Let's redistribute the shares according to the funds.
You can be the chairman of the board, and I will be the general manager.
This way I can focus on running and developing the company.
I don't have to worry about funds anymore.
As for the security company, I don’t know how to start.
You need to find a way to deal with this matter."
Zhang Xudong heard this and said to Lin Nandu helplessly:
"Uncle, if you're short of money, can't you borrow some from my aunt?
Even her own money is enough for you to use, not to mention there is a bank behind her.
We can afford the interest, so why bother distributing equity?"
Lin Nandu waved his hand and said, "Your aunt invested all the money in the bank.
In June, a bank run occurred in Hong Kong's banking industry.
During that crisis, two local banks in Hong Kong were run on and went bankrupt.
Our bank is lucky that your aunt has the 20 million US dollars.
Otherwise, not to mention the bank, even our Lin Group will go bankrupt.
So, although there is still some money in the bank, it is used as a reserve fund and is not used recklessly."
Zhang Xudong understood a little after hearing what Lin Nandu said.
The reason why he had never heard of his uncle's family among the wealthy people in Hong Kong in his previous life was that
I'm afraid it went bankrupt during this bank run.
Zhang Xudong didn't want to dilute the Lin family's shares in the company, so he said:
"Then I'll just lend the company some money privately, and there's no need to change the shares."
Lin Nandu looked at Zhang Xudong, shook his head and said:
“Actually, the main reason I came to San Francisco this time was for this matter.
Through this bank run crisis, your aunt realized that the size of our Lin Group is still too small.
There are now many large multinational banks in Hong Kong.
They are like crocodiles with their mouths open, waiting to devour us local banks.
So if we at Lin want to survive, we have to make some changes.
We must find ways to increase our size so that we can continue to survive in Hong Kong.
So, we discussed this matter with your uncle.
Your uncle's proposal is to completely merge and reorganize all of our Lin family's businesses with Dongpeng Company."
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