Chapter 788: One billion is worth
And this large sum of money finally received rich returns, and Xu Anxin invested it in the construction of a new factory. As a result, the equity of Jinan Group was greatly improved. Big expansion.
However, Zhou Zhi believed that he had no contribution at all in the process of building a new factory. For a company as large as Jin'an Group, apart from providing some small ideas, he had never participated in the specific management.
Therefore, continuing to occupy the shares of Jinan Group in the original proportion through such capital injection is an unfair act in itself to several other shareholders who have devoted all their efforts to it.
So Zhou Zhi firmly disagreed with this investment to build the factory and continued to hold shares on this grounds.
Therefore, this capital injection to build the factory not only involves Jin'an Group's withdrawal of funds from AXA Fund, but also involves the dilution of Zhou Zhi's shares in Jin'an Group.
Xu Anran felt that this was unfair to Zhou Zhi, because to put it bluntly, the capital injected this time was earned by Zhou Zhi from the international financial market. If Zhou Zhi did not play with them, Jin An would not only become Without the group, they will also face pressure from downstream foundries due to shortages of funds and other issues.
In the end, it was Xu Anxin who made the decision. He still had to seek expert advice on this matter. Even if he had to follow what Xiuzi said, such a complicated financial liquidation work could only be left to accountants like Hongsheng. floor to complete.
So it’s never wrong to ask a professional.
Then the ball was mentioned to Jack Lee.
Jack Lee found it unbelievable. Is this kind of problem still called a problem? Of course Elbow is right.
This irresponsible attitude immediately angered Xu Anxin, and then Jack Li had his ears pulled for the first time in his life, and said, do you want to bully my brother? !
Fortunately, Jack Li is very smart and calmed down Xu Anxin's anger with just one sentence - Anxin, let me ask you, will Elbow become a member of Jin'an in the future?
Xu Anxin knew that this was unlikely. It was more likely that this younger brother would become a poor man engaged in writing research in the future.
Oh no, poverty is no longer possible, only sourness remains.
After saving his ears, Jack Lee patiently explained that such an operation is actually a common practice of large companies. By diluting equity, the shareholding ratio of some original shareholders is reduced. The purpose of doing so is not to harm the interests of shareholders, but to Protect the decision-making rights of other shareholders.
As far as Jin'an Group is concerned, Zhou Zhi is still a "marginal" figure in the final analysis. Such a figure should not have the power to influence the group's decision-making direction.
In any social structure, the issue of matching power and responsibility must be taken into consideration. If this issue is ignored, problems will occur sooner or later in the future.
Jiuzi can be said to have exerted great efforts in the early days of the establishment of the company. It is even said that he designed the entire creativity and development model of the factory. His subsequent gains in the international financial market also relied on his keen sense of smell and Well-informed information, but for the management of the group itself, Jiuzi is completely marginalized.
Neither understand production nor sales, nor marketing and R&D.
For such a person to own 20% of the shares of Jinan Group, it is very dangerous and unwise for any modern enterprise.
Although Hongsheng now has a similar "venture capital" mechanism, it also has an exit mechanism, and it does not participate in corporate management. It mostly guarantees profits in the form of "gambling offers".
So the elbow is the one who understands. It is in everyone’s best interest to know at what stage things should be done to that extent.
In the end, everyone agreed to the dilution plan proposed by Zhou Zhi. With this capital increase, Zhou Zhi’s shareholding ratio was reduced from 20% to 5%. However, the portion of the capital increase requested by Xu Anran that originally belonged to Zhou Zhi will be counted as Zhou Zhi's loan to Jin'an Group and converted into debt of Jin'an Group, which will be repaid in three years from the group's overseas earnings. .
For Jinan Group, apart from introducing advanced foreign production lines, it does not use much foreign exchange. This has already been done when building the factory. The rest is cheaper for others than it is for our own brother.
This was just right, Zhou Zhi quickly asked Jack Lee to turn those foreign exchanges into American technology stocks.
After listening to Zhou Zhi’s story, Li Qiyan’s resentment disappeared again and turned into relief.
The younger son's style of doing things has become brighter and brighter. It is obvious that he was not taught by that old fox Feng Hongsheng.
Now it seems that it is mostly influenced by this place.
Although Zhou Zhi and his cousin's approach is the most fair, reasonable and calm approach, with huge wealth, how many cousins can take the initiative to ask for their shares to be diluted and reduce their shareholding ratio in the group?
How many cousins will take the initiative to divide a considerable part of the investment income that has skyrocketed ten times before and recognize it as a liability to their cousin?
From the perspective of legal principles and creditor's rights, things should indeed be handled this way, but how many families and how many people are closer than cousins, even if they know what is the most correct thing to do, they still still Because of greed and short-sightedness, in order to desperately grab and possess more benefits from others, they will fight to the death, and eventually turn what should be a great situation into a pile of chicken feathers?
At the very least, this way of dealing with wealth is very rare on Hong Kong Island.
And it is obvious that this incident has given my youngest son enough education.
Li Qiyan felt that it would be worth one billion to Zhou Zhi if he could make the boy realize this state.
It seemed that I had a big misunderstanding about the youngest, and wanted to train him step by step in my own way, so I didn't dare to completely trust him and delegate power from the beginning.
It turned out that the youngest's ability was far beyond his imagination, but due to improper handling, he was cut off by the old fox Feng Hongsheng.
After listening to Jack Lee and Zhou Zhi’s words, Li Qiyan finally had a deeper understanding of this new financial force that has recently emerged in Hong Kong Island, and he couldn’t help but smile bitterly just thinking about it.
I was still thinking hard about how to get help, but it turned out that my son was almost ready.
However, Zhou Zhi's next words shocked Li Qiyan even more: "Jack, giving Mr. Wang the one million US dollars is the top priority. If you go one day earlier, the interest will be quite a lot."
"Brother Wang? How come you owe him one million dollars?" Li Qiyan asked.
“It’s like this,” Wang Limei said: “Before coming, the Cultural Relics Bureau raised half a million US dollars in funds. Mr. Wang thought that with this amount of funds, he would need to purchase two copies of "Chunhua Pavilion Posts". It was far from enough, so he priced the Ming and Qing furniture he had collected over the years at one million US dollars, packed them up and gave them to Xiao Zhou, and asked Xiao Zhou to allocate the one million US dollars to Hong Kong Island as a gift. Acquisition funds."
"Mr. Li, to be honest, this US$1.5 million is all we have." Wang Limei looked at Li Qiyan sincerely: "If you think it is not enough, we will. I hope you will keep the two national treasures in your own hands and consider the issue of ownership when our strength increases in the future.”
(End of this chapter)