Rebirth of the World’s Richest Man

Chapter 3722 Three Roads

Jiang Xiaobai really couldn't listen anymore this time, and directly interrupted Wang Meng: "Okay, let's not talk about what happens next. You may not be able to gain a foothold in Renton, but also Citigroup, Moscona Over there,

 Isn’t this step a bit too big? An investment of more than 500 million U.S. dollars. When will such a large investment be repaid? How many years is expected to take? How will this create brand awareness..."

Jiang Xiaobai raised a series of questions. An investment of US$500 million is not a small amount. Even though Huaqing Holding Group invests a lot in a year and makes big moves constantly.

 It can easily cost hundreds of millions of dollars, more than a billion dollars, or even billions of dollars of investment, but that is the strength of the entire group and the result of the joint investment of all subsidiaries.

For example, the wafer factory being built is the investment amount of the entire group in two or even three years. As for the investment in China Construction Bank, it is the funds from Huahua Bank. Huahua Bank has always had relatively abundant funds and strong financial resources. very.

Because the development of Huahua Bank has not followed the normal development logic from the beginning. First, it caught up with the big accident in the north. When it was disintegrated, Huahua Bank made a huge fortune, which supported the subsequent development, and even It can be said that it happened all at once, but it has developed by leaps and bounds since its establishment.

Later, the financial crisis in the Southeast caught up. Huahua Bank made an unknown amount of money and began to develop by leaps and bounds again.

This kind of completely non-step-by-step development is actually abnormal, but there is nothing I can do about it. It was this pattern and rhythm from the beginning when Mr. Huang went there, which led Mr. Huang to like this feeling a little bit.

This is why Mr. Huang wants to seize the opportunity of the listing of the four major domestic banks, in order to make Huahua Bank develop by leaps and bounds again.

But Huahua Bank is rich, which does not mean that Changxingju Real Estate Company is rich. Five hundred million US dollars is nothing to Huahua Bank, but it is a lot of money to Changxingju Real Estate Company.

 With such a large investment, the issue of return of capital must be considered.

Wang Meng still talked about how he had calculated based on market conditions and the like, how long it would take to recover the capital, how long it would take to achieve profitability, and how to publicize and market the business, which sounded quite reliable.

However, this kind of thing definitely sounds impossible. The idea of ​​rashly investing such a large amount of money and building a super five-star hotel in Renton doesn't sound very reliable.

“Go on, there are three ways, you can talk about them all.” Jiang Xiaobai didn’t say anything for the time being, letting Wang Meng continue talking.

“The second way is to build residential areas. We are going to test the water in the southeast, such as Taiguo or Garden Kingdom, or Yinni.

 Of course, we haven’t considered this yet, and are still sending people to contact the local people to see which country is more suitable..."

"The third way is to build shopping malls. Commercial real estate is also the strength of our Changxingju Real Estate Company. The Changxing Plaza we built in Xiangjiang is now a landmark building. We are also planning to build a Changxing Plaza in Pengcheng. …”

Wang Meng saw that Jiang Xiaobai didn't express his position, so he simply said all his thoughts. He said that there were three ways, but in fact he was still in the same business, either building residential buildings or building shopping malls.

 It is a hotel industry, which is relatively new.

“Are you finished?” Jiang Xiaobai put down the information in his hand and looked up at Wang Meng and asked.

 “That’s it.” Wang Meng nodded. "Okay, then tell me how much funding will be needed in total if these three projects are implemented."

 “Probably around one billion US dollars.” Wang Meng said.

Jiang Xiaobai nodded and continued to ask: "What about domestic projects? The development of domestic projects also requires working capital and investment. Plus domestic projects, how much funds will be needed tomorrow?"

"It will probably cost about 1.5 billion U.S. dollars." Wang Meng did some calculations and said, what projects will be carried out tomorrow and how much will each project cost? These data are all in Wang Meng's mind. After Wang Meng went through them, it was basically clear. .

 Jiang Xiaobai nodded, and then asked: "That's a very simple question, where does the money come from?"

“We will raise part of it ourselves, the group will provide part of it, and then the bank will lend part of it.” Wang Meng said directly without any falsehood.

Hearing this, Jiang Xiaobai suddenly had a dark look on his face, thinking that this meant that he had been included in the scheme and was giving back a part of the group.

“The group has no money, and even a wafer fab is under great pressure. Where can I find the money to support you going overseas?” Jiang Xiaobai refused directly.

Wang Meng probably guessed that the difficulties on the group's side were not unexpected. This crying child had milk to eat. Regardless of whether the group gave it to him or not, he would definitely have to talk about it.

“Then we will tighten our belts, squeeze a little more, and borrow more from banks.” Wang Meng said.

“What about the pressure? Have you ever thought about how much pressure it is to do this? Changxingju Real Estate Company’s squeeze is nothing more than slowing down the development of domestic projects. Of the ten projects originally prepared, eight are left in the end.

 But is this a good deal? The domestic real estate industry is already making money, but you have to go abroad and gamble on the foreign real estate industry to make money. Is this a good deal? "

Jiang Xiaobai's question made Wang Meng stunned. It seems that this is indeed the case. The domestic real estate industry is still in the blue ocean era. Although it has encountered policy adjustments, as long as it is liberalized, it will make money, but he Not necessarily if you go abroad.

 At the very least, there will be risks.

However, after hesitating for a moment, Wang Meng gritted his teeth and said: "Director Jiang, although there are certain risks, it will still be of great benefit to the reputation of our Changxingju Real Estate Company and bring about brand effect.

 If successful, it will bring not only profit growth but also many additional brand effects and business opportunities. "

“You are right, but have you considered what will happen if you fail?” Jiang Xiaobai asked.

Wang Meng has not thought about the consequences of this failure, but he feels that it is unlikely to fail. He has been working in the domestic real estate industry for so many years and is familiar with the methods of the real estate industry. Nothing is impossible.

 There is nothing that money can't solve. If you can't solve it, just add more money. But you can't say this to Jiang Xiaobai. He knows that if he says it, he will definitely get scolded.

 (End of this chapter)