Chapter 73 Individual Purchase of Factory Building
"This factory building was originally owned by the Jiangqian Village collective; after Jiangqian Village was incorporated into the county town and became a street, the building came under the management of the street office. Last time I came here to rent the factory building with a friend, the director of the Jiangqian Street Office had hoped that we would just buy it outright. We were also limited by funds at the time, and we couldn't guarantee that the business would definitely be profitable, so we eventually opted for renting. Now, I still feel the same, let's earn the money and cover our initial costs, and then consider the situation," Cheng Yazhou said.
"Yeah, Dongxu, you make it sound easy, not needing much money. But it's still three acres of land, plus the factory building, and with deed tax and all, it would come down to at least a hundred and forty or fifty thousand. That's no small amount; I nearly went broke just raising the two hundred thousand for the factory start-up this time and can't dare to increase the investment cost. Let's rent instead; this kind of rural place won't appreciate in value even if bought; it's a waste to just throw the money away here. With a hundred and forty or fifty thousand, it'd be better to buy a house in the county town. At least you could get one on Lianchi Street, where the location is also quite decent. A store facing the street can be rented out for six or seven thousand a year, and the rent keeps on increasing every year, much better than here," Wu Qianjin chimed in with firmer resolve.
Seeing that both were insistent on not buying the land and factory building outright, Ge Dongxu didn't want to urge them further and thought for a moment before saying, "Since you both disagree, then I will spend my own money to buy it and rent it out to our factory after the purchase." Discover stories with empire
"Dongxu, Qianjin is right, although Jiangqian Village is said to be part of the county town, it's basically still a rural area. It was like this five years ago, is still the same now, and will remain so for a long time to come; spending this money really isn't worth it, you really need to think it through," Cheng Yazhou saw that Ge Dongxu was willing to spend his own money to buy the property, thought for a while, and seriously advised.
"Hehe, my money would just sit idle anyway. Besides, once bought, the land will still exist; how much could I possibly lose? Moreover, being a landlord feels pretty good," Ge Dongxu thought for a moment but still held on to his decision.
Ge Dongxu actually knew that Cheng Yazhou was making sense, but what he valued more was the cultivation environment here; he felt that with three years of high school still ahead, he would eventually have to move out of Cheng Lehao's house and come here to cultivate.n/o/vel/b//in dot c//om
"You make some sense as well; since you've decided, I'll help you schedule a meeting with Director Jiang, what time would be suitable for you?" Seeing that Ge Dongxu was resolved, Cheng Yazhou no longer urged him, nodded, and Wu Qianjin was still shaking his head on the side, considering this an investment squandering money.
"If we can meet now, let's do it now and get this settled early," Ge Dongxu said.
"Okay, let's go to the street office now and find Director Jiang," Cheng Yazhou was impressed by how Ge Dongxu was not dragging his feet on matters, while Wu Qianjin kept stamping his feet in distress over the money.
Though called a street office, it was actually just the former village head's office. There, Cheng Yazhou and others found Director Jiang and brought up the matter of the land and factory building.
Director Jiang's eyes lit up immediately, then he haggled intensely with Cheng Yazhou; in the end, including all miscellaneous expenses like processing fees and deed tax, the total cost was approximately a hundred and sixty thousand, a bit more than expected. When the final price was set, and a contract was being signed, Director Jiang realized that the real buyer was actually a sixteen-year-old youth, which nearly made his eyeballs pop out.
After signing the contract, many other procedures had to wait until Monday, when the government offices reopened, before they could be processed. Hence, Ge Dongxu took a city-country bus back home that day.
Ge Dongxu was so eager to return home partly because he needed to go back to Baiyun Mountain to cultivate and restore his True Qi as soon as possible, and partly because he wanted to transfer the money to his parents a day earlier.
Having purchased the land and factory building, Ge Dongxu only had a hundred and seventy thousand left in his account. He thought of momentarily giving a hundred and fifty thousand to his parents and keeping twenty thousand for emergencies.
When he got home, during dinner, Ge Dongxu brought up to his parents that he had dug some herbs a few days ago and sold them for quite a sum. Ge Shengming and Xu Suya initially didn't show much surprise; they simply acknowledged with an "Oh" and casually asked how much he made, as Ge Dongxu had frequently gathered herbs and captured snakes and centipedes in the mountains during summer vacations to exchange for money in the town.
Ge Dongxu, not wanting to scare his parents and also worried about them fretting over his investments, simply said one hundred seventy thousand.
Even so, Ge's parents could hardly keep their composure; one of them couldn't hold their bowl, which clattered onto the table, and the other dropped their chopsticks with a similar clatter, both staring wide-eyed and open-mouthed at Ge Dongxu.
After a while, the couple suddenly stood up, each grabbing one of Ge Dongxu's arms, and asked with trembling voices, "Can you, can you repeat that, how much?"
"One hundred seventy thousand," Ge Dongxu replied, looking at his parents' excited expressions, feeling a bit heartbroken but also secretly relieved he hadn't told them about the one million three hundred thousand, unsure how they might've reacted.
"This, this is, where's the money, where's the money?" Xu Suya asked with a trembling voice after confirming the amount.
"It's in my ICBC card. Tomorrow, we should go to Xiyuan Town, and you both can open an account. I'll transfer one hundred fifty thousand into your account," Ge Dongxu replied.
Although Baiyun Town controlled a large area, being a poor and backward mountainous region, it didn't have a branch of Industrial and Commercial Bank of China. Xiyuan Town, being the economically stronger town nearest to Baiyun Town, did have one.
"ICBC card? When did you get an ICBC card? Also, wasn't it one hundred seventy thousand? Why are you transferring only one hundred fifty thousand? What could a child possibly need with…" Xu Suya immediately began bombarding him with questions, somewhat excitedly.
It couldn't be helped; Xu Suya had never seen so much money in her life, and to her, Ge Dongxu would always be her child.
Ge Shengming, noticing his son's hesitant expression and remembering the recent incident when Lin Kun had caused trouble and he himself needed his son's protection, and now hearing about the one hundred seventy thousand, suddenly realized that his son had truly grown up. He was no longer a child needing his father's protection and upbringing, but rather becoming an adult who began to look after and support them instead. His heart swelled with a mix of emotions, both proud and a bit sad, but overall more comforted.
As a father, what else could he hope for but a son who could make a living and establish himself early? But it seemed Ge Dongxu had matured too early, causing Ge Shengming to feel somewhat melancholic.
"Enough, Suya. Can't you see that your son has really grown up, he is no longer a child? Moreover, he is much more accomplished and capable than we are. He has his own thoughts; we don't need to inquire too much into his affairs from now on. Besides, children from poor families have to grow up early. At around his age, my own parents had basically stopped meddling in my life," Ge Shengming suddenly decided, pulling Xu Suya close.
Xu Suya, being a teacher, had a high level of awareness, but it was just that the news of her son making one hundred seventy thousand came so suddenly that it took her a moment to process. Now, with Ge Shengming putting it into perspective, Xu Suya was jolted, swallowing the words she had on the tip of her tongue, her heart filled with mixed emotions.