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

Chapter 724 A Vision for Planning the Future

The morning meeting lasted less than an hour and a half.

However, Luo Yang stayed at Guoyang Real Estate until 11:30 before leaving.

After the meeting, he spoke privately with Tang Lingchuan and Duan Lixuan for about 20 minutes each in the chairman's office, and then talked alone with Chu Junpeng for more than half an hour.

"Chairman, I'm increasingly feeling that I'm not suited for my current position."

In Luo Yang's office, Chu Junpeng couldn't even drink his tea, and kept smoking as he said, "Let me go back to managing the construction company. Real estate development involves too many specialties, and I'm afraid I won't be able to manage my highly professional subordinates."

"With me backing you up, what are you afraid of?"

Luo Yang tapped the tea table with his finger, signaling Chu Junpeng to stop smoking: "For now, think of yourself as someone in charge of the project. Listen to what other departments are saying in meetings. After experiencing one or two complete projects, you'll basically understand everything."

"Then why did you even hire a vice president of engineering?"

Chu Junpeng scoffed, "Just let me take that position, and it'll save you money."

"Engineering systems are not as simple as you think."

Luo Yang explained to Chu Junpeng, "You're familiar with the basics, which is the department that manages engineering construction. But the engineering system is not just about managing engineering construction; it also includes specialized units such as bidding and procurement, budgeting and final accounts. Moreover, they manage general contractors and subcontractors, which is different from general contractors. So you need to learn through one or two project processes to eventually form your own work experience."

“I know that there is a lot to learn in the process of switching from Party B to Party A, and from construction to management.”

Chu Junpeng said, "I'm just afraid I'll learn too slowly. There are many things I won't understand in the early stages, so I won't be able to keep an eye on Guoyang Real Estate for you."

"Senior brother, don't forget, I was able to become the project manager while working part-time during my sophomore year of college."

Luo Yang smiled and said to Chu Junpeng, "The gray areas in the industry are unavoidable. As long as they can complete the assigned targets, we'll see if anyone can get away with both."

"Since you're so confident, then I'll go all out and do my best."

Chu Junpeng said earnestly, "Anyway, I will do my best to make sure I don't embarrass you or my master."

"Brother Junpeng, I believe in you."

Luo Yang offered Chu Junpeng another cigarette and then said, "Besides, I don't plan to do real estate development forever. I'll focus on it for a few years and then stop. In the future, the company's business will definitely need to transform. One part will specialize in the construction of hotels and tourist resort villas, and the other part will shift to the maintenance and service of existing assets, that is, the property direction. Junpeng, you can choose whichever direction you want to transform into."

What he said to Chu Junpeng was also a plan for the future, and it could be considered as him revealing his secrets to his senior brother.

"It's still early, why think about it now?"

Chu Junpeng, however, was more pragmatic: "Right now, I just want to do the task you assigned me well. As for the future, I'll just follow your arrangements."

"That's a good way of thinking."

Luo Yang nodded and said, "Anyway, as long as my family has food to eat in the future, you definitely won't go hungry."

This eldest brother of mine has always been like this, in both my past and present lives.

I grabbed a quick bite at the company cafeteria at noon, and before I could even go home for a nap, my father-in-law, Jiang Yuanshan, called me and dragged me to the Yuanfan Building.

"Fanfan said you came back last weekend, how come you haven't called for several days?"

Although Jiang Yuanshan is almost fifty years old, he is more energetic than Luo Yang, a young man, and doesn't even need to take a nap at noon.

"The second quarter is over, and we have to hold the second quarter financial report meetings for the seven companies in Yangshi one by one. I haven't had a proper rest since last week until this morning."

As Luo Yang sat down at the tea table, he replied to his father-in-law, "Furthermore, the company restructuring has begun. A professional team has come to Yang City and needs to complete the relevant research within a week. I also need to keep a close eye on the information."

“Your dad called me yesterday.”

What I just said wasn't a reprimand at all; it was just Jiang Yuanshan rambling on.

So Luo Yang rambled on and on, complaining about how busy he was, but Lao Jiang ignored him.

He said at his own pace, "You must come back next weekend. Your dad and I have arranged for our two families to get together and discuss your marriage registration and wedding arrangements with Fanfan."

"You can decide on such important matters."

Luo Yang smiled and handed a cigarette to his father-in-law: "Fanfan and I will follow orders."

"If you were this obedient, you wouldn't have started dating in high school!"

Jiang Yuanshan muttered something to himself, then asked seriously, "Is there any follow-up news about your matter?"

"I haven't had a chance to ask yet."

Although he didn't explicitly say which matter it was, Luo Yang knew that Lao Jiang was referring to the acquisition of the credit cooperative.

"Firstly, I've been quite busy these past few days and haven't had much time to spare."

After Luo Yang lit a cigarette for his father-in-law, he said, "Besides, I think it's a bit early to ask for information now. If High-Ranking Official He really makes any moves, we might not know from private conversations, but once it gets to the point of public discussion, even within the team members, we'll be able to find out something."

Now, not only Luo Yang, but even Jiang Yuanshan hasn't heard a single word about this.

It is clear that the reform of credit cooperatives has not yet been brought to the forefront for discussion. Even if there is progress, it is only being communicated and coordinated privately by one or two key leaders.

"You're right. If there's any action, Old Tang will definitely let me know."

Jiang Yuanshan nodded and said, "Let's slow down a bit. It's not good for you to always be so eager. Since things have been decided in the beginning, just wait for the results."

If you get involved now, you'll be facing a murky mess, and in the end, you'll find yourself mired in trouble.

Luo Yang nodded in agreement.

How is the fund doing?

Since they were all family, there was no need for hesitation in asking. Old Jiang inquired with concern, "Did you lose money or make a small profit?"

"In fact, we started operating shortly after the fund's fundraising period ended, and the profit exceeded 50% within a week."

Luo Yang didn't hide anything from Jiang Yuanshan and replied with a smile, "As for now, the profit on the books has definitely doubled."

"Doubled?"

Jiang Yuanshan looked at his son-in-law in surprise.

He remembered that the last time he attended the "Wealth Code" party was at the end of last month. How long has it been?

In just over half a month, the initial investment of over 100 million US dollars has already doubled.
The original subscription agreement stipulated that the returns of this fund product were tiered, with the overall profit not exceeding 200%. The customer would receive a return of 20% of the principal. Only when the overall return exceeded 500% would the customer's return reach 50% of the principal.

According to what was just said, the fund company's profits in half a month will exceed 8000 million US dollars.

"By using leverage, profits would pour in whenever the market fluctuated slightly."

Luo Yang joked, "I've been lucky; I've encountered three market trends in the past two weeks."

"You really think I don't understand futures?" Jiang Yuanshan glared at his son-in-law. "How many bosses in Yangshi have lost money in the domestic copper futures market? At best, they've lost tens of millions; at worst, their businesses have gone bankrupt."

"Those cable factory owners?"

Luo Yang curled his lip and said, "Anyone who can bankrupt themselves is truly stupid. If you plan to short prices in the futures market, you should buy futures contracts that are higher than the current copper price in advance to hedge against the risk. Don't you even know that?"

Shorting copper prices in the futures market means believing that copper prices will fall in the future.

To avoid the market moving in the opposite direction, customers can buy futures contracts with prices higher than the current copper price in advance. If the copper price rises, the customer will have a contract with a higher copper price to settle, thus making up for the losses from shorting the stock.

"Moreover, those business owners' companies themselves need a lot of copper, and hedging can even be done in reality."

Luo Yang continued disdainfully, "You might lose by shorting in the futures market, but in reality, if you stockpile copper in advance, you can still make up for the losses."

"hehe."

Jiang Yuanshan scoffed, "If those small business owners had brains like that, their companies wouldn't be the size they are now."

He paused after he finished speaking.

She then glanced at her son-in-law.

He suddenly realized that he had unknowingly been led astray by his son-in-law.

"My point was that using high leverage in the futures market carries significant risks. What does that have to do with hedging in the copper futures market?"

Jiang Yuanshan glared at Luo Yang as he spoke.

"I have a professional team over there."

Luo Yang dared not tell Lao Jiang that he was the one in charge of all the trading, and that he was the type to go by gut feeling.

He emphasized the importance of the professional team, saying, "From policy analysis to market analysis, every step of the process involves meticulous analysis by professionals. While we can't say there are no mistakes, the accuracy rate is relatively high."

"Everyone makes mistakes."

Although Jiang Yuanshan lacked professional knowledge, he had a broad perspective: "Whether it's the futures market or the stock market, it's a zero-sum game. For every winner, there's a loser. No one is a perpetual winner."

"It seems that they are now doing big data analysis and simulated trading, and their accuracy rate far exceeds that of analysts."

Luo Yang nodded in agreement with his father-in-law, adding, "Big data computers collect all past transaction records and compare them with real-time market data changes. If duplicates or highly similar patterns appear, the big data system will make a judgment based on the database, informing whether to go long or short."

"real or fake?"

Jiang Yuanshan exclaimed in shock, "Can a computer do this?"

"It's still a bit short, but with technological breakthroughs, we're not far from being able to achieve that."

After thinking for a moment, Luo Yang explained, "I invested in a company in the capital. They are currently working on big data applications and have achieved some success."

"Also in finance?"

"It's not in the financial sector; it's a news and information platform."

As Luo Yang described the situation, he took out his phone and opened the Toutiao app.

He pushed the phone in front of Jiang Yuanshan: "This is the application platform. After opening it, you can browse the latest news and information. When a user frequently browses military information, the big data behind the platform will push information based on the user's preferences. This will ensure that whenever the user opens this APP, more than 70% of the information they see will be military-related!"

Toutiao won the market by relying on big data.

As for Douyin (TikTok), it goes without saying that if you like to see long legs, open the video and eight out of ten videos will feature women with long, white legs.
As Jiang Yuanshan's attention was drawn to the Toutiao app on his phone, Luo Yang's thoughts also began to wander.

Big data is being applied to the financial market.
It seems I'll have to ask Zhao Pengcheng to inquire within the industry to see if any organizations are using big data analysis and simulated trading at this point in time.

Of course, Luo Yang didn't have much hope.

In his view, big data is not yet at a mature stage of application. Perhaps in three to five years, big data, cloud computing, and other technologies will have developed to a certain stage before they can play a practical role in the financial field.

"This thing is amazing!"

Just as Luo Yang's thoughts drifted to artificial intelligence, Jiang Yuanshan handed the phone back to his son-in-law.

He exclaimed, "This thing is like analyzing and organizing our behavioral habits and preferences. If only we could apply it to sales!"

At this point, Jiang Yuanshan's eyes suddenly lit up.

"Dad, don't overthink it. Many internet companies are already paying attention to and operating this thing."

Coming to his senses, Luo Yang smiled and explained, "Fairy, many online shopping platforms are using big data. Users' online consumption habits have already been collected by the website's backend. And what's even more terrifying is yet to come."

"How terrifying is it?"

Jiang Yuanshan was so interested in this topic that he put aside what he was originally going to talk about with Luo Yang.

"Suppose a consumer whose online purchases have never exceeded 500. One day, this user buys an item priced over 5000 on the platform, but the website's backend big data shows that there are no stores selling this item within a certain radius of the user's location."

Luo Yang looked at Jiang Yuanshan with a smile and said, "Dad, what do you think the result will be?"

"Fake?"

"almost."

Luo Yang shrugged and said, "There's a high probability that we'll send this user a high-quality counterfeit item."

Jiang Yuanshan; "."

For a moment, he didn't know what to say.

Because Luo Yang's words just now revealed too much information, he was digesting it very slowly.

"Yuanfan Group"

"Yuanfan Group is not in a hurry in this regard for the time being, because whether it is new energy batteries, photovoltaic panels or electric vehicles, the main way to purchase these products is still through physical stores."

Luo Yang comforted Jiang Yuanshan, saying, "For at least the next 15 years, online shopping for large items (including those that are large due to factors such as price, size, and assembly difficulty) will still not dominate the mainstream market."

Before he was knocked back, everything was the same.

"It seems you've already made some preparations on your end."

Jiang Yuanshan listed Luoyang's industries, saying, "Clothing, power banks, selfie sticks, drones, milk tea. These are all very suitable for online sales."

He was unaware that his son-in-law had acquired an e-commerce platform and also invested in the founder of Douyin (TikTok).

This guy had secretly made plans long ago.

(End of this chapter)