dhibooks Chapter 60 Shareholders' Meeting
Chapter 60 Shareholders' Meeting
The people on the stage were eloquently expressing their ideas. The content of the business briefing was very clear. The images projected by the projector conveyed high-level information. The pros and cons of major investments over the past few years were combined to maximize The results are presented to the directors and executives present.
Qin Shu browsed through the briefing that everyone had in hand. It was written with a strong meaning of changing the chairman. With the help of the content of the slides, she learned that Yang Zhengyu's investment failed a few years ago because of the shutdown of the new nuclear power plant. , As a result, the land purchased in other cities became worthless in a blink of an eye. The area was remote, and almost all of it was farmland or abandoned land at a glance, and some weeds were already overgrown.
Yang Zhengyu obtained insider information through a related person. He saw that the construction of a nuclear power plant in this area was expected, and because of the government's plan, the local land was bullish again and again. At that time, the electronics industry was developed and the company needed to expand the factory. After he got the news, he bid for most of the land. Unexpectedly, in one or two years of policy swings, the nuclear power plant was forced to shut down, which dragged down the company's development. Because these lands are sparsely populated and the supply of electricity is limited, his wrong investment caused the company's operation to stop. If more investment is stuck in funds At that time, the stock price of the company that stopped the construction of nuclear power plants fell, and happened to encounter an economic downturn, forcing him to take out his shares and let foreign funds enter.
The slides on the projector gradually turned to the sudden emergence of the pharmaceutical policy, which changed the internal difficulties. In addition, pharmaceuticals accounted for [-]% of this year's profit. Qin Yunong took advantage of the situation to add a large amount of investment, hoping to use bank loans to over-invest to create another wave of peaks.
However, Chairman Shao Huanan did not accept it. He was optimistic about another investment project, and used the surplus funds in his hands to expand in electronics. Unexploded bombs, if the excess payment fails, will have a greater impact on the company than the land case back then.
For this case, the people from the Qin family quarreled with the people from the Shao family in the company. I don’t know how many meetings were held. He thought that Shao Huanan was short-sighted and short-sighted, lacked long-term vision, and was no longer suitable for the post of chairman. The investment case involved a lot and could not be decided by the chairman alone. Different opinions of the executive class had to be taken into consideration. , the most important thing is that with such a major investment, the board of directors should hold a meeting immediately to decide whether Shao Huanan should stay or not.
"Thank you for the participation of all shareholders and executives. In our opinion, Chairman Shao is not suitable for an important position and should be replaced immediately to avoid missing good investment opportunities in the future." A middle-aged man stood up through the microphone with a strong attitude, and held a meeting for a while There were whispers in the room, many executives were discussing the content of the briefing, the directors were all silent, and no one made a statement first. The man returned to his seat after finishing the report.
"Now we are in favor of the re-election of the chairman. Please start voting." The man presiding over the council mentioned the biggest issue of the council, and the directors began to take action. Qin Yunong was the first to raise his hand to vote for it.
Dong Dong holds 20% of the shares Qin Yunong, Director Chen 15%, Director Li 10%, Qin Shu 40%, Yang Cheng 5%, Director Shen 5%, and other scattered shares 5%. Director Shen did not participate in this meeting, and all Voting is decided by those present.
Although Shao Huanan's policy is conservative, it is still a good strategy. Modern electronics are developed, and the replacement rate of precision parts in foundries is extremely high. Although the profit of additional investment is not as amazing as that of pharmaceuticals, it can still bring stable profits to the company. Qin Shu and Yang Cheng voted against one after another, Qin Yunong and Director Chen voted in favor, so the shareholding ratio was 45 to 35, and Director Li became the key figure.
Li Dong said leisurely: "As for the issue of re-election of the chairman, I represent Fang and I will attend by myself today. Please wait for 10 minutes. He has already arrived at Tianfeng Enterprise and is coming to the meeting room."
As soon as this remark came out, there was an uproar in the audience. Qin Yunong didn't expect Li Dong to be the authorized party. He worked hard on Li Dong, and finally saw that he was a little loose and willing to change to support the Qin family. Now a real shareholder came out. People, he was stunned on the spot and couldn't recover. Qin Shu exchanged opinions with Yang Cheng, and Yang Cheng didn't know about this person. Qin Shu realized that Director Chen and Qin Yunong had a good relationship. Basically, their 35% shares were not enough. In order to shake the company's personnel, but this Director Li seems to be a neutral party. I heard Yang Cheng privately mentioned that Shao Huanan was able to become the chairman of the board because neither Director Li nor Director Shen participated in the re-election.
Soon, the door of the conference room was pushed open, and the people who came in were shocked. Qin Shu's eyes widened in disbelief, and Qin Yunong shot up and shouted angrily, "Good Shang Jun, Yang Zhengyu actually sold you the shares. The two of you really are working together.”
"Vice-President Qin's words can't help but belittle people. The business of my Shang family is obvious to all in the industry. The capital I paid for the shares of Qin's family is not lower than the market value. What do you mean by smearing me like this?" Shang Jun said calmly. Pianpian came, he walked to Li Dong's seat and took a seat, Li Dong stepped back and stood behind him.
"Does this still need to be re-elected? It's all your people, why don't you change it?" Qin Yunong couldn't calm down and dropped the report. The feeling of being capsized in the gutter was uncomfortable, and the flames in his eyes were strong enough to burn everyone present.
"If the vice president is interrupting the meeting, we can only ask the vice president to leave." The host was instructed by Chairman Shao and raised his voice to remind Qin Yunong to restrain himself.
"You..." Qin Yunong was forced to sit down, and simply ignored Shang Jun. The relationship between Shang Jun and Yang Zhengyu is well known, and he lost completely in this reelection. He thought he would have the opportunity to take advantage of the situation to bring down the Yang family, but he did not expect the other party The carbine back and forth took him by surprise.
"My vote is very important. I have opinions on this issue." Shang Jun replied with a smile calmly, speaking clearly, but his gaze stayed on Qin Yunong's face, "I don't think it's appropriate to re-elect the chairman at this stage. It’s better to wait for the next quarter’s profit report and then re-election of the chairman, which is more in line with the matter, and will not make the lower class change their faces and think it is an internal struggle within the company.”
"I don't know what Director Shang means..." Shao Huanan asked.
"It's very simple. The supervisors present must know that the main development of Tianfeng Enterprise has long been biased towards pharmaceuticals. In order to prepare for the development of equipment, you intend to put away the electronics industry internally and let Tianfeng completely go to pharmaceuticals. I think this is an opportunity. If Shao Huanan It can be proved that the operation of the electronics under the operation of Tianfeng is enough to bring more profits to Tianfeng. Then I think that although the chairman is re-elected, the direction of operation is also clearer, which is not enough for the next chairman to do major reforms. Every time a chairman is elected , will cause the stock price to fluctuate, instead of re-election now, it is better to let Chairman Shao make achievements, and then decide whether to stay or not. Of course, Vice President Qin’s proposal is very attractive, and this will also be taken into consideration.”
What Shang Jun said was reasonable, and the shareholders and executives accepted his opinions one by one. After thinking about it, Qin Shu and Yang Cheng agreed that the current reelection was too hasty, and they all agreed with Shang Jun’s opinion. It is the default result.
"Director Shang, you have a thorough understanding of our company's internal strategy. I don't know who you think can take over. Tianqin Electronics is a hot potato." Qin Yunong changed to a modest and educated expression, and his shrewd eyes seemed to see through him.
"I'm a director of the company, not a company executive, how could I interfere with your internal affairs." Shang Jun smiled back.
All of this was captured by Qin Shu. Shangjun was not as deep as the rumors outside, and he still had the slightest appearance of the second generation ancestor. He was clearly pretending to be a pig and eating a tiger, and kept everyone in the dark. I don't know if Yang Zhengyu knew it or not. Know.
Shao Huanan finally spoke, and the meeting fell silent, "Regarding this point, I intend to directly appoint Qin Shu as the general manager of Tianqin Electronics. The source of electronics originated from Qin Tian, and Qin Tian's eldest daughter will take over. Development is the best result. We will send first-class professionals to assist General Manager Qin to understand the electronics-related industries. The above decisions cannot be vetoed by you, and I will appoint them with the power of the chairman.”
This is even more astonishing than the reelection proposal. Qin Shu has no achievements in business. It is better to maintain the status quo than to let a young boy who just came out of society take over. However, Shao Huanan has spoken harshly, who dares to regret If you interfere with his decision, he will exercise his power to suspend this person. Qin Yunong stared coldly, his pupils dilated. Shao Huanan, you are digging your own grave. You can dig a hole and jump down without my help. Why don't he be a favor? To Qin Shu.
"Very good. Electronics is originally my eldest brother's foundation. Qin Shu is naturally able to take on this role. The business talent of my Qin family is obvious to all. I believe Qin Shu will make great achievements in Tianqin Electronics."
Qin Yunong's touting made it clear that he supported Shao Huanan's decision. Most of the other senior executives were optimistic about the show and did not want to get involved in the Shao Qin war, so they also agreed to this decision.
After the meeting, Qin Shu greeted the supervisor and shareholders one by one. Shao Huanan and Qin Yunong had other business affairs, so it was inconvenient to stay longer. Qin Shu pulled Yang Cheng to get rid of everyone for her, and she headed towards Shangjun's departure direction chase after.
"Director Shang, wait..."
"Outside the group, you can just call me Uncle Jun." As if he had guessed that Qin Shu would stop him, Shang Jun got off the Tianfeng Group's underground parking lot and did not leave immediately.
"I want to know if your appearance in Tianfeng contains personal grievances." Qin Shu boldly asked without any hesitation.
"In today's meeting, you should know clearly that I will play an important role in the company in the future. If you are satisfied with Shang Wanqing's matter, I will consider selling the equity to the Qin family."
"What if not?" Qin Shu's tone was full of hostility.
"Then I'm afraid Tianfeng Enterprise is no longer Qin Tian's world." Shang Jun gave her a shocking bomb, and there was no room for change as soon as the words fell.