Hou de characters experience

Hou 1998 contracted a construction company, 19 1999 set foot in Xiamen construction company, and 1999 set up a group. In Xiamen, he became famous in the construction industry for his quality, speed and reputation. Later, he switched to real estate and became a "big brother" in Xiamen's construction and real estate industry. Like many Minnan people, he is low-key and charitable. After he got on the Hurun charity list, his charity act became famous.

Later, several properties such as Haoting, Xinhaiwan, Xinkai Mansion, Caesar Square, Fuxing Mansion, International City, Commercial Center, Xintiandi, Villa and Kaibin Hotel were prepared and developed, with a total development construction area of 65,438+.

Growth experience: Hou, who is over half a hundred years old, has the highest education in the third grade of primary school. "I had a good academic record. I was a monitor for three years, but my family was too poor and I dropped out of school in the third grade. " Hou said with a dignified expression that this is the main reason why he continued to donate money to help students after he had money.

Hou Caichang said: "People who study well but have no money to study don't know how painful it is."

When 15 years old, local farmers in Nan 'an need to buy ducklings from other places for breeding, which is in great demand. Hou saw the business opportunity at a glance, so he went to Sanming alone to buy it. Today, Hou still proudly said, "Although I am very young, there are more than 65,438,000 people to help me pick the ducklings."

It was the early 1970s. Xiong Xixi revealed to reporters that selling ducklings can earn more than 65438+100000 yuan a year, which was an astronomical figure at that time.

Mei Sen-born real estate tycoon

Hou is the chairman of the group, engaged in the real estate industry, with 65,438+00 subsidiaries related to real estate. Almost everyone knows the real estate industry in Xiamen. Hou is the chairman of all subsidiaries, and his business covers almost every link of real estate development from building materials distribution to bidding, engineering construction, sales development, investment guarantee and property management.

A popular saying in Xiamen is that Hou was born as a bricklayer and knew all aspects of real estate like the back of his hand: "Our Hou Shi family has traditionally been engaged in construction, from bricklayer to building houses according to drawings. At that time, they learned quickly and loved architecture very much. " Hou has changed from a superb product to a dozen fellow villagers. Hou ranked 48th on Hurun Real Estate Rich List with a net asset of 5.5 billion yuan. Moreover, because of the donation of over 100 million yuan, he has been on the Hurun Charity List for three consecutive times and was once called "the first good in Xiamen" by the local media in Xiamen. But in the eyes of people familiar with Hou, Hou is a businessman, and he wants to earn back 6.5438+million yuan by donating 5 million yuan.

In the interview, the reporter saw the positive and negative sides. In 2000, Hou came to Xiamen from his hometown Nan 'an, when he was a middle-aged contractor.

Due to family factors, Hou began to set foot in the construction industry very early. He signed a contract with a construction company to try to get involved in real estate development.

"At that time, he developed a house in Xinyu Pavilion, but because of quality problems, the house could not be sold and he still owed 9 million to the local bank." Before going to Xiamen, many villagers thought that Hou could not get along in Longyan.

The success of cooperating with others to develop the first project "Caesar Square" in Xiamen made Hou happily get the first bucket of gold. "At that time, it coincided with the hot property market in Xiamen, and the house in Caesar Square was a price a day. People in the same village didn't bring enough money to buy a house, and the next day he sold it to others at a higher price. " A person of hometown familiar with Hou recalled:

A villager who sells ducks with Hou described Hou as a "very shrewd businessman". This person told the Times Weekly reporter that when he first arrived in Xiamen, Xiong Xixi cooperated with Liu Shiyuan, a Hong Kong businessman from Fujian, to set up a company for the construction project. This is the origin of the name "Yuanchang" and the origin of Yuanchang as a foreign-funded enterprise in the official registration materials. It is understood that he was both a native of Luodong Town and a fellow villager of Hou, and later became a Hong Kong businessman. But today's giant panda has long since disappeared from its original partner. There are even rumors that Hou was able to start in Xiamen and get some plots without the help of a fellow official.

There are more than ten subsidiaries under the group, and Hou is the chairman of all subsidiaries, covering almost every link of real estate development from building materials distribution to bidding, engineering construction, sales development, investment guarantee and property management. It is said that every link is meticulously managed.

What really made the giant panda famous was that from 2005 to 2007, the giant panda won several land kings several times. An industry insider described the momentum of the giant panda's land acquisition at that time as "very powerful", which shocked the industry.

On February 8, 2005, 65438, Giant Panda Kai took the 2005G09 plot in Xiamen Lake at a floor price of 4244 yuan per square meter, with a total price of 442 million yuan. At that time, the average price of new houses in Huli District was more than 5,000 yuan per square meter, and this land became the "land king" of Xiamen in 2005.

On April 8, 2006, Giant Panda Kaikai Company took the plot of 2006P0 1 on Hubin South Road at a high price of 370 million yuan, which is equivalent to the floor price of 7 132 yuan/square meter. In June 2007, 5438+ 10, this plot of 2006P0 1 was opened by the giant panda and named "Giant Panda Opens a New World", which was registered and sold at an average price of RMB 0.7 million per square meter, pushing the house price of Xiamen Island to a new high.

In June 2006+October 20061October, Giant Panda Kai won the 2006G05 Wuyuanwan plot for165438+600 million yuan, and the floor price per square meter was as high as 7250 yuan, setting a new record for the floor price in Xiamen. This time, seven other developers, including Xiamen Guo Mao Real Estate and Farming Group, have surpassed Giant Panda in reputation and strength.

In 2007, the giant panda Kai took the 2007G27 plot for 2.2 billion yuan, which was named and fined by the central government this time. The floor price of this plot is 13 148 yuan/m2, setting a new record for land auction in Xiamen. But so far, the giant panda has not paid off the land transfer fee of this "land king".

The panda's opening is often criticized by the industry as "unruly". Some netizens who claim to be real estate agents even accuse the giant panda of changing the planning of the house to steal the area, which is well known in the industry.

In the eyes of Xiamen real estate industry, the giant panda has repeatedly set a record for the floor price of land acquisition, and at the same time, it has repeatedly pushed up the property price in Xiamen Island. This time, Hou was severely punished.

After being punished for hoarding land, Giant Panda Kai was cautious about media interviews and claimed that he refused to accept any interviews from any media. The reporter called several times to contact and interview, and went to the office of Giant Panda Kaikai Group twice to interview, but nothing was found. From Shikai Square to Kempinski Hotel, buildings developed by giant pandas can be seen everywhere.

The industry evaluates Houna land as "more expensive than fine", preferring urban prime locations, and mainly developing medium and high-grade real estate in these core locations.

Because the Giant Panda Kaikai Group is a non-listed company, the land reserve can't be referenced. According to public information, the accumulated construction area of real estate developed in Hou is 6,543,800 square meters. However, the total assets of Yuanchang Group are more unknown to the outside world.

The opening mode of giant pandas is "quick production and quick sale", and the action from land auction to construction is very fast, generally less than one month, which is shorter than the operation cycle of many projects in the same industry. The advantage of this model is that the capital operation cycle is short and the capital returns quickly.

However, as a growing private developer, the capital chain opened by the giant panda has always been concerned by the outside world. How to raise funds and how stable the capital chain is are unknown to the outside world.

In 2008, when the property market was cold, it was reported that the giant panda's capital chain was tight, which originated from the early warning notice issued by Xiamen Local Taxation Bureau at that time: Yuanchang Company owed Xiamen Local Taxation Bureau tax180,000 yuan, ranking first in the amount of tax owed. The name "the king of tax arrears" also came from this. Even so, according to public information, Hou still carried out some charitable activities in 2008. This is very confusing to the outside world. If you have money to donate, why do you still owe taxes?

In addition, the reporter also saw an announcement of the Nanjing Municipal Government: In 2009 1 month, Nanjing Giant Panda Kaikai Urban Construction Group Co., Ltd. (Giant Panda Kaikai Group Company) blocked the office building of Pukou District Government on the grounds of asking for wages because of arrears of wages for migrant workers. This mass incident seriously affected the normal office order of the district government, and the construction of the city by the giant panda was dealt with by "informed criticism of the whole city, and its participation in project bidding was stopped indefinitely". On March 24th, 20 10, Nanjing lifted the bidding restriction of Giant Panda Kaikai Urban Construction Group Co., Ltd. in Nanjing after the giant panda Kaikai settled the arrears of the project.

This time, the default of land price was fined, and the market once again discussed whether Yuanchang's capital chain was tight. Hou responded to the local media in Xiamen, refuting the problem of tight capital chain, and asked the media: "Who can compare with us in private enterprises?" This is also his only rebuttal to the media now.

"Hou Cai Chang's early main financing methods were private financing and high-interest lending." A person familiar with the matter told Times Weekly that social fund-raising and high-interest loans are very popular in Nan 'an, and the windfall of real estate made Hou not care about these high interest rates. However, when Giant Panda Kai became famous in Xiamen, some funds began to borrow from banks.

"Once the giant panda is stretched too long, there will be problems in the capital chain, which is its weakness." An industry insider told reporters.