Chapter 425: Forcing Lu Xingzhou to Step Down? The Small Squad Assembles to Slap Faces
At this moment, at Lu Corporation’s board meeting.
The directors were arguing uproariously.
The old lady was sitting in the main seat, on the verge of an exploding headache from the noise.
"Now the shareholders are grumbling about young Master Lu, I think, why not have young Master Lu step down? That’ll calm the shareholders’ rage!"
"What do you mean? Young Master Lu step down? Then who will take over? Who can take on Lu Corporation’s enterprise at this time?"
"The tin mining deal was personally negotiated by young Master Lu in Thailand, right? Parna unilaterally tearing up the contract has led to our tin supply falling short. Wasn’t it just the futures market that had an issue last time, which is why we were looking for long-term stable supplier? Now look, a direct supply cut-off, severing our lifeline! For the European market, we signed a contract worth 100 billion yuan, and now with the supply cut, we face a tenfold compensation. Where would we find that kind of money?"
"And let’s not even talk about the tin supply cut. This Parna issue is dragging on, and a lawsuit is inevitable, sooner or later. We’ll have to fight legal battles with the European market too. That won’t be resolved in a year or two. The urgent issue now is the new energy vehicles in the Middle East, a massive wave of returns, which is not only damaging Lu Corporation’s new energy vehicle reputation but also causing stockpiling in the factory, and the continuous returns. These hundreds of billions in losses piling up in our hands will only snowball and get worse! In a few months, Lu Corporation could go bankrupt due to a broken capital chain!"
The veteran director analyzed the severity of the situation.
Hearing this, the other directors all lowered their heads, not knowing what to do.
"Having young Master Lu step down is currently the best way to save our public image!"