I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 450 Software Industrial Park
In the box, everyone has already sat down.
At the same time, Ren Yixin had also changed his role from driver and went to the table to pour wine for them.
This was the first time that Jiang Hao saw Uncle Ren and Ren Yixin attending a dinner party at the same time.
As the hot dishes were served, Mayor You took the lead in picking up his glass of wine.
"Mr. Jiang, this is the first glass of wine. On behalf of the Songjiang Municipal Party Committee and Government, I congratulate Totoro Technology on its successful listing!"
As soon as he finished speaking, everyone at the table stood up and raised their glasses.
After drinking a small cup of white wine on an empty stomach, Jiang Hao quickly picked up some food to fill his stomach.
At the same time, he refilled his senior sister's drink; one of the two had to stay sober.
He now understands a little bit.
Mayor You had been very optimistic about him in the past and had given him a lot of help and a green light in his career.
But today they specially picked him up at the airport and brought so many leaders from the city with them, it was definitely not just to celebrate his listing.
More people are eyeing the cash in Totoro Technology’s account.
It is a respect for the more than 20 billion RMB in cash.
Although the money is in the company account, he still has the final say on how to control the funds.
Before Tencent intervened in the board of directors, Jiang Hao, as the chairman, still had real power.
"Boss Jiang, you don't know yet?"
"what?"
"Haha, the housing prices in Songjiang City, especially in Jiangning District, have risen dramatically in recent days!"
Why did the housing price suddenly increase? Is Mayor You planning to let him invest this money in real estate?
This time point is the time when housing prices are about to soar.
If Mayor You is really willing to support it, Jiang Hao would be willing to invest part of his funds in real estate.
He would even invest some of the cash in his own pocket in the real estate industry if he had the chance.
After experiencing the experience of making hot money by keeping up with the trend of the times, Jiang Hao is now more in line with the general trend.
"Mayor You, who said it wasn't true?"
District Chief Lu, who was not far away, joined in the conversation.
"Especially the large flats in the center of Jiangning District and the residential areas along Metro Line 4. I heard that the transaction volume has increased significantly in the past two days."
"The bank's loan work has never stopped. Several branches in the district have been busy working overtime every day recently!"
After hearing what District Chief Lu said, Jiang Hao felt that he had misunderstood.
A large flat in Jiangning District, with access to Metro Line 4?
Why do I feel more and more like he is referring to his company? After all, Totoro Building is right at the exit of Line 4.
"Haha! Mr. Jiang, most of the people who buy houses here are executives and employees of your company!"
"This month, the housing prices in Jiangning District have been raised by several percentage points!"
“Especially the large flats, I heard they are all sold out!”
Sure enough! District Chief Lu has now revealed the truth to him.
It really is related to his company, Totoro Technology went public one day.
It has created dozens of multi-millionaires and hundreds of multi-millionaires.
This directly brought the real estate prices in Jiangning District, which were already at a high level, to a higher level.
There are not many people who buy luxury homes like the large flats in Jiangning District, and the transaction volume is only a few dozen units a year.
Now, in just one month, we have achieved last year’s entire year trading volume.
Large flats in the district center are in short supply!
Not to mention the communities with strong demand along the subway lines, although the employees of Totoro Technology have not yet been able to cash out their stocks in the stock market.
But this will really be able to be mortgaged and a credit loan can be granted.
Banks are naturally willing to lend money to high-quality customers like these in the city, which has also caused housing prices to rise steadily.
"Mayor You, District Chief Lu, buying a house is a necessity!"
"When employees earn money to buy houses, it actually promotes our local economy! It's not a bad thing."
The economic core of local governments is land finance itself.
When the houses are sold out, there is always new land to sell, and the price can be higher than before.
There may be a batch of demolition work in the middle.
Anyway, no matter what, the government is still vigorously promoting real estate at this point in time.
"Haha! That's a good thing. The listing of Totoro Technology will boost the city's economy!"
"I wonder where you, Mr. Jiang, plan to invest the company's funds in the future?"
Mayor You took over the topic again at this moment. After going around in circles, he finally came to this question again.
As he had guessed, the city's biggest concern now is where the more than 200 billion yuan of funds will go.
For any city, assets of tens or hundreds of billions are actually nothing.
After all, high assets are generally accompanied by high debts, and many of them are bubbles.
But it's completely different if it's converted into cash. If these 20 billion in cash are really concentrated, we can cooperate with the government to leverage certain resources.
It is hard to estimate what can be accomplished. Now it all depends on how big Mayor You's appetite is.
"Mayor You, the company's development before was mainly focused on going public."
"As for the path forward after the listing, we still have to discuss with other shareholders, especially Tencent."
To be honest, Jiang Hao hasn't really thought about where to spend this money yet.
The financing obtained at such a high PE multiple means that Totoro has received much more funds than expected.
If this money was invested in promoting the live streaming industry and opening up the market, not that much would be needed.
Another very important point is that the live broadcast industry has a ceiling.
What truly has no upper limit is live streaming coupled with the e-commerce industry, which is later known as "live streaming with goods."
This track mode really has no limit!
"Boss Jiang, I won't beat around the bush with you."
"That's right. Recently our city and the province have been considering establishing a new economic development center."
"It can be regarded as a supplement to the overall economy of Songjiang City."
At this point, Mayor You finally spoke frankly.
"We plan to develop and construct it in the southern part of the city, or in the suburban area near Line 4 where your Totoro Technology is located."
“With the goal of establishing a new industrial park as a commercial sub-center.”
Jiang Hao already understood what Mayor You meant.
I just hope that Totoro can cooperate in the development of this new area!
Although it is not directly involved in real estate, the actual development direction is still mainly real estate, and it is considered to have started in-depth cooperation with the Songjiang government.
Thinking of this, Jiang Hao asked directly.
"Mayor You, what role do you plan to let Totoro Technology play in this?"
"Haha! For this industrial park area, I personally plan to build an Internet-centered software industrial park."
"With Totoro Technology as the main company, we will encourage other Internet companies to move in, and eventually drive the entire business district."
Mayor You has finally completely escaped from the target.
It’s just a software industrial park, which is consistent with the development direction of Songjiang City in the future, and it’s the start of the digital economy!
This finally made Jiang Hao breathe a sigh of relief. He was afraid that Mayor You would use all the large amount of funds he had raised to support the city's development.
Now we are just promoting the establishment of a software industrial park. Although this kind of project costs a lot, it is not that exaggerated.
In particular, the entire industrial park will not only benefit from land appreciation, but will also provide a large supplement of Internet talents to Songjiang City, which is a good thing for all Internet companies.
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