mtlumby2d Chapter 294 Just what I want
Chapter 294 Just what I want
On this usually calm day in the business world, a piece of news came like a bolt from the blue, instantly causing a huge storm - Sanmu Group, a business giant with deep roots in the industry that has been entrenched in the industry for many years, suddenly announced its bankruptcy.
Once the news came out, it spread like wildfire in major business forums, financial media and social circles of industry insiders.
Reporters from the business media were like sharks smelling blood, rushing to seize the opportunity and publishing headlines as soon as possible.
"Sanmu Group goes bankrupt, the industry landscape may be reshaped" and "Fall of a giant! Analysis of the deep reasons behind Sanmu Group's bankruptcy" and other such headlines are flooding major news platforms.
The live broadcast room was flooded with messages from viewers, and the popularity continued to rise.
Some people lament that the business world is like a battlefield, changing rapidly.
Some people keenly sensed the potential business opportunities and began to secretly plan and layout.
Everyone was discussing the causes and consequences of Miki's bankruptcy, speculating which companies would be affected and which companies would benefit from it.
Unsurprisingly, Gu Fanxing also saw the news very quickly. A hint of surprise flashed in her eyes, and the corners of her mouth rose unconsciously, blurting out: "God is really helping me!"
She knew in her heart that this would undoubtedly be a fatal blow to Jiang Chengjun who was struggling on the brink of life and death.
At that time, Jiang Chengjun was in his office worrying about funding issues.
His desk was piled with documents, his hair was disheveled, his eyes were bloodshot, and he was frantically dialing the phone numbers of various partners, trying to find new funds.
At this moment, the phone rang suddenly. It was my sister Jiang Xue calling. On the other end of the phone, Jiang Xue cried, her voice trembling and hurried: "Brother, something terrible has happened! Sanmu Group has gone bankrupt, and our business district project is over now!"
When Jiang Chengjun heard this, he was struck by lightning. The phone in his hand almost slipped out of his hand. He sat in the chair in a daze, his mind blank.
The business district project is the most important project of the Jiang Group at present, and Jiang Chengjun recommended his sister Jiang Xue to be in charge.
Jiang Xue is young and energetic, but lacks experience. During the project implementation process, she mainly relies on the stable supply of materials from Sanmu Group.
Now that Miki has gone bankrupt, the supply of materials has been completely cut off and construction has been forced to stop.
The large machinery is parked in place, without the roar of the past. The construction material storage area is deserted, with only the dust occasionally blown up by the wind, telling of the busyness that once existed here.
After Jiang Chengjun came to his senses, he immediately called Jiang Xue: "Xiaoxue, please quickly count the current material gaps and the types of materials that are urgently needed. I will contact other suppliers."
After hanging up the phone, Jiang Chengjun frantically called various suppliers, trying to find new material supply channels, but most of the responses he received were rejections.
"Mr. Jiang, it's not that we don't want to help you, it's just that our production capacity is limited and we can't meet your huge demand."
"Mr. Jiang, given the current situation of your company, we are really worried about the problem of recovering the payment. We are sorry." Every rejection was like a heavy hammer, hitting Jiang Chengjun's heart hard.
When the board of directors learned of Miki's bankruptcy, they immediately held an emergency meeting.
The atmosphere in the meeting room was tense and depressing, and the air seemed to be frozen.
The shareholders all had gloomy faces and their eyes were like knives shooting at Jiang Chengjun and Jiang Xue.
"How exactly do you manage the company? You didn't even notice that such an important supplier went bankrupt! Now that such a big mess has broken out, how are you going to explain it?" Shareholder Mr. Wang slammed the table angrily and demanded loudly, the fat on his face trembling with emotion.
Jiang Chengjun looked exhausted and explained in a hoarse voice: "Dear shareholders, this is an emergency, and I didn't expect Sanmu Group to suddenly go bankrupt.
Although Jiang Xue lacks experience, she has been working hard. I have also been following the progress of the project, but this time it was too sudden... I have been trying to find a solution, but I really can't find a suitable supplier at the moment..."
"Think of a solution? You haven't come up with a feasible plan yet, how can we trust you? We shouldn't have agreed to let your sister be in charge of such an important project! She doesn't understand management at all, and her ability to handle things is poor. Look at what has happened to the project now!" President Zhao interrupted him mercilessly, his eyes full of distrust.
At this time, Mr. Sun, who had been silent, also spoke up: "Last time when the project progress was problematic, I reminded her to strengthen management. Jiang Xue, on the other hand, only focused on catching up with the progress and didn't look for problems in management at all. Now that the material supply has been cut off, she can't come up with an emergency plan and has no ability to deal with crises at all."
In the conference room, everyone was talking at the same time, and the complaints about Jiang Xue were endless.
The meeting ended in a heated argument, and Jiang Chengjun returned to the office exhausted and stressed.
He knew that the company was facing an unprecedented crisis. If a solution could not be found as soon as possible, what awaited him and Jiang Xue would be an abyss of no return.
With the bankruptcy of Sanmu Group, Jiang Group’s capital chain suffered an unprecedented impact.
The long-term cooperation agreement previously signed between Sanmu and Jiang included a large amount of advance payment. Now that Sanmu has gone bankrupt, the money has gone down the drain, directly leading to a sharp increase in the funding gap of Jiang Group.
The banks, aware of the huge risks posed by the Jiang Group, not only refused to approve new loans, but also demanded the collection of previous loans in advance.
Jiang Xue was also under tremendous pressure due to the mess of the project.
She traveled around, visiting small suppliers in the hope of finding a way around the situation.
"Boss, please, please supply us some goods first. We really need them." She spoke sincerely, but the small suppliers either did not have sufficient production capacity or were afraid of the financial situation of Jiang Group, and they all refused.
Jiang Chengjun looked at his sister who was exhausted and felt full of self-blame.
He personally went to the large supplier who had refused to cooperate with him before and made another humble request: "As long as you can supply me with goods, the price is negotiable and the payment method is also in accordance with your requirements."
However, most suppliers remain unmoved.
He persuaded a small supplier to provide a batch of urgently needed materials, but the day before signing the contract, the other party suddenly changed its mind.
Later, Jiang Chengjun found out that it was Gu who was behind the scenes, secretly putting pressure on the supplier, forcing them to give up cooperation with Jiang Group.
As time goes by, the project's losses become increasingly greater. Due to the stagnation of the project, not only do they have to pay for the idle workers, but they also have to pay high liquidated damages to their partners.
The capital chain of Jiang Group is on the verge of breaking. Jiang Chengjun and Jiang Xue are running around looking for material suppliers every day, but there is still no improvement.
There was panic within the company, employees began to worry about their future, and work efficiency dropped significantly.
External public opinion also began to turn against the Jiang Group, and various negative news continued to emerge, further weakening the company's reputation and market competitiveness.
Partners requested to terminate the contracts early, and customers lost confidence in Jiang Group and turned to other competitors.
Jiang Chengjun stood in front of the floor-to-ceiling window of the company, looking at the bustling city outside the window. The neon lights were flashing and the traffic was still hustle and bustle.
His figure looked particularly thin under the dim office light, and in his hand he tightly grasped the business district project plan that had already been soaked with sweat.
At this moment, the Jiang Group is like a huge ship that is crumbling in a storm. It seems that it will be swallowed up by the surging waves at any time, but it also seems to be waiting for a turning point that may appear at an unknown time.
Will it sink into ruin, or will it find a ray of hope in this desperate situation? The future of Jiang's Group is shrouded in a thick fog. No one knows the answer, and this fog is slowly spreading over the business world, attracting countless eyes to spy in secret.