Take a bite of pudding

Chapter 1446 Let's Die Together

Many things in this world cannot be inferred by common sense. For example, Yang Yuan's work report was actually very correct, in line with the future development of the company, and did not cause much harm to national interests.

After all, they don't even plan to make money from their own countrymen with Fantasy Computers; instead, they plan to make money from foreigners. What harm could there be?

However, when this news spread, it was slightly fermented online and directly turned into a sensational headline: "Stop Him: Fantasy Computers Wants to Run Away!"

Good heavens, they directly labeled Fantasy Computers as running away, and the core idea of the entire article was this, believing that Fantasy Computers had already made enough money from its compatriots in China, and now that the market was not as expected, it intended to turn Chinese Fantasy Computers into foreign Fantasy Computers.

Such an article is actually full of loopholes. For example, unless the equity changes, or the company's headquarters is directly re-registered in another country, Fantasy Computers will always be a Chinese enterprise. Even if it wanted to become a foreign enterprise, foreign countries might not necessarily accept it!

But when such a sensational article was published, Fantasy Computers once again found itself on the receiving end of public criticism, with everyone wanting to spit on Fantasy Computers and trample on it a few more times to feel better.

"Huang He! You despicable villain!" Seeing the public opinion online, Yang Yuan let out a heart-wrenching roar.

But Yang Yuan was actually wrong about our boss Huang this time. He really didn't push anything on the internet this time, and this article was just written by an unsuccessful young reporter who added fuel to the fire to gain fame.

Even the leak of this meeting had nothing to do with boss Huang. As for who leaked the meeting content, no one knows.

But the influence of this article far exceeded the author's expectations.

This author originally only intended to climb up by stepping on Fantasy Computers, greatly increasing his visibility in the industry.

And the relevant authorities did not take this article seriously because Fantasy Computers could not run away at all.

But the suppliers of Fantasy Computers' films in the banks did not know. Fantasy Computers had a tradition of owing suppliers for goods. It often took a year to pay, under the pretext of paying uniformly near the end of the year to let everyone have a good year.

But in the final analysis, it was just some tricks played by Fantasy Computers.

In the beginning, Fantasy Computers really had no choice but to delay payments. At that time, Fantasy Computers needed funds for development, and the computer industry was a capital-intensive industry because it required a large amount of money to purchase various expensive computer components.

At the same time, computers could not be sold immediately after production. There would be a large backlog of goods with dealers, which was equivalent to money being tied up in banks and unable to be withdrawn.

The money of Fantasy Computers was often received a little, and the next second it had to be used to pay for suppliers' goods, which led to Fantasy Computers being unable to afford to expand further.

So Fantasy Computers simply chose to delay payments, not settling payments every month, but transferring all payments to the end of the year.

There was also another regulation that payments from September to December of each year would be settled in the following year, instead of being settled directly at the end of the current year.

In this way, Fantasy Computers' funds instantly increased by billions, and they could use this seemingly extra money for various investments and expansions, rapidly building the vast empire of Fantasy Computers.

Suppliers were naturally unhappy about having their payments delayed, but Fantasy Computers insisted on delaying them, and suppliers had no choice. And you couldn't threaten them by refusing to supply goods, because there were so many suppliers in the market, if you didn't supply, others would.

Only whether Fantasy Computers would still be willing to settle your accounts at the end of the year, only heaven knows.

Moreover, at this time, Fantasy Computers had already achieved near-monopoly in the domestic finished computer market. If suppliers did not cooperate with Fantasy Computers, they would really not find another collaborator who could provide such a large volume of orders.

In addition, although Fantasy Computers' behavior was infuriating, they did settle accounts according to the rules at the end of the year, and there were no further delays. Thus, suppliers gradually defaulted to this rule.

Even when Fantasy Computers had more money later, they should not have used such methods. However, Fantasy Computers found that this method was extremely effective in firmly controlling suppliers, making them even afraid to speak loudly to Fantasy Computers, otherwise their annual funds would be fully delayed.

A supplier had a conflict with Fantasy Computers, which led to Fantasy Computers delaying their payment for four years. By the time the payment was settled, this supplier had also gone bankrupt due to a broken capital chain.

With this example, other suppliers naturally dared not conflict with Fantasy Computers, and Fantasy Computers indirectly controlled these suppliers, allowing them to arbitrarily lower prices to extract more profits.

However, in recent years, Fantasy Computers' previous year-end settlement policy has become impossible to implement. They often only settle half or even one-third of the payment, and the remaining payments are delayed again and again, while also requiring suppliers to continuously supply goods.

The result was that Fantasy Computers, with a total market value of over 120 billion Hong Kong dollars, owed various suppliers over 140 billion yuan in payments that had not been paid.

However, the more Fantasy Computers owed, the more obedient the suppliers became, not daring to offend them in the slightest, and still having to continuously supply goods. Thus, this conflict had not erupted.

Until this year.

First, the introduction of domestic mandatory clauses made hardware related to binary computers almost lose their market. Fantasy Computers had to procure goods from the official platform of the China Electronics Technology Industry Alliance.

At this time, another benefit of this official platform for suppliers became apparent: strict review of cash flow. Both purchasers and suppliers must submit their financial flow statements within three months.

And if the submissions were not made on time, the transactions could not proceed.

In other words, if Fantasy Computers wanted to purchase parts on this platform, they had to settle the payments within three months. For many suppliers, this was the fundamental reason why they wholeheartedly wanted to stay within the alliance framework. After all, when running a business, the most feared thing is various outstanding debts, and the platform perfectly helped them solve the problem of outstanding debts.

And this rule meant that if Fantasy Computers wanted to operate normally in China, they had to invest all their limited funds into the procurement of quintimal computer hardware. As for the suppliers of the previous binary products, they would have to wait until they had more funds.

Therefore, the suppliers of Fantasy Computers were all in dire straits during this period. They originally had a sliver of hope that Jiangnan Group would successfully acquire Fantasy Computers and then take over all of Fantasy Computers' debt problems, so they would no longer have to worry about payments.

After all, Boss Huang's commercial reputation was world-renowned. Except for owing the bank a small amount of money when selling shoes that year, he had not been seen to have any bad debts since then. He was truly a conscience of the industry.

However, not only did the news of the breakdown of negotiations come, but more importantly, the news that Fantasy Computers intended to go overseas and abandon the domestic market also spread.

This would truly be the death of these domestic suppliers! If Fantasy Computers really left, would these suppliers have to go abroad to sue for their debts?

These suppliers who were owed payments immediately gathered together. All supplier representatives went directly to the entrance of Fantasy Computers' headquarters, holding signs to demand payment.

Fantasy Computers naturally could not see such a thing. The suppliers blocked the entrance for five consecutive days with no success. At this time, as the previous news fermented, another new piece of information spread.

That is, Fantasy Computers planned to transfer all of its more than a dozen assembly production lines in China to Europe. In that case, Fantasy Computers would have almost no tangible assets in China.

Note that upon calculation, if they left, they would not get a single cent. It would be better to sue Fantasy Computers directly, demand financial freezing, freeze all of Fantasy Computers' funds and all fixed assets. Then, during bankruptcy liquidation, they could at least recover some of their capital.

Therefore, such a decision was a lose-lose decision with no good outcome for anyone. However, the suppliers, who were out of anger, could not care about so much. Even if they went bankrupt, they wanted Fantasy Computers to die.

Thus, a few days later, a collective lawsuit that shocked the entire China broke out. As many as 160 suppliers collectively sued Fantasy Computers for failing to pay their overdue payments for three to five years, demanding that Fantasy Computers immediately pay all overdue payments except for the most recent year, according to the contract.

Facing such a case that was clear, the evidence was solid, and it involved over 160 enterprises and the wages of hundreds of thousands of employees.

After much consideration, the court found that the only way was to strictly execute the laws and regulations. They would do exactly as written in the law, without any discounts or bias towards anyone. In this way, no matter the outcome for either party, they would at least be free from any blame.

Therefore, Yang Yuan discovered the next day that Fantasy Computers did not even have money to pay its employees. All funds were frozen by the court, and the court demanded that Fantasy Computers immediately participate in mediation. Otherwise, if they could not pay the overdue payments within the deadline, they would be forced into bankruptcy liquidation.