area51novel Chapter 12 Complaint Letter
Chapter 12 Complaint Letter
The office of the chairman of Yinghai Group.
Zhao Xiankun opened an urgent email and found a handwritten letter of complaint with Tiancheng written on the back.
The letter contains the following content:
Dear Leader:
My name is Su Xiao, and I was formerly a cost engineer at Zhongjian Group.
The official explanation for the wall collapse during this affordable housing project was a construction accident, but the real reason was:
1. Tianke Construction (a subsidiary of Yinghai) cut corners and used substandard building materials;
2. Winsea Group has significant loopholes in its materials management and condones subcontracting violations;
3. Because I insisted on reporting the truth, I was made a scapegoat and dismissed, and my cost engineer certificate was confiscated.
I urge a thorough investigation to clear my name regarding the quality of the project and my personal innocence.
After reading the contents, Zhao Xiankun was furious because the letter was smearing Yinghai, especially at a crucial time when Yinghai was preparing for its IPO. Such a letter would have a very bad impact.
He immediately asked Secretary Tang to notify Maria, the group's HR director, to come over.
The knock ended, and Maria entered. She wore a perfectly tailored white, fitted silk suit, the sharp lapel accentuating her long neck, the knee-length pencil skirt highlighting her slender and well-proportioned figure without an ounce of excess fat, her posture upright yet capable; she wore a pair of white stilettos. Her brown curly hair was meticulously styled, and her eyes and brows held a refined air with a touch of aloof pride.
"Chairman, you wanted to see me?"
Zhao Xiankun threw the letter on the table, his voice low but filled with suppressed anger.
"How did your HR department manage to hire someone who disregards the company's interests?"
Maria bent down to pick up the letter of complaint, quickly glanced at its contents, her brow furrowed almost imperceptibly before relaxing. After reading it, she put the letter back on the table, maintaining her composed demeanor without the slightest hint of nervousness or panic.
"Chairman, all employee onboarding and registration within the group strictly adhere to personnel management regulations. My employee file and the official employee roster do not contain the name Su Xiao. Su Xiao is not an employee of our company!"
"It's clearly stated in the letter that she's currently at Tiancheng. Go and get Tiancheng's employee roster." He pointed to the words marked next to the signature on the whistleblower letter and emphasized in his tone.
"Yes."
Maria didn't hesitate. She turned around, took out her phone, and dialed the internal line directly, her tone crisp and decisive.
"Helen, immediately send the latest employee roster of Tiancheng Construction to the chairman's office."
Upon receiving the order, Wu Hongmei, carrying Tiancheng's employee roster, quickly entered the office. She looked reserved, lowered her head, and dared not look directly at Zhao Xiankun. She carefully handed the roster to Maria with both hands.
Maria reached out and flipped through the roster, quickly and carefully turning the pages, her fingertips tracing the names of each employee.
"Chairman, Su Xiao is not listed in the official employee roster of Tiancheng Group."
"Wait, Su Xiao? That name sounds familiar. Helen, do you know this Su Xiao? I remember you mentioned her to me." Maria suddenly remembered something and questioned Wu Hongmei.
"Su Xiao is my college classmate. You canceled her interview qualification last time," Wu Hongmei said timidly.
"Well, Helen, how dare you break company rules? Tell me, how did you pull some strings to get Su Xiao into Tiancheng?"
"I didn't, Maria. I didn't even know Su Xiao had joined Tiancheng," Wu Hongmei hurriedly explained.
Seeing that she didn't seem to be lying, Zhao Xiankun raised his hand to interrupt them, saying:
"No need, I'll handle this with Wang Yang myself. You can go back now."
Maria nodded slightly, turned and left. Wu Hongmei quickly bowed to Zhao Xiankun and then followed Maria.
A whistleblower letter ruined Zhao Xiankun's good mood. After thinking for a moment, he asked his secretary, Xiao Tang, to call and thank Li Xue.
Not far from his office, the listing preparation work of the listing leadership group is being carried out intensively.
Lin Chen and his Jingshi Capital team had already fully moved in, the office area was brightly lit all day, and team members were performing their duties efficiently. As the chief coordinator for the IPO, he was quite relaxed. Wang Yizheng and Liu Qi handled the specifics; he only needed to keep the direction in mind. He'd only been at the company a short while when he started to get restless and decided to go talk to Zhao Xiankun.
"Secretary Tang, hello. Is Chairman Zhao here? I need to speak with him."
"Hello, Mr. Lin, Chairman Zhao is here. Please wait a moment while I inform him." Secretary Tang was wearing a light gray fitted short-sleeved suit skirt. She was tall and slender, with her hair neatly styled in a low bun, all stray hairs tucked away, revealing a smooth, full forehead and a delicate neck. Her makeup was standard professional light makeup, with clearly defined eyebrows and light eye makeup.
She stood up and ushered Zhao Xiankun into his office, saying:
"Chairman, President Lin has arrived."
Zhao Xiankun hurriedly said, "Quickly, invite him in."
Secretary Tang helped open the door and invited Lin Chen in. Zhao Xiankun got up to greet him at the door, and the two exchanged a few polite words.
Lin Chen sat opposite Zhao Xiankun and gently pushed a thick financial compliance investigation report of the top-tier subsidiary in front of Zhao Xiankun.
"Chairman Zhao, these are the results of our Jinshi team's comprehensive investigation of five subsidiaries, including Tianke, Tiancheng, and Tianhe, over the past period. The situation is not optimistic."
Zhao Xiankun picked up the report and flipped through it page by page, his expression gradually becoming serious.
The report clearly lists the problems of each subsidiary: chaotic financial accounts, irregular cost accounting, illegal listing of costs and expenses, lack of supervision of related-party transactions, blurred boundaries between assets and the group, and even some subsidiaries have problems such as misappropriation of funds and transfer of benefits.
Zhao Xiankun was not unaware of these problems, but the heads of the subsidiaries were all veterans of the group who had followed him through thick and thin. Out of consideration for their past relationship, he had not been willing to make a firm decision to thoroughly rectify the situation, intending only to sort things out gradually. He did not expect the problems to have become so serious that they had become a fatal obstacle to Yinghai's listing.
"These problems are more serious than I anticipated." Zhao Xiankun put down the report, his fingertips lightly pressing against his brow, his expression grave. "Lin Chen, tell me frankly, will these problems directly affect the IPO approval process?"
"It's not a matter of whether it will have an impact or not, it's that it's simply impossible for the application to pass the review." Lin Chen's tone was firm and unequivocal. "The China Securities Regulatory Commission has extremely high requirements for the financial compliance and internal control management of companies seeking to go public. These problems of Tianzi subsidiary constitute major internal control deficiencies. Once disclosed, the listing application will inevitably be rejected."
He paused, then continued, "For a successful IPO, the top-tier subsidiary must undergo a comprehensive overhaul, standardizing financial processes, clarifying asset ownership, eliminating irregular related-party transactions, and adjusting the responsibilities and powers of management to prevent arbitrary decisions and irregular operations."
"Of course, the best solution is to separate them from Yinghai Group."