Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 254

Due Diligence Report

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The two returned to the office.

Chen Xi, Su Wantang and Zhang Qingxue were still there, and they were all slightly startled when they saw Shen Jue coming back.

Su Wantang Go and close the door.

Shen Jue sat down on the sofa, legs and posture calm.

Zhao Chen sat down opposite her, leaned on the back of the chair, and looked at her.

The two looked at each other for two seconds.

Shen Jue laughed first:

"Aren't you curious why I didn't leave?"

Zhao Chen said:

"It would be weird if you left."

Shen Jue raised his eyebrows:

"Oh?"

Zhao Chen said:

"When did you Shen Jue do purely voluntary labor? You must have your own plans for bringing me to see Ministry of Housing and Urban-Rural Development."

Shen Jue laughed out loud:

"Zhao Chen, you really... understand me more and more."

She put down her legs and leaned forward slightly:

"Then I'll be the first to say it."

Zhao Chen nodded.

Shen Jue said:

"I have researched those Haoyu Construction projects. Most of them are profitable."

She paused:

"With Henglong's current strength, taking over these projects is not a big problem. It is almost guaranteed to make a profit without losing any money."

Zhao Chen looked at her, waiting for her to continue.

Shen Jue said:

"I want to cooperate with you. Henglong will provide half of the funds to take over the deal, and I will provide half.

Operated by Henglong. If the profit is - Henglong six, I am west."

Zhao Chen was silent for two seconds.

Then he asked:

"Since you are so optimistic about it, why don't you take on a project yourself?"

Shen Jue laughed:

"I have never done development. The real estate business looks simple, but there are many pitfalls in it. If I jump in on my own, I will most likely end up in trouble."

She looked at Zhao Chen:

"But you are different. Henglong has a team, experience, and operational capabilities.

When I cooperate with you, I will contribute no money but no efforts, and I will definitely make profits without losing any money."

Zhao Chen said:

"You hold the stock of Henglong. Isn't Henglong's profit the same as yours?"

Shen Jue shook his head:

"That's different. I only have 5% of the shares, and the income is for the company as a whole.

When you invest in a project, the income comes from the project itself.

These unfinished projects--"

She paused:

"As long as we revitalize our business, the profits will be real."

Zhao Chen looked at her with a hint of scrutiny in his eyes.

This woman is very calculating.

"Aren't you afraid that there are still undiscovered pitfalls in these projects?" he asked.

Shen Jue laughed:

"That's why I came to you. You have Zhang Qingxue and Song Zhongping, and you've done more detailed inspections than anyone else.

If there is really a trap, you can find it out. If you can't find it out, I will admit the trap."

She paused:

"And, I believe you."

Zhao Chen was silent for a few seconds.

Then he said:

"I'll make a decision after I finish my investigation."

Shen Jue nodded:

"It should."

She stood up:

"Then I'll wait for your good news."

When she walked to the door, she looked back at Zhao Chen:

"Zhao Chen, if this cooperation is successful and there are good projects in the future, I will come back to you."

The door is closed.

Zhao Chen leaned on the sofa and looked at the door.

Shen Jue This woman made him re-evaluate every time she appeared.

Smart, decisive, knows what you want.

And, know how to leverage.

It is better to be a friend than an enemy with this kind of person.

He looked at Zhang Qingxue:

"Aunt Zhang, you take the lead in doing due diligence.

Focus on legal risks - hidden debts, lawsuits and seizures, equity pledges, and tax issues.

Any possible problems must be investigated."

Zhang Qingxue nodded:

"Understood."

Zhao Chen looked at Chen Xi again:

"Chen Xi, go check what Chen Hao is doing now."

Chen Xi was stunned for a moment:

"Chen Hao? Haoyu Construction is his home..."

"Yes." Zhao Chen said, "I want to know what's going on with him now."

Chen Xi nodded:

"Okay."

Shen Jue listened to these arrangements and smiled:

"Chairman Zhao is really meticulous in his work. OK, I'll wait for your good news."

She stood up:

"That's it. When the due diligence results are out, call me anytime."

Zhao Chen Send her to the door.

Shen Jue turned around and said again:

"By the way, I also have a copy of the project information over there. If you need it, feel free to ask."

Zhao Chen nodded:

"Thank you."

Shen Jue leaves.

The office became quiet.

Zhao Chen walked back to the desk, picked up the stack of information, and turned to the first page.

Legal representative: Chen Jianye.

Chen Hao's father.

He remembered the first time he saw Chen Hao in class last November.

At that time Chen Hao was the squad leader, high-spirited and arrogant.

He stood on the podium and said to the whole class, "Zhao Chen is a rich second generation with no knowledge or skills."

At that time, he was still a relatively unknown student.

Less than a year.

Everything has changed.

Chen Xi's voice came from behind:

"Zhao Zong, Chen Hao... how detailed do you need to check?"

Zhao Chen There is no looking back:

"Check as carefully as you can."

He paused:

"The reason I praised him was to make him float. Now that he is floating to the point of falling to death, he must know what it will look like when he falls."

Chen Xi nodded, turned and left.

Zhang Qingxue pushed up his glasses:

"Xiao Chen, Shen Jue, what do you think of this cooperation proposal?"

Zhao Chen leans on the back of the chair:

"Her conditions are good and her sincerity is sufficient. But the premise is that there is no problem with the project itself."

He looked out the window:

"We'll wait until the results of the due diligence come out."

Zhang Qingxue nodded:

"Understood."

She got up and left.

Zhao Chen is the only person left in the office.

Three days later.

Zhang Qingxue walked into Zhao Chen's office with a thick stack of documents in his hand.

Chen Xi was already there, Su Wantang brought a few cups of tea and sat quietly aside.

"Chairman Zhao, the preliminary due diligence report is out."

Zhang Qingxue put the file in front of Zhao Chen,

"All Real Estate projects of Haoyu Construction, seven in total, are here."

Zhao Chen Open the first page and browse quickly.

Zhang Qingxue sat down opposite him and began to report:

"Seven projects, distributed in different areas.

Three are in the city, two are in the suburbs, and two are in the outer suburbs. Overall, the qualifications are uneven."

She opened her notebook:

"I made an assessment based on several dimensions:

Project location, market prospects, cost structure, debt situation, legal risks.

Each project has an independent report."

Zhao Chen nodded and motioned for her to continue.

Zhang Qingxue said:

"Let me talk about the customs first. There are two projects with good qualifications, good locations, proper cost control, and clear debts.

As long as the funds are in place, work can be resumed within half a year and payments can begin within a year. In my personal judgment, these two projects are worth taking."

Zhao Chen marked the report.

Zhang Qingxue continued:

"There are still two projects with average qualifications, but they are not impossible to do.

We need to be careful and control costs. The profit may be thin, but we can't lose money."

She paused:

"I have made special marks for the remaining three items."

Zhao Chen Turn to the marked pages.

Zhang Qingxue pointed to one of them:

"There is an equity dispute in this project.

There is a dispute between Cooperator and Haoyu Construction regarding the shareholding ratio and profit distribution, which is currently in arbitration.

If we take over, this dispute needs to be resolved first."

Zhao Chen brow moves slightly:

"Can it be solved?"

Zhang Qingxue said:

"Theoretically it's possible. Either buy out the other party's equity or renegotiate with the other party. But it will take time and money."

Zhao Chen nodded and looked at the next one.

Zhang Qingxue said:

"The profit prospects of this project are unclear. The location is remote, the cost is high, and there are many competing products in the surrounding area.

We calculated that if the market did not rise significantly, we would probably lose money."

Zhao Chen Turn to the third copy:

"What about this?"

Zhang Qingxue was silent for a second.

Then she said:

"It's difficult to make a profit on this project. It's almost certain to lose money."

Zhao Chen looked at her:

"Then why are you still included?"

Zhang Qingxue pushed up his glasses:

"Because these three projects have one thing in common."

She looked at Zhao Chen and said slowly:

"An unexpected figure appeared in their Cooperator list."

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