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Chapter 1154: Layout of Chinese Industry
Chapter 1154: Layout of Chinese Industry
The unfavorable start caught Shen Tuanan off guard and discouraged Shen Tuanan, who thought he was a favored child. He did not expect that Suning's move of cutting off the financial support would be so powerful. He would definitely face endless criticism from the Nanjing Ministry of Finance next.
Sure enough, Mr. Song from Nanjing called. The person in charge, Shen Tunan, became the biggest loser in this acquisition case. He rushed to Nanjing in person to explain that night.
When Shen Jinzhen returned home, he looked for Shen Tunan everywhere as soon as he entered the door. He was really like a child who had just returned home and was looking for his mother everywhere. "Sister-in-law, where is my brother? Does he have to work overtime just after starting work at the central bank?"
However, Su Cishu shook her head with a sad face. She was also worried about Shen Tunan's bad start. "Hey! Your brother has already gone to Nanjing overnight."
As expected, Shen Jinzhen immediately started to inquire about it. You know, this involves important information. "Why? Did something happen in Nanjing?"
"It's not Nanjing! It's that your brother ran into trouble this time when he came to Shanghai. His original purpose was to acquire those private banks and further unify the Nationalist government's monetary policy. However, he didn't expect that the first acquisition would come to nothing."
Shen Jinzhen was stunned by what his sister-in-law Su Cishu said. "No way? Which bank is the central bank's first target? Even my capable brother can't take it down?"
"Commercial Bank! The bank and its owner weren't very strong, but suddenly someone showed up and turned the Commercial Bank into a mere shell, completely disrupting your brother's acquisition plans."
"The owner of the Commercial Bank is Zhang Mingquan, and Zhang Mingquan is Yu Shiqing's lackey. Could it be that Yu Shiqing has taken action?"
"No! In fact, your brother has always been on guard against Yu Shiqing's move, and has secretly prepared many tricks. But this time, it was Su Ning from Su's Foreign Trade Company who made the move."
Hearing that Suning, whom he hated the most, was also involved, Shen Jinzhen was furious. "What? Why is it that damn profiteer again?"
Su Cishu immediately heard the hidden meaning in Shen Jinzhen's words, "Jinzhen, from what you said, does it mean that you have a grudge against Su Ning?"
"No! I just can't stand his money-grubbing behavior."
At this time, Shen Jin was really depressed. He didn't expect that Su Ning would be so hateful. Both he and his sister were defeated by him.
His hometown was in urgent need of a large amount of arms, and Su's Foreign Company was unwilling to sell on credit to them, so Xu Nuo had no choice but to find a way to raise money. For this, Shen Jinzhen even contributed his savings and jewelry.
……
At this time, Suning was naturally enjoying the flattery of Yu Shiqing and Zhang Mingquan. This time, Shen Tunan suffered a particularly big setback. It was said that Shen Tunan had been called to Nanjing to be scolded.
Zhang Mingquan, holding the wine glass, was extremely excited. He felt extremely happy. "Mr. Su, your trick of cutting off the source of the fire is really powerful. It hit Shen Tunan's weak spot directly. Shen Tunan will definitely not be able to recover from this."
However, no one was as naive as Zhang Mingquan. Shen Tunan was the trump card in the hands of Mr. Song from Nanjing. "Boss Zhang, don't be too happy too soon. The big man behind Shen Tunan is Mr. Song from the Ministry of Finance. It's impossible to get rid of Shen Tunan completely this time."
"I'm not afraid of him anymore. I've already sold the Merchants Bank."
Thinking about the huge plans for his Su's Trading Company, Su Ning immediately thought of taking advantage of Zhang Mingquan. "That makes sense! So, Boss Zhang, is there any industry you'd like to work in in the future?"
Zhang Mingquan smiled bitterly and shook his head, confused. "I haven't made up my mind yet. I'm investigating new projects, and I don't think many of them will attract investment."
"Boss Zhang, Brother Yu, our Su's Trading Company is planning to invest heavily in building factories in China. Therefore, we need to find partners with strong capabilities and connections across the country. We'll gradually move our light industrial products to China. Land and labor costs are very low in China, which will definitely make our products more competitive."
However, before the surprised Zhang Mingquan could reply, Yu Shiqing beside him couldn't wait to look at Su Ning and asked, "Brother Su, are you serious?"
Suning naturally understood that his bait was extremely deadly, and neither Yu Shiqing nor Zhang Mingquan could resist it. "Of course! Brother Yu, there's no need for me to deceive you or Boss Zhang. Next month, we'll hold an investment promotion conference at the Shanghai Huafan Hotel. All invited merchants will bid fairly."
With great difficulty, Yu Shiqing suppressed his excitement and asked in detail, "Brother Su, what is the specific method of cooperation?"
"Our Su's Trading Company will provide the equipment and advanced production lines, and production must also comply with our standards and requirements. Partners can directly purchase these equipment, production lines, and technology packages, or they can invest in our production lines and technology. Specific details will be discussed in detail once the cooperation is confirmed."
Then, Zhang Mingquan, completely moved, looked at Su Ning in surprise and asked, "Mr. Su, if we purchase the equipment production line directly from Su's Trading Company, can the factory still get orders from Su's Trading Company?"
"That's for sure! After all, our Su's Trading Company was established to diversify our product supply. As long as the factory can produce according to our requirements, there won't be any problems. You know, if there's money to be made, everyone should share it."
As expected, Zhang Mingquan accepted Suning's invitation without any hesitation. "Great! I must attend the investment promotion conference."
Yu Shiqing, who was standing nearby, had also decided to attend the investment conference. "Brother Su, I'll be there myself, too. I'm just wondering what products Su's Trading Company is planning to release."
Zhang Mingquan, who suddenly realized what was happening, couldn't wait to ask, "Yes! Yes! Mr. Su, that's the same question I asked."
"All products on display at the trade show will be available at the investment conference, and all of them use the world's most advanced production lines. Su's Trading Company will also provide technical support, which is definitely much more thoughtful than other foreign companies selling equipment."
"Haha, then it seems I have to invite a few more business friends. No matter what, they have to show their support to Brother Su."
The current Su's Foreign Company is like a fierce dragon crossing the river that suddenly appeared in Shanghai, naturally affecting the cake and interests of many people. Although Suning is not afraid of these people hiding behind the scenes, it is also very interesting to roll out the industrial layout in an all-round way.
You have to know that China is still extremely poor, and the Kuomintang government in power has no ambition at all. The biggest motivation for these guys is to make money for themselves.
That's why they became passive in every aspect during the subsequent Anti-Japanese War and did not even have the courage to declare war on Japanese imperialism. They are really even weirder than the weird country India.
……
At this time, Shen Tunan had already arrived at the Ministry of Finance of the Nanjing National Government, and the big boss sitting in front of him was Mr. Song.
Mr. Song looked at Shen Tunan calmly and asked, "Tell me! What's going on?"
As expected, Shen Tunan looked at Mr. Song in front of him with a face full of shame and apologized, "I'm sorry! Mr. Song, I underestimated the enemy this time. I didn't expect Su's Foreign Company to take action so quickly."
Mr. Song couldn't help but look at Shen Tunan in surprise and asked, "Su's Trading Company? Is that the one with American background?"
"Yes! Su Ning, the owner of Su's Foreign Trade Company, is very mysterious and his strength is far beyond the comprehension of ordinary people. Their trade fair is also touring the country and selling well."
"Well, it's really mysterious. I personally asked my connections in the United States, but I couldn't find any useful information. It's as if there is no trace of Su's Foreign Trade and Suning in the United States."
"Mr. Song, this is too strange. Su's Trading Company has a wide variety of products, which are not what ordinary small trading companies can provide."
"Well, Shen Tunan, the problem now is that your first shot was misfired. It will become more difficult to continue to take over other banks."
"Mr. Song, the main reason is that Su's Trading Company is involved, and their strategy of cutting off the source of funds is simply a rogue tactic." "Shen Tunan, I don't care about that. I can only give you one last chance. The Ministry of Finance will strongly support your actions this time. If you fail like this again, I believe you should know the consequences."
"Mr. Song, don't worry! If we fail again this time, Tunan will be willing to bring his head to me."
"That's not the case! I need the talent and ability in your head, not some weird quirk in your head. If you fail again this time, you may have no choice but to go abroad to realize your dream."
"Yes! Mr. Song, I won't let you down."
"Also, I've met with Yu Shiqing a few times, and I'll personally call him later to warn him that something like the Bank of Communications draining out its gold reserves won't happen again."
"Thank you Mr. Song."
Then Shen Tunan happily took the train back to Shanghai again, and Yu Shiqing also received a call from Mr. Song from the Ministry of Finance. You know, Mr. Song's warning forced Yu Shiqing to think carefully.
Yu Shiqing, who was overjoyed just a second ago, was completely dumbfounded. He hadn't expected Mr. Song to personally come out and warn him. "Brother Su, this might be troublesome. Mr. Song from the Ministry of Finance has personally warned me that you are not allowed to use the same tricks as the Commercial Bank of China."
However, Su Ning urged Yu Shiqing to seek help as well, hoping to see a dog-eat-dog showdown. "What are you afraid of? You have connections, too. Why don't you just go find Mr. Kong and the eldest sister of the Song family?"
"Hey! Since you know everything, Brother Su, I won't hide it from you. Mr. Kong and Big Sister are indeed my backers, but they are both very embarrassed about this matter. It is absolutely impossible for them to turn against Mr. Song and his sister for such a small matter."
"It's really strange! The four families of Chiang, Song, Kong, and Chen, who are in charge of the Nationalist government, are all relatives. I wonder if they will fight over the uneven distribution of benefits."
"Haha, no way! On the contrary, a family dinner can decide national affairs. This is the confidence and generosity of the wealthy and noble families."
Suning sneered inwardly and said, "Indeed! It's incredible just thinking about it."
"Brother Su, let's get back to the point. Can you help me?"
"Brother Yu, the Tongshang Bank incident has already offended the central bank and Shen Tunan. If we take further action, it would be like cutting off their financial resources and killing their parents."
However, Yu Shiqing ignored Su Ning's concerns and looked at him expectantly, asking, "Brother Su, do you really have a solution?"
At this time, Su Ning shook his head firmly again. After all, he hadn't offered any conditions that would move him. "Even if there is a way, I don't want to be targeted by Mr. Song. You know, some things can't be repeated again and again."
"No! As long as you are willing to help me through this difficult time, I will personally introduce you to Mr. Kong and Big Sister."
Su Ning was somewhat disdainful of Yu Shiqing's offer. "It's very tempting! But I still can't afford it. It's not good for a businessman to get involved in too many troubles."
"Brother Su, I'm going to be honest with you. I'm going to sell all of my shares in Xingxia Bank. No matter what the central bank and Shen Tunan do, I won't interfere. Then, I'll cooperate with Su's Foreign Company to open a light industrial factory in China."
"Brother Yu, I initially took over 15% of Xingxia's shares from HSBC, and two days ago you transferred another 5% to Su's Trading Company. You still have less than 30% of the shares now, right?"
"Thirty-three percent! All of it can be transferred to Su's Foreign Company at a low price."
"Today's Xingxia Bank's share price is 12 yuan. What's your offer?"
"Eleven dollars, how about that?"
"No! Nine dollars and eighty cents at most."
"What? This price is too low. Isn't it the same as bankruptcy?"
"Brother Yu, accepting shares in Xingxia Bank also carries risks. After all, the entire Nationalist government is behind the central bank. If there weren't huge profits to be made, there's really no need for Su's Trading Company to take such a risk."
"Okay! It's a deal! We'll sign the contract tomorrow."
"Save yourself from any further delays and sign now."
"Huh? Brother Su, are you so well prepared?"
"The contracts have been prepared in advance. Just fill in the names of Xingxia Bank and Su's Foreign Company. Brother Yu, please take a look at the detailed contract content first."
"Great! No wonder you were able to make your business so big, Brother Su. It turns out you've already made such detailed preparations."
"Brother Yu, let's sign the contract now. I'll transfer the money to your account tomorrow morning."
"it is good."
After Su Ning and Yu Shiqing signed the transaction contract respectively, Xingxia Bank officially became Su's Foreign Company. It would be much more convenient to do business in the Chinese market in the future. The most important financial transactions were the secrets of their own bank.
"Brother Su, how are we going to fight against the attacks from the Central Bank and Shen Tunan?"
"Simple! Just retreat to advance."
"What do you mean?"
"Su's Trading Company now holds 53% of Xingxia Bank's shares and will choose to delist tomorrow morning."
"What? Delisting?"
"That's right! Our Su's Trading Company is very powerful and doesn't need to resort to the method of going public to raise funds."
"That's right! But this isn't a retreat to advance, it's a completely enhanced version of cutting off the source of the fire. Shen Tunan must be completely furious this time."
"Shen Tunan is a childish boy. This will help him mature faster."
……
(End of this chapter)
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