Chapter 2464

Su Can also sat down.

The first ones on both sides of him are Lu Guoqiang and Wang Er. Taking turns, these two people are also the two oldest people..........

Back then, Su Can gave all of his net worth, 300 yuan, to Lu Guoqiang to make a broken radio. Lu Guoqiang was the first to do so.

Then, Lu Guoqiang brought Zhang Qiang and Huang Xiaowei under his command.

Behind, there are more and more people.

Su Can identified everyone, and they were all in charge of an industry. logistics! daily consumption.

There are also major industries such as technology, and these people under Su Can are involved.

Even banks like Minsheng Bank and Ping An Bank, except for Su Can's Vientiane Group and Yong'an Bank in Xiangjiang, were established in the early years.

These people also invested in it.

Although there are not many shares, there are some who are above seven or eight.

Basically, in many domestic industries and some chambers of commerce, these people under Su Can are in them, and their status is really not low..........

Some are still at the president level.

For example, Lu Guoqiang is the president of the Pengcheng Chamber of Commerce, and Wang Er is the president of the Yanjingcheng Chamber of Commerce. Their official status or other status is not low.

"Third brother is back, and now we finally have a backbone."

Wang Er flattered him.

Zhang Qiang said with a smile:"No, the financial crisis that broke out during this period has scared me to the point where I can't eat well or sleep. Now that I see Third Brother, I feel much more at ease."

"right! This crisis has spread too widely. Li

Dong nodded.

Dachun said,"Isn't it?" It has only been a month, but the impact has been so huge. It will take at least a year to survive this crisis! Lu

Guoqiang continued:"Because of this crisis, many foreign orders have been cancelled, and the scope of the impact has begun to expand.""

"In Pengcheng, I saw some foreign trade factories. Because foreign companies directly canceled orders without paying the final payment, their products could not be sold, and they were all squeezed. In addition, they relied on bank loans to operate. Yes, you have to pay interest every month........."

"It's only been a month, how long has it been closed?"

He felt a little emotional in his heart, but when he looked at Su Can, his eyes were full of admiration and respect.

Because, on this day, he understood that the third brother had told them not to rush to expand, but to expand slowly step by step. Come, be down-to-earth.

Don’t have high debt ratios, reserve more cash flow, how important this is.

Just like this financial crisis, after it broke out, those companies that relied on high debt ratios to develop rapidly, Many collapsed.

That's right!

Because orders dropped, there was no repayment, and there was no way to repay the debts owed by banks and other parties. In addition, there was no cash flow reserves in hand.

So, they collapsed and went bankrupt.

And their country was strong. The electronics factory is different.

Because of its early development and the influence of Su Can, in terms of company operations, it never develops quickly with high debt. Instead, it develops steadily...........

Over the years, I don’t owe much in bank loans, which is completely manageable.

In addition, cash flow preparations are also very sufficient. Even if the company is not operating, relying on the current cash flow, it can pay employees' wages for several years.

This is very rare in today's society.

Because it seems that many companies with market capitalizations exceeding tens of billions and reaching hundreds of billions only have enough cash flow to pay their employees' salaries for about half a year.

Companies that achieve a year's cash flow are considered very good.

As for Guoqiang Electronics Factory, it has reached an astonishing three years.

This is absolutely miraculous.

In this day and age, how many companies that were able to get loans due to their background connections took out loans like crazy and expanded like crazy and fast.

Let capital cover up the weaknesses of the product, making it look like high-rise buildings have been erected, and the company's market value has been rising rapidly.

In fact, the debt ratio is as high as 80 to 90 percent.

These are castles in the air with no foundation and will collapse sooner or later.

As long as the bank stops lending and urges repayment of the loan, this company will basically be completely destroyed soon. There is no doubt that.......... and!

This is why some people use this method to annex some companies. Under certain rules, this is completely reasonable and legal.

As for a company with good cash flow, if the other party wants to use conspiracy to deal with it, there is basically no way.

But there were too many loans.

If someone asks him to repay the money in accordance with the contract, even if he is the richest man in the country, he will be exhausted. Sooner or later, he will collapse.

"The business in the north is also a bit difficult, because under the financial crisis, the impact of the polar bears is still very large."

The tiger sighed:"Their economy was already very weak, but this time the financial crisis swept through, many people's incomes were greatly reduced."

"Many people have also been laid off. Without job opportunities, there is no source of income."

Xu Hengtai looked at it and then said:"In terms of the property market, there is not much impact for the time being, but this impact will definitely appear in the future."

"Domestic companies have also closed down, and many people may have no income and thus cut off their supply, and real estate sales will decline.........."

"We have made some preparations to minimize the losses."

After hearing what Xu Hengtai said, Su Canduo took a few glances.

Unlike others, Xu Hengtai was a big shot in his previous life. He relied on his own skills and ability to make the company very big. At one time, he became the richest man in the country..

This person is not underestimated in terms of strength.

But in this life, Xu Hengtai was taken under Su Can's command. With Su Can's resources, Xu Hengtai could do more.

Today's Hengtai Real Estate has also developed more than It was much better in my previous life

"The impact of the tourism industry is very large, especially for foreign tourists traveling domestically. In this month, the number of people traveling within the country has dropped by half. This is the largest impact in more than 20 years, and the subsequent impact will be even greater."

Xiao Ping also spoke.

Back then, Su Can's little nanny was almost sold by her father to the village chief's silly son in exchange for gift money for his son's marriage, so she ran away. She was recruited by Su Can and served as the nanny..now

_..........

Xiaoping has become a big boss in the domestic tourism industry, the largest private tourism industry, and the vice president of the Tourism Association.

Now, he is also a big shot. ps please subscribe please subscribe