Started from Hong Kong Island

Chapter 63 [Selling Clothing Factory]

Li Wendi's idea was simple. He wanted Deng Jiaren to inject capital and reduce the loan he was going to take, thus reducing the investment funds and the risks involved in disguise.

And if Deng Songlian gets involved, I'm afraid this old fox will have different ideas. After all, half of Li Wendi's funds were obtained under the banner of the Heliansheng Society.

Deng Jiaren is different. He needs Li Wendi as an ally. Sometimes, Li Wendi is even more reliable than Deng Songlian because he does not have too many conflicts of interest with Li Wendi, while Deng Songlian has more than one son.

Li Wendi smiled mysteriously and said to those prostitutes, "You guys go down first and come back in half an hour."

Although the music in the nightclub was very loud, Li Wendi was still worried that these women would leak the news to someone with ulterior motives. Even if some obstacles occurred, Li Wendi believed that they were caused by lack of caution.

Seeing that Li Wendi was so mysterious, Deng Jiaren immediately felt that it must be a good business investment, otherwise Li Wendi would not be so cautious.

"I acquired a warehouse from the Yisheng Society and plan to transform it into a wet market. According to my investigation, wet markets have good development prospects. There are a large population in Sham Shui Po, but not many wet markets. Once it is built, there is a high probability that supply will fall short of demand." Li Wendi said seriously.

Deng Jiaren didn't completely trust Li Wendi, but after careful consideration, he also felt that this was a good business. "How much can I get? How much profit can I expect?"

"Brother Jiaren, to be honest, it's my funding problem, otherwise I would have done it myself. How about this, 4-20 split, you pay half. As for the profit, according to preliminary estimates, it's only %, so each person should get around ." Li Wendi sighed.

Such a reasonable reason dispelled many of Deng Jiaren's doubts. It was not that Li Wendi could not get investment funds, but that Li Wendi was greedy. If it were not for the childhood friendship with Deng Jiaren, Li Wendi probably would not have come up with such a good project.

Of course this is an illusion, created deliberately by Li Wendi.

"How much money do I need to pay?" Deng Jiaren asked.

"I spent 70 to take over the warehouse. Half of that is 35 for each of us. The cost of the subsequent renovation still needs to be verified. I guess it will not be less than 20." Li Wendi said seriously.

"That means everyone has to contribute at least 45 yuan, and we can earn 20 yuan, which is a good project." Deng Jiaren glanced at Li Wendi and found nothing unusual, so he said, "I still need to find out about the hundreds of thousands of yuan of funds. I will give you the news the day after tomorrow. How about it?"

"Okay! This is a small matter, it will be the day after tomorrow."

Li Wendi then changed the subject and said, "I have a few familiar people in Tsim Sha Tsui who should be able to help. However, Wei Renwei is good at scheming, so this method is only a temporary solution and does not address the root cause."

Deng Jiaren said helplessly, "Wei Renwei has already established a foothold in Tsim Sha Tsui. I have no way to deal with him for the time being. I can only complete the task assigned by my father first. Maybe there will be a chance to get him out of office in the future."

The current situation is indeed as Deng Jiaren said. Wei Renwei is not Li Wendi. As soon as he came to power, he placed his own confidants in power and controlled the territory of Tsim Sha Tsui. Fortunately, the two leaders quickly defected to him, otherwise they would not have been able to keep their current positions.

Li Wendi has the leverage over those two people and can force them to do something, but it can only be some small favor.

Wei Renwei's eating habits were too ugly, and Li Wendi was a little unhappy. It was certain that she would take the opportunity to cause trouble for Wei Renwei. Now she could also do a favor for Deng Jiaren, so why not do it?

The next morning, Li Wendi was working in the garment factory. The clothing business had declined a little, but not significantly. He began to worry about the coming winter in the clothing industry. Moreover, he now owned a real estate company and related industries, and his energy was a little insufficient, so he was considering whether to sell the garment factory and invest all his energy in real estate and the stock market.

Cluck! !
While I was lost in thought, there was a knock on the door.

The person knocking on the door was a female clerk and secretary. When she heard the boss asking what was going on, she replied, "Boss, there's a man named Cai Yanjun at the door looking for you."

After searching through his memory for a few seconds, Li Wendi finally remembered Cai Yanjun, and said with a smile, "Let him in."

"Yes!" The clerk left. Ten minutes later, Cai Yanjun walked in with a smile on his face and greeted Li Wendi, "Mr. Li, I'm sorry to bother you."

"Mr. Cai, please sit down!" Li Wendi laughed and asked the clerk to bring a cup of tea.

"Mr. Li's office is very elegant and very different from the offices of other colleagues." Cai Yanjun praised with a smile.

In fact, most of his colleagues’ offices are magnificent, but Li Wendi’s office is relatively simple, but it is fully equipped.

Li Wendi didn't feel much about this compliment, and said politely, "I don't like luxurious decorations, so the office is just slightly decorated. I'm sorry to make you laugh, Mr. Cai."

"What are you talking about, Mr. Li?" Cai Yanjun stopped dwelling on this topic. "I wonder what Mr. Li thinks about the last incident?"

Li Wendi immediately pretended to be embarrassed and said, "Mr. Cai, I'm sorry. I've been having some difficulties in my real estate business recently and I'm considering selling the garment factory. It's unlikely that the previous things will be fulfilled."

"." Cai Yanjun was stunned for a moment. Li Wendi's acting skills were good, and he didn't see any flaws for the time being. After a while, he slowly said, "Mr. Li, the market is booming now, and you should be making a lot of money. Why do you want to sell the factory?"

"Because of the booming real estate market, I bought a lot of properties with loans. The interest rate is a bit too much, so I want to focus on developing the real estate industry," Li Wendi explained with a sigh.

Cai Yanjun fell silent again. Since Li Wendi wanted to leave the textile industry, there was no need for much cooperation between them. The partner they had finally met was about to fly away.

"Mr. Cai, although I am doing a legitimate business, I still have some brothers and friends in the underworld. The previous cooperation has failed, but I can still help you to the best of my ability." Li Wendi felt that he could get Cai Yanjun to buy the factory, so he promised to help.

"Thank you, Mr. Li!" Cai Yanjun rolled his eyes and asked again, "What price does Mr. Li plan to sell it for? Maybe I can help."

Cai Yanjun wanted to establish a relationship with Li Wendi, and he knew that Li Wendi's clothing factory was doing good business, so winning him over would kill two birds with one stone.

"40!" Li Wendi said with a smile, "It seems a bit expensive, but I have received a lot of orders recently and can make tens of thousands of yuan. I also have several clients in contact with me, so I have a good chance of winning them."

"40 is indeed a bit high." Cai Yanjun thought for a moment, "I'll go back and ask my peers for you. Maybe someone is willing to buy it at a high price."

"Hahaha!! Thank you, Mr. Cai!"

"You are too polite. We are friends, so we should help each other." Cai Yanjun said with some relief. He finally established some relationship with Li Wendi, which would make it easier for him to do things in the future.

In fact, the garment factory does not have to be sold through Cai Yanjun. After all, the factory is doing well. However, it cannot be sold at a too high price. Perhaps 30 is the most suitable price. However, Li Wendi can get tens of thousands more from Cai Yanjun.

Although it has increased more than six times compared to the initial purchase price of 5 yuan, people are greedy and no one would be dissatisfied if they were offered money.

After selling the garment factory, Li Wendi had barely enough funds to complete the renovation of the two and a half warehouses. After completing this business, he will have nearly 300 million in original capital, which can be used to leverage a 500 million project, or invest all of it in the stock market. After all, the second half of the year is a historic time for Chinese companies to go public in large numbers, so it is possible that he can make 1000 million.

Thinking of this, Li Wendi couldn't help but feel excited. He would soon become a multi-millionaire in the 70s.

Li Wendi frowned, wondering if he shouldn't have introduced the Sham Shui Po warehouse project to Deng Jiaren, otherwise he could have made more money.

(End of this chapter)