Chapter 3253
Words:922Update:23/04/03 09:57:51
He had wanted to talk to Mu Yazhe about the Mu family in front of everyone. Now that he had been rebuffed by such a casual remark, he felt extremely embarrassed!
After Mu Yazhe and Yun Shishi had left, Mu Linfeng was still unable to catch his breath. He sat in his seat with an ashen face.
This brat had grown wings now. He even dared to refute his words!
However, he did not think about how he had tried so hard to drive Mu Yazhe out of the Mu family, leaving no room for negotiation. Now, it was simply wishful thinking for him to get any benefits from Mu Yazhe!
The people sitting at the same table as him were the directors of several multinational consortiums. When they heard this, they smiled and said, "Second Mu, today is CEO Mu's big day. What business do you have that you have to talk about on the table?"
"Don't tell me it's about the Mu Group's recent shortage of funds?"
Wang Qianshi, the director of Shenghua Financial Group, laughed and said, "I heard from my assistant some time ago that someone from the Mu family came to see me. Second Mu, is it about this matter?"
"Haha! How could the Mu family have a shortage of funds? "
Another man, whose background even Mu Linfeng did not know, was actually on the same level as Wang Qianshi. He laughed and said, "Mr. Wang, you haven't been in the country for so many years. Don't you know? The Mu family is the wealthiest family in the capital. The consortium manages hundreds of millions of assets. How could there be a shortage of funds? "
Mu Linfeng could not express his bitterness. He was holding back his anger but had nowhere to vent it.
That's right!
The Mu Group used to be rich and powerful. Its capital pool managed hundreds of millions of assets. It used to be glorious.
However, these funds were controlled by several directors of the consortium!
When Mu Yazhe left, these shareholders quickly withdrew their shares and took hundreds of billions of assets with them to the Shengyu Financial Group. Now, the Mu Group only had a reputation. However, only Mu Linfeng knew what it was exactly!
It was already considered good if the Mu Group's capital pool could have a few billion in funds now!
The company had a pile of bad debts and countless old debts!
There were so many assets under his name that were crying piteously for financing, but there was a gap in the capital chain. Every day the project was put on hold, the losses would increase by tens of millions. Now, he was already heavily in debt and could not make ends meet!
Now, they could only rely on the medical industry to survive, but they didn't know how long they could last!
Many projects became non-performing assets and were forcibly purchased by the state.
On the surface, the Mu family was still a glamorous and wealthy family, but no one knew how difficult it was for Mu Linfeng to maintain this reputation!
However, he could not admit defeat, nor could he spread the news that Mu Group was no longer what it used to be and was insolvent. If he did that, the few shareholders who were originally guarding Mu Group would definitely leave when they saw that Mu Group was no longer as powerful as it used to be!
In previous years, Mu Yazhe had been the one to lead the board of directors. The meetings were all about investment and development in various fields.
Now, in addition to constantly reporting bad debts, Mu Linfeng was also racking his brains to appease the board members' anxious emotions and construct an ideal investment direction for them.
However, no matter how perfect the blueprint was, it was just empty praise!
The Mu Group had really lost its momentum!
Mu Linfeng had also thought that if not, he might as well thicken his skin and simply invite Mu Yazhe back to take charge of the overall situation!
However, he could not swallow his pride and did not dare to act rashly. He was afraid that Mu Yazhe would be ambitious and take over the Mu Group in one fell swoop.
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