Translator: Fringe Capybara

Chapter 90 - Too Hefty of a Price? (2)

Jiang Chong couldn't help but gasped. He summoned up enough courage to finally look up at Lu JingYan’s eyes.

They were old, distant, and quiet.

He was still his serious in speech and manner self. He couldn’t tell any of the emotions that were hidden inside his black eyes.

The other upper managers, albeit stunned by this decision, have not called his decision into question.

Lu JingYan had always been calm and rational and never made any mistakes in his decision.

Many a times, when his strategies had seemed ludicrous and irrational, all of them turned out to be highly successfully and surprised everyone.

When they were called out in the middle of the night, they felt for sure that something major must have happened to Huanyu.

The upper management quickly formed that idea.

It wasn’t difficult to see that all of Huanyu’s issues that have already been exposed for all to see along with those that were still veiled, all of them centered on their useless heir.

Cheng Huan, Cheng Ye’s oldest grandchild, was not only not talented in business, he was a college dropped out with no skills to speak of. After dropping out of school, he had become even more unrestrained and would go out drinking and clubbing every night.

Huanyu Entertainment, now half-ran by Cheng Huan, their atmosphere in the office was no longer the same as before. Old Mr. Cheng, on the other hand, still doted him with no bounds.

While lamenting over Huanyu’s fate, they were also very glad that the heir for Oushi was Lu JingYan.

The Lu’s, with their 100-year-old family business for over 100, their outstanding education of their next generation was there for all to see.

A millipede, even when dead, not all of its legs would stop moving all at once. Even if Huanyu would start going downhill, it’d be a long time from now.

Old Mr. Cheng has yet to hand the business down to his next generation, let alone his oldest grandson. In the short time, there was no reason to give up the massive profit that could be bring about by working with Huanyu.

And, obvious problems most of the time were not as simple as they may seem and should not be taken lightly. The fact that Cheng Ye was able to build an organization from the ground up, that spoke for his ability and his shrewdness. The fact that he did pour every ounce that he had into Cheng Huan might be an indication that he had other plans in mind.

The amount of penalty that they have to pay plus the loss in profit would be enough to bankrupt a small company. It was lucky that Oushi was a well-established company.

All of the upper management personnel at the meeting were the ones remained from the selection of time.

They have all studied overseas, had excellent qualifications, plenty of experience, and were experts in risk analysis. They were highly efficient under a brain storming session.

After a few hours, as they went further into the night, the discussion was coming to a conclusion.

“If we are to end our cooperation with Huanyu, most of their real estates would be rattled to the core. Their capital chain would be affected. If they were not able handle it properly, there is a possibility that they would come crumbling down altogether.”

“It would greatly affect Oushi as well. Based on our years of cooperation, we have a very symbiotic relationship with Huanyu. I wouldn’t say it would hurt us badly, but the impact would definitely be noticeable.”

“It wouldn’t be critical but from our rough estimation, it would take Oushi some two years to recover from it.”

“And, one more point, we have noticed that Huanyu’s contraction section looked to be under steady operation, but many gaps and hidden issues were beginning to show. We had reminded them multiple times but the management had made no changes so far. They chose to believe in the illusion that everything is going as well as it seems. Internally, they were a mess. They make poor decisions. If they were to look into their personnel structure and try to reorganize, it would be tricky both in terms of capital and time.”

“And, on top of the limited growth in the market in the near future, there are high risks in a loss of profit both internally and externally. We had been contemplating on decreasing our investment capital recently.”

“If Boss Lu is looking into terminating our cooperation with Huanyu, you can consider this angle first.”