After some thought, Ji Yang dialed Chu Shuyuan’s number, as he really wanted to ask her about the matter.
Chu Shuyuan answered the call and said, "You’ve received the news so soon?"
"Yes, there’s some information I want to discuss with you. First of all, it’s about the hot springs and the waterfall projects, which you know were the Wu Family Sisters’ property but were later taken over by the Chu Family."
"Ah, what did those two little lovers of yours say?" Chu Shuyuan had, since becoming even closer to Ji Yang, asked about this in bed. Ji Yang did not refute her.
Regarding this matter, Chu Shuyuan, after being brought by Ji Yang to the brink of losing her life multiple times, understood that she alone could never satisfy Ji Yang and chose not to interfere with the women he kept in secret.
Ji Yang ignored her teasing and said seriously, "There’s a way to handle this. We could transfer the Chu Family’s bank debts to the Wu Family Sisters, and let them handle the repayments going forward. By doing this, the Chu Family can extricate themselves quickly from these projects."
"That is a good idea, but if it’s just that, I suspect they won’t have the capital for further development. Also, the pressure from bank repayments could become much greater."
"They can bring in more investment. When the time comes, the investors agree to contribute tens of millions to buy shares. Don’t worry about that."
"Alright, the Chu Family is looking to get out quickly. If all those projects are settled, they will be able to break free swiftly, which is a good thing. They owe you one for this."
"That’s one thing, but there’s something else I wanted to talk about."
"It’s regarding the medicine factory. Today I heard some insider information. The factory was established last year, and at the time they started producing by purchasing some rice and medicinal materials. However, last year, for various reasons, they didn’t distribute any profits to the shareholders, even claiming that they were at a loss or something and spent it all on research. No matter how much they research, the shareholders see a large amount of liquor being sold off."
"I know a bit about that. They said that most of it was used for research."
"Sister, you’re just a branch of the Chu Family, and probably you don’t know the true state of affairs. What I’ve learned is that there hasn’t been much research at all, and a large volume of liquor has been sold to external parties. That’s not the main issue, though. The key problem is that they don’t let the shareholders see the accounts, simply taking their word for it."
"There’s more to it than that?" Chu Shuyuan was somewhat surprised.
"Additionally, this year, with the encouragement for everyone to plant crops, everyone grew the required rice and medicinal materials. However, they offered the village a very low purchase price, produced a large quantity of liquor for sale, and again did not allow the people to check the accounts. They claimed everything was used for ’research,’ which they said was very difficult and resulted in losses. You know that Wushu Village residents own five percent of the shares, and without seeing any profits, they are starting to make a fuss now."
"How can they do business ?"
Chu Shuyuan really didn’t know that such things had happened.
"Wait for me, I’ll make a call to ask about this." Newest update provided by novᴇlfire.net
Ji Yang waited patiently.
After some time, Chu Shuyuan called back and sighed, "Yang, I didn’t handle this situation well. The Chu Family’s situation is complicated, as you know. We are just a branch, controlled by others. Last year’s sales were indeed substantial, but they didn’t distribute dividends. This year was supposed to be the year of sharing the profits, but it seems several families have set their sights on the benefits of those medicinal materials. They plan to swallow all the winnings and leave the resulting problems for whoever takes over. They are up to no good!"
Ji Yang said, "No matter what they’re up to, the interests of the shareholders shouldn’t be affected, right?"
"I’ve raised this issue too, but unfortunately, I don’t have much say. I tried to negotiate, and the Chu Family can offer something: to abolish the clause preventing the medicine factory shareholders from selling the technology externally. Then they can produce on their own, unaffected."
Ji Yang understood immediately. Knowing that they couldn’t hold onto the medicine factory, the Chu Family also had thoughts of creating trouble. If everyone has the right to sell the technology, then there would be no problem producing this type of rice wine anywhere, which also means solving the problem of the Wu family having the technology but not being able to make money from it.
"Sister, things shouldn’t be done this way; after all, the shareholders’ interests have been harmed."
"I’ve done my best to fight for this matter, but unfortunately, I’m powerless. Some people just want to disrupt the market there. Since the Chu Family is withdrawing, they think the more people know the rice wine technology, the better. They want to prevent those who take over from making a substantial profit."
"Well, let them amend the contract content quickly. Since that’s the case, everyone is free to decide how to sell or transfer the technology externally."
"They are more eager than us to get this done. It has already been set in motion, and within the next day or two, this should be settled. Actually, this is also good. At that point, everyone can just do their own thing."
After ending the call, Ji Yang dialed Wu Changshan’s number and discussed the situation with him.
Ji Yang believed Wu Changshan and the others would certainly know what to do next.