novelhk Page 560
Page 560
At 8:00 AM sharp, the deadline for construction to begin had passed.
One minute later, the application materials in the judge's hand officially took effect: Zhongming Infrastructure failed to meet the commencement milestone on time, and according to the original contract, it would be regarded as a "stage failure to win the bid" and would need to resubmit the approval process.
In addition to a series of "external influencing factors", the port authority had to intervene in the verification process, and the entire project was postponed indefinitely.
Hong Wentong personally delivered copies of the documents to the office of the Port Authority, along with a brief explanatory letter.
"Due to the project's failure to win the bid, Dongxing's subsidiary, Deguang Construction, intends to apply again to participate in the next round of bidding and is willing to cooperate with the government's procedures!"
Several members of the port authority's staff changed their expressions upon receiving the letter.
Everyone in Hong Kong knows that Tung Sing never directly enters the market to snatch projects. The fact that Tak Kong was able to come forward under its name this time already sends a signal—Xu Lang has his eye on this land, and no one else can get involved.
Meanwhile, Zhongming Infrastructure was also in turmoil.
·····Requesting flowers····0
What does it mean when a project fails to attract bids? It means that subsequent funding will not be approved, and that the short-term working capital they have borrowed from various channels cannot be replenished in a timely manner.
Once a default is made, the pressure of repaying the loan, compounded by interest, will come crashing down like a boulder.
The vice president in charge of financing sent letters to three lending institutions overnight to request a delay, but all they received was a "funding approval suspended" message. One of them even went so far as to freeze their liquid accounts.
............
Upon hearing the news, Liu Yongxing froze in his office, his face turning deathly pale.
He originally intended to use this dock project to tie down the resources of Tojoyama Branch. Once successful, his position would be secure, and no one would dare to touch him.
But now, no funds have come in, the venue has been sealed off, public opinion has collapsed, and Xu Lang has uprooted all of his external connections without ever stepping out of the house.
And that's not the end.
At 2 PM, a logistics company controlled by Dongxing issued a statement saying, "Recently, the market has been highly volatile, and some partners have credit issues. The company has conducted a comprehensive investigation into the background of its partners and has temporarily suspended all cooperative projects with Zhongming Infrastructure and its subsidiaries!"
Following closely behind, another building materials supplier also announced a "suspension of supply."
Chapter 608 Construction Begins at Tunwan Factory Area
Within just one hour, four companies terminated their dealings with Zhongming Infrastructure, causing the supply of all the remaining materials they had to be cut off.
When Longfei called Matsui to ask, the other party simply replied with a curt answer.
"You should have expected this situation!"
Matsui wasn't unaware of the danger of this situation; he simply didn't want to sink into the mire with these useless people.
He preferred to remain inactive rather than continue to allocate resources to a company that couldn't even manage basic risk control.
Long Fei finally understood that this defeat was not due to who dared to make a move, but rather that Xu Lang no longer needed to make a move.
He only needs to stand aside and watch you lose your composure, watch your cash flow dry up, watch your morale crumble, and watch you slowly rot away amidst a pile of contracts.
At 9 p.m. that night, the area outside the Xisha Wharf was quiet. Zhongming Infrastructure withdrew its last construction vehicle, and several project managers smoked in the car without saying a word.
Meanwhile, the trucks belonging to Tung Sing had already changed their signs and returned to Tunwan. The tires were still warm when the dispatch center began arranging the next round of transportation plans.
Xu Lang sat in his main office, flipping through the latest round of project bidding lists, his face expressionless.
He knew that many people had not yet made a move, and many forces were still observing from the sidelines.
But from that moment on, those people began to feel a real fear of the name "Dongxing".
The fear wasn't about how many guns Xu Lang had, but about how he could wipe out all your plans without saying a word.
This is the effect he wanted.
In the battle at Xisha Wharf, Tung Sing didn't fire a single shot, yet they controlled the entire situation.
Xu Lang did not appear, make any statement, or make a grand announcement of victory.
But from the next day onwards, everyone in Hong Kong knew that the pier would henceforth belong only to Tung Sing.
In the main hall, Hong Wentong brought yesterday's summary report early in the morning. The materials were few, but they were all crucial.
"Zhongming Infrastructure has come to a standstill."
Liu Yongxing hired two financial advisors overnight, but the funds in the account wouldn't last more than ten days!
"Long Fei also began to reduce his forces in Causeway Bay."
Yaochen Jewelry has closed all three of its stores for rectification and is not expected to reopen anytime soon!
"The people from Qingyuan Logistics have left. They moved out of the seafood market yesterday, and the stall owners have signed new logistics contracts with us!"
"Furthermore, two other smaller branches of the Tianlong Society have expressed interest in 'low-key cooperation,' meaning they're willing to pay us a portion of the booth fees in exchange for no longer being restricted!"
The judge, seated to the side, pushed a document onto the table...
"This is the latest revised tendering process table released by the Port Authority. The subsequent projects at Xisha Port will be reassessed, and the tendering process is expected to reopen next month."
DG has submitted a letter of intent!
"The evaluation committee has also had three members replaced, all of whom are people we know!"
Wang Jianjun didn't say anything, he just stood aside, lit a cigarette, and looked at the few pages of documents.
Xu Lang glanced at the report but didn't say much.
Hong Wentong then added a sentence.
"However, there are also rumors that the Sankou-gumi is arranging for new people to come over to 4.0 to share some of the work with the Tojo-yama branch."
The exact name isn't clear yet, but I've heard it's someone skilled in financial operations!
Xu Lang closed the file, his tone calm.
"Any movement from Matsui's side?"
"Not at the moment!" He Xigui replied from the side.
"But our people have observed that he has been frequently in contact with several people from the old financial circles in Hong Kong recently, presumably trying to fill a gap in the capital sector!"
Chapter 609 Rules for the Main Hall Night Meeting
"Keep an eye on them and don't let them pull any new tricks!"
"it is good!"
The meeting ended quickly; everyone understood that this was just the beginning.
The enemy has been overturned, but the root of the problem has not yet been uncovered.
Xu Lang didn't say he wanted to eliminate the root of the problem, because he knew that this situation couldn't be resolved all at once; it had to be dealt with slowly and gradually.
That evening, Xu Lang personally went to that old piece of land in Tunwan.
The development project has been restarted, the perimeter fence has been replaced with new slogans, and construction workers are busy measuring and cleaning under the direction of the workers.
Lei Yaoyang was on-site coordinating the situation, and the head of the construction company also came to greet him, looking very humble.
Xu Lang didn't say much, but just looked around and stopped at an open space, looking at the red lines drawn on the ground.
"Is an exhibition hall going to be built here?" he asked.
The construction company representative nodded and explained in detail.
"Yes, it will mainly be used to display jewelry, luxury goods, and high-end artworks, making it easier to attract foreign businesses!"
What is the area?
"Five thousand square meters!"
"Double it!"
The man paused for a moment, then immediately nodded in agreement.
Lei Yaoyang walked over and asked him in a low voice if he needed to transfer people to keep a close watch on the surrounding area, since the project had just started and they were most afraid of someone causing trouble.
Xu Lang simply waved his hand, indicating that there was no need to be too nervous.
What he needs now is not defense, but to continue the advance.
A few minutes later, he walked to the outer corner, a place that used to be an abandoned warehouse that was slated for demolition.
Xu Lang glanced at it and changed his mind on the spot, ordering that it be kept, slightly renovated, and converted into a material transfer point.
"Don't let the dilapidated appearance fool you, this is the safest place!"
He said one sentence without explaining much.
Those accompanying him knew what he was thinking.
Xu Lang never does things superficially.
The brighter the place, the deeper he hides; the more abandoned the place, the denser he lays his hide.
When Xu Lang returned to the main hall that evening, he had just sat down when the white-clad assassin, Aji, arrived.
He was soaking wet, clearly having just come back from outside.
"Brother Lang, I have news!"
"Say!"
"The Tojoyama branch is indeed preparing to change personnel."
The newcomer is named Yokokawa Nohiko. He used to be the head of the Yamaguchi-gumi in charge of financial flows in the South China Sea. He is very cunning and specializes in underground banks and short-term financing channels.
"It seems Tojoyama can't hold on any longer; they'll need him to bring in funding!"
"When will it arrive?"
"The earliest is the day after tomorrow."
However, we're not coming directly to Hong Kong Island; we're going to Thailand first!
"Send someone to pick them up!"
"understand!"
Ah-Ji then whispered.
"In addition, Liu Yongxing has not given up yet."
He went to the East Bay Financial Alliance Chamber of Commerce last night and met with a conglomerate head surnamed Chen, apparently wanting to establish a new funding channel!
"Have Wang Jianjun lead his men to keep an eye on things, but don't make a move yet. Let's see what they're up to first!"