After pausing, Wu Guohong looked at everyone and continued.

"However, since the second half of last year, the original sales upward momentum has stagnated, and some stores have even experienced sales declines. This is not a problem that has occurred in our company, and the same is true for other brands."

Ma Kaixuan continued: "It is true, and the market is the same. I investigated the reasons and found that the competition between brands is too fierce now, and everyone's life is not easy. In order to increase sales, many brands can only offer discounts and conduct activities every day. Although this increases sales, the brand image is greatly damaged, and it will not be worth the loss in the long run."

As he said that, he turned to look at Wang Ye and smiled and said, "Last month, I heard that Mr. Wang had set up a designer brand collection store and became a hit in Xiangjiang. I also went to observe and learn it. I have to say that it is just a word of supremacy!"

Wu Guohong also quickly interrupted and said, "When it comes to THE  TOP   SHOP, I went to Xiangjiang to see it. I really don't know what Mr. Wang thought of it. This model is too novel. There are too many styles in the store, and the sales are so popular! It will be introduced to China this year. It looks like another Huashang miracle."

The two of them praised each other together, and Wang Ye could only explain: "That model is not my first creation. There are similar stores in Europe and the United States. I just borrowed it. In addition, the positioning of THE  TOP   SHOP is completely different from that of Huashang, and it is impossible to open too many stores at its price. Therefore, it has no competitive relationship with Huashang."

As the major shareholder and chairman of Huashang International, he left the company alone and started a clothing company himself. Wang Ye had to explain clearly to avoid everyone being dissatisfied.

"It's strange. It seems that after THE  TOP                                                                                                                                                                                                                                                       

Wang Ye smiled but said nothing, Cai Zi'ang next to him spoke. In fact, he had considered THE  TOP   SHOP model, but in the end he gave up.

"Mr. Wu, maybe you have been a dealer and don't know much about the model of the upstream clothing industry chain. This THE TOP  SHOP model looks very simple, as long as there are enough designers.

But only real experts can understand this model, but it is the most difficult to imitate. Not to mention anything else, THE  TOP   SHOP can design a batch of styles and put them on sale in just three weeks. No company in China can do this! To be honest, I have always wanted to ask Mr. Wang for this question."

"Haha, let's not talk about these details for now. Let's get back to the topic. Let me talk about our Huashang International."

Everyone's attention has focused on THE  TOP   SHOP. Wang Ye can only bring the topic back to the main topic. Today is the board of directors of Huashang International.

As the chairman, Wang Ye’s speech is naturally the top priority. Only he has the greatest say and decision-making power for the future development of the company.

When everyone heard that Wang Ye was about to talk about the key points, they calmed down and looked at Wang Ye.

"To be honest, I am not satisfied with Huashang's development last year!" Wang Ye said with a bit serious expression.

Cai Zi'ang's heart was a little "splied". If the chairman was not satisfied with the company's development, then he, as the general manager, would have a great responsibility.

"Of course, Mr. Cai performed well. With such fierce domestic competition, his performance can still rise steadily.

However, we Huashang should not only compare with our domestic peers. You should know that from the day I entered Huashang, our Huashang's eyes no longer only look at these domestic competitors, our goals should be higher and farther!"

When Cai Zi'ang heard Wang Ye say that his performance was pretty good, he felt a little relieved. He could only secretly complain about Wang Ye's words later. When Wang Ye led Huashang International, the company's performance was indeed amazing.

Since Wang Ye was busy with other things last year, the company's development has indeed slowed down. However, can Cai Zi'ang compare with Wang Ye? If he had the ability of Wang Ye, he would not be the general manager. Isn't it good to start a company by himself?

Wang Ye didn't know that Cai Zi'ang complained about himself in his heart, so he continued to say to himself: "So, in 2012, Huashang International can no longer remain silent! The more fierce the market competition, it means that the market is still growing and growing. I think this is not a bad thing, but our opportunity is coming!"

When everyone heard Wang Ye’s bold words, they were very energetic and stared at him with anticipation, wanting to know what big moves Wang Ye was going to do.

"In order to enable Huashang International to grow rapidly, I have two proposals. One is to increase the capital of the company. I have contacted the funds and expected to issue additional shares worth 5 billion yuan in a targeted manner. The other is to acquire THE  TOP  SHOP!”

Everyone was in an uproar, and Wang Ye’s two proposals were more shocking than the other.

Based on the apparent stock price, Huashang International only has a market value of about 20 billion yuan, and Wang Ye will immediately increase his capital by 5 billion yuan. This action is not bad.

The second proposal surprised everyone even more. That is THE  TOP  SHOP. The most popular clothing brand in China is currently the one that Wang Ye says he wants to sell this company, the company he is rushing to buy will probably be able to squeeze out.

When the two proposals were linked, everyone suddenly realized that it turned out that the 5 billion yuan increase was to acquire THE  TOP  SHOP. It’s no wonder. If you really want to buy this company, it will definitely not be cheap.

"Qinghuan, let's introduce the situation of THE  TOP  SHOP." Li Qinghuan, who was sitting aside, said.

Li Qinghuan has not said anything since she entered the meeting, because she had no right to speak when discussing Huashang International before, and she was waiting for this moment.

So, I immediately opened the information at hand and reported the operating conditions of THE  TOP  SHOP in detail. Finally, when talking about the company’s valuation issues, the 10 billion figure obviously scared everyone.

"So high?! It's impossible, THE  TOP   There are only two stores!" Wu Guohong said with disbelief.

"The 38 stores in the mainland will be opened soon. If these stores are officially opened in a while, the valuation may be raised." Li Qinghuan said lightly.

"10 billion! Isn't this more than half of Huashang International? You should know that Huashang International has 8,000 stores." Even Cai Zi'ang couldn't believe it.

"This is the value of new models and high-end brands. The traditional brand model wins by quantity and is proven to be outdated. No matter how many quantity is, it cannot create benefits. What's the use?" Li Qinghuan said, directly making Cai Zi'ang speechless.

"Okay, don't argue on this issue. As the chairman of these two companies, I will first show my attitude. Let THE  TOP  SHOP merge in order to enable both companies to develop better. Therefore, I will make some concessions in the company's valuation and will definitely not harm the interests of all shareholders of Huashang."

After Wang Ye’s statement was made, what else can everyone say? With his current status, he will naturally not lie and deceive everyone because there is no need.

He is a major shareholder of Huashang International. If he really wants to acquire THE TOP  SHOP with a valuation of 10 billion, it will be useless for others to oppose it. As long as this valuation is worthy of the recognition of most shareholders and passed the review of the regulatory authorities.

Everyone approved Wang Ye’s two proposals unanimously. Of course, the specific details cannot be discussed clearly at today’s meeting.

"Mr. Wang, please apply for suspension of trading from Pengcheng Exchange. We may have to work on private placement and mergers and acquisitions in the future."

Now Huashang International's secretary is served by Vice President of Finance Wang Jingcong. This time, the board of directors made such two big decisions, of course, it would be necessary to apply for stock suspension. Only after these two resolutions were implemented will the transaction resume.

If a stock price rises or falls continuously due to certain news or activities, the stock exchange will suspend its trading in the stock market. After the situation is clarified or the company returns to normal, it will resume trading on the exchange.

Suspension of listed companies' stocks is a necessary measure taken by the stock exchange to safeguard the interests of investors and fairness and justice in market information disclosure, and to regulate and restrict the behavior of listed companies.

For example, Huashang International's private placement and merger are obviously in the category of suspension of trading, so we must immediately explain to the stock exchange and apply for stock suspension.

Wang Jingcong received the order and immediately left the conference room to draft a letter of official documents.

...

It is almost twelve o'clock now, and the stock market has entered a market closing time.

Lao Huang had an impulse in the morning and bought 900,000 Huashang International stocks. Now he looked at the 300 shares in his account and felt uneasy.

This is almost all your deposit. What kind of reward will this bet bring to you?

Lao Huang refreshed Huashang International's stock bar over and over again, hoping to see the latest news. Huashang International's board of directors is still in progress, and no important news has been leaked yet.

With a sigh, Lao Huang suppressed his impatience and got up to have lunch.

He returned to the office a little soon and prepared to take a look at the stock trend of Huashang International in the afternoon.

It is not yet open yet, and Lao Huang couldn't help but open the stock bar of Huashang International to see if there is any latest news.

After opening the stock bar, a top post suddenly appeared in his eyes.

"Instructions on the suspension of Huashang International Stocks"

Stopped! What's the big deal?

Lao Huang was immediately excited and quickly clicked on the post. After reading the explanation, Lao Huang let out a long sigh and felt at ease now!

Private placement of 5 billion! M&A TOP SHOP!

There are two big things. It seems that Huashang International has made a lot of moves this year. 5 billion is easy to understand, but Lao Huang doesn’t know what company THE  TOP   SHOP is.
Chapter completed!