The Ambitions to Conquer the Official Career
Chapter 229: Revitalizing Assets

Chapter 229: Chapter 229: Revitalizing Assets

Ji Yang had seriously studied the projects a few wealthy young men had initiated here; many of them now faced various issues. If Qingyuan Village was to revive, these projects needed revitalizing.

Of course, the leaders had sent him here with one purpose: to invest more effort in this matter. Only by helping the families resolve these issues could they extricate themselves smoothly.

The Chu Family also wanted to quickly disentangle themselves; that’s why they had asked him to address these lingering issues.

Perhaps relying on the bank’s power was necessary!

Upon careful analysis, these problems mostly concerned debts. The wealthy young men hadn’t used their own money; they didn’t have much money to begin with. They had simply leveraged their influence to secure loans from the bank. If someone could take over the debts from the bank, these young men could be considered free.

He decided to resolve the manageable issues first. As for the entertainment industries, Ji Yang would put them aside and wait until the major issues were resolved.

When the Chu Family had taken on the hot spring project, they had invested 50 million, followed by an additional investment of almost 10 million. In fact, the project had never really started. If he planned to take it over, the main concern would be the 50 million that the Chu Family had borrowed from the bank, using the hot spring as collateral.

The Chu Family really played...

Ji Yang could only shake his head; if they couldn’t settle this debt, it meant the Chu Family had buried a landmine here.

No wonder they wanted to offload it as quickly as possible, as long as they could recover the 50 million loan.

Perhaps there was no need to spend money!

Ji Yang had a new idea — to let the Wu Family Sisters use the project in Huancheng Township as collateral to take over the debt.

With that thought, Ji Yang left the office and headed toward Wu Village.

Sitting in the car, he looked out at the bridge leading to Wu Village and couldn’t help but sigh; the bridge was now open, making the journey from the township to Wu Village much shorter.

The car stopped at Wu Changshan’s doorstep, and Ji Yang directly entered the house.

"Is Secretary Wu here?" Wu Changshan was in a good mood, feeling his daughter had chosen the right person; Ji Yang’s rise was indeed rapid.

"Brother, why are you here?" Wu Yu came out to welcome him.

Ji Yang replied, "I’m here to see your sisters."

Just then, Wu Mi also came over.

After everyone sat down, Ji Yang said, "So, the Chu Family has some properties here, right?"

"I know, besides taking ours, there are also real estate and some entertainment projects," Wu Mi was clearly informed.

Nodding, he said, "Shuyuan called me, saying that the Chu Family wants to offload their properties here quickly. For the projects like the hot springs and waterfalls, they just want to recover the money they’ve put in."

Wu Mi’s eyes lit up, "I just reviewed the hot spring project. They really haven’t done much. And during its operation, it was operated carelessly, becoming a playground for those young men; it almost turned into a brothel. When the authorities started to regulate, many projects there were shut down. If we take over, we have to reposition and renovate it."

Ji Yang asked, "Do you want to take it back?"

"I would like to, since I’ve done quite a bit there, but I’m out of money now."

Laughing, he said, "The project in Huancheng Township will definitely make money."

"I know it’s profitable, just that it needs more time."

Wu Yu also mentioned, "They almost did nothing at the waterfall; it’s such a waste."

Ji Yang asked, "If you use Huancheng Township’s project as collateral and take over the Chu Family’s loan from the bank, would you be willing?"

"That’s not possible either; taking over means we also need to invest funds for renovations and such, which require money."

"You don’t have to invest much for now, just about twenty to thirty million should suffice, right?"

"With that money, we can definitely do it, and with traffic now flowing smoothly, we won’t lack tourists. Plus, we can use media tactics for publicity; naturally, a lot of people will come."

Ji Yang then said, "That’s good, I’ll invite a company to join in the investment; you just need to give them twenty percent of the shares."

"How much are they investing?"

"Fifty million. With fifty million, the Chu Family’s projects can all be started."

Ji Yang had just checked his stock market account yesterday; he still wasn’t sure how, but the money in the stock market had doubled again. Sometimes Ji Yang wondered if he was just too lucky with stock investment.

Now, Ji Yang had 150 million in his stock market account, and he planned to use fifty million of it to join the Wu Family Sisters in taking over the Chu Family’s projects.

Mainly because Shuyuan had spoken, indicating the Chu Family was indeed in trouble. Being able to quickly solve their problems was also a good thing for him.

Wu Mi also trusted Ji Yang and said, "Since you’ve brought them in, we naturally have no problem."

"Don’t worry, they won’t interfere much; they’ll give you all the control and just take dividends. If you become financially stable, they will even transfer the shares to you."

"That good?"

Ji Yang simply smiled and said, "Trustworthy people."

"That’s settled then, we’ll do it."