When Ye Rui heard these words, her ears immediately stood up, her beautiful big eyes flashed, and her face was a little flushed with excitement. Perhaps it was Ye Qingxue's strict discipline that stimulated the feeling in her heart.
With a rebellious mentality, now that I heard what Ye Qiu and the others were going to say seemed to involve the Situ family, I felt extremely excited.
Meng Chao didn't feel anything at all, after all, he didn't know much about the five major families yet.
Seeing Meng Chao's confused look, Ye Qiu explained and said: "Situ family, you can understand it this way, you know the Ye family, and the Situ family is a family that is on par with the Ye family. In China,
There are countless aristocratic families, among which there are currently five most powerful aristocratic families, which are far higher than other aristocratic families and are called the five major aristocratic families. They..."
As Ye Qiu narrated, Meng Chao's mouth gradually grew larger, and finally he was about to stuff an apple into his mouth, with a look of shock on his face.
Then, this guy suddenly looked at Ye Qiu, and then his body began to tremble.
Ye Qiu frowned, feeling a little suspicious in his heart. Could this guy be scared?
Think about it, if an ordinary person suddenly gets involved in the affairs of the five major families, everyone will be scared.
Ye Qiu thought for a while and decided not to let Meng Chao get too involved.
Just when Ye Qiu was about to say a few words to him, Meng Chao suddenly murmured to himself: "Damn it, I'm going to get rich. My status as the boss doesn't allow me to walk sideways wherever I go."
Already?"
"puff."
Ye Qiu almost fell down, and his face was covered with black lines. He thought this guy was scared, but it turned out that he was excited.
What a waste of my feelings!
Zhang Hongfei and the three of them also looked at Meng Chao with their mouths twitching, but then a smile appeared on their lips.
Although Meng Chao is Ye Qiuxin's younger brother, the three of them still don't have any sense of identity with Meng Chao, but now that this guy knows the background of the five major families, he doesn't feel very scared yet.
This gave them a sense of identity with Meng Chao.
"As expected of the guy the boss likes."
Zhang Hongfei and Yehu nodded and spoke softly.
"Yes, as soon as I saw this guy, I knew he was the same kind of person as us." Long Jiu nodded with the same feeling, "After I found out the identity of the boss, I knew that I, Long Jiu, would also have a successful career.
for one day."
Zhang Hongfei and Yehu turned their heads and looked at Long Jiu with their mouths wide open.
Long Jiu wondered: "Why are you looking at me like this? Don't you think so?"
Immediately afterwards, this guy suddenly felt something was wrong, as if there was a cold gaze scanning him.
"Suddenly I feel a little cold."
Long Jiu scratched his head.
Zhang Hongfei and Yehu patted Long Jiu's shoulders: "Yes, go back and put on some clothes, and eat and drink well. In this world, eating, drinking, having fun, and maintaining a good mood are the most important things."
These two guys secretly thought, you idiot, even if you think so, you can't say it like that.
Didn’t you see that the boss’s eyes were about to pop out of his head?
Alas, let's wait until tomorrow to collect this fool's body.
Zhang Hongfei and Yehu looked at Long Jiu with pity.
Ye Qiu took a few deep breaths. If he stayed with these bastards, he would be pissed to death sooner or later. He knocked on the table to bring everyone back to their senses, and then said: "Go on, what's weird about Jiuchongtian Group's situation?"
Is its current capital chain broken?"
Zhang Hongfei put away his playfulness and said: "Boss, this is what we can't understand. Let's start from the beginning. Jiuchongtian Group's largest business is its retail and manufacturing industries, including supermarkets, furniture, etc."
, fresh food, textile and other businesses, this business accounts for 80% of Jiuchongtian’s overall business.
However, our investigation found that since a year ago, the retail and manufacturing industries under the Jiuchongtian Group have extended their payment cycles for their upstream raw material suppliers.
Originally, the payment between them was settled every three months, which is also the default settlement cycle in the industry, but now it has been extended from 3 months to 12 months."
Ye Qiu frowned when he heard this and did not speak.
Meng Chao suddenly said: "If you extend the settlement cycle, if you are a small company, your suppliers will probably come to collect debts. Only large companies like Jiuchongtian Group can press the payment for such a long time, and those suppliers will also
They didn’t come to collect debts because they felt that Jiuchongtian Group’s reputation would definitely not default on their payment.”
Zhang Hongfei nodded: "You are right, and some suppliers have been pressed for payment for more than 12 months. For these suppliers, Jiuchongtian Group finally settled the payment, so after other suppliers know
"Although I felt that this time was too long, I felt that doing business with Jiuchongtian Group was relatively stable, and I was afraid that Jiuchongtian Group would not cooperate with them, so I did not come to collect debts."
Meng Chao thought for a moment and said, "But the practice of backlogging payment for goods is usually only done after the company's financial problems arise."
"You are right. According to the information we have investigated, in recent months, Su Bancheng, the world's second largest jewelry family in the United Kingdom...Grantham, has invested in a diamond mine in a war-torn area.
As a result, the investment failed and a large amount of money was lost. The loss is estimated to be around 10 billion. The capital chain of Jiuchongtian Group is indeed very tight now."
Zhang Hongfei said.
Meng Chao clicked his tongue. The overall value of the company he worked for was tens of millions. After losing so much money, he could have bought as many companies as he wanted.
Ye Qiu spoke at this time and said: "Since Su Bancheng has lost so much money, Jiuchongtian Group's funds must be very tight. As far as I know, his group company's debt ratio is over 60%, so you
What’s the point of saying he has plenty of cash?”
Zhang Hongfei said solemnly: "The problem arises here. Director Xue of the Provincial City Security Department helped us to find people to conduct statistics. Now the payment for goods paid by Jiuchongtian Group has reached nearly 30 billion."
Ye Qiu's heart skipped a beat: "How come there are so many? Unless he not only settles the payments for upstream companies, but also has corresponding policies for downstream companies."
Zhang Hongfei nodded: "Yes, Jiuchongtian Group's downstream companies all adopt the policy of paying first and then getting the goods, settling on the spot, or paying for the next few payments in advance, and they can also get preferential prices, which makes those downstream companies
Companies have invested a lot of money.
And not only that, now Su Bancheng also plans to borrow 20 billion from the provincial bank. If it can be approved, his liquidity will reach a very scary level." "Situ family?"
When Ye Rui heard these words, her ears immediately stood up, her beautiful big eyes flashed, and her face was a little flushed with excitement. Perhaps it was Ye Qingxue's strict discipline that stimulated the feeling in her heart.
With a rebellious mentality, now that I heard what Ye Qiu and the others were going to say seemed to involve the Situ family, I felt extremely excited.
Meng Chao didn't feel anything at all, after all, he didn't know much about the five major families yet.
Seeing Meng Chao's confused look, Ye Qiu explained and said: "Situ family, you can understand it this way, you know the Ye family, and the Situ family is a family that is on par with the Ye family. In China,
There are countless aristocratic families, among which there are currently five most powerful aristocratic families, which are far higher than other aristocratic families and are called the five major aristocratic families. They..."
As Ye Qiu narrated, Meng Chao's mouth gradually grew larger, and finally he was about to stuff an apple into his mouth, with a look of shock on his face.
Then, this guy suddenly looked at Ye Qiu, and then his body began to tremble.
Ye Qiu frowned, feeling a little suspicious in his heart. Could this guy be scared?
Think about it, if an ordinary person suddenly gets involved in the affairs of the five major families, everyone will be scared.
Ye Qiu thought for a while and decided not to let Meng Chao get too involved.
Just when Ye Qiu was about to say a few words to him, Meng Chao suddenly murmured to himself: "Damn it, I'm going to get rich. My status as the boss doesn't allow me to walk sideways wherever I go."
Already?"
"puff."
Ye Qiu almost fell down, and his face was covered with black lines. He thought this guy was scared, but it turned out that he was excited.
What a waste of my feelings!
Zhang Hongfei and the three of them also looked at Meng Chao with their mouths twitching, but then a smile appeared on their lips.
Although Meng Chao is Ye Qiuxin's younger brother, the three of them still don't have any sense of identity with Meng Chao, but now that this guy knows the background of the five major families, he doesn't feel very scared yet.
This gave them a sense of identity with Meng Chao.
"As expected of the guy the boss likes."
Zhang Hongfei and Yehu nodded and spoke softly.
"Yes, as soon as I saw this guy, I knew he was the same kind of person as us." Long Jiu nodded with the same feeling, "After I found out the identity of the boss, I knew that I, Long Jiu, would also have a successful career.
for one day."
Zhang Hongfei and Yehu turned their heads and looked at Long Jiu with their mouths wide open.
Long Jiu wondered: "Why are you looking at me like this? Don't you think so?"
Immediately afterwards, this guy suddenly felt something was wrong, as if there was a cold gaze scanning him.
"Suddenly I feel a little cold."
Long Jiu scratched his head.
Zhang Hongfei and Yehu patted Long Jiu's shoulders: "Yes, go back and put on some clothes, and eat and drink well. In this world, eating, drinking, having fun, and maintaining a good mood are the most important things."
These two guys secretly thought, you idiot, even if you think so, you can't say it like that.
Didn’t you see that the boss’s eyes were about to pop out of his head?
Alas, let's wait until tomorrow to collect this fool's body.
Zhang Hongfei and Yehu looked at Long Jiu with pity.
Ye Qiu took a few deep breaths. If he stayed with these bastards, he would be pissed to death sooner or later. He knocked on the table to bring everyone back to their senses, and then said: "Go on, what's weird about Jiuchongtian Group's situation?"
Is its current capital chain broken?"
Zhang Hongfei put away his playfulness and said: "Boss, this is what we can't understand. Let's start from the beginning. Jiuchongtian Group's largest business is its retail and manufacturing industries, including supermarkets, furniture, etc."
, fresh food, textile and other businesses, this business accounts for 80% of Jiuchongtian’s overall business.
However, our investigation found that since a year ago, the retail and manufacturing industries under the Jiuchongtian Group have extended their payment cycles for their upstream raw material suppliers.
Originally, the payment between them was settled every three months, which is also the default settlement cycle in the industry, but now it has been extended from 3 months to 12 months."
Ye Qiu frowned when he heard this and did not speak.
Meng Chao suddenly said: "If you extend the settlement cycle, if you are a small company, your suppliers will probably come to collect debts. Only large companies like Jiuchongtian Group can press the payment for such a long time, and those suppliers will also
They didn’t come to collect debts because they felt that Jiuchongtian Group’s reputation would definitely not default on their payment.”
Zhang Hongfei nodded: "You are right, and some suppliers have been pressed for payment for more than 12 months. For these suppliers, Jiuchongtian Group finally settled the payment, so after other suppliers know
"Although I felt that this time was too long, I felt that doing business with Jiuchongtian Group was relatively stable, and I was afraid that Jiuchongtian Group would not cooperate with them, so I did not come to collect debts."
Meng Chao thought for a moment and said, "But the practice of backlogging payment for goods is usually only done after the company's financial problems arise."
"You are right. According to the information we have investigated, in recent months, Su Bancheng, the world's second largest jewelry family in the United Kingdom...Grantham, has invested in a diamond mine in a war-torn area.
As a result, the investment failed and a large amount of money was lost. The loss is estimated to be around 10 billion. The capital chain of Jiuchongtian Group is indeed very tight now."
Zhang Hongfei said.
Meng Chao clicked his tongue. The overall value of the company he worked for was tens of millions. After losing so much money, he could have bought as many companies as he wanted.
Ye Qiu spoke at this time and said: "Since Su Bancheng has lost so much money, Jiuchongtian Group's funds must be very tight. As far as I know, his group company's debt ratio is over 60%, so you
What’s the point of saying he has plenty of cash?”
Zhang Hongfei said solemnly: "The problem arises here. Director Xue of the Provincial City Security Department helped us to find people to conduct statistics. Now the payment for goods paid by Jiuchongtian Group has reached nearly 30 billion."
Ye Qiu's heart skipped a beat: "How come there are so many? Unless he not only settles the payments for upstream companies, but also has corresponding policies for downstream companies."
Zhang Hongfei nodded: "Yes, Jiuchongtian Group's downstream companies all adopt the policy of paying first and then getting the goods, settling on the spot, or paying for the next few payments in advance, and they can also get preferential prices, which makes those downstream companies
Companies have invested a lot of money.
And not only that, now Su Bancheng also plans to borrow 20 billion from the provincial bank. If it can be approved, his liquidity will reach a very scary level."