Chapter 1590: Adjusting Industrial Layout
If he couldn't remember, he wouldn't think about it. Zhou Andong said: "I remember you said you would go to Shanghai after the New Year. Why haven't you left yet?"
"I was just about to tell you about this." Tang Lin said: "The year before last, the Bund underwent the largest renovation project in over 100 years, and it was basically completed in January last year."
"The renovated Bund extends dozens of meters into the heart of the Huangpu River. It is said that various facilities for sightseeing, commerce, parking, and greening will be built along the river."
"Yesterday noon, I received a call from Vice Mayor Liu of Shanghai. He told me that Shanghai is going to establish the Bund Housing Replacement Co., Ltd. to replace and operate the buildings on the Bund, and to revive the name of the Bund Financial Street."
"It's Shanghai adjusting its industrial layout, accelerating the construction of the Central Business District in the Bund area, adjusting the usage functions of public housing, terminating original lease contracts, and transferring and renting out the vacated housing."
"Currently, public housing whose usage nature does not meet the planning requirements and industrial layout of the Bund area, including public non-residential housing and public residential housing."
"The objects for transfer or lease of the vacated housing are financial institutions, securities institutions, trading institutions, multinational corporations, comprehensive trading companies, and intermediary services or other service institutions directly related to this."
Zhou Andong knew about this Bund Housing Replacement Co., Ltd., but the replacement operation was not progressing smoothly.
Those that met the operational nature had no ideas for China at this time. Those that didn't meet the operational nature had ideas but were useless.
And those that met the operational nature and had ideas were timid, afraid of policy changes, and were all watching silently.
It wasn't until a year later, when Everbright Bank moved into No. 29 Bund, that the deadlock was broken, and the government agencies that originally used the buildings on the Bund began to withdraw one after another.
"Is there a change at No. 12 Bund?"
Tang Lin said with a smile: "There's no change, really. After all, we are using US dollars, so Shanghai definitely wants to facilitate this transaction very much."
"It's just that it won't work if you want to rent it out as you said. You must explain the nature of the operation. As long as it complies with the regulations, there will definitely be no problem."
Zhou Andong understood immediately: "You sold me out?"
"Nonsense!" Tang Lin said somewhat depressed: "If I didn't sell you out, how could Shanghai believe that I could come up with over a hundred million US dollars."
Zhou Andong laughed: "This Vice Mayor Liu wants me to put the Xiangjiang Qiudongfang branch in Shanghai?"
"Right!" Tang Lin said: "He wants to talk to you directly."
Zhou Andong pondered for a moment: "You reply to the other side that I will go to Shanghai after the fifteenth."
Tang Lin asked unexpectedly: "You don't really want to put the Xiangjiang Qiudongfang branch in Shanghai, do you?"
"How is that possible." Zhou Andong smoked a cigarette, held the phone between his neck, and reached out to take the ashtray: "Old Jia in Chaoyang has been running around for this matter. We can't go back on our word."
"Doing business is about integrity, whether it's with cooperative enterprises or the government. And Old Jia is a very good person, a capable and responsible leader. Being able to cooperate with such a leader is also a blessing for the enterprise."
Tang Lin didn't understand: "Then what are you going to talk about?"
"You forgot." Zhou Andong said: "I acquired a bank in Hong Kong."
"Fuck!" Tang Lin blurted out a profanity: "I really forgot about this. You want to set up a branch in the country?"
"Right!" Zhou Andong said: "I'm not just optimistic about the future development of the country, but also for the convenience of domestic and foreign financial investment. This way, point-to-point foreign exchange transfers will not be restricted by policy."
Tang Lin sighed: "Then No. 12 has no fate with me."
"No!" For Tang Lin, this capable subordinate, he couldn't treat him poorly: "Overseas Trust Bank was acquired by Jiandong International Financial Company..."
"Wait!" Tang Lin hurriedly interrupted Zhou Andong: "What do you mean? Wasn't the bank acquired by Xiangjiang Qiudongfang? How did a Jiandong International pop out? What does it have to do with you?"
"This is a long story." Zhou Andong was too lazy to explain: "You just need to know that Xiangjiang Qiudongfang is a shareholder of Jiandong International."
"Fuck!" Tang Lin blurted out another profanity: "Does that mean Jiandong International is also yours? How many companies did you set up abroad?"
"Not many, just seven or eight, eight or nine, ten or so." Zhou Andong thought about it: "They are all operated by Jian Qiu, I'm not very clear on the specifics."
"..."
Tang Lin took a long while before saying: "Let's talk about No. 3 and No. 4 Bund. In the current situation, if there is no investment that meets the operational nature, Shanghai will not sell, even if you give US dollars, it's useless."
"You don't need to worry about this." Zhou Andong put the ashtray aside and pressed the cigarette butt into it: "I'll go talk to them, but you still have to go to Shanghai."
Tang Lin asked: "You are going to talk to Shanghai personally, what am I going over for?"
Zhou Andong stood up, opened the phone a little bit from his ear, and grabbed a sweater to put over his head.
"I remember you said there are quite a few old foreign-style houses to sell, right!"
Tang Lin sighed: "The company's funds are not very abundant. If we buy those old foreign-style houses again, we are a bit powerless. Even if we bite the bullet and buy, we can't buy a few buildings, not to mention the company always needs to keep some liquid funds."
Zhou Andong asked: "How much do you plan to borrow for the acquisition of No. 12 Bund?"
Tang Lin thought about it: "Two hundred million!"
Zhou Andong was very surprised: "The total price is 1.4 billion. You borrow two hundred million, which is only one point something percent of the shares. Is it a bit too little?"
"It's not little." Tang Lin was very content: "The total assets you said have only just reached two hundred million so far."
Zhou Andong pondered for a moment: "How about this, don't borrow from Xiangjiang Qiudongfang, borrow from Overseas Trust Bank, borrow five hundred million directly. When the time comes to acquire No. 12 Bund, I won't care if you invest two hundred million or three hundred million."
Tang Lin smiled bitterly: "Five hundred million, converting to US dollars is sixty or seventy million. The real estate you said has a low activation rate, and the interest for this year alone could crush me to death."
"This is easy to solve." Zhou Andong said: "You can do three years of interest-free, five years of reduced interest."
Tang Lin's eyes lit up instantly, and he immediately sent a flattery: "Being with Dong-ge is just straightforward. Following Dong-ge is the most correct decision I've made in my life."
"This flattery of yours." Zhou Andong sneered: "There's no technical content at all. You should study hard in this regard."
Tang Lin chuckled: "My flattery is not good, but it's better than that idiot Zhang Zuo, who often adds trouble for you."
Thinking of Zhang Zuo, Zhou Andong sighed: "I was in a good mood, but as soon as I mention that idiot Zhang Zuo, my good mood is gone. I won't talk to you anymore, just prepare and go to Shanghai early." ===== CHAPTER 1591 =====
End of Chapter
