He won 900 million in the lottery.
Chapter 61 Investing in Bars
What does the Cultural Law Enforcement Team do?
Inspections were conducted at internet cafes, KTVs, cinemas, bookstores, printing plants, and other business establishments to investigate and punish issues such as operating without a license, admitting minors, and disseminating prohibited content.
Within the scope of power, one can obtain benefits simply by exercising that power.
Therefore, Zhang Jiehui's branch opened a bar.
The bar is now more than halfway finished with renovations, but for reasons that cannot be disclosed, the investor has withdrawn his funding.
Zhang Jiehui is currently looking for someone to take over.
In fact, if the leaders of the cultural enforcement team were involved, the bar could still operate.
The initial investment is 3 million yuan. Currently, 2 million yuan has been invested in the renovation and six months' rent. The hard decoration is 90% complete, and only the soft decoration and equipment are left. The remaining tasks are personnel preparation, management and operation.
Zhang Jiehui: "With about another million, we can get started."
I didn't reply, and poured Zhang Jiehui another glass.
"Have some tea."
Zhang Jiehui continued to sip his tea. It was clear that he was in a hurry, but he seemed to lack relevant experience and had only brought his mouth with him.
Qiuya chimed in at the opportune moment, "Boss, do you know if this bar has all the necessary permits and licenses, including the renovation permit?"
I took the opportunity to introduce her: "Ms. Tan is the general manager of my company. She has the authority to make decisions regarding business matters."
Zhang Jiehui glanced at the young girl with surprise: "We have the renovation permit. As for the bar's business license and industry qualifications, don't worry about that. As long as it's an entertainment venue in the city, it's under my jurisdiction, and—"
Zhang Jiehui lowered his voice: "I only have a small part of this business; the lion's share is elsewhere."
Zhang Jiehui pointed upwards; he was from the district level, and above him was the city level.
In fact, he was already at the pinnacle of cultural and entertainment venues, but little did he know that an ordinary employee of the cultural law enforcement team could cause a bar with an investment of hundreds of thousands of yuan to collapse overnight.
These hundreds of thousands of yuan may represent a lifetime's worth of hard work for an ordinary person.
A bar with an investment of 300 million yuan is considered top-tier in a fourth-tier city, at least much better than the SW bar we visited before.
I leaned back in my chair: "A million isn't much, it's available anytime. But we still need to finalize the details. Mr. Tan, could you add Captain Zhang on WeChat and follow the company's procedures?"
Qiuya: "Okay. Mr. Tan, please scan my QR code."
Here's a little social tip: When you add someone on WeChat, they might agree to be a friend out of politeness. If you scan their QR code, they might forget or deliberately refuse to add you later, and you'll miss your chance. But if they scan your code, you can simply accept.
The two added each other as friends.
Me: "Team Leader Zhang, if I secure the follow-up funding, how will my share of the bar be calculated?"
Zhang Jiehui: "This bar has both capital shares and hidden shares. The hidden shares are held by someone else. If Mr. Shen invests, he can operate it himself or find someone else to operate it. Of course, if Mr. Shen doesn't have the time, I can also find someone to operate it."
I shook my head: "I'll only provide the money, I won't manage it. If everyone has to both provide money and manage it, I'll be exhausted."
Zhang Jiehui seemed to have anticipated my response. He took out his phone and sent a document to Qiuya: "I have the equity structure here. You can take a look, but this is an agreement with the previous investor. You can just change his name to yours later."
The contract clearly states that the bar's equity is divided into two parts: core investment and non-core shares.
The core capital contribution is paid-in cash.
The shares are held by a nominee who is responsible for daily operations and management.
Without a doubt, the equity holding in this operation and management is handled by Zhang Jiehui and the people behind him.
He never intended for me to manage the operations from the beginning.
Next comes the time to build rapport and chat casually.
Zhang Jiehui truly lives up to his title as the captain of the Cultural Law Enforcement Brigade. He knows every entertainment venue in the city like the back of his hand: which one offers good service, which one has pretty girls, which one is legitimate, and which one has a hidden gem.
While we were chatting, I carefully observed him.
During the tea session, the old man made eye contact with me seven times, each time looking away, but his eyes glanced at Qiuya more than ten times!
It's strange. Logically speaking, Zhang Jiehui, who holds this position, shouldn't be short of money. With so many entertainment venues, each of them must pay a certain amount of tribute every year. Judging from his age, he should be at least rolling in money.
However, judging from the cell phone Zhang Jiehui uses and the cigarettes he smokes, he doesn't live a wealthy life.
Unlike Wu Lei, who is always surrounded by a retinue and chauffeured around when he goes out.
Although there is a large gap in levels, it is indeed not up to his level.
There's still an hour until lunchtime.
Chen Yuanyuan called.
Chen Yuanyuan: "President Shen is indeed a big boss. He throws out 100 million yuan and doesn't even bother to come and inspect the project."
Me: "Compared to a 6000 million project, my 100 is nothing. I wonder what brings you on the phone, Miss Yuanyuan?"
Chen Yuanyuan: "President Shen, you seem to have a bad memory. You invited the CEO of Aerospace Construction to your company for tea before, but after the National Day holiday, you haven't said a word. So I had to swallow my pride and come to ask you."
Me: "Oh dear, I really forgot about that. I went straight to Beijing after finishing my business in Shanghai and just got back yesterday."
Chen Yuanyuan: "Where is President Shen now?"
Me: "The company."
Chen Yuanyuan: "What a coincidence, Mr. Chen and I will be passing by in 15 minutes. We would like to invite you to lunch. I wonder if Mr. Shen would have time to do me the honor?"
Me: "Mr. Chen and the beautiful lady have graced us with their presence. How could we let you pay for their visit? I'll make the arrangements."
Hang up the phone.
I said to Zhang Jiehui with a slight apology, "Captain Zhang, I'm really sorry I can't keep you company at noon. How about Qiuya has lunch with you? You two can discuss the details."
When Zhang Jiehui heard that I couldn't treat him to dinner, he was quite disappointed, but when he heard that he could have lunch with the beautiful Tan Zong, his face immediately lit up with joy.
I saw it all, of course.
Qiuya: "In that case, Captain Zhang, let's go downstairs to the Chinese restaurant for a simple meal. It's basic, but the food is alright."
Zhang Jiehui nodded: "No problem, let's go."
Qiuya was very perceptive in this regard; she took Zhang Jiehui away so that I could continue to receive Chen Hangtian later, thus managing both tasks without any problems.
It was exactly 15 minutes. I felt that these two people weren't really going that way today; they had come to the company specifically to surprise me.
Chen Hangtian entered the room, glanced at my office, and quickly smiled and shook hands with me.
The disdain in his eyes was too obvious. Indeed, compared to his company, my company couldn't even be called a studio; it was more like a shell company.
I greeted them with a smile: "Welcome, both of you."
We left after drinking tea for less than 10 minutes.
It's obvious that there's nothing about me that he would value, and it seems he's already determined the nature of our relationship.
The initial conflict stemmed from indecision between the business partner and the henchman.
He's most likely a henchman now.
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