Rebirth started from educated youth in 1977

Wang Jiansen once said in public: "I position myself for success, that is, to bring small goals to the world's super companies, or to enter the top ten of the world's top 500. This is my dream! Make small goals into a A truly international brand."

In 2013, the small target went to sea, buying land in Vauxhall in South London, England, Madrid, Spain, Gold Coast, Australia, and Chicago, USA. It also acquired a real estate project in Los Angeles, USA.

From 2013 to 2016, it was the peak time for real estate companies to go overseas. Encouraged by the policies at that time, domestic real estate companies began to expand overseas markets, and the small goal was just one of them.

This wave gradually receded last year. With the tightening of the country's overseas investment policy, companies with high debts had to sell their assets and were forced to withdraw. Companies that rushed out to recreate domestic myths paid a heavy price for the dissatisfaction with the environment, and there are many successes. In the case of continuing to make money, they have grown another pair of wings in areas other than Huaguo.

This is Nanyi's tone in his published articles, and the choice of words must be elegant.In fact, some projects were invested hastily, because the loan repayment period was approaching, the cash flow was exhausted, and the withdrawal was also hasty, so losses are normal; but some probably must have strategic losses. The listed company lost money, and N shareholders The hidden company established abroad made money, and the primary purpose of asset transfer was achieved.

This money can be laid peacefully in foreign accounts, or it can flow back into listed companies along the tide of overseas financing of real estate companies, turn around, and return to foreign countries by the same route with profits.

This kind of routine is easy to familiarize with. He was playing like this in the 80s, but his gameplay is relatively low-level, and all he plays is his own money. What he wants is a channel for smooth entry and exit of funds, along with the realization of pseudo-joint ventures. Operation, I never thought that I could cheat a wave of stockholders by the way.

Therefore, there is only Nanyi in the era, and there is no era in Nanyi. He has caught up with the good times, otherwise he can only be a poor guy with assets of 30 billion.

Just like in the peak period of going overseas, Nan's domestic enterprises did not intend to take advantage of this wave to achieve international operations, but only focused on domestic guarantees and foreign loans for arbitrage.

At that time, after careful calculation, if the investment was made in the form of domestic guarantees and foreign loans, the real financing cost overseas was the interest rate difference between domestic and foreign countries, and if the depreciation of the renminbi was included, the overseas investment and financing of enterprises was actually in a state of negative interest rates.

To put it simply, not only do you not need to pay interest on the loan, but you will receive an interest. Although the amount is not large, it is for nothing. Take the loan to reinvest in low-risk projects or acquire assets that are expected to appreciate in the future, or buy bonds. In a few years, the white wolf can reap [-] to [-]% of the loan amount in profit.

Moreover, this is a win-win game. As long as the investment makes a profit, there is no problem of who will be tricked. There is no one who suffers. Even if the investment fails, as long as the loan is repaid with the principal and interest, the only one who suffers is yourself.

This game is not very fun, and there are too few prizes. In a few years, the Nan family has only won less than six "poor guys".

No matter what the deep-seated purpose is, the small goal is not like Nan’s. Wang Jiansen is investing overseas with real knives and guns. It’s just that the business model of real estate companies is very localized, with little contact with the world, and there is no disadvantage in the country. The three tricks don't work at all in foreign countries. The simplest point is that foreign troublemakers are very difficult to deal with. They really have the ability to mess up the project.

The small goal is to discover foreign projects with the inertial thinking of domestic invincibility. Looking around, there is gold everywhere. This building was acquired, the main facade was demolished and rebuilt, and transformed into a building with office areas and commercial areas. A luxury hotel is simply a huge profit.

When the small target was complacent about its sharp vision and underestimated the heroes of the world, it discovered that the main facade of the building could not be moved at all. It was because of this that the local real estate companies had no idea of ​​building the building.

For similar projects, I encountered several small targets. After a few years of grinding, the funds were trapped overseas. The domestic side encountered loan expiration and various problems related to cash flow. I sold overseas assets and transferred the money back to China. Saving the roots has become the only option.

In the past few years, Wang Jiansen bought and bought in high spirits, but now he sells and sells in disgrace. While saving his foundation, he is also following the guidance to increase leverage. For the time being, he looks quite embarrassed. Can have the last laugh.

Nan Yi can’t laugh anyway, whether it’s Nan’s, Xueshan Trust or his personal properties, the current housing prices are about 2.7 times the average selling price at the beginning. Looking at the high housing prices, he only has one old bungalow under his personal name. The house is not held by a proxy or in the name of a company. He does have one and only one domestic house now, and he is strong if he didn't cry out.

"Nanyi, you really have a humble room here." After being invited to sit down, Wang Jiansen raised his eyes and looked around the living room.

Nanyi put the poured tea on the coffee table, and sat down across from him, "There are really no white people who come here, either with a doctorate or a master's degree, and the worst is a full-time undergraduate graduate. A college student who is mixed up in a training class like you, is here. It's just illiteracy."

When Wang Jiansen heard it, 1 people were dissatisfied, "Don't talk about it, to be honest, my writing style is extremely good, it is difficult... That is, there are not many people who can write articles that I like, and you are the same. You wrote, I have read all the articles published in the newspapers, the writing style is average, very average, compared to me... a little, just a little meaning, in terms of speaking, I am more like a cultural person than you."

"I got my undergraduate degree at Beijing University, my master's degree at Yale University, and my Ph.D. at Beijing University. I work as a consultant at the Municipal People's Congress and receive special allowances from the state every month. I am a cultural person, which is certified by authoritative organizations. What about you?" Nan Yi gestured to Wang Dali who was next to Wang Jiansen, "Your son has already said that my father has no education."

Wang Dali said inwardly, "You two old men can just argue on your own, why drag me into it."

To be honest, he was quite disappointed in his heart. He heard this Uncle Nan from the conversation between his father and mother a long time ago, saying that he is an expert and one of the few real hidden rich men in the country. The image should definitely not be what you see now.

"Daily said this out of modesty, help, help me to collect my words."

"Okay, okay, that's what you say. Recently, I got a calligraphy in Zehang's room, 'Goodbye, little duck, I'm going to school'. It has the style of the right army, strong and smooth, especially' The three characters of "Little Duck" are full of domineering between the stippling, and I will invite you out to taste for Brother Wang?"

Wang Jiansen scolded with a smile: "Yes, can you be more serious?"

"Hahaha...well, be serious." After Nanyi laughed, his face straightened, "You didn't come here just to give me New Year's greetings, did you?"

Hearing this, Wang Jiansen's expression became serious, "Last year, the remaining cash flow of the entire small target is more than enough to cover the debt repayable this year, but the debt repayable next year is 473 billion yuan. It is difficult to balance so much cash flow this year. Small target I have to sell assets, delete...delete business lines, and at the same time find a way to refinance to borrow money. I think it is not easy to refinance now, so I have to find you to find a way."

Nan Yi frowned and said: "Whenever you want twenty or thirty, I can give it to you at any time. No matter how difficult it is, my money is not idle. Most of it is assets, and some of it is outside. I will return it within two or three years." Not coming."

When Wang Dali heard this, he was in awe, "You can take out 30 or [-] billion at any time, a local tyrant, really a local tyrant."

"I don't want to borrow money from you personally, but I want to talk about the financing plan."

There is an essential difference between borrowing from individuals and financing. The former is friendship. If you don’t repay your friends when it’s due, you don’t have to do it. Besides, Wang Jiansen is embarrassed and dare not not repay. He knew that Nanyi was a smiling tiger, and he always said nice things. When it was really at its worst, the devil knew how dark it would be.

The latter is a commercial act, and the friendship is only as long as the two parties can sit down and talk, and then only talk about benefits-how much to borrow, how much interest to give, how to repay, what kind of guarantee to use, whether to sign a gambling agreement, and so on, no matter what the conditions are. Well, the lender is always a small target, not him Wang Jiansen, if it doesn't pay out in the future, it has little to do with him personally.

Nan Yi chuckled, "If you want to talk about financing, just make a phone call. There's no need to make a special trip." After a short pause, "Well, after the Lantern Festival, I'll save a game and hold a small stadium football match. While watching the game, we talked about financing."