We're building a super chaebol in Hong Kong

"Introductions are unnecessary. I already have several potential buyers, and we're currently in negotiations. I'll naturally sell to whoever offers the highest price." Hearing that Su Cheng wanted to introduce him to buyers, Yan Chengkun directly shook his head in refusal. Although more buyers meant greater competition and more benefits for him, the Yan family didn't want to owe Su Cheng any more favors.

"Then, as you wish," Su Cheng said indifferently, as he had only mentioned it casually.

At that moment, Zhang Qizheng walked in from outside.

"Boss, Mr. Yan, the press conference is about to start. Please prepare yourselves at the venue. The reporters have mostly arrived," Zhang Qizheng said directly to the two men.

Su Cheng looked at the watch on his wrist. It was already 8:55 AM.

The scheduled start time for the press conference was 9:00 AM, so there were only five minutes left. It was indeed almost time.

Thus, the group left the office.

The press conference was arranged in a vacant area of the building, which was usually used for employee meetings. It covered an area of seven or eight hundred square meters, which was large enough.

At this moment, in this spacious area, preparations for the press conference had already been made.

When Su Cheng and the others arrived at the scene, the eyes of everyone present turned towards them.

Because China Bus had announced the time of the press conference to the public yesterday and invited major and minor media outlets from Hong Kong, a large number of media outlets attended, totaling more than 100, with a headcount of three to four hundred people.

At the front, the podium had already been set up, with nameplates placed on each seat. Su Cheng's seat was right in the center, with Zhang Qizheng to his left, and Yan Chengkun, the current chairman of China Bus, to his right. Of course, his position as chairman would officially end after the press conference.

Looking at the placement of seats on the podium, everyone had already guessed that China Bus was likely changing ownership.

The Yan family, who had controlled China Bus for more than forty years, was about to officially step down.

Otherwise, there would be no reason to place Su Cheng in the most central position.

The reporters below the stage were all discussing animatedly.

Previously, many people had already guessed that with the Yan family's strength, they would not be able to compete with Su Cheng. Even though China Bus was their home turf, since Tianyuan Investment Company had publicly announced its intention to acquire China Bus, they must be very confident. Otherwise, they would not have disclosed this matter so easily.

Now, for many people, it was not a surprising matter.

Many people naturally believed that this outcome was to be expected.

On the podium, besides Su Cheng, Zhang Qizheng, and Yan Chengkun, there were also several senior executives from China Bus.

These senior executives had already learned about the situation of China Bus in advance. Regarding the sudden change of the company's owner, they were actually not very confident.

After all, what these senior executives feared most was whether the new boss would conduct a major reshuffle of the company after taking office, such as replacing all of them, which would mean they would face the possibility of being fired.

However, the new boss had not yet expressed his intentions, so they could only attend this press conference with various thoughts in their minds, wondering whether the company would undergo a major reshuffle in the future.

Immediately, the previously noisy environment at the scene quieted down.

"Next, let's welcome Mr. Yan Chengkun, Chairman of our China Motor Co., Ltd., to speak." Although this senior executive in charge of hosting knew that the company had changed its actual controller, Zhang Qizheng and Yan Chengkun had not discussed the meeting with him, so he could only say an opening remark and then directly hand the microphone to the boss, Yan Chengkun.

Before officially announcing the change of boss at China Bus, Yan Chengkun was still the chairman of China Bus.

And Yan Chengkun, at this time, actually didn't have much thought to put on this press conference. After all, this could be regarded as the biggest humiliation he had suffered since he started his business. The control of the company was snatched away, and there was no room for resistance, it was snatched away very directly and simply.

Nevertheless, he also knew that he had to give everyone an explanation.

At this time, Yan Chengkun no longer had the high-spirited look he once had.

Although the Yan family suffered no losses from the sale of China Bus shares, but instead gained huge cash reserves.

However, in Yan Chengkun's view, he was a loser in the China Bus affair.

So, Yan Chengkun, who was over eighty years old, perked up his spirits and said to everyone, "Today should be my last day as Chairman of China Motor Company. Everyone should have thought of it, yes, our Yan family has lost control of China Motor Co., Ltd., and Mr. Su Cheng's Tianyuan Investment Company has officially become the controlling shareholder of China Motor Co., Ltd..

The business world is like a battlefield. The Yan family's failure in the competition for control is due to our lack of strength. I have nothing to say about this, so here I officially announce that I, Yan Chengkun, will officially resign from the position of Chairman of China Motor Co., Ltd. from today onwards. China Motor Co., Ltd. is the company to which I have devoted the most effort and energy in my life. Although I am no longer the chairman of the company, I sincerely wish that the future of China Motor Co., Ltd. will go further and further. Thank you!"

After speaking, Yan Chengkun stood up and bowed slowly to everyone, which was also his farewell to China Bus.

From now on, he no longer needed to live the days of coming to the headquarters of China Bus Company early every day and going back very late at night.

In the media reporter area below the stage, many cameras frantically took pictures.

Yan Chengkun's bow represented that the former Hong Kong Bus King had finally taken off this title.

No one would pity him, this was too normal in the business world, if your strength is not as good as others, you will naturally not be able to compete with others.

"The Yan family used to be so glorious, but now it's really unexpected!" An old reporter sighed.

The 1950s and 1960s were Yan Chengkun's most glorious moments.

And now, before the arrival of the 1980s, all his glory has dissipated with the wind because of this. (End of chapter)