Reborn: Billionaire in College

Chapter 433: You come and I go, scheming

It’s no wonder that the people present were surprised. Although everyone knows about this concept, they don’t see it very often in their daily work.

Today is something I have never seen before.

You can still play like this!
After thinking about it for a while, I felt terrified. How long will it take to plan this?

There is not even the concept of a dormant shareholder in the Company Law; the legal provisions refer to them as actual investors.

Those whose expressions changed drastically included Cheng Weifang and SoftBank.

The one who smiled bitterly was Ali.

"This game is over!" This is what Cheng Wei thought. They have been planning for so long, how can the duck in hand fly away?

Lao Ma and Peng Lei looked at each other and looked at Chen Pingjiang with complicated eyes.

The definition of a dormant shareholder, or the actual investor, is very complicated.

It does not mean that Tencent can just reach a commitment with Chen Pingjiang on a whim. Instead, it requires Chen Pingjiang to provide proof of actual investment to prove that the investment money was his and Tencent was only holding it on his behalf.

And the timing of each investment must be right.

Guo Meng from SoftBank was a little impatient: "Do you have relevant supporting materials? Words alone are not enough to prove this."

He still wanted to find some problems.

Chen Pingjiang just waved his hand, and his secretary Xu Rui quickly distributed the prepared copies.

After getting the materials, Guo Meng checked them quickly.

Soon, he was convinced.

The equity holding agreement, company financial information, transfer destination of capital contribution, receipts issued by Tencent, etc. are all included.

The earliest one can be traced back to the year before last.

It's nothing that Meng was suffering, the most miserable person was Cheng Wei.

Cheng Wei looked at Xiao Ma Ge with complicated eyes, and then at Chen Pingjiang.

I originally thought that Tencent was my financial backer, but I didn’t expect that Renren was the one.

But you are my financial sponsor, why do you keep beating your son and let AutoNavi target Didi?

Besides, Didi has not been given much in terms of orders.

What a vicious dad.

Cheng Wei felt a chill in his heart. Chen Pingjiang was so calculating that he had been noticed almost since he showed up.

This feeling of humiliation and being mocked is really hard to understand unless you are the one involved.

To describe it more precisely, Gaode is the eldest son, Didi is the illegitimate son, and Chen Pingjiang is the old man.

The eldest son beats the illegitimate son every day and does not give the illegitimate son any resources. When the illegitimate son finally achieves some success, he comes out to reap the rewards.

Really, it’s extremely cruel!
This was the first time that Liu Qing met the number one internet figure. He thought that Chen Pingjiang was not only handsome, but also good at making money and, most importantly, so strategic.

What a strange man, Liu Qing thought.

Lu Chuanwei, who was sitting on the other side, was also startled, and his hands were shaking with excitement.

The situation is very good and I have the advantage.

Chen Pingjiang looked around slowly, taking in every expression on everyone's face, and spoke after a long while: "If there is no problem with the information, let's hold a vote. Mr. Cheng, please preside over it."

"..." Cheng Wei felt like a deflated ball after his home was robbed. "I have never encountered such a situation before. How do I do it?"

Chen Pingjiang smiled and said, "Each of you has read the proxy equity agreement and signed in support of it."

Lao Ma whispered to Peng Lei, "Once the signing is completed, Chen Pingjiang will definitely push for the merger."

"How to say?"

"If it was just for publicity, he only needed to send a letter to shareholders. There was no need to hold a shareholders' meeting. If he held one, there must be other purposes."

Just as Ma Yun was speaking, a "ripping" sound was heard not far away.

Looking back, Guo Meng was really tough. He was so angry that he tore up the agreement and made his attitude clear.

Chen Pingjiang raised his eyebrows, his eyes cold and stern.

Seeing this, Lao Ma pushed the agreement in his hand forward and also expressed his attitude.

Didi trio, follow suit, I won’t sign!
Just because a few of them refuse to sign will not stop Chen Pingjiang.

Signatures from half of the shareholders are sufficient!

Soon, Neil Shen, DST, Temasek and Zhu Xiaohu all signed.

Didi’s original shareholders clearly support Chen Pingjiang and are waiting to take a seat and share the spoils.

What Ma didn’t expect was that Tiger Fund representative Tan Hainan also signed.

Xu Chuansheng, who had originally planned to delay for the sake of Lao Ma's face, saw that everyone else had signed, so he smiled and signed as well.

Finally, a few of the original small shareholders signed.

Looking at it this way, the number of people who support it is almost twice as many as those who oppose it.

Chen Pingjiang asked people to collect the agreements one by one, sorted them out, and said, "From now on, I will temporarily replace Tencent's major shareholder. Thank you everyone.

The matter has come to this, the wood is done.

Those who oppose it can only accept it with a pinch of their nose.

Unstoppable.

Chen Pingjiang had been planning this for such a long time, and now that his true intentions were fully revealed, he naturally had made sufficient preparations.

"You're welcome, you're welcome. I've wanted to work with Mr. Chen for a long time, but I didn't expect there would be such an opportunity."

"I've been looking forward to this day for a long time."

Looking at the somewhat flattering smiles on the shareholders' faces, Cheng Wei was furious.

Although I understand the decision of these shareholders, I cannot accept it emotionally. These shareholders are not wrong. Who doesn’t want to make more money? They have been looking forward to the merger of AutoNavi and Didi for a long time.

Now it has finally come to fruition.

"Mr. Chen, if that's the case, can the merger be pushed forward smoothly?" Lu Chuanwei couldn't wait.

Chen Pingjiang nodded with a smile: "The shareholders' meeting has already passed the resolution on the merger of AutoNavi and Didi. During the negotiations, SoftBank raised objections, but now the objections have been basically eliminated and the legal obstacles have been cleared."

Before Chen Pingjiang finished speaking, he heard Guo Meng shout, "Mr. Chen, in my opinion, it is inappropriate for you to say this. You are a major shareholder of AutoNavi and represent AutoNavi's interests. According to relevant regulations, you must recuse yourself because you have interests involved."

The other shareholders couldn't stand it anymore.

"Lao Guo, please stop making such a fuss. We all agree that a merger will only benefit everyone."

"That's right, do you really have to stop everyone from making money?"

"The last reply from the Ministry of Commerce has revealed everything. They did not disagree with the merger, but just said they had not received it."

"Monopoly does not exist at all. SoftBank should not think of anything else."

"..."

Chen Pingjiang smiled and glanced at Guo Meng: "First, this resolution was determined before, I just reiterated it. Second, I don't know who the shareholder of SoftBank is? Is it sitting on the wrong side of the fence?"

What Chen Pingjiang didn't expect was that Guo Meng was also a tough guy. He soon pulled out a document from his briefcase and said, "This is the judicial relief that we, SoftBank, applied for as a shareholder of Didi. The court has accepted the application. As a shareholder, we have filed a lawsuit to request a ruling to revoke the previous resolution."

Now there was no need for Chen Pingjiang to say anything, as the other shareholders present were able to eat the SoftBank representative alive.

"You are also a talent, and your methods are really dirty."

"What's the point of making such a fuss?"

Now, even Lao Ma couldn’t stand it anymore.

SoftBank is...actually being a bit unreasonable.

Having blocked the last merger, they went back to court to sue and have the resolution annulled.

Regardless of whether it is true or not, Didi’s shareholders’ meeting must respond to the lawsuit and wait for the court’s decision.

If the judgment revokes the previous resolution, it will be merged into nothing.

However, facing such a situation, Chen Pingjiang just smiled and said, "It seems that you really have no other options. You can even think of such a method."

Guo Meng said angrily: "It's better than you starting to target others since the year before last."

Chen Pingjiang turned his head and ignored him, saying to the others, "We should respond to the lawsuit and push forward the merger. He can't win. I said so."

Guo Meng: “…”

I felt panic for no reason.

Guo Meng was like a man wearing the emperor's new clothes and was directly exposed by Chen Pingjiang.

They filed a lawsuit, which was not a solution. It was originally intended to defend against Tencent, but Tencent held a shareholders' meeting with great fanfare. Unexpectedly, it ended up defending against Chen Pingjiang.

Now Chen Pingjiang is not playing by the rules. He is prosecuting and negotiating, without delaying either.

Guo Meng had no more reason to stop him, so he picked up his briefcase and ran out angrily.

Cheng Wei and his companions were stunned.

SoftBank is unreliable, is that it?
No matter what tricks were used, Chen Pingjiang easily resolved them. In the end, he couldn't win the argument and ran away?

However, he also understood that there was no point in Guo Meng staying any longer and he could only endure other people's contempt.

As soon as Guo Meng walked out of the Hilton door, he was stopped by reporters and asked all kinds of questions.

This old man was mad again.

The atmosphere in the meeting room was a bit tense.

The situation is already very clear. Chen Pingjiang, as the major shareholder, is pushing forward forcefully, and there are a bunch of small shareholders cheering him on.

The Didi trio and Alibaba can’t stop them.

Moreover, these two forces still want to stay in this circle. SoftBank can ignore it and make unreasonable demands, but they can't.

If they really get ruthless, Chen Pingjiang has a lot of ways to deal with them.

Of course it is impossible to kick them out by force, but there will be no shortage of disgusting things that happen.

For example, increasing capital and expanding shares.

For example, either no profit or no dividends.

To be more straightforward, just make it clear that you will not go public.

If you are more ruthless, you can directly set up a new company and transfer the business or profits.

These people have no idea what to do.

SoftBank may not care about this little money, but Alibaba does. After all, they invested a lot of money in Kuaidi Dache.

Cheng Wei and Wang Gang care more.

It is acceptable if there is no dividend, but once you are not listed, the wealthy Chen Pingjiang will play with you, and who can outlast you?
In short, the major shareholder may not be able to kick out other shareholders, but there are many ways to make other shareholders uncomfortable.

Not to mention all these, with so many people present, who would dare to offend Chen Pingjiang?
A shareholders' meeting was prepared with great fanfare, but ended very hastily.

But the process is thrilling and full of climaxes.

Even though the big guys present here are knowledgeable and experienced, they have never seen anything like what happened today.

I've never seen such a thing in my life.

"As newcomers in the company, I will host a banquet for everyone today. No one is allowed to leave. Anyone who leaves will be disrespecting me, Chen." Chen Pingjiang said.

All other shareholders were happy, except the Didi trio and Jack Ma who were a little unhappy.

Unexpectedly, when the meeting was over, Chen Pingjiang and Little Brother Ma came over together and put their arms around Old Brother Ma’s shoulders affectionately: “Brother Ma, it’s still early for dinner. Let’s find a place to sit down. I have something to talk to you about.” (End of this chapter)

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