Chapter 623: 4 Billion Net Worth!

After such a series of announcements and declarations came out, the whole Xiangjiang was in shock.

As for the article issued by the Xiangjiang Real Estate Construction Chamber of Commerce "Absorbing Mr. Yin Jun as a member of the Chamber of Commerce", it has been ignored by many people in the face of such explosive news.

The current Xiangjiang Real Estate and Construction Chamber of Commerce is not as brilliant as it will be ten years later.

Today's Xiangjiang real estate industry is still dominated by British capital.

But no matter how you say it, the youngest member of the Xiangjiang Real Estate Construction Association was born, and it also set a record that has never been seen before.

Another record set by Yin Jun was that on the same day, Xiangjiang Commercial Bank also issued a statement, "With the approval of the board of directors, the company hired Mr. Yin Jun as a non-executive director of the company."

As a result, he also became the youngest director in Xiangjiang and even the entire Asian banking industry.

Of course, these news are still far more shocking than the 800 million Hong Kong dollars!

Although the 800 million yuan actually included the 300 million yuan income from the first phase of house sales of Yin Jun Qilin Garden, in fact, the six companies only gave 500 million yuan in cash, and there were also Yin Jun's previous various companies. Expenditures on materials, construction, advertising, etc.

After excluding the 17.5% corporate income tax that must be paid, Yin Jun’s net profit on this will not exceed 500 million, which is much less than his income on Wharf.

But no matter how you say it, once an astronomical figure like 800 million Hong Kong dollars is thrown out, it will definitely be an earthquake level, the kind that makes people stop breathing!

In the eyes of outsiders, Yin Jun only spent a deposit of 10 million yuan, plus the previous expenses of building six houses and some shops-the building has not been repaired halfway, so the expenditure is at best about 100 million Hong Kong dollars!

From May to the current beginning of August, in just three months, only relying on the investment of 100 million Hong Kong dollars, it has obtained a profit of 800 million Hong Kong dollars. Apart from Yin Jun, who else can do it?

Since the beginning of this year, Yin Jun has done too many big deals!

At the end of May, Yin Jun sold his shares in Taohua Datong to Hang Lung Group, earning more than 300 million Hong Kong dollars.

In less than a month, in the first ten days of June, Yin Jun sold a large amount of Wharf stocks in his hands to the charter king, earning more than 800 million in one breath.

Now more than a month has passed, and Yin Jun has made another 600 million Hong Kong dollars in one breath by relying on the land sales in Tin Shui Wai!

Added up, in less than half a year, Yin Jun has earned 1.7 billion in three deals! !

Even though it was rumored that Yin Jun's loan from Xiangjiang Commercial Bank exceeded 2 billion Hong Kong dollars, but relying on the profits from such a few transactions, Yin Jun had to pay back the loan.

For the rest, Yin Jun still has "Kirin Weekly" and its booklet with a monthly profit of more than 50 million Hong Kong dollars; there is also the Kirin Toy Company, which is making money every day, and now three shifts can hardly meet it It has received orders from 10 countries, which shows how high its profits will be.

What's more, this talented young man bought a 4 million-square-foot Type B land exchange right.

According to the current trend of the Hong Kong real estate market being extremely hot, such a large amount of wealth has long been unknown how much it has appreciated!

Let's not talk about the money-losing product "Kirin Daily", but it loses more than 10 million a month. For Yin Jun now, there is no difficulty at all.

Then Yin Jun holds 14.6% of Cheung Kong Group's shares. It is conceivable how powerful Cheung Kong Group, which has annexed Hutchison Whampoa, will be in the future, so this sum is also a precious asset.

In the end, Yin Jun still holds 51% of Kowloon Bus's shares. Now Kowloon Bus's market value has skyrocketed. Although it also owes billions of Hong Kong dollars in debt, its future development potential cannot be underestimated.

Among other things, according to gossip, a British-funded company was planning to buy 10% of Yin Jun's shares at a valuation of 2 billion Hong Kong dollars, but Yin Jun simply ignored it.

In October last year, when Yin Jun acquired the shares of Kowloon Bus, its market value was only around 500 million. In less than a year, the market value skyrocketed by 3 times. This is not something ordinary companies can do!

This also proves that the future of Kowloon Bus is limitless.

After careful calculation, Yin Jun, who has paid off the loan, has a net worth of more than 4 billion! !

From coming to Xiangjiang in February 1978 to August 1980, in two and a half years, Yin Jun, who had nothing, created such a unparalleled miracle in the world, which is really the most typical realization of Xiangjiang dream!

"Damn it! Is there anyone more amazing than Junshao?"

"There is no one else who can reach this level in real estate except Yin Jun!"

"You know what a fart! Yin Jun's doing this is a kind of harm to the real estate businessmen, so they are forced to suffer this loss and bought the Qilin Garden at a high price!"

"It doesn't matter how Yin Jun did it, anyway, he succeeded! This is very remarkable! From today on, he is my idol!"

"Oh my God, 3 billion! At Yin Jun's age, I didn't even earn 30,000!"

"Tch, how can you compare with geniuses? Young Master Jun's achievements are more than 3 billion? I think there are at least 4 billion thanks to the Transformers toy!"

"In terms of personal property, Yin Jun should be in the top five in Xiangjiang, right?"

"Who says it's not? You can easily become a super rich man in Xiangjiang. Such a genius, how can I compare with ordinary people?"

"..."

There was a lot of discussion from the outside world, which had nothing to do with Yin Jun.

On the contrary, Le Yiling was very decisive. After receiving the cash checks from the six major real estate companies, he immediately repaid the loan from the Hong Kong Commercial Bank, and now the Kirin Group still has 600 million Hong Kong dollars in cash flow , very abundant.

This time, the six major real estate companies jointly purchased the land in Tianshuiwei. Many people wanted to know the inside story, but the real estate bosses never mentioned it.

As the second largest shareholder of Cheung Kong Industrial, Yin Jun is of course qualified to know the secrets inside.

Although Cheung Kong and other six major companies came forward to buy the land, their shares are different from each other, and those companies that did not make a move, such as Hang Lung Group, Chinachem Group, Dachang Properties, etc., all have 500 yuan or less. Thousands, or ten million or so gave money to support.

It's okay if they lose money in the Qilin Garden in Tianshuiwei in the future, but if they make money, they still have to share it with them in proportion.

After all, what happened this time was a matter for the whole Xiangjiang Real Estate. They didn't have a large amount of money to invest in the shares, and it was necessary to have a small amount of money to support it.

Moreover, Yin Jun did not get 800 million Hong Kong dollars in vain, and also got the building construction rights and property management rights.

The land in Tianshuiwei has been sold, but Yin Jun still has 4 million square feet of Type B land exchange rights in his hand. For this part of the land reserve, Xiangjiang Real Estate and Construction Chamber of Commerce has also agreed with Yin Jun, and it can no longer be used in accordance with the agreement. The current way to develop, but must be developed in the same way as they are.

Yin Jun readily agreed to this request.

If it weren't for the fact that the real estate in Tianshuiwei was too difficult to obtain, how could he use the method of killing one thousand enemies and self-defeating eight hundred to build the Qilin Garden?

The 4 million square feet of land reserve, Yin Jun is also planning to use it to build residential estates for his workers, and when the time comes to build it properly, it will be a good income from property.

For Yin Jun, besides the income of 800 million yuan from the sale of the Kirin Garden this time, there is also an incidental benefit.

That's when the advertising effect of "Kirin Daily" became famous.

The advertisement for Qilin Garden started at the end of June. Every day, three 12-page advertisements were published in the "Kirin Daily", bombarding the people of Xiangjiang with fatigue day after day.

These advertisements are really not crudely fabricated, but really took a lot of thought to do.

As a result, although the public was tired of advertisements later, many young people and children went to watch those novel advertisements.

Of course, the advertising effect of "Kirin Daily" spread throughout Xiangjiang through this kind of unscrupulous bombing.

It is no exaggeration to say that at least one-third of the credit for the easy sale of Kylin Garden is due to the advertisement of "Kylin Daily".

The smell of wine is also afraid of the deep alley.

For a good real estate, where is it good, where is it good, how to describe it so that people can clearly know where it is compared with others... These all have to rely on publicity and advertising.

Many people in Xiangjiang are not well-educated, and they don’t understand some text advertisements, but the advertisements with pictures and texts on the "Kirin Daily" let them quickly understand the various advantages of Kirin Garden.

This is what publicity does.

Taking advantage of this opportunity, "Kirin Daily" started a new round of advertisements when the first phase of Kirin Garden was sold out.

Not to mention, in the past few days, both real estate companies and other companies have come to inquire about the price, planning to follow the example of Qilin Garden and make large advertisements or individual page advertisements.

According to "Kirin Daily"'s inference, a month's advertising revenue will increase by between 3 and 5 million, greatly relieving their pressure.

Yin Jun didn't care that they were still losing money. According to their different positions, a bonus equivalent to 1-2 months' salary was distributed out as a reward for the excellent advertising effect this time.

Not only them, the employees of the Xiangjiang headquarters of the Kirin Group have more or less received bonuses and dividends, and everyone is happy from ear to ear.

Although there is not much money, everyone can actually feel the festive atmosphere!