Rebirth of the World’s Richest Man

On November 6, Wang Zhidong was interviewed by Nanfang Weekend in the office area of ​​Wanquanzhuang Primary School in Beijing.

Facing the interview with reporter Xin Haiguang, Wang Zhidong was still in a very good mood. The main reason was that his wife was pregnant, and during the examination, it was discovered that they were a twin.

Being blessed with a baby boy is originally a great joy for a man, not to mention twins, which is even more worthy of joy.

Wang Zhidong was no exception. He thought that after the child was born, he would hold a big 100-day banquet, invite all relatives and friends to come and announce the good news to everyone.

If you are in a good mood, you will be in better shape when facing reporters and conducting interviews.

"Mr. Wang, as we all know, the domestic Internet industry has been affected by the Nasdaq stock market crash and is experiencing a cold wave on the Internet. What do you think of this matter?"

"The Nasdaq hit a record high last year, reaching more than 5,000 points. Then in March and April, it began to fall. At the end of last year and the beginning of this year, it fell directly below 3,000 points. , now at over 2,000 points, and continuing to fall, this is a very cold and long winter.”

Wang Zhidong said truthfully, this is a fact, it is useless even if you don’t admit it, the Internet industry around the world has been affected.

Starting from the listing of Netscape on August 9, 1995, the Nasdaq index rose by more than 400%, reaching the bubble high of 5132 points on March 10, 2000.

Now it has fallen below 3,000 points, and the Nasdaq stock market has directly evaporated 4.4 trillion US dollars.

"As an Internet company listed on Nasdaq, how does Xinlang feel when facing this long winter?"

The reporter also focused on poking at the sore spots, and Wang Zhidong's good mood was somewhat lost. However, Wang Zhidong's overall mood was still good. Although the reporter's questions were a bit tricky, it was understandable. After all, it was a cold winter. Reporters focus on these issues.

These questions are also the most time-sensitive topics. This is what the Xinlang portal website does, and of course I understand it.

Wang Zhidong coughed lightly and said slowly: "Our Xinlang company still has a strong ability to resist risks in this industry trough, the overall industry downturn, and the general environment is not good.

For example, when I started my business, I rented this cheap low-end apartment for ten years when I first started. I remember the rent at that time was only about 100,000 yuan a year. Now the rent has increased a lot every year. It also saves the company’s expenses and costs.

I believe that our Xinlang can safely survive this cold winter in the Internet industry..."

Wang Zhidong was interviewed all morning and was in a very good mood. He talked a lot with the reporter with great interest.

After Wang Zhidong finished the interview, that night, the Xinlang board of directors meeting in Citigroup had already been held.

Wang Zhidong had no idea about the confrontation at the meeting. Jiang Xiaobai learned about the contents of the board of directors in Xinlang, Citigroup, the next morning, that is, the morning of November 7.

Sure enough, just like in history, Mr. Duan and others joined forces to kick Wang Zhidong out. Even Huadeng International agreed to this proposal.

That is to say, Zhang Jun reacted quickly and communicated repeatedly with Huadeng International, so Huadeng International agreed to wait a little longer and give Wang Zhidong some final time.

After the day's board meeting, it was already evening. When Zhang Jun called Jiang Xiaobai to report the status of the day's meeting, Zhang Jun still breathed a long sigh of relief and was a little scared.

"Director Jiang, fortunately you reminded me that I would have contacted Huadeng International after I arrived. Otherwise, I would have really fallen into Mr. Duan's trick.

Their sudden attack on the board of directors, coupled with the support of Huadeng International, might really kick Wang Zhidong out in one fell swoop. "

"This section is always really cruel. Wang Zhidong was kicked out, and the replacement candidate was chosen. It was the operating officer of Xinlang, Pipeline. This time, Mr. Duan took Pipeline to meet the other directors. The pipeline has also gained the favor of many directors..."

Zhang Jun was still a little scared as he said this. It was really thrilling, mainly because Mr. Duan and the others were so aggressive and unexpected.

Kicking founders out of the business may be very common in Western capital markets, but in China, Eastern business ethics emphasizes morality and friendship.

This kind of operation is a bit disgraceful, even unethical.

But that’s what Mr. Duan did. If he hadn’t communicated with Huadeng International in advance, he probably wouldn’t have been able to organize it on the board of directors. Maybe now Xinlang’s CEO would have to be replaced.

That would be a real Waterloo. Not to mention other things, Huaqing Holding Group had just entered Xinlang through Wang Zhidong, but Wang Zhidong was kicked out.

Although it is said that it is the fault of Mr. Duan and others, it will also make people question the ability of Huaqing Holding Group and its ability to retain the founder. In the end, the blame may even be placed on Huaqing Holding Group.

"It's normal. Mr. Duan has been beside you with a sinister look for a day or two. He has been coveting Xinlang for a long time." Jiang Xiaobai knew about this happening in his previous life, so it was not a surprise.

Then Jiang Xiaobai asked: "By the way, what does Huadeng International mean? Does it mean to sell its shares in Xinlang?"

"Director Jiang, the other party is not too willing to sell Xinlang shares. On the contrary, he wants to hold it for a long time and wait and see the Internet winter pass.

Of course, foreign capital does not pay much attention to friendship, nostalgia, or special meaning. In my analysis, it is mainly because they want to make more money.

If we offer a high price that they cannot refuse, then it is not impossible for them to make a move. "

Jiang Xiaobai heard the words and refused: "Forget it, don't talk anymore. If they are willing to hold it, just hold it. The price is not too high. If you are willing, then it will be based on the purchase price of Goldman Sachs and Yingke. It will cost you even a penny more." No."

It's not that Jiang Xiaobai has no money, but that he can't pay too much. In fact, Xinlang itself has little to do with him and has no special meaning, so there is no need to spend too much money to acquire shares.

Moreover, the previous acquisition price with Yingke and Goldman Sachs was not too high, so Huadeng International was given a high price when it was resold. What would Yingke and Goldman Sachs think in the future?

If it is just a few percent short of reaching the holding ratio, it can be considered, but Huadeng International has a lot of shares, and even if it is acquired, it will not reach the holding ratio, so there is no need to spend too much money. .