Chapter 257: Chu Qingxue’s Biggest Crisis - Fourth Update!

Words : 1302 Updated : Oct 7th, 2025

Fourth Update! "Without the Chairman present, initiating the board of directors’ voting procedure seems somewhat unreasonable, doesn’t it? Especially since what is being voted on is the Chairman’s decision!" Qiu Muran expressed her doubts. "When the Chairman is absent, President Chu has the authority to implement the board of directors’ voting procedures; there’s nothing inappropriate about it. Moreover, Assistant Ye currently serves as the Chairman’s representative, which is the equivalent of the Chairman being present!" Chu Xuanyu declared. Qiu Muran glared at him, "You’re equivocating!" Chu Xuanyu and the others refused to acknowledge that Ye Chenfeng held the old Chairman’s shares and wanted to initiate a board of directors vote, but now they were saying that Ye Chenfeng was Chu Renkuang’s representative. Isn’t that equivocation? "Alright then, what do the other directors think?" Chu Qingxue swept her gaze over those present. "We all agree to initiate the board of directors’ voting procedure!" The majority agreed to the proposal. "Good, let’s begin the board of directors’ voting procedure!" The final decision formed by the board of directors’ voting procedure would be unchangeable by anyone and is rarely invoked within the company. "I oppose the Chairman’s decision!" "I oppose it too!" ... As the last voice died down, Chu Qingxue closed her eyes. The outcome was clear—the board of directors had overruled Chu Renkuang’s decision to transfer his shares to Ye Chenfeng, rendering it null and void! "Trouble, President Chu, and all directors, Chu Corporation’s stock price has plummeted; it has now fallen below the market index and is being acquired in large quantities at low prices. The company is short on funds and has fallen into an economic crisis!" Just then, another piece of bad news came, plunging Chu Qingxue into an icy abyss as if she had fallen into a pit of ice for ten thousand years. "President Chu, do you see the impact of the two rumors Assistant Ye and you have caused? Just one headline has plunged the company into a financial crisis! Now all of the company’s funds have been invested in the First Resort project, and we’re powerless to save the stock market! What is your decision now?" Dong Shi Guo looked at Chu Qingxue and asked. Chu Qingxue lifted her head and glanced at him, smiling faintly, "I don’t have any particular thoughts. What about you, Uncle Dong?" Dong Shi Guo looked at the directors and then said, "President Chu, as far as I know, you took on a mysterious project two years ago. How mysterious is it? In the company, apart from you, I fear there is no second person who knows what that project involves, including our board of directors. Isn’t that right?" Ye Chenfeng squinted his eyes; he seemed to understand what Dong Shi Guo was referring to—the Nano Warhead project that Chu Qingxue and Lu Wanqing were collaborating on. Chu Qingxue nodded, "Yes, that’s correct!" "A project known only to President Chu alone, yet it has consumed as much as fifty percent of the company’s research funding. Don’t you think that’s rather excessive?" Dong Shi Guo pressed. "Excessive my ass; in this company, my wife has the final say. Who the hell do you think you are?" Ye Chenfeng, who had long been irritated, pointed at Dong Shi Guo and cursed. Remembering a previous incident, Dong Shi Guo couldn’t help but shudder, and cold sweat broke out on his back. "Ye Chenfeng! This doesn’t concern you! Step aside!" Chu Qingxue said irritably. Damn it, who do you think you are? You snobby woman, I’m trying to help you, and this is how you treat me! Ye Chenfeng also had a temper, and Chu Qingxue’s attitude made him very angry. "Fine, fine, fine, I’ll stay out of your business, okay? Have I been too meddlesome?" Ye Chenfeng said angrily as he stepped aside and paid her no more attention. Tears shimmered in Chu Qingxue’s eyes, but she still asked, "What do you mean, Uncle Dong?" "I’ve discussed it with the other directors, and it’s either you hand over the project, or you voluntarily resign from the position of Chu Corporation’s CEO! I want to give the position to Chu Xuanyu, the Chairman won’t mind, right? After all, Chu Xuanyu is the only legitimate heir to Chu Corporation!" Dong Shi Guo said. Chu Xiuen also stood up, "Qingxue, today I am not your second uncle, and you are not my niece; we are holding this meeting as superiors and subordinates. I agree with what Deputy Director Dong has said, but I want to make two points here. First, it’s only natural for you, the CEO, to get married, and no one will stop you. But your status is special as the CEO of the Chu Family, and even the slightest bit of news about you affects Chu Corporation. Take today’s rumors, for example, they’ve caused a huge impact on the stock market within just a few hours, leading to panic among the society and investors. Chu Corporation is now in a financial crisis. Second, about your secret project, it’s been two years, but no profit has been seen, and instead, it’s consuming fifty percent of Chu Corporation’s annual research funding! Moreover, there is no financial report to be seen, which is baffling. I think you should resign from the position of Chu Corporation’s CEO and hand over all your shares. You have the right to keep your secret project, but the funding for scientific research should be stopped!" "You... you are forcing the CEO!" Gu Jundie protested in dissatisfaction, her face filled with anger. "The directors are meeting, it’s not your place to speak, you mere secretary!" Dong Shi Guo rebuked. Silence! The meeting room fell into utter silence! After pondering for a long moment, Chu Qingxue finally spoke slowly, "I choose to keep my project, resign from the position of CEO of Chu Corporation, and am willing to surrender all my shares!" "Sss!" Upon her words, everyone in the room kept drawing in breaths sharply, looking at Chu Qingxue incredulously. Including Dong Shi Guo and Chu Xiuen, they had thought of Chu Qingxue as an incredibly strong character who would by no means give up the CEO position, but in the end, she compromised. Could it be that there was some earth-shattering secret hidden within that project? Their eyes immediately became fervent.NovelFire "According to the regulations, with Chu Qingxue leaving, everyone else’s positions remain the same. Of course, Ye Chenfeng, I am pleased to inform you that you are fired!" Dong Shi Guo said with a sly look on his face. Just as Chu Qingxue and Ye Chenfeng were returning to the CEO office to pack up and go home, another piece of bad news arrived: Venerable Basketball Club is suspected of match-fixing, gambling, and money laundering, and now Kong Zhe, the captain of the Venerable Basketball Club, along with three other players, has been arrested by the police! Moreover, Chu Qingxue of Chu Corporation, the behind-the-scenes owner of Venerable Basketball Club, is also under investigation! "Damn!" Ye Chenfeng was shocked as well. He had personally witnessed Kong Zhe and Chu Xuanyu’s actions last night and was sure they were about to rig the game, but now this was being used to frame Chu Qingxue. Chu Qingxue once again became a hot topic online, and Chu Corporation’s stocks continued to take a hit. The police came quickly; Ye Chenfeng had barely sat down when they arrived. And leading the police was someone Ye Chenfeng and Chu Qingxue knew well – Chen Xijun. "Captain Chen, you’re here?" said Chu Qingxue calmly. Chen Xijun’s expression wasn’t too pleasant either. After glancing at Ye Chenfeng and then back at Chu Qingxue, she spoke, "I never expected so much to happen in just a few hours today!"

Chapter 257: Chu Qingxue’s Biggest Crisis - Fourth Update!

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