Depend on!

What's going on here?

Shen Dong cursed inwardly.

However, since Du Yuxin had already spoken, Chen Dong really couldn't refuse to give him face.

Amidst applause, Shen Dong walked onto the stage.

"President Du really caught me off guard. If I had known, I would have had someone prepare a speech."

Du Yuxin smiled and said, "Let's just chat casually. Everyone is curious to know why you are so optimistic about the economic development of the inland areas?"

Shen Dong said, "The answer is simple: because our Xia Kingdom is a large country with more than one billion people and nearly ten million square kilometers."

A wealthy man said loudly, "Mr. Shen, I don't quite understand what the relationship is between economic development and population and area? Countries like Japan and Singapore are small countries, yet their economic development seems to be much stronger than that of inland areas."

Everyone nodded in agreement.

Shen Dong smiled and said, "A large population means a large market, and a vast territory means abundant land and resources. In other words, these two aspects represent a country's development potential."

"I have always believed that the two most basic qualities of an outstanding entrepreneur are vision and foresight."

"Whether it's Japan or Singapore, their biggest problem is that they lack the population and resources to sustain their development in the long term, so they can only seek markets outside of Japan."

"But the inland areas are different. Once they develop, their market size could very well surpass that of Europe and America, making them the world's largest."

Guo Shengli said, "Mr. Shen, are you so sure that the inland areas can develop?"

Shen Dong said, "I'm sure. The inland areas have never lacked resources, talent, or labor. The only constraint has been policy."

"Opening up to the outside world has now become a national policy. As long as we can attract outstanding companies from all over the world to settle in and actively introduce advanced technologies and productivity, the development of the inland areas will surely flourish."

"To be honest with everyone, I have already made arrangements in all the first and second-tier cities in the inland areas, and I have purchased hundreds of thousands of acres of land."

"Within three years, Tengfei's textile factories, garment factories, instant noodle factories, beverage factories, automobile factories, hotels, commercial buildings, office buildings, residential communities, ports and docks will be spread all over the country."

"Next, I will expand Hang Seng Bank to major cities in the mainland, and at the same time establish some high-tech companies, including internet companies, telecommunications companies, electronics companies, game companies, e-commerce companies, etc. I believe these companies will bring me amazing profits."

"In short, I am full of confidence in the economic development of the inland region. I hope that in ten years, the total assets of the Ascendas Group in the inland region will exceed one trillion US dollars."

"boom"

Shen Dong's words were like a thunderclap in the ears of the group of wealthy people.

One trillion US dollars?

How is that possible?

The total annual GDP of the entire inland region is only about 300 billion US dollars.

Not to mention the wealthy people on Hong Kong Island, even Du Yuxin felt that Shen Dong was exaggerating.

Little did they know that in the future, every inch of land in the inland areas would be incredibly valuable.

Leaving aside other industries, the land that Shen Dong has purchased in the city centers of major cities alone, amounting to billions of US dollars, is worth over 500 billion US dollars.

Shen Dong laughed and said, "I know you might think I'm a shill for the inland government, and that I'm saying this to get you to invest in the inland."

"Actually, I don't want you to invest. The reason is simple: once you invest, you are likely to become my competitors. Everyone knows that the more competitors you have, the greater your losses will be. It's better to make money secretly by yourself."

A wealthy man said, "Mr. Shen, I've been to Guangcheng and noticed that your Tengfei instant noodles are selling exceptionally well. Could you tell me how much profit you make each month?"

Shen Dong countered, "How many do you think there will be?"

"A conservative estimate is that it should be no less than HK$100 million."

"No more. Last month, Ascendas instant noodles' profits exceeded HK$300 million."

"Where's Tengfei Clothing?"

"Pretty much."

"You mean you can earn HK$600 million every month just from these two companies, right?"

"right."

Upon hearing this, the crowd below the stage immediately erupted into a cacophony of noise.

"A net profit of 600 million a month, that's terrifying."

"Is Mr. Shen just bragging?"

"Probably not. With a population of 1.3 billion in the inland region, and Tengfei Apparel holding 40% of the entire market, a monthly income of 300 million is quite normal."

"Everyone says that the inland areas are very poor, but now it seems that this is not the case."

......

A beverage processing business owner asked, "Mr. Shen, I know you built a beverage factory in Shenzhen, and your products are already on the market. I wonder how profitable it is?"

Shen Dong said, "Our beverage factory has successfully developed seven or eight kinds of fruit juice drinks. Due to limited production capacity, they are only sold in six major provinces and cities in the south of the mainland, with a monthly net profit of about eight million Hong Kong dollars. However, starting next month, our production capacity will increase threefold, and we will have a profit of about twenty million Hong Kong dollars."

"In addition to fruit juice, we also plan to produce other beverages, including milk, cola, mineral water, and so on. We estimate that these products will be on the market within two years. Our preliminary estimate is that Ascendas Beverages Company's monthly profit should exceed HK$1 billion in the future."

Guo Shengli was somewhat skeptical and said, "Mr. Shen, aren't you being too optimistic?"

Shen Dong smiled and said, "Mr. Guo, the mainland is vast and has a large population. As long as I can capture about 20% of the market share, making 1 billion Hong Kong dollars will be very easy. If there are no strong competitors, it is not impossible to break through 2 billion Hong Kong dollars in monthly profit."

Li Ka-shing said, "I'm afraid your investment will be quite large, won't it?"

Shen Dong said, "It should be said to be very large. Take the beverage factory as an example. According to the plan, we will need to invest at least 20 to 30 billion Hong Kong dollars in the next three years, including building beverage factories all over the country, building dairy farms on the grasslands, and building mineral water source bases in places like Changbai Mountain in Hangzhou. If we add other industries, it is estimated that it will cost around 200 billion Hong Kong dollars."

The previously noisy venue fell completely silent.

In this era, HK$200 billion is equivalent to the combined assets of all four major families in Hong Kong.

This is absolutely terrifying.

Li Zhaoshan couldn't help but ask, "Mr. Shen, aren't you afraid that you won't get your investment back in the end?"

Shen Dong laughed and said, "I predict that there is an 80% chance that Xia Guo's economic reforms will succeed. If my judgment is correct, my assets in the mainland will most likely exceed six trillion Hong Kong dollars in ten years. When the mainland develops to a certain stage, the real estate market will definitely take off, and the land I have purchased should bring me more than several trillion in income. At that time, my total assets will likely reach about twenty trillion, making me the richest person in the world."