Chapter 594: It's Not What It Used To Be

"Boss, working at Sunningdale is the most correct decision I have made! In the past year, my property has depreciated by half, if it weren't for working at Sunningdale Electronics, I would have been sitting on a mountain now, I toast you! Li Yueshi said to Wang Weidong with a glass of wine.

"The real estate can still rise back, the index stocks we bought will slowly withdraw within two years, and the money withdrawn is to enter the real estate of Hong Kong Island!" Wang Weidong said.

The stock market and futures are characterized by sharp rises and falls. Comparatively speaking, real estate reacts more slowly and sluggishly.

It was not until 2003 that real estate on Hong Kong Island fell to its lowest point and then began to rebound.

If you invest the money you make in the stock market into the real estate market on Hong Kong Island, you can continue to make a profit.

"Boss, take this opportunity to expand Sunningdale's business abroad, don't concentrate all in China." Li Yueshi suggested.

"Sunningdale's main business is, of course, still in China. The focus of future development is also in the country! Wang Weidong said.

Even if Li Yueshi's words are very reasonable, Wang Weidong will not casually echo them.

Now there are only three people who are worthy of him telling the truth, Song Yu, Ou Xiaoyang and Ou Xiaojun.

"Keep renting this house, buy it in the future! After a while, I asked my sister and the two Filipino maids to go back, and there was no need for anyone to serve here. There's no way, I'm too busy, I'm going back tomorrow morning. You stay on Hong Kong Island for a while before returning to Shanghai. Wang Weidong instructed.

During this time, Ou Xiaojun called several times and said that President Liao wanted to see Wang Weidong.

Now the matter on Hong Kong Island is finally over. Wang Weidong was about to go home.

Governor Liao's purpose for seeing Wang Weidong Ou Xiaojun had already told Wang Weidong in advance.

Since the economic crisis has also implicated the domestic economic situation, the policymakers have now shifted from solving the problem of economic overheating in the past few years to revitalizing the economy.

Since we want to revitalize the economy, it is natural to open the floodgates and release water.

Governor Liao, who was chasing after other people's butts for loans two years ago, has now begun to find the bosses of various enterprises in Fushan in the hope that they will take loans to expand production.

Wang Weidong felt both amused and helpless about this situation. When I was short of money, I couldn't get a loan, but now Xiangyang Electronics is not short of money, and President Liao took the initiative to ask them for a loan.

But a God of Wealth like President Liao can't afford to offend, and he must maintain a good relationship at all times.

So as soon as Wang Weidong returned to Fushan, he immediately called President Liao.

"Brother Liao, I have come back from Hong Kong Island. I heard that Brother Xiaojun said that you want to talk to me, so I immediately called and reported to you as soon as I came back! Wang Weidong said.

"Brother, you don't have to be polite to me! How many years have we been in a relationship? I'll treat you and Xiaojun to dinner tomorrow night! President Liao raised his voice on the phone and said.

The next night, Wang Weidong and Ou Xiaojun came to the hotel on time.

President Liao greeted him with a smile in the private room.

"Thanks to Xiao Yu not here, if he is here, he will definitely not give you a good face! That is, a year ago, you look at your Governor Liao's face at that time, worried that we Xiangyang Electronics will not be able to repay the loan, and chase after our buttocks! And I don't have a loan door! Wang Weidong said.

He was already very familiar with President Liao, so he spoke very casually and joked as soon as they met.

Governor Liao said with some embarrassment: "I had no choice at that time, the national policy was urgent!" ”

"What's the matter? I heard Brother Xiaojun say that President Liao means that he wants us to borrow more money from the bank. Wang Weidong continued.

"Of course not! Brother Wei Dong has just returned from Hong Kong Island victorious, how can he be short of money? President Liao said with a smile.

Xiangyang Electronics raised funds this time, all the operations were very formal, and no means were used in the dark, all of which were completed in the open.

However, Governor Liao knew that some people in the mainland secretly obtained loans from banks and secretly went to Hong Kong Island to participate in this gambling game, and as a result, they made a lot of money!

Of course, this kind of insider situation Governor Liao will not tell Wang Weidong and Ou Xiaojun.

"Now Sunningdale is holding the shares of listed companies on Hong Kong Island, not money. There is still a lot of room for these stocks to rise in the future, and it would be a pity to sell them now! So you still need money. I'm in charge, and I'll lend 300 million to Sunningdale Electronics to help me complete the task. Governor Liao said.

Wang Weidong and Ou Xiaojun were both the first time they encountered a bank president who took the initiative to ask for loans from entrepreneurs.

It can be seen from this that the current economic situation is very bad, and it is necessary to boost the economy by expanding reproduction.

How much more loans than the same period in history is an important economic indicator.

"Actually, there are a lot of people who want to take out loans, but there are some people I really don't feel comfortable with! What should I do if I can't get my money back when I borrow it? And I'm still very relieved of you Sunningdale! Governor Liao said.

"I really planned to borrow 10 million or 20 million in the bank and ask for another piece of land from the city. At present, there is only a primary school but no junior high school for migrant children, and I want to build another junior high school. However, this plan is not feasible, and the children who go to Fushan to study are not local hukou, even if they study in junior high school here, they will not need to go back to their hometown to take the university entrance examination in the future! Of course, having this junior high school also has advantages, at least my own son has a place to go to school. Wang Weidong said.

"My eldest nephew's schooling problem is on me! Whichever school he wants to go to in Furshan, even if he tells me, it's all fine! Governor Liao said.

For a bank president, stuffing a child into a school is nothing at all.

"Thank you, President Liao, my son is not a school material at all! Just find a school that's closest to where you live. Wang Weidong said.

"Sunningdale transferred the production of decoder boards and movements to Pinzheng TV. I discussed with Liu Ruhai that there would be a buffer period of three months to half a year, during which the four or five thousand workers in the factory were actually working for Pinzheng TV, and the profits after product sales would also go to Pinzheng TV, as long as they could guarantee the wages of four or five thousand workers in the factory. During this time, we will switch to inverters made in Australia and the United States. Loans do need them, but they don't need that much. Wang Weidong continued.

"Brother, I just see that you are a little dead-eyed! Haven't you seen it yet? Now all over the country has begun to develop real estate, and a real estate project can earn hundreds of millions at the end! Isn't this faster than making money from the production of electronics? There is no difficulty in carrying out several real estate projects at the same time, isn't it easy to get billions of dollars a year? Iron and steel enterprises are engaged in real estate, electronic enterprises are engaged in real estate, pharmaceutical enterprises are engaged in real estate, textile enterprises are engaged in real estate, and everyone is engaged in real estate! If you Xiangyang Electronics are engaged in real estate loans of 200 million, I will also lend you with confidence! Governor Liao said.

(End of chapter)