LATEST UPDATES

Published at 27th of July 2022 06:29:45 AM


Chapter 523: Join hands to make things difficult (please subscribe)

If audio player doesn't work, press Stop then Play button again




Facing Zhang Jun's sarcastic remarks, Feng Hao was very indifferent. Is he still afraid of being questioned when he does things? Afraid of being noticed?

Entered SMIC and acquired a large number of SMIC's shares, causing the price of the stock to rise.

Is it his fault?

Even if it is his fault, he is not the only one who has lost.

"President Zhang, that's not what you said. Maybe Mr. Feng has something to hide!"

Li Jianjun looked at the gestures of the two and instantly understood, this Zhang Jun wants to do something, right?

To make things difficult for Feng Hao, to test its depth!

So he acted as a peacemaker, and immediately persuaded him to speak for Feng Hao.

He sang his face and wanted to pit Feng Hao with Zhang Jun to test his ability.

He wanted to see how Feng Hao counterattacked, whether he was really capable or just a mediocre person.

Zhang Jun snorted coldly and stared at Feng Hao and the related team again, "But such a price is very unfavorable for us to buy equity, and it may lose a lot of benefits. Those small shareholders took the opportunity to make trouble."

They have a lot of equity in Shanghai Industrial and can do a lot of things, but they think of more equity, but they don't want to pay too much.

At present, the share price of SMIC has been raised, and it may be very difficult to obtain more benefits from it.

If Shanghai Industrial spends a lot of money to buy the relevant equity, it is definitely not cost-effective, and it is definitely not what they want.

And the culprit is Feng Hao and Haotian Group, Haotian Venture Capital!

In front of Feng Hao and other Haotian team, Li Jianjun and Zhang Jun were a little excited and wanted to express their opinions.

"Mr. Zhang, Mr. Li, this is our company's business secrets and related decisions, and I can't explain it to you at all."

Facing the suspicion and blame of Li Jianjun and Zhang Jun, Feng Hao still responded indifferently, he did not need to explain to them.

Haotian Group and Haotian Venture Capital have their own plans to decide how to join SMIC and how to purchase equity in the hands of others.

In Feng Hao's view, if the chip manufacturing can be successful, then the price he pays is very worth it.

SMIC is a giant in domestic chip manufacturing. It is currently the most outstanding chip manufacturer. Although it is in the second echelon in China, it can still not be underestimated.

For him and Haotian Group, it is definitely a very good chip manufacturing partner. Since it is impossible to form a new company, he plans to gain enough right to speak and even hold a controlling stake by taking a stake in SMIC.

The contents of these plans are currently being implemented by Haotian, and now it seems that the effect is great!

Haotian Group and Haotian Venture Capital jointly hold 26% of SMIC's equity, and have one of the best voices.

"At present, we Datang Telecom owns 21% of the equity, Haotian Venture Capital owns 19%, Shanghai Industrial 10%, and Haotian Group 7%. In the future, everyone will probably carry out additional expansion. ?"

Li Jianjun's eyes fell on Feng Hao, his face condensed, and he introduced the current equity organization of SMIC to everyone.

Equity is related to everyone's right to speak, and the distribution of interests is a very critical thing, so it is mentioned first.

"Datang Telecom is currently the largest shareholder of SMIC, followed by Haotian Venture Capital, Shanghai Industrial and Haotian Group. Our total equity is 57%, and the rest are basically some retail investors."

The problem left by SMIC is that the shareholding is very scattered, and the number of shareholders is very large.

And all of this really gave Li Jianjun a headache, and even once doubted his ability.

With a lot of equity, it is very difficult to manage, so Datang has been preparing to take the initiative in its own hands.

Datang Telecom has been increasing its capital investment in SMIC, and its equity has expanded from about 9% at the beginning to 21% now, making it the largest shareholder.

Today, they still want to take more equity, and the stock price goes up, which will have to pay a very high price.

And the cause of all this is Feng Hao in front of him, a very hateful person.

Zhang Jun nodded slightly, frowned, and his cheeks froze, "This is the current situation. The number of shareholders is very large, and the price is too high, which directly makes it difficult for us to acquire more equity."

Feng Hao had already made a decision in his heart, and responded with a smile, "It's not up to us to decide the rise of SMIC's stock, and the higher the stock price, the more difficult it is to acquire other shares, so we can't rely on us. As for the latter, how to snap up More equity, it can be seen that each has his own abilities.”

Looking at Feng Hao's expression, Zhang Jun counterattacked, "Mr. Feng, according to your plan, wouldn't it be up to you to decide the future of SMIC?"

Haotian Group's funds are very strong, and they are not comparable to them at all. If they are allowed to enter and exit the stock market, SMIC will definitely be controlled very quickly.

Not difficult!

Enterprises in their system have advantages and disadvantages. The advantages are that they have a lot of background, and the disadvantages are that they are subject to many internal restrictions.

If you want to apply for enough funds to hold a company that is currently unprofitable, I am afraid it is difficult to go to the sky!

"Mr. Feng, this is very insincere. SMIC came first, and you are only a latecomer. Do you want to take the lead?"

Li Jianjun listened to the words of the two, and then looked at the expressions of the two, and couldn't help speaking.

Haotian Group is going to attack the position of the major shareholder of Datang Telecom?

Before that, Feng Hao didn't mean that? !

Did this guy change his mind?

"Mr. Li, President Zhang, market economy, market economy, the state has been advocating behaviors, you will not be unwilling to do so?"

Looking at the gestures of these two old foxes, Feng Hao was not used to it, and used words to scare them directly.

beat him?

Daydreaming too!

"Mr. Feng, some industries and some things can't be solved by a market economy."

In the face of Feng Hao's words, Zhang Jun also responded with a sneer, not losing the slightest.

The key industry of chip manufacturing, which is located in China, is so controlled by private enterprises, he is very aware of this.

Of course, he was still a little uneasy in his heart. Inside the group, his immediate boss had told him to be courteous to Haotian Group by three points!

Li Jianjun: "Mr. Feng, SMIC is not an ordinary company. You and I understand it. Let's be practical. Regarding the equity of SMIC, none of our three companies can exceed 30%."

Feng Hao: "Thirty percent? Too little!"

Zhang Jun: "It's a holding company. Together with the indirect holding company, the total cannot exceed 30%!"

Feng Hao: "Mr. Li, do you mean the same?"

Hearing Zhang Jun's words, Feng Hao turned to look at Li Jianjun and asked him.

Li Jianjun: "President Feng, I mean the same, all of us can't have more than three layers of equity!"




Please report us if you find any errors so we can fix it asap!


COMMENTS