After divorce, I can hear the voice of the future

Chapter 638 The Sky Over Foreign Trade Has Collapsed
"Mr. Lu, what would you like to eat?"

Upon seeing Lu Liang approach, the barbecue stall owner shuddered and suddenly snapped out of his daze, quickly turning on the grill to preheat the charcoal.

Indoor barbecues are mostly done with electric grills, which are relatively healthier, but Lu Liang really likes the unique aroma of charcoal grills, so he installed a ventilation duct specifically for this purpose.

"Two servings as usual." Lu Liang opened the refrigerator with practiced ease, then turned to Liang Wenhui: "What would you like to drink?"

"Let's just have a soft drink. I might have things to do during the day, and I can't hold my liquor very well."

Upon hearing Liang Wenhui's words, Lu Liang nodded slightly and silently replaced the beer in his hand with a soft drink.

Liang Wenhui is the founder of Magic Square. Although the probability of him using it is very low, Lu Liang wants to give it a try.

Lu Liang asked, "What are some good ideas, Wenhui, regarding the upcoming collaboration between Magic Cube and Tianxing?"

Liang Wenhui was taken aback, not expecting Lu Liang to suddenly bring up this matter, but he was not entirely unprepared.

The answer was: "Both parties will contribute a sum of money to establish an international quantitative fund, which will be managed by Magic Square."

"The AI ​​model was independently developed by Magic Square, and the newly established quantitative fund is managed by Magic Square, which makes perfect sense."

Lu Liang took a sip of 100% orange juice and suddenly asked with a smile, "But how much funding can Huanfang provide?"

The scale of Magic Square Quant is only 30 billion RMB, which is no more than 4.3 million USD at the current exchange rate.

How much funding can Magic Square provide for their collaboration?

Moreover, exchanging US dollars for RMB is very simple, but exchanging RMB for US dollars is not so simple.

Tianxing Private Equity is very popular in the venture capital circle. Lu Liang's influence is only one aspect. Another point is that they are a dual-currency fund, which can provide US dollar financing.

If you purchase equipment abroad, you can buy it with US dollars as long as it's not a product subject to export restrictions, but it's not necessarily the case with RMB.

Magic Square is just a single-currency private equity fund that invests in RMB and receives dividends in USD. Investors would certainly be 100% willing to do so, but the China Banking Regulatory Commission would absolutely not agree to it because it would be suspected of asset transfer.

Liang Wenhui remained silent for a moment, then suddenly looked at Lu Liang: "President Lu, what suggestions do you have?"

"Our principles for cooperation will certainly remain unchanged."

Lu Liang smiled and said slowly, "But the way we cooperate can be changed."

"How will it change?" Liang Wenhui asked.

"Funds will be raised in the name of Tianxing, with Huanfang providing the technology."

Normally, if a large company covets the talent or technology of a small company, its first approach will certainly not be friendly cooperation, but rather acquisition by any means necessary.

But Magic Square's development was too smooth, generating 1 million in one year and 30 billion in two years, and Liang Wenhui was still the founder of the company.

Asking him to give up his top position and become someone else's subordinate would be something no one would be willing to do.

So Lu Liang opted for a gentler approach.

He plans to establish a completely new fund with a guaranteed asset management scale of no less than 10 billion US dollars.

Liang Wenhui was appointed as general manager, with Huanfang Technology providing technical support.

Liang Wenhui joined forces with Huanfang Technology, with both parties holding a combined 15% stake and being responsible for the fund's daily operations.

The company is the culmination of each founder's hard work, and its importance to them is no less than that of their own children. Acquiring it would be like taking their children away from them.

Lu Liang is a good person and a gentleman.

A gentleman never takes what others cherish, but if they are biased, that's none of his business.

Magic Square can only exploit investors domestically, and its scale is only 30 billion yuan. In contrast, Lu Liang's newly established fund started with a scale of tens of billions of US dollars and can compete with Wall Street giants internationally.

Over time, Liang Wenhui will inevitably shift his focus to the new company, which is essentially working for him.

Furthermore, there is a misconception in the private equity sector that needs to be corrected: assets under management only refers to the amount of assets managed, not the value of the company.

If the new fund adopts the same fee structure as Tianxing, it will be the '3+20N' model, which is a tiered fee structure.

Given the same scale and profitability, the combined 15% stake held by Liang Wenhui and Huanfang would generate more than five times the profit of Huanfang.

Upon hearing this, Liang Wenhui fell silent once again.

After a long pause, he finally said, "Mr. Lu, I need to go back and discuss this with my colleagues."

"Take your time to think it over, there's no need to rush to give me an answer."

Lu Liang chuckled and suddenly called out to the barbecue stall, "Xiao Lin, are you done yet? It's almost dawn."

"Mr. Lu, please wait a little longer, it will be ready soon." The stall owner quickly poked his head out and replied with a smile.

Liang Wenhui couldn't help but ask, "President Lu, do you trust me that much? Do you have that much confidence in me?"

“I wasn’t so sure before, but now I’m absolutely certain that you are the only person I can do to manage this new fund.”

Lu Liang smiled, then suddenly stood up and took the plate from the stall owner. It contained his favorite kidneys, oysters, and chives.

This year marks the third year since the establishment of Magic Square Technology. The first year was a preparatory period, and the actual development time has only been these two years.

With no connections and starting from scratch, Liang Wenhui built Huanfang Quantitative Research into a company worth 3 billion yuan in just two years, with plans to reach 100 billion yuan within two years. The key to Huanfang's rapid development has never been the company itself, but rather Liang Wenhui as a person.

Without the AI ​​model he personally initiated, Magic Square could not have developed so rapidly.

It's exactly the same as the old Tianxing.

Without Liang Wenhui's magic squares, they're nothing.

Tianxing was the same before, even without Lu Liang, but now with Tianxing Technology and Tianxing Auto, it has some assets.

Liang Wenhui couldn't help but smile wryly: "President Lu, but you haven't given me the specific reason yet, have you?"

"I just feel you're good at it; I always feel you're very accurate."

Lu Liang smiled and changed the subject, handing over half a grilled kidney: "Try it, it tastes pretty good."

"Thank you." Liang Wenhui pursed his lips and didn't ask any more questions. He needed some time to think it over.

He had no doubt that Lu Liang had the ability to raise tens of billions of dollars, but he was not keen on being subordinate to others.

Although Lu Liang said he would not interfere with daily operations, having someone above you and not having anyone above you are two different things.

After the two finished their barbecue, it was broad daylight, and the traders upstairs gradually came to the living area to have their meals.

Instead of going home, Lu Liang went with Liang Wenhui to the physiotherapy room for a proper massage, and then checked into a lounge.

Meanwhile, countless people working in foreign trade across the country woke up to the feeling that the sky had fallen.

The yuan fell by as much as 1.35% overnight, an unprecedented drop.

If a company has $1 million in outstanding payments, it would have originally only needed to pay 681.12 million RMB, but now it has to pay 689.18 million RMB, resulting in a loss of over 80,000 RMB for no reason.

If we take into account the exchange rate difference settled before this, the loss would be more than 160,000.

The loss calculation method in the foreign trade industry is different from that of some other companies.

Because there are so many foreign trade companies affiliated with Dongda University, they are among the people who are selected in the job market.

'If you won't do it, plenty of others will!'

This leads to foreign companies becoming arrogant and complacent, and they often specify in their contracts that payments will be settled based on the exchange rate of the day.

They often choose a period with the lowest exchange rate to maximize their profits.

This is only a loss of one million US dollars. If it were ten million US dollars, it would be a loss of more than 1.6 million RMB. If it were one hundred million US dollars, it would be a loss of more than 16 million RMB.

This has further exacerbated the already dire situation for trading companies that have been suffering from increased tariffs over the past few months.

An unprecedented wave of bankruptcies is gradually sweeping across the entire foreign trade industry.

Kunqian Trading, 15th Floor, Yongfeng Building, Xinpu District.

When Meng Changkun woke up, he found that all the trade-related groups on WeChat had 99+ messages.

Some people stayed up all night, constantly monitoring market trends, while others had just woken up and, upon hearing the news, immediately joined the discussion.

Fortunately, WeChat's group moderation is not strict, and fortunately, Chinese culture is profound and extensive; if keywords are blocked, homophones can be used as substitutes.

They're all criticizing everything and everyone in the group chat.

Looking at these comments and learning the whole story, Meng Changkun couldn't help but feel relieved: "Luckily, Liangzi still recognizes me as her brother Kun and had given me advance notice..."

At the beginning of the year, when Lu Liang was helping to introduce hospitals, he told him that a harsh winter was coming for the foreign trade industry. He listened to the advice and made a swift and decisive move, cutting 99% of his business.

I thought the RMB falling below 6.8 was already a big deal, but it turns out this is just the beginning. If this trend continues, it's only a matter of time before the RMB breaks 7.

"Wasn't that girl from the day before yesterday named Tian Xi?"

Old Meng stroked his chin. Lu Liang basically didn't need his help anymore, so he could only start with Lu Liang's interests and hobbies.

Although Ryoko was very tough at first, he was actually very soft-hearted and always remembered their friendship.

If he were a little more proactive,
That might be able to repair their relationship.

Old Meng's eyes lit up, and he suddenly had an idea, letting his phone keep ringing.

The phone hasn't stopped ringing since morning, people have been calling to borrow money. They all know he has a good relationship with Lu Liang, that he got advance notice at a crucial moment and managed to extricate himself from foreign trade early, and that he has a lot of money.

Although Lao Meng is known for his loyalty and affection, he doesn't lend money to just anyone.

He walked to the side.
I dialed the phone number of Wu Tianzheng from Good Dream Films.

Lu Liang and Tian Xi must have just met and haven't had a deep conversation yet; new lovers are always treated better.

Offering her a little help and having her whisper in her ear should have some effect.

　I'm going out to grab something to eat; there will be another chapter later.

　　
　
(End of this chapter)