Gao Yuan smiled for a moment, noticed Jiang Wenmin's gaze, and suddenly looked at him.
Jiang Wenmin avoided the other party's eyes with some guilt, and tried his best to show a look of shock and confusion.
"That shouldn't be the case. President Lu at the bank has a good relationship with us. Usually when we need loans, the bank is very happy to lend money.
Why was the loan suddenly cut off this time, and what was the reason?"
"The reason given there is that there is something wrong with the approval process due to policy changes, and it is being verified. During the verification period, new loan applications will be temporarily stopped.
They also said that our business situation is unclear and our loan qualifications for next year will need to be re-examined.
Isn’t this going to cost lives? Our funding gap in the second half of the year will be at the banks.”
After listening to the financial manager's explanation, Jiang Wenmin secretly thought that the Xu Group is indeed a big and deep-rooted company, and its influence is really pervasive.
But the play still has to be performed.
"It's impossible? In this case, you make an appointment with Mr. Lu, and I'll go find out what's going on."
"I tried, but President Lu didn't give me a chance at all, saying that he was going on a business trip recently and his schedule was already full.
He was quite polite and said that he would come and apologize to Director Gao in person when he had time, but he refused to meet him."
Come to my door in person to apologize?
Gao Yuan couldn't help but sneer in her heart.
This is obviously ironic. The implication is that I need to go to the door in person to ask for a loan?
"How...how could this happen?" Jiang Wenmin looked puzzled and looked at Gao Yuan.
"Director Gao, I think there may be some misunderstanding. I will go to the bank immediately and ask President Lu in person!"
Seeing Jiang Wenmin preparing to go out, Gao Yuan smiled and waved her hand.
"No need, I've been asked by name to come to the door in person. I'm afraid I won't see you if you go there."
"Ah? This..."
Gao Yuan looked at finance, "If banks stop lending, how big will our funding gap be?"
"Currently, the company's debt is about 50 million, of which 20 million is about to mature. The rest is easier to handle. They are all long-term debts, but the principal and interest are also a large amount.
In addition, the company's expenses and raw material procurement... Taken together, if you want to maintain the normal operation of the company, you will need at least 60 to 70 million.
However, if the company cuts production expenses, it should be able to survive another quarter."
Gao Yuan thought for a while and shook her head. "We can't cut production expenses!"
Cutting production expenses is equivalent to continuing to hand over the already shrinking market share to others. It will be difficult to regain the market if we want to expand production in the future.
This is tantamount to abolishing martial arts.
Moreover, the company is already unstable. If we cut expenses now, others may think too much, which is not conducive to the stability of the company.
"What about loans from other banks?" Gao Yuan asked.
"I have arranged for people to contact other banks. This will take some time, but... banks that we have not cooperated with may not be able to give us such a large loan at one time.
We don’t have much collateral.”
"Okay! I understand, you go out first and try to contact other banks."
"Yes! Director Gao." Finance said and hurried out the door.
This is really a wave of ups and downs.
Gao Yuan couldn't help but fell into deep thought, tapping her fingers gently on the armrest of the seat.
The working capital of 60 to 70 million, if the losses of more than 20 million are also included, this will suddenly increase the funding gap of 100 million...
She doesn't have high hopes of getting a loan from other banks.
The other party deliberately planned to cut off her loan. If it was so easy to get the loan, then the other party would be too stupid.
Even if I can find connections and get through the bank in the end, the other party will definitely have a back-up plan, what is it... A comprehensive financial containment is not realistic...
That's right! If the cold storage fails and is poked out... it will be a fatal blow!
Once Evergreen Biotech suffers a huge unexpected loss, it is revealed that the capital chain is about to break...
By then, not only will no banks dare to continue lending to Evergreen Biotech, but many upstream and downstream companies will also come to collect money and run on debts. The situation will probably only get worse.
At this time, with internal and external troubles, I may have no other choice but to sell my shares at a low price in exchange for funds.
And the other party must have already prepared a suitable "buyer".
When the time comes to take advantage of the situation, once again and again, the other party can easily recover the equity of Evergreen Biotechnology at the minimum cost...
Thinking about the longer term, if Evergreen Biotech's operating conditions continue to deteriorate, the other party can eat up its equity bit by bit.
What a good plan!
No wonder! No wonder there are only shares and fixed assets in the agreement, but no cash at all.
Even if I wanted to sell that villa now, it would be impossible to close the deal and get the money back in a short period of time.
It seems that the other party has long made up his mind to cut off his capital chain.
This is completely a series of links!
However, in just a short moment, Gao Yuan had already guessed Xu Jinsong's entire plan.
It has to be said that this set of combos directly hits the evergreen creature's seven inches. Even if you know it is a trick, there is no good way to break it.
After all, Gao Yuan entered the market alone, while Xu Group had a huge first-mover advantage.
When people dig traps for you when you start running, you really can't jump over them. You have no other choice but to break through.
Su City is, after all, the Xu family's home ground...
Seeing Gao Yuan's silence for a long time, as if she was worried about money, Jiang Wenmin was secretly happy, knowing that the opportunity had come!
"Director Gao, I didn't expect that so many things would happen one after another, especially in the cold storage. This is the dereliction of duty of the relevant departments!" His face was slightly angry.
"I think the warehousing department has an unshirkable responsibility in this matter! We must find out the truth, hold the relevant responsible persons accountable, and recover the company's losses!"
Accountability? Recovery?
Even if everyone runs away, even if they are captured, how many tens of thousands can they get back 20 million?
"Ha! The person must be arrested, but that is a matter for the police.
I'm just curious. That night, the UPS was undergoing maintenance and there was a power outage. As it happened, we also had an internal problem at the same time... Manager Jiang, do you think there can be such a coincidence in the world?"
Gao Yuan looked at him with a half-smile.
Jiang Wenmin was trembling in his heart, but he did not dare to show it at all.
He pretended to think for a moment, then suddenly looked astonished, and then carefully guessed.
"Director Gao, I also think these things are too strange.
If this is not a coincidence, but a conspiracy against our company, do you think Xu... is behind it?"
So what if you know? This is a conspiracy!
But what can you do to the other party without evidence?
He silently observed Gao Yuan's expression, but saw that she just nodded lightly.
"Yeah! Manager Jiang's analysis is good."
good?
that's all?
At least give me a look of shock and anger!
"Uh... Director Gao, although the matter at the bank is not small, if the cold storage matter is not handled well, I'm afraid the trouble will be even greater!"
Although he felt that Gao Yuan's reaction was a little too cold, at this time, the arrow was on the string and he had to shoot, so he could only continue according to the plan.
"Well! Tell me what you think." Gao Yuan looked at him lightly.
"I think this matter must be kept strictly confidential first. If the outside world knows that we have suffered such a huge unexpected loss, not only will banks dare not continue to lend us loans, but even those suppliers may come to run on us.
By then our funding problem will be even more serious!”
"Well! What about after keeping it secret?" Gao Yuan looked like she was asking for advice humbly.
"This..." Jiang Wenmin seemed hesitant to speak.
"It's okay, but it doesn't matter."
"Well... Director Gao, in fact, the deterioration of drugs, such as improper storage or imminent expiration, is not uncommon in the industry..." Jiang Wenmin looked a little obscure and said in a low voice.
"Oh?" Gao Yuan understood the other party's implication. "Then how did they deal with it?"
"Generally, if the effect is not that good, you can treat it as unknowing, and there is no problem even if it is sold as a qualified product.
For example, if we mix qualified and unqualified drugs together, the probability of being detected is almost zero."
Gao Yuan raised her eyebrows slightly.
Jiang Wenmin waved his hands repeatedly when he saw this.
"Hey, Director Gao, don't get me wrong. This is not my idea. This kind of method is not uncommon in the industry. It is almost an unwritten secret.
There are even darker things, directly forging a batch of production records, which is completely hiding the truth!"
Production records are falsified?!
This is really a devilishly tempting suggestion...
Gao Yuan was silent for a moment, then suddenly laughed.
She looked at Jiang Wenmin.
"Manager Jiang, do you think that if I go in, you can still be alone, or even...take over Evergreen Biotech again?"
Jiang Wenmin's heart suddenly skipped a beat, and he waved his hands repeatedly, "No, no, no! Director Gao, I'm just telling you some unspoken rules in the industry.
In fact, I deeply hate these frauds and things that tarnish the reputation of the industry!"
"Haha!" Gao Yuan shook her head and smiled. "Do you know what the 'Four Laws' are that cannot be escaped in the process of entrepreneurial partnership in history, both ancient and modern?"
"This...I am ignorant." Jiang Wenmin felt a little sweat on his forehead.
"The so-called 'Four Laws of the Same' means that we are in the same boat, we work together, we fight in the same room, and in the end... we die together!"
Jiang Wenmin's face was stiff.
Gao Yuan said lightly, "I deeply agree. If this world doesn't have me, Gao Yuan, then what's the use of this world?"
Jiang Wenmin's back was covered in cold sweat at this time. He realized that after he wrote the letter of repentance, there was actually no way out.
It’s ridiculous that I still have a sense of luck, I’m simply a fool!
"Then do you know why I want to keep you?"
"Because...because I sincerely repent?" Jiang Wenmin said sarcastically.
The corners of Gao Yuan's mouth curled up slightly with enjoyment.