Chapter 13 Lack of Sufficient Funds
Three years ago, Chen Group was just a very ordinary enterprise, with a market value of only tens of millions, and was even on the verge of bankruptcy.
However, Chen Wanan, the president of the Chen Group, did not stick to one pattern in promoting talents and directly selected Li Feng, a recent college graduate, to be the general manager of the company.
When Li Feng became the general manager of the Chen Group, the Chen Group not only successfully weathered the crisis, but even became stronger than before.
In just three years, the market value of Chen Group has reached 100 billion, making it a well-known enterprise throughout Xia Country.
All of this is inseparable from Li Feng’s hard work, and Li Feng has become an idol worshiped by many people.
But the good times didn't last long. As Li Feng's reputation grew, Chen Wanan felt that he had great achievements, and his wife Yao Yan was instigating him.
This Yao Yan is not simple either.
Her father's Yao Group has a market value of hundreds of billions, which is much stronger than the Chen Group.
Chen Wanan’s success is inseparable from the support of his wife’s natal family.
Therefore, Chen Wanan obeyed Yao Yan's words.
So Chen Wanan found an unfounded crime to expel Li Feng from the Chen Group.
After being hit by this incident, Li Feng was disheartened and returned to his hometown to engage in breeding.
Stay away from the right and wrong circle of the Magic City Mall.
Unexpectedly, when he learned that Li Feng had returned to the Magic City, Chen Wanan felt a huge threat, so he decided to take a preemptive strike and completely eradicate Li Feng.
"Old man Chen Wanan, since you are unkind, don't blame me for being unjust. I am no longer the Li Feng who was at the mercy of others."
"And Chen Wanan's wife Yao Yan is a bitch. Although the Yao family is not weak, as long as you give me enough time, your family will be destroyed sooner or later!"
A chill flashed across Li Feng's eyes. Now that he has the help of the system, he is confident that he can create a business empire in a short period of time. By then, it will only be a matter of waving his hand to overwhelm the Chen Group.
[Ding! There is the latest business forecast news: Three days later, Julong Group held a press conference to announce the latest intelligent system developed, causing the company's stock to rise sharply.
Among them, Julong convertible bonds could rise to a maximum of 204.32 yuan per share. However, on the third day after the press conference, it was revealed that the intelligent system had serious flaws, causing the stock to plummet.]
Looking at the latest business forecast information, Li Feng was stunned. He didn't expect that the information he obtained for the first time was actually related to the stock market.
"Julong Group? I seem to have heard of this company."
Thinking about this, Li Feng hurriedly checked online and soon learned about the Dragon Group.
The Julong Group is not in the Magic City, but in another city. It is just a small company and cannot be compared with the Chen Group.
The reason why I heard about it is because last year, Julong Group and Chen Group had a cooperation.
But later Li Feng never heard about Julong Group, and there was not even any news about it. He thought that the company had gone bankrupt, but it turned out that it was concentrating on research and development.
"Julong Group's stock will rise sharply in three days. This is a good opportunity to raise funds."
If he wants to build a business empire, he must have enough funds. Otherwise, no matter how powerful he is, he will be unable to make a meal without straw.
Then Li Feng checked the shares of Julong Group. When he saw the price, Li Feng stood up directly.
"Isn't this too low?"
On the interface, Julong Group’s current convertible bond stock price is only over four yuan per share, less than five yuan. It can be said to be a sunset industry.
"If you buy it at this time and wait until the stock soars to its highest peak, the profit will be nearly fifty times!"
Li Feng took a deep breath. Such high profits are very rare in the stock market. If he had enough funds, he could become a billionaire in an instant.
Thinking about it, Li Feng should use all the one million awarded to him by the system to buy the convertible bonds of Julong Group. Now he only needs to wait a few days, and one million can become more than 40 million.<
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"Funds, there is still a lack of sufficient funds."
After doing this, Li Feng leaned on the sofa. Although he could get more than 40 million in a few days, this amount of money was nothing compared to the Chen Group with a market value of nearly 100 billion.
Just as I was thinking about it, the system sound sounded again.
[Ding! Ask the host to buy a company and increase the market value of the company a hundred times. After the success, you can get a reward of tens of billions of funds.]
"Ten billions of funds?"
Looking at the system's task rewards, Li Feng's eyes lit up. What he lacks most now is funds. If he is given tens of billions, plus the system's help, it won't be long before he can catch up with the Chen Group, or even surpass it.<
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"But it's not easy to complete this task."
Looking at the task description, Li Feng frowned.
Acquiring a company is already difficult, after all, he doesn’t have much money himself.
What's more, even if you acquire a company, it is very difficult to increase its market value by a hundred times.
At least this task is something he cannot complete in a short time.
"Fortunately, the system does not set a time limit, so I still have enough time to complete this task."
Thinking about it, Li Feng turned on the computer again and began to collect information about the Yao Group.
Since we are going to confront the Chen Group, we will also encounter the Yao Group sooner or later, so we need to know about it in advance.
At the same time, the news that Li Feng was fired from the Chen Group quickly spread throughout the entire Magic City business circle.
The business circle of the Magic City is either big or small, not to mention the Chen family, as the richest man in the Magic City, any slight disturbance will attract the attention of countless people.
When they learned that Li Feng had been expelled from the Chen Group and even banned by Chen Wanan, countless people in Shanghai were shocked.
"Is this guy Chen Wanan an old fool? He did this to Li Feng. Does the Chen Group want to go bankrupt?"
"Everyone knows that if Li Feng had not controlled the Chen Group in the past two years, the Chen family would have been ruined long ago. Chen Wanan has now driven away Li Feng."
"Chen Wanan is crazy. He is an old guy who doesn't understand a thing. Could it be that he wants to take charge of the Chen Group again? Isn't it good to have a peaceful retirement?
"I heard that after Li Feng was fired from the Chen Group, many senior executives of the Chen Group also left with Li Feng. The Chen Group is going to be doomed."
……
Many people cannot understand Chen Wanan's decision. People outside may not know how powerful Chen Wanan is as the richest man in the Magic City.
But everyone in this circle understands that the real power of the Chen Group is Li Feng, and Chen Wanan is almost a waste in business. Without Li Feng, the Chen Group is nothing at all.
What's more, many senior executives have also left. The current Chen Group is completely an empty shell. It seems to be prosperous, but it will decline sooner or later.
Of course, many people are happy.
Chapter completed!