20th of December.
In the morning.
Capital Hotel.
Far Away and Gome jointly held a press conference.
It was no small matter for two of the top companies in the retail industry to cooperate.
At least for those who paid attention to the developments in the business world, this news was very valuable.
There were many news reporters present, and the large conference room was packed with people.
On the podium, Li Dong said in a clear voice, "The cooperation between Far Away and Gome is of great significance. It is very important to the strategic layout of both our companies. As for Gome, as the number one company in the home appliance chain industry, working together with us, the number one company in the department store industry, means that our domestic retail industry has achieved a deeper breakthrough. Next, both of us will develop together, make breakthroughs together, and create the most comprehensive national retail brand. We will provide consumers with a more convenient and simple shopping experience … "
After a few pleasantries, Li Dong smiled and said, "That's all for today. If anyone has any questions, you can ask them now. But don't mention anything unrelated to this cooperation."
Every time he showed up, these people liked to ask some random questions.
Li Dong could not be bothered to answer these questions. He just greeted them in advance.
The reporters did not care much about this. As soon as he finished speaking, someone immediately said, "General Manager Li, I realized that Mr. Du did not speak much today. You were the only one speaking at the press conference. Does this mean that Gome might also show such changes?"
Li Dong was stunned for a moment, then he smiled and said, "You dare to say that? The reporters in Beijing are indeed sharper than I thought. But don't misunderstand, I'm a man. Plus, I'm a little younger, so I'll speak on behalf of Mr. Du. Of course, if you want to ask Mr. Du, then I won't say anything. Men are really not popular these days. "
Everyone suddenly laughed. Du Juan also said slowly, "General Manager Li is right. Don't have any other thoughts. The cooperation between Gome and Far Away is also something I've been dreaming of. But now there are too many things to do in the company, and I was a little distracted when I was thinking about things, which caused everyone to misunderstand. "
Everyone did not dwell on this point. Someone raised his hand and asked, "General Manager Li, Far away and Gome have reached a deeper level of cooperation. Does this mean that Far Away will vigorously expand into the home appliance industry?"
Li Dong smiled and said, "Actually, there's no such thing as great strength. In my opinion, it's all the same. Far away, whether it was home appliances or department stores, they were all doing it. They also hoped to be the best. There was no need to deny this point. Every company hopes to become stronger and bigger, and I am no exception. "
"So far away is working with Gome. How will Suning, Best Buy, and the others respond?"
Li Dong said, "Of course it's a win-win situation and progress together. The domestic market was so big. How could there be a war? Even if the domestic market is saturated, the world is so big. Now it's called a global village. We haven't even reached a corner of the village. There are plenty of places for us to expand. So, it's better not to ask questions that will lead to war. Am I, Li Dong, that kind of person who likes to fight? "
The room instantly quietened down.
Du Juan, who was sitting beside him, could not help but look at him. He was so young, yet he was so thick-skinned. How did he train to be so thick-skinned?
Li Dong ignored them and continued, "All in all, our cooperation with Gome is very pleasant. Gome's shareholders, including the directors, are also 100% friendly towards our entry. Mr. Cheng Xiao and Mr. Du have always said that working with Far away is the best choice for Gome. And I personally feel that working with Gome is our biggest achievement in 2008. "
Li Dong said a few empty words, but Du Juan did not care.
Regardless of whether it was pleasant or not, welcome or not, at this time, even if they were not welcome, they had to show that they were.
Next, Li Dong casually answered a few questions and the press conference ended.
…
Du Juan's secretary came down from the front desk in a hurry.
When the secretary saw Li Dong, she subconsciously stopped with a touch of fear on her face.
Du Juan slightly frowned and whispered, "What's wrong?"
"Mr. Du …"
The secretary glanced at Li Dong. Li Dong smiled and said, "You guys continue chatting. I will leave first."
Du Juan smiled and said, "General Manager Li, take care."
"You are welcome."
Both of them exchanged greetings for a while. Du Juan's secretary was so anxious that her head was full of sweat. When Li Dong walked a few steps, she immediately said, "Mr. Du, Mr. Zhou just called! Fukang and Far away had proposed a share transaction. Now, the company urgently held a temporary board meeting. Mr. Zhou wants you to go back quickly! "
"What?"
Du Juan was shocked and said angrily, "You said Fukang wants to carry out a share transaction with Far away? What transaction? How? "
"Far away wants to buy all of Fukang's shares!"
"Nonsense!"
Du Juan was furious. Looking at Li Dong, who was not far away, Du Juan quickly chased after him.
At the door, Du Juan caught up with Li Dong and angrily said, "General Manager Li, what is the meaning of this?"
Li Dong was surprised and asked, "What's wrong?"
"Li Dong!"
Du Juan didn't even call General Manager Li. She angrily said, "What's going on with your share transaction with Fukang? We had just reached an agreement, held a press conference, and established the board of directors! Now, you are telling me that you want to buy Fukang's shares? Li Dong, you are going too far! "
Du Juan was furious. Li Dong's ambition had been exposed too quickly, and he was too impatient!
The press conference had just been held, and he wants to buy Fukang's shares?
No, the transaction had already been submitted to the board of directors. Obviously, it was not just a discussion. Li Dong had planned this a long time ago!
Du Juan was shocked, angry, and afraid at the same time. She loudly scolded!
Li Dong frowned and said, "President Du, pay attention to your image and influence.
It's just a normal share transaction. Fukang took the initiative to look for me, and they want to sell their shares. How can I refuse?
Even if the transaction is completed, I will only hold 16% of the shares. What's the big deal?
I don't intend to reorganize the board of directors, nor do I intend to change the board of directors.
Do you understand what I mean? The point is that I want our cooperation to be closer.
Moreover, you know Fukang's background, and I don't want Fukang to be a nail in the coffin. Do you understand what I mean?
Fukang's existence is not beneficial to us. "
"But …"
Du Juan wanted to ask, but she didn't know what to ask.
Ask what?
Ask Li Dong why didn't he tell her in advance?
What a joke. Why would he tell her about the transaction between Li Dong and Fukang? It's enough to submit it to the board of directors.
Ask Fukang why they looked for Li Dong and not her?
Nonsense, the Huang Family doesn't have money!
The Huang Family had even sold their shares. At this time, Fukang's first choice was Li Dong. Why would they choose her?
But no matter what, Li Dong's actions at this time still made Du Juan furious.
16%? No matter what?
Nonsense!
Far away took over Fukang's shares, and he instantly became the second largest shareholder.
Furthermore, Far away had three people on the board of directors!
Two executive directors and one non-executive director. This will greatly affect Gome's decision.
Du Juan took a deep breath and suppressed her anger, "General Manager Li, are you sure you want to do this?"
Li Dong smiled, "It's not that I'm sure, but I don't have any reason not to do it. President Du, ask yourself, if you were in my shoes, would you agree? Fukang took the initiative to look for us, and I didn't contact you. This shows a lot of things. I can't not do business that's delivered to my door, right? Also, I know Fukang's motive. In fact, they already had the intention to leave when I entered the market. You should also understand this. Me taking over Fukang's shares is to save Gome from a big problem. "
Du Juan knew what he was talking about. She coldly said, "Even without General Manager Li, Fukang will not succeed!"
"Mr. Du, that's what you said, but it's hard to say.
Now, President Du should not be thinking about this. You should be thinking about the board of directors and shareholders' meeting. What are you thinking about?
To be honest, if I don't take over, I'm afraid not many companies can take over.
President Du, can you take out so much funds now?
Even if you take it out, your funds will be emptied, and you still need to borrow money. Is it really worth it?
I don't even know that you hold 35% of the shares, and one-third of the stores are not listed. What are you worried about?
16% of the shares, and if you dilute it, our shares will fall instantly.
If it's me, I won't worry about this.
Some meaningless worries that cause a gap between us are unnecessary.
Naturally, this is my personal opinion. President Du has his own considerations, and I will not interfere.
But Gome had just stabilized, and it's not a good thing for anyone to be in an uproar now.
Since I have invested a large sum in Gome, I also hope that Gome can do well. President Du should be more at ease. I don't understand what's there to be angry about. "
Du Juan nearly vomited blood from her anger. After a long while, she gritted her teeth. "Good! Very good!"
"Li Dong, there are some things that you and I both know! I also know what you're thinking. I never expected that you would be so impatient. Don't worry. I will not agree to the board of directors! The other directors will also not agree to it! "
Li Dong helplessly replied, "I can't do anything about it. Fukang is determined to make a move. Then, President Du, let's see if you guys can negotiate.
If it succeeds, I, Li Dong, promise that I will not interfere.
At this point, I, Li Dong, have already done my best.
I really don't want to make things unpleasant right now. It will have a great impact on our future cooperation.
But I will say it again. Since Fukang is looking for a cooperation, I must do it. In fact, I'm also facing financial pressure.
Mr. Du, measure others by your own standards. You have to understand my difficulties. "
Du Juan took a deep look at him. Without saying anything, she walked out of the room.
At this moment, it's useless to talk to Li Dong.
… …
Gome.
In the meeting room.
Cheng Xiao suppressed his anger and looked at Wang Yue. "President Wang, what's the meaning of this?"
Wang Yue replied, "It's a normal transaction. I don't understand what you're talking about."
"You …"
Cheng Xiao was speechless. He looked at Fukang's director and asked, "President Wu, what's the meaning of Fukang? The restructuring of the board of directors was completed yesterday, and you're Fukang's representative. Why didn't you inform us in advance if you want to transfer your shares? We have just announced the composition of the board of directors, and Fukang wants to sell its shares. Is this a joke? "
"President Cheng, I'm an executive director, not a non-executive director." Wu Minjie was astonished.
What he meant was that he's not representing the shareholders, but a manager involved in the daily operations of the corporation. So the transfer of shares has nothing to do with him.
"Alright, it seems like I misunderstood!"
Cheng Xiao suppressed his anger and said, "Then let's wait for President Du to come back and have a talk! In a nutshell, I don't approve of the frequent transfer of shares. "
"I also don't approve of it!"
Du Juan walked in and stared at Wang Yue and Wu Minjie. "President Cheng and I don't approve of it. Shelve the proposal!"
Shaking her head, Wang Yue replied, "There's no such clause in the company's constitution. Even if President Du and President Cheng have objections, they can't restrict the shareholders' rights.
Naturally, you can use the buyback rights if you have any objections.
Those who don't agree can talk to Fukang. This is everyone's right.
Far away can avoid arousing suspicion if you want to use the buyback policy, and you can talk privately.
However, Fukang's goal isn't just about money. Far away, Fukang has a request to make. So, I can't guarantee that we can reach an agreement.
The shareholders all have their own considerations. Forcing it on others will only make each other unhappy. There's no point in doing so. "
Du Juan gritted her teeth and did not look at Wang Yue. Instead, she looked at the directors on her side and said: "Far away, how much should we invest to acquire Fukang's shares?"
"1.5 billion."
"1.5 billion!"
Du Juan was stunned for a moment. Then, she knew that Wang Yue was right. The two parties must have negotiated some other deal.
Otherwise, it would be impossible for Fukang to sell its shares for 1.5 billion after entering Gome Far away.
Of course, he couldn't rule out the possibility that the other party was out of his mind.
Exhaling, Du Juan solemnly said, "Alright, I'll immediately go to Fukang to discuss the priority buyback. This transaction will be put on hold for now!"
Wang Yue said calmly, "Mr. Du, there's no rush. First, the shareholders' meeting and the board of directors' meeting would be over. After the board of directors' meeting and the shareholders' meeting, a resolution would be made. You all can continue to negotiate. But if you all still can't reach an agreement within 60 days, we will proceed with the transaction directly. "
According to the regulations, as long as the board of directors and shareholders' meeting approved the buyback policy, the shareholders with objections can negotiate with the other party within 60 days.
Once the 60-day period is over, the buyback policy will be invalid.
Of course, at that time, the shareholders can also file a lawsuit to forcefully buy back the shares.
But Gome is not suitable to go to that stage now. Du Juan understood this.
Although it's 60 days, if Fukang doesn't agree, 600 days is useless.
Du Juan gritted her teeth. She knew that this time, she might not be able to stop Fukang.
But she's not willing to give it a try.
She did not refute Wang Yue's words. She suppressed her tone and said, "Alright. Let's have a board meeting first. We will hold an interim shareholders' meeting in the afternoon!"
… …
Gome's board meeting was as expected.
Generally, the board of directors can't stop the shareholders from selling their shares.
They don't have the capital to buy back the shares. Other than Du Juan, even Cheng Xiao kept quiet.
At this moment, Cheng Xiao doesn't have that much money to buy back the shares.
It's meaningless to reject the proposal.
Only Du Juan, if she pooled together the funds, she might be able to buy back the shares. The key is to see if Fukang agrees or not.
At the interim shareholders' meeting in the afternoon, when the board of directors threw out this proposal, everyone was shocked!
Li Dong actually chose this time to buy Fukang's shares!
It's too fast. They were caught off guard.
The shareholders who came yesterday didn't leave today. That's why the shareholders' meeting was held so smoothly.
Although they were shocked, not many people refuted.
The shareholders' meeting was passed smoothly.
When the shareholders' meeting ended, the business world was in a state of panic.
It's hard to hide this kind of transaction from outsiders.
Especially these shareholders, there are all kinds of people. Old Liu is also there. It can be imagined that the confidentiality is not too high.
In the evening, almost all the entrepreneurs with channels know about this matter.
… …
Lin 'an.
Ma Yun rubbed his hands and said, "This guy is really fast. Gome is a little worried this time. "
… …
Beijing.
Liu Qiangdong sighed and said, "We cooperate with China Resources, Suning, and Gome. Now we have to continue to increase Gome's shares. If this goes on, Jingdong will be hard to go. "
… …
On the same day, Suning is talking about it, Best Buy is talking about it, and the people in the business world who know the news are talking about it.
Li Dong, this guy is always unexpected.
He just entered Gome not long ago, but he already controls 16% of Gome's shares.
This matter is almost certain to succeed. Du Juan will definitely not be able to compete with Li Dong.
Without full confidence, will Li Dong choose to go public at this time?
Moreover, the Huang family currently doesn't have the funds to buy back the shares.
If they want to find someone to help, two months may not be enough. Moreover, will anyone help at this time?
For the time being, Li Dong hasn't touched the foundation of the Huang family. In the eyes of outsiders, 16% of the shares is just pave the way for Li Dong in the future. At this time, it is not worthwhile to make a big fuss with Li Dong.
The two sides have just reached a cooperation agreement, and in the blink of an eye, how bad will this cause?
Based on this, unless Fu Kang himself agrees, otherwise, forcibly breaking the rules will make it more difficult for Gome to go.
And will Fu Kang agree?
… …
"Mr. Du, I'm sorry!"
Just when the outside world is guessing, Fu Kang's people gave a very definite answer. I'm sorry.
They are only willing to deal with Far away.
According to Fu Kang, it is not a problem of funds. Next, Fu Kang will have a series of cooperation with Far away, and even faintly told Du Juan that this is an agreement reached by the big boss.
And the agreement may involve the transaction of department stores.
Bailian and China Resources may be involved.
For these, Fu Kang doesn't care about the premium. They have a bigger demand.
When Fu Kang said this, Du Juan knew that she has no chance.
Moreover, Fu Kang also said that Far away will carry out the transaction in cash, and the money will be transferred immediately. Du Juan can't do this now. Without money, it is meaningless to talk about this.
Outside of Fu Kang's headquarters.
Du Juan is at a loss. What should I do?
Continue to drag on?
Or forcefully buy back the shares in court?
Or should I acquiesce?
She is so tired, really tired.
The mountain behind her suddenly collapsed. She is a woman, lonely and helpless. She can't even find someone to talk to when she is in despair.
At this moment, Du Juan really wanted to cry. She really wanted to curse.
The next moment, Du Juan couldn't hold it anymore and cursed. "Li Dong, you bastard!"
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