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Chapter 216 - 216 216 Anxious Everyone is Anxious
216: Chapter 216: Anxious, Everyone is Anxious 216: Chapter 216: Anxious, Everyone is Anxious The situation seemed to have calmed down, but Bai Heng did not feel good about it at all.
“What did you say, a bunch of people came and just drove those guys away and even made clarifications and cleaned up in the video?”
Bai Heng looked at Liu Ying, his eyes expressing an indescribable weirdness.
No wonder he had felt a twitch in his eyelid earlier; something seemed strange about this.
Wasn’t it supposed to be handled with normal measures?
“Exactly, you have no idea, an order came from above, and a large group of people came down to whitewash for them everywhere.”
“Do you have any specific information, show me the documents,” Bai Heng said with some frustration.
As he went over the documents, Bai Heng’s brow furrowed more and more severely.
“Brother Heng, what do you think we should do?
We can’t employ our usual methods, what other measures could we possibly use?” In his view, these tactics had already been very mild, without any sign of their own direct involvement.
Bai Heng rolled his eyes: “How should I know what to do, then what do you think?”
“Brother Heng, I can’t figure it out.” Liu Ying made a face like an idiot.
“Go sit on the side, I need to think this over,” Bai Heng said, falling into deep contemplation.
It seemed the more he thought about it, the stranger things became.
He had initially thought Zhao Guang had backing too, so they only allowed superficial strife.
There were unwritten rules about this, and in reality, it would be the same if others encountered him.
Yet this time, he had clearly used normal methods, but the officials had stepped in.
When officials intervened, it was definitely not a minor issue; high-ranking officials must be involved, but the specifics were beyond his access.
Everything happening now was completely different from what he had anticipated and even went against the rules.
Just what was going on behind Zhao Guang?
This seemed to be about more than just having connections.
If there wasn’t some special power behind him, this outcome would probably not have come about.
While Bai Heng was pondering, suddenly another message came in.
“This is bad, Da Manjin has announced a commercial suspension for rectification, and now all the stores are closed.”
“What did you say, Da Manjin is going through rectification, how come I don’t know about it?”
For such a major event, shouldn’t they inform him, a shareholder?
Liu Ying’s face looked exceptionally ugly.
The reason she had become a shareholder was to be able to manipulate things internally.
But now, were these people not even following the rules?
Although they held more shares and could indeed circumvent him to issue some orders directly,
But this was a joint-stock company, shouldn’t they be responsible to a shareholder like him?
The more Bai Heng thought about it, the more he felt that things were getting troublesome.
“Brother Heng, the bank has already started pressing us for debt repayment, what should we do?”
Bai Heng also felt at a loss, what could he do; he was in trouble as well.
Soon, the phone rang, and Bai Heng saw it was the bank calling.
“Please be assured, the Bai Family’s credit is still very good, and this amount of money really isn’t much to our family.
Don’t worry, don’t worry, we haven’t gone bankrupt yet, everything will turn out fine.”
After hanging up the phone, Bai Heng sighed: “This is going to be difficult to handle.”
“So what do we do now?”
Bai Heng said helplessly, “What else can I do?
When disaster strikes, every man for himself.
Just consider it paying for a lesson.”
“It’s just a lesson for you, but it’s trouble for me.”
The current generation of the Liu Family wasn’t particularly impressive, and Liu Ying was considered among the better ones, but she was still just mediocre.
This investment failure, although the Qian Family will take care of it, most likely meant that her inheritance rights would be gone.
When she thought about living a life similar to that of an ordinary person in the future, Liu Ying felt as though she was drowning, her entire body cold.
“Don’t look at me, I’m the one who bought the most shares.”
Bai Heng sighed again, yes, he had purchased the largest share.
But the collateral he used for the loan wasn’t just anything; he had mortgaged the reputation of the Bai Family.”
It was common practice for the second generation of these major families to use such methods.
After all, with a family to back them up, many things became incredibly easy to do, and failure was almost impossible.
And even in case of failure, to be honest, the amount of money he borrowed was something both Bai Family and Liu Family could repay for him.
It’s just that this amount of money was not a small sum.
If the Bai Family had to pay it out, it would definitely be damaging.
The Liu Family was in the jewelry business and had more funds at home, but it would also be a significant drain to pay it out.
The most crucial point was, would the Liu Family be willing to do so?
Everyone knew that Da Manjin could obtain a large number of high-quality gemstones, something that couldn’t be achieved merely with money.
Now this channel was controlled by Zhao Guang, a man who played the game not by the business rules but like a capricious child, heedless of consequences.
If someone displeased him, he would fight them to the end.
Such an opponent was beyond his imagination, not to mention actually existing.
“The only thing to do now is to report it up, I’ll call Grandpa.”
After thinking, Bai Heng said to Liu Ying, “You also call your Grandpa, no matter what, you were fighting for the family.
If Da Manjin really goes down, it will benefit Liu’s Jewelry as well.”
“Right, why didn’t I think of that?
I was helping our family take Da Manjin down,” she said excitedly.
Seeing the excited look on Liu Ying’s face, Bai Heng shook his head helplessly, not seeing the essence of the situation.
But never mind, his own troubles weren’t small either.
This hasty action and poor performance might lead to a scolding when he got home.
And once back in his own circle, he might become a laughing stock.
He didn’t hold any grudge against Zhao Guang—after all, it was all about ability, wasn’t it?
The other side had greater skills and a stronger backing; what could he do?
He should first consider the follow-up work.
“Hello, Grandpa, the situation is like this, what do you think we should do?” Bai Heng quickly reported the current situation.
On the other end of the phone, an old man with a white beard and hair but a spirited look didn’t seem to mind it much.
“The matters that follow are not for you to be involved with.
That’s the end of it, just wait.
Don’t worry, Da Manjin won’t go bankrupt.”
Thinking that Grandpa seemed to know some insider details, Bai Heng was relieved, as long as there was no bankruptcy, there would be room to maneuver.
However, the idea that Grandpa knew some inside information but did not share a single hint of it with him made Bai Heng feel aggrieved.
At such a time, it wasn’t like he was dealing with state secrets, was it necessary to be so secretive?
Yet, considering that Grandpa had his own considerations, being in a high position, he couldn’t act on every whim.
“I understand, then I’ll do nothing from now on.”
“It’s not that you should do nothing.
Find an opportunity to reconcile with Zhao Guang.
If you can draw him over to our side, all the better.”
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