Rebirth: The Financial Giant

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Tiansheng Capital's 30% stake in Pinduoduo must be a Class B stock with 1 vote and 1 vote. After all, it is an institutional shareholder, and Lu Ming has no interest in controlling Pinduoduo.

Only Mr. Huang as the founder has special voting rights. According to Lu Ming's suggestion, Mr. Huang holds Class A shares with 1 vote and 5 votes.

Lu Ming took a sip of tea and added: "However, the trial implementation of different rights for the same shares on the Science and Technology Innovation Board still has more restrictions than your current AB shareholding structure. One is not the other."

"It's an unexpected joy to be able to implement the AB share system on a trial basis. Let's be content." Mr. Huang couldn't help laughing, but after a while, Mr. Huang couldn't help but ask more: "Mr. Lu, what are the constraints? "

He firmly believed that Lu Ming must know more, and what he told him must be just the tip of the iceberg.

Hearing this, Lu Ming did not hide: "The documents I received instructed to set up such measures to protect the interests of minority shareholders. First, the scope of voting on Class A shares was strictly limited; Class A shareholders shall not issue additional Class A shares; third Class A shareholders shall not arbitrarily reduce their direct or indirect holdings of such shares; fourth, they shall not require the company to repurchase Class A shares; fifth, they shall not trade A shares in the secondary market The sixth requires that the deliberation and voting procedures be extensive, prudent and autonomous at the shareholder level; the last one is to follow the information disclosure requirements under the AB share structure, and conduct a comprehensive, comprehensive, Thorough disclosure."

The last one is to put it bluntly, that is, when disclosing the news, don’t make some technical terms so that most ordinary investors can’t understand and understand, but speak human words.

At the end, Mr. Huang couldn't help laughing: "It's okay, at least it's better than I expected."

In fact, Mr. Huang knew for a long time that Big A tried to implement the AB share structure, and it was definitely impossible to fully copy the overseas AB share system, and there must be restrictions.

Because the cultures of the East and the West are different, the culture of the East is extremely flexible. Not only people, but also culture and even words have shown an amazing flexibility.

For example, the "strict restriction" in the first article seems to be very uncomfortable, but the "driving range" in the back is very interesting.

So what exactly? It can be done, and it can't be done, so what should we do? Look at it!

This is similar to the dozens of clear provisions listed above in many articles, and the addition of an "other" at the end has the same effect, which is called the final interpretation right.

It seems that adding an "other" at the end makes the previous dozens of provisions clearly set as decorations, but this "other" is a must and a necessity. With this "other" in it, the first dozens of provisions may become Decorations, but if there is no such "other" in it, the first dozen regulations must become decorations.

Because there is a thing called "one set on the surface and one set behind the other". For example, when a subordinate is scolded by the leader, the subordinate accepts it humbly and does not contradict it, but when he comes out of the president's office, the corner of his mouth puckers, thinking what are you? The labor and management can do it in accordance with the express regulations, but the labor and management are in a bad mood. If they do it according to the express regulations, it will not work.

This is the nature of Chinese people. The biggest productive force is actually the three words "I am willing". As long as I am willing, there is nothing that cannot be done. I can work hard 24 hours a day without complaint, but as long as labor and capital do not I would like you to give 10,000 regulations to labor and capital, and still make this thing impossible. Even if you install surveillance cameras in labor and capital's homes, you can still reasonably fish.

At this time, an "other" is the ultimate weapon to rule this kind of disposition. The leader gives you an errand for you to do. You ask the leader what to do? The leader will definitely let you figure it out. You can't refute it or you can't. If you refute, the leader will say that it's because they value you and trust you. I didn't expect you to be so useless. Dare to take responsibility, forget it, you don't have to do it, let someone else do it... Oh, it's over.

Look it up, will it be okay then? I don't know, after doing it, you will know if something will happen, if you do it, it will be fine, and if you do it wrong, it will happen.

In fact, Chinese people are not afraid of anything, and they can find tricks to exploit, but they are afraid of the three words "look at it". These three words are really terrible, and people can't take advantage of them.

If things go wrong, the leaders immediately criticize: how can you do this? Who asked you to do this? Who gave you power? I gave? You are so farting! I let you figure it out, did I let you do this? Everyone knows it can't be done like this, why should I say it?

Oh huh... It's really hard to argue, people are stupid, and there are thousands of mistakes that are all wrong.

If things are done well, the leader will be happy to say, yes, that's what let you do it, the guy is very good.

Proper promotion and salary increase later.

It can be seen from this that when a leader gives a difficult task, it is good to find an appropriate reason to reject it on the spot, but as long as it is accepted and handled, the leader can basically sit back and relax, because the person who takes the task is basically The superiors will try their best to get things done well. Who leaves the final interpretation right in the hands of the leaders? If the task on your side is not done well, the leaders will pack you up and leave.

An "other" seems unreasonable and deliberately embarrassing others, but it reflects the strong wisdom of the Chinese people, because of course a task is for you to do well.

Before anything is done, think about how to do it first. If it goes wrong, how to shirk the blame and shirk the responsibility to protect yourself. It can be seen that he is a delicate egoist, and he is also embarrassed to use it. Those who rebel and stab in the back at critical moments are often such people.

...

Mr. Huang came to Tiansheng Capital, and Lu Ming had an interview with him for about two hours, and then Mr. Huang left.

However, his appearance at the headquarters of Tiansheng Capital was photographed by the media. President Huang refused to be interviewed by the media, and the market's interpretation also came. Pinduoduo has recently been standing in the capital's air.

A while ago, it announced the termination of its plan to go public in the United States, and even hinted that it intends to list the company on the big A, which caused the market to think about it.

Today, the founder appeared in Tiansheng Capital. Many industry insiders in the market speculate that Mr. Huang is mostly standing in line. It is possible that he chose the domestic capital represented by Tiansheng Capital, and at the same time, the foreign capital represented by Sequoia Capital will be squeezed out by the joint. .

Wall Street was angry, more rating agencies downgraded Pinduoduo's credit, and a series of bad reviews came.

Seeing that the market will soon be able to reap a profit, the feeling of the duck flying away after being cooked, can you not be angry.

Although the current Pinduoduo is also on the list of beautiful countries, many companies such as Apple, etc. do not play with Pinduoduo, but the group should continue to fight, and it does not cause too much of the essence of Pinduoduo. many influences.

The public opinion circle is also noisy now~www.novelmt.com~ Pinduoduo's current reputation is also mixed, the supporters appreciate Mr. Huang's righteousness, and the critics denounce Mr. Huang's treason.

The tit-for-tat confrontation in the public opinion field is behind the contest between the two sides of the game in terms of public opinion. Buying a navy army is a basic operation.

...

"Please come in!"

In the afternoon, in Lu Ming's office, Han Qiulin walked in, "The company's semi-annual report has basically come out, and the final audit report should be available in two weeks."

Lu Ming immediately took the report from Han Qiulin and opened the list.

Tiansheng Capital's interim results this year have attracted much attention, and a large number of outside institutions are waiting for the results to be released, because Wall Street's previous performance costs were questioned.

Although most people believe that Wall Street's retaliatory downgrade this time is unfair, they still hope that Tiansheng Capital can respond to the market's doubts with solid performance and reassure everyone.

...