Chapter 103 The Number One Unjustly Accused!
Upon hearing Uncle Cui's report, Shen Zekai was struck dumb, completely stunned.
"Just received news. The Old Chairman suddenly collapsed and was taken to the hospital, where he has not yet regained consciousness."
Could it be because the power struggle was too stimulating?
No, that's not right.
His father was already quite old and in poor health, having been bedridden for many years.
To put it bluntly, the reason Shen Zekai dared to take advantage of the situation was largely because he saw the "golden opportunity" of the old man being bedridden.
But just a few days ago, he was full of energy, slamming his fist on the table and glaring at him, spouting harsh words with great vigor!
How could it suddenly be like this...?
'Wait! If the old man really collapses... then wouldn't that mean...?'
A thought flashed through Shen Zekai's mind, sending chills down his spine.
In fact, this so-called power struggle was less a battle between Shen Zekai and his elder brother and more a game between Shen Zekai and his father!
And now, the "king" of the opposing camp has fallen!
Those shareholders who were still wavering and on the sidelines, after learning that the Old Chairman was critically ill, knew without a doubt who they would choose!
Should one continue to pledge allegiance to an unconscious old man lying in a hospital bed, or should one support the vigorous and capable self who is about to take control of the situation?
The answer is self-evident!
So that means...
That fucking bastard!
He spent 10 billion and staked the " Evergreen Heaven Seal " project on the 5% stake he "borrowed" from Fang Huan Investment. Doesn't that make him the biggest victim of a terrible situation?
There's absolutely no need for it!
At that moment, Shen Zekai felt like dying.
In this thrilling battle among the wealthy, the real winner was not Shen Zekai, but Fang Huan Investment, which sat back and made a fortune of 10 billion without lifting a finger!
No, to be more precise, it's the mysterious operator behind Fang Huan Investment who hasn't even shown his face but has stirred up the whole situation!
Changqing Group Director Shen Chengjia has suddenly fallen seriously ill and remains unconscious. To prevent further turmoil within the Group, an extraordinary shareholders' meeting has been held, and President Shen Zekai has been elected as the new Director …
On the television, the female anchor delivered the financial news in a serious tone.
The highly publicized battle for the succession of Changqing Group has finally come to an end in a way that no one expected.
With Old Chairman Shen Chengjia's illness brought this game to an early end.
Those shareholders who were originally loyal to Old Chairman, seeing that the tide had turned, all turned their guns on Shen Zekai.
***
"Holy crap, A-Hao, if we had been any later, we would have been completely wiped out! The timing was absolutely perfect!"
Huang Fengwen took a swig of beer, his tone filled with relief at surviving the ordeal and barely concealed excitement.
Su Hao wholeheartedly agreed; the timing was absolutely perfect!
If they had signed the contract even a little later, and the news of the old chairman's illness had spread, Shen Zekai would never have spent 10 billion to "borrow" these shares.
Those forces that originally supported the Old Chairman will naturally rush to surrender.
"Looking back now, I still feel a little scared." Huang Fengwen took a swig of wine, smacked his lips, and
"When you asked me to use the Evergreen Heaven Seal property as collateral, my heart sank. I thought the deal was definitely going to fall through."
In fact, Shen Zekai was indeed furious at the time. He pointed his finger at me, cursed at me, and slammed the door shut as he left.
Upon hearing this, Su Hao's eyebrows shot up: "What? That bastard dares to insult you?!"
"Hey, it's no big deal!" Huang Fengwen waved his hand dismissively.
"He was just angry and said whatever came to mind. Think about it, in his eyes I was just a small private equity boss, yet he dared to ask for such an exorbitant amount."
He'd be furious if they were eyeing his flagship " Evergreen Heaven Seal " development!
"I'm so sorry, Brother Huang, it's all my fault… If I had known it would turn out like this, I should have gone out and talked to him back then."
Su Hao felt a little guilty.
"Hey! It's no big deal! That's what the boss does!" Huang Fengwen laughed nonchalantly.
"They were swindled out of a full 10 billion by us, what's wrong with cursing a bit to vent their anger? Besides, was he cursing me? He was cursing the 10 billion!"
He probably feels completely drained, so letting him vent his anger by cursing a bit won't hurt. Hehe!
Su Hao recalled that when they used to play games, whenever there was a situation where someone had to take the blame or stand up for someone, Huang Fengwen, as the guild leader, was always the first to step forward.
He never hesitates to take responsibility when it's time to do so.
This is a truly responsible man.
That's why Su Hao always regarded him as a trustworthy older brother.
"Actually, at first, I was also taken aback by your proposal of ' Evergreen Heaven Seal property mortgage'."
Huang Fengwen continued.
"But after thinking about it carefully, it wasn't a big deal. For that kid, it wasn't actually a bad deal."
Although we have seized the property, as long as he can repay the 10 billion on time, there will be no problem.
He'll use this money to put out the immediate crisis, and then slowly figure out how to raise the money to pay off the debt later.
The real problem is that no one expected that the Old Chairman would collapse so coincidentally right after the contract was signed!
Su Hao estimated that Shen Zekai must be hating Huang Fengwen and himself to the core right now, dreaming of tearing them apart alive.
"But speaking of which, A-Hao, why did you have to specifically name that particular housing development back then?"
Huang Fengwen asked curiously,
"To be honest, you can just seize any of his subsidiaries as collateral. They're not going to default on their debts anyway."
"It was just... a sudden thought." Su Hao scratched his head.
"I bought an apartment near Evergreen Heaven Seal, you know. Maybe I'm a bit obsessed with that place?"
Su Hao herself was quite puzzled. Why " Evergreen Heaven Seal " in particular?
Despite having so many other options, his intuition, like an iron nail drawn to a magnet, remained firmly locked onto that spot.
"Although the possibility is slim," Huang Fengwen stroked his chin, a sly smile typical of capitalists spreading across his face.
"But what if those bastards suddenly cause trouble internally, their cash flow dries up, and they run into cash flow problems? That property development..."
Hehe, does that mean we can legitimately 'accept' it now?
"I don't think so. It's such a big group, even a skinny camel is bigger than a horse, it's unlikely."
Besides, even if it really does fail in our hands, how to operate it is still a big problem.
That's a high-end residential complex, with a super five-star hotel inside. We people in finance have no idea how to manage that.
"It's just wishful thinking, a way to indulge in idle talk." Huang Fengwen knew it wasn't realistic.
"Besides, Shen Zekai just became the Director, and he hasn't even settled in yet, but he's already starting to lobbied for projects everywhere. He's obviously trying to fill the hole as soon as possible."
I have to say, this kid's got some skills.
Whether it's a brokerage firm or a private equity fund, they are essentially brokers of capital.
Their specialty is buying low and selling high to profit from the difference.
As for specific business operations and management, that's not their forte.
"I heard he's been making quite a splash overseas lately, especially in Europe," Huang Fengwen said, as if remembering something.
"It seems to be a project he was working on before, which was delayed due to the succession dispute, but has now been restarted."
This time, he has big ambitions; he wants to create a world-class hotel brand, focusing on the European market, especially... France, where he's poured a lot of money.
"puff--!"
Su Hao suddenly spat out the mouthful of wine he had just taken a sip of, choking him and causing him to cough violently.
Huang Fengwen was startled and quickly patted his back to help him catch his breath.
"Oh my god! A-Hao, what's wrong? Did you choke? Or are you feeling unwell?"
"Ah, no, it's nothing, Brother Huang," Su Hao coughed, his face and neck red, wiping his mouth awkwardly, his voice still a little hoarse.
"I just... I choked a little, I'm so sorry."
'What...what just happened?'
The moment I hear the word "France," an indescribable, turbulent feeling of restlessness surges up from my core. What is this?!
