,

8 billion, if You Yingqing is purified, you don’t have to worry about so much. The key problem is that central enterprises only acquire assets and do not assume debts!

Therefore, the prerequisite for performing a transaction is that the central enterprise first gives a part of the advance payment, and You Yingqing immediately pays off the bank loan and other book liabilities after receiving the money, so that the property rights can be delivered. After the property rights are changed, the central enterprise will pay the final payment.

How much debt does You Yingqing have?

Bank loans, interbank lending and leverage, and private equity funds combined have exceeded 9 billion!

On the other hand, if the bet is successful, central enterprises must spend 13 billion to acquire it, and You Yingqing will lose 3 billion in debt, which is a super rich man in China.

The madness and intensity of the bet are here, either going to heaven or going to hell.

Obviously, You Yingqing is going to hell.

what to do?

what to do?

how……

You Yingqing's head was so flexible. Just as Dou Kang, Cheng Jinfang and others were in a hurry to discuss countermeasures, they quickly returned to the provincial capital. They only did one thing: mortgage!

Mortgage crazy!

He took the mortgage procedures for commercial communities such as Oriental Greenland to the provincial capital financial company, and the small loan company did the remortgage. The principle of remortgage is that the mortgage rate of the bank for real estate development is 70%, that is, the bank loan is 700,000 yuan for commercial housing under construction with a market valuation of 1 million yuan; the mortgage is guaranteed by the remaining 30%, and You Yingqing can also obtain 20% of the cash, making the mortgage rate reach 90%.

Generally speaking, under the current situation of comprehensive regulation of housing prices, it is unlikely that there will be more than 10% fluctuations, which is why financial companies and micro-loan companies dare to re-mortgage.

But You Yingqing didn't even think about paying back the money after getting it.

After 8 commercial communities including Oriental Greenland were mortgaged in one go, and two shopping malls successfully obtained huge cash payments. You Yingqing took his wife and children to leave Shuangjiang overnight and traveled to Bihai to take an international flight. From then on, there was no news again!

His feet slipped quickly, leaving behind a mess!

Let’s not talk about real estate projects invested from the provincial capital to various places, let’s talk about Oriental Greenland. When I first heard the news of You Yingqing’s escape, central enterprises, financial companies, small loan companies, and banks all dispatched them, all rushing to freeze their book funds and clear their assets.

After investigation, something happened!

On the day the opening of Oriental Greenland was not sold, but the account showed that 19 houses were already famous and had their owners. Although the names were very strange, there were no absolute secrets in the information society. It was soon found that they belonged to the following city leaders:

Miao Zhangrong, 3 sets;

Lin Feng, 2 sets;

Wei Changcheng, 1 set;

Pray to Yunong, 1 set;

Shenghua Army, 1 set;

In addition, the 11 sets were secretly subscribed by leaders such as the Municipal Taxation Bureau, Municipal Land and Resources Bureau, Municipal Housing Management Bureau, and Municipal Administrative Approval Center.

How can I subscribe before the opening? Have I completed the necessary procedures? What price is calculated? Are there any tricks and any transfers of interests? A series of question marks followed.

Central enterprises, financial companies, etc. threaten to sue the Provincial Commission for Discipline Inspection and make the Internet go online, causing the leaders to be ruined!

Miao Zhangrong and other city leaders were panicked and hurriedly held an emergency meeting to discuss countermeasures.

Fang Sheng has to come forward to clean up this mess, and he is also good at cleaning up this mess.

Fang Sheng knew that complaints were not the purpose of these companies, but also money. After coordination among multiple parties, it was finally reached for a settlement agreement:

Haven’t the leaders subscribed? Then they cannot regret it. They must pay the house payment based on the subscribed suite area within three days. In exchange, the creditors agreed to keep it confidential.

On the surface, the leaders did not suffer any losses. They bought a house at the opening price of Oriental Greenland on September 17. Although the price is higher, it is a Feng Shui treasure land for officials to be promoted!

The problem is that Oriental Greenland has been mortgaged by You Yingqing. If the sales and recovery funds for the first phase of the house cannot be completed in time, not only will the second phase of the project be suspended due to insufficient funds and the loan cannot be returned as scheduled, banks, financial companies, and micro-loan companies will have to recover the property.

Oriental Greenland’s general land certificate and other places have been frozen. The owners cannot apply for a real estate certificate. At that time, they may have the right to live and lose the property rights of the house!

What's even more terrible is that if the second phase of the project cannot be completed and the overall planning and effect of the Oriental Greenland community cannot be reflected, who will buy a house? You can't live in a construction site with dark Gulandong and no water or electricity, right?

Miao Zhangrong is so cowardly that he wants to kill him!

He didn't want to pay for the three houses in Oriental Greenland. He told You Yingqing that he would borrow them, which was equivalent to getting three pre-sale houses. When the house price rose to a certain level, he would sell them in the name of Miao Zhangrong and earn the difference without paying a penny. This is called the standard way to make a fortune by making money.

Now that the wolf didn't fight, he trapped himself in.

From last year to this year, in addition to the 4 houses covered by the provincial capital, Miao Zhangrong invested almost all of his savings to Yinxia real estate: 4 units in Kecha Lane, 5 units in Shenxianchi, and 7 units in other areas were sold through the second-hand housing market.

What’s so heartily is that the average purchase price is around 7,500 yuan per square meter, and the current first-hand housing market in Yinxia does not exceed 6,000, so the second-hand housing market can be imagined.

Moreover, nearly 3,000 houses were sold in three days, and the market was already saturated. Who cares about second-hand houses?

The money is not available, and Dongfang Greenland has to pay money as if it is urging death. These days are simply the most difficult and painful time Miao Zhangrong has ever had.

Finally, I was shameless and paid the house payment with all my money. A few days later, bad news came: You Yingqing's real estate group has confirmed that it is insolvent, and all projects under construction, including Oriental Greenland, have been enforced!

A mouthful of old blood spurted out more than a meter away, and Miao Zhangrong was admitted to the hospital's intensive care unit.

The local faction led by Dou Kang, Gao Gengyue, two major developers, also lived a life of age.

The second phase of the property has been hit by nearly 3,000 low-priced commercial housing units, and the project funds have not been recovered. From contractors to contractors and material manufacturers, the third phase of the project has been in a difficult situation.

Just like the dilemma of Oriental Greenland, the second phase cannot be sold, but the third phase must be launched, otherwise no one will want the half-finished community.

But where to find money?

The lessons of Oriental Greenland have made banks and other financial institutions more vigilant, and they are even more pessimistic about the prospects of Yinxia's real estate market, and loans are basically out of reach.

Private funds have been consumed by 3,000 commercial housing units, so where can I still have spare money? Besides, it is impossible to invest in real estate with spare money.

For a time, the local faction and Cheng Jinfang were crazy, borrowing money outside all day long to solicit funds, begging grandpa and grandma to sue.

In just one month, the lively Miao Zhangrong was sent to the hospital; Dou Kang, Muda, Wei Shenghong, Cheng Jinfang and others were ten years older; Lin Feng, Wei Changcheng, Geng Datong and others were also seriously injured and had no energy to do anything.

Considering that Miao Zhangrong's condition is serious and has recurring, the provincial party committee made it clear that Fang Sheng will temporarily preside over the Standing Committee of the Municipal Party Committee.

At this time, even if the provincial party committee is not clear, the Yinxia Municipal Party Committee and Municipal Government have spontaneously formed a leadership mechanism centered on Fang Sheng:

The local faction led by Dou Kang and Cheng Jinfang have been defeated by Fang Sheng’s 3,000 commercial housing units. Not to mention the distant future, just the layout that started two years ago, how much patience, how long-term planning and how deep thoughts are needed!

The key is that this is just Fang Sheng's backup plan, and it is still possible to use it. Based on this, Dou Kang, Cheng Jinfang and others have no doubt that Fang Sheng has more dangerous tricks.

This battle revealed Miao Zhangrong's true colors, and Lin Feng, Wei Changcheng and other centrists were in great pain, and completely drove the three major developers into the abyss!

In the short term, both gangs have to rely on Fang Sheng's mercy and let the bank relax and release the loan tray to save the construction of the third phase of the project that is about to be suspended.

In the long run, 17 communities that participated in the placement of 3,000 commercial housing units still have a considerable amount of inventory. After selling at a low price, they can attract enough funds, and the construction site is working very enthusiastically. If housing prices improve slightly in the first half of next year, Fang Sheng will direct them to do this. As Cheng Jinfang said, I am afraid they will jump off the building collectively.

Another person who was sad was Bai Jingfa. He finally got rid of the trap in Wanzhou Small Commodity City and fell into the even more difficult whirlpool of commercial housing investment. Now he can't make a comeback for at least five years!

He once again presided over the Standing Committee of the Municipal Party Committee again - the last time it was Wu Yuming who was ruined by Zhang Rong's suicide and hid in Kyoto in the name of recuperation. Fang Sheng's momentum was very different.

Although Fang Sheng still left the position of the municipal party secretary empty like last time and sat carefully in his original position to preside over the meeting, his expression and tone were completely like the style of the municipal party secretary, even more than that!

The provincial party committee made it clear that Fang Sheng presided over the work on his behalf at the Municipal Party Committee Standing Committee on the second day, according to Fang Chaoyang's suggestion of "stability and practicality", the Standing Committee unanimously agreed to temporarily suspend the construction of the scenic spot management committee.

According to Fang Chaoyang's suggestion, a series of personnel appointment and removal decisions were passed, among which Yu Dongjun was demoted due to a poisonous soil incident, and was demoted to the deputy director of the Municipal Housing Provident Fund Management Center.

Qi Yao was appointed as the executive deputy director of the State-owned Assets Supervision and Administration Commission.

The Standing Committee conducted a profound reflection on the previous resolutions and realized that the decision was too hasty and the conclusion was too hasty, so it took measures to temporarily suspend or revoke:

After preliminary practices, relevant departments have reported that the designated acquisition of agricultural and sideline products is unrealistic in operation and increases the burden on sellers in disguise. They have decided to cancel the decision on the designated acquisition of agricultural and sideline products and restore the market-oriented operation model that has been formed.

After careful investigation, the relevant departments believed that although Yinzhou Power Plant held a cooperation management contract, it actually failed to fulfill its management responsibilities for the reservoir, resulting in serious illegal buildings around the reservoir, messy stalls and harsh environment, and there is no reason to participate in the Yinpingshan Scenic Area ticket sharing.

The Standing Committee of the Municipal Party Committee unanimously agreed to promote the rejuvenation of Yinxia cadres and strengthen the mobility and exchange of cadres. Recently, 100 positions at the municipal and county party committees and county government levels and above were taken out to recruit publicly from the province, with the intention of forming a healthy and vibrant competition mechanism.

The Standing Committee of the Municipal Party Committee also agreed to strengthen the exchange of positions of leading cadres. Anyone who has been in office for more than five years will be forced to change positions, break the deadly situation of cadre appointments and stimulate new atmosphere through new people and new ideas.

During the rounds of voting for topics, there were few fierce and lengthy debates in the past. Dou Kang, Cheng Jinfang and others completely stopped the news, Wei Changcheng and Lin Feng were also listless, and Mao Shaofeng held the teacup and said a few words occasionally, of course, in line with Fang Sheng's opinion.

"What a harmonious Standing Committee. Why would they beat them so hard to death?" Fang Chaoyang ran to Fang Sheng's office and smiled happily after the meeting.

Fang Sheng also laughed: "Similar scenes only happened after Jiang Yefei made an appointment to go home to retire. Unfortunately, I went to Shunba later. The good times didn't last long."
Chapter completed!