City Dragon Blood God of War

Chapter 99 I'm so excited!

"Snapped!"

Sun Yu took out another contract and photographed it in front of Chen Wenxing.

At the same time, he said loudly:

"Eight months ago, the Chen family borrowed 20 billion yuan from Jinling Feldspar Co., Ltd. Now, the creditor of this loan has also changed to Mr. Han!"

"Snapped!"

"Six months ago, the Chen family borrowed 35 billion from Jinling Rongchang Guarantee Co., Ltd., and the creditor was changed to Mr. Han Yun!"

"Snapped!"

"Financial Guarantee Finance Company borrowed 50 billion, and the creditor has been changed to Mr. Han!"

"Snapped!"

"Snapped!"

"Snapped!"

A series of more than a dozen loan contracts, like a cannonball, were photographed in front of Chen Wenxing without stopping.

For more than a dozen contracts, the smallest amount is only a few hundred million, and the largest amount even reaches 86 billion.

Without exception, these contracts are all loan contracts signed by the Chen family from various financial companies and banks in order to expand their business, using the Chen family's real estate, company shares and other assets as collateral.

But now, those contracts are all creditors.

To put it simply, all the creditors of the Chen family turned into Han Yun!

Chen Wenxing's face changed slightly, he settled down, picked up the first contract, and began to check it.

When he saw the bond change page and Zhang Dahua signed it with his own hand, his expression immediately darkened.

"This contract is real!"

"how can that be!"

Chen Wenxing's face was extremely pale, and his heart sank again.

Only this time, it was very thorough.

It simply sank to the lowest point in the world, the Mariana Trench!

He is very aware of:

The Chen family, it's really over!

Han Yun, this evil bastard, actually cheated the sky and all the eyeliners of the Chen family, and made such a big game!

Such a big plan to destroy the Chen family!

The current social business model is like this. It is no longer like the ancient business management, where you earn a penny and spend a penny.

In order to increase profits, accelerate the scale and speed of enterprise expansion, seize the market as soon as possible, and compete with competitors.

Almost all modern large-scale enterprises will mortgage their houses, cars, equity, and even invention patents, and all other excellent and intangible assets to guarantee companies or banks.

Mortgage the assets in your hand and turn them into cash that can be used for investment.

For business operators, on the one hand, they still enjoy the right to use and ownership of the mortgaged assets, and at the same time, it is convenient for business operators. They can obtain more cash for investment and expansion of production.

For guarantee companies and banks, they can get high interest. Even if the mortgage company is not doing well and cannot repay the loan, they can force the mortgage to be taken back. It is almost a sure-fire business.

Generally, traditional enterprises, such as processing and production, agriculture and other industries, have a relatively low debt ratio, generally about half of the total assets.

In technical terms, the debt ratio is generally stable at around 50%.

But like the Chen family, with the backing of the Wang family, a big tree that can't fall down, and at the same time mastering many monopolized industries, they can be confident, have no competitors at all, and maintain an absolute monopoly super local company.

The debt ratio will be much higher. Through some gray operations, even if some assets are mortgaged multiple times, the debt ratio will exceed 100%, which is very common.

As long as the Chen family can maintain the momentum of development and continue to maintain profit growth, these debts will not pose any threat to the Chen family.

Even if the Chen family's turnover is not smooth for a while and they cannot repay the loan, relying on the power of the Chen family and the Wang family, ordinary companies and banks would not dare to go to the Chen family to forcefully recover the debt.

But now, because the creditors of these loan contracts have all become Han Yun, the nature has completely changed!

Han Yun is not the cooperative company of the Chen family, but the enemy of the Chen family!

His purpose of obtaining these loan contracts is definitely not to earn interest from the Chen family!

But to force the Chen family to pay back the money!

Chen Wenxing made a rough estimate. The sum of all the loans in front of him is exactly 430 billion.

It just exceeded the total assets of the Chen family!

A fraction of [-] million more than the latest valuation of the Chen Group!

More than 400 billion in arrears, not to mention the Chen family, even if the Wang family is included, it is impossible to take out so much cash at once to repay Han Yun!

"It's impossible! How did you get these loan contracts! These are the partners of the Chen family. How could they transfer the creditor to you? I don't know!"

Although Chen Wenxing had already learned from Sun Yu that Han Yun used a large amount of cash to acquire shares in the Su family and drove Su Zhiwen and others out of the Su family, Chen Wenxing still couldn't believe that the same scene happened in Chen at home!

Even the Wang family cannot have such financial resources!

40 billion, and 400 billion, is not a concept at all!

Even the richest man in China today is unwilling to come up with 400 billion in cash!

"Brother, are these contracts really the loan contracts of the Chen family over the years? I remember that you and Mr. Zhang of Dahua Company have always had a very good relationship. How could he transfer the loan contracts to others? And you didn't even tell?"

The fifth master, Chen Wenhai, saw that something was wrong, so he pressed it to Chen Wenxing's ear and asked in a low voice.

"Is it true? You can see for yourself."

With a gloomy face, Chen Wenxing threw the Dahua Company contract in front of him.

The fifth master, Chen Wenhai, immediately opened the contract, skipped the cumbersome clauses in the front, and turned directly to the last page, the signature page of both parties to the bond transfer.

He also suspected just now that those loan contracts were probably forged by Han Yun and Sun Yu, but he has always been in charge of the Chen family's external financing and borrowing matters, and has a lot of contact with Dahua Company.

But when he saw the signature of the chairman of Dahua Company, he recognized it at a glance. It was definitely written by Zhang Dahua himself.

You can't go wrong!

Because Zhang Dahua, the CEO of a listed company with a net worth of nearly tens of billions, is actually illiterate. Even in his own name, he can only write the word "big", and even the other two characters "Zhang" and "Hua" in his name, Can't write.

Therefore, every time Mr. Zhang signed, after writing a big crooked character, he used his right hand to make up a big handprint.

The extremely ugly "big" character that looks like a dog crawling, and the greasy red palm print with absolutely no semicolon, are definitely stamped by Zhang Dahua himself!

"Hmph, what's up, Chen Wenxing, now that I know that my death is imminent, you know that your Chen family is finished! It's so cool! Seeing you, a despicable villain, with an expression like you have eaten a fly, and seeing you being punished , I am so happy!"

Seeing Chen Wenxing's face getting darker and darker, and the expression on his face getting uglier, Sun Yu laughed.

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