Chapter 12 6. Hollow out the "five-character formula" of listed companies

The next morning, Du Linxiang and his party flew back to Hezhou.When he was at the Capital Airport, Du Linxiang asked Gao Mingyong to call and inform the company's key figures to hold a meeting in the afternoon. At three o'clock in the afternoon, apart from Lin Qianhui who was on a business trip to Shanghai to attract investment in skyscrapers, Du Linxiang, Zhuang Zhiqi, the three vice presidents An Youqi, Lin Zhengliang, Du Linyang, and the office director Gao Mingyong all sat in the conference room. Du Linxiang leaned back on the chair, and said in a relaxed tone: "Zhiqi, please tell everyone about the situation of our confrontation with Gu Weimin in Beijing."

Zhuang Zhiqi cleared his throat, and told everyone about Gu Weimin's banquet at Meiyuan last night.In the end, he smiled and said, "Gu Weimin is a very thief. He not only quietly stated that he has a shell and is looking for a buyer, but also brought out Wan Shunlong to create psychological pressure for us." Du Linyang was the first to answer the words: "I didn't expect the surname Gu, his tricks would not escape the eyes of the third brother." Du Linxiang's precious brother, since he became the vice president, has not been good at skills, but his flattering skills have improved by leaps and bounds.

An Youqi said: "Gu Weimin's tricks are not new, but they are basic negotiating skills, and Lin Yang doesn't need to make a fuss. The key is how is the product in his hand? What is the value of the public stock shell to us? Mr. Zhuang, you are not an expert, you might as well tell us more." An Youqi has never had a good impression of Du Linyang.Due to her special relationship with Du Linxiang, she was never polite when talking to Du Linyang.For Zhuang Zhiqi, An Youqi's heart is very complicated.She appreciates Zhuang's character and talent, but she always feels uncomfortable when she thinks that he will trample her down as soon as he comes.

Lin Zhengliang said gruffly: "Boss An is right." Lin Zhengliang had always been displeased with An Youqi, but now that he suddenly parachuted in a few outsiders, he began to unconsciously fall in love with An Youqi in many things. square. Zhuang Zhiqi took a sip of tea: "When it comes to Dazhong shares, it can be called a wonderful flower in the stock market. In recent years, there has been a saying: Dazhong shares, serving the public." "What do you mean?" Du Linxiang asked. Zhuang Zhiqi said: "The story of Dazhong shares, you can write several novels. In the past five years, there have been various characters such as film and television stars, multinational companies, speculators, capital players, IT upstarts, etc., and all of them have performed wonderfully. It It is a small listed company that has changed owners several times. It started from selling cars, then turned into an Internet pioneer, and transformed into the retail industry after the dot-com bubble burst. It sold shells three times in five years to change owners, allotment of shares, issuance of convertible bonds, etc. The project raised funds eight times and successfully cashed out more than 300 million yuan. The company itself has never made any money, and it lost 50 million yuan two years ago. The last time it sold the shell to Gu Weimin, it was worth more than 20 million yuan. The so-called serving the public, That is to say, this stock is designed for players from all walks of life to collect money in the stock market.”

Misappropriation?Isn't this exactly what Du Linxiang has been thinking about day and night!He said: "It's a good thing to be able to collect money! It doesn't matter how many men she has slept with before, as long as she gets married and takes care of me comfortably when she gets home." Everyone laughed, and Lin Zhengliang echoed, "What the third brother said is rough but not rough, that's what it is." Zhuang Zhiqi shook his head: "The key is that the men she has been in contact with before are all unrestrained and bad characters. A woman who hangs around with such a few men may have contracted some kind of disease."

Du Linxiang rubbed his palms: "Zhiqi, what do you think?" Zhuang Zhiqi said: "Everyone knows that it is easy to buy shells and it is difficult to clean them up. From Gu Weimin up, several owners of Dazhong Stock are notorious capital players. Although I have no evidence, I can imagine that this group of people I will definitely put a lot of thought into hollowing out the listed company. I am worried that the shell has been riddled with holes, and after we take over the deal, it will consume too much energy just to clean the shell.” Du Linxiang said: "Zhiqi, except for you, everyone here is not familiar with the capital market. Can you tell me how to hollow out a listed company? What risks will we face after we take over the deal?"

To answer this question, it is undoubtedly a piece of cake for Zhuang Zhiqi.But the difficulty is how to translate those complicated technical terms into a language that Du Linxiang, who graduated from junior high school, can understand.Fortunately, Zhuang Zhiqi was well prepared. He straightened his back and said, "As a controlling party or major shareholder, there are many ways to hollow out a listed company. I summed it up in five words for them: cut, move, advance, borrow, and cover." Zhuang Zhiqi began to talk eloquently: "First of all, major shareholders can easily withhold raised funds for their own use. This is the case with a listed company in Jiangsu. Due to its greed for everything, it attacked everywhere, and the company was already heavily in debt before listing. As an exclusive sponsor People, just three months after the stock was listed, the group company withdrew about 180 million yuan of proceeds, and then successively took up several funds, accumulatively up to 330 million yuan, equivalent to 80% of the total proceeds.”

Zhuang Zhiqi continued: "The second is Norway. A listed company in Heilongjiang raised 481 million yuan when it went public in 1997, and announced that it planned to invest in four projects. In its annual report that year, the company lied that these projects were progressing smoothly. In 1998, The annual report shows that some of these projects have been cancelled, and some have been rebuilt. In fact, these raised funds have long been embezzled by the controlling shareholder for other purposes.” When talking about the capital market, Zhuang Zhiqi was in high spirits. He lit a cigarette and said: "The third is the pad, which is the so-called I do things, you pay. The major shareholder of a listed company in Guangdong invests in the name of the group, but with It is the money of the listed company, and when the project is mature, it will be acquired by the listed company, and more than one billion yuan will be wasted in this way. Gu Weimin used this method to hollow out Hezhou Metallurgy. His own real estate project in Beijing, however, let Hezhou Metallurgical, a listed company, is going to advance capital.”

Zhuang Zhiqi shook the ashes and said: "The fourth is borrowing. Major shareholders borrow money from listed companies. If the money is not returned in the end, it will become a dead debt. For example, the major shareholder of a listed company in Hubei borrowed money from the bank through the listed company, and then Then it was transferred to the major shareholder and its affiliated companies. In this way, the shareholders owed the listed company 1.2 billion yuan." "The last thing is a trick." Zhuang Zhiqi paused and said, "This is the so-called related party transaction. Related party transactions are the most common method used by major shareholders to extract funds from listed companies. For example, in a liquor company that everyone is familiar with, the listed company once spent nine Tens of millions, buying the right to use the trademark of intangible assets from major shareholders. Many people have questioned that this is tantamount to giving the shareholders’ money directly to the major shareholders.”

After speaking the "five-character formula" that hollowed out the listed company in one breath, Zhuang Zhiqi sat back in his seat and took a sip of tea.As a master of finance, he thinks that many of the words just now are not rigorous.But only this way of expression can make the layman present, especially Du Linxiang, understand clearly. Du Linxiang listened attentively.In his impression, only Lai Jingdong and Zhuang Zhiqi can explain the esoteric capital market so easily.It seems that when Zhuang Zhiqi was strongly invited to come out of the mountain, he made a huge profit deal.

Even Lin Zhengliang couldn't help admiring Zhuang Zhiqi's talent and learning, and said loudly: "Lao Zhuang has two tricks. Speaking of this, the brothel is really full - well organized." Zhuang Zhiqi said with a smile: "Originally, when I bought a shell and went public, I had to be prepared to wipe the ass of the former major shareholder. But I was just worried that the public shares had been crippled by various players, and the hole itself was too big. At that time, in order to plug these holes, Weitong may have to spend a lot of money." "Apart from this, what else should we pay attention to?" Du Linxiang asked. Zhuang Zhiqi said: "Gu Weimin had a classic battle in Hong Kong a few years ago. He first took control of a listed company, and then sold the shell to a coal boss in Shanxi. The coal boss spent a lot of effort , finally plugged the hole in the past, but unexpectedly, Gu Weimin had hidden a killer move behind his back. Although Gu Weimin sold all the stocks under his name to the coal boss, in fact, he secretly controlled the company in the name of other people. A large number of public shares were operated in the secondary market. Taking advantage of the benefits of the reorganization, the stock price soared all the way, and Gu Weimin naturally made a lot of money. Next, he used this as a bargaining chip to blackmail the coal boss—or Buy these public shares at a high price, or someone in Gu will sell them aggressively, driving the stock price to the bottom. The poor coal boss has already boarded the thief's boat, so he has to let Gu Weimin get whatever he wants. In order to protect the market, the other party finally bought Sell ​​these public shares. Gu Weimin has made hundreds of millions of profits from this project alone." Du Linxiang patted the desk expressionlessly, but recalled the scene of the Meiyuan banquet in his mind.It seems that Gu Weimin, who is polite and polite, will become a ruthless killer of capital at any time and kill people.To deal with such a ruthless character, you must be very energetic. An Youqi asked at this time: "How about Gu Weimin's quotation?" Zhuang Zhiqi said: "Mr. Du once tested the surname Gu, and he quoted a price of more than 40 million yuan. I estimate that after bargaining, we can finally get about 30 million yuan." Du Linxiang asked: "Zhiqi, you said earlier that you have paid attention to several companies that are interested in selling shells. How about their quotations?" Zhuang Zhiqi replied: "Their price is higher than Gu Weimin's, around 70 million." Du Linxiang asked again: "Are their shells clean?" Zhuang Zhiqi spread his hands: "No one can say this! Or that sentence, it's a clean shell, who wants to sell it? It's just a matter of how big the hole is." Du Linxiang nodded: "In that case, you might as well get in touch with Gu Weimin first. There's no harm in shopping around." Du Linxiang has already decided to contact Gu Weimin, so Zhuang Zhiqi will naturally start the preliminary data collection work.On a sunny afternoon, Zhuang Zhiqi was working at his desk in the office, and Gao Mingyong walked in with a smile: "Mr. Zhuang, the weather is so nice, why don't we go out for a drink of tea and relax." Zhuang Zhiqi shook his head: "Forget it, there is still a lot of things to deal with this afternoon." Gao Mingyong looked attentive: "Mr. Zhuang is so busy with work, you have to pay attention to your body." "Thank you, Director Gao, for your concern. I forget everything when I get busy, and I feel uncomfortable if I really want to be idle." Zhuang Zhiqi said politely. Gao Mingyong said: "Mr. Zhuang always stays in the office, so he should go out to get some fresh air. I know a tea house, which is one of the best in Hezhou. The environment inside is quiet, and there are many good teas that cannot be drunk outside. It is most suitable for Mr. Zhuang. Besides, you can also review documents when you get there. Not only will it not affect your work, but it may be more efficient." On the first day Zhuang Zhiqi came to the company, Gao Mingyong graciously invited him to a high-end club to "happy and happy", but his nose was ashamed.Since then, Gao Mingyong has been thinking about how to win the favor of his new boss.In Weitong, Du Linxiang is the undisputed big boss, and Zhuang Zhiqi is now sitting in the second position, which should not be underestimated.As the office director, the most important task is to serve the bosses well.To serve your boss well, you must first know his hobbies.Gao Mingyong has always believed that if the office director does not know the hobbies of the leader, it is like an accountant who cannot make financial statements, which is a serious dereliction of duty. After a period of contact, Gao Mingyong found that Zhuang Zhiqi was not only not interested in eating, drinking, whoring and gambling, but even hated it.But Zhuang Zhiqi is by no means a person without hobbies!It's just that his hobbies are quite elegant.For example, when playing chess, Zhuang Zhiqi would set up a chessboard in the office during lunch break every day.Sometimes Du Linxiang would come over to play a few rounds, and Zhuang Zhiqi would also play two sides alone, fighting each other left and right. Zhuang Zhiqi also has a lot of research on the tea ceremony.Zhuang Zhiqi said in the chat that he is a tea lover.In the past, we couldn't afford good tea, so we made a fuss about the water used to make tea.He once rode a bicycle to the mountains in the suburbs in the twelfth lunar month of winter, shoveled several buckets of snow and returned home, and when the snow melted into water, he boiled it in an iron pot.Finally, use the good water that took a few days to get, and make a cup of cheap jasmine tea to share with my son. Gao Mingyong is a caring person. He will always pay attention to his boss's words and deeds and keep them in his heart.It happened that a friend came to my door a few days ago and asked Gao Mingyong to do something.Thinking of Zhuang Zhiqi's obsession with the tea ceremony, he thought of killing two birds with one stone: he not only pleases the boss, but also helps him accomplish things. Gao Mingyong's well-prepared speech really moved Zhuang Zhiqi.Zhuang Zhiqi raised his head: "Good tea that you can't drink outside? What kind of tea do you have?" Gao Mingyong rubbed his hands: "Boss Zhuang is embarrassing me. You know that I am a layman in the tea ceremony, and I can't remember many things after being told. I just knew that the owner of the tea house is a famous tea spirit, especially good at it. Let's Hezhou was originally a tea town, with countless tea factories and a cloud of tea people. The boss squinted his eyes, sipped a little, and immediately pointed out the name of the tea factory, and even pointed out who the tea maker was. " Zhuang Zhiqi's interest was immediately aroused: "Is there such a character?" Seeing that the trick worked, Gao Mingyong struck while the iron was hot: "How about we go and see?" After hesitating for a while, Zhuang Zhiqi finally nodded: "Okay!" Gao Mingyong led Zhuang Zhiqi out happily.The tea house that Gao Mingyong mentioned is located in an alley in the center of the old city of Hezhou, and it is called "Tea Words and Views".Don't look at the noisy surroundings, but the inside of "Tea Words and Colors" is simple and quiet, with a unique cave.The light from the glass ceiling makes the small courtyard bathed in the aura of heaven and earth all day long. The furniture in the courtyard are all antiques left over from the Ming and Qing Dynasties. . Stepping into the small courtyard, Zhuang Zhiqi felt the fragrance of tea was pleasant and intoxicating.Or orchids, or cinnamon, or a collection of flowers, the strange fragrance, wafting around... The waiters in the small courtyard are all young and beautiful women.They wore lavender cheongsams, looking dignified and elegant.The most amazing thing is that there are two blond and blue-eyed foreign women among them.These two people wear cheongsams, which is really a combination of Chinese and Western, which is a feast for the eyes.Gao Mingyong told Zhuang Zhiqi in a low voice: "They are overseas students of Hongxi University, one is from New Zealand and the other is from Russia. Working in a teahouse is also considered a work-study program." The two found a private room and sat down.Gao Mingyong said to the waiter: "Please come out, boss, and tell me that I have brought a distinguished guest." A few minutes later, a woman in her twenties came in, and she warmly greeted Gao Mingyong: "Brother Yong, if you want to come over, why don't you tell me in advance." Gao Mingyong smiled: "It doesn't matter if I come or not, the key is that there are distinguished guests coming today." He then introduced Zhuang Zhiqi: "This is Mr. Zhuang, he is a great talent, and he has a profound knowledge of tea ceremony." The woman extended her right hand generously: "Mr. Zhuang, hello, my name is Chen Jin'er. You can call me Jin'er." Gao Mingyong said from the side: "President Zhuang, this Chen Jin'er is the tea essence I told you about, and she is also the owner of this tea house." Zhuang Zhiqi was a little surprised, he didn't expect that the tea essence Gao Mingyong was talking about was a young woman.He took a closer look at Chen Jin'er, she had a pretty oval face, charming yet dignified.Covered in pink, under the slender jade neck, there is a piece of crisp breasts like creamy white jade.A pair of slender, moist and well-proportioned legs were exposed, exuding an intoxicating feminine beauty. After taking his seat, Gao Mingyong said: "Jin'er, Mr. Zhuang is an expert. If you have any good tea, bring it quickly." Chen Jin'er said with a smile: "Brother Yong has spoken, so what else do you have to say?" Chen Jin'er asked the waiter to bring in the tea and tea sets, and she brewed it herself.Chen Jin'er's movements were skillful and elegant, while Zhuang Zhiqi stared at the teacup intently.Gao Mingyong also pretended to be serious, but his eyes often unconsciously glanced at Chen Jin'er's handsome cheeks. Tea is indeed good tea.One brew, two brews... After eight or nine brewings, it is still fragrant.Zhuang Zhiqi picked up the teacup and was a little reluctant to drink it. He sniffed it with the tip of his nose, only to feel the strange and ancient aroma. "Mountain atmosphere! It is indeed a good tea with three pits and two streams." Zhuang Zhiqi blurted out. Chen Jin'er looked at Zhuang Zhiqi with surprised eyes: "Mr. Zhuang is really an expert!" Gao Mingyong who was sitting on the side didn't know what to do.Of course he didn't know that the so-called mountain atmosphere is a jargon among tea lovers, it means that the good tea picked from famous mountains is contaminated with the atmosphere deep in the rocks.Just by smelling it, Zhuang Zhiqi knew that the tea came from three pits and two streams.Three pits and two streams refer to the core tea mountain farms of Wuyi Mountain, a famous tea town - Niulan pit, Huiyuan pit, Daoshui pit, Liuxiang stream and Wuyuan stream. Zhuang Zhiqi smiled and said, "I don't dare to be an expert. It's just that Jin'er tea is really the best quality that is hard to find in the market." Chen Jin'er seemed to meet a bosom friend: "Mr. Zhuang is here, but the oolong from Wuyi Mountain is naturally stingy." Chen Jin'er immediately ordered the waiter: "Bring the bag from my office and the water in the refrigerator." Chen Jin'er took out a small tea from the bag, and said softly, "Try this tea too? A gift from a friend, Emei green tea, freshly picked in March." Zhuang Zhiqi waved his hands and said, "It's enough to have the famous tea from these three pits and two streams. Any more would be wasteful." Chen Jin'er smiled: "Drinking tea also pays attention to the season. In spring, drink some clear tea to moisten dryness; in summer, drink some green tea to refresh the mind; in autumn, oolong tonic; in winter, black tea to warm the stomach. At the end of summer, you should drink some green tea." Zhuang Zhiqi no longer refused, but thought in his heart: "Gao Mingyong is indeed right. This tea shop owner is really an expert." Chen Jin'er held up the mineral water bottle taken out of the refrigerator: "Last year, the first snow in Hezhou was particularly heavy. I climbed to the mountain on the outskirts of the city, took snow water, and kept it in the refrigerator to make this new green tea." Gao Mingyong clapped his hands and said, "I heard Mr. Zhuang say before that he used to go to the countryside to get snow water to make tea. I didn't expect that people who are really obsessed with tea ceremony are like this." I changed to a large glass teapot to make tea, which is transparent and clear.In the hot air, the emerald green tea leaves float, with the tip of the leaves upward, green and fresh, full of vitality.Everyone took a sip of tea, and suddenly, their minds became clear—birds were singing among the clouds, and clouds were winding around the green leaves.It not only has the crystal clearness of snow water, but also has the clear fragrance of new tea. Putting down the teacup, Chen Jin'er said, "A connoisseur like Mr. Zhuang must have a lot of good tea at home, right?" Zhuang Zhiqi smiled and shook his head: "My family has never been well-off, so I don't have the money to collect good tea! I have drunk a lot of good tea, and they are all helped by tea lovers. You can see that I know a little about tea ceremony. I just like to call me. I never eat, but I have a special liking for tea." Zhuang Zhiqi took out a cigarette and asked Chen Jiner: "Is it okay to smoke?" Chen Jiner smiled: "Of course." Zhuang Zhiqi is quite addicted to cigarettes, but unlike Du Linxiang, he always asks the other party's consent before smoking in front of a lady. Zhuang Zhiqi lit a cigarette: "In the past, many people advised me that extravagant hobbies like tea ceremony are really not suitable for me." "I don't agree with this point." Chen Jin'er said, "There is a saying that ordinary people open their doors for seven things: firewood, rice, oil, salt, soy sauce, vinegar and tea. It can be seen from this that tea is by no means exclusive to the rich and noble. When tasting tea, the first thing to taste is the state of mind. I feel that the body and mind are purified, filtering out the impetuousness of the mundane world, and settling down the reflection of human affairs. There are too many entanglements in the heart, even if the world is rich, it is difficult to taste the taste of tea. People often have a misunderstanding that as long as they have money, everything The troubles disappeared. In fact, the story of the rich family’s troubles in the mansion gate that is broadcast on TV every day is all about the troubles of the rich. The ugly duckling has troubles, and the peerless beauty also has troubles. Maybe the latter is no less than the former. .” Zhuang Zhiqi clapped his hands and sighed: "Jiner's words are really incisive!" Listening to Chen Jiner's words, Zhuang Zhiqi couldn't help but recall a scene from many years ago - his wife Chen Yijin stood beside him, the rainy night outside the window, the warm stove inside the house fire.A handful of fragrant tea and a volume of poetry and books are leisurely.The tea is definitely not the best quality, but it is fragrant and pleasant. The couple took a sip, letting the clear and light bitterness rippling between the tongues, filling the teeth and throats.Afterwards, take a deep breath, let the lingering fragrance fill your lips, spread in your lungs, wash away all the exhaustion and indifference, as if you are drunk... Zhuang Zhiqi expressed his feelings: "About the tea ceremony, even if you don't have money, there are ways to play it without spending money. Last year I wanted to buy a fire bowl for making tea. I searched online, and the lowest price was in the four digits. I was worried. At that time, the neighbor happened to move and found a charcoal basin. It is said that it was used to smoke bacon and burn sawdust during the Chinese New Year. I saw that the size was just right, so I took it for myself. Then I went to the workshop and asked the master of the machine workshop to make a fire frame. , You can really burn charcoal to boil water.” Speaking of this past event, Zhuang Zhiqi is full of complacency, and occasionally reveals the innocence of a big boy.Chen Jin'er listened carefully and occasionally smiled knowingly.A few days ago when Gao Mingyong told her that Zhuang Zhiqi was good at the tea ceremony, she was skeptical, but now the excitement of meeting a bosom friend has dispelled all doubts. Seeing that Zhuang Zhiqi was very interested, Gao Mingyong was secretly proud. He interrupted and said: "Chinese people always regard Tao as a complete system of thought and theory, and it is the law and law of the universe and life. Therefore, Chinese people don't talk about Tao easily. Unlike In Japan, there is ikebana for flowers, incense for incense, kendo for swords, judo and taekwondo for wrestling and fighting. The only thing that can be sublimated into a "way" in Chinese food, entertainment and other activities is the tea ceremony." This discussion made Zhuang Zhiqi and Chen Jin'er look at him approvingly at the same time.This is where Gao Mingyong excels. Although he is only a driver, he can say the most appropriate words on various occasions.Of course Gao Mingyong knew more about his weight, so he accepted it as soon as he saw it was good, stopped talking, and started drinking tea in silence. Chen Jin'er took over the conversation: "In Mr. Zhuang's opinion, what is the tea ceremony?" Zhuang Zhiqi pondered for a while and said: "Buddhism believes that the Tao comes from the mind. If we must define the tea ceremony as a fixed and rigid concept, it will limit the imagination of tea lovers. The moon prints thousands of rivers, thousands of rivers The month is different. The tea ceremony is like the moon, and people’s hearts are like a river. Every tea lover has a different wonderful feeling about the tea ceremony.” There was already a trace of admiration in Chen Jin'er's eyes: "Yes, different people have different moods, and the taste of tea tasted is very different." Regarding the tea ceremony, Zhuang Zhiqi and Chen Jiner seem to have endless topics to talk about.Before he knew it was evening, Zhuang Zhiqi looked at his watch: "It's getting late, so I have to take my leave." Chen Jin'er hurriedly said, "Let's eat here." "Thank you Jin'er for your kindness." Zhuang Zhiqi said politely, "There is a dinner appointment, there is no other way." Chen Jin'er showed regret, she paused and said, "Just now I asked the waiter to make a pot of tea. This tea is not well-known, but I cherish it very much." When it was brought to the table, even the well-informed Zhuang Zhiqi couldn't name the tea.It's just that the fragrance of the tea is confusing, and when it's time to drink it, you can't bear to swallow it.I hope that the fragrance of tea will always lead me to climb steep mountains, walk canyons, cross streams, smell the fragrance of flowers, the singing of birds, the singing of bees and butterflies... Zhuang Zhi asked in surprise, "What kind of tea is this? Where did you get it?" Chen Jin'er smiled sweetly: "Deep in the mountains, old monk, I got it by chance."