Becoming a Russian Oligarch After Rebirth
Chapter 414 Truth About Foreign Investment_1

Chapter 414: Chapter 414 Truth About Foreign Investment_1

In Wang Ye’s "past life" memory, this flour improvement factory was leased out two years after it was listed, or in 2003 if Wang Ye hadn’t intervened.

As for the specifics of the lease, Wang Ye didn’t know.

What he did know was that this flour improvement factory once became the largest and most profitable factory in the entire country—bar none!

With the nationwide popularity of flour enhancers, the products began to be in short supply.

At the peak of its glory, one of Wang Ye’s relatives had served as a sales manager in this factory. It was said that he could earn five to six hundred thousand just from sales commission in a year!

After a few years, he, who had been the poorest among his relatives, had become a millionaire everyone looked up to.

When the factory couldn’t sustain itself anymore, that relative had just bought a few properties in the provincial capital and retired...

Bear in mind that this was only around 2005, and it happened in the poorest area of the Zhongyuan Province.

It’s not hard to imagine how much money this flour enhancement factory could have made back in the day!

Of course, to Wang Ye, even if it’s a profitable factory, it’s still just small fry.

This amount of money was negligible to him.

The main objective was to find something for his father to do!

His dad was only in his forties and couldn’t sit still. Since there was nothing to do at the bureau, it would be a good idea to give him a factory to busy himself with.

Moreover, if the factory is profitable, he would have less stress about earning money and probably be in a good mood, wouldn’t he?

However, he couldn’t tell his father directly about these things. He would have to resort to a more "roundabout" method.

Wang Ye said with a smile, "Dad, don’t forget, the county and the region have been crazily wanting to introduce foreign investment these past few years, right?"

In those years, just the term "foreign investment" was enough to carry a halo anywhere in the country!

All sorts of preferential policies, all kinds of special privileges, there were more opportunities than you could ever think of...

His dad didn’t grasp it immediately, he didn’t understand what foreign investment had to do with him leasing the flour enhancement factory. He nodded, clearly puzzled, "That’s right, but the flour enhancer factory isn’t a foreign company. We can’t get any preferential treatments."

Wang Ye smiled, "What if you represent a foreign enterprise to acquire the flour improver factory? Wouldn’t that make it a foreign enterprise?"

Pretending to be a foreign investor was quite simple for Wang Ye!

This wasn’t tricking anyone. After all, it was Wang Ye who was providing the funds. It was foreign investment...

He could either register another company in Moscow and have that company acquire the flour improver factory.

Or he could directly have Xiao Ying Group’s domestic branch step in. Both options would definitely be considered foreign enterprises.

In doing so, not only would the flour enhancement factory be transformed into a foreign company and enjoy various preferential policies, but more importantly, it could also avoid a significant problem!

That is, how to explain the large amount of money Wang Ye’s dad suddenly has to acquire the flour enhancement factory...

Although his dad had been working for half his life and was relatively incorruptible, people could potentially aim for this if he wasn’t careful.

If someone wanted to make a big deal out of this and constantly reported him, that would certainly be quite nauseating.

...

His dad caught up now and knew why Wang Ye had insisted on making it a foreign company.

He nodded and said appreciatively, "At first, I doubted whether you were truly making money in business. Now I believe you! You think of some things even more thoroughly than me. It seems the business and money you claim to have earned should be true!"

Of course, his mom didn’t understand what they were discussing.

She said with worry, "Ah? Are you really going to take over that flour enhancer factory? I heard that factory lost quite a lot money. Why do you want to step into that mess when you have a runner-up position?"

His dad waved his hand in dismissal, "No, leasing is too unreliable. If the factory truly starts to make money, there would be a lot of disputes. If we really want to do it, I should quit my job and directly acquire the factory! Xiaoye is so talented in doing business, that must be due to my genes. It doesn’t make sense that I can’t manage one factory!"

He wasn’t just boasting.

Although he had served as a small leader his whole life and haven’t truly done business.

When it comes to capability of management, his reputation at the bureau is terrific; otherwise a person like him without any background—one that had offended the former director—couldn’t have become the deputy director.

"You... You’re getting ahead of yourself! You’re buying it directly. Do you know how much money that’ll cost? I hope you don’t waste all the money your son has just earned." His mom seemed to doubt his dad’s abilities.

His dad was immediately heated, he retorts, "What do you know! There are several factories and companies listed for leasing or selling at the bureau, such as the hemp spinning factory and the winery. But I didn’t mention those and only talked about the flour enhancer factory, because I see its potential! With the promotion of flour enchancers..."

He started spouting a bunch of industry-specific terms. Clearly, he was quite familiar with the flour-enhancing industry.

Wang Ye interrupted with a chuckle, "Okay, I also think you can manage a factory fine. Besides, we are not short of money now. Even if my two companies don’t make money and your factory loses money, the rent from my 300 pawnshops is enough to live comfortably!"

After mentioning those 300 shops, his parents didn’t argue anymore.

Indeed, those shops were like the magic cudgel—their strong and stable income source!

Just by relying on the rents of these shops, their family would have no worries about food and clothing in the future. So, what was there to worry about?

"Your swift decision to buy shops after earning some money really was inspired! You got such a huge bargain. You’re not only lucky, but also brave." His dad shook his head and admired.

Of course, his dad had never been to Moscow and didn’t know the situation there.

Therefore, he didn’t understand that without Wang Ye’s "past life" experiences, he wouldn’t dare to risk all his assets and buy those shops immediately!

You know, buying shops wasn’t expensive. What was expensive was the management fees to be paid every month after...

If the market didn’t show any signs of success, the monthly management fee for three hundred shops alone would be enough to bankrupt anyone!

...

And so, it was settled.

After the Spring Festival, his dad would go to the bureau and negotiate buying the flour enhancer factory under the name of the foreign investment.

They would say Wang Ye found an investor in Moscow, and the domestic representative was naturally Wang Ye’s father. The investors just needed to pay the money...

How to round up these things depended on his dad’s skills. But Wang Ye believed there won’t be an issue.

After eating, Wang Ye also handed over the gifts he brought back to his parents.

Having received bigger shocks before, they were now able to accept the mink coat, watches, and such with ease...