"Mr. Jiang, our real estate project in Kyoto has fully resud work, and it is expected to be completely delivered within the next two years."
Hengsheng Group.
Second Generation Geng Zhida led the way and spoke without pride.
When he took over this giant ss, it was full of holes everywhere, and now he’s only done a preliminary patch-up.
"What about other areas?"
"The resumption of work on other projects is also being planned in an orderly manner. Currently, 30% of the sites have resud work, and we plan to ensure that 50% of the developnts restart construction within this year."
Geng Zhida’s response was sincere and also quite alarming.
You could sense just how big this hole was from his words.
Truly, this proved the saying that the bold get the bounty.
No wonder they dare to sell houses by just fixing the front door.
Jiang Chen also knew that countless hoowners were eagerly awaiting, living each day like a year, but building houses is not a ga that can be completed in a snap.
Even though Shen Zhou has always been known as an infrastructure maniac, such large-scale projects still take ti to construct.
"Don’t just pursue speed and neglect quality. Quality must be guaranteed."
"Mr. Jiang, I understand."
Geng Zhida imdiately responded cautiously, fearing he might displease the other party.
Because he knew that the other party might not be in a good mood lately.
The widely discussed Speed incident had inevitably reached his ears; both Hengsheng and the backers behind Speed are Great Wall, and he and Niu Jili are sowhat colleagues.
From his perspective, Speed’s blunder was utterly absurd and shouldn’t have happened at all, and at the sa ti, it was not a big deal.
After having seen the sea, re water is unremarkable.
They just needed to remove the spokesperson, issue so apology statents to win back the users’ hearts, but for Hengsheng?
Rebuilding unfinished buildings is just fulfilling obligations and legal responsibilities and doesn’t an earning society’s forgiveness.
Even if all projects nationwide could be delivered with quality assured, would there still be people willing to buy from Hengsheng, or dare to buy Hengsheng properties after being stigmatized?
Geng Zhida himself was quite pessimistic about it.
This once-popular company now was like an old man trying his best to repay debts, essentially with no future.
Of course.
Whether Hengsheng had a future or not, Geng Zhida couldn’t afford to care anymore; not ending up like his father and brother, rotting in jail, was already a blessing from heaven, not daring to hope for more. However, for Boss Jiang, it was different.
He took over Hengsheng certainly not just to give countless innocent and pitiful hoowners their due ho, but to ensure that Hengsheng could continue to move forward.
But Hengsheng’s troubles were indeed much larger than Speed’s.
"How do you plan to handle the unplanned land plots?"
Hearing this, Geng Zhida paused.
Besides the unfinished buildings, Hengsheng Group indeed had so undeveloped land under its na.
Of course.
The assets of Hengsheng had been mortgaged as much as possible early on, including the land plots that had not been sold in ti. After Boss Jiang took over, he retrieved these assets.
"Mr. Jiang, you have full discretion."
Geng Zhida resolutely responded, although he was still the de facto leader of Hengsheng, he clearly understood his own position.
"I want to use these land plots to build the next generation of housing, what do you think?"
Jiang Chen casually ntioned, yet his words were startling.
Geng Zhida looked visibly surprised.
"Of course, not now. At least wait until most of the debts are repaid,"
Jiang Chen continued to speak.
Geng Zhida hesitated, but finally chose not to feign ignorance, half asking, half reminding: "Mr. Jiang, the real estate market is currently declining gradually, and consurs may have lost confidence in us. It might be more suitable to sell the land or cooperate with other companies on developnt."
"What if the down paynt for our houses could be lowered to 15%, or even lower? Do you think the market might give us another chance?"
Geng Zhida was once again stunned, and after a mont, he said, "Mr. Jiang, the down paynt ratio isn’t up to us, it’s the banks who..."
Midway, Geng Zhida abruptly stopped, realizing who he was speaking to.
"Mr. Jiang and the banks..."
He probed cautiously.
Jiang Chen did not respond, but Geng Zhida already had the answer in his heart.
Real estate would be controlled, detached from its previous madness; this fact, those within the industry had known for a long ti, but the consensus was that real estate would not collapse.
The impact of real estate on the economy is too profound; it must continue to play its historical role until the industry upgrade is fully complete. To support the housing market, the governnt will inevitably introduce relevant asures.
The most likely actions are lowering reserve requirents and interest rates, reducing down paynt ratios, and lifting purchasing restrictions...
"If the down paynt ratio drops significantly, it might help us win back the market."
The once pessimistic Geng Zhida suddenly regained his confidence.
Nothing is more important than substantial benefits.
Why are there more and more cars on the road? Because down paynt ratios are falling, and cars are getting cheaper.
Of course.
Lowering the down paynt does not an decreasing the house price; the saved down paynt simply becos a loan, and all will have to be repaid eventually, but who bothers to think that far ahead.
For the sa house, one option requires an upfront paynt of 600,000, while the other only needs 300,000, which would you choose?
The answer should be clear.
"With each additional house delivered, Hengsheng’s reputation will gradually turn around. When the timing is right, launching the next generation of housing might give us a chance to make a coback. Don’t worry about no one buying. With an extrely low down paynt, I believe our colleagues wouldn’t mind spending so money to try it. They would not doubt us the way others might."
Jiang Chen spoke unhurriedly, "So what you need to ensure is the design and quality of the next generation of housing. This is your specialty; you won’t let down, will you?"
"Rest assured, Mr. Jiang, as long as you trust , I will do my best to develop this new project into a landmark of new housing in Shen Zhou."
Jiang Chen nodded.
Both entered the elevator.
Almost instinctively, Jiang Chen looked at the high-floor buttons in the elevator, and then, in a mysterious mont, asked, "Is the dance troupe still there?"
Geng Zhida was caught off guard.
The last ti Boss Jiang visited, Geng Zhida took him to experience Hengsheng Headquarters’ greatest feature. Instead of encountering the much-anticipated beauties, they bumped into a ghost up there.
"It’s still there. Would Mr. Jiang like to go up?"
The dance troupe indeed was still there.
Not everything is dross and needs to be cut off.
Which large corporation doesn’t have its own special public relations departnt?
"Just asking."
Jiang Chen’s expression remained unchanged, indicating no interest.
The elevator ascended.
The phone rang.
Jiang Chen took out his phone and answered the call.
"Mr. Jiang."
It was Pan Yang.
He was once an ordinary worker, but because of a fortunate matchmaking with Tong Dan, his fate changed.
"What’s up."
Jiang Chen knew he wouldn’t call easily unless it was sothing important.
Pan Yang seed to have difficulty speaking, remaining silent for a while.
Though back when first eting in Japan, he was reserved and introverted. After so long, had he still not toughened up?
"Speak up, international roaming is expensive."
Jiang Chen said casually.
Geng Zhida, who was in the sa elevator, gazed at the elevator doors, pretending to hear nothing.
"Mr. Jiang, Chairman Fujihara and Prince Wataru Tetsuya have gotten engaged."
Pan Yang finally spoke up, concise and clear.
Engaged?
Who with whom?!
Jiang Chen’s eyes flickered, his face showed no emotion, nor did his tone waver.
"When did this happen?"
"The news was announced yesterday."
Pan Yang was certainly unaware of the relationship between Chairman Fujihara and Boss Jiang, but he understood the role of Chairman Fujihara.
Having sided with Shen Zhou and taken the top spot in the Joint Developnt Committee, now engaged to the Japanese Imperial Family, how could it not raise concerns.
"I see."
Jiang Chen remained calm, "Then, congratulations to them."
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