Lanxin Group's investment not only failed to stop Qian Jianhui from convening a shareholders' meeting with the intention of seizing control of Wen's Group, but instead made him even more aggressive.
First, several powerful directors, including Sun Yichen, defected to Qian Jianhui and used their power to replace the Wen's management. Several key core positions in the group were replaced by Qian Jianhui's people.
With the support of those directors, Sun Yichen's status within the group rose rapidly, and he was on par with Cao Zixing. The Wen Group was divided into two factions, one was the Wen faction headed by Mr. Wen, and the other was the Qian faction led by Qian Jianhui. The contradictions that had been brewing for many years within the Wen Group became completely intensified.
And this sharpness and intensity will completely erupt at the shareholders' meeting.
Anyone with a discerning eye can see that the Wen family will usher in an earth-shaking transformation, but no one can guarantee whether the Wen faction, which is trapped in a passive situation and suppressed by the Qian faction, can win this power struggle.
"The shareholders' meeting will be held the day after tomorrow. Qian Jianhui has been very active during this period, frequently contacting the small shareholders in the shareholders' meeting and the powerful directors on the board of directors. He has even not spared the senior management and old backbones of Wen's company."
"In order to gain their support, he privately promised them that after taking control of Wen's, he would dilute Wen's shares and distribute them to directors, company management, and some old backbones to strengthen the interests of shareholders. Most people were very happy with his words."
A large enterprise is a huge structure composed of shareholders, directors, executives, backbones, elites, etc. This structure supports the operation of an enterprise and is almost the core structure of an enterprise, just like the human body. If the skeleton supporting the flesh and blood of the human body is scattered, then the human body will also collapse.
Qian Jianhui, this old fox, is so cunning that he is willing to sacrifice his own interests in order to gain the support of these people. Since these people have received substantial benefits, how could they not agree
The Wen family was completely passive.
Mr. Wen's face was grim, and beneath his drooping eyelids were a pair of extremely sharp eyes: "This old fox has really made a good calculation. He doesn't hold many shares, and diluting his shares will harm the interests of the Wen family. At the same time, he can gain the support of most people in the group. It's really killing two birds with one stone."
Qian Jianhui's move may seem to be self-defeating, but in fact it is completely beneficial to him. He intends to completely step on the Wen family to gain power.
"Qian Jianhui proposed to issue 20% of new shares. On the one hand, it can boost the depressed stock market of Wen's Group, and on the other hand, it can attract investors to buy shares and save the declining trend of Wen's Group. It has received strong support from the shareholders' meeting, the board of directors, and some senior management and old backbones of the group. The Wen family's shareholding has been diluted to less than 40% due to several group crises, shareholders' meeting reorganization, and the issuance of new shares."
The shareholders of the Qian faction united the group and formed a situation of competing with the Wen family, and at this time the Wen family was in a weak position.
Now Wen Xinya's 30% stake has been diluted to less than 20%.
The same is true for the shares held by my grandfather.
The Wen family has already lost its absolute control over the Wen Corporation.
Mr. Wen's face darkened slightly: "Have you checked how many shares of Wen's Group Qian Jianhui currently holds?"
Qian Jianhui acted so brazenly, and it was obvious that he already had a bigger support in his hands, which made Mr. Wen quite afraid.
Wen Xinya was silent for a while, then she said, "As far as I know, up to now, Qian Jianhui has already controlled 25% of Wen's shares."
The other 10 percent comes from the Lee family.
Xia Ruya took advantage of the downturn in Wen's stock market to secretly acquire Wen's shares. Because she did it too secretly, she had never noticed it. It was only when Qian Jianhui suddenly came to Wen's to find her a few days ago that she aroused her vigilance and discovered this.
According to preliminary estimates, Xia Ruya holds at least 15% of Wen's shares, which is why Qian Jianhui had the opportunity to dilute Wen's equity.
Old Master Wen slowly closed his eyes. "When the equity is dispersed, generally speaking, holding 25% of the equity is enough to control the company. Qian Jianhui, that old fox, has been calculating and forbearing for decades, and finally couldn't help showing his greedy face. It's just that his greedy face is a bit too ugly!"
There was a deep expression of disdain and contempt on Mr. Wen's old face, and his cold voice clearly revealed the mockery.
For many years, Wen's Group has been the dominant force in the shareholders' meeting. In order to prevent shareholders from seizing power, the shares have been dispersed. Among the shareholders within the group, Qian Jianhui is the only one who holds more than 10% of the shares. As a result, the small shareholders will be suppressed by Wen's Group. Therefore, Qian Jianhui will get strong support from the small shareholders if he wants to seize power.
Wen Xinya said meaningfully: "Although Qian Jianhui is shrewd and calculating, he is too impatient."
The business world is like a battlefield, there are many variables.
Obviously, Qian Jianhui was smart all his life, but confused for a moment and ignored these variables.
Mr. Wen's eyes flickered twice, and then asked, "Lanxin Group has invested in Wen's, what's going on?"
Lanxin Group acquired shares in Wen's at this critical juncture. Mr. Wen was a little confused about the deep meaning behind it, but he intuitively felt that this matter was related to Xinya.
In the past, Xinya and Lanxin Group seemed to have no connection, and he did not think of the two together, but now he suddenly had a feeling that Lanxinya Group and Xinya might be involved.
Wen Xinya had no intention of telling him that she was the big boss behind the Lanxin Group, so she blinked and smiled, "Grandpa will know later."
Now is not the time to tell grandpa.
Although Mr. Wen was full of doubts, he did not continue to ask: "How confident are you in dealing with Qian Jianhui?"
From the very beginning, Xinya seemed overly calm when facing Qian Jianhui's attempt to seize power. He guessed that Xinya had another card.
Wen Xinya said calmly: "100%!"
From the Wen family being suspected of money laundering, her grandfather being taken to the police station, clothing with quality issues being put on the market, Sun Yichen's rebellion, to Qian Jianhui seizing power, Xia Ruya was calculating every step, and the moment she was deeply passive, she had already begun to gradually take control of the entire situation.
She said it calmly and lightly, but Mr. Wen couldn't help but gasp and stared at Wen Wenya with complicated eyes. It took him a while to react. He took a deep breath and said, "It's true that the waves behind push the waves ahead."
It seems that this granddaughter has a lot of secrets hidden, and he still underestimated her.
Wen Xinya just smiled and said nothing. She could understand her grandfather's shock at the moment, but she didn't intend to explain anything.