The first general meeting of shareholders of Zelianke was held at the Shangri-La Hotel, Jianwu City. Pen "Fun" Pavilion www.biquge.info

Yahoo's representative is a foreigner named Jones; Sina's representative is at a very high level, Mr. Bai, the executive president of the Mobile Internet Community Business Division; and SoftBank is a Japanese man named Kusumoto.

And CICC, not surprisingly, is Qin Qin, who has had several faces.

The representative of the management of the blog China is Zhao Zejun, the chairman of the board.

In addition, the storm of the economic and financial crisis has blown all over the world, everyone is in danger, and the atmosphere is tense.

Although they are all shareholders of the blog China, they each have their own interests, and before the meeting was held, several parties had already contacted Zhao Zejun privately, showing different styles of communication.

Jones invited Zhao Zejun to a bar for a drink and chatted with women; Nan Ben personally visited the door and conveyed Mr. Sun Zhengyi's greetings to Zhao Zejun; Sina's Bai Zong did not show up, and Qin Qin asked Zhao Zejun very straight to the point what the theme of this meeting was.

Zhao Zejun's mouth was as if it was locked, and he couldn't ask a word.

As a result, everyone's curiosity was extended to the day of the shareholders' meeting.

"Everyone is welcome to come and attend. ”

Zhao Zejun said a very simple opening sentence with a smile, his eyes swept over everyone, and he said straight to the point: "The theme of today's meeting is to discuss the preparations for the listing of blogs in China. ”

After speaking, there was a brief silence in the audience, and several shareholder representatives obviously flashed stunned expressions on their faces, you look at me, I look at you, and finally all eyes focused on Zhao Zejun.

"Mr. Zhao, do you mean that Blog China is no longer raising funds, and from now on, preparing to go public?" asked Jones, the second largest shareholder of Yahoo, a representative of Yahoo.

His Chinese language skills are very good, and the pronunciation of the word 'now' is obviously accentuated.

Zhao Zejun didn't seem to understand the meaning of his words at all, smiled and nodded, and said to himself:

"Since its establishment, Blog China has experienced the initial stage and growth stage, and has now occupied more than 95% of the blog market, becoming the largest web 2.0 discussion forum in Chinese mainland, with stable profitability. Judging from the relevant laws and regulations of China's securities market, the conditions and requirements for listing have been met. ”

As he spoke, he clicked on the document in front of him, and everyone present also had an identical document in front of him, and said with a smile: "The specific situation and listing requirements of Blog China are all in the document." You can see for yourself. Personally, I believe that there is no need for further financing, and in order to protect the maximum rights and interests of shareholders, there is no need for follow-up financing, and it is possible to prepare for listing from now on. ”

"I disagree!"

Qin Qin's style is very direct, friendship is friendship, business is business, not to mention that she and Zhao Zejun actually don't have a too deep friendship, and she was the first to speak out against it.

In addition to Zhao Zejun, the largest shareholder, SoftBank's representative Kusumoto also spoke: "Mr. Zhao, I agree with Miss Zhongjin Qin's opinion that it is not a suitable time to go public. Affected by the global financial turmoil, the world's stock markets are in a downturn, no matter in any country, the issue price is bound to be very low, even less than the valuation of blog China in the first round of financing, and then there is a possibility of further falling below the issue price. For the rights and interests of shareholders, it is not very well protected, on the contrary, with all due respect, it is harmful to both you personally and the shareholders here. ”

Little Japan is very serious, and crackles and says a lot.

Zhao Zejun's brows furrowed obviously, and he seemed to be a little displeased, and looked at the other two representatives.

Mr. Bai coughed and said nonsense, "For blogs, Mr. Zhao is a well-deserved expert." ”

Then he looked at Jones with a smile, "Mr. Jones, what is Yahoo's attitude? Yahoo and SoftBank are both major shareholders of Blog China, and I want to hear your opinions." ”

Jones shrugged his shoulders and asked Zhao Zejun instead, "Mr. Zhao, where are you going to go public?"

"Chinese mainland. Zhao Zejun said of course: "The blog is very well-known overseas. ”

"Then I don't understand. Jones spread his hands and said, "Chinese mainland has suspended its IPO, in this case, how can we talk about listing?"

This sentence also represents the doubts of other shareholders, and they looked at Zhao Zejun puzzled.

"The suspension of the IPO means that no new shares will be issued, but it does not mean that we cannot prepare for listing. ”

Zhao Zejun said very easily: "There is at least half a year between the preparation for listing and the IPO issuance, and it is not surprising that one year is not surprising, the stock market needs to be continuously injected with living water, and it is impossible to permanently suspend the IPO, or even suspend it for a long time." Based on the experience of previous cases, the IPO will be restarted in a year at best. We can prepare first, and then enter the IPO waiting sequence, maybe the IPO has been restarted before the preparation is completed. ”

"Even so, it can't change the reality of the market downturn. ”

Qin Qin said: "No one can judge how long this economic and financial crisis will continue and how serious it will be. Maybe a year, maybe two years, maybe longer. Before the situation is clear, rushing to prepare for listing is a lot of uncertainty and too risky. Mr. Zhao, since you have studied the previous stock market IPO suspension, you must also know that after the resumption of IPOs, even if the market environment is very good at that time, the stock market will continue to plummet for a period of time without exception. ”

Qin Qin has no confidence in the future financial market, and the same is true for everyone present.

The collapse of Lehman Brothers, like a bombshell, has severely destroyed the confidence of the financial markets.

What does Lehman do and what does venture capital do? One of their core abilities is to analyze the market and grasp the market.

Or, who would dare to say that their grasp of the market is necessarily accurate?

At this time, either there is a complete certainty and speculation, and if there is no complete certainty, 'not moving' is the best policy.

The scene was a little embarrassing, Zhao Zejun, the largest shareholder, had already obtained authorization to not invite shareholder representatives to attend the meeting, and the first major proposal he put forward when he invited shareholder representatives was rejected by all shareholders.

Since entering the business world, Zhao Zejun has had a smooth journey, but at this time, he was slapped by his own people, and his face seemed to be a little ugly.

Mr. Bai, the representative of Sina, who had not spoken much, coughed and said softly: "Everyone, I believe that Mr. Zhao should know better than us that the listing will face all kinds of disadvantages at this time." Mr. Zhao, do you have any other ideas for preparing for listing at this time?"

Zhao Zejun glanced at Mr. Bai deeply and was silent.

His expression made people believe even more, as Mr. Bai said, Zhao Zejun had deeper considerations.

It would be inconceivable that the Zezi system could come to this point, if it couldn't even see the obvious risks just now.

"Mr. Zhao, all of you here are a community of interests in the blog China project, and in Chinese terms, they are your own people. If you have one to say, please say it directly. Kusumoto speaks in very standard Chinese.

"Mr. Zhao, we all came with sincerity. Qin Qin said slowly: "Since you have given up the right to delegate votes, please come here, you must also want to hear our opinions, right?"

"......Huh" Zhao Zejun showed a helpless smile, took a breath, and said, "Of course, I have my own ideas." ”

The others were silent, looking at him, waiting for what he would say.

"Everyone, you should know something about the recent mainland stock market. Zhao Zejun paused and said with a smile: "Let me say it directly, do you have an understanding of the stock price of Zeyue Chinese Network?"

"Of course, Zeyue's results are shocking, bringing unexpectedly huge returns to shareholders, we believe that you are a capable leader, and Zeyue is also a promising company, but Zeyue is different from Blogging China......"

"Mr. Kusumoto, please listen to me. Zhao Zejun interrupted him.

"I'm sorry. Kusumoto closed his mouth and nodded slightly.

"What is the most important thing in the stock market? Is it the performance of a company? Of course, this is an important reason, but it is not the main reason. ”

Zhao Zejun waved his hand and said categorically: "What determines the stock market is confidence! Why can the stock price of some companies exceed several times or dozens of times the net assets, and why can the stock price soar even though the performance of some companies is in a mess? In addition to capital operation, what is more is the confidence of shareholders in this stock!"

Zhao Zejun picked out a piece of paper from the document, hung it in front of everyone, pointed to the curve above, and said: "Zeyue's achievements in the financial turmoil are the confidence of shareholders. Zeyue's market capitalization far exceeds its own value, which is also the confidence of shareholders. And a large part of these confidences are not for Zeyue, but for me Zhao Zejun, Zeyue's parent company Zelianke and its subordinate blog China, and even the overall confidence in Zezi. I think you should admit that. ”

Several people were silent for a moment and nodded slightly.

Zeyue's strong performance in the economic and financial crisis has in turn further strengthened the confidence of shareholders in Zezi enterprises. If the blog goes public smoothly at this time, or prepares to go public, and waits for the IPO to restart, it can obviously take advantage of the situation to the greatest extent. ”

After Zhao Zejun finished speaking, he seemed to be a little thirsty, picked up the mineral water and drank a few sips, and then continued to say in a more high-profile tone: "Everyone, the stock market is sluggish, a large number of shareholders are trapped, forced to cut their flesh, and blood is flowing like a river.

Zeyue's stock price is already very high, and the investment risk is high, and if the blog can be listed, it will immediately attract a large number of retail funds.

Therefore, I think that the current financial crisis is a rare opportunity for blogs to go public. Even if we have to wait, we should prepare for the listing and publicity in advance, and immediately rush into the stock market and ...... as soon as the IPO is restarted."

Zhao Zejun didn't say the latter words, but his palm was heavily cross-cut.

Ruthlessly, cut a wave of leeks.