Chen Yixin then passed on Xia Tian’s meaning to Zou Wenhuai and Mai Jia.

After consideration, the two of them decided to agree to Xia Tian's conditions and mortgage their theater chains to him. Then their two theater chains exchanged them for loans of 300 million (Jiahe) and 250 million (Xinyi City) from Xia Tian respectively.

Zou Wenhuai and Mai Jia also know that after mortgageing their theater chains, film library, and actor contracts to Xiatian, once they do not pay back these loans in the future, their company will be swallowed up by Xiatian directly.

But they still wanted to take a try. They bet that once the film companies were squeezed out, the three of them could monopolize the Hong Kong film market and make a lot of money at that time, and it would be just a piece of cake to borrow money at that time.

"For the sake of development, other companies dare to borrow bank loans or even usury. If we don't even dare to touch this interest-free loan, then what company can we open? We can go home and rest." Zou Wenhuai said to He Guanchang.

"That's right. Now that someone is willing to pay to support our development, we still hesitate and shrink back, there is no need to start a company anymore." He Guanchang nodded in agreement.

Jiahe also had many development plans before, such as renovating the set, purchasing theaters, opening up the market, promoting stars, shooting blockbusters, etc., but because of insufficient funds, it is difficult for a good cook to cook without rice.

Now that they have the summer funds, they can do these things. And they all believe that these things will be beneficial. At that time, the company's performance will improve and the loan will be a piece of cake.

Mai Jia from Xinyi City also had this idea, and he borrowed money not mainly to invest in movies, but to be interested in the current stock market. After getting the loan, he first bought blue-chip stocks worth HK$150 million.

...

"Mr. Xia, I have initially planned the restructuring." Weiris reported to Xia Tian on the yacht.

After many days of research, he finally had a feasible plan.

Xia Tian nodded, "Mr. Weilis, please sit down and let's talk slowly."

"Okay." Weilis smiled, sat down, and then asked with a smile, "Mr. Xia, do you know anything about the company's restructuring?"

"I know a little bit." Xia Tian nodded and asked in confusion, "Why, Mr. Weilis, does this have anything to do with your plan?"

"Oh, I want to know how much you know about the company's restructuring before deciding how to explain my plan to you," Weilis explained. "If you are a professional, then I'll just explain it briefly, and I think you can understand it immediately. But if you only know a little bit of the skin, I'm afraid I'll introduce it in detail."

"So that's it." Xia Tian nodded, "My understanding of this is just the basics. I hope Mr. Weilis will try to explain it more carefully when you explain it again."

"Okay." Weilis agreed readily, "Then I will start. For this company restructuring, I want to start with the company Crocodile Shirt."

Xia Tian was stunned, then showed an inquiring expression.

"The reason I started with the company Crocodile Shirt is mainly because it is relatively easy. The current share structure of the company is that the Chen family accounts for 25% of the shares, the Lixin Group accounts for 52% of the shares, and 23% of the shares are publicly held," Weilis introduced.

Xia Tian nodded. Last year, Lixin Group acquired 38% of the shares in the hands of Chen Jinghui, the former owner of Crocodile Shirt, and then bought 20% of the shares in it. In addition to the acquisition of stocks from other shareholders, the holdings once reached 75%.

However, it then sold 23% of its stocks to cash out, leaving only 52% of its stocks under Lixin Group. The Lin family also holds 38% of its stocks, which is equivalent to holding 20% ​​of its voting rights in its hands.

"My suggestion is, Mr. Xia, you sell all the brands, factories, equipment, etc. of the crocodile shirt to your Tianfu clothing." Weilis suggested, "and then use the funds obtained from the sale to invest in your company. In this way, the crocodile shirt company will be emptied and your assets will be greatly appreciated."

Xia Tian nodded.

Before the stock market crash, Crocodile Shirt had a market value of more than HK$2 billion. Its brands, factories and equipment are all high-quality assets. If Tianfu Garment can obtain the assets of Crocodile Shirt, it will be very beneficial to its future development.

Although it already has Du Peng, it doesn't matter. It is not uncommon for a group to own multiple fashion brands. For example, under the well-known French luxury group LVMH, there are luxury brands such as Louis Vuitton, Givenchy, Dior, and Fendi.

"But this matter is not as easy as saying it. As far as I know, if I am the major shareholder of the Crocodile Shirt, if I want to sell its assets to my company, it is an affiliated transaction. I must avoid it and cannot exercise my voting rights. And other shareholders may not agree to empty the Crocodile Shirt and sell it to me, right?" Xia Tian asked again.

It is not as easy as imagined for the controlling shareholder of a listed company to hollow out the company. In order to prevent major shareholders from using their power for personal gain and hollowing out the company, the law has made strict regulations, limiting the power of major shareholders. Therefore, it is not that he can do whatever he wants, otherwise, in summer, he would not have to spend hundreds of millions of Hong Kong dollars to ask Weilis to come up with his own ideas.

For example, if he wants to sell the assets under the Crocodile Shirt to Tianfu Clothing this time, he will not be able to vote by himself, and he can only vote by other shareholders. If the shareholders vote for more than two-thirds, then this transaction cannot be carried out.

In terms of Tianfu Garment, Xiatian has enough influence to make shareholders agree with their acquisition plan. However, in terms of crocodile shirts, Xiatian is not so sure.

After all, among the shareholders of the Crocodile Welfare, the Lin family indirectly holds nearly 20% of the shares, so it is impossible for them to agree to sell the Crocodile Welfare to him. Although their holdings are less than one-third, they can influence other shareholders and make this transaction fail.

"You are worried, but please don't worry, I have already studied it. The Chen Jinghui family has long wanted to immigrate. The reason why they have not sold all the shares of the crocodile shirt in their hands is actually to wait for Lin Boxin to operate better before selling the shares." Weilis introduced.

The Chen family has been operating the crocodile shirt business for more than 30 years, but with the rise in land prices in Hong Kong and the rise in store rents, the profits of crocodile shirts have been greatly reduced. In addition, the Chen family is unfavorable to expand into the mainland market, which makes the crocodile shirts very unfavorable, and makes the Chen family lose their business intentions, so they want to take advantage of the crocodile shirts.

Lin Boxin's business capabilities have always been obvious to all. From a small garment factory in the 1950s to a large consortium with a market value of over 10 billion Hong Kong dollars, this talent is not comparable to that of ordinary people.

At the same time, Lin Boxin is very related to the mainland and has started to invest in the mainland in the early 1980s, so he can definitely open up the mainland market and sell crocodile shirts into the mainland. Therefore, the Lin family is optimistic about the future of crocodile shirts, so they still retain 25% of the shares they have not sold.

However, now the stock market crash in Hong Kong, the stock price has fallen to the bottom, and the stocks of the crocodile shirts in the Chen family also depreciated sharply, which made them very regretful. In addition, the crocodile shirts are now returning to Xiatian, and it is hard to say whether he is willing to run this brand well, so the Chen family is very worried about the future of the crocodile shirts. If Xiatian is willing to offer a relatively high price at this time, I believe the Chen family would not object.

"Not to mention those small shareholders, the stocks they have now shrunk sharply, and they are trapped in stocks like hairy crabs. If Mr. Xia is willing to buy crocodile shirts at a high price, it is of course a good thing for these small shareholders, so how could they object?" Weilis said with a smile.

When Xia Tian heard this, he nodded.

"If the Chen family and the small shareholders agree, it will be useless even if the Lin family opposes it." Weilis said again.

Xia Tian smiled. Weilis's idea was so vicious that he played around with the Chen family and the small shareholders. They must have thought that Xia Tian would take the money to share after selling the crocodile shirt, so they all voted in favor.
Chapter completed!