Reborn in 2011, 985 missing from two copies

Chapter 709: King bomb advantage, competitors are envious and jealous!
In order to deal with future attacks from Mi, Wang Yi invested a lot of the profits earned by Xingyi Technology into Xingyi Real Estate to acquire land.

When the crash came, the domestic real estate industry was at its peak, and housing prices soared several times.

The value of Xingyi Real Estate's terrifying land reserves, residential buildings, commercial villas, office buildings, industrial parks and other assets will also skyrocket several times.

By then, Xingyi Real Estate will become the most profitable business unit of Xingyi Technology, and will also become the super money printing machine of the entire Xingyi Technology!

When Huazi was beaten hard in his previous life, he had a hard time.

In order to survive, they had to sell Honor to recover funds.

This time, Xingyi Technology owns Xingyi Real Estate. With so many assets, it doesn't even need to sell Wujie Technology. It can have sufficient funds and be able to operate with ease just relying on Xingyi Real Estate.

It won't be a problem to wait until Xiaomi changes its leadership, until Xingyi Technology breaks the blockade and defeats the Xiaomi giant.

This is Wang Yi’s layout - heavily invest in real estate, frantically acquire land, make money by selling buildings, delve deeply into research and development, fight a technological war, and defeat Europe and the United States!

It can be said that Xingyi Real Estate is the financial guarantee and confidence for future technological wars!

The success or failure of Xingyi Real Estate will directly determine whether Xingyi Technology can survive Mi's beating and whether it can win the technology war!
This shows that Xingyi Real Estate’s strategic position is so important that no accidents can happen!

And fine decoration is also the top priority of Xingyi Real Estate.

The home improvement industry is a complicated one, and Wang Yike doesn't trust any third party.

In the future, Xingyi Real Estate will deliver so many fine-decorated houses. If they were all handed over to a third party, and things went wrong and the decoration company ran away, Xingyi Real Estate would be in trouble!
Once the reputation is ruined, Xingyi Real Estate’s houses will not be able to sell and will be unsalable. Then not only Xingyi Real Estate will be doomed, but also the future technology war!
For the real estate industry, reputation and brand are important.

As long as the quality reputation and decoration standards are good enough, not only will the houses sell well during the next real estate peak, but even during the subsequent real estate winter, they will be able to sell well or even sell well.

The prerequisite is that the brand is big, the packaging is good, and consumers recognize it.

Even if the real estate market is in a downturn many years later, there will be no shortage of rich people willing to buy houses.

It’s just that at that time there were many houses but few buyers, which led to an inward-looking market and made buyers more demanding and picky.

In this kind of market, junk properties will naturally be unpopular, unsalable and difficult to sell.

But those good houses from big brands are still hot-selling even though they are more expensive.

There is no way, there is no shortage of houses on the market, but there is always a shortage of really good houses!

If Xingyi Real Estate wants to survive in the future, weather the real estate crisis and maintain its long-term success, it must build its brand, reputation and service.

The standard of fine decoration should be comparable to the high standards of users' own decoration, rather than the inferior fine decoration of other competitors which will fail after two or three years of use!

That’s right, whether now or in the future, all the hardcover products of our competitors are garbage.

Every single one counts, with basically no exceptions.

The materials are very average, not to mention whether they are environmentally friendly, even the basic quality cannot be guaranteed.

Generally, after living in a house for two or three years, various problems will arise, and major rework will have to be done.

If Xingyi Real Estate uses a third party to do the fine decoration, this problem will also arise.

By then, the brand that has been built with great difficulty will be affected, the reputation will definitely be ruined, and the consequences will be unimaginable.

In order to eliminate this problem, Wang Yi decided to directly establish Xingyi Decoration, starting from the source materials to the subsequent construction, and do everything himself, with high standards and strict requirements.

Just follow the user's own decoration standards, achieve unified standards and provide quality service!
"In addition, Xingyi Decoration can also open to the public, enter the field of customized home decoration, and undertake customized home decoration for other users. The main features are our big brand, smart home ecology, smart home appliances, high quality, good materials, and the most professional!" Wang Yi said:

"This way, the decoration is more secure. All raw materials are purchased in a unified manner to ensure that the goods are genuine and the price is reasonable, and the cost can be lowered. For users who need funds, they can also use Xingyi Bank's decoration loan for one-stop promotion!"

Everyone's eyes lit up and they all spoke:
“That’s a good strategy!”

"From design to raw materials, to decoration, to renovation loans, we provide a one-stop service, and homebuyers will definitely like it."

"Not only can we do decoration, but we can also directly promote our Xingyi Smart Home for subsequent furniture and appliances. Our Xingyi TVs, Xingyi zoned washing machines, Xingyi air conditioners, etc. can all be promoted as a whole set, and we can just offer a bundled discount promotion."

Song Si Ning also said: "When the time comes, we will directly renovate all the appliances that we buy, install them all, and debug them. We will even take the furniture and appliances into consideration in the decoration plan, and make a 3D rendering of the appliances after installation!"

Jian Ziyan also became interested: "Yes, on the design drawings, we directly display the renderings according to the standards of our Xingyi home appliances. If users want to buy other brands, they have to check the specific sizes one by one and modify them one by one. The process is very troublesome. I guess those users are annoyed. If they directly choose our Xingyi home appliances and Wujie home appliances, users only need to give their budget requirements and we will take care of everything. Customers can save trouble and it is also a big brand with more guarantees."

“That’s right, and all of it can be financed with renovation loans, which greatly reduces the customer’s costs,” Wang Yi said with a smile.

He knew very well that many home buyers emptied four or even six wallets.

Basically, once you buy a house, you become extremely poor.

The decoration will cost hundreds of thousands to several million yuan, and the furniture and appliances will also cost tens of thousands to hundreds of thousands of yuan.

The sum of the two is not a small amount. As long as it is not a rental property, the decoration + furniture and appliances will basically start at 20!
But as long as you use Xingyi decoration and buy furniture and appliances under Xingyi Technology, this will not be a problem. As long as your credit is fine, you can directly apply for Xingyi decoration loan, which is a one-stop solution.

Moreover, all the necessary home appliances can be accurately taken into consideration during the design, and the actual renderings can be displayed.

It’s not like many people who have built the cabinet but can’t fit the washing machine in it.

The design of a built-in refrigerator is very beautiful, but the actual production is far from perfect, leaving a big gap, which leads to the failure.

Or the design is precise, but the actual size is a little off and it can't be inserted at all, so you have to dismantle the cabinet and return it to the factory...

This is frustrating, expensive, and the most common reason for renovation failures.

But with Xingyi Decoration + Xingyi’s products, you can get a one-stop solution without so many accidents!
This is the core competitiveness.

"The Xingyi Decoration Division was established immediately. We will open stores across the country in the next two years. We will undertake interior decoration of shopping malls, apartments, industrial parks, and science parks in various places, and also undertake decoration design services for third-party customers of all sizes."

"When our own house is gradually completed in the second half of next year, the decoration team will come in and start decorating."

“At the beginning of the year after next, the units will be delivered with perfect decoration. Even those units that were completed earlier can be aired for half a year before delivery. Customers can just pick up their units and move in without having to ventilate them for another half a year!”

"Yes." Everyone responded.

In a residential area, basically a dozen buildings have to be built and decorated before they are delivered together.

However, those buildings that started construction earlier were completed earlier, and the decoration was also completed earlier. When they were finally delivered together, the early ones had been exposed to the sun for more than half a year. In addition, the materials used were environmentally friendly, so they could be occupied directly.

When the time comes, sell those houses that have been well-appointed first. Homebuyers will rush to buy them and the price can be higher!

Once these houses are sold at high prices, the prices of other houses behind them will only be higher!

Xingyi Real Estate also has higher profits.

This is how home buyers are. A house that no one wants to buy will never be bought.

The looted houses keep being looted!
Wang Yi changed the subject:
"Xingyi Real Estate has a huge funding gap, and development loans alone are not enough. Next, Xingyi Bank will issue a wealth management product for Xingyi Real Estate, which will be backed by Xingyi Technology, with principal and interest guaranteed, and an interest rate of about 4%, raising 200 billion yuan!"

“There are also supply chain loans that can be advanced.”

"Yes." Duan Leijun responded quickly.

The land of Xingyi Real Estate must first be pledged to Xingyi Bank for a development loan, with a loan of 70%!

If other companies were to issue financial products in addition to development loans, it might be difficult as many would worry about a financial crisis.

But Xingyi Real Estate is different.

It is a subsidiary of Xingyi Technology Group and has the credit endorsement of Xingyi Technology Group, with capital guaranteed. The public will not doubt it and even feel that there is no possibility of a financial crisis.

Coupled with the 4% interest rate, which is much higher than bank fixed deposits, this financial product is sure to be a hot seller.

For Xingyi Real Estate, the interest rate of this financial product is much lower than that of development loans!

Wang Yi promoted Xingyi Bank in order to enter the Internet finance industry and make money.

On the other hand, it allows Xingyi Real Estate to raise funds and acquire land at a lower cost!
If other real estate companies entrust Xingyi Bank to issue this kind of wealth management product, Xingyi Bank will definitely conduct multi-faceted investigations and put forward a series of requirements, such as requiring land to be pledged, shares to be pledged, etc., to ensure that there will be no failure before agreeing, and the interest rate will be 6%, or even higher.

After all, Xingyi Bank has to make some money. Who would do something that has no profit and requires taking some risks?
But as we have our own Xingyi Real Estate and our own Xingyi Bank, there will be no problem.

4% of the cost price is fine.

Consider it as helping a brother unit! In addition, at the beginning of next year, in order to boost the real estate industry and encourage real estate developers to acquire land, the village will relax restrictions on real estate developers issuing corporate bonds.

At that time, Xingyi Real Estate can also rely on its strong financial advantages, land reserves and reputation to issue corporate bonds again and raise a huge amount of funds again!
Like Vanke in its previous life, it had an excellent credit and a low debt ratio. In 2015, it issued 50 billion corporate bonds with a term of five years. The first phase was 30 billion with an interest rate of 3.5%, and the second phase was 20 billion with an interest rate of 3.5%-4.6%!

Evergrande is even more impressive. In 2016, it issued 200 billion yuan of corporate bonds with an interest rate of 5.8%...

Although it is stipulated that corporate bonds cannot be used to acquire land, they can only be used to repay bank interest...

But there is a lot of room for maneuver here, and with so many loans, the bank interest that needs to be repaid every month is also an astronomical figure. It is also good to use corporate bonds to repay the bank...

Wang Yi began to calculate how much money he could raise and what the loan interest rate would be through this series of loan operations.

First is the development loan from Xingyi Bank. Since it is issued by the bank itself, the interest rate certainly cannot be high. It is basically based on the lowest benchmark interest rate of 4.9%. Some places will even provide interest subsidies with lower interest rates. 70% of the funds can be loaned out by mortgaging land.

If Xingyi Real Estate acquires land worth 2000 billion yuan, it can theoretically lend out 1400 billion yuan.

But unfortunately, Xingyi Bank had just started up and did not have that much money to lend to Xingyi Real Estate.

Even if Xingyi Bank develops rapidly, the loan scale of the entire Xingyi Bank may only be 1500 billion next year.

Even if 6% is loaned to Xingyi Real Estate, it would only be 900 billion.

Xingyi Real Estate Financial Management, interest rate 4%, raised 200 billion...

Five-year corporate bonds at 3.5%, raising another 200 billion...

The three together amount to more than 1500 billion yuan in funds, plus some of the company’s own funds, which is enough to acquire billion yuan worth of land!
What is this concept?
It has surpassed Vanke and is catching up with Evergrande, the number one in the country!

Of course, if necessary, Wang Yi will continue to increase his investment and continue to issue financial products and corporate bonds.

Xingyi Bank is developing rapidly. If the loan balance is sufficient, development loans can be further increased, and even share pledge operations can be carried out.

In this way, we can acquire as much high-quality land as possible in 2015, reaching 2000 billion worth of high-quality land!

By the beginning of 2016, housing prices in first- and second-tier cities will generally rise by 30%-50%, and land prices will also skyrocket.

Not getting much land in 2015, feeling sad in 2016, crying to death in 2017, and standing guard in 2018!
Especially with Xingyi Bank, it will be more convenient and cost-effective for Xingyi Technology to raise funds.

Whether it is technological research and development or Xingyi Real Estate's land acquisition, funds will no longer be a problem, and the cost is extremely low, as low as about 4%.

4.9% development loan + partial local interest subsidy, 4% real estate investment, 3.5% corporate bond!
All in all, isn’t the loan cost around 4%?

Low!
too low!
It's totally free!

It’s so cheap that it makes other real estate developers envious!
The village regulations clearly prohibit banks from issuing land loans.

State-owned enterprises and listed real estate developers can also obtain development loans through project mortgages, with a base interest rate of 4.9% and an increase of 10%-30%, or 5%-6.5%.

Other real estate developers are unable to obtain development loans, so they can only resort to trusts, asset management plans, private lending, US dollar bonds and other channels.

The cost of acquiring land is even higher, very high, extremely high!
For example, for a trust plan, the loan interest rate is 12%-18%, plus the channel fee, the actual cost often exceeds 20%!

The loan interest rate for the asset management plan is 10%-15%.

The interest rate for private lending is 18%-24%, or even higher, which is purely a poison to quench thirst for small and medium-sized real estate developers!
The interest rate for US dollar bonds is 3.75%-15%, depending entirely on the company's credit rating.

High-quality central and state-owned enterprises such as China Resources and China Overseas have high credit ratings of BBB+/A-, and the interest rates on their US dollar bonds may be 3.75%-5.5%!

5%-7.5% for high-quality companies with BB+/BBB- such as Vanke and Longfor.

For highly leveraged companies like Evergrande and Sunac, with ratings of B-/CCC, the rate would be 8%-15%.

It is for this reason that Evergrande acquires land at an interest rate of 12%-14% through trust + overseas bond issuance!

Through equity pledge + asset management plan, Sunac acquired land at an interest rate of 15%-18%.

Vanke acquires land through the most stable bank development loan + corporate bonds, with the lowest interest rate being 5.5%-6.5%!

Through development loans + corporate bonds + overseas bond issuance, Poly, China Resources and China Overseas have an annualized comprehensive return of 5%-5.5%!

With the help of Xingyi Bank, Xingyi Real Estate develops loans, wealth management and corporate bonds at a rate of 3.5%-4.9%, which adds up to 4%, lower than Vanke and Longfor, and also lower than Poly and China Overseas. It is incredibly low!

There is no way, this is the king bomb advantage of Changliao Payment + Xingyi Bank, an advantage that competitors envy and hate!
With sufficient funds, Xingyi Technology will not only increase its land acquisition efforts, but will also accelerate development and construction!
In recent years, Xingyi Real Estate has acquired a large amount of land and built a large number of projects across the country.

However, most of these projects are commercial and industrial projects such as shopping malls and industrial parks.

So far, the residential projects have basically not started construction.

The plan of Xingyi Real Estate is to develop industrial and commercial supporting facilities first, and then build and sell buildings.

Starting next year, a large number of Xingyi real estate projects located across the country will start construction in batches.

The construction period was about two years, and by 2017, housing prices had been soaring, and a large number of Xingyi properties happened to be fully completed, available for sale, and even delivered with fine decoration!

The first houses to be put on sale are definitely fully furnished.

The main feature is what you see is what you get, you can move in as soon as you receive your package!
There will be unfinished houses in the future, but Xingyi customized and finely decorated houses will also be launched.

Xingyi Decoration will make a plan with the customer and enter the site to carry out decoration in advance before the house is handed over according to the customer's requirements.

While other customers have just received their houses, customers who have chosen Xingyi for decoration have already received fully-decorated houses, and these fully-decorated houses are customized according to their own needs!
In this way, it will be difficult for Xingyi Decoration not to expand!

The next few years are destined to be a turbulent era!
It is also the era when Xingyi Real Estate and Xingyi Decoration are in the limelight!
It would be really interesting if, facing the blow from Mi, Xingyi Technology not only did not struggle, but became wealthy relying on Xingyi Real Estate.

Maybe the next American leader will have a heart attack because of the anger.

Wang Yi was full of expectations for this.

In the next few days, the Xingyi Decoration Division was quickly established and began its nationwide layout.

The next few years will not only be the peak of the real estate industry, but also the peak of the decoration industry.

In the next two years, Xingyi Decoration made gradual progress. It had its own business and accepted commissions from external customers. It was able to expand rapidly while ensuring profits.

Exactly one and a half years later, Xingyi Decoration had grown and expanded across the country. The real estate market also reached its peak and housing prices began to soar.

Xingyi properties located across the country have also begun to be completed one after another, and Xingyi decoration has entered the market and started mass decoration.

By then, neither quality nor profit will be a problem.

Wang Yi had planned all of this out.

Just wait for the times to develop.

At the same time, major computer manufacturers were also busy.

Double 970 is approaching, and brands such as ASUS, Lenovo, Shenzhou, Dell, HP, and Thunder have released new desktops and notebooks equipped with Starry RTX .

Desktop computers basically go on sale on Double 12 and sprint to the Double 12 sales list!

Most laptops are on pre-sale and will only go on sale at the end of the month.

There is no other way. Desktop computers are easy to assemble. Just remove the graphics cards of the unsaleable GTX 970 desktop computers in the warehouse, replace them with RTX 970, and then reinstall the system.

Very simple.

But it’s different with laptops. It’s not so easy to replace the graphics card of a laptop. Some are even soldered and cannot be replaced at all, so they can only be remade.

Therefore, it will be launched at the end of the month.

Soon, the Double 12 promotion officially arrived.

Unlike Double Eleven, this time, the desktop market has changed drastically.

All major brands are working together to compete for the Double 12 event, giving consumers more choices.

(End of this chapter)