Chapter 246: The Power Seizure Begins!

"That's right! I just want to control the Shen Group, this is a golden opportunity, I am not afraid of you leaking this opportunity, because I already have enough chips on hand, if you don't do this transaction with me, it is a big deal that I will buy Shen's equity from the secondary market at a high price, my goal will definitely be achieved! Shen Yi said confidently.

Shen Zhenwei's face changed when he heard this, he looked at Shen Yi, and felt that he was powerful and terrifying, as if he had never known him before-Shen Yi's ambition was really boundless!

For a while, the atmosphere in the private room was a little awkward, and no one spoke.

Shen Zhenwei stared at Shen Yi, the expression on his face gradually evolved from shock at the beginning to praise and relief, and secretly said in his heart: "Shen Yi, this kid is really determined and courageous, and he deserves to be my son!" ”

"How? There are two days to go in front of you, one is to sell the equity to me, and you will get a large amount of cash compensation, about 200 million to 300 million! The second way is to continue to retain the equity of the Shen family, and report my plan to the Shen family, but this can't stop me from finally controlling the Shen Group, I have been planning for a long time, and I have prepared sufficient funds to back up, since I dare to come to you to buy equity, I am not afraid that you will leak the secret. Shen Yi said with a serious expression.

"Aren't you afraid that the Shen family will know your thoughts in advance and take the poison pill plan to deal with it?" Shen Zhenwei asked coldly.

"Haha, the poison pill plan requires shareholders to buy new shares at a low price, and now that the Shen Group is in a deep quagmire, it is too late for shareholders to withdraw their shares, how can they buy new shares? The new shares you issue are just a piece of waste paper, and today, with more and more emphasis on corporate governance, the adoption rate of the poison pill program has dropped significantly. The company's board of directors does not want to give the impression of layers of protection to the outside world. Shen Yi smiled.

Shen Zhenwei sighed, Shen Yi was right, now the Shen family is indeed unable to adopt the poison pill plan, even in the face of a hostile takeover, they reluctantly adopted the poison pill plan, and while hitting the opponent, they also dragged themselves into a deeper whirlpool.

"Mr. Shen, have you thought about it? I genuinely want to buy your shares, and I hope you can make this deal with me, which is a good thing for both parties. Shen Yi smiled.

"Xiaoyi, in fact, in terms of blood relationship, you are also a member of the Shen family, and it is acceptable for you to control the board of directors of the Shen Group. However, my father and uncle don't think so, and even Shen Zhentang, the current president of the Shen Group, will not agree to you taking control of the Shen Group. Shen Zhenwei said.

"I know, so I can only take the way of hostile takeover, in short, I must control the Shen Group!" Shen Yi said resolutely.

"Why? The Shen Group is now in ruins, why do you want to buy it? Shen Zhenwei stared at Shen Yi and asked with a puzzled expression.

"Because I fell in love with the pharmaceutical industry of the Shen Group, I think this is an industry that can be bigger and stronger, as long as I can control the Shen Group, I will focus on the pharmaceutical industry, as for the catering sector, I will gradually shrink until I finally withdraw." Shen Yi said.

"Your plan is that the Shen Group will only do medicine in the future?" Shen Zhenwei asked.

"Yes, it also includes health care products, and the Shen's collagen peptide developed by your Shen's Pharmaceutical Group recently is not a sign that Shen's Group is going to enter the field of health care products?" Shen Yi smiled.

"Well, Shen's Group is indeed going to enter the health care product industry." Shen Zhenwei said.

"Mr. Shen, I can give you a few days to think about it, and before the shareholders' meeting is held, you can do this deal with me." Shen Yi smiled.

"Xiaoyi, I don't have to think about it, I owe you and your mother too much, if I can make up for the mistakes I made in the past, I would rather give you 4% of my equity for free!" Shen Zhenwei showed a look of guilt on his face and said categorically.

"Hehe, this is not necessary, I will not take your shares for nothing." Shen Yi shook his head and smiled.

"Then what can I do to forgive me?" Shen Zhenwei said helplessly and painfully: "Xiaoyi, I really hope you can recognize me as a father, I hope you can forgive me!" ”

"Mr. Shen, to tell you the truth, I haven't suffered anything over the years, my mother raised me single-handedly, she has suffered too much, if you can ask for her forgiveness, I can consider accepting you. You don't owe me anything, the person you are most sorry for is my mother, she gave you her youth and everything she had, in exchange for the ruthless humiliation and rejection of the Shen family, which was so unfair to her. Shen Yi Zhengse said.

"Yes, I know, I've been trying to make up for you all these years." Shen Zhenwei sighed.

"There are some mistakes that cannot be repaired, and some scars that cannot be erased." Shen Yi smiled faintly.

Shen Zhenwei's eyes flashed with a sentimental and ashamed glow, stared at Shen Yi, and said with a long sigh: "Xiaoyi, you can take my 4% equity, I don't care if I give money or not, since the day I was dismissed as president, I have the idea of retiring, I have been so tired and tired all these years, and my health is not very good, I need to recuperate, as for where the Shen family will go in the future, it doesn't matter much to me." I just want to have a clear conscience, if you can control the Shen Group in the future, I hope you can carry forward the industry that our Shen family has painstakingly built. ”

"Don't worry, I will." Shen Yi smiled confidently.

"Okay, I'll go back and get ready, and I can trade tomorrow." Shen Zhenwei said.

"Thank you for your cooperation!" Shen Yi smiled.

The next day, Shen Zhenwei did not break his promise, and secretly transferred his 4% equity of the Shen Group to Shen Yi, and the two parties signed a transfer agreement.

Shen Yi transferred 200 million yuan in cash to Shen Zhenwei's account to complete the transaction.

Since Shen's Group received Shen Yi's capital injection, it is making every effort to promote Shen's Pharmaceutical's collagen peptides, and Shen Kangquan and Shen Zhentang never expected that Shen Yi's ambition would be so great that they had begun to dig into the corners of the Shen family.

The strongest fortresses are often the easiest to attack from within......

"Sister Yan, now we have secretly held 26% of the equity of the Shen Group, the board of directors of the Shen Group currently actually holds 27% of the equity, the end of this month is the Shen Group shareholders' meeting to be held, just in time for the triennial re-election of the directors, if you can launch a power seizure action at the shareholders' meeting, you can completely control the Shen Group!" The next morning, Shen Yi found Song Xinyan and said to her excitedly.

"Yes, there is still a 1% stake short, what are you going to do?" Song Xinyan asked.

"I think we should get in touch with the major shareholders of the Shen Group, especially those who are not the Shen family, as far as I know, at the shareholders' meeting of the Shen Group, the Shen family is a minority after all, and those shareholders who are not the Shen family are the ones we want to fight for, they all have the right to vote, and the focus of the following work should be these people." Shen Yi Zhengse said.

"Well, although we are the largest shareholder of the Shen Group and have a relative controlling stake, this does not mean that we can finally control the Shen Group, we must win the support of more than half of the shareholders, if more than half of the shareholders still support the Shen family to take power, then even if we have the right to speak as the largest shareholder, we will not be able to finally control the board of directors." Song Xinyan nodded and said.

"I don't think it's difficult to win the support of shareholders, especially now that the Shen Group is in a crisis, and those shareholders will naturally fall to the largest shareholder, they have already been disappointed in the Shen family, and it is unrealistic to ask them all to unite to support the Shen family." Shen Yi smiled.

"Yes, the Shen Group is actually under our control." Song Xinyan said with a smile.

"Start tomorrow and take action! You are responsible for drawing up a list of major shareholders of the Shen Group, and the two of us will work separately to convince them to support our seizure of power. Shen Yi clenched his fists and said secretly in his heart: "The final battle to seize control of the Shen Group is about to start!" ”

Starting the next day, Song Xinyan obtained the list and information of the major shareholders of the Shen Group through various channels, and acted separately from Shen Yi to start the work of these shareholders.

Many major shareholders are cautiously supportive of Tengyi's entry into the Shen Group, and some shareholders have decided to withdraw from the Shen Group and sell part of their shares.

Shen Yi also bought 3% of the equity at a low price, and the equity under his control reached 29%, exceeding the 27% equity actually held by the board of directors of Shen's Group.

If you want to establish a board of directors under your own control, it is not enough for him to be the commander of the light pole, the Shen family has controlled the group for so many years, after all, it has a deep influence, if only Shen Yi enters the board of directors alone, and the other directors are all descendants of the Shen family or the Shen family, then even if he becomes the chairman, he will be seriously constrained.

Therefore, Shen Yi decided to secretly support his own group of people, first of all, to pull the old subordinates of Tengyi Company into the Shen Group, and the two companies will definitely have to merge and reorganize in the future, and the name of the Shen Group will even be completely sealed.

First of all, Song Xinyan is his right-hand man, as the financial director of Tengyi Company for more than a year, she has made great contributions to the development of the company, this time for the annexation of the Shen Group, she is the chief planner, with her personal charm, should get a director's position.

Shen Yi made a bloody investment this time, and through equity exchange, with her own consent, she replaced 5% of Tengyi Electronics held by her with 5% of the equity of Shen Group, and reached an agreement with her to "act in concert".

The reason why she has such a high equity is to increase Song Xinyan's right to speak, and in the future, after the merger and reorganization of Tengyi Company and Shen Group, Song Xinyan will serve as the chief financial officer.

(To be continued)