After Mr. Xiang divorced, the president regretted it

Chapter 214 Persistence in Adversity

"Old Wang, don't panic. Let's solve the problems one by one." Xiang Yu tried his best to remain calm and motioned for Financial Director Wang to sit down and talk slowly.

In the following days, the whole company was filled with a tense atmosphere. Xiang Yu and Yan Jin worked day and night, communicating repeatedly with auditors, lawyers, and financial advisors to find the root cause of the problem and prepare supplementary materials.

"Auditor Zhou, we have reorganized the financial statements of the overseas subsidiaries according to your requirements. Do you have anything else to add?" Yan Jin's voice was a little tired, but she still maintained a professional attitude.

Auditor Zhou adjusted his glasses and flipped through the documents carefully, his brows still furrowed. "Mr. Yan, I understand the particularity of overseas business, but these data and vouchers still cannot completely dispel my doubts..."

In the office, documents piled up like a mountain, and the numbers on the computer screen seemed to be mocking their powerlessness. Late at night, the lights in the office were still bright, Xiang Yu and Yan Jin sat side by side at the desk, both of them looked haggard, but the unyielding fire still burned in their eyes.

"Are we really going to give up?" Yan Jin's voice was a little hoarse. This was the first time she showed vulnerability in front of Xiang Yu.

"Give up? Impossible!" Xiang Yu's eyes flashed with determination, "We have come this far, we can't give up easily, even if there is an abyss ahead, we must make a way out!"

Suddenly, Xiang Yu's cell phone rang rapidly. He glanced at the caller ID and his face suddenly changed. On the other end of the phone, Wang, the financial director, said anxiously, "Mr. Xiang, it's not good. The market has fluctuated greatly. Our company's stock price..." Before Wang, the financial director, finished speaking, Xiang Yu immediately turned on the computer and looked at the numbers jumping on the screen. His face became even uglier.

"What's wrong?" Yan Jin also noticed something was wrong and asked nervously.

"The market fluctuated and the company's stock price plummeted." Xiang Yu's voice was low, with a hint of suppressed anger.

To make matters worse, Auditor Zhou's voice sounded particularly harsh at this moment. "Mr. Xiang, Mr. Yan, I just found another problem. Several projects invested by the company seem to have great risks..."

Hearing this, Xiang Yu and Yan Jin's faces turned extremely ugly. They understood that this was not just a financial audit issue, but a crisis related to the company's survival.

"Yan Jin..." Xiang Yu took a deep breath. He knew that now was not the time to panic and he had to come up with a response strategy as soon as possible. "Notify all directors immediately and hold an emergency board meeting!"

In the boardroom, the atmosphere was so heavy that it seemed as if the air had frozen. Yan Jin's face was calm, and he explained to the directors the serious situation the company was facing: "Dear directors, I believe you have seen that due to market fluctuations, the company's stock price has fallen significantly. At the same time, we are also facing the dual pressures of financial audits and listing process obstructions..."

"Boss Yan, now is not the time to talk about this. You have to come up with a solution!" A director interrupted Yan Jin anxiously, "If this continues, no one can predict how low the company's stock price will fall!"

"Yes, Mr. Yan, you have to think of a solution quickly!" The other directors also echoed, their tone full of worry and dissatisfaction.

Yan Jin looked around the conference room, took a deep breath, and projected a document onto the big screen. "I have drawn up a response strategy. First, we will temporarily suspend investment in some non-core projects and concentrate funds and resources to ensure the stable development of the main business in order to stabilize the company's financial situation..."

Yan Jin explained the response strategy in a clear and logical manner and patiently answered the questions raised by the directors. In the end, the board of directors unanimously approved her plan and authorized her to take full responsibility for the follow-up matters.

At the same time, Lawyer Wu was working overtime in his office to revise the prospectus. Suddenly, his cell phone rang and an unfamiliar number flashed on the screen.

"Hello, who is it?"

"Hello, Lawyer Wu. I have some inside information about the Xiang Group. Are you interested?" The voice on the other end of the phone was low and mysterious.

Lawyer Wu's heart moved, and he asked cautiously, "What news?"

"I heard that several projects invested by Xiang Group have suffered serious losses, and the financial situation is already precarious..." The person on the other end of the phone lowered his voice, with a hint of gloating in his tone.

Lawyer Wu immediately became alert and asked, "Who are you? Is your information reliable?"

"Believe it or not, I'm just kindly reminding you to be careful not to be dragged into trouble by the Xiang Group." After the other party said this, he hung up the phone.

Lawyer Wu put down his phone, frowning. He immediately turned on his computer and started searching for relevant information. Sure enough, some financial websites and social media had begun to show unfavorable rumors about the Xiang Group, and the content was exactly the same as what was said on the phone just now.

Lawyer Wu realized that this was no accident. Someone must have deliberately spread rumors and tried to take advantage of the situation. He immediately called Yan Jin...

"Mr. Yan, I just received news that someone is maliciously spreading rumors about the company in an attempt to..." Lawyer Wu was interrupted by Yan Jin before he could finish his words.

"I understand. Collect evidence immediately. We must fight back!" Yan Jin's voice was cold and chilling. She hung up the phone and immediately called the company's legal and public relations departments to discuss countermeasures.

"We must not allow these rumors to continue to spread!" Yan Jin's face was stern and his tone was firm. "Legal Department, immediately sue the rumormongers and hold them accountable for their legal responsibilities! Public Relations Department, immediately issue a notice to clarify the facts. At the same time, contact major media outlets and hold a press conference. We must respond to doubts positively and stabilize market confidence!"

After Xiang Yu heard the news, he rushed back to the company as soon as possible. He walked into Yan Jin's office and saw her busy in front of the computer, her face tired but still determined.

"Let me handle it." Xiang Yu walked up to her and said softly.

Yan Jin raised her head and saw Xiang Yu's concerned eyes. Her heart warmed, but she still shook her head, "No, I can handle it."

"This is our common business." Xiang Yu insisted, "You have worked hard enough, let me share the burden with you."

Yan Jin looked at the man in front of her who she had once rejected, but now stood firmly beside her and fought alongside her, feeling mixed emotions.

Xiang Yu and Yan Jin divided the work and cooperated with each other. Xiang Yu used his personal connections to contact authoritative figures in the industry to clear the company's name; Yan Jin led the team and worked overtime to prepare materials to deal with the exchange's review.

A few days later, officials from the Zhengzhou Stock Exchange came to the company and conducted a second round of review of the company's listing application.

"Mr. Yan, we have carefully reviewed your company's financial statements and related documents, and have also noticed some rumors that have appeared in the market recently." Officer Zheng said in a serious tone, "The response measures you have taken are very timely and effective. We approve of this."

Yan Jin and Xiang Yu looked at each other and felt a little relieved.

"However..." Officer Zheng paused and continued, "We still have some questions that need your further explanation..."

Official Zheng asked detailed questions about the company's financial status, operating risks and other aspects, and Yan Jin and Financial Director Wang answered them one by one.

Finally, Officer Zheng closed the folder and said, "We will make a final review decision as soon as possible based on your supplementary materials."

After seeing off official Zheng, Yan Jin and Xiang Yu returned to the office.

"It seems that we need to keep up the good work." Xiang Yu said.

Yan Jin nodded and was about to speak when suddenly, Financial Director Wang hurried in with a serious expression, "Boss Yan, Boss Xiang, I found out..."

"Mr. Wang, what's wrong? What happened?" Yan Jin felt a sinking feeling in his heart when he saw Financial Director Wang's panicked expression.

"Mr. Yan, Mr. Xiang, I just received a call from the bank. Our company has a short-term loan due tomorrow, and we need to repay the principal and interest totaling 50 million, but..." Financial Director Wang's forehead was covered with beads of sweat, "But, the company's account balance is insufficient, and there is a gap in working capital..."

The sudden news was like a huge rock that hit Yan Jin and Xiang Yu's hearts. With the IPO imminent, the company was already in a critical period of capital turnover. In addition, the company had recently used a large amount of funds to deal with the rumors. Now the cash flow was suddenly cut off, which was undoubtedly worse.

Yan Jin took a deep breath, forced himself to calm down, and asked, "Boss Wang, is there any other way to raise funds?"

Financial Director Wang was embarrassed and shook his head: "Time is too tight. It is difficult to find an institution willing to provide such a large loan in a short period of time..."

The office fell into a suffocating silence. Outside the window, the hustle and bustle of the city seemed to be isolated, with only the ticking sound of the clock, as if reminding them of the urgency of time.

Xiang Yu broke the silence. He walked to the French window, looked at the city with tall buildings in the distance, and said firmly: "There will always be a way. Let's think about it. There must be other ways to solve it."

Yan Jin also stood up and walked to his side. The two stood side by side, looking into the distance with determined eyes. They both knew that the difficulties before them were only temporary, and as long as they did not give up, they would be able to find a solution.

"I'll contact a few cooperating investment institutions to see if I can get their support." Xiang Yu turned and said to Yan Jin.

Yan Jin nodded, her eyes full of trust and determination: "Okay, I'll talk to the bank and try to postpone the repayment."

The two of them acted separately and devoted themselves to their intense work. As time passed, the atmosphere in the office became more and more solemn, like the calm before the storm. As night fell and the lights came on, the prosperity of the city had nothing to do with them. At this moment, they had only one goal in mind, which was to protect the company and get through the difficulties.

Suddenly, Xiang Yu's phone rang. He glanced at the caller ID and saw a name...

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