Lawyer Wang is a partner of a well-known law firm. He has handled 36 bankruptcy cases and served as bankruptcy administrator 36 times, all of which were very successful. He can be said to be a very authoritative economic lawyer in China. Upon learning that he was the administrator of the Ruifeng bankruptcy case, all the debtors and creditors were relieved, except Lin Dan, who noticed something was wrong.
She insisted on replacing Lawyer Wang, even though all shareholders did not support her proposal.
Lawyer Wang seemed to be irritated by her. He analyzed the poor financial situation of Ruifeng and Jinding, and listed many legal cases. He said confidently: "Ms. Lin, you are an outsider. What qualifications do you have to ask to replace me? Now I am the only one who can minimize everyone's losses. What can you do for them?"
Lin Dan said as he sorted out the documents on the desk: "I can follow your bankruptcy plan for Ruifeng, but if you want Jinding to go bankrupt together with Ruifeng, I cannot agree to that. In my opinion, Jinding can still be saved, and I will apply for bankruptcy protection from the court."
Bankruptcy and bankruptcy protection are two different concepts. Bankruptcy refers to the liquidation and auction of assets, and the proceeds from the auction will be used to repay the debts owed by the company. At this point, the company is beyond saving.
But bankruptcy protection means: when a company submits an application for bankruptcy protection, the court will give the company's debtors a period of time to reorganize and adjust. During this period, the company can continue to operate without repaying the corresponding loans and debts. This is the concept of restructuring. If the company successfully restructures and turns losses into profits within the prescribed period, it will avoid bankruptcy.
Lin Dan has given up Ruifeng, but she tries to save Jinding, which may be the last chance for the Wang family.
Lawyer Wang laughed angrily and said contemptuously: "The creditors have submitted Jinding's bankruptcy application to the court. It's too late for you to save the situation now, and you don't have the ability to do so. Miss Lin, if I remember correctly, you are a biology student, right? Don't you think it's inappropriate for you to handle these matters on behalf of Mr. Wang? As you said before, I also doubt your professional quality. Between the two application documents, which one do you think the court will accept? Miss Lin, the laboratory is the most suitable place for you. You should go back to where you came from and stop causing trouble for everyone here."
Lawyer Wang's words were recognized by all creditors. Several shareholders of Ruifeng waved their hands at Lin Dan silently, telling her silently - give up struggling.
Lin Dan nodded slightly, left, and drove to Jinding Manufacturing. It is said that dealing with a bankrupt company is like searching for treasure in a garbage dump, and she fully agrees with this. There are two types of corporate assets: one is tangible assets, including equipment, factories, production lines, etc.; the other is intangible assets, including brands, patents, talents, etc. Ruifeng's tangible assets are almost gone, and no treasures can be found even if they are searched for. Therefore, Lin Dan has focused on intangible assets from the very beginning.
She screened all the projects that Ruifeng and Jinding were developing, and finally found two treasures, namely the flexible display technology and 4D holographic projection technology that Jinding Manufacturing is currently developing. At present, LED screens are gradually replacing LCD screens, but have not yet completely occupied the global display screen market. This is because pixels are a difficult problem to solve for LED screens, and blue light that is harmful to the eyes is also a major obstacle.
OLED displays that eliminate blue light are praised by experts as the future development direction of the display industry, but Lin Dan saw a new direction from the two research and development reports submitted by Jinding Manufacturing, namely flexible displays and 4D holographic projection technology. Flexible display screens have high pixels, no blue light damage, are waterproof and moisture-proof, thin and foldable, easy to carry, and can be used on almost any electronic device. If successfully developed, it will occupy the future display market.
4D holographic projection technology is even more powerful. It will completely eliminate the limitations of display screens on imaging technology. It can be viewed in any environment and any location, and the level of realism will exceed human imagination.
Every technology develops in a system, slowly from low-level to high-level, from immature to mature. In Lin Dan's view, the development spectrum of imaging technology is as follows: CRT display, LED display, flexible display, 3D display, and 4D display. She currently has no idea what comes after 4D.
Although she had never been exposed to this kind of technology, the vast amount of knowledge stored in her mind told her that the experimental parameters provided to her by Jinding's R&D team were accurate, the direction was correct, and the significance was significant. If Jinding is allowed to go bankrupt and then be bought by another company, it will be Ruifeng’s biggest loss.
These two technologies are leading the future of imaging technology and also indicate a huge global market and the share China will occupy in it. But currently, they are all still in the research and development stage. Without a large amount of follow-up funding, they may be buried or plundered by others, which is what Lin Dan least wants to see.
She wanted to save Jinding, so she begged Wang Zhaokun to ensure that the research and development team's funding was not interrupted at all costs. Fortunately, Wang Zhaokun trusted her very much. He borrowed some money from someone privately and invested it all in the research and development of the project. All Ruifeng employees’ salaries were stopped and production lines were shut down, except for Jinding’s R&D team which was still operating normally.
However, Lin Dan did not expect that Lawyer Wang would actually propose to merge Jinding with Ruifeng and go bankrupt together. If he really did this, Jinding would become worthless. She was not a fool who would be deceived by Lawyer Wang's righteous words. She knew very well the predicament she was facing.
Now she was like an antique dealer, with a lot of antiques, both real and fake, on her stall. Lawyer Wang was an expert with a sharp eye. He spotted the most inconspicuous but most valuable item on her stall, and deliberately pointed to another item that looked very valuable and said, "I want to buy this, but it's too expensive. How about you give me these junks next to it as a gift?"
The other shareholders and creditors believed his lies, but Lin Dan didn't. She had long known that the largest buyer after Ruifeng's bankruptcy would be Dongxin Manufacturing, which was controlled by Zeng Zhenyuan. If the two companies merged and went bankrupt, Zeng Zhenyuan would be able to take Jinding at the lowest cost. Getting something for nothing has always been his forte. Lin Dan knew exactly who was behind Lawyer Wang and who was controlling the creditors.
How to turn the tide? Lin Dan thought about this question for a whole month and finally turned his attention to the government. What she needs to do now is to paint a big enough pie for the government so that the government understands the impact on China's electronic components industry if these two technologies are lost abroad or buried.
She originally wanted to wait until the R&D team produced certain experimental results before contacting the government, but now she can't wait any longer. If the court accepts Lawyer Wang’s bankruptcy application, Jinding will be completely doomed.
Lin Dan hurried to Jinding headquarters, held an emergency meeting with the R&D team, and then personally drafted a report. But the biggest question is how can she meet the relevant government officials? How to present this report and convince the leaders face to face? Wang Zhaokun might have had connections in this area in the past, but now Ruifeng has gone bankrupt, who would be willing to do him a favor?
Lin Dan looked at this report that embodied everyone's hard work, and his mood dropped to the bottom. She took out her cell phone and after much hesitation, she called Han Xu. She thought he would be very annoyed, after all, he had been worrying about the Wang family's affairs during this period, but she didn't expect that his voice sounded so happy.
"Hey Lin Dan, are you off work? Do you want me to pick you up?"
"No, I'll drive back by myself later." Lin Dan said carefully: "Han Xu, I have a report in my hand that is related to the life and death of Jinding. I want to send it to the city leaders for a look, but I can't find a way. Can you help me? If you find it difficult, forget it, I will find another way..."
Han Xu couldn't help but sigh. He felt very happy that Lin Dan thought of him when she was in trouble, but after hearing what happened next, he became upset again. Lin Dan is always like this, not overly dependent on others, nor overly bothering others. She clearly had nowhere else to turn, but she would never impose her difficulties on others or take help for granted.
I am weak, but I am right. This is the idea of many people. But Lin Dan only feels ashamed of his weakness and forces himself to become stronger.
Han Xu has always admired such women, but after spending time with Lin Dan, he actually began to hate her strength and independence. He interrupted her and said firmly: "I'll help you."
Lin Dan was silent for a while before he said softly, "Thank you."
"Don't thank me." Han Xu sighed helplessly: "Have you finished eating the local eggs at home? I asked someone to buy a few boxes of fresh ones from the countryside. I will pick you up at the city government later and bring them to you by the way."
"Okay, thanks..." Lin Dan changed his words in time: "Then I'll wait for you at the Jinding headquarters. See you later."
"See you later," Han Xu stopped Lin Dan who was about to hang up the phone and said carefully, "Don't worry, I will help you no matter what happens, as long as I can do it."
Lin Dan felt a slight sourness in his nose and uttered "hmm" in a hoarse voice.
…………
Half an hour later, Han Xu rushed to Jinding headquarters, and Lin Dan took the two experts to the municipal government to make a report. To convince the city leaders, it is not enough to just make big promises, but also necessary to come up with something substantial, and this depends on the eloquence of the two experts.
"Ms. Lin, if you hadn't been so confident in our research and supported us in every aspect, we wouldn't have made such a significant breakthrough." The chief R&D expert said firmly: "Ms. Lin, don't worry, we will definitely not let you down."
The fact that Lin Dan was able to step forward and shoulder all the responsibilities when the Wang family was on the verge of bankruptcy was enough to prove her character. The chief R&D expert, whose research results were once stolen by his friend, did not trust Jinding's top management, but was convinced by Lin Dan. Because when they are with her, they don't have to worry about being plotted against or betrayed. She provides everyone with the safest and most secure working environment.
Lin Dan patted the two experts on the shoulders with a firm look in his eyes.
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