MMB Chapter 127 Land Auction! Lao Wang And Xiao Wang!
Chapter 127 Land Auction! Lao Wang And Xiao Wang!
Although it used to be the Shentong Group, the current Hengyu Real Estate has been managed by Luo Yu.
But the real major shareholder is Lin Xuan, who owns 67.7% of the shares.
It can be said to be an absolute holding.
However, Lin Xuan never took the real estate company seriously.
After all, despite the fact that real estate companies seem to be very profitable in the future,
But in fact, real estate is an industry with high investment, high debt, slow capital turnover and policy risks.
Including Wanda and Hengda, while making high profits, they actually have extremely high debts.
If you want to play real estate, you need to buy land, build a house, get a loan, buy land, build a house, and get a loan.
As a result, once the policy changes, banks refuse to lend.
Many real estate companies will fall into the end of the broken capital chain.
So this kind of industry similar to "empty glove white wolf",
Lin Xuan is actually unwilling to touch more.
That is why the company is called Hengyu Real Estate, not Hengxuan Real Estate.
"I think we have to win land No. 6 and land No. 4. I can use land No. 4 to build the headquarters building.
Land No. 6, let's learn from Wandaxiu Mall!"
Lin Xuan suggested.
"Repair the mall!, isn't it an office building?"
Luo Yu asked curiously
"Look at this line, it is next to the commercial circle of the Imperial City CBD. If a luxury department store is built on the No. 6 land,
You can imagine how hot that business will be!"
What Lin Xuan described to him was the scene of SKP, the imperial capital of later generations.
After all, in the current Imperial Commercial Street, you can either go to Wangfujing or Xidan.
There are no answers in Taikoo Li in the later generations, it is really a bit monotonous
"Repair a luxury department store? How much does it cost, and it also needs to attract investment!"
Luo Yu was a little unconfident.
"What kind of loan are you afraid of? If you, Mr. Luo, come forward, you can get Tian Yi 800 million!"
Lin Xuan laughed.
Suddenly, Luo Yu rolled his eyes and said angrily:
"You treat my family as a bank, and if the business fails, I won't even be able to pay back the interest!"
Having said that, he paused, looked at Lin Xuan, and said with a smile:
"But anyway, you are the major shareholder, so you are not afraid of losing money. What am I afraid of? If you say to build a mall, we will build a mall.
If it’s okay to lose money, I’ll go to your house to beg and give you some money, sir!”
"I will reward you with a big shoe sole, you should think about how to win this land the day after tomorrow, there are many competitors!"
Lin Xuan watched him play tricks and said with a smile.
"Don't worry, we have enough funds of our own. I have been preparing for this auction for several months. Before that, all the properties of Shentong Group were divested by me. In addition, I sold the three real estate buildings in the Imperial Capital and returned 500 million funds. We now own funds up to 2.8 billion,
Although I still owe the bank 1.3 billion, but don't worry!"
Luo Yu introduced the company's financial situation.
At that time, Shen Hongyu, Luo Yu's mother, spent 500 million yuan to buy Shentong Group.
At that time, they raised a total of 1.5 billion Chinese dollars.
Shen Hongyu did not keep the remaining 1 billion of the money for herself, but injected it into the current Hengyu Real Estate.
In addition to the divestiture, the purchase of some Shentong Group properties obtained 1.3 billion, and a real estate return of 500 million funds.
Now Hengyu Real Estate has as much as 2.8 billion in cash.
Among the real estate companies in the imperial capital, it is considered to be well-capitalized.
The most important thing is that there are Luo family and Lin Xuan behind Hengyu.
Whether it is a loan from a bank or borrowing from Lin Xuan.
It's all easy.
Therefore, Luo Yu is determined to win two pieces of land.
That night, when Luo Yu handed over Lin Xuan's plan to his mother Shen Hongyu,
Shen Hongyu agreed to Lin Xuan's suggestion just by glancing at the map, and she also said to Luo Yu:
"Sometimes you listen more to your friend Lin Xuan's advice. His vision is really good. Next month your sister Luo Jiaojiao comes back from Cambridge. Please invite Lin Xuan to your house!"
"Luo Jiaojiao!"
Luo Yu felt dizzy when he heard his sister, then shook his head and said like a rattle:
"You better not harm my brother, I don't want him to die young!"
Suddenly, Shen Hongyu rolled her eyes:
"Did you say that about your sister?"
"She's my sister, have you passed?"
Luo Yu ran for his life and left.
Shen Hongyu was left with a helpless expression.
Soon in 2005, the grand land auction was scheduled to be held in the lobby of the Imperial Great Wall Hotel.
On that day, Luo Yu, Lin Xuan, Yi Bin and others all attended in formal attire.
As soon as he entered the hall, he saw Lao Wang, who was a little fat, and Lao Pan, who was going to donate money to foreign countries in the future and planned to transfer assets.
And Wang Shi who loves climbing Vanke.
In addition, Hua Run Lin Xuan's old friend Liu Guangxian and Hua Lian also sent many people
Although Chen Jingfei's Shentong Group used to be considered an old man in the real estate market.
But Hengyu Real Estate, born out of his company, is a newborn.
Whether it is Luo Yu or Lin Xuan, they may be well-known in many places, but they are newcomers who have just debuted in the real estate circle.
No way, Lin Xuan sat in a corner with Xin Mengyao.
However, what he didn't expect was that not long after he sat down, Comrade Lao Wang, who set small goals in the future, came to him.
Speaking of which, at this time, Comrade Lao Wang had already developed well, and there were prototypes of Wanda all over the country.
He also persuaded Wal-Mart, one of the world's top 500 companies, to cooperate with him, and his popularity in the national real estate market was almost the same for a while.
Only Vanke's Wang Shi can stand shoulder to shoulder with him.
However, Wang Shi has very few shares in Vanke, and most of the industries are in Shanghai and Pengcheng.
Unlike Pharaoh, which is well-known throughout the country, it blooms everywhere in the city.
And this time he came to the imperial capital in person to get a piece of land. Before the land price skyrocketed,
Prepare for the construction of a commercial center in the imperial capital by Wanda in the future.
However, Lao Wang noticed Lin Xuan at a glance. To be precise, a long-haired young man beside Lao Wang recognized Lin Xuan.
"Dad, that's my idol, Director Lin of Yuanhang Technology!"
As soon as this remark came out, Lao Wang was taken aback for a moment, and then asked:
"Director Lin, the one from the Internet?"
"That's right, the "World of Warcraft" I came back to play this time is the agency of Yuanhang Technology!"
The long-haired youth said.
So, although Lao Wang was surprised, he walked to Lin Xuan's side under the guidance of the long-haired youth.
"Hello, you are Lin Dong!"
Lin Xuan didn't expect Lao Wang to greet him, so he was taken aback before replying.
"Hello, Wang Dong!"
At this time, the seventeen or eighteen-year-old long-haired youth said:
"Hello, Mr. Lin, my name is Wang Shicong, and I am the son of Old Wang. I like "World of Warcraft" represented by your company very much!"
Wang Shicong said a lot in one breath.
Lin Xuan glanced at him, Lao Wang introduced:
". "He is my son. He just came back from Britain to stay for a few days. It happened that an auction was held here, so I brought him to see the world. This kid is reckless, Mr. Lin, don't be offended!"
Looking at Comrade Wang, who was less than fifty years old and blushing, in front of him.
Look at Xiao Wang with long hair again.
It is said that Xiao Wang didn't know that he was a rich second generation until he was 16 years old.
I don't know if it's true.
Lin Xuan thought to himself, and then said calmly:
"Wang Dong, you are joking!"
Then, he looked at Xiao Wang and said:
"Thank you for liking the game of our agent!"
Hearing this, Xiao Wang said excitedly:
"I'm training as a warrior in Warcraft, Mr. Lin, can you give me some good equipment? You can buy it with money!"
Immediately, Lin Xuan's face darkened, and he thought to himself, are all Xiao Wangs so innocent now?
Lao Wang pulled Xiao Wang aside and said.
"Don't listen to his nonsense, Dong Lin, by the way, Dong Lin is also here to bid for the land this time?"
Looking at his puzzled look, it was obvious that he was wondering why Lin Xuan, an Internet professional, would suddenly appear at the land auction.
"Well, let's see if there is any land to build a headquarters building!!"
Lin Xuan didn't hide it either, and truthfully told King Zhao.
"Oh, that's right, that's what it should be, the expansion of the company is indeed to build a headquarters building.
Although Lao Wang said so, he murmured in his heart that this kid wouldn't be in the same land as he was looking for.
At this time, Luo Yu beside Lin Xuan looked at Lao Wang.
He has also heard of Pharaoh's name. The Wanda model, a model of urban complexes, is blooming everywhere.
As long as it is engaged in real estate, it is a little heard.
However, he feels that this model is simply barbaric growth, and the debt ratio is too high.
Once the flower growers have an economic downturn, that kind of debt ratio will definitely make people fall.
But speaking of it, Lao Wang is also lucky. After the economic crisis and entering 2000, the economy of the entire flower grower is improving rapidly.
Wanda's growth can be said to have caught up with the best time.
In addition, there is Fanhai series behind Laowang,
Only with the support of boss Lu, the boss of big shots, can he achieve future achievements.
While Lao Wang was chatting with Lin Xuan, Wan Ke's Wang Shi also came over.
Although Lin Xuan is not well-known in the real estate industry, as long as someone recognizes him, there are still many people who know him.
(PS: The new book asks for an ending, flowers, evaluation votes, your support is the author's motivation).