Rebirth began in 2004

"Let's get down to business. Have you finished reading the annual report of Hengtong Real Estate? How do you feel about it?"

Chen Wei threw the thick annual report on the coffee table. This annual report was much more detailed than the annual report published to the outside world.

Above, Hengtong Real Estate’s projects across the country are also listed.

Hengtong Real Estate is developing a total of sixty-seven projects at this time, which can be said to be quite a lot.

As a pure real estate development company, Hengtong Real Estate has not established its own construction company and design company, all of which are outsourced.

The real estate industry is now also a segmented industry with a very clear division of labor.

Yang Hongmei also doesn’t want to say that Hengtong Real Estate has embarked on an asset-heavy path, and it would be good to engage in asset-light operations.

It seems that Hengtong Real Estate has not made a lot of profits, but in fact Hengtong Real Estate can focus more on project development.

"Everything else is fine, but the debt ratio is too high?"

It is relatively normal for real estate companies to have a debt ratio of 50 to 70 percent.

But now Hengtong Real Estate's debt ratio has reached as high as 92%.

This is a bit high.

Yang Hongmei: "Actually, it's not too high. The pre-sale amount is also included in the liabilities. Besides, Hengtong Real Estate doesn't have any problems with its capital flow."

The pre-sale money actually belongs to the buyer who bought the futures, and will be able to get the house when the time comes.

Otherwise, how can it be called off-plan housing?

But this pre-sale money can be used by real estate companies.

"This is not what you said. The real estate industry will still have great potential in the future! This radical business strategy is also implemented because we are optimistic about the future."

What can Chen Wei say about this!

As long as housing prices keep rising, everything will be fine.

"By the way, the city came to me and said that they hope Hengtong Real Estate will participate in the city's shanty town reconstruction."

Chen Wei asked strangely: "Can this project be handed over to us?"

The transformation of shantytowns naturally requires the participation of enterprises, but it is generally left to local state-owned enterprises.

Several listed local state-owned real estate companies have issued special bonds to do this.

There is no doubt that shantytown renovation is profitable.

"Why can't you leave it to us? Everyone knows that our Hengtong Real Estate has a good reputation in Chengdu."

Does everyone know it?

Chen Wei thinks this is not the case.

Seeing that Chen Wei didn't believe it, Yang Hongmei laughed herself.

Is word of mouth useful?

It's definitely useful.

When you are starting to gain momentum, a good reputation can give you a boost and help you fly farther. When you are about to land, you can also give you a boost so that you don’t fall too badly.

"Rongcheng hopes to keep Hengtong Electronics in Chengdu. The R&D base you have set up in Beijing is a bit worrying."

The development of Hengtong Electronics is booming, and a consumer electronics giant is rising strongly.

Logically speaking, such an enterprise would not be born in Chengdu. If such an enterprise is to be born, it must be in one of the four first-tier cities.

There is no way, most talents are concentrated in these four cities.

Talents trained by universities in Chengdu have two destinations: to go to coastal cities and to stay in Chengdu.

With the rise of Hengtong Electronics, many related talents have entered Hengtong Electronics.

It has even begun to attract talents from outside to return to Chengdu.

Although Hengtong Electronics is registered in Rongcheng, the capital is trying to rob it.

People in Chengdu are very worried that Hengtong Electronics has moved the company to Beijing.

Finally, we have a company that can deliver, even a city business card level company. When we promote Chengdu to the outside world in the future, we no longer need to say that we only promote pandas and leisure.

You can claim that Chengdu is a city of science and technology!

Everyone knows the importance of high-tech industry to the development of a city, but it is not that easy to develop high-tech industry.

The emergence of Hengtong Electronics has given people hope.

Chen Wei: “I have never thought about moving Hengtong Electronics out of Chengdu!”

Do you eat sand in Beijing?

Yang Hongmei chuckled and said: "You haven't thought about it, but you can't stop others from worrying!"

Chen Wei is currently studying in Beijing, and the conditions there seem to be much better than those in Chengdu.

A normal enterprise would set up its headquarters in Beijing rather than Chengdu.

Anyway, this is a good thing.

"By the way, I'd like you to attend the Spring Festival group gathering held by the province this year."

Chen Wei: "Oh! No problem, it's just a good time to have some experience."

The Spring Festival group visit is a very important event before the Spring Festival.

Of course, there is one more thing that needs to be done before the Spring Festival reunion.

Didn't we say before that we would do a team building this year and go out for a while before the Spring Festival?

Chen Wei was surprised when he looked at the list of people to travel.

Are there so many people?

Liu Rong looked at Yang Hongmei. This list was made according to Yang Hongmei's request.

"Are the interns going too?"

Liu Rong explained: "Mr. Yang said that selecting a group of outstanding interns to go to team building together can increase their goodwill towards the company."

This is quite reasonable to say.

This team building trip was organized in the name of Hengtong Group, and the expenses were naturally paid for by the group.

After organizing the people who went there, they were mainly employees in Chengdu.

Of course, Hengtong Group cannot favor one thing over another.

For example, employees in Beijing also request to organize team-building tours.

We only travel, we don’t organize any group sports or anything like that.

The purpose is to relax employees and then engage in various exercises. How can we relax? It’s not annoying!

This team building organized by Hengtong Group is to bring people to a scenic spot, and the company will solve the problem of food and accommodation. As for how to have fun, that is your own business.

The company doesn't care where you go to the scenic spots.

Everyone is relaxed, how nice.

Many companies engage in team building, which is a big deal and can be very annoying. You are already very tired at ordinary times, but doing a team building to relax will actually make you more tired.

Therefore, when I hear about team building, I feel annoyed.

Chen Wei looked at Zhang Shan on the list and found it strange that Zhang Shan was not among the outstanding interns.

After some exchanges with Zhang Shan, Chen Wei instinctively felt that Zhang Shan was a truly capable person, just as good as Lu Yang.

Wait, Lu Yang is only a freshman now, and there is still considerable room for growth in the future...

In addition to Zhang Shan, Lu Yang is also on the list.

And behind Lu Yang's name, there is a mark that will bring his girlfriend.

The statistics of the entire list are quite clear. Couples, girlfriends, and boyfriends are all clearly reflected on the list.

Of course, there are also singles in the list.

Most singles come from the R&D department.

Chen Wei: "Let's count how many beautiful single girls there are in the office, and arrange for some people to go with them. This is a private count, don't put it in public."

Statistics of single and beautiful little girls, Wei Dong, this is...

What do you want to do?