Tao Liangchen

Chapter 435 Yan Wenzi Group and the Mall

Land reclamation was completed as early as last year.

More than a thousand acres of coastal tidal flats are now flat and orderly.

The design drawings were laid out, and the roads were reserved first. Considering that many types of machinery will be used later, which will inevitably cause damage to the roads, stone roads are currently being used as a temporary measure. It hasn't rained recently, and the construction site looks lively to outsiders.

But in Su Yehao's eyes, every minute and every second is burning his own money. Such a super-large cultural tourism city located in the future downtown area, where house prices will skyrocket in a few years, is definitely a wonderful romance for Su Yehao, who used to be a small supervisor.

Standing on the deck of a yacht worth nearly 200 million Hong Kong dollars, he inspected his own project site.

I have to say, this feeling is far more enjoyable than starting a business, only a little worse than playing the stock market.

The father and son together have total assets of more than 20 billion Hong Kong dollars, most of the recent growth has been contributed by Su Yehao. If the iQ and tvt, which are initially taking shape, are taken public, their book value may increase by another one or two hundred billion Hong Kong dollars.

After New Year's Day, Su Yehao changed his mind.

A team has been specially established to cooperate with the professional team of Goldman Sachs Group to prepare to take them public on Nasdaq, and use the IPO to raise a sum of money for the next round of expansion plans.

With high-speed broadband technology gradually maturing, the number of global netizens will inevitably usher in a period of crazy expansion this year.

Recently, there has been a significant increase in the number of investment institutions contacting iQ and tvt. Su Yehao rejected their financing, but this does not affect the capital's attention. This also means that other competitors may appear. The technical threshold is not high, and whoever burns more money will have a better chance of standing out.

Su Yehao didn't dare to be careless. In order to develop games, social networking, etc., he plans to burn at least 400 million US dollars this year, with at least 100 million US dollars in the first quarter. However, he doesn't have enough cash on hand, and he happened to encounter a pitfall opportunity. After thinking about it, he finally made up his mind to take the company public first, releasing 30% to 35% of the shares.

In this way, the funding problem is expected to be solved, and money can be spent more unscrupulously. In addition, it can also stimulate executives and employees. The company currently has a small number of employees, and there are strict requirements on the number of shareholders for listing on Nasdaq. This means that everyone has the opportunity to get shares.

It can also take this opportunity to attract more technical experts to join.

iQ and tvt are a bit famous, and the listing should attract a wave of attention. Su Yehao has registered a parent company and is trying to reorganize and package them for a joint listing.

The name of the parent company was set by him as "e/".

With a large project of several billion dollars in investment, and a good understanding of the details, Su's father has been personally grasping the most critical parts. Before construction even started, he had already invested in cement plants, tile factories, and the like, and directly negotiated with steel mills for direct supply procurement. The Su family's original main business was these, so it would be strange if there were any loopholes for others to exploit.

Su Yehao took a casual look. The cement quality was indeed quite good, and the quality of the steel bars cut off on the ground was also high. They were heavy in his hand and belonged to standard grade-three steel bars.

This shopping mall will only be rented out and not sold in the future, and may be passed down for three or four generations. Su's father doesn't consider how to save money at all, and uses good materials for everything.

Looking at the shops that have already taken shape, the escalators and elevator positions are reserved in advance. There are two floors of underground parking lots, with a total of more than 1,000 parking spaces. Moreover, he has negotiated with the above that there will be land planning in the future. The money has been spent well, there is nothing to say.

Su's father was very satisfied, and said with a smile at this time: "The prepared retirement money will all be invested next. People have money in their hands at the end of the year, and Pengcheng's house prices have risen a bit recently. The price has begun to rise at the last land auction. I haven't opened yet, and I've already earned several hundred million."

"In Hong Kong, the confidence of developers has returned. After a few more months, adding 1 billion Hong Kong dollars to our cost basis, there may be people willing to take over the entire project."

Su Yehao scratched his nose while talking.

He has become delicate. There is a bit of dust in the air, and he feels particularly uncomfortable.

In the past, he lived on the construction site all day long and didn't feel anything at all...