The next day, Liu Yinyin brought over the list, which Zhao Ye reviewed and modified. He made changes to several companies, such as those involved in communications, aerospace, energy, automobiles, and military industries, which were temporarily exempt from listing.
With no other major event following the IPO of Wujiang Microelectronics, Zhao Ye has decided to list Wanjiang Real Estate.
Wanjiang Real Estate has become an enormous company, aggressively buying land and building across the country like a runaway horse, making it difficult to stop now. As everyone knows, the real estate industry has a very high debt ratio, and Wanjiang Real Estate is no exception, having borrowed over 500 billion RMB from various banks.
Before Zhao Ye's rebirth, Evergrande Real Estate owed nearly 2 trillion yuan, Country Garden owed 1.76 trillion yuan, Vanke owed 1.52 trillion yuan, and Greenland Holdings owed 1.24 trillion yuan.
Wanjiang Real Estate's expansion speed is far beyond that of Evergrande, Country Garden, Vanke and other real estate companies. Now, these real estate companies are all little brothers in front of Wanjiang Real Estate.
Across the country, almost every city has at least one "Wanjiang City" and one "Wanjiang Square".
Let's leave aside "Wanjiang Plaza," which is very similar to "Wanda Plaza." The "Wanjiang City" project, on the other hand, is a super-large residential community with a minimum of 10,000 residents and a maximum of over 600,000 residents. It is larger than a county town. The project is called "Wanjiang City·Tiantongyuan," and it has as many as 650 buildings, making it a behemoth among communities.
"Wanjiang City·Tiantongyuan" is not only the largest in China, but also the largest community in Asia to date.
To maximize land use, the buildings in "Wanjiang City·Tiantongyuan" are relatively tall, ranging from 33 to 61 stories.
Because the buildings in the community are relatively tall, a lot of land can be freed up for greening. "Wanjiangcheng·Tiantongyuan" is much more beautiful than the "Tiantongyuan" of its predecessor, and has become a residential community that people in Beijing yearn for.
In addition, Wanjiang Real Estate also owns luxury residential communities such as "Wanjiang Yipin" and villa complexes such as "Wanjiang Shengshi" in first- and second-tier cities...
Since the beginning of the 21st century, the internet and real estate have been the two most profitable industries. Zhao Ye believes that the listing of Wanjiang Real Estate will stimulate the development of China's real estate market, and Wanjiang Real Estate will also be able to take this opportunity to develop faster.
A few days later, Wujiang Group held a press conference. Wang Anshi, the group's CEO, announced at the press conference that Wujiang Group would have 50 companies listed on the A-share market in the future.
The moment the words were spoken, the major media outlets were stunned!
The mere announcement of Wujiang Microelectronics' IPO has already had a huge impact globally.
Fifty companies are planning to list on the A-share market—what a spectacular sight!
At this moment, there is a great deal of noise as reporters press for details about which 50 companies are preparing to go public.
Wang Anshi stated, "We will release the specific list of companies on Weibo and Twitter later. Please check back. I will not answer each one here."
Going public is a complex process that can take anywhere from a few months to three to five years to prepare.
Wujiang Group is currently working on a listing timeline to schedule the approximate listing dates for each company. Given Wujiang Group's current status, it has sufficient influence to warrant such a timeline.
The press conference ended quickly, and shortly afterward, Wujiang Group released a list of 50 listed companies on Weibo and Twitter.
Immediately, countless netizens flooded Weibo and Twitter.
Everyone was filled with curiosity and wanted to know which companies were on the list of 50 listed companies.
"Wanjiang Real Estate, Galaxy Finance, Loongson Design, Wujiang Education, Zeiss, Oriental Media, Wujiang Supermarket, Wujiang LCD, Wujiang Beverage, Wujiang Pharmaceutical Company, Galaxy Mining Group, Galaxy Agriculture Company, Wujiang Portal Website, Alibaba, Taobao, Amazon, Netflix, YouTube, Pandora Music, Facebook, ICQ, Ctrip..."
Most of them are internet companies.
However, internet companies may start going public next year. Starting in the second half of the year, internet companies will change their passive attitude and start making profits. As for business models, Zhao Ye certainly understands them well. In addition, the overall environment is also improving, so internet companies will not have to worry about making money.
At this moment, all netizens who saw the news on Weibo and Twitter were shocked!
Many well-known large companies are on the list!
Many people were even more surprised to learn that these impressive companies were actually owned by Zhao Ye!
"I'm blown away! This is incredible! So many big companies are under Zhao Ye's control, he's practically a god of business!"
"Holy crap! This is incredible! Any one of these companies would be unmatched, let alone 50 companies on this list... In fact, Zhao Ye owns many other companies that aren't on the list, but their size and strength are not to be underestimated. For example, the well-known Tiangong Technology and Yinhe Technology are not on the list of listed companies..."
"I've only just realized that the gap between people can sometimes be even greater than the gap between a person and a dog! Zhao Ye is only in his thirties and is already a trillionaire, the world's richest man. I'm a full twelve years older than him, and I'm still struggling to pay off my mortgage and car loan!"
"..."
If someone is only a tiny bit richer than you, you might feel jealous. But if someone is hundreds of millions of times richer than you, you might even feel admiration.
Even the most famous celebrities today are far less well-known than Zhao Ye!
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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