Rebirth 76: Industrial Internet Empire
Chapter 73 Raw Silk War
Yang Mo said in surprise: "This can be considered normal business behavior!"
Li Min smiled bitterly and said: "This is the trouble caused by the 280 million water purification equipment. We are a listed company, and it is not easy to handle the gift as a gift. We used a designated charity foundation to handle this matter, and later It was found out that the congressman had shares in that water plant, and the gift suddenly turned into a commercial bribe!"
Yang Mo continued to ask: "Miss Li Min, do you think this matter was just uncovered accidentally, or is someone making a fuss about it?"
Li Min looked at Yang Mo as if he were a fool and said, "This kind of thing is common in Xiangjiang! Otherwise, those councilors who live in mid-level villas, go to high-end clubs every day, and spend extravagantly, where do their money come from? ? Of course someone is making a fuss about this matter!"
"Miss Li Min, do you know who is making a fuss about this matter?" Yang Mo continued to ask.
Li Min lowered his voice and said: "I don't know who the specific person is. Anyway, there are rumors in the company that this matter is related to a shareholder of the company, and the financial backer behind this matter is said to be Japanese..."
Yang Mo blurted out: "Japanese?"
Li Min whispered: "It is said that a textile company in Fukushima, Japan, has taken a fancy to our silk reeling factory and wanted to acquire Nanfeng Textile's shares, but our chairman rejected it. There is a shareholder who has been asking for help in the past few months. Secretly persuade other small and medium-sized shareholders to transfer their equity to the Japanese!"
Yang Mo has roughly understood the ins and outs of the matter. Guo Kexin just accidentally got involved in a battle for equity. It is still unclear who will win in the end!
Yang Mo pondered for a moment and then asked: "What is the approximate shareholding structure of Nanfeng Textile? Can the Japanese succeed?"
Li Min sighed with regret: "The ownership structure of Nanfeng Textile is extremely dispersed. It is very likely that the chairman of the board of directors will change hands this time!"
After Yang Mo got the answer he wanted, he stood up and prepared to leave. When he left, he said in Lin Chen's ear: "This girl is good, don't let her down!"
Yang Mo only needs to increase enough margin to ensure the safety of the position and continue to buy Nanfeng Textile stocks at bargain prices. When the battle for equity becomes clear from the current undercurrent, Zongheng Investment will be able to make a lot of money... …
But thinking of the huge losses China suffered from the Japanese in the export of silkworm cocoons and raw silk, Yang Mo didn't want to stay out of the matter.
The Japanese are not just targeting a silk reeling factory, but the entire raw silk industry chain.
In this era when many people are unable to fill their stomachs, in order to earn foreign exchange, China has to tighten its belt and free up part of its farmland to plant mulberry trees to raise silkworms.
You cannot judge the rights and wrongs of history with your current perspective. At that time, if you wanted to industrialize and develop, you had to have sufficient foreign exchange to purchase advanced foreign equipment. And earning foreign exchange is obviously more important than food and clothing. If you don’t want to live forever Struggling on the line of food and clothing, you must make choices!
What is disappointing is that because China does not have enough silk reeling factories and a modern textile system, a lot of cocoons and raw silk are exported to Japan at low prices and then re-exported to Europe!
The single export trade method and the competition for foreign exchange quotas among provinces have been repeatedly taken advantage of by the Japanese. Japanese raw silk textile companies usually join forces to make up various reasons to lower prices and reduce orders to provoke price wars among provinces. The foreign trade and economic departments of each province have taken the initiative. Lowering prices to obtain Japanese orders alone costs China millions of dollars in foreign exchange losses every year.
There is also news from Guo Kexin. Most of the accounts that short-sold to suppress the stock price of Nanfeng Textile are newly opened accounts. Most of the owners of these accounts come from a Taekwondo gym in Tsim Sha Tsui. The owner is named Igenjiro.
The next morning, Lin Xi also used Qingshan Law Firm's relationship to find out this year's raw silk purchase prices for the foreign trade and economic cooperation departments of various provinces in the mainland.
Sure enough, just as Yang Mo had guessed, when the Japanese were negotiating with the foreign trade and economic bureaus of various provinces, they claimed that the production of mulberry silkworms in Indonesia and Thailand had soared this year, and the purchase price of raw silk they offered plummeted from US$1.8/ton last year to US$1.2. / ton, the price of silkworm cocoons has dropped to less than two yuan / catty...
The news coming back from Indonesia and Thailand is that the purchase price of local silkworms is stable, the same as in previous years...
As more and more information is gathered from all parties, Yang Mo has a clear picture of the Nanfeng Textile commercial bribery case: the initiator of the entire incident is Maeda Morio, president of the Yokohama Silk Products Industry Association, Xiangjiang's light industry is developed, Nanfeng Textile It is also a first-class textile company in Asia. It is not inferior to Japanese textile companies in terms of technology and equipment. The commissioning of Asia's largest silk reeling factory will completely change the pattern of Japan's monopoly on Asia's raw silk trade. Backed by mainland China, the world's largest cocoon production area, Soon, an industrial chain from silkworm breeding, acquisition, drying, reeling, textile, printing and dyeing will be completely dependent on Japan!
In order to maintain Japan's monopoly in the raw silk industry chain, Morio Maeda teamed up with silk product manufacturers in Kawamata Town, Fukushima, to set a trap for Nanfeng Textile. Through successive thunderstorms, he forced small and medium-sized shareholders to sell their holdings at low prices. Equity...
Even though he knew about the Japanese conspiracy, Yang Mo was helpless. Zhiyuan's foundation was still shallow and fledgling, and he couldn't compete with them in terms of connections or funds.
The most critical thing is that Zhiyuan's current priority is to complete the orders in hand: 20 tons of large petrochemical equipment, 25 tons of fertilizer production lines, oil extraction machines, and mining machinery all need to go back to the mainland to organize production by downstream supporting suppliers. What makes him even more annoyed is that they are facing In such a complicated situation, as a fugitive, I cannot return to the country...
The Daqingwan Machinery Factory is about to expand its production capacity. Although there is no shortage of equipment and factory buildings, there is a serious shortage of skilled workers. Technical personnel have to be dispatched to guide mainland companies to complete the production of supporting facilities.
Yang Mo, who was helpless and unable to do anything, felt a deep sense of frustration for the first time. Several years of queue-jumping life made him understand the hardships of farmers and what it means to be in poverty. Only those who have experienced it personally know that hunger and poverty are such factors. The two most terrifying things in the world!
In this era where economic circulation is almost completely closed, farmers who depend on the weather, apart from toiling to dig food from the fields, can only raise a few old egg-laying hens, raise a silkworm at the turn of spring and summer, and serve them. Silkworms go up the mountain to weave grass dragons to spin cocoons. The hardships involved are difficult for outsiders to understand.
However, the upstream industrial chain is firmly controlled by the Japanese. In order to make huge profits, the purchase price of silkworm cocoons has dropped from the peak of eight yuan per catty to less than two yuan...
The officials of the Foreign Trade and Economic Cooperation Bureau don't care about the hardships of ordinary people. They lower the purchase price when the Japanese offer is low. They even engage in price wars with brother provinces and cities for the sake of their own achievements in foreign trade to earn foreign exchange, lowering the purchase price to grab orders from the Japanese. …
Yang Mo, who was powerless to change all this and could only stay out of the matter, did not expect that when the tree wanted to be quiet but the wind continued, a phone call Guo Kexin received would involve Zongheng Investment...
Li Min smiled bitterly and said: "This is the trouble caused by the 280 million water purification equipment. We are a listed company, and it is not easy to handle the gift as a gift. We used a designated charity foundation to handle this matter, and later It was found out that the congressman had shares in that water plant, and the gift suddenly turned into a commercial bribe!"
Yang Mo continued to ask: "Miss Li Min, do you think this matter was just uncovered accidentally, or is someone making a fuss about it?"
Li Min looked at Yang Mo as if he were a fool and said, "This kind of thing is common in Xiangjiang! Otherwise, those councilors who live in mid-level villas, go to high-end clubs every day, and spend extravagantly, where do their money come from? ? Of course someone is making a fuss about this matter!"
"Miss Li Min, do you know who is making a fuss about this matter?" Yang Mo continued to ask.
Li Min lowered his voice and said: "I don't know who the specific person is. Anyway, there are rumors in the company that this matter is related to a shareholder of the company, and the financial backer behind this matter is said to be Japanese..."
Yang Mo blurted out: "Japanese?"
Li Min whispered: "It is said that a textile company in Fukushima, Japan, has taken a fancy to our silk reeling factory and wanted to acquire Nanfeng Textile's shares, but our chairman rejected it. There is a shareholder who has been asking for help in the past few months. Secretly persuade other small and medium-sized shareholders to transfer their equity to the Japanese!"
Yang Mo has roughly understood the ins and outs of the matter. Guo Kexin just accidentally got involved in a battle for equity. It is still unclear who will win in the end!
Yang Mo pondered for a moment and then asked: "What is the approximate shareholding structure of Nanfeng Textile? Can the Japanese succeed?"
Li Min sighed with regret: "The ownership structure of Nanfeng Textile is extremely dispersed. It is very likely that the chairman of the board of directors will change hands this time!"
After Yang Mo got the answer he wanted, he stood up and prepared to leave. When he left, he said in Lin Chen's ear: "This girl is good, don't let her down!"
Yang Mo only needs to increase enough margin to ensure the safety of the position and continue to buy Nanfeng Textile stocks at bargain prices. When the battle for equity becomes clear from the current undercurrent, Zongheng Investment will be able to make a lot of money... …
But thinking of the huge losses China suffered from the Japanese in the export of silkworm cocoons and raw silk, Yang Mo didn't want to stay out of the matter.
The Japanese are not just targeting a silk reeling factory, but the entire raw silk industry chain.
In this era when many people are unable to fill their stomachs, in order to earn foreign exchange, China has to tighten its belt and free up part of its farmland to plant mulberry trees to raise silkworms.
You cannot judge the rights and wrongs of history with your current perspective. At that time, if you wanted to industrialize and develop, you had to have sufficient foreign exchange to purchase advanced foreign equipment. And earning foreign exchange is obviously more important than food and clothing. If you don’t want to live forever Struggling on the line of food and clothing, you must make choices!
What is disappointing is that because China does not have enough silk reeling factories and a modern textile system, a lot of cocoons and raw silk are exported to Japan at low prices and then re-exported to Europe!
The single export trade method and the competition for foreign exchange quotas among provinces have been repeatedly taken advantage of by the Japanese. Japanese raw silk textile companies usually join forces to make up various reasons to lower prices and reduce orders to provoke price wars among provinces. The foreign trade and economic departments of each province have taken the initiative. Lowering prices to obtain Japanese orders alone costs China millions of dollars in foreign exchange losses every year.
There is also news from Guo Kexin. Most of the accounts that short-sold to suppress the stock price of Nanfeng Textile are newly opened accounts. Most of the owners of these accounts come from a Taekwondo gym in Tsim Sha Tsui. The owner is named Igenjiro.
The next morning, Lin Xi also used Qingshan Law Firm's relationship to find out this year's raw silk purchase prices for the foreign trade and economic cooperation departments of various provinces in the mainland.
Sure enough, just as Yang Mo had guessed, when the Japanese were negotiating with the foreign trade and economic bureaus of various provinces, they claimed that the production of mulberry silkworms in Indonesia and Thailand had soared this year, and the purchase price of raw silk they offered plummeted from US$1.8/ton last year to US$1.2. / ton, the price of silkworm cocoons has dropped to less than two yuan / catty...
The news coming back from Indonesia and Thailand is that the purchase price of local silkworms is stable, the same as in previous years...
As more and more information is gathered from all parties, Yang Mo has a clear picture of the Nanfeng Textile commercial bribery case: the initiator of the entire incident is Maeda Morio, president of the Yokohama Silk Products Industry Association, Xiangjiang's light industry is developed, Nanfeng Textile It is also a first-class textile company in Asia. It is not inferior to Japanese textile companies in terms of technology and equipment. The commissioning of Asia's largest silk reeling factory will completely change the pattern of Japan's monopoly on Asia's raw silk trade. Backed by mainland China, the world's largest cocoon production area, Soon, an industrial chain from silkworm breeding, acquisition, drying, reeling, textile, printing and dyeing will be completely dependent on Japan!
In order to maintain Japan's monopoly in the raw silk industry chain, Morio Maeda teamed up with silk product manufacturers in Kawamata Town, Fukushima, to set a trap for Nanfeng Textile. Through successive thunderstorms, he forced small and medium-sized shareholders to sell their holdings at low prices. Equity...
Even though he knew about the Japanese conspiracy, Yang Mo was helpless. Zhiyuan's foundation was still shallow and fledgling, and he couldn't compete with them in terms of connections or funds.
The most critical thing is that Zhiyuan's current priority is to complete the orders in hand: 20 tons of large petrochemical equipment, 25 tons of fertilizer production lines, oil extraction machines, and mining machinery all need to go back to the mainland to organize production by downstream supporting suppliers. What makes him even more annoyed is that they are facing In such a complicated situation, as a fugitive, I cannot return to the country...
The Daqingwan Machinery Factory is about to expand its production capacity. Although there is no shortage of equipment and factory buildings, there is a serious shortage of skilled workers. Technical personnel have to be dispatched to guide mainland companies to complete the production of supporting facilities.
Yang Mo, who was helpless and unable to do anything, felt a deep sense of frustration for the first time. Several years of queue-jumping life made him understand the hardships of farmers and what it means to be in poverty. Only those who have experienced it personally know that hunger and poverty are such factors. The two most terrifying things in the world!
In this era where economic circulation is almost completely closed, farmers who depend on the weather, apart from toiling to dig food from the fields, can only raise a few old egg-laying hens, raise a silkworm at the turn of spring and summer, and serve them. Silkworms go up the mountain to weave grass dragons to spin cocoons. The hardships involved are difficult for outsiders to understand.
However, the upstream industrial chain is firmly controlled by the Japanese. In order to make huge profits, the purchase price of silkworm cocoons has dropped from the peak of eight yuan per catty to less than two yuan...
The officials of the Foreign Trade and Economic Cooperation Bureau don't care about the hardships of ordinary people. They lower the purchase price when the Japanese offer is low. They even engage in price wars with brother provinces and cities for the sake of their own achievements in foreign trade to earn foreign exchange, lowering the purchase price to grab orders from the Japanese. …
Yang Mo, who was powerless to change all this and could only stay out of the matter, did not expect that when the tree wanted to be quiet but the wind continued, a phone call Guo Kexin received would involve Zongheng Investment...
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