Chapter 205 Killing two birds with one stone

Shen Luning had long heard that taxi license plates had been increasing in price, and she and her father were now paying even more attention to the market for taxi license plates than Chen Cheng was.

Upon hearing that Chen Cheng had sold Jietong Taxi, she disregarded her lunch break and immediately called Chen Cheng back. As soon as he answered, she excitedly asked, "Little brother, how much did you sell your company for?"

"Eight million four hundred thousand."

Chen Cheng answered truthfully.

"Mom!"

Shen Luning hissed, then let out a long sigh and exclaimed, "You're amazing!"

Chen Cheng laughed and said, "Hurry up and send me your bank card number. I'm waiting at the bank to transfer the money."

Shen Luning said, "Are you sure you don't need to spend money? Does your website also require payment?"

Chen Cheng said, "The money needed for the website has been set aside. Send me your bank card number."

"That's fine."

Shen Luning said, "I'll text you in a bit. Let me know if you need the money again anytime."

After obtaining Shen Luning's bank card number, Chen Cheng filled out two remittance slips, one for Shen Luning and one for Lu Youyou.

He carried Lu Youyou's card with him at all times. After filling in the card number, he wrote 1.2 million in the amount column on both remittance slips.

Of the 6.4 million, 2.64 million was given out, leaving 3.76 million. Including the 2 million final payment in three days, Jietong Taxi's net profit is 5.76 million.

For Chen Cheng, this has exceeded his expectations.

After leaving the bank with Yan Ruoxuan, Chen Cheng checked Lu Youyou's bank card balance at the ATM. He happened to know the password, and when he saw the balance was 1.2 million, he happily withdrew the card and put it away, planning to deliver it to Lu Youyou at some time.

Yan Ruoxuan, who was standing nearby, was curious and asked him, "Did your high school classmate give you all the cards?"

"It's what I want."

Chen Cheng said, "She lent me all the money in her card, so I took the card back. That way, it's easier to pay her back."

Yan Ruoxuan's eyes darted to her toes, and she nodded slightly, muttering, "You also know her password."

"Yes, she told me."

Chen Cheng casually replied, glanced at the time, and said, "Let's go, class monitor, let's find a place to eat, and then we'll go back to school."

Yan Ruoxuan nodded absentmindedly, her mind filled with images of Lu Youyou.
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Yan Chengbin, who was far away in southern Jiangsu, had long known that Chen Cheng was selling the company.

When Yan Ruoxuan left the school with him, Yan Chengbin had already learned of her whereabouts.

Yan Ruoxuan's card was activated, and the bank sent another message. When he learned that Chen Cheng had transferred 240,000 yuan to his daughter, he guessed that the extra 40,000 yuan was interest paid by Chen Cheng.

He felt that the 20% interest rate was too high, but his wife Chen Min said, "Have you checked Chen Cheng's bank statements? How much did he pay back to the other two girls?"

Yan Chengbin called again to ask, and soon received the news: "Chen Cheng transferred 1.2 million to both girls, it seems that he paid them all at a 20% interest rate."

"They're quite particular."

Chen Min nodded slightly and sighed, "His company makes a lot of money. He still has forty targets to meet, and he earns more than ten million a month. That's really impressive."

Yan Chengbin smiled and said, "That's nothing. His Renren.com is the real deal. I asked some people in the know, and there are only two possibilities for its future: either it will be squeezed out by competitors and become worthless, or it will be listed on the US stock market. Once it goes public, its market value will be at least several hundred million US dollars."

Chen Min exclaimed in surprise, "Is making money in the internet industry really that easy?"

Yan Chengbin said, "It's not easy. He certainly can't achieve a market value of several hundred million US dollars on his own. He definitely needs capital to push him forward. From now until the successful listing, he will have to exchange at least 30% to 40% of his shares for investment from capital. After the listing, there are various restrictions on reducing his holdings, so it will probably be more about his net worth than cash."

"That's pretty awesome too."

Chen Min sighed and asked him, "If his line of work requires investment, should we invest some?"

Yan Chengbin said, "I'm willing to invest anytime. I'm just afraid they won't accept our money."

Chen Min asked, puzzled, "What happened to our money? Why doesn't he want it?"

Yan Chengbin explained, "Their industry is a bit different from other industries. I've heard that internet companies generally prefer to invest in US dollar funds. After receiving the investment, the company's finances will be structured in US dollars, which makes it easier to list in the US in the future. Moreover, internet companies prefer to use US dollars from professional investment institutions rather than ordinary investors because they need investment institutions to help them access various resources. In short, they want to find investors who can provide both money and effort, as well as connections." Chen Min said somewhat resentfully, "Why make it so complicated? Chen Cheng's website is just starting out, and he might not consider things this way. I think you could have Xuanxuan ask him. What if he agrees? Although we can't help him with relevant resources, we can use money to our advantage. If they give him a million US dollars, we can give him the same number of shares for ten million RMB. Consider the extra million RMB we give as a premium based on the exchange rate. If that's not enough, we can give him a little more."

Yan Chengbin shrugged and smiled: "Does he lack ten million RMB from you? With so many reserves of his own, he wouldn't even look at an investment if it didn't come at least fifty million RMB."

Chen Min rolled her eyes at him: "I was just giving an example. If he were to ask someone else for ten million US dollars, wouldn't it be enough for us to give him one hundred million RMB?"

At this point, Chen Min instructed him, "Moreover, this isn't just about doing business. If he agrees, he'll naturally have more and more contact with us. If we really want him and Xuanxuan to get together in the future, having this connection will make it easier. If all else fails, we can register his share of the shares directly under Xuanxuan's name as a dowry. Wouldn't that be a great deal for him?"

Yan Chengbin was startled and asked her, "Aren't you thinking too far ahead? Xuanxuan has only just started college and hasn't even officially started dating Chen Cheng yet, and you're already considering her marrying Chen Cheng?"

Chen Min said, "This is called being prepared! Don't forget that Chen Cheng is very popular with women. Those two girls each lent him a million, and Xuanxuan only lent him another two million because she was eager to lend him money. Otherwise, he would have been at a disadvantage in terms of lending money. Moreover, since we are optimistic about his Renren.com and about him, we should think of a way to kill two birds with one stone. Investing in his Renren.com is the same as investing in him at the same time. When the time comes, you can get two things done for one penny. You'll be secretly happy when both are successful!"

Yan Chengbin frowned, clearly beginning to seriously consider what Chen Min had said.
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Shen Luning's bank card did not have transaction alerts enabled.

After Chen Cheng told her that the money had been transferred to her, she didn't take it seriously at first.

However, thinking about how his father had been following Chen Cheng's advice to increase income, reduce expenditure, and hoard cash recently, he wondered if he could transfer the money to his father since Chen Cheng no longer needed it, as a token of his goodwill.

Recently, Shen Zhou has not only been working on cash recovery at Lingzhou Pharmaceutical, but he has also been privately pooling his family's funds. The funds recovered by the company are for Chen Cheng's advice to wait for the right opportunity, while the funds he is privately pooling are to find an opportunity to buy back the shares from the minority shareholders.

Since the minority shareholders are not on my side, I should get rid of them so that I can concentrate on dealing with Tianyun Pharmaceutical.

Shen Luning knew that although one million yuan wouldn't be of much help, it would definitely give her father more confidence and assurance. So she didn't tell Shen Zhou and went to the bank alone to transfer the money.

Before entering, she checked her balance on the ATM to make sure Chen Cheng's money had arrived. But when she saw that her balance was over 1.3 million, she was surprised. She remembered that she only had a little over 100,000 in her account. Although she had received her October salary, she only earned a few thousand yuan a month. Chen Cheng had repaid her one million, so where did the extra 200,000 come from?
At first, she didn't expect Chen Cheng to give her interest, so she even called her dad to ask, "Dad, have you transferred any money to my card recently?"

"No."

Shen Zhou casually mentioned it, then asked her, "What's wrong? Are you short of money lately?"

"No."

Shen Luning explained, "Chen Cheng said he returned my money, but I have an extra 1.2 million in my account. I wanted to ask if you transferred it to me."

Shen Zhou reminded her, "Ask Xiao Chen if he hit him."

Shen Luning muttered to herself, "It shouldn't be, I only lent him one million."

Shen Zhou said, "You should ask him first. I think there shouldn't be anyone else besides him."

"Row……"

Shen Luning said, "Then I'll call him and ask."

After hanging up, she called Chen Cheng again. By then, Chen Cheng had already eaten with Yan Ruoxuan and returned to school.

Upon receiving the call, he asked with a smile, "Did Sister Ning need something?"

Shen Luning asked him, "You brat, how much money did you give me?"

Chen Cheng answered truthfully, "One hundred and twenty."

"Are you crazy?"

Shen Luning said reproachfully, "Why did you transfer so much money?"

"Interest."

Shen Luning's voice was somewhat displeased: "Who asked you for interest? Even if you really wanted to pay interest, you could have treated me to a meal. What's the point of giving so much money?"

Chen Cheng smiled and said, "Without Sister Ning's help, how would I have had the opportunity to earn this money? With such great trust and such great profits, I should show my appreciation. Otherwise, I would feel bad. Not only Sister Ning, but I also pay 20% interest to everyone else who lent me money."

Shen Luning said coldly, "Give me a bank card number and I'll transfer the money to you. If you do this, who will dare to lend you money in the future?"

Chen Cheng laughed and said, "Sister Ning, this coldness is not your usual behavior. Besides, even if you borrow money again in the future, you won't pay such high interest rates. Where else can you find such a good thing as earning millions a month?"

Before she could object, Chen Cheng quickly comforted her, "Sister Ning, just think of it as your brother making money and expressing his gratitude. Don't think of anything else. But if you send it back to me, I won't call you 'sister' anymore."

(End of this chapter)

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