Chapter 467: General Meeting of Shareholders (Request for Recommendation)
On April 23rd, the general meeting of shareholders of Lei's jewelry.
On April 25, the general meeting of shareholders of Tangying ceramics.
On April 26, the general meeting of shareholders of Anping Logistics.
On April 27, the general meeting of shareholders of Guancheng furniture.
On April 28, the general meeting of shareholders of Peach Blossom Fairy Tea.
On April 29, the general meeting of shareholders of Peach Blossom Fairy Wine.
The schedule is very intensive, and the annual reports of listed companies must be published by May 1.
Li Dongwen decided to personally participate in the shareholders' meeting of Peach Blossom Fairy Tea and Peach Blossom Fairy Wine, and several other shareholders' meetings could only be attended by delegates.
There are many listed companies, and it is also a trouble, and there is no time to attend the shareholders' meeting.
The shareholders' meeting of various listed companies, in order to have a decent meeting, will try their best to attract more shareholders to participate and increase popularity, especially this kind of annual shareholders' meeting, which is different from the extraordinary shareholders' meeting.
In terms of attracting popularity, various listed companies can be described as full of tricks, including reimbursement of round-trip travel expenses, accommodation and souvenirs......
The shareholders' meeting of Peach Blossom Fairy Tea is to send souvenirs: each shareholder attending the meeting will send 6 cans of commemorative Peach Blossom Fairy Tea. This is not a small amount, and the retail price of this year's Peach Blossom Fairy Tea has been raised to 399 yuan per can.
More than 2,000 shareholders attended this year's meeting, most of them were small scatters, and of course there were some fund managers and investment companies. The purpose of their visit, that is, to find out the news, and as for the vote on the agenda of the conference, the little stake they represent can be said to have no effect.
Nearly 80% of the shares of Peach Blossom Fairy Tea are controlled by Li Dongwen, and it can be said in a word that the 20% shares issued by the public cannot influence any meeting resolution. Therefore, the contents of the meeting of Peach Blossom Fairy Tea were successfully passed without any suspense.
At the meeting, Chairman Li Dongwen delivered an enthusiastic speech.
"In the past year, the Peach Blossom Fairy Tea Company has developed steadily, healthily and benignly, and various data have grown steadily...... Our sales performance reached 32 billion yuan, and our net profit reached 16 billion yuan......"
"The company's dividend plan, everyone has also seen, take out half of the profit for cash dividends, dividends of 8 billion...... I remember that when the company went public and raised funds that year, it raised 20 billion yuan, which is not a small amount, and we are also under a lot of pressure...... At that time, we set a goal to strive for, and strive to achieve an annual dividend of 20 billion, and live up to everyone's original investment ......"
"The company's goal this year is to exceed 40 billion in sales and 20 billion in profits, and this time next year, we will share more money with everyone......
The day of the shareholders' meeting was Thursday, the company's shares were suspended for a day, and in the evening of the same day, the annual report of the Peach Blossom Tea Company was announced. In the morning of the next day, the stock of Peach Blossom Fairy Tea soon came to the price limit, breaking through the 70 yuan mark in one fell swoop and reaching 72 yuan.
Li Dongwen did not pay attention to the trend of Peach Blossom Fairy Tea, he was attending the shareholders' meeting of Peach Blossom Fairy Wine.
The top 10 shareholders of Peach Blossom Fairy Liquor are all "their own people", and at least they bought tens of thousands of shares on the day of listing in order to "support the market", and Li Xianqiong bought the most, with 500,000 hands.
Xie Anping, Qiao Shan, Tang Zhihua, Lei Ruiqiong, Zhao Canguang and others also bought a lot, and they all came to attend the shareholders' meeting today.
"Boss Li, your shareholders' meeting is too picky, each person is limited to one case of wine, it's not for free, you have to pay money, I want to vote against it......"
"Miss Lei, you are also the majority shareholder of the company, you must start from the interests of the company, think about the interests of the company, and in addition, oppose invalid ......"
"Aren't you afraid that I'll call on everyone to vote against it?"
"Still the opposition is invalid, I control the ......"
There are only 10% of the outstanding shares of Peach Blossom Fairy Liquor, and 90% of the shares are in the lock-up period and have not yet been lifted, and the vast majority of the shares in the lock-up period are in the hands of Li Dongwen, who is the absolute controlling shareholder, with a veto and a vote to pass.
At the general meeting of shareholders, the voting of various matters is just a form and process, and everyone comes to the shareholders' meeting to have a lively time and listen to any new trends.
At the shareholders' meeting, Li Dongwen began his impromptu speech again.
"The production and sales volume of the liquor company last year was close to 20,000 tons, the sales reached 36 billion, and the net profit exceeded 20 billion...... Selling wine is really profitable, and the company not only makes money from our Chinese people, but also makes money from all over the world. Our Peach Blossom Fairy Wine has been exported to more than 50 countries around the world, and the world's drunkards are our good friends......"
"If you make money, of course you have to divide the money. This year's dividend ratio is 50%, and the company has taken out 100 billion yuan to distribute dividends to everyone. The board of directors has already met and agreed to continue to expand production capacity and expand another 10,000-ton winemaking cellar and supporting facilities for two years......
"Will the expansion of production capacity affect the price of wine? You don't have to worry about this, this is the last time the company has expanded its production capacity during my tenure as chairman. There will always be a day when the chairman will be replaced, and I don't care how the next chairman decides......"
"If we don't expand our production capacity, how can we make more money? I have thought of a simple way, increase the price! For those drunkards who drink our wine, we must not be soft, shareholders, this is our business secret, please put the interests of the company first, pay attention to confidentiality, do not spread the ...... casually"
"For the quality of the product, we only believe in one point, consumers are not all fools, whether the wine is good or not, they will still have the basic judgment ability, of course, it is really a fool, we are also afraid, he is already stupid, what are we worried about, the knife is sharpened quickly......"
"We are not afraid of high and low, and we are not afraid of high places and cold, and the infinite scenery is in the dangerous peak. We are now the first, the first high-priced wine, the first high-priced stock, all of which are our Peach Blossom Fairy wine, and we must keep it all the time......"
"Is the price of Peach Blossom Fairy wine expensive? This question may be a matter of opinion. Now my two mainstream products, priced at 1299 and 1499 respectively, which are the retail prices of specialty stores, I think are acceptable, even though most people can't afford to spend ......"
"Why do you say that, because of our positioning, Peach Blossom Fairy Wine is not a mass consumer product, it is a luxury, and it is a ...... to meet the high-end consumption needs of a small number of people."
"Women, willing to spend thousands of yuan to buy a bag, men willing to spend hundreds of thousands of millions to buy a watch, will also feel expensive, but they will still buy it, we don't have to worry about no one wants ...... peach blossom fairy wine"
"The price is not static, but relatively stable in a relative period of time. For example, the value of labor, we bought this distillery seven years ago, when the salary of employees was less than 200 yuan per month, seven years have passed, and now the minimum employee salary has risen to 2,000 yuan per month, a tenfold difference, which is also inflation......"