Chapter 648

Fang zhe snorted coldly. Sometimes money is difficult to do things, not because of insufficient energy, but because of insufficient quantity. No one is willing to betray his boyfriend and girlfriend for hundreds of dollars, and tens of billions of people have cheated.

Why do SMIC's minority shareholders and management welcome themselves so much? Isn't it because they have money? In their opinion, it's much better to be tied with Fang Zhe, the world's richest man, than with SMIC's unreliable major shareholders.

Although these major shareholders hold shares and seats one by one, they are really allowed to invest more money and do more for SMIC. They prevaricate and argue. Otherwise, SMIC has developed in recent years.

SMIC's ownership structure is complex. Fang zhe wants to take a stake in SMIC in his own name. The best way is to spend money to buy SMIC's shares from minority shareholders and the secondary market.

One of the reasons why these small and medium-sized shareholders rejoice is that there is finally a suitable and generous buyer who can let himself quit. SMIC has been established for 14 years, and how many shareholders have made money?

It is because the equity structure of SMIC is so chaotic. After you sing, I step on the stage. You retreat, I advance, and I retreat. It has been tossing around for more than ten years. Up to now, the bulk of the equity has basically been handed over to the capital or enterprises with the prefix of Guo.

Fang zhe thought of a strategy and explained his plans to Li Wen. After communicating with the team sent to contact SMIC international, Li Wen found that their suggestions coincided with Fang's general strategy, and had begun to contact the minority shareholders of SMIC who wanted to sell or transfer their shares.

On the other hand, SMIC is now listed in Hong Kong, with a low share price of only a few cents. They also began to quietly buy SMIC's shares in the secondary market.

"Mr. Lin, our big boss does things, and it's not clear to us. We just do things according to the instructions. If you are interested in selling SMIC shares held by your company, please sign this agreement. You can rest assured that the sincerity given by our big boss is absolutely satisfactory to you."

One of the team members sent by Fang Zhe to contact and acquire SMIC shares in a chip design company in Jianghai city said to the boss of the chip design company in front of him.

More than ten years ago, SMIC was established in the mainland. Out of the mentality of supporting and occupying a seat and improving relations, Lin Zonghe bought some shares of SMIC.

Who wants SMIC to go public in New York and Hong Kong in 2004? Up to now, the share price of SMIC has gone all the way down. Up to now, the share price of SMIC is less than 70 cents, which is cheaper than the price of cabbage.

In recent years, in order to finance the construction of the plant, SMIC international has to issue new shares every other period of time, making the shares in the hands of their minority shareholders less and less valuable.

Their company is fine. It has been increasing its capital and maintaining its equity ratio. For example, some shareholders smaller than them, I'm afraid the shares in their hands have been diluted so that Alto can't afford to buy them.

Many times, Lin and his company's board of directors have intended to withdraw their SMIC shares, but they always think that SMIC is the leader of chip manufacturing in the mainland, and there will always be a time to rise.

As a result, once, twice, countless times, the share price of SMIC has fallen by more than 70% in the past ten years. He and the company's shareholders really don't know when it will end.

At this time, Fang Zhe's team sent to buy SMIC shares contacted him.

Founder of Huizhong, Fang Zhe, the world's richest man known as the world's youngest and promising, wants to buy SMIC shares?

When he heard the news, President Lin was excited. He looked forward to SMIC's improvement after so many years?

President Lin was excited for a while and hesitated. Seeing that Fang Zhe, a local tyrant who doesn't need money, is about to enter the market, SMIC may have a chance to turn over. His company may continue to hold SMIC shares, but he believes that many small and medium-sized shareholders of SMIC will have the same mentality as him and make a fortune with Fang's richest man. Who doesn't want to?

Then the question arises. If everyone is unwilling to sell, how can the richest man enter the market? If the richest man is only a minority shareholder, I'm afraid that little money can't even be counted as Fang's total pocket money, and it's not a drizzle for the gold swallowing industry such as chip manufacturing.

Moreover, for the other party's richest man, even if he is interested, throwing hundreds of millions of dollars into the chip industry is small money. If he loses, he will lose, but his company can't be arbitrary here.

If Fang's richest man wants to play with the big ones and invest money in them, if their minority shareholders follow or do not follow, their equity will be diluted, and the interests that should decline will still decline.

This is also one of the main problems encountered by SMIC now. A bunch of stingy shareholders account for shares and equity. No one wants to invest a lot of money in it for fear of losing money, but chip manufacturing is a money burning industry. Don't play if you can't afford it. What pit does it account for!

President Lin has despised the major shareholders of SMIC for countless times. Now he finds that he is also that kind of person.

He asked the people sent by Fang Zhe to find out whether Fang Zhe, the richest man without money, wanted to play or come for real. Unfortunately, he didn't get the answer he wanted.

"If you sign, you'll make a contribution to the chip industry!" President Lin finally decided to sign the sales agreement.

The price offered by Fang zhe can be said to be very sincere. He purchased all SMIC shares held by the company where President Lin is located at the issue price when SMIC was listed.

On the surface, over the past ten years, head office Lin has made no profit or loss, and even lost some money due to inflation. However, it is calculated that head office Lin has repeatedly purchased SMIC's newly issued shares at a price lower than the issue price in order not to dilute its equity. Now, SMIC's share price is less than 0.7 yuan, nearly 34 lower than the issue price of 2.7 yuan. The SMIC shares held by head office Lin, Even if inflation is included, there is a profit of more than 200%.

10 years, 200% of the profits, if this is thrown to Tencent and Huizhong, I'm afraid the return rate is 5000% and 6000%, so this investment is profitable on the book. In fact, only those who have been investing in the chip industry for so many years know the pain.

Let the domestic chip industry rise quickly. Don't let the people who were full of hope for you leave disappointed!

President Lin's company is only one of the minority shareholders of SMIC. They hold only over 0.6% of SMIC's shares, while SMIC has a large number of minority shareholders like President Lin. it can also be seen that SMIC's ownership structure is scattered and chaotic.

At present, the largest shareholder of SMIC is Datang Telecom, which holds up to 18.95% of the equity of SMIC. If Fang Zhe and Xinsheng fund want to replace them, they still need to work hard.