Building No. 1, Longtai Group, Large Conference Room.
The various committee members who should have returned to the Provincial Party Committee did not even have the time to do so; they instead occupied this conference room to begin their meeting, a testament to how urgent and dire the situation had become.
The core issue at hand was the resettlement of more than 8,000 employees. As for the Longtai plaque, it would certainly have to be removed. Setting aside the impact of the chairman system on the enterprise and the loss of orders, the debt of over 100 million was an insurmountable problem. The bank would undoubtedly declare Longtai bankrupt and proceed with forced recovery and auction.
Chapter 112