The United Development Company currently still operated under a rotating board system.
The board of directors of the United Development Company consisted of at least three major shareholders and nine appointed members. One of the three major shareholders would serve as Chairman of the Board.
Whether the company's CEO would be appointed from among the major shareholders or hired externally would be decided by the board.
Overall, the company's order was still guaranteed.
As one of the company's major shareholders, Lin Qi merely held the title of Honorary Director and was not one of the rotating shareholder directors.
The current Chairman of the Board was another major shareholder.
The CEO was a hired professional.
With the arrival of these two, the quiet murmuring in the meeting room diminished considerably.
"Is everyone here?"
The Chairman of the Board gave the two sides of the conference table a cursory glance, after which the secretary announced that everyone had arrived.
Aside from a few people who had been unable to attend because of emergencies and had sent representatives, everyone else was present in person.
The Chairman of the Board nodded slightly, glanced at Lin Qi, and began today's meeting.
"You may be somewhat curious as to why we are holding this meeting at this time. That is because before long, we will need to hold the meeting for the second quarter, which is also the meeting for the first half of the year."
He paused for a moment, giving everyone time to mull over the meaning behind his words.
After waiting roughly twenty seconds, he continued, "Earlier, Mr. Lin Qi and I spoke on the phone, and he brought up something we had overlooked."
"When he mentioned the issue of ownership over the rights to the New Federal Special State, I realized that