The directors and deputy directors of major departments such as the Finance Department, Design Department, Human Resources Department, Marketing Department, Advertising Department, and General Affairs Department of Qingcheng Group all gathered in this meeting room for a meeting.
This meeting was the same as the one a few days ago.
Due to a large amount of autumn lingerie being produced, the direct-operated stores and franchise stores under Qingcheng Group couldn't sell them, resulting in not only a large backlog of inventory but also huge daily losses in labor costs, store rent, utilities, etc.
The main issue is that the credit loan is nearly exhausted, and all the principal has been converted into those autumn lingerie, with monthly interest rates being extremely high in such a situation.