Chapter 1872 Minzhu Tower
One billion US dollars!
How much could be done in 1985?
Mr. Du doesn't know how many times the factories and scientific research units below have come to him to ask for some US dollars in foreign exchange to purchase some urgently needed materials or machinery.
But every time the government affairs are arranged, it is difficult for a clever woman to make a meal without rice, and there is simply not so much foreign exchange to satisfy them.
Every time he saw their disappointed looks, Mr. Du felt very uncomfortable.
This is why he boldly decided to auction the land in Lujiazui, and why he had to change his mind before the battle and found wealthy Chinese from Southeast Asia to compete.
You know, how many people in Huajing strongly opposed him doing this?
If it weren't for his strong foundation, his integrity, and his outstanding abilities, he would have been directly transferred away long ago.
In the end, Mr. Xiao, Mr. Yun, and several other elderly people who usually didn't talk much collectively expressed their support, and then the land auction plan was approved.
Now he has received a huge amount of US$1 billion in land acquisition funds in one fell swoop. With such beautiful results, he can already explain it to anyone.
And this money is not paid off in three to five years.
Those who can participate in this auction are told that they must pay the money within three months, otherwise it will be considered a breach of contract and they will be held accountable.
With such a huge amount of foreign exchange that can be used immediately, Mr. Du can feel proud and spend a lot of money to distribute money to factories and units that are in urgent need of foreign exchange to buy things.
But you have to spend this money wisely, otherwise there are countless people who can spend it all for you in a matter of seconds.
After receiving such a big benefit today, Mr. Du also knew that he had offended many people.
Although people may not hold grudges, this matter is definitely his fault.
So at the dinner party in the evening, he made an exception and drank a glass of wine at each table in one go. This was very rare for this first-class official who was famous for his toughness.
Everyone saw that he was like this, so they could only drive away the unpleasantness.
After all, although the price is a bit more expensive this time, it is the best and most potential site for development in the future.
At the current development speed of Shanghai, if the first batch of repairs is completed in three to five years and completed in ten or more years, the profit of 10 times will be small.
If you are lucky, twelve or three times the profit is not a problem.
Then during the construction and operation process, the local government needs to actively cooperate. If you offend this big boss, you will be asking for trouble.
Based on this, they could only smile and say that they didn't take it seriously, and gave Mr. Du a drink in return.
Everyone at the scene, only Yin Jun who was drinking, knew that from this sum, everyone made more than they imagined.
What ten times, twelve times?
If it were built into commercial buildings and office buildings instead of high-end residential areas, the profits would be reduced by twenty to thirty times. Don't even mention it!
If the delay is severe and repairs are made slowly, it will be delayed until 20 years later. When the last batch is sold, a profit of fifty times can be expected.
Or like Li Chaoren, Zheng Yutong, and Li Zhaoji, they only rent out the office buildings and commercial buildings they have repaired but do not sell them. Then after 2016, any building they buy will cost tens of billions of yuan.
However, few people can delay it until that time.
They usually sell the land they acquired in the 1980s as quickly as possible to avoid losing it to themselves.
That is to say, in the 2000s, when they bought land and built houses again, they were as slow as possible in building houses, waiting for the price to rise sharply, or simply waiting to collect rent and acting as tenants.
Yin Jun is not short of money, and he also knows the future trend. The real estate in the three major cities of Beijing, Shanghai and Guangzhou is the safest. He is an idiot to sell these.
After the banquet, everyone took their cars back to their hotel.
But the charter boat king, Li Chaoren and others called Yin Jun over again and did not let him go home. They went back to the hotel directly and sat in the coffee shop on the second floor.
In Shanghai, although these foreign-related hotels are surprisingly expensive, their service attitudes and methods are definitely in line with international standards.
The same is true for the coffee shop, which has a very European and American coffee shop style. Even the waiters are wearing vests and white shirts, which is very foreign-style and does not match the simplicity outside the hotel at all.
The few people who seemed a little drunk at the banquet just now drank a few cups of coffee and regained their energy.
"It's better, Mr. Yin. He made it clear from the beginning that he doesn't drink, and no one dares to drink, and he won't get drunk." Hu Yinxiang from Hopewell Industrial sighed after taking a bite of the dessert.
"Yin Sheng's status is there. Didn't you see that Qiu Deba came over to toast and didn't say anything?" Li Chaoren said with a smile.
"This Qiu Deba is very good." Yin Jun nodded and said, "I originally thought he would be irritable and hold grudges, but I didn't expect him to be so flexible and adaptable. Such a person is unlikely to be annoying, and he will often fail in business. It’s always bad.”
"Who says it's not?" Wu Guangzhen continued, "In Wheelock's takeover battle, when he saw that it was no longer possible, he immediately sold all his shares to us. He made a profit from this sum alone. More than 200 million Hong Kong dollars. He can make so much money in just two months of planning and action. He really knows how to do business."
"Good guy, isn't that 200 acres of land near the river, which is equivalent to what you gave them?" Zheng Yutong blurted out.
Except for Yin Jun who bought a piece of the 200 acres of land next to the river for 40 million, the rest were priced at 30 million US dollars. Isn't this just over 200 million Hong Kong dollars?
Zheng Yutong is known as Shark Dantong, and he is also the most carefree. When he said this, the charter king and Wu Guangzhen were a little depressed.
Although this business was generally a great victory for the Bao Group, Qiu Deba's cash gains from this acquisition battle were also real benefits.
Yin Jun quickly changed the subject, "Guys, if you guys still haven't rested at this late hour, and you asked me to come over, you wouldn't be just chatting and gossiping, right?"
"Haha, Ajun, you have a beautiful and charming wife waiting for you at home. Of course you are more impatient than middle-aged people like us!" Zheng Yutong obviously knew Yin Jun's intention and quickly changed the conversation, "But I don't know. Brother Bao said he had something to discuss."
Seeing that everyone's eyes were on him, the chartering king calmly said, "The thing is like this, when you were downstairs in the morning, I was invited to the second floor by Mr. Du, and he told me something Er...Shanghai City is planning to build a landmark building, a TV tower, and I hope we can give you some help."
Oriental Minzhu Tower! ?
This name immediately appeared in Yin Jun's mind.
Sure enough, it came anyway!
In my own impression, this most landmark building in Shanghai was built in the past two years, but it was only in the 1990s that funds were available to repair it.
Mr. Huo, who had been silent until now, frowned and said, "Uncle Bao, do they want us to pay?"
"You can also say that." The chartered boat king said with his jaw.
"They really didn't think too much." Zheng Yutong immediately said, "We have only earned 1 billion US dollars here, and now we are asked to donate landmark buildings...how much will it cost?"
830 million yuan.
Yin Jun reported another number in his mind.
The Oriental Minzhu Pagoda took about three years to build in the 1990s, and that's the price.
If it had been built in the 1980s and the prices had not skyrocketed, it might have been possible to build it for 400 million yuan.
But if it were three years earlier, 300 million might be enough.
After all, in the second half of last year, prices soared by more than 30%.
"According to their calculations, the total funds may cost about 300 million yuan." Wang said, "If we can donate 100 million yuan, that would be the best."
300 million budget?
Yin Jun was stunned and figured it out.
This is because these people have not considered the rise in prices.
Now maybe with a little saving, 300 million yuan can be used to repair the TV tower.
But after several years of construction, will the cost continue to rise as prices continue to rise?
To put it bluntly, in the six months or so between now and when the drawings are produced, the budget will have to increase by at least 30 million yuan.
Hearing the charter king's words, Mr. Huo's mouth moved. Yin Jun saw that he obviously wanted to say "Why?", but the Huo family's family rules and his father's attitude made him dare not say this at all. Words come.
Li Chaoren was a bit opposed this time, "100 million yuan is equivalent to more than 200 million Hong Kong dollars. If we can bear it, the price is not very expensive. But the problem is that we are businessmen and we cannot make donations every time. Otherwise, if Huhai donates, will you donate to Huajing? Do you donate to Guangdong? Do you donate to Lin'an? Do you donate to Chengcheng?
If every city where we want to do business asks us to donate 120 million, there are thousands of cities in China. Even if we have a huge family, it will be impossible for us to afford it! The company's shareholders will definitely object to this, which would be bad if it causes conflicts! This is also inconsistent with the principles of doing business. "
"right!"
Zheng Yutong nodded repeatedly, "What's more, he just played a trick on us during the day and made us spend so much money. How can he donate so much more?"
"Let me see, if you think about it, 1 million Hong Kong dollars per person will be enough." Mr. Huo saw that Zheng Yutong had spoken, and he directly put forward his opinion.
"One million is still too little. Companies such as Hang Lung, Nan Fung, Chinachem and Dachang are about the same." Hu Yinxiang smiled, "But our offer of HK$5 million is definitely appropriate. After calculation, it is almost 50 to 60 million." Hong Kong dollars are also completely acceptable."
Hopewell Industrial has a large number of projects in eastern Guangdong, and Hu Yinxiang also echoed Li Chaoren's statement.
If you keep donating money again and again, it will really be a bit unbearable.
"Ajun, what do you think?" The chartered king did not come to a conclusion, but turned to Yin Jun.