People in the Republic of China era began to rise from industry.

Song Wenchang arrived in Shanghai yesterday.

Ostensibly, they came to investigate the development of Shanghai's financial sector, but their real purpose was to attend the textile association's seminar.

He moved directly into his villa in the International Settlement.

He was ready to see how Lin Yi and his group would deal with the media offensive orchestrated by Kong Yongzhi behind the scenes.

He had already read some of those articles before.

Lin Yi's view was completely in agreement; he felt that Lin Yi had hit the nail on the head, leaving no room for rebuttal.

Based on this alone, no matter what reasons the textile association members give, the Nationalist government will never agree to their demand to lower tariffs.

The more resolute the refusal, the more praise one receives.

This kind of thing is always something my good brother-in-law is happy to see.

So he didn't need to bother with anything else; he just had to go around telling everyone he met that he was poor.

The more trouble Lin Yi and his group cause, the more criticism they will receive.

As for the fact that this guy saw things weren't going well and chose to back down... the seminar had been made with too much fanfare beforehand.

Not just in Shanghai, but throughout the entire Chinese business community, everyone was taking notice.

If it really starts strong but ends weakly and comes to a hasty conclusion, it will become a huge joke.

The reputation Lin Yi had built up would also plummet.

In short, this situation puts him in a dilemma.

I've fought this kid openly and secretly so many times, and I've been defeated time and time again.

This time, Song Wenchang was finally able to turn the tide, which put him in a very good mood.

In addition, having left Jinling, he no longer needed to deal with the things that usually bothered him.

So that morning, Song Wenchang slept until the sun was high in the sky before getting up.

I feel completely refreshed and energized.

I did some light exercise, then enjoyed a delicious Western meal while waiting for news from the General Hotel.

If the outcome is a hasty end, then he should press his advantage.

Taking advantage of the current unrest within the Textile Federation, I will meet with Wu Rongsheng, Zhang Jingde, and others to have a detailed discussion.

Lin Yi needs to influence public opinion to get things done regarding tariff reductions.

But for me, there's absolutely no need to go through all that trouble.

As long as everyone keeps quiet and makes money discreetly, there won't be any major commotion.

People like Wu Rongsheng and Zhang Jingde are a group of profit-driven businessmen.

As long as there is profit involved, he is absolutely confident that he can bring these people to his side and directly reap the rewards that Lin Yi has worked so hard to achieve.

As for Lin Yi choosing to grit his teeth and do it even if he'd rather be cursed for his ancestors, that's fine too.

He had prepared the signed article for the acting premier.

First, they should criticize him severely in the newspapers, and then urge the banks in Shanghai to uniformly disclose his debt situation to the public.

A loan of less than 100 million yuan would probably shock everyone.

Given the prejudice of Chinese people against debt, and the current public opinion, it will inevitably affect all aspects of Lin Yi's businesses.

Two blows and this guy's in for a beating!

So whatever the outcome of the seminar, it's a sure win for him.

He was happily thinking about these things when the phone rang upstairs.

Without his instruction, the secretary who was waiting nearby quickly went upstairs to the study.

In no time at all, he jogged back.

His expression was somewhat strange.

This gave Song Wenchang, who had just looked up, a bad feeling.

"Dean, it's Yu Xingmin on the phone."

"How to say?"

"He said... Lin Yi proposed a plan at the seminar, which he intends to suggest to the National Government to coordinate cooperation between the Textile Association and local governments to expand the scale of cotton planting in the country."

"At that time, the textile association will purchase cotton directly from cotton farmers. Not only will the price be higher than that of imported cotton, but agricultural experts will also be hired to study more scientific planting methods and increase the yield per unit area of ​​cotton."

"This will help increase cotton farmers' income."

Hearing this, Song Wenchang was completely dumbfounded...

The seminar was held at the General Hotel.

As Lin Yi shared his ideas, the most important topic of discussion at the meeting—reducing tariffs—suddenly became unimportant.

The experts and scholars who were invited, in particular, were clearly more interested in helping farmers.

A group of people gathered together and began a lively discussion.

They would occasionally argue loudly.

The circles are different; the group from the textile association couldn't get a word in edgewise in front of these experts and scholars.

However, they also formed small circles and discussed it in hushed tones.

The benefits are obvious to everyone.

Although Chairman Lin said that the purchase price of domestic cotton should be higher than that of imported cotton.

However, as tariffs decrease and the price of imported cotton drops, this so-called high price will definitely be lower than the current price.

Increasing the proportion of domestically produced cotton in raw materials can also better mitigate risks.

Otherwise, with raw materials controlled by foreigners, any slight disturbance would inevitably affect the domestic textile industry.

Everyone has experienced this kind of loss before...

There was a great deal of discussion and a lively atmosphere.

Seeing this scene, Yu Xingmin, who went out to make a phone call to inform Song Wenchang, became even more upset.

Damn it, this kid surnamed Lin, I don't know how his head is shaped like that.

It's unbelievable that they came up with such a solution.

Not only did he manage to defuse a huge storm, but based on this idea alone, the media will probably be singing his praises before tomorrow.

Seeing Wu Rongsheng, Zhang Jingde, and several association directors surrounding Lin Yi like lackeys, chatting and laughing, only fueled his anger.

Things are not as good as they used to be.

Back then, Yu Xingmin was a prominent figure in Shanghai's business circles, especially in the textile industry.

Although not as wealthy as textile tycoon Wu Rongsheng, he is still far superior to the current association directors.

Because of Lin Yi's targeting, he was not elected as a director of the Textile Federation.

His Xingye Cotton Mill was also targeted, both openly and covertly.

Although there has been some development in the past year or so, the speed is obviously much slower than that of its peers.

In addition, his hasty sale of his shares in Fenghua Metallurgy, although he recovered his investment costs, has now made Fenghua Metallurgy a thriving business and a source of great wealth, turning his initial choice into a laughing stock in Shanghai's business circles.

All these rumors and gossip are worse than killing him!

"Yu Sheng, what are you doing here all by yourself?"

Someone called out to him.

Yu Xingmin turned his head and saw that it was a textile merchant from Guangdong Province.

The industry wasn't very large, so my seat at this seminar was arranged in the very back row... right next to him.

"It's too noisy, my mind is a bit muddled, I need to be alone."

Yu Xingmin gave a perfunctory reply.

I have no interest in talking to this company.

With a net worth of only a few hundred thousand, how dare he speak to me?

However, his colleagues from Guangdong Province failed to see through his thoughts and asked expectantly, "Mr. Yu, I've heard that you are very familiar with Chairman Lin. Could you tell me about Chairman Lin?"

"Mr. Yu doesn't know that many people in Guangzhou's business community hope to have some business dealings with Chairman Lin's businesses in Guangzhou."

"They always come to me asking about Chairman Lin."

"But how could I, a mere association member, possibly have any opportunity to get in touch with Chairman Lin?"

"So I really need to ask Mr. Yu to tell me a few things about Chairman Lin's past, so I can have something to talk about with my friends when I get back."

"Otherwise, it would be really embarrassing, haha."

Yu Xingmin: "..."