Rebirth of the Wild Age
533【Behind the Joke】
Huadu, NetEase headquarters.
A series of negative incidents have made NetEase panicky. In particular, the resignation directly caused a major earthquake within the company, and the subsequent series of personnel adjustments were even more dramatic.
Song Weiyang walked directly into the innermost chairman's office, and many NetEase employees recognized him, and immediately discussed in private.
Song Weiyang is going to take over the company?
Golden Bull Capital was originally one of the shareholders. Song Weiyang may increase the shareholding ratio.
If our company is really bought by Song Weiyang, there may still be salvation. Now I don't know if I should resign.
Song Weiyang is not a god. Look at the Sohu and Alibaba he invested in, they are still dying just like our company.
Hey, everyone is shouting about the Internet winter, when will this winter pass!
...
The assistant opened the door of the office and reminded: Chairman, Mr. Song is here.
Ding Sanshi immediately got up to greet him: Lao Song is here, please sit down!
Song Weiyang smiled and said, How does it feel to monopolize the power of the company?
Don't make fun of me. Ding Sanshi's expression was very ugly.
Song Weiyang asked curiously: What is your operation for early dismissal? I don't understand it.
Ding Sanshi said: These two people are cheating and forming cliques. Even if there is no takeover incident, I will find a reason to kick them out.
That's a good time to make personnel adjustments. What's lost is what's lost, and what's gained is mulberry. Song Weiyang said.
The dismissed CEO is Li Jinhui, a native of Wanwan, who has rich management experience in large enterprises.
When Ding Sanshi received a large amount of financing, Ding Sanshi was still relatively immature, he didn't know how to manage the company, and at the same time he believed in those business experts. Therefore, Ding Sanshi agreed to let Li Jinhui be the CEO after being recommended by NetEase's shareholder organization. After Li Jinhui took office, he recruited two more people from Wanwan, one as coo and the other as marketing director.
In this regard, NetEase's management, personnel, operations, and sales are completely controlled by the Wanwan Nabo people.
Li Jinhui's English name is king. When Netease explained the personnel structure chart to the outside world, it would point to the big screen and say, Li Jinhui, king, our king. Li Jinhui also has a huge personal bodyguard, who is always with him By his side, and often guarding the door of the office, as if he was an Ouchi bodyguard protecting the king.
That's all. What really made Ding Sanshi unbearable was the discovery that Li Jinhui had paid huge sums of money to Saatchi \u0026 Saatchi and Saatchi \u0026 Saatchi Company, but he hadn't received the corresponding return.
Saatchi \u0026 Saatchi is a 4A advertising company headquartered in Paris. Li Jinhui previously served as the CEO of its China region. He paid a large amount of NetEase funds to Saatchi \u0026 Saatchi for publicity, so there is a lot of room for manipulation, and from the actual situation, this person is likely to cooperate with Saatchi \u0026 Saatchi to embezzle NetEase's funds.
Therefore, taking advantage of the good opportunity of the acquisition negotiation, Ding Sanshi couldn't wait to let Li Jinhui leave with his confidant.
The final failure of the acquisition also has something to do with Li Jinhui. Because Cable Broadband had to investigate the actual situation of NetEase before the acquisition, when everything was negotiated, it was discovered that Li Jinhui's confidants had not correctly reported the terms of the contract with the third-party advertisers to the financial department. This not only caused problems in NetEase's first quarter financial report, but also affected the contracts signed by NetEase in the near future.
Later, Nasdaq suspended NetEase, which was actually not intentional by Ding Sanshi, and it was all the follow-up effects of this operation.
Ding Sanshi said depressedly and angrily: What kind of senior CEO of a multinational group? I was so new to him in vain. This guy is a white-eyed wolf! When NetEase's development momentum is good, he can still do things seriously. When the Internet winter comes, He and his subordinates frantically made money out of his own pocket. If this acquisition didn't require a third-party investigation, I wouldn't even know how bastard this guy is!
Song Weiyang asked, Can't you sue him?
Ding Sanshi shook his head and said: He is a master, and all operations are on the edge of the law. You can only say that he has bad vision, poor ability, and serious dereliction of duty, but it cannot prove that he has dirty the company's business. Money. Anyway, I don’t dare to use his group of people now, and I recently dismissed nearly half of Netease’s senior management. Now the company’s personnel are frequently transferred, and business and management are in a mess.”
Song Weiyang said happily: The outside world doesn't know the inside story, and they all think you are crazy about wanting to cash out, and now everyone is laughing at you.
Seeing Song Weiyang's playful smile, Ding Sanshi immediately said angrily, You also came to see my joke?
You've learned a lot from a pit, so what's the joke? Song Weiyang added, Although it's really funny.
Ding Sanshi said depressedly: If you do this again, I will see you off.
Song Weiyang put away his smile and said sternly, You are now the chairman and concurrently, and you have completely controlled NetEase. What are you going to do next?
Ding Sanshi said: The top priority is to stabilize the internal affairs, and Monternet's short message business should also be rectified. In addition, I am in contact with the mobile company, and Monternet will launch value-added services such as weather forecast and daily news. The next step is to independently develop online games. Games I have decided on the name, and it will be called A Chinese Journey to the West.
Song Weiyang nodded again and again: Not bad, you used to think about how to sell NetEase to cash out, and now you finally started to develop the company with your heart.
Ding Sanshi cried bitterly: There is no way, the company is sold and cannot be sold, so it can only develop slowly. Now I don't believe in anyone, only myself, the great man said it well, self-reliance, enough food and clothing. Begging from others is Those who can't make a fortune can only make a career by themselves! By the way, you will not disclose my development plan to Zhang Chaoyang, will you?
Do you still need me to reveal? Sohu also has related plans, and it is estimated that Sina is similar. The three of you may have to use your brains. Song Weiyang said.
Monternet was really the savior of early Internet companies in China.
Tencent's crazily profitable mobile qq has made the three major portals jealous, and they all invest new profit points on it.
Zhang Chaoyang will soon launch the Fashion Mobile Tour project, and very narcissistically act as the image spokesperson himself, leading the team to promote one city after another. This guy never read martial arts novels, but let his subordinates use martial arts culture as a publicity stunt. Those subordinates are probably ancient dragon fans, and they created the so-called six weapons. The passionate ring is mobile phone dating, farewell hook is mobile phone alumni records, overlord gun is mobile phone news, longevity sword is mobile phone ringtone pictures... …
Ding Sanshi confided his heart there, and finally couldn't help asking: Old Song, tell me the truth. You have always said that you are optimistic about NetEase, when can you continue to invest?
Of course it was when the stock price hit the bottom. Song Weiyang laughed.
Ding Sanshi said: Now we have reached the bottom, and there is no way to continue to fall!
Song Weiyang said, That's why I'm here.
Ding Sanshi immediately sat up straight: How much do you plan to cast?
Song Weiyang said: It's not how much I plan to invest, I'm pulling my friends to vote together. You ask other shareholders, who is willing to sell, buy 2 cents per share higher than the market price, how much we want.
Okay, let me ask. Ding Sanshi finally felt a little better.
Song Weiyang immediately stated his overall plan, and Ding Sanshi expressed his willingness to cooperate.
For off-market agreement acquisition, it depends on which shareholders are willing to let go, and it should be possible to buy a part, at least 10%. As for on-market repurchases, in order to prevent capital from manipulating stock prices, the United States has strict time, price and quantity regulations for this, and in the end, it has to purchase tradable shares in the market normally.
But no matter which way it is, it will increase the stock price to a certain extent. Of course Ding Sanshi is happy to see this situation.
Although Song Weiyang didn't have much cash left, Jinniu Capital was very rich. After the Asian financial turmoil, Jinniu Capital bought a large number of stocks of listed companies at the bottom. Song Weiyang ordered Jinniu Capital to quickly sell these stocks as soon as the Internet bubble burst in the United States.
This operation aroused the resentment of many people at the time. In the eyes of senior practitioners of Taurus Capital, Song Weiyang was simply neurotic.
At that time, the major financial institutions in Hong Kong City were indeed selling stocks, but they were all technology stocks. As for stocks in traditional industries, the elites in the industry have always believed that they can go up for at least another three years (it has to go back to the market before Soros came).
Song Weiyang didn't care about that at all, and gave Du Cong, the president of Jinniu Capital, a death order to sell all the Hong Kong stocks he held within two months. Those who couldn't agree with this operation could choose to resign.
Half a year later, those who regarded Song Weiyang as a fool instantly regarded him as a god.
Because after the technology stocks in Hong Kong City continued to plummet, it gradually affected the entire market, and they collectively dived in the fall. Although Taurus Capital did not sell at the highest point, and it was far less profitable than those who left the market in the summer, they perfectly realized their retreat.
The current investment environment is very bad. Jinniu Capital does not dare to spend money recklessly. It only bought a batch of Phoenix Satellite TV when it was listed, and then took down half of the office buildings. Now it still has more than 100 million US dollars in funds. how to spend.
To be honest, the Hong Kong stock market has recently recovered, and Xifeng's stock price has risen slightly for a week in a row.
But Song Weiyang has been pressing Jinniu Capital not to move around. He doesn't know about other things. He only knows that the 911 incident is coming soon. 911 not only knocked down the Twin Towers in the United States, but also brought the Internet from early winter to severe winter, and by the way, the economy of Hong Kong City also slipped into the abyss.
In the first six years of Hong Kong's return to the motherland, four of them suffered economic recession... This year was supposed to recover slowly, but it was badly hit by the 9/11 incident.
Song Weiyang said: The plan to acquire NetEase's stock must be completed before next summer. I believe you will be able to make NetEase bigger in the future.
Ding Sanshi is conservative in doing business, but now he is more conservative after being tricked by the CEO. He said: Whether you buy back on the market or buy it off the market, you can continue to raise funds to increase your holdings, but my shares cannot be lower than 51%. Said To put it bluntly, I don’t trust anyone now, I only trust myself, and I must have absolute control to be at ease.”
Hahaha, Song Weiyang laughed loudly, This is very rare in listed companies. Old Ding, you are a shadow of a snake. But it's up to you, I want as much as you like, and I don't bother to argue with you.
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