lovenovelstory Chapter 807 - 800: Shareholders’ Meeting (Part 4)
Chapter 807 - 800: Shareholders’ Meeting (Part 4)
The shareholders were all present inside the venue. When they saw Leng Liewei entering together with Bai Yiran, they were all taken aback.
Isn’t the Chairman supposed to be in the hospital? How can he be here? Could it be that supporting his daughter-in-law is more important than his health?
The shareholders began to reassess the weight Bai Yiran holds in the Leng Family. Leng Liewei’s action clearly showed that he trusts and supports his daughter-in-law.
For a moment, the shareholders began whispering among themselves.
Seeing this, Qi Hui and Lin Shi inwardly thought this was not good. This scene was definitely not beneficial to them, as the shareholders were visibly swayed by Leng Liewei’s appearance.
There was no time to lose, they couldn’t give them more time to discuss. Qi Hui nodded to the master of ceremonies, and the shareholders’ meeting regarding the change of management rights of Huamei International officially began.
Upon hearing the meeting had started, Bai Yiran trembled imperceptibly. Ultimately, she was still afraid. She feared losing the company, feared that the enterprise Leng Yichen worked so hard to build would end up in someone else’s hands.
In fact, Bai Yiran’s advantage was quite apparent. She personally held 45% of the shares, and in addition, had gradually acquired 3% of scattered stocks over this period, totaling 48% of the shares.
However, according to Huamei International’s corporate bylaws, one must attain more than 51% to be considered an absolute majority shareholder, with supreme decision-making power in the company.
If she didn’t reach 51%, the group’s decisions would have to be made via voting.
Although Bai Yiran, together with Wang Wei and others, had worked on influencing the shareholders’ opinions, their responses were all ambiguous. Thus, up to now, Bai Yiran was unsure of the outcome.
She was likely to become Huamei International’s largest idle shareholder...
"Ladies and gentlemen, I am still the Chairman of the Group. As the Chairman, I want to say a few words before the voting begins!" Leng Liewei said before the official voting commenced.
Seeing Leng Liewei about to speak, Qi Hui frowned and said, "It’s already come to this, what more is there to say? Once the voting is over, you will no longer be the Chairman!"
Qi Hui was too impatient, worried that Leng Liewei’s words would affect the shareholders’ choices. But little did she know, her words incited the shareholders’ resentment and sympathy for Leng Liewei.
Seeing the change in the shareholders’ expressions, Qi Hui was about to speak again but was stopped by Old Lin from behind. Helplessly, she could only close her mouth angrily.
Luna wheeled Leng Liewei to face everyone. Leng Liewei looked at all the shareholders for a few seconds, then said, "I won’t say much, only express two points of my own. First, Huamei International is the hard work of two generations of our Leng Family! Second, I unconditionally and fully support my daughter-in-law, Bai Yiran!"
Leng Liewei truly only said those two sentences, after which Luna wheeled him back.
However, those two sentences successfully stirred the hearts of the shareholders present.
Indeed, Huamei International is the painstaking effort of two generations, particularly rising to greater heights under Leng Yichen’s leadership in recent years. They had also prospered greatly due to Leng Yichen. It can be said that Huamei International holds a profound place in the hearts of the Leng father and son duo, and that Chairman Leng’s trust in Bai Yiran, entrusting her with his life’s work, truly speaks to her capability.
For a moment, the shareholders began to waver.
The scene Qi Hui feared appeared after all. She bit her lip, looking towards the master of ceremonies.
The master of ceremonies received the order and immediately announced the start of the voting.