"If I had not invested in Hutchison, how would Mr. Qi Dezun plan to solve this problem?" Chen Zhiwen asked directly.
"The best way is to find a bank loan." Qi Dezun said.
"Is there any bank willing to lend money to Hutchison now?" Chen Zhiwen asked calmly.
"HSBC rejected my request." Qi Dezun paused and said, "So I am going to persuade shareholders to reinvest at the next shareholders' meeting, but since Chen Sheng has become Hutchison's largest shareholder, it is most appropriate for you to come forward. .”
"Those shareholders will not invest money so easily, but I can contribute the money alone." Chen Zhiwen said with a smile.
"Seriously?" Qi Dezun didn't believe it. HK$150 million in cash was an astronomical figure. In Hong Kong, even the Jardine Matheson Group wanted to directly withdraw such a sum of cash. Although it was possible, it was still difficult. Chen Zhiwen had already After spending at least 200 million to 300 million to acquire Hutchison Group's shares, it is amazing to be able to come up with such a large sum of money, even if it is a loan.
"I can inject more capital into Hutchison, but you have to agree to one condition." Chen Zhiwen said with a smile.
"What conditions?" Qi Dezun asked.
"Mr. Qi Dezun, are you 60 years old this year?" Chen Zhiwen suddenly changed the topic.
"According to Chinese calculations, the real age is 60, but I am actually only 58." Qi Dezun was stunned for a moment, and immediately had a bad feeling in his heart.
"I heard that Mr. Qi Dezun has been in Hong Kong for decades. Hutchison's current status is the result of ten years of hard work. I think it is time for Mr. Qi Dezun to return to the UK to retire." Chen Zhiwen said lightly.
As soon as he finished speaking, the decibels in the entire conference room immediately dropped. Many people even held their breath. Except for Richard, everyone else looked at Chen Zhiwen and Qi Dezun in shock, even though they knew that there would definitely be overt and covert fighting in today's meeting. , but unexpectedly, this young man who had just become the majority shareholder of Hutchison actually wanted to remove Qi Dezun directly.
"Chen Sheng, what do you mean?" Qi Dezun said angrily. Before, he had full confidence that Chen Zhiwen would not do anything to him. At most, he would cause some trouble for him and disgust him to show his status as a major shareholder. Authoritative, but I never expected that just after meeting, they would go straight to nuclear weapons.
"That's what I mean. You have contributed to Hutchison's development to this day. I don't deny it. But it was you who contributed to the debt crisis becoming like this. And you still have no solution to the problem. Instead, you just borrow money or borrow money from shareholders. With the money in your hand, what do the shareholders want you to do?" Chen Zhiwen said coldly.
Historically, Qi Dezun asked all shareholders to raise a total of HK$175 million in proportion to their shares at the shareholders' meeting, which aroused public outrage. Finally, Shen Bi took the opportunity and initiated a vote on behalf of the shareholders to remove Qi Dezun. Then HSBC became a shareholder in Hutchison. From then on, and Remember entering the HSBC era.
For Qi Dezun, Chen Zhiwen had no intention of keeping him. One reason was his lack of ability. Hutchison's rapid expansion was indeed completed by his hands, but who wouldn't expand regardless of risks and desperately borrow money to buy and buy?
I bought so many different businesses that couldn't promote each other. They were just acquiring them to expand their scale. Secondly, I was arrogant and wanted to save face. When the Hong Kong stock market was in crisis in 1973, in order to stabilize the stock price, I used the funds from the sale of properties. Profit was included in the profit and then dividends were paid to shareholders, and later even dividends were paid out through loans. As a result, normal internal business operations came to a halt due to a break in the capital chain, which ultimately led to the largest debt crisis in Hong Kong's history for the entire Hutchison Group.
"The removal of the chairman of the board of directors can only be effective if the board of directors obtains 2/3 of the vote or the shareholders' meeting approves." Qi Dezun said coldly.
"Forget about the board of directors, there is no need for a shareholders' meeting. I already have 46% of Hutchison shares in my hands. I can hold a shareholders' meeting just to remove you. Are you sure you want me to do this?" Chen Zhiwen said with a smile. .
"46%?" Qi Dezun was stunned for a moment and said, "You acquired another 5% of the stock?"
"Yes, Hutchison's stock has fallen again, so I naturally bought some." Chen Zhiwen said.
After the media revealed that the capital for the acquisition of Hutchison Group was a local Chinese company, although public opinion was praising, supporting, and proud of the Chinese capital, the capital market was different. Hutchison stock immediately fell in half. After plummeting, no one seemed to believe that a Chinese could save Hutchison Group, which was on the verge of collapse.
Zhou Jiayang's team also predicted this, so they started to acquire again after the stock price plummeted. They acquired 5% in three days. The acquisition cost in these three days was very low, almost the same as in the beginning.
"If I leave Hutchison, how will Chen Sheng plan to operate?" Qi Dezun said coldly. At this moment, he realized that he had no options at all.
The other party has 46% of the equity. If you find a few small shareholders, you can raise 50% of the voting rights. In addition, he is not liked by shareholders. If you really hold a shareholders' meeting, you will definitely lose. The only hope is, Even with his many years of Hutchison management experience, no new shareholder can do anything to them as long as he unites Hutchison's internal senior management.
"I know that you have signed an internal agreement to advance and retreat together, so how about you advance and retreat together?" Chen Zhiwen opened his hands and said cheerfully: "Those who are willing to stay can keep their original positions, and those who want to resign can resign now. I Absolutely no comments."
In the conference room, Richard winked at several people, who all fell silent after seeing it.
After meeting with Chen Zhiwen, he told the senior leaders of his faction which side he needed to stand on.
As a large company with bloated management, it is actually impossible for only one person to master many important positions. Even if many people have never held a certain position, they have people who work under them and people who cooperate with them. If these people get started, Generally there won't be any big problems.
In the era of Qi Dezun's management, there were many factions among his subordinates. This existed within any large company. With this major change in Hutchison, Richard naturally had to protect his faction. At the same time, this was also an opportunity for his people to Move into more senior positions.
"I resign."
"I'll resign too."
After a while, two people stood up on their own initiative. Qi Dezun smiled. When everyone here stood up, in the face of this situation, no one could really make everyone resign, and the new shareholders could not You can only admit defeat.
And once Chen Zhiwen admits defeat, it is not just a loss this time. He, Qi Dezun, will still have the final say in the future of the company.
However, after waiting for a while, no one stood up again. Qi Dezun's face suddenly changed color. Similarly, the two people who stood up were also very embarrassed.
Richard raised his eyebrows slightly. Among the people present, he only informed 3 people. The other 5 people belonged to Qi Dezun, but now only 2 people stood up. This also shows that the other three people are only willing to wait until the end. Express your opinion again.
That is to say, I waited for others to make the first move. I finally gathered the number of people, but after the two people stepped forward, Richard and the others did not respond, which also caused them to not respond.
This is really the same as what Chen Zhiwen said last time. Without the core sharing of interests or the leadership of core people, it is impossible for people to unite. There are only ten people in this scene, and there is no way to succeed. And if it involves the original signing of the joint advance and retreat agreement If there are hundreds of people, it is even less possible to truly "advance and retreat together."
"You?" Qi Dezun looked angry, looking at his subordinates who were still sitting still, and seeing Richard, his close assistant, he asked: "Richard, are you also rebelling?"
"He did not rebel. I am the major shareholder of Hutchison, and the board of directors should be responsible to me." Chen Zhiwen said calmly: "I have observed it for a long time. Mr. Richard's ability is recognized by many people in Hutchison, so I He will be appointed as Hutchison’s new chief executive.”
(End of chapter)
