Chapter 196: Preserved
"Did you really talk about that project?" Xu Xiaoai couldn't believe it: "This developer is almost out of breath, how can he still find a third party to take over?" β
Chu Yu calmly put down his phone: "Yes, they found it, because we have money for this project." β
"Where did you get the money?"
"It turned out that the money in the escrow account was enough for later construction, so naturally someone was willing to take over. It's just that you have to go through the relevant procedures of the court, which is a bit troublesome. β
Xu Xiaoai looked at Chu Yu's ease, and she was really envious in her heart: "Your luck is too good, now as long as you have money, any kind of difficulty can be solved in time." β
Chu Yu scratched Xu Xiaoai's nose: "It's not our luck, but the norms of early management, you should have a lot of money in the original real estate project supervision account, so where is the money now?" Was the regulation in place at that time? I remember when you did a service trust with an escrow account, wasn't that what it was for? β
Xu Xiaoai thought about it, yes, the service trust she once made to supervise the account was to avoid the risk of the developer running away and causing the capital chain to break.
"Then why don't you keep doing it? If your real estate projects at that time were also more strict in terms of capital supervision, would it be easy to solve it like we are now? β@
Chu Yu's words made Xu Xiaoai think deeply, and the trust advantage she originally had was only after a point-like breakthrough in a certain area, and it was never spread out like a face.
Moreover, the company has not been able to make up its mind on these unprofitable projects such as service trusts, and the system construction invested is at the level of tens of millions, and without external promotion, these projects cannot be pushed at all.
Coupled with the company's later risks, the situation became worse and worse, Xu Xiaoai himself was transferred to operations, and Daniel Zhang's proposal to set up a special department was also shelved, resulting in the current unfortunate situation.
While the two were talking, Xu Xiaoai's mobile phone rang, it was an administrative phone, and Xu Xiaoai picked it up: "Mr. Xu, the company informs you to go to Conference Room No. 1 for a meeting immediately." β
"Now?"
"Yes, right now, immediately, it will officially start in half an hour."
Xu Xiaoai looked at the time on her phone, it was almost 10 o'clock in the evening, and she was still sleeping in clothes and wearing a mask.
"What's wrong?" Chu Yu looked at Xu Xiaoai with a wrong expression and asked with concern.
"The company held an emergency meeting."
Chu Yu didn't say a word, he took his coat and left: "I'll send you there." β
"I don't know how long it will be."
"It's okay, I'll wait for you below. It was too late and I just slept in the car. β
Xu Xiaoai hurriedly changed her clothes, and when she arrived at the company, she saw that all the middle-level and above were in the conference room, and it seemed that something really big had happened.
Daniel Zhang and several leaders in charge were the last to enter, their expressions heavy.
"To invite you all today is to announce bad news. Our company's inherent finances have been applied for property preservation by someone else. β
Everyone's mouths opened in surprise.
"I was as surprised as everyone else, and I didn't expect the court to support the investor's request."
Zhao Yao hurriedly asked, "How much has been preserved?" β
"The current amount is 32 million, and what I am most worried about is that after the news report comes out tomorrow, most investors will apply for a freeze together."
As soon as Daniel Zhang's words came out, the entire conference room was silent, and no one expected such a thing.
"Now the company's basic account still has nearly 300 million cash, which is used to take over the next week's products." The head of the Ministry of Planning and Finance added.
"That means that you can only receive more than 200 million products next week?"
The person in charge of the Ministry of Planning and Finance nodded sadly: "Yes, the original issuance plan will be changed, provided that there are no more safeguards next week." β
What's going on? Lu Liang angrily threw the pen on the table to the ground.
#ζ们ε¨ι£ζΌζ»ζΌζ΄»ηζ³εζ³θΏι±, these investors are still desperately pulling us back. #
#δ»δ»¬ζ₯ε°δΊζ们ζδ»δΉε₯½ε€, the company as a whole can't do business, their money can.
Are you back? #
#θΏζ―εΊδΏ‘ε离, how can the inherent funds be redeemed for trust funds? How come they don't even have this bit of common sense? #
Xu Xiaoai figured out that these investors were not actually trying to seize the inherent funds at all, because they couldn't get the seized inherent funds, just to use this means to force the trust company to come up with a solution as soon as possible.
She took a deep breath: "Mr. Zhang, the plan I talked to you about before may be the best solution." β
Everyone looked at Xu Xiaoai and listened to her continue.
"Now we have no control over public opinion, as long as the judgment document is published on the Internet, we are property preservation matters, then tomorrow there will be overwhelming news to report, originally we are a good trust company, but under the pressure of these news and public opinion, we will be considered by the majority of investors as a very bad trust company. The consequent regulatory risks are also growing exponentially. β
Before Xu Xiaoai's words were finished, Daniel Zhang's phone rang, it was the call from the bureau.
Daniel Zhang's face turned a little pale after answering the phone: "The regulator requires us to explain the situation tomorrow morning." β
Xu Xiaoai continued: "The most important thing now is to save ourselves, to redeem the funds of these investors, to reduce the risk of external public opinion, only by relieving the external pressure, can we do our own business with peace of mind." β
Everyone knew that what Xu Xiaoai said was right, originally Zhao Yao didn't think much of Xu Xiaoai's statement, but now it seems that this is the only way.
Zhao Yao raised his right hand: "I agree with Xu Xiaoai's statement, we have to grit our teeth and make ourselves a real estate development company no matter what." Although we are not as professional as developers, we have been in the industry for so many years, and we know a lot about the doorways inside, as long as we survive this last period, maybe we will survive. β
"The most important thing now is who will share this risk with us? What we need is funding. β
Daniel Zhang looked at Lu Liang, who was about to go violently: "Tomorrow the regulator requires us to go with the shareholders, they will naturally pass on the pressure to the group, I think at this moment only the group will share this risk with us." β
Xu Xiaoai knows that tomorrow is a difficult battle, what will the regulator choose in the group and Daewoo Trust in this grim situation? She hopes that it will be a ruined result, but the group also has its own shareholders, and their shareholders will be willing to gamble with Daewoo Trust?
The meeting lasted until one o'clock in the morning, and Chu Yu was still awake when Xu Xiaoai went down.
"How? Is it serious? β
Xu Xiaoai nodded and rubbed her eyebrows tiredly: "Our company has been preserved by property, and the news will break out tomorrow." β
This is also what Chu Yu didn't expect: "Trust industry, is it such a big risk?" Do you want to think about it again, my previous advice, go home and I'll raise you. β
Xu Xiaoai was sleepy: "You are talking nonsense, now is the time to spend time with the company, how can I leave the company at this stall." β
Chu Yu sighed: "I just don't want you to work so hard. β
Xu Xiaoai hugged his waist and whispered: "If you choose this industry, you have to stick to it to the end." I love trust, the challenge it gives me, and the sense of accomplishment it gives me. β
Chu Yu rubbed the top of Xu Xiaoai's head and said dotingly: "Silly girl, it seems that I only have to support you." β
Early the next morning, Xu Xiaoai, Daniel Zhang, Lu Liang and Zhao Yao, together with the person in charge of the financial calculation, and a vice president of the group, marched towards the supervision.
"Others don't know, and they still think that we are going to the supervision to smash the field?" Lu Liang whispered in Xu Xiaoai's ear.
Zhao Yao glared at him: "You talk a lot, and you don't talk much for a while." β
Lu Liang glared back: "It's what you provoked, and you dare to speak loudly!" β
Since he and Zhao Yao came out of the risky project, the original good buddies have also become enemies who dislike each other.
As long as there is an opportunity, the two will quarrel, although Lu Liang knows that it is a systemic risk in the real estate industry, he still dislikes Zhao Yao very much.
Although Zhao Yao felt guilty, he was also high-minded.
The arrogant person was unwilling to apologize to Lu Liang at all.
In this way, the two of them are like a layer of paste, and they always want to die and never get along, but they have to stick together.
Xu Xiaoai squeezed between the two: "Today, we have to work together to come up with a feasible plan, if the regulator downgrades our rating, then the whole company should not think about it." β
Lu Liang and Zhao Yao rolled their eyes at each other and stopped talking.
After entering the supervision, You Chu and Lin Xin'er's faces turned black, especially You Chu: "My phone was about to burst this morning, all of them were reporters." You have really set a benchmark for me in the trust industry. Today's headline of the trust, if it weren't for you, I would have written it upside down for you. β
Daniel Zhang and a group of people lowered their heads to listen to the scolding, and did not dare to say a word, even Mr. Zhang's own phone was blown up, and he is now directly muted.
Lin Xin'er looked at Xu Xiaoai and his party and hated that iron could not become steel, originally Xu Xiaoai was enough to block her in personal matters, but now she is even more blocked in public affairs.
"Tell me, what's the solution?"
Daniel Zhang was about to speak when He was directly interrupted by You: "Don't say it, Zhao Yao, you say." β
You Chu's eyes flew towards Zhao Yao, the culprit, like a knife.
Zhao Yao glanced at Daniel Zhang and swallowed a mouthful of saliva: "We invited the leaders of the group to solve the problem with us today." β
Before he finished speaking, he received another eye-knife, the vice president of the group was actually forced to participate, and the group did not make any promises to him at all. Error-free updates @
But this sentence successfully turned the attention of You Chu to the vice president of the group: "What is the attitude of the group now?" β
The vice president of the group had to start playing haha: "The group attaches great importance to this matter, and the group does not want to see the risk, after all, it is the most important subsidiary of our group, we still hope that they can find a way to overcome this difficulty, the beneficiary meeting has been held before, and a lot of agreements have been signed, according to the original plan to find a way to chase it back, we think there is still hope." β
The high-sounding words are actually that the group is unwilling to pay for it and is unwilling to take this matter on itself.
You Chu slapped the table: "Then what are you doing today?" β
The vice president of the group complained in his heart: "I don't want to come either, it's not that you forced me to come." β
But where did he dare to say this, so he had to reply: "After all, it is a major matter of the group's subsidiary, of course we have to care." β
You Chu stared at him tightly: "You just care about it verbally, and you don't take some real money out, what kind of benefits will it have for your group company to make such a big negative impact?" βγ