Chapter 310 Cash Out
"Sit. Minister Kang, how is the stock price trend of Universal Laser recently?"
Hu Yang smiled and pointed to the sofa. After Minister Kang sat down, he asked.
"Mr. Hu, the trend of Huanyu Laser has been very strong recently. It has regained its previous losses and reached a new high. As of yesterday's close, the stock price of Huanyu Laser has exceeded 40 yuan."
Minister Kang then introduced the stock price of Huanyu Laser. This stock is now called a "demon stock" in the market. It often goes against the trend and especially attracts the attention of investors.
"It seems that there is a lot of money in Huanyu Laser for long-term operation. Also, at this time, Cai Tianxing brought up the old matter again and planned to build the headquarters building, so preparations must be made in all aspects. Minister Kang, since the current stock price is good, then
Let’s continue to reduce our holdings. Well, this time we will try to reduce our holdings by another 10%.”
Hu Yang has no intention of continuing to play with Cai Tianxing. Anyway, as long as the stock price is suitable, he will reduce his holdings until they are all sold out, and then they will go their separate ways.
Minister Kang took the order and left, and further actions to reduce holdings will be carried out immediately.
The next day.
Mu Shaoqing went to Huanyu Laser to attend a board meeting. Although he raised objections at the meeting, Cai Tianxing still won the support of the vast majority of board members.
In fact, up to now, whether to build the headquarters building or not is not a big issue. The most critical issue is that the entire board of directors of Huanyu Laser has become alienated from Huijia Holdings.
Perhaps this is the consequence of Huijia Holdings' several shareholding reductions, which has further strengthened Cai Tianxing's control within the company.
However, Hu Yang always believes that the foundation of a company lies in its people. If he is not optimistic about Cai Tianxing, the leader of the company, he will naturally give up on Universal Laser.
I can't say who is right or wrong, it's just that their positions are different.
Huijia Holdings' next actions were not sloppy at all. It quickly reduced its holdings of 10% of Huanyu Laser's shares at an average price of 35.02 yuan. After deducting various expenses, a total of 1.674 billion yuan was withdrawn.
As a result, Huijia Holdings' shareholding in Huanyu Laser is reduced to only the last 10%, and it has almost been reduced to a soy sauce role.
Previously, Huijia Holdings still had 2.903 billion yuan in cash on its books. After the funds were withdrawn, the cash on its books reached 4.577 billion yuan.
"Brother Hu, you are so cruel. I heard that Cai Tianxing got angry in the office and threw several cups. I said, why are you holding so much cash in your hand? If you don't invest it, the value will depreciate."
The deep sea is so big. Although Chen Jialin did not know Cai Tianxing, he heard about Cai Tianxing's resentment towards Populus euphratica on some occasion.
Today he and Hu Yang happened to have dinner together, and Chen Jialin made a casual remark.
"Isn't it good to have cash in hand? You can slowly look for investment projects. I really don't want to continue to cooperate with Cai Tianxing. It would be better to divest the capital."
Of course Hu Yang is not afraid of currency depreciation, and the funds in Huijia Holdings' accounts cannot remain idle for a long time.
"There is a China Economic Summit Seminar in the Imperial Capital over the weekend, focusing on the economic development issues after China's entry into the WTO. I received the invitation letter, how about you?"
Chen Jialin was not interested in Cai Tianxing. He just said that casually, and he quickly changed the topic.
"Well, I also received an invitation letter. It said that a group of scholars and entrepreneurs were invited to attend the conference. I was thinking about whether to go."
Hu Yang rarely participates in public events, and the last interview he gave to the media was out of necessity.
"What's there to think about? Just go and you won't have to give a speech anyway. Come on, let's go together then. I can even ride on your business jet."
Chen Jialin has been a little bored recently, but he doesn't want to go back to Xiangjiang, so he plans to visit the Imperial Capital.
"Okay, then I'll go with you."
Hu Yang is indispensable. He rarely goes to the Imperial Capital in recent years. The main reason is that his business scope is basically concentrated in the Imperial Capital and Guangdong Province.
Three days later, Hu Yang and Chen Jialin set off for the imperial capital together.
When they went to the conference team to report, they discovered that there were quite a lot of people attending the conference. This conference was semi-official and the standards were quite high.
On the first day of the meeting, several economists explained on the stage the new changes that would be brought about after China's entry into the WTO. Chen Jialin listened with great interest, while Hu Yang felt sleepy in the audience.
For him, the more than ten years after joining the WTO were something he had actually experienced in his previous life. This change was indeed huge, and it can be said that it exceeded people's expectations in many aspects.
"Lao Hu, don't you like listening? I think what they said this morning was quite good."
After the morning meeting, Chen Jialin was dissatisfied with Hu Yang's behavior of dozing off at the meeting venue, but it was difficult to say anything.
"It's not that I don't like hearing it, I just think that many of their arguments are specious. As ordinary people understand, after joining the WTO, foreign capital and technology have poured into the country, and prices will become very cheap. It is difficult to agree with this, you
Are capitalists all good people? Of course, with the reduction of tariffs, the prices of some commodities will drop significantly, such as cars... But there are also many commodities whose prices will fluctuate significantly, such as soybeans.
"
The so-called WTO accession actually means that everyone competes within the same rules. It does not mean that pie starts to fall from the sky.
Hu Yang remembered that after joining the WTO, domestic companies were the most subject to anti-dumping investigations. In addition, many domestic industries were not prepared for the impact of foreign investment, and the benefits that everyone expected may not always be realized.
But one thing is that after the country became familiar with the rules of the WTO, it began to accelerate development, and finally in more than ten years its economic aggregate reached the second position in the world.
"Then what you mean is that there are pros and cons, half the pros and cons?"
Chen Jialin has not thought about it that deeply. All morning, experts have been raising issues of internationalization and international integration, but they have basically not talked about the impact on the country.
"There should be advantages and disadvantages, and the advantages outweigh the disadvantages. After all, there is still a protection period after joining the WTO, but no matter what, companies need to live up to their own expectations. If they fail to live up to their expectations, everything will stop."
Only the enterprises that have survived after brutal market competition can be said to have the ability to fight against the storm. But this has nothing to do with "integration". You cannot refer to the experience of other countries for everything. You have to walk your own path and blindly follow others.
opinions, be careful of being deceived by others.
After lunch, everyone took a rest. In the afternoon, the seminar continued. Chen Jialin still went to attend the meeting. Hu Yang didn't want to go, so he took Lin Yan, Han Wen and others to visit Academician Lu.
Academician Lu Yiming once gave selfless help to Populus euphratica. The two of them have not had much contact in the past few years, but since they are in the imperial capital, it is reasonable and reasonable to go and see him.
"Mr. Hu, I'm really surprised that you came to see me. Although I'm not very familiar with the business world, I know about your massive investment in the semiconductor industry."
Academician Lu did not meet Hu Yang in the office, but made an appointment with him in a teahouse.
"Academician Lu, you also know that I am an investor, and I have been involved in many industries. How are you doing recently? I didn't bring anything with me this time. I have some tea and coffee for you to try.
"
The tea is the best Dahongpao, and the coffee is the authentic Jamaican Blue Mountain coffee. The items are not very valuable, but it is not easy to buy genuine ones in the market, which is a little bit of appreciation from Populus euphratica.
"Then I'm welcome. Thank you."
Lu Yiming is not the kind of hypocritical person. If it is an expensive gift, he may not accept it, but there is no need to refuse tea and coffee.
"Mr. Hu, I heard that you have cooperation with the Institute of Electronics?"
Lu Yiming was not a good chat partner. He was silent for a while before he thought of a topic.
"Well, we have established a research and development institution in cooperation with the Institute of Electronics. So far, our cooperation has been very pleasant, and many scientific research results have been published."
The cooperation with the Institute of Electronics is more about solving some basic application problems. Although it cannot drive the company's overall technological progress for the time being, it will still have a great role in promoting the future.
"Well, Mr. Hu, you have an idea. You are a person who is willing to do practical things. He is better than old guys like us. Hey, I have always wanted to do something for the development of the domestic semiconductor industry. It's a pity that I am not familiar with the corporate world, so I accidentally
I got into two big fights, and people still call me a liar."
Lu Yiming has always believed that domestic companies should develop their own core technologies, especially in some high-end industries, and should not always think that making is worse than buying.
However, his understanding of the corporate world was not deep enough, and after being deceived twice in succession, he was inevitably a little disheartened.
Hu Yang didn't know how to persuade others, so he had to change the subject and talk about some happy things, such as some of his experiences in Europe.
"Academician Lu, I will leave then. I will come back to see you when I have the opportunity."
Hu Yang looked at the time and saw that the afternoon seminar was almost over, so he stood up and left.
"Look at me, I complained a lot to you as soon as we met. Mr. Hu, how many days are you going to stay this time? If there is enough time, I plan to take you to inspect two projects."
After Lu Yiming talked about it, his mood actually improved a lot. When he walked out of the teahouse with Hu Yang, he said that he would introduce two projects to him.
"Okay, I'll give you a call if I'm free these days. Academician Lu, the car is here, I'll get on first."
Han Wen hailed a taxi on the side of the road, Hu Yang and Lu Yiming shook hands, got in the car and left.
Back at the hotel, Chen Jialin was already back.
"Master Chen, have you listened all afternoon again?"
"Where? There was a keynote speech in the afternoon, and I came back after listening to half of it. Brother Hu, there is another day for the seminar tomorrow, and I don't want to go. How about we go see the Great Wall?"
Chapter completed!