Chapter 670 The Real Palace
As the shoe dropped, Fan Wumian carefully evaluated the impact of the whole incident.
The gains and losses in terms of interests are clear at a glance.
Not only did he make a lot of money, he also saved hundreds of billions of RMB and gained a great sense of accomplishment.
If in the few seconds before his death, some of the most impressive memories of his life flashed through his mind like a revolving lantern, what he did in the past few days would definitely be one of them.
It has invisibly helped millions of middle-class people and saved hundreds of billions of RMB in official funds. If we take a long-term view, the indirect impact is so huge that tens of millions of people may be able to live a better life as a result.
It was enough to make him feel satisfied and feel that his life was not lived in vain.
Unlike the tech tycoon Elon Musk, whose model he copied, Fan Wumian has the support of many natural allies who all hope to maintain the hard-earned economic achievements.
On the other hand, Elon Musk encountered resistance from the American old money, Wall Street financial groups, the military-industrial complex, Silicon Valley technology giants, etc. The trouble was so great that any flying ideas would fall to the ground in front of the vested interests in the United States.
Fan Wumian felt that he had only provided a reason, and then his natural allies took the opportunity to take action and reverse the downward trend in many areas in one fell swoop.
If those multinational hot money really want to blame someone, it seems that they cannot put all the blame on him. After all, with his current strength, it is obviously not enough to completely control the economy of a big country.
As for the group of rats in charge of managing the big enterprises, they only lost the opportunity to fatten themselves and did not suffer too much loss themselves. They felt that they had no reason to offend Fan Wumian to death and kill him to vent their anger.
And to put it bluntly, all his actions on the surface seemed to be for his own benefit and for the sake of his investors. From a business perspective, there was nothing wrong with them.
As for the oligarchs in the iron ore industry, they were really offended this time. The discussion about the price of iron ore tripling in a few years was rampant. Fortunately, the strength of those mining companies was not that strong, and eliminating Fan Wumian from a physical level would not help, but would easily make the matter worse.
This finally led him to a conclusion and he realized that his situation was probably not as bad as he had imagined.
It is very likely that in the eyes of some people in the United States, the mainland is not that important for the time being. Otherwise, just like the last time when Soros issued a warning, someone would have been eager to come and criticize Fan Wumian.
of course.
The situation may not be as dangerous as you imagined, but you should still be cautious and keep a low profile for a while.
After being notified that the filming of "The Youngest Son of a Chaebol Family" was about to start, Fan Wumian asked someone to redesign his hairstyle to suit him, and also took the time to finish the chores at hand so that he could better devote himself to filming.
July 5nd.
Fan Wumian, who had assigned a role to Pu Jiajing, was teaching her how to act. The bodyguard Qian Ge came to the yard and reported:
"Another official came and said they wanted to talk to you about some business matters. They seemed to hope you could help with financing."
Guess something immediately.
Fan Wumian said helplessly:
"You've helped several companies resolve crises in succession. You don't really think I'm the God of Wealth, do you? Most of the company's money comes from customer investments. I need to be responsible for them. You can't ask me for help on every project. I'm not a rag collector."
Pu Jiajing counted on her fingers and said:
"Pangu Building, Boshi Fund, Xinhua Insurance, United China Insurance, etc., aren't they all problems that you bought back after picking up scraps? The same goes for your yacht, it seems like you particularly like to pick up bargains."
"What do you know? I'm good at buying back potential stocks with the least amount of money."
With the large-scale cashing out, everyone now knows that Fan Wumian has a lot of funds in his hands. In recent days, his door has been almost broken down by people, from representatives of China Eastern Airlines and Air China to China Ocean Shipping and Yili Dairy, all came to him for financing.
But the best time to buy at the bottom is far from coming. He can only continue to hold the currency and wait and see, and spread the cash in areas such as gold, energy, and bank deposits to hedge some risks.
Fan Wumian has almost bought up all the gold available in the mainland market, and has also acquired many gold mines at a premium. The total scale of physical gold and gold mines under his control is approaching 500 tons, and he is just waiting for the subprime mortgage market to deteriorate further, and the risk aversion sentiment will continue to push up the gold price. In addition, in the name of Xinhua Insurance Group, Fan Wumian is preparing to buy a lot of office buildings, as well as shares of real estate, construction, and building materials companies, and also transfer 7% of Sanyao Heavy Industry's shares to this insurance company.
Even though he stayed in the courtyard and didn't go anywhere, at most he just took a walk around and asked some friends in the entertainment industry to come over to play mahjong, he actually did a lot of things secretly.
After complaining a few words about the many troubles, Fan Wumian still personally received the guests who came to visit him.
He unexpectedly learned that 149 state-owned enterprises in Yanjing had been losing money for three consecutive years and were facing the crisis of bankruptcy and layoffs. He said in an awkward tone:
"It's not that I don't want to help, it's just that I can't help enough. In the process of economic development, it's normal for some companies to fail to keep up with the pace and be eliminated."
"When old jobs disappear, new ones will always appear. It's normal for everyone to want a stable job, but if you can't hold on to your job anymore, you can only find another way to make a living."
"Although I consider myself good at investing, I don't know everything. The two insurance companies I recently acquired have a total of more than 17 employees. I really can't afford to support them."
The person in charge of the visit was named Min, he was in his 50s and worked for the Yanjing government.
Mr. Min himself knew that this was a problem for Fan Wumian, so he immediately threw out the bait and said:
"I don't want you to work in vain. Just pick a few suitable ones to help. I've heard that Mr. Fan likes this kind of quaint old courtyard. We are currently discussing how to deal with the 4.4 square meter Fuwang Mansion. It's not suitable as a private residence, but it's very good for opening a company or a hotel. It's on Chaoyangmennei Street, and the location is really great."
"."
Fan Wumian had studied in Yanjing for several years in his previous life, so how could he not know the location of Prince Fu's Mansion? Hearing this, he instantly became alert and asked:
"If I pick a few companies that are about to go bankrupt to help, can you sell the Fuwang Mansion to me for development?"
Mr. Min smiled and replied:
"If the investment amount can be around 500 million or 600 million, we can negotiate. It's easy to move the unit in Prince Fu's Mansion to another place. The key is that there are still many residents living there, and it would be very costly to mobilize them to relocate and resettle."
The opportunity to take over a real palace is rare, Fan Wumian is quite interested, and said:
"We're investing 500 to 600 million to help the loss-making company. It would probably cost several hundred million to renovate and rebuild such a large Fuwang Mansion. Adding up, it would cost more than 1 billion. It's worth the trouble, right?"
"After acquiring the New China Life Insurance Group, the ownership of the New China Life Insurance Building also belonged to me. Recently, I don't lack a place to work. I mainly want to open a real club to entertain some big customers."
"Don't worry, it's purely commercial in nature. We provide a platform for investors to relax and communicate, and we collect membership fees to try to make some money, similar to the Yanjing Port City Jockey Club."
Mr. Min nodded:
"I understand. Mr. Fan's asset management business is so big that it is necessary to win over big clients. Wanghai Tower has been converted into a hotel, and the land in Guaibang Hutong is also going to be developed into a five-star hotel for public opening? Then the Prince Fu Mansion is suitable for being a private club. There are already many in Yanjing. As long as it is legal and compliant, there will be no problem."
"Well, the land in Guaibang Hutong that I got together with Mr. Ma will only be used as a hotel in the future."
As Fan Wumian spoke, he took the document and browsed through the list of 149 companies. He found that there were electronics factories, garment factories, water companies, art factories, chemical plants, etc. Data from the number of employees to last year's revenue, to the scale of liabilities, main business scope, etc. were all clearly marked.
It's hard to draw a concrete conclusion just by looking at the data on paper, but some companies look promising.
For example, a garment factory can easily do OEM for Feili and support more than 1300 employees.
The electronics factory can also upgrade and produce parts for Fan Wumian's other companies, which can save the jobs of seven hundred to eight hundred employees.
There is also a company that specializes in producing four-piece bedding sets. The reason for its bankruptcy is nothing more than that its products cannot be sold and the styles are too old. Through technological upgrades and product updates, there is a chance to revitalize it through the Jingdong Mall.
Not to mention how much huge profits can be made, turning losses into profits will not be a problem.
After figuring out what was going on, Fan Wumian focused on understanding the situation at Prince Fu's Mansion and couldn't wait to go to the scene to take a look. (End of this chapter)