Everyone was frantically calling to inquire about the situation. Yang Weigang was walking up and down the hall, extremely angry.
The news coming from everywhere was not good news. Factories and real estates were constantly being blocked, industries were shut down, and the stocks of companies related to the Yang family fell to the limit. The huge Yang family industry suddenly collapsed.
Liu Xin was desperate when she saw this scene. She screamed angrily: "This is impossible, this is absolutely impossible. Yang Weigang, didn't you say that your Yang family has an industry worth tens of billions?"
"What's going on now? Why were they all blocked all of a sudden? Could it be that your Yang family lost tens of billions? What on earth is going on?"
Yang Weigang glanced at Liu Xin with a cold face. At this time, he did not dare to yell at Liu Xin. Yang Weigang said: "Daughter-in-law, don't worry, the main problem now is that we lost a batch
The cargo, that shipload of rare earths is worth more than seven billion."
"Now the goods are lost in Seattle. The most important thing is that we can't deliver the goods on time. The other party sues our company and we need to compensate us for US$200 million."
"We only need to find that batch of goods to resolve this crisis."
After hearing this, Liu Xin shouted angrily: "But what if it's lost? You also said that the goods are only worth more than 7 billion.
"Even if you compensate the other party for more than one billion, it will only be eight or nine billion. Don't your Yang family have tens of billions of assets? Why is it suddenly bankrupt now?"
Yang Weigang frowned and explained impatiently: "Several billions are liabilities plus fixed assets, plus circulating funds, plus valuations in the stock market, and it's only a few billions."
"Actually, which company has so much money? For example, the bankrupt Evergrande had a market value of several trillions. But as a result, just because of a small amount of money, didn't the entire Evergrande collapse?"
"Our Yang family already has a very healthy asset structure, but this time it happened too suddenly!"
"Continue to send more manpower to Seattle to search for that batch of goods. We must find it as soon as possible."
Yang Weigang gritted his teeth and walked back and forth.
Liu Xin was completely disappointed. It was very difficult to find a batch of goods that was lost in China. Now that it was lost in the United States, it would definitely be even more difficult to find it.
Liu Xin finally realized at this time that the Yang family's so-called tens of billions of assets and the so-called third largest family in Qingzhou City were actually nothing but bullshit.
They used the money they borrowed from banks to build factories and counted it all as their own money. They also counted the high valuations in the stock market as their own money.
Now that the news of the Yang family's accident has been reported, the stock market has instantly dropped to the limit, and will even be delisted as soon as it hits the bottom. As a result, the Yang family's property has shrunk in an instant, and bankruptcy has become inevitable.
Even if the rare earth mines can be recovered within a month, it will be difficult for the Yang family to turn around in the future.
Now a batch of more than 3 billion debts has matured, and the Yang family has been seized. More debts will mature and need to be repaid in the future!
The Yang family is finished!
When Liu Xin saw the panicked Yang family, she angrily turned around and strode outside. She got into the car, gritting her teeth and looking livid.
Yang Long was still standing where he was, his whole body was completely collapsed.
He didn't expect that he was so prosperous before, and now suddenly had nothing.
Yang Weigang kicked Yang Long and said, "Xiaolong, what the hell are you doing standing still? Hurry up and chase Liu Xin. She still has our Yang family's child in her belly!"
"And it is very likely that our Yang family will have to rely on their Liu family in the future!"
Yang Long's face turned pale when he heard this. He looked at Yang Weigang in disbelief and said, "Dad, is it really... is it really so miserable?"
"Our Yang family should have a lot of assets. Why do we have nothing now just because of the 9 billion rare earth mine issue?"
"Our Yang family has sold off all its assets, which should be worth the nine billion. We can at least have some money left, right?"
