Chapter 310 Gift of Shares



But just when he was at the peak of his career, he chose to resign. This was something almost no one expected.

Because there were quite a few eyes watching Wang Shouren from that position.

He is considered a strong successor to the lineage of the great leaders.

This sudden turn of events caught everyone off guard.

But this very act received great praise in the Qin family.

Qin's father even called the boy a "warrior".

Anyone within the system knows that during that period, domestic funding was extremely tight. If you really wanted to develop new industries, forget about prospects; there simply wasn't enough money. Even if there were funds, they might not have been allocated smoothly, considering how many factories and how many people were desperately needing money.

The country's basic industries, road construction, and electricity supply all require money.

Everyone knows that the basics are the most important, so there's no reason to give up on them.

Wang Shouren pursued a high-precision and cutting-edge path. Based on that, it was unlikely that anyone would be willing to provide strong support. Support was possible, but it was very likely to be just verbal, with people telling him to wait a few more years, that it was okay.

But this guy went all out and made this desperate move.

I'm leaving the system. All I want is a little bit of support from within the system. Will you guys above give me that?

Whether he's a conservative or a radical, he'll definitely receive some policy support. Whether it works out or not is another matter. Just the fact that he gave up this position and his contributions are enough to allow him to gain a foothold in Beijing.

Even so, there were still people eyeing him.

However, all of these things were blocked by the higher-ups.

Xu Jiaguo had no idea what Wang Shouren was doing in the United States.

But Qin Tian knew perfectly well that the despicable things this guy had done in the US had truly shown those people just how ruthless Wang Shouren could be. A scheme he'd laid out since 1966, gradually eroding their power over 18 years until 1984, had never truly been his opponent in China. His sights had long been set on that land across the ocean.

That land that is now highly praised by many people.

While people marveled at the high technology of that land, Wang Shouren was already plotting to carve out a niche for himself in this high-tech world. Crucially, he succeeded.

This absurd thing actually happened to this guy with no connections.

The word "genius" is no longer sufficient to describe him.

Who could have imagined that in 1984, his car factory's sales would increase tenfold, and he would make a name for himself overseas? In some obscure corner, unnoticed by anyone, he was laying the groundwork for another future, only this future remained unseen by anyone else.

Qin Tian sighed. Xu Jiaguo was ultimately incapable of handling things; the problems at the motorcycle factory might very well fall on his shoulders. Thinking about this gave him a headache. The "Dayun" brand had been taken back; the motorcycle factory would be half-dead, and then all sorts of trouble would follow. This chief secretary position was a hot potato.

September 29, 1984.

Wang Shouren has returned from the United States. This success undoubtedly tells everyone that the Lucky brand has become deeply rooted in people's hearts.

Xu Weiwei did not come back; she stayed there to handle some matters.

In fact, she didn't want to come back. She planned to give birth there before returning. Otherwise, she really didn't know how to face her family. She was afraid of upsetting her brother and disappointing him.

Lou Xiao'e also stayed there.

Before returning this time, he also went to Hong Kong and, after discussing with the Lou and Huo families, gave a portion of his shares to the shipping magnate.

The shipping magnate did not refuse; instead, he happily accepted.

The group of people tacitly understood this.

Previously, the reason Bao Chuanwang didn't get involved was because he felt Wang Shouren's abilities weren't up to par. It wasn't that he was indifferent; after Wang Shouren decided to sell motorcycles, he gave some of his distribution channels to the Lou and Huo families—a significant favor indeed. Distribution channels are far better than simply giving money. These days, the importance of distribution channels is something those outside the industry simply don't understand.

When Wang Shouren actually started driving a car, things changed. He needed connections, and even more importantly, he needed someone to help and protect him. This protection involved some unspoken rules of the capital market. Therefore, Wang Shouren set his sights on the shipping magnate Bao. In fact, this protection gradually evolved into another form later on.

In other words, when it comes to investment, like the later-known Sequoia Capital, the most important thing isn't having money, but being able to guarantee the company's safety. Of course, there's a lot of bargaining involved. Many investors don't like long-term investments; they prefer to make a quick buck and then destroy the company.

This is a common practice when capital enters the domestic market. For example, they might call it an investment, but in reality, they're killing off existing domestic products and then selling their own. That's roughly the process.

Therefore, Wang Shouren needed protection in this area, but he also had to be wary of the encroachment of capital. This forced him to make a trip to Hong Kong to discuss the matter with two senior figures in the industry, who had been in the business for quite some time. This discussion led them to consider hiring the shipping magnate.

Three people jointly delivered shares to the customer's door.

They directly gave away 25% of the shares.

This is no small sum, and the main concern is that if they send too little, the shipping magnate won't accept the package.

Fortunately, he accepted the offer, which fulfilled Wang Shouren's wish.

Wang Shouren didn't really have any good solutions regarding American capital. In the US, he didn't have a decade or more to plan ahead; relinquishing this portion of the profits was inevitable. He had already made his plans: his future focus would be on strengthening his internal capabilities. As for foreign exchange and making money, the main purpose was to advance technology. That was all.

The person who came to pick him up at the airport did not surprise Wang Shouren.

Xu Yuanchao, who was obsessed with his sister, excitedly ran over when he saw Wang Shouren. Then, after looking left and right, he couldn't see his beloved sister except for the bodyguards that Wang Shouren had brought. His face immediately darkened.

"Where's my sister?!"

"I still have things to do in the United States," Wang Shouren said, sounding somewhat guilty.

Xu Yuanchao narrowed his eyes slightly, looking Wang Shouren up and down: "You didn't look at me like this before."

What kind of look is that?

"You're looking at me like I'm an idiot. You're panicking this time..."

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List