Rebirth of the World’s Richest Man

 Chapter 3678 Curiosity

When Huaqing Holding Group was in Xinlang, it held about 10% of the shares and got two board seats, and Xinlang's board of directors still had seven to nine people.

 The board of directors of China Construction Bank has a structure of sixteen to nineteen people. Basically, according to the normal share ratio, as long as you hold about 5% of the shares, you can get a director seat.

Of course, the situation of CCB is different from that of Xinlang. Xinlang is an Internet company. Although it seems to be a powerful player now, it is not only in terms of the industry it is engaged in, but also in terms of background and strength. There is absolutely no comparison between Xinlangdu and CCB.

 And even in the eyes of the majority of consumers, it is the same. Xinlang is an Internet company. To be honest, everyone will doubt its authenticity when they look at the news on its portal website.

 But here at China Construction Bank, everyone is very comfortable depositing their hard-earned money in the bank.

The difference is too big. It certainly cannot be said that director seats are calculated simply based on the number of shares held. However, if you can get more than 10% of the shares, there is still no problem in planning a director seat.

Wang Liang thought the same way. Why he helped Jiang Xiaobai was to have a supporter on the board of directors in the future. Of course, after the people arranged by Huahua Bank entered the board of directors of China Construction Bank, they would definitely have their own demands.

  But this does not prevent him from speaking for Wang Liang without affecting the interests of Huahua Bank.

"Then, let's fight for two director seats. If we can get more than 15% of the shares, we will try our best to fight for two director seats. If it doesn't work, if we only have more than 10% of the shares, then that's okay. Fight for a board seat, and at the same time fight for someone to join the CCB Strategy Committee.”

 Jiang Xiaobai’s goal is very clear, that is, to expand Huaduo Bank’s influence in CCB as much as possible. Some people think that with a board of directors of 16 to 19 people, what can be done to get one more director seat?



That is because we don’t understand reality too much. Reality is not like novels and TV series. There are often not so many controlling shares, absolute controlling shares, major shareholders and the like.

 If you want to improve your influence, you should do it slowly.

Although a board of directors with sixteen to nineteen members has relatively few seats, having one is different. It is like a standing committee in a county, with only seven to nine people.

Then can you say that there is no point in fighting for one more position on the Standing Committee?

 The Strategy Committee under the Standing Committee is like the deputy county magistrates of the county government. Although it is not a member of the Standing Committee, can you say that striving for such a position is meaningless?

 A county has a population of only a few hundred thousand, and the entire CCB has more than 300,000 employees, which is the entire population of a county, and CCB's influence cannot be compared to that of any county.

 To expand a little influence, it is natural to expand. The reason why Huaqing Holding Group is what it is today in China is because Huaqing Holding Group is constantly expanding its influence, bit by bit.

There are a few board seats in this company. If you invest a little in that company, you will have a few board seats. Gradually, if you accumulate in this way, you will be able to speak in every company and influence the company, so as of now Only then can we have the behemoth that Huaqing Holding Group is today.

 Similarly, if Huahua Bank wants to have its own place in the banking and financial industry, it also needs to expand its influence little by little, fighting for a little here and a little there. “Okay, Mr. Jiang, I understand.” Mr. Huang nodded.

Now that the two most important issues have been determined, the remaining projects are much easier to talk about. What will help CCB's corporate governance, risk management, information technology, financial management, human resources management, personal banking and global financial services? Technical assistance is just a small thing.

There is nothing that cannot be discussed. Why Huahua Bank can intervene, kick out Temasek, and replace Temasek as a partner of China Construction Bank? It is not because Huahua Bank is much stronger than Temasek.

 It’s because Huahua Bank is a foreign-funded company controlled by domestic capital. A foreign-funded company controlled by domestic capital is naturally more reassuring than pure foreign capital.

Similarly, Jiang Xiaobai will certainly fulfill his responsibilities and spare no effort to support CCB in all aspects, so as to elevate all aspects of CCB to a higher level.

These are all mutual matters, and we must fight for other things that should be fought, but of course Jiang Xiaobai will not be stingy when it comes to helping.

The afternoon meeting was already at three o'clock. It lasted more than two hours and ended at half past five. At six o'clock in the evening, Jiang Xiaobai asked Mr. Huang to invite Wang Liang and Mr. Zang to come over.

But Mr. Zang was not there because of something, and only Wang Liang came over.

"Director Jiang, congratulations. The successful listing of Baidu Company is also Director Jiang's long-term success plan." As soon as Wang Liang saw Jiang Xiaobai, he held Jiang Xiaobai's hand and said with a smile, his words full of envy. .

Jiang Xiaobai has too many industries. Here he is talking with China Construction Bank, and over there a company is listed on the market, and it is worth hundreds of millions of dollars. Jiang Xiaobai is making money much faster than robbing money. It is dazzling to see.

“Haha, Mr. Wang was joking, I just paid attention to the Internet industry in advance.” Jiang Xiaobai said modestly.

“Dr. Jiang, can you please satisfy our curiosity? How much money did Jiang make from the Baidu listing? Can you please reveal it if it’s convenient for you?” Wang Liang said curiously.

"This..." Jiang Xiaobai hesitated and then said: "Almost 800 million U.S. dollars, based on the current stock price."

"Eight hundred million U.S. dollars?" Wang Liang took a breath when he heard this. It's not that the outside world didn't guess how much money Jiang Xiaobai could make from Baidu's IPO this time, such as one hundred million U.S. dollars, two to three billion U.S. dollars, but he didn't expect Jiang Xiaobai to be in Baidu made so much money after going public?

"Well, because our acquisition cost nothing. When I acquired the seven million shares of Baidu, some were priced at US$1.8 per share, and some were priced at US$2 per share. The total cost was about US$14 million. …”

 (End of this chapter)