On the morning of January 8, Beijing, Bubble Mary Meeting Room.
The first Extraordinary Shareholders' Meeting in 2018 was held on time.
Wang An was sitting in the middle with a stack of documents spread out in front of him.
There are sixteen shareholders sitting in Meeting Room, representing 100% of the company's shares.
Henglong did not send anyone to participate - according to the agreement, Henglong, as a related party, needs to be circumvented when Shareholders' Meeting is reviewing the Private Placement plan.
Zhang Qingxue is in Beijing, but has not entered Meeting Room. It is only waiting for news in Lounge next door.
Wang An looked around and said in a calm voice:
"Everyone, there is only one topic in today's meeting - to review the plan to issue 5% additional new shares to Henglong Group.
Everyone has the contents of the plan, so I won't read them one by one. Let's vote directly."
He paused. "It should be noted that Henglong Group, as the subscriber of Private Placement, is a related party and will not participate in this voting."
Finance Director Zhou Zheng added:
"A total of 16 shareholders attended this meeting, holding 25,495,047 shares of Voting Rights, accounting for 100% of the total share capital."
Voting begins.
Wang An is the first to raise his hand.
Old Zhou Raise your hand.
Liu Mingyuan Raise your hand.
Su Xiaotang raises his hand. Chen Mo raises his hand.
The remaining shareholders raised their hands one after another.
Zhou Zheng counted it once, counted it again, and then announced:
"The number of shares agreed is 25,495,047, accounting for 100% of the total shares of Shareholders' Meeting and Voting Rights.
0 shares opposed and 0 shares abstained. The plan was passed."
There was a gentle applause in Meeting Room.
Wang An's expression didn't change much, but his shoulders relaxed obviously.
It took less than two weeks from the first time Zhao Chen called him on December 26 to the day Shareholders' Meeting approved the plan.
In these fourteen days, he experienced the anger of being cut off, the shock of being bargain-hunted, the powerlessness of being cornered, and finally, an indescribable relief.
Zhao Chen is not here to rob his company.
Zhao Chen is here to help him grow bigger.
At least, he chooses to believe this.
Wang An stood up, glanced in the direction of Lounge next door, and then said to Zhou Zheng:
"Prepare payment notice. January 12th to 26th, payment period. February 22nd, new shares will be listed."
Zhou Zheng nodded. "Already preparing."
After Shareholders' Meeting ended, Wang An walked out of Meeting Room and met Zhang Qingxue in the corridor.
"Lawyer Zhang, the plan is approved." Wang An extended his hand, "It's a pleasure to cooperate."
Zhang Qingxue holds his hand:
"Wang Zong, happy cooperation. Zhao Zong Let me tell you something - the money he invested will not make you regret it."
Wang An smiled, "I hope so."
After Zhang Qingxue returned to the hotel, he called Zhao Chen immediately.
"Zhao Zong, Bubble Mary Shareholders' Meeting passed the Private Placement plan. 100% passed. The payment period is from January 12 to 26, and new shares will be listed on February 22."
On the other end of the phone, Zhao Chen's voice was very calm. "Okay. How is Existing Share Acquisition's matter progressing?"
Zhang Qingxue opened the notebook. "I have contacted four Minor Shareholder, and they all expressed their willingness to transfer.
In total, you can receive about 8% of the shares. The price is calculated based on 1.2 Billion Valuation, and the total price is about 96 million.
Old Zhou and Liu Mingyuan haven't let go yet, I'll follow up again."
Zhao Chen said, "No rush. Old Zhou and Liu Mingyuan are the iron rods of Wang An and will not be sold easily.
First collect Minor Shareholder and get more than 10%."
Zhang Qingxue asked, "What about payment? When will the payment of 50 million Private Placement be made?"
Zhao Chen thought for a while, "January 22nd. Don't go too early, and don't put it off until the end. Let's go at a normal pace."
"Understood."
On the night of the 8th, Shan City, Henglong Group Chairman's Office.
When Zhang Qingxue pushed open the door of Zhao Chen's office, she was holding a tablet computer in her hand, and her expression was a little more solemn than usual - this was the expression she only had when reporting important events.
"Zhao Zong, all funds are in place."
Zhang Qingxue placed the tablet in front of Zhao Chen,
"The 8.3 billion US Dollar cleared by Bitcoin, after deducting taxes and handling fees, the net amount is 7.94 billion US Dollar.
All are stored in Henglong's overseas accounts and can be transferred at any time."
Zhao Chen took the tablet and glanced at the numbers on the screen.
7.94 billion US Dollar. He had been waiting for this number for a long time, but when he actually saw it, he was calmer than he imagined.
"US Stocks account has been opened?"
Zhang Qingxue nodded:
"Citigroup and Goldman Sachs have opened one each, and the account permissions are in your name.
Chen Xi and Wantang both have operating authority, and each transaction requires your final confirmation."
Zhao Chen put the tablet down and leaned on the back of the chair.
He thought for a moment, then picked up his phone and sent a message to Chen Xi and Su Wantang: "Come to my office."
Five minutes later, two people pushed the door open and came in.
Chen Xi was wearing a black turtleneck sweater, and his complexion looked much better than the previous days.
Su Wantang walked behind her, holding a cup of tea in his hand--it was for Zhao Chen.
"Sit." Zhao Chen pointed to the sofa, "There is something I need you two to do."
Chen Xi and Su Wantang looked at each other and sat down.
Zhang Qingxue projects the data on the tablet onto the wall screen.
The number 7.94 billion US Dollar appeared in front of everyone, and Chen Xi's breathing paused obviously.
She knew that Zhao Chen had cleared Bitcoin, but she did not expect that the amount received would be so large.
Zhao Chen said, "I will invest all this money in US Stocks. I will start the deployment tonight and open a position when the market opens tomorrow."
He stood up, walked to Projection Screen, picked up a pen and wrote three numbers on the whiteboard:
Tesla: 6 billion US Dollar
Apple: 1 billion US Dollar
Treasury Bonds:940 million US Dollar
Chen Xi looked at the numbers on the whiteboard and did a quick mental calculation:
"Tesla 6 billion? Zhao Zong, is this position too heavy?"
Zhao Chen shook his head. "Tesla's current stock price is seriously undervalued.
The production capacity problem of Model 3 is only temporary. When production capacity increases, the stock price will double or even more.
6 billion US Dollar, not all of them are bought at today's price, positions are opened in batches, and the average price is controlled between 310 and 320 US Dollar."
Su Wantang asked, "Where's Nvidia? Didn't you say you wanted to buy it before?"
Zhao Chen thought for a while and put down the pen, "Nvidia I won't buy it for the time being."
Chen Xi was stunned for a moment. "Why?"
Zhao Chen said, "Bitcoin After Too Big to Fail, miners will flee and second-hand graphics cards will flood into the market.
The performance of Nvidia will be affected, and the stock price will most likely fall.
We will enter the market after the fall is in place. We won't join in the fun now."
Su Wantang nodded beside him and did not ask any further questions.
Zhao Chen continued, "Apple bought 1 billion US Dollar. This is the basic market and will not move.
Apple's cash flow and ecological barriers determine that it is the most stable technology stock.
The remaining 940 million US Dollar, buy United States Treasury Bonds, as Working Capital, which can be called at any time."
He went over the numbers on the whiteboard again:
Tesla: 6 billion US Dollar
Apple: 1 billion US Dollar
United States Treasury Bonds: 940 million US Dollar
Total: 7.94 billion US Dollar
Chen Xi looked at the whiteboard and said again:
"Tesla buys 6 billion US Dollar, we can buy at least 10% of the shares."
Zhao Chen glanced at Zhang Qingxue.
Zhang Qingxue has called up the closing data on January 8 on the tablet.
"Today is Monday, US Stocks has not opened and closed yet. Friday Tesla's closing price is 316.88 US Dollar, Apple 177.24 US Dollar."
Zhang Qingxue read out the number.
Chen Xi took out a small calculator from his bag and started pressing.
The office was quiet for a few seconds, except for the sound of calculator keys.