Chapter 373 Raising Funds
After reaching a cooperation agreement with the Cao Gang, Lu Songli and Qin Sheng returned to Houcheng without stopping.
After returning to Houcheng, Lu Songli sent invitations to the wealthy families in Liaodong County in the name of the Liaodong Chamber of Commerce.
This time, in order to solve the problem in Nanyang, the Liaodong Chamber of Commerce and the Ji family will jointly act as the banker, and she will be the one to operate remotely.
When running a banker, of course the more money and food you prepare, the better.
Lu Songli decided to pull these people onto the chariot.
This time, she acted in the name of the Liaodong Chamber of Commerce, intending to separate the Liaodong Chamber of Commerce from the Liaodong County Magistrate's Office. At least she couldn't so blatantly let her father endorse the Liaodong Chamber of Commerce.
On this day, Lan Bingcheng, Geng Yuan and other wealthy families in Liaodong County received invitations from the Liaodong Chamber of Commerce.
Unlike the first time they were hesitant and wavering when they received Lu Desheng's invitation, this time they responded very actively, and almost everyone arrived at the Liaodong Chamber of Commerce building half an hour in advance.
They knew very well that although it was the Liaodong Chamber of Commerce and not the County Magistrate Lu Desheng who invited them this time, who among them did not know that the Liaodong Chamber of Commerce and the County Magistrate's Office had a close relationship?
When they arrived at the meeting hall of the Liaodong Chamber of Commerce building, they found that there were not many invited people, only seven or eight, but all of them were well-known figures in Liaodong County.
"The president is here!"
When Lu Songli showed up, Lan Bingcheng, Geng Yuan and others were quite surprised.
Since the establishment of the Liaodong Chamber of Commerce, Wu Ren, the general manager, has been in charge of various external affairs.
They had all heard that there was a president above him, but this president was elusive and they had never met him. This time they were lucky enough to meet him, but they had never expected that the president of the Liaodong Chamber of Commerce was actually a woman.
And this woman was none other than Lu Desheng's second daughter.
Their previous guess was correct. Lord Lu Desheng indeed had a close relationship with the Liaodong Chamber of Commerce.
The president of the Liaodong Chamber of Commerce is Lu Songli, and Lu Songli and Lu Desheng are father and daughter. Don’t they have a close relationship?
Lu Songli walked straight to the main seat and sat down, then said to everyone present, "Everyone, please sit down."
"President Lu, I wonder what's the important matter that has brought us here?"
"I'm busy, and time is precious, so I'll cut to the chase and get straight to the point. The Liaodong Chamber of Commerce is planning a big deal soon, and when it comes to business, the more capital, the better. I wonder if anyone here is interested in getting involved?"
Lu Songli didn't say what they were doing specifically, but it was no secret that Wu Rengang had led a group of people away from Liaodong County. It was easy for them to think that way.
Everyone present looked at each other in bewilderment. They had vaguely heard that Wu Ren had led a team out to pave trade routes for the Liaodong Chamber of Commerce. Opening stores in various places did require a considerable investment, so was the Liaodong Chamber of Commerce short of money?
Lan Bingcheng boldly asked, "President Lu, how do you get involved?"
Lu Songli glanced at him and said gently, "This is a big deal. Our Liaodong Chamber of Commerce is planning to invest over three million taels. You have three options. The first option is to buy a share and receive a share of the profits according to your shareholding ratio, but there is a risk of losing money."
"The second option is that you can lend money to the Liaodong Chamber of Commerce for six months or a year, and we will pay interest."
"The third option is to choose not to get involved in this matter."
After Lu Songli finished speaking, no one was willing to withdraw.
Are you kidding? They're not stupid, why would they quit? Didn't you see that only eight people were invited this time? That means others who wanted to join in weren't even eligible.
Lu Songli looked around. "There's really no need to force this. If you're not willing, just withdraw. I promise that my father and I won't blame you for this. The reason we're raising funds this time is because the Liaodong Chamber of Commerce originated in Liaodong County. When there's something good going on, we always have to think of our brothers first. Once we're sure our brothers don't want to get involved, we'll consider others."
After Lu Songli's words, everyone sat even more steadfast in their seats, determined not to quit. They had no doubt about her words. After all, the Liaodong Chamber of Commerce's friendship with the Ji family, the richest family in southern China, was well-known. Besides the Ji family, they must have other connections; they had no shortage of investors.
Geng Yuan spoke first, "President Lu, the Liaodong Chamber of Commerce has good things in mind for us, and we are not the kind of people who are ungrateful. Just tell us what we want to do next."
Lu Songli was also very satisfied with the result. She gestured to the side and said, "Alright, since no one has chosen to withdraw, let's move on. Here are two documents, one for the equity investment and the other for the loan. You can take a look at them."
Lan Bingcheng and Geng Yuan looked at the two contracts and found that there were thresholds for both investing and borrowing money, and the minimum investment was 100,000 taels.
When Lu Songli heard them whispering, she sneered in her heart, isn't it true that there is a threshold? In later generations, the threshold for entering private equity funds is one million.
"You can go back and discuss this matter, and come back to give us a reply at 3 p.m." Lu Songli gave them time to discuss.
In the afternoon, Lu Songli received everyone's reply.
As the saying goes, if you borrow, you must repay, and it will not be difficult to borrow again. In addition, the Liaodong Chamber of Commerce has always had a good reputation.
Lan Bingcheng left enough working capital and moved the rest to the Liaodong Chamber of Commerce, a total of 150,000 taels, and he chose to invest.
Geng Yuan was originally still struggling with whether to invest or borrow money.
He discovered that borrowing money was actually quite good. The Liaodong Chamber of Commerce offered a 5% interest rate, so the monthly interest on 100,000 taels of silver was 500 taels, or 6,000 taels a year. The key was that the risk of capital recovery was low.
If you invest in shares, there is a risk of loss.
But Geng Yuan thought of Lan Bingcheng's good luck, gritted his teeth, took out 100,000 taels, and chose to invest like Lan Bingcheng.
In one day, Lu Songli raised a total of 1.2 million silver.
Of the eight wealthy families she invited, not a single one withdrew from participating. In fact, several of them had joined forces with their relatives to pool together hundreds of thousands of taels of silver to participate in the venture.
Lu Songli doesn't care about this.
Then, she withdrew 1.5 million taels of silver from the Liaodong Chamber of Commerce. The premise for her withdrawal of this money was that it would not affect the operation of the Liaodong Chamber of Commerce.
After Qin Heng learned that she was going to need a large amount of money, he gave her 200,000 taels.
In less than a day, Lu Songli raised 2.9 million taels of silver. After discussing with Qin Sheng, she took out 100,000 taels to make a total of 3 million taels.
Ma Jin and Zhou Da will transport the silver to Luoyang for Ji Daxiu to manage.
Various orders were issued from Liaodong County, and several waves of people set out from Liaodong County, some heading to Luoyang, some to Qingzhou, and some to Chang'an. For the next period of time, Lü Songli would be stationed in Pingguo County.
Pingguo County is a county town located on the south coast of Liaodong County.
Next, news from Nanyang will be transmitted to Pingguo County via Qingzhou by water, and the news will be more timely.
The first stop of Wu Ren's team was Qingzhou, and she also stuffed Young Master Ji into Ma Jin and Zhou Da's team. He will settle down in the Ji family branch in Qingzhou, and together with Wu Ren, he will be responsible for coordinating and assisting Ji Wuyin.
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