Chapter 729: Land sale, capital return

Because of Menshen Real Estate, Li Dong did not go out in May.
Although Wu Yajun made several phone calls to invite Li Dong to come and see, Li Dong still refused.
Yao Hong, as Xu Shengzhe said, is an outright businessman.
Seeing that Menshen's reputation was almost stinking, plus Longhua and Dongyu's eyes, Yurun fell into the rock, at this time Yao Hong wisely chose the brave man.
Sell ​​its high-quality industries and divest inferior assets.
In just ten days, Jiangbei real estate giant disappeared.
...
Provincial Party Committee.
Wu Shengnan came here for the first time and contacted Li Dong in life for the first time.
Watching Li Dong punching, watching Li Dong wiping his sweat, watching Li Dong leaning on the recliner in the sun comfortably ...
I do n’t know how long I watched it. Wu Shengnan suddenly smiled and said:
President Li does n’t live like a billionaire or a young man.

Li Dong smiled and said, "What does that look like?"
"Like an old man returning from a busy field."
Li Dong laughed and said: "You just say that I am a small farmer mentality, but also so elegant."
Wu Shengnan shook his head: "I don't mean that."
"No matter what it means, I mean it." Li Dong said with a smile, and then said: "Thirsty to pour tea, I will not entertain you as a guest."
Wu Shengnan politely poured himself a cup of tea.
Seeing the secretary standing next to her was a bit cautious, she pressed her hand to signal her to sit down.
After the two of them sat down, Li Dong squinted and sunbaked for a while before saying: "I have found the house, why is it so urgent?"
"I heard that President Li wanted to sell Dongyu Real Estate."
Li Dong wondered: "Who listens to it?"
Wu Shengnan didn't answer, but said with a straight face: "Mr. Li, I want to know if this news is true?"
Li Dong shook his head and said: "It is rumored that I really want to sell Dongyu Real Estate. As the president of Dongyu Real Estate, can I still bypass you?"
"What about selling the land under Dongyu?" Wu Shengnan asked again.
Li Dong did not reject this time, nodded and said: "Having this idea."
"Why?" Wu Shengnan had some disagreement: "At this time, what is the difference between selling Dongyu's land and selling Dongyu Real Estate?"
"As Menshen fell, Jiangbei respected Longhua and Dongyu. At this time, we should make persistent efforts to take advantage of this opportunity to expand Dongyu, to seize the market in Jiangbei and fill the market gap left by Menshen.
"Dongyu originally had little land to hoard, and finally caught the opportunity to rise in the two incidents.
It was at this time that Longhua's main focus was on new city development, and the Jiangbei real estate market was largely blank.
IMHO, if I were President Li at this time, I would rather give up the shares of Sichuan Airlines and the expansion of the mall, but also seize the opportunity to grow Dongyu into a leading real estate enterprise in one fell swoop.
It is said that a hundred birds is worse than a bird in the hand in the forest. Don't take the opportunity in front of you, go to fight an unknown. Doesn't Mr. Li feel too risky? "
Li Dong lightly laughed: "Don't worry about it first."
"I didn't say to give up Dongyu, nor did I say not to develop real estate.
I mean, slowly, now that the real estate market is too hot, I'm a little worried.
Compared with last year, land prices have risen by more than 50%. Do you think this is a normal market response?
Many people seem to see the mobile Jinshan, tycoons in other industries have entered the real estate market.
Land prices are getting higher and higher, and house prices are increasing more and more. If this continues, I feel that the crash is not far away.
We are in a hurry because everyone else is in a hurry.
Especially now that most real estate companies are bank loans, it seems that their own money is not distressed, and they are constantly pulling up the price of land.
But the land is too late to develop, waiting for the next successor.
This game of drumming and passing flowers will not last long. People with a clear eye know that the crisis is coming.
You see, once this trend is felt above, banks have a lot of bad debts, and a little tightening of the money will cause a large number of real estate developers to go bankrupt and jump off the building. "
Wu Shengnan frowned slightly: "I admit there is such a trend as you said, but others are others, we are us."
"Dongyu Real Estate is different from other companies. Since the payment last year, our debt ratio is very low."
"Banks are tightening their money, and other real estate companies may experience funding breaks, and we will not."
"So I think Mr. Li is too worried, and don't take advantage of the market now and wait for the market to be occupied by others. Later, if we want to develop, we have to reopen the market, which is not worth the money."
Li Dong did not refute, nodded and said: "The situation you said is also very reasonable, but after all, the land still has to be sold."
Wu Shengnan's mouth twitched, what logic do you have?
Since what I said is reasonable, you still want to sell land?
The land of Dongyu Real Estate is not too much. Once it is sold, the huge company is really empty.
It is clearly in a period of rapid development. At this time, Dongyu Real Estate should develop a lot of real estate, hoarding the land and gaining a reputation.
But Li Dong chose to do the opposite. He chose to give up during the rapid development of Dongyu Real Estate. Wu Shengnan couldn't understand what he wanted to do.
Seeing her silence, Li Dong smiled and said, "Don't worry, sell it for sale, I didn't say not to buy it back."
"One year or more, half a year, the land I sold will come back, and I have to return twice.
The reason why you choose to sell land now is to understand my difficulties.
The company is expanding everywhere, and the capital cannot be turned around. I don't want to raise money, I can only sell the land.
Otherwise, even if the land is left in my hand, I have no money to develop now.
The government has also been cracking down on it recently. Once the land that has not been developed for two years appears, it is really necessary to recover the land use rights.
Now most people are committing crimes against the wind, and nothing will happen. If something goes wrong, they cry.
We sold the land first, I had the money in my hand, the capital was turned around, and other places would be much easier to manage.
And soon the expansion in Jiangsu and Zhejiang will be completed, and when the store is officially put into use, we will slowly start to return to our capital.
From the second half of the year to next year, our revenue will usher in an outbreak period. At that time, it would be better to have money, money, people and people than it is to be stretched now? "
"But why is Dongyu?"
Wu Shengnan still feels a little uncomfortable, and Dongyu Real Estate is always suppressed in the distance.
As a profitable subsidiary company, Wu Shengnan believes that the real estate company is not even worse than a supermarket.
But Li Dong expanded supermarkets, expanded shopping malls, expanded logistics, but chose to abandon Dongyu Real Estate among the four subsidiaries, which made her willing.
Li Dong spit out: "It's not that you give up Dongyu. Selling land doesn't mean giving up. You need to understand this. The land is sold. During this time, we can build a solid foundation and prepare for the next rise. Whether it's Dongyu's The property is still infrastructure, but I have never said that it will be abandoned.
Not only will I not give up, I will invest further to expand the scale of these downstream subsidiary industries.
Think about it for yourself, will I do this if I really give up Dongyu?
And now that Dongyu Real Estate is messy, many things have not been digested, and it can't be developed by holding a few pieces of land. What great effect can it have?
Lao Wu, relax your mind, do n’t just stare at your one-third of an acre ... "
Wu Shengnan looked at him with a black line on his face. What does it mean to be broader-minded?
Does this mean I have a small belly and a narrow mind?
He didn't compare this with him, and when he heard Li Dong say he wanted to expand infrastructure and properties, Wu Shengnan felt slightly relieved.
In this way, Li Dong was indeed not prepared to give up Dongyu Real Estate, otherwise he would not say so.
Having figured this out, although still a little unwilling, Wu Shengnan didn't say this again, but turned to the topic and said: "If you really want to sell the land, do you want to sell it all?"
"How many places do we have now?"
"Including Beichuan and Pengfei, we have a total of 19 undeveloped plots."
"Excluding Pengfei and Beichuan."
"We have acquired green land before, plus this acquisition of several plots in Menshen, as well as our own hoarding, there are 16 plots in total."
Li Dong calculated it slightly and said, "What is the total area?"
"About 3 million square meters."
"If sold according to the current market conditions, how much is the value?"
"Between 6 billion and 8 billion."
Li Dong was a little surprised and said: "The drop is so big?"
The difference of 2 billion between the upper and lower is not so big. The data given by Wu Shengnan makes him a little strange.
Wu Shengnan coughed: "6 billion is the current market, and 8 billion is the company's expected market in six months to a year."
Li Dong rolled his eyes and immediately understood what she meant.
The woman still didn't give up, telling herself in a roundabout way, it's better not to sell it now, or else it will lose up to 2 billion.
Li Dong didn't care about her, but figured it out in his heart.
Dongyu Real Estate has not made much money this year, even if it is calculated according to the current 6 billion, he also made a lot of money.
Many of the 16 plots were eaten by Li Dong at a low price.
Including the previous green land and this time Menshen, the plots hoarded by both sides are high-quality plots, and the result was taken by Li Dong for one reason or another.
Coupled with the constant rise in land prices over the past year, his profit has at least doubled. It is no wonder that Wu Shengnan is reluctant to make such a profit.
After thinking about it, Li Dongdao: "From now on, slowly release the plots, do not put them together, try to clear the plots in our hands within 3 months."
Wu Shengnan sighed slightly, then nodded and said no more.
Li Dong said to himself: "With these 6 billion yuan, in addition, you will also release the repurchased properties while the price is now high. The rebate can reach about 8 billion yuan, excluding various expenses and taxes. With loans, is it not a problem to get 6 billion? "
"It should be more than 6.5 billion." Wu Shengnan calmly said.
"Well, with these 6.5 billion, things will be much easier to handle."
Li Dongsong said with a sigh of relief: "And we still have Beichuan and Pengfei, but not all are empty, are you right?"
Wu Shengnan smiled reluctantly, even if Pengfei and Beichuan were left, Dongyu fell from the first-line real estate company in Jiangbei to the second-line. This kind of difference is really difficult for people to accept.
Besides Pengfei, they are only holding, and they have to play with Wang Pengfei ’s fat man.
Suddenly, it became a company that belonged to itself, and suddenly it became necessary to share with others. When the time came, a board of directors had to be established, and Peng Fei's voice was not low. This made Wu Shengnan happy.
Although Li Dong knew that she was uncomfortable, it was also impossible.
If you want to develop from afar, you have to spend money.
At present, it seems that the fastest payment is the sale of land, so you can't sell supermarkets.
The land can be bought again if it's gone, but it's gone when the supermarket sells it.
With this repayment of more than 6 billion, although the money on the company's book is now spent by him, Li Dong is not worried at all.
Whether it is a shareholding in Sichuan Airlines or Beijing-Tianjin investment in the next few months, this money will be enough.
If there is no accident, the company can still withdraw part of the funds for other development, at least enough to meet the expansion of the mall.
In addition, Dongyu Real Estate is not really an empty shell. The land in the western urban area alone is not low in value, and the commercial street project being developed by Pengfei Real Estate is also not low in value.
As long as these two things are in hand, Dongyu has not really fallen into the ranks of the second line, but the influence has dropped a lot.
And the thing of influence, looking back, Li Dong once again acquired a large amount of land, and naturally came back.
After all, the ground can't be developed by putting it in his hand now. Idle is also idle. It's better to take the opportunity to revive the plate.
Because Wu Shengnan didn't want to talk much, and had to go back to prepare for the land sale, he took the secretary and left the Provincial Party Committee compound soon after.
It wasn't until she left that Li Dong exhaled and said to himself: "I don't have to worry about money anymore."
As soon as he finished speaking, the phone rang.
Once connected, Wang Yue's happy voice came: "Mr. Li, the rough plan has been reached!"
"Sichuan Airlines?"
"Correct!"
"How many?"
"25% equity ~ EbookFREE.me ~ Sinotrans is a little more than our 26%, Chuanshu State-owned Assets Supervision and Administration Commission."
"25% ..."
A touch of discoloration appeared on Li Dong's face, so to say, if he joins hands with Sinotrans, or with Chuanshu SASAC, he can dominate Sichuan Airlines.
In the future, he will take over the shares of a family, which means that he can control the entire Sichuan Airlines.
Hu Si thought for a while, and Li Dong said again: "How much will it cost?"
"2.5 billion, but now it is only verbal agreement, if you are too much, we can talk about it ..."
"No, did President Yuan inform you there?"
"Preparing to notify."
"Okay, then you inform Mr. Yuan, sign the contract as soon as possible."
Li Dong urged a few words, and when he hung up, he let out a slight sigh of relief.
Although 2.5 billion is a little more, Yuanyuan is only a private enterprise after all. In addition, there is no added value to Sichuan Airlines in this shipping. It is inevitable to spend more money.
Sinotrans had more shares than his own, and the result was that he spent less than himself, and Li Dong could understand.
However, Li Dong does not lose money. Once the shares of Sichuan Airlines are won, the influence of Far East Logistics will become greater.
Only a year after the establishment of remote logistics, the land transportation system has expanded wildly, not to mention that even shipping has begun to deploy, in this case, even the entire remote will benefit.
If Yuanfang Logistics or Yuanyuan Group is a listed company, this good news is afraid that the market value will increase by more than 2.5 billion.
Thinking of those who just talked to Wu Shengnan, Li Dong can only say that the sale of land has to be done.
In his view, a quarter of Sichuan Airlines' shares are more difficult to acquire than land with severely stranded funds.
If he didn't sell the land, he might have a headache for money now.