Chapter 263 From today on, I officially take over the Xing Group
Song Yanzheng always had a relaxed smile on his face.
"How could I forget? However, I remember that you never participated in the affairs of the Xing family. I thought you were just like Mr. Xing, holding shares and being a hands-off manager."
Xing Yu ignored him, his eyes sliding across the stack of ballots that had just been counted on the table, and his fingertips tapped on the conference table.
"Everyone, I've been dealing with Grandpa's estate these past few days, and I accidentally heard that someone wanted to take advantage of Second Master Xing's absence to disrupt the Xing family's foundation without even notifying him of the shareholders' meeting. What do you mean by that? It's against the rules, isn't it?"
The shareholders who were originally whispering fell silent in an instant.
"Mr. Xing, that's out of line," Song Yanzheng continued. "Second Master Xing was notified long ago. He was the one who didn't attend the shareholders' meeting on time, and the vote was the will of the shareholders. How is that not in accordance with the rules?"
"Okay." Xing Yu walked around Song Yanzheng and took the main seat, taking over as host. "Then let's talk about the rules. Whoever holds the most shares in a company has the final say, right, Mr. Song?"
"That's right. What's going on? Mr. Xing, are you doubting my shareholding percentage? Do you want to check who has the largest stake now?"
He had already transferred Xing Yingxue and Feng Lian's shares to his name.
The 30% stake in his hands is enough for him to walk all over Xing's company.
"I checked, you hold 30%." Xing Yu said slowly, "But Mr. Song doesn't seem to know how much I actually hold."
Song Yanzheng: "I remember you only hold 10% of the shares."
Xing Yu didn't respond, but suddenly raised his voice towards the door: "Come in."
The door of the conference room was pushed open again, and Song Yanzheng's pupils shrank.
Xing Mo walked in slowly with his suit jacket open and a file bag in his hand.
He glanced at Song Yanzheng jokingly, as if mocking a clown.
Song Yanzheng's heart skipped a beat.
He walked straight up to Xing Yu, threw the document bag in his hand to him, and looked at the shareholders below with his narrow eyes who had ulterior motives.
"My dear gentlemen, we are late."
After saying that, he walked to the empty seat next to him and sat down, crossed his legs, and leaned back in his chair, just like a spectator watching a play.
Xing Yu picked up the document bag, pulled out the equity transfer agreement from it, and waved it in front of Song Yanzheng. "Mr. Song, I forgot to tell you that the 25% stake in my grandfather's estate has been transferred to me. I just completed the formalities yesterday."
Song Yanzheng's face twitched slightly, and he didn't respond.
Xing Yu threw the agreement on the table, and his cold voice echoed throughout the conference room: "I originally held 10% of the shares, plus Grandpa's 25%, now it's 35%. Mr. Song, your 30% doesn't seem to be enough."
The air in the conference room seemed frozen.
Song Yanzheng stared at the agreement calmly, his eyes like a foggy abyss.
After a moment, he slowly uttered three words: "Well, very good."
Xing Yu looked at the shareholders again.
"Mr. Song just said that voting reflects the shareholders' will. Now, as the largest shareholder holding 35% of the shares, I'd like to vote again. Is that okay with everyone? However... all shareholders, please think carefully. You can't just cast your vote randomly..."
"No need to invest. Since we're all family, it doesn't matter who takes over." Song Yanzheng said generously, "Since Mr. Xing now holds the largest stake, I'll withdraw and let you take the CEO position. As long as Xing is doing well, that's all that matters."
The shareholders below looked at each other in bewilderment.
I can't understand why Song Yanzheng, who clearly holds 30% of the shares, should at least fight for it even if Xing Yu has the upper hand, would retreat so easily?
Xing Yu was also surprised.
It was very abnormal for Song Yanzheng, a man with a wolf in his bones, to be submissive at this moment.
"Mr. Song is quite open-minded." Xing Yu's voice was emotionless. "But the Xing Group isn't something that can be resolved with just a simple 'give in'. You've been involved in the projects over the past two years, and you need to make sure you settle the accounts that need to be settled."
"Mr. Xing, feel free to check."
Song Yanzheng left this sentence and left while adjusting his tie.
When he passed by Xing Mo, he paused and looked sideways: "Second Master Xing, let's chat."
Xing Mo was twirling the pen in his hand boredly. Hearing this, he raised his eyebrows: "Okay, it just so happens that I want to talk to you too."
Xing Yu watched the two disappear into the conference room and glanced at the shareholders, "Does anyone else have any objections?"
The people who were just surrounding Song Yanzheng were now silent, fearing that they would be recorded.
"Since everyone has no objection, I will officially take over the Xing Corporation from today. Meeting adjourned."
Then, he picked up the conference room's direct line and called the Director of Finance: "Pull out all the company's financial statements and project contracts, and focus on investigating the company's capital flows over the past two years."
After finishing the call, Xing Yu turned his gaze to Lin Yan in the corner.
"Aren't you leaving yet?"
So this is what Xing Yu said, that he would meet him in the afternoon.
It seems that he had a plan in place long ago.
I thought Xing Yu was just a martial artist who could only fight, but I didn't expect that he could handle the business world with ease.
She was worried at first, but after seeing this operation, she realized that she was worrying too much.
Lin Yan stood up with her notebook in her arms and glanced at the camera in the conference room, not forgetting that she and Xing Yu were acting.
He left the meeting room without saying a word.
…
"Explain?" Song Yanzheng looked at Xing Mo, who was sitting on the sofa in his office, and said straight to the point, "Aren't you going to destroy the Xing family? Didn't we agree to work together to undermine the Xing family? What does it mean to switch sides at the last minute?"
Xing Mo slumped on the sofa and raised his eyelids: "What do you mean? The old man's death is related to you, right? You did it, and you still want to blame his death on me. Didn't you deliberately leave that cufflink in the ward?"
"Song Yanzheng, what do you think of me? A stepping stone for you to get to the top? Or a scapegoat? You set me up, so I should return the favor."
Song Yanzheng was indifferent: "I don't know what you are talking about."
Xing Mo: "Dare to do it but not take responsibility? Is that all you have? The night before the old man passed away, although you didn't show up, Secretary Zhang went to the ward in the middle of the night and stayed there for ten minutes. You knew exactly what he did during those ten minutes."
"Oh, by the way, do you think you can clear your suspicion by disposing of the hospital's surveillance? I forgot to tell you that Xing Yu's grandson had secretly installed a camera in the old man's ward."
“No, I just happened to capture it.”
Song Yanzheng let out a cold smile, confident and fearless: "So what if they were photographed? You already said that I didn't go to Grandpa's ward, and it wasn't me who was photographed. Why do you think it was me who did the old man?"
Xing Mo leaned back on the sofa, too lazy to talk to him. After a sneer, he said in a deep voice.
"Mr. Song, I hate the Xing family. I hate their hypocrisy and indifference. But no matter how much I hate them, I won't go along with a despicable person like you."
"I have plenty of ways to bring down the Xing family. I won't be like you, relying on sneaky tricks, framing others, or using despicable and shameless means to do things."
"I just can't understand how a Phoenix man like you, who relies on women to get to the top, can be so shameless."
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