Chapter 724 Want to Enter the Real Estate Market



"Fortunately, I haven't thought about moving the company, so that's good enough," said Tang Xiaobao.

Ma Ming thought for a moment and said, "Oh, so what you meant was, let me develop it?"

"Yes, including the design, I'll leave it all to your Mingcheng Real Estate Company. I trust you."

"Okay, in that case, I'll take it. I'll ask someone to make a plan first and ask the design institute to make a few plans. You can decide then." Ma Ming said.

Tang Xiaobao smiled and said, "Okay, then I'll have Mr. Shen bring someone to your place. You can discuss the details of the contract yourselves. I'll also have Mr. Shen tell you what my requirements are. The only thing is that the price must not be lower than the market price, but the quality must be guaranteed."

"Don't worry, there is absolutely no problem with the quality. I still have a bottom line in doing business." Ma Ming nodded.

"Once the contract is signed, I will ask the finance department to prepare the funds," said Tang Xiaobao.

Ma Ming nodded, then suddenly asked, "By the way, I heard someone say you're planning to invest in the Bawan Expressway?"

Tang Xiaobao said: "Yeah, what's wrong?"

"You'd better be cautious about this," Ma Ming said seriously. "This project has been delayed for so many years. Why is no one willing to invest? There must be a reason. The return on investment is slow, and the cost is relatively high. The investment is estimated to be tens of billions. Your main business is still Shenlong Pharmaceutical. Don't be greedy. Throwing such a large amount of money into it will take at least ten years to recoup the investment. It's really not worth it."

Tang Xiaobao was grateful and explained, "Thank you, Uncle Ma, for reminding me. I understand what you said, but Tongjiang County doesn't even have a highway. I'm happy to do something for my hometown, even if it doesn't make money. Besides, I plan to vigorously develop Tongjiang's tourism and local specialty resources..."

After hearing this, Ma Ming sighed and said, "Xiaobao, no no no, Mr. Tang——"

"You'd better call me Xiaobao." Tang Xiaobao said quickly.

Ma Ming smiled and said, "Well, Xiaobao, these days, there are very few people like you, real conscientious entrepreneurs. You have done a lot of practical things for the people of Bazhong. They will remember you. I also sincerely admire you. You are amazing. I am not as good as you!"

He gave a thumbs-up.

Tang Xiaobao felt a little embarrassed and said quickly, "Uncle Ma, you're praising me so much, I'm almost getting carried away. Oh, and I haven't asked yet, how's your business been doing lately?"

Ma Ming's expression suddenly darkened, and he frowned and said, "It's okay."

"Uncle Ma, we are family. If you have any problems, just tell me. Maybe I can help you with some ideas." Tang Xiaobao said sincerely.

"It's really okay." Ma Ming said.

Tang Xiaobao frowned: "Haven't you been cooperating with the Cao family? Has nothing happened recently?"

Ma Ming was stunned and stared at Tang Xiaobao fiercely: "You know everything?"

It’s true!

Tang Xiaobao was shocked, his face a little grim, and asked, "I've heard a little bit, Uncle Ma, why don't you tell me, what's the current situation of your cooperation with the Cao family?"

Ma Ming hesitated for a moment before saying, "Our cooperation has been pretty good since last year. In six months, Mingcheng Real Estate's assets have tripled. But in the past six months, there haven't been as many projects as before. I didn't think too much about it. This business always has its bad days. But I just recently found out that they actually have other partners, and none of the key cooperation projects are currently handed over to me."

"Oh, so that's how it is." Tang Xiaobao said.

Ma Ming asked: "Do you know something?"

"Nothing." Tang Xiaobao coughed, his eyes rolled, and he suddenly asked, "By the way, Uncle Ma, I suddenly have an idea, but it's not mature yet. I'll discuss it with you after I've considered it carefully. In short, I personally want to cooperate with Uncle Ma. Are you willing?"

Ma Ming stared at Tang Xiaobao and said, "You want to help me, right?"

"Not only that, I naturally have other ideas. Well, let's discuss this matter another day." Tang Xiaobao did not continue on this topic.

Ma Ming stood up, nodded and said, "Okay, then I'll go back and check it out first."

Tang Xiaobao also stood up to see him off: "I'll see you off."

“No, no.”

"This is a must."

Tang Xiaobao sent Ma Ming to the elevator and went straight to Shen Mengyao's office.

"What's wrong?" Chen Mengyao poured a glass of water for Tang Xiaobao, sat down and asked, "I heard that you just met with Ma Ming. Do you want to give these two plots of land to Mingcheng Real Estate for development?"

"That's right." Tang Xiaobao frowned and said, "I always feel that Mingcheng Real Estate seems to have encountered some trouble."

"You mean the Cao family?"

"I don't know." Tang Xiaobao changed the subject: "Oh, I suddenly had an idea."

Chen Mengyao said, "You don't have to tell me yet. Let me guess. Do you want to contract the Bawan Expressway project to Ma Ming?"

"You are so smart." Tang Xiaobao smiled bitterly.

Chen Mengyao smiled and said, "It's not hard to guess. Ma Xiaofeng ran away because of you, and you've always felt guilty. Plus, with the Cao family's situation, since you know Ma Ming is having a hard time, you're definitely trying to help him. Giving him the land to develop and the road construction project as well is understandable. However, it's not appropriate to let Mingcheng Real Estate contract the Bawan Expressway project."

"Why?" Tang Xiaobao was stunned.

"He owns a real estate company, and road construction is a separate business. If he really wants to do it, he'll have to invest a lot of money in large-scale construction machinery. Moreover, this project is too big for him to handle." Chen Mengyao said.

Tang Xiaobao remained silent.

Chen Mengyao sighed, "If you really want to help him, there are ways. Let him set up a road construction company, and then let him subcontract the project in sections. This way, he doesn't need to advance the funds, and he doesn't even have to pay a deposit. You can make a lot of money from it."

"Okay, although this way of making a profit is a little less, it's the easiest way. Let's do it this way. I'll contact him later. Also, I have another idea." Tang Xiaobao pondered for a moment and said, "Can our group enter the real estate market?"

"Or is it because of him?" Chen Mengyao frowned and said, "Don't be too emotional. I've never been involved in the real estate industry before, and the competition is very fierce. There are too many real estate tycoons in the country, and we have many competitors. In addition, we need deep government resources. Oh, I'm not particularly worried about this, but do you really want to do this business?"

Tang Xiaobao said: "I'm not being sentimental. I just think this industry is very lucrative. I'm also particularly interested in the real estate industry. I've recently researched it and I think there's still room for profit, at least within the next five years."

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