"Final verdict: Defendant Lin Cheng is guilty of financial fraud and sentenced to two years in prison!”
Boom!
The court was in an uproar.
No one dared to believe it.
The second-in-command of the most popular internet company had actually been sentenced.
"Bang!"
The presiding judge's gavel slammed down.
"Silence!"
Although Lin Cheng had expected this, he still couldn't believe the outcome of the trial.
He was still stunned!
He really didn't show any mercy!
He turned around and looked at the audience. Other than a few people he knew, there was no one else he was familiar with.
Only now could he see the cold treatment.
Outside the court, as the results of the trial were announced.
The reporters surrounding the court exploded.
"Was he really sentenced?"
"This is the second most important person in the Teng Long Group. Big news, big news!”
The crowd was bustling, and everyone was trying their best to move forward, wanting to get the latest news.
"May I ask what the Teng Long Group thinks about this?”
"Will Mr. Lin Cheng's imprisonment affect Teng Long?”
......
A series of questions bombarded the face of the representative of the Teng Long Group.
The headlines of the day were also quickly released. Without a doubt, the entire page was occupied by Lin Cheng alone.
"The dust has settled. Lin Cheng of the Teng Long Group is suspected of financial fraud and sentenced to two years in prison.”
"The spokesperson of the Teng Long Group said that all the shares held by Lin Cheng were exchanged and cleared, and Lin Cheng no longer has anything to do with the Teng Long Group.”
"Due to the imprisonment of Lin Cheng, the president of Tenglong Entertainment, the stock market of Tenglong Group plummeted by 5% and lost more than 1.5 billion USD.”
"Is it a conspiracy or internal strife that Teng Long's greatest hero is imprisoned?”
......
The netizens were unfamiliar with the name Lin Cheng, but they were extremely familiar with the Teng Long Group.
Teng Long Corporation was the leader of the social circle. Everyone used Penguin, and the games they usually played were mostly produced by Teng Long.
They could even see Teng Long's logo in the movies they watched.
Moreover, as one of the earliest Internet companies, the market value of the Tenglong Group exceeded 30 billion US dollars this year.
It had become the fourth largest Internet company in the world after Facebook, Google, and Google.
Just this name alone was already well-known.
Lin Cheng could be said to be the biggest contributor in the Teng Long Group, second only to Brother Li.
Some tabloids and media outlets had already begun to dig into Lin Cheng.
In the end, they realized that Lin Cheng's resume was even more shocking than they had imagined.
In 1999, when Li Tengfeng was preparing to sell the company, he took action and became the largest shareholder other than Li Tengfeng. He also strongly advised Li Tengfeng not to sell the company.
And after Lin Cheng joined, the Teng Long Group really soared like a dragon.
The functions of Penguin were constantly optimized, and new functions were constantly being introduced.
Lin Cheng was also known as the best operating officer and coo in the group.
The year 2004 was a critical juncture when the Tenglong Group went public in Hong Kong.
Lin Cheng was one of the bell ringers.
In the same year, he became the president of Soaring Dragon Entertainment. From scratch, he broke through the blockade of Shengda Games and established himself in the game industry.
In 2005, Penguin Dazzle Dance went online and immediately ignited a traffic boom.
Countless keyboards in the internet cafe had been broken.
In 2006, Penguin Flying Car was launched.
In an instant, the internet cafe was filled with primary school students.
June 2007, the gunfight game Cross Firelinecs released for public testing.
July 2007, the 2D fighting game Dungeon Fighter Online went into open beta.
These four games had completely defeated Sheng Da and all the other game manufacturers, taking the leading position in the game industry.
At the same time, he entered the film industry and the literature industry.
He had taken over a series of entertainment companies such as Huayi and Zhongdian.
At this point, the structure of Tenglong Entertainment was formed.
Teng Long's market value also began to take off this year.
In just three years, it reached its peak in 2007, and its market value exceeded 30 billion US dollars.
He had trampled his former rivals, such as Xinlang and Sohu, under his feet.
At this moment.
The financial fraud case happened.
When Lin Cheng went to prison, everything he once had disappeared.
Looking at this resume.
It wasn't just the industry, but the netizens and citizens were all shocked.
The games he played, the movies he watched, and even the novels that people teased him about were all under his control.
This was the resume of a king!
.......
At the same time, on the top floor of the Soaring Dragon Building.
Li Tengfeng looked at the densely packed media downstairs, his expression unchanging.
After a long silence, he suddenly spoke.
"Zhidong, how much did our stock price drop?”
A tall middle-aged man handed over the report in his hand.
"It's only 5%!"”
Li Tengfeng took the report and glanced at it. He revealed a hint of mockery."He's only worth this 5%?"
"Aren't you underestimating him too much!"
They all knew that this 5% was just the beginning.
Zhang Zhidong sat down and said casually,""So what? Can't we afford to lose this bit of money? Can't the Soaring Dragon afford to lose out?"
Li Tengfeng turned his head. However, in two years, or even less, have you thought about how to face him?”
"You, me, and even the entire Soaring Dragon know how powerful his ability is.”
Zhang Zhidong was silent for a while before he smiled.""Are you afraid of Lin Cheng? This is not the Li Tengfeng I know!”
"And…" Zhang Zhidong was full of pride."Right now, Teng Long's market value exceeds 30 billion USD. What will it be in two years? 50 billion, 60 billion?"
"As long as the number of netizens in Xia country continues to increase, our stock price will continue to rise.”
"At that time, even if Lin Cheng comes out, what can he do?”
"Tengfeng, the big picture of China's Internet is set!”
"From now on, Tenglong is yours and mine. The Internet Tenglong of China is the one in charge!”
Li Tengfeng stood on the top floor of the Penguin Building and looked into the distance. He did not comment.
After a long time, he said indifferently,"I hope so!"”
.........
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