Rebirth of the Cyber ​​Hegemony

Page 600

Chen Yu said with a smile.

Although Chen Xiao didn't say hello to Chen Yu before, as one of the major shareholders of Yongle Home Appliances, Chen Yu would make a phone call with Chen Yu no matter what.

"I'm sorry, Mr. Chen, it's my fault. It happened suddenly. I didn't know how to explain it to Mr. Chen."

"It's okay, you can explain now."

Now that the matter has already happened, Chen Yu will not worry about why Chen Xiao did this.

He did this, of course, for his own benefit.

"In fact, Mr. Chen, we think that e-commerce is just a virtual concept, and it doesn't help the entity too much. On the contrary, the e-commerce platform always subsidizes it with low prices, which also affects the physical stores. Therefore, Yongle has suspended the offline delivery model. For the profit of the store, we have no choice but to do so.”

"Understandable."

Chen Yu nodded, and then continued to ask: "Then how do you explain the suspension of our website's after-sales service?"

"That's what I was trying to tell Mr. Chen."

After thinking about it for a while, Chen Xiao said: "Mr. Huang from China Magnesium Home Appliances approached me and proposed the idea of ​​acquiring our Yongle Home Appliances. I agreed, so some after-sales services can only be suspended."

"That's also understandable."

Chen Yu also nodded.

Everyone in this world is not stupid.

It can't be explained on Chen Yu's side, but it can be completely explained on Chen Xiao's side.

It's just that Chen Yu's side was extremely calm, not even angry at all, but Chen Xiao was a little confused. All of a sudden, he didn't know how to continue the topic.

You know, before this phone call, Chen Xiao had prepared a series of speeches.

But it seems that there is no need to say these things.

"Mr. Chen..."

"What, is there anything else?"

"Uh, there's one more thing."

Although he didn't understand why Chen Yu wasn't angry at all, Chen Yu still said, "We will hold a general meeting of shareholders next week. Of course, if Mr. Chen disagrees with being acquired by Guomei, he can also vote against it."

"I see."

Chen Yu agreed.

Of course, he also knew.Chen Xiao said this because he thought it would be useless even if Chen Yu voted against it.

The general meeting of shareholders has always been about who holds more shares and who has the final say.

Even if Chen Yu holds 33% of the shares, he still can only listen to him, Xiao Chen.

"Then Mr. Chen, I won't bother you."

Chen Xiao was about to hang up the phone, but at this moment, Chen Yu thought of something and asked, "Wait, Mr. Chen, I'm a little surprised, why are you willing to be acquired by Guomei?"

"how to say."

Chen Xiao had already thought about this issue: "I appreciate Guomei's Mr. Huang, and of course, Mr. Huang also appreciates me. We feel that this kind of competition is not good for both parties. It is better to join hands to make the entire home appliance bigger. President Chen, what do you think?"

"Makes sense."

Chen Yu nodded again: "Then congratulate Mr. Chen first."

"Thank you."

One phone call and that's it.

"Sure enough, the merger between Gome and Yongle is about to happen."

Chen Yu sighed incomparably.

This reminded Chen Yu of his previous life, Chen Xiao almost sold Guomei.

It was pretty much the same then as it is now.

Guomei Huang Guangyu wants to acquire Yongle to expand its scale, and Chen Xiao also wants to cash out by selling Yongle.

It can be said here that at the very beginning, Chen Xiao hadn't thought of cheating Huang Guangyu.

But in the end, after Huang Guangyu was imprisoned, he teamed up with foreign capital to take the controlling stake in China Magnesium.

If it weren't for Huang Guangyu's series of operations in prison, Guomei might not have the surname Huang now.

But now it seems that this kind of thing can't happen.

With Chen Yu's intervention, he actually helped Huang Guangyu.

As for who has the final say on the general meeting of shareholders, that will only be known after the general meeting of shareholders is held.

That day, after Chen Xiao made a call to Chen Yu, in the evening, the news about Guomei's acquisition of Yongle officially broke out.

"I said why Yongle suspended the cooperation with Universal Technology. It turned out to be a big move."

"Huang Guangyu can't handle Huanyu Technology in e-commerce, but in the physical market, I have to say that few people are his opponents."

"The worst thing is Huanyu Technology. It spent a lot of money to invest in Yongle, but in the end it was controlled by competitors."

Several major e-commerce giants suspended the offline delivery mode before, and some did not know why they did so.

But now the truth is revealed.

Moreover, as soon as such news was released, a series of hypes on the Internet soon followed.

"National Magnesium has acquired Yongle, and the Huanyu Mall Promotion Festival will be cancelled."

"Is the b2c model really suitable for domestic e-commerce?"

"Don't participate in the Huanyu Mall Promotion Festival, you may not receive the goods for a month."

Although such news is hype, the effect is not bad.

Huanyu Technology had to issue an announcement saying that the Huanyu Mall promotion will be held as scheduled and will never be cancelled.

……

"Let's go, brother Jian, let's go to Yongle to attend the shareholders' meeting."

Having been messed up by these guys these days, Chen Yu has a headache.

However, Chen Yu didn't take these methods seriously.

Although this did cause some troubles for Huanyu Technology, but after the shareholder meeting is over, Chen Yu will let all Chinese people see what a reversal is.

"Mr. Chen, you are here."

As soon as he arrived at Yongle's headquarters, Chen Yu saw Chen Yu waiting in front of the main entrance.

Different from other companies, Yongle shareholders are relatively concentrated. Although a general meeting of shareholders was held, there were not many people attending the meeting.

Generally speaking, there are three parties in the general meeting of shareholders.

One of them is Chen Xiao's side.

The other party is Chen Yu, the major shareholder.

Another party is Bain Capital.

At that time, Yongle received a capital injection from Best Capital in its initial stage, so Best Capital also owned a certain amount of shares in Yongle.

"Since it's a general meeting of shareholders, if I, a major shareholder, don't participate, what will it be like?"

Chen Yu smiled happily.

After finishing speaking, he saw Huang Guangyu on the side: "Hey, this is Mr. Huang?"

"Mr. Chen, hello."

"Mr. Huang, you are also good."

Chen Yu was a little strange: "Mr. Huang, this time seems to be Yongle's shareholder meeting. Could it be that Mr. Huang is also a shareholder of Yongle?"

"Mr. Chen, don't get me wrong. You drive your car, and I'll be outside. We'll talk after you finish driving."

"Oh……"

Chen Yu heard what Huang Guangyu meant.

Then he deliberately said to Chen Xiao angrily: "Mr. Chen, you are wrong. You invited Mr. Huang here before the shareholders' meeting was held. Those who know will think that you have a good relationship with Mr. Huang, but those who don't I thought there was some insider trading between Yongle and Guomei."

"Mr. Chen misunderstood. Mr. Huang came here this time because he just wanted to communicate with us about a business. We will hold our shareholders meeting. Mr. Huang, you can drink tea here first."

Chen Xiao quickly smoothed things over.

"Row."

Huang Guangyu was not angry because of Chen Yu's words.

For him, although the shareholders' meeting has not yet been held, he and Chen Xiao have already discussed it.

The general meeting of shareholders is just a procedure.

Chapter 685: Shocking Reversal

"Every shareholder is here, then we begin."

As the chairman and CEO of Yongle Home Appliances, Chen Xiao sat in the middle of the shareholder meeting.

Next came Chen Yu and Zhang Jianming, representatives of Universal Technology, and representatives of Beth Capital.

Of course, several small shareholders also took their seats.

It's just that the shares held by several other small shareholders are very small, almost negligible.

Whether they vote or not has no effect on the resolution of this shareholders' meeting.

"As you all know, since Yonglezhi established its first store in Shanghai, it has now grown to 301 stores. It can be said that we have achieved great success. However, the offline market is extremely competitive. Suning, Dazhong and China Magnesium are our main competitors. In addition to them, there are also local home appliance brands in various provinces and regions.”

"We know that household appliances are a capital-intensive industry, and he needs huge capital to drive every market. And among them, if we rely on our strength alone, it may be difficult for us to compete in the future market. Therefore, I came up with the idea of ​​joint development with other home appliance companies. Everyone knows what happened next.”

"Last week, Yongle officially received a quotation from China Magnesium for us. The price was 100 billion yuan, which was 20% higher than the market price. This also reflected the sincerity and importance that China Magnesium paid to Yongle. In addition , although it seems that this is an acquisition of Yongle by Guomei. In fact, I prefer to think of it as cooperation. After Guomei and Yongle join hands, Yongle will continue to maintain independent development and own Yongle brand."

Chen Xiao introduced Guomei's acquisition of Yongle to the shareholders present.

"I believe that this cooperation with China Magnesium will expand the scale between the two on the one hand, and better integrate the resources of the two brands on the other hand, and enhance the competitiveness of the enterprise. Of course, all of this is my own. Since it is a general meeting of shareholders, I would also like to hear the opinions of other shareholders.”

After finishing speaking, Chen Xiao looked at Chen Yu.

Chen Yu shook his head and said, "Mr. Chen, I have no objections, please express your opinion."

It is purely superfluous to express opinions at the general meeting of shareholders.

Who will listen to your opinion?

It's not a debate competition, no matter how good your debate is, I'm sorry, how should I vote or how to vote.

"Since this is the case, in order to respect the rights and interests of all shareholders, we will now vote on the agenda of Mr. Chen Xiao, the chairman and general manager of Yongle, whether to accept the acquisition of Guomei Electric Appliances. Please raise your hand if you agree."

As the host, the deputy general manager started the voting ceremony of the shareholders meeting.

After speaking, Chen Xiao was the first to raise his hand.

In addition to Chu Xiao, several other small shareholders also raised their hands.

These small shareholders are the 47 employee representatives who founded Yongle Electric together with Chen Xiao.

They account for about 1% of the shares.

Chen Xiao himself owns 42% of the shares, and with the addition of these employee shares, the approval votes reached 43%.

As for Chen Yu's side, of course it was impossible to agree, so he didn't raise his hand.

Chen Xiao didn't care about it.

He never thought that Chen Yu would agree.

But it doesn't matter if Chen Yu disagrees, he had discussed with Beth Capital before holding this shareholder meeting.

As long as Bain Capital supports him, even if Chen Yu disagrees, it will have no effect.

Afterwards, Chen Xiao turned to Bain Capital.

But to Chen Xiao's surprise, the representative of Bain Capital did not raise his hand.

"Representative of Bain Capital, is there anything you don't understand?"