Chapter 1857 - Lanxin Corporation Invests in the Wen Corporation
Chapter 1857: Lanxin Corporation Invests in the Wen Corporation
Si Yiyan looked at her covering her head, looking listless, and his eyes sparkled.
He then changed the topic. “Qian Jianhui is obviously revealing his ambitions for Wen Corporation since he dared to call for a shareholder’s meeting at such a time. He can’t achieve his goal with just eighteen percent of the shares that he holds, but he’s a cunning old man who definitely has more up his sleeves.”
Even with Wen Haowen’s three percent of shares, Qian Jianhui only held eighteen percent of the total shares.
Even with the support of the smaller shareholders, it was not enough to compete with the Wen Family.
“Li Corporation!”
Wen Xinya looked at Si Yiyan’s satisfied face and knew that the two of them were thinking of the exact same thing.
Si Yiyan half-smiled and squinted his eyes. “With his eighteen percent of shares and the support of both the smaller shareholders and Li Corporation, Qian Jianhui’s bargaining power is still a little weak. However, since your grandpa is still in the police station, Qian Jianhui will be able to take you down much more easily. I’m afraid that by the time your grandpa comes out from the police station, things would have already gone his way.”
Although Qian Jianhui did not hold more power than the Wen Family, Old Mr. Wen was still in the police station, so it would be easy to deal with just Xinya. Why would he let go of such a good opportunity?
Wen Xinya naturally thought of this as well and laughed. “Qian Jianhui is a calculative man, but I bet that he would never have expected that when Grandpa took back Wen Haowen’s twenty percent share, he transferred it to me secretly. On the record, I only hold ten percent of the shares, but I actually own thirty percent of the Wen Corporation’s shares.
“These shares are enough for me to suppress all of Wen Corporation’s shareholders. For Qian Jianhui to take over Wen Corporation, it may be quite easy due to the shares that he holds, but it will not be so easy to go against me.”
Although thirty percent of shares could not overcome the forty percent of shares that the shareholders had, Qian Jianhui would never be able to manipulate her like a soft dumpling.
Si Yiyan laughed. “What do you plan to do next?”
Wen Xinya could not simply sit around as Qian Jianhui had now joined forces with Li Corporation in an attempt to take over Wen Corporation. She also should not wait until the shareholder’s meeting for Qian Jianhui to embarrass her in front of everyone.
Wen Xinya flashed a sharp gaze with a cold expression. “The theatrics of the Wen Corporation can now come to an end. It’s time for Lanxin Corporation to shine.”
Lanxin Corporation was her real chip against Li Corporation.
In order to uproot Li Corporation and completely cut off the Korean-Chinese Alliance’s operations in the Capital city, she had always been going back and forth with Xia Ruya waiting for the correct moment to give her a fatal blow.
Today was the day.
***
Wen Corporation was embroiled in an internal crisis, and the shareholders could be in conflict at any moment. Once there were any disputes, the entire corporation would be caught in scheming situations, and the more observant employees could sense that there was something wrong.
At that moment, Lanxin Corporation bought over ten percent of Wen Corporation’s shares to become one of its shareholders.
This news was like a rock that evoked a huge wave and instantly broke through Wen Corporation’s overwhelmingly stale water, causing movement within the corporation.
Lanxin Corporation was one of the country’s conglomerates, and its rapid expansion left many other companies behind, amazing everyone.
Back then, the news of Lanxin Corporation resisting foreign capital to protect local brands propelled it to become one of the top corporations in the world. They achieved a historic victory and were still doing well until today.
Lanxin Corporation’s Bella was someone who had an even better reputation than Wen Xinya, and her followers could be lined up from Country Z to Java.
Their strong corporate power, coupled with the strength of the market, drove the corporation up high to become an internationally renowned company, and they had already become more powerful than the original T-K Corporation, secretly heading towards the top of the business world.
For Lanxin Corporation to purchase Wen Corporation stocks was like a sign to everyone, announcing that Wen Corporation was about to survive Li Corporation’s intense attacks and emerge victorious.
The media, internet and the public also shifted their attention to this, away from any negative news of Wen Corporation.
At that time, Xia Ruya looked at the newspaper she was holding and gritted her teeth. “Damn it, I never expected for Lanxin Corporation to spoil my plans at such a critical juncture.”
During Lanxin Corporation and T-K Corporation’s acquisition war, she already guessed that Wen Xinya and Lanxin Corporation had some ties, and suspected that Wen Xinya was controlling Lanxin Corporation from the back. Afterward, she had Mr. Z investigate Lanxin Corporation, but they did not get any leads.
Li Corporation’s attacks on Wen Corporation prevented Wen Corporation from making any moves, and its operations continuously shrunk. Their market share reduced, and Li Corporation kept forcing Wen Corporation back to the point where she had already become complacent and totally forgot about Lanxin Corporation.
Chu Jingnan was also surprised and paused for a moment before saying, “The ten percent that Lanxin Corporation holds now could be the shares that Wen Family had bought over from the shareholders that backed out.”
Usually, Chu Jingnan was a careful man. Knowing that Wen Xinya and Lanxin Corporation were related, he should have been able to guess that Lanxin Corporation would help Wen Corporation get past this crisis.
However, he totally neglected that fact.
The reason was that Chu Jingnan felt that everything in the business world was about profits, and given that Wen Corporation was embroiled in such a severe crisis and was facing problems both internally and from external sources, they were bound to fail. Even if Lanxin Corporation was willing to help them, they would not be able to save the entire Wen Corporation.
Therefore, he did not really care.
However, this time, he had miscalculated.
He could never have guessed that Wen Xinya was Lanxin Corporation’s actual boss.
Xia Ruya was angry, but not to the point where she became irrational. She laughed. “Lanxin Corporation’s sudden investment into Wen Corporation is causing me to be at a loss momentarily, but if Wen Xinya thinks that this can save Wen Corporation from its crisis, then she must be too naive. Soon, I will let her know how severe this crisis is and how badly her shares will dilute.”
She secretly bought Wen Corporation’s shares over so as to prevent Wen Family from using their holdings to change the situation.
Today, Wen Corporation’s shareholders were having ever greater conflicts, and some things like Qian Jianhui’s ambitions for Wen Corporation and Sun Yichen’s betrayal could not be changed.
She would be the ultimate winner in this war.
Chu Jingnan did not say much else, as he had already decided that Wen Corporation was bound to fail.