Rebirth of the Age of Wealth

Chapter 142 Wanhong Real Estate

Although the weather in June was hot, Chen Gu felt a chill in his heart. The first regulation came as promised, making Hainan the focus of the country.

The monetary policy tightened and real estate companies were prohibited from going public for financing, which suddenly plunged Hainan's real estate industry into a cold winter.

It also broke the backbone of real estate companies and made all real estate companies realize that the capital chain is a fatal problem.

Chen Gu felt a chill in his heart. If it had been a month at night, he might have been among those who jumped off the building, but he was not the only one who had the chill.

Ma Jun arrived in Qizhou the night he learned about the control policy. Except for meeting Li Weidong on the first day, he never showed up.

Now banks are tightening money and the market is not allowing real estate companies to raise funds.

Many real estate companies are on the verge of bankruptcy, but Li Weidong is sleeping with more than one billion in funds on his account.

At this time, as long as you acquire these bankrupt companies, you will have a lot of land in your hands, and you will be waiting to make a fortune in the future!

So they feel that now is not a crisis for Li Weidong, but an opportunity to enter the real estate market.

However, the market needs to ferment, and buying at the bottom is a good thing, but be careful not to buy it halfway up the mountain. It may be better to wait for a few days to stabilize, and you can't eat hot tofu in a hurry.

On the evening of the foundation laying ceremony of the motorcycle factory, Li Weidong met Chen Gu and Ma Jun in the office.

The office is located in Courtyard No. 3. Li Weidong’s original address was reorganized and became Li Weidong’s temporary office.

A newly purchased small building is being renovated. It won't be long before Li Weidong can have a new office.

"Have you thought about it?" Li Weidong asked, looking at the two people in front of him and the plan on the table.

Ma Jun had been thinking about this issue since the last time Li Weidong talked with them. He even wanted to drag his original companions to cooperate with Li Weidong.

Things didn't go well. When people got rich, their ideas changed, and they officially began to part ways. Except for Zhang Pan, who wanted to continue to engage in real estate, everyone else was doing their own thing.

"Well, I've thought about it!" Facing Li Weidong's inquiry, Ma Jun said that he didn't have many assets in his hands. Cooperating with Li Weidong would undoubtedly mean giving up the initiative, which was more serious than not making money.

But he learned about Li Weidong from Chen Gu, which made him full of hope. Li Weidong would definitely not jump into this industry himself, which would increase his power in disguise.

Li Weidong has a great say, which is very disadvantageous for him. If Li Weidong makes any excessive demands, he is unable to resist.

However, judging from Chen Gu's appearance, it feels very comfortable to work with Li Weidong.

Although I have less say, it is a good thing that the cake can grow bigger quickly!

As for Chen Gu, he had no idea. In his mind, he would do whatever Li Weidong asked him to do.

There is no issue that needs to be debated. After so many times, if he still can't see the situation clearly, it will be a hammer.

When did Li Weidong engage in a loss-making business? In addition to the thirty trucks of equipment extorted by Wang Xu, the grass on Wang Xu's grave is now three feet high.

After hearing the affirmative answer, Li Weidong picked up the plan on the table and read it. Most of the things were what Li Weidong said before, and some of the plans formed by their own ideas were added.

The main goal is this effect. Although there are still many obvious shortcomings, it is already good for this era. In the future, as we gain more experience and slowly make corrections, we will avoid a lot of detours.

"Why is it only 100 million? What can 100 million do?" Li Weidong had different opinions when he saw that the budget was only 100 million.

In cities like Beijing and Shanghai, residential land prices start at one million per acre, and some plots of land can cost several million. How much land can you buy with just one hundred million? Nowadays, bank financing is extremely difficult, and almost all land must rely on its own funds.

"Boss Li, many real estate companies are on the verge of bankruptcy now. Land is very cheap. As long as it can be mobilized, it is only a matter of time before it develops!"

Ma Jun explained that he had thought about this money repeatedly and made precise calculations, and it was better to be conservative.

"What we are short of now is time. A community has 100 acres of land, and your 100 million is gone. How can we develop?" Li Weidong sneered at Ma Jun's words. Now that he has money, why does he need time?

"Real estate is a capital-intensive enterprise. Nowadays, bank financing is extremely difficult. We have to rely on ourselves. There is no point in not having enough funds!" Anxia Real Estate has 12.3 billion in its account, and Li Weidong wants to spend it.

"Lao Ma, if you are engaged in residential real estate, the capital flow is fast, but the capital is not occupied. I will invest 300 million. But there is only one requirement, make it high-quality!"

Ma Jun was very excited. As for the dilution of his two to thirty million, it was a trivial matter. Li Weidong had the final say anyway.

It doesn't matter if you hold more or less shares. It's more practical to make the cake bigger quickly.

With so much money, how much land can be bought? Ma Jun can't wait to sign the contract now and buy, buy, buy!

"Thank you, Boss Li! You, the boss, need to confirm the name of this company!"

Li Weidong is the absolute majority shareholder, and the naming rights of the company must be in his hands.

But for Li Weidong, there really isn't much other way to choose a name other than plagiarism. Unfortunately, good names have already appeared.

"What do you think of Wanhong? If you don't think it's good, just choose one yourself!" Li Weidong half gave up this power.

"You set up your own company. I usually won't interfere with the company's operations, but I will send a financial audit specialist, and large amounts of funds must be approved!" Li Weidong's request was simple.

"This is what it should be. I will report to you for approval of every use of funds!" Ma Jun quickly stated that the boss's funds must not be spent casually, and they must be approved no matter what. However, trust is something that is slowly built up.

Although the name Wanhong is not very good, but the boss has spoken, you can still object.

The rest is a matter of process. Contracts and agreements must be made clear, and each item must be carefully considered. A business worth hundreds of millions cannot be an oral agreement.

Chen Gu looked at Li Weidong and felt anxious. Li Weidong asked him to rest at home with the child. He had already held the child for a month and had already rested.

Now that Ma Jun and Li Weidong are partnering in real estate, what should he do? He wants to slap himself in the mouth now. If he had known, he would not have let Li Weidong see this person.

"Why are you so anxious? You have a net worth of tens of millions and you don't have any concentration at all?" Li Weidong sighed as he saw that Chen Gu had been getting angry these days and still didn't have any concentration at all.

"Brother, ten or twenty million depends on who you compare with. You have already said that from now on, with this amount of money, I can only be considered a middle class person. Without you, I would be nothing!" Chen Gu said it sincerely!

"Do you still want to do real estate?"

"Of course, this is easy to do. As long as you have money and a continuous capital chain, you will definitely make money!" Chen Gujue answered simply and neatly.

This business is easy to do, as long as you have money, nothing is a problem.

"Then you go ahead and do it. You can do both residential and commercial properties, but the main focus is on residential real estate. Anxia Real Estate will leave 400 million. You can invest as much as you want! My shares and other funds will be transferred to this company.

inside!"

The future of commercial real estate is still good. Li Weidong took out a document bag and handed it to Chen Gu.

Please collect and recommend

(End of chapter)