Chapter 183 The trip to Wanwan and investment success
"Okay." Zheng Zhijie agreed, and then said: "Yang Sheng, at the end of the month, the Hong Kong government will have an auction, which will include many residential properties. , the area is not small, I am going to participate Bid."
"Residential?" Yang Wendong paused and asked, "Are we qualified to bid?"
"Yes, we will bid next time. You can participate," Zheng Zhijie said with a smile.
"Okay, that can be considered the first battle of Changxing Real Estate." Yang Wendong nodded and said.
There are too many real estate companies in Hong Kong, and it is impossible for all companies to participate in the auction held by the Hong Kong government.
The most basic requirements are that the registered capital must exceed HK$1 million, have your own headquarters property, have some development experience, etc.
Money and real estate are easy to talk about, but experience is lacking. For this reason, Zheng Zhijie also used his connections and built a small group of tenement buildings in Tsim Sha Tsui. He barely had experience.
As for whether the Hong Kong government auction house recognizes it or not, additional efforts are needed to smoothen the relationship.
In the past few times, Yang Wendong knew that there were a lot of good land, but he just didn't have the chance to participate.
Zheng Zhijie once again handed over a piece of information and said with a smile: "This is the information for the real estate auction at the end of the month. Among them, the approximately 60,000 square feet of land in Admiralty is considered the best-located residential property in this auction."
"Well, the location is not bad." Yang Wendong said after seeing the information.
Admiralty is close to Central and can be considered the second-tier location in Hong Kong. In previous lives, many wealthy Hong Kong people worked in Central and lived in Admiralty.
Even in a few years, Admiralty itself will be one of the most prosperous commercial areas.
Zheng Zhijie said: "The starting price of this land is HK$1.5 million, and the floor area ratio is 5.5, which means that a maximum of 330,000 square feet of housing can be built."
"The current general housing price in Admiralty is in the 20s, right? That means the final total sales volume will be around 7 million to 8 million?" Yang Wendong asked after a mental calculation.
Zheng Zhijie nodded and said: "Yes, almost. The construction cost of a 330,000-square-foot residence is also about 2 million Hong Kong dollars. The most important thing is the land transaction price, which is estimated to be around 250. Gao may lose money.
Because interest must be deducted, a normal real estate company may only provide a few hundred thousand, and the rest is a loan, and the interest is very heavy.” If you don’t get enough money, you’ll just make less money,” Yang Wendong said with a smile.
Zheng Zhijie nodded and said: "Yes, but investing hundreds of thousands and borrowing millions from banks is a huge risk. If you don't make a million, it will be considered a failure."< br>
"Well, okay, let's consider this our little trial." Yang Wendong paused and then said: "Like other real estate companies, we can use less of our own funds, and everything will be in accordance with normal real estate business. Logically."
If he comes across land, properties or assets like cinemas in the core of Central, then he will definitely be a lion fighting a rabbit, and then win;
But now he is entering the real estate market. , the more important purpose is to train troops, otherwise when the real estate crisis comes in 1966, he may have money but no troops to use. He can't acquire so much land by himself, right?
It will be too late to wait until then to establish a real estate company, and the real estate crisis will only last two years. After 1968, we will also have to develop the large amount of land we acquired during the economic crisis. Therefore, we need ourselves now The real estate team under him has gradually developed through the expansion of the market.
Zheng Zhijie nodded and said: "Okay, I will contact Liao Chong Hing Bank, and they promised to give us the greatest help."
Yang Wendong asked again: "Behind Liao Chuang Hing Bank is also a real estate company, wouldn't that make it a competitor?"
Zheng Zhijie shook his head and said: "No, Liao Baoshan's real estate company is already using funds from his own bank. He can no longer do it for the real estate company To embarrass the customers of his bank."
"Yes, yes." Yang Wendong nodded. Liao Baoshan was just arrogant and confident, but he was not stupid. He must have known that his operation was risky, but he was blinded by the benefits. , thinking that there will be no problems with their investment.
Zheng Zhijie said again: "Then I will prepare the relevant information."
"Okay, notify me immediately if there are any changes." Yang Wendong nodded and said.
He also attaches great importance to the first battle of his real estate company.
On August 12th, midsummer comes to the sky.
Wei Zetao came to the Hong Kong and China Building in Central.
“Come on, Old Wei, it’s so hot outside, drink some ice Coke.” Yang Wendong said with a smile.
His favorite thing in summer is Sprite, but unfortunately Sprite has not been released yet. There are also some sodas in Hong Kong, but he doesn't like them very much. Coke is the best.
However, the Coke in this era is still different from that in the previous life. It is obviously sweeter, so sweet that Yang Wendong can't drink too much.
"Thank you." Wei Zetao said after taking the Coke: "I waited for nearly an hour when crossing the sea. Although there was air conditioning in the car, it was still a bit too hot due to the direct sun."
"Yes, it also wastes time." Yang Wendong also said that he doesn't like running back and forth between Kowloon and Hong Kong Island during the hottest time of summer.
Wei Zetao added: "I heard that some government officials have proposed to build a bridge over Victoria Harbor. I hope it can be built as soon as possible, which will be more convenient;
It's good that we have cars. Those who need to cross Ordinary people in the sea are really hot.”
"I hope so." Yang Wendong followed.
Of course he knows that this matter will drag on for ten years. Perhaps, he can intervene in the future so that the Hung Hom Tunnel can be completed earlier.
The tunnel itself is also a very profitable investment, and if you hoard land on both sides of the tunnel in advance, it will be even more profitable. Compared with the income from the increase in land prices caused by the infrastructure, its own income is nothing.
This was also one of the main benefits of building subways in many big cities in the past. The subway itself was losing money, but the price of land near the subway station was guaranteed, and the government could recover the cost by selling a few pieces of land.
However, it is unlikely in the past two years. The current time is not right. The Hong Kong government will have to fight for several years to build a bridge or dig a tunnel. When real estate benefits are good, anyone with a discerning eye can see this. The high-yield projects launched by the company are also not available to outsiders.
And such an investment is also huge. Historically, this tunnel cost 320 million Hong Kong dollars. Even taking inflation into account, such a large amount of funds is not something Yang Wendong can afford now.
After Wei Zetao took two sips of Coke, he said: "Yang Sheng, there is progress at Fumao. Wang Yongqing said that he can accept the investment, but he hopes that Yang Sheng can go to Wanwan."
< br>"Should I go to Wanwan?" Yang Wendong thought for a while and agreed: "Okay, I should also know about the specific situation of Fumao."
Wei Zetao added: "The Fumao factory is also preparing to take a stake. After success, we bought a piece of land near the existing factory to build a new factory;
The ultimate goal of this factory's plastic production capacity is 2,000 tons per month. It will supply it to us initially, and then we will find ways to supply it to other companies in Hong Kong. In the plastic industry, Wang Sheng is even preparing to export to Japan.”
"Haha, the ambition is not small." Yang Wendong nodded and said: "Then let's go to Wanwan. I just haven't been there yet."
Although he is not clear about Wang Yongqing's development history, he I also remember that by the late 1970s, he had become the top businessman in the Gulf, and Formosa Plastics had become one of the largest plastic manufacturers in Asia. The development speed of this heavy industry cannot be compared with that of Internet, financial and other companies. In other words, its development speed has been extremely fast in the past 20 years.
If this is the case, then buying shares now may be the last chance before others take off. Otherwise, when other people’s products really sell well overseas, it will be a hundred times more difficult to buy shares. , there may not even be a chance. At most, you can wait until someone else goes public before you can become a larger retail shareholder.
On the third day, Yang Wendong took Su Yiyi, Aunt Guo, Zhao Liming's family and Lin Haoyu's family to Wanwan, where they all went to play.
Naturally, Wei Zetao and Hong Xuefei also went together. They were going to work.
More than a dozen people directly contracted a ship in Hong Kong and sailed directly to Wanwan.
Above the sea, the sea breeze blows on your face. Even in the hot summer, it is not that hot above the sea. As long as everyone is not directly exposed to the sun, it is still very comfortable.
"It's so comfortable." Yang Wendong stretched and said, "Yiyi, when we have time in the future, we will go to Europe to buy a special cruise ship so that we can go to sea often."
"Oil tanker? Carrying oil?" Su Yiyi did not react.
"No, it's just for fun." Yang Wendong smiled and said, "It's a small ship specially bought by rich people to travel on inland rivers or on the beach."
"Oh." Su Yiyi also understood a little bit. , and said: "This is too luxurious. Is a boat just for fun?"
Yang Wendong shrugged and said: "It is actually the same as our house. You We have earned so much money that we can never use it all, so we have to spend it as long as it is not an outrageous waste. This kind of normal consumption is also meaningful, otherwise there will be no problem. If rich people don’t consume, the economy will be bad.”
Spending and wasting are two different things. When you have money in the future, you can buy private jets and yachts. This is normal.
Early the next morning, the cruise ship arrived at the port in Taipei, and Yang Wendong set foot on the land of Bayan for the first time.
Wang Yongqing also came to the port in person. When he saw Yang Wendong and others, he said: "Mr. Yang, Mrs. Yang, Mr. Wei, and Mr. Hong, welcome to Wanwan."
"Mr. Wang, Hello." Yang Wendong smiled and shook hands politely.
After another polite exchange, Wang Yongqing took everyone on a minibus he brought over, and the group of people drove to Fumao's factory.
“This scenery is amazing,” Yang Wendong couldn’t help but said as he looked at the villages and farmland outside.
Su Yiyi asked curiously: "What's wrong?"
"Nothing." Yang Wendong smiled. The current Wanwan looked a bit like the mainland in the 1980s in his memory.
An hour later, the CMB arrived at its destination. Yang Wendong and others also had a basic understanding of the Fumao Factory under the introduction of Wang Yongqing.
Yang Wendong only has a little understanding of this. Naturally, it is impossible for him to really study how plastic particles are made. All he cares about is data.
After looking at the existing factory, everyone came to a piece of land next to it. Wang Yongqing said: "Mr. Yang, this is the land I prepared for the new factory. It has a total area of 15,000 square meters and a monthly production capacity of 2,000 tons in the future. .”
"How much does it cost to build this factory?" Yang Wendong asked.
Wang Yongqing said: "The factory does not cost much, mainly the equipment. This equipment must be imported from Japan, which costs almost 600,000 US dollars."
"It is relatively expensive." Yang Wendong I couldn't help but click my tongue after hearing this.
If he were not a time traveler and given the choice, he would not necessarily dare to invest so much money into this kind of heavy industry.
Wei Zetao next to him asked: "Mr. Wang, what is the price of this land?"
"Land is not expensive." Wang Yongqing said with a smile: "Basically it is free. The government encourages investment in factories. As long as it is not in a good location, it is almost free."
"It's really good." Yang Wendong Smiling, one of the most important reasons for the decline of Hong Kong's industry in the future is land prices.
After that, Wang Yongqing led everyone to introduce the new factory project.
In the evening, everyone returned to the hotel. Su Yiyi smiled and asked: "Brother Dong, it seems that Wang Yongqing really wants to take our order."
"Of course." Yang Wendong said with a smile. : "Our trolley cases are popular all over the world. The future demand for plastic particles is estimated to exceed its current scale in the first year. A normal person would want to win it."
Even though plastic pipes have wider uses, Wang Yongqing is still only ruling the roost in a small place like Wanwan. Compared with a product that can be sold around the world, it is still far from enough.
The next day, Yang Wendong came directly to Wang Yongqing's office, and the two of them also drank tea and talked about things.
Yang Wendong asked directly: "Mr. Wang, you are short of funds and need a guarantee of stable orders. I also want to invest in suppliers who can supply me with large quantities of goods.
So our cooperation now is a matter of killing two birds with one stone. How about deciding as soon as possible, then building the factory as quickly as possible and then supplying goods?”
“Of course, I hope so too. Wang Yongqing also said readily: "Mr. Yang, these are some data of our company last year. If we follow the normal operating data of general listed companies, the market value should be around US$2 million.
You can go to a financial institution in Hong Kong to confirm the authenticity. "
"Okay. After Yang Wendong saw the data, he didn't study it carefully. Naturally, he needed to find professionals for this kind of thing, and then asked: "Then how many shares are you willing to sell?" ”
“20%. "Wang Yongqing said: "However, Mr. Yang has to provide me with a bank guarantee to allow me to obtain an additional loan of US$500,000.
The second is to ensure that as long as I can produce qualified plastic particles, I will have priority in supplying to Changxing Industrial. "
Yang Wendong said: "The first point is okay, but you can negotiate the interest rate with the bank yourself. The interest rate for this kind of commercial loan is unlikely to be low.
The second point is that priority can be given to some of you, but not all of it. What I can guarantee is that the quality is up to standard and the price is the cheapest, so at least I can take everything that the new factory can supply.
If you build a factory in the future, you will need to renegotiate. "
"Okay. "Wang Yongqing also felt that there was no problem after hearing this.
"That's OK. "Yang Wendong continued: "If there is no problem with Fu Mao's data, then I can invest directly. ”
PS: Please give me a monthly ticket
(End of this chapter)