Reborn in 2014: A One-Man Tycoon
Chapter 102 Liu Group's IPO Encounters Setback
The live broadcast is over.
However, the uproar this incident has stirred up on the internet shows no signs of abating.
The buzz continues to grow.
However, Meng Chuan's status and position underwent a dramatic change.
He used to be a "rat crossing the street" that everyone hated.
Now, however, he has transformed into an object of sympathy, pity, admiration, and support from the entire internet.
Many of the things he said during the live stream quickly went viral online and became popular quotes.
It is foreseeable that Meng Chuan's contribution will account for half of the top trending online terms at the end of this year.
In contrast, Wang Ling's situation plummeted.
The girl who was once seen as innocent and pitiful has now become a public enemy of the entire internet.
She was labeled as "the most vicious woman of our time".
Her heinous acts have not been forgotten because of her arrest.
On the contrary, Wang Ling's name was still frequently mentioned in the years that followed.
She became another typical negative example after Pan Jinlian.
Her parents were also affected by the storm.
For a considerable period of time, they were subjected to harsh criticism from netizens.
Life descended into endless chaos and pain, with no way to get back on track.
Those so-called experts who had vehemently criticized Meng Chuan during the live broadcast.
This also drew fierce backlash from netizens.
Many netizens have found videos of them criticizing Meng Chuan.
The video was flooded with insults.
These critical videos quickly went viral.
Netizens have criticized these experts for being irresponsible and almost ruining the life of a genius who scored a perfect score on the college entrance exam.
Under intense public pressure, many experts were forced to issue apology statements overnight.
His words were full of regret and helplessness.
Even so, there are still some notorious experts who are not forgiven.
He disappeared from public view from then on and never dared to appear in public again.
And those universities that tried to ride on Meng Chuan's popularity also couldn't escape this calamity.
Their official website is filled with angry accusations from netizens.
The comment section was so overwhelmed by the barrage of criticism that it crashed, and in the end, the comment section had no choice but to be shut down.
Many netizens also posted videos of students or parents who planned to apply to these third-tier universities.
Now they have all changed their minds and resubmitted their college applications.
These universities originally intended to capitalize on the buzz surrounding the Meng Chuan incident to boost their profile during the application period.
The result was counterproductive, and in the end, they could only sheepishly issue a public apology.
For Meng Chuan, the situation is still developing.
But his heart had gradually settled down.
However, his parents are not able to return home yet.
Today, their home is no longer their private residence, but has become the "home of the top scholar".
It attracted a large number of people to visit and take photos, and the media were also swarming around it.
Left with no other choice, the parents could only continue to hide at their relatives' house, not daring to show themselves easily.
Meng Chuan had wanted them to stay at his villa in the county town for a while.
But the parents were unwilling.
They felt that they were unfamiliar with the county town, and that no matter where they were, they would easily be surrounded by onlookers as soon as they showed up.
In contrast, staying in the countryside at least allows you to chat with relatives.
Besides, there aren't as many paparazzi in the countryside, so at least you can go out for some fresh air occasionally.
After the live stream ended, Meng Chuan seemed to have some free time.
In reality, he was overwhelmed by all sorts of trivial matters.
Although there are no longer a large number of harassing calls from malicious media outlets and netizens.
But he was overwhelmed with calls from college admissions offices.
Almost all the well-known 985 universities in China extended offers to him.
Many of these calls were even made personally by the principal.
These school principals spoke highly of Meng Chuan over the phone.
A flood of praise and compliments poured in, followed by generous scholarship offers.
Tsinghua and Peking Universities have offered incredibly attractive scholarships worth millions of yuan.
They also promised to allow Meng Chuan to pursue a direct PhD and even provide him with opportunities to study abroad.
However, these conditions, which are extremely attractive to ordinary students, are nothing special in Meng Chuan's eyes.
After all, when choosing a school, he never just looks at how much money the school offers.
Anyway, no one is as rich as him.
However, Meng Chuan was still undecided about which school to choose.
Just as Meng Chuan was thinking about his future academic plans, his phone suddenly rang.
The caller ID showed Liu Fu.
Meng Chuan frowned slightly, a bad feeling rising in his heart.
He knew that Liu Fu had been working tirelessly in Shanghai for the time being to facilitate the backdoor listing of the Liu Group.
If someone calls at this time, it must be something important.
"Meng Chuan, our company is in trouble with its IPO!"
Liu Fu's voice was filled with obvious anxiety and helplessness.
"what happened?"
Meng Chuan's tone instantly turned serious.
He knew that the Liu Group's backdoor listing was progressing relatively smoothly.
The Shen family has also promised to provide full assistance, so in principle there shouldn't be any problems.
"Xinhua New Company filed the lawsuit on the grounds of a contract dispute."
Liu Fu's voice sounded very tired.
"Xinhua New Company?"
Meng Chuan was slightly taken aback; the name was familiar to him.
He made a bet with Sun Dashan in Beijing and also got a lot of "freebies" from Xinhua New Company.
Xinhua New Company is a formaldehyde production company.
In an attempt to drive up the stock price, they rashly followed suit, resulting in Meng Chuan being able to escape unscathed.
He made over twelve million from it.
However, Meng Chuan did not take this matter to heart.
They also did not know the extent of the impact that incident had on Xinhua New Company.
"How could our Liu Group have a contractual dispute with Xinhua New Company?"
Meng Chuan asked, puzzled.
“Our Liu Group and Xinhua New Company have no disputes, but I understand that the Lin Group and Xinhua New Company do have a contractual dispute.”
Liu Fu explained.
It turns out that Xinhua New Company is not just a simple formaldehyde production company.
They also produce urea-formaldehyde resin and phenolic resin, which are the main components of glue.
These two resins are widely used as adhesives in the production of engineered wood products, such as in particleboard factories and furniture factories.
In addition, Xinhua New Company launched a new service business in recent years – indoor air testing and treatment services.
All customers who purchase Xinhua New Company products can choose to purchase this service.
As a real estate developer, the Lin Group has a large demand for fully furnished apartments.
This naturally involves the use of engineered wood panels and the need for indoor air testing and treatment.
After all, people are becoming more and more health-conscious these days.
Many homeowners request that indoor formaldehyde be treated and tested when purchasing a property.
I will only place an order after I am sure it is safe.
Most real estate companies in China are currently facing financial difficulties, and the Lin Group is no exception.
Lin's Group did indeed have some outstanding payments when purchasing products and services from Xinhua New Company.
However, these arrears are all within the normal range.
If the Lin Group hadn't collapsed, Xinhua New Company wouldn't have sued them for overdue payments.
But now that the Lin Group has changed hands, Xinhua New Company, as the creditor, has the right to file an appeal.
Have you contacted Xinhua New Company? What was their attitude?
Meng Chuan pressed for an answer.
“We’ve contacted them, but they haven’t responded at all. Actually, the debt between Lin’s Group and Xinhua New Company is only a little over three million yuan. We are willing to pay this money on behalf of Lin’s Group, but they refuse to accept it and insist on appealing.”
Liu Fu sighed helplessly:
"I went through a lot of connections to finally find their chairman, Mr. Jiang. He said I wasn't qualified to talk to him and that if I wanted to talk, I should go to him myself."
A cold glint flashed in Meng Chuan's eyes.
He never expected that Xinhua New Company would be so arrogant.
However, he was not afraid at all; on the contrary, it aroused his fighting spirit.
He sneered:
"Okay, since he wants to play, I'll play along. Give me his phone number."
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