The richest man starts from a street stall

Chapter 180 Anxious Smith Barney Executives

Wang Youcai rolled his eyes at him and said speechlessly: "Haha, Mr. Liu, where did you find hundreds of professional actors!"

Liu Wei fought back speechlessly. It was indeed not a navy, but he felt a little sour, but he was very lucky.

The sad thing is that Wang Youcai met Shenshi Company, not him.

Fortunately, if Smith Barney really has such a partner, the company's performance will definitely be very good, and the stock will rise sharply, and he will also benefit.

Watching this hot scene, Huayang can make him passionate, as if he has returned to the time when he was young and made his first pot of gold in starting a business.

In the past few years, the market has been sluggish, no, it should be the problem of Smith Barney, and it has been miserable every year, which often makes him worry.

Huayang couldn't help praising: "Shocking! If I have a hundred such directly-operated stores, Smith Barney can do without it."

Turning to Wang Youcai, "President Wang, let's visit two more stores while you have time."

He was still worried that it was just a hot family.

"Row!"

Wang Youcai nodded. He has seen many shops and knows them best.

In the morning, under the leadership of Wang Youcai, the four of them visited a total of three Meibang specialty stores of Shenshi Company.

Hua Yang and the others stopped doubting.

Several people were very excited, but also extremely apprehensive. They knew what the negotiations in the afternoon meant.

If the cooperation with Shenshi is successful, Meibang's performance will improve by leaps and bounds, and it may leap over Semir and ascend to the throne of the domestic mid-to-low-end clothing revenue ranking list.

If the negotiations fail, Smith Barney remains the same.

After lunch, we had a brief meeting.

Wang Youcai said: "Boss, it is difficult to impress Chen Shi just by reducing the discount. Our supply discounts have also bottomed out. Maybe there will be no profit."

Liu Wei was a little unconvinced and said: "Mr. Wang, what else do you want to do? Is it possible to transfer the shares to someone else?"

Wang Youcai retorted: "If you are Chen Shi, why should he cooperate with you!
Semir, Yichun, there are so many clothing companies in China, even if they give a low discount today, wouldn't other companies think of other ways?Can you believe that Chen Shi has been cooperating with you? "

"He founded a clothing company, not to mention opening a thousand stores, as long as there are two hundred stores, it doesn't have to be so popular, half of them will do, and the annual gross profit will be close to tens of billions. If it goes public, the market value will be tens of billions Isn't it normal?"

"Tell me, why should people play with you?"

Wang Youcai finished speaking in one breath, if the boss wasn't here, he really wanted to say, if it was him, he would really do that.

Liu Wei has another opinion on Wang Youcai, but it is indeed possible.

If Shenshi Company cooperates with Shenshi Company only for supply, the revenue of Smith Barney will increase greatly, and the shares will definitely increase.

However, if Shenshi Company takes a stake, it will enhance the confidence of shareholders and investment institutions. Maybe it will be no problem for Smith Barney to secure its position as a domestic low-end brand in terms of revenue, and its shares will definitely overshoot.

After all, ten companies get 3.6 million, one hundred companies get 36 billion, and one thousand get 360 billion.

Of course, this requires a process.

The problem is that Shenshi Company is making money very quickly and has no shortage of funds to open stores.

In 2012, the peak period of Smith Barney, the number of stores was as high as 5220, including nearly [-] directly-operated stores.

With so many domestic cities, it is normal for Shenshi to open a thousand stores, crowding out other mid-to-low-end clothing brands.

If the sales are so miraculous, it will be even more fuel to the fire if it is opened abroad.

Semir's annual revenue is only about [-] billion, with seven to eight hundred directly-operated stores and seven to eight thousand franchise stores.

If Smith Barney wants to surpass Semir in terms of revenue, as long as Shenshi Company opens [-] stores, it will take a year at the fastest or two years at the slowest.

At present, the market value of Smith Barney is only 55 billion, and it still falls every year. The stocks in these years have not been very good.

If the investment is successful, the production cost of Smith Barney will be reduced, the inventory rate will be low, and the profit and revenue will rise steadily. It is normal for Smith Barney's stock to rise several times in the long run.

Thinking this way, it is not bad for Shenshi Company to invest in shares.

Wang Youcai and Liu Wei seemed to be one doing bad things and the other doing bad things. Hua Yang made a big decision.

Huayang interrupted the argument between the two, and asked Wang Youcai: "President Wang, you have been dealing with Chen Shi for so long, do you think it is very likely that Meibang and Shenshi will hold each other's shares?"

"Boss, if it's me, I won't."

Wang Youcai didn't want to hit the boss, explaining,

"Based on Shenshi's only ten stores, the annual gross profit is nearly one billion, and the after-tax net profit is no less than 6 million yuan.

I heard that he also has more than a dozen small commodity stores, all of which are so magical.

God stone, really magical Chen stone.

If they open a hundred, or even hundreds of stores, and their after-tax net profit exceeds [-] billion, it is hard to imagine what kind of heights they will reach if they go public. "

"I feel that Chen Shi is a bit arrogant. Boss, if you mention mutual shareholding, he will probably be angry, and maybe he won't want to continue to cooperate with us."

Wang Youcai made up for Chen Shi's brain. He didn't want an agent he found with great difficulty to be lost by everyone.

Proposing such a mutual holding of shares is simply an insult to the low IQ of the other party.

It's like saying to a child, "Little friend, I'll give you a piece of candy. Can you give me the diamond in your hand? You don't need more, just one."

If the shares are mutually held, the weight will definitely not be too small, at least a few points of the total share capital, otherwise it will be meaningless and disgusting.

How much is 10% of Smith Barney for other Shenshi companies, one for one?
But at present, the assets of Shenshi Company are not worth that much money, it just has that potential.

If he wanted to exchange 10% of Smith Barney's shares for 5% of Shenshi's shares, and if he were Chen Shi, Wang Youcai would definitely not want to change it. He felt that 5% of Shenshi's shares were more valuable than Smith Barney's 10%.

I don’t want to pay even 1% of the shares. I don’t like others to intervene, and I don’t want my company’s shares to be too scattered.

If you want to repurchase one day, it will be very troublesome.

Huayang thought for a long time. The number of shares he holds accounts for 58% of the total share capital, and most of them are tradable shares.

Non-negotiable shares are not completely untradeable, but they can be circulated through auction or agreement transfer.

But if you do this, you must obtain approval from the China Securities Regulatory Commission for the transaction to be effective.

If you reduce or increase your holdings too much, you will report to the China Securities Regulatory Commission to prevent the company's stock from fluctuating too much.

For example, if the shareholding is reduced through market circulation (bid transaction), the total number of reduced shares cannot exceed 90% of the total number of shares within any 1 days.

If a large number of shares are transferred through agreement transfer, the transferor and transferee must disclose the information and shareholding reduction ratio within 6 months.

That is to say, if Huayang transfers 10% to Chen Shi through an agreement, this information must be disclosed within 6 months, and Chen Shi's identity cannot be concealed.

Moreover, Chen Shi cannot be transferred out within 6 months.

There are too many new rules and regulations for shareholding reduction, there are many ways to reduce shareholdings, and there are many rules.

As long as they are controlling shareholders and shareholders holding more than 5% of the shares, they have always been the focus of regulatory attention.

There are not so many restrictions on increasing holdings.

It is easy to increase shares, but it is difficult to reduce holdings.

Huayang planned to talk to Chen Shi first to see the situation first. In fact, there is no harm in transferring the shares, as long as the voting rights are in his own hands, he is not so stubborn.

Thinking of this, he felt that letting Shenshi Company take a share would bring many benefits and make the cooperation more stable. He was afraid that Chen Shi would not want to hold shares.

After all, Smith Barney's stock has been falling, from about 20 yuan the year before last to [-] yuan today, which is not very popular.

If it is sold, it must be a discount transaction.

Next, a few people gathered their thoughts and discussed what might happen.

There is not much time to continue the communication, and we are ready to go.

(End of this chapter)