My father-in-law had never grown vegetables like this before. Dong Qing, a man who had lived a long life, knew a lot about growing vegetables. His method was to plant vegetables this year and harvest them next year.
The father-in-law readily agreed. His family had no shortage of money to buy fertilizer and seeds, and hiring people to plant 100 acres of chives was an easy task.
October has arrived, and it has been a year since the county was upgraded to a county-level city. The city has developed very rapidly in the past year, partly due to the influence of the winter celebrations, and partly because the municipal government intends to focus on developing Sucun.
The city skyline now surrounds Sucun, and hospitals and schools are under construction. Several shopping malls are also being planned, making this a prime commercial area in the future.
After nearly a year of renovations, the train station is expected to be put into use in early summer next year.
The city's long-distance bus station is under construction and is only one kilometer away from the train station. It is expected to be put into use in early summer next year.
This year, the Municipal Highway Bureau has planned several highways around Sucun, which are currently under construction.
There was a main road in front of Su Wei's new house, which led directly to the train station and bus station. Only then did she truly believe what Dong Qing had told her that night: that her new house would become a golden treasure. Just over a year later, she saw hope.
The municipal government's decision to relocate Sucun has finally been announced, and various units have gradually begun to move in and build.
The 1,500 mu of land that Dong Qing bought here has long become a prime location. He asked the manager, Gu Yurou, to register with the relevant departments in the city and allocate 200 mu of land to build an agricultural wholesale market.
Dongqing plans to build several large sheds inside the farmers' market, surrounded by shops. The project has been contracted to a construction company and will be completed and put into use next autumn.
The agricultural wholesale market mainly consists of wholesale and retail stalls in greenhouses, and the surrounding area is full of single-story shops, which will mainly sell grains and oils in the future.
Agricultural wholesale markets and general merchandise wholesale markets are different in nature. Agricultural wholesale markets mainly consist of sales sheds, and the investment amount is much less. Therefore, he can still come up with the funds to start the construction of this wholesale market this year.
However, there are still some difficulties. Yusheng Company is in the development stage and there are many places where money is needed. Even Dongqing himself would not believe that he is not anxious about funds.
Steel, a building material, is incredibly cheap right now. If we don't find a way to build now, when will we? We need to use all our money wisely. His development goal is to be able to borrow money rather than save it.
At this time, Yusheng Company had gained a foothold under the influence of the overall economic climate and had a certain status in terms of reputation, but its funds were still tight. The money earned from its various industries was far from enough to cover its expenses, and no amount of money was enough for Dongqing's needs.
This is how it is for startups: the faster they grow, the greater the crisis becomes. They face the risk of a broken cash flow at any moment, and if not properly managed, they can go bankrupt.
Last year, the porcelain trade kept the economy afloat during the winter festival, but this year is different; without that income, the economy is clearly strained.
Li Yuqiu earns around 200,000 yuan a month. Even if you lend him all of it, it won't make much difference because his funding gap isn't just a few hundred thousand yuan, but several million or even tens of millions.
In those days, workers' wages, building materials, and steel were all incredibly cheap. Even so, more than half of the 15 million yuan loan from Dong Qing had been invested in the department store wholesale market, which had been in operation for over a year. No matter how tight the economy was elsewhere, he dared not use that special loan.
Li Yuzhu eventually went back to her parents' home and borrowed over 1 million yuan, using all the money her younger sister had earned over the past ten months. She handed the savings book to Dong Qing and said, "The 1 million yuan I got from our mother won't solve much of the problem. What if we run into financial difficulties?"
Dong Qing said, "When the economy tightens again, we'll accept financing and turn our company into a joint-stock company."
Li Yuzhu said, "If it really doesn't work out, we can sell some of the land in Sucun. The land price there is already quite high, reaching 5,000 yuan per mu."
Dong Qing said, "It's not time to sell land yet. Accepting financing is just a matter of time. Our company already has control over its assets, so we can maintain control no matter how we raise funds."
Even if Dong Qing's company raises 10 million yuan, he can only get a maximum of 20% of the shares. Besides, no one could raise that much money in the 1980s.
A large company cannot develop solely through its own efforts; it can only grow faster by absorbing external financing.
Of course, financing is not a simple matter. If others cannot see the development prospects of your company, they will never lend money to your company. In Dongqing's current situation, it is very easy for them to raise funds.
As businessmen, no one is a fool. Dongqing's development over the past two years is something that ordinary people cannot achieve.
People seek funding from other companies to make money. If a company has no future, no one will invest in it.
Li Yuzhu asked, "When do we plan to accept financing?"
Dong Qing said, "After the comprehensive department store wholesale market opens, our company will continue to grow and expand. Only then will we be able to acquire more company shares. With only one year left before the opening, we must overcome this difficult period no matter how tough it is."
Li Yuzhu said, "I really don't understand the company's development plan. You handle it."
It must be said that Dongqing's approach is very forward-thinking. The nature of financing now is completely different from that of financing after the opening of a department store wholesale market.
Once the department store wholesale market project is on track and receives financing, the company's total assets and stock price will be many times higher. With the same amount of financing now, the company's shares will be many times less.
It must be said that Li Churan's grandfather and father were very insightful and had a forward-thinking business mind, and were eager to raise funds for Yusheng Company this year.
However, they encountered an adversary. What he could see, Dong Qing could also see. He would never accept financing unless the timing was right. If the timing of financing was right, it would be an immeasurable asset.
Accepting funding this year and next year is not a matter of time, but a matter of money. While it may seem that there is little difference between seeking funding from Yusheng Company this year and next year, the underlying differences are much greater.
For example, if you raise 10 million yuan this year, you can get 20% of the company's shares. But after the department store wholesale market and farmers' market open next year, you won't even get 10% of the shares. This is because Yusheng Company's output value is constantly increasing and it will have even better development prospects by then, which will make a difference in terms of prestige.
Furthermore, the nature of a department store wholesale market is different before and after its opening. Before opening, no one can see its prospects. After the wholesale market opens and business is booming, it becomes a different thing. The shares obtained with the same amount of financing are also different.
Even if it's only two months later, many people will be willing to raise funds for Yusheng Company by then, because everyone will be able to see the company's future prospects and hope.
Of course, the same investment amount will yield far fewer shares, so time is money and this is the most suitable investment.
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