Chapter 241: The Re-employment Strategy

After Wei Li had a Brunei Island company acquire the equity in everyone's hands, Chen Jiajun already controlled 64.2% of the equity of the China Light and Power Company.

Consequently, he directly announced the convening of a shareholders' meeting, waiting for the few people from the Kadoorie Family to arrive.

Regarding Chen Jiajun's sudden convening of a shareholders' meeting, the few people from the Kadoorie Family, including Luolanshi Jiadaoli, came in person, wanting to see what tricks Chen Jiajun wanted to play.

But as soon as they entered the conference room, the few people from the Kadoorie Family were stunned on the spot.

Because in the conference room that should have been packed, there were only a few people from Chen Jiajun's side, which left the people from the Kadoorie Family somewhat confused.

And Luolanshi Jiadaoli himself suddenly had an ominous feeling.

"Wasn't it said that a shareholders' meeting was being held? Where are the other shareholders?" a person from the Kadoorie Family said with a frown.

Chen Jiajun, however, sat in the boss's chair, puffing on a cigar and said with a relaxed face: "No need to wait, all the shareholders of the China Light and Power Company have arrived, now we can start the meeting directly."

"The shareholders have all arrived, what do you mean?"

Luolanshi Jiadaoli's pupils tightened, and he stared fixedly at Chen Jiajun and said.

Chen Jiajun revealed a faint smile, and it was the kind of smile that belonged to a victor, saying: "Exactly what I said."

"This is impossible, if you dare to violate the terms and acquire the shares of the China Light and Power Company in violation of regulations, don't blame us for reporting you to the Securities and Futures Commission." A young man from the Kadoorie Family shouted at the top of his lungs.

Chen Jiajun impatiently picked his ear and said with a look of disdain: "Who told you that it was I who acquired the shares of the China Light and Power Company? The Longteng Fund still only holds 38% of the shares of CLP."

Luolanshi Jiadaoli said with a cold look in his eyes: "Don't tell me you used such a low-level tactic as a shell company, otherwise you will get into big trouble."

Chen Jiajun said dismissively: "Do you think I am that idiot son of yours?"

"What did you say." Luolanshi's son immediately widened his eyes and pointed at Chen Jiajun.

Chen Jiajun glanced at him and said coldly: "Kid, I advise you to take back your finger."

Regarding Chen Jiajun's threat, that idiot son of Luolanshi was immediately frightened.

Seeing his son get snubbed, Luolanshi said impatiently: "We are also shareholders of the CLP Company, and we have the right to know exactly what has happened."

Chen Jiajun did not speak, and Wei Li, who was on the side, stood up directly: "Mr. Kadoorie, the other shareholders did not come because they sold the equity in their hands to the Brunei Island Industrial Fund at a 100% premium, and I myself am the trustee of the Brunei Island Industrial Fund, responsible for handling all business."

The people of the Kadoorie Family were not fools; they knew very well who Wei Li was.

Turning around and suddenly becoming some agent for the Brunei Island Industrial Fund was clearly trying to fool ghosts.

Wei Li continued: "The Brunei Island Industrial Fund acquired 24.4% of the equity in the hands of other shareholders, so there will be no other shareholders coming."

"You..." Luolanshi Jiadaoli's eyeballs were almost popping out, and he looked at Wei Li in shock.

The other members of the Kadoorie Family were also furious: "These bastards actually dared to betray us."

"Don't put it so harshly, we are also doing this for the good of the company." At this time, Brandt, who was sitting on Chen Jiajun's side, suddenly spoke up.

Luolanshi looked at Brandt with a gloomy face and said: "Brandt, what exactly are you thinking? Don't forget that you are also a member of the Kadoorie Family?"

Brandt revealed a contemptuous smile: "Oh? Is that so? Why have I never felt that way?"

Watching the two start to bicker, Chen Jiajun comfortably changed his posture, preparing to watch the show properly.

Brandt Kadoorie was invited by Chen Jiajun, and he was given a price he could not refuse.

Chen Jiajun said with a smile: "24.4% plus 38% is how much again? Mr. Brandt, my arithmetic is not too good, can you help me calculate it?"

Brandt said with a smile: "Of course I can, Mr. Chen."

As he said this, he took out a calculator with great seriousness, and then said with an exaggerated expression: "It has already exceeded 62.4%."

Chen Jiajun revealed a satisfied smile, and then said to Wei Li: "I think the management in the group has been chaotic recently, and some people have been obstructing things, causing the group's stock price to plummet. It is time to re-elect a Chairman to preside over the overall situation."

Wei Li nodded and said: "Of course, the Brunei Island Industrial Fund feels the same way, so I represent the Brunei Island Industrial Fund in choosing Mr. Chen Jiajun to serve as the Chairman of the China Light and Power Company. Please vote, everyone."

Next, the representative of the Longteng Fund raised their hand, the remaining small shareholders represented by Brandt also raised their hands, and Wei Li also followed by raising his hand.

These raised hands were like slaps to the face of the Kadoorie Family, one after another, very loudly.

"I object." The people from the Kadoorie Family said viciously: "And this vote does not count; the change in equity was not notified to us at all."

The people from the Kadoorie Family naturally would not watch Chen Jiajun ascend to the position of Chairman so easily, and they began to shout loudly.

Wei Li said indifferently: "Mr. Kadoorie, I am afraid you have forgotten that Mr. Luolanshi Jiadaoli is no longer the Chairman of the group; the change in equity does not need your consent."

Wei Li's words directly made the few people from the Kadoorie Family look as if they had eaten excrement.

If looks could kill, Chen Jiajun would probably have been hacked to pieces by now.

Luolanshi Jiadaoli was an old fox and knew that their Kadoorie Family's situation was not good now.

What they needed most now was time, so this old thing simply clutched his chest and pretended to be sick.

Even if the few guys from the Kadoorie Family were stupid, they would cooperate with this old fox at this time.

They hurriedly said: "Mr. Luolanshi Jiadaoli is unwell, the matter of electing a Chairman must be postponed."

After saying this, without waiting for others to agree or not, they directly helped the old fox and walked out.

A look of contemptuous smile appeared on Chen Jiajun's face: "That's all the ability they have."

Wei Li said quite confidently: "My documents here have long been complete. If they have the guts, let them go to Brunei Island to find someone to argue with. Hahaha."

"Then there is no problem." Chen Jiajun said with a cold laugh: "Continue to launch an offensive against the Hotel Group. If they refuse to let go, I will definitely make them go back with their pants off."

"I understand, Boss." Wei Li said with a smile.

Next, Luolanshi Jiadaoli began to use various means to investigate the Brunei Island Industrial Fund represented by Wei Li.

It could be said that he used every trick he could possibly use.

Unfortunately, this guy Wei Li was very rigorous in his work, and he simply did not give the Kadoorie Family any opportunity to exploit.

Luolanshi felt somewhat powerless. During a family meeting, he sighed and said: "CLP can no longer be held onto now. Chen Jiajun has already occupied an absolute advantage. It is impossible for us to make a comeback. Let's prioritize keeping the business of the Hotel Group first."

Luolanshi was the revival figure of the Kadoorie Family, and it could be said that his word was law in this family.

Since he had spoken, the arguments of others no longer had any meaning.

Consequently, when CLP held its second shareholders' meeting, Luolanshi Jiadaoli, against his will, intended to sell the equity of the CLP Group in his hands.

Looking at the smug Chen Jiajun, Luolanshi suppressed his anger and said: "I can sell the equity in my hands to you, but there are two conditions."

As a victor, Chen Jiajun had no need to mock such an old guy: "Speak."

"First, acquire the shares in Kadoorie's hands at a 40% premium; second, you must abandon the business of The Hongkong and Shanghai Hotels," Luolanshi Jiadaoli said earnestly.

Chen Jiajun smiled and said, "The second point is no problem; I can agree to it right now. However, for the premium acquisition, it is only 20%."

"Chen Jiajun, you are going too far!" Migao Jiadaoli could not hold back and roared directly on the spot.

Chen Jiajun, who had been all smiles, suddenly turned cold; he tapped Migao Jiadaoli on the chest and said, "Do you think you have the qualifications to bargain?"

"You..." Migao Jiadaoli's face turned the color of pig liver.

Never mind a 20% premium, even if it were below market price, they would still have to sell.

Because if they did not reach an agreement with Chen Jiajun, then the fate of The Hongkong and Shanghai Hotels would be the fate of CLP Group.

When the time came, if Chen Jiajun were to repeat the same trick, then the Kadoorie Family would have nothing left.

Chen Jiajun sneered and said, "Mr. Lawrence Kadoorie said it very well that day: we shall see the real results in our hands. You don't think I would show mercy, do you?"

Lawrence Kadoorie also had to admit that he had underestimated the young man before him.

In this battle, he had lost completely.

"In business, we speak of business; I have lost this battle," Lawrence Kadoorie admitted his defeat very straightforwardly. "I agree to this acquisition plan, but the business over at The Hongkong and Shanghai Hotels..."

Chen Jiajun smiled and said, "Don't worry about such things; I will authorize the voting rights in my hands to the Kadoorie Family."

"Aren't you selling them to us?" Michael Kadoorie said hurriedly.

Chen Jiajun sneered and said, "Even if I were to sell them to you, do you have that much money right now?"

Hearing Chen Jiajun's words, everyone's expressions turned ugly.

After both sides reached an agreement, things became extremely simple; the Kadoorie Family withdrew completely from CLP Group.

And Chen Jiajun, holding 84.4% of CLP Group's shares, became the absolute controlling shareholder.

The position of Chairman of the group naturally fell into Chen Jiajun's hands.

The first thing Chen Jiajun wanted to do was to carry out a Great Purge from top to bottom at the China Light and Power Company.

Since it is called the China Light and Power Company, those Gweilo or their lackeys are naturally not to be kept at all.

Under Chen Jiajun's instruction, Wei Li acted very ruthlessly.

He fired people as soon as he said so, and under the pretext of a major reshuffle of the group, he did not intend to pay a single cent in compensation to these Gweilo.

This directly caused the lower levels of the China Light and Power Company to explode.

And such actions also allowed those Gweilo in the upper echelons of England to find an opportunity.

They were already threatening Chen Jiajun to move the enterprise to England, and this made it even better; they directly bought off quite a few low-level Gweilo employees, preparing for a large-scale protest action.

"So you mean, those Gweilo want to protest?" Chen Jiajun heard Wei Li's report, and a playful expression immediately appeared on his face.

One must know that it has always been Hong Kong people protesting against Gweilo; when has there ever been Gweilo protesting against Hong Kong people?

Wei Li continued, "And I feel that this protest is organized by someone; I think it should be those..."

Chen Jiajun waved his hand: "I know who it is without guessing. To use such a method is to underestimate me, Chen Jiajun, too much."

Wei Li said somewhat anxiously: "If this isn't handled well, we might be in a lot of trouble."

What Wei Li said was not without reason; after all, in this current period, Chinese people are still at a disadvantage.

If things really get blown out of proportion, the other side could have countless follow-up moves.

Chen Jiajun looked at Wei Li speechlessly and said: "Have you gone stupid too? What is the root cause of their protest?"

"The layoff issue, right?" Wei Li said with a blank look.

Chen Jiajun sneered: "Can't you re-hire them first? Sign a new contract for all of them, following the previous contract."

"Ah? Then you still said you wanted to carry out a Great Purge?" Wei Li was stunned for a moment and said.

"How is it that your brain hasn't turned the corner yet? Set a probationary period for all the new contracts for me; you can decide the duration. Once the probationary period is over, just find an excuse to say they are unqualified, won't that do? Transfer them to work at the very bottom, and if they aren't willing, then just get lost," Chen Jiajun said with a calm face.

Wei Li immediately slapped his thigh and stood up: "That's right, the Boss's strategy is still the most brilliant."

Thinking of this, Wei Li immediately prepared to have his subordinates prepare the re-hiring contracts, to calm things down first before doing anything else.

Very quickly, Wei Li used the name of the President to summon the protesting workers and spoke directly about the re-hiring.

These Gweilo were not firm in their resolve to begin with, and they were easily persuaded by Wei Li.

Plus, since it was the same contract as before, they happily signed the contracts, completely failing to notice the big Tai Hang in the contract.

(End of chapter)