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Chapter 1204 Going Home

Chapter 1204 Going Home (please vote)

The night got deeper, and Xia Zekai stayed up until the second half of the night, put his phone aside in a daze, and fell asleep.

When he woke up the next morning, he found that the phone had been pressed under his body all night, causing his back pain.

After washing up, I called Zhang Yiming and Liang Rubo to have some breakfast. The three of them got into the car prepared by Jack Ma and went to the Tmall Building headquarters, where the shareholders' meeting will be held today.

The main topic of this conference is about the asset integration of Alibaba Group’s nine major sub-sectors and their listing on NASDAQ in the United States.

On the first day that Xia Zekai, Zhang Yiming and Liang Rubo came to Hangzhou, they already knew the relevant content when they met with Ma Yun. There was no big problem whether they would come or not this time.

Mainly considering that they agreed to Ma Yun and wanted to maintain consistency in voting rights with him, the three of them thought it would be best to come over and have a listen.

In one of the conference rooms at the Tmall Building headquarters, when Xia Zekai, Zhang Yiming, and Liang Rubo came over, they found that there were already more than a dozen people sitting in the conference room, and Cai Chongxin was waiting at the door of the conference room.

In addition to him, Xia Zekai also saw several familiar faces, and naturally also saw Sun Zhengyi and Yang Zhiyuan. At this time, both of them were sitting quietly in their seats, looking unusually low-key.

There is no clue that they are the majority and second shareholders of Alibaba Group.

In terms of actual shareholding ratio, Japan's SoftBank holds more than one-third of the shares.

Yahoo America also holds more than a fifth of the shares.

Further down are the shares held by Jack Ma himself, but they are far inferior to these two parties.

However, in order to ensure his control over Alibaba, Jack Ma proposed a very novel partnership system. Because of this system, although he does not have absolute control over the shares, he has very high voting rights.

After delisting the B2B business (i.e. 1688 Wholesale Network) from the Hong Kong Stock Exchange, and after reintegrating all assets under the Alibaba Group, Jack Ma applied for relisting on the Hong Kong Stock Exchange, but it was precisely because of this partner

system, the Hong Kong Stock Exchange did not approve his application.

"Mr. Xia, Mr. Zhang, Mr. Liang, please come over here." Cai Chongxin personally arranged seats for Xia Zekai and the three of them.

Not long after the three people sat down, Ma Yun came in.

He always maintained a consistent smile on his face. After sitting down, he looked around and asked, "Chongxin, is everyone here?"

"Dr. Ma, everyone has arrived." Cai Chongxin said.

"Since it's all here, let's not wait any longer. Let's start now and try to finish it as soon as possible." Ma Yun said.

No one else objected, for them waiting was a waste.

And because today’s topic is very clear, which is to discuss the reorganization and integration of Alibaba Group’s assets and its listing in the United States, after Jack Ma announced the start of the meeting, they went straight to the topic.

As Ma Yun's right-hand man, Tsai Chongxin took the initiative to raise this issue and several key points.

We have also published all the results of third-party audits on the assets of Alibaba's nine major sub-segments. Everything is fair and transparent, and it is also to speed up a result.

During this process, Xia Zekai, Zhang Yiming and Liang Rubo watched quietly without expressing any opinions.

To a certain extent, they agree with this result. What they want to know more now is what attitude Alibaba will take to go public in the United States for financing.

Time passed by, and the discussion topic was not over yet. Several shareholders argued fiercely, and in the end they almost started to take action.

They all know that if they don't fight or grab at this time and insist on being good guys, they will be abandoned by other shareholders, which is not a good sign.

Xia Zekai came close to Zhang Yiming and Liang Rubo and said to them: "Look, Lao Ma is also anxious now."

Zhang Yiming smiled and said: "It's a normal thing, Brother Xia, this is related to whether Alibaba Group can successfully be listed on NASDAQ in the United States. At this time, Chairman Ma will definitely not allow them to make any mistakes."

When many parties were arguing, Jack Ma stood up and said something, which forcefully suppressed the debate at the scene. He said that the total amount of financing required by Alibaba Group for this listing exceeded US$20 billion...

One sentence directly suppressed all the arguments at the scene.

Prior to this, the Tmall mall market was estimated to be approximately US$30 billion. No one expected that this financing would level up a Tmall mall.

From this point of view, Jack Ma has great ambitions for this listing.

Not to mention others, even Xia Zekai, Zhang Yiming and Liang Rubo did not expect that there would be such a large demand for financing.

So the question is, what is the money mainly used for?

Ma Yun didn't waste any time. He explained all the company's plans happily. After listening to him, everyone suddenly understood.

In addition to the further development of Tmall Mall, Taobao Mall, 1688 Wholesale Network and Alibaba Cloud with great potential, this money also includes the next step of Juhuasuan, Alimama and other platforms.

Among them, Tmall Mall occupies the largest share. Jack Ma wants to build Tmall Mall into the brightest star of Alibaba.

From 9 a.m. to around 3 p.m., the argument had not come to a conclusion. At this time, even Xia Zekai couldn't sit still. He thought that since the argument still couldn't come to an outcome, he might as well go back to the West Lake State Guesthouse.

Forget it.

But Ma Yun wouldn't let him go, and told him to wait a little longer, and the results would be out soon.

Sure enough, when Softbank of Japan, which holds 37% of the shares, and Yahoo of the United States, which holds 24% of the shares, simultaneously stated that they were consistent with Jack Ma's actions, no one else raised objections. At this shareholders' meeting, the major shareholders and the second shareholders expressed their opinions together.

After that, it ended successfully.

Xia Zekai, Liang Rubo and Zhang Yiming, who were watching the fun, were a little unhappy. They felt that it should be more lively.

But just like what Jack Ma told them that night, Taobao Mall accounts for 15% of the market share of Alibaba Group after conversion. As the most important sector of Alibaba Group besides Alipay, Tmall Mall will be the most important after the merger.

Alibaba Group holds 35% of the shares.

1688 Wholesale Network holds 10% of the shares. As one of the nine major sub-sectors, Alibaba Cloud is a new sector with unlimited potential. Its market share has not been directly announced.

Xia Zekai has a hunch that this time Alibaba Group's overall listing will raise more than 20 billion US dollars, most of which will be invested in Alibaba Cloud, and the allocation of funds to other sub-sectors will be very small.

That night they held a celebration banquet together. Xia Zekai was in a calm mood this time and didn't cause any more trouble.

Ma Yun originally paid close attention to him, and thought that when Boss Xia became emotionally abnormal, he would quickly mediate and mediate to avoid causing greater conflicts. But what he didn't expect was that this time he was very calm, as if it was not Xia Zekai who was in a mood yesterday.

Same, let Jack Ma call it amazing.

On the fifth day after arriving from Qicheng, after temporarily handling the matters here, Xia Zekai took the high-speed train back to Qicheng.

Zhang Yiming and Liang Rubo took the high-speed train directly to the capital.

When the two of them parted ways with Xia Zekai, they told Xia Zekai to take his sister-in-law, nieces and nephews to the capital to play when he had time.

Liang Rubo also said that he would like to express his gratitude to Brother Xia and his sister-in-law.

"After Brother Xia returns this time, I am ready to settle down and develop Toutiao. I believe that we will be stronger than Aberdeen Justice in the future," Zhang Yiming said.

Liang Rubo also nodded and said: "Brother Xia, Yiming is right, there will be a day sooner or later."

"I believe in you, let's work hard together," Xia Zekai said.

He set off from Hangzhou in the morning and took the high-speed rail. It took him nearly 5 hours to get to Qicheng Railway Station.

There was a car waiting here for a long time. After picking up Xia Zekai, Wang Yi, Wu Jialei and others, they took him directly back to the Ziyu Garden Villa area.

Today is already Wednesday. Sisters Yatou and Tongtong have gone to school. Luo Xiyun is the only one at home with three children who are actively learning to speak.

Seeing Xia Zekai enter the house, Luo Xiyun stood up and said to Xia Zekai, "You are really tired too. Go wash up quickly and take a rest early."

Xia Zekai did not listen to his wife's words, but turned over and sat on another wicker chair in the yard, rocking slowly, looking quite comfortable.

"Aren't you tired?" Luo Xiyun also said to him.

Xia Zekai shook his head and said: "After I go there, I will either eat or drink, or watch other people arguing in meetings. How tired can I be?"

"Zekai, what was going on with you that night?" Luo Xiyun asked him.

Xia Zekai turned to look at his wife: "Did you see it?"

"Nonsense, we've been sleeping together for seven or eight years, how can we not notice this?" Luo Xiyun said to him.

She was thinking in her mind: "If nothing happens, can you ask that?"

Xia Zekai didn't hide it from his wife and said: "That afternoon, I met a Japanese in Alibaba. It doesn't matter. The key is that he is still the major shareholder of Alibaba. I just feel aggrieved."

"Just for this, you are really free. If you really have nothing to do, you can work in the company's workshop for two days and help produce more products." Luo Xiyun curled his lips.

Just as Xia Zekai was about to refute, his wife said again: "Zekai, if you have the ability, buy out all his shares. That would be great."

"..." Xia Zekai didn't want to talk to his wife anymore.

"Dad, Dad!" At some point, Jing Ling wandered up to Xia Zekai, opened her little hands and threw herself into his arms.

Seeing him like this, the third and fourth children were not far behind and walked towards Xia Zekai one by one.

As he walked, he shouted: "Dad, Daddy!"


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