Chen Jianjun was definitely not a feeble cat to have led the Chen Enterprise to its current scale. He was merely sentimental about old times and didn't want to move against the company's veterans. In his view, as long as they didn't go too far, he could tolerate it, turning a blind eye now and then. After all, they had contributed to the company's development—if not through achievements, then through sheer hard work.
However, Chen Jianjun's tolerance only made these individuals more brazen. They escalated from embezzling company finances to cooking the books. Factories that were clearly profitable were made to look unprofitable or even operate at a loss, with all the money lining their own pockets.
What kind of person was Chen Jianjun? He could easily see through such petty tricks. Moreover, Chen Ting had a mysterious force at her disposal; investigating someone for misconduct was a matter of minutes. Otherwise, how could Chen Ting have investigated Yi Anguo's every move so thoroughly? Whom he met each day, with whom he dined, where he slept at night—if Chen Ting wanted to know, she could find out with crystal clarity.
Information is the most critical asset in the business world; whoever controls the information holds the initiative.
When Yi Anguo acquired a thousand units in the second phase of Blue Coast using a classic get-something-for-nothing scheme, spending not a single cent and pocketing over thirty million in profit, he caught Chen Ting's attention. To get closer to him, Chen Ting rented an apartment in the second phase of Blue Coast, deliberately pretended to be poor, claimed she couldn't pay the rent, and even borrowed money from Yi Anguo for food.
The more time she spent with him, the better she understood him, and the deeper Chen Ting found herself falling, unable to extricate herself. Here was a man who had been abandoned by a woman for being too poor, who had come to Shenzhen with his daughter and risen rapidly in a way no one could have predicted, or even dared to imagine.
Especially after getting his hands on over thirty million, Yi Anguo didn't just rest on his laurels. He invested it in the stock market and earned a handsome return from a single stock, displaying an astonishing talent for market investment. He then acquired 600 residential units in the third phase of Blue Coast, followed by 1,500 units in the fourth phase, and 2,000 units in the Qianhai Fashion Garden. Later, he even ventured into international crude oil futures trading, where his performance was even more stunning, earning the Chen Enterprise a fortune in the process.
This solidified Chen Ting's conviction. Yi Anguo was the man for her, the man who would one day take charge of the entire Chen Enterprise.
Chen Jianjun also grew to accept Yi Anguo as his future son-in-law, but he felt it wasn't enough. Yi Anguo still needed to be tested. The test was to conduct a complete overhaul of the company, root out all the parasites, and expel them. This led to Chen Jianjun's pretext of traveling the world with his wife, while Chen Ting used her pregnancy as an excuse to force Yi Anguo to take over the Chen Enterprise.
However, they weren't entirely sure if Yi Anguo would act as they had planned. Chen Jianjun certainly had a backup plan, and Chen Ting held substantial evidence herself. It wasn't just that Chen Jianjun wanted to test Yi Anguo's potential; Chen Ting was also curious to see how he would navigate this predicament.
Of course, Yi Anguo had no idea that while he was diligently helping the Chen Enterprise, the father and daughter duo were scheming against him to squeeze out his full potential.
Yi Anguo transferred Zhou Mengdie to be his deputy secretary and sent Tao Yan with a team to the Lingyun Electronics Factory to personally investigate the supposed joint venture with the German company.
Chen Qingfeng was Chen Jianjun's younger paternal cousin, which made him Chen Ting's uncle. They weren't first cousins, but they were still within the five degrees of kinship. He had started out with Chen Jianjun, who had treated him well. Later, Chen Jianjun had entrusted him with the management of Lingyun Electronics, a factory with over 3,000 employees, and even gave him a twenty percent share of the profits.
At Lingyun Electronics, Chen Qingfeng was the local emperor; his word was law. At first, he was diligent and stuck to his duties, not daring to overreach. He was well aware of and had personally witnessed Chen Jianjun's ruthlessness. But as time went on, after repeatedly testing the waters, Chen Qingfeng grew bolder and more dissatisfied with his situation. He began to treat Lingyun Electronics as his personal property, not only pocketing all the profits but also inventing various reasons to request more funds from the head office.
This time, he made an outrageous demand for fifty million yuan to purchase land for factory expansion and to form a joint venture with a German company. In reality, it was all nonsense, a completely fabricated story concocted as a pretext to get money. Once the land was bought and the factory expanded, he could lease the buildings out and collect rent, which would go directly into his personal pockets. As it was, more than half of Lingyun Electronics' factory workshops and dormitories were already being leased out, but not a single cent of the rent had ever been turned over to the parent company. It all went straight into Chen Qingfeng's pockets.
While other factories and subsidiary companies were far more restrained than Lingyun Electronics, at least putting on a show to deceive the head office's inspectors, their problems were just as severe. The management below was rotten to the core. A thorough cleanup would inevitably land many people in prison and require a massive overhaul of the management team.
Yi Anguo felt that this decentralized management style was merely treating the symptoms, not the root cause. To truly solve the problem, centralized and unified management was necessary. This meant all financial authority had to be consolidated at the head office, with all expenditures subject to layered approval.
Another part of his solution was to establish industrial parks, concentrating the subsidiary factories and enterprises in one place for easier supervision and management. Purchasing authority also needed to be brought under unified approval and oversight to integrate the upstream and downstream supply chains. For example, the group could invest in a plastics factory and a packaging materials factory to supply all its subsidiaries, which would not only save costs but also generate additional income.
Furthermore, all company resources had to be rationally planned and utilized. "For example," Yi Anguo thought, "if one factory needs a raw material that another factory in our group can produce, isn't it absurd to purchase it from an outside company? There are also materials that can be efficiently recycled. Not recycling them just increases costs."
Yi Anguo visited several subsidiary factories in Shenzhen and discovered an innumerable number of problems. In his previous life, he had worked in the factory of a publicly listed company, starting as a frontline production worker and rising through the ranks to team leader, supervisor, and department manager. He had experience in production, warehouse, and materials management, so he knew a great deal about running a factory.
Without a complete and thorough overhaul, not even a god could manage this company properly.
Yi Anguo went directly to Chen Ting and laid his cards on the table.
"Hand over the intelligence you've gathered and the evidence of embezzlement. Also, if there's anyone you want to protect, tell me now. Advise them to step down immediately and relinquish their authority. Otherwise, once I make my move, there will be no exceptions."
"You can move against whomever you wish. There's no one I need to protect," Chen Ting said with a chuckle. "As for the intelligence and evidence, can't you find it yourself? If I had all that, I would have acted long ago. Why would I wait for you?"
"As long as I have your word, that's enough. I'm just making sure I've asked," Yi Anguo said with a cold smile. "Additionally, I've decided to buy a plot of land in Dongguan, roughly six to seven thousand mu, to build a Chen Industrial Park. Once it's complete, all factories under the Chen Enterprise will be relocated there for unified management."
"What? That's a huge investment! Where would our company get that kind of money?" Chen Ting was startled by Yi Anguo's bold move. A park that large would require an investment in the tens of billions! The Chen Enterprise was wealthy, but not wealthy enough to fund such a massive project.
"Land is cheap in Dongguan, only a few tens of thousands of yuan per mu. Six to seven thousand mu of land would only cost a few hundred million yuan," Yi Anguo explained.
"The land might be cheap, but what about construction? The factories, dormitories, and infrastructure all require a massive amount of capital," Chen Ting countered.
Yi Anguo nodded. "We can build in phases. As one section is completed, we move a batch of factories over to start production. Many of our subsidiaries can sell their current factory buildings, or we can develop the land into our own real estate projects. Wouldn't that solve the funding issue?"
"These factories might have been built in remote areas, but those places have developed since then. Some factories are now in the middle of bustling urban areas. Even if we don't move now, the government will eventually force us to relocate. Instead of waiting for that, we should proactively move the factories, develop the original land into commercial residential complexes, and make another hefty profit."
"Develop real estate? But those properties are all in the outer districts, where housing prices aren't very high," Chen Ting said.
"Prices there have already risen to five or six thousand yuan per square meter. By the time we finish construction, they're bound to rise much more. It's definitely a worthwhile investment," Yi Anguo explained.
"Alright then! Since the entire company is in your hands, do as you see fit. If you manage to bankrupt it, you'll just have to be responsible for supporting us," Chen Ting said, washing her hands of the matter.
After his talk with Chen Ting, Yi Anguo began preparations to make his big move. First, he sent a task force to take charge of the Lingyun Electronics Factory, seizing all the account books for a thorough audit. At the same time, they began interviewing employees one by one, gathering evidence. He offered a deal: if they came forward, confessed their wrongdoing, and returned the embezzled funds, the company would not press charges. If they refused to cooperate, however, the company would show no mercy. Once evidence was secured, they would be reported to the police and sent to prison.
Yi Anguo had Chen Qingfeng placed under close surveillance. Initially, Chen Qingfeng never imagined that the new company Vice President's first target would be him.
"Hey! You, Yi! I'm Chen Ting's uncle. I know you're her man, so by that logic, you should be calling me 'Uncle' too. Who gave you the gall to treat me this way?" Chen Qingfeng said furiously, pointing a finger at Yi Anguo.
"Even Chen Ting and the Chairman are very polite to me. How dare you, an outsider, be so insolent? When I see the Chairman, I'll be demanding an explanation from him."
"No need to wait. You can call the Chairman right now," Yi Anguo said bluntly. "If he tells me to back off, I promise I'll leave immediately without another word. We have clear evidence of all your embezzlement. Are you going to confess honestly here, or would you prefer to explain things to the police from inside a cell?"
"Embezzlement? I don't know what you're talking about," Chen Qingfeng shouted. "I'm a director of Lingyun Company, the largest shareholder besides the Chairman. It's my own company's money. I can spend it however I want. How is that embezzlement?"
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