A century-old wealthy family that rose from Shanghai

Chapter 20 The Third Round of IPO

the next day.

"Boss Chen"

"It's Uncle Guang, please take a seat!"

A middle-aged man in his forties walked into the Changjiang Car Dealership with a hunched back. At first glance, he was a typical example of overwork in the old society.

Chen Guangliang knew him. His name was Wang Buguang and he was a shoe shiner.

"I won't sit down. I came here to ask, I heard that I can save money here and you will get 30% interest a year, is it true?" Wang Buguang asked with a hopeful expression.

He kept his money in a hidden place, but the house was actually so small that it was easy to be stolen.

As for depositing money in the bank, banks in this era do not look down on such a small amount of money, and poor people are not used to depositing money in the bank.

Chen Guangliang said kindly, "Of course it's true. 30% interest per year, paid immediately upon maturity."

Wang Buguang asked cautiously, "Is this money borrowed?"

Chen Guangliang smiled and said, "Uncle Guang, I now have nine rickshaws under my control. Each rickshaw, including the license plate, is worth three hundred dollars. Nine rickshaws makes twenty-seven hundred dollars. Don't worry, this money is safer with me than anywhere else."

Wang Buguang finally relaxed his expression and said, "Of course I trust you. I have thirty dollars to give you. They are all for my child's wedding."

He had a son when he was 30 years old. He said this from the heart, but it was also a reminder to Chen Guangliang.

"If you deposit thirty dollars with me, you'll have thirty-nine dollars to take out by this time next year, a full nine dollars more. Your child might not get married for another three years. If you continue to give me money next year and the year after, by the time your child gets married, I'm afraid you'll have sixty-five dollars, more than double the amount!"

"Oh my god, that's so much. I'm going to go back and get the money for you."

On that day, there was an endless stream of people coming to consult, and all of them were "fooled" by Chen Guangliang.

The idle funds in the entire Fangua Lane continued to flow into Chen Guangliang's hands.

"Have you heard? Chen Guangliang is borrowing money and promised to pay 30% interest a year. Repay on time and never default!"

"Is that Chen Guangliang, the rickshaw driver?"

"What rickshaw driver? He's the boss now. He owns nine rickshaws. The license plate is worth three thousand dollars!"

"He's so amazing. Lending him the money is a safe bet!"

"That's right. I've already lent him twenty dollars, and he said he'd give me twenty-six dollars in a year. Six dollars, nearly half a month's salary, is better than no interest at all."

The signs of human-to-human transmission are very obvious.

Of course, the success of this fundraising is thanks to Chen Guangliang's recent "reputation".

After half a month of construction, the base of Changjiang Motors has been basically completed.

The main facilities are two houses and a large fence.

However, the rickshaw pullers cannot sit idle and often come here to find something to do, such as getting some tables and chairs.

There were even rickshaw pullers who wanted to gamble here, but were immediately stopped by Chen Guangliang. Only entertainment was allowed here; they could play cards, but not gamble, even peanuts were acceptable.

In the past few days, there has been an endless stream of people coming to "deposit money", and Zhou Xinggao brought people to act as "guides" and "bodyguards".

Of course, Chen Guangliang's skills are somewhat famous in this generation, so no villain dares to covet him.

What's more, Chen Guangliang deposits money into the bank every day and does not keep much in the Changjiang Car Dealership.

"Mr. Li"

"Well, Brother Zhou, you guys are really quick, this place is almost done!"

“It’s all a concerted effort.”

"Yeah, but you have good organizational skills."

"Thank you for the award"

After get off work, Li Chao came to the base of Changjiang Car Dealership. Although the area around Fangua Lane was smelly, he still came here two or three times a week.

After all, the business of Changjiang Car Dealership has far exceeded his job income.

The Changjiang Motor Company made nearly three hundred dollars a month in profit, and Li Chao held about 30% of the equity, which was a full ninety dollars, far exceeding his income and other side income. Therefore, Li Chao considered the Changjiang Motor Company his most important business and devoted all his energy to helping it grow.

"Brother Li, you've come just in time. I need to talk to you about Brother Zhou. Please ask Xiuying to prepare an extra pair of chopsticks."

"Okay, Mr. Chen."

After sitting down in the office, Chen Guangliang said, "Brother Li, I've been raising funds in this area recently, borrowing money from the neighbors in Fangua Lane at a 30% interest rate, and I've made a lot of money. So, I'll soon launch a new round of share issuance and expansion. Would you like to think of a way to borrow some money to invest? Otherwise, I can only give you a half-share in Project C."

Even if Li Chao did not invest money, Chen Guangliang promised to give him half of the shares, which shows the importance of Li Chao.

Although Li Chao is not the supervisor of the transportation department, his colleagues will help him and his superiors will take care of him. This is his network of connections.

Just like the rise of the Jiangbei Tycoon Gu Zhuxuan, he used to work in a police station, so when he resigned and opened a car dealership, the police would give him convenience.

Similarly, the Transportation Department where Li Chao works has greater power.

Li Chao was immediately moved. The "half-share" was proof that Chen Guangliang recognized him, but he was not that kind of person.

"I'll start raising money tomorrow. Three to five hundred dollars shouldn't be a problem."

"Okay, then we'll discuss it later!"

Chen Guangliang knew that he had to seize the opportunity, otherwise it would be difficult to develop later.

Not to mention, there are less than 100 license plates in the entire concession, and the Traffic Department has only a hundred or so "petty cash reserves" at most, and the number that Li Chao can obtain for Changjiang Car Dealership is probably no more than .

Therefore, when Changjiang Car Dealership develops to a certain level, it can only obtain a license in the market or stop developing.

However, Chen Guangliang believes that the appreciation potential of a rickshaw license plate is around 1932 yuan (actually it was as high as 750 in ).

Therefore, sometimes buying a license is also a business that can be speculated.

After a while, Li Chao had dinner with Yang Xiuying at the Changjiang Car Dealership. The food cooked by Yang Xiuying was very clean and delicious.

But the surrounding environment is somewhat disgusting, and even Chen Guangliang can only say "there is nothing he can do".

After all, where else can you find such a cheap rent and such a spacious base?

three days later.

The 'C Project' IPO conference was held at the Changjiang Motors base.

There were more than forty rickshaw pullers who came to participate, all of whom were introduced.

At this time, the Changjiang Coach Company was also well-known among the rickshaw pullers, mainly because the company allowed "rickshaw pullers" to become shareholders, which made some rickshaw pullers envious.

Therefore, as soon as the IPO notice was issued, everyone came to participate.

At present, Chen Guangliang has obtained a total of 1000 oceans of funds in just five or six days by "absorbing idle funds from society", basically "catching all" the idle funds in Fangua Nong.

In addition, Li Chao also borrowed money from relatives, friends, colleagues, etc. to obtain 500 yuan in funds. After all, he himself came from a middle-class family.

Therefore, the scale of this round of "IPO" is 2400 yuan (in total), and the use plan is: purchase 8 regular licenses and purchase 12 rickshaws.

As usual, it was an exciting speech that aroused everyone's emotions.

"Investors in the first two rounds have already received significant returns. For example, those who invested thirty dollars in the first round have now received at least six dollars in return."

There was thunderous applause. This example was true and everyone had heard of it.

Chen Guangliang continued to mobilize everyone's emotions: "Think about it, everyone. When you pull a rickshaw, picking up passengers, and jogging on the streets of the concession, at this moment, you are no longer just a 'red man' or 'little red man' working for others, but one of the shareholders of this rickshaw. You are no longer working for others, but working for yourself. Are you happy?"

"Happy!"

"Happy!"

The noise was so loud that it attracted the surrounding residents to look in that direction.

The final IPO amount exceeded the budget again, so Chen Guangliang simply kicked out some of those who contributed less, and then controlled the number of rickshaw pullers participating in the investment to 36.

This way, there are just enough drivers for 12 carriages.

(End of this chapter)