Wolf of Xiangjiang

Chapter 68 [The dust has settled]

The next day, Yiren Real Estate's share price rose sharply, rising to about HK$2.

Just when Huang Qisong and his son were feeling proud, Taifu Development announced through the media that it had held 43.5% of the equity of Yiren Real Estate and became the largest shareholder of Yiren Real Estate.

The news reached the ears of Huang and his son, and they were immediately shocked. Unexpectedly, he was killing everyone in the front, and was directly taken to his lair in the back.

"Pah! Lin Zhengjie is so ambitious!" Huang Qisong suddenly slapped the table in the office and roared angrily.

"Father, we are not afraid of Lin Zhengjie. He only holds 43.5% of the shares. As long as we unite with a few uncles and uncles, we can still control the board of directors." Huang Chuangming said quickly.

Huang holds only 36% of the shares. If he obtains the support of other important shareholders, he will be able to tie with Lin Zhengjie. In this way, with many years of experience, Yiren Real Estate can be guarded.

Huang Qisong also quickly calmed down and quickly called several directors, but they were all dealt with hesitantly.

This suddenly made Huang Qisong feel bad. He remembered that he used to scold these directors in the boardroom and was used to being overbearing. Could it be that those directors were now seeking revenge?

As everyone knows, those directors are more concerned about Huang Qisong's incompetent management. At the same time, they are also envious of several other directors in Tai'an Development who can make a lot of money with Lin Zhengjie. That's why they switched to Ge Lin Zhengjie's side.

Just when Huang Qisong and his son were despairing, Chen Weizhong knocked on the door again and came in.

"Chairman, Taifu Development requires us to convene the board of directors immediately and hold a new election!"

Huang Qisong slammed the table again and said angrily: "Don't even think about it!"

Chen Weizhong reminded: "Chairman, Lin Sheng is the executive director, and the proposal to unite multiple directors cannot be vetoed!"

If Lin Zhengjie was only the major shareholder, he would not have the right to convene a board of directors or shareholders' meeting immediately, but Lin Zhengjie is the executive director, and now he has contacted the support of many directors. So even if Huang Qisong is the chairman, he cannot be bigger than the board of directors.

Of course, even if Lin Zhengjie does not get the support of several directors, he can still wait until the shareholders' meeting early next year to seize power. After all, he is the major shareholder, so he still has advantages, he just needs to wait.

Huang Qisong immediately looked at Chen Weizhong and said, "Weizhong, are you falling for the man named Lin?"

Chen Weizhong said: "Chairman, Yiren Real Estate is a listed company, so I listen to the board of directors."

It goes without saying that there is a choice!

Huang Qisong suddenly lost his composure and said: "Well, well, you Chen Weizhong, you are considered a talent I have trained. I didn't expect you to betray me today!"

Chen Weizhong said with shame: "Chairman, the situation has been decided. I know it is useless to say more. However, what I want to say is that before Lin Sheng came, the situation of Yiren Real Estate was known. Even you yourself had thoughts. I thought about selling my equity. And I also considered resigning to you at that time."

Huang Qisong was stunned. Of course he had thought about selling the company at first, but as Yiren Real Estate's future grew bigger and bigger, he was naturally reluctant to part with it.

On the other side, Huang Chuangming immediately cursed: "Chen Weizhong, you are indeed a traitor!"

Huang Qisong finally remained calm and said, "Chuangming, forget it!"

Now that the matter has come to this, what more can be said!

In the evening, Lin Zhengjie and several shareholders of Tai'an Development were having a party.

During the dinner, Li Guoxing said happily: "Zhengjie, you are now the major shareholder of a listed company, and maybe you will become the chairman of a listed company soon! Gee, it seems that there are no chairman of listed companies in their twenties in Hong Kong yet. ?”

Everyone congratulated happily.

Lin Zhengjie said modestly: "The outcome of the matter has not been determined yet, not to mention that Yiren Real Estate is only a small listed company and not worth mentioning."

Li Guoxing smiled and said: "It's not too small. The share price of Yiren Real Estate has increased by 2 Hong Kong dollars, and the market value has exceeded 1.7 million Hong Kong dollars. It is already a medium-sized listed company."

After all, the market value of the large real estate company Hang Lung is less than HK$6 million!

Only Lin Zhengjie understood that Yiren Real Estate was just the result of speculation. The main reason was that he had absorbed a lot of stocks, resulting in very few stocks outside. Once there is any disturbance, it is easy to cause the stock price to skyrocket.

After joking for a while, Lin Zhengjie said seriously: "Huang Qisong's betrayal of me this time is the reason why I plan to show off. However, the shares of Tsingzhou Yingni in the hands of Tai'an Development are not worried about being thrown away. First, the stock market is now at a low; Second, Li Jiacheng also needs to absorb equity from the market to 40% and completely control Qingzhou Yingni."

After hearing Lin Zhengjie's analysis, everyone breathed a sigh of relief.

After all, Tai'an Development's current loan is 1 million. Although it is no problem to repay 1000 million in interest every year (rent), everyone also hopes to repay the principal as soon as possible. And the stock of Tsingzhou Yingni worth nearly 6000 million Hong Kong dollars is hope.

If it weren't for Huang Qisong's betrayal, Tai'an Development's 4100 million funds would have earned more than 2000 million.

Of course, you can also sell at this time, after all, the stock price of Qingzhou Yingni has not fallen.

But Lin Zhengjie thought that if he sold it, wouldn't he help Li Jiacheng suppress the stock price?

So simply wait until the market situation improves next year before selling. The market value of Qingzhou Yingni can reach HK$15 billion.

Saturday, October 12.

A board meeting was held at Yiren Real Estate.

Before the meeting, Huang Qisong said to Lin Zhengjie: "The methods of young people are indeed ruthless!"

Lin Zhengjie said calmly: "If I hadn't been betrayed, I might have chosen long-term investment."

Huang Qisong naturally didn't believe it. Although he had betrayed the agreement between the two of them, Lin Zhengjie must have had evil intentions, otherwise why would his shareholding be so high?

Thinking about it now, Huang Qisong also felt that he was not suitable for playing stocks. The stock price of Yiren Real Estate was so abnormal, but he did not notice it.

Huang: “Everything I do is based on the interests of the company!”

Lin: "Qingzhou Yingni's stocks can be sold for higher prices!"

Huang: "Others may not be willing to buy it?"

Lin: "If he doesn't buy it, he has to buy it from the market. Qingzhou Yingni's stock price will reach 40 Hong Kong dollars next year."

Huang Qisong was speechless. He knew that he was no match for Lin Zhengjie when discussing these matters.

Subsequently, the board meeting was officially held.

Director He Changyi proposed to re-elect a new chairman of the board of directors on the grounds that Lin Zhengjie has become a major shareholder and has the right to compete.

Later, Huang Qisong could only agree.

As a result, among the 11 directors, 8 elected Lin Zhengjie and 1 abstained. The Huangs and his sons only supported the company with their own stocks.

I can’t help but sigh at Lin Zhengjie’s charisma!

What is charisma?

Lin Zhengjie has a legendary rise and several "successful transactions"; including this hype about Qingzhou Yingni, everyone knows that it was Lin Zhengjie who masterminded it.

Subsequently, Lin Zhengjie officially assumed the chairmanship of the board of directors of Yiren Real Estate.

"I suggest that Mr. Huang Qisong be asked to serve as the 'honorary chairman' and vice chairman of the board of directors, Mr. Huang Chuangming continues to serve as a director, and Chen Weizhong serves as the executive director and deputy general manager. Do you have any opinions?"

Seeing that the situation was over, Huang and his son had no choice but to admit defeat.

But they were still the second shareholders after all, so Lin Zhengjie had to appease them.

"I agree"

"I agree"

After the meeting, Yiren Real Estate opened a new chapter.

Of course, Lin Zhengjie will soon change the name of Yiren Real Estate to 'Taifu Group' and embark on the road of rapid development.

The first thing Lin Zhengjie did when he took office was to quickly seize the financial power. You must know that Yiren Real Estate now has sufficient cash flow in its hands.

(End of this chapter)