"Wait! Wait!" The amount of information was too much, and Ning Beibei's brain couldn't process it at all, so she quickly stopped Chu Chen.
"Are you saying that the arrogant Xu Nianhe's family is bankrupt?"
Who dares to believe it? A year ago, it was a well-known multinational company at home and abroad. It caused a sensation when it returned to its hometown to donate to schools and society. Why did a company as big as Horizon go bankrupt when it said it was bankrupt?
Jian Anran just thought of it and said in confusion: "Isn't Horizon an industrial company? Logically speaking, it should have accumulated a certain amount of capital. Although the scale of the industry is shrinking now, for a company of their size, this ability to resist risks is
Is there still some?"
Chu Chen nodded, seemingly appreciating Jian Anran's words, "What kind of risk is this? In fact, their business was very good."
"Now the industry is shrinking, and a large number of small and medium-sized factories have collapsed. On the contrary, large companies like them are reaping the benefits."
"But Xu Nianzhi is unlucky because she signed a gambling agreement with someone."
When Ning Beibei heard this keyword, she subconsciously shouted: "Betting agreement?"
Other people in the corridor turned back frequently and looked at them curiously.
Ning Beibei lowered her voice and said, "Betting agreement? I seem to have seen this on the Internet."
Gambling agreements are not uncommon in shopping malls. The fortunes of many large companies are based on the success of gambling agreements. However, more companies go bankrupt because of the failure of gambling agreements——
Xu Nianzhi is one of the majority.
Xu Nianzhi's ambitions are huge. The expansion of her grand business empire requires a steady stream of cash flow and acres of land to build factories.
Unable to come up with such a large amount of assets in a short time, Xu Nianzhi signed a gambling agreement with a financial institution.
I heard that even institutions couldn't come up with such a large amount of money, so I still found three or four more institutions to get together the funds Xu Nianzhi needed.
Based on Horizon's income in previous years, there is no problem in paying off this amount within five years. At least in the first four years, Xu Nianzhi successfully met the standard and paid off the amount for that year.
Until the end of last year, the real estate industry experienced an ups and downs, along with the upstream and downstream industries of real estate, including the building materials industry in which Xu Nianzhi was engaged.
The production scale was suddenly reduced to 60% of the original, not to mention that until the end of this year, more than half of their projects were unable to get their money back. One link after another, Horizon was unable to resist, and Xu Nianzhi finally declared bankruptcy not long ago.
Chu Chen turned around and glanced at the bustling laboratory. His eyes seemed to be a little contemptuous, but also seemed to be a little regretful.
He sighed and said, "Xu Nianzhi has also worked hard for her sister."
Ning Beibei looked back along his line of sight, but saw nothing and asked curiously: "What?"
She suddenly remembered, "Then Xu Nianzhi didn't know that he was going bankrupt? He spent so much money on Luojiang last year. Just Wen Siheng's laboratory, the equipment, and the good guy, could buy several villas, right?"
Chu Chen smiled and said in a cryptic manner: "This is called keeping the green hills there, so you don't have to worry about running out of firewood."
Before he could recover from his coolness, he was hit by Ning Beibei's reality blow from the back of his head, "That's about it, don't be too pretentious."
Chu Chen scratched the back of his head in embarrassment, "Isn't this because she is afraid that her sister will have a difficult time in the future?"