"Dear shareholders," he said with a steady voice.
"What Director Chen said just now is all true. But it is not my credit."
He paused:
"The discovery of Off-Balance Sheet Liabilities is a credit to the audit team.
Cleaning up Off-Balance Sheet Liabilities is the result of the Finance Department and Legal Department working overtime day and night.
The profit in the past half year is due to the efforts of all employees.
There is only one thing I do--"
He looked at the audience:
"Insist on making these things happen."
Meeting Room was quiet for a moment, and then applause broke out.
Zhao Chen waited for the applause to subside and continued:
"I promise you three things."
He held up a finger:
"First, from today on, Henglong's finances will be more transparent.
What should be disclosed will not be less."
Second finger:
"Second, we will revise Company Charter as soon as possible to clearly stipulate that management and its related parties shall not have any form of Related Party Transaction with the company's projects."
Third finger:
"Third--"
He paused and glanced across the audience:
"The shares of the predecessor Mr. Chairman Zhao Jianguo are at risk of liquidation at any time due to pledge.
For the sake of the stability of the company's stock price and the interests of all shareholders, I decided to take over this share and assume all the debt repayment obligations behind it."
He put down his hand:
"This transaction requires your approval. I hope to get your support."
Applause rang out again.
More enthusiastic than before.
Someone shouted below:
"Chairman Zhao, we support you!"
Another person chimed in:
"Yes! Henglong It's your decision!"
In the corner, Shen Zhiyi smiled softly.
She thought of the boy who stood up and spoke in class last November.
At that time, no one believed him.
Now, everyone is applauding him.
Liu Mingyu stepped forward:
"Now enter the voting process. Please ask the staff to issue voting votes."
He looked at Zhao Chen:
"According to the rules, Mr. Zhao Chen, as a related party in this transaction, needs to avoid it.
Please Mr. Zhao Chen leave the venue temporarily."
Zhao Chen stood up and walked towards the side door.
When passing by Shen Jue, he saw Shen Jue nodded slightly to him.
When he passed that corner, his steps paused slightly.
The girl with the brim of her hat lowered and black-rimmed glasses was looking up at him.
Opposite the west eye.
Only one second.
Then Zhao Chen continued to walk forward, opened the door, and disappeared behind the side door.
Shen Zhiyi lowered his head, his heart beating a little fast.
He saw her.
10:25 am
The door was pushed open.
Zhao Chen walked back to the venue.
Liu Mingyu stood in front of the stage with a smile on his face:
"The voting results have been tallied."
He paused and raised his voice:
"Whitewash Waiver motion, Independent Shareholder approval rate - 97%."
Thunderous applause.
Shen Jue stood up and started applauding.
The three fund managers also stood up.
More and more people are standing up.
The entire banquet hall turned into a sea of applause.
Zhao Chen stood in the aisle, looking at the people who stood up and applauded.
His expression remained calm.
But his eyes were slightly red.
In the corner, Shen Zhiyi also stood up.
She clapped so hard that her palms hurt.
But she didn't feel any pain at all.
"The second vote will now be carried out - to elect the new Board of Directors members."
Liu Mingyu said,
"The nomination list is as follows: Zhao Chen, Shen Jue, Chen Xi, Zhang Qingxue, Song Zhongping, Sun Zhengping, Wu Hongyuan, Liu Mingyu, Xu Yong."
He paused:
"Please ask the staff to issue voting tickets."
This time, Zhao Chen doesn't have to leave.
He just sat there and watched the staff collect the tickets one by one.
Five minutes later.
Liu Mingyu looked at the statistical results in his hand and smiled:
"All nine candidates received more than 90% of the votes in favor.
I announce that the new Board of Directors is officially established."
Applause rang out again.
Zhao Chen stood up and bowed slightly to the audience.
Three hours after Shareholders' Meeting ended, public opinion began to ferment.
Chen Xi stared at the computer screen and tapped his fingers quickly on the keyboard.
Zhang Qingxue stood behind her, pushing up her glasses from time to time.
Su Wantang brought a few cups of tea, placed them on the coffee table, and then sat quietly aside.
Zhao Chen was leaning on the sofa, holding a copy of Public Sentiment Briefing that had just been printed out.
Hot search No. 1: #Zhao Chen The youngest actual controller born after 1995#
The third most popular search: #Zhao Chen billionaire#
Financial sector headlines: <Henglong Shareholders' Meeting shocked the audience: Off-Balance Sheet Liabilities 3 billion, proactive exposure>
"These two hot searches,"
Chen Xi points to the first two items,
"It's purely the gossip media that is trying to gain popularity. 'The youngest person born in 1995 to actually control', 'Billionaire' - these are the headlines that ordinary people love to read."
Zhang Qingxue nodded:
"But for Henglong, this is a good thing. Zhao Zong's personal image has been established, and the company's attention will follow."
Zhao Chen said nothing and continued reading.
What really caught his attention was the financial sector.
The comment section has been abuzz.
Netizen A: "Off-Balance Sheet Liabilities? Isn't this an open secret in the industry? Henglong actually dared to reveal it himself?"
Netizen B: "It's a good thing that it came out! At least it shows that people dare to face problems."
Netizen C: "Haha, dare to face the problem? That's because they have so many off-balance sheet debts because of their management problems! Who in the formal enterprise does this?"
Zhao Chen's finger paused on that ID.
"Who in a formal company does this?"
He smiled lightly.
Chen Xi heard laughter and turned his head:
"Zhao Zong, why are you laughing?"
"Someone is worried." Zhao Chen said.
He continued to scroll down.
Netizen D: "I am an employee of XX Real Estate. Our company does not have Off-Balance Sheet Liabilities. Henglong is not managed well by itself, so don't represent the entire industry."
There have been more than a hundred replies to this comment.
Reply 1: "Is it true that your company doesn't have one? Why don't you let shareholders find an auditing company to check?"
Reply 2: "Yes, do you dare to make it public?"
Reply 3: "It's so funny, you can say this even if you don't have three hundred taels of silver here."
Reply 4: "The stock price of XX Real Estate fell by 3% today. Let's judge for ourselves."
Zhao Chen raised the corners of his mouth slightly.
Anyone who jumps out to speak at such a time is most likely guilty of treason.
Really clean and requires no explanation at all.
Scroll down further and he saw several "advanced black" items.
A financial influencer posted:
"Off-Balance Sheet Liabilities is not a liability, but more for the healthy development of Suppliers.
Enterprises can pay Suppliers faster through off-balance sheet financing, which is industry practice."
Someone immediately responded in the comment area:
"Then do you dare to reveal the relationship between Suppliers and the senior executives?"
"Do you dare to reveal the shareholders behind Equity-like Debt?"
"Lin Wanqing happened just a few days ago and you forgot about it?"
That big V never replied.
Chen Xi came over and took a look:
"These experts work for a fee. Lin Wanqing also had a group of people like this in the past."
Zhao Chen nodded:
"Don't worry about them. The higher you jump, the harder you fall."
He continued to scroll down.
More real estate companies have chosen to remain silent.
In the comment area, some investors commented on the official accounts of several well-known real estate companies:
"@XX Real Estate, do you have Off-Balance Sheet Liabilities?"
"@XX Real Estate, do you dare to make it public like Henglong?"
No one responded.
Zhang Qingxue pushed up his glasses:
"They don't dare to reply. If they reply, they will expose their shortcomings. If they don't reply, they will feel guilty. No matter what, they lose."
Chen Xi laughed:
"So the smartest thing to do is to pretend to be dead. No matter how the stock investors make trouble, just ignore it."
Zhao Chen put down the briefing paper in his hand.
"Is the direction of public opinion favorable to us?"
Chen Xi thought for a while:
"In terms of personal image, it is very beneficial. The label of 'post-95s actual controller' means that he is young, promising and responsible, and is very popular among fans."
She paused:
"Off-Balance Sheet Liabilities is recognized by professional investors - if you dare to disclose the problem, it means that the problem has been solved.
But ordinary investors still need time to digest it. Those things that are rhythmic will affect some people."
Zhao Chen nodded.