My rebirth is different

Chapter 577
"Mr. Mackins, Miss Peer, please give me a few minutes. I need to report to the head office." Xueleshan representative said solemnly.

If he could make the decision, he would probably agree without hesitation. Although it would be embarrassing to apologize in the national newspapers this time, it is better to lose face than to lose money!

Originally, the result of the company's discussion was that they were willing to pay up to 800 million US dollars for settlement.

Now the amount of compensation is less than 300 million U.S. dollars, which is a waste of "silver"!

What is an apology, if they can not lose money, they wish they could apologize for a month in a row!

The result of the phone conversation with the headquarters was not what everyone expected. Both VUG and Xueleshan readily agreed to all the conditions proposed by McCann.

Because if you really want to continue the lawsuit, you will lose sooner or later, and the compensation will not be less than now, and you will have to pay a large amount of legal fees, so why not admit defeat now, and the other party will not It is not right to kill everything and ask for sky-high compensation.

With the assistance of lawyers from both parties, representatives of Xueleshan and Pei Er signed a settlement agreement.

Pei'er was authorized by Yu Wenfei, so she could make decisions directly according to the actual situation, and didn't need to call Yu Wenfei to report from time to time.Yu Wenfei is not afraid of her messing around, and Mackins will not allow it.

The lawsuit had already come to an end before it even started, and Xueleshan felt very fortunate that they had escaped a catastrophe.

Villefort's Fatty G was also very satisfied, with all the face in his face, Xue Leshan published an apology and paid 500 million US dollars in compensation. Yu Wenfei fulfilled his promise to him at the beginning.

During this period of time, Facebook Game North America was well known to everyone. People inside and outside the circle have seen the tough style of this company. Presumably, no one dared to provoke it for quite a long time.

That is to say, after this unfinished lawsuit, the Facebook game has really gained a firm foothold in the United States.

…………

The matchup with Chen Tianqiao was just a small matter, and Yu Wenfei was busy with the Shanghai Pudong Development Bank.

Taking out 900 million Facebook shares in exchange for [-]% of the shares of Shanghai Pudong Development Bank, becoming the second largest shareholder of the bank, this is very important to Yu Wenfei, because it involves the launch of the online payment business.

After Shanghai Pudong Development Bank introduced Yuwenfei, a new shareholder, the shareholder structure has also changed.

The largest shareholder, Modu International Trust and Investment Company, owns 40.00% of the shares, the second largest shareholder, Yu Wenfei, holds 17.00% of the shares, and the third largest shareholder, Modu International Group, holds [-]% of the shares. .

The fourth largest shareholder, of course, is Citibank, which only holds [-]% of the shares.This is because in order to fulfill the promise of opening up the domestic financial business to foreign capital, Modu International Trust Investment transferred [-]% of the shares to Citibank, so Citigroup's shares increased from [-]% to [-]%. .

These four shareholders add up to a total of 90.00% of the shares. Six, what about [-]%?

Since it is a shareholding reform, of course the bank employees should enjoy the benefits they deserve, so the [-]% is also taken from Modu Trust Investment, and an employee incentive pool has been established, which will be allocated to the Shanghai Pudong Development Bank in the future. Contributing executives.

After a close discussion between Yu Wenfei and President Liu of International Trust, the two major shareholders re-determined the new senior management team of Shanghai Pudong Development Bank.

The former chairman of Shanghai Pufa Development Co., Ltd. was transferred to the State-owned Assets Supervision and Administration Commission of the Magic City. Yu Wenfei didn't care about the specific position. Anyway, he drove people away.Although he had never seen what the former chairman looked like, Yu Wenfei knew that he was not from his side. The former chairman had tripped him up when he increased the loan last time.

After the announcement of the new chairman, it is estimated that many people's attention will be shocked, but it is unexpected and reasonable, because Yu Wenfei will be the new chairman of Shanghai Pudong Development Bank!
Originally, this position should have been assigned by Mr. Liu of International Trust, after all, International Trust is the largest shareholder, but International Trust controls too many shares of the company, and Mr. Liu is too lazy to intervene in Pudong Development. During the private meeting, he also talked about his idea of ​​promoting the reform of Pudong Development's main business. Mr. Liu thought that he should support Yu Wenfei, so he gave up the position of chairman to Yu Wenfei.

As for the candidate for the chairman of the board of directors should be elected by the board of directors, this rule is fine. If the two major shareholders, International Trust and Yuwenfei, together account for 70.00%, it is not counted, then it is a joke.

At that time, a board of directors will be held, just go through the process.

As for the president, the current president Wu has done a good job and will continue to serve!
…………

On June 22, the first general meeting of shareholders after the restructuring of Shanghai Pudong Development Bank was held. This time, the general meeting of shareholders will elect a new board of directors and chairman, and formulate the development strategy of Shanghai Pudong Development Bank for a period of time to come.

President Wu came to the Shanghai Pudong Development Headquarters building early in the morning, and directed the company's staff to clean the large conference room carefully again, preparing for the arrival of all shareholders.

Today, although President Wu has been smiling all the time, his mood is actually a bit complicated.

On the one hand, Shanghai Pudong Development Development Co., Ltd. successfully completed the shareholding reform, and its old rival, the former chairman, was also transferred away, but he was able to stay in the post, which is obviously a victory for himself.

But on the other hand, he was a little nervous because he didn't know if the new chairman would be able to cooperate with him. It stands to reason that a new chairman should be appointed by the International Trust Company, who is the major shareholder. representative.

Moreover, the current Shanghai Pudong Development Bank is different from before. In the past, it was regarded as within the system. Even if the president and the chairman did not deal with each other, the two of them would be able to do nothing for a while, because the levels were equivalent, and everyone had their own differences. His backer will not tear his face.

But now, Shanghai Pudong Development Bank is a joint-stock commercial bank, and the major shareholders keep their promises. If they don't deal with the new chairman, they will probably have a bad life.

When the time came to 09:30, representatives of various shareholders arrived at the scene one after another.

President Wu also personally came to the gate of the building to welcome everyone.

A big black Mercedes galloped from far to near, and President Wu knew who was coming by looking at the license plate. This was Mr. Wang of Modu International Group, the third largest shareholder of the company.

"Mr. Wang, welcome to the leader. It's been a long time since you came to inspect us." President Wu greeted with a smile on his face.

After exchanging pleasantries, he instructed the staff to invite Mr. Wang to his office for a rest. President Wu continued to wait, but there were still two major shareholders who did not come. As for Citigroup, the fourth largest shareholder, President Wu flamboyantly ignored him.

This is not due to his low emotional intelligence, but because Citigroup has never dealt with him. Before the share reform, Citigroup, a small shareholder, also supported the faction of the original chairman.

President Wu is also arrogant, not to mention that he only needs to be favored by the top three shareholders, and Citigroup, a small shareholder, still can't get up.

Not long after, two cars drove up one after the other. President Wu's eyes lit up, and he quickly adjusted his suit, ready to go forward to welcome the distinguished guests.

The car in front was a black and shiny Mercedes-Benz S600. From the license plate, President Wu knew that it was Mr. Liu's car from International Trust Investment.

The car in the back is much more cool, the big red supercar, although I don’t know what model it is, but President Wu also knows that it is impossible for anyone to drive this kind of car to participate in the board of directors, except for his junior. There is someone else!

Sure enough, the two cars stopped one after another, and President Wu hurriedly stepped forward to help Mr. Liu open the door.

"Mr. Liu, welcome. You are the head of Pufa. You should come to inspect and guide the work more often in the future."

A smile appeared on Mr. Liu's serious face, "President Wu, the future development of Pudong Development will require someone like you to preside over the work in the future, work hard!"

The back door of the red super sports car lifted like butterfly wings, and Yu Wenfei got out of the car with his pretty little secretary.

"President Fei, haha, congratulations, I really didn't expect it, how long has it been since we met last time, and you have become my leader." President Wu's expression was a bit complicated.

Yu Wenfei's investment in Shanghai Pudong Development Bank was really the last thing he thought of.

Life is so wonderful. The last time the two met, in front of Yu Wenfei, President Wu still had the mood of a senior supporting a junior.

He never expected that after just over a month, the junior would become his own boss!

"Hehe, don't be polite to me, senior. Pudong Development will rely on you in the future. I have talked with Mr. Liu. Neither of us will interfere with the daily management of the bank, so we still have to rely on you to support this mess. "Yu Wenfei said with a smile.

They are all smart people, President Wu was overjoyed when he heard what Yu Wenfei said.

This means that the two major shareholders have supported themselves!
International Trust and Investment Corporation and Yuwenfei have already accounted for 70.00% of the shares of Pudong Development. With the support of these two major shareholders, what should I be afraid of? I can finally throw off my arms and do a big job!

At this time, Hank, the representative of Citigroup, also drove to the scene by himself, but President Wu just waved at him from a distance, and did not greet him.

Hank himself was very savvy, shrugged and walked into the building.

President Wu accompanied Mr. Liu and Yu Wenfei into the Shanghai Pudong Development Building, and introduced the bank's general situation and other information to the two while walking.

…………

In the magnificent conference room of the bank, everyone took their seats. President Wu acted as the host, and started the first shareholder representative meeting of Shanghai Pudong Development Bank after the share reform.

The first item on the agenda of the conference is to elect a new board of directors.

Undoubtedly, Mr. Liu, Yu Wenfei, Mr. Wang, and Hanke were successfully selected as shareholder representatives, and President Wu was also elected to the board of directors as a representative of the management.

The second item on the agenda was the election of a new chairman. Everyone turned their attention to Mr. Liu. He is the largest shareholder, so of course he has the priority.

Mr. Liu smiled slightly and said, "I recommend Mr. Yu Wenfei as the chairman!"

One word shocked everyone...

(End of this chapter)