"Mingchen Group used to be the largest real estate conglomerate in our city," said Yun Mu, taking a deep drag from his cigarette. "But ever since Qing Ke stepped down and Qingcheng took over, the group has been on a decline. Not only have profits dropped, but many projects have also seen unsatisfactory sales, leading to a tight cash flow and a significant loss of customers."
"Therefore, under these circumstances, if Mingchen Group doesn't receive a massive capital injection, it's likely that it won't last long before it slips into a severe deficit. Moreover, according to our assessment, turning the losses into profits seems hopeless."
"At this critical juncture for the company, Mr. Carter from the United States has extended an olive branch, hoping to acquire our company as a springboard for his business in China. After discussions, we believe that selling the company now is the best decision, as it could minimize the company's losses to the greatest extent possible."
