Chapter 166: A Long-Planned Conspiracy!

"Oh my, esteemed executives, I'm truly honored to have you all here amidst your busy schedules."
In a private room of a top-tier restaurant, Huang Fengwen smiled like a benevolent Buddha, personally pouring tea for a group of financial tycoons.
Which of these tycoons wasn't a big shot in the financial world?
In the past, Fanghuan Investment was nothing.
They wouldn't even bother remembering Huang Fengwen's name.
Even if he respectfully presented them with invitations, they would probably just have their secretaries come up with some bizarre excuse like "it's my dog's birthday today" to decline.
But now, times have changed!
Things are different now!
Today, Fanghuan Investment is a formidable force in the capital market, and Huang Fengwen, as the helmsman of this formidable force, has risen to prominence, his name resounding throughout the land—a veritable "God of Wealth"!
"Chairman Huang, you're too kind! Since you're treating, we absolutely have to accept!
You're currently the most profitable tycoon in our financial circle; who wouldn't want to get close and benefit from your success?
Right, everyone? Hahaha!"
A bank vice president laughed.
"Exactly! In our financial industry, to turn a company into a national hero, Chairman Huang, you're truly one of a kind!
That boldness, that courage—we admire you to the core!"
Everyone chimed in with their praise, creating a harmonious atmosphere.
"Hey, everyone, don't flatter me. We're all savvy people in this industry.
All of this is thanks to those foreign devils! I'm having a terrible time too."
Huang Fengwen waved his hand, a weary expression on his face, as if he were "forced into it."
After a round of mutual flattery, the assembled CEOs were all on tenterhooks, wondering:
Huang Fengwen must have something up his sleeve by bringing everyone together today. What was he really up to?
Huang Fengwen sighed, his smile fading and his expression turning serious.
Everyone thought to themselves, "This is finally the main event at this treacherous banquet."
"There's no turning back once the arrow is released," Huang Fengwen said, cutting to the chase.
"Things have come to this point, and I've decided to properly revitalize 'Xia Hua Shipping.'
So I changed the company name to 'Fang Huan Shipping,' to cut off any possibility of backing out.
But… after taking over this mess, I discovered!
Wow! This company has so many bad debts, stacked up, they're taller than me!"
Oh wow!
I see!
Everyone's hearts skipped a beat, and they instantly understood.
So, after all this fuss, Huang Fengwen was just complaining about his excessive debt and had come to them, his creditors, to plead poverty!
"Everyone here should be a member of the 'Xia Hua Shipping' syndicated loan group, right?"
Syndicated loan.
Simply put, when a loan amount is too large for any single financial institution to bear the risk alone, a "syndicate" is formed.
Multiple institutions contribute capital proportionally, jointly lend, share the risk, and share the profits.
This forms a massive "creditor alliance."
And the tycoons present today were the core members of that "creditor alliance" that lent Xia Hua Shipping such a huge sum of money years ago.
In an instant, the atmosphere in the private room completely changed.
Those bosses who had been fawning just moments before now stood ramrod straight, chins slightly raised, their eyes gleaming with amusement and arrogance.
They wanted to see how Huang Fengwen would fawn over them, how he would tearfully beg for leniency, a discount on his debts, or an extension.
However, Huang Fengwen's next words struck them like a hammer blow, leaving them utterly stunned.
"I'm the kind of person who likes to overthink things. Something just doesn't feel right.
How could you possibly have dared to lend 50 billion to a shipping company that's hardly a giant?
So I started scrutinizing those contracts, word by word."
Huang Fengwen grinned, revealing a set of white teeth, but a smile that sent chills down everyone's spines:
"Gentlemen, I've discovered something. Is it possible that, from beginning to end, your real debtor wasn't Xia Hua Shipping at all?"
The crowd froze, exchanging bewildered glances.
"Chairman Huang, what do you mean by this?" a bank executive frowned.
"We lent money to Xia Hua Shipping; it's written in black and white in the contract!"
"That's right, the contract was signed with Xia Hua Shipping.
But I want to ask everyone, if it weren't for the guarantee agreement Xia Hua Group signed in the contract's appendix, promising to repay the loan if Xia Hua Shipping defaults...
Anyone here would dare to entrust tens of billions of yuan to such a company?"
This question hit the nail on the head, and everyone fell silent.
Indeed, they dared to extend such a massive loan because of that guarantee agreement from "Xia Hua Group."
"So, your real source of confidence is the guarantee agreement from Xia Hua Group, right?
Then, did Xia Hua Group hold a board meeting for this secretly signed guarantee agreement?
Did they follow the shareholder meeting resolution process?
Of course, large groups using subsidiaries for secret financing is an industry norm; everyone does it.
It usually doesn't go that far.
But what if Xia Hua Group never intended to repay the money in the first place, and was solely focused on suing you all?"
This question exploded like a thunderclap in the conference room.
Huang Fengwen observed with great interest the rapidly changing expressions on the faces of each CEO present—a complex mix of shock, confusion, and fear, a fascinating array of emotions.
Someone immediately pulled out their phone, seemingly urgently contacting the legal department to verify.
"Judging from your expressions, you've probably never cared about this issue before."
A cold smile curled at the corner of Huang Fengwen's lips as he laid out the mystery revealed by Du Yuanhang, verbatim.
“You’ll find that this guarantee agreement was never approved by any internal resolution of the Xia Hua Group; it’s a typical ‘illegal guarantee.’
Once Xia Hua Shipping declares bankruptcy, and you take the contract to the Xia Hua Group, they’ll immediately turn around and claim the agreement is ‘invalid,’ alleging it was an ‘overreach of authority’ by their then-chairman.”
“This…this is impossible!” someone exclaimed. “This is commercial fraud!”
“Of course it’s fraud. But what about in court?” Huang Fengwen emphasized.
"The judge will ask, 'As a professional financial institution, why didn't you fulfill your obligation to review the other company's resolutions when signing a guarantee contract involving tens of billions?'
The charge of 'failure to fulfill due diligence obligations, resulting in gross negligence' will be pinned on you.
In the end, if you manage to recover even 30% of this money, you'll be lucky!'"
Everyone present, having reached their positions, had climbed their way up through the ranks of shrewd and calculating individuals.
Huang Fengwen's words, once cleared to everyone, made the whole picture instantly clear.
"Hiss—" A collective gasp filled the conference room.
Everyone understood the crux of the matter, their backs instantly drenched in cold sweat.
This was no longer a simple commercial dispute; it was a premeditated conspiracy!
These self-proclaimed shrewd financial elites had been manipulated from beginning to end!
"Then, what should we do?" someone asked, their voice trembling.
(My darlings, today's three chapters have been posted. Just refresh the page to see them. I'll try to post all three chapters at once tomorrow. Thank you everyone! Love you all!)