The most important thing is that the Penghu Bay project has brought huge benefits to Jiang Zhihao.
Originally, Dong Qingyun planned to use this project to push his Qingyun Real Estate to the tens of billions threshold. However, due to his son's affairs, he had to sell it to Jiang Zhihao at a low price.
Later, the planning of the subway line and the Northwest New District directly increased the profits of the Penghu Bay project several times.
After selling more than 4,000 houses, a total of 1.6 billion in cash was obtained. After excluding various bank loans, land purchase, construction, staff salaries, operations and other costs, there was still about 3 billion left in the end.
profit.
So why do many real estate developers have to jump off the building when their capital chain is broken?
Because real estate development itself is leveraged, with 100 million in capital in hand, they dare to do projects costing 1 billion. As for the other 900 million shortfall, it all depends on bank loans.
In a sense, as long as you have a house and land, banks will dare to lend you money. This is why the corporate debt ratio of most real estate developers is as high as 60 to 70%.
With sales of 10 billion, the final profit is only about 20%, which is not as high as people imagined. And before the house is sold, the risks they have to bear are much greater than the profit.
And Dong Qingyun's incident also gave Jiang Zhihao a clearer understanding of the world.
Like Dong Qingyun, there were many others who were unintentionally and seriously damaged in the stock market crash. The previous madness of the financial market has now become a lament for countless people.
A large number of real assets have been sold at low prices in the past two years. Judging from the rules of later generations, this is the best time to buy lows.
After these two years, it is no longer possible to buy assets at cabbage prices.
The entire country, and even the whole world, has clearly realized that only the real economy is the basis for stability, and no matter how much other things are said, it is in vain.
In the years that followed, no matter how the economy developed and how many new industries emerged, real assets remained extremely popular.
The country intends to lean in this direction, and it has determined that it is a long-term and lasting strategic plan. Naturally, there will be countless capitals willing to pay for it.
It's a pity that although Jiang Zhihao understands this truth, he has too little money in his hands.
At present, many high-quality assets are being sold at low prices, but he can only watch helplessly, which is really a pity. If it were not for the more than 3 billion funds brought by the Penghu Bay project, it would be even harder for him to do things.
Later, Jiang Zhihao sent the selected list to Li Bing and said: "I have circled what I need to buy. Also, tell Dong Qingyun that I will discuss the specific purchase with him in person. Before I go,
Tell him not to mess around."
Hearing Jiang Zhihao's words, Li Bing felt relieved.
Because Dong Qingyun came to her this time, not only wanting money, but also hoping to meet Jiang Zhihao.
Maybe in his heart, he feels that this is the only one who can save him now.
"Okay, I will tell him, but when can you come?" Li Bing asked.
Jiang Zhihao thought for a while and replied: "About two or three days."
Li Bing hummed and said nothing more. After hanging up the phone, she went to Dong Qingyun and informed Jiang Zhihao that she would come here to negotiate with him about the industry in person.