Starting out as a drug dealer in 1988
Chapter 494 Layout
The atmosphere in the spacious and bright general manager's office was particularly serious.
Kuang Youzhi stood upright in front of his desk, his expression focused and serious as he reported the progress of his work to Zhao Wenhao, who was sitting opposite him: "Mr. Zhao, the sell-off is going very smoothly. We have successfully recovered 225 billion yuan.
In addition, the bank loans totaling 178 billion yuan have been fully repaid. However, there are still about 30 billion yuan worth of real estate and shops that have not been put up for sale.
It’s not that these properties and shops are difficult to sell. In fact, they are all located in the most prosperous areas and can be sold at any time as long as we want.
However, house prices have continued to rise recently, so I'm wondering if I should wait a little longer, which might increase the selling price further.
Now, the company's account has a huge amount of funds of nearly 50 billion. I wonder what specific arrangements Mr. Zhao has made for this?"
There was a hint of doubt in Kuang Youzhi's tone, as if he still had some doubts about Zhao Wenhao's previous decision.
Three months are about to pass, but unexpectedly, the housing market and stock market are still showing a sustained upward trend.
Kuang Youzhi sighed inwardly. If he had kept the properties and stocks that he had sold until now, the profits he would have earned in the past three months would have been at least two or three hundred million more.
However, due to Zhao Wenhao's stubbornness, this goal cannot be achieved.
Although there were only a few days left before the deadline set by Zhao Wenhao, Kuang Youzhi still held on to a glimmer of hope, hoping that Zhao Wenhao would change his mind. After all, who wouldn't want their company to make more money?
Zhao Wenhao naturally knew what Kuang Youzhi was thinking.
In fact, if he had not had a clear understanding that major changes would occur in the next month, he would not have taken such decisive action.
But he couldn't explain this matter clearly to anyone, so when faced with Kuang Youzhi's question, he could only respond vaguely: "Don't think too much, we just need to act according to the plan."
Kuang Youzhi sighed helplessly, his heart filled with loss and frustration.
He knew very well that Zhao Wenhao had a strong character and once he made a decision, it would be difficult to change it.
Seeing Kuang Youzhi's expression, Zhao Wenhao said decisively, "Sell all the houses and stocks immediately. No more hesitation!"
His eyes were like torches and his expression was extremely determined.
Then, Zhao Wenhao added: "I only give you one week, you must complete the task no matter what."
After hearing this, Kuang Youzhi couldn't help but feel a deep sense of powerlessness in his heart.
However, since the boss's tone was so firm, he couldn't resist, otherwise he would suffer the consequences in the future.
Therefore, Kuang Youzhi could only helplessly reply: "Okay, Mr. Zhao, the rest is actually easy to handle. I will arrange for someone to list the cards right away."
After saying this, Kuang Youzhi stood quietly aside, waiting for Zhao Wenhao's next instructions.
Zhao Wenhao nodded, indicating his approval of Kuang Youzhi's approach, and then stopped talking.
Seeing this, Kuang Youzhi knew that the boss might need some time to think about the problem, so he tactfully shut his mouth and stood there quietly.
After a while, Kuang Youzhi couldn't help but break the silence and reminded again: "Boss Zhao, what should we do with those funds? We can't just keep leaving them in the bank to earn interest. That would be too much of a loss for us!"
Hearing Kuang Youzhi's words, Zhao Wenhao raised his head and looked at him, then said: "Don't worry, I have a plan."
However, Zhao Wenhao did not elaborate on his plan, but instead instructed Kuang Youzhi, "Call He Zhengsheng."
Although Kuang Youzhi was a little confused, he still did as he was told.
Soon, Financial Director He Zhengsheng walked into the office.
"Boss, you're looking for me?" He Zhengsheng looked at Zhao Wenhao who was sitting there with a look of surprise, and couldn't help but guess the purpose of this meeting.
"How much money is currently in the account?" Zhao Wenhao asked straight to the point.
Upon hearing this, He Zhengsheng immediately replied, "A total of 50.74 billion Hong Kong dollars."
Then he added, "Does Mr. Zhao need money?"
"Contact the bank immediately and exchange all the Hong Kong dollars into US dollars," Zhao Wenhao began to give instructions. "This needs to be handled quickly within the next two days. Also, any subsequent funds that come in must be converted into US dollars as well."
He Zhengsheng was visibly taken aback. He asked hesitantly, "Mr. Zhao, have you heard rumors from somewhere that the Hong Kong dollar is going to depreciate? Or that the US dollar is about to appreciate?"
Zhao Wenhao remained noncommittal: "Go and handle it first, and you'll know everything later."
He Zhengsheng was puzzled, but he didn't ask again. Since his boss had given him the order, he would do it.
However, he thought that there must be some financial policies introduced recently, otherwise the boss would not be so anxious to exchange currency.
"Also, please contact the First Bank of Siam. I plan to apply for a loan from them," Zhao Wenhao continued.
"loan?"
He Zhengsheng was a little puzzled. There was so much money in the account, but he still wanted to take out a loan. What was this boss trying to do?
"Boss, how much do you need to borrow? What's the collateral?"
Although he was a little confused, He Zhengsheng didn't ask specifically.
"I need Thai baht, the more the better." Zhao Wenhao said confidently this time, "You can consider the specific form of collateral. If possible, I hope to be able to borrow 300 billion Thai baht."
300 billion Thai baht. According to the current exchange rate, 1 US dollar is equivalent to 25 Thai baht, so 300 billion Thai baht is 12 billion US dollars.
Even if all of New Century's assets were taken into account, it would clearly not be enough.
He Zhengsheng was a little embarrassed. He looked down at Zhao Wenhao and said nothing.
Zhao Wenhao knew He Zhengsheng's dilemma, so he said, "Some time ago, I cashed out part of my 5% stake in Hengyuan Electronics. The total was HK$23 billion. You can contact them later and transfer it to New Century."
He Zhengsheng was calculating silently in his mind.
There is still about HK$51 billion in the account. If all other property units are sold, there will be an additional income of about HK$30 billion.
Adding this 23 billion Hong Kong dollars, the total is 104 billion Hong Kong dollars.
Based on the current exchange rate, HK$104 billion is equivalent to US$13.33 billion.
If this asset is checked for credit and authorized by the bank, it is naturally possible to loan out 300 billion Thai baht.
But if I do that, the bank will temporarily freeze the dollar account, which seems unnecessary.
It would be better to take the US dollars directly to the bank for exchange, so you don’t have to pay interest.
Therefore, He Zhengsheng still doesn't understand what Zhao Wenhao is trying to do.
Not only him, but Kuang Youzhi, who had been sitting there, was also confused.
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