Hong Kong 1980: The Savage Era

Chapter 76 076 [Shengyun Printing]

"In fact, last week, my eldest brother proposed to use the funds of Haofeng Real Estate to restructure the debt problem of Jide Real Estate Company, but my mother refused, so my eldest brother had no choice but to take the risk."

Luo Qihong was not very interested in the feud between Lin Zuhui's family and did not want to intervene. He intervened before just to declare his ability and prevent the Lin brothers from provoking him.

Luo Qihong suddenly remembered that Ji De Real Estate Company seemed to have rented an entire floor of Fuxing Building on Bailey Street in Central, which was worth 1300 million yuan, and this was the price at the beginning of the year.

If Paramount Company could acquire this property at a low price, it would be able to increase the value of its assets and improve the level of Paramount Company.

"Rocky, do you want to take charge of Jide Real Estate Company?" Luo Qihong asked with a smile.

Hearing this, Lin Luoqi's pupils widened, but dimmed again after a few seconds. "I do want to, but even if I take over Jide Real Estate, it will be difficult for me to restructure its debt and asset structure."

"The industrial building property of Jide Real Estate Company has reached the point where it has to be sold. Although there will be a relatively large loss, it can be made up from other places." Luo Qihong said misleadingly.

"How to make up for it?" Lin Luoqi became interested.

Luo Qihong smiled and said, "I have a project here that should make a few million, which is easy to make up. But I have a condition. After you take over Jide Real Estate Company, you must sell the property on the floor of Fuxing Building in Central to Paramount Company at the market price. How about it?"

Lin Luoqi was a little hesitant. The most valuable property of Jide Real Estate was the first floor of Fuxing Building in Central. However, if he could seize control of Jide Real Estate, it would be a good thing for himself but a bad thing for Lin Luoxun. In this way, he could win both ways.

"Okay!" Lin Luoqi said, "I'm worried that it will be difficult to seize control of Jide Real Estate Company. My dad won't easily deprive me of control."

Luo Qihong smiled and said, "Your father would probably not let the family's dirty laundry be aired in public, so he would be gentle with Lin Luoxun. But you can make a big deal out of this. Aren't there other small shareholders in Haofeng Real Estate?"

Lin Luoqi nodded. Of course he had thought about this idea, but there was no guarantee that Jide Real Estate Company would fall into his hands.

“After things get out of hand, you also have to think in advance about how to appease those shareholders and handle the matter. At the same time, don’t attack Lin Luoxun, but don’t say good things for him either. Just be fair.” Luo Qihong continued.

"My dad may not believe this." Lin Luoqi still felt that it was not feasible.

"Whether you believe it or not is not important at all. What's important is that you behave like a great general, put the interests of the family first, and put aside other grudges." Luo Qihong said with a smile.

Luo Qihong knew that Lin Zuhui would only hand over the management rights of Jide Real Estate to outsiders when it was absolutely necessary. As for Lin Luoshi, if Lin Zuhui was not confused, he would never hand it over to Lin Luoshi, otherwise Jide Real Estate would be ruined.

Therefore, as long as Lin Luoqi performs better, Lin Zuhui will still choose Lin Luoqi as the first candidate. Of course, in the future, Lin Luoxun has a great chance of regaining control, but that has little to do with Luo Qihong.

"What if I still can't get it?" Lin Luoqi didn't think it was safe to do so.

Luo Qihong spread his hands and said, "Don't worry! As long as you don't come into direct contact with those shareholders, you won't lose anything."

"Okay!" Lin Luoqi looked at Luo Qihong deeply and nodded slightly.

There is no such thing as a foolproof thing in the world. If you are 7% or 8% sure, you can try your best. Luo Qihong muttered to himself.

Sheng Yun Printing Co., Ltd., 3/F, Long Yun Building, North Point
This is a small company with only 5 workers. It rents half a floor here and has two sets of printing equipment.

As for why you want to sell the company?
The reason was a bit bad. The wife of the boss Mu Jisheng needed hundreds of thousands of yuan for surgery. The previous medical treatment had already used up all the family savings. Now they could only sell the company to raise the surgery fee. Luo Qihong certainly would not be too kind. He would definitely purchase according to the market conditions and would not pay more.

There are too many people in the world who need help. Mu Jisheng’s wife is lucky because at least there is someone like Mu Jisheng who is willing to spend all his wealth to save her.

Mu Jisheng looks a bit sloppy, with a bald head and wrinkles on his suit.

"Mu Sheng, let's get started. Everyone's time is precious." Luo Qihong said with a polite smile.

Luo Qixing, who was sitting next to him, felt a little uneasy and was not used to this kind of situation.

"Okay! Mr. Luo! Although Shengyun Printing is small in scale, its business performance is obvious to all. We have a lot of business contracts on hand, and it is not a problem to earn 1 or 2 yuan a month. So I ask for 65 yuan, which is not a high price." Mu Jisheng said to the Luo Qihong brothers.

"I have checked. Mu Sheng has contacted many buyers. The highest bid should be 48 yuan. The difference is 17 yuan, which is quite impressive." Luo Qihong smiled gently.

Mu Jisheng initially thought that the two were so young that they would be easy to deal with, but now it seems that they are not easy to deal with either. "Luo Sheng, both sets of equipment are worth 30 yuan. Isn't the business I have worth some money?"

"Of course it's valuable, otherwise it wouldn't even be worth 48." Luo Qihong said bluntly, "I'll give you an extra 4, 52, how about that?"

Mu Jisheng shook his head and said, "It's too low. Seeing that Luo Sheng is so sincere, I'll lower the price to 62."

Luo Qihong said, "I can buy a larger printing company at this price. There's no need to argue with Mu Sheng. The price is 55! If it's higher than this, I'll just look for another company."

"Luo Sheng, Shengyun Printing can make more than 10 yuan in profit a year, and it will pay off in 4 or 5 years. If I hadn't been in trouble, I would never sell the company." Mu Jisheng sighed and said, "60, how about it?"

"Mu Sheng, business is business. It is not about personal relationships. We can only estimate based on the actual situation. The final bargaining is 57." Luo Qihong said.

Luo Qixing was very nervous. 57 yuan, how long would it take him to earn it back? What if he incurred losses?
"Okay, 57 is 57. Luo Sheng has to pay me 57 in one lump sum. I need this money urgently and can't wait." Mu Jisheng said with a dejected look.

"OK! As soon as the contract is signed, I will pay you immediately." Luo Qihong thought for a moment and said, "Since the deal has been concluded, please give me the financial information so I can review it."

Luo Qihong has taught himself financial courses for several months and has some basic financial auditing skills. He also does not want to hire a financial company to help with the audit for such a small company.

Mu Jisheng agreed decisively, took out a thick account book from the drawer and handed it to Luo Qihong.

Luo Qihong checked the documents one by one, and it took him nearly two hours to finish reviewing the account book, but he did not find any loopholes for the time being.

"Ah Hong, isn't this company too expensive? They asked for 57 for two sets of equipment. If we bought two sets of equipment ourselves, it would only cost 34 at most. But they asked for 23 more, which is the price of half a house." Luo Qixing looked around and found that there were no outsiders, so he said this to Luo Qihong.

Luo Qihong smiled and said, "Brother, this is not expensive. The extra 23 is the value of these businesses and the company's reputation. The equipment certainly doesn't need to be so expensive. If it's just the equipment, how long do you think it will take to have such a business volume?"

Luo Qixing shook his head. "I don't know, but it shouldn't be a short time."

"If I were to set up a printing company, it would take me more than half a year to handle this amount of business. I could earn 10 yuan in this half year. Moreover, you can move the equipment from Kowloon Bay here to do it together, which will save a lot of rent," Luo Qihong explained patiently to Luo Qixing.

(End of this chapter)