freenovelworld Chapter 665
Chapter 665
While everyone was accustomed to spending money directly to buy land, he took a different approach and keenly saw the clever idea of exchanging properties with those residents.
By conducting in-depth research on residents' needs and cleverly formulating a replacement plan, we successfully avoided the high cost of land purchase and achieved the goal of obtaining maximum benefits at the lowest cost.
Imagine that during that period, He Yuzhu was like a tireless spinning top, frequently shuttling back and forth in the old streets and alleys.
The mottled bluestone road made a dull sound under his hurried footsteps.
He knocked on old wooden doors, walked into every household, sat down with the residents and had long and sincere conversations with them.
He leaned forward slightly, his eyes focused and enthusiastic, and while gesturing with his hands, he patiently and meticulously painted a beautiful blueprint for his future new home.
From the unique modern and smooth architectural appearance, to the complete community facilities including fitness facilities and children's play areas, to the comfortable and convenient living experience equipped with smart access control and 24-hour attentive property services, every detail is taken into account and described vividly.
With his honest smile and complete sincerity, he gradually dispelled the residents' concerns and reached an agreement with them to buy their land on credit.
Immediately afterwards, he worked non-stop to deploy the construction team, prepare building materials, and start the construction work in full swing.
After the houses were built, the residents were given properties of corresponding size as compensation in strict accordance with the agreement, fulfilling the promise with practical actions.
In this long and complicated process, the challenges He Yuzhu faced were like layers upon layers of mountains.
Residents' questions and concerns came in like a tide, ranging from the reliability of the project quality to the impact on daily life during construction.
He spends a lot of time every day, with great patience, answering questions and solving problems for residents and calming their uneasy emotions.
Not only that, in order to coordinate resources from all parties, he ran around like a wound-up machine.
When purchasing building materials, you need to screen among many suppliers, compare prices, quality and delivery cycles, just to find the most cost-effective materials.
Scheduling the construction team is equally challenging, requiring reasonable arrangement of workers' work tasks and construction progress to ensure close coordination and seamless connection between various types of work.
From infrastructure to main construction, there can be no mistakes in every link. He always remains highly vigilant to ensure that everything is foolproof to ensure the steady progress of the project. The difficulties and hardships involved are self-evident.
In this way, the 300 million yuan invested by He Yuzhu in the early stage was mainly used to pay for key aspects such as design fees, initial purchase of raw materials, and payment of wages to construction workers.
Speaking of raw material procurement, there is one detail that must be mentioned here.
During the raw material procurement process, He Yuzhu found that the price fluctuations of building materials in the market were like a roller coaster.
Especially for steel and cement, prices are affected by many factors such as market supply and demand, international commodity price trends, and often experience large fluctuations.
In order to purchase high-quality materials within a limited budget, he had to pay close attention to market trends and act decisively when prices were relatively low.
Once, when he learned that a large steel plant was preparing to sell a batch of steel at a low price due to inventory backlog, He Yuzhu rushed to the scene immediately, carefully checked the quality of the steel, and after a fierce negotiation, successfully purchased the required steel at a price 15% lower than the market price, saving a considerable amount of money for the project.
He Yuzhu fully demonstrated extraordinary courage and strategy when purchasing raw materials.
Taking the purchase of river sand as an example, he targeted the company owned by Huo Yingdong. This choice was not accidental, but was based on an accurate judgment of the market. The company's river sand is of high quality and has an excellent reputation in the construction industry.
However, He Yuzhu faced the problem of capital turnover, and direct cash payment would put tremendous pressure on the overall cash flow of the project.
So, relying on the good reputation he had gradually accumulated in the industry and his firm confidence in the success of future projects, he began the difficult negotiation journey with suppliers.
He visited suppliers many times and had several rounds of sincere exchanges with relevant persons in charge, elaborating in detail on the project planning, expected returns and his team's strong execution capabilities. He finally succeeded in impressing the other party and reached an agreement to take goods on credit first.
When purchasing cement, He Yuzhu also faced financial difficulties, but he did not back down.
This time he set his sights on Yingzhou Cement Company, a company that has advanced technology and equipment in cement production and whose product quality is stable and reliable.
He Yuzhu knew very well that if he wanted to realize credit purchases again, he had to show enough sincerity and a convincing plan.
He conducted in-depth research on the business model and market demand of Yingzhou Cement Company. In his communication with the other party, he not only elaborated on the broad prospects of the project in detail, but also used future order commitments as a powerful bargaining chip to paint a beautiful blueprint for long-term cooperation and mutual benefit to the supplier.
After several rounds of in-depth negotiations, He Yuzhu finally impressed the supplier with his wisdom and sincerity, and successfully purchased cement on credit.
In this way, when a customer comes to buy a property, He Yuzhu can use the customer's loan to repay the debt, cleverly resolving the funding problem and ensuring the smooth progress of the project.
This seemingly risky way of operating funds actually contains hidden secrets.
Under He Yuzhu's careful planning and cautious approach, everything progressed smoothly and in an orderly manner.
From the accurate assessment of the market in the early stages, to the difficult negotiations with various partners, to the meticulous control of capital flows, every step demonstrates his outstanding business insight and decision-making ability.
He cleverly utilized resources from multiple parties to build an interlocking chain of financial operations.
The funding gap of more than 2000 million yuan, which originally seemed like an insurmountable mountain, was successfully filled in large part through this sophisticated operation!
What is amazing is that the actual loan He Yuzhu got from Chong Hing Bank was only 1000 million.
With his extraordinary wisdom, he leveraged limited funds to launch huge projects and achieved miracles in business operations.
Today, the house sales are progressing very smoothly. Thanks to the team's unremitting efforts and careful planning, all the houses for sale have been successfully sold.
The relevant loan processing procedures were also carried out efficiently, the bank's review was passed quickly, and the funds arrived in a timely manner.
These funds were then accurately used to repay previous debts, with every account being clear and accurate without any errors.
The entire business process is like a sophisticated machine with exquisite design and smooth operation. All links are closely linked. Every part, no matter how big or small, is fully committed to its designated position, performing its function accurately and correctly, providing a solid guarantee for the successful conclusion of the project.
He Yuzhu is sitting in a spacious and bright office at this moment. Soft natural light shines through the window onto his desk. He holds the report that records all the data in detail firmly in his hands, and examines each line of numbers intently.
The paper is slightly yellowed, as if it has been gently caressed by time. The densely packed data on it is like a fine tapestry, recording every detail of the project from preparation to sales during this period.
Each number is not just a cold symbol, but more like a shining medal in his struggle during this period, carrying countless days and nights of hard work and dedication.
During those days, there was the fatigue of working late into the night, the joy of overcoming difficulties, and the anxiety of facing hardships, all of which were condensed in this piece of data.
Looking at these data, he couldn't help but feel a complicated emotion in his heart.
He recalled carefully that in order to promote the project, he ran around and finally successfully borrowed 300 million yuan. During the repayment period, the accumulated interest expenditure reached 100 million yuan.
During the entire operation process, the total operating cost, including venue rental, staff salaries, material procurement and other expenses, was only 400 million.
However, in just half a year, He Yuzhu's profits soared like a rocket, breaking through the 800 million mark. This figure is really astonishing.
This number was like a powerful blockbuster bomb, which deeply shocked He Yuzhu himself. It was as if he was instantly caught up in an unreal dream. He could not believe that all this was really happening in the real world.
He Yuzhu sat in front of a desk piled with documents, his eyes fixed on the dazzling string of numbers on the report. Excitement and joy were intertwined in his eyes, like the brightest stars in the night sky.
His hands trembled slightly, and his lips opened and closed unconsciously, as if he was muttering to himself, or as if he was repeatedly confirming this incredible result.
He couldn't help but sigh in his heart that the real estate industry is like a bottomless, vast ocean that contains endless treasures.
In this field, many investors have easily made a fortune with their keen vision and decisive decision-making. It is undoubtedly an excellent way with unlimited potential.
Take the current project for example. With only one investment, we have reaped double the returns in just half a year.
Such an extremely high rate of return on investment is really too tempting, like a magnet emitting fatal attraction, firmly hooking the hearts of every investor, making it difficult to resist the huge temptation.
Moreover, this is only the result of half a year. If the time span is extended to a whole year, according to the current booming development momentum of the industry, what kind of astonishing and shocking brilliant achievements will be created?
It is not difficult to imagine that the data may far exceed people's expectations and become a legendary example that the industry will talk about with relish.
His thoughts were like a wild horse running wild in his mind, and he was completely immersed in carefully outlining the grand business blueprint for the future.
He couldn't help but imagine that if he invested the 800 million he earned this time back into the real estate market, purchased high-quality land, and built new houses, with the valuable experience and connections he accumulated this time, plus the market's gradually established trust in the company's brand, it would not be a fantasy to double the profit to 1600 million in half a year.
In his vision, the purchased land will be located in the city's emerging development area, where transportation planning is gradually being improved and surrounding supporting facilities are being built in full swing, which has great development potential.
The newly built houses will adopt the most popular architectural styles and environmentally friendly materials, and incorporate intelligent elements from the design drawing stage to create a comfortable and technologically advanced living experience.
In this way, with excellent product quality and precise market positioning, it is even possible to gain more profits.
After all, in the business world, a good start is often like the beginning of a snowball. Once it starts rolling, it can use inertia to expand rapidly in geometric multiples in subsequent development, creating an even more amazing miracle of wealth growth.
He Yuzhu's thoughts drifted away, as if he had witnessed those exciting scenes with his own eyes.
In his imagination, the city's skyline is rewritten by brand new skyscrapers, which rise from the ground in the city like mushrooms after rain.
The large glass curtain walls are like huge mirrors, reflecting dazzling light under the sunlight, making the entire city look modern and prosperous.
He seemed to have transformed himself into a key figure, wearing a neat suit, standing tall and proud on the roof of the building.
Gazing into the distance, all I could see was this scene that was becoming increasingly prosperous and flourishing because of my hard work. My heart was instantly filled with a sense of accomplishment, and my chest unconsciously rose slightly.
He Yuzhu's thoughts drifted back to 1955.
At that time, the real estate market in Hong Kong was turbulent.
Huo Yingdong heard that the family with a long history was planning to sell a piece of land opposite the Causeway Bay Hotel due to business difficulties.
He was keenly aware of the great value contained therein.
The land is not only close to a bustling commercial area, but also has convenient transportation and a large flow of people.
It is located in the core area of urban development and has great development potential.
Huo Yingdong acted decisively and raised 130 million yuan to purchase this precious land.
After obtaining the land, he quickly formed a team and engaged in intensive construction preparation work.
Not long after, a brand new building, the Chan Gong Building, rose from the ground on this land.
Its height was the highest in Hong Kong at that time.
It has become a new landmark of Hong Kong's urban construction.
It also opened a glorious chapter for Huo Yingdong in the real estate industry.
In the middle of the last century, Hong Kong's cityscape was undergoing a quiet transformation.
The construction industry has also ushered in new development opportunities.
This towering building carries the expectations and dreams of countless people.
The total construction cost was as high as 200 million, which was an astronomical figure at the time.
However, the business tycoon, Henry Fok, handled the situation skillfully with his amazing financial management skills.
Only 10% of the total price was used, which is 130,000 yuan, which seems insignificant but is of great significance.
This huge project was launched.