Starting Sign-In from a Billionaire God-Chapter 848

Lin Fan wants to stop Xingjian Group from going public?

Feng Ruolan said it herself, can there be any doubt!

Li Jian was both angry and upset. How dare that Lin Fan kid target the Li Family, especially on a major issue that concerns the fate of the family's public listing!

Feng Ruolan said, "Mr. Li, Little Fan said you eliminated him unfairly, so he wants to teach you a lesson. Is that the situation?"

Li Jian snorted, "No! I eliminated him following the procedure; his bid wasn't as good as others. He shouldn't blame me. We indeed had some misunderstandings before, but I already apologized to him. His elimination has nothing to do with our previous disagreements!"

Feng Ruolan asked, "Mr. Li, are you sure you didn't sabotage him?"

Li Jian's expression remained unchanged, "Of course not. If he's targeting me because of that, then he's wronging an innocent person and showing a lack of grace, retaliating over a loss!"

Feng Ruolan sighed, "To be honest, I do feel Little Fan is going a little too far. I told him that whether Mr. Li intentionally wronged you or not, even if it's true, there's no need to destroy someone like this. It's too extreme."

Li Jian couldn't help but be a bit moved, "Miss Feng, after all, you come from the Feng Family, you have insight and grace!"

Unlike that Lin Fan kid, narrow-minded, vindictive, really infuriating.

Feng Ruolan, standing for justice even against family, actually helping Li Jian!

Feng Ruolan said, "However, Little Fan didn't listen to me. He said he has evidence proving Mr. Li deliberately eliminated him. I asked him what evidence, he said it's not convenient to disclose, and said Mr. Li should know in his heart if it was intentional."

Hearing this, Li Jian felt a bit embarrassed; of course, he knew in his heart—it was intentional.

Feng Ruolan sighed, "Anyway, I can't persuade him. Mr. Li, I called you here to explain the situation; I met with you without Little Fan knowing, wanting to hear your thoughts on what to do?"

Li Jian snorted, "Thank you for your kindness, Miss Feng, but don't worry. Everything about my company going public is in order and steadily advancing. Lin Fan wishes to sabotage it, but he stands no chance, acting like a petty person!"

Feng Ruolan responded, "Are you really so confident, Mr. Li?"

Li Jian proudly replied, "Of course!"

Feng Ruolan shook her head, seemingly not agreeing with Li Jian's confidence.

Li Jian questioned, "Miss Feng, do you not think the same?"

Feng Ruolan said, "If I thought like Mr. Li, believing Little Fan poses no threat, there'd be no need to meet with you. The reason I did is that I see your company's situation is precarious, which moved me to kindly remind you."

Li Jian felt a pang in his heart; though Feng Rulan's words were unpleasant, she seemed to know something, forcing Li Jian to take them seriously.

"Miss Feng, what do you mean by that? Could you elaborate further?" Li Jian asked.

Feng Ruolan said, "I asked Little Fan how he plans to deal with the Li Family, and he shared his plan with me. He said he already has dirt on Xingjian Group's past scandal. Once reported to the Securities Regulatory Commission, Xingjian Group's IPO will fail."

Li Jian asked, "What kind of scandal?"

Feng Ruolan explained, "Three years ago, your company had an issue with renting out a piece of land, renting the same property to two different parties, suspected of fraud. Does Mr. Li remember this?"

Li Jian laughed, "Of course, I remember. Lin Fan only dug up this? It's laughable. It was merely a misunderstanding. Back then, two clients were interested in the same plot, and one mistakenly thought we agreed to rent it to them, causing some dispute. It was later clarified, and the clients had no objections. Does Lin Fan think he can destroy me with this?"

Feng Ruolan said, "Of course, this won't destroy Xingjian Group, but if the Securities Regulatory Commission receives a report, they will investigate, and your company's IPO will undoubtedly be delayed."

Li Jian knew Feng Ruolan was right. If Lin Fan really reported it, it would impact Xingjian Group's IPO plans. Although he could explain to the commission and still manage to go public, it would at least delay it by a month or two.

Li Jian was furious, that Lin Fan kid was too despicable, purely to disgust him.

But if Lin Fan thought this would make him surrender, he underestimated him!

"Lin Fan's doing this to threaten me into selling Lijiang Land to him. Unfortunately, he's miscalculated, even if my company's IPO is delayed, I won't bow to him!" Li Jian coldly snorted.

Feng Ruolan said, "Mr. Li indeed has courage. However, the earlier mention was only Little Fan's appetizer; the main course is yet to come."

Li Jian frowned, "What else does Lin Fan have up his sleeve?"

Feng Ruolan said, "Little Fan said the sale of Lijiang Land is likely related to the IPO, suggesting there are financial flaws in Xingjian Group. It's possible that the group's recent performance hasn't been good, since it mainly relies on land leasing for profits, having a single revenue stream. If reported truthfully, the IPO might be obstructed, unless Mr. Li manipulates the financial reports, deceiving the authorities."

Li Jian angrily retorted, "Lin Fan kid is purely slandering!" 𝚏𝐫𝚎𝗲𝕨𝐞𝐛𝕟𝚘𝐯𝚎𝗹.𝕔𝐨𝗺

Feng Ruolan ignored his anger, continuing, "That's one point; another is, Xingjian Group has always been a family-run business. Mr. Li appoints only relatives, resulting in chaotic internal management. Though Mr. Li became aware of this and has reformed his management team internally over the past year, the issue is that the Securities Commission rules that companies with significant changes in management within two years cannot go public. Unless Mr. Li reports falsely to deceive the Securities Commission."

Hearing this, cold sweat finally appeared on Li Jian's forehead, but he remained outwardly stubborn, "So what? I can go public two years later. I can afford to wait!"

Feng Ruolan asked, "Are you sure you can afford to wait, Mr. Li? You're an ambitious man, unwilling to remain an invisible tycoon, wanting to make Xingjian Group the top in Yun City, becoming the richest there. So you have been expanding, but carelessly fell into blind expansion, acquiring land, building malls and offices, leading to stretched finances. Rumor has it, your real motivation for the IPO was to become Yun City's richest, but, in reality, you're in a tight spot. You're trying to raise funds through the IPO to resolve the financial strain caused by blind expansion. If Xingjian Group can't successfully go public, it may go bankrupt due to a broken financial chain. Am I right?"

Li Jian was drenched in sweat; Feng Ruolan's words were no longer about Xingjian Group's IPO success but directly pointed to its Achilles' heel!

Astonishing and unexpected, isn't it!

"Nonsense!" Li Jian wiped his cold sweat, furious, "There's no blind expansion; this must be Lin Fan's alarmism!"

Feng Ruolan said, "Xingjian Group's expansion is indeed discreet, utilizing an ostensibly unrelated company, plus the concealed nature of the Li Family's assets, making it unknown to outsiders. Unfortunately, you've met Little Fan, who can follow the clues and reveal a big scandal. Mr. Li, you can continue denying it, but facts won't change."

Li Jian fell silent.

Feng Ruolan smiled, "Mr. Li, do you still think Little Fan can't bring down your company?"

Li Jian didn't respond, but his back was already soaked with cold sweat.