DLJWAV CH10

Such a huge Xiao Corporation actually had such a blunder occur, causing an immediate uproar throughout Huaguo’s high society.

Everyone smelled the scent of an impending storm.

Although losing that lithium battery recycling technology meant the Xiao family would at most lose an opportunity to soar.

And the loss of over five billion due to that lithium battery recycling technology would at most cause the Xiao Corporation to lose some vitality.

——But all this was based on the premise that the lithium battery recycling technology was accidentally leaked by the Xiao Corporation itself.

However, how could the Xiao family be stupid to this extent?

Looking at how quickly this news spread throughout Huaguo, as if afraid that these hungry wolves wouldn’t be able to pounce on them immediately——this matter was obviously being manipulated by a mastermind behind the scenes.

It all depended on whether the Xiao family could survive this calamity.

For a moment, everyone’s attention was focused on the Xiao family.

……

“So many of you, are you all just eating for free…”

In the conference room, Old Master Xiao slapped the table hard.

He also didn’t understand how, when things had reached the final step, they could still make such a mistake.

Hearing this, the managers and directors below lowered their heads even more.

But Old Master Xiao also knew that now was not the time to lose his temper.

“Have you found out clearly, where exactly did the error occur?”

Xiao Ruicheng quickly said: “It has been clarified. It was a vice president of the development department. The matter of him colluding with his mother-in-law to murder his wife and father-in-law was discovered by someone. The other party used this as leverage, so he colluded with the manager of the security department to steal all the data.”

“However…”

Xiao Ruicheng’s voice immediately lowered: “By the time we discovered this matter, he had already taken his mother-in-law to Country Y.”

“Bang!”

Old Master Xiao slammed his fist on the desk again.

Which meant they had absolutely no way to determine who the mastermind was right now.

What could he do now?

He could only take a deep breath and say: “During this recent period, I will personally oversee the company. I hope everyone can work with me to help the Xiao Corporation weather this difficulty.”

The managers and directors below quickly said: “Yes.”

……

On the other side, upon learning this news, Lin Gaolang became even more delighted.

Because this was originally within his expectations.

Even more so because he originally despised Xiao Ruicheng as a stepping stone, thinking him not quite qualified enough.

After all, defeating a Xiao Ruicheng could only prove that he was worthy of being a leader among his peers.

But if even Old Master Xiao, who had dominated the business world for decades, was defeated by his hands——from now on, even those seniors of the older generation wouldn’t dare to put on airs in front of him when they saw him.

Lin Gaolang: “Alright, now we can start shorting Xiao Corporation’s shares.”

The secretary beside him immediately said: “Yes.”

So next, Xiao Corporation shares hit the limit-down for two consecutive days.

Under the questioning of shareholders, soon, the news of the Xiao Corporation’s technology leak spread throughout Huaguo.

Immediately following, a piece of news that the Xiao Corporation was deeply mired in a debt crisis and fearing imminent collapse also spread, instantly detonating the stock circle.

For the next two days, Xiao Corporation stocks hit the limit-down again consecutively.

In the conference room, Old Master Xiao’s face was ashen.

“Mobilize another half of the liquid funds; we must stabilize the stock price as soon as possible.”

You have to know that although the Xiao Corporation had a market value of one hundred fifty billion, its liabilities had long exceeded fifty billion.

Among them, twenty billion was pledged with 15% of Xiao Corporation shares.

——Although this was actually a very safe debt ratio, not even exceeding 35%.

So once the Xiao Corporation’s stock fell too much, it would inevitably cause panic among creditors and shareholders, and then things would really be troublesome.

The vice presidents below: “Yes.”

Old Master Xiao immediately left the Xiao Corporation headquarters with Xiao Ruicheng.

Because they didn’t have much liquid funds left in their hands, they had to raise more money as soon as possible to deal with this crisis.

By the time the two finished visiting a group of relatives and friends, it was already late at night.

Fortunately, although they faced quite a few rejections on this trip, the harvest was still considerable. Moreover, the Zhong and Chi families voluntarily lent them five hundred million, just because Ao Ruize had saved Zhong Chi.

Old Master Xiao said: “With this three billion, the heart I’ve been holding in my throat can finally be put down a little.”

Most importantly, in the afternoon, Xiao Corporation’s stock had stopped falling and even rebounded by two points.

While they were talking, Xiao Yangxi walked out of the room holding a ducky: “Grandpa, Dad.”

“Oh, it’s so late, why hasn’t Grandpa’s Little Yangxi gone to sleep yet?”

Old Master Xiao quickly hugged him.

“You guys didn’t come back, I couldn’t sleep.”

Xiao Yangxi asked in a small voice: “Grandpa, is our family going bankrupt?”

“No, no.”

Old Master Xiao quickly coaxed: “Our family is fine, how could we go bankrupt?”

Xiao Yangxi: “Then why have you been so busy these days?”

“And my desk mate Little Fatty said that our family’s stocks have hit the limit-down for several days in a row.”

Old Master Xiao: “That was yesterday’s matter. Today our stocks went up again.”

Xiao Yangxi’s eyes lit up: “Really?”

“Really.”

Old Master Xiao said: “So go to sleep quickly, you still have to go to school tomorrow morning.”

“Mhm mhm.”

Hearing Old Master Xiao say their family was fine, Xiao Yangxi breathed a sigh of relief directly.

“Then I’ll go back to sleep, you guys sleep early too.”

“Okay.”

Watching Xiao Yangxi bounding away, Old Master Xiao only felt that his already exhausted heart was about to melt.

“Good child, truly a good child.”

Then he remembered he hadn’t seen Xiao Ruize for several days.

“By the way, where’s the youngest?”

Hearing this, the corner of the butler’s mouth twitched: “Young Master went out to sea with Young Master Zhao and the others. Because tomorrow is Young Master Zhao’s birthday, they plan to go play on the high seas for a few days and won’t be back for a few days.”

Hearing this, the relief on Old Master Xiao’s face disappeared instantly.

“That bastard…”

Twenty-seven or eight years old, yet not as sensible as a five or six-year-old child.

——Although he had long ceased to hold any hope for Xiao Ruize, at this moment, boundless disappointment still rose in Old Master Xiao’s heart.

Even Xiao Ruicheng didn’t know how to defend Ao Ruize.

But they never expected that the next morning, they received three written notices. The three major banks, on the grounds that the collateral provided by the Xiao Corporation was insufficient to pay off the principal and interest of the loan, demanded the early recall of the fifty billion loan to the Xiao Corporation.

That afternoon, the two major shareholders of the Xiao Corporation, when accepting media interviews, actually admitted that the Xiao Corporation owed more than fifty billion in debt and was unable to repay it.

The matter of the Xiao Corporation being deeply mired in a debt crisis was directly confirmed.

Xiao Corporation stocks hit the limit-down again for two consecutive days, and the stock price faced being halved.

The three major banks then issued another notice to the Xiao Corporation, demanding that the Xiao Corporation pay off the loan within a week, otherwise they would freeze the Xiao Corporation’s pledged assets and conduct a public auction of the Xiao Corporation’s collateral at the end of the month.

Subsequently, these two major shareholders began to clear their Xiao Corporation stocks. Seeing this, some small shareholders panicked and also began to sell Xiao Corporation stocks one after another.

Xiao Corporation stocks hit the limit-down again.

And those who lent money to the Xiao family a few days ago also began to come to the door to demand repayment one after another.

“The Xiao family is finished!”

The Xiao family owned 36% of Xiao Corporation shares, 10% of which were pledged to the bank.

The Xiao Corporation’s current market value was left with less than forty billion, but the total liabilities exceeded fifty-three billion.

The Xiao family needed to repay 36% of it, which was nineteen point one billion.

The Xiao family’s total assets also shrank from the original sixty-four billion to less than twenty billion now, of which stocks were worth fourteen billion, and real estate and cash added up to nearly five point five billion.

Xiao Corporation’s stock price was still falling.

If the Xiao family wanted to save the Xiao Corporation, there was only one way to go——

That was to sell all family assets including Xiao Corporation shares——but what was least lacking these days were people who hit a person when they’re down, so those willing to acquire would definitely suppress the price wantonly. If those shares could sell for thirteen billion, it would already be very good.

Calculating it, even if the Xiao family put in all the remaining family assets, they would still owe the bank four or five hundred million.

Most importantly, the Xiao Corporation they worked hard to keep would no longer have anything to do with them.

But this was already the best outcome.

Because Xiao Corporation’s stocks were still falling.

One day later, if Xiao Corporation’s stocks hit another limit-down, the Xiao family would owe the bank another few hundred million.

No, the Xiao family still had another way to go.

That was to apply for bankruptcy liquidation directly.

This way, there would be absolutely no problem for the Xiao family to keep the remaining five point five billion assets other than Xiao Corporation shares.

But this also meant that the Xiao Corporation’s more than one hundred thousand employees were about to face unemployment.

Old Master Xiao wouldn’t do this.

The government wouldn’t let them do this either.

Only one sentence remained in everyone’s mind.

That was, it was too fast!

From the beginning to the dust settling, it was no more than half a month.

——In just half a month, the top wealthy family in Qian City, the Xiao family with assets exceeding sixty billion, fell from the altar and into the mud just like that.

Most importantly, until now, they still didn’t know who the mastermind was.

Bang!

Old Master Xiao slumped directly onto the sofa.

He hadn’t expected that even the three major banks were bought off by the mastermind.

He hadn’t expected even more that the brothers who had once gone through life and death with him, those two major shareholders who proclaimed the Xiao Corporation’s deep debt crisis in front of the media, would betray the Xiao Corporation, would betray him.

Most importantly, under this series of attacks by the mastermind, they actually had no power to fight back.

His phone was already turned off.

Because relatives and friends were all urging him to pay back the money.

All shareholders were urging him to make a decision as soon as possible.

“The Xiao family is finished, really finished.”

Xiao Ruicheng was equally in a sorry state.

He never expected that he was still worrying about those slanderous rumors hurting him a few days ago, and today, he was ‘liberated’.

Because the Xiao family was gone, naturally no one would slander him for trying to snatch the Xiao family’s property anymore.

Xiao Ruicheng wiped his face fiercely.

He was silent for a while again, then said: “Dad, sell the shares to pay the debt.”

Of course he could understand Old Master Xiao’s current feelings.

After all, the Xiao Corporation was founded by Old Master Xiao and the Old Madam together. But now making them hand over the Xiao Corporation to others, wasn’t that gouging out his heart and dissecting his bones?

But now, they had no other choice.

Old Master Xiao’s eyes still couldn’t help turning red. His back, which was originally straight, also hunched over, and his whole person looked more than ten years older.

Xiao Ruicheng’s eyes couldn’t help turning red too.

He tried to comfort Old Master Xiao: “It’s okay, Dad.”

“My Mingsheng Securities is still here. It should be able to sell for seven or eight hundred million. After paying back the bank’s money and getting those mortgaged properties back, we can also gather one or two hundred million. This way, at least we can pay off all the debts we owe…”

“No—”

Old Master Xiao said subconsciously.

Mingsheng Securities was founded by Xiao Ruicheng himself. Now that the Xiao family was gone, if Mingsheng Securities was also gone, what would Xiao Ruicheng’s family eat in the future?

“It’s okay, Dad.”

Xiao Ruicheng forced a smile: “I’m still young, at worst… just start over from scratch.”

Just at this time, a tender voice rang out: “And me.”

It was Xiao Yangxi. He ran out holding his piggy bank.

He stuffed the piggy bank directly into Old Master Xiao’s hands: “And me, Grandpa, I also have money, lots of money, all for you, let’s pay the debt together…”

Things had come to this point. Even if Old Master Xiao and the others wanted to hide it from him again, he knew their family was really going bankrupt.

Xiao Ruicheng’s wife, Xu Yue, also walked out.

She said: “I should also be able to gather five or six million from my side.”

Only when she said this, she had no confidence at all.

Although she and Xiao Ruicheng got married because of mutual affection, the reason her family was willing to marry her to Xiao Ruicheng was just because they felt that even if Xiao Ruicheng couldn’t inherit the Xiao family in the future, he could still get a large share of the family property. At that time, they could rise along with him——no, it should be said, since she married into the Xiao family, they had already gained quite a lot of benefits from the Xiao family. Calculating it, maybe not over a billion, but seven or eight hundred million was definitely there.

As a result, now that the Xiao family was in trouble, they couldn’t wait to clear their relationship with her and the Xiao family——when she went to borrow money a few days ago, they actually scolded her out directly.

What else could Old Master Xiao say!

His tears fell instantly. He couldn’t help hugging Xiao Ruicheng and Xiao Yangxi tightly: “Good children, you are all good children.”

It just seemed something was missing!

Old Master Xiao thought for a moment.

It seemed his bastard biological son was missing.

Old Master Xiao: “Where’s the youngest?”

The tears in the butler’s eyes solidified instantly, and the corner of his mouth twitched: “Young Master went to attend a birthday party again.”

“Young Master Liu’s.”

The relief on Old Master Xiao’s face also slowly disappeared.

But this time, unprecedentedly, he didn’t lose his temper.

With a face full of fatigue, he smiled bitterly and said: “Let him play, let him play, anyway it’s the last time.”

Before, the family didn’t lack money, so no matter how much Ao Ruize messed around, he could let it go lightly.

But now that such a big thing happened to the family, Ao Ruize was still only thinking about eating, drinking, and playing…

He suddenly felt a bit weary at heart.

And didn’t want to manage Ao Ruize anymore.

Xiao Ruicheng and his wife looked at each other and also fell silent.

But hearing this, Xiao Yangxi couldn’t help but let out a “huh”.

Because he suddenly remembered something.

“Dad, do you still remember the time Little Uncle tricked me out of my pocket money?”

Xiao Ruicheng said unconsciously: “What about it?”

Xiao Yangxi: “At that time, Little Uncle said someone wanted to harm our family, it was the Lin family and Uncle Le Zhan.”

“And now our family really is in trouble—”

He exclaimed: “Which means what Little Uncle said at that time was all true.”

Xiao Ruicheng: “???”

But before he could answer, Xiao Yangxi pushed him away and ran towards his own room.

When he came back, there was an extra piece of paper in his hand: “Dad, look quickly—”

Xiao Ruicheng: “Hmm?”

Xiao Yangxi was full of excitement: “This is what Little Uncle gave me at that time. He said this could save our Xiao family.”

“But I can’t really understand it. Dad, help me look at it quickly.”

Back then, Ao Ruize used this piece of paper to trick away his pocket money.

Afterwards, Xiao Yangxi kept this piece of paper.

Thinking to take it as a warning, never to fall for Ao Ruize’s tricks again.

Xiao Ruicheng: “……”

Xiao Yangxi: “Dad?”

Xiao Ruicheng could only take that piece of paper.

In the next second, he also let out a “huh”.

“This… seems to be a securities account.”

The reason he recognized it at a glance was because the first four digits that came into view were the code of Mingsheng Securities founded by him.

“Then this string of numbers below should be the password.”

Thinking of this, Xiao Ruicheng took out his phone, opened the Mingsheng Securities APP, and entered both the account number and password.

Hearing this, as if realizing something, Old Master Xiao and the others also gathered around.

Soon, the account was logged in.

Old Master Xiao was extremely excited: “How much money is in the account?”

Xiao Ruicheng: “One, ten, hundred, thousand, ten thousand, hundred thousand, one hundred twenty-five thousand.”

“One hundred twenty-five thousand?”

The excitement on Old Master Xiao’s face froze instantly.

This bit of money couldn’t even pay off a fraction of the debt; the pocket money Xiao Yangxi took out was more than ten times this amount.

He was indeed confused, otherwise how could he think what Xiao Yangxi said might be true, and then pin his hope on that bastard.

“No—”

Xiao Ruicheng looked dazed: “It’s one hundred twenty-five thousand Bibi coins.”

Old Master Xiao: “…Bibi coins?”

Xu Yue on the side only felt her throat go dry.

She said: “You might not know what Bibi coin is?”

“Let’s put it this way, the current market price of one Bibi coin is 39,000 M dollars.”

Old Master Xiao subconsciously took out his phone and opened the calculator.

“One hundred twenty-five thousand Bibi coins… equivalent to Huaguo currency… thirty billion…”

Old Master Xiao’s expression also became dazed.

Xiao Yangxi didn’t know what Bibi coin was, nor did he know how much money thirty billion was, but he knew Old Master Xiao and the others’ expressions undoubtedly explained one problem——

“So Little Uncle really didn’t lie to me. The thing he exchanged with me really can save the Xiao family.”

“Dad, you really didn’t lie to me before either. Little Uncle really just looks unreliable; he is a genius.”

Old Master Xiao: “……”

Xiao Ruicheng: “……”

Could Xiao Ruicheng say that those words praising Ao Ruize he said before were all to appease Xiao Yangxi, fearing he would develop ill feelings towards Ao Ruize, and were lies to him?

But he looked at the piece of paper in his hand.

Suddenly fell silent.

Soon, Old Master Xiao’s roar rang out over the Xiao residence.

“Xiao Ruize, you dad-pitier——”

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