After sinking to Xiapu, the construction of the Xinpu section of the Haifang Highway was first started, and after completion, it became the main transportation road between the port area of ​​the Xinpu Development Zone and the industrial area.

Shen Huai parked the car at the northern end of the Xinpu section of Haifang Highway, and further north was the northern section of Haifang Highway project of Xiapu County section that was launched at the beginning of this year.

In order to prevent the vehicle from breaking into the construction site, the intersection was covered with colored steel tiles. Chen Huai asked the driver to stop the car. He got out of the car and lit a cigarette, stood on the side of the road to smoke. When he saw Wang Weicheng also got out of the car, he handed him the cigarette and the lighter.

Wang Weicheng took the cigarette and the lighter, lit a cigarette, and looked over with Chen Huai's vision. The northeast direction was the planned Xinpu Refining and Chemical Project site Qingsha Island.

In April, in the evening of spring, a sand island about four or five thousand meters away is overgrown with tung grass.

After the New Year, the sand island started demolition work. A hundred villagers from Qingsha Village on the island are moving out of the island one after another. Temporary docks, temporary water and electricity pipeline networks, and land leveling are also being done. It is expected that by June, these basic tasks will be ready.

However, the State Council began to vigorously rectify the financial order after the New Year to prevent economic investment from overheating, and the approval of large-scale projects suddenly became tight.

In early February, the relevant application materials for the refining and chemical project were submitted to the State Planning Commission, but after the materials were sent, it was sank to the sea. The State Planning Commission was reluctant to initiate the approval process, so naturally there was no progress in the work.

In order to have a good connection with the refining and chemical projects, the early demolition and resettlement, temporary docks, water and electricity pipelines, construction roads, land leveling and other work on Qingsha Island were invested and invested by Xinpu Development Group.

Hongji's investment does not count. By June, Xinpu Group's investment in the preliminary preparations will accumulate to 60 million.

If the refining and chemical project cannot be launched as scheduled, the investment of 60 million yuan will be unable to play a role on Qingsha Island, which will undoubtedly further intensify the financial pressure of Xinpu Development Group.

"Yesterday a teacher in the county got married. I brought the child up after he entered the county middle school. I came back early yesterday and invited him to have a wedding banquet," Wang Weicheng said to Chen Huai. "Now there are some rumors about the county taking over debts, and some people are panic..."

"Oh," Chen Huai turned around and asked, "What did you say?"

"Most of the rumors are exaggerated, and there are all things to say. Some say that the county has borrowed more than 2 billion yuan, and Xiapu County can't afford to sell out all its belongings. It says that the county's taxes are not enough to pay off the interest. It also says that banks have already started to collect debts from the county..."

"It's not too exaggerated. Xinpu Group will accumulate debts of more than one billion by June. With the old city renovation and the debts of projects such as Chengnan Development Zone, it is still possible that the county's debt will have a total of more than two billion by the end of this year. If the infrastructure investment in Beijing invested in Xiapu is included, the debt will be even more scary," Chen Huai said with a smile. "It seems that the people who have released these rumors are quite familiar with the economic work of the county."

Wang Weicheng was also worried that these rumors were released by those who were interested, and said, "I did some simple investigations. These rumors were probably spread more concentratedly last month; there were also rumors that the city would send a working group to Xiapu to check the accounts..."

"There are probably even more unpleasant things?" Chen Huai asked, "How many people call me a prodigal son, how many people call me stubborn, how many people call me arrogance for burning public money to do political achievements?"

Wang Weicheng could only smile.

Chen Huai thought again: "The city needs a working group, well, this rumor is subtle..."

"Will anyone in the city be creating momentum or something?" Wang Weicheng asked worriedly.

Chen Huai thought about it and said that the matter of Xu Fulin and Sun Xing's secret contact should not be allowed to be known to more people for the time being, so he would not be able to get lost. He did not temporarily tell Wang Weicheng to know.

He smoked the cigarette in his hand and asked to change it to pick it up. Sun Yalin called in. After she flew from Hong Kong to Xucheng, she took a bus and rushed back to Donghua from the airport. She was already on the expressway at this time.

Chen Huai looked at his watch and it was already past six o'clock. It was probably Sun Yalin would be able to arrive in the city before eight o'clock and said to Wang Weicheng: "Let's go back to the county, I will go directly to the city later. You can go back soon," after getting in the car, he said to Wang Weicheng, "If there are too many lice, you won't be afraid of biting. Since there are so many rumors now, you might as well add one more."

"What kind of rumors are needed?" Wang Weicheng asked.

"Just say that the county is now carrying out enterprise reform, it means that the seller should pay off the debt..." Chen Huai said.

Wang Weicheng nodded and understood what Chen Huai was meant to do.

************************

I was just with Xiong Daini yesterday, and Chen Huai was a little offended to Xiong Wenbin. Yang Haipeng just called and rushed to the west of Wenshan Shopping Mall to meet Yang Haipeng and Chen Tong.

Yang Haipeng and Chen Tong decided to build a self-selected shopping mall last year. They received 100 million yuan from Hongji and Zhongxin, and joined forces with several Pengyue companies. They bought 20 acres of land to build a building on Renmin Road, and built a large self-selected shopping mall project called Pengyue Lianshang.

It has only been more than five months since the land was acquired, and the building with a construction area of ​​more than 30,000 square meters has been topped off.

The transfer fee for 20 acres of commercial land is as high as 70 million, which is also the highest-priced piece of land auctioned in Donghua City in 1996. With the investment in construction projects, Yang Haipeng and Chen Tong will use up all the 150 million yuan raised in the early stage.

However, the commercial scale of Donghua City increased rapidly in 1996. The plot of land that crosses Cuihu North Road and Renmin Road is about four square kilometers. It is the most concentrated area of ​​Donghua City, with every inch of land being valuable.

On the west side of Pengyue Lianshang Building, the e-commerce street project invested and developed by the Municipal Construction Group is also launched. Further to the south is the Yanhu Road renovation project led by the municipal government last year. The several complement each other and will further promote the formation of the city center business district.

The city has always been a strong supportive attitude towards the investment and development of the city's central business district. At the same time, the business model of large supermarkets has been gradually recognized by the banking industry in China. Pengyue Lianshang's later financing of 100 million yuan, and Yang Haipeng, Chen Tong and others also negotiated with the Municipal Bank of China and the Municipal ICBC, but it is unlikely that the funds will not be available in the later period.

Pengyue Lianshang Building has thirteen floors, with the lower floor being a parking lot; the two floors above the ground are podiums, with a building area accounting for 40% of the total construction area.

The shops on the ground floor will mainly operate clothing and buy stores. Yang Haipeng and Chen Tong’s original plan was to hold property and rent them for business.

Whether from the small environment of Donghua or the large environment of domestic economic development, property value appreciation is a long-term trend. Holding property and renting for operation will bring double value-added possibilities to the entire project.

However, the entire Meigang system is short of funds at present, so Yang Haipeng, Chen Tong and others are considering selling the underlying property.

The highest price in the city center is only a little over 2,000, but the shops on Cuihu North Road are scarce resources and the rental returns are considerable. The store prices have been rising again and again in the past two or three years. Pengyue Lianshang's underlying property can probably regain nearly 100 million yuan in funds - otherwise this land would not be sold at a high price of 70 million yuan.

The self-selected shopping mall directly run by Yang Haipeng and Chen Tong will be located on the second floor. In addition to the property, the other investment will be nearly 100 million yuan; up from the third floor is the office floor. In addition to some floors as office buildings of self-selected shopping malls and property companies, other parts are also considering selling and collecting funds.

Now Pengyuelian Commercial Building has two-story podiums, with interior and exterior decorations at the same time, and sales of ground floor properties and commercial rentals are carried out at the same time, so as to officially open before July.

Yang Haipeng divided the construction and development of real estate. Chen Tong was responsible for the investment promotion and preparation of his own shopping mall. After the New Year, Chen Huai rarely met them. He parked outside the construction site and saw Yang Haipeng. Chen Tong came out of the construction site wearing a safety helmet. Chen Tong looked dark and thin, but full of energy.

Chen Huai smiled and said, "I haven't met each other for two months, and you have lost weight again. Can you not work so hard? Before you were thirty, you have become a billionaire, and it doesn't mean much..."

"I told him the same," Yang Haipeng smiled. "He should be busy with more girlfriends at this age. It's too early to be busy with his career..."

Chen Tong grinned, revealing her white teeth, and said, "I have been stumbling over the past few years, and I can't find a sense of direction. It's rare to recognize one thing to do. Moreover, I signed a bet agreement with Zhongxin. I can't do it well. I have to help Zhongxin make wedding dresses for half a year. That would be so unfair..."

The Pengyue Lianshang project was launched, and neither Chen Tong nor Yang Haipeng could afford to pay too much money, so he barely raised more than 20 million.

Such a little self-provided fund can't support a commercial project with a total investment of up to 250 million yuan. If you directly attract Zhongxin, Hongji, Pengyue, Yang Haipeng and Chen Tong to invest in less funds, your personal holdings will inevitably be greatly diluted.

The final project capital injection was set to 50 million, Yang Haipeng and Chen Tong held 45% of the shares respectively, and the other 55% of the shares were held by Zhongxin, Hongji and Zhujiang Investment. Zhongxin, Hongji and others provided an additional 100 million yuan in financing to start the project.

If the agreed goal is not achieved within two years, the 100 million yuan debt claim will be directly converted into equity at the price at the time of capital injection, and the personal holdings of Yang Haipeng and Chen Tong will be diluted to about 15%.

However, the Pengyue Lianshang project has been launched to improve and transform the city center business district. The surrounding business environment has improved a lot in just half a year. Donghua's economic growth in the past three years has greatly promoted business, and a considerable part of it has been concentrated in this small area in the city center to release it. Although Pengyue Lianshang's lower-floor property has not yet obtained a sales license, the investment has been almost completed. Some fast-selling clothing and catering brands have been concentrated, which has greatly promoted the popularity of the self-selected shopping malls. At present, it seems that it is extremely difficult to fail the entire project.

Chen Tong is fully committed this year and is only 24 years old. He holds 20% of the shares in the Pengyue Lianshang project. Even if he continues to operate in the most stable way, he will no longer involve investment in other fields. It is not difficult to have a personal asset of over 100 million yuan before he is 30 years old.
Chapter completed!