Zhang Qingxue continued:
"The prosecutor will file an indictment against Zhao Jianguo on June 19, which is Monday two weeks later."
Zhang Qingxue conveyed the message from Lawyer Li in a concise and concise manner,
"Lawyer Li will actively respond to the lawsuit, but he also reminded that the chain of evidence is relatively complete, so be mentally prepared."
Zhao Chen leaned on the back of the chair and tapped his fingers lightly on the armrest:
"It's better if the date is set. If the date is left hanging, it will be painful for the stock price, the company, and everyone."
His eyes turned to Chen Xi, and his eyes became sharp:
"Lin Wanqing's Capital Chain is already tight, now is a good time to take advantage of the situation and apply pressure.
Besides waiting for those Off-Balance Sheet Liabilities projects to expire naturally, is there any way to force her further? Make her feel more uncomfortable?"
This question is very straightforward and very realistic.
The shopping mall is like a battlefield. Although it is cruel to beat the drowned dog, sometimes it is necessary.
Chen Xi quickly sorted out all the possibilities in his mind, and raised his head after a few seconds:
"Zhao Zong, from a business and financial perspective, we have several pressure points. But each has corresponding risks and costs."
She called up the information on her computer and began to analyze it one by one:
"The first and most important thing is audit and compliance review."
Chen Xi Click to open a file,
"Those vest companies controlled by Lin Wanqing, as long-term Suppliers of Henglong, must undergo compliance audits every year in accordance with group regulations.
This year's audit was originally scheduled for August, but we can start the special audit in advance on the grounds of 'strengthening internal controls after Rights Issue'."
Zhang Qingxue immediately understood this idea:
"During the audit, all large payments will be suspended pending the outcome of the audit.
This is a standard corporate governance procedure. As Finance Director, Lin Wanqing cannot object - if she objects, she has something wrong with her."
"Yes." Chen Xi nodded,
"Audits can comprehensively examine these companies' financial status, contract execution, and project quality.
As long as the audit report raises several 'matters to be clarified' or 'suggestions for further investigation', the payment process will naturally get stuck. And..."
She paused:
"During the audit process, if we 'discover' some clues that are suspected of Related Party Transaction and Interest Transfer, we can even request Board of Directors to set up a special investigation committee.
By then, Lin Wanqing will have to deal with more than just payment delays."
Su Wantang added softly:
"This method is good. On the surface it is normal corporate governance, but in fact it is a sharp cut.
And it's hard for Lin Wanqing to resist openly – she can't say 'Don't audit my affiliates' on Board of Directors, right?"
Zhao Chen nodded slightly, indicating Chen Xi to continue.
"Second, project quality and contract performance evaluation."
Chen Xi Switch page,
"Lin Wanqing Although the overall quality of the projects undertaken by those companies is good, there are always flaws in the details - incomplete material acceptance records, lagging construction progress, and inadequate safety measures.
If we launch a comprehensive quality review on the grounds of 'improving project quality'..."
"All problematic items must be rectified, and payments will be suspended during the rectification period."
Zhang Qingxue answered the call,
"This is also standard operation. And if serious problems are found in the re-inspection, rework can even be required, and the funds she advanced will be trapped for longer."
"The third and most cruel move."
Chen Xi's voice was lowered, "Suppliers conducted thorough verification with the subcontractor.
We can require all Suppliers who cooperate with Henglong to provide complete information about Equity Structure and the actual controller, and promise that there will be no undisclosed related relationships."
She looked at Zhao Chen:
"The compliance reasons for this requirement are very good - to prevent Interest Transfer and ensure fair procurement.
But if there are more hidden related parties behind the vest companies controlled by Lin Wanqing... the scene will be ugly."
Zhao Chen pondered, tapping his fingers rhythmically on the table.
These methods are very clever. They avoid the head-on confrontation between Shouxue and Lin Wanqing on the payment process. Instead, they use legitimate reasons such as corporate governance and quality control to exert pressure.
More importantly, every one of them is something that Lin Wanqing, as Finance Director, cannot openly object to - if she objects, it would be tantamount to admitting that she has a guilty conscience.
"But the most fundamental problem is still those 'Equity-like Debt'." Zhao Chen suddenly spoke, bringing the topic back to the core.
As soon as the three words were spoken, Zhang Qingxue and Chen Xi both raised their heads.
"I have never mentioned the 600 million 'Equity-like Debt' in one song, because the participants were basically senior executives from the Lin Wanqing series."
Zhao Chen's eyes sharpened, "At that time, the company couldn't withstand this kind of trouble, but today is different from the past."
"This part of the funds is nominally equity investment, but actually it is fixed-income debt.
If, after we have sufficient funds, we propose to repurchase these 'equities' on the grounds of 'cleaning up irregular historical investments'..."
"Xiao Chen, be careful about this."
Zhang Qingxue interrupted him, with a rare hint of urgency in his tone,
"'Equity-like Debt' is a common operation in Real Estate Industry, and many Listed Company have similar arrangements.
If we unilaterally lift this lid, it may trigger not only a counterattack by Lin Wanqing, but also a crisis of trust in the entire industry and even the entire capital market."