My Lord, you need to stand up!

Chapter 329 Guess why I am so knowledgeable

Currently, the domestic elevator market is largely untapped.

Even the real estate development company in Lianjiang Prefecture hadn't realized that the era of high-rise buildings was about to arrive in a frenzy.

All the residential buildings they have built to date are eight stories or less, mainly around six stories, and are brick-concrete structures.

This is the lowest-cost and most technologically mature model.

Anyway, there's plenty of vacant land around the city that can be used for construction, so why spend so much money building such a tall structure?

Even in the entire Jiangzhou, the tallest building is currently the fifteen-story Queen's Restaurant hotel building, then there's the twenty-two-story all-glass curtain wall hotel building under construction next to Jiangda University, and the industrial and trade building that was originally planned to be built last year was also a twenty-story, hundred-meter-tall building, but it was inadvertently rejected by Wei Dong.

He wasn't criticizing the building itself, but rather that such a costly building shouldn't be constructed under a state-run model.

But now he himself is frequently initiating the construction of high-rise buildings.

For no other reason than that this is the real estate model that most easily and quickly solves the housing problem, and it also consumes the least amount of land.

When the entire mainland enters a frenzied real estate era, it will inevitably bring about a super boom in the elevator industry.

There is no doubt about it. Even if the hype fades and the market enters a period of stagnation in 30 or 40 years, those who were the first to try something new will definitely make a lot of money.

Yu Qili's optimism about construction elevators is based on his prediction of a boom in the entire real estate industry, even though he doesn't understand the basic common sense about real estate and construction companies.

But in 1984, when most people, even government officials and industry personnel, were unaware of it, he had already noticed something amiss.

Based on this alone, Wei Dong was deeply impressed by the fact that it was certified by Tianyan.

"How do you want me to help? Lending money or investing is out of the question. You're too much of a troublemaker; I definitely won't do something like throwing good money after bad."

Wei Dong has become a seasoned businessman.

Even with the utmost admiration, one will not act impulsively.

You Qili also said arrogantly: "I won't lend it to you. I'll mortgage the construction elevator project to you. I've already invested 400,000 yuan, and I'll give it to you at half price. Since you're already in the real estate construction industry, you can use this project."

Although it was only his earnings for one day, Wei Dong remained unhurried: "Two hundred thousand, what can I get? To argue with a branch factory whose manager has been arrested?"

Unexpectedly, You Qili said, "Do you remember the advice you gave me when we signed the construction elevator project? After thinking it over, I realized you were right. I invested 100,000 yuan to buy the patented technology, which became the commissioned production model between me and the elevator branch of the machinery factory. So the two prototype machines that came out were also mine. The estimated cost was more than 50,000 yuan, but the actual market price should be more than 100,000 yuan. The value of the physical product and the technology alone is more than 200,000 yuan. Everything else in the project was included."

As he spoke, he pushed a document containing basic information about construction elevators onto the table.

Just looking at it made Wei Dong decide to use today's profits to buy this.

This type of rack and pinion elevator, which can carry two tons of people and cargo, has a maximum height of 100 to 120 meters, which is roughly the height of more than 20 stories.

I can take it and give it to Lao Geng and the others to use.

Not to mention the R&D and production capabilities of Shangzhou Machinery Factory and Jiangda Electromechanical, which allow them to handle the elevator project entirely on their own.
But he remained calm and said, "Wait a minute." After getting permission, he opened the door and gave the documents to Lao Geng to consider whether it was necessary.

He sat back down and, following Chi Shiming's line of thinking, sifted out useful information from the conversation: "Selling for half price at 200,000, are you facing a serious financial problem right now?"

Sure enough, You Qili said helplessly: "The support from above for the private economy is inconsistent, and these bank loan officers are even more treacherous. This tightening of credit actually started at the end of last year, and I have been trying to avoid becoming a target of shell companies. But these idiots are going to use a blanket approach this time!"

He added with some indignation, "Starting today, banks are only accepting deposits and not issuing any funds. As soon as they see any transfer of funds, they will seize it without asking any questions to pay off debts. This is simply killing the goose that lays the golden eggs!"

When asked to share his entrepreneurial experience, Wei Dong said, "In the end, you need to be strong yourself. Once you get some funding or loans, you should first do some quick and easy things to accumulate some of your own capital. Then you won't be so easily manipulated by others."

You Qili was also persistent: "Yes, it's a lesson learned, so I'll mortgage another batch of ships to you. The purchase contract is for 530,000, but I only need 300,000 from you. In fact, as long as these ships successfully enter the Jiangzhou section of the waterway, they will be worth over a million."

Rang Weidong, who earns two or three hundred thousand every day, wouldn't be overwhelmed by such a windfall.

Completely unmoved: "Successfully entered the Jiangzhou section of the waterway? Where are these ships? They could make hundreds of thousands just by setting them on the shore and launching them into the water. Why didn't you accomplish something so good?"

Yu Qili said helplessly, “When I was still in the detention center, I had already thought that the development of Shangzhou and Jiangzhou is inseparable from the Yangtze River shipping. If we can build our own fleet, it will greatly enhance our ability to transport goods to the Yangtze River.”

Wei Dong finally couldn't contain his astonishment and stared in disbelief.

Damn... You really dare to dream.

But he also knew that this line of thinking was absolutely correct.

If it weren't for him, the first private entrepreneur that Jiangzhou City would have fully supported and promoted after it became a separate planning city would have been the son of that shipping magnate.

The only two businessmen who accompanied me to the economic conference in Pyeongjin. In reality, the other party had been a teacher at a school all these years, and was only chosen as a benchmark because of his family background and overseas connections. The so-called first private shipping company, which was established last year, is actually a state-owned enterprise under the city's control.

It's similar to an urban construction company, representing an exploration between public and private ownership.

In the current era without internet dissemination, the outside world is unaware that this shipping company will grow into a super behemoth in Yangtze River transportation, and it seems they have even started a bank.

But Yu Qili was already tinkering with choosing this path on his own!
Wei Dong gained supernatural insight, got to know the son of this shipping magnate, and knew that the other party would have a very large future. He never expected that he would do this!

It's important to know that the two private entrepreneurs that Jiangzhou City is currently promoting are these two.

In contrast, Weidong also has Hong Kong capital, its own sales team, branches across the country, several main products, and a 100,000-square-meter factory under construction in the Economic Development Zone. Currently, its importance in the city even surpasses that of that other company.

Because that project only started last year, and they're still struggling to build the ship!

Yu Qili had actually already bought the boat.

Wow, you're really something else. All I can do is stand there and ask, "Where did you buy it?"

You Qili couldn't help but show a complex expression of pride and helplessness: "You know about the Dukou Steel City, which started construction in the late 1960s. It's located on the Jinsha River section of the upper reaches of the Yangtze River. It started production in 1974, but it didn't reach a production capacity of 1.5 million tons until 1980. These are a batch of old barges they built ten years ago, used for transporting goods from the mine to the smelter. Now that they've completed the internal railway transport, they're idle and still in their best working condition. All thirteen of them are 100-ton barges, and now each one costs more than 150,000 yuan."

You can break even with just two!

It sounds outrageous, but Dukou Steel City was the pinnacle of the Third Front construction. That place has the world's richest mineral resources. It can be said that it was the leader of the Third Front construction. No matter how many billions the country invested in it, it was worth it. It will continue to produce and shine for the next thirty or forty years.

Therefore, it's not impossible for items used during this process to be sold at a discount.

But Wei Dong's mind, which had been influenced by the chaotic mix of information from the later internet era, had a general impression: "It seems that it's not possible to navigate to Jiangzhou from there, right? You have to go through Tiger Leaping Gorge, which is completely impassable by boat! Haha, so you didn't understand this at all, and now you're stuck with the boat, aren't you?"

There is a huge news event here. In the 1980s, the whole country and the people were awakening to reform. For example, Rang Weidong's self-driving tour was a pioneering move.

Some people have also begun to risk their lives to measure the entire country, the Yangtze River, the Yellow River, and various famous mountains and rivers with their bodies.

Wei Dong admired these people. Unlike the tourists who later became showy and bourgeois, these people were genuine explorers.

He clearly remembers that in the last two years or so, there was a Yangtze River rafting boat that, under the watchful eyes of the entire nation, thrillingly drifted from the source to Shanghai before completing its journey.

Then the whole nation was educated that the Yangtze River basin above Jiangzhou is called the Jinsha River, and there is a considerable section with many dangerous rapids and drops. The huge, tire-like round rubber raft was smashed down from a great height in the footage, which caused quite a stir.

It truly boasts the highest traffic nationwide and tops the trending search list throughout the year.

When the bright orange rafts lazily drifted past Shangzhou, the whole city lined the riverbank to watch the spectacle.

That was the only time in Wei Dong's forty years that he had ever seen the entire city gather together; it was unprecedented and would never be repeated.

It's obvious that he hasn't drifted yet, so Yu Qili doesn't know this "common sense"!
Not to mention barges, even the rubber rafts were round and could be flipped over and smashed at will, just to barely drift across, and it seems some people even died.

There's absolutely no way your hundred-ton barges could go downstream!

Sure enough, a hint of embarrassment and awkwardness flashed across You Qili's face: "Yes...you have a wide range of knowledge. I didn't even know there was such a difficult section of the Yangtze River. They told me that as long as the goods could be transported to Jiucheng, they could reach Jiangzhou. So after signing the contract and making payment, I went there to pick up the goods. Several attempts to explore the river failed because of the treacherous rapids and the irregular riverbed, preventing the goods from entering the Yangtze..."

Wei Dong immediately retorted: "If it can't even get into the Yangtze River, why are you selling it to me? You're not just being shady, you're ripping me off! Luckily, I have common sense, not knowledge!"

Yu Qili must have been blinded by greed and made assumptions at the time: "I heard that a waterway can be opened up. I can't wait any longer. I can operate and make a profit by doing freight in that area first."

Wei Dong looked at him like he was an idiot: "Do you think I'm as arrogant as you? This deal is obviously a scam. You think you can find someone to take over after 300,000? Save your breath... How big is that ship?"

You Qili quickly flipped through the folder: "It's a small barge for the tributaries of the Jinsha River, 22...2 meters long, 5 meters wide, 40 tons in weight, and 150 tons in displacement. When it's used on the Yangtze River, several of them will definitely need to be tied together and fixed to the pushboat."

This kind of scene is very common for people who grew up by the river.

However, the image that came to Wei Dong's mind was undoubtedly his own professional moving company.

That was a special transport team that had fought countless tough battles, specializing in moving oversized items for large enterprises. Now that there's no more major construction, it's been left idle.

Among the dozen or so vehicles that remained were an extremely rare Hino large trailer and a trailer flatbed with a long row of wheels.

It seems like this is a unique business that only I can do!

Right? Short videos of these large trucks being moved are quite popular.

(End of this chapter)