Seeing that everyone had finished their discussion, Liu Jingxian continued, "This is indeed related to the future and fate of the entire project park. If the valuation is high, the net worth of all shareholders will also increase, but if the valuation is too low, the overall market value of the entire park project will shrink."
"And shrinking the investment will indeed reduce the amount of money invested by all shareholders."
"but……"
He then changed the subject, saying, "Any company that goes public has proven to have great potential, and its valuation will generally only rise, not fall!"
“Some companies originally had only about 100 million in assets, but after going public, their valuation can skyrocket to 1 billion, or even tens or hundreds of billions.”
"Everyone, please think about this carefully. Our park project is worth 1 billion yuan. If its valuation can rise to 5 billion or even 1 trillion yuan, how drastically will everyone's net worth change?"
Liu Jingxian went to great lengths to persuade all the shareholders present.
He had these words carefully crafted countless times and memorized them thoroughly before uttering them publicly at this board meeting.
He believed that his sincere tone and the strong persuasiveness in his words would surely win over most of the shareholders present.
After all, what he said concerns everyone's vital interests.
Once listed on the stock exchange, a company's net worth can increase several times, or even dozens of times, overnight.
In other words, someone who previously invested 50 million can now have 500 million in assets if they increase their investment tenfold.
With such a great temptation, who could resist?
"Of course, it's just a proposal. Whether it should be valued on the stock market or listed on the stock exchange still needs to be decided by a vote."
Seeing the changes in everyone's expressions, Liu Jingxian added at the opportune moment: "Now, please vote."
As he spoke, he immediately gestured with his eyes to his secretary, Tang Huijun, behind him.
Tang Huijun understood immediately and carried a box, having people distribute the ballots to each shareholder one by one.
The votes are distributed according to the proportion of shares held by each shareholder.
There are a total of one hundred ballots, corresponding to the shares held by the shareholders.
Owning one percent of the shares grants you one vote.
Owning 8% of the shares guarantees eight votes.
For example, Wang Qian, who owns 20% of the shares in the park project, received a total of 20 votes.
Each shareholder can vote according to their own wishes.
A proposed decision is considered passed and can only be implemented if it receives more than fifty votes in favor.
If the number of votes in favor is less than fifty, even if the person who proposed the motion has a strong unilateral will, it cannot be enforced.
This is the significance of the existence of the board of directors.
While a large number of people may have many opinions, it can also help prevent leaders from becoming stubborn and autocratic.
"Now, please vote!"
Having said everything that needed to be said, Liu Jingxian gestured to all the shareholders present to invite them to join him.
Although he was the person in charge, he did not have absolute control, because the Liu Group he represented only owned 25% of the shares in the park project.
However, he wasn't worried at all.
Because in addition to the 25% stake they hold, he has secretly persuaded most of the shareholders during this period, and with those shareholders who have expressed their willingness to side with their Liu Group, he now has more than 50% of the votes.
This means that as long as the shareholders cooperate, any decision he makes can be implemented smoothly.
As expected, to his anxious wait, those who voted in favor included not only the shareholders they had been secretly courting, but also the previously wavering shareholders, as well as Wang Qian, the second-largest shareholder who had always opposed them.
In the end, miraculously, his proposed decision was passed with a 100% approval rate.
This result was so unreal that not only Liu Jingxian, but also all the senior members of the Liu family present, as well as Liu Yanran, felt it was somewhat unreal.
The shareholders they had spent over 20 million to buy off during this period voted in favor of their proposed decisions, which was exactly what they expected.
Those wavering shareholders who voted in favor were persuaded by Liu Jingxian's promises.
But what about Wang Qian?
It's a bit hard to understand why Wang Qian, the second-largest shareholder who always likes to clash with them, also voted in favor.
Did Wang Qian, like the other shareholders, fall for Liu Jingxian's empty promises?
Or was Wang Qian's casting of twenty votes in favor for some other purpose?
Surprised as he was, Liu Jingxian didn't bother to think further once he realized he had achieved his goal and immediately announced the voting results.
Since no one objected, the administrative staff of the park project quickly completed all the necessary paperwork and took it to the stock market for valuation.
This valuation left all shareholders stunned.
The project, which originally had a total investment of one billion yuan, was valued at just over two hundred million yuan after careful analysis.
This result completely overturned everyone's understanding.
If the total investment of one billion has shrunk to two hundred million, doesn't that mean that everyone's assets have shrunk by five times?
"Absurd! Utterly absurd!"
"The 50 million I invested was real, not a penny less, and after only a few months, only 10 million is left?"
"I absolutely refuse to accept such an absurd valuation!"
"I won't accept it either!"
At the board meeting, most shareholders were indignant.
That's exactly the effect Liu Jingxian wanted.
"Things have come to this point, and there's nothing we can do if people don't accept it."
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