"The current chairman of Fei Peng Automobile, Zhao Feipeng, holds twenty percent of the company's shares but has sixty-four percent of the voting rights."
"Because his voting rights are so large, it leads to other shareholders having smaller voting rights. Li's eleven percent of shares only have 3.6 percent voting rights."
Chen Yiyang previously knew that Zhao Feipeng's shares carried significant voting rights.
However, he hadn't expected them to be this substantial.
Fei Peng Automobile can virtually be seen as Zhao Feipeng's one-man show.
Obviously, considering the previous internal conflicts at Fei Peng Automobile, Zhao Feipeng hasn't utilized these rights.
But one cannot deny that his rights exist.
Whenever he wishes, he can decide on any matter within Fei Peng Automobile.
