Chapter 582 The Life-or-Death Situation at the Shareholders' Meeting
Chapter 582 The Life-or-Death Situation at the Shareholders' Meeting
As dawn broke, the air in Shanghai still carried the chill of the night. Hundreds of small and medium-sized shareholders had already gathered outside the Lin Group headquarters. Each held a newly updated voting card and an explanation of the "merger and integration" proposal, their expressions a mixture of anxiety and determination. Several security guards stood at the entrance, their expressions serious.
Lin Chuyue, Gu Yanchuan, Shen Xiyan, and Luo Zhen slowly descended the spiral staircase. Behind them, their assistants and core team appeared tired yet full of fighting spirit in the morning light. Shen Xiyan whispered, "All emergency response teams, take your positions according to the plan. Voting channels, public opinion guidance, situation handling… everything according to procedure."
Gu Yanchuan gripped her arm tightly and whispered, "No matter what happens, I'll always be by your side."
Lin Chuyue nodded, but her gaze was fixed on Lin Zhengguo, who was distributing "parole slips" in the distance. That was the last trump card that her father and Cheng Yi had jointly laid out: to preserve the voting rights of minority shareholders and to end the "backroom voting" secretly within the company.
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I. Opening Ceremony
At 9:00 a.m. sharp, on the temporary stage, Lin Zhengguo addressed the shareholders and struck the golden gavel: "Dear shareholders, this extraordinary general meeting of shareholders is now officially open. First of all, please allow me, on behalf of the board of directors, to thank you all for coming to the meeting and exercising your voting rights."
As soon as he finished speaking, scattered applause and hushed murmurs erupted from the audience. Several radical shareholders held up signs that read: "Openness and fairness!" "Resolutely oppose behind-the-scenes manipulation!" "Give us back our right to vote!"
Cheng Yi and the CR representative stood to the side and slightly behind the podium, their expressions focused. Cheng Yi smiled faintly: "It seems... they are more excited than we imagined."
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II. First Round of Voting: Father vs. Daughter
Lin Zhengguo nodded slightly, signaling the start of the voting process. First, the validity of the "temporary dissolution order" was announced: "Will the existing board of directors' powers continue after this meeting?" Then the voting began.
Shareholders raised their hands, and staff quickly registered them. The results showed: 52.7% against continuation; 47.3% in favor. Lin Zhengguo's expression changed slightly, and he quickly signaled to slow down the voting process. His wife quietly handed him a text message on her phone.
Lin Zhengguo frowned after reading it, but remained calm: "The next item is to ask the shareholders to vote on whether to proceed with the 'merger and integration proposal', either on the spot or in the dark – the majority vote will determine whether to merge the 'Vision Fund' and the 'Long Vision Fund' into the group's segregated account for management."
The audience erupted in uproar once again. Lin Chuyue slowly walked onto the stage, her voice cold and clear: "Distinguished shareholders, the 'merger and integration' is to block the dark forces of external capital and ensure that your funds are truly controlled by the Lin family and subject to compliant supervision. If we do not merge, all funds may be transferred out of sight after today."
Cheng Yi immediately interrupted: "Ms. Lin, this is a typical case of 'using the rule of law to create chaos.' You are using the pretext of judicial freezing to forcibly deprive the diversified model of the fund system, which goes against the spirit of the market. I urge all shareholders to think twice!"
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III. The Outbreak of Conflict: The Cries of Minority Shareholders
An older shareholder stood up, his voice trembling, and said, "I invested in the Vision Fund because I believe that multiple forces can work together to build the future of the Lin family. You say you want to 'use the rule of law to quell chaos,' then what about our interests?"
Another young investor chimed in: "Exactly! We can vote ourselves, why should we listen to your high-level backroom deals?"
Thunderous applause erupted from the audience, fueled by rage. Security personnel waved flags, signaling, "Please maintain order!" Several shareholders were separated and escorted away, but this only provoked more protests.
Lin Zhengguo's face was ashen, but he could only keep his voice down: "Please calm down, everyone. This is a procedural issue. Please vote in turn!"
Shen Yanyan looked at the crowd below the stage, his brow furrowed. He rushed forward, raised the microphone, and said, "Shareholders, I stand with you! But please let me finish—the merger is not about rejecting diversification, but about blocking the channels of unscrupulous capital and allowing legitimate forces to function effectively. If we allow backroom voting, you will be the ones who truly suffer losses!"
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IV. The Conspiracy of Backroom Voting
Just then, the electronic screen behind the stage flickered and suddenly displayed a line of red text:
"The dark pool voting channel has been opened. Shareholders who have signed the Dark Pool Authorization Form, please proceed to Area B of the meeting room to scan the QR code to vote."
A neutral shareholder exclaimed, "What is this? I never signed any authorization letter!"
The scene immediately descended into chaos. Cheng Yi casually remarked, "The behind-the-scenes voting is an internal procedure that speeds up decision-making and reduces on-site interference."
The minority shareholders were completely unconvinced and shouted, "Procedures? This is called ticket grabbing and money laundering!"
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V. Lin Chuyue's Decisive Counterattack
Lin Chuyue seized the opportunity and said coldly, "Since the dark pool voting is so important, please allow me to publish all the signing records of the 'Dark Pool Authorization Letters' and invite you to verify them on the spot—otherwise, the dark pool is invalid!"
Cheng Yi's expression changed: "You want to sign these documents publicly? These documents are internal compliance materials!"
Lin Chuyue refused to back down: "Shareholders' voting rights cannot be taken away by any procedure. Since we're going to use a grey market, let's do it openly and honestly."
Cheng Yi was stunned, while Lin Zhengguo gritted his teeth: "Chu Yue, you're cornering me!"
The audience held their breath, stunned by her words: Behind the backroom deals, those so-called "authorization letters" had become the biggest threat. If fully exposed, Cheng Yi and his father's scheme would be exposed.
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VI. The Collapse of Trust and Choice
The electronic screen was immediately shut down, bringing the organizers to a standstill. Cheng Yi and Lin Zhengguo began arguing in hushed tones, while Gu Yanchuan quickly went on stage to assist Lin Chuyue: "Please calm down, everyone. We are retrieving the original authorization letter. Please have your staff upload it immediately!"
In the seating area, an elderly man with white hair stood up and questioned Lin Zhengguo: "You said you wanted to 'stabilize the stock price,' but now you're using grey market trading to deprive us of our right to speak. Are you still a director who 'serves the shareholders'?"
Lin Zhengguo retorted angrily, "Don't misunderstand! I've always been protecting the group...!"
The old man coldly replied, "You're only protecting yourself! I don't want to hear any more of your empty talk."
The atmosphere was tense, and some people in the audience heckled: "Remove Lin Zhengguo!" "Replace him with a temporary supervisory board!" "Vote now!"
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VII. Data Exposure and Crisis Resolution
At this moment, the IT team behind the scenes took immediate action, the live streaming system was brought back online, and the large screen began to scroll through the list of signatories and signing times of the "Dark Market Authorization Letter," comparing each item with the shareholder list presented on-site.
Cheng Yi exclaimed, "This is a disguised leak of personal information, which is suspected of being illegal!"
Lin Chuyue said calmly, "The right to vote is inherently superior to privacy. If you want to use it to decide my fate, you must also accept that it will be tested!"
The shareholders in the audience checked the list again and found dozens of people who were not present at all: including senior executives of Cheng Yi Fund, a shell company of CR Consortium, and two old shareholders who had already retired.
People's hearts instantly turned in favor of Lin Chuyue. Applause and cheers rang out continuously. Cheng Yi and Lin Zhengguo's expressions changed completely: in this situation, they had been caught in their own trap.
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VIII. The Final Vote and the Do-or-Die Battle
The host announced again: "We will now proceed with a show of hands vote on the 'Merger and Integration Proposal.' Shareholders, please raise your green cards to indicate your support for the merger; red cards to indicate your opposition."
Lin Chuyue wore a calm smile, Gu Yanchuan and Luo Zhen stood on either side, and Shen Yanyan held the proposal materials, preparing to take notes.
Voting began, and the crowd erupted in applause and shouts of approval. Meanwhile, the data entry area was bustling with activity.
Merging supported: 62.4%
Oppose the merger: 37.6%
The numerical values were clearly displayed on the large screen, while the results from the "dark pool" next to it were completely invalidated.
Cheng Yi's face turned ashen, and he abruptly stood up: "What kind of procedure is this? Today's result is completely unrepresentative! I will request an emergency judicial review!"
Lin Chuyue looked directly at him: "A review is possible, but before that, you must first lift the freeze on the fund account and return the assets that have been frozen to our company."
Cheng Yi was speechless and could only grit his teeth and sit down.
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IX. Rebuilding Trust and the Difficulty of Bridging Rifts
After the shareholders' meeting, Lin Chuyue stepped onto the stage—this time, she didn't have the golden hammer, only a microphone and her gaze.
"Thank you for your trust. Today we have relinquished the voting rights that truly belong to the shareholders and have also uncovered the culprits behind the scenes. Going forward, I will personally lead the new energy project and execute it in a compliant and transparent manner. Anyone who tries to use back channels or circumvent proper procedures will be severely punished."
Applause rang out again, but behind Lin Chuyue, Gu Yanchuan and Shen Yanyan exchanged complex glances. She knew that victory was not the end; the rift in trust had deepened, and the conflict within family ties would be difficult to mend in a short time.
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X. Epilogue: The Real Game
That night, undercurrents surged between the "Vision Fund" and the "Long-Term Fund." Lin Yun posted on social media: "The shareholders' meeting is just a performance of power; the real battle is in the deep sea of law and capital." At the same time, she quietly convened the remaining signatories of the black market fundraising in a black market fundraising group to discuss the next steps for "judicial review."
Cheng Yi also sent a text message to Lin Zhengguo late at night: "If we can't get 500 million from the new merger, we will launch the next round of capital offensive."
Lin Zhengguo tossed and turned late into the night, staring at the words of betrayal on his phone screen, and finally understood: the war between father and daughter had far exceeded any of his and Cheng Yi's calculations.
On the top floor of the "Cloud Meeting Room," Lin Chuyue returned to her office and quietly looked out at the night view—today's victory was merely the prelude to the next storm.
“Tomorrow,” she whispered to herself, “I will keep this game with me.”
In the dead of night, there was no turning back.
— End of Chapter —
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