I was eating hot pot and singing when suddenly I was robbed by horse bandits!
This is Master Tang's line in the movie "Let the Bullets Fly".
But now this situation has fallen on the Feng family of Li Feng. As they were eating hot pot and singing songs, suddenly a bolt from the blue fell on their heads.
The Feng family, father and son, were having a meal at home, chatting about the price war in the textile industry in Xiangjiang, which was becoming increasingly chaotic due to the Vietnam War. Then the phone at home rang, and it was the company calling.
Feng Guojing took the phone from the servant without paying attention, but when he heard the content on the phone, his face suddenly turned pale.
"Daddy, Daddy!" Feng Guojing shouted loudly to Feng Hanzhu in the restaurant.
Feng Hanzhu walked over and asked with a relaxed expression: "What's wrong? Did Chu Huan and Shen Bi get the results?"
Feng Guojing said in a trembling voice: "Which batch of the company's garment orders is in trouble!"
Feng Hanzhu had just drank a little wine and was a little tipsy, but Feng Guojing's words instantly sobered him up.
Kick, kick, kick!
He took three steps and two steps to get to the phone and asked loudly: "What happened?"
Feng Guojing quickly replied: "All the garment factories called and said that they could not order the zippers needed for the garments!"
Buzz!
Feng Guojing felt his eyes go dark and wanted to faint. Seeing this, Feng Guojing quickly put down the phone in his hand and supported Feng Hanzhu.
"I'm fine!" Feng Hanzhu endured the discomfort and asked, "What's the specific situation?"
Feng Guojing could only explain: "They didn't make it clear. They just said that all zipper orders had been placed three months ago, and they can't buy zippers at all now!"
"Why? Why did you notify us now?" Feng Hanzhu said angrily.
Feng Guojing had no way to give Feng Hanzhu an answer.
"Go back to the company, go back to the company immediately!" Feng Hanzhu knew at this time that this sudden problem was likely to be the death knell for the collapse of Li & Fung Group.
"By the way, call your uncle quickly and ask him to return to the company immediately!"
"Also, you and Guolun go to various garment factories immediately. I want to know the specific reasons!"
Feng Hanzhu issued a series of orders.
At this time, Feng Guolun had also come out of the restaurant. He had not yet figured out the specific situation and wanted to ask Feng Hanzhu and Feng Guojing.
But Feng Guojing had already dragged him out of the living room at this time, and told Feng Guolun what happened on the way. After hearing this, Feng Guolun's face changed drastically, and he did not dare to delay at all, and hurriedly went to various places in Xiangjiang with Feng Guojing separately. Garment factories understand the specific situation.
And Feng Hanzhu had already got in the car and headed to Feng's Building!
When the four Feng people gathered together again, it was already two o'clock in the morning the next day.
In Feng Hanzhu's office, the atmosphere was so solemn that people felt it was difficult to breathe!
Through what Feng Guojing and Feng Guolun learned at various garment factories, they already knew that the zippers needed for their batch of garment orders had already been ordered three months ago, but at that time, the zippers from these garment factories The boss thinks that three months is enough time for them to find a new zipper supplier.
Faced with such a large order from Li & Fung Group, they naturally did not want to give up, so they did not tell Li & Fung Group about it at that time.
But now the only task left for this batch of ready-made clothes was to install zippers, but they found that they could no longer order the zippers. As a result, they had to notify Li & Fung.
"Guolun, how's your contact going?"
Feng Hanzhu understands that this is not the time to pursue responsibility, but to ensure that these garments are delivered on time, otherwise Li & Fung will face triple compensation, which is 300 million Hong Kong dollars!
Neither the Li & Fung Group nor the Feng family can come up with this cash. If this is the result, then Li & Fung will have only one outcome: liquidation and bankruptcy!
Thinking of this consequence, the four people in the office were soaked in cold sweat at the same time.
Feng Guolun said decadently: "We have contacted them. There are zippers in Europe and the United States, but the time for them to be shipped is no longer allowed. The inventory of zipper suppliers across Southeast Asia is simply not enough to cope with this batch of orders. Xiangjiang's zipper supply
Businessmen...their inventory has already been bought in advance!"
There was a brief silence in the office, a kind of deathly silence. The four of them never thought that this batch of orders would have problems here.
"Dad, this matter is my fault. If I hadn't advocated signing this order in the first place, if I could have paid attention to this matter every moment after signing this order, things would not have happened.
That’s what it is now!”
After a moment of silence, Feng Guolun admitted his mistake to Feng Hanzhu.
Feng Guojing said: "This time, someone is obviously targeting us. This is a situation in itself!"
How could Feng Hanzhu and Feng Muying not think that this was a trap? But the most important thing now is how to break this trap. Otherwise, the Li & Fung Group's decades-long foundation will be destroyed in their generation!
Feng Hanzhu said loudly: "Guolun, please contact the European buyers immediately to see if they can give us a period of grace. Only time can save us now!"
"Dad, it's very likely that the other party is pulling the strings. What's the point of looking for them now?" Feng Guojing said angrily.
Feng Hanzhu glared at Feng Guojing and said, "You have to try it to see if it works. Otherwise, why don't we just wait here?"
Feng Guojing did not dare to speak.
Feng Hanzhu immediately said to Feng Muying: "Brother, please contact other members of our Feng family immediately. This is a time of life and death for our Feng family. They must help. Look at how much cash each family has in their hands."
, all ready to come out!”
Seeing Feng Muying's silence, Feng Hanzhu could only say: "Just tell them that if Li & Fung collapses, everything they have now will disappear!"
Feng Muying sighed: "I believe they are all willing to help Li & Fung, but even if they collect all the cash in their hands, it is impossible to get 300 million!"
The market value of the entire Li & Fung Group is only HK$340 million. The people of the Feng family basically live on the dividends of the Li & Fung Group, and these people are the same as other wealthy families in Hong Kong. It is impossible to
No matter how much cash I keep in my hands, most of it is invested in stocks and real estate.
"Let's get as much as we can. After daylight, we will contact all the banks immediately and we must find a way to get the 300 million Hong Kong dollars!"
Feng Hanzhu naturally knew this, so they still needed to contact banks in Xiangjiang and their friends.
First of all, Feng Guolun told everyone present the first bad news. The European side did not agree with their delay in delivery, and directly pointed out that if Li & Fung Group could not deliver on time, they would immediately take action against Li & Fung Group.
bring the action.
This means that time does not allow it, otherwise Feng Guolun would have to fly to Europe in person.
Although they had already guessed the answer, everyone was still silent for a while after hearing the other party's answer.
After arriving in Tianguang, Feng Muying brought news. After everyone in the Feng family learned about the current problems of Li & Fung Group, they were willing to provide cash help. However, the total cash in the hands of these people was only about 10 million Hong Kong dollars. For 300 million Hong Kong dollars,
The compensation in Hong Kong dollars is simply a drop in the bucket.
In addition, Feng Guojing also calculated that the liquidity in the hands of Li & Fung Group at this time was only HK$30 million!
Although Feng Hanzhu has always stated that the company must ensure at least 50 million Hong Kong dollars in liquidity, after this order is placed, Li & Fung Group will inevitably use some of its liquidity.
What's more, at that time, Feng Hanzhu just wanted to guarantee, but Li & Fung Group had never maintained liquidity at the level of HK$50 million.
"We can sue those garment factories!" Feng Guolun said in a panic.
Feng Hanzhu said with a serious face: "It's useless. Even if we sue them, it will be too late to respond to the lawsuit against us in Europe!"
When it was time to go to work, the four people immediately started to split up. Some went to contact banks for loans, some went to acquaintances to borrow money, and some thought of other ways.
but......
When they came to the bank and found their friends, they all saw a newspaper in each other's hands. Today's newspapers in Xiangjiang rarely reported on the price war in the textile industry in Xiangjiang, but reported on the Li & Fung Group.
this matter.
The Feng family, who have been busy dealing with this matter, had no time to read the newspaper today, so when the person they asked for help put the newspaper in front of the Feng family, the Feng family was completely panicked!
Bank of East Asia!
"Khan Zhu, it's not that we at the Bank of East Asia don't want to help you with this matter, it's just that your matter this time is really too big. If you do anything wrong, even the Bank of East Asia will be implicated. There's really nothing we can do to help you!"
Jian Yueqiang was also very helpless at this time and preached to Feng Hanzhu.
As soon as this news is announced, Li & Fung Group has actually fallen into a desperate situation. Think about it, this year, the existence of Hutchison International, one of the four major British-owned foreign companies in Hong Kong, is only because of the 100 million Hong Kong dollars.
Bad debts almost led to liquidation and bankruptcy. You can imagine the difficulties faced by companies like Li & Fung Group.
Banks have never been the saviors of enterprises. They are more willing to lend money to companies with excellent qualifications. Before today, Li & Fung Group was such a company, but after today, Li & Fung Group will be blacklisted by all banks in Hong Kong!
"Brother Jian, please help us Li & Fung. As long as we can survive this time, we Li & Fung will definitely remember Brother Jian's kindness!"
Feng Hanzhu did not want to give up just like that. Without the help of the bank, Li & Fung Group would definitely die this time!
Jian Yueqiang sighed and said: "Khanzhu, the friendship between you and me should not be such. You also know that although I am now the chairman of the board of directors at the Bank of East Asia, this is not my family. Your deal
The amount of money is so huge, even if I bring it to the board of directors for discussion, it will not be approved."
"Then let me borrow less!" Feng Hanzhu tried to ask.
Jian Yueqiang understood what Feng Hanzhu meant, which was to find more banks and borrow less from each bank, so as to accumulate less and make more.
"If other banks didn't know about this, perhaps your idea, Hanzhu, could be successful, but now I'm afraid no bank is willing to lend you 10 million!"
Feng Hanzhu sat there with a heart filled with despair, feeling that the abyss was behind him.
When Jian Yueqiang saw Feng Hanzhu's appearance, he couldn't bear it and said: "I personally can lend you some to Hanzhu, but it's just..."
Feng Hanzhu smiled bitterly and shook his head: "No, no matter what, I want to thank Brother Jian. If our Feng family does not survive this difficulty this time, when the Feng family starts again in the future, please ask Jian
Brother Duoduo is the one who can help me!"
At this time, Feng Hanzhu was already making plans for the future. Even if he could borrow cash from Jian Yueqiang's hands, it would only be three to four million at most. For the problems that the Feng family is facing now,
It won't have any effect at all. Rather than wasting the relationship between the two parties like this, it's better to leave it until later.
Jian Yueqiang looked at Feng Hanzhu's look and sighed deeply. Shopping malls are like battlefields. Don't lie to me. Before today, no one would have thought that Li & Fung Group, the second largest trading company in Hong Kong, would suddenly encounter such a situation.
A devastating blow.
Although he knew there was little hope, Feng Hanzhu went to Hang Seng Bank, Standard Chartered Bank, and HSBC Bank one after another after joining the Bank of East Asia, but the answers he received were all that there was no solution.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! That night, the Feng family’s ancestral home!
This time it is no longer an internal meeting between Feng Hanzhu, Feng Muying, Feng Guojing, and Feng Guolun. This matter involves the entire Li & Fung, and naturally the entire Feng family.
Feng Lihua, the second generation of the Feng family who also plays an important role in Li & Fung Group, spoke up at this time.
"Brother, third brother, how much money does the company still have?"
Feng Lihua is Feng Bailiao's fourth daughter.
After asking this question, the rest of the Feng family looked at Feng Hanzhu and Feng Muying.
Feng Hanzhu sighed: "Two hundred and fifty million!"
After hearing this, everyone looked extremely disappointed. It was impossible to come up with this money in a short time.
"Even if we pledge all the properties and stocks of the whole family now, it's too late!" Feng Lihua said helplessly.
Feng Hanzhu nodded silently.
The atmosphere of despair began to spread in the Feng family's ancestral home. This was no longer a matter of whether they wanted to help, but a matter of simply having no way.
Throughout the day today, almost all members of the Feng family were mobilized. The Eight Immortals crossed the sea and tried to raise funds, but the results were similar to Feng Hanzhu's. The whole of Xiangjiang already knew about the Feng family. At this time, out of
Morally, some people may borrow some money, but compared to the problems faced by Li & Fung Group at this time, it is simply a drop in the bucket.
Feng Lihua said in a deep voice: "I have been thinking about this matter all day long, and there are two things that are very strange!"
Feng Lihua's words made everyone turn their attention to her.
Feng Muying even said directly: "Fourth sister, if you have any ideas, just say it!"
Feng Lihua said: "When this batch of orders came in, the other party gave a higher advance payment and more profits, and it was a new company. We didn't think about it before, but now we have to think about it.
Was it a premeditated plan?"
"It must have been premeditated. Fourth Gu, I was blinded by the immediate interests at that time. I thought that the company needed more funds at that time, so I ignored it. Now that there is a zipper issue, it must have been the other party's plan.
It was planned to do this."
Feng Guolun immediately admitted his mistake.
Feng Lihua nodded and did not comment on Feng Guolun's mistake in this matter. It is not a matter of pursuing these responsibilities now. Even if it is pursued, it will have to wait until this matter is over.
"I have contacted zipper manufacturers in Hong Kong and Taiwan. Even if we increase the price, they do not have ready goods for us. They say that all the ready goods have been bought in advance, which proves our guess.
The other party must have premeditated to do this, so the question is, why did the other party do this?"
Facing Feng Lihua's question, everyone didn't know how to answer for a moment.
"The second thing is, how did many media in Xiangjiang know about this matter so quickly? In one night, they have reported this matter clearly. Even some senior executives of the company don't know the details."
This was Feng Lihua's second question, and still no one answered her.
Feng Lihua continued: "According to my analysis of this matter, although the other party is a European company, it is very likely that the company leading this matter is a company from Xiangjiang!"
Hearing Feng Lihua's analysis, everyone was stunned. Now they have determined that this business is a conspiracy against their Feng family. The other party who spends so much effort to target their Li & Fung Group always has to ask for something. Is it because of this?
That 300 million compensation?
"No, if it is for compensation, the other party will not report this matter through the media!" Feng Guojing mentioned what he thought of.
The rest of the people also nodded, agreeing with Feng Guojing's speculation.
If the other party wants compensation, they will keep this secret now and let Li & Fung Group collect the funds in the shortest time, instead of exposing it and making Li & Fung unable to borrow money!
Feng Lihua continued: "If the other party is not after the 300 million yuan in compensation, then they have only one goal, and that is our Feng family's Li & Fung Group!
Who else in Xiangjiang is interested in our Li & Fung Group?"
A figure instantly appeared in everyone's minds.
"I remember that when this order came out, it happened to be the time when our company was discussing how to deal with Chu Huan!" Feng Lihua was the first to express her speculation.
rub!
At this time, Feng Guojing stood up extremely angrily.
"If it was really Chu Huan, how could he do this? In this fight between Chu Huan and Shen Bi, we at Li & Fung Group took the risk of offending Shen Bi and stood on his side!"
Feng Guojing couldn't accept such a result. He thought that because of the problem between Chu Huan and Shen Bi, the Feng family and Chu Huan had completely turned their feud into friendship, but now it turns out that Chu Huan is still plotting against the Feng family!
Feng Lihua sneered and said: "Why can't Chu Huan do this? First of all, when this plan started, Shen Bi had not launched this war with Chu Huan, and what Chu Huan wanted most at that time must be our Li & Fung Group. Secondly, even if we have cooperation with Chu Huan now, what stipulates that under such circumstances, Chu Huan cannot take action against Li & Fung Group?"
Speaking of this, Feng Lihua looked at Feng Guojing helplessly and said: "Guojing, Guolun, although you two are very capable, you are still too young. Shopping malls are like battlefields. This is not just a saying. Everything is like a battlefield." Everything may cause our Feng family to become lonely!"
Facing Feng Lihua's reprimand, Feng Guojing and Feng Guolun didn't know how to respond for a while.
"By the way, have any of you paid attention to the company's stock price today? Are there any changes?" Feng Lihua did not dwell on the matter, but continued to ask.
Everyone looked at each other, but no one gave Feng Lihua the answer she wanted. They were all busy borrowing money today. How could they have time to pay attention to the company's stocks?
This chapter is not over yet, please click on the next page to continue reading! Feng Lihua immediately picked up the phone and called a securities firm she was familiar with, and soon learned about the situation of the stock market today from the other party's mouth.
Because of today's news report, the stock price of Li & Fung Group was shattered at the opening. The stock market crash has not passed. Every stockholder is like a frightened bird. Whenever something bad happens to a company, their company's stock price will definitely fall sharply. fluctuation.
What's more, the current situation of Li & Fung Group.
But this is not what Feng Lihua is most concerned about. She wants to know if anyone has made a large sum of money in Li & Fung Group stocks today. If someone has done such an operation, it will prove their previous speculation that someone is indeed preparing to use this matter to Acquire them Li & Fung Group.
The result was disappointing to Feng Lihua and others.
Today someone placed an order to acquire the shares of Li & Fung Group, and it is still the trend of getting as much as you want.
Later, Feng Lihua learned that it was Chu Huan’s fiancée Cao Yunshang’s Fengwu Securities who placed the order to acquire Li & Fung Group shares!
Everything is clear at a glance!
Feng Guojing suddenly turned around and walked out of the hall: "I'm going to find Chu Huan to find out!"
After saying that, regardless of everyone's persuasion, Feng Guo left the Feng family's ancestral home.
...
Repulse Bay, inside Chu Huan's villa!
Chu Huan and Cao Yunshang were in the study room, discussing today's affairs.
"As soon as the stock market opened today, the share price of Li & Fung Group fell by 60%. At the beginning, there were only selling orders but no buying orders. Later, with the entry of Fengwu Securities, some people wanted to increase the share price of Li & Fung Group and sell
, but we didn’t take the order, and we bought it after the other party restored the opening price!”
There was nothing wrong with Feng Lihua's analysis. It was Chu Huan who targeted Li & Fung Group.
And that so-called European company was actually founded by Xingchen Investment, which was registered by Chu Huan in Bermuda. Chu Huan's plan at that time was actually as it is now, using this order of more than 100 million Hong Kong dollars to get the Li & Fung Group to take the bait.
, and finally Xingchen Investment purchased Zipper, causing Li & Fung Group to be unable to complete the order.
The final result of the prediction was just like now, putting Li & Fung Group into an economic crisis, and Chu Huan used this opportunity to gain control of Li & Fung Group.
However, during the implementation of this plan, a price dispute arose between Jiahu Textile and other textile factories in Xiangjiang. At this time, the Feng family actually chose to side with themselves.
At that time, Chu Huan still slightly condemned himself because of this incident, but now that the plan has been implemented, it must continue to be implemented, and now the price war between Jiahu Textile and other textile factories in Xiangjiang has reached its end.
Chu Huan also needs to use Li & Fung Group to make this final blow!
Therefore, the control of Li & Fung Group must be in its own hands.
"How many shares do you hold in Li & Fung Group now?" Chu Huan asked Cao Yunshang.
"13.7%" Cao Yunshang said.
It acquired 13.7% of Li & Fung Group's shares in the market in just one day, which already shows how unfavorable Hong Kong's stock market is towards Li & Fung Group.
Cao Yunshang then continued: "The Feng family holds more than 51% of the shares of Li & Fung Group. Even if we acquire all the circulating shares of Li & Fung Group on the market, it will not be as large as the Feng family's shareholding.
Moreover, unlike other wealthy families in Xiangjiang, the Feng family is very united, and it is impossible to disintegrate them from within!"
"I know this. Otherwise, there is no need to use such a trick at the beginning. We can directly start an acquisition war with the Feng family in the stock market!" When Chu Huan decided to acquire the Li & Fung Group, he had already investigated the Li & Fung Group thoroughly.
Already.
If he directly started a takeover and anti-takeover war with the Feng family in the stock market, he would have no chance of winning, so Chu Huan asked Kelly to set up a company in Europe.
Cao Yunshang pondered for a moment before telling Chu Huan: "Is Li & Fung Group really so important? Even if you win this acquisition war, if someone exposes it, it will have some impact on your reputation in Xiangjiang.
."
Chu Huan's method this time was indeed a little less than aboveboard. If Chu Huan finally obtained control of Li & Fung Group by such means, he would be quite critical of Chu Huan!
Chu Huan nodded seriously and said: "It's important, it's too important. The raw materials for toys before and the raw materials for denim now are all because we don't have a large trading company like Li & Fung Group in our hands. Although Li & Fung Group's
The market value is not high, but if there is Li & Fung Group, then Jiahu Textile, Qingjin Clothing, and even youth toys will be able to truly form a closed loop from now on. As long as I don’t leave here,
problem, then no one can cause any further blow to these three companies!"
"As for those reputations in the business world, there is no time to care about them at this time. No matter what means the winner uses to achieve success, the final reward will be cheers and applause!"
Seeing that Chu Huan was so determined, Cao Yunshang stopped talking about this matter, and instead said: "Then I will arrive at the company tomorrow and instruct Liu Zhiyuan and Chen Tao to continue to acquire shares of Li & Fung Group!"
Chu Huan nodded.
Cao Yunshang said worriedly: "But even so, if the Feng family doesn't bow their heads, you still won't get control of Li & Fung Group!"
Chu Huan chuckled lightly and said: "What I want is control of Li & Fung Group, not the entire Li & Fung Group. I believe someone from the Feng family will definitely come over to discuss this matter with me!"
When Cao Yunshang was about to ask, Qin Peng knocked on the door and came in, saying that Feng Guojing from the Feng family was here!