Transmigrating to Book 50, others hoard rice, I hoard money
Chapter 584 Do you want to go public?
After discussing the investment, Zhou Rong suggested that Xu Hanhua donate 100 million yuan to the country's Hope Project in the name of the real estate company.
They made so much money on Qiongdao Island and "escaped successfully". If they don't do some charity work, they will be liquidated...
Xu Hanhua agreed with Zhou Rong's suggestion about donating money. They made a lot of money in Qiongdao, but many people were heavily in debt. It would be unjustifiable not to do some charity.
Using 100 million to gain a good reputation for the company and help people in need is simply the best of both worlds.
When the "Hope Project" learned that Xu Hanhua's real estate company was going to donate 100 million yuan, in order to set a positive example for other companies to follow suit, it held a grand donation ceremony, invited reporters to interview, and publicized it in newspapers, radio, and television.
Xu Hanhua soon became a private entrepreneur who cared about the country and the people, and was loving, responsible, and had a sense of social responsibility. He and his real estate company made headlines every few days.
Even his family members became celebrities.
Xu Ce and his father and mother were not only complimented by their neighbors, but also interviewed by reporters.
Xu Hanhua did not inform his family in advance about his donation, and Xu Ce and his family only found out about it after watching the news on TV.
When interviewed by reporters, Xu Ce and his family said that they did not know that Xu Hanhua was going to donate money, but they strongly supported Xu Hanhua in contributing to the country and the people. They also said that if there is an opportunity in the future, their family will continue to donate money.
This statement once again raised the image of the Xu family. Everyone praised their good family tradition, which was why they were able to raise such an outstanding descendant like Xu Hanhua. The family will surely prosper forever...
A capital tycoon saw the potential of Xu Hanhua's real estate company and wanted to invest in it. He also said that he could take the company public in the shortest time possible, making the company famous overseas and earning more profits.
Xu Hanhua did not rush to express his opinion. He told the company's major shareholder Zhou Rong about the proposal and asked for her opinion.
Zhou Rong asked Xu Hanhua: "Do you want to go public?"
Although going public can quickly raise funds, increase visibility and credibility, it also means that equity is diluted, management costs increase, and there is also the risk of a hostile takeover.
Every time there is a stock market crash, a large number of companies change owners. Xu Hanhua doesn't want the company he founded with great effort to become someone else's.
He answered without hesitation: "No, there is no need. Our company is not short of money, so there is no need for outsiders to interfere in the company's decision-making and finances."
Zhou Rong: "I have the same idea as you. I don't want outsiders to interfere in the company. I don't think there is any good in going public.
Once the company goes public, we are equivalent to working for all shareholders. We have to worry about the fluctuation of stock prices and quarterly financial reports. This has a huge impact on our decision-making and concentration. We are easily exhausted and die early.
We will develop in a low-key manner, and do as much as we can with the money we have. As long as we don’t expand blindly, the company’s existing assets will be enough to support us for several generations.”
Xu Hanhua: "What Aunt Rong said makes sense. I haven't been with my family for a long time. My wife and children are dissatisfied. I'm busy with various projects and often have to accompany drinking and socializing. I feel that my health is not as good as before.
I want to slow down the company's development and take some time off."
Zhou Rong: "No problem. Good health is the foundation of everything. Go home and have a good rest. Leave the company's affairs to the people below. If there is anything difficult to handle, feel free to call me and we will discuss a solution together."
Xu Hanhua: "Okay, thank you."
Zhou Rong: "The bursting of the Qiongdao real estate bubble will affect the domestic real estate market. In the next few years, except for cities like Pengcheng and Shanghai, real estate prices in other regions will be sluggish.
If someone wants you to invest, choose only big cities and try to manage only one project at a time to avoid prolonging the battle line, tightening cash flow, and suffering yourself."
Xu Hanhua: "I understand. I will discuss with Aunt Rong first what projects to develop."
Zhou Rong: "Okay."
After Xu Hanhua and his real estate company became famous, leaders of many cities wanted to invite him to invest and were willing to offer preferential policies.
The Jiangcheng government also extended an investment invitation to Xu Hanhua.
Xu Hanhua had just returned to Hong Kong and had not even had two good nights of sleep when he received several calls from his secretary asking him how to respond to the government.
For those small cities, Xu Hanhua directly asked his secretary to find a way to deal with them. He said that he could consider buying land in several big cities, but when the projects would start would depend on market feedback.
In Jiangcheng, Xu Hanhua also plans to build a residential area and several office buildings.
Xu Hanhua told Zhou Rong about his plan.
Zhou Rong agreed and asked him to take some time to go to Jiangcheng to buy some land, so that he could complete the design and start construction before the new year.
There have been many laid-off workers in Jiangcheng in recent years. Buying land and building real estate can increase local fiscal revenue and employment opportunities. It is time for them to make some contributions to their hometown...
The functions and quality of "Fanshuo Technology"'s pagers and mobile phones far exceed those of competing products. The market response was enthusiastic, bringing huge profits to the company. This year's profits have more than doubled compared to last year.
Most of the fund company's funds were invested in the stock market, Fanshuo Technology and Shanghai Real Estate. Less investment was made in Qiongdao Real Estate Project, but it was enough for all investors to make a fortune.
The fund company's overall rate of return this year is 536%. After hearing this data at the reunion dinner on February 94, 2 (the 4th day of the twelfth lunar month), everyone applauded continuously to express their joy.
Those who were reluctant to buy a mobile phone last year, almost all went to Zhou Rong and Xu Hanhua to withdraw money to buy one after the yield rate was announced.
People like Xu Hanqi and Zhou Jiaguang, who had no shortage of money, not only did not withdraw the money, but also expressed their intention to make additional investments.
Zhou Rong once again emphasized that investment is risky and the company does not promise to "repay the principal and interest". Those who are not afraid of losing money can make additional investments. If they are worried about losses, they can deposit the money in the bank or withdraw part of the profits.
She didn't want to damage the harmony among relatives because of money.
Those who wanted to invest more said that they would never blame her or the company if they lost money, so Zhou Rong said no more.
Some people who don’t have a lot of money are worried that the returns next year will not be ideal, so they take out part of the returns, thinking that if the returns decline, they will not lose money. After all, they have already recovered their investment with the high returns in these years...
Of the 5 yuan that Zhou Cai gave Wu Yuezhu for renovation, she only used more than 2 yuan. The rest of the money, including the red envelopes she received at her wedding and the dowry from her parents' home, was given to Zhou Rong for investment.
A return of 536% increased her assets to more than 30 yuan.
Wu Yuezhu was worried that future profits would decrease and that he would lose his original capital, and he also wanted to repay his parents and in-laws, so he withdrew 10 yuan, returned 5 yuan to Zhou Cai, and bought some gifts for Zhou Cai, Tian Huizhen, Jiang Linhai and others to express his gratitude.
After discussing with Jiang Jiaxin, Wu Yuezhu sent 3 yuan to her parents to thank them for raising her.
She plans to deposit the remaining money into the bank to deal with emergencies...
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