In addition, he also invested in Sanjiang Iron Works and five coal plants. Established Guiyang Ji Guo Salt Industry Company, Guiyang Yusheng Native Products Company and Shanghai Yongxing Company, serving as the manager and chairman respectively; Establish Guiyang Trust and Investment Company, etc.
While Lai Yongchu's career is booming, he cares about mulberry trees and is enthusiastic about culture, education and social welfare undertakings. 1940, in response to the call of Guizhou Conservation Branch, and in order to protect hundreds of difficult children who fled from enemy-occupied areas to Guizhou, more than a dozen teaching staff were hired for formal education, which contributed to solving the problems in War of Resistance against Japanese Aggression, and the Free Yongchu Correctional Home (later renamed Yongchu Farm) was established in Liu Yang Street, Huaxi; 194 1, Ping Huang private zhongzheng middle school built an auditorium, and the funds were insufficient. Wu Shaofeng went to ask for help, and Lai Yongchu donated 20,000 yuan (1.200 yuan); 1945, Jiuzhou Middle School collates students' records, and Lai Yongchu, as the vice president of the school, wrote an inscription, "Be determined to learn, persevere in learning, step by step, from shallow to deep, and set up a youth model." Encourage teachers and students; 1947, Yongchu Middle School (now Guizhou Art School) and Yongchu Farm were established in Guiyang. The school's equipment and teachers' funds are funded by Lai Yongchu, and the salaries of teaching staff are also very high. The school implements the teaching mode of "part-farming and part-reading", and students do not pay tuition fees. Feng Nan, a progressive, was also hired as the principal of Yong Junior High School, and more than 1000 junior high school graduates were trained. 1949165438+1October 15 after the liberation of Guiyang, Lai Yongchu handed over this private middle school to the people's government in good condition in 1950.