Earning 100 million a day, yet trapped in a county town.

Chapter 45 The Scammed Investors

Wang Guanxi smiled but didn't reply.

Dong Chenggang stopped being polite, picked up a stack of documents from the table, flipped through a couple of pages, and got down to business.

"Mr. Wang, Mr. Zhong should have told you about the situation at Jiangdong Garment Factory. Let me give you a more detailed explanation so you can see if there's anything you don't understand."

He pushed the document in front of Wang Guanxi.

"Jiangdong Garment Factory has a registered capital of five million yuan, covers an area of ​​fifteen acres, and has a factory building area of ​​approximately eight thousand square meters. The main equipment is the garment production line, which includes sewing machines, cutting machines, and ironing equipment. Although it has been used for many years, it is still usable."

Wang Guanxi flipped through the documents without saying a word.

Dong Chenggang continued, "The biggest problem now is not assets, but debts. The factory owes more than 3.7 million yuan in wages to more than 130 workers, and about 2 million yuan in payments to suppliers. The boss has absconded and cannot be contacted. The government cannot bail out these debts, so we hope that a strong company can take over."

"What are the conditions for taking over?" Wang Guanxi asked.

Dong Chenggang glanced at Zhou Mingyuan, who then opened another document.

"The conditions are very simple," Dong Chenggang said. "As long as the acquiring party pays off the workers' wages, the factory buildings, equipment, and inventory of Jiangdong Garment Factory will all belong to the acquiring party."

He paused, then emphasized his words.

"In addition, the government has allocated an extra 100 acres of commercial land, rent-free for five years. The location is right next to the Jiangdong Garment Factory. It is currently vacant land, but the planning has been completed. It has convenient transportation and great potential for the future."

Wang Guanxi tapped his fingers lightly twice on the table.

One hundred acres of commercial land, rent-free for five years.

These conditions are indeed quite generous.

"The workers' wages are over 3.7 million?" Wang Guanxi confirmed the figure.

"Yes, to be precise to the last digit, it's three million seven hundred and eighty-four thousand six hundred yuan," Zhou Mingyuan said.

"What about the supplier's payment?"

"We don't need to take over the square tubes," Dong Chenggang waved his hand. "Let the suppliers get their money back from the absconding bosses. The government only requires that the workers' wages be settled; that's the bottom line."

Wang Guanxi nodded, not in a hurry to express his opinion.

He closed the file, leaned back in his chair, and looked somewhat troubled.

"Director Dong, to be honest, I suffered a loss when I made an investment in Jiangcheng last time."

Dong Chenggang frowned slightly.

"Oh? What's going on?"

Wang Guanxi sighed and began to embellish the story.

"There was a garment factory whose owner owed money to loan sharks. I lent him the money to pay off the loan, and we agreed that he would transfer the factory to me in return. But after I gave him the money, he went back on his word and refused to acknowledge the debt. My two million yuan went down the drain."

He didn't mention that the garment factory was Chengda, nor did he say that the boss was his stepfather; he simply portrayed himself as a victim of fraud.

Dong Chenggang's face darkened after hearing this.

"Is that so?"

He glanced at Zhou Mingyuan, his tone becoming serious.

"Section Chief Zhou, please make a note of this. The government cannot sit idly by and ignore companies that don't keep their promises. Look into the situation, hold talks with those who need to be talked to, and expose those who need to be exposed. We can't let people like this ruin the business environment of Jiangcheng."

Zhou Mingyuan nodded quickly: "Yes, Director Dong, I'll arrange for someone to conduct a thorough investigation after I leave!"

Dong Chenggang turned back to look at Wang Guanxi, patting his chest earnestly and guaranteeing:

"Mr. Wang, rest assured, with me, Dong Chenggang, here, such things that harm investors will never happen again in Jiangcheng. You can invest with complete peace of mind!"

Wang Guanxi smiled and politely replied, "With Director Dong's words of reassurance, I'm relieved. I believe that with you here, Jiangcheng will definitely get better and better, and the investment environment will become increasingly favorable!"

With things at this point, the two sides didn't beat around the bush any further and reached a consensus on the spot to acquire Jiangdong Garment Factory.

For the next two hours or so, the discussion focused entirely on details.

Asset appraisal, debts and liabilities, land allocation, tax registration, worker wage payment plan, handover timeline...

Let's discuss each point one by one.

Wang Guanxi isn't too picky about details; as long as the overall direction is right, he doesn't care about small amounts of money.

However, Dong Chenggang is very particular about details, and he has to check each item three times before approving it.

Zhou Mingyuan kept taking notes, his hand almost breaking from writing.

Cecilia Cheung was also taking notes, but she focused on when Edison Wang nodded, when he shook his head, and when he remained silent.

She noticed that the moments when Wang Guanxi would fall silent were often when the conditions proposed by the other party were questionable.

She wrote down this pattern, thinking she would use it during future negotiations.

At 5:30 p.m., the plan was finally finalized.

Dong Chenggang stood up, closed the document in his hand, and wore a relieved expression.

"Mr. Wang, I've asked Section Chief Zhou to expedite the contract process. It will be delivered to you by the day after tomorrow at the earliest, and the day after that at the latest."

"Okay, thank you for your hard work, Director Dong." Wang Guanxi nodded in response.

After the meeting, Dong Chenggang warmly invited Wang Guanxi and Xie Baizhi to stay for a celebratory meal.

At the dinner table, the two praised each other. Dong Chenggang praised Wang Guanxi for being young, promising, and having great courage, while Wang Guanxi praised Dong Chenggang for being efficient and considerate of the people. The atmosphere was very harmonious.

. . . . . .

The meal was a pleasant one for both the host and guests.

After seeing Wang Guanxi and Xie Baizhi off, Zhou Mingyuan drove Dong Chenggang home.

Sitting in the back row, Dong Chenggang was a little drunk, but his mind was still very clear.

"Mingyuan".

"Director Dong, please speak." Zhou Mingyuan turned around from the driver's seat.

"Get the Jiangdong Garment Factory matter settled first thing tomorrow morning. The asset appraisal report, land allocation documents, and draft contract should all be ready by the day after tomorrow."

"clear."

"Also," Dong Chenggang paused, "go and find out about the clothing factory dispute that Wang Guanxi mentioned. Find out which company it is, what their background is, and why they took the money and are now denying their obligations."

"We can't allow anyone to exploit loopholes in Jiangcheng's business environment," Dong Chenggang said emphatically. "People coming back from Shanghai to invest is a sign of respect. If we discourage them, who would dare to come?"

"Don't worry, Director Dong, I'll check it out tomorrow and make sure it's done without delay!"

Dong Chenggang hummed in agreement, leaned back in his seat, and closed his eyes, but he didn't fall asleep.

Something else was on my mind.

According to him, Wang Jiming, the deputy director of the development zone police station, had spent most of his life in the public security system and his case-handling ability was beyond question, but he just couldn't get promoted.

Why?

It's because he's too upright.

They don't know how to get along with people, how to take sides, or how to curry favor with their superiors.

Yan Zhaoxiong has been the director for many years, and he's been steady and reliable, but when it comes to getting things done, he's really not as good as Wang Jiming.

Dong Chenggang opened his eyes, glanced at the streetlights outside the window, and had an idea.

Attention all die-hard fans of author 7RFrmN! The latest chapter of "One Hundred Million a Day, Yet Trapped in a County Town" has been released!