Jimmy was taken aback; he hadn't expected Shen Dong to bring this up without informing him privately.
However, thinking about the task he had just assigned to Ahua, Jimmy felt that he seemed to understand Shen Dong's thoughts.
“During the time he worked with me, Ah Ren has made great progress and is very familiar with all aspects of Tengfei Garment Company. I think there would be no problem if he were in charge of management.”
Shen Dong raised an eyebrow and asked, "Are you sure?"
Jimmy nodded and said, "I'm sure. However, if you want to take over my job, you'd better give me two months to hand over the reins with Ah Ren."
Shen Dong said, "Okay."
Ah-Hua couldn't help but ask, "Brother Tung, are you planning to send Jimmy and me back to the Hong Kong Island headquarters?"
Shen Dong said, "I have this plan. Tengfei Group has more than ten subsidiaries, which must be integrated. You two need to go back and help me."
Shen Dong and Jimmy said in unison, "No problem."
Shen Dong said, "Gentlemen, this trip to Yandu has far exceeded my expectations. I didn't expect the higher-ups to meet with me personally and reach an investment agreement of up to 15 billion US dollars. This agreement is crucial for the mainland and will be a great boost to the development of our Tengfei Group."
“As I said before, as long as the policies in the inland areas remain unchanged, they will continue to develop rapidly over the next few decades, and land prices will become increasingly expensive. You don’t need to doubt this judgment, which is why I bought so much land in Yandu.”
"We are currently in the early stages of the inland real estate industry. We need to take advantage of the fact that our peers have not yet reacted and do our best to acquire land. Within two years, we should acquire at least 5,000 mu of construction land in prime locations in every second-tier city, and ideally, we should acquire more than 10,000 mu in the four cities of Yandu, Shanghai, Guangzhou, and Shenzhen."
"As long as this standard is met, I can guarantee that in ten years, the price of these land plots will increase at least twenty times. In twenty years, it will increase at least fifty times."
"Old Tang, I'll personally oversee the real estate projects on Hong Kong Island. Your task for the next few years is to acquire land and build buildings on the mainland. All completed buildings must be rented out; absolutely no selling is allowed. As long as the rent can cover the loan payments, you'll have made a significant contribution to the Tengfei Group."
Tang Peijun said, "Brother Dong, this is too much of a commotion. We need to have enough engineers and construction talents in the mainland, and at the same time train a large number of construction teams."
Shen Dong waved his hand and said, "Whatever you need, get it done as soon as possible. Our Tengfei Real Estate Company is going to be the number one real estate company in the entire Xia Kingdom, and become the benchmark in the industry."
Tang Peijun nodded and said, "Understood."
Shen Dong said, "Achan, according to my plan, we will build dozens of hotels in all the first and second-tier cities in the inland areas. They will be integrated with food, entertainment and accommodation, and the area will be as large as possible. At that time, we will make a fortune just from the land. You need to discuss this matter with Lao Tang. I require that these hotels be open within five years."
Ah Chan said confidently, "I have no problem with this. Brother Tang, please take care of the hotel construction."
Tang Peijun laughed and said, "As long as you give me the design drawings, I guarantee I will build it for you at a 1:1 scale."
Achan said, "Thank you, Brother Tang."
Shen Dong was very satisfied with the unity of his subordinates, and said, "For a group to grow and thrive, the most important things are two things: sufficient funds and a large enough talent pool. We don't lack the former, but we desperately lack the latter. In the future, you should pay more attention to the top talents in your industry and put a lot of effort into cultivating those employees with potential internally. I'm not afraid of how high the salaries are for talented people; I'm only afraid of not having enough talent. Do you understand?"
The five of them replied in unison, "Understood."
Shen Dong looked at Song Zihao and said, "Ah Hao, what's the current situation of the stocks we invested in? Give everyone a report."
Song Zihao coughed and said, "Recently, the stock market in the United States has been recovering rapidly. Apart from those bankrupt companies, the stock prices of more than 90% of companies have increased to varying degrees."
Jimmy laughed and said, "Brother Hao, stop with the nonsense and just tell me, how much has the stock price gone up during this period?"
Song Zihao said, "Before coming here, I had someone check. Without exception, the stock prices of all the companies that Brother Dong invested in have skyrocketed. The highest was Microsoft, which doubled in less than a month. The lowest was still up by 30%. Based on the current stock prices, those stocks have brought Brother Dong a profit of 13.6 billion US dollars."
"puff"
"Holy crap."
Everyone was utterly shocked by this number.
It's only been four or five months since the stock market crash, and those stocks have already generated $13.6 billion in profits, which is simply unbelievable.
Everyone looked at Shen Dong, their eyes filled with admiration.
Shen Dong calmly said, "This is just the beginning. In the next ten years, the stock prices of these companies should reach around 200 billion US dollars, which is why I dare to expand our Tengfei Group so much. So, you don't need to have any reservations and expand as much as possible in the inland areas."
"As for the salary, you don't need to worry about it. Anyway, you won't lack luxury homes, luxury cars, or yachts."
"Once the group is on track, you and all employees will receive corresponding shares, and the amount of bonuses will be determined based on the profits of each branch."
Ahua was taken aback and exclaimed, "Brother Dong, do you mean to give all employees shares?"
Shen Dong nodded and said, "That's right. Our Tengfei Group is now a behemoth company, and it must have its own philosophy and culture. I thought about it for a long time and finally decided to have all employees hold shares. I want to use interests to bind every employee tightly to Tengfei Group, to make them form a community of shared destiny with the group, and to make everyone deeply feel that only when the group is doing well will everyone be doing well."
“Remember this: my individual rise is not true rise, nor is the rise of a few of you. Only the rise of everyone in the group can be called true rise.”
"As senior executives of the group, we must have a unified vision: to ensure that hundreds of thousands, or even millions, of employees of Tengfei Group can live a good life in the future."
After hearing Shen Dong's words, all five of them were stunned.
They never imagined that Shen Dong's ambition would be so great, let alone that his mind would be so broad.
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