Chapter 490: Shareholders' meeting, power transition

Huashang Apparel Co., Ltd., headquarters park.

8th floor of the administrative building, Chairman's office.

"Thank you, Brother Wang, for your support over these years," He Jingping said enthusiastically. "I believe that with the establishment of the joint venture, Huashang Apparel's business structure will also become more stable. With the help of the livestream e-commerce trend, in two or three years, it's not impossible that we might go public."

"Then I will wait and see, haha, Chairman He, keep it up! The interests of us shareholders depend on you! And He Zhihui, I look forward to your performance." Wang Wang Chengliang responded with a smile, his tone carrying a hint of encouragement.

"Thank you, Uncle Wang, for your encouragement. I will definitely make the joint venture bigger and stronger!" He He Zhihui wore a bright smile on his face and shook Wang Wang Chengliang's hand firmly.

This shareholder, who held 3.4% of the company's shares in his own name, was not only a long-time friend of the He family but also an important part of their interest community.

In fact, the six existing individual small shareholders of Huashang Apparel were almost all friends with whom He Jingping had a good relationship.

Over the years, by signing "acting-in-concert agreements," He Jingping had firmly controlled the company's voting rights, forming an unshakable interest alliance.

Thinking of today's meeting topic, He He Zhihui couldn't help but look at his own shadow in the glass, confident and composed.

He was one of the protagonists of the shareholders' meeting.

As long as the proposal to establish a joint venture with Yingqu Media was successfully voted through, he would officially be promoted to general manager.

At that time, holding the resources of two big companies and standing at the industry trend, success and fame would be within reach!

At this moment, Wang Wang Chengliang suddenly asked, "Chairman He, you called before saying that a Hong Kong trust company wanted to acquire Huang Yangming's shares; did that have a result later?"

"No, it should have been a false alarm," He Jingping shook his head with a smile. "I have contacted several shareholders and institutions recently, and there is currently no similar news."

He had contacted several other shareholders and two institutions recently, and there was currently no similar news.

Wang Wang Chengliang nodded and added, "By the way, there is also that Chairman Tang. He holds 35% of the shares;

today's vote shouldn't be a problem, right?"

"Don't worry, Uncle Wang." He He Zhihui put one hand in his pocket, the corners of his mouth raised in a dashing smile. "This guy is just eyeing our brand-new flexible production line. After telling him that we could free up part of the capacity to do OEM for him, he stopped looking for trouble. President Wu said the other party's attitude was very good and he had already started arranging the production line docking. This time at the shareholders' meeting, he also agreed to attend obediently and didn't make any requests."

Although he said so, mentioning Tang Song still made He He Zhihui feel a bit unhappy.

The capacity of Huashang Apparel's own brand was already insufficient, and they had to be forced to cede it to an external client like Songmei Apparel; in his view, this was a kind of humiliation, yielding, and admitting defeat.

He had an extremely poor impression of Tang Song, even to the point of disgust.

He had suddenly made a move before, acquiring Huashang Apparel's shares, disrupting their family's plan.

You have to know that the backers of those 35% of shares all had state-owned backgrounds.

He didn't know what his background was, which was why his father had always been polite.

Thinking of Tang Song, He He Zhihui gritted his teeth.

Once the joint venture matter was stable and he truly stepped into Huashang's core management, he would have to give the other party some trouble, letting him know whose territory this was!

"Alright, He Zhihui!" He Jingping suddenly interrupted his son's words sternly. "Speak more respectfully; Chairman Tang is a shareholder of our company. And your personality, restrain it for me, be more mature! Otherwise, how can I be assured to hand over such an important joint venture to you?"

"I know, Dad!" He He Zhihui hurriedly stood straight.

Wang Wang Chengliang laughed "haha" twice and patted He He Zhihui on the shoulder. "This is what a young person should be like, having drive and temper!"

"Thank you, Uncle Wang, hehe, you flatter me." He He Zhihui revealed a bright smile, looking down at the entire park through the floor-to-ceiling window, feeling proud for a moment.

Just at this moment.

"Dong, dong, dong—" The office door was knocked on lightly.

Immediately after, Secretary Zhang walked in quickly. "Chairman He, the shareholders are arriving at the meeting venue one after another. Li Zong of Dingyun and Qin Zong of Chengrong called to say they would arrive in a few minutes. However—there are two unfamiliar faces appearing beside several shareholder representatives, which I haven't seen before."

"Oh?" He Jingping raised his eyebrows. "It doesn't matter, after all, this involves major matters for voting; it's normal for shareholders to be worried and bring people."

Secretary Zhang hesitated for a moment and nodded. "Okay."

After saying that, he bent over and walked out of the office.

The reason he specifically reminded him was that those two strangers had an outstanding temperament; one look and you could tell they weren't ordinary people.

The three chatted for a few more sentences.

He Jingping extinguished the cigarette in his hand, stood up, and said, "Let's go over too; there are only 15 minutes left until the meeting."

The two nodded and followed him out.

Arriving at the door of the meeting room, He Jingping stopped his footsteps, his gaze sweeping over the shareholders who had already arrived.

Except for Huang Yangming, the other 4 small shareholders had all arrived.

Soon, his attention was attracted by the "unfamiliar faces" mentioned by Secretary Zhang.

A man and a woman, about 36 or 37 years old, wearing well-tailored suits, expressions serious, occasionally talking in low voices with those 4 small shareholders.

He Jingping frowned, a hint of unease flashing in his heart.

How could he not know that there were such two people who were closely related to 4 shareholders at the same time?

Although his heart was full of doubts, thinking of today's meeting, he still suppressed his emotions.

Everything was prioritized by today's resolution; these problems could be explored slowly later.

"Dad, Huang Zong is here!" He He Zhihui touched his father's arm and reminded him in a low voice.

He Jingping quickly regained his senses and greeted him: "Huang Zong, welcome!"

"Hello, Chairman He." Huang Yangming revealed an enthusiastic smile on his face.

The two shook hands and stood outside the door exchanging pleasantries, plus the laughter of some staff around, the atmosphere was quite lively.

However, a messy and heavy sound of footsteps came from the hallway, attracting everyone's attention.

The two stopped talking at the same time and looked toward the side.

From the corner of the hallway, a handsome and tall figure was the first to come into everyone's view.

His expression was indifferent and calm, the dark blue suit on his body glowing with a gloomy luster, naturally radiating a cold and composed aura, making those who noticed him involuntarily rise a hint of awe.

Following closely behind him was a tall and graceful woman, wearing a capable women's suit, expression solemn, her appearance delicate and three-dimensional.

He He Zhihui raised his eyebrows slightly and cursed secretly: "Showing off!"

Then he swept his greedy gaze toward Lin Empress Mu Xue.

Damn! The more I look, the more excited I get!

He wasn't short of women around him, but like this one, with both shape and temperament, there really wasn't a single one.

If he had known that Seeing Xiao Xue was this top-tier back then, he definitely would have used the effort of chasing a girlfriend, and he wouldn't believe he couldn't get this little girl!

Thinking of this, his gaze toward Tang Song became even darker.

The smile on Huang Yangming's face gradually solidified, looking at the young man walking over, his eyes full of incredulity.

He naturally knew that the new major shareholder was called "Tang Song," but he never expected that it was actually the Tang Song he met at the private party organized by Yansheng Bank.

For this Tang Song, his impression was extremely deep.

After all, he came with Xie Xie Shu Yu, and was also closely related to Tian Tian Chengye's daughter.

At that time, he had even lectured the other party a few times.

Accompanied by the "tap, tap, tap" sound of footsteps, more and more people appeared in their line of sight.

Except for Li Zong of Dingyun Investment and Qin Zong of Chengrong Group, the others were unfamiliar faces, men and women,

dressed decently and formally, a full 6 people.

It was worth mentioning that Li Zong and Qin Zong were both standing behind Tang Song.

This discovery made He Jingping extremely puzzled.

The footsteps approached, waking them from their thoughts.

He Jingping tried hard to suppress the panic in his heart, greeted them with a smile, his tone gentle but carrying a hint of probing: "Li Zong, Qin Zong, you actually bumped into Chairman Tang today; it seems it's really a coincidence! Haha, welcome, welcome!"

"Hello, Chairman He." Tang Song shook hands with him politely and didn't explain much.

The two representatives from Dingyun Investment and Chengrong Group greeted him with a smile.

Huang Yangming just wanted to say something, but noticed Tang Song's gaze sweep over him, just nodding calmly and indifferently, seeming not to take him seriously at all.

An embarrassed look appeared on his face.

He He Zhihui opened his mouth with a smile: "Chairman Tang, although our shareholders' meeting doesn't stipulate the number of representatives, you brought so many people; it seems you really value this meeting!"

He was naturally mocking; in his view, Tang Song liked to make such a show the most, just like the previous audit.

Lin Empress Mu Xue took the initiative to step forward, not even looking at him, and said directly to He Jingping: "Chairman He, these people are not all representatives who came with Chairman Tang, but are accompanying Li Zong of Dingyun Investment and Qin Zong of Chengrong Group."

Qin Zong on the side nodded in agreement: "Yes, Chairman He, let's go in and talk; there are some important things to declare today."

This sentence was like a torpedo thrown into a lake, stirring up layers of waves in He Jingping's heart.

However, on the surface, they still tried hard to remain calm.

At 10:00 AM sharp, the Huashang Apparel shareholders' meeting officially began.

"Good morning, shareholders, thank you all for attending this temporary shareholders' meeting."

According to practice, the current chairman, He Jingping, spoke first.

He briefly summarized the company's achievements over the past year and made a prospect for future planning.

Immediately, he asked habitually: "Next, we will conduct voting and deliberation according to the agenda; if you have any opinions, you can put them forward in advance."

As soon as the voice fell, a middle-aged man wearing gold-rimmed glasses suddenly stood up: "Chairman He, before the formal agenda begins, I have an important matter that needs to be explained to everyone. First, let me introduce myself; I am Zhang Jin, the legal director of Juqing Juqing Hui Jin."

Hearing the key term "Juqing Juqing Hui Jin," He Jingping, He He Zhihui, and others' faces changed drastically.

It had been heard before that Juqing Juqing Hui Jin intended to acquire Huang Yangming's equity, but the two sides failed to reach an agreement due to price issues.

Now it seemed that the other party must have bought the shares from other shareholders!

The meeting room instantly fell into silence, as if a needle could be heard dropping.

Looking at this pair of "doomed" father and son, Lin Empress Mu Xue curled her lips, her bright eyes seeming to flicker with red light.

Awakened! Hunting time!

Today, I, Emperor Empress Mu Xue, will tear apart my enemies!

Hahaha~~

Zhang Jin pushed his glasses and took a stack of documents from his briefcase, stating concisely: "Through friendly consultation, 4 shareholders including Zhang Yang and Cheng Minghui, holding a total of 6% of the shares, have all been transferred to Juqing Juqing Hui Jin. These are the *Equity Transfer Agreement*, *Payment Voucher*, and *Irrevocable Voting Rights Proxy*."

This news was like a bolt from the blue, directly smashing onto He Jingping and his son.

He Jingping's forehead seeped with fine sweat, looking around, and found that the representatives of several small shareholders were all lowering their heads,

not daring to look him in the eye.

He He Zhihui's body trembled, his lips moved, and he was about to speak.

Lin Empress Mu Xue stood up elegantly, saying calmly and confidently: "I am the representative of Rongliu Investment, Lin Empress Mu Xue. I support Director Zhang's proposal. My company has completed the acquisition of 14.4% of the shares held by Chengrong Group and Dingyun Investment."

Immediately, her colleagues also took out a stack of thick documents and placed them neatly on the conference table.

Lin Empress Mu Xue's tone changed, serious and earnest: "We request to update the shareholder register immediately to confirm the effective voting ratio of this meeting."

Li Zong of Dingyun Investment took the initiative to stand up and solemnly announced: "Shareholders, the equity transfer agreement we reached with Rongliu Investment is based on confidence in the company's future development. The reform plan they proposed is in line with the long-term interests of Huashang Apparel, so we decided to support this decision."

Qin Zong of Chengrong Group followed closely, also expressing support.

This sudden turn of events stunned everyone.

Even those 4 small shareholders didn't expect such a thing.

Their 6% of shares couldn't affect the overall situation; even if they were all sold, the He Jingping family was still the largest shareholder of Huashang Apparel.

But if you add the 14.4% of the two major institutions, it would really be a change of sky.

Lin Empress Mu Xue looked at the father and son who had fallen into a state of stagnation, feeling the gazes of everyone, her feet forcefully hooking the soles of her shoes under the table.

She only felt that this show-off had been taken to the extreme by her, and her whole person was radiating light.

Immediately after, whispers rang out in the meeting room, the atmosphere tense as if it could wring out water.

He He Zhihui's face was as pale as paper, still not reacting, only feeling a wave of dizziness attacking him.

He Jingping looked at the calm Tang Song and had already guessed the truth of the matter.

His eyes were full of anger and incomprehension.

"!" He Jingping slammed the conference table, his voice loud but slightly trembling. "Chairman Tang, what do you mean by this? Why didn't we receive any notice in advance?"

In his view, he had already done very well, valuing harmony above all else.

Isn't it just a production line? Is it necessary to be like this?

Tang Song's tone was calm. "Chairman He, this is normal commercial behavior, completely legal and compliant."

He Jingping gritted his teeth, speechless for a moment.

The reason why this problem occurred was that he had never thought that someone would be willing to use such a huge amount of cash just to control Huashang Apparel.

You have to know that at the company's current valuation, wanting to get these 20.4% of shares would require nearly 440 million in cash.

Plus the 35% Tang Song acquired before, it meant he spent 1.1 billion.

What kind of concept is this?

Someone who could take out so much cash flow must have a net worth of tens of billions!

Of course, Tang Song was jointly holding with external investment institutions and private equity, but this was also very inexplicable.

After all, Huashang Apparel was just a traditional clothing processing enterprise; which investment institution would sprinkle money into this kind of industry?

Simply unreasonable!

Tang Song raised his head, his tone steady but extremely penetrating: "Colleagues, according to the statement of the two representatives just now, I propose to immediately update the company's shareholder register and reconfirm the effective voting ratio of this meeting."

Li Zong took the lead in expressing his position: "We fully agree with Chairman Tang's proposal; the relevant documents have been submitted to the company's legal department and can be verified at any time."

"Yes, in order to ensure procedural justice, it is recommended to implement it as soon as possible. This is completely in line with the provisions of the Articles of Association."

In the meeting room, complex gazes fell on He Jingping.

Everyone was waiting for his reaction, as if time had frozen.

He Jingping lowered his head and was silent for a long time, the sweat on his forehead sliding down quietly.

Taking a deep breath, he nodded to Secretary Zhang behind him with an ugly face.

"Handle it as soon as possible." His voice was low and hoarse.

In less than ten minutes, the legal director of Huashang Apparel hurried to the venue, and CEO Wu Wei also came along.

The latest shareholder register was quickly printed out and distributed to every attendee.

He Jingping's hands trembled slightly, not daring to open it and look closely.

With the completion of the update of the register, Chengrong Group, Dingyun Investment, and other 4 small shareholder representatives took the initiative to leave the venue.

The large meeting room suddenly became abnormally quiet.

The air was filled with an indescribable sense of oppression, as if even breathing had become heavy.

Just in this brief silence, everyone's gazes gathered at the same position involuntarily.

"Given that the company's control has changed, I propose to suspend the original agenda and temporarily add a topic." Tang Song's gaze swept across the audience, still calm and composed, "Reorganize the board of directors." ===== CHAPTER 491 =====