A century-old wealthy family that rose from Shanghai

Chapter 165 The Great Depression is Coming

Changjiang Car Dealership currently owns a total of 406 large license plates, 60 small license plates, and 50 Zhabei license plates, totaling 516 vehicles; the previous illegal vehicles have all been disposed of and are no longer in operation.

This time, the equity restructuring estimated the assets of the entire Changjiang Car Dealership (excluding the management fees on the books) to be 35 yuan, or 3.5 shares (each share is still worth 10 yuan).

Now that the rent has been reduced, the estimated monthly net profit from rental income is about 1 yuan (after deducting the monthly tax of 2 yuan per vehicle, 8% for the dealership management, maintenance fees, etc.).

After calculation, the rate of return is indeed at the level of recovering the investment in three years, but it is still much higher than the bank's interest rate of 5 or 6 percentage points (which has been reduced).

So once the news spread, it caused a huge discussion among the drivers of the Changjiang Car Dealership.

A rickshaw driver, puffing on his pipe, complained with a look of dissatisfaction on his face, "I invested three shares (30 yuan), and now they say the quarterly dividend is only 2.5 yuan, which means the annual dividend is 10 yuan. That's a huge drop. I used to get a little over 2 yuan a month, so that's about or yuan a quarter!"

As one of the earliest rickshaw drivers to invest, he has become accustomed to enjoying high dividends.

"Old Zhou, I'm not saying anything bad about you, but the car dealership has also reduced the rent, why didn't you say anything?"

"That's right, Old Zhou. People should be grateful. You've already made a profit on your principal twice. And didn't the car dealership say that anyone is welcome to withdraw their shares? If you think it's not worth it, just withdraw it. You'll get your thirty dollars back!"

Lao Zhou's remarks quickly attracted attacks from those who later acquired shares.

"I'm just saying this casually. If anyone wants to withdraw their shares, don't say anything nonsense!" Lao Zhou said quickly: "The boss and I are friends. We used to pull carts together, and you don't even know where we are!"

Now no one dared to say anything more. Who knew if Lao Zhou really had a relationship with the boss!
As far as they know, Lao Zhou not only received a lot of dividends at the beginning, but he was also one of the first drivers to drive a three-wheeled rickshaw. Maybe the boss really cares about him!

Although the drivers who had previously invested in the company had some complaints, they chose to keep quiet under the conditions of "rent reduction" and "refund of principal at any time".

The vast majority of the drivers of the Yangtze River Coach Company were in a frenzy.

"Boss, you're such a kindhearted person! You lowered the rent twice a year, while others raised it twice. You're such a kindhearted person!"

"That's right. Besides, our Changjiang Vehicle Company was the first to switch to three-wheeled rickshaws. Leasing this type of vehicle can bring better business and save more labor."

"That's right, I don't feel as tired as before when I ride my bike now. I have no problem living to over 40!"

"Speaking of three-wheeled rickshaws, they were invented by our boss. He originally wanted to improve our lot, as we were living under such heavy workloads. It's safe to say that many people now want to get into this industry!"

With the introduction of three-wheeled rickshaws, "rickshaw puller" has become a popular profession, because it is no longer a simple physical laborer, but the income is still good, generally around 12 oceans.

The key point is "the more you work, the more you earn", which is what many people yearn for.

the other side.

Under the new equity structure, Chen Guangliang's personal interests have actually been reduced a lot.

He holds about 75% of the new share capital, and the monthly dividend has been reduced to 7500. It should be noted that the monthly dividend in the early stage was more than 8500 (excluding commodity wholesale).

Of course, it's all worth it. After all, people can't rely on the small profits from the rickshaw shops to make a living, but the rickshaw drivers' livelihood depends on it.

"Brother Zhou, Lin Feng, how many people in our security company are still unmarried?" In the car dealership's office, Chen Guangliang called Zhou Xinggao and Lin Feng and asked.

Currently, Changjiang Security has a total of 20 bodyguards, including 2 silver bodyguards, 8 bronze bodyguards, and 10 ordinary bodyguards. In addition, there are more than a dozen "reserve team members" working as security guards at property management companies.

The salary of an ordinary bodyguard is 25 yuan, that of a bronze bodyguard is 50 yuan, and that of a silver bodyguard is 100 yuan. In addition, there are various welfare systems.

Now Zhou Xinggao is the 'captain' and Lin Feng is the 'deputy captain and leader of the personal bodyguards'.

Zhou Xinggao then said, "There are still eight unmarried people, and everyone is waiting for you, boss, to organize a blind date!"

Chen Guangliang immediately said, "Okay, I'll ask the rickshaw drivers and the neighbors in Fangua Lane to gather their daughters who have good conditions and set up a matchmaking event for the brothers."

He attached great importance to the mental health and social control of the "security company" team members, and would never affect their chances of becoming "insiders" and "accomplices" to kidnap their boss Chen Guangliang.

As a modern man, he has too many ways to brainwash these bodyguards, such as "team building", taking everyone to outdoor activities, and sitting down to brainwash everyone.

Of course, the "welfare system" is the key. The "security company" has implemented a pension system. Employees can choose to retire after working for fifteen years, and Chen Guangliang will support them until they die. At the same time, after retirement, they can also choose to join other companies of Chen Guangliang and receive another salary.

Under various superior systems, the security team's loyalty is naturally very good. Unlike other wealthy people who always distrust the people around them and even hire Belarusians as bodyguards.

"Okay, everyone must be very happy!" Zhou Xinggao said with a smile.

"It's good to be happy, but don't slack off in training. I want a strong and elite army."

"Understood. The security team's training has never been slackened!"

Chen Guangliang provided much of the security company's training, focusing on counter-reconnaissance capabilities and the ability to protect employers at critical moments. The company's bodyguards are also equipped with bulletproof vests and other equipment, demonstrating their professionalism.

Chen Guangliang nodded and finally said, "We're going to train four female bodyguards. We'll choose those who don't have bound feet and are strong and come from poor families. Tell their parents that becoming our bodyguards will provide you with various benefits. Then I'll personally take charge of the training courses!"

Zhou Xinggao quickly said, "Okay. Congratulations, boss. Are you getting married?"

Lin Feng also stretched his neck and became curious.

Chen Guangliang laughed and said, "What the hell, there's no sign of that happening yet. The main thing is that I think female bodyguards have one advantage, which is that they're meticulous. Let's train a group and give it a try."

Naturally, he would speak rudely in front of rude people.

"clear"

At this time, Lin Feng suddenly said: "Boss, shouldn't you also arrange bodyguards for your brother? After all..."

The rest of the sentence was not added, but the meaning is that if someone threatens you with him, you must save him!

Chen Guangliang waved his hand and said, "We can't let him be a young master. It's not conducive to his training. As for the real risks, we will take the initiative to face them!"

This is not because I don’t value my younger brother and cousins, but because I don’t want them to develop the habits of being like a young master or a young lady.

As for if a kidnapping really happens, Chen Guangliang will definitely rescue the person if he can offer money, provided the price is reasonable.

But if he protected them too well, Chen Guangliang would feel a little unwilling to support a bunch of useless young masters and young ladies.

Let him be!

After leaving Changjiang Taxi, Chen Guangliang and He Xiangdong arrived at Changjiang Taxi headquarters. "Boss, you're here!" Deputy General Manager Liang Mengqi immediately came to greet them.

"Well, let's take a look at the situation." Chen Guangliang agreed casually and then began to inspect.

At this time, Changjiang Taxi already had a fleet of fifteen new cars and five second-hand cars, and its development speed was still very fast.

Especially after April, when Chen Guangliang paid off the debts of the car dealership, he injected a lot of funds into Changjiang Taxi and purchased new cars for development.

Of course, Changjiang Taxi still has a lot of installments to pay off.

There was a 'taxi hotline' in the office building, and sometimes people would call to request a taxi.

After getting the location, the operator immediately arranged for the vehicle to depart, and everything went smoothly.

After inspecting it, Chen Guangliang asked, "Has there been any recent developments?"

Liang Mengqi immediately said, "Yes. We've started to see customers being picked up by the time the car arrives. I suspect someone bribed the staff at the telephone office. Overall, we're at a disadvantage because we only have one base and no branches."

He took the initiative to speak out about the difficulties, which was better than the boss finding out and scolding him for poor management.

Chen Guangliang didn't show any emotion after hearing this, but said, "Between next year and the year after, I estimate we'll import 400 cars, half of which can be used by Changjiang Taxi, expanding the company's scale tenfold at once."

Everyone was shocked, and Liang Mengqi said in disbelief, "Four hundred?"

They knew that the boss made a lot of money in real estate, but they didn't expect that he would devote all his efforts to developing Yangtze River Taxi, because before, the boss basically didn't care much about the company's performance except for formulating various company systems.

Chen Guangliang nodded and said, "That's right. Of course, only 200 of them are for the taxi company. I plan to sell the rest. So next, I will be overhauling the management of Changjiang Taxi. You must be serious about this. Also, with the 200 vehicles, we need to prepare at least four bases so that we can reach any place in Shanghai at any time."

Liang Mengqi was very excited at this moment and immediately said, "Then let's investigate first and report back to you when we have a suitable option!"

Afterwards, Chen Guangliang carefully explained many things and made advance preparations for the expansion of Changjiang Taxi.

Time quickly came to March 10th.

In the office of the Yangtze River Bank, Chen Guangliang and Yan Zhiduo sat together.

"Uncle Yan, our bank has deposited two million taels of gold into the safes of major banks. Our next step, starting in November, is to buy futures!"

Yan Zhiduo was not directly involved in the work of the Yangtze River Money House. Although he also invested 30 oceans, he was very confident in Chen Guangliang's abilities.

So, he asked directly, "You plan to increase the 100 million limit to 500 million to operate the market. It's not a big problem. But, are you really sure?"

His investment of three hundred thousand was not a big deal. After all, this amount of assets was not a big deal for him. Moreover, his investment in the Dahua Hotel had already increased in value by two or three hundred thousand.

What he really cared about was Chen Guangliang. You know, nearly 270 million in cash was basically all the profit that Changjiang Real Estate had earned this year. This young man really dared to take a gamble.

Chen Guangliang smiled and said, "Don't worry. The US will soon send back news that their stock market can no longer hold up. This means that my initial speculation is correct, and the overall direction of development will not be wrong!"

Yan Zhiduo nodded. Regardless of whether the matter was true or not, the other party's analysis was very logical and logical, which made him unable to analyze these things. This showed that Chen Guangliang at least had a high international vision and business level.

Afterwards, the two held a meeting with a group of management and staff to discuss futures moves for the next month.

Yan Zhiduo also instructed everyone, "When trading gold futures, our targets are relatively small. The key is to act quickly. Keep your eyes and ears open. Do you understand?"

The Yan family runs a money shop, so they are naturally familiar with speculating in gold, although they don’t do it much now!

Hu Jinshun took the lead and said, "I understand."

After the technical issues were explained, Chen Guangliang continued, "In futures trading, I'll control the overall direction, while you'll handle the details. We're going to go long for the long term, and we must not waver from this major trend. If we lose money, that's my problem; if we make a profit, I'll share 3% of the profits with everyone. Don't underestimate this amount; it could total over yuan, if that's what I expect."

Everyone suddenly became excited. After all, they had heard about Chen Guangliang's deeds, and this time they really followed the right boss!
Afterwards, Chen Guangliang arranged everyone's respective positions. There were a total of six buyers and sellers and telephone operators in the exchange, and six more people in the office, not to mention the armed bodyguards, information channels for the newspaper, and other personnel arranged by Chen Guangliang.

The next day, Chen Guangliang went to Oriental Daily without stopping.

"Manager Chen, news came back from the United States that the Wall Street stock market plummeted 10% on October 24, causing panic in the market. It was called Black Thursday." Zhang Jinglu reported to Chen Guangliang with firsthand information.

Chen Guangliang knew that a major historical event was about to unfold, followed by 'Black Monday' and 'Black Tuesday', which would mean continued panic next week.

"Okay, I'll write an article later and you can publish it in the business section for me."

"Okay, I'll come find you later."

Chen Guangliang waved his hand and said, "No need, I'll give it to your editorial department. By the way, I want to publish a Business Weekly. What do you think?"

Zhang Jinglu thought for a moment and said, "I'm afraid a weekly publication might be difficult, but a biweekly publication shouldn't be a problem."

Upon hearing this, Chen Guangliang didn't insist on going his own way. Instead, he said, "Let's start with a biweekly, and then consider a weekly. Here's my idea: this bimonthly will not only publish relevant business information, such as securities, gold, cotton yarn, flour, real estate, and industry, but we will also focus on food, clothing, housing, and transportation, such as the taste and service of a particular restaurant, the fashion of a particular clothing brand, movie advice, and celebrity gossip. In short, we want to enrich the thoughts and entertainment of the middle class and the wealthy class as much as possible."

Zhang Jinglu immediately said, "That's a great idea. We can publish this magazine weekly. After all, food, drink, and entertainment are quite rich in content. If half of the content is devoted to them, that would be ideal."

"Then get ready. I'll train the editorial team later. Especially when recruiting editors, look for people with rich ideas."

"oh, I understand now!"

In fact, Chen Guangliang published the magazine only to help his future business, and the other things were just things that happened by convenience.

Of course, there is no need to worry about his ideas and insights failing, because they are far superior to his peers of the time. Oriental Daily is the best proof of this.

After Zhang Jinglu left, Chen Guangliang began writing the article "On the Turning Point of the U.S. Stock Market and Economy."

The article, citing the October 10th "Black Thursday" stock market crash in the United States, points to the distorted development of the U.S. stock market in recent years: a widening wealth gap: capitalists blindly expanding production, resulting in relative poverty among the people, whose purchasing power lags behind their productive capacity. Excessive credit consumption has created a false boom in the market, exacerbating the contradiction between production and sales. Excessive stock speculation, which fails to reflect the actual economic situation, has created a false boom and masked contradictions. The influence of laissez-faire economic thinking has plunged social production into anarchy.

Chen Guangliang then wrote that the US stock market's "Black Thursday" would continue to generate panic over the next week, potentially leading to a stock market crash. This would have far-reaching consequences for the US economy, potentially ending more than a decade of rapid economic growth and plunging the country into a period of depression.

After writing it, Chen Guangliang checked it and confirmed that the writing and analysis were excellent. He had made great progress in his studies in recent years, and then he smiled with satisfaction.

It's not that he wants to be in the spotlight, but rather that he needs to improve his social status, so he can't keep a low profile. During this period of "world economic depression," Chen Guangliang will transform himself into an "economist" and publish articles in his own newspapers and magazines.

He's going to be an expert!
With this title, not only will his social status and influence increase greatly, but he will also be able to manipulate the Shanghai gold market and securities market in the future.

(End of this chapter)