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Chapter 118: Matters Regarding the New Contract

~7 min read 1,323 words

Just as the conflict was about to escalate, Feng Yuanyuan intervened in time and politely invited Hua Yan into the banquet hall.

After Hua Yan left, Feng Yuanyuan mocked Li Lin, reminding her that she should be more enthusiastic toward potential partners, otherwise she would be unable to fulfill the duties of Executive President.

Li Lin self-reproachfully offered to resign, but this only drew more criticism from Feng Yuanyuan, pointing out that her position was due to the requirements of the investors rather than personal ability.

Faced with such humiliation, Li Lin burst into tears, but no one around comforted her, because everyone knew this was a lesson she had to experience on her path of growth.

At this time, Zhang Yuru reminded everyone to go on stage to start the ceremony, and as she stepped into the venue first, warm applause erupted inside.

Lin Yu's gaze lingered on Feng Yuanyuan, feeling a faint sense of unease in his heart, as if something bad was about to happen.

When Feng Yuanyuan took the stage as the banquet host and said something confusing, this feeling became even stronger.

"Today, the Zhang Group welcomes three happy events. On behalf of the Zhang Group, I welcome all guests and management to attend today's grand event," she announced.

As soon as the words fell, Zhang Yuru frowned and looked at Feng Yuanyuan in surprise, clearly also confused by this sudden "triple happiness."

Everyone present had confusion written all over their faces, not understanding where the so-called "triple happiness" came from.

Feng Yuanyuan noticed the change in everyone's expressions and continued to say with a smile: "The first happy event is that our Zhang Clan has officially started cooperation with Hanfang Pharmaceutical.

The first project will be the real estate development of the Shenmiao Pedestrian Street. The project is led by the Huacheng City Lord Mansion, with a total investment of over 5 billion."

This news immediately won applause from the whole room, and everyone was shocked by this massive investment plan.

However, what was even more shocking was the next piece of news.

"The second happy event is that we have successfully acquired 51% of the equity of the Saint Knight Private Hospital through a share swap, becoming its absolute controlling party, and promising to invest 1 billion in the Europa Eternal Sanctuary within the next three years."

Applause erupted again, but soon subsided, and everyone was eager to know what the third happy event was.

Feng Yuanyuan revealed a confident smile, but secretly rejoiced in her heart that if it weren't for Zhang Yuru appointing her as Chief Financial Officer yesterday, today's "triple happiness" would not have been possible.

However, for whom were these happy events truly worth celebrating? She put away her smile and announced solemnly:

"The last happy event is that Longsi Capital, under the Huacheng Long family, has officially settled into the Zhang Group, acquiring 34% of the shares and becoming the new controlling shareholder."

The entire venue went silent instantly, and everyone was too shocked to speak. No one applauded, because no one expected the Long family to choose to seize control of the Zhang Group at this time.

Zhang Yuru was even more stunned, looking at all this in disbelief, because she knew clearly that according to the previous share distribution, it was impossible for the Long family to obtain so many shares.

Even counting all possible avenues, it was impossible for the Long family to get 34% of the shares.

Zhang Yuru had taken measures to prevent hostile takeovers when she founded the Zhang Group, dispersing most of the shares.

And now, Long Zijun, wearing gold-rimmed glasses, walked onto the stage to prepare to speak.

On the side of the stage, Long Zijun's nephew, Long Jianfei, stood beside Lin Yu.

On stage, Long Zijun was delivering a speech, telling how Longsi Capital had successfully acquired the Zhang Group.

Seeing Lin Yu, Long Jianfei said respectfully: "Congratulations, Master, your great revenge has finally been avenged."

Hearing this, Lin Yu frowned, looked at the panicked Zhang Yuru on stage, and asked: "What do you mean by that?"

Long Jianfei smiled flatteringly and explained: "Today, Zhang Yuru will officially step down as President and Chairman of the Board of the Zhang Group, and from now on will have no relationship with the Zhang Group." However, Lin Yu interrupted him, asking why he was being congratulated.

Just as Long Jianfei was preparing to explain further, he noticed Lin Yu's serious expression and was momentarily speechless.

At this time, Long Zijun on stage announced an important decision: "I am honored to become the new Chairman of the Board of the Zhang Group, and in order to recognize the contribution of Ms. Feng Yuanyuan, she will serve as the new President of the Group."

For Feng Yuanyuan, this position was something she had dreamed of for many years.

After following Zhang Yuru for many years, she finally realized her wish to control the Zhang Group.

Next, Long Zijun turned to Li Lin, nodded with a smile and indicated: "Executive President Li Lin will continue to serve in her original position; I hope you can continue to contribute to the Zhang Group."

When mentioning Zhang Yuru, a flash of regret crossed Long Zijun's face, and he said severely:

"Due to reports, Zhang Yuru, as the founder of the Group, is suspected of embezzling company assets and concealing taxes payable, causing serious losses to the company. Therefore, the board of directors has decided to remove her from all positions and hand her over to judicial authorities for processing."

As soon as the words fell, Yang Yuhua appeared beside Lin Yu and Long Jianfei with security officers, and they quickly handcuffed Zhang Yuru.

Faced with the sudden arrest warrant, Zhang Yuru felt incomparable shock; she had always been law-abiding and completely did not understand why such a thing would happen.

She desperately sought help from Feng Yuanyuan, but the latter turned a blind eye.

When Yang Yuhua and others escorted Zhang Yuru off the stage, Lin Yu blocked their path with an expressionless face.

"Xiao Yu, move aside." He remained unmoved, just watching Zhang Yuru quietly.

Lin Yu knew deeply that Zhang Yuru was a simple woman easily used by others, and the real mastermind was standing on the stage at this moment.

Realizing this, Zhang Yuru let out a heart-wrenching scream at Lin Yu.

It was you who colluded with the Long family to let the Zhang Group change owners; the person behind this must be you! Except for Yuanyuan knowing about my affairs, only you knew. Yuanyuan would never betray me, so the person who sold me out could only be you...

Zhang Yuru rushed toward Lin Yu as if she had gone crazy, her handcuffed hands grabbing at him regardless of everything.

This time, Lin Yu did not dodge; his shirt was torn by Zhang Yuru, and several deep scratches were left on his chest.

However, Lin Yu just looked at her with a complex expression and said faintly: "Silly woman."

Subsequently, he moved aside and casually tidied his shirt to cover the scratches.

Even though Zhang Yuru was taken far away, one could still hear her heart-wrenching voice screaming: "Lin Yu, I hate you."

But at this time, Lin Yu had already walked to the side and silently dialed Wang Suya's number.

After the call connected, Lin Yu said directly: "The matter is urgent; Zhang Yuru has been arrested; find a way to bail her out."

Wang Suya was shocked after hearing this, because she did not yet understand the recent events of the Zhang Group.

She was handling the new contract matters with Hanfang Pharmaceutical at the Legal Department on the 16th floor of the headquarters.

At first, Wang Suya thought this was a joke and teased: "Are you joking?" But Lin Yu answered seriously: "When have I ever joked?" ===== CHAPTER 119 =====

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End of Chapter

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