0p0 Chapter 947: 5% of the shares
Chapter 947: 5% of the shares
Si Yao also sighed. She knew that when her father was alive, he was very close to Jiang Mingfeng. After all, he was the official of Jiangcheng City.
The Si Group has been able to reach where it is today thanks to the dedicated support of Jiangcheng City.
But now, everything has changed.
"Thank you Secretary Jiang for your kindness. I found Miss Jiang today and went around asking Secretary Jiang to have dinner. I really have something to ask Secretary Jiang for help."
Jiang Mingfeng glanced around.
"How about this, Miss Si, get in the car first, and we can eat and talk at the same time."
Jiang Mingfeng pointed behind him.
Si Yao nodded, Jiang Xiaozhen opened the car door and sat in the passenger seat. Si Yao glanced at Secretary Huang.
"Secretary Huang, please drive..."
Secretary Huang nodded. After all, with her here, how could she dare to let Jiang Mingfeng drive?
But Jiang Mingfeng smiled and said, "Let me drive the car, and you guys just sit in the back."
"Don't be so restrained, sit tight, let's go."
Jiang Mingfeng smiled. After all, both Si Yao and Secretary Huang were about the same age as his sister Jiang Xiaozhen.
There's no need for him to be polite with these people.
Knowing that Jiang Xiaozhen wanted to have dinner with him today, he asked his driver to go home after get off work and drove here himself.
Jiang Xiaozhen also smiled and said, "Yes, you're welcome. Just let my brother drive."
Si Yao couldn't refuse anymore and had to get in the car. Jiang Mingfeng started the car and drove in another direction.
In less than ten minutes, we stopped outside a small stir-fry restaurant.
"arrive……"
Jiang Mingfeng unbuckled his seat belt, and Si Yao and Secretary Huang also got out of the car.
Jiang Xiaozhen explained with a smile: "When my brother first started working a few years ago, he liked to eat here and often brought me here. The boss's wife also knew him."
"You know what, the chefs here cook really good dishes."
“Although it’s not a big hotel, the taste is amazing.”
As soon as Jiang Mingfeng walked in, the proprietress behind the counter quickly put down the account book in her hand and came out to greet him cheerfully.
"Secretary Jiang, why didn't you call me before coming here today?"
Jiang Mingfeng smiled and said, "We came in a hurry. As usual, we'll find a private room and serve eight dishes as we usually do..."
"Also, this meal is my treat, no one else is allowed to pay!"
The proprietress nodded repeatedly and asked the chef to cook.
Si Yao next to him was about to say something but was stopped by Jiang Mingfeng.
"Now that we're here, I'll be the one paying. You have something to say, let's go upstairs and talk."
Jiang Mingfeng pointed to the private room upstairs.
Si Yao nodded and said that it was important to talk about business first.
Four people entered the box and sat down. Jiang Mingfeng leaned back in his chair, frowning slightly.
"I heard from Xiaozhen that you want to sell your shares in Si Group?"
"Why, you can't keep your position in the Si Group, so you want to cash out and leave?"
Jiang Mingfeng has been in charge of Jiangcheng City for many years and often goes to various places for exchanges and studies. Naturally, he knows many business leaders. If Si Yao's need is just to sell the shares of Si Group, then he can help to make connections.
Si Yao shook her head.
"No, I am going to sell my shares in the Si Group, but I am not going to cash out and leave!"
Jiang Mingfeng was slightly stunned. He really didn't know much about the business affairs, but from what Si Yao said, it seemed that there was another hidden story.
"Tell me more about it..."
Si Yao looked at Jiang Mingfeng and said directly: "I am willing to sell 5% of Si Group's shares to Jiangcheng State-owned Assets Supervision and Administration Commission for one yuan!"
"Request the Jiangcheng State-owned Assets Supervision and Administration Commission to invest in the Si Group."
Jiang Mingfeng fell silent.
Jiang Xiaozhen next to him was stunned: "One dollar for 5% of the shares?"
"The current share price of Si Group is still 4 billion, right? This 5% stake is nearly 200 million!"
"Just like that, giving it away for free?"
Secretary Huang, who was sitting next to Si Yao, was also stunned.
She never expected that Si Yao would go to such great lengths just to give away 5% of Si Group's shares to Jiangcheng State-owned Assets Supervision and Administration Commission for free.
Jiang Mingfeng also didn't quite understand: "Do you want to turn Si Group into a state-owned enterprise?"
Si Yao sighed and said, "To be honest, the Hongwan Group is eyeing the Si Group covetously. They offered 800 million yuan and asked me to sell all my shares."
"They also persuaded me to let Songjiang Construction sell the three plots of land in Daqingshan to them. If I succeeded, they were willing to give me an extra 500 million yuan."
"From my heart, I naturally don't want to accept it and want to refuse, but you also know that the Hongwan Group is such a big company. Compared with them, the Si Group is just a small company..."
"There are many constraints on listed companies, but I can still make decisions about the shares I hold."
"Transfer 5% of the shares to Jiangcheng State-owned Assets Supervision and Administration Commission. I only ask for two things!"
Jiang Mingfeng said: "You can tell me first."
Now that this has been said, Si Yao naturally won't hide it anymore.
"First, try to delay the Red Pill Group's acquisition of the Si Group. It would be best if we could directly delay their acquisition plan!"
"Second, please ask the State-owned Assets Supervision and Administration Commission to help me secure my position as the chairman of the Si Group and control the current situation of the Si Group."
"Si Group is the largest real estate company in Jiangcheng City and is the life's work of my father. I don't want Si Group to sink like this."
"Transferring the shares to the State-owned Assets Supervision and Administration Commission is the only way I can think of to resist the acquisition by the Red Pill Group."
Si Yao frowned. As long as the State-owned Assets Supervision and Administration Commission controlled the shares of Si Group, Si Group would become a semi-state-owned enterprise.
If Hongwan Group wants to acquire the company, the first thing it should consider is whether Jiangcheng State-owned Assets Supervision and Administration Commission agrees to the acquisition.
Whether shares are sold or not in the hands of ordinary people or companies is a question of price.
However, if the shares of the Si Group are in the hands of the State-owned Assets Supervision and Administration Commission, the first thing to consider is whether it will cause the loss of state-owned assets.
How to avoid it?
Of course, there is a strict review, audit, and approval process.
This set of procedures alone is enough to bring down the Red Pill Group!
If the State-owned Assets Supervision and Administration Commission could step in and help her secure her position as the chairman of the Si Group, then the acquisition plan of the Hongwan Group would come to an end.
Jiang Mingfeng was also surprised. He didn't expect that Si Yao was willing to take such a risk.
Two hundred million worth of shares, just give it away...
In addition to the 200 million shares, Jiangcheng City can also receive at least 20 million in dividends every year.
No matter how you look at it, it's a hundred benefits with no harm.
"I can't promise you anything about this, but since you have this idea, I can put it into a document and give it a try at the meeting."
"This is a good thing for Jiangcheng City. We don't want a high-quality company like the Si Group to fall into the hands of a foreign company."
"But there is one thing that Ms. Si needs to consider carefully. The SASAC's holding has both advantages and disadvantages. Although it can help you secure your position, it will also bring a lot of checks and balances..."