Chapter 70 A Beautiful Scolding
In the next few days, Xia Yanbing was in a bad mood, still unable to persuade those stubborn old men, her uncles.
Seeking breakthroughs through innovation, and development through these breakthroughs, is the way for every enterprise to survive. Otherwise, they can only stand still and be left behind by the times.
Unfortunately, despite Xia Yanbing’s eloquence, Xia Yujiang and his two brothers were just unwilling to budge.
This day, Xia Yanbing was nearly driven mad.
Her elder uncle, Xia Yuhai, secretly sold fifteen percent of his shares, and she only found out about it today.
The Xia Group was her grandfather’s legacy, a family enterprise, and now fifteen percent of the shares had fallen into the hands of the venture capitalist Shen Zhengwen.
Shen Zhengwen was representing Qin Yi, under the banner of a venture capital company from the start.
Xia Yanbing questioned Xia Yuhai whether he felt this was fair to their grandfather. In response, Xia Yujiang said that when the Xia Group almost went bankrupt due to Xia Yanbing’s mismanagement, he sold the shares. This statement left Xia Yanbing in tears.
Recently, the Xia Group had run into a cash flow problem, entirely because Xia Yanbing had no authority, being hindered by shareholders like Xia Yuhai, resulting in the failure to implement many correct decisions which caused the crisis. Yet, they blamed her.
Moreover, Xia Yuhu took advantage to stir up trouble, planning to remove Xia Yanbing from her position as general manager, intending to have his son Xia Wentao take over.