Inside the Linhua Building.
Wang Linhua sat in front of his desk with a gloomy expression.
The juicy piece of meat that was almost in his grasp slipped away from his eyes, but he couldn't do anything about it. After what happened, of course, he wasn't in a good mood. Because Jiang Chen suddenly took out the drone smart control system 1.0, all of his plans were disrupted.
The domestic real estate industry was shrinking day by day, and the lack of supply in the real estate market was becoming increasingly obvious. Although Linhua Group was profitable in 2008, it was getting worse and worse. Moreover, with the aging of the population and the problems of housing surplus becoming increasingly prominent, the trend of the real estate industry going downhill was almost irreversible.
Even with a series of intensive interest rate cuts and policies such as opening up the two-child policy, it was still difficult to reverse the inevitable trend of the real estate industry from prosperity to decline.
Just like the once popular coal industry that was now in an irreversible state, the real estate industry would eventually face the same fate. This point was reflected from Linhua Group's precarious financial report. Although it was still profitable, the profit margin was getting smaller and smaller.
Wang Linhua, who already foresaw the final outcome of the industry, obviously wouldn't sit still.
There were only two choices in front of Linhua Group.
One was to expand into the international market, and the second was to transform the industry.
Expanding into the international market was extremely difficult, and the reason was simple: it was because of Linhua Group's identity as the largest shareholder. Although this jacket was useful in the country, it wasn't as popular overseas. As to the reason, it wasn't necessary to explain. But the current situation was that if they wanted to carve out a path overseas, they had to spend a lot of money. Although Linhua Group was wealthy, it was not a state-owned enterprise like PetroChina that could ignore profits and losses and receive financial subsidies. Although this path could be taken, the price was too high.
Especially since overseas was not within the Wang family's sphere of influence, it undoubtedly added too many variables to the investment. The family wouldn't dare to take advantage of you, but it would be different outside. What happened to Prince Milk on Wall Street, without a doubt, told the "spoiled" leaders in the country, when they truly stood on the international stage, they may not be able to withstand the test of capital.
Out of caution, Wang Linhua didn't choose the first option.
In comparison, the transformation of the industry was slightly easier. Just like what the coal bosses did after they disposed of their loss-making coal mines, some invested in sports, some invested in movies, and some even ran to the real estate industry to "eat leftovers."
Linhua Group was planning to enter the entertainment industry, but the sudden emergence of Future Technology made Wang Linhua's interest piqued.
All that was needed was a piece of software, a few servers, and a few dozen programmers and salespeople. Once the software was recognized by the market, money would come flying in.
Although he was drooling over Future Technology's profits, Wang Linhua also knew that the tech industry was an industry with both high profits and risks. Even Warren Buffett didn't dare to invest in this stuff. It was obvious that the risks and returns in this industry were simply not proportional.
Therefore, he had some devious thoughts.
The risk was high, but that was only for those Internet companies that had not found a stable profit channel. For Future Technology that already had a profitable channel, there was no risk. As long as he controlled Future Technology and used it as a starting point to enter the tech industry, Linhua Group would be able to smoothly complete the transformation of the industry!
Future Technology was operating well with a stable cash flow. The Wall Street bosses with bundles of cash couldn't pry away Jiang Chen's shares, but Wang Linhua didn't have that much trouble. In China, money was just a fart (although it was nothing without money). Otherwise, there wouldn't be so many people running away with money.
But Jiang Chen didn't run away yet. Future Technology's main business was also in the country. Before it completely entered the world, it was the perfect opportunity to "make a move"!
As long as he controlled Future Technology, while enjoying the current profits, he would lead Future Technology to develop into the military field. Military intelligence was one of the strategic priorities of national defense technology development. Not only would it increase the Wang family's political leverage, but it would also allow the Wang family's core business – Linhua Group to smoothly survive the downturn in the real estate industry.
It was killing two birds with one stone.
It was precisely because of this that Wang Dehai would acquiesce to his actions.
But unfortunately, his plan didn't work out.
Rubbing his sore eyebrows, Wang Linhua picked up a document from the table and tried his best to focus on the work at hand and not think about the annoying things.
Just then, there was a sudden knock on the door.
With a slight frown, Wang Linhua cleared his throat and said.
"Please come in."
His assistant walked in with a stack of documents in his hand.
"What's the good thing? You look so happy. "Seeing the smile on his assistant's face, Wang Linhua raised his eyebrows and said emotionlessly.
"President Wang, the company just received a big project." Calming his excited breathing, his assistant said with a trembling voice.
"How big is the project?" Wang Linhua pouted as he leaned back in his chair.
Big project? The real estate in Linhua Group's hands was about to rot in their hands. Knowing that real estate was hard to sell and the stock market was showing signs of recovery, who would be willing to take over the real estate market?
"It's an overseas project. Initial estimation, the total cost is more than 10 billion USD! "
Hearing this, Wang Linhua's eyes widened as he sat up abruptly.
"What did you say? Overseas project? How much? "
"10 billion USD …"
Standing up from the chair, Wang Linhua walked to the desk and grabbed the document from his assistant's hand as he looked at the document in his hand with excitement.
"Pannu Islands 680 square kilometer tourist area, commercial area, and infrastructure development agreement … Johnny International?" The more Wang Linhua read, the more excited he became. But when he saw the name of the company, he paused.
He had never seen the name before.
"The other party already passed the approval for the first batch of construction funds. Apparently, the investor behind the scenes is a South African gold mining company. Two mines can be used as collateral for the loan, so it should be quite reliable." As if he saw the confusion on Wang Linhua's face, Zheng Kai immediately explained.
Wang Linhua had heard of Pannu Islands before. It was a small country with abundant tourism resources, but the infrastructure was very backward. The diplomatic relationship between Pannu and Hua was average. Although they didn't establish an embassy in Wanghai, they rented an apartment in Shangjing's Chaoyang to serve as an embassy.
Because they didn't have the money to build infrastructure, they naturally couldn't attract investment. But if a large capital was willing to invest in the reconstruction of the island country in the Pacific Ocean, everything would be different.
Based on the content of the investment letter, the project would be divided into four phases. After the first phase is completed, Johnny International will pay the first 2 billion USD until the project is completed and the remaining 8 billion USD will be paid in full. As to the 2 billion USD down payment, it would be paid with cash from the 110 square kilometer land adjacent to the project and 70 square kilometer land on the side island.
Using land to pay was exactly what Wang Linhua wanted!
Without any exaggeration, once the 10 billion USD infrastructure was completed, the price of the land given to him at a low price would more than double! By that time, whether he would keep the land for his own development or sell it to someone else, it would be a win-win situation!
Wang Linhua's hand holding the letter trembled.
Even though he had been through a lot, it was the first time he saw a 10 billion USD contract.
This contract, for Linhua Group whose domestic business was stagnant, was without a doubt a turnaround!
Wang Linhua didn't let the great news get to his head. After taking a few deep breaths, he calmed his breathing and ordered his secretary, Zheng Kai, in an undertone.
"The political environment of Pannu Islands, the background of Johnny International, I need you to prepare a detailed report for me in two days. If you do well, this month's bonus will double. "
There were too many unknowns overseas. If he didn't investigate beforehand, the wrong investment could cause the company to fall into an unrecoverable state. Even if the order was indeed tempting, Wang Linhua didn't lower his guard because of it.
But when he saw the two gold mines as collateral on the letter, as well as the asset verification from the UA side, his mood couldn't help but feel a little better.
"Yes!" When he heard the promise of double the bonus, Zheng Kai was overjoyed as he immediately left the office.
Seeing Zheng Kai close the door, Wang Linhua threw the folded document on the desk as the gloominess on his face disappeared.
[God is helping me!] [How did the saying go again … yes!] [It's a blessing in disguise!]
Wang Linhua wanted to laugh at the sky to express the joy in his heart.
Although he lost the opportunity to invest in Future Technology, he didn't expect to have a major breakthrough in the overseas business.
After taking a few deep breaths, Wang Linhua took out his phone and called the person responsible for managing the Wang family's assets.
Once the 10 billion USD deal was revealed, Linhua Group's market value would double! Because he wasn't optimistic about the future of the real estate industry, he used the bull market to reduce part of Linhua Group's shares. But now it seemed that it was necessary to increase his holdings through the secondary market. Only by expanding the Wang family's shares in Linhua Group before the news of the deal was revealed could he maximize his profits!
Wang Linhua licked his lips excitedly, then sat back in his boss chair, picked up the phone on his desk, and called the managers of the various departments, preparing to hold an impromptu meeting.
[This overseas business must be won!]
But he didn't expect that Jiang Chen already dug a big hole and was waiting for him – the Wang family to jump in.
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