In order to live in seclusion, I tricked my roommate into falling in love.

Chapter 535 As long as you bet on the buyback, anything is possible
As for the actual construction, Leading Auto, as an industry expert, does it itself.

State-owned assets are only responsible for paying money.

Now that Leading Auto has been without sales funds for three consecutive months, it is indeed very difficult.

The situation, which had already suffered six consecutive years of losses, has been made even worse.

When we were making fuel vehicles before, we were somewhat famous and could make some money. But since we entered the new energy field in 18, we have been losing hundreds of millions of dollars a year.

After 20 years of joining forces with Yuanyao Leading, R&D and marketing costs soared, and annual losses began to exceed billion.

By the end of August this year, the losses have exceeded 3 billion!

The state-owned assets officials present were also helpless when they reported this data.

Because Leading Automobile had previously launched its two mature SUV models, it cooperated with Yuanyao Leading in 21 to add some intelligent elements, and after minor modifications, it was launched on the market.

The selling price is 26 to 37 yuan.

Despite their far-leading reputation, they can still sell thousands of vehicles each.

Now they are all completely blocked by Totoro!
The price range is completely overlapping, and the quality and experience are all significantly better, with overwhelming live streaming and internet celebrity coverage.

After consumers know about Chinchillas, learn about them from various short videos, and go to the mall to see Chinchillas, if they still choose the leading SUV, then their feelings of integrity must be overflowing.

Zi Xiaowei listened quietly, without any expression of blame on my face.

He didn't even explain that he also bought a Leading M7 from the second-hand market, and after disassembling it, he found out that the car was just an unsold car worth hundreds of thousands of yuan.

Officials from the state-owned LP didn't blame him. "Market competition is just like that," he said. "They emphasized that the new plant was for the all-new M9 intelligent SUV, backed by its leading position. We were also very optimistic about the market, but we didn't expect them to collapse at this critical juncture."

State-owned assets are not stupid enough to just throw all the money at once. They must be supervised and approved at all times and the funds must be used for their intended purposes.

More importantly, this type of investment is often accompanied by a put-back repurchase agreement.

State-owned LPs also like to use this the most.

This is also a fart buyback.

Zi Xiaowei understood: "Actually, the problem lies in the inherent strength of these small car companies. Jiang'an Automobile and Changjiang Automobile would not have such problems."

State-owned assets were also unhappy: "These two have no shortage of capital investment. Creating output value and generating tax revenue in the industrial park is not the performance of state-owned assets. Currently, industrial investment of this scale in Jiangzhou is rare. There are many cultural industries, but they are all tricks to deceive land attributes and real estate. It is difficult for us."

Zi Xiaowei was suddenly reminded: "Cultural industry? Jiangzhou has 98 provincial-level cultural tourism projects, including 23 in the urban area. Are there any struggling projects with state-owned capital?"

It would have been better if this hadn't been said. Except for the secretary of the Automotive College, the other three people's expressions changed. One even covered his head helplessly: "Almost all cultural and tourism projects that fail are taken over by state-owned assets. Tell me if there are any. I've been involved in three of them..."

It turns out that state-owned assets are divided into many parts and many levels, including national investment, municipal investment, district and county investment, urban construction investment, cultural and tourism investment and other categories.

According to the well-informed opinions of these state-owned investment officials, the most common projects are those seeking state-owned capital, because cultural people have many ideas but no money!
Therefore, almost all the large-scale cultural and tourism projects that are worth mentioning are invested by cultural people, who provide creative ideas and hold shares.

However, how many intellectuals can run a good business?
If you really know how to do business, you will never lack money to attract investment.

Therefore, the loss ratio of cultural and tourism projects is very high!

In comparison, the success rate of state-owned capital investment in scientific and technological content and industrial technology is much better.

At least the scientific research and technical personnel and industrial bosses have some business skills.

They are all more reliable than the cultured people who are more thoughtful.

Therefore, in the early days, emphasis was placed on joint operation, and later, almost all cultural and tourism projects were carried out in the form of bet-repurchase.

The total investment in this area in Jiangzhou City exceeds 300 billion!

It brings tears to my eyes.

One of them even turned on his mobile phone and told the story of a case he had handled on the spot.

It is right on the other side of the famous Fengzui Cliff Scenic Area, which made Jiangzhou a national internet celebrity city.

It has already been developed into a beautiful international financial district with an opera house, five-star hotels, and financial center office buildings. It is very high-end and beautiful.

The photos of the other side of the river at Fengzui Cliff are also very good.

During holidays, tourists from all over the country flock to see the night view, and even the bridge that passes through here is packed with people. So, wouldn't it be profitable to build an observation tower on the other side of the river similar to the Shanghai Pearl Tower or the Yuezhou Yaozi Tower?

There are really smart people everywhere. They even got the land and started construction, but their capital chain collapsed in less than a year.

The entire project is valued at 22 billion yuan. It is located in the most prime location, with a land area of ​​more than 4 square meters. After completion, the construction area will be 188 square meters. The 360-meter-high tower top observation deck offers a -degree view of Jiangzhou.

No wonder it is named the Global Observation Tower.

It’s easy to feel like you’re on top of the world.

But the reality is very bleak.

When the collapse occurred, only the foundation and underground garage were left, resulting in a huge building pit.

It looks like an ugly bald head stuck at the most golden intersection of two rivers, blocked by the beautiful opera house across the street.

That's why it's not captured in photos by hundreds of millions of tourists from all over the country every year.

Zi Xiaowei also took out his mobile phone and opened the more detailed and multi-dimensional satellite map, and of course there was no place to hide.

The others also sighed.

"We've taken over the project with nearly 800 million yuan in funding, but to revitalize the project, we'll need to invest at least 2 billion yuan. Besides the price fluctuations over the past six or seven years, the investment required to restart the project is also quite high. We've dug so deep, and it's going to be difficult to repurpose it. Sixty acres of our most valuable land is a headache!"

Zi Xiaowei pulled out pictures and aerial videos of Jibei Nandi Park. "This is a botanical garden we built in downtown Jicheng. It covers 720 acres. Leveraging the technical expertise of the School of Landscape Architecture of Southwest Associated University and Jibei Agricultural University, and the promotional power of livestreaming influencers, it became a popular check-in destination with million visitors during the summer vacation, boosting the surrounding economy."

These people immediately held it up and passed it around to look at it as if it were a treasure.

The slightly older secretary of the Automotive College raised his teacup and gestured, "I heard Mr. Zhou and his colleagues talk about this investigation, and they spoke very highly of it. Are you interested in taking over the Global Observation Tower and renovating it?"

Those who were flipping through their phones were staring at it expectantly.

Zi Xiaowei, however, wanted his phone back and used a satellite map to find the ski resort near the industrial park. "It's just across the bridge from the Changjiang Automobile Factory. The investment looks substantial, but there are so few people and the business is slow. What's going on?"

He was immediately embarrassed to admit: "Ours... along with the Republic of China Film and Television City next door, are all cultural tourism investments and operated by cultural media companies. As a result, the actual results are far from meeting expectations..."

This is all tears.

There are two film and television city cultural tourism projects in Guangbei District. This Republic of China Film and Television City is the location left behind after the filming of the movie by director Pants. It has been transformed into a tourist attraction and is quite complete, attracting hundreds of thousands of tourists every year.

The newly built film town was a collaboration between a famous film company and state-owned capital with an investment of several billion yuan. However, just as the land was acquired, a cold wave hit the film industry and everything was gone.

So until now, the only Republican-era film and television city that is still in operation only charges a small entrance fee, and other than that, the average consumption per person is around ten yuan!

The annual ticket revenue is tens of millions, but the maintenance costs for the park, which covers an area of ​​more than 600 acres, are not enough to cover the expenses.

It's about to be abandoned and closed down.

It seems that state-owned assets are just like those Internet venture capitals, nine out of ten investments are worthless.

Zi Xiaowei thought for a moment and said, "I understand that cultural and tourism projects like these, far from the city, play a pioneering role in the region and drive its maturity and development. Otherwise, consumers wouldn't travel so far to buy homes there. Let's try collaborating on this small project first. We won't seek controlling stake, but we do need to obtain operating rights, invest in renovations, and ultimately promote it, sharing in the profits."

The person who claimed it immediately became excited: "Are you sure?"

Zi Xiaowei nodded. "I've actually been to Minguo Film and Television City quite a few times. The biggest problem is that there's no film or television production shooting here. These days, there aren't that many film and television productions shooting here. But now, there are countless internet celebrities shooting, especially in the northern suburbs internet celebrity park. The problem is that we don't have enough filming locations here. This is precisely the advantage of Minguo Film and Television City. If we take over, putting aside the tourist factor, the filming itself alone will make the film and television city prosperous."

Since he said so, this person couldn't help but say: "I will report to the leader, report."

The people from Global Tower are still waiting. Of course, the three of them represent three companies respectively, which are the three state-owned shareholders of the smart car factory, and together they hold 100% of the shares.

Now I actually want to work on some other projects, that would be my personal achievement!
Zi Xiaowei didn't disappoint him: "We are indeed organizing local cultural and tourism projects in Jiangzhou and need help to turn things around... In fact, state-owned assets can regard us as a leader in the cultural and tourism industry. We are not seeking heavy assets, nor are we purely motivated by profit. Instead, we are finding the right path for the internet celebrity live broadcast industry."

Everyone understands: "Of course! As long as internet celebrities gather here, this attraction will definitely be popular!"

"Come on, this job is ours. I'll arrange for someone to sort out all the cultural and tourism projects in Jiangzhou and discuss them with you one by one."

At this time, the caller came back in a few words: "No problem...but can we still sign a bet-repurchase agreement..."

State-owned assets are the best for this.

(End of this chapter)