After breakfast, Yang Chen and Yu Shishi each drove away from ho.
Yang Chen went to Longlian Supermarket Group for a business inspection, while Yu Shishi went to the bank to inquire about how much funding Haisang Financial Mansion could mortgage.
Soon, Yang Chen arrived at Longlian Supermarket Group and t with Chairman Pu Chunhua.
Pu Chunhua is the eldest son of Pu Zhengguo, the founder of Longlian Supermarket, and currently holds a 4% stake.
Longlian Supermarket Co., Ltd. was established in May 1991 and is the first supermarket company in Hai City characterized by chain sales, with high recognition in Dragon Country.
In 2002, it was renad Longlian Supermarket Group and was listed on the A-share main board in June 2003. In 2013, it was acquired by United Hundred Group with 51% equity.
Currently, the group has over 1,500 chain stores nationwide, with at least one in almost every city.
The company’s total share capital is 1.5 billion shares, yet the stock price is a ager 2.3 yuan per share.
The reason is poor performance, with profits in one year and losses in the next. Last year, the loss was as high as 3 billion, wiping out all the profits since listing.
This is also why United Hundred Group wants to sell its shares; they don’t want to be burdened by Longlian Supermarket’s poor performance anymore.
However, Yang Chen doesn’t care; company losses don’t affect his dividends.
For instance, Hengda Group incurred losses of 2 trillion, which doesn’t stop Boss Xu and others from frequently appearing on the wealthiest list.
If Yang Chen has the ability to reverse the decline, the stock price at such a low level could easily increase tenfold in the future.
Its only advantage, if any, is its thirty-year history and strong comrcial reputation.
If you can sustain it, do so. If not, sell the shares and leave. It’s too easy to cash out with a public company.
Pu Chunhua briefly introduced the current situation of the company to Yang Chen, then asked, "Is Mr. Yang planning to be the chairman himself or appoint soone to manage it?"
Yang Chen smiled and said, "For now, let Mr. Pu continue. As long as Mr. Pu does well, he can continue indefinitely."
Pu Chunhua quickly replied, "Thank you for your trust, Mr. Yang. I will do my best."
"Oh, by the way, let show you soone." Yang Chen said as he took out his phone and played a video for Pu Chunhua.
Pu Chunhua instantly recognized the woman in the video and quickly said, "This is our Chief Financial Officer, Li Xiaoying. Her speaking to Mr. Yang in such a manner is outrageous."
"Such a person seriously affects our company’s image. Luckily, she t ; if it were another driver, this would definitely be a PR disaster. Dismiss her imdiately, with no room for negotiation! Don’t cut her due compensation, just let her leave quietly." Yang Chen firmly said.
Pu Chunhua nodded and promptly called the HR manager to dismiss Li Xiaoying according to regular procedures.
Soon, Li Xiaoying received the news of her dismissal.
As the finance director, Li Xiaoying was suddenly dismissed, which she could not accept, so she imdiately went to the chairman’s office.
"Co in!" Pu Chunhua shouted.
Li Xiaoying entered with the HR manager.
"Chairman Pu, why was I suddenly dismissed for no reason? I am, after all, the finance director, don’t you think I deserve an explanation?" Li Xiaoying said angrily.
At this mont, Yang Chen turned around.
"It’s you! How co you’re here?" Li Xiaoying was aghast.
Pu Chunhua imdiately stated, "This is our group’s new major shareholder, Yang Chen, Mr. Yang. I’ve seen the recording of your behavior in his car last night. Mr. Yang and I both believe your actions have severely damaged the image of Longlian Group. Luckily, it was Mr. Yang who picked you up last night. If it were another driver who uploaded the video online, do you realize what a negative impact that would have on Longlian Group? Not long ago, an employee from an aerospace research company caused a massive public outcry by threatening a driver, causing great trouble for the company. We don’t want to encounter such an incident. I made the decision to fire you and obtained Mr. Yang’s approval. Please proceed with handing over your duties and completing the resignation formalities; we will provide you with the due severance pay. But if you refuse to cooperate, we will hold you accountable for tarnishing the company image, and you won’t receive any severance pay but might face liability claims."
Li Xiaoying was speechless in shock.
Yesterday, she had threatened to complain about Yang Chen, claiming it would make him unable to continue.
Today, Yang Chen acquired the group’s shares and directly fired her.
Do n nowadays have such a strong sense of revenge?
To save face, is it really necessary to spend over a billion to buy the group’s shares just to fire her?
"Aren’t you just a ride-hailing driver? How co you have the money to acquire shares in Longlian Group? Did you spend over a billion just to retaliate against ?" Li Xiaoying puzzledly asked.
"There are things you don’t need to know, and I also don’t want to talk to you. Just comply with the company’s decision," Yang Chen said rcilessly.
Li Xiaoying still harbored a flicker of hope and said, "Is there really no room for leniency?"
Yang Chen shook his head.
"Heh... Sure, I get it. The group has been incurring losses all along, and now it’s controlled by a ride-hailing driver; delisting isn’t far off. Leaving now is actually a good thing, saving from not even being able to collect my salary later!" Li Xiaoying scoffed sarcastically.
Pu Chunhua pointed at her and shouted, "Get out imdiately!"
The HR manager quickly dragged Li Xiaoying away.
Pu Chunhua hurriedly apologized to Yang Chen, but Yang Chen waved it off, saying, "This has nothing to do with you. However, for a CFO to mock our group for delisting, don’t you feel ashad, Mr. Pu? Your father founded Longlian Supermarket. Are you going to let it collapse under your watch before even passing on to the third generation?"
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