Rebirth: The Era of Hong Kong Tycoon

Chapter 184 [Dividends]

Evergrande Real Estate.

After Lin Rongheng returned from Japan, the stock of Evergrande Real Estate has been cleared, and now Evergrande Real Estate has a cash flow of 5.5 million Hong Kong dollars lying in its account, which can be described as rich and powerful.

With so much cash lying in the company's account, if it is not used for dividends, at least there must be an excuse; as it happens, Evergrande Real Estate has launched the 'commercial building reconstruction plan', so there is no need to worry about being gossiped by shareholders.

Of course, it's the annual dividend time again, and Evergrande Real Estate's performance is so good, it's unrealistic not to pay dividends at all.

Lin Rongheng asked the Three Musketeers of Evergrande to come to his office to discuss specific plans.

Lin Rongheng said: "Last year, Evergrande Real Estate's performance was very good. It seems that this year we have to get some real money, otherwise it will be bad for the company's reputation!"

The Three Musketeers also knew at this time that the boss wanted Evergrande Real Estate to maintain sufficient cash flow. In addition to coping with the "Commercial Building Reconstruction Plan", they also felt that the market was risky, so the three of them had to keep pace with the boss.

He Rui said: "A dividend of 5 cents per share will be distributed. Evergrande Real Estate will issue a total of 7980 million shares at a cost of 3990 million Hong Kong dollars; plus one bonus share for every five shares, everyone will be happy!"

4000 million Hong Kong dollars, Lin Rongheng is still willing, and the dividend of 5 yuan per share is definitely the most generous real estate company; as for every five shares to give a bonus share, this is also necessary, Evergrande Real Estate does not pay a penny, Lin Rongheng There is no need to dilute the shares of the company, and it can still make the shareholders happy, so why not?
Lin Rongheng nodded and said, "It's possible! Hold a board meeting later, and follow this proposal!"

As a listed company, Evergrande Real Estate will naturally have to discuss dividends at the board of directors, but with Lin Rongheng's prestige, no shareholder on the board of directors dares to challenge his authority.

Then, Lin Rongheng took out a blueprint and said to the three of them: "I've confirmed the blueprint of Li Jing Building, and I'm ready to start the project! The funds required for the project will be mortgaged by Li Jing Building, and a loan of 5000 million Hong Kong dollars will be given to HSBC Bank. Three banks, Hang Seng Bank and Liao Chong Hing Bank, provided loans."

Evergrande Real Estate's "Commercial Building Reconstruction Project" has been officially launched, with a total investment of 8 million Hong Kong dollars. The project will last for 6 years, and a total of 11 high-quality buildings will be rebuilt. After the reconstruction is completed, Evergrande Real Estate will obtain 400 million square feet of commercial buildings.

The Lijing Building is the first building to be rebuilt. After the reconstruction, the new Lijing Building is 32 stories high, and the commercial building area can be 35 square feet, an increase of 27 square feet from the current one; District, where the rent of office buildings is around 4 Hong Kong dollars, and the construction cost can be recovered soon after reconstruction.

The construction period of Li Jing Building is 25 months, and the construction cost is estimated to be about 7000 million Hong Kong dollars. The exterior wall is made of aluminum alloy and blue glass, and the internal facilities are controlled by the most advanced computer. It can be said that it is not the same as the first-class buildings of later generations. too much difference.

Wu Hao nodded excitedly. Li Jing Building was Evergrande's first wholly-owned commercial building project, which was of great significance. After all, Galaxy Center was a joint venture project, and Evergrande Real Estate was not responsible for all the construction.

Zhang Ruohuai asked cautiously: "Boss, there are still so many funds in the company's account, how should we explain it to the shareholders?"

All three looked at Lin Rongheng. Everyone was very curious about the boss's thoughts. It was very unreasonable to put 5.5 million Hong Kong dollars in liquidity and not invest in real estate activities.

In fact, the cash flow of 5.5 million Hong Kong dollars is also the funds that have only been withdrawn recently, and they are not so eager to invest.

Lin Rongheng said with a smile: "I just have a guess. The stock market is hot now. Just like the government is worried, there may be a big crisis in the financial market of Xiangjiang, and the stock market may plummet. And Xiangjiang has a business of 'stocks pulling the ground'. Phenomena, once the stock market collapses, our funds can come in handy, whether it is engaging in real estate activities or buying bottoms in the stock market, it is an option. Of course, we still have to think that these liquidity funds are used for 'commercial buildings' redevelopment plan', and launching new real estate activities."

When the three of them heard the words, they no longer had any doubts in their hearts. If a shareholder asked about it, they would naturally have an explanation.

A commercial building requires an investment of 8000 million Hong Kong dollars. In addition, Evergrande Real Estate needs to increase its land reserve and open new real estate. Naturally, these funds will not be used for dividends.

On February 2, HSBC announced that it would distribute a final dividend of HK$12 per share, and 3.75 bonus share for 5 shares; at the same time, the bank had a resolution to split large shares into small shares—that is, split 1 large share into 1 small shares, Improve the liquidity of stocks.

HSBC's move is adding fuel to the fire-in this way, not only those who hold HSBC's shares will benefit greatly, but the cost (threshold) of buying and selling HSBC's shares will also be greatly reduced.Stimulated by this news, the next day, the speculation in the stock market was obviously more vigorous. The Hang Seng Index rose from 1310 points to 1500 points, a single-day surge of 190 points.

汇丰银行刚刚宣布派息，恒大地产在2月13日晚也宣布：恒大地产每股派息0.5港币每股，及5股送1红股。

Although it is not as generous as HSBC, it is not much worse. The stock price of HSBC is around 280 Hong Kong dollars, and the stock price of Evergrande Real Estate is only 66 Hong Kong dollars per share.

As for the real estate company that is willing to pay 4000 million Hong Kong dollars in dividends, I am afraid that only Evergrande Real Estate is the only one. Even Landmark is not so generous. 4000 million Hong Kong dollars is equivalent to the annual net profit of Li Chaoren's Cheung Kong Industries, which is equivalent to two-thirds of the annual net profit of Sun Hung Kai.For the sake of development, the real estate company basically pays two tycoons a penny, never more than three tycoons.

The move of Evergrande Real Estate has established a reputation for excellent reputation and good development prospects in one fell swoop.

Lin Rongheng came to his Yonghui Supermarket to experience shopping. This supermarket covers an area of ​​only 500 square meters, which can only be regarded as a small supermarket. It is located near the residential area of ​​Yau Ma Tei.

In the previous life, the characteristic of Xiangjiang Supermarket was that it had many outlets, so it was not necessary to drive to shop like in Europe and the United States, so as to make up for the lack of a parking lot; therefore, Lin Rongheng naturally would not instruct his subordinates to open a large supermarket specially.

Zhang Jie and other high-level executives accompanied Lin Rongheng to experience the shopping experience, and found that Lin Rongheng's expression was a little uneasy, so he asked cautiously: "Boss, is there any problem?"

Lin Rongheng said seriously: "In terms of purchase channels, especially in the channels for overseas products, it seems that we are still very inadequate! I compared our supermarket goods with those of Wellcome Supermarket, not to mention imported goods. There are fewer categories, it is the same imported goods, it seems that our pricing is more expensive."

Zhang Jie nodded and said, "That's true, but we've been aggressively recruiting professionals in the trade and retail fields recently, and we're trying to solve the channel problem for imported goods this year."

Lin Rongheng said with satisfaction: "An important factor in the retail field is the channel. You need to strengthen your strength in this area. I will inject 1000 million Hong Kong dollars recently to increase the strength and speed of the company's store opening. It is also convenient for us to use the quantity of purchases to negotiate products. s price."

(End of this chapter)