Chapter 1255 - 1252: Aunt Mei Got Hit On?
While Tangya’s colleagues were gossiping about various things, Tangya had already driven her Porsche Cayenne, left the bank, and arrived at the agreed Starbucks in about ten minutes.
Inside Starbucks, Tangya went to a spot in the corner. She didn’t order coffee, but a glass of juice, and quietly waited for the arrival of Luofeng and Bai Ningbing.
Meanwhile, she continued reviewing the loan project documents of Yifan Power Company.
The situation of this company is terrible, and it has been bothering Tangya lately.
However, the problem has already occurred, and Tangya has to find a way to deal with it and minimize the losses as much as possible.
But now the situation is irretrievable. Yifan Power is about to go bankrupt and is insolvent, along with a pile of debts, which is very challenging.
In this situation, Yifan Power Company still has one last lifeline, which is to get another loan from a bank.
To alleviate their company’s pressure and strive to turn a profit.
However, Tangya directly rejected their company because she no longer trusts Yifan Power.
Hasn’t Yifan Power company screwed her over bad enough? How could she still trust this company?
Right now, Tangya is studying the company’s asset structure to see if there is any illegal behavior, or asset transfer, etc.
As long as she finds such a situation, she can hold the company accountable, thereby reducing the losses on the loan.
The best outcome would be if Tangya finds evidence of the company transferring assets, retrieves the transferred assets, and thus recovers the loan losses.
There are some companies that, when facing bankruptcy, the bosses often think of transferring assets, leaving an empty shell to the bank.
But such results are unlikely, and Tangya doesn’t dare to hope for it.
Even if the assets were transferred, they were probably dealt with a long time ago. Why would they wait for you to catch their trail?
Tangya looked at Yifan Power Company’s documents with melancholy.
She lightly sighed with a breath.
She knows this time she really lost.
It’s not just about losing, but it also means carrying a huge responsibility, even to the extent of a formal investigation.
To determine whether she has any relationship with Yifan Power Company beyond a normal relationship.
After putting away these documents, Tangya quietly sat in the corner. A man looking about thirty years old, wearing dress pants and a white shirt, came over at this time and initiated saying, "Hello, is there anyone here?"
"Yes!" Tangya glanced at the man and calmly replied.
"Uh!" The man was at a loss for words with Tangya’s blatant lie, so he could only turn and leave.
After the man left.
Tangya directly put her Porsche Cayenne car keys into her bag.
To avoid the likes of anyone thinking they can take shortcuts and live easily?
Around six ten in the evening, Tangya received a call from Bai Ningbing. She answered, "Are you here?"
"Yeah, we’ll be right there. Are we coming to pick you up, or are you driving yourself?" Bai Ningbing said.
"I’ll drive myself! We can just meet directly at the steamed fish restaurant." Tangya said.
"Okay!" Bai Ningbing nodded.
When Tangya arrived at the steamed fish restaurant.
Luofeng and Bai Ningbing also arrived together.
The three of them walked into the restaurant and chose a private room.
Inside the private room, Luofeng first handed the menu to Bai Ningbing and Tangya.
Bai Ningbing eagerly started flipping through it, while Tangya wasn’t in the mood at all.
Luofeng noticed Tangya’s condition but didn’t ask immediately.
Bai Ningbing, as usual, chose the leopard coral trout and then asked, "Luofeng, what do you want to eat?"
Luofeng said, "Order a spicy Boston Lobster for me."
"Mom, what do you want to eat?" Bai Ningbing nodded towards Luofeng and then asked Tangya.
Tangya seemed not to hear, holding the menu but seemingly in a daze.
"Mom?" Bai Ningbing called again.
"Huh?" Tangya finally snapped back to reality.
"Mom, what’s wrong?" Bai Ningbing asked in puzzlement.
Tangya closed the menu and reflexively said, "Just thinking about work. You guys pick, I’ll eat whatever. I can’t eat much anyway."
Luofeng casually said, "Having trouble at work, Auntie?"
Tangya hesitated for a moment but still shook her head and said, "Just busy with work lately, that’s all."
Luofeng nodded and didn’t continue asking.
But then Luofeng took out his phone and started sending messages on it.
Moments later, the huge intelligence network operated in less than a minute.
Luofeng knew the ins and outs of the situation.
It seems the Zhongyi Tang organization behind Luofeng is indeed terrifying right now.
Luofeng directly chose to send Tangya a message on WeChat.
Sending a message while facing her, with Bai Ningbing present, still felt a bit strange.
But these matters were not suitable to discuss in front of Bai Ningbing.
Luofeng: Auntie, is the issue related to Yifan Power Company?
Tangya noticed the phone vibrating, looked at it, and it turned out to be a message from Luofeng.
She was quite puzzled.
And then, after reading the content, she was even more puzzled.
Tangya: ???
Luofeng: I asked your bank’s president about the Yifan Power Company’s issue, and I already know the general situation now.
Tangya was secretly surprised.
Their president, does Luofeng know them too?
But thinking about it, it’s normal; Luofeng’s family’s Jiamei Construction Company is a big player locally, knowing them is quite normal!
Luofeng: This company is beyond saving, right?
This company was once a famous local enterprise.
It was very well-known in the motorcycle industry.
But unfortunately, motorcycles have become a sunset industry, and Yifan Power Company didn’t manage to transition in time.
Tangya: Yes! Their company is beyond help.
Tangya then sent a diagram of the company’s asset structure.
Tangya: Currently, this company is applying for bankruptcy, based on their situation, the most we can recover is 16 million on the loan, which means we’re looking at a loss of 140 million because the loan we gave them was 120 million. This is already a dead account.
Under such circumstances,
it would directly end Tangya’s career.
Luofeng: Did their use of the loan involve any illegal activities?
Tangya: From what I understand currently, there doesn’t seem to be any.
Tangya: The problem lies in their poor management, and also technical fraud issues, which led them into this predicament.
Tangya: At the moment, aside from owing us 120 million, they still have outstanding payments to various suppliers. In total, it’s up to 136 million.
Tangya: But their company’s valuation is about 40 million, though they still owe approximately 6 million in employee wages.
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