Chapter 1795 - Wen Corporation in Great Danger
Chapter 1795: Wen Corporation in Great Danger
News of Gu Yihan being arrested for drug use rocked the public. The press and online forums were in a frenzy. All sorts of negative headlines on Gu Yihan were being published endlessly, ranging from her dubious private life to her alleged piracy of others’ clothing designs.
Wen Xinya already knew that Xia Ruya and Chu Jingnan must have been responsible for stirring up this news from behind the scenes.
The goal was to take this opportunity to completely blacken Gu Yihan’s name. They wanted her to be utterly destroyed and have no means of ever returning to the scene. They wanted the Wen Corporation to lose her entirely.
All those headlines sounded overly dramatic and sensational.
But there were many people who believed in them.
After all, the three big vices of soliciting sex, gambling and drug use were all closely linked together.
This matter led Wen Corporation into great danger.
Old Mr. Wen’s assistant Sun Yichen hurried in with a stack of documents. “Sir, since Gu Yihan’s arrest for drug abuse was exposed, the Wen Corporation’s share price has fallen nearly 30%. It is still on a decline now.”
Sun Yichen had been specially selected and groomed to assist Old Mr. Wen after Secretary Cao was assigned to Wen Xinya. He was highly regarded by Old Mr. Wen and was also a member of the board.
He was in his forties, had a steadiness about him, and was very capable in his work. As Old Mr. Wen’s right-hand-man, he possessed an exceptional status within the Wen Corporation, not in any way inferior to Secretary Cao.
As Old Mr. Wen was getting advanced in years, he had become increasingly reliant on Sun Yichen. Even the charity fund that Old Mr. Wen had set up in Wen Xinya’s name was gradually being handed over to him. Sun Yichen also owned two percent of Wen Corporation’s shares.
After Secretary Cao, he was as good as Old Mr. Wen’s third set of hands.
Old Mr. Wen looked extremely grim. The wrinkles on his face looked even deeper. “How are things over at the Li Corporation?”
Old Mr. Wen had been extremely shocked over the news of Gu Yihan being arrested for drug abuse. He had known Gu Yihan for many years. She was someone whom he admired and had fond feelings for. As a result, he held her in high regard and trusted her a lot.
He never expected Gu Yihan to end up going down the wrong path. Old Mr. Wen’s heart was filled with disappointment and bitter pain.
Sun Yichen spoke up. “At this point, the Li Corporation’s share price has surged by more than 50%, and it’s still continuing to rise. Meanwhile, the Li Corporation’s market share is also expanding.”
The Li Corporation had obviously usurped the Wen Corporation’s position.
And in the meantime, the Wen Corporation was mired in Gu Yihan’s drug abuse scandal and had no choice but to passively watch as the Li Corporation stepped over its head.
Old Mr. Wen shut his eyes until the murkiness of his mind cleared. “Contact our lawyers. See if we can get Gu Yihan out on bail. The most pressing thing for us is to secure Gu Yihan’s release.”
No matter what happened, both he and the Wen Corporation would not so easily give up on Gu Yihan.
He didn’t care that Gu Yihan was now neck-deep in scandal.
Sun Yichen was not surprised by Old Mr. Wen’s words. He said, “In addition, there is a huge crowd of reporters below. They wanted to interview you regarding Gu Yihan’s drug abuse, but ended up in a scuffle with our security. The situation looks rather serious.”
Gu Yihan’s drug use charges was a massive blow toward the Wen Corporation. Even with Old Mr. Wen at the helm, the company had already descended into chaos.
Startled, Old Mr. Wen sat up straight. “Was anyone injured? What’s the matter with the security side? I already informed them to strengthen our security detail. Have they completely ignored my instructions?”
Gu Yihan’s arrest for drug abuse had come as a complete shock to him. He had no forewarning and only learned of it from the news reports.
And now, things were too late.
Gu Yihan was in police custody now. They would have to go through all the proper procedures to bail her out, or they would not be able to stand up to the close media scrutiny.
Meanwhile, Wen Corporation had also suffered a massive blow from the news reports and was in deep trouble now.
There was no way Old Mr. Wen would ever believe that no one was behind all these.
He had predicted there would be scores of reporters hovering around Wen Corporation and knew the importance of adequate security.
That was why he had made those prearrangements with security.
Who knew that his security would fail to control the situation. He was very disappointed.
Sun Yichen looked very grim. “Although no one has been injured yet, the conflict was quite intense and I am afraid the Wen Corporation will been dragged by the media into the mud.”
This scuffle was just one more disaster heaped onto another.
Old Mr. Wen looked extremely stern as his eyes glinted fiercely. “No matter what happens, make sure our security maintains control of the situation. We cannot have the added scandal of anyone getting hurt right now. In addition, have the public relations department make an appearance to smooth things over. Try not to get into any conflict with the reporters. Send some people to closely monitor the situation, in case anyone tries to take advantage of this to make things worse.”
Old Mr. Wen calmed down after his burst of fury. He methodically handed down his edict on how to handle this public relations nightmare.
Wen Corporation had been impacted by Gu Yihan’s arrest for drug use, and Rosy Lane would definitely take this opportunity stir things up even further, to drive the Wen Corporation straight into the rocks.
Sun Yichen nodded. “Chairman, Rosy Lane’s public relations just emailed the Wen Corporation requesting Gu Yihan and the company to make a public apology regarding the pirating of Lu Bingxin’s designs.”
The exposure of Gu Yihan’s drug abuse had cast doubts on her character.
Now, it seemed like everyone believed in Lu Bingxin and Rosy Lane’s allegations that Gu Yihan had pirated Lu Bingxin’s designs.
Old Mr. Wen smirked. “Go and tell Rosy Lane that we will see them in court.”
Apology?
That was entirely impossible.
Old Mr. Wen had gone through life with an arrogant swagger. There was no way he would allow Rosy Lane to wrap him around their little finger. His words were also a warning. If Rosy Lane and Lu Bingxin dared to continue fanning the flames of this incident, he had no qualms bringing this matter to court.
The Wen Corporation was not afraid of going to court over this matter. At most, their reputation might take a hit. Anyway, no matter what happened, things couldn’t get worse for them now.
However, would Rosy Lane and Lu Bingxin dare to meet them in court?
Of course they wouldn’t. It was too much of a sacrifice just to deal the Wen Corporation a blow. They didn’t have the means to absorb the impact. Anyway, both parties knew that the piracy allegations were just a dirty tactic and completely baseless.
Would Rosy Lane be able to stand up to the scrutiny of the law?