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Chapter 248: Successfully seize power and control the board of directors!

The current members of the board of directors of Shen Group all sat on the front rostrum. In the main seat was Chen Kangquan, the vice chairman of Shen Group, who acted as chairman of Shen Group. Next to them were President Shen Zhentang, Vice President Shen Xiuqin, Vice President Shen Zhenduo, Executive Director Gu Xiaohong, non-executive Director Shen Zhenyu, and Shen Zhenwei did not appear at the shareholders' meeting.

Among them, Gu Xiaohong is the only person not from the Shen family on the board of directors of Shen Group. He is currently the human resources director of Shen Group.

"Everyone, let's just calm down, I announce that the 31st shareholders' meeting of Shen's Group will be officially held!"

As the passionate voice of the host Shen Xiuqin passed by, more than 200 shareholders of Shen Group who participated in this shareholders' meeting stood up and applauded. The reporters who came to live broadcast interviews all picked up their cameras to take photos. The scene was very lively and hot.

Members of the board of directors of Shen Group, led by Chen Kangquan and Shen Zhentang, stood up and waved to the shareholders attending the meeting, each smiling, but they all had their own ulterior motives.

Especially the Shen family, each of them seemed very nervous and even worried, because Chen Kangquan and Shen Zhentang had previously worked as major shareholders separately, and the results were not ideal. Several shareholders have publicly stated that they did not support the Shen family to continue to control the group, but instead welcomed Chen Yi to take over the Shen group.

Chen Yi sat at the last position of the rostrum and followed the other directors of the Shen family to stand up and wave to the shareholders present.

Many reporters' flashes were all focused on him. They seemed to regard him as the protagonist of this shareholders' meeting. Everyone thought that Chen Yi would play the role of a power-grabber this time. As for who will win? It's really suspense!

This chapter

mad Men

But after experiencing this crisis, the shareholders present had already lost confidence in the Shen family and their hearts were hurt by the Shen family. No matter how excited Shen Xiuqin's tone was, there were still very few applause below.

Shen Zhentang felt the Shen family's loss of power. Although the report was very good, it did not receive much effect. Many shareholders below seemed a little impatient, and they were all clichés. They said more than once that they had said it, but there was no substantial progress.

After Shen Zhentang's report ended, the applause became even more sparse. Only the Shen family applauded the most enthusiastically, and it seemed a little awkward in the huge multi-function conference hall.

"The second and most important part of the conference is to re-elect the board of directors! The new board of directors of Shen Group will be launched at this conference!" Shen Xiuqin said loudly.

As soon as he finished speaking, he saw photos and resumes of the 18 candidates participating in the director election appeared on the screen in the multi-functional conference hall. A nine-person board of directors, with 18 people running for the election, which shows how fierce the competition is.

At this moment, Zhao Yuxi, the legal counsel of Shen Group, came to the shareholders' meeting, holding a document in his hand and said to the shareholders present: "Everyone is quiet. Let's announce the composition of the main equity of Shen Group. I just got the latest news. The largest shareholder of Shen Group is Mr. Chen Yi, who holds 20% of the shares! The second largest shareholder is Chen Kangnian, who holds 16% of the shares! The third largest shareholder is Chen Kangquan, who holds 7% of the shares..."

As early as the day before the shareholders' meeting began, Chen Yi submitted the supporting documents of his actual control of Shen Group's shares to Zhao Yuxi, legal adviser of Shen Group.

When Zhao Yuxi announced the latest share composition of Shen Group, the audience was in an uproar!

Chen Kangquan almost collapsed on the chair, his whole body seemed to be mud, and his face showed extreme surprise and fear. How could Chen Yi get so much equity overnight? 20%! He has obtained a relatively controlling stake! This is terrible!

Shen Zhentang smiled bitterly and sighed helplessly. The thing he was most worried about finally happened. He had previously suspected that the mysterious force that acquired Shen's stocks on a large scale in the secondary market in the first half of the year was made by Chen Yi secretly!

Although the director election has not yet begun, Shen Zhentang already had a premonition that the Shen family would lose control of the board of directors this time, because the proportion of equity held by Chen Yi was too high, and his influence was very large, and the shareholders must follow his will... This is a premeditated power-grabbing action, which is simply seamless!

When legal counsel Zhao Yuxi announced the latest equity composition, a faint smile appeared on the corner of Chen Yi's mouth. Everything was under his control, and the Shen Group would be included in his pocket.

Chen Kangquan and Shen Zhentang looked at each other, and both saw helplessness and despair in each other's eyes, but now they can no longer control the development of the situation.

The election officially began at 11:00 a.m.

The staff at the venue began to issue ballots to each shareholder. Each ballot has eighteen names, and nine people must be selected. Multiple or fewer votes are considered invalid votes.

Looking at the nine people representing the Shen family to run for directors, Shen Zhentang still had a glimmer of hope. I hope that some of the shareholders of the Shen family can think of their old love and give the Shen family more votes. Even if they cannot control the board of directors in the end, at least they can occupy more seats in the future board of directors, so as to try their best to make a comeback!

One hour later, the election results were counted-

Chen Yi was elected as the executive director of Shen's Group with a high vote of 92.36%.

Song Xinyan was elected as the executive director of Shen Group with a high vote of 91.02%.

Chen Kangnian was elected as the executive director of Shen's Group with a vote of 86.43%.

Chen Kangquan was elected as the executive director of Shen's Group with a vote of 75.49%.

Shen Zhentang was elected as the executive director of Shen's Group with a vote of 70.56%.

Tian Dagang was elected as the executive director of Shen Group with a vote of 67.45%.

Gu Yaoguang was elected as a non-executive director of Shen's Group with a vote of 67.03%.

Peng Wei was elected as a non-executive director of Shen's Group with a vote of 57.01%.

Huang Dezhi was elected as a non-executive director of Shen's Group with a vote of 56.36%, and is also the only non-equity director on the board of directors.

When the election results were announced, Chen Kangquan's face turned green. In the end, only three of the nine candidates elected by the Shen clan were successfully promoted. This was a crushing defeat!

The Tengyi Group won a great victory, elected nine people to run for directors, six people successfully took office, and controlling the board of directors was a foregone conclusion.

"This is what it means to lead a wolf into the house!" Shen Zhentang sighed long. The voting results of the investors also represent everyone's will. Chen Yi is indeed what everyone hopes for.

"It's over, it's completely over! Is all this retribution? Or is it fate?" The muscles on Chen Kangquan's face trembled. His face was really ugly than eating bitter gourd, and his facial features were all entangled like buns.

When Chen Yi was asked to come back to save the scene, no one expected such a dramatic result. How could Chen Yi come to save the scene? It was clearly to take over the Shen Group!

At this point, Chen Kangquan and Shen Zhentang could only sigh with regret. Chen Yi was so powerful. He was planning and winning thousands of miles away. All the Shen family members were plotted by him, and they were sold by others and helped count the money!

Next is the new board member election to the new chairman of Shen Group. As a result, Chen Yi was elected with more than half of the votes.

From the beginning to the end, there was almost no resistance, and everything happened naturally. This was the realm that Chen Yi had pursued for a long time and his long-cherished wish over the years.

After being successfully elected as chairman of Shen Group, what Chen Yi had to do was to reorganize his Tengyi Company and Shen Group and completely annex the Shen Group.

This is the general trend, and no one can stop Chen Yi from moving forward!

After the chairman was appointed, the vice chairman was elected. After the board of directors voted, Chen Kangnian was elected as vice chairman. This was the result of Chen Yi's nomination.

The vice chairman is just a decoration in the current Shen Group and has no real power at all. The reason why Chen Yi nominated Chen Kangnian as the vice chairman was to appease the elders of the Shen family. After all, the new board of directors still exists in the Shen family.

Next is the board of supervisors who elect five people and the chairman of the board of supervisors.

Finally, after shareholder voting, Ms. Mu Chunyan, elected by Tengyi Group, served as the chairman of the Supervisory Board of Shen Group. The Supervisory Board was also under Shen Yi's control and completed its full control of Shen Group.

"Next, please invite Mr. Chen Yi, the new chairman of Shen Group, to speak!" The host Shen Xiuqin's tone was very low and she was extremely disappointed. Shen Group changed hands and even she was defeated by the director herself, so she could only barely insist on presiding over the shareholders' meeting.

Chen Yi's speech was very brief, mainly focusing on the integration of some of the assets of Tengyi Company and Shen's Group after he came to power. In fact, it is to carry out asset restructuring. The integrated new group has three secondary groups, namely, manufacturing, real estate and pharmaceutical industries.

Because Shen's Group is still listed on the main board and has such a good shell, Chen Yi also plans to withdraw Tengyi Electronics from the GEM and merge with the group to list as a whole.

The most important thing is that with the injection of a large amount of funds from the Tengyi Group, the current fiscal crisis of Shen’s Group will be solved. This is the most direct reason why most shareholders support Chen Yi to take office. Everything is for money!

After Chen Yi's speech, the following shareholders burst into warm applause for a long time to express strong support for Chen Yi's plan to reorganize the Shen Group.

, Your support is my greatest motivation.)
Chapter completed!
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