Chapter 548: Battle for Equity(1/3)
Chapter 549 Battle for Equity
"Bo Li, how could you do this! It really disappoints me!"
In the high-level conference room of Xu Group, Xu Bonian, chairman of Xu Group, looked ashen during the emergency board meeting convened.
He knew that Xu Boli still held a grudge against Xu Jinsong's previous assassination, and the two might even have a fierce conflict again in the future.
However, he never expected that at this critical moment of life and death for the Xu family, Xu Boli would actually use this method of killing a thousand enemies and damaging himself eight hundred to completely break up with them!
"No matter how much our Xu family fights, it's all our family's business. Now that the enemy is facing us, you are giving the enemy a knife and shorting our own company!
Do you know that doing this will hurt your loved ones and make your enemies happy?
If one thing goes wrong, our Xu family may face catastrophe, and the family legacy will be destroyed in one day!"
Xu Bonian banged his crutch hard.
He was indeed anxious.
Today's Xu Group can be said to be suffering from internal and external troubles.
The case of Daniu Venture Capital has attracted a lot of attention. Investors have made a fuss and are running on the company, the official account has been destroyed, and the self-media has criticized it verbally and in writing. It cannot be covered even if it wants to.
Although Hong Tianfang's relationship delayed the investigators' intervention, there was not much time left for them, and they would definitely have to give an explanation in the end.
The stock price of Xu Group, under various negative news and joint pressure from many parties, has plummeted for a week in a row. The stock price has only reached 13 yuan per share, which is almost cut off.
According to various clues, the mysterious enemy in the dark is probably gathering low-price chips and will give them a fatal blow at some unknown time.
How could he sit still at this time?
Before Xu Boli opened his mouth across from him, his only son Xu Jinbai, who was sitting next to him, had already stared back without showing any signs of weakness.
"It's painful for relatives, but happy for enemies? Huh! That's nice to say. When Xu Jinsong disowns his relatives, isn't it also painful for relatives, but happy for enemies?"
What? Your eldest brother’s life is life, but the life of our third brother is not life?”
Xu Bonian's face twitched.
He couldn't refute this. After all, if he really wanted to say it, they were the ones who were wrong in the first place.
He couldn't help but glared at Xu Jinsong, who had a low-browed look beside him.
You bastard! It's all your fault!
Xu Jinsong didn't dare to meet the old man's eyes at this time.
He could only look at Xu Boli sitting opposite with a gloomy face and a cold gaze.
Although he wanted to kill his third uncle immediately, he knew that if he stood up in this situation, it would most likely add fuel to the fire and intensify the conflict between the two parties.
The best solution at present is to let the old man come forward and persuade Xu Boli to give up the internal fight.
After Xu's own internal problems are solved, he can concentrate on solving the troubles of Daniu Venture Capital...
"Brother, don't say it so righteously. If you are disappointed in me, how can I be disappointed in you?"
Xu Boli, who had been silent, finally spoke and glanced at Xu Jinsong.
"Some people can collude with outsiders to harm their third uncle. As my third uncle, it's not too much to make some friends outside and reciprocate politely, right?
Besides, I’m short of money recently, so while the stock price is at a high level, is there anything wrong with buying some shares to withdraw funds?”
Seeing that Xu Bonian wanted to say something else, he immediately raised his hand to stop him.
"Okay, brother, the matter is over, it doesn't matter who is right or wrong.
But you are right about one thing, no matter how much our Xu family fights, it is still our own family’s business.
Don't worry, I'm not stupid enough to hand over control of the company to outsiders.
But if you want to ease the relationship between the two parties...can the position of CEO be replaced?"
Xu Jinsong’s face twitched fiercely!
However, Xu Boli continued.
"I believe the directors here have also seen that in just a few years after Xu Jinsong took over the company, the group's problems have emerged one after another.
Whichever strategy he made either failed or suffered a loss, each time it brought huge losses to the group!
This time, our Xu family is at the forefront of the storm. Now people say that our group is unscrupulous and specializes in defrauding people of their money, which has caused irreparable losses to our brand and reputation!
If this continues, it may still be unknown whether the Xu Group's family legacy can be preserved.
Things can be done once or twice, not repeated!
It's not that we haven't given him a chance, but Xu Jinsong obviously doesn't have the ability to be the helmsman of the group.
For the group's crisis public relations and even future development...
I propose that the current group CEO Xu Jinsong...takes the blame and resigns!"
Resign?!
As soon as this statement came out, Xu Jinsong, who had never wanted to intensify the conflict, could no longer hold his breath.
"Xu Boli! Has the fox's tail finally appeared?
Why did the group fail to make decisions one after another, spread rumors, and even seize the opportunity to inflict heavy losses on its opponents? I’m afraid I have to ask this good uncle of yours!"
Xu Boli's face turned cold.
"What do you mean?"
"What do you mean? It's not that the people in your third room were obstructing it, leaking the internal secrets of our group to outsiders, and colluding inside and outside. How did the group get to this point?
I know you are coveting my position as CEO, but I never expected that your methods would be so despicable!
Regardless of causing heavy losses to the group and harming the interests of everyone, they must collude with outsiders to gain control of the group.
You want my position, right? OK! I can take the blame and resign!
But I want to see how your precious son, who only knows how to run a song and dance group every day and can't even read a financial statement, will run the group!"
The expressions of Xu Boli and his son all changed.
"Xu Jinsong, what did you say! Don't spit on others!"
"Slander! This is naked slander!"
"Ha! I'm slandering others? Who will benefit the most if I go down? Do I need to explain it to all the directors in detail?
As for who you want to put in power, that is Sima Zhao's choice!" Xu Jinsong sneered.
You, Xu Boli, know how to use group interests to kidnap a group of directors, so I can’t use you, Xu Boli, to ignore the overall situation and collude with outsiders to make the board of directors suspicious of you?
With this move, he used retreat to advance, and as expected, he reversed the situation that was unfavorable to him in one fell swoop.
Xu Bonian stared at his third brother with unkind eyes.
Although Xu Jinsong's performance made him more and more disappointed, in the face of family interests, if Xu Boli really colluded with outsiders, the nature would be even more serious.
Moreover, there have been leaks of secrets in the Xu Group one after another. If no one cooperates internally and externally, it is difficult to explain...
The directors of the group present were all whispering among themselves, looking at Xu Boli and his son with a little doubt in their eyes.
Let’s not talk about Xu Boli’s behavior of cheating and adding insult to injury at critical moments.
Xu Jinsong's performance is poor, but compared to Xu Jinbai, who is mediocre in ability and greedy for pleasure, he is completely taller among the short ones.
When it came time to compete, there was no way they would choose Xu Jinbai!
Seeing everyone's performance, Xu Jinsong's lips curved into a smile.
He didn't know whether Xu Boli did it or not, and he had no evidence.
But sometimes the truth is not important, as long as there is a seed of doubt...
Although Xu Boli was furious, he quickly calmed down.
"Ha! As expected of my good nephew, he actually used frame-up to cover up his incompetence.
It seems that even if you are buried with the entire Xu family, you are still unwilling to abdicate in favor of someone worthy of your honor, so we have nothing to say.
Who will win depends on their abilities!"
Xu Bonian looked ugly.
Although as early as the moment when Xu Boli sold his shares aggressively and suppressed the stock price, he knew that the other party was already ready to fight to the death.
But now that the final negotiations may break down, he still feels a little exhausted.
"Bo Li, is it necessary to do this?"
"This is all forced by you!" Xu Boli sneered, "Since you don't care about the overall situation, then don't blame me for killing your relatives out of justice!"
At this point, both sides have completely no room for compromise, and the atmosphere on the scene is tense.
However, everyone knew very well that the confrontation just now was just an attempt to occupy the moral high ground and make each of them famous.
If you want to truly determine the outcome, you still have to see who has more chips...
In other words...that's who controls more group shares!
To be continued...