When will I have a long tassel?
Chapter 251 Retreat bravely from the rapids
Rao Si Tong ran away happily. Li Taiyu did not say hello to Wang Yingsong and He Jian, but left the conference room on his own, walked back to his office, and closed the door with a bang.
Wang Yingsong and He Jian glanced at each other subconsciously, and Wang Yingsong actually gave He Jian a smile for the first time.
"Why are you laughing?" He Jian asked angrily.
"Chief He, congratulations." Wang Yingsong said, and he really bowed his hand to He Jian.
"Congratulations for what?" He Jian was stunned.
Wang Yingsong smiled and said: "Section Chief He can go back to be the section chief again. Isn't this a great joy?"
"You..." He Jian finally realized that Wang Yingsong was gloating about his misfortune. His subtext was clearly that Dongyuan Company was going to be in trouble, and He Jian could only go back to Changji.
But the problem is, he can't go back at all. He originally resigned from Changji and went to work. He always felt that Korean companies were strong and would definitely not go bankrupt. Who would have thought that in just over a year, Dongyuan Company would really be on the verge of bankruptcy.
Although he left Chang Ji, his home is still in Chang Ji's family compound. On weekdays, he often burned buns in front of his former colleagues and caused countless hatred. Now that Dongyuan has collapsed, he wants to go back. Can they want him? Even if he could be allowed to go back, all the cynicism would be enough for him.
"You said you knew about this a long time ago, right?" He Jian asked, glaring at Wang Yingsong.
Wang Yingsong imitated the foreigners on TV, shrugged his shoulders and said: "Chief He, please don't spread rumors. I am also a person who regards the company as my home. If I had known about this earlier, why wouldn't I have reported it to Mr. Li? ?”
"You must have known it for a long time!" He Jian said, "You have a fierce fight with those OEM factories. I have inquired about it. These are the factories that are imitating the machine tools of our Dongyuan Company and using several big brands. Components from the factory. These major manufacturers are all members of Machine 20, so it is impossible for these OEMs not to know about this matter."
"Tsk, tsk, tsk, Chief He is really smart. It's a shame that you don't write a TV series. Yeah, I understand. It doesn't matter if the company collapses. You can write scripts." Wang Yingsong said with a smile. He spoke of Section Chief He, which could be said to be rubbing salt on He Jian's wounds, and even just a handful of them was not enough. This formation simply wanted to shove He Jian into a pile of salt.
Li Taiyu no longer cares about how the two subordinates are fighting each other. At this moment, he was in his office, anxiously making a phone call to South Korea.
"Hey, daddy, I'm Taiyu!"
After dialing seven or eight times and finally waiting for the other party to press the answer button, Li Taiyu shouted loudly.
"Taiyu, just in time, I was about to call you." It was Li Dongyuan's voice that came from the other side.
"Dad, let me talk first." Li Taiyu said, "Something happened here. Someone is deliberately damaging the image of my company. Now customers are asking to cancel their orders, and some customers are asking to return the goods and let us compensate for the full payment. Dad , that Lawyer Lao you introduced is just a bastard, a big bastard, and he refuses to help me at this time. Dad, please help me think of a way to see how to do this."
Li Dongyuan listened to Li Taiyu's chatter without saying a word. After finally waiting for Li Taiyu to finish speaking, he sighed and asked, "Taiyu, how much liquidity do you still have in your account now?"
"Liquidity?" Li Taiyu was stunned. What does this mean? He thought for a while and said: "There is not much left, less than 50 million won."
"How much payment can be recovered in the near future?" Li Dongyuan asked again.
Li Taiyu said: "Originally, we could have an income of 700,000 to 800,000 won, which is 70 to 80 million won, but because of this incident, this income is estimated to be gone. Now some customers have asked for returns. If we have to Returning the goods, the current liquidity on hand is not enough, I’m afraid I have to find a bank loan.”
"Asshole! You dare to mention the loan!" Li Dongyuan scolded him over there, "Let me ask you, when you returned to South Korea in August, did you find a bank loan without telling me?"
"This..." Li Taiyu hesitated, not knowing how to answer.
When Li Taiyu came to China, he had more than 4 million yuan in hand. However, after annexing five machine tools, carrying out technical transformation, and asking the Korean Design Institute to develop machine tools, the money on hand was almost spent.
For more than a year, the company's production situation has been okay. Although the orders are not too many, they are continuous and the income is not large. The more you take in, the more you spend. Li Taiyu didn't even know where some of the money was spent. He only saw that the liquidity on the books was getting smaller and smaller, and finally it basically dried up.
Some time ago, He Jian received several large orders and needed to prepare production materials in advance, but the company did not have the funds to provide them. Taking advantage of the opportunity to return to China to visit relatives, Li Taiyu found a bank and loaned out 100 million won, equivalent to 1 million yuan, which solved his urgent need. He used the money to purchase a batch of CNC systems and other components in the Korean market, and now they have been sent to various foundries.
According to Li Taiyu's original idea, by making this batch of orders, a large sum of money can be recovered and the money borrowed from the bank can be repaid quickly. He did this without telling Li Dongyuan, but he didn't know how Li Dongyuan knew about it.
"The guarantor you wrote is my name. Now the bank is chasing you to repay the loan. If it can't find you, it's looking for me. Just now, the bank's sales staff were in my office, forcing me to repay the money right away. No." Li Dongyuan revealed the answer, his tone full of frustration.
"Why are they urging me to repay the loan? I agreed with them that I will not pay it back until the end of December." Li Taiyu said aggrievedly.
"Asshole!" Li Dongyuan yelled again, "What are you doing all day long? Do you never read newspapers? The financial crisis has spread to South Korea. The central bank is tightening money, so all banks are urging loan customers to repay Loan. If you don’t repay the loan now, all banks will put you on the list of non-performing loanees in the future, and you will never be able to borrow money from Korean banks from now on.”
"Why are you so nervous?" Li Taiyu was really anxious this time.
Of course he knew about the Asian financial crisis and had discussed with his friends whether it would affect South Korea. Everyone's opinion at the time was that South Korea was different from poor countries in Southeast Asia and the financial crisis would not have much impact on South Korea. These days, he has indeed been slacking off and not following the news in a timely manner. Could it be that the situation has reversed overnight?
Li Dongyuan said: "The exchange rate of the Korean won against the U.S. dollar has fallen to 1,000 to 1; some experts have analyzed that it may fall to 2,000 to 1 by the end of the year. Now many companies investing overseas are withdrawing their capital. Pay back the money you owe to the bank, just in case. Didn't you just say that your company is in trouble? That's just right. You should sell the company now, sell all the equipment and raw materials, and bring them back in Korean won.
"The RMB hasn't started to depreciate yet, so you won't suffer a loss if you convert the money from selling the company into Korean won. If the RMB starts to depreciate too, and it depreciates more than the Korean won, it will be too late for you to cry."
"Okay, I understand! I will arrange to sell the company right away." Li Taiyu responded repeatedly, and then hung up the phone.
At this point, Li Taiyu could no longer think about the matter of Machine 20. Just let them return the orders that need to be returned. It is impossible for you to complete these orders anyway. What he needs to do now is to follow his father's instructions, quickly sell the company, exchange it for cash, and escape back to South Korea.
Li Taiyu knows something about the severity of the financial crisis. The economies of Thailand and Malaysia, where the crisis broke out first, almost fell off a cliff. Many companies were swallowed up by the financial wave without even making a splash. Now, the financial crisis has finally affected South Korea. The South Korean won has devalued by a quarter overnight, and may further depreciate significantly in the future. How can he dare to stay in the Chinese market at this time?
If you want to sell your company, of course, the sooner the better. At present, China has not been involved in the financial crisis, and the market situation is not bad. If he wants to sell the company, he should be able to sell it at a good price. If China also enters a crisis, no one will take over if he wants to sell the company. At that time, it will not be that Dongyuan Machine Tool becomes junk, but the entire Dongyuan Company will become junk.
"Didi!"
Li Taiyu pressed the electric bell on the table, and a slim female secretary came in. Before the female secretary could say hello to him according to the rules, Li Taiyu ordered: "Call Director Wang and Director He over."
"Okay! Mr. Li, please wait a moment." The female secretary spoke Mandarin with a Chang Ning accent and responded in a coquettish voice. She also bowed slightly to Li Taiyu, completely unaware that Li Taiyu was now as anxious as if he were on a hot pot. of ants.
The secretary went out, and after a while, Wang Yingsong and He Jian entered Li Taiyu's office one after another. Li Taiyu made a gesture to He Jian who was walking behind, and He Jian closed the door knowingly.
"Director Wang, Director He, you all have worked hard."
Li Taiyu greeted his two subordinates with a smile on his face, and walked out from behind the big desk to make a welcoming formation.
"Mr. Li, you..."
Wang Yingsong wanted to say, "Are you okay?" but quickly swallowed the words as they reached his lips. There are some things that you can just think about yourself, how can you say them face to face.
"Boy, sit down quickly."
Li Taiyu politely asked the two of them to sit down on the sofa, while he pulled up a chair and sat opposite, looking very equal. This move made the two of them feel angry again. Damn it, if something goes wrong, it must be a monster. Is this Korean devil trying to create another monster?
It's the third update...can anyone watch it? Friends who are reading, take a breath and post some book reviews or something to let me know that the Internet at home is still open.
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