Chapter 1198 [Leveraging strength to fight]
After signing the "gambling agreement", Wan Tao's performance was booming, and the executives also received generous returns as they wished and achieved financial freedom.
But the head of Wanqi thinks this is not good. He is worried that the senior executives will lose their fighting spirit once they get money and freedom of wealth. They must be given a sense of belonging to the cause and the company they are striving for.
As the bonuses obtained from the "Bet Amount Agreement" became more and more generous, the head of Wanbi did this. He implemented a "business partner" operation and established a company called "Yinamine Partnership" " fund requires that no one in the senior management team is allowed to receive bonuses from the "gambling agreement". Instead, they put these bonuses into a pool together. The Silver Amine Partnership Fund is this pool.
Then use this fund to buy Wanqi's stocks. The logic of Wanqi's leader's move is that in this way, the executives will also become Wanqi's shareholders, and they are no longer just professional managers. In this world, working for others is called work, while working for yourself is called a career. Only by doing your own career can you become more and more energetic.
In fact, there is nothing wrong with Wan Da's leader doing this. The "business partner" mechanism implemented can indeed stimulate the team's motivation.
However, the actual situation is that as time goes by, it deviates from the original idea. To put it bluntly, it forgets its original intention and becomes refined and selfish, benefiting itself at the expense of others.
The management team of Wanqi found that it would be unfavorable for them if the company's stock rose sharply, because they needed to use the huge bonuses obtained from the "gambling agreement" to buy Wanqi's stock. Of course, the lower the stock price, the better. The same amount of money can buy The more equity you get.
Therefore, Wandao's senior management team did not want the stock price to rise before buying enough stocks. Even during the catastrophic market last year, the company proposed a "tens of billions of buybacks" plan but was hesitant to buy the shares. Shareholders of the company's stock have not risen in value for several years.
Wan Tao's net assets have actually continued to rise over the past five years, and the management team's business capabilities are indeed outstanding. However, the stock price has been almost sideways for the past five years, which has caused signs of an inversion between the company's net assets and market value. To put it bluntly, this is actually true. Things worth more than 400 billion can now be purchased for less than 200 billion.
This inversion phenomenon has been going on for a long time, and finally the "capital barbarian" Boss Yao is taking a peek. Things that are actually worth 10 yuan can now be bought for 5 yuan. Let me ask you whether you can do this kind of business? Of course it was done.
Boss Yao has been adhering to the idea of "quietly trickling into the village" for the past year, quietly leveraging leverage funds to continue to buy Wanbi's stock. When he became the largest shareholder, he directly showed his hand and asked for the reorganization of the board of directors. Wanbi's high The management team finally realized that some barbarians were coming to steal the house.
Now it has also attracted the intervention of Huayang Group. Qun Xingxing suddenly surpassed Bao Energy System and became the largest shareholder of Wanqi, making this capital drama turn again and making the whole situation more complicated.
But at this moment, Fang Hong took the document in Tian Jiayi's hand, glanced at her and said with a smile: "The gambling agreement I promoted five years ago has never been concerned about it since. What will happen next?" It's up to me, it's up to the executive team, and the choice is theirs."
Fang Hong added: "If they are not greedy, this will be a situation where everyone is happy in both directions. The company is booming and the stock price continues to rise, and we are also happy to see the results. However, they are too self-interested after all. They only think about their own good and do not care about the good of others. , wanting to use as little money as possible to get as much equity as possible, so they deliberately suppressed Wanbi's stock price to the floor price for many years, which also attracted the prying eyes of Boss Yao, and ended up in this situation, haha …”
At this time, Tian Jiayi asked with confusion: "As things have progressed to the current situation, do I think we have lost more than we gain? Now you have also been labeled a 'barbarian', and Wan Tiao has become the object of sympathy." ."
As soon as he said this, Fang Hong said with a somewhat sarcastic tone: "Do they still have the nerve to gain sympathy? Are they both serious and independent? That's it. You can make arrangements later and put the Silver Amine Fund on the hot list so that everyone can Look, let investors and shareholders who bought Wanqi take a closer look at why the stock price has not risen in the past few years, who has prevented Wanqi's stock price from rising, and who is most beneficial to Wanqi's stock price not rising."
Tian Jiayi nodded and made a memo, then looked at Fang Hong again and asked, "Are you really planning to take this opportunity to win over the company?"
Fang Hong said with a smile: "If we want to make a clear effort in this direction, it's best if we can win it. It doesn't matter if we can't win it. What I'm interested in is not the company itself, but using this incident to ask for interest from those people. That's also true." Give them a blow. They want to label me a 'barbarian' and want public opinion to turn against me... Let's see how I can turn the tide."
After saying that, Fang Hong turned on his computer and logged in to his personal Weibo account, and then began to quickly edit text to prepare a Weibo update.
…
At the same time, the big guys of that group were sitting together and discussing.
In a small room, one of the middle-aged men frowned and said: "You said that Qunxing intervened in Wanzi's matter, and Fang Hong just wanted to come in and make a fortune? This is indeed a piece of fat, but I I always feel it’s not that simple.”
In the past year or so, Qunxing Capital has actually not had a strategy for Wanqi. The last strategic operation of Wanqi's stock was in 2011. Since then, it has neither sold nor increased its holdings, and its shareholding has remained at The ratio of 4.86% has not changed.
However, Huayang Group is deeply involved, and this year it has intervened in a large way. Because of Huayang Group's iron-clad relationship with Qunxing Capital, the outside world naturally regards it as Qunxing Capital, and then Wanqi's largest shareholder becomes It became a galaxy, and then used this to label Fang Hongye as a "barbarian".
At this time, a young man knocked on the door and reported: "Fang Hong just posted a Weibo on the Internet, and it was related to Wan Ta."
A man sitting in the room immediately asked: "What did you say?"
The man who came to report handed over the documents he brought with him. He directly printed out the content of Fang Hong's Weibo and made several copies. Everyone present looked down at the piece of paper in their hands. document.
Astonishingly, this is what Fang Hong just posted on Weibo:
[A peculiar phenomenon of A-shares is not that the current stock market is so bearish, nor that it has been difficult to break through 3,000 points in twenty years, but that there has not been a single case of hostile takeover in so many years. Over the past 20 years or so, thousands of listed companies have not had a single hostile takeover since their opening. This is a global wonder, and it puzzles me.
Without a hostile takeover, it would be a paradise for short selling; without a hostile takeover, the actual controllers of listed companies would dare to maliciously short their own companies without any worries.
But if there is a hostile takeover, will the actual controllers and major shareholders of listed companies dare to borrow securities so wantonly to short their own companies? He has to worry about the cost of playing with fire. If he is really targeted by the so-called "barbarians" and acquires the company, he will have to be kicked out. Naturally, he will not dare to play like this.
Now Wan Tao is facing a hostile takeover, and it is expected to be the first incident of hostile takeover. Some people say that I am a "barbarian", so let's be a "barbarian" openly. 】
Finally, another middle-aged man in the room twisted the page of A4 paper in his hand into a twist, and said with a gloomy face: "So that's it, Wan Dao is not his focus at all, but uses Wan Dao to gain strength. , his real purpose is actually to target us."
...(End of chapter)
