Chapter 782: Chapter 785: Murong Fei?!
The cities surrounding Beijing had been smothered by severe smog for several days, like a girl on her period, during which you couldn’t do anything.
Flights were grounded, highways closed, and Qin Tian was trapped in Beijing, only able to communicate with Lu Qing over the phone, remotely managing the affairs of Qin Real Estate and the hotels.
But this was not a sustainable solution.
Without a clear understanding of the causes and consequences, Qin Tian couldn’t find the best course of action.
On top of that, Zhou Yang, Xiao Zhuang, Lin Yu, and Cao Guojun had all gone to Southeast Asia to attend a eting of the Asian rcenary Association, leaving many of his own Zhonghai city comrades absent.
With no choice left, Qin Tian simply reiterated the situation and then asked Jiang Hu and Wild Boar to help investigate the hotel incident.
The issues with Qin Real Estate were mainly annoying disturbances created by the property owners, but the critical issue was the break in the financial chain. Hence, Qin Tian’s request for Jiang Hu to investigate was of no use.
Conversely, the death by poisoning of a guest at Qin Hotels seed dubious. Qin Tian felt that a guest wouldn’t just be poisoned for no reason; it could be soone’s doing. An investigation might just yield so results.
Now that he had so downti, Qin Tian’s biggest worry was the financial chain collapse of Qin Real Estate. The disturbances by foot dragging property owners could be dealt with later. Once he returned to Zhonghai City, he would surely find a solution.
However, the sudden cessation of a two hundred million yuan loan by the bank was troubling.
There were two projects, each having been loaned two hundred million yuan, now jeopardized, aning Qin Real Estate was suddenly short of four hundred million yuan!
But the current problem was that construction had already comnced, and Qin Real Estate had signed paynt contracts with the construction party, with two paynts due in two days, each amounting to a hundred million yuan.
This money was ant for the construction party to pay the wages of its workers.
Now, at year-end, the paynt of wages to migrant workers was a sensitive issue that couldn’t be delayed.
Thus, within two days, Qin Real Estate had to co up with two hundred million yuan in cash. Otherwise, not only would there be the major issue of wage arrears, but there would also be a compensation for breach of contract, which would be a loss larger than the gain.
More importantly, if the money wasn’t provided, and the construction stopped, the completion ti of the project would be pushed back again and again... At that point, Qin Real Estate would face daily losses of hundreds of thousands in costs. Additionally, failing to deliver the houses on schedule would cause the property owners to create disturbances again, and such a cycle could collapse even a large real estate company!
Thinking about this, Qin Tian felt extrely frustrated, "Two hundred million... in two days, precisely speaking, one day. I have to co up with the money by tomorrow. This is too urgent, what should I do?"
Originally, War Dragon had so money, but Cloud Island had just increased several project investnts, mainly used for training War Dragon team mbers, and also built a conference building and an entertainnt building, spending over a hundred million... Now, War Dragon was also out of money.
After much thought, Qin Tian finally ca up with a brute-force solution—
Sell the Ye Family estate!
The Ye Family estate was worth at least ten billion yuan.
By selling it, a few billion would be secured without needing a bank loan, instantly solving Qin Real Estate’s financial strain.
But the problem was, there was no way to sell it in one day!
Even going to the bank for a mortgage loan would take more than one day to process!
"Damn, what should I do..."
Qin Tian thought about it until the next day, then he called Lin Qiushun to ask if Qin Pharmaceutical had any cash available.
Unfortunately, although Qin Pharmaceutical had indeed made a good amount of money this year, it was mostly invested in acquisitions of subsidiaries and other investnts. Indeed, there were several billion yuan, but it was all in receivables. And with the year-end, the company staff was actively collecting dues, but they wouldn’t be able to collect even a billion yuan in such a short period.
In this urgent situation, with only half a day left, Qin Tian was left with no choice but to resort to one last thod—
Borrow money.
He thought of two people, Murong Fei and Zhang Runhao.
But, this was about borrowing two hundred million yuan, and urgently, at that!
Could they provide it?
Qin Tian thought it over and decided to give it a try.
He first called Murong Fei, but her phone was turned off.
Having no other choice, Qin Tian had to ask his apprentice Zhang Runhao for help.
"Master, two billion... that’s a bit much..."
After understanding Qin Tian’s current situation, Zhang Runhao also found it sowhat difficult to handle.
"The key issue is that you need it too urgently, and in cash... On my end, I can only manage to co up with several tens of millions... huh..."
Zhang Runhao scratched his head over this matter, being a straightforward boy, he would definitely do his best to help his master.
After thinking it through, Zhang Runhao said, "Master, let
ask my friends to pool in. Give
an hour, I’ll think of a solution. I’ll call you back after an hour, alright?"
At this point, Qin Tian could only let Zhang Runhao find a way out.
"Damn, I better not find out soone is screwing with , or I’ll kill them!"
After hanging up the phone, Qin Tian was furious.
With Qin Real Estate and Qin Hotels in trouble, Qin Tian vaguely felt that this was definitely not a coincidence; soone was targeting him!
The key issue was that these incidents had co too suddenly, completely catching him off guard.
This situation had pushed Qin Tian into a very embarrassing spot, desperately gathering money, utterly distraught, with Lu Qing unable to eat or sleep for days, feeling distressed, anxious, and angry!
Qin Tian lit a cigarette and sat on the sofa waiting for Zhang Runhao’s call.
But before Zhang Runhao could call, Lu Qing’s call ca through.
"Sister Qing, don’t worry, I’m figuring things out. I should be able to raise the money today, no problem."
As soon as Qin Tian picked up the phone, he imdiately tried to reassure Lu Qing.
But what Lu Qing said on the other side of the phone shocked Qin Tian, "No need, Qin Tian, the money issue has already been resolved."
What?
Resolved?!
Qin Tian extinguished the cigarette in his hand and asked, "What happened, Sister Qing, did you get a bank loan?"
"No..."
Lu Qing sounded hesitant, and although it seed like the problem was resolved, she felt sowhat uneasy.
"What happened? How was it resolved?" Qin Tian pressed on.
Lu Qing thought for a mont, sighed, and said, "Murong Fei, it was Murong Fei."
"Murong Fei?!"
Qin Tian exclaid in surprise, thinking to himself, wasn’t her phone off and unreachable, how could she...
Lu Qing continued, "Murong Fei must have found out that you are the hidden owner of Qin Real Estate. After this incident ca to light, she learned about the situation, knew that Qin Real Estate couldn’t secure the loan, and needed several billion in funds, so she..."
Lu Qing paused for a mont, clearly moved and grateful in her tone.
"So she... I heard that she’s been running around these past few days, taking out all 80 million in cash that Murong Group could muster, and then a few days ago, using her relationship with the banks, she mortgaged Murong Group’s office building, her Green Bamboo Forest Villa, and her Porsche, and borrowed three billion from the bank..."
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