Looking at Erpi's phone call, Su Wu's expression was somewhat complicated.
Erpi has been working tirelessly to promote the growth and expansion of Ruyang Beverages.
Not long ago, Erpi mentioned that he wanted to contract some high-quality water sources, which was something Su Wu had reminded him of.
The thought of this being another considerable expense made Su Wu feel somewhat uncomfortable.
"Erpi, could it be that something's happened again?"
Friendships between men are often that simple; they rarely chat on the phone unless there's something important to discuss.
Erpi wasn't surprised and casually said, "I've been incredibly busy lately, I'm just calling to report some things to you."
"Well, hopefully it's a good thing," Su Wu replied helplessly.
"It's definitely a good thing, but it's also involved a lot of investment." Erpi's tone was a little hesitant.
He knew about Su Wu's debt problem.
However, they are currently in a period of rapid development, and if they do not move forward, they will fall behind; necessary investments are indispensable.
Su Wu's heart tightened upon hearing this, and he sighed inwardly.
"Tell me, what have you been doing?"
"I inspected two good water sources and contracted them both for 50 million. Let me tell you the details..."
Erpi didn't keep anyone in suspense and directly recounted the recent events.
The two high-quality large-scale water sources cost only 50 million yuan for the first three years, which is not expensive at all.
But this is just the contract fee; further investment is still needed for the construction of the water plant.
Although Su Wu was unfamiliar with the market, he felt that the investment in the two large water plants would be at least tens of millions.
This is another significant investment, even if the future returns are more substantial.
They could have slowed down to pay off their debts.
But resources are limited, and Su Wu didn't want to miss out.
More importantly, he handed over the operation of Ruyang Beverages entirely to Erpi Management, and the necessary positive support is only right.
Lost in thought, Su Wu fell into a brief silence.
Erpi, on the other side, received no response for a while and began to call out anxiously.
"Xiao Wu, are you even listening to me?"
"Yes, I'm listening," Su Wu replied quickly, snapping out of his daze.
Erpi neither confirmed nor denied this, "So what do you think we should do next? Should we postpone the water plant construction until next year?"
"No, we must get it built as soon as possible and strive to start production next year," Su Wu said in a deep voice.
Upon hearing this, Erpi's tone became somewhat hesitant.
"There's something I haven't told you yet. I was originally planning to secure a water source to get a loan, but..."
Erpi told Su Wu his original plan in detail, and seemed somewhat dejected.
He originally planned to use the water source to apply for a loan, which would help cover his financial deficit.
But in reality, such loans are very difficult to obtain, and at least for now, no one is optimistic about them.
Su Wu also realized that Erpi had acted too hastily.
Even if a loan is granted, it will have to wait until the water plant is fully completed, or even until products are launched on the market.
Moreover, their loans to companies like Yang Beverages are already several hundred million yuan; banks aren't idiots.
That's just how it is when you're just starting out; you need money everywhere.
While their assets appear to be expanding, the actual funds they can mobilize are becoming increasingly scarce.
Perhaps in the eyes of ordinary people, they are already rare and successful people.
But only Su Wu and Erpi knew the pressure they were under.
Hearing Su Wu's words, Erpi sighed and said, "Fifth, was I being a bit too hasty?"
"No, you did the right thing. A successful businessman not only needs keen insight and vision, but also resolute execution."
Although Su Wu felt helpless, he still gave an affirmative answer.
He paused for a moment and then said in a deep voice, "The development of Ruyang Beverage cannot stop. We must not miss any opportunities we see."
"But what about your debts? We expect to have a surplus of at most 500 million this year," Erpi exclaimed urgently.
500 million?
Su Wu was somewhat bewildered upon hearing this.
This number is much lower than he expected.
He couldn't help but ask, "Why is there so little?"
"My dear young master, have you forgotten? The electronics company is now being supported by me. I've already pocketed over 100 million from them. And what about the real estate company and that new studio of yours? Don't they all make money?"
Erpi complained incessantly and had to remind Su Wu.
Su Wu slapped his forehead upon hearing this; he had genuinely forgotten all of this.
The real estate company's funds were only enough for its own operation. Although there was still a considerable amount in the accounts, Su Wu dared not withdraw them unless absolutely necessary.
The loan amount is still too small.
Su Wu had originally planned to take advantage of the rising real estate market to secure a loan, but he overlooked the current environment.
Perhaps after a few more years of real estate boom, real estate loans will become a favorite of major banks.
But now things are a bit tricky, especially since someone is trying to sabotage things.
The 300 million yuan for the municipal project was all real money, and Su Wu dared not touch it.
Although he owns thousands of acres of land, he has only taken out loans of a few hundred million, which is far from enough.
How much money does he owe Yamaguchi Company now?
It has accumulated to 140 million US dollars.
If converted into Dragon Coins, that would be close to 1 billion.
All things considered, he currently has only 600 million yuan at his disposal.
If he doesn't find new sources of income, he'll be in big trouble.
Although he still has a lot of technology, he doesn't want to continue selling it off cheaply like he did with the Coca-Cola formula.
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