Chapter 332: Additional Investment

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Even relying on this project to extend, directly in the capital to trade in the old for the new, this is a good deal, the money does not cost much, but the income is not discounted at all. Pen, fun, pavilion www. biquge。 infoAt this time, Li Mingbao also suddenly realized, no wonder in the late eighties and nineties, so many small traders who walked the streets and alleys were willing to give you an old trade-in, not to mention the old things, even if it was a tattered rice cooker, there were merchants who gave you the old to trade in the new.

Don't think those merchants are stupid, they're actually quite smart. Those broken household appliances can indeed no longer be used, but those materials for household appliances can be reused, and new things have breakthroughs in materials, so the cost of new household appliances in materials has become low, although things are good, but in terms of actual value, old household appliances are materials alone, and the price of finished products is higher than that of new things.

So the trade-in or something, it is definitely a good deal, the previous electric fans made of aluminum or stainless steel, their material price is much higher than the value of the new plastic electric fan. If his strength is still in its infancy and he still needs to accumulate funds, then just opening a business that recycles old goods will make a profit for a year.

But it's a pity that this deal doesn't have much meaning for Li Mingbao now, so Li Mingbao also thought about the profits in it, and didn't plan to take this matter to himself when he turned around, after all, what he is talking about now is big business, recycling rags or something, it's not shameful. That is, the woodworking furniture in these old capitals, Li Mingbao is still a little interested, as for other things, Li Mingbao really doesn't need them.

Anyway, this matter is also a surprise for him, he didn't plan to do this here, but because he wanted to solve the problem of demolition. And now seeing such a situation, Li Mingbao understands that there should be no problem with the demolition of such a project.

The Ministry of Foreign Trade also collected several million yuan from him, and it is their business to solve the accommodation problem of these workers, so much yuan, put it in the current mainland, let alone solve the housing problem of these people, even if it solves the housing problem of three times the number of people, there is still a surplus. The cost of the tube building or something, should not be too low.

After looking at the land in the capital, Li Mingbao and his entourage took a private plane and flew to several big cities in China, including Guangzhou and Shenzhen, and his plane has been there, not that Li Mingbao has so much free time to travel, but the land of the Four Seasons Hotel, all major cities have it, a total of eight plots of land, each of which has to build a Four Seasons Hotel, these plots, Li Mingbao always has to see.

Compared with the 30,000 square meters of land in the capital, other big cities are more powerful on the land. On the Oriental Pearl side, a large piece of land was directly zoned in Puxi, and it was almost close to a hundred acres, and in this way, their leaders were still asking Li Mingbao if such land was enough, and if it was not enough, it could be discussed.

You must know that in these years, the real valuable land here in the Oriental Pearl is Puxi, and the current Pudong is just farmland. Therefore, the mainland government can allocate such a large piece of land to the Four Seasons Hotel, and the conditions are really very generous.

After tossing for half a month, the situation of these plots was finally implemented, and Director Long, who was the liaison, was completely busy. According to him, the plane he has taken in the past few years has not been as long as the plane he has been on for most of the month, and it is still a private jet, which is equivalent to enjoying the travel treatment of a national leader.

When he returned to the capital again, Director Long's task was completely completed. The task given to him by the state, he has completed, and Li Mingbao and his party have also begun to diverge, like Yang Zhi and their team, at this time began to run the ministry and the construction company, so that the hotel project started as soon as possible, and the team is still expanding, before it was only a manager-level person to come, and now when it comes to the actual work, logistics training and other talents have also followed.

Naturally, their treatment is definitely not as good as Yang Zhi's, and even many people are paid in Hong Kong dollars, and they are not talents from the United States, but locals from Hong Kong. Labor is cheap and the number of people is large. Among the later group of people, the most important group of people are still hotel designers.

Although the mainland promised to use mainland designers to design the hotel, the cost of funds would not be too large. But when Li Mingbao saw the drawings made by those mainland designers, Li Mingbao immediately understood what it meant to be cheap and not good.

A good high-end hotel project has been designed by those mainland designers as a strengthened version of the guest house, and there is no sense of brilliance at all, and even their design routines are the same, either a strengthened version of the guest house, or a strengthened version of the sanatorium, and it also has a very heavy Soviet style.

Guest house or something, Li Mingbao naturally abandoned it directly, and the design of the sanatorium is very atmospheric, but Nima's construction area is thousands of acres of land at every turn, and I can play such a project on those plots of land in the urban area? And that strong Soviet style, what kind of trouble is this?

After understanding the design characteristics of the designers in the mainland at this time, Li Mingbao decisively hired French designers with a high salary, and they designed the Four Seasons Hotel in the mainland hotel building. Although these people are really not cheap, the design plan of the eight plots, they asked Li Mingbao for a design fee of 3 million US dollars, which is at least 30 million Hong Kong dollars, which is not a lot for Li Mingbao, but if you count the investment of 100 million Hong Kong dollars, other capital projects will definitely be compressed a lot, and Li Mingbao is not short of money, and he will definitely not discount the project funds of the hotel, and he will get the best, otherwise why would Li Mingbao invite those Frenchmen?

So in the end, this money can only be regarded as Li Mingbao's additional investment, the original investment of 100 million Hong Kong dollars, in the end, Li Mingbao had to come up with a scale of 130 million Hong Kong dollars. As for why the US dollar was converted into Hong Kong dollars instead of directly using US dollars for settlement, it was because of the mainland's cheating exchange rate problem.

If Li Mingbao alone adds $3 million, then it will become about $6 million on the mainland. Because the official exchange rate between the mainland and the US dollar is now two to one, that is, two yuan for one dollar.

It seems like a lot, but if you use Hong Kong dollars to calculate, such an exchange rate is a loss-making transaction, although no matter how you exchange it, it is a loss. But 3 million US dollars can be exchanged for 30 million Hong Kong dollars. And 30 million Hong Kong dollars is the mainland's exchange rate, and the last remaining can have more than 13 million yuan, which is a full exchange rate loss of 7 million yuan.

If you exchange all the Hong Kong dollars for dollars, and then use the dollars to exchange the rubles on the black market, and then the rubles for the yuan, that is the real big hole. Because the current official exchange rate of the ruble is the same as the US dollar, but the actual exchange rate is that ten rubles may not be able to be exchanged for one dollar, and the relationship between the Soviet Union and the mainland is now warming up, so the mainland still does not dislike the ruble or something, and the official exchange rate between the ruble and the mainland is more than one yuan can be exchanged for one ruble, which is a little less than the US dollar.

On this basis, if Li Mingbao uses US dollars to exchange for rubles on the black market, and then uses the official ruble price to complete the transaction with the mainland, then Li Mingbao's Four Seasons Hotel investment on the mainland side will really be able to be exchanged without loss, that is, almost 100 million Hong Kong dollars, and in the end, the mainland side can be exchanged for two or three billion yuan investment, and there is not much loss.

The reason why Li Mingbao did not do this in the end is because both the mainland and Li Mingbao understand that the value of the ruble is actually inflated, and although the mainland likes foreign exchange, it does not have many hobbies for such strange things as the ruble, plus the trade between the mainland and the Soviet Union is mostly barter, and the time when currency is really used is relatively small.

In this way, it does not make much difference whether the mainland has rubles or not. If Li Mingbao gets one or two hundred million rubles to come to the mainland, the mainland may not be able to recognize such foreign exchange, and it will be more troublesome if he does not collect this money at that time. In addition, everyone knows that this ruble is a pit, if Li Mingbao uses the ruble to make investments, even if the mainland accepts it, his sense of the Li family will drop a lot, and if he encounters any good things in the future, he may not be able to look down on their Li family.

For so many reasons, Li Mingbao can only honestly use hard currency such as Hong Kong dollars or US dollars to invest in the mainland, as for the exchange rate, it is still forgotten, suffer a loss now, and it will be easier to talk about other things in the future, if you don't know about the loss now, you won't be able to get to yourself if there are good things in the future. Both sides will accept reasonable avoidance of losses, but if Li Mingbao dares to dig a pit, the mainland side will also teach you how to be a man in minutes, don't think that the mainland has formulated a wrong exchange rate system, they really don't understand the doorway, you treat others as fools, and others will also treat you as fools.

Li Mingbao made additional investment, but this investment did not fall into the pocket of the mainland, and the mainland side had to crook its mouth, after all, the mainland did not have no designers, and you Li Mingbao had to find someone from France to design, and put such an expenditure on the total investment.

But after Li Mingbao gave the renderings given by the French designer to the mainland, the people on the mainland did not open their mouths at all. What is called that people have to die more than people, and goods have to be thrown away. As soon as this rendering came out, everyone understood why Li Mingbao would rather give money to the French than ask for free design. Just look at the renderings, you can understand the gap, plus the hotel this kind of thing, the hardware appearance is important, you have to make the appearance design so ugly, when the grade of the hotel is the time, it will become a big trouble, affecting the income problem.