Gao Zhiwei and Du Qifeng have been back from Hong Kong for a few days, and all the necessary contracts have been signed. In essence, the IPO of Jiaming Foods has been completed.
In particular, the company has begun to expand into the southern market. The first phase of the factory, which was built this year, has been completed and recently put into use. Moreover, it has started to manufacture products for Wahaha.
Everything was moving in a positive direction. Back in Hong Kong, Gao Zhiwei even compared Wahaha to Lu Feng. It has to be said that Lu Feng laid a very good market foundation in the early stages, which led to today's success.
Although General Manager Li told him today that Lu Feng had transferred more than 5 million yuan, bringing the total accounts close to 20 million yuan, taking away half of Jiaming Foods' profits, if this continues, it will really affect the company's operation.
Gao Zhiwei was also puzzled as to what Lu Feng was doing, spending so much money. He thought about calling to ask, but then thought that asking too many questions would annoy people. So he simply told President Li that once the financing money arrived, he should fill in the accounts directly, and give the rest to Lu Feng.
The next few days were the National Day holiday, and Lu Feng wanted to contact the general manager of Panda, but the general manager was on holiday and wouldn't see anyone. At the same time, Lu Feng was also preparing to contact banks in the city and surrounding provinces.
Su Yourong has been unusually quiet lately, spending her days holed up in her room doing who knows what. A few days ago, she told Lu Feng that if he needed connections with banks in Jiangsu and Zhejiang, she could help make the connections.
After contacting several banks, they expressed great interest in the large-scale factory, imported production lines, and complete sets of machinery, especially in the electronics industry. They also had high hopes for Lu Feng. After several meals together, the price they mentioned was between 150 million and 180 million.
Some banks offer low interest rates, but with conditions: Jiafeng Technology's funds must be deposited into their bank account. Others want to acquire a stake, while still others want to use the factory to issue bonds and gamble on the market!
The variety of ways to play was so diverse that even Lu Feng was sometimes bewildered by it!
During the National Day holiday, Lu Feng called Jiang Xiaoyan and asked her to bring Duoduo over so he could spare a few days to play with the child. Jiang Xiaoyan declined, afraid of disturbing his work, and told him to come back before the New Year.
That night, Su Yourong's phone kept ringing. At ten o'clock, she received a call from President Liu, who only said one thing: everything was ready.
"Let's do it tomorrow then, since the holiday ends tomorrow."
At 1 a.m., a large number of invitations were being written, all with the same words: "We hereby invite you to attend the board meeting at the banquet hall of Tianyue Hotel at noon today, on October 8th, authorized by all the managing shareholders, Zhengtian Investment, Zhongchuang Liantou, and Tianyin Fund, in accordance with the board's regulations that holders with more than 51% of the shares have the right to convene a board meeting."
The invitations were delivered to the entire factory management team early the next morning, including senior managers such as Gao Zhiwei and General Manager Li. As for the shareholders of other factories, they had already signed authorization letters, and General Manager Wang and several other representatives would attend on their behalf.
At nine o'clock in the morning, the local business community was in an uproar, with rumors spreading everywhere that the board of directors of Jiaming Foods had lost control and that Lu Feng was about to be ousted.
"What the hell is he trying to do? Wang Youchao!!" Gao Zhiwei stormed into Wang Youchao's office with the invitation in hand. Looking at this unassuming middle manager, a chill ran down his spine. He shouted, "You're calling a board meeting?"
Gao Zhiwei was second only to the factory manager in power. When Boss Wang was yelled at like that, he shrank back in fear and said, "I'm just a figurehead."
"By simply lending your name, you've obtained authorization letters for more than half of the entire management team's shares?"
"right!"
Gao Zhiwei stared at him. Could someone like him really do something so earth-shattering? There must be a professional pulling the strings behind this!
"Who ordered you to do this?" Gao Zhiwei slammed his fist on the table and shouted, "I'm asking you a question!"
Mr. Wang suddenly stood up and roared, "What are you yelling about? I'm not deaf. I did it. I'm a shareholder too. Let me tell you, I can get rid of you with a vote at the board meeting. Do you believe me?"
Gao Zhiwei knew he was just a puppet, and said in a deep voice, "Remember, the shares you hold are management shares, and we can fire you at any time."
"Go ahead and do it, Gao Zhiwei. I'm telling you, I have equity authorization letters for nearly four thousand management personnel, and a co-existence agreement for fifteen hundred people. If you can accept the simultaneous departure of fifteen hundred management personnel, then go ahead and do it!"
Upon hearing this, Gao Zhiwei's expression changed drastically. He realized the extent of the deterioration and that the company was on the verge of spiraling out of control. As for why those companies would carry out such operations during this gap in the formal handover process, he could only think of one possibility: that these three financing companies had problems.
The entire factory's management was in an uproar. Everyone was bewildered as they looked at the invitations in their hands. Would they still be able to go to work? Whose company was this?
Gao Zhiwei returned to his office and immediately told Du Qifeng about it. The two of them discussed it and concluded that the three companies must have colluded with their shareholding employees to cause trouble.
Don't tell Lu Feng now. If you can salvage the situation, wait until things are stable before telling him. Otherwise, it would be a serious dereliction of duty on both of their part. Being laid off would be the least of their worries. If Lu Feng thinks they deliberately colluded with these three companies behind their backs, he could send them straight to jail.
Johnnie To was responsible for contacting three companies in Hong Kong. If he couldn't reach them, he would have to declare the contract void, the financing failed, and he would have to go through legal procedures to withdraw the contract.
However, this procedure needs to be handled in Hong Kong, which creates a time lag. The other party is exploiting this time lag, so Gao Zhiwei must attend today's board meeting to see who these people are and what they want to do.
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
