Becoming a Billionaire From Awakening a System
Chapter 173: A Company on the Brink of Bankruptcy, What Good Are Its Shares to Me?
Chapter 173: Chapter 173: A Company on the Brink of Bankruptcy, What Good Are Its Shares to Me?
First, there was the workers’ protest a while back.
Then, today, the bank executed the court order with such speed.
Secretary Chen had previously discovered that Chairman Zhang was among the forces pulling the strings.
If things were really as Liu Yan claimed,
how could this situation have possibly occurred?
President Su wasn’t a fool.
The moment he saw Liu Yan’s evasive gaze, he understood.
He snatched the pen holder from his desk and hurled it at Liu Yan.
"You useless woman! You’re more of a hindrance than a help!"
"If Dingsheng Real Estate goes under, it’ll be your fault for dragging us down!"
Racked with guilt, Liu Yan didn’t resist in the slightest.
The couple had now fallen into despair together.
When President Su took out his phone to call his daughter,
he discovered that Su Ruoxi had changed her number long ago.
He hadn’t even known when his own daughter changed her phone number.
...
「Meanwhile.」
Lin Feng was driving.
He was on his way to the real estate center to check on the apartment the system had gifted him.
Just then, he received a call from an unknown number.
"Excuse me, is this Mr. Lin?"
"This is Su Dingsheng from Dingsheng Real Estate."
A somewhat hoarse voice came from the other end of the line.
Lin Feng narrowed his eyes slightly. He quickly realized this was none other than Su Ruoxi’s father, President Su.
’Looks like the court’s measures were executed quite well.’
’Su Dingsheng is already contacting me on his own initiative.’
"Ah, so it’s President Su!"
"Have you already raised the 480 million for the breach of contract penalty, President Su?"
"If you have the money ready, you can just speak with Ms. Huizi from my company."
Lin Feng said in a cold tone.
Su Dingsheng was silent on the other end for a long moment before sighing and saying, "Mr. Lin, are you free today?"
"I’d like to talk with you now."
Lin Feng pulled his car over to the side of the road, thought for a moment, and said, "Since President Su wants to meet and talk, I suppose there are some things we should discuss in person."
"The coffee shop at seventy-two Chunxi Road. I’ll meet you there, President Su."
Lin Feng set a location.
On his end, Su Dingsheng naturally had no objections.
After all, with his assets currently frozen, Su Dingsheng had plenty of time, twenty-four hours a day.
After ending the call with Su Dingsheng, Lin Feng immediately called Huizi.
Huizi was at the office.
"Grab the contract we have with Dingsheng Real Estate and bring a lawyer from the company’s legal department."
"We’re going to have a meeting with President Su."
Huizi reacted instantly.
’Su Dingsheng must have contacted Lin Feng. This means Dingsheng Real Estate really can’t hold on any longer.’
"Understood, Mr. Lin!"
"I’ll bring someone and head over right away."
Huizi was even faster than Lin Feng.
Firstly, the chosen location was relatively close to the company.
Secondly, Lin Feng was driving at a leisurely pace.
He wasn’t in a hurry at all.
Su Dingsheng was arguably the first to arrive at the coffee shop.
Now penniless, Su Dingsheng hesitated for a moment before entering.
But the thought of Dingsheng Real Estate’s dire situation spurred him to go inside.
He found a private room and quietly awaited Lin Feng’s arrival.
Huizi had met Su Dingsheng before.
So she spotted the dejected-looking man right away.
"Hello, President Su."
"I’m Lin Feng’s assistant, Huizi."
After a brief introduction, Huizi sat down across from Su Dingsheng.
"Why are you here? Isn’t your President Lin coming?"
"There are some things I can only discuss with President Lin... I’m afraid you don’t have the authority to make decisions..."
Su Dingsheng said, looking at Huizi with some anxiety.
Huizi shook her head and said, "Don’t be anxious, President Su. I’m just here ahead of time as Mr. Lin’s secretary. Mr. Lin will be here shortly."
Only then did Su Dingsheng realize that he, too, used to bring Secretary Chen along when he discussed collaborations.
’It’s only been a few days, yet I’ve already gotten used to life without a secretary’s help.’
Huizi and the lawyer found a place to sit in the private room.
Su Dingsheng had already downed two cups of coffee by the time Lin Feng casually strolled in.
"President Su, I didn’t expect we’d meet again so soon. A pleasure."
Seeing Su Dingsheng in his wrinkled suit, Lin Feng could guess at his current state of decline.
The smile on his lips never faded.
Su Dingsheng was in no position to show any temper now.
He came forward, a smile plastered on his face.
"Mr. Lin, you’re here. A pleasure, a pleasure indeed."
Lin Feng turned and sat down next to Huizi.
"I wonder what it is President Su was so eager to discuss with me?"
Lin Feng couldn’t be bothered to waste time with Su Dingsheng.
He got straight to the point.
Su Dingsheng had originally wanted to exchange a few pleasantries, but faced with Lin Feng’s directness, he was at a loss.
He had no choice but to state his purpose honestly:
"Mr. Lin, I came to see you today to talk about the lawsuit you filed."
Lin Feng nodded in understanding.
’It’s not as if Dingsheng Real Estate is in any position to discuss paying the penalty, anyway.’
"I’m the victim in this matter. I wonder how President Su plans to negotiate with me."
"Frankly, President Su, I haven’t heard a peep from you for days. I was starting to think Dingsheng Real Estate was planning to default on its debt."
Lin Feng watched Su Dingsheng with a faint, mocking smile.
Even someone as thick-skinned as Su Dingsheng looked embarrassed by the sting in Lin Feng’s words.
"Dingsheng Real Estate is indeed in a rather poor situation right now. To be honest, Mr. Lin, we simply can’t come up with the money for your penalty."
"I was wondering, Mr. Lin, if you would be willing to accept a private settlement."
Su Dingsheng’s main purpose for coming this time was to get Lin Feng to withdraw the lawsuit.
If he could do that, Su Dingsheng could still rob Peter to pay Paul and keep the Joy City project moving forward.
At the very least, he could leave himself a little something for his old age.
However, Lin Feng shot Su Dingsheng a derisive look. "And what kind of offer can you possibly make for a private settlement right now, President Su?"
Su Dingsheng had come prepared this time, so he didn’t panic at Lin Feng’s question.
"Mr. Lin, I am prepared to offer you twenty percent of Dingsheng Real Estate’s shares... to cover your previous one-hundred-million-yuan investment in the Joy City project. What do you think?"
In Su Dingsheng’s eyes, this was a very sincere offer.
Although Dingsheng Real Estate was currently mired in a crisis with a broken capital chain,
once the Joy City project succeeded, the capital chain could be partially restored.
Moreover, as a real estate company that had been in business for so many years,
Dingsheng Real Estate was itself a multi-billion-yuan enterprise.
Giving twenty percent of the shares to Lin Feng seemed like an excellent solution to Su Dingsheng.
However, a cold sneer appeared on Lin Feng’s face. "President Su, surely you don’t think that the Dingsheng Real Estate of today is the same as the Dingsheng Real Estate of the past, do you?"
"What use do I have for shares in a company on the verge of bankruptcy?"
"Besides, President Su, you’ve miscalculated. You don’t owe me 100 million. You owe me 580 million."
"The 100 million was the investment. The 480 million is the breach of contract penalty."
"It’s all written right here in black and white."
At this, Lin Feng glanced at Huizi, who immediately understood.
She promptly took out the contract and gave a meaningful look to the lawyer beside her.
The lawyer immediately began to explain, at length, the contractual liabilities for the breach to Su Dingsheng from a legal standpoint.
Su Dingsheng’s expression grew uglier and uglier.
Then, seeing Lin Feng beside them, calmly savoring his coffee, Su Dingsheng gradually deflated like a punctured balloon. He was utterly despondent.
He had completely surrendered to reality.
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