Chapter 382 Tengda breaks the cauldron and sinks the boat, and the sprout is brave and diligent!
Friday, March 22nd.
The towering Tengda Building seems to be covered by a thick layer of dark clouds. In the past two days, outside the building, on the ground and underground, everything has been filled with an extremely depressing atmosphere.
Employees even walk lightly for fear of attracting the attention of supervisors.
The future prospects of the Internet super giant, which was originally full of vigor and arrogance, were suddenly cast a thick shadow, making people panic.
Rumor has it that someone has been quietly contacting me.
When disaster strikes, let's all fly together!
Of course, this is just a rumor. As long as HR does not issue a layoff notice, basically no one will take the initiative to resign. A skinny camel is bigger than a horse.
Looking at the whole of China, aside from Germination, is there any better place to go than Tengda?
Recently, the word "bud" has almost become a taboo within Tenda, and is also jokingly called——
"Tengda's lifelong enemy!"
Who would have thought that the netizens’ joking words would turn out to be a prophecy.
Top floor office.
Erye, Lu Jian, and Renyu, who had just finished the board meeting, gathered together again. The expressions on everyone's faces were solemn, and Renyu even had a hint of indignation.
Obvious.
The emergency board meeting was not very effective.
"The stock price has been rising before. Why didn't you ask for an explanation every year when dividends were paid? Now if the stock price fluctuates a little, you have to give an explanation. Bullshit!!!"
In private, in front of the second master, Renyu finally couldn't help but complain.
Just yelling!
But this kind of venting is actually a bit low.
Because to put it bluntly, except for the second master who holds slightly more shares, Lu Jian and Renyu are just wage earners and housekeepers for the investors behind Tenda.
What's there to shout about?
As a listed company, and one that went public very early, nearly half of Tenda’s shares are tradable shares, which belong to a large number of small and medium-sized investors.
Of course.
In fact, not many Chinese people have benefited from this.
In addition to the tradable shares, among the remaining major institutional shareholders, except for the founder Erye, most of the remaining shares are in the hands of overseas investment institutions.
It’s no wonder that Tenda is nicknamed an overseas company by netizens.
Sitting on China's perfect infrastructure, high-quality talent pool and huge market, they made a lot of money, but in the end, it was cheaper for overseas investors.
It’s no wonder that Chinese people have opinions about Tengda.
"Stop complaining and saying weird things. Now let's think about how to reverse the unfavorable situation at hand." The second master leaned on the sofa, looking a little tired.
I've been really exhausted lately, with bad news coming one after another.
The just-convened board of directors has actually reached a resolution to allocate 15 to 2 billion funds for buybacks in the stock market to boost investor confidence.
This is also the routine operation of listed companies.
Although the stock price fluctuates in the short term, in the long run, Tenda is still a mature Internet company. Riding the wave of the times, even if revenue does not experience explosive growth, it cannot be said to have remained flat.
The current stock price does not represent Tenda's future stock price, and there is still room for appreciation.
What needs to be done now is to boost market confidence.
An unusual operation is that Tenda's largest shareholder has informed in advance at the board meeting that after Tenda's stock price stabilizes, it will launch a three-year shareholding reduction plan to reduce its holdings by 10% in total.
This is the most fatal thing for Tenda.
Once the major shareholders begin to reduce their holdings, all the efforts made by Tengda will be wiped out in an instant.
But investors don’t care.
It's hard to bet on a big treasure once, and I won't let it happen again.
Especially since Tengda has reached its current size, even if it wants to reduce its holdings, it cannot be done in one step. It needs a long period of continuous reduction to prevent the stock price from falling too sharply.
By contrast.
In the original time and space, Tenda transferred the Jingdong shares it held in the form of shareholder dividends, which was very clever. It did not release a large number of circulating shares to the stock market, but also completed a large-scale reduction of holdings in a very short period of time.
Also saved a lot of cash.
"Boss, I always feel that there is something strange about what happened this week."
Lu Jian seemed to have something on his mind.
"What's wrong?"
"You see, first of all, what can be confirmed now is that we are heavily shorted by institutions in the stock market, and the actions of the three major rating agencies are more like coordination."
When this was mentioned, Lu Jian almost gritted his teeth.
These rating agencies appear to be sanctimonious on the surface, claiming to be "just", but in fact they are driven by interests behind the scenes. They are typical steamed buns that drink human blood.
"Tengda's stock price has rarely fallen, and it is normal for it to be shorted by institutions."
The second master didn't notice anything unusual.
The capital market is inherently volatile, and any slight disturbance can attract a pack of wolves, even capital predators lurking in the shadows, to take a bite and leave.
"But the problem is, the actions on the sprouting side are very unusual, as if they were premeditated. First, "PlayerUnknown's Battlegrounds" was launched, followed by a press conference held by Jade Bird Interactive Entertainment, and then came Weixin's major version update.
The actions follow one after another, as if they are cooperating with the capital market," Lu Jian said.
"You have a bit of a conspiracy theory."
The second master frowned slightly, "According to the news we have received, whether it is the internal beta test of "PlayerUnknown's Battlegrounds" or the update of Weixin's major version, they were all planned months in advance."
Tenda itself is an Internet company, and we know that these big moves are all in accordance with the plan.
Where can temporary arrangements be made?
"I still think there's something fishy here."
"Forget it, let's not talk about this anymore."
Seeing that Lu Jian couldn't provide any substantive evidence, the second master didn't want to dwell on this topic anymore. He looked at Renyu and asked, "Can ICQ also launch a mini program function?"
"It's best not to."
Renyu, on the other hand, is very firm, "ICQ is already bloated enough. If we add the mini program function, with the memory of current mainstream smartphones, users will probably curse."
This chapter is not over yet, please click on the next page to continue reading! "But..."
Just when the second master was disappointed, Renyu continued.
"My suggestion is to create a minimalist version or a speedy version of ICQ, which removes all the original functions of ICQ, fully benchmarks Weixin, and only carries functions such as friend circles, official accounts, and mini programs."
"That's a good idea!"
There was finally a glimmer of light in Erye's eyes.
"But this operation will affect the interests of many departments." Renyu reminded in a low voice.
Launching a minimalist version of ICQ is not an amazing idea in itself. It has been discussed internally before, but it was not implemented because it would touch the cake of many people.
It's just that things are different now.
To be exaggerated, Tengda has stood at the crossroads of life and death.
Some trade-offs must be made.
"Touch, just touch."
The second master was also very tough this time, "As the saying goes, if you don't break, you don't build. If you break, you build. We just take this opportunity of revision to conduct an in-depth review of the group's organizational structure and business."
Cutting off map, search and other services before can only be regarded as pruning branches.
And now.
Faced with the pressure from the board of directors, Erye was ready to operate on the trunk of the big tree called Tenda.
In fact, with the rise of the mobile wave, many so-called direct businesses within Tenda have become increasingly outdated, such as ICQ Space, ICQ Show and other businesses.
It's obviously out of date, but it's still retained because of the entanglements of interests involved.
It's even mixed with intra-departmental strife.
Hearing this, Lu Jian raised his eyelids, but after all he did not raise any objections. He could feel the firm determination of the second master, and said following the trend: "Taking advantage of this change, we can abolish some untimely departments and eliminate some redundant employees.
Minimize expenses and maintain the group's cash flow."
Because it has to use funds to buy back in the stock market, Tenda's capital chain is already very tight.
"Very well, you are responsible for this matter."
The second master cast an approving look at Lu Jian. He was obviously very satisfied with Lu Jian's awareness of current affairs and his ability to protect the overall interests of the group at critical moments, rather than his own small circle of interests.
"good."
Lu Jian had no choice but to agree. This was not a good job.
It's meant to offend people.
But there was no way, the second master had given orders, and Lu Jian could only carry them out without compromise.
"In addition to launching a minimalist version of ICQ, we have to come up with other things to stabilize the current stock price." The second master was still having a headache and asked Lu Jian: "Do you have any good suggestions?"
"Uh, this..."
Lu Jian got stuck for a moment and hesitantly said: "Internet financial business can make money, but it is difficult to put it on the table. Learn from Qingcheng's shared bicycle business, which is good but requires a lot of capital."
What Tenda currently lacks is funds.
"Then let's do it step by step." The second master was a little disappointed.
………
the same day.
Just when Tenda was in a state of panic due to stock price fluctuations, the fledgling Miaomiao Bicycle was like a donkey running wildly.
Only three months after its establishment, the first batch of shared bicycles was launched at Binhai University, and it is planned to achieve full coverage of all universities in Binhai City within a week.
Of course.
There are only a few decent universities in the entire Binhai City.
Because it was launched on a university campus, Miaomiao Bicycle did not attract the attention of capital. It still seemed like a little transparent, running wildly along the way.
I just don’t know where the future ends.
………
Monday, March 25th.
After a pleasant weekend, Zhang Shuo returned to work in the company.
The first news that popped up was the emergency announcement issued by Tenda at the weekend. Simply put, it said that it was confident in Tenda's stock price and would use 2 billion funds to buy back shares.
really.
As soon as the market opened, Tenda's stock price experienced a slight rise.
After all, the "underlying" is there.
Just at this moment, Lu Kai knocked on the door and came in. He saw the Tengda stock price displayed on the computer screen and said with a smile: "Chairman, before the market closed last Friday, we had completed the delivery."
"very good!"
If Lu Kai were to be more greedy, he would suffer.
"The main reason was that we saw that the wind was going in the wrong direction, and many capital giants took advantage of the situation, so we quickly withdrew. In this wave, we made nearly 1.6 billion," Lu Kai explained with a smile.
"Just think of it as a tooth ceremony."
Zhang Shuo is not greedy, nor is he very interested in the capital market.
Then another matter was brought up, "President Pinxixi Du reported to me that he proposed to acquire Durban Logistics to strengthen Qingfeng Logistics' strength in the field of large-scale logistics. I agreed in principle."
Du Qingqing is also very motivated.
Pinxixi just expanded its business to southern Hunan province at the beginning of the year, and now it is accelerating its deployment in southern Anhui province. It not only needs to vigorously build modern logistics parks, but also expand its layout in express delivery business.
This kind of expansion speed makes Jingdong ashamed when he sees it.
Of course Zhang Shuo also supports it.
One is to cooperate with the official industrial transfer strategy, and the sooner the better.
The second big-ticket logistics is indeed a shortcoming of Qingfeng Logistics. Considering the subsequent express delivery to the countryside, especially home appliances to the countryside, it is necessary to make up for this shortcoming as soon as possible.
in this piece.
Debon Logistics is an industry leader and an extremely high-quality asset.
It’s not a loss if you win!
"Understood, I will arrange the investment and mergers and acquisitions department later to carry out due diligence on Durban Logistics."
Lu Kai also understood it.
"By the way, Chairman, I'm just about to report some good news to you. Our United Dream Fund's acquisition of Japan Storage has been officially approved by all relevant parties."
"very good!"
Zhang Shuo was also in an excited mood. He immediately called Gu Mingzhang and said with a smile: "With the acquisition of Yueli Storage completed, we can start negotiations with Jiangxia."
"Very good!"
Gu Mingzhang also breathed a sigh of relief.
In the past half month, due to the Japanese storage incident, Gu Mingzhang, as the senior vice president in charge of the manufacturing business of Moya, has been tortured by inspection groups from various cities.
Fortunately, I finally got through it.
"The general principle is that Daosui Group will use the shares and cash of Jili Storage, and Jiangxia will use Jiangxia Xinxin's cash to jointly form a super storage semiconductor group."
"The name of the group is Changchang Storage."
"We should use Jiangxia as a hub to radiate to surrounding provinces and cities, and create a storage business full industry chain base from R&D and design, to manufacturing, to packaging and testing."
Zhang Shuo's ambition is to store Changchun beyond the original time and space.
if it is possible.
It even surpassed Akane Data and became one of the world's top storage giants.
"hiss!"
Gu Mingzhang and Lu Kai, who were present, took a deep breath.
This plan is too huge.
"Chairman, if you want to build such an industrial base, you will need an investment of two to three hundred billion, and I'm afraid you won't even be able to make it happen." Gu Mingzhang reminded tactfully.
"Don't be so nervous."
Zhang Shuo laughed, "First of all, this is a long-term plan that will take five to ten years to be implemented."
"Secondly, Sprout is only one of the participants in this grand plan. In addition to the official power of Jingchu Province, Jiangxia and other officials, other capital will definitely be introduced in the process."
If the sprouts eat meat, then investment institutions should follow suit and drink soup.
The semiconductor industry is too huge and capital-intensive. Of course, Zhang Shuo is not so arrogant as to say that Germination alone can support the entire industry chain.
That's not realistic.
"That's it..."
Gu Mingzhang and Lu Kai looked at each other and breathed a sigh of relief.
－－－－－－Digression－－－－－
PS: The eye disease has recurred and the eye drops no longer work. I am considering whether to go to the hospital for a checkup. I only have 4,000 words today. Sorry everyone.