Chapter 1205 Let's drag it out (shuhaige.net)



The problems in Thailand are real, and they can bring them up to cause trouble at any time. But no matter what Lu Feng says, they seem determined to hold him accountable.

Lu Feng still has some businesses in Thailand. Thailand is currently the most important overseas market for the group. Although Lu Feng no longer cares about the group's business, what will happen after offending him?

Lu Feng couldn't stay with a research and development company forever; in the end, he would have to build his own brand.

On the phone, Lu Feng neither agreed nor refused, but expressed sympathy for the matter and acknowledged that he was partly to blame for what happened. However, he said that there was a major problem within the group, and once it was resolved, he was willing to help Prince Maha take down Wall Street and get revenge!

How to help is a matter for later. First, we need to make Maha happy. This thing is just like a woman; it's all about attitude.

After hanging up the phone, Lu Feng plopped down on the sofa in a daze. These were truly turbulent times.

Amidst the outside commotion, banners were still hanging over the headquarters building, preventing Lu Feng from going to the company to find out what was going on. He had no choice but to call Wei Yandan and the others, asking them to come to his home.

In the afternoon, Wei Yandan and the others arrived at Lu Feng's villa, and they all looked to be in very poor condition.

"How have things been these past few days?" Lu Feng said to the group, "Sit down and let's talk."

After everyone sat down, Wei Yandan spoke first: "The R&D company's procedures have been completed, and most of them used the bylaws. Yesterday, Goodley came to us and said that the issuance of the bylaws was not in accordance with regulations, but I ignored it. There are two main things causing a stir outside right now. One is the management being fired, who are saying that we illegally dismissed them, and the other is that you illegally misappropriated company funds. Goodley has hired a legal team and an auditor to investigate."

“They are actively pushing for management to vote on equity representation,” Zhu Lidong interjected. “I heard they want to start this process as early as November 1st.”

Lu Feng sat there with a cigarette lit on his lips, his face grim. He asked, "Is the group's business still operating normally?"

“Many projects have been put on hold. The relocation, which was originally scheduled for one week, is now estimated to take until the end of the month. There is a lot of unrest within the company, and it has even spread to the subordinate factories,” Du Guoying said. “However, the R&D company has not been affected. Several middle managers spread the word and were fired by President Liu.”

“As long as you’re still on the board before the privatization, we’re guaranteed to win. If they don’t want the R&D company to go out, then all they have left is to stall. We’re not afraid of lawsuits; dragging it out for too long won’t be good for them either.” Lu Feng took a puff of his cigarette and said, “President Wei, call John and tell him that we’re all decent people, and it’s best to part amicably. I don’t like being held back, and unpleasantness won’t bring me much real benefit.”

“Okay, I’ll call him when I get back to the company,” Wei Yandan replied.

"Handle the blockade of the group headquarters with the police. Don't let things escalate. Avoid pushing, shoving, or beatings. This kind of thing is best handled quietly. Since the middle management has been sidelined, promote some capable managers upwards. There are no other requirements, just make them stand up to the other managers," Lu Feng instructed.

“The outside media have also started to notice this matter. Hong Kong media are reporting on it extensively, while some media are also trying to smear it. I read an English newspaper today that said Jiafeng Factory is enslaving laborers,” Wei Yandan said. “I have also received some calls from foreign media.”

"Don't speak up. When others try to label you, you can't explain yourself. Don't get caught up in these verbal battles. Focus on resolving the core issues. Ultimately, the best outcome is still through negotiation," Lu Feng said in a deep voice.

Everyone nodded silently. In the end, they would still talk to John about this matter. It would just be a matter of dragging things out, but dragging it out wouldn't solve the problem.

If things get chaotic for a year or two, I'm afraid Schroders' 3.5 billion yuan investment will be completely wasted.

Lu Feng told the group to remain calm in this situation, not to feel pressured by the outside world, and to handle the internal issues properly. The only thing to do now is to maintain control over the board of directors. If John wants to keep dragging this out, then let him drag it out!

The group left in the evening. That night, Wei Yandan called John. When John heard Lu Feng's offer to reconcile, he expressed his disdain.

“He can’t take away Jiafeng’s heart. The management’s equity representatives will vote soon. This company is where it is today entirely because of the investors’ hard work. President Wei, Lu Feng is about to be kicked out. Even if you follow him, what future can you have?” John said slowly on the phone. “We have more than ten large groups holding shares globally. Jiafeng, if you don’t want to do this anymore, you can go and be the president of other international companies.”

"Some of what I'm saying might seem naive to people at our level, but I still think you're the one in management who has the potential to go the furthest. Things have come to this point, so you need to plan for yourself instead of blindly following orders!"

Wei Yandan almost laughed when she heard this. If she didn't have a good relationship with Zhu Lidong and the others, she would have thought about it. John had spoken to several executives on the phone a few months ago, and the content was pretty much the same.

“President Lu has the talent to create a world. Since he can create Jiafeng, there will be another Jiafeng. Besides, your group has so many large holding companies with even more talent. How could it be my turn?” Wei Yandan said into the phone, “I’m just conveying President Lu’s message. It’s impossible to change the management’s equity representative before the board’s year-end meeting. If you want to drag it out, then drag it out. President Lu said he’s willing to drag it out with you for a year and a half.”

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List