Chapter 688

Hearing Zhang Jianming's motion, Chen Xiao almost couldn't believe it.

"Mr. Chen, do you want to remove my position as chairman?"

Chen finished his novel with a smile: "Mr. Chen, do you think it's possible?"

"Why, it's impossible for me to propose?"

Chen Yu spread his hand: "as a director of the company, I have the right to put forward proposals."

"Who agrees and who opposes?"

Can't help but, Chen Yu suddenly came up with this sentence.

He felt like the opposite angle in the film.

However, when he said this, he felt really good.

He has some understanding of why the villains in many films are so arrogant.

No, they really want to be so arrogant.

It's the cool feeling brought by such arrogance, which can't be compared with others.

"Vice president Liu, you can vote now."

With that, Chen Yu looked at the vice president of Yongle household appliances, the voting host of this shareholders' meeting.

"I object."

There is no need for vice president Liu to start, Chen Xiao said first.

"We also oppose it."

The minority shareholder representative who followed Chen Xiao also objected at this time.

"I support it."

Chen Yu naturally raised his hand.

Subsequently, Chen Yu looked at Bain Capital.

Of course, at this time, like Chen Yu, Chen Xiaoyu is also watching Bain Capital.

"Sorry, Mr. Chen."

Seeing that Chen underestimated this side, John, the representative of Bain Capital, raised his right hand: "we Bain Capital support the proposal put forward by director Chen Yu."

"What?"

At this moment, Chen Xiao opened his eyes and couldn't believe it.

Of course, I can't believe it also includes the vice president presided over and some representatives of minority shareholders.

They thought for a long time, but they didn't expect such a situation.

Even at that time, they were surprised that Bain Capital opposed the acquisition by guomg. They just thought that Bain Capital might not be very optimistic about this acquisition. This is very normal. Acquisitions like this are related to the life and death of a company. If an operation is not good, it may end. Bain Capital abstained, which is conceivable.

However, at present, Bain Capital has changed from abstaining to openly opposing Chen Xiao.

"Mr. John, are you kidding?"

Chen Xiaozhi feels dreaming.

Or, he never dreamed that Bain Capital would want to remove him.

Before that, they cooperated well with Bain Capital, and wing music developed well.

As investors, Bain Capital is to make money. They can't remove Chen Xiao.

Moreover, Chen Xiao is also the founder of Yongle household appliances.

"Sorry, Mr. Chen, I think the prospect of e-commerce is very good, so I am optimistic about the cooperation with Mr. Chen Yu, President of Huanyu technology."

John said it directly.

By this time, there is no need to install mold and sample.

In fact, they abstained just now, which already represents their meaning of Bain Capital.

But he still has some illusions about Chen's novels.

Chen Xiao thinks that there may still be insufficient communication with Bain Capital. After the shareholders' meeting, he can find another way to communicate with them. But now, Chen Xiao has no chance. This shareholders' meeting represented that he was kicked out.

"President Chen, I underestimated you."

Looking at John, then Chen Xiao turned his eyes to Chen Yu.

He finally understood.

In fact, Chen Yu has already arranged this shareholders' meeting.

Even if Chen Xiao doesn't hold this shareholders' meeting, Chen Yu may take the initiative.

It's just that time may not be now.

"OK, you're great. I'm convinced of my loss."

Throwing away the documents in his hand, Chen Xiaolian left the shareholders' meeting with an iron face.

"Well, let's vote on the third motion. I propose that Mr. Chen Yu serve as the chairman of the board of directors of Yongle Home appliances and Mr. Zhang Jianming serve as the CEO of Yongle Home appliances. Of course, this is a temporary position. In the future, we will select an excellent professional manager."

As a director of the company, Chen Yu submitted the third proposal.

It is also very normal to propose to serve as the chairman of the board of directors.

In fact, a lot of companies do.

After all, it's a commercial company. There's nothing to avoid suspicion. Everything has to strive for its own interests.

Although Chen Xiao had left at this time, it didn't matter.

The general meeting of shareholders has never been unable to be held without anyone.

In fact, not all shareholders are required to attend the shareholders' meeting.

Unless Chen Xiao controls more than 50% of the shares, but judging from the current equity of Yongle, Chen Xiao's presence or absence has no impact at all.

After the motion was put forward, Chen Yu was the first to raise his hand.

Then, Bain Capital Representative John also raised his hand.

As for the remaining minority shareholders, Chen Yu ignored them.

Whether they raise their hands or not, the shares of Chen Yu and Bain Capital have exceeded 50%.

In other words, the two sides have actually completely controlled Yongle appliances.

"Mr. John, do you have any motion on your side?"

When the third motion was passed, Chen Yu asked John.

John shook his head.

Then, Chen Yu asked the remaining minority shareholder representatives symbolically: "how many are you here?"

"The shareholders' meeting respects the rights of all shareholders, and you can also submit proposals to the shareholders' meeting."

Of course, it's all bullshit.

Several representatives of minority shareholders did not speak and left the shareholders' meeting.

They know.

Although they have the power to submit a motion, the motion will definitely be opposed by Chen Yu.

Mention it or not, the result is the same.

……

"Mr. Chen, is the shareholders' meeting over?"

Sitting outside, Huang Guangyu drank tea leisurely.

He knew that the acquisition would take some time.

At the same time, the shareholders' meeting is expected to have a double quarrel.

But he didn't expect that only an hour later, Chen Xiao came out.

But think about it.

From the perspective of equity allocation, even if Chen Yu has 30% shares, he can't say anything.

"It's over."

Chen Xiao's face was a little bad and said awkwardly.

He has always felt a little absent-minded since he walked out of the shareholders' meeting office.

That's ironic.

As the founder of the company, he was driven out by other shareholders.

Ridiculous.

At that time, when he saw that Apple's board of directors drove Steve jobs out, he still scolded Steve Jobs for being stupid. As the founder of the company, he couldn't hold his own company and was driven out by others? Now, I'm no better than jobs.

And he looks worse than jobs.

At least jobs has now returned to the helm of apple.

But his singing, it is estimated that he will never go back.

"Great. We'll celebrate later in the evening."

Huang Guangyu was overjoyed.

The acquisition was smoother than expected, and Huang Guangyu admired his price increase in his heart.

Had it not been for their decisive premium of 20%, I think this acquisition could not have been so fast.

Just seeing that Chen Xiao seemed to have a wrong face, he asked, "President Chen, what else?"

"No."

Chen Xiao shook his head: "Mr. Huang, there is no need to celebrate. This shareholders' meeting did not pass the M & a proposal."

"Ah?"

Huang Guangyu asked, "Bain Capital opposes it?"

"They didn't object. They abstained."

"These shameless people."

Huang Guangyu scolded.

Although the heart is very unhappy, but the acquisition of such things has always been a good thing.

Even if you don't succeed today, you still have a chance next time.

After thinking about it, Huang Guangyu comforted Chen Xiao: "Mr. Chen, it's all right. These capital are open to money. In this way, in the evening, we invite Bain Capital to have dinner, and we'll talk about the details of M & A in detail."

Huang Guangyu believes that the reason Bain Capital disagrees may be that they are not very satisfied with the equity distribution.

As long as Guomei distributes enough profits to Bain Capital, the acquisition can continue.

It's no big deal. It's just another shareholders' meeting next time.

"I don't think it's necessary."

Chen Xiao waved his hand and refused.

"Why?"

"I also want to know why."

Chen Xiao was helpless: "Mr. Huang, perhaps you don't know, this shareholders' meeting not only failed to pass the M & A with your company, but also lost my position as chairman and general manager of Yongle electric appliance."

"No."

Huang Guangyu was stunned.

In his mind, he fainted and said how the good acquisition became like this.

But Huang Guangyu was not an ordinary person. Although he was extremely shocked, he soon calmed down.

Accustomed to countless equity battles, he naturally understood that Chen Xiao was defeated in the equity battle of Yongle electric appliance this time.

On the face of it, Chen Xiao lost the seat of Yongle's shareholders' meeting and general manager, and their M & A will end.

But secretly, it's not without benefits.

Their acquisition of Yongle itself is to expand the market.

However, because Yongle electric appliance has good strength and ordinary competition, they have no way to take Yongle, so they have acquired it.

But even Chen Xiao, the founder of Yongle, was kicked out.

It doesn't look like a bad thing.

At least, without Chen Xiao's music singing appliances, it should be much easier to deal with.

Thinking of this, Huang Guangyu suddenly moved in his heart and said to Chen's novel, "President Chen, are you interested in coming to our country?"

"Mr. Huang, who are you?"

"I have always appreciated Mr. Chen's experience in home appliances. China magnesium is short of CEO like Mr. Chen. If Mr. Chen is willing to come to China magnesium, you will decide all the affairs of China Magnesium in the future. What do you think?"

Of course, Huang Guangyu will give Chen Xiao the position of CEO, and Huang Guangyu will be the chairman himself.

In this way, it not only gives its own sincerity, but also controls the country.

He's not stupid enough to take no precautions against Chen Xiao.

Of course, the most important thing is that he wants to use Chen Xiao to deal with the headless chanting music.

"Mr. Huang, you don't have to comfort me."

Chen Xiao was also extremely surprised at Huang Guangyu's invitation.

"Mr. Chen, what I said is not polite, but also for the sake of our country. I think you are Mr. Chen who knows Yongle best. If everything goes well, maybe Mr. Chen can take charge of Yongle again."