Rebirth of the World’s Richest Man

Chapter 3793: Local Snake

Wang Meng deliberately collected Dai’s real estate industry policies. Jiang Xiaobai shook his head and said: “It’s not a matter of real estate industry policies, but also local customs and customs.

Think about it, how many years have foreign investors entered the country? Now they have adapted to the domestic market, know how the domestic market operates, and understand the habits of consumers..."

 Some things are not simply a matter of policies and related regulations. Policies are policies and regulations are regulations, but policies and regulations are far from reality.

 The actual situation must also be considered.

There are policies at the top and countermeasures at the bottom. This sentence is so vivid. Just understanding the policies and regulations is not enough.

“Forget it, let’s go to the conference room to talk. I’ll just call all you executives over for a chat.” Jiang Xiaobai said. Wang Meng nodded and started calling others to come over.

Soon everyone gathered in the conference room again. A group of senior executives saw that the expression on Wang Meng's face was not very good, and they suddenly felt a thump in their hearts. Could it be that Jiang Xiaobai did not agree with this plan?

“I have also read this plan. I just communicated with you, Mr. Wang. How can I put it? In theory, this plan is feasible and profitable..."

The other executives felt their hearts sinking when they heard Jiang Xiaobai's words.

“But theory is theory. We don’t know much about foreign markets. From customs and customs to laws and regulations, actual conditions, consumer desires, etc., these are the main factors restricting this project.

 So what I think is that for this project, we should find a local real estate developer and cooperate with the local real estate developer. "

 Jiang Xiaobai said, Wang Meng was startled and his face was full of surprise. He thought Jiang Xiaobai was directly opposed to this project, but he didn't expect that Jiang Xiaobai actually found a workaround.

This is to find a local real estate company to cooperate. In fact, this situation is very common not only in foreign countries, but also in China.

For example, Changxingju Real Estate Co., Ltd. also cooperates with many local real estate developers in China. One is that the local real estate developers have connections in the local area and know all kinds of people. This is a proper local snake. By cooperating with them, it will be very easy to solve any troubles encountered locally.

 Can save a lot of energy.

 The other one is a local real estate development company. It has its own network and can acquire land.

  But after they get the land, they just develop it themselves. If they don’t have brand awareness, they may not be able to sell the community easily after they develop it.

 The other is that they have no experience in operating large-scale projects. It happens that real estate companies such as Changxingju Real Estate Company, Vanke, etc. will cooperate with local real estate companies after arriving in certain places.

 The strong dragon will not overwhelm the local snake. This is the principle. If we can cooperate, everyone will cooperate.

With Jiang Xiaobai’s reminder, Wang Meng and others came to understand. In fact, it is the same overseas. If we can cooperate in this way, all local troubles can be pushed to the locals.

 The reason why they have never considered this issue before is because they only want to succeed overseas and only want to do their own projects, and they have never thought about joint development.

 But think about it, this method is still very good, and it can avoid a lot of things very well. "Director Jiang, in fact, when I went to inspect last time, a local real estate developer really came to see me, but at that time we only thought about developing it ourselves and we didn't meet at all." Wang Meng said with a smile.

This is really a difficult situation, and there is a bright future in another village. I originally thought that this project would not be able to pass today, but I didn't expect that the plan just needs to be changed.

"By the way, what's the name of that real estate company?" Wang Meng looked at the company's vice president and asked.

“Mr. Wang, this is PruksaRealEstate. Their company is one of the top three real estate developers in the Dai country. It was listed last year and is quite powerful.”

 The vice president introduced it slowly. As for more detailed information, he did not agree to come over.

"This is Pruksa or Real..." Jiang Xiaobai couldn't pronounce this convoluted name. The vice president quickly said: "Dr. Jiang, if translated, this is Puxia Real Estate."

“Puxia Real Estate, what are these names?” Jiang Xiaobai complained helplessly. In fact, many companies with English names cannot be directly translated, and it would be wrong to directly translate them.

The meaning of ˆˆ is very different from that in Chinese. For example, many of the foreign brands in China are not directly translated, just take the famous Coca-Cola.

 Many people know Coca-Cola, the English name of Coca-Cola, and many people think that if Coca-Cola is translated, it should be Coca-Cola, but in fact it is not at all. Coca-Cola is translated as coke.

 At first, Coca-Cola’s name in China was Tatad Wax. Who would buy this name? It’s weird.

 In fact, this is also a difference in cultural customs. When naming domestic products, you need to be grand, catchy, and have some meaning. You can't just say it directly.

 So this is why Changxingju Real Estate Company needs to find a suitable real estate company to cooperate with in Dai country.

“What kind of strength does this Puxia Real Estate have?” Jiang Xiaobai asked directly.

The vice president was a little embarrassed. Wang Meng slammed the table: "I went to inquire. What are you waiting for?"

The vice president immediately got up and left. Jiang Xiaobai was smoking a cigarette and waiting for news from the vice president. The news came quickly. After a while, the vice president came back with a stack of information.

"Puxia Real Estate was incorporated on April 20, 1993, with a registered capital of 50 million Dai baht. Last year, in 2005, Pushia Real Estate Company was listed on the Dai Stock Exchange, with a market value of approximately 10 billion Dai baht. The company mainly focuses on developing Dai apartments, townhouses, and independent villa projects.

The leader’s surname is Zhou, and his name is Zhou Jin. This Puxia Real Estate is considered to be one of the last powerful developers in Dai country..."

The vice president reported, but did not take it seriously. Ten billion Dai baht was less than two billion in China. Even Changxingju Real Estate Company could not catch up with the profit in one year. This was also the reason why Wang Meng was inspecting Dai country at that time. At that time, Boss Zhou came to see Wang Meng, but he didn’t even see Wang Meng’s face. Just kidding, a company with a market value of only 2 billion.

This is still the market capitalization. The amount of liquidity that can be provided is very small, so there is no idea.

 (End of this chapter)