Chapter 898 - Chapter 898: Really Dead
Chapter 898: Really Dead
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
In just two days, rumours were spreading that Li Industries, which was originally at the peak of its power in Hai City, was on the verge of collapse. Many media outlets had already begun to predict when Li Industries would declare bankruptcy to gain attention.
Li Feng couldn’t take it anymore and called Li Yuan.
When Li Yuan learned that the Li Industries which he had worked hard to maintain in his life was facing such difficulties, he felt a little dejected. “Uncle, a few big companies have contacted us and said that they want to acquire our Li Industries. How do you think I should reply?” Li Feng asked tiredly.
These two days had tortured Li Feng, a literary artist, to death. Especially when the company was in trouble, the subordinates did not dare to make any decisions. Everything had to be done by Li Feng and Li Jin.
Li Jin didn’t understand these things, but Li Feng didn’t understand these business matters either.
Other than adding more trouble, Li Feng could not do anything.
Li Yuan was waiting for the report. He was not in a good state of mind. He replied weakly, “Let’s talk later. I still have something to do.”
Li Feng, who didn’t get a reply from Li Yuan, became even more frustrated.
“Dad, is Grandpa not planning to sell the stocks?” Li Jin asked anxiously. “But now that the stock price had fallen to such a state, it was useless for Grandpa to hold onto the stock. Moreover, I heard that someone is already buying up odd lot shares outside. If that person buys them all, the company might also be sold, right? Isn’t it the same ending? Instead of being sold cheaply when the time comes, we should sell it now.”
Li Feng had a headache. He didn’t know anything about stocks or business capital. He just wanted Li Yuan and Li Peng to come back as soon as possible and push all these troubles back to them.
When Li Jin saw his father’s actions, his face revealed a disgusted expression.
Why was it that other people’s fathers were like the sky in the family, but her father was so useless?
Li Yuan’s family owned 35% of the Li Industries. Her family owned 15% and other family clans owned another 10%. The rest of the shares were odd lots.
Now that Li Yuan’s family was no longer in charge, her family was the most powerful and could make decisions.
However, her father was so unconfident.
It was fine if he couldn’t solve the Li family’s current situation, but now he didn’t even dare to make a decision. It was really embarrassing and unpresentable.
Li Feng waited until nighttime before he dared to contact Li Yuan again. When he learned that the two bodies were really Li Zhe and Meng Yu, that Li Yuan had fainted and was hospitalized and that Li Peng would not return for the time being, Li Feng was sad and heartbroken.
He mourned Li Zhe’s departure and felt sad that he had to continue to drag on with this seemingly dilapidated Li Industries. “Dad, is cousin really dead?” Li Jin asked in disbelief.
Li Feng nodded heavily.
Li Jin’s face revealed a sorrowful expression. She said sadly, “Li Zhe passed away at such a young age. How are Grandpa, Uncle, and Auntie going to face this?”
Hai Xi also sighed, lamenting the rapid changes in life. A few days ago, Li Industries was still the leading company in Hai City. Now, not only was it in deep waters, but even the leader of the company was either dead or fainted in the hospital. How could this not make people sigh?
When Li Jin returned to her office, she saw Lin Mi walking in with a faint smile.
“You’d better control your expression,” Li Jin reminded kindly. “If others see it, they’ll say that you’re gloating over the company’s misfortune.”
Lin Mi did not respond to Li Jin’s reminder. She only reported slowly, “You asked me to think of a way to buy loose shares. I’m already doing it. It’s just that there’s only about 8% at the moment.”
If Li Zhe had not died, Li Jin would have thought that 8% was too little.
However, now that Li Zhe was dead, the 35% that belonged to Li Zhe would definitely be hers in the future. Adding on the 8% that she had now, it had already reached 43%. It was enough for her to control the entire Li Industries.
As for the 15% that Li Dan gave her, Li Jin just wanted to say that it was worth it. Using 15% to exchange for 35% was a profitable transaction.
Therefore, what Li Jin was most worried about now was the future of Li Industries. She said, “Things are almost done. I think since the shares will undoubtedly fall into my hands, it’s about time to deal with Li Industries ‘current crisis quickly.. It’s just nice that I can also show my management skills!”