After three rounds of drinks,

the real host from Pengcheng continued to introduce the local industries while urging people to drink.

As they chatted, the topic shifted to the subway. He said that with Pengcheng's population, investing in the subway would definitely make money, obviously wanting to attract some investment.

In Su Yehao's opinion,

although the subway is quite important, unless it's accompanied by acquiring a large amount of land and venturing into the real estate industry, it's difficult to make money relying solely on the subway business itself.

Instead of just ripping people off and running, Su Yehao preferred to give these white-robed tycoons some initial benefits, achieving the effect of a long-term strategy.

If the news that investing in the East can make money spreads widely in the Middle East, there might be future opportunities to continuously attract massive investment, which would greatly help economic development and also align with Su Yehao's own interests, a win-win situation for all parties.

The importance of oil resources is difficult to replace in the short term, and these oil-producing countries are living quite well, with astronomical annual fiscal surpluses.

As long as the investment projects are good enough, it's particularly easy to get money from them, and they don't like to interfere, constantly thinking about undermining local enterprises and monopolizing the market.

Therefore,

he deliberately didn't help bring up the subway issue, focusing on banking, finance, and insurance, and even the Tot portal website that was about to be externally financed.

After a few drinks, some people were already slurring their words, and the translator needed to be especially careful to hear what they were saying.

Some people had obviously done their homework in advance, asking if Hong Kong Microelectronics Group had any plans for financing.

Su Yehao himself wasn't short of money at the moment. A large number of banks were lining up to give him money. His asset allocation was so stable that it was almost impeccable, making him the most valuable type of major client, more reliable than many state-owned enterprises.

The economic reforms in the mainland have progressed to this point, and many enterprises are still in dire need of funding.

For example, the banking industry, which has just emerged from the crisis, and a group of heavy industries that can't keep up with the times and urgently need capital injection for transformation. As the "fund manager" of 5S Asset Management, Su Yehao has a deep understanding of mainland enterprises, to the point where he can talk about anything.

After five or six drinks, several guests who were not used to high-proof liquor were already staggering, resting on the table.

Some people looked sober, but were actually struggling to hold on, unable to hold their forks, dropping them on the table two or three times in a row, clearly having had too much.

The Saudi representatives were soon completely defeated, and the situation wasn't much better on the UAE side.

Su Yehao thought it was a waste of words, so he simply let them go to rest first.

Mr. Xu, who was responsible for the reception on Pengcheng's side, couldn't help but laugh at this situation, but remained remarkably sober, saying to Su Yehao:

"I said we should have drunk some red wine. They all fell before we even talked about serious business. I'm afraid they'll sleep until evening, and the afternoon inspection will have to be cancelled. President Su, you need to take it easy. They only plan to stay in Pengcheng for one day. The people in green uniforms notified us that these clients still want to buy some... big firecrackers. Getting drunk will delay things too much."

After hearing this, Su Yehao suddenly understood, thinking no wonder he saw two green off-road vehicles in the hotel parking lot.

He calmly said:

"It's okay, they can rest for a while in the afternoon, and have some 'revival' drinks in the evening to get back in shape and continue discussing business. No one told me before that they were going to buy er-ti-jiao (a type of firecracker). Otherwise, I would have definitely joined in the fun and tried to hear a bang."

"... Or President Su, you could splash some cash and support their business? Anyway, there's plenty of inventory. We'll specially set off some big firecrackers for you during the New Year, it's a joyous thought just thinking about it."

Hearing this,

Su Yehao smiled so hard that he couldn't close his mouth, waving his hand and saying:

"Let's forget about it, it's too extravagant. Speaking of which, Mr. Xu, are you trying to get them to pay for building the Pengcheng subway? That's a small problem, no need to use a sledgehammer to crack a nut. I can help you with one or two subway lines myself. Now we should find some good, profitable projects for them, to aim for a long-term, steady income. I'd like to ask you to ask the higher-ups what major projects are in urgent need of funding, make a list for me, and I'll pick out a few suitable ones and take them to inspect them."

Hearing these words, Mr. Xu immediately smiled even more happily, nodding repeatedly and saying:

"President Su, you're the most reliable. Then I'm counting on you for the subway project I'm responsible for. Don't find me annoying when the time comes."

"It's a piece of cake, as long as you give my dad some of the subway-adjacent land at a normal price, he'll definitely like it. According to my idea, we can completely develop Pengcheng's subway in the form of a real estate company, taking the land along the lines in hand for development, and completing the old city renovation work at the same time."

Su Yehao burped, leaving the villa and walking towards the golf course, taking advantage of the good midday sun to enjoy the scenery and take a walk, to avoid feeling sleepy sitting there.

After a brief consideration, he added:

"Study it when you have time. If we cooperate in the form of an enterprise, I can invest 20 billion RMB. The subway business itself is a public welfare project and will definitely lose money, so we can only think of ways to make money from other businesses. We can accumulate some experience and promote it to other cities in the future."

Mr. Xu instantly realized that this business seemed a bit interesting, equivalent to subsidizing subway construction and operating expenses through real estate business.

If he could really get 20 billion RMB in investment from Su Yehao, and use this part of the assets as collateral, he could then find a way to issue bonds and raise funds, totaling about 60 to 70 billion RMB.

In this way, all the problems currently faced by Pengcheng's subway would be solved.

Thinking of this, Mr. Xu's thoughts began to stir. Faced with the sudden windfall, he nodded repeatedly and replied:

"A very constructive idea. We should seriously study it. The subway business itself is a quasi-public welfare undertaking. We can't raise fares like the Hong Kong MTR, and long-term bond issuance is not a good idea, so we can think of ways to make money from other surrounding businesses and strive for self-reliance. It seems reasonable?"

"Of course it's reasonable. Only by running ourselves well can we better serve society. For example, the Three Gorges Dam, if we don't sell the hydropower generating units, we will only be dragged down by debt interest all the time. How can we raise money to develop other large-scale hydropower stations?"

Su Yehao felt that the Pengcheng subway business itself was dispensable, but if a joint venture real estate development company was established to deploy along the subway lines, then this 20 billion RMB "entrance ticket" would be too worthwhile.

With so many stations along the way, even if they only took one or two pieces of land at each station, it would allow Sihai International Group to reach a new level of scale and become the absolute "Pengcheng Land King."

You know, this will be a solid first-tier city in the future.

With the appreciation of multiple assets, Su Yehao has been very wealthy recently, and banks have repeatedly increased credit lines, without yet reaching the debt ceiling.

In his situation,

it feels like a loss if he doesn't utilize the bank's credit lines.

Although Su Yehao increasingly feels that the real estate industry has no technical content and is not very interesting to do, but when a large number of properties located at subway entrances are placed in front of him, it has to be said that it is still very tempting...