Chapter 188 Yen Loans

The signing of cooperation agreements is an indispensable procedure, which involves the transfer of large amounts of funds, and must be clear and able to withstand investigation.

After Chen Jialin hurried back to the deep sea, he placed orders for 200,000 sets each with Philips and Sony, totaling 400,000 sets.

Hu Yang thought about it, felt that it was not enough, and was ready to add some more chips.

However, this time, he does not plan to continue to use the "vest" of Stubborn Stone, but directly imports VCD core components through Huijia Trading Company, which he registered in Xiangjiang.

In order to increase the amount of stockpiling, it is necessary to have sufficient funds. But at present, the company has less than 100 million cash on its books, and it is not of great use at all.

It is a convenient and quick way to continue to borrow money from the bank, and he still has shares of Sit Electric and Shengyi Electronics in his hand to pledge.

But Populus had a better idea, and he wanted to play a little bigger.

"Brother Hu, you want to take out a loan directly in Xiangjiang"

Chen Jialin often has whimsical ideas for Populus euphratica and has become accustomed to it. However, if you want to stock up, it's better to do it separately.

Seeing that Populus euphratica's attitude was very resolute, Chen Jialin immediately called Xiangjiang to ask.

"Brother, Li Tianfeng said that you only have one shell company in Xiangjiang, and it will be very troublesome to get a loan. Of course, if you insist, you can also think of some workarounds, but it will take longer. ”

The results of Chen Jialin's consultation were not satisfactory, and it was not easy to give Hu Yang's "Huijia Trading" loan in Xiangjiang.

Li Tianfeng's Hu Yang still remembers that he once met in Xiangjiang and was a senior staff member of HSBC.

"Why don't I ask myself, or find a Japanese bank. ”

Although international trade is generally settled in U.S. dollars, the Japanese yen is also an international settlement currency. He also planned to import Sony's core components, and it would be more convenient to use yen directly.

"Then you said it earlier, and let me call to ask about this big circle. Let's go, there's one on this building, so let's go and ask now. ”

CITIC Plaza has settled in many large foreign enterprises, including many of the world's top 500 companies, including the office of Sumitomo Mitsui Banking Corporation in Yangcheng.

However, at present, the financial business of foreign banks has not been liberalized in China, and these offices cannot provide direct loan services.

But just to consult, there is nothing wrong with it.

The office of Sumitomo Mitsui Banking Corporation is located on the 70th floor.

As soon as Hu Yang and Chen Jialin walked to the front desk, several employees of the other party bowed to them.

"Hello gentlemen, what can I do?"

Looking at the attitude of others, Hu Yang's heart suddenly felt comfortable.

Chen Jialin saw that Hu Yangguang was smiling and didn't speak, so he took the initiative to say, "There are some business matters that need to be discussed with your person in charge." ”

Hu Yang and Chen Jialin agreed, took out their business cards from their pockets and put them on the table.

If you want to meet the head of someone's house, you must at least report to your home, which is a matter of politeness and a matter of how to do things.

"Okay, you two, please wait a minute. ”

The young lady at the front desk grabbed the phone, and I don't know who she called. When she finished introducing Hu Yang and Chen Jialin according to the business card, a positive reply came from the other end of the phone.

"Come with me, Mr. Yoshino, you'll be waiting for you in the office. ”

Soon, the two met with the head of the agency, Haruhiko Yoshino.

Yoshino Haruhiko is not tall, about 1.75 meters tall, in his early thirties, and the whole person looks shrewd and capable.

"It turned out to be Mr. Hu of Huijia Holdings, and it was an honor to come. And this Mr. Chen, please be seated. ”

Of course, Yoshino Haruhiko knew about Huijia Holdings, and in this building, there were many companies that knew about Huijia Holdings, which had bought a two-story office building, had deep pockets, and young owners.

"Mr. Yoshino, you're welcome. We have taken the liberty to come here today because we would like to consult you about yen loans, and we hope that you will not hesitate to give us advice. ”

Hu Yang and Chen Jialin sat down, and some employees brought them coffee. Hu Yang whispered "thank you" and went straight to the point.

"Mr. Hu, I am only the office of the bank's headquarters in Yangcheng, and I may not be able to help you with the specific financial business. ”

Yoshino Haruhiko was obviously stunned, he felt that the other party should not make such a common-sense mistake.

Chen Jialin smiled and said, "Of course we know what Mr. Yoshino said, but now we are just consulting. Our loan will be made in the name of the company on the other side of Hong Kong, not in the mainland. ”

"That's right."

Yoshino Haruhiko nodded at Chen Jialin, and then his gaze moved to Hu Yang's face again.

Hu Yang immediately said that he was going to import VCD core components from Sony and needed working capital support.

Haruhiko Yoshino suddenly realized that it was no wonder that the other party wanted a loan in yen. Compared to the U.S. dollar, the interest rate on yen loans can be slightly lower, and since you are trading with Sony, it is still a good choice to settle in yen.

"Mr. Yoshino, I want to take out a loan from Xiangjiang, but my company in Xiangjiang has no performance. So, you see if there's any workaround."

Knowing the strength of Huijia Holdings, Haruhiko Yoshino did not refuse. The two of them went back and forth and discussed for almost an hour.

In the end, I really found a plan that was acceptable to both parties.

Hu Yang will add the equity of West Electric held by Huijia Holdings, plus the equity of Shengyi Electronics. Pledged to Mitsui Sumitomo Yangcheng Office. The Sumitomo Mitsui Banking Corporation Xiangjiang Branch then lent 5.4 billion yen to Hu Yang's "Huijia Trading Company" in Xiangjiang.

The process is very complicated, mainly due to the business coordination between the Mitsui Sumitomo Yangcheng office and the Xiangjiang branch.

Of course, this is an internal matter between them, and it has nothing to do with Populus euphratica.

After negotiating a big business, Haruhiko Yoshino politely sent the two to the elevator room. Next, the specific staff of both sides will be responsible for handling this matter, and there is no need for Hu Yang to worry about the details.

Ten days later, Hu Yang received a loan of 5.4 billion yen from his trading company in Xiangjiang. For this reason, he himself stayed in Xiangjiang for a period of time.

According to the loan agreement, the term of this loan is one year, which can be extended for one year without conditions. To put it bluntly, the term of this loan is up to two years. In addition, there is a rule that you should borrow yen to repay yen, and you cannot replace it with another currency.

Because of Chen Jialin and his father Chen Hao's path, after Hu Yang got the loan, he quickly signed a supply contract with Sony, increasing the order for 400,000 sets of VCD core components.

The price of each core component is 1.32 million yen, with a total value of 52.8 billion yen.

At the end of the year, including the 400,000 sets of core components ordered by Stubborn Stone Technology and the 400,000 sets of core components ordered by Xiangjiang Huijia Trading Company, began to arrive one after another.

On Lu Yali's side, because the OEM contract she signed with Stubborn Rock Technology for an additional 400,000 units was relatively early, the supply of core components was not affected.

Xinke is similar, similar to Lu Yali's situation, so the 800,000 sets of core components of Populus Hu and Boanshi Technology are temporarily hoarded in the warehouse.

This time, Hu Yang really gambled, and he almost pressed his net worth.

Chen Jialin said, don't look at Brother Hu usually looks gentle and elegant, but at the critical moment, he is a hot-blooded man who dares to fight.

In other words, this guy Hu Yang is a bit second, and he goes crazy and doesn't care about the consequences.

Populus euphratica scoffs at this statement. VCD machine sales in the domestic market there is still the craziest period of time, even if the bet is wrong, the core components in the hands will not lose money, at most it is for the bank to work in vain.

What's more, Populus euphratica also has double insurance, so it won't be useless.

At the end of the year, another big event broke out in the VCD industry. Hu Debiao once again bid for a set of prime-time advertisements, and became the bid king in 1997 at a sky-high price of 2.1 billion yuan.

Aiduo VCD has once again attracted the attention of countless people.

Around New Year's Day, major VCD manufacturers began to hit the two-section market. In just seven days before and after New Year's Day, the statistics of sales are amazing. Compared with the same period last year, the sales of VCD machines in China have increased sixfold.

Now the sales of VCD machines are so hot that the new goods from all over the world do not need to enter the warehouse, and they can be sold out immediately when they are placed on the counter.

After New Year's Day to before the Spring Festival, there was even a phenomenon of out of stock in many places, and VCD machines had a serious supply crisis for the first time.

The manufacturers underestimate the market, and the production cannot keep up with the sales at all, but at the source, it is on the world's two major movement suppliers. Sony and Philips are also facing the problem of insufficient production capacity, and the supply of movements and decoding chips is in short supply.

It is simply not realistic to expand production capacity now, and this situation will not change without more than a few months.

Lu Yali's new order of 400,000 units, Stubborn Stone Technology worked overtime around New Year's Day to produce it, and before the Spring Festival, it was almost sold out.

Hu Debiao, the boss of Aiduo, was even more worried, he had just smashed in 200 million advertising fees, but the products couldn't keep up with sales, which made him feel sad overnight.

After New Year's Day, Hu Debiao flew to Philips headquarters in a vain attempt to import more movements as a major customer, but Philips said that it could not meet his requirements.

Countless manufacturers are like obsessed with looking for VCD core components everywhere, resulting in the price of core components skyrocketing.

For example, the decoder chip, which used to cost $30, has now reached $65. It's still a wolf with more meat and less meat, and it will be robbed in minutes if it is released.

"Mr. Hu, I don't care, but I heard that Boite Technology still has an inventory of core components. No matter how much it is, I want it, anyway, Boba can't be out of stock around the Spring Festival. ”

Lu Yali came to the door and desperately pestered Populus euphratica.

Mr. Chen of Stubborn Stone Technology, she doesn't have such a good relationship with others, so she can only pin her hopes on Hu Yang.

"Sister Lu, it's not that I won't help you, wouldn't it be cheaper for me to supply you now Zeng Xiangqi"

Of course, Hu Yang's words were a joke, no matter what, for the sake of Lu Yali's face, he would give Boba a little core components.