National Tide 1980.
Chapter 1626 Returning home in glory
In May 1990, after settling most of his speculative business in Japan, Ning Weimin returned to China with his wife and children.
For him, this return to the capital was truly a triumphant homecoming.
Why do you say that?
Previously, despite Ning Weimin's personal wealth growing rapidly every year, despite bringing back many enviable gifts each time he returned to China, and despite the fact that those around him always felt he was becoming increasingly wealthy.
Despite many people's amazement at his significant investments in the country, as well as his free donations of cultural relics and supplies.
But only you truly know what's going on in your own life.
Outsiders only saw him as busy and bustling, but they didn't know that deep down, Ning Weimin truly felt somewhat guilty towards his hometown folks.
He also felt somewhat sorry for his partners and subordinates who had worked with him and always trusted him.
That's right. Over the years, he has indeed done some things that are beneficial to society in Beijing.
However, he was struggling to make ends meet and the coverage was indeed limited; only he himself knew the full extent of these circumstances.
The reason for this was not anything else, but mainly because in order to reap the benefits of this bubble economy, Ning Weimin had no choice but to bet most of his wealth and energy on Japan, leaving him with almost no capacity to take care of the domestic situation.
Even though he had once withdrawn some funds from Japan, he brought them to France and continued to use the financial markets to frantically buy up scarce overseas assets when prices were low.
Most of the time, if he wanted to do something in the country, he would have to borrow money from Pierre Cardin.
They either had to draw funds from the clothing business that Yin Yue was in charge of, or they had to use money from the sale of handicrafts, stamp speculation, and music album dividends to barely make ends meet.
It's fair to say that he's been constantly draining resources from China, with all his connections and relationships there helping him out and acting as his blood bank.
But the situation is very different now.
After Ning Weimin successfully liquidated and sold off his securities and real estate assets in Japan, he had essentially completed the first round of wealth harvesting.
It can be said that Ning Weimin has already cultivated this treasure land of Japan. Not only will he no longer need to worry about irrigation, but he can also easily reap a stable harvest.
On the contrary, he can use the resources he receives from Japan to give back to his motherland in the long term, so that his hometown and relatives and friends can benefit from it.
Thus, the incident that occurred at Tianjin Port took place.
Ning Weimin spared no expense to gain publicity by transporting large quantities of usable household appliances and agricultural machinery that Sun Wufu had collected from Japan back to China via ocean freighters in containers.
He then donated these foreign goods free of charge to domestic enterprises and institutions that he believed were worthy of support and investment, hoping to provide some assistance to these fledgling domestic manufacturers.
This was the first practical thing he could do to give back to the country after he became truly wealthy and felt financially secure.
So even though Ning Weimin is still in the capital, he has already made a name for himself through this righteous act.
Not to mention that this incident caused quite a stir at Tianjin Port, all the cargo yard managers knew about this novel event and marveled at it behind the scenes.
The key point is that the home appliance companies that have benefited from this are all extremely grateful.
It should be understood that domestic home appliance companies at this time operate with a single product category and lack research and development capabilities. Faced with this disadvantage, almost no one can avoid it or find a way to improve it.
But Ning Weimin did it unexpectedly.
The items he sent to various domestic manufacturers were all relatively new Japanese home appliances, and they covered everything, which was like a ready-made template.
The technological inspiration and lessons learned from this are immense for these manufacturers.
Some small electric fans, electric kettles, and ovens that I've never seen before can be directly copied and produced after studying them.
Even for products like air conditioners, refrigerators, and washing machines, domestic manufacturers may not yet be able to match Japan's technical standards, but they can at least learn from the design to avoid homogeneous competition.
So when these manufacturers shipped the goods back, they were all overjoyed. No one really expected something like this to fall from the sky, but it actually happened.
Soon after, leaders from various manufacturers called Dadao Trading Company to express their gratitude.
At the same time, they all expressed their desire to meet Ning Weimin and Qi Yanjun and invited them to visit their homes.
Some people even published thank-you notes in newspapers or added credits to their television commercials.
Some even jokingly refer to them as the real-life Count of Monte Cristo, wishing they could worship them.
As for the banners and thank-you letters sent by the manufacturers, they are only to be expected, and there are countless of them.
So even though Da Dao Trading Company kept a low profile, it soon became known throughout almost the entire home appliance industry in the country that there was a Da Dao International Trading Company in Beijing that was giving away Japanese goods for free.
Even some local light industry bureaus knew the names of Ning Weimin and Qi Yanjun.
It can be said that they are well-known in the domestic home appliance industry, becoming like a legendary figure, someone everyone longs to meet, even more anticipated than a celebrity.
Even so, for Ning Weimin, this was not something to boast about.
After all, Japan's situation was unique, and the cost for him to acquire these foreign goods was extremely low.
Miracles that others find hard to understand and achieve are simply easy for him, nothing special at all.
If you ask him to say it himself, this trip back to his country was something he looked forward to and was something to be proud of, as he brought back 20 billion yen in foreign exchange.
And they plan to spend this amount of real money, equivalent to about one billion RMB, entirely in China.
Just think about it, a billion yuan! For the Republic of this era, how many things could be accomplished with such a huge sum of money?
So as soon as Ning Weimin returned to the capital, he began a massive, unrestrained funding spree.
The Ryugu Aquarium project, which had stalled due to the special circumstances last year, has begun to move forward effectively, with the equivalent of 100 million RMB in Japanese Yen arriving in the account. This immediately calmed down the somewhat resentful district government leaders.
The non-construction area of Longtan Lake Park also directly ushered in the infrastructure renovation project. There was no need to wait for the profits of the Dragon Palace Aquarium. Ning Weimin directly allocated five million to Chen Shuping, telling him to buy two cars for use first.
The remaining money was then used to build toilets, replace seats, add trash cans, repair roads and buildings in the park, and build some new buildings such as pavilions.
As for the industries where his investments constitute the vast majority, Ning Weimin is naturally even more generous.
In addition to the agricultural university, Ning Weimin invested an additional five million yuan to fully cooperate with them in the artificial cultivation of high-quality green ingredients and the search for local specialty ingredients.
The two cultural associations he had been supporting each increased their funding by three million to fully enhance their work in compiling books based on oral history materials from various industries and producing documentaries for veteran craftsmen in various trades.
In addition, the companies he and his former colleagues from Pierre Carton jointly established also had their shareholding ratios adjusted according to the circumstances, with him increasing the working capital of each company by two to three million.
In addition, Ning Weimin gave these companies an extra benefit: the head of each branch office could buy a car to improve efficiency.
Needless to say, this is definitely the most popular one.
Although Ning Weimin wasn't going to be taken advantage of and specified the car model, requiring all companies to purchase Santanas, just having a car to drive was enough to satisfy the vanity of these high-level employees.
Ning Weimin gave each of them a mobile phone, which made them even happier.
It has to be said that Ning Weimin really scratched their itch, and incidentally increased their loyalty as well.
However, despite this, Ning Weimin did not treat them the best.
After all, subordinates vary in their closeness and distance, and even among trusted confidants, there are different levels of rank.
Without a doubt, Ning Weimin treated Yin Yue, Luo Guangliang, and Xiao Tao the most favored people.
In fact, when Ning Weimin returned this time, he only gave the three of them a bonus of 500,000 yuan each.
Moreover, their investment in and planning of new directions for the businesses they manage far exceeds that of others.
Take Xiao Tao for example.
Ning Weimin put him in charge of managing the tricycle business and also asked him to register and set up a taxi company.
Regarding the original plan for the size of this taxi company, it was only intended to have twenty or thirty vans.
Moreover, this money was originally supposed to come from the profits of reselling stamps and from the stall fees that Luo Guangliang collected from the Donghuamen Night Market.
But that's no longer necessary. The business license was recently approved, but Xiao Tao still hasn't found a suitable place to settle down.
Ning Weimin directly increased Xiao Tao's capital by 20 million.
First, he was asked to directly order two hundred or so vans from Tianjin, which would expand the company's vehicle fleet more than tenfold.
Secondly, he instructed Xiao Tao to rent land in the suburbs of Beijing and build buildings, directly and in one step, constructing both the taxi company's office building and repair shop.
Good heavens, this newly established private taxi company, after getting the money, changed the plans like this...
It can directly catch up with, or even surpass, the scale of many taxi companies with state-owned enterprise backgrounds.
Moreover, they even have their own office building and parking lot.
You tell me, who wouldn't be surprised if they knew about this?
Even Xiao Tao herself was completely stunned, and for a long time she thought Ning Weimin was joking with her.
Yin Yue was the same; Ning Weimin also gave her 20 million, and she couldn't believe it either.
It wasn't until Ning Weimin personally stated that he was giving her this money so that she could use it to buy herself a luxury car.
The instruction was for her to look for more shops in the bustling downtown area of Beijing and open more specialty stores.
Their vision for "Yunshang Clothing Company" is that all the shops will be their own.
The goal is to completely eliminate the burden of shop rent in the coming decades, while enjoying the returns from the appreciation of shops in prime locations.
Yin Yue, who is good at shrewd calculations, also approved of this business strategy, believing it to be absolutely worthwhile, and thus accepted it.
As for Luo Guangliang, Ning Weimin gave him the most money, more than double what the previous two gave him.
Even though Luo Guangliang is calm and composed, and has already experienced many ups and downs in life.
But Ning Weimin handed over the 40 million RMB without hesitation.
Without any hesitation, he took it and used it to buy courtyard houses and shops near famous scenic spots for himself.
This still startled Luo Guangliang, just like Xiao Tao and Yin Yue, and he was greatly shocked.
That's 40 million after all; that's enough to build a three-star hotel in Beijing.
Therefore, in Luo Guangliang's view, if a person has such a large sum of money, why would they need to think about any business? Why would they need to buy bungalows everywhere? This is already the pinnacle of life that ordinary people can hardly imagine, right?
In short, Ning Weimin has been spending money like water since he got back, barely a few days ago.
Before the first week had even passed, Ning Weimin had already put nearly 250 million RMB to use.
Even so, there's no need to worry too much, because for Ning Weimin now, bearing this expense is not a burden at all.
It's worth noting that because of his conflict with Harunori Takahashi, Ning Weimin significantly increased his leverage to short sell after the economic bubble burst, which led him to reap huge profits, far exceeding his initial expectations.
Based on Ning Weimin's current net worth, even if we only consider his assets in Japan, including the debts he has not yet repaid to Sumitomo Bank, his total assets have already exceeded one trillion.
Even if he completely pays off his debts and removes his corporate assets, he still has a net worth of approximately 800 billion yen in Japan.
Of this, there are as much as 600 billion yen in pure cash and readily convertible Japanese government bonds.
Therefore, it can be said that Ning Weimin's current wealth is even more valuable than that of Takahashi Harunori, who was once known as the "creator of a one trillion yen empire".
Even though he cannot yet be compared to the current world's richest man, he has become a true tycoon on a global scale, no less wealthy than those old Europeans who have accumulated their wealth over generations.
Especially in the domestic environment, Ning Weimin's level of wealth is simply an anomaly that shouldn't exist.
If he were to invest all his assets in China, he could easily buy up most of the properties in a city, if not become incredibly wealthy.
Don't forget, how much money did "Li Ka-shing," who had just ascended to the throne of Hong Kong's richest man in this era, actually have?
His personal assets are nothing more than tens of billions of Hong Kong dollars.
Ning Weimin currently has approximately five billion US dollars in readily available cash assets.
In fact, he, the richest man in Beijing, had already unknowingly surpassed the richest man in Hong Kong.
To put it bluntly, for someone like him, spending two hundred million or tens of millions is nothing.
Even if all the money is spent, it doesn't matter; we can just transfer more funds from Japan.
Besides, he didn't squander the money; it was all used for things that needed to be done. He just wanted to make sure everyone felt more comfortable.
In truth, Ning Weimin would never worry about not having enough money or spending it too quickly.
What really worries him is that he has too much money, which is too conspicuous in China.
He's a private businessman, so how did he manage to bring back assets worth a billion?
The government must be curious about this, and it's no surprise that they're paying attention to it.
Even if it's a good thing, it probably needs a reasonable explanation. (End of Chapter)
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