Extreme Almightiest Young Master

Chapter 257 My Company Ah...

At the same time, the professional legal and secretarial teams of Shen Corporation appeared in front of Zhenqiang Company’s office building, taking over all of Zhenqiang Company’s assets. Following Shen Tian’s instructions, they thoroughly searched the office of Zhenqiang Company’s Chairman, eventually finding all treaties signed by Zhenqiang Company in Lin Family Village, Zhongzhou City. Upon reviewing the specific contents of these treaties, everyone laughed because they covered just about every aspect of the Dongling Mountain area, basically earmarking this piece of land for the company. Moreover, the local government was set to make the largest concessions for corporate development, a benefit that seemed far too substantial!

Among these documents, they found the contract signed with Wanlilai Company. The lawyers laughed even harder when they saw it, for the legal representative’s field only had the character "Wang" and a phone number listed, clearly not meeting the contract law’s requirements and thus rendering it an invalid contract. The secretaries quickly read through the contract and laughed as well—the Chairman’s favored tourism project was signed at a very low price, with a penalty fee of only three million. This meant that with a mere compensation of three million in penalties, Wanlilai Company would have no association with the project whatsoever.

Thinking of this, the leaders of the legal and secretarial teams consulted the Chairman on how to handle the matter. Since the Chairman had personally initiated it, now that the contract had been found, they had to ask him for instructions on the next steps.

"Chairman, we’ve found the contract you were looking for, what do you think we should do with it?" Liu Wenzhong, wearing gold-rimmed glasses and exuding a composed and efficient air, dialed the phone to seek guidance from Shen Tian promptly.

"What is said about the breach of contract?" Shen Tian, pleased to hear that the contract had been found, asked immediately about the breach clause.

"It’s somewhat amusing to say, but I don’t know what issue Zhenqiang Company had with Wanlilai Company; the penalty fee is only three million, which is practically nonexistent compared to the value of the tourism development project." Liu Wenzhong, looking at the contract in hand, found it extremely amusing. Such a contract could only have been signed with some off-the-record conditions; otherwise, there was no way such a lucrative tourism development project would be sold for a song.

"Then it’s simple. Pay them the penalty fee, tell them we’re taking back the project, and you handle the specifics," Shen Tian, happy with the outcome, said, ending the call and leaving the local team to negotiate the details.

"Hello, am I speaking to Mr. Wang, the legal representative of Wanlilai Company?" Liu Wenzhong directly called the number listed on the contract, which presumably belonged to the legal representative in question.

"Who are you, and how did you get my number?" Young Master Wang was taken aback by the unfamiliar number. Few people knew this number, so who could it be? The voice was unrecognizable, but the caller had identified themself as the legal representative of Wanlilai Company and seemed to know his background. What was going on?

"Hello, I am the Secretary General of the secretarial team for the Chairman of Shen Corporation, calling to inform you of some news. Zhenqiang Company has been fully acquired by our group and has been renamed to Shen Corporation’s Tourism Development Group. The contract previously signed with your company is now being unilaterally terminated by ours. We ask for your cooperation with our proceedings."

Young Master Wang heard the narration about Zhenqiang Company and the contract issues and knew it pertained to Zhenqiang Company. Hearing more, he found it to be utterly preposterous. Zhenqiang Company was, after all, a medium-sized enterprise on the stock market; it could not have possibly been acquired so easily, and even more outrageous was the suggestion that it happened without a whisper of news. Such an occurrence was simply not feasible!

Therefore, what this person was saying must be a lie, probably some joke by Hu Zhenqiang, who had found someone to make this call. Hu Zhenqiang was rather bold, daring to play such a prank on Young Master Wang. Was he not afraid of anything? Didn’t he know who Young Master Wang was and the consequences of such an act? It seemed Hu Zhenqiang truly had a death wish!

"I apologize, but this is no joke. The person you mentioned, Hu Zhenqiang, is the former chairman. The current chairman is Shen Tian of Shen Corporation. I am merely performing my duty by notifying you of these changes. Shortly, we will transfer the breach of contract fee to Wanlilai Company’s account, and thereafter, our company will terminate all cooperative projects with yours. Thank you for your cooperation." Liu Wenzhong explained and hung up the phone, knowing from experience that further explanation was futile; it was better to let them digest the information on their own.

"Hello? Hello?" Hearing the busy tone on the line, Young Master Wang was truly infuriated. He smashed his phone straight away and, still not satisfied, grabbed a cup from the table and threw it against the wall, shattering it. He had never been treated like this, with someone daring to hang up on him. It was as if they no longer valued their life!

But what did that person mean, saying that Zhenqiang Company had been acquired by Shen Corporation overnight? How could things change so drastically without any inkling? This situation warranted investigation; he had to see for himself if it was true that Zhenqiang Company was really acquired by Shen Corporation!

Thinking about this, Young Master Wang turned on the computer on his office desk and began to search.

This morning, Shen Corporation had already fully acquired Zhenqiang Company, directly buying out the major shareholder’s stocks and causing a change in ownership for Zhenqiang Company.

This morning, Shen Corporation held a press conference in the Shen Building, where they released the long-term planning after the acquisition of Zhenqiang Group.

Shen Corporation, ranked second in Yuegang, is a super large international enterprise, now possessing 37 listed subsidiaries; it can truly be considered a behemoth in the commercial world.

...

After he had searched through all the information, Young Master Wang, furious, picked up a cup and smashed the computer. The phone call from earlier was true; Zhenqiang Company had really been acquired by Shen Corporation, and the contracts with Zhenqiang Company were unilaterally terminated. This meant that all his hard work and efforts were in vain, and the billions that were about to be within his grasp vanished just like that!

That idiot Hu Zhenqiang, what did he do to provoke Shen Corporation? They are a behemoth that could swallow his company as if it were nothing. It didn’t matter that his company was gone, but the development contract for Dongling Mountain was also gone. That affected me. Do you think it was easy for me to glean that piece of information? After two and a half years of laying the groundwork and being on the verge of reaping the rewards, the sudden acquisition turned all my prior efforts into nothing. You think I, Young Master Wang, am a pushover, that my years of hard work can be destroyed overnight without consequence? Even if I flayed you, it wouldn’t be enough to calm my anger.

No, I must find Hu Zhenqiang and ask this imbecile exactly how he managed to provoke Shen Corporation. Otherwise, why would such a huge group suddenly take action against Zhenqiang Company? There’s no reason for it. With this thought, he went to the shattered cell phone, retrieved the SIM card, and inserted it into a new phone.

"Hu Zhenqiang, are you seeking death by provoking Shen Corporation, allowing them to take over your Zhenqiang Company? It doesn’t matter that your company is gone, but the contract for the entire Dongling Mountain has been terminated by them. Do you have any idea how long I have invested in this plan? More than two years! And you, this idiot and fool, have ruined it all. Do you think I, Young Master Wang, have no influence or significance? Just you wait, I’ll make sure you don’t see tomorrow’s sun!" Young Master Wang hadn’t expected to still be able to call Hu Zhenqiang. After connecting the call and being stunned for a moment, he began berating Hu Zhenqiang, wishing from the bottom of his heart he could strangle the man. Billions gone in one night, anyone would be driven mad!

"Young Master Wang, please, don’t be angry. This truly wasn’t my doing. I have no dealings with them, Shen Corporation, and I haven’t provoked anyone. Last night, people from Shen suddenly took me away and made it very clear: either agree to the acquisition, or starting tomorrow, Shen Corporation would suppress all of Zhenqiang Company’s business projects and drive the company into bankruptcy. I had no choice but to agree under those circumstances. They are a commercial behemoth; suppressing my Zhenqiang Company was like crushing a mosquito, utterly irresistible. I had no other options."

"Later, I found out why Shen Corporation took an interest in my company. They were interested in the Dongling Mountain development project. Acquiring Zhenqiang Company was just incidental. So Young Master Wang, you really can’t blame me for this. Something went wrong with Dongling Mountain that captured Shen Corporation’s attention, and then they suddenly aggressively took over my Zhenqiang Company. My company was my life’s work, just erased overnight like this, how am I supposed to live? And my company was also covering for your development of Dongling Mountain. Now that there’s trouble, you, Young Master Wang, you have to help me!"

"My company..."

Hu Zhenqiang, currently alone, leaned against his home’s bar and drank himself into a stupor. The thought of his Zhenqiang Company, which he had worked over ten years to build, becoming history overnight made him bleed inside. To put it bluntly, Zhenqiang Company was like his child, and this situation was utterly devastating for him. If it had been any other company looking to acquire, he would have fought no matter what. But this time, the acquirer was Shen Corporation, a juggernaut in the business world, and he didn’t have the capital to challenge them. So he swallowed the humiliation this time; resistance was futile!

And now, Young Master Wang from Capital City was calling me to rebuke me. Not only was the Dongling Mountain development project gone, but now the company was too. To whom could I plea? Although you, Young Master Wang, are capable, can you provoke Shen Corporation? If you’re so capable, go and yell at Shen Corporation. Why take it out on me! It’s because of your Dongling Mountain that Shen Corporation noticed and my company is gone. How could I have been so foolish to collaborate with a rich young master like you from Capital City? Instead of reaping any benefits, I’ve lost my company in the deal. This is a catastrophic business loss!