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Miss Witch Doesn't Want to be a Diva-Chapter 660 - 284 The Beginning of the Patent War_2
The tips of her leather shoes touched the rain-soaked ground, and Hexia slightly lifted her head to look at the gap in the dark clouds above, where strands of light seeped through, illuminating this not-so-bright world.
A short distance ahead, Annelli was currently standing on the outside of the airport runway with an umbrella, with three hover cars parked behind her, along with several security personnel from Edith Academy.
After following Annelli into the Hover Car, it rose and then set off in the direction of Edith Academy, with streaks of rain sliding down the car window, blurring the outside world from view.
"How's the situation?" Hexia asked Annelli about the matter she had mentioned during the call.
"Yimi is currently doing all right; her family got her to the academy in time." Annelli transferred the data to the recording pad in front of Hexia and then detailed it.
'Yimi: "Ruiwensi Corporation" Chairman's second daughter, the third heir to the "Ruiwensi" company, with an older brother, the only other offspring of Ruiwensi.'
'The "Ruiwensi" company's business focuses on the production of water purification devices, holding approximately 22% of the market share. Competing in the same industry are companies like "Kosaides" with roughly 25% market share, and "Universal Group's" subsidiary "Grey Mountain Rock" company, dominating about 41% of the market.'
"In the past ten years, backed by "Universal Group's" financial conglomerate, "Grey Mountain Rock" company had ample funds and resources to suppress both "Ruiwensi" and "Kosaides," snatching a significant market share, causing both their profits and revenue to slump drastically."
"To combat "Grey Mountain Rock," backed by "Universal Group," both enterprises gradually drew closer to Edith, hoping to use the academy as a linchpin to join the consortium behind Edith Academy. To this end, as the chairman's second daughter, Yimi and "Kosaides" heir Kayue enrolled together and, under pressure from both their elders, got engaged at the beginning of the year, planning to marry officially after graduation."
"Everything was going smoothly after their enrollment; both their companies gradually gained the support of the consortium associated with Edith Academy. Though they couldn't overtake "Grey Mountain Rock," they at least managed to stabilize their market shares from further decline. Also, during their time at the academy, the two seemed to have a good relationship, with classmates occasionally spotting them on dates. Though it was a political marriage, they seemed to be a rather happy couple." Annelli, with headphones around her ear, spoke with a hint of envy. Even though she too came from a wealthy family, her marriage was not so free, unless she was like Deloris, the sole heiress destined to take over the family business, who could marry anyone she wished if Deloris herself wanted to.
"If all went well, they would probably marry in two years, but the conflict between Edith and Saint Yingo affected many businesses," Annelli's voice carried a tinge of regret.
"Unable to resist the olive branch thrown by Saint Yingo, or perhaps seeing no future in Edith's victory, last week, "Kosaides" decided to withdraw from the alliance with Edith, which also meant the end of their future marriage."
"The situation could have still been salvaged at this point, but "Kosaides," perhaps to demonstrate allegiance or for their own future benefit and to stand firm, deceived Yimi. As the heir to "Kosaides," Kayue tricked her into divulging "Ruiwensi's" patent information, the core element enabling "Ruiwensi" to continue operating."
"If the patents of both companies could be merged into joint research and production, it might result in products more competitive than those from "Grey Mountain Rock," which was the plan all along. Once the marriage took place, this plan would move forward, and they would gradually engage in cross-shareholding. If their children turned out to be exceptional, it might even lead to an outright merger of both companies."
"But there are no what-ifs. After the incident, Yimi came to her senses and reported the matter to her brother, who is currently the first heir to the "Ruiwensi" group."
"As an older brother, he couldn't tolerate Kayue's deception towards his sister, especially concerning the core patent information of the company. Almost instinctively, he led people to storm into "Kosaides" headquarters to confront and denounce them." Annelli was getting to the crux of the issue.
"However, he didn't meet Kayue; the one who received him was the person in charge of "Kosaides," Kayue's father. After the old man made a series of promises and apologies, the tension was temporarily defused, and they had dinner together before parting ways."
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"Not long after returning home, Yimi's brother began to feel unwell, and soon after, he lost consciousness and could not be revived, even by rushing to the hospital; his death was irreversible."
"Upon receiving the news of his son's death, Yimi's father called our academy's board and then sent a tearful Yimi back to school. What followed was "Ruiwensi" officially declaring a patent war on "Kosaides," with Yimi's father securing a substantial amount of funds through the emergency transfer of shares. Currently, about 14 High Rank law firms have accepted the commission, with a massive influx of personnel converging on "Ruiwensi," while "Kosaides" also declared a state of emergency."
"Patent wars, huh..." Hexia sighed after listening to Annelli's account, then continued to flip through the data in her hands.