Chapter 474
When Chen Li and the others saw Han Zirui, Lu Wenzhong felt that he was too impressed. When Han Zirui and Lu Wenzhong saw Chen Li and the others walking in, he also thought of turning around and leaving?
Xinchaorui made a report on the risk assessment of Qingquan City’s private fundraising loans by investing in Qingquan City at the beginning of the year, which made people in the Central Plains Provincial Party Committee and the Provincial Government panic. Under Zheng Cong’s instructions, in order to eliminate Wanbang Jialong’s future troubles, Wanbang Real Estate was forced to spend nearly 2 billion yuan.
When Wanbang Real Estate's market value was at its highest last year, it almost exceeded 200 billion yuan, while Wanbang Real Estate held about 20 billion yuan in funding reserves all year round. At that time, 2 billion yuan was definitely not a big deal for Wanbang Real Estate. However, after a bull market madness, the securities market has now entered the stock market crash mode. The index has fallen to only one-third of the highest point last year. Wanbang Real Estate's market value has dropped to 60 billion yuan, and the capital reserves in hand have also fallen to 15 billion yuan. It has consumed 2 billion yuan in a project, which has already made Han Zirui feel quite pressured.
Wanbang Real Estate has not regarded Xinrui City as its main competitor nationwide in at least 2006 and 2007. They mainly followed Nanhua, Pu Xin Hongchang and others and increased their expansion across the country.
At the beginning of this year, Wanbang also directly felt the spread of the crisis, but there were too many projects that started in 2006 and 2007. Even though he was determined to adjust by the beginning of this year, the results were difficult to be ideal in a short period of time.
Don’t see that Wanbang is still holding more than 13 billion in cash, but has to cope with short-term debts and payments, and is worried that housing sales will continue to decline in the second half of the year, so they dare not move at all.
Compared to this, Xinrui City is much more comfortable now.
The two core projects of Xinrui City Xinrui Star City and Jinchen Yueyuan, in addition to only giving 20% discounts to internal employees, have been firmly committed to the outside world without reducing prices. It seems that the sales of housing in the second quarter also plummeted, and sales revenue even shrank even more than Wanbang and Nanhua. However, Xinrui City has 25 billion yuan in cash at this time, and the accounts payable are very small.
In the quarterly report released by Xinrui City, the listed company currently bears nearly 15 billion debts, of which nearly 11 billion debts (principal plus interest) were borrowed by Chen Li personally to the listed company. The other accumulated 4 billion debts are mainly long-term low-interest loans obtained by Xinrui Star City in participating in the demolition and renovation project of old houses.
This made it impossible for Xinrui City to reduce its debt scale at this time, but it was also closely connected with the local banking system in Shangdu, Qingquan, Yinghe, Luocheng and Jiahu.
Before the next quarterly report of Xinrui City was released, Han Zirui would not know exactly how large the new loans Xinrui City had in the past period, but as far as he had, Xinrui City had added eleven loans totaling 6.5 billion yuan in Central Plains Province in the past month.
Other real estate developers are shrinking in such market conditions, controlling risks. Xinrui City is just spreading its pace of expansion and picking up cheap chips everywhere. How could Han Zirui feel happy? How could he hope to meet Chen Li, the grandson?
Jiahu City is going to plan and build an industrial new city on the east side of its southern wing new city planning area. Currently, Xinrui City is the main partner, but Jiahu City Government also has connections with Wanbang Real Estate. Han Zirui also knows the specific situation.
The selected location is only more than 40 kilometers away from the main urban area of Pujiang, only ten kilometers away from the main urban area of Jiahu City, and only three kilometers away from the planned Jiahu South Station of the Jingpu Expressway. It is close to the southern exit of Jiahu and Pujiang Expressway. It has a very superior geographical location. Moreover, the average auction floor price of commercial and residential construction land is converted into a floor price of no more than 1,000 per square meter.
If it were last year, even if the additional conditions were extremely harsh, Han Zirui would take action without hesitation. Even if he wanted to take action this year, he would consider spending 10 billion yuan in the early stage of the project launch, which would increase the overall risk of Wanbang Real Estate to what extent.
Wanbang cannot take action, Nanhua cannot take action, Pu Xin Hongchang cannot take action, Han Zirui filtered the list in his mind and found that this cooperation between Xinchaorui and Jiahu City would not have a true competitor. How could Han Zirui feel happy when he met Chen Li?
Han Zirui was smoking a cigarette, and his eyes were flirting around Chen Li, Zhou Bin and Xiang Qiuning's faces.
Ye Nanjia and Zhao Chen were dressed in casual vacations, but Xiang Qiuning did not bring any casual clothes when she went to Shangdu and Pujiang this time. Especially today, she was afraid that she could not extricate herself from falling too deep, so she dressed more orthodoxly, and didn't seem to be swimming with Chen Li and the others at all.
As a listed company, Nanhua needs to make an announcement as an important investment intention such as signing the transfer of Xinchaorui Commercial and Xinchaorui Real Estate Equity Agreement. Han Zirui just knew about this. He was still wondering why Nanhua made such a choice. In the morning, he told people that there might be a crack in the cooperation between Nanhua and Xinchaorui. But now seeing Chen Li and Xiang Qiuning together, he naturally had to make him think about it more?
Chen Li and Xiang Qiuning appeared in Luchao Town, Songshan County. What exactly did Xinchaorui and Nanhua want to do?
Luchao Town is fifty kilometers away from the main urban area of Pujiang River and twelve or thirteen kilometers away from the urban area of Songshan County. For Xinchaorui and Nanhua, the most important resource of Luchao Town is the housing and tourism development in the Yuantuo Mountain location. Han Zirui came with Lu Wenzhong today and also took a walk to Yuantuo Mountain.
In recent years, Yuantuoshan has gathered seven or eight real estate developers, all of which are local real estate developers in Songshan County. They have no financial strength and are not qualified to enter the land market where the floor price of Pujiang has generally exceeded the 10,000 yuan per square meter. This year, although the housing prices in Pujiang are also declining, Pujiang City has significantly reduced the supply of construction land, so it is impossible to acquire land at a low price in Pujiang City. Songshan County wants to promote Yuantuoshan's tourism industry and develop tourism real estate. Local real estate companies, Spring River, have tried the waters first, but they did not expect to encounter this year's cold wave of the housing market. They can only be forced to increase preferential efforts to promote capital recovery.
Wanbang is not as rich as Xinrui City at present, but it does not mean that it will completely stop expanding, and its actions will not be too big. However, if there are high-quality projects of moderate scale, they will still take action.
When Lu Wenzhong saw Chen Li, his mood was extremely complicated.
The relationship between the Lu family and the Zheng family has always been quite close. Because of Zhou Li's case, Lu Wenzhong and Zheng Wenyuan turned against each other. However, he did not take Chen Li seriously at that time, but he did not expect that he would be ruined by Chen Li in the development of the north bank of the Longchuan River.
Chen Li never confronted Lu Wenzhong and Pu Xin Hongchang, who was behind him, for the adjustment of urban construction planning in Jiangwan District. However, under the guidance of huge interests, even Pu Xin Hongchang finally chose to support the planning adjustment and invested huge sums of money on the north bank of Longchuan River to carry out project construction.
This made Lu Wenzhong, who firmly held an opposition stance in the early stage, extremely embarrassed, and also limited Lu Wenzhong's room for his rise in Jiangwan District. After the New Year, he could only choose to be transferred to Songshan County to serve as deputy secretary of the county party committee and prepare to preside over the work of Songshan County Government.
Jiangwan District and Songshan County, the latter is not the best choice he expected for Lu Wenzhong, but if he wants to have greater development in his career, he has an indispensable experience in the district and county level. He does not want to delay his administration until he is 40 years old. Songshan County Mayor Chen Weimin is about to retreat to the second line. He rushed over to occupy the place first, which will become his best choice in his current reality.
Lu Wenzhong had just adapted to the work of Songshan County and brought Han Zirui over, considering that he could bring some substantial investment projects for Songshan County, so that he would be more legitimate when he formally presided over the work of Songshan County Government in the second half of the year. He didn't expect that today he would encounter Chen Li, the disaster star.
Lu Wenzhong and Han Zirui could not go out, and they did not mean to say hello to Chen Li, Zhou Bin and the others. When they saw them walking in, they were stunned for a while, and threw half of the cigarette on the ground and then walked directly into it.
Although seeing Lu Wenzhong and Han Zirui affects their mood, Chen Li, Zhou Bin and Xiang Qiuning cannot turn around and leave. When seeing Lu Wenzhong and Han Zirui walk in, they just shrugged and called the boss lady who is charming and sexy in jeans and tight T-shirts to order food.
Including the fishing port flavor, restaurants in Luchao Town mainly sell small seafood, and the varieties are listed in the display freezer in front of the store. Customers come to the door and directly point the dishes to the display freezer.
Chen Li asked for a private room on the second floor, and then pulled Zhou Bin downstairs to order spicy fried ivory shells, cucumber snail slices, spicy abalone shells, fried tinped fish, braised hairtail and other dishes. Ye Nanjia and Zhao Chen both shouted to drink, but in the end, Chen Li and Xiang Qiuning were responsible for driving in the afternoon, so they didn't get drunk.
After drinking, Ye Nanjia, Zhao Chen and her classmates were both blushing. They didn't see Han Zirui, Lu Wenzhong and the others, nor did they see their cars. They probably had to have eaten and left first.
"Do we want to join in the fun again?" Zhou Bin asked with a wicked smile.
They knew that Lu Wenzhong had been transferred to Songshan County. Han Zirui and Lu Wenzhong ran to Luchao Town today. They looked like government staff were surrounded by them. They could think of what they were here for when they were slim. The so-called golden beach in Yuantuo Mountain was a bit disappointing, but there was no other place to pass the time in the afternoon. There was fun, so Zhou Bin naturally thought about getting in.
"Okay." Chen Li spread his hands, and there was nothing to do anyway.
The group drove to the coastal defense road two or three kilometers away. They saw Han Zirui from afar. Lu Wenzhong was on the side of the road, pointing at a mudflat to be developed and slashing at something.
"Deputy Secretary Lu took General Han to inspect the project. I don't mind that we will come here to learn more, right?" Chen Li stopped the car and asked through the window.
Lu Wenzhong wanted to kick Chen Li away, but as the deputy secretary of the Songshan County Party Committee, he invited Han Zirui to receive today in the name of project inspection, and also asked Sun Nian, deputy county magistrate in charge of investment promotion in Songshan County to accompany him. Chen Li and Zhou Bin represent Xinchaorui and Xiang Qiuning represent Nanhua, who could still make a little man and say "no" in such an occasion?
"Mr. Chen, Mr. Xiang is interested in investing in our Songshan County, so I naturally don't even have time to welcome him," Lu Wenzhong introduced Sun Nian and others to Chen Li bluntly, and Xiang Qiuning met him, and said, "Deputy County Magistrate Sun, you will introduce the project situation to Mr. Chen, Mr. Zhou, and Mr. Nanhua's General Secretary Xiang."
Sun Nian was about forty years old. Although he was just an ordinary deputy county magistrate, he was young and promising in the system and did not need to report to Lu Wenzhong for the time being. However, in today's project inspection, he was in charge of investment promotion in the county, so he naturally needed to cooperate.
When he met at a restaurant, Lu Wenzhong and Han Zirui saw Chen Li and the others walking in, they turned their heads and got into the private room. No matter how stupid Sun Nian was, he knew that the grudge between them was not ordinary. However, after Lu Wenzhong introduced Chen Li, Xiang Qiuning and Zhou Bin's identities, no matter how deep their grudges were, they just introduced them as usual.
The small piece of land that Chen Li took over in Yuantuo Mountain was obtained by a private company. The legal representative of the company registered with the industrial and commercial department was Zhao Yang, and it was also a small piece of land of only more than 40 acres. No one would pay attention to it and contact Chen Li and Xinrui City.
Even Songshan County did not notice this.
Han Zirui stood aside with disgust...
Although the county has planned the Yuantuo Mountain area as a concentrated area for tourism industry development, there is no way to develop it here except for the so-called "Golden Beach" and seven sea view apartment buildings that have moved first. At present, the county has completed the procedures for changing the commercial and residential construction purposes of nearly 1,000 acres of mudflats in the southern area of Yuantuo Mountain. It is thinking of taking out this piece of land into several pieces and introducing projects such as the marine park, coastal commercial street and sea view residential buildings.
At present, the State Council and the Ministry of Land and Resources strictly prohibit local governments from releasing land. In principle, real estate development has restricted the one-time transfer of more than 600 acres of bulk construction land. However, there are policies from above and countermeasures from below. Lu Wenzhong brought Han Zirui over. As long as Wanbang Real Estate has a certain intention, this more than 1,000 acres of land will be tailor-made for Wanbang and then demolished it into two or three pieces for auction.
The market conditions are very poor now. The main urban area restricts the supply of construction land to avoid uncontrollable impact on the real estate market. However, the peripheral counties and districts are not under the restrictions. They even hope to take this opportunity to attract powerful real estate developers from the main urban area.
Chapter completed!