I Can Make Money by Watching Videos

Chapter 491: The Confrontation at the Shareholders' Meeting

Tang Xiaochuan smiled, and beckoned to the middle-aged lawyer: "Lawyer Huang, take out the shareholding certificate and show it to Mr. Hu, Mr. Hu and all the shareholders!"

"Okay!" Lawyer Huang agreed, took out a document from his briefcase, opened it, and handed it to Hu Youtian.

Hu Youtian took it over and looked at it. The document must be genuine, it cannot be faked, but for the sake of caution, he still handed the document to his lawyer: "Lawyer Zhang, take a look!"

Lawyer Zhang took the document and read it quickly, then nodded to Hu Youtian, "It's true!"

There was no panic on Hu Youtian's face, he was very calm, but his heart broke out in a cold sweat, and he was almost turned over by Tang!

He returned the document to Tang Xiaochuan, and said with a smile: "Mr. Tang is really young and promising, good means! Today's interim shareholder meeting was proposed by Mr. Tang. I don't know Mr. Tang proposed to hold this interim shareholder meeting What would you like to discuss?"

Tang Xiaochuan said with a smile: "You must have received the written notice from the secretary of the board of directors. The topic I propose to hold this extraordinary shareholders' meeting today is to reorganize the board of directors!"

Hu Wei snorted coldly: "Mr. Tang, why do you want to reorganize the board of directors? Is there anything wrong with the members of the board of directors? If you can't come up with a reasonable reason, you can't just replace the directors. The term of each director is three years. If there is no major fault, it cannot be replaced casually!"

Tang Xiaochuan said with a smile: "In my opinion, inaction is a fault!"

"What's the point of doing nothing? Do you think that all of us directors are in the company all day long and get paid for nothing?" Hu Wei retorted fiercely.

Tang Xiaochuan said: "There are only a few domestic short video live broadcast platforms. Look at the current situation of Dafeng Company, the bottom of the bottom. Since the company was established, it has not introduced any good measures. Seize the opportunity and strive to develop. The number of users of the Dafeng short video live broadcast platform only accounts for 12% of the entire market. As far as I know, Mr. Hu put most of his energy on his original machinery manufacturing group, and did not spend much time and energy on Dafeng. This is the reason why Dafeng Company has been stagnant in business!"

"I believe that reorganizing the board of directors is responsible to the company, to every shareholder, and even to all employees of the company!"

Speaking of this, Tang Xiaochuan looked at the secretary of the board of directors: "I have some understanding of the articles of association of Dafeng Company. If I remember correctly, the articles of association of the company stipulate that under special circumstances or when the directors fail to perform their duties, the company can hold a temporary meeting of shareholders. The meeting reorganized the board of directors and dismissed incompetent directors! Now our biggest competitor, ANZ, is filing for bankruptcy, and is also facing being acquired by our other competitors. All data of ANZ is lost, and all users are now ownerless Isn’t this a special situation at this time? So I think it’s imperative to restructure the board and let the company make stronger decisions going forward!”

The secretary of the board of directors nodded: "Yes, there are indeed such provisions in the company's articles of association!"

As the chairman, Hu Youtian asked at this time: "Since Mr. Tang proposed to reorganize the board of directors, do you have any specific proposals?"

"Of course, I'm still prepared for this!" Tang Xiaochuan waved to Zou Dinghui as he spoke.

Zou Dinghui took out a proposal and gave it to the secretary. The secretary immediately took out a printout, and after a while, he printed out a dozen copies, and returned to the meeting room to give each shareholder a copy of the proposal.

When Hu Youtian took over the proposal to reorganize the board of directors, his face turned black immediately. Tang Xiaochuan actually took out in the proposal to remove all the identities of the five subordinate directors who were loyal to him, and the director who had informed him was also removed. Shi Defang, Tang Xiaochuan also recommended four new directors. These people have very good academic qualifications and work experience. If these four people become members of the new board of directors, plus the other three, Tang Xiaochuan can control seven directors, Hu Youtian With his son, plus the two shareholder directors Zhou Xiong and Jin Minzhi, Hu Youtian only has four people, and he lost the decision-making power on the board of directors.

"This Tang Xiaochuan is ruthless enough!" Hu Youtian cursed inwardly, the proposal belongs to the proposal, but only if it can be passed.

Hu Youtian threw the proposal on the table and said with a smile: "Mr. Tang's proposal is good. It's a good way to get rid of the fire, but since it is a shareholders' meeting, whether this proposal can be passed depends on whether all shareholders with voting rights agree or not." According to relevant regulations, more than half of the voting rights are required to approve the resolution at the shareholders' meeting! Just now Mr. Tang took out the 10% equity certificate, plus the 31% equity you purchased from the original shareholders, the total is 41% of the shares, I'm afraid it's not enough to pass this proposal!"

Tang Xiaochuan smiled, crossed his arms and asked: "It seems that Chairman Hu is against my proposal to restructure the board of directors. I wonder how much equity Mr. Hu can give to my proposal to fail?"

Seeing Tang Xiaochuan's smiling face, Hu Youtian couldn't help but wonder, is there anything wrong with this kid? No matter how much he thought about it, he couldn't understand how this kid could come back.

Hu Youtian said calmly: "I personally own 22% of the shares, and my family members together own 12% of the shares! Also, Lawyer Zhang, bring me the proof of shareholding!"

"Yes!"

Hu Youtian said: "I haven't been idle these days. I have bought back 5% of the shares from the stock market, so our family has 39% of the shares!"

Tang Xiaochuan's face changed, this old boy actually bought back 5% quietly? His face quickly returned to normal, "It's only 39%, not as much as my 41%!"

Hu Youtian said with a smile: "There are also Mr. Zhou and Mr. Jin. They have a total of 5% of the shares. Now our side has 44% of the voting rights, while Mr. Tang only has 41%, so this proposal cannot pass!"

The smile on Tang Xiaochuan's face disappeared, and he said in a deep voice, "We have to vote with a show of hands if it makes sense!"

"Hahaha..." Hu Wei laughed, and after laughing, he looked at Tang Xiaochuan with a cold face: "Mr. Tang, is this necessary?"

Tang Xiaochuan snorted coldly: "Of course, there must be a sense of ritual in life, and there must be a sense of ritual in work, otherwise, wouldn't it be very boring?"

Hu Youtian waved his hand: "Since Mr. Tang asked for a show of hands to vote, let's vote by show of hands. Those who agree with Mr. Tang's proposal will personally raise their hands!"

Tang Xiaochuan raised his hand, and among all the shareholders, he was the only one who raised his hand. Hu Wei laughed again, and Hu Youtian and several of his family members also smiled.

At this time, the shareholder Zhou Xiong timidly raised his hand slowly, and everyone's eyes were on Zhou Xiong.

"Zhou Xiong, you..." Hu Youtian was shocked and angry.

Unexpectedly, Jin Minzhi also raised his hand at this time, and Hu Wei was even more furious: "Jin Minzhi, Zhou Xiong, my father has treated you two well for so many years, why did you stab our family in the back?"

After doing this kind of thing, Zhou Xiong was embarrassed after all, and his eyes dodged, "Mr. Hu, thank you for your support these years. I started my business with you for more than 30 years. You have supported me and I have also helped You, whether it is the Machinery Manufacturing Group or Dafeng Company, have my heart and soul. I regard them as my children and my life's work, so I will not allow it to weaken. I think Mr. Tang is young and promising, with a unique vision. Spicy, if Dafeng Company is in his hands, I believe the company will grow stronger and surpass its peers!"

Hu Youtian was heartbroken. He looked at Zhou Xiong and didn't know what to say. It seems that Zhou Xiong did this because he thought that he was no longer suitable to run Dafeng Company, so he chose Tang Xiaochuan.

He looked at Jin Minzhi, "Old Jin, I admit what Lao Zhou said. I am a primary school graduate. I don't have much to ask questions. I don't know much about young people. , but what about you? Why are you doing this?"

Jin Minzhi's attitude was completely different. He got up and cursed: "Why do I do this, you old dog don't you know? You keep saying that I am a brother, and you keep saying that we share weal and woe. In fact, you and your family members are I treat you like a servant, like a dog. I, Lao Jin, have been working with you for more than 30 years. You have never regarded me as a brother. Even your son and daughter-in-law only regard me as a migrant worker. Let’s not talk about the machinery manufacturing company, let’s just talk about Dafeng Company, you father and son tried every means to reduce the shareholding ratio of me and Lao Zhou, and even added your daughter-in-law and wife as shareholders, I’m sorry!”

"No matter where I am, I, Lao Jin, can pat my chest and say, without the help of me, Lao Jin and Lao Zhou, do you want to operate the Machinery Manufacturing Company and Dafeng Company to this scale? Dream on you, and Lao Zhou and I will give you How many troubles have been blocked, do you know? How many troubles your youngest son and daughter have caused outside, which time was it not for me to settle them after running back and forth?"

Hu Youtian seemed dumbfounded by the scolding. He never knew that these two old brothers who started a business with him had so many things hidden in their hearts and had such big complaints.

After watching enough drama, Tang Xiaochuan coughed twice to draw everyone's attention, "Okay everyone, more than half of the voting rights agreed that my proposal was passed, Secretary Lu, did my proposal count as being passed at the shareholders' meeting?" ?”

Secretary Lu of the board of directors said: "Yes, according to regulations, as long as more than half of the voting rights are passed at the shareholders' meeting, the resolution must be implemented. This temporary shareholders' meeting decided to remove Jiang Hong, Li Ansheng and others from the board of directors... According to the recommendation of the major shareholder Mr. Tang Xiaochuan, Tang Xiaochuan, Peng Litao, Mi Xiaojun... and others entered the board of directors of Dafeng Company as directors!"

Tang Xiaochuan said: "Chairman Hu, Secretary Lu, I know that other directors are also working in the company at this time, and the directors I recommended have also arrived. Why don't we convene a board of directors to announce the establishment of a new board of directors and tell everyone Introduce a few new directors, besides, we are new to the board of directors and have some views on some developments of the company, and I want to discuss it with all the directors!"

Secretary Lu asked Hu Youtian: "Dong Hu, what do you think?"

Hu Youtian also knew at this time that the general situation was over, even if he didn't want to convene a board meeting, if he, the chairman, couldn't perform his duties, the vice chairman, supervisors and other directors could also preside over the board meeting, as long as there were more than half of the board members!

The new board of directors of Dafeng Company was established. Although Hu Youtian was still the chairman, Tang Xiaochuan did not propose to remove him from the position of chairman, but proposed to remove him from the positions of CEO and general manager. He recommended a well-known industry leader named Feng Zhengyi. Personnel served as CEO and General Manager.

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