The atmosphere in the room relaxed slightly.
These bosses, who controlled the lives and properties of many investors, began to converse with each other after agreeing to Chen Cheng’s terms.
The PR team from CGG that was called later was literally working on-site, drafting a joint declaration following the intent of Chen Cheng’s speech.
It was only Wen Shulin on one side who still looked worried.
She first acknowledged a debt of ten billion yuan, and then agreed to Chen Cheng’s terms based on the bank’s sa-period interest rate.
But CGG now wasn’t the institution with the backing of a parent company as before; it ant all the money had to co out of her own pocket. Upon further thought, Wen Shulin realized she had reached a dead end.
Chen Cheng noticed her worries, but due to the presence of other people, he could only say: "Hm? Chairman Wen is still not at ease?"
Wen Shulin, looking back at those concerned eyes, knew it wasn’t the ti to speak and forced a smile, "No, just thinking about so details."
Chen Cheng nodded and said nothing more, just gave her a aningful look.
And with that look, Wen Shulin understood fully.
Soon, the preliminary draft of the joint declaration involving ten institutions was completed.
The secretary approached Wen Shulin with the docunt, "Chairman Wen, please review it."
The others also paused their conversations, their gazes shifting to the thin sheet of paper.
Wen Shulin waved her hand, "Read it."
The secretary cleared her throat and began to read in a steady, professional tone:
"To all respected investors:
The Beijing Reputation Alliance, initiated by Beijing CGG Investnt, LinkedIn Private Equity, Red Mountain Capital, Daofu Asset Managent, Antai Securities, Pan Shi Investnt,... and Dili Private Equity, aims to maintain stability in the financial market and protect investors’ lawful rights.
Recently, due to market fluctuations and other uncontrollable factors, to ensure the interests of all investors, the mber institutions of the alliance will temporarily suspend the redemption of financial products.
We have conducted a comprehensive review of the questionable products, and in light of this, our alliance solemnly promises:
1. All matured products under our mber institutions will be paid in full in accordance with contract agreents, covering both principal and return.
We will mobilize all resources to ensure smooth paynt processes, and not a single investor will suffer any loss.
2. For products that have not yet matured, we will provide various flexible solutions, fully respecting the choices of investors.
You can choose to continue holding and wait for the product to mature for paynt; you can also choose to apply for partial redemption to ease short-term financial pressure; or you can choose to convert your existing products into other more stable investnt products. For specific sches, please consult your financial managent institution.
3. We will establish a dedicated custor service team to answer investors’ inquiries 24 hours a day and address investors’ grievances in a tily manner.
We will provide the most sincere attitude and the most professional service to offer comprehensive support to investors.
4. Our alliance will strengthen risk control and improve transparency to ensure the security of investors’ funds.
We will regularly publish disclosure reports, openly and transparently displaying the operational status and investnt strategies of the alliance, allowing investors to thoroughly understand their investnt status.
5. Our alliance will actively cooperate with relevant departnts’ investigations, maintain the order of the financial market, and protect investors’ lawful rights.
We believe that with the guidance and support of relevant departnts, we will surely overco the current difficulties and usher in a brighter tomorrow.
We deeply understand that trust is the lifeline of the financial industry.
This incident has caused us to reflect deeply and further strengthened our resolve to protect investors’ rights.
We pledge to take practical actions to rebuild market confidence and live up to the trust and responsibility placed in us by investors.
All mbers of the Beijing Reputation Alliance respectfully
As the secretary finished reading, the room fell silent.
Every face bore a solemn expression; this declaration was not just a promise to them, but also a heavy responsibility.
Wang Xinan removed his glasses, "I have no objections on my part."
Zhao Liangyou sighed, "Alright, let’s go ahead and release it."
Chen Jin thought for a mont, "With this release, everyone, be ready with the funds in your pockets."
Chen Cheng turned to look at Wen Shulin, "Chairman Wen, any comnts?"
Wen Shulin shook her head, then said to the secretary, "Print it out, we’ll sign it, and then release it to the public."
"Okay, Chairman Wen."
Soon, the secretary brought in the printed joint declaration, and the ten bosses signed their nas under their respective company’s nas on the declaration.
"Alright, let’s disperse for now," Chen Cheng said. "The money will be transferred into your accounts in batches, rember to arrange for the paynts promptly."
Everyone got up, their expressions varied.
So felt relieved, so appeared worried, and others had flickering eyes.
The establishnt of an alliance marked the prologue of a post-debt era; these moguls, who had sched others all their lives, were also contemplating the road ahead.
After everyone left CGG, Chen Cheng and Wen Shulin returned to the office.
Wen Shulin locked the door, walked to the sofa, and sat down, unsure of how to start.
Chen Cheng walked over, "I’ve sorted out your part."
Wen Shulin looked up at the towering man in front, "I..."
"I know things are tough for you right now, consider this money a loan from ."
Chen Cheng paused, "But unlike with the others, mine is interest-free."
"And, you can repay it whenever you want," Chen Cheng said with a light smile.
"I..." Words choked up in Wen Shulin’s throat, finally simring down to a soft "Thank you."
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