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On the huge dining table.

Gu Bai and Li Zhun sat facing each other.

Gu Bai picked up a piece of Jinling’s signature dish, Jinling salted duck. Although the salted duck looked like white-cut chicken with its purely white at, making it seem like it would only taste good dipped in sauce, the reality was quite the opposite. The salted duck was evenly flavored, rich but not greasy, fragrant and delicious, definitely qualifying it as one of Jinling’s signature dishes, especially since it was ticulously prepared by the Shangri-La’s head chef.

"Brother Zhun, can you tell now why you ca to Jinling?"

Li Zhun heard Gu Bai’s words and smiled slowly.

"I don’t mind telling you. I’m sure you’re aware that the dostic real estate industry is going through upheaval. Leading real estate companies are already preparing to transform, like Wanda, which has now shifted on a large scale towards the global theater industry, thoroughly transforming heavy assets into light assets. The Wanke Group has also started focusing on property and a series of urban supporting services.

Although our Nanshan Real Estate can’t compare with these companies nationwide, its influence in East China is no less than theirs. We can also foresee future turbulence in the real estate industry. So this ti, I’m also representing the first step in our Nanshan Real Estate’s transformation as a test."

Gu Bai’s fingers gently tapped on the table.

The sensitivity of these industry giants is undoubtedly very acute. Gu Bai was aware that the future Hengda would once be in crisis. Although Hengda’s crisis was caused by Boss Xu’s overconfidence, from another perspective, if there is no transformation attempt, could Hengda’s example happen to other real estate giants?

At this thought, Gu Bai couldn’t help but ask: "So which direction do you plan to transform towards?"

Li Zhun hesitated a bit after hearing Gu Bai’s question.

"Of course, if it’s a business secret, you don’t have to tell . I’m just a little curious."

Seeing Li Zhun’s hesitation, Gu Bai said with a smile, nonchalantly.

"Actually, it’s not sothing that can’t be said. After all, the group started making plans for this transition two years ago. Anyone with a little interest could find out."

"What is it?"

"Car manufacturing!"

Upon hearing Li Zhun’s words, the soup that Gu Bai had just drunk almost sprayed out.

The first consideration when Hengda Group began its transition was also car manufacturing, but Boss Xu’s ambition was too vast, fitting the famous online saying, "only children make choices, adults want it all!"

As a result, Hengda Automobile was tragically turned from the first step in transition into a sideline by Boss Xu, as the step was too large, causing risks, and laying a huge hidden danger for the later giant company, Hengda Group.

But Gu Bai was not startled because of that, rather it was because the plan of Nanshan Group was surprisingly consistent with his own next step layout.

Seeing Gu Bai’s reaction, Li Zhun asked curiously: "What’s up?"

Gu Bai saw Li Zhun’s puzzled eyes and awkwardly smiled.

"What a coincidence..."

Li Zhun: "???"

"To be honest, our group’s next step is also planning to enter the car manufacturing industry..."

"Really?"

Li Zhun also put down his chopsticks, his face full of disbelief.

He knew very well that although Gu Bai’s Black Swan Group was now worth billions, it had risen too quickly and lacked foundation. In other words, the current industries of Black Swan Group are completely unrelated to car manufacturing. Their Nanshan Real Estate Group’s transition into the car industry was planned and prepared by the group for several years, but how could Black Swan Group do the sa?

Gu Bai understood where Li Zhun’s suspicion ca from as well and slowly smiled, "But the cars I plan to make might differ from traditional car manufacturing."

Li Zhun thought deeply for a mont, his gaze changing, and he looked directly at Gu Bai.

"Are you planning to enter new energy?"

Gu Bai’s expression remained calm, nodding slightly.

However, Li Zhun’s doubts did not dissipate because of this statent from Gu Bai. Instead, he continued to ask, "Are you serious?"

Gu Bai countered, "Is there a need for to deceive you?"

The two stared into each other’s eyes for a few seconds, only then did Li Zhun retract his gaze, sighing softly, "Old Gu, we’ve known each other for over half a year. I genuinely consider you a friend. I know I shouldn’t say this, but I still want to advise you.

Although I don’t know where your background cos from, judging by everything you’ve done since last September, it proves that you’re not short of money. You previously spent over a hundred billion on the charity sector. Although there were many doubts about you in the circle, one thing is undeniable. You’ve accumulated very deep political capital from this, and with a steady, solid developnt, your Black Swan Group absolutely had the chance to develop into a giant company worth a hundred billion, or even several hundred billion, in a short ti.

But whatever you do, don’t chase after trivial benefits at the cost of damaging your foundation."

Hearing Li Zhun’s words, Gu Bai was first stunned, then laughed dryly, "You wouldn’t think I’m getting into the new energy sector to swindle governnt subsidies, would you?"

"Isn’t that the case?"

Actually, Li Zhun’s speculation is not unfounded. Due to the governnt’s series of subsidies for promoting the new energy industry, the support is considerable.

According to Gu Bai’s understanding, in 2020 alone, the subsidies received by Tesla (Shanghai) and BYD together amounted to nearly 5 billion.

You are reading Growth-type Super Rich Chapter 346 - 242: New Strategies on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
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