Yang Chen savored his coffee slowly in the café, and soon a courier delivered the stock transfer documents and related materials to him.
Meanwhile, in Beijing, Wang Ranglin received a report from the Secretary, saying that Yang Chen had bought another 40% of Yida Commercial Group at a high price.
Currently, Yida Commercial Group only has three shareholders left: the major shareholder Yida Investment Company holding 51%, the second shareholder Yang Chen holding 40%, and the third shareholder Yida Culture holding 9%.
This means Yang Chen spent money to buy out all the shareholders except for the Yida Group.
Wang Ranglin frowned deeply, quite shocked.
He was surprised not by how Yang Chen had so much money, but how he managed to convince other shareholders to sell their shares.
Wang Ranglin quickly called the previous shareholders to ask what happened, but the answer he got was Yang Chen offered too much, making it impossible to refuse.
