I am a Big Player -
Chapter 420 - 414. Shocking News, Qinghe’s Big Boss is Someone Else (Second Update)_1
Chapter 420: 414. Shocking News, Qinghe’s Big Boss is Someone Else (Second Update)_1
The meeting went on late into the night, but Mrs. Ren wasn’t tired at all; her pride was immense, even greater than when Ren He had become the middle school examination champion.
The issue lay in her personal realization of Ren He’s substance and character, not his wealth.
Money had become mere numbers to her, but it was Ren He’s composed leadership and foresight that formed the true foundation for his future.
Money could be lost one day, but not wisdom. Mrs. Ren took comfort in seeing glimmers of wisdom in Ren He, which were more important than any diplomas or wealth.
But this did not mean Mrs. Ren thought Ren He could abandon his studies now. On the way home, she kept reminding him not to neglect his education. Being exposed to diverse thoughts from peers and renowned teachers at a prestigious school could provide insights applicable to life in general.
It was because of this that Ren He resolved to keep his decision to go abroad a secret a while longer... After all, he had to keep Knight’s affairs under wraps until the day he felt he had truly fulfilled his dream and came to an agreement with the Divine Punishment System.
In the past, the Divine Punishment System had stated it wouldn’t make him do tasks for life. This assurance gave him peace of mind; after all, he couldn’t very well be toying with life-threatening tasks into his forties, could he? That would be no way to enjoy life.
...
Spring Festival holidays had just ended on the eighth day of the new lunar year when Qinghe Group and Luohe Group jointly held a press conference to announce their strategic partnership.
Neither Mrs. Ren nor Ren He attended the conference. There was a general question-and-answer session about how the two sides would cooperate, but the main purpose was really to create momentum for the Qinghe Faction and its internet presence.
The bigwigs of Qinghe were not going to miss any chance to boost their influence, no matter what it took; letting everyone know what Qinghe’s faction was doing was the priority.
Moreover, what Qinghe was doing had quite a hook; in the promotion process, they presented users with a vision of a completely different new world in the future.
A complete internet worldview.
However, the press conference still set many industry insiders’ eyes ablaze. While everyone was watching and waiting, who would have thought that Luohe Group, such a behemoth, would suddenly throw a spanner in the works?!
You’re in the tangible industry, so why meddle in internet affairs? One reporter asked at the conference whether Qinghe Group had undergone a share swap with Luohe Group.
The spokesperson for Luohe Group said there was no such thing, merely an uncalculated support for Qinghe Group to change everyone’s lifestyle...
The reporter was bewildered at the time, thinking this might be the most fabricated news he had heard that year... Go fool someone else!
Meanwhile, the spokesperson for Luohe Group was also bewildered. The senior executives had clearly informed him that Luohe Group had made no investment in Qinghe Group, and were purely interested in their vision of a new online lifestyle.
Mrs. Ren, of course, wouldn’t tell others that the Chairman of Qinghe Group was her son; she didn’t want others to disturb her son’s studies...
But the spokesperson was a bit lost. Since when had Luohe Group become a philanthropist? It had never engaged in such altruistic acts that didn’t benefit itself!
Some people thought that Luohe Group must be eyeing the future prospects of Qinghe Group. But with no investment, why care so much...?
Everyone was perplexed; the strategy was utterly incomprehensible.
It was as though everyone was waiting to see how the Qinghe Faction would play their hand in the future. Yet, even before the game had properly begun, the Qinghe Faction unexpectedly tossed out a trump card...
It defied all logic!
The Qinghe Faction’s future suddenly became shrouded in mystery, leading some people to suspect that Xu Nuo’s biological father might have a hidden background.
After all, there was no apparent connection between Qinghe Group and Luohe Group, and Xu Nuo had no reason to know the chairman of Luohe Group. Moreover, Xu Nuo’s father was just a small businessman with an eight-figure wealth, which paled in comparison to Luohe Group.
Journalists began to dig deeper into the internal news of Qinghe Group, even paying Qinghe employees for information; not all of the over one thousand employees could be unanimous, especially the newer ones who hadn’t fully integrated into the collective yet.
Key, however, was the fact that Ren He wasn’t keeping it a secret himself. Even if he wanted to, it wouldn’t be feasible to stay behind the scenes forever — some things were better directed by someone who had been through a previous life like him.
As Qinghe’s development inevitably drew public attention, it was just a matter of time before the journalists decided to dig deeper!
While Qinghe had indeed grown quickly in the past, the old adage held true: relative to true giants, what weight did it carry? Very little.
The news had to be covered, of course, since it was a leader in the internet space, but people wouldn’t go out of their way to dig deeper.
But now things were different. As it solidified its place on the stage, interest grew. And with Qinghe’s recent high-profile moves, from rumors of an imminent split to overwhelming news about the Qinghe Faction, things had changed.
It was at this moment that a journalist, overjoyed, leaked information: Qinghe’s true helmsman was someone else!
In fact, following Qinghe’s annual meeting, this was no longer a secret. Ren He had provided a brief self-introduction before his presentation, so even the receptionists knew him.
However, employees didn’t know much about the big boss, and the executives weren’t going to undermine him at this juncture. After all, their fortunes were in the boss’s hands — he could effortlessly dilute their shares and oust them from the game if he chose...
Everyone held only between 8% and 12% of the shares, making it child’s play for Ren He to dilute their shares and kick them out, if he wished to do so.
Everyone was aware Ren He wouldn’t do that, but only under the condition that you didn’t work against him. Life was like a decorated sedan chair; it took more than one person to carry it, and good relationships were mutual.
So, with the executives keeping mum, all the journalists got was a tidbit: Qinghe’s elusive big boss was named Ren He, and Xu Nuo’s share was said to be only 3%. The enigmatic figure at the helm owned 97%. This wasn’t really a secret within Qinghe, as Xu Nuo himself had openly admitted to being just a minor shareholder, claiming his ownership and CEO status were due to a good relationship with the big boss...
At this point, journalists were stunned. Had they dug deeper earlier, they would have known. In this era, few journalists were willing to play paparazzi in business, but such casual digging had unearthed a sensational story!
The scale of this news reversal was just too
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