Chapter 54: People Only Realize Their Potential Under Pressure
Fang Hong not only readily agreed but even added, "Brother Hua Yu has joined Qunxing Capital, so let's make him the chairman and CEO."
If you want more security, then I'll give you another layer of protection. How about that?
After all, why turn down free labor?
Initially, Fang Hong had no intention of directly taking over Qunxing Capital himself—he preferred to act as the unseen mastermind. However, with Hua Yu stepping in, it was as if someone had handed him the perfect candidate right when he needed one.
Under the corporate structure designed by Fang Hong, his name never appeared in any official company documents—no board meetings, no executive lists. Yet, when it came to appointing or dismissing key positions like directors, chairmen, and CEOs, Fang Hong had the ultimate say.
Those who occupied these roles were entirely dependent on him. If they refused to comply, they would be replaced without hesitation.
In reality, Fang Hong was the highest authority within the company. He had the power to grant authority, revoke it at will, and manipulate the company's hierarchy without leaving a trace in Qunxing Capital's official records.
The Process of Appointing Hua Yu
For Hua Yu to take over as chairman and CEO of Qunxing Capital, a structured process had to be followed:
1. He first had to join "Zhenxing" as a limited partner (LP).
2. Then, a shareholder meeting would be held, where the two major shareholders of Qunxing Capital—Zhenxing (holding 25% equity) and Shenxing (holding 75% equity)—would decide on the appointment of directors, chairman, CEO, and other senior management positions.
Both Zhenxing and Shenxing were structured as limited partnerships, meaning there was a clear separation between capital investment and decision-making power.
LPs (Limited Partners): Investors who only enjoyed dividend rights regardless of their equity percentage.
GPs (General Partners): A small group (owning just 0.5% of shares) who held all decision-making authority.
Because of this setup, GPs had absolute control over corporate decisions, independent of how much equity they owned.
Once the shareholder meeting approved Hua Yu's appointment, he would officially take office. If necessary, the same process could be used to remove him just as easily.
Similarly, Huayang Group was investing 1 billion yuan in Qunxing Capital, obtaining a 5% stake. However, they wouldn't directly become Qunxing Capital's shareholders.
Instead, their stake was converted into LP shares in Shenxing—ensuring that Qunxing Capital remained strictly under the control of its two original shareholders:
Zhenxing (25% ownership)
Shenxing (75% ownership)
No third-party shareholders would be introduced.
A Sudden Promotion
When Fang Hong announced Hua Yu's appointment, both father and son were momentarily stunned. However, they were ultimately pleased with the outcome.
Still, Hua Yu couldn't help but ask, "Brother Fang, why are you doing this?"
Fang Hong simply laughed. "Young people should live the kind of life that young people deserve. Otherwise, life will be incomplete."
Hua Yongming, Hua Yu's father, smiled knowingly. This young man's approach was certainly unconventional.
Hua Yu, usually reserved, couldn't help but chuckle. "Brother Fang, if you want to stay low-key, I don't think that's possible. As you said, even if you want to keep a low profile, your strength simply won't allow it."
Fang Hong smirked. "That's exactly why we should cherish these last days of comfort."
Laughter filled the room.
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A Bold Demand
Twenty minutes later, Fang Hong left Huayang Villa with Hua Yu accompanying him. Instead of simply seeing him off, Hua Yu followed Fang Hong directly.
At the entrance, Hua Yu's chauffeur had a Maybach waiting. The two got in, and the car drove toward Xincheng University, clearly taking Fang Hong back to school.
As they settled into their seats, Fang Hong suddenly asked, "When will the funds be available at the earliest?"
Hua Yu considered for a moment before answering, "One billion yuan isn't a small amount. The fastest we can complete the process is by the end of next month."
Fang Hong immediately frowned. "That's too slow. I don't care what method you use—beg, borrow, or steal—but within one week, that one billion must be in the company's account. Not a single cent less. If you can't do it, then don't bother following me."
The driver nearly lost control of the steering wheel.
He stole a quick glance at the rearview mirror. Did I hear that right? Who is this guy? How dare he talk to Mr. Hua like that?
For a moment, he thought he was hallucinating. Surely, it was Mr. Hua giving orders, not the other way around.
Hua Yu was momentarily stunned. He hadn't even officially assumed the position yet, yet Fang Hong was already issuing directives. His background as a vice president of Huayang Group and the son of Hua Yongming seemed completely insignificant to Fang Hong.
After regaining his composure, Hua Yu hesitated. "Brother Fang… one billion yuan in just a week?"
Fang Hong turned to him, his gaze piercing. "Think carefully before you speak."
At that moment, Hua Yu felt an immense pressure—far greater than anything he had ever experienced, even from his father.
After a brief silence, he clenched his teeth and nodded. "No problem. I'll get it done within a week."
People Only Realize Their Potential Under Pressure
Fang Hong had three reasons for putting this pressure on Hua Yu:
1. Market Timing: The stock market had just hit rock bottom today. On the 9th of next month, the 4 trillion yuan stimulus package would be announced. The money had to be in place before then to capitalize on the final buying opportunity.
2. Testing Competence: If Hua Yu couldn't handle this, he wasn't fit to lead Qunxing Capital. While Fang Hong wouldn't discard him completely, he certainly wouldn't entrust him with such an important position. The task was difficult but not impossible—Hua Yu was still a Huayang Group vice president with significant resources. How he managed the funds was his problem.
3. Establishing Authority: This was a power play. Hua Yu needed to understand who the real boss was. If his superior's orders weren't absolute, then what was the point? Could such a person truly be trusted to lead Qunxing Capital?
Meanwhile, the chauffeur had only one thought racing through his mind:
Good lord!
Did Mr. Hua just get ordered around?
The driver immediately made up his mind—whoever this Mr. Fang was, he would treat him with the utmost respect. If even Mr. Hua had to comply, then as a mere driver, he had no business even breathing the wrong way around this man.
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(Author's Note: I'll be adding extra chapters to celebrate. Let's keep pushing forward!)
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End of Chapter 54