Same Bed Different Dreams

This winter is undoubtedly difficult for e-buy. The stock price continues to slump, Tianjian Fund's suppression, one trouble after another, hit Zhou Jingci's heart like a heavy hammer.

The stock market bubble brought about by the high growth rate in the early stage has caused the overall decline of Chinese concept stocks to reach more than 20% this winter, and everyone in the Internet industry is even more in danger.

In order to obtain a domestic third-party payment license, Zhitongbao unilaterally terminated the VIE agreement between Malibaba and Zhitongbao, which completely exposed the legal uncertainty of the VIE structure.Zhitongbao’s share conversion has caused a large number of overseas investors and funds to lose confidence in Chinese stocks and sell them one after another[1].Soon afterwards, Erwei Education’s Hedinghe Holdings incident and other VIE scandals caused a sensation in the entire Chinese and American investment circles, and Dinghe Holdings was delisted from NASDAQ[2].The U.S. Congress even issued a warning to domestic investors, requiring investors to carefully choose Chinese Internet companies listed on the VIE structure, and especially emphasized the policy risk and moral hazard of the VIE structure.

With the strengthening of the New York Stock Exchange's supervision of Chinese concept stocks, the phenomenon of backdoor listing of some domestic companies has surfaced. A large number of small and medium-sized companies are involved in business fraud and financial fraud, which has brought a huge negative impact on China concept stocks.

The sluggish macro environment, Zhitongbao's stock change, analysts' ignorance, policy instability, lack of specific rules, tax risks brought about by a large number of related transactions and transfer pricing, and foreign exchange control risks caused by profit transfer... ··

Zhou Jingci is well aware that this will be the second major setback e-buy has faced since its establishment.Zhou Jingci was busy, and Wei Xiao was also busy.The hearts of the two are always hanging, for fear that if they are a little careless, years of painstaking efforts will be ruined.

Week after week passed, and the stock price of Tesco dropped all the way. At the regular meeting, everyone was anxious and worried. When the ship was in a precarious state, all the problems were revealed one by one.

Ever since Zhou Jingci made a good claim at the regular meeting that day, his relationship with Wei Xiao fell to a freezing point.Wei Xiao didn't talk to him about this matter, and if Wei Xiao didn't open his mouth, Zhou Jingci didn't dare to mention it.

He didn't know what Wei Xiao was thinking now, he just held his head in suspense, held his breath, and took over the steering wheel of e-buy.

After E-buy went public in the U.S., everyone knew that the main body of E-buy was Cayman Company, and the major shareholder of Cayman company was no longer Tianjian Fund, which held 40.00% of the shares of E-buy’s business entity, but the original Zhou Jingci, who holds a 20.00% stake in E-buy, has become the veritable largest shareholder of E-buy by holding Wei Xiao's 30.00% stake on behalf of him.

No one knew why Zhou Jingci would hold Wei Xiao's 30.00% shares on his behalf.However, most people guessed that this was deliberately arranged by Wei Xiao in order to check and balance Tianjian Fund, and there must be an unknown agency agreement between Wei Xiao and Zhou Jingci.Brothers still have to settle accounts. No matter how good Wei Xiao and Zhou Jingci's relationship is, he won't get 30.00% of the shares for nothing.What's more, e-buy was originally created by Wei Xiao.

After that regular meeting, Zhou Jingci actually began to bypass Wei Xiao step by step to issue orders, and gradually took over Wei Xiao's authority. Wei Xiao not only did not get angry to stop him, but gave way further.

Zhou Jingci changed his respectful attitude towards Wei Xiao in the past, and it meant to replace him.For a while, there were different opinions in the company. Some people said that the contract signed by Wei Xiao and Zhou Jingci violated the basic theory of civil law. Resigned, now, rights are not protected by the law, so they can only admit defeat; some people even joked that in order to suppress Li Runzhi, an old fox, Wei Xiao did not expect to give the advantage to Zhou Jingci, a tiger, and in the end it was He was put together by his good brother.

They guessed half right, but they still refused to believe it. Wei Xiao was so stupid that he gave away 30.00% of Tesco's shares without even an agreement.

Sometimes, even Zhou Jingci himself lost his mind for a moment, he thought, Wei Xiao really cared about him.

The sluggish macroeconomic environment, overwhelming negative news from the management, and quality turmoil... There are all kinds of interactions, and the stock price of e-buy has been falling all the way, and a break[3] is imminent.

Three days later, Tesco's opening stock price plummeted 4%, closing at $14.3 per share. It was the first time since its listing that it fell below the issue price of $15.

At this time, Tesco is like a big ship sinking crazily, and no one can control it anymore.

After e-buy broke, Zhou Jingci stayed in the study all night, refreshing the page repeatedly, smoking one after another the cigarettes in hand, and did not sleep all night.

Standing outside the door, Wei Xiao wanted to push the door in a few times, persuading him to go to bed early, but he didn't say anything in the end.

At dawn, when the U.S. stock market closed, Zhou Jingci lay down on the table and rested for a while. When he came out of the study, ready to take a shower and go to work, he found that Wei Xiao was no longer there.He ran downstairs again, and saw a lunch box on the dining table, it was the one he and Wei Xiao used to eat in the morning, but the lunch box had not been opened, obviously Wei Xiao didn't eat it after buying it.Zhou Jingci sniffed, Wei Xiao had a bad stomach, and every time he didn't eat, he would always feel uncomfortable for several hours.

But Wei Xiao always remembers to buy breakfast for himself.

Zhou Jingci's heart twitched violently, but he had no time to take care of it.He still has a lot of things to do, e-buy is Wei Xiao's painstaking effort, it is the youth of the two of them for more than ten years, he can't watch the ship sink completely.

At the regular meeting, Zhou Jingci analyzed in detail the reasons for e-buy's break, the impact of the macro environment, the distrust of Chinese companies by international investors caused by the bad behavior of Erwei, Dinghe, and especially Alipay, e-buy itself Price-to-earnings ratio is too high and so on and so on......

This break is a wake-up call for E-buy, but there is no need to be overly pessimistic. After all, it is fortunate that E-buy can maintain such a situation now that the industry as a whole has fallen by more than 20.00%.What's more, the stock price is only a part of the enterprise, leaving the stock market aside, E-buy has many more important things.

Market share, brand image, suppliers, and supply chain are all things that E-buy urgently needs to maintain.

Zhou Jingci changed his previous style and set more than a dozen rules drastically. A meeting lasted for more than two hours, and his mouth was dry, but he didn't even have time to drink his saliva.

After the meeting ended, he glanced around, only to find that Wei Xiao was standing outside the meeting room, looking at him through the glass window.Zhou Jingci's heart shrank, and he hurriedly wanted to go out to find Wei Xiao, but he was left far behind.

Wei Xiao strode back to his office, and was about to close the door, but was blocked by Zhou Jingci, who followed closely behind. Wei Xiao was condescending, looking at Zhou Jingci's face, his expression was a little complicated, but he was reluctant Embarrassing Zhou Jingci in front of the secretary, he pulled him vigorously into the office, and locked the door with a "snap".

Zhou Jingci lowered his head, he didn't know how to face Wei Xiao, he held his hand tightly, just as he was thinking about how to explain, Wei Xiao pinned him against the wall and kissed him forcefully.

No matter how aggressive and rude Wei Xiao is outside, he always treats Zhou Jingci gently.This is the white rose that he has cared for for 20 years. It is the person who grew on the tip of his heart and buried in his flesh and blood. He is reluctant to be rude.

He has never been so eager, desperately wanting to possess and conquer, wanting to engrave Zhou Jingci's name all over his body, wanting their bones and bones, flesh and flesh, all to be fused together.

Zhou Jingci almost lost his breath, he let Wei Xiao wreak havoc in his soul, swallowing all Wei Xiao's anger, love and hatred.

After the storm, Zhou Jingci was lying on the large table, with documents, pens and paper scattered all over the floor.

Wei Xiao caressed his cheek, stroked his hair, and said softly, "You love me, right?"

Zhou Jingci wanted to cry so much, he frowned, nodded with difficulty, and said, "I love you."

Wei Xiao took a deep breath. At this moment, what he was thinking in his heart was, do you still love me? You still love me.

This matter that he has been sure of for more than ten years now seems like a joke.

Wei Xiao kissed Zhou Jingci's forehead and said, "It's okay."

Zhou Jingci's expression was dazed for a moment, he thought Wei Xiao was telling himself that he didn't blame himself for making him stand up.But Wei Xiao is saying, it doesn't matter, even if you don't love me, it doesn't matter, I love you is enough.