Chapter 566 Leaving the Company



My parents are the same way, they talk about you all the time, wondering how you're doing out there.

Liu Yuhe was both angry and heartbroken, and complained a few times.

After being scolded by his second brother, Sheng Xiping just chuckled and said, "It's just a special situation, there's nothing I can do about it."

See, I've returned safe and sound.

After I've finished dealing with these matters, I'll go back to the forest farm to be with my parents, my master, and his wife.

All the brothers have arrived, so it's a good time to have a meeting.

At the meeting, Sheng Xiping announced a major restructuring of the company.

Sheng Xiping stepped down as chairman and general manager of the company in exchange for independent management rights of the Huayang factory and the Caocheng and Shancheng factories.

In other words, from now on, those factories will belong to Sheng Xiping personally.

As for the remaining shares of Sheng Xiping in the company, they will be held on his behalf by Sheng Yunfei. From this point forward, Sheng Xiping will withdraw from the management of Tengyue Company.

"No, I don't understand at all, Xiping, what kind of trouble are you causing now?"

The company was built from scratch by us brothers. Over the years, we've never argued over a little money.

What's wrong with you? Why are you suddenly deciding to withdraw from the company's operations?

Liu Yuhe was utterly puzzled. He couldn't quite understand what Sheng Xiping was up to this time.

Everything was fine, the company was developing very well in all aspects, with a net profit of nearly one billion yuan every year, so why did they suddenly give up the management rights?

"Second brother, don't ask about the specific reasons. It's not time to announce them yet."

All I can say is that it's all for the company's good.

With you all here, the company's development is bound to be successful. Even though I've been away for the past two years, the company's operations haven't been disrupted, have they?

Sheng Xiping shook his head, refusing to reveal the real reason.

Sheng Xiping's actions in bringing 106 back to China must have offended many Western countries and conglomerates, such as Big Beauty and Pepsi.

Pepsi, in particular, had its plans in Russia disrupted by Sheng Xiping, resulting in a sharp decline in its market share of cola in Russia.

Sheng Xiping also snatched the fleet that the other party was negotiating from their mouth.

In this situation, how could the other party not take retaliatory action?

Although Shengjing Trading Company in Gangcheng has been deregistered, anyone who wants to investigate can do so sooner or later.

It all fell on Sheng Xiping and Tengyue Company.

The company mainly does import and export business now, so it would be too easy for them to impose sanctions.

Sheng Xiping has now withdrawn from Tengyue Company and will no longer participate in any matters of the company. Even if others want to cause trouble or retaliate, they cannot blame Tengyue Company.

As for Huayang Factory and Caocheng and Shancheng, Sheng Xiping hasn't been involved in their operations much in recent years. Besides, they're small targets and won't attract the attention of those large conglomerates.

For now, we should bide our time and keep a low profile for two years until things calm down.

After all, their current strength is not enough to go head-to-head with large foreign conglomerates, so appropriate avoidance is also to preserve their strength.

In the future, when their strength grows and their motherland becomes powerful, they will naturally not have to suffer from anyone's wrath.

"I don't understand, but all I know is that if you don't want to do it anymore, then none of us will either," Liu Yuhe said angrily, slamming his fist on the table.

"Second brother, how old are you? Do you think you're still a child? This isn't like when we were kids playing house, where we can just stop playing whenever we want." Sheng Xiping shook his head helplessly.

"I have my reasons. I am no longer suitable to appear in public, so I have to withdraw from management."

I didn't say I was going to abandon everything. If the company encounters difficulties in the future, I'll offer advice and suggestions; that's no problem.

"Second brother, please don't make things difficult for my brother. He has his own difficulties," Wu Yucheng said, speaking up for Sheng Xiping.

He knew a little more than others and could understand Sheng Xiping's predicament in doing so.

“My brother has been away for two years and his health isn’t very good. We’re letting him come home and rest for a while. Once he’s better, we brothers can work together again.”

Since Sheng Xiping and Wu Yucheng had both said so, the others couldn't say anything else, so they could only nod in agreement.

The meeting is over, and since it's rare for all the brothers to get together, we definitely have to have a good drink.

So we booked a table at the hotel, and everyone had dinner together that evening, chatting and drinking as we talked about what had happened in the past two years.

The meal lasted until midnight, and Sheng Xiping and the others were so drunk that they went straight to the hotel to rest.

Splitting up company equity and transferring management rights sounds easy, but in reality, it's extremely complicated.

Fortunately, Sheng Xiping and his team didn't need to do these things themselves; there was a dedicated team to handle them. Afterward, they had to report to and get approval from relevant departments, which involved visiting many different departments.

Sheng Xiping stayed in Shenzhen for a few more days. He had completed most of the formalities and entrusted the rest to the company's legal department.

It was almost May, and he was so homesick that he couldn't wait to buy a plane ticket and head back home.

The first stop was the capital, where Sheng Xiping wanted to visit Elder Yang and Elder Wu.

Old Wu is doing well; he's always been in good health. He was especially happy to see Sheng Xiping.

"Xiping, come here, come to Grandpa. Oh my, look at you, you're so dark and thin."

Xiping, your uncle told me, well done, Grandpa is proud of you.

Although Grandpa couldn't see it with his own eyes, he knows you've brought us another big one. Good boy, thank you for your hard work.

Old Wu gripped Sheng Xiping's hand and said excitedly.

"Grandpa, this is all I should do. Don't talk about how hard it is."

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