Mixed in 1980

Chapter 413 The Minor Family

Zhang Xiaoxi touched her nose: "United Properties is only part of it. Our family also has Xinghuo Properties, which has always been the largest real estate company in Hong Kong."

"In addition, Xinghuo Investment also owns a lot of land, all of which have been developed in recent years, but none of them have been sold to the public; they are all kept for rental income."

Xinghuo Investment sold off a lot of land at the time, leaving only 10 plots, all located in the core area of ​​Xiangjiang, which have now become 10 residential communities.

Guan Xiaoyu originally owned a residential complex, which was later sold for HK$46 billion. Chen Fan sold her a piece of land at a low price, built a residential complex, and continued to collect rent.

Of the remaining 9 residential communities, Chen Yi and Zhang Xiaoxi each own one, and each of their five children owns one. Only 2 communities remain under the company's name.

Hong Kong is already incredibly expensive!

It would be strange if no one criticized Chen Fan for doing things this way. Even though Chen Fan's name has stopped being reported in the media in recent years, people can still criticize Xinghuo Investment and Xinghuo Real Estate.

After hearing the explanation, Gao Lu felt dizzy.

She glanced at Chen Yancheng, grabbed his arm and bit down: "You little Sith, you're quite the actor, aren't you? Poor student, I'll bite you into becoming a poor student."

"Hasn't this gone too far?" Chen Yancheng said with a wry smile.

Gao Lu gritted her teeth: "I can't get over it. He lied to me for four years, sis. You have no idea how bad he is. He's especially good at playing the poor card."

Zhang Xiaoxi smiled and teased, "One is willing to hit, and the other is willing to be hit, isn't that great? Xiao Lu, have you thought about what to do?"

"Me?" Gao Lu shook her head slightly.

After a moment of contemplation, he said, "I always thought that if Chen Yancheng started his own business, I would be his assistant. I never thought about what I would do myself."

Chen Yancheng felt a warmth in his heart: "It's okay, you'll be my assistant from now on."

Have you forgotten our family rules?

Zhang Xiaoxi glared at her younger brother: "When a husband and wife are both stirring things up, they'll only turn work conflicts into family conflicts, and sooner or later they'll break up the family."

He gently patted Gao Lu's hand: "When your aunt and uncle come over, they will take you to visit their properties. If there is a suitable one, you can bring it over."

"Don't underestimate them, they have very large businesses."

"My aunt's core business is Roselle skincare products, and she also has many anti-aging and medical aesthetic projects, all of which are currently very popular."

"My aunt works in the luxury goods industry. You've heard of Lululemon, right? There are also many other luxury brands that combine traditional craftsmanship."

“My aunt is too lazy to take care of things, and my aunt wants to retire. Neither Yanxi nor Yanyin wants to take over. If you are willing to take over, they will definitely be very happy.”

Gao Lu was completely confused after hearing this.

I still know too little. I thought it was already amazing that the Chen family owned Feixing mobile phones, but I didn't expect it to be just the tip of the iceberg.

Banks, real estate, skincare products, luxury goods... these are just some of the things we've seen so far.

Seeing her confused look, Chen Yancheng coughed lightly: "Sister, there's no rush. Gao Lu doesn't know our family's situation yet. It's not too late to talk about it in a few months."

Zhang Xiaoxi nodded and said, "That's true. The situation at home is indeed complicated, and it took Wanwan a long time to adapt."

Gao Lu nodded, still feeling a bit dazed.

……

The Chen family members set off one after another. Chen Fan and his three wives set off on the second day. They also kept a low profile in Hong Kong and did not cause any disturbance.

Unlike in the 1980s and 90s, when it was easy to be targeted by reporters and paparazzi, now even if you are photographed, the media will not report it because it has no value and therefore will not be watched.

Visiting Hong Kong no longer requires the same grand gesture as before.

One bodyguard in the car and one vehicle behind it is enough; it's no longer possible for a gunfight involving a dozen or twenty people to break out on the road like before.

Back in Deep Water Bay, the children had all gone out.

Chen Fan stood at the gate, looking at the nearby mansions: "Our family has three houses in Deep Water Bay. Let's renovate the other two and give them to our third and fifth sons."

"This garden is for the second son."

"Eldest, Fourth, Xiaoxi, Xiaoyi, let's choose from other places, such as Repulse Bay, Mid-Levels, and the Peak. Let them choose for themselves later."

"Is there any need to rush?" Xu Jinqiu shook her head.

She smoothed her bangs and said, "The children are still young. Xiao Wu is only nineteen. We'll consider separating the family in a few years."

Chen Fan took out a cigarette, lit it, and took a deep drag: "Dividing up the family property is troublesome. Let's take it one step at a time and gradually separate the belongings to avoid future disputes."

Xu Jinqiu frowned, unsure how to respond.

The second child is his own flesh and blood and the main heir, already holding the lion's share of the family fortune. It would be inappropriate for him to say anything else.

Even if the eldest sister and Yuanyuan wouldn't object, there are still many things that are difficult to bring up.

Zeng Ali smiled and said, "Let's put aside the company's assets for now. As for the real estate, we won't distribute it directly, but we need to let the children know about it to avoid them fighting over it in the future."

Zhao Yuanyuan nodded in agreement: "That's good. The houses in Hong Kong, the courtyard houses in Beijing, and the houses in ancient cities and towns can be allocated first."

When Chen Yi and Xiao Xi got married, the houses in the ancient city and town had already been divided up. They just needed to divide them into four more parts according to the same standard.

The rest belong to the second son.

In Beijing, courtyard houses were easily allocated. In Ya'er Hutong, each person had their own house, and the remaining ones belonged to the second son. Courtyard houses in other places were allocated in the same way.

The houses in Hong Kong were easy to allocate. Some had been allocated beforehand, one residential complex for each person, one luxury house for each person, and the rest all went to the second son.

Chen Fan gave a brief explanation, and Zeng Ali and Zhao Yuanyuan had no objections. As for Xu Jinqiu, it would be inappropriate for her to say anything, so she remained silent.

When the children returned in the evening, Chen Fan immediately convened a family meeting, explained the property allocation plan, and asked for the children's opinions. Chen Yanyin's eyes darted around, and she chuckled, "I have no objections. This is enough. I don't want anything else. Don't come to me when we divide the family property again."

"Ouch……"

As soon as he finished speaking, he was slapped.

Chen Yanxi told her to get lost and listen, saying she had no ambition and just wanted to be a couch potato, so she shouldn't have been allowed to give her opinion.

As for the others, they had no objections.

This isn't the first time the family has said this. The business is too big to be divided equally. You should take over as much as you are capable of. We're not afraid you want more; we're just afraid you don't have the capacity to take it all.

Gao Lu listened from the side, and while she was astonished, she was also completely confused as to why the Chen family had so many houses in ancient cities and towns.

Ye Wan was surprised that there was such a division.

Chen Lao Er has taken too much. No matter where the property is located, he takes the lion's share. Won't his other brothers and sisters have any objections?

Hmm... that's how weird it is.

No one, from the eldest to the youngest, had any objections, as if they had discussed it beforehand.

Chen Fan took out a cigarette, lit it, and gently tapped the table: "As for the antiques in the house, you three, the third, fourth, and fifth brothers, are all on the same standard as your aunt."

"The acquisitions after 1992 were all made by the eldest son; the rest were left to the second son."

Upon hearing this, Chen Yanxi hurriedly shook his head: "Dad, I don't need that much. The ones acquired after 1992 are all high-quality products. I'll just take a portion."

Chen Fan took a drag of his cigarette: "If you want to stay at the university, other businesses are unwilling to take over. Besides giving you some shares in the company, we can only give you some belongings."

"Okay, it's settled."

"Let's talk about jade and jadeite. The eldest, third, and fifth sons will receive the same amount as your aunt. The remaining sons will receive half and the second son will receive half."

"Dad, you're the best!" Chen Yan said.

Businesses and such can be discarded if possible, and it's fine to take a larger share of other things. Just throw them in the warehouse and don't have to worry about them.

"Lazy girl!"

Chen Fan affectionately pinched his little girl's nose and shook his head: "These things are settled like this. If anyone has any objections in the future, boss, remember to beat them to death."

"As for the other businesses in the family, I'll say it again: take as much as you can afford, or keep it to yourself."

"Alright, let's disperse!"

After saying that, he took his three wives back to the house to rest. The children were also quite relaxed, but Gao Lu and the Ye sisters looked at each other, somewhat at a loss.

Ye Ling deliberately followed her sister and brother-in-law back into the house: "Brother-in-law, won't your family run into problems by doing this? You're taking too much."

Chen Yanjin touched his nose: "My parents agreed on this before they got married. One person would take the lion's share so that the family's resources wouldn't be divided and could protect the others."

Do you understand what that means?

"Just like in ancient times, the eldest son gets the lion's share? It's just that now there's no eldest son, so they're using the method of choosing the most virtuous over the eldest son?" Ye Ling rolled her eyes at her brother-in-law.

"It's not that I'm stupid, that's the gist of it."

Chen Yanjin shook his head slightly and sighed: "When dividing the family property, I will take the lion's share, but at the same time, the responsibility also lies with me. I will have to take care of the next two generations."

……

On the other side, Gao Lu still looked confused.

It wasn't until Chen Yancheng hugged her that she realized what was happening, and she glared at him angrily: "How come your family has so many houses in ancient cities and towns?"

"Compared to other industries, these are the real treasures. They are all homesteads that can be passed down through generations. As long as the tourism industry survives, we will never have to worry about making a living."

"That's a long story."

Holding his wife in his arms and inhaling her fragrance, Chen Yancheng slowly explained, "In the early 1980s, our country was short of foreign exchange. You should know about this period of history, right?"

Gao Lu nodded and said, "I've heard of it. Back then, in order to earn foreign exchange, they even sold Dongfeng to camels. There were a lot of jokes on the internet about how desperately poor rabbits would sell anything."

Chen Yancheng continued, "Back then, my dad was making money in Hong Kong and had foreign exchange on hand. Uncle Sun came up to us and wanted that foreign exchange."

"The first transaction was HK$1000 million, and the second was US$3000 million. At that time, my father used this money to acquire a large number of antiques, paintings, jade and jewelry."

"And houses in ancient cities and towns."

"Uncle Chen is a genius!" Gao Lu exclaimed in admiration. In the 1980s, antiques, calligraphy and paintings, jade and jewelry, and houses were all inexpensive items.

If they were kept today, they would be worth thousands or even millions.

The key is that it can be passed down through generations.

"That's for sure. Dad has always had a good eye for investment, but we can't learn his methods, and neither can the second son."

Upon hearing this, Gao Lu nodded in agreement.

In the 1980s, who would buy a house in an ancient town? To put it bluntly, it was a pile of dilapidated junk, the kind of house that people would despise.

"Take a rest, you have a cocktail party tomorrow."

Chen Yancheng hugged his wife and kissed her on the lips, his breathing becoming a little rapid.

PS: Second update!
(End of this chapter)