Doze off send pillows.

Li Dongwen returned to Tongyuan with a pillow.

How did the highway be built? Basically, it relied on bank loans and then tolls to repay the loans. Some roads can pay off the loan, such as those with a high utilization rate, and some can't even pay the interest, and the loan repayment period can be scheduled until the next century.

Why has the Yinqing Expressway been planned for a long time, and the construction has not started for a long time, that is, the bank is unwilling to lend.

In such a remote place, there are not many cars, can a few tolls be collected, and can the cost be recovered in 100 years? The life span of the highway is only 20 or 30 years.

If you don't have too little self-raised funds, the bank is also unwilling to lend, and you can't afford to pay off the loan, so what should you do if you have bad debts?

There is no money to build roads, and there is another way, and that is to issue bonds.

Chinese people still trust bonds, the fixed interest rate is higher than that of banks, and they are generally guaranteed by the government.

There are government bonds and corporate bonds. For example, the bonds issued by the Road and Bridge Company are corporate bonds.

But how many people in the country can tell the difference? Whoever has the highest interest rate, we will buy whomever it is.

Bonds are, of course, risky, strictly speaking, national bonds are also risky, and countries can go bankrupt.

Of course, the state can play hooligans, if there is no money, we will print money, it is all made of paper, and the cost is only a few dollars, if the cost of printing money is high, we will print large denominations, it is nothing more than a matter of adding a few more zeros.

That's how inflation went up, and that's what some countries did in later generations, but in fact, the country has already gone bankrupt.

How many grass people understand such a twisting truth?

Besides, the people in charge of the family's finances are all aunts.

Aunt can't understand, but Taohuaxian Company can't not understand, Hong Kong Island Zhang Junru's team is still clear.

The advice given by Zhang's team is that if you don't consider the risk of bond repayment, as long as you outperform the inflation rate, you can buy.

This issue of expressway bonds is a five-year tenor with an annual interest rate of 5%, without compound interest, and is repaid in a lump sum at maturity.

In other words, if you buy 100 million and it expires in five years, you can earn 25 million.

Inflation has been very low in recent years, almost at an all-time low, at about one percent, or even negative. The low inflation rate is not necessarily good, which indicates that the economic vitality is seriously insufficient.

In the more than 20 years of reform and opening up, the highest inflation rate has reached more than 20 percent, and there have been five or six double-digit inflation years.

At this time, the aunts have been spoiled by high inflation and high interest rates, and they are very uncomfortable with today's low interest rates, and the bonds with an annual interest rate of 5% are not looked down upon by the aunts, so they are very difficult to sell.

Whether to buy this highway bond, Zhang Junru's team only gave advice, and the final decision was still in the hands of Li Dongwen.

When Li Dongwen met the people from the Road and Bridge Company, the first question he asked was not about money, but about money: "How long will it take for this road to be completed and opened to traffic?"

The boss of the road and bridge company, Dong Jianguang, is a skinny bald man with glasses, he pushed his glasses and replied, "About 2 years." ”

Li Dongwen said: "It's too slow, can it be faster?"

Glasses man: "It's already very fast, and this is still the timeline given when the survey and drawing design have been completed in the early stage." ”

Li Dongwen didn't speak, just stared at him.

The man with glasses was a little flustered, and hurriedly said: "If the funds are in place in time and multiple sections are constructed at the same time, the opening of traffic can be advanced." ”

Li Dongwen chased after him: "How much can you advance in advance?"

Glasses man: "Half a year in advance." ”

Li Dongwen: "In other words, next year's National Day will be open to traffic." ”

Glasses Man: "Possibly. ”

Li Dongwen: "If you can guarantee that next year's National Day will be opened to traffic, I will buy all the 500 million bonds." ”

Dong Jianguang left excitedly, he didn't expect things to go so smoothly, this Boss Li only wanted to open the car as soon as possible, as if he didn't care about money at all.

Highways are being built every day across the country, and this one is only 150 kilometers long and inconspicuous.

However, there is a saying in the construction industry, Jinqiao Yinlu grass building.

What is said is that building bridges is the most profitable, followed by building roads, and building buildings is not profitable, and the profits are not high.

The total budget for this road is 880 million, and in addition to the issuance of bonds, it is bank loans.

The man with glasses made a big move, the project bidding, whoever can help the road and bridge company get the remaining bank loan is the general contractor.

Li Dongwen is looking forward to tomorrow autumn, the production of Taohuaxian Tongyuan Company will be transported to the whole country through the expressway.

Although we still have to overcome some difficulties this year, we can see the light of day after all.

As soon as Li Dongwen was in a better mood, Sun Yahui reported bad news.

It turned out that Sun Yahui's grand plan to raise sheep in Tongyuan was seriously frustrated because the number of lambs was seriously short and the supply could not be supplied.

Tongyuan Company's original plan was to raise tens of thousands of sheep with more than 600,000 acres of mountainous land, but it only purchased more than 3,000 half-sized lambs in several pastoral areas around Tongyuan, which was less than one-tenth of the plan.

Of the more than 3,000 of them, most of them are rams, and there are only a pitiful few hundred ewes.

Herdsmen are reluctant to sell the ewes, they all keep the young, and the rams grow faster and are more suitable for meat.

Some herdsmen suggested that the semi-large rams, except for leaving a batch of breeding sheep, it is better to gelding in advance, so that they grow faster.

Sun Yahui finally said: "The matter of sheep raising is that we did not investigate carefully and did not consider it carefully. Now there are many people who are raising sheep, the value is not very high, we plan to develop special high-end breeding industry. ”

Li Dongwen looked at Sun Yahui with interest and asked, "What to raise?"

Sun Yahui: "I haven't thought about it yet, such as raising deer, mink, foxes, pheasants, etc. This time, we will definitely do research first, and then decide what project to go on. ”

Li Dongwen waved his hand, "Then you should investigate first." He sent Sun Yahui away.

Employees who can take the initiative to find things to do are good employees, and the boss cannot discourage the enthusiasm of such employees. However, what you do must be reliable, and you can't do it recklessly.

As soon as Sun Yahui was sent away, Li Dongwen received a call from Xiao Tianchao.

Xiao Tianchao's voice on the phone was full of excitement: "Report to the boss a big news, we have found a coal mine in the place where the mudslide occurred! After the mountain is crossed, the coal mine is exposed, almost open-air, and we are organizing personnel to investigate." ”

Buddy racked his brains to get out of the coal mine, you have been working so hard to find out, is it a little dull?