Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 792 Old Jia, this time you're not leaving.
While there might be fools and idiots among billionaires, those with a net worth of tens of billions are practically all exceptional individuals. — Chen Mo
If Sun Hongbin's 150 billion yuan tuition fee could be explained by "poor judgment of people," then...

So, the fact that Xu Jiayin repeated the same mistakes despite knowing the lessons of the past can only mean that some people were using LeEco, a financial black hole, to play an even more dangerous game from the very beginning.

Or is Sun's 150 billion also a cake in the eyes of some people?
In this level of capital game, when billions of dollars begin to flow, every participant is a masked hunter.

In retrospect, Jia Yueting may just be the most dazzling smokescreen in a carefully designed fund transfer scheme.

Why would a real estate giant suddenly venture into the internet industry? As Lu Qi said, "There must be something fishy going on when things seem unusual."

Chen Mo realized that even the precognitive advantage of reborn individuals has its limitations.

Those memories and perceptions based on the perspective of ordinary people are often far removed from the truth.

At this moment, he must combine existing resources and information channels to recompile the known information.

With this in mind, Chen Mo sent an email to Tianji Pavilion, "Investigate the cooperation between Sunac and LeEco for me!"

He also sent a message to a member of Black Rain to inquire about the inside story.
A two-pronged approach.

If the Heavenly Secrets Pavilion is the open brain trust, then Black Rain is the advisor in the shadows.

After finishing all that, Chen Mo opened the Tianyancha backend system and looked at LeEco's huge and complicated shareholder list.
Among the shares held by funds under the four major banks and their family members, many familiar faces emerge, including Yunfeng Fund, owned by Wanda's Wang Jianlin and Ma Huateng.

LeEco Pictures, through Jia Yueting's wife's connections in the film and television industry, brought in some celebrities to join the project.
I counted, and there were a total of 19 celebrity shareholders. These celebrities, who are glamorous under the spotlight, are as pure as white lotus flowers in front of capital. If they try to get on the capital's good side, they will lose everything.

When Chen Mo saw Liu Tao, he was speechless. How come she was always unlucky? She wanted to marry a rich man, one of the four young masters of Beijing, but the man turned out to be a fake tycoon who went bankrupt at lightning speed. She could only maintain the image of a virtuous wife to pay off her husband's debts. This time, she invested 6000 million yuan in LeEco and lost it all.

However, he later gained the aura of Mazu, and his life has been worry-free ever since.

When Chen Mo retrieved LeEco's land acquisition records in recent years, his gaze suddenly sharpened.

The closed-loop model formed by real estate, the internet, and land reserves aroused his vigilance.

He immediately issued an additional order: "Focus on investigating the details of LeEco's land reserves."

The Tianji Pavilion was very efficient; a report was returned that same afternoon.

This is an insider analysis report on the valuation of LeEco Real Estate and the cooperation between LeEco and Sunac.

According to search and statistics, LeEco has acquired large-scale land purchases in many parts of the country through its subsidiaries (including LeEco Holdings, LeEco Auto, LeEco Ecosystem, etc.) in the past few years.

The following is a summary of the main land reserves:
1. Moganshan plot in Zhejiang (planned to build LeEco Automotive Ecological Industrial Park, but construction has not yet started)

Area: Approximately 4300 mu (approximately 286 million square meters)

Price: The government sold the land at a preferential price, and LeEco only paid approximately 4.19 million yuan (with a commitment to invest 200 billion yuan in building a factory in the future).
Application: Faraday Future (FF) production base

2. Yizhuang plot in Beijing (LeEco Auto)
Area: Approximately 5000 mu (333 million square meters)

Price: Not fully disclosed, but market valuation is approximately 50 billion to 100 billion.

3. Chongqing Liangjiang New Area plot (LeEco Cloud, LeEco Sports)
Area: Approximately 2400 mu (160 million square meters)

Price: Approximately 30 billion (including supporting investment commitments)
4. Shenzhen Qianhai plot (LeEco headquarters)

Area: Approximately 5.5 square meters
Price: Bought for 16.5 billion yuan in 2015
5. Total estimated value of other land (Tianjin, Shanghai, etc.): approximately 50 billion to 100 billion yuan.

Jixian County, Tianjin (LeEco Super Eco-City, not yet fully implemented)

In summary, the LeEco land in Shanghai's Hongqiao area (including the LeEco Building) is valued based on the current average market price.

[Conservative valuation] 200-250 billion RMB
[Development Potential] The commercial value of prime locations in Beijing, Shenzhen, Shanghai, and other cities is limitless.

'

Chen Mo looked at the conclusion given by the Heavenly Mystery Pavilion, and it coincided somewhat with his own.
The story of LeEco and Sunac.

The version that the public sees today is a story of helping someone in need and acting righteously.

Chen Mo's memory, however, is of the story of Mr. Dongguo and the wolf.

Now he sees it as a story of redistribution of wealth at the capital level.

Especially after seeing the reply from the member of Black Rain, who subtly implied that there was more to the story than met the eye, and that Sun Hongbin had considerable influence behind the scenes, Chen Mo's judgment was further confirmed.

It seems that this third story is the truth of the matter.

Although Black Rain was tight-lipped about it, subtly implying that the energy was considerable, it seems that besides Liu behind Sun, there were other unspeakable forces involved.

That makes sense. When a plan goes wrong, a place that was originally owned becomes unclaimed land, and a business worth tens of billions is enough to make many people envious.

In this multi-billion dollar capital feast, the real losers are always small and medium-sized institutions, star shareholders, suppliers, and retail investors.

However, Jia Yueting's precise land acquisition strategy ironically became the opportunity for him to be preyed upon by capital.

The dual monitors in front of Chen Mo were flashing completely different streams of information: the left screen was a detailed report on LeEco's land assets provided by Tianji Pavilion, while the right screen was a satellite panoramic view from Gaode Maps.

It must be said that Jia Yueting's strategic vision in land acquisition was indeed shrewd—the ecological industrial park in Moganshan, the automobile base in Yizhuang, and the headquarters plot in Qianhai.
Each location is a prime location with immense potential for appreciation.

It's no wonder that such high-quality assets have become targets for capital hunting.

“Perhaps these plots of land could become the landing point for our car manufacturing plan in the future,” Chen Mo said thoughtfully, tapping the table.

LeEco's remaining assets do have value to the other side, but to swallow this piece of fat meat, careful planning is necessary.

Reforming the industry's practices is far more important than this; we can use this incident as a warm-up.

Sunac's 150 billion yuan seems like a lot, but nobody knows how much of it will actually end up with LeEco. It's like when Jia Yueting cashed out, claiming he lent the money to the company. If even half of that came to him, Chen Mo would say he had a conscience.

In Chen Mo's eyes, LeEco was already a shell devoured by capital, and the so-called "rescue" was nothing more than a fig leaf for various forces to fight over the remains.

As for Jia Yueting, he later frequently expressed his longing for his motherland, parents, wife and children through videos and texts in the United States.

To be a stranger in a foreign country alone, think of love every time during the festive season.

"Since you're so homesick," Chen Mo's eyes sharpened, "then you're not leaving this time!"

The day after Sunac announced its 150 billion yuan investment in LeEco.

On January 15th, Chen Mo's Weibo account, "The Other Shore," was suddenly updated:
"His building was about to collapse."

Without beginning or end, these six short characters reveal a profound mystery.

A stone stirred up a thousand waves.

(End of this chapter)