My fintech empire.

Chapter 1340 [Let the rhythm fly for a while]

After the implementation of this welfare project, from now on, all formal employees of the subsidiaries of Qunxing Star Holdings will be allocated a house. This welfare benefit can be enjoyed by everyone regardless of their type of work or the status of their profession, and everyone is treated equally.

In other words, even the company's cleaners enjoy this benefit.

Of course, high-income corporate earners such as company executives, whose annual income starts at millions, most likely do not need to buy a better house with their own money, but this is another matter.

These houses are assets under the name of the parent company of Qunxing Capital and are provided free of charge to employees. Employees can apply for a house in the place where they work and then move in directly for free. The houses are fully furnished and equipped with all home appliances and furniture.

Not only can he move in right away when he starts working, but even if he leaves the company in the future he can continue to live there for free for a period of time corresponding to his length of service.

In addition, there is a free standard for water and electricity charges during the residence period. For example, for electricity charges, the company will fully reimburse the single employee if the monthly electricity consumption does not exceed 100 kWh and the employee with family members if the monthly electricity consumption does not exceed 300 kWh.

As long as the electricity is used normally and not wasted, this amount is definitely enough, and the excess amount will be paid by the employees themselves. There is a free standard for water, coal gas or natural gas fees, and employees will also have to pay for the excess amount.

……

Qunxing Capital is frantically acquiring land, including taking over a number of land transfers from Huayang Group. This has become a big news recently, and has been frequently reported by the media and sparked heated discussions.

First, there was a huge sensation in the real estate industry circle, and many real estate speculation groups were overjoyed, and immediately exaggerated that the property market was going to skyrocket.

You see, even Qunxing Capital couldn't help but join in, which shows that they are very optimistic about the real estate market.

A large number of real estate agents have used this as an excuse to promote the continued surge in the property market, which has indeed affected the judgment of many people.

Not to mention ordinary households with urgent needs, even some large companies in the real estate circle are also like this. This has helped Huayang Group, which was in the process of liquidation plan, to successfully find a buyer and completed the signing of the transaction contract within just one week.

It can only be said that Qunxing Capital has such a huge influence that countless people regard it as a weather vane.

However, this incident also triggered a lot of controversy about Qunxing Capital and Fang Hong. While the news frequently reported that Qunxing Capital was frantically acquiring land, another topic of discussion was that Qunxing Capital's own flag had been contradicted in the face.

When Qiu Guangcheng was in charge of Qunxing Capital, he, as the company's chairman, publicly stated that Qunxing would not get involved in the real estate sector. What he meant was naturally what Fang Hong meant.

Well, now they are frantically grabbing land, which is a slap in the face.

Many people joked that making money is not bad, and being slapped in the face is nothing. How many bigwigs have been slapped in the face by themselves these days? Mr. Ma also said that he would not enter the game industry, but he ended up entering it anyway.

As soon as this incident came out, the haters came out and started to stir up trouble in various ways.

When this phenomenon occurs, the outside world obviously does not know what Qunxing Capital is really going to do by frantically acquiring so much residential land. According to normal thinking logic, people would think that it is trying to grab a piece of cake, because Qunxing Capital has not yet announced its actual use.

However, under the exaggeration of big-ticket real estate agencies and real estate speculation groups, the property market was forced to be exaggerated by the Star Capital, and many people were influenced to think that the market would really soar, which indeed caused anxiety among many people.

……

Meditation in the villa.

At this moment, Fang Hong was talking with his beautiful assistant Tian Jiayi about business matters, namely the housing welfare project. As for the various negative trends taking off outside, Fang Hong simply ignored them. He always liked to use the method of first suppressing and then praising.

Let the rhythm fly for a while, then turn around and reverse it. This trick always works.

"The employee data of all the major holding subsidiaries under Qunxing have been compiled. Among the nearly 1400 million full-time employees, more than half are single, reaching a single ratio of 56.2%. The Internet industry has the highest proportion of single employees." While speaking, Tian Jiayi also gave the statistical data to Fang Hong.

The purpose of collecting these materials is naturally for the housing welfare project. The specifications of the houses allocated to single employees and married employees are different. Single employees' houses are generally one-bedroom and one-living room or two-bedroom and one-living room, with an area not exceeding 50 square meters; married employees generally have three-bedroom and one-living room or four-bedroom and two-living room, with an area of ​​more than 100 square meters, and a maximum of no more than 150 square meters.

Of course, balcony, kitchen and bathroom are standard.

Tian Jiayi said: "It is not surprising that the proportion of single people in the computer and Internet industries is the highest. This is due to the nature of the industry itself and the intensity of work. The frequency of daily overtime is relatively high, and the lack of social channels are all reasons for the high proportion of single people in this industry."

In addition to the reasons she mentioned, people between the ages of 49.6 and 1400 are in the "golden period" for pursuing a career, and % of single people in the workplace are already middle-level managers. At least this is the case with the data sample of nearly million formal employees of subsidiaries under Qunxing Group.

Such a huge amount of data is definitely statistically significant and the data is very authoritative.

Tian Jiayi glanced at Fang Hong who was browsing the data carefully and added: "According to this ratio, small apartments and large apartments each account for about half. The former has a total living area of ​​4 million square meters, and the latter takes the median of 130 square meters per household and calculates the total area of ​​7.8 million square meters. The total living area is 11.8 billion square meters, and the so-called public area is close to 15 billion square meters."

Fang Hong said: "Don't count the public area. These houses will not be circulated in the market anyway. They are the long-term fixed assets of Qunxing."

Hearing this, Tian Jiayi asked back: "What about the audited assets and possible pledges in the future? If they are not taken into account, it will be a big loss to do asset appraisal in the future."

Fang Hong was stunned for a moment, then smiled and said, "That's right, let's go in, it's not a big problem."

The larger the numbers are, the more shocking it will be to the outside world. After all, this is a universal welfare project. The larger the numbers are, the more intuitive it feels that Qunxing is willing to bleed heavily for the welfare of its employees. In fact, it has indeed invested a lot of money, but the larger the surface data, the greater the shock it will bring to people, and it will bring Qunxing a higher reputation.

Tian Jiayi roughly estimated and said: "This is an astronomical expenditure. The budget for acquiring the land is about 7000 billion yuan. The construction cost includes the interior decoration, which is calculated at 2200 yuan per square meter. The budget here is about 3.3 trillion yuan. A rough estimate is that the budget is over 4 trillion yuan..."

At this point, she looked at Fang Hong and added, "Should we cut the budget? For example, we can choose a slightly worse location, which can save a lot of land acquisition costs."

Hearing the budget scale, Fang Hong just raised his hand and flicked his wrist and said, "No, if we need 4 trillion, then 4 trillion. The amount is indeed huge, but we can still hold it."

Fang Hong paused for a moment and continued, "The location selection cannot be bad. Reducing costs by location is like picking up sesame seeds and losing watermelons. We can only choose a good location as much as possible. When the real estate market is in a cold winter, there will definitely be polarization. Houses in big cities and good locations can maintain their value and resist inflation, while houses in poor locations and 18th-tier cities can not only maintain their value and resist inflation, but even lose liquidity."

As the helmsman of the giant ship Qunxing, Fang Hong is willing to invest heavily to improve the welfare of nearly 1400 million employees who work with him. However, he is not a brainless naive person, and he will not try to cut meat to feed the eagle. This is unsustainable. No matter how much meat you have, there will always be a day when it will be cut out. When there is no meat to cut, conflicts will break out. Then the whole ship will fall apart and sink, and everyone will be finished.

The correct answer is a sustainable metabolic cycle. In other words, while the 4 trillion yuan will bring a stronger sense of belonging, identity, centripetal force and overall competitiveness to the 1400 million people in the galaxy, it must also ensure that the 4 trillion yuan will not be wasted and may even appreciate in value. This is called sustainability.

Therefore, you must choose a good location. It is worth spending a little more money and paying a little more price now. In the future, when the real estate market enters a downward cycle, houses in poor locations will face a significant reduction in value, and may even be unable to be sold at a discounted price, completely losing liquidity because no one will buy them.

Only houses in good locations can maintain their value, resist inflation, and even appreciate. If you choose a good location, the house may be worth 4 trillion yuan after the 6 trillion yuan is invested. If you choose a house in a bad location in order to save 4 billion or 2 billion yuan now, the property market will enter a downward cycle and the value will be halved, from 4 trillion yuan to trillion yuan. The addition and subtraction will result in a direct loss of trillion yuan. Fang Hong is naturally very clear about this account.

……

(End of this chapter)