“Recently, there are more people questioning me than before. The stock has made everyone lose money. I understand and am sorry for their complaints, but if you doubt my character, I must explain. If you are obviously malicious, don’t blame me for spraying you.”
On May 23, Healthcare Co.Ltd(603313) chairman Ni Zhanggen angrily attacked shareholders on the social platform, which once again attracted attention. Previously, the chairman of Qianshan pharmaceutical machinery, Topchoice Medical Co.Inc(600763) and other listed companies also triggered heated discussion because of the return of shareholders.
The chairman, who has always been deeply behind the scenes, often ends up “tearing open” with shareholders. Why? Experts pointed out that it is true and difficult for the chairman to face the shareholders directly, but as the shareholders of small and medium-sized investors are also shareholders, the chairman should be polite to shareholders. In the face of fierce words from a few investors, we should also communicate and respond rationally.
frequently “tear off”
This year, Healthcare Co.Ltd(603313) shares fell 35.99%. In this regard, a shareholder posted that the reason for the sharp decline in share prices was, “One small target is taken away from listed companies through Hengkang CNC every year, and five small targets are reduced in block trading. In fact, it doesn’t matter whether to reduce the original shares or not. I forgot to pledge several small targets. Anyway, the liabilities are all companies, so it’s a big deal to continue to issue additional shares (I said to issue additional shares last year, but later borrowed money and didn’t want to issue additional shares. Now the debt is more serious, I’d better issue additional shares) , I’ve worked very hard. The general environment can’t be changed. If it’s time to crash, I’ll crash. I don’t want to turn. “
Unexpectedly, Ni Zhanggen, who has been “diving”, directly replied, “how dark is your heart to have such an idea? Are you too self righteous to think that the supervision does not review related party transactions? Hengkang CNC” lent “people to Healthcare Co.Ltd(603313) in the most difficult time of Healthcare Co.Ltd(603313) epidemic (the visa can not be obtained) as ordinary employees to go to overseas factories for support. Only in your shameless eyes is everything a conspiracy.”
Not only Ni Zhanggen, but also LV Jianming, the former Topchoice Medical Co.Inc(600763) chairman, caused an uproar because of his anger against shareholders.
On October 14 and 15 last year, Topchoice Medical Co.Inc(600763) suddenly suffered two limit falls, known as “Yamao”. In particular, on October 14, Topchoice Medical Co.Inc(600763) fell rapidly after opening in the morning and fell to the limit at 10:32. On the same day, Topchoice Medical Co.Inc(600763) released three quarterly reports. The continuous sharp drop of share price has aroused the dissatisfaction of investors, and impulsive investors jokingly call Topchoice Medical Co.Inc(600763) as “toilet medical treatment”.
The user “jimmylui”, who is certified by the platform as Lu Jianming, chairman of Topchoice Medical Co.Inc(600763) board of directors, directly exchanged insults with shareholders, “It’s a shame for such people to buy our shares… Every time the report comes out, I will have one or two days to respond to the concerns of shareholders on the we media platform. First, I was born in Chinese and have the original ‘bad root’ of codewords. Second, I really can’t stand the stench from my mouth which stinks more than the toilet. I must pass it quickly!”
In fact, the thunderous words of the chairman of the board of directors when angry against shareholders have always been a hot topic. On May 17, 2019, at the annual shareholders’ meeting of Qianshan pharmaceutical machinery, facing the question of “whether the shareholders can get back the hard-earned money”, chairman Liu Xianghua unexpectedly put forward the “gambling theory” and responded: “you are here to gamble, and our stock just suits you.” Finally, due to false records in the company’s annual report and other related situations, Liu Xianghua, chairman of Qianshan pharmaceutical machinery, was banned from entering the market for life.
should communicate rationally
We have different opinions on the chairman’s frequent anger against shareholders.
Some shareholders believe that the anger of the chairman of a listed company against investors reflects the truth of the chairman. Now many replies are mere formality, and I prefer to hear the real voice. Other investors believe that most of the time, the company’s secretaries or securities agents communicate with small and medium-sized investors. It is a rare opportunity for the chairman to communicate in person.
There are also views that, although it is rare for the chairman to directly face the shareholders as small and medium-sized investors, the way of communication should be more gentle and rational, rather than in the way of anger and scolding.
“It is an EQ problem for the chairman of a listed company to oppose investors. As shareholders of small and medium-sized investors are also shareholders, the chairman should be polite to shareholders, and there is no need to care about right and wrong. Even if a few shareholders have fierce words, they should communicate and respond rationally.” Wang Jiyue, a senior investment banker, told the China Securities Journal.
Dong Dengxin, director of the Institute of Finance and securities of Wuhan University of science and technology, told the China Securities Journal that listed companies must learn to deal with investors. From the perspective of information disclosure, it is customary for the Board Secretary of a listed company or the relevant designated person in charge to answer the questions or inquiries of investors and make some necessary information supplement. “Without violating the principle of information disclosure, listed companies should have a relatively equal and friendly way of communication and communication with investors. As listed companies or major shareholders, we should learn to be grateful to investors, at least not deliberately irritate or hurt investors with words.”
The reporter found that after calming down, Ni Zhanggen posted another post the next day to explain the reason for the matter, which was understood by many investors. He said, “In the past year, due to well-known reasons, the stock price continued to fall, and my own cash flow was really tight. You have also seen the announcement of continuous additional pledge, which was caused by the demand for replenishment. Where did the money go? The buildings in Shanghai, the acquisition of overseas in vitro retail and the related replenishment of cash flow in the past year or so, about 600700 million. That is to say, in addition to these inputs related to the development layout of Healthcare Co.Ltd(603313) future, There are no other liabilities. “