Fu Guangzheng discussed with his uncle and the others and asked them to help him buy several big hotels using their connections. The eldest uncle and the second uncle have real estate and properties in Baodao, Malaysia and other areas. The third uncle has supermarkets in those places, and Fu Guangzheng and his father also have sales channels in those places.
If the entire Fu family unites, it will indeed be easier to accomplish this than the Li family. Of course, Fu Guangzheng also has to pay certain benefits to others. He can't always have others help him while he pays nothing.
Fu Guangzheng transferred his shares in some companies in Xiangjiang to other brothers and sisters. The value was not much. It was a thank you to the three elders for their help. As for his father, it was purely a voluntary help. All of Lao Dou's business was left to his boss, so why would his boss ask him for money
Fu Guangzheng came to Feng Yu to discuss the minimum size of the hotel, the minimum number of restaurants, and the ratio of the two's funds.
Feng Yu made it very clear that he had paid a lot of money to be able to form a joint venture with Quanjude, so Feng Yu would account for the majority of these hotels, and of course he would also contribute the majority of the money.
Fu Guangzheng can accept this. If he owns these industries, he will definitely be able to form a joint venture with Quanjude. Of course, more importantly, he didn't want Feng Yu to have conflicts.
The business that Feng Yu came up with was completed over there, so anyone else would be furious. The last time Feng Yu went crazy, his father suffered heavy losses. But the benefits of making friends with Feng Yu have never been less for him.
Let’s talk about the gold futures speculation this time. When the price of gold rose to 380 US dollars, it fluctuated for a few days, but in the end it continued to rise, all the way to 391 US dollars.
Uncle and the others sold a batch at US$385. As the price rose, they continued to deliver, but the highest price was only US$387.
Only his father's beans were fully delivered until the high price of 390 US dollars. And this also allows their family to earn the highest proportion.
I dare not say more. But in just over a month, the profit nearly doubled. This kind of good investment only comes once a year. He doesn't need to do anything else, and he can still ensure that his assets continue to rise!
Of course, he also knew that this was a rare thing, and Feng Yu also said it. By 1994, the price of gold fluctuated greatly. His own company had to do less of this, and Fu Guangzheng was even less likely to do it.
If you follow Feng Yu, you will have meat to eat. This is now Fu Guangzheng’s highest investment principle!
In the end, Feng Yu and Fu Guangzheng decided that the ratio between the two would be 30-70. Feng Yu would contribute 70% of the capital and Fu Guangzheng would contribute 30% of the capital. They would form a joint venture with Quanjude Company in the future. If Fu Guangzheng can buy shares from Quanjude shareholders, Feng Yu will not stop him.
As for the benefits Fu Guangzheng would pay for acquiring these hotels, Feng Yu didn't ask, and Fu Guangzheng didn't say. Can't Feng Yu give all the good opportunities to Fu Guangzheng, while Fu Guangzheng doesn't give anything
In those companies in the past, the reason why Feng Yu called Fu Guangzheng was because Fu Guangzheng would send people to manage them. It's the same now, what is needed is the Fu family's connections, if only money is needed. Is Feng Yu short of money
Fu Guangzheng didn't care about the next thing. He continued to go to the mainland and was busy with the Taihua Supermarket Group. It was left to other members of the Fu family to acquire the hotel.
Three days later, Fu Rongqi took action and purchased a restaurant in the Central area, a restaurant selling Shandong cuisine. Not particularly popular, but because of the location. The business is pretty good, but the important thing is that the area is large and there is a lot of traffic around it.
Many people can't understand why Fu Rongqi bought this hotel? I heard it cost a lot. Based on the hotel's profitability, Fu Rongqi's investment may not be recouped in five years. Although this hotel will not lose money, the return on investment period is too long, which is obviously not in line with Fu Rongqi's investment habits.
Who is Fu Rongqi? He is a leading figure in finance in Xiangjiang. If nothing else, let’s just say that Fu Rongqi has made a lot of money by speculating in foreign exchange, gold, and stocks in the past few years. What’s going on today? , actually purchased a hotel
Some irresponsible tabloids also said that it was because Fu Rongqi had a quarrel with the hotel manager once when he ate in this hotel. In a fit of anger, he bought the hotel and took the manager to Fired!
In order to clean up a person, a restaurant was purchased. This kind of gossip is the kind of gossip that citizens are most willing to believe. In their opinion, this is what rich people are like.
But the news was not over yet, and another newspaper immediately broke out that Fu Rong District had bought a restaurant in Lisboa, diagonally opposite the most prosperous casino, a restaurant serving southern Cantonese cuisine.
Now everyone can’t understand. It can’t be said that Furong District also has a conflict with the hotel manager, right? Could it be that the Fu family is specifically trying to get into trouble with people who own restaurants
But someone immediately said, what is the biggest business in Furong District, real estate and property. Furong District must have bought this hotel for real estate.
But some people don't think so. It's right to choose a good location when investing in real estate. But Furong District didn't say who to rent the hotel to. Do you want to run the hotel yourself
Are the Fu brothers crazy, or are they going to make a big push into the catering industry in the future? Even if you want to enter the catering industry, you wouldn't do it like this, right? If you buy someone else's very good hotel at a high price, you can't see much profit in it
Fu Rongqi's brain is broken, and Fu Rongqu's brain is also broken
But before their discussion was over, someone said that Fu Rongbing was in Baodao and was also discussing the purchase of a hotel. It was said that the talks were almost over.
Everyone is confused. The third son of the Fu family also wants to open a restaurant? Is there some kind of curse on the Fu family? A curse that will kill you if you don't open a restaurant
Then they all looked at Fu Rongjin, the fourth eldest son of the Fu family. The three brothers in front of the Fu family all opened restaurants. They wanted to see if Fu Rongjin also wanted to open a restaurant.
If so, it would be interesting. The four brothers of the Fu family want to open a restaurant at the same time. Are they competing for something
As a result, they soon learned that the fourth son of the Fu family went to Malaysia, while the eldest son of Fu Rongqi went to Nanyang with the eldest son of Fu Rong District.
What are you going to do? Buy a hotel!
Now not only the citizens, but also many rich people can't understand it. What does the Fu family want to do? Acquiring so many restaurants, all with different cuisines, cannot be integrated together. Could it be that they want to create a hodgepodge and promote the signature dishes of several cuisines to all restaurants
But these restaurants have some signature dishes, and other restaurants also have them. What kind of dishes can you come up with
And even if you want to enter the catering industry, you should start from small to big. There is no such thing as crazy acquisition of restaurants as soon as you get up, right? Why, I know that your Fu family made a lot of money by speculating in gold futures with Fu Rongqi some time ago, but that's not how you spent it. Investing in the stock market or investing in real estate, which one is not more profitable than this
Even these rich people can't understand it, let alone ordinary people. They all have one idea in their hearts, that is, the Fu family is... crazy! (To be continued.)
PS: The third update. The fourth child is going to the province to check information in the afternoon. He may have a meal with friends in the evening, so he may not be able to make it back in time, so I will post a chapter first. Thanks to Feihu Bookworm, A Dreamlike World, **** Shengtian, Bailu Mountain, Kaka Bear, etc. for their monthly votes. Thanks to Hao Miguang, Book Friends 1604132032491 and other book friends for their rewards. Thank you.