The youngest son Xu Qitian also jumped out:
"Yes, change hospitals. This Margaret Hospital belongs to the Chen family, and now the pharmacy is also being sold to the Chen family. It must be the Chen family who is causing trouble and using some kind of drug that makes people lose their minds."
Even the daughters-in-law were anxious:
"We can't sell the Xu family's company. If we sell it, how will we eat? Father-in-law, if you don't consider your son, don't you consider your grandson?"
A group of people started chattering and shouting in the ward, and they looked at the Chen family with unfriendly eyes.
Chen Defa sighed deeply and shook his head.
Chen Shuqin also looked at her eldest nephew with resentment, thinking that he was too rough this time.
It's not worth it to offend the Xu family and meddle in their family affairs for a company with average profits.
Xu Longfeng said nothing. After his children had vented enough, he just asked softly:
"You three are all my legitimate sons. If I divide the shares equally among you three, with each of you getting 17%, would you be willing?"
The three sons of the Xu family nodded repeatedly, and their minds quickly said, "Agreed, agreed, 17% each, fair and fair."
Xu Qibi and his colleagues had a simple idea: instead of selling the company to others, it would be better for them to hold 17% of the shares themselves. No matter what happens in the future, they would just hold on to it first.
Mr. Xu laughed and asked again:
"By then, each of you will hold 17% of the shares. Who among the three of you will become the majority shareholder? Who will be the chairman? How will you, the small shareholders, compete with the future majority shareholder? Won't you just be kicked out?
Let me be frank. As long as you agree, I won't sell my shares. Regarding the distribution of assets, only one person can take all the shares to ensure that the majority shareholder remains unchanged. This is the principle. The remaining two people will divide the rest of the family assets equally. Are you willing?"
When they heard that the most valuable Longfeng shares could only be given to one person, the three of them blurted out without thinking:
"Not willing."
Chinese people have a dark mentality: "If I don't have a good life, you can't have a good life either. If we die, we die together."
The eldest and second brother thought that the scandal of their fight over the family property was already known to the whole of Hong Kong, so the whistleblower, the third brother, would definitely reap the benefits and get all the shares. It would be better to let outsiders benefit than for him.
The third brother thought that since the eldest son was the eldest son and had a grandson, he was very likely to get shares. The second son was smart and cunning, and he might have some trump cards that he hadn't used yet.
Since the possibility of giving the shares to the third brother is very small, he will also object. Anyway, if he can't get it, the eldest and second brothers will have no chance of getting it either.
None of the three of them would submit to the other, and none of them wanted their brother to get the shares and become the boss, but they didn't care about their old father's feelings at all.
The last bit of hope in Xu Longfeng's heart was shattered, and he sighed and said:
"In that case, I'd better sell the shares. It just so happens that the Siji Group is willing to buy it at a 50% premium. Selling the company now is still worth some money, and I can also leave you with a fortune, so that it won't be squandered by the three of you.
I will then set up a family trust, and every family member will receive a sum of money every month to ensure that you will have enough food and clothing for the rest of your lives. That’s it…”
The three Xu Qibi brothers looked at each other, snorted, and turned their heads away together.
A 50% premium is a very good price, and they are tempted. On average, each person can get hundreds of millions more.
Since the company has decided to transfer, what you get is real money.
The farce ended, the matter was settled, and the two companies would go through legal and financial procedures.
After leaving the hospital, on the way home in the car, Chen Shuqin complained:
"Xiao Xia, you're too impulsive. A 50% premium means we'll have to pay at least 1 billion more just for a pharmacy. Is it worth it?"
Among the branches of the Four Seasons Group that Chen Shuqin is in charge of, which one is not in the highly profitable industry?
The jadeite sold in the jewelry store "Caiyunzhinan" is a business with no capital investment and huge profits.
"Pumpkin Vine Pharmaceuticals", or "Summer Technology", has various patents with no R&D costs, and the drugs it produces are extremely profitable.
Even for labor-intensive industries like "Four Seasons Department Store" and "Four Seasons Textiles", the gross profit margins are over 100%, which is also a huge profit!
So Chen Shuqin now has very high standards and doesn't really look down on ordinary business.
Longfeng Pharmacy does not mention anything else. Because the competition is too fierce, the gross profit of the pharmacy industry will not exceed 30% at most.
The net profit is even more pitiful.
It is also necessary to deduct some store purchase costs, some store rents, employee salaries, depreciation and other fixed expenses, and also refer to customer flow and daily turnover.
If the net profit of all stores can reach 8%, we should be thankful.
If these shares were to be purchased based on the closing price of Longfeng Pharmacy's stock on that day, Chen Shuqin agreed that the price was reasonable.
But now the price has increased by 50%, which means the Xu family is getting a free bargain, so she is not happy about that.
Personal relationships are personal relationships, and business is business.
Chen Xia suddenly lay down on the car seat like Ge You, with his hands under his head and his butt twisted comfortably. It’s true, this “work-to-death” seat is really comfortable.
When Chen Shuqin saw her nephew's disapproving expression, she rolled her eyes.
In fact, she had no idea that Chen Xia's ambition was not just about the pharmacy.
"Aunt, we now have a pharmaceutical factory and will soon have our own hospital. So, isn't our pharmaceutical industry still lacking another retail outlet? That's the pharmacy, so I want to fill that gap.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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