Reinventing the Millennium.

Chapter 461 Covering Hands as Rain (Continued)

On Sunday night, Fang Zhuo, who had already returned to Shanghai, received a call from Lao Ni.

The head of Changhong briefly reported what happened today, using relatively decent words to express everyone's opinions on the decision-making, themselves, and Xiao Fang, such as "yellow-mouthed children", "old men", "internal and external collusion" and so on. .

Fang Zhuo listened to Lao Ni's talk more and more vigorously, and stopped to report: "Okay, I see, it seems that there is nothing surprising."

"Well, everyone is full of righteous indignation. All the directors..." Ni Runfeng took a deep breath, "All the directors of Changhong Electric are against it. Except for me, everyone else votes against it."

Changhong Electric has a total of nine directors, and the other eight are representatives of the controlling shareholder Changhong Group, senior executives of the company, and representatives of administrative state-owned assets.

It is also in this situation that Ni Runfeng previously believed that this is an unsolvable situation that can only be patched up. Any changes to the corporate strategy must be handled with caution.

But now, Xiao Fang always wants to chop down directly with a machete, regardless of the three sevens and twenty ones!

"Okay, Changhong stock had a very good increase a few days ago, and the trading volume is also high, so it should be no problem." Fang Zhuo didn't have any mood swings, and said, "You'd better reorganize the board of directors to avoid repetition and improve future decision-making. s efficiency."

Ni Runfeng was taken aback for a moment, and hesitated, "Are you taking advantage of this time? What should we do?"

Fang Zhuo wondered: "Divide, win over, attack, what else?"

"Old Ni, do you still need me to teach you? You have been a leader for so many years, should I send someone from Yike to guide your work?"

Ni Runfeng was ashamed, but it's not impossible to come to guide the work...

The two ended the call.

Fang Zhuo put down his phone and re-watched the ever-increasing trading volume of Changhong.

On the Friday before the market closed, the volume of the day was as high as 470 million lots.

So, who are people buying stocks?
What a mystery.

On Monday, February 2, at eight o'clock in the morning before the stock market opened, Sina.com published an interview with Chairman Fang Zhuo. Continue to evaluate before deciding whether to implement.

The market opened in the morning. Affected by this news, Changhong did not continue the skyrocketing rise of the previous week. After a slight sideways trading, it fell below the 10 yuan mark and closed at 9.96 yuan, a drop of 4.4% on the day.

In the evening, Ni Runfeng held the second board meeting.

However, the deputy director Mu Wenrui didn't even show up. In the end, due to insufficient numbers, there was no extra effect except to continue to incur a round of scolding.

The fluctuation of Changhong's stock price is regarded as a normal fluctuation. In the eyes of people close to the insider, the news in the morning has no risk at all. Fang Zhuo has even signed the contract, and the leader has seen it. How could he not implement it?
On the contrary, some people took this opportunity to cover their positions.

On February 2, "Huaxia Securities News" published a report, referring to the clarification from Yike Company that Yike has never cooperated with Changhong in any form, and the so-called overseas channel company is just a third party newly established by Mr. Fang Zhuo. The company has no connection with Yike.

The reporter also wrote that he specifically called Mr. Fang to confirm the news.

Moreover, there is another piece of heavy news that this third-party company is reviewing the qualifications of APEX, and has doubts about whether the 14.8 billion Changhong products it retains are qualified, and it is very likely that the contract between them is invalid.

On this day, affected by the news, Changhong’s stock directly fell to the limit and closed at 8.96 yuan, which has fallen below the starting price of many people. Many shareholders were shocked by the figure of 14.8 billion.

Ni Runfeng convened the board of directors meeting in Fucheng for the third time, and calmly raised the acquisition case and technology upgrade decision again.

Deputy Dong Mu Wenrui sat in the conference room with a daring sword, and was still the first to push back: "Mr. Ni, I don't think there is anything to discuss about this acquisition. Changhong can't even control itself. As for LCD technology, it's like Mr. Fang. Speaking of which, he also thinks that this is something to be cautious about, and one should not make such a hasty decision.”

Even though the address was changed to "Mr. Ni, Mr. Fang", there were still a few directors in the meeting room who hesitated to speak.

The scenes of scolding and scolding in the previous two meeting rooms have not been reproduced, and all directors generally believe that such a major event needs to be discussed more.

Ni Runfeng did not insist and ended the meeting peacefully.

The next day, on the 21st, Changhong did not refute the rumors of 14.8 billion, and Yi Ke and Fang Zhuo had no new news.

In the morning, Changhong's stock fell to the limit again, and the stock price became 8.06 yuan, which fell below the psychological price of many people.

This situation finally made people unable to sit still.

That night, Fang Zhuo received a call from Secretary Wang, the leader of Sichuan and Shu.

"Mr. Fang, is there any difficulty in the overseas cooperation between you and Changhong? We can find a solution together." Secretary Wang cheerfully went straight to the point.

"Oh, Wang Mi, there is no problem between me and Changhong." Fang Zhuo said calmly, "I found a problem in the cooperation with APEX, and the goods that APEX took away were all OEM products. There are a lot of substandard TVs in these warehouses, so the agreement is going to be re-examined."

Secretary Wang was silent for two seconds, and said: "That can also be coordinated, Mr. Fang, the news from your side has caused a big drop in Changhong's market value, which has caused many Changhong employees to talk a lot, and even stopped work and production. Can you make a statement about this matter to stabilize the hearts of the workers."

Fang Zhuo was startled and said, "What else is there?"

He said slightly aggrieved: "Secret Wang, even if you make a statement, you have to wait until the overseas review between us and APEX is over. These products are not a small amount, and the loss of more than one billion yuan, how can I explain to the people on my side?" ? I didn’t make this mess, so you can’t splash it on me, right?”

"Mr. Fang, that's not what I meant." Secretary Wang said, but his voice was deep and deep. "Changhong is a national enterprise, and it has the care of Sichuan and Sichuan leaders and all walks of life. We can't live up to this care."

Fang Zhuo asked calmly: "National enterprise? I am also of Han nationality. Can the enterprise I founded be counted as such? Wang Mi, I don't quite understand what you mean."

"President Fang." Secretary Wang said earnestly, "You understand what I mean, but you don't understand our feelings for Changhong. At the beginning, Changhong was waving the banner of serving the country through industry. It is extremely difficult to develop to the present. It is not easy, very difficult. easy."

Fang Zhuo said with emotion: "Actually, Wang Mi, I understand your feelings. It's because you don't understand that I already understand you."

"Because the semiconductor project I'm doing in Luzhou is to serve the country through industry, Mi Wang, it's not easy for me, please be considerate of each other."

No oil and salt!

Secretary Wang's call had no effect.

He angrily told several people that the country's richest man who was on a horse had changed into a man who was on a horse after he left Sichuan and Sichuan!
Later, Mu Wenrui, deputy director of Changhong Group, called Fang Zhuo and asked angrily, "Mr. Fang, what do you want?"

Fang Zhuo replied, "I don't want anything."

"Mr. Fang, you are so utterly disrespectful of honesty and business ethics. Everyone is watching!" Mu Wenrui reprimanded, "Don't you consider the consequences of the executive leaders and colleagues in the industry!"

"Who are you with?" Fang Zhuo replied contemptuously, hung up the phone, and directly blocked the number.

From this night to the next day, many people went round and round to express their opinions with Mr. Fang, but his stubbornness and indifference caused Changhong's stock price to fall to 7.26 yuan.

从2月12日开盘7.53元，截止到2月22日收盘7.26元。

In the middle of this is the billions of changes in Changhong's market value, and it seems that it has not bottomed out. The news of overseas products confirmed by the richest man in the country is as high as tens of billions!

If this problem cannot be solved, Changhong's share price will not recover.

However, even so, Fang Zhuo still has a blockbuster of Changhong more than one billion receivables that has not been released.

The richest man in the country did not buy oil and salt, and Changhong's stock price continued to fall. Even the company's announcement to clarify the overseas situation did not help, and it did not dispel the doubts of shareholders at all.

等到股价跌到6.25元，长虹的市值已经从2月12日的145亿变为120亿。

Under such circumstances, Ni Runfeng held the fourth board meeting in Fucheng.

He didn't say much, but still raised the issues that he wanted to study in these meetings.

There was an extremely strange atmosphere in the conference room.

Deputy Dong Mu Wenrui threw the document on the desk, and everyone else's heart skipped a beat.

Even Ni Runfeng was shocked. Could it be that Mr. Mu is not that kind of person, but this kind of person?

Mu Wenrui said with a straight face: "Who disagrees? Tell me, and I'll hear your reasons."

No one speaks.

Mu Wenrui said sadly: "Changhong is in a precarious time. We must unite all the forces that can be united. Is Mr. Fang's money all blown by the strong wind?"

"I figured it out, Boss Fang is here to help Changhong."

"Mr. Fang pointed out the technical route to us and brought industry experts to teach us. Don't we cherish it when we see it?"

"You talk about this and that, do you have the ability to make Changhong a success?"

"You are capable, why aren't you the richest man in the country?"

"Today, let me see who disagrees!"

The deputy director still got angry, keeping the atmosphere of this board meeting consistent with the first meeting.

In the end, the board of directors unanimously passed the acquisition of Luzhou Meiling and the decision on the direction of LCD technology upgrade amid Mu Wenrui's anger.

That night, with the collective opinion of Changhong's board of directors, Mu Wenrui forcefully pushed back Fucheng's administrative intervention.

He straightened his neck and made a generous statement: "Enterprise management has its own rules. If Changhong misses development opportunities, you will all be responsible!"

The next day, Shencheng said that APEX's products were unqualified, but not unqualified. It was hoped that the cooperation agreement would continue, and further negotiations with APEX were needed.

On this day, Changhong's share price first fell and then rose, slightly higher than yesterday, closing at 6.75 yuan, still lower than the 12 yuan on the 7.53th.

The local area of ​​Luzhou ushered in formal contact with Changhong, and will seriously discuss the cooperation space between Luzhou Meiling and Sichuan Shuchanghong.

Two days later, Zhao Yong, the deputy head of Fucheng, where Changhong's headquarters is located, saw Changhong's acquisition announcement, and would buy 1.2% of Meiling's shares at a price of 20 million.

In just two days, a cooperation related to the status of the major shareholder of the company ended so quickly.

Looking at the announcement, Zhao Yong felt helpless. Changhong's defeat was not a crime of war, nor his own fault. Turning hands into clouds, turning hands into rain, who can match such a method!

(End of this chapter)