Rebirth of the Financial Crisis Sweeping the World

At 4 o'clock in the afternoon, the stock market had just closed.

Wing Lung Insurance Company.

Wang Guanxi has brought the five executive directors of Catalan Auto Insurance and a group of senior executives of Catalan Auto Insurance to the conference room.

In the conference room, executives from Wing Lung Insurance gathered.

Wearing big sunglasses, Wang Guanxi walked up to the stage, glanced at the crowd, opened his mouth and said, "I am the boss here now, and I announce that all executives of Wing Lung Insurance will be demoted by half-time, and your positions will be temporarily assigned by Catalan Auto Insurance." The executives are concurrently serving, and when you perform well that day, you will become a full-time employee, do you understand?"

"Understood the boss." Everyone was quite afraid of this mysterious boss. He was wearing big sunglasses, and his aura was extremely frightening. One could imagine the indifferent face under the sunglasses.

"Well, it's good to understand." Wang Guanxi looked at the crowd, thinking in his heart.

There should be a lot of moths in Wing Lung Insurance, otherwise they wouldn't have bought such IndyMac Bank bonds.

Thinking of this, Wang Guanxi said again: "The executives who belonged to IndyMac Bank will resign within three days."

"Okay, the meeting is over"

Then everyone left.

Wu Zhankun came to Wang Guanxi's side and said, "Oh, I'm finally free."

After speaking, he looked at the meeting room with some reluctance.

Wang Guanxi suddenly said: "Brother Zhankun, you should continue to be a director."

Wu Zhanhai said without thinking, "OK!"

Wang Guanxi let Wu Zhankun continue to serve as the executive director of Wing Lung Insurance, and at the same time, the five executive directors of Cathay Motor Insurance also served as the executive director of Wing Lung Insurance.

"Zhan Kun, we will work together in the future, haha" Zhang Youde laughed.

In fact, he has been very miserable recently. The company under his banner closed down and suffered huge losses. After he sold Catalan Auto Insurance to Wang Guanxi, Wang Guanxi also gave him a salary and let him be the executive director. not bad.

This Wu Zhanhai is also very unlucky, and the company is gone. Fortunately, he sold it in time and sold it at a reasonable price.

"That's really an honor. In fact, we are all just part-time executive directors." Wu Zhankun smiled wryly.

As the executive director of Wing Lung Insurance, I still get an extra salary, which is not bad, and I usually help Wang Guanxi manage the company.

Wing Lung Insurance is a trap. Let Wang Guanxi deal with it. The debt problem and the problem of insufficient solvency adequacy ratio should all be handled by Wang Guanxi.

Anyway, he should think about it carefully, he will not be short of money in what industry he will do in the future, and his cousin Wu Zhanhai still owes him 100 million.

He was a little tired to continue working in the insurance industry, especially after he was cheated by IndyMac Bank in the United States once, he doubted his life, so he should be quiet during this time.

At this time, Wang Guanxi said: "Hold a general meeting of shareholders and announce the privatization and delisting of Wing Lung Insurance."

"OK"

Then the general meeting of shareholders of Wing Lung Insurance Company was held.

Wang Guanxi did not attend the shareholders' meeting, but instead divided the shares into 6 shares and authorized six people to attend the Wing Lung Insurance's shareholders' meeting.

A representative of Asia Financial Holdings also attended the general meeting.

At the general meeting of shareholders,

With 60% of the votes, it announced the privatization of Wing Lung Insurance Company and forced the acquisition of stocks in the market.

The representative of Asia Financial Holding Company quickly notified his boss who called him, and Chen Tianqing, the chairman of Asia Finance, was completely dumbfounded when he heard about the situation!

"Bastard, I'll go right away"

"Wu Zhankun, this kid really found a financial backer, and they jointly targeted me and refused to let me buy it."

Then he quickly left the office and rushed to Yonglong Insurance Company.

In the meeting room, Chen Tianqing firmly opposed the privatization of Wing Lung Insurance Company, and now he still holds 20% of the shares. This time the loss was terrible!

He was cut off by Catalan Auto Insurance.

Not only was it impossible to acquire Wing Lung Insurance at a low price, but the stock was smashed too low due to the smashing of the market, resulting in huge losses.

This time, he lost his wife and lost his army.

But it is useless to oppose privatization. Wing Lung Insurance still needs to be privatized.

The purchase price of the privatization of Wang Guanxi's horsemen is the market price, 0.5 yuan per share!

It will be published tomorrow.

Chen Tianqing firmly opposes the privatization of Wing Lung Insurance by Catalan Auto Insurance at market price!

Claiming to split Wing Lung Insurance Company and auction assets.

But it was useless, and the objection was invalid. At the shareholders meeting, Wang Guanxi's horsemen still insisted on privatization at a price of 0.5 yuan per share.

At this time, Chen Tianqing said that he would sue, and he was determined not to sell the stock at a price of 0.5 yuan per share!

He doesn't sell stocks, so Wang Guanxi has nothing to do. The so-called compulsory acquisition does not mean that he can forcibly acquire the other party's stock without the consent of the shareholders.

However, Wang Guanxi does not want Chen Tianqing's Asia Finance and Insurance to continue to hold 20% of Wing Lung Insurance's shares.

So negotiations took place.

Chen Tianqing opened his mouth and said, "Ask the benefactor behind you to come out and talk to me."

At this time, Wang Guanxi walked into the conference room and said with a smile, "Old Chen, don't come here without any problems."

"Damn, Wang Guanxi, it's really you." Chen Tianqing's expression changed immediately, he didn't expect that it was really Wang Guanxi who was operating behind the scenes, the large-scale buying in the market this morning must have been done by Wang Guanxi.

When Zhang Dexi from Jiatai Auto Insurance appeared in the conference room, he guessed that Wang Guanxi was behind him.

"Old Chen, it's important for us to talk directly about the business." Wang Guanxi thought for a while and said, "Old Chen, the price is only 0.5 yuan."

"It's useless for you to hold 20% of the shares. I told you that Wing Lung Insurance will be delisted immediately, and then it will never be listed, and will never pay dividends. You hold this 20% of the shares, which is also waste paper."

Chen Tianqing resolutely said: "No, this price is too low, I will sue in court, apply for dissolution of the company, and then auction the assets"

If serious difficulties arise in the operation and management of the company, the continuation of the company will cause heavy losses to the interests of the shareholders and cannot be resolved through other means, the shareholders holding more than 10% of the voting rights of all shareholders of the company may request the court to dissolve the company.

This is the case now.

If you don't let me be good, you don't want to be good either.

Wang Guanxi persuaded: "Old Chen, don't be so stubborn, it's useless, and it can't be dissolved. Even if it files for bankruptcy, Wing Lung Insurance is now insolvent, and you won't get a penny."

If Chen Tianqing loses, he loses. He won't admit defeat, and he can't dissolve the company. However, Wang Guanxi is eager to privatize Wing Lung Insurance and turn it into a 100% holding company, and then mobilize all funds so that funds can circulate among each other.

However, it was hindered by Chen Tianqing.

"Old Chen, let me tell you the truth. Wing Lung Insurance will be delisted forever and will never pay dividends. You should sell stocks, it's useless."

Wing Lung Insurance will make a lot of money in the future, so we can't just keep paying dividends.

Chen Tianqing's Asia Insurance holds 20% of the shares, and it cannot be compulsorily acquired unless he agrees.

Chen Tianqing: "Wang Guanxi, you are so wicked, you actually cut me off behind the back, I don't care, anyway, if I don't get Wing Lung Insurance, you don't want to get it, I'd rather it go bankrupt"

Speaking of which, Chen Tianqing was so depressed and angry!

Unexpectedly, Wu Zhankun and Wang Guanxi would join forces to deal with him.

All his hard work finally became Wang Guanxi's wedding dress, and he couldn't swallow this bad breath in his heart!

Wang Guanxi thought for a while and said, "Old Chen, tell me, what price do you want?"

He wasn't worried that Chen Tianqing wouldn't sell it, it was just a matter of price.

"At least 1 yuan per share," Chen Tianqing said bluntly.

Wang Guanxi denied: "Impossible, Wing Lung Insurance is not worth that much money now, and no financial institution will give you this price if you go to any financial institution."

Everyone knows what Wing Lung Insurance is like now, and it is not worth the price at all.

Chen Tianqing asked: "Then how much do you say?"

He knew that Wang Guanxi was eager to privatize Wing Lung Insurance and swallow this piece of meat. After all, Wing Lung Insurance still has 3 billion assets. Although the debt is also very high, it will take a while to digest it. If it is operated properly in the future, it will still be very valuable. .

That's why he wanted to acquire Wing Lung Insurance. His Asia Finance was rich and had plenty of cash, which was enough to solve Wing Lung Insurance's problems, but he never expected that Wang Guanxi would come out halfway and pick his peaches.

At this time, Wang Guanxi made a quotation and said, "Old Chen, I will give you 0.6 yuan per share for your 20 million shares."

0.6 yuan per share, which is 12 million Hong Kong dollars.

Chen Tianqing objected: "0.9 yuan"

"0.7" Wang Guanxi continued to bargain and said: "0.7 yuan is the highest, no more increase, Lao Chen, if you disagree, I can only withdraw from the market first."

"0.8" Chen Tianqing's tone was a little weak.

"0.75, Lao Chen, if you don't sell it, I'll disband, reorganize and split the company." Wang Guanxi said with a serious face, "I'll give you 5 minutes to think about it. This Wing Lung Insurance is a trap, and only I can take it." Come down, I will give you this price, if you don’t agree, I will dismantle and reorganize the company.”

Chen Tianqing struggled for a while, but did not speak.

At this time, Zhang Dexi reminded: "Old Chen, the 20% shares are owned by Asia Financial Holdings, and Asia Financial Holdings is not your company alone. We will go to other shareholders of Asia Financial Holdings to see Do they support you or not”

Hearing this, Chen Tianqing sighed, finally agreed, and said, "Okay, then 0.75 yuan per share."

After the agreement was reached, Wang Guanxi paid 15 million Hong Kong dollars to Chen Tianqing's Asia Finance Company, and Cathay Auto Insurance acquired another 20% of the shares, making a total of 80% of the shares!

Then Catalan Auto Insurance announced to the outside world that it would buy the remaining 20% ​​of the shares at a price of 0.75 yuan per share at a premium of 25%.

The next day, No., Friday.

The stock price rushed from 0.5 yuan to 0.75 yuan per share, and it was fixed here.

Retail investors also sold shares.

Because if you don't sell, once the company is delisted and no longer listed, you can't continue to trade stocks.

Wang Guanxi specially prepared funds of 15 million Hong Kong dollars to acquire the 20% shares in the hands of retail investors, completed the privatization of Wing Lung Insurance, and delisted.

This time, the acquisition of Wing Lung Insurance cost a total of 106 million Hong Kong dollars, and the Black Shirt Group had 4 million Hong Kong dollars left, which happened to be injected into Wing Lung Insurance.