Chapter 284: Fairness is the Foundation of Cooperation
Chapter 284: Fairness is the Foundation of Cooperation
After saying goodbye to Sang Weihong, Huang Xiaochuan hurried to the school gate, where Zhou Wei was waiting in his car. Fortunately, there weren't many people at the school gate at this time, and Huang Xiaochuan got into the car while no one was paying attention.
It's currently rush hour in Shanghai, and there are still many pedestrians and vehicles on the road. In addition, the city is under construction and development, with roads being repaired everywhere, so it takes a lot of time to get to the city.
The agreed time was 7 p.m. When Huang Xiaochuan arrived at the restaurant he had booked, it was still eight minutes to seven. Fortunately, he wasn't late. The key point was that Huang Xiaochuan was hosting the dinner that night, and it would be a bit unreasonable to be late when the host was treating.
When Huang Xiaochuan got out of the car, Huang Boyi and Nan Hui also arrived together in a taxi.
Upon seeing Huang Xiaochuan, Huang Boyi immediately stepped forward, took Huang Xiaochuan's hand, and warmly greeted him.
"Mr. Huang, long time no see! I heard you went to Hong Kong in January, why didn't you contact me?"
"Mr. Huang, you're too kind. My trip to Hong Kong was quite busy, and it was almost Chinese New Year. I was just thinking of going home as soon as I finished my business. I'll definitely bother you next time I go."
Then Huang Xiaochuan shook hands with Nan Hui and invited, "Alright, let's go inside and sit down to talk slowly! Let's not block the entrance to their shop."
After the three of them were seated in a refined and elegant private room by a waiter, Huang Xiaochuan politely asked, "Boss Huang, are you enjoying the local Shanghai cuisine?"
"To be honest, Mr. Huang, my grandmother is from Shanghai, and she's an excellent cook of Shanghai cuisine, which I really love!"
"Okay! Then I'll let the hotel handle the arrangements."
Huang Xiaochuan said to the waiter waiting in the private room, "Tell the boss to bring me a few of your signature dishes. He can arrange the menu; we'll eat whatever he brings."
"Yes, sir!" The waiter gave a slight bow and left.
After the waiter left, Huang Boyi began to persuade Huang Xiaochuan.
"Mr. Huang, to be honest, I came here specifically for you. People in mainland China always say, 'Time is money,' and I think that's absolutely true. Missing such a great opportunity would be a real shame! So I've come here sincerely to invite you to come out of retirement. We can discuss the terms, or you can name your terms, Mr. Huang. As long as we can meet them, it's not a problem."
Huang Boyi made his stance clear from the start, and he even seemed very anxious. In fact, this violated a taboo in business. When negotiating business, the person who is in a hurry usually makes concessions first. However, Huang Boyi had his reasons for doing this today.
Because what he wanted to get involved in wasn't an ordinary business, but a business worth hundreds of billions or even trillions in the future! This was indicated in a forecast report he specifically paid for from a relevant research institution, so it wasn't 100% certain! In addition, Huang Xiaochuan had analyzed the general development trend of real estate for him in the future, so Huang Boyi knew that this was an opportunity he couldn't miss.
Even if he only occupies a small part of it, his family's ancestral graves will still be emitting auspicious smoke.
However, doing it on your own and working with this young man in front of you will yield completely different results.
Huang Boyi's inexplicable trust in Huang Xiaochuan stemmed from his personal experience.
An investment of 500,000 yuan earned him ten times the return in a year. After just over a year of partnership, he had already earned the profits that a garment factory would take seven or eight years to make. This young man's business acumen, flexible and adaptable business methods, and amazing marketing strategies made Huang Boyi realize that there really are business geniuses in this world. He had only heard of them before, but now this person was right in front of him. If he missed this opportunity, he would never be able to face his ancestors again.
Huang Boyi, a native of Chaoshan, is a believer in mystical things like feng shui and destiny. Before coming here, he even went to Hong Kong and spent HK$100,000 to have a fortune teller consult a master. He also compared his name with Huang Xiaochuan's, and the result showed that Huang Xiaochuan was his benefactor.
So Huang Boyi made up his mind that this time he had to get on Huang Xiaochuan's bandwagon no matter what, even if he was just a small shareholder, as long as he could do business with him.
Huang Xiaochuan smiled but didn't say anything; he simply picked up his teacup and took a sip.
Huang Boyi gave Nan Hui a wink, and Nan Hui understood.
"Mr. Huang, Chairman Huang and I have the same idea. As long as you agree to let us do business with you, you can make any requests you have, and we will listen to you."
Huang Xiaochuan pondered this matter in his mind. From 1993 to 1997, China's real estate market began to be regulated. Because the economy developed too quickly, problems such as excessive fixed asset investment and real estate overheating emerged. The state introduced sixteen regulatory measures to carry out a large-scale cleanup and rectification of the real estate market. Except for Shenzhen, the real estate heat in the whole country dropped rapidly, especially on the islands, where commercial housing had been speculated to more than 8,000 yuan per square meter, while the average monthly salary was only three to five hundred yuan, which was seriously upside down.
The real estate market fully entered the marketization stage after 1998. At that time, the state carried out housing reform, selling the public housing owned by cadres and employees of enterprises and institutions at a discounted price to the cadres and employees living there, and completely abolishing the in-kind allocation of housing and implementing the monetization of housing allocation.
However, there was a loophole during this period, namely land. This is exactly what Li Ka-shing of Hong Kong did. He used his identity and funds to hoard a large amount of land in mainland China, and then resold it after several years, making a fortune. What's most infuriating is that some of the money used to buy land was actually low-interest loans borrowed from mainland banks by mortgaging the land.
That little bit of interest is nothing compared to the profits gained from the skyrocketing land prices, but you have to admire the old man's business acumen; he's shrewd to the core.
Given this, Huang Xiaochuan decided that if he were to enter the real estate industry, he would start by buying land. He knew that land prices in mainland cities were incredibly low these days. For example, in 1993, Cheung Kong Holdings invested HK$300 million to build a super-large commercial project in a sub-provincial coastal city in the north.
This includes all the costs of buying the land and completing the construction, totaling HK$300 million, which Huang Xiaochuan can now figure out by finding a way.
Just as Huang Xiaochuan was pondering this matter, several waiters came in and started serving dishes. Soon, seven or eight dishes were placed on the table.
The waiter was about to pour some drinks when Nan Hui persuaded him to leave.
"Young lady, you go ahead and do your work. We'll handle it ourselves. I'll call you if I need anything. Don't let anyone in unless it's absolutely necessary. Thank you!"
The waiter was happy to have some free time and went out cheerfully.
Nan Hui temporarily played the role of a waitress, pouring wine into the glasses in front of Huang Xiaochuan and Huang Boyi. Of course, Nan Hui herself didn't miss out either.
After the wine was poured, Huang Xiaochuan smiled and said, "Let's eat first and chat while we eat."
Huang Boyi knew that Huang Xiaochuan needed time to consider this matter, so he patiently began to savor the food. Although the matter was still unresolved and he found the food somewhat tasteless, he still kept praising the local cuisine as delicious.
After several rounds of drinks and dishes, seeing that Huang Xiaochuan still hadn't made a move, Huang Boyi gritted his teeth and said, "Mr. Huang, I swear here on the name of my ancestors in the Huang family ancestral hall that I will follow your lead from now on, hoping that you can lead us to do great things!"
After saying that, he filled his small bowl with wine and then drank it all in one gulp.
Nan Hui also learned it from Huang Boyi.
It seems these two are determined. They've even brought out the ancestral hall.
Huang Xiaochuan touched his nose, looking troubled: "Are you two trying to put me in a difficult position?"
The two hurriedly waved their hands, saying, "No, no! We absolutely didn't mean that."
Huang Xiaochuan touched the teacup in front of him: "Let me make this clear from the start: you can partner with me in business, but I have my rules. If you can't accept my rules, then we can at least maintain good relations even if the deal falls through."
Huang Boyi and Nan Hui quickly stated, "Since we are following Mr. Huang, we will naturally follow Mr. Huang's rules."
"You two must already have a plan for the distribution of company shares, right? Tell me about it?"
Huang Boyi and Nan Hui exchanged glances. Huang Boyi said, "Miss Nan, why don't you talk to Mr. Huang?"
Nan Hui sat up straight and faced Huang Xiaochuan, saying, "I've discussed it with Chairman Huang. For the real estate company that will be established in the future, Mr. Huang, you will hold 80% of the shares, Chairman Huang will hold 15%, and I will hold 5%. As for how much each person will actually invest, we will need to hear your opinion, Mr. Huang."
Huang Xiaochuan asked, "How much do you two actually plan to invest?"
Nan Hui looked at Huang Boyi, who said, "I will invest 15 million Hong Kong dollars."
Nan Hui then said, "I will invest five million Hong Kong dollars."
Huang Xiaochuan was a little confused. According to this ratio, wouldn't he have to invest 80 million Hong Kong dollars? It wasn't that he couldn't afford it, but he was currently investing in the Hang Seng Index and couldn't withdraw the money for the time being. The only money he could use was the more than four million US dollars in his personal account at HSBC, or the funds he had placed with Ding Yi.
Seeing Huang Xiaochuan's reaction, the two worried that he might misunderstand, so Huang Boyi quickly explained.
"Mr. Huang, please don't misunderstand. It's like this: I've discussed it with Ms. Nan, and we don't need you to contribute the actual amount proportionally. You only need to contribute a symbolic amount."
Huang Xiaochuan was convinced that either the person offering such conditions was out of their mind or had ulterior motives. Judging from these two people, they were definitely not out of their minds, so they must have ulterior motives.
Huang Xiaochuan isn't afraid of his partners having ambitions, but the foundation of cooperation should be as fair as possible. He will definitely take the lion's share, but there's no need for him to take that much.
Huang Xiaochuan thought for a moment and said, "How about this? I'll invest four million US dollars, which, according to yesterday's exchange rate, is about thirty million Hong Kong dollars. According to your calculations, plus my contribution, that's 80% of the shares! I'll invest fifteen million Hong Kong dollars, taking a 13% stake. Considering that Sister Nan will be the legal representative and general manager of this company in the future, let's say Sister Nan actually invests five million Hong Kong dollars, taking a 7% stake!"
"However, there is one more condition: my shares are non-dilutable, and the financial staff will be dispatched by me. The company will be audited twice a year by the Big Four accounting firms, and will also be subject to my random checks during this period. If you can accept this, then we will arrange for a lawyer to draft an equity distribution agreement."
The two quickly nodded in agreement. Although the conditions seemed harsh, they were perfect for Huang Boyi and Nan Hui, as they received much more shares than they had originally envisioned.
The three agreed that Huang Boyi and Nan Hui would begin preliminary preparations starting tomorrow to register the company as soon as possible.
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