Rebirth: From Cottage To Big Money

Regarding the internal shareholding situation of the Penguin Group, it can be said that it is very complicated, and it is possible that even Xiao Ma himself has no way to distinguish clearly.

This is a bit exaggerated, but in fact it is not an exaggeration. Even if Xiao Ma is the founder of the Penguin Group, and since its establishment, he has personally participated in some large-scale financings after many rounds of financing. It stands to reason that this The situation should be no stranger to internal shareholding.

However, it is said that so many years have passed, especially after the Penguin Group's later ipo on Hong Kong Island, the shareholding structure has become more complicated. It can be said that Xiao Ma can only control the large-scale financing shareholders. If it is broken down, he has no way to distinguish it clearly.

He has a complete grasp of the large shareholdings, but don’t forget that many investors will split and cross-holdings, and then some investments will transfer equity. Over time, you want to distinguish clearly. Very difficult, especially those who hold very small shares.

For example, if they hold 0.1% of Penguin Group’s shares, such people can be regarded as Penguin Group’s equity in the true sense. However, it is only when Penguin Group holds a large shareholder meeting that those talents will Appear, medium-sized or small shareholders meetings, those people will not appear, nor will they be invited, because their holdings are too small.

No matter how much Brother Xiao Ma has the energy, it is impossible to remember the names of all the shareholders of Penguin Group clearly. Besides, even if the names of those people are known, you know whether these people are for others or for some What about the agency?

The longer it takes, the more complicated it will become!

In addition, there are some situations, that is, some shares acquired in the secondary market of the stock market. This type of shares does not usually have much power. Some even have no voting rights, but they are still shares after all. When a certain amount of shares are gathered together, they are also shares, and they have a certain amount of power.

Until now, I don’t know how many people and individual institutions have acquired shares of Penguin Group through secondary markets such as the stock market, and these people will not buy in a single account, but scattered to buy. , As long as the amount of an account is not too much, there is no need to raise a placard.

If you don’t raise the placard, you don’t need to make an announcement. If you hide it, there is no problem at all. When necessary, when the shares of these accounts are transferred to one account, you only need to sign one copy. If you exceed 5% of the power of attorney, you will raise a placard to indicate to the public that you are a shareholder of Penguin Group.

Five percent. For the power structure of the Penguin Group, if there is any influence, it mainly depends on the meaning of Xiao Ma and those institutions that hold a large number of shares.

For example, if you hold 5% of the Penguin Group’s shares, but you want to enter the internal authority of the Penguin Group, you can completely refuse you if you say that you need to enter the board of directors. Maybe you hold 100%. Five-fifths of the shares can initiate a general meeting of shareholders. This is your power. You may not be able to enter the authority of the Penguin Group. That is not what you can decide.

If there are express provisions, you will automatically have this right only when you hold a certain amount of shares.

This limit is said to be 20%!

And today, how many can really hold 20% of the shares?

In the early stages of the development of the Penguin Group, there were people who really held 20% of the shares. These people excluded Xiao Ma himself and several founders. As an investor, there was only one person. Really owned 20% of Penguin Group's shares.

Not surprisingly, it was the son of Li Chaoren, who was on the fence. It was just that he invested for a few years and then transferred the shares. Although he made a lot at that time, he became proud of his career, even a member of his generation. An investment, but to this day, it is definitely not an investment worth a lifetime. It can be said to be a big stain in life, an indelible failure in an investment career.

Just because if that 20% of the shares are held to this day, it will be enough to make him the richest man in Asia, and even occupy a seat on the world's richest man list.

Yes, 20% of all transfers!

If it was transferred to an institution, it can be said that that institution was taken over in its entirety, but now, after several rounds of cashing out, that institution has not reached the point of 20%.

At this moment!

No institution, or an individual, holds more than 20% of the shares of Penguin Group.

That’s right, at least on the surface. Even in the announcement, there is an institution that holds as much as 31% of Penguin Group’s shares, but that is only superficial. The real situation is probably only Xiao Ma and others are clear.

Of course, there are still a lot of holdings of Penguin Group, let alone more than 30%, more than 35%, they also exist. The difference is that those people have not announced it. They are decentralized holdings, and again, they are held in a cross-shareholding manner.

It also includes Brother Xiao Ma, who really thinks that he only holds almost 8% of the shares of Penguin Group, as it seems on the surface?

Don't be kidding, okay!

That's just the surface. I am afraid that only Brother Xiao Ma knows exactly how much Penguin Group holds shares. After all, if you change your name, you can also hold shares of Penguin Group.

But no matter what, at least in terms of voting rights, with the emergence of ab equity, the control of the Penguin Group has changed, even if you (Zhao Hao Zhao) only hold a small amount of shares, it is enough for you It is the voting power that controls the power of this company.

You can give you Class B shares during the round of financing. This type of shares can be stipulated that they do not have the right to vote and only have the right to distribute dividends.

In the true sense, even if you hold 90% of the shares, but all of them are Class B shares, then you do not have any power.

It seems that no company has given up so many Class B shares, just like Song.

This shows how important the original stocks are, and their meaning is completely different, just because these original stocks have stock rights, regardless of how many they are, they are extremely precious.

To be honest, if you now hold 1% of the original shares of the Penguin Group, then it is enough for you to have a place in the internal authority of the Penguin Group, right?

…….

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