Reborn, back to a small county town to become a wealthy family

Chapter 670 Uncle and Nephew Chatting
In Luo Yang's opinion, it would be best to wait until his uncle is transferred to the new position and then introduce the project to him, which would be the most effective.

But now he nodded first and then shook his head, a little confused.

"At the dinner on Friday, you have already agreed to Mayor Tang. I said it will be in the second half of the year, but the time is not certain yet."

Luo Jianmin explained what he meant by shaking his head.

Once you promise something, especially if it is to a government department, you have to be responsible for it.

Especially the other party’s position is not small.

He was also thinking about his nephew. He could attract investment, and there would be other opportunities in the future, but in this matter, he didn't want Luo Yang to lose his credibility in front of the city leaders because of him.

"Not really. Such a large investment project cannot be completed in a day or two."

Uncle Luo Yangkuan thought to himself, "First, the feasibility study report on my side will take at least one or two months to complete. Then the planning and design on my side will take about a month. These two tasks combined will take almost three months."

It is true that Luo Jianmin is in the construction system, but he is not very familiar with real estate development.

So I can only believe what my nephew says.

"It's almost July, and three months later it will be the end of October."

Luo Yang smiled and said, "I guess if you want to transfer, it should be almost time. Even if there is a little delay, I can wait for you to take up your post for half a month. I will take the prepared materials to the city to discuss appointing you as the middleman for attracting investment. The city should give me this face, right?"

His plan to invest in a commercial complex was still only on a small scale, and Chengguan Town had no idea about it at all.

"I will not contact other people in the future. All relevant matters will be handled directly with Tang Hailin. My father-in-law can also be involved in the process to ensure that the investment news will be spread a few months later."

"If I can really do this, I would really like to transfer."

After listening to his nephew's description, Luo Jianmin said he was moved.

"Uncle, if you are really determined to switch to a government job, my subsequent investment in Yang City can really help you create some results."

Luo Yang also saw that his uncle was moved.

He was not exaggerating, because in two or three years, the last wave of real estate market will come, and it will spread to fourth- and fifth-tier cities like Yang City. In the next few years, due to large-scale investment in real estate development, the annual economic growth rate of Chengguan Town will be very scary.

In addition to real estate, Luo Yang has other continuous investments.

For example, all the money he earned from real estate development would be used in Yang City. Although part of it would be used to increase his living comfort, the total amount of the money would be several hundred million, or even more than one billion. Even if only the rest was used for investment, it would still be a considerable sum.

For example, regarding the food processing and production plant, Luo Yang has decided to delve deeper into this industry, and future investment will certainly not be small. It is not impossible that part of the investment will be in Yang City.

Therefore, in the next seven or eight years, Luo Yang's investment in his hometown will be continuous and the total amount will be considerable.

His words strengthened Luo Jianmin's determination to transfer his job.

"Uncle, I forgot to ask you just now, who is behind this transfer?"

It would be impossible for Luo Jianmin to transfer from the construction line to the government line without the support of the city leaders.

"To be honest, most people may not believe it."

Finally hearing his nephew ask this question, Luo Jianmin smacked his lips and said, "Two people came to me to pass on the secret. One is the current executive vice president Lu Hong, and the other is Du Ze, the top leader of Chengguan Town."

The former is a member of the city's standing committee, while the latter is only a member of the city's *group, so there is still a difference in level.

"Executive Vice President Lu Hong?"

He didn't pay much attention to this before, but when his uncle linked Lu Hong's name to his position, some fragments of memory suddenly emerged in his mind.

It seems that this person later served as the deputy secretary of the development zone (a half-level higher position in the development zone), and was found to have problems when he was about to retire.
Luo Yang didn't have much impression of the top leader of Chengguan Town.

"Uncle, I had tea with my father-in-law last time and talked about some people and things."

Luo Yang used Jiang Yuanshan's name to warn: "It's better for you and Lu Hong not to get too close. If possible, it's better to go through Du Ze's way for the transfer. If not, ask my father-in-law for help."

"Is something going to happen to Lu Hong?"

Luo Jianmin was stunned on the spot because the news was too scary.

"I didn't say that."

Luo Yang quickly waved his hand and said, "My father-in-law just commented on him and thought that something bad would happen to him sooner or later."

"Is there no hope of going any further?"

Hearing his nephew speak so confidently, Luo Jianmin immediately started thinking.

After thinking about it, maybe this is the only reason.

Because according to the information he had learned, Executive Vice President Lu Hong had the hope of taking the next step in the next term, that is, taking over the position of the top leader of the municipal government. At this critical juncture, he would definitely be very cautious in his actions and behavior.

Only when there is no hope of promotion, the previously taut string will relax and people will do things recklessly.

"Who knows? Anyway, my father-in-law has a pretty good access to information."

"I see."

Luo Jianmin nodded and warned his nephew, "Don't tell anyone about this."

"You are my uncle."

Luo Yang laughed and said, "Only a fool would say this outside."

"It's good to know."

Luo Jianmin smiled with satisfaction.

They couldn't say it outside, but the uncle and nephew were in the study of their private residence at the moment, so they chatted about some gossip in the city without being cautious at all.

We had a great time chatting and even laughed out loud.

"Yangyang, don't blame me for being curious. In the past one or two years, especially recently, I have been wanting to ask you something."

As they chatted, Luo Jianmin suddenly became interested in Luo Yang's net worth: "Tell me honestly, how much assets do you have now?"

"Uncle, why are you gossiping about your nephew?"

Hearing such a question for the first time, Luo Yang was also stunned for a moment, and then he replied with a smile: "Actually, your question is a bit ambiguous, and it makes people wonder how to answer it."

"what?"

Luo Jianmin was a little confused: "Why, did I ask the wrong question?"

"That's the wrong question."

Luo Yang gave an example: "For example, you, my uncle, have two houses under your name. The one you live in now is fully paid for and is an asset. It can be evaluated according to the market price and included in the statistics. However, for the other pre-sale house, you have taken out a provident fund loan. This house is not your asset, but your debt!"

Luo Jianguo thought about it, but still didn't understand.

"When I bought this house, the total price was more than 52 yuan, the down payment was 22 yuan, and the provident fund loan was 30 yuan. Even if it was a debt, I only owed 30 yuan."

He said according to his own understanding: "But the market price of this house is 52, so I still have a surplus, how can it be a debt?" "What about the interest?"

Luo Yang smiled and asked his uncle: "A 30 yuan housing fund loan, normally with a 20-year loan term, would cost about 45 yuan including principal and interest. Once you default on the loan, the house will be auctioned off. In principle, it will be sold at an 41.6% discount, so the house can only be sold for yuan. That's how the bank calculates it. In the eyes of the bank, you are a debt!"

Luo Jianmin: “.”

"This is a provident fund loan. If it is a commercial loan, the interest rate will be higher."

Luo Yang calculated: "For a 30 yuan loan, based on the current interest rate and a 30-year repayment period, you will have to pay back about 60 yuan including principal and interest. Don't even mention the discount from the auction. Even if you calculate it based on the market price, you are directly in debt."

"I spent 22 yuan to buy a house, but it turned out to be my debt?"

It was like a knife cutting my butt, it really opened my eyes.

"This is just an example of an individual. If it is a company, the question would be ambiguous."

Luo Yang continued to chatter: "If a company is listed, it is easier to calculate. You can directly calculate its total value based on the stock price, and then calculate your own equity ratio in the company, which is your net worth. However, this net worth changes with the stock price. You may have 10 billion this year, but it may be 5 million next year."

This is not difficult to understand, Luo Jianmin can understand it.

“But there are still companies that haven’t gone public, which is more troublesome.”

Luo Yang had a cigarette in his hand at the moment, so he couldn't count his fingers, so he could only gesture and say, "First of all, there is the fixed assets. Some companies own their own land, factories and production equipment, which are all fixed assets. But some companies rent factories and equipment, so there is no fixed assets to speak of. Secondly, there is the business of the company, which is relatively fictitious and difficult to assess its value. Of course, there is also the value of the company's brand, which can be valuable or worthless, and sometimes worthless, so it is even more difficult to quantify."

"Yangyang, I remember none of the companies under your name are listed, right?"

Luo Jianmin immediately thought of this: "Moreover, some of them have their own land and factories, while some of them rent office buildings. So according to you, this part is difficult to evaluate?"

“Different industries have their own unique evaluation system, it’s just more complicated.”

Luo Yang smiled and said, "Some companies even have a debt ratio of over 100%, which means they are actually insolvent. However, because their business conditions are relatively good, they are still operating normally. This is even more unacceptable."

The debt ratio exceeds 100% and the company is in a state of insolvency.

However, the company's business is in good condition and it is still profitable every year. Under this condition, it is another evaluation model.

"I'm almost dizzy by you."

After listening to his nephew say so much, Luo Jianmin felt a little confused.

"Then I'll be more direct."

Luo Yang was not lenient: "For a business owner, if someone calls him a billionaire, it is possible that he owns a company with a market value of 50 billion, but his net worth may only be 50 billion, because his equity ratio in the company is only %. If his debts are deducted, the net worth of this boss may only be tens of millions, or even hundreds of millions."

With this example, Luo Jianmin will be able to understand.

"So how much are you worth, what is your net worth?"

After understanding it, he asked his nephew with a smile.

"I don't know the exact details, but maybe he's worth 10 to 20 billion now."

Luo Yang thought for a moment and said, "As for the net assets, I have no idea. Maybe after the group structure is reorganized and an audit company is found to take stock of the assets, I will know how much net assets I have."

"A net worth of 10 to 20 billion!!!"

Luo Jianmin was shocked at once and looked at his nephew with disbelief.

The reason why he was so shocked was that he knew very well that three years ago, Luo Yang was still a freshman and his brother Luo Jianguo was even in debt of one or two million.

I’m not sure if he could be considered the richest man in Yang City with this net worth, but he is definitely among the top three.

How could he know that Luo Yang was already speaking very modestly.

"You and your father-in-law"

"My father-in-law is definitely richer now."

Luo Yang said more modestly: "Yuanfan Electric Vehicle is in the process of going public. Maybe it will be successful next year. By then, the market value of this company may be tens of billions, or even tens of billions. Moreover, the three companies under his name are all listed companies."

"That's right. Lao Jiang is one of the best bosses in Yang City."

Luo Jianmin took it for granted that what Luo Yang said was true.

In fact, if we don't talk about anything else, Jiang Yuanshan can't compare to Luo Yang in terms of cash flow. In terms of corporate value, the two are on par.
As for the future.
You should know that Luo Yang still holds shares in miHoYo and Toutiao.

As for the drone industry, if it can defeat DJI, it will be at the unicorn level. Even if the two companies are tied in the end, the value of the company will not be too low.

Another company is Pinxixi, which is located in Guangzhou and is also a company with unlimited potential.

After sighing, Luo Jianmin handed a cigarette to his nephew.

"You are the only boy in our Luo family's generation."

Luo Jianmin patted Luo Yang on the shoulder and said, "You and Jiang Fan must have more boys in the future to bring glory to the Luo family."

"Don't just count on me."

Luo Yang smiled and suggested: "Why not let Luo Ting find a live-in son-in-law, so that the boy born will have a different surname, Luo?"

"With my family's conditions, how could there be any outstanding boy willing to be a live-in son-in-law?"

"If there are no conditions, then create them."

Luo Yang said easily: "In the future, I will train Luo Ting well and let her become a female CEO with an annual salary of tens of millions. At that time, it will not be a simple matter to recruit an excellent son-in-law."

Luo Jianmin: “.”

Although he didn't say anything, looking at his expression, I could tell that he was definitely moved.

"Uncle, you just don't know."

Luo Yang continued to persuade her, "This is very popular in Zhejiang East Road now. Some big bosses with considerable assets who have only one daughter at home use this trick to continue their bloodline."

It may be misleading, but it is not deceptive.

And Luo Yang also kept it to himself.

Some bosses go even further and even kill the father and keep the son.

The usual template is to recruit a son-in-law who is good-looking, intelligent, and has no genetic defects (no genetic diseases), sign an agreement before marriage, divorce after the child is born, and the man takes a large sum of money and leaves, while the child stays in the woman's home.

As for the daughter after the divorce, whether she remarries someone else or remains single because she loves to play, her family will not care about it.

"Your father-in-law's family didn't learn this from Zhejiang Province, did they?"

Luo Jianmin suddenly came back to his senses, looked at Luo Yang with complicated eyes and said: "But later you started from scratch and created a considerable family business, so it was impossible for you to have a live-in son-in-law, so you had to give up and compromise to give birth to a boy with the surname Jiang."

Is that right?

Luo Yang didn’t know either, because he and Jiang Fan had never been married in their previous life.

(End of this chapter)