Returning wealthy individuals develop their hometowns and become rich in the 1980s
Chapter 303 Orient Fund
"My baldness isn't caused by this stuff; it's because I'm naturally intelligent!"
As soon as Chen Zaixing said this, everyone in the room, including his brothers, sisters, nephews, and nieces, burst into laughter. Chen Lianxiang, who was holding little Huiyi, almost doubled over with laughter. "Fifth brother, you have so many twisted logics! You dare to say anything!"
Only Elena sat there dumbfounded, watching Zhang Yi, not knowing what the Chen family was laughing about. Chen Xiangui shook his head and smiled bitterly, reaching out to hit Chen Zaixing again, "You little brat, you're getting cocky just because I said you're fat."
"Dad," Chen Zaixing hurriedly tried to dodge, "I'm a candidate for the CPPCC in Nanshan District now, don't try to hit me all the time!"
"A candidate for CPPCC member? Even if you become the district head, I'll still give you a good whack on the head," Chen Xiangui said with a laugh. "And don't you dare use this candidate title to flaunt your position. Your older brother is already a CPPCC member in our Nanshan County... district. Have you ever seen him bragging about it?"
"I know, I know," Chen Zaixing said, but the smugness on his face was evident in the smile on his lips.
Speaking of the number of CPPCC members for the Chen brothers, Chen Zaiguang and Chen Zaixing, Tian Chulian said, "Now, among all the individual business owners in the entire Nanshan District, you brothers are the most qualified. If you yourselves say you can't do it, then which individual business owner would dare to say they can surpass you?"
After Chen Xiangui finished speaking about his youngest son, he turned to everyone and said, "Everyone is here. I've called you all here today because I have important business to discuss!"
"Everyone knows what our third branch has been going through lately," Chen Xiangui said in a deep voice. "Relatives have been coming to borrow money, asking for connections to get jobs in the factory, matchmakers for Lianxiang, marriage proposals for Lianzhen, and all sorts of other people trying to climb the social ladder. It's all been a mess."
After Chen Xiangui finished speaking, everyone nodded in agreement. These things were indeed troublesome. If they didn't lend the money, people would say they were heartless. If they did lend it, all their relatives would come, and even mountains of gold and silver would be emptied out.
Fortunately, those people weren't foolish enough to ambush Chen Dong and Zhang Yi, otherwise, Old Lady Wei Shufen would have been furious!
"Today, your grandmother asked me to call over your third branch of the family, plus your aunt's family, to set some rules," Chen Xiangui continued loudly. "We third branch of the family aren't exactly wealthy, we're just a little better off than our relatives."
"The four brothers, Zaiguang and Zaifang, are doing very well in their careers now. I know what you're thinking, Zaiming and Zaifang," Chen Xianggui said, pressing down on his nephews Chen Zaiming and Chen Zaifang, who were trying to get up to speak. "You don't need to say anything else. I was young once too, and I know what you're thinking."
The recent events involving the Chen family's third branch, along with rumors circulating that after Guangdong Company made money last year, Chen Zaiguang distributed tens of thousands, or even hundreds of thousands, to each of the three branches. Rumors are flying everywhere.
This is why all the relatives flocked over, wanting to borrow money from them. When Huaxingsheng Supermarket opened, those relatives all thought that Chen Zailong and Chen Zaixing were just helping Chen Dong manage the supermarket. Who knew that the supermarket was actually opened by several brothers in partnership.
Upon hearing the news, the relatives all assumed that Chen Zaiguang, the third son, would also receive a share. Lin Ruiqing's brothers shamelessly came to her door to borrow money, asking for 10,000 yuan to build a Western-style house for the family.
Lin Ruiqing was stingy with her husband's uncles and aunts, but generous to her own brothers. However, she couldn't bear to lend them 10,000 yuan at a time. She knew that money borrowed by her own family was like throwing money down the drain and could never be recovered.
So Lin Ruiqing secretly lent two thousand yuan to her brothers without telling her husband Chen Zaiguang. You have to understand that two thousand yuan was not a small amount of money in 1982. The Lin brothers, who received this money, built a three-story building in their village the following month.
Chen Zaiguang only found out about the matter when news of his uncle's family building a new house spread in the factory canteen. He wanted to argue but was afraid that his parents would find out that his wife had taken money to subsidize her family. If he didn't argue, the money could be given once, and then it could be given again. He was so angry that he didn't go home for two days.
Chen Xiangui knew he couldn't keep the fact that the Chen family was opening a supermarket a secret for long, but it had been leaked so early on. He suspected that it was someone from the other two branches of the family who had told the story.
Chen Xiangui even heard from others that his uncle, Chen Xiangui, had seized all the resources that Chen Dong had given to the third branch of the family, keeping them for his own sons. He had made his eldest son, Chen Zaiguang, the chief director of Guangdong Factory, and his four sons run supermarkets. All of this money was given by Chen Dong, and so on.
Chen Xiangui knew that his second and third brothers were jealous. If things continued like this, they would probably start arguing about these things sooner or later, and one argument would turn them into enemies.
Chen Xiangui told his eldest son, Chen Zaiguang, about the matter. After discussing it with the old lady Wei Shufen, the father and son informed Chen Dong. Now that the policy had been relaxed, they planned to provide funds for each family to start a small business, but Chen Dong stopped them.
Chen Dong told his uncle Chen Xiangui and elder brother Chen Zaiguang that they couldn't do it this way. They wouldn't cherish the business and money that came for free, because they knew that even if they messed up the business and it fell through, they could just come back to him. They would leech off him like bloodsuckers.
Chen Dong then offered his suggestion: to set up a family business fund. He explained the fund's operating model in detail and told them that to apply for the fund, they would need to submit a business plan.
"Big brother, just say it," Chen Xianfu, the second brother, said frankly after seeing that his eldest brother had said so.
Chen Xiangui glanced at his eldest son, Chen Zaiguang, who nodded, stood up, coughed lightly, and said, "I've discussed it with Adong, and he's proposed a feasible plan: I'll take out some money to establish a startup fund for the Chen family!"
"Startup Fund!"
Everyone was taken aback, not knowing what this startup fund was for. Chen Zaiguang explained directly, "Recently, some relatives in the clan have been thinking of borrowing money from us, hoping to start a business and make a fortune. Sure, you can!"
"We all come from the same ancestor, and we're all of the same surname. It's unreasonable for me, Chen Zaiguang, to be rich while you're still poor. I'll lend you money, but not for free! And don't try to renege on your debts after borrowing!"
"Ah Dong and I have discussed it. We'll each contribute 500,000, totaling one million, to establish the 'Oriental Fund'," Chen Zaiguang said, looking at everyone present, who were all waiting for him to continue. "Anyone who wants to start a business, anyone who wants to set up a factory, has to write a business plan!"
"Once it's written, show it to us. If we think it's feasible, we'll lend him money from the fund at a lower interest rate than the bank, but we'll have to sign a loan agreement. If he tries to default, we'll have to take legal action!"
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