After Mr. Xiang divorced, the president regretted it

The door opened, and the anxious boss Huang walked in. He rubbed his hands, with an apologetic smile on his face, "Mr. Xiang, Mr. Yan, I'm sorry to bother you, I..."

"Mr. Huang, you've come just in time. We were just about to look for you." Yan Jin stood up and asked him to sit down. "If you have anything to say, just say it."

Huang's boss sighed, looking even more anxious. "Mr. Xiang, Mr. Yan, to be honest, our company's financial situation is even worse than I said before..." He paused, as if he had mustered up his courage. "Our company's sales have dropped sharply in recent months, and our capital chain has been broken. Now the bank is urging us to repay the loan..."

He took out a document from his briefcase and handed it to Xiang Yu, "This is our company's financial statement, please take a look."

Xiang Yu took the report and read it carefully. Yan Jin stood up and poured a glass of water for Huang, the boss of the partner company, and comforted him softly, "Boss Huang, don't worry, talk slowly, we will do our best to help you."

Huang's boss looked at her gratefully, took the cup of water, but couldn't drink a sip. "Mr. Xiang, Mr. Yan, I know this is very presumptuous, but...but our company is really desperate. If the bank loan cannot be extended, we will have no choice but to declare bankruptcy..."

As he spoke, his voice choked up.

Xiang Yu put down the report, frowning. Judging from the data on the report, the financial situation of the partner company is indeed not optimistic, with sales continuing to decline, serious inventory backlog, broken capital chain, overdue bank loans...all signs indicate that the company has reached the edge of the cliff.

"Mr. Huang, don't be discouraged." Xiang Yu said in a deep voice, "We will find a way to help your company overcome the difficulties as soon as possible."

He turned to look at Yan Jin, "Contact the manager of Lin Bank right away and ask if there is any room for maneuver regarding the loan."

"Okay." Yan Jin picked up the phone and called Lin Bank's manager.

"Hello, Manager Lin, I'm Yan Jin... Yes, I want to talk to you about the loan from our partner company... What? You need more guarantees and a detailed repayment plan? This..."

Yan Jin's expression changed slightly, and the fingers holding the phone tightened slightly.

Yan Jin's fingers turned slightly white as she held the phone. She took a deep breath and tried to keep her tone calm. "Manager Lin, I understand that banks have their own rules, but our partner company has always maintained a good cooperative relationship with Xiang's. This crisis is only temporary. We will definitely find a way to overcome the difficulties and repay the loan on time."

Manager Lin on the other end of the phone was still tough, "Boss Yan, I understand your feelings, but the bank must also be responsible for the interests of depositors. Without sufficient guarantees and a feasible repayment plan, it will be difficult for me to apply for an extension from my superiors."

Yan Jin wanted to fight for it again, but Xiang Yu stopped her. He took the phone and said in a steady voice with unquestionable strength, "Manager Lin, this is Xiang Yu. Please send me the detailed information of the partner company's loan so that I can take a look at the details."

After hanging up the phone, Xiang Yu's face was terribly gloomy. He knew that Manager Lin's attitude was very clear. Without sufficient collateral, the bank would not be able to extend the loan. And the current situation of the partner company was that it could not provide more collateral.

"It seems that we can only find a way to raise funds ourselves." Xiang Yu rubbed his eyebrows, with a hint of fatigue in his tone.

"But where can we raise such a large amount of funds in such a short period of time?" Huang's partner's boss was anxious like an ant on a hot pot. "Besides, there are now disagreements within the company..."

It turned out that after learning about the difficulties faced by the company, several shareholders of the partner company began to have differences on the company's future development. One of the shareholders, Liu Partner Shareholder, had always been dissatisfied with the company's business strategy, and this time he took the opportunity to propose to withdraw his investment.

"Liu, the shareholder... he actually took advantage of the situation at this time!" Huang, the boss of the partner, said angrily, "I have tried my best to appease him, but he is determined and said that if the company can't get out of the predicament as soon as possible, he will sell all his shares..."

Yan Jin and Xiang Yu looked at each other, and both saw solemnity in each other's eyes. They understood that the withdrawal of the shareholder Liu's partner would undoubtedly make matters worse. If it was not handled properly, it would likely cause panic among other shareholders, and then the partner company would really be powerless to recover.

"Mr. Huang, calm down first." Yan Jin comforted him softly, "We will do our best to help you stabilize the other shareholders."

Xiang Yu continued, "As for the funding issue, we will find a way to solve it as soon as possible. The most important thing now is that you stabilize the company's employees, maintain normal production and operations, and don't panic."

Huang Partner Boss nodded gratefully, "Thank you, thank you..."

After seeing off Huang, the partner's boss, Xiang Yu immediately called a meeting of the company's top executives to discuss how to help the partner company overcome the difficulties. The atmosphere in the meeting room was solemn, and everyone frowned, realizing that this crisis was no small matter.

"I have contacted financial consultant Zhao. He will come to the company as soon as possible to help us analyze the financial situation of our partner company and develop a solution." Xiang Yu said in a deep voice, his eyes sweeping over everyone present. "Now, I need everyone to work together to find a way to overcome the difficulties!"

Everyone in the conference room nodded, but everyone had a solemn look on their faces, because they knew that the center of this storm was far more than just the current predicament...

Financial consultant Zhao soon arrived at Xiang Group. He is an experienced financial expert who has helped many companies successfully resolve financial crises. After carefully studying the financial statements and related information of the partner company, Financial Consultant Zhao proposed a series of financial restructuring and cost-saving suggestions.

"First, we need to sort out the businesses of our partner companies and divest those that are suffering heavy losses and have no development prospects." Financial consultant Zhao pointed to the data analysis chart on the projector. "Second, we need to streamline the organization, lay off redundant personnel, and reduce labor costs."

"Finally, we need to actively negotiate with suppliers and creditors to obtain longer payment terms and more favorable terms." Financial consultant Zhao pushed his glasses. "If we can do these things, I believe the financial situation of our partner companies will improve."

However, these suggestions are difficult to implement. The bloated organization and inefficient management model formed by the partner companies over a long period of time have made business divestiture and staff layoffs face huge resistance.

"Consultant Zhao, can you reconsider the layoffs?" Huang's boss looked embarrassed. "Many employees in the company have worked with me for many years. Now that the company is in trouble, I can't bear to lay them off!"

Financial consultant Zhao patiently explained: "Mr. Huang, I understand your feelings, but now is not the time to be emotional. If we don't optimize our personnel, the company's operating costs will not be reduced, and we will only fall into a deeper crisis."

In addition to layoffs, negotiations with suppliers and creditors were not going smoothly. Suppliers were worried that partner companies would not be able to pay on time, and they asked to shorten the payment period, and some even stopped supplying directly.

Creditors are even more tough. They are worried that partner companies will not be able to repay their debts, and they are demanding early repayment. Some creditors have even begun to take legal action and freeze part of the partner companies' assets.

Faced with such a dilemma, the atmosphere in the conference room became solemn again. Xiang Yu's face was livid. He knew that if a solution could not be found as soon as possible, the partner company would likely face the risk of bankruptcy.

"Is there no other way?" There was a hint of despair in Huang's partner's boss's voice.

At this moment, Yan Jin, who had been silent all this time, suddenly spoke up: "Perhaps, we can use the resources and credit of the Xiang Group to provide guarantees for our partner companies."

Everyone's eyes were focused on Yan Jin, and the conference room was silent. Everyone knew that Yan Jin's proposal was undoubtedly a shot in the arm, but it was also a risky move...

Yan Jin's words were like a stone dropped into a calm lake, causing ripples. The atmosphere of despair that had filled the conference room was broken, and the light of hope rekindled in everyone's eyes.

Huang's partner boss stood up excitedly, his hands on the table, his voice trembling: "Boss Yan, are you telling the truth? Is Xiang Group really willing to guarantee us?"

Yan Jin did not answer directly, but cast her eyes on Xiang Yu. Xiang Yu looked at her with deep eyes for a few seconds, nodded slightly, and said in a deep voice: "I agree with President Yan's proposal. Xiang Group can provide guarantees for partner companies to help them overcome this difficult time."

Xiang Yu's words were powerful and the meeting room burst into applause. Huang, the boss of the partner company, was so excited that his eyes were filled with tears and he thanked him repeatedly.

"However," Xiang Yu raised his hand to signal everyone to be quiet, and said in a serious tone, "I want to remind everyone that guaranteeing a partner company means that Xiang Group also has to bear certain risks. If the partner company is ultimately unable to repay the debt, Xiang Group will also face huge losses."

"Mr. Xiang, don't worry, we will do our best to save the company and will never let you and the Xiang Group suffer any losses!" Huang's partner boss vowed. Other shareholders and executives also expressed their willingness to cooperate fully and overcome the difficulties together.

"Guarantees alone are not enough," Yan Jin's calm voice brought everyone back to reality, "We need to formulate a detailed plan and strictly implement it to truly resolve the crisis."

Xiang Yu nodded in agreement: "Boss Yan is right. So, we will split up. Boss Yan will be responsible for communicating with the bank about the loan, and I will go to appease the shareholders and employees of the partner company and stabilize their morale."

"Okay!" Yan Jin agreed without any hesitation.

After the meeting, Yan Jin returned to her office and immediately began to prepare the materials needed for the loan. She flipped through the documents and reports one by one, carefully checking every number, striving to present the financial status of the partner company clearly and transparently to the bank.

The next morning, Yan Jin showed up at the door of Bank Manager Lin's office on time with the carefully prepared loan documents. However, she was not greeted with the warm reception she had expected. Bank Manager Lin had a formal smile on his face and said perfunctorily, "Boss Yan, please take a seat. Regarding the loan..."