However, his classmate Hao Fei couldn't help but show shock and excitement after hearing the answer.

"Holy crap!!! Wang Sicong, you're a fucking rich kid!!!"

"I'm a rich second-generation? How come I didn't know that?" Wang Sicong asked in confusion.

Hao Fei pointed to the computer screen on the table and said, "Look for yourself, it's all in the news. Wanda Real Estate is seeking a listing! The reporter then gave a detailed introduction to Wanda Real Estate, saying it's valued at several billion! Look here, Wanda Group invested in building a Wanda Plaza on Taiyuan Street in Shenyang, and after selling more than 300 shops, they received 610 million yuan!"

Wang Sicong stared at the computer screen, his eyes nearly popping out of their sockets in disbelief. He muttered to himself, "Am I really a rich second-generation?"

At this moment, Wang Sicong had lost interest in playing games; he was anxious to go home and confirm with his parents.

Half an hour later, he returned home and saw his father sitting in the living room. He went up to him and asked, "Dad, are you very rich? I saw the news online!"

Wang Jianlin was taken aback for a moment, then laughed and said, "Haha, you noticed that!"

At that moment, Wang Sicong almost cried. The thought of constantly getting crushed in "Primordial World 1: Three Races Battle" because he couldn't afford to spend money on in-game purchases filled him with resentment. He said to his father, "Dad, from today onwards, I'm going to be a real rich kid!!!"

...

The listing of Wanjiang Real Estate fired the first shot in China's real estate market. Real estate companies across the country were energized and dreamed of going public one day, which greatly stimulated the development of China's real estate industry!

The real estate industry is one of China's five major industries, with a long supply chain and wide-ranging impact, directly affecting the lives of hundreds of millions of people and influencing housing supply and demand, urban planning, and land resources. At the same time, the real estate industry is also a significant source of domestic demand in China, providing wings for the country's rapid economic growth!

The successful listing of Wanjiang Real Estate is not only reflected in the stock market. As a listed company, Wanjiang Real Estate has gained greater visibility and its brand value has been significantly enhanced, naturally making it more popular with customers.

Offline, more and more customers are interested in buying houses from Wanjiang Real Estate Company, and in some cities, Wanjiang Real Estate's properties have reached the point of being in short supply.

People can only rush to buy off-plan properties now, and even then, they might not be able to buy one.

As a leading real estate company in China, Wanjiang Real Estate has completely won!

Zhao Ye no longer has any other requirements for Wanjiang Real Estate: maintain a low debt ratio and reduce corporate risk.

Many of Wanjiang Real Estate's commercial properties rely on rental income for revenue, resulting in large investments and long payback periods for its projects. Even though Wanjiang Real Estate has raised a significant amount of capital this time, it still needs to borrow money from banks for further development.

...

(End of this chapter)