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Chapter 30 Brother-in-law

Since MacLehose had informed the Land Planning Department in advance, Li Jianhui and financial manager Zhang Qijun did not encounter any difficulties.

Industrial land costs HK$1 per square foot, and commercial land costs HK$1.5 per square foot. Li Jianhui purchased 7.532 million square feet of industrial land and 3.228 million square feet of commercial land this time, for a total price of HK$10.76 million.

In a few years, such prices will become nothing more than cabbage prices. No wonder Cheung Kong Futures is making a lot of money from Tin Shui Wai.

After paying the deposit and confirming the specific boundaries of the land, Li Jianhui gave full authority to the public relations manager Zhou Jiayi and asked her to take charge of Tseung Kwan O affairs.

That evening, Li Jianhui took the children's toys he bought specially in the afternoon and headed to Causeway Bay.

Because my predecessor was young and not very sensible, I always felt that it was because of my family that my eldest sister married Zhang Guangwen, who was more than ten years older. I thought that my eldest sister was not happy, and I always disliked this eldest brother-in-law deep down in my heart.

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Li Jianhui, who had just traveled through time, was affected by the memory of his previous life and thought that his eldest sister had wronged him for the sake of his family, so he was not too cold towards Zhang Guangwen.

Only during this period of time, through getting to know him, did I realize that it was actually because my predecessor thought too much.

Although Zhang Guangwen is 16 years older than Li Chunxue, he loves Li Chunxue very much. Over the years, Li Chunxue has taken good care of his family, and he has never complained. Even if Li Chunxue wants to buy a house for Li Jianhui, he has not the slightest objection.

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Li Chunxue herself has never felt that she has any grievances. She has a husband who loves her and two well-behaved and lovely children. Although there is no romantic love, she lives a very warm life.

In Li Jianhui's view, this eldest brother-in-law is completely up to the standards of a good man. He does not flirt with women outside, is able to tolerate his wife's behavior towards her parents' family, and often takes time to spend with his family.

Moreover, the eldest brother-in-law's business acumen is also not simple. If he hadn't been able to make money, he wouldn't have been able to let Li Chunxue spend millions to help her family.

At the age of fourteen, he started running fishing boats with his family. When he was eighteen years old, he took a few brothers from the village and started making small bags at the construction site.

As time progressed, in 1965, Zhang Guangwen established his own construction company, Guanghua Construction.

This company has grown to include more than just contracting projects. Taking advantage of the real estate recovery last year, it has also invested in real estate development.

Li Jianhui came here specially today not only to visit his eldest sister and Qiyue and Zhitao, but also to prepare to hand over the Huihong Industrial Park project to Guanghua Construction.

For Li Jianhui's arrival, not only Li Chunxue was very happy, but the two children were even more happy. Especially after receiving Li Jianhui's toys, they called each other very kindly.

Zhang Guangwen was equally happy that Li Jianhui came and greeted him very warmly to sit down.

While the eldest sister was preparing dinner in the kitchen, Li Jianhui said to Zhang Guangwen: "Brother-in-law, I don't know if your construction company is busy. I have a project here that I want to hand over to your company."

Xiangjiang real estate has been on the rise again in the past two years, and Guanghua Construction has also acquired a piece of land for real estate development. It is impossible to say that it is not busy.

But since there is a project, he will naturally not turn it away. If there are not enough staff, the company can just expand its recruitment.

In the past few days, he had also heard Li Chunxue talk about some things about Li Jianhui and Huihong Game Company. To be honest, he had never thought that Li Jianhui could create such a big career. Judging from what he knew, it would not take long.

, Li Jianhui’s assets will exceed his.

He knew that Li Jianhui was planning to build an industrial park in Tseung Kwan O. Now that Li Jianhui has mentioned the project, it is estimated that the land in Tseung Kwan O has been acquired.

He is also relatively clear about the factory plan in Huihong Industrial Park, and Li Chunxue specifically asked him to refer to it.

Including production workshops, dormitories, canteens and other buildings, the entire project is estimated to cost more than 100 million Hong Kong dollars. This is already a very large project for Guanghua Construction.

After Zhang Guanghua responded that there was no problem, Li Jianhui said with a smile: "Brother-in-law, don't worry about funds. I have already borrowed 300 million Hong Kong dollars from Daoheng Bank. Everything can be done according to the normal contract."

People are more popular than others. He has been in business for so many years. Guanghua Construction has grown from a small company with less than 100,000 Hong Kong dollars when it was founded. After so many years of development, it has become a well-known real estate company with assets of nearly 100 million.

However, when Guanghua Jianye was asked to find a bank for a loan of HK$300 million, no bank was willing to give him a loan.

As for Li Jianhui, Huihong Gaming Company is only less than half a year old, and its assets are far from reaching HK$300 million, but its potential has won the recognition of the general manager of Dao Heng Bank and is willing to lend it such a huge amount of funds.

On the other hand, it can be believed that Daoheng Bank's valuation of Huihong Game Company has exceeded 500 million, or even 1 billion Hong Kong dollars, so it dared to lend Huihong Game Company 300 million Hong Kong dollars.

Of course, this is because Zhang Guangwen does not know the specific profits of Huihong Game Company, so he is very surprised.

You must know that Huihong Game Company is only responsible for the game Xiangjiang Cube. As of last weekend, the total order volume has reached more than 21,400 units. This week is likely to break the highest sales volume of a single Atari arcade game.

Excluding all costs, including headquarters staff salaries, the average profit from each arcade machine is at least US$320.

As of last week, the game Xiangjiang Cube has made a profit of US$684.8, which is HK$35.6 million in Hong Kong dollars.

In addition, Pac-Man has received orders for more than 5,000 units in just two days. It can be predicted that this is another game with sales as good as Xiangjiang cubes.

In addition, Li Jianhui was less than seventeen years old, and his performance potential made Feng Jingyao willing to place a heavy bet on him, completely tying the Feng family to the giant ship of Li Jianhui.

If it were another person, it would be impossible to obtain such a huge loan, unless it was someone who had a big boss guarantee behind him.

Zhang Guangwen naturally would not talk about business with outsiders, and he was not willing to make any money from Huihong Game Company on this project.

Li Jianhui didn't want his brother-in-law who had been helping his family to suffer too much, so he insisted on paying the market price.

The two were in a stalemate over this issue for a long time. Finally, Li Chunxue came out of the kitchen and asked both of them to take a step back. Guanghua Jianye must make profits, otherwise the business would not be possible, and even relatives would not be able to do this.

But it doesn’t need to be based on market profits. Huihong Game Company will not default on funds and pay according to the project progress, saving Guanghua Construction a lot of trouble. Guanghua Construction’s net profit will be 5%.

Both Zhang Guangwen and Li Jianhui felt that this was not good, but Li Chunxue had already made the decision, so they agreed to proceed this way.

In order to thank Zhang Guangwen, Li Jianhui also told him about his plan to develop commercial real estate in Tseung Kwan O, and asked him to purchase a part of the land next to his commercial land, and then everyone would develop it together.

Zhang Guangwen did not expect that his brother-in-law was so wild at heart that he would just build an industrial park and actually prepare to build a new city by himself.

As a shrewd real estate businessman, he is very aware of the impact that the Fai Hung Industrial Park will have on Tseung Kwan O once it starts operating. He is even more aware of the impact that good hospitals and schools there will have on local real estate.

Especially with MacLehose's promise to increase the allocation of transportation infrastructure in Tseung Kwan O, Tseung Kwan O will definitely be a hot spot for real estate development in the future.

Once the news of the establishment of Huihong Industrial Park spreads, I am afraid that the price of land in Tseung Kwan O and surrounding areas will immediately skyrocket. Being the first to settle in at this time will bring extremely considerable benefits to Guanghua Construction.


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