Game within game: chess player
Chapter 166 The Qin family’s dilemma
Ye Fang's action of throwing newspapers was performed in countless places in the capital. The next day, it was rumored that senior officials were angry about the transfer of foreign investment from Texas Instruments. This incident even became a topic of conversation among taxi drivers in the capital. Suddenly, everyone in Qin's company Shout out.
However, the more important news is that many companies in Beijing, led by the Ye Group, have launched an attack on Qin Enterprises. They openly asked Qin Enterprises to terminate the share sale plan, but secretly cut off all cooperation channels and supply chains of Qin Enterprises.
When Ye Fang originally issued a notice to Qin's cooperative companies, some companies did not take it seriously, and some had never even heard of the name of the Ye Group, and did not take the warning of the Ye Group seriously.
But when the domestic negative public opinion on Qin's enterprises became almost one-sided, and when these enterprises began to cut off cooperation with Qin's enterprises, Qin Yulong began to really panic.
Now Qin Yulong feels that the [-] million acquisition funds in his hand are a hot potato. It is neither keeping it nor returning it. MK Company kept urging Qin Yulong to handle the transfer of equity, but Qin Yulong found various reasons to shirk it, which made Kelly very angry. Kelly even directly threatened Qin Yulong that if she unilaterally terminated the agreement, she would have to return the [-] million acquisition fund, and even pay MK Company a huge amount of liquidated damages of up to [-] million.
Once Qin's enterprise takes out these [-] million in funds, it will be on the verge of bankruptcy in an instant.
All members of Xiyuan received a ban notice against Qin's enterprise. This order was no less than a pursuit order in ancient times, which completely pushed Xiyuan to the leading position in the business world. Even the Chang'an Club, which has many powerful corporate members, has never issued a kill order to any company, because once such a kill order is issued, it means that the company being killed is about to end, losing all cooperative companies and shipments. Channels, the demise of enterprises is just a matter of time.
Moreover, once a club issues notices and initiatives like this, it is very easy for senior leaders to question the true intention of establishing such a private membership organization, whether it can be considered that a certain commercial monopoly has actually been formed, and whether the right to speak of this commercial monopoly is It will influence the introduction of relevant national policies.
I am not afraid of left and right, but I am most afraid of confrontation. Once the officials have such an illusion, they will easily be suppressed by the officials.
Fortunately, Qin's company has aroused public outrage. Strictly speaking, Dezhou Instruments is not an industry that is prohibited from foreign investment. What's more, MK Company's shares do not exceed 50.00%, but in fact it has constituted the largest potential future of Dezhou Instruments. A single shareholder can exercise actual control over Texas Instruments.
It would be fine if it was an ordinary company, but Texas Instruments is one of the important companies on the military's clear list, which has to make officials doubt the true intentions of MK Company, especially since Texas Instruments possesses cutting-edge technology in high-end instrument manufacturing. It made the military very uneasy.
Now that Ye Fang is taking the lead in exerting pressure on Qin's enterprise, it complies with public opinion and coincides with the inner thoughts of senior leaders, so the official government acquiesces to Ye Fang's initiative.
In just three days, on the first day of the new year, all business partners of Qin's company unilaterally terminated their cooperation. If Qin's enterprise owes money to other enterprises, all enterprises will be required to repay it within a time limit. If Qin's enterprise cannot repay within the time limit, Qin's enterprise will face a large number of lawsuits.
Those outside who had outstanding debts to Qin's Enterprise refused to pay. Everyone was waiting for Qin's Enterprise to go bankrupt. Almost everyone in the industry believed that the collapse of Qin's Enterprise was just a matter of time.
On the first day of 2000, Qin Yulong, who was full of tears, took the initiative to visit Ye Fang, but was rejected.
Qin Yulong had no choice but to fly directly to Binhai to find Qin Yuhua. Qin Yuhua only said, "I have done my best to the Qin family. The Qin family's enterprise is entirely to blame for what it is today." He directly blocked Qin Yulong from the door, and even the Lin family No one was allowed to enter the house.
Qin Yulong returned from Binhai without success and went to find Kelly from MK, hoping to terminate the acquisition plan.
Kelly's answer was straightforward. There was no problem in terminating it. With [-] million acquisition funds plus [-] million liquidated damages, the acquisition contract could be terminated at any time.
The problem is where Qin Yulong has [-] million now. Even those [-] million have already been repaid by Qin Yulong as a bank loan. If he had known that this would be the outcome, Qin Yulong would definitely not have repaid the bank loan. At least this matter can still be done. There is room for buffering, but now Qin's enterprise has reached the end of its rope.
The descendants of the entire Qin family were in complete chaos. As the eldest son of the family, Qin Yulong had no choice but to visit the bosses of each family one by one, hoping that they could speak to the Qin family. Even Mr. Hai and Mr. Ma, these big guys who could talk to Ye Fang could mediate the matter, but without exception, they all got rejected.
Qin Yulong's hair turned white overnight, and he seemed to have aged more than ten years. He didn't understand why Ye Fang could make the company he had cooperated with for many years obey his orders, cut off all supply chains of his company in just a few days, and push his company to the brink of bankruptcy.
In the end, Qin Yulong had no choice but to hold a family meeting within the clan to discuss the future direction of Qin's enterprise. Now Qin's Enterprise, let alone transferring it at a low price, is giving it to others for free and no one wants it. Once it is taken over, it will face a huge expenditure of [-] million, and there is no guarantee whether Qin's Enterprise's cooperative supply chain can be restored.
Now it seems that there is only one way before Qin Yulong, and that is to go bankrupt directly. As soon as they heard this word, all the descendants of the Qin family fell silent. Hundreds of people from the direct and collateral lines of the Qin family were like parasitic leeches lying on the bottom of Qin's large and small companies drinking blood. Now the big ship of Qin's enterprise has grown to thousands of people. It is riddled with holes and could collapse at any time.
"How about I go ask my sister-in-law." Qin Yulong's son Qin Maojun said, "The only one who can save the Qin family now is my sister-in-law."
"Okay, Xiaojun, then get up and go to Binhai quickly. As long as your sister-in-law agrees to save the Qin family, we can agree to any conditions." Qin Yulong said loudly.
"Okay! Let me make something clear in advance. At this moment of life and death for the Qin family, you must accept the result no matter what, otherwise I would rather quit the Qin family and no longer deal with family affairs." Qin Maojun said loudly.
Qin Yulong glared at the Qin clan members and said coldly, "Do you agree or not?"
People in the clan and Qin Yulong's generation all looked at each other and nodded in agreement.
Qin Maojun immediately set off to Binhai to meet Qin Yuhua. Qin Yuhua could not refuse Qin Maojun, his nephew. When Qin Maojun expressed his intention to come, Qin Yuhua sighed heavily, pondered for a while, and said, "It's not impossible for me to save Qin's Enterprise. You need to agree to three conditions."
"What three conditions?" Qin Maojun asked.
However, the more important news is that many companies in Beijing, led by the Ye Group, have launched an attack on Qin Enterprises. They openly asked Qin Enterprises to terminate the share sale plan, but secretly cut off all cooperation channels and supply chains of Qin Enterprises.
When Ye Fang originally issued a notice to Qin's cooperative companies, some companies did not take it seriously, and some had never even heard of the name of the Ye Group, and did not take the warning of the Ye Group seriously.
But when the domestic negative public opinion on Qin's enterprises became almost one-sided, and when these enterprises began to cut off cooperation with Qin's enterprises, Qin Yulong began to really panic.
Now Qin Yulong feels that the [-] million acquisition funds in his hand are a hot potato. It is neither keeping it nor returning it. MK Company kept urging Qin Yulong to handle the transfer of equity, but Qin Yulong found various reasons to shirk it, which made Kelly very angry. Kelly even directly threatened Qin Yulong that if she unilaterally terminated the agreement, she would have to return the [-] million acquisition fund, and even pay MK Company a huge amount of liquidated damages of up to [-] million.
Once Qin's enterprise takes out these [-] million in funds, it will be on the verge of bankruptcy in an instant.
All members of Xiyuan received a ban notice against Qin's enterprise. This order was no less than a pursuit order in ancient times, which completely pushed Xiyuan to the leading position in the business world. Even the Chang'an Club, which has many powerful corporate members, has never issued a kill order to any company, because once such a kill order is issued, it means that the company being killed is about to end, losing all cooperative companies and shipments. Channels, the demise of enterprises is just a matter of time.
Moreover, once a club issues notices and initiatives like this, it is very easy for senior leaders to question the true intention of establishing such a private membership organization, whether it can be considered that a certain commercial monopoly has actually been formed, and whether the right to speak of this commercial monopoly is It will influence the introduction of relevant national policies.
I am not afraid of left and right, but I am most afraid of confrontation. Once the officials have such an illusion, they will easily be suppressed by the officials.
Fortunately, Qin's company has aroused public outrage. Strictly speaking, Dezhou Instruments is not an industry that is prohibited from foreign investment. What's more, MK Company's shares do not exceed 50.00%, but in fact it has constituted the largest potential future of Dezhou Instruments. A single shareholder can exercise actual control over Texas Instruments.
It would be fine if it was an ordinary company, but Texas Instruments is one of the important companies on the military's clear list, which has to make officials doubt the true intentions of MK Company, especially since Texas Instruments possesses cutting-edge technology in high-end instrument manufacturing. It made the military very uneasy.
Now that Ye Fang is taking the lead in exerting pressure on Qin's enterprise, it complies with public opinion and coincides with the inner thoughts of senior leaders, so the official government acquiesces to Ye Fang's initiative.
In just three days, on the first day of the new year, all business partners of Qin's company unilaterally terminated their cooperation. If Qin's enterprise owes money to other enterprises, all enterprises will be required to repay it within a time limit. If Qin's enterprise cannot repay within the time limit, Qin's enterprise will face a large number of lawsuits.
Those outside who had outstanding debts to Qin's Enterprise refused to pay. Everyone was waiting for Qin's Enterprise to go bankrupt. Almost everyone in the industry believed that the collapse of Qin's Enterprise was just a matter of time.
On the first day of 2000, Qin Yulong, who was full of tears, took the initiative to visit Ye Fang, but was rejected.
Qin Yulong had no choice but to fly directly to Binhai to find Qin Yuhua. Qin Yuhua only said, "I have done my best to the Qin family. The Qin family's enterprise is entirely to blame for what it is today." He directly blocked Qin Yulong from the door, and even the Lin family No one was allowed to enter the house.
Qin Yulong returned from Binhai without success and went to find Kelly from MK, hoping to terminate the acquisition plan.
Kelly's answer was straightforward. There was no problem in terminating it. With [-] million acquisition funds plus [-] million liquidated damages, the acquisition contract could be terminated at any time.
The problem is where Qin Yulong has [-] million now. Even those [-] million have already been repaid by Qin Yulong as a bank loan. If he had known that this would be the outcome, Qin Yulong would definitely not have repaid the bank loan. At least this matter can still be done. There is room for buffering, but now Qin's enterprise has reached the end of its rope.
The descendants of the entire Qin family were in complete chaos. As the eldest son of the family, Qin Yulong had no choice but to visit the bosses of each family one by one, hoping that they could speak to the Qin family. Even Mr. Hai and Mr. Ma, these big guys who could talk to Ye Fang could mediate the matter, but without exception, they all got rejected.
Qin Yulong's hair turned white overnight, and he seemed to have aged more than ten years. He didn't understand why Ye Fang could make the company he had cooperated with for many years obey his orders, cut off all supply chains of his company in just a few days, and push his company to the brink of bankruptcy.
In the end, Qin Yulong had no choice but to hold a family meeting within the clan to discuss the future direction of Qin's enterprise. Now Qin's Enterprise, let alone transferring it at a low price, is giving it to others for free and no one wants it. Once it is taken over, it will face a huge expenditure of [-] million, and there is no guarantee whether Qin's Enterprise's cooperative supply chain can be restored.
Now it seems that there is only one way before Qin Yulong, and that is to go bankrupt directly. As soon as they heard this word, all the descendants of the Qin family fell silent. Hundreds of people from the direct and collateral lines of the Qin family were like parasitic leeches lying on the bottom of Qin's large and small companies drinking blood. Now the big ship of Qin's enterprise has grown to thousands of people. It is riddled with holes and could collapse at any time.
"How about I go ask my sister-in-law." Qin Yulong's son Qin Maojun said, "The only one who can save the Qin family now is my sister-in-law."
"Okay, Xiaojun, then get up and go to Binhai quickly. As long as your sister-in-law agrees to save the Qin family, we can agree to any conditions." Qin Yulong said loudly.
"Okay! Let me make something clear in advance. At this moment of life and death for the Qin family, you must accept the result no matter what, otherwise I would rather quit the Qin family and no longer deal with family affairs." Qin Maojun said loudly.
Qin Yulong glared at the Qin clan members and said coldly, "Do you agree or not?"
People in the clan and Qin Yulong's generation all looked at each other and nodded in agreement.
Qin Maojun immediately set off to Binhai to meet Qin Yuhua. Qin Yuhua could not refuse Qin Maojun, his nephew. When Qin Maojun expressed his intention to come, Qin Yuhua sighed heavily, pondered for a while, and said, "It's not impossible for me to save Qin's Enterprise. You need to agree to three conditions."
"What three conditions?" Qin Maojun asked.
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