Chapter 230 Personal wealth of 3.4 billion yuan, comprehensive development
In autumn in Shencheng, the breeze is blowing and the sky is blue.
On both sides of the road, the trees gradually turned yellow and green, like a colorful picture.
Fang Bai was sitting on the Daben. The air conditioner in the car had been turned off. He focused his eyes on the group of bicycles on both sides of the road. Bells were ringing incessantly and there were passers-by wearing cotton. At the same time, he listened to the big man's report. Work.
Fortunately, the car windows were tight and the sound outside the windows could not be squeezed into the car. Fang Bai could still hear clearly what the big man said.
"Boss, the villa in Yu Garden has been cleaned and you can move in in a few days.
Yanjia Garden is still a bit old and needs to be renovated, but it is just close to Jiaotong University.
If you ask me, you still have to build a large villa in Pudong New Area quickly to suit your current status. I don’t know how well the villas in your hometown are being built. "Wang Dakai, who was sitting in the passenger seat, was chattering with some interest. His monthly salary has now increased to one thousand yuan, and he is currently in a relationship with his high school classmate Zhang Xiaoai.
Zhang Xiaoai was studying in junior college in Shanghai, and Fang Bai was a little confused as to why the big guy fell in love with this hot-eyed Yoko. The two often quarreled when they were studying again.
Zhang Xiaoai can't be said to be pretty, with a pair of almond-shaped eyes under her curved eyebrows and a small cherry mouth that looks much smaller under her big round face. She's a bit spicy and silly.
He is a nice person, but he speaks sharply.
Fang Bai asked Wang Dakai to help him find a villa. Yanjia Garden was built in 1920 and covers an area of 8.5 acres. It is very close to Jiaotong University, but far away from Xinghai Group. This villa is expensive because of the land. The house is worthless and cost 14 million yuan.
Nowadays, land in XH area is not cheap, it is no less than 1.5 million yuan per acre, and the price is rising very fast.
Fang Bai's land expropriation in the core area of Xuhui is about to be completed according to city leaders. The price of the land purchased from the government is two million yuan per acre, and one hundred acres of land is 200 million yuan.
Originally, Fang Bai planned to demolish Yan's Garden and build a new one, but considering that the villa had quite a history, he could just pay someone to repair it. It would be worth a billion yuan in twenty years, which was actually just selling the land.
There are many famous historical buildings in Shanghai. It would be a pity if they were all demolished. Fang Bai plans to preserve them for future generations to see. It is not just a villa, but represents an era.
The current reconstruction policy is not strict. When the policy is implemented, we will not be able to demolish and build new buildings casually.
Fang Bai didn't plan to live there, so he bought a villa closer to Yu Garden, which was smaller in area and covered an area of more than an acre, for a temporary transition.
He now has five residences in Shanghai, and Fang Bai asked Wang Dakai to look at them for him and buy them if they were suitable.
Dakai makes sense. A large villa should be built in Pudong New Area to suit his status.
He previously purchased 200 acres of commercial land in Shaxian County, which is located in the future Thumb Square and north of Century Plaza. There has been no construction. There is currently no investment plan for these two hundred acres of land, and we will wait until 1995.
If you want to build a villa area, it will be good near the east side of the Dongjiao Hotel in the future. There will be many villa areas nearby in the future, such as Tomson Golf Villa, Dongjiao Garden, Yu Cuiyuan, and the top villa area Huazhou Junting. The villa area is only a few kilometers away from Xinghai Group.
Fang Bai plans to move Xinghai Group's polluting factories to other places, leaving only high-tech laboratories and non-polluting factories.
He feels that the current two thousand acres of land is still a bit small and is not enough for future layout. He plans to communicate with the city leaders at the end of the year to see how much more land can be purchased. The factory area will be extended to the south every year and he will find a way to build Xinghai Group. of 10,000 acres of industrial park.
Xinghai Group is only four kilometers away from Xinghai Tower in Lujiazui and about the same distance from its own villa area. It is very convenient to work in Fangbai and Baidu.
Of course, if you are not used to living in a villa area, you can also live in Xinghai Tower.
"You think you can buy land at will if you have money. There are land development restrictions in Pudong New Area every year, unless there is a good project." Fang Bai rolled his eyes at the big man. Although he was still looking at the scenery outside the window with his glasses, his eyes were distracted and his thoughts were also distracted. Distribute freely.
"Boss, your project is a good project. The leaders of the Wencheng government will kneel down and beg you to invest. I think it will work in Shanghai."
"Just say what you said here, don't say it out loud."
"Don't worry, I still know this, hehe." The big man turned to Fang Bai with a sly smile.
After following him for two years, his skin is no longer as dark as before, but he often exercises and his muscles are taut, looking more like a muscular strong man.
Passers-by and company employees were afraid of him when they saw his appearance. Just like at an exhibition, when he stood in front of the backstage, the audience did not dare to approach Fang Bai.
Fang Bai withdrew his gaze, leaned back on the chair and closed his eyes to rest.
After Goldfinger was upgraded last night, he had more expectations for the future.
On the virtual screen, his personal wealth has reached 3.4 billion yuan, and nearly one billion yuan was earned from selling VCDs.
Chouguo's stocks have not been liquidated, and Goldfinger is not included.
Xinghai Real Estate Company started selling its third residential community in early March this year and its fourth residential community in July this year, which also added a lot of wealth to Fang Bai.
The design of the villa area asked by the big man was finalized in May and is currently under construction. The model building is being built at the fastest speed and has begun to enter the decoration stage.
Money is made quickly, but Xinghai Group also owes a lot of debt. It currently owes a total of 3.7 billion yuan to banks!
The annual bank interest is 400 million!
Fang Bai has already repaid those bank loans due in two years.
The banks saw that he was making money quickly, and the more they wanted to lend him money.
When something bad happens to him, it will add insult to injury, and he will definitely come to collect debts.
It seems that the loan amount is large, but the debt ratio is not high. The loan amount in Wencheng and Shanghai is limited. Otherwise, Fang Bai will continue to borrow money and hoard land first.
It's not that the bank doesn't want to give him a loan, but it doesn't have much savings to give him a loan.
Take Wencheng, whose GDP last year was just over 10 billion, and it was given a loan of 2 billion yuan at the beginning of the year. What is the concept?
Many of them are new national banknotes, and a large part are savings of local residents.
Two billion yuan is spread evenly among the millions of people in Wencheng, and the per capita income is several hundred yuan. This is not a small amount.
Turning off the virtual screen, Fang Bai had some idea of his wealth.
He would occasionally miss the era of roaring cars and hustle and bustle of the city, lying on the bedside playing with his mobile phone and watching short videos, which occasionally made him feel a little sad.
Of course, it was a painful and desolate time for him, and now he tries not to recall the past.
But Fang Bai is a nostalgic person. He misses his daughter very much. There are some things that he cannot forget, and there are some debts that must be settled, which have always been buried in his heart.
"Boss, we're here."
The big man's shout brought Fang Bai's thoughts back to reality.
When Fang Bai saw the car door open, he straightened his collar and got out of the car. Four bodyguards from the car behind gathered around and took Fang Bai into the exhibition center.
It was already past nine o'clock in the morning, and visitors were pouring into the exhibition.
Fang Bai entered through the exhibitor aisle and signaled the exhibitors to hang their badges on their necks so they didn't have to queue. The staff also recognized him, and with a professional smile on their faces, they signaled him to come in without checking his identity.
On the third day of the exhibition, the harvest was not as good as the second day.
In the next few days, the harvest was not as great as the previous two days. Every day there were tens of millions of yuan in orders, and on the last day there were only more than 20 million yuan.
In seven days, Xinghai Group won a total of about 500 million yuan in orders, including export orders worth about 30 million US dollars.
On the last day, Fang Bai was not at his own booth, but visited the machinery booth.
He wanted to purchase equipment for the company. Whenever he visited a booth, the exhibitors were very enthusiastic and tried their best to get to know him.
There are also many foreign equipment exhibitors at the Shanghai International Industrial Exhibition.
At the end of the day, Fang Bai purchased a lot of equipment and spent tens of millions of yuan. He gained more than 20 connections this day.
At present, the number of his connections has reached 375. If he wants to upgrade, he will need 640, which is unlikely to be possible within a year.
On the second day after the exhibition, Fang Bai went to the Shanghai Government Compound to sign a land agreement.
Land acquisition for XH District and HP District Xinghai Plaza has been completed, covering an area of about 200 acres, and the land cost is about 600 million yuan. Among them, the land in HP District is the most expensive, costing 400 million yuan, which is much higher than he expected.
It’s just that it’s too difficult to acquire land, and it took several months to get it done. If the real estate industry explodes, it won’t be a matter of money at all. Otherwise, it will be too expensive for Fang Bai to accept, and the investment will not be worthwhile.
The shopping mall in the HP area is located in and around the future Shanghai New World Daimaru Department Store. It is specifically located at the intersection of the eastern section of Njing Road Pedestrian Street and H Nanzhong Road. It is adjacent to the Bund and has a unique geographical location, which is the core business district of the Bund.
The future Shanghai New World Daimaru Department Store occupies only 30 acres of land. It was later opened in 2015 after land acquisition.
The further we go, the harder it becomes to acquire land. 30 acres of land is too small.
Wanda in later generations wanted to build a Wanda Plaza on the Bund, but they couldn't get the land or expropriate it, so they could only expropriate land far away from the current urban area.
Now Fang Bai is paying a lot of money to acquire land, and the local government has indeed spent a lot of effort to acquire 100 acres of land nearby.
Although it is relatively close to Xinghai Square in Lujiazui, it is still different.
The Bund has a large flow of people, and the positioning of the two shopping malls is also somewhat different.
Lujiazui is located in the financial and commercial district with high consumption levels. The future Xinghai Plaza will be positioned as a high-end area and ordinary brands will not be able to enter it.
Xinghai Plaza on J East Road, South of the Bund, is mainly aimed at nearby residents and tourists, and is positioned as a mid-range building. International luxury brands will not be placed here.
XH District Xinghai Plaza is located on the south side of Jiaotong University, the future Ganghui Plaza, and the intersection of three subways.
It just so happened that Xinghai Group currently had money and paid the money in one lump sum.
After obtaining the land, we started to go through the construction procedures. We first built the Xinghai Plaza in HP District and strived to put it into use in mid-1995.
Xinghai Square covers an area of 100 acres. It does not mean that the building covers an area of 100 acres, but when the public land is included, it is very large.
It covers a wide range of property types such as shopping malls, urban commercial pedestrian streets, five-star hotels, 5A Grade A office buildings, and urban finely decorated SOHOs.
The annual profit rate for investing in a hotel is relatively low, usually between 10% and 20%, and the better the location, the higher.
Fang Bai does not plan to build a hotel, but after it is built, it can be sold at a premium or used as a mortgage loan.
Shopping malls generally have six floors, plus two underground parking garages, with a construction area of about 250,000 square meters, which is a very large area.
The total property construction area of the entire Xinghai Plaza is about 500,000 square meters. Excluding land costs, it requires an investment of at least 700 million yuan, with a budget of 1 billion yuan. The decoration cost accounts for the majority, and it depends on how it is decorated. Anyway, decoration is a bottomless pit.
Wencheng Xinghai Plaza invested 200 million yuan, but there was no expensive hotel to decorate. Moreover, steel was cheaper back then, and labor costs were lower in Wencheng.
If put twenty years later, the construction cost of the main building and decoration of the same area will be estimated to be 3 billion yuan, but the construction cost is very cheap compared to the land cost in the core commercial area.
For example, the later Wanda Plaza in Jincheng, Zhejiang Province has a total construction area of 500,000 square meters. It was built in 2014 with a total investment of 4.8 billion yuan. In addition to the land cost, the construction cost and decoration cost are 3 billion yuan.
Today, the two Xinghai Plazas have a total construction area of 1 million square meters. Including the land, the investment budget is 2.5 billion yuan.
But Fang Bai felt that the 2.5 billion yuan at this time was more valuable than the 20 billion yuan twenty years later.
Fang Bai plans to invest in shopping malls first, and then invest in hotels, office buildings and commercial residences later.
The land is for commercial use, and Fang Bai cannot use it for ordinary residential use.
Now that the group has money to invest, Fang Bai signed the agreement and discussed the construction with his parents at night.
The construction company is very busy. It is currently working on three real estate projects and one commercial building, one villa area and two residential areas. The second phase of Wencheng Xinghai Plaza has entered the renovation stage and will start attracting investment at the end of the year, striving to open before the Spring Festival.
In addition, there are five small construction teams that have been responsible for the construction and decoration of Hualian Supermarket. Five branches are under construction at the same time, with a total number of 100 people, and it is impossible to draw personnel.
The construction company has no bridge construction qualifications or experience. The bridge construction is handled by state-owned enterprises. Construction started in March this year and is expected to be opened to traffic by the end of next year.
Currently, Xinghai Construction Company has more than 4,000 employees.
These more than 4,000 people may seem like a lot, but if you take on a Xinghai Plaza project with a total construction area of 500,000 square meters, the construction period requires two years, and at least 2,000 people will be required to enter the site at peak times. Moreover, it is fully equipped with advanced equipment and materials. , with sufficient funds.
Of course, currently only shopping malls need to be built. Each shopping mall has a construction area of about 250,000 square meters and a peak attendance of 1,000 construction workers.
Xinghai Construction Company has been recruiting people like crazy, but it’s not that easy.
Now, Fang Bai requires the two shopping malls to start construction at the same time, and the company cannot spare so many people, so it has to recruit people and invite bids at the same time, allocating part of the project to outside construction companies.
On the morning of August 30, Fang Shi convened a high-level meeting of the construction company.
"There are two Xinghai Plazas in Shanghai, with a total construction area of one million square meters. Currently, only shopping malls are being built, with a total construction area of 500,000 square meters, including a two-story underground garage, including decoration, and the construction period is one and a half years. Director Fang requested that a thousand people be sent to Shanghai to start construction. If not enough, some projects would be separately invited to bid.
There are many projects there, and the company team needs to constantly improve their technical level, and everyone needs to learn. "
Fang Bai's father also knows how to get rid of troubles, which gives him a headache to find a solution. Three large construction sites are under construction in Europe and North, and the original project still has some finishing work that needs to be sent out. Last night, his son called him and he Just hearing about the one million square meter project makes my scalp numb.
The four senior executives heard this and their eyes widened.
Lu Dahai took a deep breath and said in surprise: "Oh my God, the little boss is really good at doing things. If he takes away all the employees of the Wencheng Company for one million square meters, it will take two years to complete it."
"The big boss said it is currently 500,000 square meters, but the construction period requested by the small boss is too short, even two years." Lin Ping, the company's chief engineer and vice president of technology, reminded him, rubbing his temples.
This is a good thing for construction companies, but the company's expansion speed cannot match the speed of the small bosses.
Due to the small scale of the construction company, the factory had to be outsourced.
The requirements of the small boss are efficiency, and the quality cannot be bad, which is very demanding.
They all know something about the group. VCD sales are hot and it is currently the most profitable company in the group. However, their construction company earns hard-earned money, and the money is not much.
Of course, for other construction companies, they can get paid quickly by working for their own company, and they also owe a lot of equipment debt to the machinery company.
"Then what else can we do? Let's move on and hire people quickly." Song Ji, a small shareholder, said with a smile and took out a cigarette to smoke.
"Old Song, you make it easy. Our villa project has a total of 300,000 square meters. Currently, there are still 400,000 square meters of residential projects under development. Thousands of people work overtime every day, and a thousand people are removed. Some projects have to be suspended. ." Lu Dahai rolled his eyes, a little annoyed, and took out a cigarette to smoke.
Fang Shi was silent for a while, and then decided to say: "Deploy some people from each project, and add new personnel to the detached team. Don't always recruit from your hometown. The speed is too slow. If you can attract the construction team, it can be of.
The project in Shencheng is very important. There is a piece of gold and a piece of soil there, but it was put into use half a year later, resulting in a lot of losses.
Now we have to arrange for a project vice president to come to Shanghai to take charge of the project. Which of the three of you is willing to go? "
Everyone was worried after hearing what the big boss said, but the Shencheng project is indeed urgent, which is also a good thing.
The three of them discussed it and decided to draw lots. In the end, Lu Dahai went to Shencheng. (End of chapter)