I Have 10 Trillion Dollars only Usable For Simping
Chapter 1304: The thief who steals hooks is punished with death.

Chapter 1304: The thief who steals hooks is punished with death.

Hengsheng Real Estate.

Under the light.

The four characters emblazoned on the building remain grand and striking, gleaming brightly.

Just by looking at this scene, it’s hard to imagine that this company is already teetering on the brink.

"If you don’t want to go in, feel free to wander around. I’ll notify you when it’s time to leave."

Boss Jiang was quite considerate, worrying that the Taoist nun sister might find following him too dull.

After all, his visit today was merely to inspect Hengsheng Group; there wouldn’t be any danger.

If it had been in the past, Tanki Liuli wouldn’t have said anything and would have followed him out of the car, but today she was uncharacteristically different. She responded with a simple "Okay," accepting Jiang Chen’s suggestion.

Jiang Chen was a little surprised but didn’t dwell on it, pushing the door open and stepping out of the car.

After he got out, the Taoist nun sister, with ever-improving driving skills, drove off directly.

Watching her car disappear from sight, Jiang Chen retracted his gaze, leading his team of subordinates toward the headquarters of a domestic real estate titan.

"General Jiang, welcome."

Geng Zhida greeted him with a beaming smile, already leading a group of loyal Hengsheng executives waiting at the entrance.

Jiang Chen was long accustomed to such scenes. After all, for some of them, the word had already gotten out, so there was no need to hide anything anymore.

This wasn’t nonchalance.

It was confidence.

If this earth-shattering acquisition were truly treated as a business deal, then practically no one had the capability to steal it away.

The existence of someone as foolhardy as him in this world was already something of an anomaly.

The two sides exchanged a friendly and warm handshake before entering Hengsheng Tower.

Compared to his last visit to Su Da, Jiang Chen’s intentions for this visit to Hengsheng were far more direct.

As for this.

Hengsheng Group internally showed no resistance.

After all, though this nationally and globally renowned real estate enterprise had yet to fully sink, it had already developed massive holes. If no one stepped in to patch them, its collapse was only a matter of time. When that happens, everyone aboard this enormous ship would naturally face grim fates.

In the Great Wall office, Geng Zhida lavished praise on the loyalty of Hengsheng employees—a loyalty Jiang Chen indeed witnessed today.

Indeed.

Contrary to expectations of devastation and despair, Hengsheng Group’s headquarters in the Capital remained bustling with activity. At least, as far as Jiang Chen could see, every workstation was fully occupied.

Of course.

This likely wasn’t the so-called loyalty that Geng Zhida spoke of.

In this age of self-interest, how much can loyalty fetch? Those who could jump ship likely had already done so. Those who remained were probably too tightly bound to Hengsheng—like this group of executives, whose fates were already intertwined with Hengsheng’s fortunes.

"Can employee salaries still be paid on time?"

Boss Jiang, as expected, didn’t consider himself an outsider—his question was too straightforward.

But it was also perfectly reasonable.

This enormous ship was sinking every second, so naturally, time was of the essence.

Geng Zhida looked visibly embarrassed but still responded meticulously, "For employees below the mid-level, the Group has consistently managed to ensure normal salary payments."

The massive base of junior employees was always the foundation—the most critical to stabilize.

It appeared this Second Young Master of the Geng Family hadn’t lost his head in the chaos and still possessed a clear understanding.

"Then wouldn’t all of you essentially be working for free now?"

Jiang Chen swept his gaze over the group of Hengsheng leaders, each avoiding eye contact with awkward smiles.

True enough.

These people—whom he could now see—had long ceased relying on salaries for their livelihoods. Whether they even looked at their pay slips was inconsequential. During Hengsheng’s prime, they had already achieved financial freedom, so a temporary suspension of salaries meant little to them.

"Not only have the management willingly suspended their salaries, but without exception, they’ve also collectively donated to the Group."

Geng Zhida immediately spoke up, seeking to showcase the leadership’s dedication to the new boss—a necessary part of his role.

It seems that not only Hengsheng’s Dance Troupe had such grandeur.

Who says men can’t rival women?

Jiang Chen nodded approvingly, "The crisis is only temporary. As long as you all continue to uphold this belief, united in purpose, any difficulty can surely be surmounted."

Hengsheng’s reform was inevitable.

But it certainly wouldn’t happen now.

The acquisition hadn’t yet been completed; setting fire to things at this juncture would undoubtedly be premature.

No matter how good—or bad—these executives might be, winning over their hearts was crucial for the moment.

"General Jiang, this is the Overseas Operations Department."

With Geng Zhida leading the way, Jiang Chen entered the department he was most eager to inspect at Hengsheng.

Hengsheng Group’s rise to become the world’s leading real estate enterprise was built entirely on domestic operations. It had always focused on local development, without constructing a single brick overseas.

Its Overseas Operations Department wasn’t for real estate construction.

It was for finance.

That’s right.

Finance.

Although Jiang Chen was aware of the grave issues plaguing Hengsheng Group, upon further investigation, he realized he had underestimated the audacity of certain entrepreneurs.

Hengsheng Group carried a trillion-yuan debt, but its registered capital—most people probably couldn’t even imagine.

Thirty billion.

Indeed.

This was the truth.

This globally leading real estate superpower had a registered capital of just thirty billion!

Which is why, despite causing such massive turmoil, the Geng Family wasn’t completely wiped out, and Hengsheng Group hadn’t collapsed. If Hengsheng were to go bankrupt, incarcerating all its leadership so they could engage in manual labor would still only yield thirty billion to fill its holes.

Thirty billion compared to a trillion—it’s clearly a drop in the ocean!

So, under Geng Zhida’s management, as he reported to Jiang Chen, he led Hengsheng Group to sell discounted housing at seventy percent of its value to boost cash flow, reduce daily operating expenses, and shrink the company’s asset portfolio—he worked tirelessly, as if walking on thin ice, striving to delay the sinking of this giant ship. But alas, his father left him with holes far too vast.

Jiang Chen had already reviewed Hengsheng Group’s financial reports for the past two years.

They were terrifying.

In just two years, Hengsheng Group managed to incur a net loss of 523.68 billion yuan, with its accumulated debt ballooning to a staggering 1.44 trillion yuan.

Let’s put this into perspective.

Before Hengsheng Group, the previous annual loss record holder was Shenzhou Enterprise, which caused quite the stir with a deficit of merely 100 billion yuan. But the year before Geng Senior was imprisoned, Hengsheng shattered the record with a jaw-dropping 346.2 billion yuan loss—tripling the prior benchmark!

In truth, these weren’t the reasons Geng Senior ended up in prison.

No matter the scale of the problem, as long as the attitude was correct and there was a willingness to repay debts, everything could be negotiated—as Geng Junior was currently demonstrating.

The factor that landed Geng Senior behind bars was this very "Overseas Operations Department" Jiang Chen now stood before.

As an entrepreneur, Geng Senior’s abilities were certainly undeniable. But lacking accountability, he sought bankruptcy protection in Meilijian, preparing to flee. Worse yet, he attempted to privatize public assets.

By leveraging Hengsheng’s various properties as collateral, Hengsheng secured domestic bank guarantees while recklessly borrowing US dollars abroad. Then, with the borrowed US dollars, Hengsheng’s so-called Overseas Operations Department issued high-interest bonds overseas—for instance, borrowing 100 and repaying 120 upon maturity. Such doubtlessly profitable transactions were naturally sought by many. However, the exclusive buyers were the Geng Family and Hengsheng’s core executives.

Through this intricate operation, money flowed steadily from Hengsheng Group into private pockets. But if this continued year after year, Hengsheng would undoubtedly be hollowed out. Eventually, Meilijian would demand repayment from Hengsheng, but where would the money come from?

Bankruptcy?

Bankruptcy would only yield the thirty billion.

Ultimately, the burden would fall on Hengsheng’s properties—but these houses belonged to thousands upon thousands of owners in Shenzhou and couldn’t possibly be confiscated for compensation. Thus, this bad debt would have to be absorbed by the domestic banking system.

And where does the banking system’s money come from?

Petty thieves get punished.

Big-time crooks get rewarded.

But, unfortunately.

Geng Senior’s gambit fell one move short—he failed to escape.

"This department can be shut down."

Without officially taking office yet, Jiang Chen uncharacteristically issued his first directive.