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The Lin family has been growing too fast recently, and has taken away some of the business from its peers. Several peers have teamed up to suppress the Lin family.
The strength of several competitors should not be underestimated. They pooled their funds to speculate on Lin's stocks in the stock market, causing the Lin's stocks to fluctuate greatly.
At the same time, these companies used their respective connections to instigate upstream suppliers and downstream distributors of the Lin family's manufacturing industry to squeeze out the Lin family.
The Lin family was already a bit short of funds during the rapid expansion period, and recently, the capital chain of the Lin Group was about to break, and the stock price also plummeted.
Without a large amount of capital injection, the Lin Group would face bankruptcy.
Lin Yue's father and second uncle jointly manage the Lin Group.
The second uncle is responsible for business development. He is young and competitive, and is not so prudent in risk management.
The debt-to-asset ratio of Lin Group's new business is as high as 70%, and the excessive debt makes banks feel that the risk is too great.
In addition, the stock price of Lin Group plummeted, and the cash flow was unstable and very tight.
This led to a decrease in the credit rating of the Lin Group. The interest rates of bank credit loans for the new projects of the Lin Group increased, and the financing costs increased.
Lin Yue's father called Lin Yue back because he wanted everyone to find a way to help the Lin Group overcome the difficulties.
Lin Yue also had a lot of assets under his name. Lin Yue's father and second uncle discussed and decided that each member of the Lin family would take out a portion of their assets as collateral for mortgage loans to ease the financial pressure on the Lin Group.
Lin Yue told Ping An about this.
Ping An asked Lin Yue to call home and told them not to worry about the mortgage. Ping An was willing to help the Lin family solve this problem.
When Ping An and Lin Yue returned to the Lin family, the Lin family was busy counting their assets and preparing for asset mortgage loans.
Then I would look for friends I used to have a good relationship with and ask for short-term loans.
However, because everyone knew the crisis facing the Lin Group, even though the Lin family offered a high interest rate, these relatives and friends still found various excuses to reject the Lin Group's loan request.
Everyone in the Lin family had a gloomy look on their face.
Lin Yue invited his father, second uncle and Ping An to meet in the Lin family study.
Lin Yue's father Lin Hao and second uncle Lin Sheng already knew that Ping An was coming and had already made preparations.
Ping An's reputation has been growing recently. He is a celebrity entrepreneur and a top-notch rich man that countless celebrities want to marry.
Lin Hao and Lin Sheng also learned from Lin Yue's phone call a few days ago that Lin Yue and Li Ping'an were dating. Moreover, Li Ping'an was about to come to help the Lin family out of trouble.
The two brothers did not dare to keep Lin Yue's word.
Because they didn't dare to believe that they were so lucky, nor did they dare to believe that Li Ping'an, who was as dazzling as a god, could like Lin Yue.
Although the Lin family thinks that Lin Yue is very outstanding, Lin Yue is too low-key. She doesn't like to dress up, socialize, or buy famous brands. She just likes to do charity work everywhere.
Among the many celebrities vying for beauty, Lin Yue is as simple as an elegant white orchid.
Moreover, some time ago, it was rumored in the upper class that Li Ping'an and Miss Yi Weian were very close and might be engaged soon.
So, when Lin Yue suddenly said that Li Ping'an was her boyfriend, Lin Yue's father and second uncle did not dare to tell anyone. Except for the two brothers, no one else in the Lin family knew.
When Lin Hao and Lin Sheng met Li Ping'an, the shock they felt was no less than the Pacific tsunami.
The two brothers looked at each other excitedly, and confirmed from each other's eyes that the Lin family's chance to escape had come.
Ping An was calm and polite. After greeting the two uncles, he said straight to the point: "Uncles, I came to the Lin family this time specifically to solve the Lin family's financial problems.
You two may as well explain the actual situation to me. I will consider injecting funds into Lin's company as appropriate.
When Lin's financial difficulties are completely resolved, I will pay a formal visit and make public my boyfriend-girlfriend relationship with Lin Yue."
Ping An's few words were like stimulants, making Lin Hao and Lin Sheng's worried expressions disappear instantly.
They first expressed their deep gratitude to Mr. Li Ping'an.
Then I was truly happy that Lin Yue and Li Ping'an were dating.
Lin Hao and Lin Sheng quickly informed Ping An in detail of the financial difficulties and debt situation that the Lin Group was currently facing.
Ping An listened carefully and asked several key questions from time to time, demonstrating his professionalism and sensitivity.
Afterwards, Ping An stated on the spot that it would immediately arrange a team to conduct a comprehensive assessment of the Lin Group. If the situation is true, it will inject funds as soon as possible.
Lin Hao and Lin Sheng stood up excitedly and expressed their gratitude repeatedly.
Second uncle Lin Sheng was still a little worried and asked the question in his mind: "Mr. Li, how much money do you expect to inject into Lin at most? And what are your conditions?"
Li Pingan gave a formal answer to these two questions: "Uncle Lin, you can call me Pingan. You don't have to be so polite.
I will consider the evaluation results of the evaluation team and decide how much capital the Lin Group needs for turnover, and I will inject that much capital, with no upper limit.
Regarding the conditions, the interest will be calculated based on the period of time when the Lin Group borrows the money. The interest rate will be calculated at 50% of the bank's interest rate for the same period.
Moreover, you don't have to pay me back the interest in a hurry.
After maturity, the interest will be used as cooperation funds and transferred to Uncle Lin’s newly developed biotechnology company.”
Lin Sheng was so happy that he didn't know how to thank Li Ping'an.
Li Pingan was the one sent by God to save the Lin family. He patted his chest and assured: "Don't worry, my dear nephew Pingan, my Biotechnology Co., Ltd. has been profitable for six consecutive months. The profit margin and total profit are increasing. Your investment is wise.
After finishing the serious business, the atmosphere became much more relaxed.
Lin Hao and Lin Sheng began to enthusiastically invite Ping An to dinner.
Ping An did not stay, he wanted to quickly arrange for the assessment team to start work. He also promised the two uncles of the Lin family:
"Given that the Lin Group is currently very short of funds, I will use my personal funds to inject 30 billion before the evaluation team completes its assessment to alleviate the financial constraints of the Lin Group."
After seeing off the God of Wealth Li Ping'an, it was time for the Lin family to have dinner.
At the dinner table, the family looked worried at first? They counted the rice grains with chopsticks one by one, and the delicious dishes tasted like chewing wax.
When the brothers Lin Hao and Lin Sheng told the family about Li Ping'an's capital injection and the relationship between Li Ping'an and Lin Yue, the whole family was so surprised that they opened their mouths and were speechless.
After all the questions were answered, the whole family was suddenly filled with smiles.
The Lin family, who had not been able to eat for many days, finally felt hungry. The food that they had not been able to eat just now was quickly eaten up.
The Lin family saw hope for the Lin Group's revival.
If Lin Yue and Li Ping'an could get married, the Lin family would be on the path of rapid and stable development in the future.
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