Spring Breeze Twenty Years

Chapter 511 News of the Company's Establishment

Xiao Wei said, "So what do we do in the end? Just give up?"

Xia Maosheng said, "What can we do? It's still the same old story. We just need to establish systems, plug the loopholes we find, and that's it. Where are we going to find the solutions? Back then, to meet targets, a lot of things were done illegally, or with fake documents. A lot of that was done by the banks themselves. Who were we going to turn to?"

Xiao Wei blinked, shook his head, and said, "I'd better not, I'm not confident."

Chen Hui said, "Let's get the loan certificate first, then we'll talk about the rest. If we want it, we can use it; if not, it's just sitting there doing nothing. Geng Hui is here; with an expert like her, what are you afraid of?"

Xiao Wei nodded and said, "Okay, let's get started first, and then we'll discuss it further."

Xia Maosheng said, "If we borrow 100 million yuan and buy buildings all over Northeast China, then when the loan term expires in three to five years, we can just hand over some of the buildings to the bank and that's it. You do the math."

Xiao Wei said, "Let me think about it some more. Let's finish what we're doing first."

Chen Hui said, "If it's okay to start a company, then let's just do it right away. You can leave your ID card with me."

Xiao Wei took out his ID card and handed it to Chen Hui.

Chen Hui took the ID card, looked at it, and said, "Damn, the ID cards in our country are designed like wanted posters. Anyone who has one printed on them looks like a fugitive. How about we call the company 'Brothers Industry'? Want to change it or not?"

Xiao Wei said, "Don't change it, the name is fine. By the way, trademarks. Register 'Romantic,' 'Mama Zhang,' and 'Big Lie Ba' for food products."

Chen Hui asked, "Just register text?"

Xiao Wei said, "Then you and Xiao Hong should discuss it and see if we need to make an icon. Just don't make it too complicated."

Chen Hui checked the time, stood up, and said, "Alright, I'll inquire first. Let's go to my dad's place and get the money settled. We'll also check if the company deal will go through. My dad said we should go around this time."

Xiao Wei stood up and said, "Let's go. Is Geng Hui going?"

Geng Hui said, "I'm not going if Xiao Xiao isn't coming. I'm going back to my room to lie down."

Geng Hui went back to her room, and the five people came out and walked downstairs to the Electric Power Building. It was only a few steps and five minutes to walk there. They took the elevator upstairs.

Xinghai said, "Isn't this the tallest building I saw last night? Xiaohui, your dad works here?"

Chen Hui said, "Yes, this building was built by my dad and his team. It's the tallest building in Northeast China." At that moment, the building was indeed the tallest in Northeast China.

First, go to the finance department to write a check and get the deposit slip. Then, make a remittance to the Beixi Underground Shopping Mall. You can pick up the remittance slip later; you can't get it today. After writing the check, the five of them went upstairs to Old Chen's office.

Old Chen was in a meeting, so the five of them waited in the office with tea. Xinghai and Liuliu looked around in shock, their mouths agape.

After waiting for more than twenty minutes, Old Chen returned with a teacup, glanced at the five people, and said, "You're here." Xiao Wei and Xia Maosheng stood up to greet him. Old Chen put the teacup on the desk and sat down. "You guys have been having a wild time these past few days, not home for days. Your aunt told me to scold you," Old Chen said to Xiao Wei with a smile.

Xiao Wei was a little embarrassed, and said with a smile, "I can't do that anymore. This time I won't go anywhere and will wait for Chen Xiaohui to land."

Old Chen asked, "Are you expanding your restaurant, cake shop, and food factory? How many are you planning to open?"

Xiao Wei said, "We'll open three to five restaurants in Fengtian. We'll also open a food factory here. As for cake shops, I'm thinking of at least one per district. The rest depends on whether we can find suitable locations. For now, we'll open one restaurant and two cake shops per city in the surrounding areas. We'll start with this round of expansion and then consider further expansion once things stabilize. I estimate it will take about six months to a year."

Old Chen nodded and said, "Then we need to set up a group company, otherwise the finances and personnel will be a mess. Are there any funding problems?"

Xiao Wei said, "If it's just about opening a shop, it's no problem. But if we want to buy the entire property for the shop, it's probably not feasible for the time being. The three of us just spent over a million yuan to buy a building and land in Xingcheng, and the total funds we can use in the next two or three months are probably only around four million yuan, which is probably not even enough to buy a house in Fengtian."

Old Chen said, "Your profits are not a problem, and the cash flow is fast. Developing according to your plan shouldn't be a big issue. Go for it! As for funding, ask your aunt to help you figure something out. My suggestion is, if you're going to do it, go big. Try to buy all the properties; that way, the business risk will be minimized."

Xiao Wei nodded and said, "Xiao Hui just said that I'll think about it some more. The key is that I've never dealt with loans before, and I'm a little uneasy about it."

Old Chen laughed a few times and said, "It's rare to see you feel uncertain and flustered. It's just the three of you handling the company's affairs, right? Take your ID cards with you. Xiao Hui, go to the Industry and Commerce Bureau and find Deputy Director Chen. It can be done. Let's write down ten million in registered capital. I'll advance the money for you and issue a guarantee. You can pay it back later."

Chen Hui asked, "What about the factories and shops below? Like the food factories and cake shops in Longcheng?"

Old Chen said, "First register a group company, and then use the group company's authorization to register a subsidiary. The people there will teach you how to do it. Go and get it done."

The group of people were kicked out and slunk downstairs. Xiao Wei said to Chen Hui, "Uncle Chen is right. I was too timid. Let's take out a loan then. As long as we have the property, we won't panic. What Lao Xia said also makes sense. In three to five years, the property will definitely be worth more than it is now. If we can't raise the money by then, we can always pay back the bank a loan for the property."

Chen Hui said, "I also think a loan is more worthwhile. Doing it slowly like this is too slow, and it's not like we lack the ability. Okay, I'll talk to my mom this afternoon. Are you leaving now?"

Xiao Wei said, "Let's go. You guys discuss how to handle things here. You'll have to work hard these next few days, and take care of Xinghai and Liu Liu as well."

Chen Hui said, "Okay, I'll take care of it."

Xiaowei said to Xinghai and Liuliu, "Then I'm going to Longcheng. You two stay here for a few days and listen to Xiaohui's advice."

Xinghai and Liuliu nodded in agreement. Xiaowei said, "For the goods, Xiaohui, you can pay for them first, and we'll pay you back later. I'm worried it's not safe for them to carry too much cash."

Chen Hui said, "Alright, alright, let's hurry up and go. How much money will it cost to load the goods? It's just a matter of thirty or twenty thousand. Let's go."

Xiao Wei patted Chen Hui on the shoulder and said, "Okay, I'm off then. When they go back, give them six pagers and two thousand yuan for rent."

Xia Maosheng said, "Wait a minute, how are Geng Hui and I going to get back? By squeezing onto the train?"

Xiao Wei said, "Why don't you two give a call before you go back? If Hong Liang is available, you can ride in his car. If it's not available on his end, I'll have Xiao Jun come and pick you up."

(End of this chapter)