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Chapter 295: Chapter 240 New Investment Project, How Much Can You Contribute? (Please Subscribe!)_2
In front of them sat an actual billionaire.
They really felt like total losers.
At their age, they usually had no more than ten thousand in their wallets, not to mention assets. But Tang Qing had more than ten thousand times that. Compared to him, the two of them were straight-up poor. Very, very poor.
"May I ask about your family background, Boss Tang?" Huang Qi carefully asked. Given how much money Tang Qing were willing to spend on his children’s education, it seemed their families couldn’t be far apart, perhaps Tang’s even richer. He couldn’t help but ask, it seemed like Tang Qing was blessed with a natural glow. 𝒏𝒐𝒗𝒑𝒖𝙗.𝒄𝒐𝒎
"Nothing much, just a small business related to jewelry and an overseas relative in wholesale jewelry." Tang Qing said, chuckling lightly. There was no need to hide this information, these two could easily find out and it was best to seem ’generous’ about it.
This was the first time Dou Jiao heard about Tang Qing’s family business and she had never investigated it before. Now, she imagined an affluent family, perhaps that is why no one ever heard of the Tang family’s fortune, it was actually overseas.
"I see, sounds like a big business," Huang Qi said, attempting to probe further.
"Not too small indeed," Tang Qing nodded.
Seeing as Tang Qing was giving short responses, Huang Qi dared not ask further. It was enough to know a bit about Tang Qing’s background. Tang Qing obviously didn’t want to discuss more about it. He already knew too much and it would be easy to look up the rest if needed. Pressing on with the questions would only be bothersome.
Pan Yue watched Dou Jiao, who looked excited, and became somewhat annoyed. It seemed like something had crossed his mind.
"I wonder if Little Tang would take an interest in real estate." Pan Yue suddenly asked, Huang Qi also seemed to realize something and instantly brightened, looking at Tang Qing.
"What do you mean, Brother Pan?" Tang Qing asked in confusion.
From Dou Jiao’s introduction, he knew Huang Qi wasn’t born into an official family, his family was in business, and their assets were somewhat greater than Liu Qian’s, but not by much. As for Pan Yue, he’s somewhat half an official’s child. His parents were in the chemical industry, his uncle was a top official in the coastal provinces as was his eldest uncle in his province. He did have some influence. However, he himself had studied abroad and upon returning, didn’t join his family’s company. Instead, he started his own business as an agent for high-end liquors from overseas.
So Tang Qing would directly call him ’Brother’. If he called him ’Young Master’, Dou Jiao wouldn’t like it, if he called him ’Boss Pan’, it would be distant.
Does it mean that they’re pitching for investment?
"Here’s the thing, we want to develop real estate, we have the connections, but are a bit short on capital," Huang Qi jumped to say. He was one of the main investors in this, Pan Yue didn’t participate, he didn’t have the same interest or experience, and his business history isn’t as long, so he doesn’t have the same amount of money. All of Pan Yue’s money was invested in his merchandises.
"Can’t you guys play the ’money macht game’?" Tang Qing asked. Wasn’t that how the real estate industry usually worked? Why would these guys need to raise investment? Unscientific!
"You seem to be familiar with the real estate industry, Little Tang. But you’re not aware, not every project can play out like that. True, most real estate companies can do that, we have no issue in that regard too. However, this time, we don’t plan to develop a regular residential building. Instead, we aim to develop a villa district and a lot of my friends are doing it for the first time. In order to do it properly, we also want to use this as a demonstration for our families. It’s an experiment. So this time, we’re not relying on mortgage, nor can we borrow money. We’re genuinely seeking investment for the project," Huang Qi explained slowly.
"So, you need investment?" Tang Qing asked. He understood Huang Qi’s intention. This villa district project requires money to buy land and build houses. Their families are watching and won’t let them mess up. Perhaps it’s also some sort of test. Maybe a test about cooperation, relationship handling and utilization, sticking to their capabilities, making friends, learning about interest alliances, etc. The list was endless.
"Yes, that’s exactly it," Huang Qi nodded, his eyes filled with hope as he looked at Tang Qing.
"How much do you need?" Tang Qing asked. With Dou Jiao there, he didn’t fear getting tricked by these people. Besides, except for his own family, especially his cousin Qin Shiqi, no one could skim his money.
"How much can you give?" Huang Qi asked carefully.
Upon hearing this, Tang Qing laughed. How much would constructing a villa district cost anyway? He nonchalantly said, "Well, that depends on how much you need."
The moment Huang Qi heard this, he became very excited. He had been raising money for over a month, and though he had many shareholders, they were still quite a bit away from the initial funds needed. Now, he finally saw hope. He understood what his family wanted - the money didn’t matter as much as the ability to get a group of people to accomplish something. What he learned, the friends he made in the process, those were what truly counted.
Huang Qi rubbed his hands together and said, "Sixty million. Just another sixty million RMB and we can be confident with the project we have in mind. Once it’s developed, we’re sure we can make over double that, and you’ll hold thirty percent of the shares."
Tang Qing thought the project was much more grand in scale. Altogether, it was slightly more than a hundred million.
Such a small project.
Only a few days’ profit.
It’s only because Tang Qing has recently come into contact with such large sums of money that it doesn’t feel like a lot, but to Huang Qi, it’s absolutely an astronomical number. After all, it’s only the beginning of 2005, and the domestic wealthiest person’s assets are how much? 60 million RMB. Their purchasing power isn’t much less than one or two hundred million in the future.
"Alright, I agree, 60 million is no problem," Tang Qing nodded. If it weren’t for the Sheng Tang Apparel needing help with their store situation, he wouldn’t be particularly interested in investing. But he considered it a return for Huang Qi’s diligent work for his company.
The several people at the table had various reactions when they heard this. Huang Qi was excited, while Pan Yue and Tan Yuxin were shocked. Pan Yue thought Tang Qing would at most be able to fork out 10 million, but he didn’t expect him to take up the remaining shares, which was 60 million! His own family might not even be able to pull that out.
And the younger brother Dou Jiao recognized, didn’t even blink and agreed right away. He even seemed to not care at all. How rich did one have to be for that? As expected of Dou Jiao, her vision was indeed different. Pan Yue had to thoroughly investigate this when he went home. Otherwise, it would make him itch with curiosity. Little ideas started to float up in his heart.
"Talk about the project," Tang Qing said as he propped his head up on his fist.
Huang Qi immediately composed himself and introduced, "The plan is to develop a high-end villa district. The location is in Liu Village, south of the Shanghai New District. Although it’s quite far from the city, it’ll definitely be worth a lot in a few years. So, we pooled together 140 million RMB from various friends. We can let the Construction Company advance the initial construction costs, but the lowest price for the land from the local government is 200 million RMB, and it has to be paid in cash. That’s why it took so long to gather the funds."
"When do you need the money? Don’t you have to go through an auction for that piece of land?" Tang Qing asked.
"Yes, once the funds are ready, we’ll immediately proceed with an auction. Other shareholders will handle this, and we won’t lose that piece of land." Huang Qi confidently said. The connections were already in place and all were locally influential. Unless a power player swoops in, no one could snatch it from them.
Tang Qing nodded slightly. All he wanted was not to bother about it. He said, "Alright, contact Sister Jiaojiao about this matter."
"Huh?"
Huang Qi was surprised. Reach out to Dou Jiao? That’s a bit too tragic.
"Brother Huang, I’m still in school. My sister’s consulting company handles all my business affairs. I only take care of providing the money," Tang Qing explained.
Huang Qi realized what he meant and enviously said, "Little Tang lives such a carefree life. It makes us want to start a consulting company too."
"Does your crappy company need consulting?" Dou Jiao immediately retorted.
"Jiaojiao, could you stop so attacking people?" Huang Qi said with a bitter smile.
"No."
"Alright, I’ll bear with it. But Brother Pan, you can’t bear with this."
"I’ll bear with it too."
"..."
Thanks to the two lively conversationalists and Dou Jiao’s retort, the chat became more ’harmonious.’ Tang Qing finally felt he wasn’t the only one being picked on. He met many kindred spirits.
Huang Qi and Pan Yue were making extreme efforts to befriend Tang Qing; it was just short of calling him ’big brother.’ Even though Huang Qi was wealthy, he seemed a bit impoverished compared to Tang Qing. As for Pan Yue, he hoped Tang Qing would put in good words for him. He saw it — although Dou Jiao also ’bullied’ Tang Qing, her actions were filled with ’favoritism.’
After the meal, Tang Qing hurried off to school while Dou Jiao took the three of them around Qingyan City. After discussions, Dou Jiao agreed to accompany them on a trip to Shanghai to assess the situation the day after tomorrow. Even though a verbal promise was made, it doesn’t mean the investment was as simple as sending the money over. That would be a joke, so the capital injection would likely have to wait until next week.
...
PS: A major Chapter with four thousand words. Too lazy to divide it. Finally, this situation is settled. Hehe, just asking for some votes.
