The sudden change of heart from Liming Video Platform was ultimately related to the stock of Shao Yichen's newly listed Morning Star Media.
The battle between South Polar Bear Group and Le Ziyao over Morning Star Media shares was clearly not for speculation, but to increase their own shareholding in Morning Star Media, giving themselves more weight in future shareholder meetings.
Such public maneuvers naturally attracted attention from industry insiders—especially competitors. Liming Video Platform was certainly among them.
With attention came investigation. After looking into the matter, they noticed something peculiar—Nan Rongyu and Nan Rongzhou, Shao Yichen's former male leads, were actually heirs to the South Polar Bear Group; and behind Le Ziyao's investment company lurked the shadow of Li Xingyu.
Everyone suddenly understood.
This was two forces competing for influence within Morning Star Media, making it easier for them to secure leading roles in future films!
They wouldn't believe that these two actors, who had performed in the same production, truly got along as harmoniously as they claimed in interviews.
After all, why had Li Xingyu, the male lead in Shao Yichen's first film, been reduced to the third male role in the second film? It must be because two rich second-generation heirs had invested in the production and snatched his leading role!
Otherwise, given his importance in the film, he should have been the male lead! This was clearly a demotion!
With such history between them, it wasn't surprising that both parties were now openly fighting over stocks.
However, South Polar Bear Group had abundant capital, and Li Xingyu and Le Ziyao gradually fell behind in the later stages of this acquisition war, with their funds nearly depleted.
At this critical moment, Li Xingyu approached Liming Video Platform—or more precisely, the capital behind the platform.
He offered an extremely generous condition: if they helped him acquire Morning Star Media shares, he would exchange these shares for his own Liming Group shares!
Meanwhile, he also declared that his cooperation with Li Qiaoqiao, the capital behind Liming Video Platform, was a one-time deal, and the platform's shareholders were completely free to vote as they wished in subsequent shareholder meetings.
This was an all-gain, no-loss proposition that was perfectly reasonable—Li Xingyu, realizing he couldn't control Liming Group, simply decided to convert his Liming Group shares into Morning Star Media shares controlled by Shao Yichen, planning to start afresh with her. If the company grew, perhaps they could truly compete with Liming Group in the future.
The shareholders of Liming Video Platform easily agreed to this private transaction. On one hand, they saw nothing wrong with Li Xingyu's proposal; on the other hand, his age spoke for itself—he had just graduated from university, what threat could he pose?
With this mindset, the shareholders behind Li Qiaoqiao mobilized a significant amount of the platform's liquid assets and invested in this acquisition battle.
To their surprise, whether because South Polar Bear Group's offensive wasn't as aggressive as they had imagined, or perhaps due to good luck, they encountered several companies selling stocks that same day and purchased a large number of shares. But before they could celebrate for long, early the next morning, they suddenly learned that the situation had drastically changed.
South Polar Bear Group had begun dumping stocks! Massive amounts of shares were being sold off relentlessly, and in less than ten minutes, Morning Star Media's stock had hit the limit-down.
The video platform's shareholders finally realized something was wrong.
Had they been set up by that young Li Xingyu? They only had a verbal agreement and hadn't signed a formal contract yet!
But now it was too late for them to sell their shares and cut their losses. A huge volume of stocks was piled up at the limit-down, and they couldn't sell their shares at all.
Their liquid assets were trapped!
However, this was just the beginning.
They soon received more bad news—several companies they owed money to suddenly demanded repayment, scandals about the video platform were exposed one after another, and companies that had previously established partnerships with the platform announced termination of contracts...
In less than an hour that morning, their entire company was pushed to the brink of a capital chain rupture!
At this point, they would have to be blind not to see Li Xingyu's ambition, or they'd have wasted all those years as shareholders.
It seemed they wouldn't be getting Li Xingyu's shares. Not only that, but the shares they held might also be lost!
It was then that Li Xingyu finally contacted them, but by now the power dynamic had completely shifted. Li Xingyu leisurely stated that if Liming Video Platform's shareholders voted for him in the imminent shareholder meeting, he would purchase their Morning Star Media shares at a relatively fair and reasonable price; but if they persisted in voting for Wu Ming—well, they would just have to hold onto those shares for now.
Moreover, their video platform would likely face difficulties in the coming days...
Did Liming Video Platform have a choice? No.
They could only curse Li Xingyu inwardly while pushing Li Qiaoqiao out as a scapegoat, making her obediently cast that vote for Li Xingyu!
Truly worthy of being the new-generation acting prodigy, the rising star of the entertainment industry, Li Xingyu!
He was a damn good actor!
❀⋆｡°✿☆❀✿°｡⋆❀
With such an unexpected turn in the chairman's vote, everyone's expressions were quite spectacular. The conference room erupted into chaos, making it virtually impossible to continue the meeting.
The merciful new chairman Li Xingyu waved his hand, promptly dismissing the meeting, timely escaping from the shareholders who surrounded him, eager to curry favor with the new chairman, leaving the ashen-faced Wu Ming sitting dejectedly in his chair at the end of the long table.
Wu Ming watched that young figure, realizing this might only be the beginning.
That person had accomplished his first goal—and would certainly not stop there.
Could all those things he had done in the past truly no longer be concealed?
The old era of Liming Group was finally coming to an end...
Meanwhile, as Li Xingyu had just left the conference room, Le Ziyao leaped over and slung an arm around his shoulder: "We really succeeded! After such a roundabout way, all that effort wasn't wasted!"
A rare smile appeared on Li Xingyu's face: "Next, let's finish filming, then slowly deal with matters here."
As they were talking, they suddenly heard a hysterical scream from behind: "Li Xingyu! You'll pay for what you've done!"
Li Xingyu didn't turn around, but Le Ziyao was startled. He looked back to see Li Qiaoqiao desperately pushing through the crowd surrounding her, clearly driven mad by their accusations.
In the eyes of those people, she was the culprit responsible for the failed election, so they all gathered around to blame her.
"Looks pretty miserable," Le Ziyao shrugged. "Being pushed out as a scapegoat by the group. If she were still the so-called ace director of the video platform, she wouldn't have ended up in this situation."
"She deserves this," Li Xingyu said softly. "And this is just the beginning."
Le Ziyao raised an eyebrow: "What, you're not taking their shares anymore?"
"Of course I'll take them," Li Xingyu said. "I won't let Shao Yichen's shares remain in their company's hands—but bankrupting a shareholder doesn't only happen through breaking the capital chain."
Le Ziyao clicked his tongue in amazement: "As expected of you."
Li Xingyu remained expressionless: "You flatter me. The film isn't finished yet, let them struggle for a while longer."
"When the weather turns cold, Liming Video Platform will go bankrupt."
Author's Note:
As long as I haven't gone to sleep, it's still tonight.jpg
Finally resolved the magical business battle, let's return to filmmaking...
Thanks to all the little angels who cast emperor tickets or watered me with nutrient solution during 2020-10-01 12:13:57~2020-10-01 23:21:27 period~
Thanks to the little angels who watered with nutrient solution: Little Jing, Little Wine 1 bottle;
Thank you very much for your support, I will continue to work hard!