Chapter 1521 (1/2)

The Ultimate Student Action 41180K 2022-07-22

Chapter 660 - Cooperative intent with Rongpeng

Ji Feng laughed, ”Uncle Rong, you don't have to worry. I only have a rough idea and I don't have a concrete plan yet. However, you can rest a.s.sured, Uncle Rong. As long as there are projects, you will definitely be part of them! ”

As he said that, he couldn't help but mock him, ”Uncle Rong, I'm still thinking about the huge sum of money in your hands!”

”Hehe …”

Rong Peng immediately laughed, ”I am relieved to have you to say this, but I don't have much money on me …”

”Uncle Rong is already crying?” Ji Feng smiled.

The two of them immediately laughed.

Ji Feng knew that Rong Peng's words were just a joke. As for how much money he had, Ji Feng wasn't too sure about the exact numbers. However, Ji Feng knew of the general extent of it.

Without mentioning anything else, just the shares that Rongpeng had in Rongpeng Group and the fact that he had continued to own Rongpeng Group over the years were at least a billion yuan.

Even 10 billion isn't impossible!

Actually, the reason why Ji Feng wanted to tell Rongpeng about machinery was because of the huge amount of money that was in Rongpeng's hands.

If they wanted to enter the industrial sector, especially the heavy industry sector, just that one billion yuan of the Tengfei Group's funds was far from enough. Even if the entire group was mortgaged to the bank, it might not be enough!

Moreover, they couldn't take all of this money with them because the Tengfei Group needed to develop and needed liquidity. They also needed backup to prevent any unexpected situations from happening.

Therefore, introducing foreign funds at this time was extremely important.

However, this was not a reliable source of money, so it was more important where it came from.

Ji Feng was certain that as long as they brought in money from the outside, it would be a huge amount. It might even exceed the investment made by the Soaring Group. If the money was taken out by someone, it would be fatal!

Therefore, Ji Feng had to find reliable people to work with. Rongpeng was a more reliable candidate!

”Young Master Ji, it was just a joke just now!” Reng Peng laughed and said, ”How about this. You choose the investment project and we'll do the rest together. Just tell me how much money you need. My money is falling in value in the bank anyway. My heart hurts!”

Ji Feng couldn't help but smile as he nodded his head. Although Rongpeng's words were a joke in itself, what he said was the truth.

Everyone often said that money was worthless these days. This was just a popular saying.

If one were to say something more professional, then it could be said that the value of Chinese currency was declining!

To give a simple example, ten years ago, you could have bought it with a hundred dollars, but now you would have to spend two hundred, three hundred or even more to buy it!

Money was stored in the bank, and that little bit of interest could not match the rate at which China's currency was devalued. Therefore, many people who had money to spare were thinking of all sorts of ways to invest more so that their hard-earned money would not devalue.

Rongpeng was probably even more anxious. One had to know that the amount of money he had was an astronomical figure. If it were placed in the bank, the annual loss of money would be too great for the majority of people to earn in a few lifetimes.

It would be strange if Rong Peng wasn't in a hurry!

Ji Feng laughed, ”Uncle Rong, let's talk about this first. As long as there are suitable projects, I will inform you immediately!”

”Then I'll wait for your good news!” Rong Peng said with a smile.

Ji Feng smiled and nodded. He felt that the light from the curtain had dimmed. He raised his hand and looked at his watch.

”If that's the case, then I won't stay here any longer. The sky is about to turn dark.” Ji Feng offered to take his leave.

”Young Master Ji, let's stay for dinner!” Rong Luo Yan said.

Ji Feng smiled as he waved his hand, ”There's plenty of time to eat. After this matter is settled, we can eat however we want. It's better to pay attention to this matter now!”

”Young Master Ji is right!” Rongpeng nodded and said, ”Then let's do it this way. Young Master Ji, I'll send you down.”

”Then I'll be troubling Uncle Rong!” Ji Feng nodded his head in agreement.

”I'll go too!” Li Ruo Nan said.

Ji Feng laughed as he glanced at her, ”Aren't you afraid that I'll bully you again?”

Li Ruo's beautiful face turned red: ”You dare!? See if I break your legs! Furthermore, it's not certain who will bully which of us two! ”

”Ha!”