How can I justify myself as a Magnate if I don't indulge myself? Chapter 328 - 157: Pang Donglai in the Financial Investment

Having finished speaking, Gu Heng turned his gaze to Tu Yong, "Mr. Tu, introduce to the progress of the project inspection in Yangcheng City in the past few days."

Upon hearing this, Tu Yong imdiately stood up and took out a docunt from his briefcase.

"Mr. Gu, after my inspection in the past few days, I have roughly determined the basic situation of the entire project.

Yangcheng International Race Track is a large urban construction project approved by the Yangcheng City governnt in February, with an expected total investnt of 17 billion. Currently, we have learned that the Yangcheng City governnt will likely invest 8 billion, holding about 50% of the shares."

The remaining 50% will be competitively bid by 21 enterprises.

However, this bidding has changed from the traditional mode. Due to the needed 3 million square ters of land acquisition for the race track, the governnt will handle the land acquisition; therefore, this ti it is not a division of labor bidding, but a unified capital bidding.

The so-called unified bidding ans that the successful bidding companies collectively fund the construction, with the funds primarily managed by the Yangcheng City governnt and monitored collectively by the companies.

In the past, layered investnt involved one company being responsible for investnt during a certain period or step, which was difficult for our company because as a start-up with IDE capital, our business resources are a significant shortcoming, making it hard to undertake construction...

But now with the unified capital bidding, I think this bidding model is very beneficial for our company. The unified capital bidding has high cash flow requirents for bidding enterprises. The minimum investnt stake reaches 1 billion in capital, which can filter out many companies with insufficient cash flow and also levels the difference between us and those established enterprises."

Gu Heng nodded slightly, "What share do you think our company can secure?"

Tu Yong stood up straight and declared, "With financial support, 20% is the baseline! If we cannot reach an investnt stake of 20%, I will resign imdiately and not take a single penny of salary from the company!"

"Agreed."

Seeing that Tu Yong had laid down a military order, Gu Heng didn’t beat around the bush and imdiately stood up, "The company currently has 600 million cash on hand; I will add another 400 million later, making 1 billion as initial funding!

In later stages, I will continue to invest in the company. Whatever you lack, I will add!"

I only have one requirent!

Secure the largest private share of the Yangcheng International Race Track project for !

Did you hear that?!!"

All stood up, responding loudly, "Understood!"

Gu Heng: "The next major project for the company is the Yangcheng International Race Track project. Whether you pull strings or use normal channels, any financial expenditure beneficial to this project will be approved!

All departnts in the company must unconditionally make way and cooperate with Mr. Tu!

The welfare benefits I provide you are double, or even more, than those of other companies, which I believe you are all aware of.

But you have also heard the saying that there is no free lunch. I am giving you such high benefits, so you must deliver performance that satisfies !

If you cannot deliver,

then I am sorry, Mr. Tu’s resignation is his own proposal, but I will overhaul the entire company!

All the previous investnts are considered water under the bridge, and if I can afford the headhunter’s commission, I can rebuild the company’s structure in three days!"

"Dismissed."

As Gu Heng left, everyone was either excited or anxious...

Excited about the welfare benefits that Gu Heng had offered...

Anxious about the last words Gu Heng had said...

They were all recruited by headhunting companies and did not doubt the truth of what Gu Heng had just said...

With such excellent benefits, none of them wanted to be dismissed...

Since they did not want to be dismissed, they would just have to work their hardest...

Gu Heng didn’t want to make empty promises, as people were already immune to them...

Now, he was reversing his approach by giving the benefits first to then stimulate their work morale...

But to say or not to say...

Looking at the crowd’s frenzied deanor...

It seed this thod was indeed effective...