Wealthy started from setting up street stalls

Chapter 244 Shareholder Objection (Subscribe)

December NO.20.

There are still eleven days until Chen Dong's wedding, and ten days before the auction.

Jingzhou spread another good news and bought 5000 million shares again. At present, Chen Dong holds 85% of the shares. This time, Chen Dong transferred all these shares to his parents. Each person has 500 million shares. According to the current 2.2 yuan The market value of Chen Binglu and Yu Xiuqin's shares reached 5500 million.

"Mr. Chen, I plan to take the negotiating team to Huzhou immediately. There are still a few small shareholders there."

On the phone, Yuan Ruicheng asked for instructions after reporting on the work in Jingzhou.

"Okay, take the remaining 10% of the shares as quickly as possible, and buy the other 5% in the secondary market, and collect as much as you can."

"Alright Mr. Chen, let's go to Shanghai immediately."

"Waiting for your good news, come back and hold a celebration banquet for you."

After hanging up Yuan Ruicheng's phone, when Chen Dong was planning to go to the antique shop to check the registration status of the auction, Meng Meiqi returned to the villa with two people.

Lin Huan, Meng Meilin.

Seeing Chen Dong, Meng Meilin kept her head down.

Fortunately, I used to think that Chen Dong was inferior to Lin Huan, but now?People don't know how many streets they have dumped Lin Huan, and there is almost no one in Qingshan City who doesn't know about Chen Dong, and the news of the auction has already spread.

"Chen Dong, are you busy today?"

Seeing Chen Dong getting dressed and going out, Meng Meiqi asked.

"There are still some things at the auction, what's the matter, wife?"

Meng Meiqi: "Well, I was thinking of asking you to help Meilin see the house."

Lin Huan: "Brother-in-law, if you have something to do, go to it. You don't need to go to such a small matter."

Chen Dong naturally understood the purpose of Meng Meiqi's coming to find him. Now Meng Meilin has lost her way and has personally gone to Hetong County to apologize to Lin Huan. Now that they have no new house to get married, he naturally hopes that he can help the two in this matter. personal.

"Lin Huan, you haven't sold the shares of ST Dongfang, have you?"

Chen Dong looked at Lin Huan and asked suddenly.

Lin Huan: "Without a brother-in-law, you won't let me sell it. I'll keep it all the time."

Chen Dong: "Then keep it well."

Then Chen Dong looked at Meng Meilin and said, "Meilin, you must pay more attention during this time, and pay attention to the baby in your stomach."

Meng Meilin blushed and raised her head and said softly: "I understand, brother-in-law."

Chen Dong: "Let's go, let's go to see the house together."

They were all very happy to hear that Chen Dong was also following to see the house.

"I told you already, Mei Lin, your brother-in-law is not so stingy."

"Thank you ma'am."

When Chen Dong accompanied several people to look at the house, the board of directors of Huzhou Huihui Jewelry Company was also tense.

Li Huizhui's face was flushed with anger. She really didn't expect that shareholders would object to a backdoor listing plan, and they were even veteran shareholders.What surprised him even more was that there were still two shareholders who did not support listing.

Li Huicui adjusted his mood and said: "I really can't figure out why you have any reason to oppose the company's listing plan. Have you ever thought about it. According to the current development, the company has reached a bottleneck period. If we want to expand rapidly, where can we have so much money? As long as the backdoor listing plan is successful, the company will raise a large amount of capital, so that we can realize our goal of expanding northward.”

Zhuang Dashao, the company's veteran shareholder, is also a major shareholder who opposes the company's listing.

After Li Huihui finished speaking, Zhuang Dashao raised his hand and said: "Mr. Li, I understand your good intentions, but I don't think it is the best time for the company to go public. Although you can get a large amount of financing, don't forget , this is at the expense of the interests of shareholders, if you go public through a back door, the shares of all shareholders will be greatly diluted, will you still have authority when you speak?"

After Zhuang Dashao finished speaking, another shareholder named Chen Hailong also stood up and said: "Yes, Mr. Li, we have followed you to see the development of Huihui Jewelry step by step to the present. All the shareholders here must know the hardships. It is a double-edged sword. Although a large amount of financing can be obtained in the short term, it may not be a good thing in the long-term development of the company. You can see that several domestic giants are not listed, and they have developed into leading companies in the industry. , can’t we become stronger and bigger without going public?”

After Chen Hailong finished speaking, many shareholders nodded, which surprised Li Huihui.

Li Hui Cui: "I admit that what Mr. Zhuang and Mr. Chen said is reasonable. Just as they said, I personally founded the Hui Cui Jewelry brand and it has grown to its current scale. I naturally know the sadness involved, as well as the sadness of all shareholders. It is precisely because I understand how difficult the previous road is that I insist on the company going public."

"At present, there are indeed several giant domestic companies that have not chosen to go public, but do you know the reasons behind it? To put it bluntly, they are not short of money at all, and they are naturally unwilling to go public if they are not short of money."

"But what about us? Aren't we short of money? The company still has a large loan from the bank that is due soon. How much liquidity will we have if we repay the loan by then? How easy is it to develop?"

Chen Hailong: "Mr. Li, we can continue to borrow money at that time. Our company has a very good reputation with the bank. I believe they will be willing to give us a loan."

Li Huihui: "Mr. Chen, what do you rely on for bank loans? Most of the time, it depends on the policies above. What should we do if the policies are tight? What should we do if we don't have bank loans?"

What Li Huihui said is indeed true. In the matter of loans, the shareholders were deeply impressed by the company's previous loans. One time, the company almost encountered big trouble because the loan failed.

Chen Hailong: "Mr. Li, even if we want to go public, we don't have to be in such a hurry. Besides, there are too many troubles in backdoor listing. As far as I know, ST Oriental Company has a lot of foreign debt. Don't come back in trouble when the time comes. We still have to pay off foreign debts." .

Li Huicui: "Don't worry, Mr. Chen. Now, President Li Huirao will introduce to you the situation of ST Dongfang."

Li Huirao stood up and walked to the front, and then a big screen appeared behind her.

"Hi everyone, shareholders. Now I would like to introduce ST Dongfang Company to you. Longan Dongfang is a real estate company. At present, the company has real estate in major cities across the country. Due to the poor management of the company and the regulation of the real estate industry by the state in the past two years The company has lost money for three consecutive years, and the quarterly report loss in the first three quarters of this year reached 2.6 million. If there is no new asset injection before the end of the year, the company will face the risk of delisting."

"And this is exactly our opportunity. The company's stock price is currently very low. This is just a great opportunity for us to acquire. This will save a lot of time and financial resources in terms of backdoor listing, and after the acquisition of Longan Dongfang, we can completely Turning many of their stores directly into our jewelry stores will save the company more funds for future development, an absolute win-win.”

Listening to Li Huirao's explanation, more and more shareholders expressed their approval for the backdoor listing plan.
(End of this chapter)