Zhao Chen raised his head.
Chen Xi took a deep breath and tried to make himself less excited, but he couldn't suppress the smile at the corner of his mouth:
"The person in charge of Vanke Property called and wants to schedule an interview with you."
Zhao Chen was slightly startled:
"Vanke?"
"Yes!" Chen Xi said, "They are very sincere. What they say is that they really want to win over our Henglong Property."
Zhao Chen put down the document in his hand and leaned on the back of the chair.
He was indeed a little surprised.
Vanke Property--The best brother in the industry.
In the real estate industry, Vanke Property is a ceiling-level presence.
Management scale, brand premium, and service level are all industry benchmarks.
What's more important--
Zhao Chen remembered something about Previous Life.
After wearing the mask, Vanke Property swallowed Sunshine City's property sector in one go.
Biguaiyuan Services was not to be outdone and took possession of Blue Light's property.
At that time, the real estate industry was undergoing a major reshuffle, leading companies were making crazy mergers and acquisitions, and small and medium-sized properties were either swallowed up or slowly perished.
And now, it's only 2017.
Vanke has already started taking action.
"Zhao Zong?" Chen Xi noticed that he was distracted and reminded in a low voice.
Zhao Chen came back to his senses and raised the corners of his mouth slightly:
"As soon as the meat is exposed in the market, they pounce on it. This is a good thing."
Chen Xi nodded:
"Then how do we respond?"
Zhao Chen thought for a while:
"Make an appointment with them and meet them first."
He paused:
"But it's not about price, it's about intention."
Chen Xi was stunned for a moment:
"Without making an offer first?"
"There's no rush." Zhao Chen said, "There are so many agencies consulting now. We have to choose a good in-law for the property company."
He stood up and walked to the window:
"Price is only one of them. Payment method, delivery cycle, personnel placement, brand survival - these are all things that need to be discussed."
He turned around:
"You need to contact them first and find out what's going on. See how sincere they are and what conditions they can offer."
Chen Xi nodded:
"I understand. Then I'll make an appointment to have dinner with them first."
"Okay." Zhao Chen said, "In addition--"
He looked at Chen Xi:
"Let Chen Qiming prepare a simple Financial Data, from the past three years, plus the first half of this year."
Chen Xi Quick note:
"Then what?"
"Then send it to all institutions with sincere inquiries." Zhao Chen said,
"After they read the data, they will make a preliminary offer. After a round of screening, we will sit down and talk."
Chen Xi's eyes lit up:
"This way we can filter out those who are not sincere, and the rest are those who really want to buy."
"Yes." Zhao Chen said, "And letting them quote their own price is much more proactive than us making an offer first."
Chen Xi laughed:
"Understood. Then I will contact Vanke first to explore their trump cards."
Zhao Chen nodded.
Chen Xi was about to turn around and leave when Zhao Chen suddenly stopped her:
"Right."
Chen Xi Look back.
"The news that Vanke is interested in," Zhao Chen said, "Find a way to reveal it to Shen Jue."
Chen Xi was stunned for a moment, then smiled:
"Understood."
Of course she understands.
Shen Jue is also helping to find buyers.
Now let Shen Jue know that Vanke is also interested, what will she do?
It will only be more positive.
This is called raising the price.
Chen Xi Push the door and leave.
The office became quiet.
Zhao Chen sat back on the chair and picked up the document that he had not read yet.
But what's on my mind is no longer the property company's business.
Vanke is gone.
What does this mean?
This means that the wave of mergers and acquisitions in the real estate industry has begun.
Henglong Property is the right move.
Shen Jue was reading a piece of material when his cell phone suddenly rang.
It's a message from Chen Xi:
"Director Shen, I just received a call from Vanke Property. They want to schedule an interview with Zhao Zong."
Shen Jue looked at the message and raised the corners of his mouth slightly.
Vanke.
All the big names in the industry are gone.
She picked up the phone and dialed a number:
"Mr. Li, how are you thinking about the project you mentioned last time?"
A middle-aged man's voice came from the other end of the phone:
"Still considering."
"Don't think about it." Shen Jue said, "Vanke has already entered the market."
The person on the other side was silent for two seconds:
"Vanke?"
"Yes." Shen Jue said, "I just contacted you today. If you hesitate any longer, you won't even be able to drink the soup."
The other side was silent for another two seconds:
"... I'll give you an answer tomorrow."
Shen Jue hangs up the phone.
She leaned back on the chair and looked at the river view outside the window.
Zhao Chen This man is really...
Every step is on point.
She smiled, picked up the phone, and dialed another number.
Now that Vanke has come to an end, it's time for her to step up the fire.
After Zhang Qingxue and Chen Xi left, the office became quiet.
Su Wantang walked behind Zhao Chen, put his hands gently on his shoulders, and started kneading him slowly.
"Are you tired?" she asked softly.
Zhao Chen closed his eyes and leaned back on the chair:
"Not bad."
Su Wantang's technique is very gentle and the force is just right.
She studied with a professional masseur for a period of time just to help him relax at times like this.
"I just heard you guys talking about real estate,"
She pressed the button and asked, "After selling it, will Henglong have a lot of cash in his hand?"
Zhao Chen opened his eyes and looked out the window:
"Not much."
Su Wantang was slightly startled:
"Not much? Can't the property company sell it for more than 2 billion?"
"It can be sold for more than 2 billion." Zhao Chen said,
"But after paying off 1.2 billion in high-interest debt, the financing money was simply not enough."
He paused:
"The Working Capital currently on the account is less than one billion."
Su Wantang was silent for a few seconds.
Less than one billion.
For a Real Estate company, it's really not much.
"What happens after the property is sold?" she asked.
"It will be healthier." Zhao Chen said,
"Cash flow will be more abundant and the debt ratio will be lower. The stock price will most likely rise."
Su Wantang thought for a while:
"But... selling Henglong Property is equivalent to killing the goose that lays the eggs. Will the market buy it?"
Zhao Chen smiled:
"You think about it quite deeply."
Su Wantang patted him gently:
"After following you for so long, I have to learn something."
Zhao Chen held her hand and asked her to stop.
"Whether the market buys it or not depends on how it is calculated."
He said, "Property companies can sell for more than 2 billion now because of high valuations.
But in the next few years, the vacancy rate of office buildings will increase, and the value of property companies will shrink."
He paused:
"Selling now is to realize future earnings in advance. It is equivalent to increasing net assets."
Su Wantang thoughtfully:
"So the key is valuation?"
"Yes." Zhao Chen said, "As long as it can be sold at a reasonable price, it is a good deal. Now it depends on the valuation given by the market."
Su Wantang nodded and did not ask about the valuation again.
But she still has a problem.
"With so much cash," she asked softly, "Can you just hold one song in your hand?"
Zhao Chen turned his head and looked at her.
She stood behind him, and the sunlight outside the window shone in from the side, casting a soft light on her face.
"Of course not," he said.
Su Wantang Wait for him to continue.
But Zhao Chen just smiled:
"You will know later."
Su Wantang was stunned for a moment, then patted him gently:
"It's still a lie."
Zhao Chen held her hand, pulled her to his side and sat down.
"It's not a matter of speculation," he said, "It's just that I'm not completely sure yet."
Su Wantang looked at him:
"Then I'll wait."
Outside the window, the sun is just right.
The two of them sat side by side on the sofa, neither of them speaking.
But that kind of tacit understanding is warmer than any language.
A long time.
Zhao Chen suddenly spoke:
"Wantang."
"Huh?"
"Thank you."
Su Wantang turned his head and looked at him:
"Thank you for what?"
Zhao Chen was silent for two seconds:
"Thank you for being by my side."
Su Wantang was stunned for a moment, then smiled.
The smile was short but gentle.
"Where can I go?" she said.
Zhao Chen said nothing, just squeezed her hand gently.
The silence was soon broken.
Chen Xi almost ran in without knocking on the door, with an expression on his face that could not be said to be excitement or nervousness:
"Zhao Zong, there is a person from the asset management company downstairs named 'Jiahe' who insists on seeing you."