Chapter 1727: Kneel Down Honestly!
Ye Chen's rhetorical question left Ye Tianxiao speechless.
The others who had just been filled with righteous indignation were also instantly wilted at this moment.
They actually knew very well in their hearts that when they fled Beijing overnight the day before yesterday, it was completely without regard for the kinship of the same clan, and they didn't want to be implicated by the Ye family at all.
So at this time, Ye Chen pitted them in front of Wan Pojun, and they could only swallow their teeth and swallow them into their stomachs.
However, many of them were already hating Ye Chen in their hearts at this moment.
Seeing the expressions of these same-clan members, all of them looked as if they wanted to eat him, Ye Chen didn't feel awkward at all, but instead looked self-satisfied, which made this group of people even more angry to the point of vomiting blood.
Many people were even secretly calculating in the depths of their hearts that after the limelight of this matter passed, they must find a way to properly teach Ye Chen a lesson!
Wan Pojun expressed his position at this time, "I think the 60-installment payment is a very good choice. In this way, you people don't have to have too much financial pressure!"
As he spoke, he waved his hand without hesitation and blurted out, "Since this is the case, then you will all sign a 60-installment payment contract uniformly. The contract will also adopt electronic signing, which is convenient and fast! That's it, hurry up and land!"
The collateral members of the Ye family at the scene wailed.
The 60-installment payment has an actual interest rate of nearly
As he spoke, Ye Chen added: "The situation for each of their families is about the same. Cash accounts for at most 20% of their total assets, and some branches even have cash reserves of less than 10% of their total assets. Even if they handed over all their cash, they would still be far from the 50% I require. Therefore, this time I will have the Wanlong Palace step in first to force them to sign an installment agreement, and then use this agreement to bind them deeply."
"However, I won't force them to death. As long as they hand over their cash assets according to my requirements and sign the installment agreement, the Ye family can still give them a portion of resources and let them continue to make money following the Ye family."
"When the time comes, their efforts to make money following the Ye family will essentially be efforts to pay off the debt they owe me. By letting them bleed on one hand, giving them a transfusion on the other, and then taking back the transfused blood, this cycle will ensure that while they cannot leave us, they will also never be able to grow strong. Only in this way can they be firmly held in the palm of my hand from the root."
Upon hearing this, Tang Sihai exclaimed with an expression of admiration: "Young Master, this move of yours is truly brilliant! In this way, these collateral branches will no longer be spendthrifts who only know how to reach out to the family. By forcing them hard, we will make them start contributing to the family!"
"Exactly," Ye Chen sneered. "To put it bluntly, this is an opportunity to weaken the vassals and strike down their strength. This way, their days ahead will be very difficult, but our good days have only just begun!"
Just as Ye Chen was about to arrive at Mount Ye Ling, Wan Pojun's subordinates had already taken over 200 billion RMB in cash from the more than 700 collateral members of the Ye family.
However, this was only one-fifth of the total net assets of the Ye family's collateral branches.
According to statistics, the total assets of all Ye family branches combined amounted to roughly one trillion.
As a result, almost all the Ye family's collateral branches had already handed over all their cash, but still owed the Wanlong Palace at least 30% of their personal assets.
Just as these people were at a loss as to what to do about the remainder, Wan Pojun had already received Ye Chen's instructions and spoke up: "I see that you all still have a large shortfall in cash. How do you intend to pay the remaining portion?"
The crowd fell silent instantly.
No one dared to answer him, because everyone knew there was only one path left: selling off assets to raise money to save their lives.
Selling off assets sounds easy, but in reality, it is the least cost-effective method.
Because any asset sold off must be priced down and heavily discounted to be sold quickly.
A property with a market value of 10 million might take a month to sell at 10 million, but if one wants to liquidate it within a day, the price must be pressed down to at least 9 million, or even 8 million, to have a chance.
Assets will be discounted, but debts will not. Therefore, in this way, their losses will far exceed the original 50%!
Moreover, what is even more fatal about selling off assets is that it will severely damage their original income structure.
Take Ye Tianxiao for example; he has a building materials enterprise with a great reputation in the country, and most of the various building materials it produces are supplied directly to the Ye family's real estate projects and production bases across the country.
Relying on the Ye family's help and support, this enterprise now has annual sales exceeding 10 billion, and a net profit of over 1.6 billion. It can be said to be a hen that lays golden eggs.
But if he is forced to sell it now, not only will the asset sale price be heavily discounted, but Ye Tianxiao himself will also completely lose this source of revenue, which is no different from killing the hen to get the eggs.
The situations of the others were much the same; no one could come up with that much cash to compensate the Wanlong Palace, and no one wanted to sell their core assets at a low price.
Wan Pojun took in the expressions of these people and knew in his heart that what they feared most was being forced to sell assets to make up the compensation, so he said: "Don't say I'm not leaving you a way out. Now, all the funds you owe can be paid in installments over a period of one to five years."
Upon hearing that they could pay in installments, everyone breathed a huge sigh of relief.
Being able to pay in installments meant they didn't need to sell their assets and could use their assets to make money to pay off the debt slowly. For them, this wouldn't be a crippling blow.
But no one expected Wan Pojun to add immediately: "However, installment payments are not free! For every installment you pay, you must pay 0.6% of the total amount as a service fee for the installment!"
End of Chapter
