Chapter 2842 Jiang Lai is a fool

"Hmph!" Jiang's father snorted heavily, then got up, turned around, and left, meaning he would wait and see.

Jiang Haokun wasn't afraid at all!
As I said before, you have to be accommodating before you are reborn. If you are still hesitant and indecisive after being reborn, then you've wasted your rebirth.

Before Jiang's father could take any action, Jiang Haokun convened a board meeting at the company that afternoon in his capacity as chairman.

A luxurious conference room on the 18th floor.

There were over 40 people, including branch managers, group department directors, vice presidents, deputy general managers, and other senior executives!
"President Jiang, everyone's here!" The secretary walked into the office in high heels.

"go!"

Jiang Haokun didn't want to pretend anymore. Suits and shirts could go to hell. As the boss, would he get his bonus docked for wearing casual clothes?

Because those who make the rules are never bound by them!

The meeting room was right next to the office; as soon as I walked in, I could hear the lively discussion inside.

"President Jiang, these people..." The secretary behind him was about to push open the door and scold them.

Jiang Haokun smiled and stopped her: "Don't rush, listen first!"

"Oh my, I really didn't expect that my sister-in-law would be so ruthless, actually giving away her shares to Haokun!" The person in charge of the chain restaurant company is Uncle Jiang.

"Yes, nobody could have imagined that my cousin would distribute the shares to Haokun and Jiang Lai without any warning!"

TV dramas and reality are never the same. In the drama, "Jiang Haokun" is a domineering CEO who seems to have everything under his control. But what Jiang Haokun sees now is the crisis on the other side of the group's prosperity.

Which reputable company has such a group of executives?
There are as many as 12 vice presidents, as well as senior vice presidents, senior advisors, deputy general managers, deputy general managers who also serve as chairmen of the real estate branch, and vice presidents who also serve as chairmen of the hotel company.

With such a group of "trouble-free" relatives, Jiang Haokun actually regretted it at this moment. He thought it would be easier to take some money and start his own business than to argue with these people.

"Bang!" He pushed the door open and entered.

The people in the conference room who had been discussing amongst themselves immediately shut up when they saw Jiang Haokun enter. Using seniority to exert pressure is something that only happens in TV dramas.

If someone acts arrogantly and domineeringly at this time, it's clearly an attempt to make an example of them. Everyone sitting here is shrewd and capable. Even if they wanted to use some underhanded tactics, they would never show it on the surface, but would instead act quietly behind the scenes.

How many lessons have been learned from history?
Does Tiger Hall count?

"President Jiang!" Everyone showed exceptional respect.

"Please sit down," Jiang Haokun said amiably, gesturing for everyone to relax.

After sitting down in the chair, I looked around!

Goodness, half of the 40-plus people present were his relatives, including uncles, aunts, cousins, and brothers. This is a true family business, no wonder it's developing so slowly.

The moment he pushed open the door, Jiang Haokun knew in his heart that this company was completely rotten.

Jiang's father had probably already bet on the real estate industry. The group's subsidiaries included not only Jiayang Real Estate, but also Jiayang Building Materials and Jiayang Property Management. Nearly half of the subsidiaries were already based in the real estate industry.

At this point, the group's debt ratio was already alarmingly high.

There's no way around it; everyone in the real estate business has this problem: no one builds houses entirely with their own money.

The usual approach is to buy land with money, then use the land to take out a bank loan. Once the loan is secured, it's enough to fund the basic construction. As long as the building is up and the construction site is operational, pre-sales can begin. Finally, the buyers' money is used to complete the house construction.

However, this approach has a prerequisite: every step must be flawless, and the overall environment must be favorable. Any mishap, whether internal or external, can easily lead to a collapse, ultimately resulting in the project being abandoned. To salvage it... would likely require a painful and thorough overhaul.

But... is it really worth it?
Why not just squeeze every last drop of his potential?
The Jiang Group is only called that in private; its official name has always been "Jiayang Group," because Jiang's father was named Jiang Jiayang.

Having been reborn, Jiang Haokun doesn't value the "Jiang family" brand that much!
"Ladies and gentlemen, this is my first time participating in a meeting as chairman. Among those present are my elders and Haokun's seniors. I hope that in the future, if you see me make any mistakes, you will not hesitate to point them out!"

"Next, the company will increase its investment in real estate. The primary task is the opening of Liyuan Chunjing. The group will increase its publicity efforts. My goal is to push the real estate company to go public within a year!"

Jiang Haokun's words were truly powerful and resounding!

Everyone present couldn't help but swallow hard. This seemed to be different from what they had expected. They had heard that President Jiang was not very supportive of real estate projects.

This... it's not that I disagree, it's that I completely agree!
There was an undercurrent of tension within the group, and countless phone calls were made after the meeting.

Less than 20 minutes later, Jiang Haokun was summoned home by the "Empress Dowager".

I didn't see the old man at home; he's probably still angry!

"Haokun, do you... have some other ideas?" Jiang's mother rarely lost her temper. Time never diminishes a beauty. No matter how time passes, a person's temperament remains unchanged.

The reason Jiang Haokun was able to gain her support was because he had sincerely explained the importance of the real estate industry and some future trends.

Now they're saying they want to increase investment in real estate? Isn't that a joke?

The old lady was no ordinary person. She had rarely been to the company for decades, but in no time, she handed the company over to her son. Her husband was so anxious that he jumped up and down, but it was no use!
Despite being the founder of a group and having run the company for decades, she managed to seize his weakness with a single move!
This is the wrist!
Even your spouse wouldn't easily believe it.

“Yes!” Jiang Haokun nodded, took the milk the old lady handed him, and took a sip. “Originally, we did want to reduce investment in real estate, but after looking at the group’s debt ratio and the depth of our investment in the real estate industry!”

"It can only be said... the Jiang family is beyond saving!"

Hearing her son say this, Jiang's mother frowned slightly. Although she was the largest shareholder of the company, she rarely interfered in the group's business operations.

Is it really that dangerous?

"Mom, the company's net assets are less than 20 billion yuan, but its liabilities have reached nearly 100 billion yuan, with a debt ratio as high as 50%!"

"Okay, I understand!" Jiang's mother indicated that she understood the situation, picked up her cup, and took a sip of lemon water.

Jiang Haokun didn't continue. The old lady had her own connections, and she would definitely conduct a background check on the group later.

Changing the subject, she asked, "Mom, how's Jiang Lai doing?"

Originally, I wanted to change the subject, but when the old lady heard this, her lips tightened into a line, as if she was suppressing her anger that was about to erupt.

"Your sister is just as troublesome as your dad!"

"It's been investigated and found out. Chen Fang is a complete fraud. Yesterday, we called Jiang Lai to our house to talk about this, but she wouldn't listen to any advice and insisted that our family was deliberately framing her!"

"Yeah, they really are a handful," Jiang Haokun chimed in.

But to everyone's surprise, the next second it backfired.

To be continued...

(End of this chapter)

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