The exchange rate was like a knife. If used well, it could effortlessly cut off a large piece of meat from the players participating in this market. The merchants of Federation attempted to completely shrink the mutated fruit planting area east of the Gang River by dumping low-priced nutrient supply and once again dominate the production of nutrient supply.
This scene was quite similar to the "Sino-American Soybean War" that happened in 2004 in the modern world.
However, the Gear Chamber of Commerce did not expect that NAC would use the exchange rate as a lever to directly devalue the crystals in their hands.
NAC held the shares of all mutant ranches in NAC, and the crystals produced by these mutant ranches accounted for 20% of NAC's energy consumption! This was already a very high number.
The devaluation of crystals was like a double-edged sword that hurt others and also hurt themselves.
The only difference was that NAC could afford this loss and wait for the value of crystals to return, but the Gear Chamber of Commerce could not wait. Unless they stopped doing business and kept the crystals in the warehouse for a year and a half.
Unless NAC opened up a special channel for them to exchange crystals and credits … but this was obviously impossible.
Zhao Corporation recovered about 500,000 boxes of nutrient supply from the market and transported them back to the Sixth Street by NAC's cargo airship. Now the permanent population of the Sixth Street had exceeded 100,000, and the mobile population was more than 70,000. There were hundreds of merchant fleets coming and going.
The daily consumption of nutrient supply was three times that of Hongcheng, and the excess nutrient supply would soon be transported out of the Sixth Street by other merchant fleets. The trade route from Wanghai to Su and Hang had become a safe zone controlled by NAC, so the transportation cost was very low.
After solving the indigestion problem in the Qingshan market, this was not the end.
The Gear Chamber of Commerce was already in a desperate situation, and anyone could see that they were about to face a crushing defeat.
Jiang Chen immediately sent NAC merchants to register a shell company in Federation and then contacted shareholders other than Liu Hong to acquire their shares.
Not with depreciated crystals, but with credits.
Those small shareholders wanted to offer their shares with both hands. Although the more rational major shareholders remained vigilant against this hostile acquisition proposal, when NAC increased the premium to 10% or even 20%, they began to lose their patience.
Was it to hold onto a warehouse full of crystals and be trapped together with Mr. Liu? Or should they take the money in the hands of NAC and make a comeback elsewhere?
The smart ones had already made their choice.
However, a smarter person made a choice beyond Jiang Chen's expectations.
The most luxurious hotel in Qingshan Town.
The guards outside the door were on guard, and inside the door …
"… Gulp, gulp, gulp … Hu …" After drinking the water, the beauty gasped and gently tucked her hair behind her ear. "Does it feel good?"
"Of course."
Sitting by the window, Jiang Chen gently patted the pretty face that looked up at him with a mischievous smile on his face.
The beauty charmingly smiled, pink lips faintly appearing and disappearing. She slowly stood up, took a piece of clothing from the side, and draped it over her graceful figure.
"How surprising. I thought you would live in a luxurious palace."
Jiang Chen smiled as he watched her smooth hands pull up the zipper.
"I won't be staying here for long. There's no point in cleaning up the palace."
Wu Qian, the third shareholder of the Gear Chamber of Commerce. When the businessman sent by Jiang Chen found her, she made a special request to the businessman – "I can sell the shares, but I want to see your leader."
After receiving Jiang Chen's permission, NAC escorted her to Qingshan Town. However, as soon as they met, Wu Qian put forward her own proposition, hoping to become the spokesperson of NAC's interests in Federation, and attached an alluring additional condition – voluntarily becoming his mistress.
Wu Qian was keenly aware that NAC's acquisition of the Gear Chamber of Commerce was not for the purpose of destroying the largest chamber of commerce in Federation, but for the greater purpose of bringing the entire Federation under its control. In this way, the value of controlling the Gear Chamber of Commerce would be far higher than destroying it.
For businesses far away from Wanghai, it was inconvenient for NAC to manage them personally, so they would inevitably choose a spokesperson like they did in Empire.
Therefore, Wu Qian took the initiative to come to Jiang Chen.
Jiang Chen was somewhat surprised by Wu Qian's proposal. He did intend to keep the Gear Chamber of Commerce, and he also had the idea of selecting a spokesperson to help him manage Federation's businesses, but he had not yet considered the candidate. The president would be Ji Yucheng, and the person in charge of the Chamber of Commerce … must be smart and easy to control.
And Wu Qian happened to be a good candidate.
Although Jiang Chen felt that her additional conditions were unnecessary, he accepted her "service" unscrupulously based on the principle of not eating the meat in his mouth.
That was how the erotic scene from before came to be …
Wu Qian had already put on her clothes and restored her dignified and dignified appearance of a strong woman, as if nothing had happened just now. She said with a smile.
"Then, I'll leave the matter to you."
When she left the room, she politely closed the door.
…
In only three days, NAC completed the acquisition of the largest chamber of commerce in Federation, Gear, at a total cost of 500,000 credits and 52% of the shares. At the same time, NAC applied the Federation's securities trading law and applied for a compulsory acquisition of Liu Hong, who became the second shareholder, at a premium of twice the price.
At this time, based on the valuation of the Gear Chamber of Commerce, 37% of the shares in Liu Hong's hands were only worth 200,000 credits. Double the premium was 200,000 credits. When Jiang Chen paid the money to the Federation's stock exchange, Liu Hong was kicked out of his own chamber of commerce.
At this time, it was too late to change the law.
The Gear Chamber of Commerce, valued at 10 million crystals, became Jiang Chen's property overnight.
As a result, the only plantation in Federation was also under the control of NAC.
However, Federation's nightmare had only just begun.
NAC, which monopolized the production of nutrient supply in Hongcheng, immediately announced a price increase and raised the price of nutrient supply to 2 crystals. The reason was the depreciation of crystals.
The price of just needed commodities skyrocketed by four times, and the price of other commodities in Federation also rose. Although the crystals in Federation's pockets did not change, everyone's wealth shrunk by one fold. With the power of credits, the crystals circulating in Federation were mercilessly suppressed.
And because the survivors in Hongcheng had already exchanged their currency for credits, the price increase did not have much impact on them. The only ones affected were the hunters in Qingshan Town, but this loss was completely negligible for NAC.
The first stab of NAC stabbed into Federation's chest.
The people were dissatisfied and naturally vented their anger on the president.
Waves of protests came one after another, and United City was in turmoil.
At the same time, Ji Yucheng, who served as NAC's ambassador, announced his resignation and returned to the Federation Parliament. He stood in front of the public and revealed everything from the president's plot to his rescue by NAC to the public.
No matter what era it was, political assassinations would be an absolute scandal.
When the recording of the president's chief of staff buying his head from NAC was exposed, public opinion was predictably on his side.
While the iron was hot, Ji Yucheng immediately read his campaign statement.
"Conspiracy, depression, bankruptcy … Look at what our president has done? We can't continue like this! Before he destroys our home beyond redemption, we must pull this villain blinded by power down from the president's position! I will run for the next president. Brothers and sisters, I need your support! "
The audience burst into cheers. People whistled and welcomed him as if he was their savior.
On the other hand, the Gear Chamber of Commerce that fell from the throne of the number one enterprise in Federation completed its restructuring. With the support of NAC, the aging beast was rejuvenated.
The original third shareholder, Wu Qian, was elected as the new president of the Chamber of Commerce.
The dignified and elegant female president, with her excellent management ability and negotiation "means", won the nutrient supply order with the NAC military government, and signed crystal supply contracts with seven factories on the Sixth Street. She successfully turned the company's losses into profits.
With NAC's money offensive, the media gave her extremely high praise and packaged her as the most successful businessman in Federation's history. However, what the Federation public didn't know was how the goddess they yearned for was "unrestrained" on Jiang Chen when there was no one around. She allowed him to do whatever he wanted …
What happened next could already be predicted.
Scandal, economic weakness, and Federation's dissatisfaction with the president had reached its peak.
Wu Qian used her influence to speak through the media and attacked the Federation president, accusing him of incompetence in solving the employment rate and maintaining market order. On behalf of the Gear Chamber of Commerce, she impeached the president and passed a resolution to advance the election.
Without Liu Hong's support, Jia Ming could only watch everything unfold before his eyes.
Without the support of capital, he couldn't resist at all.
The parliament controlled the army, and the parliament was controlled by the businessmen. Under NAC's sugar-coated bullets, the parliament members changed sides one by one. NAC promised to implement a high degree of autonomy in Zhonghe City, just like it controlled Qingshan Town. Since their own interests wouldn't be harmed, those businessmen naturally didn't need to confront NAC head-on.
Otherwise, the Gear Chamber of Commerce would serve as a warning.
The early election was carried out as scheduled.
Almost without any suspense, people welcomed their savior to the throne of the president.
The first thing Ji Yucheng did after he took office was to disarm and launch defense cooperation with NAC. At the same time, the price of nutrient supply controlled by NAC dropped and demonstrated the "ability" of the new president to the people of Federation.
Just like that, without firing a single shot, the flag of NAC was planted in the Presidential Palace.
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