The Crazy Son-In-Law

Chapter 238: Complete Collapse



Yao Han slumped weakly into his chair, feeling desperate. It had only been a few months since Tulip International had been handed over to him, and the once-profitable and rapidly growing company was now on the verge of collapse. Was he really that useless?

In the VIP room of Stillwater City Bank, Yao De angrily shouted, “Mr. Vice President, what is this? You promised us thirty million in financing loans, and now you’re going back on your word! Do you know how much trouble this will cause us?”

“I’m sorry, Mr. Yao. You’re our VIP customer, and the Yao family is a prominent and respected family in Stillwater. The loan should have been approved, but for some reason, our higher-ups disapproved them. I’m really helpless here. Please forgive me,” apologized the middle-aged man.

“Do you know how much money our Yao family deposits in your bank every year, and how much money flows through it? My father has connections with your bank’s president. If this is how you do things, I don’t think you want to be vice president anymore!” Li Chunlian yelled from the side.

The vice president still smiled, “I’m really sorry. Why don’t you ask Uncle Zhenshu to talk to the president again? Or try another bank. I don’t have the authority to approve this, and I’m genuinely unable to help.”

“Fine, since that’s the case, our Yao family will never deposit a cent in your bank again, and you won’t earn a penny of interest from us!”

“Let’s go!” Li Chunlian said, her face twisted with anger.

As the vice president of the bank watched the two leave, his face turned cold and he muttered, “Pah! What are they just so smug about. Not only will my bank not lend to you, but no bank in all of Stillwater will either. If any bank lends to you, I’ll write my name backward.”

“Song family, Zheng family, Ouyang family, even the Pearl Commercial Chamber have all given the order – any bank that dares to lend to the Yao family will be cut off from doing business with them. Compared to these three families, your Yao family is nothing. Your money isn’t even worth mentioning!”

The vice president poured a glass of water, still cursing angrily.

Then, as if deep in thought, he muttered to himself, “The Yao family must have offended some powerful figure to be able to mobilize the three major families and the Pearl Commercial Chamber at the same time. Could it be that they’ve offended some big shot in the capital?”

In the evening, at the Yao family’s ancestral home.

Yao Zhenshu’s face was gloomy.

Yao Han stood beside him with his head lowered, his face full of shame.Nôvel(D)rama.Org's content.

“Han, you’ve really outdone yourself. In just a few months, you’ve turned a thriving company into this mess. If you weren’t my own grandson, I’d want to beat you to death. How could I have a grandson like you? This is such a misfortune for our family,” Yao Zhenshu said, his words filled with disappointment.

“Grandpa, I’m sorry. I’m really sorry. Please give me one more chance, just one last chance. I’ll work twice as hard and never mess things up like before,” Yao Han pleaded anxiously.

“Somebody deliberately set me up this time.”

“Yao Cen, it must be Yao Cen. I took her position as the general manager of Tulip International, and she’s been resentful ever since. She must have set a trap for me on purpose.”

“How dare you make excuses! Was it someone else who made you go to those small factories for outsourcing? Did someone hold a knife to your neck and force you?” Yao Zhenshu scolded, his disappointment evident.

“Grandpa, wasn’t I just trying to increase our profits? Those small factories offered 20% lower prices than the original ones, and the client was in a hurry for the goods. It wouldn’t have been right to let such a large order go to another company,” Yao Han continued to argue.

“You rascal, how dare you talk back!” Yao Zhenshu was so angry that his whole body trembled, and Yao Han dared not speak.

At this time, Yao De and Li Chunlian returned, their faces showing their disappointment.

“Father, it’s strange. No bank is willing to lend to us, not even with collateral,” Yao De gasped as he poured a glass of water and drank it in one gulp, his face full of worry.

“A bunch of snobs, looking down on us. Some banks even made up excuses, saying that our family doesn’t have the ability to repay the loan. What a joke,” Li Chunlian said angrily.

Soon, she would find out that the Yao family really didn’t have the ability to repay the loan, but that’s another story.

Yao Zhenshu knit his brows and remained silent.

Yao De: “Father, think of a solution. Should we call President Luo again?”

Yao Zhenshu shook his head, “I tried, but he refused to answer.”

“What’s going on? Usually, these people are like lapdogs following us around, begging for our favor. How could they change their attitude overnight?” Yao De asked, puzzled.

Yao Zhenshu pondered for a moment and said slowly, “If we can’t get a loan, we’ll have to sell our properties. It’s okay if the price is low; the priority is to quickly gather funds and set up the new company as soon as possible. We can quickly make up for this loss.”

“Alright, I’ll contact the real estate agency tomorrow. But even if we sell all of our spare properties, we’ll still be far from having enough funds,” Yao De replied.

Yao Zhenshu hesitated for a long time before gritting his teeth and saying, “If we can’t raise the funds, we’ll have to sell our shares. As long as the price is low enough, the world is full of greedy people. I don’t believe that the Yao family can be driven to extinction by a few banks.”

“For the new company, I suggest we don’t put it under the headquarters’ name,” Yao De said.

“Let’s do as you suggested.”

The next morning, Yao De registered several idle properties under the Yao family’s name at a real estate agency, with prices 20% lower than the market value. It was painful, but there was no other choice.

Thirty percent of the shares were also registered at the stock exchange center, with relatively low prices.

In two or three days, the properties were quickly sold, but there was little interest in the shares.

“Father, besides a Mr. Wen from Oakland Finance showing interest in our shares, no other investment companies have inquired about our family’s shares,” Yao De said with difficulty.

The Yao family was unaware of the reasons for the equity changes in the Sikong family at the time, so naturally, they didn’t understand the relationship between Wen Guangliang and Xiao Shun. “But… but…” He hesitated to continue. “What is it? Stop stuttering like a woman. We don’t need another Yao Jianguo in the family,” Yao Zhenshu said unhappily. “The other party is offering only half the current price,” Yao De said, biting the bullet. “Half?” Yao Zhenshu sneered. “They might as well rob us! Is our Yao Group worth so little? Nonsense! They want to take advantage of us, but there’s no way, even if we lower the price, we won’t lower it that much. So, what do you think…?” Yao De asked cautiously. “Lower it to 70% of the current price,” Yao Zhenshu said with a trembling heart. If they sold at that price, the Yao family’s assets would shrink by 30% in an instant, which would be a huge blow.


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