That night, Li Ying told Wei Wei with a red face while lying in bed.
Guo Xuesong was actually very conceited. That was why he gave up his position as the vice president of the security company and went out on his own. He wouldn't take a mere financial consultant seriously.
"Then you winked at him and he gave up on his principles. It seems that women are still more charming!”
"What are you talking about?" Li Ying pinched Wei Wei's waist in embarrassment and anger.
" He... has always wanted to chase me, all the way to Beijing, but I..."
"You don't like him."
"I think he's not generous enough.”
"What about me?"
Li Ying blushed and rolled her eyes at Wei Wei."What do you think? I'm already lying in your arms.”
"Okay, okay. Tell Guo Xuesong that we'll try him out for a while. If he's still okay, I'll let him be the head of the investment and security department and take care of the company's idle funds.”
In the afternoon, Shen Tong called again and asked Wei Wei out for tea.
Wei Wei had left early, so he got bored and asked the waiter to find him a local evening newspaper.
A piece of news in the financial section caught his attention.
"Galaxy has been losing money for two consecutive years and has officially changed its name to ST Galaxy.”
This once insufferably arrogant giant was also showing signs of decline. Wei Wei couldn't help but think of the time when he first came to Beijing. He was almost suffocated by this mobile phone giant.
As the saying goes, the speaker had no intention, but the listener had the intention. It was like a cat suddenly jumping out of the house. At that time, it was just a casual glance, and it took a long time to remember that a cat had slipped past him. When Wei Wei and Shen Tong were drinking tea, he recalled the news just now and couldn't help but feel excited.
The next morning, Wei Wei called Guo Xuesong to his office.
"Advisor Guo, how much do you know about Galaxy Phone?”
Guo Xuesong was indeed a veteran of the stock market. He blurted out without looking at any information.
"Galaxy Phone is a company that went public four years ago. At that time, as a new technology sector, this stock was very popular. It opened from 12 yuan and once rose to 80 yuan. Later, due to the influence of the bear market, coupled with the brutal competition within the mobile phone industry, it had suffered losses for years and had now fallen below the issue price.”
"Then help me check its current stock price and the composition of its main shareholders.”
"Can I use your computer?"
"Go ahead."
Guo Xuesong turned on Weiwei's computer and moved the mouse skillfully. He first downloaded a stock trading software from the Internet, and then easily pulled out all the financial statements of Galaxy Mobile.
He pointed at the computer monitor and said to Wei Wei,"Its current stock price is 7.1 yuan, and the main shareholders are some stock funds.”
"How much is its total share capital?"
Guo Xuesong clicked the mouse a few times." This is a small cap stock. The circulating shares only cost 50 million.”
"Circulating shares? Then are there still non-tradable shares?" Wei Wei was a little confused.
Guo Xuesong felt that he should explain to Director Lu.
"This is a unique aspect of the Chinese stock market.‘Galaxy Phone was originally made by a state-owned electronic tube factory. At the beginning of the listing, some of the debts owed to banks and upstream companies were converted into equity, so that they no longer needed to pay cash, and the funds were used in the form of dividends for a long time. These shares could not be listed on the market, but they could be transferred.”
"How many non-tradable shares are there?"
"There are a total of 110 million shares, of which Galaxy Mobile has 60 million shares, China Merchants Bank has 30 million shares, Torch Power Plant has 10 million shares, and other companies have 10 million shares.”
"In other words, if we can own more than 60 million shares, we can completely control the Galaxy Phone.”
"Chairman Lu, you want to buy Galaxy Phone?" Guo Xuesong was shocked.”
" Yes." Wei Wei's gaze was firm." Advisor Guo, I remember you saying that China's stock market is at a low point now and will rebound in the near future. If we buy the Galaxy Phone at this time, once it bounces back, the profits will be very considerable. Moreover, if we have absolute control over the Galaxy Phone, then all the resources it has: The assets, funds, projects, markets, and sales network were all at his disposal. The gains might not be measured by money.”
Guo Xuesong was already sweating. "Let me think, let me think…" he muttered.
Two days later, Liang Bingyu, Jiang Yuan, Tian Weidong, and Li Ying gathered in the conference room on the third floor of the Kun Peng Building. The security guards stood guard at the elevator on the third floor. No one was allowed to enter the third floor.
At the circular round table, Wei Wei was sitting in the chairman's seat with a solemn expression. Behind him, Guo Xuesong was pointing at the financial statements of Galaxy Mobile on the screen with a pointer to analyze the possibility of acquisition.
"Dear directors, just now, Advisor Guo has repeatedly elaborated on the pros and cons of acquiring Galaxy Phone.”After Guo Xuesong finished speaking, Wei Wei said.
The directors looked at each other, but no one said anything.
"The benefits are obvious. Once the acquisition is successful, I can use everything in Galaxy Phone, and Kun Peng Phone can become the largest mobile phone manufacturer in the country. We can also go public through the backdoor and become the first private listed company to go to the stock market to raise funds.”Wei Wei said.
" But," Jiang Yuan said hesitantly," the risk is too great! Just the current price of 7.1 yuan per share would require more than 400 million yuan to surpass Galaxy Phone and become the largest shareholder. Even if we give it our all, we can't afford this amount. Moreover, if he failed, the consequences would be unimaginable.”
"Yes, I am!" Tian Weidong seconded." The company is doing well now. It's on the rise. Is there a need for us to take this risk?"”
"I've calculated the funds. The company has a surplus in all sectors. We can temporarily freeze some unnecessary expenses. The company already had more than 50 agents in various places, and they could borrow money from other companies. Raising 100 million yuan should not be a problem. He could also borrow 50 million from the bank and expand the company's internal employees to raise 20 to 30 million. That would be enough.”Wei Wei analyzed confidently.
However, Jiang Yuan and Tian Weidong were still hesitant. Liang Bingyu was also silent. Only Li Ying was eager to try.
The situation was a little unfavorable.
Wei Wei couldn't help but sigh.
He stood up and stood by the window to look out for a while. Then, he returned to his seat and said emotionally,
"Four years ago, when I first came to Beijing, I was just an unknown kid from the Frontier. At the time, I saw a new technology called touch screen technology at the technology exhibition. I immediately called Mr. Barker over from Lanzhou. Two men with dreams decided to get involved in the mobile phone industry in an inconspicuous small hotel. At that time, we didn't even have a template for a phone case.”
" Two years ago, at the board meeting in Lanzhou, everyone wavered in the face of the cruel price war. They wanted to withdraw from the market, but they finally held on. Reality proved that his decision was correct. Now, more than 50% of the company's profits came from mobile phones.”
"It's true that the company is doing well now, but four years ago, Galaxy Phone was in a better position than we are now. Mr. Barker had once said that being vigilant in times of peace was an essential quality for every successful businessman. Fighting in the market was like sailing against the current. If you didn't advance, you would retreat.”
"Back then, Mr. Barker and I dared to take the risk and enter the mobile phone industry with our bare hands. Now, we have nearly one billion in assets and thousands of employees, but we're actually afraid. I wonder if Mr. Barker knows about this and what he thinks?”
Wei Wei's eyes were wet.
The directors also looked sad, and Liang Bingyu was already in tears.
She suddenly stood up and said,"I agree to buy Galaxy Phone."”
Even if it was to comfort Jiang Kunpeng who was sleeping underground, Liang Bingyu had to give it a try.
"I agree." Li Ying stood up with red eyes. She couldn't help but think of what Wei Wei had said at the Great Wall: "He is not a true man until he reaches the Great Wall! A real man was born between heaven and earth. He should have the same ambition as them and make an earth-shattering career.”
"I agree." "I agree." Jiang Yuan and Tian Weidong also raised their hands.
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]