Chapter 881 Ruan Zeyan’s Decision (4)

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However, this time, Lao Wu's calculation was wrong. Not only did Mrs. Ruan not relent, but she even became more disgusted with Lao Wu.

It is true that this incident was too vicious. Not only was Lao Wu calling Qin's sister-in-law, but Lao Wu was also helping Ruan Guosheng to seize power and frame Ruan Qishan and her.

These are all matters of principle. If Mrs. Ruan is soft-hearted on such matters, she will truly feel sorry for the late old man.

"Lao Wu, is it too late for you to say this now?" Old Mrs. Ruan's voice was indifferent, without a trace of emotion.

Lao Wu was anxious and stood up quickly. Due to his age, his body was still a little swaying. It was easier to stand still. He kept saying, "It's not too late! It's not too late!"

Ruan Zeyan glanced coldly, ignored the emotional Lao Wu, and said loudly to all the shareholders and tribesmen present, "Just in time, everyone is here, I have something to announce."

Everyone held their breath, waiting for Ruan Zeyan's next words. They had a hunch that it must be a big thing.

Ruan Zeyan's face was stern, his sharp eyes swept over everyone present, and he said calmly but firmly, "Now, in the name of the president of Yuanteng Group, I announce that Yuanteng Group has officially entered the privatization process."

Privatize!

Such news is like thunder to the small shareholders present.

The privatization of the company means that Ruan Zeyan will take back the stocks scattered in the hands of shareholders, thus reducing the number of shareholders. Turn the company into owned by several major shareholders, or directly owned by Ruan Zeyan alone.

In this way, Yuanteng Group will completely become the private enterprise of Ruan Qishan and Ruan Zeyan.

Ruan Qishan looked at Ruan Zeyan with the same shock. Obviously, he didn't know that Ruan Zeyan would make such a decision. But after a moment of shock, Ruan Qishan began to agree with Ruan Zeyan's actions.

Only by doing this can the emergence of people like Ruan Guosheng be eliminated from the root.

By privatizing a company, there will be no power struggles among shareholders, which will reduce a lot of disputes.

However, it is not easy to privatize a company, which in itself is a concentrated expression of disputes.

When Lao Wu heard that Ruan Zeyan wanted to privatize the company, he was the first to object, "I don't agree! Qishan, Zeyan, although you and your son are the major shareholders of the group, you also occupy the important positions of chairman and president. However, This privatization must be approved by us shareholders and the board of directors, right? I don’t believe it. Which shareholder here can agree to this!"

Are you kidding? It goes without saying how valuable Yuanteng Group's shares are. Almost all the shareholders and clan members present are supported by Ruan Zeyan and the group, and live a pampered life.

Once Ruan Zeyan privatizes the company, they will not be able to enjoy the company's benefits and dividends, which will be a devastating blow to them.

Lao Wu didn't believe that anyone would agree to this. Wouldn't this be tantamount to cutting off his own path?

"I agree!" At this time, Director Geng spoke first and expressed his agreement, "The shares in my hand were originally given to our family by the old man for free, and I also inherited them from my father. This was originally the property of the Ruan family. What’s wrong with returning it to the Ruan family?”

Director Geng's words made Lao Wu so angry that he said bluntly, "If you exchange the shares back, how will you make a living?"

Director Geng chuckled, "Uncle Wu, you can't be too greedy. The shares are not returned in vain. The company will always compensate me according to the price. Moreover, even if I am not a director or shareholder, I still have a position in Yuanteng , the annual salary given to me by the company alone is enough for me to continue living my original life.”

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