An industry will never be smooth, and an enterprise will not always be surrounded by applause and honor, behind the glamorous is often an unknown crisis and challenge.

The sages of the Chinese nation have gone through many setbacks to understand the truth that we should follow the trend in doing things, and have spoken out the tremendous impact of the external environment on our own development.

The stock market has fallen all the way, and the economic recession has taken the lead in the domestic high-debt and high-leverage industries.

China's fiery property market went to a halt in 2008, and developers, who had been shouting that they were not bad for money, found that their hard-earned houses suddenly could not be sold. The majority of people suddenly hold on to the currency to buy, and in the face of downward economic pressure, it may be the biggest financial investment in their lives that they no longer take it lightly.

Real estate is a high-debt and high-turnover industry, and it is no exaggeration to say that developers are holding seven pots and cooking ten pots of rice.

The entrepreneur who was waiting for Han Hao's return in Jiangzhou is Xu Jialai, the CEO of Evergrande Real Estate, a domestic real estate upstart.

He sees the Chinese government's inclusion of real estate as a pillar industry of the national economy in order to stimulate domestic demand, and in just a few years, the obscure Evergrande real estate has evolved into a shark in the industry, turning the world upside down in second- and third-tier cities. Others dare not take the land at a high premium, as long as Evergrande is present, it will definitely be taken into its arms. Therefore, Evergrande once became the guest of honor at the local government land transfer meeting, even if Evergrande could not get the land, it would become the driving force for the government to raise prices, and Xu Jialai also shined in the domestic real estate industry.

At the beginning of last year, Country Garden was successfully listed in Hong Kong with its huge land bank, which was sought after by many shareholders, achieving a feat of more than 200 billion yuan in one fell swoop, and writing the myth of real estate wealth. Yang Huiyan, the legal controller of the company, also relied on his father's shadow to stage a legendary story of a net worth of more than 10 billion US dollars, closely following behind the richest man Han Hao. Even Li Shufu, the owner of Geely Real Estate, known as the largest real estate company in China, had to temporarily retire by three points, watching the girls of the younger generation step on his shoulders and take the position.

You must know that Han Hao, the richest man in the country at that time, struggled for more than ten years, and the ears of the people of the whole country were about to cocoon when they heard his name, and he only had a wealth of 20 billion US dollars. Now as soon as Country Garden makes a move, it is worth tens of billions of US dollars, which greatly stimulates Xu Jialai, who is unwilling to be left behind. As long as the land reserve is sufficient, the company can be welcomed by the market, and it is no longer a dream to go public and make money.

Therefore, he started a crazy land bank journey, and at the same time started the IPO process in Hong Kong, just so that he could also be on the rich list. In just half a year, Evergrande pawned the land like a bottom, and the goal was only to make the stock sell at a high price when it was listed. The price in exchange is that Evergrande's land reserve has soared nine-fold compared with 2006, but the funding gap for the 37 projects to be started is as high as 12 billion, not counting the next billions of land transfer fees owed to local governments.

If the property market continues the trend in 2007, Evergrande Real Estate will become a fat man in one breath and become one of the leading real estate giants in China through the road to listing.

Unfortunately, the subprime mortgage crisis spread to China and even Hong Kong, and many investors lost a lot of money in the subprime mortgage crisis, and Lehman Brothers alone caused many people to lose their fortunes overnight.

Originally, Evergrande planned to rely on listing financing to solve the funding gap of 10 billion yuan, but now it seems that it will not work for the time being. The stocks of real estate companies that were fragrant and gluttonous before, in the context of everyone holding currency for the winter, have become a pile of worthless waste paper, and the investment banks that undertake IPOs are too busy to take care of themselves, and Evergrande's road to listing has to be temporarily suspended.

Evergrande, which is highly indebted, seems to be an impossible task to successfully go public, and the precarious capital chain brought about by a funding gap of up to 10 billion yuan is very likely to break, and Evergrande Real Estate is considered by the industry to be the first negative example to fall in the financial winter.

Overnight, Evergrande reached a life-and-death juncture, and if it couldn't find money to save its life, it would only go bankrupt and be acquired.

Cash is king, and at this time, Xu Jialai really understood the truth that has been summed up by countless losers.

Looking around, who is the person with the most cash in China, who can pull Evergrande Real Estate out of the edge of the cliff, after thinking about it, Xu Jialai found that Jiangzhou is the place where he asked for help.

Although Evergrande Real Estate has a tight capital chain, the cost of land is not high, and the fundamentals of business operation are OK. If Xu Jialai wants to get out, he can learn from Shunchi Real Estate to sell his body at a low price, and after dealing with debts, he can still maintain a net worth of hundreds of millions, and it is not a problem to become a rich man. But the business that has been accumulated with great difficulty, Evergrande Real Estate, has to be owned by others, and there are many people who fall into the well at the time of crisis, which makes Xu Jialai, who does not admit defeat, unbearable.

As long as Han Hao, the richest man in China, makes a move, then Evergrande Real Estate will be able to get through this ghost gate.

Since last year, it can be known from the stock market announcement that the richest man in Han is constantly cashing out assets, holding a lot of cash in his hands, and has successfully realized the "high selling" strategy. According to incomplete statistics, the richest man in Han has at least nearly 40 billion yuan of available cash in his hands, which is still a large amount of money used after the acquisition of Jaguar Land Rover.

In addition to automobiles, Han's richest man has begun to enter the investment ranks in the past two years, and his fund has become a strategic investor in many innovative enterprises.

Xu Jia came here to let Han's richest man invest in his unlisted company, so as to get much-needed life-saving money. The gap of tens of billions of funds, of course, will not all rely on the richest man in South Korea, as long as the other party nods and invests a small part, there will be a driving effect to attract other investors to follow.

Before coming, Xu Jialai calculated the minimum amount of money to save Evergrande Real Estate, and only 3.5 billion yuan could leverage the current funding gap of up to 20 billion yuan to fill the situation of imminent collapse. And as long as the richest man in Han provides 5 to 1 billion funds, he can make his trip worthwhile. Once he gets the investment of Han's richest man, Xu Jialai will be very sure to persuade other investors to collectively inject capital to save the precarious Evergrande Real Estate.

There is no need to sell a controlling stake in the company, as long as part of the equity is pledged, the crisis can be resolved, which is the least costly plan for Xu Jialai.

For this reason, he did not hesitate to stay in Jiangzhou for many days, because Han Hao stayed in Australia for a few more days to deal with things.

Taking advantage of this gap, Xu Jialai successfully got in touch with Han Yongfu, the father of Han's richest man, and accompanied the old man in a wheelchair to play cards and fight the landlord every day, just to be as close as possible to Han's richest man, so as to improve the chances of Evergrande Real Estate being rescued.

The boss left the base camp in Guangfu City, which led to a rumor within Evergrande Real Estate, and articles in the media quietly appeared, but Xu Jialai didn't care about it and completely devoted himself to playing cards. He knows that as long as he can get the capital injection of Han's richest man, everything he does today is very worthwhile investment.

"Xiao Xu is good, he has a ruthless energy! Such a person is ruthless to himself, and he will not be bad at doing things.

Your business affairs, I can't understand it when I'm old. But if you look at people, if you can play cards with me, an old man who can't open his legs, for a week, I think there is still something merit in this person.

Although the situation in the company has burned his eyebrows, he still behaves calmly and calmly in front of me, and he has the demeanor of a general. ”

Han Yongfu said such a thing at the family banquet on the day of Han Hao's return.

At this time, Han Hao learned that Xu Jialai, in order to wait for his return from abroad, actually accompanied his father to fight the landlord for a whole week.

"That's a funny guy!"

Han Hao said with a casual smile after hearing this.

can make a billionaire deign to please an old man, of course, the main one is himself, it seems that Xu Jialai is in a lot of trouble, Han Hao will consider meeting the other party before making plans.

Han Hao doesn't have any arrogance, he likes to talk about things, and he will meet Xu Jialai the next day to hear what his intentions are. After all, he had a headache when he accompanied his father to play cards for half a day, and Xu Jialai insisted on it for a week, which was enough to make him respectful.

"To be honest, Evergrande Real Estate has reached a critical juncture, and I hope that Mr. Han can lend a hand. Investing in Evergrande is a sure-fire business, and as long as you survive this difficult period and go public, you can get a lot of returns. ”

Xu Jia thought he was a very strong person, but in front of Han Hao's unfazed aura, he found that his realm was a lot lower.

This is a strong sixth sense of smell, obviously Han Hao just sat there and listened to himself quietly, but Xu Jialai always felt that the other party's aura was stable and overwhelmed.

For the richest man who is 20 years younger, Xu Jialai has to admit that the other party is indeed better than himself.

"Mr. Xu, first of all, thank you for your trust.

I plan to decouple from real estate, you must know that I have reduced most of the shares of Geely Real Estate, and I didn't expect to encounter your problem again.

For me, the investment intention is between the best and the best, because these expected returns do not touch my heart, and at the same time, the risks are huge. In addition, I may use the money you need to go where it is more needed.

My dad admires you, not because of your poker skills, but because he sees your good qualities.

Whether to invest or not, I have to discuss carefully with my team before making a decision. ”

The situation faced by Evergrande Real Estate, Han Hao has been understood through various channels. As a radical representative of the real estate industry, the dilemma faced by Evergrande this time is inseparable from Xu Jialai's personal stride.

To be honest, real estate has become the largest driver of China's domestic demand, and many bank funds have flowed into the industry, resulting in other real economy sectors suffering from underinvestment. The profits obtained from setting up factories and engaging in industry are far less than the quick money brought by the development of real estate, resulting in developers everywhere in the country.

In their hometown of Hushan County-level City, there are many bosses who rely on industry to make their fortunes, and the capital accumulation obtained from processing leather shoes, glasses, toys and other products has been jointly invested in the establishment of real estate development companies to acquire land to develop new real estate communities, resulting in soaring local housing prices. The price per square meter of newly opened luxury houses has exceeded the 10,000 yuan mark, surpassing the provincial capital Jiangzhou in one fell swoop.

Real estate is dominant, and the negative impact on other industries is already being felt. If Evergrande Real Estate really falls, it may be a good thing for the country. The state can take advantage of the financial crisis to start the road of economic transformation, get rid of the dependence on land finance, and support industrial upgrading to embark on the road of sustainable development.