Protect Our Clan Leader

Chapter 1566: Chapter 91: I Won Big at Mahjong! I Want It All

…

The figures who arrived were Duo Cai True Monarch, the Deputy Shopkeeper of Sunrise Bank, Sanbao True Monarch, the Third Pavilion Master of Duobao Pavilion Headquarters, and Yongwen Old Ancestor of Cold Moon Yao Clan.

These individuals are precisely the three creditors to whom the Wei Family has mortgaged the most funds during this period.

Sunrise Bank, Duobao Pavilion, and Yao’s Air Transport are all renowned large-scale commercial organizations within the Immortal Dynasty. Particularly Sunrise Bank and Duobao Pavilion, backed by more than one Prominent Family, their network of relationships is exceedingly intricate.

Not only do numerous top-tier Prominent Families hold shares in them, even the Line of the Immortal Emperor and the Immortal Palace possess considerable equity.

Precisely because of this, the operational models of Sunrise Bank and Duobao Pavilion are relatively independent, with an internal system of self-contained rules, not heavily influenced by Prominent Families or even the Imperial Household.

Within these two organizations, shareholders only enjoy the rights to dividends every century and the ability to sell shares, but hold no decision-making authority.

The Wei Family is, in fact, also a shareholder in these two organizations, holding a small portion of shares. During the family’s peak, it frequently conducted business dealings with these entities. Were it not for this, they wouldn’t have been able to borrow such a substantial amount of funds at once.

As soon as the three arrived, they began urging Wei Dongyu for repayment in unison.

Seeing that Wei Dongyu was about to collapse in anger, the Wei Family’s second Old Ancestor, Wei Deming, hurriedly stopped the disaster relief efforts and soared into the sky to support Wei Dongyu. He clasped his hands toward the visitors and said, “Deming greets Duo Cai True Monarch, Sanbao True Monarch, and Old Ancestor Yongwen. The money was borrowed by me and Mingyu, so allow me to handle this matter.”

Duo Cai True Monarch, a plump middle-aged man dressed in an ornate long robe, displayed a kind and gentle appearance, smiling with seeming benevolence, utterly devoid of hostility.

With his trademark “peace and prosperity” demeanor, he smiled and said, “That’s fine, that’s fine. It’s the best outcome for Deming, virtuous brother, to handle the matter. Previously, your Wei Family borrowed 1.2 billion Immortal Crystals from Sunrise Bank, with some of your family’s mineral resources as collateral. Normally, we wouldn’t need to rush to demand repayment, but now that your Wei Family is facing such a calamity, even our Sunrise Bank is worried.”

Sanbao True Monarch of Duobao Pavilion, wearing a scholarly long robe, appeared refined and gentlemanly, radiating elegance.

Upon hearing this, he sighed and said, “Our Artifact Refiners have analyzed the Black Armor Bureau’s new war armor. Its design is truly ingenious and holds great promise. Based on our pavilion’s estimates, the future fluctuation of Xuan Iron ingot prices will range between one hundred and two hundred Immortal Crystals, and it is unlikely to ever return to its original high level. Deming, younger brother, a loss is a loss; it’s better to lose with dignity and not cling stubbornly, inviting ridicule.”

“Duo Cai True Monarch and Sanbao True Monarch have already said all I wished to convey,” Yongwen Old Ancestor of the Yao family nodded and interjected, “Our Yao family lent the Wei Family sixty million Immortal Crystals in total, a relatively small amount. Deming, younger brother, why not start by repaying this portion?”

Wei Deming Old Ancestor’s face had turned ashen, and he clasped his hands repeatedly, saying, “Why must the True Monarchs press so aggressively? Considering our years of camaraderie, I implore you to grant us some leniency. The Wei Family will undoubtedly repay every single Immortal Crystal owed.”

“Deming, younger brother, it’s not that I don’t wish to show you respect. However, given the current state of the Wei Family, what’s the point in granting an extension?” Duo Cai True Monarch sighed, “Let me perform a calculation for you. This time, your Wei Family has lost at least three to four billion Immortal Crystals. Even when Xuan Iron was more lucrative, after deducting family expenditures, it would have taken you two to three hundred years to pay back this debt.”

“Now your family’s primary business revolves around Xuan Iron, and its price has plummeted with an overwhelmingly adverse trend. Moving forward, your annual revenue will barely suffice to cover your family’s frugal expenses, let alone pay off your debts—it’s an impossibility.”

“Deming, younger brother, do not resist the grand trends.” Sanbao True Monarch’s refined and scholarly face also showed a trace of helplessness. “According to the contract, we can claim your family’s collateralized mining assets. But surely, your family would need these mines to sustain itself. We’re all businesspeople; it’s inevitable we might collaborate in the future, so we are unwilling to completely sever ties.”

“In my view, instead of stubbornly holding on, your family should admit defeat when necessary. Sell some fixed assets—such as Divine Spiritual Treasures, Dao-level Items, or Places of spiritual inheritance—to repay your debts. You can always reacquire them when you recover in the future.”

“Alas!”

Wei Deming Old Ancestor let out a wretched cry.

The saying “When the wall falls, everyone pushes it” perfectly describes the situation at hand.

After living over two thousand years, he could naturally understand the actions of Sanbao True Monarch and the others. The Wei Family itself had done similar things in the past.

But understanding aside, the price to be paid this time was borne by his own family. Whether it was Divine Spiritual Treasure, Dao-level Item, or Places of spiritual inheritance, those were the foundations accumulated by his family over countless generations. They could not be sold first.

“Duo Cai True Monarch, Sanbao True Monarch. Our family has sixty thousand units of Xuan Iron ingots. Can this cover part of the debt? Can the unit price be set at three hundred Immortal Crystals?” Wei Deming clasped his hands, pleading pitifully.

“Difficult!” Duo Cai True Monarch shook his head and said, “Remember, two hundred years ago, the unit price of Xuan Iron ingots was merely two hundred Immortal Crystals. Currently, prices are excessively high. Especially now that the new war armors drastically reduce the amount of Xuan Iron needed, coupled with your family’s stockpiled surplus, the inventory is vastly oversupplied. For the next century, Xuan Iron prices will likely remain deeply depressed. Furthermore, for the sake of survival, your Wei Family is bound to ramp up the exploitation of Xuan Iron mines…”

Source: Webnovel.com, updated by novlove.com