"Xiao Chuan!"
"For this first phase of our housing project, including the land, the total money invested so far is one million, five hundred and sixty-two thousand, six hundred and seventy!"
Qin Yang opened the ledger and said.
"We still owe thirty thousand to the steel plant in the provincial capital, twelve thousand to the wire factory, forty-five thousand to the cement plant, thirty-three thousand to the brick and tile factory, and another twenty-eight thousand for materials like pipes, doors, windows, and glass, totaling one hundred and forty-eight thousand."
"All accounts for Liu Long's team have been settled!"
"The rest is our daily employee expenses. As for wages..."
Qin Chuan raised his hand to interrupt his elder brother: "There's no need to mention employee wages!"
"So, all our expenses for the housing project amount to just over 1.71 million up to now."
"Yes! That's correct," Qin Yang affirmed.
Qin Chuan understood; the accounts were accurate. As the boss, he naturally had his own ledger. He had a total of two million yuan. Over 1.56 million was invested in the housing project, and over 300,000 in the supermarket. These combined were nearly 1.9 million. The remaining over 100,000, about seventy to eighty thousand, covered employee wages or bonuses, as many people followed him and needed to eat. Naturally, there were other expenses, like necessary "greasing the wheels" in many places, which also added up to a considerable sum.
If he hadn't gone to the provincial capital to speculate in futures and struck it rich, Qin Chuan would have been at the end of his rope. His two million yuan was almost depleted. The road to the sand quarry had to be temporarily funded by the supermarket due to a complete lack of funds.
"My goodness, if we calculate it this way, for this first phase of our housing project, including the outstanding 148,000, the total investment is 1.86 million, but now it can be sold for 3.79 million!"
"That's a profit of a full 1.93 million!" Bai Xiaoguang exclaimed in shock.
The others were also stunned by this figure. Such astonishing profits far exceeded everyone's expectations. Even Li Ya looked surprised. Although Qin Chuan had calculated it for her early in their cooperation, predicting that with a 2 million yuan investment, each person would earn at least over a million after costs, it now seemed he had been conservative. This wasn't just over a million; it was close to two million! And this was only the first phase. They had only used half of the land they bought and could build an equal number of floors. Conservatively, they could earn at least 3.6 million. With a 2 million yuan investment, after all costs, each person could net 1.8 million, almost doubling their investment. What business could compare to such profits?
At this moment, Li Ya truly understood why Qin Chuan was so insistent on doing real estate business; it was incredibly profitable!
"That's not how you calculate it!" Chen Jinyu corrected at this moment. "Xiaoguang, you've forgotten employee expenses and many other miscellaneous costs."
"These add up to a significant amount."
"In my estimation, the net profit should be around 1.7 million."
"Boss, am I right?" Chen Jinyu finally turned his gaze to Qin Chuan.
Qin Chuan smiled and slowly gave a thumbs-up: "Jinyu is the most correct." He then scanned everyone and said with a smile, "Don't be envious, everyone. When the New Year comes, each of you here will receive a big red envelope from me, so everyone can have a good year!"
"Boss is generous!"
"Boss is awesome!"
"Our boss is the best boss in the world, incomparable!"
Instantly, the room was filled with flattery. Everyone was excited and motivated by Qin Chuan's words. Li Ya also beamed with joy. After all, Qin Chuan was her man, becoming more and more charming and someone she loved to the core. Everyone present was someone Qin Chuan trusted the most. It was precisely because of this that Qin Chuan was so open, allowing the true profits to be visible to all. Qin Chuan trusted everyone, and everyone was loyal to this boss. Seeing their boss make a lot of money, they might be envious, but they would never be jealous. Each of them knew their own capabilities very well; such a large business was simply beyond their reach. Some people were indeed born to run big businesses, while most others could only manage their own small territories and help the boss.
"Alright, let's continue discussing how to create a perfect marketing plan to make our housing project an instant success."
"Listen to me, I have a detailed plan..." Qin Chuan began, and everyone immediately stopped their chatter and listened attentively.
Time flew by, and several days passed. During these days, Qin Chuan didn't visit Ye Qingping, and Ye Qingping didn't send anyone to find him, as if the relationship had truly soured after that meal. However, during these days, something interesting happened in Yongnan County. News spread from an unknown source that the housing prices in several nearby counties and cities were increasing daily, reaching four to five hundred yuan, with some county towns' prices soaring to six hundred yuan per square meter, and the trend was still upward.
As soon as this news appeared, it quickly spread through the town. Everywhere, people, whether at work or during casual conversations, would first talk about the recent surge in housing prices. Those who owned houses were happy, as rising property values were good news for homeowners. For those without houses, it caused anxiety. After all, housing was a top priority in China's national conditions. Especially with the recent cancellation of the welfare housing policy, the real estate market had become extremely dynamic. Major cities and second- and third-tier cities were frantically engaged in construction and building projects. Newspapers frequently reported on how much housing prices had risen in various cities.
In this environment, the news of impending major price hikes swept through Yongnan County like a hurricane. Property owners clung tightly to their homes, waiting to see what happened, refusing to sell, hoping for continuous price increases. Those without houses became even more anxious, fearing that prices would rise to a level they couldn't afford. Even more people wanted to buy quickly, hoping to benefit from national policies. But in this delicate situation, no one was foolish enough to easily sell their property. This situation persisted for a full week, and everyone in Yongnan County, from the elderly to young children, knew about the rising housing prices.
On this day, a major piece of news appeared on the Yongnan Headline, the largest newspaper in Yongnan County. It was a huge advertisement spanning the entire front page, with bold red characters clearly stating: "Yàoshì Real Estate, Grand Opening in Three Days!!!" This massive announcement immediately spread throughout Yongnan County.