Tao Liangchen
Chapter 438 Beautiful Land
Su Yehao didn't pay much attention to the money the Maydi Group let him invest because he didn't need to worry about it after throwing it there.
Hearing his father mention cashing out to build a new headquarters, he immediately understood that his old man was still wary of him, still thinking about securing the profits, and wanted to convert the funds into more stable real estate.
He immediately became unhappy.
He told him:
"It's not easy to build up the money to this scale, and there's an opportunity to go further. It's not cost-effective to cash out now. If you use it to expand the business, fine, but investing in building a headquarters building is a bit of a loss. I always feel that although Fo Chuan is good, the potential for appreciation in house prices is not as great as Guang Zhou, unless... you give me a piece of land at a low price or something? I can take out a portion, and the rest of the money can be borrowed from the bank. I can indeed consider building a new headquarters, but I can't be a commander without an army, can I?"
The current general manager of Maydi Group, Qian Wanhao, grew up in Guang Zhou City and speaks fluent Cantonese.
Upon hearing this.
Manager Qian racked his brains, pondered every word, and seemed to understand something. He nodded and chimed in:
"That's right, if we earn so much every year, we can directly switch to finance. I have great confidence in young master Su's abilities. Fo Chuan is good in every way, and it's very suitable for doing business, but we pay so much tax every year, compared to foreign companies that have been attracted to invest here, we enjoy less preferential treatment. I'll talk to someone before the new year, and we should be able to get a piece of land at a low price. After all, as the largest local leading enterprise, the higher-ups certainly don't want us to leave."
Earning a salary of two million a year, one must be smooth in handling affairs.
Since Su Yehao had spoken, Manager Qian naturally wanted to take the opportunity to prove his strength. Now, all parts of the country are busy developing their economies, and with Maydi Group's status, it's not too difficult to get land at a low price.
If they move to Guang Zhou, maybe they would be happy to give them a piece of land for free, and even have the opportunity to get subsidies in other tax reductions.
But the second shareholder of the group is local to Fo Chuan, so they can't just leave.
If the two sides fall out, it would be too offensive, like giving away one's own son to be raised by someone else, the local government, as the second shareholder, would definitely not agree.
So Manager Qian is considering pretending to test the waters with the second shareholder to see what benefits they can get.
As a direct descendant hand-picked by Su's old man, Qian Wanhao knows very well which side he should stand on, and has already considered his lines.
Of course, he can't turn around and sell Su Yehao out, telling them that moving the headquarters is the young master's idea.
But he can make excuses saying that so-and-so took the initiative to poach them, offering preferential treatment and land, which made other shareholders very tempted, thereby getting Fo Chuan to offer preferential treatment...
A squeaky wheel gets the grease.
Su Yehao does have the idea of asking for benefits.
A leading enterprise that was valued at several billion in 1999 and provided a large number of jobs and taxes, if it still needs to pay for land to build its headquarters, it would be too unreasonable.
Land will be valuable in the future, but it's not valuable now. If you want to develop Maydi Group, there will be many places to spend money in the future. It's definitely more appropriate to save where you can.
Seeing that Manager Qian understood, Su Yehao didn't mention it again, secretly sighing that it was indeed easier to talk to his own people.
If he beat around the bush with those foreigners in Silicon Valley, maybe he would wake up one morning and the company would really be preparing to move away. It is necessary to issue orders precisely and concisely, going straight to the point.
When he temporarily mentioned building a new headquarters, Su's old man hadn't considered the step of acquiring land yet.
Seeing his son generously asking for benefits, Su's old man only felt that he was indeed his seed, so smooth with this kind of manipulation.
However, the factory is here, and most of the employees' homes are also located here.
The cooperation with the second shareholder has been relatively smooth, especially after the company's performance reversed against the wind last year, earning more than one billion RMB. It is not appropriate to move suddenly, as it is easy to cause a backlash from the original management within the company.
It's not convenient to really move, but pretending to scare them a bit can probably get some benefits, such as land. If you pay to buy it, it's quite expensive.
Really considering building a new headquarters, Su's old man continued, "What commander without an army? You, the senior vice president, have never participated in company management. Building a headquarters building will cost at least ten to twenty billion. Do you think bank loans don't require interest?"
"A few percent interest a year, who's afraid of that? I'll withdraw the money at the end of the year and invest in the mainland stock market, just buy your favorite real estate sector."
After Su Yehao finished speaking, his old man nodded on the spot and said with a smile, "That's very possible. There's a company called Vanke, which was very small a few years ago, but now it's developing quite fast."
"...Vanke is also on your radar?"
Su Yehao thought to himself that he deserved to be someone who had been in the Hong Kong real estate circle, his vision was indeed sharp.
His old man replied, "How could I not have heard of it? Last year, in various land auctions, the one who took the most land was them. I've met their boss a few times, and we even talked about building another cultural tourism city in Peng City, but unfortunately Vanke didn't have enough strength to follow."
The so-called other cultural tourism city naturally refers to the one that once brought Huang Daxian to see, located between Xili Reservoir and Tanglang Mountain.
In 1997, it was still wasteland. Last year, news came out that it was planned to be built into a university town.
It can't be said that the location is very good, but the land price is really cheap, plus Sihai International once proposed a "rich area" plan, so naturally it has attracted the attention of its peers.
Back then, Su Yehao set his sights on that place because his family didn't have enough money, and his business hadn't shifted to the mainland, thinking about small profits and quick sales.
Now, he no longer cares.
With more spare money in hand, it's better to discuss with Tomson Group and buy the land for the future Tomson Riviera from this Hong Kong-funded enterprise. It's also particularly easy, and the future appreciation potential is huge. Not to mention, it also has the hope of enhancing the style and added value of other projects...
Su Yehao rarely comes over, but he still has his own exclusive office, which is cleaned every day.
After accompanying his old man to review last year's financial report, he was more interested in the performance and sales of the company's products, and even made a special trip to visit the R&D department.
Maydi Group is trying to take a high-end route, but users are not buying it. Instead, products that are just passable in terms of volume are the most popular.
Without a user base, the market cannot be cultivated, and of course, there is a lack of motivation for the research and development of high-end products.
Don't look at a large group of people who are clamoring about how good Japanese and German goods are all day long, but when they actually pay for products, they will still honestly pursue cost performance. Some products are not that they can't be researched, but that there is no need to research them. The consumption level in this era is generally low, and affordable and durable home appliances are the mainstream.
A simple pulsator washing machine has a gross profit margin of up to about 37%. It's no wonder that Su's old man has set his sights on this industry, the market demand is indeed amazingly large.
Learning that Su Yehao had a Maydi mahjong machine at home and used it frequently recently.
The R&D manager who accompanied the visit immediately offered to customize one for him, specially customizing the appearance and shape.
Thinking of having a nanmu or zitan wood mahjong machine at home, it seems quite interesting. Su Yehao happily accepted it, asked someone to design the shape, and sent the pictures to his email.
According to this idea, it seems that the billiard table, coffee table, the bed in the master bedroom, the floor, etc. can also be replaced. Isn't that also bottom-fishing investment...