Chapter 243: The shark repellent fails, and the parachute lifts off
Poor people must have something to hate, this is Yan Xiaoyi's evaluation of Yuan Zhen.
In these years, there are more selfish, hypocritical, ruthless and unrighteous people, Second Brother Yan is not interested in taking care of it, and he can't manage it, but how dare you hurt Sun Xiaoqing and bully the woman that my brother likes, who will my brother pit you?
As for whether the bastard can wash away his grievances, Yan Xiaoyi doesn't care at all. Nima likes to pretend to be pure, so Brother will congratulate you on marrying a black fungus lady, and will never tell you that the membrane was repaired in the country of sticks; Nima has a good face, and my brother will trample you to the ground and lose face, which is the way of Subei Murong to return the other body......
The only thing Yan Xiaoyi cares about is whether Sun Xiaoqing cares about this matter. This sounds a bit awkward, in other words, he wants to test whether the shadow in Sun Xiaoqing's heart has been eliminated by him.
The results are often satisfying. Xiaoqing's attention was completely focused on the interrogation, condemnation and punishment of his Yan, ignoring the tragic experience of her predecessor. Yan Xiaoyi believes that this is the normal attitude towards your predecessor: if you are well, it will be a bolt from the blue; Knowing that you're not doing well, I'm relieved......
In any case, Sun Xiaoqing is still a kind and good mushroom, so her punishment for Yan Xiaoyi is the same: "Su Hang is collecting charity auction items, you have all the antique treasures to hand over, you want to come innocent!" ”
"Obey the organization and ensure that the task is completed!"
"Also, aren't you going to give me two flowers? Go to a charity auction and spend whatever you want! ”
"All right!" Yan Xiaoyi was rich and capricious, patted her chest and said, "Who is Su Hang, that's our brother and sister!" It's not easy to fund things, it's our own business......"
"We?!"
As soon as Yan Xiaoyi made a mistake, Sun Xiaoqing turned her face. She only promised to give him the opportunity to pursue, but did not mean that she accepted his pursuit, and directly raised the high-heeled artifact and kicked it.
"Can you still make some sense?"
Second Brother Yan can do it to Yuanzhen, but he can't do it to Sun Erniang, and he shouted while fleeing: "Xiao San'er is your brother, right?" It's not false that I'm a sworn brother, right? Su Hang is a couple with him, aren't they our brothers and sisters, you think too much, dear! ”
……
The brothers are of the same heart and do not have the same fate, when Yunkai and Yan Xiaoyi were busy saving the goddess of distress, Jin Yutang was attending the extraordinary shareholders' meeting, which shows that the life of the rich second generation is not easy.
In the large conference room of the headquarters of Gemdale Group, dozens of shareholders and authorized representatives of Gemdale Co., Ltd., as well as a group of directors, supervisors and senior executives, sat together, and a strange atmosphere was permeated in the venue. Looking at the mask-like faces, the pure Sao Nian understood for the first time that the gods and horses are warm and cold in the world, and the world is hot and cold.
According to the relevant laws, the extraordinary general meeting of shareholders must be given 15 days' notice, so it was delayed until today. And in this short half a month, the Xia family took advantage of the victory and once again invested tens of billions of funds, successfully smashing the share price of Gemdale to less than 50% of the original!
For the Jin family, the assets of listed companies have accounted for most of their total assets. In order to obtain funds to confront the Xia family, in addition to calling on the liquidity of non-listed companies, the only way to do this is to sell the shares of listed companies -- of course, this is impossible, the stock price has been cut in half, and selling the shares means disarming and surrendering, and completely out of the game.
Not only did they have to convince other shareholders to fight the shark invasion together. He Chaogui is an old man who has been on the battlefield for a long time, and has long anticipated today's situation, so he formulated the "shark repellent" proposal in advance, which was quickly approved by the board of directors and submitted to the general meeting of shareholders for consideration, which is the reason for the convening of the extraordinary general meeting of shareholders.
One of the proposals submitted by He Chaogui to the general meeting of shareholders is as follows: "The board of directors proposes to add the following clause to the articles of association: each director shall be appointed for a term of three years, and before the expiration of the term of office, the general meeting of shareholders shall not remove him from office without cause." At the same time, no more than 1/3 of the directors can be re-elected at each general meeting of shareholders ......"
This is the global "shark repellent", a staggered election clause against hostile takeovers. If this clause is passed, even if the Xia family's hostile takeover is successful, it will theoretically take at least two or more director re-elections, that is, six years later, to gain control of the board of directors.
The war between the Jin family and the Xia family has evolved from a covert equity acquisition to a confrontation of voting rights at a shareholders' meeting - each vote in favor or against means two completely different positions.
According to the provisions of the Company Law and the Articles of Association, such special proposals are voted on by secret ballot, and more than two-thirds of the votes in favor can be passed. The current situation is that the Jin family holds more than 40% of the shares, the Xia family has made crazy acquisitions of nearly 30% in the stock market, the company's internal employees hold about 10%, and more than 10% are in the hands of other large institutions, and the rest of the retail investors have not attended the shareholders' meeting.
According to He Chaogui's pre-meeting analysis, more than half of the shares held by the Jin family and internal employees, coupled with the impact of the absence of retail investors, the actual voting rights have exceeded 60%.
In the process of counting the votes at the notary office, He Chaogui's face became more and more pale, and finally his face became full of iron, and he was as angry as a volcano about to erupt.
Because, the yes vote is not even fifty and a half!
This unexpected result exposed a cruel truth: there was a problem within the Gemdale Group. When the foreign enemy invaded, someone chose to take refuge in the Xia family and turned against him!
The shark repellent proposal was invalid, and the shareholders' meeting broke up unhappily.
He Chaogui didn't even bother to send the guests, only Jin Yutang had a polite smile on his face, and sent the shareholders away one by one. No matter what role he plays secretly, on the surface, these shareholders are satisfied with his situation.
After seeing off the guests, several senior executives of the Jin family held a closed-door meeting. He Chaogui slammed the table: "It's so hateful!" Jin Zhongming is not dead yet, these people run to hug other people's thighs, and they still want to be shameless?! ”
"Uncle He, don't be angry." Jin Yutang was quite calm, comforting He Chaogui and saying: "Water flows to a low place, and people go to a high place, this is human nature, and it is understandable." Now that the Jin family is about to fall, you can't drag everyone into the water, right? ”
"Yutang, Uncle He can't figure it out!" He Chaogui said dejectedly: "They are all old brothers for many years, and they have come together for so many years, how can they fight back at the most critical moment?" ”
As the company's chief financial officer, Jin Yulu naturally attended the shareholders' meeting and said indignantly: "The wind knows the strength of the grass, and the fire refines the real gold." Uncle He, Yutang, don't worry, I made an appointment with the branch presidents of a few banks in the evening, and then talked to them about the loan, we will definitely be able to get through this hurdle! ”
He Chaogui nodded and said, "Yulu, you have to worry more about financial matters." If you can't talk about it, you can promise a commission of less than five points, what do you mean? ”
Jin Yutang didn't say anything, but a sneer appeared in his heart.
He was quite new to the unspoken rules, just waiting for the storm to come a little more violently. Yun Kai used a scalpel to pick apart Long Yan's scar, Yan Xiaoyi tore apart the wound of Sun Xiaoqing's heart, and Jin Yutang allowed the Jin family's poisonous sores to erupt, and their thinking logic was completely the same - there would be no new life without destruction.
In fact, the results of this shareholders' meeting are no different from Xia Hanshuang, Yunkai and his private predictions, and the coping strategy has already been drafted. He calmly changed the subject and said, "Uncle He, let's implement the parachute plan." ”
He Chaogui was stunned for a moment, frowned and asked, "Are you sure?" ”
"Sure."
Different from the famous "Golden Parachute", the parachute plan formulated by Jin Yutang and He Chaogui also included a disguised poison pill plan.
At the heart of the plan is that in the event of a sudden change of control of the company, if any of the executives are demoted or fired, all executives will resign en masse; When all managers leave the company, the company is obliged to pay full compensation; All employees who are terminated within two years can also claim a certain amount of compensation.
According to the articles of association, if the amount of compensation does not exceed the authority of the board of directors, there is no need to convene a general meeting of shareholders to deliberate and approve it. According to Jin Yulu's financial calculations, even if the Xia family succeeds in a hostile acquisition, in order to gain actual control of the company, because of this parachute plan, it will increase the acquisition cost by at least tens of billions.
There are pros and cons. The parachute plan requires the company to sign an agreement with employees, which is equivalent to publicly informing employees and the outside world that Gemdale has reached the most dangerous time, and the Jin family has reached the point where there is no way back, and the consequence is that it will be more difficult for the Jin family to raise funds externally, and even there will be a serious risk of run......
After Jin Yutang made this decision, he left the company alone. He Chaogui, who didn't know the inside story, was worried, shook his head and sighed: "Lao Jin, Lao Jin, if you can't wake up, you will really fall apart......"
Jin Yulu, who was standing behind He Chaogui, had a cold face and did not say a word.
What the two didn't know was that Jin Yutang had just gotten into the car, and his expression relaxed. Yu Xizhou asked while driving: "What happened to the results of the shareholders' meeting?" ”
"What else? Unexpected, reasonable. Now the parachute program begins. ”
"Won't that take too much of a toll on the company's reputation?"
"What's the reputation of this now?" Jin Yutang sneered: "I can't bear the child to trap the wolf, Yun Kai and Xia Hanshuang's pair of conspirators said." Now we are going to show weakness to the enemy, dig deep holes, and accumulate grain......"
Yu Xizhou shook his head and smiled bitterly, often suspecting that the two masterminds behind the scenes were purely watching the excitement and not thinking it was a big deal.
"Let's go to the hospital, that's the right thing." Jin Yutang thought for a while and said, "Yunkai and Su Hang said that my dad should wake up in the next two days, and my marionette will come out."
"Yali Mountain is big, where did Xia Yan's recent tens of billions of dollars come from? If it weren't for leveraged funds, there would have been a black knight, and if I didn't figure this out, I always felt unsure.
"We little rookies, plus that ambitious guy in White Sky Valley, if we continue to play like this, we will get angry. Only when the old man wakes up in time can he hold his ground......"