How A Ride-Hailing Driver Comes To Dominate The World? [EN]: Chapter 177

The Big Shots Are All Here for Yang Chen (Subscription Requested)

“Master, does your family run a hotel?” Zhang Jun asked.

Yang Chen remained calm and replied, “My younger brother runs a restaurant. I drive for a ride-hailing service.”

Zhang Jun: “Oh, who were you calling just now?”

Yang Chen: “Oh, a boss who sells aquatic products.”

Zhang Jun: “What, don’t you have a cooperative supplier? Do you still need to find one temporarily?”

Yang Chen: “Haha… Just accidentally ran into a seller.”

…

Zhang Jun kept probing, but Yang Chen always deliberately held back, and he couldn’t find out any substantive information until they got out of the car.

Yu Shishi had already arranged everything. The owner of Dongyuan Restaurant would cooperate in putting on a show.

At eleven o’clock in the evening, Chen Chen arrived at Dongyuan Restaurant and met with Yang Chen.

The owner of Dongyuan Restaurant, Yang Le, cooperated with Yang Chen in putting on a show and successfully deceived Chen Chen.

Chen Chen immediately called someone to send 5 groupers and 10 Boston lobsters to Dongyuan Restaurant to test the waters. If they sold well, he would supply more later.

Chen Chen left Dongyuan Restaurant and met with Zhang Jun two streets away.

Zhang Jun asked, “Are you sure there are no problems?”

Chen Chen: “Don’t worry, there are no problems. We’ll test the waters first, and then see if we should increase the supply depending on the situation.”

Zhang Jun: “Yeah. Be careful and cautious in everything. Never blindly increase customers for the sake of making money. Understand?”

Chen Chen: “Brother, are you still worried about the way I do things? Let’s go get a foot massage and find some girls.”

Zhang Jun: “Haha… Let’s go.”

Dongyuan Restaurant.

The owner, Yang Le, asked, “What should we do with these things?”

Yang Chen: “Tomorrow at noon, make two fish and four lobsters, divide them into two portions, and send them to Villa No. 1 and Villa No. 8 in Binjiang Villas, just say they are from Yang Chen. The rest will be given to the boss as a thank you for your help.”

Yang Le: “Haha… Okay! Then I will thank Boss Yang in advance.”

Yang Chen: “You’re welcome. Call Chen Chen after get off work tomorrow night and ask him to continue delivering the goods. I will bear the cost, so you can ask for as much as you want.”

Yang Le: “Okay! I understand. What about the goods that come in?”

Yang Chen: “Not sure, we’ll see what happens then.”

Yang Le: “Okay!”

…

Back home, Yang Chen called Li Baoqing.

Li Baoqing: “Haha… Why is Mr. Yang calling so late?”

Yang Chen: “It’s like this, a friend of mine ordered a grouper and Boston lobster at Baoqing Restaurant today, and he felt the taste was not right. I asked him what was wrong, and he said the taste was not right, suspecting that what we sold was not pure wild grouper and Boston lobster. I don’t think he would joke with me about this kind of thing, so I called Director Li to understand the situation. I usually don’t interfere with the company’s management and operation, and just wait for more money at the end of the year. But if someone harms the company’s interests and encroaches on my dividends, then I won’t agree. I want to know who the company’s procurement department manager is and whether he is reliable!”

Li Baoqing: “Ah? Is there such a thing? Impossible, does your friend eat often? Could he be mistaken? The manager of the company’s procurement department is my brother-in-law Zhang Jun. I can guarantee to Mr. Yang that there will be absolutely no problem.”

Yang Chen: “That’s good. Maybe my friend ate something wrong. It’s getting late, so I won’t disturb Director Li’s rest. Goodbye.”

Li Baoqing: “Okay! Good night, Mr. Yang.”

Yang Chen had already reminded Li Baoqing. If Chen Chen continues to deliver goods tomorrow, it means that Li Baoqing is protecting Zhang Jun, then Yang Chen will take it seriously.

…

Li Baoqing’s home.

“A Juan, call Xiao Jun and tell him to restrain himself recently. The second shareholder called just now and said that his friend ate grouper and Boston lobster in our restaurant today and they were not wild, and questioned me who the procurement department manager was. Tell Xiao Jun not to mess around, it has already aroused the suspicion of the second shareholder,” Li Baoqing said.

Zhang Juan: “Xiao Jun is getting married soon, and the woman requires buying a new house, a car, and an additional 500,000 yuan in betrothal gifts [bride price]. My parents definitely can’t come up with that much, and you don’t want me to give it to him. Then tell me, if he doesn’t use his brain, how can he get so much money to marry a wife?”

Li Baoqing: “But now the second shareholder is already suspicious. If you don’t restrain yourself, Xiao Jun may have an accident. I have tried my best to turn a blind eye, but you can’t condone him to be so reckless all the time.”

Zhang Juan: “The company is about to go public, and we will cash out and leave at that time. Why do you care so much? That second shareholder is also nosy! Aren’t there several capitals that want to invest in us? Or we can accept their investment and weaken the second shareholder’s shareholding ratio. What do you think? You only have 35% of the shares, but he has 32%. Your position as the largest shareholder is not stable. If the second shareholder spends a lot of money to buy a little more equity from other shareholders, you will not be the largest shareholder. We must join forces to suppress him. Do you really think this is good?”

Li Baoqing felt that what his wife said made sense. Yang Chen is indeed the best second shareholder, never interfering in the company’s affairs, just giving him dividends.

The problem is that his shareholding ratio is too high. 32% and 35% are really not much different. As long as Yang Chen is willing to spend more money, he can really buy equity from other shareholders, and Li Baoqing’s position as the largest shareholder may not be guaranteed.

After careful consideration, Li Baoqing said: “Okay! I also think his shareholding ratio is too high and should be weakened. But Xiao Jun must also restrain himself a little bit.”

Zhang Juan: “Oh, I know.”

After all, these two people have no cultural background and made their fortune through shady means. They know that they cannot make the company develop better, so it is safer to cash out and leave as soon as possible.

In fact, this is also a wise choice, better than many listed companies that eventually lose money and delist. At that time, the boss wants to cash out and leave but cannot.

Early in the morning, Yang Chen received a call from the secretary of the board of directors of Baoqing Restaurant Group after dropping off two passengers, inviting him to attend a shareholders meeting at the group headquarters conference room at nine o’clock tomorrow morning.

Yang Chen thought that Li Baoqing might be cleaning up the house, and happily agreed.

At eleven o’clock in the evening, Chen Chen delivered the grouper and Boston lobster as usual.

Yang Chen was stunned when he received Yang Le’s call.

What does Li Baoqing mean?

Does he absolutely believe that his brother-in-law is reliable, or does he just let it go?

In any case, Yang Chen has collected the evidence, and it depends on how Li Baoqing and his wife perform at tomorrow’s shareholders meeting.

Baoqing Restaurant Headquarters Conference Room, Shareholders Meeting Site.

Li Baoqing and his wife proposed to absorb the capital injection of 4 companies, but the equity in their hands remained unchanged, but diluted the equity of other shareholders.

Other shareholders certainly disagree, it’s not like this.

In order to compensate other shareholders, Li Baoqing said that he would take out half of the funds and compensate them according to their shareholding ratio, and the remaining money would be used to expand stores, etc.

And their couple will also symbolically invest some funds in the company, but the specific amount depends on their meaning.

The word symbolic is wonderfully used, they can give as much as they want?

With more stores and better performance, the market value of the company can be raised after the company is listed, and the equity in everyone’s hands will be more valuable, and everyone can earn a lot by cashing out at that time.

Except for Yang Chen, the shareholding ratio of other shareholders is very small. They can hardly have any impact on the company’s decision-making and other issues. The only expectation is to cash out and leave after the company is listed.

Therefore, after a series of persuasion from Li Baoqing and his wife, other small shareholders also defaulted to this plan.

To put it bluntly, this way of playing has little impact on other small shareholders.

They originally had no right to speak, and only wanted to cash out after the listing, which does not affect them.

But Yang Chen is different.

That’s right, he usually doesn’t care about the company’s business decisions, but that’s because he voluntarily doesn’t want to care, not because he is not qualified to care.

But once his equity is diluted, he is really not qualified to care.

“Having no sword in hand is different from having a sword but not using it.”

Wanting to dilute Yang Chen’s equity in the name of absorbing capital injection and take away the sword in his hand, Yang Chen will not agree!

Li Baoqing asked with a smile: “Mr. Yang, what do you mean?”

Yang Chen: “Of course I disagree! Either the equity of the two of you is reduced in the same proportion as my equity, or our equity ratio remains unchanged. I will not accept your plan where your equity remains unchanged and my equity becomes smaller. You symbolically take a little money and want to keep the shareholding ratio unchanged, then I symbolically take a little money and also keep my equity unchanged, okay?”

The smile on Li Baoqing’s face gradually disappeared.

Zhang Juan sneered and said: “Mr. Yang, you have to figure out your identity. You are just a second shareholder with 32% of the shares. As long as our other shareholders are willing, you have to be willing even if you are unwilling. The restaurant was founded by our couple and slowly developed. Our equity must be kept at the bottom line of 51%. You don’t understand this, right? Besides, we are not letting you be diluted for nothing, but will give you cash compensation.”

Yang Chen: “I don’t want cash compensation, I also want to wait for the company to go public and then cash out. How much is the compensation now? At least ten times more can be cashed out after the listing, why should I accept your plan?”

Li Baoqing: “You only have 32% of the shares, and there are 68% of the shares outside. As long as these 68% of the shares agree, it is useless if you disagree. More than two-thirds of the shareholders agree.”

Other small shareholders also quickly persuaded Yang Chen to think about it. Everyone’s ultimate goal is to cash out after the listing. As long as the money that can be cashed out in the end will not be reduced, why bother about how much equity there is?

Yang Chen’s attitude was very firm, and he said: “No matter what you say, I disagree anyway!”

Li Baoqing smiled and said: “It doesn’t matter, we will vote by show of hands. Shareholders who agree with the plan I just proposed, please raise your hands.”

Unsurprisingly, except for Yang Chen, all other shareholders raised their hands in favor.

Li Baoqing: “Haha… Mr. Yang, I’m sorry, 68% of the shares agree, more than two-thirds, the proposal is passed.”

Yang Chen didn’t speak.

Zhang Juan: “Haha… We will hold the 20th anniversary of Baoqing Restaurant in the headquarters auditorium on Friday night, and we will also invite representatives from the four institutions that want to invest to participate. Everyone is a shareholder and must be present. No problem, right?”

Other shareholders nodded with a smile, saying that there was no problem and they would definitely be there in person.

Yang Chen still didn’t speak.

Li Baoqing: “Mr. Yang, what do you say?”

Yang Chen: “I am a shareholder, of course I have to be there. I will definitely send a big gift to celebrate the 20th anniversary of Baoqing Restaurant!”

“Haha…” Everyone laughed.

Li Baoqing and Zhang Juan were secretly delighted. It was such an easy way to dilute Yang Chen’s equity, keep their equity unchanged, and be able to share the money invested by the four institutions. It was a big profit!

Yang Chen originally thought that Li Baoqing could handle his brother-in-law’s affairs, and he would still be a hands-off shopkeeper in the future.

Now it’s good, he has no ideas, but Li Baoqing and his wife have ideas about him, and they even want to dilute his equity in this way.

Since they have provoked him, then let’s rely on our abilities to see who is the real king!

…

Friday, 7 p.m., Yang Chen drove to Baoqing Group headquarters.

Coincidentally, he met Zhang Jun again while waiting for the elevator.

Zhang Jun asked with a surprised look: “Huh? Aren’t you the ride-hailing driver? What are you doing here so late?”

Yang Chen: “Isn’t there a celebration being held here? I’m here with a friend to broaden my horizons.”

Zhang Jun: “Haha… Then your friend is very powerful. That’s right, we are holding the 20th anniversary celebration of Baoqing Restaurant tonight. Since your friend can be invited to participate, it means he is not simple. What does he do?”

Yang Chen: “He is an investor, saying he has invested in your group.”

At this moment, Yang Chen’s phone rang, and it was Qiu Yuhong calling him.

Yang Chen walked aside and answered the phone.

Qiu Yuhong: “Mr. Yang, I’m going to the United States tonight. Something happened to the mercenary branch there, and I have to go and deal with it. During the time I’m away, you can directly contact my son or the vice president if you have anything.”

Yang Chen: “What’s the matter, is it serious?”

Qiu Yuhong: “The mercenaries there had a conflict with the local gang when they were performing a mission in Black Mexico [slang for dangerous areas in Mexico]. There was a firefight between the two sides, and several brothers were killed or injured. I’m going to deal with it.”

Yang Chen: “Okay! Then be careful and pay attention to safety.”

Qiu Yuhong: “Okay. Thank you for your concern, Mr. Yang. Alas… I still have to go to Baoqing Restaurant. They are holding a 20th anniversary celebration and invited me to go. It’s really troublesome.”

Yang Chen: “Do you have a relationship with Li Baoqing?”

Qiu Yuhong: “He was my little brother back then, but he was kicked out of the company by me for disobeying. It’s amazing that this kid actually started a Baoqing Restaurant, he’s quite capable. Since he invited me without remembering the past, then I should go through the motions out of my past relationship.”

Unexpectedly, Qiu Yuhong, who is submissive in front of Yang Chen, was once a powerful figure, and even Li Baoqing was his little brother.

Yang Chen: “What a coincidence, I’m also here. Come over now, and I’ll have a drink with you later, as a way to wish you a smooth journey.”

Qiu Yuhong: “Really! Okay, I’m coming! Haha…”

Hanging up the phone, Yang Chen waited for the next elevator to go up.

Arriving at the auditorium, Yang Chen found a place to sit down alone.

Li Baoqing and other shareholders were greeting guests, and Yang Chen didn’t see any other acquaintances.

After a while, Zhang Jun came.

“Hey, brother, where’s your friend? Which one is he?” Zhang Jun asked.

Yang Chen pointed to Li Baoqing and others and said, “They are all my partners.”

Zhang Jun: “Haha… Brother, don’t joke. Those are all shareholders of our group. That tall guy is my brother-in-law Li Baoqing, and the one next to him is my sister Zhang Juan. You are a ride-hailing driver, how could you be their friend?”

Yang Chen: “Hehe… There’s nothing I can do if you don’t believe me.”

Zhang Jun smiled and got up and walked away.

After a while, he came to Li Baoqing and his wife.

“Brother-in-law, sister, congratulations! I hope Baoqing Restaurant can hold anniversary celebrations forever!” Zhang Jun said.

Although Zhang Jun makes small moves to make money every day, he is particularly good at dealing with people and takes care of everything, so nothing has happened.

Plus, with his sister’s protection, Li Baoqing turns a blind eye.

Anyway, this couple doesn’t plan to do it for a long time, just like the couple of a hot pot brand xx Lao [referring to a specific brand known for cashing out], they will cash out and leave after the company is listed.

Therefore, it is not bad to let their own people quietly get some benefits, and the fat water does not flow to outsiders [idiom meaning keeping benefits within the family/group].

Zhang Juan whispered: “You have to thank your brother-in-law. In order to protect you, he introduced four institutions to invest and weakened the equity of the second shareholder. In this way, the second shareholder has no right to speak. However, you have to restrain yourself in the future and there must be no problems.”

Zhang Jun: “Hehe… I know. Thank you brother-in-law and sister.”

Li Baoqing: “Okay, just don’t cause me any trouble before the company is listed.”

Zhang Jun: “Don’t worry, brother-in-law, I know what’s going on. By the way, let me tell you something fun. I know a ride-hailing driver who said that he is a partner with you shareholders, it’s really funny.”

Zhang Juan: “There are many scammers now, be careful and don’t be fooled.”

Zhang Jun: “I’m not a three-year-old child, how could I be fooled by a ride-hailing driver.”

Li Baoqing: “Okay. Then how do you know the second shareholder?”

Zhang Jun: “Ah? Who is the second shareholder? I don’t know!”

Li Baoqing pointed to Yang Chen and said, “Weren’t you chatting with him just now?”

Zhang Jun was shocked and said, “What? He is the second shareholder? The ride-hailing driver I’m talking about is him!”

Li Baoqing and Zhang Juan were also shocked. How could the second shareholder be a ride-hailing driver?

Zhang Jun’s face changed drastically and said, “It’s over! It’s over, it’s over…”

Zhang Juan: “What’s wrong? He… his brother bought grouper and Boston lobster from me!”

Li Baoqing: “What?”

The three of them were scared at the same time.

Isn’t this over?

They still want to dilute Yang Chen’s equity, but Zhang Jun has a handle in Yang Chen’s hands, what should we do?

Li Baoqing decisively said: “Xiao Jun, go and tell him that your sister and I want to talk to him, and take him to the lounge.”

Zhang Jun nodded and hurried to find Yang Chen.

“What… what do you want to do? Pretending to be a ride-hailing driver and tricking me into selling fish to you, are you deliberately trying to mess with me?” Zhang Jun asked angrily.

Yang Chen: “I am indeed a ride-hailing driver. It is true that I tricked you into selling fish, otherwise I wouldn’t be able to get the evidence.”

Zhang Jun: “Why… why did you do this? What good is it for you? Can’t you just wait honestly to cash out after the listing?”

Yang Chen: “No need to explain to you.”

Zhang Jun: “My brother-in-law and my sister are waiting for you in the lounge, they want to talk to you.”

Yang Chen got up and followed Zhang Jun to the lounge.

Li Baoqing questioned: “What do you want to do?”

Yang Chen: “Didn’t I tell you? I can not interfere with the company’s management and operation, but I will not allow others to infringe on my dividend rights. This is my bottom line as the second shareholder. I told you in advance, but you didn’t care and let him continue to switch wild things and sell them at low prices. Even so, I still want to discuss with you how to deal with this matter. But you turned around and wanted to dilute my equity, forcing me to retreat! Okay, since there is no way to retreat, then I will not retreat, I can only show my cards to you! Zhang Juan sells the equity in her hand to me at half price, otherwise I will call the police and let Zhang Jun go to jail! Two houses in Haicheng, at least more than 10 million [yuan, Chinese currency]. And his accomplices outside also have to share the money, this account is enough to make him life imprisonment or death. There is only this one solution, you can figure it out.”

Zhang Jun’s legs instantly weakened and he fell directly on the sofa behind him.

Li Baoqing: “You dare to threaten me? Do you know how I, Li Baoqing, made my fortune, huh?”

Yang Chen: “I know, making a fortune by illegal means, fighting and collecting protection fees. What, do you think it’s glorious?”

Li Baoqing: “I tell you, I just don’t do the things I used to do now, but it doesn’t mean I don’t dare to do it or won’t do it. You better figure out what I mean by this!”

At this moment, someone knocked on the door outside, saying that the representatives of the four investment institutions had arrived.

Li Baoqing called a few people in and ordered: “Take his phone and watch him, don’t let him leave this room. After the celebration is over, I will come over and meet him!”

The lackeys quickly stepped forward to search Yang Chen’s body and took his phone away.

Then Yang Chen certainly couldn’t let him take it away, so the two sides fought.

Originally, Yang Chen was more than enough to deal with these lackeys, but he didn’t expect Li Baoqing, this coward, to sneak attack and throw an ashtray from a distance, hitting Yang Chen on the back of the head.

Yang Chen instinctively covered his head, giving those people a chance to take advantage of him.

They swarmed up and piled on top of Yang Chen like arhats [Buddhist disciples].

“Be honest, I’ll talk to you properly after the celebration is over. Watch him, if he leaves this room half a step, I’ll kill you!” Li Baoqing said.

Yang Chen was furious, now it’s not just a simple equity dispute.

“Li Baoqing, I’ll arrange three paths for you this time! First, lose all your wealth and wander the streets. Second, you and your wife will be sentenced to life imprisonment! I’ll see how you choose!” Yang Chen roared.

In fact, there is a third way, which is to let their whole family die.

The overseas mercenary branch of the Aegis Security Group can take this task, and it can definitely be done as an accidental accident that causes their whole family to die.

However, Yang Chen after all lives under the red flag [reference to living in China], does not have so much anger and ferocity, and does not know much about the nature of the overseas mercenary branch of the Aegis Security Group, and does not have the idea of killing people for the time being.

But, still that sentence, he has a sword but does not use it, and having no sword in hand is not the same thing.

Li Baoqing didn’t care and said: “Don’t scare me! Brother has experienced much more exciting things than this before. When I have time, brother will tell you about the past and let you broaden your horizons. Haha… idiot, still want to scare me. Watch him!”

After speaking, Li Baoqing and his wife returned to the celebration site with a pale-faced Zhang Jun.

The representatives of the four institutions preparing to invest in Baoqing Restaurant came over.

Zhang Wu, the president of Tianmu Investment, brought his son Zhang Long.

Xue Yinong, chairman of Minghuang Investment.

Huang Wenkang, head of the asset management division of Peninsula Group.

Liang Xiuyun, president of Shengjin Investment Haicheng Branch.

These four institutions are investing in Baoqing Restaurant for Yang Chen’s sake, but Li Baoqing doesn’t know the truth and thinks they are really optimistic about the future prospects of Baoqing Restaurant before they want to invest.

Li Baoqing and his wife were very happy to welcome the representatives of the four institutions with the shareholders.

After some greetings, Xue Yinong said: “Why don’t I see your second shareholder?”

The faces of Li Baoqing and his wife changed suddenly.

Li Baoqing: “Miss Xue knows our second shareholder?”

Xue Yinong: “I know him. It is because he invested in your Baoqing Restaurant that I chose to invest.”

Zhang Wu: “That’s right, I also want to invest in Baoqing Restaurant for Mr. Yang’s sake.”

Huang Wenkang: “We are the same. After all, Mr. Yang is the second shareholder of our group. We are all our own people. We are also optimistic that Baoqing Restaurant can be successfully listed, so we will invest.”

Liang Xiuyun: “Our Shengjin just opened a branch in Haicheng, and there are not many investment businesses. Last time, we just invested in Mr. Yang’s resort, and this time we also want to invest in Baoqing Restaurant that he is optimistic about. I was originally thinking of meeting Mr. Yang tonight, why didn’t I see him?”

It’s over, it’s over, it’s over!

This is a mess!

Li Baoqing and Zhang Juan’s faces were pale, and their backs were constantly sweating.

However, this is just an appetizer.

At this time, Zhang Xiang arrived.

Li Baoqing wiped his sweat and said, “Why is Lawyer Zhang here? We didn’t invite you.”

Zhang Xiang said with a smile: “You didn’t invite me, Mr. Yang invited me. Where is Mr. Yang? Why don’t I see him? You shouldn’t have imprisoned him, right? As a professional lawyer, I want to remind you that restricting other people’s personal freedom is a criminal act.”

Li Baoqing’s face changed again, and the corners of his mouth were trembling.

However, this is still not over.

At this time, Qiu Yuhong arrived.

“Haha… Baoqing, congratulations, congratulations!” Qiu Yuhong said with a smile.

Seeing his former big brother, Li Baoqing quickly greeted him and bowed.

“Brother Hong, thank you for coming to our Baoqing Restaurant’s 20th anniversary celebration. I am really happy that you can come, brother.” Li Baoqing said with a smile.

Qiu Yuhong said with a smile: “Originally, I really didn’t have time to come. I’m going to the United States, and there are some things waiting for me to deal with. However, Mr. Yang said that he is the second shareholder of Baoqing Restaurant and invited me to come, so I definitely have to come. Hey, why don’t I see Mr. Yang? Where is he?”

Ah?

Looking for Yang Chen again!

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