The Super Rich: Start from when the family business is about to go bankrupt!

Chapter 813 WPG's Low-Key Relocation! A Deliberately Decadent Smart Brain Company! How to Thank President An?
It was nearly three o'clock in the afternoon.

An Wuyang and Sui Chunsheng returned to apartment 602, building 12 of Hongkang Peninsula No. 1, where the housekeeping company arrived almost simultaneously to prepare for a thorough cleaning.

Zhong Jiqing bought this large apartment purely for investment and profit, so he has never lived in it for a single day. All the furniture is covered with dustproof film and is in brand new condition.

Another excellent point is that Zhong Jiqing had high standards for the renovation of this large apartment. The 221-square-meter interior space cost 1.8 million yuan to renovate, and it was left vacant for almost two years.

Given that environmentally friendly materials were used during the renovation, and considering the nearly two-year vacancy period, this large apartment is fully environmentally friendly and ready for immediate occupancy.

For example, most of the formaldehyde has already been released, and the current formaldehyde residue has reached the safety standard.

While the housekeeping company was doing a thorough cleaning, An Wuyang and Sui Chunsheng were figuring out what was missing from their new home.

This large apartment is fully furnished, with both soft and hard furnishings provided in a very complete manner.

It includes a large portion of kitchen utensils, and all of them are from top-tier brands.

For example, cookware, microwave oven, oven, dishwasher, etc., are all from top-tier brands.

However, only kitchen utensils are provided; tableware is not included, which you will need to provide yourself.

In addition, there were no bedding items. Although all the bedrooms had bed frames and mattresses, and the mattresses were all high-end King Koil mattresses, there were no bedding items at all.

Obviously, these also need to be purchased independently.

An Wuyang first contacted Song Xiaoli, the Hermes saleswoman at MixC Mall. After the call was connected, An Wuyang quickly stated his needs, asking Song Xiaoli to provide tableware for Sui Chunsheng's new home.

Hermès tableware is indeed very expensive, but the quality is also quite good.

As for bedding, An Wuyang chose two brands.

The main suite features Loro Piana, a brand originating in Italy and currently a top-tier brand under the LVMH Group, which is positioned even higher than LV in terms of prestige.

Their basic cashmere blankets cost as much as 15 yuan!
If a custom-made item is required, the waiting time could be more than two years.

For the second suite, we chose Frette, which is also from Italy. The basic four-piece set costs about 100,000 yuan.

As for the two guest rooms
Sui Chunsheng said that the bedding in the guest rooms could be prepared casually, because she doesn't like friends and relatives to stay overnight, and she would rather let them stay in hotels.

After An Wuyang arranged the purchase of tableware and bedding, he took Sui Chunsheng back to the rented house. They planned to move into their new home that day.

……

Hongkang Island.

Headquarters of Smart Brain Company
The so-called headquarters was nothing more than an office space of no more than 100 square meters, where Jiang Yingyu was trapped.

A dozen or so investors were asking questions all at once.

"Jensen, where's your Daddy?"

Where is Jiang Fangyan?

"What exactly do you intelligent brains want to do?"

"We will exercise our supervisory power to audit and examine all the accounts of Smart Brain Company."

"We also need to examine your research findings!"

Last night, a rumor began circulating in the investment circles of Hongkang Island that Smart Brain Company was unable to attract new investment and was about to face bankruptcy liquidation.

This rumor didn't initially attract much attention, since SmartBrain Company wasn't exactly a star enterprise; it was practically invisible in Hongkang Island's investment circle.

However, with the help of certain individuals behind the scenes, this rumor spread wider and wider, and some investors who had invested in the Smart Brain company couldn't sit still!
Although SmartBrain Company currently has no research and development achievements and no products on the market, at least there is still hope.

What if SmartBrain Company actually succeeds?
Even if the smart brain company fails, as long as the corresponding project has not been definitively declared a failure, the corresponding investment can still be considered an investment and will not be directly included in the loss.

However, if SmartBrain Company really goes bankrupt and is liquidated, then the stocks held by investors will most likely become worthless!
That's why Jiang Yingyu is now being blocked at the door by investors.

Faced with investors blocking the door, Jiang Yingyu calmly responded, "Uncles and elders, please be quiet. I know you've probably heard some rumors, but on behalf of Smart Brain, I assure you, we have no intention of going bankrupt or undergoing liquidation!"

"In addition, our research is nearing success, so please give us a little more time!" Jiang Yingyu added.

Jiang Yingyu is really speaking the truth!

The "Smart Brain" and "Secretly Crossing the River Before Dawn" certainly don't mean bankruptcy or liquidation!
Furthermore, the collaboration between Smart Brain and Wugengtian is nearing completion, but it will indeed take some time.

Aren't these all true?

Jiang Yingyu would never dare to lie!
Because Jiang Yingyu wants to take back the shares that Smart Brain Company previously released, if he uses lies and deception to deceive people, he will be easily investigated afterward.

Therefore, Jiang Yingyu was telling the whole truth.

"Where did your father, Jiang Fangyan, go?" an investor who looked to be in his forties asked again.

“Uncle Haiyi, my dad is doing research,” Jiang Yingyu replied.

This investor, Zhou Haiyi, invested a total of HK$840 million and ultimately acquired a 3.2% stake.

"But I heard that your Smart Brain Company doesn't even have one million Hong Kong dollars in its account?" another investor asked.

This investor is named Guo Zhongyang, representing BEA/Bank of East Asia.

Although Bank of East Asia only participated in one round of investment, the investment amount was relatively high, totaling HK$2600 million, holding a 6% stake.

"Your Smart Brain has been established for twenty years, and to this day, you only have thirteen employees." Guo Zhongyang listed the number of employees at Smart Brain Company.

"Furthermore, according to our investigation, you do not have a fixed R&D center," Guo Zhongyang continued.

"At the same time, you haven't conducted any clinical trials." Guo Zhongyang paused slightly. "To be precise, your experimental progress has been stuck at the animal testing stage, and it's been like this every single time."

“There are rumors circulating that your Smart Brain Company is preparing for bankruptcy liquidation. Considering the relevant circumstances of Smart Brain Company, we have to suspect that this is true!” Guo Zhongyang stared into Jiang Yingyu’s eyes.

Jiang Yingyu sighed and replied, "Okay, okay, I'll tell you the truth!" "Our AI brain has indeed encountered a little trouble. Our cash flow is slightly strained, and we need more financing to invest in research and development." Jiang Yingyu continued to speak frankly.

When Guo Zhongyang heard Jiang Yingyu mention wanting more funding, he scoffed, "Jensen, who among us do you think would still invest in you?"

SmartBrain Company is indeed facing cash flow problems!
As for whether they could raise more funds, not only did Guo Zhongyang scoff, but Jiang Yingyu himself was secretly laughing to himself.

If what Guo Zhongyang said is true, why would a company like SmartBrain want to raise funds under these circumstances?
That would indeed be quite difficult.

However, Jiang Yingyu had her own methods.

In this day and age, there is a classic saying: "Those who owe money are the bosses!"

For investors, isn't SmartBrain Company just like a debtor who owes them money?

Although SmartBrain Company also gave up equity, the problem is that if SmartBrain Company goes bankrupt and is liquidated, wouldn't the corresponding shares be useless pieces of paper?

"Uncles and elders, please seriously consider my request for financing. After all, our Smart Brain Company only needs a little funding to get through this difficult time, and your investment is the only way to create the future," Jiang Yingyu said, seemingly as a reminder.

However, this is a threat!
His meaning was clear: investors needed to give more money to save SmartBrain, otherwise their investments would be wasted if SmartBrain collapsed.

Faced with such shameless threats, how could investors possibly compromise easily?

Will you invest in SmartBrain Company again?
impossible!

The Smart Brain company is now a complete mess, and any further investment will be futile.

Faced with Jiang Yingyu's shameless attitude, many investors had no choice but to curse and complain, and ultimately had to leave SmartBrain Company.

However, after these investors left SmartBrain Company, the company became infamous throughout the financial investment circle of Hongkang Island, making it extremely difficult to raise funds again.

In short, SmartBrain is digging its own grave!
In fact, this self-destructive tactic was deliberately orchestrated by Jiang Yingyu.

How could Jiang Yingyu not know that threatening investors with the mindset that "being in debt makes you the boss" would only cause them to completely abandon Smart Brain Company?

But what Jiang Yingyu wanted was for investors to completely abandon SmartBrain Company!

Only when investors completely abandon SmartBrain Company will they have the opportunity to reclaim the shares they previously issued, or even buy them back at a very low price.

Actually, there's an even simpler way to reclaim the shares!
That means proceeding directly with bankruptcy liquidation.

SmartBrain is an unlisted company. If it chooses bankruptcy liquidation, coupled with its current insolvency, the corresponding equity will inevitably become worthless.

Once the bankruptcy liquidation of SmartBrain Company is completed, the founding team can re-register SmartBrain Company and thus be reborn.

However, according to the laws of the Hong Kong Island area, a company name that wants to restart bankruptcy liquidation needs to undergo a cooling-off period of twelve months.

In addition, the laws in the Hongkang Island area also enforce the principle of 'piercing the corporate veil'. If [New Smart Brain] Company uses the resources of [Old Smart Brain] Company, including customer base, patented technology, etc., then it will be held accountable again to settle previous debts.

However, this trouble poses no threat to SmartBrain Company!

Because SmartBrain Company doesn't have a customer base or patented technology.
It seems they lack core patented technology!
More importantly, after the bankruptcy liquidation, the most valuable historical assets of SmartBrain Company will be completely wiped out.

Currently, SmartBrain Company has two core values. The first is the value of its historical accumulation since it was founded in 2002. SmartBrain Company is a company that has been operating for twenty years.

Once in partnership with WiseBrain Pharmaceuticals, WiseBrain can openly and legitimately advertise its continuous R&D investment over the past two decades.

Secondly, there's the qualification to be listed on Hongkang Island!

Ruizhi Pharmaceutical R&D Company is a startup and is not qualified to be listed on the A-share market or Hongkang Island. It needs to use Zhihui Brain Company as the listing entity.

As for listing on Hongkang Island through a backdoor listing, the problem is that it also costs money, and a lot of money at that.

Furthermore, it's uncertain whether one can actually acquire a useful shell company through a shell acquisition.

The Smart Brain Company and the Wise Project are a match made in heaven. Their research projects are almost identical. It would be the most suitable choice for Wise Pharmaceutical R&D Company to go public on Hongkang Island through the Smart Brain Company.

Therefore, unless there is absolutely no other way, Jiang Yingyu will not allow Smart Brain Company to enter the stage of bankruptcy liquidation.

However, others were unaware of the private collaboration between SmartBrain and Wugengtian.

This is the information gap!

In order to regain control of the shares, Jiang Yingyu resorted to underhanded tactics, lobbying around the financial investment circles on Hongkang Island in an attempt to secure corresponding investments.

However, Jiang Yingyu's shady tactics of threatening investors had already been spread by those investors, so how could he possibly get investment in the financial investment circle of Hongkang Island?
One of the investment representatives, who was in his forties, bluntly stated, "Jensen, your Smart Brain Company's reputation in the Hongkang Investment community is completely ruined. You won't be able to attract any investment."

"As for McConnell Island, I don't recommend you try it either, because there's frequent communication between us there, and your reputation has spread there," the investment representative added.

"I have a sincere suggestion for you: you could try your luck in mainland China. Use your storytelling talent, and make your R&D data and market outlook reports look good. Maybe someone will invest in your smart brain." The middle-aged investment representative offered this advice.

Jiang Yingyu was secretly surprised when faced with this suggestion.

Because Jiang Yingyu actually broke the deadlock in this way, she privately contacted Wu Gengtian and won his support.

……

When the reputation of Smart Brain Company was ruined on Hongkang Island, An Wuyang happily moved into the new home with Sui Chunsheng.

Sui Chunsheng took various photos in her new home, including some information from the property certificate. Slightly embarrassed, she asked, "Ms. An, may I post another one on my WeChat Moments?"

“Of course!” An Wuyang agreed.

Sui Chunsheng immediately kissed An Wuyang on the cheek, "Thank you, President An!"

An Wuyang chuckled and hugged Sui Chunsheng, "You've been thanking me all day, but you're thanking me in the wrong way!"

Sui Chunsheng snorted, "Then, Mr. An, how should I thank you?"

Faced with Sui Chunsheng's provocation, how could An Wuyang let her off so easily?
The master suite's bathroom has a double bathtub!
An Wuyang picked up Sui Chunsheng in a princess carry and carried her to the main suite. Sui Chunsheng did not struggle at all. Instead, she wrapped her arms around An Wuyang's neck and looked at him intently.

At this moment, An Wuyang seems to be the sun in the heart of this sunflower that grows with spring!
(End of this chapter)