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Chapter 2594: Terrifying liquidity

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    "The Situ family?"

    When Ye Rui heard these words, her ears immediately stood up, her beautiful big eyes twinkled, and her face was a little flushed with excitement. Perhaps it was Ye Qingxue's strict discipline that stimulated the desire in her heart.  With a rebellious mentality, now that I heard what Ye Qiu and the others were going to say seemed to involve the Situ family, I felt extremely excited.

    Meng Chao didn¡¯t feel anything, after all, he didn¡¯t know much about the five major families yet.

    Seeing Meng Chao's confused look, Ye Qiu explained and said: "Situ family, you can understand it this way, you know the Ye family, and the Situ family is a family that is on par with the Ye family. In China,  There are countless aristocratic families, among which there are currently five most powerful aristocratic families. They are far higher than other aristocratic families and are called the five major aristocratic families. They"

    As Ye Qiu narrated, Meng Chao's mouth gradually grew larger, and finally he was about to stuff an apple into his mouth, with a look of shock on his face.

    Then, this guy suddenly looked at Ye Qiu, and then his body began to tremble.

    Ye Qiu frowned, feeling a little suspicious in his heart. Could this guy be scared?

    Thinking about it, anyone would be scared if an ordinary person suddenly got involved in the affairs of the five major families.

    Ye Qiu thought about it and decided not to let Meng Chao get too involved.

    Just when Ye Qiu was about to say a few words to him, Meng Chao suddenly murmured to himself: "Damn it, I'm going to get rich. My status as the boss doesn't allow me to walk sideways wherever I go."  Already?"

    "Pfft."

    Ye Qiu almost fell down, and his face was covered with black lines. He thought this guy was scared, but it turned out that he was excited.

    It¡¯s a waste of your feelings!

    Zhang Hongfei and the three of them also looked at Meng Chao with the corners of their mouths twitching, but then a smile appeared at the corners of their mouths.

    Although Meng Chao is Ye Qiuxin's younger brother, the three of them still don't have any sense of identity with Meng Chao, but now this guy knows the background of the five major families, and he doesn't feel very scared yet.

    This gave them a sense of identity with Meng Chao.

    "He is indeed the guy that the boss likes."

    Zhang Hongfei and Yehu nodded and said softly.

    "Yeah, as soon as I saw this guy, I knew he was the same kind of person as us." Long Jiu nodded with the same feeling, "After I found out the identity of the boss, I knew that I, Long Jiu, would definitely have a great career.  for one day."

    Zhang Hongfei and Yehu turned their heads and looked at Long Jiu with their mouths wide open.

    Long Jiu asked in confusion: "Why are you looking at me like this? Don't you think so?"

    Immediately afterwards, this guy suddenly felt something was wrong, as if a cold gaze was scanning him.

    "Suddenly I feel a little cold."

    Long Jiu scratched his head.

    Zhang Hongfei and Yehu patted Long Jiu on the shoulder: "Yes, go back and put on some clothes, and eat and drink well. In this world, eating, drinking, having fun, and maintaining a good mood are the most important things."

    "These two guys secretly thought, you idiot, even if you think so, you can't say it like that.

    Didn¡¯t you see that the boss¡¯s eyes were about to pop out of his head?

    ¡°Oh, let¡¯s wait until tomorrow to collect this fool¡¯s body.

    Zhang Hongfei and Yehu looked at Long Jiu with pity.

    Ye Qiu took a few deep breaths. With these bastards, he would be pissed to death sooner or later. He knocked on the table to bring everyone back to their senses, and then said: "Continue to tell me, what's weird about Jiuchongtian Group's situation?"  Is its current capital chain broken?"

    Zhang Hongfei put away his playfulness and said: "Boss, this is what we can't understand. Let's start from the beginning. Jiuchongtian Group's largest business is its retail and manufacturing industries, including supermarkets, furniture, etc."  , fresh food, textile and other businesses, this business accounts for 80% of Jiuchongtian¡¯s overall business.

    However, our investigation found that since a year ago, the retail and manufacturing industries under the Jiuchongtian Group have extended their payment cycles for their upstream raw material suppliers.

    Originally, the payment between them was settled every 3 months, which is also the default settlement cycle in the industry, but now it has been extended from 3 months to 12 months.  "

    Ye Qiu frowned when he heard this and did not speak.

    Meng Chao suddenly said: "Extending the settlement cycle, if a small company, it is estimated that the suppliers have come to collect debts for a long time. Only a large company like Jiuchongtian Group can hold down the payment for such a long time. Those suppliers have not come to collect debts because they feel that Jiuchongtian Group¡¯s credibility  , will definitely not default on their payment.  "

    Zhang Hongfei nodded: "You are right, and some suppliers have been pressed for payment for more than 12 months. For these suppliers, Jiuchongtian Group finally settled the payment, so after other suppliers know  , although I felt that this time was too long, I felt that doing business with Jiuchongtian Group was relatively stable, and I was afraid that Jiuchongtian Group would not cooperate with them, so I did not come to collect debts."

    Meng Chao thought for a while and said: "But the backlog of payment is usually done only after the company's financial problems arise."

    "You are right. According to the information we have investigated, in recent months, Su Bancheng, the second largest jewelry family in the United KingdomGrantham, has invested in a diamond mine in a war-torn area.  As a result, the investment failed and a large amount of money was lost. The loss is estimated to be around 10 billion. The capital chain of Jiuchongtian Group is indeed very tight now."

    Zhang Hongfei said.

    Meng Chao clicked his tongue. The overall value of the company he worked for was tens of millions. After losing so much money, he could have bought as many companies as he wanted.

    Ye Qiu spoke at this time and said: "Since Su Bancheng has lost so much money, Jiuchongtian Group's funds must be very tight. As far as I know, his group company's debt ratio is over 60%, so you  What¡¯s the matter with saying that he has plenty of cash?¡±

    Zhang Hongfei said solemnly: "The problem arises here. According to the statistics compiled by Director Xue of the Provincial City Security Department, the payment for goods collected by Jiuchongtian Group has reached nearly 30 billion."

    Ye Qiu's heart skipped a beat: "Why are there so many? Unless he not only settles the payments for upstream companies, but also has corresponding policies for downstream companies."

    Zhang Hongfei nodded: "Yes, Jiuchongtian Group's downstream companies all adopt the policy of paying first and then getting the goods, settling the goods on the spot, or paying in advance for the next several payments, and they can also get preferential prices, which makes those downstream companies  Companies have invested a lot of money.

    And not only that, now Su Bancheng also plans to borrow 20 billion from the provincial bank. If it can be approved, his liquidity will reach a very terrifying level.  "(Remember the website address: www.hlnovel.com
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