After Mr. Xiang divorced, the president regretted it
Chapter 531 Mutual Confirmation
"Help me check someone... Yes, in the target company's finance department... I want to know everything about him." Xiang Yu's voice was low and firm, with unquestionable majesty. After hanging up the phone, he rubbed his brows, a trace of fatigue flashed in his eyes, but more of determination. He knew that this battle had just begun.
Yan Jin walked over to him and handed him a cup of steaming coffee. "Any progress?"
"Yeah." Xiang Yu took the coffee and said a few simple words.
After listening to this, Yan Jin pondered for a moment and said, "It seems that our direction is correct. There is indeed something wrong with the other party."
Two days later, a USB flash drive quietly appeared on Xiang Yu's desk. Inside was the target company's real financial statements and capital flows for the past five years, with data so detailed that it was astonishing.
"Is this document reliable?" Lawyer Jack pushed his glasses and looked through the documents on the computer carefully, frowning.
"The source is reliable." Xiang Yu's tone was calm, yet revealed a sense of confidence.
Yan Jin added, "This report and some clues we got from our previous investigation can corroborate each other and are sufficient to prove that the target company has committed serious financial fraud."
Lawyer Jack had a serious look on his face. His fingers were rapidly tapping on the keyboard, pulling up documents one after another for comparison. The only sounds in the office were the typing of the keyboard and the shuffling of papers.
As time went by, Jack's face became more and more serious. Finally, he took a long breath, took off his glasses, and said in a heavy tone: "This chain of evidence is complete and clear, enough to overturn all our previous assessments of the target company."
Yan Jin and Xiang Yu exchanged a glance, and everything was said without words.
"Knock, knock, knock—" There was a knock on the door, and Lucy pushed the door open and walked in, "Mr. Xiang, Mr. Tom is here."
Xiang Yu glanced at the shocking numbers on the computer screen, closed the computer, and said to Lucy, "Please ask him to come in."
Tom walked into the office and saw the serious expressions of Xiang Yu and Yan Jin. He felt a little uneasy. "You two, is there any new situation?"
Xiang Yu and Yan Jin looked at each other and slowly said, "We have new discoveries about this merger..." Tom listened to Xiang Yu's story with a serious expression. He frowned, tapped the table with his fingers, and fell into deep thought. There was silence in the office, only the clock on the wall ticked, as if reminding the passage of time.
After a long while, Tom raised his head, glanced at Xiang Yu and Yan Jin, and said in a deep voice: "Based on this new financial statement, I need to re-evaluate the risks and value of this merger and acquisition."
He opened the briefcase he brought, took out the computer and documents, and began to make intensive calculations and analyses. Yan Jin and Xiang Yu waited patiently, knowing that Tom's conclusion would directly affect their next move.
As time went by, Tom's face became more and more serious. Finally, he closed his computer and sighed, "I'm sorry, both of you. According to my assessment, the risks of this merger far outweigh the benefits. The target company's financial situation is much worse than we expected. If we continue with the merger, we will face huge financial risks, and may even endanger the stability of the company itself."
Xiang Yu and Yan Jin were not surprised to hear Tom's conclusion. They had long anticipated the impact this truth would bring.
"Tom, thank you for your professional judgment." Xiang Yu's tone was calm, but his eyes were extremely firm. "Although giving up the merger will bring us certain losses, it is the safest approach."
Yan Jin also nodded and added: "Besides, we can't just sit back and watch this malicious fraud."
"You mean..." Tom seemed to understand something and looked at Yan Jin in surprise.
"We need to make the truth public," Yan Jin said word by word. "Submit this evidence to the relevant regulatory authorities to expose the falsehood of the target company and protect the interests of investors and the market."
Xiang Yu glanced at Yan Jin with appreciation and added: "Although this may cause us to fall into a whirlpool of public opinion, we must do this. This is our responsibility."
Tom was silent for a moment. He knew that for entrepreneurs like Xiang Yu and Yan Jin, reputation and social responsibility were more important than immediate interests. He took a deep breath and said solemnly, "I support your decision. What do you need me to do?"
"Lucy..." Xiang Yu pressed the internal line, his eyes determined, "Help me connect..."
"Lucy," Xiang Yu pressed the intercom, his eyes determined, "Please help me get in touch with all the financial media I can. I need to hold a press conference." He paused and added, "Also, please help me contact a lawyer. We need to make all preparations."
Although Lucy was a little surprised, she was used to Xiang Yu's vigorous and decisive style of doing things, so she immediately responded and went to do it. Soon, Lucy arranged everything. The press conference would be held in an hour at the hotel where Xiang Yu was staying.
In the hotel conference room, lights flickered, and reporters were waiting with their cameras. Xiang Yu and Yan Jin walked up to the podium side by side, their expressions serious and determined. With Lucy's accurate and fluent translation, Xiang Yu made public the evidence of the target company's financial fraud and the fact that they had decided to abandon the merger.
For a moment, the whole conference room was in an uproar. Reporters rushed to ask questions, and flashbulbs went off one after another, pushing this sudden press conference to a climax.
"Mr. Xiang, may I ask why you exposed this matter?"
"Mr. Yan, what impact do you think this incident will have on your company?"
Xiang Yu and Yan Jin responded calmly, and they answered every question from the reporters frankly. Their words were sonorous and powerful, full of justice and sense of responsibility.
"We do this to maintain market fairness and protect the interests of investors." Xiang Yu's voice echoed in the conference room, "We believe that justice may be late, but it will never be absent."
After the press conference, Lucy immediately sent the live video and news releases to major media outlets. Soon, topics such as Xiang's exposure of the merger and acquisition scandal and Yan Jin's maintenance of market fairness quickly topped the hot search lists of major platforms, attracting widespread attention and heated discussions from all walks of life.
The pressure of public opinion poured down on the target company like a tidal wave. Faced with irrefutable facts, the target company's management could no longer argue and had to admit the financial fraud, apologize publicly, and express their willingness to accept the investigation of relevant departments.
When the news reached China, the share price of Xiang Group rose instead of falling, and the public expressed high appreciation for the just actions of Xiang Yu and Yan Jin.
Late at night, Xiang Yu and Yan Jin stood side by side in front of the floor-to-ceiling windows of the hotel, overlooking the dazzling night view of the city.
"We did it." Yan Jin said softly, with a hint of fatigue in his tone, but more of relief.
Xiang Yu turned his head and looked at the strong and independent woman beside him, with an indescribable feeling welling up in his heart...
"Yes," Xiang Yu's low voice rang out in the silent room, "we did it." His eyes fell on Yan Jin's profile. The moonlight outlined her delicate features and also illuminated the faint fatigue in her eyes.
Yan Jin turned around and met Xiang Yu's deep gaze, with a faint smile on her lips: "Thanks to you this time. If you hadn't insisted on investigating, we might have been kept in the dark."
"We are partners, aren't we?" Xiang Yu walked to the wine cabinet, poured two glasses of red wine, and handed one to Yan Jin. "Besides, maintaining market fairness is also what we should do."
Yan Jin took the wine glass and shook it gently. The crimson liquid swirled in the glass, reflecting the complex expressions of the two people. "Cooperation?" She repeated softly, with a meaningful tone.
"Of course," Xiang Yu did not notice the strangeness in Yan Jin's tone, and he continued, "This incident also reminds us that we must be more cautious when conducting overseas mergers and acquisitions in the future."
"You're right," Yan Jin drank the red wine in the glass, "You can know a person's face but not his heart. The human heart is hard to predict."
"So, we need a stronger team," Xiang Yu put down his glass, his eyes determined, "Lawyer Jack and Consultant Tom are both top experts in the industry. I believe that with their help, we will do better."
"Yeah," Yan Jin nodded, but his eyes were fixed on the distance, as if he was thinking about something.
"What are you thinking about?" Xiang Yu noticed Yan Jin's silence and asked.
"Nothing." Yan Jin retracted his gaze and turned to look at Xiang Yu. "I was just thinking that although this storm has passed, the impact of this incident is far from over."
"You mean..." Xiang Yu frowned slightly, as if he understood what Yan Jin meant.
"Those investors who suffered losses due to the target company's financial fraud, those deceived members of the public..." Yan Jin's voice lowered, "They need an explanation."
Xiang Yu was silent for a moment. He knew that Yan Jin was right. The subsequent impact of this incident had just begun. At this moment, his cell phone suddenly rang, breaking the silence in the room. The caller ID showed that it was Attorney Jack.
"Mr. Xiang, good news!" Attorney Jack's voice was full of excitement. "The regulatory agency has already intervened in the investigation. I believe there will be results soon!"
Xiang Yu and Yan Jin exchanged a look, and everything was said without words...
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