Achan thought for a moment and said, "Brother Dong, besides the Bihai Nightclub, you own as many as sixty or seventy entertainment venues of various sizes. Because you prohibit unclean things from entering them, the profits are not very high, and some are even losing money. Renovating them all would be a way out, but I don't recommend turning them all into hotels."
Shen Dong asked, "What do you mean?"
Ah Chan said, "Brother Dong, I think you can renovate them according to their location and size. For example, nightclubs and KTVs in bustling areas can be turned into large hotels, smaller and less bustling areas can be turned into tea restaurants, and some places that are not suitable for opening hotels or tea restaurants can be turned into card rooms, etc. If you want to open a chain hotel or tea restaurant, then you should consider it even more carefully."
After listening to Achan's words, Shen Dong clapped his hands and praised, "Achan, you really make me look at you in a new light. As the saying goes, everyone has their own expertise, and I am far inferior to you in this regard."
Achan couldn't tell whether Shen Dong was praising her or not, so she quickly said, "Brother Dong, I was just saying, you flatter me. I'm far inferior to you."
Shen Dong laughed heartily and said, “Don’t be nervous, I really admire you. What’s the most important thing in business? Talent. Putting the best people in the most suitable positions is the responsibility of every boss. In the catering industry, you are much better than Xiao Ma, so I plan to have Xiao Ma step down and have you take over as the general manager of Tengfei Catering Company. From now on, we will officially enter the catering industry. As for tea restaurants and card rooms, forget about them. If the places are not suitable, we will rent them out. In a few years, when the prices are right, we will sell them. Achan, what do you think?”
Ah Chan looked at Little Ma, who said, "Don't look at me, I've wanted to quit a long time ago. You know that, don't you?"
Shen Dong said, "A Chan, you don't need to worry about Xiao Ma. He has more important things to do."
Achan nodded and said, "If Tengfei Catering Company is handed over to me, I will definitely do my best and live up to your expectations."
Shen Dong said in a deep voice, "I'll give you a year to get the Ascendas Hotel in Hong Kong up and running. Give me a project proposal outlining the budget and renovation requirements. If you do a good job, I will invest one billion US dollars to buy up prime land in first- and second-tier cities across the mainland and build Ascendas Hotels. Ten years from now, I hope Ascendas Catering Company's assets will exceed 150 billion Hong Kong dollars."
Glug!
Hearing Shen Dong's plans for the future, A Chan and Xiao Ma were so shocked that their eyes almost popped out.
A hundred billion Hong Kong dollars? How is that possible?
Shen Dong laughed and said, "Don't think this is an impossible task. In ten years, the land price in the mainland will definitely increase several times. Our Flying Hotel alone can sell for HK$150 billion. In another ten years, the price will increase several times, and breaking HK$500 billion will be no problem."
Currently, various places in the inland areas are attracting investment, and land prices are incredibly cheap. Shen Dong plans to occupy the most prosperous locations in major first- and second-tier cities to build the Tengfei Hotel, striving to make it the most well-known hotel brand in the country.
Shen Dong calculated that with just one billion US dollars in principal and one billion US dollars in loans, he could build hotels in more than one hundred cities of all sizes.
Achan took a deep breath and said, "Brother Dong, I can't guarantee that I can do it well, but I will do my best."
Shen Dong smiled and said, "You don't need to rush. Let's get the hotels on Hong Kong Island sorted out first. It will probably take another two or three years for the hotels on the mainland to be completed."
Achan nodded and said, "I understand."
Little Ma asked, "Brother Dong, what should I do?"
Shen Dong said, "I've started a beverage company called Tengfei in Pengcheng. You'll be my general manager."
Little Ma curled his lip and said, "A beverage company? Nothing interesting."
Shen Dong frowned and said, "This beverage company has a very wide range of products, including milk, mineral water, juice, cola, and so on. My requirement is that in twenty years, Tengfei Beverage Company's market value must exceed one trillion yuan."
"puff"
Upon hearing this, Little Ma almost bit his tongue, saying, "Brother Dong, a beverage company with a market value exceeding one trillion? That's simply impossible."
Shen Dong said irritably, "How do you know it's impossible? Let me tell you, as long as Tengfei's beverage products can occupy more than 30% of the inland market share, breaking one trillion is absolutely no problem. The key is whether you have the ability."
Little Ma pursed his lips and said with a wry smile, "Brother Dong, why don't you find someone else? I might not be able to handle it."
Shen Dong said, "Have you thought this through? This is a job that countless people dream of. The cost of building the factory alone will reach three billion US dollars."
Little Ma said, "We know our own business best; I'm not cut out for this industry."
Shen Dong said, "Then you should become the CEO of Tengfei Bicycle Company. This company not only produces bicycles, but also motorcycles, tricycles, and tractors. If there's an opportunity, they might even produce cars. Xiao Ma, aren't you most fond of cars? Are you interested?"
Little Ma's eyes lit up as he said, "I'm so interested. Brother Dong, as long as there's enough funding, I'm sure I can make Tengfei Bicycle Company bigger and stronger."
Shen Dong laughed and said, "Then let me ask you, do you know what Xia Country lacks most in terms of motorcycles, tricycles, tractors, and cars?"
Without hesitation, Little Ma said, "The engine. It's the core component of every car."
Shen Dong said, "That's right. I want to build a factory that produces all kinds of engines, preferably one with patented technology."
The biggest weakness of the Xia Kingdom's automotive industry is its engines.
Even before he traveled through time, this problem remained unsolved.
Currently, major car manufacturers need to purchase engines from overseas at high prices, which has led to the highest prices for cars.
Shen Dong didn't intend to be the savior of Xia Guo's automotive industry, but as long as he could produce excellent engines, it would be difficult for Tengfei Bicycle Company not to become a hit.
Little Ma said with a wry smile, "Brother Dong, only Europe, America, and the Soviet Union can produce engines. Where are we going to get them?"
A glint of light flashed in Shen Dong's eyes as he said, "The situation in Beisu is very bad. All the major motorcycle and automobile companies are at their wits' end. My idea is to buy their engine technology at a high price and build our own engine factory. As long as the price is cheap, this engine factory will be enough to make us a fortune."
"All countries attach great importance to engine technology, and it would probably not be an easy thing for us to buy it in the past," said Ma.
Shen Dong said, "Northern Soviet Union focuses on military engine technology. If a civilian engine technology can bring them enough foreign exchange, they are very likely to sell it. However, you should buy the best civilian engine technology patent, and don't get some junk."
Continue read on readnovelmtl.com
