Wen Haowen convened the group's board of directors with such fanfare, and even invited some important shareholders within the group to attend. She thought that Wen Haowen must have been well prepared and would not let anyone take control of him easily.
Sure enough, from the very beginning of the meeting, Wen Haowen had the final say. Although several directors raised opinions, those opinions were not convincing and even untenable.
So from the very beginning, she had no intention of stopping Wen Haowen.
It is better to go with the flow than to go against it.
Secretary Cao's question was too sharp and attracted the strong attention of all the directors present. In the view of all the directors, no matter how the company invests, they do not want the investment projects to affect their existing interests.
Wen Haowen couldn't help sweating on his forehead. He actually knew that the entertainment city project required huge investment. If he wanted to start and complete it as soon as possible, he would need a lot of funds, which would naturally affect the existing operations. However, if he planned and built it slowly and delayed the completion of the project, it would not affect the existing operations.
But what he is facing now is that he wants to start and complete it as soon as possible, so Secretary Cao’s question made him unable to deal with it for the time being.
Secretary Cao continued, "No matter how good the entertainment city project is or how much money it makes, it is just a pie in the sky right now. Investment means that investors, based on the company's existing foundation, can achieve the purpose of investment expansion through reasonable arrangement of funds. I believe everyone present should be very clear about what is the existing foundation and what is reasonable arrangement of funds."
The existing basis means not affecting the company's existing operating basis, and reasonable arrangement of funds means not affecting the normal operation of the company.
Secretary Cao's words were well-reasoned and everyone on the board agreed with them.
Facing the gazes of all the directors on the board, Wen Haowen didn't know how to respond for a moment.
Even Secretary He didn't know how to react for a moment, and his eyes subconsciously turned to Wen Xinya, who had remained silent but whose calm and elegant temperament could not be ignored.
Secretary Cao came here with Wen Xinya, so were Secretary Cao’s words instructed by Wen Xinya
Is this the purpose of her attending the board meeting today
At this moment, Wen Xinya seemed to notice his gaze and looked up suddenly. Her eyes were like a sharp arrow, shooting towards him, sharp, fierce, cold, overbearing and dangerous.
Secretary He's gaze narrowed and he lowered his eyes subconsciously.
He had never seen such a pair of sharp eyes.
Wen Xinya spoke up: "My grandfather, Mr. Wen Zhihang, started from scratch and worked hard to establish the Wen's Group. With the help of shareholders and group directors, it has grown to its current size. Clothing, jewelry, skin care products and other brands are the foundation of the Wen's Group. It is also the foundation of the world. A tall building is built from the ground up, and it relies on nothing but the foundation."
Since it is the foundation, there is no reason for the entertainment city project to affect the existing operations of Wen's Group.
"Well said!" a director couldn't help but shout.
Then, everyone applauded in agreement, and the atmosphere was very warm.
Wen Xinya received everyone's support and continued, "I believe that all the directors and shareholders present here have foresight and ambition, and will naturally not affect the existing operations of Wen's Group because of investment projects."
Since it concerns the interests of all the directors of the group, Wen Xinya's words always stand on the standpoint of the group's interests, naturally no one disagrees.
Wen Haowen looked at Wen Xinya with a very sharp look. Although Wen Xinya was not late for the board meeting, he was confident that he did not take her seriously. He did not expect that she would adopt a roundabout policy. She neither openly stated that she did not support the entertainment city project and rejected the opinions of him and the shareholders' meeting, nor did she express her support for the entertainment city project to express her position. Instead, she first stood for the interests of the shareholders and the group, used Secretary Cao to raise her own questions, and incited the directors and group shareholders present.
She was not trying to prevent the start of the entertainment city project, but to use the board of directors to delay the progress of the entertainment city project.
This move is quite brilliant.
Wen Haowen's eyes were sinister and fierce. Wen Wenya looked him straight in the eye and said in a clear and round voice, "I also believe that as the executive president of the board of directors, you will naturally put the interests of the group first and be responsible for the interests of all shareholders."
Wen Haowen wanted to start the entertainment city project as soon as possible, so she naturally would not allow it. No matter what the people behind the scenes were planning, as long as the entertainment city project did not go smoothly, the other party would do more, and the more they did, the easier it would be to reveal their true colors.
Wen Haowen suddenly laughed: "Haha, Xinya is right. Since I am the CEO of the board of directors, I will naturally put the interests of the group and shareholders first."
Wen Xinya did not comment on this.
At this time, Secretary Cao looked at Wen Haowen sharply and said, "I wonder if President Wen can help me answer my previous question?"
Wen Haowen thought that he could get away with it by speaking in official language, but that was impossible.
Wen Haowen was in a difficult position at this time, so he had to bite the bullet and said, "The entertainment city project is to make everyone make more money and expand the group's business. Naturally, it will not affect the company's existing operations."
If he does not express his stance at this moment, the entertainment city project will inevitably be hindered and cannot be launched as soon as possible. In this case, it is better to express his stance first and let the entertainment city project be implemented smoothly. Future problems can be dealt with later. After all, he holds 20% of the shares of Wen's Group.
At this time, someone raised another question: "The investment in the entertainment city project is huge. How can you guarantee that it will not affect the existing management and operation of Wen's Group? Let's not talk about other things... just say that President Wen proposed to set up a new department and recruit new employees to be responsible for the entertainment city project. This has already had a significant impact on the internal operations of Wen's Group."
The establishment of a new department, independent of other departments, has affected the existing department management structure of Wen's Group.
Various problems kept popping up. If things continued like this, even the entertainment city project would be overturned. Wen Haowen was in a lot of trouble.
Wen Xinya watched coldly.
At this time, Wen Haowen said majestically: "The entertainment city project was unanimously decided by the shareholders' meeting. No one had any other objections before. I also explained to everyone that the entertainment city project will not affect the foundation of Wen's Group. The establishment of a new department is imperative. Now I am here to announce the official launch of the entertainment city project with 20% of the shares of Wen's Group."
From the decision of the board of directors to its launch, the entertainment city project was finalized in less than half a month. He made use of his 20% stake to gain decision-making power.