"Boss Chen, I'm Chen Xiao."
A few days later, the founder of Wing Music Home Appliances, Chen Yu, finally called Chen Yu.
"Boss Chen, I've been waiting for your call for days."
Chen Yu said with a smile.
Although Chen Xiao did not inform Chen Yu before this, as one of the major shareholders of Wing Music Home Appliances, Chen Yu would have called Chen Yu no matter what.
"I'm sorry, Boss Chen, it's my fault. It happened so suddenly that I don't know how to explain it to Boss Chen."
"It's okay, you can explain it now."
Since it had already happened, Chen Yu would not dwell on why Chen Xiao did this.
Naturally, he was doing this for his own benefit.
"Actually, Boss Chen, we think that e-commerce is just a virtual concept. It doesn't help much with the physical business. On the other hand, e-commerce platforms are always subsidizing with low prices, which affects the sales of the physical stores. Therefore, Yong Le suspended the offline mode of picking up goods. For the sake of the store's profits, we had no choice. "
"Understandable."
Chen Yu nodded and continued to ask, "Then, how do you explain the suspension of our website's after-sales service?"
"This is also what I wanted to tell Boss Chen."
After thinking for a while, Chen Xiao said, "President Huang of Magnesium Home Appliances came to me and proposed to buy Wing Music Home Appliances. I agreed, so the after-sales service had to be suspended. "
"That's understandable."
Chen Yu nodded.
No one in this world was stupid.
What could not be explained on Chen Yu's side was completely explainable on Chen Xiao's side.
However, Chen Yu was extremely calm and did not even get angry. Chen Xiao was a little confused and did not know how to continue the topic.
Before this phone call, Chen Xiao had prepared a series of speeches.
However, it seemed that there was no need to say these.
"Boss Chen …"
"What, is there anything else?"
"Uh, there's one more thing."
Although he didn't understand why Chen Yu wasn't angry at all, Chen Yu still said, "We will hold a shareholders' meeting next week. Of course, if Boss Chen doesn't want to be acquired by Magnesium, you can vote against it."
"I understand."
Chen Yu agreed.
Of course, he knew. Chen Xiao said this because he thought that even if Chen Yu voted against it, it would be useless.
The shareholders' meeting had always been about who had the most shares.
Even if Chen Yu held 33% of the shares, he still had to listen to Chen Xiao.
"Then, Boss Chen, I won't disturb you any longer."
Just as Chen Yu was about to hang up the phone, Chen Yu thought of something and asked, "Wait, Boss Chen, I'm curious. Why are you willing to be acquired by Magnesium?"
"How should I put it?"
Chen Xiao had thought of this question a long time ago. "I admire Mr. Huang from Magnesium. Of course, Mr. Huang admires me as well. We feel that this kind of competition is disadvantageous to both of us. It's better to work together and expand the household appliance industry. Boss Chen, what do you think? "
"That makes sense."
Chen Yu nodded again. "Then, congratulations, Boss Chen."
"Thank you."
The phone call ended there.
"So, the merger between Magnesium and Wing Music is going to happen."
Chen Yu sighed.
This reminded Chen Yu of the time in his previous life when Chen Xiao almost sold Magnesium.
The situation back then was similar.
Huang Guangyu wanted to acquire Wing Music to expand his business, and Chen Xiao wanted to sell Wing Music to cash in.
It could be said that at the beginning, Chen Xiao didn't want to scam Huang Guangyu.
However, after Huang Guangyu went to prison, he joined forces with foreign investors and wanted to take control of Magnesium.
If it wasn't for Huang Guangyu's series of actions in prison, Magnesium might not be Huang now.
However, it seemed that this kind of thing would not happen.
With Chen Yu's intervention, he actually helped Huang Guangyu.
As for who had the final say in the shareholders' meeting, that would only be known after the shareholders' meeting.
On the same day, after Chen Xiao gave Chen Yu a call, the news of Magnesium's acquisition of Wing Music was officially exposed at night.
"I was wondering why Wing Music stopped working with Huanyu Technologies. So, it's because of something big."
"Huang Guangyu might not be able to handle Huanyu Technologies in the e-commerce industry, but in the physical market, I have to say that not many people can compete with him."
"The worst is Huanyu Technologies. They spent a huge amount of money to invest in Wing Music, but in the end, they were controlled by their competitors."
Previously, when the major e-commerce giants stopped their offline delivery model, some people didn't know why they did so.
However, the truth was now out.
Moreover, as soon as this news was released, a series of hype appeared on the Internet.
"Magnesium acquires Wing Music, Huanyu Mall Promotion Festival canceled."
"Is the B2C model really suitable for domestic e-commerce?"
"Don't participate in the Huanyu Mall Promotion Festival. You might not receive goods for a month."
Although this news was just hype, the effect was not bad.
Huanyu Technologies had to announce that the Huanyu Mall Promotion Festival would be held as scheduled and would not be canceled.
…
"Let's go, Brother Jian. Let's go to Wing Music for the shareholders' meeting."
Chen Yu had a headache after being messed up by these guys for the past few days.
However, Chen Yu didn't care about these tricks.
Although this did cause some trouble for Huanyu Technologies, after this shareholders' meeting, Chen Yu would let the entire China know what a reversal was.
"Boss Chen, you're here."
As soon as he arrived at Wing Music's headquarters, Chen Yu saw Chen Yu waiting at the main entrance.
Unlike other companies, Wing Music's shareholders were more concentrated. Although there was a shareholders' meeting, there weren't many people present.
Generally speaking, there were three parties in the shareholders' meeting.
One was Chen Xiao's party.
The other was Chen Yu, the major shareholder.
The other party was Bain Capital.
When Wing Music was still in its early stages, Beth Capital had invested in it. Therefore, Beth Capital had a certain amount of shares in Wing Music.
"Since it's a shareholders' meeting, how can I, as a major shareholder, not attend?"
Chen Yu smiled happily.
Then, he saw Huang Guangyu beside him. "Eh, is this Mr. Huang?"
"Boss Chen, nice to meet you."
"Nice to meet you too, Mr. Huang."
Chen Yu felt strange. "Mr. Huang, this is Wing Music's shareholders' meeting, right? Are you also a shareholder of Wing Music?"
"Boss Chen, don't misunderstand. You guys go ahead. I'll be right outside. We'll talk after you're done."
"Oh …"
Chen Yu understood what Huang Guangyu meant.
He pretended to be angry and said to Chen Xiao, "Boss Chen, that's not right. The shareholders' meeting hasn't even started yet, and you've already invited Mr. Huang here. Those who know will think that you're close to Mr. Huang. Those who don't know will think that Wing Music has some kind of insider deal with Guomei. "
"Boss Chen, you've misunderstood. Mr. Huang is here because he wants to discuss some business with us. We'll continue with the shareholders' meeting. Mr. Huang, please have some tea here. "
Chen Xiao quickly tried to smooth things over.
"Okay."
Huang Guangyu wasn't angry at Chen Yu's words.
To him, although the shareholders' meeting hadn't started yet, he had already discussed it with Chen Xiao.
The shareholders' meeting was just a formality.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
