Teng You Media is experiencing significant turmoil internally.
Financial media, including numerous journalists, are camped out at the Teng You Media headquarters, eager to learn more about the sudden resignation of two senior vice presidents.
Meanwhile, the stock price has begun to fluctuate dramatically, dropping more than 8% in just three days, equivalent to more than 80 billion in market value.
In the past decade, Teng You Media's stock price has fallen below one trillion for the first time.
Many people want to ask, what's going on?
Clearly, a drop in stock price indicates a panic in the market.
This has led many to sell off their Teng You shares en masse.
Journalists want to probe inside, but even internal management is unaware of what exactly has happened, as if suddenly, a wave of loyal senior managers following Zhang Wanyi is either being replaced or dismissed one by one.