"The last project is also our largest investment project this year, and it can also be said to be our largest investment project except for the Sanhuangdao project. This project is a project to increase investment in New World Real Estate Company. There are many introductions to the entire project, and there are many things to say. I will simply say, let me see the rest yourself. This project is led by Datang Group. It has been discussed with me for almost half a month recently. In the past half month, I have been discussing this project with Datang Group Chairman Lu Ying and her daughter Zhang Youyou. In short, this project is to build a boutique residential community in second-tier and third-tier cities. This is a brand new real estate foothold, with huge market potential and scale, and a strong desire for market demand. The most important point is that the market is basically in a blank state. To be honest, I admire Lu Ying very much. In the real estate industry, her vision is very unique. The Datang Group has been studying this project for a long time.

All the research data have been released, and it is proved very good. You have got the complete project instructions given to me by Datang Group. There is a thick stack, right? I have also arranged a special team to conduct research on this project. Although the results have not yet been released, I think it is impossible to be wrong. I personally think the entire project is very valuable and is a project that cannot be missed. I think we should seize this opportunity. I negotiated with Lu Ying.

The content of the project has been changed many times. As for the oral agreement I finally reached with her, based on the existing New World Real Estate Company, we invested 40 billion yuan in New World Real Estate Company. Datang Group invested 50 billion yuan in it with Datang Real Estate Company as the main body. Adding the assets of New World Real Estate Company itself to form a new company with assets of 100 billion yuan. We accounted for 48% of the new company and they accounted for 52% of the shares." Li Yuxin finally emphasized.

"If this project is done, it will be the largest investment project in the history of domestic private enterprises. The investment of hundreds of billions of yuan has never appeared in the history of civil enterprises. Let me explain why we hold 48% of the shares, while Datang holds 52% of the shares. This is what Datang requires. First of all, we must promise that even if we have money now, we will never dare to invest all the money in this project. Four hundred billion is the biggest investment I can accept. According to the initial Datang Group, we and them each contributed their own investment.

To be honest, it is too high for us. If we want to develop ourselves, we dare not put all our eggs in this basket. Moreover, we do not have as strong strength as Datang Group, so my idea is still to be safe. Secondly, we hold the majority of the company's shares, actually has little effect. Everyone knows that Datang Group is actually the real estate industry in the traditional sense. It started with real estate and has been one of the largest real estate companies in China. They have rich experience in operating and developing local production projects, while we look at it, ours

It is actually not very related to the real estate industry, and we are unfamiliar with this industry. Therefore, we are destined to be only investors and never become operators and managers, so we don’t need to go to the majority of shares. On the contrary to us, Datang Group actually needs a majority of shares to ensure that the company is managed by them. Therefore, everyone takes the needs and we give up the majority of shares, which means we give up the company’s management rights. In terms of funds and shares, Datang Group has also made a lot of concessions for us, with an investment of 400 billion yuan.

We hold 48% of the shares, which is already the biggest concession that Datang Group can make, and it has completely achieved the goal we want. This project will be the key project we will study next. Well, this is the first batch of projects that I think are not bad at present. Of course, there are still several projects in my place, but I think we will give priority to these projects first for the time being. Let’s discuss them one by one. Break down on everyone’s opinions and express your opinions. We will try to approve all these projects this morning, and let’s start with the first project." Li Yuxin said at the end.

Then the conference room became lively. The current veteran group didn't want to start. Basically, Ye Lingtian had the final say in everything. Basically, no one would give any opinions on what Ye Lingtian said, but now it is not. Now, the approval of large-scale projects like this is approved by Wang Li first. Wang Li thought it was feasible and would submit it to Li Yuxin for approval. Li Yuxin thought it could be tried. Wang Li would arrange for people to conduct detailed research, market analysis, etc. on the project, and then feedback it to Li Yuxin after the exact market data was found.

After Li Yuxin looked at the data, she felt that there was strong operability and then submitted it to the board of directors for collective discussion and approval. Finally, it will be truly implemented after receiving approval from the board of directors. Of course, what is being mentioned here is large-scale projects, while small projects are not so complicated. This set of rules was formulated by Li Yuxin himself and is now strictly enforced. Of course, this is what Ye Lingtian wanted to see. He did not want to see that the entire company was decided by himself and had no say, and that kind of company would sooner or later have problems.
Chapter completed!