Chapter 1356 Held a Board Meeting, The Group Changed Hands!
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 Qiu’s 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 Kangtai’s eyes, it was not a dirty trick. It was in line with normal market competition.
“Why would Fang Qiu target you if it were not you?”
“Absolutely. If you did not take the initiative to provoke Fang Qiu, Fang Qiu won’t go against you!”
“Don’t you remember Fang Qiu asked Yang Ningyuan to send us a reminder after the four companies were exposed? He wouldn’t target us if we didn’t 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!”
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 Qiu’s Three Billion Foundation. From this point of view, the one targeting the Kangtai Pharmaceutical Group was self-evident.
“But I really didn’t do anything.”
Li Kangtai quickly replied in the WeChat group, “A friend of mine wanted to buy some tracts of land on a national scale. Back then, I checked it and found Fang Qiu hadn’t 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 didn’t participate in the extortion in the online video!”
After he revealed this…
All the leaders of Chinese Medicine companies in the WeChat group were confused.
“Surely you can find some information. Was it Fang Qiu who targeted your company’s stocks?”
A boss asked.
“I don’t know.”
Li Kangtai smiled wryly and said, “According to my men’s survey, three groups of people are bidding for my company’s 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.”
“What?”
“The three of them?”
“Damn it. These three people are all business elites. It’s challenging for ordinary people to deal with one, let alone the three capable people working together.”
“To 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?”
“It seems to be the case. It should be Fang Qiu!”
“With 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!”
“But since you did nothing to provoke them, why would they target your company’s shares?”
There was a commotion in the WeChat group.
“I don’t know either.”
Li Kangtai was anxious.
He was very clear about the Kangtai Pharmaceutical Group’s 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 — they were unshakeable in their determination to swallow up his Kangtai Pharmaceutical Group!
What else could he do?
“Everyone, I’ve helped you a lot over the years. Now I’m facing a crisis. Could you guys help me out here? Please help me get through this difficult period. I’ll 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!”
A highly anxious Li Kangtai, quickly sent a message, saying, “Their unexpected activity will cause those shareholders to be flustered. We can’t stop them today. They would likely have been scared away by tomorrow. At that time, there is a strong possibility that my company’s shareholders will dump their shares at low prices. If they purchase these stocks, I will be finished!”
“Everyone, please help me!”
Li Kangtai begged, trying desperately to convey how urgent the situation was.
In the WeChat group…
When they saw Li Kangtai’s desperate plea for help, all the bosses of the traditional Chinese medicine companies shook their heads and sighed.
“Chairman Li, it’s not that we don’t want to help you.”
One of them said, “We can hardly protect ourselves now. In this case, we can’t 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.”
“That’s right. This matter is difficult to manage.”
“Once we join the battle, Fang Qiu may turn on us. At that time, won’t we be doomed as well?”
Everyone shook their heads.
They didn’t dare to help.
“This is something out of the ordinary. You have to help even if you dare not.”
Li Kangtai hurriedly said, “I 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 didn’t 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?”
“No, it won’t!”
“If they suffer some setbacks, they might become even more avaricious! How could you foolishly think they would stop?”
“Think 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.”
“Most importantly, Fang Qiu still has evidence against you!”
As soon as these words came out…
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 Qiu’s back to provoke him, then the Renyi Group must have targeted the Kangtai Pharmaceutical Group’s 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!
However…
There was nothing they could do now.
It was because they feared Fang Qiu would act on impulse and crazily sacrifice all parties’ 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 couldn’t 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!
“Everyone.”
Seeing that there was some hope, Li Kangtai quickly continued, “Can 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.”
“I won’t ask for too much. It’s fine if you don’t dare to take action, but can you lend me some money? At least let me prop up my stock price!”
“I won’t make it difficult for you. I’ll talk to you in private one by one. I just hope you are able to lend me some money!”
After that…
Li Kangtai immediately began to chat privately with each of them, ready to borrow as much money as he could.
But right at this moment…
“Crack.”
The door opened, and a figure rushed into the office, shouting at Li Kangtai in panic, “Chairman, 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!”
“What?”
Li Kangtai’s face changed drastically, and he quickly called the other three shareholders.
As a result, he found that…
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 conditions…
Li Kangtai knew that he was now at a dead end.
He went limp and collapsed on the chair.
“It’s over. It’s all over!”
At another location…
In Fang Qiu’s office…
“The 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?”
He Xue looked at Fang Qiu who sat before the desk and asked.
“No need.”
Fang Qiu shook his head and said, “It didn’t cause any impact. Just give the person a warning.”
“Alright.”
He Xue nodded before she said, “I’ve officially informed the Kangtai Pharmaceutical Group. A board meeting will be held tomorrow. At that time, I’ll kick the chairman out directly. Then, there shouldn’t be any more problems. When I wrap up the matter of the Kangtai Pharmaceutical Group, I’ll call the bosses of all Chinese Medicine companies and tell them to meet as you have ordered.”
“Mm.”
Fang Qiu nodded with satisfaction.
The next day…
The Kangtai Pharmaceutical Group’s 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!
Moreover…
To complete the acquisition, He Xue bought all of Li Kangtai’s shares at the lowest price.
At this point, the Kangtai Pharmaceutical Group had fallen wholly into the hands of the Renyi Group.
Soon…
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 out…
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?
