City: Starting from Paying Dad’s Debts
37 Nothing ventured, nothing gained

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"This is why I want to buy 100% of the shares!”Lin Feng laughed.

"What do you mean?" Mrs. Lin seemed to have reacted and looked at Lin Feng.

"That's right. I'm going to negotiate with the creditors. If the creditors don't accept my conditions, then I won't cooperate with them to pay off the debt. I'll let them watch as Haoyuan Group is dragged into bankruptcy bit by bit!”Lin Feng said with a vicious look.

"Feng 'er, are you crazy? Aren't you playing with fire? None of the Haoyuan Group's shareholders are easy to deal with. Do you know what they will do to you?”Mother Lin was both angry and worried.

"I know, but if I don't enter the tiger's den, how can I get the tiger cub? If I don't die and survive, how can I have the capital to negotiate with them?”Lin Feng said resolutely.

"But?" Mama Lin was still worried. After all, her husband was already in such a state. If Lin Feng was ruined by the desperate debt collectors, she would really have no way to live.

"Don't worry, Mom. I'll know what to do. I won't force the creditors into a corner. Besides, the creditors don't want me to die. Once I die, I'll be the only shareholder of Haoyuan Group, and no one will pay off the debt!”Lin Feng comforted.

"Feng 'er, actually, I don't want you to be rich. I just want you to live peacefully. If something happens to you, there's no point in living no matter how much money I have!”Mama Lin looked at the determined Lin Feng and stroked his hair, her eyes moist.

"Haha, don't worry, Mom. I have another plan. I promise you that I will live safely!”Lin Feng laughed.

……。

After leaving the ward, Lin Feng got into his black Lincoln Limousine and drove home.

The reason why he came to the hospital today and told his mother all this was mainly to let her know beforehand so that she could be mentally prepared.

Otherwise, once Lin Feng held a board meeting and his mother suddenly received the news, who knew if Mother Lin's heart would be severely stimulated and something bad would happen?

After all, Lin Feng's father was hospitalized because of a heart attack.

Lin Feng would regret it if his mother was sent to the hospital.

……。

Days passed by, and Lin Feng was still working hard as usual.

The reason why Lin Feng didn't take action was that he was waiting for the right time.

An excellent hunter would only take action at the best time. Lin Feng was the same. He planned to choose the best time to lay his cards on the table with the creditors. This way, not only could he avoid the most intense conflict, but he could also convince the creditors faster.

Lin Feng chose this opportunity after he had completed three projects and passed the inspection period of the creditors.

He would let the creditors see a large sum of money, hope, and prove that he was a very good manager who had the ability to run Haoyuan Group well. In this way, the creditors would feel much better and accept it more easily.

Otherwise, wouldn't you be using 100% of the shares to threaten them? You didn't even do your job well and didn't pay off much of your debt. Now, you're using this to threaten them. What do you think the Creditors will think? They'll be angry and go to the extreme!

Lin Feng wanted to live, not die.

Therefore, Lin Feng hadn't taken any action during this period of time. Instead, he focused on his work.

In the meeting room of Haoyuan Group.

"At present, the two commercial residential projects in the Huakouhe District of City A have been fully repaid, totaling 9.12 billion yuan. Among them, 21% of the loans are in installments. The loan grade is excellent, so we can directly transfer it to the bank as cash. Then, we invested a total of 8.52 billion yuan in these two projects, and the net profit reached 600 million yuan.”

"If it weren't for the special circumstances of Haoyuan Group, which forced them to reduce the selling price significantly in a hurry to collect the money, I think the final profit margin of these two projects would have reached at least 17%!”

"So, these two commercial housing projects were a huge success!”

The person in charge of the Planning Department, a man in his thirties who wore gold-rimmed glasses and had slightly angular hair, said forcefully at the conference table. He was wearing a silver suit.

After listening to his speech, all the department heads nodded in agreement. Indeed, this project was considered very successful. Even if the price was reduced by 1500 per square meter, the profit margin would still reach 6.5%.

If Haoyuan Group wasn't in a crisis and was in a hurry to collect the money, then if these two projects were sold according to normal circumstances, the final profit would definitely reach more than 17%.

Lin Feng, who was recording the data with a pen, nodded in agreement.

"Director Wang is right. This project is indeed a pity, but there's no other way. Our Haoyuan Group is currently facing such a situation. We have to have the responsibility and obligation to recover the funds as soon as possible to pay off our debts!”

"Alright, next!"

Lin Feng said firmly.

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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