Chapter 249 Auto Parts City Housing Construction

Chapter 249 Auto Parts City Housing Construction

Chapter 249 Auto Parts City Housing Construction

"There's no need to investigate this. Your uncle Zhang Wu is very famous. He mainly deals in auto parts trading. He's the largest auto parts trading company that cooperates with the United States."

"Yes, he has a pretty big business. As the saying goes, live by the sea, eat by the sea. People in coastal cities are either engaged in foreign trade or run factories. Let's get straight to the point."

Chen Xi frowned and looked at Alin.

"The automobile manufacturing industry in Australia is very poor. Although the government has strongly supported it many years ago, it has not improved much. The only domestically produced automobile brand is Holden. In white mainstream countries such as Europe, America, and Australia, due to the strong automobile culture and high labor costs, many car owners tend to do car repairs and maintenance by themselves, which has brought huge development space for the auto parts industry..."

Alin spoke eloquently and explained Huakai's purpose of this trip.

The idea is to build an auto parts city in Australia, and then supply the products to auto repair shops and individuals throughout Australia. This is a large-scale project with great profitability. You know, those auto parts may not sell for much money in China, but they can be multiplied many times when shipped to Australia.

For private purchases, we also support express mail and door-to-door delivery. You should know that the door-to-door delivery fee in Australia is not cheap, so there is a lot to it.

"I can try with my uncle, but I have one condition..."

Then, Chen Xi told the story of his car website.

Carsales is now the largest car trading website in Australia, but its current usage rate is not very high. It will not really develop until 10 years later.

However, as a well-known and long-established automobile trading network in Australia, it is not easy to defeat it.

Now that Alin has provided such an opportunity, Chen Xi naturally wants to launch the website and get Huakai's support.

He said that he could build the website quickly by selling auto parts. He had observed the current Carsales website, which only deals with car transactions and has no other derivative products. It was only by relying on the monopoly that it could gain a foothold in Australia.

It would be easy to defeat it if there was a product that was slightly better than it. What we need to do now is to defeat it before Carsales fully develops.

Carsales was developed by integrating offline car dealerships and cooperating with insurance companies, which is what Chen Xi plans to do later.

Ah Lin did not object, but said that he would discuss it with Feng Jialun. Chen Xi also wanted to discuss this matter with his uncle, but both of them were unsure, so they could only continue to talk about other things.

Feng Jialun was very sincere and had no intention of turning Chen Xi into an employee. Instead, he treated him as a partner.

In fact, whether it is real estate or the automobile industry, Chen Xi understands one thing: in a foreign country like Australia, it is possible to achieve a small success in one industry, but it is impossible to become big and strong in many aspects.

It is a fantasy for a yellow-skinned Asian to climb to a high position in a foreign country. The only way is to cooperate with the local white people, so that you have a chance to develop.

Defeating websites like Carsales is just to increase bargaining chips. This kind of industry still needs foreigners to participate in the operation, after all, it is difficult to communicate with those offline stores. If you don't play with foreigners, they will naturally not play with you.

The same is true for real estate trading networks. Several large real estate agencies are now owned by foreigners, and Chinese can only do small and medium-sized ones. What he can do now is to integrate the Chinese agencies, and then he can talk to foreigners.

One of Feng Jialun's ways of cooperation is to jointly establish an investment company. This model has many benefits for Chen Xi, after all, he is paying a lot of money.

But his investment and share were very strange. It felt like Feng Jialun was taking special care of him. Even A-Lin didn't get such good treatment. The investment issue was still due to the other party's help, which made him even more confused.

There is still a big difference between Australian investment companies and current domestic investment companies.

There are obvious differences from funding sources to project investments.

For some reasons, most of the funds of domestic investment companies are raised through informal channels, and they have attracted many investors under the slogan of high returns.

This led investment companies to invest their funds in risky projects or lending businesses, most of which collapsed and encountered problems.

The company founded by Feng Jialun has a wide range of business types, mainly engaged in asset management, and makes profits by charging management fees.

According to Feng Jialun, the source of funds is mainly domestic wealthy people and overseas Chinese, but Chen Xi does not believe it. He already has a vague guess in his mind.

"Hey, Brother Feng, why do you think so highly of me? It feels weird."

Chen Xi couldn't help but speak.

"How would I know? Why don't you ask him in person next time. He has a keen eye for talent. Look, wasn't I chosen by him?" Alin said with a sly look on his face.

"Forget about it. If you do this, I will suspect that Brother Feng is trying to cheat me. There is no such thing as a free lunch."

"It's hard to say. You never know. He might ask you to do something for him in the future! Don't you think that this auto parts issue will require your resources to complete?"

"..."

Alin blinked at Chen Xi, who didn't know what to say. He lowered his head and looked at the plan in his hand, lost in thought.

"Don't think too much. I know you plan to return to China in the future. Work hard during this period. As long as you perform well enough, Huakai will continue to cooperate with you after you return to China."

Seeing that Chen Xi was full of doubts and even began to doubt their motives, A Lin patted him on the shoulder and spoke.

That day, inside the ANZ bank manager's office.

“Xi, we have regulations that the mortgage loan cannot exceed the specified amount.”

"I know that. I didn't ask you to break the rules. I just want you to give me the maximum amount within the prescribed range."

"70% is already very high."

Smith sat in his office chair, his face flushed. When white people like them get excited, their faces will turn red.

"According to bank regulations, the loan amount does not need to exceed 80% of the land value."

"..." Seeing that Chen Xi had figured out the bank's loan standards, Smith was a little confused. Although 80% was correct, it was obviously just a piece of land. It was impossible to impress him.

If you want to improve your performance, you must have a larger volume. Although Chen Xi has borrowed a lot from him, many overseas Chinese have come here recently, and colleagues from other banks have achieved considerable results.

Chen Xi naturally knew what Smith was thinking.

"I will be doing real estate in the future and will continue to buy land in the short term. You don't need to worry about the amount. This is not a one-time cooperation..." It is too easy to borrow money from Australian banks to buy land now. It's just a matter of loan amount. Although it's only 10% short, the amount of land will increase, which is a lot of money.

He now wants to buy more land before the government restricts loans.

"Oh? Then you'd better do it as soon as possible. The headquarters will be conducting an assessment..." Smith hinted to the other party about the problem he was facing.

Chen Xi also knew that only by helping Smith get a better promotion could he borrow more money, and he would not miss this opportunity.

Australia's mortgage policy is quite relaxed, and home buyers can apply for loans of up to 80% with longer loan terms.

However, due to the relatively small pressure to buy a house in the region, most people inherit their family's property and the permanent property rights, coupled with the sparse population and low birth rate, young people are not as keen to flock to big cities as in China.

They tend to live in rural areas. These factors together lead to a phenomenon: the demand for bank loans is small, and except for the need for loans for doing business, the loan demand of ordinary people is relatively low.

In a place like Boxhill, apart from Chinese people who come to borrow money to open restaurants, it is usually difficult for the business to improve its performance.

Otherwise, he would not have shown such great interest in Chen Xi opening an Internet cafe. Now, when he heard that the other party was going to get involved in real estate, his eyes immediately lit up.

"Ahem, remember to hurry up, it's hard to get a loan approved recently..." Smith quickly shook hands with Chen Xi. For him, adding 10% was no problem at all, but he still emphasized the time aspect. If the other party was fooling him, then the next time the loan limit would not be that much.

"Don't worry." Chen Xi smiled and shook Smith's big hand.

This time he only took one piece of land for the loan because he planned to build a house on the smaller plot of land himself. In Australia, building a house requires buying land, obtaining construction approval, and finding a contractor.

Before starting to build a house, you need to submit the building plan to the local authorities and obtain a permit for the building regulations. Due to the low efficiency of Australia, this process usually takes a long time to complete.

Once official approval is obtained, construction work can begin.

You need to negotiate a start time with the contractor first.

The most time-consuming and labor-intensive part of building a house is the foundation and frame installation, placing the foundation, frame, and walls.

Contractors also need to communicate with nearby neighbors, ensure that large machinery can reach the construction site smoothly, and install concrete foundations, steel frames and timber structures.

Once the frame is built, you can begin installing the roof and exterior walls. This phase usually goes quickly because most materials can be prepared in advance. When choosing a roofing material, metal and shingles are common choices.

The electrical, plumbing, and heating, ventilation, and air conditioning systems will then be installed. Windows and doors will also need to be installed. The architect will be responsible for coordinating all subcontractors to ensure that the work is carried out smoothly.

Among these, water pipes are the most complicated. The construction of many houses is delayed due to substandard water pipe design. Australia has particularly strict management in this regard.

If you want to be a developer and build houses smoothly, you must first establish good relationships with people in relevant departments.

Now it is 2007, and the approval process is not as cumbersome as it will be later, because there are not many houses being built at that time, and it can be completed in about two months.

It takes more than half a year to build a house, and it takes even a year to build a larger villa.

However, this is calculated based on the work efficiency of the foreigners. If you hire Chinese workers, the efficiency will be much higher. After all, they are from a country obsessed with infrastructure construction. They don't have the concept of drinking coffee, taking a break, or taking a holiday. As long as you pay enough money, they will work overtime for you.

"Hey, handsome boy. We meet again."

Just as he walked out of the bank, an old lady patted Chen Xi on the shoulder, scaring him so much that he almost dropped the cigarette in his hand.

It was Aunt Wen Ou whom I met at the auction before. She was dressed very gorgeously today, with thick foundation on her face and various gold and silver jewelry on her body. Coupled with the strong smell of perfume, she gave people a somewhat inharmonious feeling.

"Hello."

Although he felt a little uncomfortable with the strong smell of perfume on the other person, Chen Xi still politely extended his hand and greeted the other person.

"Are you here to do some business at the bank? Last time I saw you bought two plots of land, are you planning to build a house?"

"Ah."

Chen Xi didn't say much, just nodded.

"Then you have to sell the house to me after you build it. I have a huge demand for it. Many of my fellow villagers want a house!"

"Forehead……"

As the auntie was about to touch him, Chen Xi quickly took a step back, which made the auntie think that he was thin-skinned and felt a little embarrassed.

A business card was taken out of the aunt's small bag and handed to him.

"Come to my place for tea when you have time. I have something else to do, so I'll leave first." After saying this, the aunt covered her mouth and laughed, then she took the two Chinese people beside her into the bank.

“Vice President of Mocun Wenou Chamber of Commerce, Ella, Zhong Lili.”

Chen Xi looked at the information above, then looked at the aunt who had disappeared, and silently put the business card into his pocket.

(End of this chapter)