Chapter 206 Two Questions
"Good evening everyone, this is Ye Shufen, a reporter from the front of Jade Platform, who reports to you."
"Friends who have just turned on the TV or ignored financial news during the day may not know that at 10 o'clock this morning, China Gas, a blue-chip stock with the Hong Kong stock code 0003, applied to the Hong Kong Stock Exchange for suspension of trading. According to China Gas announcement, Hong Kong Island Liwan Energy Group will acquire listed company China Gas by cash and shares."
The total number of shares of China Gas is 11 billion, and the number of public shares circulating on the Hong Kong Island market is about 3 billion. Other shares are scattered in the hands of the Hong Kong Island rich family headed by Li Zhengjiang.
The stock price of China Gas is currently just over HK$1, and the market value of the entire group remains between 12 billion and 13 billion. Due to the premium merger and acquisition, the final calculation was 30% of the premium of China Gas, and the entire China Gas priced at HK$16 billion.
This time, Yuanjia only started about 3% of the public shares in the market, and focused its main energy on the negotiations of major shareholders. The major shareholder alliance led by Li Zhengjiang paid HK$12 billion. Liwan Energy acquired Zhonghua Gas in the form of paying HK$1 billion in cash and 10% of Liwan Energy's shares.
At this time, the international natural gas price accounting is still based on million British thermal as the mainstream unit. The average offshore unit price of non-pipeline transportation is about US$2.3-2.8. The offshore purchase price per million British thermal signed by Japan in Indonesia, Brunei and Qatar is US$2.5 per million British thermal. The purchase price per ton of natural gas is US$120 per ton of converting into metric units.
Considering the financing limits of the Hong Kong Island financial circle, Liang Yuan did not inject all assets of the Liwan oil and gas field into Liwan Energy, but only injected about one-sixth of the resources, including a complete gas field with a mineable reserve of 80 million tons and a light oil field with a mineable reserve of 30 million tons.
Other oil and gas resources were left under the name of a holding shell company called Liwan Resources by Liang Yuan. In the future, they will find the right opportunity to gradually incorporate the entire Liwan Resources into Liwan Energy.
International crude oil prices are currently fluctuating around US$150/ton. The part of the oil and gas assets injected into Liwan Energy by Liwan Oil and Gas Field are approximately US$14 billion based on the current average level of international oil and gas energy.
After the merger and acquisition, Liwan Energy has become a giant in the entire industrial chain with 700,000 natural gas users on Hong Kong Island, with pipelines covering one-half of the residential areas of Hong Kong, with 80 million tons of natural gas fields and 30 million tons of light oil fields, and two LNG transport ships with a capacity of 30,000 tons, opening up the entire industrial chain giant with energy extraction, special transportation, and supply distribution.
Next to the broadcast car in front of Mandarin Oriental Hotel, Ye Shufen had just introduced the ins and outs of Liwan Energy and found that the main dealer Li Zhengjiang, who led the merger, arrived at the entrance of the hotel by taking a white Rolls-Royce.
Because there was a cordon in front of the hotel door and all the reporters could not rely on it, Ye Shufen quickly guided the camera's lens to point Li Zhengjiang who had just gotten off the car.
"Friends who have cared about Jade News may know that Mr. Li Zhengjiang, chairman of China Gas, has always been incompatible with Mr. Li, chairman of He Huang. In his early years, Li Zhengjiang changed his second son's name to the same as Chairman He Huang, and also laughed with reporters about beating his son as a great joy in life."
With the attitude of not being afraid of big troubles when watching the fun, Jade Station drew up the early grudges of Hong Kong Er Li to tell the story.
"According to the calculations of Goldman Sachs investment department in Hong Kong, China Gas' market value after the merger is likely to become the first single listed company in Hong Kong to exceed HK$100 billion."
Without Liang Yuan's participation, the Hong Kong stock market would have soared after Jardine Mahjong, which represents the major retreat of British capital. From 1992 to 1993, Hong Kong created a rare miracle in global securities history. Almost all listed companies in Hong Kong doubled the market value, and the market value of blue chips such as Hutchison, Yangtze River, Hong Kong Lights, and China Gas even doubled. The occurrence of this incident directly laid the foundation for Hong Kong Island to emerge in the global wealth circle.
The most important driving force behind this incident was a southern tour of the old man in the Republic.
In the era where Liang Yuan is currently living, companies with a market value of over 10 billion yuan in Hong Kong are already the backbone blue chips, and the market value of over 10 billion yuan in Hong Kong dollars in Hong Kong media has not even fantasized about it for the time being.
Due to a certain ban, the southern tour of 1992 became a speech by Jiangwan. The time for Liwan to go public was stuck at the time before the impact of the matter was about to explode. This time, Liwan Energy was favored by overseas investment institutions to value 100 billion yuan. The old man’s speech at Jiangwan Airport a few days ago was crucial.
Without taking advantage of this crazy spirit, Liang Yuan thought that it would be extremely difficult to put all the Liwan oil and gas fields on Hong Kong Island. Once this opportunity is missed, he would have to wait for seven years to return. However, at that time, he had to be wary of Soros, the risk of raising the market value was countless times greater than that now.
"According to internal news from our station, Liwan Energy is the first step in Jardinet Group's plan to revive Jardinet. As early as last year, Jardinet negotiated with several Hong Kong island energy companies such as Hong Kong Ding, and even reported successful negotiations several times. However, what is unexpected is that China Gas Energy, which later joined, reached a final agreement with Jardinet."
Ye Shufen shook the microphone and jumped to attract Li Zhengjiang's attention while revealing the news.
Speaking of which, it was also a classmate Li's unlucky. When Liang Yuan turned on the Hong Kong Lighting M&A, there was no impact on the Liwan Oil and Gas Field. The two sides were talking about Hong Kong Island Land Co., Ltd. and cash M&A.
The negotiations with Li were at a deadlock. When Yuanjia set up a new front to start the spare tire of China Gas, Liang Tuhao, who was cheating, had already thrown out the string of digital coordinates unstoppable. Therefore, the negotiations with China Gas became Liwan Energy Co., Ltd. or Hong Kong Island Land Co., Ltd. and cash acquisition of China Gas.
Although Liang Yuan is very slandering Hong Kong rich, he has no prejudice in cooperation and almost always maintains his attitude of doing business. Of course, if he has no prejudice and does not have a good impression of him, he naturally is too lazy to change the conditions and re-conversation with Li. As a result, the tragic Li missed this feast in the energy field.
To be fair, the Liwan Oil and Gas Field where Liang Yuan left was discovered by Li's company. If Liang Yuan had changed the conditions and renegotiated, it would be very likely that Li would agree. However, Liang Yuan had never had any burden on digging out the corners of real estate developers. He had never had any thoughts on making up for it, so he could only be considered unlucky.
Li Zhengjiang has been in high spirits recently. Not long ago, the Hong Kong stock market has just reacted a little, so he decided to take China Gas out of business and go to Liwan Energy, a larger stage to show his talents.
After China Gas is acquired, Hong Kong Stock Exchange 0003 will apply for a change in the company name in two months. At that time, the listed company China Gas will be changed to Liwan Energy, and China Gas will transform into a public service company under Liwan specializing in pipeline natural gas distribution.
The board of directors of Liwan Energy will also be reorganized. The board members are mainly senior executives airborne by Jardine Mathematics, but the group's chairman is Li Zhengjiang, who is responsible for developing Liwan Energy into a full-industry energy giant rooted in the Asian market.
As long as IQ is not a problem, almost everyone can understand that compared to real estate in Hong Kong Island, the imagination space in the energy field is almost unlimited.
Although Liang Yuan looked down on the local tyrants in Hong Kong, he could not kill everyone. It is necessary to attack one after another. It is not a problem for Hong Kong tyrants who can leave their names in future generations to manage a large company of hundreds of billions. In addition to their connections, they can also help Yuanjia alleviate the pressure of shortage of senior executives.
After tidying up the collar, Li Zhengjiang, who got out of the car and looked up, happened to see the Jade National Taiwan University reporter Ye Shufen jumping and shaking, trying her best to attract his attention.
Since he is an old acquaintance and the time for the cocktail party is not yet here, Li Zhengjiang doesn't mind answering two questions.
Walking to the unfolded isolation line, Li Zhengjiang stretched out his two fingers and shook it, and said with a smile: "Only answer two questions, reporter Ye must think about it before asking."
"I am very grateful to Chairman Li for taking the time to answer the questions in his busy schedule. Congratulations to Chairman Li for taking charge of the first listed company with a market value of over 100 million yuan in Hong Kong."
Ye Shufen held the microphone in both hands and leaned over and bowed to thank him.
After hearing Ye Shufen's compliments, Li Zhengjiang laughed heartily and nodded to indicate that the interview could begin.
"As far as I know, before Chairman Li's explosive news appeared, thermal power generation has become a hot topic of discussion among Hong Kong media in recent days. What I want to know is whether Liwan Energy, which has merged China Gas, has the ambition to obtain the third Hong Kong Island power license."
"Reporter Ye's problem is very big, it should be considered two issues."
Li Zhengjiang, who was in a good mood, rarely joked.
"Chairman Li, you can't bully me like this. Today, the news of the evening is expected to be the two questions that you have been doing the show."
"Reporter Ye's question is easy to answer. I can tell you clearly that Liwan Energy currently has no intention of obtaining the third power license on Hong Kong Island."
Ye Shufen looked disbelief. The media industry in Hong Kong is only a big part. Although the media has not yet heard of the mobile power station, it has long been known that the financial owners have spent a lot of money to push the thermal power station.
Before being acquired by Liwan Energy, China Gas, under Li Zhengjiang, was very interested in the power generation market in Hong Kong Island. However, Hong Kong Lighting and Zhonghua Power had sent signals in the circle of Hong Kong Island's wealthy people. The general idea was that if a third company entered the market, Hong Kong Lighting and Zhonghua Power would start the competition mode in advance.
The construction of coal-fired power plants and Hong Kong Island Power Grid started in three years with a base of US$500 million. Once Hong Kong Lighting and Zhonghua Power start a small profit dumping model, the third company may not be able to lose its pants.
It is precisely because of such a threat that China Gas led by Li Zhengjiang has been honestly staying in the narrow field of pipeline natural gas distribution.
China Gas has ambitions for the power generation market. This is a case in the Hong Kong business community and has long been well known to most people in the business district.
"It's just that there isn't. Will Chairman Li add a time limit to the current adjective?"
"Who dares to say that things in the mall have been going on for too long? I can only say that there is no option to apply for a Hong Kong Island Electricity License in the development plan and work schedule I have learned about.
Ye Shufen was about to ask the next question, but suddenly realized that Li Zhengjiang's final tone was full of unfinished meaning. He pursed his lips tightly and straightened his back with a slight urge to make himself look more pleasing to the eye, and then looked at Li Zhengjiang with a little hope.
"However, Liwan is doing some exploratory work in power engineering. Recently, the group has plans to improve the power supply of its own properties. You should know that Hong Kong Island has always been the most pioneering city in the world's environmental protection concept. The Chernobyl incident was discovered and announced to the whole world."
His keen sense of professional smell made Ye Shufen realize a hint of big news that was about to be born.
"This is the third problem, right?"
Li Zhengjiang was halfway through and suddenly stopped talking.
"That one just now is not the second one. This is the second question and the last question I promise."
Ye Shufen and Li Zhengjiang are still very familiar with each other. The report that Li Zhengjiang claimed that he was very happy to beat his son a few years ago was written by Ye Shufen.
There are a lot of media piled up in front of Wenhua Oriental Gate. Finally, the protagonist of the incident was interviewed. Ye Shufen and Li Zhengjiang had already gathered around him to get news. Now the group of people are not even proud of themselves, and they stretched their necks to wait for Li Zhengjiang to reveal the news.
"The Group is building a brand new natural gas power station, which is expected to be put into use in two months. At that time, the Group may update the power system of some of its own properties to verify the operation of the new generation of power generation systems."
Boom~.
As soon as Li Zhengjiang spoke, the scene exploded.
It is obvious that people of Li Zhengjiang's level will definitely not talk nonsense, but even if the reporters present do not understand the power industry, they also know that there is no natural gas power station at all on the island, let alone the construction of a power plant in two months is too nonsense.
"Okay, the two questions have been answered. The Group's Public Relations Department will find time to explain the details with you, or ask your editor after tonight."
The invitation letter for the cocktail party established by Liwan Energy has long been sent in the name of Jardine Mahjong. The invitation letter for Hong Kong media is only sent to the editor-in-chief class, and the independent directors of the three major banks behind Hong Kong Island's financial tycoons Deutsche, HSBC and Standard Chartered were also present.
Whether it comes to Hong Kong Ding or not, Zhonghua Electric also sent invitation letters, and other business partners who have cooperative relationships with Jardinea were also invited guests.
However, given that Jardine’s penetration in Hong Kong Island is too profound, almost all Hong Kong Island rich people who can make their name have business connections with Jardine, and this Liwan Energy establishment cocktail party became the top social cocktail party in Hong Kong Island.
Li Zhengjiang made a big news, and then Shiran entered the hotel under the guidance of security personnel, leaving a reporter who was so curious that he was about to explode outside the door.
Because the news that Li Zhengjiang revealed was so unbelievable, the reporters in front of the hotel were divided into several groups and quarreled together.
Ye Shufen was keen and directly treated the quarrel reporters as news materials, filling the content of evening news.
Ye Shufen was busy broadcasting live, and someone suddenly shouted in the crowd, "I seem to know where the power station is."
Chapter completed!