Metropolis: Paying Off The Debt of Dad At The Start

Chapter 150

Now that the Chaoyang Construction Group’s projects have been successfully opened, then you only need to wait quietly for the results.

If there is no satisfactory result, what to negotiate with the creditors, and this satisfactory result will take a certain amount of time.

However, Lin Feng is busy now.

After all, the projects of Chaoyang Construction Group are now open, and the projects of Haoyuan Group will also start to open one after another.

At the same time, preparations for the third batch of projects will begin.

Lin Feng is going to get 200 billion of funds this time, part of which is the full return of these 87 projects, and the other part is to get most of the cash from Chaoyang Construction Group.

With 200 billion of funds, he can at least start a project that can bring in at least three to four hundred billion in return. Then, with the help of high turnover, Lin Feng does not even need the fourth batch, so he can transfer all the old employees of the Haoyuan Group All the old projects have been cleaned up.

After that, Lin Feng can start to work hard and start new projects.

However, the premise is that Lin Feng has enough manpower.

During this period, the personnel department worked overtime until nine o’clock in the evening, ten o’clock, and it has been hiring people.

To be honest, Haoyuan Group is the first one to keep the personnel department busy like this.

The director of the personnel department has repeatedly raised his concerns to Lin Feng. After all, we have recruited too many people. Can we stop for a while and slow down?

However, it was flatly rejected by Lin Feng.

Recruit, continue to recruit me, the more you recruit, the better.

Just kidding, all the old projects will be paid back, almost adding the cash obtained by Chaoyang Construction Group, the total should add up to more than 700 billion.

So how many new projects need to be started to spend more than 700 billion yuan? What’s more, Lin Feng is playing with high turnover. He can directly do a project worth 1 billion with 200 million. Anyway, he has a system here. He is brave and he dares to do it.

So you said that more than 700 billion yuan was smashed out, how many projects did you get?

At least several thousand projects!

After all, 200 million cash can dare to start a project with a total value of 1 billion, which is equivalent to 5 times leverage, so more than 700 billion is equivalent to a project with a total value of 3.5 billion.

A project is normally several hundred million or more than one billion.

So, this is not a few thousand projects, how many more can this be!

So how many people are needed to start thousands of projects?

With the current number of employees in the Haoyuan Group headquarters, the total is not enough to 1,000 people. This is a bit more recently. 87 projects are working overtime every day, not to mention thousands of projects.

Therefore, please rest assured, recruit boldly, come and recruit as many as you want, don’t be afraid to hold on, the Haoyuan Group will definitely not be too much in the future.

The director of the personnel department, naturally, did not understand Lin Feng’s subsequent crazy, lunatic behavior.

As a director of the personnel department, he considers the interests of the group. He believes that one or two thousand people in the headquarters are enough at this stage. There is no need to recruit so vigorously!

You recruit so many people now, what about this salary cost? Didn’t this add a lot of unnecessary burdens to the group in vain!

By then, you will not need so many people, and you will have to spend a lot of money on layoffs.

Therefore, the Director of Personnel has repeatedly suggested to Lin Feng whether we should stop, take a moment, and recruit slowly.

But Lin Feng had his own plan in his heart, where would he agree and simply refuse.

No way, the personnel director can only follow Lin Feng’s words and keep recruiting troops.

Soon, the projects of Haoyuan Group opened one after another.

Good news came one after another, and large sums of money poured into the accounts of Haoyuan Group.

At the same time, Lin Feng also received the financial statements of Chaoyang Construction Group, which is a perfect answer for the creditors.

Ever since, Lin Feng took this perfect answer sheet and flew to city b overnight to hold the first shareholder meeting of Chaoyang Construction Group.

After all, Lin Feng is the chairman of Chaoyang Construction Group. Although he only owns 1% of the shares, he still has all the rights of the chairman and can directly convene a general meeting of shareholders.

The general meeting of shareholders had been notified three days ago. All the shareholders of Chaoyang Construction Group have arrived, and these shareholders are creditors of Haoyuan Group. Representatives were sent here early, and no one was absent at the scene.

At 9:30 in the morning, in the huge meeting room of a five-star hotel in city b, the first shareholder meeting of Chaoyang Construction Group was officially held.

Because there are too many shareholders, they are all creditors of Haoyuan Group, hundreds of people, and Chaoyang Construction Group does not have such a huge meeting room, so it can only borrow the business meeting room of a five-star hotel to hold shareholders. Assembly.

There were no seats absent. Lin Feng, who was sitting in the main seat, looked at his watch. Li Jun, the general manager of Chaoyang Construction Group, came over and said that everyone was there. Lin Feng nodded and started a formal speech.

“Hello shareholders, today is the first shareholder meeting of Chaoyang Construction Group. The main reason for holding this shareholders meeting is to report to you the recent performance of Chaoyang Construction Group and formulate the next group development strategy. !”

“The current financial statement I have is the record of Chaoyang Construction Group in the past two months!”

“Since the last time the general group development strategy was formulated, Chaoyang Construction Group has continued to take over the unfinished projects of Haoyuan Group!”

“So as of now, 7 projects have been completed and opened for trading, with a total of 7.8 billion in return. Based on the current opening price, we estimate that if all these 7 projects are sold out and emptied, we will get 100 million!”

“And what is the total value of these 7 projects?

“16.9 billion!”

“What is the equivalent of the average return on investment?”

“90.13%!”

“And Chaoyang Construction Group originally took over Haoyuan Group’s project at a cost of 6.5 percent off!”

“So what is the cost price of these 7 projects?”

“Because they are all unfinished projects, based on the cost price of land and construction, the total cost of the seven projects is 14.3 billion, which is 9.3 billion at a 6.5 percent discount!”

“Adding Chaoyang Construction Group’s investment in these 7 projects, the total is 2.9 billion! (When it first took over, it had 1.6 billion on the book. Then, during this period, Chaoyang Construction Group sold some assets by itself and took over some projects. To repay part of the debt, it returned more than a billion yuan in funds. Later, Lin Feng helped it borrow another 1 billion yuan, and the total amount of funds was 4 billion yuan)”

“So, what is the total cost of Chaoyang Construction Group for these 7 projects?”

“9.3 billion + 2.9 billion, equal to 12.2 billion!”

“In other words, if all these 7 projects are emptied, Chaoyang Construction Group will make a net profit of 3.032 billion yuan, with a return rate of 24.8%!”

“How about, this income is enough!”

After Lin Feng finished speaking, he smiled at the shareholders on the scene. .