Chapter 1344: Generosity, Debt Repayment, Problems
"Everyone, sit down!"

When Su Mingzhe saw Wu Jianshe, Qiu Bizheng, Feng Yu, Tian Ling, and Xie Jinbao arriving upon invitation, he asked his assistant to serve tea while chatting and laughing with everyone:
"We all know each other. This time I asked you all to come here to discuss the repayment. After all, it is only natural to pay back debts. If you keep dragging your feet, it will be a loss for us and not much help for you. Why don't we sit down and discuss a repayment plan that everyone can accept!"

Seeing Su Mingzhe's good attitude, Tian Ling coughed lightly, took out a few copies and handed them over, saying:

"Boss Su, I did borrow five million from Banxia before, but that money was used to save the steel plant, and the steel plant was also the party that signed the mortgage loan. Later, Feng Yu and I divorced, and the steel plant was given to Feng Yu. Logically, the debt has nothing to do with me. Regarding this matter, Feng Yu and I signed a supplementary agreement in our divorce agreement. Here is a copy of the agreement."

Su Mingzhe took it, looked at it, and handed it to Feng Yu, saying with a smile:

"Brother Feng, do you acknowledge this?"

"recognize!"

Although Feng Yu had been cheating on his wife for many years and his character had become somewhat corrupted, he still recognized what he had said and what he had signed.

Seeing this, Su Mingzhe immediately gave a thumbs up:

"Well, since Brother Feng has admitted his mistake, Sister Ling, this matter has nothing to do with you. I'm sorry for making this trip. I'll apologize to you when I have the chance in the future."

"Mr. Su, you're too polite. If there's nothing else, I'll leave first."

Tian Ling came here this time just to clarify the debt issue.

Seeing that he had nothing to do now, he naturally turned around and left. He was not willing to stay in the same room with Feng Yu and Xie Jinbao for even a second longer.

After Tian Ling left, Xie Jinbao, the only woman in the meeting room, also quickly spoke:

"Boss Su, I've also divorced Feng Yu. I don't want a cent of the steel plant's shares, and the debt has nothing to do with me. Feng Yu, please say something..."

"Boss Su, it's like this!"

Feng Yu thought that it didn't matter whether he let go of one sheep or two sheep. Xie Jinbao had brought him a lot of happiness over the years. Although they had parted ways now, there was no need for him to drag her down into the abyss.

After thinking this through, Feng Yu nodded, indicating that he was willing to take full responsibility for the steel plant's debts.

Su Mingzhe listened to what Xie Jinbao and Feng Yu said, but just smiled coldly:
"Brother Feng, since you said so, I should give you this face. However, your steel plant has borrowed 13 million from Shenhua Group, which is too much. In addition, you and Ms. Xie got divorced less than half a month after getting married. This situation is somewhat strange. I now suspect that you transferred assets through marriage and divorce. Therefore, I cannot agree with your divorce agreement."

After Su Mingzhe finished speaking, he saw that Xie Jinbao and Feng Yu both changed their expressions. He smiled contemptuously in his heart, but he no longer cared about what they were thinking. He directly took out his investigation report and said:

"Boss Wu, Boss Qiu, Brother Feng, Ms. Xie, let's be frank. Your three steel mills borrowed 8 million, 5 million, and 13 million from me respectively. We agreed at the beginning that you would use the steel mill's equity to repay the debt. However, according to our investigation, your steel mill's equity had already been mortgaged before this."

"Among them, Mr. Wu's steel plant has a market value of about 30 million, and the total mortgage loans are 25 million. Mr. Qiu's steel plant has a market value of about 18 million, and the total mortgage loans are 15 million. The market value of Harada's steel plant is about 20 million, and the total mortgage loans are 23 million."

"I have two solutions to the problem. The first solution is that you fulfill the original loan contract and use the steel plant as capital to pay off the debt. I will find an accounting firm to give you a price for your steel plant. If the market price of your steel plant is high, I will make up the difference. If the market price is low, I will accept the loss and take the ownership of your steel plant. As long as you do not transfer assets, I will not pursue it further. Of course, you can disagree with this plan..."

Seeing that Su Mingzhe was willing to purchase his steel plant at the market price and had no intention of lowering the price, Wu Jianshe immediately nodded in agreement and said:
"I agree with this plan!"

"I agree!"

When Qiu Bizheng saw Wu Jianshe agreed, he subconsciously nodded in agreement.

Nowadays, steel prices are cold all over the world, and Wu Jianshe and Qiu Bizheng don't want to work in the steel industry anymore. If Su Mingzhe is really willing to make up the difference, they both want to take the difference of several million and try their luck in another industry.

Hearing that Wu Jianshe and Qiu Bizheng agreed to the first plan, Feng Yu gritted his teeth and nodded in agreement:

"Boss Su, I also agree with this plan!"

For Feng Yu, this plan was to directly reduce his debt of three million.

In this way, even though I lost everything, I was debt-free and could find other things to do.

Seeing that the three men all agreed, Xie Jinbao's face completely fell.

However, the four men present were busy signing, and no one paid attention to her expression.

After signing the agreement, the four men went directly to a well-known accounting firm in the city to conduct financial audits and market pricing on the three steel companies.

The market value of Wu Jianshe and Qiu Bizheng's steel mill is not much different from what Su Mingzhe investigated. Although there are some financial flaws, they are not a big problem.

The accounting firm quickly completed the review and pricing of the two steel mills.

Su Mingzhe had no intention of dragging his feet, and he quickly paid the difference to the two men and took possession of the ownership of the two steel mills.

Later, when the accounting firm inspected the Harada Steel Plant, now the Fengyu Steel Plant, they found numerous financial loopholes.

Especially during the period when Feng Yu and Xie Jinbao got married and divorced, the accounts were terrible.

In just one month, a large number of abnormalities occurred in the steel plant, causing losses of more than one million.

Seeing the test results, Feng Yu looked unhappy, but he came to Su Mingzhe and explained in a low voice:
"Boss Su, the accounts at that time were all done by Xie Jinbao. At that time, she had just started working at the steel plant and was not familiar with anything, which caused the confusion in the accounts. However, I can guarantee that there was absolutely no asset transfer!"

"Since Brother Feng said so, I naturally believe it. But this Ms. Xie... I don't dare to trust her character, let's check it out again..."

Su Mingzhe's official manner frightened Xie Jinbao so much that his legs went weak.

That's a loss of more than one million. If she were to bear the responsibility, she would probably have to return all the money Feng Yu transferred to her over the years.

As for Feng Yu, it doesn't matter anymore.

In his opinion, it took him and Xie Jinbao just over half a month from their marriage to their divorce, so the financial accounts might be messy, but as long as they were sorted out, there would be no problem.

Another day passed.

Just when Feng Yu was full of confidence, the accounting firm discovered another major flaw: Tian's Steel Plant had been purchasing several types of materials at prices higher than the market price for a long time. The purchaser was signed by Feng Yu, and the supplier of the materials was Xie Jinbao.

Looking at Feng Yu and Xie Jinbao who were paralyzed on the sofa, Su Mingzhe began to laugh wildly in his heart, but with a trace of regret on his face, he sighed:

"Brother Feng, I didn't expect that you and Ms. Xie were really transferring assets..."

(End of this chapter)