A century-old wealthy family that rose from Shanghai
Chapter 178 President
Chapter 178 President
Regarding the "speculation on gold", Chen Guangliang decided to cool down and not think about it every day.
He is bullish in the long term and knows that this year's 'gold-silver exchange rate' could reach 1:62 (last year's average was 38), while now it is only 44; therefore, he only needs to let his subordinates keep going long, and there is no need for other frequent operations.
After delivery at the end of the month, buy half at the beginning of next month (regardless of the price), observe the remaining half of the funds, and buy again when the opportunity arises.
Even if I lose money this month, I'm sure I'll make money next month. There are still ten delivery months left this year, so if I can make money in eight of them, I'll be making a lot of money overall.
In addition to the "general trend" being on their side, there is also "people's support". Now everyone has formed an "anti-Cheng alliance". To put it bluntly, they are targeting Cheng Linsheng, the big fat sheep.
this day.
In the lobby of the "Dahua Hotel", all Chinese taxi companies in Shanghai attended to establish the "Chinese Automobile Business Association".
There are a total of 45 Chinese-owned taxi companies, ranging from small ones with only two or three taxis to large ones with more than 20 taxis.
Its overall strength is still very weak, accounting for only about 20% of the Shanghai taxi market.
"Okay, today the 'Chinese Automobile Business Association' is officially established. The first thing to do is to elect the president. Everyone nominate three people first, and then raise your hands to elect them!" Liang Mengqi, as the host, said loudly on the stage.
The establishment of the 'Chinese Automobile Business Association' was led by Changjiang Taxi. To put it bluntly, everyone has already chosen the 'president'.
Sure enough, in the subsequent competition with Zhou Xiangsheng, Chen Guangliang was elected as "President" with more votes, and Zhou Xiangsheng was elected as "Vice President".
Although Xiangsheng Taxi is larger in scale, it is obvious that everyone knows that Chen Guangliang has a greater influence, and it is not easy for Changjiang Taxi to expand.
What’s more important is that Chen Guangliang can lead everyone more easily!
Next, Chen Guangliang said:
"Thank you for your trust. Since you trust me, I will lead you to accomplish the following three things."
"The first thing is to oppose the Concession authorities' discrimination against Chinese car dealerships. When drivers violate regulations, the Concession always deals harshly with Chinese cars but is extremely lenient with foreign cars. I will lead everyone to negotiate with the Concession authorities and force them to change this unfair practice."
Since he held a "public office," he needed to step up and do this kind of thing. Now that Chen Guangliang was a newspaper and real estate tycoon in Shanghai, it was naturally easier for him to urge the Concession Administration to correct the situation.
"Okay, what Boss Chen said makes sense. We should have treated everyone equally in this kind of situation."
"Yes, why should we Chinese businessmen be inferior to others? This is our Chinese territory."
Chen Guangliang then signaled everyone to calm down their anger and continued, "Secondly, we should register each household's oil usage. After compiling the data, we can go to the oil company and negotiate to bring our prices in line with those of the foreign traders. I've calculated that this could potentially reduce prices by 10%."
"Okay, I fully support this proposal."
"All of our car dealerships combined use a lot of oil, so we have more confidence in the negotiations."
"Boss Chen is very courageous, and this move will benefit everyone."
Finally, Chen Guangliang said, "The third thing is to establish a research institute to study the service conditions and competitive strategies of foreign companies. We will propose service measures for Chinese companies in the automotive industry and publish a 'Driving Instructions' to promote comprehensive improvement in service quality in the industry and gain a competitive advantage."
"This is also good. Changjiang Taxi's service level is very high. Boss Chen is willing to share his experience. It's great!"
"Xiangsheng Taxi's service is also good. As long as we unite, it will improve."
Three things will be finalized soon!
During this period, Zhou Xiangsheng also put aside the regret of losing the 'President' and cooperated with all his strength, after all, so many people were watching.
Next, Chen Guangliang also accepted an interview with a reporter from Oriental Daily, expressing the original intention of establishing the "Chinese Automobile Business Association", especially to solve the problems of "two unfairnesses" and "one overall lack of service quality".
When everyone saw that Chen Guangliang had also invited reporters, they immediately understood that the chairman intended to use public opinion to warm up the pressure first and then negotiate.
After Chen Guangliang was interviewed by reporters, he invited Zhou Xiangsheng to say a few words, and the report was considered perfect.
at this time.
"Boss Chen, Manager Liang, why is your oil usage so high?"
"Yeah, don't you have twenty taxis?"
At this time, many people discovered something unusual. At the time of registration, the oil consumption of Yangtze River Taxi was close to the combined total of everyone.
Chen Guangliang smiled and said, "To be honest, we have ordered 120 Chevrolet vehicles, which are now on the water. So, our Yangtze River Taxi fleet will have taxis in total."
"Ah, it's so hidden!"
"This is good news. Our Chinese-owned taxi industry finally has a decent large company."
Zhou Xiangsheng was shocked at this moment. He had originally thought that his 29 taxis made him the largest taxi company. Now he realized that he had underestimated them.
At this time, Chen Guangliang said again: "Everyone, we are all Chinese-owned taxi companies, and we should help each other. Let me express my own opinion here. With the current economic depression in Europe and the United States, their car prices should be cheaper, but this is only relative to the US dollar and the British pound. But in fact, the current market outside is 'gold appreciation and silver depreciation', which means that car prices will increase in the future. Those of you who can afford to increase your own strength should think carefully!"
At this point, everyone admired Chen Guangliang's character, and Zhou Xiangsheng felt even more ashamed, after all, he had once snatched the business (telephone) from Changjiang Taxi.
Of course, Zhou Xiangsheng also decided to seek loans to expand his car dealership.
Chen Guangliang's actions did indeed "add trouble" to himself, but he also wanted Chinese businessmen to rise and suppress foreign businessmen.
As for the 400 cars he imported for himself, the remaining 200 can be sold to individuals or to surrounding cities. There is no need to worry about selling them.
So, he doesn't need to be stingy.
Of course, there are also people who don't take his words to heart, which is also normal.
The next day, the Oriental Daily published news of the establishment of the "Chinese Automobile Merchants Association," citing the "unfair" treatment currently faced by Chinese-owned taxis in an effort to garner more sympathy. Furthermore, the association promised to improve its service quality after its establishment.
At one time, I received support from many people.
"From now on, I will only use taxis from Chinese-owned taxi companies to support our own taxi business."
"Yes, it turns out that Chinese-owned taxis not only cost more to fuel, but they are also more likely to be harassed by the Concession police. However, their prices are cheaper than foreign-owned taxis."
"So, we need to support our own businesses more."
Only after this tone of public opinion emerged did Chen Guangliang begin to organize a solution to the problem.
This was his first public office, and he was also the leader, so he wanted to do a good job. Of course, in the overall operation of the Chinese Automobile Business Association, Chen Guangliang still entrusted Liang Mengqi as his agent, only stepping in at critical moments.
May 2 (Saturday)
Oriental Press.
Huang Chunsun happily walked into Chen Guangliang's office and reported, "Mr. Chen, the first issue of Capital magazine has sold out all 15000 copies. The inaugural issue has been a huge success."
It was a huge success indeed!
The price of "Capital" is much higher than that of "Good Friend" because it is mainly aimed at business people and high-income people.
Furthermore, Capital's advertising revenue was comparable to Good Friend's 30,000 copies sold, targeting a customer base with greater purchasing power. Of course, many advertisers were also drawn to Oriental Daily's strength.
Chen Guangliang also said with satisfaction: "In this way, we have another stable source of income."
Huang Chunsun nodded and said, "We now have four stable sources of income: the Oriental Daily, the printing press, the news agency, and Capital. We estimate that this year's income will reach 15 yuan, which may be more profitable than the Shenbao and the Xinwenbao."
They made a budget in advance, assuming that Capital could maintain a stable sales volume of over 15000 copies, and earn at least 3000 yuan per month, which would amount to 3.6 yuan per year.
Chen Guangliang said, "Well, Shenbao and Xinwenbao target different customer groups after all. We need to focus on business information and news."
Initially, Oriental Daily was filled with local news related to pornography, violence, and gambling. As the company grew in popularity, it gradually adapted and improved its approach. Today, Oriental Daily focuses more on reporting on current international and domestic affairs, as well as professional business news and knowledge. Its supplements continue to prioritize entertainment.
Next, Chen Guangliang asked: "How is the distribution of the second issue of Capital?"
Huang Chunsun replied: "It has been distributed to retailers. The total number is 1.8, and 3000 copies were printed."
It doesn’t matter if you print more, you can sell it to Hong Kong and Southeast Asia later.
After chatting with Huang Chunsun for a while and waiting for him to leave, the famous reporter Wang Chunhua came in with a colleague.
"Boss, Gu Zhuxuan sent someone to deliver a bloody dog head and dropped it off at A Ming's house. He's threatening us!"
Chen Guangliang was stunned. Aren’t Gu Zhuxuan’s methods too poor?
[For a period of time, Life Weekly suddenly launched a special discussion, concentrating its firepower and fiercely attacking Du Yuesheng, who was called "the remnant of feudalism and a gangster." Almost every issue contained articles attacking Du Yuesheng.
One of his disciples lost his patience and said to Du Yuesheng, "Let's just go over and smash the newspaper office and see what they can do to us!"
"Why bother?" Du Yuesheng finally spoke. "If they're interested, let them curse."
Soon, Life Weekly ran into trouble. The concession authorities decided to shut down Life Weekly and ordered the arrest of Zou Taofen and others. Du Yuesheng, having learned of this from within, invited several detectives to play Pai Gow on the very day the police were about to take action. He pleaded with the police chiefs to simply shout a few times at the door to scare Zou Taofen and others, and then shut down the magazine. However, no one was apprehended.
It is obvious that Gu Zhuxuan has lost his temper in handling such a matter!
Of course, as the boss, Chen Guangliang still said to Wang Chunhua and A Ming: "Gu Zhuxuan is a gangster after all, so it is reasonable for him to act this way. You guys can handle this matter as you wish. If you are worried, don't report him!"
A Ming was a young man. Upon hearing this, he quickly said, "Boss, as journalists, if we're afraid of such a small danger, wouldn't that be a disgrace to our profession? I've discovered many of Gu Zhuxuan's illicit activities, such as exploiting the performers at the Great World."
Wang Chunhua also quickly said, "Boss, we journalists are not afraid of these things. We are just worried about whether it will cause trouble for the newspaper, so I came to ask you for advice!"
After all, the Oriental Daily has an unwritten rule, which is not to attack figures like the Commander-in-Chief and the three tycoons. When reporting news related to the South Whale government, it cannot make conclusions and can only report the facts objectively.
Based on this, the two of them came to report.
Chen Guangliang said: "This is what our newspaper does. If we were afraid of trouble, we would have closed down long ago. As long as you report the truth, no matter who it is, we are not afraid."
That’s what they say, but the editorial department has its own review process and will not report on particularly sensitive matters.
"Okay boss, we get it!"
It can be seen that Wang Chunhua and A Ming have decided to go all the way and "blackmail" Gu Zhuxuan!
Of course, this kind of news is very promising and the bonus is very high.
A new week begins.
In the meeting room of Changjiang Real Estate, Chen Guangliang, Yan Zhiduo, and Fang Jiaobo attended the meeting as shareholders. The management of Changjiang Real Estate was all present, and everyone was making final preparations for the opening of "New Town Garden".
"Xincheng Garden" has a total of 150 buildings (600 floors) and a school.
Guo Deming reported:
“在150幢楼中,临街的事22幢.一层住宅售价为9999大洋整、二层和三层售价11999、四层售价10999,即整幢楼售价是44996元;22幢幢临街洋房中,一二层是连着出售计25999,三层11999、四层10999,即整幢售价48997元.总计售价约683万大洋。”
"In addition, the down payment for this launch is 50%, payable in twelve installments."
"So our target audience is high-income groups, and we'll start advertising heavily ten days in advance. Our selling points are: the concept of a large community and our location in the bustling commercial area of Jing'an Temple Road."
Fang Jiaobo raised a question: "Why did you choose a 50% down payment this time, and spread it over 12 installments?"
Chen Guangliang said, "Silver prices are fluctuating right now, so it's not advisable to have a long cycle. My opinion is that after this project receives funds, they should be converted into gold to preserve their value. As for dividends, we can wait until the end of the year at least!"
The cash gold-silver exchange rate is 44, and it is likely to rise to 62 soon this year, which is equivalent to a 40% appreciation.
Although Chen Guangliang only holds a 55% stake in this project, it must also maintain its value.
After hearing this, Fang Jiaobo no longer had any doubts. He only had a 5% stake, so even if the project made more than million, he wouldn't get much.
Yan Zhiduo then said, "The initial funding for this project was provided by Changjiang Real Estate. Furthermore, construction has already begun for over two months, so a 50% down payment is very popular."
Good location, large community, and Changjiang Real Estate Development, these are all advantages!
Afterwards, everyone quickly finalized the publicity plan and began placing advertisements in multiple Shanghai newspapers starting on February 2th, with the official launch on March 19st.
Among the 150 buildings, Chen Guangliang bought two buildings, or 2 floors, in the name of Changjiang Real Estate, which will be used as "executive buildings" in the future.
Basically, Chen Guangliang bought a batch of houses from every batch developed and used them as dormitories for management and staff.
He used to be very petty, but now he makes hundreds of thousands of dollars every month from speculating in gold, so he doesn't care much about it anymore.
If nothing unexpected happens, he will be a multi-millionaire by the end of the year.
(End of this chapter)
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