Late Ming sea owl

Chapter 269 Board of Directors Expansion

The nitrated head was placed on the desk in the detention room of the Quannan Guerrilla Office. Although it was covered with lime, the curves of the handsome face could not be concealed.

This was the first time that Lin Hai met Zheng Zhilong. This legendary pirate who could have dominated the world for twenty years finally died in his hands. From now on, there would be no one worth mentioning in the vast seas of the Ming Dynasty who could be compared with him, Lin.

Replacing the Zheng family's ecological niche in another time and space is a piece of cake. Lin Hai's next target will be the throne of Batavia, and for this he needs to unite more forces.

"Brother, brother Letian, brother Yilong, our revenge has finally been taken!" Lin Hai shifted his gaze away from Zheng Zhilong's head and said to Li Guozhu and the Xu brothers.

"It's all thanks to your bravery, my second brother. Otherwise, how would we have the chance to take revenge?" Li Guozhu clasped his fists towards Lin Hai, and the Xu brothers echoed him.

"Brother, what are you talking about? If it weren't for the help of your two families, I wouldn't be where I am today." Lin Hai said modestly, and then asked, "Now that the thief Zheng has surrendered, what are your plans for the future?"

"My father left a will before he died. After our great revenge is achieved, all of us brothers will join Huiyou Company and will be at Brother Lin's disposal from now on."

After Xu Yilong finished speaking, Xu Letian added: "The six elders and seven elders have also expressed their willingness to join the Huiyou Company."

"Okay, if you brothers are willing to join the club, I will be very happy. We can make money together." Lin Hai said, "But I have to say something in advance. The club company is not mine alone. If you want to join, you must abide by the company's charter."

The Xu brothers were a little confused when they heard this. They were not very clear about the legal power mechanism of Huiyou Company. Li Guozhu also regarded it as a copy of Li Dan's gang.

Lin Hai then took out a copy of the company's articles of association that he had prepared long ago and explained to everyone in detail the operation model of the board of directors, as well as the company's equity and dividends.

He went on to say, "The company currently does not allow registered employees to engage in private maritime trade. That is to say, if you really want to join, the Xu family's supply channels, including the shops selling overseas goods, will be taken over by the company. Specifically, all accounts will be managed by the company's Finance Department, and the relevant accountants will be appointed by the Finance Department..."

"All profits are credited to the company's general ledger, and costs are also paid by the company. As for your personal income, one part is the salary for serving in the company, and the other part is the dividends at the end of each year. The dividends will definitely be the largest part, which will be determined by the shares you own..."

Hearing this, Xu Yilong couldn't help but interrupt and said, "Then how many shares does Brother Lin plan to give us brothers?"

"I don't have the final say on this. The board of directors must vote on it. I've said that Huiyou Company doesn't belong to me alone."

Lin Hai then added: "Of course, you brothers have to agree. If we can't reach an agreement in the end, we can still do business as before. I can even convince the board of directors to give you some dry shares so that the cooperation between the two companies can be closer..."

"In short, there are many different modes of cooperation. My only hope is that we treat business as business, and brothers should be clear about accounts and be open and honest. I think only in this way can the relationship last long." The Xu brothers fell silent, and Lin Hai continued, "Also, if you two brothers, as well as my eldest brother and third brother, choose to join the company in the end, you can all get seats on the board of directors. The board of directors of the company has discussed this and it will definitely be approved, but in terms of voting rights, the Xu family can only have one vote, which means that one of you brothers can only attend the meeting and cannot vote."

Lin Hai had discussed this matter at the board meeting, and at that time, Li Guozhu, Xu Xinsu, and Ou Zuoji were considered. But now that Xu Xinsu is dead, if the Xu family merges into Huiyou Company, who will serve as the company's director is really a thorny issue.

"That's not a problem. My family has always been ruled by my father and Yilong. I don't need a vote." Xu Letian said, "But I really like the Navy's frigates. If I join the Huiyou Company in the future, I hope Brother Lin can give me a frigate and let me be the captain."

"Captain of a frigate? Isn't this a bit too unfair to Brother Letian?" Lin Hai was a little surprised when he heard this. The Xu family contributed a lot to the rise of Huiyou Company. If Xu Letian worked in the Navy Department, he would at least be a deputy commander, right?

At present, Huiyou Company has three secondary units under its jurisdiction: the Civil Affairs Bureau, the Army Department, and the Navy Department. The chief and deputy chiefs of these three units are all members of the board of directors. In other words, the board members are at the department level.

"Brother Lin, I have been hanging out with sailors for years. If you ask me to do something else, I really don't want to." Xu Letian said, "Besides, I really like your frigate. It is fast and flexible, and its firepower is not bad. The seventh elder is the same as me. He also wants to be a frigate captain."

Well, schooners were indeed the favorite of pirates, so the two followed the Admiralty to the pirate port to make some noise, and ended up falling in love with frigates.

"In that case, then I'd rather obey than be disrespectful. If you join us as a friend, I'll immediately give you a frigate." Lin Hai said, "As for the Seventh Elder, he has a military post in the court, so I'm afraid it's not appropriate..."

Lin Hai had also considered the arrangements for the brothers Yang Lu and Yang Ce. Since both of them held official positions, it would be best to arrange for them to go to Guangdong or Zhejiang in order to extend the company's business reach.

At this time, Xu Yilong, who had been silent for a long time, suddenly spoke up: "Brother Lin, we brothers will join the club. Regarding the current business of the Xu family, I will prepare a proposal as soon as possible and explain it to the board of directors. The board of directors will agree on the shareholding of the Xu family, and we will all accept it."

"Okay, I promise you that the company will not treat you unfairly in terms of equity, and will fully consider the value of the Xu family's existing business and historical contributions." Lin Hai was stunned for a moment before answering. He was really surprised. He always felt that Xu Yilong was a person he could not see through.

"Brother, what do you say?" Lin Hai then turned his gaze to Li Guozhu. In fact, compared to the Xu family, he hoped to incorporate the Li family into the company.

After all, Li Dan's influence in the waters of East Asia and Southeast Asia is too great. If Li Guozhu, his only son, joins the club, the company's appeal among overseas Chinese in Southeast Asia will be greatly enhanced, and its market position in Japan will be further consolidated.

"My dear brother, let me think about this matter for a while..." Li Guozhu seemed to have some concerns. Not only did he not express his opinion directly like Xu Yilong, he did not even show his willingness to discuss equity first.

(End of this chapter)