I Have 100 Million Stores

It's hard to imagine that Xie Jianlin had a rare gaffe at this moment!

If this look were seen by those subordinates who were familiar with Xie Jianlin, they would definitely be shocked.

Because this response from President Xie has never been seen before!

You must know that in Xie Jianlin's life, especially in the past ten years, whether it is good or bad, it can be said that he has met all the big winds and waves.

It is no exaggeration to say that to be able to achieve his high position, there have been very few events that can cause too much fluctuation in his heart.

But what he heard this time completely exceeded his understanding of business and subverted all his previous cognition!

Obviously it is worth 28 billion shares, but 7 billion directly?

What kind of fairy operation is this?

Is this something that humans can do?

Xie Jianlin, who has been in business for a lifetime and has been in contact with countless businessmen of all kinds, has never heard of anything like this in his life!

At the same time, Xie Jianlin never expected that this small company in his eyes could suddenly make such a big move!

How could this be?

Isn’t this company just a few months old? !

This development speed is too amazing, right? !

To be precise, the capital strength behind this company is too amazing, right? !

Far beyond his expectations!

This is forcibly throwing funds and assets into it!

Originally, he also drafted a list, and he felt that the capital behind Real King Group was probably on this list.

In particular, some people's style of doing things is very low-key and quite consistent.

But now it seems that it is not!

Because most of the candidates on his list are either in the real estate industry or mainly related to the physical industry.

There is no such large amount of Internet assets!

It's not that they don't have that strength, but that none of the people on this list have been involved in the Internet, and their main business is not on the Internet!

Moreover, it is impossible to be so generous, and it is easy to let billions of profits go out!

Who the **** is it...to enter the physical industry in a big way, and to take out two very high-quality property rights...

Now there are such an amazing number of shares in the Internet giant? !

This strength is so powerful that even Xie Jianlin would not dare to underestimate it!

The key is that the other party's actions, the act of treating billions of dollars as nothing, is incredible!

"Are you joking with your father?" Xie Jianlin returned to his senses, sternly and solemnly said: "This kind of joke is not funny."

"Father, what am I doing joking with you!" Seeing his father's rare gaffe, Xie Qing was a little bit happy in his heart, and replied:

"It's true! It's true! That's what they said!"

"Huh? Really put 28 billion worth of shares into their investment company at a price of 21 billion?" Xie Jianlin couldn't help asking: "Are you sure you heard the number correctly?"

"There is absolutely no mistake, I have confirmed it again and again!" Xie Qing nodded and said firmly.

As for the reaction of his old father, Xie Qing could fully understand.

Anyone who hears this incredible thing will not believe it!

"This..." Xie Jianlin was a little dumbfounded.

Having said everything to this extent, he would naturally no longer doubt the authenticity of this matter.

But why does the other party do this? ?

You know that stocks are real assets!

As long as you resell on the stock exchange market, you will get banknotes!

Especially like this kind of high-quality stocks, and there are as many as 2%. If you really intend to sell, you only need to find shareholders who are willing to increase the stocks on hand. If you promote a large transaction, there is a high probability that there will be a premium. few!

Not to mention too much, it is not difficult to sell for 30 billion!

Not to mention that Mei Tuan's momentum is still very good, the market's first position is becoming more and more stable, and the future upside is still very sufficient!

"What do they think..." Xie Jianlin murmured: "If it is me, the company really needs capital, so it's better to simply sell this stock!"

"Frequent selling in the secondary market may cause the stock to fall briefly, but in the end there will be at least 27 billion in funds!"

"I still don't understand the operation. I sold a lot of food in a short period of time, which caused the stock price to fluctuate downward."

"But if the operation is good, there are more batches, and the time is stretched a little longer, it will definitely be stable to get 28 billion! Even more is possible!"

"Then it will be more comfortable to transfer the funds obtained to Real King Group? Maybe we don't need to follow up with us to make 30 billion!"

"It's better now, just give us all this huge benefit???"

"What is the picture?"

"I can't understand..." Xie Qing curled his lips and whispered in a low voice: "That's why I just asked you if there are any illegitimate children out there..."

"What nonsense!" Xie Jianlin twitched the corner of his mouth. This girl is also really big-hearted. It's this time, and she still has the heart to make a joke!

"Hey." Xie Qing smiled, then said:

"What do we do now? What the other party said is very clear. If we follow the investment, this asset will be allocated to the company at 21 billion. Otherwise, according to their intentions, it may be allocated to the company at the original price, and then our shares will be Got to be diluted..."

"Follow! Must follow!" Upon hearing this, Xie Jianlin made the decision without even thinking about it.

Logically, an investment of 9 billion yuan must go through rounds of inspection, analysis, evaluation, and discussion before a final investment feasibility report can be drawn.

This process must be very long.

But what kind of investigation is needed for such a good thing now?

Is there any reason to refuse?

Although I don't understand the other party's intentions, and can't figure out why the other party should do this to self-defeating things, but for their Xie Group, this is not a question they should consider!

As long as it is confirmed that the other party’s shares are real, and the price is indeed included in the company at 21 billion yuan, then for the Xie Group, this is a stable and profitable transaction!

And the profit is amazing!

It's not an exaggeration to call it a huge profit!

The profit that can be seen in the billions and nearly tens of billions, even for the Xie Group, is a huge temptation!

You know, in 2020 this year, as of now in December, the annual net profit of the Xie Group is only 13.88 billion!

That is the net profit created by hundreds of billions of assets!

And now that the investment of 9 billion yuan can make more than half of the net profit for the whole year of this year, who can refuse this kind of thing?

"Okay." Xie Qing smiled knowingly when the old father made the decision so sure.

It seemed that Dad was more decisive than she had imagined, and it saved her a lot of saliva. Originally, she was still thinking about how to persuade him.

Now it seems that there is no need at all. Her previous worries are purely redundant.

"But..." Xie Jianlin paused, and said: "9 billion in cash, it is difficult to come out in a short while, do they have specific requirements in this regard?"

"No! I asked this point deliberately!" Xie Qing was a little complacent. It seemed that he had considered quite comprehensively, and replied:

"The other party said that assets, or assets + cash can be used!"

"Oh..." Xie Jianlin responded, but heaved a sigh of relief.

If I'm afraid I'll need all the cash, it's a big trouble for the Xie Group, and it may not be possible to get it right away.

For real estate developers, the cash in hand is more, but it is all about dealing with subsequent debts.

If there is a sudden cash flow problem, and an account is not available, it will cause a series of chain reactions, and in serious cases, it may even crash instantly.

Take Xie Jianlin's Xie Group as an example, it has faced a serious debt crisis!

The kind that almost collapsed!

In the past few years, the total value of the real estate assets in the hands of the Xie Group has reached 570 billion. Is it surprising? !

But what is even more amazing is that the Xie Group’s debt is as high as more than 420 billion!

In other words, the net asset value of the Xie Group is less than 150 billion!

What's more terrible is that many real estate assets of the Xie Group have been mortgaged in order to obtain loans from banks and other financial institutions!

With such a high debt ratio and various mortgage loans, if there is a problem in the middle, and the cash flow breaks and the repayment fails, it is likely to have a domino effect!

The entire Xie Group will collapse in an instant!

Fortunately, in the end, Xie Jianlin broke his arms decisively to survive, sell batches of assets crazy, and repay debts aggressively, reducing the debt ratio to about 50%, which stabilized the situation of the Xie Group!

Otherwise, whether there is a Xie Group, whether the Xie Group has the last name or not, is a problem!

Although the debt ratio has been suppressed, it has only reduced the high risk to the medium risk.

For real estate developers, it is impossible to solve the problem of debt fundamentally, and no real estate developer has the strength to repay it all. It is considered very good if it can reduce the debt ratio below 80%.

The Xie Group directly pressed it to about 50%. This is basically a leader in the real estate industry and a symbol of strength. At the same time, Xie Jianlin's courage is amazing. It is really not blinking to sell assets at a low price!

At present, the Xie Group has more than 180 billion interest-bearing liabilities.

Among them, short-term loans are 630 million yuan, non-current liabilities due within one year are nearly 70 billion yuan, and long-term loans are more than 90 billion yuan.

At present, the Xie Group has about 50 billion currency funds flowing in its hands.

Therefore, it is foreseeable that if there is a large-scale centralized redemption of bonds, a little carelessness, the Xie Group will fall into the dilemma of default.

Therefore, the 9 billion fund is not so active!

But if it is possible to use assets to co-invest, then it is easy to say...

There are not many other companies in the Xie Group. The company's assets are really countless. There are nearly 400 companies in Qianda Square, all over the country.

Hundreds of billions of hard assets are not groundless.

Although many of the assets have been mortgaged, after a few years of surviving with a broken arm, a lot of holes in this area have already been filled. The amount of funds required to repay the loan in advance is not much, and it is better than a one-off. Taking out 9 billion in cash is a lot less.

More importantly, the transfer of assets is in line with Xie Jianlin's strategic direction!

That is to say, the strategic plan to adjust from ‘asset-heavy’ to ‘light-asset’!

In the original Xie Group's real estate projects, such as a Qianda Plaza, at the beginning of the project, the Xie Group itself selected the site, negotiated, designed, acquired land, constructed, and then later attracted investment and operations. It is done by them themselves.

This is the core ‘asset-heavy’ model of the Xie Group before, and the property rights and so on are all in their own hands.

The advantages of the asset-heavy model will not be discussed much, but there is an obvious disadvantage.

That is, the construction period of the project is long, and the initial capital demand is huge.

As a result, if the Xie Group wants to expand, it must continue to mortgage and borrow money with the bank, and use the bank's money to support the rapid development of the group.

For the Xie Group, repeating this model means that the debt ratio will become higher and higher, and the risks will continue to accumulate.

This is the root cause of the high debt in previous years.

In the past, the success of this model depends entirely on the bank or policy.

In the past, banks were a bit lenient in this aspect of review, and this aspect was a big profit point for them, and they were naturally happy to facilitate the conclusion of the transaction.

It is good for both parties.

But right now, under the policy of "no housing speculation", bank lending has been tightened!

Not only is there no longer a good loan, but the cost of the loan is also greatly increased!

The increase in loan costs will undoubtedly greatly increase the risk.

Therefore, transformation has become an urgent matter for Xie Jianlin.

Not only him, all real estate developers are looking for new ways!

Subsequently,

The concept of "asset-light" came into being!

The so-called light asset is actually well understood, that is, the Qianda Plaza, which was originally built entirely by the Xie Group's independent investment, is handed over to others for investment.

That is to let others contribute money!

There are so many rich capitals across the country that there are countless people who can invest in a Qianda Plaza.

Only one capital is needed to invest in one family, and the Xie Group's market will be quite huge!

And those capitals may have spare money, but they don't have the experience and ways to do this, and they don't know anything about operating commercial real estate!

In this case, the advantage of the Xie Group is to use the experience and massive resources accumulated in the field of commercial real estate over the past two decades to help others choose sites, design, obtain land, and start construction.

After the completion of the project, he will be responsible for the follow-up shopping mall operation, investment promotion, management, etc.

In short, it is like a contractor, let others pay, and the Xie Group will take care of everything!

And also put "Qianda Plaza", the most well-known IP in the domestic commercial real estate field, for investors to use!

Don't underestimate this IP. Thousands of Plazas in many cities in China are synonymous with prosperity and can naturally bring traffic to shopping malls.

Not only brings passenger flow, but also has unique advantages in terms of brand entry!

From the average occupancy rate of shops in Qianda Plaza as high as 98%, it can be seen that there are few vacant shops.

And this light-asset model is ultimately based on rent-sharing for profit division.

Xie Group can get 3 and investors can get 7.

For investors, it is completely acceptable to use this effort to be the shopkeeper.

The biggest benefit of light assets for the Xie Group is that the group's debt pressure will be too reduced.

Even after the complete transformation is completed, the Xie Group will be able to transform from a real estate developer to a service-type company!

There will be no more debt at all!

Every year is a steady stream of net income!

This model, very similar to consulting services ~www.readwn.com~, is to make money by relying on experience and resources.

The cost is very low!

The risk is close to 0!

Based on this model, the Xie Group has fully developed in this direction.

Not only Qianda Plaza, like "Qianda Cultural Tourism City", "Qianda Cinema", etc., almost all industries are already moving closer to the asset-light model!

"This investment is simply tailor-made for our Xie Group..." Xie Jianlin couldn't help but murmur after taking back his thoughts.

At present, Xie Group's new investments are operating in accordance with the "asset-light" model.

However, the Xie Group still has a lot of old assets!

Xie Jianlin has always had the idea of ​​changing hands, but he had sold those slightly poor assets at a low price or at a low price in the previous years when he dealt with the debt crisis!

Now what is left are some high-quality assets. He doesn't want to sell them when the price is low, and others can't accept it when the price is high!

"Father, what do you mean?" Xie Qing didn't understand what Xie Jianlin said inexplicably.

"It's nothing, I will tell you for a while, but I will explain it to you in detail later." Xie Jianlin pursed his lips and said:

"It's not too late, now you go to reply to the other party, we are willing to follow the vote!"

"Specific details..."

"After I get to Sansha City, I will talk to each other again!"

"Ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh?" Xie Qing answered first, and finally said in surprise: "Father, do you want to come in person?"

"Yeah!" Xie Jianlin said solemnly:

"This project has to be followed up in the name of the Xie Group!"