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Chapter 360 - Three-Hundred and Sixty: Backer
Chapter 360 - Three-Hundred and Sixty: Backer
Chapter 360: Chapter Three-Hundred and Sixty: Backer
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
“It seems that you all Imow the reason behind our company’s abnormal stock changes these few days, so I won’t waste time saying any more about that. Everyone here is a long-time partner and contributor to the Shi Corporation and has stayed firm in your stance to support our corporation despite the stock price fluctuations these couple of days,” Shi Yun stated.
“However, I can understand everyone’s hesitation. The Shi Corporation has an unprecedented battle ahead. I don’t want to explain anything or make beautiful promises. You can leave or stay as you wish,” he continued. “Yun Nan will temporarily take over Shi Nian’s duties until he returns. This matter is settled; there’s no need to raise your hands to vote. Also, if anyone wants to sell their shares, feel free to go and find Yun Nan. She’ll give you guys a fair and good price.”
Everyone was speechless and stared dazedly at Yun Nan. Shi Yun stood up and said, “Yun Nan, you can clean up this mess yourself. I’ll go back first and accompany Shi Nian. I haven’t been in this conference room for many years, and stepping foot in here again is making me dizzy.”
“Wait, Mr. Shi—” “Shi Yun—”
Shi Yun turned a deaf ear to the people urging him to stay and strode out. Some shareholders slammed their hands on the table and angrily smashed things, exclaiming, “This—This is outrageous!”
Yun Nan and Chang Yuan sat quietly as the shareholders raged. Chang Yuan tried to stand up several times to maintain order, but Yun Nan stopped him. The shareholders only stopped making a scene and calmed down once more after more than 20 minutes had passed. They looked toward Yun Nan in unison, ready to revolt.
However, Yun Nan didn’t wait for the crowd to speak and spoke up first. “I don’t need you guys to acknowledge me, so please remain silent. If anyone wants to leave the Shi Corporation and sell their shares, state your price, and we’ll talk business. ”
The shareholders immediately threw a fit. “Hmph! Is that what the Shi family is after with this ridiculous idea? Do they wish to own the whole company themselves? Is Shi Yun getting senile in his old age?”
“That’s right! You want to buy our shares? Can you even afford it? Do you know how many shares we own? We’re not those retail investors out there, you know! ”
“Listen to how arrogant she is! Is Shi Yun pushing this young lady to the front to shut us up?”
“If you want to talk business, fine! Then we might as well demand an exorbitant price. I’d like to see how much capital you have!”
Yun Nan stuck to her guns amidst it all; she crossed her arms and sat calmly in her seat, looking at the indignant shareholders before her as they clamored and frothed at the mouth. Only when the crowd noticed her silence did they slowly calm down and begin to glare at her furiously.
Yun Nan smiled faintly. “Are you all done? Then sit down and drink some water before listening to what I have to say.”
Yun Nan stretched out her hand to Chang Yuan, and he handed a folder to her. Yun Nan didn’t flip it open and only tapped the folder with the knuckles of her index finger. “I’ve already read through Shi Corporation’s sales and dividends over the years, and I also know the price that the ‘well-intentioned’ buyer outside has offered for your shares. You guys and I know why you haven’t sold your shares.”
She continued, “Business is business; no matter what decision you make, I won’t object. I also won’t say anything if you still want to sell your shares to outsiders, even though the price I give you is slightly higher than the ones they offer. However, I can only say this: You never know what the future will bring, so it’s best not to burn your bridges. You are all my seniors, so I trust I don’t need to explain any more.”
“Let’s talk about the problem of my capital strength that you guys are worried about. Rest assured, I have some savings. It’s not much more compared to what you gentlemen here have, but it doesn’t pale in comparison either. My grandfather had also specially sent someone to deliver a letter of guarantee from the Gu Corporation before I came to this meeting. I think the name Gu Bei is enough to make everyone feel at ease, right?”
The conference room instantly fell silent. The shareholders had forgotten that Yun Nan wasn’t only a daughter-in-law of the Shi family who hadn’t yet had a wedding; she was also an up-and-coming director on the rise. She was a young director with a lot of say in the entertainment industry, and her movies and documentaries had already earned her a lot of money. Several shareholders here didn’t have as high a net worth as her.
More importantly, she was Gu Bei’s granddaughter! Gu Bei wasn’t a member of the Gu Corporation, but his personal financial resources were greater than the whole Gu Corporation’s! That fact was indisputable.
‘No wonder Shi Yun dared to appoint her as the acting chairman of the Shi Corporation and would rather have her take over than do so himself,’ the shareholders thought. ‘Its because the Shi family is fully confident in Yun Nan’s ability and background.’
“How about it? If anyone has any thoughts, feel free to speak up. I don’t tend to drag my feet when doing things. Everyone leaving this conference room today must decide whether to leave or stay. Make your decision, and I’ll honor it on the spot. I’ll meet your demands should you wish to leave and sell your shares.