Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 79

Father-Son Confrontation (Part One)

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Lin Wanqing's cheeks instantly lost color.

She did not expect that Zhao Chen would be so first and so forceful on Executive Meeting to completely burst the abscess of "Off-Balance Sheet Liabilities" and make it public as an insurmountable red line.

This is tantamount to stripping off something under her "financial expert" cloak in public, and placing the responsibility of solving this Historical Issue issue on her head.

"Zhao Zong, many of those off-balance sheet arrangements are Industry Common Practice, for the flexible operation of the project..."

She tried to argue, but her voice lost its previous confidence.

"I don't care how the industry works!"

Zhao Chen interrupted her and said firmly, "In Henglong, from today on, we only recognize one standard: True Debt Ratio.

Everything that is invisible or contingent must be made visible, measurable, and controllable.

Finance Department is fully responsible for this work. If cooperation from legal affairs or Audit Department is required, the first request will be made.

I want to see a clear Cleanup Plan and progress chart."

Meeting Room was completely silent.

The executives who were talking a lot just now held their breath.

They may not be fully aware of the specific scale of "Off-Balance Sheet Liabilities", but Zhao Chen's stern attitude and Lin Wanqing's sudden change of expression have already explained everything.

This is a battle involving the company's foundation and past secrets, and the water is much deeper than imagined.

Looking at Lin Wanqing's ugly face and the depressing atmosphere in Meeting Room, Zhao Chen knew that the heat was almost there.

He softened his tone, but the content was still heavy:

"In order to allow the management to implement the established strategies and deal with internal issues with more peace of mind, I will also fulfill my responsibilities as a Major Shareholder Representative and manager.

Tomorrow, I will visit Mr. Chairman Zhao Jianguo."

As soon as these words came out, everyone was shocked.

Even Lin Wanqing suddenly raised his head and looked at him in surprise.

Zhao Chen continued with a calm face:

"On the one hand, it is a necessary visit; on the other hand, I will also communicate with him the company's current strategic direction and some Historical Issue principles to seek his understanding.

Please believe that the stability and future of the company are the common interests of all shareholders.

Until the results of the communication are clear, please fulfill your duties, stabilize the team, and implement the current strategy. The meeting is adjourned."

He didn't give anyone a chance to ask any more questions. He announced the end of the meeting first and then stood up. Under the complicated gazes of everyone, he was the first to leave Meeting Room.

There was a muffled buzz of discussion behind him, as well as Lin Wanqing, whose face was ashen and whose nails almost dug into his palms.

She found that the offensive she tried to launch was not only easily defused and rebounded by the other party with the help of the more fundamental "Debt Red Line", but the other party also threw out a variable that made her even more flustered.

The situation seemed to be slipping into deep waters that she could not fully control.

On the afternoon of the Executive Meeting meeting, Zhao Chen did not go back "tomorrow" as he said at the end of the meeting. Instead, he first ordered Chen Xi to coordinate the arrangements. An hour later, his car drove to Detention Center on the outskirts of the city.

What he wants is this kind of surprise.

Do not give Zhao Jianguo and Lin Wanqing any opportunity to communicate urgently and unify their voices after learning about the meeting.

Although they must have had many contacts in private, when faced with the pressure of him suddenly coming to the door with "strategic decisions" and "Off-Balance Sheet Liabilities" issues, it was difficult for him to find the right Countermeasures in a hurry.

More importantly, in legal and legal terms, he Zhao Chen is the trustee of Zhao Jianguo's equity and the person who appears in the company on behalf of his father's interests.

Lin Wanqing? At least on the surface, she is nothing.

Zhao Jianguo As long as he still hopes that he can help him stabilize the company and preserve his assets, at least on the surface, he must rely on and even comfort himself.

The one-year, irrevocable Proxy Authorization Letter in his hand is one of the biggest sources of confidence at this moment.

Zhao Jianguo will never fall out easily, especially when he thinks that Zhao Chen knows nothing about Lin Wanqing's true identity and the connections behind it.

As for Lin Wanqing's possible "snitching"? Zhao Chen is not very worried.

Revealing the "alliance" between stepmother and son to a father who is behind bars and unable to save himself?

This will only make Zhao Jianguo's already chaotic situation even more unbearable. Besides intensifying conflicts, what good will it do to her?

In Zhao Jianguo's view, it is better for his wife and son to work together to stabilize the company when he is in trouble, even if it is a temporary measure, than if the building collapses.

Human nature tends to believe narratives that are favorable to oneself.

Take ten thousand steps back, even if you completely fall out at this moment, Zhao Chen is not afraid.

In one year, if he cannot completely control Henglong and eliminate hidden dangers with his foresight and planning, then he will not deserve to live this life again.

After passing through layers of strict access control, after a brief wait, Zhao Chen met Zhao Jianguo in a small, cold private Meeting Room.

After only a month, Zhao Jianguo looks a lot older, with significantly more gray hair on his temples, but his eyes are still sharp, and even a little more sinister because of his situation.

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