Started from Hong Kong Island

Chapter 330 328 [Eating Alone]

The topic of Run Run Shaw did not last long, and Zhang Yan then talked about his recent deeds. He actually teamed up with Chen Songqing and Zhong Zhengwen of the Zhong family of Yida Group to speculate in land, and all these things were arranged by Zhan Peizhong.

After hearing these words, Li Wendi fell silent. This Zhang Yan was really looking for death. If he was involved in Chen Songqing's Jianing Group incident, no one could save him.

Li Wendi had already reminded Zhang Yan once, but unfortunately Zhang Yan had the character of a gambler. In addition, his previous success in using the "fighting to support fighting" method had led to Zhang Yan's net worth exceeding 5000 million yuan, so he became even more conceited.

"When do you plan to stop the acquisition and sort out the assets of your companies?" Li Wendi asked tactfully.

"The real estate market is heating up now. I think it won't take too long to return to the glory days of 73. This method is perfect for this. I can become a bona fide real estate tycoon soon." Zhang Yan's tone was a little crazy.

Seeing this, Li Wendi felt the need to help Zhang Yan again, and said earnestly, "Your current state is not much different from the gamblers in the D field. You will not leave until you lose all your capital."

Speaking of D-venues, Zhang Yan was slightly stunned. He was very familiar with this thing because there were many underground D-venues under the He Liansheng umbrella at that time. Zhang Yan had seen many people's families broken up because of them.

"No way?! It's very different from Field D. I have insurance here." Zhang Yan said with a twinkle in his eyes.

"There's a saying that goes, 'You can never wake up a person who's pretending to be asleep.' If you don't turn back now, I'll most likely visit you in Stanley Prison." Li Wendi threatened Zhang Yan, staring at him straight in the eyes.

"You are unwilling to give up now. If the market value of Rising Real Estate Company is increased to more than 10 billion, do you think you will stop? You will keep on making acquisitions and will never reorganize the company's assets and debts. Once the real estate market collapses, you, Zhang Yan, will be finished." Li Wendi continued to increase his output.

As for Zhang Yan's cooperation with Zhong Zhengwen and Chen Songqing in land speculation, Li Wendi has no legitimate reason to stop it for the time being. This kind of business is a legitimate business and can make a lot of money, but it is not good for the reputation.

Zhang Yan did not immediately believe Li Wendi's words. He was still a little hesitant, struggling between the huge profits and the bitterness of the medicine.

Li Wendi also stopped "fooling around" and turned to handle some simple official business, waiting for Zhang Yan's answer.

During this time, Zhang Wentao came in and reported on the company's asset sorting. "This is a detailed report of all the company's assets."

When Li Wendi had finished looking, Zhang Wentao continued, "The Elizabeth Building and Rock Building on the former site of the British American Tobacco Company in Wan Chai have been completed. Cheung Kong Holdings has already started selling them in layers. It is expected that 4000-5000 million yuan of funds will be recovered by the beginning of next month, and the estimated profit is about 2000 million yuan."

"The 7.3 square feet of land in Wong Tai Sin is almost ready for capping. The renovations will be completed by the end of the year. It is worth about $9000 million and can be used to exchange for your shares in China Gas."

"."

Now that Changxin Real Estate Company's investment in real estate development has begun to earn and recover a large amount of funds, Zhang Wentao's words made Zhang Yan a little stunned.

It turns out that land development can make more money than land speculation.

Although acquiring other companies can quickly increase market value and asset value, this is only a superficial situation. In fact, the company is heavily in debt and is very hollow inside. Even a small storm will cause the company to waver.

With Li Wendi as an example, Zhang Yan suddenly felt that these acquisitions were not attractive anymore.

Li Wendi had no time to pay attention to Zhang Yan's change of mind, and said to Zhang Wentao, "Xingguang Real Estate Company does not have enough manpower to take over these properties, let alone complete effective sales. Changxin Group should be responsible for it. Xingguang Real Estate Company only wants cash."

If Starlight Real Estate Company hires those companies for help, it will have to spend a lot of money on hiring, which is not worth it.

"Okay!" Zhang Wentao wrote down Li Wendi's instructions. "The 4000 million cash in Changxin Group's account should be used to purchase the shares of Jianfeng Garment Investment Company and Jiade Electronics Company of Qinian Newspaper Company. We have also prepared the personnel of these two companies, so don't delay." Li Wendi immediately gave the order.

The two chatted for nearly an hour before Zhang Wentao left the office in disappointment.

Both of them knew that if Changxin Group completed these acquisitions, its asset value would inevitably expand by at least one third. Once the news came out, Changxin Group's stock price would skyrocket.

Changxin Group’s market value exceeds 4 million yuan, which is not a problem.

If all the assets of Changxin Group were announced, a market value exceeding 7 million yuan would be a piece of cake.

"How is it? What have you thought about it?" Li Wendi asked seriously.

In fact, Li Wendi told Zhang Wentao in front of Zhang Yan that the work content was intentional, hoping to correct some of Zhang Yan's ideas.

"Luckin Real Estate is also developing some land, but the scale cannot be compared with the projects under Changxin Group. I can see from this that you can't make much money by speculating on land, but I think it is still in line with Luckin Real Estate's current situation." Zhang Yan continued, "As for the acquisition, I have already thought about it. I will stop it when I go back and concentrate on sorting out the debt problems of the subsidiaries and strive to complete the debt restructuring within a year."

Li Wendi thought for a moment, "Luckin Real Estate has some large tracts of land, right? We can develop it together with Changxin Group. Changxin Group will pay for the construction and we will split the profits 50-50. Luckin Real Estate can learn from the experience of large-scale projects and lay a foundation for the future."

This is a plan that kills two birds with one stone. It can not only help Zhang Yan, but also bring more profits to Changxin Group.

That little bit of construction cost is nothing at all, and Luckin Real Estate has no shortage of it. What it lacks is development experience.

"Okay." Zhang Yan agreed of course. After all, this was a good opportunity.

The Peninsula Tsim Sha Tsui
Changxin Group and Nan Fung Investment Company have been cooperating for a long time, and have jointly developed 4 projects covering an area of ​​more than 30 square feet, half of which are medium-to-large projects of more than 10 square feet.

Nan Fung Investment Company has therefore learned a great deal of experience from Changxin Group and now has almost the ability to independently develop large and medium-sized real estate projects.

Chen Yanhua has never been an easy person to deal with, otherwise he would not have sanctioned Li Wendi's Jianfeng Garment Investment Company in the garment industry. Now that Nanfeng Investment Company has the ability to fly solo, he naturally will not continue to share profits with Changxin Group.

Eating alone is an effective way to expand a company.

"Mr. Li, we have been cooperating for quite some time. Nanfeng Investment Company has also offered 30 square feet of land to cooperate with Changxin Group. Changxin Group will soon earn a large amount of profit." Chen Yanhua smiled and said, "Nanfeng Textile Company is undergoing transformation and needs a lot of funds, so our cooperation may have to end here."

Li Wendi joked, "Mr. Chen, are you considering Jianfeng Garment Investment Company as your rival again? Or are you planning to include Changxin Group in your list of competitors?"

"Haha! Mr. Li's joke is really funny." Chen Yanhua said, "Nanfeng Textile Company is already preparing for transformation, how can it compete with Jianfeng Garment Investment Company? Changxin Group is the leader in Hong Kong's real estate industry. Nanfeng Investment Company is weak and incompetent, how can it beat Changxin Group?"

"Speaking of this, I hope Mr. Li will not bear a grudge and will not make things difficult for Nan Fung Investment Company in the real estate industry." Chen Yanhua counterattacked and teased Li Wendi.

Li Wendi laughed and said, "We are partners, how can we embarrass our partners? But I don't agree with some of what Mr. Chen said. Our cooperation is only temporarily over, but we may continue to work together in the future."

(End of this chapter)