Chapter Five Hundred and Eighth Shareholders Force the Palace Wang Xiaobiao

Late at night, Wang Xiaobiao once again held an emergency video conference for shareholders.

At the very beginning, the shareholders hurriedly asked Wang Xiaobiao questions.

"Director Wang, what should we do now? Why didn't we receive the news in advance?"

"It's clearly Yang Chen and the Haicheng government teaming up to make a deal for us."

"Which well-known real estate company has a debt ratio of no higher than 100%. Once this rule comes to pass, we are completely out of business. Let alone bidding for those four communities, we spent 22 billion auctions on the No. 2 plot. Not eligible to develop."

"Yang Chen is too ruthless, he doesn't give us a way to survive. If we really want to strictly implement the 80% asset-liability ratio standard, then the 22 billion we just spent will be wasted. Surrounded by Sheng Group's projects, no other company would dare to accept it."

"The company's stock has fallen by 80%. In the last month, there has been no red market for one day. Either the limit is down or it is close to the limit. I'm already numb, but Wang Dong, you can't be numb. You really have to come up with a solution at this time. Let's solve the problem."

"Director Wang, originally we didn't want to tear you apart. But now we can't do anything about it. If you can't think of a solution, then please sell your equity and leave the company. If Director Wang knows how to advance and retreat, please take the initiative. If you don’t take the initiative, then our SASAC can only help you take the initiative. You can transfer assets abroad, it can be big or small, you should understand this.”

The other shareholders immediately dared not speak.

In fact, this is what they are saying.

They do not deny Wang Xiaobiao's contribution to the company.

But the past is the past and the present is the present.

He made a contribution and got a huge fortune, and the company didn't owe him anything.

Now, because of their father and son, they have brought disaster to the company.

If he can't solve the problem, he can only leave.

There is no reason for so many people to accompany him to lose money with real money.

The 120,000 shareholders of Wanda Real Estate have an average loss of 58,000. This loss should be borne by him.

As long as other shareholders now contact those retail investors, they can claim against the company.

The responsibility for the sharp drop in the company's stock price lies entirely with Wang Xiaobiao and his son, and they should bear all the consequences.

Of course Wang Xiaobiao understood this, so he did not dare to bullshit the shareholders.

"The company belongs to everyone, and you are also shareholders. You can't rely on me for everything, and you have to bear the corresponding responsibilities. Therefore, it is necessary to find a solution. But I can't be the only one who thinks about it, you also have to think about it." Wang Xiaobiao Said a little unconfidently.

Anyone with a discerning eye can see that this matter cannot be resolved.

Unless the Haicheng government can be persuaded to withdraw that document and cancel the 80% asset-liability ratio red line standard.

Otherwise, no one can think of a solution.

What the shareholders wanted was to let Wang Xiaobiao leave the company and sell the equity in his hand to Yang Chen.

As long as Yang Chen becomes the company's major shareholder and chairman, he will definitely not attack Wanda Real Estate again.

Both of these methods are difficult to implement, and shareholders are not afraid to propose them easily.

At this time, everyone can only expect the representative of the SASAC to speak.

The representative of the SASAC is also relatively bold. After all, he represents the Haicheng SASAC, so there is no need to be afraid of Wang Xiaobiao.

"Wang Dong, I have two options.

First, you go to the city government to intercede and ask them to take back that document. However, this approach is clearly unlikely to be achieved. Once the red header file is sent, it is almost impossible to get it back. Moreover, the state is now also intending to control the real estate industry, and it is indeed the general trend to set a red line of 80% of the asset-liability ratio. If I didn't estimate the error, it won't be long before the whole country will follow up. The second method is to ask Wang Dong to focus on the overall situation and sell the equity in his hand to Yang Chen. As long as Yang Chen becomes the chairman and major shareholder, he will show mercy to Wanda Real Estate. Apart from these two solutions, I can't think of any other solution. Of course, if Wang Dong can repay 562.5 billion bank loans within two days, all problems can be solved. Can Wang Dong do it? "

Wang Xiaobiao was immediately furious and said, "What do you think? Wanda was founded by me, and it took more than 30 years of hard work to get it to where it is today. You actually told me to sell the equity, and still sell it to Yang Chen, you guys Did you forget to bring your brain when you went out? Huh?"

Since the representatives of the SASAC have put forward the solution, other shareholders are not afraid.

Now they are going to join forces to force the palace and force Wang Xiaobiao to go down.

"Director Wang, the fact that the company has reached this point is entirely because of your father and son. Every step Yang Chen takes is aimed at destroying our company. But you have no solution, there is no reason for us to give it to us. You are buried with me!"

"Yes. You directly or indirectly hold more than 50% of the shares, we all know that. But if you violate the securities laws and other legal provisions, we have the right to apply to the Securities Regulatory Commission to force you to sell your shares. We are discussing it with you now. If you can take the initiative, we don't have to go to that step. If you insist on doing this, then we can only tear our face. The king and Laozi can't let our company invest in the three Billion hits the water!"

"My attitude is the same. Either Wang Dong solves the problem, or you quit voluntarily. Otherwise, we can only say sorry, and you have torn your face with Wang Dong!"

...

Facing the coercion of shareholders, Wang Xiaobiao was helpless.

But that doesn't mean he's going to give in.

Again, the company was founded by him, and after more than 30 years of hard work, it was impossible for him to give up control of the company so easily.

"I understand your attitude. To tell you the truth, you have disappointed me too much. Over the years, I, Wang Xiaobiao, have brought more than 20 billion dividends to the company's shareholders. It's fine if you don't appreciate me, and now I meet a little bit Difficulties will force me to hand over control, and it will still be handed over to my mortal enemy. Hehe... You guys are really good. It's only profit, so you can show your best performance." Wang Xiaobiao sneered.

Shareholders don't care.

Real money and silver are the real business, who cares about his ridicule.

"If Wang Dong feels more comfortable, you can mock it casually. As long as you feel comfortable, you can sell the equity to Yang Chen."

"Looking at the fact that we have been respecting Wang Dong for so many years, I hope Wang Dong will not force us to take an irreversible path. Let go, this is the best way now. To you, to us, It is the best choice for the company and for everyone.”

"If Director Wang is willing, I will call Yang Chen now. In the name of Haicheng State-owned Assets Supervision and Administration Commission, I invite him to go to the company tomorrow to attend a formal offline meeting. As long as Director Wang is willing to sign up to give up his equity, we promise to give you a good deal. Price. Purchase your equity at a price that is 20% higher than today's closing price. If Yang Chen is unwilling to pay this price, the difference will be borne by our shareholders. As long as you are willing to give up. Do you have any opinions?"

"No opinion! In this way, I only have a few million more, which is better than a few hundred million."

"Yes, I would too. I just want to get out of it now, and I don't want anything else."

...

These shareholders are very smart. They know that as long as Yang Chen takes over Wanda Real Estate, the company's stock price will definitely be several times higher.

Haisheng Real Estate, Yongkang Pharmaceutical, Runhai Photovoltaic, Xingyi Entertainment, etc. under Yang Chen's name are all very good proofs.

Since he took over the companies, their stock prices have risen at least five times.

So, each of them has a few million, or even tens of millions, what is it?

If Yang Chen can quintuple the share price of Wanda Real Estate, they will make a lot of money.