Wu Yajun, The Richest Woman, From The Reporter To The Richest Woman

In March, Forbes released the world's richest list, Wu Yajun, founder of Longhu real estate in Chongqing, for $5 billion 500 million.

Of course, behind this is a

Teacher Wu

Wu Yajun was born in Hechuan, Chongqing in 1964.

Hechuan used to be a county, but now it is Hechuan District, Chongqing.

The battle of fishing city in song and Meng dynasties occurred here or was the longest time in history.

In 2007, Longhu signed an agreement with Hechuan district to build a comprehensive tourism development project for Hechuan fishing city and Dongcheng peninsula.

When she was a child, she was similar to most of her contemporaries. In a courtyard in the Camp Street of the county seat, some families shared a kitchen.

Wu Yajun's father worked in a supply and marketing cooperative, while his mother was a tailor and an entrepreneur.

When he was in high school, Wu Yajun studied in key secondary schools in Hechuan's second middle school.

No secondary school love story, her high school teacher recalls, on the one hand, her character is a bit like a boy, on the other hand, they are also strict.

And her life goal at that time was to become Mrs. Curie.

"At that time, her composition was very good, her liberal arts record was excellent, but she had a plan for life, and thought that the girl lacked logical thinking, so she gave up the liberal arts and read science and technology."

Zhang Weiru, a colleague who had been together during the pioneering period, was looking back.

Wu Yajun was admitted to Northwestern Polytechnical University in 1980, in particular the Department of navigation engineering.

In 1989, the Institute of navigation engineering was established.

Northwestern Polytechnical University was founded in October 1957 by the Northwest Institute of technology and Xi'an Aviation Institute in Xi'an. In 1970, the Department of Aeronautical Engineering of Harbin Engineering Institute merged into Northwestern Polytechnical University.

In addition to the study, Wu Yajun is a striker for the school basketball team at Northwestern Polytechnical University and a basketball player in three.

After graduating in 1984, it was assigned to the Chongqing vanguard instrument factory, which was a technician in the 16 workshop.

It is a rare talent, and is also arranged in the factory's TVU teacher, so, all around people call her "teacher Wu", this address has been continued.

There is a salary of 100 yuan a month, and that period is certainly a high salary.

In 1986, the factory introduced technology to discuss cooperation with Germany.

Wu Yajun is an interpreter. This kind of affairs image is also one aspect. She made her own cheongsam. This should be inherited from her mother's craft and let everyone see it.

So in 1988, when the market economy was gradually developing, people began to face more choices. Wu Yajun's choice was to be a reporter and editor in the China city newspaper.

The organizer of the newspaper is the Construction Department of the Ministry of construction and the Chongqing Municipal Construction Committee.

In fact, it was once in a newspaper office.

The editorial department seems to be more flexible in its mechanism. It is reported that Wu Yajun embodies his ability in publishing the album.

It should be personal return.

Of course, based on the industry characteristics of newspapers, it is not surprising to become familiar with the real estate sector.

Entrepreneurs also have emotional life. Wu Yajun is married.

Cai Kui, who graduated from the Nanjing Aerospace University of communications in 1984, has a common language in her profession. It is said that Wu Yajun's profession is concerned with torpedo control, while Cai Kui is a guide. The company is playing a joke on their wives.

Cai Kui worked as an engineer at the Chongqing airport construction company. In 1993, he founded the Chongqing Yatai industry and trade development company, which involved the development of fast charger.

In 1994, Wu Yajun served as the chairman and general manager of Chongqing Jia Chen economic and Cultural Development Co., Ltd.

The registered capital was 2 million yuan. At that time, there were four shareholders. China's city appearance newspaper, Chongqing Yatai industry and trade development company, and Cai Kui and Wu Yajun's mother were superb, and each invested 500 thousand yuan.

At that time, there were more than ten colleagues, mainly for decoration and sales of imported building materials.

In the second year, the registered capital of the company increased to 10 million yuan, of which Wu Yajun and Cai Kui invested 7 million 500 thousand yuan, and the shareholding of the newspaper was relatively diluted. After a few years, it withdrew.

There is a text on the Internet. From an insider's point of view, Cai Kui once did a series of business, including computer assembly, which should be profitable.

In 1995, Wu Yajun became the managing director of Chongqing Zhongjian Real Estate Co., Ltd. and entered the real estate industry.

About China Construction Branch, Chongqing Zhongjian Real Estate Co., Ltd. is a limited liability company established in Chongqing in June 1995, with a registered capital of 1 million yuan, of which Zhongjian Industry Co., Ltd. accounted for 55%, and Chongqing Jia Chen Economic Development Co., Ltd. accounted for 45%.

China Construction Industry Co., Ltd. is a large shareholding enterprise, including shareholders of China Construction Engineering Corporation.

Chongqing Zhongjian Real Estate Co., Ltd. has undertaken the development and construction of a well-off urban and rural residential technology industry project in 2000, that is, Chongqing Longhu garden demonstration area.

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dragon lake

In June 18, 1997, Chongqing was listed.

The area is 2.39 times the total area of Beijing, Shanghai and Tianjin, with a total area of 82 thousand and 400 square kilometers.

Prior to the April Longhu garden Nanyuan foundation, the real estate advertised "treat your life well".

This is a sentiment. Before becoming a developer, Wu Yajun himself had a house purchase experience. The house was delayed for a year. After the occupancy, the natural gas was blocked, and the living room had no windows and poor lighting.

All this, Wu Yajun was angry: if I were a developer someday, it would not be so bad.

A change at the company level is that Chongqing Zhongjian Ke Real Estate Co., Ltd. is renamed Chongqing Longhu Real Estate Development Co., Ltd.

Jia Chen Economic Development Co., Ltd. later changed its name to Chongqing Longhu Enterprise Development Co., Ltd.

A few years later, a press release in Longhu talked about the idea that respecting others means respecting oneself, giving roses to others, and remaining fragrant in hands.

Longhu believes that housing is comprehensive and can not put the limited housing resources on a few dazzling selling points, but should be allocated according to people's living habits and habits so as to achieve the best results.

The first time was very important. In 2010, Zhang Wei accepted the interview with "Chong Qin morning news". When we went to the bank, she told people about Nanyuan's planning and ideas, and talked about the future of the region.

She persuaded her family with professional persuasion, and the bank soon borrowed money.

I remember a leader at a bank said that you were the one who did things.

Longhu garden Nanyuan covers an area of about 160 thousand square meters, with a total construction area of about 230 thousand square meters, including townhouses, multi-storey apartments and high-rise apartment elevators.

Schools, supermarkets, medical centers, kindergartens, clubs and other supporting facilities look ahead.

In 1998 and 2000, he won the first prize of the first, second "ten best residential districts in Chongqing".

Wu Yajun quotes: "we can take people to see the first project we did. At that time, although the selling price was only more than 1000 yuan, we did not ruin the more than 1000 yuan."

It seems plain, but there is a sound on the ground.

Entrepreneurs are most thinkers. They are thinkers. Wu Yajun has an extension of understanding. The media often invoke: why do you want to be a company? What do you want to do after you live? What if I am rich after all, I am rich. What is the end of everyone's fortune? If I build a pile of garbage, what if I become rich? I don't think I will be happy.

The opportunity for the development of the real estate industry is the monetization of housing. The units no longer undertake the housing supply of workers, and people obtain the ownership or the right to use the housing through the market or social security system.

In October 2000, second property projects began to develop in Longhu garden Xiyuan.

Longhu garden Xiyuan covers an area of about 140 thousand square meters, with a total construction area of about 290 thousand square meters.

The number of buildings along the lake side is relatively low, increasing gradually from east to west.

The project was awarded the first prize of the third "ten best residential districts in Chongqing".

Longhu has innovated plate surround and model landscapes, and there are lofts and air gardens in the Huxing.

After listing, it sold well, and 1683 Suites sold out in one year and two months.

This is a good starting point for a company.

In fact, the major shareholder Zhongjian branch is gradually withdrawing. In July 1999, jachen company calculated 1 million 125 thousand yuan at a price of 1 yuan per share, which allowed 11.25% of the shares pferred by China construction industry.

Since then, China Construction Branch has reduced its holdings many times. In October 2003, China Construction Industry Co., Ltd. will hold the last 5% of Longhu to Wu Yajun, a natural person.

Li Yu, a professor at Sichuan University, who served as a consultant to Longhu in 2000, was so close to Wu Yajun. Later, he accepted the interview with Chengdu business daily. "There are many rumors outside that the woman has backstage background. Actually, she has no background.

Wu Yajun made her own business like a family. There were differences. Anyone could quarrel with her, but she had absolute authority.

Longhu is very cohesive and warm. Everyone works hard.

If you can't do it well, I feel sorry for her. "

In October 2001, the foundation of the North City Street Street project, Longhu began to enter the commercial real estate field.

The project is located in the central Guanyin Bridge area of Jiangbei District, Chongqing, with a floor area of about 350 thousand square meters. It is a fashionable lifestyle shopping center integrating shopping, entertainment, leisure and catering. It is selected as one of the eight new landmarks of Chongqing.

As a commercial pedestrian street, North City Street has introduced Far East department stores, UME international cinema, Starbucks, Haagen Dazs, BMW Lifestyle and other brands.

Wu Yajun called employees "brothers", so employees probably received such a phone call: Hello, brother, confused.

Multiple formats

"Wu Yajun is my bosom friend, her personality and personal charm can make the team have great cohesion."

Designer Tong Tong told the Chongqing times in March 2009 that he was a designer of the Longhu camphor forest villa.

"Style is like the last few women make up. First of all, she has a good bone and a good figure."

After his return from Canada, the first project was the Peach Garden.

Hangzhou the Peach Garden is located at the south foot of Lantau Peak, Yuhang District, Hangzhou, 18 kilometers away from Hangzhou.

It covers a total area of 2700 Mu and is one of the lowest density villas in China.

Wu Yajun inspected the project, so Longhu asked him to build a camphor forest villa.

The project covers an area of about 190 thousand square meters and the construction area is about 79 thousand square meters.

The area is surrounded by mountains and rivers, and the lakeshore line is winding for 1300 meters.

There is a long island in the middle part of the villas extending to the heart of the lake. The 6 great lakes are formed naturally along the coast.

In 2004, Cinnamomum camphora was awarded the first prize in the fourth "ten best residential districts in Chongqing".

During this period, Longhu entered a stage of rapid development. In 2003, sales revenue was 620 million yuan. In 2005, Longhu became the first real estate development enterprise with annual sales of over 2 billion in Southwest China.

In October 2004, Longhu signed a contract with Hongkong, and the world's top 500 entered Chongqing's real estate market for the first time.

"Hongkong is the first place to appreciate Longhu, choose Longhu, then choose the project."

Guo Jianhao, chief representative of Beijing, Hongkong, said: "partners are the premise for us to invest in a place.

Land choice partners are rather cautious and even harsh.

Longhu is our second partner in real estate development in the mainland.

The "Jianghe city" is located in the high new park in the north new district. Along the Jialing River residential area, it covers a total area of about 780 thousand square meters, with a planned construction area of about 1 million 760 thousand square meters, including shopping malls, garden houses, high-rise apartments and so on.

Traditionally, the road in the community occupies a lot of space and affects the landscape.

Jiang and the city used the underground garage to realize the diversion of people and vehicles in the community, so as to make the community space panoramic greening.

The main room of the living room is 4.7 meters and 4.9 meters, and the main bedroom opens to 4.1 meters.

The main balcony of the main unit is 2.7 meters wide.

Housing is obviously not the only direction for Wu Yajun. In March 2006, he developed the first office building, West Street, Longhu.

The project is located in the core area of Yangjiaping pedestrian street in Jiulongpo District, with a total construction area of about 200 thousand square meters.

It includes department stores, brand stores, office buildings and SOHO.

The official website of the enterprise is an introduction: since 2004, through the implementation of the strategy of "regional focus and multi format", Longhu has entered the stage of national expansion, namely, from north to south, from coastal economic circle and central city to the surrounding cities, to achieve sustainable development by using the dual balance between formats and regions.

In every city, Longhu insists on developing ideas of multi projects and multi formats.

In November 2005, the first project outside Chongqing was developed into the Chengdu market, namely, Chengdu's crystal blue peninsula.

In fact, Beijing Longhu was founded in December 2002.

But the project is still operating in Chengdu.

The project is located in the central villa area along the Wenyu River in Shunyi District.

The total land area of Yan Lan Mountain in Longhu is 364 mu, about 160 thousand square meters, with a total construction area of about 200 thousand square meters and the total number of households is about 430.

The project is Mediterranean villa style, including Tuscany style, Spanish style and Italian style.

Another project in Beijing, Longhu, is a walk on the north side of Shunyi new town administrative center, covering an area of about 169 thousand square meters. The East is on the Chao Bai River, the Olympic water sports venues, the national Forest Park, the Chao Bai river sports park, and the two major municipal parks and the two big fruit tree park encircling projects.

In September 2007, Yan Lan Shan and Xiang Tai stroll out. The official website of the company said that the first day of the pre-sale sale was 95% and 100% respectively at the high price.

In the same period, Shanghai Longhu Real Estate Development Co., Ltd. was founded in November 2007.

The information technology of the company is very important. "In 2003, no Real Estate Company, paid a high salary to find someone who specializes in information technology to catch up with information technology". Ding Yuangang, director of Longhu real estate information center, reviewed the interview of IT manager world several years later.

Wu Yajun focused on the development stage of Chongqing in Longhu, and began the unified application of network information, thus laying the foundation of information management for the next national market expansion.

Ding Yuangang pointed out that if there are seven or eight branches to consider again, "there are different needs,"

Beijing will soon become the key to Longhu's development. "Beijing will become an important part of Longhu's real estate layout. Beijing Longhu has identified 6 real estate markets this year."

On March 2008, the responsible person of Longhu, Beijing revealed to the media.

The former project is in the eastern part of Beijing, and in 2008, Longhu wants to realize the westward strategy. The Downing ONE project is a concrete embodiment, located in the core area of Zhongguancun, and the west side is next to Zhongguancun East Road.

Located in the core area of Zhongguancun noble residential business district, the format includes hotel style apartments, refined decoration apartments, air villas, etc.

Cai Xuemei, head of sales in Beijing, Longhu, said: "Longhu's positioning is a provider of comprehensive urban housing program, that is, as long as there is demand for housing, the corresponding products can be found in the product line developed by Longhu.

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Richest man

In 2005, Hongkong real estate analyst Churchouse rate team investigated Longhu.

Churchouse served as director of LIM Advisors Limited and senior portfolio manager of LIM Asia Altemative Real Estate Fund.

Before that, he worked in the Morgan Stanley research department for more than 15 years. His specific duties include executive director, managing director and consultant director.

In November 2009, Churchouse became the independent non-executive director of Longhu.

In 2006, Longhu received a loan of 400 million dollars from Citigroup.

The expansion of this period has financial support.

In July 2006, Lin Juchang, chief financial officer of Huarun land, joined Longhu.

Before working for Huarun, Lin Juchang worked in Merrill Lynch.

Lin Juchang later accepted the interview with chief financial officer, and pointed out that when the capital market is good, the cost of financing is low, but the land price will be very expensive. Therefore, we should raise more funds at this time, buy land at low land price, and sell it when the market is good.

"Separate the three cycles and choose the right time."

The development of the real estate market has exceeded the expectation of the people. In November 2006, the director of the Longhu real estate planning center accepted the interview with Chengdu Business Daily: "Chongqing has developed for ten years, and we have completed an annual turnover exceeding 2 billion yuan.

By the end of 2007, that is, two years after Longhu entered the Chengdu market, we plan to break through 2 billion yuan in the sales of Rong Dan, plus the opening sale of Beijing project and the development of new projects in Chongqing. The sales of Longhu group in 2007 will increase by 1 billion yuan, more than 4 billion.

In 2007, Longhu's real estate sales exceeded 10 billion yuan, and undoubtedly became the first real estate company in Chongqing and in the western region, whose sales exceeded 10 billion yuan.

People have been informed of a train of thought in Longhu: the establishment of Chengyu special economic zone will inject new vitality into the development of Chongqing and Chengdu, and Longhu will continue to increase and maintain its leading edge in this region.

In addition, the Yangtze River Delta, the Bohai rim and the western central cities will be the focus of the next Longhu regional expansion.

"In the past, the development of Longhu largely depended on my personal knowledge and ideals, but people have limitations. One day my understanding is not up to the development of the situation, or inertia, what should I do?" Wu Yajun talked about listing in an internal meeting. Once the decision to go public, the enterprise will not go back. It will form irreversible mechanism, which is ensured by mechanism and pushes forward the development of enterprises.

However, the financial turmoil in Wall Street unexpectedly arrived. The industry inflection point appeared in 2008. The media focused on the capital chain of Real Estate Company. The so-called dramatic change means that the busy days before the salesmen recalls, just a few months ago, but it has already gone.

"The delay in listing is due to the impact of the financial crisis.

There is no doubt that Longhu real estate has been postponed to the public market, but it can not be stopped.

There are no advantages to our company at present.

When Longhu will restart the listing plan, there is no timetable yet. "

In November 2008, Gu Wei, a spokesman for Longhu group, admitted in an interview with "times weekly".

In November 2008, the company opened its first property in Shanghai, "Longhu Yan Lan Shan", and returned 220 million yuan a week.

"From the paction records, the superimposed villas products average price of less than 16 thousand yuan square meters."

"Oriental Morning Post" reported that: in November 8, 2007, Longhu real estate for the first time to enter Shanghai, with the price of 1 billion 542 million 140 thousand yuan, won the 8 plot of characteristic residential district of Qingpu Zhao Xiang Town, and the land floor price was 10672 yuan per square meter.

Of course, we all experienced this process, and then the real estate market reversed.

In May 2009, Chongqing Longhu Enterprise Development Co., Ltd. issued 1 billion 400 million yuan corporate bonds on the Shanghai stock exchange, which lasted for 7 years, and the bond's annual interest rate was 6.7% in the first 5 years.

The sale went well and the sale was finished that day.

In October 2009, the outside world learned that Longhu was once again IPO.

A total of three sponsors, Morgan Stanley, Citibank, UBS.

UBS was later intervened, so when Cai Hongping, chairman of the Asia Bank of UBS Investment Bank, had an opportunity to link up with the "richest man". The listing of Biguiyuan was UBS's underwriting.

Longhu listed 1 billion shares to be sold around the world, 10% of the public offering, and 900 million of the remaining 900 million are subscribed by institutional investors. The number of the open placements was reduced to 25% from the 25% of the total share capital issued after the last issue.

Lin Juchang pointed out, "but because of the ultimate closing to the upper limit pricing and the successful exercise of the excess allotment rights, Longhu still raised about $1 billion, which can be said to be diluted with less equity, in exchange for the expected financing scale and the most oversubscribed."

There are five basic investors, Dunearn investment company of Temasek, Singapore Government Investment Company, Bank of China Investment Limited of Bank of China (601988, stock bar), Ping An insurance, China Ping An (601318, stock bar) (micro-blog) asset management, Starsome of Hongkong land.

Invest tens of millions of dollars respectively.

Investors have noticed Wu Yajun's difference. "She doesn't like to talk about how much she has, how much she has, but what she is doing this year, what she will do next year, and how she will make the product.

Every detail is very detailed.

The Economic Observer (micro-blog) quoted a person who watched the roadshow.

Due to over 50 times of oversubscription in Hongkong, the company started the callback mechanism, and the total number of shares available for sale in Hongkong was 400 million shares, representing 40% of the initial global offering.

In November 19th, Longhu real estate (0960.HK) was listed on the first day, opening at HK $7.20, reaching a maximum of HK $8.19, eventually closing at HK $8.01.

At the closing price of HK $8.01, the wealth of Wu Yajun and his wife reached HK $31 billion 239 million, more than that of Biguiyuan's largest shareholder, Yang Huiyan, about HK $29 billion 300 million.

In November 24th, the Longhu real estate announcement issued full exercise of over allotment of shares, and the company issued 150 million shares at HK $7.07 per share.

With the exercise of excess allotment rights, Longhu real estate's global offering shares totaled 1 billion 150 million shares. After deducting underwriting Commission and selling expenses, Longhu's net income amounted to about HK $7 billion 715 million.

Cai Kui is listed as the former director and vice chairman of Chongqing Longhu enterprise development limited company, and now he does not have a list of management teams on the website, thus avoiding the external impression of family businesses.

Wu Yajun and he have a Private Companies, and Cai Kui is currently engaged in land development, golf and other projects.

"He is very smart now."

Wu Yajun said.

Commercial real estate

In November 2010, Longhu real estate announced that it had fulfilled the contract sales target of 24 billion 800 million yuan in advance.

The strategy of "regional focus" has been quite large, that is, the southwest region plate with Chongqing as the core, the Bohai rim plate with Beijing as the core and the Yangtze River Delta plate with Shanghai as the core.

On the basis of the three plates, they began to enter more cities, such as Shandong, Qingdao, Liaoning, Shenyang, Jiangsu Wuxi, Changzhou, Zhejiang Hangzhou, Shandong Shandong, and Shandong.

There is an understanding in Longhu that the relationship between real estate development enterprises and urban construction can be divided into three stages: at first, developers make money through land development; in the second stage, development enterprises cooperate with the government in regional construction; in the third stage, development enterprises become one of the driving forces of urban development.

Qin Lihong, general manager of the Longhu group customer and company brand department, said in an interview with the JINGWAH times: the second step is to build and share the prosperity of the city and begin to enter the commercial real estate field; the third step is to participate in the sharing of urban development, that is, the urban operators, realizing the integration of production, business, housing, pportation and operation.

Longhu Changying street is located in Chaoyang East, Chaoyang North Road and Guanzhuang Road Interchange, M6 line subway covers 460 thousand square city complex, Longhu maintains 260 thousand square meters business matching, planning has IMAX cinema, ice rink, workplace experience Park and four seasons theme store and other formats.

The concept of "Family Mall" is put forward, which integrates the functions of shopping, dining, leisure, entertainment, culture and so on, taking into account the "family family City Complex" from the needs of children to the elderly.

In architectural form, it is no longer a closed shopping center. Instead, the natural lighting is introduced into the interior of the building.

It is scheduled to open in 2011, with Town Apartments and Elite Apartments.

The structural problem encountered by real estate enterprises is that after the continuous growth of residential business, the best time is no doubt past.

For now, it is also a comprehensive residential and commercial real estate, but the profit of residential business is too good in the early stage.

Companies with multiple formats are better suited to this change.

Of course, commercial real estate, the premise of holding property is a lot of money.

Media quoted Longhu high level as saying that the layout of the project is concentrated in the two or three line city, 70%-80%'s land reserve, while the proportion of commercial real estate in the complex project has been greatly improved.

It is learned that by the end of 2015, there will be 18 large commercial projects in Longhu and 2 million square meters. The contribution of rental income to total profits will be 10%-15%.

In 2010, Longhu, Beijing became the first billion company in the group. The annual sales amount reached 10 billion 20 million yuan, ranking second in the Beijing market. At the same time, the amount of Chongqing Longhu's subscription exceeded 9 billion yuan, and it won the first place in Chongqing market for seventh consecutive years.

In 2010, Longhu's annual sales contract was 33 billion 320 million yuan, an increase of 81.5% compared with the same period last year, and its gross margin rose to 33.9%.

The performance will be on the spot, Wu Yajun said. Beijing's target is 8 billion this year. Last year, Beijing's target was 7 billion, but Beijing actually finished 3 billion.

It is because we predict that there will be some fluctuations in the market this year, so Beijing has been oversold by 3 billion last year, that is to say, the value of Beijing's goods sold last year.

Executive vice president Shao Mingxiao: in a city like Beijing, our goal is to maintain the leading position of the first three.

In addition, we can see that we are constantly extending our entire business level, such as the Yantai project.

Shao Mingxiao was the general manager of Beijing company.

He further pointed out that the city of Yantai is rich in red wine, gold and apples, which is a very beautiful city.

It is also located in the cold temperate zone, so it is suitable for various customers' needs.

Plus, the products in Longhu are very strong now. In that project, we will match some of our traditional essential products, as well as some holiday products, as well as some investment products and some other properties.

This is about holiday products. In July 2010, Longhu launched its first holiday product, Chengdu small town Qingcheng.

The project is located at the front gate of Qingcheng Mountain, Chengdu expressway, Chengqing Qingdao express highway, provincial highway 106 line and three lines directly to Qingchengshan.

The company introduces: the products are mainly made up of hardcover courtyard and stacking courtyard. The design of the apartment is diversified. The project breaks the layout of the traditional villa in the planning and design, and realizes the holiday dream of the villa in an all-round way.

One thing must be mentioned. In 2010, Greentown China's investors' meeting in 2010 said: "to do quality, the real estate companies that do better than us are only one and a half families. This one is Longhu, and the other half is Xinghe Bay.

Wu Yajun has a man's spirit and a woman's delicacy. I'm not stingy to give her a complimentary word.

Although he kept talking back again, "boys usually get better grades than girls after college."

Chongqing Federation of industry and commerce data show that in 2010, Chongqing has sold over 10 billion private enterprises to 6, and Longhu real estate ranks the top two indicators of sales revenue and tax contribution in 2010.

In March 2, 2011, Longhu real estate was awarded the first rating by rating agencies Standard & Poor's and Moodie.

Standard & Poor's gave BB+ rating, Moodie gave Ba2 rating, and the outlook is stable, which is the best level of China's private housing enterprises.

epilogue

People who are familiar with Wu Yajun and Cai Kui talk about them. "They are only children of ordinary families. They have entered the University and caught up with the tide of the sea.

People are smart and hardworking, seize the opportunity to develop, this is the story I see.

We have all gone through and continue to experience this era, but a few clearly led the trend.