Chapter 57 - Investment
Chapter 57 of "Invincible Young Master in the City" reveals: An hour later, Ye Fan drove away from the hotel to head home.By the time... Keep reading!
An hour later, Ye Fan drove away from the hotel to head home.
By the time he got home, it was already past nine-thirty in the morning, and, since he hadnât changed clothes, Ye Fan naturally had to take a shower and change.
After ten, having had something to eat, Ye Fan sat on the sofa in the first-floor living room watching TV.
Just past eleven, his cell phone rang.
Picking it up, Ye Fan saw it was his momâs call.
âSon, the evaluation results for your wifeâs âBiomedical New Project Planningâ are out,â Ye Fanâs mom said with a laugh.
Ye Fan asked, âHowâs the evaluation?â
âA-.
Iâve already sent the detailed analysis to your email,â chuckled his mom, âHeehee, I didnât expect your wife to have seventy or eighty percent of my old skills.â
âOh, thanks, Mom.
Iâll go take a look,â Ye Fan replied.
âOkay,â said Ye Fanâs mom.
After hanging up, Ye Fan went back to his room, opened his computer, logged into his email, and found the âBiomedical New Project Planningâ evaluation analysis his mom had sent him.
Having spent a few minutes reading the analysis, the professional evaluation team from Hua Chang Investment Fund had given a very favorable review of âBiomedical New Project Planning,â indicating that the projectâs potential for success in getting off the ground with the Emali Group stood over seventy-five percent, and it would yield a very substantial and long-lasting profit return.
After pondering for a short while, Ye Fan took out his phone and called his mom.
âMom, Iâve looked over the project evaluation analysis,â he said, âI also think âBiomedicalâ is a very profitable project.
Do you think Hua Chang Venture Capital Fund could invest in this project?â
âOf course,â his mom immediately replied, âBut such a profitable project, and one that Emali Group can operate on its own, they probably wonât want me to get involved.â
Ye Fan laughed, âMom, youâre mistaken.
Not everyone has the investment vision and boldness you do.
Within Emali Group, apart from Zhao Jun whoâs advocating for it alone, the other shareholders are resisting, believing it requires too much capital and carries too high a risk.â
âHeehee, I get it now!â Ye Fanâs mom suddenly burst into delighted laughter, âSo youâre asking me to help out your wife.
Okay, realizing that âwhen husband and wife unite, their strength can cut through metal,â it seems you two are getting along quite well.
Donât worry, even if itâs a losing project, Iâm jumping into this pit regardless since I only have you, my precious son.
Iâll call your wife right away.â
Ye Fanâs mouth twitched slightly, getting along well?
They were nearly archenemies.
He stopped his mom, âMom, donât contact her.
I donât want her to know.â
âHeehee, okay, okay,â his mom chuckled, âHeehee, son, I didnât expect you to be quite the charmer with your wife.
You donât want her to know now, but one day sheâll find out for herself and will probably be moved to tears.
Haha, son, am I right?â
Black lines sprouted from the back of Ye Fanâs headâhe wasnât thinking that at all.
He just didnât want to lose a million, and the project really was very profitable; helping Li Zhaojun was just incidental.
And another thingâhis mom, as an elder, why didnât she have any airs of an elder?
Was this kind of âwinning the wifeâs favorâ conversation really something a mother should casually have with her son?
Heâd rather have his mom maintain a sense of superiority and not chitchat so freely and equally about everything.
However, he couldnât refute his motherâs wild speculations without giving away his indifference towards Li Zhaojun.
He said, âMom, we must follow standard business procedures and avoid being swayed by emotions.
If Huachang Investment Fund doesnât see fit to invest, then so be it.
We mustnât force it.
Thatâs an investment of over a billion yuan; itâs not a game.â
âHa, I know that.
After so many years in the business world, do you think your mom would be swayed by emotions?â Ye Fanâs mother said with a self-praising tone, like a huckster selling her wares.
After that, Ye Fan and his mother chatted for another fifteen minutes.
Finally, unable to stand his motherâs lack of parental gravitas, turning everything into a joke to tease him, he hung up the phone.
The next day, Monday, in the Emali Groupâs conference room, Li Zhaojun convened a general meeting of directors and shareholders.
After Wang Siyan distributed the latest version of the âBiomedical New Project Planningâ proposal to every director and shareholder in attendance, Li Zhaojun spoke earnestly and intently, âMy fellow directors and shareholders, I have to emphasize once more that while it appears that the Emali Group is developing swiftly, we are on the brink of a growth bottleneck.
If we donât find a new path before we hit this bottleneck, donât expect to maintain todayâs profits.
If our stock price falls, banks wonât lend to us, and the monthly bank interest will weigh us down, leading to a continuous decline.â
âThe new project proposal youâre holding has been significantly modified after I invested a great deal of time and effort.
I hope you will read it carefully and consider it, and then swiftly pass the new project.
You have fifteen minutes to review the planning proposal for the new project and then a half-hour for discussion before we take a preliminary vote.â
Having said that, Li Zhaojun turned off the microphone and sat quietly, waiting.
For this particular board and shareholder meeting, she had run herself ragged for over a month, working early and late, seeking out resources, and nearly never resting on weekends.
If the proposal failed to pass this time, she truly didnât know what to do next.
The conference room was very quiet, with only the sound of flipping pages.
The future development of Emali was at stake; not a single shareholder dared to take it lightly.
Fifteen minutes passed, and Li Zhaojun turned on the microphone, saying, âI believe everyone is clear on the success rate of the new project.
These are not my baseless conjectures but the results of extensive re
Biomedical isnât within our groupâs industrial chain, and it is a high-risk project.
By issuing new shares for financing, we would only spark panic in the stock market, leading individual investors holding our groupâs shares to sell off, which not only would fail in raising funds but would also cause our groupâs stock value to plummet!â Gong Yongfu spoke out loudly.
âIndeed, itâs too risky,â other shareholders began discussing amongst themselves, their expressions filled with concern.
Seeing so many people concurring with him, Gong Yongfu felt triumphant and said, âI wonât agree to the biomedical new project.â
âI disagree as well,â Sun Yuan immediately chimed in.
âWe also disagree,â three mid-to-small shareholders who stubbornly followed Gong Yongfu and Sun Yuan shouted.
Other neutral mid-to-small shareholders also looked hesitant and indecisive, but most were leaning towards disagreement.