Chapter 504: Chapter 276 Wen Ruan and Shen Yuyan_2 Chapter 504: Chapter 276 Wen Ruan and Shen Yuyan_2 After the incident at igou Technology yesterday, Liu Chuanzheng found himself in an extrely awkward and embarrassing situation.
He lost all face within the company.
Not to ntion being promoted to vice president, whether he could continue to be the general manager of the branch office was still up in the air.
Li Xuechao, who was in charge of the company’s brand business, often went to Imperial City on business trips and was on good terms with Liu Chuanzheng privately.
That’s why he would bring it up at this mont, trying to help clear Liu Chuanzheng’s na a bit.
Zhang Shun tapped the table, his gaze shifting.
He was pondering over what arrangents to make for Liu Chuanzheng.
“Knock, knock, knock—” the conference room door was knocked.
The president’s assistant walked in quickly, “President Zhang, President Bai from ditation Capital is here! He has been arranged in the reception room!”
In an instant, there was a continuous sound of chairs moving and people standing up.
Everyone stood up.
Following that, led by Zhang Shun, the five directors quickly walked towards the reception room.
“President Bai! Good afternoon!” “Lawyer Zhao.” “Manager Wang.”
After exchanging pleasantries, everyone sat down on the sofas.
Zhang Shun crossed his hands and said nervously, “President Bai, regarding the changes with our clients and dia, your company must already be aware. Given that we are currently in a critical period of negotiation, could we ask ditation Capital to help us contact the dia and diate the situation.”
ditation Capital was very optimistic about Light and Shadow dia and had decided to invest in the company by both equity acquisition and capital increase.
The negotiations had entered a critical stage, and Zhang Shun could feel that ditation Capital was truly sincere.
That’s why he took this opportunity to make the suggestion.
With the opponent’s network and power, they could easily solve the troubles they faced.
This was also the reason he had managed to remain composed until now.
Upon hearing his words, Bai Sheng spoke calmly and seriously, “President Zhang, we have co here mainly for two matters. The first matter is that we have decided to suspend the equity acquisition and investnt in Light and Shadow dia.”
“This!” Zhang Shun’s face changed drastically, his eyebrows twitched violently, “President Bai, our company has been established for 15 years and has been through many difficulties, but we have persevered without exception. The current problem is not significant, please give one week, don’t let these matters affect our cooperation.”
Isn’t the purpose of running a company to make money?
For him, being recognized by a top-tier investnt firm like ditation Capital was an opportunity that cos once in a lifeti.
He could not only cash out at a high position but also enjoy the boost from ditation Capital’s ecosystem.
Bai Sheng shook his head, “This matter has been decided, of course, we are only suspending, as the investnt committee needs to reconsider. The second matter is that we hope Light and Shadow dia will conduct a serious review of Liu Chuanzheng, the general manager of the Imperial City branch, for his negligence and illegal activities in his work.”
Imdiately after, the lawyer beside him spread out a docunt.
“Our QJ Law Firm, commissioned by ditation Capital, conducted a legal risk review of your company and found many problems during the process.
Liu Chuanzheng, in the past three years, received large transfers from HG dia nurous tis under the guise of consulting services.
The legal person of HG dia is his cousin, who is also engaged in advertising sales, and has an agency contract with Light and Shadow dia.”
“According to a whistleblower who previously resigned from the company, we got in touch with Liu Chuanzheng’s ex-wife and confird that there was interest conveyance involving Light and Shadow dia’s client resources.
In addition to this, Liu Chuanzheng also sold branch office assets at low prices several tis, including photography equipnt, office equipnt, etc.”
Bai Sheng said with a serious expression, “This has involved the cri of embezzlent, and according to your internal plan, Liu Chuanzheng is going to take up the position of vice president in the head office next month, which is a very significant risk and hidden danger. ditation Capital cannot invest in such an enterprise.”
Zhang Shun looked at the docunts one by one, his face terribly gloomy.
As the boss who had been in control of the company for many years, he naturally knew about so issues within Light and Shadow dia.
Especially the issues concerning the head of the branch office.
Situations such as: reporting fictitious business expenses, rebates.
In normal tis, these would not be considered serious matters.
As long as Liu Chuanzheng could still bring in clients and profits for the company, he could look the other way.
But now, as the company was in turmoil, they were counting on ditation Capital for help, and then such a big issue was dug up.
Moreover, due to the conflict with Wen Ruan, this resulted in the cancellation of igou Technology’s business.
Zhang Shun, already in a foul mood, erupted like a volcano in an instant.
Liu Chuanzheng! You can go sew your mouth shut!
“President Bai, rest assured, I have zero tolerance for such parasites in the company. I will make him pay the legal price, and will conduct a thorough review from top to bottom to ensure that similar issues do not arise again. I hope ditation Capital can see our efforts and sincerity!”
Bai Sheng glanced over them aningfully and calmly nodded his head.
The acquisition would definitely continue, but the valuation and terms would naturally be different from before.
Now, Light and Shadow dia was just facing the first half of the storm; more turbulent waves were approaching, and they couldn’t resist at all, just waiting to be harvested.
…
11 PM.
Fengda International Hotel, Supre Fengda Suite.
The sound of typing echoed continuously.
——————
June 27, 2023.
Today was a very short day.
We woke up early in the morning, as if afraid that sleeping would waste the ti we had to see each other.
We jogged together on the streets of Imperial City in the morning, then worked out for 40 minutes in the hotel gym.
Afterward, we randomly slipped into an alley and found a clean little shop where we enjoyed our favorite tofu pudding, sugar-blazed buns, and stead dumplings.
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