Chapter 236 Fighting the price war

Of course, 200 million yuan is far from enough. Li Wufeng has calculated that starting a company and taking on projects is a preliminary payment, and various preparations, so at least 600 million yuan is required. 600 million yuan can basically ensure the normal operation of his real estate company and Oriental Real Estate!

So after raising 200 million yuan, Li Wufeng came to the Shanghai Central Bank and found Yang Shuiming.

When Yang Shuiming heard Li Wufeng's request, hesitated without hesitation. While ensuring that the bank could operate normally, he lent the maximum loan amount of 300 million to Li Wufeng.

Yang Shuiming also smiled and helped Li Wufeng solve the remaining 100 million yuan. The presidents of various banks in Shanghai are all Yang Shuiming's friends, so they were done with just one phone call!

And this is equivalent to attracting business for other banks. You must know that in this way, a performance of 100 million can bring a lot of interest to banks!

However, Yang Shuiming was quite kind to Li Wufeng. Originally, the interest rate was three points, so he directly reduced the interest rate to one point. This is also Yang Shuiming's greatest power. After all, he is a bank and not Yang Shuiming himself, so to be able to do this, it has been a great help to Li Wufeng to get money!

Although this one only reduced the interest rate by two cents, Yang Shuiming saved Li Wufeng several million in total!

Under Yang Shuiming's introduction, Li Wufeng went to major banks to handle the loan procedures. Yang Shuiming also said that if the money is not enough, he can also help Li Wufeng with a loan. With this trust, Li Wufeng did not help Yang Shuiming in vain!

After all, it was 400 million yuan. Li Wufeng was busy for three days before the 400 million yuan was transferred to Li Wufeng's account!

With the funds, the next thing will be easier. Li Wufeng found Qin Mei and went to the Industrial and Commercial Bureau to establish Longwei Real Estate Company, a subsidiary of Oriental Company!

Although this is a subsidiary of Oriental Company, its scale is much larger than Oriental Company, and even larger than the Tang Real Estate Company, which Song Chuangxin has handed over. However, it has now been renamed Song Real Estate Company!

Longwei Real Estate Company has a registered capital of 100 million yuan, while Song's Real Estate Company is a listed company, its registered capital may not be only 80 million yuan. On the surface, Li Wufeng has already worked hard!

Although Longwei Real Estate is a newly built company, it is a subsidiary of Oriental Real Estate. Whether it is a new company or not, it is a subsidiary. If it is a qualification from Oriental Company, you can contract projects and do projects, which saves the initial stage of the new company and does not have to slowly get the qualification!

Li Wufeng's Longwei Real Estate Company was also very powerful in establishing Qin Mei, so he directly transferred two construction teams to Li Wufeng. These two construction teams are very comprehensive construction teams and have a comprehensive manpower!

Moreover, they have worked in large high-rise buildings and their experience is very old-fashioned. So, Li Wufeng’s real estate company is no weaker than any real estate company in Shanghai!

Longwei Real Estate, a subsidiary established by Oriental Real Estate, caused an uproar in the real estate industry in Shanghai. Everyone knows that this is Oriental Company and Longwei are going to jointly deal with Fang's real estate company. Some real estate bosses have heard of Longwei's reputation. Although Longwei has never been involved in the real estate industry, they are still a strong existence in their hearts!

Fang Taiguo soon learned about the report of the general manager of the Shanghai Real Estate Company when the establishment of the subsidiary Longwei Real Estate Company of Oriental Real Estate Company. He was shocked. He did not expect that Qin Mei was so brave that she actually established a subsidiary at this time!

You should know that it is time to use money in a hurry. It would be fine if Oriental Company did not reduce its size, but it actually had to expand its company and set up a subsidiary. This deck made Fang Thailand confused!

As a person from Shanghai, Fang Taiguo naturally does not understand Longwei's strength. In his perception, Longwei is just a subsidiary of Oriental Company. In fact, it is not the case. Anyone who understands the real estate industry in Shanghai knows that it is not just that simple, but Longwei Company has come forward!

Now Fang Taiguo doesn’t know what Qin Mei will do next, so he can only stand by on time to observe the situation, and at the same time let the real estate manager in Shanghai continue to fight price wars with Oriental Company and compete with himself for strength, which is simply seeking death!

*******

In one month, Oriental Company and Fang's Real Estate Company were in a turmoil in the real estate industry in Shanghai. The price war was like a pure heart. The two companies kept throwing money into it, which was like burning money into the fire pit!

In just one month, Oriental Company invested 80 million yuan, while Fang's Real Estate Company has invested 100 million yuan. If you want to suppress Oriental Company, the price must be lower, so you invest more money!

Both sides are not feeling well now, of course Li Wufeng doesn't care. Since he has decided to play, this step is beyond his expectations. Let's play. If you want to play, then you can have a complete and enjoy it. Anyway, as this trend continues, Fang's company will invest more and more money!

And now it is not just Oriental Company, but also Longwei Company. Although it is a subsidiary, it can completely take on projects independently. In other words, Fang's Real Estate Company not only has to deal with Oriental Company, but also has to fight a price war with Longwei Company!

If you only make a price with Oriental Company, then Longwei will be more operational, which is still profitable for Oriental Company. In other words, if you don’t deal with it, you have to deal with these two companies!

To deal with two companies, it requires greater energy and more money investment, which is basically a double-part investment. In other words, Dongfang Longwei needs 100 million, while Fang's needs 200 million!

Li Wufeng has prepared 400 million yuan of working capital, so Fang's Real Estate will take out 800 million yuan to fill the pit. He also has the background of Fang's Real Estate Company. Fang Thailand has money, but Li Wufeng doesn't believe he has 400 million yuan!

After a month of trouble, Miao Desheng of Fang's company was uncomfortable. In the past month, not to mention that the company has not made normal profits, but has also lost 100 million yuan. After such a loss, I will praise it sooner or later!

In the midst of all kinds of discomfort, Miao Desheng called Fang Taiguo!

"Mr. Fang, it's been a month since the Oriental Company is still operating normally, and there is no intention of collapse!" On the phone, Miao Desheng's earnest speech reported from the other party.

Fang Taiguo also felt that things were not good. This was not a small company. It was clearly a big company, and it was also a powerful big company. If it were a small company, it would have been a long time ago by himself. You must know that he was using money to make trouble, and the other party was not uncomfortable. This is enough to show that the other party seemed to be very powerful!

"See me if Qin Mei joins a wealthy boss?" Fang Taiguo ordered.

Miao Desheng has already conducted an investigation in this regard, and the results of the investigation are obvious. Longwei Real Estate, a subsidiary of Oriental Real Estate, is the industry of Li Wufeng, a new generation of emerging entrepreneurs!

"Mr. Fang, I have investigated. Qin Mei may have received sponsorship from Longwei and Li Wufeng. The so-called subsidiary of Oriental Company is also Li Wufeng's industry! Miao Deshenghui reported.

Fang Taiguo pondered for a moment after hearing this, and it was indeed similar to what he thought. Qin Mei had found a backer. Otherwise, based on her understanding of his strength, she would definitely not be able to support her with the money to tossing her like this!

And now it seems that nothing is the same as to make trouble!

What's more, with his understanding of Qin Mei, and with his personality, it is impossible to create a subsidiary. At the same time, Fang Taiguo also secretly sighed that Li Wufeng, who is powerful, does have two tricks, but he doesn't play according to common sense, which disrupts his order of playing cards!

Since we have understood the other party’s basic routine, Fang Thailand naturally cannot continue to play according to the original routine. Even if we finally destroy Dongfang, we will not feel good. Now that we have just been doing it for a month, Fang Thailand is already a little uncomfortable. After all, this is a few hundred million investments. It is fake to say that it is not uncomfortable!

"Lao Miao, there is no need to fight a price war with Oriental Company now, and it will be detrimental to us if it continues like this!" Fang Taiguo said.

After hearing this, Miao Desheng secretly breathed a sigh of relief. If Fang Thailand did not change its strategy, I am afraid that the real estate industry in Shanghai would be in chaos. The real estate industry was in chaos, and his own company was settled by external companies, so it would be easy to be squeezed out of Shanghai by local real estate companies!

"Mr. Fang, I understand. I will immediately call a meeting and transfer the price back!" Miao Desheng nodded and said.

It can be said that Fang's Group's price reduction and price war have long destroyed the rules of the real estate industry in Shanghai and has long brought about a chain reaction in the real estate industry. But there is no way to do so. Several real estate companies' operations have plummeted. They dare not speak out, and they feel uncomfortable but dare not say anything. After all, the strength of Fang's real estate company is there!

They could only silently pray that Oriental Company would kill Fang's company as soon as possible. Therefore, the real estate companies of Shanghai are already hated Fang's company to the core, but they didn't have a chance. As long as there was a chance to provoke a dispute, if there was a leader, Fang's real estate company would be kicked out of Shanghai!

Unfortunately, even if we join forces, it will not work. Fang's company is too strong in Shanghai, and its official relationship is not bad, so it cannot be cured even if we want to. So now all real estate companies are waiting and watching, or just taking on some small projects to ensure capital guarantee!

Now it can be said that all real estate companies have focused on the two companies of Oriental Real Estate and Fang's Real Estate. From the bottom of their hearts, they still want Oriental to kill Fang's. After all, Fang's Real Estate broke the rules first!
Chapter completed!