The money was used for projects to build commercial buildings and residential communities on Hong Kong Island.
Once all the projects are completed, Ascendas Real Estate Company will have monthly rental income exceeding HK$5 billion, more than the three major families combined.
The reason for such terrifying profits is mainly due to Shen Dong's cunning and ruthless acquisition, as most of the properties were obtained by him from the Zheng family and various gang leaders.
As for the inland areas, Tang Peijun didn't provide much information.
Zhang Hang's New Territories warehouse maintains a monthly profit of around US$23 million.
Ah Chan's Flying Hotel, except for those in Hong Kong Island and Shenzhen, is mostly under construction.
The completed hotels are operating well and are all profitable.
After a major overhaul, Liu Dong's Hang Seng Bank has returned to normal, with deposits reaching 80% of its peak and the number of customers increasing by 20%.
Both Wei Jixiang's beverage company and Xiao Ma's car company are still in their early stages.
The former estimates that it will only be profitable after Tengfei Mineral Water, Tengfei Milk, and Tengfei Cola are all listed on the stock market.
The latter is even more so, as it is still in the experimental stage.
Optimistically speaking, the first car could be produced within six months, and Tengfei Auto would not be on the market for more than two years.
In fact, many people are not optimistic about Tengfei Motors.
Unfortunately, it was a project personally overseen by Shen Dong, so no amount of opposition from others could change anything.
The last to speak was Song Zihao, CEO of Tengfei Investment Company.
Everyone turned to look at him.
Everyone knows that Song Zihao's investment company made more than 20 billion US dollars in the Japanese stock market, but the specifics are not clear to most people.
Song Zihao is a very tight-lipped guy; even when Brother Ma asked him, he didn't say anything.
Shen Dong smiled and said, "Ah Hao, tell me about things in Japan."
Song Zihao nodded and said, "Okay. As instructed by President Shen, we raised 15 billion US dollars and entered the Japanese stock market with a five-fold leverage. We originally thought it would take a long time to make any gains, but the Japanese stock market collapsed like a house of cards. Now all the money has been withdrawn, and we have made a total of more than 26 billion US dollars."
Upon hearing this number, the crowd erupted in uproar.
"Goodness."
"More than 26 billion US dollars, which is more than the four major families."
"Our Tengfei Group must be one of the richest groups in the world, right?"
"With so much money, we can invest in anything without any problem."
......
Shen Dong coughed and said, "Quiet down, let Ah Hao continue."
Song Zihao continued, "President Shen is very interested in Japanese electronics technology companies. Taking advantage of the Japanese stock market crash and the fact that many technology companies are on the verge of bankruptcy, we have been discussing acquisitions with 26 companies. So far, the investment company has completed the acquisition of 12 companies and purchased the rights to use countless technology patents. If all are completed, the total amount will be around 10 billion US dollars."
Ahua already knew about Shen Dong's plan to establish Tengfei Technology Company, and upon hearing this, asked, "President Shen, will all these acquired technology companies be moved to Pengcheng?"
Shen Dong nodded and said, "That's right. I don't trust the Japanese. I always feel that Japan and the United States would be detrimental to me if I opened a company there."
Ahua said, "As the saying goes, you shouldn't put all your eggs in one basket. President Shen, almost all of Tengfei's companies are located in Shenzhen, which is probably not a good thing."
Jimmy chimed in, "That's right. Nobody knows what the future holds for Pengcheng. What if it doesn't develop? Wouldn't our company suffer a huge loss if it were located there?"
The others nodded in agreement.
In fact, senior management within Tengfei Group had serious reservations about Shen Dong's decision to make Shenzhen the inland center of Tengfei Group.
Compared to Yandu, Shencheng, and Guangzhou, Pengcheng has a much weaker cultural heritage.
Once the inland government changes its policies, Shenzhen will immediately decline.
This is extremely disadvantageous for Tengfei Group.
Shen Dong knew that Ahua and Jimmy's suggestion was correct.
They did not travel from the future and were unaware of Pengcheng's future.
It's perfectly normal to have such concerns.
If it were Chen Dong, it would be the same.
"Ahua, where do you want to locate Tengfei Technology Company?" Shen Dong asked.
Ahua replied without hesitation, "Guangzhou, Shanghai, or Hong Kong Island."
Shen Dong nodded and said, "I have an announcement to make. Starting tomorrow, Ahua will serve as the CEO of Tengfei Technology Company. As for where the company is located, that will be his responsibility. I only have one requirement: it must be easy to manage."
Ahua said, "I understand."
Shen Dong continued, "The future era belongs to technology. Whoever masters advanced technology will be the industry leader. I attach great importance to Tengfei Technology Company and have made corresponding plans. Overall, it will consist of four parts, including Tengfei Communications Company, Tengfei Electronics Company, Tengfei Semiconductor Company, and Tengfei Network Company."
"If these subsidiaries want to grow, they must value talent and R&D. We will use high salaries to attract scientists from all over the world to our Tengfei Technology Company, and at the same time do our best to provide them with the best R&D environment."
"Once the four branch offices have become industry giants, I will split them up again and select four suitable people to be CEOs."
"Ahua, you need to pay attention to cultivating a few management talents who can truly help you."
Ahua nodded and said, "President Chen, rest assured, I will definitely live up to your and the company's expectations and do my best to make Tengfei Technology Company the best technology company in the world."
"I believe in your abilities."
Shen Dong smiled and said to Jimmy, "Jimmy, from now on you will be the vice president of Tengfei Group, and you will be in charge of me."
Jimmy was slightly taken aback and said, "Am I going to become the Grand Eunuch?"
Shen Dong smiled and said, "If you want to become the Grand Eunuch, I can have someone help you."
"Ha ha ha ha"
Everyone laughed.
Shen Dong said, "Alright, now that we've finished discussing business, let's talk about personal matters. In two weeks, we'll be holding a grand wedding. There will be three main characters: Xiao Ma, Ahao, and Xiahou. Hehe, now I'd like to ask, is there anyone else who wants to join this group wedding?"
Seeing that no one spoke, Shen Dong directly called out, "Ahua, what's going on between you and A'e? It's been years, and you still haven't decided to marry her?"
Jimmy said, "Exactly. Let me tell you, you should go back and propose to Ah-E as soon as possible. Brothers should share happiness and get married together; it's such a memorable thing."
Ahua blushed and said, "I'll think about it carefully."
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