Rebirth: My dad is a coal boss
Chapter 61
"Is it too risky to invest all 100 million in the company?" Zheng Wanrong asked a little worriedly. She supported Lin Hao's starting his own business, but it was a bit too impulsive to invest all the money in it at once.
"Don't worry, although the money has been invested in the company, it has been strictly reviewed. Without my consent, not a penny can be spent."
Although Jin Taiyu is the president of Lin Hao's game company in South Korea, he is only responsible for the development of the game. Finance, personnel, etc. are all handled by other people. If there is any major problem, they must report to Lin Hao.
Hearing Lin Hao say this, the couple was relieved.
"Money matters are trivial. We can apply for a loan from the bank. We can mortgage our 13 coal mines, and then use the money to buy coal mines. Then we can mortgage the newly bought coal mines. It's the same model as I mentioned before. And the money for buying coal mines doesn't have to be paid in one lump sum. After signing the contract, we can directly apply for a loan from the bank with the contract and pay with the bank's money. Repeating the process over and over again, 130 coal mines are not impossible.
Huainan doesn't have 130 coal mines, but other places do. There are coal mines everywhere in Shanxi, and the price is probably cheaper than Huainan. There is also Ordos City in Inner Mongolia and Xinjiang. There is a lot of coal in these places. As long as you have money, you are afraid that you can't buy coal mines."
Lin Hao's words opened a new door for Lin Fugui. He didn't know much about real estate, but he knew coal, and he knew the twists and turns in it. Lin Hao's words made him feel enlightened.
"You are worthy of being my son. I must drink this wine tonight." Lin Fugui picked up the wine glass and clinked it with Lin Hao.
"If we do this, will there be problems with the capital chain in the end? Real estate is doing this, and coal is doing this now. Once there is a problem with the capital, it will be a big problem." Zheng Wanrong listened to Lin Hao's words and keenly discovered the problem. The bank's money must be repaid, and there is interest. Once there is a problem in the middle link, it will be a chain problem.
"Don't worry, Mom. If others do this, there will be 100% problems. But our family has a mine, and it is a coal mine. I said before that starting next year, the price of coal will rise sharply. By then, our family will have so many coal mines, and we can directly use sacks to pack money, and the speed is still too fast.
By that time, our family's funds can be described as strong. The money for buying coal mines can be said to be repaid in minutes, and it can also provide financial support for real estate, so there will be no funding problems at all."
"These are all your guesses. What if the price of coal does not rise? What should we do then?" Zheng Wanrong's words revealed the loophole in Lin Hao's words, that is, what should we do if the price of coal does not rise, or even falls.
Uh, Lin Hao was speechless for a moment. He couldn't say that he was reborn and knew everything that would happen next.
"Mom, the country has issued a lot of policies on coal today. You know that the price of coal has already shown signs of rising. You deal with coal every day, so you should be able to feel it. And if the price doesn't rise, it's okay."
"How can it be okay?" Lin Fugui and Zheng Wanrong asked puzzledly.
"That's real estate. The development process of real estate is very long. Take Global International for example. It will take 3 or 4 years to build it completely. The money borrowed from the bank and the money obtained from the government can't just stay there. Money needs to make money. This money will be used to buy new land. The new land will be borrowed from the bank and the government will be asked for policies, so a large sum of money will be obtained. This cycle will repeat. This money will reach a very large number in a certain period of time."
"The money borrowed from the bank to buy the coal mine is not due at the same time. We can use this money to pay part of the loan. At the same time, the property will be pre-sold. The money obtained from the pre-sale will be used to build the property. The profit of real estate is very large. As long as the loan is not paid at the same time, there will be no problem if the operation is done well. There will be no problem as long as there is enough time and funds."
Zheng Wanrong was convinced by Lin Hao's words. There was no way not to convince her. Now the Lin family has developed into real estate, and coal is the foundation of the Lin family. And the price of coal does show signs of rising.
Lin Fugui would not miss such a good opportunity. He was able to make his first fortune in the 1980s and his net worth exceeded 1 billion in 2000, thanks to his extraordinary courage and keen vision. Now that such a good opportunity is in front of him, how could he miss it?
In fact, Lin Hao still had something to say. If the capital chain was broken, the futureThe real estate companies have already given the answer, such as Evergrande, Country Garden, Sunac, etc.
Boss Xu is really stupid. After the thunderstorm, the country gave him several years. If he actively cooperated and improved the company's situation, he would not be imprisoned in the end. As a result, he thought about transferring assets, and he deserved to be imprisoned.
In addition, Lin Hao did not think about collecting the money. He only built a gate for the house. The pre-sale money would only be used for the construction of the real estate and would not be used for other purposes. As for the bank loan money, of course, it would be used to get more land, and then more loans and financing.
It is difficult for the real estate to collapse in this way. Why did those real estate companies burst thunder? It was because they saw that making money was too easy, and they could not hold their restless hearts, so they misappropriated all the pre-sale money, and then they did not think about building houses properly.
With the combination of coal and real estate in the Lin family, Lin Hao could not think of any situation that would cause thunderstorms. It was impossible for the capital chain to be broken unless there was force majeure.
If it really happens, what about Lin Hao himself? Now there are more than 2 billion US dollars in the bank card, and there will be more in the future. According to Lin Hao's plan, it will take less than a few years for his wealth to reach a higher level.
He is still waiting to become a super rich second generation, how can he let the Lin family go bankrupt? He has experienced it in the last life, and he will never let this happen again in this life.
......
Half a month later, after working overtime for this period of time, the design plan sketch of Global International is finally ready. Lin Hao is also very tired during this period. In the morning, he is busy with the district company and a group of designers in Gangcheng. In the afternoon, he is busy with Dong Mengxue. In the evening, he chats on the phone with Shen Yuxuan, and at the same time, he has to deal with company matters.
After getting the design plan, Lin Hao looked at it and found no problems. Then Lin Fugui hurriedly took the design plan to the municipal government.
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