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Chapter 1223 Too Difficult

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From the performance of United Ultra-Vacuum Railway Pipeline Railway Company after its listing, we know that United Ultra-Vacuum Railway Pipeline Railway Company has indeed gained the favor of a large number of investors. They do not really want to wait for United Ultra-Vacuum Railway Pipeline Railway Company to make profits. After all, this

It will take more than ten years, or even decades, to say the least. What they really hope is that the stock of United Ultra-Vacuum Railroad Pipeline Railway Company can continue to grow, so that they can cash out at the right time.

It's a pity that such a beautiful fantasy only lasted less than a day, because on that night, when the American people were sleeping, China's ultra-high-speed railway development company was featured on the famous news at 7 o'clock every night

programme.

Under the introduction of the host's passionate voice, he told everyone the shocking news of the start of construction of my country's first ultra-high-speed vacuum maglev pipeline, and also played the video of the opening ceremony.

A large shovel tied with a red ribbon was held by three men at the same time, shoveling the first shovel of soil on the construction site. One of them was our boss Huang.

Although foreigners may not necessarily know the meaning behind this news, Wall Street, which is extremely sensitive to all kinds of business intelligence, is very aware of this.

The news appeared on this news program, and at the same time, three big figures raised a shovel together. This means that China's high-speed vacuum maglev pipeline has really started construction, and it is not fake news to scare people.

Of course, this does not mean that this pipeline will definitely be built. In fact, most people still do not believe that such a sci-fi pipeline can be built with China’s technology, but at least China has really started to work on it and put the drawings into practice.

The above plan has been put into reality and started to be implemented.

On the other hand, what about the United States' own United Ultra-Vacuum Railway Pipeline Railway Company?

Well, most Americans are also unaware of the situation, but Wall Street knows it clearly. That is, although the United Ultra-Vacuum Railway Pipeline Railway Company has obtained a huge amount of more than 2 trillion U.S. dollars, in fact, this

The route plan for the first phase of the pipeline has not yet been finalized.

Although the entire project is led by Goldman Sachs Group, and the relevant technology is also provided by Goldman Sachs Group, such a project is obviously not something that Goldman Sachs Group can take on by itself. Other collaborators must be brought in to steadily integrate the entire project.

The railway project was swallowed up.

Therefore, Goldman Sachs Group found companies affiliated with two other large consortiums as important partners from the beginning, and gave up part of its shares in exchange for their support. However, Goldman Sachs still had absolute control of the entire company.

But after the company started its road show, more and more investment institutions and the forces behind it became interested in this pipeline railway. They vigorously waved their money to join the project, and it was difficult for Goldman Sachs to refuse.

If a project only involves a certain region, then Goldman Sachs can indeed refuse it forcefully. But if the project covers the entire United States, it will be difficult for the project to continue unless the interests of almost everyone are addressed and everyone reaches a consensus.

.

So in fact, almost all the time before the listing, the entire company had completed almost no professional work and was arguing over how to form the board of directors.

In order to take care of the interests of everyone, Goldman Sachs had to compromise the board of directors system and not determine voting rights based on the number of shares in the company, because in this way, as long as it acquires a large number of shares in the market, it can control the company.

Therefore, Goldman Sachs chooses to determine the company's control based on board seats. Under Goldman Sachs's setup, the entire board of directors has 223 seats, which is comparable to the number of people in a state's parliament. Each director has a

right to vote.

Goldman Sachs directly arranged 90 board seats for itself, which everyone can accept. After all, the technology and projects belong to Goldman Sachs. If Goldman Sachs shared it with everyone, no one would have anything to say.

But for the remaining seats, other investors started a fierce fight and competition. After all, the number of seats on the board of directors determines the voice of one's board of directors, and also determines how much benefit one can get.

So just how to allocate positions on the board of directors, these guys argued for more than half a year before finally reaching a consensus and barely completing the arrangement of the company's board of directors before going public.

To be fair, if it weren't for the outrageous fact that a company's personnel structure was not completed when it went public, which would greatly affect the investment desires and expectations of ordinary investors, I'm afraid these people would continue to quarrel over trivial interests.

However, although the issue of board seat allocation has been resolved, it does not mean that the company can start work normally, because the most important thing in the entire railway construction, that is, the line itself has not yet been decided.

Therefore, the United Ultra-Vacuum Railway Pipeline Company has produced a drawing of the entire track, but everyone who knows it knows that it is impossible to realize a nearly straight line on that drawing, because it is not in the interests of most people at all.

, this is just a means to attract investors to invest.

In fact, the newly formed board of directors is currently arguing over the specific planning of the line.

Professor Parkinson's method of making money is not very sophisticated, and all the guys on Wall Street are smart people, so everyone realizes that the only way is to let the planning of this railway fall on the territory they control and pay expensive expenses to themselves.

Demolition costs are the most profitable business, and it is also a good way to divide the US$2 trillion in a reasonable and legal way.

Therefore, they are extremely anxious about how to divide this line. All members of the board of directors want to let the railway pass through their own land as much as possible, so even if the first phase of the railway planning has proposed a full 36 versions of the plan, it will

More than 60% of the planning staff resigned directly, and the plan was still not finalized.

The result is good now. Our own line has not been finalized, but China has actually announced that it will break ground and start construction directly.

As a result, United Ultra-Vacuum Railway Pipeline Company, which had been listed for only one day, actually started to fall when the market opened on the second day. Within an hour, it fell to a market value of more than 200 billion US dollars.

There is no way, who makes the United Ultra-Vacuum Railway Pipeline Company have many shareholders who are Wall Street institutions?

So everyone on Wall Street knows what a chaotic company United Ultra-Vacuum Rail Pipe Company is, but the technology held by United Ultra-Vacuum Rail Pipe Company is real, and they do have plans to build the entire pipeline.

It is just a matter of sharing more investors' money during the construction of pipelines. This is normal and there is no problem. United Ultra-Vacuum Railway Pipeline Company itself is still a company with great investment potential.

Therefore, major Wall Street institutions have purchased a lot of shares in United Ultra-Vacuum Railway Pipeline Company, which together account for about 30% of the total shares.

But it is precisely because of this that these guys who have invested in the United Ultra-Vacuum Railway Pipeline Company and are on the board of directors naturally know how chaotic the entire board of directors is now. They suddenly discovered that with the speed and efficiency of the Chinese people, it seemed that

It is not impossible to build the first pipeline that can be opened to traffic before the United Ultra-Vacuum Railway Pipeline Company.

If that's the case, then the stock price of United Ultra-Vacuum Railway Pipeline Company will plummet, and we must run away early!

Therefore, some companies took advantage of the good opportunity of the stock price rising on the first day and directly dumped part of their funds and left. This caused the United Ultra-Vacuum Railway Pipeline Company to plummet on the second day.

This situation immediately caused chaos in the entire stock market, so many investors who felt that it was unstable ran away one after another. A few hours later, the stock price of United Ultra-Vacuum Railway Pipeline Company plummeted by more than 100 billion US dollars.

This situation immediately shocked Professor Parkinson. After all, if the company plummeted too much on the second day, it might really cause a chain reaction, causing the market's expectations for the company to plummet, which would lead to the collapse of the entire company.

It is difficult for valuations to return to the current level of US$2 trillion.

You must know that in Professor Parkinson's original plan, the United Ultra-Vacuum Railway Pipeline Company will still have to conduct several rounds of additional issuances in the future, and each increase will bring huge financial gains to itself, and at the same time, this capital will also serve as a pipeline

As for the source of construction funds, it is impossible to expect Goldman Sachs to invest in building the pipeline. It would be nice to use investors' money.

But now the stock price has begun to fall, and Professor Parkinson will never allow this to happen.

In desperation, Professor Parkinson could only use part of Goldman Sachs' funds to buy stocks in the market, dragging down the stock price of United Ultra-Vacuum Railway Pipeline Company. Afterwards, he issued an emergency announcement stating that the company had also completed its first operation.

Planning work for the first phase of the line is expected to begin in a few months.

At the same time, the company also pointed out in the announcement that some of its friends, even though the technology is immature, are forcing the launch, just to compete for the reputation of being the first to start construction, etc. If you have the ability, you can really be the first to open to traffic!

Such a combination of punches was able to barely stabilize the stock price of the United Ultra-Vacuum Railway Pipeline Company. Unfortunately, this did not help bridge the differences in the board of directors. Everyone was still arguing over the division of lines, which made Parkinson

The professor also had a headache.

The actual situation is not to mention that construction will start in a few months. Even whether the division of the first line can be decided in a few months is a huge problem.
Chapter completed!
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