Chapter 1863 - Chairman Qian to Take Over as President
Chapter 1863: Chairman Qian to Take Over as President
Translator: Atlas Studios Editor: Atlas Studios
Wen Xinya snorted with contempt at Qian Jianhui’s pretentious and assuming words.
Only the capable could become the President!
How shameless must Qian Jianhui be for him to say such despicable things?
If the Presidency was given to truly capable individuals, then why did he spend so much time and effort approaching the shareholders, directors, executives and loyal employees with tempting offers just so he could buy them over?
Qian Jianhui actually dared to say such disgusting things shamelessly.
And the shareholders actually believed him.
That was laughable.
In fact, all of these profit-seeking shareholders were only jealous of Wen Family as they got more profits from the Wen Corporation as compared to them. They were only angry with envy.
Wen Xinya could see through all of these pretentious people, and she felt like she was looking at a bunch of circus clowns when she looked at them.
At that moment, everyone in the conference room was discussing a variety of opinions being expressed. Yet, Qian Jianhui was not worried as he had already convinced a majority of the shareholders to be on his side. The indecisive ones who were still weighing the pros and cons would observe and naturally fall to his side if they noticed that he was winning.
He would attain control over the Wen Corporation soon.
How could Wen Xinya, an inexperienced girl, be able to defeat him?
He could not help but look at Wen Xinya after he thought about that and tried to measure up her expression. Ever since the shareholder meeting had begun, she had kept quiet.
Not only was she quiet, but the Wen faction was also unusually quiet as well.
He looked over at the chairman’s seat to see Wen Xinya sitting with a deep gaze and had no idea what tricks she had up her sleeves.
However, regardless of what she was plotting, things had already reached such a stage and he was bound to win. If Old Mr. Wen could be released from the police station right now, then he might be able to change the situation. Otherwise, she was bound to lose.
Yet, it was not possible for Old Mr. Wen to be released today.
At that time, there was already a result from the discussion, and a majority of the shareholders agreed to remove Old Mr. Wen from his presidency.
At the moment, Sun Yichen said, “Wen Corporation’s shares have diluted by so much after the crisis that we faced, as well as the reforming of the shareholders and the shrinking of our management. Today, Wen Family holds less than forty percent of the shares, which means that the other shareholders hold over sixty percent of them. Wen Family has lost their absolute control over Wen Corporation, so I wonder what all of you are waiting for?”
After he said this, yet another group of shareholders began to agree with him.
At that moment, the only ones that did not express their opinion or agree with them were those of the Wen faction, and there were less than five of them, making them the minority.
For example, Cao Zixing only held three percent of the shares.
These shares were transferred from Old Mr. Wen.
Wen faction, who had been keeping quiet all this time, felt uncomfortable and looked towards their leader, Wen Xinya, hoping that she could come out and change the situation.
But they were destined to be disappointed.
Wen Xinya continued to keep quiet as if she was an outsider, observing what was going on around her.
Qian Jianhui felt very confident as he was about to achieve his goal, and he looked towards Chairman Liu beside him. Chairman Liu said, “The presidency can only belong to someone capable enough, and now we need someone who has good foresight for the Wen Corporation to take on the position. I propose for Chairman Qian to be Wen Corporation’s new President, how does everyone feel about it?”
Everyone expressed their agreement.
“Chairman Qian has been a long-time shareholder of Wen Corporation and holds a relatively large amount of shares too. I am totally fine with it.”
“Other than Wen Family, no one else amongst the Wen Corporation’s shareholders is better respected than Chairman Qian, so it would be good for him to take on the role of President.”
“Everyone recognizes Chairman Qian as a good man, as he helped us stand up against Wen Family’s suppression. He should be the president.”
Murmurs of agreement arose in the conference room.
Qian Jianhui’s years of experience as a shareholder had become his winning chip to take over control of the Wen Corporation.
Wen Xinya just watched this drama play out without expressing much, but she still looked extremely calm from the perspective of the Wen faction, and she looked like she just wanted to see how far this drama would go.
Qian Jianhui acted a little humble and hesitant and then said, “Thank you to all shareholders for your support and love. I cannot guarantee the amount of profits that I can create for Wen Family and for all of you shareholders after I assume the role of president.
“However, I can assure all of you here that once I become the president, I will stand on the side of all the smaller shareholders, to help you all attain profits, unlike the Wen Family, who was selfish.”
Qian Jianhui’s speech was impressive and represented the views of the remaining sixty percent of the shareholders other than Wen Family.
After he said that, everyone undoubtedly had more faith in him.
There were even more people who supported Qian Jianhui now.
Even more people opposed Wen Family now.
Then, Cao Zixing spoke, “About what Chairman Qian said just now, does it represent the views of the other sixty percent of the shareholders other than Wen Family?”
He spoke without much aggression, so it did not carry much lethality.
However, he hit the nail on the head and did not give Qian Jianhui any chance of making excuses.
Although the majority of the shareholders there had already agreed to remove Old Mr. Wen from his post and allow Qian Jianhui to take over, they seemed to have forgotten about Lanxin Corporation, who owned ten percent of the shares.
Although the shares that Lanxin Corporation held underwent some dilution too, and they only held eight percent of the shares now. However, it still accounted for quite a substantial amount.
And Lanxin Corporation was not represented in the shareholder’s meeting right now.
Everyone fell silent all of a sudden.
Although Lanxin Corporation only held eight percent of the shares, as a renowned company, their stand would affect the decision of many of the shareholders as well.
“Dong dong dong—”
At that moment, a knocking sound came from the office door, and the conference room turned silent momentarily. Qian Jianhui’s right eye twitched, and he suddenly had a bad feeling.
While he was confident of his victory earlier on, he felt mildly unsure about it now.
He thoughtfully looked towards Wen Xinya.