Great Power Project

Chapter 363 Governance of the Old Canal II (Ask for a monthly pass!)
The two chatted for a while, before turning to the topic.

"Yangzi, you are so big, can the funds keep up?"

What Zhang Hua is most worried about now is that Yu Qingyang's stall is too large and the capital chain is broken.

"Hehe! HSBC promised to give me a loan of 200 billion!

No need for nothing! "Yu Qingyang laughed.

Huayu Investment has been established for more than half a year, and currently has a debt of 80 billion.

Including the 200 billion loan agreement to be signed soon, the total responsibility is 280 billion.

Now Huayu's profitable investment units are Huaihai Engineering Corporation, Huayu No.[-] Construction, Huayu No.[-] Construction and electric bicycles, which are making profits.

Calculated, the profits of these four subsidiaries are not enough to pay the loan interest.

But the thing is so wonderful, although the real profit is not enough to pay the interest.

However, the bank raised the credit rating and credit line of Huayu Investment time and time again.

In the past, a loan of several hundred million required the endorsement of the Water Conservancy Department, but now it is three hundred million, and the loan can be obtained directly from the bank.

HSBC directly gave a credit line of 200 billion.

In fact, those pieces of land have the greatest effect. The land in the hands of Huayu Real Estate, a subsidiary of Huayu Investment, is constantly appreciating.

Although it has not yet been developed, the land has been doubled several times.

Especially the land in the capital makes the bank regard Huayu Investment as a high-quality customer.

As I said before, being able to get land in the capital is not something that can be done with money.

"That's good. I'm afraid that if you spread the stall too much, if the capital chain is broken, it will be very troublesome!"

"It's okay, now the bank is even more afraid that my capital chain will be broken!
That's why they keep lending me money!

They don't want to end up with a bunch of unfinished land and go home! "Yu Qingyang smiled proudly.

"You! The four major banks are locked up by you!

Now bring HSBC on board again! Zhang Hua shook his head with a smile.

"Brother Hua, I didn't drag HSBC onto the boat by force!
It was they who cried and shouted to get on the boat!

If it wasn't for Mu En, I really wouldn't want to let them board the boat! "

"You! Just get cheap and be good!

You are the one who took advantage of HSBC's investment in Huayu!

This is not a question of funds, but because of the shareholding of HSBC Bank, the equity structure of Huayu Investment has become more stable! "Zhang Hua nodded Yu Qingyang with his hand.

"This is the truth!" Yu Qingyang smiled and nodded.

It must be admitted that, as Zhang Hua said, for Yu Qingyang, the biggest benefit of HSBC's shareholding is not to have an additional strategic partner.

It is to make the equity structure of Huayu Investment more solid.

The foreign capital background of HSBC makes the contract signed by Yu Qingyang and the Water Resources Department more legal.

The things in it can only be understood but not expressed in words.

If you understand, you understand!

"Dandan's eldest brother came a few days ago! Has he visited you?

In the near future, you must be steady and don't make trouble! "Zhang Hua whispered again.

"I know, in fact, the domestic development, I have been very stable!

No rush!

I didn't even think about eating a fat man in one bite! "

Yu Qingyang's words made Zhang Hua roll his eyes.

Are you still not rushing in?
The company has been established for less than a year, and the loan is about to reach 300 billion!
Acquire land in the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen to build Century City.

How dare you go ahead?
Yu Qingyang didn't know what Zhang Hua was thinking. If he knew, he would definitely tell him what he would do if he made a rash move.

The current urban real estate management law was enacted in 1994.

There is no regulation that real estate developers purchase land and it has been idle for two years, and the state will take it back without compensation.

He can use bank loans to buy land all over the country, first choose a good location, and get the land for developing Century City.

Then use the land as collateral for another loan to engage in other projects.

As for those lands, just develop them slowly.

When the amendment came out in 07, at that time, Huayu Investment had already entered the second five-year plan.

At that time, Huayu Real Estate was already calmly developing Century City in a second-tier city.

As for the third-tier cities, even if there is a real estate management law, the local government will cover Hua Yu in every possible way.

Absolutely not to take away the land.

This idea seems to have no problem and is very operable.

It’s not that no one has done this kind of routine before. Some Hong Kong businessmen did it back then.

Hong Kong businessmen have gone too far.

First, all parts of the country bought state-owned enterprises waiting to go bankrupt at low prices, transferred the land of the state-owned enterprises, and then declared bankruptcy.

Holding a large amount of land in hand, develop it slowly, or wait for an opportunity to sell the land.

This is the original sin, and it is easy to be liquidated by the state.

Because in the process of purchasing state-owned enterprises at low prices, greedy Hong Kong businessmen will not be so disciplined, and will purchase according to the requirements of the local government and market rules.

In order to buy at a lower price, they will definitely bribe the leading cadres of the local government.

This left a knife handle to the national liquidation.

If Yu Qingyang does the same thing, not to mention buying state-owned enterprises that are waiting to go bankrupt, as long as he takes the loan to buy land across the country.

This time, the security company will not get the support of the state.

Because, doing so will leave a restless and unreliable impression on the top level of the country.

far away...

In the afternoon, Yu Qingyang came to the meeting room of Jeju City Government.

The Jeju City Government has set up a working group for the governance of the old canal.

Zhang Hua personally served as the team leader, and Yang Yabin, deputy mayor of the Standing Committee, served as the executive deputy team leader and presided over the specific work.

Pei Yanbing, director of the Water Conservancy Bureau, Shen Qixin, director of the Construction Committee, Liu Qiyao, director of the Environmental Sanitation Bureau, and Tang Gengguo, director of the Public Security Bureau, served as deputy team leaders.

The municipal party committee also sent Liang Yongchao, the deputy secretary-general of the municipal party committee, as the director of the working group office.

Then transfer the backbone of each bureau to act as team members.

It can be seen from this that the Municipal Party Committee and Government of Jeju City attach great importance to the governance of the old canal.

Of course, this emphasis is not only because of the management of the old canal.

What made them value was the blueprint that Yu Qingyang drew for them, the old canal cultural corridor.

This is a public welfare project.

It can be said that the work of harnessing the old canal has been done well!

All participants can get a full report card.

A report card that is enough for them to go to the next level.

In the afternoon, Zhang Hua held a scheduling meeting in the municipal government conference room.

The vice-chairmen of the working groups and all members of the group attended the meeting.

Yu Qingyang also brought people from Huayu Investment Company to the meeting.

"In the morning, Lao Canal and I took a look at it with several deputy team leaders!
After returning, the deputy team leaders didn't eat much!

I say this not to criticize anyone!

I'm just telling the fact that the old canal has reached the point where it has to be repaired!
We were on the edge of the old canal today, saw the river water as black as ink, and smelled a pungent stench!
Because our time at the river was too short, or our formation was too large.

If we travel lightly and stay longer, we can still hear the voices of the common people scolding their mothers! "

(End of this chapter)