Magic Doctor CEO Lady's Humble Husband (Fade Chen) -
Chapter 1799
In the midst of the discussion, Dacre and Macbeth looked at Fade and Ernest with threatening and triumphant looks.
Ernest's expression didn't look good but Fade was still calm. He patted Ernest's shoulder and said, "Uncle Soo, it's fine. I'm here."
Immediately, Fade stepped forward and looked at the Qin and the Hsiang family members. He sneered, "Do you think you can deal me a blow by trying to seal off the Ernest Company in the commerce world?" Macbeth replied, "This is just a start."
The Hsiang and Qin families had discussed this beforehand. They would deal a blow to Fade and the Ernest Company through business means and make them lose their business foundation.
After that, they would continue pressuring them to let them see how powerful their families were.
Now, the first step, commercial coercion, seemed effective. Macbeth looked at the time and it was almost ready to put their second step into action.
However, at this moment, Fade looked around at the crowd and spoke loudly, "You can come out now."
Everyone was curious when they heard this.
"Who is Fade shouting for?"
"Could he still have other trump cards?"
"I think he's just bluffing."
In the midst of discussions, a man clad in a suit walked out. It was Wegmer, the general manager of the East Coast branch of Li Group in Jade City. When they saw him, the Qin and Hsiang family members curled their lips in disdain.
"He's just the manager of a branch, do you think he can turn the tide?"
"If this is his trump card, we don't really need to continue any further."
Wegmer didn't come forward after standing out. Instead, he respectfully made an invitation gesture to the crowd.
Just as the crowd was curious, a middle-aged man walked out. He hurried over to Fade and greeted him respectfully, "Mr. Chen."
Fade nodded but didn't speak.
Upon seeing this, many people were puzzled and they started asking around.
"Who is that guy? Wegmer seems to respect him a lot." "Don't tell me he's from a huge company!"
Just as the crowds were puzzled, Dacre recognized the man first and he exclaimed in surprise, "He's Martin Li, the CEO of Li Group."
His words caused an uproar. Nobody expected the CEO, Martin of Li Group, to appear here.
For a time, everyone's expressions changed. Even the faces of the Hsiang and Qin family members darkened.
Martin then spoke loudly, "I am the CEO of the Jade City Li Group, Martin Li. I have come especially to congratulate the Ernest Company on their opening. Li Group declares that we will formally form a strategic partnership with the Ernest Company, and will fully support their development."
As soon as the news was announced, the crowd erupted.
"Li Group supports the Ernest Company. This is the support of a magnate level!"
"Now, the Ernest Company is saved."
"I don't think so. Although Li Group is powerful, the Hsiang and Qin families aren't to be trifled with. After all, this is East Coast City."
When the Hsiang family and Qin family members heard this, their faces sank and they discussed it between themselves.
Soon, Dacre looked at Martin and asked in a low voice, "Mr. Li, are you going against both of our families?"
Martin spoke clearly, "Li Group supports the Ernest Company. Their enemies are our enemies."
He returned the Hsiang family's words to them.
Kadmiel had been silent for some time but now, he snorted coldly, "Although Li Group is powerful, don't forget, this is East Coast City. We, of the Hsiang family, aren't to be trifled with."
Dacre immediately made his stand too, "The Qin family has never lost a business war in East Coast City."
When Martin heard this, his eyes narrowed. He took a look at Fade before continuing, "Thanks for your advice, but Li Group has made up their minds. We have just approved a sum of ten billion as an initial investment to support the Ernest Company."
"Of course, if ten billion isn't enough, Li Group can still afford twenty or even thirty billion."
He spoke as though he was very rich but nobody doubted it. Everyone knew that Li Group was the property of the richest man in the country, Fenrir Li, and they could afford this.
If one's wealth was accumulated to a point, the Hsiang and Qin family's advantage over here in East Coast City would be useless. After all, business wars were fought with money. Now, Li Group wanted to pressure them directly with an advantage over funds. The two aristocratic families could do nothing about it.
For some time, the Hsiang and Qin family members had sullen expressions on their faces.
After discussing it, Caere looked at Martin, "Mr. Li, for Li Group to make such an irrational investment, I don't believe that the headquarters would approve it!"
Macbeth agreed with him, "Mr. Li, although you're the CEO of Li Group, you hold only a few shares. I don't believe that the other shareholders would agree with your actions."
Obviously, after the two families discussed it, they felt that Martin's speech was a bluff. It was impossible for Li Group to make such a bad bargain to support the Ernest Company without much profit. From a commercial point of view, such a decision was illogical and irrational.
At this moment, many onlookers nodded in agreement with the Hsiang and Qin families' deduction.
However, Martin just smiled. He shook his head and spoke, "Macbeth and Dacre, you say that the other shareholders wouldn't agree with my actions but what you don't know is..."
After a pause, he looked at Fade before continuing, 'What you don't know is... Mr. Fade Chen is the largest shareholder of Li Group. He, alone, holds 81 % of Li Group's shares."
As soon as he finished speaking, the crowd was dumbfounded. They were frozen on the spot with looks of surprise on their faces. Even the Qin and Hsiang family members were not exempted. "That... That's impossible!"
"Fade is the largest shareholder of Li Group with 81% of shares."
"81% shares; that's the absolute authority! No wonder Fade was so confident."
"With so much funds, he wasn't bragging when he spoke of ten billion just now. He can totally afford it!"
"Now, even the Qin and Hsiang family can't pressure Fade and the Ernest Company. This is too sudden."
The Hsiang and Qin family members had dark expressions on their faces. They didn't expect Fade to be the largest shareholder of Li Group, with a net worth of hundreds of billions.
Although they were reluctant to admit it, they had no choice. Their first step of business coercion had totally failed when it had just started.
With the Qin and Hsiang families' net worth only amounting to tens of billions in the business world, they couldn't even think of putting pressure on Li Group which was worth hundreds of billions.
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