Chapter 805 - 300: Threatening Yu and Getting Handled by Yang Chen_5

Chapter 805: Chapter 300: Threatening Yu and Getting Handled by Yang Chen_5

Yu’s statement was like a bombshell that exploded across the internet.

Thousands of students from Wanyou Education Group panicked and quickly called the outlets they paid to demand refunds.

This is akin to a bank run; when only a part of the people withdraw money, the bank can operate, but if everyone does, no bank can withstand it, leading to a stampede.

Yu’s reputation and personal image are undoubtedly much stronger than Tong Hu’s.

Everyone absolutely trusts him. All the students demanded refunds, which Wanyou Education Group couldn’t handle. The crisis, which could have been delayed for years, exploded immediately.

To prevent Tong Hu and Wanyou Education Group from having any chance to retaliate, and to draw the attention of relevant departments to mitigate the students’ losses, Yang Chen organized the materials unearthed by Shield Security Group and sent them to Yu, instructing him to publish them on his personal social media accounts like Weibo.

Yu swiftly complied, instantly posting updates on Weibo, Douyin, and other platforms.

"These are the pieces of evidence found by my strategic partner; I urge all friends to verify and supervise. Additionally, I’d like to say a word to President Tong—sorry, but I’m just this ignorant."

Tong Hu, who was preparing to retaliate, saw so much evidence—email exchanges, text message records, bank statements, internal meeting recordings and videos—and immediately decided to abandon resistance.

Run!

This was his only thought!

But as soon as he stepped out of the villa gates, he was blocked by Shield Security Group personnel.

Since Yang Chen intended to bring him down, he naturally wouldn’t leave him any escape route.

Before long, the police arrived and directly took him away, even sealing off his villa.

With the evidence unearthed by Shield Security Group, the police didn’t need much effort to straighten out the case.

Faced with solid evidence, Tong Hu didn’t have any chance to argue.

He didn’t even understand who he ultimately lost to, now set to spend the rest of his life in prison.

Yu called Yang Chen.

Yu: "President Yang, impressive! Haha... The police have already caught Tong Hu and his associates; faced with the solid evidence you provided, they couldn’t even argue and just confessed. Involving tens of billions in funds, even if they don’t die, they’ll spend their lives in prison. President Yang, you’re genuinely impressive, managing to wrap them all up in just a day."

Yang Chen: "These are just minor details. Later, I’ll register a new company to absorb the goods from Star Investment; Yu, you can add 5% for me, which should give me around 25% equity. But obviously, that’s not enough, and I don’t want others to reap the benefits. I hope you, as the major shareholder, will organize a targeted issuance to raise my equity to around 35%. As agreed before, I’ll retain voting rights but won’t interfere with daily operational management, and I’ll vote alongside you at shareholder meetings. Any problem?"

Yu: "No problem, we’ll go according to President Yang’s wishes. What about our livestream commerce?"

Yang Chen: "I’ll quickly arrange for things on my side, and then we’ll take the hosts along the west district, broadcasting as we go."

Yu: "Haha... Alright, it’s settled then. We’ll work separately and hope to quickly get the company back on track."

Yang Chen: "Mm. Let the six teachers Yu kept start the broadcast. While it’s not yet popular, with fewer viewers, let them get used to it first."

Yu: "Okay! I’ll have them start broadcasting tomorrow, pairing up, working in three shifts. President Yang can also watch if he has time; our Douyin live account is called ’Eastern Selection’."

Yang Chen: "Mm. I’ll watch if I have time. I’m hanging up, I have to go run some errands."

The live broadcasts on the Eastern Selection account represent an opportunity for Eastern Education Group and a trial for Yang Chen.

If this attempt succeeds, Yang Chen can engage the hosts under Star Entertainment in the livestream commerce.

Nowadays, whether it’s hosts, celebrities, or businesses, almost everyone is involved in selling goods on various platforms.

Consumers are also accustomed to a lifestyle where they can satisfy their needs without stepping out of their homes; failing to capture a share in the commerce market would mean missing this opportunity.

...

Yang Chen logged into the Bibi account and picked up a female passenger.

The passenger was young, with a naive look on her face, presumably a fresh graduate.

After a while, the female passenger suddenly said to Yang Chen: "Driver, my name is Zhang Jingmei, what should I call you?"

Yang Chen: "My surname is Yang."

Zhang Jingmei: "Hello Brother Yang. Can I ask for a favor?"

Yang Chen: "What favor? Speak."

Zhang Jingmei: "It’s like this, I’m heading to Ju Xiang Creative Design Co., Ltd. for an interview. Could you pretend to be an applicant, go in for the interview first, and then come out and tell me about their interview process?"

Yang Chen: "Isn’t this cheating?"

Zhang Jingmei: "Yes, I know it’s not good. But you see, I’m particularly introverted and afraid to interact with people. I’ve interviewed with many companies; they are generally satisfied with my designs but dissatisfied with my communication skills. Maybe I’m just a bit socially anxious. I’m worried that this company will also have the same communication issues leading to rejection. If you go in first, note down their interview content, and tell me, I’ll be better prepared for the interview. This might improve things. Please, Brother, if I can’t find a job soon, I won’t have enough money to spend."

Social anxiety might sound nonsensical, but some people indeed suffer from it.

Let him communicate through the internet and words, and he can paint a world full of wonders for you, but face-to-face, he might not say a word, especially with young people just out of school where such cases are most common.