Chapter 732 There is still a city in his heart
Tomorrow is 515, the starting point anniversary celebration, the most benefits day.》〗In addition to gift bags and school bags, this time, you must check the 515 red envelopes. There is no reason to not grab the red envelopes. Set the alarm clock~
In order to avoid being disturbed, Jin Jingcheng and Zhang Chengyuan immediately walked into a small private room for detailed discussions.
After confirming the intention to cooperate, we will discuss this matter again and both of them are very formal.
After getting into the box, Zhang Chengyuan took the lead in asking: "Since Immediately, where are you planning to develop first?"
Kim Jingsung said frankly: "Jeju Island! First develop high-end villa residential areas on Jeju Island. This area is urgently unavailable. A step slower will reduce some return on investment."
Zhang Chengyuan agreed.
Immediately afterwards, Zhang Chengyuan began to talk about the specific real estate resources of other nine cities, and then discussed with Jin Jingcheng about the general order of developing Jeju Island, and then developing other cities.
After this discussion, Zhang Chengyuan admired Jin Jingcheng and secretly sighed that Jin Jingcheng is worthy of being a master's student at Stern Business School and a genius. Some of Jin Jingcheng's insights made Zhang Chengyuan very much agree with them.
Finally, the two discussed the investment funding issue together.
The two reached an agreement on this.
The "Nine Cities and One Island" real estate project requires a total of US$3.5 billion in start-up capital, which is because it makes money by selling while developing the development program. Otherwise, at least US$1 billion in start-up capital will be required.
It is no exaggeration to say that "Nine Cities and One Island" is the largest real estate project in South Korea in recent years.
With a start-up capital of US$3.5 billion, Jin Jingcheng invested US$1.8 billion and Zhang Chengyuan invested US$1.7 billion. Jin Jingcheng founded a real estate construction company, and each of them occupied 50% of the shares.
Jin Jingcheng contributed more than Zhang Chengyuan, which is inevitable, because real estate resources were provided by Zhang Chengyuan, and the political sector was handled by the Zhang family. Jin Jingcheng only added 10 million US dollars, which was a big profit because Zhang Chengyuan was very sincere and took good care of Jin Jingcheng. Otherwise, Jin Jingcheng would have a much greater amount of funds than this.
Because in the real estate industry, real estate resources and political relations are fundamental. If there is no real estate, how can we develop it? If there is no strong enough political relations, how can we operate it?
According to Jin Jingcheng's actual situation, Zhang Chengyuan also took care of Jin Jingcheng's other thing.
That is, Jin Jingcheng couldn't afford $1.8 billion in funds at once, and now Jin Jingcheng can use it in all aspects to squeeze out $60 million in working capital.
Moreover, .jj Entertainment Studio is about to build its own building, and Kim Jong-sung plans to build the best entertainment company building in South Korea, which costs nearly $20 million.
In other words, Jin Jingcheng could only take out $40 million at once.
But it doesn't matter, because in October this year, Jin Jingcheng concluded that yutube would be acquired by ggle. At that time, he could use other shares to sell a large amount of acquisition funds while ensuring that some shares would not be acquired. This would be a huge sum of money. Because its amount might be US$49.5 billion!
Even if yutube is not acquired by then, at most, Jin Jingcheng will release a small amount of shares while ensuring that AEBK is under his control, which will be a huge sum of money.
A grand real estate development project like "Nine Cities and One Island" did not require all the start-up capital at the beginning. With Zhang Chengyuan's care, Jin Jingcheng and Zhang Chengyuan reached an agreement, and the 3.5 billion US dollars of start-up capital was divided into two capital injections.
The first capital injection was half a month later, when Jin Jingcheng founded a real estate construction company. Jin Jingcheng first received US$40 million and Zhang Chengyuan first received US$70 million.
The second capital injection is scheduled to be held in December at the end of this year. Jin Jingcheng takes 1.4 billion US dollars and Zhang Chengyuan takes 100 million US dollars.
According to the specific real estate resources described by Zhang Chengyuan and the preliminary development intention reached by Jin Jingcheng and Zhang Chengyuan, the two initially estimated that if the "Nine Cities and One Island" real estate project can be successfully completed, Jin Jingcheng and Zhang Chengyuan may each earn nearly 1 billion US dollars!
After discussing the investment funds issue, Jin Jingcheng sighed in his heart, lamenting the great opportunity he suddenly encountered and seized this time.
Thinking back to the time, because of Sun Danfei's purchase of an apartment, Jin Jingcheng and Andohao met again. At that time, Jin Jingcheng had the idea of attacking the real estate industry and thought that the real estate market was profitable, but he didn't know when he would have the opportunity to attack strongly.
Kim Jong-sung didn't tell any lies before. Recently, he is indeed considering Jeju Island's real estate development project, but there are some difficult problems to be solved, such as political relations, such as real estate resources.
Unexpectedly, at this moment, Zhang Chengyuan gave him such a great opportunity.
Jin Jingcheng was suddenly able to attack the real estate industry very strongly, and it was also a "nine cities and one island"!
In addition to sighing, Jin Jingcheng also had his own thoughts in his heart.
Yes, the project reached by Jin Jingcheng and Zhang Chengyuan this time is "Nine Cities and One Island".
However, Kim Jingcheng actually has a city in his heart, and that is the capital Seoul!
Jin Jingcheng also has another company in his heart, that is Quan Shengmin’s q-building real estate company!
q-building is a very large real estate development company in South Korea, especially in Seoul, where many houses are developed by q-building real estate companies.
As early as 2004, Jin Jingcheng and Quan Shengmin had ambitions for this company.
Now this ambition is still growing in Jin Jingcheng's heart.
One day, when the time comes, Jin Jingcheng wants to strongly acquire q-building.
If you acquire q-building, there will be no taboos in the Zhang family that Zhang Chengyuan mentioned before.
And at that time, the so-called "nine cities and one island" will become "ten cities and one island"!
Now that the preliminary negotiations have been completed, Kim Jong-sung said to Zhang Chengyuan: "By the way, Uncle Zhang, I want to buy a piece of land in Seoul to build the building of JJ Entertainment Studio. Well, I plan to build the best entertainment company building in South Korea. I don't know if you can help me in this area?"
Even the "Nine Cities and One Island" project has been cooperated, just to buy a piece of land to build a building. This kind of thing is a bit natural for Zhang Chengyuan.
Zhang Chengyuan paused and said, "There is a car sales house near the 21st Nianhua Building. It is my industry. Now this sales house is outdated and its turnover has dropped a lot compared to before. Since you proposed buying land, I will sell this land to you. You just demolish the car sales house."
Although Seoul does have very little real estate resources, it is still possible to free up land to build a building in Seoul. After all, he gave Wu Xiumin two buildings.
Jin Jingcheng smiled and said, "Then thank Uncle Zhang."
Zhang Chengyuan smiled and said, "Although this land has been given to you, I will calculate the price according to the market price."
Jin Jingcheng smiled and said, "Of course."
To cooperate with "Nine Cities and One Island", Zhang Chengyuan has given Jin Jingcheng a lot of care. Zhang Chengyuan is willing to transfer land to build a building, but Jin Jingcheng is very satisfied. If he still hopes that Zhang Chengyuan can transfer it at a low price, he will be a little ungrateful.
It rains on the red envelopes at the starting point of p515! Starting at 12 noon, grabbing a round every hour, and a large wave of 515 red envelopes depends on luck. You all go grab them, and continue to subscribe to my chapters with the snatched Qidian coins!
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Chapter completed!