Chapter 202 Ludao Fund (3)
Chapter 202 Ludao Fund (3)
"Yes. Currently, the land purchase negotiations have been carried out to nineteen locations. If all goes well, we can plan to operate fifty-two facilities, and the profit is expected to increase by more than one and a half times."
"Ah...Ms. Ira. I have no intention of running the orphanage for profit."
“Ah, sorry. I inadvertently considered the idea of commercialization.”
“No, increasing income is a good thing. When the children leave the yard to live independently in the future, it would be better to give them some start-up funds or provide some temporary living allowances.”
"You are very considerate."
Ira realized that she had misunderstood Ye Kai. Ye Kai spoke like a man who truly cared about the vulnerable, not someone who was trying to make up for the guilt of killing people on the battlefield by raising orphans.
“But if the fund keeps getting bigger and bigger and loses its purpose, then Ms. Ira might get confused, right?”
The expansion of the fund size will not cause any problem to the stability of the operation, but the mere savings will have a negative impact on the economy. This is what Ye Kai thinks.
“Yes. Given the royal family’s aid and donations, unnecessary savings could have a negative impact on society.”
“I will take into account the question of royal aid and interest support. What are your thoughts on the goals of the fund?”
“Have you considered providing loans to private welfare organizations?”
Illa asked, asking whether the direction of the fund should be shifted to a private investment fund aimed at promoting economic activities.
"No, we will not do that. The Ludo Fund was established for welfare purposes, and we will stick to that. Although there are many beneficial projects in the private sector, there are also many projects with greater risks. I think it is not advisable for a fund under the Kingdom's institutional nature to provide loans to private enterprises."
With annoyance, he voiced his thoughts, and Ira's eyes began to become more focused.
“For the same reason, we will not provide loans to your family, please respectfully.”
"Yes, of course..."
“In the future we will provide loans for social welfare and citizen security projects that meet the requirements of the Kingdom. As to the timing and content of the projects, I will make the judgment. I will leave that to you.”
Ye Kai placed a pre-set talkie in front of her.
"This is……"
“I’ll tell you how to use it later.”
Ira looked at the telepathic device and suddenly lowered her head deeply.
"I'm so sorry. I thought you were just taking advantage of your reputation as a hero as a representative of the Ludo Foundation. I didn't expect you to have such profound insights in social and economic matters. Please forgive me."
"Please raise your head. It's okay. I'm just an ordinary adventurer, and I'm not much different inside. It's just that I grew up in a slightly more complex economic society, so I have some knowledge."
Ira originally intended to see Ye Kai's true colors. To this end, she prepared easy-to-understand accounting documents and even proposed the idea of private investment. However, Ye Kai easily understood these contents and pointed out the dangers of loan expansion.
It seemed that his heroic image far exceeded her expectations.
Ira began to gradually grasp Ye Kai's insights and started to talk about some more specific topics.
“Regarding previous conversations, securing adequate funding for projects in the Kingdom may take some time. Are there some projects that would easily fit the bill?”
“Yes. There is such a project, but Ms. Ira may need to work harder.”
"Apart from fund management, I am still not very familiar with operations and other aspects."
“There’s really not a lot of change in what you’re going to do. The Ludo Fund will manage the rights on that.”
Ye Kai put the bracelet in front of Yila. Yila looked at this unfamiliar object and only knew that it was a magic device.
"What's this?"
“I call it the ‘reverse bracelet.’”
After saying that, Ye Kai stood up and turned the bracelet over in the spacious area next to the table to show it to Yila. Once the bracelet was activated, it turned into a rather large cloth bag like a puzzle.
“This is a magical device that can recreate the “warehouse”.”
“I’ve never heard of this?”
“Of course, because it’s my invention.”
"Yeah?"
She was surprised by this sudden occurrence.
"I used the magic of the record I designed to create this magic device, so it has not yet appeared in society. However, as you can see, it can reproduce the ability of the "Warehouse Holder". I plan to sell this, and the manufacturing and sales part will be handed over to someone I know, but the rights part will be transferred to the Ludo Fund, so please manage the royalties."
“This is a great invention, isn’t it?”
When explained how to use it, this was her surprise when she herself tried to reverse the bag onto the bracelet.
"Yes. If this kind of thing appears in large quantities on the market, it will trigger a circulation revolution. So I will set the price quite high. The sales quantity will also be limited, but the profit will be considerable."
Ye Kai continued as he played with the bracelet: “I also made sure it cannot be copied, so it can only be sold exclusively.”
The original reverse description seal was very versatile. To achieve this, it was adapted to be used only with the described "warehouse" magic. The description of the "warehouse" magic used in the manufacturing stage is not engraved on the product, so even with only the reverse magic description, the product cannot be copied.
“This is too exaggerated…”
"Is that what scares you? After all, he's like a magic box. You never know what's going to appear inside."
“…I will handle it properly.”
If this kind of reverse bracelet begins to circulate in large quantities, "warehouse holders" may lose their jobs. But from another perspective, Ye Kai believes that when "warehouse holders" are no longer regarded as walking warehouses, a new era may be ushered in.
By then, warehouse owners will use their brains to forge new paths. He believes this will have a huge impact on society and become a driving force for growth.
"It is quite possible that the Rudaw Fund will be able to finance projects in the Kingdom. I hope that Ms. Ira will take on greater management responsibilities than she currently has. I want to leave a large part of the discretion in the actual operation to you."
"This might be a burden to me." She replied, rubbing her brows in confusion.
"Of course, I am always available for consultation and important decisions can be left to me. But I believe you can do it."
"I will try my best to meet your expectations."
"Let's talk about the details, shall we?"
In the following time, Ye Kai and Yila discussed their respective division of labor and completed the approval of some urgent documents.
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