In 1978, I was admitted to Harbin Institute of Technology

Chapter 343 As expected of an old silver coin, he even made Wang Zheng lose his Chinese citizenship by sending him to work in Hong Kong.
"Director Xie, since we're already in Huadu, why don't we go for a stroll around Hong Kong?"

Huang Zhijie, with a fawning smile, invited Xie Wei to visit Hong Kong.

"Yes, yes! Without you, we wouldn't be where we are today... We've wanted to thank you but haven't had the chance. Why don't we take this opportunity to go to Hong Kong for a few days? Let us treat you..."

Chai Honghe quickly chimed in to agree.

When Li Rui's people found them, the two were just ordinary workers in Hong Kong. After establishing Desheng and becoming agents for Harbin Institute of Technology-related products, their net worth rose rapidly. Although they were still relatively unknown compared to the top tycoons in Hong Kong, they had entered the ranks of Hong Kong's wealthy.

DSE brings in tens of millions of Hong Kong dollars in revenue for the two of them every year, and it continues to rise as the number of products they represent increases.

Becoming a billionaire is just around the corner.

Even in front of He Yang, they didn't feel embarrassed at all.

Xie Wei was their benefactor!

"Let's skip going to Hong Kong; we're short on time here. Let's talk about the situation at Desheng."

The controlling stake in Desheng Company is held by multiple offshore companies, and legally it belongs to the Harbin Institute of Technology's university-enterprise office. However, the two individuals are the major shareholders in name only.

The fact that the two of them could get 20% of Desheng Company's profits is already a very high percentage.

The two of them didn't know Xie Wei's identity before. If they still didn't know after all this time, they probably wouldn't be in Desheng anymore.

"Last year, the total export value of various products handled by Desheng was US$6373 million..."

Huang Zhijie had prepared all kinds of data long ago.

"That's not what I want to hear. I mainly want to hear about issues related to market expansion."

The data is available from the university-enterprise cooperation office.

The finance department of Desheng Company was assigned by the Seventh Ministry of Machinery Industry. These were not comparable to accountants in ordinary units. Even after arriving in Hong Kong, they were still learning relevant Western accounting knowledge.

"Currently, there's no problem with expanding into the international market, but our main issue is that our products are all positioned in the low-to-mid-range market... Director Xie, could you develop some high-end products?"

Huang Zhijie's expression turned serious as he spoke, "The profit margin in the high-end market is much higher. Last year, our gross profit was only US$1427 million, and after deducting taxes and various management costs, our net profit was less than US$600 million, or HK$4800 million..."

"Compared to international brands, our brand doesn't have any advantages. Let's focus on volume first."

Xie Wei naturally knew that high-end brands had higher profit margins.

The problem is that the main purpose of establishing Desheng Company was to help the school-enterprise office's subordinate units expand into the international market, generate foreign exchange through exports, and cultivate the market competitiveness of the relevant units.

He also knew that profits were related to their income.

When Xie Wei disagreed with pursuing the high-end market, disappointment immediately appeared on their faces.

“Desheng is a trading company. If it focuses on high-end products when its market share is insufficient, it will directly compete with international giants. It cannot gain a foothold in the high-end market by relying solely on cost advantages.”

Xie Wei reminded the two of this.

Then, pointing to He Yang, he said, "This is He Yang, a graduate student majoring in chemical engineering. You two should get to know each other first."

Only then did he introduce He Yang to the two of them.

He Yang, who had been listening quietly to the exchange, quickly stood up and shook hands with the two of them.

"Dersheng's next move is to establish a joint venture subsidiary in mainland China, mainly producing fragrances, surfactants, and other products..."

Xie Wei then revealed his main purpose in seeking out the two men.

He Yang never expected that Xie Wei would give him such an important task before he had even graduated with a master's degree.

Huang Zhijie and Chai Honghe were pleasantly surprised: "Fragrances and surfactants are high-profit products, and the international community has very strict technology restrictions on these areas!"

This is a truly profitable industry.

"How much to invest?"

"Let's invest HK$5 million in the first phase of the project."

The number Xie Wei casually mentioned made He Yang's heart tremble violently. Was he really put in charge of such a huge business?

"So much? Director Xie, even if Desheng mortgages everything it can, it will be difficult to obtain such a large loan..."

Huang Zhijie reminded Xie Wei.

They simply don't have that much money.

"The funds will be transferred to you! The amount of money you can raise individually will determine your shareholding in this business."

Huang Zhijie and Chai Honghe exchanged a glance, both seeing worry in each other's eyes: Xie Wei was diluting their shares in Desheng!

"Director Xie, although we've earned quite a bit over the past few years, it's just a drop in the ocean compared to this HK$5 million investment..."

Huang Zhijie said with a bitter face.

He and Chai Hong each hold 10% of Desheng's shares. Given Xie Wei's large investment, the two of them must have HK$1 million in funds to keep their shares.

"This is not to dilute your shares. The only way for us to bring back our external funds is through investment. Do you remember Starry Sky Investment?"

HK$5 million is definitely not something that D.S. can come up with.

As a trading company, Desheng would remit the foreign exchange from its international sales to China to pay the production costs of its domestic units, with only the profits remaining in Desheng's accounts in Hong Kong.

The portion belonging to the Seventh Ministry of Machinery Industry was transferred into China through the purchase of necessary equipment.

"Wang Zheng? He's made a fortune from Starry Sky Investment this time!"

Chai Honghe looked on with envy.

Originally, Starry Sky Investment was a subsidiary of Desheng Company and had been operating at a loss.

Last year, Wang Zheng suddenly arrived in Hong Kong and, through a series of operations, acquired the loss-making "Starry Sky Investment," which he had "inherited" from his overseas relatives.

"Director Xie, did you send Wang Zheng out?"

Huang Zhijie sighed.

Damn it, if Starry Sky Investment were still listed under DSE, each of them could have received more than $4000 million in profits based on their shareholding!

Now that we know Xie Wei arranged for Wang Zheng to go to Hong Kong, we can only dream about it.

Xie Wei did not deny it.

These two naturally knew what to say and what not to say, and what they could give them, they could also take back.

Capital has always been bloody.

They had witnessed Xie Wei's abilities, especially the profits that Desheng distributed to the two of them, which were not net profits but gross profits!
“Wang Zhengming will be back this morning. I’ll talk to him first, then you can discuss it further… If the bank can’t provide a loan, you can borrow from Xingkong Investment at market interest rates…”

Xie Wei's words immediately delighted the two of them.

After the meeting, Xie Wei asked Zhao Liangyu, who was waiting outside, to escort the two to the Baiyun Hotel, as the Chemical Industry Bureau's guesthouse was not qualified to receive foreign guests.

"What do you want to say?"

After Xie Wei saw the two off, he asked He Yang.

"Director Xie, didn't you say before that the production technology of surfactants would be transferred to Langqi?"

Although investing HK$5 million in a company is a huge sum, He Yang, who was admitted to graduate school after the resumption of the college entrance examination, did not think of backing down when faced with challenges.

He couldn't understand why Xie Wei was doing this.

"It's very simple. The joint venture will have a stake in Langqi, and they will provide the factory buildings, equipment, etc..."

Xie Wei had already told He Yang that after returning, he planned to have the school keep him on campus and assign him to the school-enterprise office to be in charge of chemical-related business, and He Yang did not object to this.

Otherwise, Xie Wei wouldn't have brought him to meet Huang Zhijie, nor would he have let him know about the situation in Hong Kong.

"Is this how funds are transferred to schools?"

"Is there something wrong with transferring the profits of the joint venture to the university-enterprise joint venture office?"

He Yang still didn't understand.

He had no idea of ​​Xie Wei's complicated motives.

"Can the profits from Starry Sky Investment be transferred back directly?"

In his view, there was absolutely no need for such trouble. Xingkong Investment could simply transfer the profits back to the school. Although foreign exchange couldn't be directly deposited into the school's account, wouldn't it be better to transfer it to a foreign exchange settlement bank, and then have the bank directly transfer the RMB to the school? "Leaving aside the tax issues of direct transfer, the equity of both Xingkong Investment and Desheng Company are held in offshore companies registered in the Cayman Islands, the British Virgin Islands, Panama, and other places... These companies have cross-shareholdings..."

"..."

He Yang sensed that the more Xie Wei talked, the more confused he became.

I really don't know how Xie Wei's brain works.

The key question is how the people behind all this manage to remember which companies control which companies during such a complex process.

"Starry Sky Investment cannot be related to schools!"

"what?"

He Yang was dumbfounded. "But it's a subordinate unit of the school-enterprise cooperation office! Why is that?"

Xie Wei smiled but offered no explanation.

Such complicated and shady tactics were all learned from Tencent, the fundamental reason being to completely sever ties with state-owned enterprises and institutions.

Otherwise, when Harbin Institute of Technology is added to the U.S. Entity List, and they discover that the international corporation Xie Wei painstakingly cultivated over decades is a subsidiary of Harbin Institute of Technology's university-enterprise cooperation office, wouldn't the U.S. take action?
How does Xie Wei explain this?

Can't explain.

The next day at noon, Yuan Zhenyue finally took Wang Zheng, whom he had picked up from Luohu Port, to Huadu along National Highway 107.

Currently, the expressway from the Special Economic Zone to Huadu has not yet been built, so the only option is to take National Highway 107. The road conditions are poor and there are many vehicles. It took Yuan Zhenyue three and a half hours to travel the 160-kilometer route.

It was much slower than the Y-11 that Xie Wei was traveling on.

"Director Xie..."

Yuan Zhenyue was unwilling to see Xie Wei.

He couldn't refuse to see him; he hadn't expected that he had fled from the Northeast to the South, thousands of kilometers away!

Xie Wei still came after them.

"Eat first, then you can rest. After I finish talking with Wang Zheng, I'll discuss the construction of the office in the special economic zone with you..."

Then he looked at Wang Zheng, who had lost a lot of weight, had bloodshot eyes, and even had some gray hairs behind his temples. "Is he sick?"

"You have the nerve to ask me? You're inhuman! This wasn't what you told me at the beginning... You just banished me to the decadent capitalist world and then abandoned me?"

Wang Zheng looked resentful.

I haven't had a good night's sleep since I arrived in Hong Kong!
At first, he was worried about losing tens of millions of dollars, which was simply unaffordable with his monthly salary of 110 yuan, not to mention letting down the country; later, when he made money, the ordeal only intensified...

I sent Xie Wei several telegrams, but he didn't reply at all the first time. Fortunately, he replied with one during the Chinese New Year.

Otherwise, he wouldn't know how to face the employees who ask him every day when they'll get paid.

"What exile? You're being sent to enjoy the glitz and glamour of capitalism! Didn't we say the company would reimburse your expenses there? As the owner of an investment firm, a rising investment elite in Hong Kong, look at that shabby suit you're wearing..."

"I don't want to do this anymore! I want to come back! I'll even sweep the floor at the school, life there is unbearable..."

Wang Zheng's eyes welled up with tears.

Upon hearing this, Yuan Zhenyue, who was standing nearby, and having learned about Wang Zheng's ordeal in Hong Kong on the way, quietly took several steps back.

Wang Zheng was ripped off badly by Xie Wei, that old silver coin!

A person earning 110 yuan a month gives out bonuses of hundreds of thousands or even millions of yuan to their subordinates...

Throughout the journey, Wang Zheng spent at least three hours cursing Xie Wei.

"Alright. We're all just bricks in the nation's construction; we'll go wherever we're needed! You think I don't want to go? If I do, what about all the mess at the school?"

"But you can't just leave me there and ignore me, can you? When something happens, I don't even have anyone to talk to!"

"Alright, alright! Over there, you'll get double the employee bonus... I've reported this to the school and my superiors... You're the first person in the country to earn a million-yuan annual salary! From now on, we'll call you Wang the Millionaire."

"Is this all about money? What would I need so much money for?"

Wang Zheng was furious.

"By the way, I discussed it with Principal Li before. You should take some time to come back and marry Da Hua, and then bring her along."

"really?"

Wang Zheng immediately stopped making a fuss.

Despite the torment, he also felt a great sense of accomplishment looking at the hundreds of millions of dollars lying in his account—foreign exchange earned for the country and funding for the school!

Although it was all done according to Xie Wei's instructions, he earned it himself.

Because he earned so much, he has been struggling to cope in Hong Kong lately. Not only are the unmarried women in the company staring at him like hungry wolves all day long, but even on the street, countless beautiful women are throwing themselves at Deputy Director Wang.

In particular, many wealthy people who wanted Wang Zheng to help them with investments not only took him to nightclubs, but also directly offered him women.

If things continue like this, Wang Zheng doesn't think he can avoid falling into their trap.

"In addition, I asked Principal Li for help and found you a few reconnaissance soldiers who had just finished fighting monkeys and were discharged from the army to be your bodyguards."

These days, Hong Kong gangsters still have a good market.

A sudden rise to wealth like Wang Zheng, without any background, makes him an easy target for extortion by gangsters.

If it weren't for the people Li Rui arranged to protect him secretly, Wang Zheng would have been kidnapped long ago.

"We need at least one class!"

Wang Zheng said through gritted teeth.

"no problem."

Xie Wei agreed without hesitation, "Tell me if you have any other requests."

"Can I come back often?"

Wang Zheng asked Xie Wei pitifully.

"If you don't want to die, don't come back too often."

Xie Wei shook his head. "You're a wealthy person who inherited your fortune from relatives overseas. You have no relatives left in your hometown. You must remember that! Of course, you can still come back to invest or something when you have money. But you can't go back to school. Before I came, the school no longer had your records. Also, you need to become a Hong Kong citizen..."

"what?"

Wang Zheng jumped up in anger, pointing at Xie Wei with trembling hands, his lips quivering, but he couldn't utter a word.

fraud!

Son of a bitch!
A son born without an anus...

At this moment, all the curses that Wang Zheng could think of came to mind, but when he pointed at Xie Wei, he couldn't say a word.

Two lines of clear tears silently slid down Wang Zheng's sunken eye sockets.

"Why?"

After a long while, Wang Zheng finally asked in a hoarse voice, then collapsed weakly to the ground.

They went to work in Hong Kong, and the country is gone!
At this moment, Yuan Zhenyue felt that avoiding Xie Wei, that old silver coin, was the best choice he could have made.

"You come with me."

Xie Wei knew he needed to explain to Wang Zheng, otherwise many things would be difficult to handle later.

The Plaza Accord of 85 allowed for the accumulation of tens or hundreds of billions of dollars undetected; the oil crisis of 86 allowed for the accumulation of tens or hundreds of billions of dollars in the international futures market; Japan's real estate bubble; the US dot-com bubble…

As long as Wang Zheng follows Xie Wei's instructions, the school will never lack funds in the future!

Otherwise, Xie Wei wouldn't have let Wang Zheng become a Hong Kong citizen without consulting him, since Wang Zheng's citizenship would have been restored after Hong Kong's return to China in 97.

“Brother Zheng, it’s been almost three years since you and Uncle Du came to Chengdu to pick me up…”

"Don't give me that nonsense! I need a reason, and if there isn't one that can convince me, I won't go back to Hong Kong."

Wang Zheng gritted his teeth and said!

(End of this chapter)