How can I justify myself as a Magnate if I don't indulge myself? Chapter 354 - 166: Two hundred million is nothing to us2

After getting off the car, Gu Heng smiled kindly at the employee who had opened the door for him...

Though the employee’s gesture was sowhat obsequious, it indeed maximized Gu Heng’s mood...

However, Gu Heng had experienced enough of these pretentious monts and didn’t take it too seriously. He brushed off the non-existent dust on his clothes, looked straight ahead, and walked directly towards the entrance of the conference center.

Shu Yan and Tu Yong closely followed on either side of him, while Jiang Ruxue, carrying a docunt bag, followed behind. The company’s other managers also followed in an orderly manner based on their rank...

Seeing this scene, the surrounding pedestrians stopped and watched until Gu Heng entered the conference center, and then they began to whisper.

"What’s the deal with them? It’s like they’re filming a movie..."

"What else could it be? Today is the final eting for the Yangcheng International Race Track project. With such grandeur, it must be the companies involved in this project investnt!"

....

As Gu Heng and his group entered the conference center, a middle-aged man with several staffers ca forward to greet them...

"Mr. Tu, Miss Shu, good afternoon."

If it had been a normal day, Tu Yong and Shu Yan might have casually accepted the middle-aged man’s greeting, but today was different. Tu Yong and Shu Yan quickly and simultaneously stepped back slightly behind Gu Heng.

"Chairman Gu, this is Director Lu from the Municipal Engineering Reception Departnt."

After speaking, Tu Yong addressed Director Lu: "Director Lu, this is our IDE Capital’s Chairman Gu Heng, who has just arrived in Yangcheng City from the capital to attend this eting."

The subtext was telling Director Lu that today’s main person was not himself, but Gu Heng standing before him.

Director Lu quickly caught on and hurriedly spoke to Gu Heng: "Chairman Gu, hello."

Gu Heng waved his hand: "No need for formalities, Director Lu."

"Chairman Gu, all the companies involved in this eting have already arrived early and have been arranged in room number 8. There are about 10 minutes left before the eting starts, shall I lead you to the eting room now?"

"Then please, Director Lu, lead the way."

"You’re too kind, Chairman Gu."

After speaking, he made a gesture of invitation to Gu Heng and then walked ahead to lead the way.

A few minutes later, the group followed Director Lu to the door of eting room number 8.

Standing to Gu Heng’s right, Jiang Ruxue was quick and opened the door to the conference room for him; everyone imdiately stopped and waited for Gu Heng to enter first.

Gu Heng smiled at the thoughtful Jiang Ruxue, then walked straight into the conference room.

Won like Jiang Ruxue, who hold themselves in high regard, are just like this...

If she looks down on you, she won’t even spare you a glance.

But if you can impress her in an area she prides herself, like Gu Heng had, she instantly becos obedient and sensible...

Currently, the conference room was already filled with many people, with the person seated at the head likely being today’s host and the departnt responsible for the Yangcheng International Race Track project, the Yangcheng Housing and Urban-Rural Developnt Bureau.

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The leader and middle-aged man was indeed the Director of the Yangcheng Housing and Urban-Rural Developnt Bureau, Lin Hansheng.

Upon seeing Gu Heng enter, Fu Songyang and Lu Yuan, who had been chatting with their subordinates at the conference table, both smiled and nodded at Gu Heng, an expression reserved and restrained by the formality of the occasion...

"Sorry for being late; I apologize for keeping everyone waiting."

At this mont, Tu Yong once again reintegrated Gu Heng’s identity.

The seated Lin Hansheng also stood up with a smile: "Welco Chairman Gu for taking ti out of your busy schedule to attend this eting."

IDE Capital currently holds the largest share of investnt at 20%, aning that aside from the Yangcheng governnt, IDE Capital is the second-largest shareholder, of course, deserving special attention.

Even Xiaopeng Automobile, which is fast approaching a market value of nearly 100 billion, only secured a 15% share, with the remaining 15% divided among Lu Yuan, Fu Songyang, and a local Yangcheng enterprise.

Besides the project perks, the fact that Gu Heng could invest such an amount shows that he is a tycoon worth billions, if not more. His standing allows him to sit at an equal level with Lin Hansheng or even above him.

After a round of polite small talk, Gu Heng and more than ten employees from IDE Capital were seated at the secondary positions at the conference table.

As the giant clock in the eting room chid, the final eting for the Yangcheng International Race Track project officially began...

...

...

"Our Yangcheng International Race Track project regarding investnt shares and total capital has been finalized after four etings.

The total capital is 185 billion, with our Yangcheng City governnt contributing 85 billion for a 50% share, INDULAE Capital Managent Co., Ltd holding a 20% share with a 40 billion contribution, Xiaopeng Automobile holding a 15% share with a 30 billion contribution, Capital Hengxiang Yongrui Trade Co., Ltd holding a 5% share with a 10 billion contribution, Tianhe International Automobile Trading Co., Ltd holding a 5% share with a 10 billion contribution, and Yangcheng Heavy Industry & Urban Construction Co., Ltd holding a 5% share with a 10 billion contribution.

Regarding the shareholding and investnt ratios, I presu there are no objections from the company representatives?"

Gu Heng had been aware of these investnt ratios since half a month ago...

As for the Yangcheng City governnt investing 15 billion less, Gu Heng could understand.

After all, issues like relocation and mobilization require governntal credibility, which counts as a contribution of resources, and is acceptable.

Seeing everyone’s approval, Lin Hansheng turned the eting content to the next page, slowly starting: "Now we move to the first item on our agenda, profit distribution."

"The Yangcheng International Race Track is the second in the nation to have the FIA’s approval to host F1 events. We’ve already completed the application with the FIA, and the subsequent construction will also be supervised by the FIA.