OBS Chapter 562 There must be a powerful backer behind him.
Chapter 562 There must be a powerful backer behind him.
As they were talking, Wang Ergou rushed over.
"Xiangyang! I heard someone came to your house and caused trouble last night?" Wang Ergou asked breathlessly.
"It's alright, it's all taken care of." Li Xiangyang briefly explained what happened last night.
After hearing this, Wang Ergou gritted his teeth: "These bastards actually dared to come to your house! Xiangyang, should I take some men and teach them a lesson?"
"Don't be impulsive," Li Xiangyang advised. "We absolutely cannot break the law. Go find Daqiang and the others, protect our family, and I'll continue to put pressure on them and try to bring them down as soon as possible."
That morning, Li Xiangyang convened a meeting with the factory's main management personnel.
"You've probably all heard about what happened last night," Li Xiangyang said bluntly. "This shows that our competitors have panicked and started resorting to underhanded tactics."
Ma Qingfu said worriedly, "Xiangyang, what if they have another trick up their sleeve? Should we...?"
"Should what? Back down?" Li Xiangyang interrupted him. "Fatty Ma, think about it, if we back down now, do you think they'll let us off the hook?"
Ma Qingfu thought for a moment, then shook his head: "No."
“That’s the point.” Li Xiangyang looked around at everyone. “Since we’ll have to face this sooner or later, let’s take the initiative. Starting today, we’ll increase the purchase price by another five percent, and at the same time, we’ll send people to establish purchase points in more distant areas.”
Accountant Wang raised her hand: "Mr. Li, if this continues, our costs will increase significantly, putting immense pressure on our finances..."
"I'll figure out the funding," Li Xiangyang said firmly. "Everyone just needs to follow the plan."
After the meeting, Li Xiangyang went to his office alone, picked up the phone, and dialed Lao Kang's number in the provincial capital.
"Boss Kang, it's me, Li Xiangyang."
"President Li! We just met yesterday, and you already have news today?" Old Kang's voice sounded very excited.
"There is something I'd like to confirm with you," Li Xiangyang said in a low voice, "Do you also have business dealings with Jinyuan Industrial?"
There was a few seconds of silence on the other end of the phone before Lao Kang spoke: "Why is Mr. Li asking this?"
"I heard they've been having some cash flow problems lately, and I'd like to confirm if that's true," Li Xiangyang probed.
"Well..." Old Kang seemed hesitant. "Mr. Li, there are some things that are inconvenient to discuss over the phone. How about this, if it's convenient for you to come to the provincial capital, we can talk in person?"
"Okay, I'll go tomorrow."
After hanging up the phone, Li Xiangyang seemed thoughtful. Lao Kang's reaction confirmed his judgment: Jinyuan Industrial did indeed have financial problems.
In the afternoon, Li Xiangyang received another call from Liu Jianjun.
"Xiangyang, I heard someone caused trouble at your house last night?" Liu Jianjun's voice was full of concern. "I've heard about it too. The county is taking it very seriously and has instructed the law enforcement bureau to investigate thoroughly."
"Thank you for your concern, Director Liu," Li Xiangyang said gratefully. "I believe the law enforcement bureau will give us a fair outcome."
"You also need to be careful," Liu Jianjun instructed. "Also, regarding the project, the county's attitude remains unchanged: we hope you will compete fairly and do a good job on the project."
"Don't worry, we will definitely follow the rules."
That evening, while Li Xiangyang was having dinner with his wife at home, he suddenly heard Xiao Bai (a dog) start growling again in the yard.
But this time it wasn't because of strangers, but because the village party secretary, Old Zhang, had come.
"Is Xiangyang home?" Old Party Secretary Zhang's voice came from outside the courtyard gate.
Li Xiangyang hurried out to greet him: "Secretary, what brings you here? Please come in."
Old Party Secretary Zhang entered the courtyard, his expression grave: "Xiangyang, I heard someone caused trouble at your house last night?"
"Yes, that's true, but it's all been resolved." Li Xiangyang helped the old Party Secretary into the house and sat him down.
"Resolved?" Old Party Secretary Zhang shook his head. "Xiangyang, I've lived this long and seen a lot. This kind of thing doesn't just end like this."
Li Xiangyang poured tea for the old Party Secretary: "Secretary, are you worried they might come again?"
“It’s not just that I’m worried they’ll come again,” Old Party Secretary Zhang said, picking up his teacup. “I’m worried that you’re too young and don’t understand the implications.”
What do you mean?
Old Party Secretary Zhang put down his teacup and looked earnestly at Li Xiangyang: "Xiangyang, have you thought about why the other party dared to do this?"
Li Xiangyang thought for a moment: "Because they got anxious?"
"It's not just that they're anxious, but more importantly, they're emboldened," Old Party Secretary Zhang said earnestly. "Anyone who can send people to cause trouble in someone else's home must have powerful backers. Do you think ordinary businessmen would dare to do that?"
These words made Li Xiangyang's heart tighten. Indeed, no matter how fierce normal business competition is, it shouldn't have escalated to this point.
"Secretary, what do you mean?"
“What I mean is, you need to be more fully prepared,” Old Party Secretary Zhang stood up. “Tomorrow I’m going to the county to talk to some old friends and get some information. You need to be careful too.”
After seeing off Old Party Secretary Zhang, Li Xiangyang felt even heavier, but no matter who the other party had backing, he had nowhere to retreat now.
The next morning, Li Xiangyang drove to the provincial capital.
Inside Juxianlou, Lao Kang was already waiting in the private room.
"Mr. Li, I've been thinking about what you asked me yesterday all night," Old Kang said bluntly. "Jinyuan Industrial does indeed owe us a lot of money."
"How many?"
"Including principal and interest, it's nearly 800,000." Old Kang picked up his teacup. "According to the contract, the interest payment date is the 15th of next month. If they can't pay, we'll have to exercise our mortgage rights."
Li Xiangyang was secretly delighted, but his face remained impassive: "What are their collateral?"
"The factory buildings, equipment, and some inventory," Lao Kang explained in detail. "The total value should be around 1.2 million."
"If the collateral really needs to be disposed of, what does Mr. Kang plan to do?"
Old Kang glanced at Li Xiangyang: "To be honest, these things are a hot potato for us. We don't know anything about production, so keeping them is useless to us."
"What about the cooperation we discussed before..."
“If Mr. Li is truly interested, the price is negotiable,” Old Kang said in a low voice, “but there’s a condition: Jinyuan Industrial must genuinely be unable to repay the loan.”
Li Xiangyang nodded: "Of course. So, given the current situation, do you think there's a high chance they'll still be able to attend?"
Old Kang gave a wry smile: "To be honest, not really. We've been keeping an eye on their business lately. Revenue has plummeted while expenses are increasing, and their cash flow is already very tight."
After leaving Juxianlou, Li Xiangyang met with two other loan sharks. The information they received was largely the same: Jinyuan Industry's financial situation was indeed dire, and the pressure to repay interest next month was immense.