Chapter 35 Extraordinary General Meeting of Shareholders (Part 2)
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When Li Yuhao said that he held 67% of the absolute shares of CJ Entertainment, everyone present was stunned. After a burst of noise, everyone turned their attention to Lee Jae-hyun and Lee Jae-yong. Especially Lee Jae-hyun, he is the chairman of CJ Group, and he has the CJ Group in one hand. Now someone has come to the company with 67% of the integrated CJ Entertainment, which directly means that CJ Entertainment is about to change the situation.
CJ Entertainment's shares are controlled by 67% by people from the outside world, which means that CJ Entertainment has completely broken away from the control of CJ Group, and no one can believe their ears. Everyone knows how powerful CJ Entertainment is after the integration. There are two TV stations under it. Especially if TVN is not paid TV, it will almost catch up with the three major TV stations.
CJ Entertainment, which has developed very well, is now saying that it has been out of the control of CJ Group. How terrifying is this? The future path, future development, company management, and everything in the company are handed over to this young man, which makes them completely unimaginable.
Everyone's eyes were all set on the leader's "Li Family". I hope that one of them could stand up and say, "This is a joke." But to everyone's disappointment, both of them chose to remain silent. Then what this young man said was true. He really shook hands with CJ Entertainment's power of life and death, and it was absolutely power!! All of their shares were only half of them, and they were completely ineligible to compete with him, especially Lee Jae-hyun and Lee Jae-yong, who did not express their opinions, which made the shareholders in the conference room seem a little overwhelmed.
A burst of noise made Li Yuhao tick his ears impatiently, "Elementary school students are more disciplined than you in class. Are you the first Ding? If you have any doubts, please leave the conference room yourself. Anyway, your words are not important. Don't worry, your shares will not be less dividends by the end of the year."
After Lee Yu-ho threatened words, the conference room became quiet again. Lee Jae-hyun and Lee Jae-yong quietly unscrewed the mineral water in front of them and drank without a trace of refutation. Then the people below naturally would not have any objection.
After everyone calmed down, Li Yuhao sat in his seat. He didn't say anything, but just tapped the tabletop of the conference room with his index finger nails. Da... Da... The sound of the nail hitting the tabletop was like hitting everyone's hearts. They were all keeping quiet... Listening to the "terrifying" knocking sound, CJ Entertainment has changed!!
No one thought about the large comprehensive entertainment company under such a huge group and thought it was impossible. But the fact is so cruel.
Seeing everyone waiting for their next words quietly, Li Yuhao smiled and said softly, "From today, I will serve as the president of CJ Entertainment. I also hope that CJ Entertainment will be separated from CJ Group alone. CJ Entertainment's name remains unchanged, but it is not under the jurisdiction of CJ Group. Does Lee Jae-hyun have any problems?"
"No. I feel very relieved to leave CJ Entertainment to you to take care of."
Lee Jae-yong said at this time, "President Lee, if you need help from Samsung Group in the future, just speak. We will do our best to help CJ Entertainment. In addition, Samsung Group will not participate in any decisions of 'CJ Entertainment' in the future."
Lee Jae-hyun, Lee Jae-yong, and the two of the Samsung Lee family are obviously going to support Lee Yu-ho to take office. CJ Entertainment is separated from the CJ Group alone, which means that CJ Entertainment will be held in one fell swoop in the future!!
On Samsung, after Lee Jae-yong was convened by Lee Woo-ho with the "Extraordinary Shareholders' Meeting of CJ Entertainment", he immediately discussed with his father Lee Kun-hee whether to support Lee Woo-ho to take office? Lee Kun-hee is rarely unanimously determined to be the same as Lee Mong-hee's decision, allowing Lee Woo-ho to take office.
As soon as Li Yuhao came back, he showed a scene of loving the "Entertainment Convenience Career". His personal SNS was published all about entertainment. Samsung basically did not touch the entertainment industry. Now that Li Yuhao wants to engage in an entertainment industry, Lee Kun-hee asked him to do it, so maybe he would not have the intention to activate Samsung's bad ideas. Besides, Samsung and CJ are two completely separate industries. Lee Yuhao is busy making trouble with the CJ Group and splitting the CJ Group, which is what he is most willing to see.
This time, Li Yuhao proposed to let CJ Entertainment be separated from CJ Group and become an independent body, which is what people on Samsung are most willing to see. Moreover, Samsung Lee Jae-yong also fully supports Li Yuhao to establish his own "independent kingdom". This not only weakens the strength of CJ Group, but also Li Yuhao is not in the mood to manage their Samsung Group for the time being, so that he will have more time to consolidate his power.
You know, Samsung Group has people who were inserted into the old man of the Zong family before. Their Samsung Li family is not the only one in the group.
Lee Jae-hyun and Lee Jae-yong support Lee Yu-ho to take office. Now CJ Entertainment has changed completely. The shareholders of CJ Entertainment are all panicked. CJ Group and Samsung Group all support this young man, which means that they can only accept their fate. CJ Entertainment’s “Heaven” is no longer CJ Group! But the young man sitting in front of everyone, Li Yu-ho!!
No one spoke at the scene. Li Yuhao smiled and said, "Thank you for your support. Now, I announce that 'CJ Entertainment' has officially become an independent body!! I am the chairman of CJ Entertainment, the agency, TV station, CGV, and radio. The president of CJ Entertainment is still the same as An Zhexi!! Everything is the same. If someone wants to withdraw now, I will acquire the shares in your hands at a price twice the market price. If you are unwilling to withdraw, then you can just collect dividends at home with peace of mind. I don't want to hear any opposition to my decision within the company. Thank you!!"
Lee Jae-hyun and Lee Jae-yong took the lead in applauding, and the audience burst into thunderous applause. But how many of them are out of sincerity? That’s unknown. At least, Lee Yu-ho has taken the first step at the moment!!
The extraordinary general meeting of shareholders ended this change amid applause. Li Yuhao took the lead and took charge of CJ Entertainment.
After the meeting, everyone left the company, Li Yuhao stayed in the conference room, and Li Jae-hyun also stayed. Li Jae-hyun didn't know what Li Yuhao was trying to master CJ Entertainment, so since he didn't understand, he simply asked clearly.
Only Lee Jae-hyun and Lee Yu-ho were left in the conference room, and he also used the honorific title "Young Master, this time you are in charge of CJ Entertainment??"
"Uncle, don't call me a young master or something. Now many people don't follow the traditional idea of "Zong Family". Just call me Yuhao."
"Well, young master, this is not possible. My father has always told me that our family can have something that is dependent on the Zong family today, so you must not forget the etiquette."
The two of them had already expressed their position in two simple sentences. Li Yuhao asked Li Jae-hyun whether you still recognize the Zong family? Li Jae-hyun answered "Acknowledge". Then everything became simple and clear.
Li Yuhao nodded, "Haha... Uncle, I haven't been to any school during my time in the United States. Now I don't want to stay idle for a day when I return to China. After all, I think I only know about South Korea. So I want to do some entertainment business by myself, and I don't like others to interfere too much, so I let CJ Entertainment break away from CJ Group. But uncle, you can rest assured that the reason why I made everything the same is because I just want to play. Maybe one day I'm tired of playing, I will hand it back to CJ Group."
Li Yuhao didn't say too much, but said that he wanted to play in the entertainment industry, and Li Yuhao didn't change it, how the company still operates, and how it still operates. Li Yuhao would not interfere too much. As for what the "play" in his mouth represents? Only he himself knows it. However, what Li Jae-hyun understands...
As young people like beautiful surfaces, it is normal to be confused by some beautiful things. You can play more while you are young. Since there is a "convenient door" why not use it?
Of course, that evil idea was what Lee Jae-hyun understood as Li Yuhao's entertainment career.
After hearing Li Yuhao's words, Li Jae-hyun smiled and nodded, "I understand, since you like the entertainment industry, just do it well. Then I will hand over CJ Entertainment to you. If you have any needs in the future, call me. By the way, I will introduce you to the president of CJ Entertainment."
"Well, okay. After all, I can't come to the company every day. He still needs to take charge of the overall situation in the company's operation."
Li Yuhao also knew that An Zhexi could take charge of CJ Entertainment, and he must be Lee Jae-hyun's confidant. Otherwise, Lee Jae-hyun would not have left such a large industry to him for management.
Lee Jae-hyun called, and two or three minutes later, An Cheol-hee appeared in the conference room. After he came in, he bowed to Lee Jae-hyun to greet "President." Then he smiled and nodded at Lee Yu-ho.
"Hahaha... I will not be your president from now on, he will be your president. CJ Entertainment has separated from CJ Group since the shareholders' meeting just ended and has become an independent large entertainment company. Get to know your future president, Li Yuhao, our CJ Group and the Zong Family Master of Samsung Group, and our two group companies, the "Young Master" have absolute controlling stake."
Chapter completed!