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(Symbols are missing at the end of the last chapter, so well-organized should be changed to “well-organized”, and the semantics should be reversed, see later for specific reasons)

After sitting down, Xia Yu asked directly: “Is it the Kadoorie family doing anything?”

He remembered that in the equity shares of China Light and Power Company, the Kadoorie family still owned 30% 4 of the equity shares, and his total accumulated shares reached 60% 2 points 4.

Except for him and the Kadoorie family, the other circulating equity shares are only about 2% point 3.

CLP Power’s listed company status has been In name only.

Just because Xia Yu’s equity shares are scattered, it is difficult to define, and these companies of Xia Yu are not original shareholders, so they are not qualified to ban the listed companies of China Power Corporation.

The reason why Xia Yu chose not to delist, Xia Yu has a deeper consideration, that is, to use the status of a listed company to make matters worse, and to reduce the difficulty of acquiring the equity shares of the Kadoorie family.

Because the Kadoorie family holds 30% 4 of the equity shares of China Light and Power Company, and they are reluctant to let go, they have a lot of attitude not to let Xia Yu do what it wants.

Therefore, no matter how hard Xia Yu works, he cannot increase the share ratio to more than 2/3. Therefore, Xia Yu cannot hid the sky with one hand on the Board of Directors. Many methods to dilute the share ratio of the Kadoorie family Can’t use it.

Because the Kadoorie family has a veto power on the Board of Directors with a share ratio of 30% 4.

So when it comes to the company’s critical survival or major issues, as long as it needs to be discussed by the Board of Directors, the Kadoorie family can get stuck.

However, the Kadoorie family was able to barely maintain the final face when the Board of Directors made the decision, but failed again and again in other aspects.

For example, the Shareholder Conference has been controlled by Xia Yu.

Controlling the shareholders conference, Roland Kadoorie was directly kicked from the Board-Chairman position, and the appointment of the Board-Chairman and the deputy Board-Chairman, the Kadoorie family’s nominations were all rejected.

Of course, because Xia Yu’s side does not account for 2/3 of the board seat, Xia Yu’s side is only dominant and cannot be determined in one word. As a result, the Board-Chairman’s position has been vacant.

The board of supervisors is also controlled by Xia Yu.

To sum up.

After Xia Yu acquired China Power Corporation, the internal struggle of China Power Corporation never stopped. Zhao Bo directly used seven punches in accordance with Xia Yu’s instructions to exchange injuries for injuries, making the Kadoorie family miserable.

Faced with Xia Yu’s inquiry, Zhao Bonodded said: “Yes, the Kadoorie family can’t hold on anymore. I think they are very likely to opt out of China Light & Power Company.”

Xia Yu suddenly became interested: “Tell me the details.”

Zhao Bo said: “Now our China Light and Power Company is well-known in Hong Kong. Many people know that the internal struggle of the company is fierce. The scope of the struggle covers the shareholder conference, the board of supervisors and the Board of Directors, and the company’s internal personnel changes are also very large. , Has affected the company’s operations.”

“…In order to dilute the equity shares of the Kadoorie family, I have always proposed to increase investment, such as purchasing new equipment and transforming the power grid, and proposing to raise 60 million HKD through private issuance; another example is to build a natural gas power plant and propose to raise funds through private issuance. 200 million HKD; to enter the Australian electricity market and propose private placement of 200 million HKD, etc.”

“Every time the Kadoorie family rejected the proposal, and every time I found an opportunity to spread the news.”

“Involving large plans, Board of Directors needs to discuss and decide, but in some smaller aspects, I can directly decide. Many of the company’s interests and assets have been transferred to Hong Kong Electric Light Company at a reasonable price. The Kadoorie family has already understood, but I couldn’t find a handle.”

“…So in the case of loss of management rights, the Kadoorie family can only watch their own interests suffer little by little.”

“The company’s stock price has continued to fall due to exposure to negative news. It has now fallen to about half of its normal level and has been rated as a junk stock by many institutions. The equity shares held by the Kadoorie family have been locked up.”

“I think no one but us would dare to take over. I have inquired. The Kadoorie family wanted to take the equity shares of China Light and Power Company to pledge loans, but the bank was disgusted and greatly reduced the price…”

Listening to Zhao Botao and Danger Land talking about how he “runs” the company, Xia Yu gave him a compliment.

These things Zhao Bo did were indeed given by Xia Yu privately.

There is no way, who made him want to buy the equity shares of the Kadoorie family, but ate the cold shoulder of the Kadoorie family several times, leaving no room for negotiation.

In desperation, Xia Yu can only use other methods, such as what Zhao Bo said above.

Although this method is a shame to dealing with nails like the Kadoorie family, it is an out-and-out good method.

Previous life Xia Yu saw many such scenes. Major shareholder harmed small shareholders and ordinary shareholders, directly tossing a good company to a loss, and then transferring assets at a low cost. After achieving the goal, the company immediately recovered its health.

That is, the Kadoorie family is stuck with the equity shares ratio, and Xia Yu’s side is not allowed to control over 66.7%.

If there are more than 2/3 of the equity shares, where does it need to be so troublesome? Controlling the Board of Directors and directly driving the horse to the Kadoorie family will be efficient!

However, after tossing for so long, the effect seems to be good, and the Kadoorie family’s attitude has also softened, and it is indeed possible to act.

“Zhao Bo, you continue to test the attitude of the Kadoorie family. If you think the heat is not enough, you will persecute them again. Your task is to continue to sing black faces, but you must be cautious, and be careful not to leave a handle and get yourself in.” Xia Yu smiled instructed.

“I will arrange for others to do the purchase of their equity shares. When the time comes, I will let someone contact you.”

Zhao Bo replied respectfully: “Okay!”

Next, Xia Yu asked some more questions before sending Zhao Bo away.

……

Two days later, Xia Yu suddenly received an invitation from Yue-Kong Pao and invited him to have dinner at home. Xia Yu went there at the appointment.

When Xia Yu came to Yue-Kong Pao’s house, he found that apart from Yue-Kong Pao and his family, not at all others, he asked curiously: “Old Pao, just two of us? Why is Old Fok not? Call him?”

Yue-Kong Pao explained with a smile: “Why didn’t I call him, but unfortunately he went to United States because of something, and he didn’t come back for a week. I will call him again when I have a chance.”

Xia Yu knows it, said with a smile: “Then Old Fok is not fortunate tonight. I will tease him next time when he comes back…”

After talking for a while, dinner is ready.

During the meal, Xia Yu and Yue-Kong Pao mainly chatted about interesting things.

The real talk is on the tea table after dinner.

After Yue-Kong Pao’s son-in-law, Peter Woo poured a cup of tea for the two, he sat quietly and listened.

“A’Yu, the Government of Hong Kong intends to establish a large-scale technology industrial park in New Territories, ready to support electronic high-tech, heavy industry and petrochemical industries. Have you heard of this news?”

Yue-Kong Pao took a sip of hot tea and said slowly.

Xia Yu raised her brows and asked, “Old Pao, did you get the news from the Government of Hong Kong?”

Yue-Kong Pao calmly nodded: “Yes, someone told me specifically. Murray MacLehose strictly requires confidentiality and seems to take it very seriously.”

“Government of Hong Kong’s strategic plan for Hong Kong’s governance will not have a small impact on us, so I will come to you to talk about it.”

Xia Yu’s expression was a little strange, and she held back a smile and asked, “Then Old Pao, do you know where this proposal came from? Why did the Government of Hong Kong suddenly want to plan an industrial park?”

Yue-Kong Pao shake the head: “I don’t know this. I have asked, but I haven’t got an answer.”

“What, you know?”

After speaking, Yue-Kong Pao found that Xia Yu’s expression was a little weird, and couldn’t help but raised his thick eyebrows, and asked: “A’Yu, don’t you know?”

PS: I wrote a chapter without dozing off at noon, and another chapter at night.

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