Chapter 397 Internal and External Troubles



"The impact does exist, but it won't change our development plans," Ning Nanxue said firmly. "I'm already looking for new financing channels."

Financial Director Li Mengyao interjected, "There are more and more rumors in the market about our impending bankruptcy, and employee sentiment is a bit unstable."

"Rumors stop with the wise." Ning Nanxue looked around at every member of the management team in the conference room. "I assure you all that the Fu Group will not fall. We will overcome this difficulty."

After the meeting, Qiu Mingsong stayed behind: "Nanxue, the situation is more complicated than I thought."

"Uncle Mingsong, have you also heard about Jiang Tingchen's situation?"

"There's no such thing as an impenetrable wall in the business world," Qiu Mingsong sighed. "Now he faces a dilemma: either give up on you and the Fu family, or lose the support of the Jiang family."

"I've told him he can quit, but he refused." Ning Nanxue was a little worried. "I don't want him to lose everything because of me."

"That young man is more decisive than I thought." Qiu Mingsong nodded. "However, this game has just begun. The Jiang family will not let go easily, and Huayun Group's counterattack is only the first step."

“How should we respond?”

"When the enemy comes, we will fight with our soldiers; when the water comes, we will block it with earth." Qiu Mingsong patted her shoulder. "The important thing is, don't forget that you are not alone."

In the evening, Jiang Tingchen returned to the Fu Building and found Ning Nanxue still working in the office.

"Why aren't you going to bed so late?" He gently pushed open the half-open door.

"Dealing with some documents." Ning Nanxue looked up. "Did you see Lin Zehan?"

"Yes, the situation is better than expected." Jiang Tingchen sat down opposite her. "He is willing to introduce several heavyweight investors. Of course, the prerequisite is that we can come up with a project plan that will attract them."

"That's good news." Ning Nanxue relaxed her brows slightly. "I've made some progress here too. Professor Qiu has contacted a few old friends, and they're very interested in our technology."

"Nanxue, I want to tell you that no matter how many obstacles lie ahead, I will not retreat even a single step." Jiang Tingchen leaned forward. "Even if Huayun Group cuts off all resources, even if the Jiang family opposes to the end, I will still stand by your side."

"Tingchen, have you really thought it through?" Ning Nanxue stared at him. "Once you embark on this path, there may be no turning back."

"Once some choices are made, there's no need to ask whether they're right or wrong." Jiang Tingchen said firmly, "I chose you, and I also chose the future I want."

Ning Nanxue looked at the tall buildings outside the window and was silent for a while. Just as she was about to say something, her cell phone suddenly vibrated.

She picked it up and saw that it was a message from Secretary Chen.

"Qingyun Technology's CEO, Dai, just announced to the media that they'll be releasing a new generation of energy conversion technology next week, and they've also given very aggressive market forecasts," Ning Nanxue said in a low voice. "It looks like they're planning to take advantage of the situation."

Jiang Tingchen's face was solemn as he pulled up a report. "According to my sources, Qingyun Technology has already significantly cut prices in the market, especially targeting Fu's traditional customers. They're clearing out the market."

Ning Nanxue pondered for a moment, tapping the table with her fingers. "Qingyun Technology has always been opportunistic. He must have heard about the conflict between Huayun and us to dare to attack so boldly."

The phone suddenly rang and Ning Nanxue pressed the hands-free button.

"Boss Ning, this is bad!" CFO Li Mengyao's voice was filled with panic. "I just received news that our stock price closed down 12% today. Several directors have already convened an emergency meeting privately. They..."

"Tell them to come to me." Ning Nanxue interrupted calmly, "Tell them that I will submit a complete response plan to the board of directors at nine o'clock tomorrow morning."

After hanging up the phone, Jiang Tingchen looked at her: "I guess they have wavered."

"That's human nature, no one can blame them." Ning Nanxue sighed, stood up and walked towards the window, her back casting a long shadow in the light. "Since I took over, the company's stock price has dropped by almost 30%. If it were me, I would probably question my decision too."

Jiang Tingchen leaned forward: "We need to fight back, and quickly."

"But where's the direction?" Ning Nanxue turned, her voice slightly weary. "The capital chain is tight. Although there have been technological breakthroughs, mass production will take time. The market has been eroded by Qingyun, and now even the internal situation is unstable..."

"Inside?" Jiang Tingchen frowned.

Ning Nanxue handed him a list: "These are the employees who submitted their resignations yesterday. Most of them are key members of the R&D department. I heard Qingyun offered them double their salaries."

Jiang Tingchen quickly scanned the list, his expression darkening. "Qingyun Technology is trying to cut off the source of their support."

"The most worrying thing is the loss of morale," Ning Nanxue said softly. "Every day there are rumors that we're going bankrupt, and our employees are panicking."

Ning Nanxue leaned back in her chair weakly. "The situation is worse than we imagined. Our project progress may be delayed by at least three weeks."

"Nanxue, we must change our strategy." Jiang Tingchen stood up and walked to the window. "Passive defense will only get us stuck in a quagmire. We need to turn defense into offense."

"What do you think?" Ning Nanxue stared at his tense back.

"All's fair in war." Jiang Tingchen turned around, a sharp glint in his eyes. "Isn't Qingyun Technology going to start a price war? Then let him turn his price war against us."

Ning Nanxue was slightly confused: "What do you mean?"

"I have a friend in the financial industry. We can use him to short Qingyun's stock and spread the news that Qingyun's capital chain is tight," Jiang Tingchen said with a clear mind. "Then, through a few key customers, pretend to be interested in their low prices and lure them into further price cuts, trapping them in losses."

"This move is too risky." Ning Nanxue shook her head slightly. "If Qingyun Technology finds out, we'll be digging our own graves."

"High risks bring high rewards." Jiang Tingchen said firmly, "The situation has reached the point where we have to take risks."

Silence stretched between the two of them. Ning Nanxue stood up and walked to the coffee table, poured herself a glass of water, and sipped slowly: "How do we solve the problem of employee turnover?"

"We can't just rely on salary increases to retain employees. That would put even more financial pressure on us." Jiang Tingchen thought for a moment, "I suggest implementing an equity incentive plan to allow core technical personnel to hold company shares."

"That's a good idea." Ning Nanxue nodded, "But what about the board of directors..."

"Let me convince them." Jiang Tingchen was confident. "The board members aren't fools. They won't sit idly by and watch their wealth slip away. Giving up the small for the big, what a good choice!"

Ning Nanxue put down her water cup and looked at Jiang Tingchen with a sharp gaze: "Are you sure you want to do this? Once the board of directors finds out about your identity, it may cause even greater shock."

"It's no longer meaningful to hide it." Jiang Tingchen approached her, "Now it's time to reveal my true identity and prove to everyone that I, Jiang Tingchen, stand on the side of the Fu family, not the Jiang family."

"This will completely break your relationship with the Jiang family." Ning Nanxue's voice trembled slightly.

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List