After Tian Jiayi memorized it, he browsed it again to confirm that Fang Hong's instructions were not missing, so he looked up at him and asked, "Wan Tador has this additional new share financing plan, does our company want to participate in the co-investment?"

Seeing Fang Hong's strategy of cooperating with other shareholders to sign a "performance gambling" agreement with the company's management, Tian Jiayi took it for granted that Fang Hong was planning to invest in the company strategically, and that was definitely to increase his holdings in the company.

But Fang Hong directly shook his head and said: "If you don't invest, you can keep the existing shareholding ratio unchanged, as long as you successfully promote the 'performance gambling', after the agreement is signed, the company will cash out immediately." We will strive to settle the VAM agreement before it ends in early December this year."

As soon as these words came out, the beautiful assistant stared at Fang Hong with slightly stunned eyes, and her pretty face was full of confusion and all kinds of doubts.

After making great efforts to facilitate the signing of the VAM agreement, instead of increasing their holdings, they cashed out and left the market?

The more Tian Jiayi thought about his decision, the more confused he became, and then said with a puzzled expression: "Why do you want to cash out and leave? Aren't we working in vain?"

Fang Hong smiled and said, "Of course we don't work in vain, do you think we look like stupid Bai Tian who has suffered a loss?"

"That's right, you guy has more than 800 hearts and eyes in his stomach, how can you do a loss-making business?" Tian Jiayi looked at each other and said coquettishly, and after a while, she added with a slightly curious look, "But I don't quite understand."

Fang Hongtang said firmly: "It's very simple, after the agreement is signed, Wan Tad's stock price will be cut in half, and of course it will be cashed out and left the market."

Hearing this, Tian Jiayi said with a puzzled face: "Will Wan Tad's stock price be cut in half?"

As soon as he said this, the beautiful assistant listened to it even more confused and didn't understand, it stands to reason that it shouldn't go up? Why did it go down, or do you rush to the waist?

I really don't understand.

As for why the stock price did not rise but fell or even halved, of course, it was a series of things that gradually happened after the signing of the VAM agreement, including the bonus pool and business partner mechanism that Wan Tad's management subsequently obtained.

Fang Hong didn't plan to say this to Tian Jiayi now, first promote the signing of the "performance VAM" agreement, this is the beginning of everything.

This thing is not achieved overnight, the seeds are planted first, and slowly take root and sprout......

What Fang Hong has to do is to keep this historical event from deviating from the original trajectory until 2015, waiting for Boss Yao to make his debut.

As for what role will Qunxing Capital play in it at that time? Of course, it's money!

How to make money? Of course, it's fishing in troubled waters!

Fang Hong has no interest in controlling Wan Tad, mainly because it is unrealistic, and at the same time, he doesn't want to get involved in the turmoil of this equity dispute.

……

In the next period of time, the reorganized Ruihe Pharmaceutical Group will continue to advance as planned, and Wang Qingxiong has been taken away, but it will definitely be difficult to convict in a short time, and the trial time has not yet been announced.

But it doesn't matter anymore, he's no longer important. ….

The current Ruihe Pharmaceutical Group has no half-dime relationship with Wang Qingxiong, and it has also been completely cut off from Hengtong Pharmaceutical.

In the following time, Ruihe Pharmaceutical Group will carry out the first judicial auction in November, and it will be unsuccessful if it is not surprising, and then the second auction will be carried out in two months, that is, in January next year, and then the transaction will be completed.

Then it is the introduction of local state-owned assets in Xincheng, and the next big thing to get this done is to plan to land on the GEM.

As for the present, although Ruihe Pharmaceutical Group announced a debt default, the company is still operating normally, except for a group of executives who were taken away, the other more than 10,000 employees are fine, salaries are paid as usual, and the company's operations are as usual.

However, for other people, it is also an opportunity to rise, after a vote of senior executives is taken away, it is a lot of vacant positions, in order for the company to smoothly survive the current turbulent period, many people are promoted or temporary positions on the spot.

Now that the senior management is in the earthquake, the main task is to restore the decision-making body, that is, to convene a general meeting of shareholders, reorganize the board of directors, and elect a new leader to take the helm of Ruihe Pharmaceutical Group.

It is worth mentioning that the equity of Ruihe Pharmaceutical Group is now 100% frozen, but the equity is mainly frozen mainly to restrict shareholders from obtaining income from the company and disposing of equity, so as to prevent the loss of equity income and achieve the purpose of property preservation.

The freezing of the equity does not deny the eligibility of shareholders, nor does it restrict the exercise of shareholders' rights of common benefit.

The right to convene an extraordinary shareholders' meeting or a general meeting of shareholders, the right to vote, the right to participate in the shareholders' meeting or the general meeting of shareholders, the right to vote and be elected, the right to know, the right to sue on behalf of shareholders, etc., will not be unable to operate because the equity is frozen.

To put it bluntly, Ruihe Pharmaceutical Group can still hold a normal shareholders' meeting, reorganize the board of directors, and elect a new management team.

This must be done as soon as possible, if such a huge company is in the stage of paralysis, the company will be in a mess, stabilize the overall situation as soon as possible, and get through the current turbulent period is the key.

Hua Yu is fully responsible for handling this series of matters, how to advance the specific matters, Fang Hong basically doesn't ask about the affairs of Ruihe Pharmaceutical Group, whether it is done or not, I will know after a while.

……

September 15th.

At around 14 o'clock in the afternoon, Wan Tad's first extraordinary general meeting of shareholders in 2009 was officially launched at its headquarters to consider the company's previously disclosed refinancing plan.

As early as about 13 o'clock in the afternoon, many shareholders came to the venue to sign in the grade, affected by the typhoon in the early hours of this morning, the number of shareholders attending the shareholders' meeting was slightly smaller than in the past, and some shareholders who had been pre-rated were also unable to attend.

However, although the number of shareholders present may be reduced, the online voting platform has been activated at the shareholders' meeting, and shareholders can also vote on all the proposals through the Internet, and the financing proposal will not be affected.

At present, Wan Tador is also in the suspension stage of the A-share market today, and will resume trading tomorrow.

At this moment, Fang Hong is also participating in the shareholders' meeting of Wan Tadpole through online channels, and he has bought some shares of the company before, and he is also a shareholder of the company, and he can also participate in voting, although it is only a symbolic purchase of a million yuan of shares. ….

"We have given full consideration to the interests of our shareholders when proposing the financing proposal, and the decline in net profit in 2008 is only a pause, not an inflection point, and we are confident that the company is back on track for growth......

In the study room on the second floor of the villa, Fang Hong was sitting in front of the computer without saying a word, and the screen was a live broadcast of the shareholders' meeting, and the president of the company was answering shareholders' questions at this moment.

In the picture, President Wan Yu continued, "...... It's just that the pursuit of scale may not be the best way for shareholder value, and Wan Tador will shift from the original pursuit of scale and speed to the pursuit of quality and efficiency. We hope that through the transformation to quality and efficiency, the future growth of profitability will exceed the growth of the company's scale."

As time went on, Wan Tad's Executive Vice President began to introduce the financing plan: "For the sake of fairness and the interests of existing shareholders, a maximum of 10 institutions can be selected for non-public offerings, and the public additional offering can allow more investors to participate and be more fair to shareholders. Since Wan Tador has both A shares and B shares, it is not feasible from an operational point of view, and the issuance of convertible bonds will increase the company's asset-liability ratio in the short term and put pressure on the company's debt financing......

At this time, Fang Hong recalled that Tian Jiayi reported on Wan Tadpole yesterday, and Qunxing Capital successfully matched a group of major shareholders to contact the company's management before the start of this shareholders' meeting.

That is, to put pressure on Wan Ta Ta management before the shareholders' meeting, and the spearhead of the problem is directly aimed at Wan Tad's current ugly ROE index.

If the company's ROE index is still so stretched, it will directly threaten to reject the refinancing proposal, or even reorganize the board of directors of Wan Tad, which is a major matter to vote on and requires a two-thirds majority.

A group of shareholders of Qunxing Capital United accounted for about 29% of the total voting rights, and also

Less than 30%, but the voting rights are calculated according to the size of the shareholders present, and the actual vote of this shareholders' meeting must be passed.

The pressure on the management is actually very high, especially the threat of a reshuffle of the board of directors.

As the shareholders' meeting continued, Fang Hong, who was diving onlookers, most likely judged that the pressure was effective, and as for the specific situation and some of its details, he had to wait for Tian Jiayi to come back and report.

…….

Zhao Ling Si Yu