A large stack of information was placed in front of Jin Qiming, and he was unhurriedly and slowly reading it. Suddenly, Jin Qiming fiercely placed his hand on a piece of information, and a faint smile suddenly appeared in his eyes. "Chu Tianhe, I'll accompany you today to have a good play!"
Thinking about it, Jin Qiming laughed sinisterly and dialed a number: "Big Brother, it's Little Ming …."
Two o'clock in the afternoon, on the thirty-second floor of the pyramid, the board meeting room was already filled with people. There were more than twenty directors, big and small. They had at most forty percent of the shares that controlled Pyramid Group, and at least one percent, and two percent of the shares.
In the very center of the conference room, was naturally Jin Qiming, the chairman of the Pyramid Group Board, Jin Qiming.
On Jin Qiming's left hand sat an elder who seemed to be a little older than him. He looked to be about sixty years old, and wore reading glasses. And on Jin Qiming's right sat a middle-aged man who was about the same age as Jin Qiming. There was a faint smile on his face.
However, Jin Qiming was smiling today as he looked at the middle aged man on the right, and said: "Since this temporary meeting is being initiated by Chu Dong, we should first listen to what Chu Dong has to say!"
Chu Tianhe hurriedly waved his hand, and the applause died down. Chu Tianhe said: "I am convening this temporary board of directors today, first, our Pyramid Group has gone from an unknown small company to the current top five hundred in the entire world, and everyone's hard work is obvious, especially regarding our President Jin Dong, the success of our Pyramid Group and the efforts of our Jin Dong s, we cannot be separated. "Of course, we have to confirm our results, but are we supposed to correct any mistakes as well?"
Jin Qiming smiled slightly and said: "If Chu Dong has something to say, just say it.
"Well, I'll be frank. Take the shopping center for example. Last year, our Pyramid Group occupied 15% of the market share, but this year, we only have 10%. As for the real estate sector, although the country's macro-control, our share is also declining at an unpredictable rate. "Why is this …"
Chu Tianhe swept a glance across all the directors, and said: "This is because our Pyramid Group's industrial chain is too wide, and the funds cannot keep up! "I have a proposal book, and I hope that you all can read it carefully!"
With that, Chu Tianhe waved his hand: "Send it down!"
After the secretary sent the documents out one by one, all the directors started to look at them without blinking, and Jin Qiming did the same. However, when Jin Qiming saw this document, he had already started to sneer, because the contents of this document were all beneficial to Chu Tianhe, not to his benefit.
Chu Tianhe smiled slightly and said: "There are many issues already written in this proposal. I also have some recent group projects here. Due to a shortage of funds, we have 32 vacant lots on the coast that have not been developed in time. Nowadays, the policy of the country is very unfavorable for us. If we leave the land vacant for three years, we will have to pay a portion of the tax a year. "Right now, these 32 pieces of land have already been vacant for over a year. Just the land tax alone, we have to pay 670 million and 670 million. What kind of figure is that?"
"The group's annual earnings are only so much, which is about a third of the annual earnings." Chu Tianhe said with excitement: "Fellow directors, I personally think that the current group structure is too complicated, and the businesses are too scattered. If this goes on, the future of the corporation will be in danger! "
As he said that, Chu Tianhe subconsciously glanced at Jin Qiming, who was still drinking tea calmly.
Chu Tianhe laughed coldly in his heart: Jin Qiming, just act smug.
Clearing his throat, Chu Tianhe continued, "Furthermore, due to the tightening in the Middle East and the debt crisis in Europe, the stock market has been declining rapidly. He had fallen from $30 to $27, and the interests of the people had been affected. The group's assets have shrunk by nearly 10 points! "
Jin Qiming finally spoke: "Then what about according to Chu Dong's wishes?"
"Jin Dong, my meaning is very simple. The group must be shortened, minus the long and complicated businesses. As I see it, the real estate market has already entered the winter. We want to buy all the vacant land in our hands, close down all the group real estate industry and get back our money! Furthermore, the restaurant industry must also be reformed. The negative profits of the food and beverages industry must all be closed! Within the corporation, staff from all major departments must be cut. Pyramid Group is not the welfare home, so those who have nothing to eat must not be raised! "
Jin Qiming glanced at the directors below and asked: "Fellow directors, what do you think?"
Everyone kept quiet. After all, cutting jobs and cutting the industrial chain were things that offended people. Not only did it cause the employees to panic, at the same time, all of these industrial chains were under Jin Qiming's control. To take back the industry funds was equivalent to taking Jin Qiming's funds back into the group and then distributing them among the group directors again. This was something that Jin Qiming would definitely not agree to.
The old man seated to the left of Jin Qiming coughed and stood up: "Chu Dong's opinion will have an effect on the group in the short term, but it is undoubtedly a form of drinking poison to quench thirst, and drinking water to quench one's thirst. These ten years, Pyramid Group focused on real estate, the amount of investment in the production industry added up was an astronomical figure. Now if we want to take back the real estate market, what about the group's previous investments? And the obvious consequence of a recapture is a loss of market share. This kind of foolish thing, how could it come from the Chu Dong! "
"Director Hong, don't be angry yet. Let's hear what the Chu Dong has to say." Jin Qiming laughed.
Chu Tianhe also looked at Hong Tianming, "Old Hong, about the situation of the group, do you have any solutions?"
Hong Tianming snorted: "The best thing we can do now is to wait. The group's interests are shrinking, but this is affected by the global economic downturn, and no one can control it. Hibernation is the best option at this sensitive time. If a factory encountered a depression in the global economy, they would suffer losses in terms of production and even if they stopped production, they would also suffer losses in terms of production. I think Ole King's way of doing things is right. Thirty-two pieces of land, in a place like Binhai where every inch of land is worth a lot of money, is capital. Once the market heats up, that's a big deal.
Chu Tianhe insisted: "But the policy of the nation cannot let us wait forever. We still have more than a year's time, and more than thirty pieces of land need to be built at the same time in a year's time.
Hong Tianming laughed coldly, "In theory, it should be a year. Chu Dong, you should be clear about the relationship between us and the government. This three year policy, to our Pyramid Group, is merely theoretical in nature. "
Chu Tianhe sneered: "I naturally know about Old Hong, but these lands have indeed become a burden. This is an indisputable fact! "
Seeing the two people argue, Jin Qiming smiled: "Alright, Chu Dong, then what do you have? It certainly won't work if you take the real estate back, even if you don't take into account the cost of investment. You need to consider the government's role as well. If our Pyramid Group real estate industry fails, then the first one who will not agree will be the Binhai government. Do you think they will agree to the hundreds of thousands who will lose their jobs? "
Chu Tianhe looked at Jin Qiming and sneered in his heart: Old fox, I knew that you wouldn't give up even one arm. Then don't blame me for being rude.
Chu Tianhe said. "Then we can only raise the funds and make sure that it becomes the funds and wealth as soon as possible!"
"Financing?" Jin Qiming squinted his eyes and laughed.
Chu Tianhe said: Yes, financing, I have everything in the business plan book. Inviting other enterprises to join Pyramid Group and get them to contract and develop these lands, we can use 50% of the proceeds or the rights to split the shares in Pyramid Group to exchange for them!
"Then how many shares does the Chu Dong intend to exchange for it?" Jin Qiming asked.
However, Hong Tianming could not sit still any longer and said, "Ole Gold, you can't agree to this!"
Chu Tianhe looked at Jin Qiming and said, "8% of the shares!"
Chu Tianhe's intentions were very clear. His plan to redeem the capital was just a bluff, but the real strength lay in his ability to raise funds and reallocate stocks. Once reallotted, it is an impact for all shareholders. Within the group, reallotment is the easiest way to take control of a voice.
Right now, Chu Tianhe wanted to find someone to invest in the group real estate, and then rearrange their shares to let these people have the chance to enter the market, thereby increasing his own share of the shares.
However, Jin Qiming had already seen through his thoughts and was prepared for it.
Chu Tianhe was currently staring at Jin Qiming, and at the current Jin Qiming who was the largest shareholder, so if he disagreed, adding Hong Tianming's previous attitude, this would definitely not happen.
However, if Jin Qiming was against it, then Jin Qiming would have to force himself to hold back. Furthermore, Chu Tianhe could use this as an opportunity to further negotiate with Jin Qiming. There are plenty of cards to play. The political card could use the pressure from the government to force Jin Qiming to develop it in the short term. As long as Jin Qiming did not agree to the pressure of the people, Chu Tianhe would definitely give him the reputation of not caring about the people's life and death love for power, and would then continue to suppress the price of the Pyramid Group and speed up the evaporation of the Pyramid Group's funds.
However, Jin Qiming's reaction surprised many people. He looked at Chu Tianhe and said: "Isn't 8% of the shares a bit too much?"
Chu Tianhe was also startled, he never thought that Jin Qiming would go soft at this time. He had thought that he would need to anger himself for this matter and agitate Jin Qiming a little. He never expected that Jin Qiming would actually have this kind of attitude. Chu Tianhe laughed coldly in his heart: It looks like the rumors are true. Jin Qiming is getting more and more cowardly as he aged. It seemed like there was hope for this matter!
Hong Tianming stood up and firmly objected, "Chu Dong, why must you reconfigure your shares? "We can exchange the land for funds. Even if we give them 50% of the profits, we will still be able to earn some money."
"Old Hong, don't you know that the government's policy now is not to raise money to build houses? We will use 8% of our shares to not only get them to pay, but we will also buy their entire group into the pyramid. When that happens, the pyramid's overall strength will improve a lot! " Chu Tianhe said with a smile.
However, Jin Qiming watched coldly from the side, and thought: Chu Tianhe's appetite is not small.
When Chu Tianhe said this, Jin Qiming understood. When Chu Tianhe pulled into a group, although he said that they were merging with the pyramid, it was actually under his control. Then, this group and Pyramid Group would definitely not have a tacit understanding, at most, they would just go their separate ways. But he was able to control the decisions made by the Pyramid Group, so this move was truly vicious.
But Jin Qiming remained calm and continued, "I still feel like this share of the shares is too much!"