Era: I was a farmer at the foot of Yaoling Mountain

Lu Zhiwen comes from a business background. Although he is not opposed to the real estate industry, he strongly opposes the company making heavy investments in this sector.

The key issue is that Cai Tong and Lin Bingkun both sided with Hu Linwei, leaving him with no other choice but to seek out Fang Wei.

"So, in such a short time, they're already planning to overturn my previous development strategy? When I was in Guangzhou a while ago, they even came to me with some pretense of consulting me. How utterly ridiculous!"

Fang Wei was a little unhappy. He didn't object to getting involved in real estate, after all, the industry's profits were far from over.

The problem is that you can't just look at how profitable this industry is and bet heavily on it, thus neglecting your main business.

Yaoling Group's core business is breeding, planting, and processing of agricultural and sideline products. The real estate company should operate cautiously and withdraw as soon as possible when the time is right.

With so many excellent companies under its umbrella, there's no need to gamble; steady and pragmatic progress is the right path.

“Secretary, I didn’t want to trouble you. But President Hu is planning to raise a huge amount of money for the real estate company, and I’m worried that there might be problems, so I came here.”

Lu Zhiwen felt helpless. He knew that after coming to see Fang Wei, he would probably be ostracized when he returned to the company.

But this matter involves the company's major development plan, so he has to take it seriously.

"I know. You go back first, just pretend nothing happened. I need to think about this carefully."

At that moment, Fang Wei was genuinely a little angry.

He wasn't greedy for power; otherwise, he wouldn't have resigned in the first place. It's normal for Hu Linwei and Lin Bingkun to have their own ideas, but Cai Tong was the chairman he and the company nominated. How could he not let out a single word about such a big matter?

However, so far this is only Lu Zhiwen's side of the story, and he needs to find out more details.

"Okay, Party Secretary, I'll be going now."

Without further ado, Lu Zhiwen headed straight for Guangzhou.

Fang Wei sat in his office and thought for a while, then decided to postpone the matter. He naturally wouldn't sell Lu Zhiwen, but planned to use other methods.

He had just asked Lu Zhiwen, and Hu Linwei's plan had not yet been resolved, let alone approved by the board of directors.

Such a big matter definitely needs to be approved by the board of directors; Hu Linwei has no right to make decisions on his own.

Two days after Lu Zhiwen returned to Guangzhou, the group company held a meeting to discuss a proposal to focus on supporting the development of real estate companies.

According to the proposal, Yaoling Real Estate will increase its capital and expand its shareholding to further strengthen its capabilities. In addition, there are plans to increase financing efforts, with a target amount of up to 500 billion yuan.

Lu Zhiwen felt the proposal was too radical and voiced his opposition at the meeting.

Lin Bingkun did not object, but felt that the financing amount was too large. He suggested reducing the financing scale and also reducing the scale of capital increase and share expansion by half.

Most of the other members of the management team supported the proposal, while some opposed it.

Ultimately, the proposal was passed, but the financing scale was reduced to 300 billion yuan, while the scale of the capital increase and share expansion plan remained unchanged.

The proposal was then submitted to the board of directors.

Cai Tong looked at the proposal in front of him with a dilemma. After becoming chairman, he wanted to achieve results quickly, but the company's development had entered a stable period, and it was easier said than done to make outstanding achievements.

So when Hu Linwei proposed to vigorously develop the real estate company, he was indeed tempted.

But Fang Wei's instructions before leaving the company still echoed in his ears. He knew very well what Fang Wei's attitude was towards real estate companies: to operate prudently, not to use leverage, and to exit early when appropriate.

The domestic real estate industry is booming right now; it's definitely a lucrative industry.

Cai Tong was caught in a dilemma, unsure of what to choose.

Yaoling Township.

Fang Wei has not made any moves in the past few days, but he already knows everything about the Yaoling Group's high-level meeting.

The proposal will be submitted to the board of directors next, and he is very curious about Cai Tong's thoughts.

Pan Lianhua could tell that the man had something on his mind, but she didn't ask. However, the meals at home had been quite good these past few days, mostly consisting of dishes that Fang Wei liked.

"Lotus, don't worry about me, it's nothing serious. Yaoling Group is preparing to change its development strategy and vigorously develop its real estate business. It's still in the discussion stage."

Fang Wei knew perfectly well what was going on, and explained it to his wife during dinner that evening.

Pan Lianhua was relieved upon hearing this. Wasn't the Yaoling Group's business just a matter for the cooperative? Her man could handle it.

After dinner, she was about to take Fang Wei for a walk when Fang Wei's phone rang before they even left the house.

"Secretary, have you eaten?"

The call was from Cai Tong. He chatted with Fang Wei for a few minutes before getting to the point.

He explained in detail the proposal submitted by the group's management, and concluded by stating his opinion that the proposal was rather radical and very risky. "Indeed, it's very risky. Once you start financing, it's hard to stop. I still maintain that we should never forget our original intention: to do a good job in agriculture and agricultural product processing. Everything else is just extra."

Fang Wei finally received Cai Tong's call, but felt neither surprise nor joy.

He doesn't believe his influence is still that great, and disagreements on business are normal. But he absolutely will not allow Yaoling Group to take risks; diverting its focus away from its core business is actually a short-term solution.

He will have a proper talk with Hu Linwei after this matter is over.

"Yes, yes, the Party Secretary is right. I was almost blinded by the immediate benefits. It's not easy to overcome greed. I will take this as a warning."

Cai Tong did not hide her inner thoughts and feelings, and even offered self-criticism after she finished speaking.

The two then ended the call, and Fang Wei waited quietly for the board's decision.

the next day.

Cai Tong convened a board meeting to review the proposals submitted by the company's management.

Several directors believed that the proposal posed significant risks and violated the group's established development strategy, and all directors, including Cai Tong, voted against it.

Hu Linwei felt wronged at the moment the board resolution was issued.

All I wanted to do was lead Yaoling Group to new heights, so why did the board reject the proposal? The current real estate market is booming, and increasing capital and issuing bonds can quickly enhance Yaoling Real Estate's strength. Hundreds of billions in profits are not just a dream.

Just because Secretary Fang set the boundaries, does that mean no one can break through them?
Lin Bingkun was indifferent; he thought it was fine this way, so he wouldn't have trouble explaining things to Fang Shishu later.

Lu Zhiwen breathed a sigh of relief. As expected of Secretary Fang, he resolved the company's development crisis with gentle and persuasive methods.

End of the year.

Yaoling Agriculture held a shareholders' meeting, and Fang Wei attended the meeting as the representative of the largest shareholder.

After the meeting, he invited Hu Linwei to dinner alone.

"Mr. Hu, your abilities are undeniable, but your business style is a bit too risky. We entered the real estate industry with a special historical background, and it's understandable that we wanted to make more money."

However, large-scale capital increases and share expansions would harm the interests of existing shareholders, and large-scale borrowing would bring significant financial risks. Therefore, capital increases and share expansions would ultimately be rejected by the shareholders' meeting, and large-scale financing would be halted.

Fang Wei felt that the other party had forgotten the nature of the company. Yaoling Group was a genuine collective enterprise, and their attempt to dilute equity would not succeed.

In addition, he remains opposed to large-scale financing, since most members don't like taking risks.

Steady progress is the key. The group is developing well, so why gamble?
“Secretary, every era has its own opportunities. If you don’t dare to seize an opportunity, what kind of business can you run? I know what you’re saying is right, but if you’re always so cautious, how can a company achieve extraordinary growth?”

Hu Linwei was still unconvinced. Although he had some personal motives in this matter, most of it was for the development of the company.

Is it ridiculous to run a business not to make money? Or is it to do charity?
Previously, under Fang Wei's suppression, he did not dare to reveal his ambition. Only after Fang Wei resigned did he intend to fully display his talent.

Reality dealt him a heavy blow; the board of directors and shareholders did not support his decision.

"You mentioned unconventional development, but in reality, there aren't that many unconventional things. A simple and ordinary life is the best. Mr. Hu, I hope you can understand the concerns of the board of directors and shareholders, and not be presumptuous."

Fang Wei's words were rather harsh. Deep down, he admired Hu Linwei, but he would never tolerate him.

It's normal to have differing business philosophies, but once the board of directors and shareholders have set the tone, they must unconditionally obey. If this cannot be done, the company may have no choice but to reluctantly part with the business.

“I understand! I’m just a manager and have no right to decide on major company matters. Secretary, I just wanted to tell you what’s on my mind. I will resolutely implement the board’s resolutions.”

Hu Linwei sighed, feeling that the company had missed a golden opportunity for development.

However, he wouldn't do anything underhanded. As long as he worked for the company, he would never do anything to harm the company's interests.

He still knew his limits in this regard.

"Alright, let's leave it at that. I believe we'll have an answer soon enough about who's right and who's wrong."

Fang Wei didn't say much. He was no longer a member of the company, and as a shareholder representative, he had fulfilled his obligation to remind them.

Disagreements are not a problem, as long as the other party is willing to act within the rules, everything is fine.

"Okay, next I will go back to my original intention and continue to expand and strengthen our advantageous industries, especially our main business."

Hu Linwei smiled and offered Fang Wei a toast.

After this matter was over, Fang Wei returned to the village.

The facts have proven that the members of the company's board of directors are trustworthy. This is equivalent to putting a safety lock on the operation and development of Yaoling Group, ensuring that the large ship of Yaoling Group will not go astray. (End of this chapter)