Chapter 167: The Biggest Winner!
"Why are those people at Xia Hua Shipping in such a hurry to go through bankruptcy proceedings?" Huang Fengwen didn't answer the crowd directly, but instead asked,
"Because once it enters bankruptcy liquidation, Xia Hua Group's story will have the perfect stage to perform!
They've even found a scapegoat—that elderly, terminally ill chairman.
Using the 'crime' of a dying man to exchange for tens of billions of yuan—this deal is too good to be true for them."
Hearing this, everyone understood.
Xia Hua Group not only wants to shirk responsibility, but also wants a dead man to take the blame, leaving them, the creditors, with no way to prove anything and mired in a protracted, passive lawsuit—a truly bitter pill to swallow.
And these bank executives, on the other hand, will have to sacrifice their careers for this astronomical amount of bad debt.
The previously arrogant bank executives are now as anxious as ants on a hot plate.
"Chairman Huang, we're innocent! You've gathered us all here today, you must have a solution, right?"
One of the executives was sweating profusely, his voice trembling with anxiety.
Huang Fengwen looked at the group of bank executives who had instantly transformed from "creditor kings" to "lambs to the slaughter," and smiled gently, like a kind elder.
"I don't have many virtues, except I'm soft-hearted and loyal.
I especially can't stand seeing our brothers in the financial industry stabbed in the back.
How can I let my brothers here suffer the consequences when it was clearly someone else's dirty trick?"
Upon hearing this, a flame of hope instantly ignited in everyone's eyes, and their gazes towards him immediately changed.
It was the look of someone who had found a lifeline after being caught in a desperate situation!
"Chairman Huang, what do you suggest we do?"
Huang Fengwen nodded in satisfaction.
"Hmm, they're teachable. These guys are finally getting the hang of it."
"Actually, the way to break this deadlock is very simple, just four words—preemptive strike." His eyes suddenly sharpened.
"Before Xia Hua Shipping declares bankruptcy, before you're dragged into a protracted legal quagmire, you must join forces and launch a fatal blow against Xia Hua Group!"
"How?"
"All of you, immediately, apply to the court for 'pre-litigation preservation' of Xia Hua Group's assets on the grounds of 'fraudulent risk in the guarantee agreement.'
At the same time, leak this evidence of 'illegal guarantee' to financial media and regulatory authorities!"
He paused, looking at the shocked faces of the crowd, and added:
“Xia Hua Group's biggest fear is things escalating.
They dare to let their bankrupt subsidiaries go to court, but they would never dare to openly antagonize all their creditor banks in the eye of the storm!
What you need to do is prevent them from having the time to carefully plan and make the dead take the blame.
Before they overturn the table, you must preemptively destroy the entire table!
Gentlemen, at this point, you need to find a way to survive, don't you?”
The financial tycoons present exchanged glances, their eyes clashing and converging intensely, reaching a consensus in a flash!
The next second, one by one, they stood up from their seats.
“Chairman Huang, it seems we won't be able to have dinner today.”
"Yes, I need to get back to the office right away..."
"It's alright, it's alright," Huang Fengwen waved his hand magnanimously. "Once things are settled, we'll have a proper celebration together."
"We're so sorry, we'll come back to apologize after things are done. We'll drink until we drop! Thank you, Chairman Huang! Goodbye!"
Before he finished speaking, the group of people, as if their butts were on fire, sprang to their feet and rushed out of the private room.
Damn it, their house was about to be robbed, who had the mood to eat here?
Huang Fengwen watched them leave in a panic, a barely perceptible smile playing on his lips.
He hadn't even asked the waiter to order food, only paid for the room.
Saving money and hassle.
Huang Fengwen looked at the empty private room and let out a long sigh of relief.
“Phew…damn it,” he muttered to himself,
“What the hell happened to me? How did I end up flopping around in such a treacherous pool…”
***
The next day, the entire financial world was thrown into turmoil by a bombshell.
[Shocking! Xia Hua Group is suspected of using its subsidiary, Xia Hua Shipping, to transfer profits, creating a multi-billion yuan financial black hole, and attempting to maliciously evade its massive debts through planned bankruptcy!]
“…This is outrageous, and we strongly condemn it!”
The lending banks held an emergency press conference, tearfully denouncing Xia Hua Group's various “despicable acts” in front of the national media.
"Xia Hua Group, for its own selfish interests, has used Xia Hua Shipping as a tool for raising funds, severely damaging shareholder interests, and is attempting to evade its huge debts to various banks through planned bankruptcy!
Their despicable actions and malicious intentions are utterly chilling!"
The reason these people are so proactive, even more so than Fang Huan Investment, is simple—
to desperately distance themselves from the company and exert maximum pressure on Xia Hua Group!
"Have you heard? Xia Hua Group is completely in turmoil."
In Fang Huan Investment's top-level trading department, everyone is watching the news with great interest.
"Of course, if this blows up, Xia Hua Group's senior executives might end up in jail doing sewing machines."
Now, Xia Hua Group only has one choice left:
to swallow its pride, bear the consequences, obediently return the 50 billion yuan, and then declare to the public that "it was all a misunderstanding."
"Five hundred billion... Even for Xia Hua Group, that would be a bloodbath, right?"
Su Hao merely scoffed at the comments.
They dug their own grave; they have to fill it themselves, even if it's painful.
Paying back debts is a matter of course!
"President Su, does that mean we don't have to shoulder a single penny of debt and just got a shipping company for free?"
Someone asked excitedly in the office.
That's right, Xia Hua Shipping's heaviest burden—the massive five hundred billion in debt—had been successfully dumped back on its parent company.
Usually, the most troublesome thing about acquiring a company is its debt.
Fang Huan Investment not only acquired Xia Hua Shipping for only ten billion, but also conveniently threw a five hundred billion debt bomb back at the instigator.
Xia Hua Group, on the other hand, fell perfectly into the trap it had dug itself, reaping the bitter fruits of its own actions.
Fang Huan Investment, meanwhile, emerged as the biggest winner without lifting a finger!
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