The City’s Invincible Soldier King Chapter 542: Father and son Chen Gefeng step down
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The Hermes consortium, the top ten consortium in country M, has announced total assets of US$5 trillion. Even if the Yihao Group is at its peak, the Chen family will not reject Hermes’ goodwill , Not to mention the current Chen family?
There is dead silence in the conference room.
After reading the notification letter quickly, Chen Jiansong respectfully placed the notification letter in front of the old man.
"Chairman, what did the Hermes consortium say?" Just after Chen Jiefang finished reading the notification letter, a minority shareholder couldn't help but asked anxiously.
Chen Jiefang did not speak, and returned the notification letter to Chen Jiansong, who was sitting on his lower right hand. Chen Jiansong passed the notification letter to Chen Gefeng, who was in charge of him.
Chen Gefeng was equally ecstatic.
Soon, the notification letters were passed to the major shareholders one by one.
Anyone who has read the notification letter is happy.
According to the notification letter, the Hermes Consortium intends to develop comprehensive cooperation with Yihao Group to develop Yihao Group into a world-class retail oligarch.
"Tell us your opinion?" Chen Jiansong scanned everyone one by one, and said slowly.
"The Hermes consortium has great influence all over the world. I agree with the cooperation with the Hermes consortium." The director who sits at the bottom left of Chen Jiefang first said.
"I second." The second director from the lower left exclaimed, "Yihao's commercial operation capabilities and Hermes consortium's financial strength, as well as the strong combination of world influence, Yihao Group is entirely possible to surpass Woer Ma and Jialejia became the world's retail leader."
"I second."
"I also second."
Except for Chen Jiansong and Chen Gefeng, the remaining shareholders all agreed without hesitation to cooperate with the Hermes Consortium.
Chen Jiefang asked in an official tone, "President Chen, how about you?"
"Chairman, I also agree to cooperate with the Hermes consortium, but we must be in charge of the absolute controlling rights." Chen Jiansong said seriously.
"General Manager, what about you?"
Chen Gefeng said without hesitation, "I agree with the president's opinion."
Different positions, different opinions.
Yihao is the Yihao of the Chen family, so the Chen family still wants to have an absolute controlling stake and prevent Yihao from changing his surname.
The other shareholders together only occupy 32% of the shares. They are not qualified to control Yihao, and they don’t care about Yihao’s surname at all. All they care about is the richness that Yihao brings to the world’s top retail giant. Return.
The nature of businessmen's profit-seeking is immediately evident.
"I also talk about my views." Chen Jiefang glanced at everyone one by one, and said slowly, "I also agree with the cooperation with the Hermes consortium, but there is a premise, the Yihao shares under my name It cannot be less than 51%."
The Chen family accounts for 68% of the shares in total, which means that the Chen family can take up 17% of the shares in Yihao.
With the current market value of Yihao, 17% of the shares are worth only 54 billion Chinese yuan at most, and the Hermes Consortium has stated very clearly in the letter of notification that the cooperation funds they prepare At least 20 billion U.S. dollars.
This means that if the Chen family insists on doing this, their shares will be greatly reduced.
For a time, the faces of many small and medium shareholders became difficult to look at.
"What does the chairman mean, we have to collect all the remaining shares?" The first shareholder on the bottom left stared at Chen Jiefang and asked seriously.
"I have put out 25% of my personal shares to facilitate this cooperation. Should you also put out a corresponding proportion of shares? This request is not excessive, right?" Chen Jiefang said calmly.
"Chairman, I have something to say." As soon as Chen Jiefang's words fell, the last director at the bottom left couldn't help it.
Chen Jiefang nodded and said, "Nie Dong, please tell me."
"The reason is such a reason, but the matter is not such a thing." Nie Dong organized the language and said slowly, "The old chairman has 68% of the shares, and he will give out 17. There is still 51% of the shares left, but I only have 3.6% of the shares. If the shares are taken out in proportion to the old chairman, I will only have 100% left in my hands. 2.7 equity."
"Nie Dong has any better opinion, I might as well say it." Chen Jiefang remained calm.
"The group belongs to everyone, so everyone present should do their best, but everything should be done according to their ability. My opinion is that we, small and medium shareholders, each take up 8% of the shares under their names. The remaining shares will be filled by the chairman."
"Your names account for 32.8% of the shares in total, and you can take out 2.56% of the shares in total. With the current market value of Yihao, it is worth about 8.2 billion Chinese yuan. Right?" Chen Jiefang looked at Nie Dong and asked seriously.
"The chairman's mental arithmetic ability is as good as ever." Nie Dong smiled and sent a flattery that had no practical value.
"The Hermes consortium’s request is to invest 20 billion U.S. dollars. At the current exchange rate, the Hermes consortium will hold about 43%. If Nie Dong’s proposal is followed, then I will I have to take out 40.6% of the shares, and I only have 27.4% of the shares left."
Everyone fell silent.
After a while, the first shareholder in the lower left spoke again, "We will collectively support the old chairman to continue to serve as chairman, but for the positions of executive president and general manager, I suggest choosing another talent."
The expressions of Chen Jiansong and Chen Gefeng suddenly became difficult to look.
Chen Gefeng couldn’t help but asked in a cold voice, “It’s too chilling for Dong Liu to do this, right? Ever since President Chen took over Yihao, Yihao’s market value has been increasing rapidly. President, there is no Yihao today."
"Without President Chen, there would indeed be no Yihao today." Liu Dong said in a pun.
Chen Gefeng said angrily, "Liu Qingfeng, you must know how to be grateful as a man."
"In business, please don’t use morality to kidnap us." Liu Qingfeng said displeased, "President Chen has contributed a lot, but the mistakes he made are also extremely fatal. It only took three days. Just because of the collapse of Huating Yihao’s main building and the evaporation of the stock market, Yihao’s market value has shrunk by more than 80 billion."
"If the funds from the Hermes consortium are not introduced, the market value of Yihao will be further reduced. At that time, I am afraid that even the market value of 300 billion will not be able to hold."
"I agree with Dong Liu’s opinion that merit is merit and demerit. In order to commend President Chen’s deeds, Yihao will give the President a corresponding bonus every year. Therefore, if you make a mistake, you must receive the corresponding bonus. The punishment for this is an explanation to all shareholders and also to the employees of the group."
"Good point."
A female voice came out clearly, and then, the door of the meeting room was kicked open, and only 0.2% of the junior master of Yihao shares strode in and sat down carefree. Opposite Chen Jiefang, he sneered and said, "President Chen’s approach is outdated. If you don’t choose other talents, Yihao will be eliminated by the market."
"Dong Chou, please pay attention to your words." Chen Jiefang said displeased.
"Shit." The little uncle said disdainfully, "Others are afraid of you, old ghost, my old lady is not afraid, I will leave the words here today, the president and general manager must be replaced, otherwise, the old lady will join the sniper Yihao's lineup."
"Jay Chou wants to deceive people too much." Chen Jiefang said slightly angrily.
"My old mother bullied your Chen family for three generations, what's the matter?" Xiao Shishu said with a sneer, "The Chen family in its peak period is not the Hengtai Group, let alone the current Chen family."
Chen Jiefang threatened in a cold voice, "It's good to be a man and to stay on the sidelines. Who can guarantee that Hengtai will always be smooth sailing?"
"It doesn't matter, my old lady is tired of worrying about these broken things anyway. The big deal is to sell Hengtai and spend the next half of my life with hundreds of billions of funds."
"Does Jay Chou really want to kill him?" Chen Jiefang said angrily.
"Old ghost Chen, stop talking nonsense, my mother made it clear today that I am here to seek justice for my brother." The little uncle said in a cold voice, "Either depose their father and son, or Hengtai will use 80 billion to join the attack. The lineup, until it drags down Yihao."
"Isn't Jay Jay not joining the sniper lineup now?" Chen Jiefang asked coldly.
"Don't tell me, my old lady hasn't done anything yet. Yihao has fallen to the point where it is today. It can only be said that many unrighteous acts will kill themselves."
Chen Jiefang forced his anger and asked in a cold voice, "Really?"
The little uncle said disdainfully, "The Chen family has become such a bird, is it worth the old lady to lie and deceive?"
"I remember Jay Chou's threat." Chen Jiefang said coldly.
"Welcome to retaliate. No matter how the Chen family plays, the old lady will accompany you to the end." Little Shishu said tit-for-tat.
Chen Jiefang took a deep look at the little uncle, stood up slowly, and announced earnestly, "On behalf of Yihao’s board of directors, I announce that starting today, Chen Jiansong will be revoked as the CEO and Chen Gefeng as general manager. I will temporarily replace the president until I find a suitable candidate for the president."
The expressions of Chen Jiansong and Chen Gefeng turned pale instantly.
"Chairman, you can't do this." Chen Gefeng argued for reasons. "President Chen is indispensable. He can't just withdraw. If someone really wants to stand up and take responsibility, I will take care of everything. "
"This matter has been decided, no more talk about it." Chen Jiefang said sternly in a nonchalant tone.
Chen Gefeng sat down and leaned back in the chair.
The wall fell down and everyone pushed.
For their father and son, losing the positions of President and General Manager of Yihao is just the beginning.
The descendants of the Chen family who have long been coveting their father-son position will certainly not let this opportunity pass.