Seven Hundred and Sixty-Nine. Profit 800 Million
When he arrived at the company, Zheng Shan came directly to the conference room. Bai Yi and Du Yougao, who were still yawning, immediately became energetic.
"Didn't you have a good rest yesterday?" Zheng Shan asked with a smile.
Bai Yi replied: "It's okay, I just got up a little early and haven't adjusted yet. I'll be fine soon."
After chatting for a while, Bai Yi and the others got into the mood, and Zheng Shan also started talking about business.
"Mr. Du, please first report the general situation of Xishui Real Estate Company." Zheng Shan said.
Zheng Shan has never managed the Xishui Real Estate Company very much. It is similar to the clothing company. He basically has no involvement at all.
In fact, for this kind of company that provides no other help except providing funds, Zheng Shan will not intervene under normal circumstances.
There are specialties in the art industry, so leaving it to professionals is a good choice.
Du Yougao had already made preparations, and without hesitation at this time, he said directly: "At this stage, our Xishui Real Estate Company is mainly developing in Pengcheng and surrounding cities. There are currently 22 construction sites under construction."
Zheng Shan interrupted: "There are twenty-two people working together? Can your funds be enough?"
Twenty-two construction sites were started at the same time. Although some of them were large and some were small, they were definitely not a small number.
For Xishui Real Estate Company, although Zheng Shan has continuously injected capital several times, it should not be enough to support the start of so many projects at the same time.
What's more, there are other projects that must have arrears, loans from banks, etc.
Du Yougao said with a smile: "Nearly ten of them were just started in the past three months."
"Didn't you tell us to gradually withdraw from Japanese real estate? The funds on hand are completely sufficient now."
As he spoke, he couldn't help but said: "We just invested in some real estate this time and did not personally participate in it. But so far, as long as we can successfully sell all the properties in our hands, we can make a profit of at least 800 million US dollars." !”
Speaking of this, Du Yougao was really excited. He didn't expect the real estate to be so violent.
If Zheng Shan hadn't strictly prohibited him from participating in Japan's real estate opening and only cooperated with some Japanese real estate developers, he would have been really tempted.
It's so easy to make money, just buying a house, and then you can see the house prices rising the next day.
If Zheng Shan hadn't ordered him to gradually sell the properties in the Japanese market, he would have been reluctant to part with them.
Because until now, Japan's real estate market is still soaring.
Selling it means losing money, but no matter how reluctant you are to give it up, Zheng Shan's orders still need to be resolutely implemented.
So Du Yougao's heart is still bleeding a little now, and he really can't bear to part with it.
Zheng Shan also smiled when he heard this. He didn't pay much attention to the independent investments in other companies. All his energy about Japan was put on Xi Shui Investment, which was the big one.
The wealth Xishui Investment reaped from the Japanese market this time will definitely exceed that of the U.S. stock market crash.
Because this time for Japan’s economic bubble, Zheng Shan had been preparing for such a long time and had planned it from the beginning.
Even before the Plaza Accord was signed, he had already begun laying out the plan.
Even the signing of the Plaza Agreement, Zheng Shan was involved behind the scenes. If he earned less, Zheng Shan himself would not be satisfied.
What's more, harvesting the wealth of the United States only makes Zheng Shan happy, and most of them are happy for the increase in money.
But by harvesting Japan's wealth, Zheng Shan gained more than just increased enjoyment of wealth.
Zheng Shan has left absolutely no room for this Japanese economic harvest, and it is only the beginning now.
Zheng Shan said with a smile: "It seems that the profit is not bad. With this money, Xishui Real Estate Company should be able to develop rapidly, right?"
"Well, it's a lot easier now. And the reason why we started so many projects at once is that in addition to our increased cash now, the more important thing is the requirements of the Pengcheng government." Du Yougao said.
Zheng Shan raised his eyebrows, he really didn't know this.
Seeing this, Xia Laidi quickly whispered something into his ear. Only then did Zheng Shan understand and signaled Du Yougao to continue.
Du Yougao also submitted a report on this matter, and Xia Laidi also sorted it out, but Zheng Shan didn't pay attention.
Zheng Shan only glanced at many things, and as long as they were not particularly important, he would not take them to heart.
Du Yougao continued: "As for the bank, no matter which bank it is, the reputation of our Xishui Real Estate Company is very good."
"As for our Xishui Real Estate Company, until now, the debt ratio has actually been controlled at around 30%, and the highest it did not exceed 40%."
With such an asset-liability ratio, it is simply too easy to borrow money from banks.
Some banks even directly gave gifts and benefits to Du Yougao in order to obtain loans from Xishui Real Estate Company.
Du Yougao originally obtained most of his bank loans from Xishui Bank. After all, they were all the same company.
However, in order to develop better in the country and in response to the requirements of the Pengcheng government, he will still borrow money from other banks, especially some banks supported by the Pengcheng government.
No matter which bank you go to, the loan interest you need to pay is relatively low.
"Now, in addition to some of the company's own projects, we have also begun to contract some projects. These are mainly municipal government projects." Du Yougao said.
This is also the development direction that Du Yougao is most satisfied with now. First, he has less to do, second, he earns more, and third, the loan cycle is relatively fast.
The quality and reputation of Xishui Real Estate Company have now been completely established. Just in Pengcheng and some surrounding cities, if many people choose to buy a house, the first thing they choose is the projects opened by Xishui Real Estate Company.
And some projects in Acquaintance City, such as parks and office buildings, have also made a lot of money.
Zheng Shan has been listening, and Du Yougao has been reporting positive news, so after hearing about it, Zheng Shan asked: "Are there any other difficulties in the company?"
Du Yougao was stunned at first, because he had said many times before that there was no problem with the company's development direction or his own hands.
In other words, there is basically no difficulty. Why does Zheng Shan still ask?
But he quickly came to his senses and said with a calm expression on his face: "It's not that there are no difficulties. For example, in some demolition matters, there are still some things that are not done well."
Zheng Shan's expression remained unchanged and he said, "Tell me carefully."
He didn't hear any negative news, so even if there were some problems, it wasn't a big problem, so he didn't show any dissatisfaction.