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Chapter 57 General Meeting of Shareholders
The screen freezes and the video playback ends.
The meeting room was extremely quiet for a while, until Shao Hedong asked, "What do you mean that the equity is not transferable and pledged?"
"This is a means of protection." Lawyer Zhong explained, "Mr. Shao's deposit of his shares in an overseas trust is equivalent to an insurance for these shares. Even if some members of the Shao family have personal reasons, such as tight money, etc.Even if you want to sell the shares in your own hands, it is impossible. This will ensure that the shares will always be in the hands of the Shao family."
"Then if I have obtained the equity, but the second condition is triggered," Shao Hedong said with a cold glance at Song Qiming, "do I still have to transfer the equity in my hand?"
"I just said that this part of the equity is stored in the trust and will not really go to you. You only have the right to dividends and voting rights. So if the second condition is triggered, this part of the power will belong to Mr. Song Qiming, there is no transfer of equity.”
Hearing this, Lin Yushu couldn't help sighing again, in order to keep his family's foundation, Shao Zhenbang really took great pains.
These shares seem to be allocated to the children, but the children cannot be transferred to others, so that the Shao family's family business will never fall into the hands of outsiders.
"The specific clauses are all written in the paper version of the will, and I will send it to your mailbox later." Lawyer Zhong continued, "But the most important points are in the video just now. If there is still something you don't understand, welcome to ask me questions."
The members of the Shao family present looked at me, I looked at you, and looked at Lin Yushu who was sitting by the wall from time to time.
It seemed that they didn't want to ask questions about the will, but wanted to know Lin Yushu's attitude.
"Let's go?" Song Qiming asked in a low voice.
"Yes." Lin Yushu nodded slightly.
There is no need to stay here any longer, he will only be chased and intercepted by members of the Shao family.
The two stood up and were about to leave. Sure enough, a senior couldn't help asking: "Xiao Song, will you buy the fast tram?"
Someone else asked, "Where's Mr. Xiaolin? Your family shouldn't want to be acquired, right?"
Neither of them answered, and people started talking.
"Why should all the equity be given to him? Isn't this partiality?"
"If he can really acquire Swift, it means he does have something."
"A quick acquisition is definitely a good thing for Eternal Star, maybe the stock price will skyrocket."
"But Song Qiming isn't the biggest beneficiary? Let's share the leftovers."
"..."
Eternal Star Building underground car park.
After closing the door of the Civic, the world finally became clear.
Lin Yushu put down the back of the driver's seat, pulled away from the tense atmosphere just now, and continued to digest the content of Shao Zhenbang's will.
Song Qiming's phone rang non-stop, with calls from his mother and calls from Shao Hexu. Other than that, he hung up all of them, and finally turned off the phone.
"What do you think?" He put away his phone, looked at Lin Yushu and asked.
Lin Yushu straightened the back of the chair slightly, raised his head, and met Song Qiming's gaze: "I should ask you this."
"He's forcing me." Song Qiming let out a sigh of relief, "Either I buy Swift, or I get out and go back to Germany."
After finishing speaking, he added: "It's useless to use my s-power."
"Yes, he's pushing me too." Lin Yushu slumped back on the seat again, staring at the roof of the car and said, "Either I help you, or we break up."
Ginger is still old and spicy.
In retrospect, Lin Yushu was even a little scared, because he offended Shao Zhenbang by dismissing Shao Guangjie from his position as CEO. If the old man still had energy, he might attack their company.
Even so, he returned with revenge.
Song Qiming and Lin Yushu were forced to be in a dilemma, with their personal interests on the one hand and their feelings on the other.
"I don't like this." Song Qiming frowned, "Being forced to do things."
"I don't like it either." Lin Yushu paused, but he was the first to express his thoughts, "So I won't help you."
Song Qiming looked ahead, his brain seemed to be running fast.
Lin Yushu was afraid that Song Qiming would misunderstand, and explained: "Xunjie is a listed company, not my brother's property, let alone mine."
"I know." Song Qiming said, "And you don't want to change your surname quickly."
Entrepreneurs in the world can be roughly divided into two types.
The first is to make the enterprise bigger and stronger, and to carry forward the family;
The second is to sell the company at the right time, collect money and leave.
Most people initially hope to become the first kind of entrepreneur, but in today's capital market, it is wise to choose the second way.
Because developing a business by yourself requires taking many risks. If you are not careful, you may capsize in the gutter and lose your fortune in the end.
Conversely, if the business is sold at the right time, the founder can retire early and still live a prosperous life relying on financial income.
For example, no matter how well Song Qiming's s-power develops, it will be difficult to become a group like Volkswagen.
Therefore, being acquired by Eternal Star is a good place for s-power.
As for Song Qiming not retiring early, but continuing to work, that is his personal choice.
but
The situation with S-power does not apply to the Swift tram.
Now that Xunjie Tram has become bigger and stronger, Lin Yize also has the potential to become the first type of entrepreneur. How could it be so easily acquired by Eternal Star?
"So what are your plans now?" Lin Yushu asked Song Qiming.
"Headache." Song Qiming rubbed the broken hair on the back of his head carelessly, "Just now Shao Hexu said on the phone that if I choose to acquire Swift, he will withdraw the concerted action agreement."
"He doesn't want you to buy it." Lin Yushu said.
Thinking about it, if Song Qiming took away all the shares, Shao Hexu would only get some real estate and funds, etc., of course he was not happy.
"He did this to block my retreat." Song Qiming said, "The acquisition process is very long, and no one can guarantee success. If he doesn't withdraw the agreement, even if the acquisition fails, I can still fight with Shao Hedong to see who gets it.There are a lot of shares. But once he withdraws, I can only accept my fate if the acquisition is not successful."
"Well, he's warning you not to try blindly."
Lin Yushu's train of thought gradually became clear. The road to acquisition is not only difficult, but also offends many people, and even causes a crisis in the relationship between the two.
Therefore, to be on the safe side, it is better to fight for equity shares at this stage.
"He also said," Song Qiming added, "Shao Hedong has decided to hold a shareholders' meeting to completely reshuffle the company."
Lin Yushu was not surprised by this.only
"Does Shao Hedong own more than 50% of the shares?" he asked.
When he announced the will just now, he made a rough estimate, more than 40% must have it.
"I'm not sure." Song Qiming said, "Even if not, the shareholder meeting will notify you 15 days in advance. Except during the Spring Festival, he still has one week to go to the secondary market to buy back shares."
"We can also..." Lin Yushu's voice gradually trailed off because they had no money.
He did have some savings, but the shares he used to acquire Eternal Star were a drop in the bucket.
As for Song Qiming, let alone, he owed billions of dollars in foreign debts, and the shares in his hand could not be moved at all.
"Wait," Lin Yushu suddenly thought of something, looked at Song Qiming and asked, "How many shares of Eternal Star did you buy at the bottom?"
Lin Yushu seems to be a hard worker. He has been busy for a whole year, and now he is about to resign, and he didn't have a good rest during the Chinese New Year.
It's not a New Year greeting to a friend in the bank, or a dinner for the boss of an investment company.
Although he is a good social player, he is also exhausted from socializing for several days in a row.
In the blink of an eye, it was the seventh day of the lunar new year, which was Shao Zhenbang's first seventh day.
After the simple ceremony, Song Qiming sent his parents to the airport. When he returned home, it was past noon, but Lin Yushu was still lying on the bed.
"Aren't you hungry?" Song Qiming opened the curtains, and the dark bedroom instantly brightened.
Wo Wo rested his front paws on the side of the bed, silently urging Lin Yushu to get up quickly.
"Have your parents boarded the plane yet?" Lin Yushu stretched out his hand from under the quilt, while rubbing Wo Wo's dog's head, while trying to find something to say, delaying the time to get up.
"Come on, I've brought some food back, so get up quickly."
"Well... don't want to."
Lin Yushu retracted his hands under the quilt again, turned over and turned his back to Song Qiming.
"Then don't eat lunch." Song Qiming knelt on the bed with one leg, pulled off the tightly wrapped quilt, leaned down and kissed Lin Yushu's lips.
His wake-up call has always worked so well that a caterpillar hiding under the covers unsurprisingly protested.
"Are you still human, Song Qiming?" Lin Yushu avoided Song Qiming's kiss in dissatisfaction, "Who is it because of me being so tired?"
"Thank you, dear wife." Song Qiming stepped back, pinched Lin Yushu's cheek, with a fondness in his eyes, "I brought you your favorite steamed pork ribs, get up and wash up."
Well... the temptation of steamed pork ribs is indeed great.
After washing up, Lin Yushu lazily sat down at the dining table and took the chopsticks from Song Qiming.
"Have you found shareholders who are willing to stand on your side?" He asked, gnawing on his ribs.
"No." Song Qiming said, "I found out that, except for Shao Hexu, all the relatives who hold shares are on Shao Hedong's side."
"I can't help it." Lin Yushu shrugged, "Whoever asked your grandfather to put you on the opposite side of all relatives, Shao Hexu is willing to help you is already good."
"He can only help me." Song Qiming said, "Otherwise his vice chairman will definitely be removed."
The appointment and removal of directors only requires a voting ratio of more than 50%.
The original appointment and dismissal of the CEO was also like this, but because of Shao Guangjie's incident, Shao Zhenbang revised it to 2/3.
However, the rules for the appointment and removal of directors have not been revised, which gave Shao Hedong an opportunity.
He already has more than 40% of the shares in his hands, so he only needs to buy back some shares in the secondary market, and then he will be able to dominate the Eternal Star Group.
"I've been asking around for the past few days," Lin Yushu said, "The shares held by Shao Hedong and your relative's shares are calculated to be between 46% and 47%."
After a pause, he continued: "Your mother's, including Shao Hexu's and Fangtian Real Estate's shares, is 45.8% in total, which is less than theirs."
"It doesn't matter if it's less." Song Qiming put a piece of pork ribs into Lin Yushu's bowl, "It's only important when it reaches 50%."
"Indeed." Lin Yushu gnawed on the ribs and nodded.
At this time, Lin Yushu's cell phone vibrated suddenly, and it was Lin Yize calling.
He wiped his mouth with a tissue and pressed the answer button: "Brother?"
"Are you still busy?" Lin Yize asked, "We all came back from Hainan."
Lin Yize's family went to Hainan for fun in the first day of junior high school. According to the original plan, Lin Yushu should have just returned from Germany at this time.
"Did you have fun?" he asked.
"It's okay, how are things going on your side?"
"Now we're waiting for the shareholders' meeting on the fifteenth day of the first lunar month," Lin Yushu said. "Both of us are fighting for as many shares as possible."
"Do you want me to help?" Lin Yize's proposal surprised Lin Yushu, "Xunjie has a spare fund that can be used to acquire shares in Eternal Star."
"No, please don't." Lin Yushu quickly dissuaded, "Do you know how much Eternal Star's stock price will skyrocket after the new year is over?"
Now, including foreign investment institutions, they all know that Eternal Star is fighting internally, but if they have brains, they will flock to buy up the shares of Eternal Star.
Because no matter how high the stock price is driven up, Shao Hedong and Song Qiming will pay for it in order to seize power.
"Then do you have sufficient funds?" Lin Yize asked again, "Are you sure you can beat Shao Hedong?"
"No." Lin Yushu couldn't help being a little surprised, "When did you become so enthusiastic?"
This equity war is clearly a waste of money, so why does Lin Yize want to join in the fun?
Besides, it's fine if you help him, this is Song Qiming's housework, why is his brother so warm-hearted?
"I just want to help." Lin Yize said flickeringly, "Since you don't need it, forget it. If you have any difficulties, please feel free to contact me."
Lin Yushu looked at the hung up phone with a puzzled face, only to hear Song Qiming ask, "What did your brother say?"
"He wants to help us with quick money."
"So good?" Song Qiming was also a little surprised, "Since uncle is so warm-hearted——"
Having said that, he put on a serious expression: "You might as well let him sell me Quick and Cheap."
Lin Yushu couldn't help turning over Byakugan: "Get out."
The fifteenth day of the first lunar month is the Lantern Festival.
Early in the morning, Lin Yushu's mobile phone received many greetings from the Lantern Festival, but most of them were concerned about today's shareholders' meeting.
These concerns are mixed with pure friendship, such as Zhan Ting, Lu Zibo and others, all wish him success.
However, most of them are colleagues in the capital market, and they all want to get first-hand information.
During the period from the first year of the new year to the fifteenth day of the first lunar month, Lin Yushu and Song Qiming tried to win over relatives and investment institutions who held shares, but they were unsuccessful.
No one is willing to help Song Qiming because of his position.
As for investment institutions, rather than supporting Song Qiming, they are more willing to sell their stocks to Shao Hedong at a high price.
Therefore, a week later, Shao Hedong's shareholding ratio continued to increase, while Song Qiming's side remained unchanged.
Eternal Star Building executive office floor, medium-sized conference room.
The last time Lin Yushu came to this meeting room was when Shao Guangjie was dismissed from the board of directors.
But this time when the shareholders meeting was held, Shao Hedong no longer asked him to preside over it, and directly regarded him as a transparent person.
"The first general meeting of shareholders in 20XX is now officially held, and this meeting is here..."
After the chairman's secretary finished reading these clichés, Shao Hedong answered the conversation unhurriedly: "As you all know, the theme of this meeting is to remove a few directors. These directors made mistakes in the past meeting.The decision made will hinder the long-term development of the company. They are: Shao Hexu, Fang Lan,..."
The so-called wrong decision was nothing more than dismissing Shao Guangjie.
Shao Hedong was planning to step down all those who opposed him, but the faces of Shao Hexu and Fang Lan present were quite ugly.
"Now vote on this proposal." Shao Hedong raised his right hand while speaking, "I agree to remove the shareholders of the above-mentioned people, please raise your hand."
On both sides of the oval conference table, several people raised their hands.
Lin Yushu saw the outside directors who had supported the dismissal of Shao Guangjie. It seemed that Shao Hedong had worked hard during this period.
But then, just as Lin Yushu expected, Shao Hedong said again: "Since the shareholding ratio of those who agree is less than 50%, this proposal has not been passed for the time being."
really.
Lin Yushu and Song Qiming glanced at each other, showing that they were still calm.
"What do you mean by failing 'temporarily'?" Shao Hexu said dissatisfiedly, "If you fail, you fail. Do you want to delay until the next time?"
"What's wrong?" Shao Hedong said on the ground, "This time, the preparation time was too short, and we failed to buy back enough shares. Next time, it may not be so."
"You—" Shao Hexu's cursing words had come to his lips, but at this moment, Song Qiming interrupted the two of them.
He said to Shao Hedong: "Don't think about it, you can't get more than 50% of the shares."
"Who are you looking down on?" Seeing Song Qiming's speech, Shao Guangjie followed suit, "This time it's because some of the funds are still in transit. If there is a little more time, you still have a place to talk here?"
Lin Yushu chuckled, causing Shao Guangjie to look over with unfriendly eyes.
Fang Lan, an outsider, also seemed to find it funny, and said, "You guys are in a hurry to hold a shareholders' meeting, right?"
Shao Hedong must also want to shuffle the cards earlier, so as to prevent Song Qiming from acquiring Swift, but he didn't pay attention to miscalculating the time when the funds will be in place.
But even if he did not miscalculate, as Song Qiming said, he would not be able to get more than 50% of the shares.
"Since the last proposal was not approved," Song Qiming said, "then let me make another proposal."
Shao Hedong should have realized that something was wrong, and frowned: "What suggestion?"
"Remove chairman Shao Hedong."
As soon as Song Qiming said those words, there was an uproar.
"You want to dismiss me?" Shao Hedong looked absurd, "Then who will be the chairman? Shao Hexu? Does he know cars?"
"No, I." Song Qiming said concisely.
There was no sound in the meeting room for a moment, but it was Shao Guangjie who burst out laughing first.
Several other shareholders should also find it ridiculous, as if they heard some joke, they laughed sarcastically, but didn't take it to heart.
"Where do you have the confidence to depose my father?" Shao Guangjie said with a smile, "We have calculated the share in your hand, at most it is 46%?"
"You don't have to count, I'll tell you directly." Song Qiming took out the agreement he had prepared long ago and handed it to the secretary of the chairman, "My mother's shares, plus the shares of my second uncle and Fangtian Real Estate, total 45.8%."
"Then?" Shao Guangjie asked.
Song Qiming handed another piece of paper to the chairman's secretary and said, "This is my proof of shareholding. In October last year, I acquired 4.75% of Eternal Star's shares."
As soon as this number came out, the faces of Shao Hedong's people changed on the spot.
More than 5% of the shares have to be announced. In order to hide his shareholder identity, Song Qiming bought less than 5% of the shares just right, and successfully deceived Shao Zhenbang.
If Shao Zhenbang knew that his grandson had started planning before returning to China, and even owed billions of dollars in debt to prepare for a rainy day, his will would definitely not be like this, and it should be more biased towards Shao Hedong.
But he has no chance to amend the will.
Before leaving, he left a problem for his grandson.
As everyone knows, his grandson had been preparing for it as early as last year.
Although both Lin Yushu and Song Qiming breathed a sigh of relief when these figures were calculated, they still fought for it in many ways just in case, but they didn't win the many.
"Shao Dong, this..."
The chairman's secretary also looked at a loss, and Shao Guangjie stepped forward and grabbed the shareholding certificate: "How is it possible?!"
"See clearly?" Song Qiming leisurely stood up and tugged at the hem of his clothes.
Shao Hedong, who was sitting at the head of the conference table, suddenly felt short of breath. He held his chest and said to Song Qiming: "Your temporary proposal is against the rules..."
"Does it matter if it's temporary or not? Anyway, I hold more than 50% of the shares in my hand, and the next meeting will be the same."
"Song Qiming!" Shao Guangjie crumpled up the proof of shareholding and threw it straight at Song Qiming, but Song Qiming just turned his head and avoided it.
"It's fine if you mess with me, but you still mess with my dad?! Don't fuck too much!"
"Xiaojie, pay attention to the next occasion." Shao Hexu originally had an attitude of watching the excitement, but when he saw that the scene was getting out of control, he said, "Victory and defeat are common matters in military affairs, don't make it so ugly. Your father still wants to do somethingAnd me, did you see what I said?"
In fact, Shao Hexu was about to curse just now, but was interrupted by Song Qiming.
But he was an elder after all, so Shao Guangjie didn't dare to say anything to him, so he could only restrain his temper and sat back down.
At the same time, Song Qiming walked up to Shao Hedong.
"Uncle," he said politely, "I am the chairman of the Eternal Star Group now."