I Am A Prodigy Chapter 364
Advertisement
"Then we'll consider it 1.5 million!"
Ye Lingchen stopped in his tracks and considered for a moment before looking at Ouyang Qing. "How much shares are you confident in purchasing?"
"These people are already on edge. I'm confident in purchasing over 30 percent!" Ouyang Qing claimed, "Together with the 30 percent we're passing over to you, you'll have 60 percent of the shares."
60 percent of the company's shares would ensure Ye Lingchen's position as the major shareholder, giving him the right to decide on Wanrong Automobile Group's fate.
Ouyang Qing was unresigned, but there was nothing she could do. Compared to that, Wanrong Group's downfall was a fate she hated more.
"Mr. Ye Lingchen, I hope that you'll treat Wanrong Group well." Ouyang Qing stated while looking at Ye Lingchen.
"Hehe, relax. Once Wanrong Automobile Group becomes my company, it'll naturally be different from before." Ye Lingchen laughed. His tone was filled with confidence. "By then, autonomous vehicle technology would only be the beginning."
He already had plans to form a technological company. Wanrong Group's foundations were sturdy. Given such a chance, he would be stupid not to purchase it.
"Try your best to buy over all the shares from the other shareholders!" Ye Lingchen's eyes glowed as he looked at Ouyang Qing. "When you go back, do as I tell you to…"
It was Sunday, a very ordinary weekend. However, news regarding Wanrong Automobile Group was still all over the place. At that moment, all sorts of negative news came one after another. Within those two short days, Wanrong Automobile Group suffered an estimated loss of over 100 million!
Naturally, the 100 million was not actual assets, but instead a sum of their reputation, canceled contracts, and other legal fees added together.
All in all, Wanrong Automobile Group's losses could only be described as disastrous. For a megacorporation, they immediately sunk to a third-rate company, with the dangers of dissolution hovering over them.
Advertisement
However, even under such circumstances, an unbelievable piece of information that almost triggered the entire internet was leaked.
On Y Cosmetics' Weibo, they would occasionally educate people with some handy makeup tricks, and their monthly lucky draw was also carried out on Weibo, leading to a massive following, thus making them a VIP on Weibo.
On that day, a lot of people habitually turned on Weibo, hoping to see Y Cosmetics' updates. However, they were stunned after they logged onto Weibo, thinking that they had clicked on the wrong Weibo account. Leaving the page and entering again, they were stunned once more.
'What's the matter? Y Cosmetics' Weibo announcement had a bug?'
The comments underneath it exploded with activity.
[F*ck! WTF! Y Cosmetics is planning to acquire Wanrong Automobile Group?!]
[Wait a minute! Let me sort this out. Y Cosmetics is a cosmetic store, right? Wanrong Automobile Group is in the automotive industry, right? How can an acquisition happen?!]
[Previous post you dumb*ss! If you have money, you can even buy over Mars.]
[This plot twist is beyond my expectations. My brain is feeling numb. What's going on?]
[Us drama watchers don't understand at all. I rate this move zero points.]
[Leaving aside the acquisition across a different industry, why are they purchasing a company that's going under soon? Does Y Cosmetics have too much money?]
[Awesome! Seems to me like a rat just swallowed an elephant. This is just too amazing…]
…
Apart from those watching the drama, even other industries were stunned. A cosmetic store acquiring an automobile company. Not only was it unheard of, it was also unimaginable. That was definitely the weirdest thing that they had seen in this world.
Wanrong Automobile Group was already at the forefront of news reporting. With this piece of news, it gained even more popularity. During that time, news of it was everywhere!
Many reporters rushed to Wanrong Automobile Group's headquarters to confirm the validity of this news. Some of them even went to Y Cosmetics for confirmation.
Advertisement
Y Cosmetics' storefront was surrounded by people. Various reporters were boxing them in.
Zhang Yunxi looked helplessly at the situation, laughing bitterly in her heart.
When she heard from Ye Lingchen about his plan to acquire Wanrong Automobile Group, her reaction was similarly livid. However, she still had to listen to Ye Lingchen's instructions. She already had a speech prepared.
"Miss Zhang Yunxi, is it true that your Y Cosmetics is planning to acquire Wanrong Automobile Group?"
"Absolutely! We've already achieved an understanding with the chairman of Wanrong Automobile Group!"
"Can I know what approach you'll be using to carry out the acquisition? Is it through funding or some other methods?"
"That's our trade secret. I can't divulge."
"Wanrong Automobile group is facing bankruptcy. What gives you the confidence to acquire it?"
"Wanrong Automobile Group has always been a symbol of our Chinese cars! I do not wish to have our country's symbol fall just like that. Furthermore, although their autonomous vehicle technology was a failure, failure paves the path to success. The automotive technology they possess is still leading the rest of the world! I do not wish for its technology to be lost just like that as that would be a loss for our country!"
That reply immediately received the cheers of many from the crowd. Its reputation started to show signs of being cleared.
"How do you plan to grow Wanrong Automobile Group in the future?"
"In the future, Wanrong Automobile Group will be renamed as Wanrong Technology. It will be a subsidiary of Y Group. Our Y Cosmetics is similarly a subsidiary of Y Group."
Y Group. That was the first time the term appeared in public. Many felt that this group was ambitious. If it could acquire an automotive company, would it continue to acquire other companies across various industries?
"Can we know who's the big boss behind Y Group? Is he related to the other Ys all over the internet?"
"I have no comments!"
…
At the same time, Wanrong Automobile Group was similarly faced with a horde of reporters. However, they were all blocked outside the building. On the notice board outside the building, it had already confirmed the validity of Wanrong Automobile Group's acquisition by Y Cosmetics.
Within the conference room, all the shareholders were seated together with their steeled expression.
"Chairman Xu, it's only been one night. How did it turn out this way? Is it for real?" One of the shareholders could not hold back any longer.
Chairman Xu was calm and casually answered, "I've taken 18 percent out of 30 percent of my own shares, while Chairman Ouyang took out 12 percent from his 21 percent of shares. In total, we pass 30 percent of our shares to Y Cosmetics. That is to say, Y Cosmetics is now the biggest shareholder, making them the major shareholder of our company."
His words agitated the other shareholders. They stood up one after another with a mixed expression of anger and sorrow showing on their faces.
"You're letting a cosmetic store acquire our company? You're just shoving our company into a fire pit! This is the end!"
"Chairman Xu, everyone here can see the situation our company is in. You're being selfish here! You sold your shares for money. What about the rest of us?"
"That's right! I told you yesterday that I want to sell my shares, but you kept quiet about it. Now you're using such underhanded tactics! I don't care, you must take over my shares!"
"A cosmetics store managed to be the major shareholder of our automotive company. This is a joke! Chairman Xu, I'm selling my shares! According to our company's market value, I'm cashing out the three percent of my shares for 100 million!"
…
Advertisement
- In Serial29 Chapters
The Planetfall Generation
A colony ship is sailing through space to an unexplored planet. Shocking data sent through by a few lucky probes launched this quest to the far side of the galaxy. In these images, gargantuan beasts, breathtaking vistas and unbelievable flora crafted by an unknown energy filled the land. The fauna and flora had the magical ability to bend the laws we humans so believed in. The discovery which took it from dream to action was the conjecture from scientists, that humans could also gain these powers. Thus began a new era; After Eden. --------------------------------------------One chapter or more per day. Extra Chapters all week 14.8-19.8 Please enjoy. Vlue
8 132 - In Serial19 Chapters
Bite Mark
[Participant in the Royal Road Writathon 2021] Twins Mark and Henry have just finished their training for the Neighbourhood Ancillary Stakers Corp., a voluntary organisation set up to fight against blood sucking vampuras (VAMPIRES!). In a world where vampuras pray on the vulnerable and the stupid at night, looking for their next feast of blood, The Neighbourhood Ancillary Stakers Corp aka Nasscies or Dusters, fight to protect their North Eastern English market town of Tarmsworth St Jude and it's major trauma hospital and blood bank hub from what is a widespread global problem. As they apply their training to reality and gain confidence in taking on threats by themselves, the brothers soon find that they may have.... bitten off more than they can chew. This horredy is a silly and fun experimental series. There is GORE, VIOLENCE, DESCRIPTIONS THAT SOME MAY FIND UNPLEASANT AND UPSETTING and some TOILET HUMOUR. You've been warned!!
8 290 - In Serial12 Chapters
EX: Emblem
Since humans were first born onto this world, they have been marked with an emblem. This emblem would dedicate their fate. Those marked with the strength’s emblem would become great warriors, while those marked as the wisdom’s emblem were destined to become great mages. Whether what the emblem gives them, they would all differ in many ways; their strengths and weaknesses would differ even with the same ability. In a world where the emblem determines one's fate, Lynn, a 15-year old freshman, is one without these two. To be one out of a billion, will he be able to survive in this world? 500-2000 words per chapter. 1/2 years per update. Credits to the artist: https://thejingo1997.deviantart.com/ -Full permission to use
8 156 - In Serial10 Chapters
Huckleberry
Ward Stockton is a gamer obsessed with cheat codes and glitches in video games. One day he starts to encounter glitches in reality and sees if he can exploit them to his own benefit. This sends him on a dangerous journey of dark magick and darker secrets. Some games are best left unplayed.
8 181 - In Serial15 Chapters
A Tragedy for a Demon Lord
In a world created from the love of two goddesses exists endless possibilities. The children of the two goddesses were given the gift of mana, a tool that can weave miracles through thoughts. Yet, with unlimited possibilities, prosperity was the first that disappeared in the world.While there was no difference between the two faction except for the fact that they were born from different mothers, conflict eventually arose out of that single disparity. The children of light saw the foreboding darkness within the heart of their enemies, yet they, who were born in the light, did not realize that they had stepped into the darkness. Because of the desire to eliminate the proclaimed heretics, the world was plunged into chaos and war.Those born to lead the children of the darkness were originally kind hearted souls. Their sole desire was to live in order to worship their mother and goddess. When the thought of war arose, they were the first to reject it. Even though they were born from darkness, they understood how beautiful the light, and the gift of life they received, was. However, after losing everyone and everything, their heart were eventually plunged into darkness. Without anything to live for, without anything to hold them back, they allowed themselves to be consumed by hatred. Cursing the Goddess of Light for the death of their family, those born from the darkness turned away from the light. From the chaos, the demon lords were born, and the cycle of chaos began. Long into the future, where those gifted with the ability to manipulate mana existed in few numbers, a child, fated to be consumed by chaos, was born. The child, born on the horizon that separates darkness and light, was given the blessing of both the Goddess of Darkness and the Goddess of Light. Because he did not exist within either side of the horizon, he was alone. Kept hidden within the castle of his father, he saw little of the world. But, he was content with the life he was given. He had loved his mother and father far more than he loved the world. As long as they were beside him, he did not feel alone. But, when the fated day arrived, his life was shattered. Broken and in despair, a child, born from the love of a demon lord and a human, sought for revenge- the sole reason he continues to live within a cold and merciless world that would never accept him.
8 180 - In Serial81 Chapters
My Husband Is The Emperor: I Woke Up With A Husband
Disclaimer:FOR OFFLINE PURPOSETHIS STORY IS NOT MINECREDIT GOES TO 𝘈𝘜𝘛𝘏𝘖𝘙 - 𝘮𝘢𝘵𝘢0𝘦𝘷𝘦................ "I' your husband" suddenly a man claims to be my husband.How did it happen?Before my coma , The man I loved betrayed me and choose my step-sister, xie huelin . I was accused of abusing drugs by xie huelin and My birth parents kicked me out of the family.My foster mother was the only person who believes in me, But on the day I went back to my foster mother house, the house was burned and she fell into coma.The one who caused it was my step-sister, When I went to the hospital to meet my mother, I met an accident, that was also staged by her!I fell into coma and after a year I woke up, I met a handsome and he' known to be cold-hearted, ruthless and expressionless man who was known as the Emperor of the city. The CEO of Li cooperation , Li jun WeiAnd He claims to be my husband?!
8 109

