For example.
The average price for Jinling Phoenix Gold Ornaments to mortgage 85 tons of gold to get 30 billion funds is 353 yuan per gram, while the current gold price is 365 yuan per gram.
If it's the second redemption condition, the company has already lost 10 yuan per gram.
Yang Chen quickly called Qiu Yuhong, ordering him to check the content of the mortgage contract between Jinling Phoenix Gold Ornaments and the bank, to see how the two parties agreed on the redemption conditions: whether it's based on the 30 billion standard or the current gold price standard.
Qiu Yuhong hurriedly instructed Shield Security Group, Jinling Branch to investigate.
Since it required bribing bank insiders to see the contract, it wasn't until two in the afternoon that there was a response.
Qiu Yuhong sent Yang Chen some photos, all of which were contracts for mortgage loans between Jinling Phoenix Gold Ornaments and several banks and financial institutions.
