After all, in the next 30 years at least, a company like Yida will not lose money, and may even make money. This is the current situation in China. There will be no downward fluctuations in the housing market in the short term. So as long as it is a matter of money and within one's ability to bear, no matter what Lao Wang asks for, there will be no problem.

"My dad is most likely looking for you to invest. He doesn't want to borrow money from the bank, so he thought of coming to you. You should be careful." Wang Cong came to Qin Yu. He knew his father very well. Although he is so successful now, there is actually a big gap in funds. If it weren't for the bank loan and my mother's financial support, there would be problems. He also explained the news about Qin Yu to Lao Wang, probably thinking of asking Qin Yu's family to lend him some money to help him out in an emergency.

Qin Yu knew that it was Wang Cong who leaked his information. With Old Wang's strength, he was able to find out some of his situations in the bank, so he was not surprised. Now that he could get in touch with Old Wang, many things would be much easier to handle in the future. Once he became a director, his identity in the business field would undergo a qualitative leap, and on some levels he would be on the same level as the older generation of businessmen.

"I have another idea. I want to set up a strong e-sports team and create a club, but it is difficult for me to support it alone. It would be possible if it relies on National Treasure TV, but I want to set up one independently." Wang Cong felt a little embarrassed as he spoke. His father just wanted to borrow money, and now he came again, which made him feel a little embarrassed.

"Wait a few days. You have to get Guobao TV up and running first. This thing is still very expensive. You know it yourself. Buying a spot in the LPL costs at least 1 million RMB. Signing a few stronger players and all the other expenses add up to tens of millions a year. Domestic teams, except for the Big Three, are basically losing money."

"Under this situation, you have to operate Guobao TV first. After that, I will arrange for Afreeca Group to enter China, merge the other two companies into my Renhuang Capital, and then find a way to turn you into two or three companies. I have to complete all of this before 16, otherwise if Penguin takes action, we will have no chance."

"After all, you are very clear about the size of Xiao Ma Ge. If that time comes, we may not be his opponent, so you can put this idea aside. We were established in 16, so it is still in time."

As a second-generation person, Qin Yu is very clear about Wang Cong's current situation. He still values ​​the e-sports circle. Although IG produced a world champion in the future, it collapsed due to various problems afterwards.

An individual rich second-generation cannot afford to burn as much capital as South Korea. That's why in the later period of his previous life, LPL could not defeat the South Korean team in the S game. But if it really came to a competition of capital, he would be fully capable. It's just that he was not optimistic about this sector in his previous life. Even though he liked playing games in his previous life, the results he could achieve were really limited.

Moreover, the rule makers basically come from overseas and are subject to too many restrictions, which is what he hates. Unless he has the ability to become a rule maker in the future, China will be able to compete with Western capital in certain aspects, but all this takes time.

When he first became rich, he thought about spending money, but now he has changed his mind. Since he has the ability, he might as well do more things, invade the Western capital market, and redefine the rules. Although it may not be successful, it may be feasible.

Wang Cong’s e-sports plan is indeed the easiest to get into, but also the easiest to be ignored by them.

"Okay, I have this plan too, but it's really too difficult for me to come up with tens of millions, or even a small goal. Just hearing your words will do."

Wang Cong heaved a sigh of relief. He had returned from studying abroad and had a more accurate view of some things. He knew that the second generation of rich people could still play in professional e-sports competitions, but in the future they would need capital, just like the sports team. However, he did not have such strong capital. His father was playing a certain ball that was ranked last in the world and it cost a huge amount every year, and he did not know how to share some with him. Therefore, he could only find Qin Yu, a ready-made golden thigh. As long as he joined, he would have the capital to compete with the world's top capital in the future. He must prove to his father that everything he did was worth it.

"Xiao Yu, can I call you that? I've already told you over the phone that our team will leave tonight. In addition to a Class B armored vehicle, you need to buy the rest of the cars for daily use. I recommend buying an Audi A6, which is relatively suitable for people of our class. In addition, the production of this car is large enough in our country. Basically, if you buy it today, you will have it tomorrow. Seven or eight cars will only cost about 200 million RMB, which is not a big expense."

"What I want to say now is that I know a little about you. I also know that your current bank deposits and cash flow are among the highest in the country. I think you also know about Yida Group. Although I appear to be the richest man on the surface, it is nothing to a family of your level."

"But real estate is still one of the most important economic pillars of China. It can be said that 70% of the wealth of normal people is concentrated in real estate. If there is a fluctuation in real estate, it will lead to a series of problems. Yida has invested too much in this area, causing the economy to lag behind. I wonder if you can explain the situation to the elders at home. I want to talk about investment issues."

"Uncle is right. Real estate is indeed a top priority. But I don't think it's necessary to let the elders know about these little things. As the only heir and the direct representative to the outside world, you can explain it to me directly. If it doesn't exceed 300 billion, I can make the decision directly. If it exceeds 300 billion, I need to send a letter back to get their opinions."

"I just don't know, Uncle Wang, how much exactly do you need? And what do you want in exchange?"

Qin Yu thought about it, his identity had already been packaged here, so he might as well just continue to use it and deal with it when the day really comes. As for the money, he was not worried at all. With 70 billion RMB a day, there were probably not many people in the world who could make him bankrupt. What he cared about was what benefits he could get from Yida. After all, this was a piece of fat meat.

"For Yida Cinema, Yida Plaza and part of Yida's shares, I need 200 billion RMB, and that's just for the early stages. I may need another 100 billion RMB in the later stages."

"300 billion. Give me half a month. No... I'll give you a definite answer within a week. After all, I still need to talk to Mr. Zheng. What do you think, Uncle Wang?"

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like