Chen Yan did not lie.

In fact, he and Yang Rou still had even more evidence about Xu Brothers Film Company in their hands.

And once that evidence came out, it would be truly devastating.

Therefore, when preparing to announce it, Chen Yan hesitated whether to release it all at once.

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

There were two reasons for holding back.

First, Chen Yan felt that throwing down a royal flush and four twos in a card game was a bit foolish.

Second, it was as Chen Yan had just said: giving Xu Zhaorong a chance.

Although Xu Zhaorong had always harbored ill intentions towards Chen Yan and was not truly loyal as he claimed.

But after all, that information was analyzed by Chen Yan and Yang Rou.

Although there was a 99% chance he wanted to "return from the dead," wasn't there a 1% possibility that he was genuinely loyal?

So, Chen Yan decided to give him a chance to test his true intentions.

If he was truly loyal, then although Chen Yan would destroy Xu Brothers, he would be upset, but he would accept it.

If he was not truly loyal, being pushed to this point, he could no longer pretend and could only fight back.

Now, the results of the test were in.

As expected... there were no miracles in the world.

So, Chen Yan no longer had any regrets or guilt, it was time to go all out...

...

Meanwhile, in Tiandu.

After hanging up Chen Yan's call, Xu Zhaorong wasn't idle.

Although he had always been thinking about destroying his company to gain Chen Yan's favor and thereby make a clean escape, this didn't mean he didn't have a backup plan.

As someone who had been standing tall in the entertainment industry for twenty years, he surely left room for retreat with every major decision.

So he sat back in the boss chair, picked up his cellphone, and dialed a few numbers.

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

There were only two or three people who had the "rights" to do this in the company.

So he couldn't help but look up.

Then he saw his brother Xu Zhaoqing running in from the outside, flustered and at a loss, saying, "Brother, Big Bro, something's gone wrong, something's gone wrong."

Listening to his brother's trembling voice, Xu Zhaorong frowned 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 your subordinates do?"

If it had been a normal day, Xu Zhaoqing would have probably just lowered his head and admitted his mistake upon hearing his brother's words.

But today, Xu Zhaoqing was completely panicked; he didn't care about his brother's criticism and strode hastily to Xu Zhaorong's side, then handed him his phone.

Seeing his own brother so flustered, Xu Zhaorong also knew that something big must have happened, so he lost the mood to scold him any further and skeptically took his brother's phone to have a look.

The moment he saw it, he stood up from his chair in shock!

"This! This!"

He said "this" several times without completing his sentence.

Then he raised his head to look at his brother and asked, "How could they have these evidences and information?"

Xu Zhaoqing shook his head repeatedly, obviously not knowing himself.

Xu Zhaorong felt his lips go dry, his gaze once again fell on the phone.

The phone still displayed the interface of Weibo.

Moreover, it was a Weibo post just made by Zheng Yi.

[There's good news to report to everyone: the previous whistleblower complaint has been accepted by various departments. The departments are investigating intensively.]

[And today, I want to whistleblow against Xu Brothers Film Company again for illegal cash withdrawals from a listed company, for privately altering tax categories, evading taxes, and high leverage pledging of shares.]

[Through my investigation, after Xu Brothers Film Company went public, they collaborated with Celebrities to set up shell companies, then the company would acquire these shell companies at a high price to achieve the purpose of illegal cash withdrawals.]

[Over the years, they have acquired more than sixteen shell companies, involving more than thirty first- and second-tier Celebrities. The funds involved amount to 9.6 billion.]

[Moreover, this money comes almost entirely from financing in the stock market.]

[To keep investors from noticing anything unusual, they disguised these acquisitions as bets with Celebrities. But due to the low cost of losing the bets stipulated in their agreements, no Celebrity would complete these bets.]

[As of yesterday, not a single one of their sixteen acquired shell companies has fulfilled the bet.]

[Not only that, normally when Celebrities act as individuals, they should pay up to 45% personal income tax. However, through their operations, they illegally changed the Celebrities' earnings into the company's operating income, resulting in only a 5%-20% tax rate being applied.]

[This has already involved privately changing tax categories and tax evasion.]

[Knowing that their methods were illegal and that the company could implode at any time, several bosses of Xu Brothers Film Company had already pledged all of their shares in stages over the years.]

[Although this company still bears the title of the first stock in China's film and television industry, it has in fact long been a shell.]

[I hereby request financial regulatory and tax authorities to intervene, to review whether these transactions involve illegal activities. Whether the companies they partnered to establish have been subject to suspicion of privately changing tax categories and tax evasion.]

This Weibo post caused a huge sensation the moment it was released.

If Zheng Yi's previous explosive revelations were more personal and had not had such a big impact, this time it had deeply shaken the foundations of Xu Brothers Film Company.

Because this Weibo post was released during the working day.

Thus, the stock price of Xu Brothers Film Company, which had plummeted since yesterday, plummeted again and was firmly pressed on the downward limit.

Under this Weibo post were all comments of disbelief and curiosity from spectators.

Xu Zhaorong didn't even look at these comments, as he had already turned pale.

Because he knew he was finished. Truly finished.

Underhanded contracts were actually minor issues that could still be negotiated, but illegal acquisition of shell companies, cash withdrawals, and privately changing tax categories were far too serious.

If caught, going to jail would be the least of his worries, the money he had painstakingly saved over the years wouldn't be enough to cover the fines and penalties, which was the real concern!

After all, this involved more than a hundred billion in funds; with late fees and interest, he could be fined hundreds of billions.

Where would he get so much money to pay it back?

So, he couldn't help but look towards his brother.

His brother was also looking at him.

Seeing him glance over, his brother quickly said, "Brother, shall we... shall we run?"

Xu Zhaorong had already had this thought, so he suppressed the panic in his heart while arranging, "Okay. Let's leave the country and take a break while the relevant departments haven't responded yet."

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

Having said this, he paused for a moment, "Anyway, we've already moved out most of our money, enough for us to live comfortably for the rest of our lives."

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

After settling on this plan, Xu Zhaoqing asked, "Brother, should we tell Director Zhang?"

Hearing his brother's words, Xu Zhaorong hesitated.

But then, thinking about the many years of collaboration with Director Zhang and all the secrets Director Zhang knew, Xu Zhaorong hesitated for a moment but eventually nodded in agreement.

Then, the two brothers called Director Zhang to the office and discussed the details of their escape.

In the end, the three unanimously decided to go back, pack up, and take the flight that night to lay low.

After the discussion, they were about to prepare to leave separately.

But before the three of them even reached the door, suddenly, the sound of "ding dong", a cellphone notification rang out in the office again.

Xu Zhaorong took out his cellphone to check it—it wasn't his.

Then he looked at his brother again.

Xu Zhaoqing also had a blank expression.

It didn't seem to be Xu Zhaoqing's cellphone either.

He involuntarily looked towards Director Zhang.

In response, Director Zhang suspiciously picked up his phone, then started to listen.

At first, Xu Zhaorong didn't pay much attention, but then he noticed Director Zhang's expression getting worse.

Xu Zhaorong didn't know what was going on with Director Zhang. He just guessed, had Chen Yan made another move?

He cursed Chen Yan in his heart.

He felt that he had really misjudged the man.

He had investigated Chen Yan's rise to success and felt that Chen Yan had always had a very smooth career.

Without any significant setbacks or struggles.

So, he judged Chen Yan to be kind by nature and more easily moved by his own "loyalty."

Who knew this guy was so cunning and ruthless, silently digging out so much insider information from his company and exposing it outright.

No holding back!

While thinking this, he started to hate the traitor leaking secrets from his company!

The data exposed by Chen Yan were all company secrets, accessible only to the company's executives!

Now with such a thorough leak, it was clear there was a traitor among the company's executives!

It was this treacherous act that had led him and the company to an irretrievable doom!

Never had Xu Zhaorong felt such loathing for a traitor!

Just as he was thinking this, Xu Zhaorong suddenly heard a loud yell next to his ear, "You traitor!"

He reflexively puzzled for a moment: Eh? Has the traitor in the company been found?

In the midst of these thoughts, suddenly he felt a huge fist slowly enlarging, enlarging, and then connecting with his face.

Instantly, he felt darkness before his eyes, pain on his face, and stars began to appear in his vision.

He didn't even understand what happened, just felt himself being pinned to the ground, receiving punches and kicks to his body.

From the edge of his hearing, he vaguely heard Director Zhang's furious roar, his brother's shock, and in the distance, the chaotic, panicky footsteps...

...

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

Scandals were endless.

Their affiliated celebrities were invited for "tea."

The stock price plummeted drastically, turning investors green with panic.

Moreover, most importantly, no one knew why, but the two company bosses and the company's core director were embroiled in a brawl that ended up trending...

Three middle-aged men in their forties, who had once dominated the entertainment industry, were like hooligans in a street fight at that moment, throwing punches and kicks at each other.

It was only after company employees called the police, and the police arrived, that this farce was stopped.

And this news, unsurprisingly, quickly spread online with both pictures and words.

The caption was [Internal strife at Xu Brothers Film Company, the three bosses fight fiercely, suspected ideological differences.]

No one could have expected reality to be this absurd.

In TV dramas, when there are differences in company philosophy, there would be debate and persuasion, or each would start a project and then compete.

The reality of company philosophy differences, however, turned into a real-life brawl...

And that could have been the end of it.

But due to the fight and internal strife, the three were taken away by the police for questioning. This caused their escape plan to burst like a bubble.

So when the investigators from the relevant departments arrived at the police station to find them for "assistance in the investigation," they could no longer run...

...

Often, those caught in the whirlwind of the times do not realize that they are becoming witnesses of history.

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

Just as no one anticipated that the clash between two companies would result in a major standoff in the entertainment circle.

Just as... no one imagined a standoff could lead to an industry earthquake with far-reaching effects!

Facing this scandal that caught the entire society's attention, within three days, the joint investigative team from several departments preliminarily announced their findings.

Xu Brothers Company and their affiliated celebrities did indeed engage in dual contracts, tax evasion, illegal cashing out of listed company funds, and privately changing tax categories, both illegal and non-compliant behaviors.

Although, the more detailed content and decisions would be announced at a later date.

But the Xu brothers, Director Zhang, and the group of celebrities who supported them had already been temporarily restricted from leaving the country and suspended from related work under the name of "assisting in the investigation."

Affected by this news, the stock price of Xu Brothers Company fell to its limit for eight consecutive days, with the stock price dropping by 60%. And there was still room for further decline.

From the first stock in China's film and television industry to a stock on the verge of delisting.

Looking at the proportion of shares pledged by the Xu brothers according to Zheng Yi's exposure, it's likely that they had already completely margin called, not only losing control of their business but also incurring massive debts.

This entertainment industry's battle of the titans had ended with previously unseen speed and an unbelievable result.

Chenlu Film Company triumphed overwhelmingly!

It wasn't until this moment that many in the entertainment circle recalled that a year ago, when Chenlu Film Company announced the [Wandering Planet Project], Lu Man had stated her intent in the circle to completely seal off Xu Brothers Film Company and Director Zhang.

Back then, everyone thought she was just venting, avenging their past ban.

Who would have thought that in less than a year, she would actually make it happen...

But it didn't end there.

Generally, when two giants clash, one must die and the other suffer.

However, Chenlu Film Company did not suffer any damage in this fight.

Even... because of the drama during this period, [Wandering Planet], at the center of the storm, received a lot of free publicity.

Its box office climbed higher and higher...

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