Chapter 214 Li Yuqiu Acquires Mei's Company



After the unanimous approval, Dong Ermei said, "Vice General Manager Gu's suggestion is excellent. Now, we will select a vice chairman from among the three shareholders. We will start the selection from the largest shareholder. Those who agree to appoint shareholder Li Yuzhu as vice chairman, please raise your hands."

In reality, this kind of choice is just a process. To put it bluntly, it's like taking off your pants to fart, or scratching an itch with six fingers—it adds an extra layer of difficulty, but you can't avoid it.

Li Yuzhu's shareholding was many times higher than that of the other two shareholders, and unsurprisingly, the motion passed unanimously.

Li Yuzhu rightfully ascended to the position of vice chairman of the company.

Of course, it really wouldn't have worked without Gu Yurou's suggestion. None of Dong Qing's three older sisters could have made this suggestion, and Fang Lin had the means to make it but didn't have the authority.

Although she has some power in the company, she doesn't have a high title. To put it bluntly, she is the chairman's assistant, with real power but no real position. It is most appropriate for Gu Yurou to bring this up. Dong Qing's three older sisters can only play a role in reconciliation.

Once a company establishes a board of directors, things become complicated. In the past, Dong Qing would have simply announced that his wife would be the vice chairman, without needing to consult with anyone else.

At the same time, Dong Qing explained the matter of providing cars to the company's senior executives and factory managers, and it was ultimately approved by everyone.

Dong Qing said, "Chu Ran, I'm entrusting this matter to you. Buy ten cars at once, all priced at 100,000 and 200,000 yuan each."

Li Churan said, "This is our company's own business, don't worry. I won't make a single penny. The cars will be sold at cost price once they come back."

The decision to buy the car was made.

After the meeting, the company arranged a vice chairman's office for Li Yuzhu. From then on, Li Yuzhu had the salary and benefits of a vice chairman. Of course, she also had to come to the company to work every day. As a person in a position, she had to be responsible for her duties. The salary and benefits were not for nothing.

Dong Qing was working in his office that afternoon when his mobile phone rang. He picked it up and answered, "This is Dong Qing. Who is this?"

A female voice came through the earpiece, saying, "I'm Mei Lu, the secretary to the general manager of the Mei Group. My company's general manager wants to discuss something with you in person. Would you do me the honor?"

What was bound to happen finally happened. Dongqing said, "Okay, let's arrange a meeting place."

The secretary said, "Meet at the Bamboo Forest Hotel at five o'clock."

Dong Qing said, "Okay, I'll definitely be there."

At 5 p.m., Dong Qing and Fang Lin entered the Su Wei Hotel. Su Wei was waiting at the entrance. She said, "General Manager Mei has arrived. Please come with me to the private room to see him."

After listening, Dong Qing nodded and led Fang Lin into a private room with Su Wei.

There was a man and a woman sitting in the private room. Dong Qing recognized them easily. The man was the general manager of Mei's Company.

The woman was around 33 years old, quite pretty, and served as the secretary to the general manager of Mei's Company. She shared the same surname as her boss; her name was Mei Lu.

Meilu and Dongqing's second sister are classmates and have a good relationship, which Dongqing knows.

General Manager Mei stood up, shook hands, and said with a smile, "Brother, we've finally met again."

His smile was forced; he couldn't possibly be happy to see him in this situation.

Dong Qing smiled and said, "Thank you for your hospitality, brother."

These were just polite words; after exchanging pleasantries, they sat down at the table.

Dong Qing asked, "General Manager Mei, you didn't come all this way just to invite me to dinner, did you? Just get to the point."

General Manager Mei said, "I admire your straightforward personality. You should know my current situation; my company is on its last legs. Can you acquire my company?"

Dong Qing said, "To be honest, I'm not optimistic about your company's industrial projects. After the acquisition, I would need to allocate a large amount of funds for restructuring, and I really have no interest in that."

Dong Qing's statement was a psychological tactic, aimed at driving down the acquisition price.

Being business people themselves, General Manager Mei could easily see through his intentions. He said, "I know about this. I won't offer you too high a price. Under normal circumstances, my company is worth at least 30 million. How about you give me 10 million now?"

The price he offered was a bit high, but not outrageously high. Dong Qing didn't want to kick someone when they were down, so he said, "To be honest, your company isn't worth 10 million right now."

I don't know how much unsold inventory your company has, but I'll take a chance and sell it to me for 10 million, including all the unsold inventory from your company's subsidiaries.

Mei's Company's subsidiaries have been shut down for more than two months. With the company's finances in such a state, Dong Qing believes he has sold all the goods he can.

However, the reason for his bankruptcy was the car manufacturing plant; it was because the cars produced could not be sold that led to the bankruptcy.

At this point, the car manufacturer should have a backlog of vehicles produced. If it didn't have these products, Dong Qing really wouldn't have given him ten million. He didn't want to rip him off, nor could he let him rip him off.

When Boss Mei heard this, he was stunned. He did not expect Dong Qing to pull this trick on him. All his goods were stored in the factory warehouse.

He has no way out; the bank will take back his company at 8:00 AM tomorrow. At that point, ten million won't be enough.

I thought to myself, "Let's sign the contract first. At worst, I'll just secretly drive the cars from the factory out at night." He said, "Okay, I agree to that condition."

Dong Qing said, "I'm not the kind of person who would stand by and watch someone die. I can help you out in this regard. When will we sign the contract?"

General Manager Mei took out a contract from his bag and said, "I've prepared the contract. This contract has legal effect. Take a look at the contents of the contract. If you agree, we'll sign it."

Dong Qing picked up the contract and read it carefully. There were no excessive requirements or conditions in the contract. There was only one condition: company cadres and employees should use it at their discretion.

In other words, you can choose to keep them if you want, or let them go if you don't; there's no coercion involved.

After reviewing the contract, Dong Qing said, "Let's add another clause: all products in the company's warehouses and factories will be sold together."

Boss Mei picked up a pen and wrote this clause on the contract. At Dong Qing's request, he pressed his fingerprint on this clause.

This is very important, and Dong Qing dared not be careless at all.

Mr. Mei said, "Now we can sign the contract, right?"

Dong Qing said, "We can sign the contract now, but I can't give it to you because I'm handling the acquisition for someone else. Please wait a moment, I'll call her to come and sign the contract with you."

It didn't matter who he sold it to, as long as he got paid. Boss Mei readily agreed.

Dongqing called his sister-in-law and asked her to come over immediately.

Twenty minutes later, Li Yuqiu entered the private room. She looked at the contract again in detail and picked up her pen to sign it.

General Manager Mei said, "Wait a minute, let me tell you the truth. I owe the bank too much money. I received a notice from the bank this afternoon that they will be taking over my company tomorrow at eight o'clock to settle the debt. To be honest, if I had any other way out, I wouldn't be in such a hurry to sell the company. Can you pay me in cash?"

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