Because Changda Group has had similar experiences, Guan Yuntian is very familiar with the organizational structure of a wholly-owned subsidiary. Although Lao Chu is the legal representative of Haitian Business Center, he is actually equivalent to a specific executor and has the decision-making power of the project.

They were still in the hands of Fangyuan Holdings' board of directors. He believed that the parent company could only give Lao Chu these powers.

"Mr. Guan, I'm not a person who likes to seize power. It doesn't matter how much power I have, how much work I can do. The key is that they asked me to do a lot of things, which are far beyond the scope of my rights. My position is very embarrassing." Lao Chu frowned.

Lock tightly.

"So that's it! That's the problem with the management of Fangyuan Holdings. Since it doesn't give you that right and makes you bear that responsibility, isn't it intentional to make things difficult for you?" Guan Yuntian, as the chairman of Changda Group, he

I really don’t understand what the management of Fangyuan Holdings is doing.

"I don't know if they are deliberately making things difficult for me, but there are many things that really make it difficult for me to do," Lao Chu said.

"But Mr. Chu, what does the disagreement at work between you and the management of the parent company have to do with the unreasonable expenditures that occurred during the construction of Haitian Business Center?" Guan Yuntian said.

"Of course it has something to do with it, otherwise I wouldn't expose the internal scandal of Fangyuan Holdings in front of you, an outsider."

Because it involves the internal conflicts of the other company, Guan Yuntian cannot say more, but as it relates to these unreasonable expenditures, he is quite interested in this topic.

"Mr. Guan, why do I feel so helpless about these unreasonable accounts? Because more than 90% of the expenses come from several leaders of the parent company's management. As you guessed, if it really only deals with projects

During the construction process, the reception fee of 50,000 yuan per month is enough for the reception and delivery," Lao Chu said.

"Oh, all the expenses incurred by the management of the parent company are reimbursed here, why don't you refuse? After all, you are also the legal representative of Haitian Business Center, not the cashier of the leaders of Fangyuan Holdings management!"

"This boils down to what I said earlier. Haitian Business Center is a wholly-owned subsidiary of Fangyuan Holdings. Every penny spent on project construction comes from Fangyuan Holdings' financing in the secondary market. I just

But I was appointed by the management to do the work. If I disagree with them, the board of directors can find someone to replace me at any time." Lao Chu was also very aggrieved and had trouble speaking.

"So, you completely ignored the principles and the financial staff under you. Didn't they remind you that doing so is illegal?"

"Under heavy pressure, how can I care about principles? As for the financial staff under me, they were arranged by the management of the parent company. Maybe they are monitoring me. They are eager to cater to the leaders of the parent company so that they can take credit there.

Please reward me."

"Mr. Chu, since all the funds invested in Haitian Business Center come from the parent company and are actually money from Fangyuan Holding Company, why should the management bring a large amount of unreasonable expenses here for reimbursement?" Because the management of Changda Group is very

To be honest, Guan Yuntian really can't understand this kind of unreasonable operation.

"Mr. Guan, you have also run listed companies. You know that the financial management of listed companies is relatively transparent. They have monthly reports, quarterly reports and annual reports. Those reports must be strictly audited, and unreasonable expenses cannot be recorded at all. So,

The unreasonable expenses incurred by Fangyuan Holdings, and even the expenses incurred by several management leaders, are reimbursed here. To put it bluntly, they basically regard Haitian Business Center as a small treasury of Fangyuan Holdings. These unreasonable expenses are both

Some are from work units, and some are privately owned by leaders. To make them happy, I asked the financial department to record the accounts." Lao Chu said.

"If it weren't for the broken capital chain, if this Haitian Business Center had been built in your hands, your behavior would have finally defrauded the investors who bought shares of Fangyuan Holdings in the stock market," Guan Yuntian said.

"We are not alone in this kind of thing. In fact, it is not uncommon among domestic listed companies, but it is just not known to the outside world."

"In addition to entertainment expenses, more than half of them are other unreasonable expenses, such as gifts on IOUs, high-end clothing, brand-name watches, high-end tobacco and alcohol and other items on ordinary invoices. Do you know how those expenses are incurred?

Are the purchased items used by insiders themselves? Or are they given as gifts for what purpose?"

"As far as I know, most of these expenses were incurred by the parent company in its public relations activities with major customers for product sales, and a small part was enjoyed by insiders. I will tell you who owns these items specifically.

Stop talking." Lao Chu said.

"I don't care about your company's internal affairs either. Mr. Chu, can you estimate what proportion of these unreasonable expenses are spent by the parent company on public relations for major clients and what proportions are spent by corporate insiders?"

Lao Chu did not hesitate, "Twenty-eight, I personally account for about 20%, and it is used for public relations for major clients, accounting for about 80%."

"How can you be so sure?"

"They are doing it in the open, and I am observing in secret. It won't take long to figure out that they are inseparable."

"Well, now that the project belongs to Changda Real Estate Company, it is very difficult to deal with these unreasonable expenses! Mr. Chu, please tell me your opinion."

Lao Chu lowered his head and fell silent. What could he think? If he had to express his opinion, Lao Chu would certainly hope that the Changda Group would take over the entire Haitian Business Center and its 30 to 40 million unreasonable expenses. That would be the simplest option.

But this is obviously unrealistic. Not to mention that Changda Group is a private enterprise, even a public-owned unit will not fully recognize these unreasonable expenses. Comparing his feelings, Lao Chu can understand Guan Yuntian's mood.

After a while, Lao Chu finally raised his head and said helplessly: "Mr. Guan, I really don't know what to say about these unreasonable expenses. You are buyers, so I'd better listen to you."

"Listen to me? That's very simple. My opinion is to eliminate all expenses that do not comply with the financial system. Changda Group will not recognize it."

Lao Chu smiled bitterly and said: "Oh, your knife is quite cruel. Although the matter is simple, I'm afraid that the Board of Directors of Fangyuan Holdings will delay the approval process for a long time, and won't it delay your work?"

"It doesn't matter. If they don't approve it, I still say the same old saying. Changda Group can give up at any time, and we don't have to take on this project." Guan Yuntian said simply.

"Mr. Guan, let's not be arrogant. Things have worked to this extent. It would be a pity if you choose to give up again. Not to mention the hundreds of thousands of intermediary fees spent on land evaluation, which is all the energy you have put in these two or three months."

Yes! You are so busy every day, what can you do with your precious energy? Why waste it here? Since you have put in so much energy, why not wait for the results? Don't you think so?" Lao Chu knew what Guan Yuntian was talking about.

Angrily, he hurriedly tried to persuade me.

"What else should we do? The management of Fangyuan Holdings insists on letting Changda Group collect all the unreasonable expenses of 30 to 40 million yuan. We have no idea, why should we suffer such a big loss?" Guan Yuntian

Said angrily.

"Mr. Guan, please calm down. It's impossible to accept everything as ordered, but your plan to eliminate them all is also worthy of discussion. Otherwise, let's discuss a practical plan and try our best to let you

Both the board of directors and Fangyuan Holdings can accept it," Lao Chu suggested.

"Okay! In fact, you don't know me at all. I have been in business for more than ten years, and I have experienced quite a few projects. I have never acted on impulse. The purpose of coming to you today is to discuss a solution that everyone can accept.

Method. I will let you talk about your ideas from the beginning, and you will push back and forth. Let’s talk about it this time.” Guan Yuntian said.

Lao Chu thought for a moment, "In addition to entertainment expenses and white slip receipts, there are also some unreasonable expenses directly incurred by Fangyuan Holdings. I estimated it at 28%, that is, 80% of those expenses were used for the parent company's business.

In public relations, 20% is owned by individuals. I mean, if 20% of personal ownership is deducted, what does Mr. Guan think?"

"The 20% that I own, which is only 2 to 3 million, is less than 10% compared to the total unreasonable expenditure of 30 to 40 million. Mr. Chu, you are very good at calculating for your employer!"

Guan Yuntian teased.

"Aren't we discussing it? I'm just a family. What's your plan? Let's talk about it and listen to it." Lao Chu is a naughty guy with a thick skin.

Guan Yuntian said without hesitation: "Changda Group only recognizes the entertainment expenses of 50,000 yuan per month as stipulated in relevant policies. I'm sorry for the rest."

"This----," Lao Chu wanted to retort immediately, but stopped when he reached his mouth.

"Say it! If you have anything to say, don't hold back, just say it."

"Mr. Guan, since we are sitting together to discuss solutions to the problem, shouldn't we promote this matter with a positive attitude?"

Guan Yuntian spread his hands, noncommittal.

"With all due respect, I think only 50,000 yuan of entertainment expenses per month is a bit too little! From the beginning of construction to the shutdown of Haitian Business Center, it only took a little more than a year and a half. In this way, the entertainment expenses that can be formally recorded in the account are still

Less than one million, which is far different from the unreasonable expenditure of 30 to 40 million!" Lao Chu said.

"Mr. Chu, you need to know that we act in accordance with policies and regulations. It is a matter of course that you want us to bear the unreasonable expenses of the project. That is an unreasonable request. We have the right to refuse! You have to understand that although I am interested in this transaction,

It does not mean that we are obligated to bear the unreasonable expenses incurred before."

Lao Chu smiled bitterly and said bluntly: "Mr. Guan is right. My request is indeed a bit shameless, but I also have good intentions. My purpose is to facilitate this matter. On the one hand, such a good location and project

Not bad. It is a pity that it has become an unfinished project now. In addition, your Changda Real Estate Company has strength and has just arrived in the provincial capital to develop its business. This is a good opportunity for you to successfully enter the real estate market in the provincial capital. If it can be promoted

I think this deal has more advantages than disadvantages for both parties.”

"I understand your mood, and I also think this is an excellent opportunity for Changda Real Estate Company to enter the provincial capital real estate market. Despite this, Changda Group never accepts blackmail from anyone. We have been doing this for so many years.

, this time will be no exception.”

"Mr. Guan is serious. There is no issue of blackmail in our transaction. If you are not satisfied with my plan, you can continue to negotiate."

"How to talk? The plans between you and me are very different, how to reach an agreement?" Guan Yuntian was a little impatient.

Lao Chu was not in a hurry, "Except for the gap in recognition of unreasonable expenses, we still have consensus on other aspects. Mr. Guan, how about both parties take a step forward?"

Guan Yuntian responded immediately, "Okay, you go first."
Chapter completed!