Reborn since 1993

Chapter 818 Attack on all fronts
In the suite of Yuhe Leisure Resort Hotel, Ren Yuefeng, Hu Zixian, Chen Tao, Zhang Ao, Gao Peng, Su Chicheng and others, as well as Wu Xinyi of Doxin Semiconductor, the general manager of Oriental Optoelectronics, the general manager of Shenzhou Storage and others were all present.

After hearing Li Dongling's words, Ren Yuefeng, Hu Zixian and others all showed strange expressions on their faces.

Before Tanglin Hi-Tech, mainly through Tanglin Hi-Tech Port City Company, borrowed nearly 4 billion US dollars from banks in Japan, Siam, Korea, Singapore, Malaysia and other places.

This is certainly not comparable to the tens of billions of dollars in loans taken out by Korean companies like Daewoo, Samsung, and Hyundai. Dongling Hi-Tech's loans are basically long-term loans of more than three years.

But now, companies like Daewoo and Samsung are all burdened with debts and cannot come up with any cash flow at all. However, Dongling Hi-Tech is different. Apart from the US$1 billion "borrowed" from the Zhixing Foundation, Dongling Hi-Tech has never used the rest of the US dollar foreign exchange.

And now, Mr. Li has decided to repay the loans to the Siamese and other banks that are about to go bankrupt. Those banks have to say thank you to Dongling Hi-Tech for saving them from danger in their time of crisis!
Previously, when borrowing from banks such as Siam, Donglin Hi-Tech Port City Company first borrowed Thai baht, then converted it into US dollars and cashed it out, which was basically the same as Soros's operation.

Now that they have to repay, they must use US dollars, exchange them for Thai baht, Korean won, etc., and return them to banks in Siam, Korea, Japan, etc.

Of course, if the current exchange rate of Siam, the Thai baht against the US dollar, has depreciated by nearly 90%, if Dongling Hi-Tech is to repay the loan, the previous loan of US$1 billion will now only require less than US$100 million to be repaid!
Of the 4 billion US dollars loan, Dongling Hi-Tech may eventually repay no more than 600 million US dollars. The rest... of course belongs to Dongling Hi-Tech. It is written in black and white. Dongling Hi-Tech will not owe those banks a single cent!

It now seems that the exchange rates of the Thai baht and other currencies are still falling, but this panic cannot last too long. To put it bluntly, after a large number of Siamese people went bankrupt, the market crash has no effect anymore, and those international hedge funds can no longer make any money from Siam.

Moreover, Siam is a country after all, and it is not in a state of war. Once Siam agrees to America's harsh aid conditions and obtains US dollar foreign exchange aid, the Thai baht exchange rate will quickly rise.

If you repay the loan at that time, the cost will probably be much higher than paying it back now. It is better to provide timely assistance and return the money to those banks now.

After all, there will be many days when we have to deal with these overseas banks in the future, and when it comes to reaping benefits, it takes a long time. After reaping the benefits this time, you can reap them again when the next opportunity comes!
"But banks in Siam and other places may not be so happy. Dongling Hi-Tech will repay these loans immediately!"

Hu Zixian smiled and said that for banks like Siam, the losses this time were really too great. Accepting the repayment from Dongling Hi-Tech was equivalent to admitting the huge losses, and they had to bear all these bad debts themselves.

However, Hu Zixian was not too worried about the attitude of Siam Bank. As he said, they were almost bankrupt and it was not easy to recover some funds. What else did they want?

It’s like a person who is about to starve to death. He knows that the bowl of rice in front of him doesn’t taste good, but he will starve to death if he doesn’t eat it. So should he eat it or not?

"They will agree!"

Li Dongling said, "Tell them that Dongling Hi-Tech can repay their loans in US dollars!"

The banks in Siam were unwilling to exchange the Thai baht, which was about to become worthless paper, but what about the US dollar? Would they accept it?!
Hearing this, Hu Zixian nodded. If Dongling Hi-Tech was willing to repay in US dollars, those banks in Siam, which were desperate for foreign exchange, would never refuse.

Li Dongling picked up the whiskey on the table and took a sip. Normally, Li Dongling didn't drink this kind of stuff, but today he needed it to stimulate his spirit.

He knocked on the table with his hand, and everyone in the suite looked at Li Dongling. They also knew that Li Dongling had gathered them all here today and that he must have something important to discuss.

"No one wants to see the Southeast Asian economic crisis that started in Siam. Tanglin Hi-Tech will also suffer a significant loss in revenue this year!"

"But it has already happened. It is meaningless to discuss how it happened and who is right or wrong. That is a topic that economists need to explore. For Dongling Hi-Tech, the question is what to do next!"

With a large amount of US dollar foreign exchange in hand, for Dongling Hi-Tech, Southeast Asia, which had been devastated and almost all industries were in ruins, also opened its doors to Dongling Hi-Tech.

"In addition to supporting Dongling Hi-Tech's parts industry chain suppliers, Dongling Hi-Tech must also take action!"

Li Dongling looked at the Dongling Hi-Tech executives in front of him and said, now that we have the chips, it depends on how Dongling Hi-Tech will operate.

Dongling Hi-Tech's plans to support parts suppliers include lending money to BYD to expand its production capacity, acquire overseas production lines, and supporting Pang Jiazheng's acquisition of Jinyang Electronics.

A single tree cannot make a forest, and a hero needs three helpers. Dongling Hi-Tech cannot fight those overseas giants alone, and must cultivate its own parts suppliers. The stronger the companies like BYD, Hanxi New Materials, and Chuanrong Electronics are, the more beneficial it will be for Dongling Hi-Tech.

As for supporting Pang Jiazheng's acquisition of Jinyang Electronics, it was just going with the flow. For Dongling Hi-Tech, the acquisition of Jinyang Electronics would save it from the hassle of cultivating and supporting a new power module supplier.

Jinyang Electronics has complete R&D laboratories and production lines, but its capital chain has been broken and it has lost orders. Now it can return to the Dongling Hi-Tech industrial chain system and these are no longer a problem.

The acquisition of Jinyang Electronics also has the meaning of "killing the chicken to scare the monkey". Gao Peng has always been brooding over Jinyang Electronics' betrayal. Cleaning up Jinyang Electronics is also a warning to the traitors with ulterior motives. The fate of Jinyang Electronics will be the future of those traitors!

After the acquisition is completed, Dongling Hi-Tech's logistics department will become the major shareholder of Jinyang Electronics, and Pang Jiazheng will serve as the general manager of Jinyang Electronics.

As for Lin Yekang, he cannot be said to be bankrupt, but for Lin Yekang, who could have become the head of a listed company and whose net worth could have exceeded billionaire, his net worth is almost gone.

For Lin Yekang, this huge sense of gap will make him spend the rest of his life in regret, and he will probably never be able to let it go in his entire life!

“The marketing and logistics departments must prepare for returning to the Southeast Asian market!”

Li Dongling first looked at Zhang Ao and Gao Peng. As the saying goes, food and fodder must be sent before troops move. Dongling Hi-Tech's return to the Southeast Asian market is not as simple as just a few words.

Agents, sales channels, after-sales, etc. all need to be re-established, and this time, Tanglin Hi-Tech is entering Siam, Malaysia, Singapore, Korea and other places, ready to take root.

"When Dongling Hi-Tech returns to Southeast Asia this time, it will not only select agents, but also establish its own stores and after-sales centers. Agents will also have to invest in it to ensure that the sales and market in Southeast Asia are completely controlled by Dongling Hi-Tech!"

Li Dongling said, "The logistics department will acquire stores or land in major cities such as Siam, Singapore, Malaysia, and South Korea for the establishment of self-operated stores!"

The land and property prices in Southeast Asia are basically very low right now. If you don’t buy land and stores now, do you have to wait until the prices go up?

Why Samsung has long been the world's largest mobile phone shipper in the past is closely related to the huge offline mobile phone sales channels it has established.

Those mobile phone stores serve as both retail stores and after-sales channels. In Southeast Asia, where e-commerce is not yet so popular and developed, offline mobile phone sales channels are still the largest shipping channels even decades later.

When Dongling Hi-Tech returned to Southeast Asia, Li Dongling wanted Dongling Hi-Tech to acquire stores and land in Siam, Malaysia, Singapore and other places at a bargain price to build Dongling Hi-Tech's offline sales and after-sales channels in Southeast Asia.

In addition to the agents, Dongling Hi-Tech will have the largest offline sales channel in Southeast Asia in the future. By then, no matter whether it is mobile phones, computers, repeaters, electronic dictionaries and other products, they can be distributed on a large scale in Southeast Asia without being controlled by others!
"Not only Dongling Hi-Tech's logistics and marketing departments are going to enter Southeast Asia, but also Tianya Company, Focus Media, Oriental Express, Wanjia Electric City, Oriental Times Shopping Mall, etc. are all going to start entering the Southeast Asian market, looking for agents, acquiring land, warehouses, logistics, etc.!"

When Ren Yuefeng and others heard Li Dongling's words, their expressions changed slightly. They could feel that Li Dongling wanted Dongling Hi-Tech to take root completely in Southeast Asia. It could almost be said that the entire Dongling Hi-Tech was attacking the Southeast Asian market on all fronts.

"Isn't the risk too high? Siam and other Southeast Asian regions are still not very stable, and no one knows whether Southeast Asia will be attacked by international hedge funds again in the future!"

Ren Yuefeng said to Li Dongling that rebuilding the sales channels was not just talk, Dongling Hi-Tech had to invest a huge amount of real money.

"Risks are directly proportional to returns. Now is the time to re-enter the Southeast Asian market with the lowest cost and the least competition. It may not be possible to have such an opportunity again in the future!"

Li Dongling said that in the past, in Siam and other places, the companies with the greatest influence were Japanese, Korean, American, and old European companies. Under normal circumstances, they would not sit idly by and watch Dongling Hi-Tech establish a base in Siam and other places with great fanfare.

As for risks, there are definitely some. Overseas is different from domestic. No one knows what you will encounter. No one knows how the local powerful families, parliamentarians, and gangs behave.

But in general, in the next few decades, Southeast Asia will gradually become the country's back garden, and Dongling Hi-Tech will follow the trend and turn Southeast Asia into the basic base of Dongling Hi-Tech's products!
(End of this chapter)