Chapter 542 Trust Game
Chapter 542 Trust Game
As dawn broke, Lin Chuyue meticulously refined the "third-party management" plan at the cold glass table in the "Cloud Meeting Room" on the 28th floor. Tang Nian brought over two cups of coffee, her eyes filled with worry: "President Lin, there are less than twenty-four hours left until Emma Wei's deadline. The pressure from the board of directors is increasing, and many long-term shareholders are concerned that the external supervisory board will erode the family's influence..."
Lin Chuyue took a sip of coffee, her eyes sharp: "I understand. But to keep them on their toes, we must provide a concrete mechanism that preserves the original intent of the trust while also meeting the investors' oversight needs. At the shareholders' meeting later, I want this proposal to gain the approval of the greatest common denominator."
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I. Emma Wei's Inquiry
At 10:00 AM, representatives from Dawn Biotech, along with Polaris Capital and several international investment banks, arrived at the headquarters. An emergency meeting for "special approval from investors" was convened. Lin Chuyue and Gu Yanchuan attended side-by-side, and Emma Wei initiated the discussion:
“We respect your family’s trust history, but after all, a $500 million project is not charity. It must be stated in the trusteeship agreement that no part of the project funds may be used without the unanimous consent of the three supervisory boards. Otherwise, the funds will be frozen immediately and losses will be compensated.”
Gu Yanchuan stepped forward, his voice leaving no room for doubt: "I understand your concerns, but a 'three-party supervisory board' would paralyze decision-making. We suggest a 'two-party supervisory board plus an independent overseas expert' and an emergency joint review procedure to make a decision on whether to use it within 24 hours, with a maximum of 48 hours."
Inside the meeting room, Emma stared intently at him and Lin Chuyue for a long while before nodding: "I can consider it. But please provide a specific list and a draft review process. If you cannot submit them on time, I will terminate the letter of intent."
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II. Shareholders' Meeting Reignites Battle
At 3 PM, the board of directors convened again on short notice, focusing on the "third-party trusteeship and supervisory board" proposal. Lin Yun immediately rebuked, "Introducing independent supervisors will only allow strangers to interfere in family affairs! Your so-called 'emergency joint meeting' is actually setting up a backdoor for overseas capital!"
The long-time shareholder, Director Zhang, echoed, "If any problems arise, the family will bear full responsibility!"
Lin Chuyue retorted without backing down: "Family interests are not a series of closed stories; they concern the group's external credibility. Without appropriate oversight, the Shuguang Bio project will truly be aborted!"
The situation became tense again. Gu Yanchuan stood up and looked directly at Lin Yun: "Yun'er, if you are truly concerned about the family, please provide your explanation for the whereabouts of the 'Tianyao Emergency' funds before discussing whether others can enter!"
Lin Yun's expression changed, and she was speechless.
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III. The Father's Ultimate Question
In the afternoon, Lin Zhengguo suddenly appeared outside the meeting room. After Lin Chuyue stepped down, the father and daughter confronted each other alone.
“Chuyue, you’ve once again put the family in the spotlight.” Lin Zhengguo’s voice trembled. “What exactly do you want? The remaining funds in the trust are insufficient for emergencies—and you still want to use them for ‘bridge loans’?!”
Lin Chuyue's gaze was icy: "Dad, I took the project's advance payment, not the core of the trust. Every step I've taken can be proven by the accounts and notarized records. If you truly care about the family, then stop using doubts to stop me from moving forward."
Lin Zhengguo's expression twisted, but he could no longer find an excuse and finally fell silent.
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IV. Tang Nian's Key Move
At 6 PM, the board of directors concluded its final group review meeting. Lin Chuyue returned to her office, where Tang Nian had already organized all the documents and draft procedures, and placed a screenshot of an email on the desk:
**“Supervisor Candidate:
1. Dr. Albert Schneider, representative of the Swiss Trustees Association;
2. Susanna Liao, Partner, Singapore International Financial Audit Centre;
3. Walker, Visiting Professor at the Royal Trust Institute, London.
The draft review process is attached: the emergency joint meeting will reach a conclusion within 24 hours and complete a report within 48 hours.
Lin Chuyue took it and smiled with satisfaction: "Very good, it's exactly the neutral yet efficient combination I wanted."
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V. The Climax Before the Breakthrough
At 8 PM that evening, Lin Chuyue, Gu Yanchuan, and Shen Longyan issued a new joint proposal to all directors via the conference system—a tripartite supervisory board and an emergency joint meeting process. Voting was scheduled to begin at 9 PM. At 7:30 PM, dozens of shareholders, media representatives, and regulatory representatives gathered in the company lobby, creating a tense atmosphere.
At 9:15, the host announced the voting:
? In favor (blue light): Lin Chuyue, Gu Yanchuan, Shen Longyan, young shareholders who support the reform, and representatives of Shuguang Biotech, a total of 10 votes;
Opposing (red light): Lin Yun, 3 existing shareholders, and 2 traditional Gu family directors, totaling 6 votes;
Abstention (gray light): Lin Zhengguo and one senior executive from the Gu faction, totaling 2 votes.
The number of votes in favor was just over half.
The conference hall erupted in commotion. The host announced:
"The joint interim management committee proposal has been passed, and the 'tripartite supervisory board + emergency joint meeting' system will take effect immediately."
Lin Yun was once again squeezed into the minority. Her face was as red as moonlight. She turned around and rushed towards Lin Chuyue: "You won! Don't be too happy yet—we'll see how CR and Cheng Yi deal with you tomorrow!"
Lin Chuyue smiled faintly: "If they have the guts, let them try!"
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end:
As night deepened, the lights in the conference room dimmed. The projector finally focused on the photos of the three joint administrators:
Lin Chuyue, Gu Yanchuan, and Shen Yan
"Jointly Protect, Move Forward with Wisdom"
But in the shadows at the far end of the office, Lin Yun and a representative from the Cheng Yi Foundation were whispering and plotting:
"Since we can't get out of third-party supervision, let's find a new channel—next, we'll make a move in overseas stock markets and turn our 'intention to break the deadlock' into a real capital war. Let's see how long they can hold out."
The night wind lifted the curtains, bringing with it the echo of rain. The breakthrough has been made, but the real storm is yet to come.
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End of this chapter
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