Chapter 1527: Broken ship has 3000 nails

Monday, May 11.
At 9:30 in the morning, Hong Kong stocks opened!
Teng Xun opened at 31.2 Hong Kong dollars.
From the opening, the decline exceeded all expectations.
When the distant place announced that the p of unloading Teng Xun's products exceeded 100 million, Teng Xun's greatest confidence was the number of online users at the same time, and the p-end fell below 10 million, which once again panicked investors.
Countless investors at this time were crying for the receiver, waiting for someone to enter the rescue.
And Teng Xun also responded to appease.
According to Ma Huateng's words, if it falls again, some things are still there.
With 10% of the shares in Yuanfang Mall, f still has one year of agency rights. According to Li Dong ’s bragging, the value of these two is tens of billions of yuan!
Plus Teng Xun's fixed assets, patented technology, brand ...
Even if Teng Xun has nothing now, there is always something worth 20 billion Hong Kong dollars!
In fact, far more than this price, after all, unless Teng Xun really does not continue to operate, as long as the operation continues, although withdrawing from the ranks of the first-tier IT giants, hanging some second- and third-tier enterprises is no problem.
If the market value falls again, will it not fall below 30 billion Hong Kong dollars?
Teng Xun said this time very directly. Calculated with a total share capital of 1.7 billion, if it falls below 20 Hong Kong dollars, then someone is definitely manipulating the stock market. In fact, it should not fall below 30 Hong Kong dollars.
Of course, 30 Hong Kong dollars, that means Teng Xun's market value is still above 50 billion Hong Kong dollars. Is there anyone who agrees with this point? It's hard to say.
But no matter what, the panicked investors are still a little quieter.
If it falls again, it will not fall below 20 Hong Kong dollars. This is what Teng Xun said. Although Teng Xun ’s credibility is very doubtful at this time, should Li Dong ’s things be believed?
Unless, Li Dong slapped his own face, insisting that his product was not worth it.
If you really want to do this, it is Li Dong ’s own loss that will only be bigger!
Once he said that the remote mall is worthless, f is worthless, what should we do with financing in the future? What about listing?
Although the big coffee can sometimes talk nonsense, it does not mean that everything can be nonsense.
In addition to Teng Xun's products from afar, their own things are still there. As long as the compatibility is restored, they dare not say that all users will come back, and it is inevitable to return a batch.
At that time, Teng Xun may have lost the status of hegemony, and he is still a giant-level figure in the second-tier IT companies.
Even Internet companies such as Focus, Ctrip, and Netease have billions of dollars in market value. Even if Teng Xun does not do instant messaging, or makes it smaller, on their basis, they specialize in gaming platforms or other things. difference.
Dare not say that the previous market value of 20 billion US dollars, 5 billion US dollars is not worth it?
Therefore, Teng Xun said that he would not fall below 20 Hong Kong dollars, which has been unanimously recognized by the industry and outside, and even some institutions have given a purchase price of 30 Hong Kong dollars.
As long as the secondary market share price drops by HK $ 30, it is worth buying.
Next, whether Teng Xun reorganized and continued to kill back the ranks, or chose to withdraw from the instant messaging field and switch to other fields, they would not lose money.
Or, Teng Xun chose to suspend trading and reorganize, and the industry was split up and merged. Anyway, the camel that was thin and dead was bigger than the horse.
Unlike Ali, which fell below the issue price, there is no possibility for Teng Xun.
The pricing of Ali's listing is actually a bit high. Their total share capital is much higher than Teng Xun's. The listing starts at 13.5 Hong Kong dollars, and the market value is as high as about 9 billion US dollars according to the issue price.
So Ali can fall below the issue price, Teng Xun will not.
A few days ago, it was a propaganda need. Faraway and a large number of experts hope that stockholders panic, and they need to suppress Teng Xun before saying to delist at the issue price. In fact, this may obviously not exist.
As soon as these analyses came out, although Teng Xun's stock price was still falling, he waited until it fell to about 28 Hong Kong dollars, and he began to hold it.
A capital institution is here!
Profit-seeking is the instinct of capital institutions. Although Teng Xun's situation is difficult at present, he may completely lose the hope of killing the first ranks again. However, even if he can't kill it, the current price can bear it.
And these institutions are well informed, and the Huaxia government has begun to intervene.
As soon as Monday started, the person in charge in the distance was interviewed, as were Teng Xun and Baidu.
Although the Internet is a virtual world, it does not mean that you can do whatever you want. The two-day battle on Saturday and Sunday has seriously affected the interests of countless netizens.
On Sunday, there was actually a mediation by the department, but the far side was delaying time, and the other day could bear it.
On Monday, including the heads of some departments of the Ministry of Industry and Information Technology, Li Dong personally called Li Dong with a more severe tone.
In this case, if the remote party doesn't want to hate these departments, within three days at most, compatibility will be restored, so as not to be enforced in the end, but lose face.
Three days, plus the previous three days, the longest time is six days. Although Teng Xun must have suffered heavy losses, six days is not enough for Teng Xun to die completely.
These situations are obvious, and the capital institutions are not stupid. When not to enter the market at this time, and then wait, you may have to enter from afar.
Of course, there are definitely restrictions on entering from afar.
While the other party is using commercial means to suppress the other party, while entering the market at a low price, a name that controls the stock price is inevitable.
To be more true, the distance must also suffer.
At this time, the probability of Li Dong entering the field is not large, especially for large-scale entry, and playing with a small amount of money is not a problem.
In fact, for Li Dong, making a small profit in the stock market does not make much sense.
Teng Xun won more than a bargain in the stock market.
...
distance.
Yuan Chengdao gathered several people together, and Liu Honghui reported: "The conditions were set on the ih side, and they also guessed our next choices with Teng Xun.
In fact, this kind of thing cannot be concealed from ih, after all, the other party is the largest shareholder.
ih means that they redeem the shares in absa's hands and hold a total of 44.5% of Teng Xun's shares.
And these shares, they hope to continue to be retained, waiting for our reorganization plan to be completed, and a proportional dilution.
Of course, the other party is still the same as before, only dividends are not involved in the management, the management power is given to the distant place, and the right to vote is also the same.
This condition is actually not unacceptable ... "
Liu Hong gave Li Dong a glance, he knew Li Dong's thoughts, but this condition was not too harsh.
Moreover, even if you want to buy back from afar, you have to be rich!
According to the current market price, the calculation of 30 Hong Kong dollars per share, the other party holds 44.5%, and the market value is more than 22 billion Hong Kong dollars.
Since ih sees the purpose of the distance, the possibility of price reduction is very low.
Previously, the far away attitude of the distant place made ih a little panic, but now the distant place reveals the meaning of mergers and acquisitions, and the form is completely different.
Of course, capital institutions actually do not want to be too rigid with the management team, which is no good.
Yahoo is intimate with Ali, but now both sides suffer.
ih gave up its management rights and voting rights, only hoping to retain its original interests, but also hoped that Li Dong could create greater wealth for them, but in fact did not want to be unhappy with the distance.
Generally speaking, if the original major shareholder is so simple, the merged enterprise will only be happy.
But this guy, Li Dong, is not easy to say.
Liu Hong said again: "In addition, since we are planning to merge with Teng Xun for reorganization and even go public directly, then the financing plan ..."
Li Dong frowned: "Of course, continue! Where does the money come from without financing, how can you buy Teng Xun without money? Do you really think that Ma Huateng gave us nothing?"
Liu Hong coughed and said, "Actually, I mean, Teng Xun was acquired first, so that we can get all the war dividends.
After that, by introducing capital and carrying out reorganization plan, we can maximize the benefits. "
Once financing is made, the acquisition of Teng Xun with the financing will divide up the benefits from the financing company.
Before the acquisition of Teng Xun, the financing plan could be delayed. Of course, at that time, it was not called financing, it was called asset reorganization.
As for why restructuring should introduce these institutions, the key is money.
Teng Xun M & A is impossible without spending money, there is no money in the distance, and borrowing money is actually not a good thing, especially now.
Introduce capital institutions, let pp borrow some of the funds, and then use the money to repay. In this way, it is equivalent to taking their money to monopolize Teng Xun's dividend.
And capital institutions will not be unhappy, after all, after the reorganization is to resume listing, it is certain to make money, everyone is mutually beneficial, no one loses, there is no reason not to agree, nothing more than earn a little more.
Teng Xun's reorganization and listing still require some institutional support.
Especially this time, once backdoor Teng Xun, can only choose to list in Xiangjiang.
With the scale after the reorganization of pp and Teng Xun, the scale of listed financing will not be too small. Without the support of these capital parties, it is not enough to rely on scattered shareholders.
The listing of an enterprise is a feast for both the capital and the operator.
If you want to set aside and enjoy yourself, there is no such possibility.
Li Dong tapped on the table lightly and said in a long while: "Teng Xun now has a total share capital of 1.7 billion shares. After our reorganization, I will first make a budget and plan to add 3.3 billion share capital, a total of 5 billion shares.
ih occupies 750 million shares of 1.7 billion shares. If the total share capital is 5 billion shares, the other party still holds a diluted 15% stake, which is a bit higher. "
Even if pp won this time, in the end, it is actually impossible to double Teng Xun. Of course, there is still hope if you fight from afar.
Teng Xun at the moment is different from the previous days.
In the final listing of 5 billion shares, ih occupies a 15% stake, and Li Dong is not very happy.
Liu Hongwen said: "Then we can talk about it again. We buy a part and settle it in cash.
The other part is about 10%. What do you think?
No matter how few, ih is difficult to agree.
Of course, we can do some negotiations on the purchase price, even including the subsequent restructuring process, we use our advantages to continue to expand the proportion of pp.
You said 5 billion shares and 5.5 billion shares are there no hope?
I think there are still some, even 6 billion shares, keeping Teng Xun ’s total share capital intact, there are plays ... "
He said this, and Tan Haiying suddenly said: "In fact, you can talk about it and buy back the shares of the mall!"
"Cough cough!"
Everyone coughed for a while, Mad, are people in the distance so greedy now?
At this time, I want to repurchase the shares in the mall.
What's more, the cooperation between the mall and Teng Xun is still necessary. After Teng Xun resumes its listing, can't he open the port for the remote mall for free?
And, do n’t buy back money!
Not to mention that Teng Xun did not agree, he agreed, and the distance here must also be considered cost-effective.
It ’s not that Li Dong said that the value of the mall is as much as it was. The price Teng Xun paid was not low, and after Teng Xun ’s reorganization, even pp was counted in the Teng Xun industry. Now he has repurchased the shares in the mall and returned to find you to share the cost. , The mall has to pay an extra large sum of money.
Li Dong has always been relatively independent, talking about sharing. In fact, he ca n’t wait for everything to be his own.
But at this time, even Li Dong couldn't help but coughed and said: "There is no need to repurchase the shares in the mall, not to mention Teng Xun still owes us 2 billion in cash. In fact, we earned it.
Next, the 2 billion cash can also play a big role.
With this 2 billion cash, I can't get the money, and it's okay to exchange some of Teng Xun's shares.
We hold a part of it, weaken the strength of the original Teng Xun system, and dilute a part after the reorganization. In this way, the final share of Teng Xun's original system's holdings fell below 1 billion shares, which is in line with our expectations.
I will count 5 billion shares of the total share capital, Teng Xun ’s original system accounted for 1 billion shares, and subsequently introduced some institutions to hold 500 million shares, plus the existing existing share capital in the secondary market and our subsequent additional issuance, it is also probably 1 billion. Shares around.
In this way, we hold half of the equity in our hands, which is more in line with my expectations. "
Li Dong calculated the shareholding ratio of the far side after listing.
More than half of them, for people like him who are habitually holding, not half, always feel uncomfortable.
On Weibo, after being diluted and falling by 50%, Li Dong actually felt that it was not reliable, and he doubted that it would become someone else ’s day.
Fortunately, Weibo said that Teng Xun and pp related industries, together, are much larger than Weibo, and they do n’t control it, so Li Dong is not too willing.
Seeing Li Dong saying this, Liu Hong thought for a moment: "If it is kept at around 50%, I think it is not too difficult. We can talk to ih including Teng Xun's operation team first.
When the general direction was negotiated, we chose to suspend trading and reorganize.
As for the price level of the stock market, the current impact on us is not too great, mainly to prevent ih they continue to buy on the line, so as to avoid the other party's final share ratio is too high.
In fact, the other party will not choose to enter the game at this time. After all, we have not given the exact news on this side, everything is possible. "
Li Dong nodded and said: "Then so, actually I was going to talk to the Ma Huateng team. I can think about it. Ih is still inevitable.
Then everyone started talking, there was no need to hide.
At present, only when a distant partner acquires the other party will they maximize their interests. This is clear to everyone.
As long as both parties are not too disadvantaged, the merger and reorganization is almost inevitable. On the whole, we still have the initiative.
Let the airline prepare for it. We will go to the Shenzhen market tomorrow morning to start negotiations.
The battle of exclusion will not end tomorrow, and it will end immediately on Wednesday the day after tomorrow.
If it does n’t end, I ca n’t take it anymore. Old man Zhang ’s phone call in the morning almost scolded my dog ​​blood sprinkler ...

Li Dong shook his head, somewhat helpless.
Everyone laughed a lot, and the old man Zhang in his mouth was the eldest brother of the Ministry of Industry and Information Technology ~ EbookFREE.me ~ and Li Dong called the old man Zhang on this occasion.
However, that person is not far away from the distance, and is actually good to Li Dong. In the past, the other party did not make much effort for the Wanman license. When the balance account appeared, the other party was also running around.
It's not how many private contacts there are, or other transactions.
The old man had a relatively new personality and led the Ministry of Industry and Information Technology during this time. He also hoped that the Internet industry would achieve breakthrough development. Some of Li Dong's ideas are more appetizing for the other party.
Otherwise, so many Internet companies rejected the war this time, causing a lot of heated discussions among netizens. As the initiators, Yuan Yuan and Teng Xun, the two must take the lead.
It is still in a state of mediation, and the Ministry of Industry and Information Technology is also contributing.
Li Dongneng said, everyone can't say, Liu Hong nodded and said: "I will arrange it later, and it will end in the early morning of the 13th. The four days before and after are still within the scope of tolerance."
"That's it. It's time to make preparations. I'm afraid there will not be fewer people to meet there this time.
Ma Yun, Zhou Hongyi, Li Yanhong, Cao Guowei ... These guys are all likely to pass by, and they all cheered me up to see who was so happy!
If I want to grab food in my Li Dongkou, I have to squeeze the arm thickness to talk! "
Li Dong said the domineering, but others are vigilant.
By now, everyone should understand that whether Teng Xun continues to persist or sell the industry or make other choices is a good opportunity to win dividends.
A large number of Teng Xun's senior executives and top technical talents, at this time, I am afraid that some of them have no gods.
Spend a little bit of money, but I don't see that I won't get a bonus.
In the distance, all we have to do now is to keep the big head and prevent them from being divided too much.
ps: At the beginning of the month, be sure to guarantee the monthly pass!