Chapter 22
Chapter 22 — From Grandmother to Capitalist Queen
When she reached the corner, she stopped and looked back. Co Dinh Xuyen still stood still in place, his face as gloomy as the sky before the storm. She suddenly found this man very strange. No, maybe she never really understood him. She once thought he was her salvation, a way out to help her escape Tham Nhat Minh's control. But the truth is, he's just another version of the controller — using sweet talk instead of strategy, gentle traps instead of surface orders. In the end, she just jumped from one cage to another. Now the doors of both cages are open. She stood in the middle of an empty lot, not knowing where to go. But she knows one thing for sure — she will give birth to this child. Not because of Co Dinh Xuyen, not because of Tham Nhat Minh. It's because this child is yours. Completely belongs to her. * Chapter 5: New Chess Board Two weeks later. Lam Tri Y officially joined the Board of Directors of Dinh Xuyen Group. On her first day attending a meeting as a Director (Member of the Board of Directors), she wore a wine red vest - not pure red, but dark red like a glass of aged wine. Inside, she wore a black silk shirt, her hair tied up high, and pearl earrings. When she entered the meeting room, seven Directors were already present. Co Dinh Xuyen sat at the chair of the long table. When he saw her walk in, his expression remained unchanged. Chu Minh Vien sat in the second chair on the left and nodded slightly to greet her. The other Directors had a variety of expressions — some curious, some probing, some uneasy. Lam Tri Y sat down on the empty chair, placed the documents on the table, her movements were neither heavy nor light.
"Hello everyone," she said, "I am Lam Tri Y, the new Director of Dinh Xuyen Group. It's a pleasure to have the opportunity to work with you."
“Welcome.” Co Dinh Xuyen's voice was dry, as if he was completing a mandatory ritual.
The meeting officially started. The agenda is very long — progress on raising round B capital, annual budget estimates, plans to expand into new business areas, evaluation of the internal control system. On most issues, Lam Tri Y remained silent, only listening attentively and taking notes. She didn't come here to cause trouble. She came to learn. The situation of Dinh Xuyen Group is more complicated than she expected. The company's revenue is growing, but profit margins are falling; The level of investment in new fields is very large, but the payback cycle is longer than expected; The internal control system indeed has many gaps, and the financial department's report has some inconsistent data. She meticulously recorded each of these observations in her notebook. Until the last issue — Evaluating the internal control system. The deputy general director in charge of internal control presented a 30-page PPT slide, with the conclusion: "The company's internal control system operates well, all indicators meet industry standards." Lam Tri Y flipped the report in her hand and frowned slightly.
“Deputy General Truong,” she spoke, her volume moderate, “I have a question.”
The eyes of everyone in the meeting room turned to her. Deputy General Truong - a man in his fifties, a bit chubby, his expression a bit awkward: "Please boss Lam."
“Page 17 of the report, days of accounts receivable turnover. Over the last four quarters Recently, this number has increased from 45 days to 78 days. His explanation is that 'expanding business scale leads to lengthening debt maturity'. But I see in the financial notes that the proportion of receivables overdue for more than 90 days has increased from 5% to 18%. This change cannot simply be explained by 'business scale expansion'.”
Deputy General Truong's face changed.
“This… Boss Lam, overdue debt has indeed increased, but we have applied recovery measures—”