The smooth start in 1997 made Yuan Fangguo feel that his life seemed to be on a smooth road. Sometimes he even dreamed that it would not take long for him to break out of Bashu and go across the country, and in just a few years he would become the richest man in Bashu Province or even in China.
However, in mid-April, the collection time in the North China region became longer and longer, causing the company's circulating funds to become less and less.
When thinking of “cash is king”, Yuan Fangguo immediately thought of the financial crisis that swept across most of Asia in July 1997.
The collection rate and the financial crisis seem to have nothing to do with each other, but in reality, they are definitely related. Once the capital chain is broken, it will be quite difficult to get a loan from a bank.
In response to these two issues, Yuan Fangguo first contacted Song Yide. With the beautiful financial statements of last year and the first quarter of this year, and continued to give Song Yide benefits, Song Yide promised to lend him another 100 million yuan within a month.
In view of the actual situation that the collection period in North China is relatively long, Yuan Fangguo asked Zhao Yong to fly to North China specifically to find out what is going on.
Zhao Yong flew to North China with the mission, and flew back just two days later.
"The sales target there is a bit tight this year," Zhao Yong said. "The north is mostly plains, and compared to the south, which is more mountainous, they prefer to use farm vehicles instead of motorcycles."
"Have you personally visited the various sellers?" Yuan Fangguo seemed a little unconvinced. This year's sales task was not linked to this month's payment. The real link was the batch of goods organized from LZ Port at the end of last year. According to the requirements, the payment for that batch of goods should have been received.
"I went to see, there is a lot of backlog of goods this year." Zhao Yong was indeed taken by Yang Baolong to various dealers including their warehouses to see, instead of making up stories to fool Yuan Fangguo.
"They have imported a total of 20,000 motorcycles in the past few months. It is true that they have inventory, but the sales volume is definitely 10,000. Based on the sales price of 2,000 yuan per motorcycle, we have a total sales revenue of at least 20 million yuan. However, we have only received 5 million yuan at the moment, and the remaining 15 million yuan in sales revenue is piled up with the dealers. This is a very abnormal phenomenon." Yuan Fangguo patiently analyzed to Zhao Yong.
"Mr. Yuan, I really haven't found anything abnormal from Yang Baolong." Zhao Yong said a little embarrassedly.
"Will he tell you he's abnormal?" Yuan Fangguo sneered. "Yang Baolong was very positive last year, but this year he's suddenly become quite negative. I have a feeling there's something wrong."
"What's the problem?" Zhao Yong was still confused.
"It's about the 15 million in sales proceeds."
"Or I'll fly again
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