The Su family has always done business in a very orderly manner.
Moreover, it is still 1999. As the richest family in the casino city, they can get preferential treatment on many small issues.
For example, the "City of Thousand Cores" plan.
The land in front of Pengcheng is not too critical, it is just a tidal flat for reserve purposes.
In addition, it involves large investments, and they are all high-tech and real estate projects that are of great concern to the authorities, which results in the approval documents being green-lighted all the way, which is extremely efficient.
Office land is expected to be priced at the lowest price, and factory land is half sold and half given away. Even if you spend some money to get the land now, it can be deducted later in the form of investment subsidies and tax exemptions.
Even with regard to the joint venture to establish an urban investment and development company, some people have privately said that they agree in principle, but some details still need to be discussed.
For example, they hope that Su Yehao will spend more money to buy some land in the early stage, and then use the funds from selling the land to reclaim the sea and build infrastructure.
Construction and development are taking place everywhere in Pengcheng, and funds are quite tight.
In fact, it is not just Pengcheng that is short of money, it is the same across the country. In the past few years, countless companies have gone bankrupt and closed down.
Banks have so many bad debts that they have to find ways to set up four asset management companies to deal with the problem of non-performing assets of the four major banks. The total number of non-performing loans is about 3200 billion yuan, second only to the stagnant economy in Asia.
Japan.
Foreign institutions have also made special analyzes and estimate that the proportion of non-performing assets of the four major banks may exceed 40%, or even 50%, which directly leads to foreign financial institutions not dare to enter the mainland, and not many people dare to hold RMB assets.
Compared with this, many so-called crises in later generations are not even small troubles. They can only be said to be used to the good life and gradually become squeamish.
In this situation.
Su Yehao and his father have repeatedly invested heavily in the mainland market, which can be said to be both merit and hard work. They can set an example throughout Southeast Asia, even Asia, and the world, and are extremely helpful in boosting market confidence.
That’s why the document about the City of Thousand Cores plan was given the green light all the way, without any urban planning or land acquisition regulations, and everything was done in the name of a high-tech industrial park.
There is precedent for this approach. When the Qu family in the port city developed Nansha, the procedures were particularly smooth.
But after all, this is no longer the 1970s and 1980s. This park is mainly led by Su Yehao, and other powerful companies will also be able to participate...
——————————
Over there at Sijiucheng.
Seeing that the City of Thousand Cores project was coming to fruition, the team leader made a phone call to Su Yehao on the morning of the West Coast of the United States as if he wanted to take credit.
A few minutes ago, Su Yehao had just found an opportunity to talk on the phone with Nong Qingying who was far away in Japan, and he was in a good mood.
When he learned that the plan would be passed by the middle of next month at the earliest, he was happy but also had a headache, mainly because the funds had not yet been received, but the superiors wanted him to buy more commercial and residential land and then use the funds to reclaim the land.
, build roads, build docks, use special funds for special purposes.
After understanding the general situation, Su Yehao asked someone to send the document to his mailbox, which listed some controversial parts.
There is nothing to say about the land. I guess the money from the initial land sales will have to be reinvested. I don’t have the shame to force people to make concessions.
The current controversial points are mainly focused on unplanned... Some people hope to take advantage of the opportunity to enter the wafer foundry field to resolve some non-performing assets and legacy problems. For example, it took seven years to prepare, but fell behind as soon as it was put into production.
Huajing Company fell into serious losses.
In addition, Huahong Company, which had just started production and suffered heavy losses, also performed poorly. Even though it used Japan's more advanced technology, it was only barely qualified.
Huahong just wanted help from him, but Huajing planned to sell it at a low price. It lost more than 100 million last year and has fallen into bankruptcy.
Su Yehao didn't understand the situation, so he simply called Zhang Rujing, who had already gone to Texas Instruments for inspection, and asked about the general situation.
After Zhang Rujing listened, he told on the phone:
"Actually, last year I was invited by others and helped Huajing to improve their yield rate. Later, the island refused to help improve the mainland's semiconductor industry to avoid cultivating competitors and forcibly stopped all projects.
He was transferred away."
"It took two years for Huajing to be approved, three years for technology introduction, and another two years for construction. I think the Japanese deliberately delayed the time in order to avoid Batumi restrictions. Their export of semiconductor technology to the mainland generally follows N
-2 principle approval means that it is two generations later than the most advanced technology. If you continue to delay, the technical equipment you get is usually three to four generations behind the most advanced level. It is strange that you can make money.
"
"Huahong in Shanghai learned its lesson and accelerated the approval and construction process. Unfortunately, the price of DRAM memory chips fell as soon as it was put into production. If you ask me, it is possible to acquire it. A group of workers and equipment can be used, and the factory building
It is also ready-made, and you only need to upgrade the equipment. However, I suggest that when you invest, it is best to place the first wafer foundry in the port city, so as to have the opportunity to avoid the idleness of Batumi. I am worried that others will cause damage..."
After Su Yehao heard these words, he probably knew something in his heart and told:
"Okay, falling behind step by step, falling behind step by step, sounds really tricky. I'll ask people in Hong Kong City for their thoughts later. It's okay to accumulate some experience first. Regarding the issue of joint ventures to develop lithography machines,
Please pay more attention to Mr. Zhang."
"Yes, it is within my responsibilities. If I can see the boss of TSMC with a dark face, I will be quite happy. That old man has nothing to do with me." Zhang Rujing said with a smile.
…
Many plans are advanced.
Su Yehao thought he should hurry up and get some cash back.
As for the business of continuing to invest in Nasdaq Internet concept stocks, you can actually use options and futures. The disadvantage is that the risk is slightly higher, but you still have the opportunity to continue to make money.
After checking the trend of Yahoo's stock price in the past two years, he decided to cash out a batch of shares first, which accounted for 2.73% of Yahoo's total share capital, and was expected to be able to cash out about US$1.4 billion.
If someone is willing to pay a premium, they might be able to sell it for more money. With the current hot market, there is no need to worry that no one is willing to take over.
This kind of transaction is easiest to find a buyer through investment banks, funds and consulting companies. Su Yehao called Lin Youfeng, Vice President of KOKO Venture Capital, and asked him to let the news out first.
It happened that the news that Yahoo tried to acquire Google for US$1.2 billion but was rejected by Su Yehao was making a fuss in the market. This time he chose to "cut off" with Yahoo, which seemed reasonable and reasonable.
After making this decision, Su Yehao thought he would feel physical pain, but he didn't.
Although I know that Yahoo still has the potential to continue to rise, but the market value has reached this level, there is not much room for growth, so I don’t need to care too much.
If you use your money to increase leverage and go long on Nasdaq stock index futures, the income is likely to exceed the profit from continuing to hold Yahoo positions. If you are really evil and wait until the stock price rises to the sky, there is also the risk that no one will be willing to take over.
so.
After Su Yehao thought about it carefully, he called Lin Youfeng again and told him:
"By the way, one more thing. If the buyer's price is right, you can also sell the other 2% of Yahoo's shares for me. It's best to keep the transaction low-key, so as not to cause Yahoo's stock price to fall, and wait until it's sold out to make it public..."