A century-old wealthy family that rose from Shanghai

Chapter 153 Proposal
Chen Guangliang’s first stop was the Shanghai Savings and Commercial Bank, where he met with Chen Guangfu and sought loan support.

When Chen Guangfu heard that Chen Guangliang wanted to buy land worth 240 million yuan, his expression became serious. He did not expect Chen Guangliang to be so bold.

"How are you going to develop the land, or build residential units and sell them in strata?"

Since Chen Guangliang had deposited the down payments for the 122 buildings he had recently purchased at the Shanghai Savings and Commercial Bank, Chen Guangfu was quite familiar with Changjiang Real Estate. He even did some calculations for Chen Guangliang, finding that from this project alone, he had made a profit exceeding one million yuan.

This is a business genius!
Therefore, Shanghai Savings and Commercial Bank could support Chen Guangliang, but it did not expect the project to be so large.

Chen Guangliang immediately said confidently: "I haven't decided yet, but after I sell the remaining projects on Yuyuan Road, I believe the profit in my hands will be enough to hold this piece of land."

Chen Guangfu also realized what was happening and asked, "How many buildings does Changjiang Real Estate have for sale on Yuyuan Road?"

Chen Guangliang said this time: "About 270 acres of land can be used to build houses!"

He is very powerful. He is probably the fastest rising rich man in Shanghai. The key is that he now controls the Oriental Daily, one of the "Three Major Newspapers in China".

"Our loan limit here is no more than 80 yuan, of course you still have deposits with us!"

The savings can also be used. After all, the construction costs are not a one-time expenditure, so it is no problem to take out 200,000 or 300,000 yuan.

However, Chen Guangliang certainly doesn't need it. His credit is not enough to prevent him from borrowing even 240 million yuan.

At least seven or eight banks and money houses had approached him before, all offering to provide him with loans, after all, his credit was already very good.

"Okay, I'll just borrow 80 yuan. Once Changjiang Real Estate finalizes this project, I hope you can withdraw it at any time!"

"Let's just assume the interest rate is 10%. You know, if it weren't for the current market conditions and your good credit, it would be difficult to get a 10% interest rate."

There are no special offers, but it’s a normal interest rate.

Chen Guangliang didn't say much. The annual interest rate of 10% was just a drop in the bucket for him.

Chen Guangliang's side went smoothly. A total of six banks and money houses agreed to provide him with a "committed" loan of 260 million. Of course, the loan would only be counted after the money was withdrawn.

However, Sun Chunsheng from Jinxing Business Company was very depressed.

Originally, by chance, he learned that several important directors of the Majestic Hotel intended to sell the Majestic Hotel and the surrounding 60 acres of lawn land. He was also familiar with British law and knew one thing - as long as the executor of the Majestic Hotel exercised the rights granted by the board of directors, the objection of other shareholders would be invalid.

Based on this, he negotiated with several directors including Kadoorie and Humphries, and finally negotiated 220 million oceans.

Unexpectedly, while he was raising money, things suddenly changed - Jardine told him that other people were involved and he could only win the land by re-bidding more than 240 million silver.

"Damn it, foreigners are really bad people. They change their minds just like that!" Sun Chunsheng was so anxious in the office that he kept cursing.

You know, he has no ability to develop this piece of land, so his idea is to resell this piece of land to his "old boss" Ye Guang Company, and with his "suggestions and plans", let the old boss buy this piece of land at a higher price.

In this way, he can earn three or five hundred thousand dollars.

He had done this two or three times before, accumulating a considerable amount of capital, and then spent 100 million yuan to develop the "Sun Apartment" and other real estate projects on Weihai Road.

"Who is it?"

Sun Chunsheng couldn't figure out who was intercepting him.

"Could it be that Yeguang Company has taken a fancy to me? If so, they will definitely not let me profit anymore."

"Besides, even if it wasn't Ye Guang Company, if it were any other real estate company, I might not be able to compete. The key is, the profit margins here are already slim. Should I take the risk?"

"Or maybe, Kadoorie and the others are deceiving me and just want me to raise the price?"

With these thoughts in mind, Sun Chunsheng began to have a headache.

After all, the current situation is that he has to give up his profits, but the risks have not been reduced.

He is already heavily in debt, and he is hesitant to make a decision for the time being.

Opportunities often pass by in a flash!
When the seven days were up, Chen Guangliang, accompanied by his lawyer Wu Kaisheng, subordinates Guo Deming and Lu Yuantai, came to the Dahua Hotel in a mighty procession to sign the sales contract with Kadoorie and others.

Chen Guangliang also recently learned why Kadoorie and other directors of the Majestic Hotel wanted to sell the Majestic Hotel and the surrounding land.

The reason is that the Majestic Hotel is an old-style luxury hotel in Shanghai, but now new-style luxury hotels are preparing to open as if by appointment, including the Cathay Hotel.

So the object of this transaction is 4 acres of land including the Dahua Hotel (a four-story building), and the building also belongs to Chen Guangliang.

As for the Majestic Hotel, it can be entrusted to the Shanghai Hong Kong Hotel for temporary management until it can be taken over smoothly.

"Congratulations, Mr. Chen, your offer finally won our hearts, so we can sign the corresponding contract today!" Kadoorie said happily.

After all, getting an extra 15 taels of silver for no reason is definitely worth it.

Chen Guangliang was also very satisfied and said: "Thank you, I have always believed that our sincerity is the best."

To put it bluntly, this time we have to thank the "traitor" Humphries Jr. for telling him the bottom price.

Of course, according to the rules, Chen Guangliang had to pay 5 yuan to Little Humphries, which was also a considerable fee.

Next, the two lawyers began to check the contract, and Chen Guangliang also carefully considered the details.

It is not that you will be cheated, after all, the relevant road deeds, house deeds, etc. are all complete, and there is a lawyer on site.

235 million does not include taxes and fees. Based on the land, the final cost will be around 260 million.

The contract signed on that day was only a 'contract of cancellation' and would not be officially handed over until late November; the cancellation fee was 11 yuan (equivalent), and the remaining balance would be paid in one lump sum in late November.

After signing the transfer agreement for the Dahua Hotel and surrounding land, Chen Guangliang did not wait for the transaction, but planned to do something important.

One day in early June.

Chen Guangliang took Fang Jiaobo, a good man from the Ningbo Shanghai Association, to the Yan family garden villa.

Yan Zijun and his son Yan Zhiduo met with the two in the living room.

Originally, Yan Zijun had retired due to illness, and most of the business was basically managed by his eldest son Yan Zhiduo. However, since Fang Jiaobo came to visit today, he also took the time to come out and receive him.

Fang Jiaobo introduced Chen Guangliang to Yan Zijun: "Mr. Yibin, this young talent is our Ningbo's rising star Chen Guangliang. He is a good businessman, no worse than Adege (Yu Qiaqing) in his time."

Why compare Chen Guangliang and Yu Qiaqing? Because both of them started from scratch. Back then, at the age of 14, Yu Qiaqing came to Shanghai to make his living. One day, he went barefoot to his former employer for an interview. Coincidentally, his former employer had dreamed of the "Barefoot God of Wealth" during those days, and thus Yu Qiaqing gained his former employer's trust.

Yan Zijun looked at Chen Guangliang and said with a smile, "I've heard of it. In fact, he is much more powerful than Hede (named Hede, courtesy name Qiaqing) when he was young."

Newspaper industry, industry, real estate, each of these industries is outstanding.

Furthermore, Chen Guangliang started out in the car dealership industry, and his ability to "whitewash" himself from such a chaotic environment fully demonstrates his ability. (In fact, he mainly relied on Gu Zhuxuan, but did not become his disciple, in order to survive in the car dealership industry.)

Chen Guangliang quickly said, "You two seniors are too kind. I am just a latecomer and have a lot to learn from you."

No matter how much others praise him, Chen Guangliang always maintains a humble attitude, because he believes in doing things in a high-profile manner and being a low-key person.

Then the four of them sat down.

There is a detail here. When Yan Zijun sat down, Yan Zhiduo supported him. It seems that his health is not good and he is not yet sixty years old.

Afterwards, Fang Jiaobo took the initiative to speak: "This time, the two of us came to visit the Yan family because Guangliang entrusted me to ask for marriage from the Yan family!"

When the news came out, Yan Zijun and Yan Zhiduo were a little slow to react.

Then Yan Zhiduo said uncertainly, "Which one of our Yan family members did Guangliang take a fancy to? How come I didn't know you had met them?"

He had some guesses, but was not sure.

Chen Guangliang immediately said generously, "I'm interested in Miss Yan Renmei. I've met her once before. This year, I went on an outing to Sheshan and happened to run into Miss Yan Renmei and her classmates. I fell in love with her at first sight, so I boldly asked for her name. However, later on, considering that marriage is a matter of parents' decisions and matchmakers' words, I didn't bother her anymore. Now, I think I've established myself and should seriously consider starting a family, so I've boldly come to ask for your help!"

Yan Zijun stroked his beard and looked at Chen Guangliang carefully. Just from his facial features, he was already stunningly handsome.

A person's luck has its own characteristics. He saw the imposing aura in Chen Guangliang (actually it might be because he was handsome and very confident and calm).

However, he did not give any authority on this matter, and the eldest son decided it himself.

Yan Zhiduo naturally had a very good impression of Chen Guangliang, but he remembered something and asked, "I see. But I'm curious, Guangliang, why did you take the initiative to borrow money from our Yan family?"

Chen Guangliang said generously: "I am worried that Uncle Yan doesn't understand me well, and I am waiting for Changjiang Real Estate to make real money and become a good match for the Yan family before making a decision."

To be very clear, I don't want to marry into your Yan family, but I think I have the ability to be a "match".

Yan Zhiduo nodded, then said, "This is a good thing, but after all, this is a serious matter. Our Yan family needs to discuss it again and give you a reply."

Chen Guangliang nodded immediately and said, "Of course. Also, I know that Miss Yan Renmei is still studying at the Zhongxi Girls' High School. If this goes through, I will support her in continuing her studies. After all, I have been self-taught and understand the importance of knowledge."

I hope Yan Zhiduo can pass this sentence to Yan Renmei, so that it doesn't sound like he is forcing her to get married.

Unexpectedly, Yan Zhiduo said nonchalantly: "It is normal for men to read more books. As for whether girls read books or not, it doesn't matter. You don't need to worry about it."

Uh, I didn’t say that to you!
The Yan family is indeed a feudal family, and it seems that Yan Zhiduo does not value his eldest daughter very much.

Seeing this, Fang Jiaobo, acting as a matchmaker, said at the right time: "For this marriage, Guangliang said he has prepared a betrothal gift!"

After saying that, he signaled Chen Guangliang to show his sincerity.

Chen Guangliang said generously, "Of course it's not a betrothal gift. I've always wanted to strengthen my cooperation with the Yan family. Here's the thing: I recently found a great piece of land. It's a full sixty acres, and it's located on Nanjing West Road. Whether it's land speculation or real estate, it's definitely profitable. Of course, my idea is to develop this land into a large residential community. So, I'd like to ask the Yan family to invest, and I guarantee that the profit will reach more than 5% within three years!"

Yan Zhiduo's expression changed immediately, giving the impression that his eldest daughter was not as important as profit. He immediately asked, "Are you planning to sell this project in layers?"

"Ahem." Yan Zijun coughed, as if reminding his eldest son not to rush for quick success. Then he said, "I'm not feeling well. I'm going to rest for a while!"

"Mr. Yan, let me help you!"

Chen Guangliang flatters a lot.

"Haha, young man, you're pretty good. This old man is optimistic about you!"

"I'm in need of guidance from elders like you. I hope you don't mind!"

No matter how corny the words are, you have to say them for the sake of your wife!
What's more, he himself is not weak, so he is confident.

After Yan Zijun left, Chen Guangliang explained the project in detail.

He plans to develop the 60 acres of land into a large community, with about 50 acres used for four-story villas; the remaining 10 acres will be used for supporting facilities such as commercial facilities and a primary school.

As for the Dahua Hotel itself, the building occupies an area of ​​about 4 acres, so even if it is demolished later, it will not be a big problem.

All shareholders only need to invest according to the land price, and the subsequent construction costs will be raised through "installments and layers".

Seeing that Yan Zhiduo was eager to form a partnership, Chen Guangliang added, "If Uncle Yan is interested, you can take a 3% or 4% stake. I guarantee you won't lose money."

This is a betrothal gift, so don't be stingy.

Yan Zhiduo laughed and said, "There's no guarantee against losses. Investing is inherently risky. How about I buy a 40% stake?"

He had personally witnessed the credibility and strength of Changjiang Real Estate, so how could he not believe in Chen Guangliang's superb management? Therefore, he made a huge investment.

This wealth of more than one million oceans was already a huge investment for Yan Zhiduo. After all, although Yan Zijun had a lot of wealth, he only gave a part of it to the eldest son, and the other children also took away a lot.

"Okay, I'll take 55% of this project, and the remaining 50% will go to Uncle Fang."

As the matchmaker this time, Fang Jiaobo has always taken good care of Chen Guangliang, a younger generation from Ningbo, so he also got half of the investment rights this time.

Before coming here, Chen Guangliang had contacted several banks and had secured at least 260 million yuan in loan support, which currently seems to be more than he can use up.

Yan Zhiduo smiled at this time and said, "Guangliang is still very capable. By the way, I basically agree with your marriage to Renmei. I will discuss it with my family later!"

This 'bride price' is quite large, so I have to agree to it.

He understood that Chen Guangliang was not short of funds. After all, Changjiang Real Estate had such a good reputation, so it was not difficult for him to obtain a loan of more than 2 million yuan.

It is said that Changjiang Real Estate made millions of silver from the batch of villas sold last month alone.

In addition to his trust in Changjiang Real Estate and Chen Guangliang, he really felt that this "bride price" was very large. He did not agree on the spot, but was just being polite.

(End of this chapter)