Mi Jia Xiao Wu

Chapter 163 Shareholders Meeting

Jiang Qixin and Cheng Xiuping exchanged glances, then looked at everyone present. Jiang Qixin said, "We are establishing a company this time, with a total of ten shareholders. I propose the name 'Shi Quan Shi Mei Myanmar Jade Specialty Co., Ltd.' What does everyone think?"

Guo Xuyang looked around and said, "I agree. Let's vote by show of hands. Those in favor, please raise your hands. Okay, unanimously approved. Welcome, everyone."

"I will report the current shareholding situation to everyone. Does anyone wish to increase their investment?"

Jiang Qixin: One billion.

Ilena: One billion.

Cheng Xiuping: One billion.

Wu Youzhi: One billion.

Xiao Yun: One billion.

Lu Liang: Two hundred million.

Su Ran: Two hundred million.

Pi Xiaoqian: Two hundred million.

Li Minxi: One hundred million.

Guo Xuyang: Four hundred and thirty million.

Total: Ten billion.

As soon as Guo Xuyang finished, Li Minxi asked, "Who is Xiao Yun?"

"Xiao Yun is a shareholder of our Zhenbao Pavilion and the Shanghai Sunrise Jade Gold and Silver Jewelry Store. Before establishing the Shi Quan Shi Mei Myanmar Jade Specialty Co., Ltd., we specifically sought her opinion, so she also invested one billion."

"Can I increase my investment?" Li Minxi asked.

"Yes, how much do you wish to invest?"

"Don't you have four hundred and thirty million? Just round it down for me. I'll invest four hundred million."

"Alright. Does anyone else want to increase their investment? Once we finalize today, you won't be able to increase it casually."

Guo Xuyang surveyed the room. Seeing no one speak, he said, "Then Li Minxi will invest four hundred million, Guo Xuyang will invest four billion, and others remain unchanged. We've agreed on this. Let's vote by show of hands. Those in favor, please raise your hands. Okay, unanimously approved. Welcome, everyone."

"Since we are all investing shares, all the jade that is cut will be carved and sold by our existing jade specialty stores in Kyoto, Shanghai, and the provincial capital.

Dividends will be distributed according to the investment ratio. All dividend funds will come from the proceeds of purchasing raw stones from Myanmar, cutting them, and selling them.

In case of any unexpected losses, each investor will bear their share according to their investment ratio.

Does anyone have any objections? If you have objections, please raise them now so we can discuss them together."

"How do we select the jade that is cut? What happens if we all want the same good piece of jade?" Pi Xiaoqian asked.

"President Jiang and I discussed this just now. It's blind cutting of raw stones.

Each time a store goes to the provincial capital to pick up goods, they will cut the stones on-site. You can choose one hundred raw stones, or fifty raw stones.

You select the raw stones, cut them on-site, and then pay based on the jade that is cut. The amount you pay will be the source of our dividend funds.

However, you must take all the jade that is cut, regardless of whether it is a top-quality piece. To put it bluntly, it's leaving it to fate.

Of course, the raw stones you choose might not have any jade in them, but the chances of that are not very high."

"Is it like this for every store? Who will supervise this?" Pi Xiaoqian asked again.

"Yes. Whether you, President Wu, or the Shanghai specialty store picks up the goods, it will be treated equally.

Xiao Yun is always in the provincial capital, so she will supervise this matter.

If anyone does not trust this, you can also nominate someone you trust to supervise jointly.

However, I don't think anyone will cheat. Since we are all shareholders of the company, I believe everyone has that level of awareness."

"I agree with this plan," Pi Xiaoqian said.

"Does anyone else have any objections to the dividend plan and the jade sales plan? If not, we will proceed as agreed.

Let's vote by show of hands. Those in favor, please raise your hands. Okay, unanimously approved. Welcome, everyone," Guo Xuyang said.

"I also have a plan to renovate the villa by the artificial lake in the provincial capital to serve as our company headquarters.

This way, if anyone needs to go to the provincial capital, they will have a place to stay.

This was originally given to me by President Cheng. I want to use one unit for renovation. If everyone agrees, we will vote on it later."

"Since it's for the company, it should be handled by the company. We can't use your personal property," Jiang Qixin said.

"The company has enough money to buy a house."

"President Jiang, I haven't participated in a jade public auction before.

However, I checked online these past few days, and our ten billion is not much there at all.

All transactions there are conducted in Euros.

Our ten billion can only be exchanged for about 1.3 billion Euros.

And the highest price for a 'King of Jade' there has reached twenty billion Euros.

Our money is really not enough to make a splash. So, we should spend as frugally as possible.

When we get there, I'll see if I can buy some smaller rough stones in advance to warm up, and also to raise some funds for everyone."

"In that case, we absolutely cannot use your house. You can't contribute effort, money, and a house.

President Cheng, please state the price, and we will transfer the funds from the company account to Brother Guo," Jiang Qixin said.

"The villa isn't very expensive, let's say two million.

However, the overall renovation might cost another two million.

Because the renovation of the 'King's Villa' project cost nearly one hundred million," Cheng Xiuping said.

"Let's forget about that. I have the largest stake in the company and will benefit the most. It's only right for me to put in more effort," Guo Xuyang said.

"There's one last issue, and that's the company's legal representative. I will take on this responsibility without hesitation.

Please vote by show of hands. Those in favor, please raise your hands. Okay, unanimously approved. Welcome, everyone."

"Let me outline the next steps. President Cheng, you will return to the provincial capital tomorrow and expedite the company's registration procedures. The day after tomorrow, we will all meet and head to Myanmar.

Xiao Yun will stay in the provincial capital to guard our base camp. Ilena has special circumstances and will not accompany us to Myanmar.

So, those going to Myanmar will be President Cheng, President Wu, President Pi, Brother Liang, and myself.

President Jiang will not be joining our trip to Myanmar due to other commitments.

Everyone, please hand over your current tasks tomorrow. We will leave for Myanmar the day after tomorrow."

"Brother Guo, I won't be going either. I'll stay in the provincial capital to handle the company's registration.

At the same time, I'll finish up the work at the King's Villa and then mobilize resources to renovate the villa by the artificial lake.

If you need anything while in Myanmar, you can contact me directly. I'll handle our logistics," Cheng Xiuping said.

"That's fine too. Then, the four of us will represent our shareholders for the procurement. I will inform everyone of any news promptly."

"Can I go with you?" Li Minxi asked.

"Little girl, what are you going for?" Jiang Qixin asked.

"I haven't been to the public auction in Myanmar either, and I want to go and see," Li Minxi said.

"What about your work?" Guo Xuyang asked.

"It's fine. Ranran can watch things at home. I'm usually not needed to step in," Li Minxi said.

"Since you want to go, then go. It's okay to go and see. Does anyone else want to go? If not, we'll finalize it.

Everyone, please finish and hand over your tasks tomorrow. We will head to Myanmar the day after tomorrow."

Ilena moved her lips as if to say something, but ultimately did not.