Li Yapeng’s real estate investment status in Henan was revealed on April 26. After a day of fermentation, this matter has aroused heated discussion among the people in China.
At this time, everyone discovered that Li Yapeng, who had the dream of a real estate tycoon, not only had a dismal end in the snowy mountain town before, and therefore owed a huge debt of 40 million yuan, and his real estate projects in Henan and Jiangxi provinces are also not going well.
- The Lijiang project is unfavorable
Looking at Li Yapeng’s business experience on a certain encyclopedia, it turns out that he actually started his business journey in 1999. But at that time, his career focus was still on filming.
“The Swordsman” in 2000, “The Legend of the Condor Heroes” in 2001, and “The First Under Heaven” in 2004 have all become his classic masterpieces.
In 2010, Li Yapeng and his older brother Li Yawei founded Zhongshu Holdings and began to retreat from the entertainment industry and moved to the investment industry.
Two years later, Li Yapeng officially entered the real estate industry as a newcomer, and said: “Not for profit, just to find the direction of life value.”
When he first entered the real estate industry, Li Yapeng won a piece of land in Shuhe, Lijiang for 163 million yuan, and planned to build a snow-capped art town with a total investment of 3.5 billion yuan.
At that time, in order to make a name for the snow-capped mountain town and drive real estate sales, Li Yapeng invited friends in the circle, such as Yang Kun, Zhao Wei, Hu Jun, etc., to call on everyone to buy property here and set up the “China Good Friends Club”. But all had little effect.
Otherwise, Li Yapeng would not be sentenced to 40 million yuan in compensation and interest. Even the begging recordings were exposed and his face was lost.
Only two years after the Snow Mountain Town project started, Li Yapeng sold 51% of the project to Sunshine 100 for a price of 193 million yuan.
However, Li Yapeng is still the second-largest shareholder of the Snow Mountain Town project, holding 27.8% of the shares. In addition, Beijing Taihe Youlian, which sued Li Yapeng, accounted for 10%, Zhongshu Holdings accounted for 6.6%, and his brother Li Yawei accounted for 0.3%.
What’s interesting is that in the year after Li Yapeng won the Snow Mountain Art Town project, Faye Wong announced her divorce, saying that “the couple’s fate is here.” Looking back now, this point in time is also quite intriguing.
- The Henan project exists in name only
The disadvantage of the Lijiang Snow Mountain Art Town project did not hinder Li Yapeng’s determination to enter the real estate industry.
In 2017, Li Yapeng announced the launch of his first Chinese Wengu cultural tourism project in Zhengzhou, Henan, with a planned total investment of about 3 billion yuan.
At that time, Li Yapeng enthusiastically invited many cultural celebrities such as Yu Dan and Wang Liqun to serve as the project platform.
Li Yapeng talked on stage about his original intention of coming to Henan to engage in real estate, imagining that this park can create huge economic benefits in a short period of time and become a brand new business card for the local area.
However, nearly 4 years later, when the reporter visited this place at the end of March 2021, it was discovered that the main part of the project had not yet started construction, but the supporting residential real estate was nearly completed.
As for Li Yapeng, judging from the shareholding and shareholder change information on a certain website, he has already withdrawn from the project as early as 2018, and has no longer participated in the project at all, and is currently invested by Jinke Group.
It can be said that Li Yapeng’s China Wengu project in Zhengzhou, Henan Province has existed in name only.
- The future of the Jiangxi project is uncertain
Despite repeated “failures”, Li Yapeng became more and more frustrated. After the Henan project ended without disease, he still bought 4 plots of land in Ganzhou, Jiangxi for a total price of 780 million yuan in 2019, intending to continue his Chinese Wengu project here, with a total investment of 6.1 billion yuan, the most of the three real estate investments.
Different from the previous projects, the China Wengu project in Ganzhou, Jiangxi, regardless of its geographical location or policy support, has always been regarded by the outside world as “time, place, and people.” Moreover, the strong financial strength behind the other investor of the project is even more icing on the cake.
Li Yapeng’s land is getting more and more, and the “pie” is getting bigger and bigger, but the progress of the project is still not improving.
Similar to the path taken by the Henan project, almost two years have passed. The Jiangxi project is still silent. The construction has not been completed and put into operation within the specified time, and even the publicity has been suspended. Li Yapeng’s equity was gradually diluted and Ganzhou’s China Wengu project is also uncertain.
Conclusion
The three projects in a row were gone. Not only did Li Yapeng fail to realize his “real estate tycoon dream”, he also owed 40 million yuan in debt, and the interest alone was tens of millions. Compared to the idealized start, Li Yapeng’s business ending is even more embarrassing.
At the same time, Li Yapeng’s “mischief” left by the Sunshine 100, Jinke and other real estate developers are now even more problematic, stagnant, and difficult to implement, resulting in huge pressure on real estate developers’ funds and sinking into a huge pit of one billion yuan. “.
Restricted by national policies, if developers cannot complete supporting facilities for cultural tourism, they cannot sell supporting residences and can only continue to invest. The “cake” they took from Li Yapeng’s hands still cannot be realized in a short period of time.
From Li Yapeng’s experience, it is not difficult to see that without professional knowledge to support it, it is actually quite difficult to cross-border success. After all, it is a well-known saying that every line is like a mountain.
Perhaps as Chinese netizens said, Li Yapeng may really not be suitable for investment.
Source: Tencent News