"Stop whining about being poor, how could you not know how much money your company has?"
The second boss said, laughing and scolding him.
However, he still appreciated Tan Jincheng's attitude.
As the saying goes, a child only complains to their parents, revealing their vulnerable side.
Tan Jincheng didn't say "we'll consider it" or "we don't have plans to build a headquarters temporarily"; instead, he immediately pleaded poverty.
This showed that his heart was still with Beicang District.
Beicang District had given Shanchi a lot of support, but Shanchi had also given Beicang a considerable return.
In a commercial society, everyone is in a cooperative relationship.
With the increasingly strong Shanchi today, it's hard to guarantee that other local governments wouldn't offer a high price to entice it to move into their jurisdiction.
This was not an uncommon occurrence.
Closer to home, Ali from this province repeatedly jumped between Hangzhou and Shanghai.
Further away, Xinri, also from the electric vehicle industry, was lured by Xishan District from the Imperial Capital.
The Imperial Capital's situation was different.
Just talking about Xinri moving its headquarters, if it were any other city, they would be disgusted to death.
A leading enterprise in an industry grows in the region, only to leave right after completing its transformation.
"We really don't have money. Building a headquarters building would cost at least several hundred million, right? The little money we have is for building another factory, so we genuinely don't have that much cash right now."
Tan Jincheng hadn't calculated the exact costs and didn't know much about construction prices, but he remembered that the construction costs for some internet company headquarters buildings started from several hundred million yuan.
Moreover, before his rebirth, he had seen Sanzhiyang spend over 100 million yuan to buy a building as their headquarters.
Nowadays, housing and land prices were cheaper, but no matter how cheap, the budget would still have to start from 200 million yuan, right?
"Haha, it's not that much trouble. There's an opportunity now that could allow Shanchi Group to quickly own a headquarters. Do you have any ideas?"
"What opportunity?"
The second boss looked at Tan Jincheng and said with a smile,
"What do you think about the Financial Tower?"
Tan Jincheng's pupils contracted.
Holy cow! No way?
Pies don't fall from the sky:
"This can be sold too? Isn't it called the Beicang Financial Tower?"
Although this building would later become a gathering place for internet celebrities and fraudulent companies, in those days, it was genuinely high-end.
The Financial Center Tower was currently the tallest building in Beicang District, with a main building of 31 floors and a total height of 150 meters.
It also included a 30-story apartment building and a 3-story commercial center, making up three buildings in total.
Currently, a part of it had not yet been completed and delivered.
The undelivered portion was mainly the apartment building, which did not affect corporate offices.
Orange Technology's current office was rented in the Financial Center.
The newly built office environment was quite good.
Moreover, even if it became low-end more than ten years later, its location was truly excellent.
There would be an Intime nearby later, and the subway station was not far from there.
"It is called the Beicang Financial Tower, but the property rights are currently still with the developer. This was a key investment attraction project for the district before. Now the developer has encountered financial difficulties. The district was originally planning to take it over. If you are interested, we can let you take over, and you can just change the name afterwards."
In a thriving Beicang, although the developer knew the value of this building, cash was more important to them.
Selling and transferring this building to acquire more land was what the developer most wanted to do at the moment.
Currently, facing financial difficulties, they were seeking to transfer the Financial Center.
Tan Jincheng had heard about this before but hadn't considered it from this perspective.
He had thought that since it bore the name of Beicang, the district would definitely take over.
In fact, what Tan Jincheng didn't know was that while this building would likely not lose money, it actually contributed little to the future development of Beicang District, only the appreciation of land and land prices.
Beicang's positioning was ports and industries.
If land and housing prices were too high, it would inevitably hinder industrial development.
The district had always been very restrained regarding housing prices and had little interest in commercial real estate.
In his previous life, housing prices in Beicang District were very restrained until 2018.
The increase was far lower than in other cities nationwide, even lower than in other areas of Yongcheng, all for the purpose of protecting industrial development.
It was only after 2019, when the environment changed abruptly, that it became somewhat uncontrollable.
Taking the house Tan Jincheng bought in his previous life as an example, after 2008, national housing prices rose rapidly.
The initial sale price at that time was over 10,000 yuan, and by 2023, even when uncontrolled, its listed price was only around 25,000 yuan.
Compared to the tenfold increases in other cities, investing in this would simply be a huge loss.
"How large is the area, and how much per square meter?"
Tan Jincheng rubbed his hands.
Having the opportunity to take over such a landmark building was naturally not to be missed.
As for whether the acquired building fit his style?
What's the use of style!
"After overall completion, the construction area will be 37,000 square meters, which is definitely enough for a headquarters. The recovery price is 6,800 yuan per square meter. If you want it, you can negotiate with the developer to see if there's any discount."
Tan Jincheng calculated that 6,800 yuan per square meter was over sixty percent, almost seventy percent, higher than residential building prices, but it was acceptable.
The total price would be around 250 million yuan.
It was similar to Tan Jincheng's anticipated price, not particularly expensive, but the problem was he had no money!
"I'm very tempted, but I don't have money. Can I get a preferential loan?"
Tan Jincheng asked with a grin.
Shanchi Technology's debt ratio was currently 38.5%, an increase from before, but the group headquarters company's debt ratio remained very low.
Jinpeng Industrial and Jinyi Industrial currently had no debt.
After Shanchi acquired Bafang Electric, Tan Jincheng also began to improve the company's debt ratio.
Currently, including Bafang Electric and Hangxin New Energy, the debt ratio was controlled below 40%.
Julang Engine was an investment company, with its current business being equity management and securities.
Debt was even more out of the question for it.
Taking a loan of 250 million yuan in the name of the group headquarters company to purchase a headquarters building would not significantly increase the company's debt ratio, and acquiring it with a loan was feasible.
What Tan Jincheng wanted to strive for was a preferential interest rate.
The district dared to approach Shanchi also because Shanchi's corporate debt ratio was excellent.
The two "Jin" prefix cash cow companies, Shanchi's own cash flow, were very healthy.
In addition, Bafang Electric in Gusu was also a components company with very healthy cash flow.
Apart from the potential lithium battery R&D company, Hangxin New Energy, which would be a major cash flow consumer in the future, every business of Shanchi had no shortage of cash flow.
Most importantly, Shanchi's head was very cautious about the company's leverage ratio, which the district greatly appreciated.
Why was this so?
Only because Tan Jincheng had seen too many physical enterprises in his previous life being controlled by banks and other institutions due to excessively high debt ratios.
A company with an annual output value of several hundred million could fall into difficulties because of a mere few million yuan.
Did they really think capital or bank money was that easy to get?
The second boss nodded:
"You can go talk to the bank about this; the district will not interfere."
He certainly couldn't say it directly, but none of the deserved preferential treatment would be omitted.
In fact, he didn't even need to be involved in this matter.
The reason he discussed it with Tan Jincheng was still to get Shanchi to settle down in Beicang District as soon as possible.
"Okay, then I'll arrange it as soon as possible and strive to finalize the headquarters early,"
Tan Jincheng was also very decisive.
Shanchi currently had no board of directors; the only voice was Tan Jincheng.
Purchasing the headquarters building with a loan did not require the approval of other shareholders.
It was enough to inform the other shareholders beforehand.
With a decision made, Tan Jincheng acted quickly.
With the district's facilitation, he contacted the current property rights owner of the Financial Center Tower.
The other party urgently needed funds, so a wealthy buyer willing to take over was naturally very welcome.
Both sides immediately entered substantive negotiation.
Meanwhile, Tan Jincheng also spread the word that Shanchi Group planned to take out a loan to build a headquarters building.
Banks in the district, which had been pitching loans to Shanchi Group, immediately sprang into action, as they had finally found an opportunity.
Banks generally operated this way: the richer you are, the more they like to lend to you, whether it's for companies or individuals.
If anyone liked Shanchi's expansion the most, it was definitely the banks.
They had privately grumbled about Tan Jincheng's excessive caution before, thinking,
"What are you afraid of at such a young age!"
"Holy cow! You're going to buy the Financial Tower?"
Zhang Xupeng was Shanchi Group's only private shareholder.
Unlike the well-informed shareholder Beicang Chengtou, he only learned of Shanchi Group's plan to acquire the Financial Tower after receiving a call from Tan Jincheng.
Like Tan Jincheng, Zhang Xupeng had been very busy these days with acquisition tasks.
After buying storefront properties, he returned to Beicang and started buying factory buildings.
Upon hearing the news, Zhang Xupeng came to Tan Jincheng's home overnight.
"Yeah, you'll be working in the Financial Tower then. How about it? Isn't that awesome?"
"Awesome, awesome! How much?"
"Still negotiating. Their asking price is 250 million, but they're in a hurry for money, so I'm preparing to push the price down further."
Watching Tan Jincheng's calm and unconcerned demeanor, Zhang Xupeng's mouth twitched.
Zhang Suzhi, nearby, was already used to it.
Even at home, Jincheng and Qingqing often talked about work, besides teasing Jinyue.
The amounts of money that occasionally popped out of their mouths were tens of millions, or hundreds of millions.
Recently, the most they talked about was Kaixinwang.
Out of curiosity, Zhang Suzhi inquired and found out that the website was worth 50 million yuan in less than two months.
To her surprise, her son's reaction was to scoff.
"50 million? They're dreaming!"
Tan Jinyue, who was good at imitating what people said, also nodded seriously,
"Yes, dreaming!"
"It's the tallest building in Beicang! Make sure to save a good office for me then. I want a bigger one, on a higher floor!"
After saying that, Zhang Xupeng remembered Tan Jincheng had acrophobia and joked,
"You have acrophobia, why don't you give me the top floor? I'll live there for you."
Tan Jincheng rolled his eyes,
"You're dreaming."
"Dreaming! I'll overcome my acrophobia! Working at the highest point in Beicang, I'll be the coolest guy in Beicang District!"
Tan Jinyue immediately followed up:
"Brother Peng is dreaming!"
Zhang Suzhi quickly intervened,
"Children shouldn't use bad words. You also need to be careful with your language. Don't say 'fart' and 'pee' all the time. Don't you know Jinyue likes to imitate what you say at this age?"
(End of chapter)