My son is a reincarnated soul; I overheard his inner thoughts and became the richest man.
Chapter 99 The richest man makes a move and acquires acres of land!
July 4th, the heat was unbearable.
Zhang Qiang arrived at Fengtian Holdings Group under the scorching sun, his shirt back soaked with sweat, but his face was filled with uncontrollable excitement.
"Mr. Chen, it's out! It's completely out!"
As soon as he entered the office, Zhang Qiang slammed a thick stack of reports on the table, his voice trembling slightly with excitement.
"Since the SARS outbreak in March, sales have been steadily climbing. After the lockdown was lifted last month, there was an explosive surge in pent-up demand."
"In June alone, we sold 200,000 vehicles in the country!"
"This is still due to production capacity constraints; many distributors are queuing up at the factory gate with cash but still can't get their goods. If production capacity could keep up, this number could increase by at least another 30% to 50%!"
Chen Feng picked up the report and glanced at the astonishing numbers.
Total sales in the first half of the year: 90 vehicles (over 70 in China and around 20 in exports).
Total revenue: nearly 24 billion yuan.
Net profit: Over 11 billion yuan!
"Nine hundred thousand vehicles sold in six months?"
Even the usually composed Chen Feng couldn't help but be moved at this moment, "I remember last year it was less than 500,000 vehicles, right? This six-month period has already surpassed last year's total?"
"That's right! Especially in June, the monthly sales almost caught up with half of last year's."
Zhang Qiang was brimming with confidence, "I'm certain that this momentum will be even stronger in the second half of the year. Conservatively speaking, breaking the two million mark in domestic sales for the whole year is not a dream!"
"Times create heroes."
Chen Feng sighed.
The SARS crisis shortened the popularization of electric vehicles by several years.
After calming down, Zhang Qiang brought up the real issue.
"Mr. Chen, sales are good, but a production capacity crisis is also imminent."
"The current contract manufacturers are already operating at full capacity. Moreover, these contract manufacturers originally made generic cars. Although their technology is average, they have big ambitions. Seeing how hot the market is, they will eventually reserve their production capacity for their own brands, and then we will be at a disadvantage."
"So I'd like to apply for funding to develop and utilize all the remaining vacant land in the old factory area, and build new workshops..."
"The vision is too narrow."
Chen Feng interrupted him, stood up, walked to the floor-to-ceiling window, and looked down at the bustling city of Shanghai. "The old factory area is like trying to perform a grand ceremony in a snail's shell; how much production capacity can it squeeze out?"
"If we're going to do it, let's do something big."
Chen Feng turned around, his eyes sharp. "No need to mess around with the old factory anymore. I'll personally approach the city to ask for land and apply for a piece of industrial land to build a modern Fengchi Electric Vehicle Industrial Park."
Zhang Qiang was stunned for a moment, then overjoyed: "An industrial park? Doesn't that mean production capacity will increase several times over?"
"I will apply to this application with high standards."
Chen Feng outlined his plan clearly, "The goal of the first phase of the project is to increase production capacity to 300,000 vehicles per month. In addition to the production workshop, we will also build a high-standard R&D center and employee living quarters."
"In addition, we've reserved some land. Looking at the long term, although we're currently making two-wheeled vehicles, Fengchi aims to build four-wheeled electric vehicles in the future."
"Electric cars?!"
Zhang Qiang gasped; the boss had really gone too far with this move.
But upon closer examination, given China's massive population and booming economy, a monthly production of 300,000 two-wheeled vehicles is entirely feasible.
As for four-wheeled vehicles... that's a matter for later. It's always good to secure the land first.
"Understood, Mr. Chen! I'll go back and prepare the expansion plan right away."
......
After Zhang Qiang left, Chen Feng immediately instructed his secretary, Zhang Ying, to contact the municipal government and schedule an appointment with the leader in charge of industry.
For a "god of wealth" like Chen Feng, the investment environment in 2003 was simply paradise.
As the richest man in the country, with multiple trump cards such as Fengtian Technology and Fengchi Electric Vehicles, Chen Feng is seen by any local official as a walking GDP and tax revenue achievement.
Two days later, a vice mayor in charge of industry personally met with Chen Feng.
The talks went smoothly, and could even be described as pleasant.
When Chen Feng unveiled his ambitious blueprint of "producing 300,000 vehicles per month" and "entering the new energy vehicle market in the future," the leaders' eyes lit up.
This is not just a production value of billions, but also a benchmark for high-end manufacturing.
With a wave of his hand, he made an exception and handled the matter specially.
The city directly allocated a plot of land, a full 1,500 mu, in the Songjiang Industrial Zone!
As for the price, they were incredibly generous – practically giving it away for free, at only 25 yuan per mu.
The total price is 3.75 million yuan.
This sum of money is nothing to Fengchi, which has billions of yuan in cash flow.
Once the agreement is signed and the official seal is affixed, the approval process proceeds smoothly.
Chen Feng didn't hesitate either. After acquiring the land, he immediately became a hands-off manager, handing over the construction tasks entirely to Zhang Qiang, while keeping his achievements hidden.
......
Just as the land acquisition for Fengchi Electric Vehicles' expansion was finalized, in mid-July, Liu Qiangdong arrived at Chen Feng's office in a flurry of activity.
Compared to his previous restraint, this time Daqiangzi's eyes showed a more wolfish ruthlessness.
"Mr. Chen, I'm here to collect my money."
He got straight to the point, his tone firm: "JD Multimedia survived the SARS battle, and it's doing quite well. But that's not enough; I want to take even bigger steps."
"The specific plan?" Chen Feng looked at him with great interest.
Daqiangzi unfolded a map of China and circled several key points.
"Logistics is the lifeblood of e-commerce. Current third-party logistics is too slow and the service is poor. Packages are often lost or broken. I want to build my own warehousing system."
"Besides Beijing, I plan to establish first-tier logistics centers in Shanghai, Guangzhou, Chengdu, and Wuhan. Only by distributing goods as close to our customers as possible can we increase delivery speed."
"In addition, we need to expand our product categories. Just selling CD burners and CDs won't work. I want to expand into home appliances and digital products, and build a full-category 3C e-commerce platform."
"Of course, GG can't stop either. The number of internet users is exploding right now, and whoever shouts the loudest will capture users' minds."
After saying this, Daqiangzi held up two fingers: "For this round of financing, I need twenty million US dollars."
1.6 million RMB.
In 2003, this was an absolute fortune.
Chen Feng didn't hesitate at all: "No problem, I'll invest the money."
Seeing Chen Feng agree so readily, Da Qiangzi became somewhat nervous.
He rubbed his hands together and then revealed his true trump card.
"Mr. Chen, there's one more condition... For this round of financing, I can only give up 20% of the shares. Moreover, I hope that the voting rights of these shares can be delegated to me."
The air seemed to freeze for a few seconds.
Daqiangzi's concerns are very real.
The tragedy of Sina founder Wang Zhidong being ousted by capital is still fresh in our minds.
If Chen Feng takes this 20% stake, combined with his previous holdings, his total stake will reach 45%, making him the absolute majority shareholder.
If investors turn their backs, the founders could be packing their bags and leaving at any time.
Chen Feng looked at the ambitious young man in front of him and smiled.
Through his son's words, he could easily discern that JD.com's core competitiveness in the future lay in Liu Qiangdong's iron-fisted management and strategic vision.
If it were someone else, JD.com wouldn't be the same JD.com.
"Can."
Chen Feng replied nonchalantly, "I have no interest in managing JD.com, nor do I want to be the villain who kicks the founder out. You have the voting rights; I just want a share of the profits."
Da Qiangzi breathed a long sigh of relief, his eyes filled with gratitude: "Thank you for your trust, Mr. Chen!"
......
In July, Shanghai is scorching hot.
Although it was the weekend, universities were still holding make-up classes because of the previous school closures due to SARS.
Chen Xiaotian took a taxi to the gate of Shanghai Jiaotong University, took out the latest Nokia phone, and dialed Chu Yuan's number.
"Auntie, I'm at the school gate, come out and greet me."
Not long after, a youthful and beautiful figure came running out.
"You brat, you're getting bolder and bolder!"
Chu Yuan immediately pinched Chen Xiaotian's face, "You're only twelve years old and you dare to run around alone? Doesn't your dad care?"
Chen Xiaotian broke free from the clutches and rubbed his face: "My dad's busy becoming the richest man in China, he doesn't have time to care about me. Besides, I'm almost in junior high, I'm not a three-year-old anymore."
"Alright, alright, you're a little devil for your age."
Chu Yuan shook his head helplessly. "Speak, what do you want from me?"
"event."
Chen Xiaotian winked mysteriously. "It's too hot here, let's find a cool place to talk. How about KFC? It's on me."
"Oh, you even have money to treat us?" Chu Yuan chuckled. "Alright, then I'll treat you to a big meal."
The two went to a KFC near the school.
Back then, KFC was considered a rather upscale restaurant, with its red and white decor giving it a particularly stylish look.
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