Chapter 90: Press Conference
Although Wanan Group was a publicly listed company and Lin Wanan personally held over 50% of its shares, he would never pour all his private funds into the company.
After all, taking Wanan Group public was also a strategy to help himself earn more money.
In terms of financial management, Lin Wanan had always maintained a strict separation between company and personal finances, ensuring a clear boundary between corporate operations and private wealth.
The 12.6% stake in Qingzhou Cement represented 6.3 million shares.
At HK$4 per share, the total payment would be HK$25.2 million — an amount Lin Wanan could easily afford without difficulty.
Over the years, thanks to Wanan Group, he had accumulated significant personal wealth.
For example, both Huafeng Cement Factory and Wanfeng Fan Factory were ventures he had personally funded outside of Wanan Group's assets.
Thus, those two factories could later be given directly to his two sons.
Talking casually as they walked, they soon returned to the Chairman's office.
They had also brought along a legal advisor.
Meanwhile, the CFO and finance team that Lin Wanan had brought from Wanan Group were already busy sorting through Qingzhou Cement's accounting records.
Even if they weren't pursuing old issues, they still needed to get the current financials in order.
Entering the Chairman's office, they found Halier Centurion already waiting.
"Mr. Halier, let's proceed with the share transfer," Lin Haoran said with a smile.
"Of course. I'll wrap up my affairs here quickly.
I don't intend to stay in Hong Kong much longer," Halier Centurion replied without delay.
"Mr. Ho, please prepare the share transfer contract," Lin Wanan said to the head of his legal team.
"Yes, Chairman Lin," the lawyer replied.
Five minutes later, the contract was ready.
After both sides reviewed it carefully and found no issues, they each signed two copies.
"Mr. Halier, I'll transfer the payment to your account today.
It's been a pleasure doing business," Lin Wanan said, shaking hands with Halier Centurion.
Indeed, he had taken advantage of a golden opportunity — buying a major stake in Qingzhou Cement at a price well below market value.
And all thanks to his son's brilliant maneuvering.
The share transfer was complete.
"Mr. Halier, when do you plan to hold the press conference?" Lin Haoran asked.
There had been a seismic shift at Qingzhou Cement today — such a change required a formal press conference.
Though Qingzhou Cement wasn't one of Hong Kong's top enterprises, it was still a well-known listed company.
Any major news here would quickly make headlines.
"Let's hold the press conference at 2:00 p.m.
Have the PR department contact the major media outlets — no need to delay," Halier replied.
At this point, he simply wanted to get it over with.
Given how compact Hong Kong's downtown was, media reporters could arrive in minutes once notified.
2:00 p.m. would be perfect.
"Alright, see you at two, Mr. Halier," Lin Haoran smiled.
Having settled things with Halier, Lin Haoran went to the PR department himself, instructing them to immediately contact Hong Kong's mainstream media for the press conference announcement.
"Dad, I'll be heading off to make the transfer and then take care of some Wanan Group business.
Everything here at Qingzhou Cement is basically resolved.
The finance team from Wanan Group will stay to help you organize the accounts.
If you run into any trouble, just call me — I'll figure something out," Lin Wanan said.
"You're not staying for the press conference?" Lin Haoran asked.
Having just become Qingzhou Cement's second-largest shareholder, Lin Wanan had every right to attend.
"No need.
This is your achievement, Haoran.
I don't want others thinking I'm trying to steal my son's thunder.
These past few days, I've seen your performance — steady and capable, not at all like a fresh graduate.
You're more than ready to manage a listed company," Lin Wanan said, waving as he departed with the legal team.
Ever since his son had hidden his Qingzhou Cement ambitions, Lin Wanan knew Haoran had his own plans.
Thus, he had no intention of interfering.
He was even ready to hand over Wanan Group entirely to Lin Haoran — there was no need to compete for control here.
In the blink of an eye, it was 2:00 p.m.
At the staff training room on the 5th floor of Qingzhou Tower, the press conference was about to begin.
Normally used for employee training, the large room could easily accommodate hundreds of people.
Despite the crowd of reporters, camera crews, and microphones today, the space was more than sufficient.
The stage had already been set for the press event.
Behind the podium, large red bilingual banners in Chinese and English read: "Qingzhou Cement Company Press Conference."
At the main table sat three figures:
Former Chairman Halier Centurion, new Chairman Lin Haoran, and new General Manager Burton.
Inside the room, reporters from dozens of major Hong Kong media outlets had gathered.
These included TVB, Rediffusion Television, Oriental Daily, Ta Kung Pao, Hong Kong Economic Journal, Sing Tao Daily, and Hong Kong Commercial Daily, among others.
None of them yet knew exactly what had happened at Qingzhou Cement.
They only knew that something very big had occurred.
All around, there was a buzz of speculation.
Especially when they saw the young man seated at the center of the podium.
For a British-owned enterprise like Qingzhou Cement, press attention was always high.
Once they received the invitation, media companies rushed to send their reporters.
Everyone guessed that today's press conference must have something to do with this young man.
Lin Haoran had never yet made a public appearance in Hong Kong, so none of the journalists recognized him.
Right now, everyone was whispering and wondering — who was he?
A young Chinese man appearing at the center seat of a British firm's press event?
Such a scene naturally sparked wild speculation.
Even more curious, Halier Centurion — the familiar, long-standing Chairman — was seated to the left.
While the man on the right, some reporters recognized as Burton, Deputy General Manager of Qingzhou Cement.
Everyone held their breath, waiting for Qingzhou Cement to drop some earth-shattering announcement.
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