In mid-January, the market supervision department contacted Longteng Company directly, saying that someone had reported their company for engaging in illegal and irregular business activities.
The regulatory authorities came to visit in person. This matter was originally handled by the public relations department and the general affairs department, but since Chen Dong happened to be at the company, he personally met with the people sent by the market supervision department.
After hearing their reason for coming to the company to investigate, Chen Dong smiled and walked into the general affairs office.
"My fellow regulators, Longteng's business activities in China are completely normal and we have no illegal or irregular projects."
"What evidence have you obtained? Or what credentials have you found that warrant an investigation into our company?"
Yuan Ming and Zhou Sucai from the Supervision Department originally intended to forcibly take away the Longteng warehouse and related accounts from the General Affairs Department, relying on their credentials.
But when they saw that the boss of Longteng came down in person, they started to get a little timid.
"Mr. Chen, someone has filed a formal complaint against your Longteng company for allegedly hoarding and disrupting the market by purchasing large quantities of goods in China."
“We’re here just to inspect your warehouse and Longteng’s procurement records for the past month to see if there are any illegal activities in your business operations, taxes, or investments.”
Upon hearing this, Chen Dong understood.
Indeed, a considerable number of small businesses and sole proprietorships use company accounts to evade taxes under the guise of purchasing, production, and operations.
However, such clever tricks are extremely risky for large enterprises and groups, and the methods used are also not sophisticated.
Chen Dong chuckled softly, "In other words, you have no evidence whatsoever; you just received a tip-off and started investigating us."
Yuan Ming chuckled twice and quickly said, "Boss Chen, we're not trying to make things difficult for you; it's all for business."
After he finished speaking, he looked around and saw that almost all the directors of the regulatory department had come out, with their badges hanging around their necks and their expressions arrogant and domineering.
Chen Dong didn't want to offend the government officials, and in order to avoid being harassed by the market supervision department in the future, he had no choice but to tell the people in the general affairs department: "Give us our warehouse inventory for the past two months, as well as the relevant accounts, to the two big brothers in the supervision department."
After saying that, he tilted his head and said to them, "You are all doing this for work, so I won't make things difficult for you. But I want to warn you, Longteng is not someone to be trifled with!"
"If we receive another tip-off in the future, accusing Longteng of engaging in illegal business activities but without providing any evidence, and they just want to frame us, Longteng may not be as cooperative as we are this time."
He turned his back to them and said, "This is a one-time exception, and there will be no next time."
After saying that, he left gracefully.
"The people from the regulatory department have come to make a scene!" After hearing the general affairs department describe the whole incident, Afang immediately rushed to Chen Dong's office.
"Boss, the regulatory department is here."
Chen Dong had just had a huge fight and his blood pressure was high. "I just came back from the General Affairs Department."
"I don't know which bastard reported us."
"You've met with the regulatory department?" Afang gritted her teeth and advised, "Boss, haven't we been too high-profile with our procurement lately?"
Chen Dong widened his eyes and retorted, "You know the procurement data, don't you?"
"We bought over ten tons of grain alone, which filled dozens of warehouses. In addition, there are over ten thousand tents. Since tents take up a lot of space, we naturally need to prepare even more warehouses."
"With all the other miscellaneous equipment, drinking water, and other supplies purchased on such a large scale, it's hard to hide them. Even if we wanted to keep a low profile, we couldn't," Chen Dong sighed.
He couldn't explain to others the massive flood that would occur in six months, nor could he tell the regulatory authorities that it was for disaster relief.
Afang still has the mentality of a small-town citizen, and is particularly afraid of officials doing anything detrimental to Longteng.
"Boss, I think we've almost finished purchasing the supplies. How about we stop purchasing for now?" Afang cautiously probed.
"No!" Chen Dong refused outright, "It's far from enough."
Thinking back to the 1998 floods, which affected such a vast area, the supplies they have procured are just a drop in the ocean.
“But…” Afang hesitated and said, “Right now, we’ve already rented 12,000 warehouses.”
"These warehouses are all concentrated along the middle and lower reaches of the Yangtze River, where rents are expensive."
“According to you, the flood will break out in six months, and the warehouse rent will be a considerable expense in those six months.”
These words reminded Chen Dong that if the supplies they purchased were left to pile up in the warehouse without additional manpower for management and maintenance, they might not even last six months.
Besides, the money saved from the rent for these warehouses would be enough to buy a lot of grain.
The supplies we have procured are sufficient for emergency relief within one or two days should a flood occur.
First, ensure that the people in the disaster area do not go hungry or get cold, then ensure that the injured people in the disaster area can receive timely medical treatment, and only then can we consider their subsequent resettlement.
The subsequent resettlement will require more blankets and tents, which can be produced simultaneously with disaster relief efforts in factories across China.
"Ah Fang!" Chen Dong suddenly said, "You immediately contact the factories in China that produce bedding, tents, and convenience foods. It would be best if you could acquire these factories."
Afang's eyes widened in surprise. "You mean you want to control disaster relief supplies directly from the source of production?"
This chapter is not finished, please click the next page to continue reading!
Continue read on readnovelmtl.com
