Names: Uncle Zhao Mengsheng, Father-in-law Pei Yihong

Zheng Xipo was a little flustered, but he forced himself to remain calm and replied, "Governor Qi, the issue we're discussing now is the demolition and relocation; the source of the shares is irrelevant and there's no need to delve into it!"

Qi Tongwei sneered and pressed forward step by step, his aura overwhelming Zheng Xipo. "Zheng Xipo, what an insignificant person you are."

This is precisely the root of the whole dispute, and it's extremely important.

Since you refuse to tell us, then let Elder Chen tell us himself.

All eyes were once again focused on Chen Yanshi.

Everyone knows that Dafeng Factory was restructured by Chen Yanshi, who gave the workers shares.

Chen Yanshi sighed softly and recounted an old story: "Comrades, I was in charge of the overall planning when Dafeng Factory was restructured. In order to stabilize the morale of Dafeng Factory and motivate production, I specially allocated 40% of the shares to all the factory workers."

Qi Tongwei pressed on, getting straight to the core issue, "Mr. Chen, what is the basis for the 40% shareholding? Is it stipulated in official documents or verbally agreed upon?"

Chen Yanshi's eyes flickered, and his tone was slightly unsure of himself. "There's no hard and fast rule of law. It's just to give the workers a sense of belonging and to make them truly feel like they are the owners of Dafeng Factory."

At that time, this was the way it was done in parts of the province during the restructuring.

I also drew on the experience of other companies undergoing restructuring.

Qi Tongwei nodded. "In other words, the allocation is entirely based on individual will, without any rigid regulations from the Jingzhou Municipal Government."

I have seen the restructuring files of Dafeng Factory. The so-called worker stock ownership was essentially given to the workers free of charge.

Those who truly hold large amounts of equity and core interests are all middle and senior management personnel.

Ordinary frontline workers either receive a symbolic 100 shares or a negligible amount, leaving them with virtually no say and little to no chance of receiving dividends. Is that right?

Chen Yanshi remained silent for a moment, then nodded helplessly and admitted frankly, "That's true."

Back then, this was the general model for the restructuring of all factories, so it wasn't considered unfair. After all, our reform was for the sake of efficiency and to keep Dafeng Factory alive.

Given the circumstances, there was no other choice.

Sha Ruijin spoke up at the opportune moment, attempting to ease the situation and showing favoritism towards Chen Yanshi.

After all, Chen Yanshi was his adoptive father.

"Executive Qi, the era was different, and the reform methods were limited."

Old Chen was wholeheartedly devoted to the people and cared for the workers; his original intentions were perfectly sound.

Qi Tongwei did not refute, but took the document handed to him by his secretary Cai Xiaofei. "Secretary Sha, your initial intention was not wrong, but there are limits to the rules."

Comrades, please look at this clause regarding the reform.

It is clearly noted that if Dafeng Factory is poorly managed, suffers consecutive years of losses, and is on the verge of bankruptcy, the workers will automatically lose their shareholding rights, and all undisposed shares and factory assets will be uniformly transferred to the Jingzhou Municipal Government.

After he finished speaking, the entire room fell silent.

Chen Qingquan immediately spoke up to corroborate, "Governor Qi's words are true, the terms are real and valid, the files are clear and verifiable, and they bear the official seal of the Jingzhou Municipal Archives, thus having legal effect."

Currently, Dafeng Factory is insolvent and has been losing money for many years, fully meeting the conditions for equity buyback.

If this is done, the portion held by the workers of Dafeng Factory should belong to the Jingzhou Municipal Government.

Zheng Xipo's face turned ashen, and he shook his head repeatedly, "Impossible! Absolutely impossible!"

No one ever told me about this product; it's pure nonsense!

Could it be that someone added it at the last minute?

It's all for the land that Dafeng Factory owns, worth a billion yuan.

The document is in black and white, with official seals present, leaving no room for denial.

That's all Zheng Xipo could say.

Li Dakang straightened his back instantly, full of confidence. "It would be great if the Jingzhou Municipal Government could get some shares."

"Thank you, Governor Qi, for your meticulous work and for getting to the root of the problem!"

On behalf of the Jingzhou Municipal Party Committee and Government, I formally propose to legally reclaim 40% of the shares of Dafeng Factory.

Li Dakang is the top official in Jingzhou, so of course he can say that.

We told you to demolish it, but you wouldn't.

Now you don't need to make a fuss anymore. The equity is no longer your business, so get out of here.

Wu Xiongfei followed closely behind, saying, "I support it!"

There are clear grounds and laws to follow; demolition will begin shortly!

That's really well-reasoned and supported by evidence.

Demolishing the large wind turbine factory is no longer difficult.

Deputy Factory Director Ma turned red with anxiety and objected on the spot.

"I disagree! This is forcibly taking back workers' rights! It seriously infringes on our legitimate rights."

Zhang Tiezui completely broke down, angrily shouting, "Li Dakang, Wu Xiongfei, you're blatantly robbing the people of their assets! Your behavior is absolutely disgusting!"

Yu Ruixing echoed, his emotions running high, "Wu Xiongfei, you are blatantly oppressing ordinary workers! Where is justice?!"

The three lost control of their emotions, and the scene almost descended into chaos again.

Qi Tongwei remained calm and unhurried, and in a deep voice instructed his secretary beside him, "Xiao Fei, play the evidence video."

"Yes, boss, I'll arrange it right away."

As soon as he finished speaking, the screen lit up.

A clear procurement video was played, providing irrefutable and conclusive evidence.

Yu Ruixing, in collusion with Wang Wenge, purchased a batch of fireworks and firecrackers under the guise of factory security and protection supplies.

The actual purchase amount was 150,000 yuan, but the two individuals maliciously overstated the amount and issued false invoices for 300,000 yuan, thus embezzling public funds from Dafeng Factory.

They maliciously seized double the profit; their methods were blatant and despicable.

Qi Tongwei looked coldly at You Ruixing, "Accountant You, I never could have guessed why Dafeng Factory was losing money."

Today, I finally understand why Dafeng Factory has suffered losses year after year and gone bankrupt so frequently—it's because you parasites have emptied it out little by little.

They falsified accounts, embezzled public funds, and lined their own pockets, making huge profits through misappropriation.

With things like this, it's no wonder you're going bankrupt.

Even the landlords couldn't withstand it.

Yu Ruixing broke out in a cold sweat, his face turned pale, and he panicked instantly. "Governor Qi, please let me explain. I have my own difficulties."

Zheng Xipo glared at You Ruixing, his eyes blazing with fury. "Accountant You! You bastard! We all risked our lives to protect the factory, and you've been embezzling from Dafeng Factory behind its back! How can you face all the factory workers?!"

Deputy Factory Director Ma and Zhang Tiezui also turned around and rebuked him, their faces full of indignation.

The shareholders who had originally banded together to protect their rights instantly disintegrated and turned against each other.

Qi Tongwei continued, "A large fire has broken out at the Dafeng Factory, and flammable and explosive materials are scattered everywhere, posing a great risk."

If the relevant departments had not dealt with and isolated the dangerous materials in a timely manner, Wang Wenge's rampage could have resulted in multiple people being burned and disabled, or even a mass death and a major safety accident.

At that time, all of you, and even all of us present here, will face legal consequences!

As for whether the firecrackers had been treated, Qi Tongwei did not mention it.

Some secrets will not be made public for the time being.

Yu Ruixing's legs went weak, and he collapsed to the ground, hurriedly pleading for forgiveness, "Governor Qi, I was wrong! I was just momentarily bewitched, it was all Wang Wenge's doing!"

I didn't touch a single penny of those 150,000 yuan in public funds; I handed it all over to Wang Wenge. I didn't take a single cent!

With irrefutable evidence and undeniable guilt, he completely lost his arrogance.

Seeing this, Sha Ruijin rolled up his sleeves; his chance to shine had come.

"Comrades, the facts are clear, the evidence is conclusive, and the legal principles are sound; there is no need for further discussion."

"Dafeng Factory must be demolished today!"

The dust has settled, and there is no room for a comeback.

Ignoring Sha Ruijin, Zheng Xipo looked dejected and whispered to Qi Tongwei for help, "Governor Qi, Dafeng Factory has been demolished. What are we old workers going to do now?"

We want to make a living.

Qi Tongwei offered a solution: "You don't need to panic. As long as you work diligently, the Jingzhou Municipal Party Committee and Government will arrange training and resettlement in a unified manner, ensuring that no one is left behind."