Chapter 204: Selling the Factory [3rd Update, Request for Official Subscription]
"No, no, let's keep talking, keep talking. But the problem is, for this new production line, I've really put everything I own on the line," Cao Dapeng hurriedly stopped Ge Dongxu from leaving.
"It's not that exaggerated. Over the past year, especially since May, you must have made quite a bit of money from us. Just one production line, it's too much to say you've wagered everything on it. Here's the thing, let me be honest with you, we're planning to invest in the printing and packaging industry ourselves. We've been looking for factory facilities and equipment recently. Since you think the new line will go to waste without our Qinghe Herbal Tea business, if you're willing to sell it to us at seventy percent of the cost, I might consider buying it," Ge Dongxu said indifferently.
This time, Cao Dapeng didn't panic or respond immediately; instead, he sat back down, took out a cigarette, lit it, and started smoking heavily.
Now he fully understood that this high school student was easy to talk to when he wasn't angry, just like that day on the airplane when he asked him to give up his seat, and he did so immediately, without any pretense. But once he managed to anger him, then there was no way a simple bout of crying would suffice to fool him. And once he started to retaliate, it would be one thing after another, absolutely cunning and ruthless.
Indeed, just because of that incident on the airplane, not only did he take harsh revenge on Cao Dapeng, but he also managed to benefit by acquiring new equipment at a low price.
But Cao Dapeng had no choice but to respond because if he missed this opportunity, it would be hard to find another one!
"Is Qinghe Herbal Tea really planning to invest in the printing and packaging industry?" After a long time, Cao Dapeng pressed his cigarette fiercely into the ashtray, looked up with somewhat reddened eyes, and asked Ge Dongxu.
"Yes," Ge Dongxu replied.
"Then can I package the entire factory, sell it at a low price, and convert it into shares?" Cao Dapeng asked, his reddened eyes filled with a hint of hope.
He had thought a lot just now. Thinking of the rise of Qinghe Herbal Tea and Donglin Yue, he was very certain that this young man in front of him was definitely a business genius. As long as he followed him, even if he sold the factory cheaply to buy into the shares, he would definitely make a fortune in the future.
"No," Ge Dongxu shook his head firmly in response.
Cao Dapeng had confidence in him, but Ge Dongxu also had confidence in himself. He wouldn't leave a money-making opportunity to someone who had insulted Yuan Li and had questionable character.
The look of hope in Cao Dapeng's eyes dimmed immediately; it took him a while to say, "Buying the factory, installing machines, and hiring technical staff will undoubtedly consume a lot of time, effort, and, of course, money. How about this, I'll sell you the entire factory, but you have to buy the new production line at the original price."
"You want to sell the entire factory?" Ge Dongxu's eyes slightly lit up at the mention.
"To be honest, ever since the financial crisis in Asia, the printing and packaging business hasn't been good. If it weren't for your Qinghe Herbal Tea business supporting it, I might have already been at a loss. Now that you're planning to stop cooperating with me, I'm really considering pulling out of this industry," Cao Dapeng lamented as he relit a cigarette.
"Since that's the case, I'll let Uncle Cheng discuss the details and the price with you. Let's close the chapter on the incident on the airplane, but let me advise you, Mr. Cao, don't ever act like that again, or sooner or later disaster will strike. That's all I have to say, goodbye," Ge Dongxu nodded, then stood up and left the seat.
This time, Cao Dapeng didn't stop Ge Dongxu; he just watched him leave and sat back down slowly after a long while.
Enjoy exclusive chapters from My Virtual Library Empire
Once he was out of the private room, Lin Jinnuo was already waiting for him in the lobby. Seeing him come out, she quickly stood up to greet him.
"I've booked a private room, shall we..." Lin Jinnuo said.
"We're not eating dinner this late at night, so let's just sit by the window there and talk," Ge Dongxu pointed to an elegant seat by the window in the hall and smiled.
"Sounds good." At this point, there were hardly any people dining in the hotel lobby, which was quite peaceful, so Lin Jinnuo didn't object.
"About the new hotel?" Ge Dongxu asked bluntly after sitting down.
Every day on his way home, he would pass by the hotel Lin Jinnuo was building, which had been partially halted for some time.
"Yes, there's a budget issue, plus an investor pulled out, leading to financial chain problems. So, I was hoping to borrow some funds from you, you can set the interest," Lin Jinnuo said, embarrassedly touching his belly.
"Why wouldn't the bank lend to you?" Ge Dongxu asked, frowning slightly.
"They refused to lend anymore. Don't be fooled by my appearance; I actually owe a lot of debt to the bank. The Jinhui Hotel we're currently constructing had already borrowed from the bank, and now there's a significant shortfall. Lin Kun can't pull much money from his side, and the banks are too scared to take this risk. I should have listened to your advice and not invested in building a hotel. Now I'm stuck between a rock and a hard place," Lin Jinnuo said with a bitter smile.
"It's not that bad. I just felt that you were over-constructing and the investment was too large with a slow cost recovery. I didn't have much cash on hand at the time, so I didn't want to invest. However, hotels have their benefits. Once it's built, money will just come in. But regarding the loan, I'm not a banker, and I don't deal with loans. I'll accompany you to see President Yuan, and I'll vouch for you," Ge Dongxu said with a smile.
"That's very kind of you. With your guarantee, borrowing a hundred million wouldn't be a problem," Lin Jinnuo said with a great joy.
"Old Lin, don't tell me you want to borrow a hundred million; I wouldn't be up for that," Ge Dongxu joked.
"Of course not, of course not, just around ten million," Lin Jinnuo said hurriedly.
"Haha, then there's no problem. If you can't pay it back, I'll just deduct it from Lin Kun's money. By next year, his net worth will definitely be over ten million," Ge Dongxu laughed.
"If you count the brand value, this young fellow is already worth over ten million now. These days, he hasn't stopped showing off in front of me. Luckily, you're there to keep him in check, otherwise, his tail would be up in the sky," Lin Jinnuo said as Ge Dongxu mentioned Lin Kun, his words filled with helplessness. However, from his tone and expression, it was obvious that he was actually very pleased and proud, and he felt deeply grateful to Ge Dongxu.
"Haha, Lin Kun does have real skills. Right now, he's mainly handling our Kunting chain of budget franchise hotels. I estimate that by the second half of next year, once we have more chain stores and achieve scale, this sector should really start to perform," Ge Dongxu laughed.
"Haha, all thanks to your excellent guidance, Dongxu!" Lin Jinnuo said happily.
"Then tomorrow noon, I'll make some time and meet in President Yuan's office," Ge Dongxu said, slightly stunned upon hearing this, then he chuckled and touched his nose, finding the comment a bit awkward.
He was not Lin Kun's father after all; he was just a high school student!
"Alright, I won't say more thanks, I'll keep everything in mind," Lin Jinnuo said appreciatively, not sensing anything off about his previous remark.