If the launch of Nanfu Battery is a bit unexpected, then the rest is progressing step by step.

With a large amount of funds from bank loans and cash from the stock and housing market, massive investment began in China, and the more investment... the more cash flow there was.

This situation is a bit dumbfounding. But it’s not surprising. Nowadays, if you have money in China, you are the boss. As long as you have investment, you don’t have to worry about preferential policies and bank loans.

To be honest, as long as you are a high-quality customer, banks will rush to give you a loan. You will not be able to spend your own funds at all, which is really annoying!

Well! No need for such Versailles.

The first is the restructuring of the Elliptical School - Beiwu Elliptical Computer Branch.

This time, Li Yuan donated all the school to the Bureau of Higher Education and upgraded it to a public university. He only left the honorary title of honorary principal and completely let go of the school.

Of course, the Higher Education Bureau also reciprocated by allocating a piece of land on the outskirts of Beijing as a new campus for the branch. The original old campus was handed over to Li Yuan for commercial real estate development. All development costs were borne by Li Yuan and will be rented out in the future.

The expenses, as the school assets and funds of the branch, are all donated by Li Yuan.

After all, Li Yuan is a man who is very afraid of trouble. Let's leave this kind of donation to student aid to professional organizations! Why do you have to take everything on yourself? As long as you can get merit points, then

enough.

However, in order to keep this branch, Beijing Dance University made a big fuss. I heard that the Bureau of Higher Education was in a state of uproar?

In the end, the Bureau of Higher Education had no choice but to compromise and couldn't reason with a bunch of old ladies?

Love so and so! China’s computer IT education industry relies on you guys who dance ballet and folk dance! (laughing and crying)

In this way, there was an unexpected surprise. Gu Yuqin and Li Yunyun, they were successfully transferred to the establishment and actually became college teachers? (laughing and crying)

This actually made the women in the family happy for a while.

After throwing away this burden, most of the other investments were made by the seven major listed companies in the mainland. Many branch factories were deployed and quickly spread to the national market.

The more special ones are the following companies:

One is Guodong Electronics, which has undertaken a lot of OEM business. It includes BP machines, desktop computers, etc. It is an assembly factory that continues to export through the two parallel overseas OEM lines.

But to be honest, the business growth is just like that, and there is no blowout at all. Let’s leave it like that for now! We can still guarantee the normal operation of the company for the time being.

One such company is Qinglong Electric Vehicle.

In the electric moped industry, Qinglong brand has become one of the brands with the highest visibility and sales.

Unfortunately, the market for fuel-powered mopeds is still limited, and domestic cities have not yet introduced motorcycle bans. Electric mopeds are not mainstream, and the market size is only about that.

Therefore, this factory is similar to Guodong Electronics. They have both become employment projects in Neizhou City. They are not very profitable, but they have become a solution to employment problems.

As for the electric vehicle project, the first generation model has been trial-produced and several prototypes have been produced.

But the technical indicators of these prototype cars are not competitive. It’s just that many front-end technology trees have not been fully opened. All I can say is, accumulate experience and take your time!

There is also Phoenix New Energy. There are only two words about this company - burning money!

The Phoenix New Energy Closed Cycle Project in Northwest China is currently under construction. But it is still far from seeing benefits.

The only harvest... is the free-range sheep!

Many local land-expropriated farmers used the wild grassland here as pastures. Don't tell me, the taste of these sheep is quite good. After eating it, Li Yuan's family felt very satisfied. Ahem!

There is also the Sanzuwu UAV factory. The confidentiality of this factory is relatively tight, and its scale is not large. After all, the current technical conditions are not up to par, and it can only produce very primitive and backward... big toys.

The most critical thing is - there is no Beidou yet.

But even so, they still attach great importance to it. They even got an order just to extend the life of this factory.

Anyway, no matter what, let’s make do with it! It’s also burning money!

In addition, it is the investment and cutting of some industries.

For example, in the real estate sector, major cities across the country have invested more or less in some of them, mainly as offices and production bases for their own industries. Of course, there are also some employee communities and employee dormitories.

In fact, there is nothing we can do about it. After pondering for a long time, real estate is more suitable! At least we have one more high-quality fixed asset.

In addition, there are the remaining mainland assets of the Han Palace. Use what you can, sell what should be sold, and dispose of what should be disposed of...

There is also the Tree of Life of Agricultural University and Shen Jiang. The management rights are also entrusted to Shen Jiang and his Agricultural University team.

In addition, there are still a lot of bits and pieces. Anyway, you just own the shares and entrust the management rights! There are even some people who don't have money to spare, and they even allow the rent-to-own method.

I really am too lazy to take care of so many industries. It is better to cultivate myself and cultivate my character as I am now, and live in peace for a long time.

In the blink of an eye, it was the end of 1997!

…

The old house of the Wong family in Hong Kong is brightly lit and distinguished guests gather. A luxurious party is being held here.

Huang Jiaojiao happily held Ling Ling's hand and held her youngest son Wenwen in her arms. She kept greeting guests from all walks of life and laughed proudly from time to time. Today's party is the full moon wine to celebrate Wenwen.

However, many guests present had a hint of worry on their expressions. Otherwise, the recent economic situation is very bad, which has slowly affected the Hong Kong economy.

At this time, many people did not know that they were already facing the Asian financial crisis, and it was only the first stage of the financial crisis.

Not long ago, on July 2, Thailand announced that it would abandon its fixed exchange rate system and implement a floating exchange rate system. This sudden and unexpected move triggered a financial turmoil throughout Southeast Asia.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! On that day, the exchange rate of the Thai baht against the US dollar fell by 17%, and the foreign exchange and other financial markets were in chaos. Under the influence of the fluctuation of the Thai baht, the Philippine peso, Indonesian rupiah,

The Malaysian ringgit has become the target of attacks by international speculators.

By August, Malaysia gave up its efforts to defend the ringgit. The Singapore dollar, which had always been strong, was also affected. Although Indonesia was the last country to be "infected", it was the most severely affected.

In late October, international speculators moved to Hong Kong, the international financial center, and targeted Hong Kong's linked exchange rate system. The Taiwan authorities suddenly abandoned the exchange rate of the New Taiwan dollar, which depreciated by 3.46% in one day, increasing pressure on the Hong Kong dollar and the Hong Kong stock market.

On October 23, Hong Kong's Hang Seng Index fell sharply to 1211.47 points; on the 28th, it fell 1621.80 points, falling below the 9000 point mark. Faced with the fierce attack of international financial speculators, the Hong Kong SAR government reiterated that it would not change the current exchange rate system, and the Hang Seng Index

It rises and reaches the 10,000-point mark again...

On the balcony on the second floor, Li Yuan and Huang Dongsheng were admiring the distant sea view and chatting about the World Cup that had just ended.

"Yuanzi, how can the French team win the championship? How could Ronaldo have epilepsy? I lost 200,000 in this round! I choose!"

Li Yuan laughed: "Brother Dongsheng, do you know the home field advantage? So far, no matter which continent has hosted the World Cup or which team has won the championship, there has never been an exception."

"Hey! Why didn't you tell me earlier? Is there still such a pattern? Then in the next World Cup in Japan and South Korea, will we be an Asian team? Will we be... hmm?"

"Don't worry about this! The national football team will always let you rest assured."

The two of them laughed and felt very relaxed. Because of Li Yuan's advance reminder, they basically sold out their real estate and stocks.

However, an uninvited guest soon came: "Ahem."

"Brother!", "Brother Xuri!"

"Haha, you are having fun chatting? What are you talking about?"

"We are talking about the World Cup. Brother, are you okay?"

"Well... I'm just looking for Yuanzi. I want to ask you, the company's funds are a bit tight, and I want to borrow some money from your Han Palace."

Li Yuan was a little surprised: "How much? If it's not much, you can go directly to Jiaojiao?"

"Ahem. She said it was the money for the baby's milk powder, but she wouldn't lend her even a single cent."

"Ah? Is it a big number?" Li Yuan and the others laughed. Huang Jiaojiao was so clear-cut between the inside and the outside. She was devoted to her two brothers.

Huang Xuri smiled bitterly: "500 million is too much? You should know that we have a new project in Tsuen Wan, and we didn't expect to encounter this financial crisis. Don't worry, we will just follow the ordinary loan interest rate. The company's money has some liquidity problems.

Most of them are stuck in real estate projects."

"I will tell Jerry to lend you 1 billion!" Li Yuan said with a smile, "This way the money can be more relaxed. And it can also cope with future risks."

If my father-in-law wants to borrow money, it must be easy to negotiate. Moreover, the Huang family is not without money. It is just that they are too superstitious about the real estate market in Hong Kong, which has led to too many new listings and too much backlog of funds.

Of course, Li Yuan had secretly reminded her through Huang Jiaojiao, but who would really believe it at that time? No wonder Huang Jiaojiao lost her temper.

But having said that, Hong Kong's real estate market will pick up sooner or later. As long as we survive this period, these projects will definitely be very profitable. There are no risks at all.

However, Li Yuan's words immediately made Huang Xuri nervous: "Yuanzi, are there still risks? The current risks are not big enough?"

"Of course!" Li Yuan smiled vaguely and did not explain in detail.

It didn't take a few days at all. By mid-November, a financial crisis broke out in South Korea in East Asia. On the 17th, the exchange rate of the Korean won against the U.S. dollar fell to a record high of 1008:1. On the 21st, the Korean government had to seek help from the International Monetary Fund. Temporarily

The crisis was controlled. But on December 13, the exchange rate of the Korean won against the U.S. dollar dropped to 1737.60:1. The Korean won crisis also impacted the Japanese financial industry, which has a large amount of investment in South Korea.

At the same time, a series of Japanese banks and securities companies will go bankrupt one after another. The Southeast Asian financial turmoil evolved into the Asian financial crisis.

By then, the whole of East Asia and Southeast Asia will be in order.

And this is still the first stage, followed by the second and third stages.

In the second stage, that is, in early 1998, the financial crisis recurred in Indonesia. Faced with the worst economic recession in history, the countermeasures formulated by the International Monetary Fund for Indonesia failed to achieve the expected results.

Affected by this, the Southeast Asian foreign exchange market has experienced renewed turbulence, with the Singapore dollar, Malaysian ringgit, Thai baht, Philippine peso, etc. falling one after another. It was not until April 8 that Indonesia and the International Monetary Fund reached an agreement on a new economic reform plan that the Southeast Asian foreign exchange market was temporarily closed.

calm.

The Southeast Asian financial crisis put the Japanese economy, which was closely related to it, into trouble. The Japanese yen exchange rate fell from 115 yen to 1 U.S. dollar at the end of June 1997 to 133 yen to 1 U.S. dollar in early April 1998; in May and June, Japan

The exchange rate of the yen has been falling, and was once close to the mark of 150 yen per US dollar. With the sharp depreciation of the yen, the international financial situation has become more uncertain, and the Asian financial crisis continues to deepen.

Then comes the third stage.

Taking advantage of the turmoil in the U.S. stock market and the continued decline of the Japanese yen exchange rate, international speculators launched a new round of attack on Hong Kong. The Hang Seng Index fell to more than 6,600 points. The Hong Kong SAR government fought back, and the Monetary Authority used the Exchange Fund to enter the stock market and futures market to absorb
To be continued...