Chapter 1070 Someone in the Company Is Causing Trouble
Shi Lei and Wei Xingyue had dinner relatively early, so after struggling for so long, it was only around nine o'clock in the evening.
Shi Lei picked up the phone with wet hands and chose to answer it.
"Brother Shi Qiang, what's going on so late?" Shi Lei asked.
Shi Qiang was stunned for a moment, probably looked at the time, and breathed a sigh of relief and said: "Oh, I forgot the time after the meeting. Fortunately, it's only about nine o'clock. There's nothing special, except for you. The shareholders all urged us to hold a shareholders’ meeting today about our Series C financing. Because I said that you and I must have the same opinions, I didn’t ask you to come to the meeting at all.”
Shi Lei immediately understood that this was because shareholders were dissatisfied with the company's recent operating conditions. Some shareholders may be worried that the current market valuation has reached its peak. If we do not take advantage of this good time to launch the C round, subsequent valuations will be lower. As other companies of the same type continue to make efforts, there has been a decline.
However, Qixuan has only experienced two rounds of financing, and the share structure is very simple and clear. Shi Lei is still the company's absolute majority shareholder. After two rounds of financing, he retained more than 35% of the company's shares after dilution. The other major shareholder of the company is Dong Chiqing. He has never been involved in the company's specific affairs. Shi Lei makes all the decisions.
The two held more than 70% of the shares, and of the remaining less than 30%, Shi Qiang and Yu Banzhi, plus Zhao Di's team, which held more than two points, accounted for nearly half. Even if the remaining shareholders join forces, they are not enough to propose a shareholders' meeting.
There's something fishy about this.
Could it be that Dong Chiqing is interfering in the company's affairs?
"Did Dong Chiqing intervene?" Shi Lei asked.
Shi Qiang said quickly: "Master Shi, you probably don't know that Dong Chiqing has transferred all the shares in his name to Xu Zhida..."
Shi Lei was stunned for a moment, then remembered that Dong Chiqing planned to hand over Qixuan's shares to Xu Zhida, but even so, there shouldn't be any problems.
However, Shi Qiang's words were clearly telling Shi Lei that this shareholders meeting was initiated by Xu Zhida.
"Xu Zhida has no reason to do this. He should be very aware of your methods. Besides, isn't he in London now?"
Shi Qiang sighed and said: "He is indeed in London. This shareholders' meeting was exactly what Xu Zhida requested. Moreover, he handed over all the resolution rights to a team of lawyers to execute it on his behalf. The team of lawyers came up with All legal documents were obtained, confirming that they indeed have this qualification.”
"You haven't looked for Dong Chiqing?" Although Shi Lei couldn't understand Xu Zhida's behavior, he believed that Dong Chiqing would not cause trouble with him. If it didn't work, he could solve the matter immediately by looking for Dong Chiqing.
"I've looked for it. Xu Zhida called me and asked Qixuan to start Series C financing immediately, so I contacted Mr. Dong. However, Mr. Dong told me that since he had transferred the shares to Xu Zhida, he would not care about us. What I think in my heart is that Xu Zhida is the major shareholder of Qixuan. Therefore, Xu Zhida can decide how to deal with this matter. "
Shi Lei asked again: "In other words, at the shareholders' meeting, you will implement my opinions on your behalf. Coupled with the shares of you and Brother Yu, as well as the shares of Zhao Di's team, you still failed to win the shareholders' meeting in the end. So, that means that all the other investors who hold shares are on Xu Zhida’s side, right?”
"Yes. So, after I ended the meeting, I called you immediately without looking at the time. This is a bit unusual."
Shi Lei thought for a while and said: "Don't be impatient for a moment. It's time to go home. Anyway, you have made the financing plan a long time ago. You must be working very hard today. Go home and rest first. I will do it tonight if I am quick, and I will do it if I am slow." I will definitely give you a satisfactory answer tomorrow.”
Shi Qiang immediately said: "Master Shi, this matter is too abnormal, so I suggest you solve it as soon as possible to avoid long nights and dreams."
"good."
Shi Lei hung up the phone and returned to the bathroom. Seeing that something was wrong with his expression, Wei Xingyue asked, "What happened?"
While Shi Lei was taking a shower, he told Wei Xingyue what Shi Qiang said.
Wei Xingyue immediately frowned after hearing this and said: "What is Xu Zhida doing? Is he showing his existence? Why doesn't Dong Chiqing stop him? Shi Lei, you have to be careful, there may be something going on here. If you don't make trouble, you and Shi Qiang will be kicked out."
Shi Lei said with relief: "It shouldn't be the case. If Dong Chiqing had any second thoughts, at the beginning..."
Wei Xingyue interrupted Shi Lei's words and said seriously: "No one would have thought that Qixuan could get a round of funding from the mere tens of millions of investments from you two in just one year, and now it is just preparing to raise Series C. A valuation of 15 billion. This is more than 2 billion US dollars. Everyone can see clearly that if Qixuan continues to develop like this, it will definitely not get a cent of investment rights without a valuation of 50 billion. After listing, it will at least be a company with a scale of 100 billion U.S. dollars. If Qixuan UK goes so smoothly, it will soon ignite the global Qixuan model. Shi Lei, you are just around the corner. Don’t take it lightly!”
Only then did Shi Lei realize that the situation was serious. He hurriedly took a shower, dried himself hastily, ran out, naked, and called Dong Chiqing.
"Hey, Mr. Shi, do you still remember me?" There was a woman singing over Dong Chiqing's side. There was no doubt that this guy was in KTV again.
"When did you transfer the shares to Big Mamba's name?"
"It's just a formality after the New Year. Didn't I say hello to you in advance?"
"But Big Mamba used your shares to convene a shareholders' meeting. Why didn't you stop him."
Dong Chiqing smiled and said: "Master Shi, although he is holding this thing for me, since I have given it to him, I have to choose to support him. I don't know what he thinks, Shi Qiang came to me At that time, I asked him afterwards, and he explained the current situation to me in detail. I personally think that the difference is not more than a few days, or a few hundred million. When a company reaches this stage, it will cost a few baht. With a valuation of 100 million, it would be meaningless for Da Mamba to think that I don't trust him enough. Moreover, I think that with your control of the company, Shi Qiang is the CEO, and Da Mamba supports you. It is also unlikely that there will be enough support to convene a shareholder meeting..."
"But now that he has won, he has united all other shareholders. Even in Zhao Di's team, only Zhao Di supports Shi Qiang, and everyone else under him supports Mamba."
After hearing this, Dong Chiqing was also stunned. He quickly smiled and said: "You don't suspect that I am up to something, do you?"
Shi Lei said seriously: "You let me have no doubt at all. This is impossible."
Dong Chiqing became serious after hearing this.
He obviously walked out of the private room, and the noise on the phone was much less. He said: "Master Shi, if we don't talk to each other, I know very well that if I were the one in charge, Qixuan would not be able to do it so quickly. This scale. And I don't have the energy to bother with this. Yes, Qixuan's current valuation is very attractive, and the prospects are even more attractive, but I'm not stupid enough to become an enemy with you. Mr. Shi, you can now. He is no longer the same Shi Lei that he was when he first cooperated with me a year ago. If I try to compete with you, I will only feel that it is not enough. "
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