Chapter 11 - Shareholder Meeting! Lao Mo! The Twin Daughters Come Home
Chapter 11: Shareholder Meeting! Lao Mo! The Twin Daughters Come Home
By 9:00 AM, the shareholder meeting began.
Xu Hao walked into the conference room right on time. Standing at the head of the table, he swept his gaze across the attendees.
Seated in the room were a dozen individuals—the entire group of shareholders in Xu Corporation. Among them, the highest shareholding was just over 10%, while the smallest was barely 1%.
“The reason I called this shareholder meeting today is to discuss the company’s transformation,” Xu Hao began.
The rapid rise of Xu Corporation could not have been achieved without riding the wave of skyrocketing property prices.
As the saying goes, “When the wind is strong enough, even pigs can fly.”
And Xu Hao wasn’t just any pig—he was a sharp, ruthless, and ambitious individual.
The company’s strategy had been straightforward: build houses, sell them to cash out, then use the funds to build even more houses.
When money was tight, they took out loans.
With Xu Corporation’s valuation as collateral, many banks were more than willing to lend.
But this business model carried significant risks.
The collapse of Evergrande in his previous life was a stark reminder.
Building too many properties could lead to disaster if the market conditions shifted, resulting in bankruptcy—or worse, billions in debt.
Transformation didn’t mean abandoning real estate altogether.
Xu Hao planned to pivot toward a high-end strategy.
Developments like Tangcheng Yipin, Yihe Villas, and Xiangshan Residences—projects that would create prestigious communities—were the future.
Additionally, Xu Hao envisioned creating urban complexes as part of the transformation.
In the coming months, he intended to implement these two projects while diversifying into other industries with the remaining cash flow.
When Xu Hao shared his plans, the conference room erupted in chatter.
The shareholders couldn’t understand why Xu Hao wanted to change course when the company was thriving.
Watching the murmurs of discontent, Xu Hao smirked indifferently.
They had the right to refuse, but he wouldn’t change his decision.
“Since this is our first transformation, I admit I don’t know how things will develop in the future,” Xu Hao stated.
“Therefore, to ensure no one has to take unnecessary risks, I’m offering to buy out your shares at double the market price.”
“What do you all think?”
With that, Xu Hao smiled calmly at the group.
This was their chance—comply and walk away with a generous payout.
But for those who clung stubbornly to their shares like parasites, Xu Hao wouldn’t hesitate to send them to an early grave.
The shareholders bristled at Xu Hao’s arrogance, but they dared not openly challenge him.
After all, Xu Hao held the largest share by far. Even if all the other shareholders banded together, their opposition wouldn’t matter.
After Xu Hao’s dramatic firing spree the previous day, some began to waver. One by one, several reluctantly agreed to sell their shares.
Once the first domino fell, others quickly followed.
Eventually, only three shareholders remained steadfast in refusing to sell.
These were the three largest shareholders after Xu Hao himself.
Having invested heavily in Xu Corporation, they had reaped substantial profits and were unwilling to leave.
They had witnessed the company’s meteoric growth—changing day by day.
Although they couldn’t understand why Xu Hao suddenly wanted to transform the business when everything was going so well, they did know one thing:
Xu Hao was not someone to be taken lightly.
Rising from nothing to amass a fortune worth billions, would Xu Hao suddenly act foolishly?
The decision to transform the company must hold the promise of greater rewards.
In essence—if they followed Xu Hao’s lead, they wouldn’t lose out.
“All right, today’s meeting is adjourned,” Xu Hao announced, his gaze sweeping over the three holdout shareholders before leaving.
After the meeting, the next steps were straightforward.
Xu Hao instructed his team to process the share transfer agreements, which went off without a hitch.
In high spirits, he took a walk around the company.
The atmosphere felt heavy.
His massive round of layoffs yesterday had left the remaining employees on edge, fearing they might be next.
Xu Hao understood the art of leadership well.
If you remove people, you must also reward others.
Back in his office, he reviewed files and began promoting and giving raises to capable employees.
He also explained his reasons for the layoffs and revealed the company’s plans for transformation.
He painted a picture of rapid growth, promising that anyone who contributed to the company would be rewarded with promotions and raises.
His mastery of workplace manipulation was impeccable.
As his words and actions took effect, the previously anxious employees settled down.
Those who weren’t promoted set their sights on opportunities from the company’s transformation, determined to prove their worth.
The promoted employees were pleased but remained vigilant, wary of being outperformed.
This created a virtuous cycle.
The day passed quickly.
In addition to managing company affairs, Xu Hao gathered detailed information about the three shareholders who had refused to sell their shares:
Zheng Xuelin: 58 years old, residing at [address], holding 13% of the shares.
Lu Qinghong: Holding 9% of the shares.
Li Ping: Holding 7% of the shares.
Xu Hao summoned Li Kun to his office.
“Deliver this document to Lao Mo. Tell him to keep an eye on the people listed and gather detailed information about their families. Wait for my orders.”
Lao Mo was Xu Hao’s trusted enforcer.
He handled the dirty work Xu Hao couldn’t directly involve himself in—eliminating threats, coercion, frame-ups.
Known in the underworld as “Mo the Butcher,” Lao Mo had originally been a humble fishmonger. Xu Hao had often visited his stall for meals and, upon discovering his extraordinary skills, decided to recruit him.
Over the years, Lao Mo had dealt with numerous unsavory matters for Xu Hao.
In return, Xu Hao provided funds for Lao Mo to build his network and recruit personnel.
Now, the Blood Butcher Society, Lao Mo’s organization, had gained a reputation in the Shanghai underworld.
That evening, Xu Hao returned home and found that Su Wanqiu had fully recovered. The sight of her reignited his desire.
As the two of them ignited their passion in the bedroom—
“Click.”
The villa’s front door opened.
A pair of stunningly beautiful twin girls, nearly identical in appearance, walked through the door.