My fintech empire.

Chapter 1198 [Using Force to Fight Against Force]

After signing the "bet agreement", Wan Ke's performance soared, and the executives received generous rewards as they wished and achieved financial freedom.

However, the head of Wan Ke felt that this was not a good idea. He was worried that the executives would lose their fighting spirit once they got the money and became financially free. They had to feel a sense of belonging to the career they were striving for and to the company.

As the bonuses from the "betting agreement" became more and more generous, the head of Wan Ke did something like this. He implemented a "business partnership" operation and established a fund called "Silver Amine Partnership". He required that no one in the senior management team was allowed to take the bonuses from the "betting agreement", but put all the bonuses into a pool. The Silver Amine Partnership Fund was this pool.

Then, through this fund, Wan Ke's stock was purchased. The logic of Wan Ke's leader's move was that in this way, the executives would also become Wan Ke's shareholders, and would no longer be mere professional managers. In this world, working for others is a job, and working for yourself is a career. Only by doing your own career can you become more and more motivated.

There is actually nothing wrong with what Wan Ke’s boss did. The “business partner” mechanism he implemented can indeed motivate the team.

However, the actual situation is that as time goes by, it deviates from the original concept. To put it bluntly, it forgets the original intention, becomes sophisticated and selfish, and harms others for its own benefit.

The management team of Wan Ke found that if the company's stock rose sharply, it would be disadvantageous to them, because they needed to use the huge bonus they received from the "betting agreement" to buy Wan Ke's stocks. Of course, the lower the stock price, the better, because the same amount of money could buy more shares.

Therefore, Wan Ke's senior management team least wants the stock price to rise before they buy enough shares. Even during the disastrous market last year, the company proposed a "10 billion repurchase plan" but was hesitant, so shareholders who bought the company's stock did not see a rise in price for several years.

Wan Ke's net assets have been rising continuously over the past five years, and the management team's business capabilities are indeed outstanding, but the stock price has been almost flat over the past five years, which has caused the company's net assets and market value to show signs of an inverted relationship. To put it bluntly, something that is actually worth more than 4000 billion yuan can now be bought for less than 2000 billion yuan.

This phenomenon of price inversion lasted for a long time, and finally attracted the attention of the "capital barbarian" Mr. Yao. Things that were actually worth 10 yuan can now be bought for 5 yuan. I just want to ask you whether you will do this kind of business? Of course I did it.

Over the past year, Boss Yao has been adhering to the idea of ​​"quietly entering the village" and has quietly leveraged funds to continue buying Wan Ke's shares. He bought until he became the largest shareholder and then directly demanded the reorganization of the board of directors. Wan Ke's senior management team finally realized that there were barbarians coming to steal their home.

Now, Huayang Group has also intervened. The Qunxing Group has suddenly surpassed the Baoneng Group to become Wan Ke’s largest shareholder, which has brought another turning point in this capital drama and made the whole situation more complicated.

At this moment, Fang Hong took the document from Tian Jiayi, glanced at her and said with a smile: "I promoted the bet agreement five years ago, and then I never cared about it again. What will happen next is not up to me, but up to the senior management team. The choice is given to them."

Fang Hong added: "If they were not greedy, this would be a win-win situation for both sides. The company would be thriving, and the stock price would continue to rise, and we would be happy to see it happen. However, they are too selfish after all. They only think about themselves and don't care about others. They want to use as little money as possible to get as many shares as possible, so they deliberately suppress the stock price of Wan Ke at the floor price for many years, which also attracted the attention of Boss Yao, and ended up in this situation now, haha..."

At this time, Tian Jiayi asked in confusion: "With the current situation, I think we have lost more than we have gained. Now you have also been labeled as a 'barbarian', and Wan Ke has become the object of sympathy."

After saying this, Fang Hong said with a somewhat sarcastic tone: "They still have the nerve to seek sympathy? They are both in power and in disfavor? Well, you go and make arrangements later to make the Silver Amine Fund popular, so that everyone can see it, so that investors and shareholders who bought Wan Ke can take a good look at why the stock price has not risen in the past few years, who is preventing Wan Ke's stock price from rising, and who will benefit most from Wan Ke's stock price not rising."

Tian Jiayi nodded and made a note, then looked at Fang Hong again and asked, "Do you really intend to take this opportunity to take over the company?"

Fang Hong smiled and said, "We must make clear efforts in this direction. It would be best if we can win, but it doesn't matter if we can't. What I am interested in is not the company itself, but to use this incident to ask those people for some interest, and also to give them a warning. They want to label me a 'barbarian' and make public opinion unfavorable to me... Let's see how I can turn the tide."

After saying that, Fang Hong turned on his computer and logged into his personal Weibo account, then began to quickly edit the text in preparation for updating a Weibo post.

……

At the same time, the leaders of that gang were sitting together and discussing.

In a small room, one of the middle-aged men frowned and said, "You said that Qunxing intervened in the matter of Wan Ke, and Fang Hong just wanted to come in and make a fortune. Is it that simple? This is indeed a piece of fat meat, but I always feel that it is not that simple."

In the past year or so, Qunxing Capital has actually not had any strategy for Wan Ke. The last strategic operation on Wan Ke’s stock was in 2011. Since then, it has neither sold nor increased its holdings, and its shareholding ratio has remained unchanged at 4.86%.

However, Huayang Group is deeply involved, and has intervened on a large scale this year. Because of the strong relationship between Huayang Group and Qunxing Capital, the outside world naturally regards it as Qunxing Group, and then the largest shareholder of Wan Ke becomes Qunxing Group, and then Fang Hong is also labeled a "barbarian" based on this.

At this time, a young man knocked on the door and came in, reporting: "Fang Hong just posted a Weibo online, and it is related to Wan Ke."

A man sitting in the room immediately asked: "What did you say?"

The man who came to report handed over the document he brought with him. He directly printed out the content of Fang Hong's Weibo and made several copies. The people present all lowered their heads and looked at the paper document in their hands.

It was the content of Fang Hong’s Weibo post just now:
[A strange phenomenon of A-shares is not how bearish the stock market is now, nor that it has been difficult to break through 3,000 points in the past 20 years, but that there has not been a single case of hostile takeover in all these years. For more than 20 years, thousands of listed companies have not had a single hostile takeover since the opening of the market. This is a global wonder that puzzles me.

Without a hostile takeover, the company would become a paradise for short selling through margin financing; without a hostile takeover, the actual controllers of listed companies would dare to maliciously short sell their own company without any worries.

But if there is a hostile takeover, would the actual controller or major shareholder of a listed company dare to lend out securities to short sell their own company? He would have to worry about the cost of playing with fire. If the so-called "barbarians" really target the company and take it away, he would be kicked out, so he would not dare to play like this.

Now Wan Ke is facing a hostile takeover, and is expected to be the first hostile takeover. Some people say that I am a "barbarian", so I will be a "barbarian" openly. 】

Finally, another middle-aged man in the room twisted the A4 paper in his hand into a knot and said with a gloomy face: "So that's it. Ten thousand tadpoles are not his focus at all. He is using ten thousand tadpoles to gain leverage. His real purpose is actually to target us."

……

(End of this chapter)