Chapter 768 Shen Luo's Crisis
As the situation continued day by day, both Bai Ningyuan and Chen Luo gradually became extremely anxious.
But the current situation is that Runhua tightly guards the shares in his hands and has set an attitude of no help. The shareholders who hold circulating shares want to treat the shares in their hands as heirlooms and hold them tightly in their hands to sell them, so Bai Ningyuan and Shen Luo were helpless even if they were anxious.
But compared to Bai Ningyuan, Chen Luo seemed even more anxious, because in the current situation, he was the one who was the most unfavorable.
As Bai Ningyuan said, once things cannot be done, even if Lo International withdraws, it will not cause any substantial losses. At most it will affect its reputation. But for them, the repeated entry and exit of capital has a great impact on the confidence of investors, and it is likely to cause a sharp halving of the stock price, which will make Beishan Chemical's market value plummet.
On November 19, Bai Ningyuan, as the major shareholder of Beishan Chemical, proposed to convene the Beishan Chemical Board of Directors. Because the equity share within Beishan Chemical has undergone major changes, it is necessary to hold a board of directors to re-dividate the internal power of the board of directors.
As soon as the news came out, Chen Luo, the current chairman of Beishan Chemical, naturally strictly obstructed him, because now, even if the shares held by his wife and children in the entire company have lost his position as the largest shareholder, then in the next board of directors re-elect, he is likely to lose his position as the chairman.
After losing this position, it means that your control over the entire board of directors and the entire Beishan Chemical will be greatly weakened, and this will undoubtedly be a huge blow to Chen Luo, who has been struggling for most of his life to bring Beishan Chemical to his current status.
But now Bai Ningyuan is actually the largest shareholder. After he proposed to convene a board meeting, even if Chen Luo obstructs it, it still cannot avoid its convening. After all, it is normal for Bai Ningyuan to seek the power he deserves after obtaining shares. Therefore, in the face of Bai Ningyuan's demands, Runhua and Baofeng also expressed their convictions one after another.
The combined shares of several parties have exceeded half, so although Chen Luo is reluctant, he is already unable to make up for the situation. In the end, at Bai Ningyuan's strong request, the date of the board of directors was set on the 23rd.
There are still 3 days left before the board of directors, and now it is an extremely difficult task in front of Shen Luo. He must try to convince Baofeng and Runhua to support him in these three days, so that he can regain control of the company in the upcoming power reshuffle. At this point, Runhua's support is particularly important.
After all, Runhua accounts for 20% of the entire equity structure. With Bai Ningyuan and Shen Luo each holding less than 40% of the shares, whoever can pull Runhua into his own camp will be able to laugh to the end in this power reshuffle.
Therefore, Runhua's attitude is a key factor for Bai Ningyuan and Shen Luo, who are urgently in need of control over the company.
Compared with Runhua, Baofeng's 6% share seems to become dispensable in the face of the current situation.
"Old Shen, you don't have to hurry. I think now, we have a bigger chance of winning!"
Looking at Chen Luo smoking cigarettes one by one in the office, he seemed to have grown older in his teens. After Lo International announced the acquisition of Beishan Chemical, it has only been a few days since it was announced that it would take place in just a few days, but Chen Luo's temples have grown a lot of white hair at a speed visible to the naked eye. He was originally in his early fifties, but he looked like he was in his sixties. Seeing his appearance, Zhou Meifeng felt very distressed and couldn't help but whisper to her husband.
Hearing his wife's words, Chen Luo didn't say anything, and was still smoking a smoke. His face was always thinking hard, and he didn't seem to have any relief because of his wife's persuasion.
"Think about it, over the years, you have taken Beishan Chemical to this day step by step. Everyone sees your achievements here. Runhua is not a fool. After all, you have been immersed in this industry for many years and are famous in the entire industry. Although his kid is rich and good at doing business, they say that the business is like a mountain. Runhua can guarantee that after that kid takes office, he can still keep Beishan Chemical's rapid growth and make huge profits?" Zhou Meifeng looked at her husband without saying a word, and continued to persuade him.
After hearing Zhou Meifeng say this, Chen Luo finally had a slight reaction on his face. He raised his head and stared at Zhou Meifeng with his eyes that were deeply trapped in his eyes. He no longer saw the high spirits he was usually full of energy. He opened his mouth and said in a dry voice: "You know that Runhua has invested a lot of money in our company, but for so many years, we have been pressing him in front of the shares, so that they have no place to show their fists. You dare to say that they have no complaints about me in their hearts? You know, even if they were dissatisfied with me in the past, even if they united, they had no way to deal with us, because our family's share is here, but this time it's different. That damn boy inserted it in like a sharp knife, allowing them to see the possibility of overturning me. This is the best opportunity. Who knows whether they will put down the wrong person at this time!"
Although Chen Luo's words were a bit negative, they were also a possibility. So after hearing his analysis, Zhou Meifeng opened her mouth and said for a long time: "They shouldn't be so unrighteous, after all, we had a good relationship with them before! At this time, they would never do such a thing!"
"Hmph, these people are just vampires. Everything is based on interests and righteousness. There is no such word in their dictionary!" Chen Luo snorted coldly, and after a long time, he sighed: "I didn't expect that Chen Luo would end up like this in the mall for decades, but when people are under the roof, how can you not bow your head? During this period, you will run to Runhua more often. If you should give gifts, give money, and find a way to comfort them. There is only these things you can do now!"
Zhou Meifeng looked at Chen Luo who was a little negative, opened her mouth, and finally nodded silently and responded.
Just when the two of them were speechless, a crisp knock on the door sounded. Then, in the eyes of the two people, a strange middle-aged man pushed the door and appeared in his sight...
The first update today! I have been busy moving things, and I only have time to sit down and write in the afternoon, and it’s even later. I’m sorry for everyone!
I am not sure when the next chapter is, it is around 20:00 to 21:00. The subscription has been in a downturn recently, please support me!
Chapter completed!