Chapter 71 Investing in Shares
"Dongxu, today you have completely shocked me," Cheng Yazhou said as he repeatedly rubbed his temples, "First, you saved my life, and then you told me you could invest up to eight hundred thousand as a partner. My mind just couldn't process it all at once, couldn't make the turn. Give me a moment, let me settle down, let me settle down!"
Ge Dongxu knew his performance tonight was astonishing and that Cheng Yazhou, who had always known him as a student, was finding it hard to accept. So, when he heard this, he wasn't surprised or upset but just nodded with a smile and quietly waited.
After a while, Cheng Yazhou seemed to slowly accept the reality and took a deep breath, looking seriously at Ge Dongxu, "Dongxu, I've realized now that you are not an ordinary kid, and I can't look at you the way I did before. Let's discuss the investment partnership properly now."
"Okay, you know more about this, Uncle Cheng, so you start, and I'll listen," Ge Dongxu nodded and straightened up as he spoke.n/ô/vel/b//in dot c//om
"Now I'll ask you again, are you certain about making this investment? I can't guarantee we will make money; in fact, it's quite possible that we could lose everything," Cheng Yazhou looked seriously at Ge Dongxu and asked.
"I trust Uncle Cheng's analysis just now, and with Uncle Cheng's full storehouse, his financial luck shouldn't be bad," Ge Dongxu nodded his head in agreement.
"Okay, you can read fortunes too. But, my financial luck hasn't been good recently. If it hadn't been for meeting you today, I would have been done for," Cheng Yazhou said with a laugh, not taking Ge Dongxu seriously.
"Either way, I trust Uncle Cheng, as well as my own judgment and discernment; even if we lose everything, I will never blame you," Ge Dongxu said earnestly.
"Since you have so much faith in Uncle, I'll discuss the detailed aspects of the investment with you," Cheng Yazhou said, seeing the determination in Ge Dongxu. He refrained from further persuasion, as it would appear he did not trust Ge Dongxu or want to partner with him.
"Okay, go ahead," Ge Dongxu nodded.
"Regarding the investment in an anti-counterfeit laser label factory, the major expenses are for purchasing the machinery, followed by the factory building and staff salaries. For purchasing machinery, as I mentioned before, it will roughly cost between $1.5 to $1.6 million, but I think we can negotiate it down to $1.5 million."
"About the factory, I've previously mentioned that I rented one in the suburbs of the county town with a friend. The lease is for three years, but my friend left me with a mess after the business incurred losses. Since the lease is only up at the end of this month, we can continue renting it. We can also opt to buy it, as land in the suburbs is cheap, costing about twenty to thirty thousand per acre at most. The main expense would be the actual buildings, but even there, spending sixty to seventy thousand should be enough. However, since we haven't started the business and don't know whether it will profit or incur losses, and my funds are already tight, I am inclining towards continuing the lease. The rent is just eight hundred per month, payable annually."
"Regarding salaries, the main expense is for laser plate making, which requires special skills, so the wages are higher, possibly needing one or two thousand, but salaries are paid monthly and aren't a big problem. As for other materials like plastic film and adhesive, having built some credit over the years, I could initially pay in advance with deferred payment. So, adding it all together, if we have $1.6 million, we should be able to set up and operate the factory," Cheng Yazhou explained.
"Lehao's uncle doesn't have much capital; two hundred thousand would be his limit. I can scrape together eight hundred thousand on my side, so you could put in six hundred thousand. We could then divide the shares into eight parts—Lehao's uncle would have one share, I would have four shares, and you three. What do you think? If you feel the investment is too high, I could try to gather some more money, so you'd feel less burdened," Cheng Yazhou said.
"Hehe, I'm only sixteen this year. Even if I lose it all, I'll have plenty of opportunities to make money later, so there's no psychological burden at all. Let it be six hundred thousand for three shares. But there's one thing I need to make clear first—I am currently focusing on my studies and won't be able to participate in the management. So in this regard, Uncle Cheng, you'll need to think this through to ensure neither you nor Lehao's uncle suffer a loss," Ge Dongxu said.
"That's easy to handle; Uncle Lehao and I will be involved in managing the business, and the factory just needs to pay us a salary," Cheng Yazhou replied.
"Alright, that's settled then. I'll make time to go to the bank tomorrow afternoon after school to transfer the money to you. Over the weekend, take me to see the factory. If the location feels right, we'll settle on it," Ge Dongxu said.
Because Cheng Yazhou had incurred losses with his last factory venture, Ge Dongxu was worried it might be related to the factory's Feng Shui, so he wanted to take a look himself. However, Cheng Yazhou had just teased him about his fortune-telling, reminding Ge Dongxu to keep his special abilities hidden. Thus, this time he wouldn't mention Feng Shui, but just said he wanted to see the location.
"Alright, I'll draft a contract when I get back to make things official. Then this weekend, we can call Uncle Lehao too, and go check out the factory together," Cheng Yazhou said without giving it too much thought.
Of course, even with the wildest imagination, Cheng Yazhou could never guess that the young man before him not only possessed miraculous medical skills but also had proficiency in physiognomy and Feng Shui.
"Done, it's decided then. It's getting late, Uncle should close his eyes and rest for a while; I need to rest too, otherwise, I won't have any energy for class tomorrow," Ge Dongxu nodded and said. Stay tuned to empire
"Yes, yes, you should rest too. You must be exhausted from performing acupuncture and massage on Uncle just now," Cheng Yazhou hurriedly said upon realizing that Ge Dongxu still looked a bit pale.
Ge Dongxu nodded, then closed his eyes and soon fell asleep.
Sleep is the most natural way for cultivators to rest and relax, also an essential part, although cultivators don't need as much sleep as ordinary people do.
The train arrived on time at six o'clock in Changxi County, and Ge Dongxu and Cheng Yazhou headed home together. Since the two were now business partners, they would definitely need to communicate and negotiate about various matters, and engage in financial transactions, so keeping it a secret from Cheng Yazhou's family would certainly be unrealistic, at least it would be impossible to hide it from his wife, Wu Xiaojuan. Thus, on the way home, Cheng Yazhou discussed this issue with Ge Dongxu.
Ge Dongxu was aware that it was a serious matter, so he had no objection to Cheng Yazhou mentioning it to Wu Xiaojuan. However, because he was worried it may affect Cheng Lehao's study mindset and he might leak the information, he asked Cheng Yazhou to try not to mention it to him for the time being, as the young man usually wasn't interested in his dad's business affairs.
So, after getting home, Ge Dongxu took a bath and had breakfast before heading to school, while Cheng Yazhou talked with Wu Xiaojuan about partnering with Ge Dongxu to invest in an anti-counterfeit laser label factory.
When Wu Xiaojuan heard that Ge Dongxu had so much money, she couldn't believe it. Helplessly, Cheng Yazhou ended up sharing with her about his myocardial infarction on the train and how Ge Dongxu had saved him, which she knew her father-in-law had died from. Hearing that her husband had a sudden heart attack on the train terrified her, but she gradually accepted the reality of Ge Dongxu having so much money.
Because of this incident, it was clear that they could no longer view Ge Dongxu as just an ordinary young man.
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