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Chapter 855 Youte Investment Management Company

David, like Sun Dahai, joined the Bank of Gaul White Knight Plan, but his funds were not very easy to come by. He only subscribed for 0.99% of the shares of Bank of Gaul, which was lower than the 2.99% share subscribed by Sun Dahai.

Quite a few.

Therefore, in a sense, he and Sun Dahai can be regarded as comrades in the same trench. Now that he wants to join the project and is willing to assume the responsibility of a manager, Sun Dahai agrees.

In fact, Sun Dahai's first thought was to get the boss of the Huo family to come in, and he was also very interested in this project.

As it turned out, this project was led by Erection Future. After a round of contact, the Huo family boss sadly discovered that the participants were all a bunch of brats. So he had no choice but to quit, so as not to make others laugh.

In fact, the eldest student of the Huo family, Xiao Gang, was also qualified to participate, but the Huo family's family rules were strict and the nine-year-old Xiao Gang could not participate in any investment or management, so he had no choice but to give up.

On the other hand, Xiao Su, a mixed-race student who is two years older than Xiao Gang, his family adopted a Western education model and fully supported the choices he made and did not object to him starting a business from an early age.

After Xiao Su was introduced to this project, he happily started his first investment under the supervision of his parents, his guardians.

Ute Investment Management Company is actually trying to sell itself like a sheep. Their real goal is to transform the Langya Bay Bulk Cargo Terminal into a yacht terminal within ten years, and at the same time, the company will also become a truly top-notch yacht club.

This can be known from the company's name "Ute", which is the transliteration of the English "yacht" - yacht.

It's just that the current policies and economic environment in mainland China are not enough to support a top yacht club. Therefore, we will operate the terminal and warehousing first, and wait and see the situation in a few years.

Anyway, Jiahua's project in Sanya has a long construction period, and there will be sufficient hard demand for this terminal and corresponding warehousing for at least five or six years.

Simply relying on Jiahua's orders, this project will basically not lose money.

Moreover, the total investment in this project is not that large, so even if everyone’s real goal, the yacht club, will not be started until many years later, all shareholders said that there is no problem at all.

When Jiahua was negotiating with the governments of Hainan and Sanya last year, David represented the hastily established Youte Investment Management Company and also participated in the negotiations at a later stage.

Youte Investment Management Company was registered in Xiangjiang and was considered a Xiangjiang enterprise. Therefore, according to the policies at the time, it could participate in domestic port investments.

This is why the mainland government preferentially treats Xiangjiang’s funds and enterprises. Enterprises from other countries are now not qualified to invest in roads and ports in the mainland.

However, the maximum investment ratio of foreign capital (Hong Kong capital) in the port is only 40%, which makes it difficult for the local government and the port during negotiations.

Hainan is a big island, surrounded by the sea. There are many places suitable for building deep-water ports, let alone such a small pier.

The population within the area radiated by Langya Bay Bulk Cargo Terminal is sparse and scattered, so the port itself is not valuable. If it follows national regulations, then 40% of the port's shares cannot be exchanged for much money.

To this end, the government assigned 200 acres of land around the terminal and a nearby small thermal power plant to the terminal, thus ensuring sufficient foreign investment.

After the joint venture, the Langya Bay Bulk Cargo Terminal was renamed Langya Bay Ute Freight Terminal. The government holds 60% of the shares and is the controlling party, and Ute Investment Management Company holds 40%.

The terminal will be renovated in batches without stopping operations, and it is planned to complete the upgrade of existing berths, loading and unloading, transportation and warehousing capabilities within two years.

By the time the dock matter is finalized, Jiahua's entry into Hainan has become a foregone conclusion. Together with Shiweitian, they will quietly lay a good foundation for future development while others are speculating on Hainan's land.

The formalities for Jiang Xiuping to go to Xiangjiang have been completed after the Spring Festival. As a major shareholder of many powerful companies in Xiangjiang, Jiang Xiuping has no problem immigrating to Xiangjiang.

The procedures for Sun Dahai are also being processed. Everything is going smoothly and it is expected to be completed soon. As a direct relative of Jiang Xiuping who is under the age of 16, it is logical that Sun Dahai's application will be approved.

Qian Hui was sent to Yingcai's nursery after the Spring Festival this year. She is already two years old and entered the nursery together with Fang Yuqing, who returned from Xiangjiang.

Cao Yue returned to the capital with Xiao Yuqing at this time last year. She took the child to eight months old, but she was really impatient, so she returned home early, handed the child to Jiang Xiuping, and happily

Back to work.

Yingcai's nursery takes care of children aged one and a half to three years old. Children over three years old can attend Yingcai Kindergarten.

Two months ago, Jiang Xiuping sent both girls to the nursery. After continuous observation by the whole family, they adapted to the life in the nursery very quickly.

Therefore, Jiang Xiuping felt relieved and started to apply for the permanent resident status of Xiangjiang according to the steps that everyone had discussed before.

If nothing else happens, Jiang Xiuping, who is now a permanent resident of Xiangjiang, will go to Xiangjiang next month. Sun Dahai will also get together with friends after the graduation ceremony, and then go to Xiangjiang to join Jiang Xiuping.

Originally, Jiang Xiuping had not planned to go to Xiangjiang in the summer. She wanted to wait until the end of the year or the beginning of next year before going to Xiangjiang. However, something unexpected happened now, so she decided to leave early.

Liu Hanwen from Wanwan retired last year and decided to settle in Xiangjiang.

The reason is very simple. Sun Dahai gave the two adjacent pieces of land on Baijia Road in Taipingshan to Chef Cao and the Liu family of Wanwan respectively in the name of the Sun family last year.

The first phase of Pacific Place next to the Future Building has been basically completed, and the investment and leasing work has begun. The second phase of the project is ready and will start immediately after the completion of the first phase.

Behind the Pacific Place project is Swire & Co., a long-established Britten business giant based in Xiangjiang development. They have already begun to look for suitable land for Pacific Place Phase 3.

Swire Properties, the real estate company of Swire & Co., Ltd., is very interested in erecting the two-story building and its land in Central in the future. If they can obtain this land, it will be integrated with other reserve land in their hands.

The value and investment potential will increase several times.

Swire Properties has approached Qiao Hongwei many times, hoping to purchase it directly or replace it with other land.

This piece of land and its attached independent building were the properties that Sun Dahai acquired when he acquired Wilkinson Trading Company.

After Sun Dahai bought it, it was repaired and renovated, and it became the office space of the Huanyu Trading Company, the trading team, and the Sun family's Queen's Lawyer Yu Kaihao. It can be considered a great achievement for his hard work.


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