Next, the loan heads of several other large banks entered Qin Jiang's office for a friendly chat, only to face the exact same predicament as the previous three bank Executives. Faced with the demands put forward by Qin Jiang, they desperately wanted to refuse directly, but upon learning the specific details, they found themselves unable to do so.
After all:
Those were all profits!
Who could willingly let go of a premium client like Black Dragon Group? In the end, Black Dragon Group used the auctioned land as collateral, combined with the Pu Region gaming licenses and Starlight Entertainment as joint guarantees, to secure a loan from these banks: 140 billion!
Coupled with the 100 billion previously borrowed through those three bank Executives, that made a full 240 billion!
Adding the 60 billion Black Dragon Group had already spent at the land auction, that brought the total to 300 billion.
This figure had long been set by Qin Jiang, so Zhu Zheng, Bai Lu, and the others were not surprised.
At most, Bai Lu was a little startled: she had not expected Qin Jiang to use this method to borrow so much money.
As expected of Brother Jiang!
The financial problem that had troubled her was resolved so easily, and at the same time, she could see Brother Jiang's determination: he truly had the boldness to pull out a full three hundred billion just to auction land.
It could only be described as... absurd!!!
...
An hour later.
The bank Executives left Black Dragon Group as if they were dreaming.
Subconsciously, they turned back to look at that dark Black Dragon building, and recalling the scene that had just unfolded, they still could not calm down:
"Did we just lend him over 100 billion? How dare this Qin Jiang borrow so much money?"
"More than that! When you came, didn't you see people from other banks walking out of the room? I saw it very clearly back then—those few people were gripping their briefcases tightly, and there were obviously things inside. Coming now, it's very likely they were also loan contracts."
"Holy shit! Doesn't that mean he didn't just borrow over 100 billion, but might have borrowed even more?"
"When he took out the mortgage loan with us, aside from the land, he only provided the Pu Region gaming licenses and Starlight Entertainment. Yet the most valuable assets of Black Dragon Group were not even brought out."
"You mean those two milk tea brands?"
"Right! Those two milk tea brands are expanding at a ferocious speed right now with soaring market values. If used for loans, borrowing several tens of billions should be no problem at all! With Qin Jiang's boldness, he definitely wouldn't dare not mortgage the milk tea brands. There is only one possibility: the milk tea brands have already been mortgaged by him. Combined with the way he talked to us about this mortgage method, he might have also borrowed tens of billions, or even hundreds of billions, from that side..."
As soon as these words were spoken.
Swoosh...
The expressions of the many bank Executives shifted slightly.
Borrowing 140 billion from them!
And those other banks might have also borrowed hundreds of billions!
Coupled with the fact that they already knew Black Dragon Group had bought tens of billions worth of land across the country in advance.
When all of that was added up, wouldn't it be:
Three hundred billion!
And this was in 2015!
What kind of concept was three hundred billion?
Groups in all of China that could pull out this sum of money could be counted on one hand, and most of them had deep backgrounds. Yet now, Black Dragon Group had suddenly scraped together so much money just to auction land. Just how much confidence did he have in real estate?!
An Executive asked in confusion: "Why have such confidence in real estate? This is staking the entire Black Dragon Group on it."
Another Executive chimed in: "Yeah! If the real estate market fluctuates wildly under these conditions, it would be a catastrophic disaster for the entire Black Dragon Group. Given the position he already holds, why bother..."
An Executive sighed: "No wonder people can start from scratch and build such a massive group in just a few years! They just have that kind of boldness."
An Executive doubted: "You say he borrowed so much money and mortgaged all the land, where is he going to find the money to build houses? Won't the capital chain snap by then..."
An Executive shook their head: "Who knows! But we can all know that he must have considered it! He's probably betting that real estate will rise. As long as real estate rises, at worst he can subcontract the land to construction groups; even though they'll take a share, the profits won't be small."
The various bank Executives nodded.
But deep down, they still found it somewhat incomprehensible: Black Dragon Group had paid such a heavy price to borrow so much money and overbid for so much land, only to sublet these land plots to builders and share the spoils with others.
It was completely unreasonable!!!
To build houses on all this land, Black Dragon Group simply did not have the funds right now.
As for continuing to take out loans?
Heh...
The current Black Dragon Group truly had nothing left to mortgage. Even if they could borrow, they could only secure another tens of billions.
It wouldn't play any real role at all...
An Executive shook their head: "All of this has nothing to do with us! As long as real estate doesn't plunge by more than half, we won't face the risk of loss. For us, it's a foolproof business where we win no matter what!"
"As for what that Qin Jiang is thinking, who knows..."
...
Soon!
Everyone discovered that the land auction speed of Black Dragon Group's chairman's secretary team had not only not stopped, but had become even more ferocious.
Eighty billion!
One hundred billion!
One hundred and fifty billion!
...
As the numbers continued to rise, more and more factions were shocked into speechlessness, until the number hit 300 billion, at which point all factions fell completely silent.
Three hundred billion!
Black Dragon Group had actually spent 300 billion to auction land.
And all within just a few short months...
Are you kidding me...
It could be said that Black Dragon Group's presence could be seen in every land auction across the Three Northeastern Provinces and even several neighboring regions. Furthermore, they were always the biggest bidders, casually buying tens or hundreds of billions worth at a time!
At the same time, news outlets everywhere were frantically reporting on it...
All parties were shocked!
...
Gu Chuan: "Qin Jiang actually values real estate this much, buying three hundred billion in land! This is staking the entire Black Dragon Group on it."
Leng Tong: "Isn't this a bit too exaggerated?"
Gu Chuan: "When has anything he done ever failed to exceed people's expectations, yet every single time he pulls it off!"
Leng Tong: "That's true..."
...
Ye Ze: "Clearly the future is the internet era, why would you sink so much money into the physical sector? Aren't you afraid the real estate industry will collapse? Looking across global real estate, where has prices ever risen forever? Domestic housing prices have already become absurd to this point... Where on earth do you get your confidence..."
"Could real estate really rise again..."
...
Old Friend: "Your student really makes big moves... ridiculously big! Three hundred billion! All staked on real estate..."
Wu Yue: "What do you know? This is called boldness!"
...
Bai Weiguo: "This kid is always full of surprises..."
...
For a time:
Many factions turned their attention back to real estate!
In 2015!
The internet era had already arrived, and many people had turned their eyes toward the internet and those unicorns.
But Black Dragon Group's such massive gesture instantly forced their gaze back onto real estate:
Could real estate be about to skyrocket once more...
After all, Qin Jiang's legend was too absurd, and none of the decisions he made had ever failed...