After seeing his classmates off, Yuan Fangguo's mood quickly changed from sadness to striving.
Whether it is a hospital, an advertising company or a motorcycle factory, everything is proceeding in an orderly manner.
With the addition of Tong Mingzhu, a powerful assistant, Huaxialong Motorcycle's sales performance in North China is quite encouraging, and even some markets in Northeast China close to North China have been opened up.
One month after Tong Mingzhu joined, motorcycle sales reached 150,000 units, and the collection time was greatly shortened. Basically, all sellers could get their money back in about a month. This was undoubtedly a shot in the arm for Yuan Fangguo, who already had limited working capital.
Zhao Yong and Da Fei also learned very quickly under Tong Mingzhu. As veterans, they had a vigorous and decisive military style, but compared with the courageous Tong Mingzhu, they still pale in comparison. However, it was also under Tong Mingzhu's "iron-fisted" approach that the passion for doing things and starting businesses deep in the hearts of Zhao Yong and Da Fei was fully stimulated. Although they were often criticized by Tong Mingzhu, their comprehensive ability and quality grew very fast.
On July 1, Hong Kong returned to China, and the whole country was immersed in celebration, washing away a century of humiliation.
On July 2, Thailand announced it would abandon its fixed exchange rate system and adopt a floating exchange rate system. The Asian financial crisis swept across East and Southeast Asia, causing sharp currency devaluations in countries like Thailand, Singapore, and South Korea. This also led to sharp declines in most major Asian stock markets. This impacted Asian foreign trade businesses, leading to the closure of many large companies, unemployment, and a period of social and economic depression. This disrupted Asia's rapid economic growth. Several major Asian economies began to decline, and political chaos ensued in some countries.
At the beginning of Hong Kong's return, the financial crisis swept in. At Yuan Fangguo's suggestion, Lin Huayong sold his stocks in time and avoided bankruptcy.
In mid-July, Lin Huayong returned to Chengdu with a feeling of having escaped the financial crisis.
He found Yuan Fangguo as soon as possible.
"Fang Guo, if you hadn't reminded me, my business in Hong Kong would have been ruined." Lin Huayong said with a look of relief.
"It was just a feeling of mine, but I didn't expect it to come true." Yuan Fangguo said with a smile.
"Sometimes feelings are very important. Let me tell you a story that I heard from someone else." Lin Huayong said as he picked up the teacup and took a big sip.
He was telling a story about the Rockefeller family, a wealthy American family. On the eve of the Wall Street stock market crash, Rockefeller asked a street shoe shiner to shine his shoes on his way to work. Unexpectedly, the boy started talking to him about stocks, offering detailed advice on which stocks to buy and which ones would yield the most profit. He thought to himself, "If even an ordinary shoe shiner is talking about stocks, the stock market must be in big trouble." Rockefeller then cashed in his stocks, a move that preserved his wealth.
"This is the feeling. In fact, this feeling is not groundless, but is based on an observation of the surrounding situation. If it weren't for you, I would probably be dead." Lin Huayong said while wiping the sweat from his forehead. He hadn't seen him for half a year, and his hair had turned a little white.
Although Lin Huayong promptly sold his Hong Kong stocks, his Southeast Asian businesses suffered significant losses. From this point on, he became more cautious, shifting his capital towards Europe and the United States. In Lin Huayong's view, as developed countries, Europe and the United States possessed mature financial systems, unlike many Asian countries, which were riddled with vulnerabilities and vulnerable to attack.
The Chinese government was hardly affected by the financial crisis because of its large foreign exchange reserves and strong regulation. Yuan Fangguo had plenty of working capital on hand because Song Yide approved a loan of 100 million yuan for him in May, so his business was not affected at all.
Zhao Yong also reported one thing to Yuan Fangguo in time, that is, Mr. Liu Qiandong, the president of Jingdong Technology Co., Ltd., gave them the software they wrote. This software is connected to the Internet and is divided into two levels, one is the general distributor and the other is the distributor. Data is shared between the software, and the inventory status of the warehouse and the distributor can be viewed in time, so that the headquarters can adjust the product quantity in time.
The North China region has already started pilot use. Yuan Fangguo also learned about the operation and use of the software over the phone. According to feedback from Zhao Yong, the current effect is quite good.
At present, some telecom users have started to use dial-up Internet access, but due to transmission and network bandwidth issues, the software cannot be transmitted from the North China region to Chengdu through the network for the time being. After thinking about it, Yuan Fangguo told Zhao Yong on the phone to bring it over when he returns from North China next time.
Zhao Yong agreed immediately.
The financial crisis had little impact on the mainland, but for Hong Kong, the initial impact was quite significant. The stock market was turbulent and the Hong Kong dollar appreciated... Affected by this, the share price of Emperor Group also fell for several days, forcing Emperor Group CEO Yang Chengshou to quickly look for funds.
Yuan Fangguo also learned the news from Lin Huayong. The impact on Hong Kong was only temporary, but this time Hong Kong people suddenly felt as if the end of the world was coming. Taking this opportunity, Yuan Fangguo bought a total of 30% of the shares sold by other shareholders of Emperor Group. In terms of shareholding ratio, he is the second largest shareholder after the largest shareholder Yang Chengshou.
He Yingjie's daughter Song Yiting also returned to the mainland from Hong Kong due to the impact of the Hong Kong financial crisis. After studying in Hong Kong for more than a year, she was still unable to truly become a star with appeal. This made He Yingjie very angry and felt that he had been tricked by Yuan Fangguo.
The next day after her daughter came back, she went straight to the motorcycle factory, ready to have a good talk with Yuan Fangguo.
However, Yuan Fangguo's office was not in the motorcycle factory, which left He Yingjie empty-handed. The people in the factory were not quite sure why He Yingjie was looking for Yuan Fangguo. Seeing her aggressive look, they thought something big had happened, so they quickly called Yuan Fangguo.
After receiving the call, Yuan Fangguo was not in a hurry and asked He Yingjie to go to the teahouse to find him.
With a face full of anger, He Yingjie went straight to his own Yipinxiang Teahouse.
When she saw Yuan Fangguo, she suddenly felt that she might be too much of a shrew.
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