Chapter 337

Over the next few days,

The investigation team of the "Electricity Price Investigation Committee" directly "worked" in the office area of the Electric Light Company in the Cheung Kong Group building.

Independent office!

The power is great, and they have to give whatever information they want to investigate!

Whenever other employees passed by this office, they couldn't help but lighten their steps, not daring to breathe, feeling that this was like a terrifying forbidden zone of life.

Although the Electric Light Company tried its best to confuse the data and wanted the team not to find out, this thing is not something that can be covered up just because you want to.

And data falsification? The legal team threatened them with prison, picking up soap, etc., how dare the employees falsify data.

A salary of a few thousand to ten thousand a month, why risk your life.

Boss Li didn't think about buying Luo Deyong and these people, but the accountant team was not an iron bucket. It only took a few days, not enough for them to connect, and if one of them stabbed it out, everyone would go directly to prison.

They didn't dare to gamble on this wealth.

And following Director Director Director Guan Zu Zu, what benefits are you afraid of not having?

In a flash,

4 days passed.

Outside, the Electric Light Company fell by 41%, while Cheung Kong Group (Land) fell by 8%, and Watsons (Retail) fell by 18%.

The reason for Watsons' sharp fall was that the high price of the Electric Light Company triggered the disgust of many grassroots citizens, leading many citizens to start boycotting ParknShop, Wellcome, Watsons, 7-Eleven, shaking the foundation of the retail empire.

Once the newspaper reported this situation, Watsons' stock price fell rapidly, making the firm retail investors scold and start selling stocks.

Boss Li was not without counterattacks, directly spending money to find newspapers, saying that Director Director Director Guan Zu Zu was seeking personal gain for public purposes, shorting the Hong Kong Electric Company, and using the name of the Legislative Council to manipulate the stock market and profit illegally.

However, Director Director Director Guan Zu Zu had long consulted a lawyer, as long as Director Director Director Guan Zu Zu's excuse was legitimate, this was legal in Hong Kong.

In the end, Boss Li's propaganda was of no use.

Making Boss Li want to vomit blood.

Then he figured it out, Director Director Director Guan Zu Zu is walking the grand trend, upright and unstoppable!

And on the audit investigation side,

Led by the auditor and senior accountant Luo Deyong, the Electric Light Company's profits and costs were basically clarified.

2:00 PM,

Legislative Council building.

An "Investigation Summary Report" was placed in front of Director Director Director Guan Zu Zu and the three councilors.

"The Electric Light Company's expenditures include: employee salary and benefits, operation and maintenance expenses, fuel procurement, asset depreciation and amortization, tax expenditures, marketing services, and other miscellaneous expenses (legal proceedings, donations, etc.)..."

"Below is the expenditure, income, and profit table..."

Director Director Director Guan Zu Zu and the three councilors looked at it,

86-90, the profit margins for these four years were: "36%, 43%, 53%, 58%, 29%..."

Director Director Director Guan Zu Zu was surprised: "Why is the profit margin not low in the first and second years, but why is the profit so low? Only 300 million, 500 million? The last 2 years were more than 1 billion."

The power expert replied: "Back to Councilor Guan, because of the listed company accounting standards, investment is not included in profit and loss. And in the first two years, Boss Li upgraded the entire power system, spending a lot of money, so there was a situation where the profit margin was not low, but the profit was low."

Director Director Director Guan Zu Zu: "Since it upgraded and renovated, why did the cable bridge catch fire last year?"

Power expert: "I asked about this, the 85-year renovation had assessments, most of the upgrades were power plant equipment, as well as old lines over 30 years old... that cable bridge was not among them."

Director Director Director Guan Zu Zu nodded, understood.

Continued to ask: "Why did the profit in 1990 suddenly drop so much?"

Luo Deyong said: "Because last year, the Electric Light Company had a compensation expenditure of 500 million, so the profit margin dropped to 29% all of a sudden, otherwise it should have been 50+%."

Director Director Director Guan Zu Zu suddenly realized: "Oh, I remember, the cable bridge caught fire, I negotiated on behalf of the citizens, forcing Boss Li to pay 500 million Hong Kong dollars."

Everyone: "............"

Three councilors: Councilor Guan, terrifying!

Briefly finished the meeting,

Director Director Director Guan Zu Zu waved his hand: "Alright, since the preliminary investigation results are out, send this report to Boss Li."

"Let them prepare, based on the principle of fairness, justice, and openness, hold a hearing tomorrow, let Boss Li and the others come to the Legislative Council, we want to give him a chance to quibble."

A hearing is generally a process of comprehensive inquiry and evaluation of a listed company or before a court trial.

"Yes!!" *n

Director Director Director Guan Zu Zu looked around at all the investigation team members and smiled: "Thank you all for your hard work these days, after tomorrow, let's go happy together!"

"Long live Councilor Guan!"

Some young people cheered.

Half an hour later,

Cheung Kong Group, Chairman's office.

Boss Li held the "Investigation Results on Electricity Price **" in his hand, his face was ugly, but he didn't lose his temper after all.

After all, he was already prepared.

He said to the secretary: "Give this report to the Finance Department, Operations Department, and Procurement Department, see if you can find any place to refute, if so, prepare the materials to deal with the hearing of the Electricity Price Investigation Committee tomorrow."

Secretary nodded: "Yes!"

A new day,

Legislative Council building.

Inside the building, a spacious and bright conference room, two rows of seats on the left and right are orderly.

Director Director Director Guan Zu Zu sat in the center of the conference table, in a crisp suit, tie tied meticulously, his face majestic.

Below him sat three councilors and members of the investigation team, each of them focused, fully prepared, and their eyes were howling.

Opposite, is Boss Li's side.

Boss Li sat in the first seat, although he tried to maintain calm, he still couldn't hide a trace of worry between his brows.

Beside him, the secretary sat upright, and then the heads of the finance, operations, and procurement departments, as well as the big artery horses, all arrived. They each brought relevant materials and evidence.

In the conference room, an invisible smoke seemed to permeate the air.

In addition,

There were also ATV reporters Le Huizhen and the photographer, who were excited in a corner, filming with the lens aimed.

Boss Li frowned: "Councilor Guan, no need for recording, right?"

Director Director Director Guan Zu Zu was full of righteousness: "Boss Li, we gathered here today to conduct a fair, just, and open hearing on the electricity price issue. We hope that through this hearing, we can thoroughly clarify the facts and give the public a clear answer."

"So, it's best for media reporters to be present!"

Boss Li: "............"

Didn't know how to refute.

"Alright!"

Director Director Director Guan Zu Zu looked at his watch, 9:30.

"Let's start the meeting..."

A moment later, members of the investigation team began to speak one by one, and they detailed the data of the investigation.

And the big artery horses on the Electric Light Company side started to refute once they encountered errors in the data.

However,

The general trend is hard to change, no matter how much they refute, they still can't cover up the profit of 50+%.

Finally, after full statements and debates from both sides, Director Director Director Guan Zu Zu knocked on the table again.

He looked around, his voice firm and powerful:

"Alright!"

"After today's hearing, we have a more comprehensive and in-depth understanding of the electricity price issue. The data and evidence presented by the investigation team fully reveal the unreasonableness of the Electric Light Company in setting electricity prices. As a public utility enterprise, it has instead harmed the interests of citizens, which is very unreasonable and inappropriate."

Director Director Director Guan Zu Zu's voice echoed in the conference room, every word was loud and clear,

"As a Legislative Councilor, we have the responsibility and obligation to protect the rights and interests of consumers."

"Therefore, based on today's hearing results, I will propose to make this data public, let the general public know the truth, and let the Electric Light Company better accept social supervision and inspection."

Boss Li's expression changed slightly upon hearing this.

However, he knew deeply that at this critical moment, any refutation and defense were futile.

Director Director Director Guan Zu Zu continued: "Next, we will submit this data and today's hearing results to the Legislative Council for further discussion and deliberation. We will explore how to formulate more reasonable electricity price policies, and how to strengthen the supervision and restraint of the Electric Light Company."

"Boss Li, don't worry! The Legislative Council has always been open, fair, and just, and will definitely be able to find a solution that both protects consumer rights and promotes the healthy development of the Electric Light Company."

Boss Li: "............"

It was the first time he felt what it was like to be powerless.

No matter how Director Director Director Guan Zu Zu pretended to be forceful and did whatever he wanted, he could only bear it silently.

And the employees of the Electric Light Company, although their hearts were mixed, also knew deeply that this was the reality they had to face.

Le Huizhen was excited, patting the photographer's shoulder: "Did you film it? This is a scene of great historical significance!"

Photographer Fatty nodded repeatedly: "Don't worry, Sister Zhen, filmed it." Meeting ended,

Dismissed.

Boss Li looked at that Director Director Director Guan Zu Zu with a clear and bright temperament, and couldn't help but get angry inside.

Damn!

At this time, Director Director Director Guan Zu Zu smiled and walked to Boss Li's side, whispering: "Boss Li, you sent 2 undercover agents to my supermarket, I consider this an advance return gift for you."

Smiled evilly.

Boss Li shook all over: "You know?"

Director Director Director Guan Zu Zu chuckled: "Of course I know, what can be hidden from me?"

"By the way, October 20th, my supermarket opens, if Boss Li has time, you can come over and open your eyes."

Boss Li: "Good!"

!.

Then he quickly led his subordinates and left the Legislative Council quickly.

When turning his back on Director Director Director Guan Zu Zu, Boss Li sneered:

2 undercover agents? Sorry, I planted 7 undercover agents! And there is also a Tan Meili!

This time, I am on the 100th floor!

"On the day of opening, directly find an undercover agent and give that supermarket's system a virus..."

"Let you open!"

Thinking of this, Boss Li, who was originally depressed, began to feel beautiful.

Sometimes the means of competition are just so simple and unadorned.

After Boss Li left,

Le Huizhen interviewed Director Director Director Guan Zu Zu again.

"Councilor Guan, do you have anything to say about this investigation result?"

"This electricity price is undoubtedly extremely high, next our Legislative Council will discuss this internally and discuss price-cap methods... At the same time, I also hope that all citizens will offer suggestions and find a win-win method."

Win-win?

I, Director Director Director Guan Zu Zu, win, the citizens win, you tell me if it's a win-win!

After the interview,

Director Director Director Guan Zu Zu said to Le Huizhen: "Are you free for lunch?"

Is this a date?

Le Huizhen's mouth curled slightly, but she said: "No!"

Director Director Director Guan Zu Zu: "How about the Shangri-La Hotel?"

Le Huizhen: "I already said no."

Director Director Director Guan Zu Zu: "After eating, you can go directly upstairs..."

Le Huizhen: "............"

Small fists hit Director Director Director Guan Zu Zu.

"You bad guy~~~"

Fatty next to him: "Eww~~~"

Disgusting alarm·jpg

Run away quickly, lest you be killed to silence you.

Next, noon and evening, ATV news reported the investigation results of the "Electricity Price Investigation Committee" one after another.

All citizens of Hong Kong were shocked.

"Is the profit so high?"

"My God, 50+% profit, simply crazy!"

"This Li guy really has no conscience, and he keeps raising prices with this profit!"

All Hong Kong scolding,

There are also many citizens who pay attention to Director Director Director Guan Zu Zu's "offering suggestions".

"I have a way, that is to limit how much profit they can make! The remaining profits are all used to subsidize and reduce electricity prices!"

"I think it's also good to bring the Electric Light Company under government ownership..."

"I will write a letter immediately and throw it into the Legislative Council's suggestion box."

"What suggestion box, just call the Legislative Council customer service directly!"

"Can that phone get through?"

"If it doesn't get through, complain!"

All citizens of Hong Kong actively mobilized.

For a time, the Legislative Council phone was blown up, and then the complaint phone was also blown up.

"To our victory!"

"Cheers!"

Central, a private club,

Director Director Director Guan Zu Zu, Zheng Tycoon, Lin Tycoon, Chairman John, the four people happily raised their glasses to celebrate.

This "Electricity Price Restriction Draft" entered the legislative process, it is a train that cannot be pulled back, and it has already received the Viceroy's approval, and it will definitely become a formal bill later.

The Electric Light Company's stock price, definitely cannot turn back, falling all the way!

It's doomed!

When the profit prospect has no future, its value is stepped into the mud pit and disliked by the capital market.

And at this time,

Director Director Director Guan Zu Zu's system began to sound a prompt:

"You promoted legislation, restricted the high electricity prices of the Electric Light Company, and also affected the electricity prices of CLP... Benefiting the entire Hong Kong Island, it can be called a great good deed."

"You received the following rewards:"

"Reward 1: Hong Kong-wide support rate +2%!"

"Reward 2: 'Work/Study Energy Card (30 days)' * 10!"

"Reward 3: '(Hong Kong) Advanced Enterprise Management Talent Card' * 5!"

Director Director Director Guan Zu Zu: "............"

Such simple and unadorned rewards.

But the quantity is very large, good!

This talent card is very practical for Director Director Director Guan Zu Zu, these can greatly improve the ability of Director Director Director Guan Zu Zu's younger brothers.

Director Director Director Guan Zu Zu, who was in a good mood, took a sip of wine, his temperament was refined, and his smile was as warm as spring:

"Currently Hong Kong Electric has fallen by 53%, and with our leverage, the total capital is as high as 3 billion Hong Kong dollars, and our average cost price is at least at the 50% level."

"And the delivery date is next week, and the stock price will continue to fall!"

"In other words, after deducting interest, you can earn at least another 1.5-2 billion!"

Zheng Tycoon was drunk and tipsy: "It's still comfortable to make money following Ah Zu!"

Lin Tycoon was radiant: "Yes, Ah Zu is the God of Wealth!"

John next to him, although he is the Chairman of the Legislative Council, at this time became a small minion.

However, he had no dissatisfaction.

Originally he was not qualified to join, it was Director Director Director Guan Zu Zu's three-person group shorting Boss Li, and now Director Director Director Guan Zu Zu brought his money (the family scraped together 20 million, and then leveraged 10 times, scraped together 200 million), he earned 80 million.

Simply couldn't be cooler!

Becoming friends with Director Director Director Guan Zu Zu is his wisest decision!

"That's right, Mr. Guan is the God of Wealth!"

John raised his glass again, shouting:

"To the God of Wealth!"

Zheng Tycoon, Boss Lin laughed, and agreed to raise their glasses: "To the God of Wealth!"

"Cheers!" *4

After tonight, it's hard not to get rich·jpg

(End of chapter)