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Chapter 773: Change of Ownership in Mingxuan
Chapter 773: Chapter 773: Change of Ownership in Mingxuan
News of Zhu Junwei’s life imprisonment quickly made the front page headlines of all media outlets in L City. In no time at all, Zhu Junwei became a household name in L City.
Online, this Young Master of the Zhu Family, who brutally poisoned his own younger sister and nephew, was labelled a psychopath. The already plummeting Mingxuan stocks took another hit from these reports, and their price nearly hit rock bottom.
"Ying’er, I made a rough calculation, and it seems like the Mingxuan shares you and baby boy hold combined should already comprise more than thirty percent of the total?"
Zhu Qianying, who is usually buried in books about childcare while lounging on the sofa, looked up at him in surprise at this statement.
Eldest Master Yan stood up from behind his desk and sat beside her, bending down to lightly kiss her eyelids.
"Baby, you didn’t honestly think I wouldn’t know about this, did you?"
A while back, Zhu Qianying had just signed her first seasonal collaboration contract with Cheng Ye. Besides this, she had also signed another agreement with an international brand. The advance payment she received from both contracts amounted to a considerable sum.
In terms of the Childcare studio’s project payments, Eldest Master Yan had been covering them for a while. As such, Zhu Qianying should be in a comfortable financial state.
However, she suddenly told him a few days ago that she had transferred twenty million from his account because there was something she liked and wanted to acquire.
Initially, Eldest Master Yan genuinely thought that what she wanted was an antique or a piece of jewelry.
After all, he was not short of money, and this was the first time Zhu Qianying had asked him for money to buy something ever since they met.
"Hmm, use it as you wish, and you don’t have to specifically tell me. After all, the money belongs to you!"
He knew better than anyone else that Zhu Qianying would not spend a single penny unnecessarily.
Afterward, he didn’t ask her what she used the money for.
That was until earlier when Qin Xiu called to ask him, "Master, the price of Mingxuan Group’s shares seems to have hit rock bottom. Should we buy in?"
After receiving his confirmation, Qin Xiu went on to act.
But soon, Qin Xiu called again, telling him about Zhu Qianying’s massive purchase of Mingxuan shares in the past few days.
Zhu Qianying coughed and laughed awkwardly.
"In fact, I was planning to hold most of the company’s shares before telling you about this."
In truth, she was afraid Eldest Master Yan would stop her because he didn’t want her to exert herself.
"Silly girl, whether it’s yours, baby boy’s or mine, aren’t they all the same?"
Actually, Eldest Master Yan also held a significant number of Mingxuan stocks.
"I should have around twenty percent of the company shares in my hands. Combined with yours and baby boy’s thirty percent, we already own fifty percent of Mingxuan Group. What do you want to do?"
Eldest Master Yan’s words left Zhu Qianying even more bewildered.
"You have twenty percent?"
Eldest Master Yan nodded, "Yes, I was going to give them to you as a birthday present, but with the baby boy’s issue unresolved back then, I thought you might get upset seeing these shares, so I didn’t tell you."
...
Three days later, Eldest Master Yan and Zhu Qianying, along with their lawyer, walked into the headquarters of the Mingxuan Group.
The person temporarily promoted to the position of Acting CEO was the director who had previously persuaded Zhu Qianying to return to the Mingxuan Group.
"Eldest Master Yan, Miss Five, what is this?" The director nervously approached them.
Eldest Master Yan gestured to the lawyer behind him, and the lawyer calmly took out a stack of documents from his bag and handed them to the director.
The director took the documents, read them carefully and looked up with a smile on his face.
"Eldest Master Yan, Miss Five, you’ve finally agreed to take over Mingxuan!"
In the directors’ opinion, it didn’t matter whether the Zhu family or Yan family held the most shares in Mingxuan Group. What mattered was that they could profit from it.
The Zhu Family clearly sees that they’ve been led into a dead end. Without a powerful figure taking over Mingxuan, they would only be awaiting bankruptcy.
Right now, these documents clearly conveyed the message that they would be saved!
The next day, a Board of Directors meeting was held at the Mingxuan Group.
At the table, besides the largest shareholders Zhu Qianying and Eldest Master Yan, there were also An Lan and Shao Shan.
Without a doubt, Zhu Qianying, the largest shareholder, became the new chairman of the Mingxuan Group and immediately appointed An Lan as CEO and Shao Shan as deputy CEO.
Originally, Zhu Qianying wanted her mother, Chen Jing, to return to the Mingxuan Group as the head, but Chen Jing graciously declined.
"Ying’er, you know very well what I’m capable of. If you let me take a management position at the headquarters, it would be a nominal post. I don’t have the skills to handle it. However, I could serve as the head chef, responsible for managing and training all the chefs."
After spending quite some time with Luo Yifan, Chen Jing also underwent significant changes.
She neither underestimated herself nor lacked confidence in her abilities.
Declining the management position proposed by Zhu Qianying and opting to serve as the head chef instead was actually a good thing.
After all, Chen Jing’s reputation was now well established. With her on board, the long depressed Mingxuan Group would surely recover more easily.
Of course, this resurgence differs significantly from the previous epochs of Zhu Zhizhou or Zhu Junwei. It is the dawn of a new era!
And this new era belongs to mother and daughter, Chen Jing and Zhu Qianying.
Since Zhu Qianying is the wife of the owner of the Yanhuang Group, as well as the lady of the Tong Family, her taking over the reins of the Mingxuan Group effectively reassures the shareholders.
Ever since the news was confirmed, the stock price of Mingxuan Group has steadily been on the rise.
As the chairman, Zhu Qianying appeared only in the initial few crucial meetings and later delegated all responsibilities to An Kai and Shao Shan, playing the role of a hands-off manager.
The current situation is partly because she is in the early stages of pregnancy, and even though she doesn’t have any physical discomfort and can eat and sleep well, Eldest Master Yan and the Yan Family wouldn’t want her to overwork herself.
Secondly, what she truly loves is her design work, which is why she bought the Mingxuan Group but doesn’t plan to manage it herself.
Her decision received unanimous support from the Yan Family.
Once things settled down at the Mingxuan Group and the school holidays began for the baby boy, it was already time for baby boy’s birthday.
"Baby, how do you want to celebrate your birthday?"
After dinner, Eldest Master Yan sat down in the living room, holding his precious son and gently tussled his hair while asking.
Baby boy thought for a while, "Can I invite big brother Beibei and big sister Guoguo over to play?"
His request put Eldest Master Yan in a difficult position.
"Baby, your auntie’s baby is almost due. Daddy isn’t sure if they can come over!"
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