Chapter 179 A Fruitful Journey and the "Mother-in-Law" Is Coming
In the evening, Li Xiaofan received a call from Jenny from Singapore Minghua Holdings, telling Li Xiaofan good news: the batch of sunglasses sent to Mr. Abboud in Dubai had arrived at Dubai Port the day before yesterday. After acceptance by Abboud's AFG Trading Company, the goods were not there. Question, the US$250,000 payment issued by the letter of credit to Singapore Yifan Pte Ltd has been received.
The previous balance of Yifan Company's US dollar account was US$10,000. Now after adding US$250,000, the latest balance is US$10,000.
The last payment Li Xiaofan made with Wenzhou Oriental Dawn Eyewear Company for these Dubai sunglasses was US$150,000. He paid 40% in advance, which is US$60,000, and has a balance of US$90,000 left.
Therefore, Li Xiaofan asked Jenny to help wire transfer the remaining payment of US$90,000 to Wenzhou Oriental Dawn Eyewear Company.
As a result, Yifan's US dollar account balance eventually became 10,000 US dollars.
In addition, the balance of Singapore currency held by Li Xiaofan personally and by the company is 565,000 yuan, which is approximately more than 380,000 US dollars.
Li Xiaofan asked Jenny to withdraw 148,000 Singapore dollars from the company's new currency account and exchange it for US$100,000. Adding the US$300,000 in her US dollar account, a total of US$400,000 was wired to the capital account of Yahoo in the United States.
After remitting US$400,000 in this way, Yifan Company's US dollar account only had US$1,750 left.
The balance of Singapore currency assets held by Li Xiaofan is 56.5-14.8 = 417,000 Singapore dollars.
The last time he took a fancy to the HDB flat in Tampines, it was because Li Xiaofan wanted to come to Silicon Valley first to find Yang Zhiyuan to invest in the Yahoo project, and he hadn't discussed it with Tang Jiaming yet.
Now I have successfully signed a contract to invest 10% of the shares in the Yahoo project. If nothing else happens, even if I did not take any action in the two subsequent SoftBank capital increases, the first SoftBank investment increased US$2 million and was diluted to 9.5%. SoftBank's US$100 million investment before the subsequent listing was probably diluted to 6.3% after the capital increase. By April next year, Yahoo may be diluted to about 5% after its listing.
But once Yahoo goes public in April next year, Yahoo's market value will immediately exceed one billion US dollars, which means that its 5% Yahoo shares are worth more than 50 million US dollars.
Therefore, whether or not to invest in a HDB flat in Singapore is no longer that important to Li Xiaofan!
Early the next morning, Li Xiaofan and Tang Xinyi flew from San Francisco to Dallas-Fort Worth International Airport.
Dallas-Fort Worth International Airport is a civil airport jointly owned by Dallas and Fort Worth in Texas, USA. It is about 24 kilometers away from Dallas and 29 kilometers away from Fort Worth. It is the largest and busiest airport in Texas.
After renting an off-road vehicle from the Dallas-Fort Worth International Airport, the two of them drove to Koppell below Dallas in less than half an hour.
Coppell is a beautiful small city located northwest of Dallas. It had a population of only more than 30,000 at the time, but it was listed as one of the fifty most livable places in the United States because of its convenient transportation and beautiful environment.
Koper was founded in the 1840s when there were many immigrants from Germany and France. Coppell is one of the best places to live in Texas, with most residents owning their own single-family homes.
After entering Koper, Li Xiaofan and Tang Xinyi found that this small town is very beautiful. There are many restaurants, cafes and parks along the road, and there is an old town with a deep sense of history.
Koper feels like a very comfortable and safe city.
Arco Department Store, headquartered in Koper, is very famous locally. Li Xiaofan stopped the car and asked a passerby and found the office building where Arco Department Store is located.
Mike, the director of the purchasing department who talked to Li Xiaofan on the phone, was a bearded uncle of French descent. He was very enthusiastic and made Li Xiaofan and Tang Xinyi feel very comfortable.
Mike received Li Xiaofan and his party in the office.
Mike is very serious about his work. After carefully reading the information provided by Li Xiaofan, he said to Li Xiaofan: "Mr. Li, the product catalogs and quotations you provided are very attractive. But for our purchasing department, I need We need to go through rigorous testing to determine whether the quality of these products meets our requirements! And if we determine that you are our qualified supplier, we may also send people to your company and factory to conduct audits and inspections. Inspection..."
"I understand, there is no problem with any of this! Mr. Mike, you or your colleagues are welcome to visit our Singapore company and factories in mainland China. In addition, this time I brought back a seven-piece sample set of plastic lunch boxes for microwave ovens. I can give you a reference..."
When Mike took the seven-piece plastic lunch box sample set from Li Xiaofan's bag, his eyes lit up: "Similar plastic lunch boxes for microwave ovens are currently very popular in our store. You can leave this set of samples to us." I will ask the quality assurance department to do a test. If there is no problem with the quality, we can continue to discuss further cooperation matters! "
"Thank you, Mike. If you need more samples, I can have the domestic factory express them to you right away!"
"If so, that's great! Mr. Li, we are very interested in the product catalogs you provide. In this way, I will first check some of the product catalogs you provided, and then I will give you the product specifications and parameters we require. You. Then you can send these samples to us for testing as soon as possible. If there are no problems in the testing, can we proceed to the next stage of cooperation negotiations? "
"No problem at all, thank you, Mr. Mike!"
After finishing the business communication with Mike, Li Xiaofan also talked with him about a common topic: the Internet.
Mike is also a senior Internet user. When he heard that Li Xiaofan's company had invested in Yahoo, he couldn't help but respect Li Xiaofan in front of him: "Mr. Li, since Netscape Browser pointed the online button search to Yahoo, I use Yahoo's search service almost every day, and it feels great!"
Before Li Xiaofan and Tang Xinyi said goodbye, the enthusiastic Mike also introduced them to many places of interest in Koper and its surrounding areas.
"Mr. Li, if you are a nature lover, Koper Nature Park is a great holiday resort with well-marked walking and cycling trails. There is a small river in the park, which is an ideal place for bird watching..."
"There is also a golf club called Riverchase in the suburbs of Koper that provides a very wide green course for avid golfers. If you like adventure, you can go to Trinity River Kayaking and the City Sky Trampoline Park. There are many great spas in the city of Koper. There is a shopping mall called Grapevine in the city. There are also many delicious foods and restaurants in the city..."
Li Xiaofan smiled and said, "Thank you very much for Mr. Mike's introduction. If you have time next time, you are welcome to visit Singapore and mainland China. I believe it will leave you a good and deep impression!"
"Well, that's great. To be honest, I have never been to Singapore and mainland China. I hope that after our cooperation in the future, I will have the opportunity to visit you in Singapore and mainland China!"
...
The next day, Li Xiaofan and Tang Xinyi ended their pleasant and fruitful trip to the United States. The two took a flight from Dallas-Fort Worth International Airport and flew back to Singapore Changi International Airport after a transfer.
It was past six in the evening when the flight arrived at Changi International Airport.
After the two of them picked up their checked luggage, Tang Xinyi received an international long-distance call on her mobile phone in the parking lot.
The call was from her mother, Fujiwara Kyoko, in Tokyo: "Xinyi, are you back in Singapore?"
"Mommy, I just arrived at Singapore Changi Airport!"
"Oh, you've had a hard journey! Xinyi, Mommy called you to tell you something. Mommy decided..."
After hanging up the phone, Tang Xinyi told Li Xiaofan a new news:
"Fan, my mommy is going to come back to Singapore from Tokyo tomorrow. Now, I may not have so much time to accompany you in the future..."