Chapter 603: Investing in a Shoe Factory

With money opening doors, the intermediary company's efficiency was also high; that very night, a middle-aged woman in her forties came to Qinghe Building to apply for a nanny position.

Lin Jianguo had an old subordinate from the Public Security Bureau look into the information of the middle-aged woman named Wang Xiaofang; after confirming there were no problems, he let her officially start work.

This way, Chen Yang finally had time to consider the investment project in the New City District.

He called Shen Anna to learn about the hot-selling products on the Old Hundreds E-commerce Platform, and finally set the investment target on a shoe factory.

Choosing a shoe factory mainly because it could provide employment opportunities for tens of thousands of workers, thus maximizing the slowdown of labor outflow in Qingshui City.

Moreover, shoes consistently rank in the top ten sales on the Old Hundreds E-commerce Platform, and the profit is not low.

Most importantly, many of Zhu Zhu's friends in Hong Kong are in the shoe business; Chen Yang can cooperate with them or directly purchase their technology.

He was about to call Zhu Zhu to discuss when Luosen's phone suddenly came through, his voice very excited.

"Chen Yang, IS Company's stock has risen to one hundred dollars; can we sell it?"

"You're stupid? At this height, why not sell?" Chen Yang didn't expect Luosen to have bought back IS Company's stock again; he immediately had him liquidate the shares.

Chen Yang bought IS Company's stock at an average price of sixteen point five dollars; it has now risen to one hundred dollars, a gain of an astonishing five hundred and nine percent. He might have set the annual record for the US stock market's gain.

He quickly opened the computer and logged into his US stock account. At that moment, IS Company's stock price had risen to 102 dollars, and trading was unusually active.

Chen Yang clearly knew this was the best time to sell, and quickly placed an order to sell his shares.

To avoid causing market panic, he placed only small orders of a few hundred lots each; it took an entire night to sell all thirty-one million shares of IS Company in his account at an average price of ninety-nine dollars, turning his available funds into three billion sixty-nine million US dollars.

After the trade ended, the exhausted Chen Yang fell asleep directly in the study.

And when Lin Wei woke up in the morning and saw Chen Yang's total stock assets in his account, she also fell silent.

Both are finance graduates; Chen Yang easily earned over a trillion assets through stock trading, while she led tens of thousands of farmers in Shuangfeng Town to build vegetable greenhouses, putting in countless hard work and sweat, yet the GDP they created was only a little over one hundred million.

Moreover, this achievement was achieved with Chen Yang's investment of over one hundred million funds as a precondition.

This comparison shows the gap is far too large.

What she couldn't understand most was that Chen Yang always managed to buy those heaven-defying demon stocks, as if he had opened a heavenly eye.

She carefully examined the forehead of the sleeping Chen Yang and found nothing special; she then covered him with a thin blanket and closed the study door again.

Just as she closed the door, a familiar voice suddenly came from behind.

"Weiwei, has Chen Yang gotten up yet?"

"Dad, why did you get up so early?" Lin Wei noticed that Lin Jianguo's mental state was not good, with severe dark circles.

"I can't sleep, always thinking about the New City District investment." Lin Jianguo sighed. Since taking office, Qingshui City has had major economic breakthroughs, but all are due to Kong Jie's achievements.

Meanwhile, the share reform of the Old Hundreds Meat Industry Limited Company, which he led, has become a mess due to improper personnel choices, and has been severely criticized by the provincial leadership.

At this time, Lin Jianguo really wanted to do something to change the leadership's impression, but after discussing with Kong Jie for a long time, they still couldn't find an industry suitable for development in Qingshui City.

Lin Wei couldn't bear to see her father troubled, and encouraged Lin Jianguo: "Dad, go ahead boldly with whatever you want to do! Chen Yang's funds are enough to build Qingshui City into the second-largest city in Dongjiang Province."

Lin Jianguo gave a bitter smile: "I just don't know what I want to do, which is why I came to consult Chen Yang. Has he gotten up yet?"

Lin Wei glanced at the study and softly told Lin Jianguo: "Chen Yang was trading stocks last night and only just fell asleep; you should look for him this afternoon."

Lin Jianguo already knew from the news that Chen Yang's funds are concentrated in the US stock market; since the time in the Beautiful Country is opposite to domestic, Chen Yang only sleeps at dawn, indicating he is definitely operating in the US market.

He curiously asked Lin Wei: "Is this kid Chen Yang's money really as much as the gossip media says?"

"Not that much, but not insignificant either; supporting Qingshui City's construction is definitely no problem." Lin Wei didn't want to overstimulate her father, so she didn't mention that Chen Yang's overseas assets have already exceeded one hundred billion.

Lin Jianguo felt deeply depressed; such a profitable son-in-law, how could the Lin family have sent him away? His beloved daughter was originally Chen Yang's legitimate wife in name and fact, but now she has become his secret lover.

Suddenly, he developed strong dissatisfaction toward Old Master Lin and Old Master Hu.

"Weiwei, from now on, never listen to what your maternal and paternal grandparents say; a perfectly good relationship was torn apart by them."

"Dad, it's not entirely their fault either; I also bear responsibility." Lin Wei didn't want to shirk blame, after all, it was she who forcibly dragged Chen Yang to the Civil Affairs Bureau, and the whole process wasn't forced by anyone.

Lin Jianguo couldn't bear to blame his daughter, and said earnestly: "Weiwei, the past is past; while Chen Yang still has feelings for you, properly mend your relationship."

Lin Wei laughed: "Dad, don't worry about my affairs; instead, properly discuss with Secretary Kong how to maximize the use of Chen Yang's funds for Qingshui City's construction."

Whenever Lin Jianguo brought up work, he got a headache again. He told Lin Wei: "Go persuade Chen Yang to retake control of the Old Hundreds Meat Industry Limited Company; I feel only by putting the meat company back on track will everything improve."

Lin Wei hesitated a bit: "Dad, this is probably very difficult. Chen Yang has already accepted a premium buyback of your shares, yet was rejected. This shows you are determined to squeeze more profit from him; he's not stupid, so how could he be a sucker?"

Upon hearing this, Lin Jianguo let out a heavy sigh. What normal people see as unreasonable, some people consider reasonable.

"Weiwei, besides the Old Hundreds Meat Industry Limited Company, what other project do you think is worth the city's vigorous development?"

Lin Wei thought for a moment and told Lin Jianguo: "Dad, I also don't know what specific advice to give you. However, I think you should make good use of Chen Yang's resources. For example, the medicinal materials base I am preparing could establish a trade relationship with his Tianqi Pharmaceutical Limited Company; as long as the medicinal materials' quality is fine, at least income is guaranteed."