"That's right. If you can't even manage Charles Schwab properly, how can you be qualified to take over the larger Kumho? You're almost 18 years old, and once you're an adult you'll be able to exercise your shareholder rights. If you can manage Charles Schwab well, why not give you more authority?"
What does it mean to be able to manage well?
How much revenue is generated in a year is considered a good management?
Xie Qian really wanted to criticize Xie Jinghu, but these were just minor details. Xie Qian finally understood what Xie Jinghu wanted him to give in exchange for Jiaxin Films.
According to the share transfer agreement, Xie Qian must be over 18 years old to exercise shareholder rights. 5% of the shares already give Xie Qian some say in the Jinhu Group. Xie Jinghu is afraid and wants to restrict Xie Qian from exercising this right. It is impossible to openly ask for back 5% of the shares. His uncle Xie Yuping will never agree. The 5% of the shares also include those given by his grandmother, Old Lady Xie. Xie Jinghu cannot leave.
Therefore, what Xie Jinghu can decide is when Xie Qian will exercise his shareholder rights.
A shareholder without real power can only wait for dividends every year.
Shareholders with real power can interfere in Kumho's affairs.
Moreover, once Xie Qian has access to Jinhu's business, he will know the destination of every investment made by Xie Jinghu through the group. How can Xie Jinghu secretly transfer property to his illegitimate children?
Xie Qian wanted to fish, and Xie Jinghu was not stupid either. He used a film and television company that he didn't care about to exchange such important rights with Xie Qian!
Everyone has different positions, so it's not surprising that Xie Jinghu did this. What made Xie Qian speechless was Xie Jinghu's attitude.
From Xie Jinghu's perspective, he clearly wanted to trick his underage son, but he still acted in a condescending manner and told Xie Qian: I am cultivating you!
This is disgusting.
…
Many readers wished me a happy birthday on Weibo today, so I won’t reply to them one by one. Thank you all.
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