Reborn Xiangjiang Tycoon Growth
Chapter 1303 Retaliation Action 14
Several other shareholders are also very angry about Zheng Yutong's actions. Although the Zheng family is the major shareholder, you can't even say hello. Isn't it too disrespectful to them? The Zheng family is the founding shareholder, but
It involves tens of billions of funds being mortgaged, but he actually made the decision himself, and said nothing afterwards; he didn't even show basic respect, which is really a bit excessive.
Zheng Jiachun knew that he could not let his father take action at this time; as the eldest son in the family, it was time to take responsibility. So he said directly: "First of all, I don't know where you got the news. At least HSBC and the Bao family didn't announce it, and the Zheng family even more
Nothing was said; the legality needs to be investigated. Secondly, even if the matter is true, it was before Heiyun Group and Hutchison Whampoa became board members, and it has nothing to do with them."
"And the Zheng family has absolute control and management rights over New World Real Estate Company. No matter what decision is made, it is no big deal. As long as it is beneficial to the development of the company, no one has the right to interfere."
Hearing their son's answer, Zheng Yutong and his wife were very pleased. It seems that this boy has finally grown up and knows how to take responsibility. And he has made great progress in recent times. It seems that he should be given more burdens in the future.
Zheng Yutong and his wife are 60 years old and have reached the retirement age according to the law. However, the company is owned by the family, so as long as they can still move, they can do it at any time.
Now that the eldest son has matured, we really need to give more opportunities to the younger ones; he always occupies power and refuses to let go, and the son has no room to develop.
Huo Jianning said with a smile: "Director Zheng seems not that familiar with the laws and regulations of listed companies. Any listed company that makes major decisions should make an announcement to the market as soon as possible. Although our two companies are mortgaged by the Zheng family for exhibitions,
The board of directors came after the Center and the Xiangjiang Island Center land."
"But that's because the Zheng family has concealed major events. If we knew that the core assets had been mortgaged to the bank and were not used for the company's own development, then we would never hold shares in New World Real Estate Company."
"And even if we have no right to intervene, with so many directors present, could it be that the Zheng family treats everyone as fools? Although New World Real Estate Company was founded by the Zheng family, it does not fully belong to the Zheng family now. Even if the Zheng family holds 99% of the shares
%, still can’t be said to completely belong to the Zheng family.”
Just when Zheng Jiachung wanted to refute, a director did not give him a chance and said directly: "Chairman Zheng, I invested in New World Real Estate because I believe in your character. If you can prove your innocence, then everyone can make peace and make money. Even if
No matter how powerful Bao Zixuan is, he can't interfere with New World Real Estate's affairs."
"But if the Zheng family really wants to use New World assets as collateral to help other companies tide over difficulties, then they must give everyone an explanation."
"Although the Zheng family is the founding family and controlling shareholder of New World Real Estate, the company does not entirely belong to the Zheng family now. Although we have small shares, we still have interests in New World Real Estate. In addition, unlike Chairman Zheng, whose family has a big business, New World Real Estate
If something goes wrong with World Real Estate, no one will be in trouble."
The speaker's surname is Lin, and he belongs to the Lin family of a wealthy and prominent family in Xiangjiang; but he is not a direct descendant. However, no super family in Xiangjiang dares to underestimate the Lin family. The Lin family is very united, and there are many rich people.
Even if you agree, you still need to seek other people's opinions when making decisions. But this time the incident happened suddenly, and it was for your own personal gain, so you didn't inform them. I thought that in the worst case, I would just sell the land of the Convention and Exhibition Center and Xiangjiang Island Center.
For Baojia and HSBC, there are always more difficulties than solutions.
Now that the Heiyun Department is keeping an eye on it, and even the Lin family has come forward, things will be very difficult to handle.
Zheng Yutong: "Director Lin, regarding the Convention and Exhibition Heavy Industry and the central land of Xiangjiang Island, we have indeed made a mortgage. Because the incident happened suddenly, I haven't had time to explain the situation to everyone. But it is not entirely for the other properties of the Zheng family. I, Zheng Yutong, am not that shameless.
"
"The purpose of mortgaging the Convention and Exhibition Center and the central land of Xiangjiang Island is indeed to help the rare earth mineral company repay the maturing bonds. But at the same time, we are not benefiting at all; in the future, the land surrounding the rare earth minerals in Nanyue will belong to New World Real Estate Development. Xiangjiang's
Development has encountered bottlenecks. But China has a vast market, so the two companies are helping each other; if you don't show sincerity, who will give you the business directly."
I didn't expect that Shark Dantong would be so shameless, and talk about the matter of left hand and right hand so confidently; all the directors sitting here were also drunk.
There is no good way to do it, so I have to bite the bullet and keep talking, and I may not even be able to convince myself.
Yuan Tianfan said with a smile: "What Chairman Zheng said is really high-sounding, but what is the rare earth mineral industry in southern Guangdong now? I don't think you don't know. The company's past investment direction in mainland China may be right, but why should we help the rare earth mineral company clean up the mess?
.”
"We cannot lose the interests of shareholders just because it is also the property of the Zheng family. Moreover, doing so would violate the listed company law. There is nothing to say, it is best to keep things official. If we discover it now, we can reduce the loss to as low as
Minimum. Otherwise, when the loan expires, the Zheng family will not be able to get the money; how can we let all shareholders bear this loss?"
At this time, another shareholder also echoed: "What Director Yuan said is still very reasonable. Now that we have discovered it in time, we will admit it even if we lose some money. But after the loan expires, not only the Convention and Exhibition Center and the Xiangjiang Island Center land will be taken away
, maybe each of us will have to spend money to fill the company's loopholes."
"Chairman Zheng cannot implicate the company because of his personal affairs and let everyone bear the losses together."
Hearing what the two directors said, the Zheng family knew that these people had already sided with Hei Yun. But think about it, after all, things have been going wrong for the Zheng family recently. And Bao Zixuan is so powerful, who doesn't want to hug him?
Hit the thigh.
Zheng Jiachun didn't want to swallow this breath. If it weren't for the Zheng family, these directors would be able to live today. It can be said that everything they have is given by the Zheng family. Now that their wings have become stronger and there are more powerful backers, they dare to openly question the old man.
Dad's decision is absolutely intolerable.
Zheng Jiachun: "Dear directors, don't forget; without the Zheng family, would New World Real Estate Company be as big as it is today? From its establishment to now, New World Real Estate has grown and grown every day for more than ten years. All of this is
It’s because of Chairman Zheng Yutong’s foresight, conscientiousness and hard work.”
"It is true that the Zheng family has mortgaged the central land of Xiangjiang Island and the Convention and Exhibition Center, but so what. Can't you see the past friendship and the fact that you have made so much money before, and you are so arrogant!"
"Looking back at what you have done to New World Real Estate; apart from annual dividends and fixed salaries, it seems that nothing has been done. It can be said that the Zheng family has supported you for so many years. When Bao Zixuan of Heiyun Group took over New World Real Estate, it was originally
You have bad intentions; can’t you even see this!”
"If the Zheng family is in power, you can still keep your shares; but if Heiyun takes over, then you may have nothing left. I don't want to say more, you can think about it for yourself."
Zheng Jiachun's words made many people a little disgusted. After all, the company's development was entirely attributed to the same person Zheng Yu, as if they were being raised in vain, which no one could stand. But then again, Hei Yun took over the new
World, can they really benefit?
Huo Jianning did not give the other directors a chance to think, and directly replied: "Director Zheng, it is not about who supports whom. As for Heiyun Group taking over, it is even more nonsense. After all, we are just a shareholder of the company. We will buy some if the stock price is low.
That’s all; I’ve never thought about company management rights.”
"The top priority is to find out why Chairman Zheng mortgaged the Convention and Exhibition Center and the core land of Xiangjiang Island without telling the shareholders, and the loan proceeds were not used for the development of New World Real Estate Company."
"A businessman who only thinks about the interests of himself and his family is simply not suitable to be the chairman of a listed company. So what I mean is that Zheng Sheng must resign as chairman of New World Real Estate Company and Director Lin will take over."
"Although the Zheng family is the largest shareholder of the company, the board of directors has the right to remove the chairman of the board of directors if he commits a major fault or seriously damages the interests of the company."
"At the same time, an investigation team should be set up to conduct a comprehensive investigation of this loan mortgage. Find out what's wrong with it. After all, this is related to the core interests of all shareholders and the majority of shareholders."
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