Chapter 661: The Next Three Years
Chapter 661: The Next Three Years
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"About Universal Group. In the next three years, the Global Twin Towers, the four major mansion projects in Beijing, and the real estate development plan in Yunnan Province will be the focus of your efforts, and the financial and human resources will be carried out around these three major projects. Real estate development projects outside Yunnan Province and Beijing have been suspended. Guo Shouyun plans the development strategy of the global group in the next three years.
"Will the real estate project with Cheung Kong continue?" asked Tang Wenfang.
"How many real estate projects do we have in cooperation with Cheung Kong now?"
"Eight! Four are in Pengcheng, two are in Modu, and two are in Yangcheng. ”
After Guo Shouyun nodded, he pondered for a moment, "After the completion of the eight projects, the real estate development side will not cooperate with Cheung Kong for the time being, and the infrastructure can be handed over to them." In addition, if the development of eight projects encounters financial problems, they can be sold. ”
Hearing this, Tang Wenfang's heart sank. According to the original plan, in these eight projects, Universal and Cheung Kong each have half of the interests. Those who belong to Chang Solid are naturally free to dispose of by them. But those that belong to Universal are ready to stay as their own assets, only renting and not selling.
Now Guo Shouyun has changed his course, obviously planning not to inject capital into the Global Group on a large scale except for the Global Twin Towers, the four major mansion projects in Beijing and the real estate projects in Yunnan Province.
This made Tang Wenfang, who was happy in his heart after receiving the commercial real estate of the Global Fund, calm down instantly. Although there was no competition from Xing Zhiping in the future, the difficulties faced by the Global Group did not decrease. The huge amount of money needed for the four major mansion projects in Beijing alone, without the support of the big boss, is a great test for her to control the financial balance of the group.
Looking at the rapid change in the expression on Tang Wenfang's face, Guo Shouyun understood that she had somewhat guessed her purpose. There is no way to do this, and the funds he can use for private investment are limited after all. The annual investment of 350 million US dollars is to revitalize the assets left by Delong, especially the Red Star Automobile Group. Plus support Tuniu Travel Group from time to time. There is not much left, and it is naturally impossible to support the Global Group anymore.
As for the other assets under the GCA Trust, he has other uses.
"Mr. Tang, it's been almost three years since Global Real Estate was established, right?"
"It's been two years and five months!" Tang Wenfang said.
"Two years and five months is not too short. In the past two years and five months, I have handed over more than $2.5 billion to you. In the next three years, I will give you another $1 billion in support of the Universal Twin Towers, the four major mansion projects in Beijing, and the real estate development plan in Yunnan Province. These funds are enough to make Global Real Estate a real estate giant comparable to Vanke. But how far the Global Group can grow depends on your own capabilities. I can't be your crutch forever. ”
"Rest assured, I will do my best to make Universal Group a world-class real estate group. ”
Guo Shouyun nodded. Let the development of the global group be reassuring for three years. After three years, Global's assets will at least double in value. At that time, the Universal Twin Towers and the real estate development plan in Yunnan Province were basically over, and the rest was pure income, and the four major mansions in Beijing also came to an end. The global group, which has accumulated abundant capital, can quietly wait for the outbreak of the subprime mortgage crisis in the United States, and then use the abundant liquidity to buy the property market, and then have another round of expansion, completely establishing the status of the world's real estate giant.
Of course, this strategic plan, he certainly can't say now.
"Lao Xing, your Tuniu Travel Group is the same. I'll also give you $3.5 billion in financial support, but how far Tuniu can grow is up to you. ”
"Yes!
Guo Shouyun nodded.
"The development plans of Tuniu Travel Group and Universal Group in the tourism industry and real estate industry in Yunnan Province are all in this document I have given you. You will use this as a basis to talk to the Yunnan Provincial Government on my behalf. ”
The master has something to do, and the disciple obeys it. The same is true here.
However, handing over the negotiation to Tang Wenfang and Xing Zhiping does not mean that Guo Shouyun is really at ease.
In order not to favor one over the other, he promised to give Xing Zhiping's Tuniu Travel Group $3.5 billion in financial support. Although the money is given in several years, it is also given. In addition, the revitalization of Delong's assets, especially the capital investment of Red Star Automobile Group. It's really hard to get it together without using the books and finances of its companies.
Guo Shouyun pulled the assets under his Hanhua Trust.
NetEase, Tencent, Tuniu Travel, Universal Real Estate, Red Star Automobile, Oriental Finance, PayPal, Hanhua Holdings, Jianlibao Group, these nine core companies must not be sold.
Alibaba, which finally increased its stake to 20%, is still very early before the harvest period, and cannot be sold. Baidu's 25.6% stake is also a lot, and it will go public next year. Considering that Du Niang's potential is not as good as Ma's father, Guo Shouyun decided to harvest a part of it after it was launched.
Ctrip.com 35.7%, Guo Shouyun decided to let Wang Jue come forward instead of him, ask the opinions of the four gentlemen of Ctrip, if they are willing to sell, Guo Shouyun will take advantage of the trend to buy Ctrip and integrate it into Tuniu Travel Group. If they don't want to, they will gradually cash out these shares over the next three years to support the development of Tuniu and Red Star.
Country Garden's 30% preferred shares, Gree Electric Appliances 7.2%, Huayi Real Estate 30.5%, Moutai 12.8%, Wuliangye 5.8%, and Master Kong 8.5%, these are some of the most promising companies that Guo Shouyun invested in in the early years. In addition to Huayi Real Estate, which is a special one, it is the real estate company established by him and Wang Zhen, He Chen, Li Chengjun, and Liu Zhiqi, which is three generations of red, in addition to making money, it is more like maintaining a bond with each other and cannot be sold. For the rest, he plans to take a gradual step before the subprime mortgage crisis hits.
In other words, in addition to his core company, as well as 20% of Alibaba and 30.5% of Huayi Real Estate's assets, he is not ready to stay.
Think of the extent to which the Shanghai Composite Index once exceeded a high of 6,000 points before the subprime mortgage crisis. Guo Shouyun couldn't help but say to himself: "It may be difficult to raise $7 billion after selling all of these, but it should still be possible to raise $5 billion." In addition, there is a three-year recovery period, and presumably the assets inherited from Delong, such as Tianshan shares, alloy investment, and Funong agriculture, have also become climate. It is still possible to sell it while the Chinese economy is still relatively friendly to real assets, and it is still possible to scrape together the remaining $2 billion. Even if it misses, the $350 million I draw from the United States every year is enough to make up for it. In this way, whether it is Bo Ruituo or Xing Zhiping, they can't find fault. When the time comes, I will make up for Jianlibao's Wang Pengju in a timely manner. Before the subprime mortgage crisis, China's real asset investment was basically like this. ”
Guo Shouyun's little abacus in his heart was 'crackling', and the investment pattern in Huaxia was almost sorted out by him. All that remains is to prune the branches in a timely manner, so that the nine core companies of NetEase, Tencent, Tuniu Travel, Universal Real Estate, Red Star Automobile, Orient Finance, PayPal, Hanhua Holdings, and Jianlibao Group will develop in their own strategic direction.
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