Super Tycoon

Chapter six hundred and first joint holding

That night, Li Zeju called back to Xiangjiang to report the matter to his father Li Chaoren.

In fact, Li Chaoren also plans to continue to increase his holdings of this company's stock. Anyway, the current stock price is very low, which is a good opportunity to buy the bottom. He also believes in the management capabilities of the people sent by the company. The company will definitely be profitable within two to three years.

During the Internet bubble, the reason why the stock price fell was because the company did not make money and expanded blindly. Look at the current Amazon. It is also a similar company at the beginning. Didn’t it survive and is now entering the fast lane of development?

Of course, among those companies, only Amazon, Yahoo and Price Online are left.

Li Chaoren rarely invests in such enterprises, but it does not mean that he is not optimistic at all. Under the influence of his second son, he also paid more and more attention to such enterprises, but he was still relatively cautious.

Li Chaoren has also studied Amazon's sales model before. After all, retailing is also the main business of Li Chaoren's company. However, it was found that this kind of enterprise cannot play well in Xiangjiang, because Xiangjiang is too small.

In the mainland market, there is already a company called Alibaba. After checking, I found out that there is also Zhang Yang's investment.

Zeju, do you think he is really optimistic about the business of this company, or is he simply trying to raise the stock price by cooperating with us?

If it is the former, then no problem, they help Zhang Yang get more stocks, and everyone cooperates more closely, a win-win situation. If it's the latter, there's something wrong.

Frying up the stock price must ultimately be for cashing out profits. Then when major shareholders cash out a large amount, the stock price may plummet, and at the same time cause distrust from other investors, causing the company's operating crisis.

I don't think Zhang Yang meant to simply raise the stock price. He also said that at this time, the price of the online company is not worth it for him to continue to raise it. He has already asked people to buy a lot of tradable shares in the stock market.

He wants voting rights and wants to be on the board of directors, but it's definitely not for the purpose of cashing out in stocks. He also said that he is very optimistic about this business, and even plans to replicate this model in the mainland.

It's just that the aviation industry in the mainland is not developed enough, and the hotel industry is also much worse. It is not suitable for the time being.

Then do you think it is necessary for us to continue increasing our shareholding in this company? Should we be the major shareholder, or Zhang Yanglai? Li Chaoren asked again. ,

On the surface, there seems to be no difference. Zhang Yang promised to support us in managing the company. He also said that he is not good at managing such companies. But I still think we should ensure that we have the most voting rights, so we still need to continue to increase our holdings.

Li Chaoren was quite satisfied with Li Zeju's answer. He thought for a while and said, Call me again at this time tomorrow. I will discuss it with other people first. You can also discuss it with other shareholders of Price Online. See Let's see how many people are willing to sell their shares.

The next night, after Li Zeju and Li Chaoren talked again, they decided on a plan.

Dangdangdang~~

Zhang Yang just woke up in the morning, and was about to call the hotel to bring breakfast, when he heard a knock on the door, opened the door, and saw Li Zeju standing at the door.

Morning.

Li Zeju glanced at his watch, it's past nine o'clock, isn't it early?

He maintains the same habits as his father, going to bed early every day and taking lunch breaks, but also getting up early. He has finished browsing today's main news, and even dealt with some company emails, and Zhang Yang just woke up like this?

Have you eaten yet? Together? Zhang Yang let the door open and invited Li Zeju in.

I have eaten, but I can have a cup of coffee.

While waiting for breakfast, Li Zeju directly expressed his opinion to Zhang Yang: We have already contacted several major shareholders, and three of them expressed their willingness to sell their shares, but the price they want is slightly higher. They want 11 to 12 dollars a piece. shares, and this week the company’s share price peaked at $8.8.”

Zhang Yang frowned on the surface when he said that the purchase price should be more than 20% premium, but in fact he didn't care at all. Not to mention the 20% premium, even if it is 200%, it doesn't matter to him. The stock price will go up in two or three years, and the follow-up will continue to rise all the way, and it can't be stopped.

He wants to hold it for a long time, not for short-term speculation, and it doesn't matter if the stock price is at a premium.

I can accept $11, so how many voting rights can I get?

More than 20 percent and less than 25 percent. Hutchison also wants to increase its holdings of some stocks, please understand. Li Zeju explained.

Understand. I also support you holding the most voting rights, and I am willing to hand over the company to you for management. I believe in your company's ability.

Then, can the two of us jointly control the board of directors? Those American investors won't do anything, will they? Zhang Yang asked.

What does Mr. Zhang mean, to jointly control with us? But it is difficult for us to get more than two-thirds of the voting rights, let alone such a high shareholding. There are still some people who insist on not selling stocks, unless the premium is particularly high .”

However, we jointly control more than 50% of the voting rights and equity, which is definitely no problem. We have planned to increase our holdings of voting shares by another 5%, which will almost reach 34%. In the future, we will not rule out the plan to continue to increase holdings.”

Including more than 20% of the voting rights in your hands, it is definitely no problem to hold the shares. Many of the remaining stocks are actually mainly in the hands of some investment institutions, and those in the hands of individuals are gone.

During the Internet bubble, the stocks in the hands of individual shareholders had not yet reached the sales restriction period, so they could not be sold, and many people lost everything. Even the founder left sadly at that time.

When the Li family took over last year, they laid off employees, abolished office space, and reduced expenses. Many people opposed it. As a result, a disaster happened, and the stock price, which had just recovered a little, almost fell back again.

Now no one objected to Li Chaoren's management style, reducing expenses was indeed very important.

It’s just that the company hasn’t been able to make money for such a long time. Not only is the company in debt, but it’s also losing money year after year. Some people can’t bear it anymore, and investment institutions also want to stop losses.

After all, last year, many investment institutions lost a lot of money, and they needed funds to keep their main industries.

Okay, Mr. Li, then it's decided. How much money is needed? You can give me the number, or introduce the representatives of those investment institutions to me. I can talk to someone.

I am optimistic about this industry and your company's management capabilities. I think the company's stock price will rise dozens of times in the next ten years, restore the issue price, or even exceed several times.

Li Zeju was a little surprised, Zhang Yang is so optimistic about this industry? Could it be that there is still some potential in this industry that they haven't noticed?

In this way, the company needs to be re-evaluated, or it should increase its holdings some more.

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