Spring Breeze Twenty Years

Chapter 1269 Conditions of Cooperation

Xiao Wei thought for a moment, then looked up at Zhang Wu and said, "That's a good idea, since we're going to acquire land and projects anyway. But there's one problem: the difference between your original investment price and the current one is too big, which will make things difficult."

Zhang Wu waved his hand and said, "That's a small matter. It's just a matter of market price. It's worth whatever it's worth now. I'll use this to cooperate with you, okay? I'll take whatever percentage I can get in the end, and I definitely won't cross the line."

Chen Hui laughed and said, "Fifth Brother, are you thinking of getting this thing out?"

Zhang Wu nodded: "I won't lie to you, everyone over there went crazy back then, and everyone who went here made some money, since the channels were there. I did too. But it collapsed so quickly afterwards, nobody expected that."

The result is what it is now; a large number of things have gone wrong. Although those above don't say anything, everyone knows the truth. There are no secrets at this level. My thinking is that no matter what, we've already made some gains in the past, so we should plug these holes later.

As for whether we can make money here, and how much we can make, that's not important right now. Of course, it would be best if we could make some money. I also believe you guys can get things going, so let's try to kill two birds with one stone, haha.”

The group clinked glasses, and Xiao Wei said, "That's not a problem, as long as the project is suitable. This won't affect the older generation much, right?"

Zhang Wu said, "There's no obvious impact, but there's still some behind the scenes; it's not a pleasant thing to say."

Chen Hui asked, "Is your company still operating?"

Zhang Wu said, "Yes, it seems they've been involved in several companies before, but I'll have to ask for details."

Xiao Wei said, "Get me some information about the land and projects you have. We're going there in the next few days, so we can take a look. If it's suitable, we can cooperate. It's a small matter. But let me make this clear beforehand: the projects have to be suitable, and the price will definitely be based on the current rates."

Recovery over there won't happen overnight; it will take time. Projects also need to be done gradually. We really can't rush this, and I can't take over everything at once—the risk is too great.

Zhang Wu said, "That's for sure. It's up to you guys. Just consider my side more. I won't hide it from you. I've already got what I wanted. Whatever I give later is free money. It's better than just throwing it away."

Chen Hui said, "We still need to inform them beforehand, otherwise the province might take it back if we delay, which would be troublesome."

Zhang Wu nodded and pondered for a moment.

In reality, these rich kids don't actually run any projects; they're all just making a quick buck. The reason that place became so popular so fast is directly related to these people, and when it collapses, they won't be the ones losing money. They've all made a fortune.

As for what happens to the local area in the future, what does that have to do with them? Those rotten projects were just abandoned anyway, and no one will bother with them again unless they become valuable again. Now that there's a chance to dig money out of these rotten projects, Zhang Wu is definitely willing to do it, since he doesn't have to pay anything more.

And he wasn't lying. Hainan had collapsed. Although the higher-ups hadn't said anything, everyone knew the details clearly, and it couldn't be hidden at that level. If he could really cover things up and clarify things on his side, it would be a good thing for his father. At least his reputation would be significantly improved.

Just as they were pondering this, Changqing, who had been silent until now, raised his glass and clinked it against Xiaowei's, asking, "What do you guys think of the commercial housing in Kyoto?"

Xiao Wei said, "I'm not really sure about that. We've always focused on commercial real estate for our own use, and we haven't done much residential real estate, nor have we specifically focused on it. However, based on my experience of staying here for the past six months, the demand for housing here is quite high."

I feel that as long as there are no problems with the demolition and relocation, building houses in Kyoto will definitely sell well, and there might even be a buying frenzy. I just don't know what the policies are like here. This is Kyoto after all; the government can't let us do whatever we want. It has to comply with the planning regulations.”

Changqing said, "My family lives in Jianshekou. There aren't any problems with urban and rural construction management policies or land. Do you think we could explore the residential sector together?"

Xiao Wei said, "I'm not familiar with the relevant policies on demolition and relocation in Kyoto. Is this area the responsibility of the developer or the government? And what about Tongping and the like?"

Changqing said, "In this area, corresponding policies and regulations will be issued, but implementation will still be the responsibility of the real estate sector. However, the government will establish relevant departments to cooperate. In general, it's a collaboration between the two sides. The specific terms vary from place to place."

Xiao Wei said, "If we want to develop residential real estate, first of all, we will definitely follow the relevant regulations in terms of demolition and relocation. We will not do anything else, let alone exploit the people. This is also why I have never liked to get involved in this area."

But that would definitely increase costs. Can you accept that? Also, can high-rise buildings be built freely in Kyoto? I'm really not interested in these five or six-story pedestrian buildings.

Zhang Wu said, "That's for sure. High-rise buildings cost at least three or four thousand, while ordinary residences only cost a little over a thousand. There's too little room for maneuver."

Xiao Wei laughed and said, "Yes, it's easy to operate at a high level, and you can earn money with a clear conscience. Things like demolition compensation become minor issues, and you don't need to think about them too much."

Chen Hui said, "I think cooperation is possible, it's just about setting up a company, but there are two points. First, we must hold a controlling stake. If you want to add people in the future, you should resolve it internally and it cannot affect the company's shareholding ratio."

Secondly, there's the issue of development location and structure. Ordinary residential buildings are out of the question. Kyoto has plenty of beautiful locations and scenic spots; developing high-end residences, business districts, or villa areas would be easy to sell, and the profits would be substantial.

Changqing said, "Isn't the investment part negotiable? Why does it have to be you who controls the company?"

Chen Hui said, "We're afraid of trouble. We only do legitimate business, we don't get involved with state-owned enterprises or officials, we don't cheat ordinary people, and we will never consider going public in the future. If we don't have a controlling stake, the future is uncertain, so it's better not to do it at all. It's better to be friends happily like this."

Zhang Wu paused for a moment, released the food he had already picked up with his chopsticks, and turned to look at him: "Why not go public? Aren't all companies these days racking their brains to go public? Going public means access to capital."

Chen Hui shook his head and said, "This is a decision we all made together. None of our companies will go public."

Xiao Wei said, "There's no conflict. Cooperation doesn't necessarily mean we all have to form a company. Two companies can cooperate, it's just a bit more troublesome, as we need to sign a contract for each project. Internally, you do your thing, and we'll do ours. It won't affect whether you go public or do anything else."

Zhang Wu picked up a piece of food, put it in his mouth, slowly nodded, and said, "That's true. I still don't quite understand."

Chen Hui laughed and said, "What's there to not understand? We don't need to make money; it's too tiring and there are too many rules. We'll just do our own thing slowly and be content with a worry-free life. There's no point in doing anything else."

(End of this chapter)