Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 257

Take It On? Share the Burden?

1,460 words5 min read0 views3mo ago
Next

At seven o'clock in the evening, Jiangbeizui·Some Private Club Private Room.

Private Room is on the top floor, and outside Floor-to-Ceiling Window is the night view of the intersection of Two Rivers.

The lights of Yuzhong Peninsula were reflected on the river surface, breaking into a flowing light spot.

Zhao Chen and Shen Jue arrived ten minutes early.

Shen Jue was followed by a woman in her early thirties, with short hair and capable. After entering the door, she quickly glanced at the Private Room layout, and then stood quietly aside.

Zhao Chen only brought Zhang Qingxue--Chen Xi and Su Wantang but did not come. In this kind of situation, it is not good to have too many people.

"The place is nice." Zhao Chen stood by the window and looked at the night view outside.

Shen Jue next to him:

"I come to this club often. It's private and the food is good."

She paused and glanced at Zhang Qingxue:

"Lawyer Zhang, I have to rely on you to support me today."

Zhang Qingxue pushed up his glasses:

"Director Shen You're welcome. I will say what you need to say."

Shen Jue nodded and said no more.

Five minutes later, the door was pushed open.

Deputy Director Li walked in the front, followed by Director Zhou and Section Chief Wang.

The three of them were all in casual clothes, but they couldn't hide their official aura.

"Chairman Zhao, Director Shen, I've been waiting for a long time."

Deputy Director Li came up to him with a smile, holding Zhao Chen's hand with both hands, "We need to have a good chat during this meal today."

Zhao Chen responded with a smile:

"Director Li You're welcome. Please sit down."

Everyone took their seats.

Waiters filed in, and the table was quickly filled with cold dishes, hot dishes, and drinks.

Shen Jue's assistant was responsible for pouring the wine. After a round, the atmosphere started to warm up.

After three rounds of drinking.

Deputy Director Li put down his chopsticks, picked up his wine glass, and looked at Zhao Chen:

"Chairman Zhao, for today's meal, we have to talk about the 'meat and vegetable combination'."

Zhao Chen picked up the wine glass and touched it with him:

"Director Li Please say."

Deputy Director Li took a sip, put down the cup, and sighed:

"Our working group has figured out all seven projects. To tell you the truth, the situation is more complicated than expected."

He paused:

"There are three projects that are basically guaranteed to make a profit, two of them are a test of trading ability, and there are two projects that will have a high probability of causing losses after taking over - with Chairman Zhao's professionalism, you should be able to see that."

Zhao Chen nodded and said nothing.

Deputy Director Li continued:

"But the problem is that the government can't just pick out the fat and leave the rest of the mess unattended.

If those low-profit and loss-making projects continue to go bad, public complaints, lawsuits, and unfinished buildings will eventually have to be taken care of by the government."

He glanced at Zhao Chen:

"The original words of the deputy mayor in charge are:

If we want to solve this matter, we have to solve it in a package. We can't pick out the good ones and keep the bad ones. Otherwise, it's better not to do anything."

Shen Jue laughed softly from the side:

"Director Li, so what you are saying is that you want us to take those losers with us?"

Deputy Director Li waved his hand:

"It's not about carrying, it's about sharing."

He leaned forward and spoke more seriously:

"What the working group means is this:

Henglong You can choose a project that is sure to make money and a project that tests your trading ability.

You take these two and you make the profit.

But you also have to help us solve one of the other two losses."

He paused:

"Calculating this way, you will at least make two profits, one tie and one loss. The overall profit is still there."

Director Zhou added next to it:

"Chairman Zhao, let's do the math. If done well, the profit margins for these two projects that test trading ability are actually not small.

As long as cost control is in place, the loss of a loss-making project can be completely offset."

Zhao Chen was silent for two seconds.

He quickly went over the account in his mind.

For a project that is sure to make money, how much can it probably make based on normal profit margins?

A project that tests your trading ability. If you do it well, you can earn as much as you can. If you do it poorly, you may earn the same amount.

If you take over a project that is losing money, you will lose money. You can't even calculate how much you will lose now.

All in all, it is indeed possible to make a profit.

But the problem is--

"Director Li," he said, "What is the approximate scale of the loss for that loss-making project? Are there any specific figures?"

Deputy Director Li looked at Section Chief Wang.

Section Chief Wang Open the notebook:

"Current estimates indicate that if we take over the business for the first time, the loss is expected to be between 30 million and 50 million.

But if we adjust the planning and optimize costs, it is possible to control the loss within 20 million."

Zhao Chen nodded.

A loss of 20 million to 50 million, exchanged for two good projects, plus the government's favor, can indeed be accounted for.

But he still didn't want to answer.

Not because of money.

It's because Lin Wanqing.

But he didn't want to bring the matter to the forefront.

"Director Li," he said, "I understand this. But you have to consider our actual situation."

Deputy Director Li looked at him:

"Chairman Zhao Please say."

Zhao Chen leans on the back of the chair:

"Henglong currently has more than 3 billion in cash on its account, but this money is not idle.

We are seeking transformation, cleaning up inefficient assets, and laying out new directions. Every money has its use."

He paused:

"The projects you mentioned, whether they are profitable or low-profit, all require a large amount of upfront capital.

Land payment, project payment, various taxes and fees--it adds up to a large sum.

If we only pick up two, we are confident. But if we pick up another loss-making one, the financial pressure will be too great."

Director Zhou spoke from the side:

"Chairman Zhao, regarding the funds, we can coordinate with the bank.

If the city has policies to support the revitalization of unfinished projects, banks can give priority to lending."

Zhao Chen's brows moved slightly.

Shen Jue spoke next to him in a very light tone:

"Director Li, your government's calculations are really loud."

She is not engaged in industry and has connections, so she talks to Deputy Director Li and others more casually.

Deputy Director Li looked at her, her smile unchanged:

"Director Shen, this is to help the government solve its difficulties.

The city takes this matter very seriously, and as you know, the deputy mayor in charge has personally looked into it.

Revitalize the projects that can be revitalized and rescue the companies that can be saved. This is Overall Situation."

Shen Jue laughed:

"Overall Situation We understand. But we are in business, not charity.

We accept the one that makes a steady profit and the one that makes a small profit. The other one that makes a loss--"

She shook her head:

"This account cannot be settled."

Director Zhou answered the call from the side:

"Director Shen, you can't say that. If you take over a loss-making project, the government will favor it in other aspects.

In the future, Henglong will be given priority for land acquisition, approval, and policy support."

Zhao Chen finally spoke:

"Director Zhou, I believe what you said. But that will happen in the future. What you have to pay now is real gold Silver."

He paused:

"If you take over a project that loses money, it will be a loss. How much you will lose, you can't calculate now.

There's no telling when it will be revitalized. We cannot accept this kind of uncertainty."

Deputy Director Li sighed:

"Chairman Zhao, I understand your mood. But this is what the deputy mayor means.

He personally explained that he hopes Henglong can take more responsibility."

He lowered his voice:

"You also know that the leader's face is sometimes more important than money."

Zhao Chen was silent for two seconds.

Then he glanced at Zhang Qingxue.

That glance was very light, but Zhang Qingxue understood.

End of Chapter
Prev
NovelSummaries
Next

Comments