Chapter 504 Yang Chen's New Plan
The son is being held in the detention center, awaiting trial in court.
Wang Xiaobiao has aged a lot.
After all, there is only such a son. When he is in his 60s, he is so useless when he sees his son, which is a huge blow to him.
However, he has a lot of trouble of his own.
Because the son's crime is too sensitive, it has affected the reputation of himself and the group.
The stock of Wanda Real Estate has dropped by the 10-character limit in a row, and shareholders can't bear it anymore.
All that has been lost is real money. Some people have doubled their profits to a loss of 20%. The losses are very large.
No, the shareholders jointly request to hold a general meeting of shareholders, and they must discuss a good and immediate solution.
At the shareholders meeting, Wang Xiaobiao was the last to attend.
As soon as he took his seat, he said directly: "I know everyone's intention to hold this shareholders' meeting. I can tell you very clearly that the Wangda Group is surnamed Wang, and this will not change at any time. If you think that this If I'm about to withdraw from the situation, then you are all wrong. On the contrary, the more this time comes, the more I won't withdraw. First, I want to stabilize the overall situation. Second, I want Yang Chen to pay the price. If anyone If you are unconvinced, you can sell me the equity in your hand. I will sell the iron by smashing the pot, and I will definitely take over all the equity in your hands. "
Shareholders, you look at me, I look at you, no one is the first bird.
According to their thinking before the meeting, Wang Xiaobiao would either be driven away, or he would make up for everyone's losses.
Now it seems that neither of these ideas is feasible.
Wang Xiaobiao's attitude is so tough, who dares to fight against him, I'm afraid it won't end well.
Even though the market value of Wanda Real Estate has shrunk seriously, there are other industries under Wang Xiaobiao's name, such as business management, property services, etc. These are separate businesses from the real estate business and will not be affected.
Even if Wang Xiaobiao's personal wealth has shrunk to around 80 billion, he is still a super rich man, not something that their shareholders can compare with.
However, among these shareholders are representatives of Haicheng SASAC.
Backed by the Haicheng State-owned Assets Supervision and Administration Commission, he was more stubborn and said directly: "Wang Dong said this to disregard the interests of our investors. We all came in with real money, and now everyone is losing money. Do you think it's appropriate to leave? If Director Wang is so arrogant, then he will buy the equity in our hands at the price before the accident. Our Haicheng SASAC is willing to give up the equity in our hands unconditionally to fulfill Director Wang's great ambition. Wang Dong does not have the courage, then please tell some rules and honestly consider the interests of our shareholders."
Haicheng State-owned Assets Supervision and Administration Commission spoke, and other shareholders became more courageous.
"That's right! We all came in with real money, and we were the ones who made great contributions to the development of the company. Let's not talk about how much money we make, at least we can't lose money. Now each of us If you lose at least 20%, if you lose more, you will lose more than 30%. How do you play? We all came in with hundreds of millions of funds, who can afford to lose so much money.”
"I can understand Wang Dong's mood. But understanding comes from understanding, and it cannot be used as money. If we lose this money, it will affect our performance at the end of the year. The most important thing for us as a fund is the rate of return. Don't talk about helping customers now. We make money, and if we make customers lose money, how can we continue to mess around in the future?"
"I agree with the statement made by the representative of the State-owned Assets Supervision and Administration Commission. Either you spend money to buy our equity, Mr. Wang, whatever you do, we will not ask. Or, you can honestly come up with practical measures to save the stock price.
It's already October, and there's still more than a month before we have to assess our performance. If each of us is losing money, how can we explain it to our bosses and investors? "
...
Facing the "difficulties" of shareholders, Wang Xiaobiao was also helpless.
Of course, he is not unable to afford the money.
It's just that he drained the family all at once, and if he needs to use the money in the future, he can't do anything about it.
Given his current reputation, banks and other parties will definitely not lend him money again.
Therefore, it is not that Wang Xiaobiao can't afford the money, but that he does not dare to spend the money easily.
"It's interesting what you said. It has always been acquired at a 10% discount at the current stock price, and I haven't heard of it being acquired at the highest point in history. If you really sell your equity, I can buy it at the current price. We are not fools. , don't take me as a bully. Okay?" Wang Xiaobiao said angrily.
Shareholders are definitely not willing to sell their shares at the current price.
After investing for several years and losing more than 20%, a fool would be willing.
"Director Wang is embarrassing us."
"Since we can't agree on the purchase price, let's give up this method. As chairman and major shareholder, Wang Dong has the responsibility and obligation to get the company out of the predicament as soon as possible."
"Yes, if Wang Dong has a solution to the current difficulties the company is facing, we are willing to stick to it."
"This is your responsibility and obligation, Director Wang. You can't say there's nothing you can do."
...
This incident was so serious that Wang Xiaobiao couldn't solve the problem on his own.
We can only wait for a long time, everyone has forgotten about this matter, and everything is easy to handle.
"I can't do anything, can you do anything? You can tell me and listen." Wang Xiaobiao replied.
Shareholders were not happy when they heard it.
He is the chairman of the board, and usually he is the master of the big and small things.
Now that the company is in huge trouble because of his son, he actually lets others figure it out.
If others can think of a way, why do you want him as the chairman?
"Wang Dong, this is your job. Usually, you are in charge of some things in the company, no matter how big or small, and you never listen to other people's opinions. Now you are in trouble, and it is because of your son. , you can't put the blame on us."
"That's right. When you can't get credit, you come by yourself. If someone needs to take the blame, you let others come. This is not appropriate."
"If you want you to buy the equity, you make us lose money. Now I want you to find a way to solve the problem, but you say there is no way. You can't rely on you for everything. The interests of our shareholders have to be taken into account."
...
This made Wang Xiaobiao annoyed.
He immediately said impatiently: "I just can't do it. The acquisition of equity can only be done at a 10% discount on the current stock price. You can do it yourself."
Shareholders immediately heated up and talked a lot, but they came to any useful results.
The shareholders meeting broke up without a happy ending, and nothing was achieved.
evening.
The Haicheng government announced plans for the demolition of four communities including Linghua Community.
The announcement clearly stated that the plots of these four communities are the four plots that are matched with the Xingchenwan commercial complex, and the Haisheng Group will bear all the costs.
In addition, the announcement also marked the standard of compensation, which was made public to the whole society.
As soon as this announcement came out, all the shareholders of Wanda Real Estate couldn't sit still.
Because they can see that once these four pieces of land are given to Haisheng Group, the No. 2 plot that they have just acquired at a cost of 22 billion will be completely surrounded by Haisheng Group's commercial complex.
At that time, let alone divert traffic to the Wanda business circle, this community will be completely sealed off, and the house may not be sold.