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Chapter 418: The Fragmented Family(2/2)

"I don't have many shares in the company. I still have some funds from the fixed assets and profitable projects sold during this period.

“The company can buy back my 5% shares, or I can sell them.

"I will no longer have anything to do with Pengcheng Capital. 5% of the shares should be exchanged for 20 to 30 million. I will take the money and the company will give it to Wenhan.

"Anyway, his studio is the only profitable project of the company now. If he takes over the company, it might be a way out."

If it were three years ago, his 5% stake would have been worth at least 200 million, but continuous losses caused the company's valuation to plummet, and that's all it was left with.

Chen Wenhan did not expect that things would change better than he expected, so he began to persuade the old man: "Grandpa, I think this is a way.

"I have prepared a project that will definitely make money.

"Now that I am well-known in the entertainment industry and have a good fan base, I can definitely make money as long as I make a movie about ancient puppets.

"Grandpa, after experiencing so many things, I have grown up.

"I promise that I will not be as willful as before, nor will I spend money recklessly. I will support the company.

"From now on, the Chen family will rely on me, and my studio will be profitable.

"As long as the company reduces investment in other projects, doesn't open projects randomly, and concentrates on running my studio, I guarantee that within three years, our family will be able to return to its peak."

"Don't talk nonsense! We have such a good family, how can we just break up?"

It's not that Chen Xingye doesn't believe in his grandson, it's just that he doesn't like the idea of ​​a family breaking up like this.

However, Chen Lipeng is now determined to break up.

After all, his stake in Pengcheng Capital is only that small. Even if he manages the company well, he won't actually get much.

Moreover, he has now lost confidence in Chen Wenhan.

Instead of continuing to fight like this, it is better to separate the families.

Chen Lipeng said in a formal tone: "Dad, it's decided. I have already thought about it. If the company is willing, I will transfer the shares in my hand to the company and use the money to start a business.

"The Chen family will not break up, as many big families do.

"I will go out to invest in other fields. If I succeed, I will be able to take care of my family in the future.

"This approach is just about not putting your eggs in one basket.

"No matter how Pengcheng Capital develops in the future, if I go out and try my luck, there will be another possibility."

Chen's mother had been listening by the side, and when she heard this, she finally interjected: "Dad, I think this plan is okay. If my second uncle has the ability, if he goes out to start a business, he might have better prospects in the future.

"You detained him in the company, but you harmed him.

"Since Wenhan's studio is profitable, it means that it is doing well. If we continue to expand investment, the future will only be better.

"If you move a tree, it will die, but if you move it, people will live."

"I think I agree with my second uncle's decision."

Chen Xingye has been fed up with hearing people arguing at home every day during this period.

Moreover, Chen Lipeng's management company has suffered losses for three consecutive years.

In his heart, he actually had doubts about his second son's management ability.

Now, Chen Lipeng did not say that the family was going to break up, he only said that he would use a sum of money to invest in other fields.

In fact, when a family business develops to a certain stage, the business can only be handed over to one person. It is also a good idea for other younger generations to start their own businesses.

Chen Xingye thought about it again and again, and finally agreed with Chen Lipeng's idea: "Okay. That's fine. I'll go back and take over the company temporarily."

Although he is nearly seventy years old, he has always been involved in the company's affairs.

It was just daily affairs that were left to Chen Lipeng.

Every time the company encounters a big decision, he actually makes the decision.

It will be okay to go back to manage the company for a while and transition to a new manager.

After making a decision.

Pengcheng Capital began to make equity changes.

Chen Xingye did not ask Chen Lipeng to give up all his shares and only repurchased 3% of the shares.

Chen Lipeng used 3% of his shares in exchange for 30 million to start a business.

After the equity change, Chen Lipeng withdrew from the board of directors.

Without Chen Lipeng's obstruction, Chen Wenhan was full of enthusiasm and immediately invested the remaining 50 million from Pengcheng Capital in new projects.

Chen Wenhan felt that the investment of 50 million was not enough, so he went to Feng Yunbin and threatened him to invest another 50 million to make up 100 million to make an S-level movie.
Chapter completed!
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