Chapter 299: Solid Backing

The shell of Changda Holdings, a listed company, is that Changda Group came from the original listed company Xinrui Pharmaceutical through mergers and acquisitions.

At that time, Changda Group had no way to go public, and Xinrui Pharmaceutical was put on the ST hat by the regulator because of poor performance, Changda Group invested in the acquisition of all the shares of Xinrui Pharmaceutical Company, not only successfully took off the ST hat on the head of Xinrui Pharmaceutical, so that the listed company was re-listed and traded, and with the help of the shell of Xinrui Pharmaceutical, its own three major sectors of high-quality assets were packaged and injected into it, and the performance of the listed company increased several times.

Although all the high-quality assets injected into the listed companies by Changda Group belong to the traditional manufacturing sector, this move is the first step for Guan Yuntian to break away from the traditional manufacturing industry.

In the restructuring negotiations with Changda Group, the management's goal was not to take the money and leave, but to keep their proprietary Chinese medicine program in the new company, allowing them to continue to improve the formula and promote it.

After the completion of the reorganization, the traditional industrial sector of Changda Group was successfully listed on the backdoor, and the listed company was renamed Changda Holdings, while the management of the original Xinrui Pharmaceutical Company headed by Lao Li re-injected the funds obtained from the transfer of the shell of the listed company into the new company, and at the same time became the second largest shareholder of the new listed company, Ye Jiayi, chairman of the new company, fulfilled his promise and gave Lao Li the R&D and marketing funds he wanted, so that Lao Li's Chinese patent medicine project could continue.

After obtaining funds, Lao Li led his team to concentrate on the formula improvement, clinical trials and marketing of Chinese patent medicines, and was indifferent to the affairs of the listed company Changda Holdings.

Seeing what Lao Duan, the new chairman of the listed company, did, Lao Li also felt incomprehensible, but he pinned his hopes on the shareholders of Changda Group to come out and speak.

After waiting for a while, Lao Li was very confused when he saw that the shareholders of Changda Group had taken a blind eye to the matter in front of him. How did he know that Changda Group didn't want to stay in the traditional industry for a long time, and even if anything happened, Guan Yuntian would not be able to go back and clean up the mess.

Although Xinrui Pharmaceutical is now the second largest shareholder of Changda Holdings, their shareholding ratio is only a little more than 10 percent, which is only half of Fengyuan Mining.

Since Changda Group is out of the way, as the leader of Xinrui Pharmaceutical, Lao Li only wants to use his energy in pharmaceuticals, as long as Lao Duan does not interfere in the affairs of Xinrui Pharmaceutical, Lao Li does not want to ask about the board of directors.

However, what Lao Li didn't expect was that he was not only elected as a member of the board of supervisors this time, but also designated as the chairman of the board of supervisors.

According to the strong demand of the shareholders, the first thing the board of supervisors officially began to work was to review the daily expenses of Lao Duan after he took office.

I really don't know if I don't know it, I was shocked when I saw it, and after a preliminary review, it was found that at least half of Lao Duan's daily expenses were illegal or exceeded.

According to a colleague who served on the board of directors of Xinrui Pharmaceutical, Lao Duan was born as a miner, with a low level of education, a short temper, and a rude person

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With a scientific background and a quiet personality, Lao Li can't help but feel a little frightened.

Lao Li thought of Lao Ding of Changda Group, they had frequent contact in the process of mergers and acquisitions that year, and they were already familiar with it, and Lao Ding also presided over the election when the board of supervisors was established.

When it comes to the experience of dealing with people, don't look at Lao Li and Lao Ding are much older than Guan Yuntian, and even Lao Ding himself has to admit that he is more than a little worse than Guan Yuntian, "Your colleague is right, the board members know that Lao Duan is a rough person, and when dealing with this kind of person, you'd better ask Mr. Guan of Changda Group." ”

"Mr. Guan? Yes, he is the CEO of a large enterprise and has seen a lot of the world. ”

"Not only the CEO of a large enterprise, the key is that he started from scratch, has been at the bottom of the society for many years, has dealt with all kinds of people, and has much more experience than you and me. Lao Ding explained.

Subsequently, Lao Li dialed Guan Yuntian's phone, "Hello Mr. Guan! I am Lao Li of Xinrui Pharmaceutical, we have met before." ”

"Xinrui Pharmaceutical Lao Li? Oh, Mr. Li, I remember, after the company was reorganized and listed, we haven't met again, how about it, your Chinese patent medicine is doing well now, right?"

"It's okay, the sales are now several times higher than before. Mr. Guan, call today, I have something to ask you for, please don't hesitate to give advice. ”

"Mr. Li is highly respected and well-informed, how dare Guan give advice!

Now Changda Holdings has not established a board of supervisors, and thanks to the trust of shareholders, I was elected as the chairman of the board of supervisors. ”

"Yo, then I have to congratulate you!"

"Hi, everyone knows that the work of the board of supervisors is to offend people, because the shareholders have a lot of opinions on what the chairman of the board of supervisors does, and the first thing the board of supervisors did after its establishment is to supervise the daily expenses of Lao Duan since he took office. ”

"Lao Duan is not doing that right! Your board of supervisors should supervise his behavior, he is harming the interests of other shareholders!" Guan Yuntian said.

On the one hand, I pointed out that many of his previous expenses had damaged the interests of other shareholders of the company and were illegal consumption, and on the other hand, I also wanted to persuade him to act in the future. ”

"This is the responsibility of the supervisory board, and you can talk to him, point out his mistakes, and ask him to correct them. ”

According to colleagues who serve on the board of directors, Lao Duan has no culture, is rude, and is not easy to communicate. Mr. Guan has dealt with all kinds of people, and what I want to ask is, is there any good way to communicate with this kind of unreasonable so-called rough people?"

"Mr. Li, you are the chairman of the board of supervisors, and it is your duty to exercise the power of supervision according to law, so what is there to be afraid of? No matter whether he is rude or civilized, he must be constrained by the law, and what you represent is the law, and you must have confidence in this! Evil does not prevail over good, and no matter how unreasonable Lao Duan is, he will not dare to do anything to you. You have a large number of shareholders behind you, so talk to him with confidence, point out his mistakes solemnly, and don't have any fear. Guan Yuntian is not only cheering up Lao Li, but what he said is also the truth.

"If Lao Duan just can't listen to him, and he has to go his own way, what do you say about him?" Lao Li was very worried about this.

"Reason with him first, ** law, if he is not

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If you want to go your own way, then issue him a stern warning until legal proceedings are filed, and even remove him from the position of chairman. ”

Lao Li made this call, nominally to ask for advice, but in fact he wanted to listen to Guan Yuntian's tone, because he knew that as long as he could get the support of Changda Group, he would have the most solid backing, and he would have enough confidence in his heart.

After checking some suspicious events in the process of equipment bidding, with the problems found, Lao Li made an appointment to meet with Lao Duan.

In the chairman's office, Lao Li pulled a chair and sat opposite Lao Duan, with a desk in between, "Mr. Duan, I came to you today, I have a few things I want to communicate with you." ”

"The chairman of the board of supervisors is so serious, what's the matter?" Lao Duan leaned back on the leather swivel chair and asked casually.

"After the establishment of the board of supervisors, according to the situation reported by the shareholders, we started to work, did some verification, and found a lot of problems. Lao Li found out the daily expenses of listed companies and the problems in the bidding process of environmental protection equipment.

Before Lao Li finished speaking, Lao Duan became impatient, and he waved his big hand, "Chairman Li, where did you hear this? Isn't this obviously pouring dirty water on me? Some shareholders just have nothing to do, and they speculate behind their backs all day long, don't believe these hearsay things!"

"Mr. Duan, we didn't listen to anyone's rumors, these are all problems that we have verified from the financial department. ”

"The first thing the board of supervisors did was to investigate my problems, is the purpose of your establishment of the board of supervisors to go against me?" Lao Duan was obviously angry.

According to the second paragraph of Article 54 of the Enterprise Law, the board of supervisors is a mandatory institution for listed companies, and its task is to supervise the operation and management of the enterprise, regardless of who is the chairman. After the establishment of the Board of Supervisors, at the request of our shareholders,

First of all, we checked the daily expenses of the management that everyone had a strong reaction to, and then checked some of the events involved in the equipment bidding, not to treat you personally. Lao Li patiently explained.

"It's not aimed at me? You have found my office, who are you not targeting me? Don't be high-sounding with me here, these two things you have checked are only related to me, can you still target others?"

"What I mean, it's not just you, but someone else as the chairman, if the shareholders react strongly, our board of supervisors will also check it. ”

"Well, just believe what you said, now that the problem has been investigated, what do you want? Do you want me to pay out of my own pocket to make up for the so-called excessive and unreasonable expenses in the past?"

"If you strictly follow the provisions of the articles of association, those excessive and unreasonable expenses should be made up by you out of your own pocket, or deducted from the shareholders' dividends in the future, because if you do so, you are harming the interests of other shareholders of the company. However, because Changda Holdings did not have a board of supervisors before, it can be considered that there was a reason for the incident, and the past is not to blame. However, from now on, this situation must change, and any future expenses, as long as the amount is within the scope stipulated in the articles of association, we will not bother, and the supervisory board has the right to prevent any excessive and illegal expenses. Lao Li said confidently.

"Hey, Chairman Li is so big-mouthed! Stop, how can you stop it? I am the chairman of the board, and as long as it is not a major decision of the company, I have the right to make arrangements for daily expenses. ”

"That's right, you are the chairman of the board and have the right to arrange daily expenses, but the financial department cannot reimburse you for the violations and exceedances. ”

Lao Duan didn't pay attention to the chairman of the board of supervisors at all, he smiled contemptuously, "Let's wait and see, see if the financial department listens to you, or listens to me." ”

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