Wenqing Office.

"Mr. Chen, have a drink of water."

Mao Xiaoxin came to him holding a glass of water.

The two of them came to Qingyang non-stop. Chen Yang was busy for a long time and didn't even have time to drink.

"Thank you, Xiaoxin!"

Chen Yang took a sip, then closed his eyes, and his mind began to work.

In all likelihood, Wen Changjun and his group are behind the Qingyang Group's affairs.

Wenqing became the young shopkeeper, and the next step is to become the chairman.

Wen Changjun has been in business for twenty years, so naturally he is not willing to lose this position just like this.

This person is very insidious, and the time to attack is also very accurate.

This little trouble is nothing to Wenqing and Qingyang, and it is only a matter of time to get out of trouble.

But his purpose was no longer that. He wanted to use this incident to affect Qingyang's stock price, and then work with Qingyang's shareholders to replace Wenqing as CEO.

Once Wenqing loses his position as CEO, he will naturally not be eligible to be promoted to chief executive.

At this moment, Wen Changjun may have sent people to Hong Kong Island to discuss with those major shareholders.

If they reach an agreement, Wenqing will be completely eliminated.

A plan is a good plan.

It seems to be very unresolved.

But will Chen Yang let them succeed?

Absolutely not!

"Xiaoxin, please bring all the equity structure information of Qingyang Company."

Chen Yang remembered that Wenqing introduced the equity structure of Qingyang Company to him, but he could not remember it clearly.

"Okay Mr. Chen!"

The little secretary trotted to the archives room and came back with a thick stack of folders.

"Qingyang Company was developed through financing from the East China subsidiary of Renhetang. Renhetang and its subsidiaries are the majority shareholders, holding 34% of the shares."

"The second largest shareholder is CITIC Group, which holds 27%."

"The remaining 39% belongs to different Hong Kong companies. The largest shareholding is Zheng Zhongfa, who owns 7% of Qingyang's shares."

"In addition, among the shareholding ratios of Qingyang Company, Renhetang Corporation and its subsidiaries hold 49% and 51% respectively. In the equity structure of the subsidiaries, Mr. Wen and you jointly hold

Thirty-four percent."

Mao Xiaoxin introduced in detail.

After figuring out Qingyang's equity structure, Chen Yang understood a lot.

"I remember Qingqing said at the beginning that as long as she doesn't resign, no one can fire her. What do you mean?"

I may not be able to remember anything else, but Chen Yang still remembers this incident.

"Well, the articles of association of the subsidiary and Qingyang Group were formulated by Mr. Wen himself. The articles of association of the two companies stipulate that the appointment and removal of the general manager or CEO must be approved by more than one-third of the shareholders' meeting.

Okay. Neither the subsidiary nor Qingyang Group has this condition. So in theory, no one can fire Mr. Wen."

Mao Xiaoxin said specifically.

When Wenqing formulated this charter, she was also one of the participants.

That’s it!

Chen Yang also felt relieved.

but……

Mao Xiaoxin hesitated for a moment and said: "This is just a normal situation, but now there are violations. Renhetang can use this reason to replace the chairman and general manager of the subsidiary..."

She didn't say the rest, but Chen Yang could understand.

Under normal circumstances, Renhetang cannot take action against its subsidiaries because Wenqing and he control 34% of the equity.

But now... after all, something illegal has happened.

I believe that the company's articles of association must have provisions in this regard.

The Wen family is already ready to make a move.

The subsidiary company may not be able to survive.

hehe!

As expected, the mountains are falling and the trees are crooked.

The only one you can rely on in the world is yourself.

No one else can.

"If a shareholders' meeting is really held on Hong Kong Island, as long as Renhetang agrees, they can remove Wenqing?"

Chen Yang asked about this.

Mao Xiaoxin nodded.

"What about the conditions for convening a shareholders' meeting? How many people need to agree?"

"More than ten percent."

Hearing Mao Xiaoxin's answer, Chen Yang also frowned.

Doesn't this mean that as long as the Renhetang family makes a request, they will be able to convene a shareholders' meeting?

What a joke!

"Mr. Chen, don't worry too much. Removing the CEO requires the support of 67% of shareholders. It will definitely not be a short time to convince these people. Besides, these people may not support Renhetang unless

Renhetang can offer them some benefits."

Mao Xiaoxin comforted Chen Yang with a few words.

Chen Yang was not so relaxed.

Renhetang has a century-old foundation. Wen Changjun has been running it for so many years. He must be well prepared for this attack. Otherwise, how could Wen Rui be so eager to come and take over Qingyang?

As for the businessmen on Hong Kong Island, Chen Yang didn't expect them either. They were all money-hungry.

Once Renhetang can provide enough benefits, they will probably be tempted.

We must not let them succeed.

"Xiaoxin, what proportion of Qingyang does the subsidiary currently hold?"

Chen Yang asked.

"About seventeen percent?"

Mao Xiaoxin made the general calculation.

The two partnerships hold 34%, with Renhetang holding a little less and subsidiaries holding a little more.

Therefore, in Qingyang, subsidiaries have a greater say.

But the problem now is that Renhetang can remove the identity of the person in charge of Wenqing subsidiary at any time.

Once the bonus from the subsidiary company is gone, Wenqing will not be able to take charge of Qingyang Company.

Wen Qing must be preserved first.

Chen Yang's eyes fell on CITIC Group.

CITIC is a behemoth with the prefix Guo. During his last trip to Hong Kong Island, he had a good chat with a vice president there. Maybe he could use some help.

But relying on CITIC alone is not enough, because CITIC only holds 27% of the shares and needs a helper.

Soon, Chen Yang set his sights on Zheng Zhongfa again.

This person has exactly seven points of shares, no more, no less.

The two of them combined have almost 34%, and counting their own and Qingqing's small shares, it is more than enough.

Chen Yang immediately dialed the number of CITIC Vice President Liu Huaxin.

He had paid a special visit to Chen Yang and was very optimistic about Neptune's plan to go public.

Chen Yang also promised him that as soon as Neptune goes public, he will be the first to contact CITIC.

"Mr. Chen, I've been waiting for your call for a long time."

Liu Huaxin's hearty laughter soon came over the phone.

"Hello, Mr. Liu, I'm sorry to bother you so early in the morning..."

"What are you talking about, Mr. Chen? I really want you to call me. You are our most promising entrepreneur at CITIC."
To be continued...