Spring Breeze Twenty Years

Chapter 510 Loans from Those Years

After Xiaowei went back, Xinghai and Liuliu took off their clothes and lay on the bed. Neither of them could sleep, so they talked with their eyes open in the dark.

Liu Liu said, "Xinghai, how did Xiaowei become so capable? That's amazing!"

Xinghai said, "Yeah, he's always been cunning and shrewd since he was little, and now he's really got it. Did you hear that today? Xiaohong has hundreds of thousands of yuan in her hands, and Xiaowei must have even more. He's not afraid of his wife at all; he'll keep all the big money in his own hands."

Liu Liu said, "I'm not afraid of my future wife, and I'll manage the money."

Xinghai laughed and said, "You can't say for sure. Besides, like me, I let my wife manage my money. Otherwise, if I have too much money in my pocket, I'm afraid I'll go astray. We don't have Xiaowei's skills. Sometimes in winter, when I see them playing cards, I get really itchy. If I had money, wouldn't I want to play too? That would be a disaster."

Liu Liu thought for a while and said, "Then I'll let my wife manage it too."

After a moment of silence, Liu Liu asked, "Xinghai, what do you mean by 700,000? I can't picture it."

Xinghai said, "I can't think of anything either, I just know there are a lot of problems. Let's work hard, and in the future we won't have to earn as much as Xiaowei. Earning 10,000 a year is enough. If we earn 10,000 a year, we'll have 100,000 in ten years. Then we can buy a house in the city and have running water."

After a while, Liu Liu said, "I think we can definitely do it."

"Um."

……

The next day, Xiaohong was scolded by Aunt Wang and went to school. Xiaowei took Xinghai and Liuliu out of the guesthouse for breakfast, giving each of them a few hundred yuan for spending money. Around eight o'clock, Xia Maosheng also got up. After breakfast, the group went to Xinghai and Liuliu's room to sit and talk.

After talking for a while, Chen Hui walked in yawning. Xiao Wei asked, "Why are you up so early today?"

Chen Hui glanced at the time and said, "Do you think I wanted to? Don't I need to get the money? After that, you can go back over there; it'll take seven or eight hours. Why don't we hurry? Afterwards, I'll take Xinghai and Liuliu shopping. I'll take a nap when I get back this afternoon. Shouldn't we also go and say hello to Han San? It's been quite a while since we've been in touch."

Xiao Wei said, "I'm in touch. The school here gets all the equipment from them at half price, like they're giving it away for free. Do you think he's stupid? The first batch is about to graduate, and he's keeping a close eye on it. Besides, we're definitely going to open a branch, and he knows that better than we do."

Chen Hui smiled and said, "Of course, that's normal. He's a decent person; at least he doesn't annoy people. Even though he clearly has an ulterior motive, he does it well, which is good. He's easy to get along with."

Xiao Wei said, "I'll go back today and sort things out at the billiards hall, then arrange things at the school. It'll only be a few days. Those planning to work here need to finalize their agreements, and those wanting to open their own shops also need to finalize things. There's nothing else to worry about. We don't need to worry about Hongliang's situation. The pig farm won't be able to produce pigs until the end of this year."

Xia Maosheng said, "Should we hand over the hotel reservations to Sister Zhang?"

Xiao Wei said, "Let's settle on that. Brother Zhai told him to go to Andong, and I'll go back and talk to him. I'll also have to go there myself to arrange the renovations. If it doesn't work out, we'll just let the lumberyard handle it. It's okay to spend a little on shipping; they know how to do it, so we're not worried about any problems."

Chen Hui said, "You can arrange it. I'll just find a place to buy a house here. By the way, my dad said he went to the Industry and Commerce Bureau today to ask about setting up a company. It should be possible. My dad said it seems like we have enough funds, around one million, to qualify as a provincial-level group company. Then my mom said that if we're going to invest in real estate, she'll talk to her subordinates and see if they can help us get a loan. She'll ask if you want it."

Xiao Wei said, "Loans? Private individuals can get loans? Won't that incur interest?"

Xiao Wei thought for a moment and said, "How much can we borrow? Two or three million isn't really enough for us right now, is more than that possible?"

Xia Maosheng smiled and winked, saying, "Have you forgotten what Aunt Chen does? Besides, we have quite a bit of assets."

Xiao Wei chuckled, having forgotten about that. After thinking for a moment, he said, "Okay, if it's feasible, let's take out a loan and buy a house. Not just in Fengtian, but we should also visit other cities. It's worthwhile to buy land first and leave it there."

Chen Hui squinted and said, "Let me tell you, that piece of land in Wanliu, as long as you build a fence, you can get a factory loan. You don't even have to break the rules. Banks are busy with loan targets right now, and they can't meet them at all. They're more eager than us to get a chance."

Xiao Wei said, "Really? Then let's take out a loan. How much can we borrow?"

Chen Hui said, "That depends on the registered capital, the planning drawings, and the investment scale. We don't need to bother with that. Once the company is settled, my mom will just get us a business license. Anyway, her son wouldn't cheat her, so it's good to help her complete her task."

Xia Maosheng said, "That's great. Then we'll never run out of money. We can take out loans to buy apartments, and then take out more loans after buying the apartments. It's a never-ending cycle."

Xiao Wei asked, "What is the little green book?"

Chen Hui said, "With the loan certificate, we can withdraw the money from the bank at any time within the approved amount. My mother said that if we were to establish a group company with our assets, we wouldn't need to ask her for loans up to 30 million. She could easily make hundreds of millions by manipulating things on her end."

Xiao Wei was stunned. He swallowed hard and asked, "What do we need a hundred million for? Can we even afford the interest?"

Xia Maosheng laughed and said, "Finally, I've seen that expression on your face."

Chen Hui said, "Now there are many more people doing business, and most of them are bold enough to take out loans to develop. If you build a big factory, buy equipment, develop sales channels, and do advertising, how can you not make money? Not to mention anything else, building a large national standard cement plant will cost close to 100 million yuan."

Geng Hui said, "There are quite a few personal loans in our province now. Our bank has several accounts with over 100 million yuan, and I remember the largest one was over 400 million yuan. Actually, loans are not scary. The interest rate and investment return ratio is still quite low. If you want to scale up and develop in a short period of time, taking out loans is the best way. Besides, you are not forced to repay the money. You just need to pay the interest on time. It's just a loan refinance."

Xiao Wei asked, "What are those four hundred million for?"

Geng Hui said, "Your Beixi cement plant and meat processing plant together cost 160 million yuan. These are the two largest borrowers in our province."

Xiao Wei scratched his head, somewhat incredulous, and after thinking for a moment asked, "Aren't you afraid they'll run away?"

Geng Hui said, "It's much more regulated now. There used to be a lot of bad debts, which was normal. To put it another way, if he caught a bad cold, at least a vice-provincial governor would have to visit him. The bank wouldn't remember to pay back the principal; they would just pay some interest every year to balance the books. As long as his factory didn't go bankrupt, everything would be fine."

Xia Maosheng laughed and said, "Let me tell you, any one of the three major banks—ICBC, ABC, and CCB—has hundreds of millions of yuan in non-performing loans every year. A few years ago, banks were practically begging people to lend them money; one bad debt led to another."

(End of this chapter)