Chapter 1043: Wen Xinya Has Finally Retaliated
The shareholders were flabbergasted after hearing Wen Haowen’s words.
Even Wen Xinya was incredibly astonished, though she could guess who the 5% of shares came from.
In her previous lifetime, Old Mrs. Wen had given those shares to Xia Ruya. However, since they had severed ties with Xia Ruya in this lifetime, it was only understandable that she would give the shares to Wen Haowen.
However, Wen Xinya could not help but find it a little sad.
As Old Mrs. Wen’s son, Wen Haowen was extremely vicious to have coveted his own mother’s shares, regardless of his agenda.
She reckoned that Old Mr. Wen wouldn’t have thought of that either!
With the extra 5% of shares, Wen Haowen would have sufficient power to make decisions and hold his head high in front of the shareholders. It was no wonder that he began acting so confident. It turns out he had such a shocking trump card.
The thought of it made Wen Xinya keep her guard up.
He had used the shareholders and convinced them to approve of the project before using Old Mrs. Wen’s shares to give himself more authority so that he could set up a new department and hire new employees. He then held the board meeting to kick start the entertainment city project. He had a strong motive and agenda, and that was to keep his position in the Wen Corporation.
The mastermind had indeed come up with a seamless plan.
At this moment, someone asked, “CEO Wen, you shouldn’t spout any nonsense. Everyone knows that you only hold 15% of the Wen Corporation’s shares. Where did that 5% come from?”
The shareholders began discussing fervently.
Wen Haowen raised his brows upon sight of the looks of disbelief on everyone’s faces. He explained, “My mother, Madam Qin Shulan, has transferred 5% of her shares to me two years ago. Please take a look…”
The agreement of the transfer of shares was projected on the screen behind Wen Haowen.
Everyone was at a loss for words.
Staring at the shareholders and directors who did not take him seriously, Wen Haowen suddenly felt a surge of confidence and pride, as if they were all beneath him and at his mercy.
Wen Haowen looked at Wen Xinya, thinking to himself, She probably never thought that I would pull such a move and ruin her plans!
And that old fogy Qian Jianhui. Let’s see if he can still laugh from now on.
Feeling a strong sense of superiority, Wen Haowen asked sternly, “Do you guys have any opinions?”
Everyone looked at each other, at a complete loss for words.
At this moment, Wen Xinya smiled and said, “Father, I have something to say about the setup of the new department.”
Wen Haowen had indeed pulled an intelligent move by catching everyone off guard. Even Wen Xinya was shocked. She actually could not imagine the way Wen Haowen looked whenever he had to swallow his pride and succ.u.mb to the shareholders because of how incompetent he was.
Wen Haowen said with raised brows, “Oh? Tell us about it.”
Now that everything had been set in stone, he refused to believe that Wen Xinya would be able to make any changes.
Wen Xinya said slowly, “Father, are you planning to separate the entertainment city from the rest of our current businesses and make it an independent project? Is that why you’re planning to set up a new department and hire new employees?”
Actually, Wen Haowen’s intentions were clear enough. But Wen Xinya had her own reasons for asking such a question.
Since he could not guess what Wen Xinya was thinking, Wen Haowen answered carefully, “Yes, that’s the case.”
Wen Xinya continued, “Does that mean that the new department will focus solely on the entertainment city?”
She was just indirectly repeating her question.
Unable to guess what she was thinking, Wen Haowen was filled with an ominous feeling, for he felt that she wouldn’t ask such a silly question. “You’re right. It’s stated in the proposal.”
Wen Xinya laughed and said, “Dear shareholders and directors, I’m sure all of you are clear that the Wen Corporation has invested in various projects in the past and the most cla.s.sic one is the acquisition of Ai Shang Group. Although some of Ai Shang Group’s employees have joined us, they’re still following our rules and systems. The whole point is to make the management proceed smoothly. We’ve also attained success with such a system. The high sales of Ai Shang’s products is the best proof.”
Wen Xinya’s words made everyone nod in approval. Everyone had witnessed the success of Ai Shang’s products and, because of the product launch, the Wen Corporation was taken to greater heights.
Wen Haowen’s right eyelid twitched uncontrollably as he stared at Wen Xinya, overwhelmed with an ominous feeling.
Secretary He felt the same and thought that there were hidden meanings in Wen Xinya’s words.
Keeping her eyes fixed on Wen Haowen, Wen Xinya said, “Since the entertainment city is an independent project, I suggest that we adopt the same management system as we did after we acquired Ai Shang Group.”
She naturally had no choice but to give in to Wen Haowen’s decision to set up a new department and hire new employees. The new department would be the place where he called the shots. On top of that, Wen Xinya also had to let him possess more power and set up his own company.
Everyone agreed.
Wen Xinya looked at Wen Haowen and continued, “If you set up your independent company and make it part of Wen Corporation, you’ll be able to take charge and hire new employees. The difference is that the Wen Corporation will not take part in the management and we’ll only focus on the year-end performance. The shareholders will be in charge of the investments while the corporation will manage the funds and the directors will carry out the plans. However, there cannot be an intervention for no reason.”
She used the entertainment city to raise the suggestion of Wen Haowen setting up an independent company. Likewise, she had also caught Wen Haowen off guard and gave him no chance to retort. After all, Wen Haowen had already admitted that it would be an independent project and it was only reasonable for him to set up an independent company.