364 Rat Swallowing an Elephant! (1/2)
Ye Lingchen stopped in his tracks and considered for a moment before looking at Ouyang Qing. ”How much shares are you confident in purchasing?”
”These people are already on edge. I'm confident in purchasing over 30 percent!” Ouyang Qing claimed, ”Together with the 30 percent we're passing over to you, you'll have 60 percent of the shares.”
60 percent of the company's shares would ensure Ye Lingchen's position as the major shareholder, giving him the right to decide on Wanrong Automobile Group's fate.
Ouyang Qing was unresigned, but there was nothing she could do. Compared to that, Wanrong Group's downfall was a fate she hated more.
”Mr. Ye Lingchen, I hope that you'll treat Wanrong Group well.” Ouyang Qing stated while looking at Ye Lingchen.
”Hehe, relax. Once Wanrong Automobile Group becomes my company, it'll naturally be different from before.” Ye Lingchen laughed. His tone was filled with confidence. ”By then, autonomous vehicle technology would only be the beginning.”
He already had plans to form a technological company. Wanrong Group's foundations were sturdy. Given such a chance, he would be stupid not to purchase it.
”Try your best to buy over all the shares from the other shareholders!” Ye Lingchen's eyes glowed as he looked at Ouyang Qing. ”When you go back, do as I tell you to…”
It was Sunday, a very ordinary weekend. However, news regarding Wanrong Automobile Group was still all over the place. At that moment, all sorts of negative news came one after another. Within those two short days, Wanrong Automobile Group suffered an estimated loss of over 100 million!
Naturally, the 100 million was not actual assets, but instead a sum of their reputation, canceled contracts, and other legal fees added together.
All in all, Wanrong Automobile Group's losses could only be described as disastrous. For a megacorporation, they immediately sunk to a third-rate company, with the dangers of dissolution hovering over them.
However, even under such circumstances, an unbelievable piece of information that almost triggered the entire internet was leaked.
On Y Cosmetics' Weibo, they would occasionally educate people with some handy makeup tricks, and their monthly lucky draw was also carried out on Weibo, leading to a massive following, thus making them a VIP on Weibo.
On that day, a lot of people habitually turned on Weibo, hoping to see Y Cosmetics' updates. However, they were stunned after they logged onto Weibo, thinking that they had clicked on the wrong Weibo account. Leaving the page and entering again, they were stunned once more.
'What's the matter? Y Cosmetics' Weibo announcement had a bug?'
The comments underneath it exploded with activity.
[F*ck! WTF! Y Cosmetics is planning to acquire Wanrong Automobile Group?!]
[Previous post you dumb*ss! If you have money, you can even buy over Mars.]
[This plot twist is beyond my expectations. My brain is feeling numb. What's going on?]
[Us drama watchers don't understand at all. I rate this move zero points.]
[Leaving aside the acquisition across a different industry, why are they purchasing a company that's going under soon? Does Y Cosmetics have too much money?]
[Awesome! Seems to me like a rat just swallowed an elephant. This is just too amazing…]
…
Apart from those watching the drama, even other industries were stunned. A cosmetic store acquiring an automobile company. Not only was it unheard of, it was also unimaginable. That was definitely the weirdest thing that they had seen in this world.
Wanrong Automobile Group was already at the forefront of news reporting. With this piece of news, it gained even more popularity. During that time, news of it was everywhere!
Many reporters rushed to Wanrong Automobile Group's headquarters to confirm the validity of this news. Some of them even went to Y Cosmetics for confirmation.