"Okay, for the registration category related to financial investment, international investment, and holding, you can come up with a name." The manager thought for a moment and said, "I suggest you keep it simple, like 'Chen's Capital,' which is easy to spread!"
"Let's call it Giant Peak!" Lu Feng said casually.
“Okay, then let’s call it Hurricane Capital!” The manager misunderstood the name, little did he know that a few years later this company, which was originally registered casually as a stopgap measure, would sweep across the globe like a hurricane.
After handing the items over to the manager, Lu Feng left the bank and wandered around the mall alone, buying a few dolls. He was already preparing to return in a while.
The situation at Chen's Capital is basically settled. Several board meetings have been held, and the shareholders are very dissatisfied with Chen Shufeng. They believe that she made a huge strategic mistake in dealing with Lu Feng. If she had ignored Lu Feng when he wanted to join the board and hadn't invested money to fight against him, the board would have just had one more person.
Inside the meeting room, Chen Shufeng slammed her fist on the table and argued countless times. She had founded this company, and all the people present were just reaping the benefits. Yet today, these same people were deciding her fate.
With each vote by show of hands, it was determined that after Chen Shufeng's term as executive chairman expired, she would no longer be eligible for re-election and would become an ordinary shareholder, enjoying shareholder rights and founder rights.
President Chen seemed to have come to terms with it. She sat in her seat smoking and looking at everyone present. She was still a shareholder, and it wouldn't be so easy to squeeze her out.
Chen's Capital has more than 70 board members, half of whom hold less than 3% of the shares. The remaining half are the real big players. Mr. Feng's shares did not come from the stock market, but from buying original shares.
Using someone else's name, he acquired shares from more than a dozen small shareholders, and now holds more than 10% of the shares, thus establishing a firm foothold on the board of directors of Chen's Capital.
That evening, Lu Feng took some time to call Su Yourong and told her about starting a financial company. To make it easier to control the company, Lu Feng would be the major shareholder, holding 99% of the shares, while Su Yourong would hold 1%.
“This company is just a shell. When the time comes, I will appoint you as the chairman of the board, and you will have full control over Chen’s Capital’s shares.” Lu Feng said into the phone, “Don’t overthink it. It’s purely due to restrictions imposed by the China Securities Regulatory Commission and the board of directors of Chen’s Capital.”
Su Yourong knew that, on the one hand, it was because of the restrictions, and on the other hand, it was easier for Lu Feng to control her. Su Yourong was like a puppet now, and everyone wanted to control her.
"Sure, anything goes!" Su Yourong said in a low voice, "There's still one problem: she won't step down as the executive chairman of Chen's Capital within six months. They've also said that there's a lot of room for maneuver within those six months!"
"Then you'll have to wait another six months. It's a requirement from the board of directors."
“I can’t wait another six months. Besides, if I show up at the board meeting of Chen’s Capital, she will definitely not let me go. You were intercepted before, what about me?” Su Yourong’s voice was full of worry.
Lu Feng didn't know how to comfort her. Things had already come to this point, so he could only grit his teeth and move forward, or he could rely on Sun Hung Kai as a refuge.
"How about we talk to Mr. Feng?" Lu Feng thought for a moment and said, "This is not the mainland after all. We need to plan ahead and learn to use others' strength against us."
"You're overthinking things. Leave it to me." Su Yourong paused for a moment before saying, "Lu Feng, you're cunning enough, but as a man, you're not ruthless enough! Hang up!"
After hanging up the phone, Lu Feng raised an eyebrow, somewhat amused and exasperated. It would be best if she could solve it, but he didn't know how she would do it.
What would normally be a lengthy account opening process was expedited by the lure of money, and by the next morning, Lu Feng had completed the registration of the company, the opening of the stock trading account, and all the other necessary paperwork.
Upon receiving the book, Lu Feng paused for a moment, then smiled indifferently. The name didn't matter.
The company used its total capital of over 60 million yuan to buy shares of Chen's Capital, then pledged the shares to obtain funds to continue purchasing.
Around 11 a.m., inside the exchange, everyone saw that Chen's Capital's stock purchases were very substantial, with a company called Hurricane Capital continuously buying shares, and the purchases were approaching 5%.
"Mr. Chen has become rich?"
"Who is this? Buying up Chen's Capital at rock-bottom prices, they're really daring!"
With Hurricane Capital acquiring 5% of the company, it immediately triggers the disclosure rule, requiring the company to disclose information and issue an announcement as soon as possible.
When the name of the company's actual controller, Lu Feng, appeared in the company information section, the entire stock exchange erupted in chaos!
"He...he...he bought at the bottom!!"
"Lu Feng bought at the bottom!"
Continue read on readnovelmtl.com
