Chapter 70: The Great Proposal

During the three days of the National Day holiday, in Liao Fanmin's memory, in 2000, the country began to implement the Golden Week holiday of May Day and Eleventh Day.

Before 1999, there were only seven national statutory holidays, of which the National Day was only one day off, except for the annual Spring Festival, there was no concept of long holidays at the rest of the time.

Three days is too short, and it is seven days to go to work, so there are not many people who go out to travel, and most people choose to rest at home.

Liao Fanmin has no way to rest, he has to go to work in the company, and Jia Tianxing can't rest, because the company plans to hold an important meeting on October 1, the National Day.

Fortunately, Cheng Yahui decided to go out shopping with her classmates, and there was no trouble for Liao Fanmin, after all, she was a freshman, although she showed her feelings in front of Liao Fanmin, but in front of her classmates, Cheng Yahui was still restrained.

Early in the morning, Liao Fanmin and Jia Tianxing took a bus and rushed to the company.

Running back and forth for a long time, Liao Fanmin has become accustomed to it, this is the price that must be paid for both study and work, and he also has a way to deal with the boredom of taking the bus, that is, he brought a book on economics and trade, and looked at it.

Entering the office, before Liao Fanmin had time to pack up the information, Jia Yunmao came in with a frown.

For a few days in a row, Jia Yunmao was worried, it should be that the company's business was in trouble.

"Liao Fanmin, you prepare, the company will hold a meeting of senior management at nine o'clock... ”

Liao Fanmin nodded.

"Chairman, is there any trouble with the company's business development? ”

"Yes, Southeast Asia has been completely chaotic, and it is impossible to do business at all, and the business in Thailand, the Philippines, Indonesia and Malaysia is basically yellow... ”

Before Jia Yunmao finished speaking, Liao Fanmin lowered his head, he didn't want Jia Yunmao to see his pale face.

After being reborn, I forgot how such a big thing happened.

Liao Fanmin could only blame himself, and a few big words of the Asian financial turmoil entered his mind.

In the Asian financial turmoil, foreign trade companies must have suffered an impact, many foreign trade companies because they could not support, have collapsed, especially the foreign trade business focus on Southeast Asia companies, because of the collapse of currencies such as the Thai baht, the company has also fallen into a huge loss situation, followed the collapse.

When he looked up again, Liao Fanmin almost unconsciously asked.

"Chairman, does the company have won in storage? ”

"There are some, not a lot, Liao Fanmin, do you mean that South Korea is also going to be chaotic. ”

"Chairman, I suggest that all the won be sold and exchanged back for US dollars, if the company has Hong Kong dollars, it must be converted into US dollars immediately, it must be fast, even if it is traded on the black market, it must be converted into US dollars, and the RMB in the company's inventory, leaving the necessary expenses, and the rest will be converted into US dollars, the company has the right to import and export agents, and it will not be subject to too many restrictions in the exchange of US dollars. ”

What Liao Fanmin said was unquestionable, and his attitude was also very resolute.

Jia Yunmao looked at Liao Fanmin, his face full of surprise.

"Liao Fanmin, why do you say that. ”

"Chairman, I'll explain to you in detail in a moment, if you can trust me, do it immediately, if you hesitate, it's too late. ”

At nine o'clock, the meeting started on time.

There are only six senior managers of New Century Co., Ltd., all of whom are heads of various departments, and Liao Fanmin and Jia Tianxing attended the meeting as observers.

This meeting is about business in Southeast Asia, whether to continue to connect or give up completely.

The atmosphere was dreary, and in less than a month, the business in Southeast Asia that the company contacted was hit hard.

In fact, everyone understands that this meeting is not only about the business in Southeast Asia, but also about the entire foreign trade business, the currency in Southeast Asia is depreciating like an avalanche, the dollar has become a hot commodity, and foreign trade companies and countries settle with each other, most of them rely on the exchange rate of the US dollar, which has led to heavy losses for many foreign trade companies.

New Century Limited Company is a private foreign trade company, unlike other state-owned foreign trade companies, the most important point is that it is self-financing, if there is a major mistake in decision-making at such a critical time, it is very likely to go bankrupt directly.

The discussion was almost unanimous, and we would not do foreign trade business in Southeast Asia.

Liao Fanmin has been listening very carefully, and his mind is running rapidly, Liao Fanmin is not particularly familiar with this unprecedented Asian financial turmoil, but one thing he knows is that a group of financial predators have earned huge wealth in this financial crisis.

Some people think that those financial predators violate morality, take advantage of the fire to rob, push countries into the abyss, ruin countless businessmen, and make ordinary people even poorer, but as time goes by, rational analysis gradually prevails, and the fundamental reason for the emergence of the Asian financial crisis is that there are huge problems in the financial control of Asian countries themselves.

What Liao Fanmin knows is that some people have made huge sums of money by manipulating the exchange rate of currencies in the midst of this Asian financial turmoil, and of course, this requires huge monetary resources to be able to do so.

It is impossible for New Century Limited Company to participate in the game of currency interest rate manipulation, and it is not qualified at all, but it can go with the flow and make a lot of money by reselling currency.

"Liao Fanmin, tell me your opinion. ”

Jia Yunmao suddenly asked, interrupting Liao Fanmin's thoughts.

At such a high-level meeting, Liao Fanmin is not qualified to speak, even if it is Qin Yuhua, assistant to the general manager, he generally will not speak, after all, the heads of various departments of the company are elites and are familiar with all aspects of foreign trade business.

All eyes looked at Liao Fanmin.

The affairs of Guanghua Company are known to everyone in the company, and it is also from that time that ordinary employees of the company or department heads have begun to pay attention to Liao Fanmin.

"Chairman, I don't think we can stop doing business with Southeast Asia, but at least keep in touch. ”

The meeting room was surprisingly quiet.

"My suggestion is that the goods business with Southeast Asia should be temporarily suspended, but we must pay attention to the currency exchange rate of Southeast Asian countries, before the meeting, I have suggested to the chairman that the use of the company's import and export agency rights to sell South Korean won, yen, Hong Kong dollars and other currencies, buy a large number of dollars, and at the same time use part of the RMB to buy dollars... ”

The atmosphere in the conference room became strange, such a major matter, coming out of Liao Fanmin's mouth, it couldn't help but feel strange, even outrageous.

"I think the next phase of the company's business needs to be significantly adjusted, and our focus is temporarily from the import and export of goods to the import and export of currency. ”

"We need to pay attention to the rise and fall of the currencies of Asian countries, as well as the exchange rate of the ruble, and you are all my predecessors, you should know what I mean. ”

Speaking of this, Liao Fanmin stopped, there were some things he couldn't say, so as not to cause a shock.

"I support Liao Fanmin. ”

Qin Yuhua spoke first.

Jia Yunmao fell into contemplation, Liao Fanmin's suggestion is to resell currency, which is a measure to play the side ball, strictly speaking, it is not illegal, but it is very likely to damage the company's reputation, once other foreign trade companies know about it, they will definitely condemn it, and the relevant departments know about it, I am afraid it will also restrict the company's import and export agency rights.

However, Liao Fanmin said very firmly, especially the reminder before the meeting, which made Jia Yunmao undecided.

If Liao Fanmin was older and more mature, Jia Yunmao would not hesitate to adopt his suggestion, but now he is still a little hesitant, buying dollars is not a big deal, many companies are doing this, this is also to avoid more losses, even if Liao Fanmin does not make suggestions, Jia Yunmao will also take these things into account.

At the end of the meeting, Jia Yunmao did not make a direct decision.

Entering the office again, Jia Yunmao closed the door.

"Liao Fanmin, I know that many companies are trying to buy US dollars, that is to avoid losses, it is not very difficult to make this decision, I will do it immediately in the next step, but you asked the company to shift the focus to the import and export of currency in the next step, it is difficult for me to decide, do you have any specific suggestions. ”

Liao Fanmin looked at Jia Yunmao and sighed secretly in his heart.

If Jia Yunmao had a broader vision, he would soon be able to understand what he meant.

"The chairman, whether it is the company's senior management or ordinary employees, is thinking about their own work and salary, and they can't consider it from the interests of the whole company, but I'm different, I think of the future of the company, which is also the task given to me by the chairman. ”

Jia Yunmao looked at Liao Fanmin and nodded silently.

"Doing business is gambling in the first place, and after you have a clear purpose, let it go and do it boldly, you say? ”

Jia Yunmao looked at Liao Fanmin for a while before speaking.

"Selling the yen, the won and the Hong Kong dollar and buying the dollar is just your initial suggestion, and I know you will have other ideas, and what should I do when it comes to the business of importing and exporting currencies at the meeting. ”

Liao Fanmin let out a long breath and was silent for a while before speaking.

"Direct loans to foreign banks, obtaining the maximum amount of rubles, with a term of two years, no matter how high the interest, can be allowed, as long as the loan can be made, and if necessary, mortgaged by the agency of the import and export goods... ”

"What to do after the loan ruble. ”

"Convert it into dollars right away. ”

"What to do next. ”

"Do nothing, wait for two years to pay back. ”

Jia Yunmao looked at Liao Fanmin and gasped, this is obviously a loss-making business, at least the interest is pasted in, two years is not a long time, but the interest loss is not small.

"Chairman, that's all I can say for the time being, but I have a request, what I said to the chairman just now is top secret, and it can't be leaked out, otherwise not only the company will suffer a catastrophe, but even individuals will encounter danger, if the chairman decides to do this, I am willing to recommend candidates... ”