The next morning, Qiu Ci Yang brought his wife Fu Qin to the suburban villa.
Wu Yi was also there, discussing important matters concerning his family, so of course he had to be present.
Soon, the express arrived.
Qiu Cichen opened the express delivery. The writing on it was very concise, and it basically meant one thing: that person was going to report it, and there would be a storm in the financial world, and [Youxin] would probably go bankrupt!
Qiu Cichen handed the document to Wu Yi, who glanced at it and then handed it to Qiu Ciyang and his wife.
"Should we take this opportunity to take [Youxin] back?" Qiu Ciyang asked.
Qiu Cichen didn't say anything, he was thinking.
At this time, Wu Yi spoke up: "What is the market value of our 20% stake?"
"Sister-in-law!" Qiu Ciyang was a little surprised, "What are you doing?"
Qiu Cichen understood! All the business studies he had learned over the years had not been in vain. He knew that Youxin could not be saved!
Even if Qiu Huiping is caught, [Youxin] will be in a mess in their hands, and it will be like sand in a funnel!
It's probably impossible to restore the market to its current level! Not to mention the huge cost, even if they could get the funds, market confidence has already plummeted to the bottom, and there's no guarantee of recovery.
It would be better to stop the loss in time, sell the shares in hand, and use the principal to find another way out.
"We're living on dividends now. If Youxin goes bankrupt, these shares will be worthless!" Qiu Cichen said, "It's better to sell it now. It can still be worth some money."
"Brother! That's easy to say!" Qiu Ciyang shook his head. "Over 10 billion! Who can come up with that much money in a few days? Besides, where can we find such a scapegoat? Isn't this harmful?"
"Do you think... Qiu Huiping will accept it?" Qiu Cichen said slowly.
Everyone was silent. Was this considered kicking someone when they were down, letting her suffer the consequences?
"If she's really willing to buy, then I'll sell it! Even if it means losing a little money!" Qiu Ciyang figured it out. "But if we both sell our shares so suddenly, will she get suspicious?"
"Ci Chen." Wu Yi spoke again, "Aren't you going to help me open an exhibition hall?"
Hearing this, Qiu Cichen's eyes lit up: "Madam is smart!"
"What do you mean, sister-in-law? Why don't I understand?" Qiu Ciyang was still confused.
"Ci Yang, do you want to invest?" Qiu Ci Chen said.
"Brother! Sister-in-law! Stop playing dumb!"
"Tomorrow we will go to Qiu Huiping to sell shares. The purpose is to use the money to open the exhibition." Qiu Cichen began to explain.
Exhibition clubs, from venues to exhibits, require enormous capital. Recruiting members also costs a lot of money, and offering benefits. The first year is basically a waste of money, with little chance of making a profit.
The income from share transfer alone from Qiu Cichen is simply not enough, so it is a natural idea to ask the idle Qiu Ciyang to invest.
In this way, the arrogant Qiu Huiping would not even suspect its existence. Moreover, she was always fussy about their annual white-collar bonuses and had long been eyeing their shares!
"She wants shares, wants to be the only dominant company, and doesn't want to receive dividends. That's how we make her satisfied!" Qiu Ciyang finally understood and smiled evilly.
"Sister-in-law! Is your club reliable?" Fu Qin knew nothing. She was afraid that her family had no income and could not support her son.
"Don't worry! Although the first year may be tight, it will definitely get better and better!" Wu Yi comforted him. "Besides, if we don't do this and Youxin collapses, we'll have no way out!"
"Sister-in-law! You've always been smart, so I'll listen to you!" Fu Qin knew she had no ability, "It's a pity I can't help!"
"Not necessarily!" Wu Yi laughed at himself, "I'm not very sociable. If the club wants to thrive, it might still need your strengths to complement mine!"
The club needs traffic and connections, and these are all developed by relying on friends, with one person telling ten people, and ten people telling a hundred people.
Although Fu Qin lacks ability, she has a good temper and is friendly and generous to everyone, so she has many friends.
Perhaps, the development of the club really depends on Fu Qin’s friends to take the lead!
After making the decision, Qiu Cichen contacted Kang Xueke again.
"I've transferred the money to you!" He got straight to the point as soon as the phone connected. "Do me another favor, what's your price?"
"What's the matter?"
"Contact that client and ask him to give us a few days," Qiu Cichen said. "Didn't he ask us to find a way out? I need some time to get this done."
"how long?"
"Three to five days!"
"Then let me ask? I won't charge you, but please leave a good review for my website!" Kang Xueke said with a smile, "Wait for my call in half an hour!"
"Brother Guansheng! Mr. Qiu wants three to five days. Can you give it to him?"
"Tell him it'll be done in four days. If you delay, you'll be responsible for the consequences!"
"Okay!"
Since he had four days, Qiu Cichen immediately started looking for a site.
Wu Yi was right, Fu Qin is indeed useful!
When she heard that they had to find a venue first, she immediately called a sister. That sister's family ran a real estate business and had plenty of land!
There is a piece of land that is being demolished on the edge of the city. It has been approved and the demolition is almost complete. We are planning to put it up for bidding next month.
When the sister heard that Fu Qin's family was going to start a business, she immediately discussed with her husband and decided not to bid and just keep the land for her.
Having accomplished such a big thing, Fu Qin felt a sense of accomplishment and became much happier.
She is such an emotional person, she doesn't have any big worries. Once something good happens, the haze that her husband has felt because of his sister-in-law will almost dissipate!
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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