The big shots are gathered together. You must know that it is not working time. It is quite laborious to convene a board of directors suddenly and summon all the directors who are looking cool outside in a very short time.
The chairman sat at the top, and the director below asked inexplicably: "Jack, what happened to suddenly summon us here? I'm going to play golf tomorrow, a one-million-dollar bet?"
"I just received an official letter. If you knew the content, I'm afraid you wouldn't have the heart to play golf at all."
Everyone asked curiously: "What official letter?"
"The Huaxing Group that grows flowers sent me an official letter saying that they are breaking the contract and will no longer grant us the authorization for soybean genes."
"If you break the contract, you break the contract." One shareholder said indifferently: "We have many patents from Monsanto, do we still care about his patent authorization?"
Not every shareholder is smart and capable. Some may have inherited the shares from their father. Their main business is eating, drinking and having fun. As long as they can receive enough dividends on time every year, as for the management of the company, they are
Don't ask any questions.
"Edward, you are a waste." Another older shareholder scolded: "Aside from picking up girls and drinking, what else can you do? Since you don't know anything, then don't speak. Since the chairman has held a board meeting, that means
The patent authorization of this gene is crucial."
After the scolding, the shareholder asked: "Jack, tell us, what is the reason? What is this gene patent authorization?"
"Dear Monsanto directors, you all know that our Monsanto has been developing very rapidly in the past two years. The most fundamental reason is that we are unfavorable in the soybean market." Chairman Jack said seriously: "And the reason why we are
We are able to take advantage of soybeans because we purchased a gene patent license for wild soybeans from Huaxing Company at the end of the last century. It is precisely because of this gene patent that we can cultivate high-yielding soybeans. If the other party takes back this patent
If authorized, all the soybean markets we have in our hands will fall apart."
Now, even the playboy just now is anxious. Although he doesn't care about the operation of the group, he still listens to the financial director's explanation every year when dividends are distributed at the end of the year. The majority of profits in recent years include soybeans. If soybeans
If the market collapses, his dividends will be reduced by at least one-third.
The dude was about to speak when he was glared at by the old man opposite and immediately shut up and did not dare to speak.
At this time, the old man asked: "What is the reason why they want to break the contract and not give us authorization? Have you figured this out?"
"I don't know anything. We just received the official letter." The chairman shrugged: "Our CEO is calling the other party, hoping to find out the cause of the matter."
The old man asked: "Can I take a look at that official letter?"
Jack handed the document to the old man. The old man put on his glasses and read it several times, frowning and thinking.
"The other party has demands, and they don't want to breach the contract." The old man frowned at this time: "If they want to breach the contract, they will not be given a one-month buffer period. It seems that the liquidated damages will be paid to our company within a month.
account, but it actually gives us a month to think about how to solve the problem."
"I think so too, so the top priority is to understand the other party's purpose." Chairman Jack nodded: "I called you here because if the other party has any excessive demands, then the entire board of directors needs to vote."
After a while, the company's CEO hurried in, and the chairman hurriedly asked: "Have you figured out the other party's intentions?"
"Dealing with flower growers is troublesome." The CEO frowned and said, "The CEO of the other party did not answer my question clearly. But from what he said, I speculated that it might be related to the default in the soybean futures market."
"Why does Huaxing Group also operate in the soybean futures market?"
The CEO shook his head: "Probably not. They only have one investment company that does angel investment, and they don't have any operations in the futures market."
"That is to say, they didn't have any losses, so why should they break the contract? You know, every year we give them exactly one penny of our sales dividends. They are profitable by cooperating with us."
The CEO shrugged and shook his head: "I don't understand either. Anyway, it is definitely related to the futures default event, but I haven't figured out how it has anything to do with Huaxing Group."
The dude just raised his hand, and the old man across from him stared at him, but seeing that the kid kept raising his hand and didn't put it down, he nodded: "Just say what you have to say."
"I recently made an Oriental girlfriend."
The old man said angrily: "Edward, I have no interest in your affair. Please don't talk about your girlfriend in the boardroom?"
"What I mean is that I learned a little bit about Eastern culture in order to suit others." Edward said with some flinch: "This seems to be called the feelings of family, country and world in Eastern culture. They think that the relationship between country and family is a close relationship.
Inextricably, perhaps because the default in the soybean futures market caused heavy losses to their country, Huaxing Group wants to teach us a lesson."
Chairman Jack nodded: "It's very possible, but I can't imagine that it's not his loss. If he still has huge profits from the cooperation, why did he break the contract?"
The old man shook his head: "I can't imagine it either. But I know an expert on Oriental issues. I can consult him."
The old man picked up a phone, dialed a number, walked to the corner and chatted for a while, then hung up the phone and sat back on the chair.
"Very complicated national feelings, very complicated culture." The old man said with a smile: "I can't understand that it's just a normal economic behavior, but they seem to be invading their country. My friend said that it is probably because of this.
Aroused his patriotic sentiments."
"Six billion US dollars is indeed a lot. I think it is not too much for an industry in a country." Edward frowned: "Although I don't speculate in futures, I heard that it is common for futures to lose money.
Don't say that billions or tens of billions are possible, why is the other party so nervous?"
Jack crossed his arms and was stunned for a while, and then said: "Maybe it's because once the six billion US dollars in liquidated damages are paid, most of the other party's soybean industry will exist in name only."
