Chapter 141 Clash
Chapter 141 Clash
The shareholders who raised their concerns mainly raised questions about "excessive R&D investment" and "high project risk," but upon closer examination, it becomes clear that their focus was slightly different.
This distinction can be simply summarized as "blocking" and "dredging".
The former was represented by General Manager Hu. Although the questions he raised were relatively objective, such as unclear budgets, lack of quantifiable data, and lack of risk contingency plans, his purpose was to use these issues to shut Wei Hongsi up and tell him that the project was simply not feasible.
Most of the shareholders who spoke belonged to this category.
The latter was represented by Hua Zong. He raised issues such as technological barriers, patent layout, and team building, offering both questions and suggestions, essentially telling Wei Hongsi that these issues had to be addressed to reduce project risks.
He shared a similar opinion with General Manager Liu, who was taking a wait-and-see approach.
Their statements were influenced by their technical backgrounds, but they were also an outward manifestation of their subconscious tendencies.
In his subsequent report, Wei Hongsi responded to the questions raised by the shareholders, thereby further probing their attitudes, at which point a more obvious difference became apparent.
The "blocking faction" shareholders either looked displeased, seemingly not expecting Wei Hongsi to have a backup plan that actually dispelled their previous doubts, or they felt more resentful towards this scheming young man, especially Tai Liqun.
Either raise new questions immediately, repair and reinforce the previous "problem wall," and continue to block Wei Hongsi's plan.
The "relativist" shareholders responded in a relatively mild manner, using less aggressive language, and sometimes even showing a hint of admiration on their faces.
At this point, Wei Hongsi knew that his mission was basically complete.
Although the number of "Shu faction" shareholders is small, CEO Dai does not need the support of a majority of shareholders. As long as three or four people can change their stance to support the company's development path, an absolute majority (2/3) can be achieved.
In the latter half of the report, Wei Hongsi no longer needed to deliberately draw attention to the topic; shareholders with opinions could speak up on their own. When the discussion moved to the technical aspects, he handled the situation with ease, even mentioning some cutting-edge industry developments to support his points.
Most shareholders either lack technical knowledge or are in retirement or semi-retirement, and are no longer familiar with the industry's development, so Wei Hongsi felt that these introductions were still very necessary.
However, the feelings evoked by different people are quite different.
Tai Liqun felt increasingly uncomfortable as he listened, feeling like he had been taught a lesson by this young man. Some of the content was clearly aimed at him, as if mocking him for being outdated.
After finishing his report, Wei Hongsi stepped to the front of the stage and bowed: "That concludes my report. Thank you all for listening, and thank you to my seniors for your guidance. Thank you!"
The current senior executives sitting in the audience led the applause.
Dai Songquan clapped his hands while looking to his left and right.
The shareholders' applause was sparse, mostly perfunctory, and a few simply remained indifferent. However, the applause from President Hua and President Liu was quite earnest.
This made Dai Songquan very gratified, because not everyone could not see the industry trend, nor did everyone regard him as an enemy.
Wei Hongsi stepped down from the stage and walked towards his seat.
As I passed behind Tai Liqun, Tai turned to him and said, "Kid, no matter how much scheming you put in, it's useless. This project just won't work with me!"
Wei Hongsi paused for a moment, then said with a faint smile, "I know."
Tai Liqun felt as if he had punched empty air; his chest tightened and his blood rushed to his head. He wished he could drag this despicable young man over and beat him up.
Wei Hongsi walked to his seat. Some of the executives raised their hands to applaud him, while others gave him a thumbs-up. Wei Hongsi smiled, nodded to them, and then sat down.
When Dai Songquan heard the applause behind him stop, he spoke into the microphone, "Mr. Tai, would you like to take another break?"
Tai Liqun said with a long face, "No need, let's speed up the agenda and finish as soon as possible. I have other plans for tonight."
Dai Songquan said, "Even if President Tai doesn't need to rest, we should ask others."
"Mr. Dai, I need to use the restroom." Jiang Kai said, standing up. He then smiled at the shareholders and said, "Excuse me, everyone, I'm not young anymore."
Dai Songquan said, "Then let's take a break, try to keep it to five minutes, so as not to delay President Tai's plans for the evening."
"Okay," Jiang Kai replied, leaving his seat and walking outside. As he passed Tai Liqun, he said to him again, "Mr. Tai, I'm sorry."
Seeing that Jiang Kai had taken the lead, several other shareholders also left to use the restroom.
Wei Hongsi's presentation took up a significant amount of time during the Q&A session, lasting over an hour in total. Many people hadn't used the restroom during the previous break, and having drunk and eaten a lot of fruit during the meeting, they definitely needed to use the restroom now.
In addition, some shareholders are heavy smokers who are not allowed to smoke during meetings. They had been holding back for more than an hour and were basically at their limit, so they took the opportunity to go out and have some fun.
These people were in the same camp as Tai Liqun, and although they couldn't say it out loud, they had a lot of opinions about him.
Just because you're not available doesn't mean you care about other people's availability. Just because you're busy at night doesn't mean others are free. If you really have something important to do, why didn't you make arrangements in advance?
Many people know that Tai Liqun was just using this as an excuse to make a fuss, but his overly selfish statement is hard to accept.
When Tai Liqun saw a large group of people rush out, as if they were deliberately trying to undermine him, his face turned extremely gloomy.
His gaze fell on an investor shareholder across from him, who nodded slightly without making a sound.
Tai Liqun nodded slightly, then leaned back in his chair and closed his eyes to rest.
Actually, he also wanted to use the restroom at this moment, after all, he was over fifty years old and the function of some organs was not as good as before.
But he had spoken so confidently earlier, and he couldn't very well go back on his word. So he made up his mind not to drink a single drop of water until the next break.
Jiang Kai went to the restroom and returned in less than five minutes. The other shareholders who went to the restroom or smoked did not return until seven or eight minutes later.
Once everyone had arrived, Dai Songquan announced the start of the next agenda item.
This section discusses the equity incentive plan, which was presented by Qian Jiayu on behalf of Dai Songquan and the board of directors. Qian Jiayu is not only the general manager of the Risk Response Center but also serves as the board secretary.
The shareholders all knew that Dai Songquan had been trying to push this forward and also wanted to reclaim the 1.5% stake they were holding on behalf of others. Since it concerned everyone's actual interests, they naturally listened more carefully.
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