Chapter 684: Yongle Shareholders' Meeting
"Mr. Chen, I'm Chen Xiao."
A few days later, Chen Yu, the founder of Yongle Home Appliances, finally called Chen Yu.
"Mr. Chen, I've been waiting for your call for several days."
Chen Yu said with a smile.
Although Chen Xiao did not say hello to Chen Yu before, but Chen Yu, one of the major shareholders of Yongle Home Appliances, would have a phone call with Chen Yu no matter what.
"Sorry, Mr. Chen, it's my fault, it's just that it happened suddenly, and I don't know how to explain it to Mr. Chen."
"It's okay, I can explain it now."
Now that the matter has happened, Chen Yu will no longer struggle with why Chen Xiao did this.
He did this, of course, for his own benefit.
"Actually, Mr. Chen, we think that e-commerce is just a virtual concept, and he doesn't help the physical store much. On the contrary, the e-commerce platform always subsidizes the physical store at a low price. Therefore, Yongle suspended the offline delivery mode. For the profit of the store, we also had to do it.”
"Understandable."
Chen Yu nodded, and then continued to ask: "How do you explain the continued suspension of our website's after-sales service?"
"That's what I was about to tell President Chen."
After thinking about it for a while, Chen said: "Mr. Huang from Guomei Home Appliances approached me and proposed the idea of acquiring our Yongle Home Appliances. I agreed, so some after-sales services can only be suspended."
"That's understandable."
Chen Yu also nodded.
Everyone in this world is not stupid.
It can't be explained on Chen Yu's side, but on Chen Xiao's side, it can be completely explained.
It's just that Chen Yu's side was extremely calm, not even angry at all, but Chen Xiao was a little confused. Suddenly, he didn't know how to continue the topic.
You know, before this call,
Chen Xiaoke prepared a series of speeches.
But it seems that none of this needs to be said.
"Mr. Chen..."
"What, is there anything else?"
"Well, one more thing."
Although I don't understand why Chen Yu is not angry at all, Chen Yu still said: "We will hold a general meeting of shareholders next week. Of course, if President Chen does not agree to be acquired by China Magnesium, he can also vote against it."
"I see."
Chen Yu agreed.
Of course, he also knew. Chen Xiao said this because he thought that even if Chen Yu voted against it, it would be useless.
The general meeting of shareholders has always been about whichever holds more shares, and whichever is more important.
Even if Chen Yu occupies 33% of the shares, he can only listen to him, Chen Xiao.
"Then Mr. Chen, I won't bother you anymore."
Chen Xiaozheng was about to hang up the phone, but at this moment, Chen Yu remembered something and asked, "Wait, Mr. Chen, I'm a little strange, why are you willing to be acquired by China Magnesium?"
"how to say."
Chen Xiao had thought about this question for a long time: "I admire Mr. Huang of China Magnesium very much, of course, Mr. Huang also appreciates me. We feel that this kind of competition is not good for both parties, it is better to join hands to make the whole home appliance bigger. President Chen, what do you think?"
"Makes sense."
Chen Yu nodded again: "Then congratulations to President Chen first."
"Thank you."
This is the end of a phone call.
"Sure enough, the merger between Gome and Yongle is about to happen."
Chen Yu sighed incomparably.
This reminded Chen Yu that Chen Xiao almost sold Guomei in his previous life.
That year was actually pretty much the same as it is now.
Guomei Huang Guangyu wants to acquire Yongle to expand the scale, and Chen Xiao also wants to cash out by selling Yongle.
It should be said here that at the very beginning, Chen Xiao hadn't thought about pitting Huang Guangyu.
It was only after Huang Guangyu was imprisoned that he joined forces with foreign capital and wanted to take the controlling stake in Guomei.
If it weren't for the last series of operations by Huang Guangyu in prison, Guomei might not have the surname Huang now.
But now it seems that such a thing cannot happen.
With Chen Yu's intervention, he actually helped Huang Guangyu.
As for who has the final say in the general meeting of shareholders, it will only be known after the general meeting of shareholders is held.
On the same day, after Chen Xiao made a phone call to Chen Yu, in the evening, the news about China Magnesium's acquisition of Yongle officially broke out.
"I said why Yongle suspended the cooperation with Huanyu Technology. It turned out to be a big move."
"Huang Guangyu can't handle Huanyu Technology in e-commerce, but in the physical market, I have to say that few people are his opponents."
"The worst is Huanyu Technology. It spent a lot of money to invest in Yongle, and in the end, it was controlled by competitors."
Several major e-commerce giants have suspended the offline pickup model before, and some do not know why they are doing so.
But now the truth is revealed.
Moreover, as soon as such news was released, a series of hype on the Internet soon followed.
"China Magnesium's acquisition of Yongle, the promotion festival of Huanyu Mall will be cancelled."
"Is the b2c model really suitable for domestic e-commerce?"
"Don't participate in the Universal Mall Promotion Festival, you may not receive the goods for a month."
Although such news is hype, but the effect is not bad.
Huanyu Technology had to issue an announcement saying that the promotion of Huanyu Mall will be held as scheduled and will never be cancelled.
...
"Let's go, Brother Jian, let's go to Yongle to attend the shareholders' meeting."
Chen Yu has a headache after being messed with by these guys in the past few days.
However, Chen Yu did not pay attention to these means.
Although this did cause some trouble for Huanyu Technology, at the end of this shareholders meeting, Chen Yu will let all Chinese people take a look at what is called a reversal.
"Mr. Chen, you are here."
As soon as he arrived at Yongle headquarters, Chen Yu saw Chen Yu waiting in front of the main entrance.
Unlike other companies, Yongle's shareholders are relatively concentrated. Although a general meeting of shareholders was held, there were not many people attending the meeting.
Generally speaking, there are three parties in the general meeting of shareholders.
One of them is Chen Xiao's side.
The other party is Chen Yu, the major shareholder.
Another party is Bain Capital.
At that time, in the initial stage of Yongle, it received capital injection from Beth Capital, so Beth Capital also owned a certain share of Yongle.
"Since it is a general meeting of shareholders, if I, the major shareholder, don't attend, what would it be like?"
Chen Yu smiled happily.
After speaking, he saw Huang Guangyu on the side: "Hey, is this President Huang?"
"Mr. Chen, hello."
"Mr. Huang, you are fine too."
Chen Yu was a little strange: "Mr. Huang, this time seems to be Yongle's shareholders meeting. Could it be that President Huang is also a shareholder of Yongle?"
"Mr. Chen, don't get me wrong, you drive yours, I'll be outside, we'll talk after you drive."
"Oh……"
Chen Yu heard what Huang Guangyu meant.
Then he said to Chen deliberately angrily: "Mr. Chen, you are doing this wrong. Before the shareholders' meeting was held, you invited President Huang over. Those who know will think that you have a good relationship with President Huang, and those who don't know will think that you have a good relationship with President Huang. What insider trading does Yongle have with Guomei?"
"Mr. Chen misunderstood, Mr. Huang came here this time just for a business and wanted to communicate with us. We will open the shareholders' meeting. Mr. Huang, you should drink tea here first."
Chen Xiao hurriedly rounded up.
"Row."
Huang Guangyu was not angry because of Chen Yu's words.
For him, although the general meeting of shareholders has not yet been held, he and Chen Xiao have already discussed it.
The general meeting of shareholders is just a procedure.