The Strongest Business Tycoon
44 financial situation

Young Mast

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Soon, it was January 1969.

Gu Ji Pastry Company, Chairman's office.

Gu Mingxuan was listening to Hu Yanni's year-end financial report.

"Ah Xuan, in the past year, Gu Ji Pastry Company made a total profit of 38.5 million Hong Kong dollars. According to your instructions:

Nine million was used to purchase 18 branch stores in Xiangjiang City.

12 million was transferred to Nine Dragons Real Estate.

3.5 million yuan was transferred to Hong Kong Logistics.

2.4 million to buy five dim sum shops in Aomen;

One million yuan was given to the employees as a year-end bonus;

There was still 10.6 million Hong Kong dollars left in his account.”

After Hu Yanni reported the financial situation of Gu Ji Pastry Company, Pan Yingzi sat in Gu Mingxuan's arms.

"Chairman Gu, up until now, the company has purchased a total of eight plots of land, including Sham Shui Po District Land No. 2, Sham Shui Po District Land No. 5, Guan Tong District Land No. 5, Tu Men District Land No. 6, Central and Western District Land No. 3, Tai Po District Land No. 1, Yuan Long District Land No. 4, and Sai Kung District Land No. 6. The total cost is 11.27 million. After deducting the salaries of the employees, the company only has less than 500,000 Hong Kong dollars left in its books.

Since the establishment of Hong Kong Logistics for more than a month, it has purchased a total of seven cars, nine buses, and 76 bicycles. It has rented 18 warehouses in Hong Kong and hired a total of 113 employees. It has successively accepted the transportation orders of Gu Ji Pastry Company, Xiangjiang Seafood Co., Ltd., and Nianfeng Rice Store. Excluding the daily operating expenses and employee salaries, the total profit is-210,000 Hong Kong dollars. Currently, there is only 870,000 Hong Kong dollars left in the book."

Pan Yingzi reported to Gu Mingxuan about the recent developments of Jiulong Real Estate and Hong Kong Logistics.

Jiulong Real Estate had no plans to make a profit at this stage.

Hong Kong Logistics only lost 210,000 yuan in the first month. This was a little out of Gu Mingxuan's expectations. It seemed that they could continue to develop steadily according to their original plan.

"How's Da Rong Hua recently?"

Gu Mingxuan suddenly asked.

"Pfft ~"

Pan Ying Zi laughed out loud as if she had heard something funny.

"Hehe ~"

Even Hu Yanni couldn't help but laugh.

"Sister Yanni, what's so funny?”

Gu Mingxuan asked, puzzled.

"Ah Xuan, Da Rong Hua threw away a million expired mooncakes some time ago. This matter was even on the news! It was said that Da Rong Hua was now heavily in debt, and there were raw material merchants who came to collect debts every day.”

Hu Yanni also began to gloat.

As the CEO of Gu Ji Pastry Company, nothing made Hu Yanni happier than defeating her opponent.

She really wanted to laugh when she saw Da Rong Hua's misfortune.

"Not only that, but I also heard that the Hong Kong and Shanghai Bank has already announced that if Great Glory still doesn't pay off its debts, it will auction off the eight Great Glory shops in its hands.”

Pan Ying Zi added.

"Eight shops?"

Hearing this, Gu Mingxuan's interest was piqued." Sister Yanni, what do you think about buying Da Rong Hua?”

"Ah Xuan, we already have an account. Why do we have to buy Da Rong Hua?”

Hu Yanni was puzzled.

"Sister Yanni, think about it carefully. Our Gu Ji has always taken the middle to high-end route, and the price of desserts is often more expensive than other shops. On the other hand, Da Rong Hua was the exact opposite. It started off with a low-end route. Although Da Rong Hua's market share is not as big as Gu Ji's, we have to admit that it is indeed much stronger than other pastry brands."

Seeing that the two of them were listening attentively, Gu Mingxuan continued,""Once we acquire Da Rong Hua, we will be able to take over the famous snack brand, Rong Hua. In this case, Gu Ji and Rong Hua, with one brand higher and one brand lower, can help us control the dessert market better!”

Hu Yanni and Pan Yingzi felt that Gu Mingxuan's words made sense, but it was a little difficult to put them into practice.

Now, everyone in Xiangjiang City knew about the grudge between Liu Peilin and Gu Mingxuan.

Liu Peilin probably wouldn't sell his company to Gu Mingxuan so easily!

"Chairman Gu, your idea is not bad, but it is too difficult to acquire Da Rong Hua. The person that Liu Peilin hates the most is you, so why would he sell the company to you?”

Pan Ying Zi said.

Hu Yanni nodded in agreement.

"Isn't that simple? Just find a middleman!"

Gu Mingxuan smiled.

"A middleman?"

Hu Yanni thought for a moment and asked,"Then who is suitable?"”

"Sister Yanni, who do you think is the most suitable?”

Gu Mingxuan retorted.

"How do I know who is the most suitable? However, if it was suitable, wouldn't it be fine to just find an unfamiliar face?”

Hu Yanni replied.

"Hehe, actually, Zi has already mentioned a candidate. I've thought about it, and he's indeed the most suitable!”

Gu Mingxuan kept her in suspense.

"Me? When did I say that?"

Pan Ying Zi pointed at herself in confusion.

"Ah Xuan, don't keep me in suspense. Who's the most suitable person? Just tell us directly!"

Hu Yanni said impatiently.

"Hehe, didn't Zi say that the Hong Kong and Shanghai Bank was going to auction off Da Rong Hua's shop?”

Gu Mingxuan smiled.

"Hong Kong Bank?"

Hu Yanni and Pan Yingzi looked at each other. This was the first time they had heard of using a bank as a middleman.

"That's right, the Hong Kong and Shanghai Bank is the most suitable middleman!”

.......

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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