Chapter 305: Meng Family's Funding Gap

"And then the other party broke the contract?" Meng Tian asked with wide eyes.

Meng Chang sighed and nodded, "That's right. At the last moment, they suddenly canceled the cooperation, causing us a huge loss. Now the family has no liquid assets, and many industries cannot continue to operate."

"Hundreds of thousands of sets can't be that serious, can they?" Meng Tian grew even more perplexed.

"I've already told you, the client wanted high-end products. Take the four-piece set, for instance, made of silk, the production cost for just one set is 1,200 yuan. As for bath towels and towels, they're also made of organic cotton, with a cost of 150 yuan for a single bath towel. The family invested a total of six hundred million on this export opportunity," Meng Chang patiently explained.

Upon hearing this, Meng Tian understood, if high-grade materials and complex processing techniques were used, the production costs could indeed be very high.