Chapter 1290 Revenge 14

Several other shareholders are also very angry about Zheng Yutong's actions. Although your Zheng family is the major shareholder, you can't not even say hello. Isn't it too disrespectful to them? It's true that the Zheng family is the founding shareholder, but when it comes to tens of billions of capital mortgages, they decide it themselves and don't say anything afterwards; they don't even show basic respect, which is really too much.

Zheng Jiachun knew that he must not let his father take action at this time; as the eldest son in the family, it was time to take responsibility. So he said directly: "First of all, I don't know where you two got the news. At least HSBC and the Bao family didn't announce it, and the Zheng family didn't say anything; the legality needs to be investigated. Secondly, even if the thing is true, it is still a dark cloud. What happened before the group and Hutchison Whampoa became board members did not have much to do with the two."

"And the Zheng family has absolute control and management rights over New World Real Estate Company. No matter what decision is made, it is no big deal. As long as it is beneficial to the development of the company, no one has the right to interfere."

Hearing his son's answer, Zheng Yutong and his wife were still very pleased. It seems that this kid has finally grown up and knows how to take responsibility. And he has made great progress in recent times. It seems that he should be given more responsibilities in the future.

Zheng Yutong and his wife are 60 years old and have reached retirement age according to the law. It's just that the company is owned by the family, so as long as it can still be moved, it can be done at any time.

Now that the eldest son has matured, we really need to give more opportunities to the younger ones; he always occupies power and refuses to let go, and the son has no room to develop.

Huo Jianning said with a smile: "Director Zheng seems not that familiar with the laws and regulations of listed companies. Any listed company that makes major decisions should make an announcement to the market as soon as possible. Although our two companies are mortgaged in the Zheng family exhibition The board of directors came after the center and Xiangjiang Island Center land."

"But that's because the Zheng family has concealed major events. If we knew that the core assets had been mortgaged to the bank and were not used for the company's own development, then we would never hold shares in New World Real Estate Company."

"And even if we have no right to intervene, with so many directors present, could it be that the Zheng family treats everyone as fools? Although New World Real Estate Company was founded by the Zheng family, it does not fully belong to the Zheng family now. Even if the Zheng family holds 99% of the shares %, still can’t be said to completely belong to the Zheng family.”

Just when Zheng Jiachung wanted to refute, a director did not give him a chance and said directly: "Chairman Zheng, I invested in New World Real Estate because I believe in your character. If you can prove your innocence, then everyone can make peace and make money. Even if No matter how powerful Bao Zixuan is, he can't interfere with New World Real Estate's affairs."

"But if the Zheng family really wants to use New World assets as collateral to help other companies tide over difficulties, then they must give everyone an explanation."

"Although the Zheng family is the founding family and controlling shareholder of New World Real Estate, the company does not entirely belong to the Zheng family now. Although we have small shares, we still have interests in New World Real Estate. In addition, unlike Chairman Zheng, whose family has a big business, New World Real Estate If something goes wrong with World Real Estate, no one will be in trouble."

The speaker's surname is Lin, and he belongs to the Lin family of a wealthy and prominent family in Xiangjiang; but he is not a direct descendant. However, no super family in Xiangjiang would dare to underestimate the Lin family. The Lin family is very united and there are many rich people.

Even if you agree, you still need to seek other people's opinions when making decisions. It's just that this time the incident happened suddenly and it was for my own personal gain, so I didn't inform him. Thinking of selling the Convention and Exhibition Center and Xiangjiang Island Center land directly to the Bao family and HSBC in the worst case, there are always more difficulties than solutions.

Now that the Heiyun Department is keeping an eye on him, and even the Lin family has come forward, things will be very difficult to handle.

Zheng Yutong: "Director Lin, we did make a mortgage regarding the Convention and Exhibition Heavy Industry and the central land of Xiangjiang Island. Because the incident happened suddenly, I haven't had time to explain the situation to everyone. But it is not entirely for the other properties of the Zheng family. I, Zheng Yutong, am not that shameless. "

"The mortgage of the Convention and Exhibition Center and Xiangjiang Island Center Land is indeed to help the rare earth mineral company repay the maturing bonds. But at the same time, we are not without any benefits; in the future, the land surrounding the Nanyue Rare Earth Minerals will belong to New World Real Estate Development. Xiangjiang's Development has encountered bottlenecks. But China has a vast market, so the two companies are helping each other; if you don't show sincerity, who will give you the business directly. "

I didn't expect that Sha Dantong would be so shameless, and he would say the matter of turning his left hand over his right hand so confidently; all the directors sitting here were also drunk.

There is no good way, I can only bite the bullet and keep talking, maybe even I won't be able to convince myself.

Yuan Tianfan said with a smile: "What Chairman Zheng said is really high-sounding, but what is the rare earth mineral industry in southern Guangdong now? I don't think you don't know. The company's past investment direction in mainland China may be right, but why should we help the rare earth mineral company clean up the mess? .”

"We cannot lose the interests of shareholders just because it is also the property of the Zheng family. Moreover, doing so violates the listed company law. There is nothing to say, it is best to keep things official. Now that we have discovered it in time, we can reduce the loss to as low as Minimum. Otherwise, when the loan expires, the Zheng family will not be able to get the money; how can we let all shareholders bear this loss?"

At this time, another shareholder also echoed: "What Director Yuan said is still very reasonable. Now that we have discovered it in time, we will accept even some losses. But after the loan expires, not only the Convention and Exhibition Center and the Xiangjiang Island Center land will be taken away , maybe each of us will have to spend money to fill the company's loopholes."

"Chairman Zheng cannot implicate the company because of his personal affairs and let everyone bear the losses together."

Hearing what the two directors said, the Zheng family knew that these people had already sided with Heiyun. But think about it, after all, things have been going wrong for the Zheng family recently. Moreover, Bao Zixuan is so powerful that no one wants to hug his thigh.

Zheng Jiachun didn't want to swallow this breath. If it weren't for the Zheng family, these directors would be able to live the life they have today. It can be said that everything they have is given by the Zheng family. Now that his wings are strong and he has a stronger backer, he dares to openly question his father's decision, which is absolutely intolerable.

Zheng Jiachun: "Dear directors, don't forget; without the Zheng family, would New World Real Estate Company be as big as it is today? From its establishment to now, New World has been growing every day for more than ten years. All of this is It’s because of Chairman Zheng Yutong’s foresight, conscientiousness and hard work.”

"It is true that the Zheng family has mortgaged the central land of Xiangjiang Island and the Convention and Exhibition Center, but so what. Can't you see the past friendship and the fact that you have made so much money before, and you are so arrogant!"

"Looking back at what you have done to New World Real Estate; apart from annual dividends and fixed salaries, it seems that nothing has been done. It can be said that the Zheng family has supported you for so many years. When Bao Zixuan of Heiyun Group took over New World Real Estate, it was originally You have bad intentions; can’t you even see this!”

"If the Zheng family is in power, you can still keep your shares; but if Heiyun takes over, then everyone may have nothing left. I don't want to say more, you can think about it for yourself."

Zheng Jiachun's words made many people feel disgusted. After all, no one can stand the idea that the company's development is entirely attributed to Zheng Yutong, as if they were being raised in vain. But then again, will they really benefit from Heiyun taking over the new world?

Huo Jianning did not give the other directors a chance to think, and directly replied: "Director Zheng, it is not about who supports whom. As for Heiyun Group taking over, it is even more nonsense. After all, we are just a shareholder of the company. We will buy some if the stock price is low. That’s all; I’ve never thought about company management rights.”

"The top priority is to find out why Chairman Zheng hid it from the shareholders. He mortgaged the Convention and Exhibition Center and the core land of Xiangjiang Island, and the loan proceeds were not used for the development of New World Real Estate Company."

"A businessman who only thinks about the interests of himself and his family is not suitable to be the chairman of a listed company at all. So what I mean is that Zheng Sheng must resign as the chairman of New World Real Estate Company and Director Lin will take over."

"Although the Zheng family is the largest shareholder of the company, the board of directors has the right to remove the chairman of the board of directors if he commits a major fault or seriously damages the interests of the company."

"At the same time, an investigation team should be set up to conduct a comprehensive investigation of this loan mortgage. Find out what's fishy in it. After all, this is related to the core interests of all shareholders and the majority of shareholders."