Chapter 1247: Catastrophic Disaster

Early the next morning, Pan Guangchen threw a credit card to Chen Meiling and her son, telling them to buy a Rolls-Royce Cullinan, while he went to work at Guang'an Group alone.

Entering his spacious chairman’s office, he first had his beautiful female secretary brew him a cup of coffee. Then, after some thought, he prepared to call the Police Station to have them find the person who had beaten his son last night.

But just as he picked up his phone and before he could dial the number, the door opened and the head of the finance department rushed in from outside.

“Mr. Pan, something terrible has happened.”

“What’s the rush? Don’t you have any manners? Is the sky going to fall or something?”

Pan Guangchen was extremely displeased with his subordinate’s behavior. After scolding him, he asked, “Tell me, what happened?”

The finance head took a breath and said, “The bank just called. Our 200 million loan, which was under approval, has been canceled…”

“What? It had already passed approval, hadn’t it? Why was it canceled?”

Pan Guangchen’s expression changed, and he shot up from his seat. This loan was especially crucial for the company’s cash flow.

To quickly secure this money, he had put in a lot of effort at the bank, utilized many connections, and invested a large sum of funds.

It was originally a sure thing, with only the final disbursement step remaining. How could it suddenly be canceled?

“The bank said our company’s credit Rank isn’t sufficient, so they can’t give us the loan…”

“How is that possible? We’ve already passed the review, how did it suddenly become insufficient credit Rank?”

Pan Guangchen then composed himself and said, “Alright, I understand. I’ll contact the bank later; I’m confident I can resolve the issue.”

“Boss, I haven’t finished yet.”

The finance head tried to speak twice but was roughly interrupted by Pan Guangchen, unable to finish his sentence.

“What else is there?”

The finance head continued, “Not only has the bank stopped our loan, but they are also demanding immediate repayment of previous loans, requiring us to pay within three days.

Most importantly, they have now frozen our company’s entire account. The company’s finances have ceased to operate; not a single penny can be moved.”

“What? How is this possible?”

Pan Guangchen, who had just sat down, sprang up again.

If stopping the company’s loan was perhaps an accidental reason, then the immediate demand for repayment of previous loans and the freezing of the company’s accounts were truly extraordinary.

Just then, his phone rang urgently.

An annoyed Pan Guangchen initially didn’t want to answer, but the phone kept ringing. He saw it was his son calling and pressed the answer button.

As soon as the call connected, he heard an angry roar from the other end: “Pan Guangchen, what do you mean? If you don’t want to buy me a car, fine, but why give me a card that doesn’t work, making me lose Face at the 4S dealership?

How am I supposed to save Face? You might not care about Face, but I do…”

Pan Hao on the other end of the phone was clearly extremely angry, even bothering to call his father by his full name, Pan Guangchen.

After he finished yelling, Chen Meiling followed, “Old Pan, what exactly is going on? Even my bank card doesn’t work now. What kind of trick are you playing? Are you trying to starve us, mother and son?”

Pan Guangchen was completely dumbfounded. It seemed the bank had not only frozen the company’s accounts but also his personal accounts.

“Alright, stop arguing. All of our family’s accounts have been frozen!”

After saying that, he couldn’t be bothered to waste words with the mother and son and simply hung up the phone.

He had intended to run to the bank to find out exactly what was going on, but before he could leave, the head of the procurement department rushed in.

“Boss, something’s happened. All of the suppliers from whom the company recently purchased goods have stopped deliveries, and they’ve refunded all our order payments…”

Pan Guangchen was startled and urgently asked, “Which company are you talking about?”

“All of them. All upstream companies that have collaborated with our Guang’an Group have stopped supplying goods.”

“Uh…”

Pan Guangchen immediately realized the gravity of the situation, and cold sweat immediately trickled down his forehead.

“Didn’t we sign contracts? What reason did they give for breaching the contract?”

The procurement head said, “None of the companies gave any reason. They just directly stopped their cooperation with us. As for the contracts, they said we could sue them in court, and if we win, they are willing to compensate.”

“Bastards! Who exactly is targeting us?”

An enraged Pan Guangchen grabbed the coffee cup from the desk and smashed it fiercely on the floor.

With so many things happening one after another, he wouldn’t believe it if someone said no one was targeting them, even if it killed him.

Just then, the door opened, and the sales department head rushed in again.

“Boss, something’s happened! Europe is demanding immediate delivery from us, and if we breach the contract, they’ll make us pay ten times the compensation…”

Upon hearing this news, Pan Guangchen was instantly dumbfounded; this was simply adding insult to injury.

Their Guang’an Group was originally a company primarily focused on foreign trade.

Their main goods were not self-produced but procured domestically and then sold worldwide.

Now, with upstream suppliers cutting off supply, it was like cutting off their water source, while downstream clients were desperately pushing for deliveries. This was clearly an attempt to utterly destroy his company.

Before he could even fully process it, his assistant rushed into the office again.

“Boss, this is bad! Our company’s stock opened at its daily limit down today. Clearly, mysterious funds are shorting our company…”

No sooner had he finished speaking than the administrative head rushed in.

“Boss, this is bad! The tax bureau, industrial and commercial administration, fire department, and other departments have all come to our company together, saying they want to conduct a joint inspection…”

Receiving so much bad news one after another, Pan Guangchen was completely stunned. He plopped down onto the boss’s chair behind him, his gaze blank.

Only one thought remained in his mind: the sky truly was falling. Which powerful figure had he provoked, to be targeted for complete ruin?

He was very clear about the situation of his company; not only were there serious issues of tax evasion, but it was also extremely dirty in other aspects.

For years, he had relied on his connections to maintain it, and once it exploded, the consequences would be devastating.

No, he couldn’t sit idly by; he had to seek help immediately.

Thinking of this, he immediately pulled out his phone and started calling a prominent figure he knew, but after trying for a long time, no one answered. He tried several times, and it was always the same.

Then he tried another number, with the same result; the other party was even more direct, turning off their phone.

Pan Guangchen was practically going crazy. He was very clear about his backers; they had extremely strong connections in the Imperial Capital. How could they not even dare to answer his calls? What exactly was going on?

Still unwilling to give up, he made several more calls, and finally, one connected.

His heart filled with joy as the call connected, but before he could speak, the other party’s voice said coldly, “I know all about your situation. It’s your son who provoked someone he shouldn’t have.

It’s useless to come to people like us. Figure out how to solve the problem yourself. If you can’t get that important figure’s forgiveness, then your Pan family can just wait to beg for food.”

After saying that, the other party hung up unceremoniously, and a series of busy tones came from the receiver.

Pan Guangchen held his phone, looking utterly bewildered. The cause of the problem had been found, but what kind of powerful figure had his son offended to bring such a devastating disaster upon the Pan family?

Thinking of this, he no longer cared about anything else and urgently dialed Pan Hao’s phone.