NCCnovel Chapter 541 Breaking the Stalemate (Not Yet Complete)
Chapter 541 Breaking the Stalemate (Not Yet Complete)
After the dawn of the trial of the truth, the Lin Group seems to be reborn, but undercurrents have not subsided, and a new round of more brutal competition is quietly unfolding.
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I. Conflicts in the Board's New Decisions
The trust and project audit report released that evening was unanimously approved by the shareholders' meeting, which also approved the formation of a "Joint Temporary Management Committee" composed of Lin Chuyue, Gu Yanchuan, and Shen Longyan to take full control of the core accounts of "Shuguang Trust" and "Tianyao Emergency". The meeting also passed a proposal to increase the number of board seats from 15 to 17 and add two external independent directors to "enhance transparency," to be confirmed at the next shareholders' meeting for re-election.
The following morning, the board of directors at the group headquarters convened again, but the topic quickly turned into a fierce power struggle.
Lin Yun attended with a sneer. She was the first to raise her hand to oppose the proposal to add more seats: "I oppose outsiders taking over the board of directors! This is just Chu Yue trying to tie all power to her small circle and prevent us from touching core decisions!"
Gu Yanchuan immediately retorted: "If you don't want to increase the number of seats, please come up with a reasonable alternative, instead of the old trick of 'family first'."
Shen Longyan added, "The formation of a joint committee by the three of Chuyue is already the optimal solution that combines decentralization of power with supervision. If the old forces are allowed to enter, it will only lead to a recurrence of backroom deals."
Lin Yun and several old shareholders immediately stood up to criticize, and the situation quickly escalated. Lin Zhengguo smiled bitterly to the side, but dared not say anything more—he understood that the rift within the family was deeper than ever before.
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II. The Shaking of International Collaborators
At the same time, Emma Wei, a representative of Polaris Capital, a Canadian private equity firm that is a partner of Sugon Biotech, suddenly sent an email, saying that the investment should not be affected by the "family feud" and demanding that Lin Chuyue provide a "group stability guarantee plan" within 24 hours, otherwise the $500 million investment agreement would be canceled.
This news further shook investors who had just regained confidence. Lin Chuyue urgently convened a project team meeting to address the impending funding gap. Tang Nian took the lead in proposing: "We can use the existing funds from 'Shuguang Trust' for bridge loans, while simultaneously accelerating the project's progress and letting performance speak for itself."
Gu Yanchuan frowned instead: "The trust funds are the last line of defense and cannot be used arbitrarily. How about we have Emma come to China for a face-to-face meeting and present her with the audit report and our complete decision-making process?"
Lin Chuyue nodded: "Okay, let's meet with her this afternoon and face off against all the doubts."
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III. Lin Yun's Secret Plan
That afternoon, Lin Yun did not attend the board meeting, but secretly invited the newly appointed partners of Cheng Yi Fund and CR Group, along with several former associates, to a meeting at the villa's courtyard. She sent screenshots of Tang Nian's "bridging loan" emails and Emma Wei's coercive letter to everyone present.
"See? They're trying to use 'Dawn Trust's' money to prop up the project. Don't you think this is their new 'kidnapping' tactic?"
She publicly declared that she would join forces with CR and Cheng Yi to launch a "second sinking" campaign, focusing on attacking Tang Nian and Lin Chuyue's reputations, forcing them to destroy their image in front of Emma first, and then have the shareholders vote to remove them from office.
A senior CR executive sneered: "The show is about to begin. Next, I will arrange for anonymous media to disclose the full text of that internal email about 'bridge loans' and point to collusion within your so-called 'joint committee'."
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IV. Escalation of Father-Daughter Conflict
Under the cover of night, at the Lin family villa, Lin Zhengguo and Lin Yun confronted each other once again. Lin Zhengguo looked exhausted: "Yun'er, if you keep going like this, even Chuyue won't be able to protect the family business."
Lin Yun stubbornly replied, "Dad, you've forgotten how hard Mom and Dad worked together back then. All I did was restore the family's rightful dignity and interests."
Lin Zhengguo shook his head painfully: "Dignity? Interests? Back then, in your struggle to become the heir, you pushed your sister to the edge of a knife. I... I should have stopped you long ago."
Lin Yun glared at her: "What right do you have to accuse me? You used your mother's trust as a shield back then, and even after driving your mother to her death, you still refuse to admit it!"
The argument between the two became so intense that a security camera downstairs in their neighborhood silently recorded their heartbreaking conversation.
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V. The Meeting Before Dawn
The following morning, Lin Chuyue welcomed Emma Wei and her legal team to the "Cloud Meeting Room" on the top floor of the headquarters, accompanied by Gu Yanchuan, Tang Nian, and Shen Longyan.
At the start of the meeting, Emma reviewed the audit report and legal opinion, and said to Lin Chuyue, "Your team is very meticulous in its work, but investors are more concerned about your internal power struggles and the safety of your funds. I propose that we have a third party hold $500 million of the project funds in escrow, and at the same time establish a 'supervisory board' with two international trust experts recommended by me to serve as supervisors, to prove that our funds will not be misappropriated."
Lin Chuyue pondered for a moment: "I understand your concerns, but the 'Joint Supervisory Board' is only suitable for large projects and is not appropriate for the 'Dawn Trust' - the trust itself is set up to protect the family's interests in case of emergencies. If there is further external interference, it will affect our trust structure under international law."
Emma nodded: "I can only compromise. If a third-party escrow cannot be established, I will reserve the right to withdraw my investment. Please give me a reply as soon as possible."
The atmosphere in the meeting became tense again. Lin Chuyue's face was icy, but she remained calm: "I will give you 48 hours to reply. If you choose to withdraw your investment, please be sure to send us the termination and exit clause of the contract before then, and we will handle the aftermath properly."
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VI. The Oath in the Dark
The moonlight, like water, spilled onto the desk. Lin Chuyue, Gu Yanchuan, and Shen Longyan sat down before the "Cloud Platform":
"These are the last 48 hours," Lin Chuyue said in a heavy tone. "We must counter Lin Yun and CR's second attempt to backfire before this deadline, stabilize shareholder confidence, and give Emma a satisfactory trusteeship plan."
Gu Yanchuan clenched his fist: "I will find Gu Yonghui today and persuade him to support the trusteeship proposal with me, so that CR can no longer unilaterally control public opinion."
Shen Longyan nodded: "I will contact international trust experts with similar cases to provide Emma with an example of an operating agreement to prove that trusteeship is not an interference with the trust, but a normal practice to improve transparency."
Tang Nian walked in at this moment, her eyes no longer filled with fear: "I have completely blocked the data backdoor, and I have also compiled all the evidence to deal with Lin Yun's new round of 'bridge loan' rumors, and I am ready to release it all."
The three looked at each other, their eyes reflecting the weariness of insomnia, but also the determination of dawn approaching.
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End of this chapter