Spiritualist In Korea: Chapter 411 Meetings and Generous

   "Is everyone here? Good, then the meeting begins."

  Cui Yongze seemed calm, but his frowning brows showed that the president's mood was not as relaxed as it seemed at this time.

   took a quick glance at Wang Xudong, who was in peace with the old god. Not knowing what he was thinking about, Cui Yongze sighed secretly, it was really troublesome.

   But what surprised Cui Yongze was that the first speaker was not Wang Xudong, who proposed to hold a meeting, but Director Zheng, who has been playing soy sauce since he failed to compete for the position of chairman.

   "Everyone, Weimei Group is already in the midst of life and death, we must start saving ourselves!"

   "What? Did Director Zheng take the wrong medicine?"

   "Nonsense, if there is a crisis in the group, how could we not know? Hmph, don't be alarmist."

   "Director Zheng wants to be the president, is it crazy?"

   Director Zheng's pre-emptive remarks were instead reprimanded by many shareholders, who thought he was insane and was talking nonsense.

   But Director Zheng still kept a smile, Wang Xudong coughed and said, "Don't worry, let's listen to what Director Zheng has to say before making a conclusion."

   At this time, everyone realized that Wang Xudong actually helped Director Zheng to say good things to the two people who were originally mortal enemies? Instantly understand that today's sudden shareholders meeting is tricky.

   So they all fell silent.

Director Zheng cleared his throat and said in a low voice, "I'm not alarming. When a company loses room for improvement or doesn't want to make progress, it's time for the life and death of the company. You can see this from the stock price of our group. There are clues, and the dividends you get every year are not comparable to the speed of inflation, which shows that the situation of the group is not good."

   Then Director Zheng distributed some information to everyone. One is the report on the share price fluctuation and stock market trading volume of Weimei Group in the past five years. The other is the group's revenue report, and the other is the intelligence of Weimei Group's competitors.

"Although our stock is not a junk stock, it is not far away. We are one of the most inactive stocks. Combined with the annual decline in profit income and a lack of aggressive development strategy, look at our Our competitor, JH Group, which is controlled by Japanese, has invested more than 50 billion won this year and continues to occupy the high-end barbecue market that belongs to us.”

   "In another year or two, will you all be able to sit here?"

   Looking at the shocked people, Wang Xudong chuckled lightly, "Although I don't pay much attention to the development of the group, but this is my father's hard work, in order to save it, it is my duty to save it!"

Director Zheng applauded lightly and said with a smile, "Thank you Director Wang for your support. In order to improve the situation, I suggest raising funds and fighting a hard battle with the JH Group. Relatively speaking, we have the advantage because JH Group's holdings are Japanese!"

  The three kingdoms of China, Japan, and Korea have been entangled since ancient times, and even more so in modern times. When facing the Japanese, no matter what the discord between China and South Korea, they can share the same hatred.

  Cui Yongze's face was a little ugly, and he asked in a calm voice, "Director Zheng should know the financial situation of the group very well, but he doesn't know how to raise funds?"

   "Yes, at least tens of billions will be spent, which is not a small amount."

   "One wrong step may lead to doom."

Director Zheng was confident, nodded slightly and said, "I have two options. The first is to issue new shares, which is about five million shares. The second is to use the group's assets to lend to the bank. I have asked many friends from the bank, They are all more interested in this plan."

   "Forget the issuance of new shares, Director Zheng should talk about loans." A bald shareholder hurriedly rejected the first option. The issuance of new shares would dilute the shares of their shareholders, which is not a good thing.

   Director Zheng's first plan was rejected, and he didn't care. He smiled and explained to everyone what he knew.

   "How much we can borrow, we still need to make a decision after setting things down."

After saying   , Director Zheng sat down, picked up the teacup, and took a slow sip.

   All eyes are on Cui Yongze. Although Director Zheng's remarks are a bit alarmist, it is not bad to plan ahead. Moreover, the return the group brings to them every year is too little. With this fuse, everyone's mind is alive.

  Cui Yongze kept his face calm, and after a long time, he said, "In fact, I have long expected the group's problems, and I have also thought about finding a solution. I think Director Zheng's plan is good, but the risk is too great."

   "What does the president have in mind?"

   "Send the information down." Cui Yongze instructed his secretary.

   Wang Xudong and Director Zheng looked condensed, but Cui Yongze came prepared, but they underestimated this guy.

   "Abandoning physical store operations, the group has transformed into providing brand licensing and consulting services..."

  Cui Yongze's plan is very simple, abandoning the stores operated by the group itself, focusing on brand management and authorized brands, and providing consulting services, talent training, food supply and so on for franchised stores. It is to completely abandon the downstream, control it from the upstream, and let the franchised stores work for the group, thereby reducing many costs.

   But it is unavoidable that giving up physical stores such as Hanwang Palace will undoubtedly bring a large amount of money to the group in a short period of time. But at that time, most of the assets of Weimei Group are supported by these brick-and-mortar stores. Without these, the stock price may fall immediately, and it may become a veritable garbage stock.

   "No, this plan is even more difficult for me to accept!"

   "That's right, the group is ours. The president can guarantee a 100% success in the transformation. What if it fails?"

   "This may just be a temporary loss..."

   There are also people on Cui Yongze’s side, but most of the shareholders are short-sighted and mediocre people who have long lost their original passion for starting a business.

   "In contrast, I think Director Zheng's plan is more reliable. If you increase the number of stores, you may be able to support the stock price."

   "That's the truth. We are a listed company, and it is the right way to let the company's stock price rise."

   Listening to the voices of everyone discussing, Cui Yongze's eyes gradually became cold, and his eyes towards Wang Xudong became more and more bad...

   Just when everything was under Li Mo's control, the security guard of the Silly Hat Company received a gift that surprised them.

   A fiery red roadster with a dazzling trident logo on the front of the car proves that this is the latest Maserati GranCabrio this year.

   In the cold wind, the dazzling redness made people feel hot all over.

   "Who the **** is this rich second generation...?" One of the security guards swallowed and curiously inquired about the figure who got out of the car.

   But the person who came came claimed to be an employee of the Maserati Korea branch, and specially delivered the car to Miss Zheng Xiujing.

   "Zheng Xiujing? Isn't that Krystal?" It's impossible for the security brother not to know his company's artists.

   "Who sent this? Sorry, this is our company's policy."

   "Mr. Li Mo."

   "Oh, since it's President Lee, that's fine."

  The security guard took the keys, his hands trembled a little, it was the first time he drove this kind of luxury car. But he has a question in his heart, why is Li Mo not afraid of gossip from outsiders when he wants to send such an expensive car to Krystal?