Chapter 129 - Chapter 129: Shareholder’s Meeting
Chapter 129: Shareholder’s Meeting
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
Jiang Junlin’s gaze shifted as he bid farewell, “Don’t call me that!”
Ji Chi wiped away the blood from the corner of his lips and looked at him like that, “Regretting it now?”
Jiang Junlin did regret it. He shouldn’t have involved innocent people. He looked at Ji Chi coldly and said, “Miss Xu and I are innocent. We won’t meet again in the future. Stop pursuing this.”
“Come on, we’ve just met, how can we never see each other again?” Ji Chi smiled playfully. “Then wouldn’t I be a scoundrel who breaks up relationships?” Jiang Junlin remained silent and turned away. His guards followed him as they left. Once he was gone, Ji Chi’s smiling eyes turned completely cold, but he also felt a sense of satisfaction.
One of the guards said, “Master, Third Master has arrived.”
Ji Chi frowned. Why did Third Master come to the headquarters of the Black Hawk Group?
Lu Zhiyuan was waiting for Ji Chi in his apartment. Without bringing Li Jiang, Ji Chi couldn’t figure out how he managed to break through all the barriers and enter his apartment without anyone noticing.
“Third Master…”
Lu Zhiyuan gave him a once-over. “Well don’t you look exquisite?”
Ji Chi looked at Lu Zhiyuan, his lips slightly swollen and bloodstained. It was quite a unique sight. He smiled and licked the blood from his lips. “Forgive my appearance, Third Master.”
“How did things go as 1 instructed?” Lu Zhiyuan asked.
“Third Master, rest assured, everything is ready,” Ji Chi smiled wickedly. “Jiang Junlin regrets his actions. He won’t dare to oppose me again. However, Third Master, by controlling Lu Shijie and obtaining the Lu Corporation, it’s equivalent to giving it to Chen Rushi. For Third Master… it may not be good news. Have you communicated with him?”
“No need to worry about him!” Lu Zhiyuan’s tone was indifferent. “Just follow the plan!”
“Yes!” Ji Chi thought to himself, Third Master, you’re involved too. Since you don’t care, i care even less.
On Monday, the Lu Corporation held a board meeting. Due to the death of Chairman Lu Ze, a new chairman was to be elected. All shareholders were present, and Lu Zhiyuan appeared in the meeting room with Li Jiang, occupying the chairman’s seat.
There were more than twenty major shareholders of the Lu Corporation present. The Lu Corporation had always had control over the shareholders. Apart from Lu Ze’s concentrated holdings, whether it was the foundation or investment companies, the control was within 10%.
Jiang Junlin and Ji Chi both attended the shareholders’ meeting. They had just fought, and their faces showed the aftermath. They intuitively wore lifelike human skin masks to cover their wounds, otherwise, it would become the biggest gossip at the shareholders’ meeting.
Ji Chi wore a burgundy suit that fit him perfectly, attracting a lot of attention in the crowd. “Jiang Junlin, it’s not a good habit to ignore my words.”
Jiang Junlin ignored him, coldly passing by him and sitting in his designated seat. Unfortunately, Ji Chi’s seat was right next to him, and Chen Rushi arrived slightly late.
As soon as he entered, Lu Shijie went up to greet him, showing extra flattery. Several major shareholders of the Lu Corporation also stood up to greet him, being attentive and considerate.
Lu Zhiyuan coldly stared with his eyes, remaining silent, while Chen Rushi behaved in a gentle and moderate manner, bringing a warm breeze wherever he went. The one who held power in the Black Hawk Group, Third Master, was like a dragon, rarely seen but mysterious. The one everyone knew better was his second-in-command, Chen Rushi. He was the head of the Chen family and took over all external affairs for the Black Hawk Group. Everyone in the financial circle knew Chen Rushi, but they didn’t know about the Third Master.
Lu Zhiyuan chuckled, “This is the shareholders’ meeting of the Lu Corporation, but if you didn’t know, you would think it’s the shareholders’ meeting of the Black Hawk Group. It seems Mr. Chen is the one everyone favors. It’s just a matter of time before the Lu Corporation falls into the control of the Black Hawk Group.”
The Lu Family shareholders felt embarrassed. In the business world, it was necessary to use pleasant words and put on a show. They also knew in their hearts that Chen Rushi was manipulating Lu Shijie behind the scenes due to the circumstances. For their own interests, they would say flattering words, but no one would expose this thin layer of deception like Lu Zhiyuan.
After all, he was the Third Master of the Lu Corporation, the only legitimate heir. The shareholders felt embarrassed but didn’t dare to say anything.
Chen Rushi smiled and said, “Young Master Lu must be joking. I am just a small shareholder of the Lu Corporation, participating is the main thing. We, the Black Hawk Group, don’t interfere in the internal affairs of the group.” “Now that everyone is here, let’s begin!” Lu Zhiyuan said indifferently.
Lawyer Yang stood up and read Lu Ze’s will. “The young master does not recognize this will, as it is subject to legal procedures. Therefore, Mr. Lu Ze’s 43% share is considered to have abstained. The remaining shareholders will elect the new chairman of the Lu Corporation. The one with the largest shareholding will win. Young Master Lu, Third Master, any objections?”
“I have no objections!” Lu Shijie said firmly, confident of his victory. He stood up and said, “Dear shareholders, I am Lu Ze’s eldest son. After graduating, I worked in the grassroots of the Lu Corporation for three years. After being promoted to the general manager of a subsidiary company for a year, I joined the group and have been involved in the management and operations of the group. My achievements are well-known. Today, my father unfortunately passed away, and 1 feel deeply saddened. Before his death, my father left a will, appointing me as the successor of the Lu Corporation. 1 am the rightful heir and have the ability to manage the company, ensuring the interests of all shareholders.”
The shareholders nodded in approval and were satisfied.
Lu Zhiyuan’s lips curled up as he took out a report. “What projects have you accomplished during your time at the grassroots level of the Lu Corporation? 1 have investigated your records, and the two projects you were in charge of both ended in failure. During your tenure at the subsidiary company, although the company’s profits increased by 30% in one year, it decreased by 40% compared to the previous year. When you were transferred back to the headquarters, it was my father who worked day and night, while you only executed his commands. 1 doubt your ability to be the chairman. The Lu Corporation should be entrusted to a suitable manager, and the most suitable one will have a chance!”
The shareholders were in an uproar!
Lu Shijie was also anxious. The shareholders who were leaning towards him were now hesitant.
Lu Zhiyuan’s move was brilliant.
Everyone thought that if he became the chairman, he would manage the company, but they questioned Lu Zhiyuan’s managerial abilities. However, if he wanted to select a manager, then everyone had a chance.
“I have no interest in managing the company.” Lu Zhiyuan smiled. “But in just five years, the Global Sports Center has become one of the few international sports companies, creating numerous sports superstars and generating a net income of 5 billion US dollars annually. So, if the Lu Corporation is handed over to me, why would it go bankrupt?”
Chen Rushi chuckled and said, “Young Master Lu, if 1 remember correctly, the Global Sports Center was supported by the funds of the Lu Corporation. It wasn’t built from scratch by you. It is a subsidiary of the Lu Corporation, developed with the backing of the Lu Corporation.”
“So what?” Lu Zhiyuan shrugged, displaying dominance and confidence. “My father treated all his sons equally. He provided startup capital to Lu Shijie as well, but he was incapable and squandered the initial funds.”
Lu Shijie was furious. “You’re talking nonsense! This is slander, Lu Zhiyuan. You’re not convinced by father’s will and spouting nonsense..”