I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 222 Yang Chen Takes Complete Control of the 4 Seas Group, and Starts Free Medical Care for E
Chapter 222 Yang Chen Takes Complete Control of Sihai Group, Starts Free Medical Care for Employees
Wang Wenkang said with a smile, "We've already discussed it. We'll tear up the previous performance-based agreement, and from now on, the 67% stake in Sihai Group will belong entirely to you. From now on, you'll have complete control of Sihai Group. How much money you make is up to you, and you'll also be responsible for repaying the debts. Mayor Huang personally reported to his superiors yesterday, and we should have a result before the end of the year. If we succeed, you can continue to prioritize building industries in Jiangcheng. What do you say?"
This was an absolute game-changer for Yang Chen; no matter how much other cities offered, it couldn't compare.
Yang Chen said with a smile, "Oh my, you guys have given me a surprise."
"Haha...that's definitely a surprise. If we can handle things on our end, then Chairman Yang should be fine too, right?" Wang Wenkang said with a smile.
Yang Chen laughed heartily and replied, "Since you've all shown such sincerity, what else can I say?"
Wang Wenkang said excitedly, "Haha... Okay, it's settled then. There will definitely be results today. Wait for my news. I won't bother you anymore, bye."
For Yang Chen, it didn't matter where he invested and built the factory; he would choose whichever offered the most preferential treatment.
At 8 p.m., the Supreme People's Court suddenly issued an announcement.
"Because Wang Sihai, Tong Jiamei, Wang Chengqian, and Wang Chengkun violated relevant laws, the Supreme Court ruled to confiscate all of their assets, including but not limited to stocks, funds, deposits, company shares, real estate, and antiques."
Subsequently, the National Central Bureau also issued an announcement.
"Due to the serious illegal activities committed by Wang Sihai and Tong Jiamei, the two have now been officially placed on the Interpol Red Notice list. We hope that relevant countries and regions will provide active cooperation to assist us in apprehending them as soon as possible."
These two announcements, once issued, legally removed the obstacles for Yang Chen to fully acquire the 67% stake in Sihai Group.
At this moment, Yang Chen was playing and frolicking in the wine pool and meat forest with 6 beauties, oh no, now it should be 10 beauties.
"Chairman Yang, come and get me! Hehe..."
"Chairman Yang, come and catch me! If you catch me, I'll let you have your way, hehehe..."
"Ha ha……"
Yang Chen reached out and started grabbing wildly, just then his phone rang by the pool.
Chen Xi quickly leaned over the edge of the pool, grabbed her phone, and saw that it was Wang Wenkang calling.
Chen Xi quickly gestured for her sisters to be quiet, then answered the phone and held it to Yang Chen's ear.
"Hey, Chairman Yang, it's done! But, things aren't going as we expected. Sigh..." Wang Wenkang said unhappily.
Yang Chen sat by the pool, with beautiful women kneeling beside him to massage him.
"What do you mean? If it works, it works; if it doesn't, it doesn't. Why is it different from what you expected?" Yang Chen asked.
Wang Wenkang replied, "The Supreme Court ruled to confiscate all of Wang Sihai's family's property, and the Central Bureau put Wang Sihai and Tong Jiamei on the red list. Legally, all obstacles have been cleared, but Mayor Huang called back and said that the higher-ups require you to distribute the benefits evenly, arranging 3-5 projects with investments of no less than 1 million yuan in each province across the country. As long as you can accept this condition, the 67% equity held by Wang Sihai and his wife will be given to you, and the performance-based agreement you signed with us before will be invalid and void. In the end, we've been doing all this for someone else. Sigh, isn't this different from what we expected?"
"Haha... If we calculate 5 million per province, and there are 34 provincial-level administrative regions in the country, that's 170 billion. Hmm, I think that's acceptable, I accept this condition," Yang Chen said happily.
The higher-ups probably wanted to silence the complaints from the various provinces, so they instructed Yang Chen to invest 3-5 million yuan in projects in each provincial-level administrative region. This might be very difficult for others, but for Yang Chen, this amount of money is just a drop in the ocean. It can be seen as the higher-ups giving Yang Chen preferential treatment.
Wang Wenkang sighed and said, "I won't say anything more. This way, everyone's happy. Just delay your holiday by one day. On the 28th of the twelfth lunar month, all the provincial delegations will come. Our municipal government will organize a symposium, and you can have a good talk with them. Is that alright?"
Yang Chen laughed and said, "Okay! Then I'll trouble you all. Haha..."
Yang Chen happily put down his phone, put his arms around Chen Xi and Huang Wei, and said loudly, "No one is allowed to sleep tonight, we'll fight until dawn! I'm going to start catching people now, whoever I catch will be... hehehehe..."
When people are happy, they feel refreshed and have great energy.
No one should sleep tonight; we must fight until dawn.
On the 28th day of the twelfth lunar month, most companies have already closed for the holidays.
Nine o'clock in the morning.
Yang Chen arrived at the State Guesthouse and met with representatives from 34 provincial-level administrative regions across the country.
At the request of the delegations from various provinces, each delegation is permitted to broadcast this symposium live.
Their main goal was to tell the local residents that they had genuinely tried to negotiate a partnership with Yang Chen, and to stop calling the mayor or anything like that, as the staff were on the verge of a breakdown.
Chen Xi personally took charge of the live broadcast of this symposium at Sihai Group.
Yang Chen entered the venue, where he was greeted with applause from delegations from various provinces.
"Hello Chairman Yang, we are the Guangdong delegation. Please take good care of us."
"Hello Chairman Yang, we are the Fujian Provincial Delegation. Please take good care of us."
"Hello Chairman Yang, we are the Anhui Provincial Delegation. Please take good care of us."
"Hello Chairman Yang, we are the Hong Kong delegation. Please take good care of us."
……
The delegations lined up to await Yang Chen's inspection, and everyone greeted him in turn, to which Yang Chen responded in a friendly manner.
After greeting everyone, Yang Chen went up on stage and sat in the center position.
At this moment, the live stream chat of Sihai Group was filled with comments.
"Wow, Boss Yang is really handsome. Isn't it said that God opens a window and closes a door? Why didn't he close anything?"
"This aura, this temperament, from now on, female-oriented CEO novels will have to be written according to Mr. Yang's standards, otherwise I won't read them."
"Awesome! If a person can achieve this, they've truly lived a worthwhile life."
……
This is, after all, Jiangcheng's home ground, and Huang Zhenhua personally presided over this symposium.
"Distinguished delegates, good morning, welcome to Jiangcheng. I wish you all a Happy New Year in advance, and I hope that you will all achieve even greater success in the new year, and that each of you will be promoted three ranks."
"Haha..." The whole audience burst into laughter.
Huang Zhenhua continued, "Through our continuous efforts, we have finally ensured that Chairman Yang's benevolence extends to every province."
"Haha..." The whole audience burst into laughter again.
Everyone knows that Huang Zhenhua's efforts to lobby the higher-ups were actually aimed at making a deal with Yang Chen, using the 67% stake in Sihai Group to entice Yang Chen to continue focusing his businesses on Jiangcheng in the future.
However, Sihai Group had debts in every province, so the higher-ups proposed that Yang Chen share the investment projects in each province equally so that no one would have anything to say.
Huang Zhenhua's tone clearly conveyed resentment, which is why everyone laughed at him.
Huang Zhenhua continued, “I can see that everyone is very happy, so let’s get straight to the point. Today’s symposium is to give representatives from each province the opportunity to discuss investment matters with Chairman Yang face to face. In order not to waste time, let’s get straight to the point now. Each province will come up one by one in alphabetical order to talk to Chairman Yang. Come on, let’s start with the representative from Macau City to come up and talk to Chairman Yang.”
Macau has almost no industry or agriculture, and its economy is mainly based on entertainment and service industries, especially casinos and hotels. Loan sharking is also highly developed here, and it is the only place in China where gambling is legal.
The representative from Macau City, Huang Meiqiong, President of Macau City Gaming Holdings, said with admiration, "Hello, Chairman Yang. I've long admired your name and longed to meet you in person. Today I'm finally able to meet you in person. A man who can make and break at will in the global financial market is indeed extraordinary. Chairman Yang is not only handsome, but also has a great presence. Does Chairman Yang have a girlfriend?"
The people around laughed. This was an investment promotion conference, not a matchmaking event. Mr. Huang had gone a bit off-topic.
Yang Chen replied with a smile, "If I said no, it would seem like I was being hypocritical. I do have one, and more than one."
A hint of regret flashed across Huang Meiqiong's face, and she softly said "Oh," but then she asked, "Would you mind having one more? Anyway, I'm in Macau, and I won't interfere with your affairs in Jiangcheng. You just need to promise that I'll be your only girlfriend when you go to Macau."
People around looked over in shock and gossip, which really proved what netizens said: "You can never know how proactive your goddess is in front of other men."
Huang Meiqiong is a well-known beauty in mainland China, Taiwan, and Hong Kong. She is also the current president of Macau City Gaming Holdings Group. Her father is a big shot in Macau's casino and entertainment industry, with connections in both the legal and illegal worlds, as well as in politics and business. Countless young men dream of marrying her.
However, she never gives anyone a chance, not even a one-on-one date, to the point that some people suspect she has a problem with her sexual orientation.
It's hard to believe that she would willingly become Yang Chen's girlfriend in Macau, knowing full well that Yang Chen has girlfriends, and more than one.
At this moment, Chen Xi, who was in charge of the live broadcast, pouted angrily and cursed inwardly, "Vixen, so flirtatious in public, on our first meeting. Humph!" Meanwhile, the live broadcast chat of Sihai Group was filled with comments.
"Holy crap, Miss Huang is being so proactive?"
"See how proactive your goddesses, whom you dream of day and night, are in front of handsome guys?"
"The facts prove that there is no such thing as a cold goddess in this world. If you say there is, it only means that she is cold to you and you have no idea how enthusiastic she is to other men."
"I agree to this marriage. It will strengthen cross-strait relations, which is a good thing both publicly and privately."
……
Meanwhile, the young men who were watching the Macau delegation's live broadcast and who admired Huang Meiqiong were feeling quite distressed.
The netizens' comments perfectly describe these rich young men. They finally understand that Huang Meiqiong isn't a cold goddess; she's just cold to them. When it comes to Yang Chen, she's incredibly enthusiastic.
If Huang Meiqiong can afford to play these games, Yang Chen naturally can't appear to be someone who's never seen the world.
"Is what Mr. Huang mentioned also part of the project?" Yang Chen asked with a smile.
Huang Meiqiong covered her mouth and laughed, then said, "Yes! I think doing any number of projects is not as worthwhile as directly controlling Chairman Yang's people. Chairman Yang, don't you agree?"
"Haha...you're right, let me think about it. Are there any other projects?" Yang Chen replied with a smile.
Huang Meiqiong nodded and showed Yang Chen the candidate projects she had brought.
“Come on, Chairman Yang, please take a look at the project patiently. I’ll just watch you quietly,” Huang Meiqiong said with a charming smile.
Oh my, not to mention Yang Chen, even the onlookers couldn't resist and all showed very gossipy smiles.
Despite being surrounded by beautiful women every day, Yang Chen still lost after a few rounds, his face turning red from Huang Meiqiong's chatter.
After careful selection, Yang Chen chose three projects.
The first project was the establishment of Jun'ao Horse Racing Company, which mainly deals in horse racing, greyhound racing, and related betting projects.
The company's registered capital is tentatively set at 5 million yuan, with a total investment of 10 billion yuan across all projects.
The second project involves the upcoming auction of a new gaming license in Macau. This auction will add a new gaming license, and Yang Chen intends to bid for it. This would allow him to legally operate casinos and other gambling services in Macau.
The third project is a landmark building to be constructed in Macau, with an estimated investment of 60 billion yuan. Whoever contributes the most money will name the building after themselves.
Huang Meiqiong smiled and nodded, saying, "Chairman Yang is very ambitious. Then let's finalize these three projects. Let's add each other on WeChat so I can chat with Chairman Yang anytime."
Yang Chen smiled and nodded, then added Huang Meiqiong as a WeChat friend.
Huang Meiqiong happily took the materials and left the stage, and the next delegation immediately took the stage.
There were 34 delegations, which seemed like a lot, but it didn't take much time to process each one, even though it only took a few minutes.
Yang Chen is currently just selecting projects that he finds appealing, and the special team from Sihai Investment will follow up and discuss the details.
If both sides can reach an agreement, then the investment can proceed.
If an agreement cannot be reached, then switch to another project or cancel the cooperation altogether.
The higher-ups were just using this to appease the provinces. It would be best if Yang Chen could cooperate with the provinces, but it wouldn't matter if cooperation didn't work out.
After the symposium, Huang Zhenhua, along with Yang Chen and the delegations from various provinces, went to the state guesthouse for a banquet.
As the main character today, Yang Chen naturally had to say a few words before the meal began.
Yang Chen smiled and said, "I don't like to say those polite words. I also wish everyone a Happy New Year in advance, and may you all achieve even greater success in the new year. I hope we can cooperate happily and work together to help China's economy take off, so that people in every province can live a good life. Thank you all."
Everyone in the room stood up and applauded. Yang Chen smiled, waved to everyone, and went to sit down in his seat.
Huang Zhenhua said a few more words, and then they started eating.
Representatives from various provinces lined up to toast Yang Chen, each of the 34 representatives taking a glass, until Yang Chen was quite tipsy.
Before the banquet was over, Yang Chen left early to go home and sleep.
On the 29th day of the twelfth lunar month, all employees except those who needed to be on duty for the Spring Festival were already on holiday.
At 8:00 AM, the Jiangcheng Municipal Government, the Jiangcheng State-owned Assets Supervision and Administration Commission, the Sihai Group Debt Committee, all shareholders of Sihai Group, Sihai Group, and Yang Chen personally jointly issued an announcement.
"After friendly negotiations, the 67% stake in Sihai Group held by suspects Wang Sihai and Tong Jiamei was sold to Mr. Yang Chen for 1 yuan. From now on, Mr. Yang Chen will be responsible for everything in Sihai Group, including control, management, operation, decision-making, and all debts. From now on, all creditors of Sihai Group need to negotiate debt repayment with Mr. Yang Chen, and the Jiangcheng Municipal Government and the Jiangcheng Municipal State-owned Assets Supervision and Administration Commission will no longer interfere."
Upon seeing this news, netizens flocked to Yang Chen's Weibo to leave messages of blessing.
"Congratulations, congratulations, now you are the real Boss Yang."
"Wow, this is simply the best example of a grassroots success story. From being a scapegoat to gaining control of a corporation, this could be made into an inspirational movie."
"I envy all the employees of Sihai Group. From now on, they are truly Boss Yang's employees."
"No wonder they announced the confiscation of Wang Sihai's entire family's property and put the couple on the Interpol Red Notice list. It turns out it was to clear away legal obstacles."
……
Tomorrow is Lunar New Year's Eve, and Yang Chen wants to give all his employees a New Year's gift so they can have a good year.
ten o'clock.
Sihai Group, Sihai Insurance, other subsidiaries of Sihai Group, and companies in which Yang Chen holds no less than 67% of the shares jointly issued an announcement.
simply put.
Employees who have worked for a full year in any of the companies under the Sihai Group, as well as other companies who are wholly owned by Yang Chen, can choose to purchase medical insurance from Sihai Insurance for 100 yuan per year.
During the insurance period, employees will be fully reimbursed for medical expenses incurred at medical institutions under Sihai Medical, with no limit on amount, disease, or type of medicine, no deductible, and no restrictions. The amount reimbursed will be the same as the amount spent.
This insurance is a benefit for long-term employees who have worked for the company for a full year and does not affect the use of other insurance policies purchased by the employee.
If an employee has purchased other insurance, he can first claim all expenses from Sihai Insurance, and then take the bills to claim reimbursement from the other insurance companies he purchased. In other words, long-term employees not only do not have to spend money on medical treatment, but can also earn compensation from other insurance companies.
As soon as the announcement was released, employees of all companies under the Sihai Group, as well as employees of companies wholly owned by Yang Chen, excitedly came to the comment section of Yang Chen's Weibo to express their gratitude.
"Thank you, Chairman Yang. I wish you a long and healthy life. I want to work for your company for the rest of my life. Happy New Year, Chairman Yang! I love you!"
“From now on, Chairman Yang is my father. Anyone who dares to speak ill of him in front of me will either end up in the hospital or I will end up in the hospital. I’m not kidding, I mean what I say.”
"I made the right bet by quitting my civil service job to work at Sihai Electronics. This is the workplace of my dreams. I hope Chairman Yang will live a long and healthy life. I plan to pass my job on to my son, my son to my grandson, my grandson to my great-grandson, and so on, generation after generation. We will work for Chairman Yang's company to install screws for generations to come."
"From now on, I will strictly regulate my behavior and resolutely refuse to give the company the opportunity to fire me. I'll never find such a good job again after leaving Sihai Group. Now I finally believe in one thing: choice truly matters more than effort. I feel like even my college roommate who passed the civil service exam doesn't have the same salary as me. Haha..."
……
The employees already working for Yang Chen's holding company are naturally very happy, as they are sure to have a good New Year.
However, those who weren't Yang Chen's employees were unhappy. There's a saying that goes, "It's certainly hard to be unhappy when you're not doing well yourself, but seeing others doing better than you is worse than death."
"Boss Yang, I'm not joking with you. Cancel this benefit immediately. I forgive you for the previous salary increase, but this 100 yuan reimbursement for all medical expenses benefit cannot be given. Don't force me to kneel down and beg you, just cancel it now! I came back happily to celebrate the New Year, but with this, I won't be able to have a good holiday. Several of my classmates have joined Sihai, how am I supposed to attend the New Year's reunion!"
"I was talking to my family yesterday, saying that Sihai Group makes so much money, and according to Boss Yang's habits, he'll definitely be giving employees more benefits again. I've thought about raising salaries and stuff, but I never expected him to offer free medical care for employees. It's only 100 yuan a year to cover everything, and it's fully refundable, without affecting other insurance coverage. Isn't this just giving employees money in disguise? All medical expenses are reimbursed, and then employees can claim reimbursement from medical insurance. Whatever is reimbursed is pure profit. Damn, how can there be such a good boss in this world?"
"Boss Yang has solved the problems of difficulty and high cost of medical care in one fell swoop. The key is that he doesn't even have to spend the country's money. He can just take a small portion of his net profit to solve the problem. Even if each employee spends 10,000 yuan on medical expenses a year, a million employees would only need 10 billion yuan. This amount is nothing compared to the more than 2 trillion Hong Kong dollars in net profit of Sihai Group. Who can help me become Boss Yang's employee? I'll give you half of my salary for the first year. I mean it."
……
Seeing so many people wanting to become Yang Chen's employees, some intermediaries started having wicked ideas...
(End of this chapter)
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