Chapter 175: Ultimatum: Take Down Dingsheng Real Estate

Chapter 175: Chapter 175: Ultimatum: Take Down Dingsheng Real Estate

"Mr. Lin..."

"This report... where did you get it?"

Su Dingsheng’s hands were trembling as he placed the report on the table.

Huizi, smiling, said from the side, "How we obtained this report is something President Su doesn’t need to concern himself with."

"President Su only needs to know that if someone with ulterior motives decided to make an issue of this..."

"You wouldn’t just lose Dingsheng Real Estate. You yourself could face jail time!"

Hearing Huizi’s words, Su Dingsheng shuddered.

Su Dingsheng had considered this possibility the moment he saw the quality inspection issues in the report.

And now, Huizi had pointed it out so bluntly.

Su Dingsheng was completely dazed.

From the moment Dingsheng Real Estate ran into trouble, Su Dingsheng had been planning to rely on the Joy City project to make a comeback.

But now, he discovered that the Joy City project might be the very thing that sealed his doom.

The project he had pinned such great hopes on turned out to have a fatal flaw.

It was as if all his perseverance over this period had been shattered with a single blow.

And so, Su Dingsheng broke down.

Cold sweat beaded on his skin, and his limbs trembled.

Seeing Su Dingsheng’s state, Lin Feng set his cup aside. "I’ve said all I have to say. Those are my terms."

"They are the only terms I’m willing to accept."

"However, I imagine President Su might need some time to think it over."

Lin Feng smiled and pushed the contract he had signed with Li Cheng—stamped with Dingsheng Real Estate’s official seal—and the quality inspection report across the table to Su Dingsheng.

"I’ll give you one more day to consider, President Su..."

"After one day, I’ll only accept cash for this five hundred eighty million, with no other collateral accepted!"

With that said,

Lin Feng left five hundred yuan on the coffee table as a tip.

He then turned and left with Huizi and the lawyer.

It was a full twenty minutes after they had left before Su Dingsheng slowly recovered from his breakdown.

He stared at the five hundred yuan left as a tip on the table.

Su Dingsheng suddenly remembered that with his assets frozen, he was practically penniless.

If Lin Feng hadn’t left these few hundred yuan,

he probably couldn’t even have paid for the coffee.

Su Dingsheng was suddenly lost. He didn’t know how he had ended up in such a state.

He glanced again at the contract and the quality inspection report in his hands.

Before Su Dingsheng had a chance to think, he mechanically answered his ringing phone.

This time, it was the court.

Just as Lin Feng’s lawyer had said, they were calling to inform Su Dingsheng that he was being sued.

Furthermore, the court also notified him that a spending limit had been placed on him.

The weight of everything piling up at once made Su Dingsheng feel like a walking corpse as he left the coffee shop.

’After half a lifetime of hard work, to think I would end up here.’

Su Dingsheng felt he had dedicated the better part of his life and soul to Dingsheng Real Estate.

He had even been cold to his own daughter.

It was as if Dingsheng Real Estate were his real son.

Yet now, Su Dingsheng was facing a pain akin to losing that son.

Lin Feng’s terms were crystal clear.

Either use Dingsheng Real Estate to settle the debt, or pay back the money owed.

And he only had one day...

...

Before parting ways with Lin Feng,

Huizi hesitated for a moment and asked,

"Mr. Lin, forgive me for being blunt, but Dingsheng Real Estate is a real mess..."

"Even if you take it over, a mess is still a mess. Wouldn’t it be a waste of energy?"

Huizi had performed well in this matter, so Lin Feng decided to offer her some guidance.

"What do you think is Dingsheng Real Estate’s biggest vulnerability?"

Huizi blurted out without hesitation, "Capital. Dingsheng Real Estate has a massive capital shortfall."

Lin Feng smiled faintly. "Which real estate developer doesn’t have a debt ratio of sixty to seventy percent or more?"

"Dingsheng Real Estate’s biggest crisis is that it’s completely unable to secure loans from the banks."

"When you used my assets as collateral before, what was my creditworthiness like?"

Huizi recalled the time she helped Lin Feng arrange loans for his properties and cars.

The bank’s attitude had been extremely accommodating.

This was because all of Lin Feng’s rewards were disbursed by the system through his bank account.

Therefore, as far as the bank was concerned, Lin Feng’s credit rating was exceptionally high.

With this bit of guidance from Lin Feng, it all clicked for Huizi.

As long as Dingsheng Real Estate was in Lin Feng’s hands, then with his personal creditworthiness, the company would certainly have no trouble securing loans.

Besides, the banks had a conflict with Su Dingsheng, not with Lin Feng.

They wouldn’t block Lin Feng’s access to capital.

Seeing the look of sudden realization on Huizi’s face, Lin Feng added,

"Moreover, Dingsheng Real Estate’s Joy City project has caught the attention of the higher-ups. A project like that is very easy to push forward."

"Although there are quality inspection issues, the contract is in place. We’ll just pay whatever compensation is required."

"At worst, the construction schedule will just be delayed."

After hearing Lin Feng’s explanation,

Huizi suddenly realized that cleaning up Dingsheng Real Estate wouldn’t be so difficult if it were in Lin Feng’s hands.

In fact, from Lin Feng’s perspective, the company actually had excellent investment prospects.

"I understand now, Mr. Lin."

"Dingsheng Real Estate only looks chaotic and dilapidated on the surface, but its underlying foundation is still solid."

Seeing that Huizi understood, Lin Feng nodded.

"This afternoon, keep an eye on the news regarding Su Dingsheng."

Hearing this, Huizi’s gaze faltered. "Mr. Lin, you mean..."

Lin Feng nodded. "That’s right. Su Dingsheng absolutely will not wait until tomorrow."

"He will definitely contact you this afternoon. When he does, get the legal team together and complete the procedures as quickly as possible."

"I want you to take over Dingsheng Real Estate with the utmost speed."

With that, Lin Feng got in his car and drove away.

Huizi, however, was only half-convinced.

After all, in her few dealings with Su Dingsheng, she had clearly noticed one thing.

Su Dingsheng was not a decisive man.

’Could he really make a decision that quickly?’

...