Chapter 0238: Night Talk (II
"It's always been like this in business, it's the same thing, and we've done that. ”
The cotton pillow on the back of the waist was moved up, Li Wenxing hugged his chest with one hand, rubbed his chin with his elbow, and continued in a leisurely tone:
"Since they took the initiative to come over, we can't all push them away, exclude British-funded enterprises, exclude those who have been invited but didn't come, and find a few companies with a good reputation to cooperate with. ”
In the business field, it is most taboo to eat alone, and it is easy to be hated by others if it is too alone.
Don't you see that even giants like Microsoft and IBM have been sued by others not to want to, and finally they have no choice but to open part of the patent rights to vent the private anger of their peers.
When you eat alone, when you are small, others may not care, at most you feel that you are lucky, make a lot of money, and eat a good meal.
But once the interests involved are too big, there is never a shortage of the kind in the world, who is not doing well for himself, and he can't see the good of others, like this guy with a dark psychology.
Even if it's none of his business at all, he can't afford to come over and get a piece of the pie.
However, when the situation is right, such a person will never mind doing something harmful to others and not to themselves.
Specific to the Universe Star Plaza project jointly developed by Ying, although Yingtong has attracted the three companies of Xingdao Newspaper, which has a market value of more than one billion, Hengzhao, a leader in commercial real estate development, and Huamao, a real estate developer.
However, compared with the entire real estate industry in Hong Kong, it is not enough to see at all, and the four companies together are not enough to account for 3% of the industry.
If it is the entire commercial project, it will rely on Yingtong's creativity, Sing Tao's funds, the implementation of Hengzhao, and Huamao's aftermath, and then put aside other peers and start strongly.
It can be done, and it's not really impossible to do it.
Even if some people are dissatisfied with this and resentful that Ying United does not take him to play, but with Xingdao here, he is not afraid of the embarrassment of the official, and then he pulls the tiger skin of the prefix, and he is also not afraid of being made bad in the dark.
The key is that for Yingtong itself, instead of only cooperating with the three of them, it is far better to bring in a few more partners.
It's just that the current Yingtong Real Estate, although it has a 38-acre commercial land, Yingtong doesn't have a penny on it.
Not only is there no money, Yingtong has now reached the maximum debt ratio and has almost become the largest debtor of Citibank's Xiangjiang branch.
This means that for a long time to come, Yingtong will not be able to get a loan from any bank because it is no longer collateral.
There is only land, no money, in this case, Yingtong still wants to develop an urban complex commercial project that requires more than one billion investment, so she can only find someone to come and do it together.
Although Sing Tao, Hengzhao and Huamao were found before, this is still far from the investment required for the whole project.
It's true that the Sing Tao family has a big business, and it's not wrong that Hu Rui is rich, but this doesn't mean that Hu Wei is willing to put all his net worth on this project.
Besides, even if Hu Rui is willing, Yingtong is not willing, once Hu Rui's capital contribution ratio is equal to the value of Yingtong's land.
It doesn't even need to be flat, as long as it is close to sixty percent of the land price, then Yingtong may be overturned by Xingdao.
Billions of interests are involved, even if Hu Rui is willing to believe him Li Wenxing, he can't trust Hu Rui, people's hearts are separated from their stomachs, and Hu Rui is also a capitalist.
"Yingtong must maintain a relatively controlling stake and be cautious when choosing partners. Only cash is accepted for shares, and no withdrawal is allowed in the middle of the process. If the equity is to be transferred subsequently, Yingtong has the right of first refusal. ”
You can't have the heart of a pit person, uh, you can have it, but you must have a heart of defense.
If you want Yingtong to have absolute control, it is a fantasy, not only is the money not enough, but the soft power is not enough.
Yingtong's land has a stable market price of more than one billion yuan (Prince District is the commercial center of Jiulong, a bustling and downtown area, and the overall value of a 38-acre commercial land will inevitably be higher than the average market price), which is unique to Yingtong Real Estate.
But even if there is another billion, or even 1.5 billion, it is still not enough to support the development of the entire project.
In this way, it is impossible for Yingtong to obtain more than 50 percent of the absolute controlling stake with only land investment and shares.
What's more, Yingtong used to be just a real estate broker, a small company engaged in second-hand housing rental and trading, and it was absolutely impossible for other shareholders to accept it to preside over such a large commercial real estate project.
Prior to this, Li Wenxing planned to use the funds of Sing Tao to carry out the first and second phases of development.
When the funds are exhausted, the entire project will be used as collateral to complete the third phase of development.
After that, let Huamao do a good job of pre-sale, return part of the funds, and then do the follow-up part of the whole project.
In doing so, although during the development process, Ying United needs to pay huge interest to the bank.
However, compared with bringing in a few more shareholders, Li Wenxing is more inclined to cooperate with banks.
Dora a few collaborators come in, and minority shareholders are also shareholders.
In the development process of the project, it involves some overall regulation and control measures, and maybe they will pull off, make trouble, and drag their feet.
In addition, you have to share the income and dividends with them in the later stage, so it is better to take money from the bank and make a hammer deal.
The bank is indeed a vampire, yes, but with the bank, everything can be done according to the rules, as long as the loan contract is agreed and the loan is repaid on time, there is no need to worry about the whole process.
After three or five years, the development of the project is completed, and with the overall rise of the economy of Xiangjiang, then the interest will not matter at all for the profitability of the project in the later stage, and it will not be repaid in a few years.
Of course, this is just a previous plan.
At that time, there was no momentum before, even if he took the initiative to invite others to join the shares, people didn't even look at it, they just thought it was a child's nonsense.
Now, not only has the land been bought, but the entire project has been put on the agenda, and even the architectural design of the commercial plaza has been entrusted to the world's most renowned design studios.
In the eyes of outside colleagues, this is really not messing around, but really doing things.
Anyone with a discerning eye can see that there are huge interests contained in this, but they don't see that the Hong Kong government is announcing it one after another?
If you still hesitate to start at this time, then you really can't even fit the soup.
As for Li Wenxing, even if he understands what they are doing, he is still very unhappy.
You didn't come when you were invited, but now you're licking your face and coming to me? I'm sorry, please get out.
It can't be helped, the reborn are so capricious.
"Or you can engage in a public offering, first calculate the investment ratio of Yingtong, Xingdao, Huamao, and Hengzhao, and then make an external offering, take out 10% of the shares, and let them bid. ”