In name only: The land of Handong, I shall rule its fate.

"Um?"

Upon hearing You Ruixing's words, Li Dakang turned around and exchanged a glance with Zhang Shuli, who also looked shocked.

"You mean Dafeng Factory is completely in debt? And beyond saving?"

Zhang Shuli disregarded the authority of the "tyrant" and asked directly.

"right."

Yu Ruixing nodded painfully, but his brows and eyes slowly relaxed, as if he had thrown away a heavy mountain and felt free from the bottom of his heart.

"If we're not mistaken, the 400 million yuan Cai Chenggong borrowed from banks and the 150 million yuan he borrowed at high interest rates from the public were all invested in the production and salary payments at Dafeng Factory, right?"

Zhang Shuli asked again.

"To be precise, this 550 million is a loan from President Tsai to Dafeng Factory. Now, with the overdue principal and interest, the bank's debt has reached 560 million, while the social high-interest rate is around 300 million."

"That is, nearly 9 million yuan in debt."

Yu Ruixing replied.

"Are you maliciously obtaining bank loans by falsifying accounts?"

Zhang Shuli, who had dealt with economic crimes for many years, immediately understood the operational process.

Yu Ruixing nodded and then shook his head.

"At first, President Tsai didn't intend to do it this way, but Dafeng Factory was short of money and was about to go out of business. Especially after 01, the group of old workers who held shares could not accept the changes in the market and kept asking for wages, dividends and to support their families. Behind them was Chen Yanshi, the former deputy chief prosecutor of the provincial procuratorate, whom President Tsai could not afford to offend."

"So we can only try to borrow money from banks to keep the company afloat."

"But the loan amounts are getting larger and larger."

"President Cai had no choice but to look for other solutions. At that time, the coal market was booming, so he partnered with Vice Mayor Ding Yizhen and borrowed 80 million yuan at high interest rates to buy a coal mine. Mayor Ding held a 30% stake. But unexpectedly, the coal market took a sharp downturn, and the once-promising business became another debt."

"I can't afford to pay it back at all."

"So Mr. Cai and I discussed going big and making Dafeng Factory's books look even better. We would get loans from four banks: Jingzhou City Bank, Minsheng Bank, China Merchants Bank, and Rural Credit Cooperative. After all, Dafeng Factory is a limited liability company, so the debt belongs to Dafeng Factory and doesn't involve the shareholders."

"We will convert bank loans into our regular dividends."

"Moreover, Chen Yanshi has a hidden stake in the company. He receives dividends, so if something happens to us, he has to protect us. It's like having a layer of protection."

"And so we became bolder and bolder."

"It wasn't until Jingzhou Bank cut off our loans, causing Shanshui Group to be unable to repay its bridge loans, that things spiraled out of control."

But there's always a way out.

"The planning for the Guangmingfeng project has been finalized. We all know that Dafeng Factory does not have land ownership, but others do not. So General Manager Cai decided to take a gamble and encouraged Zheng Xipo and the shareholding workers to persuade Chen Yanshi. So, under Chen Yanshi's guidance, everything that followed happened."

"Secretary Li, I would never dare to falsely accuse two department-level leaders; I have evidence to back them up."

Yu Ruixing's voice grew softer and softer.

"How dare you?"

"You're just a finance person, how dare you assist Cai Chenggong?"

After hearing this, Li Dakang slammed his fist on the table in anger.

"I have no choice!"

"I didn't intend to do this. At first, I just wanted to help the factory and the workers survive, but the number of false accounts kept increasing, and I... I couldn't turn back."

"I knew I was going to go in, but I just wanted to give my parents, my wife, and my children a future of financial security."

Yu Ruixing covered her face with her hands and cried.

"Continue the interrogation!"

Li Dakang grew angrier the more he thought about it. He tugged at his tie, feeling a bit suffocated, but what filled him more was fear.

An ordinary wind factory caused him a huge disaster. Just how many wind factories are there in Jingzhou?

How many things had Ding Yizhen and his men deceived him about?

Li Dakang opened the door to the interrogation room and walked straight back to the municipal party committee building in the same compound. Before he even entered his office, he saw Sun Liancheng, who had been waiting for him for a long time.

"Didn't I tell you to handle the resettlement of the Dafeng Factory employees? What are you doing at the Municipal Party Committee if you have nothing better to do!"

As if he had found an outlet for his anger, Li Dakang immediately began to reprimand:

"Sun Liancheng, you've already taken on the role of Party Secretary of Guangming District. If you're still thinking of being lazy and negligent in your duties as before, and don't want to do the job, just submit your resignation letter, and I'll approve it immediately."

Sun Liancheng instinctively shuddered.

"Secretary Li, I'm here to report on my work."

Sun Liancheng finally seized the opportunity and spoke.

"Come in!"

Li Dakang pushed open the office door.

"Secretary Li, Dafeng Factory currently has 1365 workers and 512 shareholders."

Seeing Li Dakang plop down, Sun Liancheng quickly pushed the documents in his hand over and reported to his superior:

"Following the instructions of the Party Secretary and Governor Lin, I spoke with them separately, explaining the key interests involved. The 853 ordinary workers promised not to participate in the resistance after receiving the resettlement fee. Among them, 10% planned to go out and do business on their own, 35% were willing to join other factories in the process of contacting them, and the rest were willing to do other jobs and participate in the employment skills training courses we provided."

"Among the employees who hold shares, 309 are interested but unwilling to give up their shares, while the others are very stubborn."

Li Dakang looked at Sun Liancheng's report, which was well-organized and even recorded the core ideas of each employee of Dafeng Factory.

The fact that Sun Liancheng has gone from the breakfast social event proposed by Lin Zhiyuan to a maximum of six hours is enough to show that he has some ability.

"Could it be that I really underestimated this cosmic district chief before?"

Li Dakang had a strange thought, and his gaze toward Sun Liancheng now held a newfound approval.

But Sun Liancheng, who had never received Li Dakang's favor, shuddered and almost shrank his neck into his chest in a cowardly manner.

Got it!

Still the same coward.

"Sun Liancheng, I won't make any demands on you regarding the Guangming Peak project, because I know you don't have the ability."

"You need to keep an eye on the 1365 workers at Dafeng Factory. If anything goes wrong before the provincial party committee issues its final decision, I'll skin you alive."

Li Dakang slammed the document onto the table.

"Yes, yes, yes!"

"Secretary Li, I will definitely handle this matter well."

Sun Liancheng, like a rat escaping its cage, dashed out of the municipal party secretary's office.

I dared not linger for even a second longer.

"This Sun Liancheng..."

Li Dakang chuckled, his expression ambiguous, and even the furrowed brow between his eyebrows softened slightly.

"Ding Yizhen...Sun Liancheng...Ding Yizhen..."

Li Dakang kept repeating the two people's names.

Zhang Shuli!

It was as if they had made up their minds about something.

Li Dakang got up from his seat, walked to the window, made a call on his secure phone, and his anger subsided, leaving only a respectful expression.

"Hey, Governor Lin, hello."

"I am Li Dakang. Yes, yes, the Municipal Commission for Discipline Inspection has interrogated Zheng Xipo and You Ruixing from Dafeng Factory. I would like to give you and the Provincial Party Committee a preliminary report on the situation."