"The current chairman of Fei Peng Automobile, Zhao Feipeng, holds twenty percent of the company’s shares but has sixty-four percent of the voting rights."
"Because his voting rights are so large, it leads to other shareholders having smaller voting rights. Li’s eleven percent of shares only have 3.6 percent voting rights."
Chen Yiyang previously knew that Zhao Feipeng’s shares carried significant voting rights.
However, he hadn’t expected them to be this substantial.
Fei Peng Automobile can virtually be seen as Zhao Feipeng’s one-man show.
Obviously, considering the previous internal conflicts at Fei Peng Automobile, Zhao Feipeng hasn’t utilized these rights.
But one cannot deny that his rights exist.
Whenever he wishes, he can decide on any matter within Fei Peng Automobile.
"Regarding Li’s eleven percent of shares in Fei Peng Automobile, I think the price can be negotiated. But the voting rights are too low. If I’m to take over the shares, I hope to increase voting rights to at least above five percent."
Chen Yiyang presented Li with a dilemma.
On the surface, he seed to accept the price, yet similarly, he needs to enhance his speaking power.
Chen Yiyang doesn’t believe Li can truly convince Zhao Feipeng to relinquish a portion of his voting rights.
The rationale is simple.
There are three life-and-death lines for company equity: sixty-seven percent, fifty-one percent, and thirty-four percent.
Having sixty-seven percent of the voting rights equates to absolute control over the company.
Having fifty-one percent of the voting rights equates to relative control over the company.
Having thirty-four percent of the voting rights equates to a veto right at the company’s shareholder eting.
Although Zhao Feipeng possesses sixty-four percent of the voting rights, he also has an executive ally within the company.
Together, their voting rights just surpass sixty-seven percent.
Though Chen Yiyang only wants around three percent more of the voting rights, this is a life-and-death line for Zhao Feipeng in terms of absolute control over the company.
Unless the company is truly nearing bankruptcy, in general, a company boss will never give away this life-and-death line.
Sure enough, as soon as Chen Yiyang finished speaking, Li’s people showed worried expressions.
They had a contingency plan for this request from Chen Yiyang.
Because now everyone knows the issue with Fei Peng Automobile stems from the top managent.
If soone wants to take over Fei Peng’s shares, at the very least, they need so speaking power within the company to avoid spending money in vain.
Li’s 3.6 percent voting rights are too little; if they could be increased by even two percent, it could impact so major decisions at Fei Peng Automobile since Zhao Feipeng would lose absolute control.
After thinking for a mont, Li’s M-level executive opened his mouth and said, "Your request is sothing I can’t decide on alone. We need to bring on people from Fei Peng Automobile to negotiate together."
"Can you arrange that?"
"It’s doable, we can help make contact."
The negotiations with Li could be considered complete.
Chen Yiyang’s task was only halfway done.
Since he had to pretend to genuinely want to buy Fei Peng Automobile’s shares, he couldn’t refuse too sharply.
It’s best to put forward so seemingly reasonable demands from his side that the other party finds unacceptable, prompting them to voluntarily refuse, which is ideal.
Accompanied by Li’s M-level executive Luo Ping, he exited the building of Li’s company.
Chen Yiyang saw the page ga company boss he had t a few days earlier.
"Mr. Xu, why are you here too?" Chen Yiyang proactively walked over, reached out to shake hands, and greeted.
"Hello, Mr. Chen." The page ga company boss glanced at the person accompanying Chen Yiyang and imdiately said ingratiatingly, "I heard that Li has been expanding in the gaming industry over the past few years, so I ca over to seek so investnt."
Though he said investnt, this person actually saw that Chen Yiyang’s talks had collapsed and thus ca to try his luck with Li, hoping Li might acquire his company.
"Actually, the gaming industry has never aligned well with Li’s character; it was an erroneous decision for Li to enter the gaming industry initially."
Luo Ping, standing beside Chen Yiyang, couldn’t hold back upon hearing this page ga company’s boss ntioning seeking investnt from Li.
He continued, "Li has approved an internal decision to overhaul the previously acquired ga company, so we’re not considering acquiring new ga companies at the mont."
"I believe Li’s ga company is Lingxi Interactive Entertainnt, right?"
"Yes," Luo Ping nodded.
Chen Yiyang had an impression of this ga company.
Mainly because back then, Li’s boss Ma Jun always claid Li wouldn’t venture into gas, as that didn’t align with Li’s values.
In the end, after Li established its entertainnt division, it directly entered the gaming domain and spent ten billion to acquire Lingxi Interactive Entertainnt.
At the beginning, Lingxi Interactive Entertainnt did indeed produce the very successful SLG ga Three Kingdoms Strategy.
But for a long ti afterward, Lingxi Interactive Entertainnt hadn’t released any notable gas, with the whole company surviving off the laurels of Three Kingdoms Strategy.
Though the revenue from Three Kingdoms Strategy was quite decent.
Yet, a heavily monetized SLG ga not only tarnished Li’s reputation but also got embroiled in lawsuits for allegedly plagiarizing a ga from Wangyi, constantly hounded by Wangyi’s litigation.
Li plans to rehaul Lingxi Interactive Entertainnt and reorganize its layout in the gaming industry, which isn’t surprising.
However, the subsequent words from this man left Chen Yiyang utterly dumbfounded.
"Though Lingxi Interactive Entertainnt has been acquired by Li for quite so ti, this company has never truly embraced Li’s culture or recognized its values.
Lingxi Interactive Entertainnt’s only profit-generating ga, Three Kingdoms Strategy, was created under Li’s support, with a third of its success attributable to Li."
After losing Li’s support, Lingxi Interactive Entertainnt hasn’t produced a single excellent ga.
Li helped Lingxi Interactive Entertainnt, yet Lingxi Interactive Entertainnt hasn’t shown gratitude towards Li and continues to replicate the old models of traditional gaming companies.
I believe the future of the gaming industry will belong to AI, as only AI can complete ga production, encompassing half of the industrial pipeline process.
Though I don’t understand gas, the connection between gas and films should be integrative. Li’s entertainnt division compressed film production that took three years into one year, and I believe this can also be applied to the gaming sector.
Moreover, Lingxi Interactive Entertainnt is located in Yangcheng, a place historically known as a land where ancient criminals were exiled, considered a land for barbarians without cultural refinent.
In the future, everyone from Lingxi Interactive Entertainnt will need to co to Lin’an to receive the cultural refinent and training from Li to truly have a future."
After Luo Ping’s speech.
Not just Chen Yiyang, but even the company boss beside them was dumbfounded, wondering if his mind was working properly.
Indulging in his speech addiction, Luo Ping didn’t need to send them off anymore; as soon as Chen Yiyang got into the car, the page ga company’s Mr. Xu hurriedly ran over, gripping the car door, and said to Chen Yiyang, "Five million, I’ll sell my company to you for five million, is that acceptable?"
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