Starting out as a drug dealer in 1988
Chapter 517: Sensation in the Province
Wang Xinyong knew that Zhao Wenhao was rich. When Hengyuan Electronics was listed on Hong Kong Island, its initial market value reached more than 400 billion.
Even though the stock price has fallen sharply due to macro-environmental factors, its market value is still around 300 billion.
According to this calculation, Zhao Wenhao owns 30% of the shares (originally 35%, later reduced by 5%), which is worth nearly billion yuan.
The problem is that that's the company's valuation, and it's probably not that easy to cash out, especially now that we're facing the Asian financial crisis.
At this critical juncture, can Zhao Wenhao really come up with 1 billion yuan to invest to help build his hometown?
Wang Xinyong had to question it.
However, the project could not be launched, and as a result, it ran out of funds halfway through and became an unfinished project.
If that really happens, Ping'an County will become a big joke.
He certainly didn't know that Zhao Wenhao had directly earned over $200 billion over the past six months. If he knew, he would probably want to skin Zhao Wenhao alive.
"Secretary Wang, County Magistrate Chen, don't worry about the funding issue. I will take care of it myself," Zhao Wenhao said calmly and confidently. "If the project is approved, I will raise at least 10 billion yuan and place it in a special account."
"Really?" Wang Xinyong was shocked and still found it unbelievable.
10 billion yuan. In recent years, Ping'an County has not received much investment, not to mention 10 billion yuan. There are not many investments that can exceed 500 million yuan.
The county's annual GDP has just reached 1 million yuan.
If there is really an investment of 10 billion yuan, it will leverage even more corresponding funds.
This will surely be the best development opportunity in Ping'an County's history, and once missed, it will no longer exist.
Seeing Wang Xinyong's expression, Zhao Wenhao smiled slightly, then nodded confidently and said, "Secretary Wang, we have been dealing with each other for several years. I believe you are familiar with my character. Since I am willing to do this, I will not regret it."
"Good, good, good!"
Wang Xinyong was ecstatic and said "good" three times in a row.
They came here today with the hope that Zhao Wenhao would invest in Ping'an County.
In his opinion, considering the long-term relationship between the two parties and the local sentiments, Zhao Wenhao would eventually show some expression.
Previously, although Zhao Wenhao did not agree to invest, he did offer a suggestion and was willing to act as a matchmaker to help some county companies transform into supporting businesses.
In this way, his goal for today has been achieved.
But just when he thought that today would be the end, Zhao Wenhao gave him a big surprise. This made Wang Xinyong feel that happiness came too suddenly and it felt unreal.
"Secretary Wang, County Magistrate Chen, this is just an idea for now. If we want to make this project a success, I'm afraid a lot of preparatory work is still needed in the early stages.
Moreover, such a project is not something we can just start on a whim.
In addition, I personally have no experience in tourism management. If we want to achieve our goals, we need to bring in new investors to implement it together.”
Zhao Wenhao immediately interrupted Wang Xinyong's beautiful fantasy and brought him back to reality.
In fact, such a project would take at least two years just for construction, not to mention the early stages of planning and design.
In addition, if there is no knowledgeable management team to run the project, problems will arise sooner or later.
Zhao Wenhao was willing to invest such a large amount of money because he hoped to boost the economic development of the entire county through such a project. If he really wanted to gain fame, he could have done other charitable work instead of going through such a long-term project.
"Director Zhao, to be honest, we're very excited about an investment of this scale." Wang Xinyong finally suppressed his excitement and calmed down. "This is a huge matter. It even affects the well-being of Ping'an County for the next ten or even twenty years. We need to discuss it and come up with a feasible plan."
"I understand. I completely understand." Zhao Wenhao smiled and nodded, saying, "If you give me an answer right now and let me do this project, to be honest, I wouldn't dare to do it."
"Yes, since we're going to do it, of course we need to discuss it with multiple parties. Also, although the provincial highway has been approved, we still need to confirm the final route."
Wang Xinyong calmed down and finally stood up. "Director Zhao, we've received a lot of information today. We need to go back and digest it. Thank you for your care for Ping'an County."
"Secretary Wang, you're too polite. I'm also from Ping'an County. It's my responsibility to do my part within my ability." Zhao Wenhao responded modestly.
At this time, Chen Ping also came over, and the three of them said goodbye.
The next day, according to the normal schedule, Zhao Wenhao took Yang Yue and his daughter back to Xuanzhou.
Originally, he wanted his mother Wei Chunlan to go with him, but Wei Chunlan considered that Zhao Aiguo had no one to take care of him at home, so she chose to stay in her hometown.
Anyway, Yang Yue had no plans to go to work for the time being, so it wouldn't be a big problem for her to take care of the child alone. Therefore, Zhao Wenhao didn't force her.
On the day he returned to Xuanzhou, the entire Dingzhou city was in chaos.
"Are you sure Zhao Wenhao wants to invest 10 billion to build a scenic spot?"
"Secretary Zheng, it's absolutely true! County Magistrate Chen and I were there at the time, and he took the initiative to propose this idea."
"You didn't come up with a draft agreement on the spot? What if he changes his mind?"
"No, as long as the follow-up matters are handled properly, Zhao Wenhao will not regret it. I have been dealing with him for three or four years, and I know him quite well."
"The longer the night, the more dreams there are!"
......
"What? Zhao Wenhao is investing 10 billion to build a scenic spot in his hometown? Are you sure it's the Zhao Wenhao from Hengyuan Electronics?"
"The news came from the Ping'an County Government. I specifically asked someone to confirm it, and it's definitely correct."
"How could he, a home appliance manufacturer, think of getting involved in the tourism industry?"
"It is said that it is to help the development of the hometown. But whether there are other specific ideas is still unknown."
"One billion, if this really comes to fruition, it would be the largest investment Huining Province has made in recent years, right? He actually wants to go into the tourism industry, which is incredible!"
"Boss Yang, this is our strong point. I think it's necessary to contact Zhao Wenhao. If possible, we can hitch a ride and work together."
"Of course we have to fight for a project like this, and our Huining Cultural Tourism Group is the perfect choice!"
"But we've never had any contact with Hengyuan Electronics. If we rush over there rashly, I'm afraid..."
"Don't worry, I'll go to the provincial government to find some connections. As far as I know, Zhao Wenhao is quite close to Vice Governor Zhou."
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