"What they are saying is correct. The problems facing Hengda Real Estate are undeniably and glaringly obvious. If we were to take over and develop these projects from an investment perspective, unless we meticulously screen out quality projects with low sunk costs and a certain margin for profit, taking over Hengda's real estate projects will inevitably result in heavy losses—and the extent of those losses will be massive!"
"Therefore, from an investment standpoint, if the purpose of taking over is investment return, I cannot support it. Even if there are a few relatively high-quality projects that could bring us a certain profit margin, I don't believe there is any real necessity for us to take them on. After all, given the baseline reality that we would have to confront their sunk costs, even the absolute best projects from Hengda Real Estate pale in comparison to a run-of-the-mill project developed independently by Tenglong Real Estate!"
Xiao Qiang paused for a moment before continuing, "Of course, when it comes to the question of whether or not to take over, the profit margin of the project itself cannot always be the sole determining factor for investment. I'm just wondering what Chairman Ye has in mind. What underlying reasons or factors led you to consider taking over Hengda Real Estate's projects?"
Chapter 953