The first to break the news was a short-selling institution called "Mr. Question Mark".
"Mr. Question Mark" published a long blog post, saying that they had received an anonymous report and that they had privately confirmed some of the situations mentioned in the report, which contained a large number of real details. The content of the report pointed out that there was a large amount of falsified financial data in Xingyi Entertainment's financial data in the three years since its listing.
In this long blog post, in order to let the majority of netizens understand how Xingyi Entertainment operates, "Mr. Question Mark" also gave examples of some of the financial frauds committed by Xingyi Entertainment.
It can be clearly seen that Xingyi Entertainment inflated its related investment costs and revenue by falsely reporting advertising revenue and falsifying celebrity endorsement fees.
After this long blog post was published, the popularity of #Xingyi Entertainment Financial Fraud# immediately swept the entire Internet, and the content of the revelations also shocked countless people.
[What the hell? I don't quite understand it, but looking at that long string of zeros... I feel like my eyes are going blind. How much money is this?]
If this is true... Xingyi Entertainment is really bold in falsely reporting 5 million yuan in operating income as 10 million yuan, directly doubling the amount...
I don't understand. You can make a lot of money without cheating, so why do you have to cheat?
[What else could it be for? Just to make the financial figures look good! If they weren't falsified, they might still appear to be profitable, but from an investor's perspective, this input-output ratio would make it a losing business!]
While a group of netizens were eating melons, the shareholders who bought Xingyi Entertainment stocks were already feeling very happy.
[Fuck Xingyi Entertainment! Pay me some money!]
【It’s really bad luck! 】
[Damn it... I sold all my Xingyi Entertainment shares overnight. Now, let alone making money, I'm lucky if the stock doesn't fall below the bottom line!]
[I was wondering why Xingyi Entertainment's stock suddenly plummeted today... what a shameless son of a bitch!]
This news was so explosive that soon, one related topic after another became a hot topic.
#Xingyi Entertainment has been engaged in financial fraud for three consecutive years#
#Xingyi Entertainment's stock price plummeted#
#Xingyi Entertainment loses money#
Many netizens even went directly to Xingyi Entertainment’s official Starlight Blog to leave messages.
[I heard that your financial data is falsified (eating melon)]
[Why haven't you responded yet? Are you feeling guilty?]
[Tsk tsk tsk, greed is like a snake swallowing an elephant. I can’t even write essays and make up stories like you guys can.]
The netizens’ abuse was more and more sharp, but Xingyi Entertainment did not finally issue its first response until three hours after the incident broke out.
Xingyi Entertainment: All accusations made by "Mr. Question Mark" against our company are false! We are prepared to pursue legal action against this despicable business practice.
Under this post, Xingyi Entertainment also specially set up "selected comments" and left only a few supporting comments below.
Faced with Xingyi Entertainment’s reaction, netizens’ attitudes were directly polarized.
Netizens who believe in Xingyi Entertainment feel that Xingyi Entertainment’s response shows that they did not commit financial fraud, otherwise they would not have responded so strongly.
However, more netizens are not very satisfied with Xingyi Entertainment's response.
"I'm really dying of laughter at these attempts to cover up their own mistakes. Do you think we'll believe you if you open the comments section and only keep comments that are favorable to you? Is Xingyi Entertainment's undercover operation mentally ill?"
I wanted to give it a little bit of faith, but the action of selecting comments is really speechless and too guilty.
[You're saying that Mr. Question Mark's accusations against you are false... why don't you provide evidence? You're just shouting slogans, with no evidence at all. I'd bet against you!]
[Tsk tsk tsk, it's only been three hours and they're already rushing to speak out. Where did they hide when their artists were being smeared? From now on, Xingyi Entertainment has its crown prince, and it's Xingyi Entertainment itself (dog head)]
I read this statement from top to bottom, and finally made out the words between the lines. Two words were written all over the page:
Guilty conscience
[They said they would take legal action, but they didn't even dare to send a lawyer's letter. This is really unbelievable.]
I don't want to say anything more, I just want to tag the relevant departments @Tax Bureau @China Securities Regulatory Commission to get back to work! Check the taxes!
#Xingyi Entertainment Response# had just barely made it to the top of the trending search list when netizens began tagging the tax bureau. Furthermore, all the negative terms related to Xingyi Entertainment also fell off the trending search list within three minutes.
Such an obvious operation was clearly seen by netizens who were constantly browsing the hot search list.
[Wow? They actually just removed the trending search? This can't be true, right?]
I was a bit skeptical at first, but seeing what Xingyi Entertainment has done... I think this short-selling report is almost certainly true! Xingyi Entertainment is definitely engaging in financial fraud!
[@Tax Bureau@China Securities Regulatory Commission delivered the results right to your door! ]
[Get to work! @Tax Bureau @China Securities Regulatory Commission]
This is too bad! @Tax Bureau @China Securities Regulatory Commission
Xingyi Entertainment's overly obvious operations instead aroused the public's rebellious psychology. For a time, as long as there were related entries with the four words "Xingyi Entertainment", and even under the Starlight Blogs of Xingyi Entertainment's artists, there were countless netizens' messages of "@Tax Bureau" and "@China Securities Regulatory Commission".
There were so many netizens who participated spontaneously that some even created a new entry to list the artists under Xingyi Entertainment.
In the inventory, one person's name is particularly eye-catching——
Yan Chaochao (former artist under Xingyi Entertainment, just terminated the contract today)
Such a magical intersection shifted some of the attention back to Yan Chaochao.
[Oh my god, this sister is a magpie, right? How come Xingyi Entertainment is already in trouble just after she terminated her contract?]
[What a coincidence, it happened to be on the same day. If I didn't think the probability of this happening was so small and unlikely, I would have almost started a conspiracy theory...]
If this incident is true, it will not only damage Xingyi Entertainment, but also the artists under it. This sister left at the perfect time.
[No more words to say. Bye, Sister Magpie. I wish me success in my exams this year!]
[Goodbye magpie, the CET-8 exam is coming up soon]
[Sister Magpie, goodbye, this year's college entrance examination]
【Bye bye magpie, villains, go away! 】
While the Starlight Blogs of other artists in Xingyi Entertainment were filled with insults, Yan Chaochao's Starlight Blog was flooded with good luck from netizens.
On the other hand, Xingyi Entertainment is not having a good time.
Netizens were already skeptical about this matter, and the terms "finance" and "taxation" have rubbed netizens the wrong way in recent years. Xingyi Entertainment's announcement, removal of trending searches, and selection of selected comments were seen by netizens as a self-incrimination.
For a time, countless netizens frantically tagged the tax bureau and the China Securities Regulatory Commission on the Starlight Blog, demanding that the relevant departments intervene in the investigation of the matter.
On that day, the stock price of Xingyi Entertainment plummeted, and countless shareholders and investors sold their stocks on the same day.
***
While the outside world was in an uproar, there was a dark cloud inside Xingyi Entertainment.
"Damn it! Who leaked the news?"
“Why would a short-selling institution suddenly target us?”
"Who was behind that anonymous short-selling report? Find him for me!"
The senior executives of Xingyi Entertainment gathered in the office and argued endlessly. Everyone had an angry look on their face, but this anger was also mixed with some unconscious guilt.
As the company's senior management, they naturally know whether Xingyi Entertainment has financial fraud issues.
However, knowing it internally and the matter being exposed, or even directly leading to an investigation by relevant departments, are completely different levels of risk factors.
This high-level meeting lasted two hours, but no results were achieved.
At the end of the meeting, everyone left the office with panic and fear about the future on their faces.
After Yuan Chenghe returned to the office, he felt a little upset for some reason.
So much happened today.
Whether it was Yan Chaochao's sudden request to terminate the contract, the strange woman who knew his secret, or the sudden financial fraud scandal...
All of this made Yuan Chenghe feel exhausted.
Yuan Chenghe was pacing anxiously in the office when the office door was suddenly kicked open from outside.
"who!"
Yuan Chenghe was frightened and the moment he raised his head, his face turned pale.
"Is...something wrong?"
Amidst the terrified gasps outside the door, a uniformed police officer pulled out his ID and said to Yuan Chenghe, "We're from the Lincheng Public Security Bureau. We've received a report linking you to a case of forced prostitution."
"Now, come with us."
After hearing this, Yuan Chenghe suddenly collapsed in his seat.
It’s over…
Discovered...
By the time the police took out handcuffs, handcuffed him with a "click", and dragged Yuan Chenghe out in public, his face had turned pale.
This incident not only happened in Yuan Chenghe's office, but also in the offices of all the senior executives involved in Xingyi Entertainment.
That evening, the controversy surrounding Xingyi Entertainment's financial fraud had not yet subsided, and a statement released by the Lincheng Public Security Bureau once again put Xingyi Entertainment, the agency, in the spotlight.
Lincheng Public Security Bureau: After investigation, 15 suspects from a certain brokerage company, including Yan Xzhi, Bian Xda, Wang X, and Yuan Xhe, have been detained on suspicion of assisting in organizing a syndicate. The case is under further investigation.
Although the Lincheng Public Security Bureau did not name the agency, there are only a few agencies in Lincheng, and Xingyi Entertainment is at the center of the storm again.
The most conclusive evidence is that a fan of an artist under Xingyi Entertainment originally wanted to take pictures of her own artist downstairs, but ended up taking pictures of a long line of police cars roaring towards them.
In an instant, the two terms #Xingyi Entertainment senior executives were arrested# and #Xingyi Entertainment senior executives organized□□# suddenly became the first and second hot searches, shocking countless netizens.
[I almost thought I was mistaken... I'd rather be mistaken! Aiding the organization in its crimes, Xingyi Entertainment, are you going to die?]
[Although I know there are always many unspoken rules in the entertainment industry, but for the top management of this agency to directly intervene... it still exceeded my imagination.]
[They're still removing trending searches during the day. I'm so angry! What a shady agency! I'd like to see how they can manipulate public opinion now that their top management has been arrested!]
[Oh my god! Looking at all the police cars, there must be too many people involved, right?!]
【Thank goodness, the bad guy was finally caught! 】
[Tsk tsk tsk… this is truly a nest of snakes and rats.]
***
When the Internet was in chaos, Yan Xixi looked at the situation and curled up the corners of her mouth.
She originally just wanted to help Yan Chaochao terminate the contract, so she thought of investigating Xingyi Entertainment.
Before the investigation, Yan Xixi had guessed that Xingyi Entertainment was probably not very clean. But when she saw the results of the investigation, Yan Xixi felt that her hands were dirty just by holding the report. Even the detectives and hackers who helped her with the investigation showed rare anger.
No one would have thought that Xingyi Entertainment, a well-known listed agency in the industry, would actually do so many shameful things behind the scenes.
On the surface, under the guise of "recruiting anchors and expanding the company's business lines," they were actually engaged in pimping. They lured young and beautiful boys and girls into the company, saying they would take them to meet investors, but in reality, they only had a few drinks and a little bit of drugs to send them to the beds of other people.
By the time the boys and girls finally woke up, the video evidence was already in the hands of the company's top management. Most young people, inexperienced in the world, were forced to sign unequal contracts, being manipulated by Xingyi Entertainment.
So after helping Yan Chaochao successfully terminate the contract, Yan Xixi still entrusted a third party to secretly send the relevant information to the Lincheng Public Security Bureau.
Faced with mountains of irrefutable evidence, no matter how the jackals and tigers of Xingyi Entertainment struggle, what awaits them is surely imprisonment.
By the time they came out, Xingyi Entertainment had probably been delisted due to financial fraud, and the stocks they had desperately held on to were nothing more than a few pieces of waste paper.
Money, power, and influence.
None of these scumbags will be left!
Just then, there was a sudden knock on the door, pulling Yan Xixi out of her thoughts.
She closed her computer and just opened the door when a cup was stuffed into her hand.
"I made you a cup of honey water. While work is important, your health is more important."
Otherwise, if the main source of income falls, who else can let her become a nobody?
Yan Chaochao stared at Yan Xixi as she finished drinking the honey water, and asked impatiently, "How is it? Is it delicious?"
After Yan Xixi finished drinking the honey water, she met Yan Chaochao's bright eyes and couldn't help but smile.
“It’s delicious.”
Hearing this answer, Yan Chaochao smiled with his eyes curved.
The next moment, Yan Xixi suddenly felt a gentle pull on her cheek, which made her subconsciously startled.
"9pm is the best time for healthy sleep. Please take good care of yourself. Good night."
After saying that, Yan Chaochao let go of the hand that was pinching Yan Xixi's cheek, took the cup from Yan Xixi's hand, and walked away along the corridor with satisfaction.
My sister’s cheeks are so soft!
Yan Xixi stood there, blinking her eyes before realizing what had just happened.
she……
She was called...
She was pinched on the cheek by Yan Chaochao? !
Yan Xixi stood at the door for a long time, until Yan Chaochao returned to her room, then she couldn't help but lower her head and laugh.
The voice echoed in the deserted corridor—
"good evening."
***
Time passed quickly, and soon it was the day for recording "Growing Up Together".
"Growing Up Together" adopts the combination of "celebrity + amateur brothers and sisters". Before the program starts, the program team will only reveal the names of the celebrities, but will keep strict confidentiality for the amateurs participating in the recording throughout the process.
The program adopts the format of full live broadcast. During the recording of the program, the camera will be turned on 24 hours a day to present the interaction between celebrities and siblings to the audience to the greatest extent.
Similar to other programs, the first episode of "Growing Up Together" was also recorded from the guests' homes. Before the recording began, the guests had received a notice from the production team that a staff member of the "Growing Up Together" production team would come to pick them up that morning.
Countless viewers who followed "Growing Up Together" received a reminder from the program team at 8 o'clock in the morning on the day of the program recording.
Dear viewers, welcome to "Growing Up Together." Let's see if our guests are ready.
The program is divided into 5 different live broadcast rooms. Viewers can randomly select the guest live broadcast room they want to watch. Other live broadcast rooms will become small window modes and appear on the right side of the screen.
Five groups of staff from "Growing Up Together" and cameramen arrived at the guests' door almost at the same time.
Shen Yunran was the first to open the door.
The moment the door opened, Shen Yunran was holding a spatula in her hand. Seeing the staff of the program group, she exclaimed slightly with a surprised expression: "Didn't you say you would come at 9 o'clock?" After saying that, Shen Yunran's mouth dropped, revealing an aggrieved expression, "My image..."
[Ahhh, Ranran is so cute]
[Ranran is so cute in her bear apron! My internet wife~]
[Hey, my wife is making breakfast for me]
After Shen Yunran opened the door, the guests from the other three groups also opened their doors one after another. All the guests looked at the program crew who suddenly appeared with frightened expressions on their faces.
"You agreed to come at 9 o'clock?"
"Why a surprise attack?"
"That's really not very kind of you!"
Compared to the guests' complaints, the audience in the live broadcast room was much happier watching the show.
When the camera moved to the live broadcast room where Yan Chaochao was, the scene suddenly became wrong.
The camera entered from the gate and moved forward. The photography team walked for a full 3 minutes. The guests in other live broadcast rooms had already been frightened, but the photographers in Yan Chaozhao's group had just arrived at the gate.
When the doorbell rang and the door opened, a butler in a tuxedo nodded slightly to the photography team and said politely, "Welcome."
The audience in Yan Chaozhao's live broadcast room was silent for a long time before they finally uttered a word -
[…What the hell?!]
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