Zhao Chen, who left the headquarters of Eagle, first took Chen Xi to drive out of Zhengzhou city and onto the highway.
For the sake of convenience, Chen Xi rented a car specially and did not let Eagle's staff deliver it when he left.
Chen Xi asked while driving:
"Zhao Zong, your last sentence, 'no more than 5%', are you sincere or did you show it to him?"
Zhao Chen leaned on the back of the chair and closed his eyes:
"I acted it for him."
Chen Xi laughed:
"Then he must be very happy. He thinks you are being harsh."
Zhao Chen opened his eyes and looked at the rapidly receding night outside the window:
"Look at Secondary Market later, we will also support you and add to the fun."
He paused:
"The happier he is, the more he feels that he has won. The more he feels that he has won, the less he will doubt that this is a trap."
Chen Xi nodded:
"Then when will he realize that he has jumped into the pit?"
Zhao Chen thought for a while:
"I don't know. With these two billion, Eagle's financial situation will be significantly improved.
However, with their pace of expansion, two billion may not last long.
It should be fine within this year, but by next year, he may feel the pain."
He closed his eyes again:
"When the time comes, he won't be able to run away even if he wants to."
Eight o'clock in the evening, Zhengzhou hotel.
After returning to the room, Lu Shen stood in front of the window, holding a cup of Red Wine in his hand.
Outside the window is the night view of Zhengzhou, with bright lights.
Zhou Huai stood behind him:
"Mr. Lu, the agreement can be signed tomorrow. 2.07 billion, 20% shares.
After Shareholders' Meeting, there will be three seats for us Board of Directors, and our financial officer Deputy Director can take office at any time."
Lu Shen nodded:
"Very good."
Zhou Huai hesitated for a moment:
"Mr. Lu, that Zhao Chen finally said that he would buy no more than 5% from Secondary Market... Should we be more careful?"
Lu Shen laughed:
"What to guard against? Just 5%, what kind of waves can it make? He knows the inside story and cannot trade during this period of time.
After the news is disclosed, Secondary Market will give him the opportunity to buy? Even if he buys regardless of the cost, it is not a bad thing for us."
He took a sip of wine:
"He is unwilling to give in now and wants to find some face for himself. Let him go."
Zhou Huai nodded and said no more.
Lu Shen looked out the window, feeling better than ever.
Zhao Chen, aren't you awesome?
Aren't you worth 6.4 billion?
Aren't you touting it all over the internet?
What now?
The thing you were interested in was taken away by me.
You can only buy some bulk goods at Secondary Market and be a retail investor.
He raised his wine glass, faced the night outside the window, and touched it lightly:
"To you, Zhao Chen."
August 13, 9pm, Shenzhen Stock Exchange official website.
An announcement was made quietly.
Securities code: ****** Securities abbreviation: Eagle Group, announcement number: 2017-058
<Announcement of Eagle Group Co., Ltd. on signing the Strategic Investment Agreement>
"The company and all members of Board of Directors guarantee that the content of Information Disclosure is true, accurate, complete, and contains no false records, misleading statements or major omissions."
1. Transaction Overview
Eagle Group Co., Ltd. (hereinafter referred to as the "Company" or "Eagle Group") signed the <Strategic Investment Agreement> with Jiahe Assets Management Co., Ltd. (hereinafter referred to as "Jiahe Assets") on August 13, 2017.
Jiahe Assets plans to subscribe for the company's non-public issuance of shares in cash, and the issuance price will be determined through negotiation between the two parties.
2. Basic information of the counterparty
Jiahe Assets Management Co., Ltd. is registered in Cayman Islands, with assets under management exceeding 500 million US Dollar. Its core team has extensive experience in domestic and foreign capital markets, focusing on China investment opportunities in the fields of consumption upgrading and modern agriculture.
3. Trading plan
This Strategic Investment plan is as follows:
1. Investment amount: Jiahe Assets invested 2.07 billion yuan and RMB subscribed for the non-public offering of shares of Eagle Group.
2. Shareholding ratio: After the completion of this issuance, Jiahe Assets holds 20% of the company's shares, becoming the company's second Major Shareholder.
3. Lock-up period: Jiahe Assets promises that the shares subscribed this time will not be transferred within 36 months from the end of the issuance.
4. Governance arrangements: After the completion of this issuance, the company Board of Directors Seat will increase its number to 9 people, of which Jiahe Assets has the right to nominate 3 director candidates.
At the same time, the company will hire a person recommended by Jiahe Assets as financial officer Deputy Director to participate in the company's financial management work.
West, purpose of funds
The total amount of funds raised this time is 2.07 billion yuan, which will be mainly used in the following directions:
1. Expand the scale of breeding:
About 50% of the funds will be used to build a new modern Live Pigs breeding base, introduce advanced breeding technology and intelligent breeding equipment, and further enhance the company's slaughter scale and breeding efficiency.
2. Diversified layout:
About 50% of the funds will be used for the company's strategic transformation, including investing in industrial funds, deploying commercial banks, improving the construction of Internet platforms, deepening channel cooperation with Shaxian Snacks Group, etc.
To smooth the cyclical fluctuations in the Live Pigs breeding industry and enhance the company's comprehensive anti-risk capabilities.
5. Impact on the company
The company Board of Directors believes that the introduction of Jiahe Assets into Strategic Investment this time will help optimize the company Equity Structure and improve the level of corporate governance.
Jiahe Assets's international vision and capital operation experience will provide strong support for the company's future development.
The investment of funds raised this time is in line with the company's three strategic layout directions of "Live Pigs breeding + deep processing, grain trade, and the Internet" and will help the company achieve sustainable development.
6. Documents available for inspection
1. <Strategic Investment Protocol>
2. Board of Directors resolution
3. Independent Director's prior approval and independent opinions
Announcement hereby.
Eaglet Agriculture and Animal Husbandry Group Co., Ltd. Board of Directors
August 14, 2017
One stone stirs up a thousand waves.
9:30 pm, Snowball platform.
Half an hour after the announcement was issued, Snowball had already exploded.
User "Pig Cycle Hunter":
"Holy shit! 2.07 billion! 20%! Jiahe This is a real waste of money!"
User "Value Discoverer":
"Eagle's current market value is more than 8 billion. 20% is about 1.6 billion. Jiahe offers 2.07 billion, and the premium is close to 30%. What kind of operation is this?"
User "Old Leek Root":
"I heard that Henglong was the first to talk, and Zhao Chen flew Zhengzhou himself, but was intercepted by Jiahe."
User "Chase Rises Kill Dips for Life":
"Hahahaha! This plot is even more exciting than the TV series!"
User "Patient Holder":
"Henglong doesn't have more than 3 billion in cash on its account? How come it was robbed?"
User "Valuation Hunter":
"It is estimated that the price has not been agreed upon. Jiahe offered a price-to-earnings ratio of 18 times. Henglong is only willing to bid less than the price. Of course Eagle chooses Jiahe."
Soon, a hot post was pushed to the home page:
<Henglong failed in the first battle of transformation: from real estate to pig farming, Zhao Chen's cross-border road got off to a bad start>