Yang Chen had just finished showering and was about to sleep when Xi Yuyao called him.
Xi Yuyao: "Brother Chen, Wang Xu’s dad came to my house and is talking to my dad about the letter of understanding. He said we could name any price, as long as I issue a letter of understanding. There was a hint of threat in his words, essentially meaning if I don’t issue this letter, they will take all measures to retaliate against me. Wang Kang’s aunt is the wife of Tang Chengbao from the Hai City Tang Family. If the Tang Family gets involved, my family could be overwhelmed. What do you think I should do now?"
Wang Xu’s mom is called Zhang Yi, and Zhang Yi’s sister Zhang Qian is Tang Chengbao’s wife, the mother of Tang Chunlai and Tang Chunfeng.
Wang Xu’s family was quite ordinary at first. It was after Zhang Qian married Tang Chengbao and leveraged the Tang Family’s connections that their development picked up gradually.
Having the support of a big tree makes it easier to enjoy the shade; many business deals Zhang Qian managed to win for her brother-in-law’s family using the Tang Family’s name.
Wang Kang is also very sensible, often reminding his wife to keep in touch with her sister and maintain their relationship by buying jewelry, bags, and such.
If dealt with seriously, Wang Xu’s case could be considered poisoning.
If not dealt with seriously, it would be a prank.
The key now is that Xi Yuyao needs to issue a letter of understanding, which would simplify things.
Without this letter of understanding, handling things could leave lingering problems.
Therefore, Wang Kang is willing to spend money for this letter of understanding to avoid leaving any problems.
But if Xi Yuyao refuses to issue this letter, they could still manage.
Xi Yuyao knows Yang Chen is formidable, so she wants to seek his advice now.
Yang Chen smiled and said, "Tell your dad to consider it. Tomorrow, I’ll meet with your dad to discuss it. I’ll come to you around ten after running through the rush hour in the morning."
Xi Yuyao: "Alright! Let’s discuss it further when we meet tomorrow."
Once tangled with Tang Chengbao, Wang Xu is bound to go to jail.
Early the next morning, Yang Chen visited Hualin Technology Company after finishing his run through the rush hour.
This company’s office building and workshop are connected, covering a total of over fifty acres.
Not considered a large factory, but not small either.
Xi Yuyao waited at the company gate; seeing Yang Chen, she quickly and cheerfully ran up.
"Brother Chen, you’re here. Come, follow me to park," Xi Yuyao said with a smile.
Yang Chen nodded and followed Xi Yuyao’s direction into Hualin Technology.
Soon, under Xi Yuyao’s lead, Yang Chen met the chairman of Hualin Technology, Xi Yuyao’s father, Xi Yongxin.
Xi Yongxin eagerly grasped Yang Chen’s hand and said, "You must be President Yang. Hello, hello. Yaoyao has told me about your heroic deeds, even Wang Nianming was lectured by you like a child; you’re truly amazing. Please, have a seat."
Yang Chen smiled back and said, "Mr. Xi, no need to be so formal, just call me Yang Chen. Let’s speak straightforwardly about business."
Xi Yongxin nodded and said, "Alright! Yaoyao has told me President Yang’s requirements, I’ve considered them and can mostly accept. President Yang invests 100 million dollars and helps us open up all channels under the Yida Group including malls, hotels, cinemas, and so on, as well as those mentioned like Peninsula Hotel and Qiao Jiangnan. I’m willing to reform the equity structure and give President Yang 40% equity. However, President Yang mentioned it’s purely a financial investment, not interfering with management, this must be written into the contract. Is that acceptable?"
Yang Chen: "I must clarify. I generally won’t interfere with management, but that doesn’t mean I relinquish decision-making power completely. I may not use it, but I must have it. Do you get the idea?"
Xi Yongxin: "Understood. Can President Yang’s promised venue channels be written into the agreement? If you cannot fulfill these, we cancel our partnership. Is that acceptable?"
Yang Chen: "No problem. In a few days, Wang Ranglin will come to Hai City to meet me, and I’ll mention this project to him. Yida doesn’t engage in electric vehicles, but surely they’re willing to grab a share in this field, I can assure you there won’t be a problem. Peninsula Hotel and Hai Li Lao, I’m a minority shareholder, Qiao Jiangnan I’m a major shareholder. As long as Yida Group can profit over here, I can assure these few won’t have any issues."
Xi Yongxin was greatly surprised, Yang Chen’s true ability exceeded his imagination.
If an investment company held shares in so many firms, it might be understandable.
But how does one individual have stakes in so many companies?
And he’s either a major shareholder or a minority one, it’s quite incredible.
Xi Yuyao laughed and asked, "Brother Chen, whose scion are you really? In local Hai City I haven’t heard of any Yang family being so powerful. Aren’t you from local Hai City? From Beijing, or another city?"
Yang Chen: "I’m a genuine Hai City person, not from any prestigious family, just got lucky to earn some money. When you don’t have capital, it’s hard to earn money, but once you have initial funds, earning becomes quick."
Xi Yuyao: "That sounds quite reasonable. Can Brother Chen share the easiest, most effective way to earn a million a year? I think earning a million a year would suffice for my life."
Yang Chen: "That’s simple, just deposit sixty million in the bank."
Xi Yuyao felt like crying, "If I had sixty million cash to deposit in the bank, would I be saying anything? The point is, how do I make sixty million?"
Yang Chen: "That’s also simple, deposit thirty-five hundred million in the bank, and the annual interest will be sixty million."
Xi Yuyao was speechless, "Brother, can you not always suggest these unrealistic ideas? If I had thirty-five hundred million, would I need to think so much? I’d just lie on the bed to eat, drink, and live."