Chapter 121: An Inviolable Agreement
The official version of the whole thing is:
When Ms. Li Yinghua died, she left a will, handing over "Xiangjiang Hongming Industry" to her grandson Si Mingyu. If the business is going well during the period and Si Mingyu has not done anything illegal after getting this huge wealth, then he will be told about this agreement in a year. If the conditions are not met, the shares will be donated directly.
After Si Mingyu took over, "Xiangjiang Hongming Industry" operated normally, and the East Asia Mingyu Group founded by him also continued to grow and develop, and he not only did not violate laws and regulations, but also did a lot of charity, which met the conditions for triggering the will.
So, the team of lawyers who hold the will and the agreement came.
"Guoxing Company" has been renamed "Guoxing Group Co., Ltd.", and its many wholly-owned subsidiaries involve dozens of industries. The Group and its subsidiaries have been operating in a low-key, wholly-owned manner.
As of the date the lawyer triggered the agreement, the total assets of the group were worth 793.7 billion Chinese dollars, and the liabilities were 103 billion Chinese dollars. In addition, the group has also invested in dozens of large and small enterprises, and the market value of its shares is more than 400 billion Chinese dollars at the market price on the day.
Yes, this group that is so low-key that most people don't know at all is the assets arranged by the company to Si Mingyu.
The reason why so much is given is because the family elder in the company has spoken. But until now, Si Mingyu still didn't know who this elder was, because his level was not enough and his authority was not enough.
Gu Shuanghui showed Gu Zhanwu that the document was an explanatory material about the causes and consequences of "Guoxing Group Co., Ltd.", which is why Gu Zhanwu reacted so much.
The power of a group company with more than 1 trillion yuan (including shareholdings) is so strong in the Chinese business community, and more importantly, the relationship between this group company and the government is incomparable to others.
It is true that if Gu Shuanghui is no longer the head of the group company, with Penguin's shares and other assets under his own name, a total of nearly 40 billion Chinese dollars can still make him one of the top 100 richest people in China, but the difference between the two is absolutely worlds apart.
originally thought that Si Mingyu was able to get to where he is today because of his father's help, but he didn't expect the reality to be that his father was just a senior worker in other people's homes, this truth is too ironic.
For Gu Shuanghui, once he hands over "Guoxing Group Co., Ltd." to Si Mingyu, he can retire, as long as he and his descendants do not violate laws and regulations, the company can ensure that he is worry-free for generations, and he will still be a rich man with his remaining assets spent on his grandchildren.
That's what the company has rewarded him for decades of hard work, so what's not to be satisfied with?
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Si Mingyu, who was pretending to be sick in the hospital, received a call from Jiang Xueyi, and she told the story of "Guoxing Company" in detail.
Si Mingyu is no stranger to the company's arrangement, in his opinion, as long as there is something reasonable and reasonable, there is nothing that the company can't do, and even if it's unreasonable, as long as it conforms to the objective law, the company can do it.
Not long after, he received a call from Gu Shuanghui again, asking him about the handover of "Guoxing Group Co., Ltd." Si Mingyu could only smile bitterly and say that it would be better to wait a few more days, and it couldn't just be said that it would be fine within two days of hospitalization.
However, Si Mingyu also said that it was the company's arrangement to receive the assets of Guoxing Company, but after the change of ownership, Gu Shuanghui is still the person in charge, and everything else will not change.
From such a big stroke, it can already be seen that money is a number in the eyes of the company, since Gu Shuanghui is a person in the company and takes good care of himself, why not maintain the status quo?
In fact, such a big thing can't be done quickly.
The change of legal person of a small company still requires a bunch of various materials, let alone a group of this size. All the staff of a law firm and an accounting firm live in Guoxing Group, and it takes a week to get the legal documents and audit reports out at the earliest.
The official departments of industry and commerce, taxation and other related departments have sent people, as well as various banks that have intersections with the group company. Even the official State General Office came to find Si Mingyu privately, after all, this matter involved Zhou Gong, and the relevant departments must be investigated.
The final result must be no problem, and Si Mingyu also promised that the agreement would be sent to the National Museum for preservation after use.
After all, the origin of Guoxing Company was more than 70 years ago, and it was also classified at that time, so most people did not know it. Later, it was changed to Guoxing Group, and after a change, even if you are curious, you can't find anything.
Now a will and an agreement have turned over the things of the year, although it is still impossible to know the inside story, but so many people are involved, and the matter about the change of the company's owner to Si Mingyu cannot be hidden.
So although everything is very low-key, and the official has made relevant requirements, everyone who should know knows it, and those who are not qualified to know will continue to know nothing.
The first is to pay off debts. Guoxing Group is rich, but isn't it normal to make money with borrowed money? However, since Si Mingyu doesn't want to go into debt, it's better to return the money to the bank.
In the end, the remaining assets were 690.7 billion Chinese dollars.
However, these do not all belong to Si Mingyu, because when the company was established, the "United Bank", which is now China Resources, accounted for 30% of the shares, and later the official exit, 15% of these shares were repurchased by the company, and the remaining 15% were bought by some private companies.
Because the agreement stipulates that if a shareholder wants to sell his shares, he can only sell them to other shareholders, and if the company does not have enough money at that time, the remaining shares will not be bought by others.
Therefore, the assets of 103.6 billion yuan and the shares of 60 billion companies held by them belong to others.
At that time, the person who could take over the shares at the time of the official withdrawal was certainly not an ordinary person, but also the second generation of each family, but the second generation at that time was different from the current second generation, and the gold content was much larger.
Compared with doing business in person, they were more inclined to invest in some companies to obtain indirect benefits, and Guoxing Company at that time was favored by them because of its particularity.
However, with the ups and downs of each family, the shareholders of the company are constantly changing, and the number of shareholders is gradually decreasing. After all, the difference between the price of one share at the beginning and the price of one share now is 108,000 miles.
Therefore, those who can afford to buy shares are the original shareholders, which leads to the concentration of equity.
So now, there are eight remaining shareholders in the entire company except for Si Mingyu, although these eight people are not well-known in the outside world, but the energy of themselves and the family behind them is no worse than those on the surface.
This is also the reason why many things can be solved by Gu Shuanghui.