Shareholder rights!
The law has made clear provisions on the rights of shareholders. Shareholders can decide the company's business policies and investment plans through shareholders' meetings. Xie Yuping always forces Xie Jinghu to transfer shares rather than other property, just to pave the way for Xie Qian to take over the "Kumho Group" in the future.
It’s okay to have shares but not hold an official position.
Without shares, being a general manager is useless!
The shares that Xie Jinghu was forced to transfer to Xie Qian were only 3%, and Old Mrs. Xie transferred 2% to Xie Qian, which added up to a total of 5%.
A 5% stake is considered a small shareholder in Jinhu and cannot shake Xie Jinghu's control over the group.
What Xie Jinghu was worried about was that his mother still had 3% of the shares!
According to Mrs. Xie's current idea, these 3% of shares will be divided equally among Xie Tang, Xie Qi and others, so that Xie Qian's generation can continue to work together... But as long as Mrs. Xie does not give the shares to Xie Tang and the other two, things will change. What if the old lady changes her mind and gives all 3% of the shares to Xie Qian?
Then Xie Qian would own 8% of Kumho Group’s shares.
Xie Jinghu had no way to take back Xie Qian's existing shares, but he was trying every means to delay the time for Xie Qian to exercise his shareholder rights. Xie Qian saw through Xie Jinghu's intentions and found it funny and ridiculous.
"I disagree."
Xie Qian flatly refused. "It doesn't matter if I want Jiaxin Films or not. Shareholder rights are my legal rights, and they are something I can actually hold on to after turning eighteen. You want to use a vague 'investigation' to take away my legal rights. Do you think it's appropriate?"
Inspection ability?
Give more permissions after passing the test?
joke!
This kind of promise made lip service is too empty. If you say it now, you can regret it later. Even if it is fulfilled under the supervision of your uncle Xie Yuping, the word "authority" is so vague. God knows what Xie Jinghu will use to fool him.
Xie Qian refused to budge, and Xie Jinghu was so angry that his eyebrows were twitching.
"Didn't I promise to give you Charles Schwab Pictures? Isn't this company enough?"
"You said you were giving me management rights, not equity. If the business isn't doing well, you're directly depriving me of my shareholder rights in Jinhu. If the business is doing well, you can take back Jiaxin's management rights. Wouldn't that mean I'm just working for you for nothing?"
You can get it for free.
You can’t work for free.
Xie Jinghu looked at the present Xie Qian, and for the first time he felt a little nostalgic for the former Xie Qian.
Rebellious sons are really difficult to deal with!
"So what do you want?"
Xie Jinghu's patience was almost at its limit, and Assistant Qi was trembling with fear, fearing that Xie Jinghu would get angry and attack Xie Qian.
Xie Qian weighed the options in his mind for a moment. "Of course, I'll give Jiaxin Films to you. If it's well run, I won't ask for more authority. Jiaxin is just the reward for my hard work. If it's not well run, I admit that I'm not capable enough and I'm not worthy of exercising shareholder rights."
I want equity, not management rights!
So this is what the rebellious son is planning?
Very good!
Xie Jinghu narrowed his eyes.
He wanted to give Xie Qian a film and television company in order to use it to distract Xie Qian's attention and slow down his progress.
It was just a small film and television company, and Xie Jinghu didn't care about it at all, but he would not give it to Xie Qian easily.
After Xie Qian proposed to take shares of Charles Schwab, Xie Jinghu directly asked Assistant Qi to see him off!
The first negotiation between father and son ended in a bad mood.
Xie Qian went to find Xie Yuping with a recorder. After Xie Yuping listened to the conversation, his frown never relaxed.
"Your father—"
I want to use Charles Schwab to hold you back.
Xie Yuping really found it difficult to say the second half of this sentence.
Xie Qian didn't care: "We all have our needs."
Now it depends on how Xie Jinghu wants to talk.
In negotiation, it’s all about psychology. Whoever is more anxious will make concessions.
Xie Qian was not in a hurry anyway. Wen Ying had just started writing the Nine Cauldrons series. Asking Jiaxin for help was for future plans, not something Xie Qian urgently needed to do.
So when Xie Jinghu asked Assistant Qi to contact Xie Qian again, Xie Qian was already at the airport.
"Xie Shao..."
"I'm on the plane. If you have anything to say, we can talk after we get off the plane."
Assistant Qi was hung up on, his face disheveled.
No matter how ordinary Jiaxin's financial report is, it is still a film and television company. Why would Mr. Xie leave Beijing without even discussing such a big thing?
Assistant Qi told Xie Jinghu about this. The ashtray on Xie Jinghu's desk was not saved after all. It was smashed to pieces in Xie Jinghu's rage, and one of the fragments splashed on the back of Assistant Qi's hand.
Assistant Qi looked at the angry Xie Jinghu, and the word "tyrant" popped into his mind.
——Mr. Xie’s ability to manage emotions is really not as good as Mr. Xie’s.
Xie Qian did not return to Chengdu immediately, but flew to Qiongdao to visit his grandmother and reunited with Zou Weijun who was spending the New Year on Qiongdao. The mother and son returned to Chengdu together until Zou Weijun's New Year leave ended.
The first thing Zou Weijun did after landing was to contact Wen Ying:
"The second quarter sales figures for 'Teen Idol' have been compiled. Your company's finance department is closed for the Spring Festival holiday. Your second payment of royalties will be calculated and paid as soon as the finance department opens tomorrow."
"Teenage Idol" was released in August, and the royalties were settled based on the actual number of copies sold in three months. The royalties for the first season were settled to Wen Ying in November, when the actual number of copies sold was . According to the tiered royalty contract signed by Wen Ying, the royalty income for the first season was *14%*32, and Wen Ying received 2.5461 million yuan before tax... Of course, Wen Ying didn't keep this money at all, it just passed through Wen Ying's account and was taken away by Yuan Fenghui, and became the filming investment of "Star River With You"!
In the blink of an eye, the second sales cycle of November, December 2005 and January 2006 has passed, and it is time to settle the royalties income for Wen Ying.
During the three-month period, the "Tianjiao Xinghuo Cup" essay competition was launched, and Wen Ying was under great pressure from public opinion.
But this also brings benefits to Wen Ying!
Corresponding to the pressure from public opinion, the sales of "Teenage Idol" skyrocketed again.
Those who like Wen Ying and those who don't buy Wen Ying all buy "Teenage Idol" for various reasons. The cumulative sales volume makes Zou Weijun's tone happy when he calls:
"As for how much the second season sold, you can guess for yourself."
It should sell very well, Zou Weijun is even in the mood to make jokes.
This makes Wen Ying look forward to the second quarter sales data.
"Auntie Zou, please stop keeping me in suspense and tell me how many copies you've sold!"
"Guess first. If you guess wrong, I'll tell you."
An increase of 300,000?
No, it should be more than 300,000.
If it increases by 500,000... then "Teenage Idol" will have achieved its sales target of one million within half a year of its release, making it a definite bestseller of the year!
Sales exceeding one million is an honor for Wenying and also affects Wenying's income.
With sales of 500,000, you can only get 14% royalties.
If the sales volume reaches 1 million, you can get 15% royalties.
1% may not sound like much, but with a large base, it means the difference is hundreds of thousands, which is not a small amount of money for Wen Ying now.
Wen Ying would feel uneasy unless Zou Weijun told her the second quarter sales figures.
Zou Weijun asked Wen Ying to guess, and Wen Ying boldly guessed high: "...600,000 copies, right?"
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