Do I run a sales business? It just means I know a lot of people.
They invited all the people they thought were wealthy to the conference. They even managed to get a few coal mine owners from the neighboring province to come through some friends.
When Lao Mou says he has a project, you don't need to worry about anything, just bring your money. As long as he's willing to help you, you can just wait to make money without having to do anything.
Many people still think that Lao Mou's plan last year was to turn Greater Manchuria into the Hong Kong project in the north.
Who knew it would be even more impressive than developing the border?
More than a hundred people came, and the old Nande headquarters couldn't accommodate them all, so they found the auditorium in the district where meetings were held and set up an investment promotion meeting.
Goodness, even the city is paying attention.
If you put it bluntly, people won't care anymore. They'll just think that Lao Mou has only been away for a year and is thinking of making some contributions to his hometown.
Lao Mou was preparing backstage at the meeting. He needed to prepare a lot of speeches for his upcoming speech, otherwise he wouldn't be able to hold down the fort for the entire meeting.
After arriving, I received a lot of support from the city government, including leaders from the district and county.
Many of them I knew, and many I didn't.
I printed the photo of me having dinner with Xing Baohua to the largest size I could find. It had to be the same size as her funeral portrait; anything larger and it wouldn't print.
They even got a beautiful picture frame.
The staff will bring it up in a bit so everyone can see it.
When Lao Mou took the stage, the people below started clapping; that's popularity.
Pressing down with his hand, Old Mou began his opening remarks: "First of all, thank you all for gracing us with your presence, and thank you to the leaders of the city, district, and county for your support..."
The first ten minutes of the speech were all polite remarks.
"Some time ago, I went to central Shandong to discuss air freight business with Mr. Xing of the Da Mi Group. We had dinner together and discussed a project. It wasn't worth tens of billions, but hundreds of billions."
Fearing that many people might not know who Xing Baohua was, Lao Mou had his staff bring up several photo frames while introducing Xing Baohua's role in establishing and developing rice.
"The cell phones, pagers, and even computers you use are all made from rice. If you want to say that rice is rich, it really is rich. Isn't it true that they're going to build the world's tallest building and the world's second tallest building at the same time?"
"The next project I'll talk about is also related to construction. Because this project is too big, the Rice Group can't handle it, so they gave me a quota of 5 billion..."
When Lao Mou said he wanted to tile the Great Wall, everyone in the audience laughed.
The faces of the leaders who came to show their support all changed.
Old Mou didn't press down, but waited until everyone had finished laughing. Then he walked to the lectern and picked up the plan he had prepared.
He waved his hand, and when everyone stopped laughing and all eyes were on him, he said, "I know why you were laughing. When I heard President Xing tell this story, I laughed too, but it wasn't as exaggerated as you guys."
After a slight pause to catch his breath, he continued, "Mr. Xing didn't pay much attention at the time, but instead told me, 'Do you know how technology can change lives? Ordinary tiles, when combined with high-tech technology, can completely change everything.'"
Have you heard of nanotechnology? Have you heard of graphene? He told me that rice has it, and not only that, the graphene technology actually came from the rice laboratory, because the nominated Professor Li is a senior rice technician.
"Build a high-tech tile factory, incorporate advanced technology, and make the tiles look brand new for thousands of years." This is just a repetition of what Xing Baohua said to him to fool him.
But someone in the audience understood! He whispered to the person in front of him, "No matter what kind of porcelain it is, even without these high-tech features, it will remain unchanged for thousands of years. If you don't believe me, go to a museum and look at those pottery and porcelain pieces."
Some people believed it, some didn't, and the key point was that Lao Mou didn't know this either, so he continued to talk on and on.
To tile the Great Wall, the Rice Group had to advance its investment, which would take at least five years.
The people in the audience were in an uproar when they heard that they had to pay upfront, and they started whispering among themselves, wondering who would do that!
They may say that, but you still have to listen. After all, they've made it clear that the project requires upfront funding, and if you're willing to do it, you can join in. Often, clients deliberately conceal the need for upfront funding, and that's exactly what happens.
At least they've explained it to you now.
Old Mou emphasized, "Don't worry, it's not you who are providing the funding, it's the Rice Group. Because the investment is huge, they also want to provide the funding. Do you know why?"
Bonds! Mr. Xing told me that the country is currently engaged in economic construction across the country, which requires a lot of money. It's impossible to spare time for tiling the Great Wall, so he negotiated to use five- to ten-year bonds as settlement.
In other words, the rice needs to be financed over five to ten years. This is essentially using his cash reserves to buy bonds. Look at the CEO's foresight; he's truly impressive.
A smart person would instantly understand the potential profit. Whether it's huge or not is another matter, but it's stable. It's even more stable than putting money in a bank and earning the highest interest.
Some people think it's not a good idea. With that kind of money, who would go for high-interest loans? Doing something else is better than waiting for interest. Although bond interest rates are higher than bank interest rates, they aren't that much higher.
Actually, these people didn't see the profit margin in construction. The profit margin here is roughly between 15% and 30%. This is the profit margin for infrastructure construction. If it's decoration, the profit margin will be slightly higher. Tiling is also a decoration project.
On average, the interest plus profit is around 30%, and that's a conservative estimate.
Most of those who attended the meeting were quick-witted and probably knew what Lao Mou was planning. Didn't I just say that General Manager Xing of Da Mi gave Lao Mou a 5 billion yuan investment share?
"I made a deal with Mr. Xing. He will invest in building a modern, high-tech tile factory. In order to ensure the progress and quality of the project, he even wants to list the tile factory on the stock exchange so that people all over the country can buy shares in the tile factory."
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com
