In fact, in addition to their traditional energy and chemical business, they also have another high-tech business, which is wireless charging equipment, which is a proper black technology in this era.
This technology was originally used for wireless charging stations in parking lots. Compared with high-voltage wired charging technology, wireless charging technology is undoubtedly slower. For car charging, it is better than nothing.
It's not that it's impossible to increase the power, but it's difficult to ensure safety when the power is increased. If the power is safe, the charging speed will be very slow. In addition, the car's battery capacity is very large, and it is not that easy to fully charge it.
In view of such shortcomings, Huaxia International Petrochemical Company currently does not use it in the Xincheng parking lot of China Housing Company, but still focuses on the construction of high-speed wired charging stations.
However, other applications based on wireless charging technology are gradually spreading. For example, Polaris' high-end home appliances all have the function of wireless connection to power.
Nowadays, wireless power technology is standard in the field of high-end home appliances, and some of it is already used in the field of mid-range home appliances. As for mobile phones, it is not yet used.
At present, wireless charging technology is still relatively expensive, so it is more profitable to use it with high-end home appliances, but it is not worthwhile to use it with low-end home appliances.
The reason why the mobile phone has not yet been equipped with it is mainly due to the consideration of mobile phone upgrade. However, next year's mobile phone will definitely be equipped with wireless charging technology. At that time, the price of wireless charging will definitely be reduced significantly.
The reason why the price is high is mainly due to two factors. On the one hand, the wireless charging technology provided by Zhao Yi is more advanced than that of previous generations, and the cost of materials used is higher.
In fact, he also provided the so-called wireless charging technology in his previous life, but the results were not ideal when used on home appliances, mainly due to low power, poor stability, large energy loss, and short charging distance.
Even if the price of such a product is low, it actually doesn't make much sense. Therefore, after Huaxia International Petrochemical Company obtained it, it basically shelved it and had no intention of launching it on the market.
On the other hand, it is to allow Polaris Company's home appliances to continue to occupy more markets in the mid-to-high-end field. After the external price increases, it increases the cost of competitors' products.
However, Polaris Company does not say that it is an internal price purchase, but it pays the purchase cost in full, which is the left hand and the right hand. In the entire system, it is not actually a loss, but it has gained much more benefits.
With the use in the past two years, Polaris Company's market share of mid-to-high-end home appliances has indeed been further increased, especially their new brand of home appliances, the market is developing rapidly.
After all, the original high-end brands of Polaris Company are very expensive. No matter how good the product is, people without money cannot afford it, so the market expansion effect of these old brands is limited.
But for their new brands, especially mid-range brands, the development is very beneficial. At the price of mid-range products, you can enjoy the functions only high-end products have, which is quite attractive to consumers. big.
However, the higher price means that Huaxia International Petrochemical Company's income in this area is not particularly large. They have actually wanted to lower prices for a long time, but they were persuaded by Polaris Company.
Now that two years have passed, even if they support a brother company, they are doing their best, so starting from next year, their products in this area will see a big drop.
By then, the equipment and application fields using wireless charging technology will show explosive growth. Even if the unit price becomes cheaper, the entire market size will still expand by more than 10 times.
The current urbanization of China Housing Corporation has basically covered more than 150 selected cities, which is a milestone for China Housing Corporation.
Although our country has a large population, it is still much smaller than that of later generations. At present, it is mainly urbanizing more than 150 selected cities and concentrating on developing these cities, which is basically enough.
According to his idea, if there are no major problems in the future, it may be possible to expand the capacity of these more than 150 cities to accommodate more new populations.
This plan is based on a total population of 1.8 billion. If the population exceeds the estimate due to a significant increase in life expectancy, then we will have to make other plans.
In fact, there are so many big cities, which in his opinion is basically enough. If there is further development, the development of county towns will be the main method, and the development of rural areas will also be taken into consideration.
At this stage, cities may be more desirable. After all, cities can enjoy services that are currently unavailable in rural areas. Various living facilities are relatively complete, and the convenience of life is unmatched in rural areas.
As for whether this concept will continue in the future, he is not particularly clear. Maybe there will be many people who would rather live in the county town by then, but it is not impossible.
Especially if the population growth trend continues in the future, it will be necessary to move a large number of people from big cities to small cities to prevent cities from becoming too large and causing other problems.
Although the progress of China Housing Corporation is very fast, the speed of spending is also a bit alarming. In the first three quarters, they have spent 6 trillion yuan, and the total for the whole year may be as high as 8 trillion yuan.
And their short-term debt ratio continued to rise, reaching 40%. Although it did not exceed the 50% limit he stipulated, it was still a lot.
In fact, all his companies have different short-term debt problems, but by the end of the year these debts will basically be wiped out, leaving the company basically debt-free.
This involves the issue of how the currency issued by the central bank enters the circulation field. Generally speaking, the currency issued by the central bank will be lent to commercial banks, and then the commercial banks will circulate these currencies to the market through loans.
Our country's economy has developed rapidly in recent years, and the money supply is definitely in the process of expansion. As the largest group of economic entities in the country, if there is no loan throughout the year, serious problems will arise.
In other words, it becomes difficult for bank money to flow to the market, and the money that can be circulated in the market tends to be tight, and the economy is not functioning so well.
Moreover, when banks lend their money to other companies, they will still worry about repayment, but when they lend their money to their own companies, they basically don’t need to worry about this problem.
Therefore, in order to increase the currency in circulation in the market, it can promote rapid economic development and avoid contraction, which will cause difficulties in economic operation.
In any case, his companies need to borrow money from banks, and then circulate it to the real economy or workers through investment, salary payment, etc.
Then, after the money circulates in the domestic economic system, it returns to the hands of his companies, and then returns the bank loans, thereby achieving the purpose of expanding the scale of the economy.
However, his companies have very strong profitability and basically do not need long-term borrowings, so they are basically one-year short-term borrowings, and the company's liabilities need to be liquidated by the end of the year.
This can not only ensure the stability of the money supply in the domestic economic operation, and monetary expansion can meet the needs of economic development, but also keep the operations of its enterprises basically stable and prevent the debt ratio from being too high.
It does not mean that the more loans the better, the money from the bank is not free, and interest needs to be paid. Therefore, corporate loans must be comprehensively decided based on the company's operating conditions and the country's economic development.
If the debt ratio is too high, the company's profits will be swallowed up by high interest rates. Once the operating profit rate drops, it will bring fatal danger.
Therefore, at the end of every year, his companies will check the status of corporate debts. If they are able to pay off their debts, they will do their best to pay off their debts. For those who cannot pay off their debts due to special reasons, they can only arrange to pay off their debts through him. Liabilities.
Fortunately, for other companies, this situation basically does not exist. However, for companies like China Housing Corporation, it is basically impossible to pay off debts on their own.
Because their income return cycle is too long, even if they get the land at a very cheap price, since the rent is not high, it will take more than 20 years to recover the cost.
Therefore, their debts are basically settled at the end of the year. They rely on the year-end operating balance of their brother companies and how much money they can come up with according to the business plan for the coming year, and then help the China Housing Company to pay off part of the debt.
In fact, there are not many other companies that need to borrow large amounts of loans to expand their industries, because the development of many companies has gradually matured, and their operating income is sufficient for their expansion needs.
Therefore, in the past few years, most of them have relied on loans from China Housing Corporation to allow money to enter the real economy and the hands of workers in thousands of households, and then flow from these entities and households to other companies.
Before this, we did not rely on this method to expand the currency liquidity needed for the domestic economy, but used foreign exchange to significantly increase the amount of domestic currency issuance.
In the beginning, Zhao Yi invested the money he earned from outside the country. At that time, the amount of foreign exchange was not large, which resulted in the overall scale of funds in Zhao Yi’s hands being small. In this case, economic development was also Relatively limited.
However, he has a golden finger in his hand. With limited funds, he can develop products with great market value, thus allowing my country's export business to develop at a high speed.
The development of our country's export business has led to more and more foreign exchange reserves in our country, and these foreign exchanges will enter the central bank and be converted into domestic currency of equivalent value.
The converted domestic currency will be used by its companies for industrial expansion and development, leading to stronger export capabilities and thus forming an economic development model dominated by foreign trade exports.
At that time, his companies were also operating with low or even zero debt. It was only when my country's economic development began to focus on domestic economic development and supplemented by foreign trade economic development.
This set of operating methods requires certain changes, and my country's long-term rapid growth of foreign exchange is not conducive to the development of international trade, which will lead to tensions in international economic and trade relations and conflicts.
Fortunately, at that time, Zhao Yi proposed a new direction for domestic economic development targeting urbanization and national infrastructure construction. These infrastructure projects were basically operated with debt, and the total debt was very high.
But this is also conducive to my country's economic development. As long as the domestic supply of goods can keep up, there is no need to worry about inflation in our country.
In fact, if other countries do this, it will cause serious problems, because a large amount of money is invested in housing construction, and people cannot buy these houses with the money they have.
If the economy of other commodities is underdeveloped, it will lead to the inability to digest the funds accumulated in the hands of the people, which will lead to an increase in the prices of other commodities and inflation will inevitably occur.
And under normal circumstances, the investment and return cycle of the real economy is also very long. It does not mean that the investment can immediately recover the cost and make a profit. It all requires a process.
Even high-tech companies have very high profit margins, but their R&D costs are also very high, so it does not mean that they can recover their costs and make a profit that year.
Therefore, these enterprises all need loans. This is the logic of normal economic development, but obviously it does not apply to him, so he does not need to follow this set of economic development logic.
Because the high-tech companies under his umbrella originally provided technology from him. These high-tech technologies can basically be said to have no cost, and the technology is very advanced, and the profit margin is very scary.
This is a situation where small investments bring big returns, so his companies basically do not need to borrow money to operate and can get huge returns.
Therefore, he believes that the current debt ratio of China Housing Corporation is as high as 40%. Although it seems relatively high, by the time of liquidation at the end of the year, this debt ratio will be greatly reduced.
Although it is unlikely that all of them will be liquidated, the debt ratio remains at around 20%, which is basically guaranteed. Therefore, China Housing Corporation is generally very stable.
However, if Chinese housing companies spend money at the current rate, their total investment scale may reach as high as 10 trillion yuan next year. It is still unclear whether it will be as stable as it is now.
So China Housing Corporation put a multiple-choice question in his hands and asked him to make a decision, that is, what to do next for the first batch of urbanized cities.
Now there are two options. The first is to start the renovation and development of the old city after the development of the new city is completed. The second is to temporarily leave the old city alone and focus on the second, third and even other batches. The fourth batch of urbanization construction projects is coming.
The cost of renovating the old city is much higher than building in the new city. After all, it is much easier to purchase the land in the new city from the municipal government, and the compensation funds do not need to be so large.
Although the buildings in the old city are very old and have little value, they are occupied by companies and individuals after all. If you want to obtain these lands, the compensation is not a small amount.
This virtually raises the cost of renovating old cities. If commercial housing is built, the high cost will be borne by consumers anyway. For developers, there is actually no big choice difficulty. The only problem is whether there is land. Can be taken.
Obviously, this is not suitable for Chinese housing companies. Their business is mainly leasing, and they focus on long-term benefits. If the cost is too high, it will either mean higher rents or a longer return cycle.
And even for compensation, there are currently two options in front of us. The first is direct cash compensation, and the second is using a house in the new city as compensation.
The first method of compensation will put Chinese housing companies under greater financial pressure. After all, it requires real money. For them, who are already facing huge economic pressure, the pressure is indeed a bit high.
Another kind of economic pressure is not very great, but there is a problem of house valuation. Now the housing market does not operate in a market-oriented manner, and there is still a certain degree of difficulty in valuing houses.
If the original 10-square-meter old house now wants to compensate for a 100-square-meter house, this is seriously unfair to the Chinese housing company.
But if it is a 1:1 replacement, it is estimated that the residents of these old cities will not be satisfied. It will be very difficult to reach an agreement, and the project will not be launched in a short time.
At present, the income of China Housing Corporation is not much. Although residents have begun to move into the new city, it is basically impossible to complete the reconstruction, compensation and construction of the old city with this income.
That's why they have a second option, which is to temporarily bypass the renovation of old cities and use precious funds for the construction of new cities in other cities. Not only will there be less trouble, but it will also speed up the urbanization of these cities.
After all the cities' new city construction projects are completed, they will not have much financial pressure, and when they have made large-scale profits, it is not impossible to turn around and carry out old city renovation.
The scale of new city construction they are currently undertaking is sufficient to accommodate the housing needs of urban residents in the future, and can also accommodate the housing needs of new city residents.
Therefore, the renovation of old cities is not so urgent. It will not be too late to gradually carry out the renovation and construction of old cities until the total domestic population slowly rises to meet the housing needs of new residents in the city.
If this is done, then for the first batch of large cities, the old city will be a scar on the beautiful city, in sharp contrast to the highly modern new city, and these old cities may even become slums.
Although the probability of becoming a slum is very low, there are always surprises, and when the number of residents in the old city decreases, the maintenance of these places will gradually decrease, and the old city will become increasingly desolate and prone to crime.
This is a situation that major city governments don't want to see, and it's also something that a responsible company doesn't want to see. This is where they struggle.
Since the government has given full responsibility for urbanization projects to the China Housing Corporation, this is both an opportunity and a responsibility for the China Housing Corporation. If it is not handled well, it will be ugly for all parties involved.
To be honest, he didn't want to see an eyesore scar appearing in a large city. Just like every time he went out, the streets were busy with traffic, but the surrounding buildings were incompatible with these modern scenes.
According to his original intention, it is naturally done in one go, which is more in line with his style. Either don't do it, or don't procrastinate when you do it, and get things done neatly and neatly.
It’s just that the reality is often full of helplessness, especially such complex matters, which are very troublesome to deal with and involve many interested parties, and cannot be solved in a short time.
If he was just building a city, he wouldn't be so careful with the calculations. He could just spend money to speed up the construction, so that others would be willing to accept the China Housing Company's plan.
Obviously, Chinese housing companies cannot do this. Every penny needs to be spent wisely. Only by careful calculation can they run smoothly. Otherwise, as long as they let go, the losses will be huge.
He thought for a long time and felt that it would be more appropriate to start the old city renovation project immediately, because the longer the delay, the more expensive the land would be, and it would be more difficult to complete the goal.
Although there will definitely be a lot of pressure to invest in this area now, these pressures are not completely unbearable. At the right time, they can even reduce the construction speed of other cities.
Because the old urban areas of other cities are very small, and the first 10 cities are themselves very large cities in the country, the cost of renovation will rise linearly in the future.
Therefore, it is most beneficial for Chinese housing companies to prioritize solving the problems in these cities. At the same time, these cities are also easier for new people to flow in, and the population agglomeration is much faster than other cities.
It is very necessary to deploy these cities in advance, while the population concentration in other cities will not be that fast. Even if the urbanization construction is slower, it can basically meet the requirements.
Cities like this, which are urbanizing relatively slowly, can be developed in phases to meet the needs of urbanization bit by bit. However, these first-tier cities cannot wait too long.
After making this choice, he needs to consider how to operate it. Personally, he prefers to use cash compensation directly. Compared with replacing it with a new house, it is more cost-effective and is also the most beneficial way to the development of the domestic economy.
Because when the money comes into the hands of these residents, they can only use it for consumption. There are not many investment channels at present, and it is not accessible to ordinary people. As long as they use it for consumption, it will be beneficial to the development of the domestic real economy.
Most of the funds paid will return to the hands of his companies after a round, and the overall loss will not be large, but the economic promotion effect will be more obvious.
More importantly, in this way, there will not be some people who have real estate, while some people do not, which will lead to the classification of urban people. Everyone is the same, and there will be no differential treatment.
The most typical example is that those who own real estate will definitely be more willing to marry their children to those who own real estate. This invisibly creates a division of small classes, which Zhao Yi is not willing to see.
Moreover, using financial compensation is easier to handle. Anyway, it is calculated by area, which is very simple and crude. It is much simpler than house replacement.
If it is just a small-scale renovation of the old city, the workload of house replacement will not be large. But if it is carried out on such a large scale as China Housing Company, the work will not be so easy. There will be a lot of wrangling, and it will be overwhelming to deal with it. .
In his reply, he directly wrote down his opinions and said not to let the news leak out. Once started, it is necessary to take good pictures of the old city to avoid many illegal buildings in a short period of time.
He had seen this kind of situation too many times in his previous life. In order to get more compensation, he would use any means, so he had to cut through the mess quickly and not delay it for too long.
Once an agreement is reached with the government, the buildings in the old city will be frozen. The reason for this is because the urban construction management in the old city is not particularly good, and pictures of the original state must be retained as reference evidence.
The compensation standard still needs to be discussed with the government. If it is too high, then give up. After all, the ideal is an ideal and the reality is reality. If the ideal and reality are seriously inconsistent, then you can only give up.
According to what he means, from the outside to the inside, the compensation standard is acceptable within 1 to 5 times of the flat land compensation standard. The specifics need to be negotiated with the government. If it exceeds the cost, the cost will be too high.
In fact, the area of these old cities is generally not large. In addition, some buildings have been built one after another before, and the area that can be used for renovation is even smaller. According to his compensation standards, the cost is still acceptable. The pressure from China Housing Corporation Much smaller too. (End of chapter)