Chapter 1146

On this day, Su Xinghui saw Mr. Qu's luxury motorcade again. At that time, he was at the construction site of the Hou family's electrical appliance factory. The factory building of the Hou family's electrical appliance factory would be completed next month, and it could be officially put into production by then. Su Xinghui was there specifically to check the situation.

He was talking to Hou Wenhai by the side of the road when he saw the luxury motorcade drive over. That Bentley car was very conspicuous.

Hou Wenhai said, "Hey, there's a Bentley passing by here too."

Su Xinghui saw at a glance that this was Mr. Qu's motorcade. He nodded, "This is a big boss from Hong Kong who is investing 1 billion RMB in Shangjun County to build an electrolytic aluminum plant. I guess the factory will be built soon."

Hou Wenhai said, "1 billion, that's equivalent to over 100 million US dollars. That's a big deal! It looks like your Shangjun County is about to have great development."

Su Xinghui nodded, "Yeah, I still have to thank you investors."

Tian Xiaopeng had been waiting at the eastern suburbs of Shangjun County for a long time. However, today he didn't bring too many people, only the director of the county government office, Fang Yinqian, and a few staff members of Global International Investment Co., Ltd. in Shangjun County, as well as Julie.

The reason he didn't make a big fanfare today was because Mr. Qu had the intention of withdrawing capital. He didn't want this matter to be spread far and wide. He wanted to meet Mr. Qu alone to see if they could discuss any solution.

By the time it was almost noon, the motorcade finally arrived. Tian Xiaopeng quickly greeted them and shook hands with Mr. Qu, who got out of the car. After shaking hands, he also got into his own car, and the group drove directly to the county committee guesthouse. Tian Xiaopeng was going to host a banquet for Mr. Qu there at noon.

The banquet was still very sumptuous, but Mr. Qu was obviously preoccupied and had a poor appetite. He didn't eat a few bites of food before putting down his chopsticks.

Tian Xiaopeng said, "Is Mr. Qu full?"

Mr. Qu nodded, "Yes, I'm full."

Tian Xiaopeng said, "Then I'll take you to your room."

Mr. Qu nodded.

Tian Xiaopeng took Mr. Qu into the room arranged for him and closed the door. There were only the two of them in the room. Tian Xiaopeng didn't beat around the bush and asked directly, "Mr. Qu, are you going to stop this electrolytic aluminum plant project?"

Mr. Qu nodded, "County Magistrate Tian, I'm really sorry. I'm good friends with Young Master Shen. If it weren't for the fact that I had no other choice, I wouldn't want to do this. It's really because our company is currently short of funds."

Tian Xiaopeng said, "I heard that your company's iron mine in Africa has increased its proven reserves by more than ten times. This is a good thing. I want to congratulate Mr. Qu first."

Mr. Qu said, "Thank you, County Magistrate Tian. It's because of this that I have to withdraw the funds here. If that iron mine cannot be developed within this year, the iron mine will be taken back by their government. Then all my hard work over the years will be in vain."

Tian Xiaopeng said, "Does that iron mine really have reserves of tens of billions of tons?"

Mr. Qu nodded, "The proven reserves are over 30 billion tons, and the iron content is over 60%. It can be ranked among the top ten iron mines in the world. As long as I invest in buying equipment for development this year, the money will come back with a splash. In fact, in at most a year or two, I will have enough returned funds to continue this project."

A year or two? Tian Xiaopeng thought to himself, by that time, I don't know where I'll be.

Tian Xiaopeng said, "Mr. Qu, this project will be successfully approved soon. Can't you squeeze out some funds from your side to start the project here first? Once the electrolytic aluminum plant is launched, the money will also come back with a splash."

Mr. Qu shook his head, "No way. The investment required for this iron mine is at least several hundred million US dollars. All the funds brought over are not enough, so where can I squeeze out funds? I have to go back to Hong Kong this time and borrow some funds from a few of my old friends."

Tian Xiaopeng was worried. He pondered for a long time before looking up at Mr. Qu, "Mr. Qu, why don't I help you get some loans from the banks here?"

Mr. Qu said, "Can the banks here lend so much money? If the electrolytic aluminum plant project wants to start, the initial investment funds must be at least 100 or 200 million. However, if there can be 100 or 200 million for initial turnover, maybe the funds over there can be turned around. So, this is a way."

Tian Xiaopeng said, "How about this, Mr. Qu, don't rush back to Hong Kong. Stay in Shangjun County for a few days. I'll have people from the county government accompany you to play in Shangjun County for a few days. The scenic spots in Shangjun County are still pretty good. In the next two days, I'll help you ask about the loan in a few banks."

Mr. Qu hesitated again and again before nodding, "Okay, then I'll stay in Shangjun County for a few more days. However, I hope you can be a bit faster. My iron mine over there can't wait."

Tian Xiaopeng nodded, "No problem, I will definitely help you inquire at the fastest speed."

Mr. Qu said, "In fact, there is another way, which is to raise funds from society. I can pay 3% interest, pay interest annually, and repay the principal in three years."

Raise funds from society? Tian Xiaopeng felt that this was also a way. Now there are many companies raising funds in society. This is because it is difficult to get loans from banks, so these companies use higher interest rates than banks to raise funds from society. This has become a common phenomenon.

With Mr. Qu's strength, his fundraising can also be considered guaranteed. 3% interest is, of course, much higher than the bank interest rate, and it can be considered high even among fundraising companies.

Seeing that Tian Xiaopeng was still a bit hesitant, Mr. Qu smiled and lowered his voice, "County Magistrate Tian, in addition to 3% interest, you also have a 10% information fee, whether it is a loan or fundraising."