PFC Chapter 517 Discussing the Investment Issues of Xichun Plaza with Zhuang Wenbin and Lei Zhichao
Chapter 517 Discussing the Investment Issues of Xichun Plaza with Zhuang Wenbin and Lei Zhichao
Happy New Year!
After visiting the industrial park, Xichun County warmly hosted all the guests at the Xichun Hotel.
Xichun Grand Hotel is a five-star hotel built by Xichun County itself, while the three-star hotel is Xichun Hotel.
The following morning, Xichun County invited leaders from ministries, provinces, and cities, as well as various media outlets, to visit the development of the new and old towns.
This is a rare opportunity, so we should take the time to promote the urban development of Xichun County.
To this end, Qi Tongwei had photos and videos of the old and new towns from the past exhibited.
This is so that leaders and various media outlets can have a more intuitive understanding.
Xichun County has been commended once again.
The following afternoon, a group of officials from Xichun County saw off the leaders from the ministry, provincial and municipal governments, and various media outlets.
Zhuang Wenbin and Lei Zhichao did not leave; Qi Tongwei wanted to discuss new collaborations with them.
"Wenbin, Zhichao, our county is going to build a 200-meter-tall building, Xichun Square. The project has already been approved by the city and the province."
I asked you to stay behind to ask if you'd like to invest in this project.
In the office, Qi Tongwei sat facing Zhuang Wenbin and Lei Zhichao.
"I'm OK!"
Zhuang Wenbin said.
His investments in the stock market have skyrocketed, multiplying several times over, and he's now wondering how to spend the money.
Although Qiyuan Company's main business has not yet turned a profit and requires continued investment, it does not require too much money.
"Secretary Qi, how much money do you need? If the investment isn't too large, I'll definitely invest!"
Lei Zhichao said.
Although his business is very extensive and the group has a lot of funds.
But my uncle's side is also developing a county worth tens of billions of yuan, which requires a lot of investment.
Therefore, he cannot come up with too much money.
After all, creating a county with a GDP of 10 billion yuan is no easy task these days.
Because the current GDP calculation method is different from before, investment can no longer be directly counted as GDP.
Otherwise, based on the amount of investment in Xichun County, it would have already become part of the GDP.
Take Jinshan County, the first county in China to reach 10 billion yuan in revenue, for example. It wouldn't be able to become a 10 billion yuan county now.
This is also why Jinshan City's GDP growth rate has been relatively slow in the past two years.
Of course, its slow growth rate is only in the past; compared with other counties and districts in Handong, its growth rate is still very fast.
Moreover, he had already invested 8.3 million yuan in Xichun County after the Chinese New Year.
"The total investment for this project is around 30 billion yuan. Our county has already resolved the land issue. Xichun Group spent 7.44 million yuan to acquire 300 mu of land."
After the project is approved, Xichun Group will invest several hundred million yuan more, leaving a shortfall of about 20 billion yuan.
The province and the city will each invest around 1 million yuan.
"You guys see how much you can invest, and I'll find other investors for the rest."
Qi Tongwei said.
"In that case, I can completely solve the funding gap!"
Zhuang Wenbin said.
Qiyuan Company is fully capable of resolving the funding gap of 18 billion.
In this way, Qi Tongwei would no longer need to ask for favors.
Moreover, the 200-meter-high Xichun Plaza is rare in inland areas, and if Qiyuan Company becomes the major shareholder, it has reason to enhance its reputation and image.
"I'll invest 5 million!"
Lei Zhichao thought for a moment and then said.
Qi Tongwei came to him personally; he definitely couldn't refuse to invest a little, given their relationship involved.
Moreover, he naturally didn't want to give up such a big project.
But he really can't afford too much.
"Zhichao, you should contribute more from your side!"
Once the model for Xichun Plaza is established, it can be quickly replicated and promoted.
Once the project is approved, there will be two Xichun Squares in Sichuan Province alone.
After all, the city needs such a tall building.
My idea is to bring in as many people as possible, raise the capital to tens of billions, and establish a company.
You can also invite suitable companies to come.
While opening Xichun Square in Xichun County, three other Xichun Squares in Mingzhu, Beijing, and Pengcheng will also be opened. At the same time, preparations are underway to open the fifth Xichun Square, which is the Xichun Square in Jincheng City.
Each Xichun Plaza will establish a project company, which will enable it to achieve scale and facilitate subsequent financing and expansion.
The financing method is REIT, and after the financing is successful, the construction of the second batch of Xichun Plaza will begin in other major cities.
Ultimately, the goal is to expand Xichun Square's reach across the country, making it a landmark and a symbol for all regions.
Our goal is to achieve a market capitalization of over 100 billion for our parent company, making us the largest commercial REIT platform in Asia.
Qi Tongwei said.
If Xichun Plaza wants to become a landmark and a national symbol, Qiyuan Company and Zhichao Group alone cannot do it.
After all, the required funds are too much for them to afford.
Moreover, to become a large national enterprise and build Xichun Plazas all over the country, one needs connections in various fields.
This requires bringing in more companies with strong backgrounds and financial strength.
"Okay, Secretary Qi, but I need some time to think about it!"
Lei Zhichao said.
According to Qi Tongwei's goals, he needs to spend tens or even hundreds of millions of yuan, which he needs to seriously consider.
That much money can't be come up all at once.
Moreover, he needs to discuss such a big matter with his uncles.
"Okay! But we can't delay too long!"
Qi Tongwei said.
Lei Zhichao is indeed the head of Zhichao Group, but he cannot make decisions on such a large investment.
Qi Tongwei used to have a voice, but Lei Yaohua and Chen Xinghua brought in a lot of people, so his influence diminished.
Moreover, he transferred half of the shares registered under his father Qi Dashan's name to his older brother Qi Tongyue.
The remaining half will be transferred to my younger sister, Qi Tongyu, after she graduates.
"I'm fine on my end!"
Zhuang Wenbin said that Qiyuan Company could come up with two or three billion yuan.
After the three finished discussing their plan and inspected the production status of the OEM factory, Zhuang Wenbin and Lei Zhichao returned home.
After all, they have someone in charge here.
……
Next, Xichun County will focus on the demolition and construction of the old town and the construction of rural roads.
Continue working with those households that haven't signed demolition agreements yet, striving to get them to agree to the demolition and avoid significant changes to the plans.
At the same time, we should encourage the developers who built the other half of the resettlement housing to acquire land in the old city as soon as possible to develop residential communities or commercial properties.
In addition, the county has introduced new regulations that require newly developed residential areas in both the new and old towns to have nine-story buildings with elevators instead of seven.
This is done to increase the number of households and the population that can live in a community.
As for the main structure of the house, it was just a frame from the beginning.
Originally, the plan was to use brick-concrete structure, but Qi Tongwei thought of the major earthquake more than ten years later and changed it to frame structure.
Residential buildings of ten stories or less are not being considered for the time being, as they would be difficult to sell.
Regarding township roads, 6 million yuan has been enough to basically complete the secondary roads from the county seat to most townships. The next step is to build a primary six-lane dual carriageway main road from the county seat to Jiachun Township.
The project has been approved and construction can begin soon.
However, the province required that it be built at the border of Jincheng and Yucheng.
It is likely to facilitate the connection of Yucheng to the main highway, a six-lane dual carriageway, and further improve the traffic conditions in Yucheng.
After all, the only way to connect Yucheng to the outside world is via national highways, and the Jinyu Expressway is still under construction.
If only Xichun County could extend the first-class, six-lane dual carriageway main road to the border between Jiachun Township and Jianglian Township in Dingmeng County, which is adjacent to Yucheng.
Rain City can build a first-class, six-lane, two-way main highway from here to the city center, which will completely improve traffic conditions.
However, connecting the first-class, six-lane, two-way main highway to the urban area of Yucheng will require more than one billion yuan.
Yucheng cannot come up with this money.
After all, Yucheng is underdeveloped and its fiscal revenue is very low, even lower than some counties in Jincheng.
To connect the primary six-lane dual carriageway to the urban area of Yucheng, the province has to pay for it.
It's estimated that the province is already making plans, since Xichun County has already built a section for the province.