Film and Television: Bao Zong has finance in his left hand and entertainment in his right.

Liu Xiaobao glanced at Hu's father and noticed that his father-in-law was looking straight at the newspaper and didn't seem to be inviting him to come and live with them. Liu Xiaobao tactfully declined Hu's mother's invitation.

"Mom, no need. I was just talking about this with Ling'er yesterday. We want to buy another house, as our home in Beijing."

"Buy a house? Xiao Bao, didn't you give Ling'er a courtyard house before? Why don't you two just live there? Don't waste any more money!"

Liu Xiaobao shook his head and laughed, "Mom, that was my betrothal gift to Ling'er, how could I take it back? Don't worry, Mom, buying a house isn't a waste of money, it's actually an investment. When the capital becomes more prosperous in the future, who knows how many times the investment in buying a house today will be worth!"

Although Hu's mother wasn't in business, she was a knowledgeable person, and after hearing what Liu Xiaobao said, she stopped objecting.

At this point, Mr. Hu spoke up: "If you're going to buy, buy a courtyard house. While waiting for its value to appreciate, it's also a way to protect cultural heritage!"

Liu Xiaobao immediately agreed, "Yes, Dad, I'll do as you say and buy a courtyard house!"

If Liu Xiaobao hadn't been worried that his father would think he was arrogant, he probably would have said he would buy up all the courtyard houses in Beijing.

If Liu Xiaobao said this, he wasn't bragging. With his current 500 billion yuan, buying all the courtyard houses in Beijing at this time wouldn't be a problem at all.

After all, even in Beijing at that time, a house only cost a little over 50,000 yuan.

However, Liu Xiaobao didn't want to leave his father-in-law with any arrogant impression, so he wouldn't say or do that.

Sure enough, Liu Xiaobao's reaction made Mr. Hu feel that he was very obedient. Mr. Hu nodded and said, "Well, I heard from my old leader that you plan to invest in some of the country's key resource projects. I'd like to ask you, how much exactly are you planning to invest?"

Without a second thought, Liu Xiaobao replied, "I'm probably planning to invest around 500 billion, but the exact amount will depend on how much funding each project requires and how much of that funding I get."

Hearing Liu Xiaobao's words, Hu Ruoling was relatively calm, as she already knew about Liu Xiaobao's family background when she was in Hong Kong.

But Mr. and Mrs. Hu were both stunned, even Mr. Hu, who held a high position, was dumbfounded.

Mr. Hu had only heard the old man mention that Liu Xiaobao would make large investments, but the old man did not know the exact amount.

Mr. Hu had previously estimated that Liu Xiaobao would invest at most a few hundred billion, or at most a hundred billion, but he never expected that Liu Xiaobao would actually invest five hundred billion!

As they held high positions, Hu's parents were naturally aware of the country's financial situation. Liu Xiaobao's 500 billion was equivalent to two years of national fiscal revenue, so how could they not be shocked?

Especially Hu's mother, she never expected that her son-in-law was not only rich, but also a tycoon whose wealth was comparable to that of a country.

After regaining her senses, Hu's mother subconsciously asked Liu Xiaobao, "Xiaobao, where did you get so much money?"

Upon hearing Hu's mother's question, Hu's father also looked at Liu Xiaobao with slight nervousness.

Seeing the serious expressions on his parents-in-law's faces, Liu Xiaobao knew what they were worried about, so he smiled and replied, "Mom and Dad, don't worry, I earned all this money in the stock market. It's all legitimate, there won't be any problems!"

Hearing Liu Xiaobao say this, Mr. and Mrs. Hu breathed a sigh of relief.

After thinking for a moment, Mr. Hu spoke up.

"Xiao Bao, don't flaunt your wealth. You can't expose your riches to outsiders. Also, you have too much money. I suggest you don't focus on just one or two big projects. The country's resources won't be allocated to you in large quantities. You'd better be prepared to diversify your investments across various sectors."

Liu Xiaobao nodded: "I had already guessed this situation. Dad, don't worry, I will also establish a Tianbao Group in Beijing, which will be involved in investments in multiple national sectors. At that time, I will also let Ling'er be in full charge of the projects in Beijing!"

Hearing Liu Xiaobao's words, Mr. and Mrs. Hu were stunned once again.

After regaining her senses, Mrs. Hu stammered as she pressed Liu Xiaobao for an answer: "Xiao...Xiaobao, did I hear that right? You said you wanted Ling'er to be in full charge of such a large business?"

Liu Xiaobao smiled and glanced at Hu Ruoling beside him before answering Hu's mother.

"Mom, you heard me right. I'm planning to have Ling'er take charge of the project in cooperation with the country. As for how much money it is, it doesn't matter. Ling'er and I are already husband and wife. What's mine is hers. Besides, I don't trust anyone else to take charge of it. I can only feel at ease if I entrust it to Ling'er!"

At this moment, Mr. Hu chimed in, "Xiao Bao, I am very touched by your concern for Ling'er, but with such a large sum of money and Ling'er having no business experience, isn't it a bit too frivolous to entrust her with the management?"

Seeing that Hu Ruoling also looked nervous, Liu Xiaobao smiled and replied to Hu's father.

“Dad, experience is accumulated through practical experience. We have to give Ling’er opportunities so she can gain more experience. Besides, as the person in charge, she doesn’t need to do everything herself. She just needs to oversee things and leave the rest to professionals. So it’s not too difficult to let Ling’er take charge of these things.”

Hearing what Liu Xiaobao said, Mr. and Mrs. Hu did not say anything more. Firstly, they were afraid of hurting their daughter's self-esteem, and secondly, they thought Liu Xiaobao was right. It was indeed not reassuring to entrust so much money to others to manage.

So Hu's parents tacitly approved of Liu Xiaobao's suggestion and decided to let Hu Ruoling give it a try first. If she was not capable, they would find someone else later.

Chapter 179 Key Project Investments and Profit Distribution (Please Subscribe)

What Liu Xiaobao said at the Hu family's house was not just casual talk.

Having just left the Hu family's house, Liu Xiaobao, accompanied by Hu Ruoling, began to stroll around the traditional courtyard houses of Beijing.

Finally, within the Second Ring Road, Liu Xiaobao chose a courtyard house with two lanes and four entrances, and these two courtyard houses were only separated by a wall. As long as the wall was broken down, the two courtyards could be combined into one.

Liu Xiaobao's intention in choosing these two courtyard houses was to combine them into one courtyard, so that it could become a large courtyard with eight gates.

He had planned it out according to the idea of ​​having seven wives in the future, with each wife entering the courtyard as their future home in the capital.

Of course, although they bought the two courtyard houses, Liu Xiaobao and Hu Ruoling did not rush to move in. Instead, they handed them over to a renovation company for renovation.

The old-style courtyard houses in Beijing are great in every way, except that it's inconvenient to use the toilet. So Liu Xiaobao wanted to renovate the interior of the courtyard house and also build a modern bathroom in each room.

Once the renovations of these two courtyard houses are completed, Liu Xiaobao will move in with Hu Ruoling. For now, they are still staying at the State Guesthouse.

With only four days left until the Spring Festival, the old man finally summoned Liu Xiaobao again.

This time, Liu Xiaobao was not disappointed. Upon meeting, the old man immediately informed him of the results of the leadership meeting.

"Xiao Bao, we at 667 have studied your proposal and come to a conclusion. We've decided to let you participate in those key projects. However, the share we're giving you isn't much, so don't worry too much about it. After all, these are large-scale national resource projects that can generate permanent revenue."

Liu Xiaobao had anticipated this outcome, so he didn't pay much attention to it. He simply asked the old man about the specific amount he needed to invest and the detailed allocation of shares.

The old man didn't keep Liu Xiaobao in suspense and told him the details of the investment and the allocation of shares.

In the country's heavy industries, Liu Xiaobao needs to invest 50 billion yuan to reform production, and he will be allocated a 5% share.

In the energy sector, Liu Xiaobao will need to invest 80 billion yuan to lay oil transportation pipelines, and he will receive a 4% share.

In the communications sector, Liu Xiaobao will need to invest 70 billion yuan to build signal towers in various locations, and he will also receive a 5% share.

In terms of mineral resource development, Liu Xiaobao needs to invest 40 billion yuan in exploration and surveying, but he can only be given a 3% share in this regard.

In terms of highway construction, Liu Xiaobao needs to invest 100 billion yuan in outsourcing construction. Liu Xiaobao will receive a larger share of this, about 6%.

In terms of transportation, Liu Xiaobao needs to invest 60 billion yuan to purchase airplanes, trains, cars and ships, and he can only be given a 5% share in this area.

After saying these words, the old man seemed a little embarrassed.

The old man knew that it was somewhat unfair to let Liu Xiaobao invest so much money but only give him such a small share of the profits.

But the old man didn't know that Liu Xiaobao was overjoyed after hearing what the old man said.

Liu Xiaobao originally thought that he could only get about three percent of the profits from these projects, but he didn't expect to get five percent.

Don't underestimate those two small percentage points; in the long run, they can amount to astronomical profits.

For example, heavy industry. Once the country develops, heavy industrial equipment will be needed everywhere. And old equipment will be replaced with new equipment. At that time, the profits that can be earned can reach tens of billions every year. How much will it be in ten years? How much will it be in a hundred years? So, investing 50 billion and getting a 5% return is already very good.

Take energy as another example. When there are more vehicles in the country, just the daily refueling of all those vehicles across the country will generate huge profits. Just think of PetroChina, which will be ubiquitous in the future, and Liu Xiaobao can imagine how big the profits in this area will be. He has only invested 80 billion yuan and can already get a 4% return on investment, which is actually a huge bargain.

Take telecommunications as another example. Although not many people use mobile phones now, when mobile phones become widespread, just think about such a populous country. The phone bills alone will be astronomical. Liu Xiaobao only needs to invest 70 billion yuan to get a 5% return on investment. He still made a huge profit.

As for highway construction, although it seems like investing 100 billion is a bit too much, once the highways are built and tolls are collected everywhere, the profits will be huge. So, if Liu Xiaobao can get a 6% return on his 100 billion investment, that's a huge profit.

Needless to say, the transportation aspect is also a huge benefit. China is a populous country with countless people using public transportation every day, so the returns are naturally quite substantial. Liu Xiaobao only invested 60 billion yuan and was able to get a 5% return on the profits, which is still a huge profit.

If this distribution of benefits is followed, by the 21st century, Liu Xiaobao could receive hundreds of billions of yuan in benefits every year, even if he did nothing.

So after listening to the old man's words, Liu Xiaobao was not displeased at all, and without even hesitating, he immediately replied to the old man.

“Okay, Grandpa, it will be as you say. I will cover all the investments, and the profit distribution will be as you say!”

Hearing Liu Xiaobao say this, the old man felt even more embarrassed. He sighed softly and said to Liu Xiaobao.

"Xiao Bao, although the share of these profits is not high and is somewhat disproportionate to your huge investment, it is the highest share I have managed to secure for you. Don't blame your grandfather for not doing a good job!"

Liu Xiaobao smiled slightly: "Grandpa, what are you saying? I am already extremely grateful to you for securing these shares for me. How could I possibly complain? Moreover, I am already very happy to be able to help the country complete its economic construction while also receiving a return on my investment!"

Seeing that Liu Xiaobao didn't seem to be lying, the old man's 'embarrassment' softened slightly.

"Good, it's rare that you're willing to sacrifice for the development of our country, Xiaobao. Grandpa was right about you. But these projects together require an investment of 400 billion. Can you come up with that much money?"

Liu Xiaobao smiled and said, "Grandpa, don't worry, there's no problem. To be honest, I still have 500 billion yuan in cash on hand. I originally planned to invest all of it in national construction, but I didn't expect that I wouldn't be able to use it all."

The old man nodded: "That's good. Then I'll have the current leader sign the contract with you!"

Liu Xiaobao agreed, and then tried asking the old man again.

"Grandpa, now that we've already started, and I still have 100 billion left, could you perhaps help me secure some funding for national healthcare and education as well? I can use that 100 billion to build schools and hospitals across the country."

Chapter 180 Signing the Contract in Beijing, Celebrating the New Year in Hong Kong (Please Subscribe)

This time, the old man did not grant Liu Xiaobao's wish.

The old man glared at Liu Xiaobao first, then spoke earnestly.

“If you do everything, what else is needed? Besides, you can’t bite off more than you can chew. Xiao Bao, just do a good job with the projects I’ve secured for you. As for the remaining 100 billion, do something else and see if you can earn more foreign exchange for the country. Right now, the country is not only short of money, but also short of foreign exchange reserves.”

Hearing the old man's words, Liu Xiaobao did not insist on getting involved in the medical and educational aspects, and nodded in acceptance.

"Yes, Grandpa, I'll do whatever you say. I'll go and complete the necessary procedures today, sign the agreement with the current leader before the Lunar New Year, and transfer the first investment into the national treasury!"

The old man nodded: "Yes, go ahead. Take Ling'er with you to handle the formalities. It can all be done in one day. I'll have the current leader contact you tomorrow. You should also take Ling'er with you to sign the contract. You'll have to deal with her eventually, and he should know about your relationship with Ling'er."

"Okay, I understand, Grandpa. I'll be going now!" Liu Xiaobao agreed and then left Xishan Villa.

After Liu Xiaobao left, the old man couldn't help but sigh softly, a hint of guilt flashing in his eyes.

It seems the old man still feels bad that Liu Xiaobao invested so much but only received such a small share of the profits!

However, what the old man didn't know was that after leaving Xishan Villa, Liu Xiaobao happily laughed in the car.