President, This Is Really a Misunderstanding! - CH 64
Chapter 64: The Service of the Little Princess (Part 2)
Just in time, he managed to cash out the new energy stocks.
Zhou Xuan had a large amount of money.
Although this amount of money was not enough to take the entire stake in Spire Electronics, it was more than enough to get 30%.
Zhou Xuan didn’t want to be the first shareholder.
What he wanted to get was all the shares of these relatives.
Taking up around 30% of the shares, being the second shareholder was the most perfect.
He did not have to bear the responsibility of the first shareholder, but he also had a strong say in the board of directors. The dividends he received every year would not be less than that of Xu Shengyuan, the first shareholder.
Even if he took another step back.
One day, Zhou Xuan really wanted to control the Tajian Electronics and let it be surnamed Zhou.
He only needed to buy a few more shares from the other shareholders to surpass Xu Shengyuan and achieve his goal.
“Xiao Mengqing, what is the share of the Xu family in the entire Tajian Electronics?” Zhou Xuan had a rough idea and asked again.
“I heard Grandfather say it was 72%,” Xu Mengqing pinched Zhou Xuan’s leg as she replied.
However, she wasn’t too happy about being called Xiao Mengqing. She wrinkled her nose.
Zhou Xuan didn’t care.
He silently thought about it.
The Xu family held 72% of the shares.
In other words, the other 28% of the shares were in the hands of other executives who were not from the Xu family.
This was a very normal thing for a large company.
Some scientific research talents, capable executives, and outstanding parts designers. You have to share some of your shares with them.
Otherwise, why would they work so hard for you?
Xu family’s total shareholding reached 72 percent, and it’s already a big deal to have an absolute stake in TE.
In some large enterprises, the founders’ family may account for less than 50 percent of the company’s shares, only about 40 percent, or even about 30 percent.
And worse, the entire family could be kicked out of the board without a single stake.
The companies they founded were not their own.
This was the case with the Kuchi family, a well-known luxury brand abroad, which had been taken by executives.
Listed companies were like so. You would create a company that was really not necessarily belong to you, and everything depended on equity.
“Xiao Mengqing, do you know what your grandfather’s shareholding is?” Zhou Xuan asked again.
“Looks like 36.5%… Why, why are you asking?” Xu Mengqing subconsciously answered, suddenly becoming alert again.
Zhou Xuan smiled but said nothing.
A little girl was good if she was simple.
If he went to ask Shengyuan, it would absolutely be impossible for him to answer truthfully.
72% Minus 36.5%.
Zhou Xuan immediately came up with the answer.
In addition to Xu Shengyuan, the other Xu family held 35.5% of the company.
With the stock performance of the present Tajian Electronics, a billion or so should be enough to buy those shares.
It was only 1% lower than the 36.5% stake held by Xu Shengyuan, the first shareholder of Tajian Electronics.
Zhou Xuan suddenly stood up and stretched.
By the way, he rubbed Xu Mengqing’s little head. “Well, now I have to talk to your grandfather about the investment.”
Xu Mengqing face became happy. “You plan to invest in us?”
Zhou Xuan nodded. “I do have this plan, but, finally, I still need you to help me a little.”
“What should I do?” Xu Mengqing asked.
“First, you can’t tell your grandfather what we just talked about. Second, come to me secretly tomorrow and ask your aunts and uncles out for me,” said Zhou Xuan.
Letting Xu Mengqing help out meant making her help him with acquisition of equity.
The acquisition of the stake in Tajian Electronics.
It must be carried out behind Xu Shengyuan’s back.
Because once Zhou Xuan acquired the 35.5% equity, Xu family would lose its absolute control in Tajian Electronics, and Xu Shengyuan would not want to see such a thing happen.
Too many things happened to listed companies.
Xu Shengyuan, of course, was also worried about Tajian Electronics.
“You… What do you want me to do, and making me not tell Grandpa. I am pure, but I am not stupid!” Upon hearing Zhou Xuan’s words, Xu Mengqing became more vigilant.
“I’m just trying to get your aunts and uncles out of the company. They’re all company worms. That’s how we’re gonna save the company.”
When Zhou Xuan heard Xu Mengqing’s words, he almost laughed out loud, but he still said seriously, “Think about it, your grandfather is so kind, will he have the heart to do this thing? If you tell him, he will definitely stop me, right?
“So, it’s our secret, and we can only do it secretly.”
Zhou Xuan was indeed lying to Xu Mengqing.
But he was really trying to revive Tajian Electronics.
And there’s no such thing as the idea of occupying a magpie’s nest.
So on the whole, there’s no guilt.
And Zhou Xuan’s reason, it was also a convincing one for Xu Mengqing.
“Well, you’re right, Grandpa wouldn’t have the heart.”Xu Mengqing hesitated for a moment, then nodded. “Well, you are not allowed to lie to me.”
“I’ll save the company. I am not lying to you.” Zhou Xuan rubbed her head.
Xu Mengqing left her phone number for Zhou Xuan.
The two left the office.
Zhou Xuan went to see Xu Shengyuan.
They talked about the amount of the investment, but we didn’t say he wanted to get rid of the the worms, and he didn’t invest formally.
He just pushed back and said that he still had to go back to the company to discuss. He told him that he could settle things the day after.
Tomorrow, Zhou Xuan’s 2.1 billion funds would be in the account.
By then, he had acquired 35.5% of the other Xu family members.
Regardless of whether Xu Shengyuan agreed or not, he could hold a board meeting directly, bypass Xu Shengyuan, and then change the management of the company.
By that time, Xu Shengyuan would not be able to afford these.
This was one of Zhou Xuan’s means of ensuring the revival of the Tajian Electronics.
If he wanted to put a lot of money in for a bet, then Zhou Xuan could not put the important decision-making power in other people’s hands, especially after seeing how they managed things.
Even if this chairman of Tajian Electronics was the founder himself.
At this moment, he was a great white shark in the financial ocean stirring the wind!
He opened his gigantic mouth, aimed at the Tajian Electronics!