In Hong Kong, we build a global business empire

As the chairman of the board of directors of Bank of East Asia, Li Fushu presided over the shareholders' meeting.

Looking at the puzzled expressions on the faces of the shareholders present, Li Fushu smiled.

During this period, they have gradually accepted the fact that the Li family is dependent on Lin Haoran.

Thinking about it carefully, he didn't feel there was anything wrong with submitting to Lin Haoran.

All this is just for the development of the family.

A real man can bend and stretch. As long as it is beneficial to the future development of their Li family, what does it matter if their Li family bows to this young man Lin Haoran?
If you don't keep up with the trend of the times, you will be eliminated sooner or later.

Is the family's development more important, or is Bank of East Asia more important?

If the Li family were asked to choose between the two, they would definitely choose the family.

Although Bank of East Asia and the Li family have always been closely connected and as inseparable as blood, necessary trade-offs are inevitable in the face of the grand blueprint for the family's long-term development.

Even if the Bank of East Asia is gone, as long as the family can take this opportunity to develop better, it will be a worthwhile exchange.

What's more, they are only about to lose their controlling stake in Bank of East Asia, which does not mean that the Li Peicai family has no relationship with Bank of East Asia at all.

On the chessboard of business, every step needs to be carefully considered, and every "sacrifice" is for greater "gain" in the future.

Today, Bank of East Asia has not fallen into crisis due to the increasingly fierce competition in Hong Kong's banking industry, but who can guarantee that this situation can continue?
The most important thing is that Li Fushu is old, already in his seventies, and he is not sure how much time he has left.

He didn't want to see their Li family being ruthlessly left behind by the tide of the times and becoming a withered branch that no one cared about in the ups and downs of the business world.

The few shareholders present who were unaware of the situation were discussing privately about this inexplicable meeting.

"Dear colleagues, I believe you are all very curious about what is the purpose of this shareholders' meeting? Why is Mr. Lin Haoran here? Next, I will briefly tell you about it. At the same time, there will be a very important vote at the end that requires everyone's participation." Li Fushu looked around the venue and said in a deep voice.

Suddenly, the scene became quiet.

They all wanted to know what the purpose of this shareholders' meeting was.

Those who could be convened by Li Fushu to hold this shareholders' meeting must hold at least 2% of the shares, so there were not many people present. Excluding Lin Haoran and Li Peicai's family, there were only five people.

As the founding family of Bank of East Asia, the Li Peicai family has been reducing its holdings over the years, and now has reduced its holdings to 32.3%.

However, as a company that has always been controlled by the Li family, although the Li family has been reducing its equity holdings, their voting rights are much higher than their equity, and they still have up to 45% of the voting rights!
Therefore, although the total shares of all shareholders present do not reach 75%, their voting rights exceed 75%.

As long as there are enough voting rights present, Lin Haoran will be able to increase his stake to 51% without launching a takeover of Bank of East Asia.

As for the shareholders present, Li Fushu already knew that they had no intention of selling their shares in Bank of East Asia and that they had long been a solid backer of the Li Peicai family.

Among them, the shareholder representatives of China Construction Investment (Hong Kong) Co., Ltd. have consistently supported the Li family's management and operation of Bank of East Asia.

In other words, everyone present can be considered one of our own.

Therefore, the Li family had not contacted them before to discuss the sale of shares.

It is worth mentioning that under the lobbying of Li Fushu, Societe Generale, the second largest shareholder of Bank of East Asia, has sold its 5.99% stake in Bank of East Asia to Lin Haoran.

This is also the biggest reason why Lin Haoran was able to increase his shareholding from 20% to nearly 35% in just six or seven days.

These 5.99% shares play a crucial role here. Otherwise, it would be impossible for Lin Haoran to reach his current shareholding in a short period of time without everyone knowing.

As for the 3.82% held by another important shareholder, China Construction Investment (Hong Kong) Co., Ltd., Lin Haoran did not let Li Fushu contact him.

After all, from the company name, you can know who the background of this company is.

Bank of East Asia has the support of a northern state-owned enterprise, which will undoubtedly be of great benefit in the future.

They don't own much of the shares, but it is also a window for dialogue.

Li Fushu paused and continued, "Everyone must be curious about why Mr. Lin Haoran appeared in our shareholders' meeting. I solemnly announce one thing to you here. Mr. Lin Haoran has become the largest shareholder of Bank of East Asia!" As soon as these words came out, the shareholders present were shocked, and the sound of whispering suddenly became louder. The whole venue was filled with an atmosphere of disbelief.

After all, there has never been any news that Lin Haoran is going to acquire Bank of East Asia.

They were suddenly told that Lin Haoran was already the largest shareholder of Bank of East Asia. How could they not be shocked?
"How is this possible? With the equity structure of Bank of East Asia, to become the largest shareholder of Bank of East Asia, one must hold at least 32.3%. Unless Mr. Li takes the initiative to reduce his holdings, this is almost an impossible task!"

A shareholder couldn't help but exclaimed, his eyes full of confusion and puzzlement. His gaze moved back and forth between Li Fushu and Lin Haoran, trying to find the answer from their expressions.

Several other shareholders also agreed with what this shareholder said.

Several shareholders at the scene discussed the matter privately again.

After all, the equity structure of Bank of East Asia is actually very healthy. A delicate balance has always been maintained among the major shareholders, and no one can easily break it.

"Mr. Liu, I can tell you with certainty that our Li family has not reduced its holdings in Bank of East Asia so far and still holds 32.3% of the shares. However, Mr. Lin's current holdings have indeed surpassed our Li family.

The Bank of East Asia was founded by our Li Peicai family and has been controlled by our Li family since its founding. As the chairman of the Bank of East Asia, I, Li Fushu, cannot joke about such things. Moreover, this is a shareholders' meeting, such an important occasion, it is even more impossible for me to speak nonsense!" Li Fushu looked at the shareholder who raised the question and said.

Without waiting for the other party to answer, Li Fushu continued to look at everyone present and said with a smile: "No matter what, Mr. Lin is the most powerful entrepreneur in Hong Kong now. His becoming an important shareholder of our Bank of East Asia is good news for our Bank of East Asia, isn't it?"

As soon as these words were spoken, everyone's original attitude towards the matter changed immediately, and they were no longer excited.

Yes, Lin Haoran is the most powerful businessman in Hong Kong today. If Bank of East Asia gets his support because of his investment, then the future development of Bank of East Asia will surely be greatly enhanced.

Moreover, from the tone of Chairman Li Fushu, it can be heard that the current head of the Li family also strongly supports Lin Haoran's investment in Dongya Bank.

This means that there will be no battle for equity between the Li family and Lin Haoran. This is not harmful to Bank of East Asia at all. Instead, it is a signal of stability and development.

Excitement and anticipation gradually emerged in the eyes of the shareholders. They seemed to have seen the magnificent scene of Bank of East Asia moving towards higher heights with the help of Lin Haoran.

"These are not the main reasons for convening the shareholders' meeting. As for the reasons, please let Mr. Lin speak for himself. Everyone welcomes Mr. Lin to join our Bank of East Asia family!" After Li Fushu finished speaking, he led the applause.

Suddenly, there was warm applause at the scene.

Although there were not many people, these shareholders were very excited.

They can imagine that Lin Haoran has now become the largest shareholder of Bank of East Asia, which means that the richest man in Hong Kong will definitely have many collaborations with Bank of East Asia in the future. All of these mean that the future prospects of Bank of East Asia will undergo tremendous changes due to Lin Haoran's investment, and the share price of Bank of East Asia will surely soar in the future.

As shareholders of Bank of East Asia, their net worth will naturally soar as the tide rises.

Thinking of this, the shareholders' faces were filled with unconcealable joy and they clapped even harder.

Lin Haoran then stood up from his seat and looked at the shareholders in front of him.

To be honest, these shareholders may be considered well-known in the Hong Kong business community, and they are all business tycoons with a net worth of over hundreds of millions.

But among the people present, only the people from the Li family were worthy of his attention.

However, he still needs the support of these people to continue to increase his holdings in Bank of East Asia, so Lin Haoran is smiling at this moment, with a humble and friendly attitude. He bowed slightly and greeted the shareholders present.

Seeing Lin Haoran stand up, the applause gradually died down and everyone was waiting for Lin Haoran to speak.

“Everyone must be wondering why I suddenly became a major shareholder of Bank of East Asia and why I wanted to invest in Bank of East Asia?
To tell you the truth, I was able to become a major shareholder of Bank of East Asia thanks to the support of Mr. Li. It was his support that allowed me to successfully hold 34.9% of Bank of East Asia's shares and become the bank's largest shareholder.

As for why I want to invest in Bank of East Asia, the reason is very simple. I want to acquire Bank of East Asia and become the absolute controlling shareholder of Bank of East Asia!" Lin Haoran did not hide it and directly dropped this heavy news.

Suddenly, everyone's eyes turned to Li Fushu and his son Li Guobin.

Lin Haoran wants to become the absolute controlling shareholder of Bank of East Asia. How could Li Peicai's family agree to such an excessive condition?
This is simply unbelievable news!

Everyone knows what absolute control means, which means at least 51% of the shares. (End of this chapter)