"On the evening of April 2, due to a sudden power outage combined with negligence of duty by our internal staff, our cold storage facility malfunctioned, damaging the efficacy of a batch of our raw pharmaceutical materials.
To ensure product quality, we had no choice but to make the difficult decision to destroy all the ineffective drugs and bear the huge loss.
This reluctant decision had greatly impacted our cash flow, plunging us into a crisis of a broken capital chain," Gao Yuan continued sternly.
"What about our paynt then? You’re not planning on defaulting, are you?"
"Yes, we are also waiting for that money desperately!"
"..."
Upon confird news, the uneasy suppliers instantly beca anxious.
"Excuse , sir, you are...?" Gao Yuan turned to the most agitated supplier.
"I am Kang Wenhua, the manager of Bai Yu Pharmaceutical!"
"Bai Yu Pharmaceutical? Yes, I rember now, your company mainly produces roxithromycin raw materials, right? But if I rember correctly, your final paynt due is at the end of this month, isn’t it?"
Kang Wenhua’s tone hesitated, his voice softened.
"I know it’s against the contract to press for early paynt, but given your company’s situation, I fear by the ti the paynt is due, we might not get a cent!"
He glanced at Gao Yuan, then sighed.
"Chairman Gao, honestly, I greatly admire the way your company operates.
All of us here are industry insiders and know the current situation of the industry. Even in tis of tight funds, you didn’t hesitate to destroy all the ineffective raw materials, sothing few in the industry could do!
Just for that upright and candid manner of yours, Chairman Gao, I have to give you a thumbs up," he said.
He shifted his tone.
"But we’re all business operators with hundreds of employees to feed.
Bai Yu Pharmaceutical is a small temple, unable to bear the brunt if millions in paynts aren’t recovered, potentially leading directly to bankruptcy!
It’s not that we are disregarding the contract or being inconsiderate, we simply can’t afford to take the hit!"
His earnest words instantly resonated with the suppliers present; others nodded repeatedly.
Reporter Liu Tao also brightened up at these words.
But it wasn’t out of empathy, rather his keen journalistic senses caught so underlying information in the words...
Gao Yuan noted everyone’s reactions and nodded.
"Manager Kang is absolutely right; we’re all business operators, no one has the duty to pay for others’ nobility—that’s moral coercion.
Although I’ve only recently taken over at Changqing Biological, I understand the principle of ’do not do unto others what you do not wish to be done unto you."
"So rest assured, since I’ve decided to proceed in this manner, I will fully bear any consequences and will not drag anyone else into this.
Actually, there’s already a solution regarding the company’s financial issues!"
Hearing this, everyone was slightly stunned.
"Chairman Gao, are you serious?" Kang Wenhua asked skeptically.
"Of course! Chairman Lu of the Sujiang Bank, Su City branch is also present. He ca over today specifically to discuss a bank loan with us.
Isn’t that right, Chairman Lu?"
Gao Yuan’s gaze turned towards the middle of the crowd.
Chairman Lu: "..."
Following Gao Yuan’s lead, all eyes fell upon him.
Suddenly, Chairman Lu beca the center of attention.
He was sowhat baffled, thinking, I just ca to see what’s happening. What’s this got to do with !
Especially when the dia caras turned toward him, Chairman Lu felt a barrage of curses run wild in his mind.
"Cough! Indeed, that is the case."
Chairman Lu could only nod stiffly at the crowd, cursing inwardly.
Coming over to discuss a bank loan with you is true.
But shouldn’t this conversation have been a private one?
He gradually realized, Gao Yuan was setting him up!
"Our company has always collaborated with Sujiang Bank for loans, but just recently, the bank suddenly stopped lending, coincidentally right when our cold storage facility failed, thus snowballing our financial problems.
Ah! Chairman Lu, as you can see now, suppliers have co knocking on our door, our company truly needs this loan to survive—it’s a matter of life and death.
Could your side possibly continue the loan in the sa manner as previous years to address our urgent need?" Gao Yuan said looking utterly desperate.
"You...thinking of a loan, really?"
Gao Yuan spoke politely, but her words implicitly directed the bla for the company’s financial break toward the bank.
It’s true, but to put on the spot in this setting, roasting over the fire...
What, think this will make cave in?
Chairman Lu’s face turned livid, as he inwardly scoffed.
He had seen all kinds of situations; such a petty maneuver to secure a loan was naive!
He composed himself, his expression cold.
"Chairman Gao, decisions at the bank aren’t made by alone. We have compliance, credential reviews, and need leadership approval.
Last year’s eligibility for a loan doesn’t an this year will be the sa. Our bank has a complicated review process!
I sympathize with everyone’s plight, and I understand your urgent mood, Chairman Gao.
But bank loans need to follow formal processes, not just handed out to anyone who shows up in destitution in front of us!
If I break protocol for you today, it would be an abuse of power!
Then what about those businesses that are struggling and on the verge of collapse but can’t secure bank loans, where do they turn?"
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