As for how it was leveled, you can imagine...
Finally, there's the issue of protection money. Unlike typical gangs, they don't just target entertainment venues; they even prey on street vendors...
Moreover, the fees were far beyond what those businesses could afford, and they were charged more than once a month!
The lending and protection fee collection were intertwined; wherever the Black Dragon Faction's influence extended, protection fees were collected, and the lending business also extended there.
Moreover, they have no intention of gradually developing their own industry; they operate solely on blatant robbery and extortion, relying on ruthlessness and cruelty...
No wonder they expanded their power so frantically!
In such a short time, besides Jialifeng Cave, the Black Dragon Sect's tentacles have even reached Jiulao Cave, Jiashan Cave, Shixing Cave, and Dalin Cave.
It's important to know that, apart from Guro-dong, which, like Garibong-dong, belongs to Guro-gu, Gasan-dong and Siheung-dong belong to Geumcheon-gu, while Daerim-dong is located in Yeongdeungpo-gu...
Ding Xin's meaning was simple: since there was already a piece of land available, even though there was no fixed business, they couldn't just give it up. They couldn't let a cooked duck fly away.
So he simply divided these territories into five sections, which corresponded to five groups of people. Except for the Garibong Cave, which was assigned to Oh Tae-sik, he let them choose the other areas themselves.
Kim Myung-cheol and his group had anticipated this. Currently, all of the Xinyi Faction's physical assets are located in the Jialifeng Cave area, and Ding Xin will definitely hand them over to his most trusted confidants.
Although they had followed Ding Xin through thick and thin, they had only known each other for a short time and could not compare to Wu Taizhi.
In the end, Gao Mao chose Jiashan Cave, Wei Lin chose Shixing Cave, Li Shi chose Dalin Cave, and Jin Mingzhe was in charge of Jiulao Cave.
They have their reasons for making this choice.
Before their original gangs were broken up, some of them were rooted in those areas, and some, although not there, were still relatively close to those areas, so they were relatively familiar with them.
Once the recruitment is complete, Ding Xin will give them the loan ledgers of the Black Dragon Sect in various regions.
From now on, they will be responsible for their own lending business in their respective areas.
Ding Xin did not intend to take back the money, but instead gave it to them as shares, with accounts reconciled monthly.
Since both the capital and the territory currently belong to Ding Xin, they will take 30% of the profits from lending and give 70% to Ding Xin.
Ding Xin also set rules for them, with different standards for different people.
Although there is a lot of money on the books, it is as good as nothing until it is actually put into use.
In order to compensate them, or rather, to help them establish themselves better in those territories.
Ding Xin is prepared to personally withdraw another 400 million yuan in cash.
In addition to Wu Taizhi, each person received 100 million won to support them so that they could start their own physical businesses there.
For example, massage parlors or game rooms also split profits 30/70.
Of course, once they become wealthy or have consolidated their power, they can simply give Ding Xin 30% to 50% of the profits from their expanded businesses.
This is also the rule of the underworld, after all, they operate under the name of the Faithful Faction.
Finally, there's the management fee for the territory, which is essentially a protection fee.
Ding Xin forbade them from harassing small vendors and merchants, and only allowed them to collect money from those who had business conflicts with him within his sphere of influence.
For example, KTVs and bathhouses are more or less associated with some kind of criminal organization.
They've trespassed on our territory, so either pay up or get out!
This is the rule!
Chapter 29 The Peak Hotel
Under the cover of night, Ding Xin was driving with his men to the Gali Peak Hotel, located north of Gali Peak.
The flashing neon lights along the roadside cast flickering light on his face, and his gaze as he looked out the window was unusually firm.
Thanks to Zhang Qian, they were thoroughly defeated by him.
Currently, in the Jialifeng Cave, apart from Ding Xin's Xinyi faction, there are only two remaining forces—the Yishuai faction and the Chunzhi faction.
The Gari Peak Hotel is the pillar industry of the Chunsik faction.
The leader of the Chun-sik faction was named Hwang Chun-sik, and he was quite a remarkable person.
This person's behavior and conduct were completely out of step with the other gangs in the Garibong Cave.
If we were to say that Ding Xin was not so much a gangster boss as a businessman disguised as a gangster, then he was more like a businessman disguised as a gangster.
He is the same type of person as the character Jimmy from the Hong Kong film "The Brilliant Brilliant Man".
He sees himself as a businessman and only wants to do business well.
In the movie, among the three major factions in the Garibong Cave, his subordinates are all dressed in sharp suits.
Moreover, this person is very flexible in his actions.
Who is Ma Sik-tao?
She always makes a fuss over nothing, but she's still managed to be completely subdued by President Huang.
Sources say he is now focused on developing legitimate businesses and has even stopped dealing with loan sharks.
In a sense, Huang Chunzhi's path is also the path Ding Xin will take in the future.
Gang power is just a means to an end; making money is his core value.
This is one of the reasons why Ding Xin came to contact him today.
There was another main reason why he wanted to meet with Hwang Chun-sik.
Just a few days after the Xinyi Faction was established in Jialifeng Cave, President Yuan and President Guo, who had met Ding Xin once before, came directly to their door with congratulatory gifts.
After exchanging a few pleasantries, they made no mention of the video Ding Xin had recorded for them.
Instead, the implication was that he might need a small favor, promising a generous reward afterward.
Ding Xin got a general idea of what was going on.
It turns out that the company to which President Yuan belongs, Sanjiang Construction Company, acquired a plot of land in the Jialifengdong area and plans to build a high-rise boutique hotel.
Everything went smoothly at first, but when the building was only half-built, President Hwang of the Chun-shik faction sent his men to cause trouble every day, preventing construction from continuing.
Unfortunately, the project had to be temporarily halted, and this delay lasted for several months.
Ding Xin then asked about the size of the hotel out of curiosity.
Don't ask, don't know, I'm startled when I ask.
Wow, that's really big!
The hotel's interior design features over 100 upscale guest rooms, with the rooftop used as a high-end buffet restaurant.
The first floor is a leisure area with a high-end coffee shop; even the basement will be decorated as a high-end bar.
Ding Xin chuckled and did not agree on the spot.
In any case, he needs to talk to President Huang first before deciding on his next move.
Ignore one side's opinion and observe the affairs of two sides with a smile.
There might even be an unexpected surprise.
...
The silvery moon hangs high in the sky like a hook.
Two black sedans stopped in front of the Gari Peak Hotel.
Ding Xin got out of the car and looked around at the Gari Peak Hotel in front of him.
This hotel is currently the best in Garibong Cave, and the entire building has seven floors.
The first and second floors are restaurants, the third to sixth floors are guest rooms, and the top floor is a KTV, offering a one-stop shop for dining, entertainment, and accommodation.
He had already contacted President Huang before coming.
Given their respective identities, arriving without prior notice could easily lead to misunderstandings.
He's not here to cause trouble this time...
Turning our attention to the hotel entrance, we saw two rows of burly men already standing solemnly to the side, each dressed in a black suit, with a stern expression and full of energy.
This is them showing me their strength!
One of the burly men, who looked like a bear, saw Ding Xin and immediately stepped forward, saying respectfully, "Hello, President Ding. President Huang is already waiting for you inside."
Seeing him reminded me of Ma Xidao, not his face shape, but his physique, though the man in front of me was even more imposing than Ma Xidao.
Ding Xin nodded, said nothing, and simply walked inside.
Wu Taizhi and the others followed closely behind.
These days, they are all impeccably dressed in suits, full of energy, and have a kind of "suit-wearing thug" vibe.
Ding Xin has now upgraded his military capabilities, and the entire Xinyi Faction is now powerful and well-equipped.
At the previous recruitment event, the Faith Faction truly recruited many new members, and they were all the best of the best.
Apart from Kim Myung-cheol and a few others who were selected by themselves, the people chosen by Oh Tae-sik were all personally vetted by Ding Xin. In the end, less than 30 out of more than 50 people were selected.
In a sense, this group of people, nominally Wu Taizhi's men, were actually Ding Xin's core henchmen in the future.
It costs a lot of money to maintain it every month, and this money will be paid by the businesses located at Garibong Cave.
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