roccoschili Chapter 586 Intense Hearing
Chapter 586 Intense Hearing
At six o'clock in the morning, the temperature in Shanghai suddenly dropped, and a cold wind blew against the glass curtain wall of the Lin's Building. The sky was as dark as ink. Today was the day of the hearing for the "Vision Fund Acquisition Case". Lin Chuyue stood in front of the dressing mirror, wearing a minimalist dark blue suit, her expression solemn, like a general going into battle in armor.
Gu Yanchuan stood behind her, fastening her cufflinks. Their eyes met, but neither spoke a word. An unprecedented tension and chilling atmosphere filled the air.
"Today, we must do more than just protect the Lin family."
"We must also protect each other."
Lin Chuyue nodded slowly, and when she turned around, there was no fear in her eyes.
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I. Opening of the Hearing: A Silent Battle
At 9:00 a.m., the hearing was held in the conference hall on the top floor of the Financial Building. The media broadcast the entire hearing live, and all representatives related to the Lin family, Vision Fund, and Lin Yun Capital were present.
On the stage, three commissioners from the China Securities Regulatory Commission sat in the center, flanked by Lin Chuyue's side and Lin Yun's camp. Gu Yanchuan and Luo Zhen represented the Lin family, Shen Yanyan attended as a special advisor, and Gu Jingzhou made an unexpected appearance—not representing either side, but as a "senior financial consultant" who was specially invited to attend.
His appearance caused an uproar among the crowd.
The media turned their cameras and microphones towards the Gu family, and the topic quickly became a trending topic on social media.
[The "Lin Family Dispute" evolves into a "father and son appearing together"!]
[Gu Jingzhou and Gu Yanchuan rarely appear together; is a family storm intensifying?]
Lin Chuyue and Lin Yun face off today!
But Lin Chuyue on stage remained unfazed, her eyes sharp as blades. She knew that today was not just a clarification of the fund acquisition case, but a battle between power and truth.
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II. A Battle of Wits: Lin Yun's Offensive
At the beginning of the meeting, Lin Yun spoke first.
She wore a striking black and white dress, exuding elegance, yet her tone was sharp: "The biggest problem with this merger is the serious lack of transparency in the Lin Group's shareholding structure. Gu Yanchuan, as a senior executive of the Lin Group, privately manipulated the voting through a grey market platform, attempting to circumvent the true assessment of the merger agreement."
As soon as she finished speaking, the entire room erupted in commotion. Lin Chuyue slowly stood up, her gaze sharp: "Please provide concrete evidence of your so-called 'under-the-table dealings'."
Lin Yun smiled and pointed to the screen, which then played a surveillance video showing someone remotely logging into the backend system late at night, attempting to manipulate the voting data. The IP address indicated that it belonged to the hotel where Gu Yanchuan had previously stayed.
Gu Yanchuan said coldly, "I wasn't in the room that day at all. I went to find my father. There's CCTV footage to prove it."
Lin Yun said calmly, "Surveillance footage can be faked, and time can be changed, but the cash flow doesn't lie." With a wave of her hand, a set of bank transaction details appeared on the screen, showing several transactions flowing from "Chenxin Capital" to an "anonymous account," where they were used to purchase Lin's stock options.
Lin Chuyue frowned. The transaction did indeed appear in their internal system, but the flow of these funds was outside Gu Yanchuan's control.
Gu Yanchuan suddenly stood up: "This money was not transferred with my authorization at all!"
A CSRC official frowned: "Mr. Gu, we will investigate the facts, but please maintain order."
As Lin Yun sat down, her cold gaze swept over Lin Chuyue, as if to say, "You think you're well-prepared? I have a backup plan."
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III. The Counterattack: Lin Chuyue Breaks the Stalemate
When it was Lin Chuyue's turn to speak, she abandoned her usual composed demeanor and spoke clearly, getting straight to the point: "The reason this merger has triggered such a huge public outcry is because Lin Yun and her capital camp deliberately manipulated the media. We have a copy of the secret agreement between Vita Holdings, a shell company she registered in Hong Kong, and Cheng Yi Capital."
Lin Chuyue clicked the remote control to project a scanned copy of the agreement, which clearly stated that if Lin Yunfang successfully acquired a controlling stake in Lin's Vision subsidiary, Vita Holdings would receive priority dividend rights within two weeks, far exceeding the normal market rate.
A CSRC official looked surprised: "Is this contract genuine?"
Shen Yanyan immediately added, "The evidence has been notarized by a Hong Kong lawyer and is authentic and valid."
Lin Yun's expression changed drastically. She hadn't expected Lin Chuyue to be able to uncover Vita's secrets, and she certainly hadn't expected the agreement to be exposed.
Lin Chuyue pressed her advantage, saying, "This is no longer a business integration issue, but involves suspected transfer of shareholder interests and even market fraud."
After these words were spoken, Lin Yun's camp fell silent for a moment.
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IV. Gu Jingzhou Speaks Out: Father-Son Conflict Becomes Public
As the hearing drew to a close, a CSRC official stated, "Before voting on the recommendations, we will hear independent opinions from those who attended the hearing."
Gu Jingzhou slowly rose, dressed in a gray cashmere suit, his gaze steady and cold. He scanned the room, his gaze lingering on Gu Yanchuan for a few seconds before he spoke in a deep voice:
“I opposed Yanchuan’s involvement in the Lin Group merger because I knew it would be a muddy battle. But now it seems that this battle is not just a simple business decision.”
He paused, then looked at Lin Chuyue:
“The Lin family does have problems. But the root of the problem is not Yan Chuan, nor Lin Chu Yue—but those who tear apart the company’s governance for their own selfish interests.”
Upon hearing this, Gu Yanchuan was stunned, and Lin Chuyue looked at him in disbelief.
Gu Jingzhou, unusually, sided with them.
“I, Gu Jingzhou, have been ruthless all my life, but I am not stupid. If Lin Yun were to take control of the Lin Group, it would become a tool for financial arbitrage within three years. What I want is a living company, not an empty shell.”
Gu Jingzhou's decisive decision abruptly changed the atmosphere of the entire hearing.
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V. Covert Power Struggle: Betrayal and New Rifts
But just when everyone thought the situation was settled, the representative of the China Securities Regulatory Commission announced:
"Finally, we will play an 'anonymous whistleblower video' that alleges that Lin Group insiders deliberately suppressed the approval rate of minority shareholders' resolutions in order to consolidate their controlling stake, which is suspected of violating Article 47 of the Company Law."
In the video, an audio recording is played, the sound is muffled but vaguely discernible:
"President Lin said that as long as these minority shareholders are given a little incentive, none of them will dare to vote against it."
Although the source of the sound has not been confirmed, it has caused a great uproar.
Lin Yun immediately stood up and sneered, "Lin Chuyue, haven't you always been high-profile and transparent? Explain yourself, whose voice is this?"
Lin Chuyue's face turned pale. She had never said such a thing; the recording was likely edited and fabricated. But at this critical juncture, any explanation would be tantamount to a cover-up.
Luo Zhen's face was ashen. He whispered, "We've been betrayed. Someone leaked the information from within... It could be Cheng Yi, or it could be..."
Before he could finish speaking, Shen Yan suddenly whispered, "Or perhaps, it's someone from within our ranks."
Their gazes all fell on Luo Zhen.
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VI. Before the final vote: The collapse of trust
As the meeting drew to a close, the China Securities Regulatory Commission (CSRC) announced: "Until the authenticity of the recording is thoroughly investigated, the final ruling of this hearing will be postponed for three days, during which time the implementation of any merger proposal will be suspended."
As the crowd gradually dispersed, Lin Chuyue remained seated, her fingers gripping the back of the chair so tightly that her nails turned white.
Gu Yanchuan stood beside her, his voice low and deep: "Don't be afraid, we still have a chance."
She gently shook her head: "I'm not afraid of failure, I'm afraid... that we'll trust the wrong person again."
As she said this, her eyes held unspeakable pain and deep distrust.
Luo Zhen stood at the doorway, glanced back at them, his eyes dark. Shen Yan followed closely behind, his expression equally inscrutable.
This battle has no winners or losers; it only exposes more rifts and anxieties.
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VII. Epilogue: The Heavy Rain Is Coming
As I left the venue, a torrential downpour began, and the sky hung low, as if swallowing the city whole.
Lin Chuyue stood in front of the Lin Group building, letting the rain soak her shoulders, the recording echoing in her ears.
"These minority shareholders, as long as you give them a little something..."
Who was it? Who pressed the trigger on that bomb from behind?
She closed her eyes, and a voice slowly rose in her heart:
"You think the enemy is only coming from one direction? They might be right next to you."
Amidst wind and rain, the situation remains unstable.
Next chapter preview
Gu Yanchuan secretly investigated the "source of the recording" and discovered that an acquaintance was suspicious;
Lin Chuyue and Luo Zhen had their first serious face-to-face conflict;
Taking advantage of the situation, Lin Yun orchestrated an increase in foreign investment, intending to gain full control.
An old case is unexpectedly uncovered, revealing a premeditated financial scheme that took place many years ago.