Chapter 2231: Who Has More Money?
Rebirth of a Perfect Future · 第2231章 比谁钱多?
“Got it?”
Seeing Wang Kai’s expression, Zhao Fusheng knew that the vice president had understood his meaning.
“Yes, I understand. Thank you, Chairman.”
Wang Kai nodded solemnly to Zhao Fusheng. “I was shortsighted before. Please don’t take offense.”
Zhao Fusheng waved his hand. “It’s not your fault; I didn’t think it through. In real estate, it’s indeed very difficult without leveraging banks.”
This was his honest opinion. He had to admit that his understanding of the real estate industry was limited before. He only knew that with the launch of the four-trillion-yuan stimulus plan, China’s real estate market would take off, so he made early moves.
But he hadn’t considered that investing in real estate required massive capital.
Simply put, you can’t play real estate without money.
If you want to grow your real estate company, cooperating with banks for loans is inevitable.
Zhao Fusheng used to think that owing too much to the bank was a bad thing.
But in real estate, the more you owe, the safer you are.
If you owe a few million, someone might come after you. But if you owe tens of billions, or even hundreds of billions or trillions, a crowd of people will surround you to protect you, because they know you can’t fall—if you do, they’ll be dragged down too.
This logic is actually the same as why the United States is so cocky.
Of course, its national strength is a factor, but more importantly, the U.S. owes money to the whole world. If the U.S. economy completely collapses, the global economy will be severely affected.
This impact is especially severe in European and American countries.
“Let’s take a break. I need to make a call.”
Zhao Fusheng thought for a moment and said to Wang Kai.
Wang Kai raised his hand to request a pause in the auction.
The auction house had no objection. In fact, auctions of this level always allow for a mid-session break.
Everyone knew that for a transaction worth billions, the break was for consulting with superiors.
Of course, such breaks were not unlimited.
Basically, each company could use it once.
Watching Zhao Fusheng go out to make a call, Wang Kai let out a long breath.
“President Wang, the Chairman…”
Someone beside him whispered, “Our funds may not be able to afford this.”
Future Real Estate had limited liquidity, relying on cash from land Zhao Fusheng had purchased earlier to sustain itself.
And this time, Zhao Fusheng clearly didn’t intend to let Vantone Real Estate off easily.
Wang Kai smiled. “Since the Chairman is handling it personally, there’s no need to worry about funds.”
Then he chuckled, “You know, in business, the worst thing is impatience and competitiveness. This isn’t a martial arts contest or a poetry competition. For something open and aboveboard, why resort to tricks and schemes?”
He was referring to the petty tricks Pan Ren had used earlier. Wang Kai had thought about retaliating, and even assumed Zhao Fusheng would fight fire with fire.
But now it seemed he had underestimated his boss.
Zhao Fusheng had no intention of doing that at all!
“President Wang, do you mean the Chairman plans to teach them a lesson?” The assistant asked in surprise.
Wang Kai nodded. “Yes, it seems so. Xiao Liu, remember, we’re in business to make money. No matter what tricks the other side plays, we only care about profit. In business, it’s about bullying the weak when you’re strong.”
The assistant seemed puzzled, not fully grasping Wang Kai’s meaning.
Wang Kai smiled but said nothing more.
This was a lesson he had only just figured out today.
In business, big fish eat small fish, and small fish eat shrimp. But if a big fish isn’t careful, a group of small fish will gang up on it, striking when it’s down.
So, the big fish has no reason to be polite to those small fish. While it has the strength, it should just devour them.
…
…
Zhao Fusheng, the big fish, was in a private room making a phone call.
This room was provided by the auction house for companies to communicate with their headquarters.
In fact, Zhao Fusheng wasn’t the only one on the phone; Vantone was also making calls. But Pan Ren was reporting to his father, while Zhao Fusheng was talking to Dong Chenxi.
“Something up?”
Dong Chenxi was a bit surprised to receive Zhao Fusheng’s call. She knew he was handling Future Real Estate matters.
“Be prepared.”
Zhao Fusheng said slowly, “Barring any surprises, Future Real Estate will soon need to borrow a large sum from Future Investment. It will be repaid once the bank loan comes through.”
“No problem.”
Dong Chenxi agreed without even asking.
Normally, she might have asked about the specific use, but at this moment, Zhao Fusheng spoke seriously, and she knew he wasn’t impulsive.
If he had made a decision, there must be a reason.
With Dong Chenxi’s affirmative answer, Zhao Fusheng felt reassured. He hung up and returned to the auction hall.
“We’re good.”
Zhao Fusheng smiled at Wang Kai. “Don’t worry about funds. I’ve spoken with Future Investment; they’ll lend to Future Real Estate.”
“That’s great!”
Wang Kai was overjoyed. He knew exactly what Zhao Fusheng’s words meant.
For Future Real Estate, the biggest problem was insufficient funds. Often, even knowing a piece of land would be hugely profitable, they had to give up due to lack of money.
Now, with support from Future Investment, the biggest hurdle was suddenly overcome.
It was like a pillow handed to someone who was dozing off!
Thinking of this, Wang Kai couldn’t suppress his smile.
“Chairman, so what’s next?”
Wang Kai tentatively asked Zhao Fusheng.
Clearly, he was asking about Zhao Fusheng’s thoughts on plot B29.
“Can you guess their bottom line?”
Zhao Fusheng thought for a moment and casually asked Wang Kai.
This was crucial. While he didn’t expect Wang Kai to know their exact bid, he hoped to at least know their approximate limit.
“This plot is basically the land king of the last two months.”
Wang Kai whispered to Zhao Fusheng, “I estimate they can go up to four billion. Beyond that, it might be very tough for them.”
“And the profit?”
Zhao Fusheng thought for a moment and asked Wang Kai the most critical question.
No matter what business, profitability is the key.