As the 'inone' incident was exposed online, many buyers began flocking to malls everywhere for return procedures. All of a sudden, the business at beauty therapy institutions surged, with a constant stream of people coming for skin assessments, and faults were found in everyone.
'Rhein' set up a special green channel to handle this return wave, offering full compensation with just the original purchase receipt. However, the 'inone' product had to be returned.
Thanks to the Xia Family's early handling of the situation, chaos was averted. 'Inone' was unconditionally withdrawn from shelves, and subsequently, many stores requested various reasons to withdraw from 'Rhein', which Xia Yusheng had anticipated. Meanwhile, a Wang Group emergency meeting was underway to respond to the 'inone' incident.
Wang Zhanting rarely attended such meetings. As a person from the political world, he avoided entering the business circle to prevent gossip. He sat at the far end of the conference table, leisurely sipping tea, deaf to the endless arguments at the meeting.
It's evident that someone behind the scenes was making a big deal out of the 'inone' incident. The first woman who stepped forward presented herself as a victim, frequently sharing her story online, posting photos everywhere, and urging women with similar experiences to stand up against illegal merchants.
The surprising result was that a group indeed emerged, and examinations confirmed that the product had caused skin ulcerations, with some cases being quite severe. Reflecting on this, Wang Zhanting glanced at Fatty Wang sitting at the prominent spot. "Money talks," as they say, but it depends on the person. You insisted on kicking the curb, so you can't blame others for taking you down.
'Inone' now faced not only withdrawal from 'Rhein' but also demands for compensation from various shopping malls and beauty medical institutions nationwide. This commotion, just in compensation funds, could cost tens of billions, which could be a fatal blow to the Wang Family.
Amid the current stock market downturn, the stock price fell for the third consecutive halt, with a massive sell-off of shares flowing into the market. Yesterday, he received insider information that someone was purchasing Wang Group shares at a low price. This was not good news; he was sure his nephew understood what this meant.
Of course, acquiring stocks dumped on the market requires significant funds, and only a few individuals could achieve this. It was easy to guess who was meddling behind the scenes, but the fear was in them forming alliances.
Wang Zhanting took a sip of water. Hua Muyun had indirectly mentioned this leader's questionable character to him before. Had he relinquished power too early, leading to the current state of the Wang Family? In Yanjing's four major families, those still in power were the old timers. Was he too hasty, or did he fail to see people clearly? Now was not the time for regret.
The finance department was calculating funds diligently. Setting aside the compensation payments, the Wang Family had less than 500 million left, which included their stocks and fixed assets, meaning their cash flow was heading towards a breakdown.
"How do we solve this problem?" Fatty Wang sat there, scanning the high-ranking officials, who remained silent as if they were mute when facing the problem. "How do we solve this cash flow issue?" he threw the data in his hand onto the table, his eyes bloodshot.
Fatty Wang hadn't anticipated it would happen so quickly. Just as he withdrew from 'Rhein', 'inone' spread across the entire internet overnight. Opening a webpage, the search bar on the first page was inevitably filled with 'inone' news.
There were photos of victims and doctor's certifications, forged product release checks, and a recording he had never heard before—a confession. The words were clear, powerful. Talk of justice, speaking the truth; what nonsense. Where was all this righteousness when they were taking the money?
The opposition took him by surprise.
Wave after wave of public opinion clarified the issue. All relevant law enforcement agencies began to step in, from the health department to the legal department; none were left out. Even the Women's Protection organization came to find him. His office turned into a revolving door, visited several times a day. Media camped outside the building, demanding he address the 'inone' issue. Meanwhile, 40% of the shares in circulation were acquired by nearly 25% by a single company. Someone seized the opportunity to acquire Wang Group.
"We have insurance!" someone blurted out, humorously. A file folder promptly flew towards that person's head.
"Is your head for walking? Have you ever seen an insurance company compensate for faulty products?" Fatty Wang pointed his finger at the person. "Which department are you from? You are now fired."
Wang Zhanting witnessed the scene and couldn't help but sigh. A once-promising talent, now nothing more. This should be a time for unity, not for further power plays.
The high-ranking officer hit on the head graciously departed through the door, perhaps having long decided to leave. The firm determination in his stride suggested he had already secured another position and was merely waiting for the right moment.
After one person left, a few others soon stood up, citing inadequacy in their capabilities as the reason for resigning from the company.
They were indeed skilled. Every move calculated meticulously, causing Wang Zhanting to admire Xiao Lin momentarily. On the surface, he seemed to hover around Zhang Teng, Poison Dragon, and these few, creating all sorts of problems, using the excuse of wanting to remove his dear nephew to wander around, waiting for such an opportunity.
Using the enemy's enemy as one's witness is a risky move. If misused, it easily backfires. Clearly, his nephew lacked patience. The first subject to learn in such battles is endurance.
Xiao Lin remained composed, striking decisively while breaking through each point, using his weaknesses to counter the enemy's strengths, harnessing societal pressure to force various departments' involvement, pushing the Wang Family to a point. He exploited the narrative that compensation payments might fracture the Wang Family internally, causing market turmoil, leading unaware shareholders to dump their stocks at market opening, while acquiring them cheaply. Of course, during this period, maybe someone spread rumors in the stock market for further confusion. (To be continued. If you like this work, please visit Qidian (qidian.com) to vote for recommendations and monthly tickets. Your support is my greatest motivation.)
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