Chapter 467: The Beginning of the Crisis
After a year of continuous construction, Tongjiang Iron and Steel Co., Ltd. all the technical upgrading and equipment transformation projects have been completed, the new new blast furnace has been put into production, the monthly steel output has reached a record 450,000 tons, although it has not yet reached the design of the annual steel output of 6 million tons of standards, but with the continuous improvement of the technical and business level of the staff, as well as the continuous maturity of the operation of new equipment, it should not be a problem to reach this standard.
The use of new equipment and the application of new technology, greatly improve efficiency, save costs, reduce waste, according to the rough estimation of the financial department of Tonggang, this month's net profit exceeded 30 million yuan, according to this profit figure, less than three years Tonggang can repay all foreign debts, to achieve the revival of the enterprise!
Kanghui pharmaceutical production base in line with the principle of production while building, although there is still a lot of construction, but there are already two production lines put into production, due to the production of limited "medicine" products "can not meet the domestic market", therefore, can only be put into the domestic market first, the development of Southeast Asia and Africa market is only in the propaganda for the time being, but "the prospect is very bright."
The construction and production of the two major enterprises have effectively driven the development of Tongjiang-related enterprises and injected great vitality into the economic development of Tongjiang, not to mention other aspects, just the employment of this piece of "Kanghui Pharmaceutical Base has recruited nearly 2,000 employees at one time" and with the construction of the base and put into production, "the demand for employment will increase, which greatly alleviates the social employment pressure in Tongjiang and plays a vital role in stability.
The main building of the first four-star hotel in Tongjiang has been completed, and now the interior decoration and equipment installation are being carried out, and it is expected that the end of the year can be officially opened to the public, the recruitment of hotel staff has begun, and the applicants are very enthusiastic.
Vocational and technical school buildings have been completed, from all over the professional teachers have been in place, is now openly recruiting students from the whole society, although the vocational and technical school is only a private secondary technical school, can graduate all arrange work, this has attracted the attention of a large number of parents, especially those in the college entrance examination failed in the candidates parents "have called or come to Tongjiang for consultation, the prospect of enrollment is very optimistic."
Qin Zihe began to prepare for the Asian economic crisis in 97 a year in advance, and the financial investment companies registered in Nauru and other countries were all foreshadowing for grabbing money in the Asian economic crisis. However, it cannot be directly robbed in the name of Huihe Securities Investment Company, and two offshore financial investment companies are the best shields. In 97, "Qin Zihe did not arrange for Huihe Securities Investment Company to arrange investment in any project, and from June 96, "Qin Zihe asked Wang Xue to collect funds with all his might" and then put all the collected funds into the two offshore companies, what exactly Qin Zihe did not disclose, but told Wang Xue that there would be a big move in 97 years and a large amount of funds would be needed.
Wang Xue has been accustomed to obeying Qin Zihe's command and arrangement, Qin Zihe didn't say that she wouldn't ask, just according to Qin Zihe's arrangement, according to Qin Zihe's requirements, she sold all the stocks that could be sold in the Shanghai stock market, and the profits of several major subordinate companies were also collected according to the proportion of her sister, and by the beginning of 97, "she counted in detail and found that the money in the offshore company was as high as 500 million US dollars, but after she reported to Qin Zihe, Qin Zihe thought it was far from enough. 500 million US dollars seems to be a huge amount of wealth" but this money to invest in that financial storm will not play much role at all, although Qin Zihe is very clear about the time and node of the impact of international travel capital groups and speculators on some Asian countries, he only needs to follow the trend to obtain huge benefits, but he is not sure of his appearance, that pair of small wings can make some changes to history, once there is an unexpected situation, he will lose all his money, so he must master the absolute power and take his fate into his own hands. As soon as the Spring Festival passed in 97, Qin Zihe began to contact his aunt Chu Yao frequently, for no other reason, because Chu Yao had strong funds, and he had to pull her into the gang "With her strong support, his plan to grab money can be foolproof." In addition, although Chu Yao's company is very profitable now, it is not as fast as it is to grab money in the financial turmoil, how can he forget his aunt with such a good thing, this is called fat water does not flow into the fields of outsiders.
Because there is a successful precedent of grabbing money in Russia, as soon as Qin Zihe analyzed the current instability and fragility of the Asian economy with Chu Yao, she knew that the opportunity was coming, "her company is still responsible for the secret mission of the military", of course, the more money, the better.
Of course, Qin Zihe can't directly say how the economic crisis in Asia is, but induces Chu Yao in the analysis of the Asian economy, and after analyzing it for a few days, he said the exchange rate systems of countries such as Thailand, Malaysia, the Philippines and Singapore, and the exchange rate systems of these countries are not problematic on the surface" But because the foreign exchange reserves of these countries are very limited, they cannot resist the risk of a big financial turmoil" Now this risk has become more and more obvious" For those international financial slugs who eat people and do not spit out bones, It's definitely a great meal and a feast, and as soon as the opportunity arises, "they will be merciless" and this opportunity will definitely come up in the near future!
Qin Zihe formulated a complete set of implementation plans and handed them over to Chu Yao for implementation, because Wang Xue was not familiar with the operation of international finance, so she could only follow Chu Yao's company to advance and retreat, that is to say, to pick up cheap with them, and the first target selected was Thailand, which has invested funds in Qin, Malaysia, the Philippines and Singapore since April, and started a big layout.
In May, the outflow of funds into Thailand's financial market soared, and international currency speculators began to sell Thai rice on a large scale, and the exchange rate fell sharply against the US dollar. In the face of the aggressive attack of speculators, "the Bank of Thailand and the Bank of Singapore joined forces to enter the market in a three-pronged attempt to defend the Thai position, and they used $12 billion to absorb Thai baht: prohibiting local banks from lending Thai straw to offshore speculators; The interest rate was greatly increased, and after a short encounter, Tai Zheng's position was temporarily preserved.
A large amount of news was fed back to Qin Zihe, and he knew that "this is just a return to the light before Tai Zheng's death, and the international currency speculators are raising funds, and when they raise enough funds, they will give the Thai baht a fatal blow!" ~!