Reborn since 2005
Chapter 684 Future Expectations
Chapter 684 Future Expectations
Yan Xin had lunch at Cai's house.
Ai Jing cooked lunch.
This woman's current dream is to become the wife of the chairman of Fengxiang Real Estate Company. Although Cai Qixiang did not relent, she felt that her opportunity had come, and now she regarded herself as the hostess of this villa.
He was in a good mood and looked younger than before, as if he was in his thirties or forties.
It is already very rare for a woman of her age.
Her attitude towards Yan Xin is quite good, because she learned from Cai Qixiang that this young man has more wealth than Cai Qixiang.
She classifies people into three, six or nine grades, and the standard is whether they have money or not.
Yan Xin is a billionaire, so in her eyes he is a superior person and should be treated with respect.
Yan Xin looked down on her appearance a little bit, and thought her dream of becoming the chairman's wife was ridiculous. It was impossible to happen.
But for the sake of looking at Ellie, I can only express politeness and respect as much as possible.
He and Cai Qixiang discussed the development of Fengxiang Group for a long time, but when they had dinner together, Cai Qixiang stopped such topics and turned to charity.
It was obvious that the old man didn't want Ai Jing to hear about the company, and he was somewhat guarded against her.
Yan Xin is not a fool, of course he can understand.
Now Cai Qixiang has a certain interest in charity. Perhaps he listened to Yan Xin and wanted to accumulate virtue for his grandson.
Now he is the president of Fengxiang Charitable Foundation. From last year to this year, he has donated tens of millions on behalf of Fengxiang Group, including cash donations and material donations.
——Many of the donated materials are products produced by Jinxi Group.
These donations gave him a higher social status and he now has the title of a philanthropist.
For every donation project, the foundation will have dedicated people conduct careful investigation to make sure that the donation is really needed and that the donated items are used for those in need.
Over the past year, he has been less involved in the company's affairs and has spent more time on charity.
I have also participated in several school ribbon-cutting ceremonies - all of which were donated by this charitable foundation to Hope School.
Perhaps because of these charitable donations, his mentality has become much calmer.
It was completely different from the violence he had shown when he was fighting for the custody of his grandson.
While eating, he talked to Yan Xin about some things he did during charity activities, how much money he donated and how many people he received.
When he said these things, he also had some proud expressions on his face.
——Although he is not a kind-hearted person and has done a lot of bad things in his life, he can still distinguish between what is good and what is evil.
He also knows how to be happy if he can do good deeds and be loved by others.
Of course, that kind of happiness did not make him happier than the happiness that money brought him.
Doing charity is not completely benevolent. It can even be said that it was not charity in the first place.
It's about giving your company a good reputation.
For Cai Qixiang, he also has the idea of accruing virtue to his grandson.
News about Fengxiang Group's charity work is also reported by the media from time to time. Strictly speaking, the promotional soft articles they put in the media are more than the money donated for charity.
There is no way around this.
If you don't give the media enough money, even if their charitable donations are ten times larger, few people will know except the people who receive the donations.
If you want to promote their positive image, you have to invest money.
Of course, when they chatted, they automatically omitted these contents.
After Ai Jing was no longer around, the two continued to talk about the company's development.
Cai Qixiang has reached a certain age. After his son's death, his fighting spirit dwindled, and the most important thing he cared about became whether his grandson could successfully take over.
He now has less involvement in the company's development.
This is also about letting go of power and allowing the younger generation of the company to take on more responsibilities and gain more authority.
However, he has been working in this industry for so many years and still has rich experience in this industry. In some aspects, no one in the company can replace him.
Although Yan Xin has the bonus of being reborn, he has no say in professional matters.
Only by combining their two wills can Fengxiang Group embark on a path of rapid development.
Yan Xin cares more about Cai Qixiang's thoughts.
At present, more than 80% of the houses that Fengxiang Group has started selling in Pengcheng have been sold.
Years and years ago, the price was raised twice, but it still couldn't stop people from buying it.
In fact, according to Yan Xin's idea, he didn't want to be so popular, so he set the price a little higher than the market price.
The longer the plate is covered, the higher the sales price will be and the more profit will be earned.
When he made this decision, there were still some people in the company who opposed it and thought it was too risky.
Once you build a house, you should sell it quickly and get the profit.
Who knows what housing prices will be like in the future?
Yan Xin was determined to do this, and Cai Qixiang also supported his point of view, so it was passed.
Raising the price also hopes to curb everyone's enthusiasm for buying and make houses sell slower.
But there was nothing we could do. Everyone was very enthusiastic about buying it. Even though the price was raised twice, many people still bought it.
The sales of that plate exceeded 80%, which brought them more than 100% profit.
Nowadays, the price rise is really outrageous.
And they bought it at the lowest point, taking over the mess of a real estate company that was about to go bankrupt, and they took over the land at a price much lower than the market price.
This makes their costs incredibly low.
The profits brought are naturally higher than normal projects.
This profit ratio has already made the company's shareholders quite satisfied.
But Yan Xin thinks it can be higher.
With less than 20% of the remaining houses, Yan Xin's idea is to raise the price again.
It doesn't matter if you can't afford it, just sell it slowly.
In addition to this plate, the company has two other projects that have been capped and are waiting for acceptance by relevant departments.
Once the acceptance is passed, it can be opened for sale.
According to normal procedures, it would only be within half a year.
One of those two projects is in Pengcheng and the other is in Yangcheng.
If they are all sold, according to the current housing prices, it can bring a cash flow of over one billion to the group. When Yan Xin entered Fengxiang Group, the real estate company had not launched new projects for a long time.
At that time, the real estate industry was at a trough. It was precisely because Cai Qixiang listened to Yan Xin's advice and did not invest in new projects that he avoided the capital chain being broken and going bankrupt.
After Yan Xin entered the market forcefully, with more than 2 million in cash and a large number of loans, this gave the real estate company the ability to reinvest in the real estate industry, and then started a new batch of projects.
As the real estate industry recovers, two more golden investors have joined in. They have obtained more and more loans and invested in more and more projects.
Now more than two years have passed, and the first batch of investment projects have begun to bear fruit.
The later the time comes, the more houses they will have for sale.
In a year or two, all the buildings currently under construction will be completed. If those houses are sold, they will bring huge cash flow.
Calculated based on current housing prices, the sales would be between 10 and 20 billion.
Although the cost is not low, the profits are also considerable.
Speaking of this, Cai Qixiang is full of expectations for the future.
At the beginning, many people expressed objections to his introduction of Yan Xin into the company. They felt that the price of the company was too low. He obtained so many shares for more than 200 million, which was too cheap for him.
With two golden thighs on the back, it is even cheaper.
But Cai Qixiang doesn't think so.
At that time, all the projects under construction at Fengxiang Real Estate were unfinished. Without the addition of new funds, where would it be possible to develop those new projects?
Without the participation of those two golden thighs, if you want to develop real estate projects in those super first-tier cities, you are simply asking for a dead end.
And there won’t be that many loans, and there won’t be that many investment opportunities.
Now that housing prices have risen like this, if you calculate the assets of the projects under construction and the money you can allocate to yourself, you will know that your choice is correct.
No one now doubts his original decision.
This is still based on current housing price levels.
If calculated based on the house price estimated by Yan Xin, the profit would be even higher.
——The cost has not changed much. When house prices rise, their profits will rise.
Based on Yan Xin's estimated house prices, if the houses in these projects under construction are sold in two years' time, their profits will be at least 10 to 20 billion.
The amount that falls on him, the major shareholder, is several billion.
And, that’s just counting those homes that are under construction.
They still have some land on hand, but due to financial problems, they haven't had time to develop it, so they are still hoarding it there.
The value of those lands will also increase.
Thinking of this, Cai Qixiang couldn't bear to be excited.
Two years later, he was a billionaire.
That's literally billions.
If the group goes public, it will be easy to increase its net worth several times.
Even if it were doubled ten times, there would be nothing unusual about it.
That is the top rich man in the country.
The company's listing has already begun.
With luck, it could be on the market within two or three years.
As long as the performance report is eye-catching, the stock price will not go too low.
It is even more unimaginable how much wealth Yan Xin would have at that time.
Cai Qixiang has a certain understanding of some of the industries that Yan Xin currently owns. Although it is an industry that he does not know much about, he knows that Yan Xin has achieved a leading position in such industries.
If there is big development in that industry, his future as a boss will not be bad.
Apart from anything else, he knew that many people in this company were using Shiyu Takeout, and they quite liked using it.
He had watched live broadcasts and stuff, but he didn't understand much, and he didn't know if it had a future.
However, we know that in the live broadcast industry, Starlight Live is the largest platform. It is still in a state of no competitors, leading by a gap.
He asked Yan Xin about his expectations for the live broadcast industry. Yan Xin did not exaggerate, but said more implicitly:
"It's not popular yet, but I think in the 4G era, this industry will usher in a period of rapid development, and there may be hundreds of millions of users by then."
We have just entered the 3G era, and even the 3G network has not yet been fully rolled out.
Yan Xin was already talking about the 4G era, which made Cai Qixiang feel that this young man was looking too far.
However, the judgment of hundreds of millions of users made him very excited.
He doesn’t know much about the Internet, but he also knows that with hundreds of millions of users, what can’t be done to make money?
In this industry, Yan Xin has no competitors. Doesn't that mean that hundreds of millions of users will become his users?
So he smiled and asked: "Is your live broadcast company still short of money now?"
Yan Xin was stunned for a moment, knowing that he wanted to invest in this project.
It sounds a little unbelievable that an old man who is about to retire wants to invest in a live broadcast platform.
He did not refuse, but he also did not agree. He just smiled and said: "There is no big move now, and there is no shortage of money. In two or three years, there may be a big move, and then a large amount of money will be needed. Uncle, you If you want to invest, you are welcome to join us in two or three years.”
Now Cai Qixiang can't spare much money to invest, even 10 million is enough.
For Starlight Live, it doesn’t make much sense.
But two or three years later, either Fengxiang Group will be listed or it will pay dividends.
At that time, if we take out the money to invest, it will be no problem if we invest several billions.
If we can invest more funds, we can seize market share earlier and occupy more market share, which is of course a good thing.
He can refuse other people's investment, but he will not refuse Cai Qixiang's investment.
——Didn’t the final profit still fall on his son?
He also explained to Cai Qixiang in detail why he doesn't want to make any big moves now.
The main reason is that the current network construction is not good, and the upper limit is there. If you make too big a move, the promotion effect will not be strong, and it will just be a waste of money.
It is better to work slowly and intensively in this industry, accumulate more experience, and wait for the advent of the 4G era, and then suddenly launch efforts to occupy this market in one fell swoop.
Moreover, this live broadcast platform not only makes money through live broadcast rewards, but also sells advertisements and sells goods through live broadcasts.
What he wants to do is not just live broadcast, but also make short videos, and create a platform that everyone can participate in.
In the future, we will even seek to create an international version and promote it to the world.
As soon as he described the market prospects, Cai Qixiang strengthened his confidence and must participate in this project when the time comes.
However, he disagreed with what Yan Xin said about the international version - the Internet was invented by foreigners, can they do it better than other foreigners?
It's enough to make a fortune in silence at home, but forget about going abroad. Where did you get that ability?
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