Chapter 146 Economic Crisis 3

Kaifeng's rectification progress is also relatively good. Because it is a dominant company in the region, the large-scale "wind and rain" rectification will not have much impact. Therefore, the head office has made a unique rectification according to the actual situation, from the inside to the outside, from the outside to the inside, as long as it can be rectified. All have been rectified. Because it occupies a dominant position in the market, especially near Wuhan, it is unmatched, so it is vigorous, and the whole market is shaken. Some small companies take the opportunity to counterattack can't work at all, and they can't tickle Kaifeng. After Shenwei Company in the south sent personnel to help with the sweep, it also completed the task assigned by the head office in May of that year. Due to her special position, while maintaining an annual profit of 17 billion yuan, she has also maintained a growth rate almost the same as the market. According to statistics, fairies account for about 200 billion yuan in the market of 650 billion yuan in the mainland. The total profit of Kaifeng Company has reached 60 billion yuan, and the book capital is as high as 85 billion yuan. Excluding the part that should be paid, it can be handed over to the headquarters by about 45 billion yuan.

The rectification work of the two branches in the north was carried out under the direct auspices of the head office. Cao Kecheng even personally directed the staff of various departments to rectify, focusing on Huayuan Company. Among the six branches, the two companies in the north have expanded most rapidly, and the scale has expanded almost eleven times, which makes the company's structure quite scattered. The proportion of new employees is relatively large, and the task of rectification is very heavy. A large number of people have been seconded from the fairy headquarters, and a large number of people have been seconded from the headquarters of the electronics company. Some personnel were transferred from the Southern Company, and finally the adjustment of the market was basically completed in April 32. At the same time, Junda Company was also busy completing the instructions given by the head office. Subsequently, the two companies worked together and gathered in one place to carry out a mandatory rectification of Junda. The fairy headquarters constantly conveyed the "latest" work instructions to Cao Kecheng, which made him unbearable, but finally they did not bear the heavy burden. In June, they basically completed the rectification work of Junda Company. The early rectification of the two companies was still carried out step by step, but after the second half of 1934, the rectification became more and more explicit, and more regardless of the impact. Many interests were simply abandoned, a large number of customers were "exposed" uncompromisingly, and no one gave various preferential policies such as deferred payment, "the fairies are committing suicide". Cao Kecheng also forgot the words "step by step" and "steady progress" as envisaged at the beginning, and came a "long pain is not as good as short pain". The poor fairy's great market in the north has made the new element company eat more than 80 billion yuan while rectifying and following up. Although the profit in the past two years is not bad, it can reach about 45 billion yuan per year. By June, there has been a profit of 150 billion yuan, the book capital has reached 270 billion yuan, and the capital that the head office can withdraw is as high as 140 billion yuan. However, in the northern market in the same period, the fairy only reached 4,700. 100 million yuan is not as good as the total market volume two years ago, and the market rate has dropped by 3 percentage points. The old rival New Element Company not only maintained a high growth rate, but also "directly" "taken" the 80 billion market from the fairy, with 730 billion yuan zhan 28.08% of the northern market. At the same time, Fengcheng Company is not bad, with a growth rate of 10%, not only carried out some rectification, but also 2 20 billion yuan has reached an 8.56% share of the northern market. Of course, their rectification is far less thorough than that of fairies, and the effect is far different. The fairy's action in the north is not over. The new material company sold its shares of Qingniao Company under the personal instructions of the boss. The cash of 30 billion yuan was transferred to the account of Xincai company, and completely broke off the relationship with Qingniao Company. Of course, it took over Longjia Company, which has been coveted in the northern market, and this investment Zi was also rated as the most...

The Yangtze River Delta Market has always been a difficult place for Fairy New Materials Company. The market with a total value of 290 billion yuan has never been dominant. There are many rivals in this area, and it is impossible to carry out large-scale rectification. The fairy's rectification in other markets, people can understand that what can't be done with the fairy's character? Of course, the most important thing is that the fairy has a favorable position in those markets, and the rectification work will not cause serious damage to the whole company, but it is different here. The fairy does not have an advantage in the first place. If you carry out such a rectification, then "in addition to other conspiracies", so, only Basic rectification can be carried out while minimizing the damage to interests. In the south, Shenwei company zhan has considerable advantages. In the integration, the company's losses are relatively small, just let other companies take advantage of it a little. Even if the expected thing does not happen, it can easily "take" the market back; there are no competitors in the Wuhan market in the first place, and it is in shock. There is no problem with the treatment; everyone in the northern market has unified their opinions. Long-term pain is not as good as short-term pain, and it should be rectified long ago. Even if it is not for this matter, a large-scale rectification must be carried out. Otherwise, it will definitely not be able to compete with the new element company in the later stage. We can't give in endless concessions to dealers and suffer a little loss to the company. It's acceptable. However, the market in the Yangtze River Delta is different. It's not easy to win this market. You can't give up if you give up. It's hard to get and easy to lose. Once you give up this market, it's too difficult to take it back. And once it's damaged, it's not your own company that suffers losses. Other companies still suffer. If the damage is serious, the benefits can be maximized through appropriate arrangements. There is a saying, "A real businessman does not ask for a complete victory, but strives for the most favorable environment for himself while his competitors are most hurt." As long as the fairies ensure that the other three markets are not greatly damaged, they can still accompany everyone in the Yangtze River Delta market. After all, the company has a lot of strength. Of course, due to the large number of companies in this market, the fairy's actions are not very eye-catching. They still carry out some moderate rectifications, which can't really happen. The problem made the "company lose its vitality", and their rectification also mainly focused on the collection and payment of some goods, which is very important for fairies to carry out rectification. Therefore, after two years of rectification, the two branches accounted for 13.09% of the total market with an annual profit of 20 billion yuan, a total of 90 billion yuan and market assets of 330 billion yuan. Other companies have also grown very rapidly. Due to the lack of competitive pressure from other markets, Xinpeng Company has grown to 397 billion yuan and continues to lead the market. New Element Company has also climbed to 200 billion yuan, Fengcheng has reached 213 billion yuan, Longjia has also reached 260 billion yuan, and completed The long-cherished wish to enter the northern market is really called a large national company. Unfortunately, it actually brought him a real "disaster"!

No matter what it is, it is for trust in someone, or it is also hot in his mind. In June 35, before the deadline for the final revision of the fairy headquarters, Cao Kecheng completed the basic task of the rectification of each company. All the funds that can be collected have been collected, and each branch has also paid all the profits that can be paid in. In this way, Cao Kecheng has hundreds of billions of yuan for the first time, but it is soon transferred to the name of the fairy headquarters. During this period, each branch handed over to the head office with a profit of 410 billion yuan, and the company's market assets 1 .47 trillion yuan, accounting for 7 in the domestic market. * 19.24% of the trillion yuan, compared with a few years ago, has decreased by nearly two percentage points, for which I burst into tears!

Since the beginning of 1933, Li Mengze's heart has never been calm, nervous, restless, and often nervously makes some funny actions, which naturally attracts the attention of the whole family. Some women who knew the inside story did not know how to comfort him, and the rest of the women were even more helpless, and even Jing Wen could not really calm her husband. His women are like this, and several daughters-in-law don't understand why their father suddenly became like this. They want to persuade but can't persuade them. Even their mothers can't do anything, let alone these juniors! Although Li Mengze's mood is mostly stable, people who have been with him for a long time can still easily find his pain. Ding Peipei wrote in his diary, "I don't know why Dad suddenly became different from usual. He seemed to be enduring some huge pain and couldn't get rid of it. We were all worried (his body)." After many years, she still remembers this incident vividly, saying that it was the most stressful time of her life. He ignored the care of several daughters-in-law and the nervousness of his wives. He was suffering alone! After entering 35 years, his uneasiness became more and more serious. His family carefully guarded him and prevented anything from bothering him from appearing. Even a few little grandchildren were sent to his grandmother's house. In April, he made a crazy decision to deposit all the funds of the headquarters in the form of physical gold in several major state-owned holding banks. At this time, whether it was the employees of the company, his family, or his friends, even the former obedient ladies could not stop him. Some moves! At this time, Fairy Electronics Company had a profit of 1.02 trillion yuan and a book capital of 1.3 trillion yuan. He took 950 billion yuan, and also took 400 billion yuan from Xixing Company's book capital of 521 billion yuan. A paper loan white note was replaced by a white note, together with 400 billion yuan of cash from the Fairy Headquarters, a total of up to The huge amount of funds of 1.75 trillion yuan was deposited in the three major state-owned banks and piled up in the form of physical gold. In June, he took another 350 billion yuan from the new materials company. Except for leaving 100 billion yuan for emergency, all the rest was deposited in the bank and exchanged for gold. In this way, in less than three months, he deposited profits of up to 2 trillion yuan into the three major banks, mainly state-owned shares, all with hard currency gold as storage. At the end of March, he also deposited as much as 50 billion yuan of family private property in the bank in the form of gold! He strictly restricts the participants of all these deposit and withdrawal activities, which are basically operated by the finance ministers of each company, and this is not over. As a controlling shareholder, he forced Eurasia Electronics to store the funds (30 billion US dollars) that have not been used recently in half in euros and RMB. Relying on the storage form of the US dollar and the euro. After finishing all these things, he finally relaxed. Therefore, the subordinates of the Li family took a breath. Whether they knew it or not, everyone said in your heart, "Finally calmed down."

After a series of economic measures, the profits left by the fairy system companies are about 100 billion yuan for electronics companies, more than 300 billion yuan for book funds, 60 billion yuan for new materials companies (there are still 4 billion yuan that have not been recovered), and less than 500 billion yuan for book funds, basic parts companies and fairy energy companies. There is a total working capital of 20 billion yuan; because Xixing has basically no debt, the whole company is left with only more than 120 billion yuan of working capital. At the same time, in order to "reduce losses" as much as possible, after discussing with Chen Haisheng, he sold 80% of his shares of Wansheng Company (17 billion yuan), and transferred the rest of the low prices (3 billion yuan) to Chen Haisheng, completely cutting off the relationship with Wansheng Company. For this reason, the Li family's family's property increased the after-tax funds by 200. 100 million yuan has brought the existing account funds of the whole family to 21.7 billion yuan, and with this amount of money, Li Mengze has completely relaxed!

At this time, the world economy is still growing at a high rate. In 33 years, the growth rate reached 4.2%, and by the beginning of 1935, it reached 3.3%, which has continued for many years with an annual growth rate of more than 2.6%, and it has not stopped at all. Signs of coming down! In China, the economic situation is still relatively good. It is the world's third largest economy with a total output value of 80 trillion yuan. In 33 years, it also grew at a rapid rate of 5% above the world's average growth level. Two years later, China's economic scale has reached 88 trillion yuan in June. The statistics show that the growth rate has reached more than 4%, and the gross social output value continues to rise without any pause. This series of statistics not only makes the people of the fairy headquarters happy, but also makes them sad. Fate seems to play a big joke with their magical boss. Perhaps, the boss is really old and should really retreat. Years of "hard work" have exhausted him. How can a person like him It's so hard! Having said that, everyone still dares not relax at all. They closely monitor the dynamics of some large companies and try to find some clues from their economic activities. Facts have proved that in all economic crises, some companies have been able to "predict the foresight", turn bad luck into good luck, and avoid a relatively slight disaster. However, until the end of June, the fairies had not found anything abnormal, and the world's major banks did not have any relatively large capital activities, and the stock exchanges were also operating normally. !

However, after June, especially in mid-July, the world situation suddenly became strange. In just one week, the price of the world energy market fluctuated more than $10. A large number of oil futures were bought and then urgently sold, and energy companies suffered heavy losses. It's just that there is no excessive abnormal reaction in other aspects. It gives people the illusion that the energy market is originally fickle, but this year it's just a coincidence. Although many energy giants have suffered heavy losses, the whole world economy has not experienced any major shocks! But this is only a superficial phenomenon. In secret, many large companies are already making all kinds of emergency preparations. According to statistics, until the North American stock market fluctuates, most of the world's top 500 companies have made industrial "correction". Perhaps the actions of a company will not have an impact on the social economy. The small actions of several companies can only cause some ripples, but when a large number of large companies act collectively, the market can't help but make a "self" response, "the undercurrent has been formed"! By July 21, there was a sudden oil shutdown in Zhongdong. Within two days, the oil exports of Iran and other countries had almost stagnated, and the oil exports of Iraq and other countries also fell sharply. About 50% of the Persian Gulf oil exports no longer existed, and oil prices in various regions immediately rose like a blowout, and this It eventually led to another rare global economic crisis in the world.

At the same time, the Wall Street stock market suddenly fell 300 points. By the 22nd, it had fallen more than 500 points. A large number of investors sold all kinds of stocks in their hands. The Douglas Index plummeted, and the Nasdaq Index plummeted... The run storm of investors first set off in the North American market! On the 22nd, the Chicago stock market fell, and the futures market almost fell into a standstill. On the same day, the Atlanta stock market plummeted, and the Los Angeles stock market fell seriously... "North America has no borders", which is more appropriate for the economy. Just as the Chicago stock market plummeted, the Toronto stock market also plummeted, and the whole North After more than 20 years of steady rise, the U.S. stock market blew strong cold winds west, south and north with New York as the center. Major stock markets were cold, and the economic storm first ignited in the North American market. On the 23rd, the Mexican stock market also fell sharply, making this crowded big city in the tropics suddenly become impetuous... In the two days from the 21st to the economic storm sweeping North America, the international price of the US dollar continued to plummet, from 1.5 US dollars to 1 euro to 2.3 US dollars. In exchange for 1 euro, the decline was 53%. The neighbors of the United States on the Pacific coast have taken urgent measures to respond to the economic storm generated from the United States. China, the world's third largest economy, is unwilling to be the victim of the "weak dollar". It immediately announced the "separation of the RMB and the US dollar" on the 21st, no longer maintaining the official pricing standard, as a single for the first time. The sole settlement currency appeared in the world market. Japan is more worried about the economic storm in the United States. In pain, it announced on the 22nd that "Japan supports all economic rescue measures of the United States, but the yen has its own pricing standard, which has nothing to do with the temporary decline of the dollar." The "unrighteous" behavior of the two neighbors on the Pacific coast has made the economic situation of the United States more volatile. The world's largest economic power and the world's second largest economic union are crumbling in an instant. Americans who have spent the world's money for decades suddenly find that they are really "four walls of their families". By the 23rd, the exchange rate of the US dollar and RMB in the international market had dropped from 5 yuan to 3.2 yuan, while the Japanese yen rose from 108 yen to 1 US dollar to 72 yen to US dollars. Although people around the world don't like the United States, "such a large-scale depreciation is by no means a blessing"!

The European market pays close attention to the brothers on the Atlantic coast. The European and American markets are so closely connected that they are easily affected, which is well known. Hoffman (Adams; Hoffman), a famous commentator of London Sky TV, explained: "Oh, my God, there is a cold wind on Wall Street. I hope this storm will only hit New York. Let's pray together!" On the 22nd, "God, this is terrible. The cold air generated from New York to the south, It swept the whole North American continent north and west. Can Mexico still be spared? I hope to blow all the way west to the Pacific Ocean. Let's pray that the cold air will disappear over the vast Pacific Ocean!" On the 23rd, "God, the storm is blowing eastward. The Atlantic Ocean is too narrow!" The Atlantic Ocean is indeed too narrow. Just as the stock market storm occurs in North America, the European economy is already in turmoil. By the 23rd, almost all major stock exchange centers in Europe have plummeted, with limit-downs everywhere, and there are crowds competing for a run. In order not to destroy years of hard work, people do not hesitate to accelerate the fall of stocks to save their own interests. Here, the selfish nature of human beings has been fully reflected. At this critical moment of life and death, all manners, manners, and orders have been lost. At this moment, the wild and cold-eyed onlookers are stunned. Is this a civilized person known for his civilization? After the riot, even the parties themselves were "unbelief" about what they did at that time. Is this human nature? London stock market, Frankfurt stock market and other major stock trading centers have fallen to the limit one after another, and an economic avalanche sweeping the European continent has been formed!

The Pacific Ocean is very vast and boundless, but information can easily pass through this high mountain and ocean! The economic avalanche of the European continent has been formed, and almost at the same time, the east wind from North America to the east across the Pacific Ocean and the west wind across Eurasia in the west hit another center of the world together, which can form the Far East, the first economy. Under the attack of two cold winds, major stocks were traded on July 24. The centers are on the verge of the end. The indexes of major stock trading centers such as Shanghai, Tokyo, Osaka, Shenzhen, Singapore, Mumbai and other major stock trading centers have plummeted, and the green line is fluttering everywhere! People in the Far East are no less than the madness of Europe and the United States, especially in China. For the first time in decades, they have encountered the collapse of the legendary story. People who have not really established their self-confidence have surged up, run, selling... Their madness is the highest in the world, and the destructive power far exceeds that of other countries, making it a fluke. Psychological Chinese economists sighed one after another, and apocalypse of the world has also been formed in China!