My Virtual Girlfriend

Chapter 552: Dust Settles A Complete Victory!


Chen Yan had not lied.

In fact, he and Yang Rou still held much more evidence about Xu Brothers Film Company.

And once that evidence was brought out, it would indeed be very devastating.

Thus, when preparing to disclose it, Chen Yan hesitated whether to release it all at once.

However, after much deliberation, he decided to hold back for the time being.

There were two reasons for holding back.

First, Chen Yan felt that showing one's hand with a royal flush and four twos was a bit foolish in the game of cards.

Secondly, as Chen Yan had just said, he wanted to give Xu Zhaorong a chance.

Although Xu Zhaorong had always harbored ulterior motives against Chen Yan and was not truly sincere in his allegiance as he claimed,

after all, the analysis was by Chen Yan and Yang Rou.

While there was a 99% chance he intended to 'return from the dead,' wasn't there a 1% chance that he might truly wish to defect?

Therefore, Chen Yan decided to give him a chance to test his real intentions.

If he was genuinely defecting, then although Chen Yan would bring down the Xu Brothers, Xu Zhaorong might be distressed but would still accept it.

If he was not truly defecting, Chen Yan's pressure would leave him no room to pretend, forcing him to retaliate.

Now, the results of the probe were in.

Indeed... there are no miracles in this world.

So, Chen Yan no longer felt any regret or guilt, and was ready to pull out all the stops...

Meanwhile, in Tiandu.

After hanging up Chen Yan's call, Xu Zhaorong did not sit idle.

Although he had always planned to destroy his own company to win over Chen Yan, allowing him to escape like a cicada shedding its skin, it did not mean he lacked a backup plan.

As someone who had stood tall in the entertainment industry for twenty years, each major decision he made surely had a contingency in place.

Hence, he sat back in his CEO chair, picked up his phone, and dialed a few numbers.

But before his call could connect, the door to his office was violently pushed open from outside.

In the company, only two or three people had such "authority."

Therefore, he couldn't help but look up.

He then saw his own brother, Xu Zhaoqing, running in from outside in a panic, stammering, "Brother, brother, something's happened, something's terrible."

Listening to his brother's trembling voice, Xu Zhaorong furrowed his brows and scolded, "How many times have I told you not to panic when something happens?"

"As one of the company's bosses, if you panic, what will the people below do?"

Under normal circumstances, Xu Zhaoqing, after being rebuked by his brother, would likely have lowered his head and admitted his mistake.

But today, Xu Zhaoqing was thoroughly panicked; he didn't care about his brother's criticism and strode over to Xu Zhaorong, handing him the phone.

Seeing his brother in such a state of panic, Xu Zhaorong knew something serious had occurred, so he dropped the scolding and suspiciously picked up his brother's phone to look.

With one glance, he was so shocked that he stood up from the chair!

"This! This!"

He stammered several times without being able to continue.

Then he looked up at his brother and asked, "How could they have such evidence and information?"

Xu Zhaoqing shook his head repeatedly, clearly also unaware.

Xu Zhaorong's lips felt dry, and his gaze once again fell on the mobile phone.

What was displayed on the phone was still the interface of Weibo.

And it was a Weibo post that Zheng Yi had just shared.

[I have good news to report to everyone: the previous whistleblowing has been accepted by various departments. They are currently investigating intensely.]

[Today, I am going to make another real-name whistleblowing against Xu Brothers Film Company for irregularly siphoning off listed company funds, unilaterally changing tax categories, tax evasion, and high-leverage pledging of shares.]

[Through my investigation, since Xu Brothers Film Company went public, they have set up shell companies with celebrities, which the company then overpays to acquire, achieving illegal cash outs.]

[Over the years, they have acquired more than sixteen such shell companies, involving over thirty first- and second-tier celebrities, with the amount involved reaching as much as 9.6 billion.]

[Moreover, almost all of this money comes from stock market financing.]

[To prevent stockholders from detecting anomalies, they disguised these acquisitions as bet against the celebrities. However, due to the low default cost stipulated in their agreements, not a single celebrity fulfilled their part of the bet.]

[As of yesterday, not one of the sixteen shell companies they acquired has met the bet.]

[Furthermore, celebrities normally need to pay up to 45% in personal income tax for acting in films, but through their operations, the celebrities' remunerations were improperly recategorized as company operating income, reducing the tax rate to 5%-20%.]

[This involves unauthorized tax category replacement and tax evasion.]

[Knowing that their actions were illegal and that the company could collapse at any moment, the directors of Xu Brothers Film Company have pledged all of the company's shares over these years.]

[Now, despite being known as the top share of the domestic film industry, the company is actually just a shell!]

[Therefore, I request that the financial regulatory and tax departments intervene and review whether these transactions involve irregularities and whether the companies they have jointly established are suspected of changing tax categories and evading taxes.]

Once this post was out, it immediately caused a huge sensation.

If the previous accusations by Zheng Yi were targeted at individuals and not that significant, this time the matter had profoundly rocked the foundation of Xu Brothers Film Company.

Because the post went out during working hours,

the stock price of Xu Brothers Film Company, which had started plummeting since yesterday, dived once more and was firmly stuck at the limit down.

Under this post, there were nothing but comments from onlookers and those in disbelief.

Xu Zhaorong did not even look at these comments as his face had already turned pale.

Because he knew he was finished. Truly finished.

The shady contracting was, in fact, a minor issue that could still be finessed, but the unauthorized acquisition of shell companies and cash outs, along with the illicit change in tax categories, was far too grave.

If caught, imprisonment would be the least of his worries; the money he had painstakingly saved over the years would not be enough to cover the fines and repayments he would face!

After all, it involved over ten billion in funds, and with late fees and interest, he could be fined several hundred billion.

Where could he possibly find so much money to pay?

So, he involuntarily looked towards his brother.

Just as his brother was also looking at him.

Seeing him glance over, his brother hastily said, "Brother, let's... perhaps we should run?"

Xu Zhaorong had already thought of this, so while suppressing the panic in his heart, he began to make arrangements, "Alright. Let's take advantage of the fact that the relevant departments have yet to react and go abroad for a break."

"Let's see how things develop domestically, and then we'll make a decision."

Saying this, he paused, "Anyway, we've already transferred most of our money, enough for us to live comfortably for the second half of our lives."

Hearing his brother's words, Xu Zhaoqing nodded urgently.

After settling on this matter, Xu Zhaoqing asked another question, "Brother, should we inform Director Zhang?"

Hearing his brother's words, Xu Zhaorong hesitated.

However, upon remembering how many secrets Director Zhang knew after so many years of collaboration, Xu Zhaorong hesitated momentarily but eventually nodded in agreement.

Subsequently, the two brothers called Director Zhang to the office and discussed the escape plan together.

In the end, the three unanimously decided to go home, pack up their belongings, and catch tonight's plane to lay low.

After the discussion, the three prepared to set off separately.

But before they could leave, suddenly, the office was again filled with the "ding-dong" sound of a phone notification.

Xu Zhaorong checked his own phone, but it wasn't his.

He then glanced at his brother.

Xu Zhaoqing looked equally baffled.

It seemed it was not Xu Zhaoqing's phone either.

He involuntarily looked towards Director Zhang.

As expected, Director Zhang curiously lifted his phone, put it to his ear, and began to listen.

At first, Xu Zhaorong didn't pay it any mind, but then he saw Director Zhang's face growing more and more unsightly.

Xu Zhaorong didn't know what was happening to Director Zhang. Could it be that Chen Yan was making trouble again?

He cursed Chen Yan silently in his heart.

He felt he had truly misjudged him.

He had investigated Chen Yan's climb to wealth and felt that Chen Yan's career had always been smooth sailing.

He hadn't encountered any major setbacks or struggles.

Hence, he judged that Chen Yan would be a rather gentle person, also easily moved by his "loyalty."

But who knew that this man turned out to be so cunning and ruthless.

Without a hint of warning, he had dug out so much insider information from his company and leaked it all.

Absolutely merciless!

As he pondered this, he also began to hate the person who leaked information in his company!

The data Chen Yan exposed was all company secrets, accessible only to high-level executives!

Now that the leakage was so thorough, it meant there was definitely a traitor among the company's executives!

It was this traitor's betrayal that led to the irredeemable downfall of both himself and the company!

Never before had Xu Zhaorong hated a traitor so much!

And as he was consumed by these thoughts, Xu Zhaorong suddenly heard a loud shout near his ear, "You traitor!"

He reflexively wondered: Huh? Has the company's traitor been found?

While he was reflecting on this, suddenly he felt a huge fist slowly enlarging before his eyes, getting bigger and bigger, then finally landing on his face.

He immediately saw stars, felt a pain on his face, and then everything went black.

He didn't even understand what had happened, only feeling himself being tackled to the ground, as punches and kicks rained down on his body.

In his ears, he faintly heard Director Zhang's roar, his brother's panic, and the distant, chaotic sounds of hurrying footsteps...

This was the darkest day for the entertainment tycoon, Xu Brothers Film Company.

Scandals abounded.

Celebrities under their banner were called in for a chat.

The stock price plummeted, leaving shareholders green with fear.

And most importantly, for some reason, the two bosses of the company and their core director were caught in a fight, trending on social media...

Three middle-aged men in their forties, all previously titans in the entertainment industry, found themselves at that moment acting like petty street fighters, exchanging blows with punches and kicks.

In the end, it took the company's employees calling the police to put an end to this farce.

And this news, not surprisingly, quickly spread across the internet alongside vivid images.

The accompanying text was, [Xu Brothers Film Company in internal strife, three bosses brawl over conflicting principles.]

Nobody expected reality to be so surreal.

In TV dramas, conflicts of principles within companies lead to all sorts of debates, persuasions, or the establishment of separate projects for competition.

But in reality, conflicts of principles within a company turned into actual physical fights...

And that was not all.

Generally, when two strong competitors fight, one dies and one is injured.

However, Chenlu Film Company did not sustain any damage during the struggle.

In fact... due to the commotion during this period, "Wandering Planet," which was at the center of the storm, received a lot of publicity.

Its box office climbed increasingly higher...

This was unprecedented in speed and ended with an unimaginable outcome, marking the end of the entertainment industry's power struggle.

Chenlu Film Company triumphed completely!

And it wasn't until then that many in the entertainment circle recalled that a year ago, when Chenlu Film Company announced its "Sunrise Project," Lu Man publicly declared in the industry her intention to completely banish Xu Brothers Film Company and Director Zhang.

At the time, everyone thought she was just talking big, venting for being banned in the past.

Who knew that in less than a year, she would truly achieve it...

And it still wasn't over.

Usually, when two powers clash, there must be one death and one injury.

But Chenlu Film Company not only emerged from the conflict unscathed,

it even benefited... because the recent turmoil brought an abundance of free publicity to "Wandering Planet."

The box office rose continuously...

Many times, those caught in the vortex of an era do not realize they will become witnesses to history.

Just as no one expected the release of two movies would lead to a fierce collision between two large companies.

Just as no one expected the clash between these two companies would result in a grand alignment within the entertainment industry.

Just as... no one expected such alignment would cause a wide-reaching earthquake in the industry!

In the face of this drama that captured the full attention of society, within three days, the joint investigation team from various departments preliminarily announced their findings.

Xu Brothers Company and its associated celebrities were indeed involved in double contracting, tax evasion, the irregular cashing of listed company funds, and unauthorized changes in tax categories among other illegal and irregular acts.

Although more detailed content and decisions on how to proceed would take some time to be announced,

the two Xu brothers, Director Zhang, and that group of celebrities supporting them, were now temporarily restricted from leaving the country and suspended from their related jobs, all in the name of "assisting the investigation."

As a consequence of this news, the Xu Brothers' stock price hit the limit down for 8 consecutive days, falling by 60%. There was still more room to fall.

From the previous top film and television stock in the country, it became a stock on the brink of delisting.

And according to the proportion of pledged shares exposed by Zheng Yi, it is very likely that the Xu brothers had already experienced a total wipeout, not only losing control of their enterprise but also shouldering an enormous debt.

This battle for dominance in the entertainment industry concluded at a pace and with an outcome that no one could have believed.

Chenlu Film emerged utterly victorious!

And only at this time did many in the entertainment industry remember that a year ago, when Chenlu Film announced the "Sunrise Project," Lu Man stated her intention to completely eradicate Xu Brothers Film Company and Director Zhang.

Back then, everyone thought she was just talking tough to vent past grievances.

Who would have thought that in less than a year's time, she would actually do it...

And that was still not the end of it.

Generally, when two titans clash, one is sure to die while the other is wounded.

Yet, during this fight, Chenlu Film not only survived unscathed,

but even THRIVED... as "Wandering Planet," in the eye of the storm, received so much free promotion.

The box office kept climbing....

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