Chapter 422 Financing Failure



Tianhong Investment mainly focuses on issuing funds to external parties, and then investing the funds raised in the stock market, futures, etc. The issuance of funds requires a guarantee company.

Upon hearing Mr. Chen's words, the board of directors of Tianhong Investment was almost paralyzed with fear, wondering how Jiafeng Electronics had offended Mr. Chen.

Without giving it much thought, they immediately called a halt to the cooperation between the two parties.

Jiafeng Electronics' team was completely baffled, not knowing what had happened. They made several phone calls, but the other party simply said they would not contact them again and told them to find someone else.

The team leader made many calls, and finally found a vice president. After spending some money, the vice president relented and said that their upstream company had called to prohibit investment in Jiafeng Electronics.

After the other party mentioned the company name, the team leader felt even more wronged. She had never heard of the company before, and to her knowledge, Jiafeng Electronics had never had any dealings with it.

It was already 8 p.m. Li Fang and several people from Tianhong Investment finished their dinner and left the restaurant. The last glimmer of hope was extinguished during the meal. According to the people from Tianhong Company, if they invested in Jiafeng Electronics, Tianhong Investment would go bankrupt.

As they left the restaurant, one of the managers quietly said something to Li Fang.

"You should go back and think carefully about who you've offended!"

Who did you offend?

She really couldn't say anything about it, and immediately reported it to the finance manager after returning to the hotel.

The finance manager called Lu Feng a few days ago to assure Lu Feng and Zhang Fengxia that the matter was a done deal. The finance people are always efficient, unlike the team sent out by the marketing department, who couldn't even close a deal with a new factory and needed President Lu to go there in person.

He contradicted himself just a few days after saying that.

The finance manager didn't want to report it and told Li Fang to try harder. Li Fang said she couldn't try anymore, and the other party made it very clear that they weren't even answering the phone anymore.

"It's almost November, and then it's the end of the year. The promised financing is in place, this is going to be a disaster."

The finance manager was so anxious he was scratching his head. At this point, he had no choice but to report the truth. Zhang Fengxia was also shocked when she received the news. Lu Feng had already started making plans for next year based on the financing situation.

If the financing fails, Jiafeng Electronics' plans for next year will be completely disrupted, including the expansion of the R&D company, the listing of small home appliances, and a series of other things.

"What you told me is fine. I've already told President Lu. He shouldn't be asleep at this hour. Call him. I don't want to get yelled at." Zhang Fengxia said irritably, "You always make me take the blame!"

"Mr. Zhang, I don't know what's going on. People say we've offended someone and this is deliberate sabotage. I don't dare call Mr. Lu now. He might not dare fire you, but he could really fire me outright," the finance manager pleaded.

This matter was so big that Zhang Fengxia wasn't even sure if she would be fired.

If the financing fails, Jiafeng Electronics' plans for next year will completely collapse, and it is very likely that it will really never recover. She knows how much effort Lu Feng has put into the planning for next year.

They're busy setting up a new factory and expanding production, and also busy reorganizing the company!

Zhang Fengxia had a good relationship with the finance manager, and given the finance manager's crucial position in the company, she sighed and agreed.

Around 9 p.m., Lu Feng sat on the sofa watching TV, holding Jiang Xiaoyan in his left arm and Duo Duo in his right. The three of them squeezed together to watch a TV series called "A Native of Beijing in New York".

The phone on the table rang. Jiang Xiaoyan clicked her tongue, clearly annoyed that the call had disturbed the whole family's TV viewing.

"Who is it in the middle of the night?!"

Jiang Xiaoyan stood up and walked over as she spoke, answering the phone and asking, "Who is it?"

"Sister Xiaoyan? It's me, Fengxia!" Zhang Fengxia exclaimed happily.

"Fengxia, why are you calling at this hour? Are you still at get off work?" Jiang Xiaoyan said, turning her head to wink at Lu Feng and whispering, "It's Fengxia calling, she's probably looking for you."

"I'm off work now. Um... is Mr. Lu here? I need to talk to him about something urgent."

“He’s here. I’ll ask him to answer the phone.” Jiang Xiaoyan waved to Lu Feng.

Lu Feng pulled the mop out from under the coffee table with his foot, put on his shoes, walked over, picked up the phone, and asked, "What's up?"

"Mr. Lu, I have some bad news for you. Make it clear first, don't get angry." Zhang Fengxia said with a smile, "Is Sister Xiaoyan here? You can be my witness, don't get angry, and don't swear."

“How could he possibly curse at you? Just tell me what’s wrong!” Jiang Xiaoyan teased from the side, “If he curses at you, I’ll beat him up for you. Don’t worry, I’ll stand up for you.”

Lu Feng's expression had turned grim, and a bad premonition was gripping his heart.

"What is it? Speak quickly!" Lu Feng said coldly.

Jiang Xiaoyan reached out and patted him, saying, "Are you used to being a boss? It's not working hours now. People are very tired every day, so be more understanding."

"Hehehe, well... there's been a bit of a problem in Hong Kong. The company we were planning to invest in isn't too keen on it."

If it were just a matter of dissatisfaction with the terms, the message would never have reached Zhang Fengxia. The negotiating team would have continued the talks, and Lu Feng would already know that he had agreed, and the financing deal would have fallen through.

"Didn't you say you were willing to invest 300 million just a few days ago? How come it suddenly fell through? Or were all those good news announcements just lies? And now you can't hide it anymore?" Lu Feng questioned.

"You knew it was a flop? You even guessed it!"

"When problems arise, we need to face them squarely and seek solutions, not call me and try to be clever," Lu Feng said in a deep voice. "What exactly is the reason? Whose fault is it?"

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