After the divorce, he went on a motorcycle trip, and his ex-wife and daughter were filled with regre

Jiang Ye didn't speak, but his fingers swiped quickly across the screen, skimming through the dry data, policy documents, and geological survey reports.

Seeing Jiang Ye's focused expression, Lei Heng continued, "Boss, actually, the company's investment committee has a lot of disagreements about this project."

"Oh? Tell me about it," Jiang Ye asked without looking up.

"The dissenting voices mainly focus on the overall industry environment."

Lei Heng analyzed, "As you know, the real estate industry as a whole has been in a downturn for the past two years. Government policies have tightened, bank loans are more stringent, and people's willingness to buy houses has continued to decline. Many once-glorious leading real estate companies have gone bankrupt, and there are unfinished buildings everywhere."

"Against this backdrop, real estate has become a sunset industry that the capital market avoids at all costs. In the past two years, Kunlun Capital has also been reducing its investment in the real estate sector and instead focusing on new energy, artificial intelligence, and biomedicine."

"Although the 'Cloud Top Town' project is well-planned, the initial investment is a bottomless pit. Just the land acquisition and initial infrastructure construction alone will probably cost billions. Once the funding chain breaks, or if the later sales and investment promotion can't keep up, these billions of yuan will be completely tied up. The risk is too great."

After Lei Heng finished speaking, he quietly looked at Jiang Ye, waiting for his instructions.

In fact, Lei Heng himself was inclined not to invest. In the current economic climate, having cash on hand is the key to success; venturing into asset-heavy, high-leverage projects like real estate is tantamount to playing with fire.

Jiang Ye finished reading the last line of data and casually tossed the tablet onto the coffee table.

He picked up the bottled water on the table, took a sip, and then looked up at Lei Heng:

"Lei Zi, the concerns of those on the investment committee are valid in conventional logic. The real estate market is indeed declining, and the era of making money by blindly buying land is over."

Jiang Ye's voice wasn't loud, but it carried an undeniable certainty: "However, they overlooked the most crucial issue—policy guidance and the fundamentals of urban development."

Jiang Ye stood up and walked to the somewhat mottled white wall in the living room, where it looked as if a map of Hanzhou City was hanging.

"Look at the current situation in Hanju. The old city is already saturated, with traffic congestion and high demolition costs. It's like an old man entering his twilight years, having lost its vitality for development."

"And what about Handong New Area? It's a blank canvas, ready to be painted with the newest and most beautiful designs. Have you carefully studied the official documents recently issued by the government? The province has clearly approved the development of Handong New Area into the province's sub-economic center. The future high-speed rail south station, the second phase expansion of the international airport, and the new campuses of several key universities are all being relocated to Handong New Area."

Jiang Ye turned around, his eyes fixed intently on Lei Heng: "What does this mean? It means an influx of population, an agglomeration of industries, and a massive influx of resources!"

"The Yunding Town project, on the surface, appears to be a real estate project, but in reality, it is the core engine for the future development of the Handong New Area. The government put it up for tender not to sell land and make money, but to find a capable operator to help them create a benchmark!"

"During a downturn, ordinary residential projects are indeed poison. However, these core assets, which are tied to the city's development and the nation's destiny over the next decade, are not poison at all; on the contrary, they are the scarcest safe-haven assets!"

Jiang Ye's words were like a wake-up call, causing Lei Heng's eyes to widen instantly.

He had only seen the overall decline in the real estate industry, but overlooked the huge structural opportunities that still existed in certain regions and with the support of specific policies.

"Boss, you mean... Kunlun Capital wants to participate in this project?" Lei Heng's breathing became somewhat rapid.

Jiang Ye nodded, his eyes deepening: "No matter who ultimately acquires this land, they will all face a huge problem—a lack of funds. A financial pie worth tens of billions—no developer these days can handle it on their own."

"This is the time for Kunlun Capital to step in."

"We will participate as limited partners (LPs). We will establish a special industry fund to provide financial support to the successful developers."

"They act as general partners, responsible for doing the work, managing the operations, and bearing the development risks. We act as limited partners, only providing capital and not interfering in the specific operations, but we take the lion's share of the profits and require the project assets to be used as underlying collateral."

"In this way, we can enjoy the benefits of the development of the Handong New Area while avoiding the direct risks of real estate development. Even if the project really runs into problems, we will definitely not lose money because we hold the mortgage rights to the core plot."

Jiang Ye looked at Lei Heng and said, word by word, "Therefore, this 'Cloud Top Town' project is not only something we need to pay attention to, but also something we need to focus on as a key project for Kunlun Capital in the second half of this year. After you go back, immediately organize a team to conduct background checks on the developers who are currently interested, and find out their strengths and financial situation."

After listening to Jiang Ye's impeccable strategic plan, Lei Heng sat on the sofa and remained silent for a long time.

His heart was churning with indescribable shock and admiration.

Absolutely!

That's absolutely amazing!

While everyone else was avoiding real estate, the boss was able to keenly sense the enormous potential of the Handong New Area from macroeconomic policies.

Just when everyone thought they were about to engage in a fierce battle to seize territory, the boss casually unveiled the strategy of "becoming an LP".

It can be used for both offense and defense.

They shifted the risks to the developers while keeping the lion's share of the profits firmly in their own hands.

Such precise control over the macroeconomy and masterful skill in capital operation are simply breathtaking!

Lei Heng looked at the man in front of him, dressed in ordinary casual clothes and sitting on a cheap sofa, and his eyes involuntarily revealed an almost fanatical admiration.

Also.

Without such keen insight and such shrewd methods, how could Jiang Ye, a penniless veteran, have built Kunlun Capital from scratch in just a few years?

How could Kunlun Capital still maintain its leading position as a bellwether in the domestic venture capital industry after seven years of seclusion and indifference to worldly affairs?

Everyone outside thought Lei Heng was a legend in the investment world, but only Lei Heng himself knew that he was just an executor pushed to the forefront by his boss.

The true God has always been sitting behind the scenes.

"Understood, boss!"

Lei Heng took a deep breath, stood up abruptly, and said with utmost respect and excitement, "I will immediately set up a special task force to personally oversee this Cloud Top Town project. Regardless of which developer wins the bid, I guarantee that Kunlun Capital will enter the fray as the largest LP with the best possible terms!"

"Okay, go do it."

Jiang Ye nodded in satisfaction, then glanced at the clock on the wall.

It's almost 1 p.m.

"Alright, let's leave work here for now. You should go back and get busy; I need to get ready to leave too." Jiang Ye stood up and gestured for him to leave.

"Boss, are you going out? Where are you going? I'll have the driver take you," Lei Heng said quickly.

"No need, I'll ride my motorcycle."

Jiang Ye waved his hand, and Xia Yu's beautiful and aloof face appeared in his mind. He couldn't help but smile helplessly.

This guy, he's keeping me as a sugar daddy, and he even has to come up with a whole agreement?