Please Take Care of Me, Young Master Quan - Chapter 50
Chapter 50: Scapegoat
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
When Yi Hong realized the problem, it was already too late.
Hongyun Real Estate declared bankruptcy due to its insurmountable debts, and as a result, the construction of Langhun Villas, one of its ongoing projects, had to be halted. They could only decide its fate after completing the asset liquidation process.
In other words, the eight billion yuan that Yi Hong had invested hadn’t made a ripple yet and was suddenly swallowed by an unforeseen whirlpool, leaving no echo behind.
“…The court insists that they are still in the liquidation phase and remain tight-lipped about other matters. Some small and medium-sized investors can’t hold back any longer; they are discussing putting up banners at the entrance of Hongyun to demand their debts. Should we consider sending someone there to show our stance?” Zhang Cheng carefully chose his words and asked.
Yi Hong sat behind his desk, his expression extremely grim. “Making a fuss won’t help; the court won’t budge.”
Moreover, he had invested eight billion yuan, not eight million. What would be left after the liquidation process was anyone’s guess!
“So, what’s our next move?”
“What next?” Yi Hong chuckled bitterly, a touch of irony in his tone. “Everything’s ruined!”
“How about… asking that mysterious person?” Zhang Cheng suggested cautiously.
Yi Hong’s eyebrows twitched slightly.
Shen Ru’s homecoming drew the family’s focus, granting Shen Wan newfound freedom. Even Shen Yan’s demands on her had dwindled.
As a result, Qingtong Street became her regular haunt.
“He’s here!” Zhou Chi handed her the phone. “It’s someone surnamed Yi.”
Shen Wan raised an eyebrow. “Mr. Yi, good morning.”
“I’m sorry to bother you again.”
“Is there anything 1 can assist you with?”
There was a pause on the other end as if they didn’t expect her to be so direct. “To be honest, I’ve encountered a difficult situation recently.”
“Oh? Please tell me more.”
Yi Hong recounted the investment incident in detail, not concealing the dire straits he found himself in. His candidness impressed Shen Wan.
“…Before bidding on Plot No. 3, most of the group’s liquid assets were already tied up. Given the current circumstances, the company will grind to a halt within two weeks without an infusion of external capital. I’m at a loss, which is why 1 reached out…” He sighed deeply.
In Shen Wan’s understanding, the situation became evident. She recognized that Yi Hong’s current troubles, which had once been a featured lesson in financial magazines during her past life, had now overtaken a devious scheme, concealing a complex network of personal interests.
The author couldn’t help but feel regret for the downfall of this once-prosperous real estate tycoon, who had fallen from the pinnacle of success during an era of prosperity. However, who took notice of the intricate web of personal interests that unfolded in the wake of this turmoil?
Except for Shen Wan.
She had treated this so-called “case” as a cocoon, patiently unraveling it time and time again. She even reached out to the down-and-out Yi Hong to learn the specifics of the situation during that time.
Her efforts paid off. She had discovered traces of Tian Shui Real Estate back then. This time, her direct involvement made her even more certain that Shen Qian was behind the manipulation.
As time ticked away, Yi Hong’s heart sank deeper and deeper during the long silence on the other end.
Finally—
“There is a solution. Either abandon the eight billion yuan you’ve already invested, cut your losses, or spend more money to take over the entire project and become the developer yourself. 1 suggest you consider the second option. Once the villa community is completed, you won’t have trouble recouping your investment.”
Yi Hong smiled wryly. “The group has no more available liquid assets. There’s no way to take over the entire project.”
“Why are you using liquid assets?” Shen Wan chuckled.
“What do you mean?”
“Last March, Hengyi Group acquired Plot No. 7 in the southern suburbs for 2.6 billion yuan to develop North Sea’s third five-star resort hotel. It was even reported in the local news, is that correct?”
“Mr. Wan is well-informed; you’re absolutely right.”
“You can sell that piece of land to Shen Qian. 1 believe the funds you receive will be enough to fill the current hole.”
Yi Hong furrowed his brows even tighter. “I don’t understand. Why did he choose Plot No. 7 specifically? Wouldn’t it make more sense to go after Plot No. 3, the one he wanted?”
“Because…” Shen Wan chuckled softly, “Some information is best kept secret.”
Yi Hong was left speechless.
“Of course, you can sell Plot No. 3 too, but 1 advise against it.”
With that, she hung up.
After careful consideration, Yi Hong decided to follow Mr. Wan’s advice and sell Parcel No. 7.
He stubbornly believed that since the person had helped him once, they wouldn’t intentionally harm him.
The next day, he arranged a meeting with Shen Qian.
Two hours later, they shook hands, and the partnership began smoothly.
As they exited the subsidiary company of Tian Shui Real Estate, Yi Hong couldn’t help but wonder why Shen Qian had agreed. Didn’t he want Plot No. 3?
Meanwhile, Zhou Chi, who had been closely monitoring the situation, had the same question. Luckily, he could ask Shen Wan directly.
“Why don’t you explain…” The handsome young man’s eyes sparkled with curiosity, like two bright stars.
Shen Wan couldn’t resist ruffling his fluffy hair. Well, it felt good.
Zhou Chi blushed profusely.
He’s not a cat…
Afterward, she said, “There’s a saying: ‘When you can’t get what you want, settle for what’s available’, Shen Qian has long coveted the North Sea market, and it has gradually become an obsession. He won’t easily give up. He couldn’t get Plot No. 3, but Plot No. 7 isn’t bad either. He firmly believes that once the Tian Shui Resort is established, it won’t lose to Hengyi’s Sea and Sky Source Resort.”
“But he made that decision so swiftly…” Two hours doesn’t seem like sufficient time for careful consideration.
“It’s not a hasty decision. Back then, before bidding for Plot No. 3, he had already reviewed all the places suitable for building a resort in the North Sea, including the one Yi Hong transferred to him, Plot No. 7.”
Ah, Shen Qian, my dear brother, you’ve put in a lot of effort.
Too bad, you’ll be disappointed.
In the previous life, after Yi Hong went bankrupt, Plot No. 7 was snapped up by a mysterious buyer at a price far above market value. They seemed wealthy but ultimately became a “scapegoat”.
This time, why not let Shen Qian shoulder the burden…
As for that previous “scapegoat”, Shen Wan saw it as a charitable act, assisting without seeking gratitude in return.
You’re welcome..
