Chapter 118: Chapter 118 Regret
“It seems his name is Xu Yang, yes, Xu Yang, that’s the name, he’s a young man. I met him when we handed things over, he went to the South American aluminum mine,” Ye Ping said.
“I’ve never heard of this person,” Chen Ankang furrowed his brows.
“Right, I heard that he’s also the owner of the very popular ‘River Bottom Scoop’ restaurant chain that’s all the rage these days. The young people nowadays are really something,” Ye Ping said.
“What!” Chen Ankang exclaimed once again in shock.
The owner of ‘River Bottom Scoop’ has recently become well-known in the investment circle.
He acquired ‘Yu Huo Homeland’ and renamed it ‘River Bottom Scoop,’ creating an ultimate service-focused hotpot brand—this has been an excellent investment case.
Many prominent investors have said that the owner of ‘River Bottom Scoop’ is definitely a business prodigy.
It turns out that it was the owner of ‘River Bottom Scoop’ who acquired the aluminum mine and made a profit of 1.555 billion.
“Old Chen, stop being so dramatic. Do you have anything else? I’m going to hang up if there’s nothing more, I’m busy,” Ye Ping said.
“Nothing else. Let’s get together sometime when you have a chance,” Chen Ankang said.
After ending the call and putting down the phone, Chen Ankang’s expression was incredibly sour.
“Dad, you had such a big reaction just now, what happened?” Chen Guanglei asked incredulously.
Chen Ankang didn’t speak but instead took a deep breath, opened the webpage, and looked up information about the aluminum mine in South America owned by Fengkai Mining.
He found that, as Ye Ping had said, the owner of ‘River Bottom Scoop’ bought it for 50 million and after discovering deeper aluminum resources, sold it back to Fengkai Mining for 1.6 billion.
Several of Fengkai Mining’s main leaders were disciplined.
Confirming the authenticity of this information, Chen Ankang’s expression grew even more sullen.
“Dad, what’s going on? You’ve got to talk to me,” Chen Guanglei was getting anxious.
“The aluminum mine in South America owned by Fengkai Mining…” Chen Ankang explained the situation.
“What! Acquired for 50 million, sold for 1.6 billion! A net profit of 1.555 billion!” Chen Guanglei couldn’t help but cry out in astonishment.
“I missed a chance to make a fortune,” Chen Ankang said with a bitter face.
His net worth was just over 3 billion.
1.555 billion, almost half of his fortune.
If he had listened to his friend and invested in acquiring that mine, that 1.555 billion would have been his.
Unfortunately, he didn’t listen to his friend, but his son’s smooth talk, and acquired a guild instead.
Although the guild could also make money, compared to the 1.555 billion, it seemed quite insignificant.
“Who on earth is so lucky!” Chen Guanglei gritted his teeth.
“It was a young man named Xu Yang,” Chen Ankang said shaking his head in bitterness.
His regret was overwhelming.
He regretted not sticking to his own judgment and being swayed by his son, thus missing out on a lucrative opportunity.
“What, Xu Yang!” Chen Guanglei exclaimed again, “Dad, are you sure? You’re sure it was Xu Yang?”
“Yes, my friend said it was a young man named Xu Yang. Why, do you know this person?” Chen Ankang asked.
“It can’t be possible, absolutely impossible, how could it be him! It must be someone with the same name!” Chen Guanglei shook his head repeatedly, unwilling to believe it was Xu Yang.
At first, Xu Yang was the object of his disdain, even though Xu Yang made money by speculating in futures and picking up bargains.
Chen Guanglei still looked down on Xu Yang.
Lately, after Xu Yang acquired ‘Yu Huo Homeland’ and renamed it ‘River Bottom Scoop,’ and his investment in ‘War Leopard,’
He mocked Xu Yang in front of Zhao Yulu…
He called Xu Yang a fool, saying only a fool would make such investment moves.
After learning that Xu Yang had acquired Fengcai Guild, and the guild made more than two billion in sales from live-streaming on New Year’s Day with a net profit of tens of millions, he went from looking down on Xu Yang to envying him.
Apart from envy, there was regret, after all, he also wanted to acquire Fengcai Guild initially but thought he could drive down the price and buy it cheaper.
Because of this, he missed the opportunity to acquire Fengcai Guild.
Lately, with ‘River Bottom Scoop’ becoming a huge success, his envy had turned into madness.
Jiang Di Lao is not something the Fengcai Guild can compare with.
As long as there are no accidents, the market value of Jiang Di Lao will undoubtedly soar rapidly, surpassing Kai Xuan Investment.
Chen Guanglei’s net worth will also skyrocket rapidly.
By then, it won’t be just me looking up to Xu Yang, even my old man will have to look up to him.
Chen Guanglei also wanted to learn from Xu Yang; recently, besides paying attention to the acquisition of Jia Sheng Guild, he was also looking for other investment opportunities, hoping to find a chance to make a big profit.
He wanted to surpass Xu Yang through his own investments.
But now the news has just come out that Xu Yang has made over ten billion, and he really didn’t want to believe it.
“Do you know this Xu Yang?” Chen Ankang asked with a frown.
“I know a Xu Yang, but it can’t be the same person you’re talking about. How could he possibly be that lucky?” Guang Lei said.
“My friend said, this Xu Yang is the owner of Jiang Di Lao. The Xu Yang you know, isn’t he the owner of Jiang Di Lao?” Chen Ankang inquired.
“What! It really is him!” Guang Lei exclaimed in shock once again.
The owner of Jiang Di Lao!
It’s confirmed! It’s the Xu Yang he knew!
“It seems you really do know this Xu Yang. He’s indeed an extraordinary young man. Since you know him, you should cultivate good relations with him. I believe it’ll be beneficial for you,” Chen Ankang said.
He was not aware of the relationship between Chen Guanglei and Xu Yang, nor did he know that Xu Yang was also the owner of the Fengcai Guild.
Otherwise, he would not have said that.
After all, Chen Guanglei had already expressed his intention to present a sizable gift to the Fengcai Guild.
This was going to be a move to suppress the Fengcai Guild.
“He’s just a country bumpkin from a county town. He doesn’t deserve me making efforts to be in a good relationship with him.”
Chen Guanglei’s face turned sour, and he hurried out the door.
He was really feeling upset and needed to go out to clear his mind.
Going to a club to find a model seemed necessary.
“Ah…” Chen Ankang sighed deeply, shook his head, and sat back in his executive chair, “Fifteen hundred and fifty million, just like that, slipped through my fingers. It seems I should not have listened to my son in the future, but it’s a relief that the investment in Jia Sheng Media is profitable, which does compensate for the loss a little.”
…
On the 29th day of the Lunar year, at nine in the morning.
Xu Yang, along with Zhao Yuxin and Zhao Hai, returned to their old home in Cang County.
They drove a Rolls-Royce Cullinan.
Many people were going home for the New Year, resulting in traffic congestion on the roads.
It wasn’t until 5:30 in the evening that they finally got home.
Xu Yang’s parents were waiting downstairs just like when he returned during the Mid-Autumn Festival.
And there were also many neighbors around.
Everyone already knew about Xu Yang’s return.
They came to join in on the excitement.
After all, Xu Yang was someone who drove a car worth tens of millions.
As soon as the Rolls-Royce appeared in everyone’s sight, they knew Xu Yang had arrived.
“Xu Yang is back.”
“Indeed, it’s a car worth tens of millions; its presence is just different.”
“Tsk, when this car enters the neighborhood, all other cars pale in comparison.”
“I’ve already inquired, this is the first Rolls-Royce Cullinan purchased by anyone in our county.”
“Is there a need to ask about such things? It’s common knowledge even without asking.”
“That’s right, even the richest family only has a five-million Bentley.”
The crowd discussed among themselves.
