Chapter 1290 The predicament encountered by Hang Yulai
After the meal, French banker Claude French called Hang Yulai, the president of Guoyu Group.
"Hello, Mr. French." Hang Yulai said politely.
"Hello, my friend." Mr. French said politely: "I didn't expect you to be one of the guests, that's great. I was going to go to your place. I think you know why I came to you."
"Of course I know, Mr. French." Hang Yulai replied with a smile: "The new repayment period for my loan to your bank is coming. Please rest assured that Guoyu Group and your bank have been working with for so long, and we have never exceeded the deadline."
"Yes, I am completely relieved of your credibility." Mr. French actually had some regrets in his words: "We noticed that Guoyu Group has encountered some trouble recently, and its performance in the market is very bad, and its stock price has been falling again and again."
Hang Yulai did not deny it at all: "I also noticed that some forces we don't know are attacking my company and maliciously shorting our stocks. But you can rest assured that we have formulated a counterattack plan."
"You don't."
Mr. France smiled, but he was not polite when he spoke: "We don't think you have a counterattack plan, and you don't know what kind of force you are dealing with. You will not be their opponent at all. So in view of this, our risk control department has to lower the rating of Guoyu Group and officially propose to you that within 30 days starting today, you must repay the bank's loan in full. Mr. Hang Yulai, please remember to repay it in full."
Hang Yulai was shocked.
Repay in full within 30 days? There is no way for me to do it.
I am doing my best to deal with malicious attacks from external forces, and at the same time I have begun to ensure the market, and I don’t have much working capital at all. I was able to deal with it according to the normal repayment agreement, but now I have to repay it in full?
"Mr. French, you are making things difficult for me." Hang Yulai suppressed his anger: "The loan agreement we signed before is not like this."
"Of course." Mr. French shrugged: "But I must remind you that there is a piece in the loan agreement we signed. If we feel that there is a problem with your company's operation and we have to lower the rating, then our bank has the right to ask you to repay the full loan in advance."
Hang Yulai's face turned pale: "Mr. Claude French, our company has been working with your bank for a long time. We have a very good reputation. We have never had a one-day overdue period. But in our company's special period, are you really going to do this? This is to force my company to a dead end."
"I'm really going to do this." Mr. French's face remained motionless: "I have to consider the bank's funds. We are friends, but the relationship between friends cannot be above the bank's interests. For the last time, I would like to see you be able to repay all your debts in full within 30 days!"
Hang Yulai took a deep breath: "You said we are friends, but at least you can tell me one thing, Mr. Claude French, why do you do this?"
Mr. French stared at him: "Because you don't know who your opponent is. We don't think you have any chance of winning against them. You will soon go bankrupt and your company will soon be no longer yours."
"Who is it?"
"Do you really want to know?"
"Yes, I'm extremely eager to know."
“Red Coral Capital.”
...
Seeing her husband come back in a daze, He Bilian, who is his wife, hurriedly poured him a cup of tea: "What's wrong? Is something happened?"
"I'm afraid I'm going to be finished." Hang Yulai took a sip of tea and rubbed his temples: "Claude French asked me to repay the debt in full within 30 days."
"What?" He Bilian was also surprised: "Full? How could French do this? We have always had the highest credibility level in them."
"Red Coral Capital, Red Coral Capital, we are targeted by the damn Red Coral Capital."
Once these words were said, He Bilian had no idea what to say.
Hong Coral Capital is simply a terrible name, and the company they targeted is simply a corpse.
There is not even a chance to resist.
But why did this damn Red Coral Capital target Guoyu Group?
"The most important thing now is to solve the debt problem in France." He Bilian, who calmed down, tried to calm herself down: "Otherwise, once they apply for compulsory enforcement, the blow to our company will be fatal."
Hang Yulai smiled bitterly, didn’t he know? But where did he raise such a large amount of funds?
He Bilian hesitated for a moment, then said tentatively: "Didn't you prepare 120 million US dollars for Mu Bai? You can also solve some of the funds by borrowing them temporarily."
"No!" Hang Yulai said flatly: "That's the only thing I left for Mu Bai, and I can't touch it no matter what."
Speaking of this, he couldn't help but sigh again: "Besides, my loan still needs to be repaid 180 million US dollars. I really used the funds left for Mu Bai, so what's the face I have to see his mother after I die? Besides, our main opponent this time is Hong Coral Capital, and we have no chance of winning at all."
"Where is Zhu Guoxu?"
He Bilian finally said: "I just calculated that all the funds drawn from the company and our personal accounts and from the branches below can be raised about 60 million. I will immediately return to Canada and can borrow about 20 million privately. There is nothing I can do about the remaining 100 million. I think I can help Zhu Guoxu, right?"
Hang Yulai nodded. At this point, this is the only way to do it.
Zhu Guoxu is his old friend. He once lent him 500 yuan to his current self and Guoyu Group.
So what about this time? Will he continue to help himself through the difficulties?
Hang Yulai was not sure.
"Go and try it no matter what.
He Bilian encouraged her husband: "Whether he promised or not, no one can know if he didn't try it. The rain has come, and we have survived so many ups and downs. This time I believe we must have a solution."
Hang Yulai smiled bitterly.
Really?
Don’t your wife know the terribleness of Hong Coral Capital?
No grass is left wherever you go.
What does Guoyu Group use to resist?
In front of them, Guoyu Group did not even have the chance to fight back.
They will eradicate the last grass in the group.
Chapter completed!