Chapter 790 Corporate Dispute



“I am Chen Changye’s wife, and the company shares he holds are our joint property,” Yu Lu said firmly.

"I think you should stop arguing. President Chen is just sick, not dead, isn't he?" Just then, a calm voice came over.

Ye Xingchen pushed open the door and entered, followed by Shen Lin.

Shen Lin was holding a document in his hand, and it was clear that the document was very important to him. He gripped the document tightly with both hands, as if afraid that something might go wrong.

"What are you doing here? It's because of you, you quack doctor, that Old Chen wouldn't have shown up if you hadn't given him that haphazard treatment." Yu Lu was furious. She slammed her hand on the table and stood up. "Security! Where's security? Get him out of here!"

"I'm here today on behalf of the chairman to announce something. Are you sure you want to kick me out?" Ye Xingchen glanced at her.

"Nonsense! Old Chen is already out of his mind. He doesn't even recognize people. How could he ask you to come and do something? Can't you make your lies at least believable?" Yu Lu sneered.

“President Chen’s condition has improved, and he is now no different from a normal person. However, he needs to rest and recuperate, so it is inconvenient for him to appear in public. That’s why he sent Mr. Ye and me to announce some things.” Shen Lin also stepped forward.

"Uncle Shen, is my dad... really alright?" Chen Qian was both surprised and delighted.

Before she went to find Ye Xingchen, she had been staying by her father's side. Her father was the same as yesterday, and he didn't even recognize her.

But now Ye Xingchen and Shen Lin say that his illness has improved, which makes her very happy.

"He's really alright now, at least he's getting better," Shen Lin said. "Please rest assured, Miss, the chairman will definitely be fine."

Shen Lin comforted Chen Qian, then took a document from the file folder and placed it on the table.

He cleared his throat and said, "Ladies and gentlemen, this file is the appointment letter issued by the chairman. It has the chairman's signature and seal on it. The chairman wrote this appointment letter several months ago."

"What appointment letter? Who is being appointed? What is being appointed?" Chen Qian stared at Shen Lin with wide eyes.

"Now announcing the appointment of the chairman, effective immediately, the eldest daughter Chen Qian is appointed as the chairman of the Chen Group. The 70% of the shares held by Chen Changye in the Chen Group will be transferred to the eldest daughter Chen Qian, and the remaining 30% will be held by Chen Qian on his behalf. After the youngest son Chen Wenhao comes of age, these 30% of shares will be transferred to the second son Chen Wenhao."

"What did you say? Nonsense! This appointment letter is fake!" Yu Lu screamed. She stood up abruptly, snatched the appointment letter, and tore it to shreds without even glancing at it.

"You, how could you tear up the chairman's appointment letter?" someone immediately objected.

"That's right, what do you mean by that, Yu Lu?"

"Shut up, both of you." The Yu brothers, Qiang and Zhong, immediately stood up.

Yu Zhong was originally involved in the underworld. He took off his jacket, revealing his vest, muscles and tattoos exposed, making him look extremely intimidating.

This guy has now taken over as the security manager of the security department, and all his thugs have become security guards here. You could say he can throw anyone out whenever he wants.

“This kid’s background is unknown, and the appointment letter in Shen Lin’s hand is fake. Chen Qian is colluding with outsiders to try to seize my brother-in-law’s shares.” Yu Qiang said sternly, “Get these two out of here now, immediately.”

Several security guards rushed in to arrest him, but Ye Xingchen glared back at them, instantly freezing them in place.

"Are you two useless?" Yu Qiang roared, berating his two underlings.

His outburst jolted the two thugs in security uniforms awake. They shuddered and reached out to grab Ye Xingchen.

Ye Xingchen glared at the two men again, but this time his qi flew out and sent the two security guards flying.

"Anyone who dares to move again, come on over if you're not afraid of death." Although Ye Xingchen's tone was calm, there was an undisguised killing intent in his words.

He immediately stunned the scene, then glanced at Yu Lu: "You really think that tearing up the appointment letter will solve everything? How naive. Strictly speaking, the appointment letter is a will. Do you really think you're tearing up the original?"

“Madam, this appointment letter has been filed with the notary office. There are video and audio recordings of President Chen when he was conscious. This torn copy is just a photocopy. If you want to see it, you can go to the notary office to retrieve it,” Shen Lin said.

“You…” Yu Lu’s face turned pale.

"When did President Chen issue the appointment letter? Why haven't we shareholders received any news?" One shareholder slammed his fist on the table and stood up: "Even if your appointment letter is real, we don't recognize it."

“That’s right. The appointment of the chairman requires the consent of us shareholders. He can’t appoint him if we don’t agree,” another person added.

“That’s right. Even if Chen Changye is the boss, he can’t make decisions unilaterally. How could he make such a big decision as appointing the chairman without consulting us?”

"Hehe, this little girl is probably not up to the task. She's too young. How could she possibly shoulder such a heavy responsibility?"

The meeting room was filled with discussion, and all eyes were on Chen Qian.

Chen Qian bit her lip and raised her head: "My father is the chairman of the Chen Group. He holds more than 60% of the shares in the Chen Group."

“Your shareholding is insufficient to influence his decision.”

As soon as Chen Qian finished speaking, the room fell silent.

A moment later, the shareholders exploded: "What did you say, little girl? Are you trying to use your shares to pressure us?"

“Even if we don’t have as many shares as you, we are still shareholders. He can’t run a one-man show; he has to listen to our opinions.”

"He wants his daughter to become the chairman? There's no room for discussion, I don't agree."

"Yes, I disagree too. Everyone should vote against it."

"Gentlemen, I think you've misunderstood something." Ye Xingchen's voice rang out, instantly silencing the crowd.

“Your votes are merely opinions and cannot influence the major shareholder’s choices. As the chairman and major shareholder, Mr. Chen has veto power and the right to make any decision regarding the company. If you disagree, you can stand up and speak out.”

“I disagree. We are also shareholders. Since we hold shares, we should have corresponding rights.”

“Uncle Li,” Chen Qian spoke up, “Don’t forget, 30% of your shares are phantom shares. The board of directors has the right to take back your phantom shares at any time. When your year-end dividend is reduced by 30%, don’t blame me for being ruthless.” Chen Qian suddenly said.

"You..." The shareholder who had been shouting the loudest immediately fell silent.

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