My Hubby Can’t Stop Pampering Me
Chapter 1497 - 1490: Beautiful Ladies and Scenery (Part 12)

Chapter 1497: Chapter 1490: Beautiful Ladies and Scenery (Part 12)

The following morning.

News that Hanhai’s U.S. stock had continued to fall spread throughout China’s financial circles as the workday began.

Even though Hanhai had tried to control public opinion, two consecutive days of decline inevitably indicated a significant issue within Hanhai. Some private banks even downgraded Hanhai’s risk assessment by two levels. This meant that Hanhai would face much more stringent scrutiny when seeking loans from these banks, essentially severing Hanhai’s financial lifeline. For a real estate company heavily reliant on investment and saddled with high debt, this was definitely not good news.

Qin Zhiyou knew that everything else was insignificant until his grandfather secured the support of the banks. The buyers, who had previously agreed to purchase land, began to wait and see at this time. If Hanhai’s stock were to fall, these lands would be sold at much lower prices. These buyers were in business, not charity, and naturally, they preferred to wait a bit longer.

On the other hand, Qin Weijian and Qin Weijia were rallying Hanhai’s old guard and other shareholders, preparing to convene a shareholder meeting to impeach Qin Zhiyou. "Kick him while he’s down" was their approach; they were not the type to respect any gentleman’s agreement and planned to stab Qin Zhiyou at his most vulnerable moment!

There were also Zhao Zihao and Zhongtian, who stated with "great regret" that if Hanhai could not resolve these issues promptly, their cooperation with Hanhai might have to end. This meant the construction of the national demonstration zone would come to a halt, which was the critical issue that could choke their lifeline!

In fact, Hanhai’s performance in recent years was quite good, even winning the bid to host the national demonstration zone. The development of real estate projects in various locations was also relatively conservative. From any angle, it didn’t look like they were about to collapse. But unexpectedly, all issues converged at once, along with the kidnapping incident involving Lu Weixi.

Qin Zhiyou had not closed his eyes for several days, but he entered the morning’s shareholder meeting appearing spirited and calm. At the meeting, Qin Weijian, Qin Weijia, Qin Zhizha, Qin Zhimei, and other shareholders fiercely criticized him, accusing him of being obstinate and improper in staffing, embezzling company funds, and ruling like a tyrant, demanding his removal from the CEO position.

Qin Zhiyou remained calmly composed, waiting until they finished speaking. He stood up unhurriedly and turned on the projector behind him, displaying a video of Grandfather Qin. The video had one central message: "I, Qin Guozhong, as the largest shareholder and honorary chairman of Hanhai Group, support Qin Zhiyou to continue serving as the CEO of Hanhai."

Grandfather Qin was not an absentee owner; he held the most shares, and although he no longer managed day-to-day affairs, he had the veto power over internal matters of Hanhai Group. At this moment, his word was final!

It wasn’t just a video, but a projection of a conference call. Qin Weijian immediately objected on the spot: "Father, Qin Zhiyou he..."

"This is my decision, no need to say more."

After Grandfather Qin spoke, he hung up the call. Qin Weijian and Qin Weijia were still angry, and they didn’t notice that Grandfather Qin was not at the old mansion when he said this. He was at the largest bank in China, which also happened to be Hanhai’s biggest banking partner.

And Qin Zhiyou still had moves to play. Standing before so many people, he got up without any hint of panic and tossed out several lawyer’s letters: "Qin Weijian, Qin Weijia, and those who have served as director and deputy director of Hanhai’s financial department, I, as the president of Hanhai, formally accuse you of fabricating false accounts and embezzling company assets."