Chapter 1715 is a threat
In the United States, being a majority shareholder of a company and a member of the board of directors are two different things, and the board of directors is elected by the shareholders and does not necessarily own the company's stock.
In general, there are three types of committees, and the members of the board of directors belong to different committees.
They are "Audit -Committee", "Compensation-Committee", and "Nominating-Committee".
Because the shareholders represented have the right to supervise the company, Han Xuan has always thought that they are difficult to entangle, and at this time, under the leadership of Joey, there was a lot of noise inside, and some people shouted: "That's Han and Anthony's fault!"
I've long said that Company O should be transformed! Just let people chat, what kind of money can be made! ”
An old man was standing on the podium, raising his fist excitedly with his back to the door, with the intention of asking Master Han Xuanxing to ask for guilt, and many people nodded in agreement.
A small company loses five percent in one day, which is nothing, while a loss of five percent in industries such as Blueberry Group and Cisco means that the Fed's profits in the past three years are gone! That's almost the sum of the annual output of several countries in Central America!
It's strange that they can be calm.
Suddenly, the old man found that the people in front of him were looking behind him, and with strange expressions on their faces, he stopped talking, and instantly felt a chill on his back, and his flushed face suddenly collapsed.
Changing the subject, he continued to shout: "But! At times like these, we should all work together to get through this together! Instead of complaining here! It's useless to complain!
We should believe in Han! Trust Executive Anthony! Their abilities are obvious to all! ”
At the door, Han Xuan's face was extremely exciting.
Of course he knew why this old man had changed his tone and was not angry, and he couldn't allow them to complain when the company's stock price fell today.
Raising his hand to applaud, he walked in directly, and said with a smile: "This gentleman is right, we can get through this crisis......"
Don't look at Han Xuan's precedence, these shareholders made a fierce fuss, one by one impassioned, as if they wanted to slap Han Xuan and the top management twice, asking them how they managed the company, which caused today's situation.
In fact, when he actually entered the venue, no one dared to speak loudly, even the panting voice was lowered, usually these board members did not talk to Han Xuan to discuss the company's decision-making, and even if they wanted to meet with Executive Anthony and Executive Officer Charlie Sr., they needed to make an appointment.
Han Xuan holds 100% of the shares of the parent company of Snow Mountain Group, and also holds more than 97% of the shares of Hope Group, and the remaining 3% is issued as reward shares.
Executive Anthony and others have shares in the parent company of Snow Mountain Group, but that is only the right to stock dividends, and the actual owner is still Han Xuan, and they don't have to sell the face of these board members at all, and Han Xuan is directly responsible.
These people present can also bully and bully the management personnel of some third- and fourth-level subsidiaries, and the identity gap between them and Han Xuan is too big, so big that they dare not disrespect.
didn't inform who would come to preside over the meeting, the old man who had just been inciting other people's emotions was cold when he heard Han Xuan's voice, and he quickly turned around to laugh, stretched out his hand and shook Han Xuan excitedly, and then sat back in his place.
These people on the scene, without exception, all hope that the Nasdaq will continue to soar all the way and bring profits to themselves or the bosses behind them, and the women present are less than one-tenth of the men.
Although society began to promote equality between men and women, the number of women among the top executives is indeed very small, and some people in the company have discharged the "Ten Knights" for the Snow Mountain Group, which means to protect Han Xuan's company, and all of them are men without exception.
At this moment, I only heard Han Xuan continue: "The gentleman just now told you that the operation idea of O chat software should be transformed, and I can tell you very responsibly that the secondary Internet concept industry subsidiaries directly managed by Hope Group have no problems with the development direction."
Since the beginning of their establishment, I have had a complete idea of the Internet ecological industry chain, these companies have been developing according to my expectations, looking at the huge user base of those companies today, it is enough to show how popular they are in the market, whether it is the financial situation, or the next development plan, they are very healthy.
No one can say for sure what the future holds, for now, your worries are unfounded, the Internet is an emerging market, no one including me can see through its future, but it is absolutely right to develop now. ”
Some people disagreed with his remarks and asked, "If that's the case, why is the stock price falling today?" ”
"It's not just our company that's falling, other companies are also falling, and it's falling even more, and from what the market is showing, it's more confident in our company.
Since my company plan is right, it means that the market is wrong.
In my opinion, the concept of the Internet is not so valuable, and it may be quite valuable in the future, but not now, an Internet company that can maintain no losses is already very good, and it will take a long time for the profit channel and market to be developed.
During this period of time, the Internet industry concept stocks have been too hot, giving birth to a large number of bubbles, and once a bubble appears, I believe that everyone present understands what will happen.
That is an inflated price, except in the financial securities trading market, can not bring investors profits, the bubble is a bubble, one day will burst, today the market has given a strong signal.
The reason why I came here today is to let you be mentally prepared that after today, the Internet industry will enter a long winter period, which may be a year, or it may be five or ten years.
The Nasdaq is expected to fall for a long time in the next few years until the market returns to rationality, and you had better be prepared for the frenzy of the Internet industry has passed......"
When he said this, Han Xuan's tone was quite calm, there was no frustration or panic, and the voice passed through the microphone to the ears of everyone on the scene, releasing a powerful signal...... The Internet industry will continue to collapse!
For a while, the venue was chaotic, and many people couldn't sit still!
Hurriedly called the others to inform them that Han Xuan had already told these board members the most important thing, and they also knew everything they wanted to know, so there was no need to continue to stay, and walked outside the venue with his legs raised.
In fact, at this time, we should comfort them and use false lies to stabilize the stock price, so that these major shareholders, or those who represent major shareholders, continue to hold the stocks of those industries, so as to avoid too many outstanding shares in the market, which will lead to a crash.
But Han Xuan is not afraid of these major shareholders selling, what he is afraid of is that they are still holding on to the stocks in their hands, and with the declining NASDAQ index, they will eventually be trapped and affect their future plans.
They are all ordinary people, and it is almost impossible to buy back shares from them during the low tide of the Internet, and when they see that they show a tendency to repurchase, they will not be willing to sell their shares to him, so it is better to disperse and enter the liquid market.
They don't want to see the stock price crash, so they will discuss it and spread it out into the stock market, so that the choice is good for everyone, and they will also keep it secret to avoid causing panic.
That's Han Xuan's guess! No matter what the final result is, the vast majority of shareholders trust his judgment, and even stocks that can rise will be pulled down by his remarks, and financial tycoons such as Warren Buffett and Soros can also do this......
To be honest, Han Xuan is also a little confused, he can grasp the general direction, but he doesn't know when his companies will fall.
He sighed softly as he walked out of the door, and Gabriel, Jason, Olivia, and the others knew that he was in a bad mood, so they didn't bother.
It was the shortest board meeting Joey assistant had ever seen, and he called to get the details of Time Warner's CEO to be sent quickly......
Han Xuan frowned and walked forward, the employees who saw his expression did not dare to say hello, he was thinking backwards at the moment, the creation and bursting of the Internet bubble in this life.
He used to be in the circle, but now he is trying to jump out of the circle and think from the big picture, which will help him make the next decisions.
Just a few months ago, the US officials, represented by Mr. Greenspan, chairman of the Federal Reserve, had a premonition that the economy was overheated, the unemployment rate was low enough, and one of the characteristics of the Internet industry was that the number of employees was small, so they gave the hawks enough say and began to enter a cycle of interest rate hikes, with interest rates rising rapidly from 4 percent some time ago to 5.5 percent today.
With the reduction of capital liquidity, the profits of Internet companies have been weakened, mainly in the sharp reduction of advertising volume, various money-burning projects with no visible prospects, and crazy encroachment on the cash flow of Internet companies.
However, the overall mood of the market is not aware of the reversal point of this big cycle, and buying the bottom is the main theme, and there is a pair of hands behind it, constantly making reasonable explanations for the decline of the stock market, and Han Xuan himself also plays an important role in this process.
In this era, many people do not know enough about the Internet industry, Han Xuan feels that it is necessary to write something, so that people can learn from the lessons of this time, he has become a giant crocodile in the Internet industry, and a good industry atmosphere is more beneficial to the future development of those companies.
Suddenly saw a fat cat running over, he stopped with a stunned expression, raised his head and looked forward, sure enough, he saw Anya's figure, and asked her with a smile: "Why are you here, didn't you say that you were going to Santa Clara Town to go shopping......