Rebirth 1983: Building My Business Empire-Chapter 560 - 543: Exploiting Loopholes

Lu Jiaxin had seen the final cut, so she didn’t go to the cinema. Unexpectedly, after Susan and Xu Yue went to see it, they came back praising it nonstop. They commended not only the engaging plot but also the outstanding makeup. freёnovelkiss-com

Excited, Susan said, "Boss, if the movie becomes a huge hit like ’Legally Blonde’, our sales this quarter are going to skyrocket too."

Lu Jiaxin smiled and replied, "The movie ’Legally Blonde’ focuses on the female lead, and the makeup looks especially attractive; ’Gambling God’ is a man’s play, with the female actors having fewer parts. Typically, it is women who like to shop, not so much men."

This movie, even if it could drive up sales of clothing and jewelry, couldn’t possibly surpass ’Legally Blonde’. Since ancient times, money from women and children has been the easiest to earn.

A thought struck Susan, "Boss, with ’Legally Blonde’ performing so well, you could totally shoot another one!"

This reminder hit home for Lu Jiaxin, "We need a good script for that. I’ll find Tian Pengyu in a couple of days and ask him to get screenwriters to see if they can produce a script that satisfies me."

The quality of the script must be solid, otherwise, she would rather not shoot at all. Classics like ’East Evil West Poison’, shot in less than twenty days, are miracles; normally, a bad script is doomed to flop.

Two days later, Lu Jiaxin visited Xinxin Real Estate. Three years ago, it was just a small enterprise, but since Lu Jiaxin’s acquisition, it had been transformed into a renowned real estate company in Hong Kong.

Tan Gang reported to Lu Jiaxin on the rent collection and the cooperation with Wansheng Real Estate, and also provided an estimate for the second quarter’s profits.

Lu Jiaxin’s main purpose for this visit wasn’t to receive reports: "The other day I sent someone to inspect some properties under the company, and the management was very lax. Not only could outsiders enter high-end neighborhoods, but security also quarreled with tenants. If the reputation suffers, who will rent from us in the future?"

It was easy for her or someone close to her to be recognized, so she specifically sent several unfamiliar faces for the inspection. Subsequently, numerous problems were revealed.

In Hong Kong, there’s no shortage of people looking to rent properties, but if the management is poor, they won’t be fooled. Only if the facilities and services are satisfactory will people be willing to pay a high price for the rentals.

Lu Jiaxin fired a vice president, who was the uncle of the rude security guard who argued with tenants, and dismissed everyone related to him and other employees found with problems during the inspection. Additionally, Tan Gang and other senior executives were docked a year’s bonus.

Lu Jiaxin, with a stern face, said to Tan Gang, "If such a thing happens again, you can stop being the general manager."

Tan Gang nodded repeatedly in agreement.

Lu Jiaxin added, "Come up with a management plan within three days."

A plan alone is insufficient; implementation is crucial. This incident served as a lesson for her. She realized she needed to occasionally send people to inspect the properties and establish a dedicated oversight department.

When Nie Zhan returned home and didn’t see Lu Jiaxin on the first floor, he asked the butler and learned she was in her room, then he went upstairs. Seeing her writing fervently, Nie Zhan asked with a smile, "What are you writing?"

Lu Jiaxin responded, "I sent a few people to check on some properties the other day and uncovered a whole host of issues. We need to strengthen management in that aspect from now on."

Nie Zhan suggested, "New World Development manages their properties very well; you could poach a senior employee from them."

Lu Jiaxin paused. She had thought about learning from New World’s management, but Nie Zhan propositioned directly poaching staff. Although his approach was straightforward and effective, it would also put pressure on the other managers.

Seeing her silent, Nie Zhan said with a smile, "As long as it’s not stealing trade secrets from another company, offering a high salary to poach talent is fair competition, so no need to worry."

Lu Jiaxin smiled, "I’m not worried, your method is good."

Nie Zhan knew of a senior employee named Qiu Houfa at New World Development, "He is straightforward and likes to stick to his principles. By bringing him over, Xinxin Real Estate will be completely transformed."

"Good."

Leave the professional work to the professionals. Lu Jiaxin approached a headhunting firm to negotiate with Qiu Houfa, promising him a higher compensation package than New World Development and the promise of maximum authority.

Five days later, the new management plan Tan Gang submitted to Lu Jiaxin was very unsatisfactory. A week later, Qiu Houfa took his new position and then went to investigate every property of Xinxin Real Estate.

The problems he uncovered were even more serious than those Lu Jiaxin was aware of. Security guards didn’t patrol at night, instead gathering to chat or sneaking naps, posing significant safety risks; cleaning staff were lazy and didn’t maintain hygiene, and the facilities weren’t repaired or replaced promptly when broken.

Lu Jiaxin’s face turned pale with anger. She had warned Tan Gang just two weeks prior that such issues must not reoccur, but nothing had improved.

It took a while for Lu Jiaxin to calm down. The poor management couldn’t just be at the lower levels; it often started at the top.

After much consideration, Lu Jiaxin abandoned the regular accounting firm and instead hired its fierce competitor to audit Xinxin Real Estate’s finances. She hadn’t informed Tan Gang or any of the executives about this move in advance; the auditors moved in directly. The sudden action caught the financial staff off guard, and by the time they reacted, the company’s accounts were already sealed and could not be touched.

Nie Zhan couldn’t help but be aware of such a significant move, and he chuckled, "What, do you suspect there’s a problem with the company’s books?"

Lu Jiaxin nodded, "Every audit finds no issues, and yet, the problems at the ground level are such a mess. Something doesn’t add up. I want to see what else they’re hiding."

Nie Zhan let out a bemused laugh, "I thought you would continue to leave things be."

Lu Jiaxin tensed and looked up at him, "Did you know about the issues at Xinxin Real Estate all along?"

Nie Zhan replied, "You rarely visited in person and didn’t have trusted people to supervise them, nor a strict management system. They didn’t even need to embezzle, they could benefit just by exploiting their position."

"Why didn’t you tell me?"

Nie Zhan wanted her to discover it herself, to be more vigilant, "Jiang Muhe, the vice president of Xinxin Real Estate, was a classmate of my investment manager. Nevertheless, the problems with Xinxin Real Estate aren’t major. If you dislike it, let them spit out what they’ve swallowed and dismiss them afterward."

After reviewing the accounts and anonymous tips, it was discovered that Tan Gang embezzled over eight million, while the fired vice president and another one had taken more than four million each. Only vice president Jiang Muhe was clean, a cleanliness based on his confession to Nie Zhan.

Originally, Lu Jiaxin intended to send them all to prison, but Tan Gang had some connections. They reached out to Nie Zhan, asking him to mediate and persuade Lu Jiaxin not to pursue the matter.

In the end, Lu Jiaxin followed Nie Zhan’s advice to make them return what they had taken with interest and then dismiss them. Lu Jiaxin didn’t keep the money, donating it all to a children’s charity foundation, doing a good deed.

Although they did not end up in prison, the misdeeds of these individuals became publicly known in the circle, effectively ending their prospects in Hong Kong’s business community.

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