readbooksol Chapter 221 Special Trip to See You
Chapter 221 Special Trip to See You
Chapter 221 Special Trip to See You
The battle between Vanke and Baoneng has been in the newspapers since last year.All kinds of news broke out in the media, and there was a lot of excitement.
The general situation now is: Baoneng holds 25.04% of Vanke’s shares.Moreover, it has just teamed up with Vanke's major shareholder China Resources (holding 15.31% of the shares) to veto Vanke's merger plan to introduce Shenzhen Metro.
At the same time, the Baoneng department proposed as early as June to remove 10 Vanke directors and 2 supervisors including Wang Shitou and Yu Liang.It aims to seek to end Vanke's "King Stone Era".
As for Vanke, all staff are involved.Launched a massive public opinion war, sued Baoneng companies, reported Baoneng and China Resources, and announced the source of funds and shareholding costs of Baoneng's acquisition of Vanke.
The two sides are fighting fiercely.
...
...
Jing Gao came over with the wine glass.Everyone who was chatting with Wang Shitou greeted Jing Gao one after another.
"Boss Jing, are you done chatting with the beauty?"
"Haha. Mr. Jing's acquisition of Uber (China) for US$90 billion can be called a business genius! Princess Wang wants to make friends with Mr. Jing, this is human nature!"
This licks a bit too much!HNA Group has been very aggressive in mergers and acquisitions in the past two years, and its revenue is about to exceed one trillion yuan. It has a very high status in the arena.
"Mr. Jing, we are all very optimistic about the future of Uber (China), and hope to win the subsidy war with Didi under your leadership."
These days, which line or industry does not have a "famous company" occupying the top spot?If you just look at fame, Uber (China) must lose to Didi in the field of travel.Just look at the list of investors.Didi is full of stars: Ali, Tencent, Apple, Softbank...
Among the top BATs in the domestic venture capital circle, Baidu was in trouble in 2016, with executives leaving one after another, and its market value is gradually being distanced.
As of the closing price of the US stock market the day before yesterday, Baidu's market value hovered around US$500 billion.Both Tencent and Ali are around US$2000 billion.
However, who would be intimidated by the "name" in business?Jing Gaoneng directly took out 82 billion US dollars in cash, and his strength can be seen in general!Can Uber (China) still win this subsidy war?
Jing Gao responded to everyone with a smile, and many people had taken photos just now.He raised his glass to Wang Shitou, "Thank you, Mr. Wang, for coming to today's shareholder meeting and reception."
In 2016, Vanke was still the largest real estate developer in China.Listed on A shares and H shares respectively.The market value is as high as more than 2000 billion.Although its head, Wang Shitou, has a small personal fortune and is now in a state of desperation, he still has a considerable status in the Chinese business community at this time.
He should come over to say hello if he is sensible.
Wang Shitou raised his glass to drink, and said with emotion: "When I saw Boss Jing, I remembered when we were young. There are talents from generation to generation." Then he said: "Everyone, I'm sorry, I have some private matters with Boss Jing."
Everyone around him dispersed.
The crystal glazed light was bright and fell on the carpet of the banquet hall.The confidentiality of the Bankers Club is very good, known as "the club has no story", but the decoration is really poor and the style is old.
Wang Shitou smiled wryly, looked at the charming night view of the Huangpu River outside the window, and said, "Boss Jing, to tell you the truth, I came here specially to see you in Shanghai."
Inoko immediately understood.Wang Shitou is looking for investment!He is now looking for "White Horse Rider" everywhere.
Let's first review the "Baowan Controversy".
Wang Shitou's internal conversation on December 12 last year indicated that the dispute between Vanke and Baoneng began to fight hand-to-hand: that is, a frontal conflict.
In fact, the so-called internal open letters are basically for outsiders to read. Wang Shitou said that when Baoneng increased its stake in Vanke to 10%, he met and talked with Boss Yao from Baoneng for four hours.
Wang Shitou's words are a bit embarrassing: at that time, it was an honor for Vanke to choose Vanke's stock and increase its holdings, but I don't welcome you wanting to become the largest shareholder.Then, list the shortcomings of Baoneng.
To put it bluntly, I just look down on Baoneng.
Vanke has been the leader of Chinese real estate developers all year round, and its market value is among the best among global real estate companies.The reputation of the company is pretty good.Its head said to the capital: I do not welcome you.This is not too far-fetched.
Moreover, the Baoneng department is not so kind.They often sell or spin off their assets after they hold companies under their banners to make profits from capital operations.Therefore, later, "Mr. Dong" shouted: If capital becomes a saboteur made in China, they will become sinners.
Baoneng's promotion of Gree came to an abrupt end, and was later labeled a "barbarian" by the China Securities Regulatory Commission.The China Insurance Regulatory Commission also immediately tightened the supervision of insurance funds.
But at this time, what Wang Shitou said last year was in the ears of capital, so it was not so comfortable.Ma De, you have such a big loophole in Vanke's equity, how about I just buy you?The rich are the uncle!
Therefore, Baoneng clearly proposed in June this year that Wang Shitou, Yu Liang and others should be dismissed.Look down on me, get out of here!
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...
Wang Shitou, who has experienced ups and downs in the business world for a long time, was a fine-looking man, and he knew that there was no need to go around in circles when he saw Jing Gao's expression, so he asked directly, "Is Phoenix Fund interested in taking a stake in Vanke?"
Jing Gao was obsessed with the "Bao Wan Controversy" throughout the whole process. Even without the information provided by Guan Yujia and other assistants, he would still know the situation.In fact, anyone who pays attention to the news will pay attention, after all, as long as the two sides make a movement, it will be the headlines.
Vanke's corporate culture is to believe in the professional manager system.To put it bluntly, I just hope that the shareholders will not interfere with the management of the senior management team, and only get dividends.Where can I find such "good things"?But the major shareholder China Resources Group has really supported it for many years.
Vanke has its historical background in doing so.During the share reform that year, Wang Shitou took the lead in giving up Vanke's shares.He has said this in public many times.And thus extract a series of "entrepreneurship" and so on.
But that's not to say Vanke executives don't want to take a stake.Vanke has a "Business Partner Stock Ownership Plan".Executives use their dividends to purchase two asset management products, "Jinpeng" and "Deying".According to the disclosure, as of the first half of 2016, these two products held a total of 7.12% of the shares.
Jing Gao saw that netizens who supported the Baoneng acquisition scolded that Vanke’s stock does not exceed 10 yuan all the year round, Wang Shitou is a bastard, and thanked the boss Yao of Baoneng for helping me out.
Now Vanke's stock price is about 20 yuan, which is the price that has been knocked down.When it was acquired by Baoneng before, the highest point was more than 25 yuan.
and so…
Jing Gao owns a real estate company: Xiashang Real Estate, which is planning to merge with Canglong Real Estate and go public on Hong Kong Island.So he is not interested in making financial investment just by holding shares in Vanke.This is not in line with the idea of holding and operating in person that he has always pursued.
Jing Gao pondered, and said sharply: "Mr. Wang, what benefits can I get from intervening in the Baowan dispute?"
(End of this chapter)