The richest man started taking advantage of loopholes after joining Alibaba.
Chapter 285 Either shut up or get out!
Late at night at 23:00.
Top-floor conference room of the Weiguang Building.
It was raining heavily outside the window.
The torrential rain of late autumn pounded against the glass curtain wall, as if countless hands were frantically pounding, trying to break into this suffocating space.
The conference room was full of people.
SoftBank, Sequoia Capital, Goldman Sachs... these financial giants who usually wield immense power on Wall Street and in Lujiazui all looked more grim than dead men at this moment.
A newly published financial magazine was on the table.
The cover features a photo of Lin Che, marked with a prominent red cross.
The headline is startling: "A Glimmer of Light Fades: Unicorn or Money Devourer?"
"President Lin."
The one who broke the silence was Mr. Xu, the head of SoftBank China.
He pushed up his gold-rimmed glasses, his voice suppressing anger and a hint of barely concealed panic.
"Please explain."
"In less than six hours after the investigation team arrived, our valuation in the secondary market had already fallen by 30%."
"I just received a call from Mr. Masayoshi Son at headquarters while I was in the elevator. He asked me if I had thrown hundreds of millions of dollars into a Ponzi scheme."
Mr. Xu slammed his phone on the table.
The screen is lit.
That was pre-market data before the US stock market opened.
A desolate green.
"A Ponzi scheme?"
Lin Che sat in the main seat.
He wasn't wearing a coat; the top two buttons of his white shirt were undone, and the sleeves were rolled up to his elbows.
He was twirling a fountain pen in his hand.
He doesn't look like a CEO on the verge of bankruptcy; he looks more like a college student listening to a lecture.
"Mr. Xu, you actually believe these tabloid stories?"
"I only trust regulators!"
Mr. Xu suddenly stood up, the chair screeching as it scraped against the floor.
"Who is Zhang Zhengyi? The companies he's investigated are practically ancient, their graves overgrown with weeds!"
"The regulators are now classifying your actions as 'reckless' and 'illegal fundraising'!"
"Lin Che, you're too arrogant."
Another shareholder, a white executive representing Goldman Sachs, also spoke up, speaking in broken Chinese.
Negative interest rates? Whitelist? No credit check?
"This is suicide."
"We invest in you to make money, not to go crazy with you and challenge the central bank."
In a short time.
The meeting room erupted in chaos.
Accusations, complaints, and the sound of banging on the table filled the air.
Like a pack of wild beasts locked in a cage, they roared at their keeper.
They were scared.
I'm really scared.
With the ship "Glimmer" about to hit the iceberg, their only goal was to force Lin Che to turn the rudder back before the ship sank.
Or, throw him down.
That's enough.
Lin Che suddenly stopped writing with his pen.
With a "snap".
Slap it on the table.
The sound wasn't loud.
But as if by some kind of magic, it instantly cut off all the noise.
Lin Che raised his eyelids.
There was no emotion in those dark eyes.
It's as cold as the rain outside the window.
"Are you done talking?"
He looked around.
Everyone whose gaze swept over him involuntarily looked away.
That sense of oppression.
It wasn't an act.
That was the stench of blood that had been forged in countless life-or-death struggles.
"Mr. Xu."
Lin Che looked at the person in charge of SoftBank.
"When you were begging me for money, you said Weiguang would be the next Alibaba."
"Now that we've encountered a little rough seas, you're thinking of jumping ship?"
"This isn't a storm! This is a tsunami!" Mr. Xu gritted his teeth. "Lin Che, you must immediately stop the 'negative interest rate' plan! Bow down to the regulators! Admit your mistakes! Rectify!"
He took a document out of his briefcase.
He shoved him hard in front of Lin Che.
Resolution Regarding the Business Rectification of Weiguang Technology and the Suspension of the CEO's Authority
"This is a decision made by the board of directors."
Mr. Xu's voice was trembling, a mixture of excitement and fear.
"We are going to remove you from your position as CEO."
"A professional management team will take over Weiguang and cooperate with the investigation team in its liquidation."
"Sign it."
"This is the only way you can leave with dignity."
Dead silence.
Everyone held their breath.
Xie Yu stood in the corner, his fists clenched so tightly they cracked. He wanted to rush forward, but Lin Che stopped him with a single look.
Lin Che picked up the resolution.
I flipped through it.
"Remove me?"
He smiled.
He was laughing so hard his shoulders were shaking.
It was like hearing the funniest joke in the world.
"Mr. Xu, have you forgotten something?"
Lin Che threw the document back onto the table.
Stand up.
With his hands on the table and his body leaning forward, he looked like a lion ready to pounce.
"AB shares".
"Different voting rights for different shares".
These three words were uttered.
Mr. Xu's face turned deathly pale instantly.
It felt like being slapped in the face.
In the financing agreement at the time, Lin Che insisted on one bottom line: he had a veto right, and each Class B share had 10 times the voting rights.
this means.
Even if all the shareholders present combined hold more than 51% of the shares.
On voting rights.
Lin Che has veto power.
"As long as I'm alive."
"The glimmer of light is surnamed Lin."
Lin Che picked up the recall resolution.
"Sizzle—"
A crisp tearing sound.
In the quiet conference room, the sound was so jarring it was startling.
a bit.
Two times.
The document that represented the will of capital became worthless in Lin Che's hands.
A long and detailed account.
It landed on Mr. Xu's expensive Armani suit.
"you……"
President Xu pointed at Lin Che, trembling with rage, "Lin Che! This is dictatorship! You're dragging everyone down with you!"
"Yes, it's dictatorship."
Lin Che patted the scraps of paper off his hands.
His eyes became incredibly ferocious.
"I earned the money."
"I paved the road."
"We are where we are today because I dare to do what you dare not do."
"Now you want to seize power?"
Lin Che walked to the conference room door and suddenly flung it open.
A cold wind blew in.
The wind made everyone's clothes flutter.
"The door is there."
Lin Che pointed outside.
"Anyone who wants to withdraw their investment, get out now."
"I'll buy it back at half the current valuation."
"Afraid to back out?"
"Then shut up."
"Sit still on the ship and watch how I steer it into the New World."
Nobody moved.
No one dared to speak.
Withdraw your investment? Offer a 50% discount? That's a loss of billions of dollars. Who would be willing to do that?
Capital is greedy.
It is also cowardly.
Faced with absolute violence and power, they chose silence.
President Xu stared intently at Lin Che.
finally.
He slumped back into his chair.
It looks like a defeated rooster.
"Lin Che..."
Mr. Xu's voice was hoarse, "You'll regret this. There's a hearing tomorrow. If you can't produce data that convinces the regulators..."
"At that time, we won't even need to lift a finger; the law will judge you."
No need for you to worry.
Lin Che coldly uttered a sentence.
Meeting adjourned.
……
Five minutes later.
The shareholders left.
Filled with resentment and fear.
Only Lin Che and Xie Yu remained in the conference room.
The smell of gunpowder from the recent battle still lingered in the air.
Xie Yu stepped forward and picked up the scraps of paper from the ground, one by one.
"Boss..."
Xie Yu's voice was low, "Can it really work? There's a hearing tomorrow, and that Zhang Zhengyi will definitely try to destroy us."
"and……"
"Are our bad debt ratio figures really presentable?"
Xie Yu wasn't really sure himself.
During these three months, although Weiguang had been lending money at a frenzied pace, he, as the CTO, did not see the final audit report.
That was a top secret personally encrypted by Lin Che.
"Xie Yu".
Lin Che walked to the window.
It's still raining.
The city lights became blurred in the rain.
Do you think those young people will pay back the money?
Xie Yu was stunned for a moment.
"Probably...right? After all, Weiguang Credit not only allows you to borrow money, but also waives deposits and provides social networking opportunities..."
"That's human nature."
Lin Che turned around.
He pulled a black, encrypted USB drive out of his pocket.
It was thrown to Xie Yu.
"Let's decipher it."
"This is the audit report that PricewaterhouseCoopers just released."
"Print it out."
"Take him to the hearing tomorrow."
Xie Yu hurriedly caught the USB drive.
Plug it into the computer.
Enter the key provided by Lin Che.
The screen flickered.
A red PDF file popped up.
Xie Yu only glanced at the number on the cover.
He froze completely.
It was as if I had been struck by lightning.
Pupil earthquake.
His mouth was wide open, but not a sound came out.
"This...how is this possible..."
Xie Yu rubbed his eyes, thinking he was seeing things.
"Boss...boss..."
"Is this for real?!"
Lin Che looked at Xie Yu's expression, as if he had seen a ghost.
A genuine smile finally appeared on his lips.
He walked over.
He patted Xie Yu on the shoulder.
"Get your suit ready."
"tomorrow."
"I want to use this number to teach a lesson to the Chinese financial community."
"A lesson about 'trust'."
Lin Che glanced at the dark night sky outside the window.
The rain stopped.
"Since they want to see a miracle."
"Then I'll give you the miracle."
"Smash it in their faces."
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