Chen Qing transmigrated into a period novel, becoming the aunt of a beautiful, strong, and tragic villain.
The 'beautiful and strong' parts were inherent to the villain; the 'trag...
Yang Weibin used a three-pronged approach—price war, supply disruption, and poaching—to drive He Yuxiang into a corner.
The factory shut down, workers scattered, and creditors blocked the gate.
He Yuxiang, who should have been quiet and depressed, was indeed drinking, because he had received news from Yang Yihe: "Yang Weibin has completely emptied his cash reserves, and his biggest creditor, Mr. He, already knows the news. Now all that's left is to seize the opportunity to collect the debt!"
He Yuxiang narrowed his eyes slightly, "Okay."
Yang Yihe continued to spread rumors in the port city: 'Feather Factory has received a mysterious investment, a technological breakthrough is imminent, will Yang Weibin's acquisition plan proceed as scheduled?'
This move greatly enhanced the reputation of the Feather Factory.
Yang Weibin learned that tabloids were writing nonsense, but he couldn't be bothered to pay attention. His delivery date was approaching, and although he didn't know why the price of gold had become so calm lately, he could reinvest with the cash flow and wasn't worried about anything.
But tabloids continued to report that his relationship with him had become close, with 'international gold price volatility intensifying and huge positions posing significant risks.'
The news, though a mix of truth and falsehood, has attracted a great deal of attention.
On December 18, China raised its gold purchase price.
Although the increase appeared to be small, Yang Weibin, who had no cash flow, had a bad feeling. "Quick, show me everything the newspaper says!"
He clearly saw the news in the newspaper that read, "China raises gold purchase price, possibly with significant policy intentions!"
When it comes to news at the national level...
Even the smallest piece of news can be easily amplified.
Yang Weibin frowned. The key point wasn't that China was about to raise the price of gold, but rather another financial report: "Representatives of several Hong Kong companies appeared at banks to handle huge foreign exchange transactions."
People tend to conform.
If a large number of stock market investors believe that gold prices will rise...
no!
Gold prices cannot rise!
Yang Weibin began to think about how to mobilize cash flow to suppress this wave of public opinion.
"Boss, something terrible has happened!!!"
Li Wenbin rushed in.
His face was pale.
Yang Weibin wanted to slap him when he heard the jarring sound: "Spit it out!"
Li Wenbin, trembling, showed Yang Weibin the newspaper: "Look, at the press conference of the Consumer Goods Industry Department, the 'National Consumer Goods Industry Independent Brand Support List (First Batch)' has been officially released. Selected companies will receive special technological transformation funds, priority import quotas, and tax incentives. Feiyu Factory is on the list!"
Yang Weibin was so angry his head was about to explode: "Isn't Feiyu Factory about to go bankrupt?"
I heard that he even had to borrow money from his brother's family to keep the factory running.
Li Wenbin murmured, "That..."
Enraged, Yang Weibin kicked him, his already distorted face contorting into a ferocious grimace: "Speak!"
"He Yuxiang's research has never stopped. He has now developed the latest color TV in China. The resolution is higher, it has become 16 inches, and the price has only increased slightly. So he obtained national support through legitimate channels. He only needs to develop branch factories in difficult areas. Moreover, he is willing to give China a thousand job openings. It will be launched soon."
Li Wenbin closed his eyes and finished speaking in one breath.
Yang Weibin kicked him in the head: "Damn it!!! Why weren't you told about the information we've been researching?! Huh! Why didn't you tell me?! We spent so much money to get you guys to do things, are you all dead?! Are you dead?!"
Yang Weibin was so angry that he felt like his head was on fire. He had spent tens of millions of yuan to ruin He Yuxiang's factory, all of which was his vital cash flow. He could accept that it was losing money, since it was a price war.
Who can wage a price war without losing money in the early stages?
The subsequent retaliation can be directed at the consumers.
But he lost the price war, and now he needs money but doesn't know what to do!
Li Wenbin was kicked unconscious by Yang Weibin.
"Damn it! Damn it!"
Yang Weibin continued to curse.
But for now, he can only sell off fixed assets to tide him over. Fortunately, seven days later, the trader sent good news: he is currently still making a profit.
According to the plan, this huge profit will be realized in a few months, enough to cover all his short-term debts and give him the strength to deliver the final blow to He Yuxiang.
On the same morning, his office was visited by three uninvited guests.
The first person was Anderson, Vice President of Hai Fung Bank. He was polite but distant: "Mr. Yang, based on the latest comprehensive risk assessment, the Board of Directors believes that your personal leverage and that of Weibin International are too high and overly concentrated in a single speculative position. We have to ask that you reduce your total liabilities in our bank by 30% by the end of this month, which means you must repay at least HK$24 million."
Yang Weibin sipped his coffee, looking at the bank staff. They seemed vaguely familiar, but this was the vice president of Haifeng Group; he couldn't be ordered around like that.
Immediately afterwards, Mr. He's henchman handed over a note: "Mr. He said that the end of the year is difficult, and he asked Mr. Yang to repay 10 million in interest within three days on the loan he lent him. This is the rule of the underworld, and Mr. Yang understands."
Yang Weibin forced a smile and agreed.
Mr. He is involved in organized crime.
He was holding a gun.
If you offend him, the consequences will be unimaginable.
We can't delay.
Next, his largest supplier of plastic TV casings rubbed his hands together, his face full of apology: "Mr. Yang, I'm so sorry, our factory has been exclusively contracted by Feiyu, so we can't supply your goods anymore. The previous balance..."
Yang Weibin narrowed his eyes. This guy dares to join in the fun?
Who instructed them?
Feiyu Factory?
He Yuxiang!
Is it He Yuxiang, Chen Qing, or He Yuan?
If he remembers correctly, Anderson's child with his Chinese wife seems to work at the Chinese Institute of Research!
It seems that the director of that research institute is He Yuan!
Yang Weibin closed his eyes tightly; he sensed something was wrong, yet familiar.
These people seem to have made a pact.
It was as if he was targeting He Yuxiang.
These people also agreed to target him!
But he can't indulge in any emotions right now, because he needs cash for every reason.
immediately!
immediately!
At the very least, he needs at least HK$34 million in cash to deal with the bank and Mr. Ho.
But he used all his cash to deal with He Yuxiang.
even……
Because he always managed to get something out of He Yuxiang, he mortgaged some of his real estate for cash to use against He Yuxiang.
Yang Weibin was swearing wildly in his office.
But the matter needs to be resolved.
He went to the finance department and directly ordered the CFO: "Sell our 'Li Ji' shares and cash out."
"Boss, the market is bad right now. Selling like this could result in losses..."
"Do as instructed!"
However, a massive sell-off caused the stock price to plummet.
The plan was to cash out 25 million, but only 18 million was actually received, resulting in a loss of nearly 7 million!
The cash is far from enough. (End of Chapter)