I'm in the county town, and you say I'm a big shot?

Chapter 402 Qian Xiaoli Wants to Open a Chain of Pharmacies
Fang Qingye called back and asked, "Is there a result in the auction?"

"Yes, just as you said, we were the only ones bidding for these two plots of land! We won them at the reserve price!" Luo Yan's voice was very excited on the other end of the phone.

"Great news!" Fang Qingye laughed. "I have good news too! I caught a six-pound crucian carp!"

Fang Qingye felt very happy.

"Hey, Chairman Fang, didn't you say you had something important to do at the nursery today?" Luo Yan asked on the phone.

Oops, I got a little carried away and let it slip!
Fang Qingye hurriedly explained, "I can only go fishing after the nursery business is finished, Mr. Luo. Now that we have acquired these two plots of land, everything should proceed according to the established plan."

Quickly steer the conversation back to the topic.
On the phone, Luo Yan said, "Don't worry, I'll arrange it as soon as I get back. It's about Huacheng Company borrowing money from Tuofang Technology."

"Send someone to Shanghai to contact Li Li, the vice CEO of Tuofang Technology. She will arrange for someone to handle the loan procedures," Fang Qingye replied.

"OK, I'll have Mr. Sun take some people over there."

Huacheng Development Company's successful bid for two plots of land in the city center caused quite a stir in the Nanxin real estate industry.

No one expected Fang Qingye to be so bold!

Of course, some people also criticized him for being arrogant and conceited.

In his office at Tenglong Group, Qian Weimin was browsing the latest announcement on the Municipal Land and Resources Bureau website, which published the results of the fourth batch of public land auctions in the four districts under the jurisdiction of Jinghai City this year.

At that moment, the office door opened, and a tall woman dressed in office lady attire entered; it was her daughter, Qian Xiaoli.

Qian Xiaoli has been admitted to the part-time MBA program at Shanghai University of Finance and Economics. She drives to Shanghai every weekend to attend classes. At the same time, she has also resigned from the county power bureau and is now serving as the assistant general manager of Tenglong Group. She has no specific responsibilities and is mainly familiar with the group's various businesses.

Seeing his daughter come in, Qian Weimin asked, "Xiaoli, have you seen the land auction results announced by the Municipal Land Bureau?"

"Look, Huacheng Company acquired two plots of land in one go. Ye Zi is really amazing," Qian Xiaoli said with a smile.

Qian Weimin was puzzled: "The situation is so bad right now, other developers are all stopping acquiring land and waiting to see what happens, but he's buying two prime plots of land at once! Isn't he afraid of being stuck with them?"

Qian Xiaoli paused for a moment, and instead of answering directly, she said, "In this MBA class, there are bosses, corporate executives, and some government officials. When they chatted after class, it was mostly about the country's politics and economy. They had this view: the country's regulatory policies have basically achieved their goals, and there is a high probability that the regulations will be relaxed next year."

"So, does that mean housing prices might rise next year?" Qian Weimin asked.

Qian Xiaoli nodded.

"Hey, this kid has a good eye. He bought the land while it's cheap, and will sell it next year when the government relaxes regulations and prices rise," Qian Weimin remarked.

"However, our Tenglong Company can't follow suit, as our funds are too tight. With this government regulation, our three main businesses—real estate, construction, and building materials—have all been affected, making life difficult."

In the end, Qian Weimin sighed deeply.

“Dad, that’s why I came to see you today,” Qian Xiaoli said.

"Sit down and talk."

The two of them sat down in the sofa area.

“Dad, but as you said, our Tenglong Group mainly focuses on the three major industries of real estate, construction and building materials. The advantage is that it connects the upstream and downstream industrial chains and saves costs, but the disadvantage is that it is easily affected by national policies, and we are all in the same boat, whether we prosper or suffer.”

"So I invested in the natural gas supply project, and it seems I made the right decision." Qian Weimin's face showed a hint of pride.

"However, Yuxiang Gas is still a bit small in scale, and besides, Tenglong only holds 50% of the shares, so the profits it brings to us do not account for a high percentage of the group's total profits."

"Therefore, I plan to discuss with Song Qingdong and Fang Qingye to expand the gas supply and try to secure the gas supply from Wuyang County next door as well," Qian Weimin said.

“That’s a good idea, but it’s quite difficult. Gas supply is a lucrative business, and the local business owners in Wuyang County are eyeing it covetously,” Qian Xiaoli said with a charming smile.

“It’s all about human effort, and I have a certain relationship with their County Chief Liao,” Qian Weimin said. “Dad, you three directors can discuss and decide on this matter. I’ve come to talk to you about something else today,” Qian Xiaoli said.

"what's up?"

Qian Xiaoli continued, "In my MBA program, I met a classmate from Hangzhou. We got along well; his family owns a pharmacy."

"Male or female classmate? How old are they?" Qian Weimin asked hurriedly.

Qian Xiaoli rolled her eyes at him and said, "He's a man! He's over thirty and already has a child."

"Oh"

"Their family doesn't do any other business, just running pharmacies. They have over a hundred pharmacies in the city and the surrounding counties, and the profits are very high."

"Chain pharmacies?"

"Yes, just like a supermarket, with unified pricing, unified procurement, and unified distribution, which greatly reduces costs. He said that nowadays people are paying more and more attention to their health, and no matter how the economic situation changes, they still need to take medicine, right?"

“I think what he said makes a lot of sense. I plan to take some time to go to Hangzhou for an on-site inspection and study. If I think it’s suitable, I will also open a chain of pharmacies in Jinghai area, starting in Nanxin and then gradually expanding to various counties and districts in Jinghai. I will personally be in charge of this business.”

Qian Weimin nodded in agreement: "That's good, but it will require a lot of funds, right? The group company is currently facing a tight cash flow situation."

“I’ve already thought it through, Dad. You can return the 3000 million yuan you invested in the rural bank. That will be enough for the start-up capital,” Qian Xiaoli said with a smile.

"Huh?" Qian Weimin didn't expect his daughter to have this idea.

“Look at the state of the village and township banks, they’re bound to go bankrupt sooner or later. You might as well withdraw your investment now, so you don’t lose your principal in the future.”

"Sigh," Qian Weimin sighed deeply after hearing his daughter's words.

The provincial banking regulatory bureau recently investigated rural banks. The investigation results have not yet been officially announced, but county leaders have already stated that all shareholders of Nanxin will return all the funds borrowed or misappropriated from the banks within half a month!
Miao Hongbin even called and personally discussed this matter.

He may not listen to Zhao Wenjun, but he cannot ignore Miao Hongbin!
The problem is that while these minority shareholders returned all their funds, Baoshang Bank, as the major shareholder, remained silent!
The county leaders were helpless, and even the provincial banking regulatory bureau was powerless to intervene. They could only report the matter to the China Banking Regulatory Commission for resolution.

Who knows when this will be completely resolved?

When Qian Weimin heard his daughter say that, he was moved.

"Okay, I'll talk to Zhao Wenjun first about withdrawing my investment!"

Fang Qingye was unaware of the content of the conversation between the Qian father and daughter, but he did receive a phone call from Huijing.

It was Nan Jing calling.

"Congratulations, Mr. Fang, on acquiring two plots of land in Jinghai city."

"Oh? President Nan, you noticed that too?" Fang Qingye asked with a smile.

"Of course, I'm an architectural designer, and land auctions in various regions are a key focus for us. Mr. Fang, is Yingfan Architectural Design involved in the design and planning of this building project?"

“Of course I welcome you, Mr. Nan, but we are going to hold a public tender,” Fang Qingye said.

“I know we will prepare according to your requirements. Just let me know in advance,” Nan Jing said.

"It's expected to be after New Year's Day. There shouldn't be any problem."

With the affairs of Huacheng Company being handled by professional managers such as Luo Yan, Fang Qingye no longer had to worry about them. He was now focusing on another matter.

Zixin Pharmaceutical, which has been temporarily suspended from trading for more than two months, is about to resume trading.

(End of this chapter)