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Chapter 245 Pudong Real Estate

The Chinese stock market in 1990 had not yet started to make money, the real estate in 1990 had not yet begun to expand, and the banking industry in 1990 had not yet begun to lend money to private companies... The Chinese business community in 1990 was a scene of a shortage of money.

But Dahua Industry is rich.

After Hua107 started to produce, the Setan Oilfield produced 80,000 barrels of oil per day, worth 1.6 million US dollars. After deleting various taxes and expenses, the daily profit was 1.3 million US dollars, making money much faster than those of the money printing machine.

From October to June, the crude oil production of Setan Oilfield increased from 10,000 barrels of oil to 80,000 barrels, with a total revenue of more than 200 million US dollars. Not only did it repay the loans from Formosa Plastics and Evergreen Group, but it still had nearly 100 million US dollars. In addition to the expansion of Jichai, Dahua Industrial's investment in offshore drilling platforms, etc., there were tens of millions left.

The reason why the figures cannot be accurately calculated is the rapid increase in revenue and large expenditures, which makes the income node very unclear. Especially when Jichai, Dahua Laboratory, Dahua Industrial, and even the marine transportation company and Dahua Gas Company have large incomes from time to time,

The natural gas underwriting contract has been implemented since October last year. Although Sucheng has not made any money, it has not lost money, and it has maintained a balanced state. After removing this biggest source of danger, Sucheng invested in Dahua Gas Company and almost no need to use the company's deposits.

The profits of Setan Oilfield support more than enough for gas companies to spend. No matter how big a construction company is, it cannot spend $1.3 million a day. By the end of a year, when all the projects are over, not only Hua108, but also Hua109 will have to start drilling, so there will be no shortage of money.

Sucheng, which signed the second agreement in Guangdong and laid the pipelines with all his heart, clearly realized the meaning of the two heavens of ice and fire: to be an energy enterprise, you either go to heaven or enter the earth, and there is no third way to go.

Energy companies that have mineral deposits and mine mineral deposits have continuous cash support. No matter what they do, the surplus of funds itself represents the scarcity of resources, and it is natural to obtain excess profits, and it is also very fault tolerance. It is as happy as heaven. Energy companies that do not have mineral deposits or cannot open mineral deposits are like hell. They not only have to compete for scarce funds, but also have to bear huge pressure. They struggle in the flames every day. If you are not careful, they will be burned through.

Cities like Guangzhou and Huizhou fell into the eyes of Hong Kong tycoons as early as the mid-1980s. If it weren't for the domestic companies enjoying the advantage of time, or if it weren't for Sucheng asking Hu Ji to get the red-headed document, he wouldn't have been the turn of laying pipelines, which was far more developed than the domestic Hong Kong gas pipeline dealer, probably would have been drilled from Hong Kong. It's not a saying that international ports that can dock 100,000-ton liquefied natural gas ships can not only save money on the dock, but also have a mature team and decades of experience in pipeline operation.

If it is a slightly weaker gas pipeline dealer, they will not dare to compete with Hong Kong companies. Only when the business barriers set by the country can you gain a chance to fight in a few years.

Sucheng has won two more years than in history. Now it seems that it is actually only about one year. This is not enough for Huangneng's international first-class gas pipeline dealers, but it is more than enough for Dahua Industry.

When the first gas main pipeline was buried in Guangxi Dong's land, Su Cheng said to Silang: "Look at this place, if it can account for two-thirds, Dahua Gas Company can declare it successful."

This is the city with the largest consumption of natural gas in the country, whether it is habit or consumption capacity. Even if it only occupies this province, the Dahua Gas Company, which has a little package, is enough to list in Hong Kong and attract more profitable funds. Especially before 2000, when Hong Kong people looked at China, they thought that there were only two regions on this land: Guang*dong and other places. Becoming a urban gas supplier to Guang*dong, it accounts for half of the H shares.

Like in Shandong, the construction company in Guangdong also received most of the 100 million yuan investment due to gas pipelines. After they survived, they weakened the pressure on upstream owed companies, allowing them to return limited cash to the production companies, so that the suspended companies can resume production and continue to pay back the money to the superior companies...

The entire debt clearance work will last for two years, but it is the most important to unpack the front loop. This step took one year for the predecessor, and only four months for Ji*nan. When the cash flow of enterprises in Shandong Province recovered, other provinces and cities were still building a structure for debt clearance and order of debt clearance.

This demonstration effect that leads the country is strong. Sucheng and Dahua Gas Company once received more than ten invitations, especially in mainland provinces. Due to their own financial disadvantages, they pay special attention to the injection of funds from the outside world, and even sent officials to Jinan to run projects.

But in the end, Sucheng still chose a coastal city. This is a natural choice for capital. The concept of investing 100 million yuan and giving away 100 million yuan is completely different.

The third agreement was signed in Zhejiang Province. After only one month, it showed the accelerated pace of Dahua Gas investment. There are as many as 6 small gas companies affiliated to Dahua Gas Company, which is equivalent to a subduction and can occupy the major cities in the province. In fact, they did the same.

At the end of August, the Shanghai *hai Investment and Trade Bureau, which is underway for Pudong development, also invited Dahua Gas to settle in.

The difference is that since Shanghai*hai already has liquefied gas pipelines and is the most economically developed city in the country, it cannot achieve policy exclusiveness, which has caused controversy in Dahua Gas.

Some of them objected: "The location and environment of Shang*hai is indeed good, but the discounts from Shang*hai Municipal Government are too small. It is enough to just subscribe a piece of land in Pudong. It is the land of Pudong, not the land of Puxi, and what's the use of birds not shit. Moreover, the competition in Shang*hai is also quite fierce. Not only does it have gas filling stations, but also liquefied gas pipelines, which means that it is the most mature place, and it's no longer enough. I think that if you have this time and energy, it's better to go to other provinces to enclose land, first occupy those easy-to-occupancy places, and then go back to compete for Shang*hai."

The senior executives of Dahua Gas spoke in front of Sucheng, and their opinions were relatively unified. After everyone finished speaking, they looked at Sucheng with a hurried look and waited for him to make the final decision.

If we consider it based on normal business thinking, pipeline development in the extensive period should indeed be the first and second in competition.

However, how could Sucheng, who knew later generations, feel that the land in Pudong is "no sting"?

He pretended to think seriously and said softly: "Shang*hai City did not give good preferential conditions, so we can continue to talk. Before that, the land must be downloaded first. Well, I personally or Dahua Industrial will pay to build a group of office buildings, Dahua Gas Company, Dahua Industrial, and several company liaison departments. All of them can be used, so as not to rent office spaces again."

Sucheng pays money privately or Dahua Gas Company pays money in the final analysis, Sucheng pays money by itself. The difference is that Dahua Industrial is the group's holding company, while Dahua Gas Company is a downstream service company. It is very likely to go public in the future, and it will be more troublesome to divide the land at that time.

There was a manager who was from Shang*hai and said in confusion: "As the saying goes, I would rather have a bed in Puxi than a room in Pudong. The office location is located in Pudong, which is very inconvenient."

"It will be convenient soon. If public transportation is inconvenient, the company will buy a car and use it." At this point, Sucheng had no intention of arguing. The order said: "I am going to go to Shanghai. You can contact the person in charge of the investment promotion office. The pipeline laying can be continued in another city."

When the news came out, before he could move, Director Mi of China Merchants Group found Dahua Industrial and gave him several air tickets.

For ordinary private companies, buying air tickets is indeed a troublesome thing. In addition to the expensive price, you must also issue a letter of introduction. Director Mi considered so carefully that he once again gave a plane ticket worth tens of thousands of yuan, which made people embarrassed not to go.

Su Cheng was not pretentious. Not only did he, he also invited Shu Lan to go with him.

The two of them happily put on beautiful clothes and boarded the plane like traveling. 10 meters behind them was Director Xiao Yang who was dragging the box.

Director Mi was aware of the situation in Pudong. He only briefly introduced the situation in Pudong, and stayed in his seat and chatted with Director Xiao Yang, and never interfered with Su Cheng and Shu Lan's chat and talk.

Harmonious and comfortable along the way really made Su Cheng feel good. Director Mi also learned a lot of things through Yang Ming.

After arriving at Hongqiao Airport, leaders from the China Merchants Bureau and the Municipal Party Committee and Municipal Government were welcomed.

The problem of triangle debt in Shanghai is relatively easy, so the investment promotion work in Pudong Development Zone has become the top priority of the city's work. Their investment promotion company not only sets up locations across the country, but also directly sends people to recruit companies abroad. All municipal-level leading cadres are also assigned to entertaining work, busy rushing around the dinner table and banquet every day.

The person who received Sucheng was Vice Mayor Ge, a not-old master's student. It took less than ten years to reach his current position as a rocket.

He had a good personality. Seeing that Su Cheng was interested in land, he waved his hand and asked someone to come over with the Pudong map, then moved the bowls and chopsticks in front of him, handed Su Cheng a pen, and said, "Where do you like, you can draw casually, the 350 square kilometers of land is huge."

Su Cheng stared at Lujiazui at first sight.

Deputy Mayor Ge read his words and said happily: "The blue one has been approved."

Su Cheng said "Oh" without thinking, picked up the dozens of acres of land left in Lujiazui, then rubbed his hands, and happily drew a long strip-shaped area along the Huangpu River, which was as many as thousands of acres.

Deputy Mayor Ge didn't care. It was only a few square kilometers. It was still pure farmland a few months ago. How could Dahua Industrial be valuable?

He asked curiously: "What is Dahua planning to build?"

Su Chengle's back grooves were exposed to the air and said, "The garden-style office group, office buildings, etc. It looks like a forest park from a distance, and it is a modern equipment when you look close. By the way, can I build a river view villa for myself, right?"

"Of course there is no problem. Mr. Su is welcome to live in Shang*hai forever. I will make 70-year property rights for you in these two areas." Deputy Mayor Ge casually offered benefits.

Su Cheng reciprocated his favor, sighed and said, "Then I will set up another piece of industrial land. Dahua Laboratory is still in the factory area of ​​Jinan Power Machinery Factory."

In terms of the production quantity of patented technologies, Dahua Laboratory ranks among the top domestic companies, only weaker than heavyweight central enterprises. However, its research content is veritable high-tech and is also the most ideal attracting target for Pudong.

Deputy Mayor Ge also laughed and said, "If Dahua Laboratory moves here, I promise to give all policies. The transfer fee is half lower than the four provisions of Article 22 of the State Council. The land use fee is exempted for five years, and the land use fee will be paid for half after five years..."

Su Cheng looked at the most important area in the future and first cut a quarter of it with a straight line. He thought, if you want to leave enough land for other companies, it would be boring if you develop on your own.

While thinking, he asked, "Didn't you ask what the land price is?"

"In the development stage, there has not been a seven-way and one square meter yet, and it is tentatively 1.4 million yuan for 1 hectare." Deputy Mayor Ge calculated silently and said: "The Lujiazui plot must be calculated at the original price and other industrial land at the best price, 100 million yuan per square kilometer. However, if you invest in that year, you can build it first and make up for the land transfer fee within 5 years, and no interest will be charged."

Su Cheng heard what he meant. As long as the construction started, he would only pay interest in five years.

One square kilometer is 1 million square meters, and the transfer fee of 1 square meter is only 100 yuan. In Sucheng's eyes, it is cheaper, not to mention that you don't have to pay now. By 1995, the Oriental Pearl was built, and the land price would be completely different.

So, Su Cheng's hand shook again, made a straight line and scraped away a large circle. Then he picked up the wine glass with satisfaction.

Deputy Mayor Ge happily clinked his glasses and drank them, looking so he could turn them out and put them on his thighs and grind them.

Before 1991, Pudong had not yet completed seven connections and one square meter, which was not attractive at all, and selling land was particularly difficult. At that time, Shenzhen Special Economic Zone had done its industrial land for water supply and drainage, electricity, gas, heat, communications, and roads. The annual transfer fee per square meter was only 1 to 1.6 yuan, and 50 yuan in 50 years.

The raw land in Pudong costs double or even triple the price, so naturally it will not be welcome.

Therefore, at this time, Shanghai * Hai is not only a land finance, but local finance almost collapsed in order to raise funds. Development companies and financial companies such as Bank of China Group, China Merchants Group, Bank of China, Lujiazui Financial and Trade Zone Development Company, People's Insurance Company of China, Hong Kong Zehong Development Co., Ltd., Industrial and Commercial Bank of China, Transportation, Bank, Construction Bank, Agricultural Bank of China, Shang * Hai Investment Trust Company and other development companies and financial companies invested billions of billions. It took two years to barely build a backbone and complete the public construction of Qitong and One Square, turning the "breedland" into "cookedland" that can be developed in industrial areas.

To this end, government funding, bank loans, equity investment and development, public listing at home and abroad, raising funds from the society and other means have emerged one after another, which can be regarded as a major encyclopedia of China's early fundraising.

Under such conditions, Sucheng's Dahua Industrial promised to enter the market, which inevitably gave Mayor Ge and others great confidence.

Su Cheng was also happy and copied a map of Pudong and hung it in the hotel's living room. He prepared a deposit of $10 million, ready to become the largest landlord in Pudong at any time.

Under the deliberate publicity of the municipal government, the relocation of Dahua Laboratory was also portrayed by the media as the relocation of Dahua Group, and the deposit was hinted as a one-time payment...

As a result, the tension in the Jinan Municipal Government is still second-hand. The atmosphere inside Formosa Plastics suddenly becomes tense. They do not want their strategic allies to exchange cash for real estate.
Chapter completed!
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