Great Power Technology - #618 - Chapter 608 Ending

Port city.

In the office, Liu Sen’s hair was messy and his beard was unkempt. After returning from Shencheng, he had locked himself in the office for three full days.

During these three days, he frantically checked various information and made countless phone calls, trying to grasp the life-saving straw that might not exist.

But obviously, he failed.

Just now, he made his last cross-border phone call, and a bank in a small, wealthy country in the Middle East also rejected his application – and the funds he wanted were actually only 6 billion!

Six billion, this amount of funds, if placed two months ago, countless banks would have swooped on him like flies that smelled fishy smell, scrambling to deliver the money to him.

This is not an exaggeration. He still remembers that once, he accidentally disclosed his financing needs at a cocktail party. That night, a sum of funds from an unknown source was directly transferred into his personal account.

At the time, he was both amused and found it absurd. Later, after investigation, he discovered that the remitter was a prince in the Middle East.

He did not accept the money, but now, he desperately wished that he had accepted the money.

In this way, he can at least establish a not-so-deep connection with the prince, and he can have one more chance in the current crisis.

Even if it’s just an opportunity, it’s precious enough to him.

Liu Sen sighed heavily. He had never thought that the business empire that he and his fathers had finally built would collapse so quickly.

Yes, he still has a large number of businesses running normally, but his most important personal terminal business has almost been cut off from all avenues of survival.

Two weeks later, the group has 16 billion long-term and short-term bank debts due. The relevant banks have sent him a risk reminder. If the repayment cannot be made on time this time, the bank will immediately initiate emergency procedures. In other words, he will face Allegations of serious credit default.

At that time, the company’s assets as collateral will also be repossessed by the bank.

A single move can affect the whole body. At this point in time, breach of contract is equal to death.

He has used all his resources and even sold two villas at low prices, but the amount of funds on hand now, after paying the current expenses, is still short of 6 billion.

Clearances, fire sales, payment pressures, applying for extensions from banks, and even delayed payment of employee wages, but there are always still a few billions left.

Of course he knew that this 16 billion non-extendable and non-reconfigurable debt was definitely calculated with precision. His opponent calculated the upper limit of the cash flow he held and formulated this combination.

But what can I do?

There was no way to dodge, so I had to bite the bullet and eat it.

Liu Sen felt that his lips were a little bitter. He suddenly understood that no matter how hard he tried, he could not meet the bank’s requirements, because once he detected an increase in his cash flow, a new bank would immediately jump out and demand repayment. payment.

This is an endless loop, and there is no way to break it, because their game is one after another.

He slumped down on the chair and quietly looked at the post-modern sculpture in the office that he was tired of looking at. He vaguely felt that these decades of experience were like a dream.

Ever since he took over the company, he had always thought that he was doing the right thing. He had always thought that he was just a businessman and that there was nothing wrong with pursuing profits. But at this moment when the building was about to collapse, he suddenly felt that “people are about to die.” It feels like a revolving door.

The conversation with Iverson that day echoed in his ears again.

“Don’t you really think that the Liu family’s recognition is declining?”

Yes, how can the Liu family’s recognition be evaluated by market share? How could I be so arrogant and arrogant at that time and say “I don’t think so” to Iverson?

In 2006, during the Flying Wire Gate incident, the Liu family recalled all computers in the world that had problems – except for China.

In 2008, due to the screen door incident, the Chinese version of Y430 used all inferior screens.

In 2011, the flash screen incident occurred twice, and all computers with problems except Huaxia were replaced.

In 2015, the price difference between domestic and foreign prices caused public outrage. We explained that the price difference of notebooks was due to value-added tax. However, at that time, the price difference between domestic and foreign prices reached as high as 47.46%, while the value-added tax was only 17%.

In 2015, for the third time, the Broken Axis Gate incident occurred. It was announced that the Y50 short axis was replaceable globally except for China.

2016, 5G voting event.

In XX, Xiancere Pharmaceuticals.

In XX, taxi-hailing software was illegally launched on the market, and soon fell into a data leakage crisis…

Aren’t the sum of these things enough to constitute the result of “decreased recognition”?

No, the “recognition” Iverson mentioned is definitely not just the recognition from consumers, but of course also includes the recognition from the Chinese official.

They are the most sober people.

In the past, they had always controlled and used the Liu family, but in fact they were just pursuing profits. When they discovered that the Liu family had embarked on an unprofitable path, they immediately let go and fled.

This is a smart businessman.

Liu Sen sighed again, he regretted it.

It’s not that I regret how many wrong things I did, but that I misread the situation from the beginning.

If we had known that China could gain such power, who would have become the dog of the ugly country?

He smiled bitterly, picked up the wine glass on the table and drank it in one gulp.

Then, he pushed open the door of his office. The secretary who had been waiting outside was startled by his haggard look and quickly asked:

“Mr. Liu, are you okay?”

Liu Sen shook his head and replied:

“I’m fine. Help me convene the shareholders’ meeting. There are important things to announce.”

Looking at Liu Sen’s shaky figure, the secretary asked hesitantly:

“Now? Do you want to go and rest first…”

“No, just do it now.”

Liu Sen interrupted him and then added:

“There will be plenty of time to rest from now on.”

…

Two weeks later, the Liu family filed for bankruptcy with several major companies under the group, established a bankruptcy liquidation team, notified creditors, and made announcements in major newspapers and media.

As soon as the news came out, the whole world was shocked.

No one could have imagined that a once giant group would collapse so quickly. Even the Chou Country, which had known the inside story for a long time, was surprised.

The public’s reaction was somewhat intriguing.

On the Internet, many netizens, either stupid or bad, went to the Liu family’s official account to light candles in memory of this former giant.

But on the intranet, the comment section of the Liu family’s official account was filled with gongs and drums, and firecrackers were blasting.

Ye Zhou and Chen Hao, who were far away in Chengdu, sat opposite each other with a cup of tea in front of them, marking the end of the siege.

“How many times do we have to do this kind of thing again?”

Ye Zhou suddenly asked.

Chen Hao shook his head and replied:

“I have no idea.”

“Interest groups like the Liu family will always appear. This is an objective fact that cannot be changed – even things worse than them will continue to emerge.”

“However, I have absolute confidence that as long as our organization is still there, if something like this comes up, we will fight it.”

“One day, the soil that breeds these things will be completely cleaned out.”

“I think that day is not far away.”