Chapter 1826 - Managing the Shareholders Meeting
Chapter 1826: Managing the Shareholders Meeting
It was revealed to the media that inspectors of industry and commerce would be stationed in the Wen Corporation to find evidence!
When everybody was suspecting the Wen Corporation of money laundering, Wen Xinya got the upper hand by striking first, surprising the media.
Through this, Wen Xinya displayed her boldness which even exceeded that of Old Mr. Wen. It was as if the pupil had surpassed the master. She personally cut off all the escape routes of the Wen Corporation and put the company under the spotlight of the media and public. By doing so, she was going to prove Wen Corporation’s innocence through actions.
Her actions were astounding.
If there were to be any illegal dealings found within the corporation, this would push the company into the depths of hell with no way of making a comeback.
It was hard to say whether she was being ignorant or confident.
However, it was undeniable that Wen Xinya’s mind was similar to Old Mr. Wen. They were bold, decisive and would tackle obstacles head-on. All of the reporters present could not help but admire her.
They went wild.
“Miss Wen, don’t you think you are being too reckless?”
“The scariest thing in this world is when the name of an innocent person is dragged through the mud. The honor and reputation of the Wen Corporation which have been established for half a century would not be sullied so easily. Any price we have to pay to prove our innocence will be worth it, which is why I do not think that I am being reckless.”
“Have you ever considered the consequences your action will bring to Wen Corporation?”
“I reckon that Wen Corporation’s image will not get any worse than it is now. I believe that the Wen Corporation can take on the police investigations, industry and commerce inspections, and the watchful eyes of the public without any problems. As such, I have nothing to fear.”
The 30-minute-long interview then came to an end. Although many reporters were still full of interest, they could not do anything about it.
In the eyes of the reporters who often came into contact with Wen Xinya, she was a legendary girl. She would always do something that was extremely astonishing while treating it as normal.
Like the case on the Wen Corporation money laundering…
***
The employees of the Wen Corporation watched the magnificent and intimidating Miss Wen enter the company. The sounds from her high heels echoed loudly as if they were stepping on everybody’s heart with every step taken.
The strange thing was that everybody’s panic-stricken hearts slowly began to steady.
There was still one minute to the start of the meeting. All of the directors and shareholders had arrived and the meeting room was filled with chatters as they discussed the matters on the money laundering case.
“Bang—”
The door to the meeting room flew open. Wen Xinya entered slowly and sat down nonchalantly on the chairman’s seat. There was a momentary silence in the room before it became noisy again.
The shareholders ignored Wen Xinya’s presence.
They looked down on Wen Xinya’s authority.
Wen Xinya lightly tapped the table. The dull, rhythmic sound hit the hearts of the people in the noisy room, and they slowly quietened down.
Wen Xinya slowly said, “The chairman gave all of the management rights and authority to me. Before the chairman returns, I will be acting in his position. Are there any objections?”
Her tone was cold and powerful, without a shred of emotion.
She sat quietly and suppressed everybody there. For a moment, everybody was terrified.
After a moment, the shareholders began to react. When they realized that they were frightened by the power of a young rascal, they were dumbfounded and also in admiration. There was no doubt she was the granddaughter of Old Mr. Wen.
Her natural charisma and strength were comparable to that of Old Mr. Wen.
“The Wen Family is a major shareholder of the Wen Corporation. I have no objections to Old Mr. Wen handing over the management rights to you. However, you have to explain just what is this allegation that Wen Corporation is involved in money laundering?”
“As for the media getting involved in the investigation of Wen Corporation and the industry and commerce inspections, just what is going on? Why were we not informed of this beforehand?”
“How could you not discuss such an important matter with the board of directors? Although the old man gave you the management rights, you can’t ignore the interests of the corporation and do whatever you want.”
“Don’t you know what sort of terrifying consequences you’ll bring to the Wen Corporation?”
“If you don’t give us a proper answer today, we will pull out of our investments.”
The shareholders expressed their discontentment and indignation towards Wen Corporation and aggressively questioned her, drowning Wen Xinya with a wave of questions.
After a moment, when everybody calmed down, Wen Xinya finally spoke, “Is everybody done?”
The shareholders looked at one another. Although they acknowledged Wen Xinya’s capabilities, they were extremely unhappy with her arrogant attitude.
Wen Xinya said calmly, “Since you are done, it’ll be my turn to speak. Let me ask all the shareholders here, back when Wen Haowen brought up the entertainment city project, didn’t the chairman and I do our best to stop it?”
The entertainment city project was only brought to life with the shareholders’ support. Back then, Wen Haowen had 15% of the company shares while the shareholders had 40% shares. With a total of 55% shares, they overwhelmed Grandpa and her.
She mentioned this point filled with accusations, suppressing the anger of the shareholders.
“What do you mean? Is the Wen Family trying to push away the blame?”
“Are you accusing us?”
“Back then, we may be responsible, but this money laundering issue is the fault of Wen Corporation’s weak management…”
Their stern questions, although aggressive, were all weak in the end. Back then, Wen Xinya went to all ends trying to stop the entertainment city project, and this was still remembered clearly.
Wen Xinya ignored their angry questions and calmly replied, “Now that things have come to this, our top priority is to get the Wen Corporation out of this crisis. What’s the most important thing in an enterprise? It’s credibility! With credibility, everybody will have trust in us and the corporation will not fall.
“With the corporation being suspected of money laundering, this is the biggest crisis we face since our establishment. If we are not able to prove our innocence as fast as possible, even when we are revealed to be clean later on, the public will look at the Wen Corporation negatively.
“The entertainment city project was set up in a different branch with independent accounts and does not have any deep ties with the Wen Corporation. This is why I have the confidence to act like this. There’s an old saying in our country: Seeing is believing. Everybody will only believe in the truth they see, which is why we’ll let them see everything clearly.”
Wen Xinya’s explanation was convincing.
However, since this matter involved everybody’s interest, no matter how convincing it was they would still find things to pick on.
But in the end, even if Wen Xinya was unable to suppress the shareholders, she was still able to appease them.