Chapter 360 - Chapter 360 - 337: 500 Million Financing for Qi Guo’s Real Estate Company

"I’ll pass on that! The company’s business is mainly concentrated in Rongcheng and Jingyang right now, so there’s no need for a private jet. You have to realize that just the maintenance and the crew’s salaries are a significant annual expense!" Qi Guo glanced at the bodyguards who occupied more than half of the adjacent table and knew Wu Yun could definitely afford one.

Not dwelling on the private jet, Qi Guo asked instead, "If you’re buying a plane, will you still have money for the investment?"

Wu Yun mentally calculated his funds. He had 560 million in his personal account and another 670 million in Nirvana Investment’s account, giving him a total of over 1.2 billion.

Besides, he had a 50% off card for the plane, so he only had to pay 31 million US dollars, or 217 million Huaxia Coins (at a uniform exchange rate of 1:7).

This meant Wu Yun had just over one billion in disposable funds. What excited him even more was that the new system funds were about to arrive—another 1.215 billion would be credited to his account!

"Uncle Qi! Don’t worry! If you need it, I can pull out a billion right away!"

"COUGH, COUGH, COUGH... How much did you say?!"

"One billion."

...

After the meal, Wu Yun didn’t stay for tea. Instead, he went straight to Xingyun Media, played a game in his office, and later met up with Wu Ying, Jiang Xinyi, and Susan for a round of mahjong in the evening.

「Sichuan Pengfei Real Estate Development Co., Ltd. Conference Room.」

The large conference table, which could normally seat twenty, was now full. Some people even had to sit in a back row.

Wu Yun sat in one of the head seats, with Qi Guo sitting formally across from him.

Once everyone had arrived, Liu Wei, who was beside Qi Guo, stood up and said, "First, I’d like to welcome President Wu and our friends from Nirvana Investment!"

"Thank you all for your hard work investigating our company over the past few days. Some of our colleagues here may not know why you’re here."

Liu Wei then announced that the company would be seeking financing. Those who had already heard rumors showed no surprise, while the uninformed simply exchanged glances, waiting quietly for Liu Wei to continue.

"As everyone knows, the company’s operations are in excellent shape. Our annual revenue and profits have been on a steady upward trend."

"However, the Chairman has a new vision for our future growth, and that requires substantial capital!"

Liu Wei chuckled as he scanned the room. "And besides, President Wu is hardly an outsider—he’s the Chairman’s future son-in-law. So, this is basically making the family ties even stronger!"

Hahaha~

The people around the table immediately broke into laughter.

Liu Wei held up a hand to quiet the room. "Now, let’s hear Nirvana Investment’s assessment of our company."

Wu Yun nodded to Tang Hongjiang, who took the cue, stood up, and said, "President Qi, friends, after four days of due diligence, we have fully familiarized ourselves with your company’s data!"

"After analyzing your company’s financial statements from the past few years, as well as its current revenue, liabilities, cash flow, and profits, our firm has valued your company at 2 billion Huaxia Coins!"

Although business was business, on Wu Yun’s instruction, Tang Hongjiang and his team had given Qi Guo’s company a slightly generous valuation.

"Following President Wu’s decision, our firm has decided to invest 500 million Huaxia Coins in your company."

Even though they already knew their company’s valuation, the executives from Pengfei Real Estate couldn’t help but gasp when they heard the investment figure from Wu Yun’s team.

"However!" Tang Hongjiang’s word calmed the buzzing executives. "Since President Qi previously had 100% ownership, there was no established capital pool. Therefore, we request that 20% of the total shares be allocated to a capital pool for the company’s development, with contributions proportional to each party’s new shareholding ratio."

’Nirvana Investment is investing 500 million, which gets them a 20% stake in Pengfei Real Estate. Following the proportional rule, they would need to contribute 4% of the total company shares to the capital pool.’

"Those are our terms." Nirvana Investment’s conditions were incredibly lenient. After all, when Pinduoduo was raising funds, Wu Yun had been the one to provide all the shares for such pools himself.

In truth, this meeting was more of a formality than anything. The primary goal was simply to inform the company’s other senior executives of the decision.

Qi Guo had already resolved to agree to any terms from Wu Yun’s side, as long as they weren’t excessively harsh.

"Done! Let’s go with that!" Qi Guo decisively nodded in agreement.

Tang Hongjiang beamed. "President Qi! I will work with you to complete the share transfer as quickly as possible."

"As for the funds, our firm will transfer the money to your company’s account the moment the contract is signed."

"It’s a pleasure to be working with you!"

"The pleasure is ours! With this capital, we can start construction on five more projects at the same time!"

...

On the same day the financing was finalized, Qi Guo convened a company-wide meeting for all mid-level and senior employees. The first order of business was to introduce Wu Yun and Nirvana Investment; the second was to announce the new development strategy.

As soon as the rapid development strategy was announced, excited smiles spread across many faces. It signaled that the company would be hiring new staff, which meant promotions and raises were on the horizon for a good number of them.

After the meeting, Qi Guo invited Wu Yun to his office, and they even had lunch brought in to continue their discussion.

A large map of Rongcheng City was spread out on the coffee table, covered in markings made with three different colored pens.

"Okay! I’ve tentatively selected these locations. I’ll send a team to investigate the sale prices of these land parcels and assess any existing structures on them. They’ll have a preliminary report ready shortly!" Qi Guo said, capping his red pen and rubbing his temples.

Wu Yun pointed to Tianfu Avenue and the Jianzhou area on the map. "Uncle Qi, the areas along Tianfu Avenue and near the airport are top priorities! I think we should focus on them first. Near the airport, you can decide whether to build high-end residential communities or villas, but either way, there are height restrictions on buildings in that vicinity."

"Got it! I’ll send people to scout those two areas first. I can start the hiring process for new positions as early as tomorrow!" Qi Guo said with a smile, taking a sip from his personal teacup.

"Uncle Qi, feel free to look at other areas too, if you find good locations. I’m counting on you all to make the final call. After all, I’m just an amateur in this field and don’t know the first thing about it!"

...

After Nirvana Investment transferred the 500 million to Pengfei Real Estate’s account, Nirvana Investment was left with only 175 million in its own accounts.

「It was now March.」

After Wu Yun received his basic quota for the next three months—a total of 1.215 billion from March to May—his personal cash on hand surged to 1.7764 billion.

Wu Yun then immediately transferred 1 billion Huaxia Coins to Nirvana Investment, earmarking it for the upcoming payment for the jet and for future investments.

Naturally, by transferring 1 billion to Nirvana Investment, Wu Yun instantly gained 1 billion experience points.

Wu Yun looked at his character status: Level 7 (2.45367 / 20 billion), with 776.40 million remaining in his personal account.

He still had a long way to go to reach Level 8.

Professionals were in charge of handling the follow-up details of the financing, so naturally, Wu Yun didn’t have to concern himself with it.

Over the past two days, Wu Yun had begun preparing for his trip to the United States.

He even had Wang Hao book a private charter flight directly to the United States in advance.

He didn’t have that much to bring, but Wen Meng still managed to pack two full suitcases for him.

When he saw Wen Meng trying to stuff even more clothes into the luggage, Wu Yun quickly stopped her. "That’s enough! I don’t even know how long I’ll be in the United States. If I end up staying a while, I’ll just buy what I need there. It’s too much of a hassle to bring everything!"

Over the last few days, Wu Yun had also paid visits to several of his companies in Rongcheng for a post-holiday inspection.

The results were gratifying.

Perhaps because people had plenty of free time during the New Year holiday, domestic sales of Kunpeng Games’ PlayerUnknown’s Battlegrounds were up by 200,000 copies compared to January, for a total of 1.2 million sold.

Internationally, thanks to marketing efforts, sales reached 2 million users.

Galaxy Network’s Honor of Kings also showed a clear upward trend, much to the helpless envy of many other mobile games that had launched around the same time.

March 6th, the sixteenth day of the first lunar month.

After spending a few intimate nights alone with Wen Meng, Wu Yun and his entourage officially boarded the plane to the United States.

As he watched the buildings outside the window shrink into the distance, Wu Yun thought to himself, ’United States, here I—no! American girls, here I come!~’