1994: Vegetable farmers strike back

Chapter 221 A Big Gain
Before we knew it, it was afternoon, in a small conference room in Yunshan.

"Director Chen, isn't the investment cost a bit too high? 115 million yuan is almost four times the investment from last time!"

Huang Jianyuan looked troubled, as he and the other shareholders each held a financial plan.

I. The plan is to apply 2-3 tons of organic fertilizer per mu, with a purchase cost of 27 yuan. The reason is that the soil fertility is too poor, which affects the yield and quality.

Second, small arched greenhouses, including bamboo strips and plastic film, cover a total area of ​​500 mu (approximately 33 hectares) with a total investment of 250,000 yuan. Their main function is to keep out the cold and shorten the growing season.

3. A medium-sized bamboo-framed greenhouse of 100 mu (approximately 6.7 hectares) with a total investment of 200,000 yuan will be used to grow one season of snow peas.

4. Total cost of pesticides, fertilizers, seeds, etc.: 180,000 yuan;
Five: 20 in wages over two months.

6. Reserve fund of 50,000.

Total: 115 million yuan.

Not only Huang Jianyuan looked troubled, but Li Zaixing and Zhang Lerong also looked quite serious.

The shareholders of the previous batch of vegetables raised a total of 30 yuan for the resumption of production at Jiangxin Vegetable Market.

In reality, the 30 yuan was not even used up before Jiangxin Vegetable Market revived and made a fortune.

This time, the investment will be 115 million yuan.

Not only Huang Jianyuan looked troubled, but Li Zaixing and Zhang Lerong also hesitated to speak.

The total amount was 265 million yuan. After deducting 115 million yuan and the manager's 25% share of the profits, there wasn't much left.

The three of them looked at Xu Wenxiang simultaneously.

Xu Wenxiang also finished reading with a serious expression. "Director Chen, do you think everything on this is necessary?"

Chen Jiazhi sat next to her, opposite Huang Jianyuan, and nodded calmly.

"It's absolutely necessary; it's related to how much money we can make in two or three months!"

Li Zaixing asked, "Director Chen, is it possible to reconsider the use of small arched sheds and bamboo-framed greenhouses for warmth in Guangdong?"

Chen Jiazhi smiled and asked in return, "Mr. Li, do you think it's cold in Guangdong in winter?"

Li Zaixing: "It is quite cold sometimes, but how much does that affect vegetable growing? Snow peas can be grown outdoors, right?"

"Greenhouses are safer and can shorten the growing season. If you're lucky and encounter abnormal weather, you can make a fortune."

Chen Jiazhi paused for a moment, then said, "Even if the weather is fine, the vegetables supplied to Hong Kong will have a slight price advantage, which will ensure that we don't lose money. To put it bluntly, it's a gamble on the market. If we bet right, we'll make a fortune!"

Li Zaixing: "Is the small arched shed the same?"

Chen Jiazhi: "Small greenhouses are cheaper, but snow peas need trellises, which can't be used in small greenhouses."

Zhang Lerong, who was standing nearby, interjected, "Why must we plant snow peas?"

At that moment, Xu Wenxiang, Huang Jianyuan, and Li Zaixing also looked over.

"You don't have to plant them."

Chen Jiazhi shrugged and chuckled, "Actually, I also hope to have a smaller investment so that I can get a bigger share of the money. The decision is still up to you. Let's be straightforward, Mr. Xu. You give us your opinion: do you want to go with the low investment, or do we go with this?"

Benedict! Benedict!
Xu Wenxiang tapped the table twice, met Chen Jiazhi's gaze, and gritted her teeth: "Do it this way!"

Sister Xu has guts!
Chen Jiazhi sighed inwardly. He had to admit that Xu Wenxiang had given him the full support he needed.

He couldn't think of any other reason besides trusting her, which made him feel guilty, and he decided to stop calling her Sister Xu from now on.

Once Xu Wenxiang made her decision, the other three had no choice but to accept it, even if they wanted to.

Besides, they might have been willing to take a gamble; Chen Jiazhi might have also been gambling on the last batch of vegetables.

The matter was settled.

Once the investment is finalized, the next step involves profit sharing.

After deducting various costs, there is still more than 260 million yuan in the account. Adding the previous 30 yuan, the total cost of this batch of vegetables is about 35 yuan.

However, the profit sharing he received differed somewhat from the initial agreement.

If calculated strictly based on net profit, his dividend would be 260 * 0.25 = 65 yuan, but that was an agreement based on annual net profit.

Now, if Chen Jiazhi wants to get the money in advance, we have to deduct the market's reserved operating funds before calculating his dividends.

The farm manager's profit sharing is calculated based on costs, and of the remaining money, he also receives 5% as shareholder dividends.

After some calculation, Chen Jiazhi received a total of 36.25 + 5.44 = 41.69 yuan!

The amount of money he received was second only to that of the major shareholder, Xu Wenxiang, who held approximately 56% of the shares and received 60.9 yuan.

Huang Jianyuan holds 27% of the shares and received a dividend of 29.4 yuan.

Li Zaixing received approximately 6%, amounting to 6.5 yuan in dividends.

Zhang Lerong received approximately 6%, amounting to 6.5 yuan in dividends.

After the money was divided, the atmosphere gradually became harmonious again.

In any case, this is a remarkable turnaround for Jiangxin Vegetable Market, and the first time the shareholders have seen a return on their investment.

It is worth celebrating.

That evening, Xu Wenxiang hosted a small celebration banquet at Yunshan. There were only one table of people.

However, Chen Jiazhi, who was the main contributor, was frequently toasted, especially by Xu Wenxiang. It was the first time Chen Jiazhi had drunk with her, and he was unaware of her true intentions, so he almost fell for her trick.

Thankfully, I managed to retain what little sanity I had left and returned to my hotel room, where I lay down and fell asleep immediately.

When he woke up, he felt a little hoarse and weak, but he remembered that he needed to go to the bank to do some business today, so he forced himself to go to the hotel lobby to wait.

Only after the money was in his account did he suddenly relax.

In fact, he was always very wary of Xu Wenxiang and the others. He didn't know much about finance and was always worried that he wouldn't get the money and would end up working for nothing.

But now it seems he was too suspicious; perhaps Xu Wenxiang deserves more of his trust.

As soon as he relaxed, the aftereffects of drinking last night returned, so he went back to his hotel room in Yunshan and took a nap.

Lying on the soft, large bed, Chen Jiazhi thought how wonderful it would be if Li Xiu were here. He drifted off to sleep, but after an unknown amount of time, the figure of Sister Xu inexplicably appeared in his dream. Startled, Chen Jiazhi woke up with a jolt and couldn't fall back asleep.

"Damn, it's like a ghost that won't go away!"

"Boom boom boom!"

After some time, there was a knock at the door. Chen Jiazhi put on his slippers and called out, "Who is it?"

"I am Xu Wenxiang."

Chen Jiazhi opened the door and saw Xu Wenxiang standing in front of the door, scrutinizing him.

"Director Chen, your alcohol tolerance isn't very good. You're acting like you're going to die after drinking just a little bit."

Chen Jiazhi curled his lip: "So you came here specifically to mock me. I had quit drinking, but I made an exception last night because I was happy."

Xu Wenxiang looked at him suspiciously and said, "I came to call you for lunch, and I also prepared some hangover soup. Come and have some."

Speaking of this, I am indeed getting a little hungry.

The two walked out side by side.

While at the restaurant, they unexpectedly ran into Tang Xiao and another man, but the two of them avoided him when they saw him and Xu Wenxiang.

Xu Wenxiang smiled and said to Chen Jiazhi, "Those shareholders who withdrew their shares before all regret it. These past few days, they've been avoiding me and General Manager Huang."

After sitting down, the food was already prepared. Chen Jiazhi first ladled himself a bowl of seafood porridge, took a couple of sips, and then spoke.

"Spruce has quite a few shareholders, and it seems they've been working at the hotel for a long time?"

“Yes,” Xu Wenxiang said. “When we first started, we were worried about the risks, so we brought in a lot of people. Now, that has become a constraint.”

Is it difficult to run a hotel?

"It's alright. In recent years, the policies have been relaxed, and many people have come to Huacheng to do business, so the hotel has no shortage of business."

Have you considered investing in hotels in other locations?

"Why are you asking this?" Xu Wenxiang looked up and smiled, "You're also thinking of investing in a hotel?"

Chen Jiazhi drank his porridge in silence, thinking about two things: investing in real estate and the National Day holiday market he had mentioned before.

Alongside the National Day holiday travel boom, there are also the May Day and Spring Festival holidays, with these three major golden weeks driving a significant tourism surge.

The hotel industry was very profitable during this period.

The hotel has further fueled the demand for vegetables.

The rapid spread of vegetables such as choy sum, kale, and mustard greens from a regional region to the whole country owes much to the demand from hotels in tourist areas.

Chen Jiazhi knew so much because of his brother-in-law, Yi Dinggan, who was probably one of the earliest people in Chengdu to grow Chinese cabbage.

Its early development was inseparable from the support of several major clients, one of whom was nicknamed "Big Monk". Its vegetable suppliers included hotels in scenic areas such as Jiuzhaigou and Huanglongxi, as well as five-star hotels such as the Chengdu Century City Paradise InterContinental Hotel and the Century City Convention and Exhibition Center.

In his previous life, he would occasionally deliver goods to Century City for several years.

In addition, the head monk also frequently delivers goods to cities that are even more distant.

After Yi Dinggan stopped growing vegetables, Chen Jiazhi took over this client, and the feeling of working with him was simply: great!
Large quantities, high prices, and prompt payment!
However, the development of the Daheshang (Great Monk) was not achieved overnight; it likely grew alongside the tourism and hotel boom.

This is a very important piece of information that Chen Jiazhi sorted out after reviewing his past life memories.

However, my previous plans were only to plan for the annual Golden Week holiday or to supply hotels in scenic areas.

I haven't considered investing in a hotel yet.

Because he wanted to sell vegetables, he ended up investing in a hotel. Wasn't this all for a bowl of vinegar, which led to the making of a batch of dumplings?

Besides, he doesn't have that ability.

However, after getting to know Yunshan, especially after Xu Wenxiang brought it up at this moment, Chen Jiazhi had a new idea.

The three major Golden Week holidays won't be until the end of the century, which is still several years away.

This period can also be used to accumulate capital.

At the same time, whether it is a hotel in a scenic area or a hotel in a city, they all belong to real estate.

Real estate will remain a high-quality asset for the next 20 years, appreciating rapidly. It's also possible to sell it when the time is right.

It can also be used for vegetable market sales.

If you have the money, it might be worth a try; if not, you'll have to go with delivery.
"Hello~"

A slender hand waved in front of Chen Jiazhi's eyes.

Xu Wenxiang exclaimed in surprise, "You're so engrossed in thinking about it, you really want to invest in a hotel?!"

Chen Jiazhi snapped out of his daze and shook his head: "I can't afford to waste this little bit of money."

He still wanted to wait a little longer, starting with what he was best at – growing vegetables – and also to observe and get to know Xu Wenxiang and the Spruce Hotel.

He doesn't really understand this industry either.

But there's still plenty of time, no rush.

Xu Wenxiang said disdainfully, "You only took 40, and your base in Dongxiang must have made a lot of money this time too. If you say you have no money, that's a bit of a lie."

"Investing this little bit of money in a hotel is just a drop in the ocean, as you Cantonese people would say."

After drinking another bowl of seafood porridge and eating some vegetables, Chen Jiazhi left the Spruce Hotel under Xu Wenxiang's questioning gaze.

He really made a fortune from this!

In addition to the 41.69 yuan from Jiangxin Market, Dongxiang Market's sales revenue over the past 15 days reached 286750 yuan!
He also had 32 yuan in another savings account.

Besides the money he paid for the vegetable worker this month, his net worth is also steadily over 70 yuan.

This is a huge windfall!

(End of this chapter)