10th of September.
The news of Teng Xiang breaching the contract was completely exposed.
Far away's Li Dong personally appeared and angrily said to the reporters, "Teng Xiang is our biggest supplier in North China, and also our most trusted partner!
But now, Teng Xiang's actions are extremely disappointing!
Far away has never lacked suppliers!
If Teng Xiang wants to leave, then let it go. I'll say this, whoever doesn't want to cooperate can get lost!
But since you breached the contract first, you have to compensate for it.
Far away's additional losses, you have to bear it as well.
Along with the compensation for breaching the contract, all the companies that breached the contract have to pay for the additional losses. I guarantee that whoever pays for the compensation will receive the payment immediately!
But if you don't want to bear the losses, then don't blame me, Li Dong, for doing things according to the rules!
The contract can be torn up, but Far away will use legal means to defend its own interests.
If you want the money, sure. We'll go to court and say that the law is fair. As long as the court rules, we'll pay as much as we should. Far away is willing to pay for the breach of contract. Far away is willing to bear it! "
There was nothing wrong with what he said.
You were the one who was heartless first, so it was understandable that Li Dong did not pay for the payment.
He also said that if he breached the contract, he would look for the court to rule. Far away would carry out the court's decision.
It was human nature to do things according to the rules.
But soon, the news spread. Someone said confidently, "Li Dong said this because he wanted to scare everyone with the compensation. Far away has long been unable to make ends meet. This time, Teng Xiang breaching the contract revealed Far Away's true colors. Far away is now transferring its assets, hoping to drag it out for a while. By the time the court's decision comes down, Li Dong will have already transferred everything to Yuanfang. "
Someone else said that the Jiangbei government had already started to investigate Li Dong. Even people from Beijing had come to Far Away to investigate Far Away's assets.
If they did not collect the money, Far Away would soon go bankrupt and be liquidated.
Once Far Away went bankrupt, the first thing they had to do was to satisfy the bank loan, then other debts, and finally the payment.
As for the payment, he had to satisfy those big manufacturers first.
As for the small manufacturers, they might not even get their money back in the end.
Since Li Dong dared to say that he could get money if he compensated for his losses, even if he had to suffer a small loss, it was better than not getting a single cent.
…
There was an uproar on the Internet.
There was even a small manufacturer who said that he had already received the money.
So far away, the compensation for breach of contract was the same, 5% of the purchase price, and the additional compensation was also 5%.
As long as you're willing to accept it, you'll get the payment immediately.
Although the loss was as high as 10%, there was profit in the supply. It was not uncommon for some enterprises to have a profit margin of 10%.
To be able to recoup the cost was already not bad.
Even if they lost money, it wouldn't be too much. It was better than not getting a single cent.
Far away, the companies that were worried about demanding an exorbitant price began to waver. Should they go and get their money back?
With the money back, it meant that the cooperation with Far away had come to an end.
Far away, if they didn't fall, their losses would be huge.
But if he didn't go and get the money, what would happen if someone else did?
They didn't know exactly how many people had broken their contracts, but from the Internet, there should be quite a number.
If so many companies emptied Far away, what would happen if Far away ran out of money?
There were even rumors on the Internet that Far away had started to sell off their properties.
In fact, this was not a rumor. Far away, in Hua Dong, many stores had started to sell off their properties. This was real news. Even Far away did not refute it. It could be considered as tacit agreement.
Upon hearing the news of Far away selling off their properties, Far away's supply chain was in an uproar. It was a mess.
…
Jiangbei.
Faraway Supermarket had really sold off 12 of its stores.
Moreover, these 12 stores were not small in scale. Some were even first-class stores.
Far away's stores had not been open for long.
Now that they were being sold off, even Far away was in an uproar, let alone outsiders.
This was an order from Li Dong. He didn't even inform the board of directors.
Li Dong's office.
Yuan Chengdao's face was ashen. It was not directed at Li Dong, but at Chen Lang and Sun Tao.
He glared at the two of them. Yuan Chengdao said angrily, "General Manager Li, am I still the group's CEO? Why didn't you inform me about the sale of the stores? This is a big deal! Far away's situation, I know it better than anyone else. Even if all the merchants come to collect their money, we have not reached the point of selling off our properties! For these stores, we spent a lot of effort and a lot of money to get to where we are now. But you guys just sell them off and transfer them off. You're digging your own grave! "
Yuan Chengdao was really angry. He was too aggrieved as a CEO.
Shouldn't he be the first to know about this?
The outside world said that Far away had tacitly agreed. It was not tacitly agreed. When the reporters stopped him to ask, he had no idea about it. Of course, he had nothing to say.
Even the province was asking him what was going on. Why would Far away sell off their properties?
Far away's situation was known in the province. Initially, they did not think much of it. But now, even Jiangbei was confused.
Could it be that something had really happened to Far away?
With such suspicions, the province's Governors, including Chang Yuanshan, called them three times a day to keep up with the situation.
Even the provincial government suggested to hold a financial conference.
Far away was in trouble, and Jiangbei's provincial government would immediately send reinforcements.
Far Away could not collapse now. Far Away could not afford to collapse. Once it did, the impact would be beyond Jiangbei's tolerance.
Sun Tao was a little embarrassed. Chen Lang smiled bitterly and looked at Li Dong.
Li Dong pressed his hand down and smiled. "Don't be anxious. It's not that I didn't inform you. It's an urgent matter. Since you were not in the company, I didn't tell you.
Since you're back, there's no need to hide this from you.
It's like this. I had discussed with Long Hua. Long Hua had some businesses in the East China region.
Longhua's shopping malls and locations are not bad. It's more suitable than the shops we found in a hurry.
Furthermore, Longhua's rent is not high. The 12 shops that I've transferred are all owned by Longhua.
I've already asked Longhua to start the renovation. We will move into the new shops in three months.
Now, these shops are too close to each other, and their resources overlap. A large shop can cover a radius of five kilometers. It's not worth it to set up more shops.
That's why I chose to transfer the shops. We've also agreed that it will be a seamless connection.
Once this shop is transferred, we will immediately move to the new shop. "
"This …"
Yuan Chengdao was stunned. He was not in a hurry to speak to Li Dong. Instead, he looked at the map hanging on the wall.
The map is very detailed. Far away's branches.
Yuan Chengdao looked at the map carefully. As expected, these 12 shops are all surrounded by Longhua's properties.
Longhua had not built many Longhua Plazas in the past few years. But they had acquired a few large shopping malls.
Other than those acquired, the 12 shops are not all large shops. There are a few small shops, and Longhua's district is nearby.
Six of the shops are in Jiangbei, and the other six are around Jiangbei. These are all under Longhua's jurisdiction.
Yuan Chengdao looked at the map for a while and grumbled. "General Manager Li, if you had told me earlier, I would not be in such a hurry. Also, we are selling our properties at this time without any explanation. Anyone will misunderstand. Now, even the Provincial Government is not confident, and we are calling non-stop. Even if we want to transfer the shops now, we should explain to the public and dispel everyone's doubts about Far away. In fact, now is not the best time. We should at least wait for Longhua to finish its renovations and move in. It won't be too late to transfer the house then. We can afford the rent for one or two months. "
Li Dong smiled. "It's the same. Let others say it. Actually, this is my motive. I want those fence-sitters to break their contracts and earn 10% of the sales. It's worth it. It's best if we can settle the 10 billion worth of sales. I can just stand still and earn 10 billion. What else can make money faster than this? "
Yuan Chengdao was helpless, and Chen Lang did not know whether to laugh or cry. "General Manager Li, let's forget about 10 billion. If it's that much, our supply chain will collapse. We can't find so many backup channels at the moment. Other than Tengxiang, we can only take 30% of the supply channels. That means once the 3.5 billion worth of sales is settled, we must stop all our plans! 30% of the supply channels will be replaced, and it's still within our acceptable range. If it's too much, we can think of ways to solve it with money. But if the entire system is in chaos, it's not about money. "
Chen Lang's words had many meanings. He had already noticed something when he said he wanted to stop all his plans.
Li Dong was preparing to play dirty and lure people to take the bait.
Chen Lang did not know who Li Dong was trying to bait. This was a big commotion.
Now, even the Provincial Government was anxious. Far away's people were also feeling uneasy. Chen Lang felt that it's best not to last for more than a month, or else there will be trouble.
Li Dong thought for a while and nodded. "That's right. We can't kick too many people away. 30% is the limit. How much is the total amount that you've asked us for? "
Today was the 11th, and it had been two days since Tengxiang broke their contract.
The suppliers who came for the past two days were the most unstable ones. Li Dong did not feel heartache when they were kicked away. Instead, he felt relieved.
After this incident, such things would probably not happen in the future.
Before there was any definite news, even if there were rumors in the future, Far away would be as stable as Mount Tai.
This time, it was also a chance to test the stability of Far away's supply chain.
Far away had only been established for a short period of time. Li Dong did not have the time to maintain the relationship with the suppliers. He could only let them see Far Away's strength and understand that Far Away would not have a good life. That was the prerequisite for stability.
Chen Lang replied, "I've calculated it from various places. It's not too much. Excluding Tengxiang, it's less than 500 million."
"That means there aren't many big suppliers involved?"
Chen Lang nodded. "Indeed. Actually, they aren't stupid. They finally reached an agreement with us. If they break the contract now, not only will they suffer losses, but they will also offend us. Far Away won't go bankrupt so easily. Before there is any external interference, they are not too worried. Of course, if there are other external interference, then it's hard to say. "
Li Dong glanced at him. This guy had probably guessed something.
Ignoring him, Li Dong thought for a while and said to Yuan Chengdao, "Go and ask the government for help. Ask the government to help us think of a way to get another 10 billion. Also, spread the news that Faraway Supermarket is preparing to transfer 10% of its shares. Also, take this opportunity to discuss with some suppliers to see if we can extend the payment period to three months. "
"General Manager Li!"
Yuan Chengdao was shocked. "Transfer shares?"
As for asking the government for help, that was not a problem.
Even if they did not lack money this time and could get another 10 billion in loans, Far Away had money, which was also a good thing.
And if the payment period could be extended by three months, that would be even better.
As for everyone's worries and unwillingness, how would they know if they did not discuss it?
Transferable shares? That surprised everyone.
Li Dong nodded. "Yes. You can confirm to the public that Far Away is sincere this time. As long as the conditions are right, the shares will be transferred 100%."
"This …"
Li Dong smiled. "It's just one more shareholder. What's so surprising about it? It's settled. "
Yuan Chengdao did not know what to say, and Chen Lang and the rest were frowning.
What was Li Dong doing this time?!
In fact, Li Dong did not do anything. He was just revealing the news in advance. This way, the cooperation between Far Away and Longhua would not be too abrupt.
Of course, he also wanted to show off his difficulties.
He was a super dictator, and he was never willing to transfer Far Away's shares. Now, even his supermarket shares were going to be sold. His life would be tough.
If Han Yu and the rest did not take the bait, he would stop playing with them.
Now, Li Dong was pushing forward at this speed. He wanted to end the battle quickly. As long as they fell into his trap, there would be no problems.
Yuan Chengdao heaved a long sigh and said in a deep voice after a long time, "Director Li, after this, we must prove our strength to the public!
Only by restoring our reputation can we make up for our losses.
Otherwise, even if we come out unscathed, there will be a lot of trouble.
One month, at most one month. I don't care what you think.
One month later, I will announce our financial situation to the public. We have more funds than anyone can imagine.
Unless you fire me, no matter what plan you have, I will not agree to it! "
Li Dong looked at him in surprise. Just as he was about to speak, Sun Tao also said. "I agree with General Manager Yuan's suggestion! One month is the limit. If we exceed one month, we cannot let you do as you please. If you do so, Far Away's brand image will be damaged. Even if we earn 500 million or 1 billion, it will not make up for our losses. "
Chen Lang agreed. "I agree too!"
Seeing the determination on their faces, it was as though they would leave immediately if he did not agree.
Li Dong was a little helpless. He nodded. "I already had plans. Before the next payment cycle, I will stop all my plans. Don't worry. Far Away is your blood and sweat, but it is also mine. I am not foolish enough to let Far Away fall here. Perhaps it won't take a month. In a few days, we can pull in the net. "
Li Dong used the word "pull in the net". He was even more certain that he had a plan this time.
Yuan Chengdao and the rest looked at each other and felt a lot more relaxed.
It was good that he was not foolish. With Far Away's strength, it would not be a problem to hold on for a month.
But as time passed, the fake would become the real thing.
If word got out that he had played himself to death, everyone would probably die of laughter.
A hundred years later, there might even be people who would remember Li Dong. He was the richest man in the world, but he played himself to death. He would definitely become a classic example in the business textbooks.
…
At the same time.
Beijing.
Han Yu's face was filled with joy. She hurriedly said, "The news has been confirmed. Far Away has really transferred their shops. Not just one, but more than ten! Looks like Li Dong is really in big trouble this time. "
Sun Yuehua, who had just joined, said nonchalantly, "I knew it was true. Far Away is short on funds. That is not a lie. When I pay the money tomorrow, Far Away will probably not have much money left. To ensure that he can fulfill his promise, it is not strange that Li Dong is selling his businesses. But it is a little strange. This guy is too anxious. Isn't he just looking for trouble by selling them now? "
Sun Yuehua said with a hint of doubt on her face.
Han Yu seemed to have found confidence when she heard that. She smiled. "He has no choice. Far Away's other businesses are not easy to sell.
The bank loans won't be able to come in a short time.
If he wants to raise money, the easiest way to sell them is to sell the shops under Far Away.
I heard that Bailian, China Resources and a few other companies had started to talk to them. Far Away's businesses are of better quality. If they let go, there will be people willing to take over.
As for the land they bought, it will be more embarrassing if they sell it now.
Regardless of Li Dong's reputation or something else, the best way is to sell off his supermarkets.
Of course, these can all be done in secret. Li Dong is really anxious this time and is a little flustered. "
Zhuang Fan frowned and knocked on the table. "Actually, I have some doubts too. This time, Li Dong is selling off his businesses in such a big way. This is not a good thing. Of course, it is true that he is selling off his businesses. If he is faking it, he will not do it in such a big way. This guy is used to being arrogant, and I don't know what to say. "
Zhuang Fan shook his head. He felt that Li Dong is too arrogant this time. You can talk to a few retail companies secretly if you want to sell your supermarkets.
Why is there a need to do it in such a big way? The whole country knows about it.
Of course, even if Feng Yu were to sell his businesses secretly, the rest of them will also know about it. When they publicize it, it will have the same effect.
The few of them discussed for a while, and Sun Yuehua said. "Since we are all here, there are a few things I need to clarify."
Han Yu looked at Sun Yuehua and Shen Xuehua. She looks like everyone owes her 5 million RMB and nodded. "Please speak, Director Sun."
"First, where should we focus on?
Second, what is the proportion of our investment?
Third, how confident are we to make Li Dong fall into a quagmire?
Fourth, how are we going to distribute the profits after this?
Fifth, think about failure before thinking about winning. If we do not succeed and suffer losses, how are we going to take responsibility?
Sixth … "
Sun Yuehua asked more than a dozen questions in a row, and then looked at Han Yu with sharp eyes.
Han Yu was relieved. If Sun Yuehua did not ask these questions, she would be worried.
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