Chapter 144: Everyone Finds Himself in Danger
After lingering in the bathroom for about a quarter of an hour and having confirmed that Fu Yansheng had gotten into a car one step ahead of them, Qi Yu then returned to take his seat in the car.
Qi Yuancheng was still on the phone with the other shareholders of the group. He glanced at him, as if wondering why his son had been in the bathroom for so long, but he didn’t have time to say anything.
When the car got on the overpass, Qi Yuancheng hung up the phone and sighed. “I wanted to take advantage of this wedding to give you a couple of days to relax. I didn’t expect for this incident to happen…”
Father and son both knew that this was probably inevitable. But since there were other people in the car, they could only talk about it while having a tacit understanding of the matter.
Qi Yu asked, “Dad, how is the situation now?”
Qi Yuancheng said: “The Si Yuan Group is a foreign listed company. Although news of the Si Family’s incident has not been reported overseas for the time being and the stock price hasn’t been affected yet, 60% of the group’s shares are still held by Chinese people. Once news of your Uncle Si being arrested becomes known, everyone’s going to panic. I just called your Uncle Wang, trying to reassure him so that he wouldn’t have to worry about the Si Yuan Group’s situation. While I was at it I asked him how much of your Uncle Si’s shares he could take over in case the government confiscates those shares…”
The person Qi Yuancheng mentioned was another shareholder of the Si Yuan Group, Wang Zhendong. He and his wife opened a medical and protective equipment company in China. They have deep ties with Mei Wei’s textile companies. When they had been starting out, Qi Yuancheng invested a lot in them and they became friends. Later, Wang Zhendong made a lot of money and he continued to buy shares in the Si Yuan Group. He was now the largest Chinese shareholder next to Qi Yuancheng, Si Holdings and the overseas fund brokers.
Qi Yuancheng asked Qi Yu again, “What do you know about the situation over there?”
Qi Yu: “I only know that Si Hang has a game company called Hangfan Technology. It went public yesterday. Si Hang called me the day before and asked me to invest in his company’s stocks. Then I heard last night that he and Si Ze were taken away from the S Stock Exchange…”
While they were talking, another call came in and Qi Yuancheng hurriedly picked up the call.
Qi Yu sat next to Qi Yuancheng, listening to his father talking on the phone, while browsing the unread messages on his.
Rong Ke, Tang Weiye and the others also sent private messages to him. They were all asking him if he knew about this matter and if he had any more information.
He saw that Tang Weiye sent him more than 40 messages from since this incident broke out. Last night, Qi Yu and Fu Yansheng were rolling around in bed for half the night. Today, there hadn’t been any signal on the plane. Tang Weiye’s messages had been pushed to the bottom.
Qi Yu glanced at it—
Tang Weiye: “Qi Yu! Si Hang’s company will be listed soon. I plan to buy 100,000 shares of him. Are you buying?”
Tang Weiye: “Damn it! I just spent more than a million on his stocks and now his company’s been suspended!”
Tang Weiye: “F*ck it! F*ck it! Qi Yu! Something big has happened!”
Tang Weiye: “Si Hang’s been arrested!”
Tang Weiye: “His brother was also arrested!”
Tang Weiye: “F*ck! I just heard that his parents were also arrested!!!”
We’re sorry for MTLers or people who like using reading mode, but our translations keep getting stolen by aggregators so we’re going to bring back the copy protection. If you need to MTL please retype the gibberish parts.
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Tang Weiye: “Ah, I’m so scared! Qi Yu! [cry] [cry]”
……
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Qi Yu: “So Si Hang is in the clear?”
Qi Yuancheng: “It’s hard to say. Until the authorities thoroughly investigate the Si Family’s problems, they can only stay at home and await interrogation… After all, mother and son, Si Li and Si Ze, being family, are closest to each other and would know the most.”
Qi Yu: “What about Si Ze?”
“Si Ze will probably be hard to defend. I heard from the lawyer that they suspect that one of Si Ze’s assistants, surnamed Song, was a spy…” Having said this, Qi Yuancheng gave Qi Yu another meaningful look.
Qi Yu naturally knew what Qi Yuancheng meant. When he explained Fu Yansheng’s suspicious identity to his father, he also mentioned the relationship between Fu Yansheng and Song Puxin and Xu Yizhou.
Qi Yuancheng retracted his gaze and continued calmly. “This person has participated in many projects with them before. But Si Ze seems to trust him too much. Your Uncle Si has always disapproved and has said so many times. Since last year, Si Ze hasn’t allowed him to be involved in most practical matters. In May of this year, they say that this Assistant Song disappeared. No one was really took notice at that time. Now that this incident has happened, the lawyer finds it a little strange. ”
Qi Yu: “…”
Maybe it was because of a guilty conscience but when Qi Yu heard these words, he felt like Qi Yuancheng was alluding to his relationship with Fu Yansheng…
He pretended to be calm and asked, “What projects has Assistant Song participated in?”
“Similar to Si Hang’s game company this time. They falsified company materials for listing, manipulated the stock market price through insider information. And they did it more than once… When it goes to court, the nature of this incident is quite serious.” Qi Yuancheng shook his head and sighed.
Qi Yu asked, “Why was Uncle Si arrested?”
Qi Yuancheng explained: “The contacts Si Ze used were your Uncle Si’s contacts. Contacts that include the chairman of Mingtai Securities, the director of the S Stock Exchange, and the president of the XX Bank’s Haicheng branch… People like them won’t help for no reason. Since he took action, he must have received benefits behind the scenes. It also shows that he tacitly approved of what Si Ze was doing. Now that he’s under investigation, naturally, your Uncle Si will also be arrested.”
Saying that, Qi Yuancheng’s phone rang again.
Although the media had yet to report the incident, Si Li had been arrested yesterday and almost the entire industry was shocked. Everyone was racing against time to exchange information, trying to understand the actual situation behind it.
Qi Yuancheng answered the phone, calling out, “Ying Ying”. He then heard something that made his face sink, “Really?… You’re sure?…Okay, I understand…”
Seeing his dad hang up the phone, Qi Yu immediately asked, “Was that Mom? What did she say?”
“She said that she heard something when she was asking around. The night before the Si Family got into this incident, XX from B City’s municipal party committee had secretly been taken away. That person was the former subordinate of his Si Ze’s grandfather…” The car pulled up in front of the Si Yuan Group’s company headquarters in Haicheng. Expression grave, Qi Yuancheng got out of the car and said, “It seems this is no longer just an economic case…” After taking a couple of steps, he muttered, “This Fu Yansheng’s background is not simple…”
Qi Yu: “…”
The group took the elevator to the floor where the Director’s Office was. As soon as they entered the conference room, they saw Dong Min and the top management of the Group waiting inside. Fu Yansheng was among them, looking not at all like he’d come hurrying from the airport.
Qi Yu exchanged glances with Fu Yansheng then followed his father to sit down.
At the meeting, Qi Yuancheng asked his subordinates about the current situation, attempting to make the correct decision in the shortest time possible.
Within the Si Yuan Group, the first to be affected by the Si Family’s incident was Mei Wei. After all, Mei Wei was the only listed company under the Si Yuan Group. Mei Wei’s share price fell three points that day. Though it hadn’t gone into a freefall, they could already plainly see the impact of this incident.
And this was just the beginning. Si Holdings’ business went wide and was deeply rooted. Pull it up and it sets hundreds moving with it. Aside from the Si Yuan Group, Si Holdings had also invested in many large domestic companies, such as Tang Weiye’s Tang Qi FAW, Rong Ke’s Rong Real Estate and other large enterprises. All these affiliated companies experienced declines in their stock prices that day. Everyone found themselves in danger.
Qi Yuancheng listened to everyone’s inputs. From time to time, he would glance in Fu Yansheng’s direction. No one could tell what he was thinking about.
Qi Yu was sitting on the edge. Every time he saw his father’s gaze turn to Fu Yansheng, his heart would skip a beat.
But for two full hours, Qi Yuancheng didn’t ask anything. After the meeting was over, he said to Fu Yansheng, “Come to my office.”
Qi Yu: “…”
Qi Yuancheng usually worked in Newtown. Although he didn’t go back to Haicheng very often, the chairman’s office was still kept clean all the year round. It was neat and stylish.
Once the two entered, Secretary He quickly made another cup of tea for Qi Yuancheng.
Qi Yuancheng waved his hand to have Secretary He withdraw, leaving only Fu Yansheng with him. Teacup in hand, he walked to and fro in front of the other. He then stared at him and asked, “What do you think about this matter now?”
Fu Yansheng: “…”
Fu Yansheng: “Chairman Qi, I think it would be best to do as you said at the end of the meeting.”
Just now, Qi Yuancheng decided to convene a last minute meeting with the company’s shareholders to stabilize the morale within the company.
Fu Yansheng added, “We also have to keep an eye on the stock price during this period. Although something has happened to the Si Family, we must convince the investors that the decline in the stock prices of Mei Wei and the Si Yuan Group is only temporary. That even without the Si Family, the Si Yuan Group has enough ability to develop long-term.”
Qi Yuancheng leaned closer to him again and asked in a low voice, “There shouldn’t be any major incidents in the future, right?”
Fu Yansheng coughed lightly and said, “Chairman Qi, things in this world are impermanent and I can’t judge what the situation will be in the future. I can only deal with the things in front of me first.”
Qi Yuancheng pulled back with a stern face, “Okay, you may leave…”
When Fu Yansheng was about to leave, he was suddenly stopped by Qi Yuancheng, “Wait.”
Fu Yansheng turned around and he heard Qi Yuancheng say, “Xu Jing, Shanyu Investment’s CEO, handed me a letter of resignation half a month ago, saying that he would be leaving at the end of this month. Qi Yu won’t be graduating until a year later. I haven’t found a person who is particularly suitable to replace him for the time being. But since you know about Shanyu’s situation from before, you can help manage it for now. You don’t need to invest in any project. Just help keep an eye on Mei Wei’s stock price.”
Fu Yansheng was taken aback: “President Xu has resigned?”
Qi Yuancheng: “Yes.”
Fu Yansheng frowned and said, “Does Qi Yu know?”
He knows, Qi Yuancheng explained a few more things and then sent him off. “Please call Qi Yu in for me. I have something to tell him.”
Fu Yansheng went out and saw Qi Yu waiting outside. He hurried passed on Qi Yuancheng’s words.
Seeing Fu Yansheng looking at him with a complicated expression, Qi Yu felt a little uneasy in his heart. He went in and upon seeing his father, asked, “Dad, what did you say to Teacher Fu?”
Qi Yuancheng snorted coldly, “I just asked him a couple of questions. What the kid basically said nothing…His defense is completely airtight.”
Qi Yu: “…”
Qi Yuancheng turned his back angrily and said, “Xu Jing will be leaving at the end of this month. I have Fu Yansheng taking over Shanyu for the time being. You can also visit Xu Jing if you find the time. Best to cut the knot as smoothly as you tied it. In addition, since something’s happened to Si Ze, you’ll need to look after the Technology Development Department more. Last time, you heard your Zhang classmate that FIA and HZ Technology are working together. Discuss it with Ye Qinru, see what strategies he has and report to me when the time comes.”
————
【Little Theater】
Qi Yuancheng: Comrade Xiao Fu, I’m giving you the opportunity to reveal a little of your secrets to me.
Fu Yansheng: Father-in-law, give me your son in marriage and I’ll tell you.
Qi Yuancheng: Get me my club to beat up this dog! (╯‵□′)╯︵┻━┻
Thanks for the chapter! ♥️
That Little Theater- XD
Cub Yu: … silently stands in front of his underground lover
Teacher Fu: I’m so tou- *pinched by Cub Yu from behind* … (Want to pinch back but can’t.gif) (Helpless.jpg)
Okay now that Si Ze is gone, maybe Su Jing would join them!!! Fingers crossed!
thanks for the chapter.
Seeing the Si family incident, Xu Jing should know by now why Qi father and son had asked him about possibility and how quick they can turn all his past investments into cash bah… Regret leaving ma?