But if it's now, the value of any five-star chain hotel that Fuhua Group invested in back then is over 1 billion US Dollars.
It can be said that just the appreciation of the fixed assets of these hotels has made Singapore Fuhua Group a lot of money; it's quite a lucrative investment.
From this, it can be seen that Guo Aihua's father was a businessman with great foresight.
In the early 90s, he was very optimistic about domestic development and invested in over 20 five-star chain hotels in several major cities in the country.
It's known that in those days, five-star hotels in the country were extremely scarce.
Each five-star hotel could greatly enhance the image of the city where it was located and had a very positive impact on attracting foreign investment to the local city.
And Singapore was also recognized by the domestic high-level officials as patriotic overseas Chinese and a model of patriotic Chinese businessmen.
