Chapter 162 Promoting the merger to create the largest club in the world
Generally speaking, the major shareholder must be more powerful than the second shareholder.
However, there are no absolutes, and specific situations must be treated on a case-by-case basis.
The equity structure of Jinhai Club is as follows: Chen Jinhai holds 45% of the shares, Yang Chen holds 30% of the shares, Zhao Chenglong holds 10% of the shares, Chen Wangyuan holds 6% of the shares, Li Zhengfu holds 5% of the shares, and Wu Han holds 4% of the shares.
The shareholding structure of Jinying Club is as follows. Chen Jinying holds 45% of the shares, Yang Chen holds 30%, and the remaining 25% is equally divided among 5 people including Ge Chuntian, Wang Xiahua, Zhang Qiushi, Tong Lina, and Wu Siji.
From the perspective of equity structure, Chen Jinhai and Chen Jinying must have the greatest say.
However, if Yang Chen can join forces with other shareholders to oppose them, they will lose their decision-making power.
Because according to the company law, the approval of more than two-thirds of shareholders (equity) is required to pass company decisions.
As long as Yang Chen and other shareholders join forces, Chen Jinhai and Chen Jinying will have to give in.
The protagonist who often appears in some overbearing CEO dramas is obviously the major shareholder or founder, but is forced out by other shareholders. The situation is the same as this.
Major shareholders do not have absolute controlling rights and can easily be blackmailed by other shareholders.
Therefore, when many people sell equity for financing, they will enter into an agreement with different rights for the same shares. The equity held by the other party only has dividend rights but no voting rights. This can ensure that the major shareholder or founder has absolute control over the company. However, Chen Jinying and Chen Jinhai did not have this wisdom. When they first competed, they blindly expanded and upgraded. In order to raise funds, they sold up to 55% of their equity to other shareholders, and did not agree that other shareholders would have different rights for the same shares, which left their future open.
Hidden danger.
Judging from the attitudes of customers and employees, everyone hopes that Jinhai and Jinying can merge to become the largest golf club in Longguo.
Other shareholders would definitely have such thoughts, so Yang Chen dared to attack the brothers Chen Jinhai and Chen Jinying at the same time in public.
If other shareholders are on Yang Chen's side, the merger will definitely not be difficult.
If other shareholders do not side with Yang Chen, then as a second shareholder, it is also his legal right to ask the major shareholder to run the company well and not to cause losses to shareholders...
Therefore, Yang Chen's step was not wrong, but it was just a little beyond everyone's expectations.
Chen Jinhai said with a smile: "Mr. Yang doesn't know much about the competition between us, so it's better not to get involved."
Before Yang Chen could speak, customers from the Jinying Club not far away came in force.
The customers of Jinhai Club quickly gathered at the same place, and then they all came this way.
Yang Chen replied with a smile: "I have spent so much money to acquire equity, can I get to know you a little bit? It's not that I want to get involved now, customers can't stand it anymore. You, they are all here. I can
Let’s start with the ugly words. If I lose money because of you two, I will definitely hold you accountable. Deliberately harming the interests of shareholders is also illegal, and I have the right to hold you accountable.”
Now we need to put Chen Jinhai and Chen Jinying on the fire to roast them. Only when they are roasted until they can't bear it can there be hope for the merger.
Chen Jinhai and Chen Jinying both panicked and quickly ran over to greet their own groups of customers.
No matter what they think, they cannot be allowed to see the blood type scene at the conflict scene.
However, both customers have agreed to use this conflict as a breakthrough point and cooperate with Yang Chen in coordinating the merger of the two companies.
Therefore, they didn't care what Chen Jinhai and Chen Jinying said and still stubbornly came to the scene of the conflict.
Seeing that the grass at the scene was stained red with blood in several places, the customers began to use the topic to their advantage.
"Are you two going to end it? Fighting every day, is it interesting? This is golf, not rugby. We are here to experience elegant sports, not to enjoy fighting. Do you think it is appropriate for you to do this every day?
”
"Mad, I have no interest at all. This is the first time I feel that golf is so low. You guys have made me lose interest in golf. Do you know?"
"I don't want to play anymore. Small clubs are boring. Big clubs are full of fights and scoldings every day. It's just a waste of time. Let's cancel the card and let's go to Beijing Reignwood Golf Course to play together in the future."
"I think it's okay, let's cancel the card together."
"I'll cancel it too! If people see it, they'll think that golf is very low-level, just like fighting with street gangsters. I can't afford to lose face. I'll cancel the card!"
"Refund the card! Refund the card! Refund the card..."
……
Not to mention, the acting skills of these customers are very good, and it is completely invisible that they are acting.
Maybe they are really hurt by the competition between the two companies and have long been dissatisfied with them. Now they are just expressing their true thoughts.
Chen Jinhai and Chen Jinying panicked. There were indeed many rich people in Haicheng, but there were only so many people who played golf.
If customers really quit Kara Hei Jinhae and Jinying, these two clubs can close their doors.
Both companies have invested billions of dollars in expansion and upgrading, and they have only begun to make a profit in the past few years. It would be too painful to close down at this time. Not to mention that the money invested before was wasted.
Shareholders certainly cannot give up.
Chen Jinhai and Chen Jinying quickly apologized to the customers and promised that such a thing would not happen again in the future.
But customers insist on requesting a refund of their cards regardless of what they say.
It is definitely not possible to return the card. How can there be any reason to spit out the food that has been eaten?
And the two clubs don’t have that much money to refund everyone’s cards at the same time.
However, customers have the right to request a card refund. This is a clause written in the agreement, and the club cannot refuse.
Therefore, Chen Jinhai and Chen Jinying wanted to delay the cold treatment, saying that they needed a meeting to study before they could give you an answer.
But the customers didn't agree. They asked the club to refund the card immediately, otherwise they would call the police.
Chen Jinhai and Chen Jinying are going crazy, but these are rich people, and they don't dare to do anything to them.
Offending so many wealthy people at once, their time in Haicheng will be over.
Yang Chen said with a straight face: "Boss, Mr. Chen, as a shareholder, I proposed to convene a shareholders' meeting, and the two shareholders met together! This time the two shareholders are facing common problems, and I hope the two shareholders can sit down and discuss
How to solve it."
Customers took advantage of the situation to express their requirements.
"What does this shareholder mean? Do you want to merge the two companies?"
"If the two companies really merge, we will not refund the card! After all, who doesn't want to have a membership in the largest golf club in Longguo?"
"Yes! Will you two merge? As long as you merge, we will not refund the card! If you don't merge, just refund the card. I really can't stand the quarrel between you two."
……
Chen Jinhai: "That's definitely not possible. How can it be merged?"
Chen Jinying: "Yes! I will not agree to the merger!"
"Okay! Return the card to me immediately! Otherwise, I'll call the police!"
"Yes! You must refund the card immediately. This is my right!"
"Besides the solution of merging, there is no other way to reassure me. Your talk of soaring prices has no effect at all, and we will no longer believe it."
……
With customers pressing harder and harder, Chen Jinhai and Chen Jinying had no choice but to agree to convene the two shareholders to sit together to discuss before making a decision.
For the time being, I will try to appease customers. As for how to solve the problem, it will depend on the outcome of subsequent discussions.
……
12 o'clock noon, large box at Peninsula Hotel.
Yang Chen hosted a banquet to entertain all the shareholders of Jin Hai and Jin Ying clubs.
Except for Chen Jinhai and Chen Jinying, everyone else gets along well.
After all, the purpose of everyone's investment is to make money, who is interested in their brother-sister feud?
After three rounds of wine, five flavors of rice.
Yang Chen put down the tableware, wiped his mouth, and said loudly: "The reason why we are all gathered together today is actually for one thing, to discuss the merger of Jin Hai and Jin Ying, to rebuild the glory of the Hai Shang Elite Club and build it into
The most powerful golf club in Long Country. Now customers of both companies are threatening to withdraw their cards. Only merger can change their minds. I spent so much money to acquire the equity of the two companies, not just to accompany you to welcome the two companies.
The club is closed down, I want to make money!
Chen Jinhai: "I definitely disagree! There can only be one person between me and her, there is no possibility of merging and living together!"
Chen Jinying: "It sounds like I am willing to coexist with you. I wish you would die early so that you can apologize to your parents and confess your guilt."
Chen Jinhai: "What crime am I guilty of? It's up to you to plead guilty! Look at how many women around the world come to their parents' homes to compete with their brothers for inheritance? You're too embarrassed!"
Chen Jinying: "I am also my parents' child. When they were sick, I did not pay less or contribute less. When they left, I did not say that I would give you all the inheritance. Whether it is from a legal or moral perspective, I
I have the right to share half of it. Shareholders, please comment, am I right?"
The shareholders of Jinying Club nodded in agreement. Although the shareholders of Jinhai did not express their approval directly, their eyes flickered, obviously supporting Chen Jinying in their hearts.
Nowadays, people's minds are gradually becoming more enlightened, and it is not true that they will not let their daughters inherit the inheritance. They have to give some amount.
If Chen Jinhai hadn't been too greedy and wanted to keep all the family property in his own hands, Chen Jinying wouldn't have gone to court to demand an equal share.
Therefore, in the final analysis, it was Chen Jinhai's own handling of the matter that was wrong, which led to the subsequent grievances.
Chen Jinhai: "Then you can get a little share, so why do you ask the court to share it equally?"
Chen Jinying: "I originally only wanted 5 houses and 10 million in cash, but you didn't want to live or die. Since the court has already broken my face, why should I save face for you? Of course, the court must divide it equally in accordance with the law."<
/p>
……
The two brothers and sisters are in tit-for-tat confrontation, going back and forth with each other, neither one is convinced by the other.
But from the perspective of a bystander, Chen Jinying was not wrong. What was wrong was that Chen Jinhai was too greedy.
For the first time in more than ten years, the two of them sat down to vent their resentment to each other.
Unknowingly, an hour passed. The two of them were talking with dry mouth. They talked about some questions several times. They really had nothing to say, so they stopped.
Yang Chen stretched out and said with a smile: "Finally the quarrel is over, we are all tired of watching it."
"Haha..." Shareholders on both sides laughed.
Then Yang Chen continued: "It sounds like there was a conflict over the division of inheritance, and it's not a deep hatred. Don't talk about rich families like you, poor people will also have disputes when dividing family property. But disputes are disputes, parents
Now that we're gone, you are each other's closest people, and you will definitely reconcile afterwards. You have been complaining about each other for more than ten years, and it's almost time to work together to bring the Haishang Elite Club back to life."
Chen Jinhai and Chen Jinying both shook their heads in rejection, insisting that their grievances could not be reconciled.
Yang Chen put away his smile and said: "It seems that you two are very selfish people. You only care about your own grievances and completely ignore the interests of us shareholders. The customers have made it clear that unless the two companies merge, otherwise they will
The cards need to be refunded. Once customers withdraw their cards on a large scale, the reputations of Jin Hai and Jin Ying will be ruined. What about the money invested by us shareholders? Will you two compensate?"
When it comes to their own interests, shareholders have become active.
"That's right! We invested so much money, and now we're just showing signs of getting back our money. We can't let it collapse just because of the grudge between you two."
"In the past, we didn't care how much trouble you two made. But things are different now. Customers have made it clear that only through merger can they stay. We can no longer sit idly by and let you do whatever you want."
"That's it. After more than ten years of trouble, you are all middle-aged, what else can't you think about? Merger is necessary for both families now. If you separate, you will die, if you merge, you will live. Don't you understand?
?"
"We all agree with what Mr. Yang said about merging the two companies to become the largest golf club in Longguo. This way we can make more money and recover our investment as soon as possible."
……
Chen Jinhai: "I don't agree with the merger. I am the major shareholder and I have the final say."
Chen Jinying: "I don't agree with the merger either!"
Yang Chen: "If you two say that, you are ignoring the interests of so many of our shareholders. Since you two are not moral, then we have no choice but to do business. Everyone, if Mr. Chen disagrees, I hope
Others can join forces. We will jointly vote against anything they propose in the future. Since they don’t want to do well, we don’t have to be merciful. When they go bankrupt, we will work together to take over the site and open a new one.
Club. We do what our customers want, so we don’t have to worry about not having any customers.”
The shareholders' eyes lit up and they nodded in agreement with this plan.
"Haha...Mr. Yang spent so much money to invest in two clubs at the same time. It turned out that he had some ideas."
"I think young people should have ideas, otherwise what's the difference between them and us old guys?"
"I agree with Mr. Yang's plan. The 100 million I invested cannot be wasted. It doesn't matter who makes the decision to me, but it must make me money."
"Yes, that's what I mean. It doesn't matter who is the major shareholder. What's important is that it can make us money, and we will support it. Don't be angry, Mr. Li. If you had invested real money and ended up like this, you would definitely
You will also have ideas, right?"
……
Li Jinhai and Li Jinying were speechless.
They don't want to merge, but they think what the shareholders say makes sense and they can't argue with it.
At this time, both Li Jinhai and Li Jinying received a report from their secretary. Customers were clamoring to return their cards again. Now the situation was out of control and they had to go back and take a look.
The two of them had no choice but to go back and take a look.
I don’t know who said in the member group that Jin Hai and Jin Ying are going to go bankrupt, so now all the members are coming to ask for their cards to be refunded.
No matter how Li Jinhai and Li Jinying explained, it was useless, customers just wanted to refund their cards.
Some people even called the police, and the police are negotiating to deal with it.
In high-end clubs like this, customers generally have relatively large recharge amounts. In order to allow them to recharge with confidence, many clubs will allow customers to return their cards for refunds.
Therefore, no matter what the reason is, it is definitely right for customers to request card refunds. The police are now persuading the club to fulfill the agreement and quickly prepare funds to refund customers' cards.
The problem now is that customers are panicked, but the two clubs have closed down, and the money they recharged has been wasted.
What Li Jinhai and Li Jinying said no longer worked. No matter how they tried to guarantee it, customers refused to listen and unanimously asked for their cards to be refunded.
Neither of them could convince their customers to give up the idea of withdrawing their cards, so they could only come out to find Yang Chen.
Li Jinhai: "If the two companies merge, how will the equity be divided?"
Li Jinying: "Anyway, I can't be less than him."
Yang Chen: "The two clubs merged at equal value, and the equity of all shareholders was halved. After the merger, the club was renamed back to Haishang Elite Club."
Li Jinhai: "Then we each hold 22.5%, and you still hold 30%. You will become the major shareholder."
Yang Chen: "Isn't this great? If one of you becomes the major shareholder, the other one will definitely not be convinced. I am the major shareholder, but I only have 30% of the equity. You can still join forces with other shareholders to check and balance me. To put it bluntly, I They are only major shareholders in name, but in fact it is still a struggle between you two. Of course, you are brothers and sisters after all. If you join forces one day, wouldn't it be you who have the final say? In this situation, you have no way out. If the news spreads, both clubs will be doomed. It's like a bank saying it's going to fail. Depositors will definitely rush to withdraw their money, and no one can stop it."
What Yang Chen said is absolutely correct. The crisis the two clubs are facing now is equivalent to a bank run.
Or, raise enough money to give to others.
Or, give them a reason to feel at ease.
Customers have clearly stated that the only reason for their peace of mind is the merger of the two companies, so Li Jinhai and Li Jinying have no other choice but to accept the merger.
Chen Jinhai and Chen Jinying rolled their eyes at each other for a while.
Then Chen Jinhai said: "I don't want my father's hard work to be ruined in our hands, so I am willing to merge. This does not mean that I forgive you."
Chen Jinying did not back down and said: "You say it as if I can forgive you. I don't want to go down and be embarrassed to see my parents, otherwise I won't merge with you."
Yang Chen grabbed Chen Jinhai's hand with his left hand, and Chen Jinying's hand with his right hand, put their hands together, and said with a smile: "That's it, brothers and sisters, it's been more than ten years, it's time to pass. From a legal point of view Said, the younger sister is also eligible to share the inheritance of her parents. From a traditional moral perspective, the younger sister really shouldn’t go home to compete with her brother for the inheritance. So, you are both right. Since you are both right, why bother everyone else and lose their pants? Is there nothing left? Shake hands and make peace, and from now on focus on how to restore the glory of the Haishang Elite. Okay?"
The brother and sister did not speak, but by not speaking at this time, it was equivalent to acquiescing to Yang Chen's statement.
Yang Chen let go and said with a smile: "Okay, you go and call all the customers over. I will guarantee them as the second shareholder of the two clubs, hoping to persuade them not to refund their cards!"
The two nodded and hurried to call all the customers from both houses.
Yang Chen signaled everyone to be quiet, and then said loudly: "Dear guests, hello everyone. My name is Yang Chen. I just acquired the equity of two clubs and am now arranging the merger of the two clubs. After the merger, everyone can enjoy this at the same time. More than a thousand acres of ground. By then, we will become the largest golf club in the country and even the world. We will definitely be able to provide you with the most high-end services and make golf worthy of its title of aristocratic sport. Therefore, I hope you will give We have an opportunity to become a member of the most powerful golf club in the country and even the world."
Customers are excited.
"Is it true? Don't lie to us! Some people said that the two clubs were going to close down, so we came here to refund the card!"
"That's right! How can you acquire the equity of two companies when you are so young?"
"What guarantee do you have?"
"Yes, what guarantee do you need?"
……
Yang Chen called all the shareholders of the two clubs to stand behind him, and then said loudly: "Now that all the shareholders of the two clubs are here, we can sign a letter of guarantee in front of the police comrades, and we will complete the two clubs as soon as possible. Merger work. If we fail to do what we say, all shareholders will bear all legal responsibilities."
After speaking, Yang Chen looked back at everyone and asked: "Is everyone willing?"
The shareholders immediately shouted in unison: "Yes!"
Yang Chen nodded and said to the customers: "Can everyone believe it now?"
The customers nodded and asked the shareholders to sign the agreement immediately.
So, in front of the police and customers, all shareholders of the two companies signed a pledge to support the merger.
In fact, their shareholding ratio is small and it does not affect the results at all.
As long as Yang Chen and the Chen family brothers and sisters decide.
Seeing that all shareholders signed the agreement, the customers left happily.
A man-made crisis was solved by merging the two clubs as compensation.
After all the customers dispersed, the two shareholders sat together again to discuss the specific details.
It was not until eight o'clock in the evening that all issues were discussed and the results were finalized.
It’s very simple to summarize.
After the merger, the equity of all shareholders will be halved.
Yang Chen holds 30% of the shares, and the Chen family brothers and sisters each hold 22.5% of the shares...
The two companies are independent of each other, sharing customers, sharing resources, etc.
……
Yang Chen will not personally participate in the remaining matters. Yu Shishi will arrange for someone to take over the affairs here and replace Yang Chen in exercising supervision and management rights.
You have to be frugal and don’t drive home empty-handed.
Yang Chen took an order whose destination was the Pearl Tower.
When he received the customer, he discovered that the customer was bringing a golden retriever dog.
As soon as the passenger got on the bus, he put the golden retriever dog on the seat.
Yang Chen quickly said: "Beauty, I'm sorry, pet dogs can't get on the bus."
Passenger: "Why? My Maomao is very well-behaved. Don't worry, I won't damage your car."
Yang Chen: "To be honest, it's not a big deal if it's broken. You can just fix it for me. The key is that if the dog's hair is left behind, if the passengers behind are allergic to pet hair, it will harm their health. Healthy. If you bring a pet cage and install it, it will be fine, but it will definitely not work if you put it directly on the seat."
Passenger: "Why are you so busy? I take other cars, why are the drivers not as busy as you? Besides, you don't allow pets, why do you need to take orders?"
Yang Chen: "You didn't mention bringing a pet dog in the note? You didn't call me to tell me. Isn't it common sense that pets are not allowed on public transportation? The platform will also remind passengers in the order instructions. Don’t bring pets. If you do, be sure to communicate with the driver in advance. Why don’t you communicate with me in advance? Other drivers have to be willing in order to accept the order. It doesn’t matter whether I accept the order or not. You are definitely not allowed to bring your pet dog. Come up here. Sorry, I'll cancel the order and order another one."
Passenger: "If you dare to cancel the trial, I will complain to you!"
Yang Chen: "Then you can complain. I'm really not afraid of you complaining about this order."
After saying that, Yang Chen canceled the order.
The passenger was so angry that he got off the bus muttering unpleasant words.
If this was a driver who made a living, he would probably take her.
But there is no need for Yang Chen to take her. If he is unlucky enough to encounter a passenger who is allergic to pet hair, then Yang Chen will definitely be unlucky.
There is no need to leave health risks for the passengers behind you for a dispensable ticket.
Yang Chen drove forward for a while and received another order near the airport.
Yang Chen's eyes lit up as soon as he saw the passenger. He turned out to be a stewardess in uniform.
Not only is she beautiful, but she also has an amazing figure, is very quiet, and has a good temperament. I should give her at least 98 points.
Yang Chen: "Hello, please fasten your seat belt. We are leaving for Binjiang Apartment now."
Passenger: "Yeah. Master driver, I just came back from the United States and I'm a little sleepy. I'll lie down in your car for a while and call me when I get there, okay?"
Yang Chen: "Yeah. No problem, you can sleep."
The stewardess thanked her and lay down on her side in the back seat and fell asleep...
