City Rebirth: Starting From Selling Gas Canisters
19 We all look down on decline

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Chen Daoping took a closer look. It was a repayment slip.

"I've already returned the five million," Chen Feijin explained.”

"You returned it?" Chen Daoping was a little confused." Why do you have to do this?”

Chen Feijin smiled and explained,

"To shut others up. Otherwise, how can I explain the money I spent on contracting the steel factory?”

"That's right. How did you get the money to contract the steel factory?”Chen Daoping asked.

"I took a leave of absence this time to buy a share purchase certificate in Shenghai," explained Chen Feijin patiently.”

"Didn't I report Zheng Guodong previously? The Discipline Inspection Committee found more than 8 million yuan and rewarded me with 10%. Unfortunately, I only got 700 thousand yuan.”

"I took 700,000 yuan and went to Sheng Hai to buy a share purchase certificate. With one purchase and one sale, I earned the money for contracting the steel plant.”

"After I came back, I went to the provincial party committee and told the provincial leaders that I wanted to contract the steel factory.”

His mother, Yang Yanmei, immediately questioned,

"You child, why are you fiddling with the purchase certificate with 700,000 yuan? Are you crazy? Why didn't you tell us?"

Chen Feijin could not help but roll his eyes.

"If I say it, will you agree?”

Mother Chen was stumped by the question. She asked herself, she would definitely not allow her son to waste this money.

However, as the nun of the family, she couldn't be weak in terms of imposing manner.

"So what if I'm not allowed? I'm your mother! It was only natural that his son's money was in the hands of his mother.”

Chen Feijin had an expression that said," I already knew."

"Mom, times have changed. This time, I went out and saw the outside world.”

"Living in the same world, the gap between people is getting bigger and bigger. "Take Shenghai and our Rong city for example. Shenghai's prosperity is far from what Rong city can compare to. All kinds of skyscrapers have risen from the ground, not to mention those developed countries abroad.”

"A man's ambition is to go anywhere. Your son and I don't want to live a well-behaved life. You might say that being ordinary is true, and being simple is a blessing. I want to say that that's the self-consolation of a group of Ah Q who have never seen the world.”

"It's as ridiculous as two farmers guessing whether the emperor uses a golden hoe to work.”

Her father, Chen Daoping, agreed with her, and so did her mother. However, she felt a little strange.

His father wanted to change the topic, so he asked,"

"How much did you spend to contract the steel factory?”

"Not much, just three million."

"What?" Mother Chen stood up from the stool." Three million isn't much for you?”

"Alright, you don't know how to earn money, but you know how to spend money. I'll beat you to death!”

As a result, dinner became exceptionally lively.

His mother asked Chen Feijin to hand over the rest of the money. Chen Feijin lied that he had spent all the money, but he was beaten up again.

Fortunately, Chen Feijin was experienced in this area and ran fast.

Chen Feijin understood his mother's good intentions. If it was in his previous life, he might have handed the money to his mother for safekeeping.

However, as a reborn person, he naturally knew how to spend money. For example, if he was reborn in 2010, the first thing he would do would definitely be to use all the money on hand to buy bitcoin. It didn't matter even if it was a scam, as long as he could cash out the money after the domestic trading website was closed.

But at that time, how many people had such courage?

Most people were unable to jump out of the limitations of the times.

The hundreds of millions in his hands might not be enough for Chen Feijin's plan.

The next day, the news of Chen Feijin borrowing five million yuan to contract the steel factory had spread throughout the entire Dongfanghong Machinery Factory.

In the eyes of ordinary people, Chen Feijin's behavior was simply crazy!

In the 1980s and 1990s, the Chinese were still more conservative. Once they had money, they would deposit it in the bank.

To them, loans were something that was out of their reach, and they were even very resistant to it.

Apart from the excellent tradition of thrift, the main reason was that the interest rate was too high. The annual interest rate of the loan was as high as 10%. Who would dare to take out a loan?

The loan interest rate was high, and the corresponding deposit interest rate was also high. For ordinary people, it was cost-effective to save money in the bank, especially in the early 1990s. The income of money in the bank was comparable to the appreciation of the yen.

Therefore, Chen Feijin only went through the motions. After the loan, he quickly returned it. Although he still paid a handling fee, in Chen Feijin's opinion, it was worth it.

Compared to the deposit income of more than 100 million yuan, the interest of a few days on the 5 million yuan loan was not worth mentioning at all.

At the same time, Zhang Changpeng walked into Huang Shengxing's office excitedly and said,"

"Uncle, have you heard? Chen Feijin borrowed the money from the bank. It's a total of five million! Do you think he's crazy?"

"I heard about it. That makes sense." Huang Shengxing nodded. Did bank loans become so easy now? If I knew, I should have tried it too."

Zhang Changpeng shook his head and said," I don't know if it's easy to get a bank loan, but I do know that the interest of five million yuan is at least five hundred thousand yuan a year. It's more than what I earn in my entire life."”

"Indeed, Chen Feijin's courage has somewhat exceeded my expectations. Newborn calves are not afraid of tigers. I'm not as good as him in this regard.”

Huang Shengxing paused and continued,"Do you think we can earn more than 500,000 yuan with the benefits of our lousy steel factory?”

Zhang Changpeng chuckled and said calmly,"Impossible, absolutely impossible. It's already good enough that they didn't lose money. Otherwise, why couldn't they even pay their salaries?”

Huang Shengxing thought so too. However, to be on the safe side, he decided to signal his subordinates not to place any orders for the steel factory for the time being.

As long as he ordered a reduction in purchase orders or lowered costs, the steel mill would not be able to survive.

As long as the steel mill continued to incur losses, even 50 million would not be enough to spend, let alone 5 million.

"At that time, that kid Chen Feijin will have to obediently get lost, and I can take over at an even lower price.”Huang Shengxing revealed a sinister smile.

At the same time, Chen Feijin had completed the handover of the steel plant.

The first person Chen Feijin met was Accountant Cai from the steel factory. His name was Cai Wangkai. He was born in the countryside and was an honest young man.

Chen Feijin felt assured to use such a person.

As the top manager of a company, there were two things that he had to grasp. One was the power of personnel, and the other was the power of wealth.

To put it bluntly, it was to control people and money.

For a poor company like the steel mill, as long as they could control their money, it would be much easier to control the steel mill.

After meeting with Cai Wangkai, Chen Feijin met with Wu Tianqi, the deputy director of the steel plant.

This person is also the second generation of the quad and has replaced my class.

The old factory manager had retired, so in theory, Wu Tianqi, the deputy factory manager, was in charge.

However, Wu Tianqi, the deputy director, had just taken office. He was nearly forty years old and did not know much about the factory, so they got along quite well.

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

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