204: Dumplings

The stock of Dongwang Group was greatly affected by the tax evasion. Chairman Sun, who had retired to behind the scenes, had to stand up to preside over the overall situation. However, his appearance failed to save the falling stocks, and even the company's real estate and hotels were affected.

Chairman Sun was preparing to convene an emergency shareholder meeting. The tax evasion must be compensated, but the company could now get very little liquidity. If it was before, it could be forced out. However, last August, Sun Jian bid on a seventy or eighty million yuan worth piece of land, and two or three million capital had been invested for this purpose. Now that the project was half completed, a suspension at this time was not a matter of losing two or three hundred million yuan; the company might even go bankrupt. However, if it was not suspended, the company must continue to add funds in, which would also make the situation worse.

Some shareholders who did not see a good trend, thought that the Dongwang Group was unlikely to survive the crisis, so they sold off their shares.

Chairman Sun and Sun Jian didn't even realize this until the shareholder meeting was held and the number of shareholders who could fill the meeting room in the past dwindled by nearly a third. It was only after asking that they learned they had sold their shares. Chairman Sun almost fainted from anger in the conference room.

"Dad, how are you?" Chairman Sun opened his eyes and saw his son's face dangling in front of him. He clenched his hands, almost hitting him away. He angrily said: "What else? I’m just mad at you. You’ve stabbed this hornets’ nest yourself. Ask yourself, how can you solve this now?" He thought he didn’t need to worry about his son anymore, but in the end, such a big thing happened, which the company's life and death depended on.

Sun Jian made a face..

"If there really is no way, you can find time to go to the Song family to see if you can borrow one or two hundred million yuan from them." That being said, Chairman Sun knew that one or two hundred million was not enough for them to cope with the crisis at hand. However, the Song family was not very wealthy, so they were probably completely unable to take out four or five billion.

"The Song family?" Sun Jian's expression grew even colder. "Dad, with what happened to the Dongwang Group, do you think the Song family will still marry us? I’ve already asked to borrow, but the Song family has found excuses to refuse. They even said that they would reconsider the marriage with our family; let alone 200 million, they may not be willing to let us borrow two thousand yuan."

Chairman Sun almost couldn’t catch his breath. This phenomenon was not uncommon in business marriages. In such commercial marriages, the children had no emotional foundation in their relationship. Once something happened, it was more convenient to sit back and watch. Maybe they should also be grateful that the Song family did not let them down. Really, how the feng shui was turning!

[T/N: Feng shui turning = phrase came from how a specific place can have good luck in 20 years and bad luck the next 20 years, depending on how the gods shift and change their positions. Now it’s used to mean that a person’s life will have good fortune and bad fortune in turn (For those of you who know better, sorry)]

"It seems that for the time being, the only solution is for the shares of the Dongwang Group to be sold or some fixed assets can be sold." Chairman Sun did not want to resort to selling the company's shares or fixed assets. The Dongwang Group was the Sun family’s. The shares of the group held by the Sun family was 61%, Chairman Sun himself held 40%, Sun Jian had 14%. The rest was owned by others in the Sun family, so they had complete control over the Dongwang Group’s shares.

"Shares cannot be moved for the time being," Sun Jian said calmly. "Right now, we don't know who the shareholders sold the shares to, and we will sell some of them. If someone takes the opportunity to buy it, it is not good for us."

"You make sense. Wait for someone to check who is buying the shares of Dongwang Group. You can only sell fixed assets if you don't sell the shares. By the way, have you asked the bank?" Chairman Sun still asked with a little hope.

Sun Jian shook his head with an ugly face. Dongwang Group might go bankrupt at any time now. The amount they wanted to borrow could not be solved by two or three hundred million. The bank was worried that they would not be able to repay it, so they had not agreed. He returned the originally owed money as soon as possible, which undoubtedly worsened the severity they now faced.

After a discussion, the father and son finally decided to sell some fixed assets.

Real estate could hardly be moved. The completed house in Jiucheng had been sold. Too many financial resources had been invested in half the construction. At this time, it would cost a lot of money to sell. The two people put their last hopes on the hotel.

There were a lot of hotels under the name of the Dongwang Group. In addition to this city, there were also some in the surrounding cities. There are already three five-star hotels and several four-stars. The others were all below three stars, and even if they were sold, it was not enough. The five- or four-star hotels could be sold, but these hotels were the main source of revenue for the Dongwang Group in the hotel industry. Selling them would be a big loss for the Dongwang Group.

At this point, the father and son were slow to make a decision. Some shareholders learned that they were going to sell the hotel and even raised objections, which was quite ironic to Sun Jian.

The company was now facing a crisis. If they didn’t help find a solution and still wanted to hold everything, when the company closed, they wouldn't get a dime.

The secretary tremblingly sent the investigated materials to Sun Jian's office. "President, all the materials you asked me to investigate are here.”

Just as Sun Jian lost his temper, his internal phone number was called. The bank just called again to urge him. The bastards who crossed the river took so much money from him in the past, but now didn’t bother to help, folding up the bridge after themselves. He would solve the immediate crisis first, then, sooner or later, he would clean them up.

When the secretary saw the president begin to look at the information, she directly picked up the things on the ground. She now had to do this three or four times a day. When she was halfway done, Sun Jian spoke.

"All the information is here? Did you miss anything?"

The secretary said, "Everything from before ten in the morning is here."

Sun Jian's furrowed brow finally loosened a bit. This information was about the acquisition of the shares of Dongwang Group in the previous two days. The names showed that there was no mass concentration in the same person's hands. His hanging heart was slightly relieved, but the good mood was quick to be destroyed again. After Tao Jing came over that day, he found someone to investigate Wang Cheng and Chu Yifeng, and the news finally came.

As long as they were engaged in real estate, who would not have heard of the name Huaying Real Estate? In the real estate industry in Shanhai City, it was a very fast rising star. It was said that this company had a strong backing and strong financial resources. The former Changde Real Estate’s bankruptcy was caused by Huaying Real Estate. Changde was a veteran real estate broker in Shanhai City, even more domineering than Dongwang Real Estate. People said this, which proved that Huaying Real Estate was not simple.

Sun Jian increasingly felt that the person behind the Dongwang Group was likely to be Huaying Real Estate, but he couldn't figure it out. Just because of that kind of thing, Huaying Real Estate engaged in such a big retaliation against him?

There were only three days left until the Spring Festival,

Wang Cheng stayed in Shanhai City for two days before preparing to return to the Guan’s Village. Chu Yifeng followed him cheekily.

The radio on the car was broadcasting the news. When it came to the Dongwang Group, some experts analyzed that the current situation of the Dongwang Group was that they would not yet be able to pay the huge tax, unless the fixed assets under their name were sold, most likely the four or five star hotels under them.

"Such a good opportunity, Jinding Hotel should take good care of it." Wang Cheng smiled, touching his chin.

"Do you want to work alone or cooperate with them?" Chu Yifeng asked.

Wang Cheng pondered for a moment. "I think Zhang Wu and them are good."

His implication was that he intended to cooperate with them. This was indeed a good choice. Wang Cheng knew nothing about hotel management. Even if he really swallowed the Dongwang Group's hotels, there was no trustworthy talent to help with management. In the end, there was likely to be problems. Moreover, Wang Cheng had contact with Zhang Wu, and Zhang Wu had left quite an impression on him. He felt that he was a credible and reliable person, and Wang Cheng owed him a favor, anyway.

After arriving home, only Mama Wang was at home. When she saw Chu Yifeng, Mama Wang was not as uncomfortable as before. She was still stained with white rice noodles, so she let Wang Cheng host the guest and went into the kitchen again.

Wang Cheng glanced into the kitchen and found out that Mama Wang was making dumplings. Not boiled dumplings, but the ones that were fried until golden and crispy when bitten. They were also relatively large. Their family made a few pounds of dumplings each year for the New Year, but this year, Wang Ziyu went to help at the jam shop, so there was only Mama Wang.

"Mom, let me help you." Wang Cheng rolled up his sleeves.

"No, you can go out to accompany the guest, your mom will do it alone." Mama Wang didn't let him touch her hands.

A person not only had to spread the dumpling skins themself, but also wrap the dumpling skins into dumplings in a timely manner. He didn’t know how many hours it would take for her to finish. Since he had come, it was impossible for Wang Cheng to watch Mama Wang work hard while he and Chu Yifeng chatted in the living room.

Mama Wang couldn't beat him in the end. The two took the kneaded dough and fillings to the living room. They put the rolling pins on the table after cleaning it. Wang Cheng spread the skins, while Mama Wang formed the dumplings. However, because the skins had to be rolled thinner, he couldn't match the speed at which Mama Wang made the dumplings.

"What are you doing?" Chu Yifeng came over.

"Pinching the dumplings, are you interested in trying it?" Wang Cheng saw his eyes light up. Before he could answer, he said. "You go to the kitchen to wash your hands first. There is a shorter rolling pin on the stove, wash it on your way.”

Mama Wang was too late to stop him; Chu Yifeng had already gone to the kitchen. She could only stare at Wang Cheng. Mr. Chu was a guest anyway. Even if they were dating, how could he ask for help?

Wang Cheng grinned at her. There was a ready-made laborer, who wouldn’t take what they needed? Besides, he had already agreed with him, so it was okay to let him help. If it weren’t for her dirty hands, Mama Wang would have knocked on his head.

***

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