mtl008 Chapter 576: What loan can I get?
Chapter 576: What loan can I get?
"I understand, Mr. Su. I'll go back and make arrangements right away!"
Corning nodded immediately, holding the coupon in his hand, and ran towards Chuncheng Building. This was undoubtedly the last straw that broke the camel's back for Dexin Logistics!
This may not be a fatal blow to Dexin Logistics, but for Dexin Logistics, which is already dying slowly, this will directly accelerate its death.
Almost at the same time, Su Yang asked people to run to the Jitu Express station and purchase a large number of coupons. Anyway, a courier at two yuan per order could directly make Dexin Logistics lose more than five times. By spending more time and energy, Jitu Express's original market would not be affected.
Su Yang hopes that Dexin Logistics will continue to do this kind of good thing that harms others and benefits oneself.
The next morning, at the entrance of many Jitu Express stations, some people who had received coupons sold them directly for two yuan each to Jitu Express employees who had been arranged in advance.
Subsequently, large quantities of junk parcels and express parcels were sent to Dexin Logistics, which then sent them to remote areas one truck at a time.
Originally, in some places, the freight was high and they could not make much money. Now, with so many coupons being distributed, for Jitu Express, the business of two or three yuan, or three or five yuan per order has directly restrained the large-scale transportation capacity of Dexin Logistics.
In order to retain these new users, many packages of old customers who originally cooperated with Dexin Logistics were piled up in warehouses and their transportation was delayed.
In half a month, Dexin Logistics' performance resumed its growth. Although the number of customers did not increase significantly, the volume of cargo exceeded the peak at the beginning of the promotion.
Guan Xiong was indeed happy for a few days when he saw the rising data, and he even slept better.
But when he saw the financial statements, he was stunned. Originally, Jitu Express had a daily loss of 12 million, which was still within his acceptable range. But how come it suddenly soared to 15 million or even 18 million after three days of promotion?
The new financial director who replaced Yu Hao was originally Yu Hao’s deputy.
He was standing next to Guan Xiong's desk, not even daring to breathe.
Guan Xiong held the report in his hand and glared at the newly appointed financial director: "Liu Dahai, there is less than 20 million yuan left in the account?"
"Tell me, where is the money? Where did it go?"
Liu Dahai shrank his neck and said, "Boss Guan, I just took over this business. I have been sorting out the company's accounts for a while. When Boss Yu was here, the operating payments of some outsourcers and franchisees were delayed."
"These people have a good relationship with Mr. Yu. Mr. Yu can discuss it with them..."
"But after Mr. Yu left, these people started to pester me for money, so I had to find a way to pay them!"
"Besides that, the original 60% off promotion was already losing money. You asked the sales department to do everything they could to increase the business volume, so they came up with a batch of coupons!"
"Originally, the daily loss could be maintained at around 10 million, but later on, I don't know why I couldn't stop it..."
Guan Xiong stood up suddenly and grabbed Liu Dahai by the collar.
"Then why didn't you tell me earlier?"
"There's no money in the account. Do you have to wait until I ask you before you tell me?"
Liu Dahai looked aggrieved: "Boss Guan, you fired Boss Yu. He was in charge of these things before. I am only responsible for the accounts within the group. You have to let me get used to it when I take over for the time being!"
"Didn't I just send you the report after it was compiled?"
Guan Xiong raised his hand and slapped Liu Dahai in the face. According to his estimation, there would be at least 100 million left in the company's account. As long as he gritted his teeth and held on, Jitu Express would go bankrupt!
But what should Liu Dahai tell him now?
Tell him that more than 100 million yuan was spent in the account in the past half month, and only less than 20 million yuan is left?
And he is still gloating about his business growth?
If Liu Dahai wasn't here, he really wanted to slap himself in the face!
"What about the business department?"
"What is the business department doing?"
"Tell the director of the business department to come over here!"
Guan Xiong shouted angrily.
Liu Dahai covered his face and clenched his teeth: "Boss Guan, there is no money in the account. Otherwise, let's find a way to get another loan. We are such a big company, we can always pay it back!"
Guan Xiong was trembling all over. He looked at Liu Dahai and took a deep breath.
"loan?"
“What kind of loan?”
"Tell me, what loan can I get?"
"We have mortgaged everything the company can, even my old face!"
"I borrowed 60 million from outside!"
"Tell me now, Dexin Logistics, what else can you lend money for?"
Guan Xiong looked at Liu Dahai in front of him.
Liu Dahai was also shocked. Guan Xiong had never told him or anyone at Dexin Logistics about these things. Except for the former financial director Yu Hao, they had no idea that Guan Xiong had mortgaged Dexin Logistics, let alone that Guan Xiong had borrowed so much money in his personal name.
But now, Dexin Logistics has no ability to repay so much debt!
Guan Xiong looked at Liu Dahai with shock in his eyes. He slowly let go of the hand that was holding Liu Dahai. His eyes were red and he was almost on the verge of collapse.
Liu Dahai looked at Guan Xiong and also felt a little scared: "Boss Guan, think of another way, we must have a way!"
The tears in Guan Xiong's eyes could not stop overflowing. At this moment, he was in tears. He had lived most of his life and half of his body was buried in the ground. He still couldn't understand how he had come to this point.
He turned around, sat on the chair, and his whole body seemed to collapse.
He didn't want to admit defeat, he didn't want to admit defeat, he felt he could still win, but how could he win?
He has been active in the business world of Dongjiang Province for twenty years. Over the years, many people have wanted to push him down and take his place, but no one has succeeded, except Su Yang, Su Yang of Jitu Express!
He sent his daughter to prison, he brought disgrace to Dexin Logistics, and now, he has caused Dexin Logistics to die in the battlefield of price war!
The initial cash reserve was 400 million!
Later, he sold Huatong Express shares for 60 million!
And the 110 million loans and borrowings that followed!
How could a cash flow of more than 500 million yuan be reduced to only 20 million yuan?
He had lofty ambitions and aspirations, and wanted to get Jitu Express out of Chuncheng City and make it completely bankrupt, but in the end, why did everything end up in vain?
He leaned back in his chair and took a deep breath. He looked at Liu Dahai, his eyes no longer having the spirit they once had.
"Notify the sales department to restore the original price..."
"Notify the Human Resources Department and prepare to lay off employees and reduce salaries."
"I'll try to find a way to go to the bank and see if anyone is willing to lend money to Dexin Logistics, even if it's just for my reputation."