Chapter 172 Yun Yan prepares to buy the bottom of the steel market



Winter passed and autumn came, and time quickly arrived in 1997!

A lot has happened in the past ten years. Yang Qian and Ye Fan got married and had a lovely daughter.

Chen Ye was also transferred back to the Foreign Trade Department of Beijing from Shenzhen, and Yun Yan brought Guangming to live with him in Beijing.

Five years ago, Grandpa Shen and Grandma Liang passed away one after another, and two years ago, Grandpa Gu Yuantong also passed away. Before his death, he left all his property to Yun Yan, asking her to use the money to do something meaningful for him.

After Yun Yan got the old man’s inheritance, she used the money to set up an education fund in his name, which is dedicated to helping students from poor families so that they can complete their studies with peace of mind!

As for Yunyan's Xia Garment Factory, it has now become the Xia Group, whose main businesses include not only clothing and real estate, but also electronics and medical devices.

Yun Yan is now basically no longer involved in the management of the group. She just stays at home and works as a major shareholder who receives dividends.

Yun Yan’s personal assets now exceed 90 million, plus several properties in Shenzhen and Guangzhou, so she can finally rest easy for the rest of her life!

She is now finally living the life she dreamed of, with money and free time, and can go on a trip whenever she wants as long as she is in a good mood.

"Mom, are you back from Eagle Sauce Country?" Shen Guangming, who had just returned home, saw his mother whom he hadn't seen for a long time and hugged her excitedly!

Yun Yan was very happy to see her son who was taller than her. Due to policy reasons, Yun Yan and Shen Ye only had this one child, so the couple gave all their love to him.

"Yes, mom has been away for two months this time. Did you miss her?" Yun Yan asked.

"Of course I will think about it, but I'm used to it!" Shen Guangming said.

Since three years ago, my mother has been traveling all over the world, and Shen Guangming has become accustomed to it!

Yun Yan gave him the gift she brought back from the United States, which was a Walkman that is not currently sold in China.

Shen Ye also came back at dinner time, and the family sat together and ate happily.

"It's been a long time since the three of us have had a meal together at home!" Shen Guangming said.

After all, my parents are both very busy people, especially my father, who spends very few days at home throughout the year.

"During the Chinese New Year this year, both mom and dad were not in the country, so it's a pity that Guangming you were alone at home." Yun Yan said.

I had originally planned to come back to spend the New Year with my son, but some unexpected events happened, so I only returned now!

“Mom, you and Dad both have your own careers to take care of, and I’m used to it.” Shen Guangming said.

Except that my parents cannot be with me all the time, they provide me with the greatest security in other aspects of life.

Moreover, my mother only started to let me do whatever I wanted in the past two years. Before that, except for occasional business trips to Guangzhou and Shenzhen, she was with me all the time.

If she happens to have a holiday, she will take her on a trip. He is only twelve years old this year, but he has already visited all the famous scenic spots in China. I wonder how many classmates at school envy him!

After dinner, the family sat together watching TV and saw the female anchor on the financial channel reporting today's international steel prices.

"The steel price has fallen again. If it continues to fall like this, who knows how big a mess it will cause!" said Shen Ye.

The price of steel has plummeted just after the Chinese New Year this year. Now the international price of steel has fallen below 680 yuan per ton.

Many self-employed individuals who resold scrap steel went bankrupt, and some even jumped off buildings.

Yun Yan also saw the news about the plummeting steel prices. She remembered a TV series she had watched before, which was about the plummeting international steel prices in 1997.

If she remembered correctly, the price of steel would start to skyrocket in October this year. Yun Yan had an idea in her mind.

She wants to take advantage of this period to stockpile steel, and then sell the stockpiled steel after the steel price recovers. In this way, she can probably make a lot of money by trading back and forth.

The next day she flew to Guangzhou and found Liu Yanchuan at the Xia Group, asking him to help her get a quota for imported steel in the name of the Xia Group.

She planned to go to Ermao's house. Since the fall of the Maoxiong, it and Damao had separated and were so poor that they had to sell their pants. At the beginning of this year, because it could not afford the high maintenance costs of nuclear weapons, it took the initiative to give up owning nuclear weapons.

Ermao has now abandoned his own martial arts skills, and he dares to sell anything that can make money!

China’s first aircraft carrier was purchased from Ermao’s family. In addition to the aircraft carrier, there were also many scrapped weapons. Yun Yan decided to go there to buy scrap steel.

Maybe you can also see the legendary Katyusha rocket launchers, tanks and armored vehicles. After all, the weapons of the Russian Bear were among the best in the world in the past.

When Liu Yanchuan heard that Yun Yan was going to do scrap steel business, he was so scared that he couldn't hold the pen steadily.

"Mr. Yun, are you crazy? Do you know how much the price of steel has dropped now?" Liu Yanchuan said excitedly.

He thought Yun Yan must be crazy. Now those who collect scrap steel are eager to sell the scrap steel in their hands to recover funds, but Yun Yan actually wants to go to the north to import a large amount of scrap steel!

"I decided to trade in scrap steel because of the plummeting international steel prices. Fortune and wealth are sought in danger. Maybe if I buy back the scrap steel, the steel price will go up immediately!" Yun Yan said.

Of course, she would not tell Liu Yanchuan that she had the ability to predict in advance and knew that steel prices would pick up after October.

"I advise you to be cautious. This is not a joke!" Liu Yanchuan advised.

"I have made up my mind. This time I will use all my own money to buy and sell scrap steel, and will never use the company's assets!" Yun Yan said.

Seeing that she had made up her mind, Liu Yanchuan had nothing more to say. He promised to complete the task assigned to him by Yun Yan within a week.

"I also need to exchange some foreign currency in the name of the company, the amount is about two million US dollars!" Yun Yan said.

"Okay, I will contact the bank!" Liu Yanchuan said.

He decided to wait until Yun Yan left his office, then he would call Yang Qian and ask her to persuade Yun Yan. Such a large sum of money was no joke!

The Xia Group also owns real estate, and he knows the price of steel this year very well. Collecting scrap steel now is tantamount to seeking death.

After Yun Yan left the Xia Group, she immediately went to a village near the sea and found a mudflat to serve as a transfer station for scrap steel in the future.

Yun Yan signed a three-year lease with the village chief at a price of 600,000 yuan per year. She did not intend to engage in the scrap steel reselling business for a long time.

Yang Qian received a call from Liu Yanchuan and learned that Yun Yan was going to do the business of reselling scrap steel. She also thought that Yun Yan must be crazy!

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