Chapter Seven Hundred and Twentieth IX Sale of Land, Return of Funds

Because of Menshen Real Estate, Li Dong didn't go out again in May.

Although Wu Yajun made several phone calls to invite Li Dong to come and have a look, Li Dong still refused.

Yao Hong is indeed, as Xu Shengzhe said, an out-and-out businessman.

Seeing that Menshen's reputation is almost rotten, and Longhua and Dongyu's families are eyeing each other, and Yurun's downfall, Yao Hong wisely chooses the strong man to cut off his wrist.

Sell ​​its high-quality industries and divest low-quality assets.

In just ten days, the former Jiangbei real estate tycoon disappeared.

...

Provincial Party Committee Compound.

Wu Shengnan came here for the first time, the first time to get close to Li Dong in life.

Watching Li Dong boxing, watching Li Dong wipe his sweat, watching Li Dong comfortably leaning on the recliner and basking in the sun...

After watching for some time, Wu Shengnan suddenly smiled and said, "President Li doesn't live like a tens of billionaire, nor like a young man."

Li Dong laughed and said, "What does that look like?"

"Like an old man returning from work in the fields."

Li Dong laughed and said, "Just say that I have the mentality of a small farmer, and say it so elegantly."

Wu Shengnan shook his head and said, "That's not what I meant."

"Whether it means it or not, I will take it as it is." Li Dong said with a smile, and then said: "If you are thirsty and pour tea by yourself, I will not treat you as a guest."

Wu Shengnan was not polite and poured himself a cup of tea.

Seeing that the secretary standing next to her was a little cautious, she pressed her hand to signal her to sit down.

After both of them sat down, Li Dong squinted his eyes and basked in the sun for a while before saying, "I've already found my home, what's the rush?"

"I heard that Mr. Li wants to sell Dongyu Real Estate."

Li Dong asked in surprise, "Who did you hear that from?"

Wu Shengnan didn't answer, but said with a straight face: "Mr. Li, I want to know if this news is true?"

Li Dong shook his head and said, "It's just a rumor, if you really want to sell Dongyu Real Estate, as the president of Dongyu Real Estate, how can I bypass you?"

"What about selling the land owned by Dongyu?" Wu Shengnan asked again.

Li Dong did not veto this time, nodded and said: "I have this idea."

"Why?" Wu Shengnan said in disbelief, "What's the difference between selling Dongyu's land at this time and selling Dongyu's real estate?"

"With the fall of Menshen, Jiangbei respected Longhua and Dongyu. At this time, we should make persistent efforts and take this opportunity to expand Dongyu, seize Jiangbei's market, and fill the market gap left by Menshen."

"Dongyu didn't have a lot of land in the first place, and finally seized the opportunity to rise in the two incidents.

Just at this time, Longhua was mainly focusing on the development of the new city, and the Jiangbei real estate market was largely empty.

With all due respect, if I were Mr. Li at this time, I would rather give up investing in Sichuan Airlines and the expansion of the mall, and seize the opportunity to grow Dongyu into a leading real estate company in one fell swoop.

It is said that a bird in the hand is worse than a hundred birds in the woods. Don't miss the opportunity in front of you and fight for an unknown. Doesn't Mr. Li think it is too risky? "

Li Dong smiled lightly: "Don't worry."

"I didn't say to give up Dongyu, nor did I say not to develop real estate.

I mean take it easy, the real estate market is too hot now, I am a little worried about it.

Compared with last year, land prices have increased by more than 50%. Do you think this is a normal market reaction?

Many people seem to have seen the mobile Jinshan, and tycoons from other industries have entered the real estate market one after another.

Land prices are getting higher and higher, and housing prices are also increasing. If this continues, I feel that the collapse is not far away.

Others are rushing into the arena, we can't be in a hurry.

Especially now that most real estate companies use bank loans, as if they don't care about their own money, they keep pushing up the land price.

But the land has been unable to be developed for a long time, waiting for the next successor.

This kind of game of drumming and passing flowers will not last in the long run. Anyone with a discerning eye knows that the crisis is coming.

Just wait and see, once the higher-ups feel this trend and the bank has a large amount of bad debts,

If money is tightened a little bit, a large number of real estate developers will go bankrupt and jump off the building. "

Wu Shengnan frowned slightly and said, "I admit that there is such a trend as you said, but others are others, and we are us."

"Dongyu Real Estate is different from other companies. Since we paid off last year's loan, our debt ratio is very low."

"Banks are tightening their money, and other real estate companies may experience a shortage of funds, but we will not."

"So I think Mr. Li is too worried, and he doesn't seize the market now. When the market is occupied by others, if we want to develop later, we have to reopen the market. The loss outweighs the gain."

Li Dong didn't refute, nodded and said: "The situation you said is also very reasonable, but after all, the land still has to be sold."

The corner of Wu Shengnan's mouth twitched, what logic are you talking about?

Since what I said is reasonable, you still want to sell the land?

The land of Dongyu Real Estate is not too much. Once it is sold, the huge company will really become an empty shell.

Obviously in a period of rapid development, at this time Dongyu Real Estate should develop real estate aggressively and hoard land to build a reputation.

But Li Dong wanted to do the opposite, and chose to give up during the rapid development of Dongyu Real Estate. Wu Shengnan couldn't understand what he wanted to do.

Seeing that she was silent, Li Dong smiled and said, "Don't worry, sell it for sale, and I didn't say I wouldn't buy it back."

"It can be as long as a year, or as little as half a year. All the land I sell will come back, and I have to return it twice.

The reason why you choose to sell the land now is that you have to understand my difficulties.

The company is expanding everywhere, and the capital turnover is not enough. I don't want to raise money, so I can only sell the land.

Otherwise, even if the land remains in my hands, I don't have the money to develop it now.

The government has also recently been cracking down on regulation and control. Once there is land that has not been developed for two years, it will really take back the land use right.

Now most people are committing crimes against the wind, and it’s fine if nothing happens, and some of them cry when something happens.

We sold the land first, and I had money in my hand, and the capital turnover was opened, and other places were much easier to deal with.

And soon the expansion in Jiangsu and Zhejiang will be completed, and when the stores are officially put into use, we will slowly start to pay back.

From the second half of the year to next year, our revenue will usher in a period of explosive growth. At that time, it is better to have money and people than to be stretched now, right? "

"But why Dongyu?"

Wu Shengnan still felt a little uncomfortable. Dongyu Real Estate's internal system in the distance was always suppressed.

As the most profitable subsidiary company, Wu Shengnan thinks that the real estate company is not even worse than the supermarket.

But Li Dong expanded the supermarket, expanded the shopping mall, expanded the logistics, but chose to give up Dongyu Real Estate among the four subsidiaries, how could she be reconciled.

Li Dong breathed out and said, "It's not about giving up on Dongyu. Selling the land doesn't mean giving up. You have to understand this. The land is sold. During this time, we can have a solid foundation and prepare for the next rise. Whether it's Dongyu's Property or infrastructure, I never said give up.

Not only will I not give up, but I will invest further to expand the scale of these downstream subsidiary industries.

Think about it for yourself, if I really give up on Dongyu, will I do this?

Moreover, Dongyu Real Estate is now in disarray, many things have not been digested, and a few pieces of land can't be developed. What big effect can it have?

Old Wu, be more open-minded, don't just stare at your three-acre land..."

Wu Shengnan looked at him with black lines all over his face, what does it mean to be more broad-minded?

Does this mean that I have a small belly and a narrow mind?

He didn't compare the truth with him, and Wu Shengnan was slightly relieved when he heard Li Dong said that he would expand infrastructure and properties.

From this point of view, Li Dong is indeed not prepared to give up Dongyu Real Estate, otherwise he would not have said so.

After figuring this out, Wu Shengnan didn't say anything more, but changed the subject and said, "If you really want to sell the land, do you want to sell all of it?"

"How many lands do we own now?"

"Including Beichuan and Pengfei, we have a total of 19 undeveloped plots."

"Except for Pengfei and Beichuan."

"We have acquired green land before, plus the acquisition of several lands in Menshen this time, as well as our own hoarding, there are a total of 16 lands."

Li Dong calculated for a while, and then said: "What's the total area?"

"About 3 million square meters."

"If it is sold according to the current market conditions, how much is it worth?"

"Between 6 billion and 8 billion."

Li Dong was a little surprised: "The gap is so big?"

The gap of up and down 2 billion is not ordinary. The data given by Wu Shengnan made him a little strange.

Wu Shengnan coughed lightly and said, "6 billion is the current market price, and 8 billion is the company's estimated market price in half a year to a year."

Li Dong rolled his eyes and immediately understood what she meant.

The woman still didn't give up, and told herself obliquely, it's best not to sell it now, or the loss will be as high as 2 billion.

Li Dong didn't care about her, but began to think about it in his heart.

Dongyu Real Estate has really made a lot of money this year. Even if it is calculated based on the current 6 billion, he has made a lot of money.

Many of the 16 pieces of land were acquired by Li Dong at a low price.

Including the previous green land and this Menshen, the plots hoarded by both parties were all high-quality plots, but for one reason or another, they were taken over by Li Dong.

Coupled with the continuous rise in land prices over the past year, his profit from this area alone has at least doubled. It's no wonder Wu Shengnan is reluctant, the profit is too impressive.

After thinking about it, Li Dongdao: "From now on, slowly release the plots, don't put them all together, and try to clear the plots in our hands within 3 months."

Wu Shengnan sighed slightly, then nodded and remained silent.

Li Dong said to himself: "With this 6 billion, and if you release all the repurchased real estate while the current price is high, the repayment can reach about 8 billion. Excluding all kinds of expenses and taxes, there is still a lot of money." With a loan, it’s not a big problem to get 6 billion, right?”

"It should be more than 6.5 billion." Wu Shengnan said calmly.

"Well, with this 6.5 billion, things will be much easier."

Li Dong breathed a sigh of relief: "And we still have Beichuan and Pengfei, so it's not all empty, right?"

Wu Shengnan forced a smile. Even if Pengfei and Beichuan were left behind, Dongyu would fall from a first-tier real estate company in Jiangbei to a second-tier real estate company. This kind of gap is really hard for ordinary people to accept.

Besides, they only hold shares in Pengfei's side, and they have to bring that fat man, Wang Pengfei, to play with them.

The company that is completely owned by the family suddenly becomes a company that needs to be shared with others. At that time, a board of directors has to be established, and Pengfei's right to speak is not low. How can Wu Shengnan be happy about this.

Although Li Dong knew that she was uncomfortable, there was nothing he could do about it.

If Yuanfang wants to develop now, it has to spend money.

At present, it seems that the fastest way to get money back is to sell the land. You can't sell the supermarket.

If the land is gone, you can buy it again, but if the supermarket sells it, it will be gone.

With this repayment of more than 6 billion yuan, although he has spent all the money on the company's books now, Li Dong is not worried at all.

Whether it is investing in Sichuan Airlines or investing in Beijing and Tianjin in the next few months, this money will be enough.

If there is no accident, the company can still retain part of the funds to develop in other areas, at least enough to meet the expansion of the mall.

Moreover, Dongyu real estate is not really an empty shell. The land in the west city area alone is not low in value, and the commercial street project that Pengfei real estate is developing is also not low in value.

As long as these two things are in hand, Dongyu has not really fallen into the ranks of the second line, but his influence has dropped a lot.

As for the thing of influence, it will come back naturally when Li Dong buys a large amount of land again.

After all, there is no way to develop the land in his hands now, and it is idle if it is idle, so it is better to take the opportunity to revitalize the plate.

Because Wu Shengnan didn't have the time to chat, and he had to go back to prepare for the land sale, he took his secretary and left the provincial party committee compound not long after.

It wasn't until she left that Li Dong sighed and said to himself, "Now I don't have to worry about money anymore."

As soon as he finished speaking, the phone rang.

As soon as it was connected, Wang Yue's happy voice came from inside: "Mr. Li, the rough plan has been reached!"

"Sichuan Airlines?"

"right!"

"How many?"

"25% of the equity, Sinotrans is a little bit more than ours at 26%, and Sichuan SASAC is the controlling shareholder."

"25%..."

Li Dong showed a strange look on his face. In other words, if he joins forces with Sinotrans, or the Sichuan SASAC, he can dominate the entire Sichuan Airlines.

In the future, if I take over the shares of a family casually, it means that I can control the entire Sichuan Airlines in my hands.

After thinking wildly for a while, Li Dong said again: "How much do you want to pay?"

"2.5 billion, but it's just a verbal agreement now, if you think it's too much, we can talk about it..."

"No need, has Mr. Yuan notified you?"

"Preparing to notify."

"Okay, then you should inform Mr. Yuan and sign the contract as soon as possible."

Li Dong gave a few words of advice, and when he hung up the phone, he was slightly relieved.

Although 2.5 billion is a bit much, Yuanfang is only a private enterprise after all, and there is no added value to Sichuan Airlines in this shipping aspect, so it is inevitable to spend more money.

Sinotrans took more shares than his own, but ended up spending less money than himself, and Li Dong could understand.

However, Li Dong is not at a loss. Once he wins the shares of Sichuan Airlines, the influence of Yuanfang Logistics will be great.

Yuanfang Logistics, which was established less than a year ago, not to mention the crazy expansion of the land transportation system, even the layout of shipping has begun. In this case, the entire Yuanfang will benefit.

If Yuanfang Logistics or Yuanfang Group is a listed company, with this good news, the market value may increase by more than 2.5 billion.

Thinking about what he just talked about with Wu Shengnan, Li Dong can only say that selling the land has to be done.

In his opinion, it is much more difficult to get a quarter of the shares of Sichuan Airlines than the land with serious stranded funds.

If he didn't sell the land, he might have to worry about money again now.