Chapter 355 Financing Negotiation, CITIC's Purpose (Seeking Monthly Pass)(2/2)
"Falsely high..." District Chief Wang repeated, thinking, it really has a purpose.
"I wonder what kind of land price Mr. Li thinks is more appropriate?" District Chief Wang asked with a smile.
As a real estate developer, it is completely understandable to do everything possible to lower land prices.
Then the relationship between the brother companies lowered the land price, which was considered a relatively mild approach.
It is not uncommon for people to join forces to manipulate land price bidding.
"The original land price paid by Huayu Real Estate was 200,000 yuan. Of course, during this period, the land price must have increased in value. Our expected price is around 250,000 yuan!
If possible, we would also like 5,000 acres of land."
District Chief Wang was also surprised. When he opened his mouth, he saw five thousand acres of land. He was indeed a central enterprise and he was very ambitious.
However, the price is a bit steep.
The current land price around Huayu Century City is about 600,000 to 700,000 per mu.
District Mayor Wang does not think the land price is artificially high, but feels it is a bit low.
According to Mr. Li, one acre of land is cheap from 350,000 to 450,000 yuan.
Five thousand acres of land, that’s two billion, hum!
What a good calculation.
Loan 2 billion to Dongcheng District, and then the land price will suddenly be 2 billion cheaper.
If this is done, Dongcheng District will suffer a big loss.
“Mr. Li, you are a large state-owned enterprise, and we welcome you to invest in Dongcheng District!
But I don’t agree with your view that land prices are inflated!" Executive Deputy District Chief Shen Shoulin said.
"District Chief Shoulin is right. As far as I know, the land near Huayu Century City is very popular!
Comrades from the Land and Resources Bureau have predicted that the newly listed land may exceed one million acres!" Pan Jiayi, deputy district director of the Standing Committee, also said.
"Manager Bao, is Mr. Li's request from CITIC Real Estate an additional condition for your loan from CITIC Investment Bank to Dongcheng District?" Secretary Zhang Shaoming, who also attended the meeting, looked at Manager Bao and asked in a slightly questioning tone.
It was he who submitted the financing case of CITIC Investment Bank to the Standing Committee. Now that CITIC Investment Bank has made such a fuss, he, as the proposer, is very embarrassed.
"Secretary Zhang, you misunderstood! There is no necessary connection between Mr. Li's side and our loan to Dongcheng District.
I am just acting as an intermediary to introduce Mr. Li and the leaders of the district government to each other!" Manager Bao introduced quickly.
Even if there is a relationship, we can’t admit it!
“We welcome Mr. Li to invest in Dongcheng District and are willing to provide convenience for Mr. Li as much as possible!
However, I am very sorry, but the land price offered by Mr. Li is too low and does not comply with market rules, so we in Dongcheng District cannot accept it!" District Chief Wang said with a leisurely smile.
At this time, District Chief Wang felt confident.
It doesn't matter, I really don't have to worry about finding buyers for the land surrounding Huayu Century City.
Moreover, Mr. Li also provided Dongcheng District with a good idea.
District Mayor Wang has already started planning, and the district government will come forward to plan a pedestrian street to promote the Huayu Century City project and add value to the surrounding land.
As for CITIC Investment Bank, if you have the ability, try lending me money.
I will go directly to CITIC Group to ask for an explanation.
Of course, this is just a thought.
The real confidence is that CITIC Investment Bank does not lend money, and there is also Huayu Investment.
Using the land to deduct the project payment at the current land price is no different from selling it to CITIC Real Estate at the current land price.
Moreover, Dongcheng District also saved 400 million in interest.
District Chief Wang has begun to prefer Huayu Investment in his heart.
Mr. Li's side has reached a deadlock, and everyone no longer discusses matters related to CITIC Real Estate.
Let’s turn to the discussion of financing for tourist routes.
"District Chief Wang, we mentioned in the financing case we submitted before that we loaned money to the Dongcheng District Government, but the general contracting company needed to be designated by us.
I wonder if the Dongcheng District Government has any opinions on this?"
"Manager Bao, you have no problem with CITIC Investment Bank appointing a general contractor, but you must have the corresponding general contracting qualifications!"
"Of course, we will not cooperate with small companies!
Our designated partner company is China Construction Eighth Engineering Bureau!" Manager Bao readily reported the partner company of CITIC Investment Bank.
There is nothing confidential about this.
"China Construction Eighth Engineering Bureau is also a central enterprise, and we can trust the strength of the enterprise!
However, you designate the general contractor, but the supervision unit must be determined by our Dongcheng District Government!
Of course, I am referring to the public bidding conducted by our Dongcheng District Government!
Also, our district government must also participate in the bidding work of professional subcontracting companies!" District Mayor Wang agreed that China Construction Eighth Engineering Bureau should serve as the general contractor, but he also put forward his own requirements.
In the end, although Mr. Li from CITIC Real Estate failed to achieve his goal, Manager Bao from CITIC Investment Bank still signed a letter of intent for a loan with the Dongcheng District Government.
Of course this is just a letter of intent.
Further loan contracts can only be signed after the design and construction drawings are released and the project cost is more accurately calculated.
After Yu Qingyang returned to the company, he signed a few documents, sat behind his desk, and began to think about the document about the sewage treatment plant that Director Su showed him yesterday.
Although he is involved in real estate, furniture factory, electric bicycle, and cement factory, water conservancy is his root.
Chapter completed!