Worry about tight capital turnover has always been the main reason why Guan Yuntian is unwilling to quickly advance two new projects. Now that the preliminary preparations for the pharmaceutical project are in place, it would be unjustifiable if he does not move forward. As for the funds, after evaluation, the financial director Lao Ding

It is believed that the group company can set aside two to three billion as advance payment for equipment for new projects.

Despite this, Guan Yuntian still dare not take the financial issue lightly.

According to Guan Yuntian's way of doing things, he never acted rashly before being fully prepared. The source of funds for the two new projects was originally guaranteed. When he made the decision to withdraw from the real estate industry, he planned to withdraw from the real estate industry.

Resources are invested in new projects. Guan Yuntian's plan is to withdraw funds from real estate sales while promoting the construction of new projects. Changda Real Estate Company's inventory in the real estate market is worth tens of billions. If all the housing inventory is liquidated, it will support two

More than enough for new projects.

However, judging from the current situation, there are no signs of recovery in the real estate market. In order to smoothly construct the pharmaceutical project, Guan Yuntian has to turn his attention to financial institutions.

Changda Group is a gold medal customer of many financial institutions. Guan Yuntian has been friends with Workers and Peasants Jiangzhong and the leaders of two or three local financial institutions for many years. However, since Changda Group's own funds can maintain the normal operation of the company, more and more

With too many things going on and a busy work schedule, Guan Yuntian rarely meets with friends from these financial institutions. He only wishes them happy New Year and treats them to a meal at the end of the year.

Among all the friends in financial institutions, those who have the best relationship with Guan Yuntian are President Liu of the Agricultural Bank of China and President Zhao of the local Rural Commercial Bank. President Liu and Guan Yuntian have similar personalities and are not much different in age. The two of them are relatively easy to talk to. Changda

The group is also an old customer of Agricultural Bank of China.

President Zhao was very familiar with Guan Yuntian when he was the director of the urban credit union. Later he became the deputy president of the county bank, and until he finally succeeded the old president as the president of the county bank, the two never lost contact.

We have friends far and wide, and if we have any inner thoughts, we are always willing to communicate with those with whom we have the best relationship. This is human nature.

Relying on the golden name of Changda Group and the personal relationship between Guan Yuntian and President Zhao, at the Rural Commercial Bank, Guan Yuntian only needs to make a phone call with a capital of one or two billion, without having to show up in person. According to the normal loan procedures, Lao Zhao can

can solve the problem.

But when it came to President Liu of the Agricultural Bank of China, Guan Yuntian had to go there in person.

At around nine o'clock in the morning, Guan Yuntian came to the Agricultural Bank of China building and saw that the door of President Liu's office was half open. He reached out and knocked on the door a few times. When he heard no reply, he simply pushed the door open and entered. Seeing that Mr. Liu was not in the office, he brought Mr. Liu to the door.

Two kilograms of good tea leaves were placed on the desk.

Guan Yuntian sat down on the single sofa and waited for a few minutes. Old Liu came in from the outside. He was quite surprised, "Hey, why are you here? You are a rare visitor!"

"Since when did you treat me as a guest? What you said is strange!" Guan Yuntian said.

"I mean, why didn't you make a call before coming? Fortunately, I didn't go out, otherwise you would have made the trip in vain."

"It's not that far, so it doesn't matter if it's a waste of time."

Old Liu knew that Guan Yuntian didn't drink tea, so he took a cup of boiled water from the water dispenser and put it on the coffee table in front of Guan Yuntian, "You are such a busy man, why are you free today?"

"I was passing by you, and I remembered that I haven't seen you for a long time, so I stopped by to take a look. I was afraid that you were on a business trip," Guan Yuntian said.

"Now that the real estate industry is in a period of policy control, how is the market in the provincial capital?" Lao Liu asked with concern.

"It's the same across the country, how can the markets in provincial cities be any better?"

"Yes! Fortunately, Changda Group also has high-end manufacturing industry that holds up half of the sky.

, otherwise the company will face difficulties."

"Isn't it? This fully proves that Changda Group was right to upgrade its industry and keep the main part in the manufacturing industry! If all of them were transferred to the real estate industry, it would be troublesome! By the way, I want to tell you one more thing

, we plan to withdraw from the real estate development industry." Guan Yuntian said.

"Withdrawing from the real estate development industry? Is it because the current market is weak?" Lao Liu looked surprised.

"It's not that the market was weak, but it had something to do with the decision."

"I don't think this should be the reason. After all, the market will still rise after the regulatory policies are passed, so why do you want to withdraw?" Lao Liu didn't understand.

"It's because we made another choice after analyzing the prospects of this industry and weighing many aspects." Guan Yuntian said.

"I believe your choice makes sense. However, after withdrawing from the real estate development industry, what will happen to those resources? Will they all return to the current high-end manufacturing industry?"

"No, there is no shortage of resources for high-end manufacturing now. We are ready to invest the resources withdrawn from the real estate development industry into new industries."

"Your decisions are always both rational and unexpected. This is the biggest difference between other entrepreneurs and you. In what industry do you plan to invest those resources?" Manager Liu admires Guan Yuntian's decision-making ability very much.

"Next step, we plan to do two new businesses. On the one hand, we will make the pharmaceutical business bigger and stronger. On the other hand, we plan to invest in the elderly care business."

"No wonder we have to withdraw from the real estate development industry. It turns out that new businesses have been planned."

“Not only is it planned, our new pharmaceutical project has already started to be implemented!”

"Your decision-making and execution capabilities are something other companies don't have. I understand the need to expand the compulsory medicine business, but to be honest, I think it is worth debating investing in the elderly care business." As an old friend, Mr. Liu said bluntly.

"The elderly care industry is a people's livelihood industry. As society ages, its market demand is constantly expanding. Currently, major and medium-sized cities generally lack elderly care institutions. Through research, we believe that this industry has great potential!" said Guan Yuntian.

"I believe everything you said, but as a corporate behavior and an investment, I am more concerned about whether this investment can be profitable? How to make a profit?"

Guan Yuntian nodded, "Yes, all friends and even leaders who know about this matter are concerned about whether the elderly care industry can be profitable, because everyone knows that if it cannot be profitable, not only will the enterprise lose money, but it will also cause negative consequences in society.

Impact. But I want to tell you with absolute certainty that this business can be profitable!”

"I think it's even harder for a nursing home to make a profit than a kindergarten! Think about it, you're dealing with a bunch of old people who are budget-conscious and used to living a tight life. It's not easy to squeeze a penny out of them. If you want to make a profit,

It’s not that simple.” Governor Liu’s view is the same as that of most people.

"Your thinking is still in the stage of traditional nursing homes. If you want to treat elderly care as a business, you must innovate your thinking, methods, and management. Traditional thinking cannot do this at all." Guan Yuntian said.

.

"If you want to say that everything is based on innovation, then I believe you can handle this matter. But you can't significantly increase the charging price for the sake of profit!"

"Significantly raising the charging standard is tantamount to cutting off the source of income, and it must not be used! Our future charging prices must be based on the average salary of local retired employees, and we will never set prices blindly."

"Well, from this alone, we can see that your thinking is indeed unique."

"The elderly care business is something we will consider later. Let's get back to the subject. I'm here to come to you today. I need your help with something." Guan Yuntian changed the subject.

"Oh, what's the matter?"

"Changda Group's new pharmaceutical project is about to start. Except for the equipment deposit, other payments have not yet been settled. We plan to raise funds from banks," Guan Yuntian said.

"Changda Group's financing is what we dream of. There is no problem with one billion or eighty billion. The key is that this is not like your style of doing things! From the time I got to know you, you have always been prepared for a rainy day, fully prepared, and never

Act in a hurry." Mr. Liu said.

"This situation is a bit special. Changda Real Estate Company has a large amount of housing inventory in the provincial capital. We originally planned to withdraw from the real estate industry while using the funds withdrawn from the real estate market to build new projects. The funds should have been very loose. However, as you know

As in the case, the real estate industry is now in the regulatory stage and the market is very weak. If we want to expand sales and collect funds, we must adopt a sales strategy at reduced prices, which will cause great losses to Changda Real Estate Company. Therefore, we plan to obtain financing from banks first.

, to solve the urgent need.”

"Oh, what if according to your prior assumptions, you didn't plan to raise funds through banks at all? You came to me today as a last resort."

"You can understand it this way. After all, Changda Real Estate Company's inventory in the provincial capital is as high as tens of billions. If it withdraws from the real estate industry and liquidates all its inventory, there will be no shortage of funds even if the new drug project and the elderly care project start at the same time.

." Guan Yuntiandao.

"Then I believe. How much funds do you need now? When will you need it?"

"The total investment in new pharmaceutical projects is less than one billion. The group company can spare two to three billion, which is still more than 700 million short. We plan to raise 500 million from the Agricultural Bank of China, and another two to three billion from Lao Zhao and others." Guan Yuntian said.

"No problem. Whenever you need it, let the finance department submit the loan application and procedures in advance. Changda Group is a gold medal customer. The loan review is very simple and the funds can be used at any time."

"But I need to state in advance that if the real estate market picks up and Changda Real Estate Company speeds up its withdrawal of funds, it may not need bank financing."

...

Following the pace of time, another spring season is ushering in. As everything recovers and the spring breeze turns into rain, this round of real estate control policies will also come to an end. Through data analysis, sales director Shen Yuehong believes that real estate sales are about to heat up.

Sure enough, by mid-April, the data at the marketing center of Changda Real Estate Company was rising every day. Shen Yuehong secretly lamented that it was fortunate that he did not choose the price reduction sales strategy in the autumn and winter last year, otherwise, how much loss would be caused to the company!

After receiving the feedback, Guan Yuntian was naturally very happy, "Continue to observe and please tell me the daily sales situation."

On the eve of May Day, sales data had basically returned to the state before the regulation. Faced with this situation, Guan Yuntian called the financial director Lao Ding and asked him to stop using bank loans.

"Less than one-third of the loan has been used, and the term is only more than two months. Is it okay to stop using it now and repay it in advance?" Lao Ding was afraid that the bank would not be willing.

"There's nothing wrong with it. I made a statement to the bank before the loan. They knew that the loan might be terminated at any time. Now Changda Real Estate Company is withdrawing funds very quickly, which is enough to meet the funding needs of new projects. There is no need to use the bank anymore."

Got a loan," Guan Yuntian said.

"Okay, I asked them to stop using it immediately, but for the part that has been used, should they repay it immediately, or should they wait for a while?"
Chapter completed!