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Chapter 1741 The bankrupt vicious female supporting role (24)

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    But even with only these four years of data, artificial intelligence has found a full 23 gigabytes of evidence of illegal behavior from the data of these four years.

    ¡° A few pieces of these pieces of evidence alone are not fatal and may be fined, but Qiao Mu believes that the power of breaking the news together is still terrifying.

    However, in order to determine whether all these evidences could be used and whether they were suitable for posting online, Qiao Mu still looked through them one by one.

    Then the more she looked, the more the corners of her mouth rose.

    She originally thought that given the Mu Group's level of caution, the evidence collected by artificial intelligence would be overwhelming at most and would be difficult to completely eliminate. However, she did not expect that his family had actually buried three pieces of evidence in recent years.  A big thunder can cause serious damage to their family if any one explodes.

    Three of them together, hehe, it¡¯s hard not to die.

    The first one is financial fraud, which includes fraud in many aspects. The first is tax fraud, the second is profit fraud, the third is forging fictitious good data, the fourth is concealing corporate loan rates, and the fifth is corporate bad debt fraud.

    Any one of these five pieces of information can cause corporate turmoil, let alone the five pieces of false information put together and exposed at the same time.

    And this is just the first thunder.

    The second problem is the inventory backlog, and the loan rate of their company has exceeded the warning line many times. Although these two aspects are not illegal in a loose sense, their family is not a private company, they are a listed company, and the listed company conceals  This news is undoubtedly unfair to all small shareholders who hold their shares.

    And these two items are enough to prove that the Mu Group is only bright on the surface, but in fact they are already in a very dangerous situation.

    Their family is far from being as powerful as Qiao Mu originally imagined. The current Mu Group probably looks like a big fat man, but is actually so weak that it might explode if he is poked.

    You know, Mu Group has gradually shifted its focus to real estate projects eight years ago, and now the things that their family has the largest backlog of are naturally real estate.

    If real estate is booming.

    ?Then their inventory is naturally not a problem.

    It can even be considered a hot commodity.

    But five years later, real estate has not been able to maintain its prosperity. Since two years ago, except for first- and second-tier cities, real estate projects have been shrinking in other parts of the country.

    Although Mujia Group has a lot of background, they could not compete for land in first-tier cities with a net worth of only tens of billions five years ago.

    Even in second-tier cities, their families can only compete for small plots of land in remote areas.

    Don¡¯t even think about it in the core areas.

    Even if they get a loan, they can¡¯t afford it.

    This means that their real estate projects can only develop in third-tier, and even fourth- and fifth-tier cities. People in these places who have the ability are basically more willing to buy houses in second-tier or even first-tier cities. Those who have no ability  It is basically a necessity, and it is difficult to buy a second or third set.

    In addition, many people migrate to the north and so on.

    Squeeze to first-tier cities.

    This makes real estate in third- and fourth-tier cities very embarrassing. It cannot go up or down, and it is difficult to sell in first- and second-tier cities as well as in 17th and 18th-tier cities. Naturally, real estate companies cannot get better either.

    Even if housing prices in first- and second-tier cities are already quite high, there are still people willing to squeeze in. I can¡¯t say that I don¡¯t have to worry about selling, but it really doesn¡¯t mean that I can¡¯t sell them. As long as there is a house, the quality is not bad, and the price is not bad.  Reasonable.

    Someone must have taken over.

    Therefore, even if they are real estate speculators, they are more willing to hold real estate in first- and second-tier cities, because the real estate there not only increases in price quickly, but also has stable prices, and it is difficult to fall when the world is stable.

    ? Most people think so.

    Even if housing prices in first- and second-tier cities do not rise, it will be difficult to fall, and they will not lose money no matter what.

    As for housing prices in the 17th and 18th tier cities, it is difficult for them to rise. Basically, at that price, most companies that develop real estate in 17th or 18th tier cities are already mentally prepared to sell slowly.

    So they are really not in a hurry, they sell slowly, and one day they will be able to sell them all.

    Even if they can¡¯t sell all of them, as long as they sell half of them, they will make a lot of money.

    Because the land itself in those places is cheap, so is the labor. Although the selling price is not very high, the cost is not high either.

    But what about third- and fourth-tier cities?

    Just notIf you want to go up, the housing prices will not be as good as those in first- and second-tier cities, but you are not willing to be much lower than those in first- and second-tier cities, and you are not willing to make your prices as low as those in 17th or 18th tier cities. If someone wants  If you spend 30,000 yuan per square meter to buy a house in a third-tier or fourth-tier city, then why wouldn't someone want to scrape up more and spend 35,000 or 40,000 yuan to buy a house in a second-tier city, or even in some remote areas of a first-tier city?

    The appreciation space in remote areas of first-tier cities is much higher than that in areas with the same price in third-tier cities.

    This is the dilemma of many mid-range cities.

    This dilemma directly leads to the similar dilemma of real estate companies developing in these cities.

    It is precisely for these reasons that after three years of crazy expansion, Mu Group's real estate projects have gradually fallen into trouble, unable to sell, and may be talked about for significant price reductions.

    The inventory of houses is backlogged.

    This is just an inventory problem. No matter how overstocked the inventory is, it can be considered a fixed asset, and a high loan rate will make his family¡¯s real enemy.

    Currently, their family¡¯s total assets are around 80 billion, but their total bank loans have exceeded 50 billion.

    This ratio has long exceeded the safe value, and the level of danger is no worse than the level of danger faced by the Qin Group back then. Under this situation, just a slight explosion in their family may be like the last straw that breaks the camel's back.

    It made his family completely bankrupt and wiped out.

    These are just the second mine.

    And the third mine is the mine that is likely to completely bury their family. It is under the piece of land that his family spent a huge sum of money to buy last year.

    A group of ancient tombs from the Han Dynasty were excavated.

    However, Mu Chunfeng and some of his family's hidden forces went to great lengths to hide the news. They also hollowed out the contents of the ancient tombs and completely destroyed the traces, so as not to affect the property.  development.

    Except for this part of the information.

    Qiao Mu also saw in the information found by artificial intelligence that Mu Chunfeng was trying his best to contact overseas collectors and wanted to resell the things he dug out from those Han tombs. He hoped to use the funds obtained from reselling those things to barely fill his own house.  The tens of billions of loans owed to banks.

    Some of the above behaviors may not be considered illegal in a loose sense, or they may not be very serious.

    But robbing a tomb, or even trying to buy or sell a tomb after robbing it, is an absolute felony.

    Once this thunder explodes.

    It will definitely trigger a chain reaction.

    ¡°Perhaps, the entire Mu Group will collapse in an instant like dominoes.  (Remember the website address: www.hlnovel.com
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