Volume 8 Final Chapter Chapter 1109 Taotie, a good man
"A former friend and partner."
"Partner?"
Nan Yi sighed, "Yes, partner, when they broke up, he still had a billionaire."
"Dollar?"
“Hong Kong dollars.”
"It's a lot of Hong Kong dollars." Sun Jiayao said, and then looked at the tuk-tuk, "He looks healthy, and there are no signs of drug abuse. He doesn't look like a Taoist fellow."
"Little girl, if you want to do some analysis, be more reliable. If he's taking drugs, he'll be dead before he can spend all his money."
"Uh..." Sun Jiayao stuck out her tongue. "If it's not drugs, then it's pornography and gambling. Gambling is more likely. Dad, he must have lost all his money in other countries before coming to Thailand. There are no formal casinos here, and underground casinos won't have too big a handicap."
"Don't make blind guesses. We are already underground. There are all kinds of people. Some of them are sheep herders. As long as people know that they are sheep, there will be people to accompany them no matter how old they are. Drive and go to another place to play."
The car drove out and Nan Yi called Fang Chong.
At that time, Men Saner also bought a lot of houses in Beijing, most of which were arranged by Fang Chong.
"Are those houses of Mensan'er still his?"
"It's been several years since we started selling it. There are two courtyards, and my brother and I each took over one." Fang Chong was silent for a while and then said, "Men San'er told me not to tell you."
"Okay, got it."
Men Saner no longer has his house in the capital, and he probably can’t keep his house in Shencun either.
Nan Yi was very disappointed. He had emphasized the value of houses to Men Saner many times, saying that even if the business failed and he had no money left, he should not think about selling the houses at a low price. If he kept those houses, even if he broke his legs, Jian Guo would be willing to marry him at all costs.
He was sure that Men San'er knew very well the value of the house. Since he sold it, it meant that he had encountered a hurdle that he could not overcome if he did not sell the house. Moreover, this hurdle was most likely caused by gambling, either gambling at the card table or starting a business. If he failed once, he would fail twice, three times, until all his money was gone.
Only after starting a business at least six or seven times will he need to sell his house for emergency funding. Otherwise, for a business worth hundreds of millions, the money he gets from selling his house will not be enough to fill the gap and cannot solve any major problems.
Men San'er's skin became dark and his face was rosy, and he still looked leisurely with a cigarette in his mouth, which showed that he was down and out, but food and drink were not a problem.
After they parted ways, Nan Yi had made up his mind that unless Men San'er fell into a situation where he couldn't afford to eat, he would not help him. Although he thought so, he still hoped that Men San'er could live a rich life. Who knew that this grandson was so disappointing that he could squander hundreds of millions of dollars in his hands.
The chance encounter with Men Saner dampened Nan Yi's interest in traveling. He quickly visited a few lively places, stayed in Bangkok for another night to pay his dues, and flew to Hong Kong Island the next morning.
As soon as he landed in Hong Kong Island, Wenren Lanyue called him. After answering the call, Nan Yi hurried to Nathan Road.
Nathan Road is a street dedicated to gold and silver goods. Hong Kong people like to go there to buy gold and silver goods.
Yi Jinru and Nan Huaiqiu have grown up and become successful. They actually came to Xiangkeng for a trip. Come on, they can do whatever they want if they have money. It doesn't matter if they don't say hello to their grandmother Fang Mengyin. Yi Jinru is very stubborn. When she first found out that her mother-in-law had become a wealthy person, she never thought of bowing her head. Later, she was not short of money, so it was even more impossible for her to bow her head.
But no matter what, we should say hello to him, so that at least someone can be arranged to serve as a guide.
Look, it's like an underground operation, something must have gone wrong.
Wenren Lanyue couldn't explain clearly what happened on the phone, but she did tell the location: a jewelry store called Longqing.
Damn, the flood has hit the Dragon King Temple.
On the way, Nan Yi called Long Huiqing and asked her to inform the store manager that he was coming over.
More than 20 minutes later, Nan Yi arrived at the door of Longqing Jewelry, pushed open the glass door and entered the store, and found Yi Jingru arguing with a female salesperson. One spoke Beijing dialect mixed with Northeastern dialect, and the other spoke Cantonese. The two of them were arguing with each other until their faces were red and the fight was unbearable. There were six or seven people watching around.
Nan Yi suddenly found it a little funny that they could have such a lively argument even though they only half understood each other's language. Then, his face turned gloomy. Regardless of who was right or wrong, a salesperson actually quarreled with a customer while on duty. Was it an isolated case, or was there something wrong with Longqing Jewelry as a whole?
After taking a quick look around the store, he found Nan Huaiqiu hiding in the corner. He also recognized the store manager's suit and nodded to Nan Huaiqiu. Then Nan Yi walked towards Luo Jiacong, the store manager whose name he had just learned a few minutes ago.
Next to the crowd of onlookers, there was a short man in a suit who was sweating profusely and asking the crowd to disperse, but the onlookers were not willing to listen and turned a deaf ear to his kind words.
This person is Luo Jiacong. At this moment, he was very helpless. As a manager, he only learned about the conflict after a long time, so he hurried over to check the situation. As a result, both sides insisted on their own opinions and neither was willing to give in. He had no choice but to try to minimize the negative impact and let the onlookers disperse, and then slowly think of a solution.
But who would have thought that before the onlookers left, the big boss called him and his tone was very bad. He gave him some very bad news that the major shareholder was going to come in person. He was shocked and scared.
"Manager Luo, what is the saleswoman's name?" Nan Yi came to Luo Jiacong and asked in a deep voice.
"South……"
"What's your name?" Nan Yi asked sternly.
In his heart, Luo Jiacong was no longer a member of Longqing Jewelry. As a store manager, he actually let the quarrel continue until he arrived. He couldn't even handle such a small matter. He was simply a waste.
Luo Jiacong stammered, "Huang...Huang Shiqi."
"Get seven 10% off discount cards, hurry up." Nan Yi scolded.
Seeing that Nan Yi had a unhappy look on his face, Luo Jiacong knew that he was in big trouble. He didn't dare to delay and immediately took out the discount card as he was told.
Nan Yi took the discount card and walked to the side of the crowd. He handed out the discount card and said, "I'm really sorry for making a fool of myself. This is Longqing Jewelry's 10% discount card. Within three months, if you use this card to shop at our jewelry store, you will get a 10% discount on anything you buy."
After handing the cards to everyone watching, Nan Yi said to them, "Today, please go somewhere else and give us half an hour to deal with the problem. Sorry, sorry, I'm really sorry."
After getting the benefits, Nan Yi spoke politely, and no one made things difficult for him. They either said a few polite words or left without any hesitation.
Seeing the onlookers leave, Nan Yi asked the tiger cub to block the door and not let anyone in, and then walked over to the two people who were arguing.
Yi Jinru had already noticed that Nan Yi was coming, and she was full of confidence, so her voice was even louder than before. Huang Shiqi was probably missing something in her brain, and she didn't notice the change in the situation, and the word "Northern girl" kept appearing in her mouth.
Nan Yi stood by for a few seconds. Seeing that the two had no intention of stopping, he waved to Yi Jingru, asking her to stop talking. Then he glared at Huang Shiqi's face and said in Mandarin: "Northern girl? Let another Hong Kong person say it. I would just think she is impolite. You..."
Nan Yi pretended to look her up and down, "First, your Cantonese accent is very strong. I can tell where you are from the moment you hear it. You must have been in Xiangkeng for a short time. You must have just come from the mainland. And yet you dare to call someone a northern girl? You forget your roots very quickly.
Second, Longqing Jewelry pays you to work the counter, not to quarrel with customers. You'd better not learn the employee rules, otherwise..."
Huang Shiqi retorted to Nan Yi with disdain, "Who are you? Is it your turn to teach me a lesson?"
"Ha." Nan Yi was so angry that he laughed. He actually met such a tactless person. "You don't need to know who I am. You just need to know that you are fired. Now, get out!"
"Pushi, food..."
Before Huang Shiqi could spit out the word "shit", Luo Jiacong, who had been waiting on the side, reached out his hand to cover Wang Shiqi's mouth at a speed that did not match his size, and said, "Shut up!"
Well, Luo Jiacong's move is enough to show that the relationship between the two is not simple, but I don't know whether they are relatives or in a relationship between a man and a woman.
"Shiqi, apologize to this lady quickly. The whole thing is caused by you. If you continue to have this attitude, I will fire you." After saying this, Luo Jiacong let go of Huang Shiqi's mouth.
Logically speaking, if someone was smarter, they would definitely take advantage of the situation and the situation would still be manageable. However, Huang Shiqi stiffened her neck and said disdainfully, "What's the apology? She is a northern girl. She picked and chose for a long time and didn't buy the last piece doesn't have money to look at jewelry."
"Is she your relative?" Nan Yi looked at Luo Jiacong's face and pointed at Huang Shiqi.
"No...no." Luo Jiacong's eyes were evasive.
"Slept with?"
"No." Seeing the impatient expression on Nan Yi's face, Luo Jiacong changed his words and said, "Yes."
"Before or after she started working?"
“After joining the company.”
"Very good." Nan Yi nodded sternly, "Manager Luo, your CEO Long will be back tomorrow. Leave some dignity for Long Qing Jewelry and yourself. Solve her problem today. After get off work, go back and think about how to word it. Submit a letter of resignation tomorrow. Be prudent and don't let others save your dignity."
Nan Yi patted Luo Jiacong on the shoulder, then turned around and walked two steps to Yi Jinru, "Mom, why didn't you call me when you and Dad came to Xiangkeng?"
Nan Yi's "Mom" made Luo Jiacong look ashen. He had originally wanted to ask President Long for mercy, but now, everything was over.
"I asked Liu Zhen, and she said you were in South Korea, so she didn't tell you, how did you know I was here?"
After a big fight, Yi Jinru didn’t feel any soreness in her waist or back, and her voice wasn’t hoarse. She felt refreshed.
"As soon as I got off the plane, my sister-in-law called me."
"Your dad is really quick-witted. He was eating sunflower seeds in the public toilet. His ass mouth was always busy. I didn't see him helping me just now. I told him to come to Xiangkeng to play, but he followed me like an eggplant. I couldn't get rid of him. As for that little bitch just now, I can scold her parents until they regretted the three minutes they spent."
Nan Yi was really worried that Yi Jinru would not let go of the trigger, so he quickly said, "Mom, this is my business."
"Yours?" Yi Jinru smacked her lips, still unsatisfied, "It's time to clean things up. There are no rules at all. Sooner or later, the business will fail."
"I'll fix it later. I haven't had lunch yet. Have you and Dad eaten?"
"No, I had breakfast at nine o'clock. I'm not hungry now."
"That's great, I'll take you guys out for some delicious food."
From the afternoon to nine o'clock in the evening, Nan Yi became a little follower, taking/following the old couple Yi Jinru and wandering around everywhere. At the end, he sent them back to the hotel arranged by the tour group.
The hotel conditions were not very good, 300 yuan a day, and the room was exactly the same as a subdivided flat. Nan Yi suggested changing to a better one, but Yi Jinru would never agree. She felt bad for the 300 yuan, let alone a better one.
Nan Yi had no choice but to arrange someone to serve as an attendant for the old couple the next day, and he quickly returned to Fang’s Manor.
From beginning to end, he never told his grandmother Fang Mengyin about Yi Jinru and the other person coming to Xiangkeng. They were tired of each other, and there was no need to force them to get along. They were at the countdown stage of their lives, and feeling comfortable was more important than anything else.
After Long Huiqing returned to Hong Kong, Nan Yi gave her a good scolding and arranged for the talent team to move into Long Qing Jewelry to carry out a major personnel overhaul.
Originally, Nan Yi positioned Long Huiqing as a white glove, and the Nan family did not interfere much in the affairs of Long Qing Jewelry. But now it seems that this is no longer possible. If problems arise again after the reorganization, he will have to insert a vice president in.
After the incident of Longqing Jewelry, Nan Yi stayed in Hong Kong Island and took Nan Ruoqi to the park to play every day.
There are not only people of Nan Ruoqi's age in the park, but also many beautiful mothers who do not have much parenting experience. After teaching a young mother the knowledge of selecting diapers, Nan Yi became a gold medal housewife. Many young mothers would come to him for advice, and soon, Nan Yi became familiar with the young mothers.
They go to supermarkets and vegetable markets together, and young mothers often talk about them. They often mention "someone else's husband" in front of their husbands. Look at that guy, he can make money, has a lot of bodyguards around him, and can take care of children every day. Then look at you, I would be blind to marry you.
Marrying the wrong person is a mistake that most women in the world will make.
…
On July 2, Thailand announced that it would abandon its fixed exchange rate system and implement a floating exchange rate system, officially igniting a financial crisis that spread across Southeast Asia.
The exchange rate of the Thai baht against the US dollar plummeted by as much as 17% that day, causing chaos in the foreign exchange and other financial markets. Under the influence of the fluctuations of the Thai baht, the Philippine peso, the Indonesian rupiah, and the Malaysian ringgit became the targets of international speculators.
Following the footsteps of the IMF, Nan Guo Bank (foreign) entered Thailand and, based on the contract signed between the IMF and Thailand, carried out mergers and acquisitions of selected targets in Thailand's financial industry, especially some commercial banks, offering favorable investment conditions and acquiring as many shares as possible. At the same time, Nan Guo Bank established a branch in Thailand.
In August, Malaysia gave up its efforts to defend the ringgit, and the traditionally strong Singapore dollar was also hit. Although Indonesia was the last country to be infected, it was hit the hardest.
In late October, international speculators moved to Hong Kong and targeted the linked exchange rate system; Taiwan suddenly abandoned the New Taiwan dollar exchange rate, depreciating by 3.46% in one day, increasing pressure on the Hong Kong dollar and the Hong Kong stock market.
On October 23, the Hang Seng Index fell 1,211.47 points; on October 28, it fell another 1,621.80 points, falling below the 9,000-point mark. Facing the fierce attack from international financial speculators, the SAR government reiterated that it would not change the current exchange rate system, and the Hang Seng Index eventually rose and reached the 10,000-point mark again.
Then in mid-November, a financial crisis broke out in South Korea. On the 17th, the won-dollar exchange rate fell to a record low of 1008 to 1. On the 21st, the South Korean government "had to" seek help from the IMF to temporarily control the crisis.
But on December 13, the won-dollar exchange rate dropped to 1737.60 to 1; from January to March of the following year, South Korean citizens launched a donation campaign. The won crisis also hit the Japanese financial industry, which had invested heavily in South Korea. A series of banks and securities companies went bankrupt one after another, turning the Southeast Asian financial crisis into the Asian financial crisis.
During the period when the Korean won depreciated sharply, Nan Yi was stationed in Seoul and personally deployed the industry cannibalization plan. Nan's Finance carried out large-scale mergers and acquisitions in the financial industry. The New Miracle Group targeted the real economy and acquired a large number of small and medium-sized enterprises at bargain prices.
Although South Korean chaebols have also suffered losses in the depreciation of the won, compared with other small and medium-sized enterprises, they have the support of the Blue House, and their strength confined to South Korea has increased instead of decreased. South Korea is heading towards a path of more concentrated wealth, and the entire society presents a "one-to-nine" structure, with 10% of the rich and 90% of the poor, and the pseudo-concept of "middle class" is constantly strengthened.
On reflection, Thailand and South Korea suffered huge losses due to short selling by international hot money. At the same time, the reduction in exchange rates also loosened the constraints on "exports", and the two countries' deep-seated strategic goals were achieved.
Compared with Thailand, South Korea's strategy was more successful. The IMF took the blame, financial reforms were implemented smoothly, and the huge debt was shared by every South Korean citizen, who was willing to pay it. For a regime, the most important thing is the "stability" of the people under its rule. On the contrary, patriotism in South Korea is unprecedentedly high.
Of course, although South Korea has gained profound benefits, it is also inevitable that it will be hit hard by the IMF.
Starting from December 5, South Korea amended the Foreign Investment Management Act, relaxed capital market controls, implemented liberalization, and opened the securities market to foreign investment. Following these two measures, PY Securities made $1.75 billion by shorting the Thai baht and came to Seoul.
Increase the proportion of foreign capital in domestic enterprises from 25% to 50%, and provide a larger market for Japanese products (so that Japan will not have to pay bribes). Following these two rules, Snow Mountain Trust arrived late, waiting for Nan and a bunch of Wall Street capital to swallow the fat meat, and then it came to pick the leftovers and eat some relatively fat ones.
There is no way. There is no need for the intelligence agencies to take action. With a little effort, the connection between Snow Mountain Trust and Nan's can be found out. If Snow Mountain Trust had come early, it would have been suspected of getting a double share and it would have been difficult not to be targeted.
What's more, Nan Yi also has to take into account Scarlett and Nan Youqiong's thoughts, and there must always be a limit to what he does.
During the Spring Festival of 1998, Nan Yi did not return to Beijing to celebrate the New Year. Instead, he stayed in Seoul and participated in the dismantling and distribution of the Star.
As for other industries of Renxing, Nan Yi, on behalf of Pan American Investment, remained unmoved. He watched Volvo take over the heavy industry department, Johnson & Johnson take over the pharmaceutical department, and General Electric take over the lighting department. When it came to Renxing Electronics, he rolled up his sleeves and got to work in the middle of winter, throwing one loan contract after another on the negotiation table. If he wanted to fight for it, he had to help Renxing pay off its debts first.
It's worth mentioning that there are really people helping to pay back the debt. The valuation of Xingxing Electronics was not high at that time. If Nan Yi were to convert all the loans into equity, Xingxing Electronics would directly become a subsidiary of Pan American Investment.
After several days of negotiations, Pan American Investments held 6.27% of the shares, Scarlett Fund held 3.15%, and the rest was divided up among 76 institutions. The total number of shares directly registered under the name of the Li family and scattered in the "cross-holding network" was reduced to only single digits.
But with this small number of shares, he is the double major shareholder in reality and in name, firmly holding the controlling rights and the right to speak.
This is intentional. The reason why Wall Street capital is scrambling for Quanxing is that they are optimistic about the prospects of Quanxing under the management of the Li family. If the Li family is kicked out, what's the point of all the trouble?
This is indeed the case. At that time, Xingxing Electronics had neither a unique market that left its competitors far behind, nor did it have many patents that could reach the world's leading level. It was technologically suppressed by the Japanese semiconductor cluster and could only barely rank in the world's second tier.
After Daewoo, the next company to go is Daewoo. It is still on the Blue House's "never bankrupt" list for the time being. Only its automotive division can be kept in mind, but with General Electric around, everyone else has to stand aside.
Daewoo Motor, which was ultimately valued at $6 billion, was sold to General Motors for $400 million. At the same time, GM also assumed Daewoo Motor's debts.
The immediate benefits of this deal are not high, but the long-term benefits are quite promising. However, there is a big prerequisite: only automobile giants such as General Electric and Volkswagen can play this game.
In the telecommunications industry, the Nan family did not squeeze in either. Motorola acquired all the shares of Appeal Telecom, British Telecom obtained most of the shares of the Post Office, and Bell Canada took away a part of Hansong's telecommunications industry.
In the banking sector, Nam made a big move and together with other commercial banks, they .
The food and beverage industry, together with Coca-Cola, Seagram, Nestle, Interbrew, Novartis, Carrefour, Tesco and Ericsson, is engaged in a frantic harvest...
For South Korea's chaebols, their lives have not changed much. They still eat and drink as usual. Their wealth has only shrunk to a certain extent, but their debt ratio has decreased, while the assets and wealth concentration they control have greatly increased. One by one, they have unloaded their burdens, traveled light, and expanded overseas in great strides based on their own country's monopoly.
For other people in South Korea, life has changed dramatically. With salary cuts, unemployment, and mortgage defaults, the standard of living has dropped significantly in a short period of time. Beef soup and pork belly, which used to appear frequently on the table, have become rare items, and people can only rely on kimchi to go with their meals.
Despite the economic downturn, New Miracle Agriculture was not affected much, while the sales of Nanbaba's kimchi and ramen increased by 27.4% and 31.9% respectively.
At the same time, in accordance with the old tradition of the Nam family, the New Miracle Group gave its employees the first inflation-adjusted salary increase to ensure that the employees' living standards would not be reduced too much due to the sharp depreciation of the Korean won.
It has to be said that what they gained from this salary increase was more than what they paid for. The employees of New Miracle could see the decline in their neighbors’ living standards, and they could also often hear news about elderly people committing suicide in order not to burden their children. In an environment of collective decline, their own living standards were rising, which naturally increased the cohesion of the company.
In addition, before the crisis came, Nan Yi and Nan Jiajun had already discussed "disaster relief" - New Miracle Agriculture would deliver a certain amount of pork, beef, fruits, vegetables, rice and flour to various residential areas in Seoul every day. There were no restrictions and anyone could collect them until they were all gone.
Of course, these scenes will be recorded by TV stations and newspapers, and Nan Jiajun will also appear on TV cameras at every opportunity to express his deep love for this land and declare the "Republic of Korea" attributes of the New Miracle Group, which has attracted a lot of attention and won the favor of many potential consumers.
It was not until mid-April that Nan 's aid operation in South Korea ended. Nan Yi gave up his volunteer identity and quietly left Seoul, hiding his achievements and fame.
…
