Chapter 204: Chapter 204 Shareholders’ Meeting
“If it’s not your fault, then whose is it? Me running to reconcile with Xu Yang was why I decided to celebrate early with the girls. I couldn’t reach you on the phone, and when I couldn’t borrow money, I was forced to pawn my watch. You didn’t succeed in getting back together with Xu Yang, and I couldn’t get any money from him. That’s why I had to sell the car to retrieve the watch, which led to such an incident.”
Liu Yujuan was adamant, feeling no guilt at all—it was all Zhao Yulu’s fault.
“You are being utterly unreasonable!” Zhao Yulu exclaimed in anger.
“What’s unreasonable about that? I am stating the facts. Forget it; I didn’t mean to blame you anyway,” Liu Yujuan gestured dismissively, continuing her meal.
The infuriating conversation took Zhao Yulu’s appetite away.
This was her own mother.
And yet, the blame was somehow on her.
“When the police catch the crooks, we can get the watch back, and everything will be fine,” Liu Yujuan said.
“You’re still hoping the police will catch the crook? Dream on,” Zhao Yulu scoffed.
“What do you mean?” Liu Yujuan asked.
“There’s no surveillance in that area, and the criminals were wearing masks. With such circumstances, it’s very difficult to catch anyone. I’ve read lots of reports like this; ninety percent of these cases end up unresolved,” Zhao Yulu explained.
“What! Unresolved cases!” Liu Yujuan’s expression turned ugly.
That meant there was no way to recover the watch.
“It’s your own fault for buying such an expensive watch for no reason. You could have bought an apartment with that money, even putting down half as a deposit would have been better!” Zhao Yulu vented with frustration.
“I was thinking that once you and Xu Yang got back together, he would help me buy a villa. Who knew it would turn out like this,” Liu Yujuan said.
“It’s because you’re always assuming things that you’ve ended up in this situation,” Zhao Yulu said angrily.
“Why are you blaming me again? If anyone, blame Xu Yang!” Liu Yujuan retorted unhappily.
Zhao Yulu glanced at Liu Yujuan and was too tired to continue the argument.
“Anyway, you should contact Xu Yang again, meet with him. It’s probably as I said; Xu Yang just wants to take revenge. Once he’s done, he’ll get back together with you,” Liu Yujuan suggested.
“Drop this matter, or I’ll fall out with you!” Zhao Yulu said coldly.
“Alright, alright, I won’t bring it up again,” Liu Yujuan stated, but she planned to mention it again later.
In any case, she wouldn’t give up.
Not unless Xu Yang and Zhao Yuxin had a wedding and children.
After eating, the two went home.
…
Wednesday.
Hui’an Pharmaceutical held a shareholders’ meeting, with all shareholders in attendance.
This was Xu Yang’s first time at such a meeting, and he wasn’t familiar with the other shareholders, except for Ye Kaifeng.
After getting to know the other shareholders a bit, the meeting began.
“Our gastric cancer drug has now entered Phase III clinical trials, and based on the results of the first two phases, there shouldn’t be a problem with the third. Once the Phase III trials are passed, we will launch the product on the market.”
“To ensure smooth development of the company and unobstructed sales of the drug, I’ve decided to bring in major capital.”
“This time, we are releasing ten percent of the shares to raise ten billion yuan.”
“All shareholders should contribute their shares in proportion to their stakes.”
“I hold fifty percent of the shares, and will release five percent. Does anyone have any objections?”
Ye Kaifeng, as the chairman and general manager, spoke first.
“No.”
“Without major capital, we indeed cannot open up the market. Those predators will tear our company apart.”
“No objections. I believe that as soon as we need to raise funds, many big investors will be willing to invest,”
“There is no need to worry about that, as everyone knows our company’s gastric cancer drug will bring in countless profits,”
“I only hold five percent of the shares, so I’ll offer up point five percent,”
Everyone had no objections.
They all understood the importance of bringing in big capital.
Without big capital, the company could also be swallowed up by big capital.
Lacking strength, they couldn’t protect their wealth in the face of harsh competition.
Being willing to make money with others was the only way to safeguard their own wealth.
Seeing that Xu Yang remained silent and didn’t take a stand, Ye Kaifeng asked, “President Xu, do you have any other thoughts?”
All eyes turned to Xu Yang.
Everyone held Xu Yang in high esteem.
To be honest, Xu Yang was the most powerful of all present.
Even Ye Kaifeng was not as powerful as Xu Yang.
Bear in mind, Xu Yang was now worth tens of billions.
In the coming years, with the Jiang Bottom Trawling business, he would become a multi-billionaire.
Moreover, Xu Yang was on brotherly terms with Wang Xiaocong.
That was the nation’s top young master, the son of the richest man, Wang.
Being brothers with Wang Xiaocong essentially meant having connections with the richest man, Wang.
Such terrifying connections were something they couldn’t even come close to, even if they tried.
Therefore, when Xu Yang arrived, everyone was very enthusiastic towards him.
Now seeing Xu Yang not speaking, everyone was curious to know if he really had other ideas.
Xu Yang glanced at everyone and nodded, “I do have a thought or two.”
“Speak,” said Ye Kaifeng.
“Let me first ask, the choice of which big capital to bring in requires collective discussion and decision, right?” Xu Yang asked.
“Yes, the choice of which big capital to bring in requires collective discussion and decision,” Ye Kaifeng nodded in agreement.
“I hold twenty-five percent of the shares, which means I should offer up two point five percent. I am willing to offer up an additional two point five percent, totaling five percent. As for the remaining five percent, you all can divide according to the respective proportions. I want the decision-making power to bring in big capital, meaning I will decide which capital to bring in. As for the ten percent of the shares, I will decide how much to give to which company. What do you think?” Xu Yang said.
Upon hearing this, everyone was at first stunned, then their eyes lit up.
With Xu Yang offering an additional two point five percent of the shares, they would have to give up less.
Now, even a point one percent of Hui An Pharmaceuticals’ shares was extremely valuable.
Xu Yang’s willingness to do this meant they could make even more money.
The condition was merely granting Xu Yang the power to decide which capital to bring in, and the investment ratio for that capital.
These matters were not of much concern to them.
They believed that the capital Xu Yang brought in would definitely be substantial.
Everyone also knew that Xu Yang desired this allocation power to make connections.
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That was fine, as long as it didn’t negatively impact the company’s interests or their own.
“President Xu, I agree,”
“I also agree, that way we can give up fewer shares,”
“President Xu, it seems you have big ambitions, beyond what I can match, but I support you,”
One after another, they expressed their stance, with no objections.