Chapter 353 - Profit Model (1/2)
Chapter 353: Profit Model
Investing huge sums of money, transforming the desert environment and taking in a large population: what was the purpose of Xing Hai Technologies? Countless people were full of doubt, especially in the business world. The elite of the business world, including successful entrepreneurs and shrewd managers, were all racking their brains in an attempt to solve the riddle.
In the end, they shook their heads.
In their view, both desert management and taking in refugee populations were total loss incurring businesses. There was no profit! It was impossible for those two avenues to be profitable.
However, Xing Hai Technologies was very obsessed with these programs. There was a sense of not being able to pull an obstinate yak back from its momentum.
On the other hand, based on the savviness of Xing Hai Technologies and how it seemed to never do any business that would result in a loss…
“There must be a devil, hidden in the details.”
But it was difficult to catch that devil with the intelligence of an ordinary person. Xing Hai Technologies took a far longer view than all the smartest people put together.
…
June 15th.
A bald middle-aged man alighted from a luxury car was parked at the front of the sci-fi-like building of Xing Hai Technologies.
Liu Guoqiang, aged 58, was the president of a large domestic real estate company. He had a net worth of more than $100 billion and was a very well-known entrepreneur.
After receiving the invitation from CEO Ling of Xing Hai Technologies, he nodded in the affirmative without much thought to the matter. He would attend this particular product launch event.
And this event was very special.
Liu Guoqiang had made discreet inquiries among his friends and received two pieces of shocking information.
Firstly, those who had been invited to participate in this event by Xing Hai Technologies were all rich people. Each of them had a net worth of more than $10 billion. Invitations had been issued to fewer than 1,000 people.
Secondly, Xing Hai Technologies would be launching a major project this time, it was a super project with funding capital of more than $100 trillion! There were countless benefits associated with it and countless opportunities for making money!
This shocked Liu Guoqiang to his very core. When the 15th arrived, he immediately set off for Shanghai
…
He entered Xing Hai Edifice.
In the large conference hall on the third floor, Liu Guoqiang saw many familiar faces and business leaders. He greeted several of them.
“President Li, you’re here too?”
“President Yang, aren’t you always saying that you are busy, yet you’re here today too?”
“Jie Kema, President Ma, you can be considered the richest one here out of all of us. Are you interested in this project too?”
Liu Guoqiang gave a heavy sigh in silence. Personally, he acknowledged that he was a bigwig. But there were many bigwigs here in the hall who were even richer than him.
He even saw several people who received low media coverage. They had very low-key lifestyles in their day-to-day lives but had also come for this particular event.
Liu Guoqiang silently observed the room. The wealthiest group of people in the country had all come here.
…
In a corner of the conference hall, He Jia was surrounded by a group of female entrepreneurs. They tried to make inquiries of her in rapid succession.
“Big Sister He, you are President Chen’s little aunt. You must have the most information regarding any inside story?”
“Big Sister He, please reveal a little information! Let us know what this project is about.”
“President He, tell us something about it.”
The female entrepreneurs asked a range of question in their delicate voices. Their faces were full of curiosity.