Reborn Action Star: Starting in Hollywood

Chapter 492: The Unanchored Currency Era, First Encounter with the Legendary Yokozuna

Consortium?

What Betty was referring to was naturally not giants like the Morgan Group or the Mitsui Group.

Each of these old-established conglomerates controls dozens of large enterprises and participates in monopolizing a country's economic lifeline.

But large conglomerates ultimately developed from small conglomerates.

At this time, the industry owned by Lin Yuan had already taken shape as a small consortium, mainly consisting of the following parts:

The first one is of course Lin Yuan Pictures. As a large film and television company named after Lin Yuan, its stock price soared after its listing this year, and its market value currently exceeds 1800 billion US dollars.

As a rising star, Linyuan Pictures' market value has completely crushed the traditional eight major Hollywood film companies.

The market value of Linyuan Pictures alone is equal to the total market value of MGM, Columbia Pictures, and Paramount Pictures.

Ranked second among Linyuan Industries is a domestic film and television investment platform, which has two major projects, Fanyu Film and Television City and Commercial CBD, both of which are managed by professional managers, and Liu Yufei performs supervision and approval duties.

In third place is Long Island Investment Bank, a small financial institution.

Finally, there is the Sony Group, in which Lin Yuan holds shares and can only be considered to have indirect control, as well as the joint venture LCD screen company.

Overall, the areas involved are: film and television industry, commercial real estate, finance, and home appliance manufacturing.

Among them, the first three are directly held by Lin Yuan, and they are industries that he can openly control absolutely.

As for the fourth area, home appliance manufacturing, he only has relative control and needs to rely on allies like Lee Boo-jin to exert influence.

From the perspective of influence, home appliance manufacturing and the domestic semiconductor business that will be expanded are far more important than the first three items. They are industries that are truly related to the country's economic lifeline.

But precisely because of its importance, it is quite sensitive. Lin Yuan uses covert methods such as indirectly controlling Sony and forming an alliance with Samsung to exert influence behind the scenes.

Now the framework of Linyuan's industry has been initially established. As long as these industries can be completely established and some internal unstable factors are eliminated, he will have a micro-consortium.

The realization of all these goals requires a huge amount of money.

Betty said, "Do you remember the gambling agreement with your domestic film and television platform?" (See Chapter 160 for details)
"Of course I remember." Lin Yuan replied.

"Since you are so optimistic about the film and television platform, and even think it is more valuable than Linyuan Pictures, then it is time to fulfill the gambling agreement and repurchase the equity." Betty said.

Lin Yuan nodded, it was indeed time to consider this matter.

As for the domestic film and television platforms, Lin Yuan had experienced the domestic economic boom in his previous life. How much can Fanyu Film and Television City and the core CBD areas of so many first-tier cities be worth?
林源可是在2002年至2004年间，总共砸进去130亿美元的天量资金（最初100亿美元，后期又在波士顿财团的支持下追加30亿美元，387章）。

The fundamental problem is that if you enter the commercial real estate market now and make 20 times the profit in more than ten years, wouldn’t a certain Hong Kong tycoon have earned a higher rate of return?

What's more, what Lin Yuan got was the land in the most central area guided by his memories of his previous life, so even a 30-fold profit was not a problem.

It is not a fantasy at all that this $130 billion investment will expand into a super giant of $4000 billion in the next decade or so.

With such a huge profit, Lin Yuan naturally wanted to keep it in his own hands.

Therefore, it is time to fulfill the repurchase bet agreement, and it must be completed before domestic land prices soar, otherwise it will be too difficult later.

When Lin Yuan leveraged the first $100 billion of funds to invest in domestic commercial real estate, he borrowed the power of Mr. Eisen's film and television investment fund.

At that time, Mr. Eisen invested only $4 million, and the remaining $96 billion came from the fund.

In order to obtain the consent of major creditors and allow the project to be passed by the investment committee, Lin Yuan even went to Seoul to meet Lee Boo-jin.

That was his first meeting with Lee Boo-jin, and he was able to achieve this goal only with the eldest princess's desperate bet.

The $96 billion investment came in the form of disguised equity and debt.

In other words, if the project makes money, investors will enjoy equity returns.

If the project makes a loss, the investor will not be able to make a profit, but the money will become a debt. Lin Yuan must buy it back personally and pay interest.

The disguised equity-debt method is very deceptive, but it guarantees that investors will make a profit without loss.

But for Lin Yuan, there is also an advantage, that is, the existence of the bet agreement allows him to buy back the equity in the hands of investors at a standard price.

This price is equivalent to a compound annual return of 20%!

Once calculated based on the compound rate of return, 20% is quite a lot.

For an investment of US$96 billion, if Lin Yuan wants to execute the bet agreement, he must pay US$138.24 billion.

This means that shareholders invested US$2 billion and made a huge profit of US$96 billion in two years!
If you don't know how much money this project will make in the future, just looking at the current rate of return will definitely satisfy the shareholders.

But for Lin Yuan, this is an asset worth 4000 billion US dollars in the future. Now, as long as he pays 42 billion US dollars in interest, he can gather all the profits of the entire project in his hands. It is really a huge profit!

Therefore, Betty was right, Lin Yuan really needed money.

However, this amount of funds, which is often more than 10 billion US dollars, would be difficult to raise without financing means.

So Lin Yuan asked, "But the equity I hold is no longer suitable for financing. Is there any other method?"

Betty said on the phone: "Equity financing is not the only way to raise funds. Bank loans and issuing corporate bonds are also possible methods to consider."

"But the interest rates on corporate bonds are relatively high, and it's difficult to issue large amounts of bonds, so I suggest using equity pledges to obtain bank loans."

Equity pledge?

Betty on the phone began to explain, "The borrower is Linyuan Pictures, which means the bank is lending money to the company. You can pledge your equity as collateral for the loan. This way, you can secure a significant amount of financing."

After hearing Betty's explanation, Lin Yuan roughly understood Betty's idea.

At this time, the stock price of Linyuan Pictures is at its peak. If the equity is pledged at this time, more funds can certainly be obtained.

When pledging equity, the stock price will of course be discounted. The Securities Law stipulates that it shall not exceed 75%. If the scale is too large, there may be further discounts.

For example, if Lin Yuan puts up $10 billion worth of stocks as collateral, it is impossible for the bank to lend him $10 billion.

Because stock prices fluctuate in real time, if there is a drop in stock prices, the value of the collateral may be insufficient, which will bring huge risks to the bank's loan.

Therefore, the Securities Law stipulates that the upper limit shall not exceed 75%, which means that the maximum loan amount can be US$7.5 million.

This 25% difference is the safety cushion.

If the bank believes that the loan amount is too large and the 25% buffer is not enough, it will further reduce the loan ratio.

Lin Yuan believes that if large-scale loans are carried out, it would be very good to be able to obtain 50% of the amount.

"What amount do you think is appropriate for my loan?" Lin Yuan asked.

"Full load." Betty answered directly.

"Full?" Lin Yuan felt really crazy.

At this time, the stock price of Linyuan Pictures was US$28. By the time the bank's loan process was officially completed, the stock price might have exceeded US$30.

But even if calculated at $28, the total value of the stocks held by Lin Yuan has reached $1568 billion. If a 50% loan is granted, that would be $784 billion.

Lin Yuan immediately had three questions:
First, does the law allow him to pledge all his shares?

Second, as far as he knows, the world's largest equity pledge amount is about $40 billion. This means that a single bank institution will definitely not accept too much equity pledge, and it will have to find multiple banks. Can it handle so many banks to meet this amount?
Third, even if such a large amount of financing could be achieved, is it necessary? Wouldn't such desperate leverage be too crazy?
Lin Yuan immediately reported his three concerns to Betty.

GAKKI and Taylor Swift, who were participating in the conference call, were dumbfounded.

After the conference call started, both women were in a situation where they had no say at all.

In the communication between Lin Yuan and Betty, the amount of information in every sentence is explosive.

As a professional, Betty was not surprised, but Lin Yuan actually knew so much?
Although he could not see things from Betty's perspective, Lin Yuan could immediately understand and digest every question Betty asked and give corresponding feedback.

This is quite impressive. They all know that a few years ago, Lin Yuan was a complete novice with zero knowledge in the capital field. Unexpectedly, he has grown to this level in such a short time.

While GAKKI and Taylor Swift were amazed at Lin Yuan's continuous progress, they also secretly made up their minds to strengthen their knowledge in the fields of finance and law.

I don’t want to become an expert, but I want to at least catch up with Lin Yuan.

Facing Lin Yuan's doubts, Betty immediately gave an answer:
"As for the first question, it is certainly permitted. In fact, before the financial collapse of many listed companies, the actual controllers of the companies had pledged over 80% or even 100% of their shares."

"The only thing to consider is that a single investor won't accept too much equity, so you need to find multiple banks and spread the money out. This is actually the second problem you mentioned."

Lin Yuan nodded to show that he understood:
If you ask an institution to borrow $100 billion, they certainly won't dare to lend you that much. No matter how good your financial indicators are or how high your personal credit is, they won't be able to lend you that much.

Banks also have their own risk control rules, and it is impossible to put all eggs in one cage.

It would be much easier if you approached 10 banks and asked each of them to lend you $10 billion.

But the problem is that Betty now advises Lin Yuan to maximize the financing quota, which is nearly 800 billion US dollars in financing. Can he really find so many lenders?
As Betty said, when many listed companies go bankrupt, the bosses' shares have all been pledged, but they were pledged in batches over several years.

If Lin Yuan suddenly pledges all his shares as he is doing now, will it really not cause concern and result in no one taking over?

"I'm worried that I can't pledge such a large amount of money at one time," said Lin Yuan.

"Don't worry, I'm going to make this suggestion, and it's going to be a success. At least our Morgan Consortium alone can afford $100 billion. It won't be difficult for the DuPont and Boston Consortiums to each secure another $50 billion.

Anyway, believe me, this is not a problem at all. Again, the reason you are worried is that you don't know how popular you are.

"A mere $80 billion isn't enough to split among North American investment institutions. I'm also considering allocating some to banks in Japan and South Korea," Betty said proudly.

A mere $80 billion...

From this perspective, the person who talked about small goals was not exaggerating. In the face of top capital, one or two hundred million is really not a lot of money.

Betty continued, "As for your last question, my answer is that it's necessary. This is because the current price point for Linyuan Pictures may be the highest in the next few years. If we don't raise funds while the stock price is at its peak, then when should we wait?"
As you Chinese say, this is a once-in-a-lifetime opportunity that cannot be missed.

By reserving sufficient funds at this stage, you can calmly face any future shocks."

"As for the risks of desperately leveraging, I can only say that it may be because you are still an outsider and do not understand the laws of the current global financial system. In this economic cycle, you have to borrow money desperately. The more money you borrow, the more money you will make. There will be no risk of loss." Betty said.

"I really don't understand. Can you explain it to me?" Lin Yuan asked.

So, Betty explained Lin Yuan's doubts in a simple and clear way.

Simply put, before the collapse of the Bretton Woods system, the world was on the gold standard.

At that time, the US dollar was anchored to gold, and the Federal Reserve promised the world that all issued US dollars would be backed by corresponding gold reserves, so the US dollar could not be issued at will.

Some people say that the collapse of the Bretton Woods system was caused by the fact that the United States was deeply mired in the Vietnam War and had to issue US dollars indiscriminately.

But the fact is that even without the quagmire of the Vietnam War, the Bretton Woods system would have collapsed sooner or later, because in this era of rapid development of productivity, the gold standard simply could not continue to work.

For example, suppose the total value of gold circulating in the world as currency is $100 trillion, and the total value of goods produced each year is also $100 trillion.

At this time, currency and commodities can establish a perfect correspondence.

If it were in the agricultural era, the total amount of arable land would be basically fixed, and the upper limit of land output each year would not change much. Then it could basically match precious metal currency, and there would not be huge fluctuations in purchasing power.

But in an era of rapid productivity growth, the total value of goods next year could be $110 trillion, $120 trillion the year after, and $130 trillion the year after that...

However, the total amount of gold cannot grow at the same rate.

Because commodity production capacity can expand rapidly, but if you can't find a mine for gold, you can't dig it out.

This will cause the quantity of goods to grow much faster than the currency, resulting in the purchasing power of the currency becoming increasingly higher. This is what is called monetary deflation.

Gold standard currency has a natural deflationary property, which is a natural law!

Once we enter a deflationary state, the money in everyone's hands will become more and more valuable. Ten yuan this year can buy a bag of rice, ten yuan next year can buy a bicycle, and ten yuan the year after can buy a mobile phone.

Everyone is reluctant to spend money and tries hard to save money, only keeping the minimum consumption to survive.

After all, if the money in your hand becomes more and more valuable, who would still spend money?

The entire society will be like a stagnant pool, without any vitality.

Therefore, a gold standard monetary system like the Bretton Woods system will collapse sooner or later. This is determined by objective laws.

When the Bretton Woods system collapsed, the world entered an era of unanchored currency.

In the past, when countries issued currencies, they were anchored to precious metal reserves represented by gold. Now there is no anchor at all, and what is relied on is the country’s internal power and external credit.

Now, when central banks around the world issue currency, they are almost free from any restrictions except for the risk of hyperinflation caused by excessive currency issuance.

Therefore, in this era, assets are hard currency, because assets are objective material existences and cannot be "printed" in batches by the central bank.

As for the fact that assets may also lead to losses after the price bubble, this is another issue. The key lies in the price of holding the assets.

Back in the era of unanchored currencies, inflation became a universal, objective law. As a result, some ordinary people at the bottom of the economic ladder came up with funny stories that went something like this:

The annual inflation rate in the world today is about 7%. A rich man with assets of 10 billion will have his assets eaten away by inflation by 7% every year, or 7000 million yuan, or an average of nearly 20 yuan per day.

So ordinary people began to sigh: "Rich people are actually under a lot of pressure. If they can't make a profit from their investments, their assets will shrink by 20 yuan every day when they wake up. It's really painful."

But is this really the case?
Obviously not. The poor are getting poorer, while the rich are getting richer. This is the truth that everyone feels.

So what's the problem?
Why doesn't inflation eat up the wealth of the rich?

The answer is that ordinary people have no assets.

Most of the wealth of ordinary people exists in the form of currency. What is deposited in the bank is cash, which is swallowed up by inflation at a fixed rate of 7% every year. Even if there is some deposit interest, it will only reduce the amount of inflation.

Assuming a rich person has 10 billion in wealth, their asset allocation is often like this:

Among them, 9 million or even 5000 million are assets such as houses, stocks, and bonds.

What banks do is lend umbrellas when it is sunny and take them back when it rains. This is not the banks' fault. After all, banks have to consider the security of funds. Obviously, lending money to rich people "seems safer."

So the rich can still borrow 10 billion yuan from the bank and continue to convert it into assets.

Such a wealthy person with a wealth of 10 billion may hold assets exceeding 20 billion yuan.

How could inflation possibly eat away at his wealth?

Not only will inflation not devour his wealth, but it will cause asset prices to rise, making him richer!
This is what Betty said, in the era of unanchored currency, borrowing money is making money.

The only thing to be careful about is the economic cycle, specifically: capital costs and asset prices.

Assuming that the cost of borrowing money is very low, the interest rate is very low, and the assets are constantly rising, it is natural to choose to borrow money desperately and borrow every penny possible.

However, once the interest rate on borrowing money becomes higher and asset prices begin to fall, it is time to deleverage to prevent financial collapse.

So the question is, what economic cycle are we in now?
The answer is very obvious: we are now in the most frenzied stage of assets before the outbreak of the US subprime credit crisis.

The market profit at this time is around 1%, and the cost of borrowing money is almost non-existent.

And all major assets are rising rapidly. Shouldn't we borrow money desperately at this time?
No matter where you can use the borrowed money, you can earn interest difference by the most crude and stupid way.

In North American financial institutions, you can lend money at an interest rate of 1%, and then invest it in China at a minimum interest rate of 5%, earning a 4% interest rate difference. This is a zero-cost business with no risk.

At this point, Lin Yuan had completely understood what Betty wanted to express:
That is to take advantage of the fact that Linyuan Pictures' stock price is at its highest level in recent years and raise as much funds as possible.

No wonder she said, "It has to be done! If you want to truly build your own consortium in the next five years, you can't miss this opportunity!"

It is truly a once-in-a-lifetime opportunity with the right time, right place and right people.

Lin Yuan then no longer hesitated and replied affirmatively: "I understand. I agree to act completely according to your suggestion."

At this point in the conference call, the capital operation steps for the next period of time have been completely finalized:

Taking advantage of the high stock price, equity pledge financing was carried out, and then Betty began to sell stocks to create public doubts. Immediately afterwards, Lin Yuan issued a share reduction announcement to suppress the stock price.

This will achieve the dual purpose of raising funds at a high level and then limiting the stock price bubble.

The specific operation of this process requires considerable experience and skills. Lin Yuan completely trusts Betty and leaves everything to her.

When the matter was finalized, Betty asked with a smile, "After the whole process is completed, with the stock price plummeting, you may lose the title of the world's richest man. Will it be a bit regretful?"

Lin Yuan shook his head and said, "No, that kind of false reputation doesn't really do much good. Instead, it will attract a lot of hatred. We Chinese still believe in keeping a low profile to stay safe and making a fortune in silence."

"Hahaha, this is the wisdom of the ancient nation. I totally agree." Betty expressed her support.

After the two finalized some details, they officially ended the conference call.

Although Taylor Swift and GAKKI-chan have seen many big scenes, this time they are really participating in what can be regarded as the top-level capital operation. Seeing Lin Yuan finalizing the operation of a huge sum of 800 billion US dollars while chatting and laughing, they can't help but feel a lot of emotion.

At this time, Lin Yuan looked at his Patek Philippe watch, which Gao Yuanyuan bought for him with all her savings.

"It's almost time, we should go to the airport." Lin Yuan said.

"Okay, let me let you experience Betty's private jet. I believe you will want to buy one too." Taylor Swift said with a smile.

"A special plane..." Lin Yuan exclaimed.

In his opinion, a private jet is a symbol of luxury, and only the most powerful people can afford such a thing.

But when Lin Yuan reached this point today, he found that he could win easily.

The three of them left the hotel and GAKKI drove straight to the airport.

After arriving at the airport, the boarding process was not as expected.

As we all know, among the passengers on ordinary civil airliners, economy class passengers wait in the lobby.

First-class and business-class passengers have access to more upscale VIP lounges.

This is the boarding process as most people know it.

For Lin Yuan, who was taking a special plane, the normal boarding process should be to take a vehicle directly to the special plane under the guidance of airport staff and board the plane directly.

However, there seemed to be some minor problems during the refueling and maintenance of the special plane today, which led to a delay in boarding time.

Therefore, the airport staff temporarily arranged a small lounge for Lin Yuan and were guiding him there.

"I'm sorry, Mr. Lin Yuan. We have caused you trouble due to some mistakes in our airport work." The person in charge of ground staff at the airport said apologetically.

As he spoke, he kept bowing. The panic in his expression and the beads of sweat that kept appearing on his face showed his uneasiness.

Anyone who can use a private plane is a big shot, right?
These were people that he, a mere ground crew manager, couldn't afford to offend, let alone Lin Yuan in front of him.

The popularity that "The Heroes of Tang Dynasty" has brought to Chang'an has made people from Qin and Shaanxi provinces regard Lin Yuan as an absolute VIP.

Countless leaders have repeatedly told us to provide good service to Lin Yuan and make him feel at home. They hope that Lin Yuan can come to Chang'an more often.

But an accident still happened, which made the person in charge quite panicked. He was afraid that because of Lin Yuan's dissatisfaction, he might be dismissed and lose the position he had worked hard for for decades.

Lin Yuan naturally understood his concerns and knew that it was not his problem, so he comforted him:

"It's okay, I understand. After all, these special planes are rare and you're not familiar with them. This is not your problem."

"Thank you so much, thank you for your understanding, please come this way!" The person in charge bowed again to express his gratitude.

Lin Yuan took Taylor Swift and GAKKI-chan, and followed the person in charge through the VIP waiting room to the exclusive lounge.

When they stepped into the exclusive lounge, Lin Yuan suddenly noticed a familiar figure in the VIP waiting room outside.

"Wait." Lin Yuan stopped the person in charge who wanted to close the door and leave.

"Mr. Lin, did you see someone you know?" the person in charge asked attentively.

"I guess so. Could you please invite that gentleman over for me?" Lin Yuan said.

Following Lin Yuan's gaze, the person in charge saw an extremely tall and fat man, who was estimated to be over 1 meters tall and weighed more than 9 kilograms.

With such an exaggerated body shape, he probably wouldn't be able to sit on an ordinary seat in the economy class waiting hall.

Fortunately, the sofa in the VIIP waiting room was wide enough for him to sit there comfortably.

"Take my business card and invite him." Lin Yuan took out a business card and handed it to the person in charge.

"Okay, Mr. Lin, please wait a moment."

After saying that, the person in charge took Lin Yuan's business card and walked towards the strong man.

"Lin Yuan, do you know him?" Taylor Swift asked.

"It looks like he's a sumo wrestler, right?" GAKKI recognized him at the first sight.

"I don't know him, but I want to make friends with him. I have high hopes for him," said Lin Yuan.

Lin Yuan didn't finish his words. He knew that the strong man not far away was the future legendary Yokozuna in the Japanese sumo world - Hakuho Sho.

This is the person Lin Yuan has always wanted to meet but has never had the chance to meet. He is also an important target that he needs to capture in order to control the Japanese fighting world.

In Japan, sumo, like kendo, is regarded as a national art and a sport that is popular among the whole nation.

Sumo wrestlers are divided into ten levels from low to high: Jonokuchi, Jonidan, Sandan, Makushita, Jyuryo, Maegashira, Komusubi, Sekiwake, Ozeki and Yokozuna.

Among them, Yokozuna is the highest title for wrestlers. In the hearts of Japanese people, Yokozuna is not a human being but a "demigod"-like existence, representing the strongest power and skills of mankind.

In the history of Japanese sumo, the first Yokozuna was Akashi Shiganosuke, who was said to be 2 meters tall and weighed 51 kg.

When you see this height data, you will definitely think it was a slip of the tongue, but the data is indeed like this and it is difficult to verify.

Because Akashi Shiganosuke was born in 1600, which is equivalent to a figure in the Ming Dynasty, which is more than 400 years ago. How can we verify it?

In the past 400 years of history, only 68 Yokozuna have been born in the Japanese sumo world, which shows how difficult it is to obtain the title of Yokozuna.

When it comes to Yokozuna, most people have four main stereotypes:
A flexible fat man, very rich, short life span, and a super beautiful wife.

These four stereotypes are mostly true; only the third is false.

If we look at all the Yokozuna in Japan, the average life expectancy is 62 years.

Excluding those yokozuna who lived in ancient times, the average life expectancy can reach 68 years.

Although this is still not considered longevity, it has nothing to do with the short life as people generally perceive it.

Among the Japanese Yokozuna, only three of them were the most famous in China in later generations: Chiyofuji, Takanohana Koji and Hakuho Sho.

Chiyofuji was born in 1955 and his peak period was in the 80s. He is one of the very few sumo wrestlers in Japan who is muscular instead of fat. He can be said to be the most handsome sumo wrestler in history. With more than 1000 wins in his career, he has become a true legend.

It is worth mentioning that the prototype of the Japanese sumo wrestler Honda in the Japanese fighting game "Street Fighter" is Chiyo Fuji.

Therefore, he is also quite well-known in China.

Takanohana Koji perfectly embodies the characteristic that the wife of a Yokozuna sumo wrestler is super beautiful.

His fiancée is Rie Miyazawa, who is known as the national goddess of Japan.

The value of Miyazawa Rie...

Even if you haven't seen that photo album, you may know that Japanese male stars such as Takuya Kimura and Takuya Kimura regarded her as a goddess they once admired infinitely.

Finally, there is Bai Pengxiang.

He is a true legendary Yokozuna in the Japanese sumo world.

Born in 1985, he is three years younger than Lin Yuan.

Since he joined the sumo world at the age of 2001 in 16, in just three years, he has been promoted to the seventh level "Komusubi" and defeated the 68th Yokozuna Asashoryu.

By 2007, when he was only 22 years old, he had already won the title of Yokozuna. It took him only 6 years to complete his journey to Yokozuna, which can be said to have created a legend in the sumo world.

But his legendary journey has just begun.

In the following professional years, he won 1048 more victories, becoming the first person in history, and achieved a legendary record of 63 consecutive victories.

What Lin Yuan appreciated most was Bai Pengxiang’s excellent “artistic ethics” in the competition.

As we all know, competitive games involve fame and fortune, and many people will resort to any dirty means to win.

Being able to avoid using despicable means and compete honestly can be considered a moral standard.

However, Bai Pengxiang is famous for his clean character during competitions, which really deserves Lin Yuan's attention.

He has already conquered the Japanese kendo world. If he can conquer the Japanese sumo world, Lin Yuan will truly become the emperor of the Japanese martial arts world.

Therefore, Bai Pengxiang is the target that Lin Yuan has always wanted to capture.

I was always busy before and had no chance to do this. Today, they met unexpectedly at Chang'an Airport. Naturally, Lin Yuan would not give up this opportunity.

At this time, the person in charge was handing Lin Yuan's business card to Bai Pengxiang.

He immediately stood up from the sofa.

(End of this chapter)