Chapter 62 – The Divorced Young Wife’s Revenge (Part 62)

This was Tao Ran’s original plan to seduce Lu Sihong: to take over Lu Corporation.

By leveraging direct shareholding to seize control!

With so much explosive material on Fang Ming and Lu Sitong, she chose to keep it secret, all to maximize her gains.

Only by letting Fang Ming’s supporters collapse completely could Tao Ran truly be safe.

So, Tao Ran decided to let Lu Sihong rise to power and used the battle for shares to help him do it.

Lu Corporation, being a family-run group, had only floated thirty percent of its shares publicly. To maintain absolute control, most of the remaining shares were held and dispersed among family members.

Patriarch Lu had originally held the position of the largest shareholder through absolute shareholding. But over the years, giving a little here and there reduced his stake from 30% to just 15%.

Lu Sihong inherited 4% from his late father. He Xianglan handed over 1% of her shares to him. After he became an adult, Patriarch Lu gave him another 2%. A mere 7% in total, not nearly enough to make a real move.

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After the recent fluctuations in Lu Corporation’s stock, in-and-out trades allowed them to amass significant capital. Even Tao Ran personally earned several million, not to mention the investments of Qin Feng’s company.

With money in hand, everything else became easier.

They timed their actions for when Patriarch Lu was modifying his will, and when Fang Ming and Lu Sitong were flaunting their relationship, boosting the stock with new project news.

The impact was massive, preventing Lu Sitong from acquiring the newlywed 2% shares from Patriarch Lu.

Stock prices plummeted amidst one scandal after another.

Recently, the market was nearly unrecognizable, plummeting without buyers. During this time, Qin Feng and his team quietly absorbed the scattered shares.

Seizing the moment while the family was preoccupied, Lu Sihong, along with his mother, visited several old friends of his father and a few small shareholders who held grudges against Lu Wenxing.

Investors were eager to make money. Fang Ming and Lu Sitong couldn’t divorce, were mired in a murder scandal, and had a bleak future. Shareholders already knew Fang Ming would likely go to prison, so the stock price would drop further once the verdict came.

Who wouldn’t want to sell their shares quickly?

Thus, in just two days, Lu Sihong managed to acquire 3% of the company at 5% above market price and signed a short-term confidentiality agreement.

By yesterday’s market close, he had absorbed another 5% from the stock market.

Not only was Lu Guofu stunned, but even Lu Wenxing, ignoring the media, rushed to the company within half an hour of hearing the news.

He immediately learned that something had gone wrong at the board meeting.

While in the car, he noticed Fang Ming was missing from the shareholder list.

A bad premonition arose.

Enraged, he stormed into the boardroom, his first question directed at Lu Sihong about Fang Ming’s shares. That 1% Fang Ming held was his. He had given it. It was to be reclaimed. Could it be…?

“Yes,” Lu Sihong admitted candidly. “He transferred the shares to me a few days ago.”

Lu Wenxing slammed the table, roaring, “Those were my shares, given to my son-in-law! He’s about to be out of the picture. What right does he have…”

“That’s your family matter. Anyway, I’ve completed the transaction, and I’ve paid him. Any disputes regarding the division of property between him and Lu Sitong, you can handle in court.” After all, he had been given those shares to support a son-in-law.

Lu Sihong’s acquisition was also facilitated by Fang Ming and Lu Sitong’s conflict.

Fang Ming held off on divorce purely for money, fearing he would lose everything if he lost in court. Now someone had offered him cash in exchange for the shares, allowing him to liquidate.

Liquidation meant he could transfer assets.

It was like a pillow being handed to a sleepy person. He couldn’t be happier. Plus, knowing the shares were depreciating daily, he was eager to sell.

So he agreed quickly, even without prompting from Lu Sihong’s team, and promised confidentiality to successfully cash out.

Thus, the transfer was completed smoothly. Legality and marital property concerns? Lu Sihong didn’t care.

“Don’t like it? Sue me.” Unfortunately, the second uncle was tied up in lawsuits, with neither the energy nor the face to sue his nephew. Even if he did, so what? By the time a verdict came, Lu Sihong would be firmly seated as the board’s top shareholder.

That 1% share was only temporary, but it pushed Lu Sihong to 16%, surpassing Patriarch Lu’s 15%.

The nearly fainting Lu Guofu and Lu Wenxing were busy making frantic calls.

Soon, news arrived: at the board meeting that day, Lu Sihong had openly clashed, while his allies helped his holding company acquire Lu Corporation shares above market price and manipulate the stock.

Burdened by the Fang Ming case, many were eager to sell their shares, so once the news spread, individual investors and companies came to sell.

By the morning market close, Lu Sihong had completed nearly 5% more in acquisitions.

In total, he now held over 20% of Lu Corporation.

The situation was settled.