campus magician

Chapter 1123 The Destruction of the Qian Group (35)
It's just that there are only a small number of those who have eggs, and they are all major projects related to energy, technology, and water conservancy, and Qian Shengbiao will invest a part of them.As for the others, they use the assets here as collateral, get some money, and build a new project; then use this new project as collateral, get some money, and then get a newer project.

Then hold your own funds in your hands, always ready to trap the white wolf again.

But now, Qian Group's strong liquidity was locked up in the stock market during the game with Gao Yuan a month ago, and now these stocks have become worthless.

Those businessmen who invested in these projects under Tianjiao Group at the beginning all lost their money. Therefore, these creditors filed bankruptcy applications for these companies to the court.

In fact, the bankruptcy application is a protection for both creditors and debtors.

First of all, for the debtors, the two companies under the Qian Group are heavily in debt, and the other companies in the group are about to be acquired by Gaoyuan. Now they have no ability to repay their debts at all. After being filed for bankruptcy, the debtor companies will The existing assets are liquidated, and the compensation is as much as it is, so that there will be no need to carry huge debts in the future.

For creditors, it is very difficult to get debts. Generally, the debtors are uncles. After bankruptcy and liquidation, at least a little can be recovered.

Of course, to carry out bankruptcy liquidation, the wages and social security funds of the company's employees must be repaid first, and then the creditors will be compensated.

Therefore, ordinary employees of enterprises are generally not afraid of bankruptcy, because even if they go bankrupt, they can still get what they deserve.

But after the bankruptcy and liquidation, people discovered that these companies under the Qian Group were not only insolvent, but their company did not invest any funds in the major projects of these companies at all. It's a chicken to lay eggs, and now if something goes wrong, even the employees' wages and social security funds cannot be paid.

After listening to Wen Ya's detailed talk, Gao Yuan couldn't help but sigh with emotion, Qian Shengbiao is really daring enough to speculate to such an extent.

(End of this chapter)