Chapter 256 [This strategic plan is not worth hundreds of billions]
Chapter 256 [This strategic plan is worth hundreds of billions]
Fang Hong looked at Hua Yongming and his son and said clearly: "These 40 billion yuan bought your house in Huayang. Did your Huayang Group's performance surge by 40 billion yuan? Did the debt ratio drop suddenly? Then you guys
Push it up again."
The reduction of debt means that you can continue to increase leverage. In human terms, it means that you can continue to borrow money from the capital market. Professionals call this refinancing.
The essence of finance is to borrow money. This sentence was vividly explained by Fang Hong at this moment.
Fang Hong continued: "We signed the agreement first, but I will not actually transfer the 40 billion to your Huayang Group's account. The money will be left safely in the account of the shell company. Reflecting on
Your Huayang Group's report shows 40 billion in accounts receivable, and you take these 40 billion in accounts receivable to the market to raise money."
Of the 40 billion, 23 billion are private equity funds. Those who are really willing to come and support us can get 3 billion, which is as high as the sky.
23 billion, what kind of era are we in now? How can we just say it’s done? The market brings so much money?
Therefore, it is no surprise that Qunxing Capital can only put it in its left pocket and put it in its right pocket, and spend 20 billion on its own to transfer it to the shell company's capital plate.
It is absolutely impossible for Fang Hong to spend Qunxing's money on Huayang Group, not to mention that there is no sign of the house yet, so just send the money? With his risk isolation and risk control awareness, he will never do such a stupid thing.
Hua Yongming responded: "No problem."
Once Huayang Group has this 40 billion accounts receivable in its books, it can continue to use it for financing.
Fang Hong said again: "I will pay 40 billion to buy your real estate that does not exist yet. I will not really ask for those prescriptions. In the future, you will have to pay for the repurchase. No accident, the real estate in the first-tier areas can increase several times.
In the future, I will double my capital and exit from this 40 billion yuan, with a premium of about 150%."
Tian Jiayi, who was standing next to him, couldn't help but calculate in his mind. He was shocked to see that a premium of +150% meant that Huayang Group would have to spend 100 billion to repurchase it in the future.
Qunxing Capital actually did not transfer a dime of cash to Huayang Group, but Huayang Group will give Qunxing Capital 100 billion to buy back in the future. Of course, Huayang Group will also not actually deliver a house to Qunxing.
capital.
In other words, these 40 billion houses are actually used as financial assets to act as a bridge for funds, in order to replace liquidity in the capital market.
The houses are actually in the hands of Huayang Group, and the cash assets of 40 billion are actually in the hands of Qunxing Capital.
But the house is reflected on the asset income statement of Qunxing Capital, which means that the house is nominally owned by Qunxing Capital, and the 40 billion cash is reflected on the asset income statement of Huayang Group, which means that the money is
In name, it belongs to Huayang Group, but it is just accounts receivable.
In fact, that's what happened.
After such a complete set of capital operation processes is completed, the cash-strapped Huayang Group will usher in an unprecedentedly abundant liquidity situation. It will not be a problem to obtain hundreds of millions of liquidity. These hundreds of billions of funds will support its rapid expansion.
The vast majority of this 100 billion liquidity is used by Huayang Group to acquire land frantically, and then mortgage the land backhand to the bank to replace the liquidity and continue to acquire land for land acquisition. 100 billion liquidity is enough to leverage at least
With a capital scale of 500 billion, this expansion speed has two legs tied to the rhythm of a rocket booster.
Huayang Group will maximize its "three highs and two fasts" strategy of "high debt, high leverage, high turnover, quick acquisition of land, and quick sales". Not surprisingly, Huayang Group will be able to achieve success in just a few short years.
It is not an unattainable dream to surpass Wanji and become the largest commercial real estate group in the country within this year.
It’s okay to increase leverage now, because the country’s economy is in a stage of rapid development, with double-digit economic growth every year, which can continue to offset the losses.
Then before the end of 2017, it completed the reduction of debt and leverage, and started to make cash the king. When everyone rushed in, Huayang Group threw the last copper plate to other players in the market.
Don’t make this money.
While other real estate companies are stuck in the quagmire and frequently experiencing thunderstorms, Huayang Group has already been on the shore early. By that time, Huayang Group's brands will become the first choice for many households who are in urgent need.
Because if you buy a house from another real estate company, you may lose both your money and house. It doesn’t matter if you empty out six wallets. If you buy a house that is not completed, you will lose both your money and house.
At this time, the debt level of Huayang Group, which went ashore, was reduced, and the company's cash reserves were super abundant. The quality of its newly developed properties was guaranteed, and the delivery was guaranteed without any default.
There is no doubt that the households with primary needs will choose the properties developed by Huayang Group. At that time, the few households with primary needs will still be able to ensure the stable performance of Huayang Group. At that time, households with primary needs will not be able to support all real estate companies, but they can support Huayang Group.
The group is absolutely out of the question.
…
At about 17:00 in the afternoon, he took his beautiful assistant to say goodbye and left the Huajia Villa.
This time, in addition to canceling the 10 billion beneficial interest exchange agreement for the next thirty years, I also played a guest role as a "consultant" for Huayang Group, providing advice on how Huayang Group should plan its commercial real estate development in the next ten years.
A complete set of detailed strategic solutions.
"Haha, okay, just do what Fang Hong said." Hua Yongming was also very excited at this time, and he said with a smile: "The strategic solution he gave is not worth 100 billion.
It’s too much.”
Now Hua Yongming is very sure that according to Fang Hong's thinking, there is a chance that Huayang Group's assets will reach the trillion level in ten years.
The assets are in the trillions!
Before this, even Hua Yongming never dared to think about it, but now he increasingly feels that a trillion-dollar asset scale may not be impossible.
"Father, according to the agreement, our Huayang Group will use 100 billion to buy back in the future, which will be treated as a 'consulting fee' for him." Hua Yu suddenly said this, and his father was stunned when he heard this.
He couldn't help but nodded and said with a smile: "That's what it is, and that's right. That little fox will never do business at a loss. Of course, I, Huayang, will definitely not lose money if I give him 100 billion in 'consulting fees'."
If it had been placed a year ago, Hua Yongming might not have approved it.
But today is different from the past. With the development of Stars Capital, Fang Hong has shown strong talent in the capital market and outstanding foresight in the business field. These are all reflected in Stars Capital’s current net assets of more than 200 billion.
, and the weight of every word he said in Hua Yongming's heart became more and more important day by day.
…
At the same time, Fang Hong took his beautiful assistant out of the garden of Huajia Villa.
The two of them headed towards the Maybach parked at the outer gate. At this time, Tian Jiayi seemed to be thinking about himself and said leisurely: "Today I have seen the horror of many financial derivatives under the operation of capital. I am really a white wolf with nothing."
If you take it to the extreme, if Huayang Group does this, other people will definitely follow suit when they see how profitable it is by playing with capital operations. Who will continue to invest in the real economy in a down-to-earth manner in the future?"
Hearing this, Fang Hong glanced at the beautiful assistant who was following him, and immediately said with a smile: "I can do it!"
Tian Jiayi immediately looked at him, looked at him for a moment, and then said with doubts on his face: "You? Are you going to do business? These capital operation ideas are all your own..."
When she heard that Fang Hong said that he wanted to engage in industry and invest in the real economy, the beautiful assistant was full of disbelief. In her opinion, Fang Hong was the last person to do this.
The two of them quickly got into the car, and the Maybach car immediately started to drive away slowly.
Fang Hong looked at Tian Jiayi who was sitting on his right and said with a smile: "Only children can make choices. Adults want everything. If you are purely playing financial capital arbitrage, you are fine if you are small. But if you are big, you dare to keep playing.
If you go down there, you are being ignorant, and you are digging your own grave. The day when you hang up the street lights is not far away."
Tian Jiayi couldn't help but be slightly stunned.
Fang Hong withdrew his gaze and said slowly: "So, industrial capital is another major strategic layout of Qunxing. Even if the profits of the real industry are far less than those of financial capital, we must continue to increase investment and continue to increase our holdings of heavy assets.
Only by increasing the scale of investment in the real industry can we bring a large number of jobs to the society. Qunxing must take concrete actions to practice the saying of 'financial service entities'."
The company's strategic investment in Radiant Group, holding 15% of the shares, is the beginning of financing for the real industry.
Including the project of swallowing up Hengtong Pharmaceutical Group, Stars Capital has no intention of killing the goose that lays the goose to lay eggs, cashing out and leaving, and leaving nothing behind.
Wang Qingxiong will definitely be kicked out, but the Hengtong Pharmaceutical Group he founded is one of the top private pharmaceutical groups in the country. This is actually not easy, and it cannot be wasted like this.
Fang Hong's decision was to split and reorganize it after taking it, and then continue to operate it.
