From Wage Slave to Tycoon novel Chapter 346

Chapter 346: Chapter 195: Central Park No. 1

Su Chen had previously left the research park with over 900 million in liquid capital. However, the research base had recently spent a large sum of money purchasing a great deal of equipment, various materials, and constructing dormitories for the park. Now, the park’s accounts only had a little over 100 million left.

Xiao Peng was worried that the lack of funds would affect the normal progress of the research projects, so he decided to call Su Chen and ask for more money.

"Insufficient funds?" Su Chen had thought there might have been an accident with the research or a personnel issue; he never expected the problem to be about money.

"Didn’t I leave the park with over 900 million? And I told Pei Rang to transfer a few hundred million over from Yunmengze Capital later. Don’t tell me it’s all been used up?"

Su Chen was a bit baffled. ’Even if those projects required a lot of money in the early stages, it shouldn’t have been spent this quickly.’

As for the possibility of Xiao Peng or his subordinates embezzling funds, the thought hadn’t even crossed Su Chen’s mind. He was confident his people wouldn’t dare do such a thing.

Hearing this, Xiao Peng was also baffled. Pei Rang hadn’t transferred any money over at all. ’Could there have been a mistake somewhere?’

Xiao Peng quickly explained everything that had been happening at the park recently, including, of course, the financial situation.

When Su Chen heard that Pei Rang hadn’t transferred the promised funds, he grew suspicious. ’Could Pei Rang have forgotten?’

After a moment of thought, Su Chen asked, "How much money does the park have right now?"

"The park has a little over 100 million at the moment. It should be enough for now, as long as no projects need to buy more materials or equipment!" Xiao Peng answered honestly.

"Alright~ I get it. We’ll talk about the funding after I return to the country."

’The park probably won’t need to spend much more money for the time being.’ He had just learned from Xiao Peng that several projects had already purchased a lot of equipment and materials. ’They must have bought everything that was planned; otherwise, they wouldn’t have spent so much money.’

After hanging up, Su Chen thought for a moment and decided to call Pei Rang to ask what was going on.

Unexpectedly, the phone had barely rung twice before Pei Rang picked up.

Su Chen was in no mood for small talk and got straight to the point, asking about the funds.

He quickly learned the whole story from Pei Rang.

It turned out that the several hundred million he had given Yunmengze before the New Year had all been invested in the stock market. Pei Rang had planned to make a killing around the holiday period.

And just as Pei Rang had expected, in less than two months, Yunmengze Capital’s liquid assets had soared to as high as 1.3 billion.

A few days ago, Pei Rang had already pulled the funds out of the stock market, preparing to transfer a portion to the Zheng Island research park. But things went sideways because of the valuable technology Su Chen had given him back in Shanghai.

VERIFYCAPTCHA_LABELVerify