Chapter 27 Why did you come back here if not to inherit the family business?
The Lin Group had ten buildings in its located area. Although the buildings were not tall, they covered a large area. In this city of Jiangbei, where the land purchase is expensive, you could see that the group had robust financial resources.
At that time, Lin Yuan was at the gate of the tallest building of the Lin Group. His parents were also located there.
As soon as he entered the building, many people noticed his coming. It was clear that many people recognized Lin Yuan, the young master of the Lin family.
Soon, a beautiful lady receptionist came over and took Lin Yuan to rest in a comfortable room.
Seeing Lin Yuan’s handsome face, the eyes of the beautiful receptionist lit up, and her pretty face turned slightly red.
“Hello, young master! The chairman already know that you have arrived and is coming downstairs,” said the beautiful receptionist.
“Okay.” Lin Yuan nodded with a smile.
The face of the beautiful receptionist turned redder, seeing the young master smiling at herself.
Lin Yuan saw his parents, Lin Jianjun and Meng Yuelan, soon afterward.
“Xiao Yuan, what are you doing here? Are you planning to come back and inherit the family business?” Meng Yuelan asked Lin Yuan directly as soon as she came in.
“Why should I inherit? If I Inherit, I will get too busy like you guys. Furthermore, you both are very young.” Lin Yuan shook his head.
Lin Yuan started his own business a while ago.
And Lin Yuan would not inherit the family business now, because he felt that he would suffer a lot of shackles when owning it.
He knew a lot of secrets and thus it was not difficult for him to succeed. He only needed to draw support from the power of the family.
“Why did you come back here if you don’t want to inherit the family business?” Lin Jianjun asked.
“I have come here for an important matter, let us go to the seventh floor and talk,” Lin Yuan said.
The whole family soon went to the seventh floor of the building.
This seventh floor was mainly where the Lin Group managed the investment and financial management, as well as stocks and so on.
There were hundreds of computers in the building, and a large electronic display screen on the wall, on which there are countless curves representing stocks jumping about frantically.
A thirty-year-old white-collar female worker walked over when she saw Lin Yuan, Meng Yuelan, and Lin Jianjun arrive there.
Chen Pei was astonished when she glanced at Lin Yuan, the rarely seen young master of the Lin family.
She then turned her head directly to Lin Jianjun and Meng Yuelan and said, “Chairman, you are here at the right time. We were preparing to tell you one thing. There is a stock called Changhong, and the shares of it have a rising trend. According to the observation of our holding team, it will continue to rise. Hence, we want to apply for five billion yuan to purchase the shares!”
Most of the people in the building were responsible for the investment and financial management. There was also a holding team[1], and Chen Pei was the leader of this holding team.
She was a capable person, and she was very good at trading stocks, helping the Lin family earn a lot of money.
Upon hearing Chen Pei’s words, Lin Jianjun and Meng Yuelan discussed it for half a minute, then nodded: “Okay, we’ll go to the finance department to inform them…”
“No! We can’t use 5 billion to buy the shares of that company!” Lin Yuan suddenly said.
The approval of Lin Jianjun and Meng Yuelan did not surprise Chen Pei. However, to Chen Pei’s surprise, the Lin Family young master suddenly shouted his opposition.
Lin Jianjun and Meng Yuelan also looked at Lin Yuan with dumbfounded expressions.
“I came to the company today precisely because I wanted to say that we cannot invest in this Changhong shares.” Lin Yuan said.
Lin Yuan’s purpose in coming to the company today was related to this Changhong stock.
He remembered after the Lin Group invested 5 billion.
The stocks that had a fabulous rising trend would plummet strangely, and the Lin Group would suffer from a financial loss of 5 billion.
Although the five billion yuan would not seriously hurt the vitality of the Lin Group, it was still a massive financial loss.
It was also the little stone that snowballed into a crisis and later capsized the Lin Group.
So Lin Yuan intended to start saving the Lin Group by not purchasing these shares.
Lin Jianjun, Chen Pei, and others were not aware that Lin Yuan knew this share would plummet.
Chen Pei, who was very confident in her ability to judge the stock market, asked Lin Yuan: “Master Lin, why are you saying that we cannot purchase these shares?”
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References:
[1] You can check the meaning of a holding company in Wikipedia. The holding team is basically a stock trading team. They specialize in stock trading by occupying controlling stake in the company