Starting out as a drug dealer in 1988

Chapter 364 Becoming a Landlord

A week passed quickly, and the topic of financing finally died down.

However, during this period, Zhao Wenhao achieved almost nothing.

He is either busy receiving leaders or running around between various meetings and activities.

What's worse is that a lot of capital has poured in, trying to establish connections with Hengyuan Electronics.

Among them, the most eye-catching is Citibank, which has been very active before.

From the very beginning, Citibank showed a strong willingness and became the first capital party that wanted to intervene in this incident.

However, their arrogant attitude made Zhao Wenhao dissatisfied.

In addition, the conditions they proposed were not attractive and did little to help Hengyuan Electronics' development.

Therefore, Zhao Wenhao decided to temporarily put aside his cooperation with them and chose not to respond.

After Goldman Sachs and Meifeng Group got involved, they were very straightforward and proactive. Not only did they agree to the conditions proposed by Zhao Wenhao without hesitation, they even took the initiative to provide Hengyuan Electronics with the funds and detailed training plans that they urgently needed.

This made Zhao Wenhao, who had originally planned to continue delaying the financing time to obtain more favorable conditions, finally decide to cooperate with them.

After all, these resources are crucial to the company and can accelerate Hengyuan Electronics' development.

Now, with the successful conclusion of the tripartite cooperation agreement, it naturally attracts more attention from capital.

Especially at the previous press conference, when Zhao Wenhao did not explicitly refuse other capital to join, many investors hoped to contact him as soon as possible and discuss cooperation matters.

Unfortunately, however, Zhao Wenhao was too busy during this period and was unable to respond to these requests.

In addition, since the first round of financing has just been completed and Meifeng Bank has also promised to provide loan support, Zhao Wenhao currently has no plans to initiate a second round of financing.

"Knock knock knock..." After a few knocks on the door, Li Hongmei pushed open the door of Zhao Wenhao's office.

Then he walked in quickly and said, "Mr. Zhao, I've been notified that 11.2 billion yuan has been transferred to New Century Investment Company's account. However, the 8 million yuan loan still needs to go through some procedures and won't be transferred to Hengyuan Electronics until next week."

Upon hearing this news, Zhao Wenhao showed a hint of surprise on his face. He smiled with satisfaction and said, "Oh? That's pretty fast."

Then, he seemed to remember something and asked, "By the way, how is the registration of the property management company going?"

Li Hongmei nodded and answered firmly, "It has been completed and the formalities have been finalized. The property management company is wholly owned by New Century Investment Company."

After hearing this, Zhao Wenhao's face became even more delighted, and he immediately ordered: "Okay, I understand. Go call Qin Cheng over!"

Li Hongmei agreed, turned around and walked out of the office.

Zhao Wenhao hummed a little tune happily, as if all his worries were thrown away.

Hengyuan Electronics previously belonged to him personally, so the 10 billion yuan he received from the sale of 11.2% of the shares naturally belonged to him.

And he has already put this money to good use.

Before this, he had already discussed it with Kuang Youzhi who was far away in Hong Kong Island.

Of the 11.2 billion yuan, after deducting taxes, he set aside 4 million yuan for his own use, and invested the rest.

Most of the funds continued to be used to purchase commercial properties in Hong Kong Island, while the rest was controlled by Kuang Youzhi and used to invest in stocks, futures, etc.

As for the 4 million yuan set aside, Zhao Wenhao plans to purchase properties in prosperous commercial streets in cities of all levels across the country.

Since you are planning to establish a store sales channel, you naturally need corresponding stores.

Zhao Wenhao had thought it through clearly. He set up a separate property management company and then used it to acquire stores in prosperous areas of cities at all levels.

Afterwards, these stores will be rented to Hengyuan Electronics to open a home appliance chain store.

With the development of the times, housing prices in cities at all levels will surely rise steadily, and so will their rents.

Since Zhao Wenhao has money in his hands, he doesn't want to let outsiders make money.

So, just invest huge amounts of money and buy houses all over the country.

Since Hengyuan Electronics has now become a joint-stock company, Zhao Wenhao naturally does not want them to take advantage of this, knowing the general trend.

After he buys the house, he will rent it to Hengyuan Electronics. This is a two-pronged approach.

4 million yuan is definitely a huge sum of money for Zhao Wenhao, but he is not satisfied with it.

After careful consideration, he decided to use the funds for real estate investment and planned to open Hengyuan Electronics stores in various cities.

Taking each large and medium-sized city as an example, if five stores are opened in each city, then this amount of funds will be more than enough.

In addition, considering that the housing prices in the downtown area of ​​Shanghai are currently the highest, even if it is located in a bustling commercial area, the price per square meter is only about 3,000 yuan.

Therefore, Zhao Wenhao also has a bold idea - to build a large warehousing center in the center of the transportation hub.

Doing so will not only meet Hengyuan Electronics' needs, but also allow it to be rented out to other companies, thereby obtaining stable rental income.

If this model is followed, Zhao Wenhao expects to recover all his investment in ten years at most.

Moreover, these properties have huge potential for future appreciation and the returns are immeasurable.

At the same time, since these stores are located in prosperous areas of the city and their area is more than 50 square meters, the value of thousands of commercial properties in the future will reach hundreds of billions of yuan.

Therefore, Zhao Wenhao's investment strategy this time can be said to kill two birds with one stone, as he can obtain stable rental income and own a large number of high-quality properties.

More importantly, all this requires no additional investment; you only need to wait for the property to appreciate naturally.

In this way, Zhao Wenhao invested 400 million and got thousands of properties for free ten years later. It was really a good deal!

If that time really comes, even if Zhao Wenhao does nothing and sits at home as a landlord, he can earn hundreds of millions in rent alone in a year.

Moreover, he already owns tens of billions of fixed assets. As long as he sells them off slowly when the price is high, Zhao Wenhao will never be able to spend them all in several lifetimes.

"Tuk tuk tuk..."

Just when Zhao Wenhao was daydreaming, the knock on the door sounded again, interrupting his thoughts.

Zhao Wenhao came to his senses and looked towards the door.

Qin Cheng cautiously put half of his head in, with a hint of confusion on his face.

Qin Cheng saw Zhao Wenhao looking at him and quickly said, "Mr. Zhao, are you looking for me?"

The corners of Zhao Wenhao's mouth rose slightly, revealing a faint smile.

He waved to Qin Cheng, motioning him to come over and sit down.

Qin Cheng didn't hesitate at all, he pushed the door open and walked over.

Seeing that there was no water in Zhao Wenhao's cup, he specially added some tea for him.

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