In the Capital City, within a certain corporation…
"How far have Ye Xiaofan and his team gotten in their investigation?"
"They've already looked into Li Zhongran's secretary. Although we sent a bomb over there, it seems that kid handled it again."
"That kid is really a thorn in the boss's side. Why can't we kill him, even with the assassination order?"
"Isn't that the truth? Even the Black Tiger brothers are dead. Maybe there's a powerful individual backing Ye Xiaofan. I heard the boss is furious. So, we need to win this battle, or else the boss might take his anger out on us."
"Hmm. So, what should we do next?"
"Heh, who would have thought Li Zhongran still had a trick up his sleeve? Just as Huasheng was within reach, the old man jumped from the building. Now the upper hand is back in the Li Family's hands, with Ye Xiaofan stirring up trouble. Originally, we planned to wait until the boss sent someone to kill Ye Xiaofan before dealing with Li Kuo. But now, it seems we need to proceed with the next steps in our plan."
"Alright, let's start working on it immediately."
Elsewhere, at Li Kuo's company.
Chen Lanfen truly lived up to being Li Zhongran's valued secretary. Even after being off work for several days, none of the client data was lost. She found the data during lunch and handed over everything from the past few days to Li Kuo as soon as she arrived at the company in the afternoon.
Among the documents was mention of Dongri Group's intention to invest, which was brought up at the previous shareholders' meeting. At the time, his father rejected it. But now, they brought it up again at this shareholders' meeting. It's clear that not all shareholders have the company's best interests at heart; many are more concerned with personal gains.
Whether there's a connection between Dongri and Red Butterfly is still speculation, but when Xiaofan wanted to dig deeper, a warning signal suddenly appeared.
The next day, the shareholders' meeting turned into chaos.
Within two hours of market opening today, the company's shares dropped to the limit-down point. The reason was rumors that the new chairman ignored the shareholders' opinions and enforced his own agenda, revealing Li Kuo's age and lack of experience. This news spread like wildfire, causing everyone to sell off their shares.
In the conference room, old disputes were revived, insisting on approving the Dongri joint venture. Otherwise, they claimed tomorrow would bring the same result.
Dongri and Huasheng are evenly matched companies. With their support, the market would certainly improve. But Li Kuo just wouldn't give in.
This led to seven or eight shareholders joining forces, intending to oust Li Kuo from the chairman position.
However, it was not possible, as legally, Li Kuo held the most shares. Unless the united shareholders combined had more than him, Li Kuo would remain chairman.
Among the shareholders, some knew Xiaofan's true identity next to Li Kuo, and they originally did not support the Dongri joint venture. Hence, two factions formed and started quarreling.
After an unhappy ending, Huasheng's stock price dropped for five consecutive days, reaching a historic low.
Now those shareholders couldn't sit still and issued an ultimatum: approve the Dongri joint venture, or Li Kuo should find more money to cover the gap. Meanwhile, they refuse to spend a penny. If both options are declined, they'll immediately withdraw their investment and sever all ties with Huasheng.
Facing this situation is already tough enough, and a mass shareholder withdrawal would be an even heavier blow, potentially leading Huasheng to decline directly.
"Alright, so you want to divest, right? Go ahead. Shareholders are supposed to propose divesting before the annual dividend, to be processed during distribution. But if you want to divest now, we have to follow the procedure we agreed on, deducting 16.8 percent first, then calculating with the current share price. Do you have any objections? If not, then bring the drafted termination clauses to my office tomorrow, and I'll sign them."
Li Kuo's method quickly silenced the noisy shareholders. A mere threat had unexpectedly met Li Kuo's consent.
Some shareholders couldn't hold back and immediately left their seats in anger. The remaining ones were veteran shareholders, uncles and uncles who fought alongside Li Zhongran. Clearly, they had great trust in Li Kuo, partly because Xiaofan supported him.
This time, Li Kuo really put everything on the line. Win or lose, it all depended on this last strike.
"When Dongri people first approached Mr. Li, he was furious. I don't know what they discussed in the office, but it ended badly. Having worked with Mr. Li for three years, it was my first time seeing him so angry. From the next day onwards, the company's situation became unstable, and Mr. Li's spirit declined,"
Chen Lanfen's explanation reassured Li Kuo a little. His father likely couldn't function normally at home due to this issue. So, what would happen next?
Li Kuo needed a large amount of money to fill the gap and regain market share. But the remaining shareholders weren't willing to contribute much. At most, each threw out a few dozen million, which was merely a drop in the bucket. It wasn't enough.
The divesting shareholders cared little about Huasheng's fate, once they received their funds, they cut contact immediately. Naturally, Li Kuo wouldn't reach out to them either.
In recent days, Li Kuo had been running to various banks, hoping to borrow two to three hundred million yuan to stay afloat. Yet, the banks refused, doubting his ability to manage such a large corporation.
"Li Kuo, how much money exactly is needed to stabilize the situation?"
"At least five hundred million, but I've been busy these past few days. If I could get this amount, I'm sure I could stabilize the situation. But to win, I might need an additional five hundred million. Sigh, Xiaofan, did I miscalculate? If I hadn't fallen out with those shareholders earlier, perhaps the company wouldn't be like this now."
"Come on, even if you hadn't acted, they were already Dongri's lackeys. They might have stabbed you in the back," Xiaofan said, taking out a phone. "Hello, Grandma? It's Xiaofan, um, I'd like to borrow some money, yeah, do you have one billion?"
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