Yu Gaosheng, then deputy leader of Laicheng City Committee (later mayor), took charge of Laicheng's housing reform, raised rents and issued coupons, started on an idling basis, rolled forward, and gradually transitioned. Laicheng's housing market was activated and real estate companies sprung up.
One year later, the number of state-owned and private real estate companies reached 65. Along with this, Laicheng Housing Savings Bank (the predecessor of Hengfeng Bank), the first housing savings bank established in the country, also grew rapidly.
In January 1988, at the first national working conference on housing system reform, housing system reform was officially included in the central and local reform plans, and was rolled out nationwide in phases and in batches. The experience gained in cities began to be rolled out across the country.
Since Yu Gaosheng became the mayor of Qindao in September 1989, Qindao's housing system reform has been at the forefront of the country.
Yu Gaosheng admired the young Sun Jian from the bottom of his heart. Since meeting Sun Jian in the summer of 1987, he has been paying attention to the development of Sun Jian and Kunpeng Software Company because of Peng OS1.0. In less than seven years, Under the eyes of everyone, without the help of any backers, he alone created a business empire that was as wealthy as the rest of the world.
Walking on the streets of Qindao, no one believed that the harmless young man in front of them was a billionaire and the richest man in the country.
Today, Kunpeng Software Company and Shuguang Communication Technology Company have become the largest domestic companies in the field of software and communications. They have also established Shanghai Guozhi Semiconductor Equipment Company to produce Guozhi brand servers, breaking the Western countries' restriction on domestic server CPUs and servers. monopoly! Especially last year's announcement that Shanghai Shuguang Communication Technology Co., Ltd. and Toshiba Corporation jointly invested 1.5 billion yuan to establish Shuguang Toshiba Wafer Company, introducing the most advanced semiconductor production line with six-inch wafers and 1um process technology in China, which was groundbreaking!
It was completed and put into operation in less than eight months. Leader Li attended the commissioning ceremony and wrote an inscription.
Not only did it break the technology monopoly of Western countries in computer operating systems and server CPUs, it also took the lead in making technological breakthroughs in 60,000 gate-level digital program-controlled switches. Now it plans to break the technological blockade of Western countries in the R&D and production of semiconductors.
What is commendable is that wealthy people do not forget the country. Last year, when Hua D was hit by floods, it took the lead in donating 60 million yuan, becoming the first charity in the country.
The leader saw it in his eyes and remembered it in his heart, and then the chief came to inspect.
In April, 10 million yuan was donated to Project Hope to build 40 Kunpeng Hope Primary Schools in poverty-stricken areas of Sichuan Province.
As long as you don't make big mistakes, no force in the country will dare to covet you!
Kunpeng Software Company's profit in 1991 was as high as nearly 1.4 billion yuan!
Qindao's fiscal budget expenditure for 1991 is only 1.6 billion yuan!
Why is it so embarrassing?
Except for Sun Jian himself, no one knows how much money he makes in a year? How much money do you have now?
Yu Gaosheng and other city leaders all know that as long as they can attract Sun Jian to invest, the local fiscal revenue will increase by tens of millions of yuan. They didn't dare to invite him before, but now they can't!
"The First Cause of All Realms"
Last year, in order to win the settlement of Shuguang Toshiba Wafer Company, Jingcheng, Jiangcheng, Pengcheng and Huhai all made moves one after another, and in the end Shanghai won the first place.
Shunyuan Real Estate Company successively bid for residential land in Pengcheng, Yangcheng, Jinling and Jiangcheng. When others were not optimistic about the economic development of Hainan Province, Sun Jian took the lead in investing 10 million yuan in Yedao in 1988 and purchased 500 acres. Land, another 500 acres of land were auctioned in Yecheng and Lucheng in 1990. This year, the real estate market in Hainan Province exploded, and we made a lot of money!
Yu Gaosheng, who is well-connected, also knew that Sun Jian was invited to Shanghai, Bao'an, Hangcheng and Jinling, investing huge sums of money to purchase land and build residential demonstration communities for the local areas. However, when he went to Quancheng and Qindao, he was only willing to invest in Kunpeng Software Company. and Shuguang Communication Technology Co., Ltd. do not invest in local real estate and are not optimistic about the real estate market in the two places.
"Leader Yu, Qindao is one of the first coastal open cities and a famous tourist city. It has developed science, education, economy and culture, and convenient transportation. There are many people who get rich first. The reform of the housing system is at the forefront of the country, but it will not stop. Under the policy of welfare housing distribution, except for a few cities such as Pengcheng, Yecheng and Lucheng, the only people who buy commercial housing are a group of people who got rich first."
"But in a short period of time, the citizens are not yet wealthy, and it is impossible for the higher-ups to cancel the policy of welfare housing allocation. The policy risks and market risks of investing in real estate are very high. If you rush to invest in real estate, the risk of low-end housing is extremely high, and it cannot be solved." A well-built house will fall into your own hands! Leader Yu, in front of you, I won’t tell lies. If it weren’t for several profitable companies, Shunyuan Real Estate Company’s capital chain would have been broken long ago.”
The 448 well-decorated houses in Shunyuan Garden Community on Qingyang Road were put on sale on April 8, 1990, and 277 units were sold in one month. However, they were severely affected by the Fuqiang Garden Community on Jiangda Road. (The average price of a rough house is 700 yuan). Due to the impact of sales, there are still 73 fully decorated houses that have not been sold out.
After the Chinese New Year, the average price of fully decorated houses in Shunyuan Garden Community has increased to 1,388 yuan, an increase of 100 yuan per square meter!
Not planning to sell it!
There are nearly 600 rough houses in Fuqiang Garden Community, but only more than 300 have been sold so far. Fuqiang Company has accumulated a large amount of funds and has to pay more than 300,000 yuan in bank loan interest a year. The company is miserable.
The third batch of demonstration residential community projects in Jiangcheng have not yet started.
After the N inspection tour speech, not only did the real estate market blowout in Yecheng and Lucheng, but also the housing prices in Pengcheng, Yangcheng, Zhancheng and Zhucheng soared. The housing prices in Yecheng rose to more than 4,500 yuan, and the housing prices in Luohu District in Pengcheng exceeded 10,000 yuan. Yuan, the housing prices in Yangcheng also exceed 5,000 yuan, and the housing prices in Gangcheng and Zhucheng exceed 3,000 yuan!
What goes up must come down!
Those who are born again will not be so bored as to give advice and think of solutions to their leaders.
"Mr. Sun is not optimistic about Pudong's real estate market either?"
Leader Yu meant that if he was not optimistic about real estate, why would he still invest huge sums of money to purchase 800 acres of residential land in Pudong New Area?
"Leader Yu, to be honest, I am not optimistic about the real estate market in Pudong within five years. You already know that Leader Zhu originally allocated 500 acres of land in the D3 area of Pucheng East Road for 50,000 yuan per acre. In order to build the largest residential demonstration community in Shanghai, it is stipulated that the rough house cannot exceed 2,300 yuan per square meter, and the finely decorated house cannot exceed 2,600 yuan per square meter. The developer must also provide a commercial building of 10,000 square meters and two kindergartens. and a primary school. Later, in Area A2 of Puming West Road near the east bank of the Huangpu River, 300 acres were allocated to Shanghai Shunyuan Real Estate Company at a land price of 200,000 yuan per acre as compensation! If Leader Yu is willing to take the medicine according to the order If so, I promise to invest 150 million yuan to contribute to the construction of Qindao’s model residential community.”
Although the real estate market was a hugely profitable industry in the previous life, it is still in its infancy. Strict real estate market control policies will be introduced next year, and Hainan's real estate market will take the lead in the B market. The newly emerging real estate markets in various places will suffer a heavy blow.
It was not the best time for Sun Jian to invest his limited funds in the real estate market.
Since Leader Yu invited Sun Jian to invest in real estate in Qindao and form a good relationship, of course the price must be favorable. The development of Pudong New Area is a national strategy and is not comparable to Qindao.
In its previous life, Qindao's GDP has always ranked first in Shandong Province and ranked among the top fifteen in the country. It is a sub-provincial city. Now when investing in the real estate market, even if it is temporarily trapped, there is still an opportunity to unwind.
