A century-old wealthy family that rose from Shanghai

Chapter 91 Fear
Fugui Car Dealership was valued at 50 taels of silver by Chen Guangliang, who offered 1500% of its shares, divided them into 10 shares, and sold them at 50 taels of silver per share. The remaining 13500% of the shares belonged to Chen Guangliang, and he only had to pay taels of silver.

In terms of rate of return, although this project involves 45 rickshaws, since 2100 of them have "small license plates" or "regional license plates", the estimated monthly rental is 10 yuan; after deducting 15% to 1700% for operating expenses (salaries, repairs, maintenance, special circumstances, etc.), the estimated monthly net income is 1800 to yuan.

From this, we can infer that the rate of return is still as high as over 50% (should be 60%), which is quite cost-effective.

The number of shares offered this time is also relatively large, and each person will be allowed to purchase up to 3 shares, but priority will be given to rickshaw drivers who have not purchased shares before; on the other hand, the rickshaw drivers of the original Fugui Carriage Company were also invited to voluntarily purchase shares.

For a time, the Changjiang Motors Head Office was bustling with activity!

"Boss Chen, you are a good person!"

The drivers who came to participate in the business had smiles on their faces.

Chen Guangliang smiled and said, "I'm not a good person. I'm a businessman. Now you're businessmen too. Do you understand the accounts?"

"I don't need to calculate, I believe Boss Chen won't lie to us!"

"Yeah, who needs to settle accounts? When I heard that Changjiang Motors was raising funds, I took out all the money in the house and scraped together twenty dollars. I was determined to seize this opportunity."

The drivers were not rich. In this era, they worked just to make a living and it was difficult for them to save money.

The average salary is between 10 and 15 yuan, while the living expenses for an adult are 6 yuan. If you want to support a family, you basically have to save and save.

So in this day and age, why buying a rickshaw of your own is just a fantasy!
Chen Guangliang patiently explained to everyone, "You don't settle the accounts because you trust me, but I can't leave you in the dark. Suppose you invest 20 yuan in this project, and you expect to receive a dividend of 1 yuan per month, which will pay back your investment within two years. More importantly, you can withdraw from this investment at any time, and your investment will be returned intact. Let me give you an analogy. If you deposit these 20 yuan in the bank, it will only be 1.6 yuan a year. But if you invest in this project, you will earn more than the bank deposit in two months. Do you understand?"

"I understand, I understand. This money is worth it!"

“It’s called investment.”

"Bah, this is called a shareholding partnership, it's like buying a car together!"

Everyone laughed.

evening.

Chen Guangliang asked Li Chao, He Xiangdong, Zhou Xinggao, Pan Cheng, Lin Feng and others to come to the office for a meeting.

For the newly added project, Li Chao spent 500 yuan to purchase 50 shares, following the normal procedure.

"I plan to transfer the 100 rickshaws at the Fangualong base to the head office for rent and maintenance, while the 80 rickshaws from the newly purchased Fugui Car Dealership will be stationed at the Fangualong base."

Li Chao spoke first, "Fangua Lane is close to Zhabei District. This base is perfect for us to enter the Chinese area and form a bridgehead between Zhabei. However, we should go and say hello to Gu Zhuxuan first!"

In fact, there are only five cars that run exclusively to Zhabei, and forty cars run to Huajie, but it is actually quite common to see them picking up passengers in Zhabei as well.

Chen Guangliang said, "Well, before the operation begins, I will go visit Gu Zhuxuan. He's had a hard time lately, and someone dared to shoot him in the back."

This time, the rickshaw business was a complete chaos!
Gu Zhuxuan wanted to establish his authority by taking over a few small car dealerships, but some people dared to piss on the tiger's head. It was said that Gu's car dealership had lost cars several times and could not find out who did it.

So, even if Gu Zhuxuan wins this time, it won’t be that easy.

This is a good opportunity for the development of Changjiang Car Dealership. You know, if the license plate price increases to 600, or by the end of this year (1928), Chen Guangliang may not consider further expansion.

He Xiangdong then said, "A license in the Chinese District isn't very suitable for a three-shift operation, because the nightlife there isn't nearly as developed as in the concessions, and the early morning shift rarely gets any business. Regarding rent, a license in the Chinese District generally costs 7 to 8 cents, cents for the day shift, and cents for the night shift."

The Changjiang Coach Company paid no attention to the drivers' rents, focusing solely on its own interests. It primarily focused on merchandising, dividends, and other minor details, but that was all it did.

At present, the rickshaw drivers are having a relatively good time, after all, there is still competition and a large number of wealthy people are pouring into the Shanghai stock market.

"You and Pan Cheng should come up with a plan for this matter in the next two days."

"Ok"

Zhou Xinggao also suggested at this time: "There's a lot going on in Zhabei. How about recruiting two more security teams from Fangua Nong to learn how to handle some of the issues?"

Chen Guangliang also said: "Okay, Afeng, ask Abao if he is willing to join?"

Lin Feng quickly said: "Yeah"

Liu Abao joined the Changjiang Car Dealership after the Spring Festival and found a master to drive the car with him. After just over a month, he switched to the security team. This was naturally because Chen Guangliang intended to train his own younger brother.

Zhou Xinggao naturally had no objection, as he was the boss's "personal guard".

Even though he has great prestige among the drivers and his "information organization" is huge, he actually knows that everyone works so hard because they admire their boss.

Almost all of the more than 800 drivers in the Changjiang Coach Company are now "shareholders". How can they not respect the boss?

Sun Yingjie quickly arrived at No. 13 Yingchunfang, Hubei Road, and said to Gu Zhuxuan, "Boss, Wang Meisheng of Fugui Car Dealership has sold the dealership to Chen Guangliang."

Gu Zhuxuan was stunned. He knew that Gu's Car Dealership was recently cracking down on several small car dealerships, including Fugui Car Dealership.

He just wanted to let these car dealerships know that they would have to bear the consequences of following Feng Jingtao and others to cause trouble.

Of course, Gu’s Car Dealership has also encountered some minor troubles recently, but Gu Zhuxuan is still determined to completely defeat this alliance.

Next, he also planned to take action against several medium-sized car dealerships such as Feng’s Car Dealership.

"This Chen Guangliang, I was fighting with those guys, but he took advantage. I remember that the vehicles from this Fugui Car Dealership do a lot of business in Zhabei, right?"

Sun Yingjie nodded and said, "Yes, it looks like Chen Guangliang wants to extend his hand to Zhabei. Do you want me to go out and give him a warning?"

"You're no match for him," Gu Zhuxuan said bluntly. "Besides, this guy is still useful to me, so it's not appropriate to make another enemy. I'll invite him to dinner later and give him a beating myself."

Gu Zhuxuan thought he was very familiar with Chen Guangliang, so his subordinate Sun Yingjie was no match for Chen Guangliang. No matter how smart or talented Chen Guangliang was, or how many people he had available under his command, he was not necessarily inferior to Sun Yingjie.

Of course, it would be different if he took action personally. Not to mention whether Chen Guangliang dared to compete, even Gu Zhuxuan himself was very confident that he could suppress Chen Guangliang.

Sun Yingjie was a little dissatisfied at this time!
Seeing this, Gu Zhuxuan said, "When the five car dealerships formed an alliance to suppress the Changjiang Car Dealership, did Chen Guangliang ever flinch? He is both brave and resourceful. Moreover, we are now competing with other car dealerships. If he joins us, we will be in even greater trouble. So, at this time, don't push him to the other camp!"

"I understand"

Gu Zhuxuan was wary of Chen Guangliang, primarily because of the effortless manner in which he handled matters for him. Chen Guangliang had been instrumental in both Gu Real Estate's land purchase troubles and the recent troubles with the "Car Dealer Alliance."

In addition, Gu Zhuxuan is speculating in land, but he still needs some advice from Chen Guangliang.

So, even if Chen Guangliang extended his hand to Zhabei, Gu Zhuxuan would not be able to do anything now, and did not want to fall out with Chen Guangliang.

(End of this chapter)