My 1979 - Chapter 1622

c1620 Relieve the crisis

She smiled heartily and said, “First impression is very important. From the first time we met, I thought you were very nice, gentle, and motivated. And the most important thing is that you are kind. If you were a crocodile, tears would flow from your eyes.” No matter how much you do, I will never be friends with you.”

Fu Yao was stunned and said, “How can you see that I am kind?”

“What high school did you go to in Fraser?”

“Yes.” This is not a secret. His mother must have told her.

“Then you have no impression of me at all?” She leaned forward, her face getting closer to him.

“No.” Fu Yao shook his head, a faint fragrance penetrated his nose unconsciously, and he was flustered.

Qiu Huimin smiled and said, “Actually, we should have known each other more than ten years ago. I also graduated from Fleischer. You don’t remember, but I remember clearly. Once, the school organized Boy Scouts in a national park. I was bullied by a little fat man, and you helped me.”

“Is there any?” Fu Yao was not impressed at all.

“Now, would I lie?” As she said, she took out a photo from her bag, pointed at it and said, “Look which one is you and which one is me?”

Fu Yao took it directly in his hand for easy viewing. The photo was a group photo. The boys wore blue-collar white shirts, white socks, and white shoes. Girls all wore white tops, white skirts, and white shoes.

He quickly found himself, his tanned face shining in the sun.

After a long while, he smiled and said, “I think I have this photo too.”

He didn’t have the habit of saving photos. My mother had carefully kept the photos for him since he was a child. He didn’t know how many photos he had.

“Then did you remember anything?” she asked hopefully, pointing to a girl with short hair and said, “This is me.”

“Sorry, it’s been too long. I can’t even remember the names of my classmates.” Except for a few people who played well, he had forgotten the last names of his classmates.

“Okay,” she spread her hands, put the photo back into her bag, and said with a smile, “Fortunately, we know each other again now. I support you to serve in the military, and you are not the only one. I don’t think it has any impact on life. What impact.”

Fu Yao was a little annoyed at his thin skin at this moment. He didn’t know how to refuse and was too embarrassed to refuse.

His marriage, a lifetime of happiness, was decided in such an inexplicable way.

That night, my mother actually brought her to Qiu’s house to arrange the details of the wedding. She asked him for his opinion, but he just responded in kind and didn’t say anything against it.

The next day, the two went to Malaysia to take wedding photos. She held her arms throughout the whole process and made various intimate gestures. Faintly, he felt another kind of joy.

Qiu Huimin’s cousin Zhu Dongli is a Malaysian funeral tycoon who monopolizes independent cemeteries and urns in Malaysia. He invited the two to a family dinner.

Qiu Huimin said to Yao, “If you think it’s unlucky, we don’t have to go. Our family isn’t too close to them.”

Fu Yao smiled and said, “It’s not that particular. People have good intentions.”

He was very happy that the other party could seek his advice on many small things.

Thank God, he doesn’t have the same temperament as his mother.

Hold out your chest, he is also a man!

While the two were preparing for their wedding, Singapore’s shipping landscape also changed.

The shipping industry has always been a capital-intensive market, with not only huge investment amounts, but also a relatively long payback period. Once there is a cyclical or even global economic recession, the risk coefficient will increase exponentially.

The Qiu family started out with palm oil, and then officially entered the shipping industry by registering a company in Panama in the 1960s. They did not own ships themselves and rented ships from other shipowners or charterers after locking in the supply of goods.

At the beginning, the company developed well. After the new century, it became the top three shipping giants in Southeast Asia. Qiu Huimin’s father, Qiu Lihai, once ranked 11th on the Singapore rich list.

In order to rapidly expand and seize the market, blindly optimistically expand the fleet, this radical business strategy eventually caused it to be severely hit.

After the financial crisis, almost all shipping giants are in trouble and have excess shipping capacity. They not only face the fact of falling freight rates, but also high charter agreements.

The amount of long-term borrowings has increased rapidly, and the huge external borrowing debt has led to a continued decline in the balance of monetary funds after repaying the borrowings.

In the past six months, the credit rating of Qiu Lihai’s Daqo Shipping Group has been declining, from the initial A grade to the current D grade. The proportion of bank borrowings in total liabilities has soared to 92%, with liabilities exceeding US$900 million.

Qiu Lihai has to deal with a series of lawsuits around the world every day and is troubled by the containers being detained in various places.

The US$100 million in financing provided by the family before was only a drop in the bucket!

It’s just a temporary breather!

However, what he didn’t expect was that one hour after his daughter and Fu Yao received their marriage certificate, Daqo Shipping bucked the trend and surged, rising 37.23% on the day of closing!

Then there was overwhelming good news. Creditors agreed to its self-rescue plan and dropped their lawsuits one after another. Hamburg Fuel Company was the only one that did not withdraw its lawsuit. It continued to seize four of the company’s ships to recover the US$35 million in funds used to purchase fuel.

When he was preparing to repay the US$2 billion loan provided by Citibank and Singapore Commercial Bank, he received news that Hamburg Fuel Company was being acquired.

It all happened so suddenly that he was a little overwhelmed.

“Mr. Guo, thank you, thank you so much!” Sitting opposite him was Guo Yinian, the vice president of Commercial Bank of Singapore. He had just signed a loan contract of US$1.8 billion, and his hands were still trembling.

He is also a person who is used to big storms, but he still can’t believe it at this moment. There has always been only icing on the cake, not help in times of need!

He knew the strength of the Fu family very well, but the gift was too big!

There was no news before!

Guo Yinian said with a smile, “Although global shipping is currently in a slump, I believe that as China’s economy develops stably, the shipping industry will see a basic upswing this time, not just a short-term rise in the market. Moreover, Mr. Qiu, we are also very Trust your credibility.”

“Mr. Guo, I am the host, please be sure to honor me.” Qiu Lihai couldn’t be more excited.

Guo Yinian smiled and said, “You’re welcome, Mr. Qiu, there will be plenty of opportunities in the future. I heard that your daughter is getting married. Just don’t forget me when you send out invitations.”

It was said that the group president Huang Bingxin would attend this wedding. He had to find an opportunity to get close. He secretly speculated that if the Fu family did not invite him and the Qiu family gave him an invitation, he could still go.

“Definitely, definitely.” Qiu Lihai was overjoyed.

The crisis in the Qiu family was resolved. Qiu Lihai got drunk alone at home.

Qiu Huimin felt a sore nose when she saw her father’s excitement.

ps: Recommend a book “Reset 1992”