Chapter 1181: Chapter 1181: True Proof (57)
Huhai, Haicheng Building.
The atmosphere in the high-level conference room was exceptionally tense.
Chang Qian, seated at the chairman’s position, wore a frosty expression, her eyes filled with a cold, icy glare.
A director who had just finished speaking gave a disdainful snort as he sat down and took a sip from the teacup on the table.
Among the dozen or so directors and shareholder representatives present, their expressions varied, and the entire conference room was silent.
Today’s eting was a shareholder eting of a temporary nature, initiated by multiple shareholders with voting rights.
The main agenda of this eting centered around Haicheng Group’s significant stock price decline over the past few months and its major investnt in Wen County.
Since the beginning of the year, Haicheng Group’s stock price has already dropped by 20%. Every shareholder present suffered significant losses, and there was a heavy grievance in their hearts, leading to a loss of trust in Chairman Chang Qian.
Additionally, on the matter of investing in Wen County, many shareholders expressed great dissatisfaction, believing that Chang Qian was recklessly managing the situation and even suspecting her of conducting profit transfers.
However, since Chang Qian and the Xie Family held controlling shares in Haicheng Group, they had been left with no options in the past. This ti, they took the opportunity to raise the issue, determined not to let Chang Qian act recklessly anymore.
Their substantial losses from the stock price decline felt like bleeding and tearing to them.
“Chairman Chang…”
At this mont, a shareholder representative with an arrogant expression stood up: “Please allow to speak.”
Chang Qian nodded emotionlessly. “Go ahead.”
The shareholder representative continued confidently, “On behalf of Heaven Sea Investnt, I would like to inquire, Chairman, as to why you would grant Wang Zhenghai 10% of Shifeng Mountain Comprehensive Developnt Group’s shares!”
“Based on the information we’ve gathered, although Wang Zhenghai is a local in Wen County, he does not possess much solid background…”
The Heaven Sea Investnt representative spoke eloquently, revealing all the details about Wang Zhenghai.
“Chairman Chang, with all due respect, such a person is entirely unworthy of 10% of Shifeng Mountain Comprehensive Developnt Group’s shares. Do you have further explanations for this?”
Facing the aggressive questioning of the Heaven Sea Investnt representative, Chang Qian smiled faintly and responded, “I had already provided a detailed explanation in the project plan. Since you’ve brought this up again, I will restate it now.”
She paused briefly, letting her gaze sweep across everyone present, her eyes reflecting unparalleled determination and resolve. “Wang Zhenghai is the key figure in our investnt in Wen County. The green ecological planting technology he possesses is the crucial factor for the project’s success.”
“Wang Zhenghai’s contribution through this technology makes the 10% of shares far from excessive—in fact, it has been severely undervalued!”
The Heaven Sea Investnt representative frowned deeply, showing no sign of being convinced. “Does the green ecological planting technology you ntion yield concrete results? How many patents has it secured? How many impactful papers have been published in key journals?”
Chang Qian replied, “Our company’s relevant laboratories are conducting research intensively. We believe results will be available soon. I ask the directors and shareholders here to show more patience.”
“But our stock price keeps falling!”
The Heaven Sea Investnt representative could no longer hold his temper. “Our Haicheng Group has never previously ventured into tourism developnt and ecological agriculture, or into food and health product projects. Stockholders do not trust that our investnt in Wen County will succeed!”
“Starting next week, I will personally invest capital to comprehensively repurchase the group’s shares from the market.”
With resolute words and a penetrating gaze, Chang Qian declared, “To all the individuals here, including the shares held by Heaven Sea Investnt, I am willing to acquire them at 110% of the current stock price!”
Her statent was as shocking as a thunderbolt!
No one had expected such determination from Chang Qian—not only to repurchase stocks from the market but to even acquire the shares held by those present.
Was this businesswoman truly so devoted to the investnt in Wen County?
The directors and shareholder representatives exchanged glances—so were puzzled, others surprised, so dismissive, and so appeared deep in thought.
The Heaven Sea Investnt representative, however, sat back down, rendered speechless.
Chang Qian had essentially said, “Invest if you want; if not, then leave.” What further argunt could he make?
He could only return to report to higher-ups, leaving the decision to the real bigwigs.
Chang Qian knocked on the table and asked in a deep voice, “Does anyone else wish to speak?”
A middle-aged director coughed and said, “Chairman Chang, last week the land in Nanpu was taken by the Han Family. They’ve spread the word within the industry that we won’t be able to acquire any piece of land in the core areas of Huhai moving forward. How should we respond?”
The Han Group and Haicheng Group had always been arch-enemies. Earlier this year, Han Group’s heir apparent, Han Haoxuan, tragically died in a car accident, escalating the feud between the two groups to near open conflict.
Although intervention from above alleviated tensions, the past few months saw Han Group carry out nurous disruptive actions targeting Haicheng Group’s projects—a significant factor contributing to Haicheng Group’s declining stock price.
Real estate comprises a significant portion of Haicheng Group’s business. If Han Group continues to undermine Haicheng Group in such a manner, future operations and developnts in Huhai will beco severely constrained.
After all, Han Group’s capabilities still surpass those of Haicheng Group.
“Let them compete.”
Unflinching, Chang Qian replied, “Failing to secure core-area land in Huhai is not a problem. We can acquire land outside the core areas. If Han Family truly has the ability to take all the land in Huhai, I, Chang Qian, will serve them tea, offer apologies, and admit my mistakes!”
“From a long-term perspective, the dostic real estate market will surely continue upward. There’s no need for us to lock horns with Han Group over Huhai; we can focus on expanding operations in second- and third-tier cities.”
“Director Zhao, can you instruct the Real Estate Research Institute to prepare an outlook report on second- and third-tier city real estate for us to discuss further? What do you think?”
The middle-aged director nodded. “No objections.”
Smiling, he added, “Furthermore, I have no intention of selling my shares. If anyone wants to sell, I’ll match the offer at the sa 110% acquisition price.”
Though his tone carried a hint of humor, his stance was clearly serious—an expression of firm support for Chang Qian.
This attitude, in turn, caused many small and dium shareholders to waver.
After all, under Chang Qian’s leadership, Haicheng Group’s stock price had multiplied several tis over. A 20% drop was entirely within an acceptable range.
Most importantly, even collectively, they could not oust Chang Qian from her position.
“Does anyone else wish to speak?”
Chang Qian said, “If there’s nothing more to say, I will announce the eting adjourned.”
The shareholders glanced at one another and unanimously remained silent—no one else jumped up to make inquiries.
“eting adjourned!”
After all the shareholders left, Chang Qian finally let out a long sigh.
She massaged her temples, feeling ntally and physically exhausted.
The formidable businesswoman opened the handbag beside her, taking out a bright red tomato.
She took a bite, and the sweet juice instantly filled her mouth.
Unable to resist, Chang Qian broke into a smile.
In a few bites, she finished the tomato, then picked up her phone to call Wang Chen.
———-
Chapter one delivered.
Reviews
All reviews (0)