Chen Yutang's "Fujiwara Corporation" currently has a capital scale of only over one million US dollars.
In order not to arouse Fujiwara Akimasa's suspicion, Shen Yutang signed a contract with these Japanese businessmen from the Cotton Textile Chamber of Commerce and issued the loan to them first.
This directly consumed nearly one million US dollars in funds, and the purchase of more than 10,000 pieces of cotton yarn from the Cotton Spinning Chamber cost more than two million US dollars.
Shen Yutang immediately took the signed contract and went to several foreign banks in Shanghai to mortgage it.
With the halo of being the son of Fujiwara no Akimasa, the credibility of the entire Fujiwara family is also endorsed.
With these 10,000 pieces of cotton yarn, Chen Yutang was able to borrow more than one million to one hundred thousand US dollars from the bank.
As for the remaining payment of US$100,000, after Shen Yutang received the cotton yarn, he began to sign a sales agreement with his own Shengxin United Textile Factory.
The remaining $100,000 was paid from the account of Shengxin United Textile Factory, nominally at a price of 1,000 yen per piece, to directly purchase the cotton yarn from Shen Yutang.
After all this, it was still a business that went from one hand to the other for Chen Yutang.
And all the payments and loans to the major Japanese merchants of the Cotton Textile Chamber of Commerce were paid off after this operation!
More than 10,000 pieces of cotton yarn were pulled into the warehouse rented by Fujiwara Corporation, and this business war declared Shen Yutang's complete victory.
As for the big businessmen in the current Cotton Textile Chamber of Commerce, some of them were bankrupt, some were seriously injured, and Shen Yutang also became their biggest creditor.
It can be said that not only their goods were taken away, but also their lives and property were taken away.
As long as Chen Yutang demands repayment, these big Japanese businessmen will be driven to despair in a matter of minutes!
Sometimes a business war is like this. In fact, Shen Yutang didn't spend much money, she just played a trick.
He turned all the priceless cotton yarn stored by the Shanghai Cotton Textile Chamber of Commerce into his own at extremely low prices.
And those big Japanese merchants who originally owned these cotton yarns could have accumulated astonishing wealth.
It's as if I didn't do anything, but I ended up in this miserable situation today where I lost everything and even my life was in danger.
From the beginning to the end, Shen Yutang made a lot of money. The cotton yarn shipped from the United States made her one or two million US dollars.
Buying more than 10,000 pieces of cotton yarn from cotton spinners at a low price would bring her millions of dollars in profit once the price returned to normal.
Finally, there are the low-interest loans she lent to these big Japanese businessmen.
In the end, it may be impossible to recover the lent funds, but it is possible to directly acquire their assets and trading companies with good reason.
Including their former land, houses, shops in Shanghai, office buildings, as well as the trading business and staff they have run for many years.
You know, every trading company that has been run for many years by a big Japanese businessman is like a goose that lays golden eggs.
If it weren't for the debt that made it worthless, acquisitions and mergers would be carried out under normal circumstances.
The amount of money they may have to pay may be several times or even dozens of times the amount of money they are loaned!
Every step in this business war between Chen Yutang and others can be described as a plunder with huge profits.
But everything seems to be without any smoke of gunpowder, and it seems to be more reasonable and legal than open robbery!
Overnight, the scale and capital volume of Chen Yutang's "Fujiwara Corporation" increased by more than ten times.
As long as the news that there are no tens of thousands of American cotton yarns at the port is leaked, the assets of "Fujiwara Corporation" will easily reach tens of millions of US dollars!
As for the US$1 million loan from the bank when cotton yarn prices were at their lowest point.
Once the price of cotton yarn returns to normal, I can repay the loan by selling a small portion of it.
For the current Fujiwara Corporation, this is just a small amount of money.
After everything was arranged, the news that the warehouses at the port were actually empty naturally leaked out.
Upon hearing this shocking news, the price of cotton yarn in Shanghai began to rise wildly again.
From the lowest market price of 1,000 yen, it rose back to the average price of 3,000 yen in previous years within a day, and a new round of rush to buy cotton yarn emerged in the market.
The price of cotton yarn also continued to rise quietly. Without Chen Yutang deliberately raising the market price, the average price of cotton yarn eventually rose to 4,000 yen per piece.
This is not difficult to understand. After all, most of the later-stage cotton yarns on the market are only around 4,000 yen.
In order to avoid losing money, small businesses that did not join the Cotton Textile Chamber of Commerce would only sell their cotton yarn at a price of more than 4,000 yen.
Based on the market price of 4,000 yen, the market value of the more than 10,000 pieces of cotton yarn in Shen Yutang's hands now exceeds 40 million yen, which is almost close to 10 million US dollars.
Seeing that the cotton yarn warehouses at the port were actually empty, the big Japanese businessmen from the Cotton Textile Chamber of Commerce suddenly realized what was going on.
Including Matsushita Nishida and Tokugawa Sosuke, they only then realized that they had been set up.
He tricked them into selling all their cotton at a low price and made them bear huge debts overnight.
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