I Treat You as My Sister, But You Want to be My Wife?!
Chapter 240 Ugly Eating_1

Chapter 240: Chapter 240 Ugly Eating_1

"Mr. Shen, five hundred million is no small amount, in just over half a year, you’ve made seventy million, making many bigwigs in the investment world envious," Du Xue persuaded.

"Ms. Du, since you are showing so little sincerity, there’s no need for us to talk anymore. I need to get off work and go home for dinner, goodbye."

Shen Dong didn’t want to waste any more words with this woman and hung up the phone directly.

Then he went to find Chen Yuyan, and the two of them left work together and went home for dinner.

...

The next day.

Shen Dong had just arrived at the company when he received a call from Luo Cheng’an, the general manager of Dongyan Investment.

"Mr. Shen, I have two things to report to you," Luo Cheng’an said.

"Go ahead," Shen Dong said.

"The first matter is about the shareholders’ meeting of Dongshan Gold Company on the sixteenth of this month; will you be attending?" Luo Cheng’an said.

"I’ll think about it. What’s the second matter?" Shen Dong asked.

"The second matter is that Yikang Pharmaceutical is planning a new round of financing," Luo Cheng’an said.

Shen Dong wasn’t surprised by this.

The cancer treatment drug in question was still undergoing Phase III clinical trials and couldn’t yet generate profit for the company.

But that was secondary. Even if the drug couldn’t create profit yet, Yikang Pharmaceutical could always take out loans from banks.

The banking sector had already indicated that they were willing to give any amount of money, so long as it wasn’t an outrageous sum, and would approve loans as quickly as possible at the most favorable interest rates to Yikang Pharmaceutical.

The main purpose of the financing was that recently, many large financial consortia related to the pharmaceutical industry wanted to hinder Yikang Pharmaceutical’s development.

Some even wanted to take over Yikang Pharmaceutical.

Yikang Pharmaceutical needed to bring in powerful investors to develop smoothly.

Luo Cheng’an continued, "Mr. Shen, Meng Baitao just called me to ask if we have any intention of selling our shares. If we do, Penguin Group is willing to take them over at double the premium price."

Hearing this, Shen Dong laughed outright.

A double premium might seem generous.

But with Yikang Pharmaceutical’s breakthrough drug, the market value could increase thirtyfold within a year. Now offering double the premium for his shares was like treating him like a fool.

"Tell Mr. Meng that I am very optimistic about the company’s future and will not be selling any shares," Shen Dong said.

"Alright, I’ll reply to him immediately," Luo Cheng’an said.

...

At Yikang Pharmaceutical’s shareholders’ meeting.

Meng Baitao was presiding over the meeting himself.

"Ladies and gentlemen, since Dongyan Investment is not selling any shares, we need to start looking for other solutions," Meng Baitao said.

They wanted to bring the super-capital of Penguin Group into this round of financing.

With Penguin Group’s backing, Yikang Pharmaceutical was certain to develop smoothly.

And with Penguin Group as their backing, no one would dare play any tricks.

Otherwise, they would be crushed by Penguin Group.

However, Penguin Group wanted a significant stake—twenty percent.

None of the current stakeholders wanted to part with their shares.

And the shares held by Dongyan Investment happened to be exactly twenty percent.

Therefore, they hoped Dongyan Investment would be willing to sell their shares,

But contrary to their wishes, Dongyan Investment’s general manager Luo Cheng’an had just replied that Shen Dong was not willing.

"Mr. Meng, Dongyan Investment holds twenty percent of the shares—it’s too much. Even if they won’t sell twenty percent, they should sell ten percent to Penguin Group. With the giant Penguin Group on board, we would become a Penguin-affiliated company, which is self-evidently vital for our company’s future development," one of them said.

A shareholder voiced his dissatisfaction.

As the vice president of the company, it was his idea to have Meng Baitao call Dongyan Investment to ask Shen Dong to sell his shares.

He was also the one dealing with the Penguin Group.

"I agree with Mr. Sun," another fat shareholder said, "Penguin Group’s involvement is crucial for our company, and we need at least to get Shen Dong to sell ten percent of his shares to Penguin Group."

This fat shareholder had a good relationship with Mr. Sun and supported his approach.

"Mr. Sun, Mr. Li, at the beginning of the year, it was Shen Dong’s investment that saved our company from bankruptcy; now that the company has stabilized, it is too unsightly to kick him out. I think we should try to persuade Shen Dong first, and if he is unwilling, then we can think of other ways," Meng Baitao said.

He always felt grateful to Shen Dong.

Without Shen Dong, Yikang Pharmaceutical wouldn’t be where it is today.

"What Mr. Meng said is true. We can’t burn bridges after crossing the river," another shareholder agreed with Meng Baitao’s approach.

"Mr. Meng, Mr. Zhou, the business world is like a battlefield, not a place for loyalty. If you think it’s unsightly or akin to burning bridges, you can sell your shares to Penguin. I have no objections. I certainly won’t sell mine," Mr. Sun said with a cold laugh.

He had some dissatisfaction towards Meng Baitao, feeling that Meng wasn’t decisive or ruthless enough to lead the company to glory.

Penguin Group had already promised him that once they entered the scene, they would join forces with him to convince the other shareholders and let him become the chairman.

"Sun Dehai, you talk to Shen Dong then. Do you think Shen Dong is someone you can easily deal with? Do you think you can just make him sell his shares just because you say so? You should find out what kind of power he has now!" Mr. Zhou threw a document onto the table.

Curious, Sun Dehai and the other shareholders picked up the document to look through it.

"What, Dongyan Investment is a shareholder in Qianda Film and Television!"

Soon, a shout of surprise arose.

The faces of Sun Dehai and the others immediately changed.

Everyone knew that Wang Dalin highly valued the shares of his companies.

Many large financial groups had tried to invest in Qianda Group but were rejected by Wang Dalin.

After all, Qianda Group could always get a loan from the bank whenever they needed money.

As a company with heavy assets, getting a loan with those assets as collateral was not a problem.

Being a shareholder of Qianda Film and Television showed that Dongyan Investment was not so simple.

However, that was not all.

"Hiss... Dongyan Investment also wholly owns Lixing Company!"

The expressions on the faces of Sun Dehai and others changed again.

The hot topic recently has been the national copyright bureau’s crackdown on piracy.

It’s well known that Lixing Company is the biggest winner, valued at over tens of billions.

Many video streaming sites have to be on good terms with Lixing Company.

Otherwise, they won’t sell you the film and television rights, and your video streaming site will have to shut down.

None of them had expected Dongyan Company to be so formidable.

"Sun Dehai, do you still think you can kick out Shen Dong now? Do you realize that by being so proactive, you’re just cannon fodder for Penguin?" Mr. Zhou taunted with a cold laugh.

Sun Dehai’s face looked extremely ugly, and he had nothing to say.

Originally, he thought that Shen Dong only had Dongyan Media and Shuidilao.

By allying with Penguin Group, kicking Shen Dong out would be a piece of cake.

It didn’t occur to him that Shen Dong had become so powerful.

This was not something he could handle, even with Penguin Group’s alliance.

Penguin Group’s insistence on him taking this action was indeed using him as cannon fodder.