Chapter 158 Difficult Choice
Chapter 158 Difficult Choice
Yan Jin hung up the phone, but the office didn't feel much more relaxed. A sense of depression filled the air. The financial director's expression was like the sky covered with dark clouds, so heavy that it seemed like it was going to rain in the next second.
"Mr. Xiang, Mr. Yan, the situation is not optimistic." The financial director said in a low voice, placing a financial report on the table, "We have been maliciously suppressed by our competitors, and several cooperative banks have delayed loan approvals. I'm afraid our capital chain...can't hold out for much longer."
"How could this happen?" Xiang Yu frowned and looked through the report, his face gradually becoming gloomier.
Yan Jin also had a solemn expression, tapping the table with his fingers, making a crisp sound. They all knew that this was not just a funding issue, but also a malicious attack on their company.
The financial director pushed up his glasses, his eyes behind the lenses revealing a hint of helplessness, "The only way now is probably..." He paused, as if he couldn't speak, "to lay off employees on a large scale and reduce expenses in order to barely maintain the normal operation of the company."
"Layoffs?" Xiang Yu raised his head suddenly, a sharp look flashed in his eyes, "How many people?"
"According to preliminary estimates, at least 30%." The CFO's voice was soft, but it was like a heavy hammer hitting Xiang Yu and Yan Jin's hearts.
30%, which means that nearly one-third of the company's employees will face unemployment, and the livelihoods of countless families will be in trouble.
"No, absolutely not!" Yan Jin refused without even thinking, and said firmly, "We can't sacrifice the interests of our employees to save the company!"
"But..." The financial director wanted to persuade him further, but was interrupted by Xiang Yu.
He stood up, walked to the French window, and overlooked the city with a deep and complicated look. He knew that layoffs might be the most direct and effective way at present, but he could not abandon the employees who worked hard for the company.
"There must be another way." Xiang Yu's voice was low but firm.
Yan Jin also stood beside him and looked at him firmly, "Yes, let's think about it again, there must be other ways."
Just then, Yan Jin's cell phone rang. She glanced at the caller ID, answered the call, and put it to her ear.
"Hello, Mr. Wang..."
As the voice from the other end of the phone came, Yan Jin's expression became more and more solemn, and the hand holding the phone tightened unconsciously.
"I understand." After a moment, she hung up the phone calmly, but the look in her eyes became extremely complicated.
"What's wrong?" Xiang Yu noticed her abnormality and asked.
Yan Jin took a deep breath, turned to look at him, a trace of determination flashed in his eyes, "I do have a way, maybe it can solve the current crisis, but..."
She paused and didn't continue, but the heaviness in her tone said it all.
"What method?" Xiang Yu looked at Yan Jin, feeling a little uneasy. He could sense that this method would inevitably come with a huge price.
Yan Jin took a deep breath and said slowly: "I still have some shares of Yan's that can be used as collateral for collateral. In addition... we can consider selling some assets to raise funds."
"Selling assets?" Xiang Yu's face changed slightly. He knew what the assets Yan Jin was talking about meant. They were not just cold numbers, but also the hard work they had put in over the years.
"No, absolutely not!" Xiang Yu refused without even thinking about it, his tone firm, "Those are the company's core businesses, how can they be sold so easily?"
Yan Jin had expected this reaction from him. She walked to the desk, picked up a document and handed it to him. "I know this is hard to accept, but this is the only way at the moment. I have contacted several interested buyers, and this is their preliminary offer."
Xiang Yu took the document but did not look at it. He was silent for a long time before he slowly spoke, "Is there no other way?"
"No." Yan Jin's tone was calm, but with unquestionable firmness, "Layoffs are the worst option. I will never agree to it unless it is absolutely necessary. Although selling assets will cause us to lose some market share, it can at least preserve the foundation of the company and keep the jobs of our employees."
Xiang Yu knew that Yan Jin was right, but his heart was still full of struggle and reluctance. He walked to the French window, looking at the busy city outside the window, and the scene of the company's founding emerged in his mind. At that time, they had nothing, and they achieved today's achievements with their passion and fighting spirit.
"If...if we sell these assets, can we get them back?" Xiang Yu's voice was a little hoarse, with a hint of unwillingness and hope.
Yan Jin walked up to him and gently held his hand, her eyes firm and gentle, "Yes, I believe, as long as we work together, we can overcome this difficulty and take back everything we have lost."
Xiang Yu turned his head and looked at Yan Jin. Her eyes were so firm, as if all the difficulties were insignificant in front of her. He took a deep breath and finally made a decision, "Okay, let's do as you say and face it together."
A relieved smile appeared on Yan Jin's face. She knew that Xiang Yu finally understood her good intentions.
"I will contact the relevant departments as soon as possible and start preparing for the sale of assets." Yan Jin said, turned around and picked up the documents on the table. Just as he was about to leave, he was stopped by Xiang Yu.
"and many more."
Yan Jin looked back in confusion, "What's wrong?"
Xiang Yu walked up to her and looked at her deeply, "Thank you, Yan Jin."
Yan Jin was stunned for a moment, then smiled and shook her head, "We are husband and wife, there is no need to thank me."
However, the bitterness in her eyes did not escape Xiang Yu's eyes. Yan Jin's decision was like a bombshell dropped inside the company, causing uproar among the employees. Rumors spread rapidly like a virus, and people were panicking. An atmosphere of uneasiness permeated the company, even affecting normal operations.
"Mr. Xiang, this document requires your signature." The secretary's voice trembled slightly, as if she was afraid of angering this usually gentle leader.
Xiang Yu rubbed his tired brows, took the document, and scanned the terms on it. Every word was like a heavy burden on his heart. He knew what selling assets meant. It meant that years of hard work would go to waste, that the company would face the risk of restructuring, and more importantly... he had failed Yan Jin's painstaking efforts.
"I understand. You can go out first." Xiang Yu's voice was low and hoarse, revealing an undisguised fatigue.
After the secretary left, Xiang Yu leaned back in his chair weakly and closed his eyes. Yan Jin's firm eyes and gentle words kept appearing in his mind. He knew that everything Yan Jin did was for the company and for him. But he could only watch her bear the huge pressure alone and was powerless.
At the same time, Yan Jin was also working hard for the company's future. She contacted a number of investment institutions and potential acquirers, trying to get the most favorable conditions for the company. However, the business world is like a battlefield. After learning that Xiang's Group was in trouble, competitors not only did not lend a hand, but instead took advantage of the situation and tried to acquire the company's core assets at a very low price.
"Mr. Yan, this is our last bottom line. If you don't agree, we can only give up this acquisition." A middle-aged man in a suit and tie said arrogantly on the opposite side, with greed flashing in his eyes.
Yan Jin suppressed the anger in her heart and looked at him coldly, "Boss Wang, you should know how important these assets are to our company. Your offer is really insincere."
"Boss Yan, the business world is like a battlefield, and we have to consider risks and rewards." Boss Wang smiled disapprovingly, "It's an open secret that your company's funding chain is broken. We are willing to take action at this time, which is already a big risk. Don't you agree?"
Yan Jin took a deep breath and tried to control her emotions. She knew that now was not the time to act on impulse. She had to stay calm and strive for the greatest benefit for the company. She put down the documents in her hand, stared at Mr. Wang sharply, and said word by word: "Mr. Wang, what you said makes sense, but..."
Her tone suddenly turned cold, and a cold light flashed in her eyes, "You seem to have forgotten one thing..."
"You seem to have forgotten one thing," Yan Jin's voice was as cold as ice, and his sharp eyes seemed to be able to see through everything, "your company's overseas investment projects last quarter did not seem to go as smoothly as expected."
Mr. Wang's face changed slightly, and the greed in his eyes was replaced by a trace of panic. Yan Jin's words hit his sore spot. The overseas project had always been a concern for him. Due to wrong decisions, the company suffered heavy losses and was still struggling.
Yan Jin did not give him much time to breathe, and continued: "I know you are eager to make this acquisition in order to quickly recover funds and fill the deficit of overseas projects. But do you think that this price can really solve your problem?"
Mr. Wang was silent. He had to admit that what Yan Jin said was true. His offer seemed tempting, but in fact it was taking advantage of the situation and could not make up for the losses of overseas projects.
"I can give you a more reasonable offer," Yan Jin said in a more relaxed tone, but with an unquestionable firmness, "but the premise is that you must guarantee that this acquisition will not affect the normal operation of our company."
Mr. Wang hesitated for a moment, but finally nodded. He knew that Yan Jin had seen through his cards, and continuing to pester him would only make him more passive.
Finally, after some difficult negotiations, Yan Jin successfully sold part of the company's non-core assets to Mr. Wang at a relatively reasonable price. Although this transaction could not completely solve the company's financial crisis, it bought them a certain breathing space.
At the same time, Xiang Yu was also actively looking for solutions. He contacted the company's financial advisor, carefully analyzed the company's financial situation, and formulated a series of measures to increase revenue and reduce expenditure.
"Mr. Xiang, according to our current analysis, the company will need at least 50 million in funds to survive this crisis." The financial advisor said in a serious tone.
Xiang Yu frowned. Fifty million was undoubtedly an astronomical figure for the current Xiang Group.
"I understand. I will try my best to find a solution." Xiang Yu's voice was tired, but it could not conceal his determination.
He and Yan Jin both knew that this was a difficult battle, but they never thought of giving up. They supported each other and faced the baptism of the storm together.
Just when the company's funds were about to run out, Xiang Yu's phone suddenly rang and an unfamiliar number appeared on the screen...
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