Big conference room. 大会议室。 The atmosphere is somewhat dignified. 气氛有些凝重。 Li Dong and Huang Guangyu, the times of several words, started to quarrel, making many people somewhat surprised. 李东和黄光玉两人,几句话的工夫,就开始吵了起来,让不少人都有些惊讶。 Naturally, surprised as before is these ordinary investors. 当然,惊讶的依旧是那些普通股民。 In their eyes, big shot that is the cloud poor business conditions is light, chats the mast scull to unravel. 在他们眼里,大佬们那都是云淡风轻,谈笑间樯橹灰飞烟灭。 With television performance is the same, maintains composure, kills the opposite party with the look. 或者和电视上演的一样,不动声色,用眼神杀死对方。 But the reality is, to present this situation, the tycoon is also the person, who doesn't have the mood? 可现实是,到了如今这个地步,大亨也是人,谁没有情绪？ old yellow to defend the domain of Gome, Li Dong invested tens of billions, to capture the holding power of Gome, although two people do not have to have no consideration for face officially, in fact not wide difference. 老黄是为了守住国美的地盘,李东投资了上百亿,是为了夺取国美的控股权,两人虽然没正式撕破脸,实际上也没多大差别。 At this time, but also clouds the poor business conditions to be light, that really underestimates the human nature. 这时候,还云淡风轻,那实在是小看人性了。 Frequently several hundred hundred million resource flows, or relates to 20 years of honor or disgrace rise and fall, who can be aloof. 动辄数百亿的资金流动,又或者关系到20年的荣辱兴衰,谁能无动于衷。 Li Dong said a word quite disdains to Gome brand, Huang Guangyu coldly visits him, long time said: „ You said why I didn't inject the listing part the brand initially? 李东言语中对国美品牌颇为不屑,黄光玉冷冷看着他,半晌才道:“你说我当初为何不把品牌注入上市部分？ Good, I reply you now, because Gome went public through leasing a shell initially, ahead of time without this opportunity! 好,那我现在回答你,因为当初国美是借壳上市,先期没有这个机会！ Then the time, why I do not continue to pour into, that is because Gome has not all gone on the market! 而后期,我为什么不继续注入,那是因为国美没有全部上市！ The brand keeps un- listing part, I can give to go on the market free of charge some uses, gains the biggest benefit for the shareholder. 品牌留在未上市部分,我可以无偿交给上市部分使用,为股东争取最大的利益。 Once kept the listed company, that is authorized to the non- listing shop, will make very big trouble. 而一旦留在了上市公司,那授权给非上市门店,会造成很大的麻烦。 This is its one, second, because, Gome is the brand that my Huang Guangyu creates! ” 这是其一,第二,因为,国美是我黄光玉创建的品牌！” Loud and clear that old yellow said that understood? 老黄说的掷地有声,听懂了吗？ Why don't I pour into? 我为什么不注入？ Because that is the brand that I create, that follows my lifetime brand, rather than all shareholders! 因为那是我创建的品牌,那是跟随我一生的品牌,而不是全体股东的！ The person who this saying, can understand naturally can understand, the incomprehensible person, Huang Guangyu does not care. 这话,能理解的人自然能理解,不能理解的人,黄光玉也不在乎。 Li can Dong understand? 李东能理解吗？ Without a doubt, his gate is clear, but he did not acknowledge, who can his what. 毋庸置疑,他心里门清,可他就是不承认,谁能奈他何。 Huang Guangyu does not want to continue to argue with him, because more is struggles, is more likely to downplay the effect of un- listing shop and brand. 黄光玉不想和他继续争辩下去,因为越是争下去,越有可能淡化未上市门店和品牌的效果。 But Li Dong, said at this time that several, has served own purpose. 而李东,这时候说了那几句,已经达到自己的目的了。 Saw old yellow saying that Li Dong will depend in the future, said with a smile: „ Since yellow said that I nothing more to be said. 见老黄这么说,李东往后靠了靠,笑道:“既然黄总这么说,那我没什么好说的了。 In other words, now yellow the meaning is, is Gome purchase skill great development Co. , Ltd., this meaning? ” 也就是说,现在黄总的意思是,国美收购艺伟发展有限公司,是这个意思吧？” At this time, the ordinary investor started to have doubts. 这时候,普通股民又开始疑惑了。 What situation is the skill great development? 艺伟发展又是什么情况？ Naturally, is not everyone does not know the circumstances of the matter, under the stage some people explained in a low voice: „Skill great development is the holding Gome brand and has not gone on the market the parent company in 358 shops.” 当然,也不是所有人都不知情,台下有人低声解释道:“艺伟发展就是控股国美品牌和未上市358家门店的母公司。” The people understand clearly, many people felt, these big enterprises are really complex. 众人了然,不少人都觉得,这些大企业真是复杂。 A Gome Group, the every large or small company did not know many, the light was the listing part, actually complex must die. 一个国美集团,大大小小的公司都不知道多少了,光是上市部分,其实都复杂的要死。 Now un- listing part, emits a company, really suffices to be idle. 现在未上市部分,又冒出个公司来,真够闲的。 Regarding these people's discussions, Li Dong and Huang Guangyu have not been serious, 358 shops add on Gome brand, establishes a company is really normal. 对于这些人的议论,李东和黄光玉都没太当回事,358家门店加上国美品牌,重新成立一家公司实属正常。 Two people have not managed others 's discussions, Huang Guangyu calm, said slowly: „ Good, while the present group suspension, completes the assets reorganization, can omit we very big trouble and time. 两人没管其他人的议论,黄光玉冷静了下来,缓缓道:“不错,趁着现在集团停牌,完成资产重组,也能省去我们很大的麻烦和工夫。 Moreover I said that we need the good news, makes up the beforehand negative impact. ” 而且我说了,我们需要利好消息,来弥补之前的负面影响。” Li Dong said lightly: „ These negative impacts, are not I create, but my existence, has in fact helped the negative impact that some people have imperceptibly, conducted recalling. 李东淡淡道:“那些负面影响,可不是我造成的,而我的存在,实际上已经无形中帮一些人造成的负面影响,进行了挽回。 At this time, yellow persisted in wanting group purchase skill great, the goal was not that pure. 这时候,黄总坚持要集团收购艺伟,目的可不是那么纯洁。 Naturally, I can understand that yellow decided that but something, everyone watches. 当然,我能理解黄总的决定,不过有些事,大家都看在眼里。 Even if not purchase skill great at this moment, so long as yellow continues to be willing to be authorized to be entrusted with, I feel no difference. 哪怕此刻不收购艺伟,只要黄总继续愿意授权托管,我觉得没什么差别。 If yellow insists, that said the condition, is proper, our these shareholders do not look at Gome to split helplessly. ” 如果黄总坚持的话,那说说条件,条件合适,我们这些股东也不会眼睁睁看着国美分裂。” Huang Guangyu tranquil say/way: „ Li, your I makes the struggles of some argument to be not meaningful. 黄光玉平静道:“李总,你我做一些口舌之争没有任何意义。 Must purchase skill great, I think that you should have the decision to be right. 到底要不要收购艺伟,我想你应该有了决定才对。 Arrived this situation, we spoke frankly. 到了这地步,咱们打开天窗说亮话。 Gome capitalization purchase skill great, including shop, brand and supply chain channel...... 国美全资收购艺伟,包括门店、品牌、供应链渠道…… Always fixes a price 10 billion Hong Kong dollars. ” 总作价100亿港币。” Li Dongtao pulled out the ear, looked at other shareholders, long time loses says with a smile: „ In broad daylight, yellow has not awaked. 李东掏了掏耳朵,看了看其他股东,半晌才失笑道:“大白天的,黄总还没睡醒呢。 I do not know, has not awaked, yellow just came out, was somewhat muddled! ” 我不知道,是没睡醒,还是黄总刚出来,有些糊涂了！” This saying, many complexions change. 这话一出,不少人脸色一变。 Du Juannu who had not made noise: „ Li Dong, this is Gome, is not the distant place! 一直没出声的杜娟怒道:“李东,这是国美,不是远方！ Arrived this situation, got personal, is you should the matter of doing? ” 到了这个地步,进行人身攻击,是你该做的事吗？” Li Dong sneers saying: „ My personal attack? 李东冷笑道:“我怎么人身攻击了？ I said isn't the truth? ” 我说的不是实情吗？” Turned head to look at the head of JP Morgan Chase, Li Dong said lightly: „ Mr. David, you said, what I said is the truth? 扭头看了看摩根大通的负责人,李东淡淡道:“戴维先生,你说,我说的是实情吗？ yellow was muddled, that was the head is not quite miraculous! 黄总要不是糊涂了,那就是脑袋不太灵光了！ 10 billion Hong Kong dollars? 100亿港币？ 358 shops, a Gome sign, yellow dares to start out 10 billion Hong Kong dollars in addition the sky-high prices! 358家门店而已,加上一个国美牌子,黄总就敢开出100亿港币的天价！ Really thinks that our these shareholders are the idiot are inadequate? 真以为我们这些股东是白痴不成？ Occupies skill great of entire Gome system over 1/3 shops, 25 of sales volume actually not Football Association performance! 占据整个国美体系三分之一以上门店的艺伟,销售额却是不足总业绩的25！ This year was about to end, Gome entire system sales volume also achieved 80 billion! 今年快结束了,国美整个体系销售额也才堪堪达到800亿！ But That side skill great, the sales volume achieves 20 billion. 而艺伟那边,销售额堪堪达到200亿而已。 Moreover, the ratio of margin drops much, the net profit also makes one not endure to look straight ahead, this year can have 300 million net profits? 而且,毛利率下降不少,净利润也让人不忍直视,今年能有3亿净利润吗？ I looked, perhaps does not have. 我看,恐怕是没有的。 Such enterprise, dares to ask for 10 billion sky-high prices, what isn't the head water penetration is? 这样的企业,敢开出100亿的天价,不是脑袋进水是什么？ Really thinks that the money of our shareholder are white to come? 真以为我们股东的钱是白来的？ Felt, in Gome, you really can hoodwink the public! 还是觉得,在国美,你们真的能一手遮天！ I invest so much money to enter Gome, does not accompany you to play spatial glove white wolf, the left hand trades the right hand, thought but actually beautiful! ” 我投资这么多钱进入国美,可不是陪你们玩空手套白狼的,左手换右手,想的倒美！” Li Dong scolded one sternly, the relaxing pole, looks to all humanity: „ You said, this proposition can pass? 李东厉声呵斥了一句,直起腰杆,看向所有人道:“你们说,这个提议能通过吗？ Whose money is not the gale blows , although owns stocks not many, may purchase skill great to spend 10 billion, the booth to you on, loses! 谁的钱也不是大风刮来的,诸位虽然持股不多,可收购艺伟耗资百亿,摊到你们头上,都是损失！ Great idea that yellow has actually! 黄总倒是打的好主意！ Money that Gome purchase skill great, spends, we allocate, he is a major stockholder, but can also divide part! 国美收购艺伟,多花的钱,我们平摊,他是大股东,还能分一部分！ But skill great is his capitalization holding, makes money, fell into his pocket! 而艺伟是他全资控股,赚了钱,又落入了他的口袋！ In the world has this good deed, looked for my Li Donghao, I ensure did not have yellow is so greedy! 天底下有这种好事,找我李东好了,我保证没黄总这么贪婪！ According to his meaning, the present Gome listing part, the light was the shop part minimum value over 30 billion, in addition Pengrun, in addition other, altogether at least value 50 billion! 按照他的意思,现在的国美上市部分,光是门店部分起码价值300亿以上了,加上鹏润,加上其他的,总共起码价值500亿！ Ok, yellow must think so, I am willing to sell 30 stocks that I hold. 行啊,黄总要是这么觉得,我愿意出售我持有的30股份。 Gave me 15 billion enough, I was not greedy. 给我150亿就够了,我这个人不贪心。 yellow Zongyao wants the buy-back, we sign the contract immediately, is then good as for yellow 10 billion purchase skill great, 100 billion also good , there is nothing to do with me! 黄总要是愿意回购,咱们马上签合同,至于回头黄总100亿收购艺伟也好,1000亿也好,和我无关！ In any case, flower is not my money! ” 反正,花的又不是我的钱！” Li Dong words, making many complexions change. 李东的话,让不少人脸色一变。 Before the peaceful JP Morgan Chase heads were also quiet the say/way: „Mr. yellow, 10 billion Hong Kong dollars, indeed somewhat cracked a joke.” 之前安静的摩根大通负责人也平静道:“黄先生,100亿港币,的确有些开玩笑了。” the crmc representative also shakes the head saying: „ Purchase skill great, our most shareholders approves. crmc的代表也摇头道:“收购艺伟,我们大部分股东都是赞同的。 Just like but Mr. Li said that 10 billion Hong Kong dollars, this plays everyone's joke. 可正如李先生说的一样,100亿港币,这是开所有人的玩笑。 As the shareholder, we are impossible to accept such condition. ” 作为股东,我们不可能答应这样的条件。” Huang Guangyu who journey Xiaopie did not speak, faint smile: „ yellow, I looked, since were in this situation, everyone said what is solid is good. 程晓瞥了一眼不说话的黄光玉,似笑非笑道:“黄总,我看,既然都到了这个地步,大家还是说点实在的为好。 10 billion Hong Kong dollars, were equivalent to the present most listing group. 100亿港币,相当于现在大半个上市集团了。 Even if we agreed that Securities Regulatory Commission and Hong Kong Stock Exchange will not agree. 就算我们同意了,证监会、港交所也不会同意的。 As skill great independent holding party, is the major stockholder of Gome, 10 billion proposals hand over, others also think what insider trading. ” 作为艺伟的独立控股方,又是国美的大股东,100亿的提案交过去,别人还以为有什么内幕交易呢。” This people have not given old yellow face, was the initial price was too high, high somewhat odd. 这次众人都没太给老黄面子,实在是开价太高了,高的有些离谱。 With Li Dong said that everyone is a shareholder. 和李东说的一样,大家都是股东。 Gome buying at a high price skill great, the part of premium, is they allocates finally. 国美高价收购艺伟,最后溢价的部分,都是他们平摊的。 But skill great money, handed over actually arrived in old yellow hand. 可艺伟的钱,转手却到了老黄手上。 Naturally, at this time everyone understands, purchase skill great, is impossible to spend money, most also on some cash, must allocate the new stock to complete most probably. 当然,这时候大家都明白,收购艺伟,不可能用钱,最多也就部分现金,大半还是要配发新股完成。 Even but if directly to the cash, stock that is not money, same truth. 可就算不直接给现金,股份那也是钱,一样的道理。 Loses everyone to allocate, the income is actually Huang. 损失大家来平摊,收益却是黄家一方。 Related to benefit, Huang Guangyu prestige again high also useless. 涉及到利益,黄光玉威望再高也没用。 Naturally, this time 10 billion Hong Kong dollar initial price, is only the initial price, everyone knows this. 当然,这时候的100亿港币开价,也只是开价,大家都知道这点。 Now Li Dong strongly opposes, everyone suppresses together, actually not really because of this 10 billion, but prepares for the following negotiations. 现在李东强烈反对,大家一起进行压制,倒不是真的因为这100亿,而是为了接下来的谈判做准备。 Now if everyone attitude is not clear, was short of 8 billion not to want to purchase skill great. 现在大家态度要是不清晰,回头少了80亿都没希望收购艺伟。 The intensity that now everyone opposes, all did not agree, such a, even the proposed takeover did not cross. 现在大家反对的强烈,全体都不同意,这么一来,连收购提议都过不了。 Except that Huang and some shareholders who support Huang perhaps, no one will be damaged by own benefit. 除了黄家和部分支持黄家的股东,恐怕没人会让自己的利益受损。 The people opposed, Huang Guangyu is not accidental/surprised, has not intertwined these, Huang Guangyu tranquil say/way: „ I first did not say 10 billion issues, in view of Li words, I said several simply. 众人反对,黄光玉也不意外,没纠结这些,黄光玉平静道:“我先不说100亿的问题,针对李总的话,我简单说几句。 Chief Li said, 25 of skill great sales volume not Football Association Shop performance, without the investigation , there would be no right to speak, talked irresponsibly, guided fellow shareholders, was not the matter that Li Zonggai did. 李总说,艺伟的销售额不足总门店业绩的25,没有调查就没有发言权,信口开河,引导各位股东,可不是李总该做的事。 According to the first three quarters statistics, Gome three quarter sales volume 44 billion. 按照前三个季度的统计,国美三个季度销售额440亿。 But skill great, in the first three quarters sales volume 18 billion, proportion over 29. 而艺伟,前三季度销售额180亿,占比29以上。 Next, skill great net profit **, therefore reduces, this everyone not clear reason? 其次,艺伟的净利**所以降低,这点大家难道不清楚原因？ Only is every year trust expense, reaches as high as 200 million! 光是每年的托管费用,就高达2亿！ Puts together, the skill great year net profit is close to 5 hundred million, but this trust expense, but belongs to Gome. 加在一起,艺伟年净利润接近五个亿,而这笔托管费用,可是归于国美。 In brief, I with skill great of oneself sole ownership holding, increased 200 million net profits for Gome Group every year. 简而言之,我用自己独资控股的艺伟,为国美集团每年增加了2亿的净利润。 What loss is I, profit is actually everyone. ” 损失的是我自己,获利的却是大家。” Li Dong hits to block the way: „ yellow this saying changed the concept, was entrusted with the expense to be entrusted with the expense, since were entrusted with, Gome must spend the manpower and resources. 李东打断道:“黄总这话可是偷换概念了,托管费用是托管费用,既然托管了,国美也是要花费人力物力的。 The overhead charges of more than 300 shops, one year 200 million high? 300多家门店的管理费用,一年2亿算高吗？ Let skill great manage, the managed cost will be only higher! 让艺伟自己去管理,管理成本只会更高！ Gome sends people to manage, that also wants the cost, the so-called 200 million net profits, are untenable. 国美派人进行管理,那也是要成本的,所谓的2亿净利润,根本就不成立。 As for the earning proportion, the Gome 702 shops, the skill great 358 shops, the shop quantity is less than skill great two times, the earning, even if deferred to achieved 2.45 times of opposite party yellow said. 至于营收占比,国美702家门店,艺伟358家门店,门店数量不到艺伟两倍,营收哪怕按照黄总说的也达到了对方的2.45倍。 On the other hand, the skill great shop quality, the single shop profitability, the single shop earning ability, might as well go on the market the part. 相对来说,艺伟的门店质量,单店盈利能力,单店营收能力,都不如上市部分。 But the listing part, the shop is only part, the thing that Gome includes are many, including some real estates, logistics, channel...... 而上市部分,门店只是其中一部分,国美包括的东西很多,包括一些地产,物流,渠道…… Overall, popularly, everyone who said can understand that the skill great value is less than 1/5 of Gome. 总体而言,说的通俗点,大家都能明白的,艺伟价值不到国美的五分之一。 This is not I talks nonsense, on the scene has the professional, making them calculate, estimates, weighs, 1/5 completely does not have any underestimate skill great meanings. 这不是我胡说八道,在场的有专业人士,让他们去计算,去估算,去衡量,五分之一完全没有任何低估艺伟的意思。 But Gome, before the suspension, the total market value is also 20 billion Hong Kong dollars. 而国美,在停牌前,总市值也才堪堪达到200亿港币。 1/5 st, 4 billion Hong Kong dollars, that overestimates skill great. 五分之一,40亿港币,那是高估艺伟了。 Now, yellow dares to say actually, the opens the mouth is 10 billion Hong Kong dollars, turned two times also many, this world does not lack the fat sheep, may work as the fat sheep our these shareholders...... ” 现在,黄总倒是敢说,张口就是100亿港币,翻了两倍还多,这个世界不缺肥羊,可把我们这些股东当肥羊……” Li Dongdun, said with a smile pale: „Really must like this, the result perhaps stem from yellow to expect.” 李东顿了一下,淡笑道:“真要这样,结局恐怕会出乎黄总的预料。” „4 billion Hong Kong dollars!” “40亿港币！” Li Donghua, Huang Guangyu complexion changed. 李东话一出,黄光玉脸色就变了。 This fellow, but also really dares to say! 这家伙,还真敢说！ If we had known he must underestimate that the skill great value, never expected that Li Dong several words got down, cut half to continue! 早知道他要低估艺伟的价值,没想到李东几句话下来,砍了一半都不止！ Huang Guangyu complexion slightly cold, deeply looked at Li Dongyi eyes, long time said: „That this matter does not discuss that today, has Li, I thought there is nothing to discuss.” 黄光玉脸色微冷,深深看了李东一眼,半晌才道:“那这事今天就不谈了,有李总在,我觉得没什么好谈的。” Li Dong said with a smile: „ This along with yellow, I do not matter. 李东笑道:“这个随黄总,我无所谓的。 Naturally, yellow did not discuss, my a little matter must discuss. 当然,黄总不谈,我还是有点事要谈的。 Then we toward the rural network point distribution, the rural area should not be a big market, we cannot miss. 接下来我们不是要往农村网点布局么,农村可是个大市场,我们不能错过。 But now, the fund in Gome account...... ” 可现在,国美账面上的资金……” Li Dong looked at people, smiled saying with a smile: „ Some business secrets, I did not say that in brief, the expansion is insufficient. 李东看了一眼众人,笑了笑道:“一些商业机密,我就不说了,总而言之,扩张不够。 Or gives up the expansion of rural market, or must raise money. 要不放弃农村市场的扩张,要不就得筹钱。 May after the home appliance to the countryside scheme policy gets down, we do not expand, perhaps later, did not have this opportunity. 可在家电下乡政策下来之后,我们不扩张,以后,恐怕就没这个机会了。 Now, the group needs money expansion anxiously. 现在,集团急需要钱扩张。 The loan words, do not count on that because of yellow the reason, the bank is not willing to loan to us, is very regrettable. 贷款的话,别指望了,因为黄总的缘故,银行不愿意给我们进行贷款,很是遗憾。 Given up words, that is to the shareholder is irresponsible, to Gome is irresponsible. 放弃的话,那是对股东的不负责,对国美的不负责。 Therefore, I proposed, conducts the capital, the layout rural market. 所以,我提议,进行注资,布局农村市场。 But the rural market is not smaller than the city, even if reduces reduces again, over 3 billion funds could not have stopped. 而农村市场不比城市小,哪怕缩减再缩减,没有30亿以上的资金打不住。 At this time, issued additionally the new stock, when the duplicate/restores sign has not known, we may not have the opportunity to wait, waited, we really must wait for death. 这时候,增发新股,复牌还不知道何时,咱们可没机会等了,等下去,咱们就真要等死了。 You ask that Su Ning's stretch/open, king of Best Buy, they can wait for us? 你问问苏宁的张总,百思买的王总,他们会等我们吗？ Cannot! 都不会！ Therefore, the original shareholder capital, or introduces the new shareholder, needed very much. ” 所以,原有股东注资,或者引入新的股东,就很有必要了。” Li Dong voice falls, stretch/open enter the eastern several people of not far away look the awkward color, why said us, we see a play. 李东话音落下,不远处的张进东几人都面露尴尬之色,说咱们干吗,咱们看戏而已。 However Li Dong proposed that the words of capital, is to make many people understand instantaneously, what idea that this fellow has. 不过李东提议注资的话语,却是让不少人瞬间明白,这家伙打的什么主意。 But Sun Tao several people also know why Li Dong is looking for Merchants Bank to loan anxiously. 而孙涛几人也才知道,李东为什么这么急着去找招行贷款。 Li Dong did not feel relieved that competes in the secondary market, did not feel relieved that captures the holding power with the convertible bond. 李东根本不放心在二级市场竞争,也不放心用转换债券夺取控股权。 He wants are more, therefore at this time, he proposed that conducts the capital. 他想要的更多,所以在这时候,他提议进行注资。 Once the capital, Huang currently does not have many funds, perhaps the beforehand money all spent, after all these days they did not have few buy-back stocks. 一旦注资,黄家目前没有多少资金,之前的钱恐怕都花完了,毕竟这些日子他们没少回购股份。 But Li Dong said the capital 3 billion, this current, how many shareholder meetings there are willing toward inside to put up the cash? 而李东说注资30亿,这当前,有几个股东会愿意往里面砸钱的？ If proposed passes, as Li Dong of original shareholder, had the right to conduct the capital, obtains new stock that allocated. 如果提议通过,作为原股东的李东,有权利进行注资,获得配发的新股。 By that time, is not the competition in JP Morgan Chase and secondary market, Li Dong may exceed the equity ratio of Huang to be hungry. 到了那时候,不算摩根大通和二级市场方面的竞争,李东就有可能超过黄家的股权比例饿。 Moreover Li Dong proposition, it seems like, the passed possibility is very at present big. 而且李东的提议,目前看来,通过的可能性很大。 After all Gome does not have the cash flow is the fact, the young shareholder is not clear, others are actually clear. 毕竟国美没有现金流是事实,小股东不清楚,其他人却是清楚的很。 Huang did not say, to the young shareholder, the capital is also a good news. 黄家这边不说,对小股东而言,注资也是个利好消息。 Injects 3 billion cash flows, advantage to the Gome following development. 注入30亿现金流,对国美接下来的发展大有益处。 No enterprise, will shut out own cash flow to be many. 没有哪家企业,会嫌弃自己的现金流多的。 Really, this saying, Huang Guangyu complexion somewhat changed. 果然,这话一出,黄光玉脸色有些变了。 He has thought that Li Dong may propose the bond to transform at this time, he knows that Li Dong purchased many bonds. 他想过,李东可能会在这时候提出债券转换,他知道李东收购了不少债券。 Also has thought that how many organizations Li Donghui with other will not have had the tacit understanding, among the remaining how many major stockholders, had some people turned to him? 也想过,李东会不会和其他几家机构有过默契,剩下的几位大股东当中,已经有人投靠了他？ But in any event, Huang had the advantage at this time. 可无论如何,这时候黄家还是占据优势的。 Once pours into skill great, superior incomparably magnification. 一旦注入艺伟,优势会无比扩大化。 Has not thought, Li Dong has not raised these, must conduct the capital directly, this calculates that held his soft rib. 可没想到,李东没提这些,直接要进行注资,这算抓住了他的软肋。 At any time, money is the energy. 任何时候,钱都是底气。 Huang now, really does not have money. 黄家现在,是真的没钱了。 Capital proposition through the words, Li Dong occupies the possibility of advantage to be very big, but he, was not quite good to refute at this time. 注资提议通过的话,李东占据优势的可能性很大,而他,这时候却不太好反驳。 Because, the capital is the good deed, at least to Gome at this moment is the good deed, because they are short of money. 因为,注资是好事,起码对此刻的国美而言是好事,因为他们缺钱。 You are not short of money, capital that dilutes everyone's stock, everyone will not agree. 你不缺钱,注资那是稀释大家的股份,大家不会同意的。 May be short of money, your capital dilutes, everyone is also glad, always compared with because of the reason of money, presents aspect that is hard to start. 可缺钱的时候,你注资稀释,大家也乐意,总比因为钱的缘故,出现举步维艰的局面强。 Li Dong sees the people not to speak, said: „ Forgot saying that what I said was the Renminbi, was not the Hong Kong dollar. 李东见众人不吭声,又道:“忘了说了,我说的是人民币,不是港币。 According to the present exchange rate, capital 3 billion Renminbi, almost in 3.5 billion Hong Kong dollars. 按照现在的汇率,注资30亿人民币,差不多在35亿港币之间。 But before the suspension, Gome stock price 1.1 Hong Kong dollars about. 而停牌前,国美股价1.1港币左右。 Even does not give a discount, premium part, allocates new stock 3 billion, this does not have the issue. 就算不折价,溢价一部分,配发新股30亿股,这点还是没问题的。 With 3 billion new capital stocks, trades injections of 3 billion Renminbi, trades to come the layout of rural market to open, trades bringing back to life of entire Gome, I thought that is worth very much. 用30亿新股本,换来30亿人民币的注入,换来农村市场的布局打开,换来整个国美的起死回生,我个人觉得很值得。 Naturally, this must look at everyone's opinion. 当然,这点还得看大家的意见。 Since proposes today, I overstep authority and get involved in another's affairs, exercise the right of shareholder, everyone voting decision. 既然今天提议了,那我就越俎代庖,行使一下股东的权利,大家投票决定吧。 According to the regulation, at all shareholders' meeting, to increasing funding the proposition votes, surpasses half right to vote to pass. 按照章程,全体股东大会上,对增资提议进行表决,超过一半表决权既为通过。 No matter the skill great matter yellow does continue, the group is short of money real, even if continues to purchase skill great, that must ask for money is not, therefore, increasing funding that is definitely has necessarily its. ” 艺伟的事不管黄总继续不继续,集团缺钱是真的,就算继续收购艺伟,那也得要钱不是,所以,增资那是绝对有其必要性的。” Li Dong voice falls, Huang Guangyu has the sound said finally: „ Li did not think that worried? Moreover this matter has not passed through the board of directors to propose, now says directly, Li does not know, this will cause the outside world to have an adverse impact? 李东话音落下,黄光玉终于出声道:“李总不觉得太着急了？而且这事还没经过董事会提议,现在直接说出来,李总难道不知道,这会导致外界产生不良影响？ Is the group fund enough the expansion, has the means to satisfy the rural network point distribution, this must undergo the detail statistics budget, rather than the Li a few words insufficient layout can represent! ” 集团资金到底足不足够扩张,到底有没有办法满足农村网点布局,这都是要经过详细统计预算的,而不是李总一句话不够布局就能代表的！”