Cherreads

Chapter 142 - Chapter 142: A Multi-Billion Dollar Deal, Poaching Talent!

"Okay, then I'll trouble senior sister!"

With the detailed information, Wang Yi could also determine whether to bid for that industrial park.

If he were to bid, he would have to plan out at what point to give up raising the price.

Military training ends tomorrow, so the day after tomorrow would be a good time to go see the industrial park recommended by the agent and compare them.

A big deal worth hundreds of millions cannot be reckless.

"It's no trouble at all, not at all, hehe."

Jian Ziyan laughed lightheartedly.

But their relationship had changed; knowing Wang Yi's identity, Jian Ziyan clearly showed more respect, and also a slight distance.

As a lawyer, Jian Ziyan had a more rational way of thinking, naturally understanding what social strata were and what it meant to be well-matched.

Before, she had even thought about interacting more with Wang Yi, and if they liked each other, a relationship would be nice.

But now, Jian Ziyan only felt that the gap between them was too vast, like the difference between clouds and mud.

Her mood for the latter half of the walk became suppressed.

After walking for a while longer, Wang Yi, feeling a lack of interest, said,

"Senior sister, we've reached the dorm building."

"Okay, then, Boss Wang... Junior, bye."

"Bye!"

Wang Yi waved his hand and turned to leave.

Jian Ziyan also turned around, but stopped after only two steps.

Turning her head, she watched Wang Yi's figure disappear around the corner before sighing:

"Who made you so outstanding? I'm not good enough for you anymore! Ah!"

The evening breeze in September was hot, but Jian Ziyan felt a slight sting in her nose.

As a campus beauty of her department and a Beihang University academic ace, she was independent and ambitious, self-respecting, driven, and elegant, never feeling unworthy of anyone.

But facing Wang Yi's true identity, Jian Ziyan instantly felt a profound sense of powerlessness.

She wasn't the kind of girl who, in her twenties, would still be daydreaming...

Back in the dorm, Wang Yi frowned slightly:

"Did I forget something?"

A flash of inspiration struck Wang Yi, and he suddenly remembered the matter of investing in Wenxuan Middle School's new campus!

His funds were limited before, and Wang Yi hadn't yet looked at Xu Mingda's financing proposal.

Now that funds were ample, he could completely go through with it.

Wang Yi opened his bag, pulled out Xu Mingda's proposal, and read it carefully.

It was exactly as Wang Yi remembered.

The new campus was located in the far eastern suburbs of Dadongjiao, past the East Ring Expressway and even further east, almost reaching Qiuyun Garment Factory!

The project planned for approximately 400 mu of land, with a total construction area of about 350,000 square meters.

A boarding school integrating junior high and high school!

The junior high section used 150 mu of land, with 80 classes of 50 students each, planning to enroll 4,000 students.

The high school section used 210 mu, with 100 classes of 50 students each, planning to enroll 5,000 students.

Talent apartments occupied 50 mu, with 500 units of talent apartments built for faculty and staff.

There was no other way; the new campus was too remote, and being a boarding school, it wasn't realistic for teachers to go home, so they could only live and eat at school.

Such teachers worked very hard, especially homeroom teachers, who would get up at six in the morning to supervise morning reading and exercises, only returning to their apartments after ten at night...

They left early and returned late every day, not caring if their rooms faced the sun, as they wouldn't see it anyway!

As a private school, Wenxuan Middle School's ability to rank among the top few in the city was achieved by teachers and students working hard together.

Wang Yi had no objections to the plans for apartments, classes, and so on.

They were all well-planned by the school and very reasonable.

Then, Wang Yi turned to the key point: a total investment of 700 million!

Wenxuan School invested 300 million.

Lidong District Management Committee invested 200 million.

Xu Mingda invested 70 million.

Zhao Jixian invested 20 million.

Lin Hong invested 10 million.

Still short of 100 million.

Wang Yi fell into thought.

Investing 100 million would give him a 14.29% stake, making him the third largest shareholder!

And the largest individual shareholder!

Was this deal worth it?

If he weren't building residential communities, Wang Yi probably wouldn't invest this much; at most, he would invest a few tens of millions and that would be it.

But considering that the High-tech Zone Management Committee gave him 1,000 mu of residential land to build three communities, which would then be branded with Wenxuan's name and turned into school district housing, he could earn an additional 6 billion!

It was still very cost-effective!

As for relying on employees from Meiyou and Inspur and others who valued their children's education to turn an ordinary school into a famous one, there was a great deal of hope for this, but it would take time.

In his previous life, it was after 2018 that the surrounding communities were handed over and occupied, and it took another two or three years for that ordinary school to become a famous one!

By then, Wang Yi's houses would have long been sold out, and he couldn't wait.

Therefore, to sell them as school district housing and earn an extra 6 billion, he could only sign with Wenxuan Middle School Education Group!

And he also had to become a major shareholder!

If he only invested a few tens of millions and became a minor shareholder, he wouldn't have enough influence, and it would be difficult to turn those three campuses into Wenxuan school district housing.

What Wang Yi wanted was not a nominal, fake education group, but a genuine, substantial school district housing education group.

After all, most of the future owners who bought into his three communities would be Meiyou employees, Inspur employees, Science and Technology Innovation Park employees, and so on...

Wang Yi couldn't even exploit his own employees!

For 6 billion, this 100 million was worth investing!

Moreover, once he became Wenxuan Middle School's third largest shareholder and the largest individual shareholder, there would be many benefits.

Besides the annual guaranteed admission slots, he could also join the board of directors and participate in Wenxuan's major decision-making.

Furthermore, a prestigious private school like Wenxuan Middle School would be profitable after opening, and as the third largest shareholder, Wang Yi would receive tens of millions in dividends every year!

And a few years later, as Wenxuan Middle School grew and tuition fees increased, this dividend amount would continue to rise!

In just a few years, this 100 million investment would be fully recouped.

And the dividends would be continuous, coming in every year.

It was a highly profitable venture!

This deal was worthwhile.

With this in mind, Wang Yi left his dorm, went to the stairwell in the corner, and dialed Xu Mingda's number:

"Chairman Xu, are you asleep?"

"Boss Wang!"

Xu Mingda instantly became excited:

"Not asleep, not asleep, wide awake!"

He had been waiting for Wang Yi's reply, anticipating Wang Yi's investment.

But Wang Yi hadn't replied, and Xu Mingda didn't dare to ask.

He even thought Wang Yi didn't want to invest, and thus implicitly refused by not replying.

Unexpectedly, just as he was despairing, Wang Yi called again:

"Don't even mention it, I've been busy with military training and all sorts of things lately, haven't had a chance to reply to you."

"It's fine, it's fine, Boss Wang, with our relationship, anything's negotiable. You just keep busy, hahaha."

Xu Mingda chuckled.

This matter was settled.

"I've read the proposal; it's still short of 100 million in funds, which I can invest. However, I have a request: in a few years, I might develop a few residential communities. The supporting schools built then will be named after Wenxuan Middle School, Wenxuan will send teachers over, and the Wenxuan model will be adopted."

"So, to turn them into Wenxuan school district housing, right?"

Xu Mingda understood:

"No problem, absolutely no problem with that!"

He's investing 100 million, holding nearly 15% of the shares, a definite major shareholder.

What's this small request?

Let alone him, even Wenxuan's principal wouldn't refuse, nor would anyone else.

More importantly, at that time, they might also be able to arrange a batch of high-quality housing for group purchases by Wenxuan's senior management and teachers, making everyone happy.

Then their children wouldn't have to travel to the far eastern suburbs for school; it could be resolved within the city, how great!

"Since that's the case, I'll invest that 100 million. I'll sign the contract when I return this weekend."

"Okay, Boss Wang, no problem, thank you, thank you!"

Xu Mingda's face lit up with joy; a major problem had been smoothly resolved.

With funds in place, the new campus could start construction soon.

First, the teaching buildings, dormitories, and teacher apartments would be built, completed in half a year, aired for half a year, and enrollment next year wouldn't be an issue!

As for other facilities, they could be built gradually.

"What shocked me, though, was that Boss Wang actually managed to obtain real estate qualifications? And he's going to build houses in the future? Truly impressive!"

However, Xu Mingda only felt shocked inwardly and didn't inquire further about these words.

Wang Yi also dialed Song Sining's number again:

"Sining, it's been half a month. Have the procedures for the real estate company been approved?"

"They've been approved, Boss. Meteor Real Estate Company has been registered."

Song Sining was a little curious:

"Why this name? Why not use Meiyou, or Xingyi Real Estate?"

Wang Yi smiled.

Isn't the future of real estate companies like a meteor?

After a brilliant glory, there is only endless darkness.

That's why Wang Yi named it Meteor Real Estate.

Not using the names Meiyou and Xingyi Technology was also to sell off the entire Meteor Real Estate at a high price during the peak of the real estate market in 2018!

Originally, Wang Yi had planned to use Xingyi Real Estate and withdraw from the real estate industry after 2018.

But that way, Xingyi Real Estate would be stuck in his hands and couldn't be cashed out.

It would be better to change it to Meteor Real Estate, make a huge profit, cash out, and exit!

In the future, instrumental businesses that wouldn't generate sustained profits would be rebranded, and the entire company would be sold off before the market turned bad!

Only businesses that could achieve long-term sustainable profits would carry the Xingyi Technology and Meiyou Technology brands.

Wang Yi returned to his dorm, and Jian Ziyan sent him some materials on QQ:

[Junior, here are all the materials and valuations for Qianghui Electronics. Take a look. If you have any questions, just ask me. If I don't know, I can ask the professor!]

[Thank you, senior sister.]

[You're welcome!]

Wang Yi looked at the materials and couldn't help but smile.

Qianghui Electronics previously manufactured styluses, universal chargers, card readers, and high-capacity backup batteries!

No wonder it went bankrupt!

These four accessories were absolute dominators in the feature phone era.

Any feature phone couldn't do without a stylus.

If one battery wasn't enough, or it swelled up, one would have to buy an extra backup battery and charge it with a universal charger!

Even card readers were essential tools for downloading movies and music!

In the past, Qianghui Electronics made a fortune relying on its four core businesses.

Coupled with an early start and early planning, they had factories and office buildings.

After making money, they also spent huge sums to build a brand new industrial park, intending to expand and strengthen their business!

Unexpectedly, as smartphones became popular, styluses became useless.

On some emerging smartphones like iPhones, batteries couldn't be removed, so universal chargers became useless, and high-capacity backup batteries also became useless!

Many smartphones also had non-removable memory cards, making card readers useless as well!

All four core businesses suffered heavy blows.

Compounded by the large amount of money spent on building the industrial park, it added insult to injury!

Before Qianghui Electronics could recover, it had already gone bankrupt...

This outcome was truly helpless.

One could only say that smartphones came too quickly, too suddenly.

Qianghui Electronics' factory was in the Imperial Capital, and Wang Yi had no interest in it.

When Wang Yi made phones, he would either have Foxconn or Inventec OEM them, or build his own factories in cities like Jizhou.

He would absolutely not build a factory in the Imperial Capital!

The costs were too high; it wasn't realistic!

The only thing he was interested in was that industrial park.

Its area and scale were both very large.

There was also some vacant land, allowing for future expansion.

Most importantly, Qianghui Electronics went bankrupt only two years after its completion!

This industrial park was extraordinarily new, with all sorts of modern facilities.

Wang Yi immediately took a liking to it!

"For an industrial park like this, a market price of 1 billion is quite reasonable. If it's a judicial auction, the starting bid would be 300 million, and the final price would probably be 500 to 600 million."

"If it can't be secured for 500 or 600 million, then raise the bid to 700 million, with a maximum of 750 million!"

Wang Yi made a calculation in his mind:

"If it exceeds 800 million, then forget it!"

Following this, there was a series of requirements:

[Bidders must prove assets of 200 million!]

[Must be a company based in the Imperial Capital and a high-tech enterprise.]

...

It was evident that the Imperial Capital wanted to vigorously develop high-tech enterprises.

This posed no problem for Xingyi Technology.

Proving assets of 200 million was also effortless.

He just didn't know if there were any other potential issues.

With this in mind, Wang Yi sent a message to Jian Ziyan:

[Senior sister, this industrial park has no other disputes, right?]

[No, Junior, all disputes have been handled. If you bid for it, the court will be responsible for the entire process.]

[Then, can the vacant land in the industrial park be expanded later?]

[Yes, it can. With a valuation of 1 billion, this vacant land is naturally included. The management committee will assist with the change in land transfer, and since it's industrial land, the price is very cost-effective.]

[Okay, thank you.]

Wang Yi smiled.

In Zhongguancun, where every inch of land was precious, commercial and financial land cost 20 million per mu.

But industrial parks used industrial land, and 2 million per mu was enough.

However, if he were to actually build a factory, Wang Yi would still return to Jizhou High-tech East District!

It was more than ten times cheaper than Jizhou's commercial and financial land; one mu of industrial land only cost a few tens of thousands!

Plus, since it could boost local employment, Jizhou could directly provide industrial land for free as long as Wang Yi invested!

Wang Yi planned to build office buildings and large flat-floor apartments on the vacant land in the industrial park!

Office buildings for office use.

Large flat-floor apartments for comfortable living!

He had to secure this industrial park if possible!

With this in mind, Wang Yi immediately sent a message to Song Sining, asking her to prepare the funds.

September 13th, military training closing ceremony.

After half a month of clear skies, it finally became cloudy.

Thick dark clouds grew increasingly dense, as if a downpour was imminent.

The school authorities decisively decided to simplify the ceremony and review the formations as quickly as possible.

By eleven o'clock, the review was barely completed, with only the final speech remaining, when a torrential rain poured down.

The principal smiled kindly, said a few simple words, and dismissed everyone.

Thus, the fourteen-day military training concluded successfully.

Students cheered and rushed towards the dorms and dining halls in the heavy rain, resembling runaway wild horses, and also prisoners released after serving their sentences.

Wang Yi couldn't help but sigh:

"Youth is truly great."

Sun Tao came up:

"Yi Ge, what are you reflecting on in life? Come on, let's go to the dining hall first, then go back and play games!"

Wang Yi: "..."

This guy was addicted to CF!

He probably dreamed of shooting guns!

After dinner, Wang Yi took a shower and played two rounds of games with his roommates.

Then he started handling company business.

The weekend ended, and the box office for "33 Days of Love Sickness" had dropped a bit these past two days.

It was only about 30 million a day, but still quite astounding.

As of noon on September 13th, after four and a half days of release, the total box office had surpassed 200 million!

This speed was much faster than the growth rate in his previous life!

The subsequent box office growth rate would slow down a bit, which was unavoidable.

But the total box office surpassing 400 million was without any suspense!

The annual dark horse was born!

The box office share Wang Yi could receive would also be very considerable.

The additional impact generated by this was even immeasurable.

For example, Meiyou's revenue was increasing every day, gushing like a geyser every day!

Sales at offline flagship stores, specialty stores, and authorized stores were also exceptionally booming.

As the movie became a hit and Ye Xiaohe became very popular, Meiyou's brand recognition grew, and sales improved continuously.

Furthermore, Meiyou's "pure desire" style dresses were originally an epoch-making aesthetic, and this growth seemed to have no limit, constantly soaring.

Daily profits were above 30 million.

Wang Yi estimated that this growth rate would continue until the end of September.

It would only slow down in October when the weather got colder!

In the afternoon, Wang Yi left campus, took a taxi, and headed straight for Yangshan Villa.

He rarely had free time, so it was a good chance to go see his little rich girl.

On the way, Wang Yi sent a message to Song Sining:

[Sining, please help me schedule a meeting with Yang Yan, the creative director of eico design. He's a system development guru. Tomorrow or the day after tomorrow is fine.]

[Okay, Boss.]

To make phones, both R&D and system development had to be advanced simultaneously.

Of course, this system was just a UI based on Android 4.0.

Just like Meizu's Flyme and Xiaomi's MIUI, it wasn't about creating an entirely new system.

That wasn't realistic.

At the very least, it couldn't be done now.

Only when Xingyi Technology had ample talent and sufficient funds in the future would it have the strength to create an entirely new system similar to HarmonyOS!

In the initial stage, it was better to directly use Android and deeply customize it.

Soon, Song Sining contacted Yang Yan:

"Hello, Mr. Yang Yan, I am Song Sining, the president of Meiyou Technology."

"Meiyou Technology! Hello, hello."

Yang Yan's interest was piqued.

With the explosion of "33 Days of Love Sickness" and Ye Xiaohe's popularity, Meiyou's name was also soaring, known by everyone.

"It's like this, our boss wants to meet you to discuss a collaboration. When would be convenient for you? By the way, our boss is in the Imperial Capital."

"The Imperial Capital, what a coincidence, I'm also in the Imperial Capital. How about tomorrow night?"

Yang Yan was eager to get to know this mysterious business magnate, Boss Wang of Meiyou, and certainly wouldn't refuse.

Investing in a small-budget film could achieve 200 million at the box office in four days.

In apparel, Meiyou's "pure desire" style was popular nationwide.

Wang Yi was now regarded by many as a discerning patron in the film and television industry, a legend in the investment world, and a big shot in the business community!

Anyone with a bit of foresight wanted to get acquainted with him.

Yang Yan naturally wouldn't refuse.

"Okay, then tomorrow night."

Song Sining quickly sent the schedule to Wang Yi.

"Tomorrow night, huh, that works."

Wang Yi smiled slightly:

"The first mobile phone big shot is about to join my ranks!"

To make phones, poaching talent was essential!

Yang Yan was just the beginning.

Yangshan Villa.

Seeing Wang Yi arrive, Lin Shu was overjoyed; she also had no classes that afternoon.

"Good, good, Xiaoyi knows how to come home."

Lin Shu smiled and hugged Wang Yi, clinging to him like a koala.

"You've become even cuter!"

Wang Yi picked up Lin Shu and kissed her directly.

"Eat strawberries!"

On the table, Lin Shu had already washed the fruit.

The two snuggled on the sofa, eating fruit and chatting:

"Xiaoyi, I dug up something fun!"

(End of Chapter)

---------------------

Support me on P@treon

[email protected]/charaz

$3 -> 15 chapters in advance

$5 -> 30 chapters in advance

$10 -> 60 chapters in advance

Check my pinned post on P@treon

More Chapters