RPAGF Chapter 339 Normal Business Operations
Chapter 339 Normal Business Operations
Lin Luoqi readily agreed: "No problem, I'll get on it as soon as possible."
The two discussed some details before parting ways.
Jiang Tiansheng returned to the Paramount Restaurant Company, hoping to see the effect of the previous advertising campaign on the company's stock price, but found that the effect was minimal.
He summoned the person in charge of advertising and promotion to inquire about the situation.
Jiang Tiansheng asked somewhat discontentedly, "We invested so much money in advertising, why hasn't the company's stock price improved at all? Was all that money wasted?"
The employee in charge of advertising looked troubled and explained, "Mr. Jiang, we have carried out comprehensive advertising according to plan."
But the market reaction was not obvious, and we didn't know what the problem was.
Jiang Tiansheng waved his hand: "Alright, you can go now."
Just then, Su Qishan, the manager of the information integration department, hurriedly walked in.
Su Qishan said, "Boss Jiang, I have some important news. The owner of the office space on the 6th floor of the Gongbei Xing Building is planning to put it on the market."
.........
Four companies have already contacted him, with the highest offer currently at 9.2 million yuan, but the owner's ideal price is 10 million yuan.
Upon hearing this, Jiang Tiansheng immediately perked up: "This news is just in time."
Make arrangements immediately; I want to negotiate with the homeowner personally.
In addition, I need to gather detailed information about the Gongbei Xing Building as soon as possible, including the leasing situation of each floor, property rights information, etc. I need to have a comprehensive understanding of this building.
Su Qishan responded and turned to go out to prepare.
Jiang Tiansheng began to think about the next negotiation strategy. The importance of this negotiation was related to the success or failure of the entire Gongbeihang Building acquisition plan.
Meanwhile, Dehe Real Estate Company also encountered problems.
The person in charge of the shop's partitioned business came to Lin Luoqi to report the situation.
The person in charge said anxiously, "Mr. Lin, recently our shop's partitioned business has encountered vicious competition."
Our competitors not only imitated our design and business model, but also drastically lowered their prices to steal our business, resulting in a significant decrease in our order volume.
After hearing this, Lin Luoqi also felt that the situation was serious, so he went to Jiang Tiansheng to discuss countermeasures.
Lin Luoqi said, "Boss Jiang, the business of partitioning shops in Dehe Real Estate is in trouble. If this continues, the profits will definitely decrease significantly."
Jiang Tiansheng pondered for a moment and said, "I've also noticed this problem."
It now seems difficult to reverse this competitive trend. We might as well consider gradually withdrawing from this business and shifting the company's focus to commercial building promotion.
After all, signals of land market adjustments are emerging soon, and the profit margins for commercial building speculation are gradually shrinking; we need to act quickly.
Lin Luoqi agreed: "Mr. Jiang, you're right. Then we'll gradually reduce our investment in the shop's partitioned business and concentrate our resources on the shopping mall's promotional projects."
The two discussed and agreed on the follow-up adjustments, then went back to make their own arrangements.
Jiang Tiansheng had just finished his work at the company when he received a dinner invitation from Bai Jinyan at Happiness Restaurant in Wan Chai.
Jiang Tiansheng looked at the information on his phone and began to have doubts.
He said to his secretary, "Bai Jinyan suddenly invited me to dinner, and I don't know what her purpose is."
I think she's trying to use connections to get into our business circle.
The secretary smiled but didn't say anything.
Jiang Tiansheng thought about it again. Although his impression of Bai Jinyan had declined, he decided to go to the appointment for the sake of their parents' relationship.
Around 6 p.m., as darkness fell, the city's neon lights began to flash.
Jiang Tiansheng arrived at Happiness Restaurant in Wan Chai. He arrived a little early, thinking he could familiarize himself with the environment first.
Just as I sat down at my reserved seat, Bai Jinyan arrived.
"Mr. Jiang, you're here so early," Bai Jinyan greeted him with a smile.
“Miss Bai, you’re punctual too,” Jiang Tiansheng replied.
After the two sat down, Bai Jinyan didn't beat around the bush and asked directly, "Mr. Jiang, I've always been curious about your motives for acquiring the Paramount Restaurant Company."
Besides, you're so young, do you have a family supporting you?
Jiang Tiansheng smiled and said vaguely, "Miss Bai, although I am young, I make all my decisions on my own."
The acquisition of Paramount was based on our belief in its potential and our desire to manage it well; there was no special family background to support it.
Bai Jinyan seemed unconvinced and asked again, "So what's your current investment situation? You can't just be focusing on Paramount, can you?"
Jiang Tiansheng thought for a moment and said, "I also invested in the stocks of Hang Lung Company and Jianing Group."
The stock market is volatile, and I'm still figuring things out.
Bai Jinyan's eyes lit up: "Stock trading is very interesting. Mr. Jiang, I'm also quite interested in this."
Furthermore, I see that the Paramount Company is doing quite well. Is there any possibility that I could be involved in the Paramount's business?
Jiang Tiansheng looked at her and said, "Miss Bai, it's not impossible to hand over the business to you."
However, you'll have to manage your relationship with Xiao Yuanrang yourself. He also wields considerable influence at the Paramount Company.
As they were talking, Li Bingjun and her best friend Zhang Yunshan walked into the restaurant.
Li Bingjun, with her sharp eyes, spotted Jiang Tiansheng immediately and pulled Zhang Yunshan over.
“Mr. Jiang, what a coincidence to run into you here,” Li Bingjun said with a smile.
Jiang Tiansheng was a little surprised and was about to speak when Bai Jinyan warmly said, "Since it's such a coincidence, let's sit together."
Although Jiang Tiansheng felt that the situation was somewhat sudden, he didn't know what to say.
So the four of them sat down together. Zhang Yunshan asked curiously, "What were you all talking about just now? It was so lively!"
Bai Jinyan said with a smile, "We were talking about Mr. Jiang's investment, and also the business of the Paramount Company..."
Li Bingjun also became interested: "Mr. Jiang, how is the Paramount doing now?"
I've heard there have been quite a few new developments recently.
Jiang Tiansheng could only patiently explain, "It's alright, just some normal business operations, trying to improve performance further."
At the dinner, the three women chatted amongst themselves, and Jiang Tiansheng could only respond cautiously.
One moment she's answering Bai Jinyan's questions about business, and the next she's responding to Li Bingjun and Zhang Yunshan's questions about life.
"Mr. Jiang, what hobbies do you have besides work?" Zhang Yunshan asked.
Jiang Tiansheng thought for a moment: "I'll read books occasionally to keep up with market trends."
Bai Jinyan then seized the opportunity to say, "Mr. Jiang is really dedicated to his work; no wonder he can run the Paramount Company so well."
After the meal, Jiang Tiansheng felt somewhat tired.
When it came time to pay the bill, even though he didn't want to, he still paid for it anyway.
As Jiang Tiansheng left the restaurant, he felt somewhat depressed, feeling that he had been dragged into this unnecessary social situation for no reason.
But he had no choice but to put these emotions aside for the time being, as important business matters awaited him.
The next day, Jiang Tiansheng went to the coffee shop of the Hilton Hotel in Central and met with Li Mengji, the owner of the office building on the 6th floor of the Gongbei Xing Building.
Li Mengji looks very capable and speaks very directly.
“Mr. Jiang, let me be frank. A buyer has already offered 940 million yuan. If you are sincere, please offer a reasonable price,” Li Mengji said.
Jiang Tiansheng was equally forthcoming: "Mr. Li, I am very sincere in my intention to acquire this office building. 940 million yuan is indeed not low, but I think this office building is worth 1000 million yuan."
Li Mengji: "Mr. Jiang, this price range is a bit too large. You need to give me a reason."
Jiang Tiansheng said earnestly, "Mr. Li, this building has an excellent location and huge potential for future development. I have a series of plans after the acquisition to further enhance its value. 1000 million yuan is definitely not a loss."
Li Mengji was silent for a moment, then said, "Mr. Jiang, you make a good point. But I have one more condition: the full amount must be paid in one lump sum."
Jiang Tiansheng didn't hesitate: "Okay, I agree. However, the transaction formalities need to be completed as soon as possible."
Li Mengji nodded and handed over the documents in his hand: "No problem. We'll complete the formalities in a bit."
Jiang Tiansheng took the relevant documents and breathed a sigh of relief. He then asked Li Mengji, "Mr. Li, you've been operating in this building for a long time. Do you know if any other owners have expressed interest in selling?"
Li Mengji shook his head: "Mr. Jiang, I don't have much contact with the other homeowners, so I'm not sure what they're thinking."
Jiang Tiansheng nodded, thinking that this was normal.
He understood that he couldn't rush to publicize the acquisition at this moment, as he planned to acquire more floors. Once the news spread, property prices would inevitably rise, making subsequent acquisitions much more difficult.
Li Mengji then took out another envelope and handed it to Jiang Tiansheng: "Mr. Jiang, this is the deposit and remaining rent for the tenant on the 6th floor, totaling 4.2 yuan. Please keep it safe."
Jiang Tiansheng accepted the envelope: "Thank you, Mr. Li. It's been a pleasure working with you."
Li Mengji stood up to take his leave: "Mr. Jiang, I hope you manage this office building well, and that we can cooperate again in the future."
Jiang Tiansheng watched Li Mengji's departing figure, tidied himself up slightly, and then got up and left the coffee shop.
As he walked, he pondered his next acquisition plan, knowing that every step was crucial.
Meanwhile, Lin Luoqi's investment in a residential unit at City One Shatin has made new progress.
He excitedly called Jiang Tiansheng: "Boss Jiang, the Shatin First City deal is done. We successfully acquired 8 units and paid a 2% down payment of 133 million yuan."
Upon hearing this, Jiang Tiansheng was also pleased: "Boss Lin, well done. How's the market response?"
Lin Luoqi said, "Market demand is very strong, and prices have already risen by 3%. However, Black & Decker Properties has announced that it is considering whether to launch seven more residential towers."
Upon hearing this, Jiang Tiansheng, relying on his memories from his previous life, felt a pang of anxiety: "Boss Lin, listen to me. Before the new units are launched, sell these eight units we have. Once the new units are launched, the market will definitely be sluggish."
Lin Luoqi hesitated for a moment: "Mr. Jiang, the price is still rising. Wouldn't it be a waste to sell so early?"
Jiang Tiansheng said, "Boss Lin, you can't go wrong by listening to me. The market changes quickly, so you can't be too greedy."
We've already made a profit from this price increase; it's time to take our profits.
Lin Luoqi thought for a moment and finally said, "Okay, Mr. Jiang, I'll listen to you and not take any risks."
After hanging up the phone, Jiang Tiansheng returned to the company and met with Lin Luoqi to discuss the acquisition plan for the Gongbeihang Building.