Reborn, back to a small county town to become a wealthy family

Chapter 699: Ginger is still spicier when old

Fu Bin didn't understand, but Luo Yang knew perfectly well.

Don't be fooled by the fact that housing prices in Yangshi are not high now, especially in the towns and villages below, such as Shuangfeng Town. Ordinary commercial housing sells for only 1500 to 1800 yuan per square meter. Even if villas are sold as a whole, the price per square meter will not exceed 2500 yuan.

A villa of just over 300 square meters now costs around 80 yuan.

The total value of the 20 villas is only around 1600 million.

However, Luo Yang knew very well that starting in 16, the prices in the city were soaring, with villas reaching over 30000 yuan per square meter. Even in the towns and villages below, the price per square meter would not be less than 15000 yuan.

In just four years, the price of these villas rose from 1600 million to 9000 million, with an average annual increase of over 140%.

“I have already reserved these 20 houses, with a total price of 2500 million.”

Luo Yang smiled and said to Fu Bin, "Based on the current land prices and construction costs, Mr. Fu should be able to earn 1500 to 1800 million yuan without any problem. Adding the general contracting project for the resettlement community, the combined income will not be less than 2500 million yuan."

For Fu Bin, the land cost sharing will not actually disappear; it's just that it's not included in the land allocated to Jin Chenyang.

Therefore, this 2500 million is essentially a net profit.

That should satisfy his appetite.

"Brother Luo, are you absolutely certain that housing prices will skyrocket in the next few years?"

Fu Bin was not easily fooled, especially since he often chatted with Luo Yang about the future prospects of real estate. So when he heard about the acquisition plan, these ideas immediately popped into his mind.

"I was convinced that housing prices would definitely rise sharply in the future, and on the other hand, I was also considering my relatives."

Luo Yang said, half-jokingly, "My father's side has five brothers and sisters, and my mother's side has even more, seven brothers and sisters. Although a third of them have moved to the city, there are still quite a few in the countryside. If I buy all 20 of these houses and build a wall around them, they will all be mine."

Fu Bin: "."

Even if you only need 11 sets, right?

But if you include all your extended family members, it's not enough.

"Forget it, you should find someone to design the blueprints yourself."

Fu Bin, who couldn't understand, sighed and said, "Anyway, Guotai's project in Shuangfeng Town won't be finished for another year or two. In addition to the general contracting project for the resettlement community, let's also help you build this villa community."

At this point, he couldn't help but glance at Luo Yang again.

He thought to himself: 2500 million is no small sum; it could buy a decent villa even in Shanghai. He's certainly generous to his relatives.

After this matter was settled, the two talked about the development zone, and didn't finish until almost four o'clock.

After leaving Fu Bin's company, Luo Yang went straight back to the city. On the way, he called Jiang Wen and asked her to have dinner together.

I only called Jiang Wen, but I didn't expect Jiang Xue to come out too.

Having dinner, shopping, and watching a movie turned a date between two people into a trip for three.

When I got home, it was already past eleven o'clock.

At this hour, I wasn't really in the mood for yoga. After showering, I put on a face mask and went to bed early.

The next morning, Luo Yang went to the company to handle some business, and after lunch, he returned to Yang City.

After exiting the highway in the development zone, he didn't go to the garment factory first, but instead had the driver take the car to Yuanfan Group.

I spoke with Jiang Yuanshan on the phone this morning and arranged to talk to him this afternoon.

When I entered the chairman's office on the top floor of the Yuanfan Building, Old Jiang had already brewed tea and was waiting for his son-in-law to arrive.

"Why are you back so early this week?"

Jiang Yuanshan casually asked, "I usually go back to Yang City on Fridays, but today I'm going back to my hometown on Thursday."

"I was away on a business trip to the capital last week and didn't come back. I'll be very busy next week, so I'm coming back early to spend time with Fanfan."

Luo Yang first offered Jiang Yuanshan a cigarette before sitting down.

"You didn't come back last week?"

Jiang Yuanshan paused for a moment, then laughed and said, "That's true. I went to Jiangxi Province last week and wasn't home."

"Gan Province?"

Luo Yang reacted quickly: "For the lithium mine?"

"Ah."

While pouring tea for Luo Yang, Jiang Yuanshan said, "Let's investigate the market first and make preparations. The market situation is becoming clearer. In the next three to five years, the demand for new energy batteries will increase, and it's time to start investing in lithium mines."

"It's time to plan ahead."

Luo Yang smiled and said, "Dad, it might not take three to five years. Don't forget there's a new energy power battery factory in Shanghai that supplies Tesla. I just found out a couple of days ago that the research lab has made some technological breakthroughs and has already met Tesla's supply standards. Production could explode in the next two years."

"Eh?"

Jiang Yuanshan asked in surprise, "You seem to be well-informed. Have you been to the factory recently?"

"This technological breakthrough has driven the upgrade of drones in terms of power batteries."

Luo Yang smiled and said, "How could I not know?"

"You're really just going to ignore it?"

Jiang Yuanshan clicked his tongue: "It's at least part of the new energy vehicle production process. You're going to enter this industry in the future, how can you not care about it?"

"There's nothing to worry about regarding production."

Luo Yang immediately replied, "I am only interested in breakthroughs in power battery technology."

"You."

Jiang Yuanshan smiled and shook his head, then asked, "You called me this morning to talk about something, but you've been here for almost half an hour and you're still chatting with me. What exactly do you want to say to me?"

"Dad, how's the rural credit cooperative in our city doing?"

"Ok?"

When suddenly asked about rural credit cooperatives, Jiang Yuanshan was clearly taken aback.

"Why do you ask?"

Old Jiang said in surprise, "Apart from the four established large towns, there are no other business outlets in the city's other towns now. In the urban area, there's only one headquarters left, which is still operating on business provided by the city, but it's already half dead."

"Dad, do you know their top leader?"

"I haven't had direct contact with them, but I can still manage to arrange a meeting by going around in circles."

Jiang Yuanshan became increasingly puzzled; "What, you're planning to get a loan from them?"

"loan?"

Luo Yang shook his head and said, "I often ask for hundreds of millions, or even billions, of yuan. They have to have the money to pay."

"and you."

"I want to acquire the rural credit cooperatives!"

Jiang Yuanshan: "."

The huge chairman's office suddenly fell silent.

"It was one thing to run a private equity fund before, but now you're trying to acquire a credit cooperative? What are you trying to do?"

After a long while, Old Jiang looked at Luo Yang with a complicated expression: "Are you really planning to go down this path to the bitter end?" "Dad, this is a decision I made after careful consideration."

Luo Yang explained sincerely, "If I were content with the status quo, I wouldn't have touched that private equity fund, let alone acquired a rural credit cooperative."

What does it mean to be content with the status quo?

Jiang Yuanshan looked into his son-in-law's eyes and said, "Your business is already quite large. In just three years, you've founded more companies than I have, and you've ventured into multiple industries. If you're not satisfied with the status quo, aren't you going to fly to the sky?"

"Dad, I still manage to own a few decent companies."

Luo Yang replied with a smile: "Kunpeng Technology goes without saying; it's one of the leading companies in the low-altitude economy and already has unicorn potential, with a future market value of hundreds of billions being no problem. Guangfan Wind Power aligns with the future path of the new energy industry and will also be a listed company in the future. Zhengyang Group and Luoshengtang will be future cash cows."

Jiang Yuanshan quietly looked at Luo Yang at Versailles.

"There's also an e-commerce platform I recently acquired in Guangzhou. If it develops smoothly, it has great potential for the future."

Luo Yang counted on his fingers and said, "Finally, there's new energy vehicle manufacturing, which has even broader prospects."

"so what?"

"Therefore, the companies I own will inevitably form a comprehensive business empire in the future, and will need their own financial platform."

Luo Yang concluded, "Dad, look at those large, diversified companies nowadays. Which one doesn't want to open up its own financing channels? Many are even building their own financial platforms. That's why I acquired the rural credit cooperative."

Jiang Yuanshan stared blankly at his son-in-law.

He understood the meaning behind the words, but he didn't expect Luo Yang to have such great ambitions.

Even if you have such thoughts

Old Jiang clicked his tongue and said, "Didn't you take a bit too big a step?"

In his view, Luo Yang has started from scratch in just over three years and has already founded more than a dozen companies, investing more than a billion yuan in total. Moreover, he plans to invest tens or hundreds of billions of yuan in the next two or three years.

Even though Luo Yang had two cash cows in his hands, and even planned to sell half of them.

However, in Jiang Yuanshan's eyes, Luo Yang's funds had already been used up to the limit.

Now, a sudden idea has come up: acquire rural credit cooperatives and use them as a foundation to create a fully-equipped bank.
He was genuinely afraid that Luo Yang's cash flow would suddenly dry up.

"Dad, are you worried about where my money comes from?"

Luo Yang understood the meaning behind Jiang Yuanshan's words, so he smiled and said, "I have other channels to make money. By the end of this year, the first phase of investment funds for new energy vehicle manufacturing will also be in place."

Upon hearing this, Jiang Yuanshan's eyes widened immediately.

This isn't just a matter of a few hundred million; it's at least five billion.

Other sources
He immediately thought of private equity funds.

"You plan to get this money from the financial markets?"

Jiang Yuanshan looked at Luo Yang seriously and said, "That's the financial market, are you really that confident?"

"Yes, I'm very confident this time."

Luo Yang thought for a moment and said, "Let me give you some information. The last private equity fund raised a total of 9300 million, and with your 1000 million, the total is 1.03 million. As of yesterday, the profit has already exceeded 50%!"

"5000 million US dollars?"

"More than 5000 million US dollars."

"You also invested your own money in it?"

"Yes, I have another sum of money invested in it."

Luo Yang nodded and said, "Although the initial capital is not large, it uses 80 times leverage. If managed well, the profit will be magnified 80 times!"

"The losses are also 80 times greater!"

Jiang Yuanshan glared at Luo Yang: "Don't say nice things."

Luo Yang smiled and didn't argue with his father-in-law about it.

He steered the conversation back on track, saying, "Anyway, I have the funds ready, so I plan to get the financial platform sorted out as soon as possible."

"Are you absolutely determined to start a bank?"

"It's not just me."

Luo Yang, with a shameless grin, said to Jiang Yuanshan, "I was even planning to persuade you to invest."

"hehe."

Old Jiang chuckled and pointed at Luo Yang: "I knew you were holding back a big move, trying to drag me down with you!"

"How can this be called dragging someone down with them?"

Luo Yang quickly waved his hand and said, "This is called sharing the profits. Not only you, but I also want to bring in a few more local bosses from Yang City, preferably those with some connections. Of course, I will cover the majority of the acquisition costs, and you will only need to hold a small number of shares."

"How much is a small quantity?"

"The rest of the people combined don't exceed 10%, and as for you, it's best not to exceed 5% either."

Luo Yang replied, "As long as I hold no less than 51% of the shares on my own, that's fine."

At this point, he also presented the conclusion that Dong Xuan had guessed.

"I consulted professionals in Shanghai who estimated that the net assets of rural credit cooperatives in Yangshi City are no more than 10 billion yuan."

Luo Yang stretched out his hand: "If you want to take control, you'll only need to come up with about 5 million."

"It seems you really want to acquire it."

Seeing that his son-in-law had even had the net assets of the credit cooperative estimated, Jiang Yuanshan didn't think he had nothing better to do.

"Yes, I have made up my mind."

Luo Yang said sincerely, "I'll have to trouble Dad to help me make connections first, to get in touch with the head of the credit cooperative and find out if they are willing to sell their shares. If that's the case, the next step is to talk to the city."

"Talking about acquisitions sounds a bit unpleasant."

When it came to serious matters, Jiang Yuanshan was more composed than Luo Yang: "We can't contact the credit cooperative people first. We have to talk to the city's top officials first and push this matter forward in the name of financial reform."

"Putting aside the order of events, what's the difference between restructuring and acquisition?"

"From the city's perspective, credit cooperatives are like a double-edged sword—tasteless to eat, but a pity to throw away. However, credit cooperatives are still a financial platform, even though they don't have the full attributes and functions of a bank!"

Jiang Yuanshan began to instruct his son-in-law: "A private enterprise wants to acquire a bank. Although I am not a professional, I can imagine how complicated the procedures will be. It is definitely not something that can be done in a short time."

"If it's done under the guise of restructuring."

Luo Yang's eyes widened: "Can these be avoided?"

"With the government taking the lead, it may not necessarily avoid problems, but it will definitely be much simpler."

As Jiang Yuanshan spoke, he sighed, "Perhaps you didn't experience the great wave of reforms back then and don't know the twists and turns involved. You can try to find out more. Without government-led reforms, where would we have so many large and medium-sized private enterprises today?"

"I know a little about that."

Luo Yang nodded and said, "Our country initially had a planned economy model with public ownership as the mainstay, and private enterprises were abolished at one point. Only central enterprises, state-owned enterprises, and collective enterprises existed. It was precisely because of the enterprise reform during the reform and opening up that we have the booming private enterprises we have today."

"So I suggest we change the order."

Jiang Yuanshan, drawing on his experience, advised Luo Yang: "First, contact the city to see if they intend to divest from the credit cooperatives, or to transform them by leveraging the capital and management models of private enterprises."

Sure enough, ginger is still spicy!
(End of this chapter)