209: Chapter 208 I choose... to win!
Seeing Chen Zhongxuan nod, the corner of young man's mouth curled into a smile once again.
So this is the legendary Chen Zhongxuan who has fought a hundred battles and won a hundred victories? A business legend, a capital nemesis?
He is nothing special after all.
In the face of absolute power, isn't he still bowing his head obediently?
Although Chen Group can be considered a medium-to-large conglomerate, it is nothing in front of Maple Leaf Capital.
They only had to use a small trick, just lift a finger, and Chen Group was thrown into chaos, forced to take risks and sign a betting agreement to fight for a glimmer of hope.
From a certain perspective, this is no different from small fry in the capital field speculating and leveraging.
This era is, after all, the era of capital.
However, such a perfect plan still had some flaws.
young man felt a slight tinge of regret.
Chen Group had held on for so long under repeated offensives, and almost turned the tables by relying on a small company that appeared out of nowhere; this was something they hadn't anticipated, forcing them to step onto the stage prematurely.
Fortunately, the time the contract was signed was short enough, leaving Chen Group insufficient time to ferment and continue accumulating capital.
Now, the overall situation is settled.
As for this Frontier Technology Co., Ltd. that suddenly popped up...
young man revealed an inscrutable expression.
Once Chen Group is dealt with, I will deal with you slowly next.
"Chairman Chen." Beside young man, another slightly older young man continued, "If you have no questions, Qianhuan Group needs to coordinate with you today regarding the personnel who will be stationed there."
"After they are stationed, all financial accounts of our investment in your company must be approved by the financial supervision team, and the scope of fund usage will be strictly limited.
We hope you can open up all your company's recent investment and asset acquisition accounts for us to screen, so as to rule out situations where investment funds are used outside the agreed scope. For example..."
young man paused slightly and continued, "Used for repaying bank loans, etc."
Chen Zhongxuan's expression sank slightly: "Qianhuan Group is also one of the top comprehensive conglomerates. Why? Are you so desperate?"
"We cannot help but be desperate." young man from Qianhuan Group was expressionless: "According to our understanding, your company took out a 20 billion loan from the bank last year using real estate as collateral, with an initial repayment of 5 billion, which is about to mature.
We do not want our investment funds to be used for such useless purposes."
They have targeted Chen Group's Achilles' heel.
Director Chen Yuren felt a bit helpless.
For a large conglomerate like Chen Group, it is impossible not to have debts.
Not having debt means a break in capital flow, which is thousands of times more terrifying than bearing debt; after all, no matter how many assets one has, liquidity takes time.
But debt also needs to be controlled; 20 billion, even if only 5 billion needs to be repaid initially, is a huge burden for the current Chen Group.
Once it cannot be repaid, a debt crisis will inevitably break out, and even if Chen Group can recover, it will be severely damaged.
Director Chen Yuren looked at his brother-in-law.
Chen Zhongxuan's expression was uncertain, and he said coldly: "Since your company is able to understand Chen Group's debt situation at the bank, you must also know what the consequences will be for Chen Group if this money cannot be repaid on time, right?
Your company holds 25% of Chen Group's shares; if it causes stock market turmoil and the share price falls, Qianhuan Group will also suffer losses."
young man from Qianhuan Group did not speak, but turned his gaze to the side.
"Chairman Chen."
young man from Maple Leaf Capital sneered: "Chairman Chen need not worry about Qianhuan Group's affairs; we will resolve them ourselves.
Moreover, Qianhuan Group only accounts for 25% of your company's shares; let alone losing a portion, even if we lost 50%, or even lost it all, we could still afford it.
But the problem is..."
young man raised his head and stared at Chen Zhongxuan, his tone inscrutable.
"Can Chairman Chen and Chen Group afford it?"
Director Chen Yuren was silent.
They could not bear this consequence.
Chen Zhongxuan's expression was grim: "What does your company mean? Please speak directly."
"Things have reached this point, there is really no need to keep beating around the bush." young man smiled: "It's very simple, Chairman Chen, Qianhuan Group is unwilling to give Chen Group a way out, but we, Maple Leaf Capital, are willing."
"As long as Chen Group accepts our capital injection from Maple Leaf Capital, I believe all the difficulties Chen Group is currently facing will be easily resolved."
"Capital injection?" Chen Zhongxuan was slightly surprised: "How much does your company intend to inject?"
young man held up one finger, then changed it to five.
"One hundred and fifty billion!"
On Chen Group's side, there was an immediate sound of gasping.
150 billion! This is enough to buy the entire Chen Group in its prime.
And this is cash!
Everyone knew Maple Leaf Capital was very wealthy with abundant cash flow, but they could never have imagined it would be to this extent.
Director Chen Yuren's expression changed slightly.
Even he understood it now.
This whole thing had been pushed by Maple Leaf Capital from the beginning; their goal, presumably from the start, was the entire Chen Group, and now it was just the time when the dagger was revealed.
But knowing is one thing, what can be done?
When it comes to burning money, who can compare to the company in front of them?
Looking at the whole world, the number of venture capital firms that can compare to this company is few and far between.
They can casually bring out 150 billion, while Chen Group's highest valuation was only around 130 billion.
How to compare? How can they compete?
"Of course, we also have conditions." young man looked at everyone's reactions with great satisfaction and continued: "After the capital injection, we hope Chairman Chen can dissolve the Board of Directors and announce the abandonment of the reserved share dilution rights and the one-vote veto power."
"If Chairman Chen can agree, we will pay 5 billion initially and promise to repay all matured bank and personal debts."
Chen Zhongxuan laughed in anger: "If I don't agree, will your company not pay this 5 billion? And let Chen Group fall into a debt crisis?"
young man smiled, not speaking, but everyone understood the meaning.
"Your company really has a good plan." Chen Zhongxuan sighed slightly and stood up: "You planned it from the very beginning. You must have known that if you came forward, I would have concerns and wouldn't be easily deceived, so you first used Qianhuan Group to make me misjudge the situation and sign a betting agreement with you."
"Then you guided me to contact the Matsumoto family of W Company's China branch. If I'm not mistaken, this Matsumoto must also be your pawn, right? Once I signed the cooperation agreement with W Company, Matsumoto would definitely find a reason to terminate the cooperation, at which point Chen Group's stock would inevitably plummet, and we would lose the first, second, and third items of the betting agreement. By then, the Chen Group shares obtained by Qianhuan Group would not be 25%, but 30%."
young man nodded slightly, his gaze seemingly filled with appreciation.
"30%, huh. If a few more greedy and unprincipled people appear within Chen Group's Board of Directors and sell their shares, the shares you obtain will exceed 30%. If Chen Yuqiong also sells all her shares, you will obtain over 60%."
60%, this is a very terrifying number.
Even for him, Chen Zhongxuan, thinking about it now makes him shudder with fear.
"And then there is today, using the matured debts to force me and Chen Group to concede, making me choose between Chen Group's bankruptcy and being acquired. Am I right?"
young man shook his head slightly, not answering, but the increasingly obvious smile on his face showed his smugness.
"5 billion." Chen Zhongxuan shook his head slightly: "I estimate you will only give us 5 billion, and after removing my reserved share dilution rights, you will use the nominal 150 billion capital injection to completely dilute the shares in my hands, allowing you to fully control Chen Group, and I will never see the remaining 145 billion."
young man clapped lightly, the applause sounding very harsh in the silent conference room.
"Chairman Chen is truly witty; I almost believed this story you concocted."
young man smiled slightly: "Chairman Chen, even if things are as you say, does Chen Group have any other choice? If you choose to accept, we inject capital, and your Chen Group is preserved, just with a change of owner; this kind of thing happens every day in this world."
"If you choose not to accept, we will not inject capital, and you will not be able to misappropriate Qianhuan Group's investment. The consecutively maturing debts are enough to make you explode; I'm sure Chairman Chen knows the power of the leverage effect better than I do. Don't blame me for not reminding you, Chairman Chen; what you lose at that time will be more than just one Chen Group."
"So, Chairman Chen, what are you still hesitating about?"
Indeed, there is nothing to hesitate about.
Chen Zhongxuan sighed slightly: "Whether you admit it or not, you indeed had a good plan, and you almost succeeded."
What does "almost succeeded" mean? In this situation, does Chen Group still want to turn the tables?
young man's smile widened; interesting, he liked this kind of opponent, he liked the feeling of prey already in the net but still struggling to survive.
"But you overlooked one thing, or perhaps your arrogance made you not value this matter." Chen Zhongxuan raised his head, his face having returned to calm.
"If things developed according to your script, I would indeed have no other choice now."
The smile on young man's face faded slightly.
"But life has no script."
Chen Zhongxuan stared at the Middle-aged man opposite him, revealing a smile.
"Now, you cannot give me a choice. I choose... to win!"
"Win?"
The Middle-aged man and young man seemed to have heard a joke, their faces showing mockery.
Chen Zhongxuan did not care; for losers, there is no need to care about their arrogance.
"Now, let me introduce you to today's new guest; he comes from..." Chen Zhongxuan faced the door, his voice heavy as if it had traversed an era.
"Frontier Technology Co., Ltd.!"
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