Urban God-level Youth-Chapter 590 - 592 Compensation

These construction workers, upon hearing his words, looked stunned, feeling somewhat dizzy.

"Mr. Qin, you aren't joking, are you?" the dark-skinned man asked, looking at him.

All the other construction workers were also staring at him, their eyes filled with excitement.

Qin Hao said with a smile, "Everyone, rest assured, when the time comes, we'll sign a labor contract that has legal protection. Moreover, I, Qin Hao, am the richest man in the world, so this amount of money is definitely within my capacity."

Everyone nodded in agreement, convinced by his reputation as the richest man in the world.

Soon after, Xia Yingjie came out with his team, carrying a thick list of purchases; they had already obtained much evidence.

The most concrete evidence was still those towering steel bars at the construction site.

Qin Hao immediately called the police, then phoned Feng Xiangyi, asking her to prepare to sue the top four construction companies.

Before leaving, Qin Hao told the workers, "Everyone, stay here for a day or two. I'll arrange for someone to come and sign contracts with you. I'm also planning to build a factory, and you can work there."

Qin Hao left, having arranged for some people to guard the construction site to prevent anyone from entering.

The top four construction companies only became aware of the situation after the police visited them after five in the afternoon.

In the afternoon, Xia Yingjie registered a company, and Qin Hao transferred fifty billion as registered capital, while Chang Jing transferred three hundred billion.

By five-thirty, Qin Hao had returned home. He wasn't feeling very upset, thinking the situation could have been unimaginable had Xia Yingjie not come to inspect.

Clearly, those four top construction companies were trying to undermine him, and there were definitely people behind the scenes messing with him.

Now, Qin Hao had offended too many people, but there were also many who relied on his influence to survive; this was normal.

The development of his various companies had definitely provoked the interests of many people, who had always been looking for opportunities to mess with him.

Han Meng saw Qin Hao sitting with a furrowed brow and poured him a glass of water, quietly sitting next to him.

Suddenly, Qin Hao's phone rang. He looked at it, a cold smile appearing on his face as he answered the call.

A middle-aged man's voice came from the phone, "Mr. Qin, how much money would it take to talk things over? Just so you don't blow this up."

Qin Hao replied, "Scared now? What took you so long? I'll tell you, it's too late, we'll see each other in court."

After hanging up the phone, Qin Hao, seeing Han Meng next to him, asked with a smile, "Meng, has your brother arrived?"

Han Meng replied, "He's already here, he's currently training at Feibao Company."

Qin Hao asked, "And Ying? Hasn't she returned yet?"

Han Meng answered, "Mr. Zhao and Ms. Wang have returned, so Yu Ying should be home too."

Qin Hao paused for a moment, "Oh, I see. Did Qiao'er also go there to play?"

"Yes, Qiao'er went there in the afternoon."

After dinner, Qin Hao entered his study, logged onto Wei Yan, and posted from his account about the incident at the construction site.

He didn't spare the four major construction companies any face, exposing everything.

These were Xuan Country's most prestigious four major construction companies; the news caused a huge sensation, especially among the companies that had previously worked with them, prompting them to start self-inspection initiatives.

Qin Hao's exposure was accompanied by irrefutable evidence, as that lent credibility to the claims.

These four large construction engineering groups are all well-known domestic enterprises, and they often undertake large foreign construction projects. The news had a significant impact.

The official reaction was also swift, as authorities immediately dispatched personnel to take control of the leaders of the four major construction groups for a thorough investigation.

As government enterprises, the responsible persons are definitely accountable for any issues, and it is very likely that the leaders will be replaced.

...

This afternoon, another piece of news went viral online, Xinghai Payments has entered various major shopping malls, and many malls have canceled TT Payments and Amao Net Shopping payments.

This dealt a significant blow to the two giants, with their market value evaporating daily, and the situation was getting worse.

If this trend continues and stock prices keep falling, it will trigger a chain reaction among the shareholders. If everyone starts selling their stocks, the resulting harm and impact could be greater than the damage caused by Qin Hao.

Stock market collapse would severely affect the operation of Tenglong Group and Amao Net Shopping.

Now they must stabilize the stock market.

The next morning, officials went to the construction site to collect other evidence.

Xia Yingjie was busy; he first rented an office space in an office building, then recruited people from the job market and online.

Qin Hao had Chang Jing send some people to help, and by the afternoon they had signed labor contracts with the workers on the site.

The financial markets were also turbulent; at the opening of the stock market, the shares of Tenglong Group and Amao Net Shopping plummeted, with countless people selling their holdings, because if they didn't act now, they might end up losing everything.

Not only these two companies, but stocks of the four major construction groups also plummeted in a cliff-like manner.

The financial tyrants and capital giants, whose sense of smell is incredibly sharp, sensed that after the major shopping malls switched to Xinghai Payments, Amao Net Shopping was hardly able to resist, and Tenglong Group would have been even worse off if it weren't for its gaming business.

The land for Xinghai Automobile Company was approved, with very high efficiency.

Now, with Xinghai Company and Qin Hao's high status in Jianghai, Qin Hao's opening of new companies in Jianghai was contributing to Jianghai City's GDP, and, with the connection to Xu Jiejian, the efficiency was remarkably fast.

Once the land was approved, construction could start within the next couple of days.

In the afternoon, another event occurred, Qin Hao sued the four major construction engineering companies in court, demanding compensation of twenty-seven billion for various losses and costs amounting to ninety-seven billion.

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This amount of money was not substantial for the four major construction groups; they could afford it, but the impact of this incident was something they could not withstand.

The leaders of the group had already been taken away for investigation, involving corruption transactions, which are definitely subject to government investigation in state-owned enterprises.

The court would hold a hearing for the case three days later.

That day, Qin Hao did not go out; at noon, Du Wanrou came from Jiangshan to Jianghai City, and Du Hongfeng and his wife were also busy with matters concerning the Huamei Company, which Qin Hao had handed over to them.

"Wan Rou, when are you leaving?" Qin Hao asked.

Du Wanrou, "I'll leave in a couple of days. There's no spring break and classes have already started over there. I plan to study majors like Corporate Management and Economics and Finance, and then come back to help you manage the company."

Qin Hao, "The company really lacks high-end management personnel right now, Wan Rou, you must be careful in the Federation, I have quite a few enemies there."

Du Wanrou smiled, "Don't worry, there won't be any problems. Su Fei is also there."

As the days passed, Du Wanrou later went to the Federation, and the court's judgment was also issued, according to the laws and regulations, the four major construction engineering groups were required to compensate Qin Hao with a total of 124 billion.

[Fourth update]