Chapter 139: Getting something for nothing? He used the US dollars intercepted by the bank...
Chapter 139: Getting Something for Nothing
"Today, someone from the Flying Eagle Factory came again to urge us to pay, and even produced a copy of the overseas remittance receipt. The money will be delayed for two or three days at most before they can settle the foreign exchange.
Yes, Xiao Zhao, this is what Auntie thinks. Their factory is not big, so there must not be many employees. Giving them three or five hundred thousand is enough.
The $6 million or so that's more money than money. I'll put your application at the front of the queue. I can't say how much the president will approve, so I can only offer some support."
"...Yes, this Canton Fair earned more foreign exchange than before, but we can't touch those big companies."
For example, in the textile and light industry sectors, each of them is well-known and has strong backing, and they are large factories with thousands of workers. When it comes to the jobs of so many people, they also treat people differently based on their circumstances.
Banks are professionals when it comes to intercepting funds.
No matter whose money it is, once it’s in the bank account, the bank has the final say.
If you want to get money out of the bank, even if it is your own money, it will take some effort.
Of course, Yan Jiuru didn't think that he could get things done just by coming here.
Although he was gone, his spirit was still there, so he could hear the woman named Qian talking on the phone.
***
The midterm exam was coming up soon, so Yan Jiuru rushed back to school to take two professional courses. After class, he hurriedly ran to the small processing plant of the Institute of Technology with his books.
He needs to decide whether to set up a new supporting factory or change the current main body.
The most important thing is to see whether the professors and teachers will continue to do the same thing.
Their supporting factory is technologically advanced, and some of the work is beyond the reach of ordinary people.
Professor Song Qingyun was instructing several students, explaining as they worked. Seeing Yan Jiuru approach, he smiled and said, "Thanks to your continued attention, I've reissued half of the funding today. They said they'll give me the rest next week."
So during these few days at noon, everyone lined up to get meat dishes.
As for going somewhere else? Haha, teachers just love teaching.
Yan Jiuru rushed to Institute 107 again in the evening.
Every day you delay means there will be more variables. It is better to put your money in your pocket as soon as possible.
He needs to chase Old Wu more closely.
If Old Wu takes action, there will definitely be results.
Sure enough, Director Wu said to Yan Jiuru with a sullen face, "Advance payments have been coming in since the 16th. As of today, a total of 9 overseas accounts have received payments, totaling 6.78 million US dollars in advance payments.
However, two payments totaling over $200,000 USD have already been transferred.”
Yan Jiuru couldn't sit still any longer: "No, what right do they have?
This is our money. We were just going through the motions with them according to the regulations. How can they just transfer it away whenever they want?
Don't you need our factory's approval?"
Yan Jiuru was so angry that he laughed.
It seems like he is busy every day, going to school and worrying about the factory. How can he be like this just to earn a little money?
"Director, we at Feiying are nominally affiliated with the 107th Institute. If we can't get the money and can't keep up with production, we'll have to pay triple the penalty."
He doesn't care who allocated the money. Since he is so capable, he doesn't mind giving the other party a close call. Feiying is affiliated with Institute 107, and the liability for breach of contract is also borne by Institute 107.
Old Wu also knew that Yan Jiuru could indeed do what he said.
It would not be too easy for him to breach the contract, otherwise the 107 institutions would be the ones in trouble.
Old Wu is still thinking about the management fee he is about to receive, so how can he afford to lose money?
Yan Jiuru is not threatening the institute, but that is the fact.
He also said to Old Wu, "I heard the woman surnamed Qian at the window talking on the phone with a nephew surnamed Zhao... I want to find out where this Zhao came from."
Tsk, if you dare to covet the meat in his bowl, it depends on whether he agrees or not.
***
Yan Jiuru ran around all day today and failed to accomplish anything.
One is that the money has not arrived;
Secondly, he spoke with the teachers in the school factory and found out that everyone still preferred working in school.
They say there is an academic atmosphere, but if you are pulled out to work in a factory, you will feel uncomfortable, even if you are promised better treatment.
It seems that he still has a long way to go before he can set up his own supporting factory.
The next day, Yan Jiuru had classes in the morning, and Accountant Hu went to the bank.
After school at noon, he rushed to the factory.
Accountant Hu also returned and said to the factory manager, "They said they checked today and found these few incoming transactions. I applied for foreign exchange settlement, but the counter said there are a lot of orders at the Canton Fair recently, so I have to wait in line to settle the exchange."
What 'several incomes'!
If Old Wu hadn't checked yesterday, he might have believed the bank's lies.
Still waiting in line to settle your foreign exchange?
Don't divide everything up for him and only have a few left to get rid of?
"It's not just a few transactions, it's all been deposited. Go there when you get to work this afternoon. I remember that our foreign trade account can retain a portion of the foreign exchange, and the rest can be converted into RMB."
Accountant Hu nodded.
Although he felt that the possibility was small, he had to do whatever the factory director told him to do.
Yan Jiuru asked Assistant Ding about the recruitment registration.
Assistant Ding: "The phone was almost ringing off the hook this morning. These people, too, don't believe what's in the newspaper and insist on calling to ask."
"By the way, Director, if we recruit all these people at once, we won't have enough space for the canteen and dormitories."
Yan Jiuru glanced at the accounting office and said, "Later, remember to find the people who built the factory for us and build two more dormitory buildings behind the original dormitory. The canteen should be enough. When the time comes, we can find two more skilled chefs."
Assistant Ding rubbed his hands: Director, are you already spending the money before you even get it?
***
As expected, Accountant Hu came back in the afternoon with a huge disappointment.
“Forget 30%, not even 10%.
The window said that policies are policies and their implementation depends on the actual situation.
I said we were waiting for the money to start work and buy materials, but after much persuasion, they only approved my application for $50,000 in foreign exchange settlement."
Fifty thousand dollars may sound like a lot, but compared to the advance payment of six or seven million dollars, it is nothing.
Yan Jiuru was truly enlightened.
He didn't expect that the bank wouldn't even give him $100,000, even though it was all his money.
If this had happened in the past, he would have gone to the door and not cared about who was the boss.
But now it's different.
He still didn't know the backgrounds of the people with the surname Zhao and Qian.
Although Yancheng has experienced several years of turmoil, those who can stay are not simple. It is very likely that after the young ones are defeated, the old ones will come. The power of these people cannot be ignored.
Whether the man with the surname Zhao or Qian, if his orders were limited to this wave and they didn't need to deal with each other in the future, he wouldn't mind using some tricks to pay it back. But now he has to be more cautious if he wants to get rid of the other party at the root.
***
Two days later, Yan Jiuru looked through the information he had in his hands.
"Zhao Ming! This kid is quite good at scheming."
The Zhao family is not an old family in Yancheng. They developed after the war years. The family is centered around the old man, and most of the family members are either in high-level positions in the military or in politics.
In today's Yancheng, it is considered one of the top forces. Although it was also dealt with in the past few years, after the policy was restored, it is still supported by powerful figures at the military and political levels.
Zhao Ming is a relatively active person among the third generation of the Zhao family. He is about the same age as Yan Jiuru, but he went to college for more than a year in his early years. Later, when the school was closed, he just got a diploma.
It’s just a college diploma, not difficult for their family.
The Zhao family now mainly has the old man living in the weapons compound. The old men and women from various families see each other every day, and the children from various families are also familiar with each other.
Look, although the Qian family itself is not in this circle, the Qian family has a sister who married into the weapons compound, so they can be considered relatives.
In their view, the older generation basically does not need connections, but it is common for young people to help each other with things.
Yan Jiuru flipped through the pages again and saw some black market materials about dealings with Daye. He finally understood.
This Zhao Ming is getting something for nothing.
***
The United States is at war with Afghanistan this year, its oil exports have been restricted, its light industrial production is seriously insufficient, and it has even begun to use its gold reserves to buy food on the international market.
Anything that is in short supply can be profitable, and many people have also realized this.
Zhao Ming is one of them.
He used the US dollars intercepted by the bank to buy food and daily necessities from overseas, and then used these to privately exchange with officers from the Big Goose for diesel, gasoline and other supplies that were in short supply in the country.
These production materials can be sold easily no matter where they are taken. He makes a lot of profit from the difference without making a penny.
The profits from this kind of reselling are huge, and you can make a small profit by just grabbing a peanut. It must be operated through a foreign trade company.
No wonder they targeted their Flying Eagle Factory.
The factory is small, has a lot of foreign exchange, and has no background. The bank finds excuses to delay payment. They can make a lot of money by trading the foreign exchange for three or two months.
Small factories like theirs may not even know the ins and outs, and they just think there are regulations from above, so they just wait foolishly.
Yan Jiuru looked at the information at the back again.
Zhao Ming must have been doing small things before and making some money, but this time he was planning to do something bigger, so he contacted the bank's sister who was responsible for foreign exchange settlement through his younger sister named Qian.
The two agreed that half of the six million US dollars could be withheld and given to Mr. Zhao, who would make a net profit of hundreds of thousands of US dollars within three to five months.
Yan Jiuru pointed his finger at the name of the foreign trade company that the other party was affiliated with. He now suspected that this foreign trade company was set up by these people themselves.
This will make it easier for them to transfer money back and forth.
Yan Jiuru sneered, his eyes cold.
There are such people in every world. If the other party does not provoke him, he will not bother with these bad things. But if the other party sets his sights on his money, that's not okay.
***
Yan Jiuru picked up the phone and called according to the information on the file.
The phone rang several times before a woman answered: "Hello~ Who's calling?"
"I'm looking for Zhao Ming!"
"Ah, wait a minute..."
When the woman answered the phone again, she said, "I'm sorry, he's not home. Why don't you leave a message?"
Yan Jiuru guessed that this woman was the family's nanny.
He thought for a moment and said, "Tell him that Feiying is looking for him. Ask him to wait for the call at home at 8 o'clock tomorrow morning."
At the Zhao family's side, the nanny, Mrs. Li, put down the phone and walked out muttering to herself.
She was afraid that she might remember the message incorrectly, so she repeated it several times.
Old Mr. Zhao, who was bored in the living room, tapped the ground with his cane and asked, "Who's looking for the second kid?"
He was old, and the turbulent years in the past had left many scars and shrapnel on his body. These had grown into the flesh and could not be removed. He began to suffer in his later years.
Fortunately, these old guys are like mascots now. They can go for treatment and recuperation when they have nothing to do, and they don’t have to worry about anything else.
As long as the children in the family don't go astray, their future will be good.
It’s just that the second grandson is very active. In his opinion, he is too active and he has to keep an eye on him.
Seeing the old man asking, Sister Li hurriedly said, "A man named Feiying, let the second young master wait for a call at home tomorrow morning."
"Fly, Eagle?"
Mr. Zhao was sure he had never heard of the second son having such a friend. He frowned and asked the nanny, "Do you know what the second son has been busy with lately?"
Nanny Mrs. Li: How would I know this? Even if I knew, I wouldn’t dare to say it.
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