In the United States, becoming a major shareholder of a company and a member of the board of directors is a different matter. Board members are elected by shareholders and do not necessarily hold the company's shares.

Generally, three types of committees are established, and the members of the board of directors belong to different committees.

They are "audit -mittee (audit committee), "pensation-mittee (remuneration committee), and "ninating-mittee (appointment committee).

Because the shareholders represented and the right to supervise the company, Han Xuan always thought they were difficult to deal with. At this time, Joey was led down to the door of the conference room, and there was a quarrel inside, and someone shouted: "That's Han and Anthony's fault!

I have long said that Wow should be transformed! Just let people chat, what money can they make!”

An old man was standing on the podium, raising his fist excitedly with his back to the door, which was very intention of asking Han Xuanxing to question him. Many people nodded in agreement.

Small companies lose 5% in a day, that little money is nothing, and Blueberry Group, Cisco and other industries lose 5% of the money, which means that the Federal Reserve's profits in the past three years have been lost! This is almost the total annual output value of several countries in Central America!

It would be strange if they could be calm.

Suddenly, the old man found that the people in front of him looked behind him, and his face was strange and he stopped talking. He felt a chill on his back and his red face suddenly collapsed.

As the topic changed, he continued to shout: "But! At this time, we should work together to overcome difficulties! Instead of complaining here! Complaints are useless!

We should believe in Han! We believe in Executive Anthony! Their abilities are obvious to everyone!"

At the door, Han Xuan's face was extremely wonderful.

Of course he knew why this old man changed his voice and was not angry. Today, the company's stock price fell, so he couldn't help but complain.

He raised his hand and applauded, walked in directly, and smiled and said, "This gentleman is right, we can survive this crisis."

Although these shareholders were making trouble before Han Xuan came, they were all passionate and seemed to slap Han Xuan and the top management twice, questioning them how they managed the company, which caused this situation today.

In fact, when he actually entered the venue, no one dared to speak loudly, and even gasped less. Usually, these board members need to make an appointment to discuss company decisions with Han Xuan, even if they want to meet with Executive Anthony and Executive Charlie.

Both companies, Snow Mountain Group and Hope Group, are not listed companies. Han Xuan holds 100% of the shares of Snow Mountain Group's parent company, and also holds more than 97% of the shares of Hope Group. The remaining three percent are distributed as reward shares.

Executive Anthony and others have owned shares in the parent company of Xueshan Group, but that is only the right to share dividends. The actual owner is still Han Xuan. They don’t have to sell the face of these board members at all, and Han Xuan is directly responsible for it.

The people present can also bully some management personnel of the third-level and fourth-level subsidiaries and Han Xuan have too big identities, which makes them dare not disrespect.

Who would come to preside over the meeting without notifying him? The old man who was just inciting others' emotions was so cold when he heard Han Xuan's voice. He quickly turned around and smiled, reached out and shook Han Xuan excitedly, and then sat back to his seat.

Without exception, the people at the scene hoped that Nasdaq would continue to soar and bring profits to themselves or the boss behind them. The women present were less than one-tenth of those of men.

Although society has begun to advocate gender equality, the number of women among top executives is indeed very small. Some people in the company have ranked "Top Ten Knights" for the Snow Mountain Group, which means that the companies that protect Han Xuan are all men.

At this moment, Han Xuan continued: "The gentleman just told you that the operational thinking of wow chat software should be transformed. I can tell you very responsibly that the development direction of the secondary Internet concept industry subsidiaries directly managed by Hope Group have no problems.

Since I founded them, I have had a complete concept of the Internet ecological industry chain. These companies have been developing according to the situation I expected. Looking at the huge user base of those companies today, it is enough to show how popular they are in the market. Whether it is in terms of their capital or their subsequent development plans, they are all very healthy.

No one can tell the future clearly. As for the moment, your worries are purely redundant. The Internet is an emerging market. No one, including me, can see through its future, but their development is absolutely correct now."

Some people disagree with his remarks and asked a question: "Since that's the case, why did the stock price fall today?"

"It is not only our company that fell, but the stock prices of other companies have also fallen, and the decline is even greater. Judging from the market's performance, it is more confident in our company.

Since my company planning is correct, it means the market is wrong.

In my opinion, the concept of the Internet is not that valuable, and may be quite valuable in the future, but not now, an Internet company that can maintain a loss-free situation is already very excellent, and profit channels and markets will take a long time to develop.

Over the past period of time, the Internet industry concept stocks have been too popular, giving birth to a large number of bubbles. Once a bubble appears, I believe everyone present understands what will happen.

That is an inflated price. Except in the financial and securities trading market, it cannot bring profits to investors. A bubble is a bubble and will burst one day. Today, the market has given a strong signal.

The reason I came here today is to make you mentally prepared. After today, the Internet industry will enter a long winter period, which may be one year, five years, or ten years.

It is expected that the Nasdaq index will decline for a long time in the next few years until the market returns to rationality. You should be prepared. The fanatical period of the Internet industry has passed..."

When he said this, Han Xuan's tone was quite calm, without any frustration or panic. The voice passed through the microphone and reached the ears of everyone on the scene, releasing a powerful signal. The Internet industry will continue to collapse!

For a moment, the venue was in a mess and many people couldn't sit still!

He quickly called the others to notify that Han Xuan had already told the board members the most important thing. They also knew everything they wanted to know, so there was no need to stay and walked out of the venue with their legs raised.

In fact, at this time, we should comfort them and use false lies to stabilize the stock price, so that these major shareholders, or those representing major shareholders, will continue to hold stocks in those industries, and avoid too many outstanding stocks on the market, resulting in a collapse.

But Han Xuan is not afraid of these major shareholders selling, but he is afraid that they still hold the stocks in their hands tightly. With the continuous decline in the Nasdaq index, they will eventually be trapped and affect their future plans.

They are all human-like people. It is almost impossible to buy back shares from them during the lows of the Internet. When they see that they show a tendency to repurchase, they will not be willing to sell their shares to them. It is better to spread them into the mobile market.

They will not want to see a situation where the stock price collapses, so they will discuss and spread it into the stock market. This choice is good for everyone, and it will also keep it spontaneously confidential to avoid panic.

That's Han Xuan's guess! No matter what the final result is, most investors believe in his judgment. Even if the stocks that can rise, they will be lowered by his remarks. Buffett, Soros and other financial tycoons can do this...

To be honest, Han Xuan was also a little confused. He could grasp the general direction, but he didn't know when his companies would end.

When he walked out the door, Gabriel, Jason, Olivia and others knew that he was in a bad mood, so they didn't say anything to bother.

This is the shortest board meeting ever seen by Assistant Joey. He quickly called someone to send detailed information from the CEO of Time Warner Group...

Han Xuan frowned and walked forward. When the employees who saw his expression did not dare to say hello, he was thinking in reverse at this moment, and the emergence and collapse of the Internet bubble in this life.

I used to be in the circle, but now I am trying to break out of this circle and think about it from the overall situation. Doing so will help him make the next decision.

Just a few months ago, the US government represented by Fed Chairman Mr. Greenspan had a premonition that the economy was overheating and the unemployment rate was low enough. One of the characteristics of the Internet industry was that the number of employees was small, so it gave the hawks enough voice to begin to enter a cycle of interest rate hikes. The interest rate quickly rose from 4% of the previous period to 5.5% today.

With the decrease in capital liquidity, the profits of Internet companies have weakened, mainly reflected in the sharp reduction in advertising volume, and various unseen prospects of money-burning projects, crazy erosion of the cash flow of Internet companies. Smart investors have begun to realize that this is an unsustainable prosperity and people have already begun to withdraw.

However, the overall market sentiment did not realize the reversal point of this big cycle. Bottom-buying is the main theme. There are hands behind it, constantly making rational explanations for the decline of the stock market. In this process, Han Xuan himself also played an important role.

Many people in this era do not understand the Internet industry enough. Han Xuan felt it was necessary to write something so that people could learn from the lessons this time. He had become a giant in the Internet industry. A good industry atmosphere was more beneficial to the future development of those companies.
Chapter completed!