Inherit For Three Thousand Years
Chapter 884: Burnt
Knowing that Fang Suxi and Xiao Yao had returned to the magic city, Ou Zhengming originally planned to go to the magic city branch after handling the group headquarters. But he never expected that the affairs of the company that had been running smoothly suddenly took a turn for the worse, and a series of troubles came to his door.
The first is that the cooperative enterprises suddenly began to collect accounts in a swarm. If it is an individual case of one family and two companies, all partners will come to collect accounts. Obviously, this is premeditated.
The operation of the Taisho Group has always been stable, and it is very trusted by the cooperative companies. Now there is no negative news about the Taisho Group. Suddenly all the partners have come to collect the accounts. What is the reason behind the scenes? It must be found out as soon as possible.
At the beginning, Ou Zhengming didn't take this matter to heart. The Taisho Group has just made a huge profit overseas. Although it has not yet seen the cash, the profit on the book is enough to make him confidently deal with all unexpected problems.
The cash flow of the Taisho Group has always been healthy. Although these door-to-door dunning partners put forward some unreasonable requests, if the contract is implemented, he can postpone the payment, but in order to settle this matter as soon as possible, Ou Zhengming still chooses Gave payment.
But he was too idealistic. After the first batch of payments, not only did the number of cooperators who came to dodge the payment did not decrease, but there was a trend of gradual increase.
The fund allocation of any enterprise is planned. After paying the first additional payment funds, the cash flow of the Taisho Group is already somewhat stretched. If these additional payments continue to be paid, the group's capital flow will definitely go wrong.
This matter gave Ou Zhengming a headache.
He originally thought that after the first batch of door-to-door debt collectors got the money and saw that the capital flow of the Taisho Group was so sufficient, this matter should be able to calm down. He did not expect that this is not the case at all. Absolutely. His countermeasures have no effect at all.
This matter is very tricky. If these partners are allowed to make trouble, it will be a huge blow to the reputation of the Taisho Group.
Both parties are very clear in their hearts that these people who come to collect debts are simply making trouble. According to the agreement between the two parties, the payment deadline has not arrived at all. These cooperating parties come to collect debts, basically to discredit the Taisho Group.
But those who watch the excitement and the majority of investors are not clear about this. They will only think that there is a problem with the capital chain of the Taisho Group. Once they have such a judgment, those investors will definitely panic in their hearts, and the next thing to do is to sell. Taisho Group's stock.
This blow to the Taisho Group is absolutely fatal!
Just this incident has already caused Ou Zhengming to be devastated, but bigger problems will soon follow.
Universe Bank and Huahui Bank, which have had a good cooperative relationship for many years, even started to collect loans at this time, and their attitude was very tough. They would rather lose part of their profits and forcibly recover the loans that have not yet expired.
For the Taisho Group, which is in the midst of a whirlpool of public opinion, this is simply a fatal blow!
The combined loans of Universe Bank and Huahui Bank amounted to about 80 billion, which is like a heavy mountain pressing on Ou Zhengming's head.
Although the domestic business of the Taisho Group is running smoothly, the profits and bank loans of the past two years have basically been invested in the overseas mining industry.
At present, the funds that can be drawn from the domestic business of the Taisho Group are very limited, and it is even difficult to pay those cooperating parties’ due, let alone repay the bank’s loans in advance.
Faced with this situation, Ou Zhengming had no choice but to use a drag formula.
Those partners of the Dazheng Group came to collect the funds, which was originally just a gesture. They just wanted to give Xiao Yao an explanation. The success of the collection is certainly worthy of joy, and it doesn't matter if you don't get the money. They have cooperated with the Taisho Group for so many years, and there is no lack of trust in the Taisho Group.
However, when Universe Bank and Huahui Bank also began to collect loans, they immediately realized that there must be a major problem with the Taisho Group.
Banks have always had the most informed information. If the Taisho Group had not encountered a great crisis, it would be impossible for the two major banks to do such a thing.
Even banks have begun to tear their faces to collect loans. It can be seen how serious the problem is. If their partners don't get back the accounts quickly, they will probably get nothing in the end.
Realizing the seriousness of the matter, these partners began to increase their debts like crazy.
In the past, it was still civilized debt collection. Although it sent people to the door every day, it would never affect the normal operation of the Taisho Group. Now it's different. The major partners are simply eight immortals crossing the sea, each showing their magical powers, and all they use to collect debts.
Ou Zhengming was simply overwhelmed with annoyance. He was devastated every day, and even the normal operation of the Taizheng Group was affected.
When this situation occurs, the company's employees have also begun to panic, worrying that one day the group will go bankrupt and they will become unemployed.
After the occurrence of this situation, the stock price of Taisho Group began to decline sharply. In the past two days, the daily limit has been falling.
Ou Zhengming worries about falling stock prices every day, but he should be grateful that the company is listed on the domestic market, not on Hong Kong Island or the US stock market.
If the Dazheng Group is listed on the Hong Kong or U.S. stocks, with Xiao Yao's financial resources, the Dazheng Group is equivalent to his toy, and he can play as much as he wants.
Considering that Dazheng Group is listed in the domestic market, Xiao Yao has no plans to make trouble in the stock market.
His current layout has been perfected, even without his intervention, the majority of investors will follow his baton.
The employees of the Taisho Group originally thought that bank dunning was already the most severe situation, but they obviously underestimated the company's plight. These turmoil has not subsided, and many foreign media have disclosed the serious problems encountered by the Taisho Group's overseas minerals.
The problems encountered by overseas mining companies are diverse and varied. Some are policy changes, some are sued by competitors for specious legal loopholes, and some are due to conflicts between mineral companies and local indigenous peoples. The bad news is a headache.
Compared with the domestic troubles, these difficulties encountered by overseas mining companies made Ou Zhengming more anxious.
If the foreign affairs cannot be resolved, his loss will be too great!
In the past, the profits of overseas mining companies were only the figures on the books, and they could not be realized at all until the minerals were dug out.
In case of losing the ownership of these mines, not only the previous profits will have to be returned, but even the more than 80 billion funds invested in the previous period will be wiped out.
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