The Sun family, in this manner, can only indicate one problem.
It’s highly likely that they have encountered significant financial issues.
Otherwise, there’s no reason for them to be rushing to please Liu Fen and Song Huamin.
Isn’t that obviously aiming to secure this marriage as quickly as possible?
Chen Pingsheng pulled Song Yanxi into the room. "The situation with the Sun family just sounds wrong!"
"What’s wrong with it? You might be overthinking this."
Song Yanxi was quite satisfied with Sun Shaohua, definitely much better compared to Hu Lin.
He could arrange everything clearly.
"How could I be overthinking."
Chen Pingsheng said, "Think about it, if you had a son and your family was wealthy, he’d date soone matched through an arranged eting, typically you’d expect them to see each other for a few months before anything else, wouldn’t you? They wouldn’t be rushing to give gifts. Doesn’t that just show they want to get married quickly?"
"Hmm…" Song Yanxi thought it did seem possible.
"So why do you think their family is doing this?"
"What else could it be? They definitely want to resolve so big issue through Song Wu. A wedding in a wealthy family is never that simple."
Chen Pingsheng said, "Tell about the Sun family, in as much detail as possible."
Before, he had just looked at so pictures and then heard his wife ntion that they were in real estate.
He hadn’t really delved into it after that.
Song Yanxi had co into contact with the Old Sun’s family through a custor at Water Cloud Space.
That custor was Sun Shaohua’s aunt, definitely wealthy.
Those in real estate exude confidence until they collapse.
The Sun family started out in Hainan in the nineties, prominent during the Hainan gold rush, with a share in that.
The real estate scene then included today’s "Four Gentlen" of real estate.
Pan Shiyi, Feng Lun, and other famous real estate magnates.
And Sun Shaohua’s father, though not as famous as the Four Gentlen, wasn’t far behind.
Starting from 2013, he even expanded his business into grain and oil, mineral water, culture, tourism, and several other areas.
He was a typical example of engaging in whatever was profitable.
The more Song Yanxi delved into the Sun family, the more impenetrable they seed.
Even rivalling her own family.
"Husband, their family owns more businesses than ours, they shouldn’t be in trouble, right?"
"What do you an ’shouldn’t be’?"
Chen Pingsheng said, "The ss of being involved in so many things just gives a headache. The biggest difference between these dostic real estate developers and those in Xiangjiang is that the others always put safety first, whereas most dostic developers are all about expansion and acquisition."
"Once they buy the land, they’re so eager to sell the properties as soon as the gate is up, then they use that money to madly acquire more land, endlessly repeating this process."
"If real estate prices continue to skyrocket, this model might not face many problems, but if one day the properties don’t sell, and financial troubles arise, they would need hundred to thousands of billions to fill the gap."
Pausing, Chen Pingsheng added, "You’re underestimating our own family. What people envy and covet about our family isn’t so much the size of our business, but that to this day we haven’t taken a single bank loan, our debt is completely zero. We can say as long as the sky doesn’t fall, we might not be the richest, but we are definitely the most stable."
"Speaking of bank loans, just with Tengying Entertainnt’s shares alone, we could easily secure over a hundred billion, not to ntion our Tengchao Comrcial Managent’s current net assets are also 150 billion."
"Our family is much stronger compared to those billionaires who rise through loans."
"The Sun family is very likely trying to get us involved to help them cover their pitfalls."
Chen Pingsheng gestured with his hand. "Return all the gifts they sent, end this arranged eting imdiately, and don’t et with anyone from the Sun family, no matter who it is."
After acquiring wealth, remaining vigilant against unknown risks.
It had almost beco an instinct for Chen Pingsheng, just like with this arranged eting.
Do you think these dostic real estate developers are making a lot of money?
Not at all.
The real money is with those big real estate developers in Xiangjiang.
They take a piece of land and slowly dig with a few excavators for ten years.
By then, the disparity between real estate and land prices is like heaven and earth.
They develop few projects, but each one is extrely valuable.
Their debt ratio is pitifully low, they hardly need any bank loans.
Even the least profitable projects yield several billion in profit.
And those worth hundreds of billions are commonplace.
As for those dostic ones,
when the banks cut off loans, they die faster than anyone.
Reviews
All reviews (0)