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Chapter 621: Shortage of Funds

The topic of Starry Sky Group and Li's company has become the hottest topic in the business circle of Xiangjiang recently.

One is the first wealthy family business in Xiangjiang for decades, and the other is the first company that has risen rapidly in recent years.

What happens to the collision between these two companies?

Everyone was watching and looking forward to it.

Everyone in Xiangjiang knows that Starry Sky Group's real estate project Starry Sky Home in Xiangjiang has begun to be put into use. I heard that the number of public rental houses supplied by Starry Sky Home is very large, and it has even had a huge impact on the real estate industry in Xiangjiang.

Some time ago, the stocks of the entire Xiangjiang real estate industry companies were falling continuously. Everyone thought that it was because of the inaugural Star Home that caused the stock prices of those companies to fall.

Regardless of whether the decline in stock prices of those companies has anything to do with the use of the Starry Sky Home project, it is true that the slow decline in housing prices in Xiangjiang is real.

As an Asian financial center, Xiangjiang has attracted many companies from all over the world to open branches in this city with not many areas, and has also attracted many people from all over the world to come here to find opportunities.

Small area, large population, and fast economic development have led to the continuous rise in housing prices in Xiangjiang. By this time, few locals in Xiangjiang can afford to buy houses in Xiangjiang.

Due to the large population and small land, when real estate developers build houses, they will design the houses very small and the floors continue to rise. Finally, walking on the streets of Xiangjiang and looking up, you can see dense windows and even the balcony is left.

So don’t look at how style the people in Hong Kong seem to have. They always earn more than 10,000 yuan a month, but most of their monthly income is spent on rent. After dating rent, there is really not much money left.

Of course, there are also some people who don’t want to afford such high rent, so they find some houses with cheap rent to live in, but the area of ​​those houses is generally very small, and a family of people squeezed into it like canned herring, which is difficult to turn around.

"Xiao Wu, what's the situation in the company now?"

In a luxuriously decorated office, Li Kai sat on a long red leather sofa with a calm face and asked the assistant standing in front of him.

The men who were called Xiao Wu by Li Kai looked in their thirties and were older than Li Kai, but when they were called Xiao Wu by the other party, he felt no dissatisfied at all, and his face was even full of fear.

"Boss, our company has not been in good condition recently."

"The people below came to report just now, saying that the bank is already urging us to pay off the debt."

When Li Kai heard Xiao Wu say that the bank was collecting debts, he frowned even more.

"When we applied for a loan from the bank, didn't we sign a contract?" Li Kai raised his head and stared at Xiao Wu with cold eyes.

“Didn’t it say when to repay the loan?”

When Li Kai stared at it, Xiao Wu became even more panicked, and his legs trembled a little unconsciously.

"Yes, I did sign the contract at the beginning."

"But the bank said that we used the funds loaned from the bank for other purposes, which violated the scope of the funds in the contract, so we had to recover the loan in advance."

"Far, they are all fence-bearing."

Li Kai started to curse.

How many companies in Xiangjiang have loans from banks is used for contractual provisions?

Which company does not put the loan funds into its account and then mix them with its own funds. When it is transferred out, who can tell which money is the loan issued by the bank and which money is the original funds of the company.

Those banks also know about these situations, but they did not stop them too much. After all, your company does have investments in the use of funds specified in the contract, and it is enough that the funds flow to that purpose. Anyway, there is no name written on the flow of funds.

"So how much liquid capital is there on the company's books now?"

After Li Kai vented his anger, he slowly calmed down.

He knew very well that the reason why those banks urged their company to repay the loan at this time was that Lin Feng was the instructor behind it.

Otherwise, everyone has been playing the unspoken rules for so many years, so why can’t they play at this time?

It was because Lin Feng was making trouble behind these things that Li Kai understood that the funds from the bank must be returned, otherwise, the bank may ask the court to seal the account of the funding company.

If that time really comes, it will be the biggest blow to Li Kai.

The company's capital accounts were frozen, and how could a company maintain normal operations? Although Li Kai was very angry, he could only get the loan from the bank first.

Xiao Wu said stutteringly: "I just checked the bank account and found that there was only one billion Hong Kong dollars left in the account."

Although one billion Hong Kong dollars sounds like a lot, and even many people cannot make money in their lifetime, for a company, especially a large company, one billion dollars is not much. Maybe the startup of a project can consume the one billion dollars in one go.

"How come there is only one billion funds?"

When Li Kai heard that there was only one billion funds in his company's account, he was shocked.

As the son of Li Cheng, the richest man in Xiangjiang, although Li Kai did not take over the family's business, he also learned a lot from his father.

Therefore, since Li Kai founded the company, he has always liked to keep sufficient funds in his account in order to prevent various accidents that may occur in the future.

When Li Kai heard that there was only one billion funds in the company's account, he felt very puzzled. Didn't the company's account have billions of working capital in the past?

"Why is there so little money? Didn't I explain before that there are billions of funds in the account no matter when?"

Li Kai stared at Xiao Wu, his voice became cold. As long as Xiao Wu said someone's advice and misappropriated the company's funds without authorization, he would have to fire that person.

"Boss, have you forgotten that our company invested in Penguin Company last year, and the money used is the money in our account."

Xiao Wu also heard a murderous aura from Li Kai's cold words, and immediately felt a numbness on the back of his neck.

"It's been so long since this has passed. Has the funds not settled yet?"

After Xiao Wu reminded him, Li Kai finally remembered that it seemed that he had made the decision to use the money in the company's account, and the funds there were used by him to invest in Penguin Company.

After using it, when the company makes a profit every month, it will leave a portion of the profit to slowly fill the capital gap.

Li Kai thought he had already filled the funding gap, but what he didn't expect was that the funding had not been filled until now.

"Why hasn't that part of the funds been filled yet? Didn't I say that if that amount of funds is used, then the company needs to withhold some of the funds from the profit every month and fill it in?"

Of course, Li Kai would not admit that it was his own mistake. At this time, he must find someone to take the blame.

"Boss, you have also read the company's monthly statements recently. Since our company has been fighting with Starry Sky Group, the other party has been cracking down on our company's business in all aspects, so it is already very good that we can maintain a balance of revenue and expenditure every month. If you still want to retain profits, it is really difficult."

After following Li Kai for so long, Xiao Wu already understood that Li Kai was planning to find someone to take the blame, but can the people below blame him for not doing these things well?

The company's account does not make much profit every month. After using up all the places that the company needs to use in daily life, there is no way to retain funds.
Chapter completed!
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