Chapter 337: I Want You to Choose One of the Two
What's going on? Are they all crazy?
Tang Anwood and Tang Jingming looked at each other, not understanding what kind of medicine Zhou Ming was selling in their gourd, although they all hoped that it was true, but when Zhou Ming really took out the documents, they were stunned again.
The other shareholders at the scene all exclaimed: "Mr. Zhou Ming can't sell it! They bought shares not to make the Tangren Bank develop better, but to split the bank, you don't know what they were doing at the recent shareholders' meeting, they are all quarreling, they are going to divide the Tangren Bank into two, as you guessed, they just want to take the wealth of the Tangren Bank for themselves!"
Others apologized: "Patriarch Guild Leader, I know that we didn't choose to support you and believe in you in the past, this is all a stupid mistake we made, we apologize to you, we promise that we will not do it in the future, we understand after this incident, you are the pillar of the Tang family of the Tang Bank, and if you lose it, the earth will not turn!"
Facing the turbulent voices at the scene, Zhou Ming motioned for them to be quiet and said: "In fact, in the current situation, these shares are no longer useful, and they are the same in our hands as if they were sold to them, because today we are here on behalf of Jinghui Private Bank and Tangyin Institutional Asset Management Company." ”
As Zhou Ming said this, the huge venue suddenly fell silent, and everyone looked at Zhou Ming in a daze, as if the whole world suddenly lost its voice.
Everyone looked at Zhou Ming with question marks in their heads, it was not that they didn't know about the two companies Jinghui Private Bank and Tangyin Institutional Asset Management Company, on the contrary, as shareholders of Tangren Bank, they were very familiar with the names of these two companies, because Tangren Bank, as the second largest bank in the United States, was not just a bank company, but a super banking group composed of several major financial companies, and these two companies were the most important components of them.
This kind of financial group is very common all over the world, since the beginning of the antitrust law that was implemented a hundred years ago, various giant companies have adopted the parent-subsidiary model of the combination group in order to avoid being investigated by the antitrust. To put it simply, it is the splitting of a well-run mega-company into several or more subsidiaries, each with its own distinct business.
In this way, these subsidiaries may still be nominally part of the parent company, but in fact they belong to two relatively independent economies, with their own independent legal persons and investors, and even have overlapping business scopes, which can largely get rid of their monopoly suspicions.
Like the world-renowned Citibank, it is a financial group composed of ten large financial companies such as retail banking, pension insurance, Meibang and life insurance.
In Tang Bank, Jinghui Private Bank and Tang Bank Institutional Asset Management Company carry more than 50% of Tang Bank's business, manage more than 64% of its assets, and create more than 45% of Tang Bank's profits.
Judging from this data alone, it is actually easy to understand the importance of these two companies to China's bank, as for the fact, because these two companies are facing super customers with personal assets of more than one million dollars and group assets of more than one million dollars, and Tangren Bank itself is only facing ordinary individual customers, from this point of view, the invisible significance of these two companies is the most important.
After all, ordinary people deposit one or two million dollars in the bank, and the bank needs to gather a lot to be useful, but for large customers, it is often millions of financial services, even people who don't understand finance at all can understand who is the most important source of profit and capital guarantee for the bank.
But what does you mean when Zhou Ming said that you are here on behalf of Jinghui Private Bank and Tangyin Institutional Asset Management Company?
In the face of everyone's questions, Zhou Ming then took out another document and said: "This is the letter of appointment of Jinghui Private Bank and Tangyin Institutional Asset Management Company, Jinghui Private Bank has appointed Tang Ran as the chairman, and Tangyin Institutional Asset Management Company has also appointed Tang Jingsheng as the chairman, so I said that I came here on behalf of these two companies." ”
Zhou Ming's words were like thunder in the flatland, which made the scene suddenly in an unbelievable uproar, and Wood Tang An and Tang Jingming on the stage were also shocked by this news, they looked at Zhou Ming in disbelief, and muttered repeatedly: "Impossible, how can this be? Why don't we have any news about the high-level changes of Jinghui Private Bank and Tangyin Institutional Asset Management Company?"
Indeed, generally speaking, due to the controlling position of the parent company in the subsidiary, it is impossible to hide such a major event as the removal of the chairman of the board of directors of the subsidiary in general; but there is no absolute, and it is not impossible for a subsidiary to hide it if it is really determined to conceal it, not to mention that there is still a power struggle between Tang An and Tang Jingming within the parent company, and there is no heart to pay attention to the affairs of the following subsidiaries.
"Actually, there is nothing impossible, because we didn't buy the shares of Jinghui Private Bank and Tangyin Institutional Asset Management Company directly, but bought them through a third party and other holding companies, and this kind of transaction will not go through the parent company, you will not know. And in the end, we voted in a situation where we already had an absolute controlling stake, so the vote went very smoothly, and you are unlikely to know. ”
Zhou Ming continued: "Of course, I would like to thank you for this, because if you hadn't generously given us 360 billion assets, we probably wouldn't have been able to grasp the absolute controlling stake of these two companies so easily." ”
With Zhou Ming's words, all the conspiracies finally surfaced, it turned out that Tang Ran and Tang Jingsheng and Tang Huiyin wanted to sell the shares of Tang Bank in their hands in order to raise funds to buy Jinghui Private Bank and Tang Bank Institutional Asset Management Company.
Since Jinghui Private Bank and Tangyin Institutional Asset Management Company are only part of Tangren Bank, although Tang Ran and Tang Jingsheng only sold two-thirds of their shares, they can still easily get the absolute controlling stake in these two companies. After gaining a controlling stake, they can turn around with Chinabank.
This is the textbook-like Ming Xiu plank road darkness Chen Cang!
Tang An and Tang Jingming, who reacted, condescendingly scolded Zhou Ming: "You bastard, despicable and shameless villain! Don't you have other skills? Do you only know how to play these little tricks behind your back?"
They also diverted the attention of the others: "Look! They are the bastards who really want to split the Tang Bank! They are relying on the Jinghui Private Bank and the Tang Bank Institutional Asset Management Company that they control, and they only came here today to force the palace, and their purpose is to separate from the Tang Bank, and they also use the most shameful method to transfer all their assets to themselves!"
Tang Jingming also said: "That's right, now that we have been deceived by them, the next thing he wants to deceive is all of you!"
Zhou Ming raised his hand at this time, pointed at Tang An and Tang Jingming and said, "Shut up for me!"
Zhou Ming's words seemed to have an irresistible force, and with his words, Tang An and Tang Jingming didn't dare to speak anymore, Zhou Ming continued: "We are indeed here to force the palace today, but it is not to force everyone's palace, but to force your palace, to put it simply, Uncle Tang and Aunt Tang Ran are very dissatisfied with your fingers in the Tang Bank, and hope to deprive you of your power......"
"But our power is given by the shares we hold, and you have no right to deprive it!" Tang An hurriedly interrupted Zhou Ming and said.
Zhou Ming nodded and said, "That's right, so on the premise that you don't take the initiative to give up, we have to change the way." ”
"You all want the shares of Tangren Bank, we can give it to you, and even let you get an absolute controlling stake, but this is not necessary, because the market value and appeal of Tangren Bank come from its subsidiaries, especially Jinghui Private Bank and Tangyin Institutional Asset Management Company, once these two companies are lost, not to mention that Tangren Bank has become an empty shell, but at least the strength will be discounted. ”
Zhou Ming looked up at Tang An and Tang Jingming on the stage and finally asked: "So now I give you two choices, one is that you continue to quarrel here over the actual control of Tang Bank, and then we will take Jinghui Private Bank and Tang Bank Institutional Asset Management Company to withdraw from the group." ”
As soon as the words fell, Tang Jingming on the stage hurriedly replied: "This is impossible, Tang Bank has no investment value after losing these two companies!"
Then it seems that it can only be the second option. Zhou Ming said, "If you give up actual control of Tangren Bank, you can still keep your shares, and then pay dividends according to the earnings of each quarter, what do you think?"
Faced with this question, Tang An snorted coldly and stood up and asked: "It's nice to say, it's two choices, but in fact, we don't have to choose at all, right?"
Zhou Ming smiled at this: "You can't say that, because from our standpoint, we don't want to see the split of the Tang Bank, so it's better for everyone to make money together." ”
On stage, Tang An and Tang Jingming listened to Zhou Ming's words, they were all trembling with anger, and their eyes were breathing fire when they looked at Zhou Ming, with an expression of hatred to cut Zhou Ming with a thousand knives. Because in their opinion, what they don't want to see the Tang Bank split, what everyone makes money together, these words are simply an insult to their IQ!
If you don't want the Tangren Bank to split, then what two choices do you say? Isn't your first choice to withdraw from the Chinabank group a kind of splitting? And make money together, why should the parent company give up power and only let the subsidiary make decisions? Isn't this putting the cart before the horse?
Tang An and Tang Jingming both roared loudly in their hearts, but they could only roar a few words in their hearts, because as Tang An said just now, now that Zhou Ming is holding Jinghui Private Bank and Tangyin Institutional Asset Management Company, they have no choice at all.
You must know that once the two companies withdraw at the same time, the market value of the entire Tangren Bank will shrink by half in an instant, which is unacceptable to them no matter what, not to mention that all the big customers are also responsible for these two companies, once they leave, the impact on the stock market, the impact on all depositors, these chain reactions can make the remaining shell groups bankrupt instantly.
However, the most annoying thing about this is that Zhou Ming and they were able to complete the acquisition of Jinghui Private Bank and Tangyin Institutional Asset Management Company, and they still paid for it, how could this not make them so angry that they were going crazy and vomiting blood?
Offstage, Zhou Ming didn't care whether they were going crazy or vomiting blood, Zhou Ming just looked up and asked, "How is it?"
Tang An and Tang Jingming looked at each other and finally lowered their heads, and Wood said to Zhou Ming: "We have decided, let's choose the second option, we give up the actual control of Tang Bank Group, and only take the dividends of the shares." ”
Zhou Ming gave a thumbs up: "This is definitely a wise choice!"