Chen Bao went to Jinling to meet with Han Yi, chairman of Tianyi Technology, hoping that Tianyi would give up the acquisition of Jumei. However, after waiting here for two days, Han Yi never showed up.

As a last resort, Chen Yu could only negotiate with Shen Xin, the executive director of Tianyi.

However, on the contrary, Chen Yu hoped that Tianyi would stop the acquisition plan, while Shen Xin offered generous terms, hoping that the two sides could reach a cooperative relationship.

Chen Beat is famous for his arrogance in the circle, Chen Beat, who was "I speak for myself", was once popular in Xinlang, and his Xinlang fans were as high as 40 million, how could such a person be willing to work for others?

The meeting between the two sides naturally broke up unhappily.

After the negotiations were inconclusive, and Sequoia Capital and Xianfeng Huaxing also insisted on delivering the shares, Jumei began to think about countermeasures again.

On August 23, Tianyi Technology announced its JMEI shares, as high as 47.6%, exceeding the 46.3% of Chen's team, becoming the largest shareholder of Jumei.

As soon as the news was disclosed, the outside world was immediately shocked, and Jumei's share price rose like a helicopter, "rubbing" up, and before the market closed on the 24th, Jumei's share price reached 5.63 per share, an increase of 107% in two days.

As the largest shareholder of the company, Tianyi Technology submitted the "Proposal Letter for the First Extraordinary General Meeting of Shareholders in 2018" to the board of directors of Jumei Youpin Company on the morning of August 24, 2018.

It is proposed that the first extraordinary general meeting of shareholders in 2018 be elected to the board of directors of the company, and five people including Lei Ming are recommended to serve as executive directors of the fourth board of directors of Jumei.

Jumei responded quite quickly, and immediately counterattacked when Tianyi's proposal letter was faxed to Jumei.

According to Article 75 of the Administrative Measures for the Acquisition of Listed Companies, the acquirer is obliged to perform information disclosure, reporting, announcements and other relevant obligations in the acquisition of listed companies and related changes in share interests.

Tianyi Technology held 5%, 10% and 15% of the shares and failed to fulfill its information disclosure and reporting obligations.

Accordingly, the board of directors of Jumei unanimously approved that the illegal shareholder Tianyi Technology and the shares held by Jumei are not allowed to exercise their voting rights at the general meeting of shareholders.

Not only that, Jumei also submitted a letter to the China Securities Regulatory Commission, asking Tianyi to order corrections, take regulatory talks, issue warning letters, and order the acquisition to be stopped.

Before the correction, the acquirer shall not exercise voting rights on the shares it holds.

......

As soon as the news was released, the outside world was in an uproar. Jumei Youpin actually wants to deprive Tianyi Technology of its voting rights through such naïve means, which is simply ridiculous.

However, although Chen's behavior is somewhat ridiculous, the fact is that the "Administrative Measures for the Acquisition of Listed Companies" does stipulate so.

In 2015, China Shipping "Xinmei Real Estate Co., Ltd." used this trick against Kainan Investment Company, and in 2016, "Chengdu Road and Bridge Co., Ltd." also used this trick.

In other words, the acquirer fails to fulfill its information disclosure and reporting obligations when it holds a certain percentage of shares.

However, this situation is extremely rare, and it has happened only a handful of times over the years.

How could Shen Xin make such a low-level mistake?

Before the China Securities Regulatory Commission interviewed, Tianyi Technology took the initiative to submit relevant information.

This is what the management measures provide, but the market tradable shares of the U.S. stock market and Hengrun institutional investors are not in this case.

The share transfer between Sequoia Capital and Xianfeng Huaxing is only an agreement.

Both parties had fulfilled their disclosure obligations before the formal closing, so the decision of the board of directors of Jumei was privately enforced, and it was required to be invalidated.

Jumei's rogue behavior caused the people who eat melons to laugh, and it also completely confirmed the character of "giant without quality".

But this has nothing to do with Tianyi.

Tianyi is not aimed at anyone, but just moves forward step by step according to the company's long-term layout.

......

The acquisition was in a uproar until the end of August, and Tianyi Technology also officially became the owner of Jumei.

At 10 a.m. on August 30, an extraordinary general meeting of shareholders was held at Jumei's headquarters, located on the 3rd floor of Building 3, Kunsha Center, No. 16 Xinyuanli.

As the second largest shareholder of Jumei, Chen Yu was absent from the shareholders' meeting, and his partner and largest natural person shareholder Dai Yushen also did not attend;

Not only that, but the two also sold about 17%, about 25.5 million shares of Jumei stock, and cashed out $150 million.

It seems to be accusing Tianyi Technology of "banditry" in this way.

Heavenly righteousness naturally doesn't matter.

The winner is the prince and the loser. You can participate if you want to participate, and sell if you want to sell, whatever you want.

At the board of directors, Executive Director Lei Ming announced the decision of the head office to carry out a major asset restructuring of Jumei, and the stock of Jumei was suspended, and the specific resumption time was tentative.

Lei Ming is the former marketing manager of the 11th Order, 38 years old this year, graduated from a prestigious university, and has worked as a product and marketing manager on a number of e-commerce platforms.

In the case of talent shortage, Tianyi had to temporarily transfer him to Yanjing.

The person who exercised Chen Bao's voting rights on behalf of Chen was Jiang Hui, the former director of the marketing department of Jumei.

Jiang Hui vetoed Lei Ming's proposal.

However, her proposal was ineffective. After the completion of the transfer of controlling stake, Tianyi Technology already has the largest voting rights of Jumei, and it will give you face if you don't discuss with you, and you are nothing if you don't discuss with you.

After Jiang Hui said Chen Zhu's decision, Lei Ming looked at her and asked, "What about Director Jiang, do you agree with the head office's decision?"

Looking at Lei Ming's knife-like eyes, Jiang Hui, who was accustomed to seeing big scenes, began to "burst" in her heart.

There is a strong Tianyi technology behind the backing, so that Tianyi came out of the executives, each with the wind of a general, the momentum is clear;

As a former executive of Jumei, Jiang Hui was a little "afraid" of Lei Ming at the moment.

Avoiding Lei Ming's eyes, Jiang Hui hesitated for a moment and said, "I don't object to the opinion of the head office in principle, but ......"

Lei Ming didn't allow her to continue at all, and interrupted: "Director Jiang agrees."

What about you, if anyone disagrees, raise your hand!"

In the large conference room, those executives who had worked hard with Chen Yu were silent at this time, and they didn't dare to take a breath when they looked at Jiang Hui, who had a blank face.

Again, consulting with you is to give you face, and if you don't consult with you, you are nothing.

As for the little stock in their hands, it is dispensable, and after the reorganization, it will definitely be further diluted.

Before the paper value of the stock can not satisfy them, and they are unwilling to slip away like this, the only way is to shut up!

"That's fine! ”

......

Han Yi returned to Jinling as early as the 21st.

If you don't come back, you can't do it, how can you do it without him in charge of such a big deal as the acquisition of Jumei? It's just that I didn't meet Chen Jiao.

When Lei Ming held a general meeting of shareholders, Tianyi was holding a direct employment meeting.

The university will start soon, and those fresh graduates who have not found suitable jobs before have also flown back to Jinling like milk swallows returning to the forest.

The scale of the company's direct recruitment meeting is very large, mainly for positions such as art, image vision, JAVA, AI, image production, algorithms, photonic engineers, etc., in addition to administrative office personnel, market development and other positions.

The job fair was held in the talent market of Xuanwu District, and Yang Kangyu, the manager of the personnel department, was in charge.

There are a lot of people who come to apply, and no less than 600 resumes are received in the morning, most of which are fresh graduates, and about 1/5 are social people.

In the office specially prepared for Tianyi by the talent market, the supervisor Yang Kangyu carefully looked at the selected resumes and shook his head from time to time.

These people's resumes are all overwhelmed, but judging from his many years of human resources experience, the water is quite large, and less than one in ten has real skills.

I looked at them one by one, but I didn't see a few copies of them with satisfaction, and I looked up and asked, "How did you choose over there?"

A few HR employees who were lying on the coffee table and selected, said: "I found three that met the criteria." ”

Yang Kangyu said with interest: "Oh, show it to me." ”

One of the men with glasses stood up with a couple of resumes, walked over and smiled, "Boss, give." ”

Yang Kangyu glanced at him and asked, "Why are you smiling so badly?"

"Hehe, those who meet the conditions are all big beauties. The man with glasses laughed wickedly.

Yang Kangyu looked down, and the position column on his resume read: Secretary of the Board!