Li Zhong vaguely remembered in his confidence that after Hainan was established as an independent province from Guangdong in 88 and Hainan Province was established, a large number of people went to Hainan to pan for gold, including Pan Shiyi, Feng Lun, Yi Xiaodi and others.

What about these people! In the early days of Hainan real estate, they all made a lot of money, so to speak, at that time, these people were the first to eat crabs, and they were extremely optimistic about the development of Hainan Island.

The country has vigorously promoted the construction of Hainan Island, and they have all seized such an opportunity, Li Zhongxin! He did not plan to make much money at such a time, but Li Zhongxin wanted to take advantage of such an east wind to invest more things in Hainan, which would be of great benefit to the development of Hainan Province or to the people of Hainan in the future.

Zhongxin Company took land on Hainan Island, not simply to engage in real estate, but with the help of such an east wind, there is some land and the right to speak in Hainan Province, and when the time comes, Sanya and Hainan scenic spots and other places will be developed on a large scale, so that Hainan Island can reach a certain level in the 90s, so that people from all over the country and people from all over the world can come to Hainan Island to travel and do other things.

Hainan Island has beautiful scenery and is a good place to travel, but it's true! The industry in Hainan Province is much worse at this time.

Hainan Island is blessed with a unique climate, suitable for growing all kinds of fruits and vegetables, which are not available in inland areas, but it is nothing more than the inconvenience of transportation at this time, and it is difficult to convert these things into money.

After the Zhongxin company intervenes in this matter, there will not be too much problem in this transportation, and the Zhongxin company will build a shipping company belonging to the Zhongxin company between Hainan Province and Guangdong Province, and also build a large cold storage and a large canning factory in Hainan Province and Guangdong Province, which will serve the Zhongxin supermarket chain in the future.

As long as the Zhongxin Company can build a large cold storage and canning factory in Hainan, then the specialties of Hainan Province will flow into the inland through the Zhongxin Company, and some inland things will also enter Hainan Island through the shipping company of the Zhongxin Company, so that even if the inland and Hainan Island are circulated.

As long as the circulation is smooth, Li Zhongxin believes that in the future, Hainan Island and the places where Guangdong Zhongxin Company will establish large-scale parks will be full of vitality.

Zhongxin Bank, which has been established by Zhongxin Company in Hainan Province, will not serve real estate, nor will it make loans in this area, if there is an industrial company, there is a kind of development of Hainan Island with Li Zhongxin, Li Zhongxin will raise his hands to welcome.

Why does Li Zhongxin feel that at this time, he only needs to do this here in Hainan! Because Li Zhongxin felt that through his rebirth and efforts, Hainan Island would be presented to the world with a new look earlier and faster.

Don't invest in real estate construction on Hainan Island! Li Zhongxin also has his calculations. During the real estate bubble period in Hainan Province, a large amount of capital led by the four major banks, including large state-owned enterprises and township enterprises and private capital, entered the real estate market through various channels. If you want to make a fortune, speculate on off-the-plan properties", the real estate bubble collapsed after a sharp expansion.

Subsequently, the vast majority of property developers became debtors to the banks, keeping the money they earned and leaving the property at a high price to the banks. Eventually, with the collapse of the Hainan Development Bank, the bank became the largest developer in Hainan.

What about the specific data! Li Zhongxin didn't have that kind of good memory, and he didn't have a computer archive or could ask Baidu, he just vaguely remembered that at that time, the urban population of Hainan was more than one million, and before the real estate company collapsed, there would be a real estate company among almost 100 people, all the real estate was in the transaction, and all the real estate projects were also under construction.

When the Hainan real estate company collapsed, it almost closed down more than 95 percent, and it was precisely because of the collapse of a large number of real estate companies at that time that Hainan had three major landscapes: "the end of the world, the cape, and the unfinished building".

Pan Shiyi, who was the first to enter Hainan Island to engage in real estate development, became Hainan real estate tycoons because of the real estate development in Hainan Province.

These developers, who can smell the wind and rain coming and fill the building, are all human spirits, all of whom withdrew from Hainan Island before the collapse and set up a real estate company in the capital, in short! Hainan's real estate boomed for a period of time because of these people, and the collapse was also due to the rapid withdrawal of these people who made money and had good eyes.

After the bubble burst, Hainan's real estate collateral has been in a state of depreciation and uncertainty, and the state-dispatched inventory team has only recovered a small amount of maintenance costs after several years of disposal.

Because many projects just dig a big hole, the mortgage floors obtained by the bank are basically empty pavilions, and what is even more tragic is that most of the floors in these concepts have been mortgaged several times, and different banks are sad to find that this "big pit" still owes the construction team an amazing advance money, even if the whole project is realized, it is not enough to pay for the project.

Diving property prices and asymmetrical information continue to dominate a new round of unbalanced resource appropriation, and the real estate bubble has invisibly caused the deprivation of the disadvantaged groups in society, leaving a greater scar on society.

Investors who profited from the real estate bubble left with their funds, leaving banks and asset management companies with nothing but cheap "unfinished" buildings and intertwined creditor's rights disputes.

What about these things about the real estate bubble in the later generations! Li Zhongxin didn't want to take care of it, and he couldn't manage it, he felt that first, he didn't have so much energy to operate such a thing, and if he had time to go to Hainan Island to take control, there would be no such a real estate crash.

Second, Li Zhongxin felt that the real estate collapse on Hainan Island was not a bad thing, at least until that time, he would be able to harvest a lot of unfinished buildings, and at that time, Zhongxin Company would be able to better manage Hainan Island.

Hainan Province is one of the several areas that Zhongxin Company will pass through in the future, because Hainan Province is in Li Zhongxin's heart, it is a particularly good place in the future, and the people in the family are counting on Hainan to support the elderly.