Traveling through 70's wine

Chapter 289 Joint Venture



Chapter 289 Joint Venture

Ever since Wen Qing went abroad to study, Li Zhonghua has always wanted to purchase some fixed assets for the grain company. He finally bought a 20-acre piece of land in Yuquan Town, adjacent to Yunlin Town, and built his own office building and warehouse. After Wen Qing returned to China, he moved the grain company from No. 48 Majia Lane in Wen Qing, but he continued to rent the warehouse in Yunlin Town.

Wen Qing called Liu Honggang and asked them to renovate the yard and rent it out again. No. 48 Majia Lane has a good location, with a two-story main building and three-room wing rooms on the east and west floors, for a total of 3 rooms. The style is simple and the yard is shaded by flowers and trees. The backyard was separated and converted into a shop, which is currently rented to Changxia Wine Industry as a specialty store.

Wen Qing said: "Just a little repair will do, no need to make it too complicated."

Liu Honggang nodded in agreement and hired a decorator to repaint the house inside and out, cleared the weeds in the yard and on the walls, replaced the bathroom facilities, and installed air conditioners in the rooms.

After the renovation, Wen Qing went to see it. The wooden stairs were shining with the luster of the original wood, the walls were snow-white, and the leaves of the crabapple trees in the yard were sparkling after the rain.

In order to manage Wen Qing's house well, Liu Honggang went to the Open University's Department of Architecture. Now he is very professional in decoration design. Wen Qing now pays him salary and bonus according to the manager level.

After the renovation of No. 48 Majiaxiang was completed, a training school approached her. The other party felt that the yard was quiet and large, and had both offices and classrooms, which was better than renting classrooms somewhere else. So when they saw that the place had just been renovated, they took the initiative to come here and wanted to rent it to open a school.

There are not many extracurricular tutoring classes in Pingjing now, and even fewer large and medium-sized training schools. This is a training school funded by a dozen retired teachers. It mainly trains junior and high school courses and focuses on test training. Another feature is that their foreign language training is relatively strong. They have opened English, Gaulish, German training, and special oral teaching. This is the first time Wen Qing has seen a special English speaking training class.

Wen Qing learned that almost all the foreign language teachers in this training school had studied abroad, but they had left their original life tracks in the past ten or twenty years. Now they were old and had lost the opportunity to be teachers. By opening a training school this time, they finally made good on their previous efforts.

Wen Qing admired these entrepreneurs in their 50s very much and thought that they were really courageous to rent such a large yard, so the price he asked was not high, basically the same as the original price he rented to the grain company.

Lantianfang Company distributed dividends in March of the following year after she returned to China. In the previous year, the third phase of Dongcheng Lijing and the Tonghui River site were completed one after another, and there was a lot of money in the company's account. Their shareholders had not received dividends for two years, and this time they planned to take out 3 million yuan to distribute to shareholders. Wen Qing owned 0.6% of the company and could get 11.5 million yuan.

The third phase of Dongcheng Lijing was built into a villa area, with 70 townhouses built on more than 264 acres of land. The Western-style villas are scattered around the Chaoyang Lake. This community is named Dongcheng Mansion. The area of ​​each villa is more than 230 square meters, with an average price of more than 500 million yuan. The most expensive building was sold for 2000 million yuan and was bought by a wealthy businessman from Gangcheng. This real estate project made more than 15 billion yuan for the company. Xie Yang said that he didn't know there were so many rich people in Beijing.

Wen Qing fulfilled her promise and spent 550 million yuan to buy a 260-square-meter villa, but she has no time to decorate it.

The land beside Tonghui River was developed into a comprehensive shopping center similar to Xicheng Lijing, including hotels, shopping malls and office buildings. The company decided to keep the 1 square meters shopping mall for itself to operate and established the Blue Sky Commercial Company. Blue Sky Development Company held 70% of the shares and Shuiya's family held 30% of the shares, mainly because her uncle returned from France and brought a large sum of money.

A year ago, their family opened the first private department store in China, Lizi Department Store, in Xicheng Lijing, selling cosmetics, clothing, shoes and hats, and electrical appliances. Due to the introduction of some foreign brands, Lizi Department Store became the favorite of fashionable men and women, with monthly sales of more than 1.5 million yuan, which is higher than the Oriental Department Store, the largest department store in Pingjing.

Her uncle saw the huge business opportunities in the country and resolutely returned to China to develop. With Shuiya's help, he cooperated with the Blue Sky Real Estate Development Company. Therefore, Blue Sky Commercial Company is a Sino-foreign joint venture and can enjoy some tax benefits.

The hotel in Tonghui Blue Sky Shopping Center has not been sold. The property rights belong to the Blue Sky Development Company, which has been leased to a famous foreign hotel group. They have invested 10 billion yuan to build a five-star hotel.

If funds were not limited, Xie Yang would have wanted to hold the entire Tonghui River project himself. However, too many people with connections wanted to buy houses, and Xie Yang could not afford to offend them, so he put 3 square meters of shopping malls and office buildings up for sale, with total sales of 8.7 million yuan. Wen Qing was amazed when she heard that the average price of the shopping mall was over 3 yuan per square meter and that of the office buildings was 1 yuan per square meter.

Of course she knew that this price was still not high compared to her previous life, but compared to Xicheng Lijing in previous years, the increase was astonishing.

With the help of Uncle Shuiya, the Gu Qicheng family also established connections with several international luxury goods groups. The Gu family operates department stores in other cities and is now gradually introducing foreign big-name products to expand the scale of those department stores.

After the opening of Tonghui Blue Sky Shopping Center, it has become the most fashionable place in Beijing. It has a wide variety of international and domestic brand-name clothes, bags and shoes. The LG floor has become the place with the most complete range of international brand-name products in the city and even the country, attracting a large number of customers. The fifth floor has been built into a food court, selling delicacies from all over the country. There is a cinema and roller skating rink on the sixth floor. Tonghui Blue Sky Shopping Center is the first commercial center in the country that integrates shopping, entertainment and catering.

The five-star hotel in Tonghui Blue Sky Shopping Center is named Yisi Hotel, a first-tier international hotel brand that focuses on business travel. The office building was sold to some people with connections and rented to Hong Kong and foreign companies. The office building is frequented by white-collar elites, which has led to a significant increase in the consumption capacity of this area. Even other shops in the mall are in great demand and hard to find.

Lantianfang Company was so successful that many people were jealous. Fortunately, except Wen Qing, all the shareholders of the company had extraordinary backgrounds, so those people had to find other ways out and set up real estate development companies. The land prices in Beijing soared like a rocket.

According to the government's plan, some areas of the capital will gradually carry out old city renovation. At the same time, in order to ease the pressure of housing and traffic, the construction of the Third Ring Road and the Fourth Ring Road will begin.

Blue Sky Company successively acquired plots of land in Chaoyang, Xicheng and Sifeng districts, with the areas ranging from 100 to 500 acres. As each real estate company acquired more land, the land price rose rapidly. Blue Sky Real Estate Development Company was one of the earliest established real estate companies with relatively strong strength. It has been actively acquiring land and occupied a large amount of capital.


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