August 25th, 2018, Jinling International Airport.
"Travelers heading to Shen City, please hurry to window 52 to board!”A broadcast suddenly sounded in the hall.
"Boss, we're ready to board the plane!”
Mo Xinya reminded Lin Feng softly.
"Yes!"
At this moment, Lin Feng pulled his attention back from the documents in his hands and slowly walked to the boarding gate.
In the 21st century, airplanes had become an indispensable part of people's daily lives. The traffic at the airport was very large, no less than that of high-speed rail and trains.
Other than the VIP cabin, the business class and the economy class were basically full.
Of course, Lin Feng didn't buy a coach ticket just to experience the people.
Mo Xinya had already arranged everything for the trip. A rich man like him who had more than ten billion in savings had long been registered with the Industrial and Commercial Bank of China.
As one of the top five banks in the country, the Industrial and Commercial Bank of China had close cooperation with the airport. Correspondingly, these rich people would also be promoted to the distinguished customers of the airline and enter and exit through the VIP channel.
The stewardess was quite pretty. She was over 1.7 meters tall and wore a blue and white porcelain cheongsam. She was gentle and graceful, very much in line with the classical beauty of China.
A few minutes later, Lin Feng sat in the VIP cabin, deep in thought. He didn't care about the people passing by.
In fact, the main purpose of his trip to Shen City this time was for the mobile phone design proposal in his hand.
If a good cell phone wanted to create value, not only did it have to be designed outstandingly, but more importantly, it had to be produced.
Originally, he had also considered whether he should build a mobile phone company on the ground. However, after thinking about it carefully, this was a little too difficult and did not conform to his current interests.
Therefore, acquiring a mature cell phone company became the first choice.
On this point, Lin Feng had selected dozens of cell phone manufacturers in the country, large and small, and finally chose a cell phone brand company that was once brilliant, which was Jin Li.
As the only well-known trademark in China's mobile phone industry in the early days, Jinli had been the top seller in China for three years from 2006 to 2008. It was the number one domestic mobile phone brand.
Until 2013, according to the Isis market research, Jinli ranked 11th in the world, and there were more than 110 million Jinli mobile phone users worldwide.
It could not be said that it was not glorious.
It was also in 2013 that the era of 4G network arrived. Due to poor management, Jin Li fell into a state of loss and continued to have negative cash flow.
At the end of 2017, Jin Li's capital chain broke and its assets were frozen.
In January of the following year, the first branch of the Bank of South Guangdong applied for the freezing of the bank deposits, equity, real estate, land and other assets of Jinli and all its companies.
On May 8, Huaxing's Guangzhou Branch applied for bankruptcy and settlement with Shencheng Intermediate People's Court on the grounds that Jinli could not pay off its due debts, officially pushing Jinli to the stage of bankruptcy and settlement.
This was also the main reason why Lin Feng chose it.
Because at this moment, Jin Li's debt was more than 200 million yuan. If they couldn't repay the debt, Jin Li would be completely cleared. At that time, this former number one domestic mobile phone brand would disappear.
"Boss, I just got news from Shen Cheng. Jin Li's CEO, Liu Lirong, went to Saipan to gamble and lost 700 million USD. Now, his 41.4% shares of Jin Li have been frozen by the court.”
Mo Xinya suddenly said to Lin Feng.
"Oh? This is interesting."
After hearing that, a playful smile appeared on Lin Feng's face.""Xinya, how many shares do we have now?”
Although Jinli was not a listed company, its share structure was not concentrated. In addition to the shares held by the founders, there were also some investment institutions that held shares.
"Boss, we currently hold 40% of Jin Li's shares and spent nearly 2 billion. The remaining shares are in the hands of Jin Li's chairman, Liu Lirong, vice presidents, Yu Lei, Deng Li, and others.”
"Continue the acquisition. Let's see if the founders of Jin Li are willing to sell their shares. As long as the price is acceptable, we'll accept them all.”
Lin Feng waved his hand and said in high spirits.
No matter what, Jinli was a company worth hundreds of billions. It owned 11 wholly-owned enterprises, including Jinli Technology, Guancheng Jinming, Guancheng Jinzhong, Guancheng Jinshang, Yanjing Jinli, and Gangcheng Jinli.
Moreover, he also controlled a lot of shares in Weizhong Bank and Shencheng Real Estate.
If it wasn't for Chairman Liu Lirong's snake-like movements, they might have been able to last for decades.
To be able to use a mere 2 billion to buy 40% of Gold Power's shares was already considered to have picked up a drop.
"Yes, sir!"
Mo Xinya immediately made a call to inform Feng Teng Investment Group to continue purchasing Jin Li's shares.
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