On June 23, facing the economic crisis, Leader Zhu gave a speech and announced that he would terminate the listing of real estate companies and fully control the entry of bank funds into the real estate industry.
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On the 24th, the "Opinions on the Current Economic Situation and Strengthening Macroeconomic Control" (commonly known as "G-16") were issued.
The "Opinions" include 16 macro-control measures including strictly controlling the total scale of credit, increasing deposit and loan interest rates and government bond interest rates, recovering illegal borrowing funds within a time limit, reducing infrastructure investment, and cleaning up all projects under construction.
The Pengshi market was not affected by the bad news. It opened 3 points higher at 2391 points, reached a maximum of 2434 points, dropped to 2379 points, and closed at 2424 points, up 36 points, or 1.5%, and the trading volume more than doubled.
Pengshi investors are betting that the funds withdrawn from the property market will return to Pengshi!
The Shanghai stock market opened at 985 points, 1 point lower, rose to 993, then dropped to close, down 6 points, with slightly larger trading volume.
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On the 25th, the Shanghai stock market opened 1 point lower at 979 points. The market continued to rise, reaching a maximum of 1041 points, and closed at 1006 points, an increase of 26 points, or 2.7%. The trading volume increased by more than 60%, and the volume surged!
Good news spread in the market, and funds withdrawn from the property market entered the Shanghai stock market.
Pengshi opened at 2427 points, 3 points higher, with a maximum of 2442 points and a minimum of 2345 points. It closed at 2369 points, down 55 points or 2.2%, falling on heavy volume!
Penghu investors’ understanding and expectations of the “G Sixteen Articles” are very different!
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"Mr. Sun is wise!"
After reading the "G Sixteen Articles" in the newspaper, Huang Guoping admired Sun Jian. He and Yang Debo were a little puzzled by Mr. Sun's disapproval of continuing to acquire land in Yecheng and Lucheng and working overtime to deliver housing on time.
For the real estate industry in Hainan Province, where house prices and land prices are so high, the "Sixteen G" measures are fatal, and money is tightening across the board, causing the real estate bubble to burst instantly after rapid expansion...
I wonder how many investors are overjoyed? How many investors have lost all their money?
"Mr. Huang, let the employees rest for a week before rushing to the construction site of Beijing Semiconductor Equipment Company."
"Okay, Mr. Sun!"
Those who come out to fool around always have to pay back. Sun Jian has no sympathy for these C tenants who come from all over the world and is willing to admit defeat!
What goes up must come down!
It's time to leave, so as not to be missed by the local leaders!
Although he made a lot of money, he had a clear conscience and did not leave behind a single unfinished building or a piece of idle land, nor was he short of a dollar loan from the local bank.
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In June 1991, Feng Lun, Wang Gongquan, and Liu Jun, who had fired their boss Mou Dazhong Youyu, came to Coconut City. Wang Qifu, Yi Xiaodi, and Pan Shiyi joined successively to form a partnership to establish Hainan Agricultural High-tech Investment and Joint Development Corporation. Although it was named " Agriculture", but the main business is real estate.
Because Feng Lun was the oldest and had the highest position in the system, he became the eldest brother.
Feng Lun and Liu Jun served as vice chairman (at that time, the position of chairman must be held by someone from the investment management unit), Wang Gongquan served as the general manager and legal person, Yi Xiaodi served as the assistant to the general manager, Wang Qifu served as the office director, and the flexible Pan Shiyi was in charge of finance In the center, in terms of money distribution, everyone, regardless of ability or contribution, has one-sixth, drinking from a big bowl, eating meat in large chunks, and dividing gold and silver on a big scale.
The six people invested 30,000 yuan in principal. Feng Lun used his connections in Beijing to get 5 million yuan from a trust investment company. He used 5 million yuan as a down payment and borrowed 13 million yuan from the bank to speculate in real estate and buy and sell. After selling the property, I made a net profit of 3 million yuan and earned my first pot of gold!
In early 1993, Hainan Agricultural High-tech Investment and Joint Development Corporation increased its capital and shares and was restructured into a limited liability company, namely Wantong Group. The main shareholders include Feng Lun, Wang Gongquan, Liu Jun, Wang Qifu, Yi Xiaodi and In addition to Pan Shiyi, there are also legal shareholders such as Huacheng Finance Company and Haisheng Securities Company. Feng Lun serves as the chairman and legal representative, Wang Gongquan serves as the general manager, and the other four serve as deputy general managers. Pan Shiyi is responsible for the company's finances.
Vantone Group has established a standing board of directors, and major decisions are made by six people.
Except for Pan Shiyi, the other five people all graduated from prestigious universities. They were people who came out of the Z system and had many connections. They got accurate information about the introduction of strict real estate controls from inside. They escaped and returned to the capital with a profit of 30 million yuan. , to enter the real estate market.
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Nowadays, Beijing Shunyuan Real Estate Company has no time to enter the Beijing real estate market. The most important task is to ensure that Beijing Semiconductor Equipment Company completes an infrastructure project of 120,000 square meters by November, a world-class lithography machine semiconductor research institute and related semiconductor equipment and If the material factory is put into use one day earlier, there is hope that the dual workbench of the lithography machine, ArF excimer laser, five-inch wafer project and new lens project of the lithography machine will be successfully developed as soon as possible.
After Huang Guoping led more than 400 employees to join, there were nearly 2,000 employees and more than 300 vehicles and construction machinery at the construction site. General Manager Zhang Bin was on site to direct the first phase of the project, an 11-story light-filled building. Lithography Semiconductor Research Institute Building, a five-story comprehensive building that can accommodate thousands of people for dining, lithography machine light source factory, lithography machine optical system factory, lithography machine precision equipment factory, mask factory, photoresist factory, lithography machine Assembly plants, wafer fabs, etching machine plants and ion implanter plants are all capped.
For the first time, a huge construction team of nearly 2,000 people appeared in front of the people of the capital. They were uniformly dressed, well-trained, and disciplined. The opportunity to demonstrate the strong strength of Shunyuan Real Estate Company was also a comprehensive test of Zhang Bin’s leadership ability. This After the completion of this major project, the team will rush to the construction site of Shuguang Automation Equipment Company in Zhuankou, Jiangcheng.
In the second phase of the project, ten residential high-rise buildings have started construction at the same time.
In the third phase of the project, the design of ten small high-rise buildings has been completed and construction materials have been prepared. It is expected that the entire project can be completed about a week ahead of schedule.
Today, after nearly eight years of rapid development, Shunyuan Real Estate Company has 13 branches, a total number of employees of more than 6,200, completed more than 500,000 square meters of construction projects, and a registered capital of 500 million yuan. With assets of more than 1.2 billion yuan and working capital of more than 900 million yuan, it has established an architectural design institute with more than 370 architects and obtained first-class construction enterprise qualifications. Nowadays, it is easy to build small high-rise buildings.
In recent years, the power supply in big cities has improved significantly. Seven Sino-foreign joint venture high-rise elevator production companies have emerged, including Jinhai OTIS Elevator, Shanghai Mitsubishi and Yangcheng Fujitec. In Pengcheng, Yangcheng, Yecheng, Shanghai and Beijing, Due to the sharp increase in land costs, small high-rise residential buildings have sprung up.
Toshiba Elevator Company plans to enter the Chinese market next year. Taro Nakamura told Sun Jian in March that the company is willing to use technology and funds to establish a Sino-Japanese joint venture elevator company with him and let him control it.
Inadvertently, in April, Sun Jian and the National Z Committee established the Jingcheng Semiconductor Equipment Company. In May, he acquired the Jiangcheng Machinery Factory on the verge of bankruptcy and established the Zhuankou Shuguang Communication Automation Equipment Company.
High-rise buildings are springing up like mushrooms after a rain. Toshiba Elevator Company has a history of more than 100 years and is a world leader in technology. Within a dozen years, the high-rise and small high-rise residences built by Shunyuan Real Estate Company and Taobao Electrical Appliances Mall will require thousands of elevators. After leaving the country, Sun Jian planned to use Jiangcheng Shuguang Automation Equipment Company and Toshiba Elevator Company as a joint venture to establish Shuguang Toshiba Elevator Co., Ltd. in the East Lake High-tech Zone.
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