I See through Everything

Chapter 250: Chapter 137: Horror (Medium)

Even if they went to court, it would be difficult for West Yuan Group to win. After all, they were facing Caucasian-owned companies, and a great many of them at that.

On top of that, there was the over one hundred million US dollars invested in cultivating the eel fry, the expansion of the breeding base by more than five thousand mu, a high-standard 500-mu indoor farm, a large number of supporting facilities, and the purchase of a significant amount of leptocephalus-stage eel fry.

By a conservative estimate, their company stood to lose at least 400 million US dollars this time.

If news of this got out, the consequences would be even more severe.

Just as everyone was at their wits’ end.

A middle-aged executive wearing glasses pushed them up his nose and said, "Chairman, there is one other way. We could purchase eel fry from Hailufeng Company and Rokkaido Eel Company to fulfill our clients’ orders."

"This..." Jin Yuanji was taken aback for a moment, then a trace of pleasant surprise appeared in his eyes. "That’s a good idea."

Jin Haorui’s brow was still furrowed. "But Hailufeng Company only produces 18,000 kilograms of eel fry per month. Even with Rokkaido Eel’s production capacity, it’s less than 20,000 kilograms. Our orders are for nearly 30,000 kilograms a month."

"Chairman, we can mix them," the executive with the glasses once again proposed a terrible idea.

"Mix them?" Jin Yuanji was overjoyed. "That’s right! They can’t possibly inspect every single batch. As long as we use the problem-free glass eels for the first few shipments..."

The other executives of West Yuan Group caught on as well.

Indeed, according to the free trade agreement between South Korea and Europe and America, the inspection frequency for live seafood exports was higher initially. But as long as there were no problems with the first few batches, the inspection rate for subsequent batches would drop significantly.

Moreover, West Yuan Group had a good credit rating with customs in Europe and America. Generally, for seafood products exported to America, only the first three batches were inspected, followed by one inspection per month.

Furthermore, the so-called "random" monthly inspections by American customs were actually quite predictable.

For example, during peak trade seasons—namely March, April, October, and November—American customs would intensify their cargo inspections. The inspection rate also rose significantly during periods like the Thanksgiving and Christmas peak seasons.

And since eel fry were considered live seafood, they could use their partners to get the shipments through customs quickly.

Jin Yuanji took a deep breath. "As long as we can get through these next six months of orders, we’ll just cite high costs as the reason and discontinue this line of business."

He was clearly scared and didn’t dare to continue taking such risks.

Just then, Jin Haorui reminded him, "Dad, Hailufeng Company and Rokkaido Eel Company might discover what we’re doing. If they report us, we could end up in a difficult position."

"..." Jin Yuanji fell silent once more.

The other company executives also thought of this problem.

After all, everything from the West Sea Company incident to the death of Jiang Anye showed that Hailufeng Company was not to be trifled with. And Jiang Anye’s partnership with West Yuan Group was no secret within Anye Company.

This put Jin Yuanji in a dilemma.

If they didn’t commit fraud, they wouldn’t recoup their costs and might even lose another two hundred million US dollars—an amount roughly equivalent to one and a half years of their company’s net profit. Jin Yuanji was clearly not willing to accept that.

The executive in glasses spoke up again. "Vice-Chairman, if we don’t mix the shipments, we’ll have a shortfall of at least 20,000 kilograms this month. Where are we going to find that many glass eels?"

It was true. The others also looked helpless.

If anyone was to blame, it was the father and son duo, Jin Yuanji and Jin Haorui, for being too greedy. If they had signed for a smaller order quantity, they could have simply absorbed the loss of a few tens of millions of US dollars and bought glass eels from Hailufeng Company and Rokkaido Eel Company to sell under their own label.

Of course, these executives were hardly any better than the Jin father and son. After all, they had also approved of the large-scale production and the plan to swallow up Jiang Anye’s market share.

Faced with such a huge loss, Jin Yuanji was still unwilling to give up. "Continue producing the eel fry. Then, use our Luzon Branch to set up a shell company and ship the eel fry from there. We’ll first buy a batch of eel fry through other channels and send them to the clients. Subsequent shipments will be mixed and sent from the Luzon shell company. Even if Hailufeng Company, Rokkaido Eel Company, and Brown Company report us, they’ll be reporting our main company. The shell company can stay hidden for a while."

"Dad! That’s a great idea!" A bit of color returned to Jin Haorui’s face. "And if there’s a problem with the shell company’s shipments, we can completely deny responsibility. Once we’ve fulfilled the contracts, we’ll pull out."

"The Chairman is brilliant!"

"Truly worthy of being our Chairman!"

Several executives quickly chimed in with flattery.

"Alright, let’s get moving." Jin Yuanji looked at his son. "Haorui, you will go to Europe and America again to communicate with our clients. Tell them that since glass eels are live animals, it’s not ideal for them to be held up at the airport for too long. Have them talk to their local customs to ensure a swift clearance."

"Okay." Jin Haorui nodded.

"Dachang, you and your team will continue organizing production, but control the output in the later stages."

Park Dachang quickly replied, "No problem, Chairman."

Jin Yuanji turned to the executive in glasses who had proposed the idea earlier. "Lixin, you’ll go to the Luzon Branch and secretly set up a shell company."

"Leave it to me, Chairman Yuanji!" Li Lixin bowed solemnly.

Jin Yuanji said gravely, "Gentlemen, whether or not the company can survive this crisis depends on everyone’s efforts."

"Yes! We will not betray the Chairman’s trust." The executives all stood up to declare their commitment.

Just then, Jin Haorui suddenly remembered something, and his expression changed drastically. "Dad, have someone recall Han Yingze and the others from the technical department immediately. We absolutely cannot let them speak carelessly outside the company, or all our efforts will be for nothing."

"Right, right!" Park Dachang also broke out in a cold sweat.

Jin Yuanji wiped away his cold sweat and hurriedly instructed the head of the HR department, "An Zhen, find Han Yingze and the others immediately and recall them to the company. Give them money to placate them for now. Even if we have to deal with them, we’ll wait until after these six months."

"Yes, Chairman!" Jin Anzhen, the head of the HR department, nodded.

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