Chapter 928: A Year's Development Results
Chapter 928: One Year's Development Results
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"By the way, how is the development of Huayang Group this year?" Liu Dong asked, taking advantage of the time now!
"Thanks to the hot market of the domestic real estate industry, and of course your generous investment, we are now building a total of seven residential communities, one is located in the island city, two are located in Quancheng, two are in Zhengzhou, and the remaining two are in Jinmen! The development funds are bank loans, and now most of the properties have been sold out, and now the cost we have invested plus the profits, has reached 5.7 billion Huaxia dollars, in addition to 500 million to repay bank loans and interest, the remaining 5.2 billion funds are basically used to get land!"
"Now, we already have 12 pieces of land with 5,768 acres of land in Island City, Quancheng, Zhengzhou, Jinmen, Beijing and Modu, and are now contacting bank mortgages and expanding the construction team to gradually develop! By the end of next year, our Huayang Real Estate will have the ability to develop 15 communities at the same time, with an annual profit of more than 3 billion!"
Seeing Feng Jianhui's radiant appearance, Liu Dong did his role as a listener.
"Huayang property company, has now purchased 5 buildings and 13 new community properties, this year's profit will exceed 500 million, next year after the merger of our company's own development of community property, the property company's profit will at least double!"
"Huayang real estate brokerage company, now mainly for the sale of second-hand houses and the leasing of houses, after several mergers and acquisitions, has established branches in 18 major cities in the north such as Quancheng, Island City, Zhengzhou, Luoyang, Kaifeng, Jinmen, Beijing, and Modu. The annual profit is 300 million! Next year, the number of branches of Huayang Real Estate Brokerage Company will increase to 30, and the profit level will reach 500 million!
"Huayang Furniture Design Company and Huayang Landscape Design Company are left, because they were established late. The reason why the popularity is not enough is that the profitability level is relatively low now, and the profit of the two companies this year is only about 100 million!"
"The only one that is not profitable is Huayang Ancient Construction Engineering Company! Because of the particularity of the industry, it is difficult for us to receive this kind of ancient building construction or restoration work!" Feng Jianhui frowned.
To be honest, if Liu Dong hadn't insisted at the beginning, he would not have agreed to open a company within the group specializing in the development and restoration of ancient buildings. The business is too narrow!
The reason why Liu Dong set up an ancient construction engineering company in Huayang Group was to lay the foundation for the reconstruction of the Old Summer Palace in the future, and Liu Dong was not at ease. Only with his own company, Liu Dong can really trust, not to mention that fertilizer and water do not flow into outsiders' fields!
Of course, these can still be said to Feng Jianhui for the time being!
"Lao Feng, Huayang Group has developed well under your leadership. Now the total assets are close to 10 billion Huaxia coins, right?" asked Liu Dong with a smile.
"Count the six branches. Huayang Group's assets have now reached 8 billion Huaxia dollars, but we still owe nearly 5 billion loans to the bank, and the debt ratio is close to 60 percent, which has put our finances in danger!"
And now the domestic real estate development is in the ascendant. The huge market is still early to produce a bubble, so Feng Jianhui is not too worried!
He just said that just to remind Liu Dong. We are not rich, and it is better to invest billions of dollars in the future!
Liu Dong was not stupid, he naturally heard Feng Jianhui's subtext, but he just smiled and didn't say anything, how much ability he had, he himself knew best!
After the successful merger of Standard Chartered Bank, the soaring stock price, as well as the loan leverage that could be provided to him, was enough to provide Liu Dong with a huge amount of $20 billion!
This money is wasted in the bank, and it is undoubtedly more ideal to turn it into an industrial investment!
"Does Huayang Group have any plans to develop commercial real estate next year?" asked Liu Dong after taking a sip of tea on the table.
Although he didn't understand Liu Dong's purpose, Feng Jianhui said quickly: "Yes! We have won 158 acres and 130 acres of land respectively within the third ring road of Modupu-Dongxin District and Chaoyang-Yang District of Beijing, and are ready to develop into a comprehensive building with 5A office buildings, Jiahua five-star hotel, 2,000 square meters of pillarless banquet hall and high-end serviced apartments, comprehensive shopping centers, high-end hardcover apartments, underground parking lots and other residential and commercial buildings!"
After thinking for a while, Liu Dong said: "Lao Feng, how high can we build a commercial building now?"
"The monomer is no more than 240 meters!" Feng Jianhui replied.
"240 meters?"
Looking at Liu Dong's frowning appearance, Feng Jianhui nodded and said: "That's right, now our Huayang Real Estate only has a first-class construction qualification, and according to national regulations, it can only undertake industrial and civil construction projects with a height of less than 200 meters, as well as structural projects with a height of less than 240 meters!"
"If we want to build a super high-rise building, what kind of qualifications do we need?"
"Super high-rise building?" Feng Jianhui wondered.
According to national regulations, buildings with more than 40 floors or a height of more than 100 meters are super high-rise buildings!
"I'm talking about super high-rise business buildings with a height of more than 400 meters!" Liu Dong explained!
"400 meters!!" After being shocked for a while, Feng Jianhui shook his head, "Chairman Liu, our Huayang Real Estate has no experience in building floors with a height of more than 400 meters, and building this kind of building requires special qualifications, which we don't have now!"
"Special qualification?"
"Well, only construction companies with special qualifications can undertake the construction of all kinds of housing construction projects. And we are two years away from meeting the conditions to apply for the special qualification!"
Looking at the look of doubt on Liu Dong's face, Feng Jianhui paused for a moment and said again: "We have met most of the application conditions for special qualifications, and the only one is 'the average annual project settlement income of the enterprise in the past 3 years is more than 1.5 billion yuan', and we only have this year's income is qualified!"
"So, if we only rely on our own development, we will have to wait until two years to get the qualification?" Liu Dong frowned.
"Maybe three years!"
"Huh?"
Facing Liu Dong's questioning eyes, Feng Jianhui said directly: "The expression procedure for the super-grade construction qualification is very cumbersome, and it is already fast to be able to apply for it within another year, and it is normal to delay two or three years to get it!"
"It's been too long!" Liu Dong said in his heart.
He didn't want to wait for two years, let alone three years or even longer!
"Of course, it would be a different matter if we could acquire a company with a premium construction qualification!" Feng Jianhui said at the right time.
And the reason why he said this is that he also hopes to turn Liu Dong's investment direction back to real estate from the steel industry, after all, compared with the steel industry, which has high competitive pressure and low profits, the real estate industry is the real profiteering!
"So you have a goal?" Liu Dong looked at Feng Jianhui and smiled.
"Yes, but we don't have much hope of acquisition!" Feng Jianhui said.
"Let's talk about it first!"
After nodding, Feng Jianhui said: "Now in the whole Shandong-Dong Province in addition to the state-owned construction group, there is only one private enterprise with special qualifications, Shangyuan Construction Group, with highway engineering, mechanical and electrical installation, steel structure engineering, curtain wall, fire protection and other more than 20 professional contracting qualifications, as well as foreign contracting project business qualifications, the group's business includes building construction, scientific research and design, road and bridge construction, municipal engineering, equipment installation, decoration, engineering supervision, inspection and testing, trade logistics, machinery manufacturing, building materials production, Real estate development etc!"
“…… Moreover, Shangyuan Construction Group has branches and construction teams in all northern provinces, and the total assets of the group have reached 12 billion yuan! If we can merge with Shangyuan Group, we will become a real estate giant comparable to Wanke and Country Garden!"
"It's really good! Why do you say that there is little hope for the acquisition?" asked Liu Dong.
"Because although Shangyuan Group is private, his official background is too strong, most of the group's shares are in the hands of relatives of officials in Quancheng City and Dongshan Province, and Wen Li, chairman of Yangming Group, who controls it, is the wife of Zhong Changtao, the current executive vice mayor of Quancheng, ......!"
"Wait, you said that Wen Li, the chairman of Yangming Group, owns the equity of Shangyuan Group?" Liu Dong interrupted Feng Jianhui's words!
Although he didn't understand why Liu Dong's reaction to the mention of Yangming Group would be so big, Feng Jianhui still nodded and said: "That's right, although Shangyuan Group is not listed, the controlling stake of the company is in the hands of Yangming Group, which is something that the entire Quancheng business district knows." ”
"The breakthrough is found!" Liu Dong said in his heart.
How to fight the crazy woman Wen Li who always wants to put herself to death has always been something that Liu Dong will never forget, it is too dangerous to do it directly, and it is also easy to come in unpredictable dangers, and now Feng Jianhui's words obviously gave Liu Dong a clear way.
With such a close connection to officialdom, Wen Li, as the leader, including her husband Zhong Changtao, is definitely not very clean under her buttocks!
As long as you find evidence of corruption or bribery, then it will not be so difficult to bring them down!
And it is very difficult for others to find evidence, but it is very simple for Liu Dong, who has the relics of Yuanguang, as long as it exists, Liu Dong will definitely be able to find it.
"Liu Dong, Liu Dong ......!"
"Huh?"
"...... you just now?"
Looking at the look of doubt on Feng Jianhui's face, Liu Dong explained: "I'm sorry, I suddenly thought of something just now, I was distracted, you continue!"
"I'm done!" Feng Jianhui said with some tears and laughter.
Behind the relationship, his words became playing the piano to the cow, and the other party didn't listen to a word at all!
After reacting, Liu Dong, who felt a little embarrassed, stood up, "Then let's go back first, the auction is estimated to have started!"
After listening, Feng Jianhui, who stood up behind him, looked at Liu Dong's back and shook his head secretly, the inexplicable ending of this conversation in the end was really confusing! (To be continued......)