Genius remembers in a second [Aishang Novel Network biquge.info] to provide you with wonderful novels to read.

Song Chen shrugged his shoulders and said to Liu Jun, who was smiling silently with a goblet, "Well, that person hasn't been standing next to her all the time?" ”

Liu Jun also shrugged his shoulders and laughed at himself: "Standing like this will at least make me look less desolate!" ”

Everyone was stunned for a moment, and then laughed heartily.

Ye Lin said lightly: "Don't be obedient on the side, Liu Jun, you don't have to be a genius of Song Da as a woman!" ”

Liu Jun laughed and said, "Then you are wrong!" Take a look at the people, there are two stunning female companions standing on the left and right, which is like us, alone! ”

Wang Xiaoxue chirped: "The surname Liu, if you feel lonely, let Yang De find you ten or eight to accompany you, and don't gossip here!" ”

Everyone laughed again. Ji Chang couldn't help laughing, he shook his head, took two steps forward with his girlfriend's waist, and introduced: "Ah Chen, this is Du Liyin!" ”

"Fortunately, I will be lucky!" Song Chen said with a smile.

The so-called gathering of likes, although Ji Chang did not introduce what Du Liyin did, Song Chen could still guess that the other party was the same as Ji Chang, and there were at least a few relatives who were big officials behind him.

"It's a pleasure to meet you, you look so much younger than in the newspapers and magazines, and everyone adores you!" Du Liyin smiled slightly.

"Really? I hope they don't say, 'There is no hero, so let the shaft become famous' or something like that! ”

Song Chen's self-sarcasm made others smile meaningfully: if this was a year ago, he might have been supported by many people, thinking that Song Chen's success was due to luck, and the biggest evidence was that there was a 'crazy vote' Sun Zhengyi standing behind him, but now, if someone else said this, it would only be self-inflicted! Song Chen's sharpness seems to be a kind of foresight insight, which has made Song Chen a well-deserved opinion leader in today's network industry!

In essence, public opinion is now more inclined to believe that Son's "crazy investment" has brought three imaginative gold treasures to SoftBank Group, and whether there are many treasures in the treasure depends on the growth of the "Chenxing model"!

A few more pleasantries. Everyone sat down around the sand.

After looking at Yang De and Zhao Qianya, Wang Xiaoxue asked with a little curiosity: "How did you know each other, we didn't hear any rumors!" ”

Zhao Qianya is a very talkative woman, she took the initiative to explain: "Last year, after Ctrip took the lead, Dongou Hotel Management Group and Chenxing Internet Cafe shareholders raised funds to establish the Chenxing Homeinn hotel chain, Ade served as the head of the new company, and we Meikai happened to have several large-scale commercial real estate projects in our hands that needed to obtain financing. ”

"You can get a beautiful woman in business. I think I'm going to have to be proactive! Next time I have a good project, I will also be a general manager! Ye Lin smiled.

"Aren't you the general manager now? The general manager of the Shancheng branch of Chenxing Internet Cafe, will not selectively forget, right? Yang De glanced at Ye Lin.

Chen Daohui, who grew up, pushed his elbow against the top leaf forest and teased: "There are so many hot girls in the mountain city, don't complain about other people's peach blossoms if you don't hold a beauty!" ”

Clearly talking about Ye Lin, but in fact he was still joking with Yang De, everyone laughed, Yang De rolled his eyes again, and the hand on his knee secretly raised his middle finger towards Chen Daohui.

Although Zhao Qianya is also one of the targets of jokes. But the appearance is very decent, and the demeanor is very good, showing a very good tutoring and literacy.

Song Chen smiled and asked, "Ade, how is Chenxing's home?" Still shun lì? ”

Yang De groaned: "It's okay. It is currently in a large-scale infrastructure cycle! At present, Chenxing Homeinns has six investment projects in operation, three of which are old building renovation projects and two office building investment projects. and a property acquisition plan! ”

"Hey, it's quite radical, don't you have enough funds!" Cui Yao was taken aback.

Zhai Yue shook his head and said, "Although it is a little more radical." But as long as the property is in hand, the appreciation of property assets will be reflected in Ctrip's financial report sooner or later! The office building project is mainly cooperated with Shangcheng and Meikai, and we invested part of the funds, and they transferred the property ownership of the podium and some of the shops to us! Among the three old building renovation projects, two of them are in the capital and one is in Dongou, and as for the property acquisition, it is the property that Yang De fancies in Qiantang! ”

Turning his head, Zhai Yue said to Song Chen: "It's just that in this way, the first batch of investment budgets of Chenxing Rujia is far beyond the original plan, and the finances are relatively tight!" ”

Song Chen asked in surprise: "Can't you strip off your assets and borrow money from the bank?" ”

"Absolutely!"

This time it was Yang De who answered, and he shrugged his shoulders and said with a wry smile: "It's just that whether it is an office podium property or an old building renovation, it takes time to build, and before the construction is completed, we can't apply for a loan from the bank with the project plan, right?" At present, Chenxing Home only has the podium property that is being renovated on Qiantang Wenyi Road to take out a mortgage, so our company's book funds are relatively tight, and now it is less than 80 million! ”

Ctrip's registered capital is 230 million RMB, and so many projects were launched at the same time but only spent 150 million RMB, which is obviously impossible in China's big 6 ten years later!

Zhai Yue said: "In fact, 80 million is enough, as long as we wait for the completion of other projects, we can take these assets to mortgage to the bank, and the loan and only the funds obtained are enough to pay for decoration, management costs and various taxes and fees!" ”

Zhou Qianya said with great admiration: "In fact, I admire your business experience, the financial leverage is very skillful, as soon as you get these projects, you will apply for a loan from the bank as soon as possible, and the financing idea is very similar to our real estate company!" ”

Ji Chang glanced at Song Chen, who was smiling and silent, and said with a smile: "We have a good teacher here, this is not much different from the original capital expansion of Chenxing Internet Cafe, it is a capital-oriented expansion method, and after two years, it can be regarded as a clear door!" ”

Listening to everyone's opinions, Song Chen fell into deep thought: the investment idea of Chenxing Homeinn is, to put it bluntly, "hotel income + property appreciation".

The former is the basic business function of the hotel, the latter's operating income is based on the psychological expectation of "long-term bullishness on China's property market", the shareholders of Chenxing Homeinn are convinced of Song Chen's vision, so Chenxing Homeinn did not hesitate to give up the rental property, but indirectly involved in the real estate asset management business in the way of "investment + acquisition + transformation", if the property price plummets, the shareholders of Chenxing Homeinn will be trapped in the heavy assets of Chenxing Home, even if they will not lose a lot!

Fortunately. This possibility does not exist for China, and Song Chen, who crossed over more than ten years later, knew it.

At present, the millennium has just begun, and the price of land appreciation and commercial housing is not as crazy as it was a few years later, but the upward trend has become more and more obvious, which will directly lead to a sharp rise in the investment cost of Chenxing Homeinns.

If it weren't for the limited funds and insufficient talent reserves, Song Chen would even build a flagship-style hotel building by buying a piece of land for Yang De!

Yang De said slowly: "The hotel industry is a capital-intensive asset-heavy industry, and the capital scale of Chenxing Homeinns is not enough to form a circular form of 'investment + loan', coupled with the limitation of talents. So now it's mainly about stabilization! At the latest in August this year, the first hotel of Chenxing Homeinn can be opened, and the second and third hotel properties will be available next year and O2 years, if you invest in the property yourself, the growth of Chenxing Homeinn stores will be very limited! ”

This problem was also considered by Song Chen a long time ago, and he said with a smile: "There are three reasons for limiting the scale of Chenxing Homeinn, one is capital, the second is management talents, and the third is the investment cycle!" First. The talent problem is not difficult to solve, we can dig people from Dongou Hotel or other hotels; Secondly, the investment cycle of hotel properties is relatively long, in addition to cooperating with real estate companies. We can also solve this problem by way of direct acquisition, so that we can compress the investment cycle to less than 6 months; Finally, there is funding, in the final analysis, the ultimate reason for limiting the growth of Chenxing Homeinn is still funding. It's not hard to fix at all, and the shareholders are not short of money! ”

"Although we are not short of money, we are also very willing to invest in it......" Chen Daohui touched his nose. laughed at himself, "But this ROI (return on investment) is too slow, and I am used to the 'profiteering cash cow' of the Internet café, and Chenxing is really not interested!" ”

Liu Jun smiled: "So you are just a multimillionaire, and Song Chen is a rich Chinese!" Vision determines the pattern, Comrade Daohui! ”

"Wow! The Chinese are rich, Liu Jun, you are not afraid of flashing your tongue! Song Chen laughed

Wang Xiaoxue glanced at Liu Jun, and said with a smile: "Don't lift him so high, the Chinese rich can't take his turn now, and there is Li Ka-shing in front of him!" In the past, it was okay, and he was worth hundreds of billions of dollars, but now that the NASDAQ has fallen so badly, if it comes to net worth, Ah Chen can only be murderous in China, and he is really not a figure in the world! ”

Song Chen sneered: "Did you say that about me?" ”

Wang Xiaoxue squinted at Song Chen and laughed: "Now your worth is worth such a big depreciation, let alone hundreds of billions, and no one will even mention it estimated that 10 billion US dollars will be mentioned, this is not fake, right?" ”

Everyone present had different expressions, all of them showed expressions that seemed to be smiling but not smiling, they were very curious: If Song Chen went bankrupt, or if he was just an ordinary rich man, would Wang Xiaoxue and Zhai Yue still follow Song Chen with all their hearts?

Wang Xiaoxue's sarcasm and jokes reminded Shi Tao of a past incident, and he asked Song Chen with a smile: "Then again, two years ago was calculated to today...... Ah Chen, the worse the NASDAQ stock market crash falls, the happier you are, right? ”

Started calculating two years ago? Zhao Qianya and Du Liyin's expressions were surprised, their lips opened slightly, and they couldn't help but gasp. After asking their respective boyfriends, it turned out that Song Chen had predicted the possible results of the NASDAQ stock market boom at the beginning of his business! It's just that everyone thought that Song Chen's attitude was too pessimistic, so he didn't pay much attention to him, who would have thought that two years later, he would make such thorough use of the current situation?

"Haha!" Song Chen laughed, then put away his smile as if he had changed his face, and said: "You know everything about me, if I pretend to be garlic in front of you, it will also seem that I am too hypocritical!" When Masayoshi Son invested 100 million US dollars, I told you, don't care too much about the changes in capital, it doesn't matter if Chenxing Holdings is worth 100 billion US dollars, 100 million US dollars or not, the important thing is to achieve your goals! ”

Looking at Chen Daohui, Song Chen said with deep meaning: "Actually, the return on investment of Chenxing Home will not be low!" As I have said before, China's economic environment is complex, and the performance-oriented government bureaucracy will inevitably go to great lengths to push up real estate prices for both public and private gain! In order to support the stimulation of China's domestic demand market, the central government will also put a lot of money! In other words, the depreciation of the renminbi will be very fast, and there is a property that retains its value better than fixed assets? ”

Yang De said thoughtfully: "In this way, the early capital operation is undoubtedly the most prudent means of investment: using the bank's money to invest a large amount in fixed assets, because the bank's interest is lower than the depreciation of the RMB!" ”

"Not bad!" Song Chen smiled calmly, "You are not so much investing in hotel properties, but indirectly obtaining the income of commercial real estate, which is a very stable investment portfolio!" ”

Du Liyin's eyes flashed, and she asked suspiciously: "Then speaking of which, isn't it safe to make a profit in the real estate business?" ”

Seeing that the other party was disapproving, Song Chen was dumbfounded for a moment, shook his head and said: "Of course not, the central government supports real estate for many reasons, the background of the introduction of this policy at that time was the Asian financial crisis in 97, stimulating domestic demand is on the one hand, on the other hand, it is also hoped that the real estate industry can drive the national economic exhibition, as far as possible to get rid of the impact of the Asian financial crisis!" If the housing price arc rises too fast, the central government will use the policy to regulate and control housing prices to avoid economic impact! Once the policy is introduced, especially the central bank's interest rate hike policy, if there is not enough cash reserves, the real estate industry will be very uncomfortable! ”

Wang Xiaoxue looked at Song Chen's eloquent side face, her beautiful eyes flashed with happiness and blurred colors, she liked Song Chen the most at this time: his expression was resolute, his eyes were deep, and he could tell his views on an industry in easy-to-understand language in front of everyone Who would have thought that the man in front of him was a 22-year-old boy who had not studied in college?

"In an economic crisis, cash is king!" Yang De smiled, "This sentence has been on my father's lips recently!" It's you, Chenxing Holdings has five or six billion dollars in your hands, what are your plans? ”

Zhai Yue, who understands Song Chen's core strategy, said: "One of Ctrip's core strategies is to occupy part of the upstream hotel resources, so the main focus on Chenxing Homeinns is to hold or guarantee influence, and at this base point, in order to strengthen the role of Chenxing Homeinns, we will accept more investment!" (To be continued......)