Rebirth of the Official Business Route
Chapter 639 Precarious
Pulling out the radish and connecting the mud, Tan Yunsong has led the electronic technology laboratory jointly established by the National University of Singapore and Fujitsu Group for many years. He has a reputation and deep connections in the field of academic research in Southeast Asia. It is natural for him to lead the Oak Park Microelectronics Basic Laboratory in Jianye. I hope that he can build the main framework of the entire laboratory scientific research team in Singapore and Southeast Asia, and then find excellent technologies from China to fill this framework, and use three to five years to cultivate a large number of outstanding talents. Research personnel, creatively implement the dual-mentor system jointly with universities such as Dongda University, and reserve a group of reserve talents. Only then can the talent construction framework of the entire laboratory be preliminarily perfected. Novel chapters are updated the fastest
At the same time, Zhang Ke hoped that the Shanghai plan to introduce outstanding overseas Chinese scientists and technical researchers would also be helpful to fab investment projects. After all, it is necessary to introduce a large number of engineering and technical personnel from TSMC through a technology company registered and established in Malaysia, and it is necessary to completely relieve these engineering and technical personnel.
Tan Yunsong and his wife took an afternoon flight back to Singapore. Zhang Yan and the others took a short rest at the hotel in Central. After having a meal, they took them back to the airport and boarded a plane to leave Hong Kong. They were waiting at the airport for Guo Songyan, Chairman of the Board of Directors of Guoshi Yunyuan Group. The arrival of a group of people; Sun Shangyi also flew back to Hong Kong from Jianye in the afternoon, and Sun Shangyi arrived at Kai Tak Airport a quarter earlier than Guo Songyan and others. Fiction novel chapters are updated the fastest
Yuexiu Holdings has reached an agreement with the Huishan Municipal Government to inject 800 million yuan into Xiangxuehai to obtain 51% of the shares. In addition to the shares held by Aida Electronics in Xiangxuehai, Yuexiu actually holds more than 75% of Xiangxuehai. .
For this matter, Sun Shangyi talked for almost half a month before and after Huishan, and Zhang Ke visited Huishan a few days ago. People return to Jianye to enjoy the leisurely life.
Sun Shangyi was full of energy, and the hair on his temples was a little white. When he saw Zhang Ke standing in the bright hall, he said with a smile: In such a hurry, I passed Jianye and I had time to have a lunch with Jing Meng. , Let her complain a lot, I don't know when the bar will open. I have to rush back to cheer her up, it's a crime...
Well, it won't happen in three or two months. Who would think about such a distant thing? Zhang Ke grinned and talked to Sun Shangyi with a smile, I'm busy picking up the plane today, and I have to send Mr. Sun You take it back and preside over the work...
Just leave you fooling around in school? Sun Shangyi asked with a smile.
Zhang Ke said with a smile: I'm not Mahathir, why do I need to be busy all day?
In the past two days, the World Bank and the International Monetary Fund held a seminar in Hong Kong. Malaysia's Prime Minister Mahathir arrived in Hong Kong by special plane some time ago, and Zhang Ting learned that Soros would also give a speech at the daily session of the seminar. Mahathir hated Soros deeply. Since the financial turmoil broke out in Southeast Asia, Mahathir, who pays attention to authority, has repeatedly accused Soros of greedy international currency investments. It is stated again that these international currency investments by Soros are not welcome in Malaysia.
But Mahathir's chance to speak harshly. The role played is not great. In two months, the Malaysian currency has depreciated by more than 30%. Of course, it is not the most miserable country in Southeast Asia.
Guo Songyan's plane then arrived at the airport. The last time we met was a month ago. At this time, Guo Songyan was a little tired and his lower eyelids were a little swollen. Sun Shangyi eagerly walked over to hold his hand: Mr. Didn't you have a good rest these days?
The Guo family has a prominent position in the Chinese business circle in Southeast Asia, and it is not comparable to the Ge family's status; the Ge family has been disintegrated since Ge Jingcheng's death. Although Ge Mingxin grasped the two big foundations of Zixin Electronics and Jiaxin Real Estate, they could not be compared with the Ge family in Ge Jingcheng's period. The Guo Group is also the second generation in the hands of Guo Songyan, but Guo Songyan's father had better dealt with the succession issue before his death, and the Guo Group can still gather more closely around Guo Songyan.
There is also a lot of pressure right now. When it is prosperous, no one will jump out to speak out. At this time, the economic crisis is spreading. It is inevitable that some people in the family complain and blame Guo Songyan for his poor management of the enterprise, and attribute the problems of the general environment to Guo Songyan personally.
How can I rest well? Guo Songyan said with a wry smile. I can't bear to witness the market conditions these two days... He shook hands with Zhang Ke again. He said with emotion, I can't meet you a few months in advance, I really regret it...
Aida Electronics’ backdoor listing in May, and Sun Shangyi’s comprehensive reduction of Schwab’s stock holdings in mid-to-early June were all extremely accurate in stepping on the turbulent rhythm of the financial market. The performance warning for the economic crisis in Southeast Asia is impressive.
Guo Songyan also had some thoughts, as long as he could make some preparations more than a month in advance, he would never be in such a mess at this time.
Zhang Ke smiled lightly and said: Malaysia's economy is better than that of India, the Philippines, and Thailand. It will only be difficult for a year or two to make trouble for others. I believe that the wind will stop soon. Otherwise, Jin Hu will not be eager to talk to Mr. Guo, just want to take advantage of this opportunity to take advantage of Mr. Guo...
Hehe... Guo Songyan saw that Zhang Ke's young rogue put his thoughts of taking advantage on his face, and the depression in his heart suddenly eased a lot.
The economic crisis in Malaysia has further spread, and international financial and industrial capital are withdrawing from Southeast Asia.
The main exporter of capital to Southeast Asia is Japan. It has not been long since the financial institutions in Japan experienced the bursting and collapse of the economic bubble in the late 1980s. What caused the huge devastation was precisely the large-scale capital evacuation led by Japanese financial institutions.
Like Singapore Xincheng Group's withdrawal of capital from Jincheng Real Estate, it is just a small microcosm of the land that has been affected.
Guo's Yunyuan Group is also experiencing the pain of shrinking assets during this period. At its peak, the total assets belonging to the Guo family were as high as 4 billion US dollars. In just two or three months, it has shrunk by more than one-third. And depending on the situation, the situation will only get worse.
Assets are sometimes just a numbers game, and the key is to allow enterprises to easily overcome the current predicament.
Compared with the highest market value of tens of billions after the merger and acquisition, the shrinkage of Aida Electronics is also quite serious, only 60% to 70% at the peak. However, when Aida Electronics took advantage of the increase in mergers and acquisitions, the additional funds of 600 million Hong Kong dollars have not been used. , The ups and downs of the stock price have a considerable impact on investment, but it has no effect on the daily operation of Aida Electronics.
Kuok’s Yunyuan Group is different. In the past few years, Malaysia’s economic development has been very rapid. Guo’s borrowed a lot from foreign financial institutions for the development of its enterprises. When the economic crisis came, the due debts had to be repaid. However, it is unable to continue to borrow from these financial institutions to maintain sufficient liquidity.
Ensuring sufficient cash is the only way for many entrepreneurs to survive the economic crisis. Guo Songyan also has the same attitude. He does not know how long the economic crisis will last. Controlling cash flow is the most important thing to pay attention to.
Kumho's proposal to make equity investment in the pulping enterprise under Yunyuan Group without seeking a controlling position is undoubtedly very popular with Guo.
Guo's ability to withdraw nearly 100 million US dollars of funds from equity transactions is one aspect; on the other hand, cooperation with Kumho can also win a stable and large customer such as Shin Kong Paper. After the completion of the second phase of the project, Shin Kong Paper The industry can absorb almost half of the production capacity of Yunyuan Pulp, so there is no need to worry about the shrinking demand for paper after the economic crisis.
Of course, who would have realized that the forest fires in Indonesia will continue to burn for more than a month and will last for three months before they are gradually extinguished. This fire directly leads to a tight supply of pulp in Asia, prompting continued rises in pulp and paper prices in Asia.
The main purpose of inviting Guo Songyan to Hong Kong is not to make an equity investment in Yunyuan Pulp, but to further discuss the investment in the fab.
Guo Songyan and his team arranged to stay at the Island Shangri-La Hotel in Hong Kong. It was dusk, and in the afternoon, the sky in Hong Kong was clear, and there was still a trace of bright red sunset glow in the sky.
When the car passed through Central, there was a huge traffic jam in front of it. I didn't know what was going on. Standing on the welcome pedal of the car and looking forward, it seemed that countless Hong Kong citizens were crowded in front of the open building of a department store.
Stopping the passers-by who had seen the bustle and walked back, I realized that there was a rumor that the department store invested by the Japanese was about to collapse. There was a cake shop in this mall. Hong Kong people like to give cake coupons as gifts , Hearing the news that the store was going to close down, those who had cake coupons would naturally rush over to exchange the gift coupons for cakes before giving up. Although I had thought that thousands of people would move upon hearing the news and almost burst the cake shop. The staff had already been scared and hid, and the police stationed over to evacuate the crowd.
It took nearly an hour to get through this section of the road, but after leaving the airport, the car sent to Hong Kong University to pick up Tang Jing arrived at the Shangri-La Hotel first.
There are corpses everywhere in Southeast Asia, including Hong Kong.
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