God-level Trader of Rebirth
Chapter 474: Currency Release
"Lao Xu, if you want to ask me for anything, just tell me directly. Are you having financial problems?"
Chen Jie was not an ordinary person. He could tell at a glance that something was wrong with Xu Jiayin's state today, and he frequently poured him tea, so he guessed that it was probably related to money.
After all, he also had relatives who would come to Huanan City to borrow money from him from time to time. Their appearance was no different from that of Lao Xu now.
"Hey, Brother Chen still understands me."
Xu Jiayin smiled sheepishly, with a somewhat bitter expression: "This year's financial crisis, banks are tightening lending, and we at Evergrande have also been affected. Coupled with the failure of the IPO, we have some cash flow problems."
"So, I thought of you, Brother Chen, and I hope you can help me. When we get through this crisis, I, Xu Jiayin, will guarantee with my personality that the interest and principal will be returned on time!"
As he said that, he risked his life, hunched over and moved to Chen Jie, half-knelt down with a plop, and held Chen Jie's hand tightly, as if if you don't help me, I won't get up.
"Lao Xu, what are you doing? Get up! I'm going to be angry if you keep doing this. With our relationship, how can I not help you if something happens?"
Chen Jie was startled. He didn't expect Lao Xu to be so anxious, so he quickly helped him up.
He has known Xu Jiayin for several years. Although the two have not cooperated much, they still have some friendship, and he appreciates Xu Jiayin's talents in the real estate industry very much.
It is not easy to start from scratch and get to where we are today.
Not to mention that both parties are large private enterprises in the Pearl River Delta region, so they should support each other.
Therefore, he thought for a moment and said simply: "How much money do you need? Let me see if there is any in the company's account. If there is, I will have the finance company transfer it to you immediately. If not, we can think of another way."
Xu Jiayin was greatly moved when he saw this, and secretly thought that he had come to the right place.
Although after joining the WTO, China's economic level has grown rapidly, and various business celebrities and new wealth-making forces have emerged one after another.
But even so, looking at the entire South China region and even the country, there are still only a handful of rich people with hundreds of millions in cash flow, and among them, Chen Jie is definitely one of them.
He knows very well that in this financial turmoil, a real estate company of the size of Evergrande has financial problems. If it cannot survive, it is likely to go bankrupt.
But if someone is willing to give him a hand, it will be a different story.
He made an estimate in his mind and said with some lack of confidence: "It will take about 30 billion to solve the funding problems of several of our projects."
"That's it?"
Chen Jie breathed a sigh of relief.
If it's only a few billion, he doesn't even need to go through Infinity Head Office, the fund company can get it.
"Yes, as long as we can restart several of our projects in Fangcun and solve the recent bank loan problems, we should be able to turn around in the future."
Xu Jiayin said this, but in fact he was still a little uneasy inside.
Cash flow is the blood of real estate enterprises and a necessary condition for enterprises to maintain normal operation and development.
Evergrande's current debt ratio is very high. Three billion can indeed solve his immediate needs, but if the subsequent bank policies still do not relax, he will still face the problem of financial constraints.
At that time, I'm afraid I'll have to find someone to borrow money again to fill the hole.
Fortunately.
At this moment, Chen Jie seemed to have read through his mind. He frowned and said, "Old Xu, I'm afraid three billion is not enough, right? In addition to revitalizing a few projects, do you still have money to acquire land?"
"I have also seen the properties of Poly, China Merchants, and China Overseas, these central and state-owned developers. To be honest, the quality is not as good as yours, let alone the service and business strategies."
"Following this trend, I dare to say that in the next ten years, the real estate industry will definitely be dominated by private housing companies!"
"So, I am willing to spend 50 billion to help Evergrande increase its capital and shareholdings and improve its financial situation. What do you think?"
"Okay! That's great!" Xu Jiayin was overjoyed. He held Chen Jie's hand tightly, shook it up and down a few times, and sighed: "Brother, you don't know, the company's financial problems have caused problems like mine." Yue is so anxious that he can't eat every day. He begs grandpa and sue grandma everywhere, but I have no choice but to find you. If you are not willing to help me today, I will go to Xiangjiang to find Dadi Hui!"
Xu Jiayin said it sincerely. He had lost a lot of weight in the past few months. He was pressed for payment by downstream suppliers almost every day. He had to answer the phone and had to make excuses with smiles.
Even though he looks like a big boss and looks very impressive on the outside, he is still in a miserable state when he is being chased for debts.
"Those people from the Earth Society are all old foxes who eat people without spitting out their bones. How can you go find them?" Chen Jie said with a straight face and intriguingly, "Last time I saw the news, you said you were a "farmer's son." , can’t it be a lie? "
"It's absolutely true!" A trace of embarrassment flashed across Xu Jiayin's face, but he quickly said seriously: "I'm not afraid of your jokes, brother. I come from a rural family. Not only did I farm, I also worked as a mason. My father is still working in his hometown in Zhoukou. I have grown many fruit trees, who dares to say that I am not a farmer’s son?”
"That's fine. I hope you don't forget your original intention and don't create any shoddy projects. Otherwise, if you say you know me when the time comes, I really can't afford to embarrass that person." Chen Jie smiled and joked.
"That won't happen. We at Evergrande attach great importance to word-of-mouth and brand image. If we do this, others will dig up my family's ancestral graves."
Xu Jiayin made a firm promise on the spot.
These days, there are indeed some construction contractors who use inferior building materials and construction methods for personal gain, resulting in the quality of the project not being guaranteed, but this definitely does not include Evergrande.
If the real estate industry wants to develop in the long run, it must pay attention to market reputation in order to attract more customers.
His strategic plan is not just about the present. It is a fool's idea to sacrifice the future for the immediate interests.
Chen Jie nodded, asked Xu Jiayin to sit down again, poured him another cup of tea, leaned on the sofa and said, "Old Xu, there are only two of us here today, and I don't mind revealing some news to you."
"In two months at most, the higher authorities will announce a package of economic stimulus plans to stabilize the momentum of economic development."
"Don't worry about the banks. They will relax their lending policies again soon and even ask you to take out loans."
"Moreover, the scale of this round of fiscal release is absolutely unprecedented. If nothing else, the real estate industry will be the biggest beneficiary. You have to take advantage of it."
Chen Jie spoke in a relaxed tone, as if he was talking about family matters, but Xu Jiayin, who was sitting on the sofa, felt a turmoil in his heart. He was able to build a real estate company as big as Evergrande from scratch. He had contact with countless government and business people, but he had never heard of such a big thing.
There was not even a hint of news from the outside world.
And my younger brother was actually able to know in advance.
This had to remind him of the former "advocate" in South China City behind Infinite Company.
The rocket-like promotion speed has now reached the center and cannot be mentioned casually anymore.
If it were him, it wouldn't be surprising if he could get this news in advance.
"Lao Xu, you are a smart person, you just need to know some things yourself."
"Also, you don't have to worry about the company's listing. I still have some acquaintances on the Hong Kong Stock Exchange who can help your company provide some guidance."
Chen Jie, with the idea of helping people to the end, helped Xu Jiayin solve the whole problem.
The atmosphere in the office instantly became extremely relaxed, and the laughter of the two of them could be heard on the upper and lower floors.
I don’t know how long passed.
Xu Jiayin glanced out the window. It was almost dark. He immediately stood up and said solemnly: "Brother Chen, you helped me too much today. I know you don't like extravagance and waste. I have asked your sister-in-law to do it." There is a table of food, how about you come to my house for dinner today and the two of us have a drink?"
Chen Jie originally wanted to refuse, but after moving his arms, he still couldn't resist the enthusiasm of Lao Xu, a "real estate man", and finally had no choice but to agree.
A few days later, Evergrande Real Estate invested 15% of its shares in Infinity Company and obtained 50 billion yuan in financing.
Since then, Evergrande’s crisis has been alleviated.
After Xu Jiayin solved the liquidity problem, he was not idle. In just over 20 days, he invested a huge amount of 9 billion in coastal areas and acquired urban residential land.
It has become one of the few real estate companies that bucked the trend and expanded in this financial crisis.
November 18, 2008.
After the international financial crisis broke out.
China's economic growth has dropped rapidly, exports have experienced negative growth, and a large number of migrant workers have returned to their hometowns. The economy is facing the risk of a hard landing.
In order to cope with this crisis, the country has launched ten measures to further expand domestic demand and promote stable and rapid economic growth.
Preliminary calculations show that the implementation of these ten major measures will require an investment of approximately 2010 trillion yuan by the end of 4.
It is mainly used for investment in infrastructure construction, people's livelihood projects, post-disaster recovery and reconstruction, technological innovation, energy conservation and emission reduction, and ecological engineering.
Among them, infrastructure construction is a top priority, including the construction of railways, highways, airports, water conservancy, electricity and other projects.
Stimulated by this good news, the Shanghai Composite Index soared by more than 300 points that day, approaching the 4600-point mark, and the stock market ushered in a year-end red envelope market.
Some investors who were trapped at 6124 points have even successfully got out of the trap and made a lot of profits.
Looking around, there are cheers and laughter everywhere.
The National Happiness Index reached its peak this year.
After the news of the package plan was announced, Lin Zeju couldn't help but run to Chen Weidong's office to express his excitement.
"Awei, you are really amazing! It's exactly the same as what you said before!"
"Don't make a fuss about things that are expected. When the economy is bad, there will always be various stimulations. You will get used to it in the future."
Chen Weidong acted very indifferently, because this was like an open-book exam to him, and there was nothing new about it.
However, he still admires the foresight of the higher-ups who are able to launch a 4 trillion stimulus plan in a drastic way.
This is not just a matter of vision, but also courage and determination.
Even if there are many different voices in later generations, so what? Overall, the advantages outweigh the disadvantages.
Every policy has historical limitations. If we look at it with hindsight, nothing is right in history.
Policies should be evaluated based on their effectiveness and current results, and should not be evaluated with the benefit of hindsight.
From the perspective of a reborn person.
This round of quantitative easing has solved most of our current problems.
Since the beginning of this year, we have achieved rapid development in real estate and basically solved the problem of corporate capital liquidity.
A new round of technological revolution, mass entrepreneurship and innovation, nationwide entrepreneurship, and international competitiveness continue to strengthen.
The global proportion and growth rate of GDP continue to increase, national confidence is booming, a new round of childbirth boom, and national consumption are constantly upgrading and iterating.
And many other visions.
Moreover, the problem of overcapacity that many people worried about has not occurred. In fact, rapid economic development has led to insufficient productivity and the cost of raw materials such as steel has soared.
However, what is criticized is that because the effect is so good, the currency continues to drain.
Many people can feel that starting from 2008, one hundred yuan seems to be less durable.
You'll Also Like
-
End of the World: Infinite Legion System Start
Chapter 1845 1 hours ago -
Entertainment: While Yang Mi is still young, I tricked her into investing in me
Chapter 205 7 hours ago -
Pirate: 9 to 5? But I'm a pirate!
Chapter 81 7 hours ago -
Mount and Blade: Summon five outlaws at the start
Chapter 272 7 hours ago -
Flowers, Swords and France
Chapter 1013 1 days ago -
Immortal Cultivation Family: Immortality Begins from Binding to the Family
Chapter 742 1 days ago -
The extraordinary life of a certain American comic
Chapter 200 2 days ago -
American comics: Starting from a copycat arms dealer
Chapter 231 2 days ago -
From the waste of spiritual roots to the practice of asking the devil
Chapter 380 2 days ago -
Trickster Hunter
Chapter 363 2 days ago