Mistaking My Sister-In-Law for My Wife After Getting Drunk! - Chapter 117

Chapter 117: Chapter 117: Investing in Stocks
He was twenty-seven.

One evening, Xu Yang, Lin Junyi, Su Wenbin, and Jiang Yuheng dined together.

After several rounds of drinks and a variety of dishes,

Jiang Yuheng spoke up, “Xu Yang, does your ‘River Bottom Salvage’ need financing? We have a bit of money and could invest for a stake in the company.”

Xu Yang was slightly startled.

If it were before, he would never agree to someone asking if he needed financing.

After all, he wasn’t short of money; he still had over a billion in cash lying in his bank account.

He originally planned to invest that billion in the stock or futures market.

But recently, the stock market had been performing poorly, and most commodities in the futures market were in a near-dead state.

In any case, he wasn’t short of cash.

However, since he last spoke with Zhao Hai about ‘River Bottom Salvage’s expansion plans, Zhao Hai had started to prepare, already sending people to scout for locations in the four major first-tier cities.

The feedback was that someone was secretly hindering their search for locations.

This caught his attention.

He asked Zhao Hai what exactly was going on.

Zhao Hai explained that ‘River Bottom Salvage’ had encroached on the interests of some in the restaurant industry, who were trying to hinder its expansion through these means.

Xu Yang inquired of Zhao Hai how they should resolve this issue.

The solution Zhao Hai provided was financing.

Xu Yang was still somewhat puzzled.

If someone was hindering them, would financing really solve it?

He wasn’t lacking money, after all.

After Zhao Hai explained, Xu Yang finally understood the situation.

It turned out that a company could not grow and develop with just money; it also needed connections.

Otherwise, those vested interest groups would make it extremely difficult for you to progress.

This is why many profitable companies still seek financing.

By bringing in strong investors through financing, those investors, for the sake of their own profit, would help clear the company’s developmental obstacles.

Xu Yang had also considered financing and the first ones he thought of were Su Wenbin and Jiang Yuheng.

One had a great influence in the business world, and the other had a significant influence officially.

In addition, their relationship with him was very good, meeting the criteria for financing perfectly.

As for Lin Junyi, his connections weren’t as strong, but his relationship with Zhao Hai and Zhao Yuxin was good, and he had become a close brother to him, so sharing some shares with Lin Junyi wasn’t out of the question.

Originally, Xu Yang had planned to approach the three after the New Year, but since Jiang Yuheng had raised the issue now, sorting it out before the New Year was also fine.

With this in mind, Xu Yang said, “I welcome your investment for a share in the company, but I can’t guarantee that your investment will turn a profit since running a company comes with risks. If there are losses, you can’t blame me.”

Jiang Yuheng and the others looked at each other, their faces beaming with joy.

“Xu Yang, does that mean you agree to our investment?” Jiang Yuheng asked.

All three knew how many investors, many of them very capable, wanted to invest for a stake recently but had been refused by Xu Yang.

They had approached this with a try-and-see attitude.

If Xu Yang had refused, they wouldn’t have said anything.

To their surprise, they really made it.

“Agreed, we’re all brothers. Let’s make money together in the future,” Xu Yang said with a smile.

“Xu Yang, thanks!”

“Xu Yang, a toast to you!”

“Xu Yang, I think this investment will last us a lifetime!”

The three of them raised their glasses and toasted Xu Yang.

“Tell me how much capital you can put up, and I’ll see how many shares to distribute to you,” Xu Yang said.

All three reported their investment stake.

Jiang Yuheng invested four hundred million, while Su Wenbin and Lin Junyi each invested two hundred million.

“How about six percent of the shares for Jiang Yuheng and three percent each for Lin Junyi and Su Wenbin?”

Xu Yang pondered for a moment, taking into account the current scale of Jiang Dilo and its future growth rate, before offering the shares.

Jiang Dilo was destined to be a hundred-billion empire in the catering industry, and this was the maximum amount of shares he could offer.

In the future, as they continued to expand, it was possible that they might bring in other investors.

“No problem.” None of the three had any objections.

Although the shares seemed small, they were all insightful individuals.

Given the popularity of Jiang Dilo, expanding to major cities across the country, even this small stake would be very valuable in the future.

The next day, Xu Yang took the three men to Jiang Dilo Company to sign the contract, and they all transferred the funds to the company’s account right away.

…

In the president’s office of Kaixuan Investments,

Chen Guanglei was talking animatedly about how wonderfully the acquisition of Jia Sheng Guild was doing.

Every day, live streaming sales were bringing in tons of money.

He also mentioned cryptically that he had prepared a big surprise for Fengcai Guild.

“What surprise?” Chen Ankang asked.

“Dad, don’t worry about it. This surprise might just end Fengcai Guild’s glory!” Chen Guanglei said with a laugh.

“Alright, as long as you know what you’re doing,” Chen Ankang didn’t ask further.

He didn’t need to worry about the business tactics his son had learned.

If things went awry or a mistake was made, he could step in to fix it.

“Dad, rest assured, I know what I’m doing,” Chen Guanglei said confidently.

Just then, the phone on Chen Ankang’s desk began to ring.

Chen Ankang picked it up and saw that the incoming call was from his old friend Ye Ping,

the one working at Fengkai Mining.

“Old Ye,” answered Chen Ankang.

“Old Chen, you should have listened to me. Now you must be regretting it,” Ye Ping said.

“Old Ye, what regret? I don’t understand what you’re talking about,” Chen Ankang looked puzzled.

“Huh? You haven’t heard?” Ye Ping was taken aback.

“Old Ye, what exactly are you talking about? What should I have heard about?” Chen Ankang felt Ye Ping’s comments were confusing.

“Our company’s bauxite mine in South America,” Ye Ping explained.

“Ah? What about it? No buyers?” Since deciding to invest in the acquisition of Jia Sheng Media, Chen Ankang had stopped paying attention to Fengkai Mining’s bauxite mine in South America.

“What do you mean no buyers? The news is already out there, and you still don’t know?” Ye Ping was somewhat speechless.

“What’s the situation? Tell me about it.” Combining what Ye Ping had said, Chen Ankang suddenly had a bad feeling.

“A while back, the mine was sold to someone else for fifty million. That person brought in an exploration team and, in just one week, found a vast amount of bauxite deeper down. He then sold it back to Fengkai Mining for 1.6 billion. You didn’t listen to me and missed out on an opportunity to earn over ten billion,” Ye Ping said, feeling sorry for Chen Ankang.

“What!” Chen Ankang exclaimed, standing up abruptly.

Fifty million to buy, 1.6 billion to sell, making a profit of 1.55 billion in the blink of an eye.

How long had that taken?

He truly missed an opportunity to make a fortune.

“Old Ye, are you serious? Don’t fool me,” Chen Ankang was reluctant to believe it.

“Old Chen, it’s all over the news, why would I lie to you? You can go and check if you want. Anyway, I was just asking you about this today because I called mainly to withdraw the five hundred thousand I have invested in your company. My son found a girlfriend, they’re getting married and need to buy a house. When can I withdraw the money?” Ye Ping said.

“Old Ye, we need to follow the rules. You should apply fifteen working days in advance, and after fifteen working days, you can withdraw the money, otherwise, you’ll have to pay a lot of fees. Anyway, there’s no rush for your son to buy a house, right?” Chen Ankang responded.

“It’s not very urgent, so I’ll apply now and withdraw it after the New Year. Anyway, I need to be going; I’m busy with other things, goodbye.” Ye Ping was about to hang up the phone.

“Wait, don’t hang up,” Chen Ankang quickly said, “I want to ask about that person who dealt in the bauxite mine, what’s his name?”