Chapter 276: Propose NetEase to Add Independent Directors

"what's the situation?"

"Someone picked peaches ahead of time?"

Seeing that there were no more stocks sold by retail investors in the secondary market, Duan Yongping knew that some people had already entered the market in advance.

"Boss, are you still going to buy it?"

"Don't buy it?"

Although it is still possible to buy some stocks with more money, but at this time there is not much meaning.

If you want to sweep the stock market, there must be a large number of retail investors selling.

In other words, if you want to buy, there are also people who have to sell.

If there aren't many people selling to you, then the price of the stock will go all the way up.

Most of NetEase's stocks are in the hands of major shareholders, and it is impossible for these stocks to be traded. Just like Ding Lei's stock, as the founder of NetEase, no matter where the stock price falls, he basically will not sell it. Then, the ones who can sell are some institutional investors, small investors, and retail investors.

But these investors don't have much stock, and if someone swept the stock in advance, they won't have your share.

If you force another scan, even if you drop 1 million in, it may cause NetEase's stock to skyrocket, and you won't be able to scan the goods at all.

"Ding Lei, someone swept your NetEase stock in advance."

"Ah, no, who is scanning the goods?"

"I'm investigating, I believe it will be found soon. But that person is amazing. I guess he has already swept about 5% of your shares in NetEase."

"Are you going to be raised?"

"It's possible, hopefully the investment firm is just trying to make some money."

"I also hope that."

Ding Lei's heart was up and down.

At the same time, he also sent people to find out who bought their NetEase shares.

In fact, Ding Lei has some things that he can't figure out.

In the Internet bubble, no bold investor dared to invest in Internet stocks.

Including Buffett, he has repeatedly stated that it is temporarily impossible to invest in Internet stocks.

Since even the famous Buffett is afraid to invest in Internet stocks, some other investors are even more afraid.

However, there is no need for Ding Lei to check anything.

Just the next day, the Nasdaq released the news.

[Universal Capital's acquisition of NetEase shares has reached the limit of 5%]

According to the regulations of the stock exchange, in order to protect the interests of investors, any investor who acquires 5% or more of the company's shares must raise a placard, that is, report to the stock exchange.

This Huanyu Capital is a wholly-owned subsidiary of Mainland Huanyu Technology.

"Mr. Chen, the task has been completed, and 5% of NetEase's shares have been acquired."

"Okay, can you charge more?"

"I can't take it anymore. At present, NetEase stocks are relatively concentrated. Most of the stocks of small investors have been swept away. It is not meaningful to buy again, and the cost is too high."

"Okay, issue a notice to the outside world, and initiate an extraordinary general meeting of shareholders to NetEase."

Once an investor's shares reach 5% or more, the investor has the right to initiate an extraordinary general meeting of shareholders to the company.

"In addition, publicizing the acquisition of 5% of NetEase's shares by Huanyu Technology,

The more people know, the better. "

"Yes."

Chen Yu's acquisition of 5% of NetEase's shares is not to control NetEase.

5% of the shares can control a fart.

However, 5% of the shares are used just right, but there are four or two wonderful effects.

For example, holding an extraordinary general meeting of shareholders and proposing to add independent directors.

Although independent directors cannot influence the company's resolutions, they still have to vote according to the number of shares.

However, the opinions put forward by independent directors can be used by other shareholders for reference.

He can agree or disagree.

If it is an ordinary investor, he certainly cannot influence other shareholders.

But if it is Huanyu Technology, it is not necessarily.

Under Chen Yu's arrangement, the news that the subsidiary of Huanyu Technology acquired 5% of NetEase's shares and proposed to hold an extraordinary general meeting of shareholders instantly made the industry boil.

[Huanyu Technology holds a 5% stake in NetEase, and NetEase's future decisions may be affected. 】

[Huanyu Technology proposes to add independent directors, will the NetEase board of directors approve it? 】

[The NetEase model has been tested, will ordinary investors choose the NetEase model or the Universal Technology model? 】

[Ding Lei holds 45% of the shares, Ding Lei may not be able to fully control NetEase. 】

[The independent director's proposal cannot be passed, but Universal Technology has won a big victory. 】

[Huanyu Technology’s game profit is 4 times that of NetEase’s game, and the minority shareholders agree with the Huanyu Technology model. 】

In terms of popularity, NetEase is more famous than Huanyu Technology.

But in terms of games, Huanyu Technology beat NetEase in seconds.

NetEase only has one big story, Journey to the West, that it can handle.

But Huanyu Technology has a legendary world, in addition to the legendary world, there is also a bubble hall.

In addition to Bubble Hall, there are more terrifying YY games.

Moreover, Huanyu Technology recently also wanted a Fantasy Westward Journey that is about to go on sale.

None of these games can be compared to the Westward Journey.

Although Huanyu Technology has only 5% of the shares, many investors really recognize the concept of Huanyu Technology.

At this time, an extraordinary general meeting of shareholders was held, and thousands of small and medium shareholders were eagerly waiting, and said that they would cast a vote for Universal Technology.

"Chen Yu, you are amazing."

"Mr. Ding, what did you say?"

"Chen Yu, make a deal and give up the independent director proposal?"

"Mr. Ding, we bought 5% of your shares because of the growth of your NetEase, really."

"Chen Yu, there is no need to detour."

Huanyu Technology suddenly resorted to a killer move, but it scared Ding Lei enough.

Especially when this guy was hyped on the Internet, a bunch of small and medium investors have a good impression of Universal Technology.

If this really makes him hold this shareholders' meeting, he may not be able to affect NetEase in the short term, but it will definitely be a scourge in the medium and long term. Feeling helpless, Ding Lei found Chen Yu immediately.

"Chen Yu, do you make an offer?"

"Mr. Ding, what conditions can you come up with?"

"Let's pretend that Fantasy Westward Journey did not happen, but we must buy back your 5% shares."

"Mr. Ding, you NetEase don't have much cash flow right now."

"You don't care about that."

Ding Lei did not answer Chen Yu's words.

Their NetEase does not have so much cash flow, but Duan Yongping has it.

Ding Lei did not believe in Chen Yu, but he did believe in Duan Yongping.

"Sorry, I don't want to."

Chen Yu shook his head: "First, I'm really optimistic about your NetEase. Can I just invest and make some money?"

Chen Yu smiled.

Although he wants to deal with NetEase, this investment is also a hugely profitable business. Why should he buy it back for NetEase?

"However, you can rest assured that my proposal to hold a general meeting of shareholders will not interfere with your NetEase. As long as NetEase's stock price rises to a certain level, I will sell these shares."

"really?"

"I think I'm still talking. But before I sell these shares, I think it's better for the two of us to stop. I'm not afraid of anything, but I'm afraid that you are always worried that I will threaten you again, Mr. Ding. what."

"make a deal."

Ding Lei left without looking back.

The next day, NetEase held an extraordinary general meeting of shareholders, and the proposal to add independent directors was rejected.

On the other hand, Huanyu Technology’s own Fantasy Westward Journey has officially launched an internal test.

The battle between Huanyu Technology and NetEase, as Duan Yong commented, is just a small episode.

After the storm, stop for a while.

As for whether there will be another wave in the future, it is a matter of the future.