Reborn Aristocrat: Return of the Vicious Heiress

Chapter 1111: The project has been temporarily put on hold

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Wen Xinya said slowly: "Facts speak louder than words. I oppose Wen's Group's investment in the entertainment city project. I have no selfish motives, but I don't want the entertainment city project to affect the foundation of Wen's Group."

Wen's existing operations can make a lot of money for shareholders, and shareholders will not allow the entertainment city project to affect the existing operations, because everyone knows very well that only by stabilizing the foundation of the group can they make a lot of money.

What is the entertainment city project? At best, it is just a pie in the sky drawn on paper.

Wen Haowen was furious, staring at Wen Xinya with a look that seemed to want to eat someone: "The entertainment city project has already established a subsidiary company. The funding application was also strictly reviewed by the group's board of directors and the will of the shareholders' meeting. When has it affected the foundation of the Wen Group? Wen Xinya, don't make alarmist remarks here."

The conference room was filled with the smoke of dispute.

The shareholders showed hesitation on their faces.

Wen Xinya and Mr. Wen VS Wen Haowen, who do they trust more

The answer is self-evident, it is naturally Mr. Wen!

The shareholders also thought that the budget for the first phase of the entertainment city project was clearly 500 million yuan. However, because the shareholders refused to give in and the board of directors refused to approve it, they finally said that the budget was not true. The first phase of the start-up capital became 300 million yuan. This repeated attitude actually confirmed the problem of the entertainment city's project funding budget.

Wen Xinya slowly walked to the projection screen in the conference room and said, "Does the entertainment city project have any impact on the current operations of Wen's Group? I have some data here that can prove it to the shareholders."

Secretary Cao sat in front of the computer, tapping the keyboard with his fingers nimbly.

On the big screen in the office, a series of bright red data were displayed: "You can see that since the release of the AiShang product, the stock price of Wen's Group has continued to rise. However, since the Wen's Group exposed the entertainment city project, the stock price has fallen sharply. As of now, the Wen's Group's stock price has risen by nearly -7.56 (a drop of 7.56 yuan)."

Then the projection in the conference room jumped, showing another set of data.

Wen Xinya said, "This is a comparison of the sales of clothing, jewelry, and skin care products from the marketing department three months ago and the sales of the marketing department in the past three months. As you can see, the total sales have dropped by 5 percentage points so far, especially the sales of Ai Shang products, which have dropped by nearly 10 percentage points. According to feedback from the marketing department, sales are still declining."

The shareholders' attention has all been attracted by these data.

Old Master Wen suddenly laughed. It turned out that she had this in mind when she asked Secretary Cao to investigate this.

First, the development investment information of Jiayuan Club was used to illustrate that the project investment of Wen's Group's entertainment city was huge and the group could not bear it, which made the shareholders suspect that there was a problem with the planning of the entertainment city project. Then, this information was used as the last straw that broke the camel's back for the shareholders. What kind of information and when to use it can achieve the best effect.

Xinya is indeed well aware of this.

At this time, Wen Xinya had already made a conclusion: "From this, it can be seen that the entertainment city project has affected the existing operations of Wen's Group and the interests of the group and all shareholders. Therefore, I have reason to question that the entertainment city project planning plan is not entirely true, and I also have reason to oppose the necessity of continuing the entertainment city project."

The warm and elegant words were sonorous and carried unquestionable firmness.

Wen Haowen said angrily, "Wen Xinya, you don't understand business matters. I can teach you a lesson for free. Whenever a group enterprise makes various investments, there will always be some negative impacts in the early stages, causing various problems with stocks and sales. However, this is only temporary. Once the investment project is truly on track, it will soon return to normal. The information you provided is not enough to prove that the entertainment project has affected the existing operations of the Wen Group."

Wen Haowen was very proud, thinking that he had caught Wen Wenya's pigtails, and he seemed more and more justified.

Wen Xinya asked calmly, "Then how can you prove that this impact is only temporary and will not continue to affect the entire Wen Group? Can you guarantee it?"

The volume suddenly rose, bringing with it a sharp tone.

Wen Haowen was stunned and speechless.

This kind of influence is indeed inertial, but when some groups and companies invest, there will be a lasting impact on the company, so he cannot guarantee it.

Wen Xinya smiled: "That's all I have to say. The information I have collected is all true. Shareholders can find someone to verify it. For the benefit of Wen's Group and shareholders, I hope that shareholders can treat this matter with caution."

After so much preparation, I believe the shareholders have their own thoughts and she doesn’t need to say anything else.

Wen Haowen said quickly: "Dear shareholders, up to now, the entertainment city project has not affected the interests of Wen's Group and its shareholders. Wen Xinya is exaggerating. I propose to remove Wen Xinya from the shareholders' meeting and her right to participate in the shareholders' meeting."

Wen Haowen looked towards Wen Wenya, his eyes extremely cold.

The shareholders began to discuss the matter.

Although what Wen Haowen said was true, and that there would indeed be many negative effects in the early stages of investment, the shareholders were not fools. Combined with the relevant information Wen Xinya had previously brought out about the huge investment in the entertainment city, as well as everyone's doubts about the entertainment city project planning scheme, compared to Wen Haowen's groundless rebuttal, Wen Xinya's use of facts and data was more convincing.

Therefore, the shareholders' hearts naturally lean towards Wen Xinya.

"Whether the entertainment city project will continue or not requires long-term consideration. It concerns the interests of the Wen Group and cannot be sloppy at all!"

"The entertainment city project plan has quite a few inaccuracies. We still need to conduct some analysis and verification before we can decide whether to continue with the entertainment city project."

"Although Miss Wen's information is detailed, it has not been verified and analyzed within the Wen Group. It can only be used as a reference data, and cannot be used as a basis for deciding whether to continue the entertainment city project. The specific situation still needs to be confirmed."

Everyone expressed their opinions and they all had a common idea, that the entertainment city project should be temporarily shelved and a decision would be made after the relevant information was verified.

Wen Xinya couldn't help but breathe a sigh of relief. The overall situation had been decided and the entertainment city project was doomed to not be able to continue.

In fact, it was neither appropriate nor suitable for her to use the development investment information of Jiayuan Club to compare with the Wen's Group Entertainment City project. She just made full use of the shareholders' half-knowledge of the entertainment industry and their fear of the mysterious background behind Jiayuan, and won the battle by taking an unconventional approach.