President, This Is Really a Misunderstanding! - CH 39

Chapter 39: I’m the General Manager

“I saved a huge loss for the company.” Facing Jiang Ming’s roar, Zhou Xuan said calmly.

“Save from a huge loss?” Jiang Ming said angrily. “I think you don’t want my performance to surpass yours. That’s why you did this, right? Do you know that this is a billion-dollar deal?!

“This is a once-in-a-lifetime opportunity!

“Do you know how much the company will receive if this investment is released?!”

Zhou Xuan looked at Jiang Ming, who had been blinded by his performance. He asked expressionlessly, “If we can’t collect the principal, what else can we talk about?”

Jiang Ming glared at Zhou Xuan and asked, “What do you mean by that? Do you know that the company’s influence in Jianghai City and even the whole country can not be recovered? Are you telling me a joke?

“Could it be that a company as big as XT would covet our investment? They could lend tens of billions of dollars at the bank with just a word of mouth. This was giving us a chance! An opportunity to continue working together!”

He looked at Jiang Ming for a while. Zhou Xuan shook his head.

This guy wanted to suppress his performance so that he could take the position of general manager.

Because of this, he had lost his mind.

In this situation, Zhou Xuan couldn’t be bothered to be reasonable.

“XT Technology is a well-known company in this city. I don’t deny it.

“But no matter how big the company is, it’s not like it can’t go bankrupt overnight.

“As for XT, it’s in a hurry to invest this time. I think the situation is very abnormal. It’s very likely that there’s something wrong with them. We don’t rule out the possibility of escaping with our money.”

At this moment, because of Jiang Ming’s roar, many staff members from other departments had gathered around to watch the show.

Zhou Xuan simply explained the reason.

“Miss Mingyue has given me the full authority to invest for the company. I don’t agree to this investment, so this matter is over.

“Everyone else, go back to work.”

Zhou Xuan left without looking at the angry Jiang Ming.

He had come today to instruct the company to take out two of the thirteen stocks and switch to other stocks.

Other than that, there was nothing else.

Something seemed to have happened in the Bai Corporation these past few days. Bai Mingyue had been asked by her father to help out in the corporation, so she didn’t have the time to come to the company.

Zhou Xuan couldn’t be bothered to stay any longer.

After Zhou Xuan left, there were also many people secretly watching Jiang Ming in the audit department.

Jiang Ming and Zhou Xuan were the two bosses of Bright Moon Investment Company.

Today’s boss battle obviously went to the new vice general manager Zhou Xuan.

—

In the auditing department, Jiang Ming’s chest heaved in anger.

He didn’t hear Zhou Xuan’s words.

On the one hand, he really wanted to surpass Zhou Xuan in terms of performance and gain Bai Mingyue’s attention.

On the other hand, from Jiang Ming’s perspective, what Zhou Xuan was talking about was that the company might go bankrupt. It was like a slip-up.

That was an old company that had been standing steadily in Jianghai City for decades!

Close down overnight?

This was simply hilarious!

It was precisely because of the fact that the company was such an established company that Jiang Ming dared to lend money to the company without careful review.

“Chief Jiang… This information.” Yan Xiaoyu, the female employee, said.

She carefully tidied up the documents that Zhou Xuan had torn in half and held them in her hands, wanting to give them to Jiang Ming.

“What are you doing for me?” Jiang Ming glared at Yan Xiaoyu. “It’s just torn in half. Use transparent adhesive to paste it up. Print a new one and sign it!”

“But… Didn’t manager Zhou say…” Yan Xiaoyu stammered.

“I am the general manager! All you have to do is sign. I’ll take full responsibility for any problems!!” Jiang Ming snorted coldly. “Once this investment makes money, what else can Zhou Xuan say?

“It’s just that Miss Mingyue hasn’t had time to manage the company these past few days. Otherwise, how could this guy dare to be so arbitrary!”

After he finished speaking, Jiang Ming sneered.

After this investment received a huge return, he had to use this matter to inform Zhou Xuan.

—

On the other side, Zhou Xuan left the company and went to the bank.

Once he entered the bank, he found a staff member at the counter.

“Hello, I’m from the XT Technology Company. I’d like to ask, when will the loan from our company be approved?”

“XT Technology Company, let me see… Your company’s application for a loan is still under examination and approval, and the specific…”

“Okay, it’s fine. I’m leaving now.” Zhou Xuan heard that the loan was under approval and left.

The reason why he came to the bank and said that was to test out if XT had applied for a loan at the bank.

If he was to foolishly ask whether the company had applied for a loan here, the bank staff would definitely not tell him.

Because they would be worried that he was be a competitor of the company.

The bank had an obligation to keep this a secret.

However, Zhou Xuan naturally said that he was a person from the company so he could easily get an answer.

He asked all four banks.

Zhou Xuan discovered that the XT technology company had applied for loans at four banks.

Among them, the main bank of the company, the bank that often cooperated with the company, had even released loans.

“He’s trying to get rid of all the wool he can before running!”

In any case, it didn’t matter if it worked or not. Those financial statements and project plans could fool everyone.

In any case, he was going to run away. He wouldn’t lose out in this.

The most terrifying thing was. As a well-known local company, the company had always had a high reputation. Regardless of whether it was the bank or the investment company, when they saw the investment or loan application from the company, they would lower their guard.

The process of the bank lending money to the company was very simple.

After the company applied, they would go to the Audit Department to review the financial statements and other information. After they passed, they would lend money.

Of course, large loans were usually secured by assets or bonds.

For the current Zhou Xuan, he could already imagine it.

The financial statements provided by the company to banks and investment companies must have been whitewashed.

Whitewashing the report, that meant adding non-existent gains to the original financial statements, or adding virtual assets to the gains.

In addition to this, it was false asset mortgage data.

In both cases, as long as the auditors did not pay any attention, they could successfully defraud the investment and loan.

Zhou Xuan, who has worked for many years at an investment firm, knew these things.

Reality, sometimes was worse than fantasy.

Billions, billions of dollars. It’s probably just that simple to get it.

“It’s hard to defend!

“Who would have thought that such a well-known company would run away?”

Zhou Xuan shook his head.

Seeing XT technology being so anxious to go around collecting wool, their bankruptcy, should be in about two days.