Five days.
In Jiangcheng, the takeover battle between the two most watched dostic trading companies had incredibly resulted in a complete reversal in just five days!
The dia confird that Chengjun Group had illicitly concealed the information about the loss of its major overseas custor base.
This was verified through foreign dia.
At the sa ti, the dia also discovered that the successor to Chengjun Group and current CEO, Zhang Jun, had fainted and been sent to the hospital.
The entire Chengjun Group was now in chaos without a leader.
The four suppliers that had just been poached from Thunder Group alleviated the backlog of rchandise, but they had already started processing and producing the next batch of goods half a month ago in order to keep up with Chengjun Group’s next export volu.
And now the news suddenly ca out that Chengjun had not only lost its major overseas agents but also its major import supplier?
Who would have thought that Chengjun’s main custors would shift over to Thunder Group?
The heads of the four factories that had backstabbed Thunder were panicked.
They visited Chengjun Group daily, looking for Zhang Jun to give them an explanation.
Those who made even more of a scene than them were the dostic dealers that collaborated with Chengjun Group.
These dealers covered most of the dostic market, with many being franchised regional agents.
You’ve suddenly not only run out of stock, but they also have to bear the risk of being sued by Thunder for infringent.
How do you expect them to carry on?
Zhang Jun appeared to have fainted, but in reality, he was hiding in the hospital, already at his wits’ end.
Starting from when the dia exposed their group’s issues, it took only three days for the entire group to be sued.
When his father, Chairman Zhang, visited him in the hospital in a wheelchair, he expressed great disappointnt.
Zhang Jun knelt before his father, completely clueless about how to salvage the situation.
His father snorted coldly, "You need to consider first how to settle the bank loans and the money from the various venture capital firms; those are the real demons. They can destroy your reputation in Jiangcheng, and once you’re ousted from Jiangcheng, it will be very difficult to turn things around!"
Zhang Jun, unwilling to accept defeat, said, "Dad, I just want to know by what ans Lin Yue managed to do this, who exactly did she enlist for help?"
His father glared at him, "Does it matter? Anyone who can cut off your retreat in just a few days, even if you knew who it was, what could you do about it? We simply can’t compete with that level of power!"
"I’ve always warned you to keep a low profile. Don’t think our billions in business each year an anything; in the eyes of the real big capitals, our revenue is nothing. If they wanted to take action against us, it would be effortless!"
"You’re not young anymore, why bother with jealousy and rivalry? Lin Yue obviously chose soone better than you. You need to know your place and not forget our family is nothing in the capital circles of Jiangcheng."
Zhang Jun, upon hearing his father’s words, raised his head defiantly, "I admit I am not the most outstanding among the rich second generations in Jiangcheng, but how am I inferior to Lin Yue’s loser husband? I was just trying to prove that he’s not worthy of her."
"Loser?" Chairman Zhang couldn’t help but laugh with frustration, "Haven’t you read the newspapers during your stay in the hospital these past two days?"
Zhang Jun felt sowhat guilty; he had actually been afraid to look.
Chairman Zhang took out his phone, searched for a news article, and handed it to his son to read.
It was Lin Yue’s first statent to the besieging dia after returning to her company.
"This ti, I would like to thank my husband, without whom Thunder Group surely wouldn’t have made it through this ordeal."
Zhang Jun read the article and shook his head in disbelief, "Impossible, Gu Feng couldn’t possibly have this kind of power. He’s just a guy joking around with a private fund, he can’t be capable of this!"
Chairman Zhang sighed in disappointnt, "The man who managed to expand from a fund size of 200 million to 10 billion in one month, do you think those capital investors are idiots? If it weren’t profitable, would they be scrambling to invest? Let tell you, the ’loser’ you disdain, his next target is to acquire other dostic private funds with a scale of tens of billions to serve as subsidiary companies for Tianfeng Fund!"
"According to the data from us old folks, the 30% profit rate of the Tier 1 clients set up by Tianfeng equals or even surpasses the conversion rates of any top private fund company in the country, which is why other top dostic private funds are looking to join the Tianfeng Group as subsidiary groups."
"But that’s just the segnt of Tianfeng’s Tier 1 clients. The conversion rates of Tier 2 and even Tier 3 are what truly tantalize the wealthy elite!"
Chairman Zhang continued, narrowing his eyes as he spoke to his son, "Do you know there’s only one private fund company in the world that dares to play with this tiered system?"
Zhang Jun knew without needing to be reminded, "Yanlong!"
"At least you’re aware of that," his father glared at him. "The situation now is that there’s still speculation about whether Lin Yue’s husband has any connection to Yanlong Corporation. But if Tianfeng Fund becos successful, it would be akin to replicating Yanlong Corporation’s model in the Dragon Nation market! It ans that another Yanlong Managent Company might erge in East Asia, and that’s what many dostic capital tycoons are drooling over."
"If Tianfeng really succeeds, let tell you, no capital would dare to offend Tianfeng Group!"
Having said that, Chairman Zhang, clearly also tired, began to move his wheelchair to leave, but before he left, he didn’t forget to remind his son, "You better pray that Tianfeng fails, otherwise our path will beco much narrower. If you still listen to , you should go apologize to Lin Yue."
Zhang Jun was indignant.
Chairman Zhang saw through his son’s resentnt and snorted coldly, "You’re not apologizing for yourself but for those dealers! Only by obtaining Thunder’s forgiveness and asking them to accept those dealers can the dealers avoid switching brands and dealing with infringent issues."
Zhang Jun’s body shook, he slumped to the ground, powerless.
With just one move, all of the Zhang Family’s efforts had unwittingly beco a bridal dress for Thunder.
So ruthless!
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