Hong Kong 1980: The Savage Era

Chapter 210 [Breaking News Loan Business Model]

Seeing this, Cheng Jianshen didn't dare to say anything. The boss had anticipated the worst outcome and given a solution. If he continued to doubt, he would really offend the boss.

Seeing that his colleagues and boss had fallen silent, Chen Zhilong brought out another piece of bombshell news, "Boss, there is news about the Lin Zuhui family and its subsidiaries that you asked me to investigate. This is the detailed report of the investigation."

"You guessed correctly. The internal fighting in Lin Zuhui's family has intensified a lot. There are reports that Lin Zuhui's wife Xu Jiawen is secretly transferring the assets of Lin Zuhui's family, selling a small amount and transferring most of them to private companies."

Luo Qihong's eyes lit up when he heard the news. The Lin Luoxun brothers had tricked him at Yonghua Company, and now the chance to get it back came. If he helped Xu Jiawen and her son to get most of the Lin family wealth, it would definitely be a slap in the face for the Lin Luoxun brothers.

Cheng Jianshen was surprised at first, but then he realized the problem and asked, "Director Chen, didn't Lin Zuhui and his team find out about what Xu Jiawen did? Haofeng Real Estate Company should be in Lin Zuhui's hands."

Chen Zhilong smiled mysteriously and said, "Manager Cheng, you don't know this. Lin Zuhui is ill, and his sons Lin Luoxun and Lin Luoshi are focusing on Yiren Real Estate Company."

"Originally, these matters were handed over to Lin Luoxun, but unfortunately Lin Luoxun thought they were unimportant and handed them over to his confidants. However, Xu Jiawen bribed those confidants with some unknown means, and Xu Jiawen transferred a lot of company assets at market prices."

Market price?! Does this count as a transfer of inheritance?

The top executives all looked down on Chen Zhilong. This should be a normal transaction. Even if Lin Luoxun knew about it, he might not care about it.

Chen Zhilong didn't mind these looks, and smiled, "Taking over at the market price is not considered a transfer of assets, but Xu Jiawen is in finance and knows a little about finance and real estate, so she tampered with the payment time in the contract. Instead of paying in installments, she will pay the balance in full six months."

"The important thing is that the penalty for breach of contract is very low, only 1% of the property value. Xu Jiawen also took the opportunity to mortgage some of the family's assets and made some false accounts to get about 6 million yuan in cash, intending to take over all the assets sold by Haofeng Real Estate Company."

Using the family's money to buy family assets is indeed cruel.

As for the truth being revealed, Xu Jiawen might have figured out Lin Zuhui's intentions and he would only give him a light punishment and a severe warning, and in the end he would still have to help Xu Jiawen fill the hole.

Luo Qihong guessed that it might be because Lin Zuhui deprived Lin Luoqi of the operating rights of Yiren Real Estate Company. Since he had taken something away, compensation was naturally required.

"Boss, what should we do?" Chen Zhilong asked. Zhaoan Real Estate Company and the Lin Luoxun brothers had a conflict over the Yonghua Company project.

"What can I do? I can't report Xu Jiawen to Lin Luoxun, nor can I help Xu Jiawen transfer family assets and falsify accounts. Such things will be leaked sooner or later, and it will be troublesome if I get involved with the Independent Commission Against Corruption."

Xu Jiawen and Lin Zuhui are husband and wife, they can "fight at the head of the bed and make up at the foot of the bed", but if outsiders get involved, then things will change and they will become united against the outside world.

Cheng Jianshen suddenly said, "Perhaps this asset transfer is related to Lin Luoqi's Best Real Estate Company, but it's not so obvious."

Luo Qihong thought about it and realized that if Xu Jiawen wanted to fill the hole, she would definitely need to make money, but she couldn't just wait for property prices to rise. She could only do it through other means, and the way Cheng Jianshen mentioned was the most likely one.

So Luo Qihong looked at Chen Zhilong and asked, "Is there any information leaked in this regard?"

Chen Zhilong did check, but found no trace, so he shook his head and said, "There is no news on this at the moment."

"Then continue the investigation, focusing on Best Property Company." Luo Qihong ordered.

"Yes!" Chen Zhilong nodded.

After the senior executives left, Luo Qihong read the investigation report again, but still did not gain much. It was difficult to determine how Xu Jiawen wanted to digest these properties.

Luo Qihong left work half an hour early and went straight to Shengyun Printing Company in North Point.

As the industrial buildings here were scattered and not managed like an industrial park, Luo Qihong walked into Shengyun Printing Company with a group of bodyguards amid the surprised gazes of passers-by. Fortunately, when acquiring Shengyun Printing Company, Luo Qihong and Luo Qixing had worked here for some time, so the receptionist recognized Luo Qihong immediately.

The lady at the front desk was surprised for a moment, then she trotted over and asked with a smile, "Mr. Luo, are you looking for General Manager Luo or Deputy General Manager Luo?"

"I'm looking for my elder brother." Luo Qihong smiled faintly, "Why hasn't my elder brother promoted you yet? You seem to have worked here for two or three years, right?"

The lady at the front desk smiled and said, "Deputy General Manager Luo has promoted me. I am now the head of the administrative department. I was just filling in for a colleague on duty."

Luo Qihong nodded slightly. "That's good! Work hard. When the company grows bigger, you will definitely be the manager. Your salary will at least double."

"Thank you Luo Sheng for your advice!" The lady at the front desk was very happy. With a big shot like Luo Sheng as a shareholder, it would be a piece of cake for Shengyun Printing Company to grow.

Cluck! !
The lady at the front desk knocked on the door of Luo Qixing's office and said, "Deputy General Manager, your brother Luo Sheng is here."

Luo Qixing looked up from his desk and saw that it was Luo Qihong. He was very happy and asked, "Why didn't you call me when you came?"

"I just wanted to come over and take a look, but I was too lazy to call." Luo Qihong laughed. The two brothers didn't need to be too polite.

Luo Qixing waved his hand and asked the receptionist to make two cups of coffee.

"How's business lately? Is it still as bad as before?" Luo Qihong asked casually.

To him, the business of Shengyun Printing Company was not worth mentioning. It could not make much money nor lose much money. It was just something for Luo Qixing to do.

"It's a little better than before. There have been many social events recently, and many newspapers have come to us for cooperation." Luo Qixing became discouraged as he spoke. "It's just that the business at the newspaper is not very good. It has been making losses."

"Ah Hong, do you have any idea to improve the newspaper's turnover? If we continue to lose money like this, we really can't bear it anymore."

Luo Qihong shook his head. Fujia Newspaper was too small, and it was difficult to publish new magazines. Now they could only see if they could suddenly grow rapidly by the method of a snake swallowing a whale.

"Brother, this depends on whether you have the courage to tear down the sky?" Luo Qihong said with a sudden smile.

Hearing this, Luo Qixing glanced at Luo Qihong. Even his younger brother said that it was a huge project, so the project must be huge, at least several times the size of Fujia Newspaper Company.

He gritted his teeth and said, "Tell me about it, I'll see if I can do it."

"Take out a loan to purchase a best-selling magazine or newspaper issue!" Luo Qihong said seriously, his eyes fixed on the expression on Luo Qixing's face.

"Gurgle!" Luo Qixing couldn't help swallowing and suppressing the shock in his heart.

"How much does it cost?" Luo Qixing had been busy with the printing company's affairs and really didn't know much about the newspaper industry. He just checked the accounts of Fujia Newspaper.

"A few million, maybe even less than 1 million." Luo Qihong said.

Luo Qixing took a deep breath and said, "Isn't it too much? Fujia Newspaper is only worth 1 million yuan, and Shengyun Printing has a lot of debts. It can't come up with so much money."

(End of this chapter)