Reborn Tycoon Rise
Chapter 363 Type B official letter exchange for land certificate
"Okay, let's do this. Currently, the largest toy company in Xiangjiang is Kaida Industrial. This company has nearly a thousand employees and stable profits. With 20 years of toy production experience, I originally thought this company would become our company. supplier, now that you want to enter the toy industry, then just acquire this one." Xu Zhi nodded and agreed.
Wang Liming may not have thought very carefully, but he was right about one thing. At least in the past five years, Xiangjiang's industry has had a good foundation. So now investing in a toy factory in Tin Shui Wai can ensure the maximum benefits for the comic peripherals. It can also ensure the smooth progress of Evergrande’s plan to develop new towns.
As for the 1990s, after the per capita wages in Xiangjiang rose too high, there were no solutions. Ordinary toys may not have high profit margins, but that was because most of the factories in Xiangjiang were OEMs. Because of the copyright, comic peripherals have become a legal monopoly, and the profit margin is naturally much higher. At least some high-end toys do not care about this labor cost.
Even if the mainland becomes the new world's factory in the future, ordinary toys may be moved to the mainland, but some high-quality toys can still be produced in Hong Kong.
As long as the smooth development of the industry in Tianshuiwei is ensured, the entire new town's economy will flourish and it will be able to continuously provide itself with huge profits.
The development of new towns is an investment plan that spans decades. Even if the land is developed in the future, a large number of businesses will continue to return huge rents. However, Tin Shui Wai is different from Hong Kong Island and does not have the assistance of a large amount of overseas and mainland funds. , so the number of industrial employment is fundamental to the operation of the entire economic system.
Of course, the ultimate goal is for Tin Shui Wai to attract a large number of other commercial companies to invest and settle in, which can further stimulate economic development and help Tin Shui Wai solve the problem of a single economy.
"Kaida Industrial, I have heard of this company. It has a certain reputation throughout Hong Kong. Last year, it invested 40 million Hong Kong dollars to build a factory in the Shekou Industrial Zone. It also caused quite a stir in the entire business community in Hong Kong. It was a sensation, but this company is an unlisted company, so if you want to acquire it, it will be quite troublesome." Wang Liming recalled.
"Yes, it's a family business with excellent returns, but it's not a listed company. It's really not easy for you to acquire it. Are you sure about it?" Xu Zhi asked with a smile.
Wang Liming nodded and said: "Chairman, don't worry, I will definitely acquire this company within three months."
"Okay, I'm waiting for your good news." Xu Zhi nodded and said: "I'm calling you here now. In addition to the construction of the factory in Tianshuiwei, there is one more thing I need you to do. Have you heard of Type B?" Official letter in exchange for land certificate!”
"I've heard of it." Wang Liming nodded.
Xu Zhi smiled and said: "I want you to release the information that Evergrande is ready to buy this kind of land exchange certificate."
Type B official land exchange certificate, referred to as land exchange certificate, has appeared as early as the end of the 1950s.
At that time, heavy rains in Xiangjiang caused floods and caused huge economic losses.
Afterwards, the British Hong Kong government decided to build canals to control floods and tidy up water channels. Because the project involved many villages, many houses had to be demolished.
Demolition required a large amount of cash, and the water control project itself was extremely large. The British Hong Kong government simply did not have the financial capacity to pay such a large amount of cash, so the "Type B Official Letter Land Exchange Certificate" was born.
The Hong Kong government issued a "land exchange certificate" corresponding to the area of the demolished house in proportion to the area of the house to be demolished. Anyone who holds this certificate can exchange land with the government according to the proportion.
At that time, the Kowloon Peninsula was waiting for development, and the land in the New Territories was worthless. If it was given to real estate developers, people might not even take a look at it. The government's thinking at that time was: those of you who have obtained the land exchange certificate, As long as you are in the specified habitable area, you can redeem the corresponding area.
However, the development speed of Hong Kong's real estate industry has exceeded everyone's imagination. In less than twenty years, the Kowloon Peninsula has been developed and is almost overcrowded, and the area of the New Territories far exceeds that of Hong Kong Island and Kowloon. If it were not for the issue of the handover deadline in 1997 , the New Territories have long been eaten up by this group of hungry real estate developers.
Some far-sighted businessmen, such as Lee Shau-kee, began to acquire large quantities of "Type B Land Exchange Certificates" as early as the early 1970s. This was because he had long ago judged that the New Territories would be an area that the Hong Kong government would focus on for development.
This early foresight also laid the foundation for Lee Shau Kee's subsequent rise. In the 1990s, with the help of land exchange certificates, Lee Shau Kee acquired a large amount of high-quality land in the New Territories at an outrageously low cost.
Equally discerning is Chen Tingyao, chairman of Nan Fung Group. As early as the 1960s, he began to acquire land exchange certificates. With this investment, by the 21st century, the Chen family's family wealth reached hundreds of billions of Hong Kong dollars.
The reason why the "Type B Official Letter Land Exchange Certificate" is valued by many bigwigs is because it has a certain priority. This is the government's original commitment. Even if the land is auctioned by the Hong Kong government, no matter what price others offer, the Hong Kong government must follow The original contract gave the land to the person with priority rights. This is the attraction of the "Land Exchange Certificate".
This kind of preferential privilege has attracted the attention of real estate developers when the real estate economy has surged in recent years. From the late 1970s to the early 1980s, many real estate developers have acquired a lot.
However, these people could not have imagined that in less than half a year, the Iron Lady would fall down in Tiananmen Square. This fall would be a devastating blow to Hong Kong's economy, and the real estate market would collapse, even in Hong Kong and Kowloon. The land could not be sold, let alone the New Territories, and the "Type B official letter for land exchange certificate" naturally became "waste"!
"Chairman, are you just releasing the news and we are not involved at all?" Wang Liming asked.
"I won't participate for the time being, but I can invest a little to show off." Xu Zhi shook his head and said, "But prepare some cash for me. A few hundred million Hong Kong dollars is enough."
"Okay, I understand." Wang Liming nodded and agreed.
"Okay, let's go." Xu Zhi waved and smiled.
At present, although the average land price on Hong Kong Island has dropped a bit, there are still many real estate companies purchasing "Type B Official Letter for Land Certificate". If Evergrande also jumps in at this time, it will only cause the price to skyrocket. From an investment perspective , this is not cost-effective.
But now it is just news that the price of "land exchange certificate" will still rise, and a bunch of real estate speculators will inevitably stock up at high prices with the intention of making another big profit.
The mantis stalks the cicada and the oriole behind them. Xu Zhi is preparing to catch the mantises like them. You must know that the process of purchasing from farmers one by one is still quite troublesome. As long as the real estate crisis breaks out in a few months and the future is unclear, these companies will Crying and begging for the land exchange certificate in his hand.
Of course, some real big guys will not give up casually, such as Lee Shau Kee and others. They themselves have full confidence in the future of Hong Kong. At the same time, the development of their own companies is relatively stable, and the debt ratio is not high. Some companies even happen to be in Hong Kong. We went public to raise funds when the stock market was at its peak, and we had a lot of cash on hand for expansion during the stock market crash.
As long as you survive it, your future "money prospects" will naturally be limitless.
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