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Chapter 403 - Chapter 403 Guangxing Cars

Xu Fang finished speaking, and a wave of murmuring arose from the crowd.

As the murmur subsided slightly, Xu Fang continued, "Shibao Cars' business turnover has been in decline since the fourth quarter of the year before last, and this year it's even worse, with more expenses than income. Many people are probably wondering why I would want to acquire Shibao Cars when the company is on the brink of bankruptcy, as if I have money to burn.

Others might wonder if they'll be getting the sack."

When Xu Fang touched on this sensitive topic, everyone pricked up their ears, waiting for Xu Fang's answer.

Even the company's senior executives looked curiously at Xu Fang. They were more aware of the company's current dire straits; taking over Shibao Cars at this time seemed like a surefire way to disaster.

So why was Xu Fang still so determined to proceed with the acquisition?

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