"Yesterday, Liang Gensheng, Chairman of Sany Heavy Industry, expressed his sincere apology for the inappropriate remarks of 'Pig Theory' through the 'Great Wisdom' roadshow platform. He felt that the metaphor was indeed very inappropriate."
"Zhou Meisen, who 'launched the first shot for shareholders', did not accept the apology and publicly stated that he would vote against it and called on other shareholders of tradable shares to boycott it."
"..."
The TV was locked on the Shanghai First Financial Channel. The host on the screen was broadcasting various news during the share reform period. The scrolling subtitles at the bottom showed that the Shanghai Composite Index had dropped to 1042.7.
[To be honest, I have been using Yeguoyuedu recently to read and catch up on new books. I can switch sources and read aloud with many sounds. www.yeguoyuedu.com is available for Android and Apple.]
"Dr. Liang, we should not apologize. Your 'pig theory' is not wrong. What is wrong is that the media deliberately distorted the facts."
Including Xiang Wenbo, the senior executives of Sany Heavy Industry were furious and all looked at the backbone of the company, Liang Gensheng.
"Okay, okay, isn't the shareholding reform just a redistribution of interests? If we want an extra piece of cake, small and medium-sized investors will lose a piece of cake. We also have to think from their perspective."
Liang Gensheng waved his hand: "It has been six days since the share reform plan was announced. What is the result of the online voting?"
Xiang Wenbo said: "We all feel that the profit margin is not enough. If we follow this plan, we will definitely fail on the day of the share reform meeting."
Liang Gensheng asked: "Where are the three companies that underwent shareholding reform at the same time?"
Xiang Wenbo said: "Same as us."
"Sure enough, these warrants are just waste paper, and there is no real bonus of shares or money." Liang Gensheng sighed.
Xiang Wenbo suggested, "Director Liang, the biggest obstacles right now are Sanbody and Zhou Meisen. Their shares account for the majority of the total outstanding shares. As long as one of them is relieved, it will be much easier to handle."
One director shook his head and said: "No matter if we give away 3.5 shares or 3.7 shares, it is too much. I think we can give away 3.1 or 3.2 shares to express our attitude."
Liang Gensheng denied it: "No! This is humiliating them and will only trigger conflicts."
The director smiled and said, "Director Liang, what I mean is that on the surface we are all equal, and we have given you so much. In private, we have found the major shareholders like Three Body and Zhou Meisen to cover it up with cash."
Xiang Wenbo was surprised: "Yin-Yang contract?"
"Hmph! It's a shame you guys can think of these crooked ways!"
Liang Gensheng slammed the table, and a loud bang echoed in the conference room, shaking everyone present.
"Um, Director Liang, I didn't come up with this. I also heard it from the three companies involved in the shareholding reform. They were all buying tickets, giving money, giving gifts, and using all kinds of means."
Facing the scrutiny of everyone, the director shrank his head guiltily and confessed truthfully.
"I don't care if others do this, and I can't control it, but in Sany Heavy Industry, as long as I am in charge, I will never allow this kind of behavior! Everything must be based on facts!"
Liang Gensheng glanced around, his expression particularly determined.
Xiang Wenbo said: "Dr. Liang, the heavier the two benefits, the lighter the two evils. If you have to choose between the Three Body and Zhou Meisen, I think it is better to choose the Three Body."
Liang Gensheng was silent for a moment, and after slowly glancing at the "Rooted in China" banner on the wall behind him, he spoke calmly and firmly:
"The major shareholder of Trisolaris is right. The country's responsibilities are greater than the interests of the company. We can't care about it. We will give you 3.5 shares for every 10 shares. In exchange for the final realization of the share reform, it is worth it! What do you think?"
"No."
"No."
"No……"
Xiang Wenbo and other senior executives and directors slowly reached a consensus.
"Then we will make a new share reform plan based on the results of our vote today, and after the modification, we will also issue a copy of the Three Body Fund."
Liang Gensheng crossed his arms: "I would like to see who this major shareholder is."
………………
On May 14, Sany Heavy Industry announced its latest adjustment and supplementary plans on its official website and newspapers. Not surprisingly, Liang Gensheng also received a lunch invitation from the mysterious boss of the Trisolaris Fund.
However, the location is not in a star-rated hotel, but in an unprepossessing street restaurant. The lobby is noisy with people coming and going.
“I really didn’t expect to settle in a place like this.”
Xiang Wenbo looked at the clock hanging on the wall with a straight face and displeasure.
"That's fine, keep a low profile."
Liang Gensheng disagreed and sat on the window seat, using his peripheral vision to look at the passers-by outside the window.
After a while, two figures who seemed to have a different style from the surrounding environment passed by, then turned into the restaurant and walked straight towards them.
The leading visitor was wearing a mask and a peaked cap. The brim of the hat was so low that it almost covered half of his face. When he sat down and took off the mask, his face was immediately exposed to Liang Gensheng and others.
"Lu, Mr. Lu?"
Xiang Wenbo's eyes widened as if struck by lightning, and he could clearly see that the boy's hole was shaking like an earthquake.
"Yes, I am the major shareholder of Trisolaris, Lu Fei."
Lu Fei smiled and reached out his hand.
"In other words, the largest shareholder of Sany Heavy Industry's circulating shares is you, Mr. Lu?"
Liang Gensheng was obviously a veteran, and he quickly regained his composure and held his hand, but the slight trembling of his fingertips still gave him away.
"Yes, I am very optimistic about Sany Heavy Industry. When it was founded in 1989, it was just a welding company, but it dared to be the first to transform into a heavy industry company. This requires a lot of courage and imagination."
Lu Fei boasted: "Dr. Liang, in particular, can successfully fill the imagination space into reality. Sany Heavy Industry's tractors are very popular in the market."
Liang Gensheng said modestly: "This is just a small step in a long journey of thousands of miles. Our tractor is still very immature and is just an assembled product.
The hydraulic system is imported from Neon Komatsu, the engine is purchased from Germany, and only the cylinder is produced in-house. If Sany Heavy Industry wants to continue to develop, it must insist on independent research and development."
"I appreciate domestic brands that are willing to conduct independent research and development."
Lu Fei smiled, but kept the rest of the sentence in his heart.
During the 4 trillion yuan bailout in 2008, Sany Heavy Industry was one of the biggest winners in the heavy industry. Orders surged and market value exploded, directly pushing Liang Gensheng to become the richest man in the mainland that year.
"But independent research and development requires funds, financing, and non-tradable shares need to be released to the secondary market. Therefore, Sany Heavy Industry's share reform can only succeed and cannot fail."
Xiang Wenbo couldn't help but get excited, "I wonder if Mr. Lu can help us with this shareholding reform?"
"certainly."
Lu Fei blurted out that the share reform was a major change in China's capital market in the past fifteen years. There was no precedent to follow and no reference standard. It was like walking out of a wasteland to find a practical road.
Mr. Lu came here to do three things -
Set the rules! Set the rules! Set the rules anyway!
He wanted to use Sany Heavy Industry to set a decent reference for latecomers to the shareholding reform, so he demanded that the threshold for shareholding reduction be raised and that the original non-tradable shares should not be reduced for at least one year after the shareholding reform plan was implemented.
"One year?"
Liang Gensheng and Xiang Wenbo looked at each other, and the sudden conditions for reducing their holdings made them think for a moment.
Lu Fei stretched out a finger: "This is also a test of the courage, courage and courage of Sany Heavy Industry. If Director Liang agrees, I will not only let Sanbody vote in favor, but also help you with the work of other small and medium-sized shareholders."
As he said that, he stretched out his second finger: "And I will allocate a sum of funds. If the share price of Sany Heavy Industry drops after the share reform, I will increase my holdings of circulating shares and help you stabilize the share price."
And such a good thing?!
Liang Gensheng couldn't help but think that the biggest worry of shareholders of non-tradable shares and tradable shares is that two-thirds of the non-tradable shares will release like a flood that has opened the floodgates, causing the stock price to plummet.
But with the endorsement of China Buffett, we are not afraid of falling at all!
"Why is Mr. Lu helping Sany Heavy Industry so much?"
Xiang Wenbo kept an eye on him.
"As an enterprise, whether it is a large enterprise or a small and medium-sized enterprise, whether it is a state-owned enterprise or a private enterprise, in addition to profits, there is a better and more noble goal than profits, and that is the social responsibility we should bear!"
Lu Fei looked like he was serving the country and the people with great righteousness.
"Sany Heavy Industry's responsibility is to be the first stock in the share reform, and the responsibility of the Three Body Fund is to promote Sany Heavy Industry to complete the share reform."
As soon as these words came out, it was as if a thousand-foot-long light flashed out.
Liang Gensheng seemed to have seen the moment when Sany Heavy Industry's shareholding reform was successful, and he agreed to two commitments to reduce his holdings without hesitation.
Then he hesitated and said: "Mr. Lu, can we disclose to the public that you are the major shareholder of Sany Heavy Industry's tradable shares in the next road show?"
"Director Liang, don't be anxious, it's not the time yet."
Lu Fei smiled mysteriously and glanced out of the window involuntarily. A red car parked on the roadside suddenly emitted flashes of light.