"The little darlings in the entertainment industry are much easier to fool than Chairman Wang, hehe."
Finding a new target, Boss Jia was in a great mood.
Wielding the scythe of capital, he felt invigorated again!
His burning gaze was clearly a stance of sharpening his knife for the sheep.
History always repeats itself with astonishing similarity, but it's unknown how many celebrities, directors, and producers will be mercilessly harvested by Boss Jia this time.
The next morning, Wang Yi said while eating the breakfast prepared by Song Sining,
"Sining, I plan to make the budget phone segment completely independent, turning it into a subsidiary of Xingyi Technology, adopting a brand new name."
Song Sining agreed,
"That's best, it won't lower Xingyi Mobile's high-end positioning."
"Yes, Xingyi Mobile started as high-end, and it wasn't easy to gain a foothold, so its quality must not be lowered," Wang Yi said with a smile. "As for the name of the new budget phone brand, I've already thought of it!"
"Oh? What is it called?"
Song Sining became interested.
"Boundless!"
"Boundless?" Song Sining murmured, instantly understanding Wang Yi's meaning, "Breaking the high-price barrier of smartphones, making them affordable for everyone. This is Boundless!"
Wang Yi nodded,
"That's right, currently the cheapest smartphone starts at 1799, which is the result of the price war between Xiaomi and Meizu, otherwise the cheapest would be 1999. But with the current average income of over 2000, most people can't afford it."
"Yes, some families, where the couple's combined monthly income is three or four thousand, with elderly parents and young children, supporting four or five people, truly cannot afford it. The emergence of Boundless, bringing the price down to 999, will make smartphones affordable for everyone, which is truly a meritorious deed!"
Song Sining was deeply moved,
"This brand name is excellent; it instantly allows people to remember the new brand's original intention and will definitely be recorded in the history of smartphone development! Even as time passes and public memory fades, seeing this name will remind people that it was Boundless Mobile that broke the high-price barrier of smartphones. It was Boundless Mobile that made smartphones affordable for everyone! This will surely make it the national phone!"
"Exactly, that's the effect we want," Wang Yi said with a smile. "However, making smartphones affordable for everyone is only the first meaning of Boundless Mobile. The second meaning of Boundless's existence is to put an end to low-quality counterfeit phones and low-end feature phones!"
Song Sining's eyes lit up,
"Right, a Boundless smartphone is only 999, who would still buy those five or six hundred, seven or eight hundred counterfeit phones or low-end feature phones? This is also a meritorious deed."
In its previous life, in 2014, Redmi burst onto the scene, bringing down the price of smartphones, ending the era of counterfeit and feature phones, and making smartphones affordable for everyone, which was truly a meritorious deed.
At that time, this event caused an extraordinary sensation, so much so that everyone was grateful for the Redmi brand.
But unfortunately, as time went on, when Redmi was mentioned again, people only felt it offered good value for money, but the brand was still a bit low-end.
The "gratitude" from the time when money was tight had long vanished.
The reason for this outcome was simply that Redmi's name was too ordinary, making the public forget its initial grand gesture.
Boundless is different; the purpose of this brand's existence is to break the high-price limit of smartphones and make them affordable for everyone.
No matter when, seeing this name, the public will remember Boundless Mobile's contribution.
This way, they naturally won't feel the Boundless brand is low-end; instead, they will have a sense of familiarity.
Of course, Boundless is not just purely low-end.
On the contrary, Boundless Mobile will make low-end and mid-range phones, and in the future, it will even aim for high-end.
Wang Yi plans to first launch two series: the Boundless Digital series and the Boundless Note series.
Undoubtedly, the Digital series will be the lowest-end budget phones, priced from 799-1500.
It aims to bring down smartphone prices and make them affordable for everyone.
The Boundless Note series, on the other hand, will be positioned in the mid-range, priced from 2000-3500!
In the future, Xingyi Mobile will exclusively be flagship phones, starting at 5000.
This doesn't mean Wang Yi will give up the mid-range phone market.
The positioning of the Boundless Note series is the 2000-3500 mid-range market.
Thus, Boundless Digital will target the low-end market, Boundless Note the mid-range, and Xingyi Mobile the high-end!
From 799-7000, covering low, mid, and high tiers, Xingyi Mobile and Boundless Mobile will have full coverage!
No matter which user group, all can be captured.
Wang Yi changed the subject,
"Boundless also has a third meaning."
"A third meaning?"
Song Sining was full of curiosity.
"That is to break the monopoly of international suppliers in the smartphone industry and revive the domestic industry chain!"
Wang Yi was deeply moved,
"Currently, the smartphone industry chain is basically controlled by Europe, America, Japan, and Korea. Our domestic suppliers can only do scraps and assembly work, tightly controlled by European and American giants."
"The emergence of Boundless is to strive for localization, break the monopoly of international suppliers, and replace the international industry chain with a domestic one! To build truly domestic phones! Not just domestically assembled phones!"
Song Sining's beautiful eyes gleamed, and her gaze towards Wang Yi held a different kind of meaning, her heart filled with emotion.
Break the high-price barrier, making smartphones affordable for everyone!
Break the counterfeit barrier, completely ending low-quality counterfeit phones!
Break the international industry chain monopoly, allowing the domestic industry chain to rise comprehensively!
"So, he still has such lofty ambitions in his heart! I must go all out to support him, accompany him, and help him! My man!"
Song Sining murmured.
Wang Yi smiled slightly,
"Sining, I plan to put Boundless Mobile directly in Jizhou, thus completely separating it from Xingyi Mobile."
"That's good," Song Sining recovered and readily agreed, "This will minimize Boundless Mobile's impact on Xingyi Mobile. It can also leverage Boundless Mobile to quickly seize market share."
"Exactly, I'll mention this to Director Hong later."
Song Sining was in a great mood and instantly understood Wang Yi's meaning:
"You're going to ask for policies again!"
"Don't talk nonsense, Director Hong is proactively offering them!"
"Hahaha!"
Song Sining laughed, shaking with mirth.
After breakfast, Song Sining headed straight to Meiyou Building to arrange matters for the upcoming press conference.
Wang Yi, on the other hand, called Wu Shuang and headed straight to the High-tech Zone Management Committee.
Director Hong, it's been a long time, it's indeed time to ask for policies!
Xingyi Technology was developing too fast; last year's planned projects couldn't keep up with the situation this year, nor could they satisfy Wang Yi's appetite.
Naturally, new policies were needed!
As for Director Hong not giving them?
That's not a big problem either; cities within the province and other provincial capitals and new first-tier cities have long been eyeing them covetously.
Moreover, it's impossible for Director Hong not to give them.
Director Hong eagerly wants to keep Xingyi Technology, this golden phoenix, in Jizhou and will never let it fly away, unless he is an undercover agent sent by the neighboring Island City!
Wang Yi returned yesterday and asked Song Sining to schedule an appointment with Director Hong.
Director Hong immediately canceled all his morning appointments and arranged the meeting.
The level of importance attached was evident.
Meeting again, Director Hong's expression was somewhat complex, filled with emotion:
"Chairman Wang, your development is truly incredible!"
"It's one thing for phones to sell well, but tablets are also selling so well that the Jizhou tablet factory's capacity is already insufficient even before it's built!"
The Jizhou tablet factory, planned last year, had an annual capacity of ten million, which was already considered very high.
Director Hong was even worried that if they couldn't use that much capacity, it could be used to produce Xingyi Mobile phones, so it wouldn't go to waste.
After all, for domestic tablets at the time, an annual sales volume of over ten million was considered the limit.
But who would have thought that Wang Yi would break conventions, and tablets would also be so successful, even surpassing the iPad!
And with Meiyou and Zhenyou's global offline stores, they were distributed to many countries worldwide and sold globally!
As a result, sales completely exploded.
"In one month, the sales of Xingyi Tablet X1 and X1 Pro exceeded 13 million, far surpassing the Xingyi Tablet factory's annual capacity!"
Director Hong was quite speechless,
"I can only say that the factory Jizhou gave you was too small. Therefore, the city has decided to give you a new plot of land to build a second tablet factory!"
Wang Yi's face lit up with joy, waiting for just that sentence.
Selling 13 million tablets in a month, with the Jizhou factory's annual capacity of only 10 million, what good is that?
Expansion is a must!
Director Hong took out a map and pointed to the north of the airport:
"This time, the factory won't be in the Great East Suburb; it will be in the Northeast Suburb, near the airport!"
Wang Yi instantly understood Director Hong's intention, and his mood brightened:
"That's good. Xingyi tablets produced by the first factory will be transported by land to supply the national market. Xingyi tablets produced by the second factory will be close to the airport and airlifted directly to various parts of the world, supplying the global market outside of China!"
Domestic transportation of tablets and phones mostly relies on land transport, whether by road or rail, it's fine.
But for overseas transport, air freight is safer and faster.
For example, sea freight to Europe and America takes a month, which is too long.
With large aircraft air freight, it only takes 15 hours, costs 200,000 US dollars, and can transport 400,000 tablets at once.
On average, the shipping cost per tablet is just over three Chinese yuan.
It's not only efficient but also low in cost, and crucially, safe.
With sea freight, who knows if pirates will be encountered.
If a cargo ship full of Xingyi tablets were hijacked by pirates, Wang Yi would have nowhere to cry.
And Jizhou Airport is already in the suburbs of the suburbs.
Let alone now, it's barren; even ten years later, it will still be very remote, an urban-rural fringe area.
But this kind of place is most suitable for building factories!
Especially for supplying overseas.
Of course, if time is tight later, several southern provinces can also use air freight.
It can be said that building a second tablet factory near the airport is really too suitable!
Director Hong nodded,
"That's right, that's the arrangement. This matter has been communicated with the province and the city, and there are no problems at all. The province and the city are very supportive. Now the only question is how much capacity you want."
"How much capacity? I decide? Is that appropriate?"
Wang Yi laughed.
It was somewhat incredible that the Management Committee was giving Xingyi Technology a factory, and Wang Yi could even decide its capacity himself.
Director Hong smiled slightly,
"In principle, this isn't appropriate. But Xingyi Technology and Meiyou Technology are both star enterprises and leading enterprises in our province and city. The province and city will give you the highest support! So just speak up!"
"Good, then I'll make a big request!"
Wang Yi said with a smile.
Director Hong waved his hand,
"No problem."
He thought to himself: The higher the capacity you want, the better!
This way, the subsequent production of Xingyi tablets and Xingyi phones will all remain in Jizhou, other provinces and cities won't be able to snatch them away, and the taxes created, the employment opportunities brought, and the GDP growth driven will all belong to Jizhou!
Perhaps even the barren land near the airport can be driven to develop.
At the very least, Xingyi factories offer good benefits, and with bigger factories and more workers, they will all need housing and to buy homes, right?
Currently, the area near the airport is an urban-rural fringe, but once the factory develops, it might become a county town!
Wang Yi was also aware of this, so he simply said,
"Then let's aim for one hundred million units of capacity!"
"How much?"
"One hundred million?"
Director Hong was startled; he had already prepared for Wang Yi to make a big request.
He thought Wang Yi would ask for forty or even fifty million units of capacity at once.
But he didn't expect Wang Yi to ask for one hundred million!
Crazy, too crazy.
Director Hong picked up his teacup and took a calming sip,
"Chairman Wang, are you serious?"
Wang Yi nodded,
"Of course, one hundred million units of capacity, divided into two factories. Fifty million units of capacity will be used to produce Xingyi tablets, and fifty million units of capacity will be used to produce Xingyi Mobile phones!"
Don't look at Xingyi Tablet X1 and X1 Pro being global bestsellers right now, with monthly sales of 13 million units.
But this is due to the initial launch; as time goes on, monthly sales will continuously decrease.
Therefore, if Xingyi Tablet X1's annual sales can reach 30 million, that would be good, and Xingyi Tablet X1 Pro a bit more, at most forty million units.
Combined, annual sales of seventy million units would be the ceiling, not possibly reaching one hundred million.
The additional fifty million units of capacity will be perfectly used for producing Xingyi Mobile phones.
Currently, Xingyi Mobile only releases two flagship phones a year, with combined sales exceeding fifty million, which is no pressure.
Next year, there will be budget phones, aiming for annual sales of one hundred million.
Next year's total sales of Xingyi Mobile + budget phones are very likely to exceed 150 million.
In the future, this number will only increase.
The Beijing phone factory has an annual capacity of 30 million units, and the Jizhou phone factory has an annual capacity of 50 million units, which is simply not enough.
Another 50 million would be just right.
"So, 50 million units of capacity are for Xingyi Mobile!"
Director Hong suddenly realized and nodded:
"That's no problem, after all, your flagship phones alone can sell over 50 million units annually, and with next year's budget phones, it truly won't be enough."
"However, since it's a phone factory, are you also planning to put it near the airport? Not near the Jizhou Phone Factory No. 1?"
Wang Yi waved his hand,
"No need. In the future, when Xingyi Technology has enough patents, Xingyi Mobile will also go global. So, putting the second phone factory near the airport is most suitable!"
"Good! Very good!" Director Hong was in a great mood, "I appreciate people with such ambition and capability to achieve great things! One hundred million units of capacity, two factories, all land costs and construction costs, the government will pay!"
"By then, we'll build the roads for you, directly connecting to the airport. In the future, Xingyi phones and Xingyi tablets after rolling off the production line can be directly transported to the airport, loaded, and sent to all parts of the world!"
"Thank you, Director Hong!"
Wang Yi was in a great mood; today was exceptionally smooth.
If the first Jizhou phone factory and first tablet factory solved part of the domestic demand.
Then the second Jizhou phone factory and second tablet factory solved international demand, as well as the remaining domestic demand.
For provinces in the south and west, which are too far from Jizhou, land transport takes several days, so air freight can be used directly.
A Boeing plane can transport 500,000 phones or 400,000 tablets in a few hours.
Domestic air routes are not expensive, but their efficiency is much higher than land transport.
Electronic products rely on timeliness!
Fast distribution, fast shipping, fast collection of payments, fast profitability.
If it takes several days to arrive, it's a waste of time.
Director Hong waved his hand,
"These are all things I should do. Jizhou being able to have high-quality enterprises like Xingyi Technology and Meiyou Technology is also our pride!"
"Don't worry, Director Hong, although Xingyi Technology's global headquarters is in Beijing, the provincial headquarters is also being prepared and will be located in Jizhou, currently recruiting staff."
Wang Yi slowly said,
"By next year or the year after, when the office buildings of Meiyou Science and Technology Park are put into extensive use, many of Xingyi Technology's businesses and divisions will be diverted from Beijing to the Jizhou branch."
"That would be excellent!"
Director Hong was overjoyed.
Currently, Jizhou is most lacking in high-tech industries.
The only ones worth mentioning are Inspur and Meiyou Technology.
But Meiyou Technology is mainly an e-commerce platform for clothing and beauty, so it cannot be considered a pure tech company.
However, if Xingyi Technology's Jizhou provincial headquarters comes, and a large number of businesses come, then there will be no shortage!
It should be known that Xingyi Technology has so many businesses that even just a provincial headquarters would be larger than many companies.
For example, Xingyi Video Department is comparable to the entire iQiyi company!
And Xingyi Media also surpasses many entertainment companies.
Thinking of this, Director Hong decisively said,
"Chairman Wang, as Xingyi Technology is a technology company and a high-tech industry, once its provincial headquarters lands in Jizhou, the Management Committee will offer the best preferential policies, whether it's for taxes or other matters, all according to the highest standards!"
"Good, then I will expedite the construction of the provincial headquarters!" Wang Yi said with a smile, "However, there's something I still need to trouble Director Hong with. The office buildings of Meiyou Science and Technology Park will be put into use at the earliest in October. But the current Meiyou Building has already been frozen and is about to be demolished..."
Director Hong understood Wang Yi's implied meaning:
"Are you worried that when the Meiyou Building there is demolished, the Meiyou Science and Technology Park here won't be ready for use, and Meiyou Technology's employees will have nowhere to work?"
"Yes, currently Meiyou Technology has a lot of employees and many businesses, so there's really no time to deal with disruptions. Can you see if our Meiyou Building can be put last on the demolition schedule?"
Director Hong pondered for a moment and nodded,
"No problem, your Meiyou Building will be scheduled for demolition in October. We'll demolish other places first, and after you move into Meiyou Science and Technology Park, we'll demolish it."
"Thank you, Director Hong."
Wang Yi felt relieved.
This matter was settled.
"These are small matters. Meiyou creates a lot of employment opportunities for Jizhou, and we will support whatever we can."
Wang Yi was in a great mood and continued,
"The budget smartphone launching early next year, I plan to use a brand new brand name, called Boundless!"
"Boundless? Breaking the high-price barrier of smartphones, making them affordable for everyone?"
As expected, the name was easy to understand, and Director Hong instantly guessed its meaning.
"Exactly! Boundless is not for making money, it's only to enable all Chinese people to use smartphones and experience the charm of technology!"
Wang Yi stood up and looked out the window:
"Break the high-price barrier of smartphones, making them affordable for everyone!"
"Break the low-quality barrier of counterfeit phones, completely ending the era of counterfeit phones!"
"Break the international supplier monopoly barrier, allowing the domestic industry chain to rise comprehensively!"
"This is the meaning of Boundless Mobile's existence!"
Hearing this, Director Hong was deeply shaken, feeling that Wang Yi's image suddenly became much, much taller in his eyes:
"Good, very good!"
"Chairman Wang, with such ambitions, Boundless Mobile is sure to become the national phone, with boundless prospects!"
"Don't worry, whatever Boundless Mobile needs in the future, we will fully support it!"
This time, Director Hong truly wanted to help Wang Yi from the bottom of his heart.
After all, there are many entrepreneurs who want to make money, but not many who want to make their businesses great.
As for entrepreneurs with such ambitions, benefiting the country and the people, they are even rarer.
Wang Yi smiled slightly,
"I plan to spin off Boundless Mobile and establish a new company—Boundless Technology! Its headquarters will be in Jizhou. Subsequent R&D, production, and sales will all be located in Jizhou."
"Boundless Technology in Jizhou?"
Director Hong was overjoyed; happiness came too suddenly.
How terrifying could the volume of budget phones be? Anyone could imagine.
If R&D, production, sales, and the headquarters of the entire new phone brand were all located in Jizhou, then Jizhou would effectively have a powerful phone enterprise!
Even if it's just budget phones, just low-end phones, the sheer volume is too large.
Even larger than Xingyi Mobile's volume!
Once Boundless lands in Jizhou, it will greatly benefit Jizhou's industrial upgrading.
"Chairman Wang, I suddenly feel that Meiyou Science and Technology Park is too small to accommodate so many businesses. The 518-meter Xingyi Skyscraper is also several years away."
Wang Yi was stunned: "..."
Was he going to give land again?
Indeed, Director Hong looked at the map again:
"You already have factories, industrial land is not valuable, and you don't lack it. I plan to give you another 300 mu of commercial land to the east of Meiyou Science and Technology Park to build Boundless Science and Technology Park as Boundless Technology's headquarters! In the future, all industries and businesses of Boundless Technology can be located in Boundless Science and Technology Park!"
Wang Yi was stunned: "..."
Such a good thing?
This was commercial land, not worthless industrial land.
The difference between the two was huge.
Industrial land, with a maximum plot ratio of 1.5, is mostly located in industrial zones in the suburbs, barren land.
Buildings constructed there can only be used for R&D, offices, production, etc., and cannot be sold externally or commercialized.
Commercial land, on the other hand, is located in current and future core areas, where every inch is precious.
The plot ratio is also high, potentially from 3.0 to 4.5.
Buildings constructed there can not only be leased or sold as office buildings but also introduce hotels, shopping malls, restaurants, etc., or be sold directly.
It's a full-fledged business district, driving surrounding development and even significantly increasing housing prices in nearby communities.
For example, Meiyou Science and Technology Park is next to Inspur Science and Technology Park, which will be Jizhou's future financial center and one of the areas with the highest housing prices.
The newly planned Boundless Science and Technology Park, on the other hand, will be the future high-tech zone, also gathering high-end industries.
Wang Yi remembered that over ten years later, Huawei's provincial headquarters would be near here!
But now, it was given to Boundless Science and Technology Park.
This was a typical move to use Boundless Science and Technology Park as a vanguard to drive the development of surrounding high-tech industries.
The most important aspect of industry is the cluster effect.
Like the financial center area, it's currently the Great East Suburb, with only Inspur, Sinotruk, and a software park surrounded by cornfields.
Next year or the year after, Meiyou Science and Technology Park will be fully operational, and a few years later, the 518-meter Xingyi Building will rise, along with dozens of super-high office building clusters in the financial center...
This will directly form a terrifying financial and technological industry cluster, which is rare across the entire province.
By then, the Great East Suburb will have become a financial center, with boundless prospects.
The same applies to Boundless Science and Technology Park.
Currently, it's the eastern part of the eastern suburb, a barren expanse.
Once Boundless Science and Technology Park moves in, other industries and top-tier hospitals can be introduced later, creating a high-tech industry cluster.
By then, this entire area can take off!
This was the plan of Director Hong and the Management Committee.
Giving Wang Yi 300 mu of commercial land, and using Wang Yi's Boundless Technology to drive the surrounding development.
This is mutual benefit and win-win cooperation.
Wang Yi smiled slightly,
"Since Director Hong is so generous, I will graciously accept. Same as before, you provide the land, and we will provide the construction funds ourselves!"
"Good!" Director Hong laughed, "Now Xingyi Technology is rich, and indeed, it doesn't have to worry about this. Hahaha."
"It's also thanks to Director Hong who provided various policy supports when we were in our most difficult times. Including the interest-free loan for the first phase of Meiyou Science and Technology Park, all supported by Director Hong."
Wang Yi kept all this in mind.
It is easy to add flowers to brocade, but difficult to send charcoal in snow.
It was precisely for this reason that Boundless Technology's headquarters was directly placed in Jizhou!
A drop of kindness, repaid with a gushing spring.
"These are all things I should do."
Director Hong waved his hand, not claiming credit proudly.
He was just glad that he had trusted the right person; Wang Yi not only didn't disappoint him but far exceeded expectations!
"By the way, Jizhou has given us so many good policies, we should also do something for Jizhou."
Wang Yi remembered Xingyi Real Estate,
"I heard that land sales in the East City are not optimistic."
Director Hong sighed,
"Alas, don't mention it, they still lack vision. Land in the city center is snatched up in bids. Our East Suburb... the land in the east, the price is only half or even one-third of the city center, with higher cost-effectiveness and greater potential, yet no one bids! It's really... alas!"
Wang Yi smiled, thinking to himself:
"Who would have thought that Jizhou wouldn't develop its city center but directly jump to the Great East Suburb, more than ten kilometers away, to build a financial center!"
But this was Wang Yi's opportunity.
"This won't do, I'm quite optimistic about the East Suburb," Wang Yi said with a smile.
"How about this, Director Hong, since they don't want it, you sell us the residential land near Boundless Science and Technology Park and Meiyou Science and Technology Park. We, Xingyi Real Estate, will develop it! Just give us a discount on the price, and I'll take it all. I'll bet that this area will develop better than the city center!"
"Really?" Director Hong smiled, "Such a good thing can happen?"
"Of course."
Wang Yi also smiled.
As someone who had been through it, he knew that the so-called city center area had no development whatsoever.
Although it had a mountain, a spring, and a lake, which were irreplaceable and an eternal cultural center.
But unfortunately, it succeeded as a cultural center and failed as a cultural center.
What else is a cultural center called?
It's also called a historical and cultural protection area!
It was impossible to carry out large-scale demolition and construction, so naturally, there was no development.
It was not as good as the cornfields in the East Suburb or the airport in the West Suburb for development.
After all, the current East Suburb and West Suburb are mostly urban-rural fringe areas, with low demolition costs and strong plasticity.
As for the city center, it was too expensive to demolish, and also not allowed to demolish.
Let alone now, it would be the same ten years later.
Director Hong was overjoyed,
"No problem then, this land is not selling well anyway, if you want it, we'll sell it to you. A discount on the price can also boost confidence in the East City."
Director Hong thought clearly:
'if Xingyi Real Estate is making big moves to acquire land, then other developers might also follow suit, seeing the potential here and acquiring land. Once the land is sold, the district will have money. With money, there can be development. A perfect closed loop!'
Wang Yi nodded,
"No problem, but I'll stick to my old ways. First, build the science and technology park, and once the park is up and running, then develop the residential land and sell buildings to make money."
"That would be excellent!"
Director Hong was in a great mood, he really liked quality developers like Wang Yi.
Industrial and commercial projects lose money, and developers are unwilling to build them.
Therefore, local governments, to attract investment and develop industry and commerce, would offer some low-priced residential land to allow developers to recover costs and make money.
Other developers would first build on the low-priced residential land they acquired, sell the commercial housing, make money, and then leave, resulting in the unprofitable industrial and commercial projects being left unfinished, causing the affected areas to lament.
Wang Yi was different; he built the unprofitable industrial projects first, and only then built the profitable commercial housing.
He was simply a conscientious developer!
Not just Jizhou, but across the country, everyone would like him.
But what they didn't know was that Wang Yi wasn't in a hurry to develop residential land now simply because current housing prices were too low, not worth developing.
It would be three or four years later, when housing prices began to skyrocket, that large-scale development would begin, selling at high prices!
2012-2016 was the land hoarding phase.
2016-2019 was the concentrated development phase.
2017-2018 was the frantic selling phase.
During these two years, Wang Yi would sell out all of Xingyi Real Estate's projects!
By then, Xingyi Real Estate would also reach its peak, even hoping to become a top-tier developer.
As for after 2018, Wang Yi originally planned to sell Xingyi Real Estate, but considering that Xingyi Real Estate was a brand he managed himself, he decided not to sell it.
He could greatly reduce land acquisition, or even stop acquiring land.
Adopting a model of cooperation with local urban investment companies, where urban investment companies fund land acquisition, and Xingyi Real Estate develops it under its name as high-end, sells at a premium, and earns commissions.
Regardless of whether housing prices rise or fall, or whether profits are made or losses incurred, it belongs to the urban investment company; Xingyi Real Estate is only responsible for its name and earning commissions.
Similar to Greentown in its previous life, this is how it played out.
Both parties had a very pleasant discussion, and finally, Director Hong smiled and said:
"Chairman Wang, I won't keep you for lunch. I'll head to the city now to study the specific plans for Boundless Science and Technology Park and the surrounding land, as well as the two major factories near the airport!"
"Then I await your good news!"
Wang Yi said with a smile.
This trip to the Management Committee, Wang Yi gained a lot.
Not only did he get an additional phone factory with an annual capacity of 50 million and a tablet factory with an annual capacity of 50 million.
He also gained 300 mu of commercial land to build Boundless Science and Technology Park, and surrounding low-priced, high-quality residential land.
A few years later, when all three major buildings are completed, Wang Yi has already arranged their uses.
Meiyou Science and Technology Park will still serve as Meiyou Technology's global headquarters.
The 518-meter Xingyi Skyscraper, partly as Xingyi Technology's provincial headquarters, and partly for external lease and sale.
Boundless Science and Technology Park will serve as Boundless Technology's global headquarters.
(End of chapter)