Chapter 406: 3 Years, Development

Chapter 406: 3 Years, Development

Chapter 406 Three Years, Development

To become the richest man in the country, he would have to open fast food restaurants all over the country! He is now.

Of course, this refers to the obvious figures. If we include those hidden rich people, the number would be much lower.

Then again, he is also a hidden rich man because most of his money is not in China.

Let me put it this way, more than 90 percent of his money is currently being earned in the Japanese country.

After the Plaza Accord is signed, he will withdraw the money, and by then he probably won’t even know how much money he has.

You know, his wealth has been growing over the years!
And this does not include domestic growth. As for how much it has grown, he really doesn’t know, but it’s definitely a lot.

Time passed day by day, and in the blink of an eye it was the year 1982.

During these three years, Li Jiaming's companies, hotels and other businesses have all developed greatly.

First of all, there are restaurants. Whether it is Chunfeng Pavilion, Xiayue Tower, or Qiurizhai, there are more than a dozen of them.

But these restaurants are all in the city. Yes, after three years of development, the imperial capital has changed a lot.

The current area is equivalent to the area within the Third Ring Road in later generations. Similarly, the restaurants under his name have also been opened in the newly built area.

The next step is to open one restaurant in the remote districts and counties. At least one restaurant must be opened in each district and county. This means not just one restaurant, but one restaurant in each of the three districts and counties.

Of course, hotels will also follow the construction of the imperial capital. Hotels will be opened wherever the imperial capital is built.

As for the assets of these three hotels, at present, the net assets are at least 150 million.

Don’t feel that it’s too little, it’s only 1982!
Besides, this net assets refers to the true value of these three hotels and does not include invisible value.

Let me put it this way, if he is willing to sell it, I guess someone would be willing to pay 500 million, or even more.

He won't go public. Besides, the stock market was only piloted in 1989 and started in 1990.

So the values ​​we are talking about now are all real values.

One hundred and fifty million! You have to know that even in the imperial capital, it is rare to find a millionaire, so what does one hundred and fifty million mean?

In addition to restaurants, there are fast food restaurants. After three years of development, there are now more than 7,200 such restaurants across the country.

Let me put it this way! Even the poorest counties have one, and some municipalities have hundreds, such as Guangzhou and Shanghai.

Some provincial capitals have more than 30 such companies, and each prefecture-level city has a dozen or even more than a dozen.

Everything was done according to the plan he had made before. All the houses used to open stores were purchased, and not a single store was rented.

The most important thing is that Li Jiayi did not invest much money to open these fast food restaurants.

The reason why so many stores were opened and they were able to be opened all over the country in just three years is mainly because fast food restaurants are so popular and so profitable.

Yes, it is just too profitable, there is nothing we can do about it! The profit margin of this fast food is too high, it is a bit scary.

But one thing is that when Li Jiayi opened a fast food restaurant, he also launched a beverage, yes, it was Very Cola.

Also, this Feichang Cola is also produced by the beverage factory jointly opened by him and his second uncle.

Now all the fast food restaurants under Li Jiaming sell Feichang Cola, and the result is that Feichang Cola is available all over the country.

As for the fast food restaurant's current net assets, to be honest, no one probably knows how much it is worth.

Yes, even he himself didn’t know, more than 7,200 stores! All of these stores were bought.

Nowadays, housing prices change not only every day, but every year, so he really doesn't know how much it is worth.

Of course, this is still talking about net assets, because a large amount of money earned by these fast food restaurants is deposited into the bank every day.

Let's put it this way! Now his monthly income from the fast food restaurant alone is no less than 500 million.

This is after paying taxes, including the addition of new stores. If no new stores are added, the monthly profit will have to double.

He finally realized how profitable this thing was. No wonder foreigners opened so many of these fast food restaurants in the country later on.

But now that we have his Delicious, I wonder if McDonald’s and KFC can still come in.

I guess it would be too late even if he came in, because he has almost occupied the market.

If KFC had waited until 1987 to come in, it probably wouldn’t even have been able to drink soup.

Because by 1987, there will be more Meiziwei stores, especially in some big cities.

Moreover, when Li Jiayi planned to open this fast food restaurant, he had no intention of leaving any soup for the fast food.

Xuri Real Estate Company is the company he and Xu Huizhen jointly opened.

Because this company will not distribute dividends within ten years, it has developed rapidly in the past three years!

There are currently seven properties under construction, and two more properties have just been completed and are now being sold out.

Let’s put it this way, the net assets of Xuri Real Estate Company will definitely not be less than one billion.

Of course, this includes the land owned by Xuri Real Estate Company.

Moreover, land accounts for a large part of the company's assets. In the past, land was cheap, so the company had been hoarding it. It even bought land as long as there was money in the account, which led to its current assets.

In fact, it is the same now. As long as the company has spare money in its account, it will use it to buy land.

Although land is expensive now, how much more expensive can it be? Can it be compared with the future? Definitely not!
The reason for this is that Xu Huizhen has tasted the sweetness of buying land. Let's put it this way! If it weren't for the large amount of land in hand, the net assets of the Sunrise Real Estate Company would probably not even be 200 million.

Anxin Transport Company currently has 20,000 tricycles and currently has a monthly revenue of over 600,000 yuan.

Yes, this income is not high, but don’t forget that the company didn’t invest much money in the first place!

In fact, he had no intention of making much money when he started this company, he just wanted to increase the income for his brothers.

Besides, the annual net profit is about 5 million. Even if he takes half of it, the remaining half will still be more than 2 million.

Divided among thirty-one people, each person would earn around $80,000 per year.

This does not include what they earn in fast food restaurants. If that were included, the amount would be much higher.

Besides, it is not the right time yet. Li Jiayi originally thought that the Daihatsu van should be produced in 1982, which is this year, but he remembered the time wrong.

In fact, the Daihatsu van was produced in 1984 and the Santana was produced in 1985.

After the Daihatsu vans and Santana are produced, it will be the time for Anxin Transport Company to make money.

Although Anxin Transport doesn't make much money now, for now, he is the one who makes the greatest contribution to the entire imperial capital.

The contribution is greater than any other company under his name. Don’t forget that Anxin Transport has more than 20,000 employees!

These 20,000 people mean more than 20,000 families, which indirectly supports so many people!

Also, although the company doesn’t make much money, the employees do! And it also solves the problem of travel difficulties.

In addition to these companies, there are companies that I have partnered with my eldest brother-in-law, second brother-in-law and brother-in-law. My eldest brother-in-law's food factory currently produces several kinds of instant noodles. As for the brands, there are Hualong, Master Lin, Uni-President and so on.

That’s right, although they are produced by the same factory, there are three brands. Among these three brands, Hualong is the cheapest and most affordable instant noodles.

Hualong does not have barreled noodles, all noodles are packaged, and the price ranges from 20 to 50 cents.

The Uni-President brand has both bagged and bowl packaging, with prices for bags ranging from 50 cents to 1.5 yuan, while barrels are 2 yuan.

As for Master Lin, it was named after my eldest brother-in-law’s surname and is also the main product of the food factory.

The price is naturally a bit higher.

In addition to instant noodles, the food factory also produces some small foods, such as beef and mutton patties, spicy strips, Tang Monk meat, drooling noodles and so on.

They are all small snacks that cost from a few cents to ten cents, and they sell out the fastest.

After all, children can't get a lot of money, but a few cents is nothing to them.

At present, the net assets of the food factory are about 800 million yuan, and this does not include the profit!
You know, the food factory has made a lot of money in the past two years! Li Jiayi alone received a dividend of three or four hundred million.

This is because a portion has to be left for developing the food factory, otherwise the share would be larger.

In fact, if a factory or company is not listed, it does not have much assets.

Now is not like the later times. At least the land is valuable. If you take the land into account, any company or factory can be worth hundreds of millions.

It’s not possible now! The land is not valuable now. Although it has increased a lot in recent years, compared with later generations, it is almost the same as it has not increased at all.

The beverage factory that I have a partnership with my second uncle currently mainly produces mineral water, as well as cola, black tea, green tea and fruit juice.

Mineral water is the main one, so it is produced the most, and then it is Fanta Cola.

Maybe it’s because of the price! Although it has been sold all over the country, it is still much less than mineral water.

Sales of black tea, green tea and fruit juice are even lower.

Especially fruit juice, there is no way, the fruit production is low now!

If Li Jiayi hadn't been taking fruits out of the space and sending them to the factory, it is estimated that production would be impossible now.

Even though the orchard in the space is not big, it produces fruits 365 days a year!
The sales volume is not particularly good, so it’s just barely enough.

It will be fine in a few years. You know, my second uncle bought a lot of land in the suburbs of the imperial capital and in Beihe Province, which is right next to the imperial capital, to grow fruits.

But even so, the beverage factory now has a net asset of over 1 billion yuan. As for why it is so much, of course it is because of the land.

In addition, the beverage factory brought Li Jiayi a lot of dividends, even more than the food factory.

There is no way. Selling water has always been the most profitable. The cost of producing goods is high, but the cost of producing water is not much.

Not only that, water also has the highest profit margin. Take mineral water for example, the bottle is more valuable than the water.

The last one is the real estate company that I partnered with my brother-in-law.

Because of the large registered capital, my brother-in-law has been buying land in the past two or three years and has developed many real estate projects.

The real estate company's net assets are now at least over 2 billion, even after dividends were distributed.

Let's put it this way! Not counting his investment in the devil's country, just the investment in China, including dividends and assets in recent years, his net worth is now over 10 billion.

This does not even include the storefronts and courtyard houses he had previously purchased in the capital. After all, these were previous investments.

He is worth tens of billions! This is 1982, and you should know that the annual GDP of the country is only 538.3 billion.

In other words, his wealth alone is equivalent to one-fiftieth of the country's annual GDP.

Let me put it this way! If there is a rich list in China at this time, he is definitely the richest man.

Of course, this is what is said on the surface, but he will not participate in any rankings.

Are you kidding? If he were to participate in the rankings, it would be chaos.

If you don’t want to be included in the rankings, the easiest way is to not have your company go public, because going public requires making financial statements public.

If you are not listed, these do not need to be disclosed, and no one else knows how much your company is worth.

As for those people on the rich list, to be honest, their wealth is really fake, because their wealth is calculated according to market value.

You know, the market value of any listed company is dozens of times its price-to-earnings ratio!

Moreover, as stocks rise and fall, one's wealth also rises and falls.

After a busy day, when I got home, my mother had already prepared dinner.

But it was only him and his parents, because Lin Ling'er was still in the hotel and hadn't come back yet.

"Son, I will go back to Lijia Village with you every day."

"Uh! Going back to Lijia Village? Mom, isn't tomorrow Sunday? Aren't you going to work?"

"I, your mother, will officially retire today. I will go to Lijia Village tomorrow to bring my eldest grandson back."

"Ah! Mom, you're retired?" Li Jiayi asked in surprise.

"Yes, starting from tomorrow, I, your mother, will be a pensioner and can send the children to school at will."

"That's great."

You should know that their eldest son, Li Zhe, is already twelve years old this year and is now a third-year junior high school student studying in Liucun Commune.

This is only because of the age limit, otherwise there would be no problem in going to high school.

It can also be seen from here that he had received good enlightenment from his grandparents since he was a child.

The reason why we limit his age is mainly because we don’t want him to go to college so early. At least one has to be an adult to graduate from college!

My daughter Li Ying and my youngest son Li Fan are also nine years old this year and are in the fifth grade in Lijia Village.

The three children’s household registration is all in the city, so it is easy for them to come back to school and no procedures are required.

Besides, with Li Jiayi's power, is it possible to let the children go back to the city to go to school?
"Then you should get ready. We will go there early tomorrow morning."

"Uh! Mom, aren't you a little too anxious? And are you sure you want them to come back?"

"Of course I am sure! They didn't matter in Lijia Village before, but now that I have retired, I must bring my eldest grandson with me no matter what."

"Okay then! I'll tell Ling'er when she comes back and see if she has time tomorrow. If she does, we can go together."

"Why are you pulling Ling'er? She is so busy every day."

"Mom, there is still time to go back to Lijia Village even if she is busy. Besides, she hasn't been to Lijia Village for a while."

(End of this chapter)