Siheyuan (courtyard house): My name is Shazhu!
Chapter 413 Their courage is truly remarkable!
"That's right, that's exactly what I said. I believe that this time, I will earn money here and spend it here. Comrade He Yuzhu is not a person who goes back on his word or is stingy!"
"Shall we contact each other? Or is it still me?" an old man asked with a smile.
"I'll do it. I'll write a letter. We need to be sincere; we can't wait until it's too late. We need to respect others."
"good."
Four days later, He Yuzhu received a letter through xx agency. He was surprised when he opened it. It was from an elderly person. He had seen the elderly person many times last year. Why was the elderly person writing such a formal letter this time? It was not a verbal message.
After reading the letter, he smiled slightly and said to the messenger, "Please wait a moment, I'll be right back."
He Yuzhu finished writing the letter in less than a minute and had the messenger take it back.
"Haha, just as expected, 'earning money in their hometown and spending it in their hometown!' We didn't misjudge them. They don't need to settle in US dollars; they use RMB, and the US dollars are left to other companies."
Moreover, this period is at least fifteen years, until we are fully capable of settling accounts using foreign exchange reserves and have achieved complete development. If there isn't enough time, we can postpone it.
This is Dongda Group's belief that we will develop within fifteen years; it's not unfounded. I also hope it will happen as soon as possible!
"I knew it would be like this again. They didn't transfer a single penny of their profits back to Hong Kong East Bank last year; they're still deposited with the central bank."
Within fifteen years, I hope we old folks can see that day; we've waited decades for it.
"At the beginning of the year, they donated RMB 3.4 billion to the education sector to build schools and add university education facilities, especially to the seven sons of the National Defense."
One school a year costs 100 million yuan, this year it's 200 million yuan. Comrade He Yuzhu is a school-building fanatic; emphasizing education is a good thing.
"Give the next generation a platform so they can live better lives based on their own abilities!"
Despite his limited formal education, he cherished the admirable idea that all his descendants should be educated and able to compete with others in the workplace.
"It's not the end of the year yet, so we don't know their profits this year, or which sector they want to support. Is it hospitals?"
"I don't know. His education alone is enough to prove his character. We don't need to worry about that."
He's not short-sighted; it's just that his perspective on issues isn't entirely aligned with ours.
"He's never been like us; his focus is more on business."
"I estimate that Dongda Group will make another move soon, depositing another 10 billion yuan in the central bank."
They've all said that it's a waste for a businessman to have enough capital to keep it in the bank.
"Let's wait and see where they go next. We also need to increase the production of agricultural and sideline products. The standard of living in places like Yanjing is clearly rising, but the supply of goods has not increased significantly."
"I have read his reports on food; his thinking is very clear and logical, and it is suitable not only for Malaysia but also for us!"
"With grain in hand, one has nothing to fear!"
Entering 82, the export volume of Dongda Group continued to rise, and the world economy showed signs of recovery.
The stagflation of the 70s is considered a long economic phase that began around 1965 and ended in 1982.
However, He Yuzhu did not want this to happen. He believed that it would be better for Westerners to experience stagflation for a few more years, especially as their product costs continued to rise.
Whether or not exports are important; there are two very resilient countries struggling and need plenty of imports.
Thanks to Japan and the Great Universe Kingdom, we'll slowly crush you. No matter how hard you try, it's no match for cheating.
He Yuzhu gained the friendship of Saudi Arabia in the late 80s. This friendship was very pure. He received 1% of Riyadh Bank's shares and 1% of Saudi Aramco's shares.
The way 'A Piece of Cloth' makes friends is so touching. He's a good brother, and we can't deny his wealth.
He Yuzhu didn't care about the monetary value; what mattered was their sincerity. In their subsequent interactions, he made so much money that his hands were numb, and the "big dog" (a derogatory term for a wealthy man) officially emerged.
He Yuzhu went to the Middle East in early June. The fifth major battle was about to begin on the 6th, and he couldn't miss it, so he added a little less fuel to the fire.
Meanwhile, Zhao Youcai returned to his hometown to use the remaining money to repair the road!
The reason they built a ten-lane, two-way highway for free is that their profits over fifteen years will be in RMB.
It's useless to invest externally; we can only absorb it internally. Some investments also need to be moderate; it's not that the more we invest, the better. They can't handle it!
The next fifteen years will be the fifteen years with the most severe inflation, with interest plus subsidies reaching over 18%.
If you deposit 10 billion in a bank, its purchasing power might not even reach 3 billion after 15 years.
Instead of building a large project, Dongda Group chose a major artery connecting the north and south, from Harbin in Heilongjiang Province to Beijing, and from Beijing to Guangzhou.
The entire route is 3,400 kilometers long. The current cost of building a two-way ten-lane road is no more than four million yuan per kilometer. It will be built in sections over eight years, and prices will at most triple.
The total cost was only 40 billion RMB. Dongdaji still has 21.8 billion RMB in its central bank account, which is the surplus after funding twelve universities.
Dongda Group's annual net profit in its hometown reaches 15 billion yuan, enough to build several highways!
It's not just from Harbin to Guangzhou, but also from Beijing to Baozi City and then to Tangshan. From Nanshi in the south to Shanghai, from Hangzhou to Nanshi, and then all the way to Shanghai, we're building together.
If we add another 2,000 kilometers of branch lines to the highways, would increasing the budget to 70 billion be a lot?
The main problem is that it's unusable for external purposes, and its value depreciates too quickly domestically, so not using it would be the biggest waste.
What's given away for free is the most valuable. Giving away 60 billion at once is impossible without any reciprocation. In short, there's not much point in keeping RMB in the bank now.
It's more interesting to make some people owe a huge favor!
How many workers does a mega-project require? How much GDP will it boost? It brings enormous benefits, especially to my hometown!
"I'm a little dizzy. This is such a massive project. We can't even imagine building a highway on such a large scale, at least not for the next fifteen years."
"This is the boldness of the world's largest conglomerate, and also the great boldness of Comrade He Yuzhu. They seem to never do small things."
This document is very detailed, covering everything from why a highway needs to be built, planning and project approval, and feasibility studies. This part should be fine.
Then comes the survey and design of the route, inclusion in the construction plan, construction, and final acceptance.
The problems that will be encountered are all listed in their report, including expanding the cement plant, increasing asphalt production, and other necessary materials.
The saying goes, "To get rich, build roads first." We thought of this, but we didn't have the money to build them. They also thought of this: they would build roads as soon as they had the money, instead of saving it up and wasting it!
The plan is to construct in sections and then combine them together. This is a good plan. It won't delay the time or increase our burden too much. It just increases the difficulty of exploration a little!
Furthermore, more factories are needed, and the biggest demand is for workers. Many projects have very low requirements for worker qualifications, and normal young people can participate in the work.
This shows that he saw our problem: we have too much surplus labor. His approach was tactful and practical!
We should have heard him say something in the port city: "The more people go to school, the fewer children will become hunchbacks."
Our public security is getting worse and worse, which is ultimately due to the large number of idle young people in society. We need to get them to work.
Their monthly salary is at least 180 yuan, which is more than double the average salary here. What reason do they have not to work?
"Haha, this is a good benefit. In coastal cities, they hope we can provide logistics work, and they even provide lunch and dinner."
At least one pound of meat per week, and one pound of rice or one pound of steamed buns per meal. Non-coastal cities will receive cash directly.
The work involves fabric and work shoes, with four sets of clothes a year, which they have to have made themselves. They will allocate 10,000 qualified workers to their company's construction team.
I'd love to go to any of these places with such good conditions; we should agree. The organizers are a minor issue for us.
"I agree. If ten projects start simultaneously, it could create jobs for 100,000 people."
"agree!"
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