My Lord, you need to stand up!

Chapter 498 I really didn't flirt with the rich woman.
Because Wei Dong actually went to Shanghai and signed an agreement to build a 40-story office building in Lujiazui across the river.

It's like signing a 40-year lease here!
Let Wei Dong be the first to go and build the high-rise building across the street.

Right now, we're in an awkward transitional period where state-owned enterprises don't have the money to build anything, and foreign capital is hesitant to enter.

Moreover, as Wei Dong sensed, the Bund at that time was far from reaching the level of a top-tier scenic spot it would later become.

This group of international buildings, which locals call the North Bund, is perhaps because it contains municipal government buildings, but is also filled with various banks, foreign trade buildings, and the like, making it seem too serious.

Solemn and dignified, as if the door was always closed and the demeanor was aloof and superior.

It's a tourist attraction that locals wouldn't bother visiting, but only fools out-of-towners would foolishly check in at.

Especially after dark, the Bund and the river surface are pitch black before the spotlights and light show, and few tourists visit.

These buildings, which were nationalized, were somewhat dull and lacked the dazzling brilliance they later became.

Not to mention Lujiazui on the other side of the river, neither the locals nor the international community have a positive view of that new area.

Even after the famous TV tower was built, I remember that people in Shanghai still preferred a bed on this side of the river to a room on the other side.

Even veteran security guards in Shangzhou know this joke.

In fact, Shangzhou also had this situation. The machinery factory was located across the river, and it was built to avoid bombing during the War of Resistance against Japan and to continue production.

As a result, the only solution is to use ferries, which naturally prevents the area from becoming a convenient destination and a desirable place for Shangzhou residents to live.

But if Wei Dong knew that once the economy developed and bridges were built across the river everywhere, and private cars were ubiquitous, this gap would be quickly erased.

So, since he wasn't very familiar with the development history of Lujiazui in Pudong, he decided to stay on the Bund for at least forty years to witness his own buildings standing on the other side of the river forty years from now.

Chi Shiming, who had helped him find several building plans from Uncle De, Heinz Group, and others, was itching to pull out a telescope to observe the other side: "What are the plans on the other side?"

This means they already know what they're doing.

The factories, hotels, office buildings, commercial centers, and mixed-use buildings in the western suburbs were all built around the electronics industrial park, which spans several kilometers.

Although it is located in the suburbs, it is only a few kilometers away from Shanghai Airport, near Airport Road.

It is also adjacent to an international community that is about to start construction, which means that a large number of overseas people, foreign experts, compatriots from Hong Kong, Macao and Taiwan, as well as a large number of joint venture factories and companies are in that area.

Those who are the first to own a five-star hotel or office building will have very clear future benefits.

What about here?
Looking across the river at the flat, clear water, one sees an old industrial area that is almost entirely filled with factories and shantytowns, with no sign of any development trend.

Most importantly, looking around, there are no bridges spanning the river, so relying solely on ferries is hardly enough to support a high-end business district.

Wei Dong laughed: "From Tsim Sha Tsui in Hong Kong to Central on Hong Kong Island, separated by Victoria Harbour, both sides have developed vigorously. I predict that the other side will definitely develop as well."

Chi Shiming grinned and said, "Boss, can this place compare to Hong Kong Island? Hong Kong Island can build an undersea tunnel connecting the two sides of the strait. Does the mainland have that kind of money?"

What a difference! In Hong Kong, the Victoria Harbour is only a little over a kilometer long, yet more than a decade ago, Hong Kong spent a huge sum of money to build an undersea tunnel.

When Wei Dong tried to recall the scene carefully, he could only recall a few fragmented images of tall buildings on the opposite bank. He couldn't be sure if there was a bridge connecting the two banks, turning a natural barrier into a thoroughfare.

But he was absolutely convinced that the situation could be changed: "Mingzai, listen to me. If you and I bring Hong Kong businessmen into this project, maybe one or two buildings won't solve the problem, but ten or eight buildings will make things happen. Uncle De used amusement parks to speculate on remote plots of land. Now we are entering the opposite side where there is nothing yet. Isn't that buying at the bottom? And we should bring Hong Kong businessmen with us to buy at the bottom as much as possible."

Chi Shiming was familiar with Jiangzhou, a place where only the locals knew where the most valuable and promising areas were.

Therefore, the real estate career path he envisioned for himself also started in Jiangzhou.

He didn't participate in the Shanghai Electronics Industrial Park, and now that he has HK$50 million in funds, he's starting to have some ideas: "Should we stop the construction of the commercial buildings near the Jiangzhou Injection Factory? Anyway, it hasn't been approved yet."

Wei Dong remained noncommittal: "Let's investigate first. You take some people to investigate the other side. What I want is to face this side as directly as possible, close to the river, so that it can be built into a huge billboard. Moreover, it should be built facing this side from the construction site. This side will definitely approve it instantly. Seize this advantage and don't hesitate."

Chi Shih-ming was both excited and trembling. He only had one or two chances to bid with his chips, but the cards he had weren't very good. Should he take a gamble or play it safe?

He didn't expect that Rang Weidong, who was usually quite steady and cautious, would suddenly make such an aggressive bid.

Gritting his teeth, he thought, "How about I go back and bring Jenny to East China again, and raise over a hundred million yuan..."

Wei Dong stared in astonishment at this guy who was preparing to sell himself and have a backup plan, feeling as if even the little butterfly on his chest had turned its head away.

There was a chuckle behind him; it was clearly Qin Yuye craning his neck to listen.

The two men clicked their tongues in disapproval: "How could you eavesdrop on our discussion of trade secrets?"

The Hong Kong girl argued vehemently, "If Xiaodie can listen, so can I. I'm telling you, Mingzai, you're too concerned about gains and losses right now. Look how calm Ah Dong is. He investigates first, stays calm, prepares all the information, and then considers the money. Do you think Uncle De will give you hundreds of millions more just because of what you and Jenny have done? He still wants to see what you can offer. Besides, Jenny's second brother is watching closely, and there's a high chance he'll sabotage you." This was like a bucket of ice water poured over Chi Shiming's head, and he repeatedly agreed.

It was he who came to Shanghai to coordinate with the Third Battalion Commander and others, which led to the summoning of Wei Dong to take over the International Community project, and then to take over this skyscraper that was required to be outstanding and distinctive.

He handed the folder to Wei Dong: "Actually, for us, building a 40-story building is a completely different matter from building a 20-story high-rise residential building. Moreover, considering the equipment and decoration of commercial office buildings, the total cost should be over 50 million, which is about 100 million Hong Kong dollars. Boss, I will definitely follow your decision, although I am a little nervous."

Wei Dong chuckled: "Comrade Chi Shiming, as long as construction starts this year, that's fine. The key is to rush to get the project approved and start construction, because at this time we basically don't calculate land prices when building large buildings. It's not reasonable for me to bring this up with them, but they're forcing me to build more before the policy is released."

Indeed, telling anyone about this wouldn't cause much of a stir.

Wei Dong took the initiative to remind Jiangzhou and Shangzhou, and they both said they would wait and see. Who among them would dare to mention selling the land?
Even if it's just selling the land use rights, no one at the grassroots level dares to mention it these days.

Super Red Line.

Moreover, if the buildings are constructed in this way, following the same frugal commercial storefront approach that Wei Dong adopted, which doesn't aim to make too much money, the selling price will be extremely low, which can quickly alleviate the housing problem and demonstrate the power of housing reform.

Naturally, they all fell silent.

Only Chi Shiming, who was focused on studying real estate, immediately understood how expensive land prices were in Hong Kong, accounting for more than half of the total housing price!
According to his understanding, this is equivalent to building a house at half price.

They immediately began to calculate.

Qin Yuye finally peeked out to carefully observe the child, then looked up and gestured with his eyes to indicate that there was really a problem.

Wei Dong forced a smile and said, "My real intention in building this building was to use it as an advertising billboard. Your jeans and cosmetics should hurry up and release new products. We need to advertise heavily on it, using the slogan of 'Made in China' to promote self-reliance. We're sure to get support..."

He pointed to the glass pyramid in the distance.

If an ordinary person selling radios or shampoo were to apply like this, it would most likely be difficult to get approved.

What's the point of selling more?

However, as a computer company competing with international leaders for technological influence, it can easily obtain support. Even the office building under its feet and the commercial building across the strait that requested its participation in the construction are all being promoted with the resources that Shanghai can provide.

However, once the building starts construction, they can decide what kind of advertisements to use.

Unexpectedly, Qin Yuye said, "Can I also participate in this building project? You said you would use the overseas funds to make up for it with investments in mainland China."

The jeans were split 40/60 between the two of them, leaving Weidong as a minority shareholder.

However, the foreign exchange reserves of US dollars and Japanese yen were all given overseas to Wei Dong for his use, with the agreement that they would make up for it with investments in mainland China.

Theoretically, he should have given Qin Yuye his 4% stake in Pingqi, but as a Hong Kong resident, it was inappropriate for her to hold such state-owned enterprise shares.

Hearing this, he immediately agreed: "Then I'll calculate it and try my best to guarantee you the shares in this building. Thank you for your support, and I can assure you that this building will definitely make you a fortune for life."

The girl, who was about to turn nineteen, blinked her beautiful eyes, glanced at the opposite bank, and said softly, "What if I told you that I asked this to test whether you would share your assets with me, and that I wanted to support you, rather than actually wanting this building?"

Wei Dong was still unaware of the emotional implications of his words: "Huh? You still think this investment is risky? How about I give you shares in the electronics industrial park? Or I can include the construction of the international community in your investment, that's guaranteed to make a profit, they're actually planning to sell it for around a thousand dollars... wait!"

Without land costs, the construction cost is only around six to eight hundred per square meter, which doesn't mean Wei Dong believes he'll keep all the net profit of two to three thousand per square meter.

A super-large scale of two million square meters!
With profits in the billions, Wei Dong absolutely did not believe that the city's initiative to set such high prices was to allow developers to make money.

The purpose of establishing this international community is not only to immediately address the housing and living issues of various foreign individuals, but also to increase the likelihood of investment in Shanghai.

It is certainly also to obtain the foreign exchange purchased by foreigners for these two billion US dollars. Even if we extend the timeframe to ten years, this is still an extremely important source of foreign exchange income for the country and Shanghai.

But it's obvious that this job should have been done by state-owned assets or Shanghai real estate companies, who would have earned foreign exchange and RMB.

They only entrust it to themselves because they lack the operational capabilities for international markets.

Understanding this point will prevent Wei Dong from being like Chi Shiming, who only thinks about billions in profits and immediately joins the ranks of super-rich.

Because the specific plan had not yet been submitted, Wei Dong was still thinking about how to allocate the lion's share to Hu Hai.

Now, instead of being enlightened, they were told: "We should use the money earned by the International Community as a development investment fund for Shanghai, and invest in the construction of Pudong together with their shares. Hahaha, it seems like we are giving back a lot of profits to Shanghai, but in fact, we are binding them to invest in Pudong with us. In turn, they will strongly support this investment, and we can make a lot of money in Pudong again. Okay, okay, I'll give you the investment shares of the International Community, so you can make money twice. You will definitely have a net worth of several billion before you are thirty!"

Qin Yuye was both annoyed and amused, wondering if this guy was genuinely clueless or just pretending.

This time, he was so shocked that his mouth was agape and he couldn't close it.

(End of this chapter)