Because the environmental protection rectification process involves multiple sub-items and the use of a large amount of funds, on the one hand, in order to avoid suspicion, Ye Jiayi took the initiative to ask the shareholders of Changda Group to recuse themselves. In addition, the executives of Changda Group were all wearing multiple hats and did not take time out.

If there is no time to consider environmental rectification, other shareholders on the board of directors of Changda Holdings should shoulder this responsibility.

When environmental protection rectification was first proposed, several shareholders other than Changda Group doubted two things. One was that environmental protection rectification would require huge sums of money. Is it necessary? The other was that Changda Group was leading the environmental protection rectification. Is every capital expenditure during the process transparent?

?After seeing the Municipal Environmental Protection Bureau's documents with their own eyes, shareholders believed that rectification was imperative. Now Ye Jiayi proposed that the shareholder representatives of Changda Group actively avoid the implementation process, which further dispelled other shareholders' doubts about the use of funds.

However, individual shareholders immediately came to their senses and realized that if Changda Group was not involved, this work would not be possible at all.

"Mr. Ye, Changda Group knows all the projects of Changda Holdings, and you are familiar with the relevant functional departments of the local government. You can't just ignore environmental protection rectification!" said a shareholder.

"Perhaps I didn't make my meaning clear just now. Changda Group is not indifferent to environmental protection rectification. In terms of capital contribution, like all shareholders, we will invest in proportion to our shareholding, and we will not lose a penny." Ye Jiayi deliberately avoided the question.

"Mr. Ye, we are not only referring to the capital contribution, but also the specific implementation process. You must also participate, because other shareholders know nothing about these projects of Changda Holdings and do not know how to deal with the relevant functional departments of the local government. You will not participate.

, there’s nothing we can do about it.”

She originally wanted to stay out of the matter and be detached for a while, but now it seems that she has to take care of this matter. Thinking of this, Ye Jiayi said: "Okay, regarding the specific implementation process of environmental protection rectification, we plan to set up a leadership group, and Changda Group can participate in it.

But he does not serve as the leader of the group. In addition, after the meeting, Changda Holdings Finance Company was instructed to step up financing in the secondary market and calculate the specific shareholding ratio of each shareholder as the basis for the capital contribution amount."

At the shareholders' meeting that day, a five-member environmental protection rectification leading group was established. Changda Group's administrative director Xu Jianmin served as a member of the group and decided to hire Ye Jia and Guan Yuntian as consultants.

The financial department of Changda Holdings, a listed company, conducted a new verification of the equity of each shareholder unit while conducting secondary market financing. This task was relatively simple, and the results came out after two or three days.

Seeing the latest shareholder shareholding ratio, Ye Jiayi smiled. It turned out that according to Guan Yuntian's wishes, Lao Ding had been systematically reducing the shareholding ratio of each shareholder of Changda Group through the secondary market. Up to now, Changda Group

The total equity held by Changda Holdings has dropped to second place, from the original 45% to less than 15% now, which is nearly five percentage points lower than the first place!

The reason why Ye Jiayi is happy about the latest shareholding ratio is that first of all, Changda Group's plan to break away from traditional manufacturing has been basically realized. So far, all shareholders of Changda Group hold less than 15% of the shares of listed companies.

Among them, Guan Yuntian holds the largest shareholding, which is only 5%, and the other shareholders add up to less than 10%. Looking at the specific executives, Ye Jiayi holds the largest shareholding, which is less than 1%.

.

Taking this opportunity, Ye Jiayi wanted Changda Group to give up her position as the largest shareholder. She would naturally resign as the chairman of the listed company so that she could take the opportunity to escape.

To this end, Ye Jiayi convened a board meeting again. The sole purpose of this meeting was to re-elect the board of directors of the listed company Changda Holdings. She opened the door

He said bluntly: "The financial department is working intensively on the secondary market to raise funds needed for environmental protection rectification. Today's meeting has nothing to do with funds. The main topic is the re-election of the company's board of directors."

"Mr. Ye, environmental protection rectification is about to begin. Why do you suddenly think of re-electing the board of directors?" Several shareholders were very puzzled.

"It's not a sudden thought on my part, but according to the company's articles of association, when the equity changes, the board of directors must be re-elected. The financial department reported to me two days ago that the equity structure of Changda Holdings has changed. Now Changda Group has

He is no longer the largest shareholder of a listed company." Ye Jiayi said.

"Oh, who is the largest shareholder of Changda Holdings now?"

"An institutional investor - Fengyuan Mining Company, their shareholding ratio already accounts for 20%, while Changda Group's shareholding ratio is less than 15%. In order to be on the board of directors of listed companies

It fully reflects the relationship between power and obligation, and the board of directors must be re-elected." Ye Jiayi said.

In fact, Fengyuan Mining was already the second largest shareholder of Changda Holdings before. However, in recent times, Changda Group has been systematically reducing its stake, while Fengyuan Mining is increasing its holdings, but they don’t know each other.

However, this in and out caused the positions of Changda Group and Fengyuan Mining Company to be interchanged in Changda Holdings. This reelection of the board of directors is only an increase or decrease in the number of members of the two companies on the board of directors.

Ye Jiayi reported the situation to the board members, and she continued: "According to the company's articles of association, Changda Group will reduce one member of the board of directors, and Fengyuan Mining Company, as the largest shareholder, will have one more member on the board of directors.

Accordingly, Fengyuan Mining Company will be the new candidate for chairman of the board."

The reelection of the board of directors actually only involves two shareholder units, Changda Group and Fengyuan Mining Company, and has nothing to do with other shareholders. After the reelection of the board of directors of Changda Holding Company, Changda Group has only three board members, while Fengyuan Mining Company

The number of members increased to four.

At the meeting, Ye Jiayi suggested that a member of the board of directors of Fengyuan Mining Company be the leader of the environmental protection rectification leading group that is about to start work.

Speaking of this Fengyuan Mining Company, they have been engaged in the mining industry for more than ten years. In recent years, due to the increasingly higher industry safety standards and high mining costs, their boss Duan discussed with several close friends and established the company three years ago.

The decision was made beforehand to shrink the mining industry and prepare to invest more than 2 billion in funds in other industries.

A friend who is engaged in capital operations told Lao Duan that if there is no project that is very certain, it is better to invest funds in the capital market. After long-term observation, this friend believes that Changda Holding Company has performed steadily and its performance has been increasing unabated. It is a company

A listed company worth investing in, so I suggested that Lao Duan gradually increase his stake in Changda Holdings.

As an institutional investor, Fengyuan Mining started from scratch two years ago and gradually increased its stake in Changda Holdings until it now becomes the largest shareholder.

Because the performance of Changda Holdings is stable, the income from the two years of holding the equity is generally better than the expectations of Fengyuan Mining Company's senior officer, which further enhances their confidence in taking over this listed company.

Unexpectedly, Lao Duan, who has just become the largest shareholder of Changda Holdings and will also become the chairman according to the company's articles of association, will be faced with the important task of environmental protection rectification before he takes office. This makes him have many questions. He is a layman after all. Lao Duan

I am looking for an insider to have an in-depth understanding of the industries involved in Changda Holdings.

Through inquiries from Fengyuan Mining Company’s shareholder representatives on the board of directors of Changda Holdings, Lao Duan found out who the real insider was.

At about nine o'clock in the morning on the third day, two guests were welcomed outside the gate of Changda Building. They explained their purpose to the doorman, "We are coming from other provinces and want to visit Mr. Guan."

"Mr. Guan may not work here. Please wait a moment. I'll call and ask." The guard called the group company's office and learned that Guan Yuntian was in his office.

The two entered the welcome hall of Changda Building and were guided by the staff to the door of the chairman's office. After knocking on the door, they quickly received a "please come in" response.

After entering the room, the younger guest walking in front introduced himself: "Mr. Guan, we are from another province. This is our Mr. Duan. My surname is Wang."

Guan Yuntian stood up, shook hands with the two guests, and asked them to sit down on the sofa next to the coffee table. He made tea for the guests himself, and then asked, "Which company are the two bosses from? What business do you want to see me for?"

?”

"Mr. Guan, we are from Fengyuan Mining Company. Although we have never met you, we are familiar with Mr. Ye, Lao Xue and Lao Xu on the board of directors of Changda Holding Company."

"Oh, are you looking for Mr. Ye about the listed company? She is in the big office to the west. I will take you there." Guan Yuntian said.

"Mr. Guan, we are not looking for Mr. Ye. We made a special trip to visit you today, but we do have something to do with the listed company," Lao Duan said.

Guan Yuntian also sat at the coffee table opposite the guest, "But I have no working relationship with the listed company. I wonder what Mr. Duan has going on?"

Lao Duan first introduced the situation of Fengyuan Mining Company and how to invest in Changda Holding Company in the stock market. “Unknowingly, I became the major shareholder of Changda Holding Company. Because I am relatively unfamiliar with this industry, I came here specifically to

Mr. Guan asks for advice."

"Congratulations to Fengyuan Mining Company for becoming the largest shareholder of Changda Holdings! At the same time, congratulations to Mr. Duan for becoming the chairman of Changda Holdings!" Guan Yuntian had already learned about the re-election of Changda Holdings' board of directors from Ye Jiayi, but he did not expect the new appointment

The chairman will come to visit me.

"Mr. Guan, we are in the mining industry and know nothing about tire production, oil refining and petrochemicals. We are here today to visit and ask for your advice."

"In fact, whether it is tire production, oil refining, petrochemicals, or self-generated power generation, the chairman does not need to worry about production management. The grassroots departments will send you various reports at the specified time. From those reports, you can

You can know the production status and profitability of the whole company. There is a fixed procedure, and you will know it when the time comes." Guan Yuntian said.

"As Mr. Guan said, I don't have to worry about the daily management of the company, but I am facing a problem right now. I really don't know how to deal with the environmental protection rectification that was just arranged some time ago. Some shareholders question that Changda Holdings is not a local

A model unit for environmental protection? Why are we still facing strict environmental rectification?" In fact, this is also the doubt in Lao Duan's mind.

"Changda Holding Company is an enterprise built by us. Of course we are aware of all aspects of it. The company is indeed the city's environmental protection pacesetter. If we have time, we will send a car to take you to the production site below to see for yourself.

, the environment is indeed good. Although the same problems also plague us, if the policy is cut across the board and the red-headed documents are placed there, if it is not implemented, or even not implemented in place, we will face serious consequences, and no one can bear the responsibility!"

Lao Duan should completely understand this. The mining industry he is engaged in is also undergoing rectifications year after year because of increasingly higher safety standards. Although it met the standards that year, it failed again in the second or third year. It was exactly this year that it was like a year ago.
Chapter completed!