What?
Hua Yuran's words made the smiles on the faces of everyone in the Lin family freeze.
Lin Haishan looked at Hua Yuran in astonishment, "You...what did you say?"
The smile on Hua Yuran's face remained unchanged, and her tone was very calm, as if she was talking about something very ordinary.
"Dad, I mean, the 35% stake in the skincare products and the 10% stake you used as collateral for the loan are now all in Long Ming's name!"
"Adding the 10% share as a dowry, Long Ming already holds 55% of the company's shares."
"He's now the largest shareholder of the Hua Group. He has the power to seize control of the company, remove you as chairman, take the position himself, fire Lin Zheming as general manager, and find a replacement!"
Every word Hua Yuran said was like a thunderclap, constantly bombarding Lin Haishan's mind.
It also bombarded the minds of other members of the Lin family.
Lin Haishan and everyone in the Lin family around him had a blank mind.
What does this mean?
Hua Yuran said that Long Ming already controls 55% of the shares of Hua Group?
The whole place was so quiet that you could hear a pin drop.
After a while, Lin Zheming finally burst out laughing.
"Yu Ran, I always thought you were really truthful. I didn't expect that you would lie to confuse us."
"Let's not talk about the skin care products. Just based on the loan, there's no way you can get the 10% stake."
"Because I drafted the contract, it clearly states that the 10% stake is used as collateral for the loan and is temporarily placed with the other party. As long as we pay off the principal and interest within a year, we can get it back."
"Within this year, the other party has no right to dispose of this 10% of shares. Dad definitely has the most shares currently."
When Lin Zheming said this, the shocked and even panicked Lin family members felt as if they had taken a reassurance pill, and their hearts were finally at ease.
Lin Li took a deep breath and said, "Zheming is still reliable. If this contract was drawn up by Zheming, then there will be no problem."
"Yu Ran was just lying to scare us. There's no need to worry."
The smile on Mrs. Lin's face reappeared. She turned her head and looked at Lin Zheming who was standing behind her with a look of admiration.
"I see. Yu Ran, I thought she was a good girl, well-educated and well-mannered. I didn't expect that she is not only cruel and ruthless, but also full of lies to achieve her goals."
"Yuran, you really are a descendant of the Hua family. There is really no comparison between you and the children of our Lin family."
"Alright, stop talking nonsense here. I'll make a public announcement tomorrow. You should take the initiative to sever your father-daughter relationship with Haishan!"
"Then, go back to Kyoto with Long Ming and be a good wife of the Long family's eldest young master. Jincheng no longer has a home for you!"
The other members of the Lin family echoed his words.
"I was really scared by that bitch. I found that Yu Ran really turned bad after following Long Ming."
"Alas, it's such a pity. Looking at such a good child, he has such a black heart."
"Exactly. He treats his brothers and sisters without blinking an eye, and brags so naturally and calmly, as if he's telling the truth."
Lin Haishan sighed, "Yuran, I understand how you feel. You have feelings for the Hua Group. After all, it originated from the Hua family and grew stronger under the leadership of Yunxin and me."
"But, forget about controlling the company..."1
Lin Haishan's words were interrupted by a document that Zuo Jun handed directly to him.
His brow furrowed. "What?"
Zuo Jun sneered, "Just take a look and you'll know."
Lin Haishan instinctively took the document and took a look at it, his eyes slowly widening.
Equity confirmation letter!
Does Long Ming really own 55% of the shares?
Lin Haishan's hands started shaking!
The documents here show that 35% of the skin care products and 10% of the loan shares were all transferred to Long Ming's name.
He is the chairman of the company and has held a high position for a long time. He can tell at a glance that these documents have complete procedures and the signatures and seals are all real.
How is this possible?
Everyone in the Lin family kept staring at Lin Haishan. When they noticed that Lin Haishan's eyes were becoming more and more shocked and his hands were starting to tremble, the smiles on their faces disappeared again, and a strong bad premonition came to their hearts.
Lin Haishan suddenly turned his head to look at Lin Zheming, his eyes reddened, "Didn't you draft the loan mortgage contract?"
"Why can that 10% of shares be transferred to Long Ming's name?"
What?
Lin Zheming quickly took the document from Lin Haishan and looked through it carefully.
The more he looked through it, the more shocked he became.
It's not just the 35% of shares that will be under Long Ming's name.
The ten percent of shares that were mortgaged for the loan also belonged to Long Ming’s name!
This is absolutely illegal!
"Dad, there's something fishy going on here, don't worry!"
He told Lin Haishan not to worry. His hands began to tremble. He took out his cell phone and made a call.
"Wu Hao, what's wrong with you?"
"Why did you transfer the 10% of shares used as collateral to Long Ming?"
"Don't you know that's illegal?"
"The transfer agreement between you cannot be established!"
Wu Hao said slowly on the other end, "General Manager Lin, the mortgage contract we signed is very clear."
"It clearly states that although the 10% stake is mortgaged, I have the right to dispose of it."
"But if you dispose of it within a year, you don't have to pay me back, and you can even get a million yuan in liquidated damages from me!"
ah!
Lin Zheming's mind was struck by lightning again.
Impossible!
How could there be such a clause?
He had read the contract drafted by Zhao Mei, and there was clearly no such clause!
Wu Hao said indifferently, "General Manager Lin, I'm very busy. It's alright, that's all."
The person on the other end hung up the phone.
Lin Zheming was stunned on the spot.
Then, he thought of Zhao Mei again!
He quickly dialed a number, and Zhao Mei quickly answered the phone, saying in a sweet voice, "General Manager, what's up?"
Lin Zheming said anxiously, "Hurry up and take a look at the equity mortgage contract we signed with Wu Hao. Does it say that he can dispose of the 10% stake within a year?"
Zhao Mei immediately replied, "Then there's no need to look it up. I drafted the contract, so of course I know it."
"That was something Wu Hao asked to add when we were signing the contract. You nodded in agreement, and I finally added it at the end as an appendix to the explanation!"
"What's wrong?"
Lin Zheming felt like he was hit on the head with a club again.
Did he agree?
How come he doesn't remember this?
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