Reborn Tycoon Rise

Chapter 433 Shareholders Meeting (1)

"Pudong?" Secretary Huang pondered for a while and said, "Mr. Xu, Pudong does not have supporting industries."

"It doesn't matter." Xu Zhi nodded and said: "The electrical appliance factory is not a heavy industry. As long as the water and electricity are perfect, other aspects are not a problem. The investment this time is large, and we can prepare some supporting facilities ourselves.

And as far as I know, Pudong is currently home to one million people. The main economy is agriculture and light industry. There are few factories. A large number of people who live in Pudong actually work in Puxi. If I can build the factory in Pudong, it will also It can solve a large number of jobs locally and relieve the employment pressure in Puxi.

Secretary Huang, what do you think? "

Secretary Huang pondered for a moment and said: "In recent years, the center of Shanghai's development has been in Puxi, and we have indeed neglected a lot in Pudong. Since Mr. Xu is interested in investing there, of course I support it with both hands."

Xu Zhi smiled with satisfaction and said: "Okay, in this case, I will immediately arrange follow-up cooperation matters after I return to Xiangjiang."

Secretary Huang stood up and said with a smile: "Mr. Xu, please rest early and we won't disturb you. Xiao Zhang will pick you up tomorrow morning to attend the opening ceremony of Songpu Bridge."

"Okay, then Secretary Huang, go slowly." Xu Zhi stood up and said with a smile.

Early the next morning, Secretary Zhang drove here in person, followed by Xu Zhi and his party, to the opening ceremony of the Puxi section of the Songura Bridge.

The entire bridge is bright red, with two floors and four lanes in both directions. The upper floor is for cars only, while the lower floor is for pedestrians and bicycles.

With the current share of cars in Shanghai, it is still difficult to avoid car traffic jams. However, bicycle fleets often encounter traffic jams when commuting to and from get off work.

A few years later, when the number of cars is too high, the lower level of the Matsuura Bridge can be converted into a car passage, which can also alleviate future traffic jams.

The opening ceremony was very simple. After several officials and a mayor came to the stage to give speeches, Secretary Huang and Xu Zhi cut the red rope together, marking the official opening of the Songura Bridge.

All the previously placed obstacles were removed, and the people who were blocked immediately rushed into the bridge to watch this bridge that could change the pace of life of Pudong people.

Xu Zhi and a group of people from the municipal committee watched for a while, then returned to the hotel. After having lunch together, many officials said goodbye and left. Xu Zhi went to Xinhua Road Pedestrian Street and watched this first personal project in human history. pedestrian street.

At present, the main designer of this street is from Xiangjiang. When it was originally designed, in addition to taking into account the needs of mainland businesses, it also fully considered the needs of foreign businessmen and tourists in Shanghai. The first floor of the ground is all normal shops, but On the second floor and above, there are many billiard rooms, bars, gyms, yoga clubs, restaurants with Western food, etc. The main purpose is to earn foreign exchange from foreigners or some Chinese who have foreign exchange certificates, whether it is to go to the Shanghai Stock Exchange It is Evergrande Company that can obtain millions of dollars in foreign exchange coupons every month.

After staying in Shanghai for a few more days, Xu Zhi hurried back to Xiangjiang.

It has entered November, the heat has passed, and there is a hint of coolness in the weather in Xiangjiang. As soon as he returned to the company, Xu Zhi got an important news.

"Is the Keswick family planning to hold a shareholders' meeting?"

Wang Liming said: "Yes, half a month later on the 20th, Simon Keswick held a shareholders' meeting in the name of Jardine Matheson's major shareholder. Shareholders of Jardine Matheson Group and Land Group around the world have received invitation letters. "

"Globally?" Xu Zhi said with a smile: "With such a large invitation, it seems that the Keswick family is ready to take action?"

The general meeting of shareholders is the highest authority of a company under the law. It has the highest right to overthrow the board of directors and current management. Even in some AB-share institutions popular in later Internet companies, even if the founder has 100% of the voting rights, he can still be overthrown by the shareholders. The General Assembly rejected it.

Among traditional Chinese companies, most of them have been established for a short period of time, and the founders or major shareholders of the company have absolute controlling rights. Even if the individual equity is insufficient, several major shareholders can control more than 50% of the equity if they join forces.

In this case, the shareholder meeting has no meaning. However, in Western countries, many companies have been operating for more than a hundred years and their equity has long been dispersed. This is the case with Jardine Matheson and Land. The founders, the Keswick family, only held 10% of the shares of Jardine Matheson. In the 1970s, the Jardine Matheson Group only held 5% of the shares of Land. With this amount of equity, there was no Chinese capital. In the era when British capital was still the boss of Xiangjiang, the Keswick family controlled the entire Jardine Consortium.

With very little capital, they controlled the first financial group in Xiangjiang. The Keswick family was extremely prosperous, but risks also existed. Newbikin used this loophole to drive Henry Keswick back to London, and now Keswick The only way for the family to regain control of Jardine Matheson is to pass a shareholders' meeting to abolish the current board of directors and management headed by Newbijian.

Wang Liming said: "They should be inseparable. It is said that some time ago on the board of directors of Jardine, Simon Keswick and Newbijian had a serious conflict. However, although the Keswick family is the major shareholder, the current But the board of directors is controlled by Niubijian, and he has nothing to do. This time he convened the shareholders' meeting in the name of the major shareholder, which is actually Sima Zhao's intention."

"How many shares do we hold in Land and Jardine now?" Xu Zhi asked.

Wang Liming replied: "Currently, Evergrande holds 26.3% of the shares of Land and Land, and Jardine Matheson holds 23%. Some time ago, Jardine and Land released 10% of each other's shares. We have almost grabbed 6% of the share. It’s almost the limit of what can be acquired.”

"This Niubijian seems to have a lot of ideas." Xu Zhi said: "At the beginning, I asked him to release 15% of the equity in Jardine Matheson Land, so that we could get at least close to 30% of the equity, but he only agreed to By releasing 10%, they obviously don’t want me to get more shares.”

"This old fox obviously wants us to form a balance with the Keswick family on the board of directors of Jardine, so that he can better control the entire Jardine family." Wang Liming also understands the reason. According to Xiangjiang's legal regulations, the board of directors The minimum is 5 seats, and 16% is forced to have one seat. If it is less than 32%, it will not be able to obtain a second seat. In this way, it will be difficult for Evergrande to form an independent and strong position on the entire board of directors of Land and Jardine, and Newbijian is obviously This can be used to balance Evergrande and the Keswick family.

"Then you have to pass the shareholders' meeting first." Xu Zhi said with a smile and shook his head.

The shareholders' meeting is the key to everything.

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