In name only: I will break the chess game in Handong!

Chapter 440 Signs of Real Estate Defaults

In just a few days, the Li family spent a full 1 billion yuan through their own channels to expand their influence. There are people who are greedy for money, even when it comes to the authorities!

Suddenly, the fact that Guangfu had forcibly taken back the Li family's land became common knowledge.

In Chen Luo's office at the provincial government, Chen Luo was smiling as he looked at some online reports. It has to be said that the Li family had embellished the story vividly, portraying Guangfu as a tyrant.

"A clown who jumps around...not worthy of respect."

Chen Luo's evaluation consisted of only these few words. Just then, the red phone on the table rang.

Put down your phone and answer the call.

"Comrade Chen Luo, are you not busy right now?"

"Secretary Aimin, don't rush, please speak!"

"What's going on with all that online discussion? I only heard about this from my secretary today. Comrade Chen Luo, you should be careful about the impact."

Upon hearing this, Chen Luo pursed his lips and replied, "Secretary Aimin, our provincial government did indeed take back the Li family's land, but it was all done in accordance with the law and regulations."

The provincial government will respond to the online discussions; you can sit back and wait for things to unfold.

"Alright, then wait a bit. By the way, I'm not calling you to blame you, but because I don't want you to get entangled with any rotten people or troubles."

"Yes, thank you for your concern, Secretary Aimin!"

After hanging up the phone, Chen Luo looked towards the door.

"Little Xu!"

"Governor, I'm here!"

Xu Yang pushed open the office door almost instantly and stood straight in front of Chen Luo.

"Please inform the provincial government departments and coordinate with the Provincial Commission for Discipline Inspection to publicly disclose the violations of discipline and law by Wang Yunxiong and Pang Bo. At the same time, please explain the legal provisions and basis for our provincial government's repossession of the Li family's land."

"Yes, Governor!"

Xu Yang quickly made the notification, and the provincial discipline inspection commission and the provincial government's publicity department soon jointly released video materials about Wang Yunxiong and Pang Bo's violations of discipline and law, and the legality and compliance of the repossession of the Li family's land.

The stark figures are right in front of us: Wang Yunxiong and Pang Bo together accepted bribes totaling six or seven hundred million yuan!

There was no hiding anything; the locals were initially curious as to why the land was being reclaimed.

After learning that the Li family had bribed the two men to win the bid, they all turned their guns on them, which shows that the Li family is indeed not popular.

That evening, at the Li Family Manor in Hong Kong.

"Secretary Qi, I truly didn't expect that Pang Bo had embezzled hundreds of millions of yuan. I really didn't mean to hide it!"

"Mr. Li, I'll assume you didn't intentionally hide it, but how are we going to handle this now?"

Hundreds of millions of yuan in corruption is no small sum. It has directly shifted public attention from the provincial government's land grab to the punishment of corrupt officials who have become major spenders. Some people online are even saying that the Li family deserves what they got, which is not a good sign!

Upon hearing this, Li Jiachen sighed heavily.

"Secretary Qi, I'm really sorry about this, but the situation isn't that bad. Back then, it wasn't just our Li family that had to pay 'tea money.' Other real estate giants were in the same boat. We can't just target our Li family and ignore the other real estate companies, can we?"

If that's the case, then there's an explanation!

"Mr. Li, you can handle this as you see fit. Comrade Jiang Yan and I will let it go this time, but next time, please investigate thoroughly before calling us!"

"Okay, okay, thank you for understanding, Secretary Qi!"

After hanging up the phone, Li Jiachen felt utterly exhausted; the offensive she had painstakingly organized had come to nothing.

"Knowing yourself and your enemy is the key to success. It seems I need to understand the movements in Guangzhou."

Investigating information was not difficult for the Li family. The next morning, Chen Luo left the provincial party committee compound at 7:30 for the provincial government, and the news was delivered to Li Jiachen's desk at 7:35.

Upon arriving at the provincial capital, Chen Luo did not linger. After calling Tang Ning and Qiu Kai, the three of them headed directly to Tianhe District.

Forty minutes later, Chen Luo and his group's car pulled up in front of the Tianlong Group headquarters.

The visit to Tianlong Group is not aimed at any particular individual. Guangdong Province has two giant real estate companies: one in Guangzhou, namely Tianlong Group, and the other in Shenzhen, Hengda Group.

Chen Luo has been paying close attention to the real estate industry for the past few years. It can be said that some real estate giants are on the verge of collapse. Chen Luo came to Tianlong Group to truly understand whether Tianlong Group will also be caught in the storm.

The inspection was announced last night. As Chen Luo and his group got out of the car, Tianlong Group CEO Pei Yun and a group of senior executives jogged forward to greet them.

"Governor Chen, welcome to visit our group!"

Chen Luo looked at Pei Yun, who was smiling broadly, nodded, and then reached out to shake her hand.

"Mr. Pei, it's a pleasure to meet you!"

The two quickly let go of each other's hands, and Pei Yun continued to greet Tang Ning and Qiu Kai. Before long, the group entered the Tianlong Building.

In the conference room of Tianlong Group, Chen Luo and his entourage listened attentively to a brief corporate report given by Pei Yun and other senior executives of Tianlong Group.

According to the CFO's report, Tianlong Group's financial situation is unexpectedly good. Of course, whether this is true or not needs to be carefully verified by the auditing department.

"Mr. Pei, there are no outsiders here. I'd like to ask you a question privately."

Chen Luo sat on the sofa and turned to look at Pei Yun to the side. Upon hearing this, Pei Yun immediately became alert.

"Governor Chen, may I ask you a question?"

"Are there really no problems with your group's finances? Is your cash flow sufficient? Are the bank loan amounts accurate? Answer me honestly. If you don't answer this now, I will have the audit department check it later."

These words were rather blunt, and Pei Yun was taken aback at first, clearly not expecting Chen Luo to ask this...

If asked other sensitive questions, Pei Yun would really have a hard time answering them, but this question was surprisingly easy.

"Governor Chen, you can rest assured about our group's financial situation; there is absolutely nothing to hide!"

In fact, our group has not taken out any large loans from banks for the past ten years.

Real estate developers always have a steady cash flow to support their projects. While the return on investment may be slower, their advantage lies in their stable and reliable operations!

Hearing this, Chen Luo couldn't help but breathe a sigh of relief.

"Supported by cash flow, this development model is quite rare in China. Your group's decision-making certainly deserves the word 'stable'!"

This praise is sincere. If Tianlong Group isn't lying, the probability of it going bankrupt is almost zero. As for why its cash flow is so abundant...

Chen Luo didn't ask, and the other party wouldn't tell him...

Everyone knows the truth!

The meeting was very pleasant, and Chen Luo was satisfied. When he left Tianlong Group, Chen Luo held Pei Yun's hand and earnestly said, "Mr. Pei, it's not easy for ordinary people to make money. A house often represents half a lifetime's savings."

Tianlong Group must ensure that every project is completed and delivered on schedule!

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