Hong Kong variety show: I Am a Tycoon

Chapter 184 Billions of Investment

A week later, as Chen Jiajun was preparing to return to Hong Kong, Yuan Geng hurriedly brought him a lot of documents: "Mr. Chen, the approval for the industrial land you requested has been granted!"
It wasn't easy to come by!
The higher-ups personally made the decision, suppressing any objections, as long as your funds..."

"Really?"

Chen Jiajun excitedly took the document. Although he had no shortage of money-making projects, this was 10 square kilometers of land, 15,000 mu of land in Shekou, Shenzhen Special Economic Zone!

In the future, the auction price per square meter could exceed 10 yuan!

Of course, the land use approved for Chen Jiajun is currently for an industrial park, not for him to develop commercial real estate.

Although industrial parks are mainly factories, they still need a number of supporting commercial buildings such as residences, shops, and office buildings.

Even if the land is designated as such, investing funds to build factories, shops, office buildings, employee dormitories, etc., and only renting them out without selling them, will generate enough pure rental income to make a fortune over the next few decades.

Originally, Chen Jiajun was only supposed to stay for a week, but because of this document, he immediately decided to stay longer and attend a meeting that lasted for two days.

After the meeting, Chen Jiajun, in the name of Guojun Group, purchased a 10-square-kilometer plot of land in Shenzhen for HK$3 million.

Given the current land prices in Shipeng City, it will be virtually impossible to acquire 10 square meters of public land in one go.

Chen Jiajun dares to say that this is an absolutely unrepeatable miracle.

“Mr. Chen, although the land has been approved and the industrial park can be built, it shouldn’t be done in a big way, but rather in a low-key manner,” Yuan Geng said earnestly to Chen Jiajun.

In the early stages of the Shenzhen Special Economic Zone, efforts were made to attract investment from Hong Kong. One of the plans involved offering land parcels to Hong Kong developers for collaboration. Before the land was even developed, advertisements were placed in Hong Kong media to announce the sale of unfinished apartments in Shenzhen.

However, this investment promotion plan was criticized by the media not long after it was launched, as it was seen as a return to the colonial-era concessions, and was soon forced to be terminated.

The 10-square-kilometer industrial park approved by Chen Jiajun is mostly saline-alkali land, with a total of more than 300 farmers.

The biggest challenge in infrastructure construction and development is the cost of demolition and relocation, but from Chen Jiajun's perspective in his later years, it is relatively low in Shenzhen today.

With such low demolition costs, Chen Jiajun naturally wouldn't engage in any messy forced demolitions.

Chen Jiajun was well aware that the symbolic price of 1 million yuan was the key factor in acquiring such a large plot of land in Xiangmihu, Futian District. The helicopters he donated, with a total value of 6.48 million US dollars, played a crucial role in this acquisition.

These helicopters were the weapons he brought back from Vietnam.

Among them were 20 Cobra attack helicopters and 5 Chinook heavy transport aircraft. Anyway, they wouldn't be of much use to him, so donating them to the country would allow researchers to study them.

Chen Jiajun kept one of each type of helicopter as a memento.

What is the concept of 10 square kilometers of industrial land in Xiangmihu, Futian District?
The Pengcheng Municipal Government is located near Xiangmi Lake. This piece of land would be worth at least 300 to 400 billion yuan in later generations.

With just this one piece of industrial land, the Chen family will be able to join the ranks of super-rich families in the future.

After efficiently completing the land acquisition and demolition, Chen Jiajun registered the industrial park as Guojun Industrial Park, making it an independent subsidiary of Guojun Group.

Although this company is a subsidiary of Guojun Industrial Park, it is completely independent in terms of management, but it will not be treated as the main business, so as to avoid disrupting the development direction of Guojun Group.

The first thing Chen Jiajun did after completing the land acquisition and demolition was to allocate a 100,000-square-meter plot of land near the future Pengcheng Municipal Government to build a modern hotel.

As for the hotel, he certainly wouldn't be foolish enough to spend a long time slowly working on the design drawings and hiring an engineering team to build it.

He summoned Yajirobe and spent a fortune in cosmic coins to obtain a compressed capsule containing the contents of a luxury hotel from the Dragon Ball world.

With a casual toss, countless heavy trucks arrived at Xiangmi Lake, and hundreds of huge excavators were driven off by workers arranged by the system. They moved quickly to level the land and dig up the small mounds on the ground.

The entire Xiangmi Lake area was bustling with activity, with tens of thousands of workers assigned by the system performing their duties, striving to get the elder brother's industrial base up and running as soon as possible.

In the afternoon, Yuan Geng, the Party Secretary of Shekou Industrial Park, came to check on the situation and couldn't stop smiling.

Judging from the scale of investment in this project, Chen Jiajun's investment must have been substantial.

Once the factory is built, it can provide tens of thousands of jobs for Shenzhen.

Before leaving Shenzhen, Chen Jiajun summoned Huang Bi'an and Banshou En to the mainland and earnestly instructed them:

"Elizabeth, this 10-square-kilometer area is the future of our Chen family."

"Our business model, apart from the factory buildings we operate ourselves, mainly involves using the remaining factory buildings to attract upstream and downstream companies to move in and collect rent and management fees."

"However, we are very selective and will never accept any random factories that have no connection with our Guojun Group or our supply chain."

As a graduate of a prestigious English university, Huang Bi'an received various training at MI5, making her the perfect candidate to manage the Guojun Industrial Park.

The development of 10 square kilometers of industrial land is an astronomical sum. The land only costs 1 million yuan, but after the contract was signed, Chen Jiajun also guaranteed that the investment amount over the next ten years would not be less than 50 billion yuan.

As for where the money comes from?
That's naturally the bank.

Chen Jiajun has no intention of repaying the HK$15 billion he borrowed from HSBC for the time being; in fact, he plans to borrow even more, given that the Hong Kong dollar is already in a depreciation cycle and will plummet by 1982.

In addition, Chen Jiajun borrowed a $3000 million interest-free loan from a mainland bank through Wang Gu Yuanshuai.

In addition to banks, Chen Jiajun had Hung Hing's finance company place advertisements in major Hong Kong newspapers to attract funds from Hong Kong citizens.

In Hong Kong during the 80s, real estate companies such as Hang Lung and Hutchison Whampoa relied on their respective finance companies to attract private capital for their own development.

Chen Jiajun's interest rate was only one or two percentage points higher than that of other companies.

After settling matters concerning the industrial park, Chen Jiajun returned to Hong Kong and immediately went to the mainland again with Fok Ying-nam and others for further investigation.

Throughout the late 1980s, Chen Jiajun followed his seniors and donated a lot of money in Shenzhen and invested in many projects. The total investment amount in the future will not be less than four or five billion. Among Hong Kong businessmen, who can surpass him, Boss Jun?
Tsim Sha Tsui, Peacock Finnish Bath.

Dom, Leung Kwan, Uncle Hing, and Sister Thirteen led the group into the bathhouse lobby, whereupon the Hung Hing members stood up and called out to each other.

Hundreds of Hung Hing 49ers, one stool each, filled the entire bathhouse.

1981 marked a new year and a new beginning, the third major transformation for Hung Hing.

Big Brother Jun said that within the next month, we must find a legitimate job for the brothers in the gang, and all the leaders of the gang must do a good job in the Hung Hing gang.

"Uncle Xing, everyone's here." Liang Kun looked around.

Uncle Hing nodded and looked at the Hung Hing headquarters, which was packed with people in the hall.

Uncle Hing participated in every transformation of Hung Hing, taking one step at a time and creating one miracle at a time. Boss Jun has never let anyone down.

Holding the microphone, Uncle Hing walked to the front of the stage: "Brothers, as you all know, Hung Hing has been the most popular triad in Hong Kong for the past two years. How popular? Not only does the Anti-Triad Unit raid our place every day, but the Food and Environmental Hygiene Department also frequently visits us!"

“Ah Da said that if Hung Hing wants to go further and if it wants all the brothers to have a future, it must completely give up the black market in Ma Lan.”

"Therefore, starting today, all horse stalls in Hung Hing will be closed."

“During the shutdown, Ah Da gave each of the gang members 1,500 dollars a month in unemployment benefits.” There were at least three or four hundred Hung Hing gang members present, and 1,500 dollars a month in unemployment benefits was not a small amount.

"The money isn't much, but it's what Ah Da saved up by scrimping and saving, squeezing it out from between his teeth to help his brothers."

As Uncle Xing spoke, he looked around.

The brothers in the audience all looked surprised. There was absolutely no big shot in the underworld like Chen Jiajun.

Since Boss Jun took over, the income of all the brothers in Hung Hing has been increasing every month.

"In addition, Ah Da also said that we must find a way out for the brothers, without changing the name or the branch, and continue to work in Hung Hing."

Uncle Xing spoke with great enthusiasm and spittle flying everywhere.

"Now, there is a way out in front of you: drive big trucks and do logistics."

“Ah Da has acquired a piece of land in Shenzhen, which is 10 square kilometers in size, about the same size as Hong Kong Island.”

"Next, please welcome Lu Jinqiang from Hung Hing, the father of Qiangzai, Master Lu, and Uncle Quan."

Let me tell you about their amazing experiences driving large trucks for Hung Hing Logistics Group. Please listen carefully.

Encouraged by Uncle Hing, Lu Jinqiang's father, Uncle Quan, wearing work clothes, walked confidently onto the stage: "Good evening, fellow Hung Hing brothers."

“I’m from Tuen Mun. Qiangzai, the right-hand man of Wrench En, is my son.”

“I now work at a logistics company in Hung Hing.”

"I usually transport goods to Butterfly Bay for the company, but now I'm transporting goods to Pengcheng for the company. Everyone knows the situation in Pengcheng."

“You earn a little over a thousand a month in Hong Kong, but people just see you as a wage earner. You can’t even support yourself, let alone a woman.”

"But if you earn a little over a thousand in Shenzhen, everyone will think you're a big boss, a millionaire!"

"I now work one day and rest two days. I drive more than ten truckloads of goods a month, and after deducting the cost of fuel, I can earn more than 10,000 yuan a month."

"And you don't have to worry about being harassed by the police, it's incredibly relaxing!"

Do you know what a salary of over ten thousand yuan means in Shenzhen?

"Guess how many mistresses I've kept in Shenzhen?"

As soon as Uncle Quan finished speaking, the brothers from Malan immediately began to discuss.

"two?"

"Three?"

Uncle Quan spread his hands and said, "Wrong, I've raised five big-breasted girls, and now they all want to marry me..."

He raised five big-circle girls?
The brothers listened with rapt attention, completely absorbed.

Uncle Quan got more and more excited as he spoke, spitting as he spoke, and a group of brothers in the audience looked on with longing.

Half an hour later, the brainwashing session ended, and a group of Hung Hing gang members sat in the lobby of the New Peacock Finnish Bath, smoking and chatting.

Some guys were indeed attracted, after all, earning 10,000 a month and being able to support four or five glamorous girls...

Some brothers, however, find driving tiring and don't want to be disciplined.

In short, everyone has their own ideas.

Standing on a table in the hall, Liang Kun shouted:
"Those who are interested, hurry up and sign up. Don't worry if you don't have a driver's license, Hung Hing has its own driving school. The learning location is near Kwok Chun College. In a few months, you can drive a big truck, make a lot of money, and support a mistress."

During my driving lessons, I also received HK$1,500 in unemployment benefits each month. Adding the profit sharing from Ladies' Market and Sneaker Street, my monthly income was HK$3000 – more comfortable than the Governor of Hong Kong.

Many brothers hurriedly squeezed to the table to register.

After registering, the Hung Hing brothers walked out of the bathhouse, their hearts heavy as they looked toward the Hung Hing headquarters.

1981 October.

For the past six months or so, Hong Kong's underworld has enjoyed a relatively peaceful period.

Over the past six months, Hung Hing has gradually moved away from the black market and become a modern conglomerate.

The 100,000-square-meter factory located in Shekou Industrial Park has been officially put into production and construction in the past six months. Under the instructions of Chen Jiajun, Guojun Garment Factory has registered brands such as "Anta Sports", "Anta Sport", "Uniqlo", "Bosideng", and "Youngor".

The production lines of these independent brands have all been moved to the Shekou Industrial Park.

Hung Hing Entertainment currently owns a total of 60 chain nightclubs, clubs, and bars in Hong Kong Island and Kowloon.

Hongxing Logistics invested a large sum of money to purchase a batch of trucks to handle freight orders from You Rong Group and Huanqiu Group.

In the past six months, various gangs in Taiwan and various organizations in Hong Kong have ordered a total of 210,000 game consoles from the Guojun Group, with the majority of them being ordered by the Bamboo Union, the Sanlian Gang, and the Sihai Gang from Taiwan.

In short, Hung Hing, as a modern large-scale triad, has now begun to get on the right track.

Since then.

Chen Jiajun owns companies including Hung Hing Property Group, Logistics Group, Entertainment Company, Guojun Apparel, Guojun Group, Guojun Academy, and more.

While Hung Hing Group has been developing rapidly, the exchange rate between the Hong Kong dollar and the US dollar has quietly begun to fall in Hong Kong over the past six months.

June.

Hong Kong has also quietly introduced a series of policies for amusement arcades, relaxing the licensing requirements but imposing a rule that typically only one game machine can be installed per nine square meters (97 square feet), commonly known as "one machine for nine square meters".

This policy has hit the entire arcade industry in Hong Kong hard.

In response to policy changes, many shrewd organizations and businessmen have ordered "dual-head machines" from Guojun Technology. A "dual-head machine" means that one game console can accommodate two people, while a "triple-head machine" means that three people can play together.

In Hong Kong, the vast majority of dual-head machines are produced by Guojun Technology. As soon as the policy was announced, a flood of orders poured into Guojun Technology once again.

The convoy slowly came to a stop outside the Hung Hing headquarters, Chen Lou. After Chen Jiajun got out of the car, the Hung Hing members at the entrance greeted him one by one:

"Ah Da!"

As Chen Jiajun walked, he nodded to everyone: "Everyone, go upstairs for the meeting."

(End of this chapter)