Taihe real estate property management company started as a pure construction management shopping center.

But later, it is gradually towards the road of real estate companies.

Dong xiaosa, President of Taihe real estate, is very capable. He has invested in four high-quality projects in a short period of one year, and the income is very good.

As a result, Liu Qiming decided to increase the investment in Taihe real estate after much thinking.

Taihe real estate also officially embarked on the fast lane.

Taihe real estate property management company was split into Taihe Real Estate Co., Ltd. and Taihe Property Management Co., Ltd.

Taihe real estate is mainly responsible for the development of real estate, and Taihe property management company is responsible for sales and service!

Liu Qiming took out 10% of Yuewen group's shares and mortgaged them in Wells Fargo Bank.

With a market value of 23 billion US dollars, Yuewen group obtained 2.3 billion US dollars in loans.

Among them, US $1.5 billion was registered in the name of Liu Qiming. Tianqi capital invested in Taihe real estate, accounting for 75% of the shares of Taihe real estate.

And $300 million was invested in Taihe property, accounting for 60% of Taihe property's shares.

Taihe real estate's valuation soared to $2 billion, while Taihe property's valuation reached $500 million.

Taihe holdings is valued at US $600 million.

Well Taihe holdings is a company with a registered capital of 100 million, and owns 20% of Taihe real estate.

He also owns 30% of Taihe property.

As for the remaining 5% shares of Taihe real estate and 10% shares of Taihe property, where are they.

Naturally, it was given to professional managers!

If they don't have shares, can they do well?

After getting the financing, Taihe real estate and Taihe property are really on the fast track.

Buy, buy! Make it! In just three years, the valuation of Taihe real estate and Taihe property has soared.

The angel round of Taihe real estate raised US $1.5 billion, until one year later, the US $1.5 billion was consumed, and the valuation directly exceeded 35 billion yuan.

Round a financing starts! 10% financing, 3.5 billion yuan.

Two months later, round B financing was launched, with a valuation of over 50 billion yuan and another 10% financing.

Another three months later, round C financing was launched, and its valuation exceeded 10 billion US dollars, reaching 72.5 billion RMB.

Another 10% financing and 7.25 billion in cash.

In just five months, it was completely burnt.

Round D financing starts! The valuation officially exceeded 100 billion yuan, reaching 114.2 billion yuan.

Six months later, round e financing started again.

Capital is generally optimistic about Taihe real estate, which is a different kind of real estate industry, resulting in the e-round valuation of Taihe real estate reaching 180 billion yuan.

The reason why Taihe real estate is a different kind is that Taihe real estate never borrows money from the bank, only burns capital.

But just because of this, the debt ratio of 0% makes countless capitals rush for it.

What does zero percent debt mean? It means that the company's ability to carry risks is high!

Even if there is a problem with funds in the future, there are a lot of hard assets!

And no debt, which means that the future bank will not become a stumbling block to its development.

As long as other capital is crazy enough, the future of the company is unlimited.

So the capital is holding this idea, so that just fit their mind, so the capital is generally optimistic about Taihe real estate.

Finally! Until the last financing before Taihe's listing, that is, the start of round F, Taihe's real estate valuation has reached a crazy 370 billion yuan.

The equivalent of US dollars also exceeds 50 billion, which is only a matter of two years.

After six times of financing, Liu Qiming still holds 53.1441% of Taihe real estate shares, which is more than the holding line.

Taihe property is also because of the rapid development of Taihe real estate, although it is not as popular as Taihe real estate.

But Because the main body of Taihe property is actually an Internet company, Taihe property has to be listed first.

That's right! Although Taihe property belongs to the traditional property management company at the beginning, it later embarked on the road of Internet.

Relying on the terrifying property resources of Taihe real estate, Taihe real estate is famous for its Internet office and IOT app.

Has become the property management industry Internet pioneer, but also because of the rapid development of Taihe real estate.

Taihe property has almost begun to embark on the road of monopoly.

A lot of people follow suit, but the distance between Taihe and property is too big.

A total of three financing, three financing 10%.

On September 1, 2016, at the beginning of school, Taihe property or Taihe property Internet Management Co., Ltd. landed on NASDAQ.The estimated value has exceeded US $10 billion, reached US $15.8 billion in terror market value, and become another US $10 billion unicorn in China.

Before the final listing, Liu Qiming held 72.9% of the shares.

After Taihe property was listed, Liu Qiming held 65.61% of the shares.

That's 10.3 billion dollars.

Of course! From this, we can also find a problem, that is, although Liu Qiming still held 53% of the shares of Taihe real estate before the listing, after the listing

Generally speaking, the circulating shares of most listed companies are about 10% of the total share capital.

If so, Liu Qiming estimates that after the listing, his shares in Taihe real estate will fall to less than 48%.

This number is very unsafe for the founders.

But Liu Qiming is not very worried, because although some of his shares are not very safe, it does not mean that someone can take Taihe away from him.

Angel round is invested by Liu Qiming himself, while round a, B and C are not invested by Liu Qiming himself, but they have something to do with Liu Qiming.

Round a is invested by qiongqi asset management, round B is invested by Taotie defense, and round C is invested by Taowu holding.

Although the shares were diluted later because of the following financing, it is still not a small number.

After listing, qiongqi assets held 5.31441% of the shares.

Taotie defense holds 5.9049% of the shares.

Taowu holdings holds 6.561% of the shares.

In addition to the 48% shares owned by Liu Qiming himself, the total is 64.7955 shares.

So many shares are enough for Liu Qiming to control Taihe real estate.

Because of this, Liu Qiming felt that the speed of the sun's super business development could only be said to be average.

At present, the market value of Yuewen group has exceeded 60 billion US dollars.

Of course, these valuations can't be just novels. If they're just novels, even monopoly can't lift the market value of Yuewen group to this level.

The main reason is that Yuewen group has stepped into the education industry and successfully stepped on the tuyere.

Yuewen group has an estimated value of more than 25 billion US dollars. After stepping on the education outlet, it is normal for Yuewen group to have a market value of more than 60 billion US dollars.

Yuewen group has been listed. The latest news shows that the market value of Yuewen group is US $63.4 billion.

And Taihe property, because the listing time is not long, plus there is no major good news.

Although the market value has been rising steadily, it has only reached 18.4 billion US dollars.

It is still far from the small target of $20 billion valuation.

Taihe real estate has not yet been listed, but the valuation can be said to be the same day by day.

Last week, it was estimated at 430 billion yuan. This week, it directly exceeded 450 billion yuan to 458 billion yuan.

In other words, at the current exchange rate, it is about 66.55 billion US dollars.

I have to say! It's even more terrifying than the speed of upgrading of Yuewen group.

In fact, if Yuewen group had not found the outlet of knowledge education, the gap between Taihe and real estate would have been greater.

In fact, Liu Qiming himself can't figure out why Taihe real estate is so popular with capital.

But it doesn't matter! As long as you earn it, it's OK.

At present, the development of sun super business is the slowest.

However, it doesn't matter. There is also the reason why Liu Qiming didn't further invest in sun super business.

In fact, Liu Qiming just wants to keep an identity that outsiders can accept outside, and not dare to provoke any cat and dog.

Think about it, or the sun super quotient is the most appropriate.

In fact, for today's people, the valuation of 10 billion RMB is not very exaggerated.

Every so often, when you see the big guys with a market value of trillions bragging, you will subconsciously feel that the valuation of trillions is not so good!

After graduating from University, Liu Qiming will officially take over Sun super business.

Of course, at present, Liu Qiming is debt free and light.

The shares of Yuewen group that had been mortgaged had already been taken back.

As for the whereabouts of the remaining $500 million of the original $2.3 billion

That must have been taken by Liu Qiming to buy real estate or something!

That's right! Although he has a real estate company in his hand, Liu Qiming did not ask the company to prepare many houses.

In fact, Liu Qiming is very clear about the division between the public and private sectors.

500 million US dollars, about 3.11 billion RMB.In 2013, the purchasing power of 3.11 billion can be said to be very amazing.

Ten in Shanghai, ten in Beijing, ten in Guangzhou and ten in Shenzhen.

Anyway, to put it bluntly, that is to buy it. Anyway, I'm sure I won't suffer a loss.

Two and a half billion for housing, five billion for cars, and the remaining 110 million for daily expenses.

The life of local tyrants is so simple and boring.

In fact, five of the 2.5 billion properties are worth more than 100 million yuan.

In other words, five billion is for housing and two billion is for investment.

These five villas are located in Chengdu, Shenzhen, Shanghai, Beijing and Hangzhou.

These five cities are also the five cities that Liu Qiming focuses on.

, for example, Kwai Wen group in Shanghai, Taihe property in Chengdu, Taihe real estate in Hangzhou, sun super business in Shenzhen, fast hand and byte beating in Beijing.

Liu Qiming is likely to live in these cities for some time in the future.

As for what on earth Who knows!

But it's certain to stay in Shenzhen for several years.

As a matter of fact, Liu Qiming laid out Shenzhen from the very beginning.

Even the headquarters of sun supermarket was set in Shenzhen from the beginning.

There is Taihe real estate shopping center, the first is also built in Shenzhen.

It can be seen that Liu Qiming's future focus must be in Shenzhen.

All right! It was mainly influenced by Ma Huateng, Ma Yun and other big men in his last life.

Although this life has become more than Ma Huateng, Ma Yun's boss, but still want to touch the immortal gas of the boss.

Sun super business does not say, look at the location of Taihe real estate, can also explain the problem.

Hangzhou! That's the base of Alibaba.