I collect gold fingers in the heavens

Boss Xu's plan is very good.

He can also see people very accurately.

But we can't treat [Super Group] and Wu Siyuan as being taken advantage of.

Let's not talk about the real estate industry.

The problem is that your company has such a big pit, and you can only maintain normal operations if you fill in [Chaoqun Group] Lilan for a year.

However, Ling Yaodong saw that the performance of the real estate industry in 2022 will continue to be under pressure, and sales will drop sharply.
So even if Boss Xu brought high-level leaders over, Wu Siyuan could only thank Bu Min!

Boss Xu returned disappointed.

After his behavior spread, it caught the eyes of many leaders.

Yes, everyone is staring at the "holographic projection technology" of [Super Group].

But most people ignore it, [Chaoqun Group] is rich, but rich as hell!

Fiscal problems are severe in many places.

Since the end of last year, financial difficulties have emerged in many places.As black swan outbreaks hit the economy again, local fiscal problems intensified.

In 2021, the local financial self-sufficiency rate can reach 52.6%.

According to a latest survey, the local financial self-sufficiency rate is estimated to be 49.9% this year, lower than last year.

Starting from the end of 2021, many local governments have experienced financial difficulties one after another. Issues such as local financial pressure and debt exceeding the risk warning line have once again become the focus of public opinion.

"Local financial self-sufficiency rate", that is, the proportion of local general public budget revenue to the total general public budget expenditure, is one of the indicators to measure the sustainability of local finance.

In recent years, the local fiscal self-sufficiency rate indicators have generally shown a downward trend. Although the fiscal revenue in 2021 will show a double-digit recovery growth on the basis of a low base period, the average growth rate of fiscal revenue in 2020 and 2021 will remain the same. is a single digit.

After the reform of the tax-sharing system, the central government has taken a considerable part of the tax revenue, but the local government has not eased the burden of economic development and people's livelihood expenditure. If the tax revenue is not enough, they have to sell land to make up for it. The land transfer fee has gradually become the main income of the local government. Housing prices are linked to land prices”, local governments naturally have the motivation to limit the supply of residential land and maintain high housing prices and land prices.

But after the black swan incident broke out, the economy went down and the real estate industry got worse and worse.

To put it simply, after the common people have emptied their six wallets, they can no longer afford to buy a house, and without the house payment, the enterprise will have no funds, and there is no way to conduct land auctions and land acquisitions.

Local land transfer fees have decreased, and financial problems have become more and more severe.

According to reports released by a number of real estate research institutions, the performance of real estate companies in 2021 is under pressure. Nearly 40% of the top [-] real estate companies have a year-on-year decline in performance, and most real estate companies have not completed their sales targets.

In addition, real estate companies are more cautious in acquiring land, with more than 60% of the top [-] real estate companies acquiring land with a year-on-year decrease.

According to the report of the Middle Finger Research Institute, among the concentrated land supply in 2021 cities in 22, state-owned enterprises will be the main force of land acquisition, accounting for 61%.

Because private companies have higher financing costs, and banks and other financial institutions have stricter control over private companies, it is expected that the land market will show more obvious polarization in the future.

It is even possible that private companies have no money to acquire land, state-owned enterprises are not willing to acquire land, and local development needs to acquire land through urban investment.

Urban investment companies are essentially local money or money from state-owned enterprises. After acquiring land, they apply for loans from banks. …

For localities, in essence, the left hand turns to the right hand, and there is no market-oriented transaction.That is to say, the local government needs to increase land fiscal revenue, but it needs to use its own money to acquire the land, but the money is temporarily turned into a bank.

Without the participation of private real estate enterprises, the competition has been greatly reduced, and the acquisition of land at a high price means that its housing prices are not low.

Many urban investment companies acquire land, and the prices of the houses developed are generally much higher than those of nearby properties.

In other words, urban investment companies are not good at operating the real estate market, reducing costs and increasing profits, and it is difficult to obtain great benefits. The key is that the current market environment is no longer what it used to be.

It is not a long-term solution to rely on urban investment companies to acquire land and switch from left to right.

But there is no way. Under the current situation, the local government is very dependent on land finance.

Financial dependence on land can generally be measured by the ratio of land sales revenue to general public budget revenue.

Shown based on latest data. In major large and medium-sized cities in 2021, 13 cities will have more than 100% land financial dependence, among which Hangzhou and Foshan will exceed 140%.

In desperation before, they had no choice but to ask the city investment company to give up their left hand to their right hand.

But Boss Xu's actions made many people's eyes brighten. How could they forget that there is such a rich man in [Chaoqun Group]!

Private real estate companies and state-owned real estate companies have no money.

But 【Superior Group】has it!
Earn more than 8000 billion yuan a year.

This is still the case of losing overseas markets.

Otherwise, this Lilan will be even higher.

More than 8000 billion yuan is nothing to the country's land finance.

In 2021, the planned construction area of ​​land auction transactions in the country will be 17.65 billion square meters, the land transfer amount will be 6.07 trillion yuan, and the average transaction floor price will be 3437 yuan. 0.49 million yuan, with an average transaction floor price of 0.79 yuan; in second-tier cities, land auctions sold a planned construction area of ​​16222 million square meters, and the land transfer amount was 4.09 trillion yuan, with an average transaction floor price of 2.35 yuan.

[Chaoqun Group] Lilan, which is 8600 billion yuan a year, only accounts for 6.07% of the land transfer fee of 14 trillion yuan!
But [Chaoqun Group] has a good reputation!
With so many cutting-edge technologies and so many high-quality assets in hand.

For [Chaoqu Group], banks have always been a disadvantaged group, and they have been chasing others for loans.

However, [Chaoqun Group] only had a shortage of funds when the [Pig Farm] project was launched on a large scale across the country, so it asked for a loan from the bank.

That loan has already been paid off.

Now the entire group has very little [short-term debt], let alone [long-term debt], basically no.

People earn money, but they don't know how to spend it. They even spend hundreds of billions of dollars on scientific research in colleges and universities.

This is what the country should do.

As a result, [Chaoqun Group] started as a company.

The outside world generally believes that [Chaoqun Group] is burning hands with too much money, and they don't know how to spend it.

This signal to the bank is that this is a super AAA high-quality customer, don't be afraid of him running away, don't be afraid of the kind that he has no money to pay back.

In this case, the loan amount given to [Superior Group] by various banks will be very high.

Coupled with the local endorsement, [Chaoqun Group] can lend two to three trillion yuan at will, and it is estimated that there is no problem at all.

Of course, so many loans are not loaned from a bank.

Most [vulnerable groups] must have the courage, but not the strength.

If several state-owned and commercial banks lend together, there will be no problem.