Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 331 "331" The only one who got hurt was Boss Li, and Guan Zu's short-selling group made a profit of 20 billion!
the following few days,

The investigation team of the "Electricity Price Investigation Committee" "works" directly in the office area of ​​the electric light company in the Cheung Kong Group Building.

Independent office!
The power is so great that you have to give them any information you want to investigate!

Whenever other employees passed by this office, they couldn't help but lighten their steps and dared not breathe, as if this was a horrible forbidden zone for life.

Although the electric light company tried its best to obfuscate the data and prevent the team from finding out, this thing cannot be covered up just because they want to.

And falsifying data? The legal team threatened to send employees to jail or pick up soap, so how could they dare to falsify data?

What's the point of playing with a salary of a few thousand or ten thousand a month?

Boss Li had thought about bribing Luo Deyong and others, but the accounting team was not a united group. A few days were not enough time for them to get together. If one of them leaked the information, everyone would go straight to jail.

They dare not fight for this wealth.

And are you afraid that there will be no benefits if you follow Guan Zu?

In a flash,
4 days passed.

Outside, Electric Light Company fell 41%, while Cheung Kong Group (Land) fell 8% and Qu Yin Paper (Retail) fell 18%.

The reason for the sharp drop in the price of Quintiles was that the high prices of the electric light companies aroused the disgust of many lower-class citizens, causing many citizens to begin to boycott Parker, Wellcome, Quintiles, and 7-Eleven, shaking the foundation of the retail empire.

As soon as the newspapers reported this, Qu Yinzhi's stock price began to fall rapidly, and the determined retail investors were so angry that they started selling their stocks with curses.

Boss Li did not fail to fight back. He paid money to find newspapers to accuse Guan Zu of abusing his power for personal gain, shorting Hong Kong Electric Company, and using the name of the Legislative Council to manipulate the stock market and make illegal profits.

However, Guan Zu had already consulted a lawyer. As long as Guan Zu's excuse was legitimate, it would be legal in Hong Kong Island.

In the end, Boss Li’s publicity was of no use at all.

It made Boss Li feel like vomiting blood.

Then I realized that Guan Zu’s momentum was grand, upright and unstoppable!

As for the audit investigation,
Under the leadership of accountant and senior accountant Luo Deyong, the profits and costs of the electric light company were basically clarified.

……

2:00 p.m.,

Legislative Council Building.

An "Investigation Summary Report" was placed in front of Guan Zu and three councilors.

"HK Electric's expenses include: employee salaries and benefits, operation and maintenance costs, fuel purchases, asset depreciation and amortization, tax expenses, marketing services and other miscellaneous expenses (legal proceedings, donations, etc.)..."

"Below is the expenditure, income, and profit statement..."

Guan Zu and the three councillors took a look.
86-90年，这四年的利润率，分别是：“36%、43%、53%、58%、29%……”

Guan Zu was surprised: "How come in the first and second years, the profit margin was not low, but why was the profit so small? Only 3 million or 5 million? In the next two years, it was more than a billion."

The power expert replied, "To answer Councillor Guan, according to the accounting standards for listed companies, investments are not included in profits and losses. In the past two years, Mr. Li has upgraded the entire power system and spent a lot of money, so the profit margin is not low, but the profit is low."

Guan Zu: "Since it has been upgraded, why did the cable bridge catch fire last year?"

Power expert: "I have asked about this. There was an assessment of the renovation in 85. Most of the upgrades were to the power plant's equipment and old lines that were more than 30 years old... The cable bridge was not among them."

Guan Zu nodded and understood.

Then he asked, "Why did the profit in 1990 suddenly decrease so much?"

Luo Deyong said: "Because last year, the electric light company had a compensation expenditure of 5 million, so the profit margin suddenly dropped to 29%. Otherwise, it should be around 50+%."

Guan Zu suddenly realized: "Oh, I remember now, the cable bridge caught fire, I negotiated on behalf of the citizens and forced Boss Li to pay 5 million Hong Kong dollars."

Everyone: "…………"

Three members of parliament: Member Guan, you are so terrifying!
After a brief meeting,
Guan Zu waved his hand: "Okay, now that the preliminary investigation results are out, let's send this report to Boss Li."

"Let them prepare. Based on the principles of fairness, justice and openness, we will hold a hearing tomorrow and have Boss Li and his team come to the Legislative Council. We will give him a chance to argue his case."

A hearing is generally a comprehensive questioning and evaluation process for a listed company or a court before it opens a trial.

"Yes!!"
Guan Zu looked around at all the members of the investigation team and smiled, "You have worked hard these past few days. When it's over tomorrow, let's go and have fun together!"

"Long live Councillor Guan!"

Some young people cheered.

……

After half an hour,
Cheung Kong Group, Chairman’s Office.

Boss Li was holding the "Results of the Investigation on Electricity Prices" in his hand. Although his face looked grim, he did not lose his temper.

After all, he was mentally prepared.

He said to his secretary, "Give this report to the Finance Department, Operations Department, and Purchasing Department to see if they can find any rebuttals. If so, prepare the materials for tomorrow's hearing of the Electricity Price Investigation Committee."

The secretary nodded: "Yes!"

……

……

a new day,
Legislative Council Building.

Inside the building, there is a spacious and bright conference room with two rows of seats arranged in an orderly manner on the left and right.

Guan Zu sat in the center of the conference table, wearing a neat suit, his tie neatly tied, and his face dignified.

Below him sat three congressmen and members of the investigation team. They all looked focused, well-prepared, and their eyes were filled with eager anticipation.

On the other side is Boss Li's side.

Boss Li sat in the first seat. Although he tried to remain calm, a trace of worry could not be concealed between his brows.

Beside him, his secretary sat upright, and then the heads of the finance, operations, procurement and other departments, as well as his key personnel, also arrived, each bringing with them relevant information and evidence.

In the conference room, the air seemed to be filled with invisible smoke.

In addition,

There was also ATV reporter Le Huizhen and a photographer, who were excitedly standing in a corner, shooting with the camera.

Boss Li frowned and said, "Councilman Guan, there's no need to record the video, right?"

Guan Zu said righteously: "Boss Li, we are gathered here today to conduct a fair, just and open hearing on the issue of electricity prices. We hope that through this hearing, we can thoroughly investigate the facts and give the public a clear answer."

"So, it's best for media reporters to be present!"

Boss Li: “…………”

I don’t know how to refute it.

"All right!"

Guan Zu looked at his watch, 9:30.

"Let the meeting begin..."

After a while, members of the investigation team began to speak one by one, elaborating on the data of the investigation.

As soon as the main force of the Electric Light Company encountered errors in the data, they began to refute.

but,

The general trend cannot be changed. No matter how much they protest, they cannot cover up the profit of 50+%.

Finally, after both sides made full statements and debates, Guan Zu knocked on the table again.

He looked around and said in a firm and powerful voice:
"All right!"

"After today's hearing, we have a more comprehensive and in-depth understanding of the electricity price issue. The data and evidence presented by the investigation team fully reveal the unreasonableness of the electricity price setting by the electric light company. As a public utility company, it has harmed the interests of citizens. This is extremely unreasonable and inappropriate."

Guan Zu's voice echoed in the conference room, and every word was powerful.
“As members of the Legislative Council, we have the responsibility and obligation to protect the rights and interests of consumers.”

"Therefore, based on the results of today's hearing, I will propose that this data be made public so that the general public can understand the truth and the electric light company can be better supervised and inspected by the society."

Upon hearing this, Boss Li's expression changed slightly.

However, he knew very well that at this critical moment, any rebuttal or excuse would be futile.

Guan Zu continued: "Next, we will submit this data and the results of today's hearing to the Legislative Council for further discussion and deliberation. We will explore how to formulate a more reasonable electricity price policy and how to strengthen the supervision and constraints on electric light companies."

"Boss Li, don't worry! The Legislative Council has always been open, fair and just. It will definitely be able to find a solution that protects the rights of consumers and promotes the healthy development of the electric light company."

Boss Li: “…………”

For the first time, he felt powerlessness.

No matter how Guan Zu pretends to be cool or does whatever he wants, he can only endure it silently.

Although the employees of the electric light company had mixed feelings, they also knew that this was the reality they had to face.

Yue Huizhen was so excited that she patted the photographer on the shoulder and said, "Did you take that picture? This is a picture of great historical significance!"

The fat photographer nodded repeatedly: "Don't worry, Sister Zhen, I got it." The meeting ended.

The meeting adjourned.

Boss Li couldn't help but feel angry when he looked at Guan Zu, who had a clear temperament.

Mudd!

At this time, Guan Zu smiled, walked to Boss Li, and whispered, "Boss Li, you sent two undercover agents to my supermarket. This is my return gift to you in advance."

A wicked smile.

Boss Li was shocked: "You know?"

Guan Zu chuckled: "Of course I know, what could you possibly hide from me?"

"By the way, my supermarket will open on October 10th. If you are free, Mr. Li, you can come and broaden your horizons."

Boss Li: “Okay!”

Then he led his subordinates and quickly left the Legislative Council.

As he carried Guan Zu on his back, Boss Li sneered:

2 undercovers? Sorry, I have 7 undercovers! And there is also a Tan Meili!

This time, I'm on the 100th floor!
"On the day of the opening, we'll find an undercover agent to infect the supermarket's system with a virus..."

"Let you open your business!"

Thinking of this, Boss Li, who was originally depressed, began to feel better.

Sometimes the means of competition are so simple and unpretentious.

……

After Boss Li left,

Le Huizhen interviewed Guan Zu again.

"Member Guan, do you have anything to say about this investigation result?"

"This electricity price is undoubtedly extremely high. Next, our Legislative Council will hold internal discussions on this and discuss ways to cap the price... At the same time, we also hope that all citizens can offer suggestions and find a win-win solution."

Win-win?

I, Guan Zu, win, and the citizens win, so tell me if it’s a win-win situation!

After the interview,

Guan Zu asked Le Huizhen, "Are you free for lunch?"

Is this a date?
Le Huizhen's lips curled slightly, but she said, "No!"

Guan Zu: "How about the Shangri-La Hotel?"

Le Huizhen: "They all said no."

Guan Zu: "After dinner, you can go upstairs directly..."

Le Huizhen: “…………”

Punch Guanzu with your little fist.

"You bad guy~~~"

The fat guy next to him: "Eh~~~"

Nuclear emergency alarm jpg
Run away quickly to avoid being killed.

……

……

Next, at noon and in the evening, ATV News reported the findings of the "Electricity Price Investigation Committee".

Citizens across Hong Kong were shocked.

“Is the profit so high?”

“Oh my god, 50+% profit, that’s crazy!”

"This Li guy is really heartless. He keeps raising the price even with such low profits!"

The whole of Hong Kong cursed.

Many citizens also paid attention to what Guan Zu said about "making suggestions and offering advice".

"I have a solution. Limit their profits. Use the remaining profits to subsidize electricity price cuts!"

"I think it would be a good idea to have the electric light company owned by the government..."

"I will write a letter immediately and submit it to the Legislative Council suggestion box."

"What suggestion box? Just call the Legislative Bureau customer service!"

"Can the call be connected?"

“If you can’t get through, complain!”

Citizens across Hong Kong were actively mobilized.

For a time, the Legislative Council’s phone was flooded with calls, and then the complaint phone was also flooded with calls.

……

……

"For our victory!"

"cheers!"

Central, a private club,

Guan Zu, Zheng Daheng, Lin Daheng, and Chef John, the four of them happily raised their glasses to celebrate.

Once this "Electricity Price Limitation Draft" enters the legislative process, it is a train that cannot be turned back, and it has already been approved by the Governor, so it will definitely become a formal bill later.

The stock price of the electric light company will definitely not turn back and will continue to fall!

It’s a sure thing!
When there is no future in profit prospects, its value will be trampled into the mud and spurned by the capital market.

At this time,
The Guanzu system began to sound prompts:

"You pushed for legislation to limit the high electricity prices of the electric light companies, which also affected the electricity prices of CLP Power... It benefited the entire Hong Kong Island and was a great good deed."

"You get the following rewards:"

"Reward 1: Hong Kong support rate +2%!"

"Reward 2: "Work/Study Energy Card (30 days)" * 10! "

"Reward 3: "(Hong Kong Island) Advanced Business Management Talent Card" * 5! "

Guan Zu: “…………”

What a simple reward.

But the quantity is very large, which is great!

This talent card is very useful for Guan Zu. It can greatly enhance the abilities of his subordinates.

Guan Zu, in a good mood, took a sip of wine, his temperament was refined, and his smile was as warm as spring:

"HK Electric has fallen 53% so far, and with leverage, our total capital is as high as HK$30 billion. Our average cost price is at least 50%."

“And the delivery date is next week, and the stock price will continue to fall!”

"That is to say, after deducting the interest, we can still make at least 15-20 billion!"

Zheng Daheng was drunk and said: "It's more comfortable to make money with A-Zu!"

Lin Daheng's face was full of red: "Yes, A Zu is the God of Wealth!"

John next to him, although the president of the Legislative Council, has now become a little karaoke and stands like a minion.

But he was not dissatisfied.

Originally, he was not qualified to join. It was Guan Zu and two other people who teamed up to short sell Boss Li. Now, with Guan Zu's money (the family raised 2000 million, and then leveraged it 10 times, raising 2 million), he has made 8000 million.

Don't be too cool!
Becoming friends with Guan Zu was the wisest decision I had ever made!
"That's right, Mr. Guan is the God of Wealth!"

John raised his glass again and shouted:
"To the God of Wealth!"

Zheng Daheng and Boss Lin laughed and raised their glasses in agreement: "Cheers to the God of Wealth!"

"Cheers!"*4
After tonight, it will be hard not to get rich.jpg
(End of this chapter)