Chapter 159: Only I Have My Own Law Chapter 159 Chapter One Hundred Sixty-Three Bulk Cargo Wharf

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Protagonist:

Chen Yi

Taking sides is like going to bed: you need foreplay, a climax, and ideally a bit of afterglow.

Secretary Deng felt as if he had been raped, his pants ripped off brutally without any preparation. Now that things had come to this, whether he liked it or not, he had to go through with it.

He quickly thought: the high official was an ally of the Chen Family; Old Master Chen had retired, but he was still alive. As for the He Family, they hadn't fared well in the earlier attacks, and if they were to fight for the future, they certainly weren't as strong as the second and third generations of the Chen Family. Others were already worth billions.

After a long while, Secretary Deng finally nodded heavily and said, "I am naturally on your side."

Chen Yi and his father exchanged a glance, smiled, and asked, "Secretary Deng, what's the situation with the Mitsubishi Group?"

Since we're on the same side, we should work together to solve problems. Things like kidnapping are no longer important. And the Mitsubishi Group would be Secretary Deng's pledge of loyalty.

Deng Ge was somewhat unwilling in his heart. If he were to give the pledge to Chen Guoliang or Secretary Sun, it would be more appropriate. But giving it to Chen Yi was obviously out of the question, and Chen Congyu... wasn't qualified either.

Everyone understood his hesitation. But Chen Yi said nothing, and Chen Congyu said nothing.

Whether he liked it or not, they couldn't just feed him more because he was unhappy.

About two minutes later, Secretary Deng seemed to reorganize his thoughts and said, "Mitsubishi wants the wharf in Jiangbei."

"Wharf?"

"The wharf in Jiangbei can hold cargo ships of up to 100,000 tons at most, but that's data from 20 years ago. Back then they had no money, so they just did a simple renovation and used it as a passenger wharf because it's close to the city center. Now the deep-water wharf in Jiangnan is severely congested, and the Mitsubishi Group wants to develop this wharf into a new bulk cargo wharf."

Chen Congyu said in surprise, "Mitsubishi operates wharves?"

"They've teamed up with the domestic Daming Group. As for the specific details, I don't know." Secretary Deng continued, "You should have seen the Jiangbei Wharf. It's all shantytown there, a scar on Jiangning. If a modern bulk cargo wharf could be built, it would not only solve the urban appearance problem but also solve the employment problem for tens of thousands of people, and the status of Jiangning's deep-water good harbor would be further consolidated. So on this matter, both the City High Official and the Mayor agree."

The last sentence clearly emphasized the importance of this matter.

Secretary Deng said so much and still didn't stop, adding, "Besides the good aspects, there are also many troublesome places. First, the bulk cargo wharf, plus various supporting facilities, land requisition might cover over a hundred square kilometers. This is a huge project, and demolition is always a major problem. If it were building residential areas, it would be fine, but now everything is being built into a wharf. In terms of demolition compensation and so on, it definitely won't satisfy everyone. Niu Xiang is a big hoodlum in Jiangbei, and Yamashita Yugyo is from Mitsubishi's internal affairs. Yamashita Yugyo hired Niu Xiang precisely to solve the demolition problem."

Chen Yi suddenly understood and said, "They want to forcibly demolish the shantytown?"

As a Political and Legal High Official, Deng Ge said somewhat embarrassedly, "Not exactly forced demolition. In the shantytown, apart from the central area, which had single-story houses from early state-owned small factories, the rest were built illegally by themselves. According to principle, this part of the houses doesn't need compensation."

Chen Congyu said with a stern face, "They're actually thinking of this? The Jiangbei Wharf area and those houses along the coast—at least a hundred thousand people would have to relocate, right?"

"A project worth tens of billions, stable income for decades to come—it's also a big piece of fat meat for the Mitsubishi Group. They're definitely determined to get it." Secretary Deng said, advising, "I've said what needs to be said. There's no need to make everyone unhappy over a bit of petty rivalry. On this matter, Mitsubishi won't yield. That kid Niu Xiang has a way to solve Jiangbei's demolition problem with the least money and the fastest time. That's his value, worth at least hundreds of millions. Tell me, in this situation, can I not let him go? Can you not let him go?"

"I really won't give him to you." Chen Yi didn't care about the value of hundreds of millions. If things really blew up, the Chen Family didn't have the ability to help them demolish, but they definitely had the ability to make sure they couldn't demolish.

Thinking this way, he felt at ease, leaning against the sofa while eating Green Breath Berries in thought.

A full 10 minutes passed before he picked up the teacup, took a hearty sip, and said, "Dad, are you interested in operating a wharf?"

"Jiangbei Wharf?" Chen Congyu was startled, thinking his son had gone crazy. Such a huge project—how could it be decided on a whim?

He couldn't help but say a few more words: "That's a bottomless pit. Without several billion US dollars, you won't even hear a sound."

"Just several billion US dollars. Mitsubishi can come up with that much cash, and so can I." Chen Yi wanted to show off his strength in front of Deng Ge. "I can take out 1 billion US dollars right now."

Gold Source International makes 20 million US dollars a day, 600 million US dollars a month. After deducting increasing costs and recent expenses, he could still take out at least 1.5 billion US dollars.

Deng Ge was greatly surprised, but Chen Congyu hesitated.

Building a wharf is like building a modern city. All kinds of infrastructure are extraordinarily expensive. If it's half done and the capital chain breaks, it's truly a total loss, and they'd have to pay until they lose everything.

Moreover, unlike other business projects, the profit of a wharf isn't as much as imagined. Although good wharves bring in gold every day, their management and maintenance costs are unavoidable.

In short, building a wharf is a hard job that makes money. It's exactly the opposite of selling document approvals.

Chen Yi turned to Deng Ge and said, "Doesn't Jiangning hold public tenders?"

In 2003, public tenders appeared frequently, but they weren't necessarily required.

Deng Ge smiled and said, "We've estimated that if it were a public tender, it would require at least tens of billions in capital and 30 billion in financing. In all of Jiangning, companies with such strength have no interest, and those with interest don't have the strength."

Chen Yi looked at his father. Chen Congyu indeed wasn't very interested.

High risk and low return. Except for those international giants looking 20 years ahead, Chinese enterprises don't have such patience. Of course, it's more accurate to say they don't have the qualification to have patience.

Chen Yi stroked his chin and didn't rush to decide. First he said, "Dad, why not lend me some people?"

"Oh?"

"I remember the Group has an Investment Department. Spin it off for me."

Chen Congyu glared and said, "Then what do I use?"

"You haven't made a major investment in how long? Give it to me. If you want to use it later, you can borrow it back."

Most of the Chen Group's equity is held by the Chen Family. Anything can be decided at the dining table.

Chen Congyu quickly nodded and said, "Tomorrow morning, I'll have Fang Zhong report to you."

Chen Yi then said to Deng Ge, "Secretary Deng, then we'll prepare and also make a feasibility report. We'll ask you to review it when the time comes."

This was purely official communication.

Deng Ge hummed and hawed twice, then left.

He personally visited the Chen Family, did nothing, and even took a side once. None of this was pleasing, especially since Chen Yi's attitude at the beginning wasn't great either.

Of course, Deng Ge could still defect to the He Family's side and thus stand completely opposite the Chen Family. But why bother? He didn't want to take sides because he wanted to remain neutral. Now neutrality was unsustainable, and there weren't many paths left.

Sitting in the Audi, Deng Ge weakly waved his hand and almost muttered to himself, "Xiao Liu, the wind and rain are rising in Jiangning."

Evening.

Chen Yi went to Germany, spent 100,000 euros, and bought two unknown sea fish fossils.

Solnhofen fossils are quite expensive and have a considerable reputation among fossil enthusiasts. This is partly due to their inherent scarcity value, and partly because Solnhofen fossils are indeed beautiful. Even from an investment perspective, buying two Solnhofen fossils at any time and hiding them at home, then releasing them several years later, they definitely wouldn't lose to inflation.

Two fossils were stuffed into the belly of the Subway, but only one took effect. Chen Yi left the Subway very calmly, without asking it to spit out the useless one.

Raising a Magic Subway is like raising a child. Feed it nutritious food to grow, but snacks give it a stomachache. Yet snacks can't be lacking, and snacks are even more expensive than staple food.

Gene Completion reached 15%, with no changes.

Chen Yi wasn't anxious either; he went to the United States again and completed all the formalities for the fund transfer at Citibank. His one billion US dollars was an enormous figure in China, or in the Jiangning area, but in New York, the financial center, it could only be called decent.

Besides sending people to persuade him to use various wealth management services, Citibank offered no special treatment.

Chen Yi curled his lip in disdain. No wonder people all liked saving money in Switzerland; the service levels of the Americans and Europeans really weren't in the same league.

After finishing his cultivation in the Holy Qiao Kingdom, another night passed.

Chen Yi rode a raptor directly to the Chen Group.

His mother had already left him an office on the top floor, converted from a small conference room; it was spacious and bright upon entering, and it housed an arowana.

Fang Zhong, the manager of the Investment Department, was waiting for him outside the room, slightly nervous.

The Chen Group was an industrial conglomerate; the Investment Department's main work was to ride the wind and waves in the stock market, escorting the group's stable development. Occasionally, when raw material prices were unstable, they would also do some hedging in futures to preserve value.

Previously, when they had insiders, the Investment Department earned tens of millions a year, which was considered decent among departments. But over the past year, let alone insider trading, even the small fry of the securities regulator dared to come and bully them. The killing aura Fang Zhong had cultivated in his early years had already weakened by half.

A young man of eighteen or nineteen, at most twenty years old, opened the door.

Fang Zhong guessed he was the boss's son and hurriedly stood up.

No choice; when the Investment Department was making money, he sat more steadily than anyone. Now, with no business for half a year, he didn't even have the confidence to collect his salary. (Unfinished; if you want to know what happens next, please log in to www. qidian. com for more chapters, support the author, support genuine reading!)