Chapter 12
If audio player doesn't work, press Stop then Play button again
15th March 2023.
After Chen Qiang has inherited, he then almost sold all the assets of the inheritance. Like the various stocks his father has, hotels, restaurants, resorts, estates, belongings, etc. He got around $1.2 billion from it as his father's assets were really high, mainly from belonging such as credit.
He also makes Zhang Kai to loaned using his connections to the various bank, he almost gets 4 Billion RMB or around $590.000.000. The interest was scary though, all of it has been around 10-15% and he has had to pay it in 4 years. Although he doesn't need to worry about that. Still, it made him uncomfortable every time Zhang Kai looked at him, his gaze was really scary.
He just leaves some business in Shanghai to give for Zhang Kai eldest son's Zhang Mu, who has been managing those since his father still lives. Although he can also sell it too, he didn't want to make Zhang Kai discontented to him.
While the 10% shares he had of the Duwei group were auctioned to all members of shareholders.
Because Zhang Kai has told them since two months ago, the process was very smooth as the rest of the majority shareholders were getting impatient to swallow another chunk to gain dominance in the group.
This made a lot of sensations, in and out of the company. There a lot of people have set their sights in this share, such as the banks and a lot of people with bad intentions too. But all of their plans now were just nonsense.
They think Chen Qiang will continue his father's shares. Because you must know that the Duwei Company as the fiftieth largest company in China is not just for show or fame.
Although the Duwei group has revenue of around $28 billion, the profit was only a mere $1.2 Billion on last year as costs such as taxes and operations were very high. So every year he can only get $80.000.000, as he also has to pay personal taxes.
The most important part of the Duwei group is not the profit, but the stock itself as the market cap of the Duwei group is $26 billion. And it is still slowly rising and rarely drops. Made it be something worth investing in.
Chen Qiang would gain more advantage if he sold it not just to all the members of shareholders of the Duwei Company.
But as long as the price is not bad, he would be ok with that.
He didn't want to make unnecessary trouble, like making the company get hostile to him. Although, he was not afraid of their retaliation. It is only a useless matter, maybe he would get more money but that would take his precious time too. So he just auctioned it to the company.
The shares were successfully auctioned and made his 10% shares turn into $2.6 Billion.
Right now he has money around $3.8 billion from his father's inheritance, $590 million from loans and $70 million from his assets. He made a total $4.46 billion dollars! A fantastic number for ordinary-rich peoples.
Right now he can initiate his plans anytime. He has also laid the easiest plan such as registered a wholesale market company and contacted many long-lasting types of food plants.
He ordered many legal armored vehicles such as 5 Conquest Knight XV $600.000/unit, 15 Paramount Marauder $485.000/unit, 20 Renault Sherpa $272.000/unit, 20 Oshkosh L-ATV $250.000/unit, some armored trucks, and motorcycles. However, he has to get a background check to get some of it.
Although the cost of it only sums up to $21.800.000, the spare parts from all of it almost easily double the spending. It turned out to be $35.200.000.
He really wanted to make his private defense enterprise, so he could make the arsenal full of arms, IFV, artillery or even tanks. Alas, this country banned the private and only allowed state-owned.
Zhang Kai has also been negotiating with the place where he wants to build his 'home'.
While he agreed to the Da Hongli plan such as increased the people he offered to follow him, using the firm connections where he worked, to get the various firearms as long he offered enough money.
He can even get illegal weapons easily. After all, this country was one of the major weapons exporters, and private military companies also must have channels to get illegal weapons. They would not survive in this industry if only using the limited weapons the government has set as they need the advanced weapon to get on par with the various local or international firms.
Regarding these, he has not set a limited budget. It was only limited to as many weapons Da Hongli could take.
.....
These months he was always with his pets and his sister as if the share is not his while Zhang Kai gets very busy because of it.
One month ago his sister officially quit from their school and always stuck near him with his puppies.
He gave Xiao Er to Chen Xi and Xiao Wu to Chen Qing, they were all female shepherd dogs. He wants the puppies he gives to be a personal guard and companion for his sisters.
Although since before the auction Da Hongli is always with them, he will not always be on their side. After all, he has many matters to handle. So he gave it to them.
Occasionally his sisters train them personally with his help. His sisters' pets now also stay with them. Now in their house, there are 4 dogs that would always give him a headache as his sisters could only play with them and cannot take care of them.
His sister has been training since they quit from their school. He also gets surprised when they continue to keep up with the training he gives.
Furthermore, he didn't expect that Chen Xi would be even more wholehearted than Chen Qing. As his words were the decree from his father.
While Chen Qing always seems excited when getting into the firearm training in the shooting range.
Well, honestly, at the start he had to show them the stern and cold part of him to his sisters when they were lacking. Making them regard him as the devil when they were training.
They did not dare to disobey him slightly and can only clench their teeth when training. After all, just his expression can make them more frightened than most horror movies, not to mention inhuman punishment from him.
However, it is vice versa when they were not training, Chen Qiang would be like a doll in front of them, as he cannot say no when he remembered their effort. So he got trashed here and then, doing what they were like.
Please report us if you find any errors so we can fix it asap!
15th March 2023.
After Chen Qiang has inherited, he then almost sold all the assets of the inheritance. Like the various stocks his father has, hotels, restaurants, resorts, estates, belongings, etc. He got around $1.2 billion from it as his father's assets were really high, mainly from belonging such as credit.
He also makes Zhang Kai to loaned using his connections to the various bank, he almost gets 4 Billion RMB or around $590.000.000. The interest was scary though, all of it has been around 10-15% and he has had to pay it in 4 years. Although he doesn't need to worry about that. Still, it made him uncomfortable every time Zhang Kai looked at him, his gaze was really scary.
He just leaves some business in Shanghai to give for Zhang Kai eldest son's Zhang Mu, who has been managing those since his father still lives. Although he can also sell it too, he didn't want to make Zhang Kai discontented to him.
While the 10% shares he had of the Duwei group were auctioned to all members of shareholders.
Because Zhang Kai has told them since two months ago, the process was very smooth as the rest of the majority shareholders were getting impatient to swallow another chunk to gain dominance in the group.
This made a lot of sensations, in and out of the company. There a lot of people have set their sights in this share, such as the banks and a lot of people with bad intentions too. But all of their plans now were just nonsense.
They think Chen Qiang will continue his father's shares. Because you must know that the Duwei Company as the fiftieth largest company in China is not just for show or fame.
Although the Duwei group has revenue of around $28 billion, the profit was only a mere $1.2 Billion on last year as costs such as taxes and operations were very high. So every year he can only get $80.000.000, as he also has to pay personal taxes.
The most important part of the Duwei group is not the profit, but the stock itself as the market cap of the Duwei group is $26 billion. And it is still slowly rising and rarely drops. Made it be something worth investing in.
Chen Qiang would gain more advantage if he sold it not just to all the members of shareholders of the Duwei Company.
But as long as the price is not bad, he would be ok with that.
He didn't want to make unnecessary trouble, like making the company get hostile to him. Although, he was not afraid of their retaliation. It is only a useless matter, maybe he would get more money but that would take his precious time too. So he just auctioned it to the company.
The shares were successfully auctioned and made his 10% shares turn into $2.6 Billion.
Right now he has money around $3.8 billion from his father's inheritance, $590 million from loans and $70 million from his assets. He made a total $4.46 billion dollars! A fantastic number for ordinary-rich peoples.
Right now he can initiate his plans anytime. He has also laid the easiest plan such as registered a wholesale market company and contacted many long-lasting types of food plants.
He ordered many legal armored vehicles such as 5 Conquest Knight XV $600.000/unit, 15 Paramount Marauder $485.000/unit, 20 Renault Sherpa $272.000/unit, 20 Oshkosh L-ATV $250.000/unit, some armored trucks, and motorcycles. However, he has to get a background check to get some of it.
Although the cost of it only sums up to $21.800.000, the spare parts from all of it almost easily double the spending. It turned out to be $35.200.000.
He really wanted to make his private defense enterprise, so he could make the arsenal full of arms, IFV, artillery or even tanks. Alas, this country banned the private and only allowed state-owned.
Zhang Kai has also been negotiating with the place where he wants to build his 'home'.
While he agreed to the Da Hongli plan such as increased the people he offered to follow him, using the firm connections where he worked, to get the various firearms as long he offered enough money.
He can even get illegal weapons easily. After all, this country was one of the major weapons exporters, and private military companies also must have channels to get illegal weapons. They would not survive in this industry if only using the limited weapons the government has set as they need the advanced weapon to get on par with the various local or international firms.
Regarding these, he has not set a limited budget. It was only limited to as many weapons Da Hongli could take.
.....
These months he was always with his pets and his sister as if the share is not his while Zhang Kai gets very busy because of it.
One month ago his sister officially quit from their school and always stuck near him with his puppies.
He gave Xiao Er to Chen Xi and Xiao Wu to Chen Qing, they were all female shepherd dogs. He wants the puppies he gives to be a personal guard and companion for his sisters.
Although since before the auction Da Hongli is always with them, he will not always be on their side. After all, he has many matters to handle. So he gave it to them.
Occasionally his sisters train them personally with his help. His sisters' pets now also stay with them. Now in their house, there are 4 dogs that would always give him a headache as his sisters could only play with them and cannot take care of them.
His sister has been training since they quit from their school. He also gets surprised when they continue to keep up with the training he gives.
Furthermore, he didn't expect that Chen Xi would be even more wholehearted than Chen Qing. As his words were the decree from his father.
While Chen Qing always seems excited when getting into the firearm training in the shooting range.
Well, honestly, at the start he had to show them the stern and cold part of him to his sisters when they were lacking. Making them regard him as the devil when they were training.
They did not dare to disobey him slightly and can only clench their teeth when training. After all, just his expression can make them more frightened than most horror movies, not to mention inhuman punishment from him.
However, it is vice versa when they were not training, Chen Qiang would be like a doll in front of them, as he cannot say no when he remembered their effort. So he got trashed here and then, doing what they were like.
15th March 2023.After Chen Qiang has inherited, he then almost sold all the assets of the inheritance. Like the various stocks his father has, hotels, restaurants, resorts, estates, belongings, etc. He got around $1.2 billion from it as his father's assets were really high, mainly from belonging such as credit.He also makes Zhang Kai to loaned using his connections to the various bank, he almost gets 4 Billion RMB or around $590.000.000. The interest was scary though, all of it has been around 10-15% and he has had to pay it in 4 years. Although he doesn't need to worry about that. Still, it made him uncomfortable every time Zhang Kai looked at him, his gaze was really scary.He just leaves some business in Shanghai to give for Zhang Kai eldest son's Zhang Mu, who has been managing those since his father still lives. Although he can also sell it too, he didn't want to make Zhang Kai discontented to him.While the 10% shares he had of the Duwei group were auctioned to all members of shareholders.Because Zhang Kai has told them since two months ago, the process was very smooth as the rest of the majority shareholders were getting impatient to swallow another chunk to gain dominance in the group.This made a lot of sensations, in and out of the company. There a lot of people have set their sights in this share, such as the banks and a lot of people with bad intentions too. But all of their plans now were just nonsense.They think Chen Qiang will continue his father's shares. Because you must know that the Duwei Company as the fiftieth largest company in China is not just for show or fame.Although the Duwei group has revenue of around $28 billion, the profit was only a mere $1.2 Billion on last year as costs such as taxes and operations were very high. So every year he can only get $80.000.000, as he also has to pay personal taxes.The most important part of the Duwei group is not the profit, but the stock itself as the market cap of the Duwei group is $26 billion. And it is still slowly rising and rarely drops. Made it be something worth investing in.Chen Qiang would gain more advantage if he sold it not just to all the members of shareholders of the Duwei Company.But as long as the price is not bad, he would be ok with that.He didn't want to make unnecessary trouble, like making the company get hostile to him. Although, he was not afraid of their retaliation. It is only a useless matter, maybe he would get more money but that would take his precious time too. So he just auctioned it to the company.The shares were successfully auctioned and made his 10% shares turn into $2.6 Billion.Right now he has money around $3.8 billion from his father's inheritance, $590 million from loans and $70 million from his assets. He made a total $4.46 billion dollars! A fantastic number for ordinary-rich peoples.Right now he can initiate his plans anytime. He has also laid the easiest plan such as registered a wholesale market company and contacted many long-lasting types of food plants.He ordered many legal armored vehicles such as 5 Conquest Knight XV $600.000/unit, 15 Paramount Marauder $485.000/unit, 20 Renault Sherpa $272.000/unit, 20 Oshkosh L-ATV $250.000/unit, some armored trucks, and motorcycles. However, he has to get a background check to get some of it.Although the cost of it only sums up to $21.800.000, the spare parts from all of it almost easily double the spending. It turned out to be $35.200.000.He really wanted to make his private defense enterprise, so he could make the arsenal full of arms, IFV, artillery or even tanks. Alas, this country banned the private and only allowed state-owned.Zhang Kai has also been negotiating with the place where he wants to build his 'home'.While he agreed to the Da Hongli plan such as increased the people he offered to follow him, using the firm connections where he worked, to get the various firearms as long he offered enough money.He can even get illegal weapons easily. After all, this country was one of the major weapons exporters, and private military companies also must have channels to get illegal weapons. They would not survive in this industry if only using the limited weapons the government has set as they need the advanced weapon to get on par with the various local or international firms.Regarding these, he has not set a limited budget. It was only limited to as many weapons Da Hongli could take......These months he was always with his pets and his sister as if the share is not his while Zhang Kai gets very busy because of it.One month ago his sister officially quit from their school and always stuck near him with his puppies.He gave Xiao Er to Chen Xi and Xiao Wu to Chen Qing, they were all female shepherd dogs. He wants the puppies he gives to be a personal guard and companion for his sisters.Although since before the auction Da Hongli is always with them, he will not always be on their side. After all, he has many matters to handle. So he gave it to them.Occasionally his sisters train them personally with his help. His sisters' pets now also stay with them. Now in their house, there are 4 dogs that would always give him a headache as his sisters could only play with them and cannot take care of them.His sister has been training since they quit from their school. He also gets surprised when they continue to keep up with the training he gives.Furthermore, he didn't expect that Chen Xi would be even more wholehearted than Chen Qing. As his words were the decree from his father.While Chen Qing always seems excited when getting into the firearm training in the shooting range.Well, honestly, at the start he had to show them the stern and cold part of him to his sisters when they were lacking. Making them regard him as the devil when they were training.They did not dare to disobey him slightly and can only clench their teeth when training. After all, just his expression can make them more frightened than most horror movies, not to mention inhuman punishment from him.However, it is vice versa when they were not training, Chen Qiang would be like a doll in front of them, as he cannot say no when he remembered their effort. So he got trashed here and then, doing what they were like.
