"Who are you?" came a voice with a Tianjin accent on the other end of the phone.
"Hello, Su Yourong, Happy New Year!" Su Yourong said politely.
"Oh, it's you! I haven't heard from you in so long. How have you been lately?" President Li asked warmly. "We had a great working relationship back then."
“I’m currently developing my business in Hong Kong. I’m calling to inquire about the policies there. I’m thinking of setting up a large factory there. Is it easy to do so now?” Su Yourong asked.
"Sister, let me tell you, things are different now than before. It's much stricter now. If you're a big company, it's easier to get a few thousand acres, or even tens of thousands of acres. But now, the misuse of land is strictly prohibited. They mainly want foreign investment. What are you producing?" President Li asked.
"Electronics, home appliances, and the like. That would probably take up tens of thousands of acres. Are domestic companies no longer giving away land for free these days?" Su Yourong inquired.
"Girl, don't even mention it. This place isn't like a small town. How could land be free? For domestic companies, not only is it not free, but local banks have also imposed restrictions on mortgage loans. People these days are shrewd; they try to exchange land for loans. Let me tell you, it's not going to work. They held a meeting and said there are only so many domestic companies, what's the point of all this fighting? The focus is on attracting foreign investment, understand?" President Li's voice was full of resentment as he cursed, "This whole thing started with that Lu Feng. That idiot made a huge fuss, and the policies have been completely blocked for the past two years."
Su Yourong glanced at Lu Feng with a mocking expression, and Lu Feng rolled his eyes.
"This is a difficult matter, isn't it?"
President Li sighed and said, "It's easy to handle, but difficult to handle. Anyway, the money that needs to be paid can't be handled the same way as before. If you want to set up a factory here, come over soon. The leaders haven't started working yet. Let's have a meal together and then see what happens."
"Okay, okay, I was asking for a friend. Thank you for your help, please do me a favor later." Su Yourong said politely.
"Hey! We're all friends, so don't worry about how hard it is. Just give me a call before you come, and I'll treat you to a meal."
"I want to know, is Chen Hong still alive?"
"Of course she's there, where could she be? Just ignore her, it's fine. She can still eat, but that person's behavior is just awful." President Li started complaining on the phone.
In short, back then, this General Manager Li and Su Yourong were partners. He was in charge of the dock work, while Chen Hong was probably a competitor. The two groups even got into a fight, and their relationship was extremely tense.
These people have now left the smuggling business and started their own businesses. President Li was subtly inquiring about what Su Yourong was doing in Hong Kong, clearly looking for a new way out.
After a phone call that lasted over an hour, Su Yourong hung up and said, "You heard it too. The old model doesn't work anymore. The price for industrial land is fifty yuan per mu per year, so ten thousand mu would be fifty thousand yuan. The minimum payment is a one-time fee for twenty years, which is ten million yuan. If you mortgage that ten million yuan to the bank, you can only get a maximum loan of five million yuan. Your trick of profiting from the bank won't work anymore."
Lu Feng was also worried when he heard about this policy. He didn't expect them to actually set prices for industrial land. Before, Lu Feng could easily get tens of millions of yuan in loans from banks for a few thousand acres of land.
The reason is that the prices of these lands are unclear; you can say they're worth whatever amount you want. If a bank thinks they're not worth it, they can just have a meal and drinks, pull some strings, and the value will immediately double. Now that there are fixed prices, how can you play that game?
"Don't tell me you've spent all those hundreds of millions that United Capital gave you." Su Yourong looked at Lu Feng with some panic and said, "You originally had four hundred million in your account, how did you spend so much money?"
“We didn’t spend it all. We bought a lab, investing 400 million. The group headquarters is also starting to be built this year, with an estimated initial investment of 100 million. There’s also marketing, new product launches, dividends, and all sorts of other things. It all costs money.” Lu Feng scratched his head with some worry and said, “This world is getting harder and harder.”
“That’s right, nobody’s stupid enough to be fooled every day.” Su Yourong lay half-reclined on the sofa, putting her legs on Lu Feng’s body, and said, “This is all I can do to help you. This is the first year of our investment. If you don’t produce results, don’t blame us for withdrawing our investment.”
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