The bankrupt company s more than 40 million receivables were sold for only 28,601 yuan?

Mondo Finance Updated on 2024-02-14

During the Spring Festival, everyone is busy visiting relatives and friends, and red envelopes come and go. Who thinks of debt and troubles in this joyous moment? But in Nanjing, there is an unusual auction of "New Year's goods" is being staged - a debt with a book amount of up to 10 million.

On the third day of the Lunar New Year in 2024, when others were still immersed in the joy of the New Year, the external claims of a science and technology park company in Nanjing suffered a big reversal of fate. The tens of millions of creditor's rights that were originally hung high were participated in the game with a starting price of 1 yuan and a deposit of 1,000 yuan after six unsuccessful auctions. It seems to be an absurd move, but it is actually a strategic change in desperation.

The 93-round price increase competition, which lasted nearly 3 hours, finally hammered a transaction of 28,601 yuan**. The 15 participants are like bargaining masters in the market, you come and go, and you show your talents. But what kind of story is hidden behind this?

Let's start with an account: from 4302270,000 yuan dropped to 28,601 yuan, as simple and crude as playing a numbers game. However, the truth is far from so straightforward. It reveals a deeper question – how much does face culture affect corporate decision-making? Why was the mark so high in the first place? Is it to get by on the face? Or do you really expect to be able to lose?

Among them, the huge receivables of 42.01 million yuan are almost equivalent to a waste. This is because the debtor is not only operating abnormally on its own, but is also closely related to the creditor's owning company – the overlapping identities of shareholders make debt collection almost impossible.

The same is true for the remaining two small debts: the company's poor operation or the boss's complicated background make it difficult to recover. The only 228325 yuan that had some hope of recovering it was also labeled as "abnormal operation".

This leads to a topic worthy of our reflection: what is the complex and subtle connection between face culture and corporate survival in modern society?

More than 40 million yuan of receivables were sold for more than 20,000 yuan during the Spring Festival - it sounds as bizarre as Arabian Nights; Yet it is happening all around us and reveals the bitter truths of modern business that are little known and unspeakable.

Although this incident is a small and well-known event, it reminds us that in today's society, both individuals and businesses need to remove the glamorous appearance and focus on the inner essence and true value.

If you look at things from a different perspective once in a while, you may find something unexpected. The auction is over, however for these three"Special Commodities"Can the losses be recovered in the end? How many stories are hidden behind this that have not been disclosed to the public?

Perhaps only time will solve these puzzles. However, what is more worthy of our consideration at this moment is: how to break the shackles of traditional concepts and formulate reasonable strategies; how to balance interests and ethics; How to take failure as an inevitable experience in moving forward and learn from it.

May every reader pick the fruit of wisdom from this anecdote and start a beautiful chapter in the new year!

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