Transmigrated as Fat young missy
Chapter 481: Auctioning of shares

Chapter 481: Auctioning of shares

"No wonder the rumors on campus were so fierce. Everyone thought that Senior Qin had really betrayed the company’s interests. After all, as the shareholders of the company, it’s impossible for all three of them to betray the company’s interests just to frame one person, right?"

Someone immediately nodded in agreement, "That’s right. In the beginning, Student Fang Yinglong said that he would let the people from his rival company testify for him. Who would have thought that his competition would betray him?"

"They are now businessmen. They have changed." A student said in disbelief, "For their own interests, they’re willing to sell out the collective interests. This is really too selfish."

"Now that the truth is out, Fang Yinglong, Lu Chengfu, and Pei Lang have nothing to say, right?"

"I feel bad for Senior Qin. He has been wholeheartedly working hard for the development of the company. Not only are some people sitting back and enjoying the fruits of his labor, but they’re also willing to go to great lengths to drive him out of the company for the sake of the interests in front of them."

When Yan Xian rushed over after receiving the news, she heard her classmates talking about the truth.

"Xian, you’re here." When her close friend saw her, she pulled her arm excitedly and said, "Xian, we really misunderstood Qin Mufeng."

Yan Xian’s heart jumped, and then she pretended to be calm and asked in surprise, "Ah, what’s going on?"

Her best friend said excitedly, "It’s like this..."

Then, she told the story one by one. Little did she know that her best friend, who was being held by her arm, turned pale. She looked at Qin Mufeng through the glass with a sharp and guilty look. Her hands were clenched into fists, and her head was slightly lowered. Her beautiful eyes were filled with hatred.

She thought hatefully, ’Qin Mufeng, you’re simply an unkillable cockroach!’

She knew very well that the situation had turned. What she hoped the most right now was that the three of them would be expelled from school and that they would not implicate her. Otherwise, her reputation...

Yan Xian simply could not imagine the consequences that would result from that. How could this be? Her plan was clearly so perfect. She did not expect that she would lose because of this Manager Zhang.

’Manager Zhang, just wait.’

Inside, Qin Mufeng said with a faint smile, "Even if the truth is out now and I have cleared my name, I will not continue to stay in the company because I am disgusted. So, the shares in my hands will be sold. If any of you want to buy them, I’ll auction them off in the student conference room at three in the afternoon!"

Manager Zhang’s eyes lit up, and he immediately asked, "Manager Qin, can we attend it too?"

Qin Mufeng smiled and said, "Of course!"

After the truth about Qin Mufeng and his three business partners was revealed, it quickly spread throughout the entire campus. Many people were shocked by this truth. No one expected that it was really the three partners who joined hands to frame Qin Mufeng. Well, that was not entirely true either. Each of them had individually sold the company secrets without telling each other and then joined hands to frame Qin Mufeng.

The school naturally wouldn’t choose to ignore the actions of Fang Yinglong, Lu Chengfu, and Pei Lang. Most of the teachers and professors in the school admired a talent like Qin Mufeng. Who wouldn’t like such a handsome, smart, capable, and talented student?

Since Qin Mufeng was framed, the school naturally had to take certain measures against the three main culprits who framed him. The culprits definitely couldn’t stay at Beijing University anymore.

Their family had a certain family background in Beijing, and they used pressure to demand that their children not be expelled. If they were expelled from the school, not only would their future be affected, but their family would also lose face.

But what kind of school was Beijing University? It was the number one school in C Nation. It nurtured all kinds of people, and the country’s top leaders were all from Beijing University. So, would the school be afraid of a few trifling family forces?

In the end, Fang Yinglong, Lu Chengfu, and Pei Lang were disgraced and expelled. But they weren’t willing to accept it. They had framed Qin Mufeng because of that woman, Yan Xian. In the end, they were expelled from the school, but she was unharmed.

As for the company, it was their private property, so the school naturally wouldn’t interfere.

At three o’clock in the afternoon, the auction of Qin Mufeng’s shares officially began. In the beginning, Li Fei technology company also intended to participate in the competition, but Manager Zhang gave up on the competition when he got the notes from his superior.

Without Qin Mufeng, the company would be like a ship without any direction. It would only sway in the sea of commerce and eventually collapse. It could fall into the sea at any time and never get up again. Therefore, without Qin Mufeng, there was no point in bidding for the company.

However, there were still many rich and powerful students in the university. They had always envied Fang Yinglong, Lu Chengfu and Pei Lang for being able to start a company on their own, and it was a company with a bright future. Now, the opportunity was right in front of them. If they could bid for Qin Mufeng’s shares, then they would immediately become the majority shareholders of the company.

These people saw the current development trend of Teng Fei technology company, but they did not think that this trend was created by the company’s former majority shareholder, Qin Mufeng.

Of course, some of their classmates could also think of this. However, the reason why they participated in the auction was that they had other plans. They planned to become the majority shareholder of Teng Fei technology company. Then, when the time came, they would hire Qin Mufeng back. That would really be killing two birds with one stone. They had good dreams, but they didn’t consider if Qin Mufeng was willing to come back to the company or not.

Qin Mufeng owned 20% of the shares of the company. With the current market value of 22 million, Qin Mufeng’s shares were worth 4.4 million.

Qin Mufeng started the auction with a starting price of 2 million.

Looking at the meeting room that was filled with people, Qin Mufeng could not help but let out a sarcastic smile, especially when he saw that Fang Yinglong, Lu Chengfu and Pei Lang were also sitting in the meeting room. Their skin was really thick after they became businessmen. Qin Mufeng did not restrict them from entering.

In fact, Qin Mufeng’s goal was to sell these shares to them. Teng Fei technology company was just like the child he raised. He could not give his own child to someone else. He believed it was the same for the other founders.

Qin Mufeng stood in front of the meeting room and said, "The auction of the shares in my hands begins. The starting price is two million. Each bid will be increased by 50,000. There is no maximum bid."

Many people estimated that Qin Mufeng’s shares were worth around four million. Now that the starting price was just two million, many people were eager to give it a try.

Their families were not short of money, and many of them were even the heirs of their families. Perhaps they did not like this small company, but this company could give them some management experience. Plus, it would look good for them.

"2.2 million!"

"2.5 million!"

"3 million!"

"4 million!"

"4.2 million!" Fang Yinglong shouted the price.

"4.3 million!" Lu Chengfu said directly.

"4.8 million!" Pei Lang gritted his teeth and shouted.

In the end, only five people were left to compete. The price was already higher than the market value of the company’s shares. But even so, the three of the shareholders still had to buy the shares. They had single-handedly founded the company, so why should they hand it to others? The new shareholder would even be the major shareholder.

"5,000,000!" Someone shouted again.

When he heard that, Fang Yinglong frowned, then, he discussed with the other two people, "The value of Qin Mufeng’s shares is already higher than the market value. This company was founded by us. I don’t think any of you want to have an outsider as the major shareholder. However, the price is already higher than our expectations. My suggestion is that the three of us first buy these shares together and then, we divide them equally. How about it? This is better than letting an outsider benefit, right?"

After listening to Fang Yinglong ’s suggestion, the other two pondered for a moment and then agreed. After all, this was their own company. If they let others interfere arbitrarily, not only would they feel uncomfortable, but their rights and interests in the company would also be violated.

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