Rebirth of the World’s Richest Man

Chapter 3669 The dust has settled

 Cheng Tianqiao didn't want to fight for it, but he knew that it would be useless to fight for it. What kind of character Jiang Xiaobai was? He was in the magic city, how could he not understand.

He held 18% of the equity and wanted to be tied with Jiang Xiaobai, the second largest shareholder, so he came in and fought for two board seats. Jiang Xiaobai worked hard for a long time and got nothing, only two board seats.

Why would Jiang Xiaobai be willing to do it? What kind of personality does Jiang Xiaobai have? Many cooperations have already been negotiated. It would be inappropriate to create extraneous matters with Jiang Xiaobai. Cheng Tianqiao even felt that competing with Jiang Xiaobai for the board seat would be better than grabbing it. Mr. Duan is more cost-effective.

 But just think about it this way, Mr. Duan is the largest shareholder after all.

So there is only one director seat. This most difficult thing to discuss was originally thought of at the end of the meeting. It would take some effort in the end, but what no one expected was that it could be discussed so easily. , without any effort at all.

Wang Zhidong also had a relaxed smile on his face when he heard this. The matter was finally settled, and a stone in his heart fell to the ground.

Furthermore, with such an adjustment, not only will their power on the board of directors not be weakened, but on the contrary, it will be strengthened. Huadeng International and Dell originally controlled three board seats.

 But now, he has one and Jiang Xiaobai gets three, which is equivalent to the total of four, Mr. Duan has three, plus one from Shengda Games, and he is still the chairman.

The board of directors has the final say. Even if Shengda Games supports Mr. Duan, Mr. Duan has no choice but to completely suppress himself.

On the contrary, looking at the way Cheng Tianqiao of Shengda Games treats Jiang Xiaobai, maybe Shengda Games will support Jiang Xiaobai. By then, the board of directors will have the final say, and he will be able to be a strong chairman for once.

Of course, from now on, he will be more dependent on Jiang Xiaobai. If Jiang Xiaobai does not support him, it will be difficult for him, but Wang Zhidong still understands Jiang Xiaobai.

Jiang Xiaobai doesn't support him, who does he support? Jiang Xiaobai has always been very supportive of himself. If it weren't for Jiang Xiaobai before, he might have been kicked out of the board of directors long ago, and he wouldn't be like now.

Wang Zhidong felt that things seemed good now. He nodded with a smile and said, "Okay, I'll let someone prepare the contract now. We will reconvene the shareholders' meeting this afternoon to elect the new board members of Xinlang."

Everyone nodded and had no other opinions. Although it was a little hasty to hold a general meeting of shareholders in the afternoon to start the general election, it did not affect it at all.

 And the longer this matter is delayed, the more inappropriate it is. Solve it as soon as possible to avoid long nights and nightmares. There are also the situation in the stock market, which need to be considered.

 In the afternoon of the same day, Wang Zhidong signed a strategic cooperation agreement with Shengda Games on behalf of Xinlang and Shengda Games, and at the same time re-elected the board of directors.

 Among the members of the new board of directors, the chairman is still Wang Zhidong, three people from Mr. Duan's side, then three people from Jiang Xiaobai, Zhang Tingting, Zhang Jun, and the last one is Cheng Tianqiao.

The series of cooperation agreements reached by the two parties, although for Shengda Games, are definitely not as good as directly merging Xinlang into Shengda Group, they are still a big addition to Shengda Games. of.

 For Shengda Games, their system is also more complete. The media has been watching for the past two days. After the re-election of the board of directors here, the outside world quickly got the news. Xinlang’s Wang Zhidong and Cheng Tianqiao and others were interviewed by reporters and media.

Although it was not said that a large-scale press conference would be held as before, the news was still spread on a small scale. At the same time, Shengda Games also announced a news. Shengda Games now holds 100% of the Eighteen percent of the shares will be gradually reduced to less than 15 percent.

Since it is no longer possible to control Xinlang, it is completely meaningless to acquire and hold so many shares in Xinlang, and it also takes up a lot of funds.

  It is better to free up funds and use them in other places.

 And more importantly, they only hold one director seat on Xinlang's board of directors. What are they doing holding so many shares in Xinlang? It's completely meaningless, so they must reduce their holdings.

And after this reduction of holdings, Xinlang can feel more relieved, which saves them from worrying all day long whether Shengda Games will increase its holdings of Xinlang's shares to more than 20% at any time.

 In this way, it is beneficial to both parties. The only thing that may have a slight impact is the stock price of the two companies.

For example, for Shengda Games, the stock price has grown very well during this period because everyone is optimistic about the acquisition of Shengda Games, Xinlang Company and Shengda Games. One of the two companies is now the most profitable Internet company on the market, and the other It is the most influential company among domestic Internet companies.

If these two companies merge, it will be a game where 1+1 is far greater than 2, and it will greatly improve each other's core competitiveness.

At present, the combined market value of the two companies is nearly US$3.4 billion. After the merger of the two, they can narrow the gap with Internet companies such as Yahoo, eBay, Google and Amazon, and widen the gap with domestic competitors. gap, establishing its leading position in the domestic market, and may even dominate the development of the domestic Internet industry.

 So the stock price has been soaring in the past few days, but if the acquisition is not successful now, the stock price will naturally fall.

 Also, Xinlang's stock price has also begun to fall. Of course, this stock price drop is only temporary. It is just a return to normal prices, and it doesn't matter at all.

 The normal fluctuations in the stock price of large companies are irrelevant. Its real stock price is based on its influence and profitability.

 The market will never underestimate the market value of any company, as long as the company has this strength.

So neither Wang Zhidong, Cheng Tianqiao, nor other shareholders paid much attention to the temporary fluctuations in the stock price.

At this time, Jiang Xiaobai had already taken Zhang Tingting on a plane to Citigroup. Baidu Company was about to be listed on Nasdaq. The date was approaching. As an invited guest, Jiang Xiaobai would definitely want to go public. past.

 (End of this chapter)