Chapter 183: Trip to Taiwan and Successful Investment

Chapter 183: Trip to Taiwan and Successful Investment

Chapter 183: Trip to Taiwan and Successful Investment

"Okay." Zheng Zhijie agreed and said, "Mr. Yang, the Hong Kong government will hold an auction at the end of the month. There will be a lot of residential properties, and the area is not small. I plan to participate in the auction."

"Residential? Sure." Yang Wendong paused and asked, "Have we obtained the qualification to participate in the auction?"

"Yes, we can participate in the next auction." Zheng Zhijie said with a smile.

"Okay, that's also Changxing Real Estate's first battle." Yang Wendong nodded and said.

There are too many real estate companies in Hong Kong, and it is impossible for all of them to participate in the auction held by the Hong Kong government.

The most basic requirement is that the registered capital must exceed HK$100 million, have its own headquarters property, have some development experience, etc.

Money and property are easy to get, but there is no experience. For this reason, Zheng Zhijie used his connections and also set up a small tenement building property in Tsim Sha Tsui, which can be considered as having experience.

However, I still need to smooth over the relationship to see whether the Hong Kong government auction house will recognize it.

In the previous few times, Yang Wendong knew that there were a lot of decent land, but he just didn't have the opportunity to participate.

Zheng Zhijie handed over another document and said with a smile, "This is the information for the real estate auction at the end of the month. Among them, this piece of land in Admiralty, about 6 square feet, is considered the best residential property in this auction."

"Well, the location is not bad." Yang Wendong said after seeing the information.

Admiralty is close to Central and can be considered the second-tier location in Hong Kong. In the past, many wealthy Hong Kong people worked in Central and lived in Admiralty.

Even in a few years, Admiralty itself will be one of the most prosperous commercial areas.

Zheng Zhijie said: "The starting price of this land is 150 million Hong Kong dollars, and the plot ratio is 5.5, which means that a maximum of 33 square feet of residential buildings can be built."

"The current average residential price in Admiralty is around 20, right? That means the total sales volume will be around 700 million to 800 million in the end?" Yang Wendong asked after doing some mental calculations.

Zheng Zhijie nodded and said, "Yes, about the same. The construction cost of a 33 square foot house is about 200 million Hong Kong dollars. The most important thing is the land transaction price. It is estimated that it will be hyped up to around 250. If it is higher, it may be a loss.

Because interest has to be deducted, a normal real estate company may only pay a few hundred thousand yuan, and the rest is a loan, and the interest is very high. "

“Based on the normal interest rates in the real estate industry, it’s not impossible to make money. At most, you’ll make less.” Yang Wendong said with a smile.

Zheng Zhijie nodded and said, "Yes, but investing hundreds of thousands and borrowing millions from the bank is a big risk. If you can't make a million, it will be considered a failure."

"Well, OK, let's just consider this as a trial run." Yang Wendong paused and continued, "Like other real estate companies, we will use as little of our own funds as possible, and everything will follow normal real estate business logic."

If he came across land, property or assets like cinemas in the core area of ​​Central, he would definitely fight like a lion against a rabbit and take it down first;
But the more important purpose of entering the real estate market now is to train troops. Otherwise, when the real estate crisis comes in 66, he may have money but no troops to use. He can't rely on all the acquisitions of so much land by himself, right?

It would be too late to establish a real estate company by then, and the real estate crisis only lasted two years. After 68 years, we still need to develop the large amount of land acquired during the economic crisis. Therefore, we need our own real estate team now to gradually develop with the help of market expansion.

Zheng Zhijie nodded and said, "Okay, I will contact Liao Chong Hing Bank, and they have also promised to give us the greatest help."

Yang Wendong asked again: "Liao Chong Hing Bank is also backed by a real estate company, so doesn't that make it a competitor?"

Zheng Zhijie shook his head and said, "No, Liao Baoshan's real estate company is already using the funds of his bank. He can't possibly embarrass his bank's customers for the sake of the real estate company."

"Yeah, that's right." Yang Wendong nodded. Liao Baoshan was just arrogant and confident, but he was not stupid. He must have known that his operation was risky, but he was blinded by the interests and thought that his investment would not go wrong.

Zheng Zhijie then said: "Then I will go and prepare the relevant information."

"Okay, notify me immediately if there are any changes." Yang Wendong nodded.

He also attaches great importance to the first battle of his real estate company.

August 8, midsummer is here.

Wei Zetao came to Hong Kong China Building in Central.

"Come on, Lao Wei, it's so hot outside, drink some ice Coke." Yang Wendong said with a smile.

His favorite in summer is still ice Sprite, but it’s a pity that Sprite is not available yet; there are some sodas in Hong Kong, but he doesn’t like them very much either. Coke is still the most suitable.

However, the Coke of this era is different from that of the previous life. It is obviously sweeter, so sweet that Yang Wendong can't drink too much.

"Thank you." Wei Zetao took the Coke and said, "We waited for nearly an hour to cross the sea. Although there was air conditioning in the car, it was still a bit too hot under the direct sun."

"Yeah, it wastes time." Yang Wendong also said that he didn't really like running back and forth between Kowloon and Hong Kong Island during the hottest time of summer.

Wei Zetao added: "I heard that some government officials have proposed to build a bridge over Victoria Harbour. I hope it can be completed sooner, which will be much more convenient.
It’s OK for us who have cars, but ordinary people who need to cross the sea are the ones who are dying of heat.”

"I hope so." Yang Wendong followed.

He naturally knew that this matter would drag on for ten years. Perhaps he could intervene in the future so that the Hung Hom Tunnel could be built sooner.

The tunnel itself is also a very profitable investment, and if you hoard land on both sides of the tunnel in advance, it will be even more profitable. Compared with the income from the increase in land prices caused by infrastructure construction, its own income is nothing.

This is also one of the main benefits of building subways in many big cities in the past. The subway itself is a loss-making business, but the land prices near the subway stations are guaranteed, and the government can recover its costs by selling a few plots of land.

However, it is unlikely in the next two years as the timing is not right. The Hong Kong government will have to fight for several years whether to build a bridge or dig a tunnel. When real estate performance is good, such high-yield projects that can be seen by any discerning person will not be the choice of outsiders.

And such an investment is also huge. Originally, this tunnel cost 3.2 million Hong Kong dollars. Even taking inflation into account, such a large amount of funds is not something Yang Wendong can afford now.

After taking two sips of Coke, Wei Zetao said, "Mr. Yang, there has been progress at Formosa Maw. Wang Yongqing said he is willing to accept the investment, but he hopes you can go to Taiwan."

"I'm going to Taiwan?" Yang Wendong thought about it and agreed, "Okay, I should also understand the specific situation of Fumao."

Wei Zetao added: “After the successful acquisition, Formosa Plastics is also planning to buy a piece of land near the existing factory to build a new factory;

The ultimate goal of the factory's plastic production capacity is to produce 2000 tons per month. Initially, it will supply us, and then we will find ways to supply other plastic industries in Hong Kong. Mr. Wang even plans to export to Japan. "

"Haha, you have quite a lot of ambitions." Yang Wendong nodded and said, "Then let's go to Taiwan. It just so happens that I haven't been there yet."

Although Wang Yongqing's development history is not clear, he also remembers that in the late 70s, he became the top businessman in Taiwan, and Formosa Plastics became one of the largest plastic manufacturers in Asia. The development speed of this heavy industry cannot be compared with the Internet, finance and other companies, which means that his development speed in the past 20 years was extremely fast.

If this is the case, then buying shares now may be your last chance before the company takes off. Otherwise, once their products become popular overseas, it will be a hundred times more difficult to buy shares, or you may not even have a chance. At most, you can wait until they go public to become a larger retail shareholder.

On the third day, Yang Wendong took Su Yiyi, Aunt Guo, Zhao Liming's family, and Lin Haoyu's family to Wanwan. They all went there to have fun.

Wei Zetao and Hong Xuefei naturally went along as well, as they were going to work.

A dozen people directly contracted a ship in Hong Kong and sailed directly to Taiwan.

Above the sea, the sea breeze blows on your face. Even in the hot summer, it is not that hot above the sea. As long as everyone is not directly exposed to the sun, they will feel comfortable.

"It's so comfortable." Yang Wendong stretched and said, "Yiyi, when we have time in the future, we will go to Europe and buy a special cruise ship, so that we can go out to sea often."

"Oil tanker? Carrying oil?" Su Yiyi didn't react.

"No, it's a boat for fun." Yang Wendong smiled and said, "It's a small boat bought by rich people for fun in inland rivers or at the seaside."

"Oh." Su Yiyi also understood a little bit and said, "This is too extravagant. A boat is just for fun?"

Yang Wendong shrugged and said, "It's actually the same as our house. You said we make so much money and we can't spend it all, so we have to spend it when necessary.

As long as it is not too wasteful, this kind of normal consumption is meaningful. Otherwise, if the rich do not consume, the economy will be in trouble.”

Spending money and wasting are two different things. When you have money in the future, you can buy a private jet or a yacht. This is normal.

The next morning, the cruise ship arrived at the port of Taipei, and Yang Wendong set foot on Taiwanese soil for the first time.

Wang Yongqing also came to the port in person and said to Yang Wendong and others, "Mr. Yang, Mrs. Yang, Mr. Wei, Mr. Hong, welcome to Taiwan."

"Hello, Mr. Wang." Yang Wendong smiled and shook hands politely.

After some more pleasantries, Wang Yongqing took everyone onto a minibus he had brought with him, and the group drove to the Formosa Maw factory.

"What a scenery," Yang Wendong couldn't help but say as he looked at the villages and farmlands outside.

Su Yiyi asked curiously, "What's wrong?"

"Nothing." Yang Wendong smiled. Taiwan today is really a bit like his impression of the mainland in the 80s.

An hour later, the minibus arrived at its destination. With the introduction of Wang Yongqing, Yang Wendong and others gained a basic understanding of the Formosa Mau factory.

Yang Wendong only had a slight understanding of this. Naturally, he could not really study how plastic particles were made. He only cared about the data.

After viewing the existing factory, everyone came to a piece of land next to it. Wang Yongqing said, "Mr. Yang, this is the land I have prepared for the new factory. The total area is 1.5 square meters, and the monthly production capacity will be 2000 tons in the future."

"How much will it cost to build this factory?" Yang Wendong asked.

Wang Yongqing said: "The factory building does not cost much, the main thing is the equipment. This equipment must be imported from Japan, and it costs about 60 US dollars."

"It is quite expensive." Yang Wendong couldn't help but smack his lips after hearing this.

If he was not a time traveler, if he were given the choice, he might not dare to invest so much money in this kind of heavy industry.

Wei Zetao next to him asked, "Mr. Wang, what's the price of this land?"

"The land is not expensive." Wang Yongqing said with a smile: "It is basically free. The government encourages investment in factories. As long as it is not in a good location, it is almost free."

"That's really good." Yang Wendong smiled. One of the most important reasons for the future decline of Hong Kong's industry is the land price.

After that, Wang Yongqing brought everyone to introduce the new factory project.

In the evening, everyone returned to the hotel. Su Yiyi asked with a smile: "Brother Dong, it seems that Wang Yongqing really wants to take our order."

"Of course." Yang Wendong smiled faintly and said, "Our suitcases are popular all over the world. The demand for plastic particles in the future is estimated to exceed the current scale in the first year. Any normal person would want to buy it."

Even though plastic pipes have a wider range of uses, Wang Yongqing was only a big player in a small place like Taiwan at that time. Compared with a product that could be sold all over the world, it was still far from enough.

The next day, Yang Wendong went directly to Wang Yongqing's office, and the two talked about things while drinking tea.

Yang Wendong asked directly: "Mr. Wang, you are short of funds and need a guarantee of stable orders. I also want to invest in suppliers who can supply me with large quantities of goods.

So our cooperation now is a win-win situation. How about we make a decision as soon as possible, build the factory as quickly as possible, and then supply the goods? "

"Of course, I hope so too." Wang Yongqing said very straightforwardly: "Mr. Yang, these are some of our company's data from last year. If we follow the normal operating data of a general listed company, the market value should be around 200 million US dollars.

You can go to a financial institution in Hong Kong to confirm the authenticity.”

"Okay." After seeing the data, Yang Wendong did not study it carefully. For such matters, he naturally needed to find professionals. Then he asked, "Then how many shares are you willing to sell?"

"20%." Wang Yongqing said, "However, Mr. Yang has to provide me with a bank guarantee so that I can get an additional loan of 50 US dollars.

The second thing is to ensure that as long as I can produce qualified plastic particles, I will have priority in supplying Changxing Industry. "

Yang Wendong said: "The first point is OK, but you can negotiate the interest with the bank yourself. For this kind of commercial loan, the interest rate is unlikely to be low.

Secondly, I can give you some priority, but not all. What I can guarantee is that the quality is up to standard and the price is the cheapest. At least I can take all the goods that the new factory can supply.

If you build a factory in the future, you will need to discuss it again.”

"Okay." After listening to it, Wang Yongqing also felt that there was no problem.

"That's fine." Yang Wendong continued, "If there is no problem with Formosa's data, then I can invest directly."

PS: Please give me a monthly ticket
(End of this chapter)