A century-old wealthy family that rose from Shanghai

Chapter 50 New Loan
Late May.

Chen Guangliang came to the Changjiang Vehicle Dealership (Yuyuan Road) base again. After more than 20 days of renovation, the place has begun to take shape.

According to Chen Guangliang's design, six civil structures will be built on this three mu and seven fen of land, as well as a circle of bamboo and wooden walls, and a waterproof carport built along the wall (the rickshaw itself also has a rainproof canopy).

It is still a very simple car dealership base. After all, the funds are limited, and the land may also be used for speculation.

recent.

Chen Guangliang conducted a field measurement between the Fangua Nong base, Yuyuan Road base, and Nanjing East Road.

The Fangualong base is 2 miles (3.2 km) away from the Wing On Department Store on Nanjing East Road, across the Suzhou River;

The Yuyuan Road base is 3 miles (5.4 kilometers) from the Yong'an Department Store on Nanjing East Road, but you can walk to the end of it;
Fangualong Base, 2 miles (3.2 km) from Yuyuan Road Base;
The three locations roughly form a triangle with Jing'an Temple Road (Nanjing West Road), Fangua Lane as the vertex (north side), and Yuyuan Road in the west section.

After considering the geographical location and distance, Chen Guangliang finally decided to retain the Fangualong base.

The Changjiang Car Dealership was divided into two parts, starting with Project F (20 vehicles), and carrying out operational activities such as vehicle delivery and rent collection at the new base.

Thus.

It is more convenient to manage and is also beneficial to the rickshaw operations of Changjiang Vehicle Company.

Zhou Xinggao came over and reported the progress: "Boss, it will be completed in about a week!"

The main reason is that the land is too large, so the project workload is large.

Chen Guangliang said with satisfaction: "Thank you for your hard work!"

It's always hard work to open up new land.

The land here is indeed remote and belongs to the sphere of influence of the concession's "cross-border road construction".

But the more this happens, the greater the appreciation may be in the future, because these lands are close to the asphalt road in the concession.

The reason why the land in the concession is much more expensive than the land in the Chinese area is that safety, commerce and transportation are the three main factors.

First of all, there is security: in the International Settlement, each police officer protects 207 people; in the French Concession, each police officer protects 256 people; in the Chinese Concession, each police officer protects 378 people; of course, there are also military and political factors.

The second is business: Needless to say, the most prosperous areas in Shanghai are concentrated in the Bund and Nanjing East Road.

Finally, transportation: foreigners also understand the principle of "if you want to get rich, build roads first". The International Settlement has more than 280 kilometers of public roads, and the French Concession has more than 90 kilometers of public roads, and most of them are asphalt roads (asphalt roads); while the Chinese Concession has only 230 kilometers of public roads in total, but the area is much larger, and most of them are coal slag roads, small square stone roads, etc.

Based on the above reasons, Chen Guangliang believes that the land in the areas of Yuyuan Road and Jing'an Temple Road has great potential for appreciation.

After chatting with Zhou Xinggao for a while, Chen Guangliang took a rickshaw and headed towards Jincheng Bank.

The Jincheng Bank Building, located at No. 200 Jiangxi Middle Road, was started in the spring of 1925 and completed in the spring of 1927. It was designed by Zhuang Jun Architects and cost 90 yuan. It is one of the earliest Chinese bank buildings built in the Bund area.

Jincheng Bank is the leader of the "Four Northern Banks" and is very strong.

Last time at Gu Zhuxuan's home, Cheng Zikang, the general manager of its Shanghai branch, handed Chen Guangliang a business card.

Now, Chen Guangliang wants to try and see if he can open up another "source of income".

When he arrived outside the Jincheng Bank Building, Chen Guangliang looked at the building with envy.

The six-story European-style building has a marble exterior and is a typical Bund architectural style.

The key is the price. The cost of building a building like this is 90 yuan. When will Chen Guangliang have the ability to buy a building!
Entering the building, Chen Guangliang took his business card and successfully got the opportunity to meet him. Cheng Zikang still stood up enthusiastically and said, "Mr. Chen, welcome to my office!"

Chen Guangliang extended his right hand, bowed, and replied, "Excuse me, Manager Cheng."

"Don't disturb me, don't disturb me, come and sit here!"

The two then sat down on the sofa in the office, and the secretary poured tea for them.

Chen Guangliang didn't waste any time. He took out two pieces of land's 'deeds' and said, "Manager Cheng, I bought two plots of land. Here are the deeds. So I want to use the money from these two plots of land to get a loan of 1 yuan."

Cheng Zikang picked up the deed and looked at it, saying, "Mr. Chen is indeed investing in land. Yuyuan Road, that's six mu and seven fen. The land there should be less than 1500 yuan. Mr. Chen, are you planning to take out a loan at the original price?"

Chen Guangliang nodded and said, "I'm not using this money to invest in land, but to expand my car dealership. Essentially, my ability to repay the loan is still reflected in the Changjiang Car Dealership."

If it is a business, the loan can exceed one's own net assets as long as the business has prospects.

Cheng Zikang smiled and said, "Okay, it just so happens that after what Mr. Chen said last time, I thought about it and there are some things I want to discuss with you!"

Chen Guangliang immediately said, "Manager Cheng, do you want Jincheng Bank to intervene?"

The Shanghai International Settlement (British and American Concession) covered an area of ​​more than 33000 mu, the French Concession covered an area of ​​more than 15000 mu, and the Chinese Concession covered an area of ​​64 mu.

During this round of boom, land prices in many places in the Chinese area also rose sharply, such as Zhabei and Shanghai South, not to mention the land in the concessions.

So, the market is still quite large.

Cheng Zikang nodded and said, "It's normal for banks to invest in real estate."

Next, the two exchanged some opinions.

Compared with Gu Zhuxuan, Chen Guangliang hopes to gain Cheng Zikang's friendship more.

Chen Guangliang was wary of Gu Zhuxuan;

Chen Guangliang really wanted to make friends with Cheng Zikang.

"Sure enough, Mr. Chen's opinions immediately opened my mind and I gained a lot."

"No, I'm young and inexperienced, so what I say may not be right!"

Cheng Zikang immediately said, "Reason is truth. It doesn't change just because someone says it. If you're optimistic about the Northern Expedition (during the warlord era), I'm optimistic too. If you're optimistic about the Shanghai Stock Exchange, I'm optimistic too. If you think land speculation is most likely to boom, I think so too."

Compared with Gu Zhuxuan, Chen Guangliang even bluntly told Cheng Zikang that land would become the investment with the best appreciation potential; of course the stock market is also good, but it is still not as stable as land.

At last.

Cheng Zikang readily agreed to Chen Guangliang's loan. After all, a loan of 1 yuan was just a small loan for Jincheng Bank.

Chen Guangliang was also very happy, not only because he got the loan, but also because he and Cheng Zikang became familiar with each other.

If Cheng Zikang really made a lot of profits for Jincheng Bank from land speculation, then he would also strongly support Chen Guangliang in the future.

It just so happens that Chen Guangliang will particularly need the bank's support at some point in the future, and he hopes that these favors can come in handy then.

As for the loan of 1 yuan this time, he could actually get a loan from the Shanghai Commercial Savings Bank.

(End of this chapter)