Zhao Chen When the two of them returned to Shan City, it was already late Thursday night.
He took a shower, fell asleep, and slept until Friday nine o'clock in the morning.
The jet lag has not completely reversed, but his energy is much better than when he was at New York.
He wore a dark blue jacket, no tie, and walked into Henglong Building holding a teacup.
The little girl at the front desk saw him and said hello with a smile:
"Zhao Zong Good morning! Are you back?"
Zhao Chen nodded and walked into the elevator.
The moment the elevator door closed, he glanced at himself in the mirror - twenty-five years old, Chairman of Henglong Group, the actual controller of Era Vanguard.
Now in US Stocks, he holds 9.88% of the shares of Tesla and more than 4% of the shares of SpaceX.
Domestically, he holds 26.3% of Bubble Mary shares and 20% of Yunnan Agriculture Group shares through Henglong, as well as Shunxin Agriculture Position which is under construction.
He took a deep breath and the elevator door opened.
Chen Xi is already waiting at the office door.
She was wearing a white shirt, her hair tied into a ponytail, and holding a folder in her hand. She looked more capable than two weeks ago.
"Zhao Zong, the information you want for Shunxin Agriculture."
Zhao Chen pushed open the office door and pointed to the sofa. "Sit down. Shunxin Agriculture, what's the progress over there?"
Chen Xi sat down and opened the folder.
"In less than ten trading days, 4.99% of the positions have been completed."
She handed a printed form to Zhao Chen, "A total of 28.5 million shares were purchased, accounting for 54.99% of the total share capital, with a total cost of 518 million yuan and an average price of 18.17 yuan.
The financing ratio is 50%, using the Henglong stock pledge amount, with an interest rate of 6.2%. The guarantee ratio is always above 250%, which is very safe."
Zhao Chen took the form and glanced at it.
The daily buying volume is not large, ranging from more than 5 million shares to more than 1 million shares, with the average price controlled at 18.17 yuan.
The price was better than he expected.
"Where is the stock price of Shunxin Agriculture? What is it now?"
Chen Xi said, "It opened at 18.25 today and is currently around 18.30.
After we bought it, the stock price did not fluctuate greatly. The highest price was 18.50 and the lowest was 17.90. The overall price was very stable."
Zhao Chen nodded. Chen Xi's operating rhythm was more stable than he expected.
"By the way, Zhao Zong," Chen Xi turned to the next page,
"Shunxin Agriculture Secretary to the Board called last week."
Zhao Chen raised his head. "Calling? What did you say?"
Chen Xi said, "They noticed that someone at Secondary Market was continuing to buy. After checking, they found that it was the account of Henglong.
The secretary to the board of directors called and asked what the purpose of our purchase was. I said it was purely Financial Investment, and I was optimistic about the development of the company.
The other party was very polite and said that institutional investors like Henglong are welcome to hold it for a long time."
Zhao Chen leaned back on the chair and smiled. "Didn't you ask anything else?"
Chen Xi shook his head. "No. There is no need to disclose anything below 5%. They are just making routine inquiries.
After knowing that we were Financial Investment, we didn't ask any more questions."
Zhao Chen picked up the tea cup and took a sip.
"Where is Bubble Mary? Is Existing Share Acquisition still pushing forward?"
Chen Xi closed Shunxin Agriculture's folder and pulled out another document from underneath.
"Bubble Mary's Existing Share Acquisition is already very difficult to promote. No matter how much we pay a premium now, no one will pay attention to it.
I contacted two more Minor Shareholder last week, and both of them directly said 'not for sale'."
Zhao Chen's fingers tapped lightly on the table.
"Is Wang An putting pressure on them, or are they really optimistic about Bubble Mary?"
Chen Xi nodded.
"It should be Wang An who put pressure on them.
He previously let us take away Existing Shares, but after taking in those few Minor Shareholder, he began to tighten his hold.
Now most of the shares are in the hands of Wang An and Henglong - Wang An accounts for about 65%, we 26.3%, and the remaining scattered shares are less than 10%.
Moreover, most of those individual stocks were persuaded by Wang An and were unwilling to sell."
Zhao Chen was silent for a while, and then said:
"That's it. Just pay attention to Bubble Mary's matter in the future. You don't need to spend any more energy pushing it.
26.3% of the shares is enough. When it is listed, these shares will become billions or tens of billions. No more is needed."
Chen Xi wrote down "Bubble Mary--acquisition suspended" on his notebook, and then raised his head.
"Zhao Zong, what will you do next?"
Zhao Chen leaned on the back of the chair and looked at Shan City outside the window.
The March sun shines through the clouds and shines on the river in the distance.
"Shrink the main business of real estate and discover new investment opportunities. Over there, Haoyu Construction, Chen Wei is reducing debts. You cooperate with her and don't have any problems with capital allocation.
On Henglong Headquarters's side, Song Zhongping is clearing inventory and selling assets. You can help him keep an eye on the payment progress.
In the real estate sector, we don't seek expansion, but stability. Reduce liabilities and solidify cash flow."
He paused and his voice slowed down a bit.
"Then, look for new investment opportunities. Shunxin Agriculture is just the first step.
A-share There are many undervalued companies in consumer, technology, and medicine, and there are opportunities in every track.
When you set up a research team here, it doesn't need to be big, just three or five people.
An industry tracking report is published every week, and an in-depth research report is published every month.
We're going from 'Opportunism' to 'Systematic Investment'."
Chen Xi memorized it quickly on his notebook, then raised his head and asked:
"Zhao Zong, how about going to United States, SpaceX this time?"
Zhao Chen smiled. "Very good. Received 4.47% of the shares, 1.036 billion US Dollar."
Elon Musk is very cooperative there, Existing Shares has many people who want to quit.
We will continue to collect in the future, and the target is 7% to 8%, no more than 10%."
Chen Xi took a breath. "4.47%? Didn't you say you would invest 100 million US Dollar?"
Zhao Chen said, "100 million US Dollar is a new stock. Existing Shares received 4%, adding up to 4.47%."
Chen Xi looked at him and shook his head.
"Zhao Zong, you have done so many things in less than two weeks at United States.
I stayed at Shan City for two weeks and bought 5% of Shunxin Agriculture. You make me feel inefficient."
Zhao Chen smiled.
"Your efficiency is not low. The 5% position of Shunxin Agriculture, with an average price of 18.17 yuan in ten trading days, did not cause significant fluctuations in the stock price.
I give this operation full marks."
Chen Xi also smiled, closed the notebook, and stood up.
"Zhao Zong, then I'll get busy first.
Shunxin Agriculture's follow-up, Bubble Mary's quarterly data, Haoyu Construction's fund allocation - I will keep an eye on these."
Zhao Chen nodded. "Thank you for your hard work."
With the departure of Chen Xi, Zhao Chen's office fell into silence again.
The next investment plan was slowly formed in this silence.