Siheyuan's Journey Through the Ages
Chapter 151 The Thoughts of Zheng's Father and Son
Chapter 151 The Thoughts of Zheng's Father and Son
"Deal, when will the transaction be completed?" Ma Qing became angry. It's just the plastic toy industry. It's too small, and the lower limit is too low. I don't think highly of it. So what if I give you 40% of the shares? Can you really turn the tables?
"The money will be received within a week. It's a pleasure working with you, Mr. Ma." Zheng Yumian breathed a sigh of relief and recalled the scene at home last night.
Zheng Yumian, Zheng Yumian's father Zheng Qiansheng and Qi Zongyuan of Kowloon Commerce were sitting around the table in the living room of the Zheng family. Ever since Zheng Qiansheng heard that his son had spent 200 million to acquire shares in an unknown plastic toy factory, he began a series of investigations.
Tonight, Zheng Qiansheng called his son back and also invited his old friend, Qi Zongyuan from Kowloon Commerce. Hearing that his old friend was still helping his son sell products, he decided to have them sit together and talk about this rash investment.
Zheng Qiansheng is not good at business, but he is good at financial management. After most of his life's hard work, he used the resources from the family division for thirty years and actually accumulated a fortune of tens of millions. He can be regarded as one of the hidden rich people in Hong Kong.
"Old Qi, what you said is true. You are so sure." Zheng Qiansheng was completely shocked when he heard his old friend praising his son for making a successful investment, especially when Qi Zongyuan vowed that several existing products of Yaguang Intelligent Plastics would earn at least hundreds of millions in profits during the patent period.
"Of course it's true, Lao Qian, you still don't believe my judgment. When have I ever boasted? The patent period is 10 years, and the annual profit is only 1000 million. Is that a lot?" Qi Zongyuan gestured to Zheng Yumian to take out the toy. "Look for yourself. Look at the products made by your son's toy factory. Look at the materials, the workmanship, and most importantly, the ingenuity. My estimate is already very conservative."
Zheng Qiansheng took the toy from Zheng Yumian and looked at it carefully. While listening to his son's explanation, he thought to himself: So, his son's investment can increase 10 times in 10 years, and he can also leave a factory, which is not bad. But...
"Yu Mian, you did a good job this time, but the profit is only 10 times. In fact, I think the real estate in Hong Kong will increase 10 times in 10 years. Why sell the house and take the risk? What's more, you are just a small shareholder. It doesn't make any sense." Zheng Qiansheng still used the Chinese parents' method of education by crackdown. He had to control his son himself and not let him get carried away.
"It won't cause any delay. I mortgaged the shares and bought back the house. Apart from paying some interest, there will be no delay on either end." Zheng Yumian said disapprovingly.
"..." Zheng Qiansheng was speechless at this moment, and changed his mind, "If that's the case, will Ma Qing from your company still accept the investment? Why don't you just buy more shares? Then you will have more say in the company in the future. If you don't have money, I'll pay for it."
After all, he is his biological father. Since this is clearly a money-making business, there is nothing wrong with supporting his son. Anyway, I can do the same and not delay either end.
When Zheng Yumian heard this, he immediately became excited and asked, "Dad, how much money do you want to give?"
"I'll give you two million and buy 20% of it. How about that? Daddy is good to you."
"You wish. Yaguang's products are selling so well now, and they are not short of money. How can they sell it to you at this price? When I bought 20%, Yaguang hadn't even found a trader. Now..." Zheng Yumian shook his head, thinking that this was an impossible task.
Qi Zongyuan interrupted, "You don't know, Yaguang's orders for next month are booming. I just finished the statistics, and the order volume has tripled compared to last month. I will go to Yaguang to place an order tomorrow." "No, wait a minute, Qi, put the order on hold." Zheng Qiansheng quickly stopped him and turned to his son and said, "Within 4 million, 2% of the shares, we will have the opportunity to take over Yaguang in the future, and it can be regarded as a business I will leave for you."
"Come on, if you want to buy shares, I fully support you, but you don't understand Ma Qing at all. This man is very cunning. The key is that Yaguang can have this situation entirely thanks to him. Don't bother with any shareholder wars. It's meaningless." Zheng Yumian saw it clearly and felt that his father's thoughts were totally unreliable.
"Buy the shares first, and we'll talk about the future later." Zheng Qiansheng was too lazy to argue with his son. Buying the shares first was the first priority, otherwise everything else would be nonsense.
"Okay, I'll give it a try, but I can't guarantee it. Ma Qing is a bit unpredictable." Zheng Yumian agreed, turned around and said to Qi Zongyuan, "Uncle Qi, you don't have to go in person tomorrow. Just do as usual and increase the order by 5%. Put the rest of the orders on hold. Cooperate with me, please."
Qi Zongyuan was a little embarrassed, but they had been friends for so many years, and he also had something to ask for: "Well, I'll put this order on hold, but, Yu Mian, I helped you, so you have to help me too."
Zheng Yumian was a little surprised. His uncle, who was a trader with great power and wild ways, actually wanted his help: "Uncle Qi, if you have something to say, please tell me. As a junior, can I say no?"
“As you know, the agency rights for Yaguang Intelligent Plastics in North and South America were given to a company called Rongfa Trading. I did some research and found out that this company is actually Ma Qing’s industry. However, Rongfa Trading is relatively small in scale and cannot unleash Yaguang’s sales volume at all. Look at you…” Qi Zongyuan’s purpose was very simple. He was also very envious of the North and South American pie.
When Zheng Yumian heard that Rongfa Trading was Ma Qing's business, he knew that this matter was unlikely to succeed. However, since Qi Zongyuan had helped him, he could only comfort him and said, "How about this, when I have more shares, I will try to discuss it with Ma Qing. I don't have much say now."
Qi Zongyuan just had this idea in his mind and didn't have much hope to begin with, so this was the only way.
Three people in a room, eight hundred minds, this is the reality of the world.
Ma Qing and Zheng Yumian had agreed on the deal and immediately put forward his own request, "In this case, Mr. Zheng, after our deal, I will have 400 million. I want to buy an office building near the sea in Kwai Tsing District, and I will buy it according to the budget of 200 million. I think, with the resources of your Zheng family, this matter should be settled quickly."
"You..." Zheng Yumian was helpless. "Mr. Ma, you really know how to make the best use of things. Don't worry, I will do a good job on this matter."
"Then I'll leave it to you, Mr. Zheng. I'll be waiting for your good news," Ma Qing said with a bright smile.
(End of this chapter)
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