Tao Liangchen

Chapter 579 Thirty Billion for Dad

First, Yin Liuli was sent back to Casino, 1997.

Su Yehao went back to the Su family mansion in Panlong Villa to see his father and his second concubine.

Although she wasn't his birth mother, he had lived with the second concubine for so long. They saw each other every day for a while, so they would exchange pleasantries from time to time.

But you couldn't say they were really close. The number of times they had met in the past two years could be counted on his fingers.

Su's father was having a great time in the mainland recently.

Not only had the value of the land he bought gone up, but he had also successfully promoted the reputation of the cultural tourism city. As a representative of the business community in Casino, 1997, he had undertaken several large-scale projects, including highways, office buildings, hotels, and old city renovations.

The old gambling king had always been the representative before, but the business he was engaged in… was not suitable for extensive publicity after all.

In this situation.

Coincidentally, Su Yehao's fortune and rapid increase in fame had benefited Su's father and Seahills International. As a result, they became representatives of the Casino, 1997 business community.

The construction industry was Su's family's old business. In addition, they happened to receive some policy support.

Seahills International's construction team, together with several Hong Kong colleagues, jointly invested in the acquisition of several construction companies in the north, as well as a batch of cement, sanitary ware, and wall building materials factories, totaling more than a dozen, half of which were concentrated in Fochuan.

In total, more than 300 million Hong Kong dollars had been spent, and it was planned to inject no less than 500 million Hong Kong dollars, which could barely be regarded as helping to solve some bad debts and providing thousands of jobs.

As for whether the original management of these companies would thank Seahills International for helping them out, it was hard to say.

According to Su's father, the situation of several companies was actually quite good, but their accounts were a mess. They were able to pick up the slack at a low price.

If you were to ask what the problem was, Su Yehao had certainly heard about it.

It could only be said that there were too many people trying to profit from the situation these days. They probably didn't expect Su's father to get involved. In response, Su Yehao only suggested directly replacing the original management team, reorganizing it, and then considering the capital injection.

At this moment.

Su's father waved his hand and said lazily:

"Don't you think about how many years I've been in business? Do I still need you to teach me this? I've already prepared it. As long as I gain a firm foothold, I'll immediately let those people leave with severance pay. I'm investing in these companies to make money, and the management must be my people, and supervision must not be a matter of saving trouble. By the way, let's have lunch at home together?"

The second concubine also said, "Yes, yes, you're working hard outside all day long. You seem to have lost a little weight."

Hearing this, Su Yehao certainly knew why he was eating and drinking well, but couldn't gain weight. He awkwardly explained, "It may be that the food in Europe and the United States doesn't suit my taste. I still have some business matters to attend to when I return to Hong Kong later. Let's eat next time."

Without forcing him, Su's father nodded and asked, "I saw the news in the newspaper that you have sold all the Yahoo stocks you invested in?"

"Yes, the market is still okay. If it continues to rise, I'm worried that the market will suddenly turn cold. At that time, investors won't have confidence, and it will be difficult for me to run away with the scale of my holdings."

Su Yehao took a sip of tea and smiled:

"Now I have more than 20 billion Hong Kong dollars lying in my account. I originally planned to pay off part of the bank loan, but they are not in a hurry to let me pay it back, so I am even less in a hurry. Dad, how big is the funding gap on your side? While I have money in hand, I'll lend you some at nine out of thirteen."

"Lend?"

Looking at his son sideways, Su's father considered for a few seconds and said:

"Fifty billion is not too little, and one hundred billion is not too much. The residential project in the cultural tourism city can wait, but the shopping malls and office buildings near Guomao in Si Jiu City had better be built as soon as possible to collect rent while labor and building material costs are cheap. From last year to this year, labor costs have already been rising, mainly because construction is going on everywhere and there are not enough people."

After hearing this, Su Yehao disagreed with his statement and explained:

"You also said that there is a shortage everywhere. Judging from the previous output, it is estimated that cement, steel bars, glass, and hardware are also increasing in price."

"From the perspective of market supply and demand, I suggest waiting for two or three years. By then, production capacity will expand and compete with each other, which may not be more expensive than it is now. Besides, even if the office building is built, who will you rent it to?"

"If you follow my idea and take the money to invest in several outstanding real estate companies, they should be short of money. As long as your cash flow remains healthy, I will transfer it to you when you are short of money for development… How about I give you 3 billion Hong Kong dollars this time?"

Without even thinking about it, Su's father nodded immediately, so happy that he couldn't close his mouth: "Okay, this money will be considered your filial piety to me. It cost a lot to raise you so big."

"Huh? Are you feeding me US dollars every day? Can you spend so much as 3 billion?"

After saying that, he rolled his eyes.

Su Yehao had promised his father before that he would give him a large sum of money at the end of the year, which is why Seahills International had the confidence to successively take over the Guangzhou Cultural Tourism City and the commercial real estate project next to Guomao in Si Jiu City.

The second concubine listened from the side, with a smile on her lips.

At the second concubine's level, she no longer cared about food and clothing. She was concerned that the father and son were becoming more and more powerful, which made her feel good about herself.

Now, when she goes out to play mahjong, even the gambling king's concubines try to matchmake and marry the younger generation of their families to Su Yehao, saying things like climbing the social ladder.

This face is several floors higher than it was two years ago.

Su Yehao sat in the living room with his father and talked about the development plan of Cyberport and Silicon Harbor, and also mentioned the rapidly developing Country Garden Real Estate Company, as well as his desire to build a new Chinese-style garden.

In the blink of an eye, more than an hour passed.

It could be seen that his father was already a Buddhist, and apart from helping to check for omissions, he no longer tried to interfere with Su Yehao's business.

Or rather, Su Yehao's height had already surpassed his father's.

As a result, this father had no way to intervene, for fear of giving the wrong advice by accident.

Taking the Silicon Harbor and Hong Kong Wafer Foundry idea as an example, it seems to be a real estate project, but it is closely related to R&D and manufacturing. It involves the deployment of many high-tech industries, which Su's father does not understand at all.

He used to like to remind his son not to spend money indiscriminately, but now he is too lazy to mention it.

Because even if he lost all the more than 20 billion Hong Kong dollars in hand, what would happen? Yanwenzi Group, Internet companies, and Hong Kong land are still quite valuable when added together.

Sometimes, when he thought about it, Su's father was also a little scared, and felt that fortunately his son had his own way and didn't listen to his and his child's mother's nonsense.

Otherwise, the loss would be at least as high as tens of billions of dollars, wouldn't he regret banging his head against the wall?