Only after being reborn did I realize how fascinating the world of the rich is.

Chapter 423 Bank Manager Song's Opportunistic Extortion

After dealing with Zheng Xiaojuan's matter, Li Xiaofeng went to see President Song and told him about Zheng Xiaojuan. President Song didn't say much, only that he knew about it.

Li Xiaofeng nodded, looking indifferent, and said, "That's good. President Song, I've done everything I could in this matter. I hope you understand!"

With a blank expression and a very serious tone, President Song said, "Mr. Li, according to our bank's investigation into the operations of your Li Group, we have found that there are significant problems with your Li Group's business operations."

What problems do we have?

"First, your bank loans are very high, exceeding 10 billion yuan, and the group's debt ratio is also quite large."

Secondly, most of the companies under your group are not very profitable, and one of them was even sold due to poor management.

Based on our investigation, the profitability of your group's subsidiaries is barely enough to cover bank loan interest, a worrying situation.

After listening to President Song's ambiguous and sophistical words, Li Xiaofeng smiled and said in a calm tone, "President Song, you're not trying to manipulate me for the sake of a mere Zheng Xiaojuan, are you?"

The Li Group's real estate holdings under its Puhui Investment Company alone have a market value exceeding 220 billion yuan, while its bank loans amount to only 120 billion yuan.

In addition, the Li Group also has Hongxing Electric Vehicle Factory, a capital-intensive enterprise, and Wanzhong Media, a cash cow, which has now begun to turn a profit.

Even someone who doesn't understand economics would not think there's anything wrong with the Lee Group's current operations once they understand its asset situation.

But now the other party is nitpicking, insisting on finding fault with you, acting as if you're incapable and therefore incapable, displaying an air of official arrogance.

At this point, it's completely useless to try to argue with the other party and insist that you have no problem.

The person who wronged you knows better than you do that you are innocent. Crying out for justice is useless. Only by clarifying your own thoughts and figuring out the other party's true purpose can you find a solution to the problem.

Sure enough, President Song's expression became arrogant. He spoke in an official tone, slowly and deliberately: "President Li, Xiaojuan is a good comrade. Although her methods are wrong, she is still serving the leaders."

As for you, Mr. Li, you can't just think about making money. The money you've made is by following the trends of the times. To keep up with the times, you must first understand how to follow the leadership.

President Song's words contained a lot of information. Could it be that Zheng Xiaojuan recruited so many escorts not only to make money for herself, but also to serve Secretary Zheng and others?

No wonder when Zheng Xiaojuan was fired, she didn't seem to have much attachment to staying at Dingdian Media; she just didn't regret being favored by Li Xiaofeng.

In addition, President Song's words seemed to be an implication that Li Xiaofeng should align himself with Secretary Zheng and become one of them.

"President Song, I'm still young, and I only vaguely understand what you're saying. Could you please be more specific about any requirements or instructions from the leadership?"

Bank Manager Song looked Li Xiaofeng up and down, and seeing that Li Xiaofeng looked like he really didn't understand, he had no choice but to explain it more clearly.

"Mr. Li, are you really not clear or are you pretending to be confused? Xiaojuan's matter is not very important. She also said that making a living in the film and television industry is not easy."

I know you used to be one of Secretary Li's men, but Secretary Li is no longer in power. Now Secretary Zheng is in charge. You're the head of a large corporation; do I really need to teach you this? I have no idea how you got to where you are!

Clearly, he meant to get Li Xiaofeng to give them benefits in exchange for their support in various aspects, and even to get Li Xiaofeng to take sides and switch from supporting Secretary Li to supporting them.

However, providing these people with too much benefit is at least considered bribery, which will definitely leave many stains on their record, making it a losing proposition.

He had already established a tacit understanding with Secretary Li. If he were to get involved with Secretary Zheng again, all the efforts he had made with Secretary Li would be in vain, and it would be a losing proposition.

Now Li Xiaofeng is considered a powerful and influential person in society. Having a rich private life is nothing unusual for a man; in fact, it might even be the envy of others.

However, if you are fickle and wavering for short-term gains, this is a major taboo in life. You will be viewed less favorably by others and will not gain their true trust and respect.

At Li Xiaofeng's level, every collaboration involves significant changes in interests, and an important foundation for such collaboration is the trust between the two parties.

The reason why the Luo family is currently showing signs of decline and decay, and why the Qin and Le families have withdrawn their funds, is that the Luo family, for the sake of short-term petty gains, betrayed its partners and lost the trust of others.

Of course, Li Xiaofeng was unwilling to offend someone like President Song unless absolutely necessary.

So he smiled and said earnestly, "President Song, we've known each other for quite some time now, and this isn't the first time we've dealt with each other. You should know my character by now!"

Our Li Group is a large conglomerate with assets exceeding 10 billion yuan. I, Li Xiaofeng, am not a stingy person and don't care about a little money. If the company needs to provide some benefits or sponsor some activities, that's no problem.

The problem is, if something goes wrong, I can't be implicated. I, Li Xiaofeng, am just a nobody with no family background; I can't afford any setbacks.

"What do you mean by that?" Director Song asked, his tone full of dissatisfaction.

"President Song, it's nothing. As the old saying goes, if you have a clear conscience, you have nothing to fear. I, Li Xiaofeng, have always been honest and upright in my work, and I'm living a comfortable life now. I never thought of causing trouble for myself."

I'll be frank with you today: if you have any legal and compliant methods that allow me to do business peacefully, what's wrong with giving you and Secretary Zheng 100 million? To me, this amount of money is nothing.

But what if something happens to you, and it implicates me?

Clearly, if this matter were investigated, neither President Song nor Secretary Zheng would have any way to evade it.

Seeing the Li Group getting fatter and fatter, yet unable to take a bite out of it, President Song became somewhat embarrassed and angry, and couldn't help but resort to direct threats.

“Hey Li, it’s fine if you curse me, but if you curse Secretary Zheng, that’s no small matter. Do you think you can handle it?”

Li Xiaofeng looked at him, smiled, but didn't say anything.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like