Rebirth of the World’s Richest Man

Chapter 1179 Breach of Contract

After anxiously asking for news all day, in the evening, many home appliance manufacturers took the initiative to call.

Of course, it's not about other things, but to terminate the cooperative relationship with Huaqing Electrical Appliances.

"No, I'm just confused. The eight major state-owned shopping malls have given you conditions to get you so far. There are so many home appliance manufacturers, but I haven't received any news all day long..."

"Mr. Wang, I'm sorry. The conditions offered by the eight major state-owned shopping malls this time are really generous. Pay first and then get the goods.

This alone is more important to us home appliance manufacturers than anything else.

Solving the problem of inventory pressure allows our factory to keep track of all inventory changes at any time, not to mention solving the problem of capital circulation...

They also promise that as long as they are home appliances from manufacturers like us, they will be placed in the best booths and we will increase promotional efforts.

This part of the promotional profit sharing will be subsidized by the eight major state-owned shopping malls themselves, without the need for our manufacturers..."

The manufacturer on the phone talked about a series of conditions offered by the eight major state-owned shopping malls. The conditions were frighteningly favorable. In one sentence, he wanted to work with Huaqing Electric even if he had to lose money.

"Understood." Wang Chao nodded, telling the truth now, but unfortunately the contract has been signed.

"What about terminating the contract?"

"It's easy to terminate the contract..."

"Ah, hahaha, then thank you Mr. Wang, Mr. Wang is so generous..."

"Just follow the content of the contract. If you breach the contract, then you will follow the part of the breach of contract..." Wang Chao continued.

The person on the other end of the phone seemed to have his throat suddenly choked, and he couldn't say a word.

Breach of contract, according to the content of the contract, who are you kidding me? When most of their e-commerce manufacturers entered the market, they entered the market after the panic buying crisis was over.

The contract signed at that time could be considered extremely harsh, but the home appliance manufacturers didn't care at that time and the contract was a little more harsh.

You are almost dying, why do you care if he is harsh or not? Even if it's just poison, it would be very good if it could delay the attack for a little bit.

And in those years, everyone didn’t pay too much attention to contracts, nor did they take contracts too seriously.

So I signed it without thinking, but now Wang Chao actually wants to terminate it according to the contract.

Then the breach of contract fee alone is a sky-high price, and the final payment for the goods is directly deducted.

And we will continue to provide three months of supply for free.

You also need to disclose your breach of contract and the reasons for the breach.

Anyway, the conditions are harsh and cannot be any harsher.

If they really follow the contract, then their factory will not suffer a single loss.

"Mr. Wang, stop joking. Didn't you just say that it's easy to terminate the contract? I'm old enough and I don't need to be scared..."

"You are joking. When did you joke? I am not joking. The termination of the contract is in accordance with the regulations and I did not scare you.

If I say I was frightened, I was frightened..."

Wang Chao said coldly.

The other party choked for a moment. They did something unreasonable, but the breach of contract conditions stipulated in the contract were too harsh, and they definitely couldn't follow the contract.

"No, Mr. Wang, you can't be too desperate in doing things, leaving no way out for yourself. What happened this time is a battle between you, Huaqing Electrical Appliances, and the eight major state-owned shopping malls. It has nothing to do with us, and you can't take all the responsibilities. Put it on us..."

Wang Chao suddenly became happy when he listened to the words on the phone. He had never seen such a shameless person before. We are in normal competition with the eight major state-owned shopping malls.

It doesn't matter if you win or lose, but you guys, a group of home appliance manufacturers, are on both ends of the spectrum, and whoever wins will deal with you.

"I was too ruthless in what I did. Who was too ruthless in what I did? Breaking the contract and cutting off the supply of our Huaqing Electrical Appliances? Don't you know what this means? When you were trying to kill everyone, did you think about being a human and leaving a ray of hope? Did you think about it? You don’t have to be too desperate when doing things…”

After Wang Chao finished speaking, he hung up the phone and told his secretary.

"Inform everyone to come to the conference room for a meeting in five minutes."

"OK."

"By the way, we will not answer calls from various manufacturers." Wang Chao reminded, and the secretary nodded.

The senior management of Huaqing Electrical Appliances did not get off work at all. After being notified, all personnel came to the conference room as soon as possible.

Without waiting for five minutes, Wang Chao arrived. Seeing that the crowd was about the same, he immediately announced the meeting.

"Come on, let's talk about logistics first. The goods in stock now are enough for Huaqing Electric to support us for a few days." Wang Chao was the first to name logistics, which is also the most important thing now.

“Because we purchased a batch of goods some time ago, the current inventory can still last for more than half a month.

The stock will be out of stock in twenty days at most..." the person in charge of the logistics department said.

"Okay, Finance Department, how much payment do we have from the major power plants here?"

"I have to do some rough statistics." said the person in charge of the finance department.

"Go and do the statistics now, we'll wait for you." Wang Chao said.

"Yes." The person in charge of the finance department stood up and walked towards the door of the conference room.

Halfway through, Wang Chao ordered again: "By the way, let's go ahead and inform you that now the payments of all major appliance manufacturers are frozen, and you won't be allowed to give them a penny of payment without my permission."

Although payments to home appliance manufacturers normally require Wang Chao's signature.

However, sometimes I am too anxious, or Wang Chao is not available, and sometimes I will pay the manufacturer according to normal regulations.

That's why Wang Chao gave a special order.

"I'll notify you right away." The person in charge of the finance department didn't even ask the reason.

Their finances are only responsible for the finances, and they don't care about anything else.

Even communicating with manufacturers is a matter for the purchasing department and has nothing to do with their finances.

Moreover, he had heard a little bit about the current situation, and it seemed that something had happened.

The person in charge of the Finance Department left, and Wang Chao didn't say anything anymore. He just used a pen to "brush" something he didn't know he wrote on the notebook.

The atmosphere in the conference room was a bit depressing, with everyone making eye contact and asking each other.

In fact, everyone knows what happened. Today, eight major state-owned shopping malls jointly held a manufacturers meeting.

In the afternoon, all the people in the purchasing department went out to inquire about the news, but no good news came back.

Looking at Wang Chao's gloomy face now, he knew that the situation was not good, and it should be very detrimental to Huaqing Electrical Appliances.

Otherwise, Wang Chao wouldn't have such an expression if he came and went.

But now no one asked out loud, everyone was waiting silently.

Wait for the person in charge of the finance department to come back and wait for Wang Chao to arrange the next step of work.

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