Chapter 168: Overseas high-level shock, Chanel president shocked! (1/2)

at Chanel's headquarters.

The executives of the company were shocked.

Because Chanel is the world's top luxury brand, the share of major shareholders has not changed for a long time.

If you want to buy the shares of a major shareholder, you want to spend a huge price.

More than 10 billion in cash is not a small number.

Even if many big bosses in Huaxia have so much money, most people don't have so much cash in their hands.

Many fixed assets, share shares, and company valuations are not so easy to realize.

There are very few people who can afford so much money.

Moreover, the major shareholders of these luxury companies will not easily sell so many shares.

Every year, just lying down and making a profit is a sky-high figure, and there is an endless amount of money to spend in a lifetime.

But today, the company's second-largest shareholder at the top announced his retirement.

And his shares were transferred to a young man from China, Lin Fan.

Everyone in the company was speculating about Lin Fan's background.

But no one could guess.

A person who can get so many shares, Lin Fan will never be a simple person.

From now on, Lin Fan will also be the top executive of Chanel headquarters.

The second largest shareholder is the big boss next to the first largest shareholder.

”Everyone, no matter how much, from now on, Lin Fan will be the second largest shareholder of Chanel. He has the power to hold a board of directors in the company. Lin Fan also has a lot of decision-making power in the company.”

”In the future, everyone in the company must respect Lin Fan very much. Lin Fan will be the second largest shareholder of our company in the future. Everyone must do this.”

”Furthermore, everyone must keep Lin Fan's identity secret, and all employees must sign a nondisclosure agreement and cannot disclose it.”

”If Lin Fan comes to branches in various parts of the world, he must receive them with the highest etiquette and scale. At the same time, especially the branch in Huaxia Magic Capital, he must pay special attention.” The president of Chanel said.

All the members of the company's board of directors nodded.

Although 10% of the shares are not many, in a company, it is already equivalent to one-tenth of the market value of Chanel.

Such shares are already terrifyingly high.

Lin Fan even had a lot of decision-making power in some meetings.

Of course, other shareholders of the company can also oppose Lin Fan, but Lin Fan has so many shares, and he has a veto right when the company makes any decision in the future!

Chanel's company is special. Unlike domestic joint-stock companies, domestic joint-stock companies need to hold 33.4% of the shares to have a veto.

But it's not the same at Chanel.

Lin Fan was the absolute top of the board of directors, and the general board of directors would not come out and reject Lin Fan.