0115 Internal and external troubles

As of last week, Zhang Yaowen was still busy every day, negotiating investment proposals with Quicksilver Resources, taking up all his work and entertainment time. It can be said that in addition to sleeping, I am busy with this thing every day.

Because Zhang Yaowen is the head of the negotiation delegation on the side of Longyue Group, he is not only responsible for the negotiation, but also responsible for the management of the team, the overall scheduling of the negotiation plan, etc., and even the accommodation and travel of the other delegation must be coordinated by him, which is simply a father and a mother.

Formal negotiations between the two sides have begun for more than half a month, although Zhang Yaowen did not choose Quicksilver Resources in the two investment projects, but that is only relative. Both projects are AA-level investments in his team's evaluation system, but Zhang Yaowen prefers the other.

However, when the board of directors chose Quicksilver Resources and had him lead the negotiations, he had to have the obligation and responsibility to negotiate the investment, and dedication was the motto he has been following since he was involved.

But that changed from this week on.

Lu Jiang is the second largest shareholder of Longyue Group, second only to Xiao Yuelong, and is also another industrialist who established Longyue Group with Xiao Yuelong, and the chairman of Dajiang Chemical.

Now Dajiang Chemical of course no longer exists, and after years of development, Longyue Group has already sold the chemical business that was originally merged, and now there is no chemical industry in all the businesses of the group.

Lu Jiang has always been among the major shareholders of Longyue Group, so many years, the group has continued to expand, new funds continue to enter, joining the board of directors, Xiao Yuelong from the initial 60% of the shares have been diluted to the current 34%.

However, Lu Jiang's equity ratio has been very strong, and he has been constantly buying group shares, although it has also been diluted, but compared to Xiao Yuelong, who has been diluted by nearly half, he has only dropped from the original 40 percent to 30 percent, and so far, the equity gap between him and Xiao Yuelong is only 4 percent.

At the beginning of the merger of the two companies, Xiao Yuelong and Lu Jiang had already stipulated in the agreement that the status of the two parties within the company was equal, and there was no difference in all rights and obligations except for the proportion of equity, so the proportion of shares became the weight that determined the words of the two of them on the board of directors.

Cao Renliang is the deputy manager of the investment department of Longyue Group, second only to Zhang Yaowen.

Cao Renliang is over 40 years old this year, and he is much older than Zhang Yaowen. At the same time as the establishment of the investment division of Longyue Group, he was the first batch of employees to be recruited.

At that time, Cao Renliang had been investing in other companies for more than ten years, had considerable experience, and was well-known in the Shanghai investment community. Later, after Lu Jiang went through many screenings, he spent a lot of money to poach him and enter the Longyue Group.

The investment division of Longyue Group has just been established, and it naturally needs capable and experienced investment managers, so Cao Renliang became the first general manager of Longyue Group is the investment division.

Cao Renliang is a man with great ambitions, and he came to Longyue Group not only because of money. The more important reason for him to make the choice to change jobs is that Longyue Group can give him the opportunity to show his strengths. Here, his power will be magnified, and he will no longer be tied as before, and it will be a platform where he can use his fists and feet.

But then things were not as he wished, and in the first few years after entering the Longyue Group, the development of the investment division was not optimistic. The investment led by Cao Renliang has been mixed, and the investment department has not met the expectations of Xiao Yuelong and Lu Jiang, and has always been tepid, and Cao Renliang has also been under great pressure.

Later things are well known, Xiao Yuelong introduced Zhang Yaowen and brought the investment value evaluation system. This has made a qualitative leap in the business level of the investment division. It is not an exaggeration to call the timing of Zhang Yaowen's entry into the company a turning point in the investment division.

Later, two years after Zhang Yaowen entered Longyue Group, he replaced Cao Renliang's original position and was promoted to the general manager of the investment department, while Cao Renliang retired to the position of deputy general manager.

If you want to say that you are not convinced, of course Cao Renliang has it in his heart. I have worked hard in the investment industry for nearly 20 years, but I was compared to a junior who was only in his early thirties, and the limelight was stolen. But when he saw the achievements brought by Zhang Yaowen, he had to admire it, but he inevitably left a pimple in his heart.

Just last week, the company suddenly made a decision that the matter of this negotiation with Quicksilver Resources Company would be handled by Cao Renliang, the former deputy head of the group. Zhang Yaowen, on the other hand, removed all matters related to this negotiation and returned to investment evaluation.

This is a very difficult thing to understand, and in the middle of the negotiations, Zhang Yaowen suddenly removed the important people in the negotiations, and Zhang Yaowen did not understand it very much. And it's not just the replacement, it's completely kicked himself out, I don't understand what the top brass thinks.

Zhang Yaowen approached Xiao Yuelong for this matter, but Xiao Yuelong's reply was that all this was the opinion of the board of directors, and they felt that it would be more appropriate for Cao Renliang, who was more experienced, to be the chairman of the negotiations.

From Xiao Yuelong's words, Zhang Yaowen faintly heard a trace of helplessness, but he didn't ask.

The company has developed to the present, with a market value of more than 10 billion, of course, it is no longer as simple as when it was just merged.

At the beginning of the merger of the company, Xiao Yuelong and Lu Jiang were both based on the collective interests of the company, and tried their best to make the company bigger and stronger.

But as the company gets bigger and bigger, the negligible conflicts of interest or uneven distribution can be ignored, but now it's different, and everyone is starting to make small calculations.

The group itself has become a big cake, and the board of directors eats it. Among the shareholders, it is inevitable that there will be people who covet the share in the hands of others and want to take it for themselves.

Over the past few years, Xiao Yuelong has gradually felt the atmosphere that is slowly emerging in the board of directors, but he no longer enjoys the high degree of control over the company as before.

When Xiao Yuelong's shareholding ratio dropped from 60 percent to less than 50 percent, he had already lost relative control of the company, and if it fell to less than one-third, then the group could be taken by others to have absolute control. For this reason, he has been trying to keep his stake at 34% for the past two years, guarding his last line of defense.

At the same time, he also became a gang on the board of directors, not out of his original intention, but because Lu Jiang had already taken a step ahead of him and began to lay out, Xiao Yuelong did this completely out of helplessness and passively.

The matter of removing the chairman of the negotiation was indeed resolved by the board of directors, and more than half of them were in favor of Cao Renliang as the chairman. This time, Xiao Yuelong felt the threat from within, which was beyond his imagination.