Chapter 1129 - Plans (2/2)
“Deal!”
Gu Changmin and Jin Xingkui smilingly replied.
Immediately after, some prominent business people around Shanghai spotted Gu Changmin and Jin Xingkui chatting with Tang Xiu. Each one of them came to greet them one after another. But Tang Xiu himself didn’t want to chat with these bystanders, so he made up an excuse and left. He and Ouyang Lulu then casually picked up some random seats in the auction venue.
“Holy… this brat is simply…”
Gu Changmin shook his head and looked at Tang Xiu’s back as he left while murmuring with a dry smile.
Jin Xingkui squinted and whispered, “It’s just like his usual mannerism, Brother Gu. Else, we wouldn’t have our place in the world today.”
“Huh? What do you mean by that?” Gu Changming was stunned and asked with a confused expression.
“Have you ever thought that if he has a showing-off character, then he’d get countless business opportunities coming to him given his abilities and identity?” said Jin Xingkui. “Which rich boss doesn’t want to cooperate with someone with such abilities and identities like him? I dare say that tons of people in the whole of Shanghai, regardless of the industry, would definitely wave their checkbooks just to cooperate with him and join their endeavors.”
Gu Changmin nodded. Then, he spoke with a wry smile, “True that. Even if we do leave out his abilities, just his identity alone is enough to make numerous people gather around him while stuffing tons of money into his pockets. But speaking about that, though, I really do admire this young man. Just think which one among those scions from prominent families in the capital doesn’t rely on their status and background? They get dividends and support from other companies, but what about Tang Xiu? He never does such a thing. I don’t think he’ll even spare a glance at the money delivered by others to his door.”
“Yeah, that’s what makes him fearful.” Jin Xingkui sighed. “He never proactively demands money from others, and it’s likely that he won’t accept money sent by others either. Even then, he just relies on his own abilities to set up the fast-growing Magnificent Tang Corporation. The amount of wealth he has made… is definitely hundreds of times more than those second-generation officials who took dividends from others’ companies. Speaking about it, Tang Xiu must have become richer than us by now… right?”
Gu Changmin gave a firm nod in response and said, “True. My estimation is that just the Magnificent Tang Corporation alone is probably worth more than 50 billion yuan.”
“That much already?” Jin Xingkui was shaken, disbelief overflowing from his eyes. It must be noted that the Magnificent Tang Corporation had just been established—only more than a year. How could it create so much profit in just a short time? No matter how great their products were and their demands far outstripped the supply, it shouldn’t have happened that fast, right?
Gu Changmin went on with a strange face. “Aren’t you now in cooperation with the Magnificent Tang Corp., though? Don’t tell me you got no idea this company is now investing in Star City? Just that project investment will probably secure them tens of billions of yuan in profit. Their products are making money much faster than the bank’s printing machine. I even think that my previous valuation of the Magnificent Tang Corp. at 50 billion yuan is still far short from its actual value.”
Jin Xingkui also gave it a thought but still felt that Gu Changmin was exaggerating the facts. He had learned some facts about the Magnificent Tang Corp. himself. The company had low output for each product. The price of each may be very expensive, but it was unlikely that the annual profit was at the 20-30 billion figure. Additionally, there was no way the investment yield from Star City would reach 50 billion either!
“Brother Gu, it’s impossible for the Magnificent Tang Corp. to have a total net worth of 50 billion. Unless Tang Xiu also has other investments,” said Jin Xingkui seriously.
“You’re usually so smart, why have you become so silly now!” Gu Changmin with a strange expression. “What about the real estate developed by your own company? Is it without his investment? Further, are you also forgetting the fact that he’s the owner of the Everlasting Feast Hall? That Hao Lei from the Grand Fortune Jewelry is also his subordinate. Now calculate for yourself how much would that be if the assets of the Everlasting Feast Hall and the Grand Fortune Jewelry are added together?”
Gasp…
Only then did Jin Xingkui suddenly realize that he had been underestimating Tang Xiu’s wealth too much. Leaving out the Everlasting Feast Hall and the Grand Fortune Jewelry, Tang Xiu invested in his company and the income six months later would be a huge figure as well. Who knew if the Magnificent Tang Corp. had any other investments? If there were, it would simply… let alone 50 billion, it was even likely it was just a hair away from 100 billion.
“That’s literally sitting on mountains of gold!” Jin Xingkui wryly smiled and sighed.
Gu Changmin grinningly said, “Whether he’s sitting on mountains of gold or not, just with his identity and background alone and the fact that we’re on good terms with him is already the luckiest thing. Alright, let’s just wait for the night-snack time later. I gotta talk about cooperation with him. I hope he’ll be interested.”
“You want to cooperate with him? You got any good project?” Jin Xingkui was surprised.
“I’m quite optimistic about the prospect of logistics recently,” said Gu Changmin with a smile. “I’m going to set up a large domestic logistics company. Be it the delivery speed or the coverage area in China, I’m gonna press several other large logistics companies. If Tang Xiu is willing to join in, I can use his identity and background to negotiate with some e-commerce business owners. What do you think? Will those e-commerce business owners give us some slices of the pie even if they have their own logistics network?”
Jin Xingkui shook wryly smiled and shook his head after hearing this. Then, he immediately said, “You’re literally robbing their food. Those e-commerce guys will never bother to spare you a glance if there’s no Tang Xiu. That’s for sure.”
“Why must we waste Tang Xiu’s identity, though?” Gu Changmin grinningly replied.