Half an hour later, Mr. Li arrived. He was a middle-aged man in his forties, slightly overweight, with a severely balding forehead, and he had the air of a big boss.
After exchanging pleasantries, they sat down at the table.
Dong Qing said, "Mr. Li, I don't like beating around the bush. What are your total assets now?"
Mr. Li said, "You wouldn't believe me even if I told you. Let my secretary tell you."
Ruo Xiaoyan said, "The total assets are 460 million. You can check the company's accounts for that."
Dong Qing wouldn't completely believe Ruo Xiaoyan's words, after all, she wasn't his employee.
Dong Qing said, "I don't care about your total assets. If you're willing to sell your company to me, I'll send someone to your company to appraise the assets. After the appraisal, I'll give you a fair price. Is that acceptable?"
The company's assets are best valued at the current market price. After hearing this, Mr. Li said, "That's fine, but you can't drag this out for too long."
Dong Qing understood his current situation. He was eager to liquidate the company to pay off his debts. No one would sell a company unless they reached this point. He had no way out when the company went bankrupt. He would not sell the company even if there was a sliver of hope.
Dong Qing said, "I'll go back to the company this afternoon for a board meeting, and I'll get back to you tonight."
Mr. Li said, "Brother, you're very efficient. I look forward to hearing good news."
After lunch, Boss Li insisted on paying the bill himself. In the end, he paid for the meal, said goodbye to Dong Qing and the others, and went back to the company with Ruo Xiaoyan.
The three of them left the hotel, got into the car, and Fang Lin started the car and drove towards her hometown.
Li Yuzhu asked, "Acquiring such a large company is no small sum. With so many properties that they can't sell, how can we? Do we currently have that much money tied up there?"
Dong Qing is a man who has lived a long life. He knows how hot the housing market will be later. He is not afraid of unsold properties. Once they are unsold to a certain extent, they will be worth more than the current value of the properties.
He said, "If the houses can't be sold, leave them there. After taking over, we'll resume construction on the unfinished buildings. Believe me, real estate will be a hot business in the future, more profitable than any other business."
Li Yuzhu looked at her husband in disbelief.
But everything he'd done before, seemingly risky, had ultimately succeeded. Hopefully, this time would be the same. She asked, "I know all that you're saying. A property won't depreciate no matter how long you leave it, but can you afford to leave a car there? If you can sell it, will Mr. Li still go bankrupt? If you leave it there too long, the car model will become outdated and obsolete. Don't you understand that?"
Dong Qing was perfectly aware of this. Houses appreciate in value the longer they're stored, while cars depreciate. He said, "You should know how Yu Qiu became famous back then by acquiring so many cars. Can't I do the same this time?"
Fang Lin was also confused after hearing this. She asked, "Yu Zhu bought trucks back then, so she could start a car transport company. You're buying cars now, are you planning to start a car transport company?"
Dong Qing said, "Everything is constantly changing. You can't accomplish anything by following your simple ideas. You should do business with whatever type of car you need. Taxis are just starting out now, so why can't I start a taxi company? Don't forget, there's a huge passenger flow in the taxi industry in the provincial capital. If I rent out the taxis, I'll have a considerable income. Then, why would I be worried about our cars piling up in the factory?"
In those days, many cities did not have formal taxi companies. Taxis were generally privately owned, and there were very few taxi rental companies.
In those days, cars were all high-end vehicles, and the taxis on the market were all yellow-skinned cars. There were very few people who bought cars to drive as taxis. It wasn't that there were few, but that people couldn't afford cars.
The taxi company will deliver the car to the lessee for use and profit after signing a contract, while the lessee will need to pay rent to the company and receive corresponding compensation and profit.
Of course, taxi companies will also manage this in a unified manner, otherwise individual taxi drivers will overcharge. The company needs to set up a complaint hotline, otherwise the company's reputation will be ruined by others. They must charge according to regulations.
Li Yuzhu and Fang Lin seemed to understand but not quite, because they had never been exposed to these new things before, so it would be strange if they could fully understand them.
Dong Qing said, "Sister Fang Lin, your time as the chairman's secretary is up. After the provincial real estate company is acquired, I'd like you to be the general manager of the branch company. You don't have any objections, do you?"
Fang Lin said, "I'm willing, but I'm afraid I can't shoulder such a heavy burden."
Fang Lin was speaking from the heart. Handing over a branch company to her was a bit overwhelming, especially since the branch company was huge, with assets worth hundreds of millions.
In addition, he is an outsider to both the real estate and automobile manufacturing industries, and he is really afraid of letting Dong Qing down.
Dong Qing said, "I believe you can definitely shoulder this responsibility. Your classmate Ruo Xiaoyan has been working in the real estate company for so many years. I believe you can handle the responsibility of being her general manager's secretary."
Fang Lin asked, "Do you have a candidate for chairman's secretary?"
Dong Qing said, "That's easy. I'll hire a company secretary after you leave!"
Yusheng Company is now a large company, and hiring a board secretary is the easiest thing for them. I'm afraid many girls would be vying to join the company as board secretary.
Fang Lin finally nodded in agreement; she should share Dong Qing's burdens.
Back at the company, a board meeting was held that afternoon. Dong Sanmei and Gu Yurou were out of town, so they participated in the conference call.
During the meeting, Li Churan asked, "After we acquire the company, will the car manufacturing plant still produce cars in the future?"
It was the end of 1998, and there was a huge shortage of cars. However, people in this era generally lacked both cars and money. Everyone had the desire to buy a car, but no one had the money. However, cars would gradually become popular, and Dong Qing saw this better than anyone else.
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