Fang Zhuo made his words clear, and the atmosphere in the board of directors became tense.
Xiong Xiaoge’s face was calm, Goldman Sachs Yassen, and DCM Denton’s faces showed anger. Even Deutsche Bank’s Chelsea, who worked closely with Ice Core, frowned.
Fang Zhuo raised a cup of tea and let everyone digest the information.
He felt that it was not too outrageous to ask for money unexpectedly before going public. Not to mention, both Dongzi and Leizi had done this.
Dongzi forcibly acquired US$600 million of the company's equity before going public. Leizi was unknowingly rewarded with 10 billion options before going public. I'm not asking for money for myself. What's wrong with the company financing you again?
Isn’t it all for the development of the company?
Although the valuation is a bit high, the rationale is clear. It is not going to be listed immediately this year. You will all understand it when the market value of the leading company increases.
Fang Zhuo put down his tea cup and glanced around at the directors present.
Xiong Xiaoge coughed, and before he could speak, he received glares from Yassen, Chelsea, and Denton.
The seven people left the office, but there was no company team waiting inside.
DCM's Fang Zhuo's Chinese was even worse. He immediately understood his comrade's intention and helped him scold him: "Supporting a tiger!!"
The eight people looked at Mr. Xiong’s appearance and still thought I was being pretentious.
Complexly speaking, Lowman Sachs' business in China has been raided by local snakes.
Regarding this desire, the eight shareholder institutions did not seriously discuss it when they met and communicated. They believed that today, no matter what, Bingxin needs to be delisted.
Xiong Xiaoge jumped around, feeling that both sides were looking for trouble.
Within a year, low-level executives like Hu Zhengming, Qiu Ciyun, and Liang Mengsong had worthless options, and a small number of employees were waiting to be cashed out.
Xiong Xiaoge stood up helplessly and was about to leave the conference room.
Members of the Low Sachs team on this trip reported that Shanghai TV broadcast a scene of Mr. Fang and his leaders inspecting the ice core production line in Zhangjiang!
"It's useless for them to ask you to leave. You are a minority shareholder of Bingxin and the chairman of Bingxin." Gu Yi sat down helplessly, "What did they ask you to say..."
The group of eight fell into silence again, probably unsure of their strength in the face of intimidation.
"There has to be an explanation!" Denton insisted.
Xiong Xiaoge glanced back, and the eight people opposite him continued to glare at him.
Yes, the nights are long and the dreams are few, this is how you know what kind of changes it is.
"Mr. Fang knows where to hold the meeting outside the factory. You must be unsure."
IDG also wants to delist.
With just one investment in that round, the profit was immediately reduced to single digits.
Goldman Sachs Chiasson, who has always been relatively reticent, suddenly said whimsically: "You know how to stand in, right?"
Whether or not the eight-member organization commented on the advice from Xiong Xiaoge, no matter what, they just stayed with it and were always willing to do so.
Xiaojia has done his homework since he came here, and he didn’t understand anything about the previous Connors. After hearing about the designs and tacit understanding of the last two financings, he has already established a defensive line in his heart. How can he be shaken by eight or two sentences?
.
Denton said angrily: "Why did it start! The leader of Ice Core gave another way.
Bingxin's non-core factory area is open to institutional shareholders, but Qiu Ciyun, Liang Mengsong and the lower-level officials had no time to deal with that group of people, and allowed us to visit Bingxin and continue to visit the semiconductor lowland.
Denton felt his temples twitching when he heard those words. He suppressed his anger and said, "Mr. Fang, you must express your low attitude. The delisting of Bingxin should be a condition for financing."
The eight people determined the Juche idea and fed back the situation there to the company.
Xiong Xiaoge estimated that Fang always wanted to kill those eight people, so we still had to talk. I took out my mobile phone and dialed Mr. Fang's number, but the phone was turned off.
"Yes, yes. Since they know what kind of person I am, why are they still taking chances?"
Hey, yes, you are always talking for them, so what are you doing?
Xiong Xiaoge hoped that the negotiation would be successful. Even if he cut off some flesh, it would be fine. I was like the other eight families. Cutting off flesh would be life-threatening.
"You need dialogue to resolve that issue, but you're turning a deaf ear." Denton expressed his attitude.
When Gu Yi thought of Mr. Fang's tone, she couldn't help feeling angry and stared at Xiong Xiaoge.
He murmured a little in his heart, those words were on the side of Low Sachs and us.
Deutsche Bank said hello that time and directly asked Denton: "Did Low Sachs refuse to delist Ice Core?"
What's hateful is that the man named Fang just slapped his ass and left, and even my secretary disappeared immediately. He really just cares about himself, right?
Deutsche Bank glanced at the vice president of DCM, reached for the nameplate under the table, took out the pen, and
"Chu, I'm going to answer you too! What are you doing!"
At 8:17, the closed-door meeting was held again as Gu Yi entered.
"Mr. Fang insists on showing off to you, so let me show off. When I get emotional, you can talk about that matter again, and let it end like that." Denton expressed his thoughts.
The morning was very busy, and the evening meal at Bingxin Canteen was also delicious.
Deutsche Bank continued to nod, but Lao Xiong was not good at what he said. Denton was knowledgeable and pointed out: "It's not easy to believe yet."
You must be scared by the old devil!
Xiong Xiaoge pondered for a while: "Mr. Fang, Xiaojiadu ended its investment in ice cores in 2003. No matter how ups and downs those years were, your cooperation has been going on. He also used Qi Qi, which is fine.
OK?"
I waited for a response and then disappeared out of sight of the seven directors.
Gu Yi felt relieved and simply started to argue in English.
When people are in Shanghai, time is suffering.
The most important thing is that from the corner of my eye, I saw Mr. Fang looking at me after hearing those words, and suddenly I didn’t feel any stress. Who was the board of directors trying to hold down in that meeting...
"Then it will be the seventh board meeting..." DCM's Fang Zhuo still had an unrealistic feeling.
Gu Yi was afraid that the meeting would be as quick as the next one, so he expressed his position intuitively and just said: "Mr. Fang, when it comes to discussions related to the fate of the company, you are very casual. Do you think it is just a few of you?
It’s not unfair to talk about it.”
Xiong Xiaoge estimated that Mr. Fang had exactly that plan. Otherwise, like SMIC, I would have made Ice Core delisted in Hong Kong or the United States two years ago. Now is the time to weave a network of interests.
I am in Shencheng and I am in Luzhou, who will show it to me?
The group of eight members of the organization went from one silence to another.
I looked at Gu Yi from Low Sachs and said succinctly: "Since Low Sachs is focused on delisting the market, I will treat it as if you said nothing this time and break up the meeting."
Yes, as I said, I was just playing tacit understanding that time, and I got a clear card. Fang always needs money, so IDG will pay some. If it needs financing, I will continue to wait.
Deyin ignored it and just stood up and walked inside.
Even within ten minutes, representatives of two European private equity firms, QT and MNG, left the conference room at Hang Lung 23 in a hurry.
"okay."
Seeing that I even shouted "Mr. Xiong", Xiong Xiaoge rolled his eyes and replied: "The meeting has started, let's go back to the capital."
Even with Yike, Mr. Fang couldn't reach the ice core with his own methods.
After a long while, Fang Zhuo said vaguely: "Things are all discussed."
Fang Zhuo almost cursed, your surname is Xiong, not a dog raised by Mr. Fang!
The current status quo of investment in Bingxin by Low Sachs, Gu Yi, and DCM is probably due to his surname Xiong!
Gu Yi was irritated and stood up: "What's his dog's name outside? Just him, Xiong Xiaoge..."
However, Gu Yi, who was in a low position, was shocked by the head of IDG. I hadn't decided that the meeting was not a tacit understanding between the two of them. He smiled and said: "Oh no, Mr. Fang insists on doing things so well. This is the next step."
Market, look at Bingxin's employee options. They are all stuck and have been cashed out!
He ignored the strong emotions of these three people and still insisted on expressing his opinion: "Bingxin must be listed. Since it needs funds, of course it can obtain more funds to support development if it is listed. Mr. Fang, tell me, is this the reason?
?”
Anyway, it's not communication that's smooth.
Eight seconds ago, I realized that the battle was over, so I had to give up my plan to fight one against eight.
Even if they were glaring, they were glaring at this person named Fang!
Denton of Low Sachs said sarcastically: "Mr. Xiong now holds IDG and is very proud of it. Since Mr. Fang needs money, I helped him acquire IDG. If he has spent the US$1.5 billion now, how can it be true?"
Are they all small?"
Whether Xiong Xiaoge did something extreme or not, I knew that I still had to play a supporting role on that trip, and communication with the eight people was also a part of it.
The global consumer electronics market is growing fiercely. Yike Mobile has firmly established itself as a front-line domestic industrial chain, which can at least be linked around ice cores, and its talent team has also attracted a large scale...
In the evening of October 11, seven institutional shareholder teams from Bingxin arrived in Shanghai.
What do you mean, Gu Yian didn't show any concern in front of her, but just stayed there? All the talk in the scene came out?
I'll stand in for P, Mr. Fang hasn't been busy with anything else yet...
Even if you know the past between Gu Yian and the mysterious man, you still know the relationship between the two if you look at who is the investor in the reverse takeover of IDG Group!
That became the "Bingxin Shareholders Meeting".
Chiasen and Fang Zhuo both nodded, their stances were very serious.
Hearing this, Xiong Xiaoge asked as a reminder: "Let's talk about financing first?"
The foreigner is familiar with the place. Mr. Fang turns off his phone. Where can I find him?
I waved my arm: "Does he really think Mr. Fang did what he did? Who am I? You are here for a conversation today! You are here to vent your anger!"
"Seeing that you are useful, to be honest, you didn't cut me off that time, and you even knew that I left Luzhou." Xiong Xiaoge said, "I am a nobody, and you are just a big investor. Everyone,
wake up."
Deutsche Bank looked back: "Are they refusing? Is this just consolidation, or is it enough? In the past, if you wanted to delist, you would go to Lowe Sachs. Now they are coming to you."
Secretary Liu Zonghong even placed a nameplate saying "Ice Core Board Meeting" under the table in the conference room.
I immediately said: "Fang always divides you and wants to deceive you. My intention that time was too obvious!"
I looked anxious and poured out the bitter water: "Mr. Xiong, it's you who made things difficult for him. You came all the way here for this meeting. You worked hard to withstand the pressure for 7 years. Mr. Fang just dismissed you with these few words.
?I also scared you, and said it was a meeting, and I compared my feelings with my own. What did he say about you directors?"
My voice was low and my speaking speed was slow. At one point, both Denton and Fang Zhuo interrupted me.
"Do you need to call Luzhou State Investment Investment Co., Ltd.? I can't arrive very late. You can still hold the shareholders' meeting later in the evening." Deutsche Bank tapped the table with his index finger.
The eight-person team of the organization was shocked by the fact that the management would always stop the delisting of the ice core. At the very least, I would not be able to delay it for a few more years based on the current situation.
The eight institutional shareholders worked together to glare at Xiong Xiaoge.
What's more, if the research and development of ice core technology is blocked and encounters any obstacles, the cost will be even smaller, and you may even be trapped.
"Let's estimate it at US$10 billion." Gu Yi reported a figure.
Xiong Xiaoge was angry and continued to be angry. He pointed at the vice president of Low Sachs and said: "Denton, he wants to push things to a more exciting stage! He wants to delist, and he wants to get money. What else do you want from IDG?"
I’m getting money! I, DCM, can still get money! I, Goldman Sachs, still want to get money!”
De Yin watched with warm eyes, the reason was that and the words were very pleasing to the ear.
"Go to Shanghai, find Mr. Fang, and meet and chat." Fang Zhuo from DCM proposed the next step that must be taken.
I got up and left, and the very unpleasant seventh board meeting of Bingxin began. Oh yes, it was Bingxin's first shareholders meeting.
The meeting between Hang Lung 23 and Luzhou is obviously the same.
Denton suspected that Mr. Fang would just leave like that, so he resisted the urge to stay.
"He asked Mr. Fang to come over and you can talk about it later." Denton made a request.
I always feel that the first time is not over yet, but in a blink of an eye it becomes the seventh time!
Xiong Xiaoge slammed the table and said angrily: "If you make more money, you can kill them!"
Deutsche Bank brilliantly asked: "What do you mean?"
Look at the medical department on my hand. This is a project that takes longer than ice core.
Moreover, for Bingxin, although the current development is bad, there is always risk, which is a major factor in the market. Of course, institutional shareholders hope to delist and leave the market as soon as possible.
Denton asked: "How to estimate?"
"Perhaps I went to report to the boss to report the situation." Xiong Xiaoge was a little calm and gave a guess.
However, there are still no serious people to pay attention to it.
Fang Zhuore from DCM said with a smile: "What are you pretending to be? Who knows that he is Mr. Fang's entrustment?"
Fang Zhuo nodded slowly, Lao Xiong was fair.
"Loss Sachs refuses to be delisted! Lows Sachs refuses such financing!" Denton protested weakly, "It is completely unreasonable to focus on conventional financing! Lows Sachs absolutely refuses!
"Am I really going to leave you out there??" Denton was angry but also looked weird.
"Fang always informed me of my decision, and he was discussing it." Xiong Xiaoge advised the eight directors, "I am sure that the negotiation was successful. It took a lot of effort in a short period of time."
Those two private equity firms were too high-profile, but Fang Zhuo believed that the small firms should have a common position.
Gu Yian's English quarrel skills are also very good, and she is not timid at all in a one-on-one relationship.
Denton of Sachs looked at Xiong Xiaoge and expressed his opinion: "There is no reason or necessity for ice core to be taken off the market."
"Mr. Fang is able to do things perfectly. Do others know about it? Do they still know about it?" Xiong Xiaoge said condescendingly, "Or Gu Yi is in charge of China's business, so he knows where it is.
Case?"
Xiong Xiaoge spread his hands and tried to leave.
I'm not worried that I really messed up that thing. I'm afraid this is the kind of person who can be ranked among the world's richest people.
Gu Yi'an pondered for a while and estimated whether the real situation was different or not, so he agreed to the "coercion".
The conference table in that conference room was small, but two aquiline noses sat on the seats next to Deutsche Bank, one on the right and the other on the left.
It was late at night. Xiong Xiaoge contacted Mr. Fang’s secretary that time and confirmed his visit to Hang Lung 23 on the seventh day. Then he was told that Mr. Fang’s schedule was full and he could only find time to hold the seventh meeting in the morning of the 13th.
Ice core board meeting.
Liu Zonghong faced Mr. Xiong's doubts about that action and explained with a smile: "You did it next door casually, so there must be no sense of ceremony.
Xiong Xiaoge simply went on and directly asked the eight people in Gu Yi: "What do they think?"
Fang Zhuo changed his mind, but at least the dog knew Mr. Fang's truer thoughts.
After spending two days of thinking, communicating, and hesitating about positions, at 8 o'clock in the morning on the 13th, Bingxin's seventh board meeting was held at Hang Lung 23.
It's the same thing. If you want to be delisted, you have to cut off the meat.
"If they want to drive, they can continue to drive." Xiong Xiaoge took two steps and said, "Anyway, what you heard is that you are worried."
Fang Zhuo suddenly had a bad feeling in his heart. Do these two families completely agree with Mr. Fang? Isn't there something like a concerted action agreement?
The money has not been trapped by the ice core yet, but it needs to be entered and exited.
Although the shareholder meeting will definitely increase the number of absolute parties like Luzhou State Investment, there are still no two European private equity firms.
Xiong Xiaoge writes that he will be able to see ice cores being taken off the market before he is alive.
Deutsche Bank looked at the expressions of the eight directors and changed his tone: "As the saying goes, we are on the same road and we are working together. If they insist on delisting, put it aside in advance. You should focus on finding a consortium to hold their shares.
When it comes to acquisitions and valuations, it’s important to give a nice number so that the company doesn’t look bad in the first place.”
But I also got the old devil’s approval!
On the morning of the seventh day, there was suddenly no news from Mr. Fang!
Xiong Xiaoge confirmed the arrangement by telling the eight directors, because we were listening nearby.
Denton, Chiasson, and Fang Zhuo looked at each other. The decision of a person like Mr. Fang seemed to be made by a dog.
Xiong Xiaoge thought that after saying these words to show his position, he would be able to bring about some reaction, or ease the current tension and stiffness, but he did not expect that the three people opposite him were still glaring at him.
"If the report is low, they think it's too low! If the report is high, they think it's too high!" Gu Yi suddenly changed his face, "They are not sincere and just do things! We can talk about anything, and there is nothing bad to talk about!"
Denton walked slowly around behind Xiong Xiaoge, and when DCM's Gu Yi and Goldman Sachs' Chiasson saw this, they also stood up and blocked the way.
In closed-door meetings, anything can happen, and bad guys will suffer the consequences later.
Gu Yi immediately said: "It's possible, Mr. Fang, it's possible! It's too high!
There was talk all night, and there was still talk on the afternoon of the seventh day.
Deyin looked at the other two people and called them by name: "Chiasen, Fang Zhuo, do they mean the same thing?"
That question hasn't even been answered.
Denton laughed angrily at those words. Was it Low Sachs that was preventing him from delisting?
Goldman Sachs' Kiritani Hiroshi listened to the small quarrel among the eight directors and was not too eager to make a move. However, considering the cooperation with Bingxin in Germany, he still had concerns and only silently cheered his comrades with his eyes.
"Who said it is?" Xiong Xiaoge nodded in agreement, and said reluctantly, "The problem is that it is useful to tell you."
Originally, if Bingxin was taken off the market, it would definitely be able to sustain a market value of 18 billion. A rough calculation of the eight companies leaving the market would result in a profit of at most 12+ billion US dollars each.
"Then how to have a conversation? Mr. Fang has already said that if the market is over, just ask them about the stock market." Xiong Xiaoge helped the vice president recall Mr. Fang's decision.
It’s not 18 billion US dollars to ask you to pay, it’s not 10 billion US dollars to collect your shares, there’s nothing bad like that in the world!
Xiong Xiaoge understood that this was the key to the family's success.
It would be fine if Mr. Fang only owned Bingxin. The problem is that my Yike small power has already been established. If I really want to be ruthless and give blood, Bingxin knows how long it can last.
"Secondly, does he think that you as an investor can interfere with your mysterious person? Does he think that even if you relay his words to me, you can shake my unintentional decision?
Xiong Xiaoge heard that the man was not lucky enough.
"You two are all together, Mr. Xiong. Don't mention anything about his return to the capital. The delisting matter needs to be discussed. It is a family matter and a family matter." Denton insisted on detaining Xiong Xiaoge.
.
Xiong Xiaoge was not feeling depressed about being abandoned, but facing the weaker emotions of the eight people, he calmly said: "You said it a long time ago, it all depends on me. If they use you, they will pay you back."
If you want to wait, you can wait with them in Luzhou."
"Xiong Xiaoge, where is he going?" Denton asked.
"Da Liu, he went to notify the shareholders of these two institutions and asked us to hold a meeting." Deutsche Bank turned to the secretary and explained calmly, "It happens that the two private equity people have just come to Shanghai, and he wants to hold a meeting."
They broke down together."
"It's definitely not necessary. Regarding the necessity and future development of Bingxin's delisting, you don't need to discuss it with shareholders." Fang Zhuo quickly but weakly put forward the shareholder request that cannot be converted into a formal proposal at any time.
Xiong Xiaoge glared back, then relied on his own strength to prepare to leave weakly.
Xiong Xiaoge was happy but frightened in the face of the two people's accusations. He ended by reminding the other party that although the investment of Low Sachs and DCM in ice cores still saw returns, they would definitely get low profits.
"Mr. Denton, do you think you should talk to Mr. Fang about what he said? First of all, you must say that IDG does not hold 2% of Bingxin's shares, and you hope that Bingxin will be delisted quickly.
Following the voice of the leader of Bingxin, the room outside the conference room suddenly became quiet.
Xiong Xiaoge laughed and laughed: "The person involved left, and they stopped you. Why did they stop you?"
The reason why a closed-door meeting is a closed-door meeting is that the small family cannot talk openly.
I had no sense of ceremony, and the eight shareholders of the institution just kept a straight face, thinking that the situation was too bad to handle.
"Ah, yes! You are working for the tiger!" Denton said angrily.
DCM’s Fang Zhuo also didn’t say anything.
The eight companies hold a total of 8% of the shares, and the profits before the delisting are negligible.
Xiong Xiaoge looked at the eight people opposite him with angry, sarcastic or mocking eyes, and his emotions calmed down.
When Bingxin was founded, it set up a 10% option pool, and that part has always been held by an eighth-party company on behalf of the minority shareholders.
Goldman Sachs' Chiasson nodded repeatedly and ignored it.
Only Goldman Sachs' Chiasson suddenly shouted when Mr. Fang was about to walk out of the conference room: "Mr. Fang,
Mr. Fang, he just left like that? I have to give you an explanation!"
Indeed, even if you invest at Bingxin's valuation, with its current seventh largest scale, it will still lose money before it is delisted, but that will reduce expected profits.
That is cutting meat. What is cutting meat?
Deutsche Bank heard that the eight people were arguing or producing something unconstructive.
The eyes of the eight people suddenly became the same, and the man named Xiong said what he meant! He was not trying to cut his flesh!
Gu Yian frowned and sent a message before using Yixin to call Youguo, but there was still no response.
The eight-member organization entered its eighth silence.
Xiong Xiaoge frowned and said: "What should I explain? Are they willing to merge? Now that they have merged, what else should I explain? Do you still understand? Their plan to cash out from the stock market has been shattered!"
