High School Belle Fell in Love with Me-Chapter 262 - 152: The Affair Exposed (Double-Length - )

Chapter 262: Chapter 152: The Affair Exposed (Double-Length Chapter)

Oh, except for Jiang Banxia.

He had already informed the Fuguang Group; everything was settled, and he even inquired if they had any interest in Green Water Group’s EU license.

Of course, Fuguang Group was interested, but they couldn’t afford it.

To Liu Zhengxiong, Bai Qing was no longer a threat without her title as the chairman of Green Water Group.

Of course, he wouldn’t refuse if he could make a profit along the way.

He just hadn’t expected things to go so smoothly; Li Yang, Bai Qing’s most loyal supporter, cashed out when he saw the stock price of Green Water Group rise, perhaps that was also why Bai Qing decided to give up completely.

After all, even if you can hold on for a moment, you can’t hold on forever.

At least on the surface, that’s how the situation appeared; otherwise, it wouldn’t make sense why Bai Qing would sell all her shares at a low price and leave Green Water Group.

Of course, there might be other reasons, like Li Yang’s affair with Jiang Banxia being discovered by Bai Qing.

Or Li Yang might have dumped Bai Qing.

Liu Zhengxiong didn’t need to worry about any of that; he just knew he had videos and photos on hand, ready to be released at any time, without the fear of confronting a corporation.

Bai Qing’s abandonment of Green Water Group was tantamount to giving up her power.

...

On the third day after Wang Junsheng assumed the role of chairman, he received the first response document. 𝙛𝓻𝒆𝒆𝒘𝙚𝓫𝙣𝙤𝒗𝙚𝓵.𝙘𝙤𝙢

Then, he was dumbfounded.

How could this be possible!

Europe only signed off on one-tenth of the goods?

What about the rest?

Bring it back? Throw it away?

The cost of a single batch doesn’t matter; he primarily wanted the license.

But the document clearly stated that future demand for goods would only decrease, not increase.

This meant the value of Green Water Group’s license would drastically shrink.

If it shrinks, it’s not worth anything.

This was the operating model Green Water Group had always used: payment upon delivery.

After all, Green Water Group had no choice, being certified was good enough.

It’s not something irreplaceable; they had no leverage to negotiate with Western companies.

Now, they were only willing to sign for 10%, and Green Water Group was powerless.

The main reason was the severe inflation in the Eurozone over the past few years, and the overall slumping economy led to a decline in demand for consumer goods.

Wang Junsheng locked himself in the office for five or six hours.

At this moment, he appeared unusually calm.

He knew what this signified.

It meant that a license previously valued at four or five billion might now be worthless.

With the lesson learned, it’s unlikely they could make money overseas in the future.

Other orders weren’t enough to cover the cost of running the production line.

He guessed that it was highly likely Li Yang and Bai Qing knew about this in advance. Although the response and signing were today, knowing the situation of that foreign company in advance was entirely possible.

He had fallen into a massive pit.

This pit would bring him to complete ruin.

He tried contacting He Jian and his group, but there was no response; they seemed to have vanished from the world.

He had to find an escape route for himself, while the news hadn’t spread yet.

Of course, he would also do his best to cover up the news and buy time.

He certainly couldn’t sell the license, as the other party would definitely want to inspect the goods.

Initially, he wanted to experience managing a public company, but now he didn’t feel like it at all.

The funds he had were leveraged; if Green Water Group’s stock plummeted, it could explode at any time, leading to financial ruin.

Given Green Water Group’s current situation, a margin call was inevitable; the only thing he could do was to transfer some wealth before it happened.

He made a call to Liu Zhengxiong.

"President Liu, hello, hello. I really appreciate your selfless assistance this time, helping Junsheng Capital through this crisis. After reorganizing over the past few days, I found Green Water Group’s profitability to be unprecedentedly strong. By eliminating unnecessary elements, there would be at least 400 million in net profit each year."

Liu Zhengxiong on the other end of the line was shocked.

Green Water Group was actually doing that well?

Fuguang Group only had around 200 million in net profit a year.

Wang Junsheng: "Yes, you can actually review Green Water Group’s annual reports. Their revenue is quite stable, with the customer base remaining unchanged for nearly twenty years. I looked into a few companies here, and the highest offer was forty-five billion. Considering your lifesaving help and the fact that you also benefit from this, I wanted to notify you before selling; if you’re not interested, I’ll start discussions with other companies over the next few days."

On the other end, Liu Zhengxiong remained silent.

A net profit of 400 million a year!

Damn, exporting is indeed highly profitable!

"President Wang, how about you send me more realistic data? I’ll need two days to consider." Liu Zhengxiong knew Green Water Group couldn’t be too bad, but a net profit of 400 million needed verification.

The data Wang Junsheng sent would be used for comparison, to see what was really going on with Green Water Group’s financial statements and profits.

"Alright, I’ll organize it for you right away."

...

Liu Zhengxiong didn’t sleep all night.

After seeing Green Water Group’s real financial statements, he was stunned.

The Bai Family was truly willing to let go, with eight minor shareholders consuming 200 million in profits every year and even allowing those minor shareholders to run wild, needlessly adding nearly another 200 million in expenses.

What kind of idiocy is this!

Holding such a gold mine, yet ending up like this.

If it were him, he’d have kicked out all the disobedient ones long ago.