Rebirth 1990: The beginning is sweet and cool Bai Yueguang
Chapter 475 2-person cooperation
The atmosphere at the table was cordial, but when the topic turned to how to implement the plan, funding became the main obstacle.
In this regard, Du Bowen revealed that there was another reason for looking for Zhou Qi, which was to solve the funding problem.
With Du Bowen's ability, it is not difficult to launch a few projects, but to expand the scale quickly, more resource support is needed.
As soon as Du Bowen opened his mouth, he revealed his ambition: he not only wanted to get involved in the real estate market in the provincial capital, but also wanted to swallow the whole cake in one bite.
This was just the first step in his grand blueprint. As in the past, his ambitions were always astonishingly large, and he always wanted to achieve success overnight.
However, being too ambitious often leads to a broken capital chain, and ultimately failure. Now, Zhou Qi is thinking about whether he should join this plan.
Now is a period of national strategic support and the real estate industry is entering a golden period of development. As one of the important pillars of the future economy, it is undoubtedly a good opportunity to participate in it.
However, the real estate sector is complex and involves many aspects of the relationship, including officialdom and society. It would be difficult to succeed without the support of any one party.
Du Bowen holds a pivotal position in Nanyue. If we can cooperate with him and utilize his resources and connections, it will lay a solid foundation for the new company.
However, there is always a problem when starting a business together - who will be at the helm?
Zhou Qi would not just contribute money without any effort. Just as he was lost in thought, Du Bowen put down his chopsticks and said, "It is not easy to set up a real estate company. With my help, you will be much smoother. I plan to invest 300 million and be responsible for daily operations; and you will be responsible for overall planning."
Indeed, becoming a top developer requires very strict conditions. Only companies with first-class qualifications can undertake projects of any size across the country.
To obtain this qualification, one needs to meet strict performance requirements, which Zhou Qi cannot achieve alone.
Du Bowen obviously has such ability. So Zhou Qi asked: "Mr. Du, can the company we founded obtain the first-class qualification?"
After getting a positive answer, Zhou Qi realized that this was a once-in-a-lifetime opportunity.
With such a golden signboard, even without talking about other benefits, this signboard alone can open up countless business opportunities.
Du Bowen nodded and said, "I have completed all the preparations, but I am just missing a partner. After listening to your ideas today, I think the time is right. I hope you can join us."
After listening to Du Bowen's words, Zhou Qi responded without hesitation: "I am willing to invest 400 million, plus your 300 million, a total of 700 million. In this way, it should not be a problem to take over the real estate market in the province."
Du Bowen smiled and nodded: "Straightforward, what do you think about the equity distribution?"
"Since there is an extra 100 million, what I mean is that the more shares the better." Zhou Qi said frankly.
Du Qianqian, who had been silent for a long time, interrupted and said, "He won't let himself suffer any loss."
Zhou Qi smiled slightly, knowing that Du Qianqian hoped that he would take less shares. After all, a daughter would always be more inclined to her father.
"Mr. Du, how about I take advantage of you and take 40%?" Zhou Qi suggested.
In fact, according to the investment ratio, Zhou Qi should have received more. But the real estate industry is about connections and experience, especially the ability to deal with local government officials.
This cooperation is equivalent to Zhou Qi using money to buy Du Bowen's connections and professional knowledge, which is a wealth that cannot be measured by money. Therefore, such equity distribution is reasonable.
However, Du Qianqian obviously didn't think so. Since she met Zhou Qi, she had never seen him suffer a loss. Now she just wanted him to give in a little, just to save face.
Du Bowen saw what his daughter was thinking and suggested, "Why don't we split it 50-50? You provide more funds, and I contribute my connections and experience. This is fair."
Considering that this was an invitation for cooperation proposed by Du Bowen, Zhou Qi gladly accepted it without further argument.
Zhou Qi then reminded Du Bowen: "Although it is relatively easy to set up a company, real estate projects are related to people's livelihood and must be done with caution. It is not advisable to rush into new projects before there is sufficient experience and a professional team."
Du Bowen nodded in agreement and asked, "Do you mean that we should set up a company first and then start reserving land resources?"
"That's right," Zhou Qi replied. "Once we have the right qualifications, we can first identify the land and then gradually advance the development. But this requires solving several key problems to ensure a solid foundation."
After listening to this, Du Bowen realized that it was not realistic to obtain the required qualifications directly, and it might have to be obtained indirectly through mergers and acquisitions or other means.
As for the specific operational details, that is what he needs to consider next.
Zhou Qi and Du Bowen were discussing a piece of land that was about to be auctioned, which might be a great opportunity for them.
"Old Du, we have to keep this matter stable. If we want to get it, we have to get it safely." Zhou Qi said seriously.
Du Bowen nodded and said, "Xiao Zhou, don't worry, I know what's going on. By the way, I heard that the province will be auctioning a piece of land soon, and I think it's worth it."
Hearing this, Zhou Qi raised his eyebrows and thought that Guangdong was different. Its development potential, both now and in the future, was second to none in the country.
The country has just introduced a series of new policies this year, and while northern cities have not yet taken any action, Guangdong has already started taking action.
He asked, “How about that piece of land?”
Du Bowen immediately asked someone to fetch a map, pointed to a mark on the riverside and said, "This piece of land is 16 acres, and the location is a little off the beaten track, not in the core urban area, and the transportation and facilities are not very good."
"But if you plan to hold it for a long time and are not in a hurry to develop it, this piece of land should be good," Du Bowen added.
Zhou Qi looked at the map. Although he was very familiar with Nanyue, this old map still seemed a little unfamiliar to him.
But he soon realized that this seemingly inconspicuous place would become a high-end residential area in the future.
As the city develops, especially with the advancement of subway and urban expansion plans, the value of this place will be immeasurable.
Not to mention the province’s largest amusement park is to be built nearby, as well as a new university and high school, all of which will significantly drive up housing prices.
"Even though the location is not the best now, the speed of urban construction is very fast, and it takes time for us to build a project. Taking this piece of land is equivalent to seizing future opportunities." Zhou Qi's eyes were firm, "Mr. Du, I think this is a very promising piece of land."
Du Bowen nodded in agreement and revealed some inside information: "The city government does have the idea of expanding the capacity, and it is very likely that this land will be included in the key development area. Your judgment is very accurate. You can even see this."
Both of them felt that this opportunity should not be missed.
Xiao Zhou, your business acumen is really excellent. I am so lucky to be able to cooperate with you.
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