After Mr. Bai died, the Bai family's business was not as good as before.
The Bai family is a jewelry family, but due to poor management and outdated jewelry design concepts, it is not popular and loved by many young consumers.
So as early as more than ten years ago, the Bai family's jewelry business was acquired by Ren's Enterprise, an independent branch in the provincial capital.
The Ren family also has their own gold and jewelry business, but the Bai family's jewelry business is an old brand. Although the design concept is old-fashioned, it has a strong foundation.
Mr. Ren had the idea of acquiring and merging Bai's Jewelry Store more than ten years ago.
Mr. Bai thought about it for a long time and finally agreed to the Ren family's merger plan.
After merging all the jewelry stores he had with Ren's enterprise, Ren introduced many famous jewelry design talents from home and abroad to them.
A novel and eye-catching VI was redesigned for their brand, and the newly launched jewelry was loved by most young ladies on the market.
Not only that, Ren's enterprise also integrates Bai's jewelry into clothing design, bag design, and even home design.
A series of actions by the Ren family brought the Bai family jewelry, which was supposed to be in decline, back to life. The Bai family has also made a lot of money in recent years because of the cooperation with the Ren family.
However, all this changed five years ago when Ren Tingyi, the eldest son of the Ren family, got married and took over the Ren Group.
The lawyer brought the second financing contract and went to the Bai family's door again and again.
At that time, Mr. Bai had passed away for many years, and the Bai family was in the hands of Mrs. Bai and Young Master Bai, an orphan and a widow.
"Mrs. Bai, Young Master Bai, I believe we have explained the second round of financing to you very clearly."
"If you want to keep your current shares and management rights in the jewelry store, you must increase your capital in accordance with the new contract."
"Otherwise... Mr. Ren, as the actual controller of the company, will purchase your shares according to relevant regulations."
"This is the offer our eldest young master makes for you. It's very favorable. You can take a look. The price is much higher than the market price. This is also a price given for the sake of our master and Master Bai's reputation."
Mrs. Bai threw the purchase contract to the ground and said angrily, "Ridiculous! Absurd! Bai's Jewelry was founded by my master and I from scratch. We have poured our entire lives into it."
"You want to take our shares and seize our management rights over Bai's Jewelry? Dream on."
The lawyer was dismissive of Mrs. Bai's anger.
He slowly picked up the acquisition contract from the ground, wiped the dust off the surface of the contract, stroked his gold-wire eye sockets with his hand, and smiled evilly.
"It seems that Madam Bai is not satisfied with our young master's acquisition contract. That has nothing to do with the relationship."
"The second round of financing has been approved by the shareholders' meeting and is inevitable."
"Of course, as long as you can come up with the funds, you can still keep your Bai family's shares and control in the Enterprise Jewelry Store."
"But..." The lawyer's tone was full of relief, and his words were heavy and earnest.
"Once the validity period has passed and you still can't come up with funds to increase the capital."
"Then Madam Bai, I'm truly sorry. Our eldest young master will immediately increase the capital in order to maintain control of the jewelry company. I hope Madam Bai and Young Master Bai can understand."
"Butler! Send him away!"
Mrs. Bai had heard this sharp-tongued lawyer explain this thousands of times, and she didn't want to listen anymore.
So they ordered them to leave.
Mrs. Bai covered her aching forehead, feeling overwhelmed and helpless.
Although the Bai family did make some profits in recent years, the amount of capital increase reached several hundred million, which was something the Bai family could not afford with their entire fortune.
"Go and get the contract for our villa in the compound."
"Mom, are you planning to sell our villa? How can this be possible?"
"This villa is worth at least 200 million yuan."
"But if we sell the villa, where will we live? The jewelry store is the hard work of you and your father, but isn't this family also the hard work of you and your father?"
"Besides, the Ren family's additional capital is 500 million. Even if we sell our villa and all our antiques and jewelry, we still can't make up the difference."
Mrs. Bai was of course very clear about this amount.
"We...we can borrow from relatives and friends, and we can also get a bank loan. We've been established in Province S for so many years, I don't believe we can't get through this."
"But mother..."
Young Master Bai and Madam Bai naturally knew that borrowing from relatives and friends, and loans from banks, were undoubtedly a drop in the bucket.
Even if all of the Bai family’s current assets were sold, it would not be enough to fill the financing needs.
"What are you still standing here for? Go! I told you to go."
Although Young Master Bai was helpless, he could only do as his mother wished. Faced with the current situation, he was powerless.
The news of the Bai family borrowing money from everywhere spread from one person to another, and finally reached Lan Tian's ears.
Lan Tian once invested in a project at Ren's biological research institute, and he knew one or two influential people in Ren's area.
After some inquiries, I understood the current situation of the Bai family.
There are still two days left before the final deadline for financing, and all the calls that can be made and the people that can be contacted have been communicated with countless times.
Everyone in the business world knew that the Bai family was going to increase capital to protect their shares, and they knew that they were in urgent need of money.
The business world is like a battlefield, where there are no eternal enemies and no eternal friends.
Because everyone knew that the Bai family was anxious to sell off their property, the market repeatedly lowered the prices of both real estate and property.
Moreover, with Ren Tingyi putting pressure on the bank, the bank did not dare to lend them too much. They only gave them a few hundred thousand yuan to get rid of them for Mr. Bai's sake.
The Bai family has been forced into a desperate situation.
Late that night, Lan Tian came to the Bai family compound alone with empty hands.
"Today is not a holiday, why is he here? Is he going to laugh at us?"
In the past few days, Mrs. Bai has experienced the fickleness of human nature and became angry for no reason about Lan Tian's arrival.
"Madam, Mr. Lan brought this, please take a look."
The butler next to her handed the check for 500 million yuan to Mrs. Bai.
"This...this...this...this is..." Mrs. Bai was so excited that she couldn't speak.
Although the butler did not hear Mrs. Bai's question, he already understood what she wanted to ask and nodded.
"You read that right, this is a check! And I've verified it, it's a genuine and valid check."
Mrs. Bai held the check, her hands trembling with excitement, and tears streaming down her sides.
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