Shen Yutang arrived late. In fact, she had already learned from Manager Wang Jianbin this morning about the arrival of Japanese businessmen such as Matsushita Nakata and Tokugawa Sosuke.
It goes without saying that they have all been forced into a corner by the plummeting cotton yarn prices in Shanghai in recent days!
They came to her own "Fujiya Co., Ltd." at this time, obviously to ask her for help.
When Shen Yutang learned that the Japanese big businessmen from these cotton textile chambers of commerce had come to her on their own initiative, she urgently summoned the undercover agents from the Special High Section who had infiltrated these Japanese trading companies.
These undercover Japanese spies who infiltrated these Japanese trading companies were ordered to investigate all the details of the bosses of these trading companies.
Including the basic price of the cotton yarn they each stockpiled, the assets they each owned, and even their liabilities.
Shen Yutang was well aware of the bottom price of the cotton yarn these people had hoarded before. Their average price was 4,000 yen per piece.
䀴Their assets and liabilities are the key to Shen Yutang's ultimate control over these Japanese businessmen.
The price of cotton yarn will never fall to zero. No matter how panic there is on the surface, cotton yarn always has its value.
In this situation, in order to bankrupt most of the Japanese merchants in the Cotton Textile Chamber of Commerce, it was necessary to know the extent of their debts.
As long as their existing assets and the proceeds from the subsequent sale of cotton yarn still cannot cover, or can just cover, their liabilities.
Then overnight, Shen Yutang could force them into penniless poverty!
This is why Chen Yutang had to come late that day and only showed up in the evening.
During the day, Shen Yutang got a clear picture of the details of Matsushita Nakada, Tokugawa Sosuke and others from the Japanese undercover spy he sent out.
Generally speaking, as long as the price of cotton yarn falls below 2,000 yen, even if these Japanese big businessmen sell all the cotton yarn they have stockpiled, it will not be able to cover their respective debts.
It is the same for businessmen in any era. It is impossible to do business entirely with their own capital.
It is always necessary to borrow and finance in different ways.
The debt repayment period for these people is no longer than one month at the shortest and no more than three months at the longest.
If the principal and interest of the debt cannot be repaid within the due date, their goods and assets will be reasonably and legally seized and confiscated by the debtor.
There are also people who borrow money from certain Japanese conglomerates at high interest rates. If they are unable to repay the loan and interest on time, their lives may even be in danger!
After understanding the details of these guys, Shen Yutang had the confidence to negotiate with them.
Of course, the rumor that tens of thousands of pieces of cotton yarn were shipped to the port was false after all.
Before this rumor is exposed, Shen Yutang must act quickly and buy all the cotton yarn stockpiled by the Cotton Textile Chamber of Commerce at a low price!
Shen Yutang did not have tens of thousands of pieces of cotton yarn, but the total number of cotton yarn stockpiled by the Cotton Textile Chamber of Commerce should be more than ten thousand pieces.
According to the normal price, it would definitely cost Shen Yutang a lot of money to consume so much cotton yarn.
But what if the final price of cotton yarn is 1,000 yen per piece?
To produce these 10,000 pieces of cotton yarn, it would only cost 10 million yen, or at most 2 million US dollars.
Shen Yutang can definitely afford this amount of money.
Continue read on readnovelmtl.com
