Chapter 364: Funding Problems Exposed

readx; "What? Out of funds? No way! There should be close to 100 million on the account at this time! ”

In the office of the CEO of McGao Communications in Queensland City, Jiangdong Province, Pang Guofan roared at Sun Jun. Pen & Fun & Pavilion www.biquge.info

The CEO leather seat that originally belonged to Sun Jun was sat under Pang Guofan's buttocks, and Sun Jun could only lower his head at the moment and didn't dare to look at Pang Guofan.

"I just noticed that we really only have more than 10 million funds left in our accounts. If it weren't for the sudden rush of those suppliers telling me that I would settle the arrears and see the full amount before shipping, I would have thought that we still had at least seventy or eighty million in our account. In the face of Pang Guofan's anger, Sun Jun could only tell the facts he knew.

Pang Guofan glared at Sun Jun angrily: "I took out 400 million real money and silver, and also provided nearly 200 million guarantees, and now you tell me that there are only more than 10 million left?" Where did you spend all this money? ”

Sun Jun reluctantly handed the financial statements in his hand to Pang Guofan: "Pang Gongzi, the accounts are here, you can take a look for yourself." Of the 400 million acquisition money, nearly 300 million yuan is paid to Xu Le and the founders of these companies, which is already the money that has been spent since you took over McGoll Communications. At that time, McGow Communications' funds were actually very tight, otherwise they would not have sold the company on the premise of holding the cooperation agreement of Unicom. When we took over the company, there was only 20 million left on the company's books, and with the capital you injected in and minus the funds given to Xu Le's gang, in fact, the funds on our books were only 130 million. In the past two months, a large amount of advance payments from China Unicom alone have cost us more than 80 million yuan. Some time ago, our seller increased the purchase volume, and I have already reported to you. You said that those sellers are all merchants who have cooperated with Caizi Group for many years, and Shi Lei can't do anything here, so I can rest assured that the goods will be delivered. As a result, we can't get back the payment, and our component suppliers are forcing us to ......"

"Don't tell me this, don't I know about it? What I want to know now is why we only have more than 10 million left, and where did this vacancy of at least 60 million go! Pang Guofan was impatient, Huo Di stood up, waved his hands and roared.

Sun Jun swallowed his anger: "Take a look for yourself, Mr. Song transferred 62 million from the account some time ago. I asked the bank why such a large amount of money was not notified to us, and the answer was that these funds were originally in the name of Mr. Song's account, and he only authorized you to withdraw them. That is to say, every penny you withdraw, the bank will notify Mr. Song, and Mr. Song does not need to inform us of the transfer. ”

"My dad? What is my dad doing with such a large sum of money? Pang Guofan was puzzled, and after trying to calm down, he picked up the phone on the table and called Song Yin.

"Dad, did you take 62 million to leave?" Pang Guofan's tone was trying his best to remain calm.

Song Yin seemed to be casual: "Yes, I mentioned it, what's wrong?" ”

"Why did you withdraw so much money all of a sudden? I'm burning my eyebrows here! Pang Guofan saw that the money was really taken away by Song Yin, and he couldn't suppress his emotions anymore, so he was very anxious.

Song Yin's voice suddenly became angry, but he deliberately lowered his voice, but his tone seemed to be roaring: "What am I mentioning this money for?" I'm wiping your ass! How much money do you think Shi Lei will pay to buy Genesis Media? Do you think the board of directors will approve of me selling Genesis Media at such a low price? Do you think those VC firms will watch their money fall into the hands of your typical decision-making mistakes? If you hadn't blindly acted recklessly and had to compete with Shi Lei at a high price in those markets, how would I agree to the conditions of the board of directors? The 60 million, I used it to make up for your losses on top of the losses of Genesis Media! Otherwise, you will be kicked out of the board of directors, and I will lose my position as chairman! Do you think I, the chairman, can really cover the sky with one hand? ”

Pang Guofan was stunned, since the last time Song Yin ordered him not to ask about the creation of the media, and said that he had asked Shi Lei to discuss the acquisition of the creation of the media, he has never asked about this matter, and even, due to the agreement between Shi Lei and Song Yin, the acquisition amount reported by the media is not the actual amount, so that Song Yin and Pang Guofan, who had serious differences in this matter, have not had any communication on this matter for more than a month. It is precisely because of this that Pang Guofan didn't even know that the 62 million money had been allocated to the account, and it wasn't until today that he found out that the security fund he set up for McGoard Communications was only more than 10 million.

After returning to Wudong from Pingjing, Pang Guofan already knew that Shi Lei's next step was to compete with him at all costs for the market for building and store advertising, and Shi Lei had already done so. And he also knew that Shi Lei's method of dealing with him was to squeeze his funds as much as possible, so that his capital chain would have problems, so as to oppress McGoard Communications. Therefore, in fact, Pang Guofan has always been guarding against Shi Lei in this regard and has never relaxed.

After Song Yin decided to sell Genesis Media to Shi Lei, Pang Guofan was even more vigilant, keeping Shi Lei's infiltration out from any angle he could perceive, he had lost to Shi Lei too many times, and this time, he must not lose again. Especially on McGogh Communications, he has to prove to everyone that he's the one who can have the last laugh.

Therefore, when the sellers of McGao Communications began to increase the purchase volume, Sun Jun, who was instructed, also reported to Pang Guofan as soon as possible. And Pang Guofan also immediately issued an order to suspend the delivery, he wanted to investigate whether there was a relationship between those sellers and Shi Lei, and his first reaction was that this was a trap given to him by Shi Lei.

The results of the investigation did not seem to be a problem, those sellers were all merchants who had cooperated with McGoo Communications for many years, and Pang Guofan carefully calculated that even if the purchase volume of these sellers doubled the original, it would not put McGotall Communications' funds in trouble, so after assigning a pressure limit to Sun Jun, Pang Guofan agreed to the additional goods of those sellers.

Xu Le's side also came with some good news, although because of the cooperative relationship with Unicom, their demand for R&D funds doubled, requiring the expansion of experimental equipment, so that Pang Guofan had to increase their R&D funds by more than 30 million, but in return, Xu Le's side also reached a new settlement agreement with the upstream component suppliers who have been cooperating with them. The settlement cycle has changed from one month to one quarter, which is a great good news for Pang Guofan, which has greatly alleviated Pang Guofan's demand for funds.

For this reason, Pang Guofan is still very proud, and has boasted more than once when he was drinking with friends, saying that Shi Lei thought he was smart, but he just helped him get more shares from Unicom.

This incident relaxed Pang Guofan's vigilance to a certain extent, but Pang Guofan was still very strict with his precautions, which made Shi Lei spend a little more time.

A month ago, Caizi Group had a regular annual meeting, and the sellers of household appliances related to Caizi Group would gather in Wudong to communicate with each other and strengthen cooperation and ties between them. More importantly, in fact, the time of the annual meeting is usually more than half of the year's sales, and it is about to usher in the second half of the sales node.

As one of the directors of Caizi Group, Pang Guofan and these people have also known each other for many years, eating, drinking, singing, and sauna are naturally nightly hospitality projects. In the process of entertaining, Pang Guofan inevitably had to brag about the McGao Communications, which he acquired as a sole proprietor, in exchange for a round of praise from those sellers.

As a result, several sellers seem to be very optimistic about the future of electronic communication products, and have proposed to buy some wireless communication equipment from McGok Communications, such as walkie-talkies, home routers, etc., for agent sales.

Pang Guofan still maintained enough vigilance in the face of the enthusiasm of these old customers, but when several old shareholders of the board of directors of Caizi Group also inquired about the matter and put on an obvious attitude of opposition, Pang Guofan finally signed a supply agreement with these sellers. However, because these sellers had no experience in selling products in this area before, they naturally had reservations about the sales situation, so they asked Pang Guofan to agree to give them a longer payment cycle. It was also because the component supplier also promised to extend the payment cycle, Pang Guofan weighed the pros and cons, believing that although there was little risk, it was a good measure to revitalize the funds of McGoo Communications, and finally agreed to the request of those sellers.

It's not that I didn't suspect that these are related to Shi Lei, but these sellers are business partners who have cooperated with Caizi Group for many years, and Stone Group has never been involved in the home appliance industry at all, and Pang Guofan has also done a detailed investigation, these sellers' recent sales performance has indeed declined, and they have never had any sales experience in electronic communication products, so it is absolutely impossible to have any entanglement with Shi Lei. So what they said about the decline in performance, hoping to open new product sales channels, is enough to win Pang Guofan's trust. Where would Pang Guofan have thought that the Caizi Group had already caught fire internally...... It is precisely because of this series of reasons that the production scale of McGowan Communication has been repeatedly expanded. Expanding production requires investment, R&D has been invested, and Unicom is continuing to accumulate the funds of McGoll Communications, all of which have become factors that make Pang Guofan's funds disappear quickly. And the reason why Pang Guofan didn't notice it until now is entirely because the component supplier suddenly asked Sun Jun to settle all the arrears, and the new bills of goods, they actually asked to see the full payment before shipping.

Then, the 62 million funds that Song Yin withdrew from his account became the last straw that crushed Pang Guofan.

Putting down the phone in his hand in a daze, Pang Guofan thought about it left and right, and really couldn't understand where Shi Lei came in.

"Call Xu Le to me!" Pang Guofan waved his hand to Sun Jun, for the sake of today, is to let Xu Le explain that those component suppliers obviously agreed to a quarterly payment cycle, why this is just a month, and they are impatient to collect money. Moreover, why would they ask for cash pick-up for new orders?

Xu Le quickly walked into Sun Jun's office, and he was already mentally prepared for Pang Guofan's summons.

As soon as he came in, Xu Le said to Pang Guofan with a face full of shame: "Pang Dong, I'm sorry, I trust those suppliers too much. I thought that after so many years of cooperation, the trust between us was enough, but I didn't even notice that the other party had been deliberately delaying the signing of a new settlement agreement. It was my fault. ”

Looking at Xu Le, who was full of shame in front of him, but did not have much sincerity, Pang Guofan seemed to understand something.

But at such a moment, Pang Guofan didn't dare to criticize Xu Le too harshly, after all, if he wanted to deal with those suppliers, he still needed Xu Le's help. In just a few months after taking over the company, Pang Guofan did not even communicate effectively with those suppliers, but invited those suppliers to Queensland when the acquisition was completed. At that time, there were only two suppliers who actually attended the meeting, and they were all local suppliers. At that time, Sun Jun had reminded Pang Guofan that if he wanted to have a good relationship with these suppliers, he was afraid that he still needed Pang Guofan, the chairman, and Sun Jun, the CEO, to visit these suppliers in various places, Sun Jun's subtext was actually very clear, Pang Guofan's attitude towards these suppliers was too arrogant, and did not show his sincerity, and the reason why these suppliers refused to come to Queensland under the pretext was to express their dissatisfaction with Pang Guofan's attitude.

It's a pity that Pang Guofan didn't listen to this at all, and in his words, "Lao Tzu sent them money, they should be begging me, why do I have to go to them?" And today, Pang Guofan probably regrets it, if he and Sun Jun had visited these suppliers together, they probably wouldn't have been Xu Leyin today.

"Now is not the time to discuss whose fault it is, Mr. Xu, I just ask you, can you discuss with those suppliers and sign the agreement quickly, there are two months of time, we should be able to ease up."

Xu Le shook his head: "The caliber of the suppliers is very consistent, recently there is a shortage of funds, and our purchase volume continues to increase, and they can no longer afford it." They were even willing to give two percent more than the original price, just hoping that we could pay quickly. Otherwise, they won't have the money to start working. ”

Pang Guofan looked at Xu Le gloomily: "It's really not negotiable?" These suppliers have been working with you for so many years, so they all have some friendship, right? ”

Xu Le was very relaxed: "Dong Pang, I have done my best, the most important thing is that these suppliers have heard from each other that everyone is dunning, and I don't know who is saying that our funds are in trouble, at this time, they are not willing to give in at all." Even two suppliers that were supposed to settle their payments at the end of last week have sent a letter directly to their lawyers. ”

"Xu Le, you're playing with me!" Pang Guofan finally couldn't bear it anymore, and slammed the table and stood up, since Xu Le didn't let go, this person couldn't stay!

Xu Le still looked ashamed, and he didn't feel anything because of Pang Guofan's anger, but smiled miserably and said: "I also expected that Pang Dong would blame me......" As he said, he took out an envelope from his pocket, "This is my resignation report, and I hope that Pang Dong can save face and allow me to resign voluntarily!" ”

"You betrayed me! The matter of the component supplier, you and Shi Lei teamed up to yin me, right? ”

"This incident is a mistake in my work, and it has nothing to do with other people, Pang Dong, I'm sorry." Xu Le bent down and bowed.

"What benefits did Shi Lei give you?" Pang Guofan calmed down at the moment, but the glint in his eyes obviously wanted to kill Xu Le.

"This matter has nothing to do with Shi Shao, it is purely a mistake at work, if I had re-signed the settlement agreement with them earlier, there would have been no such problem." Xu Le still said this.

"Even Shi Shao shouted, is this okay? Haha, okay, I know you won't admit it, okay, get out! However, Xu Le, you'd better ask for more blessings in the future, even if I lose to Shi Lei, it's still very easy for you to play to death! Pang Guofan sat back in his chair and looked out the window.

Xu Le didn't have any expression on his face and slowly left the office. As soon as he went out, several people who had followed him since the company started their business surrounded him, and no one spoke, but there was a sense of inquiry in their eyes.

Xu Le spread his hands very easily: "I have resigned, whether this company will have anything to do with me in the future depends on the will of God!" ”

The word providence, everyone present, understands, actually refers to Shi Lei.

After Xu Le left, the others knocked on the door of the CEO's office together, and then rushed in, put down a letter of resignation in front of Pang Guofan, and left silently without saying a word. All this seems to be expected by Pang Guofan, he just gloomy with that still handsome face, staring at these people who put down their resignation letters and left, as if he wanted to remember all their faces, and one day he would take revenge one by one.

"Shi Lei! What a powerful means! But do you really think you're going to kill me like this? Pang Guofan muttered to himself, and then said to Sun Jun: "Help me contact the new sellers on the company roster recently, and say that I want to meet with them!" Now, since Pang Guofan is no longer able to think about the component suppliers, he can only start from the sellers he is more familiar with, hoping that these sellers can settle some payments in advance to let Pang Guofan survive the crisis for the sake of many years of cooperation

(To be continued)