Car-hailing Driver: Rewards from Complaints-Chapter 295 - 172: I Won’t Let You or Your Son Off! (Part 3)
So, everyone cooperatively raised their hands in approval.
But when it was time to vote on Kangsheng Investment, Yang Chen didn’t raise his hand.
All the shareholders looked at Yang Chen in shock, thinking this guy must not know his place, daring to oppose the issuance target decided by the major shareholder, the State-owned Assets Supervision and Administration Commission?
Opposing the very first proposal, was he trying to make a stand against the commission?
This was just too reckless, could he really do that?
Li Junhao didn’t expect Yang Chen would oppose Kangsheng Investment, but he immediately understood there must be a reason.
Li Junhao, with a smile, asked, "Mr. Yang, may I ask the reason for your opposition to Kangsheng Investment’s shareholding?"
Yang Chen said, "I think Eastern Airlines is a company with a positive image, representing the image of Dragon Country. Since the major shareholder is the State-owned Assets Supervision and Administration Commission, we should adhere all the more to principles of legality and propriety. Therefore, the investors we choose to involve should be companies and individuals with positive images and lawful actions. Do you all agree with me?"
All the shareholders nodded in agreement.
Li Junhao, still smiling, said, "Mr. Yang is absolutely right, so when we select the issuance targets, we undergo strict screening. Not all capital and individuals get the opportunity to become our issuance targets."
Yang Chen nodded, then recounted the incident where he helped Ju Yiyi when she was in trouble, how the paparazzi spread false rumors, and how Chen Kang sent people to Kangsheng Investment to threaten him, almost getting him beaten up.
The shareholders were dumbfounded after hearing this; if what Yang Chen said was true, then Chen Kang was involved in criminal activities, which our country is currently cracking down on.
Li Junhao frowned and asked, "Is everything Mr. Yang said true?"
"If there is a single false statement, I am willing to face legal consequences!" Yang Chen replied.
Li Junhao nodded and gestured for the Secretary to bring Xue Jun from the waiting room.
All representatives of issuance targets were present today, waiting in the rest area.
Once the issuance proposal was passed, they could come in and meet the shareholders.
Soon, Xue Jun arrived in the meeting room, greeting everyone cordially.
Li Junhao impatiently said, "Alright, President Xue, no need to be so courteous. I want to ask how much you know about your two partners? Are you aware of what they usually do?"
Xue Jun immediately became serious and said, "I know them fairly well. Chairman Li, what do you mean by this? If there’s an issue, feel free to say it directly."
Li Junhao said, "This is Mr. Yang Chen, our group’s new second-largest shareholder. He just mentioned that Chen Kang tricked a female celebrity into going to a bar under the pretense of filming and then drugged her. Mr. Yang happened to rescue the celebrity, and Chen Kang sent people to take him to Kangsheng Investment. Fortunately, Mr. Yang knows Chairman Qiu of Shield Security, so he avoided a beating. President Xue, don’t tell me you didn’t know about this."
Xue Jun was shocked; of course, he knew Chen Kang got beaten up, but he didn’t expect the one who did it to be the new second-largest shareholder of Eastern Airlines.
Chen Kang originally wanted Xue Jun to back him up for revenge.
Now, whether their company can participate in Eastern Airlines’ additional issuance completely depended on Yang Chen’s stance. Forget revenge; they couldn’t even secure their position!
Xue Jun quickly stepped forward to shake hands with Yang Chen and said, "Mr. Yang, I truly apologize for not properly restraining them, allowing them to offend you. When this is over, I’ll arrange a dinner to apologize to you and the other shareholders. What do you think?"
"I think it would be better for Mr. Xue to reapply after separating from the Chen Brothers," Yang Chen clearly replied.
If Yang Chen, with his 28% share, voted against, according to the law, Kangsheng Investment wouldn’t be allowed to participate in the issuance.
Yang Chen’s stance was adamantly clear, which made Li Junhao feel troubled.
"Mr. Yang, is there no room for negotiation on this matter?" Li Junhao asked.
Yang Chen shook his head and said, "There’s no room for negotiation whatsoever. Or, Chairman Li, if someone took you to an office one day, surrounded you with baseball bats, would you still have room for negotiation? I’ve invested so much money into Eastern Airlines Group; while I can overlook other issues, I can’t allow those who bully me to become important shareholders of the group. If they believe in the group’s future growth, they can buy stocks in the secondary market."
Li Junhao smiled and nodded, saying, "Alright! I understand. So, the matter of Kangsheng Investment’s participation in the issuance is not passed; we can discuss this later. President Xue, you may leave. Go back and properly reorganize your company; after all, we’re a state-owned organization, and we certainly emphasize the image and reputation of our shareholders. Okay?"
Xue Jun, wearing an awkward smile, nodded and then left angrily.
The second agenda item was to determine new board members.
Li Junhao, representing the major shareholder, proposed adding Yang Chen (second-largest shareholder), Chen Xu (fourth-largest shareholder representative), and Zhang Kang (sixth-largest shareholder representative) to the board.
Yang Chen had no objection to this, and neither did any other shareholders, passing with unanimous approval.
The third agenda item was the purchase of 50 aircrafts, deciding whether to buy from Boeing or Airbus.
The major shareholder recommended buying from Airbus.
This proposal carried strong political significance, and anyone in their right mind would know how to vote.
Unanimous approval.
The last agenda item was to establish 5 new flight routes; having bought aircrafts, not increasing routes would mean not fully utilizing them.
Unanimous approval.
After some other shareholders raised questions, the shareholder meeting concluded, followed by the board meeting.
The board meeting had only two purposes.
First, to welcome the new board members.
Second, to elect the vice chairman.
Li Junhao proposed Yang Chen as the vice chairman.
