The arrogance started from Chinatown

Chapter 295 Chen Zhengwei: I’m bankrupt?

In the club, Benjamin Arnott, the major shareholder of the shipyard, signed his name on the transfer agreement, and then said with some sadness: "Mr. Chen, the shipyard is yours!"

Arnott was a fifty-year-old man with red eyes.

This shipyard is his hard work.

"If you are so reluctant to leave, you can come to work in the shipyard. I will arrange a good position for you!" Chen Zhengwei took the transfer agreement with a smile.

He also has several transfer agreements and share contracts on hand.

"It's just a momentary emotion. After working so hard for so many years, I want to enjoy my life after retirement!" Benjamin Arnault forced a smile.

How could he possibly work for Chen Zhengwei? He was just sighing for a moment.

He was only fifty years old and was going to Chicago to start over!
The henchman next to him put a bag of money on the table and signaled Benjamin that he could take it.

Several other shareholders had just signed the agreement and were sitting aside.

After a while, when Benjamin had counted the items, everyone left, leaving only two small shareholders.

"Chen, congratulations! You made a good deal!" Jones smiled and sat down opposite Chen Zhengwei.

He is one of the two small shareholders, owning 13% of the shares.

The shipyard had previously borrowed money from him when it was building a wet dock.

The other shareholder who owns 5% of the shares is the current head of the shipyard.

"Mr. Chen!"

"You sit down too!" Chen Zhengwei smiled, took the cigar from his henchman, and threw one to Jones and the shipyard manager respectively.

"I never thought that you, Jones, were also a shareholder!"

"After all, the circle in San Francisco is so small, and you know, I'm an investor..." Jones said with a smile while cutting a cigar.

"I have always been optimistic about the Salitto Shipyard. Although it is a medium-sized shipyard, it has developed very well. Now that you have become a major shareholder, I am even more optimistic. I think I can pass this share to my children. It will be their precious wealth."

"So you have good taste!" Chen Zhengwei laughed.

He had a good relationship with Jones, and as for the shares in the shipyard, it didn't matter if he kept them.

Moreover, Jones has a wide range of friends and could be of some use to Chen Zhengwei.

"Can the shipyard start building ships now?" Chen Zhengwei asked the person in charge.

"Any time! What are your plans, Mr. Chen?"

"A cargo ship with a carrying capacity of 5000 tons can be converted into a gunboat! How much will it cost?" Chen Zhengwei asked directly.

"15 to 20 US dollars, it depends on the requirements!" The person in charge said honestly. He didn't expect Chen Zhengwei to make such a big move just after buying the shipyard.

Jones looked thoughtful. When he heard the request to change it into a gunboat, he immediately thought of the war currently taking place between Chile, Peru and Bolivia.

In addition, Chen Zhengwei is a Chinese, and the shipping trade from San Francisco to China is also very profitable.

For example, opium.

Therefore, Chen Zhengwei’s shipbuilding business is a sure win.

As for the shipyard, it makes money from building ships. The more Chen Zhengwei builds, the more the shipyard makes.

"Give me the drawings and shipbuilding plans once they are completed!" said Chen Zhengwei.

"We're going to build two freighters next!"

"Okay, Mr. Chen!" The person in charge nodded.

After the person in charge left, Chen Zhengwei and Jones chatted for a while. Jones asked, "Chen, is your club still short of funds?"

Jones has always wanted to invest in Chen Zhengwei's club. After all, he knows that the club's monthly profit is equivalent to the assets of a medium-sized factory.

So the old matter is brought up again.

Chen Zhengwei thought about it and said:
"Okay, for $20, I can give you 5% of the shares!"

Jones didn't expect Chen Zhengwei to agree, but he didn't expect Chen Zhengwei to suddenly agree at this time, which made him stunned.

"This is such a surprise!" Jones' face was filled with a bright smile.

At the same time, he was calculating the price in his mind. That is to say, in Chen Zhengwei's opinion, the club is worth 400 million US dollars?
This price is really outrageous.

However, the club's greatest asset is not the club itself, but Chen Zhengwei's influence in San Francisco.

The club is making money, can't others see it?

With hundreds of thousands of yuan in income a month, who wouldn't be jealous? But no one dared to open a second store to compete with Chen Zhengwei.

As long as someone has this idea and some news spreads, Chen Zhengwei's people will come directly to the door with guns.

This is the club's real asset.

As long as Chen Zhengwei is alive, the cost will probably be recovered within a year. How long the profit can be made depends on how long Chen Zhengwei lives.

As for Chen Zhengwei losing power, that is impossible.

For people like Chen Zhengwei, there are only two options: glory and death.

As long as he shows any signs of weakness, the wealthy people in San Francisco will not let him go.

"You know, I'm not short of money. But money is something that one person can never make all. I need some partners!" Chen Zhengwei said with a smile.

He was attracted by Jones' connections, especially since he had been working on a plan recently to drain the San Francisco Savings and Loan Association. When a run occurred, he would need to prevent other banks from lending cash to the San Francisco Savings and Loan Association.

Although he could do it himself, it would take time and effort, and he couldn't go to people's homes with a gun and point it at their heads every time.

At times like this, having an investor like Jones who has a wide network of contacts can come in handy.

"You are the most far-sighted person I have ever met! I agree to invest 20 US dollars in the club!" Jones laughed after thinking for a moment. He appreciated Chen Zhengwei's words.

Not everyone is willing to share their profits with others.

More people want to take all the benefits into their own hands.

"Everyone says so!" Chen Zhengwei agreed with Jones' words.

What Jones said was not a compliment, but the truth!
After Jones left, Chen Zhengwei returned to the office.

"Uncle Wei, these are the accounts for last month!" Wan Yun walked in with the account books, placed the two account books in front of Chen Zhengwei, then walked behind Chen Zhengwei to help him massage his temples and shoulders.

Chen Zhengwei took a look and found that the club's income last month was only 26, but it was not a big problem. The bulk of the club's income came from the casino, and the casino's income fluctuated.

In addition, the casino made a profit of more than 3 yuan by lending money to those gamblers last month.

The total is about 30.

In addition, the labor company made a profit of more than 8 last month, while the security company made less than 1... You have to know that Chen Zhengwei occupies half of San Francisco, and it is the most prosperous area. This is mainly because the security company has too many people, more than a thousand henchmen, and it costs more than 4 yuan to pay them a month.

Therefore, protection fees are not profitable at all, they are purely for the purpose of maintaining followers and expanding influence.

In addition, the casino in Chinatown also made more than 20,000 yuan last month.

Now that the Chinese in Chinatown have no opium to smoke, the only way to kill time is to go to the casino.

With wages also increasing, the casino’s revenue naturally increased.

In addition, the smuggled cigar, liquor and cigarette factories made a total profit of nearly 6 last month.

In addition to this, there is a new source of income, which is slot machines. Last month, more than 100 slot machines were installed in San Francisco. On average, each machine can earn $21 a day.

Although it has been less than a month, it is now the beginning of May, so the accounts for last month have also been reported.

In addition, there are many miscellaneous industries, such as iron factories, H comics, and printing factories. These have low profits, so Chen Zhengwei just glanced over them and skipped them.

"Last month, the total revenue reported by various companies was 760,000, and the profit was 520,000..."

Such a high profit ratio is entirely dependent on a large number of no-cost businesses, such as casinos and slot machines.

The profits from smuggled cigars, liquor, cigarette factories, H comics, etc. account for about half.

The ironworks' profit was only 12%.

In addition, the mine and the food processing factory jointly run by Chen Zhengwei and Liang Yiyue, chairman of the Zhaoqing Guild Hall, have no income at present, but Chen Zhengwei does not care about that little profit.

Then Chen Zhengwei picked up another account book.

Last month's special expenses included nearly $50,000 for the Bureau of Investigation, $300,000 for the governor, $30,000 for James Audis, and $100,000 for sending a ship to Peru to pick up people.

"So I made 40,000 yuan last month?" Chen Zhengwei wanted to throw the account book away.

I’m Mr. Chen from San Francisco, and I only make 40,000 fucking dollars a month?
"Uncle Wei, you also bought 38260 acres of farms, with an average price of 18 dollars per acre, and the total cost was 65..." Wanyun smiled and reminded gently.

Chen Zhengwei previously bought a 25-square-kilometer farm and spent almost all the money he had saved in February and March.

"In addition, more than 4000 Chinese came to San Francisco this month, of which more than 800 people had their boat tickets paid by Wei Ye, 80 dollars per person, a total of 6 dollars. There were also more than 5 women, who were bought by Wei Ye, spending 100 US dollars..."

Wanyun had no objection to Chen Zhengwei buying those women. She could empathize with what those women had gone through.

At least with Chen Zhengwei, those women can work in factories or find someone to marry, as long as someone can pay back the money.

However, Chen Zhengwei also gave a girl named Anna a house worth 20,000 US dollars, and this was the most important thing in her mind.

In her eyes, this house is much more prominent than those accounts worth hundreds of thousands.

"Master Wei, the money you used to buy the shipyard today was from a mortgage loan Schultz took out from the San Francisco Savings and Loan Association." Wanyun added "kindly" at last.

"So how much money do I have left in my account?" Chen Zhengwei felt that he was very angry. He usually didn't care about the accounts. He only knew that he made a lot of money every day and could become a millionaire in a few months. He didn't expect that he would spend it faster than he earned.

Just now he was telling Jones that he had no shortage of money!

He was now thinking of remortgaging the farms at the Bank of California.

Wan Yun was silent for a while, then said faintly:

"58 million..."

She had to handle those accounts every day, so she knew how much money Chen Zhengwei had in and out every day. Any amount was an astronomical figure for ordinary people.

Especially Chen Zhengwei always has some inexplicable income.

However, this kind of income has been less recently, after all, fewer people have died in San Francisco recently.

The 58 yuan mainly consisted of more than 30 yuan in cash sent back to Yixingtang from the Old Silver Mountain.

They also stole more than $20 from Chicago residents.

In addition, the batch of goods that were snatched back from the Jews was put on the medicinal materials market by Rong Jiacai and sold to those pharmacies, and now he has recovered tens of thousands of yuan.

"Damn, you scared me. I thought I was bankrupt!" Chen Zhengwei immediately pulled Wanyun onto his knees and spanked her on the butt a few times.

I was almost scared to death by her.

Wanyun let out a slight humming sound from his nose, and there seemed to be waves flowing in his eyes.

After beating her twice, Chen Zhengwei still felt unsatisfied, so he carried her back to the bedroom next door and gave her a good beating. This girl has been acting naughty lately!

An hour later, after cleaning up Wanyun, Chen Zhengwei sighed, cigarette in mouth: "Damn, this money went out too fast!"

After learning that he was going to invest, the boss of Bell Telephone Company dealt with the matters at hand and is now on his way to San Francisco.

Next, we will have to invest a lot of money in the factory on the farm.

There was also a large purchase of materials for making gunpowder.

The most important thing is to acquire the San Francisco Savings and Loan Association, which will require at least millions of dollars.

Fortunately, Chen Zhengwei already had a target, a large amount of cash that the Bank of California was ready to transfer.

Otherwise he would have planned to rob a bank.

Although it makes no difference.

……

"How about it? Can it be made?" Chen Zhengwei looked at the several master blacksmiths in front of him, who were responsible for producing firearms in his own iron factory.

The drawings held by several master blacksmiths were of the two types of firearms designed by Chen Zhengwei.

One is an imitation of the Big Black Star, with a seven-round magazine, simple structure and great power. He has played with this gun before.

The other one is more similar to the Thompson submachine gun, but its structure is simpler than the Thompson submachine gun and uses a 20-round .44 pistol magazine.

"It can be made, but the structure of this kind of gun is much more complicated and requires a high degree of precision. If we want to make it, the cost will be very high." Several old masters said after discussing for a while with the drawings in hand.

These two types of firearms require extremely high levels of precision, and current equipment cannot process them at all. They need to be filed out bit by bit, and only a few people in the factory can do this kind of work.

"Thanks to Mr. Chen for acquiring two more metal processing plants, otherwise the springs produced by the iron plant would not meet the requirements with its manufacturing process!"

In these two types of firearms, springs are required in several positions, and the performance requirements of the springs are very high.

The springs produced by the original United Iron Works did not meet the requirements at all, but the two metal processing plants that Chen Zhengwei had just "acquired" were able to produce them.

"Then you can make a few samples first, and then study the production process!" Chen Zhengwei was in a good mood when he heard that they could do it.

"Do this well, and I will leave you shares in the new factory! At that time, you will only be responsible for improving the technology and training apprentices!" Chen Zhengwei waved his hand. He has always been generous to capable professionals.

"Thank you, Mr. Chen!" Everyone was delighted when they heard this.

　My schedule has been reversed again recently. I'll find some time to reverse it after a while.

　　
　
(End of this chapter)