Reborn as the youngest son of a chaebol, let's get to know his sister-in-law!

Chapter 171 Weaving a net against the Great Britain Group!

Chapter 171 Weaving a net against the Great Britain Group!
Zhu Yingri was annoyed for a while, but suddenly smiled.

"Damn it, Chen Yangzhe is really unscrupulous. In order to get Yajin's car, he even turned his grandson into a pawn. Does he still have the word "family" in his eyes?"

The subordinates all looked at each other, not knowing what to say.

Unexpectedly, the place where Chen Yangzhe met Song Yanming of Yajin Automobile was actually a tavern on the mountainside of Bukhan Mountain

"Oh, do you usually like to come here? Is this...exquisite?"

Chen Yangzhe looked around, feeling ordinary.

"Since Chairman Chen said he wanted to have a drink with me, then this place is more suitable...By the way, the makgeolli here is very good."

Song Yanming refused the subordinate's request for service, and put the cups on the table with both hands, filled them up respectively, and then moved the cups to the other party.

"You didn't come here to brag about your health to my old man, did you?"

Chen Yangzhe looked at this chic little tavern and grunted.

The store was deserted, as if it had been expropriated.

Song Yanming, who was wearing a mountaineering suit, picked up the towel folded on his shoulders, wiped off his sweat again, waved his hands to let his men leave the room, and then said:
"At this age, you should do some exercise and take care of your health, not just make money."

"I don't have the time or the energy to do that, you're being too hard on yourself."

Chen Yangzhe ignored Song Yanming's words and sat down on a red plastic chair.

Seeing this, Director Li realized that the two of them were going to talk about the core topic, and he also took the others away, not forgetting to close the door tightly.

"Yan Ming!"

"Ah."

"I have something to say first!"

Song Yanming stopped as he wiped his neck with a wet towel.

Chen Yangzhe smiled slyly: "If the makgeolli here is not good, I will overturn the table and leave."

President Song Yanming put down the wet towel and opened the lid of the makgeolli.

"I used to drink alone."

"Heh, after all these years, you still haven't changed."

Chen Yangzhe smacked his lips and brought out a bowl of makgeolli. Song Yanming clinked a glass with him.

"Ha!" Chen Yangzhe took a sip and smacked his lips. He hadn't drank alcohol of this strength for a long time.

"You asked me to meet, do you want to lend me money?"

Song Yanming laughed and teased him.

"Do you think I have bought Han Dao Steel, and now I still have money to lend you?"

The table was obviously full of some cold cuts and snacks, but neither of them touched their chopsticks.

"That's too bad. It seems that if I invite you to drink today, I have to pay for it myself."

Song Yanming shook his head regretfully, and took another sip of his wine.

Chen Yangzhe was taken aback for a moment, but he could hear a hint of unwillingness from the other party's tone.

"My situation is not much better than yours. Although I am not bankrupt, I still have no money in my pocket? Let me pay today, hahahaha."

After joking with each other for a while, Chen Yangzhe got to the point first.

"Yajin Automobile is destined to declare bankruptcy and reorganization. I have carefully understood that the mainstream opinion will be resolved within this year."

"Daying Group is really powerful. In order to eat up Yajin, they bought a lot of high-ranking officials to talk to President T."

In the cold country, there is no large enterprise that does not collude with officials, but Song Yanming encountered a series of setbacks.

"It seems that your efforts are wasted, Yan Ming. Everyone you meet uses Daying's car to send their children to school. It is not so easy to be the second child in the domestic auto industry."

Chairman Song Yanming's eyes changed.

"President Chen, if you have something to say, you might as well say it straight to the point."

"In short, even if Yajin goes bankrupt and reorganized...you can still have a certain right to choose independently during the reorganization, you need to prepare early!"

The meaning of reorganization is different from what most people think. It is not for paying off debts, but for expediency.

But Chen Yangzhe, who obviously has no money, needs him to work hard during the reorganization. What does this mean?
Song Yanming's mind suddenly became a little confused.

"That guy Zhu Yingri should have already made a plan, right? Using the employees of the company as bargaining chips, by putting pressure on the government to obtain some debt relief, and then take advantage of the trend to close some subsidiaries of Yajin Automobile and gradually digest the inventory of Yajin, and finally Annex Yajin again."

Chen Yangzhe simply pointed out the opponent's plan and layout.

"Are you talking about the plan? I probably know it. Isn't this a normal business operation, but the government..."

Song Yanming felt that it was a little impossible, because if the plan was to be followed, the government would face huge resistance.

After all, according to this kind of shock therapy, employees can only guarantee three days off and one day off, and only pay 40% of their wages. The workers' association will definitely not let it go.

So Song Yanming snorted softly: "It is impossible for a person to be lucky twice. This time, only big companies went bankrupt, but the foundation of the government was not shaken. The president will have more means to carry out administrative intervention."

"Chairman Chen, you don't have to pay for the makgeolli. Even though Yajin is bankrupt, I can still pay for this drink."

Song Yanming had given up somewhat, because when Chen Yangzhe told the fait accompli, even though he was still arguing on the lips, he felt even more uncomfortable in his heart.

So, he drank the wine in his glass and didn't want to talk any more.

However, Chen Yangzhe's words stunned him instantly.

"I have a proposal. If you can make a statement, I will let you continue to serve as the president of Yajin."

Chen Yangzhe is famous for being one-sided in the industry, and every word that comes out of his mouth has been implemented.

So Song Yanming immediately raised his head and looked at him.

"Aren't you out of money?"

"Who said that I will use my money to buy Yajin, am I the only one who has ideas about Yajin cars?"

After staring blankly at Chen Yangzhe for a while, Song Yanming shouted out the door.

"Butler Jin! Go to the kitchen and get some more scallion pancakes and some makgeolli."

When the tavern waiter put the makgeolli and scallion pancakes on the table.

Song Yanming poured the wine in Chen Yangzhe's cup onto the floor.

Command the waiter with a serious tone:

"Go, get a new cup."

Then Song Yanming smiled and handed over a full glass of makgeolli.

"Do you really have a way, I mean you said you want me to be the president?"

"Don't I look like I have a way?"

Chen Yangzhe has always been displeased with Song Yanming, because this guy is always hesitant when doing things.

Song Yanming bit his lip, but wanted to hear about the handling of the bankruptcy.

"and then?"

"Zhu Yingri has already taken action, so the creditors will spontaneously form a group to collect debts. If he proposes a self-rescue plan and feels that he will get more money than going bankrupt, then their enthusiasm will definitely be very high."

"And then?" Song Yanming asked.

"Then Daying Group will take over Ajin's bankruptcy reorganization."

"With the support of the creditor group, Great Britain will likely be the only group to submit an expression of interest."

"I would attach conditions to the letter of intent, such as debt relief, stock dividends or whatever."

"Is this okay?" Song Yanming hesitated.

"Is there anything wrong? Yan Ming, you can use the stocks in your hand to reduce debts and repay debts. Although the stocks have been reduced, you can get out as a legal person."

"That third-party company is Hansheng Technology, is it your in-laws?"

Song Yanming suddenly thought of a possibility.

In his opinion, Li Zaixi of Hansheng Technology is more courageous than expected. After all, this will greatly enhance his granddaughter's status in Shunyang Group.

Maybe, Shunyang Automobile, which successfully swallowed Yajin, would even offer a part of its stock as a bride price!

"No, I don't intend to borrow money from Hansheng Technology. You should have heard of Daily Investment, the foreign capital that was on TV."

"Jianri? The last time Han announced the [-] trillion yuan plan on TV last time, the industry regarded him as a gimmick..."

"Yes, that's it."

Chen Yangzhe picked up a glass of makgeolli, first smelled the aroma of the wine, and then drank it down.

"Don't get me wrong, this company has nothing to do with me. It's an American investment company through and through. The president there is my youngest son Chen Runji's overseas classmate. I was just entrusted to deliver the message to you."

Song Yanming shook his head slightly.

"Chairman Chen, it's unbelievable that someone like you actually helped them spread the word."

"Trust me, I really want to save Yajin Auto too."

"Uh?"

"If Daying Group takes over Yajin Motors, Shunyang, which is already struggling, will have to withdraw from the market due to all-round suppression..."

Song Yanming understood.

"Okay, so, what does this company called Day by Day want?"

Chen Yangzhe said as a matter of course: "What does the investment company from country M want? Isn't it just to buy Yajin with a small amount of money, and then package it and sell it at a high price for arbitrage?"

"You mean you guarantee my position as president?" Song Yanming still asked this sentence, obviously he was also at war with heaven and man in his heart.

"Yes, because even if you buy it day by day, no one can manage it. If you are the chairman, the company will give you 5% of the profit every year."

Song Yanming silently drank a bowl of makgeolli and said worriedly:

"I can't do it for long."

"Because the president who gets the salary must retire at the retirement age, which is different from me. To be honest, I am 77 years old."

Chen Yangzhe clearly pointed out the difference between himself and the other party.

"Then I am 60 this year, can I still work for another 15 years?"

"possible."

"After five years, when the company normalizes and sells its shares day by day, you can choose to step down or continue."

Song Yanming smiled: "I am an old bone, how long can I do it? After 15, I am not interested."

Chen Yangzhe put a piece of scallion pancake into his mouth and put down his chopsticks.

"I already have some stocks in my hand, and we will hold an extraordinary general meeting of shareholders of Yajin. If you accept their proposal, will the general meeting of shareholders go smoothly?"

After speaking, Chen Yangzhe stood up from his seat.

"President Song, may I say something more?"

"what."

President Song Yanming also stood up from his seat.

"The makkolli wine here is not good, but the scallion pancakes are fine."

For a moment, President Song's eyes flashed.

"I agree, haha."

Although it was not stated clearly, Chen Yangzhe's invitation has already been answered.

The party involved, Song Yanming, must have been full of ambition. With Chen Yangzhe's promise, he seemed to have relieved a heavy burden.

Chen Yangzhe confessed to him sternly: "Daying's large-scale offensive is about to begin, I hope you play the role of an incompetent and greedy old man, and I will give you the instructions for action!"

"Are you saying that I pretended to agree to Zhu Yingri's plan first, and betrayed me at a critical moment?"

"If the people are completely disappointed in you, there will be no room for maneuver if you go bankrupt. At this time, Zhu Yingri, wearing a hypocritical mask, appeared like a savior and said that he wanted to save the workers. In a hurry, in order to calm the emotions of the people, Definitely will agree."

Chen Yangzhe nodded with a smile.

"I will communicate with the creditors every day to let them stop suing, so you don't have to worry. However, some reports will still come out."

Song Yanming nodded slightly, and opened his mouth:

"Stop asking for a special general meeting of shareholders. It is impossible for the British Group to be ignorant and will take precautions in advance. Don't you want to request an audit at the general meeting of shareholders? We will suddenly reveal the news when we are not prepared, and we will reveal as much as we have... "

"That's it, haha."

Chen Yangzhe smiled with satisfaction and left the bar.

.......
The next day.

do not know what is happening.

In the name of an emergency accounting audit, dozens of experts suddenly occupied the conference room of the Yajin Group headquarters.

After a lot of searching.

They found that hundreds of billions of dollars in loans flowed to the company, and from the data in the documents, they also found that more than three times as many auto factory workers were bought every day.

Ajin Finance, a company unrelated to automobiles, was a company that was used by Ajin Group as a window for private slush funds.

The accounting experts invited from Daily Investment were amazed at the efficiency of the accountants in the audit team of Shunyang Group.

They are worthy of being old rivers and lakes, and they observe meticulously.

Hundreds of billions in bribe money were found in one figure, and factory corruption was found in one auto part.

In particular, they also discovered violations that made everyone afraid to speak up.

A company supplying 7mm hex bolts routinely paid bribes to assembly line workers instead of managers.

The bribed workers only installed 7mm bolts on the car, and all 6mm bolts provided by other suppliers were discarded.

This one-millimeter gap was the cause of the large-scale recall that occurred three years ago at Ajin.

"By the way... how do you know so clearly? Has any of you worked in the Financial Investigation Section of the Procuratorate?"

Just when the daily accountant couldn't hold back his curiosity.

The employees of the audit team of Shunyang Group roared with laughter.

They laughed so happily that they didn't stop for a long time.

"It seems that you are still newbies. This kind of thing basically exists in every company. Every time we go to audit the company, we have seen it frequently."

"In Han Country, this is at the level of a kindergarten. Why are you still surprised? This kind of internal and external collusion is rampant!"

"Bribery and corruption are the drivers of economic development lol."

The young accountants taught a vivid lesson to the young people every day.

(End of this chapter)

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