Stealing Your Heart Chapter 443
The whole Bai Group consisted of three sections – door and semiconductor production, as well as real estate.
The local hotels and shopping malls were all developed by Bai Group. They solved the local unemployment issues but did not accept migrant workers, resulting in only a small population in Baicheng. Thus, all of Bai Group’s property development was conducted in other cities. From the information Guan Jing gave him, he could see exactly which cities they were distributed in.
It just so happened that he knew several real estate tycoons who developed properties all over the country. He picked up his phone and made a call.
The call connected quickly, and it was his secretary who answered it. “This is Zong Jinghao. I’m looking for Mr. Xu.”
At that moment, Mr. Xu was looking through the monthly sales. He seemed to be in high spirits because their company sales had surpassed his expectations.
Naturally, he would be in a good mood.
He had a cigarette in his mouth when his secretary came in. “Mr. Zong is on the line.”
Mr. Xu looked at his secretary with a dubious expression. “Who?”
He thought that he had hallucinated.
“It’s Mr. Zong from Wanyue Group,” the secretary repeated.
Mr. Xu gave his secretary a flat stare. “Do you think I don’t know who that is? I’m just shocked that he’d find me. Transfer the call to me now.”
The secretary passed the call to him, and he immediately answered with a smile. “Mr. Zong? What a pleasant surprise! To what do I owe this pleasure?”
Zong Jinghao held the phone against his ear and leaned into his chair while fiddling with a pen with his free hand. The tone he used was one people frequently used during business matters; neither enthusiastic nor unfriendly, but just right. He smiled into the phone and said, “Are you saying that I don’t contact you often enough?”
“Of course not! You’re a busy man, Mr. Zong. Also, I heard that the new energy development you invested in some time ago is flourishing. Congratulations!”
Zong Jinghao had completely revolutionized Wanyue. No industry could prosper forever; things would begin to decline after reaching their peak. This fact was unchangeable because the rise of industry would also attract a large number of competitors.
A cake could only be so big. The more people wanted a piece of it, the lesser the profits each of them would receive.
Every industry was also advancing through continuous pioneering and reformation, but these required a sizeable amount of financial funding. Those with weak foundations were naturally eliminated from the competition because they did not have the funds to realize the innovations and reformations at all.
The initial investment for innovation was very large, and those without a big fortune would never dare to venture into that.
Zong Jinghao had known this since a long time ago. Hence, he had already begun the process of reformation in the past few years. Under the premise of continuous innovation in his main businesses and preserving his leadership role throughout it, he recruited talents and valued them as well. He was willing to pay a generous capital, which benefited him in the end by giving him a group of immensely capable researchers.
He invested in pharmaceutical research and development, new energy, CPU, etc.
Outsiders knew that he and Tang Che had established Superior Investment Bank. In truth, he was the person in charge, while Tang Che was only his partner in name and would receive annual dividends.
Profiting alone would easily bring all kinds of trouble to his doorstep as Tang Che had relevant connections. Moreover, the two of them partnering up, albeit only in name, fortified their stand and ensured that no one dared to cause trouble.
An investment bank would naturally focus on investment. As long as the interest rate was slightly higher than that of ordinary banks, it would be able to attract investors.
He had an eye for investments. Hence, he was able to use the investors’ investment to invest in whatever he wanted to develop.
And no one knew that he was the major shareholder in all the industries he invested in, nor that the developers and money all came from him.
Only one-third of the profits were spent.
A new project innovation meant that it had the ability to occupy the top of the industry, and it was also the beginning of an era of huge profits. Of course, latecomers were at a disadvantage.
When the popularity of this industry eventually died down, he would have new technologies in the many other fields that he invested in, shaking the business world again.
It would be an infinite loop – one that he created to his own liking.
And he would be the person with ultimate control over all of it.
His game plan was basically progressing on the right track.
Comments
The readers' comments on the novel: Stealing Your Heart (Lin Xinyan)