Chapter 1499 Policy Impact
After only a few days in Xiangjiang, Bai Qian returned to Yanjing, and Li Fuzhen stayed in Hedong Garden, along with Yang's mother who was planning to stay there for a while.
Yang Dongxu took Zhou Ya and his son Yang Wenchen back to the Magic City. The little guy still had to go to class. This time when he went to Xiangjiang, Zhou Ya helped him take a few days off.
Returning to the Magic City, Yang Dongxu started working in the Hurricane Building and held a high-level meeting at the same time.
This meeting adjusted the company's strategic focus for the next period of time, because today the official has introduced a new policy on real estate.
In the past two years, the overheating of real estate in the mainland has become the focus of public attention, and has also attracted the attention of the big bosses above. As a result, real estate control policies have been introduced frequently.
For example, as early as 2003, Document No. 18 raised the issue of controlling overheating of real estate investment.
Then in 2005, the "Eight Articles of the Nation" were promulgated, and then the "Eight Articles of the New Nation" were promulgated in order to further refine and extend it.
This year, the "National Six Regulations" were officially implemented. Many real estate companies have held high-level meetings to adjust the company's key development issues in the coming period.
In later generations, there are online trolls who say that housing prices will get higher the more they are regulated, which is useless. It is true that room prices have been rising year after year despite regulation, but without these regulation policies, house prices would have taken off directly. Do you believe it?
Don't always feel that housing prices are getting higher and higher, as if real estate capitalists have exceeded policy constraints. In fact, every time there are specific control measures, real estate developers are facing a formidable enemy, fearing that any one of them will fall short.
Therefore, even Hurricane Building is no exception in this regard. Every time the country introduces a new real estate policy, the senior managers of Hurricane Building must hold meetings to carefully study the development and adjustment issues, and cannot make themselves uncomfortable.
Otherwise, if you make the country uncomfortable, the country will let you know why the flowers are so red.
“So far, according to the provisions of Article 6 of the New China, our company has made corresponding improvements and stopped some violations of the new regulations, and we have also tried our best to avoid skirting around the new regulations.
After the adjustment, because our previous operations were very standardized, there were no problems with accounts, taxes, and project advancement. Therefore, Article 6 of the National Regulations has little impact on hurricane construction.
The biggest issue now is about the construction and leasing of low-rent housing. Hurricane Architecture pursues large-scale urban complexes, plazas, office buildings and high-end residential schemes.
It has never been involved in the low- to mid-range real estate market before. Recently, when launching new projects, some local governments have put forward the requirement that some projects be linked to the construction and leasing of local low-rent housing. This is a problem that has never been encountered before. "
Zhao Yu briefly and clearly explained the problems currently encountered by hurricane buildings under the new regulations.
The conference room fell into silence for a moment.
"Let's talk about it. Do you have any opinions on how to proceed with low-rent housing?" Yang Dongxu broke the calm.
"Why don't we do this." Wang Qing pushed up his glasses, "To put it bluntly, the construction and leasing of low-rent housing are actually the requirements of the local government.
The purpose is to solve the housing problems of migrant workers in some cities and local poor households. This is what the government has to do, if the project needs to contribute to local residents.
We can participate in the construction of low-rent housing in the name of investment. For example, we only provide investment funds and do not specifically promote the project.
This not only responds to the new real estate control policies introduced by the country, but also agrees with the requirements of the local government. At the same time, it will not affect the implementation of our company's specific projects. "
"I agree with Manager Wang. We have not dealt with the issue of low- and mid-end housing. As for high-end housing, whether it is the design of the house, the layout of the community, greening and other facilities, these cannot be transferred to low-rent housing.
After all, if you design and build low-rent housing better than high-end residential areas, this will definitely create public opinion. However, tight greening is used to build communities to accommodate as many residents as possible at the expense of freedom and comfort.
This goes against the purpose of Hurricane Architecture, which has always been to put customer living experience as the biggest goal. Therefore, investment should make a contribution that the company should make, and it is enough to supervise the use of funds invested in low-rent housing.
Specific projects are left to the local government to promote, and after completion, the distribution of low-rent housing is like poverty alleviation. This government is definitely better at what we do.
Otherwise, when the house is built and divided, who will be allocated it or not will need to check with the government, right? Since this work must be done by the government, then we don’t have to worry about two things, and we don’t have to worry too much here. Zhou Huaiguo said.
The senior executives of other companies also nodded one after another, thinking that it would be enough to supervise the use of their own investment funds. Leave other tasks to the government.
As long as Hurricane Construction responds to the policy and completes a certain proportion of low-rent housing construction, there is no need to go into too much detail.
"That's it. The Finance Department has been a little busy recently. When the project department and the local government are in contact, this batch of special funds will be approved as quickly as possible.
However, although the specific construction and subsequent distribution are not concerned, company supervision, project quality, and subsequent issues of low-rent housing need to be made clear.
When we invest in the construction of low-rent housing, we relieve the housing pressure on local governments and spend money to ask them to build and design low-rent housing. It doesn't mean that once the money is invested, the house belongs to them. We can't even get a reputation. Zhao Yu, you will do the relevant work yourself. "
"Okay, I will follow up personally." Zhao Yu nodded.
With the development of the Internet, there are more and more trolls in reality. For example, when the National Sixth Regulations came out, if the real estate company did not carry out the low-rent housing project after a while, it would definitely be criticized by the public.
Although these criticisms do not affect some real estate tycoons, others do not care about reputation. Hurricane Construction is very concerned.
After all, the golden signboard has been established and has been distinguished from those coquettish and slutty women. How could it be possible to destroy the Great Wall and tarnish this golden signboard.
So since it has decided to spend money to do this project, it must be done well. It is not possible to spend money and not be appreciated in the end.
Even if it is to buy a reputation, when other real estate companies boast that they have built so many low-rent houses and are such conscientious companies.
Hurricane Construction must also show corresponding results to prove its social responsibility, right?
"Will the problem of the adjacent project with Changhe Industrial be suspended?" After solving the problem of responding to the policy of low-rent housing, Zhao Yu asked.
The National Sixth Regulations clearly named the problem of some real estate developers hoarding land. In fact, it is not just Changhe Industrial that is hoarding land. Many real estate developers are also hoarding land after seeing the business opportunities here.
Even Hurricane Construction in the past two years was also hoarding land in order to grab land as quickly as possible. Many plots of land were not started until this year.
But unlike Changhe Industrial, which bought land and waited for appreciation, and finally sold it directly to make a profit. Hurricane Construction's plots of land will start construction sooner or later, and there is no problem of making a profit from reselling. So Hurricane Construction is not maliciously hoarding land.
"Keep it going." Yang Dongxu said after a pause.
After the release of the National Sixth Regulations, many real estate developers have actually restrained their eating habits, but others don't know how much Li Chaoren has restrained, but he knows it very well.
Even if some projects are forced to start, judging from the summary of the future investigation of this rich man's investment in mainland real estate. There are policies above and he has countermeasures.
Until the withdrawal from the mainland real estate market, the construction ratio of Changhe Industrial's acquired plots did not exceed 40%.
After all, many of these 40% are delayed and only part of the construction is carried out, and there are no fully completed projects.
It is said that it is difficult to change a person's nature, and Yang Dongxu does not want the richest man in Asia to suddenly change his nature and change his style of doing things.
Zhao Yu nodded, and other company executives had no objections, he just mentioned it. The main concern was Li Chaoren's identity as the president of the Hong Kong Chamber of Commerce.
As for Li Chaoren's business style, if he stripped off the coat of Asia's richest man, he actually didn't like it very much, especially the other party's operation on projects adjacent to Hurricane Construction.
"The last topic is about the release of Hurricane Construction's investment and financial products. The auto insurance business has risen rapidly this year.
Financial investment bonds, after previous negotiations, have specifically come up with financial products - bonds. And it has been connected with Minsheng.
Hurricane Construction is preparing to release 2 billion yuan of bond financial products, which will be redeemed by Hurricane Construction Company as a bottom line for the maturity of the bonds, and Minsheng Bank will sell them on behalf of it.
The annual interest rate is slightly higher than that of five-year treasury bonds. The annual interest rate of five-year treasury bonds is 4.27%, and the five-year interest rate of our company's bonds is 4.3%." Yu Yi finally said.
The issuance of corporate bonds is not complicated. You just need to find a cooperative bank and apply for it with the bank as the guarantee. In fact, it is the company itself that guarantees it. Then the bank will sell it on behalf of you and go through the relevant approval procedures.
The method is a bit similar to private fundraising, but private fundraising is not properly regulated, and people who raise funds often run away with the money.
There is supervision for issuing bonds, and Hurricane Construction has the ability to repay, so there is no possibility of running away, which is equivalent to buying a long-term financial product.
"Does everyone have any opinions on this?" Yang Dongxu asked.
"No opinions." Zhao Yu and others shook their heads.
They had held several meetings to discuss this matter before, and Yu Yi now proposed it more to go through the meeting process.
Yang Dongxu also knew this, so after Zhao Yu and others spoke, he nodded, "Okay, send the documents to my office for signature in a while, and you can confirm the time with the bank for the specific issuance issues."
"Okay." Yu Yi nodded.
"If there's nothing else, then adjourn the meeting. Zhang Cheng, come to my office to report on the real estate investment in Dubai. Zhao Yu, come too, when I come back from Hong Kong.
The other party's business official met with me and made some suggestions on promoting the recovery of Hong Kong's real estate. I'll tell you about it, and you'll follow up on the specifics later. You may have to go on a business trip to Hong Kong in the future."
"That's perfect. My wife wanted me to buy her a bag before. It is said that the brand is only available in Hong Kong and is not sold in the mainland.
If any of you have a wife or girlfriend who needs a bag, call me when the time comes and give me some travel expenses. My agency fee is not high." Zhao Yu said jokingly.
Everyone laughed and walked out of the meeting room.