Chapter 117: 117: Investing in Stocks
Mistaking My Sister-In-Law for My Wife After Getting Drunk!
He was twenty-seven.
One evening, Xu Yang, Lin Junyi, Su Wenbin, and Jiang Yuheng dined together.
After several rounds of drinks and a variety of dishes,
Jiang Yuheng spoke up, âXu Yang, does your âRiver Bottom Salvageâ need financing? We have a bit of money and could invest for a stake in the company.â
Xu Yang was slightly startled.
If it were before, he would never agree to someone asking if he needed financing.
After all, he wasnât short of money; he still had over a billion in cash lying in his bank account.
He originally planned to invest that billion in the stock or futures market.
But recently, the stock market had been performing poorly, and most commodities in the futures market were in a near-dead state.
In any case, he wasnât short of cash.
However, since he last spoke with Zhao Hai about âRiver Bottom Salvageâs expansion plans, Zhao Hai had started to prepare, already sending people to scout for locations in the four major first-tier cities.
The feedback was that someone was secretly hindering their search for locations.
This caught his attention.
He asked Zhao Hai what exactly was going on.
Zhao Hai explained that âRiver Bottom Salvageâ had encroached on the interests of some in the restaurant industry, who were trying to hinder its expansion through these means.
Xu Yang inquired of Zhao Hai how they should resolve this issue.
The solution Zhao Hai provided was financing.
Xu Yang was still somewhat puzzled.
If someone was hindering them, would financing really solve it?
He wasnât lacking money, after all.
After Zhao Hai explained, Xu Yang finally understood the situation.
It turned out that a company could not grow and develop with just money; it also needed connections.
Otherwise, those vested interest groups would make it extremely difficult for you to progress.
This is why many profitable companies still seek financing.
By bringing in strong investors through financing, those investors, for the sake of their own profit, would help clear the companyâs developmental obstacles.
Xu Yang had also considered financing and the first ones he thought of were Su Wenbin and Jiang Yuheng.
One had a great influence in the business world, and the other had a significant influence officially.
In addition, their relationship with him was very good, meeting the criteria for financing perfectly.
As for Lin Junyi, his connections werenât as strong, but his relationship with Zhao Hai and Zhao Yuxin was good, and he had become a close brother to him, so sharing some shares with Lin Junyi wasnât out of the question.
Originally, Xu Yang had planned to approach the three after the New Year, but since Jiang Yuheng had raised the issue now, sorting it out before the New Year was also fine.
With this in mind, Xu Yang said, âI welcome your investment for a share in the company, but I canât guarantee that your investment will turn a profit since running a company comes with risks. If there are losses, you canât blame me.â
Jiang Yuheng and the others looked at each other, their faces beaming with joy.
âXu Yang, does that mean you agree to our investment?â Jiang Yuheng asked.
All three knew how many investors, many of them very capable, wanted to invest for a stake recently but had been refused by Xu Yang.
They had approached this with a try-and-see attitude.
If Xu Yang had refused, they wouldnât have said anything.
To their surprise, they really made it.
âAgreed, weâre all brothers. Letâs make money together in the future,â Xu Yang said with a smile.
âXu Yang, thanks!â
âXu Yang, a toast to you!â
âXu Yang, I think this investment will last us a lifetime!â
The three of them raised their glasses and toasted Xu Yang.
âTell me how much capital you can put up, and Iâll see how many shares to distribute to you,â Xu Yang said.
All three reported their investment stake.
Jiang Yuheng invested four hundred million, while Su Wenbin and Lin Junyi each invested two hundred million.
âHow about six percent of the shares for Jiang Yuheng and three percent each for Lin Junyi and Su Wenbin?â
Xu Yang pondered for a moment, taking into account the current scale of Jiang Dilo and its future growth rate, before offering the shares.
Jiang Dilo was destined to be a hundred-billion empire in the catering industry, and this was the maximum amount of shares he could offer.
In the future, as they continued to expand, it was possible that they might bring in other investors.
âNo problem.â None of the three had any objections.
Although the shares seemed small, they were all insightful individuals.n/ô/vel/b//in dot c//om
Given the popularity of Jiang Dilo, expanding to major cities across the country, even this small stake would be very valuable in the future.
The next day, Xu Yang took the three men to Jiang Dilo Company to sign the contract, and they all transferred the funds to the companyâs account right away.
â¦
In the presidentâs office of Kaixuan Investments,
Chen Guanglei was talking animatedly about how wonderfully the acquisition of Jia Sheng Guild was doing.
Every day, live streaming sales were bringing in tons of money.
He also mentioned cryptically that he had prepared a big surprise for Fengcai Guild.
âWhat surprise?â Chen Ankang asked.
âDad, donât worry about it. This surprise might just end Fengcai Guildâs glory!â Chen Guanglei said with a laugh.
âAlright, as long as you know what youâre doing,â Chen Ankang didnât ask further.
He didnât need to worry about the business tactics his son had learned.
If things went awry or a mistake was made, he could step in to fix it.
âDad, rest assured, I know what Iâm doing,â Chen Guanglei said confidently.
Just then, the phone on Chen Ankangâs desk began to ring.
Chen Ankang picked it up and saw that the incoming call was from his old friend Ye Ping,
the one working at Fengkai Mining.
âOld Ye,â answered Chen Ankang.
âOld Chen, you should have listened to me. Now you must be regretting it,â Ye Ping said.
âOld Ye, what regret? I donât understand what youâre talking about,â Chen Ankang looked puzzled.
âHuh? You havenât heard?â Ye Ping was taken aback.
âOld Ye, what exactly are you talking about? What should I have heard about?â Chen Ankang felt Ye Pingâs comments were confusing.
âOur companyâs bauxite mine in South America,â Ye Ping explained.
âAh? What about it? No buyers?â Since deciding to invest in the acquisition of Jia Sheng Media, Chen Ankang had stopped paying attention to Fengkai Miningâs bauxite mine in South America.
âWhat do you mean no buyers? The news is already out there, and you still donât know?â Ye Ping was somewhat speechless.
âWhatâs the situation? Tell me about it.â Combining what Ye Ping had said, Chen Ankang suddenly had a bad feeling.
âA while back, the mine was sold to someone else for fifty million. That person brought in an exploration team and, in just one week, found a vast amount of bauxite deeper down. He then sold it back to Fengkai Mining for 1.6 billion. You didnât listen to me and missed out on an opportunity to earn over ten billion,â Ye Ping said, feeling sorry for Chen Ankang.
âWhat!â Chen Ankang exclaimed, standing up abruptly.
Fifty million to buy, 1.6 billion to sell, making a profit of 1.55 billion in the blink of an eye.
How long had that taken?
He truly missed an opportunity to make a fortune.
âOld Ye, are you serious? Donât fool me,â Chen Ankang was reluctant to believe it.
âOld Chen, itâs all over the news, why would I lie to you? You can go and check if you want. Anyway, I was just asking you about this today because I called mainly to withdraw the five hundred thousand I have invested in your company. My son found a girlfriend, theyâre getting married and need to buy a house. When can I withdraw the money?â Ye Ping said.
âOld Ye, we need to follow the rules. You should apply fifteen working days in advance, and after fifteen working days, you can withdraw the money, otherwise, youâll have to pay a lot of fees. Anyway, thereâs no rush for your son to buy a house, right?â Chen Ankang responded.
âItâs not very urgent, so Iâll apply now and withdraw it after the New Year. Anyway, I need to be going; Iâm busy with other things, goodbye.â Ye Ping was about to hang up the phone.
âWait, donât hang up,â Chen Ankang quickly said, âI want to ask about that person who dealt in the bauxite mine, whatâs his name?â