"You keep talking about the person behind me, so it seems you're sure I have someone backing me?" Lu Feng walked at a leisurely pace and said, "Then you might as well talk to the person behind me directly, don't bother with me, a pawn. Besides, I'm already very satisfied to be able to enter the board of directors."
Ms. Chen kept staring at Lu Feng, trying to glean something from his eyes. Among her suspects were the three banks that had targeted her, or international capital such as Tiger Fund and Morgan Stanley.
Besides, there is another suspect, namely Sun Hung Kai Properties. However, Mr. Chen is not convinced that it is Sun Hung Kai Properties. Mr. Feng has no time to deal with these things now, as his own life is in danger. As for Feng Zhiyao, he is still a greenhorn!
However, she received some news that Lu Feng and Feng Zhiyao had opened an account at Ed Securities together. For a moment, she didn't know if it was true or not. The most important thing now was to win over the other shareholders. She had always done a good job before, and even if she wasn't chosen next time, she would basically be chosen the time after that.
Two years is a good time to experience retirement life ahead of schedule.
Everyone entered the conference room and took their seats. Lu Feng found his seat and sat down. The sign in front of him read "Hurricane Capital" in large characters. Lu Feng was there representing Hurricane Capital.
Once everyone was present, the board secretary sat down and began, “Recently, a lot has happened at Chen’s Capital. There have been significant changes in the board of directors. Some shareholders have stopped investing in Chen’s Capital for personal reasons, but others are optimistic about the future of Chen’s Capital and are willing to go the distance together.”
"The shareholder convening this board meeting is Hurricane Capital. According to the board rules, the meeting meets the requirements for convening. We will now officially begin. Please welcome Mr. Lu, the representative of Hurricane Capital, to speak as the convener." The board secretary looked at Lu Feng.
Lu Feng cleared his throat and said, "As a new member of Chen's Capital's investor group, it is a bit abrupt to convene a board meeting so soon after joining. If we are talking about seniority, I apologize to everyone."
Everyone laughed. You're the one who turned Chen's Capital upside down, and now you're sitting here apologizing. It sounds like you're mocking someone.
"Once the door is closed, we are all one family, sharing common interests. I did launch wave after wave of attacks against Chen's Capital some time ago. I think this is not an enemy, but rather a favor, because we are one family. My all-out attack was just a test!"
"Think about it, what would happen if I weren't sitting here right now? This should serve as a wake-up call!"
Lu Feng looked at everyone present with a worried expression. Many shareholders were speechless, but after thinking about it carefully, they felt that Lu Feng was right, but something just didn't feel right.
It's like someone comes over and beats you up, then forces you to recognize him as your godfather. You can't take the beating, so you recognize him as your godfather. Then this person turns around and says to you, "Luckily it was me. We're family. I was just training you."
"This incident exposes a problem: the ability to withstand risks is too weak. It is a very dangerous situation if someone shorts the market value and takes the opportunity to acquire it at a low price. The person mainly responsible for this problem is the current executive chairman, Mr. Chen!"
Lu Feng looked at President Chen and said, "I'm calling this board meeting for one thing only: fire her!"
Everyone already had a good idea of what was going on, and all eyes turned to President Chen. President Chen leaned back in his chair and said, "Chen's Capital is a company I founded. From the initial investment of 160 million, we've brought in major shareholders along the way. The return on investment has increased year after year. We've achieved remarkable success in multiple financial fields, including funds, wealth management, accounting for companies, and assisting with IPOs. Last year, in particular, we made sweeping improvements in venture capital, investing in 29 companies with over 100 million in funds. Some of these companies have already completed their second round of financing."
"Whether it's last year's financial report or the financial reports from the previous few years, the companies I manage have lived up to every penny invested by every shareholder. You want me to leave?" President Chen exuded an indescribable aura as he shouted, "What's the point of calling Chen's Capital if I don't manage it? Just rename it Lu's Capital."
Everyone present looked at each other. President Chen was indeed doing a very good job. She wasn't very knowledgeable in her professional field, but her greatest value was her interpersonal relationships. She could find money and connections whenever needed, making everything much easier.
In addition, Mr. Chen receives an annual salary of up to HK$30 million, making him the highest-paid executive chairman in the financial industry. Moreover, he is domineering and always speaks his mind, and has verbally abused major shareholders on numerous occasions.
A man in his forties coughed and spoke first: "I think we can't use past achievements to offset present mistakes. One thing at a time. President Chen has been in charge of the company for many years, and now that the company has grown, we should give the successors a chance, right?"
The man phrased it very tactfully.
“I also think Mr. Xiao is right. Mr. Chen is going to retire, and it’s time to train a successor. How about this, at the end of the year, we will select someone to take over, and Mr. Chen can give him some pointers when he has time. If this person is not up to the task, of course, you will still need to continue to take charge.”
Everyone nodded in agreement; this was the best approach.
President Chen glanced at Lu Feng and said, "Alright, I agree. In that case, my requirements are that the candidates can be professional managers or board members, but there is one requirement: they must have been on the board for at least two years."
These conditions are clearly designed to limit Lu Feng.
Lu Feng laughed and said, "President Chen, you can rest assured. My company is too busy to manage Chen's Capital."
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