Rebirth: My dad is a coal boss
Chapter 241
Lin Hao smiled at Secretary Wu, then took the report from her and started to read it. He didn't care at first, but the more he read, the more shocked and surprised he became. He couldn't believe it.
Zheng Wanrong had said something about the mining company before, so Lin Hao was fine when he saw the report, but in half a year, the number of coal mines increased from 5 to 65 now, more than ten times, and the number of employees increased from a few thousand to tens of thousands.
The most important thing is the money to buy these 65 coal mines. Only the first few were spent. The following dozens of mines were all purchased through mortgage loans, and then the mines were purchased with mortgage loans. In this way, these dozens of coal mines were bought in half a year.
These coal mines are only a few million small, tens of millions large, and there are about 10 coal mines with more than 100 million. The total cost is more than 2 billion, which can be said to be very cost-effective. When the price of coal rises next year, it will not be this price.
Lin Hao kept flipping through the report, which was very detailed. Most of these coal mines were in Huainan, and some were in Shanxi, Inner Mongolia and other places. What surprised Lin Hao the most was not the number of coal mines and the number of employees, but the fact that the mining company actually made a profit last year.
You should know that the price of coal has been sluggish in recent years, and many coal mines are operating at a loss. The Lin family is better, but they are just trying to break even. Unexpectedly, after acquiring these coal mines, they actually started to make a profit.
Although it is not much, it is also profitable. The mining company is still in the process of integration. After the integration is completed next year, it will take off.
When he saw the real estate company, Lin Hao was really shocked, "Mom, why is there so much money in this account, more than 50 billion?" Lin Hao asked in surprise.
It's impossible not to be surprised. When Lin Hao left half a year ago, the total amount of funds in the company's account was less than 1 billion yuan. Although the municipal government later approved a loan of 5 billion yuan, only half a year has passed and the funds have increased tenfold. Moreover, the report shows that the company has now acquired dozens of plots of land in cities such as Jiangsu, Zhejiang, Shanghai, and Anhui.
This is completely beyond Lin Hao's expectations. In Lin Hao's imagination, relying on his own trick of acquiring land, mortgage loans, and then acquiring land, he can rise quickly and accumulate original capital in this cycle, but this is too exaggerated.
More than 50 billion yuan, and so many plots of land, in total, not a penny was spent, and there was more than 50 billion yuan in cash. According to Lin Hao's estimation, the land acquisition and loans in the past six months can only be more than 10 billion yuan.
Although the Huainan Municipal Government loaned 5 billion yuan, it was because Lin's Mining was in Huainan and its foundation was here. Moreover, Lin Fugui's network of relationships was also very thick over the years, so he could borrow 5 billion yuan.
Now you have 50 billion. How did you get it?
"Your father took the 5 billion approved by the government and frantically acquired various coal mines, spending about 2 billion. Then he took all these coal mines to the bank for loans, recovered the funds, and then took the contract signed with the municipal government to the provincial capital to discuss cooperation. Your father also had some connections in the province. With more than 5 billion in cash, dozens of coal mines, and the contract of the Huainan Municipal Government, he smoothly negotiated a lot of cooperation in the province.
After that, he took the contract negotiated in Anhui Province to Jiangsu, Zhejiang and Shanghai to discuss cooperation. Your father boasted loudly, saying that he was the richest man in Anhui Province and a coal tycoon. He would invest tens of billions of dollars at any time, drive so many local jobs, pay so much tax, and boost GDP, because there were tens of billions of cash in the company's account, and the company The company also has dozens of coal mines, plus contracts signed with the province.
Now it is a market economy. In order to boost the economy, your father is always a guest of honor wherever he goes. In many places, as long as your father is willing to invest, land is given for free, and loans are easy to negotiate, many of which are interest-free or low-interest. In this way, in half a year, the company's account has more than 50 billion yuan, but most of this money is from the bank. "
Hearing Zheng Wanrong's words, if Lin Fugui is in front of him now, he would give him a thumbs up and say, "Awesome."
It's impossible not to be awesome. Lin Fugui really took speculation and scalping to the extreme. He is better at drawing cakes than himself. But thinking that Lin Fugui started his business like this, I feel much calmer.
Looking at the report, Jinling took 5 plots of land, Suzhou 5 plots of land, Wuxi 3 plots of land, Hangzhou 5 plots of land, Ningbo 4 plots of land, Wenzhou 2 plots of land, and some other prefecture-level cities took 2 or 3 plots of land, and as few as 1 plot of land. Jiangsu and Zhejiang provinces took more than 30 plots of land.
Shanghai took the most, a total of 8 plots of land. Lin Hao took a rough look and found that they were all in Pudong, Huangpu, Jing'an, and Xuhui districts. Together with a few plots of land in Anhui Province, there were more than 50 plots of land.Looking at these lands, Lin Hao felt that he could just lie down and do nothing.
His family only needed to hold these lands and not develop them. After 10 years, he could lie down and count money without doing anything. Why bother working so hard? This idea was thrown away by Lin Hao in less than 3 seconds. That would be too useless. He had finally been reborn for a while, so he must do something. It would be boring to lie down.
Of course, he could only think about it. He had taken so much money and so much land, so he still had to work. Otherwise, he would be asked to go in and operate a sewing machine in a minute.
"Has the land in the city center been developed?" Lin Hao asked Zheng Wanrong. That land was the first land for their family to enter the real estate industry, and it was of great significance.
"It's already under construction, and it's been almost half a year." Zheng Wanrong replied.
"It's a complete waste to have so much money in the company's account. This money should be used. I think we can be bolder." Lin Hao looked at the 50 billion figure and felt a little jealous. He was now penniless. If he wanted to make a big move, he had to wait for another half a year, at least until the end of March.
"Be bolder. Even now, I'm a little worried. The money came too quickly. Will there be any problems?" Zheng Wanrong asked a little worriedly. At first, she was very happy. The scale of the company expanded many times, but as the development became faster and faster, it made her feel unreal, and then she began to panic.
"What problems can go wrong? I saw that the bank loans above are at least 3 years, and many are 5 years. By the time the time comes, our family doesn't know how many times we will earn with this money. And I saw on the report that the price of coal mines has begun to rise. This is also the reason why the mining company was profitable last year. According to my guess, in 2003, the price of coal will continue to rise, and the demand will increase."
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