Chapter 218 Shareholders Are Afraid
At ten o'clock in the morning, Yang Chen came to Yongkang Pharmaceutical Group.
At this time, the 20% equity of Yongkang Pharmaceutical Group, which was rewarded by the system, was also reminded.
As a foreign vehicle, the guard will definitely stop and ask what's the matter.
Because Yang Chen was driving a Rolls-Royce, the doorman was also very polite.
"Hello, what's the matter?"
Yang Chen reported his family name and said, "I'm Yang Chen, call your secretary of the board of directors, he knows who I am."
"Okay, okay, wait a moment, I'll call and report right away."
After speaking, the guard hurried to the guard room to call and report.
Hearing that Yang Chen was coming, Chairman Chen Yong and Vice Chairman Chen Kang quickly came out to greet Yang Chen in person.
Don't look at Yang Chen's only 20% of the shares, if the general meeting of shareholders wants to pass any resolution, Yang Chen must nod.
The two Chen brothers wanted to have a good relationship with Yang Chen.
If the three of them can stand on the same front, the company will be the three of them in the future.
If Yang Chen doesn't agree with them, what kind of proposal they want to propose in the future, without Yang Chen's 20% equity support, the proposal will definitely not be passed.
The Chen brothers are all in their 50s, and they thought the person who bought 20% of the company should be about their age.
Seeing that Yang Chen was so young, the two of them were a little surprised.
Chen Yong: "Mr. Yang, welcome, welcome."
Chen Kang: "Welcome Mr. Chen to visit the company."
Yang Chen stretched out his hand and shook hands with the two of them to say hello.
"The two are the two chairman of the board. It's a pleasure to meet, it's a pleasure to meet..."
Chen Yong: "Yes, I am Chairman Chen Yong."
Chen Kang: "I'm Vice Chairman Chen Kang. Come, I'll take President Yang to park."
Under the guidance of the Chen brothers, Yang Chen parked the car in their exclusive parking space.
Yang Chen got off the car, and the two hurried up to shake hands and say hello.
If you don't say anything else, just take their attitude towards them, and Yang Chen won't be able to hate it.
Chen Yong: "Other shareholders are waiting in the conference room for President Yang to arrive. Let's go over now."
Yang Chen nodded, and followed the Chen brothers to the conference room.
Seeing Yang Chen's radiant and personable appearance, the shareholders began to discuss in a low voice.
"This is Yang Chen who just acquired 20% of the equity? So young."
"It must be a rich second-generation from which company. Otherwise, he can spend hundreds of millions at such a young age, and he has long been famous in the capital circle. It is impossible for us not to know each other."
"I can't say for sure. I heard that the people who bought the first two buildings of Tomson are very young. They seem to be surnamed Yang. There are still many rich people. Maybe we don't have enough level to contact them, so we don't know them."
...
Chen Yong guided Yang Chen to sit on his left, this was the position of the second largest shareholder.
After that, he introduced to everyone: "Everyone, this is Yang Chen who just acquired 20% of our equity, Mr. Yang. Welcome everyone."
The shareholders immediately applauded enthusiastically. Yang Chen politely stood up and nodded to everyone with a smile, and said, "Thank you. Everyone will take care of you in the future."
After a few chats, the meeting officially began.
The general meeting of shareholders is naturally chaired by the major shareholder Chen Yong.
He first raised the issue of rabies vaccine.
Because five years have passed, the company has invested a total of 1 billion funds, but still has not been able to develop the desired vaccine.
The company has suffered huge losses for three consecutive years, and if it continues to lose like this, it will be forced to delist by the China Securities Regulatory Commission.
Therefore, he asked all shareholders to discuss whether to continue to increase investment, which must be developed, or whether the strong man broke his wrist and stopped at this point.
Shareholders have expressed their opinions.
"We've spent 1 billion in research for five years, and it's a pity to just give up. I support continuing."
"Yes, giving up now means that the past five years have been wasted, and the 1 billion funds have been wasted. I also think that we need to continue research."
"The company urgently needs new performance growth points, otherwise it will be forced to delist next year. There is no sign yet that,
The results of the research will be available within a year. We must act decisively, stop this project, and rush to other projects that can make money as soon as possible. "
"Today's closing, we must issue an announcement to explain why we have been profitable before listing, and have suffered huge losses for three consecutive years after listing. More than 80,000 shareholders greet the eighteenth generation of the company's leadership every day. After such a delay, I dare not stay any longer. The stock in hand has to be sold before the stock price falls to 1 yuan.”
"I'm going to throw it too, damn it, I invested for three years, and finally lost money and delisted, so I can't explain it to the Christians at all. The fund I manage has invested in a total of 20 stocks, other The money made by 19 stocks is not enough for Yongkang Pharmaceutical to lose money. Crap! The research must be terminated immediately and a way to make money must be found."
...
Clearly, shareholders' views are divided into two distinct camps.
Some shareholders are reluctant to waste 1 billion research funds.
Some shareholders do not dare to spend any more.
but.
They are all minority shareholders and have little influence on decision-making.
The key depends on the attitudes of Chen Yong, Yang Chen, and Chen Kang.
Their shareholding ratios are 21%, 20%, and 18% respectively, for a total of 59% of the shares.
They are the key to deciding whether to continue or stop.
Chen Yong smiled and said to Yang Chen: "Mr. Yang, you have heard what everyone said. I don't know what you think?"
Since Yang Chen has Xiaoguang Hospital, he also needs a pharmaceutical company to support him.
In this way, he can achieve the perfect combination of drug development and clinical treatment.
Only in this way can he build a medical empire of his own.
Therefore, what he has to do now is to realize the holding of Yongkang Pharmaceutical Group, not to decide whether to continue or terminate.
Yang Chen: "In my opinion, it's better to continue researching. I've seen the company's financial report. In the past two years, it has lost 350 million and 890 million respectively, and this year is expected to lose 1.05 billion. With all due respect, apart from being acquired by other companies, In addition to seeking large financial support, no matter how hard we try, it is impossible to turn losses into profits within a year. It is impossible to make more than one billion yuan a year just by relying on the current production of cold and fever drugs. The only hope is to make Only when the rabies vaccine is developed and sold to the world at a high price can it achieve the feat of making a profit of more than one billion yuan a year. Do you think I am right?"
Shareholders nodded in agreement.
"I think President Yang is right. Even if we stop the research now, we will not be able to make more than one billion yuan in a year. Instead of this, it is better to go all the way to the dark. If we can develop results, everyone will be happy. Come out, let's wait for bankruptcy and liquidation."
"Cao! We do funds with performance requirements. If we lose money like this, who would dare to buy our funds in the future? If it really goes bankrupt and liquidates, I'll have to jump off the building. No, I firmly disagree with one point. Road to dark."
"After listening to Mr. Yang's words, I suddenly feel that the company has no hope. Or there is only theoretical hope. No, I have to sell the equity in my hand."
"I'm going to sell it too. Now I'm still making money. When the stock price falls below 1 yuan, it will be a loss."
...
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