The Underground Emperor: Starting with Running Away with His Sister-in-Law

This also indicates his desire to continue attending the meeting!

So...

Will Ding Xin, who is essentially the "person in charge" here, be able to "magnanimously" accept his apology and allow them to attend this meeting?

Of course you can!

Today's meeting was supposed to be a shareholders' meeting, and although it could proceed normally without Chen Xingjun and Zhao Taiwu...

But there will inevitably be a lot of trouble afterwards!

And our Uncle Ding is a truly lazy person!

so...

Ding Xin raised an eyebrow, chuckled, and nodded generously, saying, "It's good that you know you were wrong. In that case, stay..."

As he spoke...

He waved his hand with a calm expression.

The thugs immediately understood and left the meeting room without saying a word, while Anhemao and the others returned to their seats.

The tense atmosphere in the meeting room...

With Ding Xin's simple action, the pain was completely relieved.

Seeing this...

The veteran shareholders, led by Zhang Hanshu, all breathed a sigh of relief.

soon...

Chen Xingjun's bodyguard dragged in two chairs from outside and, at Chen Xingjun's signal, placed them at the end of Zhang Hanshu's row...

They know what's good for them!

After this little incident...

Babel Group’s first shareholders’ meeting after bankruptcy reorganization can finally officially begin!

......

Ding Xin had already spoken twice in his opening remarks, but he was interrupted twice.

So he lost interest in saying anything more and had Hwang Chun-sik give a detailed explanation of the current situation of the Babel Group.

This includes the group's current financial situation, business operations, etc...

The document also includes information on the current shareholding structure of several subsidiaries, including the acquisition amount and market valuation, etc.

What's the purpose...?

This is also to ensure that all shareholders present have a clear understanding of the current situation!

After Hwang Chun-sik finished explaining...

Ding Xin then instructed lawyer Hong Cheying to distribute the preliminary restructuring plan for the group that had already been drafted...

In the plan...

This includes adjustments to the group's organizational structure, shareholding structure, and business integration strategies...

Let's talk about the organizational structure and shareholding adjustments first...

Because the Babel Group was liquidated through bankruptcy...

The intangible assets owned by its original parent company, Babel Investment Holdings, have been completely cleared out!

in other words...

Babel Investment Holdings is currently just an empty shell, and its actual significance is almost zero!

Even at the time of the acquisition...

This so-called parent company was essentially an add-on, included in the auction!

In the restructuring plan proposed by Ding Xin's team...

The company's "software" has been completely removed, leaving only its limited real estate assets!

The building where we are all standing right now is one of them!

The next step in the plan...

The idea is to extract a portion of high-quality assets from various group subsidiaries and combine them to establish a new company called Babel Properties, which will serve as the new parent company of the group!

then...

It's about turning small things into a whole!

Let Babel Properties take full control of all its subsidiaries and clean up the messy shareholding structure among them!

Simply put...

All shareholders present no longer hold shares in any of the group's subsidiaries, but instead convert their subsidiary shares into shares of the parent company at an equivalent value!

All subsidiaries are then fully controlled by the parent company, Babel Corporation!

to be honest...

It means putting all your energy and effort into one direction!

Integrate all current resources...

In preparation for the relisting of the Babel Group, which will be reborn from the ashes, a year later!

The essential purpose...

It's all about making more money!

"This plan was developed by a professional team after in-depth research and analysis. It aims to enable the Babel Group to rise again and to maximize everyone's profits!"

Ding Xin spoke slowly and deliberately...

"Of course, this is just a preliminary plan. Everyone is welcome to offer their opinions and suggestions, and we will further refine it based on the specific circumstances!"

Done.

Ding Xin then fell silent.

He picked up the teacup in front of him, moistened his throat, and then picked up the cigarette case on the table, took out a cigarette and lit it.

While smoking, I waited patiently...

After all, this is the first shareholders' meeting, and the group has not yet been formally restructured!

so...

Ding Xin still needs to uphold some democratic principles!

This gives them ample time to consider!

Seeing this...

The shareholders also began to carefully read the proposal in their hands, occasionally whispering among themselves in discussion.

To be honest...

Overall, the plan is quite comprehensive and depicts a very promising future.

Most people present did not have any objections.

However, a small number of people looked troubled and seemed dissatisfied with the plan!

Regarding this...

Ding Xin had anticipated this!

Nothing is ever perfect; everyone has selfish desires.

The biggest flaw in this plan is...

Some of the shareholders present were only interested in certain specific industries!

for example...

One shareholder, who owns shares in Babel Private Hospitals, only has a positive outlook on private hospitals and believes subsidiaries like Babel Logistics and Babel Pharmaceuticals are money-losing ventures...

What he hesitated about was...

If the equity of its subsidiaries is converted into equity of the parent company.

What if other subsidiaries incur losses?

Holding shares in the parent company means being responsible for the profits and losses of all subsidiaries under the group!

in other words...

If by then, several of the group's subsidiaries are operating at a loss...

Perhaps...

His annual income is still less than what he earns from owning a single subsidiary!

This isn't because he's short-sighted...

It is a very practical question, and it is also a normal way of thinking for an investor!