Chapter 1356 - 1356 Held a Board Meeting, The Group Changed Hands!
The Medical Guru
Li Kangtai felt depressed.
He was not the mastermind behind the conflict in the video. After Fang Qiu warned them the last time, how could he have the guts to play tricks behind Fang Qiuâs back?
This time, he just urged others to buy the land, and the other party happened to need some cultivation bases for fruit trees. Then, his suggestion was accepted.
In Li Kangtaiâs eyes, it was not a dirty trick. It was in line with normal market competition.
âWhy would Fang Qiu target you if it were not you?â
âAbsolutely. If you did not take the initiative to provoke Fang Qiu, Fang Qiu wonât go against you!â
âDonât you remember Fang Qiu asked Yang Ningyuan to send us a reminder after the four companies were exposed? He wouldnât target us if we didnât play tricks behind his back. Your situation is not simple. If Fang Qiu caused the abnormal fluctuation of your stock price, you must have done something serious. You made Fang Qiu directly attack your company. I have to say that I admire your courage!â
In the WeChat group, the bosses spoke one after another.
They all knew Li Kangtai must have done something fishy. Otherwise, Fang Qiu would not have targeted him. Under the current macro-environment of the traditional Chinese medicine market, only one Chinese Medicine group could crush him: the Renyi Group. Besides, the Renyi Group had already announced its cooperation with Fang Qiuâs Three Billion Foundation. From this point of view, the one targeting the Kangtai Pharmaceutical Group was self-evident.
âBut I really didnât do anything.â
Li Kangtai quickly replied in the WeChat group, âA friend of mine wanted to buy some tracts of land on a national scale. Back then, I checked it and found Fang Qiu hadnât yet obtained the cultivation bases for medicinal herbs in several places. Then, I asked my friend to buy the few pieces of land selected by Fang Qiu. But this is reasonable market competition that is unrelated to the traditional Chinese medicine industry. I really didnât participate in the extortion in the online video!â
After he revealed thisâ¦
All the leaders of Chinese Medicine companies in the WeChat group were confused.
âSurely you can find some information. Was it Fang Qiu who targeted your companyâs stocks?â
A boss asked.
âI donât know.â
Li Kangtai smiled wryly and said, âAccording to my menâs survey, three groups of people are bidding for my companyâs stocks. According to the information from the three teams of operators, the teams should be led by He Xue, Yang Ningyuan, and Li Qihua of the Renyi Group.â
âWhat?â
âThe three of them?â
âDamn it. These three people are all business elites. Itâs challenging for ordinary people to deal with one, let alone the three capable people working together.â
âTo put it bluntly, these three people are the backbone of the Renyi Group. Except for the mysterious chairman, the three people contributed the most to the success of the Renyi Group. You may have a chance to get away with it if you provoked one of them, but how did you offend all three of them?â
âIt seems to be the case. It should be Fang Qiu!â
âWith the capabilities of Renyi Group, it is not worth the trouble if the group wants your company. If it takes a fancy to your company, it can openly buy it. Since they have chosen to target your stocks, you must have provoked them!â
âBut since you did nothing to provoke them, why would they target your companyâs shares?â
There was a commotion in the WeChat group.
âI donât know either.â
Li Kangtai was anxious.
He was very clear about the Kangtai Pharmaceutical Groupâs strengths. It was one of the top three companies in the domestic Chinese Medicine industry. Few other Chinese Medicine companies could match its power. However, it could not compare with the Renyi Group.
The Renyi Group could reap hundreds and thousands of billion yuan a year, while the Kangtai Pharmaceutical Group could only earn several hundred million yuan a year.
The Renyi Group and the Three Billion Foundation attacked his company in unison â they were unshakeable in their determination to swallow up his Kangtai Pharmaceutical Group!
What else could he do?
âEveryone, Iâve helped you a lot over the years. Now Iâm facing a crisis. Could you guys help me out here? Please help me get through this difficult period. Iâll bear your great kindness in mind. As long as I can survive this crisis, it is of course my unshirkable duty to assist you in the future!â
A highly anxious Li Kangtai, quickly sent a message, saying, âTheir unexpected activity will cause those shareholders to be flustered. We canât stop them today. They would likely have been scared away by tomorrow. At that time, there is a strong possibility that my companyâs shareholders will dump their shares at low prices. If they purchase these stocks, I will be finished!â
âEveryone, please help me!â
Li Kangtai begged, trying desperately to convey how urgent the situation was.
In the WeChat groupâ¦
When they saw Li Kangtaiâs desperate plea for help, all the bosses of the traditional Chinese medicine companies shook their heads and sighed.
âChairman Li, itâs not that we donât want to help you.â
One of them said, âWe can hardly protect ourselves now. In this case, we canât afford to offend the Renyi Group. You know we are all small-scale companies. We are like an egg trying to crush a stone when we go against the Renyi Group.â
âThatâs right. This matter is difficult to manage.â
âOnce we join the battle, Fang Qiu may turn on us. At that time, wonât we be doomed as well?â
Everyone shook their heads.
They didnât dare to help.
âThis is something out of the ordinary. You have to help even if you dare not.â
Li Kangtai hurriedly said, âI suspect that Fang Qiu and the Renyi Group cooked up this sinister conspiracy against us after they teamed up. Otherwise, why would he attack my shares when I didnât do anything to them? Their ultimate purpose is to acquire all our companies. Think about it carefully. If they happily acquired my company, will they be willing to stop at that?â
âNo, it wonât!â
âIf they suffer some setbacks, they might become even more avaricious! How could you foolishly think they would stop?â
âThink about yourselves. After Fang Qiu and the Renyi Group acquire my Kangtai Pharmaceutical Group, they will be stronger. At that time, it will only be a matter of time before they eat you up.â
âMost importantly, Fang Qiu still has evidence against you!â
As soon as these words came outâ¦
In the WeChat group, everyone fell silent.
What Li Kangtai said did make some sense.
From the beginning, they were afraid of Fang Qiu. They wanted to stop Fang Qiu from entering the traditional Chinese medicine industry and occupying their market. To prevent that from happening, they all targeted Fang Qiu.
Now, Fang Qiu had entered the market.
...
They knew what Li Kangtai meant. If he had not played any tricks behind Fang Qiuâs back to provoke him, then the Renyi Group must have targeted the Kangtai Pharmaceutical Groupâs stock for a purpose essential to them. The Renyi Group would likely take the opportunity to occupy the entire Chinese Medicine market with Fang Qiu forcibly.
The Kangtai Pharmaceutical Group was one of the top three pharmaceutical companies in the country. If the Renyi Group were to swallow up the Kangtai Pharmaceutical Group, how could these smaller companies survive?
Even if Fang Qiu let them go, they could only drag out an ignoble existence!
Howeverâ¦
There was nothing they could do now.
It was because they feared Fang Qiu would act on impulse and crazily sacrifice all partiesâ interests. He might not dare to do so in the past, but the situation was completely different now. Fang Qiu had smashed four companies. Now, the general public was aware that this was a big conspiracy. Even if suppressed by the government, Fang Qiu might frantically declare war on all of them regardless of the dire consequences. At that time, even the government couldnât protect them. Public opinion would place unendurable strain on them and even make them go bankrupt in a short time!
Now, they were the ones who were truly afraid!
âEveryone.â
Seeing that there was some hope, Li Kangtai quickly continued, âCan the eggs remain unbroken when the nest is ruined? Of course, I am not a nest in the Chinese Medicine industry. However, a single spark can start a prairie fire. This little problem of mine can develop into a big disaster for all of you.â
âI wonât ask for too much. Itâs fine if you donât dare to take action, but can you lend me some money? At least let me prop up my stock price!â
âI wonât make it difficult for you. Iâll talk to you in private one by one. I just hope you are able to lend me some money!â
...
After thatâ¦
Li Kangtai immediately began to chat privately with each of them, ready to borrow as much money as he could.
But right at this momentâ¦
âCrack.â
The door opened, and a figure rushed into the office, shouting at Li Kangtai in panic, âChairman, something is seriously wrong. He Xue, the representative of the stockholders of Renyi Group, called our company. She asked that we hold a board meeting to select a new chairman!â
âWhat?â
Li Kangtaiâs face changed drastically, and he quickly called the other three shareholders.
As a result, he found thatâ¦
He Xue already held 46% of the shares of his company and achieved an absolute advantage. After all, 90% of its stock were current shares. Even if Li Kangtai took in all the remaining shares he could buy, he could only hold 44% of the shares. The remaining 10% of the shares were tied to the company and could not be purchased.
Under these conditionsâ¦
Li Kangtai knew that he was now at a dead end.
He went limp and collapsed on the chair.
âItâs over. Itâs all over!â
At another locationâ¦
In Fang Qiuâs officeâ¦
âThe video on the Internet must have been secretly recorded by our staff. I can do an investigation. Do you want me to find out and fire the person?â
He Xue looked at Fang Qiu who sat before the desk and asked.
âNo need.â
Fang Qiu shook his head and said, âIt didnât cause any impact. Just give the person a warning.â
âAlright.â
He Xue nodded before she said, âIâve officially informed the Kangtai Pharmaceutical Group. A board meeting will be held tomorrow. At that time, Iâll kick the chairman out directly. Then, there shouldnât be any more problems. When I wrap up the matter of the Kangtai Pharmaceutical Group, Iâll call the bosses of all Chinese Medicine companies and tell them to meet as you have ordered.â
âMm.â
Fang Qiu nodded with satisfaction.
The next dayâ¦
The Kangtai Pharmaceutical Groupâs board meeting officially began. Because the Kangtai Pharmaceutical Group was in the capital, He Xue went straight to the conference room of the company building.
With enough shares in her hand, she directly kicked Li Kangtai out and became the new chairman of the Kangtai Pharmaceutical Group!
Moreoverâ¦
To complete the acquisition, He Xue bought all of Li Kangtaiâs shares at the lowest price.
At this point, the Kangtai Pharmaceutical Group had fallen wholly into the hands of the Renyi Group.
Soonâ¦
The news that the Renyi Group had purchased the Kangtai Pharmaceutical Group hit the headlines on all major media platforms.
Right after the news came outâ¦
All the leaders of Chinese Medicine companies were startled.
Yesterday, Li Kangtai had asked them for help, but in the blink of an eye, the Kangtai Pharmaceutical Group had changed hands!
The Renyi Group had been set up only for a few years.
How could it have such strong financial standing?