my crew is not human

Chapter 464 General Meeting of Shareholders

Chapter 464 General Meeting of Shareholders
The end of the year is approaching.

The general meeting of shareholders of Tongda Cinema Co., Ltd. will also be held.

A large auditorium under the Shengda Group was already filled with dense crowds.

Below is a large group of minority shareholders, and above are the members of the board of directors.

At present, Tongda Cinemas has nine directors and five supervisors, nine of whom are basically the nine with the highest shares in Tongda shares, excluding Xinghai who joined last year.

According to national laws and the company's articles of association, both directors and supervisors are elected by the shareholders' meeting, but the decision is ultimately based on the number of shares rather than the number of people.

At this moment, Fan Wenzhong was sitting on the chairman's seat, looking at the proposal in his hand, frowning, and muttering to the directors around him from time to time.

Shareholders entered the market one after another, some came by themselves, and some came by agents.

Tang Xia entered the venue at this moment, greeting the shareholders around him from time to time.

He is the person in charge of Xinghai Films, a shareholder and executive of Xinhai Group, and a good friend of Li Cheng.

This time, he came over from Xinhai Group to serve as the person in charge of Xinghai Films, and attended the shareholders' meeting as a legal shareholder.

Li Cheng didn't need to come forward in this kind of situation. In theory, Sun Junliang didn't even have the qualifications to sit on an equal footing with him.

As the third largest shareholder, Tang Xia went directly to the first row below and sat down.

Seeing that everyone was here, the host said: "Hello everyone, the seventh general meeting of shareholders of Tongda Cinemas is now officially started. According to the procedures of the general meeting of shareholders, there are four proposals that need to be approved by everyone this time. There are also five temporary proposals, which are also Everyone’s opinions are needed. The following is the first proposal, regarding the further financing and share expansion of Tongda Cinemas, this time the plan is 100 billion financing, the details are as follows..."

Tang Xia listened carefully below, and took a mobile phone to send a message to Li Cheng.

Expansion of 100 billion at once, the pace is big enough, it feels dangerous, so before Li Xianyun and the others make things difficult, should we take advantage of it first?
Tang Xia sneered in her heart.

The main body of the proposal is simple, but there are many detailed rules. However, shareholders are generally not allowed to ask questions at will. Otherwise, hundreds of people will have one question per person, and this meeting will be endless.

At this moment, after the brief introduction of the first proposal, it is time to vote.

Now it is all electronic voting. Shareholders only need to make their own choices on the computer in front of them, and the news can come out in an instant.

Results came out quickly.

The first proposal passed.

Then came the second proposal, the third proposal.

Time passed in the meeting. When the fourth proposal came, the host of the meeting said: "The following is the co-option of the board of directors. This time the board of directors' candidate list includes the following candidates, Lingyue Company, Feihuo Group, Xingchang Industry, Xinlong Pharmaceutical, Jiamao Chain and Xinghai Films. The two parties with the highest votes will be appointed. Now I will introduce a few candidate directors..."

After the introduction, it's time to vote.

As everyone votes, it will soon appear on the big screen.

Xinlong Pharmaceutical got the first vote, Jiamao Chain got the second place, and Xinghai Films ranked fifth from the bottom.

Seeing this scene, Tang Xia was not surprised, and directly sent a message to Li Cheng: "I lost the election."

"En." Li Cheng sent a simple response.

The host continued: "Now we are making a temporary proposal. The first temporary proposal is co-opted by the board of supervisors, and the proposer is Jingyuan Chemical. Please choose whether the proposal is passed or not."

Everyone chooses again.

by.

The host said: "The list of supervisor candidates is as follows, Xinghai Films..."

Fanwen was a little strange, and asked the people around him: "What's going on? When did Xinghai Films enter the list of supervisors?"

A director next to him said: "Jingyuan Chemical proposed it, but it's nothing, as far as it seems, no one supports them."

Fan Wenzhong hummed.

Yes, they already knew about the relationship between Li Cheng and Li Xianyun.

Damn, it's a good thing to know one step in advance, otherwise, if he becomes the executive director of the board of directors, the problem will be troublesome.

But there is always something wrong in my heart.

He looked at Tang Xia, who represented Xinghai Films, with no expression on his face, as if he didn't care at all.

Fan Wenzhong didn't have much contact with Tang Xia before, so he doesn't know much about this person, and now he just feels that something is wrong.

Under the presidency of the host, the voting for supervisor candidates began.

On the big screen, the name of Xinghai Films appeared vividly on it.

How can it be?

Fan Wenzhong's heart suddenly turned cold.

They were actually elected as supervisors?
He looked around, and all the members of the board of directors shook their heads together, indicating that they did not vote for Xinghai.

An executive director next to him said to Fan Wenzhong: "Determined by the number of votes, although we have more than 50.00% of the equity support, but the votes are two points thin, and most of the minority shareholders voted for Xinghai Films."

Damn, I don't need you to do math problems for me!

Fan Wenzhong asked in a low voice: "This kid is connected in private."

"Well, not surprising." The director next to him replied.

Fan Wen said: "The articles of association of the board of directors need to be revised. We can't vote like this in the future. We must pass them one by one. Otherwise, as long as the minority shareholders unite, they can overturn some of our opinions."

"It's very difficult. This charter itself will not be passed." The executive director next to him replied.

The core focus of the general meeting of shareholders includes the articles of association and the election of directors—on the contrary, the election of the chairman is not a right of the general meeting of shareholders, and is elected by the board of directors itself.

Well, this is like canceling the one-vote veto of the five permanent members of the United Nations, and then being vetoed by the five permanent members.

All candidates must vote together and decide based on the number of votes. This is the greatest right of minority shareholders. If major shareholders vote one by one, doesn't that mean you win every time?

"But the charter itself can be passed centrally." Fan Wenzhong said.

"That will be next year, and there is no such proposal this year." The executive director next to him said, and frowned at the same time.

Even he himself doesn't like it.

Because the process of the minority shareholders fighting for their interests is also the protection of their interests - the companies behind them are inextricably linked with the Shengda Group. Da Group took advantage of Tongda Cinemas, but you can't do it if you keep pumping blood from the cinemas?

The resistance of the minority shareholders itself represents the profits of the executive directors in this area. To put it bluntly, it is their own knife-even if they can't stab Shengda, at least they can be used as the capital of selling.

The board of directors is not in harmony either. They are together on the bright side, but they also have their own ideas in the dark.

It is better to dispel this idea in the model essay. The problem is that it will not be easy if they insist on implementing it.

Look at Xinghai Films.

It turned out that they worked so hard to become supervisors.

Directors and supervisors are different.

The executive director is the company's operating decision-making body and is directly responsible to the shareholders.Supervisors are the statutory and necessary supervisory organs of joint-stock companies.

Supervisors have no day-to-day administrative rights, and the meaning of their existence is to find faults and ensure that the interests of shareholders are not damaged!

That's right, although the executive director has decision-making power, the resolutions are actually made by the executive board of directors. An executive director who only owns [-]% of the shares has no right to speak even if he joins the board of directors.

You can attend the meeting to make resolutions, but all your resolutions will not be passed by the board of directors, which is useless.

But supervisors are different.

I don't need to pass any resolutions, I'm in charge of finding fault!
If you dare to trick someone, I can trick you!

Fuck!
Xinghai Films came here to sabotage, and now Fan Wenzhong and Sun Junliang are in big trouble.

The directors cleared their minds, but looked at Fan Wenzhong gloatingly.

(End of this chapter)

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