After nearly a month of continuous operations, he had collectively purchased over 500 million yuan worth of 'Jingcheng Holdings' stock chips in the Hong Kong stock market using his trading account.
At the same time, under the company's name, he also acquired a significant amount of institutional shares at a discounted price from those who wanted to exit after 'Jingcheng Holdings' failed to break through to the A-share market.
Currently, he personally and the company collectively hold a stake in 'Jingcheng Holdings'.
It has reached close to 10%.
And during this period, he continued to increase his stake in 'Jingcheng Holdings' through various means.
The current head of the Qin family, Qin Renzhao, had visited him several times to request cooperation, hoping Su Yi could stand on his side and help him consolidate the group's control.
However, Su Yi had already promised Lei Kaishan.
So, during this time, he had been making excuses and avoiding seeing him.
"Big Brother, is Mr. Su still avoiding us?"
Just before the annual general meeting of 'Jingcheng Holdings' was about to be held, and as Su Yi completed the acquisition of numerous shares in the 'Jingcheng Holdings' group, inside the Qin family villa, Qin Feng urgently asked, seeing his elder brother Qin Renzhao with a furrowed brow.
Qin Renzhao shook his head helplessly and said,
"I invited him several times, but he refused with various excuses. It seems there's no hope of cooperating with CEO Su. Alas... it's also our fault for reacting too slowly. We didn't expect Mr. Lei to have laid an ambush on CEO Su."
After the scandal involving Qin Song broke out.
For a considerable period, Qin Renzhao had focused his energy on internal group matters, as well as helping his father clear his name from the scandal and finding various pieces of evidence to win the lawsuit.
He hadn't anticipated the sudden changes in the secondary market, nor did he expect the institutions that had vowed to firmly support their Qin family to turn around and sell their holdings.
By the time he reacted...
When he was frantically raising funds to increase shareholdings and repurchase the shares held by various institutions that had participated in the private placement plan.
It was already too late.
The stock price in the secondary market, under Su Yi's continuous buying and speculation, had long climbed out of the deep pit caused by the Qin Song scandal.
Moreover, the other party was still continuously buying and pushing up the stock price.
If they competed with him on the trading floor, not only would they fail to acquire many chips, but they would also further push up the stock price, thereby increasing the asking price of institutions still holding 'Jingcheng Holdings' group shares in the primary market.
"What do we do now?"
Qin Feng anxiously asked,
"In a few days, the shareholders' meeting will be held. If nothing unexpected happens... Mr. Lei will definitely reveal his true intentions at the shareholders' meeting, uniting a group of small and medium shareholders to demand a re-election of the chairman and a restructuring of the group's board of directors."
"We can only take it one step at a time,"
Qin Renzhao said with a headache.
"There are still quite a few shareholders within the group who support us. It won't be that easy for Mr. Lei to win. The most crucial thing now... is to get father acquitted. As long as he's not prosecuted, everything will be manageable. If father is fine... I believe those people in the group won't be able to turn things around."
"Is that... possible?"
Qin Feng asked.
Qin Renzhao said,
"I've tried. That mother and daughter are clearly under Mr. Lei's care, and Mr. Lei must have already spoken to them. Wanting to settle out of court with money seems to be a dead end for now. We can only rely on Lawyer Hao.
Based on some of the evidence we've collected so far, it's very clear that this is likely a conspiracy, specifically designed against father. As long as we can prove this, prove that these were all designed, then there's hope."
"Alas..."
Qin Feng sighed,
"I really didn't expect things to turn out like this."
Qin Renzhao said,
"We were careless. The moment father had trouble, I should have anticipated all the subsequent plans. This CEO Su is truly extraordinary... In just a few months, he has actually become the hottest figure in Modu."
"Big Brother, do you know how many shares of our group CEO Su roughly holds now?"
Qin Feng asked.
Qin Renzhao thought for a moment and said,
"How much this guy bought in the secondary market, currently we are not particularly clear. But according to the disclosure requirements of the Hong Kong Stock Exchange, his holdings in the secondary market definitely exceed 5%.
Plus, he acquired a portion of 'Huaxin Securities'' chips under the name of 'Huayi Capital' company. This person... is now one of the top five core major shareholders in our group by shareholding percentage."
"That exaggerated?"
Qin Feng was startled.
"Yes!"
Qin Renzhao said,
"The shareholding CEO Su currently holds should be Mr. Lei's most important trump card. Unfortunately, this card... is very difficult for us to secure. If we could win him over, Mr. Lei would definitely have no chance in the upcoming shareholders' meeting."
"Is there really no chance at all?"
Qin Feng asked.
Qin Renzhao responded,
"Normal business negotiations and cooperation talks should involve a process of asking for a high price and bargaining down. But CEO Su isn't even willing to meet, which indicates that he has no intention of cooperating with us from the bottom of his heart. It's very, very difficult to win over this person!"
"I wonder what price Mr. Lei offered CEO Su,"
Qin Feng said.
"What is known, from what I understand, is a detached villa in the city center,"
Qin Renzhao said.
"Other conditions are unknown."
"Can we still win over the other small and medium shareholders of the group?"
Qin Feng continued to ask.
Qin Renzhao said,
"Father's incident this time has greatly damaged the group's reputation and directly led to the failure of the group's A-share listing, causing substantial financial losses to many shareholders.
It also affected the group's image, many pending development projects, and project sales. In this situation, it's not easy for us to win over the small and medium shareholders of the group, but at present... this is the only path we can take. No matter what, I will not give up. It won't be that easy for Mr. Lei to smoothly gain control of the group."
At this point, Qin Renzhao gritted his teeth, took a call, and went back to deal with the group's affairs.
Qin Feng watched his elder brother's busy figure and worried eyes, standing rooted to the spot for a long time, wanting to help but feeling at a loss.
In his mind, he involuntarily recalled two or three months ago.
The scene when Su Yi, through Zhao Xinqiang, conveyed a message to them.
At that time, he didn't think the other party was anyone significant, and he didn't even take their words to heart at all.
But he never expected that in just two or three months, the other party would transform into a rising capital star in Modu, becoming the most important driving force causing their Qin family to lose control of the group.
He thought carefully for a while.
He thought of various ways to persuade Su Yi to side with his elder brother.
But after careful consideration, he felt that none of the methods seemed feasible.
But whether it was feasible or not, he decided to give it a try.
So, he asked Zhao Xinqiang to help arrange a meeting with Su Yi.
He had also thought of the reason: he wanted to formally apologize in person for the previous disturbing and offensive incident of street racing, and then sound out the other party to see what conditions would move him.
"Su... Su Yi, are you busy?"
After receiving Qin Feng's request, Zhao Xinqiang, out of courtesy, called Su Yi.
"What's up, anything?"
Su Yi asked with a smile.
"Yes, a friend asked me to convey a message to you,"
Zhao Xinqiang said,
"Qin Feng from the 'Modu Car Club', whom you inquired about before, do you still remember him?"
Su Yi thought for a moment and replied,
"The second young master of the Qin family from 'Jingcheng Holdings'?"
"That's right, it's him,"
Zhao Xinqiang said,
"He wants to invite you to dinner and apologize in person for what happened before."
"Apologize?"
Su Yi was slightly taken aback, thinking this matter was long in the past.
However, he had recently heard that this person had once intervened to protect Chu Wan at the training institution where Chu Wan was.
He felt that since the other party was sincerely apologizing, he could still grant this favor.
So, after a moment of contemplation, he replied,
"Alright, have him arrange a time and place."
"Okay."
Zhao Xinqiang quickly responded, then paused and changed the topic, saying,
"Su Yi, do you... does your company still need traders? Can I... join your company?"
Under Su Yi's extremely legendary wealth appreciation experience over the past six months.
At this moment, he had no ambition left.
In fact, his slightest trace of heartfelt jealousy towards Su Yi had gradually transformed into admiration and pride.
Now, when he went out boasting that Su Yi was his classmate, many people would look at him with respect.
"We are quite short of people,"
Su Yi said,
"but our company's recruitment conditions are very strict. If you want to come... you can prepare a resume and submit it to our company's human resources department for a try. If you pass the first round of screening, you can come for an internship. However, during the internship phase, there's a live trading assessment, so you'll need to be mentally prepared for that."
"No problem,"
Zhao Xinqiang chuckled,
"I just want to learn a few tricks from you."
With that, the two chatted for a few more sentences before hanging up the phone.
Afterward, Zhao Xinqiang quickly messaged Qin Feng back.
Qin Feng breathed a sigh of relief when he heard Su Yi agreed to meet, quickly told this news to his elder brother, and planned to bring his elder brother along to meet CEO Su.
Qin Renzhao was somewhat surprised when he heard that Qin Feng had managed to arrange a meeting with Su Yi.
Of course, he was also a little excited.
Because if a meeting could be arranged, it definitely meant there was an opportunity for negotiation.
Thinking this, Qin Renzhao chose the restaurant with the best environment in Modu, then set a time and had Qin Feng send the time and place to Su Yi via Zhao Xinqiang.
Su Yi smiled when he saw the time and place sent by the other party, understanding their true motive in his heart.
However...
Since he had agreed to the other party, he still had to keep the appointment, regardless of their motives.
So, Su Yi arrived at the restaurant's private room at the time and place specified by the other party.
"CEO Su, I've long admired your reputation."
Seeing Su Yi arrive, Qin Renzhao quickly stood up to greet him.
Su Yi shook hands with Qin Renzhao, sat down with a smile, and said,
"CEO Qin's name also precedes him; I've heard much about it. Recently, my company has been busy with various affairs, and CEO Qin has invited me many times, but I haven't been able to make time. I truly feel a bit bad about it."
"I understand, I understand,"
Qin Renzhao said with a smile,
"CEO Su's 'Huayi Capital' has only recently opened, and various tasks are heavy, which is completely understandable. I, too... actually owe it to my younger brother today that I had the privilege of meeting CEO Su. To be honest... CEO Su has recently become a prominent figure in Modu; it's not easy to get a meeting with you."
"Not at all,"
Su Yi said with a smile,
"I'm just a small potato."
"If CEO Su is considered a small potato, then in Modu... there would be no big figures at all,"
Qin Renzhao said.
"My younger brother was ignorant before and offended CEO Su quite a bit. I hope CEO Su can be magnanimous!"
When Qin Renzhao said this...
Qin Feng quickly interjected, saying,
"During last year's National Day, I genuinely offended CEO Su and Chu Wan. I've constantly reflected on myself since then and hope CEO Su can forgive me."
Su Yi glanced lightly at Qin Feng and said,
"It was quite rare for you to stand up for Chu Wan at the 'Yinyun' institution last time. As for what happened on National Day last year, I honestly don't even remember it. It's truly not easy for Mr. Qin to remember it and be sincere in his apology. How could I not forgive him?"
"It is said that a prime minister has a mind broad enough to sail a boat, CEO Su's magnanimity is truly admirable,"
Qin Renzhao said with a smile.
"It wasn't a big deal to begin with,"
Su Yi said,
"I just hope Mr. Qin will focus his energy on proper matters in the future. As far as I know, society nowadays is no longer suited for the 'games' you think you can play. Street racing and showing off on the streets often don't look as cool as you might think."
"Looking back now... it was indeed quite foolish at the time,"
Qin Feng smiled, not refuting.
In the past month, since his father's incident, he felt that his mindset had matured a lot, and his way of looking at things was completely different from before.
"It's not easy for Mr. Qin to think that way,"
Su Yi praised.
Apart from not liking Qin Song, he didn't have any particularly bad feelings towards the other members of the Qin family.
"CEO Su, actually, besides my younger brother's matter today..."
Qin Renzhao saw that Su Yi was a straightforward and direct person, so after thinking for a moment, he spoke directly,
"I also wanted to discuss our cooperation with CEO Su."
Su Yi stared into Qin Renzhao's eyes and said,
"What cooperation does CEO Qin want to discuss?"
"I know CEO Su has recently acquired a lot of shares in our 'Jingcheng Holdings',"
Qin Renzhao said.
"How about this... we can fully acquire the shares you hold, CEO Su, at a price with a 20% premium over the current market price."
"A 20% premium over the current share price,"
Su Yi smiled and said,
"CEO Qin, do you currently have that much cash?"
As far as he knew, the Qin family's cash flow had long dried up, otherwise, they wouldn't have allowed him to aggressively acquire chips in the market without seeing any follow-up bidding or scramble for shares.
Qin Renzhao coughed lightly and said,
"CEO Su doesn't need to worry about that. As long as you are willing to sell, the price I promised you and the condition of full cash payment can definitely be met."
As long as Su Yi was willing to sell his shares.
He would spare no expense to acquire these shares, even if it meant selling other fixed assets of his family, or other industrial companies, or taking out high-interest loans.
"On that point... I do believe CEO Qin,"
Su Yi thought about the current predicament of the Qin family, nodded slightly, and said,
"However... as of now, I don't plan to sell the shares I hold, because I believe the future 'Jingcheng Holdings' group may bring me even more substantial investment returns."
"What about a 25% premium?"
Qin Renzhao said,
"With this condition, Mr. Su could easily make a profit of at least one or two hundred million yuan in a short period by reselling!"
Su Yi smiled and said,
"Does CEO Qin believe I invested in your 'Jingcheng Holdings' group because I valued a short-term profit of one or two hundred million yuan?"
"Isn't it?"
Qin Renzhao said, somewhat surprised.
He hadn't expected Su Yi's appetite to be so large that he didn't even care about an expected profit of one or two hundred million.
"Of course not,"
Su Yi said with a smile,
"What I value is your 'Jingcheng Holdings'' first-mover advantage and geographical advantage in Modu's real estate industry. Of course... what I'm indirectly optimistic about is also the future development of Modu's real estate industry and the future development of Modu's housing prices."
"Thank you, CEO Su, for being so optimistic about the future of our 'Jingcheng Holdings'."
Qin Renzhao hadn't expected Su Yi to make such a big investment in his own group with long-term investment plans.
Surprised, he paused and then said,
"Since CEO Su is unwilling to sell his holdings under the current circumstances, how about we try a different form of cooperation?"
"Tell me,"
Su Yi looked at him and responded.
Qin Renzhao said,
"Currently, there are some differences in management and operational strategies within our group. I believe CEO Su has also heard about this. I hope CEO Su can sign a consistent action agreement with us to help stabilize the group's current operating strategy and development direction.
CEO Su just said that the reason for investing in our group, is because you are optimistic about our group's future first-mover advantage and geographical advantage in Modu's industry.
I believe CEO Su has excellent foresight. And to maintain sufficient competitive advantage in the future, internal stability of the group, and stability in operating strategy and development direction, should be indispensable, right?
A consistent action agreement will not harm any of CEO Su's shareholding interests. Of course, as a basic condition for cooperation, we should still show considerable sincerity.
As long as CEO Su can sign this consistent action agreement with us, I can promise to give CEO Su, or your representative, an independent director position on the future group board, and at the same time, reserve the condition to repurchase your shares at a 25% premium in the future."
"To be honest, CEO Qin, the conditions you've offered are indeed generous,"
Su Yi said,
"But as businessmen, we ultimately cannot be purely profit-driven."
"CEO Su, what do you... mean by that?"
Qin Renzhao was stunned.
Su Yi smiled, somewhat helplessly, and said,
"You said that... too late."
With that, Su Yi stood up with a slight apology and continued,
"One does not receive benefits without merit. I appreciate CEO Qin's invitation to this meal, and the conditions you offered are, frankly, very tempting. But one cannot sell the same goods twice. I only hope that in the future... we will have other opportunities for cooperation."
Then, after finishing his words, Su Yi pushed open the door of the private room and walked out.
Leaving Qin Renzhao sitting blankly in his chair with a grim expression, and Qin Feng, who was at a loss for words.
"It seems... we can only find solutions from other angles,"
Qin Renzhao sighed helplessly after a long silence.
"That Mr. Lei is truly insidious, damn it... he planned too early."
He didn't blame Su Yi for not cooperating with him.
Just as Su Yi said, in the business world, besides profit, integrity comes first.
He understood the principle that one cannot sell the same goods twice.
He only regretted not realizing the group's internal crisis sooner, not guessing Lei Kaishan's intentions earlier, and certainly not anticipating that Lei Kaishan would resort to such despicable means to seize control of the group, destroying the group's listing plan and harming the interests of all shareholders.
Of course, what truly frustrated him was that his father, who had been shrewd all his life,
would actually fall prey to such a matter in the end.
Along with Qin Renzhao's sigh, on the other side, Lei Kaishan, after learning that Qin Renzhao had not reached an agreement with Su Yi, was overjoyed.
He immediately called Su Yi and showed goodwill again.
Under his strategic planning...
Lei Kaishan calculated that, if nothing unexpected happened, with the votes he had currently secured, his election as the next group chairman and becoming the actual controller of 'Jingcheng Holdings' was unstoppable.
Neither considering the group's future development nor shareholding percentage, Qin Renzhao could not compete with him.
Of course, to finally secure the victory and leave Qin Renzhao with no chance of a comeback.
After obtaining the votes from Su Yi, he continued to contact and lobby other small and medium shareholders before the group's general meeting.
And the other small and medium shareholders, upon realizing that Lei Kaishan already had victory in his grasp.
Naturally, they all readily agreed to his overtures.
Just as undercurrents continued to surge within 'Jingcheng Holdings' group, conflicts were fierce, the internal power structure was about to be reorganized, and the Qin family was on the verge of losing control of the group.
Su Yi continued to buy in the subsequent period.
He had initially completed the position-building plan for the 'Huayi Expedition No. 1' fund product.
(End of Chapter)