Reinventing the Millennium

Chapter 466 Normal Competition

Fang Zhuo made a trip to Pudong and brought back a fund client worth tens of millions of dollars, the son of a friend of Lao Qiu, and some very important news.

However, he still had some doubts about his opponent this time, so he asked Liu Suyi of Yonghe Real Estate to explore the facts.

On March 4, Fang Zhuo made an appointment with Liu Suyi to discuss the bidding in the afternoon, while leaving time to deal with chores in the morning.

At nine o'clock in the morning, Lin Huisen, the son of Lao Qiu's friend, came to the CEO office of Hang Lung 23.

After Fang Zhuo approved a document, he took Lin Huisen directly to the company's black Audi and went straight to the Medical Group on the 23rd floor of Jinmao.

When we arrived at the place, Fang Zhuo stood at the elevator door with him and asked: "You were introduced by District Chief Qiu. I have known him for a long time. We have been close friends since he was the deputy chief in Lin'an. Are you willing to come?" It’s great to be in Shanghai, but we have to put our words first.”

Lin Huisen faced the well-known President Yike and seriously agreed: "Okay, Mr. Fang, please tell me."

Fang Zhuo actually already knew this from Lao Qiu. He led this person towards the medical group, and soon stopped, pointing to the conspicuous inscription that could be seen as soon as he entered the door,

Lin Huisen: "..."

Fang Zhuo said earnestly: "In a city like Shencheng, you must not be domineering, otherwise you will not know what connections you will encounter. Even the department you are in is not the only one who has connections. Don't cause trouble for me, do you understand?" ?”

Lin Huisen was really shocked by the leader's name.

He replied honestly: "I understand."

Fang Zhuo just wanted to show this person the inscription. When he saw that it was effective, he immediately returned to Hang Lung 23 and asked someone to arrange further work for him.

This one was slightly vaccinated. Fang Zhuo thought about dealing with one of them, and also giving a heads up to the new one.

At 11 o'clock in the morning, Fang Zhuo met Ni Ni Boren, who had come to apply from Chengdu, in the office. Afterwards, he took this man down and drove around in his Ferrari and chatted.

"Xiao Ni, I've been here for two days, are you still getting used to it?"

Ni Boren said politely: "Uncle Fang, get used to it, Shanghai is very big and prosperous."

Fang Zhuo nodded and asked, "I heard that you rented a large house to live in Shanghai. Did you come here alone?"

"Well, it's just me." Ni Boren replied.

"Is Lao Ni very rich? Are you renting such a big house by yourself?" Fang Zhuo asked again.

Ni Boren didn't know how to answer.

Fang Zhuo continued: "Your dad and I have been friends for many years. Lao Ni has been thinking about MBO acquisition of Changhong in the past two years. From what I know, he gained wealth after meeting Li Dongsheng of TCL and his success. The idea came about due to the growth of style.”

Ni Boren often heard his father talking about TCL at home, and he agreed with this statement in his heart.

"But Lao Ni didn't succeed." Fang Zhuo patted Ferrari's steering wheel, "It must be a pity for him that he didn't even make the Forbes list after decades of ups and downs.

"In this city right under your feet, there are many opportunities, and there are many people whose wealth surpasses your father's."

"You were an intern in Changhong before, but it will be difficult for you to surpass your father's contribution throughout your life there. There are all kinds of constraints there that even make me frown. You are holding up your father's reputation, which is not necessarily good or bad."

"It's different when you come here. Yike's current market value is three or four Changhong. I think there are still advantages for you young people to learn from. You should concentrate on hard work and don't be self-conscious based on your father's status or wealth. Impressive."

"When you can buy this car with your own ability, then you will have the capital to be proud of and say that you can try to compare with entrepreneurs like your dad in this life."

Fang Zhuo met this Ni Boren last time in Chengdu, and thought he might be relatively smooth. Although he is simple but a bit arrogant, he can be polished by being thrown into the supply chain and seeing the outside world. But today, since he received the previous one , let’s just talk about it by the way.

For Ni Boren, the image of his father should be quite tall.

Fang Zhuo has his own judgment about Ni Runfeng, but he will not pass it on to the next generation.

Including Fan Yuanzhi, who was the first to come from New York, Fang Zhuo had no prejudices and felt that people with different connections would be more worry-free when dealing with companies from various countries.

Facts have proved that Fan Yuanzhi did a good job, and he was rated as an outstanding student a year ago.

Fang Zhuo gave some gentle words of encouragement to Ni Boren, and when he saw that he was thinking, he knew that he had listened.

The two people I met this morning seemed to be okay. If there is another person who is difficult to avoid but has a domineering personality, it will be easier to deal with. Fan Yuanzhi, who has excellent grades, can be brought to New York to see the world.

In the afternoon, Fang Zhuo welcomed Liu Suyi, President of Yonghe Real Estate.

Liu Suyi knew what he was here for, so he didn't waste any time and briefly introduced the current situation.

This time, everyone is rich. Among the seven bidding companies, Bailian Group may be the only one that is worse. Even Yongke, which has not been established for a long time, is richer than Bailian Group.

Not to mention that Yongke is backed by Yike, which can provide paid funds when necessary. The Dongwukuai project it owns represents money. This is something that Bailian Group, which has also been established for a short time but has no real estate projects, cannot compare. .

Real estate pays attention to a high turnover, and this high turnover is not limited to one project.

Generally speaking, according to the requirements of the China Banking Regulatory Commission, the condition for banks to lend money to real estate companies is to have a construction certificate, and to obtain the construction certificate, you must pay the land transfer fee as agreed.

That is to say, developers must first have money to pay to the government, and after successfully acquiring the land, they must obtain the land certificate, construction certificate and other four certificates before they can get a loan from the bank.

In actual practice, although project A has not obtained land and cannot get a loan, there is still project B under development. Project B can be borrowed from the bank, and the loaned money can be used to pay the land transfer fee to project A. After successfully obtaining the land certificate and obtaining the four certificates for Project A, we can take money from the bank for our own project, and use this money to return the mortgage for Project B to the bank.

This chain is not limited to projects A and B, but can include C, D, E...

As long as high turnover can be ensured, developers can successfully expand their scale.

Of course, bank money is only one of the ways to obtain funds, and other over-the-counter capital allocation and other methods are often used together. In particular, MIGA Fund is now the first legal and compliant sunshine private equity in Shanghai, and it can be obtained in the form of a trust. Obtaining funds is just a replacement for adding high-cost funds to the process.

"Mr. Fang, Sun Hung Kai has been making frequent moves recently, and Kerry Properties is also very high-profile. Sun Hung Kai is the third eldest of the three Kwok brothers, Guo Binglian, who came personally, and Kerry Properties, the eldest son of Guo Ho Nian, Guo Kongsheng, also came forward."

"As for Changshi, no one from the Li family is here, only a senior vice president is taking care of it, and it's relatively low-key."

"Mr. Fang, since even District Chief Qiu said this, I'm afraid it's Sun Hung Kai we need to face this time."

Liu Suyi sat on the sofa and talked about the situation.

Fang Zhuo rubbed his chin and felt a little strange: "Is it really Sun Hung Kai? The Li family doesn't seem to be the type to get along with. Last time they were robbed of a big project, so they are so low-key this time?"

Liu Suyi smiled and reminded: "Mr. Fang, Sun Hung Kai should not be underestimated."

Fang Zhuo pondered for a while and asked: "After the bidding, the results will be announced immediately, right?"

"Yes, the results will be announced on the spot as soon as the bidding deadline comes." Liu Suyi paused, "This is to avoid room for manipulation."

Fang Zhuo said with regret: "Well, it's about fair competition."

The office was quiet for a while.

Fang Zhuo asked again: "Do you think this bidding price of 3.7 billion can be won reliably?"

"Everyone's estimate is that 3.5 billion is relatively high." Liu Suyi replied, "37 should be very confident."

Fang Zhuo frowned: "Who is this 'everyone' of yours?"

"Because there are only 7 companies this time, most of them are from outside, so local friends are more open and honest. We have organized three analysis meetings, and we all think that 30-35 is a reasonable range." Liu Suyi answered seriously, "Sun Hung Kai and Jia Jia Li Jian did not hold a tea party, and vaguely mentioned value judgments, which would not sound too high."

Fang Zhuo nodded slightly.

He thought for a while and then said: "Are you sure Changshi won't secretly cheat Chen Cang this time?"

Liu Suyi felt that the Li family must have enmity with the boss. He was so obsessed with it that he said with a bit of laughter and tears: "Mr. Fang, I'm really not sure..."

"It makes sense. I'm not overly concerned about this matter. The main thing is that you don't know the way Zhou Kaixuan looked at me for the last time. I always feel that the Li family will not let go of the prime land so easily." Fang Zhuo said while picking up the phone, " I'll ask someone to check if there is any flight record of Zhou Kaixuan coming to Shen."

Liu Suyi: "..."

In normal business competition, you can occasionally worry about the appearance of your opponents, right?

He didn't wait for the results of Mr. Fang's investigation, but he already knew that Deputy Zheng in the city had also been included in normal business competition by Mr. Fang.

Such competition is very commercial. Liu Suyi thinks this time it is very stable.

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