GBP Chapter 365 Harsh
Chapter 365 Harsh
He told the head of Zhao'an Real Estate, "You see, although Hongpu Chemical has debt problems now, its property is in a good location and has great potential."
You'll definitely make a profit from acquiring these properties in the future.
"And the price I offered was very reasonable." He said something similar to the person in charge of Hehong Real Estate Company.
After negotiations, Zhaoan Real Estate and Hehong Real Estate Company finally agreed to acquire some of the properties under Hongpu Chemical, which further improved Hongpu Chemical's financial situation.
Meanwhile, progress has also been made in the sale of Hongpu Chemical Company's patents.
The team responsible for selling the patents successfully sold 80% of the company's patents, raising 960 million yuan.
Upon receiving the news, Jiang Tiansheng was delighted and told his team, "Well done! This funding is crucial for reducing our debt ratio."
After calculation, the finance staff found that the debt ratio had been successfully reduced to 40%.
Moreover, with the continuous release of various positive news, the share price of Hongpu Chemical has risen from the original 0.24 yuan to 0.4 yuan.
However, troubles always seem to come one after another.
Standard Chartered Bank sent staff to Hongpu Chemical to collect the debt because the company failed to repay its loan on time.
The staff approached Jiang Tiansheng and said, "Mr. Jiang, the loan from Hongpu Chemical is overdue. According to the contract, you need to repay it as soon as possible."
The company is currently facing a cash crunch and cannot repay all bank loans at the same time; there must be a priority order.
He told Standard Chartered Bank staff, "I know the loan is overdue, but our company is now prioritizing repayments to HSBC and Bank of East Asia."
Because they are more important to our company's business development. We can't repay the Standard Chartered loan for the time being.
Upon hearing this, the staff member became a little anxious and said, "Mr. Jiang, this won't do. If you don't repay on time, it will affect the reputation of the bank and the company."
Jiang Tiansheng hardened his stance, saying, "If Standard Chartered Bank's reputation is affected by this matter, we will consider taking Standard Chartered Bank to court."
Our company has been actively working to resolve its debt issues, but there's a specific order to the process, and we hope you understand.
Liu Jiehui, vice president of Standard Chartered Bank, was furious when he learned of this.
He called Jiang Tiansheng and questioned him over the phone:
"Mr. Jiang, what do you mean by this? You're overdue on your loan and now you're threatening to sue our bank?"
Jiang Tiansheng said neither humbly nor arrogantly, "Vice President Liu, our company has its own repayment plan."
Prioritizing repayment to HSBC and Bank of East Asia is based on our company's business considerations.
If you continue to press for payment like this, it will disrupt our company's normal operations and benefit no one. Think about it carefully and don't create trouble for yourself.
After saying that, Jiang Tiansheng hung up the phone. Liu Jiehui was so angry on the other end of the line that he stomped his feet, but there was nothing he could do about it.
After hanging up the phone, Jiang Tiansheng sat at his desk and rubbed his temples.
In the following days, Liu Jiehui was so angry that he could have swallowed a person whole because Jiang Tiansheng refused to repay the loan to Hongpu Chemical.
He called and sent people to his door repeatedly, trying to get Jiang Tiansheng to pay back the money as soon as possible, but Jiang Tiansheng always stubbornly refused and wouldn't budge.
That day, Liu Jiehui came to Jiang Tiansheng's office in person again. As soon as he entered, he shouted at the top of his lungs:
"Jiang Tiansheng, when exactly do you plan to repay the money? Your company's loan has been overdue for so long, this matter can't just be dragged on like this!"
Jiang Tiansheng calmly stood up from his chair, walked up to Liu Jiehui, and said coldly:
“Vice President Liu, I’ve told you many times that the company is currently facing a cash crunch and needs to repay other bank loans first. Your Standard Chartered Bank loan will have to wait in line.”
Upon hearing this, Liu Jiehui's face turned red with anger, and he pointed at Jiang Tiansheng's nose, saying:
"You're deliberately cheating! Do you know the consequences of doing this?"
Jiang Tiansheng didn't back down either. He took a step forward and said in a low voice, "Liu Jiehui, don't go too far."
If you keep pushing me like this, don't blame me for exposing all your dirty secrets.
I have evidence of all the underhanded things you did inside the bank.
Upon hearing this, Liu Jiehui froze as if he had been struck by a pressure point, his face turning pale and then red.
Jiang Tiansheng wasn't bluffing him. If those things were really exposed, he would lose his position as vice president.
He gritted his teeth, glared fiercely at Jiang Tiansheng, and left without saying a word.
Jiang Tiansheng watched Liu Jiehui's retreating figure. So what if they were blacklisted by the bank? At worst, he could just sell Zhao'an Real Estate Company.
I can recoup some funds and continue investing in stocks to make a living.
After resolving his issue with Liu Jiehui, Jiang Tiansheng turned his attention to the stock price of Hongpu Chemical Company.
He contacted Xie Jiyuan, a stockbroker from the landlords' association, through Su Qishan.
The landlords' association had some influence in the stock market, and Jiang Tiansheng wanted to use their influence to raise the stock price of Hongpu Chemical.
The two agreed to meet at a coffee shop, and Jiang Tiansheng got straight to the point:
"Mr. Xie, I know that landlords have ways to manipulate the stock market. I would like to ask you to help me manipulate the stock price of Hongpu Chemical."
Xie Jiyuan picked up his coffee, took a sip, and said slowly, "Mr. Jiang, this is not something that cannot be done."
However, we also get a share. We help you manipulate the stock price, and if we make money, we get 50% of the profits.
Jiang Tian shook his head and said, "Mr. Xie, 50% is too much. I can only offer 5% of the shares. Moreover, you must operate according to my instructions."
Xie Jiyuan was somewhat displeased, "Mr. Jiang, your conditions are too harsh."
"A 5% rights issue, and we go through all that trouble, how much money can we possibly make?"
Jiang Tiansheng said unhurriedly, "Mr. Xie, you are also aware of the current situation of Hongpu Chemical."
While there is potential, the risks are also considerable. Offering 5% of the shares is already a very generous gesture.
Moreover, following my instructions will greatly increase your chances of success. If you're unwilling, then forget it, I'll find someone else.
After saying this, Jiang Tiansheng made a move to get up and leave. Seeing this, Xie Jiyuan quickly reached out to stop Jiang Tiansheng, saying:
"Mr. Jiang, don't rush off. Let's discuss this some more."
After a heated back-and-forth negotiation, the landlord finally accepted Jiang Tiansheng's terms.
However, Jiang Tiansheng did not completely trust the landlords' association, so he hired a lawyer to carefully design a contract.
The contract stipulates that the landlords' rights issue contract will only take effect when the share price of Hongpu Chemical Company rises above 2 yuan.
This avoids many potential risks.
Holding the contract, Jiang Tiansheng felt much more at ease.
While Jiang Tiansheng was busy and overwhelmed at work, his family life was also a source of worry.
His mother, Lin Ya, was determined to find a suitable marriage partner for Jiang Tiansheng by arranging a marriage between him and Bai Shuncheng's family.
That day, Lin Ya arranged a dinner party and invited Jiang Tiansheng and Bai Jinyan.
Jiang Tiansheng understood his mother's intentions, but he had absolutely no feelings for Bai Jinyan.
At the dinner table, Lin Ya kept trying to find topics to talk about, hoping to get closer to Jiang Tiansheng and Bai Jinyan.
But Jiang Tiansheng remained lukewarm, answering only questions with perfunctory responses, making the situation particularly awkward.
Bai Jinyan seemed to have noticed Jiang Tiansheng's attitude, and the smile on his face gradually became somewhat forced.
Seeing this situation, Lin Ya was extremely anxious, but she couldn't show it.
After finally finishing their meal, Lin Ya pulled Jiang Tiansheng aside and whispered:
"What's wrong with you today? I went through all the trouble of arranging this dinner, can't you just cooperate a little?"
Jiang Tiansheng said helplessly, "Mom, I've told you so many times, I have no feelings for Bai Jinyan, so let's not bring this up again."
Upon hearing this, Lin Ya's anger flared up instantly, and she shouted, "How can you be so insensible?"
This is for your own good, and also for our family's. Do you know how beneficial a marriage alliance with the Bai family would be to our business?
"You're just being uncooperative; isn't this damaging our family's reputation?"
Jiang Tiansheng raised his voice and said, "Mom, marriage is a lifelong commitment, it can't be just for business. I don't want to marry someone I have no feelings for."
The mother and son argued back and forth, neither able to convince the other.
Finally, Jiang Tiansheng couldn't take it anymore and said, "I'm not talking to you anymore."
After saying that, he stormed out of the house.
Jiang Tiansheng walked dejectedly down the street, his mind a jumble of thoughts.
Things at work are already troublesome enough, and now this has happened at home.
As he walked, he unknowingly arrived at Guan Jiahui's residence.
On September 24, the glass curtain wall of Hong Kong's financial district reflected the dazzling sunlight.
Jiang Tiansheng stood in his office on the top floor of the Hysan Development Building.
Staring at the candlestick chart on the computer screen, which had begun to flatten out.
"5 to 4 yuan, that's about right."
He muttered to himself, picked up the antique telephone on the table, and dialed two numbers.
"Tao Tao, start the sell-off and ship the goods in batches according to plan."
His voice was calm and unwavering.
"Jinyan, you can make your move now. Clear all positions before the market closes today."
After hanging up the phone, Jiang Tiansheng smirked coldly.
The surge over the past week has pushed Hysan Development's share price from HK$4.2 to HK$5.4, an increase of nearly 30%.
Yesterday's small bullish candlestick with a long upper shadow is showing signs of weakness; it's time to close the position.
He turned and walked towards the floor-to-ceiling window, sunlight casting shadows on his sharply defined profile. His phone vibrated; it was a message from Zhao'an Real Estate.
"Mr. Jiang, all 230 million shares of Xiangjiang Electric have been sold at an average price of HK$6.4, bringing in HK$1442.56 million. As you instructed, HK$154 million of that was used to buy 77 new shares of Hysan Development."
Jiang Tiansheng nodded in satisfaction.
The deal was swift and clean, with Siu On Properties already securing its profits from the acquisition of Hong Kong Electric, while the newly acquired Hysan Development shares will serve as leverage for its next move.
“Give 60% of the 20 million yuan property in Hongpu Chemical to Zhaoan Real Estate and transfer 40% to my private company.”
He gave the instructions to the person on the other end of the phone.
"In addition, apart from the 1600 million loan from Standard Chartered Bank, all other debts have been paid off."
After hanging up the phone, Jiang Tiansheng pressed the internal line.
"Xiao Chen, have the finance department release Hongpu Chemical's financial situation before the end of the day, highlighting the asset appreciation."
He walked to his desk, picked up another encrypted phone, and dialed a number he rarely contacted.
"Mr. Xie, we can begin."