Chapter 283 Data
“Sister Fang, I’m fine.” Lu Chen interrupted her. “Actually, I’ve wanted to quit for a long time, but I just haven’t had the courage.”
"Now is the perfect opportunity to do some things that I really want to do."
"Sister Fang, don't worry about me."
Fang Lanxin closed her eyes, and tears streamed down her face.
"Ah Chen, thank you."
“Sister Fang, there’s no need for thanks between us.” Lu Chen smiled. “By the way, I’m leaving for Yunnan tomorrow.”
"This trip might take a long time, so please take good care of yourself."
"Um."
“Sister Fang…” Lu Chen paused. “When I come back, you must give me an answer.”
"good."
After hanging up the phone, Fang Lanxin leaned back in her chair.
This child has really grown up.
Sure enough, Lu Chen's news quickly dominated the headlines of all media outlets.
Actor Lu Chen announces permanent retirement from the entertainment industry.
"Sinking Land: I Want to Do Something Truly Meaningful"
An earthquake in the entertainment industry: Lu Chen's choice is admirable.
Everyone was discussing Lu Chen's decision.
Some say he's too impulsive, others say he's very brave.
But in any case, the negative news about the Huo family was completely suppressed.
Those overseas investors who wanted to continue speculating no longer had the chance.
Huo Qibang pushed the door open and came in. "Mom, there's news from the stock market that market sentiment has stabilized a lot because of Lu Chen's news."
"The Huo Group's stock price has recovered to five percent of its previous decline."
Fang Lanxin nodded.
Ah Chen really helped a lot this time.
But she knew it was only temporary.
Those overseas investors won't give up so easily.
They must have another plan.
At 8 p.m., Huo Siya suddenly burst into the office.
"Mom!" Huo Siya's face was full of excitement. "I've discovered something very important!"
Fang Lanxin looked up at her daughter. "What is it?"
“I’ve been studying the accounts of those overseas capital firms these past few days.” Huo Siya sat down opposite Fang Lanxin and took out a stack of documents. “Mom, look, this is their cash flow statement for the last three months.”
Fang Lanxin took the document and quickly glanced through it.
"Siya, what did you discover?"
“Mom, look here.” Huo Siya pointed to a line of numbers on the document. “This transfer of three billion shows that it came from a bank in Singapore.”
"But when I checked, this bank doesn't exist in Singapore at all."
Fang Lanxin's eyes lit up. "You mean..."
“Yes.” Huo Siya nodded. “This is a fraudulent account.”
"And it's not just this one transaction; I've discovered that several of their recent large transfers have issues."
“Mom, I suspect that the funding chains of these overseas capitals are not as strong as they appear on the surface.”
"They are likely falsifying accounts and exaggerating the size of their funds."
Fang Lanxin held the document, her heart starting to race.
If that's the case, it means the other party's cash flow is more fragile than she imagined.
"Siya, do you have any evidence?"
“Yes.” Huo Siya took out several more documents. “These are the registration information and transfer records of the banks I found.”
“Mom, look, the registered addresses of these banks are all fake, and the registration dates are all within the last three months.”
"It's obvious that these are all shell companies that the other party has temporarily set up to inflate the size of their funds."
Fang Lanxin looked at the document carefully, a smile appearing on her face.
"Siya, you've done a great job this time."
"It's all thanks to my mother's good teaching," Huo Siya smiled.
Fang Lanxin stood up and paced back and forth in the office.
She now has three chips in her hand.
First, with Lin Haitao arrested, the other side lost its operator.
Secondly, Guan Jingshen intercepted the other party's cargo shipment, causing problems with their cash flow.
Third, Huo Siya discovered the other party's falsified accounts, proving that the other party's financial scale was far less than it appeared on the surface.
The three chips combined are enough to wipe out all the overseas capital.
“Siya, hand over this evidence to the police immediately,” Fang Lanxin said. “Let them investigate the accounts of those overseas capital entities.”
"good!"
After Huo Siya left, Fang Lanxin picked up her phone and dialed Guan Jingshen's number.
"Lanxin".
"Jing Shen, how's the situation in Southeast Asia going?"
“It’s all taken care of,” Guan Jingshen said. “That shipment is currently being held in the Strait of Malacca. If the other party wants to take it back, they’ll have to wait at least a month.”
"Moreover, I found out that the goods were collateral that the other party had pledged to an underground bank."
"Now we can't get the goods back, and the underground banks have already started demanding repayment."
Fang Lanxin's lips curled into a smile. "Well done."
"Lanxin, what are you planning to do next?" Guan Jinshen asked.
"Fight back." Fang Lanxin's voice was cold. "Since they want to play, I'll play along to the end."
The next morning, Fang Lanxin convened a meeting with all the company's senior executives.
The conference room was full of people, and everyone looked tense.
Fang Lanxin stood in front of the conference table and looked around.
"Ladies and gentlemen, I have called you all here today to announce something."
"Starting today, we will launch a counterattack against those overseas capitals."
The meeting room erupted in an uproar.
"Mr. Fang, we're running low on funds." The CFO stood up. "If we launch a rash counterattack and fail..."
“It won’t fail,” Fang Lanxin interrupted him. “Because their funding chain has already dried up.”
She placed the evidence that Huo Siya had found on the table.
"This is the other party's financial statement for the past three months, and it contains a large number of falsified accounts."
"They overstated the size of their funds; in reality, they didn't have nearly as much money as we imagined."
"Moreover, the collateral they pledged to underground banks is now being held in the Strait of Malacca and cannot be retrieved."
"This means that their funding chain has broken down."
Everyone in the conference room was stunned.
Huo Qibang stood up. "Mom, are you saying we can fight back now?"
“Yes.” Fang Lanxin nodded. “And it has to be quick.”
"Before they can react, we must take them down in one fell swoop."
"Qibang, go to the securities department immediately and prepare 5 billion yuan, ready to enter the market at any time."
"good!"
"Huowen, go contact the media and expose their accounting fraud."
"yes!"
"Everyone else, do your job and cooperate fully."
"yes!"
After the meeting, everyone sprang into action.
Fang Lanxin returned to her office, picked up her phone, and dialed Ling Ye's number.
"lady."
"Ah Ye, can you still contact those people from the underground banks?"
“Yes,” Ling Ye said. “Madam, what are you going to do?”
“I want them to intensify their efforts to collect the debt,” Fang Lanxin said. “Tell them that if those overseas investors can’t repay their debts, we can directly seize their assets.”
"I see."
After hanging up the phone, Fang Lanxin leaned back in her chair.
This time, she's going to make those overseas investors lose everything.
The stock market opened at 10:00 AM.
The stock price of the Huo Group began to rise slowly.
Five percent.
Seven percent.
Ten percent.
Inside the securities department, Kenneth Fok stared at the fluctuating numbers on the screen, his palms sweating profusely.
"Young Master, the other party has started selling!" the securities department manager shouted.
On the screen, a large number of sell orders appeared.
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