Chapter 442: Counter-Harvest

After Chen Songqing was released from prison, he still held shares and positions in several listed companies.

The most legendary thing is that he was arrested in 83, charged in 94, found guilty in 96, sentenced to three years in prison, and was released in 3.

Although he was in jail, his family was still wealthy. In 92, his daughter spent 4000 million Hong Kong dollars to rebuild the large estate at No. 281 Clear Water Bay, Sai Kung, New Territories.

Isn't it funny to say that the source of his funds is unknown?
In those days, what kind of money could not be traced through bank statements? It was just difficult to continue to trace.

Chen Songqing kept a low profile after his release from prison, but was discovered by the media again in 01 when the granddaughter of a leader named Ye sent a flower basket to the "Tibet Treasures Exhibition" in Hong Kong.
Although Wang Deming knew, he would not do anything.
His attention was now entirely focused on the general strike in Britain.

Why is Mrs. Thatcher called the Iron Lady?
Just one word: sell!

What many people don’t know is that after World War II, European countries relied mainly on state-owned enterprises to rebuild their economies.

In France, Britain, Italy, and both East and West Germany, large enterprises are state-owned enterprises.

When two oil crises occurred in succession in the 70s, the economies of Western countries stagnated and they subsequently moved their labor-intensive industries abroad, such as to Hong Kong.

This was the key to the rise of the Four Asian Tigers in the 70s. It also initially eased the economic crisis in the West and began the gradual dismantling of state-owned enterprises.

However, after another oil crisis in the 80s, the economies of Western countries suffered another economic crisis. Western state-owned enterprises suffered losses year after year and welfare declined year by year.

After Mrs. Thatcher came to power, she began to sell off Britain's state-owned enterprises in a drastic manner, leaving none behind.

Britain still has its own set of traditional industries, such as steel, automobiles, aircraft, etc.

Of course, Wang Deming had no right to interfere with the planes, but he was eyeing British cars.

In the past, Shanghai Automobile had two models, one called Roewe and the other called MG. In fact, both were British. Of course, the most famous one is definitely the "Land Rover" that is exclusively for the rich.

As early as 1955, the British automobile industry had an annual output of more than 120 million vehicles, making it the first country in Europe to produce over one million vehicles.

Although the British automobile industry has been on the decline since the 70s, it is certainly stronger than the domestic one.

A few months later, after Wang Deming had sorted out the internal affairs of Standard Chartered Bank and Hang Seng Bank and rearranged the internal management, he flew to the UK with Mr. Bao.

Mr. Bao went to the UK to attend the wedding of Prince Charles and Diana.

After all, Mr. Bao is a British knight appointed by the Queen of England and a nobleman, so he must have received an invitation.

Wang Deming met with the board of directors of Leyland Motor Company.

Apart from Rolls-Royce and Bentley, there is only one automobile group in the UK now, called Leyland Motor Group - it was formed in 68 by the merger of Rover Motors and Triumph Motors. Jaguar and Land Rover are both subsidiaries of this company.

At Leyland's headquarters in London, Wang Deming shook hands with several board members with a smile, "Mr. Edward, Mr. John Gen."

Edward is a typical British old man, wearing a wrinkle-free suit, a black bow tie, and shiny hair wax that makes each strand of his hair stand out.

John was a sturdy middle-aged man in his 40s, slightly bald, but fortunately his suit fit him well.

Edward said slowly in a standard London accent: "Welcome, my friend."

After they sat opposite each other at a long, wide table, Wang Deming got straight to the point, "Mr. Edward, my friend in the UK, Mr. Sandman, the chairman of the Royal Bank of England, told me that your company wants to sell its automobile company?"

"I'm interested."

Next to Wang Deming, on his left, was Barclay, the general manager of the Royal Bank of England. He immediately introduced him as follows: "Reverend Sir Edward." "Mr. Wang is our most distinguished friend of the Royal Bank of England."

"He has full credit with our Royal Bank of England."

You don't need to say many good words, just one is enough.

Edward's eyes lit up, he turned his head to look at John Yigen, and smiled, "We especially welcome friends from Hong Kong to invest and cooperate in our UK."

"Yigen, please introduce the subsidiary we are going to sell to Mr. Wang."

He then explained: "I am old and no longer have enough energy to pull Leyland Motor Company out of its continuous losses."

"One, that's the next one I choose. No. 10 Downing Street will not disagree with my suggestion."

Wang Deming then turned his gaze to Yigen and smiled, "I believe that under Yigen's leadership, Leyland Motors will definitely get better and better."

Although Edward is still the chairman, it is clear that the company's management and decision-making have been handed over to Yigen.

A man who was flipping through a folder couldn't help but smile bitterly when he heard Wang Deming's compliment. "Mr. Wang, I hope so. I am also very nervous. This responsibility and pressure are too great."

"Alas," he sighed, flipping through the folder and then pushing it in front of Wang Deming, "We are going to sell the Rover, Land Rover, Mini, Jaguar, and all these family cars."

“Sell them all!”

Wang Deming nodded and began to look through the information in the folder.

The information is very detailed, including which factories, annual output, how many production lines there are, and how many workers there are.
When Wang Deming was reading this document, his eyes suddenly lit up, as it actually contained part of the truck's contents.

He looked up and asked, "Mr. Gen, are you planning to sell the truck as well?"

"Yes!" This time it was Edward who responded, "As long as the price is right."

Wang Deming's mouth curled up, "I'm not good at anything else, the only thing I'm good at is money."

The other party did not get the joke and felt bitter instead.

Wang Deming closed the folder and said, "Also, I want to move all these production lines to Hong Kong. The labor there is cheaper, and the union is not as powerful."

"Especially part of the research institute will also be moved there, as well as technical data."

"If this problem can be resolved, I will fully entrust the Royal Bank of England to complete the entire acquisition process."

Edward and Gen looked at Buckley, the representative of the Royal Bank of England, at the same time.

Buckley smiled reservedly, "Dear Sir Edward, I have always been serving Mr. Wang."

"He is an exceptionally good and generous boss, especially in private."

Edward raised an eyebrow when he heard this, "That's great!"

"Please rest assured that we will lobby No. 10 Downing Street."

(End of this chapter)