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Chapter 409 The Spring of 1997

Time flies, and in the blink of an eye, 1997 has quietly arrived.

On February 6, New Year’s Eve, Zhengxinzhai was particularly lively.

Old lady Li Biyu started busy early in the morning, while Liu Zhina and Li Hairen acted as assistants, one in charge of the garden and the other in charge of the living room.

Chen Hengjun still looked carefree, wearing headphones and swaying wildly to the music, while Chen Daojun was holding a law book and reading deeply.

"Hey, brother, what are you talking about when I called my father upstairs for so long? I remember this was the first time my father was called into the study, right?" Chen Hengjun suddenly took off his earphones and whispered to Director Chen.

Jun said.

Chen Daojun recalled it, and it was true that the old man had never let his father enter the study before.

"I don't know, but uncle and the others have gone in. I guess grandpa needs to discuss something with them." Chen Daojun consoled him.

Chen Hengjun pointed to Qin Hao who was talking to Li Biyu in the living room: "Have you noticed that that guy hasn't been to grandpa's study for a long time?"

Chen Daojun subconsciously looked in the direction of his brother's finger. It happened that Qin Hao's eyes were also looking here. The two people's eyes intertwined in the air, showing each other a shallow smile.

"Is this guy making some big move again?" Chen Daojun's mind was racing.

"This year is 1997, wait 97 years, could it be..."

The atmosphere in the study was a little depressing, and it didn't look like a scene where relatives gathered together during the Chinese New Year.

As time went by, if Chen Yangzhe still had a trace of doubt about his grandson's judgment before, after New Year's Day in 1997, the remaining doubt had disappeared. Judging from the information he collected, the signs of the financial crisis were

Already starting to take shape.

"How much liquidity does the company still have now?" Chen Yangzhe asked with a frown.

Neither Chen Dongji nor Chen Huaying spoke, but turned their attention to their eldest brother Chen Yongji. As for Chen Yunji, he did not participate in the group's tasks at all and had a completely outsider mentality.

Chen Yongji cursed in his heart, but he was finally reinstated, so he had to behave well, otherwise the old man would get upset and jerk him off again one day.

"Currently, Shunyang Group still has US$230 million in liquidity in its accounts. If all funds from various subsidiaries are withdrawn, there should be another US$200 million."

Chen Yangzhe frowned when he heard this: "How come there is so little money left? Where are the funds withdrawn from the Japanese stock market?"

Chen Yunji smiled bitterly and said: "Dad, the money invested in the Japanese stock market was originally squeezed out. After the funds were returned, a lot of debts were repaid, and Shunyang Semiconductor has been expanding in recent years, including acquisitions and acquisitions.

Investing in the construction of new factories is burning money every day!”

Chen Huaying also took the opportunity to complain: "Yes, dad, you are too partial to Haojun. In order to meet Samsung's supply needs, you have been adding production lines and spent at least a billion dollars over the years..."

"idiot!"

Before Chen Huaying could finish complaining, Chen Yangzhe interrupted angrily: "Do you think we are the only semiconductor company in the world? If Samsung cannot meet its supply needs, Samsung will purchase semiconductors from Japanese companies. Do you want to

Am I giving orders to competitors?”

Chen Huaying was so frightened that she dared not say a word.

Chen Yangzhe looked at these useless children, and not only lamented how his great reputation had given birth to so many children, but these short-sighted guys thought it was Samsung that had been taking advantage of Shunyang. In fact, it was Samsung that had been pulling the strings.

Shunyang Semiconductor is on the move.

After a while, Chen Yangzhe finally regained his breath. He still had to face the reality that he had to face. US$430 million was not a sufficient amount of funds, but if the financial crisis really happened, it would be enough to do something.

"Do you know how much liquidity Haojun has on hand?" Chen Yangzhe's eyes fell on his second son, Chen Dongji.

When it comes to Chen Dongji, he gets angry. After all, he is also his biological father, but his son guards him like a thief. He has agreed to pay dividends in five years, and he has invested fifty or sixty million in it over the years.

U.S. dollars, but didn’t get a penny.

"this......."

Seeing the embarrassment on his second son's face, Chen Yangzhe knew that he could not count on him.

"Yunji, how much liquidity do you have on hand?" Chen Yangzhe could only pin his hopes on his third son.

Chen Yunji was stunned. It took him a while to realize that his father wanted to borrow money from him?

"Almost fifty million dollars left."

As soon as he finished speaking, the eyes of Chen Yongji and the others fell on Chen Yunji.

Even Chen Yangzhe was very surprised and thought to himself: Do film companies make money like this?

"Well done, don't touch this money for now." Chen Yangzhe gave his third son a rare compliment.

"yes."

Seeing his third son agreeing so readily, Chen Yangzhe couldn't help but wonder, does this kid have more than 50 million in liquidity?

"Father, what are your plans next?" Chen Yongji was naturally unwilling to be upstaged by his third brother, so he began to change the topic.



Chen Yangzhe nodded: "Well, according to the information I have collected so far, a financial crisis that may sweep across Asia is already brewing. I asked you to shrink your business scope, on the one hand, in order to reduce losses to

At the lowest level, on the one hand, it is also to reserve liquidity to prepare for the winter."

"At the same time, after the financial crisis, a large number of companies will go bankrupt, and what we have to do is to take advantage of the opportunity to acquire high-quality assets and expand the group's business."

“The next step, Shunyang Group’s key project is automobiles!”

The four brothers, Chen Yongji and his sister, all looked horrified when they heard this. In addition to the shock caused by the news of the financial crisis, it was also due to the old man's decision to focus on developing the automobile business.

"Dad, is this too hasty? Just a few hundred million dollars is not enough to develop the automobile industry, and Shunyang Automobile is not our main business!"

This chapter is not over yet, please click on the next page to continue reading! Chen Yangzhe glanced at his four children with majestic eyes: "This is my decision. You just need to do things according to my instructions. Do you also think that I

When you get old, can you not even compete with that boy Haojun?"

"Haojun?"

"Yes, the next development focus of Haojun's Samsung Group will also be cars."

Chen Yongji immediately changed his attitude. He had long hated his nephew to the core. Now that he had the opportunity to severely defeat the opponent, he would naturally go all out.

Chen Dongji also wanted to use the old man's hand to teach his son a lesson, letting him know that if he wants to inherit Shunyang Group, he has to look to his father.

As for Chen Huaying, she also tends to give Qin Hao some color and let him know how to respect her aunt.

Only Chen Yunji was a little embarrassed. He had always had a good impression of Qin Hao, and he was the only one who was friendly to their family. But he had no choice, because his opponent in the ring was the old man. He could only stand by the old man.

Before leaving the house, Chen Yunji was suddenly stopped by the old man.

"Yoongi, please stay for a while."

"yes."

The three brothers Chen Yongji walked out of the study, but did not go to the living room downstairs. Instead, they found a place to sit down.

"What do you think the old man would say if he left Yunji here?" Chen Yongji asked.

"What else can I say? It's just borrowing money, but do film companies really make that much money now? This guy Yunji actually has fifty million US dollars in his hands." Chen Huaying was more concerned about the money.

Chen Yongji suddenly felt something in his heart and subconsciously looked downstairs.

"Does this nerd really have that ability?"

The scene from ten years ago came to Chen Yongji's mind. At that time, Daojun Chen was also a "prodigy" who had advised the old man and successfully predicted the results of the general election. However, later because his second son performed too miraculous, Daojun Chen was dismissed.

Neglected.

"Perhaps, we can use his power to compete with the second room?"

Once this idea emerged, he could no longer suppress it. Chen Yongji was excited but also secretly sad. Looking at his son and then his own made him wonder if he had done some evil in his previous life to make Chen Xingjun like this.

Come and torture yourself, boy.

Not long after, Chen Yunji came out of the study. Chen Yongji and the other three swarmed around him, asking what the old man had said to him.

Chen Yunji forced a smile: "It's nothing, I just asked about Dao Jun's studies and so on."

Both Chen Dongji and Chen Huaying had the same expression: I believe you are a ghost.

Only Chen Yongji was deep in thought. If the old man is also interested in that boy Chen Daojun, does that mean more of his value?

.......

During New Year's Eve dinner.

The old lady Li Biyu said: "Tomorrow is the 'Old Righteousness'. Let's all get up early to pay homage to our ancestors."

What the old lady calls "Old Orthodox" is actually the Spring Festival, but it's called differently.

Chen Yangzhe nodded: "Well, it is indeed time to pay homage."

Li Biyu said regretfully: "It's a pity that Xianmin is not here this year, otherwise the ancestors can bless her to conceive the child as soon as possible."

Qin Hao had no choice but to explain: "There is no Spring Festival in the United States. Xianmin has been busy recently. I will ask her to come back to see you after she is finished."

"There's no need to look at me, an old woman. The key is that you and your wife can't be separated for a long time. Women, family is the most important thing, don't you think?" Li Biyu was a little unhappy, and even asked his two daughters-in-law to support him.

Yoo Jina and Li Haeren could only echo in embarrassment.

There was no other way, as an old child would become more willful as he got older, so Qin Hao could only try his best to coax the old lady.

Another day, the family, led by Chen Yangzhe, came to the ancestral hall in the countryside to worship. At this time, relatives from all branches of the Chen family also came, with two to three hundred people in total. Chen Yangzhe as

The largest chaebol in Goryeo naturally received extremely high courtesy and was arranged to be the first to enter the ancestral hall to offer incense.

After offering the incense, Chen Yangzhe donated a sum of money to cover the cost of repairing the ancestral hall. Seeing how the old clan members were almost losing their teeth and smiling so hard that they couldn't close their mouths, Qin Hao couldn't help but sigh, indeed, money can help.

god.

After returning to Seoul in the afternoon, Qin Hao was busy visiting relatives with his cheap dad. The Spring Festival in Korea is different from that in China. In China, the Spring Festival is from the first day to the fifteenth day of the first lunar month. You can give gifts and visit relatives.

But in Korea, only New Year's Eve and New Year's Day are used for New Year greetings.

Fortunately, most of the old men of Mr. Chen Yangzhe's generation have already left, otherwise he would not be able to finish the trip in two days.

On the fifth day of the Lunar New Year, Qin Hao was reading a book leisurely at home when a servant suddenly ran over.

"Master Haojun, Master Jun is here."

Qin Hao was stunned for a moment. This seemed to be the first time that Chen Daojun took the initiative to come to his home.

"Okay, I understand, you go and entertain me first, don't be rude."

"yes."

Putting away the book, Qin Hao sat up from the recliner, stretched, and walked slowly to the living room.

After the servant left, Chen Daojun said with a serious face: "I have a piece of information here to offset our previous agreement, how about it?"

Qin Hao took a sip of tea and smiled: "Isn't it a bit too expensive to offset the favor you owe me with just one piece of information?"

"What if this information is about uncle?" Chen Daojun said calmly.

Qin Hao thought for a moment: "So, he came to you for cooperation?"

"How do you know?" Chen Daojun was so shocked that he almost jumped up from the sofa.

"Don't be nervous, I didn't send anyone to monitor you." Qin Haodian analyzed calmly: "The uncle formed an alliance with my aunt before, but after the uncle lost power, the alliance between the two collapsed. He had just been reinstated.

The power is greatly lost. Although my father is a fool, he is not stupid. It is impossible to help him deal with me. The only people who can win over are you and his son. But the third uncle is not interested in Shunyang Group. He can only find partners

It’s just you.”

Seeing Qin Hao's succinct analysis, Chen Daojun had to admit that his cousin's success was definitely not due to his grandfather's relationship.

"Promise him!"

Chen Daojun was stunned when he heard this, and then reacted: "You mean, let me be an undercover agent?"

"One piece of information can't offset the favor you owe me. Help me keep an eye on him. After this matter is over, we won't owe each other anything." Qin Hao raised his teacup to Chen Daojun.

Chen Daojun hesitated and said, "I can help you this time, but I won't let you inherit Shunyang Group easily."

"Then it's up to everyone to do their own thing!"

“It’s a deal!”

In the next half month, everything was calm. The GDP of Asian countries hit new highs again and again, and the stock market and property market of the Four Asian Tigers hit new highs again and again. It was a prosperous scene.

However, in mid-February, a mysterious international capital suddenly began to short the Thai baht.

However, this time Thailand responded quickly and used 2 billion US dollars of foreign exchange reserves to intervene to calm the turmoil and maintain the exchange rate of the Thai baht against the US dollar at 25:1. This mysterious international capital immediately ceased. It seemed that Thailand was

Gain complete victory.

However, just three months later, this mysterious international capital launched another attack on the Thai baht. This time the attack was even more fierce. At one time, the exchange rate of the Thai baht to the US dollar reached 27:1. For this reason, Thailand had to once again

Used US$5 billion in foreign exchange reserves to calm market panic.

Since then, Thailand's foreign exchange reserves have been seriously insufficient, like a wounded prey, and the wolf-trampling tigers and leopards looking around have exposed their fangs.


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