Rise from the Far East
35 : The momentum is unstoppable

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Two days later, guests gathered at the Yakutsk Grand Hotel!

The guest list for the banquet included all the higher-ups of the Far East Army above colonel. In addition, the party was also attended by the Secretary of Yakutsk City, the President of the Central Bank, the General Manager of the Foreign Trade Company, Celino, the Director of the Red Star First Steel Plant, Mijalin, the Director of the Red Star Second Steel Plant, Sinov, and the Director of the Maoqing City Ship Factory, Ronovachin, etc.

In addition to these people, the presidents of Western banks in Yakutsk, such as Farrancy Bank in France, Huifeng Bank in Eagle Country, Morgan Bank in America, and Swissbank, were also on the list of participants.

It could be said that if a missile came at this time, the target would be the Yakutsk Grand Hotel.

Then the entire Far East would fall into absolute chaos.

Even the entire world would tremble three times.

As the absolute host, Yu Cheng wore a black suit and shuttled between the various forces.

After a round of drinking.

Yucheng had already gained a lot.

Not only did they sign a contract of intent with Red Star's First and Second Steel Plants, but they also guaranteed that the two steel plants would provide 100,000 tons of high-quality steel for the Far East Trading Company every month for the next six months.

What was the current price of steel?

In the country, the average steel cost 3200 yuan per ton.

100,000 tons meant that they would earn at least 320 million yuan in revenue every month, and the profit would be at least half of it.

What did it mean when the two of them were added together?

This meant that Yucheng's monthly fixed income from the steel import and export trade alone was about 200 million yuan.

And this was excluding the share that was distributed to the Far East Army and the other parties.

If there was no trade between the three countries, the revenue would have shrunk by at least 80% just by paying taxes.

Therefore, one could see how profitable the trade between the three countries was.

The most important thing was that all of this was built on a legal basis.

This was especially terrifying!

Victor and Wang Wu, who had been following Yu Cheng, felt their blood boil just thinking about this number.

Naturally, Yu City's harvest would not be this small.

In addition to giving the Far East import and export trading company a fixed proportion of steel export, the two steel factories also gave considerable preferential policies.

Just this alone could save a lot of money.

As for the two steel factories, they didn't lose anything either.

In this era, Mao's economic progress was almost stagnant. All the state-owned factories, especially the heavy industrial factories, had a large number of unsalable products.

Yucheng's purchase not only solved the problem of unsalable steel, but also allowed the company to operate again.

After seeing the harvest of the Red Star Steel Plant's director, Mao Qingcheng Ship Factory, Ronovachin, also shamelessly pestered him. In the end, Yucheng still ordered two medium-sized freighters of 70,000 tons from the ship factory.

Logically speaking, the business in Yucheng had just started, and the Far East import and export trading company did not need to use cargo ships to transport goods by sea.

But there was no other way!

He was too passionate!

Yucheng had already refused.

However, the factory manager of Ronovacin told Yucheng that he would not take a single cent as a deposit. He would pay when the cargo ship was inspected and delivered.

Yu Cheng felt that if he had persisted a little longer, Ronovachin would have asked Yu Cheng to pay in installments.

Seeing the bustling scene in Yu City, the president of the Central Bank, Lilick Swick, who had been watching from the side, couldn't hold it in anymore.

"Mr. Yucheng, the situation of Far East Trade is very clear now. This is a company with a very bright future. For such a company, we really can't limit its expansion because of insufficient funds.”

Rick Swick stepped forward and slowly introduced,""In order to help the development of the Far East import and export company, our central bank can provide you with a loan. What do you think?”

Give me a loan?

Yu Cheng secretly laughed in his heart. This was really going to be a gun!

Why did you come looking for me?

Yu Cheng pretended to be in a difficult position." I do need a sum of money, but our Far East import and export trading company has just been established. We don't have any assets as collateral, so I still want to develop steadily and accumulate capital. After one or two years, the company will develop and have assets in the Far East.”

"Don't!" Rick Swick immediately grabbed Yu Cheng's hand and said,""The development of the company is so important. What does it matter if there's no mortgage? Brother Yu, is it okay for me to call you that? Brother Yu, with our relationship and our relationship as the commander, we can lend you this money!”

"This isn't good!" Yucheng was in a dilemma.

"Brother, you are too honest.”Rickswick said as if he had experienced it before,"What's wrong with that? It's business. You have to be flexible in everything.”

"You're right, brother," Yu Cheng said modestly,"but I wonder how much the Central Bank can lend me?"”

Rick Swick pondered for a moment and said,""How about one billion rubles?"

He gave this figure with consideration. According to the business of Yucheng and the steel factory, the annual revenue of the Far East import and export trading company would definitely not be less than one billion rubles.

It was reasonable to give this number.

Yucheng was silent for a moment.

Seeing him like this, Rickswick thought that Yu City thought that the amount was too high and quickly said,""Brother, if one billion rubles is too much, how about 500 million rubles?”

Although 500 million rubles wasn't a lot, it was still an achievement!

"It's not too much."

Yu Cheng shook his head and extended three fingers. He said seriously,""If you want a loan, I want a loan of 3 billion rubles!”

He found it too little!

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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