Chapter 376 Oraz's Understanding
"If the definition of the new Dubai is luxury, then the definition of the new Lion City is precision." As the CEO of Alpha Technologies and regarded as Samad's puppet, Oraz is in high demand in New York.

“Wall Street has never been more welcoming to a Malaysian,” said the New York Times’ front-page headline.

Oraz held a project briefing on the 102nd floor of the Empire State Building, a landmark building in New York, planning to introduce the New Lion City plan to global capital and raise sufficient funds.

Although China has been catching up with America in many aspects, New York remains the center of world finance for various reasons.

As possibly the most imaginative project of the 21st century, the funds required to be raised are naturally astronomical.

OpenAI raised 66 billion, Light Armor Aerospace raised 80 billion, and Alpha Technologies' New Lion City plan will have to raise at least billion US dollars per year.

Alpha’s plan is indeed huge, and the application of a large number of emerging technologies means extremely high costs.

“The New Lion City is jointly built by Lion City and Alpha, and all profits from Alpha’s future synthetic sand technology will be invested in the New Lion City project, but we may still need funds as a supplementary part of the New Lion City project.

In the New Lion City, except for the residents living in them, all buildings are only for rent and there is no concept of sale. In other words, all buildings in the New Lion City belong to Alpha and GIC.

Therefore, we need to raise funds from global investors. Currently, we are only raising funds around possible funding gaps. For strategic investors, when there is a funding gap in the construction of the New Lion City, we will collect corresponding funds from them according to their investment shares to continue to promote the construction of the New Lion City. "

The bottom line is that there is not enough money. Lion City's annual expenditure is about 7000 billion RMB. In terms of financial strength alone, Lion City obviously cannot squander without reason like the UAE.

Even if they increase the budget by 100 billion RMB per year to invest in the construction of the new Lion City, Alpha Technology's synthetic sand has amazing potential and is almost a hard currency that can be sold as long as it is produced, but they still face the dilemma of insufficient initial funds.

The purpose of financing is to advance the progress of the overall project as quickly as possible.

The investors from all over the world present here had only one thought in their minds, that is, America and China were really generous and actually wanted to share the cake with everyone.

I didn't expect there would be such an opportunity in the 21st century.

It was thought that the Marshall Plan of the 20th century would not appear again in the 21st century, but a similar plan was repeated in the 21st century.

However, after reading the construction plan of the New Lion City, Oraz and Chen Yuanguang had different interpretations, with Oraz describing it as "precise".

This was difficult for the potential investors present to understand.

It’s a bit inappropriate to define a city as precision is a word used to describe clocks.

“Mr. Oraz, I have no doubts about how the investment will be promoted, how the specific shares will be allocated, and how the post-investment benefits will be divided. I just don’t quite understand what kind of new urban area you want to build.

Accuracy alone obviously cannot give us an intuitive understanding.

Because in my understanding, if all properties and units of New Lion City are only rented and not sold, it means that every building will require New Lion City, Alpha Technology and investors to pay for it.

This is undoubtedly a huge amount of money, and now Alpha Technology wants to raise this money by selling shares, rather than through borrowing or other means.

Then the return on this investment will only be the rental income of the New Lion City. What we are investing in is the largest property project in the world ever. It will be dozens or even hundreds of times larger than the property projects in China during the most prosperous period of real estate development.

This involves many factors such as execution ability, cash flow, property location, etc.

Considering that it is backed by Alpha Technology and Lion City, and that the new Lion City is built on reclaimed land based on the current Lion City's geographical location, and is geographically capable of siphoning the population from all over Southeast Asia, these are not a problem.

So what kind of city is the New Lion City? This is directly related to whether the future profits of the project will be substantial enough.

So I hope Mr. Oraz can explain it more clearly. "

Singapore has 700 million people crammed into 500 square kilometers, while Hong Kong has 1000 million people crammed into 700 square kilometers. The two cities are equally crowded.

Therefore, for these two places, it is difficult to make a loss on properties.

Furthermore, with synthetic sand technology and Chinese construction parties to reduce costs, investors are not concerned about the returns or whether they can make a profit, but whether the specific returns are 5 percentage points or 10 percentage points.

This is related to how much cash flow they need to allocate.

Of course, the New Lion City is not completely risk-free. Its only risk is war. If a large-scale war breaks out, the Lion City will definitely be destroyed. If the nest is overturned, no eggs will be left unbroken, and the New Lion City will not survive either.

After Oraz gave a brief introduction to the plan for the new Lion City, the knowledgeable financial industry executives present had ideas similar to Lin Jia's.

Which first-tier city in the world have you not been to? To put it bluntly, your style is for robots to live in. Can humans really accept it?
“Is this a bit too radical? People are integrated into the entire city like gears, but can humans really accept such a place?”

"Such a city is too depressing. It is a city built of reinforced concrete and light and shadow effects, and the architectural style is monotonous. I have no doubt that it can make a profit, but its profit cycle may be far beyond our imagination."

"I am just curious whether Singapore will open up the DB license to the new Singapore. If so, then this kind of precision is a different concept."

The faces of many people who had similar ideas to this executive suddenly changed, because they were thinking about asking Oraz privately whether he had a DB license.

Just like what Chen Yuanguang said yesterday, this is to replicate virtual reality in the real world. If there is a DB license, and if every building has a dedicated DB unit, then the speed at which this place sells money will be unimaginable.

Everyone assumes that Alpha Technology is the real owner of Lion City, so getting the DB license is just a matter of Samad's words.

However, Oraz refused decisively:

“Everyone, New Lion City is a city of the future. Making money is never the first priority for New Lion City. New Lion City will not develop the db industry now and will not develop it in the future.

The goal of building the New Lion City is to point the way for the future lifestyle of mankind, and the future lifestyle of mankind is obviously not composed of db. "

Oraz thought it would be a long negotiation, but it ended that day.

The Gulf sovereign funds from the Middle East packaged and promised to take as many shares as they wanted. The scale of the Middle East sovereign funds, if measured in US dollars, is trillions of US dollars, not one trillion, but trillions, which is almost the same as China's foreign exchange reserves.

After reading the construction plan of the New Lion City, they offered to cover the entire project without hesitation, saying that you don’t have to talk anymore, we’ll take care of it all.

The Middle Eastern sovereign fund has only one requirement, which is that if the construction of the New Lion City cannot continue due to an accident, Alpha Technology needs to transfer the synthetic sand technology to them, which is equivalent to an investment with a risk guarantee.

What is used as a guarantee is not the debt, but the synthetic sand technology whose value cannot be measured in monetary terms.

After the big investors came out to back the bottom, several American investors got involved, and it was not the turn of European investors at all. The Norwegian sovereign fund, which was the most interested in this project in the early stages of contact, failed to enter the next round.

To the outside world, it is just a dazzling feeling, as news from Lion City occupies the main pages most of the time.

The latest developments in Singapore appear every now and then in international news broadcasts.

Bloggers who comment on current affairs have made a fortune thanks to this wave in Singapore.

Lin Qinghua was also dazzled by what he saw in the group. After the management regulations were passed, the wealthy people in the Zhejiang Chamber of Commerce were eager to transfer the money back to Hong Kong, and then after things stabilized, they considered transferring the money to Singapore.

After the funds for the New Lion City project were in place and Oraz, as the representative of Alpha Technology, completed the contract signing at the Empire State Building, these wealthy people began to slowly move their money to Lion City like ants moving house.

Lin Qinghua didn't even have time to take action.

"Hey, Lao Ma, are you really so optimistic about Singapore?" Lin Qinghua asked.

Before, his rank was not high enough to be on close terms with Lao Ma, but now it is. Now even Lao Ma has to give him face. Whenever there is a dinner party in Hangzhou, he will call him no matter what.

The two had known each other for at least fifteen years at the Zhejiang Chamber of Commerce. Before that, they had always been a bit like the friendship between gentlemen, knowing each other, and it was not an exaggeration to say that they were friends, but you couldn't say they played together either, because they didn't have many common topics.

People who do real estate business and those who do the Internet business have different ways of thinking.

As a result, in the past two years, everyone has a lot to talk about, even though Lao Ma once wanted to expand his business and drag Lin Qinghua into it.

In the end, Lin Qinghua was dragged into the water. He also holds a 15% stake in the driverless taxi company jointly established by Alibaba and Leapmotor.

This company's approach is to provide ultra-low-cost driverless cars, reducing the cost of manufacturing cars to less than 10 yuan, and then creating the most comfortable driverless experience at this price.

Leapmotor is responsible for car manufacturing, Alibaba is responsible for technology research and development, and Lin Qinghua appears to be investing purely financially, but in fact he is just helping them jump the queue.

Because Guangjia Aerospace has reduced the cost of satellite launch to a very low level, new energy manufacturers have begun to launch optical satellite networks to improve end-to-end unmanned driving capabilities.

The demand for launches is strong, and a large number of new energy manufacturers have launch needs lined up, and Lin Qinghua can help them advance their launch needs.

Moreover, this new company did not start by manufacturing cars, but instead began by specializing in the recycling and transformation of online-hailing cars. It is difficult to lower the cost of manufacturing cars to 10 yuan, but it is much simpler to transform online-hailing cars.

After the market of online ride-hailing drivers was squeezed by driverless cars, the eliminated Didi drivers had to find other jobs. Many chose to dispose of the online ride-hailing cars. They specifically bought back these online ride-hailing cars at super low prices and then converted them into driverless taxis to run on the road.

After this behavior was exposed, people were cursing online, and Alibaba’s marketing team did not give any explanation. The only thing they did was to compare prices.

Through comparison, I want to tell you that if these online car-hailing drivers sell their cars to used car dealers, the price they can sell them at will only be lower than ours. We are already kind enough.

With the help of the internet troll army, the target of the attack became the car dealers who were suppressing the prices of used online-hailing cars.

It is not just the giants in China who are always unwilling to let go of any scraps, because China is so large and has so many people, so even a little scrap multiplied by a huge number is a big piece of cake. Any creature in the ecological chain that is defined as capital will not give up food that can strengthen itself.

“It’s not me who is optimistic, it’s global capital that is optimistic.

This time, Oraz went to New York to promote the New Lion City plan led by Alpha Technology. Global capital has paid for it, which means that the forces behind everyone have made a judgment and recognized that the power of Lion City has been transferred to Alpha Technology.

If we look at Oraz's visit to New York from an abstract perspective, it is better to say that he went to represent the actual controller of Alpha Technology to be crowned as the king of the Lion City rather than to attract investment. "Old Ma said while drinking tea.

"To use the Chinese language, it is called, before there was substance but no name, now there is substance and name. For a construction project as large as the New Lion City, 300 square kilometers of land reclamation plus urban construction, what does it need most?
What is most needed is a stable environment.

If someone wants to cause trouble to shake Alpha Technology's position, these capitals will definitely not invest real money.

We are not talking about Russia, we are talking about Israel. Europe and the United States support them enough. Every politician has openly said that we should support Israel.

But real money doesn’t lie. When they started the war, foreign investment plummeted. The decline was more exaggerated than a halving.”

According to statistics from RISE Israel, a local think tank in Israel, foreign direct investment in the first quarter of 4 fell 56% from the previous quarter, and was even less than a quarter of the first quarter of 23.

“Foreign investors will flee when Israel is in turmoil. If Singapore were still in turmoil, investment would never be agreed so quickly.

So don't worry, we only have a few dollars there, and the Middle East and America also have a few dollars there. If they can go, we can go too. "Old Ma vowed.

What he regretted was that during the years when he was not involved in the actual management of Alibaba, Alibaba missed out on investment projects such as Alpha Technology and was even picked up by Tencent.

In their view, Tencent is just picking up a bargain. Although Alpha Technology is not listed, its valuation is at least over US$500 billion. Even considering its control over the Lion City, its true value cannot be measured by money at all.

Looking back now, I feel that Tencent has made a huge profit again.

“Our representatives also went to the Empire State Building, but we had no way to invest in the New Lion City project.

Your daughter and her friends are really awesome. They were the earliest venture capitalists of Alpha Technology."

(End of this chapter)

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