Finally, it was Babel Construction's turn!
Just as Zhang Hanshu, as before, outlined the general direction for Babel Construction Company's future development...
After a long silence, Chen Xingjun suddenly jumped out again...
......
Chapter 551 Chen Xingjun's Advice
"President Zhang Hanshu, I'd also like to add something here. Regarding the 'Babel Amusement Park' project you just mentioned, I have a much better proposal..."
Chen Xingjun couldn't wait to speak up, continuing the topic that Ding Xin had interrupted earlier.
As they were talking...
He also glanced at Ding Xin, thinking to himself, "Now you have no reason to interrupt me, right?"
"The 'Babel Amusement Park' project is indeed quite well planned..."
However, it still has certain limitations: it is relatively small in scale and lacks a broad perspective, making it appear somewhat petty.
Our Shunyang Construction Company and Xinjin Construction Company have a joint project called "Golden City" development plan!
Currently, it has acquired three plots of land in Kam Ka Tong...
It also happens to connect with the land of the 'Babel Park' project!
so...
I suggest we redesign the 'Babel Park' project...
My idea is to incorporate this project into our "Golden City" development plan to achieve a synergistic effect where one plus one equals more than two!
Speaking of this...
Chen Xingjun straightened up, his tone inexplicably carrying a hint of seduction: "To be honest, our company's professional team has already conducted an evaluation of the entire 'Babel Paradise' project!"
Based on the scale of this project, the estimated cost is approximately one trillion Korean won...
Leaving aside the question of how Babel Construction, currently in dire need of rebuilding, will raise the necessary funds, even if the entire project is successfully completed, the net profit will only be less than 300 billion Korean won...
Moreover, the time period is quite long, so the overall return rate is not high!
But if it's incorporated into our 'Golden City' development plan, then things will be completely different...
Currently, our budget for the 'Golden City' project is 10 trillion won. Once the 'Babel Park' project is incorporated into our 'Golden City' project, we will carry out another upgrade of the entire project!
Preliminary estimates...
The budget will increase by approximately two trillion won!
You could say...
This scale of construction project is rare in South Korea in the past decade, and its prospects are very bright!
If this explanation still doesn't give you a clearer sense of it...
Let me make one more point clear!
Our calculations show that if the 'Babel Amusement Park' project is incorporated into our 'Golden City' project, its projected revenue will at least triple!
Upon hearing this...
The shareholders present began to discuss it amongst themselves, including the minor leaders of the Faith Faction.
"Triple returns?"
They heard it all clearly just now!
The original "Babel Park" project was expected to earn 300 billion won...
If it's three times...
Wouldn't that generate a profit of one trillion won?
What is this concept?
My mouth is practically watering!
With profits easily reaching hundreds of billions or trillions, is this what a true chaebol is?
Until this moment...
These minor leaders of the Faith Faction truly felt the change in their status!
Ding Xin, however, did not participate in the discussion.
He showed no sign of shock or greed, remaining calmly seated in his chair, smoking and sipping tea, looking quite content.
Chen Xingjun's gaze swept across everyone's faces...
They only lingered a little longer when they scanned Ding Xin's image.
Seeing that Ding Xin's expression remained calm, he felt slightly surprised, but he didn't pay too much attention to it and quickly ignored him, continuing to look at the other shareholders.
at the same time...
A smug smile silently crept onto the corner of his mouth.
Once this tempting hook is cast...
He refused to believe that the people in the room could hold back!
After a while...
The discussions in the meeting room gradually subsided, and everyone's faces regained some composure.
At this time...
Zhang Hanshu first glanced at Ding Xin without leaving a trace, and saw that the other party nodded to him almost imperceptibly.
Zhang Hanshu immediately understood the situation, cleared his throat, and said, "Representative Chen Xingjun, the suggestion you just made is very constructive and also very tempting!"
but...
Since you've proactively offered this suggestion, you must already have a concrete plan. Why don't you elaborate on the details...?
What kind of merger are you referring to?
What do we need to give up?
Another thing is...
If we follow your idea, which party will take the lead in the entire project?
besides...
What will the final profit be?
note!
I mean what we can get our hands on!
Hear the words.
Chen Xingjun gave him a deep look, smiled, and without further ado, he uttered all the words he had prepared beforehand.
Everyone in the conference room listened quietly, completely absorbed.
Gradually...
They fully understood what Chen Xingjun meant.
According to him, the land for the "Babel Paradise" project only accounts for about one-fifth of the total land for the future "Golden City" project.
in other words...
The fairest way would be for the Babel Group to contribute one-fifth of the entire project budget to the land and participate in the investment and construction, thereby ultimately obtaining one-fifth of the total profit.
However...
While this approach is desirable, it is not feasible given the current circumstances of the Babel Group.
The Babel Group, which is in dire need of rebuilding, currently has no money in its accounts. If it wants to invest, its shareholders need to inject capital, but this is no small amount.
The only one they could probably offer was Ding Xin.
But how could he possibly take out his money?
certainly...
According to Chen Xingjun, it's fine if they really can't come up with the money or don't want to invest...
You can directly use the land value as an investment!
But in this way...
The projected revenue from Babel's construction will inevitably be significantly reduced.
Preliminary estimates suggest that at most one-tenth of the total profit can be achieved, or 10%!
Of this 10%, nearly half will be taken by Chen Xingjun and Zhao Taiwu, since they also own 47% of Babel Construction.
In other words...
Leaving aside Chen Xingjun and Zhao Taiwu, the total profit that all the shareholders present could receive was only one-twentieth of the final profit of the entire project, or half a percent!
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