A century-old wealthy family that rose from Shanghai

Chapter 25 Opportunity
"Boss, this is terrible. All 24 illegal vehicles we sent out have been detained by the Traffic Department and the Police Station. They also told you to pay the fine."

Tang Zhiqing hurriedly found Wang Chengyun who was drinking tea at Wang's house and reported a shocking news.

When Wang Chengyun heard this, the teacup in his hand fell onto the tea table with a bang.

“All 24 vehicles were seized?”

It is normal to seize one or two vehicles. It has happened before. You just pay a fine and say hello to the patrolman. It doesn't affect your ability to make money.

But even a fool would know that it is not easy to seize all the illegal cars from Wang’s car dealership at one time.

Tang Zhiqing nodded and said, "The traffic department is leading the vehicle inspections. They're stationed at several intersections near us. As soon as the unlicensed cars leave our Wang's dealership, they're arresting them. And paying the fines on the spot won't work. They say they'll confiscate these illegal cars and hold Wang's dealership accountable for other responsibilities."

Wang Chengyun cursed loudly, "Changjiang Car Company, Chen Guangliang, it must have been that son of a bitch who did it!"

At this time, he began to regret provoking Chen Guangliang.

After all, at the beginning, he knew that Chen Guangliang was cooperating with the people from the Traffic Department, but he did not consider the consequences.

Now, he finally understood that the other person was even more cruel than him!

The loss of 24 rickshaws at one time is at least a loss of thousands of dollars (depreciation); Wang's rickshaw company must be held responsible for this, and it is obvious that the Transportation Department is preparing to deal with it severely.

Angry enough to vomit blood!

When Wang Chengyun thought of his recent losses, he suddenly felt a tightness in his chest and difficulty breathing.

He is a demanding boss, and his wealth was accumulated bit by bit. Even though his assets are already more than 50,000 oceans, the loss of nearly 2,000 oceans is enough to make him unable to eat for several days.

"No, why is the Traffic Department so aware of our illegal vehicles? Is there a traitor in our car dealership?"

Tang Zhiqing thought, is there any need to ask? How many drivers in the rickshaw company are on the same page with you?
Especially now that Changjiang Car Dealership's "IPO" move has made Wang's Car Dealership panic, everyone's heart has flown to other car dealerships.

However, Tang Zhiqing immediately echoed this, saying, "Those drivers must be traitors. They're obviously not good people!"

First put aside the responsibility of their thug team to avoid getting into trouble.

In fact, their team of thugs also do various miscellaneous jobs, including car repair and other work, and they are not full-time thugs.

Wang Chengyun had a sinister expression on his face and said, "Hmph, you dare to betray me? You must be tired of living like this. I'm going to raise the rent immediately. 60 cents during the day and 50 cents at night. Anyone who dares to cause trouble will be severely punished!"

Wang's car dealership originally operated in two shifts, with the rental fees being 50 cents and 40 cents respectively.

Nowadays, each rickshaw can earn an extra two cents a day. One hundred and twenty regular rickshaws can earn 24 yuan a day, which means several thousand yuan a year.

Isn’t this loss doubled?
Wang Chengyun was not afraid of those red-blooded people causing trouble. If they wanted to do it, they could do it. If they didn’t want to do it, someone else would do it.

There are many people who are unemployed, so there is no need to worry about who has two legs.

Tang Zhiqing immediately said, "Don't worry, boss. Anyone who dares to cause trouble will be punished to death."

If you can deal with the Changjiang Car Dealership, can’t you deal with those bastards in the Wang Car Dealership?

Tang Zhiqing also planned to increase his prestige so that his boss would not lose confidence in him.

Chen Guangliang and Li Chao were walking on the street in the concession, and they were planning to find a restaurant for a small gathering.

"As you expected, a steady stream of people from all over the country are heading to Shanghai, and the streets are becoming increasingly bustling." Li Chao pointed to the signs of a busy road.

At that time, trams and taxis were relatively rare on the streets of the concession, but rickshaws were numerous. Rickshaws were generally filled with passengers, demonstrating the vibrant vitality of this industry.

This year (1927), there were more than 5000 cars in the concession, about 1 in the entire Shanghai market, and only 1.8 cars in the entire country.

Shanghai has a population of 280 million, and the car ownership rate is still very low. After all, Shanghai's industry accounts for 50-60% of the country's total, which is quite exaggerated.

"The Shanghai Stock Exchange has ushered in the best development opportunities, but unfortunately we have too little capital!"

Chen Guangliang always has a sense of urgency, and Li Chao can also feel it.

"The Changjiang rickshaw dealership is already growing fast enough. However, our section chief has spoken to me and said that the Transportation Department might also consider partnering with you, using some of the licenses as a stake, but the prerequisite is that you purchase enough rickshaws as soon as possible."

Chen Guangliang was surprised at first, but then became depressed.

Cooperating with the Transportation Department is like truly obtaining the "imperial sword", and you will have a real backer in the future.

However, even if he tried every possible means, it would still be difficult for him to obtain funds.

Li Chao also understood. He said mysteriously, "Don't worry, we still have time. Besides, we don't plan to return the cars we detained from Wang's Car Dealership. We will also ask him to pay a fine. After a while, we can sell this batch cheaper than the ones from Changjiang Car Dealership."

What a surprise, what a surprise.

The Transportation Department not only offered him shares in the form of licenses but also sold a batch of rickshaws at a low price, which was simply a "godsend opportunity" for him.

"Why is your section chief so generous?"

Li Chao smiled and said, "He's very impressed with your business model, and because of my connections, he chose Changjiang Vehicle Dealership as a partner. After all, with a good partner, our Transportation Department can also earn some extra income. Also, I've analyzed for him that rickshaws have potential for appreciation, so there's absolutely no need for our Transportation Department to sell them cheaply."

Makes sense!
Of course, according to the formal practice, the Transportation Department can only grant the "big note" license to the driver at the price of 2 dollars.

But in the concessions, every department wanted to make extra money, and every foreigner wanted to get rich. So the Traffic Department would collude with the car dealerships, selling their license plates at high prices. The departments would share the extra money, and everyone would be happy.

As for where the traffic department’s license came from?
After all, after 1924, no new licenses were issued and the number of licenses was fixed at 1.

Therefore, these license plates are basically recycled license plates, because license plates have a time limit and the Traffic Department has the right to reclaim them after they expire.

"Okay, I will definitely seize this opportunity, and I won't forget your share."

Li Chao waved his hand and said, "I can't afford to raise any more money. You don't have to consider me for Project D. I'll just take the extra money from the Transportation Department. Also, our section chief is interested in you. I'll introduce you to him one day so we can get to know each other."

"Okay, thank you"

He would definitely not forget Li Chao's kindness, but there was no point in saying more now, after all, he still had no funds.

Fortunately, there is still time, and Chen Guangliang will definitely be able to come up with a solution.

The thinking of a modern person is already ahead of many people of this era.

Not to mention, he already has a foundation.

(End of this chapter)