436 General Meeting of Shareholders(1)

Pudong?" Secretary Huang pondered for a while and said, "Mr. Xu, there is no supporting industry in Pudong. ”

"It doesn't matter" Xu Zhi nodded and said: "The electrical appliance factory is not a heavy industry, as long as the hydropower is perfect, other aspects are not a problem, this investment is very large, and we can prepare some supporting facilities ourselves."

And as far as I know, Pudong currently lives in a million people, the main economy is agriculture and light industry, there are few factories, a large number of people living in Pudong are actually working in Puxi, if I can build a factory in Pudong, it can also solve a large number of jobs on the spot, and it can also alleviate the employment pressure here in Puxi.

Secretary Huang, what do you think?"

Secretary Huang pondered for a moment and said: "In recent years, the center of the development of Shanghai has been in Puxi, and Pudong is indeed a lot of neglect of us. ”

Xu Zhi smiled with satisfaction: "Okay, in that case, after I return to Xiangjiang, I will immediately arrange follow-up cooperation matters." ”

Secretary Huang stood up and said with a smile: "Then Mr. Xu rest early, we won't bother, and Xiao Zhang will come to pick you up tomorrow morning to attend the opening ceremony of the Songpu Bridge." ”

"Okay, then Secretary Huang walks slowly. Xu Zhi stood up and smiled.

......

Early the next morning, Secretary Zhang drove in person, and Xu Zhi and his entourage followed him to the opening ceremony held in the Puxi section of the Songpu Bridge.

The bridge is bright red in color, and there are two floors of four lanes in both directions, with the upper deck reserved for cars and the lower deck reserved for pedestrians and bicycles.

With the current car share rate in Shanghai, it is still a little difficult to have a car jam, but the bicycle fleet often has a traffic jam when commuting.

In a few years, when the number of cars is too high, the lower level of the Matsuura Bridge can also be converted into a car passage, which can also ease future traffic congestion.

The opening ceremony was very simple, after several officials and a mayor took the stage to give speeches, Secretary Huang and Xu Zhi cut the red rope together, marking the official opening of the Songpu Bridge.

All the obstacles that had been placed before were removed, and the people who were blocked immediately rushed into the bridge to watch the bridge that could change the rhythm of life of Pudong people.

Xu Zhi and a group of people from the municipal party committee watched for a while, then returned to the hotel, and after having lunch together, many officials said goodbye and left, Xu Zhi went to Xinhua Road Pedestrian Street to watch the first pedestrian street belonging to an individual in human history.

At present, the main designer of this street is Xiangjiang people, when it was designed, in addition to taking into account the needs of mainland business, but also fully considering the needs of foreign businessmen and tourists in Shanghai, the first floor of the ground is normal shops, but above the second floor, there are many billiard rooms, bars, gyms, yoga clubs, restaurants for Western food, etc., the main purpose is to earn foreign exchange in the hands of foreigners. Or some Chinese who have foreign exchange coupons, whether it is Shanghai Stock Exchange or Evergrande Company, can get millions of dollars in foreign exchange coupons every month.

After staying in Shanghai for a few more days, Xu Zhi rushed back to Xiangjiang.

The time has entered November, the heat has passed, the weather in Xiangjiang has a hint of coolness, just returned to the company, Xu Zhi got an important news.

"The Keswick family is ready for a shareholder meeting?"

Wang Liming said: "Yes, half a month later, on the 20th, Simon Keswick held a general meeting of shareholders in the name of the major shareholder of Jardine Matheson. Invitations have been received by Jardine Matheson and Hongkong Land shareholders around the world. ”

"Worldwide?" Xu Zhi smiled: "With such a large invitation, it seems that the Keswick family is ready to make a move?"

The general meeting of shareholders is the highest authority of the company in the law, with the highest right to overthrow the board of directors and the current management, and even the popular AB share institutions of some Internet companies in later generations, even if the founder has 100% of the voting rights, but can also be vetoed by the general meeting of shareholders.

In traditional Chinese companies, most of the companies have been established for a short time, and the founders or major shareholders of the company have absolute controlling stake, even if the individual equity is insufficient, several major shareholders can control more than 50% of the equity if they are united.

In this case, the shareholders' meeting has no point in existing, but in Western countries, many companies have been in business for more than 100 years, and their shareholdings have long been dispersed. This is the case with Jardine and Land, the founder of the Keswick family only holds 10% of the equity of Jardine Matheson, in the 70s, the Jardine Group also only holds 5% of the equity of Hongkong Land, with this equity, in the era when Chinese capital did not rise, and British capital was still the boss of Xiangjiang, the Keswick family controlled the entire Jardine Matheson consortium.

With a very small amount of capital, the first consortium in Xiangjiang was controlled, and the Keswick family was extremely beautiful, but the risks also existed, and the new Bijian took advantage of this loophole to drive Henry Keswick back to London, and the current Keswick family wants to get back the controlling stake in Jardine Matheson, and the only way is to abolish the board of directors and management headed by New Bijian through the shareholders' meeting.

Wang Liming said: "It should be eight or nine ten, it is said that some time ago in the board of directors of Jardine, Simon Keswick and Niu Bijian had a very serious conflict, but although the Keswick family is the major shareholder, but the current board of directors is controlled by Niu Bijian, he has no choice, this time he held a shareholders' meeting in the name of the major shareholder, in fact, it is Sima Zhao's heart." ”

"How many shares do we hold in Hongkong Land and Jardine Matheson now?" Xu Zhi asked.

Wang Liming replied: "At present, Evergrande holds 26.3% of Hongkong Land's shares, and Jardine Matheson is 23%, some time ago, Jardine and Hongkong Land released 10% of each other's shares, and we almost grabbed 6% of the share, which is almost the limit of what can be acquired." ”

"This Niu Bijian still seems to have a lot of ideas. Xu Zhi said: "At the beginning, I asked him to release 15% of the shares of Jardine Land, so that we can get at least close to 30% of the shares, but he was only willing to release 10%, obviously because he didn't want me to get more shares." ”

"This old fox obviously wants us to balance the board of directors of Jardine with the Keswick family, so that he can better control the entire Jardine family. Wang Liming also understands the reasoning, Hong Kong's law stipulates that the board of directors is at least 5 seats, 16% is mandatory to have one seat, less than 32%, can not get a second seat, so Evergrande is difficult to form an independent and strong position on the board of directors of Hongkong Land and Jardine Matheson, and Niu Bijian can obviously use this to balance Evergrande and the Keswick family.

"Then you have to pass the shareholders' meeting first. Xu Zhi shook his head with a smile and said.

The shareholders' meeting is the key to everything.