Reborn in 2011, 985 missing from two copies
Chapter 641: A big deal, Mr. Wang is crazy!
Chapter 641: A big deal, Mr. Wang is crazy!
Wang Yi felt worried.
In the past two years, Xingyi Technology has developed very smoothly, but this success will not always last.
Especially after the globalization of Xingyi mobile phones, it crushed Apple and Qualcomm, and even Android was suppressed and could not raise its head.
At present, Apple, Qualcomm and Google are not willing to admit defeat and want to comprehensively improve their product strength to compete head-on with Xingyi Technology.
But when they find that they are no match for Xingyi Technology in head-on competition and cannot compete with Xingyi Technology at all, they may become desperate and lobby congressmen and use some political means.
Then the blow from Omi will come soon.
Maybe next year, maybe the year after...
If Xiaomi becomes shameless and starts to attack Xingyi Technology, the internationalization of mobile phones and tablets will definitely be frustrated, and revenue and profits will be greatly reduced.
If a comprehensive attack is launched and a technology war is directly initiated, Xingyi Technology will face global suppression and many of its businesses will be difficult.
Especially in two years, if Trump comes to power, it will be even worse.
To this end, Xingyi Technology had to find new ways out and create new businesses as new growth points.
To ensure that even when the core consumer electronics business is hit hard, there will still be a backup plan and new business to support it and help it through the crisis.
Xingyi Automobile is one of them.
Moreover, it is a business that the other party will not impose large-scale sanctions on within seven years.
There is no other reason. In the next seven years, domestic luxury car brands will be monopolized by European and American giants such as BBA Tesla and Volvo.
If Europe and the United States impose sanctions on Xingyi Automobile, Xiaguo will also impose reciprocal sanctions on BBA and Tesla.
Xingyi Automobile, which has just started, is definitely not as big as BBA and Tesla.
Omi would not be so stupid as to injure the enemy by 500 and lose 5,000 of his own money.
Not worth it.
Similarly, Xingyi Real Estate is also a major backup plan prepared by Wang Yi.
Once Lao Mi fails, Xingyi Real Estate, as a new business, can also be quickly supported.
It’s impossible for Lao Mi to ask everyone not to buy houses from Xingyi Real Estate.
This is not realistic.
Wang Yi has hoarded 5000 acres, 333.34 million square meters of residential land and more than residential communities in Jeju. If all of them are sold, he can generate a lot of income!
In addition to the land hoarded in first- and second-tier cities such as the Imperial Capital, Shenzhen, Shanghai, and Taiwan in recent years, the total area exceeds 10 million square meters.
Once all the properties are developed into residential areas and sold, a large amount of funds can be recovered to help Xingyi Technology survive the financial crisis.
As long as we can survive the crisis of the sudden defeat, the situation will be reversed in a few years and will develop even better!
It can be said that the most critical and difficult times were the first two or three years of the explosive development.
Xingyi Automobile and Xingyi Real Estate are Wang Yi’s backup plans and the key to overcoming the crisis.
Especially Xingyi Real Estate, which will be even more important in the next few years.
There is no other reason. The future of new energy is brilliant, but the road is tortuous.
The next five years will be the initial stage for new energy vehicles, and their market share will be only a fraction of that of oil vehicles.
No matter how good the Xingyi car is, its sales will not explode.
In the past two years, sales of gasoline vehicles accounted for more than 99.5%, while new energy vehicles accounted for only 0.5%!
In the past, this continued for the next five years, with the market share of new energy vehicles being only a fraction of that of gasoline vehicles.
It was not until eight or nine years later that fast charging technology was greatly improved, battery technology was greatly improved, and intelligent driving achieved a qualitative breakthrough. Only then did new energy vehicles usher in a golden period of explosive growth, and the market share of new energy vehicles caught up with and surpassed that of gasoline vehicles.
In the past, it was not until 2018 that the market share of new energy exceeded 10% for the first time.
In 2020 it was only 25%.
But by 2022, the market share will be close to 50%, sharing the market with gasoline vehicles.
In 2023, the market share of new energy vehicles will completely surpass that of gasoline vehicles, reaching 60%, while the market share of gasoline vehicles will only be 40%!
From then on, the situation reversed completely. People who once said they would never buy new energy vehicles now began to give priority to new energy vehicles when buying or changing cars.
In the following years, the market share of gasoline vehicles continued to decline, while the market share of new energy vehicles continued to soar and rise steadily.
It can be said that new energy will be brilliant in seven or eight years, but will still be bleak in the next three to five years.
It is very difficult, extremely difficult, for Wang Yi to survive the explosion crisis by relying on Xingyi Automobile.
The car manufacturing business is just the icing on the cake.
Even if the Xingyi car is excellent and outstanding, it doesn’t mean much.
In the next few years, the public will not recognize new energy as a whole, and this is the market situation.
But real estate is just the opposite.
The real estate market will be bleak in seven or eight years, but it will be brilliant in the next five years, unparalleled brilliant!
Not just the next five years, but the next seven years will be brilliant.
Although after 2018, housing prices in many cities stopped rising and even declined.
But this is only a minority. In fact, most of the time, there is sideways trading at high levels.
Little-known fact: the transaction area of new homes in 2019 and 2020 is similar to or even slightly higher than that in 2018, the transaction amount is higher, and the average price is higher.
In 2021, the real estate industry began to cool down, the transaction area declined, but the average price rose and the transaction amount reached a historical high!
But after 2021, that won’t work anymore.
Therefore, the glory of real estate lasted for a full six years, from 2016 to 2021.
This is an opportunity for Wang Yi, an opportunity for Xingyi Real Estate, and an opportunity for Xingyi Technology.
As long as they grasp these six years well, the money earned from real estate alone will be enough for Xingyi Technology to survive the crisis caused by the European and American bombing.
As for why the transaction volume, transaction amount, and average price were all high from 2019 to 2021, everyone thinks that real estate has cooled down, real estate developers are dead, and thunder has exploded...
Just because the land price is different!
The houses that were hot-selling in 2016-2018 were all purchased at bargain prices before 2017.
For example, in the new area of Jeju, the current housing price is 4000-6000, and the floor price is 1500-2000 per square meter. The land was acquired, and the sale started after 2017. The housing price rose to 1.5-2.5 per square meter. The profit is so high that it is impossible to calculate.
But in the new areas in 2018, the housing prices were 1.5-2.0 yuan per square meter, and the floor price of land was 1.1-1.5 yuan per square meter. Many real estate developers thought that the prices would continue to rise, and some made profits and hoarded land like crazy!
But they don’t want to wait until 2020 when the house price starts to drop to 1.3-1.8 yuan. Not to mention making money, they can’t even make back the costs.
This resulted in high housing prices and high transaction volumes in those years, but also high land acquisition costs. There was no profit at all, but instead serious losses, and the economy was unable to make ends meet, resulting in a series of bankruptcies.
The same is true for other cities, which are making similar progress.
But on the other hand, what would happen if the houses sold between 2018 and 2021 were acquired at the bargain prices before 2017?
That will make you money forever!
No matter how the market deteriorates or how much housing prices fall, you can still make huge profits.
It’s simple, the land price is cheap!
For example, the land that Wang Yi has hoarded in Jizhou has a floor price of only over 1,000 yuan per square meter. No matter how the real estate market changes in the future or how the housing prices drop, he doesn't care, he can still make a terrifying profit.
After all, no matter how much the housing prices in Jeju Eastern New City drop, they will never drop to 5,000 or 6,000 yuan per square meter, right?
In particular, the land that Wang Yin acquired is all in the core area of the Eastern New City, and the price will continue to remain above 2.5, or even above 3.
Even the large suburbs in the corners of the eastern new city will maintain a population of over 10,000.
Wang Yilou bought the land at a face price of more than one thousand yuan, so he will always make a high enough profit.
And Xingyi Real Estate will always be able to continue to explode and make profits.
In fact, the reason for the real estate crash is not the decline in housing prices, but the double explosion of high land prices and falling housing prices!
But as long as the land price is kept low, there will always be enough profit. Even if the housing price keeps falling, it will only make a little less, but the profit is still considerable.
For this reason, Wang Yi decided that Xingyi Real Estate would continue to acquire land at bargain prices!
Crazy land acquisition!
There is no way, Xingyi Real Estate is Wang Yi’s money bag for fighting against Europe and America and dealing with the technology war!
Once sanctioned, Xingyi Technology will not only see a sharp drop in revenue and profits, but will also have to increase its R&D investment across the board.
Without sufficient financial support, it won’t work.
It is precisely for this reason that in the past, Huawei had to reluctantly sell Honor in order to obtain sufficient funds to cope with the technology war.
Today, Xingyi Technology will face the same situation.
At that time, Wang Yi will have no choice but to sell its sub-brand Unbounded Technology like Huawei did.
But the scale of Unbounded Technology is too large, far exceeding the glory of its previous life, and can even be compared with the entire Xiaomi Group.
Wang Yi wanted to sell it, but it was difficult for the other party to take over.
And Wang Yi doesn't want to sell Wujie Technology.
On the contrary, Wang Yi plans to build Unbounded Technology into the Xiaomi of its previous life, and even more powerful than Xiaomi.
All subsequent borderless cars will be launched online earlier than Xiaomi cars.
Since they are not selling Wujie Technology, they can only obtain enough funds through Xingyi Real Estate to support the technology war and the semiconductor war.
You have to stockpile enough land.
The current land reserves of 10 million square meters are simply not enough, they are simply too little.
We must continue to acquire land, acquire land like crazy, and acquire enough land at very low prices to stockpile enough land for the next five or even ten years!
As long as he hoards enough land at a very low price, Wang Yi doesn’t care how the situation deteriorates in the future or how crazy Mi gets.
Land reserves at bargain prices are money!
It's strength!
It's the confidence!
It can support Wang Yi and Ou Mi to go into all-out war!
Whether it is a technology war, a semiconductor war, or a new energy war, it is not a problem.
To do this, Xingyi Real Estate must expand.
People's cognition and concepts are constantly changing as individuals grow and situations develop.
In the past, Wang Yi treated real estate projects as chamber pots, taking them when needed and throwing them away when not needed.
The original plan was not to register the real estate business under the name of Xingyi Real Estate, but to make it "Meteor Real Estate".
But now, Xingyi Real Estate will become the financial support, the money printing machine, and the strongest support and financial backing for Xingyi Technology to fight against the European and American hammers and deal with the technology war, new energy war, and financial war!
To this end, Xingyi Real Estate's primacy must be raised to the highest level. And Xingyi Real Estate must be made bigger!
Even if the scale cannot reach the level of Vanke and Poly, the land reserves must be increased.
However, how much land to hoard is a big question.
Thinking of this, Wang Yi looked at the people in the real estate department and asked: "How much land reserves do other real estate giants have at the moment?"
Hearing this, several senior executives were a little confused, and someone asked, "About a few hundred thousand acres?"
"Probably?" Wang Yi spoke calmly, with an intimidating presence without even getting angry, and he felt a little disappointed in his heart.
This group of real estate executives don’t even know the land acquisition and land reserves of their competitors, so it’s really difficult for them to achieve anything great.
It is estimated that other real estate giants are the same, otherwise they would not have continued to buy land at high prices after 2018 and collectively stood guard and collapsed!
Just when Wang Yi was disappointed, a young man sitting in the corner said:
"Chairman, the company that has acquired the most land is Evergrande, with about 1.5 million square meters, or 22.5 mu. The second is Country Garden, with about 1.2 million square meters, or 18 mu. The third is Greenland Group, with about 1.1 square meters, or 16.5 mu. The fourth is Vanke, with 8500 million square meters, or 12.75 mu. The fifth is Poly Group, with a total land reserve of about 7000 million square meters, or 10.5 mu."
Hearing this, the scene fell into silence.
No one expected that someone could remember it so clearly.
"Very good, are you clear about how these real estate developers acquire land?" Wang Yi continued to ask.
"Clear. Evergrande has rapidly expanded through the acquisition of New World, Zhongyu Land and other projects. Therefore, it focuses on the capital cities in the central and western regions. 60% of its land reserves are distributed in third- and fourth-tier cities. Country Garden..."
Wang Yi interrupted the other party and said, "Which of these five giants do you think is more promising?"
The man replied:
"In terms of scale, Evergrande and Country Garden are more powerful, but I am more optimistic about Vanke and Poly."
"reason."
"Evergrande has the largest land reserves, but more than half of them are in third- and fourth-tier cities. The same is true for Country Garden, which has adopted the strategy of surrounding cities with rural areas and has focused on third- and fourth-tier cities. Although its land reserves are large in scale, they are of poor quality and have insufficient future potential."
"Although Vanke and Poly do not have as much land reserves as Evergrande and Country Garden, their land value is high and has great appreciation potential."
"For example, Vanke has only 12.75 mu of land reserves, which is just over half of Evergrande. But Vanke focuses on first- and second-tier cities, with 60% of its land reserves located in the Yangtze River Delta and the Pearl River Delta. Poly has the same strategy, with 75% of its land reserves distributed in Beijing-Tianjin-Hebei, the Pearl River Delta, Chengdu and Chongqing. These places have strong economic vitality, fast development speed, and high room for listing of housing prices."
"In the future, both the sales cycle and the appreciation space will be very impressive."
"On the contrary, more than half of the land reserves of Country Garden and Evergrande are located in third- and fourth-tier cities. These cities have limited development potential and consumption potential. I don't think there are so many home buyers who can support their land reserves. Especially in the future, Evergrande and Country Garden will continue to acquire land and continue to increase their land reserves, and the situation will only become more serious."
Wang Yi nodded. This person's analysis was spot-on. "Where's Greenland?"
"Greenland is somewhat special, with 40% of its land reserves located in first- and second-tier cities, which should have great prospects. But unfortunately, Greenland relied on government resources to acquire many super-large complexes and skyscrapers."
"These projects are typical of high investment, low return and slow payback."
"We at Xingyi Real Estate only have one 518-meter Xingyi skyscraper, which will be our future Shandong provincial headquarters and northern center. However, Greenland has won many similar projects across the country."
"These projects may look glamorous, but they also burn a lot of money and can easily drag Greenland into the quagmire."
"Once there is a major change in the property market and capital turnover problems arise, a chain reaction will occur, leading to a funding shortage for Greenland Group or even a bankruptcy."
Wang Yi couldn't help but applaud. This boy's analysis was absolutely correct.
This was the case with Greenland in its previous life. Many skyscrapers fell into disrepair, and Greenland was also dragged down...
It is for this reason that, apart from building a Xingyi skyscraper in Jeju as the northern center and acquiring a large amount of land at a low price, Wang Yi never built a second skyscraper.
Wang Yi would not consider any flashy projects that did not bring sufficient benefits.
"What's your name?" Wang Yi asked.
"Chairman, my name is Hu Tianyu."
"Sit down." Wang Yi said, and then changed the subject: "Next, Xingyi Real Estate Department will continue to acquire land across the country. The current 1000 million square meters of land reserves are not enough, only a fraction of the land reserves of several giants."
“Next, we will frantically acquire land in strong new urban areas in first-, second-, and third-tier cities!”
“As long as the location is good, there is development potential, and the price is right, just go for it, and bid for a lot of land!”
"As long as the local government provides enough incentives, it won't be a problem for us to replicate Jeju's model and build businesses, industrial parks, and a new city!"
"By the end of this year, our Xingyi Real Estate's land reserves will increase from the current 1000 million square meters to 2 million square meters!"
"Next year, it will increase from 2 million square meters to 4 million square meters."
"In the first half of next year, it will increase from 4 million square meters to 5 million square meters!"
Hearing this, everyone was shocked.
Soared from 1000 square meters to 5 million square meters!
A 50-fold increase!
It’s incredible!
More importantly, 5 million square meters of land reserves!
What concept?
It is three times the size of Evergrande, the current largest real estate land reserve company!
Moreover, many of Evergrande's locations are in third- and fourth-tier cities, while Xingyi Technology's locations are in first-, second- and third-tier cities, which have higher value and higher costs.
For a moment, everyone was shocked.
The chairman is crazy!
Seeing everyone's strange expressions, Wang Yi smiled and said, "What? Do you have anything to say?"
Everyone looked at each other, but dared not say a word.
"Just say it." Wang Yi said calmly.
The others remained silent. After a long time, someone stood up. It was Hu Tianyu.
Hu Tianyu took a deep breath and said with a complicated expression: "Chairman, 5 million square meters of land reserves is too much. It is the total land reserves of the four giants Evergrande, Country Garden, Greenland and Vanke! Too much!"
Wang Yi smiled faintly: "That's right, and it's not right. Our 5 million square meters of land reserves is the sum of the land we will acquire in the next three years. In the next few years, Evergrande, Country Garden, and Greenland's land reserves will continue to increase. Maybe the increase in the next two years will not be much, only to square meters a year. But in two years, it will most likely increase rapidly, soaring several times!"
Wang Yi knows clearly that in the next few years, real estate giants such as Evergrande will continue to acquire land.
And the scale of land acquisition is getting bigger and bigger.
The real estate market was sluggish from 2013 to 2015, land prices were low, and no one was willing to acquire land.
Even Evergrande and Country Garden only acquire 2000-4000 million square meters of land a year and develop 2000-4000 million square meters each year, basically maintaining a balance.
But in 2016-2017, the property market was hot, land prices were rising, and major real estate developers began to frantically acquire land.
Evergrande and Country Garden acquire 1 million square meters and 1.5 million square meters of land a year, which is basic operation.
Even if land prices peak in 2018, they will still acquire to million square meters of land.
Even Vanke and Longfor acquired land of tens of millions square meters in those years.
It can be said that from 2014 to the first half of 2016, land prices were very cheap and several giants were unwilling to acquire more land. They only acquired 1000 to 4000 million square meters a year to maintain a balance.
However, from the second half of 2016 to 2018, land prices were high, with tens of millions or even hundreds of millions of square meters of land being acquired each year!
As a result, a large amount of high-priced land was hoarded, which ended in tragedy.
Wang Yi, on the other hand, was just the opposite. From 2014 to the first half of 2016, land prices were low. He took advantage of the last bargain prices and frantically acquired land, acquiring million square meters of land a year.
Get enough land reserves for the next five or even ten years at one time.
Starting from the second half of 2016, land prices doubled and Wang Yi stopped acquiring land.
Buy low and sell high, this is the reasonable investment strategy.
Moreover, even if 500 million square meters of land reserves are acquired in the next three years, it will still not catch up with the total land reserves of Evergrande and Country Garden in the next five years.
What's more, Xingyi Real Estate's 500 million square meters of land reserves are for the next five to ten years, which is not particularly scary.
"Chairman, do you mean that you are optimistic about the domestic real estate market and that land prices and house prices will soar significantly in the future?"
Hu Tianyu couldn't help but ask, thinking a lot in his mind.
If the chairman didn't think so, he would not have acquired 5 million square meters of land at one time in the next two years!
This is horrible.
Only if you have sufficient confidence and trust in the domestic property market can you be so crazy and so radical!
Wang Yi smiled but said nothing: "This matter, if you believe it, it will happen, if you don't believe it, it won't happen. You can't predict the future, but I believe in the development of the domestic economy, and I also believe in your vision for acquiring the land!"
"Act as quickly as possible and make no mistakes. Remember, this is the core new area, and each group should act quickly, submit land acquisition plans, and contact local authorities to move forward quickly."
"Yes!" Everyone responded, not daring to say more.
As for funding?
It is not a problem at all. Once you get the land, you can cash out the mortgage loan and continue to acquire land.
To acquire 2 million square meters of land a year, even if they are all new districts in second-tier cities with very low land prices, 2 million square meters will still require trillions of dollars.
If it's all in cash, it's simply not realistic.
Xingyi Technology can’t afford it even if it sells everything it has.
But it doesn’t matter, land is an asset.
Xingyi Real Estate spent money to acquire the first batch of land, which can be mortgaged as collateral, and then the loan money can be used to acquire the second batch of land, and then mortgage the second batch of land to obtain a loan to acquire the third batch of land...
This cycle repeats itself over and over again, and with only the funds for the first batch of land, 2 million square meters of land reserves can be acquired.
Although they have to bear tens of trillions of loans, and the interest on the loans is not a small amount, it doesn't matter. The value of 2 million cubic meters of land reserves is far greater than these tens of trillions.
In addition, the current property market is sluggish and real estate developers are reluctant to acquire land. Wang Yi can only get a lower price if he acquires land at this time, and he can also obtain interest subsidies from local banks and get lower interest rates.
By the second half of next year, housing prices will skyrocket several times, and the value of the land in Wang Yi's hands will also soar several times.
A trillion will become five trillion.
Five trillion will become 25 trillion.
By then, the previous interest and loans will be a drop in the bucket and not worth mentioning.
With these 5 million square meters of land reserves, Xingyi Technology has become the number one real estate giant, comparable to or even surpassing Evergrande and Country Garden. Taking advantage of the golden period from 2016 to 2021, it can quickly sell houses and collect payments, making profits incalculable.
When the time comes, Europe and America will start a technological war, and Wang Yi will accompany them as long as they want to fight.
The 5 million square meters of land reserves were purchased at a very low price, and the subsequent increase in land prices alone is astronomical. It can be said that Wang Yi has plenty of money.
We are not afraid of the so-called technological war or financial war at all.
Just come and Wang Yiquan will take it.
Burning money can kill European and American giants, and can survive the collapse of the US dollar and the US economic crisis!
With Wang Yi's instructions, the various teams of Xingyi Real Estate acted quickly and began to frantically acquire land in first-, second- and third-tier cities across the country.
(End of this chapter)
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