Reborn, you call this an honest person?

Chapter 262 Mergers and Acquisitions
After Wang Heng asked Sun Yutong to notify Pinxixi's shareholders to hold an extraordinary general meeting, he didn't care whether Sun Yutong would notify or not.

Wang Heng alone can represent Pinxixi's board of directors. Although he only has 13.5% of Pinxixi's shares, his shares have 10 times the voting rights, which means 135 votes, while the other 86.5% shares are only 1:1. voting rights, which is 86 votes,
135:86, more than 60%, the provisions of the company law on convening an extraordinary general meeting,
It must be proposed by shareholders with more than 1/10 of the voting rights, or more than one-third of the directors,

All these need to be approved by the board of directors, and Wang Heng has 6/10 voting rights, is the chairman, and has two-thirds of the directors.

So he wants to hold an extraordinary shareholders meeting, basically at any time, as long as he notifies other shareholders, it doesn't matter whether he comes or not.

At 3 o'clock in the afternoon, Liu Dong was waiting at the gate of Pinxixi's company on time.

After Wang Heng arrived, he took Liu Dong directly to Sun Yutong's CEO's office,
At this time, Sun Yutong did not stop his work because of Wang Heng's arrival. Sun Yutong had nothing to complain about.
He has been in a coma for 7 days. He didn't expect Wang Heng to wake up. If Wang Heng didn't wake up, or woke up a month or two later, then the situation would be different. He could only say that his luck was bad.

After Wang Heng arrived at the president's office, the secretary of the president's office wanted to stop him, but seeing that Wang Heng didn't dare to stop him,
In order to save money, Wang Heng didn't set up a chairman's office in the subsidiary company. He unified his office in Hengda Group. Now the president of the subsidiary company doesn't obey orders, and he doesn't even have anyone to order him around.
This was very angry, and he turned his head and glared at the little secretary and said,
"Go and inform that the executives above the company supervisor will have a meeting at 3:[-] p.m., and the executives who are late or don't show up will not be available for work tomorrow."

"Okay, chairman." The little secretary knew who was the biggest in the company, and now she didn't care about the president, and went to work according to Wang Heng's orders.
After the little secretary left, Wang Heng said to Sun Yutong again,

"Old Sun, I will give you a month to hand over the work. You will hand over the work of Pinxixi to Liu Dong. In addition, this month, you will help me with one thing, the acquisition of Jingdong. I will reward you if I don't change it. I will reward you another 1000 [-] shares of company stock,

If you don't do well, I'll send you to the dock. "

Sun Yutong didn't say anything about the shareholders' meeting at this time. Wang Heng's people have arrived at the company, so it's meaningless to talk about the shareholders' meeting and the board of directors.
Sun Yutong only wants to consider benefits now. The company rewards him with 1000 million shares every year. He got it last year, plus the previous 1000 million shares, plus the final reward of 1000 million shares.

He owns a total of 3460 million shares in the company. Although Pin Xixi's current valuation has dropped to 300 billion, this is entirely the result of suppression.
Not to mention 1000 billion, Pin Xixi is worth at least 6-700 billion. He owns 3460 million shares, worth more than [-] million.

Seeing Sun Yutong nodding, Wang Heng continued,
"The valuation of Pinxixi is 300 billion according to the financing and share expansion you announced. I will inject 200 billion into JD.com. Liu Dong, you can stay in Pinxixi and Sun Yutong for the next two days, and wait for the two companies to merge. After that, you will be the president of the new company."

financing?Wang Henglai's move is faster, and other shareholders cannot intervene in mergers and acquisitions.

Financing needs to take care of the emotions of other shareholders. At most, Hengda will be the lead investor. He can only take 25% of the 10% of the shares.

As for merging other companies, this is within the scope of the CEO's work. Except for the right to know and vote, the shareholders have nothing to do with it. They can only watch Wang Heng annex Pin Xixi,
And since Wang Heng didn't make the financing prospectus, they made the valuation, so they didn't even have a chance to go back on their word in the end, so they could only accept that Pinxixi was suppressed.

A 300 billion company annexes a 200 billion company and has to give up 40% of the equity, and this equity is all in the hands of Wang Heng, which is much more than the financing.

As for why JD.com owns 40% of the equity,
Wang Heng previously invested US$500 million in JD.com, 40% of the equity, and the other 60% was in the hands of Liu Dong, with a valuation of only 9500 million RMB.

For a company with a valuation of 9500 million, a capital increase of 200 billion is equivalent to only 0.5% of the original company's equity. Liu Dong takes 0.5% of this 60%, rounding it up, it is equivalent to Wang Heng's.

As for whether Liu Dong would accept JD.com's capital increase, Liu Dong immediately expressed his willingness to accept it. JD.com has no market at all now.
After merging with Pinxixi, JD.com still maintains it. Pinxixi Mall will be low-end, and JD.com will be high-end, and then Pinxixi will guide JD.com, so JD.com will not take off quickly!

In addition, as the president of the new company, Liu Dong also wants to be rewarded with 5 million shares in 5000 years and 1000 million shares in a year.
Recently, Liu Dong's girlfriend's family objected to him dating his girlfriend, is it because he is worthless?

After he sits as the CEO of a company with a valuation of 500 billion and an annual salary of tens of millions, let's see if they have anything to object to...

Wang Heng gave Liu Dong a lot of face, and finally said,
"After the merger, the company will be called Jingdong Group. The company will be divided into Xixi Mall and Jingdong Shopping, two subsidiaries. I hope that these two independent subsidiaries can be listed separately in the future."

Now Liu Dong has nothing to say. As for Sun Yutong, he is about to leave. There is no need to offend Wang Heng.

After Sun Yutong stopped being stubborn, Wang Heng also stopped being aggressive. After all, he wanted Feng Lei to work for him.

After Wang Heng finished arranging things, the secretary of the president's office came in and told Pin Xixi that all the executives had arrived.
Wang Heng led the way to the Pinxixi conference room, followed by Sun Yutong and Liu Dong.

At the meeting, Wang Heng officially notified Sun Yutong that he would resign in one month and that Liu Dong would be his successor.

In addition, a vice president was fired. Since vice president Li did not obey the orders of the headquarters, it was useless to keep him. He and Sun Yutong dealt with it together.

Facing such an ending, Vice President Li looked depressed. Like Sun Yutong, he thought that Wang Heng would never get sick.
So he never thought about fighting for power with Sun Yutong. If he knew this was the case, he directly agreed. Isn't he the president of Pin Xixi now?

After the meeting, Wang Heng immediately called Liu Luanxiong of Xiangjiang,

"Xiao Wang, I heard that you are sick and hospitalized? How are you doing? Are you alright?"

Wang Heng was originally in good health, and the cause of the coma is hard to say, so he avoided the topic and said,
"It's nothing serious, Big Liu, what happened to Chen Qizhong's Henglong Group?"

"Hahahahaha... The constant cage is about to be destroyed by us, and Chen Qizhong is now kneeling at the door of my house."

"Congratulations Liu, you have acquired another company. By the way, do you have much cash, Liu? Lend me 200 billion and pay you back in two months."

Liu Luanxiong started out speculating in stocks, so his cash is among the best in Xiangjiang. Wang Heng asked him the right person.

"It's okay to scrape together 200 billion yuan, and it's okay to borrow money, but your brother will settle the score, what mortgage do you use?"

Although Liu Luanxiong is currently worth only 420 billion, it is not difficult for him to make up 200 billion.

(End of this chapter)