That's absolutely terrifying!
After a month, the revenue must have exceeded 100 million!
This is outrageous!
I was actually hoping to lose money!
So you made a fortune again?
[Ding! You've incurred a loss of 510 million yuan by distributing bonuses and hosting celebration banquets for company employees! Now, we're giving you a tenfold refund!]
[Ding! 5.1 billion yuan has been deposited into your private account!]
You currently possess assets of 7.218 billion yuan.
Upon hearing the system notification, Lu Yiming exclaimed that he felt incredibly satisfied.
If it weren't for the fear that these dim-witted employees would donate their bonuses back, Lu Yiming would have liked to give away all the money he earned as bonuses!
"By the way! How's it going with the 5 billion you asked me to raise yesterday?" Lu Yiming asked hurriedly.
"We've raised the full 5 billion," Mu Xia said.
"As you instructed, I sold some shares in other companies."
In addition to the 800 million from private equity funds and the 3.126 billion earned from the stock market, minus the 500 million in bonuses paid to employees.
They've raised the 5 billion.
This is what Lu Yiming admires most about Mu Xia.
High efficiency!
Things that can be done in one day will never be left until the next day.
"How's the contact with the developer going?" Lu Yiming asked again.
"I contacted the officials and the developer yesterday."
The developer's owner has now fled, and the developer has entered bankruptcy liquidation.
Now, all matters concerning the developer are handled by a creditors' meeting composed of creditors.
The official suggestion is that we first meet with representatives from the creditors' meeting to exchange views.
"But I feel it won't be that easy," Mu Xia said with some worry.
I checked.
This property once sold for a record-breaking price of over 80,000 yuan per square meter.
The total market value is nearly 7.8 billion!
Because it remained unfinished for so many years, housing prices plummeted, and its current market value is around 2.2 billion yuan.
The problem is, the developer mortgaged this property development to secure a loan of 11.6 billion yuan!
"What! How much? More than 10 billion!" Lu Yiming was dumbfounded.
"Holy crap! How could that damn developer owe so much money?"
"Yes, if we can't pay off these mortgages, then even if we buy this property, it's all for naught."
Sooner or later, these creditors will use it as collateral for auction, and then we'll have gained nothing.
That's why the authorities asked us to discuss a solution with the creditors' meeting.
Lu Yiming was dumbfounded.
No wonder no one is willing to take over.
How could such a huge hole possibly be filled?
To throw away over 10 billion yuan for a property worth 2.2 billion yuan? Even a fool wouldn't do something like that!
“Actually, both the authorities and the creditors’ meeting want us to take over,” Mu Xia explained further.
"For creditors, if no one takes over the house, they will not get a penny in the end."
Even if it's put up for auction, no one will be willing to bid, and it's very likely to end up unsold.
For the authorities, someone needs to take over in order to stabilize the owners who bought these unfinished buildings.
Therefore, there should be some price reduction.
Hearing this, Lu Yiming understood.
"Mu Xia, help me contact those creditors. I'm going to meet with them today!"
...
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