Chapter 125: Training Institution Trap (Part 2)
Lu Zhennan is the founder of Wende Education and Training Institution, which has thousands of branches across China and boasts a peak annual turnover exceeding 5 billion yuan.
The secret to establishing this kind of educational institution is also very simple. They spend money to hire people to make courseware and PPTs, and then recruit college students part-time or full-time to teach according to the courseware.
They made money by selling courses in advance and then expanded rapidly.
As a leader in educational institutions, Lu Zhennan has reaped the benefits of the industry.
In a teahouse in Jiangxi Province, Lu Zhennan and his friends were drinking tea and chatting.
"If nothing unexpected happens, the double reduction policy will be officially implemented next year. Don't underestimate the current prosperity of education and training institutions, and how they create huge employment rates and GDP. But by then, it will be a mess, and only a few will survive."
Hearing his friend's words, Lu Zhennan smiled slightly. "I've been prepared for this for a long time. We've known each other for decades, and I'm not afraid to tell you. I've already started transferring my assets, and once the transfer is complete, I'll divorce my wife. When the time comes, I'll be out of the house with nothing, and the company will file for bankruptcy."
My friend's eyes lit up. "Great! How much money can I make?"
"At least three billion."
Lu Zhennan smiled and took a sip of his teacup. "For educational institutions, the biggest expense is staff salaries. I've had my subordinates withhold bonuses and some tuition fees, and have them receive their basic salaries first. Once the asset transfer is complete, their salaries won't need to be paid."
"Pah pah pah."
After hearing this, my friends couldn't help but applaud with emotion.
At this moment, Lu Zhennan's secretary ran over and whispered, "Boss Lu, something happened. One of our campuses in Jiangbei District, Haining City, Haizhou Province, has collapsed."
Lu Zhennan frowned and said, "Why are you panicking? Speak slowly."
The secretary took a deep breath and slowly spoke, "A student's parent reported that our payment collection unit doesn't match our business license. Right now, the Market Supervision Bureau and the Tax Bureau are checking our accounts. If this gets out, there's bound to be a chain reaction."
"It's a small matter."
Lu Zhennan smiled slightly, not caring at all, took out his cell phone and made a call.
After a while, the call was connected, and Lu Zhennan said with a smile: "Brother, I'm sorry to bother you. I'm Lu Zhennan!"
The man on the other end didn't sound enthusiastic. "Mr. Lu, what's the matter?"
"Well, why did someone from our bureau come to my educational institution to conduct an inspection? Didn't we discuss the details privately?"
If you want to do business in a place, you need to manage everything from top to bottom. Lu Zhennan naturally knows this. Since he dares to do this, he naturally has a certain confidence.
However, the director, who was very easy to talk to at the table and always addressed Lu Zhennan as "brother", suddenly changed his expression and scolded him:
"What nonsense are you talking about? I don't know anything about this."
"Yes, yes, brother, I don't know about this." Lu Zhennan was confused by the scolding, and wondered in his heart whether the other party was blaming him for not giving him gifts in the past few months.
So, Lu Zhennan changed his tone and said, "Brother, are you free these two days? I want to treat you to a meal."
"You don't have to eat."
The other party said indifferently, "Boss Lu, let me tell you the truth. This matter was not just reported by the students' parents, but mainly by reporter Jiang Ningyue from the provincial TV station. You're on your own."
After saying that, the other party hung up the phone.
"Jiang Ningyue?"
Lu Zhennan was confused and looked at the secretary questioningly, "Who is Jiang Ningyue?"
The secretary chuckled and said, "Jiang Ningyue is a very popular reporter online, with 20 million followers on Douyin."
"So what's wrong?"
Lu Zhennan was puzzled, "Isn't he just an internet celebrity?"
"He's not an internet celebrity, he's a reporter from Haizhou Provincial TV Station."
The secretary explained, "Almost every time she appears in the news, a director or deputy director steps down. People online call her the Second Disciplinary Inspection Commission of Haizhou Province."
“…”
Hearing his secretary's words, Lu Zhennan finally felt terrified. Which of these officials didn't have backers or connections? A small reporter, reporting a piece of news, could actually bring down a director and deputy director who had been mired in the political arena for over twenty years. The power behind this was simply unimaginable.
Lu Zhennan rubbed his temples, "What should I do now?"
My friend also pulled out his phone and said, "I own property in Gulin City, Haizhou. I've had dinner with their deputy mayor in charge of the economy a few times. We have a good relationship. I'll ask Mayor Zhao if he has any advice."
"Okay." Lu Zhennan's eyes lit up, "If this problem can be solved, I'm willing to pay some money!"
The friend nodded and dialed the number, "Hello, Mayor Zhao, this is Xiao Wang!"
After a few pleasantries, the friend said with a smile, "Mayor Zhao, I have a personal matter that I'd like to ask you for help with! I have a friend who's been targeted by a reporter from your provincial TV station named Jiang Ningyue. Could you please help..."
Mayor Zhao was originally smiling, but upon hearing the name, his expression changed immediately. He smiled bitterly and said, "Boss Wang, how did you offend this lady?"
Mr. Wang clicked on the public broadcast and asked doubtfully, "Is it difficult to solve?"
"Well, tell me what's going on first."
Mayor Zhao sighed and asked.
"Well, my friend runs a bunch of educational institutions in Haizhou Province. A minor issue arose, and Jiang Ningyue noticed it. She called in the Market Supervision Bureau and the Tax Bureau to conduct an inspection. My friend has tens of billions in assets, and his business is currently going through a critical period. If news of the problem were to surface at this point, the consequences would be disastrous!"
Mayor Zhao paused for a moment and said, "Is it really illegal?"
“…”
Mr. Wang smiled wryly and said, "Mayor Zhao, what you said is definitely a bit irregular. My friend's point is, if Reporter Jiang is willing to give our friend a break, we'd be willing to spend hundreds of thousands of dollars."
"No chance," Mayor Zhao said firmly. "Let your friend admit defeat. Unless you can find the provincial party committee leadership, there's no chance. I've also met this reporter, Xiao Jiang. She's usually very cheerful and easy to talk to, but when it comes to her work, she won't even give face to the average person."
President Wang looked up at Lu Zhennan. Lu Zhennan, who hadn't smoked in a long time, had already lit a cigarette. "Mayor Zhao, who is this reporter Jiang? How could he not even give you, the mayor, a proper respect?"
"Haha, that has nothing to do with you." Mayor Zhao smiled. "Mr. Wang, we're already acquaintances. Let me advise you: unless you can find the provincial party committee leader, don't bother looking. Okay, I have a meeting soon, so I'll hang up now."
"Okay, Mayor Zhao. I'll treat you to dinner in Gulin later."
"Let's talk about it later."
After Mayor Zhao hung up the phone, President Wang looked up at Lu Zhennan.
Lu Zhennan covered his face and said in a low voice: "It's over, it's all over."
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