Chapter 183: Billions in Investment
A week later, Chen Jiajun prepared to return to Hong Kong. Yuan Geng hurried over with many documents: "Mr. Chen, the approval for the industrial land you proposed is here!"
It was not easily obtained!
The higher-level leadership personally made the final decision and suppressed the opposing opinions, as long as your capital..."
"Really?"
Chen Jiajun excitedly took the documents. Although he did not lack money-making projects, this was 10 square kilometers of land, 15,000 mu of land in Shekou, Pengcheng Special Economic Zone!
In the future, the auction transaction price per square meter could exceed 100,000 yuan!
Of course, the currently approved land use for Chen Jiajun is an industrial park, not for Chen Jiajun to engage in commercial real estate.
Although the industrial park is primarily for factories, it still requires supporting commercial buildings such as residential units, shops, and office buildings.
Even though the land nature is fixed, investing capital to build factories, shops, office buildings, and staff dormitories, and only renting them out without selling, would be enough to earn a fortune in pure rent over the next few decades.
Chen Jiajun, who originally only intended to stay for one week, immediately decided to stay for a while longer because of this document and attended a meeting that lasted for two days.
After the meeting, Chen Jiajun, in the name of Guojun Group, bought the 10-square-kilometer plot of land in Pengcheng for 300 million Hong Kong dollars.
Given the land prices in Pengcheng in later generations, it would be almost impossible to acquire 10 square kilometers of land in one go.
Chen Jiajun dared to say that this was absolutely an unrepeatable miracle.
"Mr. Chen, although the land has been approved and the industrial park can be developed, it cannot be done with great fanfare; it must be done low-key," Yuan Geng said earnestly to Chen Jiajun.
In the early stages of the Pengcheng Special Economic Zone, they had tried to attract investment from Hong Kong. One of the plans was to take a piece of land and cooperate with Hong Kong developers; before the land was even developed, they would advertise in Hong Kong media and release information about selling floor plans in Pengcheng.
However, not long after this investment attraction plan was launched, it was criticized by the media as the return of colonial-era concessions and was soon forced to terminate.
The 10-square-kilometer industrial park approved for Chen Jiajun was mostly saline-alkali land, with a total of more than 300 farming households.
The biggest difficulty in infrastructure and development is the cost of relocation, but with Chen Jiajun's perspective from later generations, it was relatively low for the current Pengcheng.
With such low relocation costs, Chen Jiajun naturally would not engage in any messy forced demolitions.
Chen Jiajun knew deep down that the symbolic price of 100 million to circle such a large piece of land in Futian Xiangmihu was mainly due to the critical role played by the batch of helicopters he donated, which had a total value of 648 million US dollars.
These helicopters were the batch of military hardware he had transported back from Yue Nan.
Among them were 20 Cobra Armed Helicopters and 5 Chinook Heavy Transport Helicopters; anyway, they were of no great use to him, and donating them to the country would allow scientific researchers to study them.
Chen Jiajun also kept one of each of the two types of helicopters as a souvenir.
What is the concept of 10 square kilometers of industrial land in Futian Xiangmihu?
The Pengcheng Municipal Government is located near Xiangmihu, and this piece of land would be worth at least 300 to 400 billion in later generations.
With this single piece of industrial land, the Chen Family would be able to rank among the super-wealthy families in the future.
After efficiently completing the land acquisition and relocation, Chen Jiajun registered the industrial park as Guojun Industrial Park, an independent subsidiary of Guojun Group.
Although this company is a subsidiary of Guojun Industrial Park, its management is completely independent, but it would not be treated as the main business to avoid disrupting the development direction of Guojun Group.
The first thing after completing the land acquisition and relocation was that Chen Jiajun designated a 100,000-square-meter plot of land near the future Pengcheng Municipal Government, preparing to build a modern hotel.
As for the hotel, he naturally would not be foolish enough to spend a long time slowly working on design drawings and getting an engineering team to do it.
He called Yaqiluobei and spent a large amount of Universe Coin to get a compressed capsule of a luxury hotel from the Dragon Ball world.
With a casual toss, countless heavy trucks drove into Xiangmihu, and hundreds of massive excavators were driven down by workers arranged by the system; they moved quickly to level the land and dig up the small hills on the ground.
The entire Xiangmihu was a scene of intense activity, with tens of thousands of system-arranged workers performing their duties, striving to get Big Brother's industrial base up and running as soon as possible.
By the afternoon, Secretary Yuan Geng of the Shekou Industrial Zone came to check on the progress and smiled from ear to ear.
Judging from the investment scale of this project, Chen Jiajun's input would not be small.
Once the factories are built, they can provide tens of thousands of jobs for Pengcheng.
Before leaving Pengcheng, Chen Jiajun called Huang Bi'an and Banshou En to the Mainland, and Chen Jiajun instructed them earnestly:
"Elizabeth, this 10-square-kilometer piece of land is the future of our Chen Family."
"Our business model, excluding the factories we operate ourselves, is mainly to attract upstream and downstream enterprises to move in and collect rent and management fees."
"But there is one point: we would rather have nothing than settle for less; absolutely do not allow any messy factories that have nothing to do with our Guojun Group and industrial chain."
As a university graduate from a prestigious university in England who had received various types of training in Military Intelligence Section 5, Huang Bi'an was perfectly suited for the management of Guojun Industrial Park.
The development of 10 square kilometers of industrial land is definitely an astronomical figure; buying the land only cost 100 million, but after the contract was signed, Chen Jiajun also guaranteed that the investment amount in the next ten years would be no less than 5 billion yuan.
As for where the money comes from?
That is naturally the bank.
Chen Jiajun did not intend to repay the 1.5 billion Hong Kong dollars borrowed from HSBC for the time being, and he even planned to borrow more; one must know that the Hong Kong dollar has already entered a depreciation cycle and will plummet in 1982.
In addition to this, Chen Jiajun borrowed an interest-free loan of 30 million US dollars from Mainland banks through One-Word Shoulder-to-Shoulder King Gu Yuanshuai.
Besides banks, Chen Jiajun had the finance company under Hung Hing place advertisements in major Hong Kong newspapers to start absorbing funds from Hong Kong citizens.
In the 1980s in Hong Kong, real estate companies like Heng Lung and Hutchison Whampoa all relied on their respective finance companies to absorb private capital for their own company development.
The interest rate Chen Jiajun offered was only one or two percentage points higher than other companies.
After arranging the affairs of the industrial park, Chen Jiajun returned to Hong Kong and, without stopping, went to the Mainland again with Huo Yingnan and others for inspection.
Throughout the end of 1980, Chen Jiajun followed the big brothers to donate a lot of money in Pengcheng and invested in many projects; the total future investment amount would be no less than 4 to 5 billion. Among Hong Kong businessmen, who could surpass him, Dalao Jun?
Tsim Sha Tsui, Peacock Finnish Bath.
Dumu, Jing Kun, Xing Shu, and Shisimei led a group of people into the bathhouse lobby, and one by one, the Hung Hing Big Dippers stood up and called out to them.
Hundreds of Hung Hing Four-Nine Boys, one person per stool, filled the entire bathhouse.
1981, a new look for the New Year, the third major reform of Hung Hing.
Dalao Jun had said that within the next month, they must find a legitimate profession for the brothers in the society, and the Zha FIT Rens of the society must all do the work of the Hung Hing Big Dippers well.
"Xing Shu, everyone is here." Jing Kun looked around.
Xing Shu nodded and looked at the Hung Hing Big Dippers sitting full in the lobby.
Xing Shu had participated in every reform of Hung Hing, one step at a time, one miracle at a time; Dalao Jun had never let anyone down.
Holding the microphone, Xing Shu walked to the front: "Brothers, everyone knows that Hung Hing has been the hottest society in Hong Kong for the past two years. How hot? Not only does the Anti-Triad Unit want to raid our venues every day, but even the Food and Environmental Hygiene Department often comes to patronize us!"
"Ada has said that if Hung Hing wants to go further and ensure all the brothers have a future, we must completely abandon black-market industries like brothels."
"Therefore, starting from today, all of Hung Hing's brothels are closed for business."
"During the closure period, Ada will issue an unemployment allowance of 1,500 dollars to the brothers every month."
There were a full three to four hundred Hung Hing Big Dippers present; an unemployment allowance of 1,500 dollars per month was not a small sum.
"Although it isn't much money, this is what Ada has saved by living frugally and squeezing from between his teeth to help the brothers."
As Xing Shu spoke, he looked around at the surroundings.
The brothers in the audience all wore expressions of surprise; there was absolutely no other big boss in the underworld like Chen Jiajun.
Ever since Dalao Jun took power, the income of the brothers throughout Hung Hing had been increasing with each passing day.
"Furthermore, Ada also said that we must seek a way out for the brothers—without changing our name or our branch, we are still working for Hung Hing."
Xing Shu was spitting as he spoke, gesturing with great vigor.
"Now, there is a way out placed before you: drive big trucks and work in logistics."
"Ada has circled a piece of land in Pengcheng with an area of a full 10 square kilometers, about as big as Hong Kong Island."
"Next, we invite Hung Hing's Lu Jinqiang, Qiangzai's father, Master Lu, Uncle Quan."
"To tell everyone about their wonderful experiences driving big trucks at Hongxing Logistics Group; everyone must listen carefully."
Under Xing Shu's encouragement, Lu Jinqiang's father, Quan Shu, walked onto the stage wearing work clothes and confident steps: "Greetings, Hung Hing brothers, good evening everyone."
"I am from Tuen Mun, and Banshou En's top horse, Qiangzai, is my son."
"I currently work at Hung Hing's logistics company."
"I used to help the company transport goods to Butterfly Bay, but now I transport goods for the company to Pengcheng; everyone knows the situation in Pengcheng."
"If you earn over a thousand a month in Hong Kong, others just treat you as a wage earner; let alone supporting a woman, even supporting yourself is a problem."
"But if you earn over a thousand in Pengcheng, everyone treats you like a big boss, a ten-thousand-dollar household!"
"I work one day and rest for two now, running over a dozen loads of cargo a month; after deducting fuel costs, I can earn over ten thousand every month."
"And there's no need to worry about being harassed by Police Officers; it's incredibly easy!"
"Do you know what a salary of over ten thousand means in Pengcheng?"
"Guess how many mistresses I'm supporting in Pengcheng?"
As soon as Quan Shu finished speaking, the brothers from the brothels immediately began to discuss it.
"Two?"
"Three?"
Quan Shu directly spread out one hand and said: "Wrong, I'm supporting a full five Big Circle Girls, and now every one of them wants to marry me..."
Supporting five Big Circle Girls?
The brothers listened, mesmerized and with great interest.
Quan Shu became more and more enthusiastic as he spoke, saliva flying, while the group of brothers below the stage had looks of longing in their eyes.
Half an hour later, the brainwashing meeting ended, and a group of Hung Hing Big Dippers sat in the lobby of the New Peacock Finnish Bath, smoking and chatting.
Some brothers were indeed attracted; after all, earning ten thousand a month and being able to support four or five Big Circle Girls...
Some brothers felt that driving was hard work and didn't want to be disciplined.
In short, everyone had their own thoughts.
Jing Kun stood on a table in the lobby and shouted:
"Those interested, hurry over to sign up. Don't worry if you don't have a driver's license; Hung Hing has its own driving school, and the training location is near Guojun Academy. In a few months, you'll be able to drive big trucks, earn big money, and support mistresses."
"During the driving training, there is still an unemployment allowance of 1,500 dollars per month. Added to the dividends from Women Street and Sneaker Street, the monthly income is 3,000 dollars—more comfortable than the Governor."
Quite a few brothers hurriedly squeezed to the front of the table to register.
After registering, the Hung Hing brothers walked out of the bathhouse and looked toward the direction of Hungxing Headquarters with heavy hearts.
June 1981.
Over the past half year, the underground world of Hong Kong had spent a relatively peaceful period of time.
Over this half year, Hung Hing had also slowly detached itself from black-market industries and become a modernized group.
The 100,000-square-meter factory located in the Shekou Industrial Zone had officially begun production and construction over these six months. According to Chen Jiajun's instructions, Guojun Clothing Factory registered brands such as "Anta Sports", "Anta Athletics", "Uniqlo", "Bosideng", and "Youngor".
The production lines for these independent brands were also all moved to the Shekou Industrial Zone.
Hongxing Entertainment currently had a total of 60 chain nightclubs, night clubs, and bars on Hong Kong Island and in Kowloon.
Hongxing Logistics invested a large sum of money to purchase a batch of trucks, responsible for carrying freight orders for You Rong Group and Global Group.
Over this half year, various organizations in Taiwan and various gangs in Hong Kong ordered a total of 210,000 Game Consoles from Guojun Group, the bulk of which were ordered by the Bamboo Union Gang, Sanlian Gang, and Sihai Gang in Taiwan.
In short, the current Hung Hing, as a modernized large-scale organization, had initially gotten on the right track.
From then on.
Chen Jiajun held in his hands Hongxing Property Group, Logistics Group, entertainment companies, Guojun Clothing, Guojun Group, Guojun Academy, and other companies.
While Hung Hing was developing rapidly, the exchange rate between the Hong Kong dollar and the US dollar had quietly begun to fall over these past six months in Hong Kong.
June.
Hong Kong also quietly introduced a series of policies for amusement arcades, relaxing arcade licenses but introducing a regulation that generally limited the installation to one Game Console per nine square meters (97 square feet), commonly known as 【One Machine Nine Square Meters】.
Once this policy was issued, the entire amusement arcade industry in Hong Kong was hit.
To comply with the policy, many sharp-minded organizations and businessmen ordered 【Double-Head Machines】 from Guojun Technology. The so-called double-head meant that one Game Console could accommodate two people playing, and 【Triple-Head Machines】 meant three people playing.
In all of Hong Kong, the vast majority of Double-Head Machines were produced by Guojun Technology; once the policy was issued, piles of orders drifted toward Guojun Technology once again.
The motorcade slowly stopped outside the Chen Building at Hungxing Headquarters. After Chen Jiajun got out of the car, the Hung Hing Big Dippers at the entrance greeted him one after another:
"Ada!"
Chen Jiajun nodded to everyone as he walked: "Everyone go up and have the meeting."
(End of chapter)
End of Chapter
