Chapter 568: No one can do anything when encountering such a rogue shareholder
Chapter 568: No one can do anything when encountering such a rogue shareholder
On January 89, 1 (the 29nd day of the twelfth lunar month, a Sunday), Zhou Rong and Xu Hanhua treated all investors to a reunion dinner at the Zhenhua International Hotel as they did in previous years.
Many projects are still under construction and cannot generate income. This year's rate of return is only 45%, mainly from the stock market and real estate projects sold on Qiongdao Island.
After Xu Hanhua announced the operating conditions and rates of return of the company's projects, most people expressed their understanding, while a small number of people were a little disappointed, mainly because the difference between this year's income and last year's was too great.
Zhou Rong and Xu Hanhua had discussed before returning to Jiangcheng that they would report the earnings truthfully. If anyone was not satisfied with the result, they could withdraw. They did not need relatives who could only share the good times but not the bad times...
Xu Hanhua brought back one million in cash and piled it all in front of the podium. He told everyone that if they wanted to withdraw the money, they could come to him at any time, and if they didn't want to withdraw the money, the money would continue to be invested.
Everyone silently calculated that even if the rate of return was only 45%, it would still be more cost-effective than depositing the money in the bank, so they all said they would not withdraw the money.
Zhou Jiaxing attended the reunion dinner as a representative of the food factory. Not only did he not take any profits, he also said he wanted to add an additional 10 yuan in investment.
Due to the panic buying in the past few months, all the meat and vegetables produced by the food factories were in short supply, and after the country liberalized the prices of agricultural and sideline products, their profits increased significantly.
After this year's dividends were distributed, several families purchased color TVs, refrigerators and washing machines. Zhou Jiaxing also bought these appliances, which made his parents, wife and children very proud in front of relatives.
The surplus funds in the public account would be left there anyway, so after discussing with several persons in charge of the food factory, Zhou Jiaxing decided to invest all of it. He believed that Zhou Rong would help them make more money.
Xie Cuilian and Chen Moli also raised their hands to indicate that they wanted to make additional investments.
After the goods in the convenience store were sold out, all the neighbors knew that they had made money and they said a lot of sour words to them. Some people even came to borrow money, but they were all acquaintances and it was not certain that they would get it back if they lent it, but it would hurt their relationship if they did not lend it.
Both of them have telephones installed in their shops. When business is not busy, they will call each other to say hello. If they encounter any problems, they will also negotiate solutions over the phone.
Seeing that the other party was having trouble borrowing money, the two discussed and decided to put all the money with Zhou Rong, which would not only ensure that the money would not be lent out, but also allow the money to make money.
The cash register and telephone made Xu Hanqi earn more than 300 million this year. With so many projects launched at the same time, he could imagine that his brother must be very short of money and said he wanted an additional investment of 300 million.
Zhou Jiaguang received more than 6 yuan in dividends this year, and he also expressed his intention to make additional investments.
Investing this money in those big projects is actually a drop in the bucket.
But everyone did not withdraw money when the rate of return was so low, but instead made additional investments. Regardless of their purpose, Zhou Rong and Xu Hanhua were very pleased. Only such relatives are worth their efforts...
After the Spring Festival, Xu Hanhua returned to Qiongdao to supervise the project construction, while Zhou Rong went to Hong Kong and used his spare money to buy several Japanese stocks with good growth potential.
She then asked the company's employees to contact the technology and precision instrument companies in which she held shares to purchase the instruments and accessories needed by "Fanshuo Technology".
After receiving the purchase list, those companies reported that some instruments and accessories could be sold but some could not, saying that they did not comply with government regulations.
Zhou Rong asked her employees to reply to the heads of those companies, saying that if they did not sell, she would exercise her rights as a major shareholder, first replacing several directors and then reducing the salaries of all senior executives to save expenses for the company and increase profits.
In addition, she was not satisfied with this year's annual plan, saying that the profit margin was set too low and that it should at least increase fivefold to meet her expectations and reflect the strength of the company and its backbone members. If the requirements were not met, more capable people would be appointed.
When the heads of those companies saw Zhou Rongti's various unreasonable demands, their blood pressure soared and they almost vomited blood and died. But he was the major shareholder of the company and had the right to do so.
What's even more outrageous is that after being instructed, Xu Hanhua's investment company agreed to Zhou Rong's proposal.
It would be easy for the two men's companies to unite and demand a change of person in charge.
In order to avoid having their salaries cut or being fired, the heads of those companies had no choice but to sell the instruments and accessories that Zhou Rong wanted to buy. However, the goods could only be shipped to Hong Kong. If they were to be sent to the mainland, the governments of their countries would not agree and would probably detain the goods at customs.
Zhou Rong agreed to this operation and required that the prices of all goods be calculated based on cost price, otherwise she would not accept it and would continue to exercise her rights as a major shareholder.
They also asked to inspect the goods before paying, to prevent these companies from cheating and giving them inferior products. They also asked them to arrange technical engineers to guide the installation.
When faced with such a rogue shareholder, there is nothing we can do except agree.
Do you want others to replace you?
In June, all the instruments and accessories Zhou Rong needed were shipped to Hong Kong, and she then transported them back to Shenzhen through the Hong Kong Customs.
"Fanshuo Technology" must operate in a formal manner, and all accounts must be clear. Xu Hanhua is also a major shareholder of the company, and many things cannot be concealed, so Zhou Rong did not use the space to "smuggle" and honestly went through the customs clearance process...
Zhou Rong did not know how to check whether the instruments and accessories were qualified. After the goods and the technical engineers from those companies arrived in Pengcheng, she called Shen Shanqi and asked him to bring a few knowledgeable people to help inspect the goods and learn how to operate the instruments. She would bear all travel expenses.
After Shen Shanqi hung up the phone, he invited two colleagues who wanted to change jobs with him to come to Pengcheng.
After Shen Shanqi and his team checked the equipment, they said that it looked fine on the outside, but they needed to test it to determine whether it met the standards.
The laboratories and factories of "Fanshuo Technology" were built as a priority and have been completed. They will be put into use once all the instruments are installed.
Zhou Rong simply arranged people to assist the technical engineers sent by the company to install the equipment.
After all the equipment was installed, Shen Shanqi and his team conducted experiments, and the results were better than they expected.
Shen Shanqi told Zhou Rong that the goods sent by those companies were of the world's top technological level. He also said that since the laboratories and factories were ready for use, he would resign after returning to Kyoto so that he could devote himself to the research and development of the company's products as soon as possible.
Zhou Rong: "Your classmates and colleagues can come to work together. The family quarters will not be completed until next year or the year after, so you can live in the dormitory first.
The company will provide a living allowance of 200 yuan per month to all family members. It is not included in your salary and is given separately by the company. You provide your address and the finance department will remit the money every month. "
Upon hearing this, Shen Shanqi said happily: "Aunt, thank you for considering everything for us! With this subsidy, we don't have to worry about the future, and the family members won't quarrel with us. You really understand us!"
Zhou Rong smiled and said, "I'm an experienced person. I've experienced all the difficulties in your life. I hope you can experience the joy of work and have a happy family."
Shen Shanqi: "Yes! I will relay your words to everyone. I believe they will report soon."
Zhou Rong: "Okay, warmly welcome you all."
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