The City's Invincible Soldier King

C541 Chen Ge Feng and his son stepped down

Hermes Consortium, one of the top ten consortia in the M Nation, was announced to have a total asset value of $5 trillion. Even if the billionaire Conglomerate was at its peak, the Chen family would not reject Hermes's goodwill, not to mention the current Chen family.

The meeting room was deathly silent.

After quickly reading the letter, Chen Jiansong respectfully placed the letter in front of the old man.

"Chairman, what did Hermes consortium say?" Just as Chen Jiefang finished reading the notice letter, a small shareholder could not help but ask anxiously.

Chen Jiefang did not speak, and returned the letter to Chen Jiansong who was sitting on his right hand side. Chen Jiansong then turned and handed the letter to Chen Gefeng who was taking action.

Chen Gefeng was also ecstatic.

In next to no time, the notice letters passed down to all the major shareholders.

Everyone who had read the letter was filled with joy.

According to the information in the letter, Hermes Foundation intends to cooperate fully with the Billiton Corporation to develop the Billiton Corporation into a world-class retail oligarch.

"What do you think?" Chen Jiansong looked at everyone one by one, and said slowly.

"Hermes consortium has great influence all over the world. I agree to cooperate with Hermes consortium." The first director sitting below Chen Jiefang spoke out.

"I second that." The second director from the lower left said loudly, "With the combined financial and financial strength of the Hermes Foundation and the powerful influence of the world, the Howe Corporation could very well surpass Walmart and Family Music and become the world's biggest retailer."

"I second that."

"Me too."

Other than Chen Jiansong and Chen Gefeng, the rest of the shareholders agreed to cooperate with Hermes Financial Group without hesitation.

Chen Jiefang asked in an official tone, "CEO Chen, what about you?"

"Chairman, I also agree to work with Hermes Foundation, but we have to be in charge of the ownership right now." Chen Jiansong said seriously.

"General Manager, what about you?"

Chen Gefeng said without hesitation, "I agree with the CEO's opinion."

Different positions and different views.

Billions of dollars was the Chen family's Billions of dollars, so the Chen family still wanted to have absolute control of the shares, not letting Billions change to his surname.

As for the other shareholders who only occupied 32% of the shares, they don't have the right to control the trillion. They don't care about what the hundreds of millions of dollars means, all they care about is the huge returns from the billions of dollars they earn as the world's top retailer.

The profit-seeking nature of merchants was instantly revealed.

"I'll share my point of view." Chen Jiefang looked at everyone one by one, and said slowly, "I also agree to work with Hermes Foundation, but on the premise that the 100 million shares in my name cannot be lower than 51%."

The Chen family owned 68% of the shares, which meant, the Chen family could only take out 17% of the billionaires' shares.

With the current market value of a trillion gold, 17% of the shares were only worth at most 54 billion China dollars. However, Hermes Consortium had clearly stated in their letter that they were prepared to provide at least $120 billion in cooperation funds.

This means that if the Chen family insists on doing so, their holdings will be greatly reduced.

For a moment, the faces of many of the small and medium-sized shareholders became unsightly.

"Chairman, you mean, the rest of the shares should be taken up by us?" The first person from the left stared at Chen Jiefang and asked seriously.

"I have offered 25% of my shares to facilitate this collaboration, so shouldn't you also offer a corresponding share? This request, isn't it too much? " Chen Jiefang said indifferently.

"Chairman, I have something to say." Just as Chen Jiefang finished speaking, the last director from the bottom left could not hold it in anymore.

Chen Jiefang nodded and said, "Please speak, Chairman Nie."

"That's the way it should be, but that's not the way it is." Nie Dong organized his thoughts and slowly said, "The old Chairman has 68% of the shares, 17%, and still has 51%, while I only have 3.6%. If I take out the shares according to the old Chairman's ratio, I only have 2.7%."

"If Chairman Nie has any better suggestions, you can speak your mind." Chen Jiefang was still very calm.

"The corporation is owned by everyone, so everyone present should do their part, but everything must be done according to their own capabilities. My opinion is that the small and medium-sized shareholders should each take out 8% of their shares, and the rest should be filled by the chairman."

In total, you can take out 2.56% of the shares. With the current market value of Billions, it's worth about 8.2 billion China dollars, right? " Chen Jiefang looked at Nie Dong and asked seriously.

"Chairman's mental arithmetic is really good as usual." Nie Dong smiled as he offered up a flattery that had no actual value.

According to the current exchange rate, the Hermes consortium will take control of around 43% of the shares. According to Nie Dong's suggestion, I will have to take out 40.6% of the shares.

Everyone fell silent.

A moment later, the first shareholder opened his mouth once again, "We will collectively support the old chairman to continue serving as chairman, but as for the position of Executive Director and general manager, I suggest that we choose a different talent."

Chen Jiansong and Chen Gefeng's expressions immediately became ugly.

Chen Gefeng could not help but asked coldly, "Isn't what Liu Dong did a little too chilling? Ever since CEO Chen took over the job, the market capitalization of the billionaires has been increasing rapidly. Without CEO Chen, there wouldn't be the billionaires today. "

"Without CEO Chen, there really wouldn't be today's trillion." Liu Dong said with a double entendre.

Chen Gefeng said angrily, "Liu Qingfeng, as a person, you must know how to be grateful."

"In the business world, please don't kidnap us with morals, General Manager." Liu Qingfeng said in annoyance, "CEO Chen has indeed done a great service, but the mistake he made was also fatal. In just three days, just the collapse of the 100 million main building in Hua Ting and the loss of the stock market value had reduced his market value by more than 80 billion."

"If we do not bring in the Hermes Foundation's funds, the market value of Billions will further decrease. By then, I'm afraid that they won't even be able to keep the market value of 300 billion."

"I agree with Chairman Liu, it's a matter of merit, but no matter what, in order to recognize CEO Chen's merit, Billio would give the CEO a corresponding bonus every year. So, since you made a mistake, you should also be punished, giving all the shareholders an explanation, and giving the staff an explanation as well."

"Well said."

A clear female voice came out, following that, the conference room's door was kicked open by someone. The Junior Master who only had 0.2% of the billionaire's shares walked in, sat across Chen Jiefang and laughed coldly, "CEO Chen's method is already out of date, if you don't choose someone else, the billionaire will be eliminated from the market."

"Director Zhou, please pay attention to your words." Chen Jiefang said in displeasure.

"Bullshit." The little uncle-master said with disdain, "Others might be afraid of you, Old Devil Chen, but I am not. Today, I will tell you the truth. The CEO and the general manager must change, otherwise, I will join the sniping squad."

"Zhou Dong Mo is going too far." Chen Jiefang said with slight anger.

"So what if I am bullying the third generation of the Chen Clan's ancestors?" The Junior Martial Uncle sneered, "Even the Chen family at their peak could not handle the hengtai group, what's more the current Chen family."

Chen Jiefang threatened in a cold voice, "It's better to be a human being and leave everything unscathed. Who can guarantee that hengtai will always have a smooth sailing?"

"It doesn't matter, since I'm tired of meddling in this kind of thing, I might as well just sell the hengtai and spend the rest of my life with hundreds of billions of dollars."

"Is Director Zhou really going to kill them all?" Chen Jiefang shouted in anger.

"Old Geezer Chen, cut the crap. I'm here today to seek justice for my younger brother." The Junior Martial Uncle said coldly, "Either remove the father and son duo, or hengtai will take out 80 billion and join the sniping lineup, all the way until we defeat the hundred million."

"Has Director Zhou joined the sniper team yet?" Chen Jiefang asked coldly.

"You don't say. I really didn't do anything. A billionaire has fallen to such a state today. It can only be said that he has committed many injustice and has committed his own death."

Chen Jiefang suppressed his anger and asked coldly: Really?

The Junior Martial Uncle said with disdain, "The Chen family has already become like this, is it worth this old lady to lie and deceive each other?"

"I will remember Director Zhou's threats." Chen Jiefang said coldly.

"Welcome to take revenge, no matter how much the Chen family plays, this old lady will accompany you to the end." The Junior Martial Uncle said tit for tat.

Chen Jiefang looked at his junior master deeply, then stood up and announced in a serious tone, "On behalf of the billionaire board of directors, I announce that from today onwards, Chen Jiansong's position of Executive Director will be abolished, and at the same time, the position of General Manager will be revoked. I will temporarily replace the CEO until I find a suitable candidate to be the CEO."

Chen Jiansong and Chen Gefeng's faces instantly turned pale white.

"Chairman, you can't do this." Chen Gefeng argued, "CEO Chen, you have done a great service. If you can't just say yes, you can't say no.

"Since this matter has already been decided, let's talk about it again." Chen Jiefang said sternly with a tone that could not be ignored.

Chen Gefeng slumped onto the back of the chair.

The wall was pushed by everyone.

To the father and son, losing the positions of billionaire CEO and CEO was just the beginning.

Those descendants of the Chen Clan who had long coveted for the position of father and son definitely wouldn't let this opportunity slip by.

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