Chapter 216: Chapter 214: Learn to Fight Back (7) Wan
Quan gets a big slap in the face at the board of directors!
Translator: 549690339
The highest conference room of the Xin Group.
At that moment, everyone seemed to be stunned by Xin Zaozao’s voice.
Xin Zaozao stood up, her expression cold, “Since when did board decision-making meetings end with the board members?”
Even though many people were dissatisfied with Xin Zaozao, from a basic professional standpoint, this behavior was indeed inappropriate.
Xin Zaozao said, “Please, directors, stay.”
“The meeting has made all the decisions it needs to make, what else is there to discuss, Xin Zaozao, you are just waste our time!”
“Talk about wasting? I feel you are wasting my time.” Xin Zaozao looked at Wan Quan, her face very cold.
“Xin Zaozao!”
“Secretary Yan.” Xin Zaozao called Yan Quan.
“Yes, Chairman.” Yan Quan stepped forward, “According to the eighth chapter of the Group Management Regulations, all meetings are started and ended by the highest leader participating in the meeting. If someone leaves without permission in the middle, they can be penalized to various extents according to the seriousness of the situation, with the most severe consequence being dismissal.”
“Xin Zaozao, you’re threatening me!” Wan Quan gritted his teeth, “I hold shares.”
“According to the third chapter of the Group Management Board Members Management Regulations, board members can decide on major group projects through voting, but they cannot form factions to premeditate decisions on projects. Furthermore, they can’t bribe group members to question or even insult the chairman with words. If any of the above situations occur, the chairman has the right to ask board members to leave the board, and no longer participate in the board’s work.”
Wan Quan stared fiercely at Xin Zaozao.
“The most important regulation is that the chairman is appointed by the person with the majority of shares, and when the majority shareholder does not voluntarily resign, other board members have no reason to ask them to resign from the chairmanship.” Yan Quan stated these words with force towards all the board members, “Above all, please remember, directors!”
Wan Quan looked very upset, but she still did not leave at this moment.
The other board members don’t dare to leave either, all holding an attitude of wait-and-see, fearing being the one to be targeted.
Xin Zaozao said, “If you want to finish the meeting standing up, I don’t mind.”
She turned and walked towards Yan Quan.
At this moment, Yan Quan prepared a PPT for the meeting and gave her a remote controller.
Xin Zaozao said, “The board decision -making meeting is not, as Director Wan thought, where everyone just needs to express opinions. The rigor of the board meeting is that making such a decision without an in-depth understanding of a project, I question your work attitude.”
“Xin Zao…” Wan Quan was so angry that she was shaking.
Xin Zaozao didn’t give her any time to speak, she pointed to the PPT with the remote control, “This is a specific cooperation proposal from the Hengda Group to us. Hengda’s sincerity is indeed great and undoubtedly, it has more competitiveness than MRW, which is a company under Director Wu.”
“So you know it, everyone knows it, and you still want to make a show! To flaunt your position?!” Wan Quan harshly said.
“Director Wan, considering it’s your first time in a job, and there is a lot you don’t understand, this time I won’t bicker with you. But please remember that in the workplace, there is no age, no qualifications, no selling of seniority, everything is arranged according to positions… ”
“Xin Zaozao, you’ve flown too high…”
“Please call me the chairman.” Xin Zaozao emphasized every word.
At that moment, Wan Quan wished she could tear Xin Zaozao apart.
Xin Zaozao simply did not care about her at all, “If someone insists on interrupting me and wasting everyone’s time, please do not attribute the responsibility to me, I want to get things done quickly.”
Wan Quan was so angry that she was shaking.
Xin Zaozao, when did Xin Zaozao become so assertive.
She knew Xin Zaozao was different now, but when dealing with her normally, she only avoided her, most of the time Xin Zaozao was silent. This moment, in front of so many board members, she was so pressing and made her repeatedly lose face, even the unpalatable words, in such an occasion, she could only hold back and not say them out loud.
She gritted her teeth.
She was eager to see what Xin Zaozao was up to!
Once the project was confirmed, she would be able to ally with Hengda Group and collude with several directors to make Xin Zaozao lose everything she invested!
Xin Zaozao said, “One of the directors just mentioned that Hengda Group is already perfect. We should cooperate with them to build a golf resort. However… I have a better option.”
With those words, everyone was looking at Xin Zaozao so fixedly, hardly believing her.
“Why not take a look at the next cooperative plan I am about to introduce.” Xin Zaozao started, “This is a proposition their group offered to cooperate with me. We have limited time, so let me get to the point. First, although we initially saw the golf resort as a scenic entertainment development, their plan is to build it into an international community. Simply put, the golf resort is just a part of this community. We will occupy a land area three times larger than the resort to expand into a villa area, high-end residential buildings, royal equestrian facilities, etc. An artificial lake will also be created to build the villas on.”
“Secondly…”
“Chairman Xin, you seem to have forgotten that building the golf resort alone is already straining our funds, let alone creating an international community. While it sounds good in theory, you have to consider its practical feasibility!” Director Liu Wudong said sarcastically.
“Secondly.” Xin Zaozao didn’t even respond to Liu Wudong. She continued, “The condition given by this group is that we only need to fund the golf resort with the original budget; they will cover all costs for the additional projects. The profit will be shared equally.”
“You must be dreaming!” Yu Feng also couldn’t help but scoff, “Do you think business is like playing house? Do you know how much money ‘all costs for the additional projects’ implies?”
“120 billion flame coins.” Xin Zaozao announced the figure.
“So, he must be crazy, right?” Yu Feng said, “We’re only willing to invest a maximum of 40 billion, but he’S ready to play with a total of 160 billion, including the 40 billion we would have originally invested, and the profits will be shared equally? Chairman Xin, do you think your face is bigger than others? Or maybe you’re the most beautiful woman in the world!”
Everyone present thought what Xin Zaozao said was more like a bedtime story.
“If I tell you that there is such a person who plays along with me, will Director Yu unconditionally approve this project?” Xin Zaozao asked.
Yu Feng spoke frankly, “Chairman Xin, forget about only investing 40 billion, we would even be willing to increase our investment to 80 billion on such a large development project.”
In fact, it was simply impossible to believe that such a fantastic thing could happen.
“If you can actually negotiate such a project, not only will I give you my full support, I’ll even call you uncle!” Liu Wudong chimed in, his face full of mockery.
The conference room was filled with mockery towards Xin Zaozao.
Everyone agreed that Xin Zaozao was daydreaming!
Wan Quan sneered, “Chairwoman Xin is really capable, managing to swap 40 billion for a 200 billion project, and even achieving equal profit sharing! If you really have such ability, it’s not only about us supporting this project, I’ll blindly support you from now on!” Once he finished speaking, the entire room burst into laughter.
Xin Zaozao was utterly daydreaming!
This ignorant young girl, Xin Zaozao, thought that because she became the Chairwoman she could do whatever she wanted, as if business was as simple as she imagined. The people in the business world are cannibals, striving to maximize their own interests, surely they wouldn’t make a losing deal! Looking over the many years of Jin City’S business economy, there was never such a precedence.
None of the directors present believed Xin Zaozao’s nonsense.
There was a large portion of them who were looking forward to her making a fool of herself.
“So…” Zhan Ziwen said, his tone utterly mocking Xin Zaozao, “Can you tell us now who this sucker is?
Who is so crazy to have so much leftover cash that they want to give a helping hand to Xin Corporation! Who wants to ingratiate you, Chairwoman Xin Zaozao!”
“It’s me.” The door suddenly opened.
A deep voice came in from the door.
Subsequently, a middle-aged man dressed in a black suit appeared in the meeting room of Xin Corporation.
He was tall and firm, his presence very strong; even though he was smiling upon entering the conference room, he was still exerting a strong oppressive aura. He said, “That sucker is me, Ji Yunlei from Jihong Group.”
“… “At the scene, there was an uproar.
Everyone thought they were seeing things.
Everyone’s eyes were tixed straight on Ji yunlei.
Ji Yunlei had Ji Baili by his side. Ji Baili looked at Xin Zaozao and smiled at her.
Xin Zaozao gently smiled back.
Nobody else saw the interaction between them.
Eyes full of disbelief were fixated on Ji Yunlei.
Ji Yunlei approached Xin Zaozao, “Zaozao, give me this.”
Xin Zaozao quickly handed over her handheld remote control.
Ji Yunlei said, “Chairman Xin must have already told you all about our Jihong Group’s plan to cooperate with Xin Group on this international community project. I don’t mind delaying your time to explain further. First, Jihong Group will invest 16 billion, to construct this project, while Xin Group only needs to invest billion, yet the profit after completion will be split 55/45. Second, the land for this golf resort project will be provided by the Xin Group, while three times more land has already been obtained by my company, Jihong Group, and approved for immediate development. Lastly, you may all be wondering why I would undertake this project. As a businessman, it does seem insane to make such a concession to commit to such a cooperative endeavor.”
Everyone frowned at him.
Any other group might suspect they are being swindled, but not the Jihong Group.
The Jihong Group, as the head of the three consortia, boasts an astonishing amount of capital, a solid status, and a high reputation, they wouldn’t harm their own interests.
The directors that had always indulged in talking big originally intended to reject this project using the many excuses of insufficient capital or poor reputation of whoever agreed to participate. At this moment, though, they were left speechless by the Jihong Group.
“There’s no harm in telling the reason, regardless of whether it amuses you all,” Ji Yunlei said, “My son, Ji Baili, is not getting any younger. His mother has always been worried about him not finding a girlfriend. Now that he has found a girl, as a superior, I should be supportive, and I believe, as parents, you can understand how I feel.”
At that moment, everyone turned their gaze on Ji Baili.
Slowly, their eyes fell upon Xin Zaozao.
It seemed as if they had understood something.
“There’s no harm in mentioning it here. It’s something that will be announced sooner or later anyway. Ji Baili and your Chairman Xin Zaozao are getting engaged on the 22nd of next month. Zaozao is a good girl, we, the entire family, truly like her. Now that the young ones are getting engaged, I, as a
senior, naturally need to show the sincerity of the Ji family. I won’t allow anyone to say I’m taking advantage of Zaozao. Zaozao’s father has passed away. As a superior, I should give her more care and attention. This project is an engagement gift I am gifting Zaozao.”
The room again burst out into an uproar.
So that’s how it is.
So that’s how it is!
No one would have suspected it was for this reason.
And immediately, everything amazingly fell into place.
There’s no denying, Jihong Group definitely won’t suffer any losses. It appears they have put in a lot of money at present. But Xin Group, or rather Xin Zaozao at the moment, when these two families get married, the benefit will certainly outweigh the current loss. As expected, this is just business.
“I won’t delay you any further,” Ji Yunlei said in a very polite manner, “It’s not the norm for me to appear in occasions like this, but I didn’t want all of you to distrust Zaozao, hence I came to explain. Actually, we are already dealing with each other and we all recognize one another, hence I have a small request that I hope the directors can help with.”
Zheng Feng immediately flattered, “Chairman Ji, you are modest. Just say whatever you need, if there’s anything I can do, I definitely won’t shirk.”
“I won’t stand on ceremony then,” said Ji Yunlei, “Zaozao is quite young, a 23-year-old girl sitting in this position is not easy. There are many areas she does not understand, so I hope the directors can provide her with a little more support and assistance. In the future Jihong Group and Xin Group will be one family. The two groups developing together will certainly add grace to beauty. I hope you can all give Zaozao extra help.”
“Chairman Ji, be assured. I will definitely do everything I can to help Chairman Xin,” Zheng Feng immediately took sides and flattered boldly.
Two other directors promptly switched sides.
In the end, only Wan Quan and three other directors who had always followed Wan Quan remained silent, unable to voice their stand.
Ji Yunlei didn’t say much, the ones in business understood well, “Then, I won’t delay you all further.” Saying that, he left directly.
Ji Baili took one more look at Xin Zaozao, followed his father, and as he left he made a hand gesture, indicating her to call him later.
Xin Zaozao nodded.
As she nodded, the doors of the boardroom were closed.
She faced the directors in front of her, asking, “So, about this project, what will be your decision?”
At this moment.
All the directors, who were originally standing, one by one, returned to their seats.
Wan Quan and the three other directors looked extremely out of place standing there.
Liu Wudong spoke to Wan Quan, “Let’s sit down.”
Wan Quan sat down with an extremelv bitter expression.
Xin Zaozao also sat down in her own position, giving a sign to Yan Quan.
Yan Quan got the message and stepped forward, “May I ask the directors to cast their votes now.” Zheng Feng was the first to voice his stance, “I support the merger with Jihong Group.”
“Me too,” Wu Qiang echoed.
Afterwards, quite a few directors also echoed the sentiment.
Yan Quan looked at Wan Quan, “Director Wan?” Wan Quan’s expression was extremely bitter.
“Director Wan, please voice your stance.”
“Do I need to voice my stance? With so many people in agreement, does it matter whether I agree or not?!” Wan Quan remarked sarcastically.
“Director Wan, since you are new here, you might not be aware. Director’s meeting decisions require each director to cast a vote. We are a democracy,” Yan Quan seemed to kindly remind.
In fact, he was just reveling in her humiliation.
All the people present knew the objective of her visit today. Everybody was waiting to see her performance, yet now they see Xin Zaozao firmly slapping her in the face.
At the moment, she simply wished she could kill Xin Zaozao.
“I abstain!” Wan Quan said, through gritted teeth.
“So what Director Wan just said about supporting this project wholeheartedly if it comes to fruition was probably just a casual remark.” Xin Zaozao looked at Wan Quan, her tone indifferent, but the words were very piercing.
Wan Quan’s face turned extremely bitter.
“Also, what was said about wholeheartedly supporting me was just casual talk as well. It’S fortunate that there is no law in Yanshang Country about keeping one’s word, otherwise, I suppose Director
Wan would be facing a lawsuit.”
Xin Zaozao’s words, sharp and full of sarcasm.
Wan Quan ground her teeth helplessly.
She was, in fact, being openly humiliated in this way by Xin Zaozao..
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