bookrandom Chapter 564 Funds Frozen
Chapter 564 Funds Frozen
As they were talking, the sound of a car came from the factory gate. A black sedan slowly drove in, and three middle-aged men in suits got out.
Li Xiangyang recognized the man in the lead—it was Zhao Mingyuan, the vice president of Jinyuan Industrial.
"Mr. Li, we meet again." Zhao Mingyuan walked over with a smile, followed by two bodyguards.
"Vice President Zhao, what brings you here?" Li Xiangyang appeared calm on the surface, but his mind was racing.
"Haha, Mr. Li, you're too kind." Zhao Mingyuan glanced around the factory. "I heard there was a bit of trouble at Mr. Li's purchasing point last night, so I came to offer my condolences."
Ma Qingfu flew into a rage: "Zhao Mingyuan, stop pretending! Wasn't it you who did it?"
"Mr. Ma, that's not right," Zhao Mingyuan said innocently. "We're legitimate business people, why would we do something like that?"
Li Xiangyang stopped Ma Qingfu from rushing forward and said calmly, "Since Vice President Zhao is here, why don't you come into his office and have a seat?"
In the office, Zhao Mingyuan sat leisurely on the sofa, his legs crossed.
“Mr. Li, let’s be frank.” Zhao Mingyuan took out a cigar, lit it slowly, and said, “I’m here today to discuss a collaboration with you.”
"What kind of cooperation?"
“It’s simple.” Zhao Mingyuan exhaled a puff of smoke. “Either sell the factory to me, or buy us out. The price is negotiable.”
Li Xiangyang sneered, "Vice President Zhao has quite the appetite."
"Mr. Li, a wise man submits to circumstances," Zhao Mingyuan's tone turned cold. "What happened last night was just the beginning. If Mr. Li still doesn't know what's good for him, I can't guarantee what will happen."
"Threatening me?" Li Xiangyang's eyes flashed sharply.
“No, no, no, how can this be called a threat?” Zhao Mingyuan stood up. “This is called a friendly reminder.”
After seeing Zhao Mingyuan off, Ma Qingfu couldn't hold back any longer: "Xiangyang, that kid is too arrogant! We can't let him bully us like this!"
"What's the rush?" Li Xiangyang laughed instead. "The more he acts like this, the more anxious he is."
“But they have powerful backers. Can we fight them?” Wang Ergou asked worriedly.
"They've used both overt and covert methods, but we haven't suffered any losses. Right now, they're the ones in a hurry. We just need to stay calm and do nothing until their funding runs out."
After leaving the factory, Li Xiangyang did not go straight home, but went to the hospital first to visit the injured Xiao Liu.
"Mr. Li, I'm sorry, it's my fault for not protecting the acquisition point." Xiao Liu lay on the hospital bed, his face still covered with gauze.
"Don't say that, you've done a great job." Li Xiangyang patted Xiao Liu on the shoulder. "Take good care of yourself, all medical expenses will be reimbursed."
After seeing Xiao Liu, the next day, as soon as Li Xiangyang arrived at the factory, Ma Qingfu rushed over, his face grim: "Xiangyang, you've finally arrived! Director Zhang from the bank came early this morning."
Director Zhang was a middle-aged man in his forties, wearing gold-rimmed glasses and with a businesslike expression.
"Mr. Li, I'm sorry, we've received instructions from our superiors to temporarily freeze your company's accounts." Director Zhang produced a document. "These are the relevant procedures."
Li Xiangyang took the document and read it carefully, a cold smile creeping across his face. This trick had definitely come to pass.
"Director Zhang, what are the specific contents of this report?" Li Xiangyang asked calmly.
"According to reports, your company has disrupted market order by maliciously raising acquisition prices." Director Zhang adjusted his glasses. "The specific details require investigation by the relevant departments."
"How long will the investigation take?"
"This...it will take at least half a month."
Li Xiangyang nodded. Half a month—that's a very precise timeframe. Given the current financial situation, if the accounts are frozen, the factory won't last a week.
“I understand, Director Zhang.” Li Xiangyang signed the document. “Cooperating with the investigation is the proper course of action.”
After seeing the bank staff off, Ma Qingfu was in a panic.
"Xiangyang, what do we do now? With the account frozen, we can't even pay our workers' wages!"
Wang Ergou, standing nearby anxiously, suggested, "Why don't we try to pull some strings?"
“No need.” Li Xiangyang was surprisingly calm. “Proceed according to plan. Just cooperate. Also, immediately notify all purchasing points to stop purchasing starting today.”
"Stop the purchase?" Ma Qingfu was stunned. "What about the villagers?"
"Just tell them we need to perform equipment maintenance and will need to suspend operations for a few days," Li Xiangyang explained. "Also, inform all workers that they will have three days off tomorrow."
"Xiangyang, what are you doing?" Wang Ergou was also confused.
"A decisive move." A sly glint flashed in Li Xiangyang's eyes. "Since they want to freeze our accounts, we'll just go along with it. Without us, everyone selling their goods to them will only make their cash flow even tighter. These funds can't be converted into cash immediately. And the frozen funds will have to be unfrozen sooner or later."
That afternoon, news that Sanheshan Treasure Company had suddenly stopped its acquisitions spread to several nearby villages.
The villagers carried their mountain produce around looking for buyers, but the prices were all much lower than those for the Sanhe Mountain Treasures.
"What happened? What went wrong at Xiangyang's factory?"
"I heard they were reported and their accounts were frozen."
"Then who will we sell our mountain products to?"
Meanwhile, Jinyuan Industrial's acquisition point was bustling with activity. Zhao Mingyuan looked at the endless stream of villagers and a smug smile appeared on his face.
"Haha, Li Xiangyang, you finally couldn't hold on any longer!" Zhao Mingyuan said to his men. "Increase the purchase volume and seize all the supplies!"
"Boss, we're also facing a tight cash flow situation right now," one of the subordinates reminded him.
"It's alright, we'll hold on for a few more days." Zhao Mingyuan waved his hand. "As long as we bring Li Xiangyang down, this market will be ours."
However, to Zhao Mingyuan's surprise, the villagers started causing trouble early the next morning.
"Your price is too low! Xiangyang didn't offer this price when they bought it!"
"Exactly, it's more than double!"
"We're not selling anymore. We'll wait until Xiangyang's factory recovers!"
Faced with angry villagers, Jin Yuan's purchasing point was in complete chaos.
After receiving the call, Zhao Mingyuan rushed to the scene.
"Fellow villagers, the price can be discussed further," Zhao Mingyuan said with a forced smile. "But that's how the market is, there's nothing we can do about it."
"What market situation?" an old man roared angrily. "You're just trying to take advantage of our misfortune!"
"Exactly! Xiangyang would never do something like this to us!"
Seeing the growing number of villagers, Zhao Mingyuan had no choice but to temporarily raise the price. Even so, the price was still significantly lower than Li Xiangyang's.
What troubled him even more was that the villagers' first question after receiving the money was, "When will Xiangyang's factory be able to resume operations?"