Someone from the materials company came to ask for money?"
"Didn't we agree to give it on credit first?
I will pay you after the project is completed.”
"no?
You said we are strapped for funds, are you afraid we won’t have any money to give?”
Xu Shirong was anxious, "Who said that?
Will a company as big as ours default on its debt?"
"Mr. Xu, I've told them all this, but these people insist on asking for money, and they won't leave if they don't give it!"
"I'll go to the company right away."
After hanging up the phone, Xu Shirong hurriedly walked out. Before he could get in the car, another call came through.
"What?
Did the workers also go and ask for money?”
"what happened?"
Before I could ask clearly, another call came in. It was a veteran of the company.
Xu Shirong hung up and answered the elder's call.
"The bank came to call for a loan early in the morning. Mr. Xu, what should I do?"
"Is there no money in the account?"
"No, I checked with the finance department. We only have tens of thousands of dollars left in our books, which is not even enough to pay workers' wages."
For a moment, Xu Shirong felt like the world was spinning. How could this happen?
Why did everyone suddenly come to him asking for money?
It's like...as if it was planned in advance.
Suddenly, Xu Shirong thought of what Xu Yiman said yesterday.
"Where's Feiyu?
Let him get back part of the money he invested first."
"I can't contact Zhao Feiyu, his mobile phone is turned off."
Buzz!
Xu Shirong's head exploded, and a bad premonition ran through his body.
Xu Group's main business is real estate, and almost all real estate projects are financed with loans. As long as there are no problems with the capital chain, the company can operate stably.
Xu Shirong also evaluated the risks, and was finally persuaded by Zhao Feiyu to use all the liquidity on the books to invest in emerging projects in order to get Xu Group listed as soon as possible.
For a CEO who runs a company, going public is a hurdle towards success, and Xu Shirong is also in a very urgent mood.
Zhao Feiyu also seized on this weakness and successfully deceived Xu Shirong.
Now, there is no liquidity in the books, everyone comes to him to ask for money, the bank is still calling for loans, all the problems have exploded, and Xu Shirong can't handle it in an instant.
If it were just one of the items, Xu Shirong would have asked someone to lend him a loan to cope with it. But now the gap is not just tens of millions, but hundreds of millions. Let me ask, who dares to borrow?
"dad!"
Xu Shirong was still in shock, and Xu Yiman came back in a hurry.
"I've found the evidence."
Xu Yiman handed over a piece of compiled information and said anxiously: "I checked, and on the surface these companies invested by Zhao Feiyu seem to have no problems, but in fact they are all empty shells, or shell companies established by Dingsheng Group.
This is the transfer record between them, Zhao Feiyu really lied to you."
"It's too late...it's too late for everything..."
Xu Shirong was in a daze and his brain was buzzing.
"Dad, do you know?"
Seeing that Xu Shirong's expression was wrong, Xu Yiman said doubtfully.
"We were cheated by him. Everyone came to me to ask for money. Xu Group is afraid... it will go bankrupt..."
Xu Shirong slowly squatted down, his whole body was numb.
"What?"
Xu Yiman rushed back after the investigation, not knowing what was happening in the company at this time.
"Iman, it was my fault! I should have listened to you and believed in Li Xinghe. Maybe there is still hope, but now it's too late..." Xu Shirong said sadly and angrily.
Xu Yiman looked solemn and said, "Dad, maybe it's not too late. You go to the company first, and I'll find you later."
After saying that, Xu Yiman left.
"Hey! Iman!"
Xu Shirong sighed, he had to face it after all, and immediately got in the car and went to the company.
At this time, the Xu Group was already in chaos. A group of workers outside were blocking the company asking for wages. The material dealer inside refused to leave without getting money. Bank reminders also came.
People at the manager level could no longer cope. When Xu Shirong arrived, everyone seemed to be hoping for a savior.
"I must raise this money as soon as possible. Please be patient."
Xu Shirong came to the office after passing through many obstacles. He was so worried about finance that he almost cried, "Mr. Xu, the company really has no liquidity. How can we pay everyone?"
"You go out first, I'll make a call."
Xu Shirong took a deep breath and dialed Zhao Feiyu's number, and the call went through.
"Zhao Feiyu, why do you want to harm me?"
As soon as the call was connected, Xu Shirong asked angrily, but what he got in exchange was a chuckle from Zhao Feiyu.
"Uncle Xu, after all, you have been a company all your life, don't you understand the law of the jungle?"
"you!"
Xu Shirong was so angry that his lungs were about to explode, "Why?
The cooperation between the Xu and Zhao families has always been pleasant, why are you doing this?"
"You are just one of our targets."
Zhao Feiyu sneered: "What Dingsheng wants is never just one market, but the entire Qingbei market."
"Uncle Xu, you also know that Dingsheng Group is headquartered in Longzhong. Compared with your small Xu Group, it is not a bit stronger. In Qingbei, Xu Group may be very powerful, but for Dingsheng, Xu Group is very powerful.
The Group is just a small chess piece on the road to expansion, and what I have to do is to accept this chess piece to prove that I have this ability. Only in the Zhao family, I, Zhao Feiyu, will have more say, do you understand?
?”
Xu Shirong suddenly realized that the Xu Group was just a touchstone on Zhao Feiyu's growth path.
But he was unwilling to give in. After living for decades, he was plotted against by a junior and was defeated so miserably! He couldn't be reconciled!
"Feiyu, I treat you well on weekdays. The Zhao family is strong and there is no shortage of me and the Xu Group to strengthen their power. For the sake of my trust in you and helping you, just let our Xu Group go!"
Xu Shirong looked down and down.
"Ha ha……"
The proud laughter came, hurting Xu Shirong's heart.
Even so, he could only endure it. If forbearance could save the Xu Group, it would be worth it.
"You're right."
Zhao Feiyu said quietly: "If it weren't for Uncle Xu's trust, I wouldn't be able to take down the Xu Group. Just for your trust, I have to repay you."
"You promised to let the Xu Group go?"
Xu Shirong said in surprise: "As long as you, Dingsheng, are willing to lend me money, I can get through this difficulty."
"You can borrow money, no matter how much you want, but you have to agree to two conditions."
Xu Shirong's face darkened, "What are the conditions?"
"First, this money counts as our Dingsheng investment. I want 99% of the shares, and the remaining 1% is a reward for you. It's also good to get dividends at the end of each year. Second, let Iman marry me, otherwise
There is no need to talk about investment."
"Zhao Feiyu!"
Xu Shirong was angry. This was not a negotiation, it was clearly asking him to sell his company and his daughter.
"Don't agree?"
Zhao Feiyu sneered, "The choice is yours, do you want to get dividends every year or do you want to carry debts that you will never be able to pay off?"
Xu Shirong was stunned. Anger could not solve any problem, and every word Zhao Feiyu said hit his mark, leaving him unable to make a choice.