Ants exploded, I opened a power plant to supply power to the world

Chapter 286 285 All the capital was spent, but it still couldn't retain users

After hearing this, Mao Xuehan, who was about to get angry about not knocking on the door, suppressed his anger.

He had already made up his mind to listen to what this person had to say. If it was really a big deal, then it would be fine. But if it was really a trivial matter, he would give the person a good scolding for rushing in without knocking.

"Tell me, what's going on? Is the sky falling? I know all the rumors just now. Just arrange to issue a group announcement immediately."

For Mao Xuehan, he didn't think too much about this matter at first.

It's just a bit disgusting. It damages the reputation of their group and Mao Xuehan, and hurts their image.

"Boss, our business halls are now overcrowded. Everyone is clamoring to get their prepaid electricity bills refunded. If they are not refunded, they will make a scene! Now, some people have even come to the group headquarters to ask for a refund."

Originally he thought it was no big deal, but now Mao Xuehan really knows what it means for the sky to fall.

Although his heart was already in turmoil at this moment, he still pretended to be calm and asked what was going on.

"What's going on? Why is the refund being made? How much money is involved in the refund? How many users?"

After asking this question, Mao Xuehan still held a glimmer of hope in his heart. He hoped that this matter was not as bad as he imagined.

But the results were cruel.

The massive refunds caused by the crisis of confidence are like a bank run.

In fact, in a properly functioning bank, most of the deposits will be circulated, so that there will be profits.

For example, a large amount of deposits absorbed are used for lending, so that sufficient interest rate growth can be paid to customers. There are also investment projects, etc.

But this also means that even if a bank absorbs 10 billion in deposits, it is impossible for the bank to have 10 billion in liquid funds available in its account.

In fact, the funds that can be taken out may be only one or two billion yuan, or even less.

This is the case with all banks, and it's a healthy flow.

And under normal circumstances, users deposit their money into banks, and while the money is circulating, most people will just keep it.

Even if you withdraw money, you will not withdraw a large amount at the same time, which is a healthy state.

But when a bank run occurs, all of this is broken. You try your best to explain to users, but the bank run and stampede caused by panic are unavoidable.

Customers will not listen to your explanation, they will just try to withdraw all their money to prevent their own losses.

Moreover, such actions must be quick and unified, as everyone is worried that they will not be able to withdraw their money if they are a little late.

In this situation, anything the bank does will be futile, only strong measures will be useful.

After all, as people are taking their money out, they will find that some people cannot take it out. But although this is normal, users don’t care about it.

They now feel that their choice has been proven. There must be something wrong with the bank and there is no money. Otherwise, why can't they withdraw the money?

So the situation will only get worse. The less money they can withdraw, the harder they will try to withdraw.

At this time, in addition to finding a large amount of funds to provide to users, the money will be available when you come to withdraw it, or there will be strong endorsement and support from official institutions.

Otherwise there is no other way.

……

This is the situation with Hanxue Electric Power now. As rumors spread, everyone thinks they have problems, and now they are rushing to withdraw the electricity bills they had prepaid in advance.

If we don’t refund their money, I’m afraid the crisis of trust will further expand.

This is what Mao Xuehan was thinking. This time he might have to grit his teeth and bleed a lot, and spit out most of the money he had earned.

But the figures his men gave him made him give up.

The customers who are now clamoring for a refund account for more than 50% of the electricity bills that were prepaid some time ago, and more than half of them want a refund.

Moreover, this news is still spreading, and many people are on the way to getting involved.

The number of these people is not expected to be too small.

This also gave Mao Xuehan a headache. With so many people standing up and asking for a refund, he was afraid that he would not be able to get a refund even if he wanted to.

After all, no matter how much a company’s market value or assets are, cash flow is only a small part.

They used this to supplement a huge amount of cash flow some time ago, but they also spent a lot of money, including introducing various materials and equipment.

With so much money being withdrawn now, the group’s balance sheet is not enough.

But if the refund is not made, the consequences will probably be even more serious. Now I have no choice but to pay for it myself and use my savings to pay the group.

To be honest, this is also one of Mao Xuehan's courage.

Most people can't really do this, and Mao Xuehan now knows clearly that if he can't get the money out, he has to refund those users.

What will happen next will be even more serious. The market that we have managed to hold on to with great difficulty will be given to Zhetong Electric Power.

Now he and Lin Zhe are on opposite sides, and he doesn't want to admit defeat.

After some thought, Mao Xuehan made a decision.

"Make arrangements to replenish all available funds on the group's books and refund those users who requested a refund. As for the remaining gap, I will immediately inject capital into the group."

……

Mao Xuehan personally issued this order, so all the business halls of Hanxue Electric Power can breathe a sigh of relief, otherwise these users would feel like they would have to rip the roofs of their business halls off.

And now, all this has finally come to fruition.

They began to arrange refunds one by one. In addition to the current cash flow flowing on the group's books, the remaining money from Mao Xuehan was also added.

After controlling the Jincheng electricity market for so many years, Mao Xuehan's own personal treasury is still quite rich.

After doing all this, Mao Xuehan started making phone calls one by one.

At the beginning, he personally went to find some "big customers" in Jincheng and deposited a large amount of funds worth hundreds of millions.

Now he has to keep these people steady. These people are the big guys. Once they come in and ask for a refund, things may get even bigger.

So Mao Xuehan personally called each one by one, hoping to stabilize the situation as much as possible.

This can be considered a two-pronged approach, and he has achieved the best solution for him at the moment.

……

On the other side, Lin Zhe was also paying attention to this matter.

What does Yan Xi do? Her family owns a bank, and Lin Zhe, as her lover, naturally knows the twists and turns of the bank.

This kind of bank run crisis is basically very difficult to survive. In any case, Xuehan Electric Power is in big trouble this time.

Just now, Mao Xuehan was probably so angry that he called me.

He started cursing over the phone, which was not decent at all. Mao Xuehan thought Lin Zhe was making trouble, and the mastermind behind all this was Lin Zhe and Zhetong Power Group.

There is nothing wrong with this speculation, after all, their only competitors now are each other.

But this was really not done by Lin Zhe, Mao Xuehan just didn't believe it.

Sometimes things happen with some unexpected coincidences. According to Lin Zhe's speculation, he was just waiting for the right time.

That is, the number of users of Zhetong Electric Power will gradually increase, and it may take more time to get users to give up Xuehan Electric Power through service comparison.

But unexpectedly, it was such a coincidence that Lin Zhe is the one reaping the benefits.

……

After hanging up the phone, Lin Zhe also knew Mao Xuehan's response measures. He knew that he had no choice but to bleed money to allow a large number of people to successfully refund their money.

Of course, Lin Zhe also knew that if this situation got worse, Mao Xuehan would be in even more trouble.

Now, through Mao Xuehan's two-pronged strategy, the "bank run" situation has been almost curbed.

But he just called me and started to curse me without any manners or decency. If I don’t do something, wouldn’t all the scolding be in vain?

He was indeed not the culprit of this incident, but after Mao Xuehan scolded him like that, he was determined to be the one who caused it.

If we don't find a way to beat Hanxue to death, who knows what despicable means he will use on Zhetong when he recovers.

What's more, he had done such bad things before. He recruited 70 or 80 people to smash and destroy the group's factory and also hired someone to steal a few boxes of Volt Ants.

Lin Zhe would never show any mercy in such matters. Being kind to the enemy would be cruel to oneself. This truth is as simple as it can be.

When Hanxue Electric Power recovers, Mao Xuehan might take the initiative to spread all kinds of rumors about Zhetong Electric Power, including all kinds of despicable offline tactics.

Although it has no impact on Lin Zhe, his cash flow is not afraid of those accidents at all, but it is still disgusting enough.

So Lin Zhe had made plans. Didn't Mao Xuehan call him a shady disciple who used dirty tricks? Then he really had to use some dirty tricks to add fuel to the fire.

We can't let them slow down.

After thinking about it, Lin Zhe made the arrangements.

……

A large number of users are afraid that the Hanxue Power Plant will suddenly collapse. By then, the electricity bills in their accounts will be gone before they have a chance to use it, and their money will be wasted.

But Hanxue Electric Power was very generous and arranged a refund shortly after I went to the business office.

After deducting the refund, the money was transferred into their accounts one by one, which made these people feel relieved and set an example for others.

In addition, Mao Xuehan himself also issued a statement saying that all of them were rumors and that Xuehan Power was operating normally.

This also gives consumers a certain degree of confidence. After paying a huge financial cost, the situation has stabilized.

Mao Xuehan here can finally take a breath.

Users here are also gradually beginning to feel reassured. Some who have already received refunds can directly switch to Zhetong Electricity. Of course, some people have even paid again to switch back to Hanxue Electricity.

The main reason is that they find it troublesome and think that since there is no risk, they might as well continue using it.

This matter was not so bad at first. Some people who got the news later and were planning to go to the business hall to get their money back gave up the idea.

The business halls of Hanxue Electric Power in various districts of Jincheng finally got a chance to catch their breath.

Every business hall had been crowded since the morning, but now there were finally fewer people.

……

But in the afternoon, another piece of news suddenly came out.

There are actually big problems within Hanxue Electric Power. Go and get a refund now while you can still withdraw the money. If you go too late, you won't be able to get it back.

Some of the Hanxue Electric Power Business Offices are no longer able to refund.

This piece of news spread quickly after it came out, and unlike the previous ones, the direction now was very clear, which gave everyone a psychological hint.

It implies to these people that Hanxue Power is only stable on the surface now.

In fact, there is still a big problem, and the money must be refunded as soon as possible. They are trying to refund users just to maintain apparent stability.

But if you go too late, you can't get your money back. After all, there is only so much money and it's first come, first served. If you go too late, there will be nothing left.

As soon as this news came out, those Hanxue Electricity users who had just put their minds at ease jumped up from their stools again.

To be honest, this made their hearts beat again, and they all planned to go to the business hall to get the matter done.

Not to mention anything else, just this news comes one after another. Regardless of whether it is true or false, at least my heart can’t take it.

So they are determined this time. No matter what happens, there are so many things to do with electricity in Hanxue. They are so nervous about using electricity. Where can they seek justice?
It is much easier to just switch to Zhetong Electric Power. At least you don't have to worry about anything. The main benefit is peace of mind.

After all, Zhetong Electric Power's territory is not limited to Jincheng. Any of Binhai, Suwu and Shancheng are much larger than them.

Therefore, there is no need to worry about any problems with Zhetong Power. On the contrary, there is only one local power company, Hanxue Power, and it is only located in Jincheng.

So there is still some risk.

After weighing the pros and cons, it is better to choose Zhetong Electric Power directly.

Besides, people are saying now that Xue Han Electric Power spends less money, so it becomes a competition of who is quicker and who is more efficient.

Time is running out and there is no time to analyze what is right or wrong, true or false. You should hurry to the business hall to get a refund. If you are late, you may not have any money to refund.

……

Jincheng Rongxin Group, their person in charge of logistics was found by Mao Hanxue's people some time ago, and then recharged 5 million into it.

By now, this news has spread throughout Jincheng, and naturally has also reached the top management of Rongxin Group.

Of course they knew about this matter before, and now they naturally started to worry after receiving this news.

It’s okay for ordinary users, but they have 5 million dollars, so if something goes wrong the loss will be huge, and their chairman himself is a very cautious old man.

Now when they heard this, they couldn't sit still. At that time, they recharged 5 million and Mao Xuehan gave them 500,000, which was a 10% return.

Now he didn't want the five hundred thousand anymore and made the decision immediately.

"Hurry up and arrange for the company's legal department to go over there and return the 500,000 yuan, and then ask for a refund for the electricity bill we recharged!"

"Of course, we can give them a guarantee that we won't change the power company first, but they have to return the money to us!"

Now just tell them to calm down and return the money first.

As for the future, Mao Xuehan has no control over which electricity company he wants to use.

(End of this chapter)