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Chapter 713 Executive President

Tang Hao definitely doesn't want Li Chaoren to own too much equity, which will affect the decision-making power. Maybe there will be no impact now. He and Ma Huateng and Ma Yu can kill anyone, but in the future, when the equity is diluted, the risk will increase.

I don’t know what happened to those people in Xiangjiang. They didn’t ask for too much equity at once, and they could get 8% of Qian Duoduo. Then they wanted to get more and increase their holdings to 10%. In addition, Li Chaoren had agreed to 16%, the two combined have 26%.

Only 45% of the equity has allowed the two companies to get 26% at once. This is more than half. There are seven or eight well-known people in the Xiangjiang business world. How can they get 19%? This seems a bit unreasonable.

However, that's how things happened.

In fact, what Tang Hao didn’t know was that everyone wanted to get more equity, but their funds were limited, with 600 million yuan per share, and 10% of it was 6 billion yuan, which was not something that everyone could take out.

A wealthy man can have a lot of wealth, but most of the real estates are included, that is, they count all real estates together, and some stocks are included. This time, the new company does not want their real estate stocks or something, but they want cash.

Everyone knows that a company needs to have backup cash flow, especially a listed company, which has a lot of backup cash flow, which is to deal with emergencies. Generally speaking, no one uses the money.

So they want to get cash flow in such a short time. Although there are many channels and methods, not everyone has that courage to throw away those high-quality assets.

This leads to not having a lot of cash flow and also prevents them from taking too much equity.

Once they sign their own name in the contract, then at night, the cash of the corresponding equity will be deposited into the account opened by the new company. If you don’t make it in, your equity will be cancelled and you will have to pay a considerable liquidated damages.

In this way, those people will take as much equity as they have as much cash as they have, and they will not fire the fire there.

So, this happened, and seven or eight companies acquired a total of 19% of the shares.

Among them, the Huo family made a lot of excitement and immediately obtained 5% of the shares, which was something they had never expected before, but those were not important. The Huo family came prepared this time, and they also showed great courage and finally laughed to the end.

In addition, some people only get 1% of the equity, and there are still several people. The remaining people either get 3% or 4%.

In this way, Qian Duo and Li Chaoren's eldest son have such a lot of room to play.

However, none of those things were cared about by Tang Hao. What he cared more about was that the negotiations had been reached, that is to say, the cooperation had been finalized, and the next thing became very simple.

The cooperation has been ready. Everyone signed their name in less than a few minutes, and then in duplicate it. The new company will retain one signed by everyone, and the others will do the same. Keep one to announce that the new company will officially launch.

When everyone came out of the conference room, some smiled and some smiled bitterly, but no one looked desperate, at most they were disappointed and had not reached the point of despair.

"The press conference is about to begin." Li Chaoren looked at Tang Hao. At this moment, they had all arrived at the conference room.

In the conference room, after completing their tasks, the staff of the Li Chaoren Group took them out of the lounge. They were no longer involved in anything. The protagonist now is the time for the boss in the conference room.

"This new company, well, I suggest that the position of executive president will be held by Mr. Tang Hao and Tang." Ma Yu revealed this incident at this time.

He owns a lot of equity, but his voice is very high.

Tang Hao is the largest shareholder and has convincing strength. There is no problem with letting him serve as the executive president. As for the chairman of the board, there is almost no suspense. It was confirmed early that it was Tang Hao. However, the chairman of the board and the executive president do not necessarily have to belong to the same person.

It is an important position related to the executive president, and all shareholders need to vote.

"I have no objection." Li Chaoren expressed his opinion with a smile.

He is the third largest shareholder and expressed no objection.

"I agree ten thousand times." Ma Huateng also expressed his opinion.

"I know Brother Tang's abilities best. I have met him and then come into contact with him many times. He has no problem with the position of executive president, so I agree 100%. Qian Qian also expressed his opinion.

Now it's good. Several shareholders who hold more than 10% of the shares have expressed their opinions that the opinions of others are no longer important because they hold less shares and have much less voice. You have to refute it, unless you can come up with convincing reasons.

But obviously, none of them have any opinions when Tang Hao serves as the executive president. Even if others have opinions, they must support Tang Hao.

Now that was good, Tang Hao was elected as the executive president of the new company with an unanimous vote.

"I personally have no problem as the executive president, but everyone knows that I am relatively young and I can hold this position, but I need to have several capable executive vice presidents. After all, I still have several companies in the inland area, and those companies have reached a critical moment of development. I cannot stay in Xiangjiang every day."

Tang Hao did not object, and he had been mentally prepared for this, but there were some things that needed to be spread out. He then said: "So, if I were to be the executive president, I could only control the general direction and give all the actual execution to the deputy executive president. In addition, my name can be hung up, but I will not show up in front of the stage. After all, at my age, it is not suitable to show up, and I don't want to go to the stage soon."

After a pause, he continued: "So, these deputy executive presidents need to be someone with very good strength to serve. Of course, we are not in a hurry and can select people slowly. Of course, we are all shareholders. If you think you have this strength, you can also raise them."

He soon entered the role and gave orders.

However, no one felt disgusted because their status was already very clear and they all understood why Tang Hao did this and had no opinions.

...... (To be continued, please search for Astronomy, novels are better, updated and faster!

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