Game within game: chess player

"Junhe Insurance branches nationwide falsely reported business promotion fees of [-] million..."

"Xingfa Fund spends 4000 million on entertainment expenses a year, and less than one-tenth of the reason for the expenditure can be explained..."

"The property group's office expenses are 8000 million a year, of which [-] million cannot be accounted for..."

......

"In the past year, the entire group's expenses of 7000 million were not accounted for. I would like to ask the chairman, general manager, and financial director, are all the heads on your shoulders doing nothing?!" Ye Fang said in front of him. The audit report was slammed onto the long conference table. All the chairman and financial director present were trembling and their faces looked like chaff.

Ye Fang rarely went to the group company, and he was always friendly and friendly when meeting him. No one had ever seen Ye Fang lose his temper, but once Ye Fang lost his temper, no one could stop him.

Of all the subsidiaries, only Gu Zhuoyi's real estate sales group had consistent accounts and no financial problems were found, so Gu Zhuoyi sat at the conference table calmly, without any emotion on her face.

"Only the audit report of the real estate sales group is normal and the accounts are consistent. No financial fraud was found." Ye Fang glanced at Gu Zhuoyi at this time. Su Yue and Liao Yuanzheng, who were sitting on the other side, secretly glanced at Gu Zhuoyi. The two of them secretly determined not to have any financial problems. After all, the angry Ye Fang was really terrible.

"Nan Yi, the Economic Investigation Team of the Municipal Investigation Bureau came in to investigate the income and expenditure of all senior executives of the group. Any corruption will be directly handed over to the judicial authorities!" Ye Fang said coldly.

"Yes!" Nan Yi stood up and replied, then walked out of the conference room.

As soon as they heard that Ye Fang wanted to recruit economic investigators, everyone's expressions, including Cai Xiaoling's, suddenly changed. Wang Junhe and Bi Xingfa, who started the business together with Ye Fang, immediately turned to Ye Fang, with a hint of panic in their eyes.

"Mr. Ye, think twice before entering the economic investigation industry. We will rectify the financial problems immediately. If we can recover the expenses, we will recover them immediately. If we cannot recover them, we will suppress the performance and get back the lost expenses. But can you not enter the economic investigation industry? This has a huge impact." Wang Junhe, as the group's legal adviser, knows that once the economic investigation comes into play, almost all the bosses of the subordinate groups will not be spared, and all of them will go to jail. By then, Junhe Insurance will not be able to survive. When it comes to creating business, even recruiting senior executives will be a problem in the future.

"Mr. Ye, we will rectify the financial problems immediately. Please give us some time!" Bi Xingfa also quickly agreed.

"Boss Ye..."

Just as Cai Xiaoling was about to speak, she was stopped by Ye Fang. As the chief financial officer of the group, Cai Xiaoling had the group's personnel and finances under her jurisdiction, so she was to blame for financial problems. She was not worried about problems with her accounts, but was considering the problem entirely from the perspective of the group. She hoped that Ye Fang would temporarily put aside his thunderous anger and try to think of solutions to the problem from another angle.

Ye Fang did not speak for a long time, and the entire conference room was watching Ye Fang's attitude. The tense atmosphere in the entire conference room made it difficult to breathe, especially the financial directors who participated in the meeting were trembling.

At this moment, Nan Yi pushed open the door to the meeting. After Nan Yi walked in, he sat back in his seat and said, "The economic investigation has arrived and the investigation can be started at any time."

Hearing this news, the hearts of all those attending the meeting were tense. If Ye Fang really wanted to launch an investigation, it is estimated that at least half of the people in this meeting room would be taken away, and they would be sentenced to a year and a half in the lightest case, or to a year and a half in the worst case. At least three to five years later, once you get out, your life will be basically over.

Ye Fang's eyes swept over the faces of everyone in front of the conference table one by one, and everyone's reaction was seen in his eyes. After a long time, Ye Fang sighed softly and said, "A fortune teller told me that I am destined to be killed." Po Langxing is destined to die alone all his life. The cause and effect of all of you here are tied to me. I am too busy, and that is why I rarely participate in the specific management of the group. The reason why I can trust you to leave the company's business to you, It’s because I believe you can do a good job even if I’m not here.”

At this point, Ye Fang looked back at Cai Xiaoling and continued, "Xiaoling has worked very hard. She is a human being, not a god. Too many company managements require you, the person in charge here, to have enough self-discipline, otherwise it will be like what is recorded in these audit reports." Same. I must admit that I also have a lot of responsibility for this, as I have delegated too many regulatory tasks in the company to people instead of to the system."

"Human nature is difficult to stand the test. When money and power are both in front of you, it is difficult not to be tempted. Either corruption or abuse of power. The key to this is the lack of effective supervision mechanism. I announce that from now on, the group will An internal audit committee has been established, and I personally serve as the chairman of the committee. The group has regular audits every six months and a year-end audit at the end of the year. After the audit is passed, rewards will be based on merit. If fraud occurs again, don't blame me for being ruthless." Ye Fang said slowly.

Everyone heaved a sigh of relief when they heard what Ye Fang said, knowing that Ye Fang would probably not be held accountable, at least he would not be transferred to the prosecutor's office.

"As for the results of this audit, the death penalty can be avoided, but the living crime cannot be escaped. Zhou Kai, be relieved of all positions in the group and transferred back to the headquarters. The wages of the fictitious personnel will be recovered within a time limit. If you lose a penny, I will let you go to jail!" Ye Fang He yelled angrily, scaring everyone so much that they dared not speak out.

Hearing the result that Ye Fang said, Zhou Kai couldn't help but let out a long breath. He was finally relieved, at least he didn't have to go to jail.

"The problem with Junhe Insurance is mainly a problem with the bosses of the branches below. After the company's business stabilized, these people did not want to make progress and only thought about how to make money. The falsely reported business promotion fee of [-] million yuan was divided according to the company and all were recovered. When I come back to the headquarters, I don’t care whether Director Wang is holding people accountable, pressing down on tasks, or cutting personnel expenses. You just need to ensure that this doesn’t happen in the future.”

Hearing what Ye Fang said, Wang Junhe took the initiative to stand up and acknowledge his leadership responsibility, and at the same time volunteered to be fined three months' salary as punishment.

Ye Fang nodded and motioned for Wang Junhe to sit down.

Later, Ye Fang gave instructions on the problems of Xingfa Fund and Property Group. With Wang Junhe's example, Bi Xingfa also took the initiative to receive the penalty and immediately carried out financial rectification.

In the end, Ye Fang decided to exchange the financial directors of the subsidiaries. Gu Zhuoyi also served as the chairman of Defang Real Estate and was promoted to senior vice president of the group, in charge of the group's real estate business sector, including the property group.

Bi Xingfa and Wang Junhe looked at each other, knowing that they missed a promotion opportunity due to audit issues.

After the audit issue came to an end, the meeting was suspended for half an hour. Afterwards, Cai Xiaoling and Wang Junhe took Zhou Kai to the Xiyuan study room and met Ye Fang. When he saw Ye Fang, Zhou Kai knelt on the ground with a plop, and then cried bitterly that he had betrayed Ye Fang's trust.

Zhou Kai was introduced to Ye Fang by Wang Junhe. In just a few years, he went from a small real estate agency to a high-ranking official. Zhou Kai firmly seized the opportunity Ye Fang gave him, but in the end he lost it because of money. .

Ye Fang looked at Zhou Kai who was kneeling on the ground with a gloomy face, and said slowly, "Zhou Kai, I dare say that you should be the fastest promoted and the most profitable among your peers, right?"

Zhou Kai nodded indifferently, lowering his head and not daring to look into Ye Fang's eyes.

"Have you never thought about the reason why you were promoted so quickly? Are you really super capable? Let me tell you, no! It is the company's platform that gave you the opportunity. Without this platform, you would have no chance at all. Wrong Take the platform for your ability, mistake your position for your ability, and mistake your circle for connections! Now that you don’t have a company behind you, walk out of the gate of Xiyuan and see if you can still enjoy the feeling of being surrounded by stars? What other boss would be willing to Look at you one more time!" Ye Fang scolded unceremoniously.

"If it weren't for the fact that Lao Wang introduced you here and wanted to fight with me, I would have kicked you to jail." Ye Fang said with hatred.

"Mr. Ye, I know I was wrong. No matter how you punish me, I will accept it! Just don't drive me away!" Zhou Kai begged.

"You get up first!" Ye Fang shouted.

Wang Junhe on the side pulled Zhou Kai up and said in a low voice, "Mr. Ye didn't say he would drive you away, so what are you in a hurry for?"

Ye Fang glared at Wang Junhe angrily and said, "How dare you plead for him?"

"Don't worry, Mr. Ye, I will make up for the money I owe to the group. It won't happen again." Wang Junhe said quickly with a blush on his face.

Ye Fang snorted and said nothing. He looked at Zhou Kai and continued, "Zhou Kai, the tens of millions you swallowed are not even money to me. You spent or squandered the money carelessly, even if it was a treat." It doesn’t matter if you give me gifts. But you enrich your own pockets, which is my bottom line, and your methods are so low-level. How can you convince the public, and how can you lead German Real Estate to continue on its path?"

"Mr. Ye, I know I was wrong!" Zhou Kai lowered his head and said with a sad face.

Ye Fang turned to Cai Xiaoling and told her to call Liao Yuanzheng in. Cai Xiaoling nodded and walked out. After a while, Liao Yuanzheng followed Cai Xiaoling into the study.

"Mr. Ye, are you looking for me?" Liao Yuanzheng said.

"Lao Liao, after the meeting, ask Zhou Kai to go to South Africa with you and hand over the South African real estate business to him." Ye Fang said solemnly.

Liao Yuanzheng looked up at Zhou Kai, nodded and said, "Yes."

Ye Fang pointed at Zhou Kai and said, "I'll give you another chance. The South African oil town is undergoing urban construction. You go over and seize this business and be directly responsible to Mr. Liao."

"Yes, I will definitely do it well. Thank you Mr. Ye, thank you Mr. Liao!" Zhou Kai said happily.

Ye Fang ignored Zhou Kai and said directly to Liao Yuanzheng, "Old Liao, if Zhou Kai disobeys your discipline and makes any mistakes, you can fire him directly. He doesn't need to go back to South Africa. Let him stay in South Africa." Find an African girl to farm."

Liao Yuanzheng smiled and said, "No, Mr. Zhou will definitely do a good job in the real estate business, don't worry."

Hearing what Ye Fang said, Cai Xiaoling and Wang Junhe couldn't help but smile, knowing that Zhou Kai's crisis had been successfully passed. South Africa is a bit far away, but if you do well, you still have a chance.

After dealing with Zhou Kai's matter, the meeting continued half an hour later. Everyone was present except Zhou Kai.

Ye Fang's move shocked everyone at the meeting. The second half of the meeting was the time for Ye Fang to find out the funds and business conditions of each subsidiary. Over the past year or so, the entire group's business has steadily increased and is still in a period of rapid growth. It is also the three years of golden development for every enterprise.

Ye Fang carefully wrote down the reports of each company on paper. Everyone discovered that Ye Fang's meeting seemed to be just to make money. He wanted to clear out the funds after getting a thorough understanding of the business conditions of all subsidiaries. There is almost a consensus in everyone's mind that Ye Fang seems to be making a major investment that requires a lot of funds.

The entire meeting lasted until seven o'clock in the evening. Just when everyone was hungry, the meeting came to an abrupt end. Ye Fang did not make much concluding remarks. He just made a request that all subsidiaries should not invest in expansion before the end of the year. Business, institution opening and company investment business are all suspended.

The real estate sector is accelerating destocking and promoting cash flow back.

Junhe Insurance continues to make every effort to promote business expansion, aiming to reach new highs in business scale and create more cash flow for the group.

Xingfa Fund will only issue a one-year capital pool fund product before the end of the year, with an annual interest rate of 100% and a raised capital of [-] billion, with no upper limit.

The only thing that the entire group can continue to invest in is the South African oilfield drilling business. It will increase production and stop selling all crude oil to the outside world. At the same time, it will acquire oil from other oilfields and increase reserves, as much as it needs.

When Ye Fang announced these two measures, everyone was stunned, and even forgot about the hunger in their stomachs. Bi Xingfa asked worriedly, "Mr. Ye, if this kind of capital pool business does not have a short investment time, the rate of return will be If ultra-high business is used as support, it is very easy to be unable to pay. Once the eight percent interest rate business is released, the market will immediately go crazy. By then, not to mention 100 billion, not even 500 billion will be able to stop it."

Ye Fang knows that the annual interest rate of [-]% is almost twice the current one-year interest rate. Once it is introduced to the market, the speed of raising funds should be very fast. Even under the current sluggish economic situation at home and abroad, residents I still have a lot of savings in hand.

"And this can easily lead to suspicions of competing for regular business with banks, and the bank regulatory authorities will definitely intervene." Bi Xingfa turned to look at Wu Jianian in the corner and said.

Wu Jianian's Yongcheng Bank is on the first floor of the Financial Center Building. Once the news is released, the deposits of Yongcheng Bank will be emptied instantly. At this time, Wu Jianian's face had turned the color of pig liver. Of course he knew that once the news was released, not only Yongcheng Bank, but also the bank deposits in the entire capital would be loose. After all, there are no one-year products on the market. Eight percent annual return.

Even the fund products issued by fund companies are basically only products with a term of more than two years, and the interest rate is above [-]%. However, there is a threshold, and the minimum investment is one million, so ordinary people have no way to participate.

"Mr. Ye, let me ask, what is the starting investment amount?" Wu Jianian raised his hand and asked.

Ye Fang raised a finger to Wu Jianian and said slowly, "The starting price is [-]!"

"What?!" When Wu Jianian heard Ye Fang's words, he immediately felt that his heart was about to pop out. He quickly took out the quick-acting heart-saving pills and took them.