Zheng Xin was also very shocked, but he didn't panic. He nodded and continued to report to Ye Xuan.
"Alright, Chairman Ye. It's like this. There were some strategic mistakes last year that have been reported to the headquarters. This year, the strategic direction is considered good. However, in March and June, the development was unsatisfactory and we suffered a huge setback. This included the heavy industry, hardware, and virtual currency. These three projects were severely damaged. In the end, we had no choice but to transfer some resources from the other two projects over to temporarily make up for this hole. However, we still lost about 300 million yuan in the end. Fortunately, we welcomed a major opening in heavy industry…"
Zheng Xin said a lot of things and Ye Xuan heard it clearly. However, he didn't want to blame Zheng Xin. Humans weren't saints. No matter how capable a talent was, there would be mistakes.