Chapter 979 981【End of the road】


    “Hello, Director Cheng, I am Zhao Haitao, the general manager of Dade Financial.” Mr. Zhao personally approached Cheng Feng and said, “Your minimum repayment has been overdue for ten days. Do you want to pay back the money as soon as possible?”


    “Asshole, I am the chairman of Dade Group, how dare you speak to me like this?” Cheng Feng heard this and slapped the table angrily.


    He is very angry now because he was defrauded of 800 million yuan. Zhao Haitao also came to collect debts from him, clearly stabbing him in the heart so that he could not feel comfortable.


    "Mr. Cheng, even if you are the chairman of Dade Group, you still have to repay the money. Otherwise, we have the right to dispose of the stocks you pledged." Zhao Haitao said neither humble nor overbearing.


    “You bastard, you dare to talk to me like this, do you believe I will shoot you?” Cheng Feng continued to slap the table.


    ?In the past few years, he has become friends with popular celebrities, top bosses, and even dined with the richest man. It can be said that he is extremely prosperous. But now, even a small branch manager dares to challenge him, which is really a big change.


    “Director Cheng, of course you can fire me. However, you still have to repay the debt you owe.” Zhao Haitao continued.


    He is the person arranged by Xiang Nan. He has Xiang Nan as his backer and is not afraid of Cheng Feng at all.


    First of all, Cheng Feng has pledged all his stocks. He can still be the chairman of Dade just because Xiang Nan wants to accompany him to perform the last scene. Otherwise, he may be kicked out at any time.


    Secondly, he owed a huge debt of 800 million. Even if he sold all his stocks, he still could not pay off the debt. So even though he is very prosperous now, he has actually incurred a lot of debt and his asset status is worse than that of ordinary people.


    ?Hence, Cheng Feng is now basically tough on the outside but weak on the inside, strong on the outside and capable on the inside. He is in a precarious situation, and naturally he cannot be respected by this powerful general manager.


    “I advise you to repay the loan as soon as possible, otherwise we will sell the stocks you pledged in accordance with the contract the day after tomorrow at the latest.” Zhao Haitao said with a slight smile, then turned and walked out.


    “Go away, go away, even a branch manager dares to bully me!” Cheng Feng said angrily.


    ?But he knew that if this matter was not dealt with as soon as possible, it would be really serious. Once all the stocks are really sold off, the decades of accumulation of their father and son will be wiped out.


    So he hurriedly asked his friends for help, hoping to borrow money to save the stock.


    But not everyone can come up with millions of dollars. Moreover, Cheng Feng owes not millions but 800 million to save the urgent rather than the poor.


    There are only a few thousand people in China who can afford so much money. Who would be willing to lend it to him?


    ?Hence, when Cheng Feng called to borrow money, all the rich men, predators and even celebrities who were friends with him stayed away. Either they blocked him, or they tried to shirk him in every possible way, or even worse, they even yelled at him.


    Not to mention those fair-weather friends, even friends like Fei Si and Wu Di who had died with him, after hearing about him, they were not very happy about borrowing money.


    …


    "Madman, although I have made some money by opening a bar in the past two years, all my money has been invested in branches. The most I have on hand now is 100,000, which is probably not enough for your day''s interest." Fei Si said with a smile. .


    ??If Cheng Feng needed tens of thousands or hundreds of thousands, he worked hard and got it for him. The key point is that he owes 800 million. Even if he sells all his bars, it will only be enough for him to pay interest for two months.


    But Fei Si also has a wife and children now. They also need to live and take care of them. It’s no different than when I was single. One person had enough to eat and the whole family wasn’t hungry. I still had the energy to work hard and help my friends even if I lost everything.


    “Madman, I don’t have millions. The most I can lend you is one million.” Wu Di also said to Cheng Feng.


    He really wanted to help Cheng Feng, but he was really incapable. No matter how hard he and Lu Manjia tried, they could only come up with one million, and they couldn''t come up with more. When Xiang Nan heard that Cheng Feng borrowed money, he smiled and waved his hand, "Madman, you borrow money from me, how can I have any money? My annual salary is only one million, and I have been a general manager for the past few years, but I have earned less than Five million.


    It’s not like you don’t know how expensive things are in Beijing. Buying a car, a house, food and clothing, you don’t have to spend money on that. It cost me a million just to send Little Shitou''er to kindergarten. "


    ? Cheng Feng couldn’t borrow any money, so he could only watch as Dade Financial sold out all his shares. But even so, 30% of his shares were sold for less than 600 million.


    Because a large-scale sell-off of stocks will definitely lead to a fall in stock prices. The original price of thirty yuan per share can drop to twenty yuan or fifteen yuan. Therefore, the stock originally worth 1.2 billion was sold for only 600 million.


    ?As a result, there was still 200 million left to repay, and Dade Financial immediately took Cheng Feng to court to claim for the 200 million owed loan.


    Because the facts were clear and the evidence was conclusive, the court’s verdict was handed down within a few days. All property in Cheng Feng''s name that could be executed was confiscated.


    ?His savings, car, house, and even valuables such as clothes, shoes, socks, and watches were confiscated. It can be said that he was completely stripped.


    …


    Following this, another shareholder proposed to remove Cheng Feng.


    They have three reasons. First, Cheng Feng has lost all the stocks of Dade Group and is no longer qualified to be the chairman; second, Cheng Feng owes a huge debt to Dade Financial and has been sued in court, so he is no longer suitable. Serves as the chairman of the parent company; thirdly, in the past two years, Cheng Feng has basically not performed his duties as chairman, has been absent from work for a long time, and has not come to work, which has long aroused public outrage.


    Therefore, even if Xiang Nan did not raise his hand, Cheng Feng was still approved by half of the votes and was removed from the position of chairman of Dade Group.


    That would be troublesome.


    When he was the chairman of Dade Group, he could live in a villa provided by the company, ride in a luxury car provided by the company, go to hotels, bars, and guesthouses for meals, rest, and entertainment, and he could also pay the company''s accounts.


    ?Now that he was removed, his villa, luxury cars, bank cards, etc. were all immediately taken back, and his situation suddenly plummeted. Fortunately, he still has the mansion in Cheng Shengen''s name, so he doesn''t have to worry about having a place to live for the time being.


    ??What he never expected was that Cheng Shengen was in the United States and suddenly received a call from Xiang Nan.


    When I learned that my son’s investment had failed, he owed a huge debt of 800 million, and had mortgaged all the company’s stocks, I was so anxious that I suddenly had a heart attack. One of them failed to be rescued and died of a heart attack.


    ?In this way, Cheng Shengen’s villa became the inheritance inherited by Cheng Feng, and was immediately applied for execution. As a result, Cheng Feng didn''t even have a place to live.


    Fortunately, there are good friends like Fei Si and Wu Di who are willing to take him in and let him live in their shop or home.


    ??But what I didn’t expect was that soon, debt collectors came to my door. They were splashing paint and banging on the door in the middle of the night, making them anxious and uneasy at home.


    ?As a result, it would be impossible for them to take Cheng Feng in again.


    After all, they all have families and families, so they have to take care of their own little family first.


    ? Cheng Feng was desperate and originally wanted to rent a house to live in, but the debt collectors still refused to let him go, making the landlord afraid to rent the house to him.


    As a result, Cheng Feng became completely homeless. He really fulfilled the oath he had sworn, his family was ruined, he was at the end of his rope, and everyone betrayed his relatives...


    (End of this chapter)