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Chapter 488 Chapter 136: Explanation Session Happy New Year Chapter!

Chapter 488 Chapter 136: Briefing Session (Happy New Year Chapter!)

(Happy New Year everyone, this year goes by so fast. I don’t cough much anymore and there is no blood in my phlegm!)

(Thank you for your support, thank you for your support!)

"We need an explanation!"

"Why did a good bank suddenly become like this?"

"."

Lin Huaile tilted his chin and yawned boredly. The denunciation meeting lasted from morning to afternoon and was very boring.

Guo Fengxiong sat on the stage and accepted questions from investors, large and small, who wanted him to explain why the bank suddenly experienced such a big crisis.

According to the rules of the stock market, as long as you purchase stocks on the exchange, you are one of the company's shareholders.

However, you need a certain amount of shareholding to become a member of this noisy group.

Guo Fengxiong, who was sitting on the rostrum, saw Lin Huaile's impatience early on, which made him feel an unknown fire in his heart.

Especially the big shots around him, including the charter king, Shar Dantong, and the ghost guy Zhang Hengdi, the head of the HSBC Investment Department.

These vultures, smelling the smell, rushed to the feast site to prepare for a feast.

The reason why I am suffering here is because of these despicable people.

But there is no regret in making a move. Since you have already lost, there is no possibility of going back on your word.

Guo Fengxiong sighed in his heart, opened the folder in his hand resignedly, clapped his hands, and said to the still angry investors on the seat: "Everyone, please be quiet."

"I know everyone is feeling excited right now. There are indeed some problems within Yongan Bank."

"In order to strengthen internal management, the board of directors has decided to officially join the Central Agreement and become a member of it!".

Bad news came one after another, and the venue became noisy again, with investors, big and small, whispering and exchanging opinions.

“It’s so lively!”

Shark Dantong pressed his ears with his little finger and said to the charter boat king next to him.

The chartered boat king immediately understood the meaning of Sha Dantong's words. He took out his napkin, held it in front of his mouth, pretended to cough, but actually replied softly: "The more people there are, the more ideas there are."

"My two sons-in-law have always wanted to privatize Global Shipping Lines. They think the board of directors is too crowded."

"Business strategies are not discussed, but implemented!".

Lin Huaile sat to the left of Sha Dantong and naturally overheard their conversation about the future.

Going public has the advantages of being able to cash out and share the risks. After all, there are countless fools who want to get rich overnight. It is better to get it yourself than to take advantage of others.

But in other words, there are many benefits to privatization. There is no need to falsify financial reports, layoffs can be made at will, execution is more flexible, and there is no need to worry about the pressure of public opinion.

Anyway, except for Polaris and Fengrun Insurance, Lin Huaile will not let any of his companies be listed on the Hong Kong Stock Exchange.

"It's a good idea and worth studying."

King Jin did not preside over the division of the family before his death, but only distributed the company's equity to his nephews based on their daily merits.

Originally they wanted to make a fortune together, but these people have become an obstacle to Sha Dantong. Whenever he wants to implement a new business investment, these descendants of the Zhou family will always stand up to oppose him.

Opposing for the sake of opposing always caused him trouble.

But he swore that he would not kick these useless guys out within thirty years. One still needs to be sincere when dealing with gods.

The boat charter king heard Sha Dantong's muttering and knew that there was no need to answer, so he continued watching the show.

"Chairman Guo, now Yong'an Bank's stock has fallen by at least twenty points, and the stock discount promised last year seems to have fallen through."

"Yongan Bank, or in other words, how the Guo family plans to subsidize the shareholders here."

The small shareholders discussed for a long time and finally elected a representative to explain the issues that everyone was concerned about.

All the bustle in the world is for profit, and all the hustle and bustle in the world is for profit. To put it bluntly, everyone invests in Yongan Bank for stable income or money.

After thinking about it for almost a day, I finally came to the topic.

Guo Fengxiong really does not want to come up with the reorganization plan. As long as this plan is passed, the Guo family will completely lose its management rights to Yongan Bank, although it will still be the largest shareholder.

"I have a reorganization plan in my hand. Yong'an Bank's credit department and risk control and review department will all be laid off."

"As for the compensation you are talking about, it is also stated in the plan."

"HSBC, Hengfeng Bank, Lin Foundation, Bao Financial Investment Company, and He Company will invest in the acquisition at eight yuan per share to reduce your losses."

"If everyone agrees, sign the document and sell the shares."

"This price is very fair. It is based on the price that the market opened a month ago. There is still extra profit!"

Guo Fengxiong glanced at the staff on the side and motioned for them to distribute the documents to the small shareholders present.

Small shareholders are not deaf or blind. They have long heard about Yongan Bank’s recent big moves.

Besides, Xiangjiang is such a big place. At a glance, there are all friends and relatives, and there are always channels for news.

But I know, I know, but the specific content is still unclear. What I hear is false, and what I see is believing. I have never seen the final text. Knowing it is of no use. After all, I have not seen the real guy.

Now it’s good, finally we have the real story.

The entire venue was filled with the sound of turning pages of books. This group of millionaires were all looking at the documents in their hands attentively.

Lin Huaile also had a copy and gave it directly to Zhang Wentian behind him, asking him to help see if there were any traps in it.

Zhang Wentian took out his glasses and looked at them seriously.

After watching for about forty minutes, someone finally asked Guo Fengxiong on the rostrum: "Sheng Guo, is the stock transaction a self-selected buyer? Or a centralized sale?"

When someone asked a question, Guo Fengxiong first cleared his throat, glanced at the last row, and said calmly: "We will purchase it uniformly."

"However, I don't object to you finding a buyer with a higher price. If you have already found a buyer, you can trade on your own."

"But I think no one in Xiangjiang will buy your equity at the price of eight yuan."

"Do you have any more questions?".

The small shareholders in the audience stood up one after another and began to ask everything they wanted to know, and the scene became lively again.

In a business society, contracts are very important. Without a knowledgeable lawyer, no one will sign a contract.

This shareholders' meeting is just to explain the situation, and there will still be some time before each shareholder signs the document.

Guo Fengxiong saw off the last small shareholder, then tiredly pulled up a chair and sat on it, wanting to take a breath.

"It's really hard!"

Lin Huaile came to Guo Fenxiong with an unopened bottle of mineral water. He looked at the people leaving the window and sighed.

Happy New Year everyone!
Chapter completed!
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