From Pokfulam to Central

On the first working day after the Christmas holiday, Zhou Mi and Sun Zhan were anxiously waiting for the action of the Hong Kong Stock Exchange, but the whole morning passed without incident.

At noon, Zhou Mi received a call from a journalist friend in his office, saying that when he was reporting the bell-ringing ceremony at the Hong Kong Stock Exchange just now, he took the opportunity to inquire with the high-level officials present. It is said that the Hong Kong Stock Exchange is still discussing internally, and if there is news, it will be announced to the public as soon as possible.

Zhou Mi thanked him for taking the initiative to help, then hung up the phone and the phone rang again, and the caller ID was his father.Zhou Xianli has been paying attention to this matter silently for the past two days, and just happened to see the live report of the bell ringing on TV.The question asked by the reporter is just a casual question to outsiders, but to those who know it, they can understand why.

Zhou Xianli felt that the father and son needed to discuss this matter face to face, so he asked Zhou Mi to buy a plane ticket and come back as soon as possible.

Qu Zhi originally wanted to confide in Zhou Mi on the morning of Christmas, but seeing that he seemed to have something urgent to deal with, he didn't have to make it clear on the spot.At that time Qu Zhi planned to wait for Zhou Mi to come back in the evening, but he didn't expect to see him for two days in a row, and he didn't know if it was because he didn't go home, or he missed it because he left early and returned late every day.When Zhou Mi was finally caught on the third day, he was already packing his luggage.

"You are..." Zhou Mi was about to leave, Qu Zhi looked at him with a look of disappointment in his eyes.

Zhou Mi dug out a thick coat from the back of the closet and stuffed it into the boarding box, and patiently explained while tidying up: "The company needs me to go back to Beijing as soon as possible, remember to lock the door at night when you are at home, and I will try to come back before New Year's Day. "

Zhou Mi swiftly picked out a dozen useful documents from the desk, intending to take them with him to read on the plane. His aura revealed an unconcealable sophistication. This was the first time Qu Zhi had seen such a document. His.

"By the way," Zhou Mi seemed to remember something, stopped picking and said, "What did you want to tell me two days ago?"

Qu Zhi didn't expect Zhou Mi to notice it and remember it, he was stunned for a moment and felt a little relieved, but it didn't seem like the right time, so he said patiently: "Oh, it's nothing, let's talk about it when you get back. "

Zhou Mi didn't think too much, after packing his luggage, he gave Qu Zhi a few words, and then left in a hurry.

Air tickets to Beijing around the Hong Kong holidays are in high demand. Zhou Mi didn’t get a direct flight, and it was early in the morning when he got home. He squinted for three or four hours, and had a meeting with his dad in the study the next morning. .

"Old Qin has already told me what happened." Zhou Xianli pushed aside the breakfast brought in by his wife, and continued to talk to Zhou Mi: "The news he inquired over there is that before Christmas, there is a big technology company in the Mainland. The company has released a signal that it wants to go public in Hong Kong, but just like the BA company four years ago, they hope that the main board will accept the dual-class shareholding structure, so the Hong Kong Stock Exchange has re-blown the possibility of reform."

Zhou Mi found out that his path was not as broad as those of these bigwigs, maybe Mr. Qin had pointed out a clear path for his father, so he asked: "Does Uncle Tan think it is possible for the Hong Kong Stock Exchange to really announce its acceptance?" ?”

Zhou Xianli subconsciously glanced at the trend chart of the Hang Seng Index on the computer screen, which showed a steady rise, "Both Lao Tan and I believe that admitting this system is actually the general trend, and now it is only a matter of time. For us, the most The good situation is that this news will be officially announced after the company has passed the hearing and entered the sales stage. By then, it will be done and it will not have a big impact on us. But—”

"However, since the rumors have been released now, it is very likely that the matter will not last that long." Zhou Mi knew what his father was going to say in the second half of the sentence, and this was also what he was most worried about. Is it possible for us not to be led by the nose by the Hong Kong Stock Exchange regarding the resolution of the general meeting of shareholders, but to continue to promote the listing work according to the original plan?"

Zhou Xianli's eyes darkened, and he took out one of the documents piled up on his desk, and held it in his hand without handing it to Zhou Mi, "I have studied it carefully with the legal director yesterday, and it is clearly written in the resolution: If the system allows dual-class shareholding structure, listing in this form is preferred; only when the system does not recognize dual-class shareholding structure, it will be listed in the form of a single shareholding structure. However, if during the listing process, the adjustment rules for the board to be listed If the dual-class share structure is accepted, the listing application should be resubmitted in accordance with the new rules if conditions permit."

Zhou Mi pondered over this passage, "This wording of 'conditional permission' is very vague, can it be used?"

This is also the only possible point that Zhou Xianli can grasp at present. Just as he was organizing his words and trying to express his initial thoughts to Zhou Mi, Wan Zhenting called.The father and son looked at each other, Zhou Xianli picked up the phone, and Zhou Mi took the copy of the shareholders' meeting resolution in his hand and continued to study it.

In fact, Zhou Xianli, Wan Zhenting, and Wu Shifang all tended to go public in the form of a dual-class shareholding structure when the general meeting of shareholders was held to discuss the listing work plan. After all, this system can ensure that after the public offering, the real The insiders running the company remain in absolute control.Moreover, at the time when the Hong Kong Stock Exchange raised the question of whether to accept "different rights for the same share", people from all parties were extremely optimistic about the adoption of the new rules, and believed that the Hong Kong Stock Exchange would support it in the near future. Decide.

At the general meeting of shareholders, Wan Zhenting and Wu Shifang preferred to wait for the Hong Kong Stock Exchange to officially recognize it before starting the listing plan in Hong Kong to avoid complications, but Zhou Xianli insisted on starting the work as soon as possible because of the gambling agreement.The opinions of the two sides were slightly different, and after friendly negotiations, each made a concession, and then finalized the proviso.Zhou Xianli never expected that the compromise method he proposed at the beginning would actually plant a minefield for himself in the end.

Zhou Xianli hung up the phone and slowly said to Zhou Mi's eagerly searching gaze, "Lao Wan has also received wind and asked if we have any more news. He said that if the Hong Kong Stock Exchange announces the acceptance of dual If there is no layer shareholding structure, we will resubmit the listing application in accordance with the resolution passed by the general meeting of shareholders.”

Although Zhou Mi knew in his heart that people would choose "same shares with different rights", he still had an unrealistic fluke mentality towards this Uncle Wan, and hoped that he would take into account his friendship with Zhou Xianli for many years and not make things worse at this time.Therefore, after hearing that Wan Zhenting did not stand on the same position as the Zhou family, the young Zhou Mi was a little anxious, "But what if the time is too late? What if the official announcement of the Hong Kong Stock Exchange is less than June 6th?" 30 months, it is impossible for us to complete the listing in such a short period of time, does this count as 'conditions are not allowed'?"

Zhou Xianli was silent for a while, "I'm afraid it doesn't count. As long as the external conditions are sufficiently possible, we have no reason not to go public in the form of a dual-class share structure. Moreover, for the company itself, it can go public at any time, and it doesn't have to be in time. Before June 6. The problem you mentioned is an internal reason, more precisely, it is my personal reason. To put it bluntly, Lao Wan and Wu Shifang actually don’t care at all whether I will trigger the gambling agreement in the end.”

"Then let's reconvene the shareholders' meeting," Zhou Mi thought. Although Wanjia Real Estate was founded by Wan Zhenting, his father is now the chairman of the company. He doesn't believe his father's words don't count. Considering that this special situation will arise, it is reasonable to re-discuss the response plan. Anyway, the 20% in Yuanhong’s hand will follow us. Even if Uncle Wan and Uncle Wu disagree, we still control more than half of the votes. Can it be solved?"

Zhou Xianli cast a gloomy glance at the slightly crumpled copy of the resolution in front of him, "It's not enough. A proposal involving a change in the company's form requires more than two-thirds of the shareholders to approve it. Our share is not enough."

Zhou Mi reacted when he heard the first two words, he wanted to slap himself immediately, he was so confused that he could even forget the express provisions in the law.Sure enough, the funds left by the Wan family and the Wu family in the company were not just for year-end dividends. Nor can it be arbitrary.

Zhou Xianli didn't bother to criticize Zhou Mi's negligence this time, because right now he has put all his energy into thinking about the solution to this matter, "Judging from Wan Zhenting's position all the time and his attitude just now, it is almost impossible to convince him Agree with us to revise the resolution. And Wu Shifang has always opposed us openly and secretly, and it is even more impossible to stand on the same front this time. Now we can only start with the remaining two small shareholders. Fortunately, their shares plus ours The total with Yuanhong is 67%, just over two-thirds. This may be the last chance God left us."

Yes, this is the last chance.But Zhou Mi knew in his heart that these two small shareholders had always followed Wan Zhenting and Wu Shifang respectively, so this only hope was actually very slim.