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Chapter 205: Family Meeting (Part Seven)

Translator: Atlas Studios Editor: Atlas

Hong Tianyun continued to talk about the detailed development plans.

“1. The background of the clubhouse. Tianhang is the political, economic, transportation, cultural, science, information, and financial center of Zhejiang. Five ASEAN Expos were successfully held there, and it has played an important role in promoting the development of economic and trade relations between the Heavenly State and ASEAN. Tianhang is developing rapidly. The progress of the times has driven the prosperity of the economy. At the same time, it has also changed the needs of people’s material culture and spiritual life. Major financial consortia, multinational corporations, and well-known brands have come to Zhejiang. Other than achieving great wealth, people have higher requirements for the quality of life. The change of mindset has driven the prosperity of society, and the high-end private clubs are the most representative product of this era.”

This was the reason why he intended to open a private club. The Tianhang that he spoke about, was probably Hangzhou on earth.

“Mu Tong Wine Cellar Private Club is a top private business club, and it was established after years of experience in the entertainment service industry and analysis of national policies.”

Following that were some professional rankings, such as advantage analysis, environment and hardware facilities, entertainment projects, long-term goals, and so on.

Two words emerged in Hong Dali’s mind when that was said—super cool! Thus have I heard at one time that the platonic ideal comes alive with toned hints, just like a Buddha preaching in the fog or a bodhi leaf at the mouth of a cave of enlightenment. Tears are shed from those who hear as they awaken and gain enlightenment. Indeed, he’s of excellent pedigree! Just a development plan gave Hong Dali an epiphany!

When Hong Tianyun finished his presentation, Hong Dali was lying on the chair in a daze and could hardly open his eyes...

Hong Tianyun only used slightly less than three minutes for his presentation. There were many others at the meeting, after all. If he had taken more time, it would take a very long time for everyone to do their presentations. Hence, it was one of the rules that everyone was allocated three minutes.

Hong Tu and the other elders chuckled and nodded. “Not bad, not bad.”

Hong Tianyun bowed and returned to his seat.

If according to formal procedures, it wouldn’t be so simple. But because there were too many descendants, everything had to be simplified.

Up next were the descendants specialized in different areas. Some were in the restaurant business, some were in the entertainment business, and there were even some in the pet and fashion business. All the industries one could think of, they were there.

The profit earned by these descendants were as high as 70% to 80% and as low as 20% to 30%. They shocked Hong Dali, who only managed to hear a few sentences among his sleepiness.

It was no wonder the family had grown stronger. These descendants were well-trained since young and were masters of their trade.

In the meeting, Hong Dali was probably the most relaxed. He didn’t think too much and just let nature take its course.

As the others stood up one by one, after more than ten people, it was finally the turn of the top genius of the family, Mu Yuxi, who was proud as a swan.

“The sixteenth contestant, Mu Yuxi.”

Hearing the announcement, Mu Yuxi slowly stood up from her seat, hearing whisperings all around. Various pairs of cold eyes stared at her, locked on her beautiful, cool, yet charming face.

Mu Yuxi was indeed a beauty. She may not be the prettiest, but the contrast between the coldness and charm on her face, her tall figure of 1.7 meters, put her in the spotlight. Another important point was that she was not just another pretty vase.

“Mu Yuxi, 24, outstanding member of the outer circle. She was ranked first in 2013 and won 100 million yuan of investment money. The current project evaluation is as follows: One five-star hotel, one high-class private club, one shopping center. Investment status: Hotel, 5.2 million invested. Annual return: 5.4 million. Private club, 1.3 million invested. Annual return: 1.2 million. Shopping center, 2.4 million invested. Annual return: 1.5 million. All remaining funds are being used as float. Final result: Annual return of 81%, equivalent to an increase of 5% of the total value. Please welcome Mu Yuxi as she presents her business proposal.”

Hearing the report, the other descendants were green with envy. “Oh, that’s admirable. To be able to increase her performance by this much. She will probably be the first again this year. With this progress, she will probably only need another three years to reach a total asset of one billion?”

“She’s indeed special in the family. It’s no wonder others are so supportive of her.”

Listening to the envy of the crowd, Mu Yuxi’s face remained cold with a touch of charm and started with her report. “In this coming year, I intend to strengthen the management of my existing projects. Before they become the best, I will not consider other investment projects for the time being.”

Followed by specific developments plans, including investment strategy, background introduction, project execution introduction, economic analysis, and so on.

After her presentation, Mu Yuxi bowed toward the Old Elders and slowly sat down with a confident smile.

After listening to Mu Yuxi’s presentation, even Hong Tu, who usually looked indifferent, revealed a smile. He said to Mu Yuxi, “Yuxi, you have done well. If you can increase your annual return to above 90%, you will become the second person in our family to achieve it below the age of 25!”

The first person who achieved that was Hong Dali’s father, Hong Weiguo.

Mu Yuxi quickly stood up and respectfully said, “I will do my best.”

Hong Tu nodded his head. “En, you may sit down.”

“See that? It’s awesome. She’s a genius.”

“Yes, she’s talented and beautiful. Aye, one really can’t compare.”

Hearing the hushed discussions of the descendants around, Mu Yuxi ignored the crowd and look toward Hong Dali’s direction.

It was a pity, she didn’t manage to see anything.

She sighed and shook her head helplessly.

She was now on a different level from Hong Dali. With Hong Dali’s performance, he could probably only barely save himself from being kicked out from the core level. And with her talent, her future was limitless.

Mu Yuxi secretly thought, Wait till I earn more money in the future, perhaps I will be able to secretly to help him.

The biggest reason why she was willing to take care of Hong Dali was that her rise was thanks to Hong Dali. In the past, Hong Dali loved to snuggle into her ** and teased. Thus, she became a familiar face among the top level of the family. Combined with her hard work, she was able to achieve all she had today.

When you drink the water, don’t forget about the one who dug the well. Mu Yuxi maintained the same care towards Hong Dali.

At this time, the MC announced the name of the next contender. “The nineteenth contestant, Hong Anbao!”

With everyone’s eyes on him, Hong Anbao slowly stood up. He bowed and quietly listened to the MC’s introduction.

“Hong Anbao, 22, placed sixth in 2013, received twenty million in investment funds. Current projects: One beverage company. Investment status: 3.5 million. Annual return: 2.9 million. Special mention: 2 million was contributed by the family. Additionally, acquired 2.5 million by selling property to Hong Dali. Total: 4.5 million. Final result: annual return of 64.4%, equivalent to an increase of 11% of the total value.”

Hearing the special mention, the descendants below the stage laughed out loud. “Hahaha, he actually made 2.4 million of investment funds by selling properties to the prodigal Hong Dali.” “Dali gave the funds to him so easily? He will only be scolded ** behind his back. It’s too funny.” “That’s right. Only the prodigal son is capable of something like this.” “Eh? Where is Dali? I saw him sitting there just now.”

Hong Dali lay on the bench with his clothes covering his face. “Hu... Hu...”

The descendants exclaimed. “Hahahaha, the prodigal son actually fell asleep!” “To think he was able to fall asleep at a time like this. He really doesn’t think much about anything!” “I was just wondering where he went. He was lying down, haha. Falling asleep at the family meeting, really...” “He has to sleep. Think about it, this meant he spent 2.5 million buying Hong Anbao’s property. This amount was added to the invested amount. He will probably be the last.” “En, that’s right. Aye, poor thing!”

Mu Yuxi couldn’t help but shake her head as she heard their discussion.

This family, though big, lacked warmth.

Very soon, Hong Anbao had completed his presentation. A few descendants softly discussed among themselves. “Annual return of 64% and 11% on total value. That’s scary! He did well in the post-development too. The only ones better than him are probably Mu Yuxi and Hong Anjin from Uncle’s family. He’s bound to rank third.”

Their ranking would be decided based on their annual return, 60%, year-on-year growth, 30%, and development planning, 10%.

Mu Yuxi had the highest annual return. Followed by the 7th contestant, Hong Anjin, with an annual return of 73%. And third would be Hong Anbao, with an annual return of 64%.

Considering year-on-year growth, if within expectation, Hong Anbao was sure to be third in the ranking.

Returning to his seat, Hong Anbao triumphantly looked around the room. Humph, as long as he could make it to the top three, that would be a victorious return.

Ranked first, 100 million. Second, 80 million. Third, 50 million!

Mu Yuxi and Hong Anjin were sure to be above him. But for the third place, it was without doubt. On Hong Dali’s end, just the investment of 2.5 million on properties was enough to make him breathless.

Hehe, Dad was indeed smart to add on that line for me. Otherwise, with what I had on hand, Hong Dali definitely stood a chance to excel!

He was not afraid now. Hong Dali had invested 2.5 million on his own. Even with a 30% profit, that would only be 750,000. Along with the rubbish that he came up with, buying houses to rear dogs? You should be regretting now!

Next were the descendants whose achievements were mediocre.

Finally, it was the superprodigal of the Hong Family, Hong Dali’s turn.