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Chapter 80 Confrontation

"In fact, the content is very simple. It can be summarized as: If I am lucky enough to regain the future development direction of Dade Group, then I will hire and vigorously delegate power to professional managers and provide equity incentives that are not lower than my own shareholding ratio. In other words, Dade Huitong Company will completely bid farewell to the family management model and in the near future, it will become a modern enterprise that is truly created by professional managers and has a strong sense of market competition." Many people were attracted by Cheng Feng's plan and did not realize that Cheng Feng was digging his own corners. They ignored where the shares of the future manager team came from, and their voices decreased, and only saw a bright future.

Cheng Feng was still very confident and said directly: "My commitments and plans are recorded in this plan. I urge all directors to make the right choice after carefully reading this plan."

Shareholders saw the content on the plan. Although the prospects were good, many people's interests were infringed.

"The plan is done well, but are you planning to reduce Dade's business scope?"

"That's right, Dade will only do the research, development and sales of automobile accessories in the future, and the construction and expansion of automobile beauty and maintenance stores."

Cheng Feng said confidently: "That's right!"

"Why?"

"Through data analysis, Dade Huitong's results in recent years have not been very ideal. It can basically be summarized as the investment is too diversified and the industrial pillar is unclear."

Lu Manjia also heard Cheng Feng's words and asked curiously: "Then why did you choose to only do the two industries of automobile accessories and automobile beauty and maintenance?"

"This is a conclusion drawn based on data analysis and other industries in Dade. The numbers indicated in the plan are enough to illustrate all the problems."

Liang Junzheng said slowly: "Your plan is very bold, it is also very innovative, and the target data is also very attractive. But the question is why do we believe in your number?"

Cheng Feng was a little stunned for a moment, and the shareholders also looked at each other and discussed in a low voice.

"Can I infer that your plan is just a big cake for all of us, or even completely unpleasant to say, it is a completely unfounded castle in the air and nonsense?"

As he said that, Liang Jun threw the plan on the table and said, "To be honest, your idea is indeed very good, but you ignored the problem of funds that need to be invested."

"Not to mention the car beauty aspect, this is indeed a big profit. Dade is also doing business in this area. There are only more than 300 related car beauty and maintenance chain stores now, with about 50,000 employees, and there are no well-known chain brands. On the contrary, there are more than 200,000 car repair companies, and car beauty and maintenance only accounts for 15% of the 100,000 car beauty and maintenance."

"With society development, more and more families will buy cars. Conservatively estimated that there will be 40 million users in the next ten years. So there is indeed a lot of room for development for car beauty and maintenance products nowadays. After all, many of the products are counterfeit and shoddy products, even a few cents or a few dollars in Europe and the United States. After entering the country, the prices will be as high as dozens of yuan or even hundreds of yuan. If we can win this product, there will be a lot of profits."

"But a lot of money is needed to be invested in the production and development of automobile parts. Where does the funds come from then on?"

"Also, have you ignored the biggest source of profit for Dade now, which is real estate development? Although the Dade real estate industry is not very large, its profits are very objective. Why can't you walk on two legs and have to fight to the death in automobiles?"

"Although there is no specialization in an industry, the profit is very high. However, there is still a big gap between domestic and foreign brands in terms of automobiles, especially the Dade Group does not have any professional R&D team now. We need to continue to invest money in research and development and develop car maintenance products with our own patents. At that time, when facing the low-priced dumping of foreign products, what should we fight against them? We cannot expect Dade's automobile maintenance to fight against them, right? This will inevitably require the Dade Group's continuous blood transfusion to occupy the market and eventually become the leading domestic industry enterprise and the largest national brand. If we give up other industries, what should we do then? Should we bow our heads and admit defeat and embark on the old path of those big brands being acquired by foreign capital more than ten years ago?"

"Secondly, all large enterprises are diversified. It does not mean that the great masters have to give up their own car accessories, but they need to strengthen channels to resist risks."

Cheng Feng didn't expect that Liang Junzheng had said so much, and it was all things that were not in his plan. He thought that his plan was stolen by Liang Junzheng.

He thought for a while and found that there were not many people who knew his plan, only Wu Di. He couldn't help but smile bitterly, but he didn't expect that Wu Di would eventually betray him and let him fall into the hands of his brothers.

"Mr. Liang, you..."

Liang Junzheng saw Cheng Feng's expression and knew what he was thinking. He simply said: "Cheng Feng, don't think that you are the only one who is a smart person. We have considered the matter of car beauty and maintenance a long time ago and are gradually promoting it, but we are all working steadily, rather than being eager for quick success and instant benefits."

"Dear directors, who has any questions now?"

Only then did all the directors remember that Liang Junjing had submitted a similar plan not long ago, but they were beaten back. The reason was as Liang Junzheng said, there was too much R&D funding needed.

Cheng Feng saw that he could not get support from the plan, but his shareholding ratio had reached 27%, which was the same as the shareholding ratio of the special board of directors, so he asked the lawyer to initiate a vote.

The shareholders looked at each other and felt that Cheng Feng, a young man, was easier to control, and it was better than not being able to gain any advantage with Liang Junzheng.

They raised their hands to vote, and seeing that Cheng Feng's approval rating has exceeded more than half of the directors, they can become the new chairman.

Liang Jun was looking at the directors and felt that his passion had been wrong after all, but Zhao Shucheng was right. These shareholders were all fence-bearers and were ungrateful.

"Wait a minute, Lawyer Zhang, you are wrong. Cheng Feng's shareholding ratio does not exceed my holdings."

Cheng Feng looked at Liang Junzheng proudly and said, "Mr. Liang, there is no calculation error. I am just the same as you. By the way, don't you think you still hold shares in Haidong Securities, right?"

"Wu Di is now looking for his brother. He should have obtained the authorization now. I have more shares than you, so I won this game."

Liang Jun was looking at the proud Cheng Feng and smiled, saying, "Cheng Feng, you are still too anxious. Although Wu Wei was my partner, he had sold all his shares at the moment Dade changed hands. Now the shares I and the major shareholders of the group are 45%, which is much more than yours."
Chapter completed!
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