Volume 4: The World of Great Conflict Chapter 0543: Wanderfu Enters Beijing
Yang Kaiyan checked in at the front desk, said a few words to the "grassroots" next to her, and then walked towards the elevator shaft.
"Grassroots" walked straight towards the coffee shop, and as he walked, he looked around timidly, front, back, left, right, up and down. It was obvious that he was at a loss with the hotel's decoration and luxurious environment.
"Grassroots" walked into the cafe, looked at himself on the mirror-like floor, chuckled, and then looked around cautiously to see if anyone was paying attention to him.
After having enough fun, "Caogen" walked to a seat not far from Nan Yi and sat down. A waiter quickly walked towards him and handed him a menu.
The Great Wall Hotel is a bit bad. It does business with Chinese people, but it is unfriendly to Chinese people everywhere. For example, the menu is all in English, without a single Chinese character on it. Nan Yi has already seen the embarrassment of the "grassroots" and is dumbfounded.
However, the "grassroots" reacted quickly, closed the menu and ordered a Coke.
When the waiter brought the Coke to "Caogen", Nan Yi waved to the waiter.
"Mr. Nan, is there anything else you need?" The waiter walked over to Nan Yi and leaned over to say.
Nan Yi said with a smile on his face: "Lin, don't worry, I just saw that you were quite bored at work, so I wanted to chat with you."
As more and more people come, they become familiar with each other. Nan Yi knows that the waitress in front of him is called Cao Lin, and she is undoubtedly a girl from Beijing. The service staff of an institution like the Great Wall Hotel are generally unlikely to be from other places.
"Come on, you must have something to ask me. Just ask whatever you want to ask." Cao Lin said with a smile.
"Haha, don't look back. Let me ask you, is this the first time you've seen this guy?"
"The one who just ordered a Coke?"
"right."
Nan Yi nodded.
"No, I saw him at the entrance of the Overseas Service Center. He was transferring money."
"Hmm? You remember it after seeing it once?"
"No, I exchanged US dollars from him. If you don't keep an eye on these foreign exchange dealers, they will cut it. I memorized his face so that I can settle the bill with him if I get cut."
"Exchange US dollars, do you want to go abroad?"
"Isn't this nonsense? Who doesn't want to go out nowadays? Come on, I won't argue with you. It will be troublesome if the supervisor sees us." Cao Lin said, and pretended to leave.
"Okay, go ahead and do your thing. I'll treat you to a meal next time."
"Okay, I'll have next Sunday off."
Cao Lin bent his waist, with a professional smile on his face, but spoke in a straightforward manner.
What acting skills, wow!
"Not here. It's too expensive."
Cao Lin didn't reply, but just gave Nan Yi a look and let him figure it out for himself.
Nan Yi sat in his seat for a while, and with the new clue of "reverse exchange", he observed the "grassroots" again, then stood up and walked to Cao Lin and signed the bill.
A few days passed uneventfully, and on August 19, Sunday, Nan Yi went to the Overseas Chinese Hotel.
The Wonderful inspection team led by President Cooper Galans has been in Beijing for some time. Nan Yi has not met with them because he does not want to interfere with the inspection team and wants them to conduct the inspection from a more objective perspective.
When they arrived at the hotel, Nan Yi went directly to Cooper's room.
As soon as Nan Yi and Cooper met, they didn't say anything. They first signed a franchise contract, or it could be said to be an authorization contract - the Wonderful Group authorized the Genzhengmiaohongxiangkeng Company to open a Wonderful franchise store in the Beijing area.
After signing the contract, the two began to talk.
"Boss, after our investigation, we found a lot of problems. First of all, the salt sold in the Chinese market is too coarse, and it will cause uneven coarseness when mixed with seasoning powder. In addition, except for chicken, potatoes, and flour, the supply of other ingredients is not stable, and the restaurant's menu needs to be cut.
Perhaps we can ask Scarlett Food Group to help us extend their supply system to China."
"Don't even think about it. COFCO will never agree to it. It is possible to open up a special import channel, but this will increase the cost of the restaurant. Besides, Scarlett Grain Group may not be willing to cooperate. After a comprehensive assessment, the Beijing branch will formulate a menu of its own."
In the Nan family's system, Wandefu has almost become a stepmother.
Pan American Holdings has invested in KFC and McDonald's. Although the shares are small, it has received stable dividends every year. Compared with Wonderfood, an investment target that has not yet seen a return on investment, it is obvious that Kentucky and McDonald's are more popular.
Then, KFC and McDonald's are major customers of Scarlett Grain Group [abbreviation: Scarlett Grain]. Any one of them has a larger business volume than Wonderfood. Within Scarlett Grain, their customer level is higher than Wonderfood.
Suppose the Ken and Mai families and Wonderful were in crisis at the same time, and Si Liang was asked who he would save first, he would choose to save the former without hesitation and abandon Wonderful directly.
If Nan Yi did not intervene forcefully, the executives of Siliang would definitely do so. After all, their income depends only on Siliang's profits, not Nan's total revenue.
So what if it's the same boss behind the scenes? It's like when the mayor of Shanghai sacrifices Shanghai's interests and brings benefits to Beijing when making decisions. Ask the citizens of Shanghai whether they agree or not?
The whole "Nan" is a chess game, which is something that Nan Yi and the Information and Strategy Committee should consider. The president of Siliang just needs to manage his own piece of land.
Cooper nodded. "That's what I thought too. Besides, when I was in New York, I had already contacted the Beijing delegation. According to the Beijing Municipal Committee's opinion, in principle, Wonderful cannot hold shares in the Beijing branch. They can only charge a very low licensing fee. However, they will help Wonderful buy the branch's property."
"Special approval?"
Nan Yi has always wanted to buy the houses in Jiuzhangji. He approached the third-line factory to negotiate, and the other party was willing to sell, but was stuck on the procedures.
If you get to the bottom of it, Jiuzhangji's house is a state asset, and current policy does not allow it to be bought or sold.
No matter where a Wonderful branch is opened, 100% of the "commercial" properties are owned by state-owned units. Unless you are a sucker and pay an exorbitant price, don't even think about buying it through formal and conventional channels.
"Yes, we signed a special 50-year lease contract. Boss, you see, we chose this place." Cooper took out a map of Beijing, pointed to the location of Qianmen Street and said, "No. 1 Zhengyang Market, a three-story building with a total area of 1,460 square meters. The first and second floors are used for business, and the third floor can be used for office.
The current rent for this property is 600 RMB a day, so Wonderful only needs to pay 7 million RMB in ‘rent’ for a 50-year lease.”
"41 cents per square meter, this price is really not cheap. Thirty years later, it will only cost two or three yuan."
Nan Yi calculated in his mind and compared it with the rent of office buildings. This rent was not cheap. But there was nothing he could do. As a foreign investor, he did not have much room for bargaining . He could only choose to accept or not.
After considering it for a while, Nan Yi said, "This contract can be signed, but a supplementary agreement is required. When China's policy allows the sale of this property, Wonderful has the right to pay another three million and transfer the property to the Wonderful Group."
Buying a house for nearly 7,000 yuan per square meter is really a sky-high price.
The combined construction area of Asia and Qinghe International is over 370,000 square meters, and the construction cost budget is less than 70 million yuan, which is equivalent to a construction cost of about 187 yuan per square meter. This is already a super high budget.
If you just build the house horizontally and vertically without any "design" elements, you can still save most of the budget.
Wudaokou, with an investment of less than 100 million, can generate at least 50 billion in wealth in the future. It is half the size of Haidian District, and there is also a lot of money to be made there. Tota Construction can just use this place to enter the real estate industry with a trillion-dollar valuation.
Asia and Qinghe International were still just a few lines of words on paper, and no architectural drawings had been produced, but Nan Yi had already sold it to Tota Construction in his mind, and Tota Construction had even built a high-end residential area on 150 acres of land.
The 10 million yuan investment by Wonderful will increase to hundreds of millions in the future at most, and there are also huge risks. The current incumbent does not care about the affairs of the predecessor, and it is hard to say whether the supplementary agreement signed now will be recognized in a few years.
Even if he admits it, it is still a mystery whether the three million can be settled.
But even so, this risk has to be taken. It must be taken. This is the first shot of the Wonderful Group in China, which involves a series of future layouts, so it has to be fired with gritted teeth.
After years of planning, from Times Square to Causeway Bay to Qianmen Street, it has gone through such a big circle. Isn't the original intention to invest in commercial real estate in the Mainland?
"OK, I will negotiate with the Beijing Municipal Committee again." Cooper nodded.
“Has the joint venture partner been determined?”
"It has been confirmed that the Animal Husbandry Bureau's Animal Husbandry Industry and Commerce Bureau is the controlling shareholder. However, they are not optimistic about the Wonderful branch and may not invest money. They have a set of fried chicken equipment imported from outside, and they will use the equipment at a discount to buy shares. In addition, they will also introduce the Beijing Tourism Company and borrow part of the money from the bank."
As long as it is related to "hairy", animal husbandry and industry basically deal in it, including vaccines, feed, breeding stock, meat import and export, etc. Wonderful needs to consume a large amount of chicken and beef, so this business must be connected with animal husbandry and industry, and animal husbandry and industry being the controlling party can also be regarded as a project counterpart.
However, it should be that the domestic government and enterprises look down on the Wandefu branch project, otherwise it would not be the turn of Mugongshang to take controlling stake. Normally, it would most likely be COFCO that would come forward.
Nan Yi tapped his fingers on the table, thinking: "For a project led by the Beijing Municipal Committee and controlled by the Animal Husbandry and Industry Bureau, the chairman of Beijing Wandefu Co., Ltd. will most likely be transferred from the Beijing Animal Husbandry Bureau.
Except for a few large breeding cities, the Animal Husbandry Bureaus in other regions are all empty offices. If there is an opportunity to be transferred out, many people should be interested. It is unlikely that the director will be transferred, so a deputy director with a lower ranking will probably be transferred over.
The Beijing Tourism Company's investment was probably due to tourism support considerations. It would be a good thing for them to have an affordable restaurant that can solve the dining problem for foreign tourists.
In addition, people in the tourism system have more contact with foreigners and may also be optimistic about the prospects of foreign fast food.
The rent is 600 yuan a day, which is 2.19 million yuan for ten years. According to the previous agreement, the rent must be paid in one lump sum for ten years. So this project can be carried out with about 2.4 million yuan, and there should not be much share left for Genzhengmiaohong.
loan……
Anyway, he needed a loan, so he just said something and pointed out that "my wife" was at the headquarters of the Universe Bank. He believed that he could go directly to the Universe Bank for the loan and let Liu Zhen participate in the loan negotiations and finalize a loan-to-equity clause, which would bring good returns to the Universe Bank and Liu Zhen would also be able to make a contribution.
The possibility of a difficult loan negotiation is almost zero. Not to mention a sudden loan, it is impossible for the Universal Bank to refuse to lend money to the units that come forward to apply for loans. Animal Husbandry, Industry and Tourism Company are all very profitable units, so there is no need to worry about repayment. "
In theory, the Beijing branch of Wonderful has to pay a franchise fee to the headquarters, but in fact it does not have to pay any money. Instead, the Wonderful headquarters will allocate a sum of money for advertising expenses.
Wonderful headquarter spent 7 million to sign a 50-year lease contract, and then Wonderful Beijing branch paid the headquarter 2.16 million in rent and franchise fee, and then Wonderful headquarter and Pepsi-Cola allocated advertising fees to Wonderful Beijing branch.
Why did Pepsi come out?
Who made Pepsi win when it competed with Coca-Cola for Wonderful's beverage supplier? Who made Pepsi become one of Wonderful's shareholders with the attractive "cash plus stock swap" plan?
Although Nan Yi has always been optimistic about the prospects of Wonderful, it does not mean that he will always control all the shares of Wonderful in his own hands and not absorb external shareholders.
Which is better, getting 10,000 now or 50,000 in the next ten years? It is not a simple matter of numbers. It requires comprehensive analysis of multiple factors. It is possible that 10,000 is greater than 50,000, or it is also possible that 10,000 is less than 50,000.
To use an extreme example: A wants to buy B's house worth 1 million. A pays B 1 million when the money and goods are settled. Ten years later, A will pay B 5 million. After a billion years, A will pay B 500 trillion .
If B wants to make a choice, he must first consider his short-term consumption needs, and then consider the Big Bang, inflation, economic crisis, war, and wandering around the world...
After thinking through the intricacies of the matter, Nan Yi discussed it with Cooper for a while. After talking through all the issues, Nan Yi left the Overseas Chinese Hotel. After returning to the old house, he talked with Liu Zhen for a while, and the matter of the Wonderful Beijing branch was basically decided.
Monday, August 20th.
Chu Fan called Nan Yi and informed him that the projects of Asia and Qinghe International had been discussed and approved in the district, and would be submitted to the higher authorities today. Once they got the nod of approval, they could move forward.
After receiving this news, Nan Yi knew that this matter was about to be accomplished.
A meeting in the district to discuss the issue does not mean that the matter is limited to the district government. If the higher-ups are not informed and the project is not supported by certain leaders, it will never be passed in the district.
Nan Yi thought about it and concluded that the projects of Asia and Qinghe International would most likely be officially approved in mid-to-late September, and then a launching ceremony would be held as a tribute to the 35th anniversary of the National Day.
"Edwin, the Haidian District has passed it. Next, we should implement the second step of the plan." Nan Yi turned around and said to Edwin.
"Nan, how do we divide the work?" Edwin asked.
"I think it would be more appropriate for you to take Shi Xun to be in charge of the Construction Bank, while I will be in charge of the National Bank. We will first use the US dollars of the Universal Bank as collateral and borrow some start-up capital from the Universal Bank.
Then we signed a share mortgage agreement with the Haidian District Government, asking them to guarantee us to borrow construction funds from the bank. If we are unable to repay the loan on time, our shares and debts will be transferred to the Haidian District Government. "
There is an essential difference in nature between the loans from Genzhengmiaohong and the loans from Wandefu’s Beijing branch.
One is public to public, there are relevant policies at the national level, and the customers who come forward to take out loans are high-quality customers. Nan Yi let Liu Zhen participate to do good to the Universe Bank. To put it another way, Liu Zhen used his personal relationships to seek benefits for the public, and no one could find fault with it.
But it is different for a loan to a Genzhengmiaohong. It is a public-private relationship. As long as the husband-and-wife relationship between Nan Yi and Liu Zhen objectively exists, whether it is right or wrong, a loan to a Genzhengmiaohong can be obtained from any bank except the Universe Bank.
As for the US dollar mortgage loan, that's a separate matter. If someone deposits 1 billion in the bank, and then uses the deposit as collateral to borrow 700 million from the bank, in five minutes, just five minutes, the bank can complete the loan procedures, and then greet you warmly: "Dear, muah, from now on, shall I call you daddy, or Lord Buddha?"
