Yu Huanren is the only son of Wu Bing and Yu Chengwan, and the only second daughter allowed to work in 'Wancheng Development'.

On this day, he urgently found his mother Wu Bing and said: "Mother, I found out in the company that the eldest brother and the second brother tricked their father into using the company's funds to speculate in stocks, which has caused huge losses. ”

Wu Bing said in shock: "How much did you lose?" ”

Yu Huanren shook his head and said: "They control the news very strictly, and I only got a little bit of news from a person around them when I need to repay the property loan, anyway, the loss is very large, after all, the Hang Seng Index is only 450 points now, if they buy at 800 points, they will lose half of it." In addition, even the property loan needs to be scraped together, and I am afraid that I will lose a lot. ”

His development in Wancheng is weak, the big house has two sons, and the second room is only one son; In addition, in recent years, my father has begun to pay attention to his eldest brother, especially after his mother is old and frail.

Wu Bing said: "You did the right thing this time, you didn't make a noise, but came to me to discuss." ”

She was born in a wealthy family in Suzhou, and she was born as an eldest lady, so she naturally understands a lot of truths. If a son exposes his father's behavior, he will inevitably be abandoned by his husband.

Yu Huanren said respectfully: "Mother is more thoughtful than her son, I thought of you as soon as I could." ”

Wu Bing nodded, and then thought about it.

After a long time, Wu Bing's face suddenly became happy, and he said, "Good opportunity!" ”

Yu Huanren hurriedly said, "What a good opportunity?" ”

Wu Bing said with a smile: "This is the best opportunity to bring down the big house, of course, we have to borrow external forces." ”

Yu Huanren was not stupid, and immediately said: "Mother means looking for the other two major shareholders of Wancheng Development - Sir Lin and Li Sheng?" ”

Wu Bing looked at his son happily, the son can be taught, the son is smarter and calmer than the two big houses, but he is not the eldest son.

"We have to plan for this: first, not to offend your father, but to put the blame on your two brothers; Second, you need to take the opportunity to take the position of general manager; Third, it is best to get Sir Lin and Li Sheng as backers. ”

Yu Huanren said incredulously: "Sir Lin can't take care of this matter, let alone his relationship with his father?" ”

Wu Bing said: "Not necessarily! After all, Sir Lin has 15% of the shares in Wancheng Development, and Li Sheng also has 10% of the shares, and now they are losing their money, and they are bound to be dissatisfied with the behavior of speculating in stocks with public funds. Secondly, your little sister is now an employee of Miramar Hotel, but she has taken the path of Sir Lin, although she has not been taken care of, but listening to your little sister, Sir Lin's sister Vice President Lin has taken care of her, we just need to plan well, let Sir Lin put pressure on your father, and let you take the position of general manager, then Dafang will have no hope of turning around! ”

Yu Huanren said in surprise: "Mother is smart, mother, in fact, we can do this. Bringing Sir Lam into the majority shareholder and diluting my father's stake would make my position even more secure. What's more, I suspect that the company has a problem with its funding and needs new money to come in. ”

Wu Bing saw that his son was doing things firmly, and immediately said, "Okay, I'll find a way to see Sir Lin later, and then I'd better come up with more evidence on your side." ”

"Yes, Mother."

A family conflict is inevitable, and Yu Chengwan never dreamed that the listing of a company is not necessarily a development opportunity, but may also be a catastrophe.

A new year is coming (1974).

At the end of last year, the oil crisis broke out completely, and the OPEC organization banned oil imports to the United States, Western Europe, Japan and other countries that support Israel. At the same time, the price of crude oil soared to $11.83 per barrel, which had a huge impact on the world economy - the Great Decline.

The price of petroleum and ancillary products in Hong Kong was raised three times last year, especially by 13.7% in November, resulting in a 27% increase in the cost of living in Hong Kong as a whole.

Hong Kong's stock market fell again and again, and finally ended at 450 points at the end of last year, and plummeted by about 1,400 points for the whole year, a decline of more than 70%.

It is not only the stock market that has been affected, but also the oil crisis that has caused Hong Kong's real estate to plummet, with a general decline of 20%, and it is still falling.

Of course, all this is what Lin Zhichao is happy to see.

For him, a crisis is an opportunity, and if there is no crisis, how can he profit!

The oil crisis led to a major decline in the global economy, which means that soon there will be a lot of cheap and high-quality assets in the world for him to pick up.

Universal Group.

"Boss, we have reached an agreement with Japan on the supply of 1 million tons of oil, 11.8 US dollars per barrel of oil, and the freight is calculated separately." Feng Yongfa walked into Lin Zhichao's office and said happily.

Lin Zhichao said unexpectedly: "The Japanese are so refreshing? ”

He often deals with the Japanese, and the Japanese businessmen are very shrewd, and this time the price was not suppressed, which is really rare.

Feng Yongfa said with a smile: "The oil crisis is too sudden, and Japan does not produce oil, and in less than a month, the whole of Japan fell into an oil shortage. ”

Lin Zhichao nodded and said, "This makes a lot of sense!" It seems that Japan will soon relent, saying that it will no longer support Israel and will instead support the Arabs. ”

In fact, in the previous life, the Japanese were the first to succumb, followed by Western Europe; Only the United States and the Netherlands have been holding on.

In fact, although the Arabs were defeated, the fourth Middle East war was indeed 'victorious' for them.

First of all, at the beginning, the Arab League took Israel by surprise, which led to a great increase in their confidence and washed away the shame of the 'Six-Day War' in 1967, which was also an important cornerstone of the subsequent negotiations. Although in the end, Israel won, but the Arab League will still find self-esteem.

Second, after this war, OPEC gained the right to price oil, and since then, Middle Eastern oil producers have begun to rely on oil as a resource to become rich countries, especially Saudi Arabia.

Feng Yongfa thought for a while and said: "But the price of oil cannot fall back below ten dollars, after all, OPEC has finally obtained the pricing power, which is equivalent to getting a weapon." ”

"It's natural!"

The Universal Group still has 2 million tons of oil left, and it does not worry about buyers at all. Lin Zhichao plans to sell to a British oil company, and by the way, he has a relationship with the Labour Party.

As for selling directly in Hong Kong, that's not realistic:

First of all, he has crude oil on board and has not yet been refined, although he has a cooperative refinery in Singapore;

Second, if he intervenes in Hong Kong, he will not only offend the six major European and American oil companies, but also the mainland, which will supply oil to Hong Kong.

In the end, Hong Kong is too small, and if he intervenes, it will change too much, which is not good for his business practices.

Lin Zhichao took Zhao Yazhi to the Miramar Hotel for dinner, and prepared to open a house by the way in the evening.

"Uncle Lin"

At the hotel restaurant, Yu Huafang stepped forward to greet him.

Lin Zhichao was a little helpless, it wasn't that Yu Huafang made him unhappy when he said hello, he was not so unkind; It's Yu Huafang who called him 'Uncle Lin', which made him a little helpless, of course, others didn't call him wrong, that's how he was called when he was a child.

"Hua Fang, how is it, working here?"

At this time, Lin Zhichao and Zhao Yazhi were sitting in the booth of the restaurant, and Yu Huafang came to the two of them. She is dressed in a work uniform, with peach blossom eyes and a pouty mouth, which is very suitable for hotel marketing.

Zhao Yazhi covered her mouth and snickered, she had been with Lin Zhichao for so long, of course she knew the reason for this man's helpless expression. This man was obviously only in his twenties, full of vitality and vigor, and he 'tortured' her enough every time, and now he was called 'Uncle Lin', and he was still a twenty-year-old girl, which was really strange.

Lin Zhichao warned Zhao Yazhi with a look, in front of his juniors, pay attention to the image.

"Very good, Miramar Hotel is the best hotel in Hong Kong, I am really happy and honored to work here, Vice President Lin also taught me a lot" Yu Huafang immediately expressed her loyalty.

"Okay!"

Lin Zhichao replied simply!

Seeing this, Yu Huafang also understood what Lin Zhichao meant, but she still said: "Uncle Lin, my mother and brother want to see you, it seems that it is a matter of Wancheng Development Company!" ”

Lin Zhichao frowned, how could he get involved in the development of Wancheng!

Seeing Lin Zhichao's attitude, Yu Huafang immediately said: "It seems that the eldest brother has lost a lot of money in stock trading!" ”

Lin Zhichao nodded seriously and said, "You call them to come to the hotel, and I will talk to them at ten o'clock in the evening." ”

Yu Huafang immediately said: "Okay"

Then, twisting his bewitching delicate body, he left the scene.

Zhao Yazhi didn't ask much, she knew her duty to be a woman.

Lin Zhichao sighed: "Stocks are really harmful! ”

He already understands some things, Yu Chengwan has been relatively calm in business, but after the listing, it has swelled a little, compared to this time, under the bewitchment of his big house girl, he intervened in stock speculation, which caused the company to lose money. This also involves the intrigue between the women of the two houses.

Lin Zhichao doesn't want to get involved in other people's affairs, but he has a 15% stake in Wancheng Development, and it is also an asset of millions of Hong Kong dollars, how can he easily make people lose it?

He has a lot of money, but it doesn't mean that he likes to waste, on the contrary, Lin Zhichao has always adhered to a thrifty style.

The money he gives to women will not disappear in this world, and he can still roll money.

Zhao Yazhi said: "That's for others, for you, it's the chance to win." ”

Listening to the woman's praise, Lin Zhichao felt more or less comfortable.

Ten o'clock in the evening.

After Lin Zhichao cleaned up Zhao Ya, he wore pajamas in the living room of the presidential suite and met with Wu Bing, Yu Huanren, and Yu Huafang.

"Sister-in-law"

"Uncle Lin"

After some politeness, everyone sat together.

"Huanren, let's talk about it, what happened to Wancheng's development?" Lin Zhichao said to Yu Huanren.

He knew that Yu Huanren was also an executive at Wancheng Development, specializing in property management.

"Uncle Lin, my father was bewitched by his two elder brothers, and took the company's funds to speculate in stocks, and the loss reached about five million Hong Kong dollars; Coupled with the fact that the current sharp drop in rents has caused financial strain for the company, especially with three outstanding property loans, I am worried that if this continues, the company will fall into bankruptcy. ”

A loss of 5 million Hong Kong dollars means that he also lost 750,000 Hong Kong dollars. In addition, Yu Chengwan's purchase of property is expensive, which is a lot of losses.

Lin Zhichao never thought that Yu Chengwan had reached this age, but he was so inflated.

can lose 5 million Hong Kong dollars, Wancheng Development has invested at least more than 10 million Hong Kong dollars.

The market value of the completed development is only more than 30 million Hong Kong dollars, which is simply frustrating.

"You tell me this because you want to use me to intervene in the competition between the two of you, aren't you?" Lin Zhichao said without anger.

Wu Bing and the others suddenly panicked, and she hurriedly said: "Lin Sheng, it's not like this, we just don't want Wancheng Development to be ruined, because now only you can persuade my husband to turn back." If we persuade him directly, we will be perceived as interfering. ”

Yu Huanren also hurriedly said: "We only need Uncle Lin to persuade my father to stop in time, we have no other ideas, after all, you are also a shareholder." ”

Lin Zhichao saw that the family of three was frightened, so he stopped putting on a score, after all, he really planned to interfere with the development of Wancheng.

"Huanren, I remember that your father praised you, your skills are not bad! Today you can boldly talk about what you think, it doesn't matter if you are wrong! "Beat a stick and give a sweet date.

It depends on whether Yu Huanren is really capable and whether he can seize the opportunity!

Yu Huanren didn't look at Wu Bing this time, but plucked up the courage to say: "Uncle Lin, you know my father, he has always been in business calmly and moderately, but after the automatic listing, he rushed into the market under the bewitchment of his two elder brothers, causing the company to fall into financial difficulties. So, I want you to inject a sum of money into the completion of the development, stabilize the company's finances, and increase your shareholding. At the same time, we have to investigate the person responsible for this loss, that is, my two brothers who are in charge of financial investment. ”

He removed his father from the responsibility because he knew that his father had a good relationship with Uncle Lin. But if such a big loss is caused, someone naturally has to take responsibility, so it is a big house.

Lin Zhichao smiled: "You haven't said one thing yet, that is, I hope I can be the general manager, don't you?" ”

Yu Huanren was taken aback, and hurriedly stabilized his mind and said: "Uncle Lin, I don't dare to say this, after all, the company belongs to you, my father, and Uncle Li, and everything is up to you!" ”

As long as the two elder brothers are driven away, after all, the father is old, how can he have a place.

Lin Zhichao said: "If you feel that you can do it, you can speak out boldly!" ”

Yu Huanren said: "I think I can do better than my brothers, Wancheng Development currently has a lot of properties, but the temporary capital turnover is not open"

Lin Zhichao said: "I know, you go back first!" ”

The three of them hurriedly got up and said goodbye!

Today, they were scared enough, for fear that Lin Zhichao would think that they would not do this well, and then the husband and father would be even more implicated, and the entire second room would be finished.

Lin Zhichao, he is so terrible!

Today's matter, let's let Li Gaofu jump out and be a 'wicked person'!

Following.

In the name of shareholders and directors, Li Gaofu applied for a review of Wancheng Development's accounts.

Yu Chengwan couldn't hide the matter, and finally couldn't help but confess.

Wancheng Development has lost 5.3 million Hong Kong dollars in stock speculation, plus more than 20 million Hong Kong dollars spent on the purchase of three properties last year, there is actually a crisis. After all, for more than 20 million properties, only a part of the payment is made, and the follow-up needs to be injected with funds.

As a result, Li Gaofu applied for a board meeting.

Wancheng Development, Conference Room.

Yu Chengwan made a public review at the meeting, especially in the face of Lin Zhichao, and he felt a sense of shame.

"To be honest, it was so smooth sailing that I inflated myself and made such a mistake. I feel very guilty for all the directors and shareholders."

But dare to do it!

But if it weren't for someone exposing it, Yu Chengwan probably wouldn't have turned back.

Li Gaofu immediately said: "Fortunately, it was discovered early and can be saved in time, otherwise Wancheng Development will be on the verge of bankruptcy." ”

He also lost a little bit in stock speculation, but Fuhe Real Estate made a lot of money through stock swaps before the stock market crash, so he could buy some real estate this year.

This time, he finally didn't make a mistake, in fact, he knew that thanks to the share exchange with Cheung Kong Group, he was able to capture some information.

Yu Chengwan's eldest son, Yu Huancai, said unwillingly at this time: "The stock market has been rebounding recently, not necessarily"

Lin Zhichao said: "With high oil prices and the imminent coming to power of the British Labour Party, the stock market will only fall more and more fiercely. The shares of Wancheng Development need to be emptied immediately, and the stock speculation itself is not in line with the company's articles of association. ”

Yu Huancai was speechless for a moment, he didn't have the courage to refute the famous Sir Lin. In fact, he is now just a gambler's gambler.

Yu Chengwan then said: "Someone needs to be responsible for the failure of this stock speculation, and I am mainly responsible!" ”

Lin Zhichao said: "Wancheng development cannot be without Yu Chengwan!" ”

Yu Chengwan immediately cast a grateful gaze, and then decided to break his arm to survive and get forgiveness from his friends!

"The two directors Yu Huancai and Yu Huanqing are directly responsible for this stock speculation, and I have decided to remove them from their directorships and no longer entrust them to senior management. Now, let's vote! ”

Yu Huancai and Yu Huanqing were suddenly frightened, and then they were kicked out of the conference room without any suspense.

Next, Yu Huanren took the initiative to say: "Even after selling the shares, Wancheng Development still has insufficient funds, so I would like to implore the board of directors to discuss the issuance of 25% of the new shares, and Cheung Kong Group or Fuhedi production capacity subscription." ”

At this time, Yu Chengwan's equity was originally less than 50%, and if it was diluted, it would only be about 36%.

But only by issuing new shares can the company's crisis be truly alleviated, otherwise the debt will overwhelm the company.

Next, a number of decisions were quickly reached:

Issued 25% of the new shares to Cheung Kong Group, raising 8 million Hong Kong dollars, and Cheung Kong Group's shareholding became 36.25%, which is about the same as Yu Chengwan's shareholding.

Yu Huanren was appointed as the executive director and general manager of the company to assist Yu Chengwan in managing the company.

Sell all the shares immediately, along with the funds raised, mainly to repay the instalment loan. As for the remaining funds, choose the opportunity to buy the property again.

After the meeting, Lin Zhichao and Li Gaofu came to Yu Chengwan's office meeting to chat.

Public is public, private is private, and the relationship between the three is still not affected.

"Today's meeting woke me up!" Yu Chengwan said with a sigh.

Lin Zhichao said: "We have to learn a lesson, the stock market is risky, and only no matter how much real estate depreciates, there is still a physical existence." ”

In Wancheng Development, he has invested 14 million Hong Kong dollars before and after, but now the market value of his stock is only about 13 million, and he has lost money on the books.

"Well, Lin Sheng is right!"

At this time, Yu Chengwan also understood that this failure could be regarded as Lin Zhichao and Li Gaofu giving face, and they also reserved the management rights to themselves. Otherwise, the board of directors may decide to issue new shares and then oust his chairman. If he really wants to be investigated, there are still people from the Securities Regulatory Commission who are making trouble with him, and he will not be legally responsible.

(End of chapter)