GBP Chapter 1244 Asking for help
Chapter 1244 Asking for help
Around 4 p.m., Wei Hong and Daisy returned to the Tianqiao Club's branch building. At that moment, Sovokov and Xu Banxia were sitting on the sofa in the reception area on the first floor, staring at each other.
"Ms. Zhao, those people over there are all here to see you!" The receptionist pointed to the reception room and said to Wei Hong.
Wei Hong looked over and saw that Sovokov and Xu Banxia had both heard the commotion and turned around. Upon seeing Wei Hong, Xu Banxia excitedly stood up and quickly walked towards her.
"Sister Zhao, I am Xu Banxia. Do you remember me?" Xu Banxia said.
"I remember, how did you find this place?" Wei Hong asked curiously.
“Sister Zhao, the translator I found works at a venue run by the Tianqiao Association. He recognized Chairman Situ, so we came here to try our luck, thinking that you would stay here since you are in South Korea!” Xu Banxia said somewhat embarrassedly.
"Is your business not going well?" Wei Hong asked.
"Yes, that's right. We misjudged the information we saw before. That steel mill uses ore to make steel and doesn't use scrap steel at all, so they can't buy our products!" Xu Banxia said, sounding a little downcast.
"So you came to me expecting my help?" Wei Hong asked Xu Banxia with great curiosity.
“Sister Zhao, Sister Dai, I don’t want to sell steel anymore. Just like you said on the plane, the domestic development is so rapid, the demand for steel will only increase, and my scrap steel will go up in price sooner or later! So I just need to wait for the price to rise. I came here today to discuss with you whether I can use my steel as collateral to borrow some money from you. Don’t worry, I will pay interest. If the price of steel goes up, I can repay you with interest. If the price of steel doesn’t go up, my 50,000 tons of steel will be enough to cover your loan and interest! What do you think?” Xu Banxia was really going all out.
The price of her 50,000 tons of steel arrived at the port at about 600 yuan, while the current price of scrap steel is over 700 yuan. Although she could make money by selling it, a lot of her money was borrowed. If she sold it now, she wouldn't make any money at all, and might even lose some.
So Xu Banxia is gambling right now, betting that steel prices will definitely rise, and then she can become a millionaire overnight! Even if she loses, she will only lose a little at most!
So she wanted to borrow money from Wei Hong, hoping to take a gamble and see if prices would go up.
"How much do you want to borrow?" Wei Hong looked at Xu Banxia, whose eyes were full of expectation and stubbornness, and asked after thinking for a moment.
“I only need ten million! With ten million, I can hold out for another three months! If the price of steel doesn’t rise after three months, I’ll give you the money back with interest! If the price of steel rises, I’ll give you ten thousand tons of steel directly, how about that?” Xu Banxia seemed to have made up his mind when he heard Wei Hong’s question and said directly.
If the price of steel reaches 1,000 yuan per ton in three months, 10,000 tons of steel would be worth 10 million yuan. For every 100 yuan increase in steel prices, the money would increase by millions! This deal is worthwhile, and it also shows that Xu Banxia has great courage.
"Banxia, I can't give you a definite answer right now. Although ten million isn't a lot, we're here to discuss an acquisition, and we have many expenses. Even for Daisy and the others, if the acquisition is successful, there will still be a lot of expenses!" Wei Hong said.
"Oh, then I'll try to find someone else!" Xu Banxia's eyes went from full of anticipation to disappointment in just a moment. After hearing Wei Hong's words, Xu Banxia seemed to have lost all her energy.
"Hehe, you're giving up already?" Wei Hong asked with a smile.
"Sister Zhao, what do you mean?" Xu Banxia looked up in surprise.
“Go back to China first, then come to Shanghai to find me. I’ll help you find someone to lend you money!” Wei Hong said, patting Xu Banxia on the shoulder.
"Sister Zhao, thank you! Don't worry, I will definitely listen to you without hesitation in the future, as long as there is anything I need! If I hesitate, may I die a horrible death!" Xu Banxia said sincerely.
"Alright, focus on making money! It's not easy for a woman to build such a large business. Work hard in your career and I hope you can become a true entrepreneur!" Wei Hong said with a smile.
"Don't worry, I will!" Xu Banxia said.
"Now that we've finished talking about business, have you eaten? There's a cafeteria here, why don't you grab something to eat?" Wei Hong said.
"No need, Sister Zhao, we'll head back now. My flight is at around 7 p.m. I was planning to go back and tough it out if I couldn't borrow the money from you, but now that I have the money, I'm even more determined to go back!" Xu Banxia said.
"Alright, then I won't keep you any longer! Don't worry, we'll discuss the funding details after I return to China. Don't worry! You go back first, and I'll call you when I get back. Just come find me in Shanghai then!" Wei Hong said.
"Alright, Sister Zhao, I'll be going now!" Xu Banxia bowed to Wei Hong and said.
Watching Xu Banxia's departing figure, Wei Hong and Dai Qian were both filled with relief.
"Young Miss, why would you help someone you've only met once?" Sovokov asked curiously as he walked over after Xu Banxia left.
"Sovokov, how did my father help you back then?" Wei Hong didn't answer, but asked in return.
"The boss took pity on me back then, and I really had nowhere else to turn. Meeting the boss was my luck!" Sovokov couldn't help but recall the scene when he first met Zhao Cheng. The boss appeared in front of him like an angel. After learning about his situation, he solved his problem without hesitation and gave him a new identity.
"Sovokov, what do you think of Xu Banxia?" Wei Hong asked again, seeing Sovokov's reminiscing expression.
"A very nice young girl, strong and independent!" Sovokov said.
"Women, especially women in the business world, have it really tough. It's even more difficult for someone like Xu Banxia to get to where she is today. Since we've run into her, why not lend her a hand? What if she goes even further in the future? Wouldn't that mean we've gained a good friend?" Wei Hong emphasized the word "friend" a little more.
Sovokov immediately understood Wei Hong's meaning. This young lady of the Zhao family was now making an investment. Even if Xu Banxia didn't have that much steel, let alone 50,000 tons, she was still worth investing in. After all, 10 million was an unattainable dream for ordinary people, but was 10 million a lot for the Zhao family?