Chapter 567 Vicious circle
I didn't expect that things were really so serious.
"Isn't this project a shutdown last time already done? What's wrong with it?" I asked, "Is it that guy Ran Hongzhi doing something again?"
Mr. Hua sighed, "It's not him. I've already tried someone to settle the matter last time. This time, it's our own problem."
“What’s the problem?”
"Our capital chain is broken." Mr. Hua said with a puff of cigarette.
"Funding chain?" I wondered, "The bank's loans can't keep up?"
"It's not the bank, it's the side of Mr. Jia." Mr. Hua said.
"Mr. Jia?" I was stunned, "That means... Mr. Jia has not come in?"
Mr. Hua nodded solemnly, "Since this month, his funds have not been in."
"Why is this? Now that the project is at its most critical moment, how can it stop its funds? Isn't this going to destroy the project?"
Mr. Hua smiled bitterly, "Isn't this obvious?"
"Have you ever found him?"
"I've certainly found such a thing, and more than once or twice."
"What did he say?"
"He said that there was also a problem with his funds and he could only postpone it for a while." Mr. Hua said.
"This... Mr. Jia doesn't know that if this happens, the project will have to be suspended?" I asked.
The funding source for the Blue Sea and Blue Sky Project consists of three parts. One part is the family savings that Mr. Hua himself has saved over the years, part is a bank loan, which is about 120%. The larger part is the investment from Mr. Jia.
Mr. Hua's family has almost consumed in the early stage. Although the bank has a lot of loans, it cannot solve very substantial problems. If there is really a problem with Mr. Jia's funds, the project can only be temporarily suspended.
Mr. Hua smiled bitterly, "He has been doing it for so many years and is clearer than ours. He is obviously intentional. Do you think that no matter how bad his funds are, he still can't afford this little money?"
I was stunned. Yes, although this money is a lot for us, for a rich man in the coastal province like Mr. Jia, it is indeed just pocket money. I will never be able to get this little money because of capital turnover.
"But... why did he do this?" I wondered, "If this project is ruined, he will lose it himself."
"What do you think for him, losing some pocket money is like?" Mr. Hua said with a wry smile, "He is deliberately trying to cheat me."
"But why did he do this? Since he didn't want to help us, why did he agree to invest at the beginning?"
Mr. Hua sneered, "Isn't this an obvious thing? What's his relationship with Ran Yuling? Of course, he wants to ruin our project and help her gain a foothold in the Ran family."
"But if this is the case, he would have just chosen not to help us. If he doesn't help, our project will not be able to become, and there will be no threat to Yu Ling and his projects? Why bother to do this more than that?"
"Don't you understand?" Mr. Hua said, "If we don't take this piece of land, then there will naturally be others taking it. If others take it, he will be unable to control it. Only when we take it will he be sure to help Ran Yuling."
"Then it's too unfair to you!" I was immediately angry, "In order to help Yu Ling, I'm going to get you in, what's this? How difficult is it to be today? Why did he destroy everything about you so easily?"
Mr. Hua smiled bitterly and said, "I can't blame others, I can only blame myself for being too shallow..."
"I'll go find him!" I said angrily, "I'm sorry for him that he said it was for my face. It turned out that he had already made arrangements!"
Mr. Hua shook his head, "Qin Zheng, forget it, it's useless for you to find him when it comes to this position. This is what he has planned for a long time."
"No, I have to ask clearly!" I said angrily, "He is using me!"
Mr. Hua picked up his bag and said, "Qin Zheng, forget it, I'll find a way. It's useless to find him. I advise you not to go again. You, go ahead and do your business. I'll handle my business myself. I still have something to do. If I don't tell you, I have to leave."
I followed Mr. Hua to leave the company and was in a very heavy mood.
Although I have seen the methods of Ran Hongzhi and Zhao Zhiqiang, I was still deeply shocked when I suddenly heard about Mr. Jia’s plan today.
Mr. Hua had something to do and drove away in a hurry. I didn’t know what he was thinking about, but I felt that hope was slim.
The reaction caused by the project suspension is a vicious chain reaction. The project suspension will give customers the impression of unfinished work. The opponent Hongyuan Group will definitely take the opportunity to make a big fuss and convey this information to the market. We will lose a large number of customers. Without transactions, there will be no cash flow to alleviate the pressure of funds. We can only stop work indefinitely. In this way, in order to avoid risks, banks will immediately stop investing in funds.
In this way, the more you drag down, the more you will be in a desperate situation and be in a completely shutdown. The bank will take back all the mortgages of property. Mr. Hua is right, and there is even a risk of going to jail.
Unless at this time, there is a capital investment, but this is not a small amount of money. Mr. Hua wants to raise funds in a short period of time, and he hopes to sell equity. Because the project is now suspended and the market confidence is insufficient, who is willing to take such a risk to invest?
Looking at Mr. Hua's at a loss, I felt very uncomfortable and became more and more angry with Mr. Jia.
Therefore, after President Hua left, I left and drove to President Jia’s company to find him.
Mr. Jia’s secretary and I were already very familiar with each other. When I saw me, I smiled and said, “Long time no see you. Why are you free today? Come and find Mr. Jia?”
"Well, is he here?" I asked.
She probably saw that my face was not very good and smiled, "What's wrong?"
"Is he here?"
"Here, but just rested, you're here for a while, and I'll call you when he wakes up." She said.
I had to sit outside and wait for him.
About half an hour later, Mr. Jia asked his secretary to come and call me.
I walked into his office and saw Mr. Jia sitting there reading documents. When I saw me in, I smiled, "It's the New Year, why is your face so ugly? What's wrong?"
"Don't you know what's wrong?" I said angrily.
Mr. Jia smiled and said, "Sit down, I know you will come to me, so look, I am not at home during the New Year, I am just waiting for you here."
Chapter completed!