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Chapter 1486 At the beginning of the Sanyuan Group

"Wang Gaoyuan is a lawyer next to Yu Xin's father. After receiving the reuse and trust of Yu Xin's father, he may have made a lot of contributions to the development of Sanyuan Group. After that, he became one of the shareholders of Sanyuan Group. Maybe he has relatively strong funds. I don't know this. In short, he is a shareholder of Sanyuan Group, not a small shareholder. After that, he has been secretly making arrangements and secretly bribing various middle and high-level managers of Sanyuan Group, and everything is going on. Not only middle and high-level managers, but also secretly having some tricks with other shareholders of Sanyuan Group. Then, he encouraged Sanyuan Group to carry out a European hotel project, which was very large and invested billions of yuan. This hotel project is the fuse to the demise of Sanyuan Group."

"Of course, investing in this project was not because of a decision-making mistake or Yu Xin's father's incompetence, but because the development of Sanyuan Group at that time had reached a bottleneck. At that time, Sanyuan Group was larger than the current Chengying Group, and you can know that this is the truth. For the further development of the company, this decision to invest overseas was made. For this project, Sanyuan Group launched a large loan, which made the debt ratio of Sanyuan Group reach an extreme. I remember it also reached more than 80%. Then, the project started, and all the money was invested, but it was stuck in Europe, causing a lot of trouble. The project was unable to promote it. As long as the project could not be promoted, it needed to continue to invest and maintain the project. This was a bottomless pit. This made Sanyuan Group's debt ratio continue to rise, reaching a dangerous level. And here, Wang Gaoyuan also seized the opportunity and started to go to Sanyuan Group in the right place.

Inside the internal situation, he instigated other shareholders to jointly fight against Yuxin's father on the grounds that Yuxin's father failed to make a decision to invest in Europe. Yuxin's father naturally responded hard in order to maintain his own management, which caused other shareholders to hate Yuxin's father. On the other hand, he began to bribe the middle-level managers, who all held the power, which made these people start to have problems in various decisions, which suddenly led to various trust crises of trust in the originally stable Sanyuan Group. The market suddenly lost trust in the Sanyuan Group, and the performance declined, and it was a large-scale. However, at this time, the Sanyuan Group's capital chain was very tight due to European projects and high debt ratio, and Sanyuan Group suddenly entered a crisis. Although Yuxin's father had done many countermeasures, because of the opposition between shareholders and the failure of middle-level managers to follow, these countermeasures could not be implemented at all, and Sanyuan Group was in danger at once."

"At this time, European projects still have to continue to spend money. Yuxin's father had no choice but to continue to borrow and his debt ratio continued to rise. At this time, Sanyuan Group's shares had become worthless. On this side, Wang Gaoyuan began to secretly acquire shares in small and medium shareholders at extremely low prices. On the other hand, he joined forces with external companies, that is, the current Xuri Real Estate and Wang Yi Industry to suppress the real estate, retail and other related industries under Sanyuan Group, and further escalated the crisis of the entire Sanyuan Group. At this critical moment, Yuxin's father was critically ill and then died. Yuxin took over as chairman of Sanyuan Group, leaving Yuxin a mess. The entire Sanyuan Group suffered losses and suffered huge losses. European projects were directly suspended.
Chapter completed!
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