Siheyuan: The Idiot in Charge

Chapter 444 Investing in Hung Hom Tunnel
Bao Yugang: "???"

Am I right?
I just want a loan. Are you talking to me about investment?
At this time, there is still someone willing to discuss investment with me?

Are you sure you haven't been kicked in the head?

At this moment, the expression on Bao Yugang's face kept changing, including confusion, excitement, and vigilance.

"Jia Dong! What did you say? Are you saying, Jia Dong, that you are willing to invest in the Hung Hom Tunnel project?"

Jia Weidong smiled and nodded and said: "Of course! If Director Bao is willing to accept investment, then I will invest!"

Bao Yugang seemed to believe it but not believe it: "Director Jia! It's not that I am suspicious of the old director. I just want to know, why are you still pursuing something that no one is willing to do? Aren't you afraid of losing money?"

"Dr. Bao! If I say that I actually want to make money, but I want to learn from you, Dong Bao, and contribute a small amount to society! I don't know if you believe it, Dong Bao?"

Jia Weidong asked in a serious tone and said very shamelessly.

why?
Can I tell you, this tunnel will be a super big cow that attracts money from now on?

Can I tell you that you recouped your investment in the tunnel three years after it was built?
Historically, after other investors demanded their investment funds back, the entire tunnel became a sole proprietorship project of the chartering king.

He invested a total of 3.2 million Hong Kong dollars in this project, which was officially completed and opened to traffic in 1972.

As for the follow-up funds, Jia Weidong doesn't know how the charter king solved it.

After the tunnel was completed, the Hong Kong stock market also entered a period of great explosion, which was called the era of fish bones and rice by Xiangjiang people.

During that time, as long as you had money to invest in the stock market, you would definitely make money.

In fact, many people did make a lot of money in the stock market at that time.

These people who made a lot of money in the stock market started buying houses and cars one after another.

The number of cars in Xiangjiang began to increase rapidly, almost explosively.

At the same time, Xiangjiang's economy has continued to develop, businessmen from all walks of life have also made money, and the number of trucks has also begun to skyrocket.

This is something that the charter boat king and everyone in Xiangjiang never expected.

As a result, it only took three years for Charter King to successfully recoup its initial investment of HK$3.2 million.

Over the next thirty years or so, the Hung Hom Tunnel has become a major transportation artery between Kowloon and Hong Kong Island. There is a constant flow of cars passing through it every day, and the charter boat kings also make a lot of money.

Gain fame and fortune!

During the peak period, the daily toll revenue was more than 1000 million Hong Kong dollars.

Is it surprising?

This also made those who were unwilling to invest in this project regret it, and those who withdrew their investment halfway regretted it even more.

It’s just that it’s useless for them to regret it!
There are also those foreign businessmen who were dismissive of this project at the beginning. They can only envy and hate the king of chartered ships for his money.

If you believe that there is cause and effect in this world, then you can only say that good people will be rewarded!

Jia Weidong likes to hitchhike the most!
How could he miss such an opportunity?
That's going to be struck by lightning!
But can this be told to Bao Yugang? Can you still take Jia Weidong to play after telling him?
Jia Weidong's words left Bao Yugang speechless.

You can’t say that you are doing charity and promoting social progress, but it’s not okay for others to do charity, right?
Bao Yugang was not someone who had been in the business world for many years. He had a vague feeling that something was wrong.

There was something weird about this thing, but he couldn't figure out what Jia Weidong's plan was? What's the problem?
After all, investment requires money, and he won't sign a contract without seeing real money.

He really needed funds now, so he asked tentatively: "Dr. Jia! The funds I lack here are relatively large. Ten or twenty million won't solve the problem!"

"Dr. Bao! What is the total budget for the Hung Hom Tunnel project?"

"The initial budget for this project is 300 to 400 million. I wonder how much Director Jia can invest?"

"Dr. Bao! To be honest, Dongsheng has no problem investing in this project independently. How much funding is missing for this project? I will invest as much as the funding gap is! However, I hope it will not exceed 49%. Share!”

"Uh! Really? Jia Dong didn't joke with my old man?"

At this moment, Bao Yugang was shocked inside!

The total budget of the project is three to four billion, which is 49%, which is at least 150 to 200 million.

He really didn't expect Jia Weidong's tone to be so loud!

You know, they are talking about investments now, not loans. He only knew that Dongsheng Bank might be able to come up with so much money.

But the money in the bank does not belong to Jia Weidong, but to the general public.

And as far as Bao Yugang knows, according to regulations, banks are not allowed to lend money to their own shareholders.

Jia Weidong said firmly: "Dr. Bao! You are my senior, how dare I joke with you?"

Bao Yugang was silent for a while, and then said cautiously: "Then 49%, Mr. Jia! What do you think?"

Jia Weidong nodded readily: "Yes! But, Director Bao! I have a small request."

"Jia Dong! Say it!"

Bao Yugang said to himself: "Don't make a small request, as long as it's not too much, I'll agree to ten!"

"Dr. Bao! Due to some personal reasons, I don't want too many people to know about our cooperation. I hope that Director Bao can keep it secret!"

Jia Weidong invested in this project not for fame, but for profit. He really didn't want to make it known to everyone.

Bao Yugang's face straightened up and he solemnly assured: "No problem!"

Jia Weidong's request for confidentiality is in line with his character in the Hong Kong rumors.

Shenlong sees the beginning but not the end, very low-key!

Then, the two started negotiations on issues such as the investment ratio, management and maintenance after completion, and the distribution of income.

During the entire negotiation process, Jia Weidong was relatively straightforward, and Bao Yugang was not the kind of person to worry about everything.

Soon, the two agreed on the big framework.

The two agreed to jointly establish a management company with a total investment of HK$3.5 million.

Bao Yugang's Global Group's initial investment plus cash totaled HK$1.785 million, accounting for 51% of the shares. Jia Weidong's Dongsheng Industrial invested HK$1.715 million, accounting for 49% of the shares.

After reaching an agreement on the major terms, the remaining specific matters will be left to the legal and financial affairs of the respective companies.

Just wait for the subordinates to draw up the contract and the two of them sign it.

Everything is settled and everyone is happy.

Jia Weidong stood up, smiled and stretched out his left hand and said: "Dr. Bao! We have a happy cooperation!"

When Bao Yugang saw this, he also stood up and extended his hand: "Hahaha! Good! Mr. Jia is so cool! Happy cooperation!"

Handshake deal!

Bao Yugang never expected that a 300-400 million project would be negotiated so easily!

He said with emotion: "They say that my old man is the richest Chinese man in Hong Kong. Today I know that Mr. Jia is the real boss! He is so young and promising!"

"Dr. Bao, stop it! In front of a senior like you, I am just a nobody. How can I be called a boss?"

"You! You are too low-key!"

"If you don't look at your face, I feel like you are dealing with someone about my age."

Jia Weidong thought to himself: "You are really right, the labor and management are just as old as you."

"Oh! There is no way! Dong Bao, you also know the situation in the mainland. If I make too much noise in Xiangjiang, it will affect the elders in the family!"

"elder?"

"My father-in-law, maybe Bao Dong, you also know... Uh! Bao Dong! It's lunch time, let's have a meal together?"

"No! Director Jia! My company still has things to do. Let's celebrate together after the official signing!"

"Okay! Mr. Bao, please go slowly!~~"

As soon as Bao Yu left, Jia Weidong immediately called Chu Xiaodan over.

"Sister Xiaodan! How much money does our head office still have on its account?"
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(End of this chapter)