Chapter 115: Unfavorable Investment
As Wu Sancai continued to call out, the villagers who had immediately expressed agreement began to line up for registration. As the number of registered villagers increased, those who chose to receive a one-time compensation for land and those willing to demolish their old houses for free new ones gradually became the majority.
Receiving over a million in cash at once was tempting for many, even though most of them only had about 20 acres of land per household, and the land was mostly barren mountainous terrain with only a few acres of farmland. Technically, the land belonged to the country, and if assessed according to national land requisition standards, they would receive at most 200,000 to 300,000 for the 20-plus acres. Perhaps the country would provide some other safeguard policies, such as purchasing pension insurance, but these benefits and policies were far less tangible than the substantial cash offer.
"I say, Yao Xinggui, are you standing there without queuing because you haven't made up your mind, or do you think the compensation offered by the company is not enough? Your family shouldn't be trying to be the nail households in our village! If that's the case, not only won't they agree, but even the rest of us won't approve," shouted a middle-aged woman from the crowd, known for being outspoken in the village.
Yao Xinggui heard the voice from below, just smiled faintly, and continued to speak, "This time, 'Eastern Galaxy Investment Company' and the city government have proposed two main compensation plans for the land they are requisitioning from our village. The first option is a one-time payment of 50,000 per acre, and the second option is an annual lease payment of 500 yuan per acre, with a contract period of 80 years."
"In addition to the land compensation, the Eastern Galaxy Investment Company has also proposed two compensation options for the requisitioned houses. The first is for the company to invest in building villas of 200 square meters or more for each household in our village. These villas will come fully furnished, and the residents can move in directly after completion."
Considering that some villagers might not want to stay in the countryside after receiving land compensation, the Eastern Galaxy Company has a second compensation option: a one-time payment of 800,000 for house demolition. This is a rough overview of the compensation plans. Now, everyone can go home and consider for a few days. If you have made a decision, you can register with me now, and after registration is complete, we will be able to transfer the compensation to you in a few days."
Wu Sancai relayed all the compensation plans to the villagers present. Upon hearing these proposals, the villagers appeared excited, and some who were initially skeptical became convinced after witnessing the leadership's on-site inspection. So, when they received Wu Sancai's notice today, these villagers were more active than last time. After all, this involved the interests of everyone.
"Everyone, quiet down. I'm sure you have guessed the purpose of my summoning you here. Yes, today we are gathered to discuss the specific compensation for land requisition," said Mr. Wu Sancai loudly after silencing the crowd.
"Village Chief, please proceed!" someone in the crowd immediately shouted.
Hearing the voice from below, Wu Sancai smiled slightly and began to explain, "This time, 'Eastern Galaxy Investment Company' and the city government have proposed two main compensation plans for the land they are requisitioning from our village. The first option is a one-time payment of 50,000 per acre, and the second option is an annual lease payment of 500 yuan per acre, with a contract period of 80 years."
"In addition to the land compensation, the Eastern Galaxy Investment Company has also proposed two compensation options for the requisitioned houses. The first is for the company to invest in building villas of 200 square meters or more for each household in our village. These villas will come fully furnished, and the residents can move in directly after completion."
For example, in the case of this investment project, Wu Hao publicly claimed that it was funded by 'Eastern Galaxy International Investment Company,' not his personal funds. He only occupies a portion of the company's shares, allowing him to influence some of the company's decision-making power.
This way, he can try to avoid raising suspicions about his excessive funds. After all, just last year, Wu Hao was a recent graduate who had recently joined the workforce. Even if he made millions or a few hundred million through stock trading in less than half a year, it might be somewhat believable. However, claiming to have earned tens of billions all at once would be hard for people to believe.
However, with the name of 'Eastern Galaxy International Investment Company,' Wu Hao, acting as a shareholder, could propose investment plans, and it would be more acceptable.
Upon hearing Wu Hao's explanation, Hong Lei, although filled with various questions, refrained from continuing to inquire.
In the following time, Wu Hao and Hong Lei first rented an office space for the establishment of the branch. Regarding the office location, Wu Hao was straightforward, directly renting two floors in a 25-story commercial office building as the future office space for Eastern Galaxy Company.
After all, Eastern Galaxy Company now carries the title of an international investment company, and they couldn't afford to look small. Besides, Wu Hao might have other investment projects in the city in the future, and the company's territory would be too small to accommodate everything.
"Leizi, you'll be in charge of the specific decoration work from now on. You've been in charge of building the factory for several months. I think finding a decoration company won't be a challenge for you," Wu Hao said with a smile after signing the office building contract.
"Hey! What else can I say? You're the boss, and naturally, I'll follow your arrangements. But you need to find someone to take over here as soon as possible. I can only handle the decoration part at most. I'm not cut out for management, and I still have things to attend to at the factory," Hong Lei said jokingly.
"You don't need to worry about that. I've already entrusted a well-known domestic headhunting company to help find managerial personnel for the establishment of the branch. I believe it won't be long before you won't have to oversee things here anymore."
"Well, that's even better. You don't know; with more and more things happening at the factory, I'm starting to feel overwhelmed. Despite recruiting some management personnel for the factory, the real management layer capable of handling everything is still being recruited."
After briefing Hong Lei on relevant matters, Wu Hao checked the time, bid farewell to Hong Lei, and drove to the school where his younger sister was studying.
In fact, Wu Hao's purpose for coming to the city today, besides renting an office space for the branch, was to pick up his younger sister and bring her home. It was Friday, a day off for the school every week.
Although it was referred to as every week, Wu Hao's younger sister actually had a day off on Fridays every month. Usually, Saturdays were also class days. After all, Wu Xiaoxiao was now in the second half of her junior year, and for any student, the three years of high school were undoubtedly the most challenging.
Especially after entering the second year, they not only had frequent exams and various remedial classes but also rarely had weekends off.
When Wu Hao arrived at the school gate and checked the time, he didn't have to wait long before seeing his younger sister walking out of the school gate with a group of girls, chatting and laughing. Among these girls, Wu Hao was familiar with one of them, having seen her several times before— a girl named Wen Wen.