Chapter 386 Nothing but Shock!

Xu Jige continued to introduce: "There is also Mr. Jiang, the vice president of China of G Company, a Fortune 500 American company. He was sent from Singapore by the headquarters to work in Shanghai at the beginning of this year..."

Li Xiaofan stood up and greeted: "Hi, Mr. Chen, Mr. Liao, and Mr. Jiang. Hello, I've heard of you for a long time. I'm glad to meet you all today!"

Then, Xu Jige introduced Chen Fengkun, Mr. Liao, Mr. Jiang and other CEOs:

"My boss, this is the famous Li Xiaofan and Director Li from Yifan Holdings in Singapore. Director Li is an angel investor of Yahoo in the United States and a current director of Yahoo. He is also the founder of Pacific Online Bookstore invested by our group. Director Li's This Pacific Online Bookstore will be listed on the NASDAQ in the United States in the third quarter. The main underwriter is the famous American company Morgan Stanley. After the IPO of this online bookstore project, I estimate that Director Li’s net worth will be more than 200 million US dollars. More than doubled!”

When Xu Jige introduced Li Xiaofan after saying these words, Nana and the others at the next table were shocked:

Oh, this young fellow from Yanzi is an investor and director of the famous American Internet giant Yahoo? Real or fake?

Oh shit, he is worth more than 200 million U.S. dollars and more than 1 billion yuan! Real or fake?

If it were doubled again, it would be more than 3 billion yuan, which is simply an astronomical figure! Real or fake?

A young man from rural Mingzhou who looks to be about the same age as them is worth more than one billion yuan? Real or fake?

Are these people in front of me acting or bragging collectively? Are they real or fake?

…

At this time, one of the boys who came with them whispered: "I'm going, this is Mr. Liao, the big boss of CapitaLand where I work. Why is he here today!"

After finishing speaking, he stood up respectfully, greeted his boss Mr. Liao warmly with a smile on his face: "Hello, Mr. Liao!"

Almost at the same time, the girl named Fei'er also stood up awkwardly, put on a smile and greeted Mr. Jiang: "Mr. Jiang, good evening!"

It turns out that Mr. Jiang is the head of the Chinese region of the American company G where Fei'er works. In terms of level, he is her boss's boss's boss...with an N-level difference in the middle. Company G is so big that a rookie at her level would never have the chance to communicate with Mr. Jiang.

In G Company, she knew Mr. Jiang, but Mr. Jiang did not know her.

Mr. Liao from CapitaLand knew the boy, so he responded with two words "Hello!" and then continued chatting with Li Xiaofan and the others.

And that Mr. Jiang didn't know Fei'er at all, he just felt a little familiar because G Company was so big. He glanced at Fei'er, nodded his head as a greeting, then turned around and handed Li Xiaofan his business card:

"Director Li, I've heard of you for a long time. This is my business card. I'm glad to meet you. We'll have more opportunities to communicate with you in the future!"

Now, this is the time for the big bosses to communicate, and they have no intention of paying attention to newcomers like Fei'er and Nana who have just entered the workplace.

The humble attitude of the two big bosses when they saw Li Xiaofan shocked the newbies like Fei'er and Nana next to them: It seems that this Li Xiaofan is really not a mortal!

"Director Li, I would like to introduce to you Mr. Chen of Singapore International Yuanli Group. Three years ago, he had the unique vision to buy the 50-year right to use Shanghai Sun Island for US$10 million. He is currently spending huge sums of money on it. Build an 18-hole standard golf course and high-end resort project on Sun Island..."

Singapore's Chenjiazhuang is a legendary family, with five generations living under the same roof, a century-old family business, starting from pig raising to a multinational enterprise with diversified industries... Li Xiaofan is very familiar with the story of this family.

Chen Fengkun of Singapore Yuanli Group is the second generation successor of his family. His family was once the largest pig farmer in Singapore. But by 1984, after the urbanization of Singapore, the highly polluting pig industry was completely eliminated in Singapore. The family then transitioned into operating supermarkets and expanded into other industries overseas. In 1987, he went to Malaysia to buy a large piece of land and run a tropical orchid garden. Later, his export volume ranked second in the world. In 1993, it purchased the use rights of Shanghai Sun Island to develop golf clubs and resorts. Later, he invested US$100 million in Chongming County, 90 kilometers away from Sun Island at the mouth of the Yangtze River, to establish a 20,000-acre pig farm...

"CapitaLand, Director Li, you should have heard of it, right? It is one of the largest real estate development companies in Asia, and its major shareholder is Singapore's famous Temasek Holdings..." Xu Jige introduced.

The current CapitaLand Singapore was later CapitaLand Singapore, which was later renamed CapitaLand Corporation in January 2013.

Two years ago, CapitaLand developed their first commercial office project in Shanghai: Baiteng Building.

Later, in 2005, Baton Tower was transferred to Goldman Sachs Group by CapitaLand for US$107.6 million. Two years later, Goldman Sachs sold it for US$150 million, making a profit of 40%. The building, which was renamed Gao Teng Building in 2010, was sold to Singapore's Ascendas Group for RMB 13 and renamed Ascendas Puhui Building. In 2013, Gaw Capital Partners, a private equity fund owned by the second-generation Hong Kong rich man Wu Jiwei, acquired Ascendas Puhui Building from Ascendas China Commercial Real Estate Fund for approximately RMB 1.67 billion. In December 2017, the fund initiated by World Union Bank acquired this project for 2.66 billion yuan...

Looking at the Baiteng Building project, it is a historical microcosm of foreign giants' domestic real estate speculation.

CapitaLand may be the most profitable company in mainland China among all Singaporean companies. Singapore's largest real estate company has been deeply involved in the real estate industry in mainland China for more than 20 years and has made a lot of money. In 2019, the company's net profit reached an astonishing 10.4 billion yuan, of which the Chinese business contributed the vast majority of profits.

Cade's story is also familiar to Li Xiaofan. Now is not the best time to invest in real estate. When the time comes, he will have to take action. The huge profits earned in the future can be invested in high-tech industries and overseas acquisitions of stuck technologies and projects...

Li Xiaofan smiled and said: "I know, someone from Temasek Holdings called my secretary yesterday and asked me to have a meeting when I return to Singapore next week..."

Mr. Liao raised his thumb and said, "Mr. Li, you are so famous now that even our Temasek Holdings came to you. It's really amazing!"

After chatting for a while, Xu Jige asked Li Xiaofan for his opinion: "Director Li, tomorrow is Saturday's rest time. What are your plans for tomorrow morning? If we are free, let's go to the Shanghai International Golf and Country Club in Dianshan Lake to play a round of golf together. How about it? Mr. Chen from Yuanli Group and other bosses are very interested in asking you about the venture capital fund you recently established..."

Li Xiaofan thought for a moment and said, "I will have some time tomorrow morning. I have booked a flight back to Singapore in the afternoon."

"Half a day is enough to play a game. Mr. Li, let's make an agreement. Let's go to Dianshan Lake to play together tomorrow morning!"

…

After standing and chatting for a while, Xu Jige and the others saw that the small round table where Li Xiaofan and Yang Feiyan were sitting was too small, so they finally called Li Xiaofan to drink at their long table on the second floor.

Because Yang Feiyan was not familiar with these Singaporeans and did not want to go up and drink with them, she did not follow them and stayed alone.

Soon, Fei'er, Nana and others, who were slowly calming down from the shock, surrounded Yang Feiyan.