Rebirth: Back to 1991 as the richest man
Chapter 755 The strong are always strong
A few days later, Li Minyang arrived in Sichuan City in person to discuss the specific matters of the Changhong acquisition case.
All of Changhong's debts were transferred to Chengde, and Chengde needed to invest another 200 million to complete the acquisition of all equity.
When Li Minyang finalized the final step and signed the contract, Zhao Ying grabbed his arm and murmured in tears.
"We have more technology than pandas. We have always... always insisted on technological innovation as the driving force. We have lived up to the country's expectations of me and trained many talents. When you founded the Chengde Association, why didn't you invite me first, but Miao Brave?"
Zhao Ying glared at Li Minyang angrily. The boss couldn't figure it out. Changhong was so good, so why did he get the chance to go to the Panda Factory? ?
Why?
I can't let you survive the difficult period, otherwise how could I acquire Changhong... Li Minyang thought to himself, but patted Zhao Ying's back to comfort him, and then said softly: "The price of the Panda Factory was higher back then. Cheap."
"But you didn't even ask me for a quote!" Zhao Ying shouted loudly, her voice broken and hoarse.
"Mr. Zhao, Changhong's development will only get better and better, and for employees and your management positions, you will only earn more than before. For example, at the Dongying factory, Vice Director Sun was the first to go bankrupt. Look how good it is now.”
Li Minyang continued to comfort him. After all, no one would feel comfortable with this matter. Changhong was clearly one step away from dominating the entire home appliance market.
"That bald guy has evil intentions, and so does the bald guy from the panda factory. They are not good people."
Zhao Ying turned around and complained fiercely. The man looked fiercely at Sun Xuwei, who was not far away. The bald man and Erbald were chatting animatedly.
I don’t know why the two bald guys are so close. Could it be that they have a lot in common?
"Yes Yes Yes......"
Li Minyang agreed casually, but his expression was solemn, and he clearly had something important to do. He hurriedly told Zhao Ying: "There will be a meeting at three o'clock in the afternoon. You will organize Changhong's leadership team."
This boss is definitely capable, otherwise he wouldn't have become a dragon-slaying warrior and transformed into an evil dragon. The next fifteen years will be Changhong's golden period.
"Mr. Zhao, come on, come on, smoke."
Xue Pengpeng leaned over and pulled Zhao Ying to chat. Li Minyang took the opportunity to leave in a hurry.
At this time, the Changhong reception room was like a busy beehive, with people coming in and out, looking very busy.
Not long after, in a quiet office, Li Minyang, Jiang Damei, Han Xinyuan, and Zhou Junzi were chatting with serious expressions.
"There are already 50 Chengde Plazas under construction, with a starting investment of 230 billion, of which commercial properties are expected to earn 510 billion, and do not include the entry fees of shopping malls; commercial properties that are jointly invested with Chengde Association and do not involve shopping malls , with a starting investment of 74 billion and expected profit of 170 billion.
The current total debt of Chengde Real Estate subsidiaries is 180 billion. "
Han Xinyuan elaborated on the financial disclosure of the real estate project.
"The main financing for real estate projects is the local banks in Fuhai." Jiang Damei then added.
How important is Chengde Group to Fuhai? Not only has it created thousands of jobs, but the loans for real estate projects and the high interest paid to banks every quarter have driven great economic development.
You must know that in the current sexy underwear market, all products are produced locally in Fuhai, and Manmu and Pillow Secret have been sold in island countries, South Korea and other countries. Production in one place must be supplied to the entire Asia-Pacific.
"Junzi, what's going on with Chengde Tesco?"
Li Minyang looked at Zhou Junzi again.
"One hundred and fifty shopping malls have been operating normally, and the land has been purchased. The total land price is more than 31 billion yuan. There are no loans, and all funds come from the group's financial remittances."
Zhou Junzi's eyebrows were furrowed, and his face looked extremely serious.
"Junzi, Chengde Tesco's capital items will all be paid by the group. By the end of this year, we must reach the scale of 200 supermarkets in operation." Li Minyang emphasized this point.
"Minyang, the scale of Chengde Tesco is now large enough to cover sales in major cities, and it is difficult for management to keep up. If we continue to expand blindly, the return will not be high. It is better to proceed steadily."
Zhou Junzi raised objections.
"You can make money just by opening a supermarket. It doesn't matter what the return is. The main reason is that the current purchase price of land is very cheap. It depends on long-term development and management follow-up."
Li Minyang said something serious, and Zhou Junzi nodded solemnly, thinking carefully about the leader's request.
"If Chengde Tesco raises funds now, financial institutions will have a very low opinion of the company. When the operation takes shape, there will be the best financing plan."
Jiang Damei then explained.
"Can the subsidiary Chengde Real Estate be listed now?"
Li Minyang asked again.
"Disaster."
Jiang Damei really shook his head, "Chengde Tesco's finances are not linked to the real estate project, and the costs of the supermarket sinking into the market are all paid by the real estate project. Although it has been in business for three years, the debt is too high. The China Banking Regulatory Commission will also scrutinize the company. After listing, the risk of equity pledged loans.”
Note: Chengde Real Estate has been in business for three years. The reason why it was able to meet the time limit was based on the renovation of the employee dormitories in the Dongying factory area. At that time, it was already counted as the business hours of the real estate project.
"Then the only subsidiary company under Chengde that can get started is Manmu."
Li Minyang said.
"Yes." Jiang Damei nodded vigorously, "But as Chengde's first listed company, the stock price can definitely soar to unexpected highs. We still have to find a good time to go public. But..."
"But what?"
Li Minyang asked.
"The fastest way to raise funds is in the form of capital investment." Jiang Damei said lightly.
"Nowadays, those who have money to invest are all foreign companies. Originally, Chengde's profit method was to rely on the dividends from China's rapid development and let outsiders make this advantage? No, no, I can't stand it."
Li Minyang shook his head and rejected, "Let's talk about the current group's accounts to ensure the normal operation of the capital chain."
"It's about 6 billion, and the main liabilities are extremely serious, but the expected profit from the real estate project is still stable."
Jiang Damei explained the situation.
The reason why this financial leader is so confident is because of the brand power of Chengde Group. As long as it is a commercial property invested and built by Chengde Group, he will not have to worry about selling it, and it will be a representative of high-end properties.
Financing methods for real estate projects are in these crazy times, otherwise Li Bancheng would not have been able to borrow 4 billion easily, so Jiang Damei is not in a hurry, Chengde's fundamentals are quite stable.
This is the truth that the strong will always be strong.
"Junzi, you have to step up your development here. Don't hold back Vice Director Xu. The channels are all handled by others. You must ensure the shipment volume of domestic brands and have a price advantage to ensure that ordinary people can buy it. to cheap items.”
At the end, Li Minyang emphasized the Chengde Tesco matter again. Anyone can see how concerned the top leaders are about this matter.
Soon, in a few months, Jiafufu, a foreign-owned supermarket, will enter the Chinese market.
But at this stage, the national economic trend is dominated by American capital. Since Jiafufu is a foreign-owned brand, American capital will also be behind the control of who sells the goods in the supermarket.
Domestic brands are on their own territory, and if their products want to be put on the shelves, do they have to look at foreign investors?
Then it's a fucking success.
"A tough battle is coming soon. We must build on the brick economy. Junzi, you call Lao Xu. I need to use that man from Shanghai!"
Li Minyang's tone was serious, he wanted to eat people and spit them out.
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