Extraordinary Genius

Taihua Land is the only real estate company of Taihua Holdings. The company was originally a subsidiary of Taihua Group, a property management company of Taihua Group, a real estate company of Bingcheng Pharmaceutical Group, and a real estate company of Bingcheng Machinery Manufacturing Group. It is now a wholly-owned subsidiary of Taihua Holding Group.

At the beginning of many state-owned enterprises in China, there were real estate companies under the company, which was to relocate the old factories, and then open and sell them to make money. At that time, many state-owned enterprises’ main business did not do anything, and always wanted to make some money, so that Factory workers can survive the storm.

Later, Feng Yu saw that they were fighting each other. There was no scale, and the strength was also slow. Just when the Taihua City Group expanded, it needed a real estate company to integrate it and form a large-scale real estate company.

Later, the Taihua City Group expanded to a certain scale, and the first- and second-tier cities have basically occupied. Below the third-tier cities, it is not suitable for opening Taihua-level hypermarkets. It is no problem to open a Taihua city, so this business is sorted out separately. It became a land of Taihua.

In this way, the Taihua City Group has more sufficient funds, and the Taihua Holding Group can also use Taihua Land to build new factories and office buildings.

But to be honest, Feng Yu has not paid much attention to this aspect. This China Huaxia does not use real estate as a pillar industry, but urban infrastructure and transportation as a pillar industry. Real estate is only an auxiliary project.

Therefore, the rise in housing prices in this summer is not as fierce as in the past, and it has avoided many bubbles. However, because China's overall economic level is high, people's need for the house is still increasing, and the transformation of the city's shantytowns is also vigorously promoted, resulting in the rapid rise of housing prices in good locations.

This also allows Wanda to have space for exhibitions, so that Wang Jianlin can become the leader of the private real estate industry in China, even better than many of the central and corporate exhibitions.

At present, the general exhibition of Taihua Landmark is just in the tenth place in the country. It is very satisfactory to many people. However, in Feng Yu’s opinion, the exhibition is still not good, mainly because of the level of management in this area. Also relatively small.

The profits of other real estate companies are good, and the annual turnover is growing rapidly. However, the land of Taihua is slower and slower, and the main profit has become the rent of office buildings and shopping malls. They have never been homes, and of course they have lost a large market.

However, Taihua Land has many professional technical and management talents, machinery and equipment are sufficient, and there is no debt, and the assets are still very high quality.

What Wanda lacks is this aspect, so when it was in the exhibition, there was a lot of cooperation with Taihua Land.

Wang Jianlin saw, anyway, your Taihua Land is not the main business of Taihua Holdings, and the annual revenue is not high. Maybe Taihua Holdings really doesn't care about this business, then he bought it right.

If Wanda has annexed the land of Taihua and the reserve land owned by Taihua Land, after the opening, Wanda may become the world's first urban complex, and the property assets can rise to the top in the world!

China's first and the world's first, it sounds very different, which is also crucial to promote the listing of the future.

In fact, Wanda does not look very large, but the debt ratio is extremely high. Although there is no risk of bankruptcy at the moment, the debt ratio is high, and there are many restrictions on the group's exhibition. Most of the money earned is used to pay off debts.

The interest on debt is rolling down every year, and their pressure is also great. With the listing of shares, with the funds, it can reduce the debt ratio, reduce the risk of business operations, and also increase the profits of enterprises.

The more quality assets, the higher the stock price will be when the stock is raised, and the same amount of stocks will be able to raise more funds, which is more cost-effective.

Anyway, Wanda Group still has shares in Taihua Consulting. That Taihua Consulting is not a subsidiary of Taihua Holding Group. It is not Fengyu's industry.

Feng Yu will not suffer from falling right and left, and Wang Jianlin feels that his proposal is not abrupt.

Originally, he planned to talk to Liu Chuanzhi. Since he met Feng Yu today, it was better to talk to Feng Yu. After all, Feng Yucai is the real decision maker of Taihua Holdings today.

He saw Feng Yu's thoughts on his thoughts, and his heart was even more excited. No objection, that is a play!

Feng Yu Niutou asked Wu Zhigang: "Gangzi, how much is the property of Taihua Land?"

"Accounting for our reserve land, as well as property assets such as office buildings, the value of the calculations was about 4.9 billion rmb. It is absolutely no problem now."

The Fengyu Building and the Taihua Building are also hung under the Taihua Land. These Fengyu are not intended to be sold. The wind and rain building was sold to the Wanda Group, what is going on?

“What kind of property is demolished in the office building, a property asset management company is set up, and the remaining assets can be sold to the Wanda Group. Wang Dong, even if the property is split, the remaining land, machinery and personnel Assets such as brands and brands have to be worth more than 30 billion rmb. Even I am selling 40 billion yuan. Some people are rushing to buy. How much are you going to pay, is your money enough?"

Wanda doesn't look great on the plate, but the debt ratio is too high, 40 billion in cash, they can't get it. Feng Yu's meaning is to exchange this part of the assets for the big stock.

When Wang Jianlin heard Feng Yu ask, he immediately replied: "We are planning to raise shares in the market. In view of our brand at this time, it will be very simple to raise shares. It is absolutely no problem to raise 20 billion US dollars."

"Oh? Are you planning to go public? On the other side of New York? The market there doesn't seem very good."

The report of Wanda at this time is definitely non-profit, so it is impossible to go public in China, and Xiangjiang is also difficult. It can only be listed on the Nasdaq market.

Why do many companies in China choose to go public on Nasdaq because the gates there are low. Of course, Nasdaq’s bankruptcy and delisting companies have always been the most.

However, at this time, the impact of the economic crisis triggered by the financial crisis in the country has not yet passed. The stock market in the country is still at a low point and there is no point in raising it. It is not a good choice to go there when it goes public.

If the market is not good, then there will be fewer investors. At this time, the stock market will be listed, and the price will be difficult to set. The same amount of stocks will be able to raise a lot of funds. At this time, the listing is a disadvantage.

Of course, if some companies have reached the point where they have to go public, they will also choose to go public at this time. Feng Yu thinks that Wan Da has not yet reached this time.

"Feng Dong's meaning, want to use this part of the assets to invest in the stock?"

Wang Jianlin frowned. Wan Da went through a round of non-public financing. Among them, Taihua Consulting is also one of the shareholders of Wanda. If this time, let Taihua Land become a shareholder, then the absolute controlling right of Wanda may not be He is in his hand.

At this time, he had to consider the pros and cons.

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