Chapter 783 Depletion of Cash Flow

The acquisition of Longhua Plaza is no small matter.

There are many things involved, including Yuanfang Group's layout of commercial real estate.

On the morning of the 17th, Li Dong returned to the company again.

In the small meeting room.

As soon as Li Dong put forward the plan to acquire Longhua Plaza, Wu Shengnan said excitedly: "Mr. Li, has Longhua Group agreed?"

Longhua Plaza is located in the largest commercial district in Yaohai District, and it is also one of the best commercial districts in Pingchuan.

If Longhua Plaza can be acquired, Yuanfang Group and Dongyu Real Estate will definitely become famous.

Yuan Chengdao was not as excited as she was, and asked after a moment of consideration: "President Li, what is the price at Longhua?"

"Xu Shengzhe asked for 1.5 billion, and I set it at 1.2 billion. Judging by his appearance, he should be tempted."

"1.2 billion……"

Yuan Chengdao was still pondering, but Wu Shengnan said impatiently: "President Li, 1.2 billion is definitely worth it!"

"Longhua Plaza has the advantages of a vehicle flow center, a passenger flow center, and a consumer center, and there are six universities beside Jiang University, Agricultural University, and Jiang Medical University.

In addition, Longhua Plaza is not too far from Yuanfang Building.

Let’s not talk about these, just talk about the construction area of ​​Longhua Plaza, the total construction area exceeds 150,000 square meters.

Among them, if the commercial store area is added to the negative floor, it will exceed 60,000 square meters, and the office area will exceed 90,000 square meters.

Now Longhua Plaza has no shops for sale, so it is difficult to say the exact price, but according to our analysis, the unit price per square meter of commercial shops will not be less than 10,000.

As for the office building area, even if the price is lower, it will not be too low. I am absolutely sure that there are more than 6,000.

In terms of the overall price of the building, 1.2 billion is almost the same.

And there are other influences. Longhua Plaza has been in business for three years. I don’t need to mention the benefits. Just look at the flow of people and profits of our Longhua store.

So after comprehensive consideration, let alone 1.2 billion, we can actually consider 1.5 billion.

The commercial building has 40 years of property rights, and Longhua Plaza has only been in business for three years, which is also a major advantage.

Longhua must be in crisis this time and needs money urgently, otherwise they would definitely not sell it.

Mr. Li, this opportunity must not be missed, we must not miss this opportunity! "

It has to be said that Wu Shengnan, the boss of the real estate company, was not in vain.

Without any investigation, Pi Li Pa La revealed a lot of benefits.

Of course, this is also related to the great reputation of Longhua Plaza, and another point is the connection between Yuanfang and Longhua Plaza.

It can be said that Yuanfang started from Longhua Square.

It is precisely because of the Longhua store that Yuanfang has gained a firm foothold in Pingchuan, and the Longhua store has also provided sufficient development funds for the development of the Yuanfang Group.

In this case, as a senior executive of the company, Wu Shengnan naturally has a thorough understanding of Longhua Plaza.

Listening to her analysis, Yuan Chengdao thought for a while and said, "I generally agree with what Mr. Wu said, but there are a few shortcomings that I still want to point out.

First, Longhua Plaza has been in business for three years, and the name Longhua has been deeply rooted in the hearts of the people.

After our acquisition, if we change the name, there will be a loss of people. I can't guarantee this point, after all, there is no such precedent.

Second, there are still disputes over the property rights of Longhua Plaza. At the beginning, Longhua Plaza was jointly invested by Yaohai District and Longhua Group.

Later, Longhua Group kicked Yaohai District away and independently operated Longhua Plaza.

Although there were no problems when the Longhua Group was in operation, it doesn't mean that there will be no problems when we take over.

Third, according to Mr. Li, Mr. Xu is in urgent need of money, that is, there is no installment payment, and it must be paid in one go. 1.2 billion is not a small amount. Where did the money come from?

Fourth, will the acquisition of Longhua Plaza make the public question our real estate company?

After all, the competitor of Dongyu Real Estate is Longhua, and now we have taken over the commercial shopping center of the other party..."

Wu Shengnan did not refute the previous points, but when Yuan Chengdao came to the fourth point, Wu Shengnan shook his head and said: "I don't think it will be questioned,

Our acquisition of Longhua Plaza is an opportunity to prove our strength.

The greater the reputation of Longhua Plaza, the greater the impact we will have after the acquisition.

Even the pillar shopping plaza of Longhua Group has been acquired by us, which shows our strength. If we want to question it, we should question Longhua Group.

As for the previous points, I don't think it's a big problem.

Especially on the side of the district government, if there is a problem of property rights, can Longhua Group sell Longhua Plaza?

As long as it can be transferred, it means that these problems are not a problem. Longhua Group can deal with this matter, so can't our Yuanfang Group?

As for money..."

Wu Shengnan glanced at Li Dong, indeed, the 1.2 billion cash is the biggest trouble.

If the money was not too high, Longhua would not have thought of the Yuanfang Group.

Seeing that everyone was looking at him, Li Dong smiled and said, "I'm not too worried about money. Yuanfang Group has a lot of cash flow now. Excluding Beijing, Tianjin and Sichuan Airlines, there are about 4 billion..."

As soon as he finished speaking, Liu Hongmei said quietly: "Mr. Li, 4 billion is already in the past tense."

Li Dong was choked, and said speechlessly, "How much more?"

"Due to the expansion of Yu Province, we invested 500 million in advance, and we invested 300 million in this mall promotion.

In addition, the logistics park side also spent 200 million during this period.

In addition, Shanghai needs to expand in the future. Compared with other places, Shanghai will cost more, and I am afraid that it will cost more than 1 billion in the early stage.

The sum of these items is 2 billion. In fact, we have overdrawn the payment for the goods. "

As soon as she finished speaking, Liu Hong, who was present at the meeting, said dryly: "There is also our data center. Mr. Shen has almost finished his investigation. The data center must be launched immediately, and 500 million must be reserved."

"Ahem..."

Zhang Mingduo, who hadn't spoken much, said embarrassingly: "There is also the shopping center in Su'an. Last time, Mr. Li said that construction should start as soon as possible. Because this is related to Governor Jia, we can't delay any longer, and we have to start construction as soon as possible. OK."

Qin Hai also said in a muffled voice: "Because of this promotion, the funds on the books in the early stage have almost been spent on the logistics side. The 1,000 stores scheduled for this year have only completed more than 600 now. If they continue in the future, the investment will not be low. There is the Southwest Logistics Center, and an agreement has been generally reached with Sichuan Airlines, and the sum of the two items must be 500 million.”

Li Dong was dumbfounded, and it took him a while to say in a bad mood: "You guys are stealing money! With your words, the remaining 2 billion will be divided among you?"

You must know that this money is plus the 2.5 billion payment for goods!

It wasn't enough to spend the money from selling the land. Now that I haven't made any plans to pay for the goods, these people have already made up their minds and divided up the money for the goods.

Everyone was silent, but they thought to themselves: It's not you who launched so many projects at once.

Since the beginning of this year, countless projects have been launched.

It can be hundreds of millions or billions at every turn. It is not bad that Yuanfang can last until now.

Among other things, Li Dong himself invested 2 billion yuan, 3 billion yuan in bonds, and almost 7 billion yuan in land sales, which is 12 billion yuan. In addition to the 2.5 billion purchase coupons, nearly 15 billion yuan is not enough to invest.

This is not counting the profit of the group itself, and the loans. In total, Yuanfang burned 20 billion funds this year.

Only half a year has passed in a year, if you don't tell Li Dong the news that the money is used up now, who knows what he wants to do in the future.

Yuan Chengdao felt a little helpless when he saw Li Dong was in a panic.

Now you know the difficulties of the group, right?

The mouth is hundreds of millions and billions, and the group really doesn't have so much money to burn.

He didn't have much objection to buying Longhua Plaza. After all, the value of Longhua Plaza is there, and 1.2 billion is not a loss.

But with such a large sum of funds being used crucially, the group is really struggling now.

This is not counted as future expenses. You must know that the construction of the logistics park has just started, the expansion in Shanghai has not yet started, and the expansion in Yu Province has just started.

Even if the group's profits can sustain the expansion of these projects in the future, the current other projects have already spent all the money.

There are only two paths left, loans or financing, and of course the last one, going public.

Everyone was silent, Wu Shengnan felt a little dissatisfied, and struggled for a moment before saying: "If it's not possible, we will sell the land in the West District! The land in the West District is worth at least 4 billion. According to our shareholding in Pengfei, There are also 2 billion in hand.

This money is used to acquire Longhua Plaza, which in my opinion is a good deal.

Moreover, the acquisition of Longhua Plaza does not mean that the money has been spent. We can sell some shops to get back the money.

Generally, the sales ratio of commercial real estate is about 30%, and we sell 30% of the shops, and it is not a big problem to get back 200-300 million.

Then use Longhua Plaza to mortgage part of the loan. In fact, we can use about 500 million funds to win the shopping mall. "

Li Dong also eased from his depression at this time, and nodded when he heard the words: "I also think the same way, but there is no need to sell the shop, and now is not the time."

"To mortgage Longhua Plaza as a whole, based on our relationship with CCB, it is not a big problem to borrow half of it."

The others were silent, Yuan Chengdao glanced at Liu Hongmei, Liu Hongmei hesitated for a moment before saying: "But in this way, all our cash flow will be exhausted. If the land in the west city area is sold, I'm afraid it will be returned later." There are other uses."

"There's no rush to sell the land in the western urban area. If the cash flow is exhausted, it will be exhausted. It's useless to keep it to collect interest. It's better to invest."

After Li Dong finished speaking, the others were a little speechless.

Is this a matter of charging interest?

Such a large group does not leave any cash reserves. Doesn't the boss understand how big the crisis is?

According to the scale of Yuanfang, it is really dangerous not to leave a cash reserve of one or two billion yuan.

It was fine before, Li Dong didn't use the payment, and the group had more than two billion yuan there, even if the situation was critical, there was still a way out.

Doing this now is completely in the rhythm of leaving no way out.

Seeing everyone's expressions, Li Dong naturally knew what they were thinking.

After pondering for a moment, Li Dongcai said: "When the time comes, I will resort to financing."

Yuan Chengdao disagreed somewhat: "At that time, we must have encountered a crisis. I am afraid that at that time, others will take advantage of the fire and rob us. The financing gains are not big, but the sacrifices are not small.

If you really worry about a crisis, it is better to raise funds before the crisis. "

This point is reasonable, if you are really going to be in trouble, how can others be so kind to help.

At that time, it is almost certain that it will be worse, and the price paid will be even greater.

Many people agreed with this point of view, but Li Dong squinted and snorted: "What? Are you afraid of failure before you start? If you don't have any confidence, why don't you do it at all!

In the past, Yuanfang had no money, but now Yuanfang has not reached the point of life and death, and you start to think about defeat before winning!

How can there be so much to consider, just keep going forward.

I'm really going to lose, I'm going to file for bankruptcy at worst, you have work experience in a distant place, and you can still live well if you find a big group!

Don't think about the usefulness and uselessness of these things all day long, we haven't reached the time to enjoy ourselves yet!

The road of Yuanfang Group has just begun. At this time, you are worried about how to go on.

In the future, don't talk about these things, I don't want to hear them, just do your own work well, and you don't have to worry about other things. "

Speaking of which, Li Dong stood up and said, "The meeting is over!"

After leaving these words, Li Dong went straight out of the conference room.

Everyone else looked at each other, and after a while Yuan Chengdao sighed: "It's all gone, let's do what President Li said."

Everyone didn't know what to say, and they dispersed one after another.

Seeing that Wu Shengnan was about to leave, Yuan Chengdao shouted, "President Wu stay for a while."

Upon hearing this, Wu Shengnan sat down again, and waited for everyone to leave the door before asking, "Is there anything you can do with Mr. Yuan?"

Yuan Chengdao pondered for a while and said: "Mr. Wu, you have also seen the current situation of the group. As the president of Dongyu, there is nothing wrong with you wanting to develop a real estate company.

But you are also a director of the group, so you have to think about the overall situation.

I have also learned about the situation of the real estate industry recently. Although it is not yet the time for panic, there are indeed bad signs.

So at this time, I hope you can stand in the footsteps of the group and put aside your personal thoughts for the time being.

The acquisition of Longhua Plaza, I hope it will be the last expansion of Dongyu Real Estate this year, the group is not strong enough to support such a big scene..."

Wu Shengnan's face changed for a while, and after he finished speaking, he said sullenly: "Mr. Yuan, whether Dongyu Real Estate will expand or not is not up to me.

Mr. Li has a plan for everything, even if I don't say it, Mr. Li will do it himself.

In addition, the expansion of real estate is not my personal selfishness.

From the day I became president of Dongyu Real Estate, everything I did was for the development of the group and for the benefit of the group.

Over the past year, you have also seen that Dongyu Real Estate's contribution to the group is obvious to all!

If it weren't for Dongyu Real Estate, I don't think the group's development would have been as fast as it is now.

I'm not asking for credit, I'm just stating a fact that Dongyu Real Estate is not dispensable, but an indispensable member of the group.

What's more, the acquisition of Longhua Plaza is also a good move. I don't think there is anything wrong with it. Mr. Yuan, I hope you can understand this. "

Yuan Chengdao looked at her for a while, finally nodded and said, "I understand what you mean, you should go back first."

Wu Shengnan didn't talk nonsense, got up and left.

As Shen Qian's best friend, she is actually familiar with Yuan Chengdao, but Wu Shengnan is still very dissatisfied with Yuan Chengdao's ignorance of Dongyu Real Estate.

As soon as Yuan Chengdao said this today, Wu Shengnan knew that he and he were not in the same way.