Chapter 877 Drinking a lot
The same is true of windfalls due to the soaring yen.
But compared with Tan Gong Restaurant and Temple of Heaven Park, Goldlion and Pierre Cardin Company have a lot to play.
Goldlion’s boss Zeng Xianzi has a high degree of trust in Ning Weimin’s judgment.
At the expense of suspending investment in northern cities in the mainland, which was originally smooth sailing, the construction of specialty stores in Beijing and Shanghai has come to a halt.
Moreover, he mortgaged the factory, borrowed some Hong Kong dollars from banks in Hong Kong City, and tried his best to collect the available funds to 18 million Hong Kong dollars.
Except for part of this money that he later used to develop the patent for a trolley suitcase, the rest was all converted into Japanese yen.
Needless to say, when the Plaza Accord came out, Zeng Xianzi, who was in the international financial city of Hong Kong, was definitely the first person Ning Weimin knew to understand what happened.
I immediately took a reassurance, and I was extremely lucky.
On September 24th, I saw with my own eyes that the Japanese financial market soared. The Japanese yen was the most outstanding in the foreign exchange market, rising far more than other major currencies of other countries.
This made Zeng Xianzi even more overjoyed and convinced of Ning Weimin.
Even the grudge I had over the failed patent registration for a trolley suitcase a while ago has completely dissipated.
Because people with a little knowledge of finance can see that the yen rises and the dollar falls, which is an inevitable long-term trend.
Don't worry about the present, the appreciation of the yen is enough to make up for the losses Zeng Xianzi invested in the trolley case patent.
If we look at the long term and focus on the mainland, the benefits he can gain are even more limitless.
For example, if the Japanese yen can rise by 30% against the US dollar, and the US dollar can always remain strong against the RMB.
At that time, Zeng Xianzi will be able to own a factory producing trolley cases in the mainland, which is equivalent to making tens of millions of RMB.
So it’s really not a pity that he stopped investing in the mainland at this time.
Although the business environment in the mainland is excellent, the desire for foreign exchange has provided favorable conditions for overseas capital.
But we can’t stand the fact that the RMB’s status in the international market is too low.
Investing in the mainland at this time actually involves serious exchange rate risks.
As is happening now, for overseas capital, a lot of the profits earned in the mainland can be wiped out due to the depreciation of the RMB.
So the best strategy is to suspend investment in the mainland and wait for the yen to rise and the renminbi to fall.
Until this trend stops or becomes stable, it is most cost-effective to use foreign exchange to transfuse the mainland.
Precisely because of this, the more Zeng Xianzi thought about it, the more he felt that Ning Weimin's reminder to hoard Japanese yen was really a clever move, allowing him to survive.
Although this huge favor was only a matter of words to Ning Weimin, it was so worthy of gratitude.
So Zeng Xianzi now simply does not believe that Ning Weimin will encounter any business obstacles in Tokyo or any difficulties that he cannot overcome.
He is 100% sure that Ning Weimin is a unique genius in the business world.
You will always make money by cooperating with him, and this guy’s eyes will always look higher and farther.
Once this kid returns to the country after a few years, he will be a dragon that can make waves in the mainland.
It wasn't Pierre Cardon that made him what he was. Rather, it should be said that it was precisely because of his hiring that Pierre Cardon's business in China was able to flourish.
For no other reason than because he had almost witnessed with his own eyes how this young man from the mainland made clever calculations step by step and navigated the shopping mall with ease.
If one success is a matter of luck, then success again and again can only be due to strength, and there is no other explanation.
For this reason, Zeng Xianzi, who already valued Ning Weimin very much, became more and more envious of Pierre Cardon's luck in recruiting Ning Weimin.
Of course, he also attaches more importance to the friendly relationship that has been established between each other, and has become more and more determined to firmly grasp this partner.
The only difference is that from now on, his regard for Ning Weimin is no longer because of Ning Weimin's status as an executive of Pierre Carton, but only because he values Ning Weimin's own talents and abilities.
So much so that he issued new instructions to his subordinates, not only requiring them to complete the cross-border registration application for Ning Weimin as soon as possible, but also to restart research on the production of trolley cases.
It’s just that the breakthrough goal this time is to optimize and process the parts of the trolley case.
Zeng Xianzi hoped to show his sincerity by relying on his pioneering scientific research results, so as to earn Ning Weimin's trust and obtain better cooperation conditions.
The situation at Pierre Cardin Company is similar to that of Goldlion.
Since being dragged to the construction site of the Guomao Building by Ning Weimin for brainwashing, he has been confused by the pie he drew, and has set a great goal in the spiritual world.
After Zou Guodong took over the actual power of Pierre Cardon China, the first thing he did was to persuade Xiong Jianmin, the leader of the financial department, to help him sort out the company's finances.
In order to implement the plan formulated by Ning Weimin, all the wealth that the company can accumulate will be exchanged for Japanese yen, and he will play hard.
Xiong Jianmin is Zou Guodong's old classmate, and he is also the only other executive in the company, except Ning Weimin, who knows the relationship between Zou Guodong and Song Huagui.
In fact, the two of them are very close both in business and in personal relationships.
It can be said that they are close friends and have a close relationship.
Therefore, although Xiong Jianmin did not believe in Ning Weimin's ghost idea at all, he advised Zou Guodong not to take risks, be confused, and believe in Ning Weimin's deception.
But later I heard that Song Huagui also knew about it and did not express any objection.
Furthermore, Zou Guodong firmly believed that Ning Weimin never made mistakes in the company's major decisions. Every time he made a plan, it proved to be very effective, and he would never joke about such an issue.
He also went out of his way to express his words in person, promising that he would be solely responsible for this matter, showing his perseverance to carry this matter through to the end no matter what.
So as the friend who knew Zou Guodong's temperament best, Xiong Jianmin was still persuaded.
In order to fulfill the righteousness of friends and for the dream described by Zou Guodong, I decided to risk my life and support my brother.
In this way, in the following days, Xiong Jianmin followed Zou Guodong's wishes and began to send people out to collect all accounts receivable.
In turn, all service providers and suppliers have requested a three-month delay in payment for various reasons.
At the same time, in order to facilitate foreign exchange exchange, Xiong Jianmin went to the Bank of China, which specializes in foreign exchange settlement business, to apply for a one-year loan of two million yuan.
Inside and out, this amounted to 16 million yuan.
Coupled with the settlement balances that come one after another from overseas customers, and the advance payments for new orders.
There are foreign exchange funds such as francs, marks, US dollars, and pounds equivalent to almost five million yuan.
In the end, Xiong Jianmin converted all the money into about 1.5 billion yen through the Bank of China at the domestic adjustment price.
To be honest, having such a large amount of cash sitting on the company's foreign exchange account without being able to move it is equivalent to destroying one's martial arts skills.
It is impossible to say that Xiong Jianmin and Zou Guodong did not feel pressure. They were thinking about when the yen would appreciate day and night. What's more, in comparison, the funds required for the company's operations pale in comparison, and even regular expenses are extremely tight.
You have to spend money carefully everywhere, otherwise it will be difficult to maintain the dignity of the company.
For example, when wages were paid in early September, the commission bonus from the sales of specialty stores was almost not enough.
Later, Xiong Jianmin had an idea and misappropriated a sum of money that Goldlion failed to transfer in time to make up for the loophole.
Otherwise, it will cause criticism from employees, and company executives will no longer remain silent and ignore this.
But fortunately, within a few days, the RMB took the lead in depreciating against the US dollar.
According to the official adjustment price, there is a 16% price difference between the RMB and the US dollar.
This is equivalent to an interest rate difference of more than 3 million yuan for the money that Pierre Cardon was lying around.
Both Xiong Jianmin and Zou Guodong breathed a sigh of relief.
Because even if Ning Weimin’s calculation is wrong, it doesn’t matter that the yen will not appreciate.
At least this business is more profitable than taking on one or two big overseas orders. I have already made enough money.
Then it is enough to explain the top and bottom of the company.
When the "Plaza Accord" came out, on September 24, the yen appreciated by 10%, which meant that the profits already received had a multiplier and doubled again.
When they settled their accounts at this time, they found out that they had made a huge profit of 10 million yuan. Xiong Jianmin and Zou Guodong really started laughing.
How could their mouths still be closed?
Even if I have a money printing machine at home, I can’t make that much money by printing bills myself!
There is no doubt that they won this bet!
The Pierre Cardon Building is no longer a flower in the mirror or a moon in the water, but a real thing that will soon be visible and tangible!
"Jianmin, is our business worth it? Are you still complaining that I have caused you to be frightened? Now we have to convert foreign exchange into RMB, and we can build a building immediately! Our company's own building ! Excited just thinking about it! ”
This day is indeed so exciting and happy.
Both Zou Guodong and Xiong Jianmin did not leave after get off work. Instead, they carefully summarized and calculated various company financial statements.
It was discovered that not only the company's basic operations had been stabilized by the recent income from specialty stores and discount stores, but the exchange rate gains were also much greater than they expected.
Everything is so beautiful, so exciting and exciting.
That’s why Zou Guodong deliberately teased Xiong Jianmin.
Xiong Jianmin, who was holding a cup of coffee in his hand, certainly didn't mind. He only laughed heartily at Zou Guodong.
“It’s worth it, it’s worth it, it’s so worth it! Our business is so worth it! However, Guodong, no matter how many buildings are built, more than 10 million is barely enough for a building. Right, and it's no more than ten floors. Have you been to the newly opened Zhaolong Hotel this year? It has a total of nineteen floors. It was built with investment from Hong Kong companies in the first two years. Considering the market price, it still costs 40 million yuan. I said, our company is a multinational company, we can't build a stingy building that can't even compare with the buildings of Hong Kong companies. So... the revolution has not yet succeeded, comrade. You still need to work hard!"
"What? You are too greedy, don't you?" Zou Guodong opened his eyes in surprise.
Xiong Jianmin’s eyes gleamed with excitement. "What's the matter? You have to have some dreams in life. Because opportunities are rare, I don't want to miss such a good opportunity in vain! As long as the yen continues to appreciate, this is no longer a pipe dream!"
" Why do I feel that there is something wrong with your mentality?" Zou Guodong couldn't help but worry, "Why have you suddenly become more extreme than me! As a financial leader, you really scare me!"
"Haha, don't be afraid. Since it was Ning Weimin's idea, then I don't think so, and you don't think so. Let's just make a call and contact Ning Weimin. Let's see what he says? As long as he says to sell us, Sell it, what if we just keep it? "
This was quite pertinent. Zou Guodong couldn't help but nodded in agreement, but then he couldn't help but joke. "Ouch, this is such a big change in your thinking. Haven't you always disbelieved him? You told him a lot of nonsense. Now you believe it?"
"Ouch, you have lost your motivation. Facts speak louder than words. Well, I admit now, this Ning Weimin is a bit righteous! It’s better to judge people correctly. This Ning Weimin really never makes fun of the company’s major decision-making issues. No matter how unconventional his ideas are, they are always good ideas. ."
Zou Guodong said happily, "Don't praise me. I don't know what I think of people! How could you not know my attitude towards him in the past? There are geniuses, but I believe it when I meet Ning Weimin. Now, I can only say that geniuses may be a little different from ordinary people."
Xiong Jianmin couldn't help laughing when he heard what he said. "Don't tell me, this kid, he is really a god. After this incident, I became a little superstitious about him. From now on, I will treat him as Jigong. The medicine he prescribes, no matter how disgusting it is, I can harden it." Swallow.”
Zou Guodong quickly waved his hand, "Yes, yes, you must not let him hear this, otherwise his tail will be raised to the sky. To tell you the truth, even now, when I think of his face that needs to be slapped, I also Angry. Old classmate, let’s not talk about work. Speaking of which, we haven’t had dinner together for a long time. Why don’t we treat you to a big drink today and don’t save money for me?
Xiong Jianmin applauded with great approval. "Okay, it's better to choose a day than to hit it. Let's celebrate today. Since we're going to have a good drink, I'll book a room at the Wenmen Hotel. If we drink too much, we'll sleep here..."
Not to mention, Zou Guodong was really happy and generous.
That night, two senior executives of Pierre Cardin Company, who were also the managers of Maxim Restaurant, had not yet taken their seats, Zou Guodong ordered the restaurant manager to get a bottle of Royal Salute, which is called a face. .
To celebrate, I opened a bottle of wine worth 1,600 yuan.
However, what they didn't expect was that as soon as they entered the restaurant, they met an acquaintance. Logistics manager Sha and quality inspector Qi Yanjun were also there.
The key is that these two people are outrageously extravagant, and it is also because of the appreciation of the yen.
Today they opened a bottle of Rémy Martin XO costing 2,000 yuan and were hiding in a small private room to celebrate happily.
Now I can compare with Zou Guodong.
Needless to say, these two boys were also embarrassed to see Zou Guodong and Xiong Jianmin.
They also didn't expect that when Manager Sha just went out to use the toilet, he was bumped into by two company colleagues who were not walking in the same direction.
Also let people see that I am so extravagant. One of them is a supervisor with real power, and the other is a financial master.
How can this cause misunderstanding?
So I was afraid that people would misunderstand that they were harming the public and enriching themselves, but I also didn't want to reveal my side business.
Manager Sha and Qi Yanjun moved Zou Guodong and Xiong Jianmin inside while making up temporary lyrics to explain.
"Oh, you two are so rare. Why are you here today? Come on, please, let's have a drink together."
They shouted in unison.
"Lao Qi has a happy event!"
"Lao Sha has a happy event!"
Hey? Why did this excuse come up again? The two of them were stunned immediately.
Zou Guodong and Xiong Jianmin looked at each other and felt it was funny.
"Which of you has something happy?"
"What is it, you want to talk about? Let us be happy for you too."
"That...that... …My cousin’s daughter is married to a Japanese, and that kid is called Yi Rich…”
“Ah, yes, his cousin’s daughter is my cousin’s daughter…”
Look, they are all in the same boat, and these two boys actually became relatives on their own.
(End of this chapter)