Chapter 164: Sudden Wealth, Your Heart is Bleeding [Thanks to the Howling Wolf, Alliance Hierarch of Shanghai!]_2
"Of course. Even if it's a mortgage loan, as long as I pay the interest regularly, the usage rights of this equipment remain with me. For me, turning a large amount of money into non-functional equipment isn't worthwhile."
"Hmm, you always have your considerations. I did a rough estimate, and once the modifications are complete, the actual value of your set of equipment should be around 9 million points, but the assessed value will likely be suppressed to 7 million points. So, with the privileges of a First Level Citizen, you can loan 3.5 million points."
Ren Zhong chuckled, "All said and done, the material cost is at most just under 5 million, yet I can get a 7 million evaluation, all thanks to piggybacking on your skill."
Ju Qingmeng responded modestly, "The real value is in your design. If you were to hire a professional designer from Source Star Military Industry to tailor such an effect for you, I think it would require at least 2 million to even get someone to take the job."
"Your craftsmanship is still better."
"No, your design is better."
"Still..."
After a long while, Ju Qingmeng couldn't help but laugh, "Can we stop the mutual flattery? It reminds me of how you used to talk sweetly to Yang Bingzhong."
Ren Zhong scratched his head awkwardly, "Okay, okay, no more flattery. We're both amazing. Anyway, once the equipment is modified, it might trouble you to make a trip to the county."
"No! Trouble! At! All!"
Ju Qingmeng hung up the call with a clap.
Ren Zhong immediately moved on to the next line of thought.
Take the assets he owned to the bank for a mortgage loan to get liquid capital.
This is a significant privilege of a Citizen.
Moreover, a Citizen's credit points can also be exchanged for line of credit.
Credit points are directly related to the amount of tax a Citizen pays.
Ren Zhong estimated his current credit limit; it's not much, only about 750,000.
He needed to borrow this amount too, and he intended to do so tonight!
Subsequently, Ren Zhong immediately logged back into his stock account to complete transactions.
He bought stocks of Starship Manufacturing valued at 6.22 million!
He then called Yang Bingzhong.
"Mr. Yang, I have a new stock recommendation for you."
"Which one?"
Ren Zhong seemed hesitant to speak, "Mr. Yang, this operation has quite large implications, I would like to..."
"How large?"
"Mr. Yang, you can fit as much in your portfolio as cash on hand."
On the other side, Yang Bingzhong pondered for a moment, "You want to clearly define a commission contract relationship, right?"
"Yes. Sorry about that."
"I understand, even with close partners, accounts should be settled clearly. In fact, I've already prepared the contract, and if you didn't bring it up, I would have."
Three minutes later, Yang Bingzhong sent Ren Zhong a high-authority electronic contract, stamped and certified by the Business Association.
According to this ten-year valid contract, Ren Zhong would bind his account with Yang Bingzhong's private stock account.
For the next ten years, 10% of the net profits obtained from this account will be automatically transferred to Ren Zhong.
Unless Ren Zhong commits a significant breach of contract, or there are major losses on Yang Bingzhong's account, the contract cannot be terminated.
After signing the electronic contract and seeing the contract activation notification on his wrist watch, Ren Zhong was satisfied, "Thank you, Mr. Yang, for your trust!"
"No need for thanks between us. So, which stock is it?"
Ren Zhong showed Yang Bingzhong his account and then said, "Mr. Yang, I've sold all the stocks I previously purchased for 1.4 million, completed the reallocation, and bought into this Starship Manufacturing. Additionally, I've also invested the entire 3.51 million points dividend you gave me."
Yang Bingzhong was startled, "Fully invested?"
Ren Zhong affirmed decisively, "Of course!"
Yang Bingzhong, "Although I have faith in your abilities, I'd still like to hear the basis of your judgment."
Ren Zhong smiled slightly, "The basis of my judgment is precisely what you previously mentioned to me, Mr. Yang."
Yang Bingzhong thought for a moment, "It's inconvenient to say through the wrist watch, wait for me. I'm coming over right now."
Ten minutes later, Yang Bingzhong appeared next to Ren Zhong's bed.
After turning off their wrist watches, Ren Zhong straightforwardly asked, "Mr. Yang, is Source Star about to be abandoned?"
"Yes. Very likely."
"Then, assuming this is true. In such a large migration, there are two crucial resources. Frozen storage pods and spaceships, right?"
"Correct!"
"As the second largest shipbuilding enterprise on Source Star, Starship Manufacturing is about to receive an astronomical major order. Is there any reason it wouldn't go up? Look here, this is the undercurrent stirring across the entire stock market recently. I've analyzed..."
After a long time, Yang Bingzhong's breathing gradually became heavy, "Ren Zhong, your analysis is very accurate."
Pride spread across Ren Zhong's face with a smile, "Mainly it's thanks to the crucial information you provided, Mr. Yang."