Chapter 439 Sale of Huayi Shares
Chapter 439 Sale of Huayi Shares
The evening of July 11.
Just as Fu Yibai was about to leave work, Lao Zhou came to report that the final cut of "The Woman Who Left" was completed.
After watching the movie, it was already past 10 p.m. when we returned to the villa.
When you push open the villa door, there is only a floor lamp lit in the living room.
Yang Rong leaned back on the sofa, a beige cashmere blanket covering her legs, and flipped through a pregnancy nutrition guide in her hand.
Liu Yan sat next to her, with a sketchbook open in front of her, filled with various baby room design schemes.
"Still not asleep?"
Fu Yibai changed into slippers and walked over.
"I'm waiting for you."
Yang Rong closed the book and placed it on the coffee table.
Fu Yibai sat down between the two, his arms naturally resting on their shoulders.
Liu Yan rested her head on his shoulder and held the picture book in front of him.
"Do you think this color looks good?"
I want to paint the nursery a light yellow, which would suit both boys and girls.
"nice."
Fu Yibai lowered his head and kissed her forehead.
"But right now, the most important thing for you two is to sleep, not to study the colors of the nursery."
"I slept too much during the day, so I'm not sleepy."
As Yang Rong spoke, she yawned and couldn't help but laugh.
Fu Yibai pulled the two women up from the sofa, holding one in each hand, and led them upstairs.
After settling them in bed, he went to the bathroom to take a shower.
The next morning at 9:30, Fu Yibai called Wu Zhen to his office.
Fu Yibai handed him the submission materials for "The Woman Who Left" and explained the application process and deadlines for the Venice Film Festival.
Wu Zhen was very familiar with this process; he took the materials and left.
No sooner had Wu Zhen left than Qi Yuan pushed open the door and came in.
"Mr. Fu."
"sit."
Fu Yibai pointed to the chair opposite him and waited for Qi Yuan to sit down before speaking.
"How's the private hospital thing going?"
"The confidentiality agreement and hush money were settled last week."
Qi Yuan took a document out of his briefcase and placed it on the table.
"All on-duty medical staff have re-signed confidentiality agreements, the core medical team has received a 30% pay raise, and nurses and other administrative staff have received a 20% pay raise."
No one has left the company yet; the team is very stable.
He turned to the second page of the document.
Regarding the acquisition, negotiations with the hospital have entered the final stage.
This hospital is privately owned and has a relatively simple shareholder structure. The largest shareholder owns 65 percent, while the other two smaller shareholders each own 17.5 percent.
The major shareholder has no major objection to the acquisition price, while the minority shareholders are still negotiating some details.
A formal agreement is expected to be signed by mid-December.
"What were the results of the due diligence?"
No problem.
The hospital has a clean financial situation, no hidden debts, and clear property ownership.
I had Ernst & Young conduct a full financial audit; the report is in the appendix of the document.
Fu Yibai flipped to the appendix, glanced at it, closed the document, and put it aside.
"Keep a close eye on this matter. Once the agreement is signed, immediately begin the handover process. The hospital's daily operations cannot be interrupted."
"clear."
Fu Yibai leaned back in his chair, picked up his teacup, took a sip, then put it down and calmly moved on to the next topic.
"The lock-up period for the 20 million shares of Huayi Brothers stock I hold has expired."
Fu Yibai acquired 2000 million shares of Huayi's internal stock at a cost of less than one yuan per share.
In recent years, Huayi Brothers' stock price has risen steadily along with the booming film market, and is now stable between 40 and 50 yuan per share.
Twenty million shares, at the current market price, are worth close to one billion.
"Are you planning to sell them all?"
"all."
Fu Yibai's tone showed no hesitation.
"Huayi's current stock price has far exceeded its intrinsic value."
I'm well aware of its project pipeline and profitability over the past few years; it doesn't justify this valuation.
Qi Yuan didn't ask why.
Over the years since Lieyang Investment was established, every judgment made by Fu Yibai has ultimately been validated by the market.
"How do I get it?"
"Sell in batches, take it slowly."
Fu Yibai tapped his fingers lightly on the table.
"Twenty million shares is not a small amount. Selling them all at once would cause panic and have a huge impact on the stock price."
Should we use the bulk trading channel?
"It can be used, but it should be distributed."
Find three or four brokerages to do it simultaneously, don't concentrate on one.
Also, if anyone asks, just say it's a routine adjustment to the portfolio, and don't offer any further explanation.
Qi Yuan scribbled rapidly in his notebook, only looking up after finishing the last line.
"Alright, go ahead and get busy."
Qi Yuan closed his notebook and stood up.
"I'll arrange the trading team as soon as I get back."
After Qi Yuan left, Fu Yibai sat alone in the office for a while.
Now that Yang Rong and Liu Yan are both pregnant, his family trust fund needs to be prepared.
Since he cannot give them the capital, he must provide them with a sufficiently solid guarantee.
Fu Yibai turned on his computer and pulled up the draft structure of the family trust.
He plans to set up an independent trust plan and put some of his assets into it.
This approach achieves asset segregation while ensuring the stability of their future lives, regardless of any unforeseen circumstances.
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