Reborn in 2011, 985 missing from two copies
Chapter 349: Unbounded Technology, a new strategy!
Chapter 349: Unbounded Technology, a new strategy! (Monthly ticket plus more)
"These cute little people in the entertainment industry are much easier to fool than Mr. Wang, haha."
Having found a new target, Boss Jia was in a good mood. Waving the sickle of capital, he felt that he was on his way again!
His scorching eyes looked as if he was sharpening his knife to kill pigs and sheep.
History always repeats itself with surprising repeats. I just wonder how many stars, directors, and producers will be ruthlessly harvested by Boss Jia this time.
The next morning, while eating the breakfast prepared by Song Si Ning, Wang Yi said, "Si Ning, I plan to make Qianyuan Machine completely independent and make it a subsidiary of Xingyi Technology, using a brand new brand."
Song Si Ning agreed very much: "This is the best, it won't lower the high-end positioning of Xingyi mobile phone."
"Yes, Xingyi mobile phones started out as high-end phones. We have finally established a firm foothold and we cannot let them be dragged down." Wang Yi said with a smile: "As for the name of the new brand of thousand-yuan phones, we have also thought of it!"
"Oh? What's your name?" Song Si Ning became interested.
"Boundless!"
"Boundless?" Song Si Ning murmured, and instantly understood what Wang Yi meant: "Breaking the high price barrier of smartphones and making smartphones affordable for everyone, this is called boundless!"
Wang Yi nodded: "That's right. The cheapest smartphone now starts at 1799. This is the result of the price war between Xiaomi and Meizu. Otherwise, the cheapest one would be 1999. But with an average income of more than 2000 yuan per person, most people can't afford it."
"Yes, some families have a combined monthly income of 999 to yuan, and they have to support four or five people, so they really can't afford it. The emergence of Unbounded has reduced the price to , making smartphones affordable for everyone, which is a great deed!"
Song Si Ning was filled with emotion: "This brand name is well chosen. It will immediately remind people of the original intention of the new brand and will definitely be recorded in the history of the development of smartphones! Even if people forget about it after a long time, when they see this name, they will remember that it is a borderless phone, which breaks the high price limit of smartphones. It is a borderless phone that makes smartphones affordable for everyone! In this way, it will definitely become a national phone!"
"Yes, this is the effect we want." Wang Yi said with a smile:
"However, making smartphones affordable for everyone is only the first significance of the Unbounded mobile phone. The second significance of Unbounded is to put an end to low-quality copycat phones and low-end feature phones!"
Song Si Ning's eyes lit up: "Yes, the Wujie smartphone is only 999, who would buy those knockoff phones or low-end feature phones that cost , , or yuan? This is also a great merit."
In the past life, in 2014, Redmi came out of nowhere and brought down the price of smartphones, ending the era of copycat and feature phones, and making smartphones affordable for everyone, which can be said to be a great deed.
This incident caused such a sensation at the time that everyone was grateful to the Redmi brand.
But unfortunately, as time goes by, when people mention Redmi, they only think that it has a high cost-effectiveness, but the brand is still a bit low-end.
The "favor" that we once felt during the financially strapped period has long since disappeared.
The reason for this result is simply because the name of Redmi is too ordinary, making the public forget the original big move.
But Wujie is different. The purpose of this brand is to break the high price limit of smartphones and make smartphones affordable for everyone.
No matter when, when people see this name, they will remember the contribution of the Unbounded mobile phone.
In this way, people will no longer feel that the Wujie brand is low-end, but will instead feel more familiar.
Of course, Unbounded is not just low-end.
On the contrary, Wujie Mobile will produce low-end + mid-range mobile phones, and will even move towards high-end in the future.
Wang Yi plans to launch two series first, the borderless digital series and the borderless note series.
There is no doubt that the digital series is the lowest-end thousand-yuan phone, priced from 799 to 1500.
Aims to bring down the price of smartphones so that everyone can afford them.
The Unbounded Note series is positioned in the mid-range, priced between 2000 and 3500!
In the future, all Xingyi mobile phones will be flagship models, with prices starting from 5000.
This does not mean that Wang Yi will give up the mid-range mobile phone market.
The positioning of the Unbounded Note series is the mid-range market of 2000-3500.
In this way, Wujie Digital focuses on the low-end market, Wujie Note focuses on the mid-end, and Xingyi mobile phone focuses on the high-end!
From 799-7000, low, medium and high grades, Xingyi phones and Wujie phones are fully covered!
No matter which user group it is, we can capture them all.
Wang Yi changed the subject: "Boundless has a third meaning."
"The third meaning?" Song Si Ning was full of curiosity.
"That is to break the monopoly of international smartphone suppliers and revive the domestic industry chain!"
Wang Yi was filled with emotion: "The current smartphone industry chain is basically controlled by Europe, the United States, Japan and South Korea. Our domestic suppliers can only do some scraps and assembly work, and are completely controlled by European and American giants."
"The emergence of Wujie is to try its best to achieve localization, break the monopoly of international suppliers, and replace the international industrial chain with the domestic industrial chain! Create a truly domestic mobile phone! Rather than a domestically assembled machine!"
Song Si Ning's beautiful eyes moved, and there was a lot of strangeness in the look she gave Wang Yi, and her heart was filled with emotion.
Break the high price barrier and make smartphones affordable for everyone!
Break the boundaries of counterfeiting and completely put an end to low-quality counterfeit phones!
Break the monopoly boundaries of the international industrial chain and allow the domestic industrial chain to rise comprehensively!
"It turns out that he has such great ambitions in his heart! I will definitely do my best to support him, accompany him, and help him! My man!"
Song Si Ning murmured.
Wang Yi smiled slightly: "Si Ning, I plan to put the Wujie mobile phone directly in Jeju, so as to completely cut off ties with Xingyi mobile phone."
"That's good." Song Si Ning came back to her senses and agreed: "This will minimize the impact of the Unlimited mobile phone on the Xingyi mobile phone. We can also use the Unlimited mobile phone to quickly seize the market."
"That's right. When we meet Director Hong later, we'll talk to him about this."
Song Si Ning was in a good mood and immediately understood what Wang Yi meant: "You are going to ask for policy again!"
"Don't talk nonsense, Director Hong took the initiative to give it to me!"
"Hahaha!" Song Si Ning laughed so hard that her body shook.
After breakfast, Song Si Ning went straight to the Meiyu Building to arrange the next press conference.
Wang Yi called Wu Shuang and went straight to the High-tech Zone Management Committee.
Director Hong, it’s been a long time since we last met. It’s time to ask about the policies!
Xingyi Technology is developing too fast. The projects planned last year cannot keep up with the situation this year and cannot satisfy Wang Yi's appetite.
Of course we need new policies!
As for Director Hong not giving it?
That’s not a big problem. Cities within the province, other provincial capitals, and new first-tier cities have been eyeing it covetously.
Besides, it is impossible for Director Hong not to give it.
Director Hong is eager to keep Xingyi Technology's golden phoenix in Jeju and will never let it fly away, unless he is an undercover agent sent by the neighboring island city!
Wang Yi came back yesterday and asked Song Sining to make an appointment with Director Hong.
Director Hong immediately canceled all arrangements for this morning and made an appointment for the meeting.
This shows how much importance is attached to it.
When they met again, Director Hong had a complicated look on his face, and was filled with emotion: "Director Wang, your development is incredible!"
"It's not enough that mobile phones are selling well, tablets are also selling so well that the Jeju tablet factory can't keep up with production before it's even built!"
Last year, the flat-panel factory in Jeju planned to have an annual production capacity of 10 million, which is considered extremely high.
Even Director Hong was worried that if so much production capacity was not needed, it could be used to produce Xingyi mobile phones, so it would not be wasted.
After all, for current domestic tablets, annual sales of over 10 million is already the limit.
But who would have thought that Wang Yi did not play by the rules and his tablet was so successful that it even blew up the iPad!
We also rely on the offline physical stores of Mayu and Zhenyou all over the world to expand to many countries around the world and sell them globally!
So sales exploded.
"In one month, the sales of Xingyi Tablet X1 and X1pro exceeded 1300 million, far exceeding the annual production capacity of the Xingyi Tablet Factory!"
Director Hong was speechless: "I can only say that the factory that Jeju gave you is too small. Therefore, the city decided to give you a new piece of land to build a second flat panel factory for you!"
Wang Yi's brows lit up with joy, this was the sentence he had been waiting for.
1300 million tablets were sold in one month, but the annual production capacity of the Jeju factory is only 1000 million. What can it do with that?
Must expand!
Director Hong took out a map and pointed to the north of the airport: "This time, the factory will not be located in the Great East Suburbs, but in the Northeast Suburbs, near the airport!"
Wang Yi immediately understood Director Hong's intention and was in a good mood:
"That's great. The Xingyi tablets produced in the first factory will be transported by land and supplied to the national market. The Xingyi tablets produced in the second factory are close to the airport and will be directly airlifted to all parts of the world to supply the global market outside of Xia Country!"
Domestic transportation of tablets and mobile phones mostly involves land transportation, whether it is by road or rail.
However, for overseas transportation, air transportation is safer and faster.
For example, shipping by sea to Europe and the United States takes a month, which is too long.
If transported by air by large aircraft, it only takes 15 hours and costs $20, and 40 tablets can be transported at a time.
On average, the shipping cost for a tablet is just over three RMB.
It is not only efficient and inexpensive, but also, most importantly, safe.
If shipped by sea, who knows if we will encounter pirates.
If the Xingyi flatbed on a cargo ship was hijacked by pirates, Wang Yi would have no place to cry.
Jeju Airport is located in the suburbs of the suburbs.
Not to mention that the surrounding areas are deserted now, even ten years later, they will all be very remote and located in the urban-rural fringe areas.
But this kind of place is most suitable for building a factory!
Especially those supplied overseas.
Of course, if time is tight in the later stage, several southern provinces can also be transported by air.
It can be said that it is really appropriate to build a second flat panel factory near the airport!
Director Hong nodded and said, "Yes, that's the arrangement. We have discussed this matter with the province and the city, and there is absolutely no problem. The province and the city are very supportive. The only question now is how much production capacity you want."
"How much production capacity? I'll decide. Is this appropriate?" Wang Yi smiled.
The Management Committee gave Xingyi Technology a factory, but Wang Yi can still decide the production capacity by himself. It’s really incredible.
Director Hong smiled slightly: "In principle, this is not appropriate. But Xingyi Technology and Meiyou Technology are both star companies in our province and city, and even leading companies. The province and the city will give you the highest support! So just say it!"
"Okay, then I'll ask for a huge amount!" Wang Yi said with a smile.
Director Hong waved his hand: "No problem."
I thought to myself: The higher your production capacity, the better!
In this way, the subsequent production of Xingyi tablets and Xingyi mobile phones will remain in Jeju, and other provinces and cities cannot take them away. The taxes created, the employment opportunities brought, and the GDP growth driven will all belong to Jeju!
Maybe even the barren land near the airport can be developed.
At least the Xingyi factory pays well. As the factory gets bigger and there are more workers, they all need housing and houses, right?
Now the area near the airport is a rural-urban fringe area. Once the factories develop, it may become a county town!
Wang Yi was also aware of this, so he simply said, "Then let's build it for a production capacity of 100 million!"
"How many?"
"One hundred million?"
Director Hong was shocked. He was prepared for Wang Yi to ask for a huge amount of money.
I think Wang Yi will ask for 40 million or even 50 million production capacity at one time.
But unexpectedly, Wang Yi actually wanted one hundred million!
Crazy, so crazy.
Director Hong picked up the teacup and calmed down: "Director Wang, are you serious?"
Wang Yi nodded: "Of course, the 100 million production capacity will be divided into two factories. 50 million production capacity will be used to produce Xingyi tablets, and 50 million production capacity will be used to produce Xingyi mobile phones!"
Don’t underestimate the Xingyi tablet X1 and X1pro, which are currently selling well around the world, with monthly sales of 1300 million units.
But this is because of the first launch. As time goes by, the sales volume in subsequent months will continue to decrease.
Therefore, it would be good if the annual sales of Xingyi Tablet X1 can reach 3000 million units, and Xingyi Tablet X1pro can reach a little more, at most million units.
The combined annual sales of the two are 70 million units, which is sky-high, and it is impossible to reach 100 million.
The extra 50 million production capacity is just right for the production of Xingyi mobile phones.
Currently, Xingyi Mobile launches two flagship models a year, with combined sales exceeding 50 million, so there is no pressure.
Next year there will be thousand-yuan phones, and the annual sales volume will reach 100 million.
Next year, the total sales of Xingyi mobile phones and thousand-yuan phones are likely to exceed 1.5 million.
This number will only increase in the future.
The annual production capacity of the mobile phone factory in the capital is 3000 million units, and the annual production capacity of the mobile phone factory in Jeju is million units, which is not enough.
Another 5000 million would be enough.
"It turns out that 5000 million of the production capacity is used for Xingyi mobile phones!" Director Hong suddenly realized and nodded:
"That's no problem. After all, your annual sales of flagship phones alone exceed 50 million. Add next year's thousand-yuan phones, and it's really not enough."
"But since it's a mobile phone factory, are you planning to put it near the airport? Why not put it near Jeju Mobile Phone Factory No. 1?"
Wang Yi waved his hand: "No, in the future, Xingyi Technology will have enough patents, and Xingyi mobile phones will go global. So it is most appropriate to put the second mobile phone factory near the airport!"
"Good! Very good!" Director Hong was in a good mood: "I admire people like you who are ambitious and can accomplish great things! With a production capacity of 100 million, two factories, all land costs and construction costs will be paid for by the government!"
"When the time comes, we will build the road for you, leading directly to the airport. In the future, all the Xingyi mobile phones and Xingyi tablets that come off the production line can be directly transported to the airport, installed, and sent to all parts of the world!"
"Thank you, Director Hong!" Wang Yi was in a good mood. Today was unusually smooth.
If we say that Jeju has one mobile phone factory and one tablet factory, they have solved part of the domestic demand.
Jeju's second mobile phone factory and second tablet factory meet international demand and the remaining domestic demand.
For example, the southern and western provinces are too far away from Jeju, and it would take several days to transport them by land, so they can just be transported by air.
A Boeing can transport 50 mobile phones or 40 tablets in a few hours.
The cost of domestic routes is not high, but their efficiency is much higher than land transportation.
Electronic products compete on time!
Quick distribution, quick delivery, quick payment, and quick profit.
If it takes several days to arrive, it will not be a waste of time. Director Hong waved his hand and said, "It's all my responsibility. Jeju is proud of the emergence of high-quality companies such as Xingyi Technology and Meiyu Technology!"
"Don't worry, Director Hong. Although Xingyi Technology's global headquarters is in the imperial capital, the provincial headquarters is also being prepared. It will be located in Jeju, and they are currently recruiting people."
Wang Yi said slowly: "Next year or the year after, when the office buildings in Meiyu Technology Park are put into use in large numbers, many of Xingyi Technology's businesses and divisions will be transferred from the capital to the Jeju branch."
"That couldn't be better!" Director Hong beamed with joy.
What Jeju lacks most at the moment is high-tech industries.
The only ones that are worth mentioning are Inspur and Mayu Technology.
However, Mayu Technology is mainly engaged in clothing and beauty e-commerce, and cannot be considered a pure technology company.
But if Xingyi Technology’s Jeju Province headquarters comes and a large amount of business comes, then there will be no shortage!
You know, Xingyi Technology has so many businesses, even if it is just a provincial headquarters, its scale is larger than many companies.
For example, the Xingyi Video Department is comparable to the entire iQiyi company!
There is also Xingyi Media, which has surpassed many entertainment companies.
Thinking of this, Director Hong said decisively: "Director Wang, Xingyi Technology is a technology company and a high-tech industry. Once the provincial headquarters is located in Jeju, the Management Committee will give the best preferential policies, whether it is taxation or other things, they will be given according to the highest standards!"
"Okay, then I will push forward the construction of the provincial headquarters as soon as possible!" Wang Yi said with a smile, "But there is something that I need to trouble Director Hong for. The office building of Meiyu Science and Technology Park will be put into use in October at the earliest. But the Meiyu Building has been frozen and will be demolished soon..."
Director Hong understood what Wang Yi meant: "Are you worried that the Meiyou Building over there has been demolished, and the Meiyou Technology Park here cannot be used, and the employees of Meiyou Technology will have nowhere to work?"
"Yes, right now, Meiyou Technology has a lot of employees and a lot of business, so we really don't have time to mess around. Do you think it's possible to put our Meiyou Building off for the last demolition?"
Director Hong thought for a moment and nodded: "No problem, your Meiyou Building will be demolished in October. We will demolish other places first, and then we will demolish them after you move into the Meiyou Technology Park."
"Thank you, Director Hong." Wang Yi felt relieved.
This matter is settled.
"These are all small things. Mayu creates a lot of jobs for Jeju, and we will support it if we can."
Wang Yi was in a good mood and continued, "I plan to use a brand new brand for the thousand-yuan smartphone that will be launched early next year, and it's called Wujie!"
"Boundless? Break the high price barrier of smartphones and make smartphones affordable for everyone?"
Sure enough, the name was easy to understand, and Director Hong guessed it at once.
"That's right! Wujie is not for making money, but for letting everyone in Xia use smartphones and experience the charm of technology!"
Wang Yi stood up and looked out the window:
“Break the high price barrier of smartphones and make smartphones affordable for everyone!”
“Break the inferior quality boundary of copycat phones and put an end to the era of copycat phones!”
“Break the monopoly of international suppliers and allow the domestic industrial chain to rise comprehensively!”
“This is the meaning of the existence of borderless mobile phones!”
Hearing this, Director Hong was shocked. He felt that Wang Yi's image in front of him suddenly became much taller and taller:
"good very good!"
"Mr. Wang, you have such ambitions. The Borderless phone will surely become the national phone. It has a bright future!"
"Don't worry, if you need any borderless mobile phone in the future, we will fully support you!"
This time, Director Hong wanted to help Wang Yi from the bottom of his heart.
After all, there are many entrepreneurs who want to make money, but not many who want to run their businesses well.
As for entrepreneurs who have such ambitions and are willing to benefit the country and the people, there are even fewer of them.
Wang Yi smiled and said, "I plan to separate the Unbounded mobile phone and set up a new company - Unbounded Technology! The headquarters will be in Jeju. The subsequent R&D, production and sales will all be in Jeju."
"Boundless Technology is located in Jeju?" Director Hong was overjoyed. Happiness came too suddenly.
How terrifying is the size of a thousand-yuan phone? Everyone can imagine it.
If the research and development, production, sales, and headquarters of the entire new mobile phone brand are all located in Jeju, then Jeju is equivalent to having a powerful mobile phone company!
Even though it is just a thousand-yuan phone, just a low-end mobile phone, it is too large in size.
It’s bigger than the Xingyi mobile phone!
Once Wujie is implemented in Jeju, it will be of great benefit to Jeju's industrial upgrading.
"Mr. Wang, I suddenly feel that the Mayu Technology Park is too small to accommodate so many businesses. The 518-meter Xingyi skyscraper will also be a few years away."
Wang Yi was stunned: "..."
Is this another land giveaway?
Sure enough, Director Hong looked at the map again: "You already have factories. Industrial land is not valuable, and you don't lack it. I plan to give you another 300 acres of commercial land to the east of Meiyou Technology Park to build Wujie Technology Park as the headquarters of Wujie Technology! From now on, all industries and businesses of Wujie Technology can be placed in Wujie Technology Park!"
Wang Yi was stunned: "..."
Is there such a good thing?
This is commercial land, not worthless industrial land.
There is a big difference between the two.
For industrial land, the floor area ratio is at most 1.5, and most of them are located in suburban industrial areas, which are barren lands.
The buildings built can only be used for research and development, offices, production, etc. They cannot be sold to the outside world or commercialized.
Commercial land is located in the current core areas and the future core areas, and every inch of land is valuable.
The floor area ratio is also high, possibly ranging from 3.0 to 4.5.
The buildings constructed can not only be rented out as office buildings, but can also be used to house hotels, shopping malls, restaurants, etc., or they can be sold directly.
The well-developed business district has driven the development of the surrounding areas, causing the housing prices in nearby communities to increase significantly.
For example, Mayu Technology Park is next to Inspur Technology Park, the future financial center of Jeju and one of the areas with the highest housing prices.
The newly planned Wujie Science and Technology Park is a future high-tech zone that will also be home to a cluster of high-end industries.
Wang Yi remembers that more than ten years later, Huawei's provincial headquarters was nearby!
But now, it has been given to Wujie Technology Park.
A typical example is to use the Wujie Science and Technology Park as a pioneer to drive the development of surrounding high-tech industries.
The most important thing about industry is the clustering effect.
For example, the financial center is now the Greater East Suburbs, with only Inspur, Sinotruk, and the Software Park surrounded by a cornfield.
The Meiyou Technology Park will be fully operational next year or the year after, and in a few years the 518-meter Xingyi Building will rise from the ground, and dozens of super-high office buildings will be built in the financial center...
It has directly formed a terrifying financial and technological industry cluster, which is rare in the whole province.
By then, the greater eastern suburbs will have become a financial center with a promising future.
The same is true here in Wujie Technology Park.
Now it is the eastern suburbs of the eastern suburbs, a deserted place.
Once the Wujie Science and Technology Park is settled in, other industries and top hospitals can be introduced in the future to create a high-tech industrial cluster.
By then, this area will also be able to take off!
This is what Director Hong and the Management Committee intend to do.
We gave Wang Yi 300 acres of commercial land and used his borderless technology to drive surrounding development.
This is mutually beneficial and a win-win cooperation.
Wang Yi smiled slightly: "Since Director Hong is so generous, I will not refuse it. As usual, you provide the land and we will pay for the construction funds ourselves!"
"Okay!" Director Hong smiled: "Now that Xingyi Technology has money, we don't have to worry about this. Hahaha."
"It is all thanks to Director Hong who provided various policy supports when we were in the most difficult time. Including the interest-free loan for the first phase of the Meiyou Science and Technology Park project, which was supported by Director Hong."
Wang Yi kept all of this in mind.
It is easy to add icing on the cake, but it is difficult to send charcoal in the snow.
It is for this reason that the headquarters of Wujie Technology is directly located in Jeju!
The grace of dripping water is reciprocated by the fountain.
"It's all my job." Director Hong waved his hand and did not take credit for himself.
He was just glad that he trusted the right person. Not only did Wang Yi not disappoint him, but he far exceeded his expectations!
"By the way, Jeju has given us so many good policies, we have to do something for Jeju as well."
Wang Yi thought of Xingyi Real Estate: "I heard that the land in Dongcheng is not selling well."
Director Hong sighed, "Oh, forget it. They just don't have good taste. The land in the city center is being auctioned off. The land in the eastern suburbs... the land in the east is only half or even one-third of the price in the city. It's more cost-effective and has greater potential, but no one is bidding for it! It's really... Oh!"
Wang Yi smiled and thought to himself, "Who would have thought that Jeju would abandon the city center and directly build a financial center in Dadong Suburb, more than ten kilometers away?"
But this is Wang Yi's chance.
"That won't do. I'm quite optimistic about the East Suburbs." Wang Yi said with a smile:
"Look, Director Hong, they don't want it, right? You can just sell the residential land near Wujie Science Park and Meiyou Science Park to us, and we'll develop it at Xingyi Real Estate! Just give us a discount on the price, and I'll take it all. I'm betting that this area will be more developed than the city!"
"Really?" Director Hong smiled, "Can such a good thing happen?"
"Of course." Wang Yi also smiled.
As someone who has been there, he knows that the so-called city center has not been developed at all.
Although there is a mountain, a spring and a lake, they are unique and will always be a cultural center.
But unfortunately, the cultural center is both the cause of its success and its failure.
What is the cultural center called?
Also known as the Historical and Cultural Protection Area!
It is impossible to demolish and rebuild on a large scale, so naturally there will be no development.
It’s not as good as the corn fields in the eastern suburbs and the airport in the western suburbs, which have development.
After all, the eastern and western suburbs at present are mostly urban-rural fringe areas, with low demolition costs and strong plasticity.
As for the city center, we can’t afford to demolish it, and we can’t demolish it.
Not to mention it’s like this now, it will be like this ten years from now.
Director Hong was delighted: "That's no problem. This piece of land is hard to sell. If you want it, I'll sell it to you. A more favorable price will also increase Dongcheng's confidence."
Director Hong has a clear idea that since Xingyi Real Estate has made a large investment to acquire land, other developers may also take a fancy to this area and acquire land as well.
Once the land is sold, the district will have money.
If you have money, you can develop.
Perfect closed loop!
Wang Yi nodded: "No problem, but I will still do it the same way as before. I will build a science and technology park first, and then develop residential land and sell buildings to make money after the science and technology park is up and running."
"This couldn't be better!" Director Hong was in a good mood. He liked high-quality developers like Wang Yi.
Industries and businesses all lose money, so developers are unwilling to build them.
Therefore, in order to attract investment and build industries and businesses, local governments will provide some low-priced residential land to developers so that they can make a profit and recoup their investment.
Other developers first build residential properties on land acquired at low prices, sell commercial housing, make money, and then run away. In the end, all the industries and businesses that lost money were left unfinished, leaving those who were cheated in tears.
Wang Yi is different. He first builds money-losing industries and then builds profitable commercial housing.
What a conscientious developer!
Not only do I like Jeju, I like places all over the country.
But what they don’t know is that Wang Yi is not in a hurry to develop residential land now, simply because the current housing prices are too low and not worth developing.
Or three or four years later, when housing prices start to skyrocket, we will then develop it on a large scale and sell it at a high price!
2012-2016 was the land hoarding stage.
2016-2019 is the concentrated development stage.
2017-2018 was a period of crazy selling.
In the next two years, Wang Yi will sell out all of Xingyi Real Estate’s projects!
By then, Xingyi Real Estate will also usher in its most glorious moment and may even become a first-tier developer.
As for after 2018, Wang Yi originally planned to sell Xingyi Real Estate, but considering that Xingyi Real Estate is a brand he operates himself, he decided not to sell it.
You can simply reduce the amount of land you acquire, or even not acquire any land at all.
The company adopts a model of cooperation with local urban investment companies. The urban investment companies invest in land, and Xingyi Real Estate uses its name to develop high-end properties, sell them at a premium, and earn commissions.
No matter whether the housing prices rise or fall, whether there is profit or loss, it all belongs to the municipal investment company. Xingyi Real Estate is only responsible for putting its name on the company and earning commissions.
Similar to Greentown in the previous life, this is how it works.
The two sides had a very enjoyable conversation, and Director Hong finally said with a smile:
"Director Wang, I won't keep you here for lunch. I'm going to the city right now to study the specific plans for the Wujie Technology Park and the surrounding land, as well as the two major factories near the airport!"
"Then I'll wait for good news!" Wang Yi said with a smile.
Wang Yi gained a lot from this trip to the management committee.
Not only is there a mobile phone factory with an annual production capacity of 50 million, but also a tablet factory with an annual production capacity of 50 million.
There are also 300 acres of commercial land to create a borderless technology park, as well as surrounding low-priced high-quality residential land.
A few years later, the three major buildings were all completed and Wang Yi had arranged their uses.
Mayu Technology Park continues to serve as the global headquarters of Mayu Technology.
The 518-meter Xingyi skyscraper will be used as the provincial headquarters of Xingyi Technology, with part of it being rented out and sold to the public.
The Unbounded Technology Park serves as the global headquarters of Unbounded Technologies.
(End of this chapter)
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