Wandering around, they went back to the hotel to rest for the night.

The next morning, Su Yehao accompanied his father to the mediation group, which was specially established under the guidance of the higher-ups.

The mediation mainly aimed to resolve the concerns of surrounding developers affected by the temporary planning of the cultural tourism city. They worried about losing customers and that their properties would go unsold.

In short, the nearby developers had suddenly found an excuse to seek compensation.

It was all about profit.

At most, it was a minor issue. Even if Seah International ignored it, the higher-ups would still help resolve it.

Su Yehao had come along for the fun, mainly because the rain was heavy this morning. Otherwise, he would have taken Nong Qingying and her son out to see the sights.

At the mediation venue.

A total of five developers attended. They had been chattering away in the conference room, but fell silent when they saw Su's father and son appear.

Su's father attending was already quite formal, let alone bringing Su Yehao along.

Everyone was probably wondering why such a small matter had alarmed these two big shots.

The person in charge of the meeting wore his surprise on his face. He immediately put on a smile and urged his secretary, "Quick, quick! Go upstairs and invite Lao Song and Lao Lin. Tell them we have distinguished guests and remember to bring some good tea! How did President Su and the young master find time to come? If we had known in advance, we would have welcomed you with open arms!"

Seeing his attitude, the other developers present knew they were at a disadvantage.

However, the Su family's presence seemed to be a great honor. They all looked conflicted, unsure whether to greet them with a smile or put on airs.

As some hesitated, a leading local developer suddenly stood up, greeted them with both hands, and said quickly, "Oh! You two big bosses are so busy, it's my fault for taking up your time! Let's pretend the mediation never happened. You must let me treat you to lunch at my hotel, where we can have authentic Southern Fujian cuisine with seafood. Oh, by the way, I'm Wang Fushi. I've read President Su's autobiography and gained a lot of insight. It was truly enlightening!"

"..."

"..."

The alliance instantly crumbled.

Some other developers cursed inwardly, envying that they hadn't reacted quickly enough. After a little thought, they regretted not being thick-skinned enough.

Su Yehao looked amiable and replied with a smile, "I brought my son here for tourism, so there's no need for a meal. Thank you for your kindness, Mr. Wang. But my father has time. Southern Fujian cuisine is famous, and it's good to get to know people when doing business here. As for today's matter, I've heard the general situation. We can handle it officially. My team has already come up with a solution, and we'll discuss it later."

He wondered what his son was up to.

However, as an old fox, Su's father would never undermine him in public. He smiled and added, "That's right, I'm here to do business, and my son is just here for tourism. Xiamen is a place with outstanding people and beautiful scenery. The environment is really excellent. Let's go to my hotel for lunch, find a seaside private room to enjoy the sea view, and have a few drinks to make friends."

Everyone complimented each other, and someone rushed over.

Su's father recognized him as an old acquaintance. He was the one with whom he had negotiated and drafted the cultural tourism city project, which cost 1.6 billion RMB for the land and would require an additional 3 to 4 billion RMB in subsequent investment.

In addition to shopping malls, hotels, and residences, it would also include an expo center, an ocean entertainment city, a seaside-themed food street, and so on, similar to other cultural tourism city projects.

With the appreciation of the land purchased earlier and Su Yehao's multiple loan guarantees, Seah International's cash flow was relatively abundant. Although its debt was high, its assets were very valuable. It also planned to build cultural tourism cities in Changbai Mountain, Sanya, and other places, continuing to acquire land and expand.

The question of why Seah International still had abundant funds despite holding so much land was an interesting one, involving different asset valuation methods.

For example, if a shopping center cost 300 million RMB to build and generated 50 million RMB in annual rent.

Then the value of the shopping center was not just 300 million RMB. It also included the estimated income from future years' rent, with a total valuation of about 700 to 800 million RMB, which could be used to borrow even more money.

Once it started operating and had actual income to support it, the shopping center could not simply be valued as real estate. It was like a well-performing unlisted company.

Especially with the Su family's reputation at its peak and unlikely to be damaged, banks were willing to lend as much as possible, since the money lent would still turn into real assets like land and real estate, with relatively low risk.

Currently, some state-owned enterprises with operational problems were giving banks headaches, as they could easily become bad debts. In contrast, super real estate developers like Seah International were more popular with banks.

This led to continuous construction of shopping malls and office buildings, with large amounts of money being spent, making Seah International's cash flow even more abundant than before, and giving it considerable confidence to expand.

And if anything went wrong, Su Yehao would help cover it...

Coming to pick up a bargain, Su Yehao was speechless at how harmonious the mediation had suddenly become.

Not only that, but as the conversation continued, some people even wanted to attract investment from him.

They mentioned that the local industrial park, created a few years ago, was encountering some difficulties in attracting investment. They wanted Su Yehao to bring in some crystal wafer foundries, internet companies, or other high-tech companies.

Looking at the so-called software park, it was not far north of the cultural and creative park. The location seemed quite good, and the surrounding area was suitable for building houses.

Honestly.

Su Yehao himself was wondering why he immediately thought of acquiring land to build houses. Seeing the topic getting further and further away, and the local developers not daring to offend the people in front of them, he took the initiative to bring the topic back on track, saying, "Regarding the mediation plan, my father and I have come up with two options. We're all business people, and harmony brings wealth. One is that my family will directly offer a premium to acquire the surrounding land of the cultural tourism city, and then plan and develop it uniformly. The second is to compensate you for your losses and prevent you from being affected by the development progress of the cultural tourism city, which could cause problems with your capital chain. My company can also provide you with reasonable financing after evaluation."

Bi Gui Garden, which Su Yehao had previously financed, had become a benchmark for private real estate companies nationwide, and was not inferior to some state-owned real estate developers in terms of scale.

Hengda, which he later financed, had also emerged from more than 2,000 real estate companies in Guangzhou, ranking among the top five developers in the area and rapidly expanding to surrounding areas.

This news had already spread in the industry, attracting envy from many people.

Later, when Su's father did business, some people eagerly wanted him to provide funding, and he successively invested in a pile of residential real estate companies in first- and second-tier cities.

Given the particularity of this industry, as long as you get 100 million RMB in financing, you can do almost 500 million RMB in real estate business, directly shortening the development cycle.

In addition to being able to quickly stand out from competitors, it can also borrow power to the outside world for financing, and continue to supplement cash flow. Which real estate developer can resist this kind of good thing?

After Su Yehao finished speaking, the developers present were silent for a few seconds. Someone took the lead in saying, "I won't sell the land. How can we embarrass you for such a trivial matter? Wouldn't that be a slap in the face for us Xiamen real estate developers? If there's a chance to cooperate, I'd be more than happy, but I'm afraid my company is a bit small, with an annual turnover of only a dozen billion, not worthy of your attention, Young Master."

An annual turnover of more than ten billion RMB was already very good at present. They usually walked with the wind and were called "Boss" wherever they went.

Su Yehao didn't hear the other party's modesty and waved his hand with a smile, "It doesn't matter if the scale is small. Companies are built up from small to large. As long as the follow-up funds keep up and the right development model is found, the business will grow bigger and bigger..."