Rebirth 1990: The beginning is sweet and cool Bai Yueguang
Chapter 842 Sense of Crisis
After saying that, Huo Yongwei turned around and was about to leave.
Suddenly there was a muffled sound, and Huo Yongnian slammed the table and stood up: "How dare you without my permission!"
Huo Yongwei paused and looked back at him: "Why are you feeling guilty? As a shareholder, it is within my rights to check the company's financial situation. Do you want to deprive me of even this right?"
Huo Yongnian gritted his teeth and said, "You can check the financial situation at any time, but not now.
The company is in crisis, and you are now conducting a high-profile audit. Do you know what the consequences will be?"
His point of view is beyond doubt.
Such a huge enterprise as the Huo family was actually hit, and it was successfully hit.
This situation has never happened before. The whole company is in a state of panic.
If Huo Yongwei were to investigate the company's financial situation at this time, the outside world would inevitably think that this was an internal family struggle.
Under such circumstances, Huo Yongnian would never allow any mistakes to happen.
However, Huo Yongwei doesn't think so. He believes that this behavior that prevents him from checking his finances reflects a certain kind of uneasiness.
In his opinion, this further confirmed Zhou Qi's statement: Huo Yongnian was making profits secretly without anyone's knowledge.
Facing Huo Yongwei's doubt, Huo Yongnian took a deep breath and said:
"Regarding financial issues, I will be open to everyone. There are some situations that really need to be made known to everyone."
"Then hold a shareholders meeting."
An hour later, the Huo family held a shareholders meeting.
Usually this type of meeting is held only once a year, at the end of the year, when Huo Yongnian will briefly announce the company's financial status and distribute dividends based on each shareholder's shareholding ratio.
This was the first time that a meeting had been convened at an impromptu meeting like today's, and it caused extreme panic within the company.
Everyone knew that something big had happened in the company.
In the conference room, all those who held shares were present. Most of them had no idea what was going on. Just like Huo Yongwei before, they were still enjoying their lives.
Even when I came to the meeting room, I thought there was something good to be announced.
No one would have thought that the Huo family, one of the four largest families in Hong Kong, would also run into trouble.
However, after hearing what Huo Yongnian said, their faces turned as pale as paper.
The industry was facing threats and financial problems were occurring. This turned out not to be good news but a disaster.
Everyone was in a panic. Who could have imagined that the Huo family, which was so huge, had less than 10 billion in liquid funds on its books?
Huo Yongnian used the same reason he had used to fool Huo Yongwei to explain to everyone.
They said that a large amount of money had been invested in the project and now the funds were trapped inside, and that the company’s current cash shortage problem was caused by stock market fluctuations.
After hearing these words, everyone vaguely understood what Huo Yongnian meant.
Someone mentioned: "A bank loan should be able to quickly solve the funding problem, right?"
However, whenever Huo Yongnian thought of this, he felt powerless.
He tried to make several phone calls for help, but the responses he received were all the same: getting funds through the bank seemed to be a dead end.
At this time, Huo Yongnian's heart was filled with a sense of crisis. He realized that the company was facing unprecedented challenges, and the biggest problem was the shortage of funds.
Therefore, the purpose of convening this shareholders' meeting, in addition to informing on the company's operating conditions, is more importantly to raise the necessary funds.
"Business matters aside, we are all a family."
Huo Yongnian said: "The company does not belong to me alone, it belongs to all of us.
In the past, our operations have been smooth and we have done everything well. But now, we need to face this potential threat together.”
"At present, funding is our biggest shortcoming and it is also the most difficult time for the company."
Huo Yongnian continued, "I am personally willing to invest 2 billion, and I hope that you can also provide as much support as possible. We can calculate the interest and work together to help our company get through the difficult times."
When they heard that they had to pay for it themselves, the atmosphere at the scene suddenly became subtle.
Everyone looked at each other with complicated expressions. If the bank was unwilling to lend money, why did it ask them to invest?
Huo Yongwei felt mixed emotions and was extremely disappointed.
The once glorious Huo family has fallen to the point where they have to ask their own relatives for money.
Huo Yongnian did not give detailed explanations on the bank's situation in order to avoid causing panic.
At this time, Huo Yongwei was the first to express his position:
"Everyone knows my lifestyle. I spend money like water, mainly on enjoyment and investment. Most of the money is either used to buy houses or for entertainment. I don't have much money now.
But I can put out 10 million to support the company, and if necessary, I can consider selling the property."
As one of the shareholders with the largest shareholding, Huo Yongwei was only willing to pay out 10 million, which made others start to weigh the pros and cons.
Later, another shareholder spoke:
"Brother, I have the smallest share, and the dividends are not much. I recently bought a villa, and I lost some money in Australia City before, so I don't have much money on hand. However, I can still come up with 4 million."
People began to speak one after another, mentioning amounts ranging from several million to tens of millions, but no one pledged more than 100 million.
Huo Yongnian sneered in his heart. He was already accustomed to the fickleness of the world, but he had never thought that such a scene would happen to him.
Originally, he did not expect everyone to give everything they had, but he thought it would not be a problem for each family to give at least 100 million.
However, the reality is so ironic.
Although he was furious inside, Huo Yongnian remained calm on the surface: "No one wants to see problems with the family business.
We are a family, and the state of the industry directly affects everyone here.
At this critical moment, I hope everyone can put aside their own little calculations."
He particularly mentioned Huo Yongwei's attitude and expressed his willingness to sell the property for the family business.
"The current difficulties are only temporary. Once we overcome the difficulties, I promise to give you double compensation."
He continued: "Please contribute as much cash as you have, and if you can contribute more assets, please do so as much as possible. We have only one goal: to raise funds as quickly as possible."
Hearing this, a female shareholder said dissatisfiedly:
"How else can we try? Are we supposed to borrow money? I have no problem spending money with friends, but I can't bring myself to borrow money."
Huo Yongnian looked directly at her and said, "You have three villas, five cars and a yacht in your name. If you can take out all of these, your assets will double by this time next year."
His implication was clear: Don't think I don't know your true background.
The family business is facing a crisis now. I hope you can put aside your selfishness and not make things too ugly.
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