Chapter 23: The New Shareholder of Remington Corporation

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  Xu Shaowen sneered, he had inadvertently become a major shareholder of the Remington company, this famous gun manufacturing company, which had released no small glory in both World War I and World War II. Give up the shares? Wouldn't that be like cutting down a money tree that's already in hand? Most importantly, the advanced weapon production technology controlled by Remington would also fall into his hands.

  "No, no, no, I won't let go of my shares, Mr. Brown, you've done a great job, I've decided to give you an additional $10,000 as a reward." Xu Shaowen Xingfeng said with a somewhat sinister glint in his eyes.

  Brown was shocked, he had lost his client millions of dollars but still managed to earn an additional $10,000 in commission. What a wonderful thing! He asked with some confusion: "Mr. Xu, you're not mad at me?"

  "No, you've been doing things entirely according to my instructions. If the stocks lose value and we blame the agent, then the agent would be useless." Xu Shaowen chuckled and patted Brown's shoulder, saying "Also, I have two more things that I hope you can continue to help me with."

  Brown had already made a profit of $10,000 and was over the moon. Following Xu Shaowen, a nouveau riche, even being a shoeshiner would make one rich beyond their wildest dreams. He immediately nodded enthusiastically, like a chick pecking at grain, and said repeatedly: "Mr. Xu, whatever I can help with... no, as long as you speak, I'll definitely get it done."

  "The first thing is to help me cash out all the stocks of Yun Tong Company, 300 million US dollars to your Citibank headquarters, and the remaining tens of millions of small change, no matter what method you use, just consider it as buying gold and silver, and transport them to Shanghai for me." Xu Shaowen said seriously to Brown.

  "Ah? The stocks of Yuntong Company are still rising now, if they sell at this time, it's likely to cause a stock market shock, $300 million is not a small number." Brown was slightly surprised. Now the American stocks held by this Chinese person can almost control the fate of the US stock market. If he sells all the shares of Yuntong Company and American Railways at once, the US stock market may fall into turmoil again.

  "I'm not going to sell my shares in the American railroad just yet, I've invested 45 million and now I have control of about 10% of the shares. I'll just sit back and wait for the dividends. Xu Shaowen smiled slightly, he could see the concern in Brown's heart, after all, he was an American with patriotic feelings, so he didn't decide to sell all his stocks. "As for Union Pacific, I'll take out all my shares and put 30 million aside. If you can bring me the remaining few hundred million within a month, I'll give you a bonus of 20,000 dollars. If it takes two months, it's 10,000 dollars, and if it takes three months, it's 5,000 dollars. You decide what to do."

  Although it is true that many financial regulations in various countries are not perfect, transporting hundreds of millions of dollars in cash from the US to China is indeed a significant undertaking. If Brown was not given some incentives and pressure, it's likely he would not have taken such great risks.

  "Alright, no problem, I'll definitely... definitely get it done as soon as possible." Brown wiped the sweat from his forehead again. This $500,000 deal was really not easy to handle. However, in the past few years of smuggling ancient military artifacts at Citibank, he had developed some connections of his own and should be able to bring several million dollars from the US to China within a month or two.

  Xu Shaowen nodded in satisfaction, now he was completely treating the branch manager of Citibank as a servant. He continued: "The second thing, since I am now the new major shareholder of Remington Company, I want to hold a shareholders' meeting as soon as possible, and the location will be in Shanghai. Would you please notify the other three shareholders and ask them to arrange their time to come to Shanghai?"

  Brown let out a sigh of relief and finally smiled, saying: "This is a small matter. In fact, the three shareholders of Remington Company are already on their way to Shanghai. They also want to meet with you as soon as possible to discuss the company's future development."

  "That's good, what I was most worried about was that they would have me go to the United States for negotiations. You know, I'm not too fond of taking planes or boats." Xu Shaowen let out a relieved smile.

  "Actually, I also have some things to discuss with Mr. Xu, is it convenient now?" Brown asked politely.

  Xu Shaowen looked at Brown with interest, then smiled and said: "Mr. Brown, you've helped me so much, what's on your mind, just say it."

  "Actually, this time I hope to represent Citibank Shanghai Branch and ask Mr. Xu for a favor," Brown said with a smile, "Since Mr. Xu withdrew $49 million from Citibank last time, almost all of our liquid funds in China have been greatly affected, and the US headquarters has not been able to transfer funds to China for some time. I think Mr. Xu has made a lot of money from stocks recently, so I hope he can deposit some cash into our Shanghai Citibank, which can help us manage the cash well and also help with our fund circulation. What do you think?"

  Xu Shaowen couldn't help but smile even more, he knew that his previous proposal of 49 million in cash had shaken the liquidity of Citibank's China region, but theoretically it shouldn't have forced the regional manager to personally come over and solicit business and deposits. He guessed that after Huang Jinrong, Yu Qiaqing, Zhang Jingjiang and others went to withdraw money, it caused a shortage of funds in Citibank's China region.

  During this period, the Bank of China almost monopolized all credit business in Shanghai and Jiangsu-Zhejiang areas, which also had a significant impact on Citibank. Therefore, Brown now has to come over personally to discuss deposit matters with himself.

  "Oh? What a coincidence, perhaps Mr. Brown hasn't heard yet, the Chinese National Bank is actually where I'm also a major shareholder, I don't need to put my money in my own bank?" Xu Shaowen deliberately put on an apologetic face and politely declined Brown's request.

  "Ah?" Brown obviously did not expect this, as it turned out that Citibank's biggest competitor during this period was also controlled by Xu Shaowen behind the scenes. He couldn't help but wonder what abilities this young Chinese man had, with assets of over a billion dollars, and still able to predict the future and make a big profit in the US stock market. "Th...th..."

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  Tonight, I'll update an extra chapter, probably around 11 to 12 o'clock. Hope you all can continue to support me. Next week there's no ranking to rush for, let's see if we can rush the weekly click and recommendation rankings instead! Tonight at midnight, I'm still looking forward to your votes! Thank you, thank you very much!