Wei Lan's condition has been very bad recently, and she is plagued by various problems, so much so that she can hardly bear it any longer.
A few months ago, Wei Lan was a famous beautiful CEO in Shanghai. As the general manager of Juncheng Real Estate in Shanghai, she had great success in the business world of Shanghai with her extraordinary beauty and excellent personal abilities. Her father, Wei Jun, He is the chairman of Juncheng Real Estate. The father and daughter are the only father-daughter pair in the Shanghai real estate industry and are very famous in the Shanghai market.
Before the incident, although Juncheng Real Estate was not ranked among the top five in the Shanghai Stock Exchange, the hottest domestic real estate market, it was at least one of the top 10 and was rising rapidly. People in the industry were generally optimistic that Juncheng Real Estate would be able to join the Shanghai Stock Exchange in 2003. Among the top five real estate companies, it was unexpected that Juncheng Real Estate suffered a blow when it was at its peak.
Since last year, Wei Jun has invested a lot in the development of the Shanghai New District. With his strong relationship with the top leaders of the new district, he has found the right time, place and people in the development of the new district. He has invested in three projects in the new district in one breath. Real estate projects, when these three real estate projects are about to be completed, the land prices in the new district have soared by almost 30 to 40%. If the real estate projects are successfully launched in the second half of the year, Wei Jun can make a lot of money from them.
It's just that Wei Jun was very unlucky. Some time ago, the top leader of the New District was double-checked for corruption. The first target of investigation by the relevant units was Wei Jun. The top leader of the New District had at least 20 to 30 million yuan worth of assets of unknown origin, and more than half of them came from Wei Jun. Jun, this suddenly pushed Wei Jun to the forefront of this matter.
This is not over yet. At this time, Wei Jun's competitors came up with the idea of Juncheng Real Estate. The opponent's goal was very clear. They wanted to take over Wei Jun's Juncheng Real Estate in one go, so they teamed up with higher-level officials to directly use Wei Jun as a suspect. On the grounds of bribery and illegal operation of multiple real estate projects of Juncheng Real Estate, all three properties of Juncheng Real Estate that were about to be completed were sealed, and the company's accounts were temporarily frozen.
Sealing means temporarily suspending construction and prohibiting any form of buying and selling. As for when the sealing will last, the relevant units did not give a specific time limit. They only gave a general statement: only after the investigation and prosecution of the top leaders are fully investigated. After the case is closed, it will be possible to unblock these three properties, and this will only happen if the three properties of Juncheng Real Estate are found to have no illegal operations.
This move was very cruel, and it immediately strangled Wei Jun's lifeline. Every project of the real estate developer is a huge investment, a small amount of which is his own money, and a large amount of it is the bank's money. The bank interest rate is frighteningly high. But as long as the project progresses normally, the bank interest rate is nothing. Once the market opens, even the capital and interest will be returned. But once the real estate project is blocked, it will be over. Once the repayment date stipulated with the bank arrives, the company does not have enough money. If they use the money to repay the loan, then the bank has the absolute power to take back the three real estate projects mortgaged to them and make up for its own losses. If things really come to this point, not to mention the three real estate projects are gone, and the funds invested before will also be lost. It's all wasted.
The real estate industry is a lucrative industry, but it is also an industry with extremely cruel competition. There are many demons in this industry who eat people without spitting out their bones. Among them, there are even more hunters who hide in the dark. They are like a professional. A behemoth that upgrades by devouring reinforced concrete, it constantly relies on devouring the efforts of others to strengthen itself. Juncheng Real Estate invested a lot of manpower, material resources, financial resources and connections in the early stage to promote these three real estate projects from scratch, and it is about to reap the rewards. Yes, as soon as the protective umbrella above the head is in trouble, the fruit pickers will come.
This severe situation crushed the battle-hardened Wei Jun. He knew very well that someone was trying to kill him, and the other party was someone he couldn't afford to offend. With so many real estate projects across the country, more than 80% of them Real estate projects will have some connections with local officials. If they really want to be investigated to death, who can avoid being found out
Juncheng Real Estate invested more than 1 billion in these three real estate projects, a large part of which came from bank loans and investments from other shareholders. The time span from the thorough investigation of a corruption case to the final settlement took at least one or two years. In 2017, three real estates were closed for one or two years. The bank interest alone would kill people. If the loans were not repaid, the real estates would eventually belong to the bank. If the bank changed hands again, these three real estates would be lost to competitors. Take it away easily.
What's more, no one knows whether Wei Jun will be held accountable for bribery when this case is investigated. There is a powerful behind-the-scenes pusher. Maybe the other party wants to get Wei Jun into it first, and then get him involved. Juncheng Real Estate went bankrupt.
At the beginning, Wei Jun looked for people everywhere to clear the relationship, but it was of no use at all. The relevant departments would not let go at all. Later, news came out that the investigation of the fallen officials by the relevant departments had made great progress, and the other party could not bear the heavy burden. He has already started to give up inside. Wei Jun has consulted a lawyer. Based on the amount of interest between him and the fallen officials, once the other party gives up, Wei Jun will face at least ten years in prison. If someone behind the scenes deliberately wants to punish him, I'm afraid it will take a few more years on top of this.
Wei Jun panicked. For a businessman in his early fifties, his business had just entered its prime. If someone plotted against him at this time, not to mention a sentence of more than ten years, even five years would be enough to cost him dozens of dollars. Years of hard work have all been ruined. In the past few years, people have been destroyed beyond recognition, and their own enterprises will definitely not be able to hold on. The online project will be taken away by the bank that borrowed the loan, and other fixed assets will also be taken away by other shareholders and creditors. Fight for it, and when you get out of prison, you will be an old man with nothing.
In panic, Wei Jun left Hong Kong in panic and went to the United States. The Wei family still had some fixed assets and deposits in the United States. Wei Jun could avoid being caught suddenly by going to the United States. He could lose the company, but he could not lose himself and himself. All companies will pay for it.
Before Wei Jun left the country, he entrusted Juncheng Real Estate to Wei Lan, asking Wei Lan to find a way to smoothen the relationship while being prepared to give up Juncheng Real Estate. If Juncheng Real Estate could not retain it, what Wei Lan had to do was to avoid it as much as possible. The loss is as much as can be recovered. After realizing all the recoverable assets, I took my mother to the United States and never came back.
This is the Wei family's strategy of abandoning the car to keep the coach.
Wei Lan has recently been negotiating and negotiating with various departments and major companies in the Shanghai market in a high-profile manner. At the same time, she has been carefully and low-key dealing with some Wei family's real estate and has made plans to leave. However, for Wei Lan, she is unwilling to do so unless she has to. I left Shanghai and China, because this was not only the place where I grew up, but also my father’s lifelong struggle. If I failed to hold on to this career for him, it would be a huge blow to his future, and I would not forgive myself.
At this time, Wei Lan was sitting in her spacious office, facing a small team of three lawyers. Her beautiful face was covered with clouds. The lawyer had just returned from the court and brought her very bad news: The court has officially issued a document requesting Wei Jun to assist in the investigation, which means that the court has begun to take action on Wei Jun...
(End of chapter)