binnovel Chapter 307 The Sun Family is Happy
Chapter 307 The Sun Family is Happy
"Then let me talk about the distribution of the family trust fund shares and the subsequent follow-up investment-----"
At this point, several people in the conference room became nervous and held their breath, fearing that they would miss Sun Shan's explanation.
"As for the distribution, can we three families take 30% first? In the future, each family will distribute it to the members of each branch. If the conditions are right in the future, the three families will be completely integrated and an institution similar to the clan house will be established to reconsider the distribution of the entire Sun family. How about it?"
Hearing what Sun Shan said, Sun Changjiang, the patriarch of the Chenzhou Sun family, jumped up and applauded first: "Very good, I think Sun Shan's suggestion is very good. At present, our three families have just contacted each other, so it is better for each of us to retain our original structure. When the conditions are ripe and all parties feel that they need to further strengthen integration, we can set up a clan mansion as Sun Shan proposed."
Sun Bohe frowned when he heard this.
But the plan was proposed by Sun Shan, so they had to respond: "We in Huayang have no objection, so let's follow Sun Shan's suggestion."
At this time, Sun Guoan jumped out and said, "Sun Shan, if you say so, then our Mianyang master family is the same as you, so there is no distinction between the primary and the secondary. Besides, who will the remaining 10% be given to? Do you want to take it for yourself?"
"hehe-----"
Sun Shan didn't say anything at first, but laughed loudly. Then, he glanced at the three people from Mianyang's house who looked serious, and said slowly: "We are all descendants of the ancestors of the Sun family. It's nothing more than being born earlier or later. If we go by status and seniority-----"
As he said this, Sun Shan stared at Sun Guoan and said, "Then you might still want to call me grandpa-----"
These words made Sun Guoan's face turn pale and the veins on his neck popped out.
But, I couldn't open my mouth to respond.
Because the Mianyang branch is the main branch and has a large population, naturally they have many children, and their seniority is lower than that of the other two branches.
"We have divided the house among the three families for such a long time now that I don't care about the issue of seniority. Now, let's talk about the distribution of shares. As the main fundraiser, should I, Sun Shan, take 30% for my own branch?"
"Of course you should!"
Sun Bing, who had been silent the whole time, followed up Sun Shan's words and patted the table gently, "This Datong Chamber of Commerce was built by our brothers. Even at the current valuation, the 10% of shares donated should be worth 6 million taels of silver. We in Huayang didn't ask for a penny. Why shouldn't we take this wealth?"
Sun Bing stood up excitedly and said in a loud voice: "If the Coal Bureau's smelting bureau and the wharf are put into production next year, and the Hengzhou Bridge is completed, the gymnasium in Jiangxinzhou and the commercial and cultural streets on both sides of the river are successfully opened, it will not be a big problem for our Datong Chamber of Commerce to reach a valuation of 100 million!"
Oh my God!
One billion!
The word "billion" made the three people from Mianyang shake their heads.
Their main branch in Mianyang has been developing for more than 200 years, and has more than 1000 direct descendants of the Sun family, but all their assets added up to only about million taels.
Among these, most are heavy assets such as real estate and land, and the rate of return is not high.
If divided by 10000, the average per capita amount is only about taels.
Sun Bing took a look at the Mianyang branch and felt a surge of heroic energy in his heart. After laughing, he said loudly: "And if Sun Shan passes the exam successfully and enters the officialdom, our Datong Chamber of Commerce will step out of Hengzhou. At the earliest, we will conduct a survey in Chuzhou by the end of next year to prepare for entering Chuzhou!"
After saying this, Sun Bing ignored the shocked Mianyang trio and continued, "Moreover, with Hengzhou's development trend, Hengzhou New City will be built within three to five years. By then------"
As he spoke, Sun Bing laughed heartily.
Then, sat down.
As one of the original shareholders, the Chenzhou Sun family naturally knew everything about the Datong Chamber of Commerce.
I feel very proud that my initial investment was less than 100 million taels because I was optimistic about Sun Shan, and now the valuation is million taels.
In addition, although the company donated 0.20% this time, it can get back 30% of the remaining 1.20%, which means that it can exchange 0.36% of the profit for 0.20%, which is definitely a super high value return.
"Ha ha ha ha-----"
Sun Changjiang laughed loudly and took over Sun Bing's words: "President Sun said it very well! After Shan Ge'er has achieved fame, we in Chenzhou also plan to copy the Datong Chamber of Commerce and host a series of branches!"
Sun Guoan stood up immediately after hearing this and asked tremblingly, "Are you also going to run a Datong Chamber of Commerce in Chenzhou? Can this be accomplished?"
"Of course it can be done. In another three years, our Datong Chamber of Commerce will at least double in size. With the royal family joining us, local affairs will not be a problem!"
Sun Changjiang paused for a moment, then smiled and said, "When I came to Hengzhou this time, Prince Chen asked me to tell him whether Datong Chamber of Commerce wanted to develop in Chenzhou. Prince Chen said that he was willing to use the power of Chenzhou to develop together with Datong Chamber of Commerce!"
"That's right, that's right. Let's all make money together." Sun Guoan smiled and looked at Sun Shan's face who had already sat down, and then looked at his grandfather who was excited.
Then, he asked Sun Shan in a flattering manner: "Advisor Sun, what do you think of our hometown of Mianyang? I personally feel that we are all descendants of the Sun family who have branched out from that land. It is necessary to develop our hometown as well and let the elders and villagers of our hometown live a more prosperous life."
"of course can!"
Sun Shan nodded affirmatively, and then said loudly: "As descendants of the Sun family, we have an unshirkable obligation to make the place where our ancestors grew up more stable and prosperous!"
"If it is appropriate in the future, our Sun family's family fund can invest in any place we think needs development."
At this moment, Sun Hong’s eyes lit up!
Finally, he said, "Sun Shan is thoughtful and willing to build a good hometown. On behalf of Mianyang, I thank you!"
After saying this, he expressed his proposal to Sun Shan: "In this case, let's just listen to Sun Shan's arrangement for the time being. Each room will take 30% and then distribute it among themselves."
Upon hearing that the chief of the Mianyang clan, who was the main branch, finally agreed, a round of applause broke out in the conference room.
When the applause died down, Sun Hong asked in return what to do with the remaining 10%.
"Haha, let's put this ten percent into our Sun family's provident fund account first, as a reserve fund and development fund for the entire family, and then take it out when needed."
"it is good!"
"Very good! Sun Shan is really thoughtful. Let's make this a decision now, shall we? What do you think?"
Sun Hong looked at everyone in the conference room with a smile on his face and was satisfied with the results of the meeting.
Without making any investment on their own, they can get 360% of the interests of Datong Chamber of Commerce, which is small shares.
Also, I am very happy to be able to participate in the long-term development of Datong Chamber of Commerce.
In fact, everyone in the conference room was very happy.
After all, these were all donated by Sun Shan personally without asking for anything in return.
Except for him, all the descendants of the Sun family benefited.
Sun Shan was also happy. Although he lost 10% of his shares, the pressure was greatly reduced.
Moreover, he could take advantage of this opportunity to bring the entire Sun family together and make it a solid backing for himself.
I believe that as long as I keep moving forward and continue to bring greater benefits to the Sun family, these people and these properties will become stepping stones on my road to progress.