Chapter 430 Jinhua Group is established!



Chapter 430 Jinhua Group is established!

As soon as this news broke out, not only the Internet but the entire entertainment industry was shaken.

The arrest of the Dong family father and son and the change of shareholders in Fengyu Group were something everyone had long anticipated.

But no one expected that the major shareholder was actually Ruan Qi!

[Eighty percent of Fengyu shares?! This news is fake, right? Ruan Qi...how is that possible?!]

[Friends above, please take note. The news was leaked by a legitimate media outlet, Entertainment Express. It cannot be fake. And if it were fake, Fengyu would have immediately come out to refute it.]

[…Can anyone tell me how much 80% of Fengyu's shares are worth?]

Fengyu Group isn't a top-tier company in China, but it's still ranked among the top 500. Before the Dong family scandal broke, Fengyu's market capitalization was probably around 90 billion. With the arrest of the Dongs, the price should have dropped significantly.

Netizens: “…”

Ninety billion?

[So, Ruan Qi acquired 80% of the shares. How much did she have to spend?!]

[Where did she get all that money?! Are today's young celebrities this rich?!]

Ruan Qi isn't just a celebrity; she's also a musician and scholar... Well, even with all these identities, she can't possibly come up with so much money to acquire Fengyu.

[Note: Ruan Qi's ability to acquire Fengyu isn't the point. The point is that she can kick the entire Dong family off the board within a few days! And make them willingly transfer their shares to her! That's the scariest thing, don't you understand?!]

After being reminded of this, netizens also reacted -

Yes! How did the Dong family willingly transfer their shares to Ruan Qi?

Even if Dong Wei and his son were arrested, Fengyu is still there. Are they willing to give up such a big piece of cake?

[Is there someone powerful behind Ruan Qi?]

[What kind of backer could be more powerful than the Dong family?]

Have you ever thought about this? Ruan Qi has multiple identities, including academic, musician, and esports expert. Do you think she could also be a domineering CEO or the daughter of a wealthy family?

Everyone: “…”

[Those who say Ruan Qi is the daughter of a wealthy family, please go to Baidu and look up her encyclopedia. Ruan Qi's parents are farmers, she herself said so.]

Couldn't Ruan Qi's parents be the second generation of wealthy families who drifted away from home?

"Why don't you say Ruan Qi is the future head of the Xi family? Can you make it up a little more?"

[I don't care about Ruan Qi's identity. I just want to know if Jinhua Entertainment is going to become the boss of the entertainment industry!]

Jinhua Entertainment is really going to become the boss of the entertainment industry!

Not long after the equity change of Fengyu Group, Jinhua Entertainment’s official Weibo account released a message:

Starting today, Fengyu Group has officially changed its name to Jinhua Group. Fengyu Entertainment, formerly a subsidiary of Fengyu, will officially merge with Jinhua Entertainment!

Xu Hao, the former chairman of Jinhua Entertainment, Shen Wenqian, the former second largest shareholder of Jinhua Entertainment, and Ruan Qi will control the Jinhua Group!

And because Ruan Qi owns 80% of the shares of the original Fengyu Group, he will also become the largest shareholder of Jinhua Group!

The largest shareholder of Jinhua Group!

In other words, from today on, Ruan Qi is the biggest boss of Jinhua!

Even the former chairman Xu Hao was considered to be working for her!

All netizens were shocked.

Marshmallow and the little dragons' worldview also collapsed.

Not only that, even the entire aristocratic family circle in the imperial capital was in complete chaos!

Continue read on readnovelmtl.com


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