Rebirth of the World’s Richest Man

Chapter 2999 Making Crazy Money

"After the Huahai Automobile land was transferred, we made a net profit of 4 billion. When we bought this land, it was about 600 million. Including the cost of building the factory and leveling, etc., the total cost was just over 4 billion. to one billion, or five billion if transferred.

 After the land of Jiahe Beverage Factory was transferred out, we made a net profit of 1.5 billion. When we bought it, it was about 200 million. The construction cost was about 300 million, and the transfer was 2 billion.

 After the instant noodle factory land was transferred, it made a net profit of one billion. The original land acquisition and construction cost were about 1.5 billion, and the transfer price was 2.5 billion.

 The transfer of the five sub-brands of Magic City under Yaohan Supermarket resulted in a total net profit of 2 billion. The initial cost of land acquisition and construction was 4 billion, and the total transfer price was 6 billion.

Huaqing Electric Appliances only has one flagship store and several branches. These are all leased. If you sublease them, you will earn a net profit of 1 million. The Yaohan Supermarket store was built by yourself, with a net profit of 200 million..."

Zhao Xiaojin became more and more excited as he talked: "So this time, the total net profit is 8.7 billion. Even after excluding our losses of 400 million, we still have a net profit of about 8.3 billion."

Although Jiang Xiaobai personally handled these matters, after seeing the summarized figures, he still couldn't help but secretly sighed.

Under Huaqing Holding Group, the fastest-growing business in the past two years is not Yaohan Supermarket, which is spread in more than 40 countries and regions around the world. It has more than 600 storefronts and flagship stores across the country, and is even very popular in the entire Southeast. Huaqing Electrical Appliances.

 It is not an investment company that invests everywhere, attacks everywhere, and acquires shares of outstanding companies that have developed slightly.

Rather than occupying the vast majority of the market share, on average one of every four pigs in the country is fed by an emerging feed company that feeds an emerging feed factory.

 It is Changxingju Real Estate Company. As the domestic real estate industry accelerates its development, more funds begin to flow into the real estate industry. The real estate industry is becoming more and more popular, and the land is becoming more and more valuable.

There is no need to deliberately hoard land. Changxingju Real Estate Company is backed by Huaqing Holding Group and has abundant funds. At the beginning, Wang Meng was accustomed to buying good land when he saw it. Not to mention it later after it went public. With sufficient funds and bank loans, it shouldn't be too convenient.

  I have acquired countless good plots of land, and they will naturally develop them in order, so the final result is that the value of the land in hand has also increased year by year, and the company's stock price and the like have also continued to hit new highs.

Often, a piece of land is in your hands and has not yet been developed. The value of the land will increase as it sits, let alone the final development of the project. If you develop a piece of land, you can make a lot of money. If you develop a piece of land, you can make a lot of money. That is Without development, the land will continue to rise wherever it is placed.

 The company's market value and earnings should not grow too fast every year.

What's more, there is Changxingju's commercial real estate. In the past two years, Changxing shopping malls have continued to bloom in domestic cities. It is foreseeable that Changxing shopping malls in the future will also become an important profit point for Changxingju Real Estate Company.

 In fact, this society is so wonderful sometimes. People often use one sentence to describe what position they can achieve when they stand on the cusp of the storm.

 That means even a pig can take off.

Changxingju Real Estate Co., Ltd. is on the forefront of the trend, and it is too early to start. It also has the endorsement of Huaqing Holding Group behind it. If nothing else, at least the bank will be very happy when lending money.

·For other real estate companies, banks have to worry about whether the debt ratio of the real estate company is too high, but Changxingju Real Estate Company does not need to worry at all. As long as the debt ratio of Huaqing Holding Group is not high, there will be no problem. What's more, there is a bank behind Changxingju Real Estate Company. It used to be Huahua Bank, and now it is the joint venture bank Oriental Bank, which is the backing of Changxingju Real Estate Company.

 Many reasons have led to the current prosperity of Changxingju Real Estate Company.

However, although Changxingju Real Estate Company is said to have financial support, the biggest reason is still because of the booming real estate development in the past two years.

Jiang Xiaobai has always known that land is profitable, but he didn't expect it to be so profitable. When a few pieces of land were transferred, he actually made more than 8 billion. More than 8 billion.

This is still now. If it were kept for a few more years, Jiang Xiaobai really couldn't imagine how much it would be worth.

“This land is really valuable.” Jiang Xiaobai couldn’t help but sigh.

Zhao Xiaojin nodded: "Director Jiang, actually I don't think we should transfer these lands now. We should keep them in our hands for two years and then transfer them out. The price will be different by then."

Jiang Xiaobai smiled and shook his head when he heard this: "Land is not our main business. We are engaged in industry, not making money by speculating on land. Let us transfer this land to other enterprises, whether it is for industrial use or conversion of land properties." , develop residential buildings or shopping malls, or have any other plans.

 It is considered to be fully utilized and does not affect the development and planning of the city. It is ugly to leave it in our hands and just wait for the appreciation in value to make money.

Besides, our company's main business does not rely on this to make money. If it is just to make money, then I can just retire. I have already made enough money. We will all go home and retire there. How nice…”

Zhao Xiaojin felt a little embarrassed when he heard this: "Director Jiang, my ideological consciousness is low."

“It’s okay, just follow me and learn more from now on.” Jiang Xiaobai waved his hands casually, looking upright, but in fact he also thought about whether he should keep these lands to make money.

As for talking about it being empty and affecting urban development planning, it’s none of my business. I’m about to leave the capital, so I don’t care whether you have urban development planning or not.

Besides, I'm not in the business of hoarding land. Unlike Mr. Li, who bought so much land and hoarded it, I just moved the factory, so you are the one who forced me to move the factory and the like. Come on, it’s none of my business.

 Hard the land for a few years and make a fortune. Every inch of land in this magical city is precious.

 Jiang Xiaobai was also very moved, but after careful consideration he decided to give up.

Although this hoarding of land can make some money, the impact on the entire group is not good. By the time it works, the entire group will lose its enterprising spirit. Sometimes these invisible things have more consequences than the visible ones. , is more serious and has a more profound impact on the enterprise.

 (End of this chapter)