"Mr. Li, if you have nothing to do, go back and get busy!" Hu Shao finally set the tone, this time the shareholders' meeting of Jiante Biotechnology was over, and the next negotiation was very important, and Li Junhao was also asked to leave. Pen? Interesting? Pavilion wWw. ｂiquge。 ｉｎfo

And last night, several sons and brothers called to ask the old man at home, and the information they waited for was not optimistic. At present, the central government has not given up the strategy of tightening monetary policy, especially when the currency was depreciated sharply in '94.

Exchange rate changes have a great impact on the domestic economy and international investment. Before the reform and opening up in 1978, from 1949 to 1952, during the period of national economic recovery, the RMB exchange rate was not based on gold, but the management floating system was implemented, and the price was the basis for determining the exchange rate; From March 1955 to November 1971, the Bretton Woods system was in a period of stability, and the RMB exchange rate remained at the level of 2.4618 yuan (1 US dollar exchange) for nearly 16 years. From 1973 to 1979, the renminbi exchange rate was adjusted only a few times, and by 1978, the central parity of the renminbi against the U.S. dollar was 1.684 yuan (1 U.S. dollar exchange).

From 1979 to 1994, the RMB exchange rate was subject to a dual-track system of listing price and adjustment price, during which the RMB depreciated from 1.684 yuan to 5.654 yuan. During the period of the dual-track exchange rate system, there were also foreign exchange vouchers with a face value equivalent to the renminbi. Due to the large interest rate differential between the foreign exchange rate and the official listed price, there was a foreign exchange black market that was banned by the government during this period. In the early stage, it mainly focused on speculating on foreign exchange vouchers, and then directly speculating on foreign currencies. In the early days of reform and opening up, the RMB was overpriced, and the black market price of foreign exchange (foreign exchange bills and foreign currencies) was much higher than the official exchange rate, and the maximum difference in the previous period was nearly doubled.

In 1994, the valuation of the domestic currency was too high, and economic development was stagnant, which was not conducive to exports, and was much worse than the annual economic growth rate of more than 8 percent set by the central government. In this regard, in 1994, the exchange rate was merged and a flexible peg to the US dollar was implemented, and until the reform of the exchange rate system in 2005, the RMB remained at about 8.27 yuan against the US dollar.

After the currency devaluation in 1994, inflation reached more than 40 percent, which is still the official inflation rate. After several years of adjustment, bank loans were stopped. The government has begun the first round of tightening macroeconomic regulation and control, and domestic inflation has been clearly curbed.

The answer that a few sons got from the old man last night was naturally not optimistic about the monetary easing fiscal policy introduced by the central government to support real estate, and several people were still very disappointed about this.

Most of the sons and daughters went to go around abroad, and when they studied abroad, they naturally knew about the huge profits of the real estate industry. But if the domestic policy is not supported, it is difficult for a clever woman to cook without rice, and several people are the children of the big man, so they can get a little policy instruction from the old man in advance, but it is impossible to influence the formulation of policies.

Several sons were disappointed and finally decided to give up investing in the real estate industry. First, Liu Dashao of Times Real Estate invested 3 billion, so how much do they need to invest? If you invest too much and have no money, it is better to get the 30% equity directly with empty gloves and white wolves; Second, the real estate industry at present they do not see the prospects, not like investment, if the government in the future to introduce policies to support real estate development, at most put aside Liu Si to set up a new real estate company, with their relationship, take the land, the development of real estate is also very easy is not.

"Sisi, yesterday a few of us went home to discuss it, and Times Real Estate carried out a cooperation plan. If Times Real Estate wants to take the land, I guarantee that no one will dare to stop it in China. Hu Shao has been dealing with Liu Si more and more intimately recently, and his title has changed from Liu Shao to Sisi.

"I am very happy to be able to cooperate with Hu Shao." Liu Si said with a smile, "Mr. Lin, come over and talk to Hu Shao... Get to know each other, whether Times Real Estate can get a good land in the future, you have to work with Hu Shao... Communicate more! ”

"Yes, boss." Lin Yushan saw that the faces of Hu Shao and the others were very similar to the leaders he saw on TV, so it was not difficult to guess the identity and status of several sons, so he attached great importance and eagerness to several sons. In this way, as a few sons, Times Real Estate definitely has a good prospect!

"Sisi, Brother Hu...... You don't wait for us, but you're already talking. ”

Liu Si turned around and looked over with the voice, and as expected, Jiang Shao, Lu Shao, and Li Shao finally arrived at the club before the real talks.

"A few mornings!"

"Good morning, everyone!"

After saying hello to each other, the three of them sat down in the circle where Liu Si, Hu Shao and others talked, Li Shao was an anxious person, and couldn't wait to speak, "Where are you talking?" ”

"The shareholders' meeting of Jiante Biotechnology Company has ended, and now we are talking about the first thing - the matter of Times Real Estate." Liu Si responded politely.

"Oh, Brother Hu, you go on, I'll just listen."

Hu Shao glanced at him, and then looked at Lin Yushan: "It can be seen that Lin is always a talent, and I believe that Lin will be able to manage Times Real Estate well." However, can Mr. Lin tell me about the development strategy of Times Real Estate? ”

Lin Yushan set his eyes on Liu Si, and got Liu Si's approval, before he opened his mouth to talk about the strategy he had formulated with Young Master Liu before, "Times Real Estate now has nearly 500 skilled construction workers, but Times Real Estate now has fewer engineers and does not have the qualifications to make great strides. In this regard, I think it is necessary to dig up some engineers and work hard to form our own construction team, for which we are ready to spend a year and a piece of land to build a commercial house to exercise the experience of our construction team. Liu Shao's capital injection will make Times Real Estate not lack capital, and in this regard, the next step is to reserve land on a large scale and wait for the spring of real estate. ”

"In less than two years, Times Real Estate's land reserve and talent acne will have a qualitative leap. When the spring of real estate comes, Times Real Estate can develop in real estate with an unstoppable trend. Liu Shao has reported to the State Administration of Foreign Exchange on the injection of capital into Times Real Estate, Times Real Estate will have a capital injection of 3 billion yuan, in this regard, the personal goal is to train an experienced construction team within a year, and obtain from the government a total of at least 2.5 million square meters of land reserves in major cities. ”

Liu Shao listened to Lin Yushan's words and was very satisfied with this. In particular, Times Real Estate has to obtain a total of at least 2.5 million square meters of land reserve from the government within one year, which explains the conditions for him to obtain 30% of the equity of Times Real Estate.

2.5 million square meters is equal to 2.5 square kilometers, which is equal to 3,750 acres. 2.5 square kilometers is not much for the whole of China, and you must know which of the top real estate developers such as Vanke, Wanda, Country Garden, and Longfor in the future does not have a land reserve of far more than 1000000 square meters.

Liu Si attaches great importance to the land reserve, and there are more than 5 billion US dollars abroad, but this time the capital injection of Times Real Estate was intended to be used to buy research equipment and acquire related foreign companies for vivo and Meizu abroad, so Liu Si had to extract 500 million US dollars from the 5 billion US dollars.

The next $4.5 billion will be withdrawn to absorb the forward contracts of South Korean won and New Taiwan dollar, so only $3.5 billion remains.

The $3.5 billion can be withdrawn from the margin account in June, and you must know that in June, the Thai baht and the Indonesian rupiah almost began to depreciate. The Thai baht ranges from 24.5 to $1 to $26 to $1 on June 1, and the rupiah from 2,242 to $1 to $2,380 to $1 in June.

Even the ringgit and peso currencies have more or less begun to depreciate slowly, and the new Taiwan dollar and the Korean won have not yet depreciated, and they are still floating up and down within a certain range, but Liu Si has not yet absorbed the forward contracts of the Korean won and the new Taiwan dollar on a large scale.

But the $3.5 billion Liu Dashao is ready to invest it in Hong Kong's Hang Seng Index, so it is almost impossible to use. In addition, although the depreciation of Asian currencies has become a foregone conclusion after June in history, with their own little butterfly, who knows if there is a butterfly effect, it is good to leave some ammunition after all.

"In the land reserve of Times Real Estate, we will greet the following, as long as we do not do illegal things, Times Real Estate invests in and benefits the local community is worthy of vigorous support from governments at all levels." Hu Shao made a final decision and promised the goal of 2.5 million square meters of land reserve.

"Since Times Real Estate has no objections, let's talk about the next thing!" Liu Si seconded, "By the way, I will go to the Industrial and Commercial Bureau tomorrow to change the equity, and the equity change letter will be delivered to you in 2 days at the latest." ”

"On the matter of supporting the strategy of national retreat and democratic progress, and supporting national development. We believe that we should adopt differentiated cooperation, some enterprises we use the cooperation method of joint investment and merger of state-owned enterprises, and some enterprises adopt our cooperation mode of agency merger. Hu Shao thought about it and preached.

"No problem. So I don't know if Hu Shao has a list of state-owned enterprises? Liu Si guessed the news of the launch of some high-quality state-owned enterprises on the market, and this group of sons and daughters should know about it, so they want to jointly merge this high-quality state-owned enterprise, but those who are not operating well do not plan to participate.

Liu Si's merger of state-owned enterprises is mainly aimed at the four major industries of automobiles, home appliances, chemicals, and steel. Needless to say, the development prospects of the three industries of automobiles, home appliances and chemicals have always been promising and profitable industries.

As for steel, before 06, it was actually a profiteering industry. In 97, the price of domestic steel was about 3,300 yuan/ton, and today's iron ore price is 20 US dollars/ton, which is 10 times different from the price of 180, 190 or even more than 200 US dollars per ton of iron ore in later generations.

In 1997, at the price of US$20 per tonne of iron ore, the cost of producing a tonne of steel was about 1,900 yuan (or even less at that time), but the selling price was 3,300 yuan per tonne, which shows the extent of its windfall profits.

"Sisi is probably going to be disappointed, and if you want to get which state-owned enterprises in various provinces and regions have launched the market, it will take at least a month to get the catalog list."

"Well, let's discuss how to work together in a month's time!" Liu Siwei wants to end this meeting quickly, he still has a little more to do, "The matter of Times Real Estate will trouble you sons, as for the preparation of chain Internet cafes, you will do it, 10 million enabled capital, I will go to the bank to transfer the money to Hu Shao's account after I go back today." ”

"After Mr. Lin went back, he planned the land reserve of Times Real Estate Company. How much land is planned to be acquired in each province and region, and in what location. And I will also give you a copy of some internal information of the Ministry of Land and Resources of various large cities, and you can choose the land according to the plan of the Ministry of Land and Resources. Once everything is ready, I'll say hello to the local authorities. "I am not optimistic about the prospects of the real estate industry, but I attach great importance to the capital of 3 billion yuan in Times Real Estate. They also own 30% of the shares, with a total capital of 900 million yuan.

"Thank you, Hu Shao, Li Shao......"

"Thank you, but Sisi, you don't have to."

"Yes, Sisi should have a thank-you party!"

"Sisi ......"

After coaxing for a while, after calming down, Liu Sirong stood up with a glorious face, stretched out his right hand, and shook hands with all the sons and brothers one by one.

"Happy working together!"

"Happy working together!"