Chapter 354: Longhua Real Estate Acquisition Case

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"Boss, you see, this is the information of the real estate company that I am going to buy. ”

On the evening of the end of the land bidding meeting, Gan Qinglin proposed to Mo Xuan to acquire a real estate company to supplement the staff of Yihe Real Estate to facilitate the smooth implementation of the company's Yihe Plaza project.

After getting the nod from his boss, Gan Qinglin immediately took action the next day.

This is his first small project in Yihe Real Estate, and he has to deal with everything that goes wrong, so that his boss can see that he is worthy of his fancy and the generous treatment.

In order to successfully complete the acquisition of a high-quality real estate company, Gan Qinglin not only sent all the employees of Yihe Real Estate out, but also made use of his contacts in Xiangjiang for so many years.

Finally, after a detailed investigation and his own connections, Gan Qinglin finally found a real estate company that was cost-effective and in line with their Yihe Real Estate acquisition.

"Oh, so fast?"

Mo Xuan gently took the document handed over by Gan Qinglin, and glanced at Gan Qinglin with appreciation, looking at Gan Qinglin who was full of energy, he really didn't expect Gan Qinglin's efficiency to be so high.

Originally, according to the original plan in Mo Xuan's heart, he planned to give Gan Qinglin a week to deal with this matter.

After all, Gan Qinglin has just taken over Yihe Real Estate, which is equivalent to an empty shelf, and it has not been long since Gan Qinglin has taken over Yihe Real Estate, even if Gan Qinglin is talented, he always needs a certain adaptation period, but he didn't expect Gan Qinglin to give himself a surprise, it seems that he is much better than he imagined in his mind.

"Hehe, boss, this time it's my luck, I have a friend, he just knows that a property with the right conditions and a good asset is going to be sold, so I can go so smoothly. ”

In fact, it is a coincidence that the real estate company that Gan Qinglin found after some investigation happened to be opened by a friend of a friend of his, so he easily opened up the transaction between the two parties through his friend's relationship.

"Longhua Real Estate?"

After carefully looking at the documents prepared by Gan Qinglin, Mo Xuan found that the content of the information on it was very detailed, and this time, the real estate company that Gan Qinglin wanted to acquire was called Longhua Real Estate.

Longhua Real Estate, its full name is Longhua Real Estate Co., Ltd., which is a real estate company that only develops real estate business in Xiangjiang.

According to the information provided by Gan Qinglin, this company called "Longhua Real Estate" was founded in 1977, with a history of seven years from now, and its founders are Liu Zhiwei and Fan Xiaoli and his wife, so Longhua Real Estate can be called a husband-and-wife shop.

Liu Zhiwei and Fan Xiaoli both returned from studying in the United States, and then started a business in Xiangjiang.

Not long after returning to Hong Kong to start a business, they found that the economy of Xiangjiang was prosperous, and the real estate construction industry was extremely prosperous, so they very decisively gave up the industry they were engaged in before, invested heavily in the development of Xiangjiang real estate industry, and founded Longhua Real Estate.

I don't know if it's really their luck or vision, but in the next year after the establishment of their Longhua real estate, that is, in 1982, the real estate market in Xiangjiang has begun to deviate from the normal development track and rise like a rocket.

At that time, the real estate industry in Xiangjiang was unprecedentedly developed, and a large number of Xiangjiang real estate groups were numerous, and the development plan was often calculated at 1 billion yuan, so although Longhua real estate encountered a good time, it did not have the capital to participate in it, and could only operate a smaller site.

In just three years from 1978 to 191, the total assets of Longhua Real Estate snowballed from 5 million Hong Kong dollars in registered capital to tens of millions of Hong Kong dollars, which was more than 10 times.

Perhaps the development of the enterprise was too smooth, at the end of 1981, Longhua Real Estate miscalculated the situation, and secondly, the early investment returned one after another, so it continued to expand aggressively.

In 1982, when the global economy was in a recession, Xiangjiang caused a sharp decline in the real estate industry due to future problems, and the development plan of Longhua Real Estate suffered serious losses for the first time.

And last year, Longhua Real Estate broke out a financial crisis, which made the difficult situation of Longhua Real Estate even worse, so in this case, Liu Zhiwei and Fan Xiaoli had the idea of selling Longhua Real Estate and then immigrating to the United States.

"Yes, boss, I have investigated clearly in the past few days, there is no problem with Longhua Real Estate itself, it is in a difficult situation now mainly because of the rapid expansion, which has led to the rupture of its capital chain.

And you should also know that many real estate companies in Heung Kong first take the project and then develop it by selling off-the-plan properties.

Now that the real estate industry is in such a recession, where will anyone buy a house, so its funds will be dragged to the top, and it will not be able to return the bank loan smoothly. ”

Seeing that his boss was looking at the information, Gan Qinglin explained to Mo Xuan in detail on the side, he believed that his boss would be satisfied with the acquisition of Longhua Real Estate, and Gan Qinglin had this confidence in his heart.

After hearing Gan Qinglin's introduction, Mo Xuan nodded with a smile on his face, and then said to him: "Well, looking at the information you provided above, the situation of this Longhua Real Estate is indeed not bad.

By the way, how much does Longhua Real Estate still owe to the bank?"

"HK$71 million. ”

"In other words, if we want to acquire Longhua Real Estate, the total price we need to pay is 100.3 million Hong Kong dollars, right?"

According to the information provided above, when Liu Zhiwei was discussing with Gan Qinglin, the condition for the sale was 32 million in cash, and he also needed to bear all the debts of Longhua Real Estate for the bank loan.

"Yes, boss, in my opinion, our acquisition of Longhua Real Estate at a price of 100.3 million Hong Kong dollars is a completely loss-making transaction.

Now under the banner of Longhua Real Estate, there are still several small projects, but due to the recession of the property market in Xiangjiang, the loss caused by this is completely a high-quality asset. ”

In Gan Qinglin's view, the acquisition of Longhua real estate is definitely a good deal, according to his calculations, when the property market in Xiangjiang rises again, the existing assets of Longhua real estate will definitely increase significantly.

He believes that, in the eyes of his boss, there is no reason not to agree to his acquisition plan.

"Well, you convinced me, I agreed!"