Chapter 175: Father’s Debts
Chapter 175: Father’s Debts
Unimaginable amount?
Upon hearing this, Yang Cheng’s heart skipped a beat, then his expression changed as he asked seriously: "Aunty, exactly how much does my father owe? Can you give a specific number?"
"Previously, he had more than fifty employees, over thirty of them helped him with loans, some with over one million, others with tens of thousands. All together, it adds up to around ten million. I’ve already paid off most of it!"
"However, the main issue is the gambling agreement he once signed!"
After saying this, Chu Xiaoyu’s face became much more desolate.
"Gambling agreement?"
Yang Cheng felt very unfamiliar with these words, so he asked: "Aunty, what does this mean?"
"Wow, you don’t even know what a gambling agreement means?"
Fang Ling looked at Yang Cheng as if he were an alien: "Gambling is simple, it’s no different from gambling. When Uncle Yang started the company, he attracted a lot of investment and signed a gambling agreement with the investors. If he couldn’t fulfill his goals within the set time, he would have to compensate, and Uncle Yang signed for cash compensation."
"That’s how it is!"
Yang Cheng immediately looked at Chu Xiaoyu after understanding the ’gambling agreement’, and asked: "Aunty Chu, how much did my father lose?"
"1.2 billion!!"
After Chu Xiaoyu stated this figure, her face became much darker, and she sighed with worry.
Boom!!
Upon hearing this number, Yang Cheng froze violently, his face filled with an unmistakable shock.
1.2 billion!!
This... is truly a number he couldn’t possibly fathom.
Originally, he thought his father owed at most a few tens of millions, but he didn’t expect it to be as high as 1.2 billion.
For a moment, Yang Cheng broke out in a cold sweat, recalling what Xiao Yuqi had said earlier; if the Beauty Cream could completely open the market in Peach Blossom County, they could earn a billion a year. Even then, it would take twelve years.
Dad, what kind of terrifying mess have you left for me?
"Aunty, who did my father sign the gambling agreement with?"
Yang Cheng suddenly thought of something and asked immediately.
Chu Xiaoyu replied: "The richest man in Peach Blossom, Murong Hai!"
The richest man!
No wonder!
Yang Cheng immediately asked: "Then I want to know, how much did he invest in my father that requires such compensation."
"600 million!"
After Chu Xiaoyu answered, she continued: "Back then, your father attracted this much investment to develop a very powerful skincare product. I tried it myself; the effect was indeed remarkable. Normally, once the market fully opens, the annual income would be unimaginable. But for some reason, when the company was thriving, someone suddenly smashed it, and your father turned gray overnight and declared bankruptcy."
"Why!"
Yang Cheng suddenly recalled what Xiao Yuqi had said previously and immediately pursued.
"I also don’t know. When they were smashing the company, they kept saying your father had no cooperation spirit and threatened him to declare bankruptcy soon. Your father was very unwilling but then announced bankruptcy, and shortly after, he vanished."
Chu Xiaoyu sighed softly and said: "This is all I know, I don’t know anything else."
"It’s said that my father’s company was acquired by Zhonghai Kong Family, right?"
Yang Cheng paused and immediately asked.
"Yes, shortly after the bankruptcy, the Kong Family acquired your father’s company. I don’t know the specifics, just that during our confusion, the Kong Family appeared and took over. At the time, I only wanted to find your father, so I left his company!"
"Now many veterans who followed your father are working there, and the salary is pretty good."
"I recall it’s renamed as..."
As she said this, Chu Xiaoyu rubbed her forehead, unable to recall the specific name for a moment.
"Called Yan’s Hall!"
Yang Cheng didn’t hesitate and spoke immediately.
"Yes, yes, it’s called Yan’s Hall." Chu Xiaoyu suddenly realized and said: "This company’s predecessor was your father’s company. Although they’re still in skincare now, it has nothing to do with your father, except the old employees."
"Okay, got it!"
Yang Cheng nodded lightly and said: "Aunty, how much more time do we have?"
"Murong Hai gave me a deadline of two years, and now one year has passed. Alas, my factory is about to collapse, how can I repay 1.2 billion, so we’ll gather as much as we can, but we must repay!!"
As she said the last sentence, Chu Xiaoyu’s eyes were exceedingly determined.
Upon hearing this, Yang Cheng’s heart trembled, and he subconsciously said: "Aunty, you can completely abandon repaying my father’s debt. Though it’s obviously difficult, why do you insist?"
"Because I don’t want your father’s reputation to be tarnished."
Chu Xiaoyu clenched her fist, looked very determined, and said: "In my heart, he is a good person who cannot have his reputation tarnished due to disappearance."
"Aunty, thank you!"
This brief sentence left Yang Cheng emotionally stirred. Initially hearing that Chu Xiaoyu was his father’s mistress, he thought she was just a gold-digger, but now it seems she’s not!
Moreover, she is a woman who values affection and deeply loves his father.
"Thank me for what, your father also helped me a lot. It’s just that my capability is too limited, and I can’t repay 1.2 billion, I can only eliminate the loans of the previous employees, which is the most I can do."
Chu Xiaoyu sighed gently and spoke.
"Aunty, leave the following things to me!"
Yang Cheng clenched his fist and looked very serious as he said: "Apart from this 1.2 billion, the money you’ve paid off earlier, I’ll also find a way to help you repay. Here’s five million; you take it to solve the problem. When I have more money, I’ll send it to you immediately, and I’ll also be responsible for finding factory orders."
Upon hearing this, Chu Xiaoyu and Fang Ling exchanged a glance, and their faces turned much more serious.
Though Yang Cheng doesn’t even know what a ’gambling agreement’ is, for some reason, they didn’t doubt him once they heard these words. They had a strong premonition that perhaps Yang Cheng could really accomplish all this.
"Okay, let’s work hard together!"
Chu Xiaoyu held Yang Cheng’s hands and smiled slightly.
"Yes, let’s do our best."
Although Yang Cheng seemed confident, he was still a bit worried inside. The herbs for treating Yang Xiao hadn’t been gathered yet, and now there’s the sudden 1.2 billion external debt, with only a year left, to be honest, the pressure is immense.
Moreover, he only has five years left to live, and must quickly gather the Zodiac Energy.
"Ling Ling, come with me to buy groceries, let Xiaochen stay for lunch."
Chu Xiaoyu was in a good mood, rose, and said to Fang Ling.
"Okay." Fang Ling nodded gently.
Yang Cheng also didn’t want to stay home alone and followed them to the market downstairs to buy groceries.
The market is very close to the neighborhood, only a ten-minute walk, the three bought lots of food, and didn’t return home until half past eleven in the morning.
Once home, Chu Xiaoyu went into the kitchen and started preparing.
Yang Cheng wanted to help but was pulled into the room by Fang Ling, who asked: "Yang Cheng, how’s my mother’s illness?"
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