0685 The last laugh
In the capital, Wang family, ancestral home, Wang Mengyu returned here with excitement, and everyone in the Wang family who had already received the news from him gathered here. There were nine chairs placed in the largest lobby of the ancestral home. The chair in the front was empty, which was the seat of the old man of the Wang family. Although the old man was seriously ill and hospitalized, even if he had only breathe, no one would dare to sit at this position.
Apart from this chair, there were eight men sitting in the other eight positions. The oldest one was already gray-haired, obviously in his fifties and sixties, while the youngest looked extremely young, about forty years old. These people were all real core members of the Wang family. They neither served any officials nor held any positions in their own company, but they determined the direction of the Wang family's giant aircraft carrier.
At this time, Wang Mengyu, the president of Tianqi Consortium, stood respectfully in the center of the lobby, waiting for the decision of the others in the lobby. He had completed his mission and successfully acquired Xutian Group. He could attack Huadu Women's College without any blood. This was a huge opportunity for the entire Wang family. The Wang family had been silent for too long, and it was time to make his own voice in the court. He had the wealth that dominated the lifeline of the Republic, but was willing to be a wealthy family for generations. What was this?
Among the eight people in the lobby, six of them agreed to the Wang family's official career, and only their third uncle and seventh uncle firmly opposed it. But in the face of the general trend, would their opposition be useful? Especially after the old man was critically ill, no one took their opinions seriously. Looking at the ugly faces of the third uncle and seventh uncle, a faint smile appeared on the corner of Wang Mengyu's mouth.
"Mengyu did a good job this time. If he could win Tianxu Group at such a cost, he could peacefully solve the problem of Huadu Women's College. This great contribution is also counted in our Wang family. Therefore, I suggest that Mengyu will still serve as the president of Tianqi Consortium and manage the old city renovation project throughout the process. What do you think?" The gray-haired old man sitting in the front row spoke first.
He is the eldest son of the old man of the Wang family, and Wang Mengyu's uncle, Wang Shuyue.
Wang Mengyu's father, Wang Shuqing, the second son of the Wang family, naturally nodded with a smile, and the others nodded one by one. Only the third son and the seventh son looked entangled, but they were only two of them, so they could not play any role at all?
"No..." Just as Wang Shuyue was about to say his second plan, a crisp sound came from outside the door, and then he saw a handsome boy with a white face and red lips walking in. Seeing the boy, Wang Shuyue's brows immediately frowned.
"Mengpei, this is the place where adults discuss matters. What are you, a child, doing here?"
"Uncle, I am nineteen years old this year, I am not young anymore..." Faced with Wang Shuyue's questioning, Wang Mengpei changed his previous cowardice and said coldly.
Everyone was stunned. They really didn't expect that this timid guy, who had been young, would be so courageous to speak to Wang Shuyue in this tone.
"Mengpei cousin, even if you are already an adult, what qualifications do you have to participate in the family meeting?" Wang Mengyu felt dissatisfied and snorted coldly when she saw Wang Mengpei targeting him as soon as she came.
"I may not be qualified to participate in the family meeting, but I am definitely qualified to participate in the matter about Tianqi Consortium!" Wang Mengpei said coldly.
"Why are you..." Wang Mengyu snorted coldly. This guy only owns 16% of the equity of the Tianqi Consortium. What qualifications do he have to participate?
"I am the largest shareholder of Tianqi Consortium..." Wang Mengpei said proudly.
"Haha, since Xiaopei is willing to attend this meeting, then let's participate together..." Wang Shuyue, who was sitting in the front, smiled softly when she heard Wang Mengpei say that she was the largest shareholder.
The Tianqi Consortium is the largest consortium of the Wang family, occupying nearly 70% of the Wang family's economy. The Wang family's direct clan members even have more than 60% of the equity. As the head of the family, the old man of the Wang family held 48% of the equity alone. He had five men and two women. Now the eldest, the second, the third, the seventh, and the ninth, who had been dead for more than a year, were Wang Mengpei's father.
The Wang family's property has always been passed down to men but not women, so Mr. Wang's two daughters did not share any shares of Tianqi Consortium. The shares in his hands were distributed to his five sons. The eldest son Wang Shuyue and his son Wang Shuqing shared 10% respectively. The third and the seventh sons shared 6%, while the ninth son was the least, only five%. After the ninth son died, these three percent naturally fell into Wang Mengpei's hands. However, the old man loved his grandson very much and finally gave all eleven percent of the shares in his hands to Wang Mengpei. In this way, Wang Mengpei was really one of the largest shareholders.
However, the Wang family also has a regulation that the direct relationship of the Wang family, except for the family, only enjoys dividends for their own equity, but does not have the power to dispose of it. In other words, they are not qualified to sell the equity in their hands, and only the head of the family is qualified to dispose of these equity. Before Mr. Wang was critically ill, although he did not hold the equity in the Tianqi Consortium, as the head of the family, he was qualified to handle any equity. For example, if the boss Wang Shuyue wanted to sell the equity in his hands, he had to obtain the consent of Mr. Wang.
On the contrary, if Mr. Wang wants to sell the equity in the hands of the boss Wang Shuyue, he must also win Wang Shuyue's consent. After all, the owner of the equity is Wang Shuyue! As for other decisions, it does not require Wang Shuyue's consent.
Of course, if shareholders with more than 50% shareholdings oppose certain decisions of the head of the family, the head of the family will also be restricted, at least the decisions of the Tianqi Consortium will be restricted. The advantage of doing so is to restrict the abuse of power by the head of the family and avoid the equity of the Tianqi Consortium falling into the hands of outsiders. No matter how the equity is distributed in the end, no matter how detailed the division is, the Wang family's direct company will eventually occupy more than 60% of the equity.
As a result, the control of the Tianqi Consortium has always been in the hands of the Wang family.
Of course, the people of the Wang family are not vegetarians. In order to enhance their voice in the family, they will always try their best to buy equity from those side tribe members. The equity and dominance of the side tribe members can be entirely on themselves. The old man of the Wang family relied on the help of the previous clan leader and his efforts to receive the equity of other direct and side tribe members at that time into their hands, not only did his own equity reach an astonishing 48%, but also made the number of direct tribe members' equity reach 60%.
The three-percent equity he could deal with alone was actually bought from those people of the side tribe, but in the end he was all exchanged for a few priceless antiques.
"Uncle, you may have misunderstood what I mean. I am not here to listen, but to make the decision. I will not agree to the Huadu Old City renovation project you are discussing!" Seeing the ridiculous expressions on everyone's faces, Wang Mengpei was not angry and said lightly.
"Haha, Xiao Pei, although you have 16% of the equity and are the largest shareholder, 16% of the equity is not enough for you to make any decision. Everyone must discuss this matter!" Seeing Wang Mengpei still insisting stubbornly here, Wang Shuyue smiled faintly, would this little guy really treat himself as the head of the Wang family?
"Uncle, I naturally understand that the major shareholder does not have the right to decide, but what if I control more than 50% of the equity?" Wang Mengpei said with a firm expression, and a sneer appeared unconsciously on the corner of his mouth.
"More than 50%? Haha, Xiao Pei, are you talking in a sleep? Even if your third uncle and seventh uncle support you, you will have at most twenty-eight shares. Why do you have more than 50% of the shares?" Wang Shuyue chuckled, not taking Wang Mengpei's words seriously at all, 51%? Just kidding, no one in the Wang family has been able to own 51% of the shares for so many years.
Even my father doesn't care about having forty-eight percent at most.
"This is not a dream talk, it is a fact. If you don't believe it, you can call immediately to see the equity transactions of the consortium in the past few days..." Wang Mengpei sneered.
Seeing Wang Mengpei so confident, the others' faces changed slightly. They quickly took out their phones and began to inquire about the equity changes of the consortium these days. The more they found out, the more ugly the faces of the few people became. It turned out that 25% of the equity had changed without realizing it. These were those small shareholders, the most of which was three% of the equity in Lao Wu's hands. When they heard this, Wang Shuyue and Wang Shuqing glared at Lao Wu coldly. This guy sold the equity he purchased and didn't say anything.
Fortunately, it was only 25%. Fortunately, he and the second brother had a foresight and had already purchased 5% of the equity of the sidelines. Otherwise, if this guy had bought all of them, he might have been controlled by him!
"I really didn't expect that Xiao Pei, you have such ability. You bought 25% of the equity outside without knowing it. This is something that the old man didn't do at the beginning. But are those equity being yours?" Seeing Wang Mengpei with a calm expression, Wang Shuyue chuckled. Although those equity had changed, he was not sure that it was Wang Mengpei.
"Of course..." Wang Mengpei nodded confidently.
"Okay, even if all these equity shares are in your name, you are only 41% only, which is far from more than 50%!" Seeing Wang Mengpei's confident appearance, Wang Shuyue smiled faintly. This little guy does have some skills, but he is too anxious after all.
Chapter completed!