Chapter 245 Pudong Real Estate

The Chinese stock market in 1990 has not yet begun to make money, the real estate in 1990 has not yet begun to expand, and the banking industry in 1990 has not begun to lend crazily to private enterprises... The Chinese business community in 1990 was a money shortage.

But Dahua Industry is rich in oil.

After the production of Hua 107 began, the Sertan Oilfield produced 80,000 barrels of oil per day, worth $1.6 million. Without all taxes and expenses, the daily profit is $1.3 million, which is much faster than the money printing machine.

From October to June, the crude oil production of Setan Oilfield rose from 10,000 barrels of oil to 80,000 barrels, with a total revenue of more than 200 million US dollars, which not only repaid the loans of Formosa Plastics and Evergreen Group, but also left nearly 100 million US dollars. In addition to the expansion of Ji Chai, Dahua Industry's investment in offshore drilling platforms, etc., there are tens of millions left.

The reason why

can't accurately calculate the number is that the rapidly increasing income and a large amount of expenditure make the income node very unclear. Especially when Jichai, Dahua Laboratory, Dahua Industry and even Maritime Transportation Company and Dahua Gas Company have large income from time to time,

The natural gas underwriting contract has been implemented since October last year. Although Sucheng did not make money, it did not lose money and maintained a balanced state. After removing this biggest source of danger, Su Cheng invested in Dahua Gas Company and hardly needed to use the company's deposits.

The profit of the Setan oilfield is more than enough to support the expenditure of gas companies. No matter how big the construction company is, it can't spend $1.3 million a day. Wait until a year later, when the whole project is over. Not only Hua 108, but also Hua 109 will be drilled, so there will be no shortage of money.

Su Cheng, who signed the second agreement in Guang * Dong and laid the pipeline to his heart's content, clearly realized the meaning of ice and fire: to be an energy enterprise, either to the sky or to the earth. There is no third way to go.

Energy enterprises that have mineral deposits and mine them have a steady stream of cash support, no matter what they do. The surplus of funds itself represents the scarcity of resources, and it is natural to obtain excess profits, and the fault tolerance is also very high. Happiness is like being in heaven. Energy enterprises that have no or no mineral deposits are like hell. They not only have to compete for scarce funds, but also have to bear great pressure. They struggle in the fire every day. If they are not careful, they will be burned through.

Cities such as Guangzhou and Huizhou fell into the eyes of Hong Kong tycoons as early as the mid-1980s. If it hadn't been for the domestic enterprises to enjoy the advantage of time, or if it hadn't been for Su Cheng's time to ask Hu Ji to get the red-headed document. With a saving his heart, it's not his turn to lay the pipeline. Far more developed Hong Kong gas pipeline manufacturers in China, it is estimated that he has already drilled from Hong Kong. The international good port that can dock 100,000-ton liquefied natural gas ships is not a saying. They can not only save money at the dock. He also has a mature team and decades of pipeline operation experience.

If you change to a slightly weaker gas pipeline provider, you dare not fight with Hong Kong companies. Only when the commercial barriers set by the state and strive for a few years can there be an opportunity to fight in the chamber.

Su Cheng has fought for two years more than in history, but now it seems that it is only about one year. This is not enough for Huang Neng's world-class gas pipeline provider. But it is more than enough for Dahua Industry.

When the first natural gas main road was buried in the land of Guang*dong, Su Cheng said to Silang, "Look here, if it can account for two-thirds, Dahua Gas Company can declare success."

This is the city that consumes the most natural gas in the country. Whether it is habit or consumption capacity, even if it only occupies this province, the slightly packaged Dahua Gas Company is enough to list in Hong Kong, far exceeding the profitable capital. Especially before 2000, Hong Kong people looked at China and thought that there were only two areas on the land: Guangdong and other places. Becoming an urban gas supplier in Guang*dong is equivalent to occupying half of the country in H-shares.

Like Zaiyama*Dong, the construction company in Guang*Dong has also received most of the investment of 100 million yuan due to gas pipelines. When they survived, they weakened the pressure on the upstream arrears, so that they could return the limited cash to the production enterprises, so that the shutdown enterprises could resume production and continue to repay the money to the superior enterprises...

The whole clearing of arrears will last for 2 years, but the most important thing is to untie the head ring. In this step, it took one year for the predecessors, and it only took four months for Jinan. When the cash flow of enterprises in Shan*dong Province has recovered, other provinces and cities are still building a framework for clearing arrears and pulling out the order of clearing arrears.

This demonstration effect of leading the country is strong. Sucheng and Dahua Gas Company once received more than a dozen invitations, especially in mainland provinces. Due to their own financial disadvantages, they paid special attention to the injection of funds from the outside world, and even sent officials to Jinan to run the project.

But in the end, Sucheng still chose the coastal city. This is the natural choice of capital. The concept of investing 100 million yuan and giving 100 million yuan is completely different.

The third agreement was signed in Zhejiang Province after only one month, showing the accelerated pace of investment in Dahua Gas. There are as many as six small gas companies affiliated to Dahua Gas Company, which is equivalent to a dive, which can occupy the main cities in the province. In fact, they did the same.

At the end of August, the Shanghai Merchants Bureau, which is under development in Pudong, also invited Dahua Gas to settle in.

The difference is that because there are liquefied gas pipelines in Shanghai and the most economically developed city in the country, it cannot achieve policy monopoly, which has caused a lot of debate in Dahua Gas.

Some of them objected, saying: "The location environment of Shanghai is really good, but the Shanghai Municipal Government gives too little discount, and it's enough to just approve a piece of land in Pudong. That's the land of Pudong, not the land of Puxi. What's the use of the place where birds don't shit? Moreover, the competition in Shanghai is also relatively fierce. There are not only gas stations, but also liquefied gas pipelines, which is equivalent to the most mature place, which is no longer there. I think it's better to go to other provinces to encircle the land with this time and energy. It's not too late to occupy those good places first, and then go back to compete.

The senior management of Dahua Gas spoke one after another in front of Sucheng, and their opinions were relatively unified. When everyone finished speaking, they looked at Su Cheng eagerly and waited for him to make a final conclusion.

If you consider it with normal business thinking, the pipeline development in the extensive period should indeed occupy the first place and the second place in competition.

However, I know the Su City of later generations. How can you think that the land of Pudong "birds don't shit"?

He pretended to think about it seriously and whispered, "The Shanghai market did not give good preferential conditions. We can continue to talk about it. Before that. The land needs to come down first, um, it will be paid by me or Dahua Industry. Build a group of office buildings, Dahua Gas Company, Dahua Industrial Co., Ltd., and the liaison departments of several companies, all of which can be used without renting office space.

Sucheng's private payment, or Dahua Gas Company's payment, is ultimately Sucheng's own payment. The difference is that Dahua Industry is the holding company of the group, and Dahua Gas Company is a downstream service company. It is very likely to be listed in the future, and it will be more troublesome to divide the land at that time.

A manager, who is a Shanghai native, said puzzledly, "As the saying goes, I would rather have a bed in Puxi than a room in Pudong. The office is located in Pudong. It's very inconvenient."

"It will be convenient soon. If public transportation is not convenient, the company will buy a car and use it." At this point, Su Cheng had no intention of arguing and ordered, "I'm going to go to the sea. You can contact the person in charge of the investment office. Pipeline laying can continue to be selected in other cities.

The news came out. Before he could move, Director Mi of China Merchants Bureau found Dahua Industry and sent several tickets.

For ordinary private enterprises, buying air tickets is really a trouble. In addition to the expensive price, a letter of introduction must be issued. Director Mi was so thoughtful that he sent tens of thousands of tickets again, which made people embarrassed not to go.

Su Cheng was not pretentious. Not only himself, but also Shu Lan was invited to go with him.

The two happily put on beautiful clothes and got on the plane like a trip. Director Yang, who was dragging the suitcase, was 10 meters behind them.

Director Mi was informed and only briefly introduced the situation in Pudong. He stayed in his position to chat with Director Xiao Yang and never interfered with Su Cheng and Shu Lan's chat.

The harmony and comfort along the way really made Su Cheng in a good mood. Director Mi also learned a lot through Yang Ming.

After arriving at Hongqiao Airport, there were leaders of the China Merchants Bureau and the Municipal Party Committee and Municipal Government.

The triangular debt problem in Shanghai is relatively easy, so the investment promotion work in Pudong Development Zone has become the top priority of the city's work. Their China Merchants Bureau not only distributes them all over the country, but also directly sends people abroad to recruit enterprises. All the municipal leading cadres have also been assigned hospitality work, and they are busy at the dinner table and banquet every day.

The receptionist of Sucheng is Vice Mayor Ge, a young master's student who took less than ten years to rise to his current position like a rocket.

He has a cheerful personality. Seeing that Sucheng is interested in land, regardless of everyone's still eating, he waved his hand to let people take the map of Pudong. Then he moved the bowls and chopsticks in front of him and handed Su Cheng a pen and said, "Which place you like, draw it casually. 350 square kilometers of land

Su Cheng stared at the Lu family's mouth at a glance.

Vice Mayor Ge observed the words and said happily, "The blue one has been approved."

Su Cheng said "Oh" that he didn't mind, picked up the remaining dozens of mu of land in Lujiazui, then rubbed his hands, and happily drew a long strip area along the Huangpu River, at least thousands of mu.

Vice Mayor Ge didn't care. It's only a few square kilometers. It was pure farmland a few months ago. How can there be a Dahua industry worth it?

He asked curiously, "What is Dahua going to build?"

Su Chengle's back alveolar teeth were exposed to the air and said, "Garden-style office groups, office buildings and so on. It looks like a forest park from a distance, and it is a modern equipment from a close distance. By the way, can I build a river-view villa for myself?

"Of course, there is no problem. Su Dong is welcome to live in Shanghai. I will make a 70-year property right for you in these two areas." Deputy Mayor Ge casually opened up the benefits.

Su Cheng took a sigh of relief and said, "Then I'll draw another piece of industrial land. Dahua Laboratory is still nestled in the factory area of Jinan Power Factory."

In terms of the number of patented technology produced, Dahua Laboratory ranks among the best in domestic enterprises, only weaker than heavyweight central enterprises, but its research content is veritable high-tech, and it is also the most ideal attraction in Pudong.

Vice Mayor Ge's back alveolar teeth also laughed and said, "If Dahua Laboratory is relocated, I promise to give the full policy." The transfer fee is half lower than the provisions of the four paragraphs of 'Article 22' of the State Council, and the land use fee shall be exempted for five years, and the land use fee shall be reduced by half after five years..."

Su Cheng took a quarter of the most ordinary area in the future, and first intercepted a quarter with a straight line. He thought that he wanted to leave enough land for other enterprises, otherwise it would be boring to develop by himself.

As he thought about it, he asked, "Didn't you ask how much the land price is?"

"In the development stage, seven links and one square meter have not been done yet, and it is tentatively 1.4 million yuan per hectare." Vice Mayor Ge calculated silently and said, "The Lujiazui plot should be based on the original price, and other industrial land should be calculated at the optimal price, which is 100 million yuan per square kilometer. However, if you invest in that year, you can build it first and make up the land transfer fee within 5 years without interest.

Su Cheng recognized what he meant. As long as it was built, he only needed to pay interest after 5 years.

1 square kilometer is 1 million square meters, which is equal to 1 square meter of land with a transfer fee of only 100 yuan. In the eyes of Sucheng, it is very cheap, not to mention that you don't have to pay now. By 1995, when the Oriental Pearl has been built, the land price will be completely different.

So, Su Cheng's hand shook again, and he bent in a straight line and scraped away a big circle fiercely. Then he picked up the wine glass with satisfaction.

Vice Mayor Ge clinked his glass and drank it happily. He couldn't wait to turn out his rodents and grind them on his thighs.

Before 1991, Pudong had not yet finished seven links and one flat, which was not attractive at all, and it was particularly difficult to sell land. At that time, the Shenzhen Special Zone had completed the industrial land for water supply and drainage, electricity, gas, heat, communications and roads, and the annual transfer fee per square meter was only 50 yuan per year.

Pudong's land needs to double or even triple the price, which is naturally not welcome.

Therefore, at this time, not to mention land finance, in order to raise funds, local finance almost collapsed. Bank of China Group, China Merchants Group, Bank of China, Lujiazui Financial and Trade Zone Development Company, People's Insurance Company of China, Hong Kong Zehong Development Co., Ltd., Industrial and Commercial Bank of China, Communications, Bank of China, Construction Bank of China, Agricultural Bank of China, Shanghai City Investment Trust Company and other development companies and financial companies have It took two years to barely build the backbone, completed the public construction of seven links and one level, and turned the "ground" into a "cooked land" that can be industrially developed.

For this reason, government appropriations, bank loans, shareholding development, public listing at home and abroad, raising funds from the society and other means have come out one by one, which can be called China's early fund-raising encyclopedia.

Under such conditions, Dahua Industry in Sucheng promised to enter the market, which inevitably gave great confidence to Mayor Ge.

Su Cheng was also happy. He copied a map of Pudong and hung it in the hotel's living room, and prepared a deposit of 10 million US dollars, ready to become the largest landlord in Pudong.

Under the deliberate publicity of the municipal government, the relocation of Dahua Laboratory has also been described by the media as the relocation of Dahua Group, and the deposit is implied as a one-time payment...

In this way, the tension of the Jinan Municipal Government is secondary, and the internal atmosphere of Formosa Plastics is suddenly tense. They do not want their strategic allies to exchange cash for real estate.

... (To be continued. If you like this work, you are welcome to vote for recommendation and monthly tickets. Your support is my greatest motivation.) RT