Rebirth of the World’s Richest Man
Chapter 2726: elected director
Chapter 2726 Election of Directors
Wang Zhidong presided over the meeting and congratulated each shareholder for increasing their shares or entering Xinlang, but his heart was very bitter.
I want to say that he didn’t care about the shares before, but can he still care about the shares now?
If possible, he also wants to hold more shares, not to mention absolute holding, that is something he can't imagine, even relative holding is a dream.
Thirty-four percent, 30 percent, even if you hold 20 percent of the shares, or even lower the requirements a little bit, as long as you hold 14 percent, you can become the largest shareholder.
But he didn't, he still held more than 6% of the shares, maintaining it motionless.
It is better to have a father and a mother than to have a mother. He also understands this sentence, not to mention that relying on allies, in his own hands, can guarantee that it is his own.
But it is useless to understand, he has no money to buy shares.
At the beginning, I took 5 million Hong Kong dollars from Stone, and now Stone still holds 10% of the shares with the 5 million Hong Kong dollars.
But now with 5 million Hong Kong dollars, not to mention 10% of the shares, even 5% of the shares cannot be bought.
Xinlang has developed rapidly in recent years, and the shares held by him have been increasing in value, but he is not willing to sell the shares, and he thinks that he does not have enough shares.
The money that can be used is the annual salary of 300,000 US dollars as the CEO, but there are also expenses in life, and the money that can be saved is less.
What's more, the 300,000-year salary has not been paid for a few years. Where can there be money to buy millions of dollars of shares in the hands of others, so now I can only watch it.
I hope that others can support me, tear down the east wall to repair the west wall, and paste windows everywhere. I hope that Xinlang can continue to develop according to its own strategy.
In fact, he now also realizes that he didn't pay much attention to equity in the past, and his shareholding ratio was too low. It can even be said that he was wrong in the beginning, but he has come to this point.
Either quit completely and start a new business, or keep going.
Xinlang is his hard work, and he thinks it is also the pinnacle of his career. If it weren't for the choice, he would definitely not want to leave.
Wang Zhidong didn't mention the various feelings in his heart, and he was still clarifying the shares. Lianxiang's President Liu held 3% of the shares this time, and Dongfang's President Zhang held 3% of the shares. Mr. Lu, who is anti-sea, holds 2.5 percent of the shares.
After three people divided up more than 6% of Dell's shares, they got a part from other small shareholders, and bought a part from the market.
Now the situation in Xinlang is very obvious, not to mention the small shareholders, even the major shareholders know that this Xinlang is going to be a battle between dragons and tigers, starting a new reshuffle, coupled with the cold winter of the Internet.
The small shareholders are not willing to be involved here any more. Taking advantage of the high price given by the competition now, it is the right way to make a fortune and leave, so the acquisition of Mr. Liu and the others from the small shareholders is also very smooth.
Of course, with some small shareholders but with strong support behind it, it is difficult for people with background to acquire it.
For example, SoftBank actually doesn’t hold many shares, so it can be regarded as a minority shareholder.
But people just don’t want to let them go, they just have the confidence to keep playing, and they’re not afraid of you shuffling cards at all. Anyway, they don’t hold much shares, so they’re not afraid of losing money, so there’s no way out.
After the share notification is completed, the new board of directors will be held. The previous board of directors was controlled by the previous shareholders' meeting. Now that the shareholders have started to change, the board of directors will of course have to be re-elected.
Let your own people go immediately. In fact, this is relatively simple, because the selection is based on strength.
The approximate right to speak is actually about the same as the shareholding ratio in his own hands, and it also depends on other people's arrangements.
Jiang Xiaobai elected Zhang Jun as the director of Xinlang. Jiang Xiaobai's layout in the Internet industry is not only invested in Xinlang's family.
Zhang Jun is not only the director of Xinlang, but also the director of Penguin and the director of Baidu. The director of Net One is not Zhang Jun, but Zhang Weiyi.
The reason why Zhang Jun was not allowed to be the director of NetOne is because the two companies are in a competitive relationship. Of course, it is impossible to say that there is no competition between Internet companies at this time.
But both are portal websites, so it is not suitable for Zhang Jun to be the chairman of two companies that are facing direct competition at the same time.
Although everyone understands that, whether it is Zhang Jun as a director or Zhang Weiyi as a director, Jiang Xiaobai is behind it.
But at least the surface work has to be done.
And Jiang Xiaobai himself is not a director because Huaqing Holding Group holds shares in many companies. If Jiang Xiaobai is a director in all companies, he will not have to do anything every day.
This company has a board of directors, and that company has a board of directors, and you can go to the board of directors all day long.
Therefore, we can only let other people in the company be the directors. If someone resigns or is disobedient, it is also simple, just convene the shareholders meeting again, and then remove them.
In the end, everything else is false, only the equity is real.
No other shareholders have any objection to Zhang Jun's appointment. Jiang Xiaobai holds 11% of the shares. What's wrong with electing a director.
Although it is said that the entire board of directors is about eight people, it must be known that there are still outstanding shares in the market, so according to the proportion, Jiang Xiaobai should also occupy a board seat.
Not to mention Jiang Xiaobai is so strong, this face is to be given.
The meeting did not elect a director until noon. During the lunch break, Wang Zhidong felt the pressure and came to Jiang Xiaobai.
His 6% share, to be honest, is not much or not. It must be placed in Jiang Xiaobai's hands. Jiang Xiaobai can win a director seat with 6%.
But in the hands of Wang Zhidong, it is useless.
Wang Zhidong also realized this from the morning meeting. He originally wanted to choose a person of his own, but now he can only let Jiang Xiaobai choose someone.
At least now Jiang Xiaobai is supporting himself. Otherwise, the right to vote in his own hands is also void.
Jiang Xiaobai nodded when he heard the words, glanced at Zhang Tingting beside him, and planned to elect Zhang Tingting as the director of Xinlang in the afternoon.
Zhang Tingting listened to Jiang Xiaobai's arrangement, her eyes widened immediately, she is the director of Xinlang? Are you kidding me?
(end of this chapter)
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